Deep-pocketed traders triggered a price crash over the weekend after depositing a huge chunk of an altcoin’s supply to digital asset exchanges. According to blockchain tracking firm Lookonchain, whales in the Bounce (AUCTION) market have been greatly influencing the altcoin’s price action for the past week, causing massive swings in both directions. Bounce Finance is
A new survey by the crypto data aggregator CoinGecko finds that less than 50% of investors are bullish on artificial intelligence (AI)-based digital assets. CoinGecko polled 2,632 anonymous crypto investors around the globe between February 20th and March 10th of this year to gain insights on the merger of cryptocurrencies and AI. Results show that
A popular crypto strategist believes that memecoins will have their day under the sun after getting crushed over the last few months. Pseudonymous trader Altcoin Sherpa tells his 244,300 followers on the social media platform X that he expects meme tokens to eventually take center stage, highlighting that the crypto sector relies on trader attention.
The chief executive of the world’s largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting firms in the world. According to a new report by Reuters, Tether CEO Paolo Ardoino says the company is in talks with one of the Big Four accounting firms – KPMG, Deloitte, EY
An Ethereum (ETH)-based altcoin is skyrocketing after gaining support from South Korea’s second-largest crypto exchange. In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset. News of the event caused ACX to surge, as it went from a
Binance is planning on launching trading support for the new native asset of a decentralized network focused on secure data storage. Binance Launchpool, which lets users stake coins to farm new assets, says its 65th project will be Nillion (NIL), a secure computation network that decentralizes trust for high-value and private data. Explains the project,
Venture capital firms have invested more than $400 million into the layer-1 asset Toncoin (TON), according to the team behind the project. The Open Network Foundation, also known as the TON Foundation, notes that investors include Sequoia Capital, Ribbit, Benchmark, Kingsway, Vy Capital, Draper Associates, Libertus Capital, CoinFund, Hypersphere, SkyBridge and Karatage. TON was initially
The new native token of an artificial intelligence (AI) bot project surged by more than 23% after Coinbase added the asset to its listing roadmap. Freysa AI’s native asset, FAI, is trading at $0.0226 at time of writing, up from around $0.0183 a day ago. The 298th-ranked crypto asset by market cap launched in late
The top US-based crypto exchange platform Coinbase is announcing the addition of three new Ethereum (ETH)-based altcoins to its listing roadmap, premeditating rallies. In a new thread on the social media platform X, Coinbase says its listing decentralized roll-up protocol AltLayer (ALT), decentralized finance network Pendle (PENDLE), and gamified learning platform Layer3 (L3) to its
A widely followed crypto analyst says that modular blockchain Celestia (TIA) looks primed to rip while updating his outlook on Bitcoin (BTC). In a new thread, crypto trader Michaël van de Poppe tells his 782,100 followers on the social media platform X that the layer-1 network’s real run begins after it breaks above the $4.35