Meme coins are staging a strong rally even as the broader cryptocurrency market trends downward. While the total crypto market cap has declined by 1.8% over the past 24 hours, the meme coin sector has surged by 8.4%, signaling a clear divergence in momentum. Last week’s announcement from the Federal Reserve—confirming that interest rates will…
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Analysts Say Ethereum Struggles as Competition Intensifies: FT
Key Takeaways: Analysts say Ethereum is struggling to keep pace as rival blockchains attract users with faster speeds and lower costs. Technical challenges and growing reliance on third-party networks are weakening Ethereum’s position in decentralized finance. Investor interest is shifting toward speculative trading like memecoins, reducing focus on Ethereum’s original financial use cases. Outflows from…
World Liberty Financial Solidifies Stablecoin Plans Amid Growing Speculation
Key Takeaways: World Liberty Financial announced its plans to introduce USD1, a stablecoin pegged 1:1 to the U.S. dollar and backed by U.S. dollar deposits, government treasuries, and cash equivalents. The Trump family has close ties to the project, with Eric and Donald Jr. serving as “Web3 ambassadors” and Barron Trump listed as the “DeFi…
Crypto Trading Platform eToro Files for Nasdaq IPO
Key Takeaways: eToro filed for an IPO to list its shares on Nasdaq, marking a major step in its growth. The company’s earnings surged due to increased crypto trading activity, but future performance remains uncertain. Regulatory challenges in the U.S. have shaped eToro’s operations, limiting its crypto offerings for American users. On March 24, eToro…
Only 440 People Are Responsible for Trillions of USD in Artificial Crypto Trading – Research
About 440 people are responsible for trillions of dollars in artificial trading, according to a new study published on Cornell University’s server arXiv. Researchers Honglin Fu, Yebo Feng, Cong Wu, and Jiahua Xu have developed a tool called PERSEUS to track the infamous pump-and-dump schemes in the crypto industry. They observed the so-called ‘spreaders,’ who…
Report Shows Security Concerns as the Major Challenge for Crypto Payment Adoption
Key Takeaways: Security risks and lack of legal protection remain major obstacles to crypto payment adoption. Concerns over fraud and hacks vary by region, with some users fearing irreversible losses. Despite risks, many still prefer crypto payments for speed, accessibility, and cross-border convenience. A report by Bitget, released on March 25, reveals that security concerns…
FDIC Drops ‘Reputational Risk’ in Bank Rules, Crypto Advocate Calls It a Win
In what came as a win for the crypto space, the Federal Deposit Insurance Corporation (FDIC) has officially removed “reputational risk” as a factor in bank supervision. The decision follows the passage of the FIRM Act, championed by Senator Tim Scott, by the U.S. Senate Banking Committee. This act aims to eliminate reputational risk considerations…
Is Pi Network About to Explode? Analyst Spots Rare Bullish Pattern on Chart
Pi Network has fallen by 5% today, with its drop to $0.90 coming as the cryptocurrency market loses 2.5% in the past 24 hours. PI is now down by 19% in a week and by 37% in a month, with the altcoin also witnessing a steep 70% decrease since reaching an ATH of $2.99 on…
Can Berachain Overtake Solana? Smart Contract Bulls Eye Fresh Breakout
The $BERA token underlying the speedy new Berachain blockchain is surging harder than Solana today even amidst a wider market downturn that has seen crypto’s $2.98 trillion market shed 1.4% in the last 24 hours. Bitcoin is still about 80% short of its 2025 price target of $160,000, while Ethereum needs an increase of 144%…
Meme Coins Are Exploding Again – PEPE Leads With Bullish Breakout
Meme coins have gone up by 3.2% in the past 24 hours and Pepe (PEPE) is leading the scoreboard as Monday’s rally seems strong enough to spill over to today’s session. The aggregated market cap of the 100 largest cryptocurrencies in this category currently stands at $53.8 billion. The past week has been positive for…