Author: Crypto Editor
Celeb meme cash are crashing laborious, with tokens like MOTHER, DADDY, TRUMP, MELANIA, and JAILSTOOL dropping over 78% from their all-time highs (ATHs) regardless of preliminary hype-driven rallies. MOTHER (Iggy Azalea) and DADDY (Andrew Tate) have suffered huge declines, with MOTHER down 96% and DADDY plummeting 88%—whereas Trump-affiliated meme cash have additionally misplaced over 75% of their worthin simply weeks. JAILSTOOL (Dave Portnoy’s token) noticed the quickest collapse, crashing 83.3% in simply sooner or later, proving that whereas celebrity-backed tokens could pump shortly, they have a tendency to dump simply as quick. The glitter of celebrity-backed meme cash? Yeah, it’s carrying off—quick. As soon as driving excessive on hype, these…
Robinhood has as soon as once more exceeded market expectations, reporting a pointy rise in income for the fourth quarter. The corporate introduced in $1.01 billion, surpassing analyst projections of $940.8 million, with a serious increase coming from an explosion in crypto buying and selling exercise. Income from digital belongings skyrocketed by 700%, hitting $358 million within the quarter. A Bloomberg report highlighted that Robinhood’s complete crypto buying and selling quantity surged to $70 billion, reflecting a large 400% enhance from the earlier quarter. This rebound got here after a sluggish begin to the 12 months, the place buying and…
The Japanese Bitcoin HODLer firm, Metaplanet, will probably be added to the Morgan Stanley Capital Worldwide (MSCI) index of Japan on the finish of February. Moreover, he revealed that he has accomplished a fundraising of 26 million {dollars} to buy extra BTC. The MSCI Index MSCI-Barra is a United States monetary providers supplier, initially established as Morgan Stanley Capital Worldwide in 1969. After buying Barra Inc. in 2004, it modified its identify to MSCI-Barra. The corporate calculates and publishes numerous inventory indices internationally, together with in Japan. Its MSCI Japan Index is designed to measure the efficiency of the big…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for traits, he has penned items for quite a few business participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the crypto universe is nothing wanting cinematic. His journey started not with a triumphant funding, however with a rip-off. Sure, a Ponzi scheme that used crypto as cost roped him in. Relatively than retreating, he emerged wiser and extra decided, channeling his expertise into over three…
Although the variety of transactions on its community has considerably decreased, XRP’s value has elevated by a noteworthy 5%. Questions regarding the community’s current exercise ranges and attainable future value actions are raised by the truth that executed transactions have decreased from 11.6 million to roughly 600,000. XRP has recovered from its current lows and is now buying and selling at about $2.145. The market could also be in a consolidation part because of the value improve and decline in community transactions. Lowered community exercise is normally indicated by decrease transaction counts, however on this occasion, it may also point out…
Actual Imaginative and prescient’s chief digital belongings analyst Jamie Coutts says {that a} backside could also be forming within the crypto market after declining for weeks. Coutts tells his 33,800 followers on the social media platform X that based mostly on a metric monitoring the efficiency of crypto belongings over one year the market is gearing up for a bullish reversal. “This month’s crypto flush resulted within the highest 365-day new low (NL) studying since mid-2024. Whereas not a definitive backside sign, it suggests a backside is forming. Concentrate on belongings that outperformed over the previous 12 months and through…
The Ethereum Basis has allotted 50,000 ETH to a number of DeFi platforms amid its shift in treasury administration strategy.On Feb. 13, the Basis introduced through X that it had deposited 30,800 ETH, price about $82 million, into Aave, a number one DeFi lending protocol. This included 20,800 ETH (equal to $56 million) positioned in Aave’s core market and 10,000 ETH (round $27 million) allotted to Aave Prime.Moreover, it moved 10,000 ETH (round $27 million) to Spark, a MakerDAO-linked lending platform, and 4,200 ETH (over $11 million) to Compound.Ethereum Basis ETH Holdings (Supply: SpotOnChain)This transfer comes as a response to…
Alvin Lang Feb 13, 2025 12:39 BNB Chain introduces an ongoing AI hackathon, encouraging innovation in AI and blockchain. Members can profit from prizes, mentorship, and publicity, selling AI adoption on the blockchain. BNB Chain has introduced the launch of its AI Hackathon, an revolutionary occasion designed to encourage the combination of synthetic intelligence applied sciences inside the blockchain ecosystem. This initiative is a part of BNB Chain’s broader imaginative and prescient to determine an AI-first blockchain ecosystem, as reported by the BNB Chain weblog. Ongoing Alternatives for Innovators The BNB AI Hackathon is structured to be open-ended, permitting contributors…
Meme cash have been the fastest-growing sector in 2024, with an over $100B or 1,500% cumulative market cap improve. In distinction, Bitcoin’s market cap didn’t even develop 200%. The second prime gainer was the RWA (Actual-World Asset) token sector with a roughly 900% improve. Whereas buying and selling exercise slowed down in January as a consequence of Trump’s commerce wars, analysts counsel meme cash like Pudgy Penguins ($PENGU) gear up for a rebound. One significantly noteworthy pattern within the meme coin market is a give attention to utility. Though some cash nonetheless thrive on hype alone (take $FARTCOIN or $TRUMP,…
Japanese agency Metaplanet Inc. has raised $25.9 million (¥4 billion) by the issuance of zero-interest, unsecured bonds, searching for to develop its Bitcoin (BTC) holdings.The Tokyo-based agency confirmed receiving funds from EVO FUND, the bondholder, which will likely be primarily used to extend its Bitcoin reserve to 21,000 BTC by 2026 in ‘Asia’s Largest Ever’ elevate.Metaplanet stated it’s adjusting its earlier monetary plans to make sure that the raised funds go instantly into growing its Bitcoin reserves, to hedge in opposition to financial uncertainties in Japan, together with excessive debt and yen depreciation.“The Firm has strategically shifted its monetary administration…