Today, the Songbird (SGB) cryptocurrency exploded with an impressive 8.9% jump, making it one of the top crypto gainers that are on every crypto trader’s radar. SGB is the native token of the Songbird network, a blockchain platform serving as an omni-chain communication layer that powers universal connectivity and interoperability among on-chain protocols.
According to a revelation disclosed by market analyst PumpDumpAlert, SGB rose from a low of $0.00179 to a high of $0.00195, recording a remarkable 8.9% increase earlier today. With the rise, Songbird shows signs of rising excitement in its network, pointing out high-momentum breakout capability.
What Falling Wedge Pattern Says About Songbird Amid the ongoing volatility in the larger crypto landscape, Songbird stands out as a promising asset drawing investor interest for its potential in price pump. The analyst analyzed the latest chart dynamics for SGB and, as a result, disclosed a consolidation phase that could either bring a breakout or a further price contraction.
On the chart shared by the analyst, together with the trading pattern printed out on TradingView’s chart technical analysis, Songbird’s price action is in the formation of a falling wedge structure, a chart pattern that builds up when price action is enclosed between two downward-sloping, converging trendlines. While this structure indicates the asset’s decreasing prices (as reflected by SGB’s recent 9.2% and 26.8% price decline noted over the past week and month, respectively), interesting actions are developing in the market. Despite the contracting price range, the pattern shows that the volatility is decreasing over time, suggesting an accumulation phase is developing among market participants.
As per the analyst, the current Songbird structure indicates a historical pattern that often triggers an explosive rally. The SGB trading timeframe shows a developing long accumulation phase that traditionally brings out a clean breakout and retest to the $0.003046 resistance level from the current price, projecting an upcoming 70.2% pump.
The current price of Songbird is $0.001789. Is SGB’s Surge Speculative or Real? As highlighted above, today, February 5, 2026, the Songbird witnessed a dramatic 8.9% price surge, peaking at $0.00195 before settling at $0.001766 currently. This sharp rise ignited discussion about whether the upturn is triggered by a genuine demand or fueled by speculation.
On-chain metrics show that this significant price jump was mainly driven by increasing trading activity on the Songbird market. Data from CoinMarketCap shows that today, SGB recorded a massive 35.62% increase in its trading volume, indicating buyers are increasingly entering the market, trying to outweigh selling pressure. This rise indicates a surge in trading engagement and an increase in real user participation.
According to CoinGecko data, Songbird is one of the top interoperability coins by market cap, following the likes of PHALA (PHA), Omni Network (OMNI), Axelar (AXL), Nervos Network (CKB), Wormhole (W), and OriginTrail (TRAC).
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.
BTC is hovering around the $61,000 mark, and altcoins are slowly turning red. June was not favorable for cryptocurrency investors. Altcoins experienced significant drops, with losses exceeding 30% in some cases, reaching the lows seen at the end of 2023. However, in July, these two altcoins might bring gains to investors.
OriginTrail (TRAC)OriginTrail is one of the lesser-known altcoins in the artificial intelligence (AI) sector. The hype in this category has brought massive gains to many cryptocurrencies. NVIDIA’s record-breaking achievements and other developments have supported price increases. Moreover, ongoing developments in the AI field could serve as stable price catalysts in the future. The only issue is which ones will be able to sustain themselves.
Last week, the price increased by 17% and hovered near its seven-day peak throughout the day. The MACD indicates that interest remains high and that the price increase could continue next month. Buying activities dominate over selling. On June 25, the MACD line intersected with the signal line, which is considered a bullish signal.
If the bulls can sustain the price increase for TRAC Coin, the rally could continue up to $0.79. Otherwise, sellers will target $0.74.
Marlin (POND)The second lesser-known and equally risky altcoin is POND Coin. This altcoin is also working on programmable infrastructure services for DeFi and Web3. Despite BTC price fluctuations, its seven-day gain increased by 10%. By reclaiming the 20-day moving average, the altcoin confirmed its short-term bullish trend.
When EMA20 is reclaimed, investors expect further price increases. Seeing such strength is positive, especially when the overall market sentiment is weak. Even SOL Coin continues in the red despite the ETF application. The importance of positively diverging altcoins is high for this reason.
If the upward trend continues, the POND Coin price could keep rising to $0.02. In the opposite scenario, it will look for new lows near $0.01. At the time of writing, BTC was at $60,850 and was trying to test its main support again after recent sales.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
NetMind AI has partnered with Marlin Protocol to add advanced verifiable computing protocols to NetMind’s ecosystem. The verifiable computing protocol includes coprocessors based on Trusted Execution Environments and Zero-Knowledge.
Read the full tweet and see the chart below:
We are excited to announce a new collaboration with @MarlinProtocol, integrating @NetMindAI's ecosystem with Marlin’s cutting-edge verifiable computing protocol, which includes TEE (Trusted Execution Environments) and ZK (Zero-Knowledge) based coprocessors.
Introducing Marlin's… pic.twitter.com/sdo3XNiHVZ
— NetMind.AI (@NetMindAI) August 5, 2024 NetMind AI is a top AI solutions provider. It delivers cutting-edge tech to users and businesses worldwide. Dedicated to developing innovative and practical solutions, NetMind.ai’s team of experts boasts extensive experience in big data analysis, machine learning, and natural language processing. It allows users access to exceptionally large-scale networks to collaborate, train and develop deep learning models and build AI applications.
More About this Partnership Between NetMind AI & Marlin Marlin Protocol is an open-source, programmable network. It aims to scale peer-to-peer (P2P) networks and host DeFi apps. The services include secure job execution, zk-based prover computations, event-driven scheduling, caching, and fast block or transaction transmissions.
This collaboration will benefit the NetMind AI community. They will get better AI, enhanced security, and increased transparency. This will create a more reliable AI-driven environment for both communities. Users will have technologies to train and run their machine-learning experiments.
They have the option of either renting computing capacity from the network to train their own models or using the pre-trained models provided by NetMind AI. Its commitment to innovation drives its ability to create new solutions to complex problems and offer its users a unique and valuable product.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Marlin has collaborated with Quest Flow to improve the network’s security. The goal is to safeguard sensitive data and ensure the integrity of computations.
Marlin is thrilled to announce a partnership with @questflow, a decentralized AI agentic workflow network to enable secure, efficient, and scalable AI applications.
QuestFlow’s innovative platform empowers users to orchestrate complex AI workflows, automating tasks and… pic.twitter.com/fU87NWgk7f
— Marlin (@MarlinProtocol) August 16, 2024 Marlin Protocol is an open-source, programmable network. It aims to scale peer-to-peer (P2P) networks and host DeFi apps. The services include secure job execution, zk-based prover computations, event-driven scheduling, caching, and fast block or transaction transmissions.
Significance of this Partnership Between Quest Flow and Marlin Users can organize complicated AI processes through the revolutionary platform that Quest Flow provides. This platform automates chores and offers incentives to those who create AI agents. The necessity of having strong security and privacy measures in place to safeguard sensitive data is the driving force behind QuestFlow’s overall success. At this point, Marlin’s knowledge and experience come into play.
Quest Flow’s artificial intelligence agents are built on top of Marlin’s Oyster, a cutting-edge TEE-based artificial intelligence coprocessor that serves as the ideal basis. By utilizing Oyster, QuestFlow guarantees the integrity of calculations and protects sensitive data. Oyster enables the creation of secure and segregated execution environments for its artificial intelligence models.
When the artificial intelligence orchestration capabilities of Quest Flow are combined with the safe computing architecture of Marlin, a plethora of opportunities become available. Our vision is a future in which decentralized applications (dApps) powered by artificial intelligence may be deployed with full assurance, knowing that their data is safeguarded and their calculations can be verified.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Verida announces a strategic partnership with Marlin Protocol to empower individuals to have full control over their data. Additionally, both Fintech firms are collaborating to power the future of artificial intelligence (AI) in the form of Private AI.
🚀 Verida and Marlin: Powering the Future of Private AI
Verida is on a mission to empower individuals with full control over their data while shaping the future of Private #AI. Our partnership with @MarlinProtocol is a key step towards realizing this vision. 🧵👇… pic.twitter.com/iSpxJqyoRz
— Verida 💜 (@Verida_io) August 22, 2024 Verida, the decentralized data protection platform, breaks this news through the X platform. By collaborating with Marlin Protocol, Verida is broadening its vision to develop a decentralized ecosystem where users can manage and process their data safely and securely using AI. Through this collaboration, both firms will reshape the future of AI.
Verida Aims to Develop Purpose-Built Infrastructure for Private AI This collaboration is aimed at enabling the users to develop the Private AI Assistants for their own sake. Just like ChatGPT, a dedicated AI platform working exclusively for a specific customer according to the user’s needs. To bring this idea to life, Verida has developed a robust and reliable infrastructure.
Verida’s infrastructure includes private compute, confidential compute and the private data bridge. Verida Private Data Bridge makes it possible to transfer data from the different platforms to the Verdia vault of users. Then confidential compute of the infrastructure employs Trusted Execution Environments to develop a network of isolated and secure nodes to process data.
Confidential compute-based private compute offers control over data usage, data access and the deployment of the applications. Based on the vision and infrastructure of Verida, the Marlin Protocol is developing private AI where AI models can be trained and utilized to ensure the safety of personal data.
Chris Were, the Chief Executive Officer (CEO) of Verida, shared his remarks on this strategic collaboration. He was of the view that this partnership is of great significance as both FinTech firms are determined to make the user community confident about their data security. Moreover, he said that there has not been much in the community regarding data privacy so this collaboration will be unique of its kind.
On the other hand, Esli, the head of the Marlin Foundation, seems optimistic about this collaboration as combining their expertise and private AI will ensure the safety and security of the users’ data. This partnership makes it possible that user’s personal information will remain confidential to that person.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Marlin has announced an exciting partnership with Three Protocol. Three Protocol is a project focused on building secure, private, and fraud-resistant tools for eCommerce. This partnership is intended to improve Three Protocol’s decentralized marketplaces, such as Jobs3, by utilizing Marlin’s optimized verifiable computing capabilities.
Marlin is excited to announce a collaborative partnership with @ThreeProtocol, a project focused on building private, secure, and fraud-resistant eCommerce tools. This collaboration aims to leverage Marlin's verifiable computing technology to further strengthen Three Protocol's… pic.twitter.com/pdXwQPtg6C
— Marlin (@MarlinProtocol) August 23, 2024 Three Protocol Leverages ZKPs for Enhanced Data Privacy and On-Chain Reputations Three Protocol incorporates ZKPs into its system using ZKi3s to enable asset owners to manage their data while creating on-chain reputations without requiring KYC measures. This solution helps users to remain anonymous while engaging in markets through decentralized platforms in a very effective way.
Marlin’s Kalypso, which is a marketplace specifically for producing ZKPs, can be incredibly valuable to Three Protocol by granting access to a plethora of reputable hardware providers. This may potentially lead to lower costs and time needed to produce ZKPs for the ZKi3s hence making the whole process more efficient and less costly.
