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Author: Isabella Taylor
CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the past three days. At current market prices, the accumulated amount of BTC positions is worth $5.34 billion. “This is the largest liquidity increase in the past year,” said Adler. According to data from CoinGlass, in the past 24 hours, long positions on Bitcoin have gone…
The blockchain realm has been a revolutionary form of innovation in the 21st century. However, the expanding acceptance as well as increasing popularity of blockchain has given rise to a plethora of blockchain networks. That’s true! Thus, it has led to the high fragmentation of the blockchain ecosystem, thereby giving rise to interoperability concerns. This is when cross-chain bridges come into the picture. The emergence of cross-chain bridges has been a breath of fresh air for the entire blockchain community. Cross Chain Bridges in crypto facilitate composability across diverse blockchain networks. Let’s explore deeper to understand how cross-chain bridges support…
The U.S. Securities and Exchange Commission has formally ended its legal battle with Hex founder Richard Schueler, widely known as Richard Heart. In a letter to New York District Court Judge Carol Bagley Amon, which Heart shared on X, the SEC stated that it “does not intend to file an amended complaint,” thereby allowing the earlier court dismissal to stand. As previously covered on crypto.news, the SEC had sued Heart in July 2023, accusing him of raising over $1 billion through unregistered securities offerings tied to his crypto projects, Hex (HEX), PulseChain (PLS), and PulseX (PSLX). Heart was also accused…
The evolution of the internet has been a hot topic for discussion in the domain of technology, leading to growing awareness about Web3. Many people know it only as the third generation of the internet that promises a decentralized web experience to every user. One of the interesting highlights underlining this new phenomenon is the smart contracts web3 interplay that has powered many projects. The first phase of the internet involved the use of static pages that published information. In the next stage, the internet introduced social media and interactive applications focused on user-generated content. Web3, the latest phase of…
U.S. stocks surged Tuesday, recouping steep losses from the previous session, as investors bet on easing trade tensions between the U.S. and China. The Dow Jones Industrial Average rose 1,009 points, or 2.7%, while the S&P 500 gained 2.4% and the Nasdaq Composite climbed 2.5%. Markets spiked after Treasury Secretary Scott Bessent told a group of investors that the current U.S.-China trade standoff is “unsustainable” and signaled that a “de-escalation” is likely. “No one thinks the current status quo is sustainable,” Bessent said during a JPMorgan-hosted meeting, according to sources cited by Bloomberg. Stocks closely tied to China responded positively,…
Genre-defining launch of a play-to-earn mobile MMORPG that blends strategy, adventure, and cutting-edge technology, powered by GPS, AR, AI, and blockchain planned for this year For the past three years, the team behind Chaos on the Chains has been quietly crafting an experience that pushes the boundaries of mobile gaming. Fusing AR, AI, and GPS technology into a stylized low-poly world, this upcoming MMORPG invites players to explore real-world locations, conquer lands, and meet heroes spanning from ancient legends to futuristic warriors. The finish line is in sight, with the final stretch of development planned over the coming months, and…
XRP has recently defended a key value area low after printing a swing failure pattern, hinting at a potential rotation toward higher levels. While the setup looks promising, volume confirmation will be essential to sustain the move. Ripple (XRP) is currently holding above a critical value area low around the $2 mark, establishing a solid base following a swing failure pattern at $1.60. This rejection of the lows offers a bullish signal within the ongoing structure and sets up a potential 15% move toward the value area high, which aligns with descending channel resistance on the daily timeframe. This channel…
Securitize and Apollo have teamed up to launch a diversified credit fund. The Apollo Diversified Credit Securitize Fund, ACRED, goes live on Aptos, Avalanche, Ethereum, and Solana blockchains. Tokenization platform Securitize has partnered with $730 billion alternative asset manager Apollo to bring a new tokenized credit fund on-chain. Securitize announced on Jan. 30 that it had collaborated with the NYSE-listed Apollo to launch the Apollo Diversified Credit Securitize Fund on several major blockchains. The fund, ACRED, will offer tokenized access to a diversified credit strategy, with support available on Solana, Ethereum, Aptos, Ink, Avalanche and Polygon networks. BREAKING: APOLLO TOKENIZES…
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity. According to data from crypto.news, SUI (SUI) has gone up 31.8% in the past 24 hours of trading. Throughout the past few days, the token has managed to maintain its rising streak, having gone up by 41.4% in the past seven days. SUI crypto is currently trading hands at $2.94, nearing the $3 threshold. However, it is still 45% below its all-time high of $5.35 from early January this…
Memecoins like Dogecoin and PEPE have shaken up the crypto market with their explosive growth and wild volatility. While these tokens continue to dominate many conversations, a growing number of investors are beginning to look beyond the hype for projects with real-world applications – projects like 1Fuel (OFT). With smooth cross-chain transactions, security-focused solutions, and a vision for real-world crypto adoption, 1Fuel is quickly becoming the go-to investment for those DOGE and PEPE holders that are seeking a high-growth opportunity with real-world utility. Let’s find out why. Is hype enough? Why DOGE and PEPE investors are looking elsewhere Dogecoin (DOGE)…