What makes good money in the Information Age? The quality of a monetary product is primarily attributable to it being (1) recognizable, (2) scarce, (3) censorship-resistant, (4) durable & indestructible, (5) extensible, (6) salable, (7) portable, (8) fungible, (9) private and (10) divisible.
The greatest disruptive innovation in monetary history was published on October 31, 2008 by the pseudonymous Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System which outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and generate a transparent record for anyone to inspect in nearly real-time.
As shown with Bitcoin over the past decade the market takes a monetary product as it currently is along with speculation of what it may become instead of what it was.
It took approximately eight years before a similar disruptive monetary innovation was published when the pseudonymous Tom Elvis Jedusor placed the original MimbleWimble white paper on a Bitcoin research channel and then disappeared.
In the 49 page formal math proof published in 2018 titled Aggregate Cash System: A Cryptographic Investigation of Mimblewimble [https://eprint.iacr.org/2018/1039.pdf], Fuchsbauer, et. al. concluded, “In this paper, we provide a provable-security analysis for Mimblewimble. We give a precise syntax and formal security definitions for an abstraction of Mimblewimble that we call an aggregate cash system. We then formally prove the security of Mimblewimble in this definitional framework. Our results imply in particular that two natural instantiations (with Pedersen commitments and Schnorr or BLS signatures) are provably secure against inflation and coin theft under standard assumptions.”
A Mimblewimble based coin enables greater network scalability, privacy and fungibility than legacy blockchain protocols. All transactions on the base layer use CoinJoin with Confidential Transactions and signature aggregation. Whale alerts are not even possible with extremely scalable ghost money. But as with everything there are trade-offs in fundamental characteristics that each monetary product must make.
In a 2016 podcast Bitcoin core developer Peter Wuille stated,
“Introducing Mimblewimble into Bitcoin in a backwards-compatible way would be a difficult exercise. It may not be impossible, but it would be hard. I think the way if people were experimenting with this, I would expect it to be an experimental separate chain or sidechain. In a sidechain we would not introduce a new cryptocurrency but it would be a separate chain. There are some downsides to Mimblewimble. In particular, it does not have a scripting language…a scripting language is very neat to play with, but it has a privacy downside. Mimblewimble takes this to the other side where you have very good privacy but at the expense of no other features any more.”
Fortunately, there has been significant research done since then and with Mimblewimble these types of scripts and applications are possible: Multi-Signature transactions, time locks, atomic swaps, and hashed time-locked contracts which are the building block of payment channels and Lightning Network.
In January 2019 GRIN and BEAM both launched to extreme anticipation as Mimblewimble base layer coins. However, both have extremely low stock to flow ratios and GRIN does not have a supply cap.
On January 18. 2019, before GRIN launched a developer opened an issue on Github about GRIN’s emission rate and supply cap but was summarily dismissed. Because of GRIN’s lack of interest in a supply cap the developer interpreted that as a green light to experiment with a sounder monetary policy.
In February 2019 MWC was announced as a fork of GRIN. The initial stock of both BEAM and GRIN were created by mining which was highly inflationary. For software development funding, GRIN relies on donations and BEAM allocates part of the block reward to a foundation.
In October 2019 a Bitcoin and MWC atomic swap was completed on testnet.
In November 2019 MWC mainnet launched as an experimental separate chain and has functioned flawlessly according to the consensus rules ever since. The consensus rules provide for a total of 20,000,000 MWC. 10,000,000 will be proof of work mined and the initial stock of 10,000,000 were created in the genesis block.
The MWC initial stock was distributed differently than either GRIN or BEAM by using these three ways: (1) 2,000,000 to the developers for software development work immediately after the genesis block was mined; (2) 6,000,000 about a month after mainnet launched via an airdrop program that has primarily gone to the most grizzled and sophisticated veterans in the crypto-industry: Bitcoin holders who registered with more than 148,000 BTC at the bottom of the bear market between April and July 2019. Some were unclaimed and will either be burned, airdropped or added to the HODL program; and (3) 2,000,000 will be distributed over the infancy years of the project via a HODL program to those who continue to hold MWC. Registration is functional and over 6.7m of 8m MWC are registered. Registered MWC are still fully liquid and can be moved at the user’s discretion.
The MWC developers have stated in the Roadmap, “There are many potential places development resources can be allocated and they will be chosen based on market needs with highest priority given to requests that will primarily benefit and come from the buyers and hodlers of last resort.”
Just because a new monetary product is created does not mean that the market ascribes it any value. Such was the case from January 3, 2009 to January 2011 where Bitcoin traded at less than $0.25.
And such was the case on December 2, 2019 when the MWC airdrop began to be distributed. On December 3rd MWC hit an all-time low of about $0.25 or a market cap of less than $2m.
Bitcoin has clawed its market cap from nothing. Likewise, MWC was nearly worthless, nevertheless, a heartbeat was detected and the speculation network effect started. Some people have started to acquire and hold MWC just in case it might catch on. It seems that fundamentally good products always do eventually.
The MWC difficulty algorithm is based on pure proof of work. Inherited from GRIN was the use of C29 and C31 and, in the future, C32 and C33. Under the consensus rules C29 is scheduled to phase out around November 2019 at a rate of 1% per week. Pure proof of work, which the MWC team considers a superior form of security compared to alternatives like proof of stake, requires a tradeoff between emission rate and security.
As MWC’s price began firming the decision was made unanimously by all interested stakeholders to hard fork MWC, remove the C32 and C33 parts of the consensus code and rapidly harden the MWC emission rate. This would leave MWC the sole coin on the C31 algorithm.
An algorithm for which there is an ASIC designed but not put into production. On January 17, 2020 Innosilicon announced,
“We are sorry to inform you that our Grin product G32 GPU ASIC fabrication has not been supported well by the foundry… so we have to put this production on hold till future clearance. Innosilicon invested huge amount of R&D dollars to complete the innovative CC31/CC32 Grin GPU ASIC design to our satisfaction because we believe in Grin and its core team.”
On March 31, 2019 the MWC hard fork went flawlessly and on April 7, 2019 the emission rate decreased by approximately 75%. The stock-to-flow changed from 6.4 to 25.7. By February 2021 the MWC stock-to-flow will be over 62.
