Track market-moving stories before they get noisy

StakeWise Recovers $21M in Balancer Hack Funds— Can This Boost ETH Price?

The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.

According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.

6 minutes ago

Danske Bank: Federal Reserve may raise interest rates at least twice

Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10

6 minutes ago

SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.

According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.

6 minutes ago

The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.

According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.

6 minutes ago

South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.

According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.

6 minutes ago

Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.

According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.

6 minutes ago

Balancer Hack Update: StakeWise Retrieves $19.3M From Multi-Million Dollar Exploit

The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.

According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.

6 minutes ago

Danske Bank: Federal Reserve may raise interest rates at least twice

Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10

6 minutes ago

SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.

According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.

6 minutes ago

The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.

According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.

6 minutes ago

South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.

According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.

6 minutes ago

Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.

According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.

6 minutes ago

Aave DAO Votes On Redeploying $3 Million In Ether To wstETH And rETH For Higher Yield

Lido DAO price is up 2% on the day, trading around $2.13. Rocket Pool ETH and Rocket Pool (RPL) were down 4% and 5% respectively at the time of writing. Bitbot price in stage 12 of presale is $0.0171, and will reach $0.020 in the final stage. Lido DAO (LDO) and Rocket Pool ETH (RETH) were notable gainers over the weekend. LDO continues to hold onto some of the gains as RETH and Rocket Pool’s RPL slip.

But what’s the price prediction for LDO and RPL as investors take a bullish outlook on new crypto project Bitbot (BITBOT)?

Lido DAO and Rocket Pool ETH led weekend gainers As analysts at market intelligence platform Santiment noted early Monday, Lido Dao and Rocket Pool ETH topped the list of gainers in the staking sector.

Of 17 assets Santiment tracks, RETH market cap increased 5.9%, while LDO jumped 5.2%. The broader sector’s market cap gained by 5%.

💧 #LiquidStaking assets have benefited from a nice mini run this weekend. Of the 17 key assets that we track for this sector, the market caps have increased by a combined +5.0% despite choppy market conditions. $LDO (5.2%) and $RETH (+5.9%) lead the way. https://t.co/L6siGQre5o pic.twitter.com/VJDs7Yzl1t

— Santiment (@santimentfeed) April 28, 2024

The gains for the staking tokens highlight resilience within the decentralised finance (DeFi) ecosystem, particularly Ethereum staking tokens.

Despite this positive outlook, profit taking and negative sentiment across the market could threaten RPL, LDO and RETH among other staking related tokens.

Lido DAO price prediction Lido DAO (LDO) trades within the $1.90 and $2.25 price range after recovering from lows of $1.66 reached in mid-April. LDO is also surging against ETH and BTC, with price above the key $2 level.

Currently, LDO is changing hands around $2.13, up by nearly 2.5% as bulls try to hold onto gains made as the token rose to $2.21. Its likely upside continuation will see LDO/USD aim for a retest of the short term hurdle at $2.50.  

The upside has the main resistance around $5 and the all-time high area of $7.30. On the downside, primary support could be around October 2023 lows near $1.40.

Rocket Pool price prediction The weakness around Ethereum price is observable across most other altcoins as ETH hovers around $3,100. Rocket Pool ETH (RETH) price mirrors this action, while Rocket Pool (RPL) price has dipped more than 5% in the past 24 hours.

RPL is currently trading at $21.05 as the decentralised liquid staking protocol’s native token continues to pare recent gains. The 24-hour trading volume of $5.56 million is 11% higher than a day ago.

However, with price down 28% this month, it’s likely a retest of areas below $20 looms for RPL. The bearish flip could include declines to one-year lows of $16.85. The weekly RSI and MACD support this outlook.

On the other hand, bulls will need to break and strengthen above $23 to target the crucial supply zone around $30.

Bitbot price prediction Bitbot is a new crypto project that could dominate the crypto trading space on Telegram. As such, there’s a lot of interest in the native token BITBOT, which has raised more than $2.9 million so far.

What’s likely to set Bitbot apart and drive its adoption is the non-custodial trading solution that it offers. This pioneering approach to a Telegram trading bot puts Bitbot above other apps in the sector, largely as it ensures traders have full control of their assets as they hunt for lucrative opportunities.

Other aspects the whitepaper highlights and which could be key in the integration of artificial intelligence, providing for AI-powered trading.

BITBOT price in stage 12 of 15 is $0.0171. In the final stage, the token’s price will be at $0.020. Given the anticipation around its launch, Bitbot could be among projects to record major gains after its launch.

For more about this project, or how to buy BITBOT, visit the official website.

Electroneum Price Notes Status Quo as Other Markets Thrive

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A new report on Bitcoin and cryptocurrency has been published by the Bank of Canada, the country’s central bank.

Entitled “The Economics of Cryptocurrencies—Bitcoin and Beyond,” the staff working paper details how blockchain networks achieve resilience and resistance to attack. The bigger the network, the more costly an attack, the less vulnerable a cryptocurrency becomes.

According to the report,

“Costly mining helps discourage double spending in each transaction, independent of the number of transactions. At the same time, the intensity of mining increases with the total rewards. Hence, with more transactions, it becomes easier to finance mining rewards to protect the system.”

