Blockchain

Crypto Liquidity Risks Exposed in Weekend Token Collapse Mantra’s OM token plummeted over 90% in just one weekend, revealing significant liquidity risks and potential insider trading concerns linked to major exchange activities. Bitget CEO Gracy Chen highlights the broader implications for the crypto industry, urging for a reevaluation of weekend trading practices and liquidity management….

Revolutionizing Connectivity with Blockchain Polygon is teaming up with telecom giant Reliance Jio to integrate blockchain technology into web services, aiming to enhance the experience of over 450 million users in India. By focusing on a balance of speed, scalability, and decentralization, this collaboration sets the stage for mainstream Web3 adoption. Background and Context The…

Babylon Labs Bitcoin Unstaking Event April 2023 Sees $1.26B Exit In a significant development on April 17, Babylon Labs experienced a major Bitcoin unstaking event, leading to a staggering $1.26 billion in BTC being unstaked, which resulted in a 32% drop in the protocol’s total value locked. Key Details of the Event Lombard Finance initiated…

Binance Guides Governments in Strategic Bitcoin Reserves Binance is advising multiple global governments on establishing strategic Bitcoin reserves and developing crypto regulations, following the United States’ advanced digital asset policy. Significance of Governments Establishing Strategic Bitcoin Reserves The evolution of cryptocurrency has brought significant attention to the role of governments establishing strategic Bitcoin reserves. This…

Bitcoin Price Forecast for 155000 USD Target: A Bullish Outlook Despite a 10% dip year-to-date, Bitcoin’s potential to reach a $155,000 target remains strong, according to new analysis. With bullish sentiment gaining traction, can BTC break out of its current slump and follow gold’s path to new highs? Background and Context The Bitcoin price forecast…

Investors Focus on Memecoins and AI Tokens in 2025 The first quarter of 2025 has seen a significant dominance of memecoins and artificial intelligence tokens, capturing 62.8% of investor interest as old crypto narratives persist. With AI tokens leading the charge at 35.7%, industry experts suggest a lack of new trends and express concerns over…

Russia Plans to Develop Its Own Stablecoin Amid Sanctions The Kremlin is moving towards creating its own stablecoin, as officials respond to recent sanctions impacting Russian exchanges. Deputy Finance Minister Osman Kabaloev advocates for the initiative, stressing the need to mitigate risks highlighted by recent freezes on affected assets. Background and Context The announcement by…

Bitcoin Social Media Sentiment Shifts to Bullish Trends Recent data from Santiment reveals a bullish shift in Bitcoin social media sentiment, as optimism grows that the cryptocurrency can reclaim the $90,000 mark amidst price fluctuations around $85,000. Traders are responding positively, signaling potential movements in the coming week. Bitcoin Social Media Sentiment Shifts to Bullish…

New SEC Leadership Signals Change for Crypto Regulation The recent appointment of Paul Atkins as the new SEC chair has prompted a pause in major lawsuits against crypto entities, raising questions about the impact of new SEC leadership on crypto regulation. A federal judge has acknowledged that ongoing legal challenges could be resolved as the…

Ethereum Network Fees Hit Lowest Levels Since 2020 Transaction costs on the Ethereum network have plummeted to just $0.168, their lowest point since 2020, as fewer users engage with the blockchain, according to analytics firm Santiment. This significant drop in fees coincides with a lull in Ethereum activity, prompting speculation about the potential for future…