Although still in its infancy, MWC has been consistently trading above a $100m market cap with a monthly mining emission of around $500,000. By market capitalization, this makes MWC the #3 privacy coin behind Monero and Zcash and in the top-15 proof of work coins around Ravencoin and Decred. But in nominal numbers, MWC is minuscule compared to Bitcoin’s $90m of weekly emissions.
MWC is designed to be extremely complementary to Bitcoin and atomic swaps will only strengthen that relationship. Bitcoin can function as an extremely effective monetary VPN.
There seems to be significant information asymmetry regarding Mimblewimble and even the existence of MWC . As a result, it will be very interesting to see how the market responds to this six-month-old monetary product. When performing economic calculation the profits will go to those who calculate correctly and the losses to those who calculate incorrectly. The order book will be the arbiter of opinions.
After all, in an era of pandemic lockdowns, infinite bailouts, rising inflation, draconian wealth taxes and other financial, political and geo-political turmoil it just might be that the market is interested in a monetary product that delivers on being extremely scarce scalable ghost money.
BEAM falls over 3%, trading at $0.0090. Its daily trading volume spikes by 5%. The crypto market has been on a wild ride, fluctuating between gains and losses. While some assets struggle to recover from bearish pressure, Bitcoin and Ethereum remain stagnant. Meanwhile, BEAM has lost its footing, sliding over 3.80%.
In the early hours, BEAM traded at $0.008771, and eventually, it climbed to a high range of $0.009766. After the bulls lost steam, the price likely plunged toward the current trading level.
At press time, BEAM traded within the $0.009085, with its market cap reaching $448 million. Moreover, the asset’s daily trading volume has touched $62.66 million.
BEAM has recorded a gain of over 42.41% in the last seven days. The asset opened the week trading at $0.006373, and it moved up to hit its weekly high at $0.009735.
Where Is BEAM Headed Next? If a mighty bearish momentum builds up, the asset may face serious threats. BEAM could retrace toward the $0.008911 range. A continued downside pressure might trigger the asset fall back to its crucial support range at $0.0087.
Assuming BEAM climbing over the $0.009174 range, it could bring in a retest near $0.009258 resistance. The prolonged bullish correction might reinforce the uptrend and push the asset to mount toward the $0.0095 price zone.
BEAM’s Moving Average Convergence Divergence (MACD) line is found just below the signal line. It indicates a weakening bullish momentum or the early stages of a bearish crossover and also the possibility of a potential downtrend.
Additionally, the Chaikin Money Flow (CMF) indicator settled at -0.16 suggests the money is flowing out of the asset. If it declines further, it could lead to sustained weakness. Meanwhile, BEAM’s daily trading volume is up by over 5.06%.
The Bull Bear Power (BBP) reading of 0.00038 infers the asset is nearly neutral, that neither bulls nor bears have a strong grip within the market. Besides, the asset’s daily relative strength index (RSI) at 64 signals that the asset is in bullish territory.
Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Highlighted Crypto News
XRP Could Trade Above $100 Under Normal Conditions, Claims Crypto Founder
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
In This Article BEAM Crypto Struggling Today Following A Strong April ShowingMIND Of Pepe (MIND) Has Its Own Reward Program With Over 260% Staking APY On Offer For Presale Investors BEAM crypto has begun its Season 2 reward program following a successful Season 1 in April. This new incentive from Beam rewards its users for running validators and staking to secure the network.
Following the success of the reward program thus far, BEAM has surged over 30% in the past two weeks and 13% this week alone. However, it has struggled overnight and is down 9% on the day.
Beam Nodes – Season 2 has now started 🐐
📅 Start date: 2025-05-01 10:29:07
🏁 End date: 2025-05-31 20:58:13
Time to validate is now! pic.twitter.com/KCXVAPRhYR
— Beam (@BuildOnBeam) May 1, 2025
BEAM Crypto Struggling Today Following A Strong April Showing Even with BEAM being down on the day, the launch of its reward program at the beginning of April led to it finishing the month strong. On a 30-day timeframe, BEAM crypto is up over 22%, highlighting the early success of the incentive program for validators.
BEAM is an innovative blockchain that mostly focuses on gaming. The strength of the network has helped its rewards program. Its latest treasury report stated that it has over $238m in holdings, a key reason why it was able to distribute so much BEAM crypto as a rewards incentive.
The Beam documentation on the program says the following;
“Seasonal validator incentive grants by Beam Foundation, from its Treasury. The grant will function as a grant to the Beam Network, and be transferred to an autonomous smart contract. Validators and delegators may, in return for securing and validating the Beam Network, earn rewards from such a smart contract”.
Following the strong performance by BEAM in April, where it went from $0.0053 at the lows to a monthly high of $0.0076, a 25% increase, it has started off in May on rocky footing. Down 10% from yesterday, the short-term picture may look slightly alarming, but when zooming out, a more positive picture can be seen on the chart.
BEAM has been building up pressure under its initial launch price level trendline since mid-December 2024 on the 1-day time frame. With it firmly broken out above that $0.0075 level, BEAM looks set to begin on phase 2 of the Elliott wave pattern seen below.
It is one of the top projects in the GameFi space, with the entire blockchain dedicated to nurturing and launching Web3 gaming projects. Coupled with a healthy treasury, great fundamentals, and a now-blooming rewards program, BEAM crypto looks set to make a run for its 2024 high of $0.039, which would mark a 4.5x return from its current price.
(TRADINGVIEW)
EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now
MIND Of Pepe (MIND) Has Its Own Reward Program With Over 260% Staking APY On Offer For Presale Investors 👁️ $MIND is almost upon us 👁️
In just under 30 days the pre-sale phase of Mind of Pepe will end. 🔥
Are you prepared to Enter the $MIND? 👁️https://t.co/YQZ9DDOeVb pic.twitter.com/3IFT7oh5I4
— MIND of Pepe (@MINDofPepe) May 1, 2025
While BEAM crypto offers incentives for those delegating and validating the network, MIND of Pepe (MIND) offers an incredible 265% APY for investors who choose to stake their presale bag.
