Month: May 2025

Cardano Whales Accumulated 410 Million ADA In April – Breakout Coming?

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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. Cardano is currently trading just below the $0.75 mark, where it has spent several days consolidating after its recent upward move. Despite facing resistance at this level, market sentiment…

Why tokenized gold beats other paper alternatives — Gold DAO

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Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold. In an interview with Cointelegraph, the DAO representatives outlined three major benefits unique to tokenized gold, including 1:1 redeemability for a specific quantity of physical, serialized gold, usage as collateral in decentralized finance (DeFi) applications, and transactional efficiency through on-demand liquidity. “When you buy an ETF, you are betting on the gold…

Chart of the week: Will ImmutableX extend gains?

Traders turned optimistic this week as Bitcoin surpassed $97,000, paving the way for capital rotation to GameFi, DeFi and Layer 2 tokens. ImmutableX’s IMX token stands out among the rest with double-digit gains on Friday. The native utility token of the gaming platform rallied 10% before erasing gains at the end of the week, and printed over 5% weekly gains.  The ImmutableX (IMX) chain addresses the scalability and cost of the Ethereum blockchain. IMX posted over 30% gains in the past month and hovers around key resistance at $0.70.  ImmutableX…

Dogecoin Uptrend Intact? Expert Analysis Sparks Bullish Buzz

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Dogecoin’s price rebounded to $0.186 after declining from $0.185 to $0.15 earlier in the week. The rebound is evidence of buyers coming in on lower prices, a sign some market observers view as continued strength for the meme cryptocurrency. Analysts Monitor Long-Term Pattern Formation As far as analyst Steph is Crypto is concerned, Dogecoin still tracks what they refer to as a “Legendary trend-line” that extends between three significant price lows over several years. That support line started above $0.001 in early 2020, was again breached above $0.059 in 2024,…

Bitcoin mining — Institutions boost investments amid favorable US climate

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Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment in the US and the profitability margin of BTC.  Then, numerous companies are diversifying by allocating computing power to AI, further strengthening their economics and, thus, investment attractiveness. For now, it looks like the future of the foundational layer for the Bitcoin network could mark the new gusher…

State of Crypto: IRS Departures

The IRS, alongside many other regulators, has been pretty active in the crypto world over recent years. On Friday, two directors left. You’re reading State of Crypto, a CryptoX newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Over 20,000 IRS employees accepted deferred resignation offers made by the Donald Trump administration, including two directors tasked with overseeing digital assets rulemaking. Why it matters Raj Mukherjee and Seth Wilks went on paid administrative leave Saturday, though individuals familiar with the…

Solana Rebound To $900 Is Coming, But This Resistance Stands In The Way

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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. Solana is still facing a lot of resistance and it seems that the $200 target is getting harder to reach. This has been made harder by the bearish market…

After Zora airdrop goes awry, what’s next for Web3 creator economy?

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Onchain social network Zora has built a reputation as a popular tool for artists, musicians and other creatives to monetize their content onchain, but the recent launch of its eponymous ZORA token has left many users confused and dissatisfied. The token’s price tanked shortly after launch, with users and observers complaining about everything from poor communication from the team to the token’s distribution and utility models.  This comes amid an overall decline in interest in the onchain creator economy and a changing perspective on whether blockchain tools like non-fungible tokens…