In addition, Marlin’s Oyster platform ensures computation within Trusted Execution Environments (TEEs) This platform also offers additional benefits for Three Protocol. Oyster could be deployed to improve the security of Three Protocol’s Tri-Proof smart contracts. By performing critical computations in TEEs, Marlin’s technology might also offer an additional layer of security against possible malicious acts, potentially strengthening the protection of users’ transactions and data.
Marlin and Three Protocol to Set New Standards in Decentralized eCommerce The Marlin ZKP generation and TEE features combined with Three Protocol ZKi3s and Tri-Proof Smart Contracts offer an advanced solution to enhancing privacy, safety, and transactional speed in decentralized markets. Such collaboration should pave way for products and services that would make decentralized commerce better, safer and more convenient for end-users.
Marlin and Three Protocol welcome this tie as the two firms stand to benefit from the partnership. They consider themselves as stakeholders who are willing to delve deeper into discovering every potential that this particular alliance can bring, with the long-term vision of improving the state of decentralized eCommerce protection and privacy. These companies will seek not only to create new levels of privacy and security for participants but also establish new benchmarks for the decentralized economy’s speed as it continues to expand.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Marlin is an open protocol that provides high-performance programmable network infrastructure for DeFi and Web 3.0. Nodes in the Marlin network, called Metanodes, run MarlinVM, a virtual router interface that allows developers to deploy customized overlays and perform edge computations.
The native service token of the Marlin platform, POND, is used for the following use cases:
Running validator nodes in the network through stakingMaking governance proposals and voting to determine how network resources are allocatedAppointing a range of network performance auditors and compensating users from an insurance fund.Marlin aims to fulfill the promise of a decentralized web where applications secured via blockchain are indistinguishable in performance for users accustomed to Web 2.0.
Marlin is one of the few Layer 0 projects focused on network layer optimizations. Similar to Filecoin, which promotes IPFS, Marlin claims to be an incentivized equivalent to libp2p. This makes Marlin ubiquitously ready in the decentralized web, as any peer-to-peer application relies on network formation among distributed nodes.
Therefore, Marlin is blockchain-agnostic. It offers network gateways for several Layer-1 and Layer-2 platforms. Unlike other scaling solutions suffering from the scalability trilemma where performance, decentralization, or security is sacrificed, improvements at the network layer are mainly not subject to such constraints governing the consensus layers.
On the other hand, the execution correctness of Marlin smart contracts built on top of Ethereum is protected by the Ethereum node network.
Marlin is the brainchild of developers Siddhartha, Prateesh, and Roshan, all of whom have extensive experience in peer-to-peer networking.
Siddhartha, responsible for the development of Zilliqa, the first high-efficiency blockchain using sharding in production, has experience working at Microsoft and Adobe and is the author of 2 US patents. Prateesh is a Ph.D. candidate at the Massachusetts Institute of Technology (MIT) focusing on Computer Networks, and Roshan, an open-source enthusiast, has contributed to the Boost C++ libraries.
How to Buy Marlin Coin?POND Coin can be purchased quickly and securely via Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy POND Coin, one must first register with Binance and then send fiat money. Following the transfer of a fiat currency like the the dollar, a purchase transaction can be made in the Bitcoin (BTC), BUSD, and Tether (USDT) POND trading pairs in which POND Coin is traded.
In addition, on Binance, users can place an order to buy at a lower value than the market price by using the Limit tab. This requires entering the amount you want to buy and the price you want to pay.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Marlin announces a strategic partnership with U2DPN to enhance the security, scalability and user experience. This strategic partnership combines the advanced technologies of two leading FinTech firms to revolutionize the security and scalability of decentralized finance (DeFi).
Marlin is excited to announce a strategic partnership with @u2_dpn, a pioneering decentralized VPN project built on the Subnet Technology of U2U Chain. This collaboration aims to leverage Marlin's cutting-edge verifiable computing technology to enhance U2DPN's security,… pic.twitter.com/zWDCCJC9QG
— Marlin (@MarlinProtocol) September 6, 2024 Marlin shared this exciting news with its community via X post. As per the details, U2DPN will leverage the cutting-edge technology of the Marlin Protocol to enhance private (VPN) features, scalability, security and the overall user experience.
This partnership is of great significance as both Marlin and U2DPN are joining forces by combining their advanced features to benefit the crypto community. This collaboration will boost the confidence of the crypto community because of its unique security features. Enhanced security, privacy, and improved scalability are the key features of this collaboration.
Oyster’s TEE process of Marlin will give an isolated and secure space to run the critical operations of U2DPN by protecting the data by restraining unauthorized access. Additionally, U2DPN will employ the cutting-edge, verifiable computing technology of Marlin to improve scalability by handling the increased traffic with much efficiency.
Two Fintech, One Goal to Work for the Best User Experience Marlin is a verifying computing protocol featuring ZK-based and TEE coprocessors delegating the workloads on a decentralized cloud. On the other hand, U2DPN is a well-known decentralized network revolutionizing the internet and monetization. This collaboration is a landmark in the DeFi space as Marlin and U2DPN have the same goal which is to enhance private features, scalability, security and the overall user experience.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Marlin and io.net have joined forces to accelerate decentralized AI through confidential computing. This strategic collaboration aims to provide developers with secure and scalable GPU solutions essential for real-world AI adoption in Web3. Marlin disclosed this groundbreaking news to its community through a social media platform, X.
Confidential compute for decentralized AI is turning out to be the need of the hour for developers to build the applications for real-world adoption.
We’re pumped to be teaming up with @ionet to provide them with the tools needed to make this happen. pic.twitter.com/n7FG0GvP8p
— Marlin (@MarlinProtocol) September 30, 2024 Marlin Expands Confidential Computing with GPUs The need for secure and efficient processing has become crucial as AI grows. Training large AI models demands high-performance GPUs like Nvidia H100 and H200, now enhanced with Trusted Execution Environments (TEEs) via Intel TDX. Because of this strategic collaboration, this combination ensures that sensitive data remains protected during the AI model’s lifecycle, giving developers the confidence to establish AI without risking intellectual property.
Secure AI Training and Deployment with Marlin’s Oyster Platform Marlin Protocol’s Oyster platform offers developers a secure training environment that protects training data and model weights. Using TEEs, developers can monetize their AI models without exposing sensitive information. At the same time, users interacting with AI applications can verify model integrity without revealing their queries.
io.net is crucial in this partnership by providing on-demand access to decentralized GPU clusters. These GPUs, sourced from a global network of crypto miners, developers, and enterprises, are essential for AI/ML operations. This access significantly reduces costs and expands availability, democratizing GPU capacity for developers worldwide.
The Marlin-io.net collaboration is poised to redefine how AI models are developed and deployed in decentralized environments. By providing secure, confidential computing tools, this partnership empowers developers to build globally accessible AI applications that respect data privacy and intellectual property rights.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Marlin has made a groundbreaking partnership with Hemera Protocol that seeks to revolutionize the decentralized AI industry. The two well-known blockchain platforms plan to establish a new and improved infrastructure for AI that is more secure, scalable, and privacy-oriented by integrating their key competencies: Marlin’s verifiable computing capabilities and Hemera’s groundbreaking semantic data indexing.
Marlin is joining forces with @HemeraProtocol to enhance decentralized AI infrastructure. Combining Marlin's verifiable computing with Hemera's semantic data indexing paves the way for more robust and efficient AI applications. pic.twitter.com/2lVpogq0s8
— Marlin (@MarlinProtocol) October 3, 2024 Overview of Marlin and Hemera Protocol Marlin Protocol is an efficient blockchain platform for secure computation and superior communication systems. They aim to enhance dApps and blockchain systems in speed and security. Marlin has high data transfer speeds with integrated security and can support decentralized services, especially in artificial intelligence.
On the other hand, the Hemera Protocol emphasizes semantic data indexing to ensure that the media contents are highly arrangeable and searchable due to a superior file-indexing system. It’s approach to structuring databases makes it a fundamental enabler of efficient decentralized AI.
The Partnership and Its Goals The Marlin-Hemera collaboration is centered on three key areas that are critical for decentralized AI applications:
Secure Data Processing: Verifiable computing is something that Marlin has provided to ensure the authenticity of the data being processed. This is even more relevant for AI systems that manage user’s data in a decentralized environment.
Scalable Indexing for AI: Hemera’s indexing of semantic data is highly valuable for the scalability of AI systems. With the volume of datasets rising over time, Hemera’s work guarantees that these datasets are well-sorted and accessed in ways that enhance the capacity and speed of AI interfaces.
Privacy-Preserving AI: With the rise of interest in personalization in AI, merging Marlin and Hemera will allow the development of privacy-preserving AI systems at their core. This is an effort to respond to people’s worries about data exploitation and the question of privacy to create a protected network with greater integrity.
Redefining the decentralized AI capabilities of the future This partnership could be considered a milestone in the creation of DeFi and decentralized AI infrastructure. Marlin and Hemera are establishing the basis for augmented trustworthiness and scalability of the AI environment. Collectively, both will help enable developers to create dApps that not only outperform in terms of speed but also security, user data privacy, and efficiency.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Casper Network ($CSPR) is the standout gainer today, up by 86.3%. This sharp rise has placed Casper ahead of many other cryptocurrencies in today’s market. According to Phoenix, a leading crypto media outlet, the surge signals a growing interest in the platform’s blockchain solutions.
Marlin ($POND) Jumps 76.7% Amid Growing Interest in Blockchain Data Transport Next is Marlin ($POND), which increased by 76.7%. This increase comes at the time when the project is attracting more attention for its decentralized data transport function. Marlin’s infrastructure seems to be contributing to the increase in the speed at which data is transferred via blockchain.
Limewire ($LMWR) also jumped by 71.6%. One of the most recent names to surface in the crypto sphere is the return of the legendary file-sharing program, Limewire. The project is now concentrating on the NFT market which has contributed to the latest developments of the project.
In the same period, the price of DAO Maker ($DAO) token surged by 68.9%. DAO Maker has emerged as a primary solution for tokenized venture capital, enabling new projects to issue tokens to fund their operations. It shows that investors are still interested in decentralized finance (DeFi) platforms as they are experiencing growth.
Crypto Market Sees Broad Gains Across DeFi, NFTs, Privacy, and Scalability The price of LooksRare ($LOOKS) increased by 58.8% and the token’s price chart remained bullish. LooksRare is one of the most popular NFT marketplaces which success is based on its unique reward system for participants in the platform. The growing demand for NFTs is also putting the token to good use as well as helping to push up its popularity.
Other notable winners are Secret Network ($SCRT) up by 58.6% and Hedera ($HBAR) up by 34.2%. These two projects are both about scale and privacy. At the same time, XLM ($XLM) went up by 25.8% and LTO Network ($LTO) by 25.6%. The rest of the top gainer list was occupied by Drift Protocol ($DRIFT) with a 23.6% gain.