Not only is MIND the hottest new AI agent on the market, but the utility on offer even during its presale phase is unparalleled. No other project is offering triple-digit returns for presale staking, which essentially amounts to passive income while waiting for MIND to hit the open markets.
Investors agree, as MIND just smashed past $8.6m in presale funding on the back of the team announcement that the AI agent goes live on May 10. It seems smart money is scrambling to secure MIND at these low prices before the project skyrockets once the Agent officially hits X.
Through cutting-edge LLM (large-language model) technology, the MIND of Pepe agent will be terminally online, conversing, and absorbing key market data, which it will then turn into trading insights, early trend spotting, and project alpha.
All of the information absorbed by the agent will be parsed, dissected, and sent on to holders of the MIND token, offering an insane amount of insight to give investors an edge on the markets.
Aside from the AI agent’s launch in 8 days, the MIND team has also announced that the token presale will conclude at the end of this month. These two catalysts are leading to an influx of community investment.
Once the presale ends, MIND will launch directly onto numerous decentralized exchanges, with rumors of at least one major CEX to follow.
Stay connected with the MIND of Pepe community on X and Telegram to keep updated on the latest news.
Visit The MIND Of Pepe Website And Get Involved Before It’s Too Late
DISCOVER: Best Meme Coin ICOs to Invest in Today
Join The 99Bitcoins News Discord Here For The Latest Market Updates
BEAM crypto begins its season 2 of its rewards program BEAM is up 22% since the beginning of April but 10% down on the day MIND of Pepe is offering 265% APY on presale staking with its AI Agent launching on May 8 #Presales
Why you can trust 99Bitcoins
10+ Years
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
90hr+
Weekly Research
100k+
Monthly readers
50+
Expert contributors
2000+
Crypto Projects Reviewed
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Alex Ioannou
On-Chain Journalist
Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More
Free Bitcoin Crash Course Enjoyed by over 100,000 students. One email a day, 7 days in a row. Short and educational, guaranteed!
BEAM recorded a loss of over 3%, trading at $0.0059. Its daily trading volume exploded by 141%. Yesterday’s bullish spike could not sustain its momentum, and the broader crypto market cap has pulled back to $3.37 trillion. Major assets have returned to recent lows, painting the charts red. Among them, BEAM joined the suit, displaying a bearish price movement with a 3.60% drop in the past 24 hours.
In the early hours, BEAM has recorded its highest price at $0.006614. With the sudden bear encounter, the asset’s price has retraced to q low range of $0.005953. At the time of writing, BEAM trades at $0.005925, with its market cap at $292 million, as per CMC data. Concurrently, the daily trading volume has exploded by over 141%, reaching $58.52 million.
While zooming in on the last seven-day price chart of BEAM, it has recorded a surge of over 12.41%. The asset began the week trading at $0.0052, and later it rose to a high of $0.0064 and to the current trading zone.
What Lies Ahead for BEAM? The four-hour technical chart analysis of BEAM exhibits that the Moving Average Convergence Divergence (MACD) line is briefly above the signal line, indicating a positive sentiment. The momentum should gain strength to confirm the uptrend. Besides, the Chaikin Money Flow (CMF) indicator is found at -0.27, suggesting that the money is flowing out of the asset. Also, moderate selling pressure is present in the market, with potential price weakness.
Notably, the recent trading session reported a brief period of bullish momentum. The price might move up and find its nearby resistance at $0.006059. If the upside correction strengthens, BEAM could steadily climb toward the subsequent resistance mark at $0.006065. Upon breaking this range, the bulls may likely trigger more gains ahead.
On the downside, if the asset’s uptrend fades, it might fall toward the immediate support at the range of $0.006049. Assuming BEAM fails to hold this price level, the potent bears could lead to a steeper drop and reach its key support below the $0.006048 zone. Further downside correction may push the price to its former lows.
BEAM’s current market sentiment is neutral to mildly bullish as the daily Relative Strength Index (RSI) is staying at 55.68. It hints that there is room for upward movement if buying pressure increases. Furthermore, the Bull Bear Power (BBP) value of 0.000094 signals a near balance between bullish and bearish forces.
Highlighted Crypto News
REX Solana Staking ETF Shines on Debut with $33M Volume
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
BEAM recorded a 3% spike, trading at $0.0083. Its daily trading volume has surged by over 83%. With a 2.07% spike in the crypto industry, the market cap hit $4.03 trillion. The broader market sentiment is greedy as the Fear and Greed Index value is holding at 62. The assets are swinging between red and green charts. Meanwhile, BEAM has displayed a 3.14% increase in price in the past 24 hours.
BEAM opened the day trading at a low of $0.00782. With the sudden bullish encounter, the price has climbed to a high range of $0.008834. As reported by the CMC data, at the time of writing, BEAM trades at around $0.008321. Its market cap is $399 million, with the daily trading volume up by over 83.44%, reaching $42.09 million.
Meanwhile, the last seven-day price chart of BEAM has recorded a steady surge of over 18.87%. The asset began the week trading at around $0.0065, and with the bullish power, the price has risen to a high of $0.0088.
What is Next for BEAM — Bullish Breakout or Bearish Reversal? The four-hour technical analysis of BEAM exhibits that the Moving Average Convergence Divergence line is one point below the signal line. It implies the bearish momentum, but a possible bullish crossover may occur if the MACD moves above the signal line.
In addition, the Chaikin Money Flow (CMF) indicator is stationed at -0.02, which is slightly negative, hinting at a mild tilt toward the selling pressure in the market. More capital is flowing out than in. Also, the value is very close to neutral, so the BEAM market is almost balanced.
Assuming the asset is losing ground, the price might slip and find its nearby support at around $0.008316. A sturdy downside correction could send the BEAM price down toward the $0.008311 range. A breakdown of this range would trigger more losses with a death cross.
On the upside, if BEAM’s bulls are awake, the immediate resistance might be found at the $0.008326 range. If the asset’s bulls strengthen, it could lead to a bullish correction, and the golden cross would take the price toward a high of $0.008331 or even higher.
