Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
Morgan Stanley is keen to work with the US Treasury among other agencies to ensure a responsible adoption of digital assets. The cryptocurrency market will continue to grow exponentially over the years fueled by institutional investors and clear regulatory frameworks. Morgan Stanley (NYSE: MS), a top-tier traditional banking institution with over $1.4 trillion in assets…
Merflodex: Simplifying Crypto Swaps for a Borderless Economy The demand for seamless and secure cryptocurrency exchanges continues to rise, and Merflodex is leading the way by providing an efficient crypto-to-crypto swapping platform. With no fiat involvement, this exchange allows users to trade digital assets freely, ensuring speed, privacy, and security. Operating in 53 countries for…
Indian scammers are exploiting stablecoins like USDT to move illicit funds internationally. Police in Rajasthan arrested suspects involved in laundering over INR 1 crore via USDT stablecoin. Authorities previously busted a similar scam, arresting 15 people linked to USDT laundering . Cybercriminals in India are increasingly exploiting blockchain technology to move illicit funds across borders, with…
Arcblock (ABT) has skyrocketed a massive 45% in the past 24 hours but failed to break above $2 resistance. Arcblock is a AI protocol made in the USA and aims to provide easy deployment of dApps. ABT is an ERC-20 token that incentivizes the transactions on the blockchain network and has a market cap of…
A Chinese court has drawn a firm line on crypto derivatives trading, branding it as illegal gambling in a ruling that could reshape the nation’s digital asset landscape. The court found employees and agents of BKEX crypto exchange guilty of facilitating illicit financial activities through perpetual contracts. Despite nailing its employees, BKEX founder is still…
Chainlink price chart highlights a bullish reversal, with a potential 32% upside to $32 if $27 resistance is broken. Derivatives data shows a 0.20% rise in open interest, with bullish recovery despite a 0.9516 long-to-short ratio. On-chain analysis reveals 80% of holders in profit, with $27 and $29 levels presenting significant resistance. As ‘s World…
Prominent Bitcoin supporters accused Ripple of lobbying against the creation of a strategic Bitcoin reserve. They also alleged that the company is investing millions to ensure XRP’s inclusion in any government-backed digital asset stockpile. Pro-XRP lawyer Bill Morgan disputed claims about Ripple’s control of XRP. Just as signed the executive order for creating a digital…
On-chain data shows 240,000 TON tokens transferred to exchanges. Toncoin forms a double-bottom and falling wedge, signaling a potential breakout. A breakout rally could propel Toncoin price to $6.73. A drop below $4.77 could test $4.60 or the $4.00 psychological support. As Bitcoin maintains its stand above 102,000 level, the altcoins are on a slippery…
Dogecoin faces a potential breakdown below the $0.30 psychological support amid a 10% daily decline. Momentum indicators show bearish pressure, though RSI divergence hints at a potential reversal rally. Whale activity surges, with 588 transactions over $1 million in 24 hours, boosting network activity. Historical data suggests an 84% average January return, but broader market…
Company demonstrates strategic growth with 127% Bitcoin yield since implementation, using BTC Yield as performance indicator for shareholder transparency. Corporate Bitcoin adoption trend strengthens as MicroStrategy adds 11,000 BTC and new players like Rumble enter the crypto market. Strategic partnership with Coinbase for custody services highlights focus on institutional-grade security for Bitcoin treasury management. KULR…