NKN’s price jumped +90% in a sudden move yesterday. Since then, it has been down 44%, a strong correction. But what is NKN crypto, and what caused this pump?
New Kind of Network, is a crypto project building a decentralized internet by sharing bandwidth. Unlike traditional providers, NKN lets users connect peer-to-peer and earn tokens to share unused internet. Its blockchain-powered protocol aims for a faster, more open internet.
NKN runs on over 113,000 nodes worldwide, outpacing Bitcoin and Ethereum in scale. These nodes relay data, like messages and files, using “Proof of Relay,” rewarding useful activity instead of energy-heavy mining like Bitcoin. Its “Major Vote Cellular Automata” (MOCA) consensus ensures efficient, decentralized data flow. NKN also explores cutting-edge uses, like secure data relay for decentralized AI inference, aligning with 2025’s AI-blockchain trend.
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Apps like nMobile and nConnect highlight NKN’s utility. nMobile offers encrypted, anonymous messaging and doubles as a crypto wallet, while nConnect provides VPN-like remote access. These tools appeal to privacy-conscious users and show NKN’s focus on secure communication, not just payments or storage.
NKN Crypto Touches New ATL – Could New Partnerships And Buybacks Reverse This Trend?
(NKNUSDT)
NKN’s peak was in early 2022, when it touched an ATH of $245 million. Since then, the price has kept plummeting with random spikes. On April 16, NKN touched an ATL of $12 million.
Yet, yesterday, finally the sell pressure weakened enough for traders to scoop the bottom. NKN crypto surged nearly 90%, driven by exchange partnerships, trading competitions, and a buy-back plan for its 1 billion token supply (650 million circulating). A 1 million token giveaway via nMobile boosted buying.
In order to strengthen the NKN ecosystem, we plan to carry out a long term strategic token buy-back program.
— NKN (@NKN_ORG) April 8, 2025
Still, NKN’s dip below key averages in 2024 reminds investors of crypto’s volatility.
While NKN’s open network drives innovation, a 2023 malware, NKAbuse, exploited its protocol, highlighting security challenges. The team continues to strengthen safeguards. With strong community support, once boasting 67,000 active nodes, and growing interest in its AI and privacy tools, NKN could reignit the hype. Its recent pump shows how utility, rewards, and market buzz can align, but volatility remains a risk.
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From NKN’s Volatility to Smarter Trading: How MIND of Pepe Helps Investors Spot the Next Big Crypto
NKN recently caught traders’ attention with a sudden 90% price surge, only to drop 44% shortly after. This pattern reflects a common challenge in crypto: identifying genuine opportunities amid market hype. While NKN’s decentralized network and AI integrations are promising, its price has struggled since early 2022, highlighting the difficulty of timing investments in a rapidly evolving market.
In the dynamic world of crypto, staying ahead requires more than just following trends: it demands tools to anticipate them. MIND of Pepe ($MIND) offers such a solution. This AI-powered trading assistant continuously scans social media, on-chain data, and market sentiment to identify potential breakout tokens before they gain mainstream attention, like the recent NKN breakout.
MIND Offers AI-Powered Tools To Enhance Your Trading Experience What sets MIND of Pepe apart is its proactive approach. If the AI detects a promising trend, it can autonomously launch new tokens, providing $MIND holders with early access. This feature transforms passive observation into active participation, giving investors a unique edge in the market.
MIND of Pepe is powered by a cutting-edge Retrieval-Augmented Generation (RAG) system and live market data. The AI isn’t just reactive. It understands the market as it moves. Its large language model persona has been trained on a targeted dataset of 60,000 tweets from top AI agents and 3,000 real crypto insights, giving it a deep grasp of how traders think, speak, and act.
The result? A sharper, more intelligent assistant that delivers real-time analysis with context-aware insights. It provides alerts, trends, and even meme generation—blending culture with utility.
The $MIND token is currently available at $0.0037265 during its presale, with over $8 million already raised. Investors can purchase tokens through the MIND of Pepe website using wallets like Best Wallet. Post-launch, $MIND will be listed on both centralized and decentralized exchanges, expanding its accessibility.