The current market is characterized by good results in most industries. These tokens belong to various sectors of decentralized finance, non-fungible tokens, privacy, and scalability demonstrating the versatility of the crypto market. These developments have been closely observed by investors in the search for evidence of a sustained improvement.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Marlin, a popular name in blockchain infrastructure sector, has started a strategic collaboration with NotAI. The partnership targets to improve Web3 consumer experience with the integration of Marlin’s cutting-edge compute network Trusted Execution Environment into NotAI’s ecosystem. The platform disclosed this initiative on social media.
Marlin Joins Forces with NotAI to Provide Users with Latest Functionalities Marlin brought to the front that, as a part of its collaboration with NotAI, it will provide its TEE-powered infrastructure. This will enable several crucial functionalities including simplified execution of DeFi strategy, quest verification, processing of user score and leaderboard, as well as project recommendations.
In this respect, the users can get guaranteed efficient and accurate validation of their progress. Apart from that, the partnership supports complicated AI-led calculations to optimize yield farming and trading strategies. Additionally, the users can leverage real-time updates concerning rankings and scores. Moreover, they can also get insightful and customized project suggestions based on the analysis of their data.
NotAI Users Can Anticipate Cutting-Edge Compute Capabilities and a Seamless Security The collaboration takes into account the addition of the latest compute capabilities of Marlin to facilitate NotAI users. With this, they can have significant benefits like improved data privacy, rapid rewards, private financial social activities, and broadened AI features. Keeping this in view, the privacy-centered and secure environment of Marlin offers safety to the users. Hence, their financial data and other sensitive information stay safeguarded.
In addition to this, the rapid processing of DeFi transactions and quests will permit consumers to swiftly get rewards. Along with that, the consumers will have access to a wider range of AI-driven tools within the NotAI network. Simultaneously, the partnership includes the provision of a secure setting for financial and social management.
Overall, the mutual effort is poised to streamline the Web3 adoption. Therefore, it combines the intuitive user interface of NotAI with the effective compute infrastructure of Marlin.
Partnership Aims to Revolutionize Consumer Interaction with DeFi and Web3 Worlds Amid the rapid growth in Web3 sector’s complexity, Marlin’s collaboration with NotAI underscores a jump forward in improving the efficiency and user-friendliness of decentralized platforms. The merger of the advanced AI-led insights with a protected blockchain infrastructure intends to revolutionize the user interaction with DeFi and Web3 landscapes.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Marlin has announced the first-ever Distributed Key Generation (DKG) ceremony. This ceremony has been conducted to protect Trusted Execution Environment (TEE) root keys among 30 nodes. Marlin has collaborated with TACo in the advancement of this initiative. It is a remarkable step forward to safeguard the private keys of artificial intelligence (AI) agents. Historically, root keys were distributed to the nodes 3, 5, or 7, but in this ceremony, root keys were expanded to 30. This advancement increases resilience against failures.
Marlin Ensures Robust Key security for AI Agents AI agents protect and manage their wallets so it is crucial to generate private keys within a TEE. This development aims to ensure the function of the agent that operates within TEE. these agents can leverage the private key for transactions. But this potential enhances the concerns of key loss. The wallets utilize these keys and these are also used to encrypt and decrypt private apps. In the crash of TEE, it is crucial to protect the continuous access into the app functionality.
This issue is tackled by Marlin who seamlessly enabled enclave-to-enclave encrypted communication via Remote Attestations (RA). Through this development, the other enclaves are able to back up keys securely. In this way, the keys remain unharmed while ensuring the protection of all backup nodes.
Marlin to Revolutionize Key Management Within the Threshold Network, Marlin has distributed root keys across 30 nodes. This advancement ensures that the root key can be reconstructed although 16 nodes are already available. The root key is reconstructed through the Key Management Service (KMS). This key’s functionality is assured within an enclave to introduce flexibility. Through this, the developers are permitted to manage any enclave image to retrieve derived keys.
Additionally, smart contracts can encode the pairs of key values. This advancement allows apps to follow an upgraded path. Through this, the AI agents leverage a robust and adaptable framework of security.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
ChainGPT, a leading player offering AI infrastructure to facilitate crypto and Web3 technologies, has announced a new partnership with Marlin Protocol, an advanced verifiable computing ecosystem. The collaboration endeavors to advance the integration between the Web3 and AI technologies to expedite the evolution of the blockchain applications. The platform revealed this development on its official social media account.
ChainGPT and Marlin Protocol Collaborate to Boost AI’s Merger with Web3 The key objective of this partnership is to enable Marlin to access ChainGPT’s inclusive array of latest AI tools meant for the crypto and blockchain technologies. These tools take into account automated smart contract auditing, data analysis onchain, and AI-led trading assistants. Moreover, the users and developers are further benefited with simplified interfaces containing natural language.
With the support provided by ChainGPT, Marlin is currently well-positioned to improve the decentralized compute infrastructure’s intelligence layer. Marlin Protocol works as an ecosystem for verifiable computing, prioritizing scalability and security for dApps. It permits consumers to operate complicated tasks, including the execution of AI models and the strategy automation in the DeFi sector. This is done through serverless functions that are accessible via Web2 APIs as well as smart contract calls.
A chief component in this respect is Oyester, the decentralized compute ecosystem of Marlin to deliver secure and rapid processing supported by Trusted Execution Environments. TEEs operate as secure zones within the processor of a device to permit the occurrence of sensitive computations without data leakage or tampering risk. This makes them crucial for the AI and DeFi applications that preserve user privacy.
Establishing new Standards for Scalability and Efficiency in dApps According to ChainGPT, the integration with Marlin promises an exclusive epoch of privacy-respecting, autonomous, and intelligent tools for developers. Moreover, the AI tools of ChainGPT, combined with the secure compute of Marlin, let dApps leverage AI in relatively scalable and efficient ways. Hence, both the entities are setting new standards for the future advancements.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
DeepLink has partnered with Marlin Protocol to enhance the security and performance of AI-powered gaming. This partnership will bring Marlin’s Trusted Execution Environments (TEEs) into DeepLink’s Decentralized Cloud Gaming Infrastructure. The integration will provide confidential and verifiable AI-driven rendering for immersive and real-time Web3 games. Marlin’s Oyster compute layer allows the development of complex workloads with confidentiality and integrity.
Securing the Future of AI-Powered Gaming! 🔐🎮
We’re thrilled to announce our partnership with @MarlinProtocol , a leading distributed compute network leveraging Trusted Execution Environments (TEEs) to deliver secure, scalable, and confidential processing across DeFi, AI, and… pic.twitter.com/ZvhVnztSj0
— DeepLink (@DeepLinkGlobal) May 14, 2025 With TEEs, DeepLink can provide serverless inference and persistent game logic without compromising the privacy of the input. This enables gaming applications to scale optimally without compromising the privacy of data. The move will provide advanced functionality in competitive gaming, XR experiences, and on-chain platforms.
TEE-Powered Infrastructure for Confidential Processing Marlin provides two compute deployment options: Oyster CVM and Oyster Serverless. Oyster CVM offers exclusive, private VMs that can be rented at any length like classic cloud services. Meanwhile, Oyster Serverless enables developers to offload compute tasks to a set of always-online nodes, billed for execution time. Both options provide uptime guarantees and monitoring features.
The protocol allows secure networked calls and relaying of on-chain contracts, thus enabling it to integrate into Web2 and Web3 environments. Besides, Marlin provides tools such as Nix-based reproducible build, key-management service, Docker support, and remote attestation-based TLS. These tools make it easy to deploy secure applications without developers having to learn TEE-specific ways.
Enabling Decentralized Gaming and Compute Scale-Up Marlin improves the scalability of blockchain by offloading computation off the chain while producing verifiable results. It allows access to off-chain APIs and multi-chain compatibility. Developers can process data safely and expose web endpoints while not undermining on-chain trust and keeping users private using Marlin.
The DeepLink partnership uses these capabilities to establish a secure base for real-time AI-based workloads in gaming. The partnership proposes a safe and efficient model for next-generation gaming applications by combining DeepLink’s decentralized infrastructure with Marlin’s privacy-first design.
This strategic alliance has been a considerable milestone in the secure use of AI and Web3 gaming, which will herald more sophisticated and privacy-focused user experiences.
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
In collaboration with Binance Academy, Marlin has launched "Offchain Computing Using TEE Coprocessors," a free, comprehensive curriculum designed to empower Web3 builders with cutting-edge confidential computing skills.
This course democratizes access to Trusted Execution Environment (TEE) technology, the same secure infrastructure used by Google for private inference and advertising models, Apple for secure enclaves, and OpenAI for secure inference.
Main Takeaways The specialized curriculum for Web2 and Web3 developers focuses on bringing existing backends onto the blockchain using offchain computing powered by TEEs. Featuring practical examples including an AI-based job matching application deployed on BNB Chain, the course mentors developers of all experience levels to unlock new use cases.
Through this partnership, Binance Academy and Marlin aim to equip the next generation with the skills needed to build scalable, privacy-preserving decentralized applications.
About the Course Led by Souvik Mishra, a contributor to the Marlin protocol, the course delivers hands-on exploration of building production-ready systems in decentralized environments. It begins with theoretical foundations, covering onchain computation limitations and why modern ecosystems rely on offchain solutions like rollups and coprocessors.
The curriculum then breaks down TEE coprocessor building blocks, demonstrating how these components provide flexibility and security. Participants advance into practical modules featuring real deployments of AI and DeFi applications powered by TEE coprocessors.
Module topics include:
📊 Types of Coprocessors: TEEs, ZK, MPC, FHE
⚙️ Deployment Patterns: VMs vs. Serverless Computing
🔐 Security Infrastructure: KMS, TLS, Persistent Storage
💻 Practical Development: NodeJS, Serverless Subscriptions, Reproducible Builds
🤖 Real-World Applications: AI Agents, High-Throughput DeFi, Confidential Data Processing
The course is free and accessible via Binance Academy.
Why This Matters Now As demand for sophisticated dApps accelerates, onchain computing limitations regarding scalability, cost, and privacy have become critical bottlenecks. Industry giants including Google, Apple, and Microsoft have integrated TEEs as the standard for protecting sensitive data and AI models.
Marlin and Binance Academy are bringing this confidentiality and verifiable computation standard to the decentralized web, addressing a critical skills gap. While TEE technology has become essential infrastructure, comprehensive training resources have been largely unavailable to the broader developer community.
Marlin's Mission in Action Marlin's mission extends beyond building protocol infrastructure to encompass developer evangelism and education. Over the past year, Marlin has been at the forefront of the TEE revolution, coining the term "teeML" (TEE-based machine learning), publishing industry-standard benchmarks comparing teeML, opML and zkML.
By partnering with Binance Academy, a leading blockchain education platform reaching millions of learners, Marlin ensures cutting-edge confidential computing knowledge becomes accessible globally.
What This Means for Developers Smart contracts provide verifiability but can't scale to meet performance demands. Traditional offchain solutions offer speed but sacrifice trust guarantees. TEE Coprocessors solve both problems, enabling Web2-level performance while maintaining cryptographic guarantees and decentralization.
Developers who master TEE coprocessor architecture today will build tomorrow's breakthrough applications, from verifiable AI agents to high-frequency DeFi protocols to privacy-preserving data marketplaces.
