Bitcoin unexpectedly plunged to $91,200, sending the crypto market into a sea of red. As the race to establish Bitcoin reserve funds gains momentum across U.S. states—spurred by Donald Trump’s vision of a national “Strategic Bitcoin Reserve”—Montana has hit an unexpected roadblock. The state’s ambitious Bill 429, which sought to create a special revenue account…
Raydium’s native token, RAY, has plunged 25% following claims from an on-chain investigator that Pump.fun may be developing an automated market maker (AMM) protocol, potentially threatening a key revenue stream for the decentralized exchange (DEX). The Solana-based DEX and AMM saw its token nosedive on Feb. 24 amid rumors that Pump.fun, a popular memecoin launchpad,…
After a sharp decline during its first two days of listing, PI has made an incredible comeback, soaring 150% from its bottom. This remarkable recovery has been fueled by a series of notable events and a wave of renewed optimism within the community. Let’s dive into the key factors behind this breakout. 4 Key Drivers…
Blockchain analytics firm Lookonchain has revealed that crypto exchange Bybit purchased approximately $742 million worth of Ether (ETH) between February 22 and 23 using two wallet addresses. Bybit appears to have acquired nearly 266,700 ETH just days after suffering a $1.4 billion hack, allegedly carried out by the North Korean state-backed hacker group Lazarus, according…
1. Crypto Market Last Week Last week, Bitcoin did not experience significant fluctuations as its price remained stable between $90,000 and $100,000, currently trading around $96,000. While Bitcoin seemed “quiet,” the crypto market was buzzing with two major events that shook the community. The first was the memecoin LIBRA scandal involving Argentine President Javier Milei….
Bitcoin unexpectedly dropped to $95,200 last night, inflicting significant losses on short-term holders, likely due to panic selling triggered by news of the Bybit hack. Over the past 16 hours, Bitcoin’s 4-hour chart on Binance has shown notable bearish signals. The Exponential Moving Averages (EMA) are crossing downward, with the 9-EMA falling below the 26-EMA,…
Daily transaction volume on the Litecoin network has reached an impressive $9.6 billion, fueled by increasing activity from ETF issuers seeking to list their proposed Litecoin ETFs in the United States. According to a Feb. 21 report by Santiment, Litecoin’s market capitalization jumped 46% between Feb. 2 and Feb. 19, signaling heightened investor interest. The…
Introduction to Monad Testnet Monad is a Layer 1 blockchain that utilizes the Proof of Stake consensus mechanism and offers high compatibility with the Ethereum Virtual Machine. Notably, Monad implements Parallel Execution technology, allowing the network to process up to 10,000 transactions per second. The Monad project was founded in April 2022 by Keone Hon,…
Pi Coin’s Price Drop Stuns Investors After nearly nine years of community-building, Pi Network finally transitioned to its mainnet, generating significant industry buzz. However, for a coin that once had an IOU trading price as high as $183.49, its current value has been a letdown for early adopters. Leading up to the mainnet launch, anticipation…
Bitcoin has surged to $98K, edging closer to the $100K milestone while maintaining its upward momentum over the past two days. With $450 million in USDT flowing into exchanges in February, the rising stablecoin liquidity signals renewed risk appetite. Historically, BTC price movements have mirrored USDT supply trends. Back in mid-December, when BTC hit $108,000—its…