The authors detail risk factors for small-cap cryptocurrencies such as Monacoin, Bitcoin Gold, Zencash and Litecoin Cash which have suffered 51% attacks.

“Our analysis also confirms that smaller cryptocurrencies (in terms of market value and transaction volume) can be at risk for double-spending attacks as they do not generate enough mining rewards to disincentivize such attacks. When the potential gains from a double-spending attack are small, the mining reward required to protect the system will be lower.

This would be the case for a system used only for low-value transactions. In conclusion, a cryptocurrency would work best as a retail payment system where there is a large volume of transactions that are relatively small in value. To the contrary, using a cryptocurrency for infrequent large-value payments seems to be very costly.”

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The authors also conclude that Bitcoin, the world’s leading cryptocurrency, could be greatly improved if it switches its consensus protocol from proof-of-work to proof-of-stake.

“For Bitcoin, we find that the cryptocurrency is not only extremely expensive in terms of its mining costs, but also inefficient in its long-run design. However, the efficiency of the Bitcoin system can be significantly improved by optimizing the rate of coin creation and minimizing transaction fees. Another potential improvement is to eliminate inefficient mining activities by changing the consensus protocol altogether…

Our analysis finds conditions under which PoS can strictly dominate PoW and even support immediate and final settlement.”

According to the report, such a switch would impact Bitcoin’s inefficiencies and make it more competitive against traditional monetary systems.

“Using the growth rate of 25 bitcoins, for every block and average transaction fees in 2015, we find that Bitcoin generates a large welfare loss that is about 500 times as large as in a monetary economy with 2% inflation.6 The reason is that, in its current form, Bitcoin spends too many resources to rule out double spending.

Reducing the growth rate to 0, but relying on sufficiently large transaction fees – like in the long-run design of Bitcoin – will reduce these costs significantly. Still, the optimal design of Bitcoin implies relatively large welfare losses. Compared to the first-best allocation, an optimally designed Bitcoin protocol would lead to a loss of about 0.19% of the consumption in the first-best allocation. This is equivalent to the welfare loss that would be generated in a monetary system with a moderate inflation rate of about 45%.”

The authors, Jonathan Chiu, a senior research advisor in the funds management and banking department at the Bank of Canada, and Thorsten V. Koeppl, an associate professor in the department of economics at Queen’s University, note that the views expressed in the report are solely their own and “may support or challenge prevailing policy orthodoxy” of the Bank of Canada.

You can check out the full report here.

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Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub.

Bitcoin Gold’s Low Hashrate to Blame As explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan. 23 and Friday, Jan. 24.

By buying out the blockchain network’s hashrate, attackers were able to steal approximately 7,000 BTG ($72,000) through double spending.

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Bitcoin Gold appears to be an easy target due to its low hashrate. Lovejoy suggests that the attack would have cost about $1,700 based on current Nicehash prices. Similarly, Crypto51 suggests it would cost about $700 to attack the blockchain.

The attacker succeeded in moving the stolen cryptocurrency to Binance, and may have succeeded in cashing out the stolen funds. However, Binance has also increased its withdrawal times for Bitcoin Gold to prevent future thefts.

This is not the first time that Bitcoin Gold has suffered a 51% attack: it was previously hacked for $18 million in May 2018, which led several exchanges to delist the coin.

Bitcoin Gold isn’t the only blockchain that has fallen victim to an attack. Lovejoy detected a similar attack on Vertcoin in December. He also discovered attacks on Expanse and Litecoin Cash over the course of 2019.

Other blockchains that have been targeted by 51% attacks in recent years include Ethereum Classic, Verge, and Feathercoin.

Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.

MonaCoin Price Pump Yields a 40% Gain

Why is MonaCoin pumping? Japanese cryptocurrency surges 85%

BNB the biggest gainer in top 10 after CZ's AMA, BTC holds above $9K

Market gains over $20 billion as BTC is fighting to get back above $11,000

2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. 

In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000 from where it retraced a bit and it currently trades at $8,900. 

BTC/USD. Source: TradingView Bitcoin’s total market capitalization has increased to $162 billion. However, its dominance has sized down to 66.1%, meaning that altcoins have managed to recover and to claim new grounds. 

Indeed, looking at how other cryptocurrencies besides Bitcoin performed, it’s rather clear that they are flourishing. All of the projects from the top 20 are in the green, charting serious gains throughout the entire week. The past 24 hours are no exception. 

Bitcoin SV is once again one of the best-performing altcoins, increasing by 10% throughout the past 24 hours. Others who marked serious gains include Binance Coin (9.14%), EOS, (8.84%), Bitcoin Cash (7.8%), and so forth. 

Total Market Capitalization: $245B | Bitcoin Market Capitalization: 162B | BTC Dominance: 66.1%

Major Crypto Headlines $3.2 Million ETH Stolen From UPbit Is Already Laundered: Report Claims. Following the hack of UPbit which took place in November 2019, it now becomes clear that $3.2 million from the stolen cryptocurrency has already been laundered. The report also claims that this happened by using small transactions in a lot of different exchanges. 

