Author: James Wilson
On Feb. 7, Binance founder Changpeng Zhao posted a poll on X asking if BNB Chain should eliminate/aggressively reduce Maximal Extractable Value (MEV) issues. MEV issues reportedly cost BNB Chain users over $1 billion in the 2020s. Sure enough, over 80% of users voted for eliminating MEV issues. What is MEV? The term Maximal Extractable Value refers to the maximum amount of fees extracted by a validator of network transactions through reordering or rearranging the transactions waiting to be included in the block. The move allows validators to orchestrate the price changes on the market, adjusting the price movements by…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano shows market strength, predicting a surge to $1.50, while Rollblock attracts bullish investors. Cardano (ADA) has recently demonstrated notable market strength, leading analysts to predict a potential surge to $1.50. This optimism is fueled by bullish chart patterns and increased whale accumulation, indicating strong investor confidence in Cardano. As altcoins start to rebound, Rollblock (RBLK) is gaining attention as a promising new project. Its creative approach to online gaming has attracted analysts forecasting huge returns by 2025. Here’s…
AAVE declined for the second consecutive week, mirroring the performance of most altcoins as tariff risks remained a concern. AAVE (AAVE) token fell to a low of $196.4, its lowest level since November 25, and is currently 50% below its highest level this year. The token has a few catalysts that may push it to its all-time high of $666, up by 170% from the current level. First, there are signs of increased accumulation by investors. Coinglass data shows that AAVE’s balances on exchanges have crashed to the lowest level in years. These balances moved to 2.2 million on Friday,…
Ripple price remains in a deep bear market as the softness in the crypto industry continued this week. Ripple (XRP) has dropped by 30% from its January high, erasing most of the gains made earlier this year. This retreat aligns with the ongoing Bitcoin (BTC) and altcoin crash. XRP price may be at risk of further weakness amid a slowdown in its ecosystem. CoinGecko shows that most XRP meme coins have plunged by double digits in the past few days. XRP Army token has dropped by over 30% in the last 7 days. PHNIX token has fallen by 32%, while…
A new Arizona bill aims to protect residents from Bitcoin ATM scams following a series of incidents, including one where a woman lost $17,000 to fraudsters. House Bill 2387, introduced by state representative David Marshall, proposes strict regulations on cryptocurrency ATM operations. The legislation comes after Tamara, a Social Security recipient from Peoria, fell victim to scammers posing as PayPal representatives. According to an ABC News affiliate, she was persuaded to withdraw $7,000 from her checking account and $10,000 from her individual retirement account (IRA), which she subsequently transferred using a Bitcoin (BTC) ATM. The scammers used threats and pressure…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. January 3, 2025, marked the 16th birthday of Bitcoin (BTC), the world’s first-ever cryptocurrency. It has come a long way since—inspiring an entire industry of rival cryptocurrencies, exchanges, digital wallets, and trading apps, all of which contributed to a blockbuster year for the crypto sector in 2024. Interest from the retail and institutional sectors were major drivers of this growth, but the emergence of new forms of cryptocurrency, such as memecoins and “rug pull” scams, where developers…
Total venture capital investments in the crypto space exceeded $105 million this week. Infrastructure and AI solutions secured decent capital across different funding stages. TNFT marketplace Taproot Wizards secured $30 million while the rest of the funding industry this week… Source link
As Bitcoin fell to $96,000 on Saturday and the market cap of all coins dropped to $3.1 trillion, the crypto fear and greed index dropped to 35. Meanwhile, the closely-watched altcoin season index fell to 44. While most cryptocurrencies were in the red, a few stood out at last check: Gods Unchained Gods Unchained (GODS) price formed a God candle as it jumped to a high of $0.30. That’s up by 212% from its lowest level this year. This rebound happened ahead of the Gods Unchained Battle Pass Season 1 whose presale will start on Feb. 10. Gods Unchained is a…
The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.13 trillion from last week’s $3.5 trillion. According to CryptoSlam data, NFT markets have cooled this week as both prices and trading activity fell. The total sales volume reached $119.5 million — a 33% drop from the previous week’s activity. The market data shows an ongoing pullback in trading: NFT sales volume has fallen to $119.5 million from $137.9 million Wash trading on Ethereum (ETH)…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s dominance faces uncertainty as XRP struggles, while Rexas Finance gains momentum with real-world asset tokenization. Given its dedicated community and convincing application cases, Ripple has long been identified as a pillar of cryptocurrencies. Its cost-effective, scalable, and efficient blockchain technology is meant to change cross-border payments. Nonetheless, many investors wonder about XRP’s ability to provide life-changing profits by 2025, given ongoing legislative challenges and a flat pricing trend. Meanwhile, a fresh competitor has drawn interest, trading under $0.25…