Trend Digest – Your Reliable Guide to Cryptocurrency News
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INX platform lists Solana as the blockchain hits major milestones and becomes a go-to choice for projects in DeFi, Web3, NFTs, etc. TRUMP, the third-largest meme coin after Dogecoin and Shiba Inu, saw over $38 billion in trading volume since its launch. MELANIA, launched by First Lady Melania Trump, also gained significant attention. The INX…
Arizona’s SB1025 allows up to 10% of public funds to be invested in Bitcoin, co-sponsored by Wendy Rogers and Jeff Weninger. Arizona is the first state to advance Bitcoin reserve legislation through a committee, leading crypto-friendly trends nationally. Crypto lobbying efforts, including $5.9M in Arizona elections, influence growing state-level Bitcoin reserve policies. On January 27,…
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…
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 ,…
Whales accumulated 1.83 billion DOGE in just two days, signaling increased interest. Dogecoin’s price remains steady at $0.37 but has gained 15% over the past week. Analysts suggest a bullish target of $15, citing DOGE’s multi-year ascending parallel channel. Dogecoin , the largest meme coin by market capitalization, has witnessed significant whale activity over the…
Hedera hopes that this partnership will make it easier to securely store, stake, and tokenize HBAR. Clear regulations in Europe, Asia, and other regions are supporting Hedera in its growth worldwide. The Hashgraph Association has taken a huge step forward towards achieving its broader aims and objectives, particularly for Hedera’s HBAR cryptocurrency . This follows…
Crypto.com has made deliberate moves to expand its trading services around the world through regulated means. The CRO token is heavily incentivized in the Crypto.com ecosystem including rewards to its card holders. Amid the ongoing short-term bearish crypto outlook, Cronos , a vibrant layer one (L1) chain backed by Crypto.com, has dropped more than 35%…
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…
Phantom experienced delays due to a significant spike in user activity, processing millions of requests. Despite the congestion, Phantom handled $1.25 billion in volume and 10 million transactions in one day. Jupiter also faced high traffic, issuing an apology and working to restore service. Phantom, a self-custodial crypto wallet that allows users to buy, store,…