You may also like: Bitcoin Price Crashes Below $60K as Strategy’s MSTR Plunges 10% Bitcoin’s Network Is Booming Even as Prices Remain Below Record Highs Bitcoin (BTC) Dips Below $62K, Ethereum (ETH) Plunges 6% Daily: Market Watch YouTube Crypto Purge Is Back: Popular YouTuber Davinci Reports He’d Been Blocked From Streaming. Despite issuing a formal apology and saying that the cryptocurrency purge has been a mistake, it appears that YouTube is taking a charge at content creators once again. Popular cryptocurrency YouTuber Davinci has said that his channel has been flagged and that he has been blocked from streaming. 

Craig Wright’s Defamation Case Against Hodlnaut Reportedly Dismissed By UK’s High Court. Self-proclaimed Satoshi Nakamoto, Craig Wright, has reportedly seen his defamation case against popular Twitter user Hodlnaut dismissed. The merit for the order is the is lack of jurisdiction but the case will supposedly continue in Norway.  

Significant Daily Gainers and Losers Ethereum Classic (31.45%) Ethereum Classic (ETC) is undoubtedly the most significant daily gainer throughout the past 24 hours, at the time of this writing. Up 31.45% so far, ETC stands at a price of $10 and a total market capitalization of about $1.1 billion. More interestingly, ETC saw a surge in its 24-hour trading volume which is now more than $3.2 billion. 

MonaCoin (24.72%) MonaCoin is another altcoin that managed to impress in today’s trading session. It’s up about 24 percent in the past day alone, bringing its price to $1.22 at the time of this writing. MonaCoin now sits on a market cap of about $80 million and is the 61st largest cryptocurrency. In terms of 24-hour trading volume, MonaCoin stands at about $21 million. 

Swipe (-11.83%) Unfortunately, not all altcoins managed to increase with the rest of the market. Swipe is down about 11.8% and its price reduced to $1.30. The cryptocurrency stands on a total market cap of about $79 million and saw a trading volume of $14 million in the past 24 hours. 

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The past several days have been somewhat turbulent in the cryptocurrency space. Bitcoin, for instance, plunged to $9,400 on Monday, traded around $9,600 yesterday, and gained about $700 in the past 24 hours alone, before settling at $10,150 where it currently stands.

BTCUSD 1h. Source: TradingView On its way down, the significant support level of $9,400 stopped BTC. If Bitcoin is to fall again, $9,770 should be the first considerable obstacle now.

Alternatively, the $10,400-$10,500 resistance level continues to be a major thorn for bulls. The largest cryptocurrency attempted to break it on several occasions in the last few weeks but to no avail.

Most alternative coins are in the green against the dollar as well. Among the top 10 by market capitalization, Tezos is the most impressive gainer. XTZ’s positive movement is with over 11% to $3.65.

Ethereum and Litecoin are next; the former rises with 5% to $279, and the latter is up with 3.27% to $76.5. EOS and Binance Coin are increasing its value with approximately 2.3% to $4,56 and $24, respectively.

Contrary, BitcoinSV stands as the only currency in red among the top 15 by market capitalization. BSV drops with over 4% against the dollar to $302.

Cryptocurrency Overview. Source: coin360.com Total Market Capitalization: $294B | Bitcoin Market Capitalization: $184B | Bitcoin Dominance: 62.6%

You may also like: Bitcoin Price Crashes Below $60K as Strategy’s MSTR Plunges 10% Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH Bitcoin’s Network Is Booming Even as Prices Remain Below Record Highs Major Crypto Headlines US Presidential Candidate Bloomberg Suggests Cryptocurrency Regulation To Help Prevent Another Financial Crisis. The 2020 presidential candidate, Michael Bloomberg, and his team recently published a financial reform plan that includes cryptocurrencies. It says that digital assets can help prevent another financial crisis, but they require a “clear regulatory framework.”

Almost $1 Million Of ETH Compromised Following Two Attacks On DeFi Protocol bZx. The popular DeFi protocol went through two consecutive attacks on February 15th and 18th. By manipulating the network, the perpetrator ultimately managed to extract a total net profit of over $900,000 worth of Ethereum.

Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services. Blocknox, a subsidiary of second-largest German stock exchange Boerse Stuttgart, is set to expand its cryptocurrency services. Along with providing custody for digital assets on an “escrow basis,” it will now serve institutional investors, as well.

Significant Daily Gainers and Losers ABBC Coin (28.15%) ABBC is the most significant gainer among the top 100 coins by market cap. It rises with over 28% against the dollar to $0.127. It also sees gains of almost 25% against Bitcoin and trades at 1268 SAT.

A few hours ago, the popular cryptocurrency exchange Bittrex added ABBC. So far, it provides one trading pair – ABBC/BTC.

DxChain Token (15.70%) DX is next with increases of 15.70% and 12.30% against USD and Bitcoin, respectively. Naturally, its market capitalization also notes a surge and is currently at $78.5 million.

In a recent blog post, DX was named as one of the top 10 best performing digital assets for 2019. It’s impressive run continues in 2020. DX Started the year at $0.000888, and it trades now at $0.0016, meaning an increase of over 75%.