BEAM’s daily Relative Strength Index (RSI) at 55.60 is standing in a neutral to slightly bullish zone. There is enough room for upward movement, with no extreme conditions in either direction. Moreover, the Bull Bear Power (BBP) value of 0.000129 suggests the slightest bullish dominance. Notably, the momentum could swing either way.
Highlighted Crypto News
7% Pop for Cronos (CRO), Bulls in Control or Bears Waiting to Strike?
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
PANews reported on September 19th that, according to SoSoValue data, the crypto market saw three consecutive days of gains. The GameFi sector saw a 24-hour gain of 5.45%. Within the sector, ImmutableX (IMX) surged 26.32%, while GALA and Beam (BEAM) rose 3.74% and 9.14%, respectively. Additionally, Bitcoin (BTC) rose 0.37%, breaking through $117,000, while Ethereum (ETH) fell 0.40%, fluctuating in a narrow range around $4,600.
Other sectors with outstanding performance include: the Layer2 sector rose 4.71% in 24 hours. Within the sector, Optimism (OP) and Mantle (MNT) rose 3.93% and 6.33% respectively; the NFT sector rose 2.35%, and Pudgy Penguins (PENGU) rose 3.42%; the DeFi sector rose 1.31%, and Chainlink (LINK) rose 3.25%; the Layer1 sector rose 0.70%, and Avalanche (AVAX) rose 9.14%.
In other sectors, the PayFi sector fell 0.20%, but Trust Wallet (TWT) rose against the trend by 19.13%; the CeFi sector fell 0.30%, and ApolloX (APX) rose 30.73%; the Meme sector fell 1.43%, and Pump.fun (PUMP) and MemeCore (M), which had previously risen significantly, fell 10.80% and 12.06% respectively.
On Tuesday, Cathie Wood-led Ark Invest made several significant trades, with the most notable being the purchase of shares in Bullish (NYSE:BLSH).
The Bullish TradeIn August, Bullish increased the size and price of its upcoming initial public offering, according to a SEC filing. The cryptocurrency exchange offered 30 million shares priced between $32 and $33 each, targeting a nearly $5 billion valuation.
Other Key Trades:Benzinga's Edge Stock Rankings indicate Bullish stock ranks poorly on Short, Medium and Long Price Trends. Here is how it is stacked against cryptocurrency-exchange Coinbase.
Read Next:
AMD, Super Micro Computer, Upstart Holdings, Pinterest And Rivian: Why These 5 Stocks Are On Investors’ Radars Today Photo Courtesy: viewimage on Shutterstock.com
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
Market News and Data brought to you by Benzinga APIs
Beam (BEAM), a DeFi token, is gaining market attention with rising momentum, according to a revelation disclosed today by market analyst Crypto Tony. Today, BEAM’s price rise (a 10.3% surge recorded earlier today, currently trading at $0.003022) makes the token one of the top gainers today in the cryptocurrency market.
BEAM’s rise is extraordinary as it displays growing strength that is primed to enable it to shoot upwards to significant heights, as per findings from the analyst.
BEAM is a cryptocurrency that powers the DeFi Beam Network, a DeFi ecosystem that allows a wide range of decentralized applications with privacy and scalability. As per the analyst, BEAM is preparing for an incoming pump that could soon give long-term token holders decent returns.
BEAM’s Rebound Driven by Volume and Market Structure Today, the analyst shared technical data that shows the formation of a bullish cup-and-handle pattern on BEAM’s weekly chart. This structure, which has been forming over the past week, indicates a rounded base that started last week (on Saturday, January 17) and a handle that is now building below the recent high of $0.00287. The impressive climb enabled BEAM to reclaim a well-established resistance level at $0.003080 and even reach a high of $0.003119, as illustrated in the data shared by the analyst.
With the formation, the asset is respecting this bullish cup-and-handle pattern, indicating robust, continued developing momentum. By holding firm above the $0.003080 support zone, the asset’s bullish momentum remains active, as the analyst is convinced that BEAM holds strong strength to continue climbing upwards. The analyst believes that the complete formation of the pattern is set to trigger BEAM’s price to break out to the $0.0033 range high resistance mark, which is a 10.25% rise.
The current of Beam is $0.003022. Why BEAM Gains Momentum According to the analyst, increasing trading volume confirms the bullish move, driven by growing buying activity, an indicator pointing that BEAM is ready push the next leg up.
Another strong indicator is the recent data reported by market analyst Santiment. Four days ago, on Thursday, January 22, Santiment released metrics that identified crypto assets that are significantly attracting user social engagements. According to the analyst’s data, Bitcoin (BTC), Beam (BEAM), Ethereum (ETH), Chainlink (LINK), and Tether (USDT) are currently the most talked-about assets in the crypto world, showing their popularity and customer fulfillment.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
PANews reported on April 8th that, according to an official announcement, Coinbase will suspend trading of the following perpetual contracts on Coinbase Advanced and Coinbase International exchanges at approximately 21:00 (UTC+8) on April 21, 2026: TRB-PERP, RARE-PERP, NEIRO-PERP, A-PERP, ME-PERP, XTZ-PERP, KMNO-PERP, RAY-PERP, STX-PERP, ENS-PERP, GMT-PERP, SNX-PERP, 1000FLOKI-PERP, 0G-PERP, ORDI-PERP, NIL-PERP, BIO-PERP, UMA-PERP, BEAM-PERP, INIT-PERP, SOMI-PERP, EGLD-PERP, CLANKER-PERP, SOPH-PERP, and BIGTIME-PERP. Any remaining open positions will be automatically settled during the suspension, with the final settlement price calculated based on the average index price over the 60 minutes prior to the suspension, and the final funding rate set to zero. Coinbase reserves the right to suspend trading at any time and adjust the final settlement price to a reasonable level.
While the market is saturated with thousands of crypto assets, we’ve highlighted a list of tokens under $1 with strong potential for growth.
Investors who missed out on the last bull run hope to participate in this ongoing bull market. Recall that the last bull run in 2021 brought a lot of crypto assets, including Solana (SOL) and Shiba Inu (SHIB), into the limelight, with their prices skyrocketing to unprecedented levels.
