Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum

Este artículo también está disponible en español. Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. Related Reading The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin and failing to build strong bullish momentum. Some analysts believe that ETH is at a make-or-break level, while others argue that a deeper correction is still…

Web3 gaming activity surges 386% — Wen bull run? Web3 Gamer

Will gaming crypto tokens ‘pop off’ this cycle? In late 2024, gamers were convinced that a “gaming bull run” was on the horizon, but now, everyone is unsure. The crypto market didn’t skyrocket like people expected after Donald Trump’s US presidential inauguration. Since Trump’s inauguration on Jan. 20, the three largest gaming tokens by market cap are down significantly. Immutable (IMX) is down 32%, trading at $0.84, The Sandbox (SAND) is down 33%, trading at $0.40, and FLOKI (FLOKI) is down 43%, trading at $0.000099, as per CoinMarketCap data. Crypto…

Strategy misses weekly Bitcoin scoop for the second time

Michael Saylor said Strategy didn’t buy any new Bitcoin last week, maintaining its current 478,740 BTC hoard. Strategy, formerly MicroStrategy, saw zero patronage for its class A common stock offered through its at-the-market equity program between Feb. 10 and Feb. 14, executive chairman Michael Saylor shared on X.com. The ATM funds Strategy’s Bitcoin (BTC) buying scheme by selling shares to raise capital. Saylor’s firm has invested $31.1 billion in the leading cryptocurrency since 2020. Most of that cash pool was raised from its equity program. With no new class A…

FTX Payouts Begin Today, Will Bitcoin Price Rally Or Crash In Response?

Este artículo también está disponible en español. The long-awaited FTX creditor payouts are set to begin today, February 18 after over two years of bankruptcy. This payment, which is the first batch, is targeted towards targeting smaller creditors. Nonetheless, the payout could have a few effects on the crypto industry, especially if creditors receive payouts in crypto. A crypto analyst, Excavo, has shared his perspective on TradingView, highlighting the potential liquidity shifts that could follow FTX’s creditor payouts and the broader implications for Bitcoin and altcoins. FTX Payouts Kick-Off: How…

Cardano Soars 130%, Climbs To 9th In Market Cap Rankings

Este artículo también está disponible en español. Cardano’s decentralized finance (DeFi) environment has increased significantly, with the total value locked (TVL) expanding by 13%. The spike, while impressive, is the product of multiple variables at work in the blockchain’s expanding DeFi scene. Related Reading This surge is due to major protocol improvements and a steady rise in the adoption of decentralized apps (dApps), indicating a bright future for the network. Key Upgrades And Protocol Improvements Recent network upgrades have substantially facilitated Cardano’s expansion. The Ouroboros Peras protocol is notable for…

The Core Foundation and partners launch new institutional Bitcoin yield token

The Core Foundation in partnership with Maple Finance, BitGo, Copper, Hex Trust has launched a Bitcoin token designed for institutions to earn return from idle BTC. In a press release received by crypto.news, IstBTC has announced a new liquid, yield-bearing Bitcoin (BTC) token specifically designed for institutions to reap back billions of dollars while maintaining security, compliance, and liquidity. Institutions can mint lstBTC by depositing Bitcoin with custodians like BitGo, Copper, or Hex Trust. Unlike other tokens, IstBTC accumulates yield while remaining fully liquid. That way, institutions are able to…

SUI Bearish Grip Tightens As Price Eyes $2.8 Retest Amid Market Pressure

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…