Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
Transactions on the Cardano network increase from 10.09K to 14.09K. Unique active wallets drop significantly from 3.84K to 2.82K in one week. TD Sequential indicator signals a potential rebound amid high price volatility. Cardano’s Fibonacci levels hint at $1.057 resistance or $0.711 support targets. As the total crypto market cap, excluding Bitcoin and Ethereum ,…
Chain denies involvement in XCN trading, emphasizing OnyxDAO’s management role while exploring legal action against Sun’s accusations. Despite controversy, XCN maintains momentum with 31.72% daily gain and $1.42B trading volume, signaling market confidence. Sun calls for SEC and DoJ investigation while TRX faces consolidation concerns despite his optimistic stance on network value. Tron Network founder…
Errol Musk plans to raise $150M–$200M through “Musk It” token to fund a for-profit think tank, Musk Institute. Musk It surged 1780% after Errol’s endorsement, but skepticism remains due to unclear roadmap and memecoin volatility. Elon Musk has no involvement in Musk It and previously called Errol a “terrible human being” in his biography. Errol…
OKX and Crypto.com secured full MiCA licenses, enabling seamless crypto services across 30 EEA markets for 400+ million users. OKX offers 240+ crypto tokens, 260 trading pairs, free euro deposits, and diverse trading tools like bot trading. MiCA’s harmonized framework empowers long-term crypto growth, with Europe emerging as a hub for blockchain innovation. OKX and…
Securitize manages $1.5B+ in tokenized assets, leveraging Wormhole’s $55B-supported tech to ensure seamless cross-chain fund transfers. BlackRock’s BUIDL, valued at $642.16M by January 2025, shows rising demand for institutional tokenized finance solutions. Wormhole-backed interoperability attracts giants like Google Cloud and KKR, fueling multi-chain adoption in traditional finance. Securitize, recognized globally for overseeing more than $1.5…
Trump’s social media post triggered a brief surge in the FAFO Barron token, which later lost 91% of its value. The FAFO Barron token’s market cap dropped to $10,000, raising concerns about potential rug-pull schemes on Pump.fun. Hackers used Visa’s Facebook account to promote a fraudulent Solana token, $VISA, which quickly collapsed after exposure. A…
Trump’s executive order establishes a crypto task force and digital asset reserve, potentially bringing trillion-dollar institutional investments. Growing corporate borrowing for Bitcoin purchases and new lending programs indicate strengthening market fundamentals and demand. Traditional crash expectations may be outdated as institutional adoption and regulatory clarity reshape market dynamics and stability. For years, Bitcoin has followed…
Cardano’s Plomin hard fork is set to go live on January 29. The Binance Exchange has confirmed plans to support the upgrade. This event will usher Cardano into a user-centric governance system for Cardano users. The Cardano ecosystem is about to undergo a major network upgrade and hard fork on January 29, 2025. This development…
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…
AVSs can now assign rewards to operators based on performance or specific rules for more precise compensation. Operators have the ability to set their own compensation rates, encouraging greater participation and customized partnerships. Rewards v2 is the first upgrade under the EigenLayer Improvement Proposal (ELIP) using the new EigenGov process. EigenLayer has officially its Rewards…