MonaCoin (-10.14%) MONA pumped to $2.71 yesterday, and it seems to be retracing heavily today to $2.31. MonaCoin remains in the top 50 coins in terms of market capitalization, even though its own dropped below $152 million.

The situation against the largest cryptocurrency is similar. A 13% decrease and MONA/BTC trades at 22941 SAT.

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Posted: April 1, 2020

The cryptocurrency market has been consolidating after the market’s latest price rally. While not all coins sustained bullish trends, a few altcoins, however, were eyeing a potential move upwards in a bid to surpass previously breached resistances.

Litecoin [LTC]

In an effort to bolster Litecoin adoption, the Litecoin Foundation recently partnered with MeconCash, a partnership allowing fiat withdrawal at over 13,000 ATMs across South Korea.

The silver crypto recorded a decline of 0.02% over a period of 24-hours. At press time, LTC was priced at $38.86 with a market cap of $2.50 billion and a 24-hour trading volume of $3.20 billion.

Resistance: $63.37, $79.68

Support: $30.95

MACD: The MACD line was above the signal line, suggesting a bullish trend for the silver crypto in the near-term.

CMF: The CMF also pointed towards a highly bullish phase for Litecoin.

IOTA

The IOTA wallet hack and the subsequent decision of the Foundation to shut down the “coordinator” node on the network proved to be damaging for the coin. However, its technical indices at press time indicated a price revival in the near-term. IOTA was trading at $0.155, at press time, with a market cap of $432 million. The token was down by a significant 8.90% over the last 24-hours, while recording a trading volume of $10.63 million.

Resistance: $0.232, $0.292

Support: $0.107

Parabolic SAR: The dotted markers hovering below the IOTA price candles implied a bullish trend for the coin.

Awesome Oscillator: The green closing bars of the AO also aligned with the bulls.

MonaCoin [MONA]

This Japanese cryptocurrency was previously reported to have the highest spot transaction volume by Japan’s Virtual Currency Exchange Association [JVCEA].

At press time, MONA held a market cap of $77.52 and was valued at $1.18. The token registered a trading volume of $5.46 after a decline of 1.33% over the last 24-hours.

Resistance: $1.49, $1.93

Support: $0.742

Klinger Oscillator: The KO indicator underwent a bullish crossover, and this positive trend was seen to be in motion.

Relative Strength Index: The RSI was close to the 50-median, indicating an imminent upward trend and potential positive sentiment among investors in the market.

FUNToken’s price action has reportedly been going against the bearish trend of the current crypto mood, as its economy has started to show strength after the announcement of its $5M giveaway via 5m.fun. The project’s price action has been forming rising channels on the intraday charts, showing a pattern that could lead to long-term gains for the asset.

This is the direct result of tokens being locked continuously, creating a supply pressure on FUNToken.

FUNToken’s Current Price Action Shows Consolidation Pattern The information highlighted on CoinMarketCap shows that FUNToken is currently trading at $0.002005 and has experienced a minor dip of 7.5 percent due to macroeconomic dynamics. Its current market cap rests at above $21.67 million, while its trading volume has seen a 68 percent uptick in the last 24 hours.

While the daily chart shows a decline, the hourly chart reveals that its price is currently consolidating. A triangle is forming that could eventually lead to a breakout. It is likely that the current low cap and low price aspect of the token has been leading more investors to join in.

The Project has Turned the $5M Giveaway into Structural Anchor The $5M giveaway has notably helped the FUNToken price gain momentum on the market. While the gaming asset is not completely insulated from macroeconomic conditions, the community drive created by the giveaway has been strong enough for the current consolidation pattern to emerge.

The event itself has the goal of pushing the price of the asset up. It invites stakers to lock more of their tokens, which has led to the contraction of the circulating supply. This contraction has caused the FUNToken price to either consolidate or show a rising channel pattern.

The goal here is to engage the community enough to push the FUNToken price toward different milestones that range from $0.01 to $0.10. Each milestone crossed will unlock a portion of the rewards, distributing them to holders depending on the number of tokens they have staked.

Furthermore, the interest payout mechanism has been built into the ecosystem, which could ensure that holders benefit even before the price reaches its appropriate target.

Supply Contraction Leading to More Engagement The FUNToken giveaway model has led the token supply to contract to a massive degree. Upwards of 34 million tokens have been staked so far. And while the current price action has pushed the marker away from the target price, more holders are still joining.

Essentially, it has created a feedback effect where tighter supply has reduced liquidity, making the price more sensitive. This induced volatility is being taken advantage of by holders, whose decision to stake more tokens is keeping the ecosystem stable. The confidence this builds creates a path for more holders to emerge.

Could FUNToken do an Encore? Early 2025 saw FUNToken rally by upwards of 300 percent after going through the same consolidation phase as today. From a historical perspective, it could mean that the FUN price may follow the same approach, consolidating first and then showing a rapid price increase.

The prospect seems more feasible now since the current price action has been the result of an engineered approach, not macroeconomic conditions alone.

Can the Current Accumulation Help Investors? The current accumulation stage and the emergence of an asymmetrical triangle pattern mean that those who invest now could generate parabolic gains if the FUN price goes through the same price action as before.

