After suffering a devastating 90% plunge a few days ago, Mantra (OM) is staging a partial rebound. CEO John Patrick Mullin has pledged to burn his entire team’s token allocation, worth hundreds of millions of dollars, as a bold move to win back community trust following a massive liquidation event that rattled the ecosystem. On
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On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens.These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have never been at risk. The ZKsync
On April 14, the Securities and Exchange Commission delayed its decision on staking for the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF. In February, the New York Stock Exchange filed a proposed rule change on behalf of Grayscale that would permit staking for the products. However, the regulator is not ready
For the third week in a row, digital asset investment products saw significant outflows, which amounted to $795 million, as the impact of the tariff issues continues to weigh on the sector. This has led to a record $7.2 billion in outflows since February, nearly wiping out all YTD inflows and leaving only $165 million.
Metaplanet has once again reinforced its commitment to Bitcoin, acquiring an additional 319 BTC worth approximately $26.3 million at an average price of $82,549 each. This latest buy brings the companys total Bitcoin holdings to 4,525 BTC, valued at about $386.3 million. The publicly traded company listed on the Tokyo Exchange has been steadily building
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin started a fresh decline from the $0.1700 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1650. Dogecoin price started a fresh
Arthur Cheong, founder of Defiance Capital, has raised concerns over alleged market manipulation within the crypto industry by projects and market makers. He accused them of artificially sustaining token prices while centralized exchanges (CEXs) turn a blind eye. In an April 14 post on X, Cheong claimed that the liquid crypto market is plagued by
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP price started a fresh increase above the $2.120 resistance. The price is now consolidating and must settle above $2.1680 for more gains. XRP price managed to stay
As crypto AI continues to generate buzz, a new report dives into how participants perceive their adoption journey. The findings hint at a sector still in its early phases, shaped largely by enthusiasts and trendsetters rather than the broader mainstream. According to a recent CoinGecko survey, 59.3% of respondents – nearly three in five –
President Donald Trump made history when he pardoned a corporation, the Mahe, Seychelles-based BitMEX. The crypto exchange has been operating since 2014. In addition to pardoning it of its money laundering conviction following a guilty plea in July 2024, the president added its three founders and a senior employee. Well deserved. BitMEX was the single
Bitcoin was down on Friday, Apr. 11 by more than 25% from its historic record high price of $109,000 at the time of Trump’s inauguration on Jan. 20th. But MN Fund founder and manager Michal van de Poppe recently compared the situation with BTC prices to the global financial dump and pump during the worst
Right up to a 24-hour price bounce following Trump’s feint on tariffs, crypto markets suffered with stocks through the week. But for the 7-day window ending Apr. 10, XRP was the least worst off for the wear, down by 2.05% for the week, with BTC down 2.16%, ETH down 13.34%, and BNB down 2.23%. Meanwhile,
Bitcoin’s gradual ascent continued in the past 24 hours as the asset tapped $86,000 for the first time since April 2. The altcoins have also posted notable gains once again, with XRP and SOL leading the pack from the larger caps. The rollercoaster of a week for BTC began with a nosedive from $84,000 to
Less than two months ago, the crypto exchange Bybit fell victim to one of the largest attacks in the crypto sector’s history, losing about $1.5 billion in ether (ETH) to cyber criminals. While the leading trading platform has recovered significantly from the effects of the attack, market experts have analyzed data that showed how it
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin’s
The synthetic USD (sUSD) stablecoin, issued by Synthetix, has plunged below its $1.00 peg, sinking as low as $0.83 before rebounding slightly. This drop marks the stablecoins second depeg in less than a year, reigniting concerns about the issuer’s stability mechanisms. sUSDs latest tumble has been attributed to excess supply flooding the market, with reports
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to a recent X post by crypto analyst Ali Martinez, Ethereum (ETH) is inching closer to a critical demand zone that has historically marked market bottoms. Notably,
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin and other crypto assets faced headwinds in the first quarter of 2025 as global economic tensions intensified. After a strong start to the year driven by optimism
Bitcoin inflows into Binance have surged over the past two weeks, which reflects heightened investor activity amid macroeconomic uncertainties. According to an analysis by CryptoQuant, the Bitcoin reserve on Binance increased by 22,106 BTC, rising from 568,768 BTC on March 28 to 590,874 BTC on April 9. CryptoQuant analyst speculated that the influx of Bitcoin
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP price started a fresh increase above the $1.950 resistance. The price is now consolidating and must settle above $2.00 for more gains. XRP price managed to stay
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