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Author: Isabella Taylor
Worldcoin rose for four consecutive days as the crypto market recovered, and a whale continued accumulating the coin. Worldcoin (WLD) hit $1.19 on Saturday and is currently trading at around $1.08. This recovery happened as Bitcoin (BTC), most altcoins, and American stocks rebounded. See below. Source: CoinGecko Worldcoin, founded by OpenAI CEO Sam Altman, surged after a whale purchased tokens worth over $1.5 million. Whale accumulation is typically a positive sign, as these investors are perceived as more sophisticated than retail investors. The Worldcoin token also gained steam after the team pointed to increased momentum in Asian countries. Singapore registrations…
Despite the broader crypto market’s upward movement, the NFT market is struggling, with sales volume dropping by 6.15% to $89.4 million. At press time, Bitcoin (BTC) is above the $94,000 level. Ethereum (ETH) is up 0.4% and just below the $1,800 level. The global crypto market cap is now $2.97 trillion, up from last week’s $2.69 trillion. According to data from CryptoSlam, the NFT buyer count has increased by 54.33% to 391,498, while NFT sellers have grown by 45.06% to 223,311. However, NFT transactions have decreased by 10.25% to 1,404,451. Ethereum remains leading blockchain Ethereum remains the leading blockchain for…
The crypto market sentiment improved this week, with several large cryptocurrencies recording double-digit gains. Bitcoin’s rally past the $95,000 resistance is the highlight, with altcoins like Official Trump and Sui outperforming most others. Bitcoin’s decoupling from stock, the comeback of the digital Gold narrative, and Trump’s softening stance on tariffs supported this week’s gains. Bitcoin, altcoin weekly performance Bitcoin (BTC) is currently hovering under $95,000, a key level for the most prominent cryptocurrency. At last check Saturday, BTC was down 0.45%, trading at around $94,358.49. Observers noted that it recovered from its most recent flash crash, where the asset slipped…
The crypto funding sector saw major activity this week with total investments reaching $470.75 million from April 20-26. Bitdeer Technologies Group secured the largest amount of financing, while several other blockchain and crypto projects also raised capital across various sectors.… Source link
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Although some believe that crypto PR and communications efforts should slow down when the markets are cooling off, it couldn’t be further from the truth. Sure, during crypto winters, product development teams huddle together to work on building their solutions—and that’s great—but these are also the ideal times for brand building. Indeed, when the market is going through a crypto slowdown, the strategic brands are seizing the opportunity to strengthen credibility while everyone else is hibernating. And…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano drops 48%, DOGE down 60% as analysts spotlight Remittix as a leading PayFi presale gem ahead of the next bull run. At the time of writing, Cardano is down over 48% from its recent highs, with DOGE crumbling by over 60% from its last year’s high of $0.48. Remittix (RTX), a new PayFi altcoin in presale, has also been picked by top analysts as one of the undervalued cryptos to pile into before the market enters the next…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SUI, SEI, and XYZVerse stir crypto buzz for 2025 — AI offers bold insights that could reshape the next bull run. As the crypto market looks ahead to 2025, two contenders are catching everyone’s attention: SUI and SEI. Which one will emerge as the leader in the next bull run? ChatGPT provides an unexpected viewpoint that could shift current perceptions. These insights might just redefine what to expect from both projects. XYZ achieves G.O.A.T. status, early investors set for…
There exist thousands of crypto exchanges in the crypto industry which marks the unique feature of both blockchain technology and the vast crypto space. Crypto exchanges flourish day by day as the number of cryptocurrencies increases abundantly. These exchanges facilitate traders to enlist and trade their coins. Sometimes the traders are gifted rewards. An example of such an exchange is FixedFloat, the exchange that provides the community with fast and safe services with a variety of virtual currencies. FixedFloat Review: A Lightning Crypto Exchange FixedFloat, the fully automatic crypto exchange with Lightening Network, was launched in 2018 by a group…
Key Takeaways U.S. Senator Sherrod Brown has hinted at the possibility of banning cryptocurrencies. Sherrod stated that cryptocurrencies are “dangerous” and a “threat to national security.” United States Banking Committee chairman Sherrod Brown has hinted at the possibility of banning cryptocurrencies. Sherrod is the head of the Senate Committee on Banking, Housing, and Urban Affairs. Brown, referring to government regulatory bodies- the U.S. Treasury, the Securities and Exchange Commission(SEC), and the Commodity Futures Trading Commission(CFTC) said, “We want them to do what they need to do…maybe banning. He also added that banning crypto is “very difficult because it will go…
Transnational cybercrime gangs in Southeast Asia continue to grow, expanding their reach through crypto and custom blockchain services, the UN reports. Cybercrime syndicates in Southeast Asia are really stepping up their game, and crypto is right at the heart of their growing scams. Even though authorities have been cracking down, these criminal networks are spreading globally, creating a tangled mess from Myanmar to Mexico, according to a United Nations report. The data shows that Southeast Asia has become home to some of the world’s largest and most profitable cybercrime operations, with cryptocurrency playing a central role. According to the report,…