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Spectacular Ethereum (ETH) Price Surge Anticipated in May As cryptocurrency markets continue to exhibit bullish momentum, Ethereum (ETH) enthusiasts are eagerly anticipating a potential surge past the $3,000 milestone in the upcoming month of May. Despite facing recent price fluctuations, ETH has proven to be resilient and is showing signs of gaining more momentum. With [...]
Dogecoin enthusiasts are anticipating a surge in the price of 180 DOGE if Bitcoin’s upward momentum persists. This positive outlook is driven by the historical correlation between Bitcoin and Dogecoin, where the latter tends to follow the price movements of the former. Traders in the Dogecoin community are closely monitoring Bitcoin’s performance, looking for signals [...]
Bitcoin, along with other stocks, experienced a significant decline following the announcement of a 90-day tariff pause, which many are calling “fake news.” Despite the uncertainty in the market, BTC whales continue to accumulate more cryptocurrency. The overall sentiment in the markets has been turbulent, with investors reacting to the news of a temporary halt [...]
The post Bitcoin and Stocks Plunge as 90-Day Tariff Pause is Revealed as Fake News: BTC Whales Continue Accumulating appeared first on Crypto Breaking News.
The HyperLiquid DEX recently experienced an exploit which allowed a whale to profit unfairly in a competition with centralized exchanges (CEX). This incident highlights the vulnerabilities present in decentralized exchanges and the potential for manipulation by large holders of cryptocurrency. Decentralized exchanges, or DEXs, are a crucial part of the cryptocurrency ecosystem as they allow [...]
The post Rising Popularity of Decentralized Exchanges Continues Unfazed by $6M Hyperliquid Hack appeared first on Crypto Breaking News.
The article discusses how Tether continues to maintain its dominance in the market despite facing competition from various sources. According to data from crypto data provider Nansen, Tether still holds a significant position in the cryptocurrency market, with its stablecoin USDT being widely used for various purposes. Tether has seen its market share being challenged [...]
The post Tether Continues to Lead Stablecoin Market Despite Rivalry Nansen appeared first on Crypto Breaking News.
In the world of venture capital, a significant funding deal in the eight-figure range has been announced, signaling the ongoing growth of the crypto market. This investment comes amidst a bullish trend in the cryptocurrency sector, where optimism and investment activity are on the rise. Venture capitalists have been increasingly drawn to the potential of [...]
The post Crypto Boom Continues: VC Investments in 8-Figure Deals Signal Ongoing Bull Market appeared first on Crypto Breaking News.
In January 2026, Caitlin Long expressed concerns about the growing trend of “crypto de-banking” in the digital asset industry. Long, a prominent figure in the blockchain and cryptocurrency space, highlighted the risks associated with financial institutions denying services to individuals and companies involved in cryptocurrency. This phenomenon, known as “crypto de-banking,” poses significant challenges for [...]
The post Caitlin Long predicts crypto debanking will continue until January 2026 appeared first on Crypto Breaking News.
The cryptocurrency market is facing pressure due to ongoing trade tensions in April, according to analysts. These trade wars impact not only traditional financial markets but also the crypto space. The uncertainty surrounding international trade agreements and the potential for economic disruption are weighing heavily on market sentiment. Experts believe that the volatile nature of [...]
The post Trade wars to continue putting pressure on crypto markets until April, predicts analyst appeared first on Crypto Breaking News.
Bitcoin Analysts Foresee Market Correction, Emphasize Long-Term Growth Potential Bitcoin enthusiasts and investors are closely watching the cryptocurrency’s recent price fluctuations as analysts predict a potential market correction. Despite the current volatility, experts stress that this is not the end of the typical four-year cycle that Bitcoin experiences. The recent shakeout in the market has [...]
The post Analysts Dispel Bitcoin “Shakeout” Rumors, Confirming 4-Year Cycle Continues appeared first on Crypto Breaking News.