MIND of Pepe equips investors with the insights and tools needed to identify and act on emerging opportunities in a market where timing is crucial. Combining AI-driven analysis with proactive engagement offers a forward-thinking approach to crypto investing.
Visit MIND Here
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Key Takeaways Volatile Price Action: NKN surged +90% recently before correcting 44%, showing both potential and volatility in short-term trading. Strong Tech Foundation: It runs over 113,000 nodes—more than Bitcoin or Ethereum—using “Proof of Relay” and MOCA consensus for data transmission. Real-World Utility: Apps like nMobile and nConnect highlight NKN’s focus on privacy, messaging, and decentralized internet infrastructure. AI-Driven Insights: MIND of Pepe uses a context-aware AI trained on crypto data to help investors identify breakout tokens early.
Binance to remove NKN/BTC and STX/BNB spot trading pairs
PANews reported on August 6 that according to an official announcement, based on the recent review results, Binance will remove the following spot trading pairs and stop trading at 11:00 on August 8, 2025 (Eastern Time): NKN/BTC and STX/BNB.
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Author: PA一线
This content is for market information only and is not investment advice.
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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)
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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.
1 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.
1 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.
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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.
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Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. When we conduct these reviews, we consider a variety of factors. Below are the updated metrics we look at that influence whether we decide to delist a digital asset: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksLevel of public communication, community engagement, and transparencyResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceNew regulatory requirementsMaterial/unjustified increase in token supply or changes to tokenomicsImpact from changes to the project’s ownership structure or to the core team membersCommunity sentiments Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2026-02-13 03:00 (UTC): Acala Token (ACA)Tranchess (CHESS)Streamr (DATA)dForce (DF)Aavegotchi (GHST)NKN (NKN) Please note: The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Spot The spot trading pair(s) of the aforementioned token(s) will be removed.All trade orders will be automatically removed after trading ceases in each respective trading pair. Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2026-02-13 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses. Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2026-02-06 03:00 (UTC) - After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to Binance Spot Copy Trading delisting time to avoid potential losses. Accounts The token's valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their accounts.Deposits of these token(s) will not be credited to users’ accounts after 2026-02-14 03:00 (UTC). Withdrawals of these token(s) from Binance will not be supported after 2026-04-13 03:00 (UTC). Delisted tokens may be converted into stablecoins on behalf of users after 2026-04-14 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. In situations where token conversion is not feasible, Binance will keep withdrawals open, subject to network availability. Futures Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned token(s) at 2026-02-06 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the aforementioned token(s) starting from 2026-02-06 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the contracts of the aforementioned token(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Funding Rate Arbitrage Bot At 2026-02-06 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the symbols of the aforementioned token(s). The pairs will no longer be available for opening new arbitrage strategies upon delisting. Simple Earn Binance Simple Earn will delist the token(s) mentioned above after 2026-02-09 07:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Accounts, together with any accrued rewards. Dual Investment Binance Dual Investment will cease support for the aforementioned token(s), and users will not be able to subscribe to these products starting from the subsequent Friday at 08:00 (UTC). Unsettled subscriptions will be refunded on the subsequent Friday at 08:00 (UTC). The asset, including rewards, will be distributed to users’ Spot Accounts within 4 hours. The rewards will be calculated based on the actual subscription period. Mining Pool Binance Pool will cease support for mining the token(s) mentioned above at 2026-02-06 3:00 (UTC). Your final payment will be settled on the following day. We strongly advise all users to stop mining the token(s) before Binance Pool ceases mining support for the token(s) to avoid any potential losses. Loan At 2026-02-06 07:00 (UTC) VIP Loan and Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-02-06 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Margin Accounts, less any collateral already available.At 2026-02-03 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining token(s) in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before the Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant Futures announcements. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. Convert Binance Convert will subsequently delist the aforementioned token(s) and all associated pair(s) at 2026-02-13 02:00 (UTC)Convert Low-Value Assets will delist the token(s) mentioned above at 2026-02-12 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pair(s) at 2026-02-03 03:00 (UTC). Gift Card Binance Gift Card will delist the token(s) mentioned above at 2026-02-13 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences. Pay Binance Pay will delist the aforementioned token(s) at 2026-02-06 03:00 (UTC). We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-02-02
NKN (NKN), internet altyapısını daha açık, merkeziyetsiz ve kullanıcı odaklı hale getirmeyi amaçlayan, blokzincir tabanlı yeni nesil bir eşler arası (P2P) ağ protokolüdür. Proje, mevcut internet mimarisinin merkezi yapısından kaynaklanan güvenlik, ölçeklenebilirlik ve veri kontrolü gibi sorunlara alternatif bir çözüm sunmayı hedefler. Temel vizyonu; daha güvenli, dinamik, paylaşım odaklı ve topluluk tarafından sahiplenilen bir internet ekosistemi oluşturmaktır.
