Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
The cryptocurrency market witnessed a brutal sell-off, erasing over $840 million in leveraged positions. HTX recorded the largest single liquidation order, closing a massive BTC-USDT position worth $98.46 million amid the market downturn. The coming months will be critical in determining whether Trump’s crypto-friendly stance translates into a regulatory environment that fuels innovation or further…
Trump’s first 200 executive orders did not include any clear actions related to Bitcoin or cryptocurrencies. David Bailey hinted at potential crypto-related content but admitted uncertainty about the specifics. The crypto community was disappointed as Trump prioritized energy, immigration, and security over digital assets. US President Donald Trump his first 200 executive orders shortly after…
Alchemy Pay has received over 10 operating licenses from different jurisdictions to help scale its payment operations seamlessly. ACH price has been forming a macro reversal pattern after being trapped in a bearish consolidation in the past years. The altcoin industry, led by Alchemy Pay (ACH), has signaled an inevitable bullish breakout in the near…
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…
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…
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…
The number of applications with the SEC has increased 100% since Gary Gensler’s resignation took effect. There are now several applications for a wide range of assets, including meme coins like TRUMP and DOGE. An analyst suggests that Bitcoin will still receive most of the attention even if all submitted applications are approved. The number…
Linea has conducted a Sybil analysis of its hosted wallets. With the help of Nansen, the protocol has flagged over 516,000 Sybil addresses. The protocol wants to get its airdrop campaign right, a feat only possible with non-Sybil addresses. Linea, a layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) rollup, has removed over half a million Sybil…
XRP whales have bought 100M tokens during the weekend dip. XRP ETF approval odds on Polymarket were at 75% at press time. Since November, XRP has held its 560% gains very well. Even the December sell-off didn’t push most holders to offload their tokens. In fact, according to crypto analyst Ali Martinez, the slight discount…
MetaMask co-founder’s hacked account reveals vulnerability in memecoin promotion, highlighting the need for enhanced security in crypto trading spaces. Institutional investors pour $2.2 billion into digital assets following the inauguration of America’s first pro-crypto president, marking a significant shift. Industry experts predict celebrity-backed memecoins will dominate crypto trends, though long-term success depends on community impact…