Coinbase is struggling to keep up with a massive surge in Solana memecoin trading. CEO Brian Armstrong says the exchange wasn’t expecting such a huge increase in activity. Solana’s Unexpected Boom The Solana network has seen a massive spike in trading volume, far exceeding expectations. According to DefiLlama, Solana’s 24-hour trading volume hit $22.25 billion,…
A US appeals court has overturned sanctions imposed on the cryptocurrency mixer Tornado Cash. This decision marks a significant win for cryptocurrency advocates and has sent the TORN token price soaring. Sanctions Revoked The US Court of Appeals for the Fifth Circuit reversed a lower court’s ruling that had sanctioned Tornado Cash. The court’s order…
A prominent crypto analyst believes Bitcoin and altcoins still have significant upside potential, despite suggestions that the market may be peaking. They cite several reasons for their bullish outlook. Reasons for Continued Crypto Growth This analyst, known as Altcoin Sherpa, points to several factors supporting further price increases: Favorable Macro Environment: They highlight a “best…
Donald Trump’s cryptocurrency venture, World Liberty Financial (WLFI), has quietly become a major player in the Ethereum staking game. A Whale in the Crypto Sea According to crypto analytics firm Arkham Intelligence, WLFI now holds over $33 million worth of staked Ethereum (stETH), putting it in the top 0.1% of stETH holders. That’s a significant…
Bitcoin recently hit an all-time high, soaring past $100,000. Despite this huge milestone, many investors aren’t feeling particularly bullish. There’s a sense of unease in the market. Low Investor Activity: A Red Flag? Analyst Axel Adler points to a worrying trend: the number of active Bitcoin addresses is dropping. This means fewer people are buying,…
Bitwise, a big name in asset management, just filed to launch a Dogecoin ETF (exchange-traded fund) in Delaware. This could be a game-changer for Dogecoin and the crypto world in general. Trump’s Impact on Crypto Regulation The timing of this filing is interesting, given that Trump is back in office. He’s been much more positive…
A recent report shows a big trend in the crypto world: US startups are dominating venture capital (VC) funding. US Dominance in Crypto VC In the final quarter of 2024, almost half of all VC money in crypto and blockchain went to US-based startups – a whopping 46%! Hong Kong was a distant second at…
A cryptocurrency firm, CLS Global, got caught manipulating the market and is paying the price. The Department of Justice (DOJ) nailed them for wash trading – basically, faking trading activity to make it look like a cryptocurrency was more popular than it actually was. How the DOJ Caught Them The DOJ used a clever tactic:…
A top executive at Circle, Jeremy Allaire, believes former President Donald Trump is about to issue a series of executive orders that will significantly change how banks interact with cryptocurrencies. Banks and Crypto: A New Era? Allaire predicts Trump will soon sign executive orders allowing banks to: Hold digital assets in their portfolios. Trade cryptocurrencies….
A well-known crypto analyst, who correctly predicted the 2022 crypto market crash, is forecasting a major bull run for digital assets. However, they say it won’t happen without one last significant price drop. A Final Dip Before the Surge? The analyst, known only as Capo, has a large following on social media. They’re telling their…