Metacade (MCADE), a fast-growing GameFi platform is doing well as the final stage of the presale token sale nears its end. Data from its website shows that the platform has raised $14.2 million, with 87.21% of tokens having been sold. Over 1 billion tokens have been bought, with only ~104 million remaining. The rise of …
<p>The post Metacade price prediction as the token sale hype continues first appeared on CCNC | Cryptocurrency Newscast.</p>
Metacade (MCADE) exchanges hands at $0.024800 on Monday, an increase of nearly 25% from the last presale price of $0.020. The gains follow listings on Uniswap DEX on April 6, followed by Bitmart on April 16. The steady rise in value indicates investors’ demand for the token of the arcade gaming platform, barely three weeks …
<p>The post Metacade (MCADE) price continues to surge. The third listing comes in a week first appeared on CCNC | Cryptocurrency Newscast.</p>
Marathon Digital Holdings, Inc. (NASDAQ:MARA) has oscillated between $10-$20 for some months now. The stock touched a low of below $5 at the start of July. Although trading higher at $12, Marathon Digital remains under pressure.
Marathon is a digital asset company. The company is involved in the generation of crypto and has invested in Bitcoin. Consequently, the downsides in digital assets have hugely affected MARA.
In its second quarter, Marathon Digital reported revenue of $24.92 million or £22.05 million. That represented a decline of 15% from the prior year. The company’s net loss widened by 76% to $191.65 million or £169.6 million in the same period.
Heading into the third quarter, investors have low expectations of Marathon Digital. The company’s net loss per share is expected at $0.35, compared to a net income of $0.85 last year. The expectations reflect continuing crypto slump and falling mining incomes. However, we see MARA as a stock to watch.
MARA price recovers slightly but remains bearishSource – TradingViewTechnically, MARA is bearish. A slight recovery is evidenced by an uptick in RSI from the near oversold level. Nonetheless, the 50-day MA could curtail short-term price appreciation.
Should you buy MARAInvesting in MARA makes sense on account of the low stock valuation. The stock’s range trading suggests buyers are trying to arrest a further decline at the current level.
Potential recoveries in cryptocurrencies would be a bull trigger for the stock. In fact, Jefferies had forecasted MARA to trade at $51 by the end of the year. However, the challenges remain as digital assets are struggling. MARA could face additional decline if cryptocurrencies fall again.
The post How good is Marathon Digital stock as crypto continues to whipsaw? appeared first on Invezz.
Crypto exchange FTX, led by Sam Bankman-Fried, has received a lot of press this year for acting as a lender “of last resort”, launching bids for distressed companies such as BlockFi, as the contagion crisis spread across the crypto markets.
Today, it was announced that the venture arm, FTX Ventures, is co-leading a $20 million strategic round into Coral, the makers of Anchor, the most popular Solana development framework.
The funds will be used to launch Coral’s first flagship product, named Backpack. The premise for Backpack is intriguing – an interactive wallet that delivers crypto-native experiences through executable NFTs (xNFTS). The idea is that users can access all of their assets and decentralised apps in one place.
It seems simple, but that’s kind of the point. I have written many a time about how one of crypto’s biggest problems remains how clunky the wallet experience can be. Additionally, jumping between browsers, tabs and wallets is a nuisance. Backpack, therefore, aims to help smooth out these issues.
Backpack is designed to be a flexible tunnel, allowing users to land at applications, games or assets across blockchains – again, something which crypto has not been very good at to date. This problem is possibly why FTX Ventures had their heads turned by this investment, alongside other participation from Jump Crypto (co-leaders as well), Milticoin Capital, Anagram and K5 Global.
This is potentially the ‘iPhone launch moment’ for Web 3 with xNFTs as apps, xNFT marketplace as the App Store, and CoralOS as the iOS. It is surprising that Backpack hasn’t been built in Web3 until now
Ramnik Arora, Head of Product at FTX
Of course, this is a crypto startup and, like any startup, poses a healthy degree of risk. Add into the mix the turbulent macro climate, where financial assets across the sphere are getting hammered, and it is definitely a nervous time to be a start-up.