In the long term, holding FUNToken could help strengthen investor positions, as they could capitalize on positive market conditions if and when they return.

Furthermore, the return of market momentum could lead to the FUNToken price increasing as well, which can potentially provide higher returns to those who continue staking. Overall, the $5M giveaway has made a positive impact on the FUNToken economy. The contracting supply and increasing engagement could further strengthen the token as the market mood turns bullish again.

Crypto history may not repeat perfectly, but it often rhymes. What it actually shows is that sometimes, when the same setup is put in place, the prices bounce back and repeat the same pattern as before. As a result, in the crypto market, it can be easy to correct faults so that a low pattern is not repeated and similarly, a high rally setup can also be put in place for a price boost.

And right now, FUNToken ($FUN) is showing a pattern that long-time holders have seen before. This is precisely the kind of setup that once preceded one of the project’s strongest rallies. With the $5M Giveaway now live and staking numbers climbing rapidly, market watchers are beginning to ask a simple question: are we looking at the early stages of another explosive run?

The charts suggest the possibility is stronger than ever.

A Familiar Price Zone – The Same Levels Before the 700% Rally Table of Contents

A Familiar Price Zone – The Same Levels Before the 700% RallyThe Chart Comparison: Then vs. NowThen (Early 2025):Now (Late 2025):Why the $5M Giveaway Could Accelerate the PatternCommunity Behavior Mirrors the 700% Pre-Rally PhaseIs Another Run Possible? The Indicators Say YesFinal Thoughts As of the latest CoinMarketCap data, $FUN is trading around $0.001997, one of the lowest levels in the last five months.

This is exactly where the token was earlier in the year, right before it rocketed upward.

If you look at the year-long chart (from the screenshot provided), the pattern is unmistakable:

March 2025: $FUN dipped into the $0.0022–$0.0023 zone April-May 2025: It held that zone, consolidating quietly June-July 2025: The trend reversed sharply Mid-July 2025: $FUN hit levels more than 700% higher than its March lows

That entire breakout started from the same price area we’re in today.

And the trigger back then? A surge in engagement, fresh liquidity, and community-driven participation. These are all elements that the current $5M Giveaway is amplifying at a much larger scale.

The Chart Comparison: Then vs. Now Then (Early 2025): $FUN fell to its multi-month low around $0.0022 Trading volume dropped Holders waited, accumulating quietly Suddenly, a wave of community participation and utility demand kicked in Price momentum exploded, sending the token soaring over 700% in four months

Now (Late 2025): $FUN is once again near $0.0019–$0.0020 Community sentiment is strong (84% bullish on CMC) Nearly 8.7M $FUN are already staked on the giveaway contract at 5m.fun Circulating supply is tightening dramatically A massive $5M incentive pool has just launched

The similarities are difficult to ignore, except this time the catalytic force is much bigger and far more structured.

Why the $5M Giveaway Could Accelerate the Pattern Back in March, the rally began without anything close to the scale of incentives available today.

This time, we have:

A transparent on-chain staking system Rewards unlocked at price milestones between $0.01 and $0.10 Guaranteed interest payouts for all stakers Instant withdrawals on milestone achievement A community campaign active across Telegram and social spaces

The early weeks of the giveaway have already locked up a meaningful portion of the circulating supply. As this continues, market depth tightens. Less supply + equal or rising demand has only one typical outcome in crypto markets: price pressure to the upside.

If the same pattern from March repeats, the price simply needs steady participation, which is already happening organically.

Community Behavior Mirrors the 700% Pre-Rally Phase Back in early 2025, something subtle happened before the rally: the community stayed calm. They accumulated, staked, engaged, and waited without panic.

Now, the sentiment is strikingly similar:

Telegram discussions are active Stakers are increasing More new users are joining the ecosystem because of the giveaway

The difference?

This time, incentives are larger, the campaign is transparent, and the staking mechanism is built to reward long-term participation instead of short-term speculation.

Is Another Run Possible? The Indicators Say Yes There are no guarantees in markets, but when chart patterns, community behavior, and token economics align, the probability of a strong move increases. Right now:

Price is at the same historical support level Volume is stabilizing and starting to rise Supply is being continuously removed from circulation A massive $5M reward structure is drawing attention Sentiment is overwhelmingly optimistic

Put simply: the setup looks very similar, and maybe even better, than the moment before FUNToken’s previous 700% surge.

Final Thoughts Rallies don’t start when prices are high.

They begin quietly. During accumulation phases, at multi-month lows, when attention is low and conviction is high.

That’s exactly where FUNToken is right now.

The last time the market saw these levels, it watched $FUN climb more than 700%.

With the $5M Giveaway plugging directly into the token’s supply, demand, and engagement mechanics, this cycle could unfold even faster.

For now, the chart is whispering a story many long-time holders recognize. And if history is any guide, the next chapter could be anything but quiet.

FUNToken, one of the most talked-about low-cap cryptos on the market with P2E undertones, has made its way to the MEXC exchange.The announcement of the listing was made by the FUNToken team recently, stating that the new FUN/USDC spot trading pair has gone live on MEXC on December 23, 2025, at 09:00 (UTC).

