Trend Digest – Your Reliable Guide to Cryptocurrency News
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SUI’s price has dropped to $3.57, falling below the $4 mark for the first time in over a month. The token’s market cap currently stands at $10.72 billion, reflecting a 15% decline in the last day. The oversold indicators suggest that SUI may be undervalued and poised for a potential rebound. SUI , the Layer-1…
21Shares now has an active Solana staking ETP on the SIX Swiss Exchange. The product will enable access to SOL with staking rewards accruable. 21Shares is driving crypto ETP advancements with some related products under its management. 21Shares AG, a leading name in the crypto exchange-traded product (ETP) space, has unveiled a new product to…
Onyxcoin (XCN) has soared a monumental 300% in the past seven days, claiming a yearly high of $0.018 last week on Friday. XCN is predicted to print 10x gains this cycle, trading between $0.10 and $0.18 in the near future. Onyxcoin (XCN) is the native token of the Onyx Protocol, allowing holders to participate in…
Jump Trading has sued Liam Heeger, its Firedancer engineer. The market maker said Heeger violated his non-compete when he created Unto Labs. Liam Heeger has denied any violation as his project has no overlap with Jump. Jump Trading, a proprietary trading firm established in 1999, has sued Liam Heeger, the founder of Unto Labs. As…
Daily transactions on the Solana blockchain rose sharply, while its Total Value Locked (TVL) hit $12 billion, reflecting a 212% weekly increase. Rising spot Solana ETF filings, including the recent by REX Shares and Grayscale, have fueled SOL’s price rally. Analysts expect SOL to break resistance near $260 and enter price discovery. While the rest…
Bybit launched Bybit Pay in Brazil, integrating with Pix to enable instant crypto and fiat payments for over 60M users. Users enjoy multi-currency support for Bitcoin, Ethereum, USDC, and Brazilian reais, secured by blockchain encryption. A 100% cashback campaign runs until February 28, 2025, offering up to 100 USDT rewards. , the world’s second-largest crypto…
Technical analysis reveals a symmetrical triangle breakout pattern, with RSI indicating increasing buyer demand despite current bearish control. Historical patterns suggest potential for a six-month rally mirroring 2021’s performance, with key resistance levels at $0.49, $0.58, and $0.66. Despite being 54% below its all-time high, DOGE maintains strong market position with 310% yearly growth and…
The Tron developers are working on an update to ensure zero-fee stablecoins transactions in the near future. TRX price has been forming a bullish pennant flag amid the highly anticipated altseason. As Bitcoin price led the wider crypto market in a bearish outlook in the past two days, Tron , a top-tier layer one project…
Texas is making history by creating a state Bitcoin reserve, with Lieutenant Governor Dan Patrick prioritizing Senate Bill 21 for 2025. Other states like Pennsylvania, Ohio, Florida, and Wyoming are also exploring Bitcoin reserves, but Texas’ plan is the most ambitious. Bitcoin is seen as a hedge against inflation, and Texas aims to lead digital…
TMTG announced the launch of its FinTech brand Truth.Fi to expand into digital finance. The company plans to invest up to $250 million through Charles Schwab across various asset classes, including Bitcoin. Shares of TMTG surged more than 15% following the announcement. Trump Media and Technology Group (TMTG), the parent company of Truth Social, the…