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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…
Crypto whales dominate 94% of the TRUMP and MELANIA token supply. Retail investors make up 80% of the tokens’ holders, with most having assets below $1,000 on the Solana blockchain. Both tokens have seen sharp price declines, with TRUMP dropping 52% from its peak and MELANIA plummeting 80%. The recently launched TRUMP and MELANIA meme…
Nation’s dual approach balances traditional financing through IMF’s Extended Fund Facility while maintaining aggressive Bitcoin acquisition strategy. Strategic timing of Bitcoin purchase demonstrates El Salvador’s independence in monetary policy despite international financial pressures. Argentina shows potential for following El Salvador’s lead, with major corporations already holding significant Bitcoin reserves collectively. El Salvador has once again…
Algorand (ALGO) is trading at $0.384, with a 2.3% gain in the last 24 hours. Analyst Ali Martinez noted a symmetrical triangle chart pattern, signaling a potential 57% price swing. Crypto expert Merlijn speculated ALGO could see explosive growth due to Trump’s push for “Made in USA” digital assets. Algorand is currently trading at $0.384,…
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…
Analysts highlight XRP’s four-hour triangle pattern, suggesting a swift bullish breakout near $5.85 in upcoming hours. Elliott Wave projections point toward resistance at $4.55 and potentially soaring up to an $18.23 target. Recent $103.65 million outflow signals caution, yet rumors of Elon Musk’s deleted post spark intense optimism. Despite declining 11% in the last 24…
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…
Lubin emphasized that Ethereum ETF fund issuers are working on robust solutions to address staking-related challenges. Spot Ethereum ETFs have seen growing inflows, particularly after Donald Trump’s election victory. Crypto mom Hester Pierce will lead the crypto task force and clear way for Ether ETF staking. ConsenSys founder Joe Lubin said that the issuers of…
Hong Kong is driving its stablecoin regulatory push with lawmakers’ deliberating. Stablecoin issuers will have to secure licenses to operate in the region. Issuers must also adhere to AML, KYC, and CTF rules. The Hong Kong Legislative Council Committee held its first with key government officials regarding stablecoins on Tuesday. The regulators discussed the proposed…
Solana’s DEX trading hit an all-time high of nearly $40 billion on Sunday. Solana leaders praised the chain’s resilience despite network challenges over the weekend. Solana hit a historic on-chain milestone during the weekend memecoin craze linked to President-elect ‘s family. On Saturday, its DEX (decentralized exchanges) trading volume hit $28.2 billion. Blockwork’s research analyst…