2018 yılının Ocak ayında kurulan NKN, teknoloji ve telekomünikasyon alanında deneyimli mühendis ve girişimciler tarafından hayata geçirilmiştir. Projenin arkasındaki ekip, küresel ölçekte tanınan teknoloji şirketlerinde görev almış uzmanlardan oluşur. Bu da NKN’nin teknik altyapısının güçlü ve vizyonunun uzun vadeli olduğunu gösteren önemli bir unsurdur.
NKN (NKN) Nasıl Çalışır? Projenin çalışma prensibi, klasik internet altyapısından oldukça farklıdır. Merkezi sunucular yerine, ağdaki kullanıcıların cihazları birer node (düğüm) olarak görev yapar. Bu yapı sayesinde veri iletimi doğrudan kullanıcılar arasında gerçekleşir ve aracıların rolü minimize edilir.
Merkeziyetsiz Veri Ağı NKN, tamamen merkeziyetsiz bir veri iletim ağı üzerine kuruludur. Bu modelde her node, ağın bir parçası olarak veri iletimine katkıda bulunur. Kullanıcılar, sahip oldukları kullanılmayan bant genişliğini paylaşarak ağın büyümesine ve verimliliğine katkı sağlar.
Hücresel Otomat (Cellular Automata) Yapısı Ağdaki her node, hücresel otomat kurallarına göre çalışır. Bu sistemde her düğüm kendi durumunu, komşu düğümlerin durumuna göre günceller. Bu yaklaşım, ağın dinamik ve kendi kendini optimize eden bir yapıya sahip olmasını sağlar.
Proof of Relay (PoR) Konsensüsü NKN’nin en dikkat çekici özelliklerinden biri Proof of Relay (PoR) adı verilen konsensüs mekanizmasıdır. Bu modelde kullanıcılar, veri iletimine katkıda bulunarak ödül kazanır. Yani klasik madencilikten farklı olarak, veri transferine aracılık etmek ekonomik olarak teşvik edilir. Bu da ağı hem daha verimli hem de daha sürdürülebilir hale getirir.
NKN (NKN) Temel Özellikleri Bant Genişliği Teşvik Modeli Proje, kullanıcıları ağ kaynaklarını paylaşmaya teşvik eden bir ekonomik modele sahiptir. Kullanıcılar, boşta kalan internet bant genişliklerini paylaşarak ödül kazanabilir. Bu model, ağın kapasitesini organik şekilde artırır.
Optimize Edilmiş Yönlendirme (Routing) Proje ağı, veri paketlerini en hızlı ve en verimli şekilde iletmek için özel bir “proximity routing” algoritması kullanır. Bu sayede veri, her zaman en kısa ve en hızlı yolu izler.
IP Adresi Gerektirmeyen Yapı Projede veri iletimi için geleneksel IP adreslerine ihtiyaç duyulmaz. Bu durum, kullanıcı gizliliğini artırırken aynı zamanda siber saldırılara karşı ek bir güvenlik katmanı sağlar.
