Trend Digest, Author at Trend Digest – Your Reliable Guide to Cryptocurrency News

Cynthia Lummis Officially Named Chair of Senate Banking Subcommittee on Digital Assets

Trend Digest5 months ago4 weeks ago05 mins

New Senate Banking Subcommittee aims to strengthen USD through strategic Bitcoin adoption while developing comprehensive digital asset regulations. Bipartisan legislation under Lummis’s leadership targets consumer protection and responsible innovation in the cryptocurrency sector. Market responds with Bitcoin briefly touching $106,732, highlighting institutional investors’ growing interest in regulatory clarity. The journey to implement a strategic Bitcoin…

Circle’s USDC Goes Live on Aptos to End Stablecoin Bridging

Trend Digest5 months ago4 weeks ago05 mins

Aptos demonstrates significant ecosystem growth, with over 200 active applications and a tenfold increase in DeFi activity during the past year. The transition from bridged lzUSDC to native USDC will be gradually implemented through collaboration with LayerZero-based bridge providers. USDC’s expansion continues with 78% year-over-year circulation growth in 2024, positioning it as the fastest-growing major…

Crypto Market Guide 2025: 4 Key Trends to Watch in Q1

Trend Digest5 months ago4 weeks ago06 mins

Bitcoin’s bull run is likely to continue, considering historical cycles and institutional demand. Altcoins and Layer-2 solutions play a big role in this trend by making crypto more scalable and accessible. 2024 was an eventful year for crypto enthusiasts and investors as the crypto market came back to life. Unlike the previous year, which was…

Crypto Hackers Stole Nearly $80 Million in January 2025—Here’s What Happened

Trend Digest5 months ago4 weeks ago06 mins

Phemex exchange suffers major security breach with $69.1M stolen, representing the bulk of January’s crypto losses amid hot wallet vulnerability. BNB Chain emerges as the most targeted network with 50% of all recorded attacks, followed by Ethereum accounting for 25% of incidents. Despite monthly surge, year-over-year crypto theft shows 44.6% decrease from January 2024, indicating…

Whale Buys 2.7M Lido DAO (LDO) Tokens: $2 Soon?

Trend Digest5 months ago4 weeks ago05 mins

A whale scooped up a massive 2.7 million Lido DAO (LDO) tokens as the cryptocurrency fell 3.3% in the past 24 hours. The whale is already at a loss on its investment as the average purchase price was $1.82 and LDO currently trades at $1.76. US President Donald Trump’s World Liberty Financial staked its 4747…

WIF Sudden Price Surge: dogwifhat Prints 20% Gain in 4 Hours

Trend Digest5 months ago4 weeks ago05 mins

dogwifhat (WIF) turned bullish, while facing resistance at $1.37. A major whale, Ansem, bought $1.2 million worth of WIF tokens after a three-month hiatus. dogwifhat confirmed in a post on X that it will promote the meme coin on the Vegas Sphere. dogwifhat , a leading meme coin on the Solana (SOL) blockchain, turned bullish…

Czech National Bank Considers Historic $7.3B Bitcoin Reserves Investment

Trend Digest5 months ago4 weeks ago06 mins

The Czech National Bank is reviewing the possibility of investing in Bitcoin as part of its reserve strategy. Governor Aleš Michl proposed allocating up to 5% of the bank’s $146 billion reserves to Bitcoin. This move could position the CNB as the first central bank globally to hold Bitcoin. The Czech National Bank (CNB), the…

Notcoin (NOT) and Dogs (DOGS) Drop below Crucial Support Levels amid TRUMP and MELANIA Meme Coins Hype

Trend Digest5 months ago4 weeks ago05 mins

The rise of Solana-based meme coins will trigger the next bullish leg for the entire altcoin industry. The Trump administration has convinced both retail and institutional investors that the crypto industry will be a major player in the coming years. The Solana (SOL) network, a top-tier blockchain focused on democratizing smart contracts, has registered palpable…

MicroStrategy Buys Bitcoin Dips with Fresh $1.1 Billion Investment

Trend Digest5 months ago4 weeks ago05 mins

MicroStrategy’s total investment in Bitcoin now stands at $30.4 billion, with a current average purchase price of $64,511 per Bitcoin. The MSTR tock price dropped 5.5% in pre-market trading amid Wall Street’s selloff and fears of disruption from China’s AI startup DeepSeek. As Bitcoin fell below $100K, market observers debate whether to “buy the dip”…

ALGO Reclaims $0.4 after Algorand Announces Staking Rewards Program

Trend Digest5 months ago4 weeks ago05 mins

Staking rewards program is now live on Algorand (ALGO) and validators are receiving rewards in real time. The total value locked (TVL) for Algorand has shot up by 3.8% to $156.79 million in the past 24 hours. ALGO reclaimed the $0.4 price level in the past 24 hours and is now eyeing $0.5, aiming to…