Get Started The course is live on Binance Academy. It's free and includes a joint certificate from Marlin and Binance Academy, a credential that will become increasingly valuable as TEE expertise becomes industry-standard.
Whether you're a Web3 developer scaling applications beyond onchain limitations or a Web2 engineer bringing backends onto blockchain infrastructure, this course provides the comprehensive toolkit you need.
Enroll now on Binance Academy and join the next wave of builders shaping verifiable, privacy-preserving Web3 infrastructure.
Resources Course: Binance Academy - Offchain Computing Using TEE Coprocessors Marlin Protocol: marlin.org Developer Community: Join Discord About Marlin Protocol Marlin is a verifiable computing protocol providing high-performance infrastructure for DeFi and Web3. A pioneer in teeML, Marlin delivers production-ready frameworks for secure offchain computation using TEEs.
About Binance Academy Binance Academy is the world's leading blockchain education platform, offering free resources in 20+ languages to millions of learners worldwide.
Follow @MarlinProtocol and @BinanceAcademy for updates.
Scaling Confidential Compute on Sui: Nautilus and Marlin Oyster Integration
Marlin Oyster has integrated with the Sui Nautilus framework. This integration removes the operational overhead of managing TEE infrastructure, making confidential compute accessible to every Sui builder.
Applications on Sui sometimes require forms of computation that are not suited to any blockchain. High-frequency trading bots, AI agents, and sophisticated game logic need processing capacity beyond what onchain environments are designed to provide. Blockchains excel at decentralized state, settlement, and consensus, but they are intentionally not built for scalable, long-running compute that modern backend systems rely on.
The solution is to move complex and sensitive logic offchain. This enables scale but introduces a trust problem: the offchain machine becomes an untrusted black box, vulnerable to tampering and difficult to verify.
Hardware-Backed Trust with TEEs
Trusted Execution Environments (TEEs) address this challenge. A TEE, such as AWS Nitro Enclaves prevents tampering through memory isolation, restricted I/O, and cryptographic measurement (PCRs), and the TEE generates a cryptographic attestation proving exactly what binary is running inside. TEEs provide a practical way to balance performance, confidentiality, and verifiability for offchain workloads.
Nautilus: Foundational Confidentiality on Sui
Sui's Nautilus framework enables verifiable offchain computation. Developers can delegate complex tasks to an offchain TEE while maintaining cryptographic trust onchain through reproducible builds and verifiable attestation. Nautilus provides the foundation for verifiable offchain computation on Sui, enabling secure and attestable interactions between TEEs and Move smart contracts.
Marlin Oyster: Simplifying Access
With the integration, developers can access confidential compute without the operational overhead of managing AWS infrastructure. Nautilus provides the cryptographic foundation for hardware-backed proof. Marlin Oyster provides the execution layer that transforms this into a decentralized marketplace.
How it works
The workflow follows four steps:
Build: Developers package their application into a Docker image. Deploy: Developers submit the job to the Oyster marketplace on Sui, paying with stablecoins. Compute: Registered Oyster operators detect the job submission, automatically provision a Nitro Enclave, and run the workload. Verify: The enclave generates a PCR measurement, which acts as a cryptographic fingerprint of the running code. Sui Move contracts can verify this fingerprint onchain. This workflow preserves the same cryptographic guarantees as a self-managed Nautilus deployment, since operators cannot tamper with enclave execution or attestation.
Even though Oyster operators provision and run the enclaves, they cannot alter the application logic inside. Security comes from the following properties:
Reproducible enclave builds ensure that the measurement (PCR) published on-chain corresponds exactly to the code developers expect. Hardware-backed attestation prevents operators from substituting or modifying binaries. Trust minimization is achieved because verification happens onchain, and the enclave’s identity is validated independently of the operator running it. Operational Comparison
Marlin plans to extend the workflow so that enclave registration and attestation verification can happen automatically onchain. This will let Sui applications confirm enclave identity and integrity without any direct interaction from developers.
By removing the operational complexity of managing TEEs directly, Nautilus and Marlin Oyster enable developers to build secure, attested offchain logic through a straightforward workflow. This opens new possibilities for verifiable AI, agentic automation, and applications that combine secure offchain execution with high-performance onchain coordination. Confidential compute on Sui is no longer limited to infrastructure experts. Developers can now focus on building innovative applications while retaining strong cryptographic guarantees for privacy and correctness.
Developers can start building today with a reference implementation that demonstrates a decentralized price oracle using Oyster enclaves. The demo shows how to fetch data securely, sign it within a Nitro Enclave, and verify the signatures onchain using PCR attestation: https://github.com/marlinprotocol/sui-oyster-demo
Follow our official social media channels to get the latest updates as and when they come out!
Binance will add watch tags for NFP, NOM, POND, QUICK, and VIC.
PANews reported on April 30th that, according to an official announcement, Binance will add more tokens to the watchlist on April 30th, 2026, based on recent reviews. The tokens added to the watchlist are: NFPrompt Token (NFP), Nomina (NOM), Marlin (POND), QuickSwap (QUICK), and Viction (VIC). Tokens with the watchlist tag may have higher volatility and risk compared to other listed tokens. Binance will closely monitor and continuously review these tokens.
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Most AI chatbots pride themselves on speed. Sakana AI just built one that takes its sweet time on purpose.
The Tokyo-based AI research startup launched Sakana Marlin on June 15, its first commercial product. Rather than spitting out instant responses like every other chatbot on the market, Marlin is designed to run autonomous research tasks for up to eight hours, producing comprehensive strategy reports that can stretch to roughly 100 pages.
A virtual Chief Strategy Officer, minus the corner office Sakana AI is positioning Marlin as a “Virtual CSO,” a B2B research agent that mimics the strategic thinking process of a senior executive. The system autonomously forms hypotheses, gathers information from online sources, reconciles conflicting data, and synthesizes everything into polished deliverables, including executive summary slides.
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The product grew out of two notable research efforts at Sakana AI. One is the AI Scientist framework, which earned a feature in Nature. The other is AB-MCTS, a reasoning method that was spotlighted at NeurIPS 2025.
Before going public, Sakana ran a closed beta starting in April 2026 with approximately 300 professionals from sectors including finance and consulting. Pricing follows a dual structure: a pay-per-use model at 100 credits per run, or monthly plans starting at ¥150,000 (roughly $1,000 at current exchange rates).
The money behind the machine Sakana AI is not short on capital. Founded in July 2023, the company raised $200 million in its Series A round in 2024. It followed that up with a Series B of approximately $135 million in late 2025, landing at a post-money valuation of about $2.65 billion.
Backers include MUFG, Japan’s largest financial group, and Khosla Ventures, the Silicon Valley firm known for aggressive AI bets.
What this means for crypto and finance Sakana Marlin is not a crypto product. It doesn’t trade tokens, manage wallets, or run on-chain. But among the sample analysis topics Sakana has highlighted are regulatory changes for stablecoins in Japan and enterprise AI agent market mapping, both of which sit squarely at the intersection of fintech and digital assets.
The risk, as always with AI agents operating without human oversight for hours at a time, is hallucination at scale. A chatbot that makes something up in a two-paragraph response is annoying. An autonomous agent that builds a flawed assumption into page 12 of a 100-page strategy report, then compounds it through 88 more pages of analysis, is a different kind of problem entirely.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
KuCoin Labs, the investment and research branch of the globally recognized digital asset exchange KuCoin, has announced a strategic partnership with Coinweb, a leading innovator in Web3 technology. This collaboration marks a pivotal step towards mutual support and cooperation, aimed at nurturing the Web3 ecosystem to its full potential.
Central to this partnership is the integration between Coinweb Labs’ grant program and KuCoin Labs’ investment initiatives. Projects receiving grants from Coinweb Labs will now enjoy expedited access to investment and incubation opportunities from KuCoin Labs. Additionally, these projects will benefit from enhanced recommendations for listings on the KuCoin exchange. This streamlined process demonstrates both entities’ commitment to encouraging innovation and ensuring sustainable growth within the Web3 sphere.
Leaders Voice Commitment to Innovation and Growth Lou Yu, Head of KuCoin Labs, and Toby Gilbert, CEO and Coinweb’s co-founder, have expressed their enthusiasm for the partnership. Yu highlighted the importance of supporting projects that could transform the Web3 landscape, while Gilbert emphasized the partnership’s role in empowering emerging projects by simplifying access to investment opportunities and fostering innovation for sustainable ecosystem development.
The alliance with Coinweb underscores KuCoin Labs’ faith in Coinweb’s vision, technology, and the potential of its cross-chain computing platform. By facilitating the development and adoption of this platform, KuCoin Labs aims to attract developers, entrepreneurs, and projects to the Coinweb ecosystem, enriching it with diverse applications and services.
Looking ahead, KuCoin Labs is poised to influence the blockchain and decentralized technology landscape significantly and strategically. This approach aligns with KuCoin Labs’ mission to foster innovation, acceptance, and overall growth in the blockchain sector, further cementing its role as a key player in shaping the future of Web3 and blockchain technologies.
AUTHOR
Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
In a significant move that marks the melding of cutting-edge Web3 solutions and interoperable blockchain infrastructure, THXNET., a pioneering entity in the Web3aaS (Web3 as a Service) sector, has unveiled a strategic partnership with Coinweb, a prominent layer 2 interoperability platform. This collaboration is poised to usher in a new era for the Web3 ecosystem, enhancing the transition of Web2 enterprises into the decentralized realm.
THXNET., recognized for its comprehensive Web3aaS Plug & Play Blockchain Network innovations, aligns its resources with Coinweb’s advanced technological framework. This partnership is fueled by a mutual commitment to improve blockchain interoperability and scalability, thereby facilitating a more seamless integration for businesses venturing into Web3.
The integration brings to the fore Coinweb’s remarkable features including Cross-Chain Token Issuance, Cross-Chain Routing, and Optimized Load Balancing which are essential for navigating the complex landscape of multiple Layer 1 blockchains. Furthermore, the collaboration introduces Enhanced Wallet Libraries, Reactive Cross-Chain Smart Contracts, and innovative solutions for Gas Fee Abstraction which are designed to reduce operational costs and enhance transaction efficiency.
Aro Kondo, Co-Founder and CEO of THXNET., expressed enthusiasm about the partnership: “We are absolutely thrilled to partner with Coinweb, a seasoned and reputable enterprise in the blockchain industry. This collaboration represents a significant stride towards our shared vision of fostering innovation and scalability within the Web3 space.”
Paving the Way for Innovation THXNET. has already demonstrated a significant impact within the blockchain arena, notably with the successful launch of its Layer 0 & Layer 1 Mainnets, establishment of over 136,000 unique wallets, and execution of 1.34 million transactions. The company’s engagement with entities like Urawa Reds football club and over 20 other partners underscores its influential role in transitioning from traditional Web2 frameworks to decentralized Web3 solutions.