Uçtan Uca Güvenlik Veri iletimi sırasında hem uçtan uca hem de düğümler arasında şifreleme uygulanır. Üstelik bu sistem, geleneksel sertifika otoritelerine veya üçüncü taraf güvenlik yapılarının varlığına ihtiyaç duymaz.
Yüksek Ölçeklenebilirlik NKN ağı, milyonlarca node’u destekleyebilecek şekilde tasarlanmıştır. Bu da onu, ölçeklenebilirlik açısından birçok geleneksel blokzincir ağından daha ileri bir konuma taşır.
NKN (NKN) Ekosistemi ve Çözümleri NKN sadece bir protokol değil, aynı zamanda çeşitli uygulamalar ve servislerden oluşan geniş bir ekosistem sunar.
nMobile nMobile, merkeziyetsiz bir iletişim uygulamasıdır. Mesajlaşma, cüzdan entegrasyonu ve diğer Web3 hizmetlerini tek bir platformda sunar. Merkezi sunucuların olmaması, güvenlik ihlallerini büyük ölçüde ortadan kaldırır.
dataRide dataRide, geliştiriciler ve işletmeler için özel çözümler sunan bir platformdur. İçeriğinde nCDN (merkeziyetsiz içerik dağıtım ağı) ve nConnect gibi araçlar bulunur. Aynı zamanda geliştiriciler için kapsamlı dokümantasyon sağlar.
NKN (NKN) İnternet Altyapısına Getirdiği Yenilikler Sunucusuz (Serverless) Mimari Proje tamamen P2P tabanlıdır ve merkezi sunuculara ihtiyaç duymaz. Bu durum hem maliyetleri düşürür hem de tek hata noktası (single point of failure) riskini ortadan kaldırır.
Düşük Gecikme (Low Latency) Ağ, düşük ping süreleri ve hızlı veri iletimi sunar. Bu özellik, özellikle gerçek zamanlı uygulamalar (oyunlar, AR/VR, IoT) için kritik öneme sahiptir.
Yük Dengeleme ve Hız Toplama Proje, birden fazla veri yolunu aynı anda kullanarak toplam hızın artmasını sağlar. Bu da veri iletiminde yüksek performans anlamına gelir.
Evrensel Kimlik Sistemi Her kullanıcıya özel bir NKN adresi atanır. Bu adresler sayesinde dünya genelinde herhangi bir yerden erişim ve iletişim mümkündür.
NKN Token (NKN) Nedir? Token, ağın yerel kripto para birimidir ve ekosistemin ekonomik temelini oluşturur. Kullanıcılar, veri iletimine katkı sağlayarak NKN token kazanır. Aynı zamanda ağ üzerindeki işlemler için de bu token kullanılır.
NKN (NKN)Tokenomics NKN token dağılımı, uzun vadeli sürdürülebilirlik ve dengeli bir ekosistem oluşturmak amacıyla planlanmıştır:
Vakıf (Foundation): %17 Geliştiriciler (Developers): %18 Madenciler (Miners): %30 Katılımcılar / Alıcılar (Purchasers): %35 Bu dağılım, ağın hem teknik gelişimini hem de topluluk katılımını destekleyecek şekilde yapılandırılmıştır.
Madencilik Modeli NKN’de madencilik ödülleri 25 yıllık bir periyoda yayılmıştır. Ancak bu ödüller zamanla azalacak şekilde tasarlanmıştır. Bu model, enflasyonu kontrol altında tutarken uzun vadeli teşvik mekanizmasını korur.
NKN Hangi Borsalarda Listeleniyor? Token, birçok büyük kripto para borsasında işlem görmektedir. Bunlar arasında:
Coinbase Binance Huobi Upbit Crypto.com Gate.io Uniswap MEXC KuCoin WazirX Bitvavo SWFT Blockchain Bu geniş listeleme ağı, projenin küresel ölçekte erişilebilir olduğunu gösterir.
Resmi Bağlantılar Website X (Twitter) Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Upbit, one of South Korea’s leading cryptocurrency exchanges, has officially announced that it will remove the NKN token from its platform as of June 15th. According to the information released by the exchange, trading support for NKN will end at 09:00 on June 15th. Following this decision, users are advised to close their open positions and withdraw their assets by that date.