FUNToken Listing Part of MEXC’s Diversification Move MEXC has earned renown as an exchange that gives a wide berth to unique cryptocurrency projects, while letting users have exposure to diverse assets. The exchange’s stablecoin-dominated ecosystem also gets balanced with this launch. To promote the listing even further, MEXC has also placed a zero-fee structure for the FUN/USDC spot pair.

Stability Through Stablecoin Thanks to FUN/USDC Pair FUNToken is one of the few mid-cap assets to have gained constant attention of the intraday traders. The recent price action has also unveiled the token’s long-term potential thanks to multiple upswings in the price chart. However, with the addition of the FUN/USDC pair, traders can now have access to the token while it is being paired with USDC for added flexibility and stability.

Highlighting this factor, the FUNToken team stated, “This listing reflects the continued momentum behind FUNToken and the strong engagement from our community.” The team believes that introducing a USDC trading pair on MEXC with zero trading fees adds accessibility, liquidity, and a better trading experience for users worldwide.

FUNToken’s Price Action: Upward Triangle Pattern Forming Following the MEXC listing, FUNToken experienced an immediate uptick in its price, recording a 5% price jump in four hours before a correction. Although profit takers arrived in droves, bulls have started to catch up. The token currently trades at $0.001683 and has experienced a surge of nearly 3% in the last two days.

An asymmetrical triangle pattern is forming, indicating a breakout could happen by December 27, 2025. However, whether the breakout would turn into an uptick or a breakdown will depend on whether the FUN price stays above the trendline shown in red.

Provided that the $FUN/USDC listing is reportedly part of FUNToken’s broader strategy to expand its presence on leading cryptocurrency exchanges, the intraday uptick could be a prelude to better things to come.

Final Thoughts Thanks to its low-cap nature and high accessibility, FUNToken has been able to fly under the radar, mostly isolated from the market’s volatility while providing consistent upsides to short-term traders. However, now that the token has been listed on MEXC, perceptions may shift towards maintaining a long-term focus for the token.

It means long-term holders may also find the project more appealing. And if by any luck, the bull run comes back in Q1-2026, FUNToken could ride the surge wave and offer high ROI to those who invest today.

The FUNToken ecosystem has taken its first step into mobile gaming with the launch of Bounce Helix, an arcade-style game now available on Android devices. The release marks the beginning of FUNToken’s broader expansion into mobile-based gaming experiences designed to combine simple gameplay with tokenized digital rewards.

Bounce Helix At a Glance Bounce Helix introduces players to a fast-paced challenge where users guide a bouncing ball through rotating helix platforms while progressing through increasingly difficult levels. The game focuses on quick sessions, smooth controls, and level-based progression that encourages players to keep improving their performance.

What makes Bounce Helix unique within the ecosystem is its reward layer powered by FUNToken. Players who complete levels receive $FUN rewards, bringing blockchain-powered incentives into a casual mobile gaming environment.

Unlike many free mobile games, Bounce Helix has been designed with a simplified experience for players.

Key features include: No ads interrupting gameplay No paywalls required to progress Instant $FUN rewards for completing levels Fast and addictive arcade-style gameplay The launch also signals the beginning of a larger initiative to bring FUNToken into mainstream mobile gaming. Bounce Helix represents the first in a planned lineup of games that aim to merge casual gaming with digital rewards.

By starting with a simple and accessible title, the FUNToken ecosystem hopes to attract both traditional gamers and crypto users who are interested in interactive ways to engage with blockchain-powered platforms.

The mobile gaming industry continues to grow globally, with millions of players engaging in quick-session games daily. Bounce Helix is designed to fit naturally into this environment, offering a familiar arcade experience while introducing players to the $FUN ecosystem.

Users can now download Bounce Helix on Android and start progressing through levels while earning FUNToken rewards along the way.

Download Bounce Helix (Android):
https://play.google.com/store/apps/details?id=com.rewardriot.bouncehelix

With Bounce Helix now live, the FUNToken ecosystem signals that mobile gaming will become an important part of its evolving digital entertainment platform.

FUNToken has officially unveiled its 2026-2027 roadmap, signaling a major expansion beyond gaming into a fully integrated digital ecosystem powered by AI, automation, and tokenized assets.

The roadmap marks a transition into large-scale ecosystem activation, where interactive experiences, intelligent systems, and asset ownership converge to create a new model of digital participation.

2026: Ecosystem Activation Begins As part of its broader roadmap, the initial phase focuses on establishing core infrastructure and driving early user adoption through gaming and AI integration.

Q2 2026 – Gaming Launch + AI Foundations Building the Entry Layer Through Gaming As part of this phase, FUNToken will roll out its first wave of games on Android and iOS, supported by a unified player infrastructure:

Launch of the first wave of games across Android and iOS platforms Unified player identity system enabling seamless progression across all titles Persistent rewards, engagement tracking, and cross-platform continuity At the center of this rollout is the “Earn While You Play” model, where users are rewarded as they progress through gameplay. This approach transforms gaming into an interactive and rewarding experience, positioning it as the primary entry point into the ecosystem.

