Memecoins have become a key part of the trillion-dollar crypto market, offering traders an opportunity to make gargantuan gains on their investments. Drawing inspiration from internet memes and other trends in the market, this nascent trend sits at over $110.7 billion in market cap with a daily trade volume of $40 billion. While these memecoins …
Justin Sun, the founder of the Tron network, has unveiled an ambitious strategy to transform Ethereum’s ecosystem and push its price to $10,000. In a Jan. 22 post on X, Sun detailed how changes in supply management, operational strategy, and fiscal policies could reshape the trajectory of the second-largest digital asset by market capitalization. Sun’s […]
The post Tron’s Justin Sun calls for Ethereum to tax layer-2s, start staking to get price to $10k appeared first on CryptoSlate.
Toncoin is showing promising signs of recovery, with bullish momentum gradually building as renewed buying interest suggests a shift in market sentiment. After a period of consolidation, the cryptocurrency is gaining traction, fueling optimism for a fresh rally. The steady increase in trading activity and improving technical indicators highlight the bulls’ intent to challenge critical resistance levels, which could set the stage for a stronger upward trajectory. However, the path to recovery faces potential obstacles, including resistance barriers and profit-taking by short-term traders, limiting the rally’s momentum. Thus, sustaining the current bullish trend will be key in determining whether Toncoin can reclaim higher ground and achieve a more robust recovery. The coming sessions will be pivotal as traders closely monitor price action, volume trends, and support zones to assess the rally‘s strength in the long term. Technical Indicators Align For A Move-Up Currently, Toncoin’s capability for a rally is gaining momentum as technical indicators align, pointing to a move upwards. After failing to break below the $5 mark successfully, the cryptocurrency is now showing signs of an uptrend. Related Reading: Toncoin Stabilizes Above $5: Is Now The Time To Buy TON? Buying pressure is beginning to outweigh selling activity as indicated by the Composite Trend Oscillator’s recent shift away from oversold conditions. As the signal line and the RSI line of the indicator approach neutral territory, TON may be gearing up for a strong surge as traders regain confidence in its upside potential. Furthermore, Toncoin is attempting to move above its key support levels, signaling possible bullish momentum. The 4-hour Simple Moving Average (SMA) turning upward shows that the price is gaining traction in the short term. This shift is important, particularly because the SMA acts as a trend-following indicator, confirming that the market may be entering a phase of sustained positive movement. If Toncoin continues to hold above key support levels and the SMA remains positive, especially succeeding in testing and breaking through nearby resistance zones, it might lead to further gains. Toncoin Road To Recovery: Overcoming Resistance Zones TON is steadily making its way toward recovery, focusing on overcoming key resistance zones that have previously capped its price progress. If the cryptocurrency maintains its rally and breaks through the $6 resistance, it may trigger a more powerful rally, attracting additional traders and driving the price toward the $7.2 mark. However, should Toncoin fail to sustain its rally, it could face a retracement toward lower support levels, possibly revisiting areas like $5. Related Reading: Toncoin Price Recovery Continues — Is The Dwindling Staking TVL Ratio Bullish? This downward move is capable of dampening bullish sentiment, which might lead to a consolidation period or further downside. Therefore, as the altcoin navigates these challenging levels, its ability to break through and uphold positive momentum will be crucial in determining the next phase of its price action. Featured image from Adobe Stock, chart from Tradingview.com
The TRUMP coin price is on the rise, attracting over 11% gains in the past 24 hours regardless of the rising bearish influence. The token has been attracting millions of new buyers, as 1 in 7 Americans have reportedly invested in either TRUMP or MELANIA. Interestingly, 42% of them are first-time crypto investors. Now that …
Discover practical strategies to spot new memecoins before they go viral, including tracking launch platforms, analyzing social media trends and leveraging blockchain tools for early opportunities.
Tornado Cash’s native token, TORN, has surged 130%, trading at $17.74 after a landmark decision by a US appeals court lifted sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC). This decision has given a boost to the investor’s faith in the system, signaling a positive change is on the way. Following …
Tether USDt was the top deposited currency by earners on Brighty last year, accounting for 85% of all crypto deposits.
