BlockDAG stands out with its PoW strategy! 🚀 While the market values of Kaspa and Aptos decline, BlockDAG emerges with 10,000 miner submissions and a $212.5 million presale. It reshapes PoW with real hardware and measurable ROI. Instead of speculation in the crypto world, BlockDAG is taking concrete steps, demonstrating a strong stance for long-term success.
As the crypto markets shake, XYZ memecoin and Solana are drawing attention. XYZ is preparing for a major exchange launch, offering attractive opportunities for investors. Meanwhile, Solana has been experiencing a volatile trajectory with a 16.32% loss in value over the past weeks. Technical indicators are giving mixed signals. While uncertainties in the market persist, these two crypto assets may hold potential for investors. 🚀
OKX is collaborating with Standard Chartered to provide institutional clients with the opportunity to regularly use crypto collateral. This new program allows collateral to be held at Standard Chartered instead of OKX. Thus, OKX 'reflects' the collateral to accounts but does not hold the funds. The pilot program launched in compliance with Dubai's VARA regulations promises secure custody. 📉
Binance and MetaMask simplify crypto transfers with SPACE ID's new Payment ID solution! 🎉 This innovation makes asset transfers between centralized and decentralized exchanges a breeze. Users can avoid losses from transfers made to the wrong chain with human-readable IDs created using their Gmail or Yahoo accounts. However, will these innovations generate enough excitement in the market? We will wait and see!
Block, Inc., a financial services company led by Jack Dorsey, reached a $40 million settlement with NYDFS. 🚨 Shortcomings on the Cash App platform created serious gaps in anti-money laundering and virtual currency compliance. This situation particularly opened the door to criminal activities with anonymous Bitcoin transactions. Block will hire an independent observer to improve its compliance systems. Let's see how these steps will resonate in the market?
Ethereum and other altcoins are declining amid concerns of an impending recession in the US. ETH has dropped from a daily high of $1,700 to $1,560. Bitcoin also fell from $82,000 to $80,000. Moody's economist Mark Zandi stated that there is a 60% chance of a recession. Trade wars and high tariffs are shaking the markets. ETH is in a downtrend in technical analysis and may decline towards the $1,000 level. 📉
While panic prevails in the crypto market, Lightchain AI is quietly rising! 🌪️ The project instills confidence in investors by raising $18.9 million. With its decentralized governance and privacy-focused structure, Lightchain AI continues to grow even while other altcoins are in decline. This innovative approach may be a new beacon of hope for investors in their quest for long-term value.
Hex Trust is expanding Bitcoin's DeFi ecosystem! 🚀 Now offering Stacks (STX) and sBTC, Hex Trust provides Bitcoin-based yields to institutional investors in Asia and the UAE. It is possible to earn staking yields in Bitcoin with sBTC. However, can this expansion dispel the negative sentiment in the market? Security and regulatory concerns for institutions remain a significant question mark.
This week, there was movement in the crypto market! 🎢
- Bitcoin rose by 5% to over $81,000, while Solana reached $115. - Altcoins like FARTCOIN, FLR, TAO, and HBAR increased by over 15%. - Trump's halt on certain tariffs and the decrease in US inflation revitalized the market. - The new SEC chairman Paul Atkins brings hope with crypto-friendly policies.
It seems the stars of DOGE and SHIB are fading in the world of Memecoins. 🤔 However, a new competitor is stepping onto the stage: Codename:Pepe! This AI-powered project stands out by combining humor and opportunities. While DOGE and SHIB are declining, Codename:Pepe's AI-based strategies are attracting the attention of investors. It could be a promising option for those looking to catch the new wave in the crypto world.
Bitget Wallet has introduced a new feature to help investors assess the risks of tokens. This tool can be used on six major blockchains: Ethereum, Solana, BNB Chain, Base, Polygon, and Arbitrum. 🛡️
The feature provides data such as the approval status, distribution, and burn rates of tokens, helping users make informed decisions. However, the concentration of tokens in a small number of wallets may increase the risk of price manipulation.
Attention Bitcoin investors! 22K BTC has been transferred to Binance in the last 12 days. What are investors planning before the CPI report? 📉
- BTC reserves reached 590,874. - The CPI report is expected to show a 2.6% annual increase. - Investors may be taking precautions against price fluctuations. - Is it a "Sell the news" scenario? - Net outflow on Binance: -888.9 BTC.
The four-year cycle of Bitcoin is being questioned! 🧐 The Bitcoin Archive account asked if the cycle has ended, and 52% said "yes". As institutional investors and governments show more interest in Bitcoin, the validity of the cycle has become controversial. The BTC price is volatile, which is causing investors to ponder. 2026 may show whether the cycle is still valid.
The Flare (FLR) network reached $0.0167 with a 51.8% increase before the expected Flare 2.0 update. Daily trading volume rose by 622% to $52.5 million. With investor interest, FLR became a trend on Google. However, overall market risk appetite is low. Technical analysis shows positive signals in the short term, but caution is advised. 📉 The update date has not yet been announced.
RedStone has achieved a 14% price increase by transferring Ethena Labs' USDe and sUSDe stablecoins to the BNB Chain. 🚀
- The BNB Chain is enhancing access to Ethena's stablecoins with its fast and low-cost transactions. - The RED price has risen to $0.44, but the overall trend has been downward since March. - The $0.40 support level was broken, the price fell to $0.32, and is now recovering.
Binance offers its users the opportunity to vote on the delisting of 17 tokens. 🗳️ Tokens like FTT, JASMY, and VOXEL may be removed from the list. The voting will take place from April 10 to April 16 at Binance Square. However, the result will not solely determine the delisting decision. Project activity, liquidity, and regulatory risks will also be taken into account. Uncertainties continue in the crypto world, be cautious!
Synthetix stablecoin sUSD has recently fallen below the $1 mark, declining by 6% and is currently trading at $0.8597. 📉
The 24-hour trading volume has increased by 487%, surpassing $2.1 million. This reflects growing concerns in the market. With the new "420 Pool", SNX holders can mint sUSD with less collateral, which increases supply and puts downward pressure on the price.
The Synthetix team plans to incentivize liquidity pools and increase the use of sUSD.
The MELANIA team sold $4.2 million worth of tokens in the last 25 days. On-chain analysts predict that the team will sell more community tokens. 💸
- 6.72 million tokens were exchanged for 34,168 SOL. - Tokens worth $30 million from community funds were transferred to other wallets. - The team holds 92% of the total supply and remains silent.
21Shares has applied for a spot ETF for Dogecoin! 🐶
- 21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) linked to Dogecoin. - The ETF will track the price of Dogecoin and will be custodied by Coinbase Custody. - Designed as a passive investment vehicle, the fund will hold actual Dogecoin. - The SEC continues to evaluate Dogecoin ETF applications.