Author: James Wilson

XMR’s recent price jump appears more closely tied to the laundering of $330 million in stolen Bitcoin through exchanges than to any major adoption or technology developments. The price of Monero (XMR) unexpectedly surged on Monday, jumping over 50% from $228 to $347, before retracing to $295. While some initially speculated that the increase was tied to positive developments in the privacy coin’s adoption or technology, new evidence suggests the spike may actually be linked to a large money laundering operation. A suspicious transaction involving 3,520 Bitcoin (BTC), valued at approximately $330 million, was flagged by pseudonymous blockchain sleuth ZachXBT,…

PancakeSwap has just unveiled “PancakeSwap Infinity,” a major rebrand and upgrade to its DEX as CAKE price records a slight 3,5% uptick. According to an official announcement, PancakeSwap (CAKE) has rebranded PancakeSwap v4 to PancakeSwap Infinity. Initially launching on BNB Chain, PancakeSwap Infinity plans to expand to other blockchains in the future. The rebrand rolls out with a major upgrade, which introduces several technical improvements intended to improve trading experience and liquidity provision. First off, the update includes support for multiple liquidity pool types, enabling liquidity providers to choose between concentrated liquidity and simpler models based on their strategies. Currently,…

Ripple price prediction leans bullish after recent gains, but is $2.50 the final wall standing between XRP and a return to larger macro trendlines? Ripple rallies amid positive momentum After spending much of April trading within a relatively stable range, Ripple (XRP), the native token of the Ripple network, is beginning to show signs of a steady recovery. As of Apr. 28, XRP is priced around $2.32, reflecting a 7% gain over the past 24 hours.  Over the past week, XRP has climbed about 10%, continuing a gradual rebound from its early April low near $1.64. The token’s trajectory appears…

SIGN, the native token of Sign Protocol, is set to make its debut on Binance today after its token generation event and mainnet launch. In an announcement on April 25, crypto exchange Binance said it will list SIGN on April 28, 2025, at 11:00 UTC, with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The tokens will be available across Ethereum, Binance Smart Chain, and Base networks. The TGE for SIGN is scheduled an hour earlier, at 10:00 UTC on the same day. During the event, SIGN tokens will be minted on Ethereum and bridged to other supported networks,…

SPAR supermarket chain is rolling out BTC payments across Switzerland after a successful pilot in Zug and Kreuzlingen. According to a recent update from crypto services firm DFX Swiss, SPAR grocery stores will soon expand their acceptance of Bitcoin (BTC) as a payment option across Switzerland. SPAR’s crypto payment system is powered by OpenCryptoPay, a platform developed by DFX Swiss, which uses the Bitcoin Lightning Network to enable fast and low-cost transactions. To complete their purchase, shoppers simply scan a static QR code presented by the cashier on checkout. The move follows successful internal trials in two locations — first…

Major crypto and web3 firms including Coinbase, Fabric Ventures, Animoca Brands and Founders Factory have launched a web3 accelerator program to drive innovation in U.K.’s blockchain and AI ecosystem. According to the official press release, founders of participating web3 start-ups will receive funding worth up to £250,000 in cash ($333,470) and 16 weeks of operational support as part of the joint accelerator program. Applications are open for all types of businesses engaged in the decentralized economy and tokenised business models across all sectors. Leading global accelerator Founders Factory will provide hands-on support for founders interested in participating in the program.…

Coinbase called on California, New Jersey, Maryland, Washington, and Wisconsin to end their lawsuits over its staking services. Cryptocurrency exchange Coinbase is urging five U.S. states to abandon their lawsuits over the company’s staking services, warning that the legal actions are harming consumers and creating uncertainty. In a blog statement, the U.S.-based public crypto exchange said that while most regulators have backed off, actions in California, New Jersey, Maryland, Washington, and Wisconsin “continue to harm residents in those states.” According to the exchange’s estimates, residents in those states “have missed out on an estimated $90 million+ in staking rewards since…

Democratic Senator Jon Ossoff has called for President Donald Trump’s impeachment, raising concerns over a planned private dinner for top Trump memecoin holders. Speaking at a town hall near Atlanta on Friday, Ossoff said Trump’s decision to offer exclusive access to top investors in his personal cryptocurrency was a clear case of “selling access” to the presidency. “I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin […] There is no question that that rises to the level of an impeachable offense,” the senator said. Ossoff, who is running for re-election…

Digital asset investment products saw the highest inflows this year with $3.34 billion with Bitcoin investment products leading the charge, according to a new report by CoinShares. Last week, the digital asset market recorded its highest amount of inflows since mid-December 2024 and the third-largest weekly inflow of all-time. Digital asset investment products saw $3.4 billion in inflows coming in from all providers. BlackRock’s iShares ETFs contributed the largest share by product, with weekly inflows amounting to $1.5 billion. Other digital asset investment products that saw large inflows include ARK;s 21Shares with $621 million and Fidelity Wise Origin with $574…

With crypto liquidity improving and stablecoin inflows rising, Bitcoin could soon push past $100,000, Matrixport says. Bitcoin (BTC) could be preparing for a breakout above $100,000 as new capital flows into the crypto market, according to a Matrixport report conducted by market analyst Markus Thielen. In an X post on Monday, the analysts noted that crypto liquidity was improving and fresh capital was beginning to flow into the market, noting that after two months of sideways movement with a slight upward grind, early signs of a more aggressive fiat-to-crypto on-ramp are now more visible. “If this trend continues, Bitcoin should…