Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
Onyxcoin (XCN) has soared a monumental 300% in the past seven days, claiming a yearly high of $0.018 last week on Friday. XCN is predicted to print 10x gains this cycle, trading between $0.10 and $0.18 in the near future. Onyxcoin (XCN) is the native token of the Onyx Protocol, allowing holders to participate in…
Binance Labs has changed its identity to YZi Labs. The new entity will focus on non-blockchain native innovations spanning AI and biotech. Binance Founder Changpeng ‘CZ’ Zhao will play a top role in the new entity. Binance Labs, the venture capital arm of the cryptocurrency exchange , has changed its name to YZi Labs. According…
Price action suggests bearish momentum with potential support at $4.2 level, coinciding with key Fibonacci extension levels. The network boasts $289M in TVL and $1.4B stablecoin market cap, supported by Telegram’s billion-user ecosystem. Development roadmap focuses on scalability through Accelerator upgrade, L2 solutions, and enhanced programming language capabilities. As Bitcoin price signals to short-term crypto…
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…
Crypto.com is stepping up its US presence, launching institutional-grade services to cater to corporate investors and advanced traders. After years of sitting on the sidelines due to regulatory uncertainty, Crypto.com is now embracing the US market, leveraging the growing demand for digital assets among institutional players. Crypto.com, a Singapore-based cryptocurrency exchange, has officially strengthened its…
LayerZero CEO Bryan Pellegrino confirmed a settlement with FTX after two years of spending millions on legal fees. LayerZero has bought out FTX, FTX Ventures, and Alameda from all the agreements with the firm. LayerZero has a massive $107 million in direct cash deposits and is cash-rich, stated Pellegrino. Bryan Pellegrino, the chief executive of…
KBW report highlights unique strength for BTDR, CLSK, and CORZ in AI ventures, efficient mining operations, and hosting services. For the first time since September 2024, Bitcoin mining difficulty dropped by 2.12% to 108.11 trillion. This ensures network stability despite miner activity changes, aligning with broader market dynamics. Bitcoin mining stocks have once again been…
Institutional moves remain mixed, with BlackRock buying $20.69M ETH amid $136.25M ETF outflows. Falling wedge and double bottom reversal hint at potential upside to $3,693. Trump’s fund boosts ETH holdings to $257M, signaling long-term bullish sentiment. Ethereum eyes a breakout above $4,000, targeting $5,000 to $6,000 in 6-8 weeks. As liquidation in the crypto market…
Polymarket odds of the US strategic BTC reserve jumped above 50%. Options traders expected price swings between $96K-$112K in the next few hours. The D-day for ‘s presidential inauguration is here, and the market is full of expectations for potential pro-crypto policies, including the Bitcoin Strategic Reserve (SBR). Andre Dragosch, head of research at Bitwise…
The Ethereum network has faced significant competition from other L1 chains seeking to dominate the DeFi ecosystem. Ether price could drop below $3K again before kickstarting the next major altseason. Less than 48 hours to the close of the first month of 2025, it is more evident that short-term sellers are in control of Ethereum…