Conner is joining AI-focused networks Fresya.AI.
Donald Trump’s memecoin, TRUMP, momentarily fell about 30% after the former president commented that he was not closely tracking it. The price dipped to $32 on some exchanges before rebounding to around $43. The token, launched shortly before Trump’s second inauguration, previously reached $76 and a $12 billion market cap but has been volatile. During […]
The post Donald Trump confirms memecoin launch, says billions in profits is ‘peanuts’ for his team appeared first on CryptoSlate.
Former President Trump’s Bitcoin Reserve Plan is rapidly gaining support, with major companies and influential figures backing the idea as he takes office. One of the most prominent supporters is Fred Thiel, CEO of Marathon Digital Holdings (MARA), who has outlined a bold plan to establish a Strategic Bitcoin Reserve (SBR) across all 50 U.S. …
H.E. Justin Sun, the founder of Tron and an influential figure in the blockchain space, recently took to X to highlight Donald Trump’s steadfast commitment to his promises and the potential impact on the crypto industry. Sun referred to Trump as the “Bitcoin President” and noted the significance of his crypto-related pledges ahead of the …
After taking office as President, one of the first things that Donald Trump did was remove a 2023 executive order released by Joe Biden to reduce the risks that AI poses to consumers, workers and national security. Many AI enthusiasts have termed the move as a turning point in the US’ journey to become a …
Bullish sentiments toward the XRP price have risen since the new president’s inauguration, with speculation that the Ripple founder will work closely with the Trump administration. However, a very minimal impact has been seen on the token’s value, which suggests that external factors do not influence the trend. Besides, the emergence of new ‘Celebrity Coins’ …
Analysts suggest investors don’t need to worry about the Trump memecoin's supply shock for the next three months, despite criticism of its "poor tokenomics."
The crypto market has been posting greener numbers, with the bulls getting unchained. As a result, memecoins such as Dogecoin, Shiba Inu, Trump coin, and Bonk have recorded the highest gains during this period. Successively, market players have been keen on icebreaker questions like: Will the memecoin segment maintain its bullish recovery and surpass its …
Of the 4.5 million daily active users on Solana, 1.5 million were unique tippers, showcasing interest in token sniping on platforms like Meteora and Orca.
On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC) for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency space. Saylor has been at the forefront of this strategy, positioning the enterprise software company as a leveraged Bitcoin proxy. MicroStrategy Bitcoin Holdings Surge According to Microstrategy’s filing with the US Securities and Exchange Commission (SEC), the firm acquired the Bitcoin at an average price of about $101,191 per token between January 13 and January 20. With this latest purchase, the firm now holds over 2% of all Bitcoin that will ever be mined, representing approximately $47.9 billion in total Bitcoin holdings. MicroStrategy has been funding these acquisitions through a combination of at-the-market stock sales and convertible debt offerings. Related Reading: Bitcoin Struggles For Direction Post-Trump Disappointment – What Next? The timing of this latest purchase aligns with a broader shift in the regulatory environment under President Donald Trump, who has transitioned from being a crypto skeptic to a supporter of the industry. This change is expected to create a more favorable regulatory framework for cryptocurrencies, prompting Saylor and MicroStrategy to accelerate their capital goals and Bitcoin buying efforts. Ahead of Trump’s inauguration, the firm’s co-founder even attended the first ever “Crypto Ball” in Washington on Friday, where he engaged with key figures in the incoming administration. New Shares To Support BTC Strategy In a related development, MicroStrategy shareholders voted also on Tuesday to approve a staggering 30-fold increase in the number of authorized Class A common shares, raising it from 330 million to 10.3 billion. According to a Bloomberg report, this decision, which passed with around 56% of the vote, is designed to facilitate further financing for the company’s Bitcoin purchases. Additionally, shareholders voted to increase the authorized shares of preferred stock from 5 million to 1 billion. Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts These amendments will take effect once MicroStrategy files the necessary certificate of amendment with the Delaware Secretary of State. The report notes that with Chairman Saylor holding about 47% of the voting power, the outcome was largely anticipated. The newly authorized shares will also be utilized for various financial strategies, including private transactions of Class A stock, sales of at-the-market equity offerings, and settling redemptions or conversions of convertible notes. However, the company has indicated that it may choose not to sell all of the additional shares. At the time of writing, Bitcoin continues to experience significant price volatility, with its price hinting at a new record high. It is currently trading at $106,400, representing a 2.5% increase in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com
Bitcoin (BTC) currently trades within a historically narrow 60-day price range, a phenomenon often seen before significant market volatility. According to a new report by Glassnode, this compression in price action suggests the crypto market may be preparing for its next big move. The report analyzed the percent range between the highest and lowest price […]
The post Bitcoin tight trading range signals imminent market movement – report appeared first on CryptoSlate.