Nonetheless, the raise is a powerful signal of intent and some welcome good news, something we are getting precious little of these days.
For FTX, they’ll be hoping that Coral’s Backpacker will deliver on its potential and provide returns that only crypto startups can. Backpack has been launched recently into Private Beta, and – purists will be delighted to know – the code is open-source.
I wrote recently about how well run FTX has been, alongside Binance, when compared to most exchanges. The company has been led prudently by Sam Bankman-Fried, and as the bear market has arrived, the gulf between FTX and Binance and some of the other more aggressive players in the space has become glaringl obvious.
As is the nature of the game, this is a longshot investment. But FTX continues to expand their portfolio and grow their influence on the cryptocurrency industry. It will be hoping that someday down the line, the money mentioned in this article is peanuts compared to what it is worth.
The post FTX continues to grow its empire, invests in Coral’s Backpack appeared first on Invezz.
Cake DeFi, a regulated Singapore-based crypto fintech firm that offers services such as liquidity mining, crypto lending, borrowing, and staking, has released its Q2 Transparency Report that suggests the company is cash flow positive and will remain so for at least four years – even if the bear market translates to more pain for the crypto industry.
Cake DeFi’s Q2 overviewWhile bankruptcies and other aspects of turmoil hit the market, the Monetary Authority of Singapore (MAS) registered startup summarises in its report that Q2 2022 was indeed “its strongest quarter yet.”
This, Cake DeFi notes, is deduced from the platform’s numbers relating to customer growth, total payouts and funded accounts.
Looking at the numbers, user growth averaged +3.25% weekly, while Q2 payouts hit $58 million to bring total payouts to customers to $375 million. The figure since inception stood at around $317 million at the end of Q1.
Several crypto companies have significantly cut their headcounts over the past few months, with many freezing hiring amid the bear market crunch. Cake DeFi says it is still hiring, and remains cash flow positive, boasting of a 4-year runway should things go south across crypto.
Transparency is essentialSome crypto companies operate in a “black box”, with shady investment deals that have ended up hurting customers. Cake DeFi says it does not work like that.
According to the firm, transparency is essential to its operations, with customer assets segregated from company operating accounts. As such, Cake DeFi only acts as a ‘one-stop-platform for DeFi users, with customers retaining full control of their funds. Unlike some CeFi platforms, the platform does not commingle customer and operational funds.
About Cake DeFiCake DeFi, which also offers decentralised assets (dTokens for assets like Apple and Tesla stocks or the S&P 500) was co-founded in 2019 by Dr. Julian Hosp (current CEO) and U-Zyn Chua (CTO of DeFiChain Foundation).
The startup has more than $1 billion in customer assets under management. Earlier this year, it debuted Cake DeFi Ventures, a $100 million venture fund aimed at advancing growth within the Web3, eSports, and gaming sectors.
The post Cake DeFi: growth continued in Q2 despite crypto winter appeared first on Invezz.
The CEO of Ripple, Brad Garlinghouse has shared his desire to explore the possibility of an IPO after settling its lawsuit with SEC
MicroStrategy, one of the biggest corporate holders of the crypto, has seen its share prices drop to their lowest level since 2020.
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. […]
It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per […]
The gaming DAO includes a guild of over 40,000 players and 3,000 scholars across Indonesia and the Philippines.
Recently, the Securities and Exchange Commission (SEC) made a crucial decision regarding the classification of meme coins. The SEC stated that meme coins are not considered securities, but emphasized that fraudulent activities related to these coins will still be closely monitored and regulated. This new development clarifies the regulatory status of meme coins in the [...]
The post SEC Rules Memecoins Not Securities, but Fraud Enforcement Continues appeared first on Crypto Breaking News.
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