As the peak of the bull market edges close, investors are looking for affordable crypto assets with the potential to register significant price growth.
Top 5 Altcoins Under $1 That said, we’ve compiled a list of 5 promising under $1 altcoins that could record massive growth as the bull market progresses. This list is compiled for informational purposes and should not be taken as investment advice.
ClinTex (CTI) The ClinTex (CTI) project is unique in the crypto space. Its blockchain was established specifically for clinical trials and transforming the medicine development industry.
CTI is currently trading at $0.046, with a 24-hour trading volume of $406,198. Data from CoinMarketCap shows that it is the 1,275th biggest crypto asset, with a valuation of $3.78 million.
Like most altcoins, CTI attracted the attention of many investors in 2021 when its price surged to an all-time high (ATH) of $0.39. The token is currently trading on multiple exchanges, such as KuCoin, Gate.io, and Latoken.
Decentraland (MANA) Another altcoin under $1 with strong growth potential is Decentraland (MANA). MANA rallied to an all-time high of $5.39 in 2021 and is currently trading at a discount of $0.50.
The token demonstrated its prowess for significant growth last month when its price surged to around $0.8. However, MANA’s price has plummeted amid the widespread volatility in the broader market. Despite the plunge, top analysts expect MANA to perform exceedingly well in the peak of the bull run.
At press time, the token’s 24-hour trading volume stood at $155.34 million, while its market cap is currently around $938.55 million, ranking it as the 94th-biggest crypto. You can trade MANA on Binance, Kraken, Bybit, OKX, and Crypto.com.
Jasmy (JASMY) Ranked as the 92nd largest crypto by market cap, Jasmy (JASMY) is among the altcoins expected to record significant growth in the peak of the bull run. JASMY is down 20.4% over the past 24 hours to $0.019, being one of the most impacted in the current downturn.
Despite its massive plunge, JASMY has soared 198% year-to-date (YTD). At press time, JASMY is down 99.61% from its peak price of $4.99, registered on February 16, 2021.
The token has a market cap of $953.61 million, with a daily volume worth $220.01 million. JASMY trades across top exchanges like Binance, Coinbase, KuCoin, and HTX.
Mina Protocol (MINA) Mina Protocol is the fourth coin on our list of top 5 sub-$1 crypto assets with strong growth potential. At the time of writing this line, MINA is trading at $0.81, down 20.5% over the past 24 hours.
The decline in price stems from the bloodbath witnessed across the broader market over the past day. Nonetheless, MINA is still expected to record tremendous growth during the bull market’s peak.
The token has already demonstrated its growth potential when it surged to an all-time high of $9.09 in June 2021. You can trade MINA on Binance, MEXC, DigiFinex, OKX, and BingX.
Beam (BEAM) The last token on the list of top 5 sub-$1 assets with good potential for enormous growth is Beam (BEAM). At the time of writing, BEAM is changing hands at $0.026, with a 24-hour trade volume of $59.34 million. The token currently has a market cap of $1.4 billion and is ranked as the 68th largest cryptocurrency.
BEAM has soared over 54% since the beginning of this year. However, it is down 39.6% from its ATH of $0.044, registered last month. At the moment, BEAM is trading on Binance, Bitget, Bybit, and Gate.io.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
A thrilling rumor is sweeping through Web3: Pokémon might land on SUI! As a result, the SUI token has soared by 60%, sparking fresh hope. Decentralized gaming, once slowed by tricky interfaces, is roaring back to life. With optimized blockchains and stunning AAA games leading the charge, the future looks bright. Join the revolution now. The adventure is just kicking off!
Why Is Web3 Gaming Making a Comeback? Web3 gaming is staging a powerful comeback, driven by key advancements. First, UX/UI has matured significantly. Simplified wallets, such as Immutable X’s, and intuitive platforms make entry seamless. Cryptic interfaces are history, so Web2 gamers can now jump in with ease and explore without barriers.
Next, L2/EVM blockchains are seeing wider adoption. For instance, Immutable X cuts out gas fees entirely, while Beam delivers instant transactions. These scalable solutions draw in both studios and players. According to DappRadar, L2 gaming activity surged by 45% in 2023, proving Web3’s growing accessibility for all.
Finally, AAA titles in beta are stealing the spotlight. Illuvium, with its NFT-based creatures, competes with top Web2 games. Meanwhile, some platforms are developing titles like Ashes of Mankind, promising jaw-dropping quality. These visually stunning games attract gamers and investors alike. Decentralized gaming isn’t just a vision anymore, it’s a reality, and its unstoppable momentum is lighting the way forward!
The 5 Projects Redefining Web3 Gaming Ultra Ultra is not just another blockchain gaming project, it’s designed to redefine the gaming landscape entirely. Much like Netflix transformed streaming and Spotify revolutionized music, Ultra is creating the ultimate operating system for gaming. This all-in-one ecosystem integrates a launcher, store, marketplace, and competitive tournament infrastructure, enabling everything in one place.
Its carbon-neutral Ultra EVM blockchain powers lightning-fast, scalable, and gas-free transactions. Designed with accessibility in mind, Ultra delivers a seamless experience that feels familiar to Web2 gamers, while offering the true ownership and innovation that define Web3, uniting both worlds into one cohesive platform.
At the heart of the ecosystem is $UOS, Ultra’s utility token. It fuels in-game purchases, rewards, staking mechanisms, and facilitates player-driven economies through NFTs and tradable assets. Within Ultra’s Ashes of Mankind universe, players can enjoy two parallel experiences: Empires, tailored for Web3-native users, and Citadels, a AAA-quality experience built for the mainstream gaming crowd.
Ultra’s tools and open APIs empower developers and publishers, while community incentives attract creators and streamers. With $12 million in funding and ambitions to onboard millions of gamers, Ultra is shaping a new standard in digital ownership. The journey begins now. Discover more on X (@Ultra_io) or dive into the platform (https://ultra.io/).
Immutable X (IMX) Immutable X, a Layer 2 solution on Ethereum, is reshaping Web3 gaming. It offers zero gas fees, perfect for NFTs and TCGs like Gods Unchained, which attracts thousands with seamless play. Its powerful SDK lets studios build games effortlessly.