Toby Gilbert, CEO of Coinweb, emphasized the importance of this strategic alliance, “We are excited to announce our integration with THXNET. This partnership represents a significant milestone in our journey to drive interoperability and scalability within the blockchain industry. By combining Coinweb’s advanced infrastructure with THXNET’.s innovative Web3 solutions, we will be able to speed up the creation of a much more advanced ecosystem of Web2 businesses converting to Web3.”
This partnership not only marks a pivotal moment for the Web3 community but also sets a precedent for future collaborations between tech innovators. The alliance will also include joint marketing initiatives, capitalizing on THXNET.’s vibrant community engagement strategies and Coinweb’s technological prowess. Positioned at the forefront of the Web3 revolution, THXNET. continues to champion the Web3aaS Plug & Play Blockchain Infrastructure, facilitating the seamless adoption of blockchain technologies among businesses.
Meanwhile, Coinweb stands as a testament to the evolving landscape of blockchain interoperability, with its Layer 2 protocol enhancing the connectivity and scalability of decentralized applications across diverse blockchains. As THXNET. and Coinweb embark on this collaborative journey, the future of Web3 appears increasingly promising, paving the way for a new wave of enterprise transformation and innovation within the digital ecosystem.
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Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
DeFi protocol Linear Finance faced a severe setback this Thursday as the company announced plans to cease operations. In an official X post on March 27, the entity made a ‘Notice of Closure’ announcement. The protocol’s native token LINA also crashed hard, extending weekly losses to nearly 70% amid the project encountering turbulent waters.
Linear Finance Issues ‘Notice Of Closure,’ Here’s Why In its recent X post, Linear Finance revealed that the tough decision to pull the plug is attributed to the firm’s financial struggles. Despite recurrent efforts to foster innovation and growth, the DeFi protocol has failed to generate sustainable returns.
As a direct response, the entity announced a ‘Notice of Closure,’ turning heads across the broader market. The announcement revealed that ‘outside of a brief period of profitability during its initial launch in 2019/20, the project has faced burgeoning financial challenges.’
DeFi Protocol Faces Setback As Functioning Model No Longer Available Initially, the project was funded via a combination of personal contributions by the project owner and token liquidations. However, Linear Finance announced that this model is no longer feasible. In turn, the company announced plans to end the run.
Meanwhile, it’s also worth pointing out the recent setback presented by Binance. The cryptocurrency exchange giant earlier announced plans to delist the LINA token, adding to its struggles. The DeFi entity revealed that the delisting saga chronicle on one of the top crypto exchanges slammed 65% of the coin’s market cap.
Keeping in mind the abovementioned setbacks, a ‘Notice of Closure’ was issued. The project’s key stakeholders also made a collective decision to wind down operations.
LINA Price Crashes As of press time, LINA price witnessed a 6% dip and exchanged hands at $0.0006215. The coin’s intraday low and high were $0.0006091 and $0.0009516, respectively.
Weekly and monthly charts for the token showcased a 67% and 72% crash, respectively. The bearish price movement comes primarily attributed to Binance’s delisting and Linear Finance pulling the plug on operations. Currently, crypto market participants continue to await further details on the matter.
Decentralized asset protocol Linear Finance has announced it will cease operations, citing prolonged financial difficulties and the impact of Binance delisting its native token.
In a statement shared on X, the Linear Finance team explained that despite years of development, their project failed to generate sustainable revenue.
The protocol saw a brief period of profitability following its 2019-2020 launch but struggled in subsequent years.
The final blow came when Binance announced the delisting of LINA, effective March 28, 2025. This triggered a sharp 65% decline in the token’s market capitalization, reducing Linear Finance’s remaining operational runway.
The project had been primarily funded through personal contributions from its founder and token liquidations, an unsustainable model that ultimately led to the decision to wind down operations.
“Our Operations Team will be in touch shortly with clear timelines and step-by-step instructions for users with active positions across our dApps,” the announcement stated.
‘Zero transparency’ Linear Finance criticized Binance’s decision, highlighting the exchange’s recent introduction of community-driven listing and delisting votes.
The team expressed frustration over what it described as a lack of transparency, stating, “There had been no vote, no warning, and zero transparency” regarding the removal of LINA and other tokens, including AERGO, AST, BURGER, and COMBO.
Linear Finance Responds to Binance's LINA Delisting
Today, we at Linear Finance were caught completely off guard by Binance’s decision to delist LINA effective March 28th. Like many others, we first learned of this development via an official blog post, with no prior warning or…
— Linear Finance (@LinearFinance) March 21, 2025 The LINA token has since experienced a significant decline, dropping 5% in the past 24 hours despite a 30% spike in trading volume, indicating heightened market activity.
Linear Finance’s shutdown follows recent turmoil in the decentralized exchange space, including Hyperliquid’s forced delisting of JELLY after a liquidity crisis.
The Linear Finance team thanked its community and partners, stating, “We deeply appreciate your belief in the vision of Linear Finance and wish you every success in the future.”
Linear Finance, operating within the DeFi sector, announced the suspension of its operations due to prolonged financial troubles. According to the company’s official statement on March 27, the inability to establish a sustainable revenue model and ongoing losses have led to the closure process. Immediately following the announcement, there was a significant drop in the price of the protocol’s native token, LINA, which lost nearly 70% of its value on a weekly basis, causing panic among investors. This development has triggered concerns about the potential risks in similar projects across the sector.
Long-Term Losses and Unsustainable ModelAlthough Linear Finance reported short-term profits during 2019/20, it later faced ongoing financial challenges. The company stated that its financing model lost sustainability due to both external market conditions and internal weaknesses. Initially, the project was supported by funds from the founding team and token sales, but over time, these revenues became insufficient to meet operational needs.
In the DeFi world, many protocols aim to serve users according to the principle of decentralization, making the sustainability of their revenue model crucial. The case of Linear Finance highlights how fragile this delicate balance can be. The company’s losses are attributed not only to external market conditions but also to strategic missteps. This underscores the necessity for DeFi projects to possess strong foundations in both technology and financial management.
Significant Value Loss for LINA TokenFollowing the announcement of the company’s closure, the price of the LINA token sharply declined. Weekly data indicates a drop of approximately 70%, leaving investors uneasy. This decline is influenced not only by the closure announcement but also by the delisting process on major exchanges like Binance. Some market observers suggest that the decline in LINA’s trading volume has made its removal from platforms inevitable.
This steep drop in token prices indicates a loss of trust in Linear Finance. It is noteworthy that investors are starting to adopt a cautious approach toward similar projects. Experts argue that such sudden value losses can also affect the general risk perception in the cryptocurrency market. The experience of Linear Finance clearly illustrates the critical importance of financial sustainability for both users and developers.
Industry stakeholders emphasize that DeFi projects require not only technological success but also solid financial planning. The recent increase in market volatility further highlights these fragile structures. The closure of Linear Finance has become a striking example that underscores this vulnerability.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key NotesLinear Finance is closing its operations owing to financial troubles.The LINA token was recently delisted by Binance.Linear Finance said that its financial model became unsustainable over time. Linear Finance, a decentralized protocol that enables the instant creation of synthetic assets, has officially announced its decision to cease operations.
This unexpected development has shocked the DeFi community, triggering a sharp sell-off in its native token, LINA, which has plummeted by 25% in the past 24 hours.
Notice of Closure
After careful consideration, Linear Finance has made the difficult decision to cease operations.
Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of…
— Linear Finance (@LinearFinance) March 27, 2025 Meanwhile, according to the data from DefiLlama, the total value locked (TVL) of the protocol has crashed to a mere $79,521, significantly down from its peak levels above $32 million.
The Collapse of Linear Finance In an official statement, Linear Finance confirmed that it had struggled to generate sustainable returns over the years, despite an initial period of profitability following its launch in 2019-2020.
The project’s financial model, which relied on personal contributions from the project owner and token liquidations, became unsustainable over time.
The final blow came from Binance’s recent decision to delist the LINA token, which wiped out 65% of its market capitalization.
This delisting drastically reduced the project’s operational runway, leaving Linear Finance with no choice but to shut down.
Market Reaction and LINA’s Price Plunge Following the announcement, LINA’s price has taken a steep dive, currently trading at $0.0005036, marking a 25% decline in the last 24 hours, as per CoinMarketCap data.
The token’s market cap now stands at $5.03 million, while its 24-hour trading volume rose by 34.76% to $54 million, indicating panic-driven sell-offs.
Technical indicators signal further bearish momentum for LINA. The Relative Strength Index (RSI) is at 22.45, deep in the oversold territory, suggesting extreme selling pressure with little immediate signs of recovery.
The Bollinger Bands (BB) show that the price is close to the lower band ($0.00035), indicating strong downward momentum and a lack of buying interest at current levels.
A failure to hold above this lower BB could result in another massive dump for the LINA token.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Cryptocurrency News, News
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
If you’re thinking of launching your own token on Solana, Raydium LaunchLab could be a name to know. The platform promises simple no-code token creation with real DeFi juice. Whether you’re building a meme coin, a serious utility project, or just experimenting, LaunchLab aims to give you the tools (and curves) to make it happen. So, is it as good as it looks from the outside? Here’s what to know in 2026.
KEY TAKEAWAYS
➤ Raydium LaunchLab provides customizable token launches with features like bonding curves, vesting schedules, and integration with Raydium’s AMM.
➤ Unlike platforms such as Pump.fun and Pompom, LaunchLab supports multiple quote tokens (SOL, USDC, USDT, jitoSOL).
➤ LaunchLab enhances the Solana ecosystem by enabling token creation and liquidity integration.
In this guide:
What is LaunchLab?How does LaunchLab work?What are LaunchLab’s key features?Is there a LaunchLab airdrop?How is LaunchLab different from Pump.fun and Pompom?Why LaunchLab matters for SolanaWhat is LaunchLab?Built into the Raydium ecosystem, LaunchLab is a no-code, permissionless token launchpad that lets anyone create and launch a token in minutes.
LAUNCHLAB REWARD POOL IS GROWING 🪂
Throughout the past 2 weeks, we have allocated a total of 400,000 RAY to eligible LaunchLab users
Another 50,000 in RAY rewards is now available, this time with even more token creator rewards 🪂 pic.twitter.com/PdsjZZIG4z
— Raydium (@RaydiumProtocol) April 30, 2025 Think of it as a vending machine for tokens: you plug in your details, pick your bonding curve, set a few parameters, and your token goes live.
Did you know? A bonding curve is a mathematical pricing formula that determines how a token’s price increases as more of it gets bought. With LaunchLab, you can choose curves like linear, exponential, or logarithmic, meaning you control how price and demand interact right from the start.
It’s not just about launching. Once your token hits certain thresholds, LaunchLab connects it to real liquidity via Raydium’s AMM (automated market maker). That means your token can be bought and sold directly on Raydium, just like any major coin, without manual listings or middlemen.
Why was LaunchLab created?Before LaunchLab, launching a token meant losing sleep over smart contracts, begging for AMM listings, and hoping your liquidity pool didn’t get drained by snipers. It was technical, slow, and mostly built for developers, not creators.
