The CEO and co-founder of the real-world asset (RWA) crypto project Mantra (OM) unveils a plan to bring back community trust following a massive sell-off of the blockchain’s token. On Sunday, the value of the OM token plunged from a high of $6.35 to a low of $0.37, representing a huge drop of 94%. The
The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday. The project, launched in 2018, is a Web3 communications open-source protocol that aims
A widely followed crypto analyst says one Solana (SOL) competitor may be gearing up for a breakout. In a new thread, crypto trader Michaël van de Poppe tells his 783,000 followers on the social media platform X that Sei (SEI) may increase more than 100% its current value if it breaks through a key resistance
The former Chair of the U.S. Securities and Exchange Commission (SEC) Gary Gensler is warning that the future of non-Bitcoin (BTC) crypto assets is looking bleak. In a new interview on CNBC’s Squawk Box, Gensler says that most altcoins lack solid economic fundamentals and are almost entirely propped up by sentiment, putting them at high
Ethereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK tokens. The breach, which targeted the platform’s smart contract infrastructure, has been acknowledged by the protocol through a post to the social media platform X. “ZKsync security team has identified a compromised admin
A closely followed crypto analyst believes one Solana (SOL)-based meme token is gearing up for further swings to the upside. Pseudonymous trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) will likely break through the $1 resistance level after putting up massive gains in the
Popular economist Henrik Zeberg believes Bitcoin (BTC) and crypto will witness a huge burst to the upside due to central bank intervention. Zeberg tells his 179,800 followers on the social media platform X that he thinks the global economy is slowing down to the point that it is transitioning from growth to contraction. While the
A closely followed trader believes that the layer-1 protocol Solana (SOL) may have just flashed a strong bullish reversal signal. Pseudonymous trader Inmortal tells his 231,500 followers on the social media platform X that Solana appears to have set a massive bear trap earlier this month when the price of SOL briefly dropped below $100.
The CEO of a real-world asset (RWA)-focused crypto project is alleging that centralized exchanges may have played a role in the sudden collapse of the project’s native token. The market cap for top RWA project MANTRA (OM) plummeted by $5.431 billion on Sunday – declining from over $6.11 billion to $683.3 million in a matter
President Trump’s official memecoin (TRUMP) is about to go through a massive token unlock worth about $341 million. According to crypto tokenomics data aggregator Tokenomist, 40 million TRUMP tokens will be unlocked on the open market on April 18th. With 199 million TRUMP tokens currently in circulation, the unlock represents about 20% of the memecoin’s