In 2024, IMX hit a $2.7 billion market cap, thanks to its EVM compatibility and carbon efficiency. Partnerships, such as with GameStop, bolster its ecosystem. Immutable X is leading the charge for decentralized gaming, and the horizon shines brightly.
Beam Beam, a gaming-first Layer 1 blockchain, prioritizes speed and efficiency. It delivers instant transactions and built-in NFTs, winning over players and studios alike. Created by Merit Circle, Beam provides the Beam DevKit, which simplifies game development.
In 2023, its $BEAM token soared, fueled by a growing community. With smooth microtransactions and a polished UX, Beam appeals to Web2 gamers. It blends gameplay with a tokenized economy, setting new standards. Explore Beam’s world, it’s calling you to join the fun.
Illuvium Illuvium, a AAA RPG on Immutable X, combines creature collection with thrilling PvE/PvP battles. Its Illuvials—unique NFT creatures—captivate players. Launched on Epic Games Store in 2024, it raised $60 million. The $ILV economy, featuring staking, draws investors.
AI-powered NPCs, enabled by Virtuals Protocol, boost immersion. Still in beta, Illuvium already rivals Pokémon with its polished gameplay and stunning visuals. It’s a shining beacon for Web3 gaming, leading the way forward.
SuperVerse SuperVerse brings Web3 gaming together through its $SUPER token. Previously SuperFarm, it rebranded in 2024 and now links games across chains like Polygon. Its NFT marketplace, GigaMart, and social game Impostors engage 750,000 members.
A staking DAO rewards the community, while projects like Sidus Heroes thrive on its platform. SuperVerse enhances interoperability and liquidity with a shared economy. It makes Web3 gaming both accessible and enjoyable. Step into SuperVerse—the universe awaits you.
Competitive Advantages of Web3 Gaming Web3 gaming stands out with unique features that transform the experience for everyone:
Cross-chain Compatibility and L2/EVM Integration Web3 blockchains, such as Immutable X and Beam, leverage bridges like LayerZero for seamless interoperability. L2/EVM solutions cut costs and boost transaction speeds significantly. For example, some platforms provide gasless interactions, while SUI employs Move for smoother operations. This connectivity links ecosystems, allowing players to move freely across games and chains. Web3 gaming opens up a boundless playground for everyone to explore.
Tokenized Economy Microtransactions, staking, and secondary markets energize Web3. Tokens like $ILV (Illuvium) and $SUPER (SuperVerse) reward players. NFTs, tradable on GigaMart or IlluviDEX, create vibrant economies. In 2023, play-to-earn revenue reached $1.5 billion, according to DappRadar. Players earn while playing, and creators monetize. This economy is redefining gaming—and it’s growing fast.
Unified Experience Web3 serves gamers, developers, and publishers. Ultra offers a launcher and tournaments, while SuperVerse includes staking and marketplaces. SDKs like Immutable X’s simplify development. Streamers benefit from ambassador programs like Ultra Creator. This synergy builds a tight-knit community. Web3 gaming isn’t just a pastime—it’s a thriving ecosystem where everyone shines.
Who Should Try It—and How? Web3 gaming is open to all, with easy onboarding. For Web2 players, try dedicated clients. Some platforms offer a seamless experience with games and marketplaces. IlluviDEX lets you collect NFTs for Illuvium. Beam Wallet provides a user-friendly interface. Get test tokens from official faucets to start playing at no cost.
For creators and streamers, opportunities abound. Esports tournaments are perfect for streamers seeking visibility. SuperVerse offers tradable NFTs on GigaMart, ideal for creators. Ambassador programs reward engagement. These ecosystems value creativity and community interaction.
For developers, open-source tools fuel innovation. The Immutable X SDK (immutable.com) speeds up NFT game development. Docs for Beam DevKit (beam.network) provide accessible APIs. These well-documented resources make Web3 development easier than ever.
Simple steps: Create a wallet (SUI Wallet, MetaMask). Get tokens via exchanges like Binance or official faucets. Log into the client (like IlluviDEX). Dive in! Web3 gaming is just a click away—and the future is being written now. Decentralized gaming is rising again—but practical info is key. Explore top platforms to experience this revolution. Join Ultra’s Discord community, test betas, follow updates on X. Web3 is rewriting the rules of gaming—and you’re invited to help write the story. Jump into the arena, the adventure begins now!
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
La Rédaction C.
The Cointribune editorial team unites its voices to address topics related to cryptocurrencies, investment, the metaverse, and NFTs, while striving to answer your questions as best as possible.
Merit Circle, a blockchain based game guild announces that more than 37 billions BEAM was burnt, token which the guild aims to regulate supply and the potential increase of its value among the exchange platforms. The coin burn has caused the token to fall 13.7% on the day, making the analysts to think about the prospects for the company and the entire crypto-industry. Merit Circle, one of the prominent blockchain game guilds in the decentralized world, made a huge announcement on April 13, which is about the casino game P3 Protocol, that they own majority shares dealing with the administration of the guild. It has been disclosed that Merit Circle is going to burn 37,551,413,982 BEAM tokens and with this Such a maneuver is a daring move that allows the newcomer to the cryptocurrency ecosystem to steal the thunder and focus the attention of the entire crypto-community, on that matter, where tokens burns are used to regulate supply and to potentially raise the value of remaining tokens in circulation.
Hence, Merit Circle’s move of burning a staggering number of tokens purports their desire to offer a viable economic scenario that is sustainable. The guild’s action to restrict the amount of tokens available on the market is aimed at increasing the level of scarcity and can potentially make tokens with no reliance on their supply more attractive or valuable. But this big token burn has had a convoluted effect on BEAM’s price in the market with the last 24-hour price getting down 13.7% in accordance with the CoinGecko data.
Market impact and speculation Consequently, many have come to think about Merit Circle as either a beneficiary or an aggressor in the cryptocurrency market. Despite the fact that the long-term effects of this dramatic -50% drop in supply are yet to come to the fore, the current short term reaction has caused the BEAM market value to dip. This decline of price was likely to be as a result of some market factors we are yet to know if the algorithm burn has any direct link or not to the current trend.