Raydium built LaunchLab to change that and give every creator a chance to launch with full control, smart liquidity flows, and pricing curves to match their project’s vibe.
Raydium LaunchLab interface: RaydiumWhether you’re testing an idea or building a movement, Raydium LaunchLab makes it feel native — because that’s what it is.
How does LaunchLab work?So, how does Raydium LaunchLab actually work behind the scenes? The good news is that you don’t need to be a dev. Here’s a quick example of the token creation process.
To create a token on LaunchLab you must:
• Pick a launch mode
• Enter token details
• Hit launch
Step 1: Pick your launch modeYou’ll start by choosing between two modes:
JustSendIt – for folks who want to go live now, with minimal fuss. LaunchLab Mode – for those who want customization: bonding curve shape, token supply, fees, vesting, etc. Token creation method one: LaunchLabStep 2: Enter your token detailsThis is your token’s bio. You name it, assign a symbol, upload a logo if you like, and set the total supply. Then, you decide what % you want to sell to the public.
There’s a minimum raise target (e.g., 30 SOL), and you decide the bonding curve logic.
You can choose from the following bonding curve logics:
Linear: Price rises steadily. Exponential: Starts low, then shoots up — great for rewarding early buyers. Logarithmic: Price climbs fast early, then slows — good for smoothing late entries Note: This curve becomes your token’s pricing engine during the launch window.
Token creation method two: LaunchLabStep 3: Hit launch, and optionally, be firstOnce you hit launch, anyone can start buying tokens along the curve. But LaunchLab gives you a cool option: you can make the first buy yourself. That stops bots and snipers from messing up your initial momentum.
Step 4: Automatic liquidity kick-inOnce the raise hits your predefined goal (let’s say 85 SOL), LaunchLab automatically pushes your token and the collected SOL into a liquidity pool on Raydium’s AMM. It even burns the LP tokens, so the liquidity is locked. You can’t pull it, and neither can anyone else.
Step 5: Earn from trading feesHere’s the kicker. If you enable creator fee share, you earn 10% of all LP trading fees from that pool. You get an NFT (“fee key”) that proves you’re the creator, and yep, that NFT is the key to claiming those earnings.
That’s it. From token creation to price logic and real, functioning liquidity in one smooth workflow.
Additional token creation details: LaunchLabWhat are LaunchLab’s key features?You’ve seen the workflow. Now let’s talk about what makes Raydium LaunchLab not just functional, but also powerful.
These features are designed to help you launch like a pro, even if it’s your first time deploying a token.
Full customization with Bonding curves & capsYou’re not locked into one-size-fits-all logic. LaunchLab lets you shape how your token behaves, starting with your bonding curve (linear, exponential, or logarithmic) and ending with your raise cap. So whether you’re rewarding early buyers or trying to maintain price stability, you get to call the shots.
Built-in liquidity via Raydium’s AMMOnce your raise completes, LaunchLab pushes your token and funds into Raydium’s AMM automatically, something we mentioned earlier while discussing the platform’s modus operandi.
Did you know? Many launch platforms rely on manual liquidity adds or third-party DEX listings. LaunchLab skips that entirely by integrating with Raydium, one of Solana’s top AMMs.
Enable Creator Fee Share, and you earn 10% of all trading fees from your token’s AMM pool. You’ll receive a unique Fee Key NFT, which acts like a revenue pass. As long as it’s in your wallet, you can earn from every trade your community makes.
Support for multiple quote tokensYou’re not limited to SOL. With Raydium LaunchLab, you can set your raise in SOL, USDC, USDT, or jitoSOL, depending on what fits your strategy or audience best.
Did you know? jitoSOL is a liquid staking token built on Solana by Jito Labs. Jito Labs, the team behind jitoSOL, is one of the key players in Solana’s infrastructure scene. The team is known for building tools that optimize staking, validator performance, and MEV (Maximal Extractable Value) solutions — basically helping Solana run faster, fairer, and more efficiently.
Vesting & token unlock optionsIf your project isn’t just a meme (and you’re thinking long-term), LaunchLab has you covered. You can set up vesting schedules, delayed unlocks, and custom distribution plans — all without writing a single line of code.
JustSendIt mode for one-click launchesWant to skip all the custom options? Use JustSendIt Mode, set the basics, and go live in minutes. Perfect for meme coins, experiments, or fast-moving trends.
Is there a LaunchLab airdrop?Be honest; you were hoping for some alpha here, right? So far, there’s no official LaunchLab token, but there have been whispers.
The Raydium team recently dropped a tweet with an airdrop emoji, and the community’s been speculating ever since. So, while there’s nothing confirmed, if you’re interacting with Raydium LaunchLab now, you might be early.
RAY REWARDS FOR TRADERS AND CREATORS 🪂
Traded OR launched a LaunchLab or @bonk_fun token?
Rewards are claimable for eligible participants
More trades AND more tokens launched = better odds 🪂
And yes, another 50,000 $RAY has been added to the prize pool.
Run it back! pic.twitter.com/8dDjYRRyff
— Raydium (@RaydiumProtocol) April 29, 2025 It’s also worth noting that there’s already a referral rewards program tied to LaunchLab launches. Share a project and if someone swaps through your link, you get 0.1% of that volume airdropped directly in SOL. Not a massive bag — but it’s clean, real, and instant. So, no token drop (yet), but definitely a few perks floating around.
How is LaunchLab different from Pump.fun and Pompom?At first glance, all three might look like token launch platforms riding the same meme wave. But dig a little deeper, and it’s clear that Raydium LaunchLab plays a different game. Here is a quick comparison table to validate that notion.
FeatureRaydium LaunchLabPump.funPompomCustomization levelHigh: bonding curves, vesting, multiple token pairsLow: one-click, minimal setupMinima: meme-first, visual-firstLiquidity handlingAuto-migrated to Raydium AMM with LP burnInitially Raydium, now uses PumpSwapNo direct AMM integrationSupported quote tokensSOL, USDC, USDT, jitoSOLSOL onlyMostly SOLPost-launch toolsFee share via NFT, locked liquidityNone (highly experimental)Basic trading, no fee-sharingIdeal forBuilders, long-term projects, serious launchesFast meme coins, viral dropsMeme vibes, visual discovery, and rapid spin-upsWhy LaunchLab matters for SolanaRaydium LaunchLab isn’t just another Solana token launch platform; it’s an infrastructure layer that makes token creation, liquidity, and discovery feel native. By combining deep AMM integration with permissionless tools and bonding curve logic, it helps creators and strengthens Solana’s DeFi flywheel. Whether you’re shipping a meme or a serious project, LaunchLab brings long-term mechanics to what used to be short-term hype.
While it might just be the right time to start exploring it in depth, it’s important to proceed with caution, particularly if you’re looking at investing in LaunchLab-made meme coins. Be wary of scams and fishing links and prioritize safety whenever interacting in such new, decentralized spaces.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The Dogecoin supply has risen steadily over the years, given that there is no limit to how many tokens that could be mined. This infinite number has often worked against the digital asset, as the constant rise in supply has affected the ability of demand to stay ahead. Now, again, even more tokens are about to be sent into circulation, causing the Dogecoin supply to rise once more.
Dogecoin Linear Unlocks in 7 Days Reporter Wu Blockchain took to X to share information on massive token unlocks that are coming into the market. Among the most notable ones is Dogecoin, which is seeing a large amount of tokens that are going to be unlocked over a period of seven days.
According to the report, a total of 96.52 million Dogecoin tokens are expected to be unlocked during this one week period, starting on Monday. Token Unlocks data shows that $3.41 million worth of DOGE are expected to be unlocked daily, which works out to approximately 14 million tokens being released everyday.
By the time the unlocks are done, the Dogecoin supply would have grown around 0.06%. While this figure does seem insignificant compared to the already massive DOGE supply, the news could still have an impact on the meme coin’s price. As $22.75 million in total is being circulated into the market, it could trigger selling pressure, which could lead to a temporary correction in the Dogecoin price.
Nevertheless, the Dogecoin price has shaken off the first batch of release and continues to trade high as bulls are still maintaining support above $0.22. If buying pressure continues to be high, then it is possible that the market absorbs the DOGE token unlocks without any noticeable impact on price.
Other Token Unlocks To Watch Out For Besides the Dogecoin linear unlocks, there are also other tokens seeing a notable number of tokens being either cliff or linearly unlocked. The likes of Aptos, Avalanche, and Arbitrum are all seeing unlocks crossing $30 million in value. These unlocks are being done on a cliff basis. Other ones include $10.30 million in MELANIA tokens, further threatening the TRUMP-adjacent token that has done nothing but crash since its release.
Source: X When it comes to linear unlocks, the highest one is coming from Solana, with 455,770 SOL worth $81.84 million being released in seven days. Worldcoin’s 37.23 million tokens worth $48.02 million comes in second, and Celeste’s 6.96 million tokens worth $22.48 million comes third. Dogecoin is a close fourth with its $22.75 million figure.
DOGE struggles to stay ahead of bears | Source: DOGEUSDT on TradingView.com Featured image from Dall.E, chart from TradingView.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
PANews reported on August 15th that, according to The Block , crypto derivatives exchange Deribit announced it will launch USDC -settled linear options and futures contracts on Bitcoin ( BTC ) and Ethereum ( ETH ) on August 19th , further expanding its stablecoin-settled product line. The new contracts will have a minimum order size of 0.01 BTC and 0.1 ETH , enhancing trading accessibility. Deribit launched USDC -settled linear options on Solana , Polygon , and XRP last year, but has since delisted the existing MATIC options. Deribit cited growing demand for stablecoin-settled derivatives from both institutional and retail investors as the catalyst for this expansion. The exchange, which recently was acquired by Coinbase for approximately $ 2.9 billion, saw trading volume exceed $ 185 billion this month.
The long-awaited Linea airdrop is fast approaching, with the launch date set on September 10, 2025. Around 9.36 billion LINEA tokens will be distributed to over 749,000 eligible wallets. This will kickstart a major milestone for ConsenSys’ Ethereum Layer-2 project. While the crypto community is looking on, the question at hand is, what would be LINEA price when it finally hits the market? Even though numbers cannot be accurately predicted at this point, various factors could likely influence the Linea token launch price.
Why Linea Airdrop Matters Linea token airdrop is approaching, as Linea is in the spotlight as a zk-rollup solution designed to scale up Ethereum, making it faster, cheaper, and easier for developers. The crypto project carries instant credibility in the Ethereum ecosystem, for being backed by ConsenSys, the team behind Infura and MetaMask. Linea promises to address the often spike in gas fees during busy periods by offering quicker transactions and lower fees. This positions it as a strong player in the race to Ethereum scalability.
Five weeks ago, Ethereum celebrated 10 years of zero downtime. Next week, LINEA becomes the most significant token to enter the ecosystem since ETH itself.
The eligibility checker is now live ahead of the September 10 TGE.
Check yours at https://t.co/GDV3kRe0Kf pic.twitter.com/emB8WlqCNF
— Linea.eth (@LineaBuild) September 3, 2025
Linea token airdrop
The team has made it clear that the Linea airdrop launch is not just a reward for early users, but is also designed to start Linea’s token economy. As the 90-day Linea airdrop window opens, the token launch is expected to stir excitement across trading and DeFi communities, just like other high-profile rollups.
