Author: James Wilson
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…
DEEP price continues its explosive rally, breaking through key technical levels with surging momentum as bulls set their sights on the $0.30 mark. DeepBook Protocol (DEEP) price is up over 35% in the past 24 hours, currently trading around $0.23 with volume surging almost 400%. Today’s surge extends the explosive rally that began on April 22, when DEEP price broke out of the consolidation range between $0.05 and $0.10, where it had been trading for about a month. The catalyst behind the breakout was Binance’s launch of a USD-margined perpetual contract for DEEP tokens with up to 50x leverage. This…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralization is often idealized in crypto, but its real impact depends on how well it scales and solves real-world problems. It’s about empowering people, not just creating something that sounds good on paper. In decentralized physical infrastructure networks, decentralization encourages global participation and rewards real contributions. But the question remains, who takes responsibility when something breaks, when no single entity is in charge? While decentralization promises financial freedom, today’s cryptocurrency markets remain anything but stable or decentralized.…
After a significant price increase, a $265 million SUI token unlock is scheduled to take place this week, which could lead to selling pressure. On May 1, approximately 74 million Sui (SUI) tokens, or 2.28% of the circulating supply, will be unlocked, according to data from Tokenomist. The pending release adds fresh selling pressure at a moment when demand has been heating up. So far, only 33% of the total SUI supply is unlocked. Meanwhile, Sui’s on-chain fundamentals have been strengthening. Total value locked on Sui-based protocols climbed 40% since the beginning of April, now sitting at $1.73 billion, as…
XRP has jumped above $2.30 as excitement grows ahead of the XRPFi launch, a new decentralized finance platform set to expand the token’s utility. XRPFi, built by Flare Networks, will go live on Apr. 29. It will introduce smart contract functionality to XRP (XRP), finally enabling holders to stake, lend, borrow, and trade within the Flare ecosystem. For years, XRP users were mostly limited to holding or trading their tokens, as XRP’s native ledger doesn’t support smart contracts. This kept XRP mostly out of the booming DeFi space. Flare’s solution uses a wrapped version called FXRP, which lets XRP connect…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As top tokens like DOT and AVAX gain attention this April, a new contender, XYZVerse, is quickly stealing the spotlight. April 2025 sees the market abuzz as experts examine key tokens like XYZ, DOT, AVAX, and LINK. Yet, one platform is emerging as a standout, XYZVerse. What is making XYZVerse outshine its peers? This article explores the reasons behind XYZVerse’s rise and why it is capturing the market’s attention. Undervalued XYZ memecoin gears up for listing on a major…