Vitalik Buterin, alongside others in that community, are calling on the Trump administration to help free Virgil Griffith and Roman Storm.
Day Two of the Trump administration and the DOGE (Department of Government Efficiency) website is up and running. Only time will tell if DOGE actually accomplishes anything. The big idea behind it is to find savings and improve the efficiency of the government. And who better to do that than Elon Musk himself? Maybe this new government department could start with disbanding useless government departments? Dogecoin to be the Official US Government Cryptocurrency? It wouldn’t be a stretch to assume that one of the cost savings a Department of Government Efficiency could implement would be to move the payroll of federal transactions over to the blockchain. Since Musk is a crypto fanatic, it wouldn’t surprise anyone if that happened. And with the Dogecoin logo already on the DOGE website, could $DOGE be used as the official government cryptocurrency? Then again, perhaps it will be Solaxy ($SOLX). Solaxy to Boost Efficiency on the Solana Ecosystem After all, the whole reason for Solaxy’s existence is to optimize the Solana blockchain for better efficiency. And right now, ‘efficiency’ is Elon’s favorite buzzword. Fact is, just like the US government, the Solana blockchain has become overwhelmed with problems and inefficiencies, resulting in congestion and slow transactions. Solaxy, like Musk’s D.O.G.E, has come along just at the right time to potentially fix it. Solaxy is still in its presale phase, and with the current $SOLX token price at a bargain $0.00161, and a 286% staking APY, those are cost savings that the US public can get behind. Solana Swamped by $TRUMP and $MELANIA Coin Transactions Solana is getting a surge of attention due to the emergence of the Solana-based $TRUMP and $MELANIA coins. The rush onto Solana to buy Trump coins has been sorely testing the Solana network like never before, with both users and third-party platforms reporting congestion and delays. But as President Trump has chosen Solana for his own new coin, the platform is due for an upgrade. This is precisely what Solaxy will offer, a layer-2 solution to Solana to offload some traffic and reduce the load. Solaxy, being an Ethereum-based token, will also bridge the two blockchains, leveraging Ethereum’s liquidity and Solana’s popularity to unleash the full potential of the meme coin market. Make Way for the Memes So, if efficiency and fixing the problems holding back the memes and the government get you inspired, check out this new presale before the price goes up. The use case couldn’t be stronger at the moment. Just head on over to the official Solaxy website, connect your crypto wallet, and start buying $SOLX. God bless you, good citizen, for serving your country. But remember, never invest money you can’t afford to lose, and always do plenty of independent research before committing any funds.
The DePIN project aims to wean vapers off nicotine through a tokenized model that leverages financial incentives to help them quit.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s bnb gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%.
Donald Trump’s return to the Oval Office has sparked renewed optimism for the future of Bitcoin adoption and the growth of the US cryptocurrency industry.