What’s the Buzz on Price? We can get a glimpse of what the launch price will look like, given that LINEA is already having pre-market sessions like now on top exchanges such as Kucoin and MEXC. The token reportedly experiences price swings, trading from as high as $0.11 to as low as $0.00017. It is currently settling at around $0.03. Such a scenario is common in a typical pre-market environment because of low liquidity and scarce information. Most moves come from speculation rather than solid fundamentals.
LINEA 7-Day Pre-Market Price Chart (Source: Kucoin) According to analysts, the token’s price at launch could be somewhere between $0.02 and $0.05, based on an initial circulating supply of 15.8 billion tokens (about 22% of the 72 billion total). Still, launches of crypto airdrops can be notoriously unpredictable, so sharp pumps or steep drops are both on the table.
What Will Shape Linea Launch Price? Several key factors will likely decide where the price lands on launch day, amidst the Linea airdrop:
Airdrop Dynamics – 9.63 billion tokens are expected to be unlocked and dropped immediately into wallets. There’s a likelihood that some holders will quickly cash out, pulling down the price. However, if enough of them hold onto their tokens, the market will remain stable. Market Sentiment – The overall crypto sentiment is positive right now, even though the Fear and Greed Index is neutral at 41. Ethereum price is holding around $4,300, and the talk of potential U.S. Fed’s rate cuts is fueling more liquidity in the market. This creates a supportive environment for the launch. Linea’s Traction – Currently, Linea has a total value locked (TVL) of $1.28 billion and over 200 million transactions, according to DefiLlama. This positions it as one of the leading Layer 2 projects. Often, strong adoption translates into strong demand. Exchange Listings – Should top crypto exchanges like Big names like Binance or Coinbase list LINEA, could experience a fast increase in liquidity and trading volume. This could push prices upwards. Final Thoughts Where the LINEA price lands on day one will come down to how many airdrop recipients cash out versus how many new buyers step in. By gradually unlocking the remaining 78% of tokens, it could keep prices in check. Not unless its adoption increases and demand outpaces supply.
Either way, the September 10 launch is a milestone not just for Linea but for Ethereum scaling as a whole, and the crypto world will be watching closely.
Frequently Asked Questions (FAQs)
The Linea token airdrop is set for September 10, 2025, with 9.36 billion tokens distributed.
Analysts estimate between $0.02–$0.05, but sharp volatility is likely.
Airdrop sell-offs, exchange listings, market sentiment, and adoption levels.
The U.S. Fed is expected to cut interest rates on Sept. 17, 2025. Large-scale token unlocks can result in downward pressure on crypto markets. Linear unlocks distribute tokens gradually over a pre-set time; cliff unlocks happen immediately. With certainty that the U.S. Federal Reserve will cut interest rates this week, crypto markets have begun to see bullish inflows ahead of the decision, which is expected on Sept. 17.
However, this market uptick may have some challenges, at least in the short term, as around $800 million worth of token unlocks are set to flood the markets over the next seven days.
This could place significant downward pressure on the market as recipients offload their tokens during the market highs.
Upcoming Linear Unlocks According to Tokenomist, the following altcoins will be gradually releasing tokens onto the market over the coming week.
Leading this week’s linear unlocks is Solana (SOL), which will unlock 502.930 SOL worth $120.7 million, or 0.09% of its circulating supply.
Up next is Worldcoin (WLD) with a linear release of 37.23 million tokens worth $59.93 million.
The Official Trump (TRUMP) token will be releasing 4.89 million worth $41.72 million.
Other notable linear unlocks include:
Dogecoin (DOGE) 96.54 million (0.06% of circ. supply) – $26.68 million. Story (IP) 2.32 million (0.73% of circ. supply) – $22.87 million. Avalanche (AVAX) 699,850 (0.14% of circ. supply) – $19.98. Upcoming Cliff Unlocks As per Tokenomist data, roughly $410.5 million in cliff unlocks are set to take place over the next week.
Narrowly taking the top spot is Fasttoken (FTN), which will unlock 2.08% of its supply and drop 20 million tokens worth $89.6 million on Sept. 18.
Next up is Optimism (OP), which has a large release set for Sept. 21, in which it will drop 116 million OP worth roughly $88.4 million, unlocking 6.89% of its supply.
LayerZero (ZRO) is set to unlock 8.53% of its supply, 25.71 million ZRO worth $49.62 million, on Sept. 25.
Other notable cliff unlocks include:
Velo (VELO) 3 billion (13.63% of circ. supply) – $46.96 million. Arbitrum (ARB) 92.65 million (2.03% of circ. supply) – $46.18 million. Sei (SEI) 55.56 million (1.18% of circ. supply) – $18.42 million. Recommended Secure Partners
Eddie is a gaming and crypto writer at CCN. Covering the often weird and wonderful world of Web3 with an adoring, but skeptical eye.
Prior to CCN, Eddie has spent the past seven years working his way through the crypto, finance, and technology industry. He began with PR and journalism with Bitcoin PR Buzz and BitcoinNews.com, eventually working his way to become a copywriter with a dozen firms, including the likes of Polkadot before returning to journalism in 2023.
Having studied Radio production and journalism at University in the UK, Eddie spent a few years making podcasts and presenting on a local London radio station as he built up his writing chops.
A lifelong skateboarder, Eddie can often be found at the skatepark or touring the streets looking for something new to try. That, or kicking back playing JRPGs on his original PSP.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
4 minutes ago
WSJ: CoinEx Linked to Iran-Related Cryptocurrency Fund Flows
According to a Wall Street Journal report, since 2019, wallets linked to Iran have transferred over $3.84 billion in assets via cryptocurrency exchange CoinEx. On-chain data shows that CoinEx’s custodial wallet received crypto proceeds from hacks tied to Iran’s central bank, and conducted direct transactions with accounts previously designated by U.S. officials as belonging to Iran’s Islamic Revolutionary Guard Corps. Additionally, in 2024, CoinEx replaced Binance to become the largest overseas counterparty for Iranian exchange Nobitex, with the two parties recording over $763 million in fund flows last year. Between 2022 and 2025, CoinEx’s custodial wallet also processed transactions involving individuals suspected of participating in the sanctioned Iranian oil sales network.
TLDRWeakness in Entertainment and Linear NetworksDisney Stock Drops to $107.30 After Q4 ResultsGet 3 Free Stock Ebooks Disney stock dropped 8% after mixed fourth-quarter earnings. The company reported revenue of $22.5 billion, missing Wall Street’s $22.83 billion estimate. A 6% decline in Disney’s entertainment division contributed to the revenue miss. Linear network revenue fell by $107 million compared to the same quarter in 2024. Operating income dropped 21% due to weaker ad spending and declining viewership. Disney stock (NYSE: DIS) fell by 8% on Thursday, November 13, following the company’s mixed fourth-quarter earnings results. The company reported revenue of $22.5 billion, which missed Wall Street’s estimate of $22.83 billion. A 6% drop in its entertainment division largely caused the revenue shortfall.
Weakness in Entertainment and Linear Networks The decline in Disney’s entertainment division contributed to lower revenue for the quarter. This drop included a $107 million decrease in linear network revenue compared to the same quarter in 2024. Operating income for the quarter also fell by 21%, reflecting weaker ad spending and lower viewership.
In addition, Disney’s domestic TV networks saw a decrease in advertising revenue. This was due to weaker viewership and a $40 million loss in political ad spending compared to last year. Moreover, the company’s theatrical performance continued to underperform, further pressuring its earnings.
Disney Stock Drops to $107.30 After Q4 Results Despite weaker overall revenue, Disney’s streaming business showed strong growth. Disney+ added 3.8 million new subscribers in the fourth quarter, contributing to a $352 million profit from its direct-to-consumer segment. This segment, which includes Disney+ and Hulu, saw a profit increase from $253 million last year.
Disney’s experiences division, which includes theme parks and resorts, posted a 6% year-over-year revenue increase for Q4. However, results fell short of analysts’ expectations. Full-year operating income for the division rose by 13%, and the company expects profit growth in the high single digits next year.
The Walt Disney Company, DIS
Disney stock traded at $107.30 at the time of writing, down from the previous close of $116.65. The company is targeting $375 million in profit for the first quarter of fiscal 2026. Disney also plans to merge its streaming platforms next year after achieving $1.33 billion in full-year streaming operating income.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
4 minutes ago
WSJ: CoinEx Linked to Iran-Related Cryptocurrency Fund Flows
According to a Wall Street Journal report, since 2019, wallets linked to Iran have transferred over $3.84 billion in assets via cryptocurrency exchange CoinEx. On-chain data shows that CoinEx’s custodial wallet received crypto proceeds from hacks tied to Iran’s central bank, and conducted direct transactions with accounts previously designated by U.S. officials as belonging to Iran’s Islamic Revolutionary Guard Corps. Additionally, in 2024, CoinEx replaced Binance to become the largest overseas counterparty for Iranian exchange Nobitex, with the two parties recording over $763 million in fund flows last year. Between 2022 and 2025, CoinEx’s custodial wallet also processed transactions involving individuals suspected of participating in the sanctioned Iranian oil sales network.
While XRP has struggled with the rest of the crypto market, analyst EGRAG shows its linear regression model still points to bullish long-term targets.
Specifically, after a strong showing in July 2025, when it rallied by an impressive 35% to cross the $3 mark, XRP slipped into a bearish position the following months, collapsing by as much as 8.15% in August to lose the $3 mark. Despite a slight 2.55% recovery in September, XRP has maintained a downward trend since then.
Today, the crypto asset is down nearly 45% from its July 2025 peak, currently trading for $2.02, as the bears battle to flip the $2 level from support to resistance. Despite this recent downtrend, EGRAG Crypto has maintained his long-term bullish stance, as he continues to take data from chart structures.
XRP’s Interaction with the Regression Channel This time, the market analyst called attention to XRP’s long-term linear regression channel on a logarithmic scale. For the uninitiated, a linear regression channel is a trading tool that uses price data to draw a straight trend line showing the overall direction of the market.
It then places two parallel lines above and below that trend at equal distances, often based on price volatility. Notably, the center line shows the market’s average value, while the upper and lower lines serve as moving resistance and support levels.
Notably, data from EGRAG’s monthly chart shows that XRP slipped below the lower trendline of the channel during the contagion from the Terra collapse in May 2022 and remained underneath the channel until November 2024, when the Trump-led rally pushed prices toward $2.
XRP Regression Channel | EGRAG Crypto XRP slipped into the channel in December 2024 and January 2025. However, with the retracement in February 2025 and the price struggles throughout this year, XRP has again slipped below the lower trendline, currently battling to re-enter the channel.
Three Important XRP Price Levels According to EGRAG, there are three important price targets for XRP if the crypto asset overcomes bearish pressure and pushes into the linear regression channel. Notably, each price target aligns with a level within the regression channel.
