Category: Cryptocurrency News

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Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to lead the regulatory charge in the Latin American nation. The goal is to introduce a strategic bitcoin reserve proposal later this year. Chile to Consider Strategic Bitcoin Reserve Proposal This Year Chile, a country not particularly known for its […]

The Cardano price has been in red-hot form over the past few days, making a highly anticipated return to above $1 on Friday. This recent bullish momentum made ADA the best-performing asset among the top 10 largest cryptocurrencies in the past week. While this burst of positive price action could be linked to the improving climate of the altcoin market, it appears that the increased activity of large holders (whales) is responsible for the latest price surge. Here’s how much the ADA whales bought in recent days. Cardano Whales Purchase 40 Million ADA In 2 Days Prominent crypto analyst Ali Martinez revealed in a new post on the X platform that the Cardano whales have become increasingly active in the market over the last few days. This on-chain observation is based on the increase in the holdings of investors who own between 10 million and 100 million coins. Related Reading: Analyst Says Dogecoin Price Can Break To $0.48, But This Needs To Happen First The investor cohort under review is a class of whales, which refers to entities that wield significant influence over the market due to the amount of cryptocurrencies they own. Many investors pay attention to this class of large holders, as the market often reacts to their movement. According to data from Santiment, Cardano whales acquired more than 40 million ADA tokens (worth about $42.8 million at the current market value) in 48 hours. This level of buying activity highlights the strong faith in the asset’s promise despite the sluggish market climate. As seen with the price action over the past few days, increased whale activity can have a positive impact on the price of Cardano. Hence, sustained buying activity could see the altcoin’s price to its highs of early December 2024. What Next For Cardano Price? As of this writing, the Cardano price sits just above the $1 mark, reflecting a nearly 2% decline in the past 24 hours. However, this negative performance has barely impacted the altcoin’s weekly gain, which currently stands at around 26%. In another post on X, Martinez revealed that the Cardano price is playing out like it did in the previous cycle. During the last bull cycle, the ADA token grew exponentially in less than a year, reaching the current all-time high price of $3.09. Related Reading: XRP Price Prediction To $4.9: How The 1-Day 50 MA Will Drive The Next Wave The analyst believes that if the altcoin follows the recent historical pattern, a move to $4 could be imminent. However, from the highlighted chart, the Cardano price might travel as high as $6 before hitting a major roadblock. Featured image from Solodev, chart from TradingView

Welcome to the Ethfinance Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. As always, be constructive. – Subreddit Rules Want to stake? Learn more at r/ethstaker Ethfinance Ethereum Community Links Ethereum Jobs,…
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Amidst a general crypto market rally, the price of Ethereum surged by 8.07%  in the past week marking a return into the $3,600 price zone. Despite this price gain, the Ethereum Spot ETFs recorded a net weekly outflow of  $38.20 million, ending a five-week positive streak.  Interestingly, the underperformance coincided with the Bitcoin Spot ETFs managing a return to the green track as they recorded their lowest positive inflows in the last five months. Related Reading: Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon? Ethereum Spot ETFs Open 2025 On Negative Note Following the US elections in November, the Ethereum Spot ETFs alongside other crypto-related markets registered a massive level of investor interest tied to the expectations of a pro-crypto government led by President-elect Donald Trump.  Despite a significant wide-scale crypto price correction in which ETH price dropped by 23%, interest in the Ethereum Spot ETFs remained strong with an estimated $2.11 billion recorded in net inflows over the month.  However, data from SoSoValue shows these Ethereum ETFs have now experienced a net outflow of 38.20 million in the first trading week of 2025, indicating a change in US institutional investors’ sentiments. Bitwise’s ETHE accounted for the largest outflows valued at $56.11 million, followed by Grayscale’s ETHE, which recorded around $51.62 million in withdrawals. Franklin Tempton’s EZET also registered outflows to the tune of $3.11 million.  Meanwhile, Fidelity’s FETH experienced the largest inflows in the past week with investments of $38.42 million as BlackRock’s ETHA emerged second with $33.88 million in new deposits. Grayscale’s ETH witnessed modest inflows of 1.10 million as 21 Shares’ CETH and VanEck’s ETHV saw no market flows at all. At press time, BlackRock’s ETHA remains the most attractive Ethereum Spot ETF with total cumulative inflows of $3.56 billion. However, Grayscale’s ETHE maintains market dominance with net assets of $5.07 billion. Despite the recent weekly net outflows, the Ethereum Spot ETFs have experienced remarkable growth in the past few months resulting in a current total net assets of $13.03 billion representing 3% of the Ethereum market cap. Related Reading: Ethereum Battles Bearish Retail Sentiment Amid Surging ETF Demand Bitcoin ETFs Register $245 Million Inflows As 2025 Begins While Ethereum Spot ETFs saw another week of negative returns, their Bitcoin counterparts recorded $244.99 million in weekly inflows, driven by a substantial $908.10 million investment on Friday. Total net assets in the Bitcoin Spot ETF market is now valued at $111.46 billion with the BlackRock’s IBIT asserting a 48.68% market dominance.  At the time of writing, Bitcoin continues to trade at $97,638 with the market price of Ethereum hovering around $3,660. Featured image from Lxme, chart from Tradingview

