New wave of honeypot tokens targeting Base users

Threat actors have set their sights on the Base network and its users, posting honeypot tokens and risky assets over the past few days. The tokens are designed to exploit contract backdoors to allow the attacker to drain users’ wallets.  On-chain analysts have discovered a new wave of token launches that pose a danger for … Read more

XRP loses market steam, drops 4% – What to know about the crypto market this week

Ripple (XRP) experienced a 4% decline after an anticipated rally lost momentum. The asset had broken above a significant descending trendline, sparking trader optimism. However, it failed to sustain gains above the $2.50 resistance level, retreating toward $2.40. Over the weekend, XRP surged 10% after breaking out of a symmetrical triangle pattern formed between early … Read more

2024 at Stake: Key Moments and What’s Next

2024 is well and truly behind us, and Stake, the biggest crypto casinos, has recently reflected on an action-packed year full of big wins, exciting sports events, and popular games. Players had a blast, from casino hits to thrilling sports betting moments. Let’s look at the key trends, big wins, and exciting events that made … Read more

Bitcoin’s Value Drops as Job Data Shifts Fed Outlook

Bitcoin (BTC) began the week on a downward trend, losing 1.6% of its value as it fell below $93,000. The decline followed the release of strong employment statistics that altered expectations for interest rate adjustments by the Federal Reserve (Fed). Consequently, concerns arose regarding the potential for a more considerable market pullback. Did Employment Data … Read more

Analyst Predicts Trump Administration Will Make 2025 ‘The Year of Crypto ETFs’

Nate Geraci, a well-known exchange-traded fund analyst, has predicted that 2025 will be the year of crypto ETFs. He expects the Trump administration to quickly establish definitions of which crypto assets are classified as securities and which are not, opening the floodgates for more filings. 2025 Will Be the Year of Crypto ETFs, Powered by … Read more

Cathie Wood sells $17 million worth of this tech stock in just one week  — What’s happening?

Cathie Wood, CEO and Chief Investment Officer of Ark Investment Management (ARKK), has drawn attention after offloading $17 million worth of Palantir (NASDAQ: PLTR) stock in the first week of January 2025. The sale, which saw Wood’s ARK Funds unload 221,950 shares between January 3 and January 7, comes as concerns mount over Palantir’s lofty … Read more

Trading Volume Patterns Suggest Key Support at $27

TLDR AVAX is currently trading at $36.72, showing a bearish trend with consistent rejections at the $40-$42 resistance level Open Interest has declined alongside price drops, indicating reduced market participation and trader confidence Strong support exists around $27, with VPVR data showing this as a key historical accumulation zone RSI readings near 35 suggest approaching … Read more