Cryptocurrency experts and investors are widely monitoring this signal since drastic events could potentially escalate to the crypto market that has been holding extreme prices in the past timeframes. The potential impact of that could be setting examples for other crypto players as well as other projects seeking a more efficient token economy might lead to the general adoption of this approach.
Bearing the future of BEAM tokens News on the token burn of the Merit Circle project has set off the buying wave in the market, and so, the market now desires to know the impact of the quickly developing BEAM token system on the latter’s ecosystem as well as holders. The decision to freeze the token’s liquidity could be seen as having two effects that are very opposite; it either brings a recovery of the share price due to the increase in scarcity or market adjustments based on the investor perception and the market dynamics.
The cutting-edge strategy by Merit Circle reflects the ever-evolving trials and experiments in cryptoeconomics, in which burns of tokens is just one technique by digital assets to stabilize or increase token prices. The prospect of BEAM tokens are going to be reliant on the mix of market response, overall crypto market directions, and the right steps of the Merit Circle team.
The crypto community will be keeping tabs on how the business is doing and if this bold take by Merit Circle will effect a positive reappraisal of BEAM or if it will be a warning to the other projects thinking of doing similar hash large-scale token burns. The impression through which this act can impact future policies in blockchain gaming and the broader cryptocurrency sector may well be influenced.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Haseeb Shaheen
As a Web Researcher and Internet Marketer, Haseeb Shaheen delivers relevant valuable content for audiences. He focuses on financial and crypto market analysis, as well as technology-related areas that help people change their lives.
Story HighlightsThe live price of the BEAM crypto is Loading live price .Beam is building a privacy-focused DeFi ecosystem using Mimblewimble and LelantusMW, aiming to enable confidential transactions, assets, and smart contracts.If adoption of private DeFi grows, BEAM could recover toward $0.0505 by 2026 and potentially reach $4.41 by 2030 with stronger ecosystem expansion.Privacy has become a major topic in blockchain. While many once believed Bitcoin transactions were anonymous, blockchain tools later showed that most transfers can be traced.
Beam was created to solve this problem.
Launched in March 2018, it is a privacy-focused DeFi platform that uses Mimblewimble and LelantusMW to hide wallet balances, transaction amounts, and user identities.
Unlike many privacy coins that focus solely on payments, Beam is gradually expanding into a private DeFi ecosystem, integrating NFTs, decentralized exchanges, and confidential smart contracts.
With the token currently trading near $0.023, investors are now asking whether Beam could become a major player in the emerging privacy-first DeFi sector.
Here is CoinPedia’s Beam (BEAM) price prediction for 2026, 2027, and 2030.
Let’s explore.
Loading price prediction overview
Beamm Price TodayCryptocurrencyTokenPrice Market Cap24h VolumeCirculating SupplyTotal SupplyAll-Time HighAll-Time LowBeam (BEAM) Price Targets For March 2026In recent years, regulatory debates around data transparency and financial surveillance have pushed many blockchain users toward privacy-enhancing protocols.
Beam’s architecture is designed specifically for this use case.
The platform uses Mimblewimble technology, which compresses blockchain data while hiding transaction details. Combined with LelantusMW, it enables users to create fully private transactions without exposing balances or transaction histories.
Beyond payments, Beam is also expanding its private DeFi toolkit, including confidential assets, decentralized exchanges, and NFT functionality.
If these developments gain traction and more users begin prioritizing privacy in DeFi, BEAM could attempt to move toward $0.0035 by March 2026.
MonthPotential Low ($)Potential Average ($)Potential High ($)Beam Price Prediction March 2026$0.0202$0.02861$0.0350Beam’s long-term value depends largely on whether privacy becomes a critical feature in decentralized finance.
Public blockchains provide transparency, but they also expose transaction histories and wallet balances. For institutions, traders, and everyday users seeking financial confidentiality, this can be a major limitation.
Beam’s approach combines confidential transactions with scalable blockchain design, which could make it attractive for private DeFi applications.
If Beam successfully integrates more financial tools, such as private lending markets, decentralized exchanges, and tokenized assets, it could gradually attract liquidity into its ecosystem.
Technical AnalysisLooking at the BEAM/USDT 1-day chart, it shows the price moving within a clear descending channel, indicating a slow downtrend over several months.
Recently, BEAM bounced again from the key support zone near $0.021–$0.022, which shows that buyers are still defending this area. The current price of around $0.023 suggests a small recovery after touching the lower boundary of the channel.
For the trend to turn bullish, BEAM must break above the channel resistance and the breakout zone near $0.035. If that happens, the next targets could appear around $0.042 and later near $0.0505 by the end of 2026.
However, if the price fails to hold the $0.021 support, the downtrend could continue with further downside pressure.
YearPotential Low ($)Potential Average ($)Potential High ($)Beam Price Prediction 2026$0.018$0.3503$0.0505Beam Price Prediction 2026 – 2030YearPotential Low ($)Potential Average ($)Potential High ($)2026$0.018$0.3503$0.05052027$0.030$0.092$0.29732028$0.094$0.5070$1.022029$0.376$1.32$2.572030$0.930$2.86$4.41Beam Price Prediction 2026If privacy-focused DeFi applications expand and Beam’s ecosystem gains liquidity, the token could approach $0.0505.
BEAM Price Prediction 2027Meanwhile, by 2027, stronger adoption of confidential financial tools may push BEAM toward $0.297.
Beam Price Forecast 2028If private decentralized exchanges and confidential NFTs gain popularity, BEAM could climb to $1.02.
Beam Coin Price Prediction 2029Greater demand for financial privacy and institutional experimentation with confidential blockchain infrastructure may move BEAM toward $2.57.
Beam (BEAM) Price Prediction 2030By 2030, if Beam becomes a leading platform for private DeFi and confidential asset transfers, the token could reach $4.41.
What Does The Market Say?Year202620272030Changelly$0.602$0.342$0.157Coincodex$0.079$0.033$0.086Digitalcoinprice$0.0720$0.11$0.21CoinPedia’s Beam (BEAM) Price PredictionFrom CoinPedia’s perspective, Beam stands out as a privacy-focused blockchain attempting to bring confidential transactions into decentralized finance.
