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Author: James Wilson
Berachain is down over 27% at last check Saturday, trading around $5.99 following its recent listing on Crypto.com. The token’s (BERA) steep decline comes despite gaining exposure on multiple major centralized exchanges, including MEXC, Upbit, and Bithumb. Berachain, promoted by its pseudonymous founder “Smokey,” officially launched on Feb. 6, after more than a year of anticipation, during which it secured over $100 million in funding. Originally stemming from the Bong Bears NFT (non-fungible token) collection, the project introduced a Proof of Liquidity consensus model, differentiating it from traditional proof-of-stake blockchains. The Bong Bears NFT collection launched on Aug. 26, 2021,…
Receipts Depositary Corp. (RDC), a startup founded by former Citigroup executives, plans to launch XRP-backed securities, according to CoinDesk. The move will allow institutions to access XRP through U.S.-regulated market infrastructure. RDC has not responded to crypto.news’ request for comment.… Source link
IOTA continued its downward trend this week, reaching its lowest level in over two weeks, even as developers made further progress on the Rebased upgrade. IOTA (IOTA) token dropped to a weekly low of $0.1743 on Monday as Bitcoin (BTC) and other altcoins slipped. It then stabilized at $0.2230 on Friday, up 30% from its lowest level this week. The coin retreated despite ongoing progress in the Rebased testnet. In a statement, developers reported that more validators had joined the testnet, including Stakefish, which has over $3 billion in staked assets, along with Realize, Allnodes, InfraSingularity, and Keyring. Other validators…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE drops 20% this week amid market swings, while Remittix’s presale surges past $11 million, continuing its record-breaking momentum. A growing number of traders are labeling the PEPE meltdown after the meme coin tumbled 20% in just one week, even as its trading volume briefly spiked on social media buzz. Remittix synergy has led to a record-breaking presale run, raising over $11 million and aiming to change how people send money worldwide. Those who are tired of tokens dependent…
More than 700 unauthorized cryptocurrency tokens have been sent to Donald Trump’s digital wallet in the three weeks following his official meme coin launch. According to a Financial Times analysis, the fleet of copycat coins has prompted warnings about potential investor deception. The surge started within 30 minutes of Trump’s initial token announcement, with creators exploiting Solana (SOL) blockchain features that allow unrequested deposits into other wallets. Hundreds of these tokens use names connected to Trump or his family members, including “OFFICIAL TRUMP” and “OFFICIAL MELANIA,” despite having no actual association with the president. The actual Trump meme coin, shown…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin sparks excitement with a 300% surge forecast, but Lightchain AI’s massive potential steals the spotlight. Dogecoin (DOGE) is once again generating excitement, with analysts predicting a 300% surge as the meme coin community regains momentum. However, while DOGE’s growth potential remains strong, a new blockchain project is capturing the attention of investors looking for higher returns — Lightchain AI. With its AI-powered blockchain solutions and growing adoption, Lightchain AI is primed for a 7,600% rally, significantly outpacing DOGE’s…
Alexey Pertsev, the Tornado Cash developer convicted of money laundering in 2024, has been released from prison under electronic monitoring as he continues his legal battle. The 31-year-old Russian national, sentenced to 64 months in a Dutch prison last May, announced his release in a February 6 post on X, stating, “Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison.” His release follows multiple denied bail requests and ongoing debates over the legal treatment of privacy-focused crypto developers. A Dutch court suspended his pretrial detention,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum is on an upward trend, while a new meme coin gains momentum and attention, sparking excitement in the crypto community. Ethereum’s value is on a promising upward trend, sparking investor excitement. Meanwhile, a new meme coin is grabbing significant attention and momentum in the crypto community. This emerging asset is quickly capturing the interest and curiosity of market enthusiasts, adding a new layer of excitement. The unfolding dynamics hint at intriguing market shifts, inviting further exploration into these…
Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump’s executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China. Although the tariffs on Mexico and Canada remain on pause, the move was enough to rattle investors and spark sell-offs across equities and digital assets alike. Adding to the turmoil, crypto markets have been flooded with over 700 fraudulent tokens capitalizing on Trump’s name, as reported by The Guardian. The wave of scams has further eroded investor confidence, leading to heightened volatility. Rumors of Kanye…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new crypto contender is making waves, sparking curiosity as it’s compared to past success stories in a bullish market. A fresh crypto contender is making waves, capturing the interest of enthusiasts itching for the next big thing. In the midst of a bullish market, this newcomer has piqued curiosity. Many are likening its potential to past sensations that turned everyday investors into sudden success stories. Will it rise to legendary status and transform fortunes? The answer remains tantalizingly…