Day: April 18, 2025

Memecoin Rug Pull? Base Faces Backlash After 90% Token Crash

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Coinbase’s Layer-2 (L2) Network, Base, has faced intense backlash over rug-pull allegations after it promoted an unofficial memecoin that crashed by over 90%, sparking a debate about the future…

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

boss

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum. In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. However, it added that “none of the positive developments have been priced in.”  In April, Bitcoin dominance reached a four-year high, signaling that crypto investors are rotating their funds into an asset perceived to be…

Arizona’s crypto reserve bill Heads to Final House Vote

Arizona’s Digital Asset Reserve bill is heading to a final House vote after clearing the Committee of the Whole. On April 17, Arizona’s State Bill 1373, also referred to as the Strategic Digital Asset Reserve Bill, moved one step closer to becoming law after being approved by the full House in a preliminary review. SB 1373, also known as the Strategic Digital Assets Reserve Bill, proposes the creation of a fund composed of digital assets seized in criminal proceedings.  The state treasurer would manage the fund and be authorised to…

Buy ETH? Tron Founder Remains Bullish amid Whale Purchases

Key Notes Tron founder Justin Sun has confirmed that he will not be selling a single ETH from his holdings. ETH price has crashed a massive 20% in the past week as gas fees hit lowest levels in five years. Sun also hinted at a potential collaboration between the Tron and Ethereum ecosystems. Tron founder Justin Sun is choosing conviction over capitulation, declaring that he has no intention of selling his Ethereum ETH $1 583 24h volatility: 1.3% Market cap: $191.05 B Vol. 24h: $9.56 B holdings despite bearish sentiment…

This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals

boss

The on-chain analytics firm Glassnode has revealed in a report how this historical bear market confirmation is yet to appear for Bitcoin in the current cycle. Bitcoin Unrealized Loss Hasn’t Spiked For Long-Term Holders Yet In its latest weekly report, Glassnode has discussed about the trend in the Unrealized Loss for the two major Bitcoin cohorts. The “Unrealized Loss” is an on-chain indicator that measures the total amount of loss that the BTC addresses as a whole are carrying. The metric works by going through the transfer history of each…

Binance held 36% CEX market share in Q1

Binance has maintained its position as the leading centralized exchange in Q1 2025, despite a wider market downturn and declining trading volumes. With a total trading volume of about $8.39 trillion, Binance accounted for 36.5% of the global CEX market share, according to TokenInsight’s Q1 exchanges report. This was a decrease from the $9.95 trillion volume in Q4 2024 in line with the general market trend. Because of the waning hype after Trump’s inauguration, overall cryptocurrency trading volumes dropped 12.5% during the quarter. Total spot trading volume across the top…

Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68

boss

The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70.  However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk measures are in place. “Synthetix and sUSD have weathered multiple bear markets and periods of stablecoin volatility; this is not the first resilience test,” a spokesperson from Synthetix told Cointelegraph. SUSD down almost 31% from its intended 1:1 peg sUSD is a crypto-collateralized stablecoin. Users lock up…

Crypto rug pulls have slowed, but are now more devastating: DappRadar

boss

There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing. Rug pulls have dropped in frequency year-over-year, with early 2024 recording 21 separate incidents, compared to only seven so far in 2025, according to an April 16 report from blockchain analytics platform DappRadar. However, since the beginning of 2025, the Web3 ecosystem has lost nearly $6 billion to rug pulls, according to DappRadar’s report. However, the report attributes…

Is This the Final Shakeout Before Bitcoin’s Next Big Move? Analysts Break It Down

boss

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Over $4 Billion Moved by Cryptocurrency Scams in Paraguay

boss

Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024. Alarcon stated that middlemen help these platforms thrive, as people investing don’t know the basics of crypto. Paraguay Registers $4 Billion in Cryptocurrency Scams […] Source