Category: Cryptocurrency News

XRP price faces a double bearish divergence which could trigger a 25% correction.

A distribution notice from FTX Digital Markets showed that the initial group of claimants could expect the value of their funds to be returned plus interest.

Sol Strategies has strengthened its validator operations and SOL holdings, acquiring an additional 40,300 SOL worth $9.93 million. Expansion of SOL Holdings and Validator Operations Remain Key for Sol Strategies Sol Strategies Inc., a publicly traded Canadian firm focused on the Solana blockchain, has announced significant validator growth and expanded SOL holdings. Between Jan. 19-31, […]

After receiving a considerable backlash in the market recently, US President Donald Trump’s meme coin found an unlikely ally: Ark Investment’s CEO Cathie Wood. Related Reading: Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation In an interview with Bloomberg, Cathie Wood boldly claimed that launching Trump’s meme coin is good for the industry and signals a paradigm shift. Wood claimed its launch was a “meme coin moment” and would help the crypto industry establish its claim as a legitimate digital asset. She further compared Trump’s meme coin launch to the initial coin offerings (ICO) campaigns for 2017. During this period, thousands of crypto projects raised huge amounts, paving the way for creating popular projects like Chainlink, the EOS network, and Ethereum. TRUMP Meme Coin: Relying On A ‘Meme-Only’ Utility President Donald Trump surprised the broader crypto market by launching his official cryptocurrency on the Solana blockchain last January 17th. As expected, the TRUMP token surged immediately after listing and gained plenty of attention when Trump officially took office. Then, the token hit an all-time high of $77 days after its debut in the market. However, the TRUMP token failed to sustain its impressive price surge and soon dropped massively. The token is currently trading at around $17, putting into question the asset’s use cases. According to Cathie Wood, the only confirmed use case for this meme coin is its connection with the current US president. Still A No-Buy For Cathie Wood Interestingly, Wood issued a few statements about the Trump coin in January. Just days after the coin’s launch, Wood said the project lacked a real-world use case and that she’s staying away from meme coins. Today, Wood sings a different tune and sees potential value for the TRUMP coin. In the same Bloomberg interview, she shared one rumor that holders will be allowed to meet President Trump. However, Wood’s statement remains unconfirmed and just pure speculation. Related Reading: Trump Effect? Solana Stablecoin Supply Jumps 73% Since Mid-January Wood, Ark Investment Focused On Top Cryptos Although Wood appreciated the role of the TRUMP token in ushering in a new era for crypto, she insisted that she would not invest in meme coins. She added that her company has generally avoided meme coins for their lack of use cases. Instead, Ark Investment is focused on the top cryptocurrencies like Bitcoin. In addition to Bitcoin, Wood is looking at Solana and Ethereum for their role in DeFi projects and smart contracts, which will have plenty of use cases in the future. Featured image from Protos, chart from TradingView

Hey people Some weeks ago, I made a transaction on an upcoming token. Using eth blockchain. There was the opportunity to buy directly without a linked wallet (chooses that cause of lack of trust in the recommended wallet, but got that later). Made a direct transaction. Now I cannot reach out for these tokens. The…
Read more

Altcoin Daily’s Austin Arnold discusses how global events and Trump’s influence are shaping the crypto bull market.

As chronicled by blockchain forensic expert Zachxbt in a recent investigative report, operatives linked to North Korea attempted to transfer 46,300 XRP to a digital asset platform but committed a critical misstep by omitting a mandatory destination identifier. Blockchain Expert Zachxbt Exposes North Korea’s Costly XRP Mishap This oversight—akin to mailing a letter without a […]

Canadian national Andean Medjedovic has been accused of committing the $48-million exploit on DeFi protocol KyberSwap.

Crypto analyst Merlijn has described the Bitcoin price crash to $91,000 as a major bear trap as optimism returns to the market. The flagship crypto had dropped to this level following a wave of weekend sell-offs but has since recovered above the psychological $100,000 level.  Bitcoin Price Crash To $91,000 Termed “Biggest Bear Trap” In an X post, Merlijn described the Bitcoin price crash to $91,000 as the “biggest bear trap of this cycle.” The analyst noted that this happened in the 2017 and 2021 bull runs and has now occurred in this 2025 bull cycle. He is optimistic that Bitcoin and other crypto are well primed to rally to new highs, remarking that every major bull run had a final bear trap before sending it.  Related Reading: Bitcoin Price Aims For $150,000-$170,000 With Wave Formation, Here Are The Details The Bitcoin price had crashed to $91,000 following a wave of sell-offs, which was sparked by Donald Trump’s tariffs on Mexico, Canada, and China. This raised concerns about a trade war as Mexico and Canada moved to announce tariffs on imports from the US in retaliation. However, this turned out to be a bear trap, as BTC quickly reversed its weekend loss on Monday.  The Bitcoin price reclaimed $100,000 as the US, Mexico, and Canada agreed to a one-month pause on these tariffs. The rally to the psychological $100,000 level has again sparked optimism in the crypto market, especially with altcoins rebounding alongside the flagship crypto. Merlijn warned market participants that they can either choose to get shaken out or be positioned for the biggest move yet. Merlijn also shared a chart that showed that the bull cycle is far from over. Based on the chart, the Bitcoin price will still go through the renewed optimism, FOMO, and Euphoria phase before it tops in this cycle.  What’s Next For BTC? In an X post, crypto analyst Rekt Capital stated that the Bitcoin price needs to record a daily close above $101,000 and retest it successfully to reclaim it into support. He added that a successful reclaim of this price level could lead to an uptrend continuation, with BTC rallying to around $103,000. Based on the accompanying chart he shared, the next crucial resistance for the Bitcoin price is around $106,148. Related Reading: Bitcoin Upper Band Moves Above $105,400 – Where Price Is Headed Next Crypto analyst Titan of Crypto asserted that Bitcoin’s bull market is still intact. According to him, the bullish trend remains valid as long as BTC holds a monthly close above the 38.2% Fibonacci retracement level. In an X post, he highlighted a continuation pattern that could send the Bitcoin price as high as $117,000 in the short term.  At the time of writing, the Bitcoin price is trading at around $99,500, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

The fund is part of the growing RWA tokenization sector, which refers to financial and other tangible assets minted on the immutable blockchain ledger.