Trend Digest – Your Reliable Guide to Cryptocurrency News
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A new memecoin centered around John McAfee is live. Dubbed AINTI, the late programmer’s wife confirmed the project’s viability. The token showcases intense volatility, dropping up to 70% from its All-Time High. Late British and American computer programmer John McAfee has ironically returned from the dead and is now posting about Artificial Intelligence (AI) on…
Ripple CTO has shed new light on what makes up crypto rug pulls. His redefined take seeks to help re-establish trust and accountability in the market. The community agrees with this new standard definition which extends beyond financial scams. David Schwartz, ’ Chief Technology Officer, recently sparked a conversation about the true meaning of rug…
Institutional demand remains strong, with Bitcoin ETF inflows supporting bullish sentiment. The discussion around a US Bitcoin reserve adds long-term bullish fundamentals. Bitcoin whale movements suggest major market repositioning, increasing volatility risks. A breakout rally could push BTC toward $112,375 and $116,085. With the Federal Market Open Committee (FOMC) deciding to keep US Federal Rates…
Tether Limited recently transferred its headquarters to El Salvador and has been strengthening its Bitcoin holdings. Bitcoin’s web3 ecosystem can now compete with its rivals led by Solana and Ethereum. Tether Limited Inc, the leading issuer of fiat-backed stablecoins based in El Salvador, announced the integration of its USDT , the largest US dollar-backed stablecoin,…
Gary Gensler, 33rd SEC Chair, stepped down on January 20 after controversial crypto industry enforcement measures. Gensler’s tenure saw 18% of SEC complaints involve crypto, targeting exchanges like Binance, Coinbase, and Kraken. Paul Atkins, to lead the agency, bringing optimism for clearer crypto regulations. Gary Gensler, the 33rd Chair of the US Securities and Exchange…
Key momentum metrics like upwards trending RSI signal growing buying pressure and potential bullish momentum for AI16Z. Additionally, the AI agent token’s positive funding rate of 0.011% reflects market optimism and strong demand. AI16Z could retest its all-time high of $2.50 if bullish momentum persists. Soon after the newly elected US President revealed $500 billion…
AAVE and UNI saw a $12.7M whale sell-off, sparking fears of a correction rally in DeFi tokens. Uniswap trades near critical $12.82 support, with 40% upside potential if a breakout occurs. Aave challenges the $371-$383 resistance zone, with potential for a bullish rally to $530. Despite the broader market recovery, certain DeFi tokens are revealing…
Whales and institutional investors have accumulated over 330,000 Ethereum (valued at $1 billion) in the past week. Ethereum price could break critical resistance levels, potentially reaching $7,000 in the near term. The Ethereum Foundation is transferring 50,000 ETH (worth $150 million) to a new wallet for active participation in the DeFi ecosystem. Ethereum price could…
Chainlink (LINK) surged 6.5% in 24 hours, trading at $24.66. The price rally follows the launch of Data Streams on Scroll platform. Analysts expect LINK to target $26 to $27 if the current bullish momentum holds. Chainlink is currently trading at $24.66, marking a 6.5% gain over the past 24 hours. This rally coincides with…
Elon Musk’s latest comment on X has reignited discussions about Ross Ulbricht’s fate. During his 2024 presidential campaign, Trump explicitly vowed to commute Ulbricht’s sentence on his first day in office. However, no official pardon materialized on Inauguration Day, leaving supporters in suspense. On Polymarket, 99% of participants believe Trump will pardon Ulbricht within his…