Ever since Donald Trump’s appointment as US President, the crypto market has been making merry. Bitcoin crossed the $100,000 mark and made a high of $109,000. As of now, the OG crypto coin is 550% from the cycle lows in November 2002, when it plummeted to $15,500. Well, Bitcoin could potentially climb to $1M by the end of 2025. No, we’re not joking! During the 2015-2018 cycle, the coin was also up by almost the same percentage as it is now in the current cycle. And during the 2018-2022 cycle, the price was up by 1,300% during the same stage. Now, if we take cues from the 2015-2018 cycle, Bitcoin can end up 1,110% higher from its lows by the end of March 2025. The price is expected to peak around October, when it may stand at 11,000% higher at around $1.7M. With Bitcoin’s potential rally comes a near-certainty that the rest of the crypto industry (meme coins included) will follow suit. And that’s where Flockerz shines through, as this Vote-to-Earn project aims to innovate the industry with its community-centric approach. Trump Administration to Bitcoin and Crypto Industry? If you need another perspective, consider the Trump effect. Donald Trump is expected to be the most pro-crypto president the US has ever seen. He has promised several legal reforms to strengthen the crypto market. During his first term, when he was not all that pro-crypto, Bitcoin gained 20x. And now, when the winds have changed, investors only expect a 10x move from Bitcoin to reach $1M, as reported by Coindesk. Just days before his swearing-in ceremony, Trump launched his own meme coin, $TRUMP. It quickly became the 18th largest cryptocurrency in the world when it hit a market cap of $15B at a price of around $75. Similarly, the first lady, Melania Trump also followed suit and launched $MELANIA. Although these coins brought in decent returns for investors, the SEC is not too impressed and may ring in several regulatory restrictions. The launch of individual-based cryptocurrencies opens the door for manipulation and scams and can dent the investor’s belief in the crypto markets. As per SEC, popular meme coins like these can ‘blur the lines between celebrity, politics, and finance’ and lead to a lot of volatility and fraud. There have already been signs of that. As per Bubblemaps, 90% of the $MELANIA token supply was found to be in a single wallet. The official website of the meme coin claims that only 35% of the tokens have been made available to the token team. Since political meme coins can be a grey area for both regulators and investors, we recommend investing in people-driven coins like Flockerz ($FLOCK) – one of the hottest presales this January. Last Few Hours of the $FLOCK Presale $FLOCK is a unique V2E meme coin that allows token holders to participate in the decision-making process. Investors can vote on aspects such as token burns, governance plans, expansion ideas, and new features. This puts the power in the hands of people who actually care about the coin, and not a single entity. Moving forward, this can set an important precedent in the meme coin industry. Investors may prefer projects with V2E structures in place. This community-driven coin has amassed close to 31K followers on X and has a strong presence on Telegram as well. This innovative V2E concept has helped $FLOCK raise $12.5M in presale funding. At the time of writing this, less than 2 hours remain before the presale ends. You can get one $FLOCK for $0.0066883. To do that, visit the official Flockerz presale website, connect your wallet, and purchase the number of $FLOCK you need. You can do so with a bank card, $ETH, $USDT, or $BNB. The coin will then move towards listing and is expected to skyrocket to 100x post that within a few months. Experts expect listing gains of at least 10x on launch. The project has reserved 10% of its total token supply for listing to prevent extreme volatility. Traders have also shown increased interest lately, buying over $44K $FLOCK in the last three days. The presale is inches away from closing, and this is definitely your last chance to join the $FLOCK mania. However, crypto assets are subject to market risks and it is wise to do your own research before putting in your hard-earned money. This article isn’t a substitute for professional financial advice.
Coinbase CEO Brian Armstrong announced that the exchange has resolved all pending Solana transaction delays—a response to growing user frustrations over slow processing times. On Jan. 22, he shared the update on the social media platform X, confirming that Solana transactions are now functioning as expected, with canceled transactions eligible for retries. Armstrong wrote: “We […]
The post Coinbase resolves Solana transaction delays, pledges tier 1 support appeared first on CryptoSlate.
Fink speculated about what might happen if everyone sought to allocate 2% to 5% of their assets to bitcoin.
A combination of rising transaction fees and a buoyant bitcoin price has given miners some relief.
Spot Bitcoin exchange-traded funds (ETFs) in the United States saw significant inflows on Jan. 21— the first trading day following Donald Trump’s inauguration on Jan. 20. Data from SoSoValue showed that the 12 spot Bitcoin ETFs recorded a collective net inflow of $802.5 million, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the inflow activity with $661.9 […]
The post Bitcoin ETFs see $802.5 million inflow post-Trump inauguration, led by BlackRock appeared first on CryptoSlate.
Blockchain-powered asset tokenization is set to reshape Latin America’s financial systems, driving efficiency, inclusion and transparency.
