Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
XRP whales have bought 100M tokens during the weekend dip. XRP ETF approval odds on Polymarket were at 75% at press time. Since November, XRP has held its 560% gains very well. Even the December sell-off didn’t push most holders to offload their tokens. In fact, according to crypto analyst Ali Martinez, the slight discount…
Web3.0 protocol has announced its plans to launch an IDO for its native token MNT. The IDO will kick off on January 21 and is priced at $0.1 per token. With the proceed, Mynth aims to establish a liquidity pool for MNT on DEXs. Mynth, a decentralized cross-chain protocol, is set to transform the (DeFi)…
Neymar’s brief stint at Al Hilal ends after just seven appearances, with Santos FC suggesting an imminent homecoming for their former star. The fan token’s trading volume skyrocketed 239.88% to $44.94 million, though still down 88.5% from its all-time high of $28.60. Technical indicators show bullish momentum with a positive MACD crossover and RSI at…
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…
SEC decision on Grayscale’s Solana ETF is due today. Regulatory issues and leadership changes could delay Solana ETF approval. Today is the first deadline for the US Securities and Exchange Commission () to give its position on Grayscale’s request to convert its Solana Trust (GSOL) into a spot Solana Exchange-Traded Fund (ETF). On December 4,…
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…
Solana consolidates near $250 with a potential breakout targeting $285-$315. Solana’s USDC supply surged by $250M, pushing liquidity to $10.2B. $243 acts as critical support, while $262.12 and $285 are immediate resistances. Neutral RSI with potential reversal supports a positive price trend. . Despite the short-term surge in selling pressure in the crypto market, Solana…
Cybercriminals continue their assault on the crypto industry, with Phemex now in the crosshairs. The attack involved multiple blockchain networks, highlighting vulnerabilities across the entire ecosystem. Crypto hacks have surged 21% from last year, according to blockchain analysis firm Chainalysis with North Korean hacking groups responsible for $1.3 billion of the stolen funds. Cybercriminals have…