Ethereum core developer Eric Conner exits, citing Vitalik Buterin’s leadership decisions, shifts focus to building AI tools like Freysa.ai.
Token prices zoomed 25% in the past 24 hours, beating gains in bitcoin and other majors to reverse losses from earlier in the week.
The Bitcoin community celebrated Tuesday night following President Donald Trump’s pardon of Silk Road creator Ross Ulbricht.
Monero has topped $200, confirming a bullish shift in market trend.
As the Donald Trump administration settles down for a thrilling task ahead of making America great again, the altcoin market has gradually gained bullish momentum. Under the Trump administration, the cryptocurrency industry has massively been legalized, especially memecoins and DeFi tokens. Moreover, the previous Joe Biden administration heavily recognized Bitcoin (BTC) and Ethereum (ETH) as …
Bitcoin is currently facing resistance in the short term, struggling to break through a critical price level. In addition, the Trump meme coin, which has made headlines following the recent inauguration, experienced a sharp price drop after the lack of crypto-related mentions during the event. Despite this, Trump coin is still holding higher than its …
An analyst has explained how Arbitrum could see an upswing of around 46% if its price breaks out of this technical analysis pattern. Arbitrum Has Been Trading Inside A Descending Triangle Recently In a new post on X, analyst Ali Martinez has talked about a Descending Triangle pattern forming in the 4-hour price of Arbitrum. The “Descending Triangle” refers to a formation from technical analysis (TA) that, as its name suggests, looks like a triangle slopped downwards. The pattern involves two trendlines between which the asset consolidates: an upper level drawn by connecting together lower highs in the price and a lower one parallel to the time-axis that joins bottoms. Like in many other TA patterns, the upper line is considered to be a point of probable resistance for the price, while the lower one can act as support. Related Reading: Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO Spike Breaks out of either of these lines can imply a continuation of trend in that direction. An escape above the triangle is naturally a bullish signal, while a drop under it can foreshadow a bearish outcome. Similar to the Descending Triangle, there is also another pattern called the Ascending Triangle, which forms when the consolidation occurs towards an overall upside. Now, here is the chart shared by the analyst that shows the Descending Triangle that the 4-hour price of Arbitrum has been trading inside during the last couple of months: As displayed in the above graph, the Arbitrum 4-hour price retested the upper level of the Descending Triangle a few days ago, but it found rejection as it has since plunged down. Yesterday, the coin saw a very brief retest of the lower line, but it appears this level is also holding for the cryptocurrency as its price has found a rebound from it. Related Reading: XRP Whale Binance Deposits Skyrocket: Key Holders Preparing For Profit-Taking? It’s likely that these levels won’t hold for long, however, as ARB is fast approaching the apex of the triangle. As the range gets narrower, the chances of a breakout (in either direction) become higher. At present, Arbitrum is trading right in the middle of the two levels, so it’s uncertain which one it would be traveling to next. Martinez notes that if the breakout happens towards the upside, then the cryptocurrency could end up enjoying a surge of around 46%. This figure is based on the fact that the height of the triangle involves a price swing of this percentage. It only remains to be seen whether ARB would be able to find a break above the Descending Triangle or not. ARB Price At the time of writing, Arbitrum is trading around $0.72, up 1% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
The crypto business today has been posting greener numbers, with its market cap rising 3.49% to $3.64 trillion. However, the trading volumes stumbled by 37.40% to $196.58 billion. The Fear & Greed Index ticked up to a “Greed” score of 66, cautioning marketers of further moves. Bitcoin Price Holds at $105k Amid Strong ETF Inflows …
Solana’s MEV infrastructure, Jito, has made history by capturing more than $20 million in fees on two consecutive days, a first-ever achievement. On January 20, during the MELANIA transaction, Jito reached a new record, earning $26.49 million in just one day. Jito has now become the leader in fee capture, surpassing other protocols like Meteora …
Circle plans to integrate USYC with its USDC stablecoin to enable convertibility between cash and tokenized collateral.