2025 is all set to be an exciting year for crypto. With Donald Trump winning the U.S. presidential elections and promising to support cryptocurrency and rally behind the increasing interest of retail investors, this could be one of the most transformative years for the industry ever. Great transformations often bring mind-boggling rewards, so now is undoubtedly a great time to invest in crypto tokens that might just turn out to be multi-baggers of monumental proportions. The cream of the crop, as per our analysis and market sentiments, is $WEPE, which recently hit a record-breaking presale revenue of $40 million. Keep reading to find out four other tokens that are equally promising and worth investing in 2025. 1. Wall Street Pepe ($WEPE) Wall Street Pepe ($WEPE) is one of the most trending meme coins at the moment. Its presale started in November 2024 and has so far raised more than $40 million. The $WEPE presale is expected to end in February, so there’s still plenty of time for its presale collection to reach record-breaking heights. The biggest reason behind such tremendous performance is the uniqueness of the project. It provides community members with unique insights into the market so that they can make better decisions. It’s important to note that until now, retail investors have had a hard time making big in the crypto space because they were mostly controlled by “crypto whales.” However, $WEPE has broken down barriers and made it easier for smaller investors to access the same information and opportunities as the big shots. $WEPE is currently available for purchase at $0.00036641 per coin – and future annual yields are currently estimated to be just over 150%. ChatGPT’s predictions for $WEPE are even more ambitious. It says that returns could vary between 10x and 100x. Well, that’s a huge range, and it’s too soon to know whether $WEPE can be the next 100x coin. However, one thing’s almost certain: you have a winner at hand. With the price increasing every few days, there’s no time like the present to hop in. 2. Meme Index ($MEMEX) $MEMEX represents the Meme Index, an interesting new project that lets you invest in a diverse basket of crypto tokens. It works a lot like mutual funds. Instead of spending all your money on one token, you get a basket of tokens so that even if one token performs poorly, you still have a chance of turning a profit with the cumulative positive results of other tokens. Currently, there are four indices (baskets) to choose from: the Titan Index, the Moonshot Index, the Midcap Index, and the Frenzy Index. Each of these offers a unique advantage over the others, and you can choose one as per your goals and preferences. For instance, if you want to be able to aim for high rewards, the Frenzy Index might be for you. However, do note that it also comes with high risk. Check out how Meme Index sorts meme coins. Coming back to the token, it went into presale in early December 2024. However, unlike $SOLX or $WEPE, $MEMEX’s presale has been a little slow, but we’re expecting better performance as the year progresses. Currently, the token is priced at $0.0149234, but experts say it can hit $0.0172 by the final quarter of the year. 3. Solaxy ($SOLX) $SOLX is also one of the hottest tokens available right now. It represents Soldex, the decentralized exchange (DEX) on the Solana blockchain that allows investors to make direct transactions, without any middlemen. The token is currently in presale and has already raised over $8.3 million. At the time of writing, the token is priced at $0.00159, but experts are predicting that by the end of 2025, the prices might jump to $0.00879, which is a staggering 550% increase from its current value. Unlike some of its competitors that are expected to lose value after this year, Solaxy will likely keep growing well into 2026, too, and hopefully till 2030 before finally coming to halt at approximately $0.0340. Some experts also believe that $SOLX has the potential to be the next 100x token. This is primarily because of two reasons. First, the platform is offering investors staking rewards, which means they can earn passive income from their investment. This is quite an incentive for them to not sell the token immediately after listing. Secondly, SOLX will be used in transactions on the Solaxy Layer 2. So, traders who are planning to use the platform will hold onto their SOLX tokens instead of selling them. These two factors will not only prevent the price of the token from dropping but might also encourage steady growth. 4. Pudgy Penguins ($PENGU) PENGU isn’t just any other meme coin. It’s the official token of the Pudgy Penguins NFT collection, which consists of over 8,888 unique cartoons of adorable penguins. For those unaware, the Pudgy Penguins NFT collection is an Ethereum project that was launched in July 2021 and quickly grew into one of the biggest NFT projects in the industry. Coming back to PENGU, it was launched on the Solana blockchain and soon managed to overtake BONK (the former largest meme coin on Solana). PENGU has allowed Pudgy Penguins to expand beyond its NFT origins and establish itself in the web3 ecosystem. PENGU launched on December 17 for $0.003375. After hitting a record high of $0.0684, it quickly hit a record low of $0.0114. However, after the first couple of days of roller coaster action, it has nicely settled on a steady upward curve and is currently priced at $0.041. For the rest of the year, the token is expected to maintain an average price of $0.045 with the maximum potential of reaching around $0.068. 5. Fartcoin ($FARTCOIN) Fartcoin is a new meme token created on the Solana blockchain on October 18, 2024. It allows users to claim free tokens by submitting fart jokes. Initially after its launch, investors didn’t think it had much potential. It all started out as a joke. Basically, it was a suggestion by the Truth Terminal crypto AI chatbot to create a token based on Elon Musk’s alleged amusement with fart jokes. Naturally, no one had any expectations from this token. However, soon the token defied all predictions and went viral, even soaring past Dogecoin. Today, its global capital stands at more than $1.5 billion. It’s hard to say what exactly contributed to Fartcoin’s massive growth. Perhaps the absurdity of the whole project is what made it unique. Plus, there’s a “Gas Fee” feature that emits a fart sound every time a transaction is made, which, again, is quite amusing. Regardless of its start, though, Fartcoin is now expected to keep growing. Currently priced at $1.34, experts suggest it’ll hit its peak in July 2025, when it’ll be priced around $1.8165801. Bottom Line All the tokens on the list have the potential to churn out a handsome return on your investment, but as you can clearly see, the potential for $WEPE and $SOLX is much bigger. Regardless of the token(s) you choose, we recommend doing your own research, which will give you the required confidence in your investment. Needless to say, cryptos are highly volatile, and the picture that we have right now might not be the same a few days, let alone weeks, down the line.

After an unprecedented rise in decentralized exchange (dex) and perpetuals volumes last month, these decentralized finance (defi) platforms have witnessed $52.81 billion in trading volume across the initial four days of January 2025. Uniswap and Hyperliquid Dominate Defi Trading Volumes in 2025 The new year kicks off with a promising note, as the crypto economy’s […]

Hello, I decided to try pirate chain crypto back in 2020 and didn't pull out when everything was crashing and all the whales took the money. So i lost a lot of money. Just recently I decided to cash out what i have worth around 733 pirate so I used simple swap, I checked out…
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