Upbit stated that the delisting decision was made after a comprehensive review process. The company explained that the evaluations identified various shortcomings in the project and that the current situation posed potential risks to users. Exchange officials emphasized that protecting investors was the primary goal.
The statement noted that the decision was made after a detailed examination of the project’s business model, sustainability, ecosystem development, and level of technical progress. In addition, on-chain token ownership trends, trading volume in local and international markets, liquidity levels, and listing status on other major cryptocurrency exchanges were also considered as evaluation criteria.
NKN stood out as a blockchain-based project aiming to develop a decentralized network infrastructure. However, recent developments related to the project falling short of expectations and a decline in market activity have negatively impacted investor confidence.
Market analysts note that a delisting decision by a major exchange like Upbit could create short-term selling pressure on NKN. They point out that similar decisions have led to sharp price fluctuations in related tokens in the past.
Experts emphasize that investors should carefully monitor exchange announcements during delisting processes and that it is important for them to complete necessary transactions in advance to avoid delays, especially regarding withdrawal times.
*This is not investment advice.
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A prominent market analyst presents timelines for XRP to claim new heights, leveraging pointers from his “Bifrost Bridge” analysis.
The analysis comes on the back of XRP’s recent positive performance. The asset surged 283% in November, marking its best monthly performance in seven years. December is continuing this momentum, with XRP gaining an additional 26.4% just 12 days into the month.
Market analyst EGRAG has compared the ongoing rally with XRP’s trajectory in the 2017 cycle. He suggests that this current price behavior mirrors patterns observed before XRP achieved its all-time high (ATH) of $3.31 in January 2018.
Using his “Bifrost Bridge” analysis, EGRAG forecasts two potential price milestones for XRP: $6 and $27. Notably, he based these targets on Fibonacci retracement levels and historical price movements.
XRP Could Target $6 and $27 In his analysis, EGRAG highlighted XRP’s early 2017 market moves. For context, in March 2017, XRP rallied 150% from a critical support zone, which the analyst calls the “purple foundation.”
Interestingly, this initial rally set the stage for a more extraordinary 1,330% gain in May 2017. EGRAG projects that XRP’s ongoing uptrend could follow a similar trajectory. If the same percentage gains repeat, XRP may achieve new heights.
In the current December monthly candle, the analyst believes aims for the “gold region,” situated between $4.3 and $6.4. Data from the chart shows that these initial price targets align with Fibonacci retracement levels of 1.414 and 1.618.
XRP 1M Chart EGRAG Crypto Meanwhile, for the next monthly candle, January 2025, EGRAG sees a massive 1,330% rally that could push XRP into a second gold region. He expects this gold region to rest between the lofty prices of $13.7 and $27.3, aligning with another retracement zone.
EGRAG Dismisses Market Cap Skepticisms Notably, previous skepticism about achieving such targets had emerged. They often center on the increased liquidity and larger market cap in today’s crypto markets. However, EGRAG addressed this by comparing the total market caps for 2017 and 2024 (TMC).
In May 2017, the crypto market cap stood at $60 billion. Today, it has ballooned to $3.7 trillion, marking a 6,000% increase or a 61x multiple. EGRAG suggests applying this same multiplier to XRP’s 2017 market cap of $15 billion. This would result in a hypothetical $900 billion XRP market cap.
Interestingly, to contextualize these figures, XRP would need to capture between 9% and 18% of the TMC, depending on whether it grows to $5 trillion or $10 trillion. Given XRP’s use cases in cross-border payments, such dominance in market share is considered feasible.
For context, Ripple CEO Brad Garlinghouse previously predicted that the TMC could rise to $5 trillion. Today, XRP trades for $2.48, boasting a market cap of $140 billion and 3.96% market dominance. If its dominance reclaimed the 2017 peak of 31%, this would translate to an XRP market cap of over $1 trillion.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
A notable market veteran says XRP could reach a three-digit figure, suggesting the recent drop is just a retest of a double-bottom breakout.
