Author: Benjamin Lee
An artificial intelligence (AI)-based altcoin and a decentralized finance (DeFi) token have soared in price after being added to Coinbase’s listing roadmap. In a post on the social media platform X, Coinbase Assets announces the additions of AI-focused project Aethir (ATH) and DeFi protocol Maple Finance (SYRUP) to its listing roadmap, causing the digital assets to spike in price. Coinbase’s listing roadmap is typically used for transparency and to prevent the front-running of tokens prior to them being listed. Being added to the roadmap means the crypto exchange may add support for the crypto asset soon. News of the addition…
New data from the market intelligence firm IntoTheBlock reveals that the long-term growth of an artificial intelligence (AI)-focused altcoin is on track. In a new thread on the social media platform X, IntoTheBlock says the numbers show that AI project Kaito (KAITO) – which had its highly anticipated token launch earlier this year – is primed for long-term growth despite users pulling profits from its initial airdrop. “KAITO was among the most anticipated token launches this year, but is the excitement holding up? Currently, about 41,800 addresses hold a balance, many established during the initial airdrop. While over 90,000 addresses…
A widely followed cryptocurrency analyst believes Bitcoin (BTC), Ethereum (ETH) and altcoins bulls are being set up for a massive trap. The analyst and trader pseudonymously known as Capo tells his 938,800 followers on the social media platform X that the crypto market looks primed to go up to potentially form a bull trap. A bull trap is a false signal that indicates that the bearish trend is over but then the price abruptly reverses course and witnesses a deeper drawdown. According to the pseudonymous analyst, Bitcoin, Ethereum and altcoins could rally by between 10% and 50% from current levels…
Cryptocurrency analyst and trader Ali Martinez is leaning bearish on a Solana (SOL) competitor. Martinez tells his 130,100 followers on the social media platform X that Sui (SUI) faces the risk of a “sharp correction” amid the formation of a bearish pattern. “Since November 2024, Sui has been shaping a head and shoulders pattern with the neckline at $3 serving as a crucial support level. And the price action seen in the last few weeks helped form the pattern’s right shoulder, which is not a positive sign. After the recent break of the $3 support level, the odds have increased…
The layer-1 blockchain Sui (SUI) is defying the broader crypto market downturn after inking a new deal with a decentralized finance (DeFi) protocol linked to US President Donald Trump. The Solana (SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI). Says World Liberty Financial co-founder Zak Folkman in a statement, “We chose Sui for its American-born innovation combined with impressive scale and adoption. It is a natural complement to our mission of bringing decentralized finance to more Americans. Given our plans to support foundational DeFi assets in the coming months, collaborating with Sui was…
A widely followed crypto analyst is updating his outlook on Bitcoin (BTC) after President Donald Trump announced the creation of a Federal crypto strategist reserve earlier this week. In a new strategy session, pseudonymous crypto trader Kaleo tells his 692,800 followers on the social media platform X that the unveiling of the strategic reserve is the most bullish announcement he’s heard in the history of the crypto king. “Bitcoin has literally never had a more bullish announcement and some people are selling here.” According to Kaleo, those panic selling the news are making a huge mistake, as he predicts the…
Solana (SOL) co-founder Anatoly Yakovenko opposes the idea of the US establishing a crypto strategic reserve. In a post on the social media platform X, Yakovenko cites why he does not support Donald Trump’s decision to create a national reserve of digital assets, a move that the President says will ensure the US becomes the “crypto capital of the world.” “My reserve order of preference: No reserve, because if you want decentralization to fail you’d put the government in charge of it. Or states run their own reserve as a hedge against the Fed making a mistake. Or if there…
Analyst and trader Ali Martinez is leaning bullish on a large-cap crypto project focusing on payments and cross-border transactions. Martinez tells his 129,700 followers on the social media platform X that Stellar (XLM) is forming a bullish pattern on the three-day chart. According to Martinez, the XRP (XRP) rival could go up by nearly 4x from a major resistance level. “Since November 2024, Stellar appears to be forming a bullish flag. The 600% rally seen in November created the pattern’s flagpole and the consolidation phase we have seen since then is forming the pattern’s flag. Now, a sustained break above…
An Ethereum (ETH)-based liquid staking token is soaring in price after the top US-based crypto exchange platform Coinbase announced support for the altcoin. In a new thread, Coinbase says it’s adding support for liquid staking protocol Renzo (REZ), a project that aims to streamline the process of staking Ethereum and other digital assets. “Coinbase will add support for Renzo (REZ) on the Ethereum (ERC-20 token) network… Trading will begin on or after 9AM PT on 6 March, 2025, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our REZ-USD trading pair will launch in…
Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform’s wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex’s wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news. Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles. We are temporarily suspending all services, including cryptocurrency withdrawals, while our entire team solves this problem. We are fighting and will not give up! Please note that all USDT in…