While many blockchains prioritize transparency, Beam is building infrastructure for users who require financial confidentiality without sacrificing scalability.
If the project continues expanding its private DeFi ecosystem and regulatory debates increase demand for privacy-preserving technologies, BEAM could gradually reclaim the $0.0505 range in 2026.
YearPotential Low ($)Potential Average ($)Potential High ($)2026$0.018$0.3503$0.0505Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQsWhat is the Beam (BEAM) price prediction for 2026?
BEAM could trade between $0.018 and $0.0505 in 2026 if adoption of privacy-focused DeFi grows and the project expands its confidential financial tools.
How high can Beam price go in 2030?
Beam could reach around $4.41 by 2030 if privacy-focused DeFi adoption grows and its ecosystem expands with confidential smart contracts and private trading tools.
What is the Beam price prediction for 2040?
If privacy becomes a major part of DeFi and Beam continues expanding its ecosystem, the token could trade significantly higher by 2040, though long-term forecasts remain uncertain.
Does Beam coin have a future?
Beam has potential if demand for blockchain privacy increases. Its focus on confidential DeFi, private assets, and scalable transactions may support long-term growth.
Is Beam a good coin to buy?
Beam may interest investors seeking privacy-focused crypto projects. Its success depends on adoption of private DeFi tools and overall market conditions.
Story Ends Here
Disclaimer and Risk WarningThe price predictions in this article are based on the author's personal analysis and opinions. CoinPedia does not endorse or guarantee these views. Investors should conduct independent research before making any financial decisions.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
PANews reported on December 4 that Coinbase Markets announced the addition of Beam (BEAM) to its asset listing roadmap and disclosed its Ethereum network ERC-20 contract address.
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
Related Topics
Popular Articles
Industry News
Market Trends
Curated Readings
Subscribe
US Three Major Indexes Mixed, HOOD Down Over 6.11%
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Risk Disclosure: Guides, news, articles and analyzes on Bitcoinsistemi.com do not constitute investment advice. Keeping in mind that Bitcoin and cryptocurrencies are high-risk products, you should do your own research for each investment decision. Otherwise, you may come to the point of losing your entire investment. In this context, you should know that you are responsible for the losses that may arise from all your transfers and transactions.
Bitcoinsistemi.com is a news site, does not provide investment advice and does not recommend investing in any projects or digital assets. In this context, the content and content authors on Bitcoinsistemi.com cannot be held responsible for the investment decisions you make.
Bitcoin and altcoins, which experienced a significant recovery last week, suffered sudden and sharp declines due to US President Donald Trump’s threat to impose tariffs on the EU via Greenland.
With a downward trend prevailing in the market, cryptocurrency analysis company Santiment has revealed the most talked-about altcoins in the cryptocurrency world in its latest post.
According to Santiment, Bitcoin (BTC), Beam (BEAM), Ethereum (ETH), Chainlink (LINK), and Tether (USDT) are among the altcoins being heavily discussed in the market.
Besides these, Microstrategy, which has frequently made headlines with its Bitcoin purchases, has also become one of the most discussed topics on social media.
Bitcoin led the trending cryptocurrencies in the last 24 hours, surprisingly followed by BEAM, ETH, LINK, USDT, and MicroStrategy (MSTR).
“Bitcoin: Bitcoin is trending due to comparisons with precious metals like gold and silver, and extensive discussions about its role as a digital asset. This was also aided by Michael Saylor’s firm, Strategy, purchasing over 22,000 BTC for $2.13 billion.”
BEAM: There is extensive discussion surrounding Beam, a privacy-focused blockchain, and its Beam Warp sidechain technology. Behind this are features such as staking with BeamX, sidechain consensus mechanisms, bridging assets between the mainnet and sidechains, and the ability for anyone to launch private sidechains using Beam technology.
Ethereum: ETH is trending due to staking. There is significant activity and interest in ETH staking; it has reached an all-time high with over 30% of the total Ethereum supply staked. The large staking amounts by organizations like BitMine, record transaction levels on the Ethereum network, and the bullish trend towards Ethereum’s staking growth are highlighted.
Chainlink: Discussions focus on Chainlink’s expansion into providing on-chain data for the $80 trillion US stock market, its integration with DeFi platforms, staking opportunities, and its increasing adoption in traditional finance, including partnerships with the NYSE and the launch of LINK futures on the CME.
Tether: Discussions mostly revolve around USDT’s widespread use in economically unstable regions, such as Venezuela, to protect savings from hyperinflation. USDT is also frequently mentioned in trading pairs, futures, airdrops, contests, and new listings.
MicroStrategy (MSTR): A company heavily involved in Bitcoin investment and holding significant BTC reserves, MicroStrategy is making headlines with its recent BTC purchases. Discussions focus on MSTR’s stock performance, its Bitcoin buying strategy led by Michael Saylor, the risks and returns for investors, and its role as a major Bitcoin holder.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
PANews reported on January 26th that, according to SoSoValue data, the cryptocurrency market generally declined, with the GameFi sector leading the decline at 4.90% in the past 24 hours. Within the GameFi sector, The Sandbox (SAND) fell 8.85%, and Axie Infinity (AXS) fell 18.23%, but Beam (BEAM) bucked the trend, rising 19.02%. Meanwhile, Bitcoin (BTC) fell 1.84%, dropping below $88,000; Ethereum (ETH) fell 2.34%, dropping below $2,900.
In other sectors, the CeFi sector fell 1.55% in the last 24 hours, with Aster (ASTER) down 6.86%; the PayFi sector fell 2.03%, with Monero (XMR) down 10.25%; the Meme sector fell 2.10%, with PIPPIN (PIPPIN) down 18.01%; the Layer 1 sector fell 2.25%, with TRON (TRX) relatively resilient, rising 0.34%; the DeFi sector fell 3.10%, with River (RIVER) surging 30.71% intraday; and the Layer 2 sector fell 4.63%, but Movement (MOVE) rose 2.38%.