Cardano (ADA) has struggled to maintain the bullish momentum it experienced in recent weeks, with its price still trailing approximately 67% below its all-time high of $3.09, reached during the 2021 bull run. Despite this significant gap, analysts believe that the potential for a robust price recovery exists in the coming weeks and months ahead of the new year. Cardano Consolidates Above Key Moving Averages, Poised For Breakout Trend Rider, a prominent analyst on the social media platform X (formerly Twitter), provided insights on Cardano’s current price action, noting that the price dipped below the parabolic line, indicating a cooling-off period, which occurred just above the $1 mark last week. However, he emphasized that the Cardano price is consolidating above its moving averages, suggesting it is preparing for a potential breakout while “shaking out weaker hands.” Related Reading: World Liberty Financial Raises $1B: Trump-Backed Crypto Venture To Extend Token Sales Trend Rider further anticipates a resumption of bullish momentum soon, forecasting that once the Cardano price breaks through the $1.25 resistance level, it could rapidly surge toward the $3 mark, inching closer to its previous record peak. Adding to the optimistic outlook, analyst Ali Martinez pointed out that after experiencing a 44% correction, Cardano began its second leg up during the week of February 1, 2021. Given that ADA has already undergone a 43% correction recently, the analyst suggests that the next upward movement for ADA could be just two to three weeks away, with a target of $6 in sight. Analysts Identify Key Support And Price Targets Another analyst, AV Sebastian, also weighed in, suggesting that the price recent dip may be over, and that the Cardano price is poised to break out of a triangular pattern. He highlighted the last two candles as particularly bullish and expects a significant rally in the coming days. In analyzing short-term price actions, several analysts noted that ADA is exhibiting a “very bullish market structure” on the daily timeframe. On the chart is observed a double bottom formation leading to a breakout and a V-shaped recovery along a descending channel. Related Reading: Big Players Bet Big On XRP, Solana With Excitement Around Donald Trump’s Presidency, Here Are The Figures It is further believed that a retest of the key support zone at $1.3886 appears inevitable for ADA’s price in the near-term, which would then lead to price uptrend with a main target of $1.7748. Further support zones have also been identified, with the $0.824 level being crucial to watch early in 2025. Holding this support could unlock significant upside potential, and analysts are eyeing May 2025 as a key timeframe for achieving targets. At the time of writing, ADA was trading at $1.14, up 1.13% for the 24-hour period. Featured image from DALL-E, chart from TradingView.com
“These are '40 Act filings and so (theoretically, if they aren't disapproved) could hit the market in early April,” an ETF analyst said.
Your day-ahead look for Jan. 22, 2025
Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm’s decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global’s earlier legal attempt to block the delisting through a court order. Last year, Coinbase removed wBTC from its platform […]
The post Coinbase seeks dismissal of BiT Global lawsuit over wBTC delisting appeared first on CryptoSlate.
Crypto apps like Moonshot and Coinbase top the US App Store finance rankings as President Donald Trump’s memecoin frenzy boosts interest in digital asset trading platforms.
The cryptocurrency market has displayed a strong bullish recovery after experiencing a short pullback yesterday. However, with Donald Trump’s unveiling of a $500 billion AI infrastructure with Soft bank, Sam Altman’s Open AI, & Oracle, the Artificial Intelligence segment witnessed the highest short-term gains. Considering the present market sentiments, is this the right time to …
Jupiter, a Solana-based decentralized exchange aggregator, is distributing nearly 700 million JUP tokens, valued at $616 million, in its much-anticipated “Jupuary” airdrop. Following the news, Jupiter’s token, JUP, is currently trading at $0.88, reflecting a 33% increase since its launch in January 2024. With a circulating supply of 1.68 billion tokens out of a maximum …
Keplr, a crypto wallet provider, has raised $5 million in a seed funding round after four years of operating as a bootstrapped company.
Over 1 million bitcoin has been sold since September by long-term holders.
The crypto industry is generally optimistic for growth under the new administration, though some regulatory concerns remain.
On Jan. 21, OpenAI announced the Stargate initiative, a groundbreaking project to develop advanced AI infrastructure in the United States. Stargate initiative According to the firm, the project is planning an estimated $500 billion investment over four years, and the organization intends to allocate $100 billion upfront to accelerate its goals. The project focuses on […]
The post OpenAI to launch new $500 billion AI infrastructure company Stargate appeared first on CryptoSlate.
Bullish options pricing and renewed ETF inflows have analysts calling new highs for the largest cryptocurrency.