Gert van Lagen, a Dutch technical analyst, noted this while discussing XRP’s price movements on the weekly chart. He argued that the current XRP price retracement could be a necessary retest, setting the stage for an explosive run that could surpass $100.
XRP Historical Double Bottom Structure His weekly chart highlights XRP’s historical patterns, with a focus on its first cycle. For context, during this period, XRP formed a similar double-bottom structure. After achieving an all-time high of $0.0614 in December 2013, XRP collapsed. This slump led to the first bottom at $0.00281 in July 2014.
Despite a recovery to $0.028 in December 2014, XRP failed to break its 2013 ATH. This resistance triggered another collapse, reaching a second bottom at $0.003 in January 2017.
XRP 1W Chart | Gert van Lagen However, in an interesting turn, a breakout from the double bottom led to a more substantial uptrend. After breaking above this double-bottom pattern in March 2017 and retracing to retest the breakout, XRP experienced a parabolic surge, reaching a new ATH of $3.31 by January 2018.
XRP Forms Similar Double-Bottom Fast forward to the current cycle, XRP’s price movements are similar to the previous behavior. After reaching its ATH of $3.31 in January 2018, XRP entered a prolonged bearish phase, which led to the formation of a second double-bottom structure.
The asset found its first bottom at $0.1140 in March 2020 before rebounding to $1.96 in April 2021. However, this recovery fell short of reclaiming the $3.31 ATH. A subsequent collapse brought XRP to its second bottom at $0.2870 in June 2022, following the market-wide turmoil triggered by Terra’s downfall.
This double-bottom setup is again signaling the possibility of a massive bullish breakout. November 2024 marked a crucial turning point, as XRP rallied by 283%, echoing a similar 284% surge from March 2017. Van Lagen believes this rally confirmed the double-bottom breakout.
A Healthy Retest However, XRP has since retraced to $2.2 amid a broader market pullback. Van Lagen asserts that this pullback is a healthy retest of the breakout zone. Notably, such retests are essential for establishing strong support levels.
Van Lagen predicts that if XRP replicates the previous run, it could surpass $100 this cycle. Specifically, data from his chart shows a likely rally to $150, marking an upsurge of 6,718% from the current $2.2 price. For context, XRP rallied 12,592% to $3.31 after a similar retest in 2017.
Interestingly, EGRAG, another prominent market analyst, confirmed the bullish outlook. He noted that he and other confident market watchers have faced ridicule for projecting rallies to double-digit prices. However, market veterans are now expecting XRP to hit a triple-digit price.
They used to call us crazy for saying double digits for #XRP now they are charting #XRP for 3 digits.
Trust the process.
Men lie, women lie but charts don’t lie https://t.co/Y7XTvA7FM2
— EGRAG CRYPTO (@egragcrypto) December 19, 2024
For context, EGRAG has always been confident that XRP could reach $27. Most recently, he identified an XRP profit-taking zone between $4.42 and $27.86, based on Fibonacci extensions. He also recently introduced the “Bifrost Bridge” framework, which suggests XRP could reach $6 by December 2024 and $27 by January 2025.
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.
Bifrost remains a Bitcoin liquidity innovation leader by extending BTCFi ecosystem capabilities through a partnership with Oasys MCH and PLANZ. Through this partnership, Bifrost aims to strengthen $BtcUSD adoption across GameFi and DeFi applications, creating fresh opportunities for gaming enthusiasts and decentralized finance users.
Key Highlights of the Partnership The integration of $BtcUSD within Oasys creates opportunities for the platform’s game-optimized blockchain users due to its strong presence in Japan. Gaming DEX is the leading decentralized exchange on Oasys, where the $BtcUSD stablecoin will initiate its availability. The currency $BtcUSD draws rewards from liquidity-providing parties when they stake their funds across new pools. The Ragnarok platform, developed by Oasys, will utilize $BtcUSD as its first perpetual decentralized exchange on its blockchain.
