Movement Labs, which launched its own token last December, received $100 million in investment. Movement Labs, the company behind Movement, a layer 2 network on Ethereum, is close to closing a $100 million Series B funding round, Fortune reported. After the financing round, the company will be valued at around $3 billion, sources said. The…
Ripple (XRP) is once again generating buzz. Analysts believe its price might reach $6 during the current bull cycle. This forecast comes amid the ongoing 30% dip from its cycle peak of $2.92, with XRP demonstrating good signs of recovery and market confidence. Potential market recovery following continuous whale accumulations and several macroeconomic conditions like…
The crypto market is in constant flux. With both major players and emerging altcoins jockeying for spots. Recent fluctuations, such as the enormous 99.28% drop brought on by SHIB whales. Which highlights the volatility in the space. With market conditions changing rapidly, it’s critical to seek the best crypto presale opportunities that promise significant returns….
San Francisco-based blockchain developer team Movement Labs is set to close a $100 million funding round as the company seeks fresh capital amid a resurgent crypto market. The Series B round will value the blockchain developer behind Movement, an integrated blockchain network and layer 2 on Ethereum (ETH), at $3 billion, Reuters reported on Jan….
Ripple’s market activity reflects a period of equilibrium, with buyers and sellers locked in a standoff. The lack of volatility underscores indecision, emphasizing the need for a breakout to define the cryptocurrency’s next direction. XRP Analysis By Shayan The Daily Chart XRP’s price action has been confined within a wedge pattern since facing rejection at…
Not long ago, MicroStrategy accumulated 1,070 Bitcoins for $101 million, which has attracted the attention of investors. On the other hand, Michael Saylor has unveiled that the firm bought 258,320 BTC in 2024, whose worth is estimated to be $22.07 billion. Schiff argued that the exploited Bitcoin purchase move will lead to the MSTR stock…
13h15 ▪ 3 min read ▪ by Evans S. The world of crypto is evolving at a breakneck pace. Even the most promising collaborations do not always guarantee an immediate price increase. This is exactly what we observe with Ripple and Chainlink, whose partnership has not prevented their tokens, XRP and LINK, from suddenly declining….
Join Our Telegram channel to stay up to date on breaking news coverage The Pepe price dropped 9% in the last 24 hours to trade at $0.00001841 as of 11:11 p.m. EST on trading volume that surged 33% to $1.9 billion. Pepe Aims For A Price Recovery The PEPE price daily chart reflects a recent…
What Happened in Crypto Market: Why Crypto Market is Down Today? Crypto Drops as Bitcoin Hits $96K, $560M Liquidated Dogecoin slumped 10%, leading crypto losses as Bitcoin fell to $96K, driven by stronger U.S. economic data that raised Treasury yields. Major tokens like SOL, ADA, and ETH fell 7%, while $560M in long positions were…
Rising to be a lighthouse for investors looking for exponential profits, Rexas Finance (RXS) is sweeping the cryptocurrency scene. With its presale price of $0.175 as of writing, RXS is set for an impressive 11,328% increase and is daringly estimated to reach $20 by the end of 2025. Whales from well-known cryptocurrencies such as Solana…
Shiba Inu lead developer Shytoshi Kusama has recently commented on the utility of SHIB, BONE, LEASH, and the soon-to-launch TREAT token. This has gained notable traction from the investors, as the market participants eagerly await the launch of the TREAT token, expected on January 14. Simultaneously, Kusama also unveiled a vision towards “Shib Network State”…
An FTX creditor Lidia Favario has raised concerns about the excessive spending by bankruptcy managers handling the defunct exchange’s proceedings, according to a court filing. In a letter to Judge John Dorsey, Favario described the spending as extravagant and inconsistent with the Department of Justice (DOJ) guidelines on reasonable expenses. Questionable expenses Favario cited specific…
This is a segment from the Empire newsletter. To read full editions, subscribe. If you ask most people how they’re feeling about the next year, you’re more than likely to get a bullish response. GSR’s Toe Bautista is among those who think crypto could continue its upward momentum, especially since it can leech off of…
With the leading crypto taking center stage this year, $5.4 trillion asset manager Fidelity has said that governments are likely to buy Bitcoin in 2025. Indeed, the financial services firm has projected that nation-states and central banks could be poised to be the next significant investors in the asset. Amid the asset’s surging popularity last…
The crypto market experienced its first significant correction, shedding over $227 billion in value. Bitcoin’s drop below the $100,000 mark triggered declines across several altcoins, adding to the bearish momentum. BeInCrypto has analyzed three altcoins that have captured attention and are trending today, trending for unique reasons amidst the market turmoil. SonicSVM (SONIC) SONIC gained…
Finnish police seized over $2.6 million worth of luxury watches from Hex founder Richard Shueler (also known as Richard Heart.) Finland’s national broadcaster Yleisradio Oy (Yle) reported yesterday that local law enforcement seized 20 luxury watches (most of which were Rolexes) from Shueler, who is wanted for tax evasion nationwide. The goods—worth a total of…
Orange Finance warned all its users not to interact with its smart contracts on Arbitrum, as they have been compromised by a hacker. The attacker also withdrew funds from some of the contracts, with losses up to around $840K. Orange Finance’s smart contracts on the Arbitrum network have been compromised, and funds have been stolen….
Long said Ripple’s stablecoin will soon be available on other exchanges, but didn’t give an exact timeframe Various crypto spot ETFs are expected this year and Long believes XRP will be next after Bitcoin and Ether With a new US administration, it’s expected that ETF approvals will speed up Monica Long has said she expects…
Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million. $86M Outflow Hits Ether ETFs Amid Modest Bitcoin ETF Gains According to Sosovalue stats,…
The cryptocurrency market has gained momentum in the new year, with Dogecoin (DOGE) and XRP crypto showing significant growth. Over the past week, XRP gained nearly 20%, while DOGE surged by 26%. Despite these gains, neutral funding rates suggest potential for sustained recovery. DOGE, XRP Crypto Show Neutral Funding Rates According to market data, XRP…