10x Research’s Markus Thielen says Bitcoin is moving in $18,000 blocks and predicts it could hit $122,000 by February.
The GambleFi sector has rapidly gained traction as a modern alternative to traditional sportsbooks and centralized gaming platforms. Built on Web3 infrastructure, these platforms leverage blockchain technology and DeFi principles to deliver a secure, anonymous, and user-friendly experience. Offering features such as crypto bets in various digital assets and simplified registration processes, GambleFi projects have …
Total trading volume surged 95%, with options accounting for a giant share of the total platform activity.
President Trump has revealed a massive $500 billion investment in AI through a new venture called Stargate. This initiative brings together major tech players like OpenAI, Oracle, and SoftBank to revolutionize AI in the U.S. The ambitious project focuses on advancing AI capabilities across various fields. One standout application is in healthcare, where AI will …
On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. Trump’s World Liberty Financial Propels LINK Price Up In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to Chinese reporter Wu Blockchain. This strategic move was accompanied by additional acquisitions, including 13,000 Aave (AAVE) tokens valued at $4.41 million and 37.267 million TRON (TRX) tokens worth $8.86 million. Related Reading: World Liberty Financial Raises $1B: Trump-Backed Crypto Venture To Extend Token Sales The buying pressure generated by these transactions contributed to a notable 44% uptrend in LINK’s price over a two-week period, with a more immediate increase of over 11% within just 24 hours. But despite this bullish momentum, LINK’s price remains approximately 49% below its all-time high of $52.70, achieved during the 2021 bull run as it is currently hovering little over above the $26 mark. In a social media post on X (formerly Twitter), WLFI detailed these acquisitions, stating that they were made to commemorate the inauguration of Donald J. Trump as the 47th President of the United States. The post highlighted additional purchases, including $47 million in Ethereum (ETH), $47 million in wrapped Bitcoin (wBTC), and similar amounts in AAVE, LINK, TRX, and Ethena (ENA). How Chainlink Could Double In Value The involvement of the Trump family in the crypto space has sparked excitement among bullish LINK investors, fostering renewed confidence in the token’s prospects. Analysts like Michael van de Poppe have weighed in, noting that LINK has recently experienced a standard 30% correction—a pattern seen more than 15 times in previous cycles. Despite this, van de Poppe anticipates an upward price movement for Chainlink toward the $35 mark as market conditions stabilize. Adding to the positive sentiment, market expert Ali Martinez reported a significant withdrawal of over 770,000 LINK tokens from crypto exchanges on Tuesday, suggesting that investors are increasingly confident in LINK’s potential and a possible continuation of the uptrend observed over the past month. Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts Satoshi Flipper also chimed in on LINK’s price action, expressing optimism about the token’s adoption and future performance. He noted the emergence of a falling wedge pattern that could propel LINK toward its all-time high, suggesting that a price doubling from current levels is feasible. Flipper emphasized the importance of Chainlink in the broader cryptocurrency ecosystem, arguing that dismissing the potential for further gains before reaching new highs would be a mistake. Interestingly, Aixbt recently pointed out that LINK’s monthly Relative Strength Index (RSI) is currently at 67, approaching the critical 70 level that previously triggered a dramatic 375% price surge. This setup mirrors the conditions that drove the price from $3.50 to $20 in an earlier cycle. If history were to repeat itself, such a surge could push LINK toward the $124.80 mark, nearly tripling its current peak. Featured image from DALL-E, chart from TradingView.com
CLS Global admitted to helping wash trade and manipulate the market for a token made by the FBI designed to draw in those engaged in fraudulent crypto activities.
According to investment bank TD Cowen, the United States is expected to finalize its long-awaited crypto regulations by 2026. This timeline may bring hope to crypto investors and businesses alike, but challenges remain, including political disagreements and unexpected distractions like the TRUMP memecoin. Why Crypto Regulations Are Crucial? A note from TD Cowen’s Washington Research …
A U.S. District Court has reversed a previous District Court decision that supported sanctions on crypto mixer Tornado Cash.
The U.S. Securities and Exchange Commission (SEC) will hold its first closed meeting since Mark Uyeda took over as acting chair. The meeting, scheduled for Thursday, will involve commissioners, the counsel to the commissioners, the commission’s secretary, and recording secretaries. The topics on the agenda include the institution and settlement of injunctive actions, administrative proceedings, …