Trend Digest – Your Reliable Guide to Cryptocurrency News
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Total stablecoin holdings on Solana jumped from $6.1 billion on January 17 to $9.8 billion, marking a significant milestone. Solana’s total value locked (TVL) surpassed $10 billion, its highest since the FTX collapse. Solana set consecutive daily records for decentralized exchange (DEX) volumes, reaching $28.2 billion on Saturday and $39.2 billion on Sunday. Crypto analyst…
Uniswap V4 deployment is set to begin this week. The decentralized exchange will fully launch the V4 engine in the coming week. The new Uniswap V4 will focus on efficiency and scalability. Decentralized Exchange (DEX) Uniswap Labs has officially announced that the development of its version 4 (V4) engine will begin this week. This marks…
Daily active addresses on the Bitcoin network are increasing, indicating a potential bullish trend. Bitcoin whales have accumulated over 22,000 BTC in the past three days, worth $2.24 billion. Long-term holders’ Bitcoin supply is at peak, reflecting strong confidence in the crypto’s future value. The Bitcoin network has shown robust activity, as both whale transactions…
President-elect Donald Trump is scheduled to assume his official role as POTUS later today. A substantial $911.23 million in BTC longs and $330.22 million in BTC shorts were liquidated in the past 24 hours. Bitcoin , the world’s largest digital asset, reclaimed the $2 trillion valuation over the weekend and now has printed a new…
The settlement includes substantial financial penalties with executives agreeing to individual forfeitures, highlighting increased scrutiny of offshore exchanges. The pattern of regulatory challenges spans multiple jurisdictions, including previous restrictions in New York, Canada, and temporary limitations in India. The timing coincides with broader crypto enforcement actions, though potential policy shifts loom under the new Trump…
Elon Musk leads reform-focused Department of Government Efficiency with Dogecoin-themed branding. DOGE price is up 11%. The Department of Government Efficiency may have left a subtle message on its website after swore his oath of office on Monday. The logo of the popular cryptocurrency Dogecoin suddenly appeared on the official of the newly established department,…
Strategic timing of ETF filings coincides with pro-crypto administration change and nomination of Paul Atkins as new SEC Chair, signaling potential approval. The market responds positively with BONK surging 15%, DOGE up 6%, and overall memecoin market cap reaching $121B amid increased trading volume. Proposed funds structure includes minimum 80% investment in designated crypto assets…
Shiba Inu lead developer Shytoshi Kusama stepped down from his role and is now the new lead ambassador. Analyst stated that $0.0000185 to $0.0000212 was a very crucial support for SHIB and now, the meme coin has lost it. Shiba Inu , the second-largest meme coin in the digital asset space, witnessed a significant crash…
The patented technology enables seamless private key transfers through untrusted intermediaries while maintaining top-tier security protocols. Users can now create backup authentication devices instead of managing private keys directly, revolutionizing crypto asset self-custody. Despite past controversies in key backup solutions, Tangem’s patent marks a significant step toward broader cryptocurrency adoption. The United States Patent and…
Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel, forming lower highs and lower lows. The prominent analyst predicted a decline of 11% to $69 for the COMP token. COMP is trading at $77.89, surging a substantial 3.6% in the last 24 hours, claiming a market cap of $694.57 million. COMP ,…