Specifically, the first price level sits around the January 2025 high of $3.4, aligning with the lower trendline. EGRAG referred to the $3.4 mark as the mean reversion, noting that if XRP ever attempts to claim this area but faces rejection, this will represent one of its strongest bearish indicators. However, if XRP closes above this region, it will have entered bullish territory.
Meanwhile, the next price level rests on $10, representing the upper midline or two standard deviations above the regression midline (+2D). EGRAG believes XRP would witness full expansion at this point. Nonetheless, he confirmed that the price level in this area typically rises due to the logarithmic nature of the chart.
Importantly, the most bullish level is around $27, which marks the top of the channel. This area represents a 1,236% increase from XRP’s current price. According to EGRAG, several long-term confluences also lead to this $27. Last month, he suggested that XRP could follow two paths from the prevailing position, but both paths would still lead to the $27 price.
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.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
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Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
4 minutes ago
WSJ: CoinEx Linked to Iran-Related Cryptocurrency Fund Flows
According to a Wall Street Journal report, since 2019, wallets linked to Iran have transferred over $3.84 billion in assets via cryptocurrency exchange CoinEx. On-chain data shows that CoinEx’s custodial wallet received crypto proceeds from hacks tied to Iran’s central bank, and conducted direct transactions with accounts previously designated by U.S. officials as belonging to Iran’s Islamic Revolutionary Guard Corps. Additionally, in 2024, CoinEx replaced Binance to become the largest overseas counterparty for Iranian exchange Nobitex, with the two parties recording over $763 million in fund flows last year. Between 2022 and 2025, CoinEx’s custodial wallet also processed transactions involving individuals suspected of participating in the sanctioned Iranian oil sales network.
TLDR HYPE leads cliff token unlocks with $304.84M in value, releasing 9.92M tokens at 1.21% of adjusted released supply. BERA will unlock 43.08% of its adjusted supply, totaling 65.66M tokens worth $30.27M. RAIN tops linear token unlocks with 9.41B tokens releasing, valued at $91.44M, or 2.77% of circulating supply. SOL’s linear unlock totals $48.24M, with 0.08% of circulating supply affected. The total value of cliff and linear crypto token unlocks for the week surpasses $638 million. Between February 2 and February 9, crypto token unlocks will exceed $638 million in combined market value. The scheduled token unlocks fall under two categories: large cliff unlocks and large linear unlocks, each impacting token circulation differently. Tokenomist reports that all listed unlocks, taken individually, exceed $5 million in released value.
Cliff Token Unlocks Hit $394M Led by HYPE and BERA HYPE will release 9.92 million tokens valued at $304.84 million, accounting for 1.21% of its adjusted released supply. This represents the highest-value cliff unlock in the period, despite a relatively low percentage of total supply.
XDC will unlock 841.18 million tokens, worth $30.55 million, equating to 5% of its adjusted released supply. BERA will see 65.66 million tokens unlocked, worth $30.27 million, which represents 43.08% of its adjusted supply.
ENA follows with 212.50 million tokens unlocked, valued at $29.02 million, which equals 2.87% of its supply. These cliff-based crypto token unlocks can increase available supply quickly, possibly affecting token liquidity and volatility.
RAIN Tops Linear Token Unlocks with $91M Token Release In the linear token unlocks category, RAIN will unlock 9.41 billion tokens worth $91.44 million, covering 2.77% of the circulating supply. SOL will release 479,120 tokens valued at $48.24 million, representing only 0.08% of its circulating supply.
The token CC will unlock 191.71 million tokens, valued at $33.93 million, equal to 0.51% of its supply. TRUMP will unlock 6.33 million tokens worth $26.14 million, which accounts for 2.83% of the circulating supply. RIVER’s unlock totals 1.25 million tokens worth $19.25 million, reflecting 6.38% of its circulating supply.
WLD will release 37.23 million tokens, valued at $14.58 million, representing 1.34% of its circulating supply. DOGE will unlock 96.59 million tokens, valued at $10.08 million, representing only 0.06% of its circulating supply.
PANews reported on March 5th that OpenAI has open-sourced the Symphony framework (project preview) on GitHub, aiming to transform project tasks into automated execution processes. This framework can monitor task dashboards such as Linear in real time and generate AI agents to complete coding, CI testing, and code review as needed, ultimately achieving secure merging of pull requests.
The project is currently in the engineering preview stage and is released under the Apache 2.0 license. The Symphony core is written in the Elixir language and provides a complete specification to support multi-language implementations. Its goal is to shift developers' focus from supervised agents to higher-level task management.
Crypto markets consolidating today; Bitcoin takes a breath, LTC back up, XRP, EOS and Tezos retreating. Market Wrap Crypto markets have remained in consolidation for the past 24 hours. Very little movement has occurred on most of the majors as Bitcoin shows no direction at the moment. Total market capitalization remains around $285 billion this Wednesday morning.
Bitcoin peaked at $9,250 yesterday but failed to hold that level, sliding just below $9k three times in the past 12 hours. It did recover back above it every time though and is currently sitting at $9,150. With heavy resistance above $9.5k and a new support zone at $8.7k BTC could consolidate here for a while.
Ethereum is still stagnant, dropping back below $270 again in a downside correction. The next key support level is $260 and a fall through this could lead to larger losses for ETH. Without any clear fundamentals it is hard to see where else it can go in the short term.
Altcoin Outlook Red dominates the top ten during today’s Asian trading session. XRP could not hold on to its gains despite the big partnership announcement and has fallen back over 3 percent to $0.43. Bitcoin Cash, EOS and Stellar are shedding a similar amount as altcoins remain weak. Only Litecoin and Binance Coin are in the green, but only just as these two continue to hold strong.
The top twenty outlook is also mixed but most crypto assets remain flat for another day. Ethereum Classic and Tezos are the only two that have really moved in the past 24 hours and both are falling back. Zcash is making a comeback and is about to flip NEM for that 20th spot as ZEC grabs 8 percent on the day.
FOMO: Insight Chain Cranks The pump of the day has gone to INB which has spiked 85 percent to reach $0.34. There does not appear to be anything obvious fundamentally driving this EOS based blockchain project. Nearly all of the volume is on one exchange, Livecoin, indicating that the pump is probably manipulated.
Ardor is doing well today with a climb of 26 percent and privacy based Zcoin is third with a 16 percent gain on the day. At the red end of the top one hundred is Aurora which probably isn’t worth mentioning any more. Zilliqa and Chainlink are also dumping over 7 percent each.
Total market cap 24 hours. Coinmarketcap.com Total crypto market capitalization has not really changed much over the past day. It is back to yesterday’s level of $284 billion with a daily volume of $54 billion which has fallen significantly this week. Altcoins are still largely frozen as Bitcoin continues to dominate, still commanding over 57 percent of the market.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Crypto markets remain sideways; Only Bitcoin has moved, XLM and BNB dropping, Monero rising slowly. Market Wrap Crypto markets have inched backup a little today as Bitcoin makes another push towards resistance in the mid $9.5ks. BTC is still clearly in the driving seat and altcoin gains are marginal in comparison. Total market capitalization is back above $285 billion and heading towards a new 2019 high.
Following a day or two of consolidation Bitcoin broke out again in a one hour spike sending it to an intraday high of $9,350. Since then gains have held as BTC hovers around its highest price for over a year. A huge wall of resistance lies just above this level so further consolidation here is likely for the coming days.
Ethereum has done nothing again, not even getting a gain off Bitcoin’s 2 percent pump. ETH remains stagnant below $270 and further losses appear imminent. There is still support at $260 which is holding but there has been very little momentum for Ethereum all week.
Altcoin Outlook The crypto top ten has done very little over the past 24 hours with most coins moving less than a percent in either direction. The biggest movement has come from Stellar dropping another 2 percent and looking extremely weak. BNB is also down by a similar amount.
Very little is going on in the top twenty during Asian trading today. Monero is the only altcoin gaining as it makes 3 percent to top $100. Losing 3 percent are Cosmos and NEO. Tezos has now dropped out of the top twenty dumping another 4 percent today.
FOMO: MaidSafeCoin Making It There are no major pumps going on at the moment but the top performing altcoin in the top one hundred is MAID getting 13 percent. Nothing much is driving it aside from the usual anti Facebook rhetoric that everyone in crypto already knows.
6/ Remember Cambridge Analytica! You can’t trust #Facebook with your data, why trust them with your money…
— Autonomi (@WithAutonomi) June 19, 2019
Egretia is the second best performer grabbing 8 percent today. Getting dumped is yesterday’s fake pump, Insight Chain, as INB drops 12 percent. Ardor is also falling back hard with a 7 percent loss on the day.
Total market capitalization 24 hours. Coinmarketcap.com Total crypto market capitalization has increased by $2 billion or so on the day. This is pretty much all Bitcoin as the daddy drives markets to $288 billion. BTC dominance is still over 57 percent as the altcoins remain asleep for now.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Poloniex plans to shift the majority of its crypto trading operations offshore, according to parent company Circle. The move comes amidst regulatory uncertainty and pressure in the US, which lacks a clear legal framework or guidance for cryptocurrency-related businesses or crypto investors.
Circle CEO Jeremy Allaire says that 70% of Poloniex users are not based in the US, prompting the move to another jurisdiction. Allaire says Poloniex has already secured its Digital Assets Business Act license to operate in Bermuda, reports Coindesk.
Says Allaire,
“The lack of regulatory frameworks significantly limits what can be offered to individuals and businesses in the US.”
In May, the Delaware-based exchange stopped offering nine coins for its customers in the US due to regulatory uncertainty: Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI) and Augur (REP).
The CEO also confirmed that the company’s recent downsizing, eliminating roughly 30 employees, was partly due to the lack of clarity from US lawmakers. The company’s current focus is global and getting beyond the US bottleneck.
“It took a long time working with the Bermuda government and the Bermuda Monetary Authority.”
“The project to establish a new international operations hub for our market, exchange and wallet services, was a major project.”
The move will also allow Poloniex to explore being able to offer financial services, adding that users could expect to see more “yield-generating crypto accounts.”
Poloniex ranks in the top 100 crypto exchanges in the world with a 24-hour trading volume of roughly $16 million, according to data compiled by CoinMarketCap. It is also listed among Messari’s Real 10 Volume index reflecting legitimate trading volumes from leading industry players.
In the wake of last week’s two congressional hearings on Facebook’s upcoming digital asset Libra, crypto insiders are assessing the highly critical response from US lawmakers who are determined to halt the project in its tracks. The hearings sparked an intense debate about Bitcoin, cryptocurrencies and new corporate digital assets that are all vying for a place in the digital economy.
Politicians have not yet figured out a way to deal with emerging blockchain technology and the many products and services currently in development to bring more financial inclusion for people all around the world. The threat of digital assets lowering costs, rivaling existing infrastructure and challenging the traditional banking and monetary systems has prompted many prominent politicians, including Maxine Waters and Brad Sherman, to demand a moratorium on Libra.
As for Bitcoin, the decentralized system cannot be halted or stopped by any central authority or government.
