Trend Digest – Your Reliable Guide to Cryptocurrency News
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Web3.0 protocol has announced its plans to launch an IDO for its native token MNT. The IDO will kick off on January 21 and is priced at $0.1 per token. With the proceed, Mynth aims to establish a liquidity pool for MNT on DEXs. Mynth, a decentralized cross-chain protocol, is set to transform the (DeFi)…
Hyperliquid has seen its trading volume hit $22 billion in a single day. The massive embrace of TRUMP and MELANIA tokens fueled the huge milestone. Hyperliquid is now ranked the 5th largest decentralized perpetual exchange. HyperLiquid Sees New Highs in Volume and Revenue Why Traders Are Choosing Hyperliquid
BoJ raised interest rates to 0.5% after 17 years, driven by 3.6% CPI, exceeding 3.4% expectations. Bitcoin and major altcoins gained 3-6%, with Bitcoin at $105,108 and Ethereum at $3,394. Altseason Index above 53, investors expect 500% surge in altcoins, with potential $6.48 trillion market cap. For the first time in 17 years, the Bank…
TON’s annualized realized volatility for 7 and 30 days has hit record lows. The token is in a period of stagnation, trading steadily at $5.17. Historically, low volatility often leads to sudden and major price movements. Toncoin has recently experienced a strikingly low volatility. According to “joaowedson”, the annualized realized volatility for the cryptocurrency over…
Gate Ventures, an offshoot of Gate.io is betting big on the future of Web3. The VC outfit has invested $20 million into the BNB incubation Alliance. This funding will help onboard innovative builders in Web3. A Collaborative Vision for Blockchain Innovation Gate Ventures: A Catalyst for Web3 Growth
Cathie Wood has dismissed Trump’s newly launched memecoin for its lack of utility, noting that it will not be part of ARK Invest’s crypto portfolio. She disclosed that the company would rather invest in Bitcoin, Ethereum and Solana, refering to them as the big three. The ARK Invest’s boss has been singing Bitcoin’s praises, predicting…
Trump-associated platforms like GetTrumpWatches.com are allowing customers to pay with the TRUMP tokens and Bitcoin. In order to check out using the TRUMP meme coin, the customers have to choose the “Solana Pay” option. The meme coin is priced at $28.03 with a trading volume of $2.64 billion and a valuation of $5.6 billion. ,…
Shiba Inu holds a $12.5 billion market cap as the second-largest meme coin, with the Trump token close at $10.68 billion. A 4-year-old whale sold 216 billion Shiba Inu tokens, locking in a $15 million profit. Shiba Inu’s open interest rose by 2.60% in 24 hours, totaling $447.77 million. Funding rates remain positive at 0.0093%,…
Large token holdings between $0.000011 and $0.000013 provide strong buying support. Team wallet movements suggest potential selling pressure, which could weigh on PEPE’s short-term trend. A break above $0.00001448 could push PEPE toward $0.000018. Failure to maintain momentum could result in a 40% drop to $0.000007913. As Bitcoin hangs near the $105,000 mark, the meme…
Contrasting approaches emerge as US states push for Bitcoin reserves while ECB increases gold holdings to 35% of total foreign reserves. Bitcoin’s consolidation between $106k-$91.7k coincides with gold’s new ATH of $2,798, fueling store-of-value debate among institutions. The ECB maintains a conservative stance on crypto, despite El Salvador’s successful Bitcoin adoption model and growing international…