The leading DEX on Solana, Raydium (RAY), took the biggest blow and slipped over 33.27%. The drop follows the report that Pump.fun, a Solana-based token issuance platform, is planning to launch its automated market maker (AMM). A replacement of Raydium for its AMM would result in a bearish sentiment for
February 24, 2025 2 mins read
The crypto market recovery remains stalled despite multiple attempts. Bitcoin is consolidating, while Ethereum shows signs of weakening momentum, hinting at a downturn ahead. Notably, Ripple’s XRP is striving to break out of bearish territory. Analysts forecast that clearing crucial hurdles could trigger an upside correction toward new highs. XRP’s
February 24, 2025 2 mins read
The crypto market had a rough start, shedding 2.16% in market cap to reach $3.19 trillion. Major assets have surrendered recent gains, testing previous support levels. Among altcoins, Chainlink (LINK) took a hit, dropping 5.35% in the past 24 hours. LINK opened the day trading at around $19, despite climbing
February 22, 2025 2 mins read
The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market. As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more than 3.30%, raising concerns about further volatility. The hacker drained roughly 401,000 ETH worth $1.4 billion from Bybit’s cold wallets.
February 22, 2025 2 mins read
Bybit, one of the leading cryptocurrency exchanges, had a calamitous hack last Friday, during which about 401,000 ETH worth $1.4 billion was stolen. This has become the largest recorded heist in history. Ben Zhou, Bybit co-founder and CEO confirmed that the breach happened due to an advanced attack that exploited
February 22, 2025 1 min read
The crypto market is flashing green, with assets navigating a mix of gains and pullbacks. Meme coins are riding the wave, pushing their market cap to $76.7 billion with a 3.4% surge. Notably, Dogecoin (DOGE), the leading meme coin, has inched up with a modest gain of over 0.47%. The
February 21, 2025 2 mins read
Following days of bearishness, the crypto market is giving indications of recovery. Altcoins are taking the lead with prices oscillating between breakouts and declines. Of these, Maker (MKR) has had a remarkable 17.59% gain. In the early hours, Maker visited its low of $1,184 before climbing up. MKR hit its
February 21, 2025 2 mins read
Canary Capital’s proposed Litecoin Exchange-Traded Fund (ETF) has been listed on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC. The listing does not guarantee regulatory approval but indicates that the necessary infrastructure for trading is being implemented. DTCC probably handles trillions of dollars worth of securities
February 21, 2025 2 mins read
Following a brief bullish correction, the crypto market has seen modest gains across assets. While Bitcoin and Ethereum remain stagnant, Berachain (BERA) has jumped 23.96% in the past 24 hours, making it a standout performer. Berachain has broken through its crucial $7.68 and $8.27 resistance levels from a low of
February 20, 2025 2 mins read
Ripple’s XRP is navigating a mixed trend as the crypto market experiences a mild recovery, with technical data hinting at potential turbulence ahead. The asset has posted a 6.23% gain. XRP has attempted to form new highs but caught in resistance and couldn’t cross over the $2.75 mark. In the
February 20, 2025 3 mins read