Five of the top 10 underperforming assets today were memecoins, including PENGU, FARTCOIN, and BRETT. The memecoin sector dropped 2.3% in 24 hours, falling from a top-performing category to one of the weakest. In the past 24 hours, the overall crypto market has slipped further into red territory, shedding 1.14%. Major token categories recorded a … Read more
Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price information to exchanges, brokerages, trading firms, and other institutional entities. In an interview … Read more
The next crypto moonshot has arrived, and only the sharpest investors will seize it. PEPE, Near Protocol (NEAR), Official Trump (TRUMP), FARTCOIN, and FloppyPepe (FPPE) are not just names; they are ticking time bombs of opportunity, primed for explosive growth. With the potential to deliver 1,000x returns, these under-the-radar gems are gaining momentum. Only the … Read more
Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the largest single-day gain among bitcoin miner-exposed equities, climbing more than 22% to close at $6.83. Bitdeer Technologies Group followed with a 10.63% advance to $15.19, while Hut 8 Corp. … Read more
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Whale staking activity indicates strong long-term conviction in Solana, yet short-term volatility is creating caution among traders. Despite staking over $50.8 million, Solana struggles to break through a critical price resistance, reflecting market uncertainties. A statement from COINOTAG highlights that while whales increase their positions, the fear of liquidation looms large among smaller traders. Solana … Read more
Stablecoins, like Tether USD Coin, continued their strong growth this week, with their market capitalization hitting a record of $243.8 billion. These coins have added over $38 billion in assets since they started the year with $240 billion. Tether (USDT) boasts a market cap jumping to over $151 billion, giving it a dominance of 62%. … Read more
Recent speculations that Cardano native token holders are not eligible for the Midnight drop have drawn a reaction from Charles Hoskinson. The Cardano founder responded to a tweet suggesting that holders of tokens native to the Cardano ecosystem would not receive the highly anticipated drop. He quoted the tweet and responded with a video of … Read more
On Saturday, at block height 897,120, Bitcoin’s mining difficulty increased by 2.13%, reaching 121.66 trillion and marginally raising the computational challenge required to uncover new blocks. Bitcoin Mining Difficulty Climbs Past 121 Trillion Miners now face slightly steeper odds in their efforts to solve blocks, with the adjustment making the process 2.13% more arduous. Although … Read more
Everstake stated to the SEC that non-custodial staking should not be grouped as a securities transaction. It says that non-custodial staking does not consist of assets or the presumption of profits from managerial efforts. The US Securities and Exchange Commission and Everstake are in discussions to explore clearer regulatory definitions revolving around taking and blockchain … Read more