Trend Digest – Your Reliable Guide to Cryptocurrency News
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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…
Velar collaborates with Stacks, Ryder, and Arkadiko to fund the BTC Name Grant Program. The BTC Name Grant Program aims to unify the Stacks community and enhance its identity. Velar’s native token, VELAR, sees a significant increase in market volume and price. Velar, a decentralized exchange protocol for Bitcoin, has rolled out the BTC Name…
The Cuban government is spotlighted after its X account promoted a rugged CUBA token. This token birthed a series of other related tokens promoted on social media. Recently, the crypto industry has welcomed many memecoins from high-profile celebrities, fueling these token’s embrace. The Launch That Raised Eyebrows Rug Pulls: The Dark Side of Crypto This…
CME data shows a 99.5% probability of the Fed keeping rates steady, echoing past ETH rallies. The $4,000 psychological resistance aligns with an inverted head-and-shoulders neckline. A confirmed breakout could push Ethereum to $5,000–$7,000, marking a new all-time high. The crypto market anticipates a surge in volatility amid the upcoming Federal Open Market Committee (FOMC)…
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…
The working group chaired by David Sacks sets 180-day deadline for agencies to review and recommend updates to crypto regulations and policies. The move follows accusations of Operation Choke Point 2.0, where regulators allegedly pressured banks to restrict services to crypto firms. The executive order explicitly prohibits CBDC development while promoting dollar-backed stablecoins, signaling shift…
Metaplanet has attracted MicroStrategy’s institutional investors in the recent past to bolster its Bitcoin strategy. The rising demand for Bitcoin has helped reduce the overall supply on CEXes amid the ongoing macro bull rally. The palatable success story of (NASDAQ: MSTR) through the Bitcoin (BTC) strategy has significantly influenced Japan’s Metaplanet Inc. (Tokyo: 3350). Simon…
Uniswap V4 deployment is set to begin this week. The decentralized exchange will fully launch the V4 engine in the coming week. The new Uniswap V4 will focus on efficiency and scalability. Decentralized Exchange (DEX) Uniswap Labs has officially announced that the development of its version 4 (V4) engine will begin this week. This marks…
Crypto exchange Binance demonstrates the cost-saving benefits of crypto remittances compared to traditional financial systems. With users sending an average of $470 in international remittances in 2024, Binance offers a cost-effective and faster alternative to traditional fiat remittances. In 2024, over half a million female Binance users contributed to more than $4 billion in domestic…
Trump-associated platforms like GetTrumpWatches.com are allowing customers to pay with the TRUMP tokens and Bitcoin. In order to check out using the TRUMP meme coin, the customers have to choose the “Solana Pay” option. The meme coin is priced at $28.03 with a trading volume of $2.64 billion and a valuation of $5.6 billion. ,…