Introducing AI-Powered Infrastructure Alongside gaming, the platform will introduce its initial AI infrastructure layer, including:

Deployment of initial AI-driven infrastructure layer Trading-focused automation tools DeFi interaction systems Smart wallet management capabilities These systems are designed to simplify complex digital interactions, enabling users to engage with advanced functionality through intuitive, automated workflows.

Unified Wallet Integration Full integration of gaming and AI functionalities within the $FUN wallet Centralized hub for gameplay, rewards, and automation Users can: Track gameplay progress and rewards Manage assets and balances Execute AI-powered automated actions By combining multiple functionalities into a single interface, FUNToken aims to deliver a seamless, user-friendly experience.

Q3 2026 – AI Agent Economy + Cross-Chain Expansion Launching the AI Agent Economy Users can deploy personal autonomous AI agents Agents capable of: Executing trading strategies Running yield optimization workflows Identifying arbitrage opportunities Automating financial actions To enhance participation, FUNToken will introduce an agent competition platform, enabling users to test and optimize their strategies in a competitive environment.

Cross-Chain Expansion As part of its expansion strategy, the ecosystem will extend beyond a single network:

Expansion of FUNToken to additional blockchain networks AI agents enabled to operate across multiple ecosystems Increased access to liquidity and broader network interoperability Feeless Gaming Experience Gasless transactions for gameplay Off-chain settlement combined with on-chain security Seamless Web2-like gaming experience This phase focuses on removing friction and enabling faster, more seamless interaction across the ecosystem.

Q4 2026 – Expanding the Agent Economy Scaling of the global AI agent network Launch of the FUN Agent Marketplace for strategies and tools Introduction of community-built automation modules Developer grant program to support innovation Deployment of AI-managed strategy vaults The gaming ecosystem is expected to expand significantly, with dozens of new titles driving engagement and user growth.

2027: The Tokenized Asset Economy With its core infrastructure in place, FUNToken will expand into real-world asset integration, unlocking new use cases beyond digital interaction.

Q1–Q2 2027 – Collectible Tokenization Platform Launch of a platform for tokenizing physical collectibles Initial focus on: Trading cards (including Pokémon) Sports memorabilia High-value collectible assets Secure custody partnerships with grading and vault providers Digital representation of authenticated assets Global marketplace for trading collectible-backed assets Q3 2027 – Financialization of Collectibles Fractional ownership of high-value assets Lending mechanisms backed by collectibles Creation of collectible index funds Development of advanced trading markets for rare assets This phase transforms collectibles into dynamic financial instruments with broader accessibility.

Q4 2027 – Autonomous Digital Economy AI agents managing portfolios and digital operations Cross-chain liquidity networks powered by FUNToken Unified marketplace for games, AI agents, and tokenized assets FUNToken positioned as the settlement layer across the ecosystem Positioning for Long-Term Growth With this roadmap, FUNToken is positioning itself at the intersection of gaming, automation, and digital ownership, building a system where users don’t just participate, but actively engage, automate, and create value within a unified ecosystem.

FUNToken Roadmap – https://funtoken.io/road-map

FUNToken Expands Mobile Push With Launch of Infinite Sinkhole

P2E crypto FUNToken is continuing its weekly gaming rollout with $FUN Galaxy Strike: Cosmic Shooter, as part of its effort to expand its gaming ecosystem.

The game is currently available on Android and aligns with FUNToken’s overarching vision to create accessible games.

Taking inspiration from old space-based bullet hell classics, $FUN Galaxy Strike: Cosmic Shooter gives players a top-down perspective as they battle against a wave of enemies, fighting bosses and dodging attack patterns to survive each round.

The new title is available on Android and does not involve any paywall or ads. After the announcement, the FUNToken price saw a slight uptick in the last 24 hours.

$FUN Galaxy Strike: Core Features Explained $FUN Galaxy Strike: Cosmic Shooter is an arcade P2E title inspired by titles such as Jamestown and CounterAttack: Uprising. Players must fight through waves of enemies, culminating in an intricate boss fight at the end of each level.

Here are some of the core features listed on the official website:

The game features level-based progression. Per the website, it will let players test their reflexes and gain more $FUN rewards with each stage. Over 60 levels are available across three tiers. Massive enemy waves will throw themselves at the player with each stage. Each has unique attack styles and design. Boss battles at key progression points (at the end of each wave) that players have to defeat to gain more rewards. Mid-game, players will encounter unique enemies that will drop power-ups upon being defeated. Each power-up will have unique visuals and attack effects. Fast controls for twitch-based gameplay that keep pace with the player’s ability to control the game. $FUN Rewards Integrated Into The Ecosystem The core philosophy of $FUN Galaxy Strike: Cosmic Shooter aligns with other titles released by the FUNToken platform. Users get rewarded with $FUN tokens based on gameplay alone. The application clearly states in the advertisement that there are no ads or paywall on the platform.

With these bottlenecks removed, the P2E title focuses more on the fun factor. It could bring in more players to the ecosystem.

Weekly Game Rollouts by FUNToken $FUN Galaxy Strike: Cosmic Shooter is part of FUNToken’s weekly game releases that started with Bounce Helix on March 17th.

That was followed by $FUN Knife Strike, which was then followed by Infinite Sinkhole. Color Pop Quest went live at the beginning of April before the Fruit Ninja-inspired $FUN Fruit Chop Frenzy. $FUN Mad Bus Escape was released later on April 16th, 2026.

As the sixth game in the weekly game rollout series, $FUN Galaxy Strike: Cosmic Shooter marks FUNToken’s entry into the space-battle genre. Player response to these games has been positive, with over 100K downloads to date and close to 4-star reviews.

FUNToken Current Price Action While FUNToken’s weekly game rollout strategy is playing out and generating positive buzz on social media, its price action has also been positive. 

In the last 24 hours, the FUN price has surged by over 0.15%.

The token is currently trading at $0.0003377 and has a market cap of over $3.64 million. As a low-cap token, it is shaping up to be one of the better picks for investors.

FUNToken’s weekly game rollout is part of its roadmap. According to that, Q2 2026 will also see the emergence of wallet integration and AI agents. As a utility asset, FUNToken’s performance will depend on the reception of the games and upcoming innovative additions.

The momentum behind $FUN mobile gaming continues to grow as Mad Bus Escape officially surpasses 100,000+ downloads, marking another major milestone for the rapidly expanding FUNToken ecosystem.

Following the success of titles like Bounce Helix, Knife Strike, and Fruit Chop Frenzy, the latest milestone proves that players are actively engaging with the growing lineup of fast, addictive, reward-driven mobile games powered by $FUN.

A Simple Game That Players Keep Coming Back To $FUN Mad Bus Escape brings a simple but highly engaging gameplay experience where players solve traffic chaos, clear blocked paths, and guide buses through increasingly challenging puzzle levels. The easy-to-play mechanics combined with satisfying progression have helped the game attract a rapidly growing player base across Android devices.

Unlike traditional mobile games overloaded with interruptions, $FUN Games continues to focus on a cleaner gaming experience:

No ads No paywalls Fast gameplay Reward-focused ecosystem

This approach has helped $FUN Games build strong player retention while continuously expanding its gaming catalog.

$FUN Games Continues Expanding The success of Mad Bus Escape comes as $FUN Games continues aggressively rolling out new titles across multiple genres including arcade, puzzle, action, and skill-based games.

The ecosystem now includes games such as:

Bounce Helix Galaxy Strike: Cosmic Shooter Infinite Sinkhole Color Pop Quest Fruit Chop Frenzy Knife Strike Mad Bus Escape

Each launch adds more utility, engagement, and visibility to the broader $FUN ecosystem while introducing new audiences to the growing world of reward-powered gaming experiences.

More Than Just Downloads Crossing 100K+ downloads is more than just a number, it reflects growing player interest in accessible mobile games tied to a rewarding ecosystem.

$FUN Games is positioning itself around a simple vision:

Fun-first gameplay
Real ecosystem engagement
Expanding utility for $FUN holders

With more games already in development and new releases planned regularly, the $FUN Games ecosystem continues building momentum as one of the fastest-growing gaming expansions connected to $FUN.

What’s Next? The $FUN Games rollout is still in its early stages. More launches, updates, and ecosystem features are expected in the coming weeks as the platform continues scaling its gaming portfolio.

As player numbers continue climbing across multiple titles, the latest Mad Bus Escape milestone further highlights the growing traction behind the $FUN gaming ecosystem.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Michelle DG

Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies. [email protected]

As the FUNToken ecosystem continues to expand with new games, rewards, and staking opportunities, users have more ways than ever to participate.

While many holders acquire $FUN through exchanges, USDT (ERC-20) remains another convenient option for adding $FUN to a portfolio. It offers a straightforward way to get started with the expanding range of games, rewards, and staking opportunities available across FUNToken.

A Simple Way to Acquire $FUN FUNToken is committed to providing users with flexibility when acquiring $FUN. For those choosing to use USDT (ERC-20), the process is designed to be seamless. Deposits are automatically converted to $FUN with 0% conversion fees, removing the need for additional swaps or unnecessary complexity.

This flexibility gives both newcomers and long-term holders more choice in how they acquire and use $FUN.

Exploring the Growing FUNToken Ecosystem Once users acquire $FUN, they can access a rapidly expanding ecosystem that includes:

Mobile games powered by $FUN Community rewards and engagement initiatives Flexible staking options Ongoing ecosystem developments and new platform features As the FUNToken ecosystem continues to grow, $FUN remains at the heart of an expanding range of games, rewards, staking opportunities, and future developments.

Built Around Accessibility and Growth Providing multiple ways to acquire $FUN is part of FUNToken’s broader focus on making its ecosystem more accessible to both new and existing holders.

By offering multiple ways to access $FUN, FUNToken continues to support the growth of its ecosystem while helping users discover the many available simple and flexible ways to connect with everything the FUNToken ecosystem has to offer.

About FUNToken FUNToken is a leading gaming-focused digital asset powering a growing ecosystem of $FUN games, rewards, staking, and community engagement. With continued ecosystem expansion and a focus on user participation, FUNToken is building new ways for users to interact, play, and earn within a unified digital ecosystem.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Michelle DG

Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies. [email protected]