Renowned blockchain gaming and Web3 development experts MCH and PLANZ bring their extensive expertise to the collaborative partnership with Bitfrost. The collaboration among these entities will streamline the development of distinctive use cases for $BtcUSD across gaming platforms to establish DeFi and GameFi integration.
Innovative Use Cases for $BtcUSD The integration with Oasys opens a variety of revenue-generating opportunities:
Liquidity Rewards: Gaming DEX users who supply liquidity for the $BtcUSD/USD pair will receive rewards through its pools. Perpetual Trading: Integrating $BtcUSD into Ragnarok DEX will allow users to earn through extra opportunities. Gaming Ecosystem Expansion: MCH and PLANZ collaborate with $BtcUSD to develop decentralized applications (DApps) to enhance the gaming experience. A Win-Win for All Partners The expanded use of $BtcUSD across Bifrost unlocks greater value for BTCFi users and enhances its position as a provider of services across gaming and DeFi markets. Such integration boosts both the user base and financial activity at Oasys, fortifying its standing as the preeminent blockchain provider in the gaming sector.
By merging innovative gaming services with DeFi capabilities, MCH and PLANZ generate new income streams while improving user participation. The multiple financial opportunities and gaming options blockchain infrastructure provides allow gamers and investors to enhance personal earnings while discovering ground-breaking blockchain solutions.
About the Partners Oasys builds an entire blockchain environment for gaming, which maintains a fee-free structure and operates with limitless scalability. As the inventor of My Crypto Heroes, MCH has accumulated critical skills in making decentralized gaming solutions. PLANZ demonstrated exceptional Web3 development skills, including solutions for DeFi applications, Layer 2 blockchains, and GameFi projects.
Conclusion The multiple partnerships will transform $BtcUSD by connecting decentralized finance protocols to gaming infrastructure in one cohesive framework. Bifrost and its collaborative network push blockchain technology toward limitless potential so blockchain innovations can deliver their promise of user empowerment.
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.
Bifrost Network, a Substrate framework-built L1 blockchain for cross-chain communication, has collaborated with Nansen, a prominent on-chain analytics firm. As a part of this collaboration, Nansen will operate as a node validator for the Bifrost Network. With this integration, Bifrost Network intends to increase the reliability and transparency of its ecosystem.
📢 We’re thrilled to welcome @nansen_ai — one of the most renowned on-chain analytics and research platforms — as a validator for Bifrost! 🙌
As the industry's leading blockchain analytics and research entity, Nansen's participation marks a major milestone in our journey toward… pic.twitter.com/SWBSjfZDrl
— BIFROST (@Bifrost_Network) February 28, 2025 The strategic partnership indicates Bifrost Network’s endeavors to facilitate users with the latest technological advancements. As a result of this integration, the platform is focusing on increasing its user base to a significant extent.
Bifrost Network Advancing Reliability and Transparency Nansen’s integration into Bifrost Network as its node validator pays a considerable attention to enhancing trustworthiness, reliability, and transparency. Nansen has gained a significant attention for its latest tools for blockchain analytics. It offers comprehensive insights into the wider on-chain data. Hence, it is popular as a reliable entity within the Web3 world. By taking part in the validation process of Bifrost Network, Nansen will boost the operational integrity, decentralization, and security of the platform.
The multi-chain L1 ecosystem of Bifrost Network backs both non-EVM and EVM environments. It delivers an optimized infrastructure to facilitate dApps. The unique architecture of Bifrost Network enables an unparalleled interoperability while also improving blockchain efficiency. A core feature of the platform deals with BTCFi which is a financial service to delivers Bitcoin liquidity, in a decentralized setting. Thus, the consumers can borrow the stablecoin $BtcUSD which possesses collateral in the form of $BTC.
Offering BTCFi with $BtcUSD to Benefit Developers and Investors $BtcUSD lets users generate more yield while keeping their $BTC holdings. BTCFi will reportedly redefine Bitcoin-based decentralized finance services. It will create exclusive opportunities to benefit developers and investors alike. Moreover, Bifrost Network also leverages Bitcoin Relaying Protocol and Cross-Chain Communication Protocol to guarantee completely verified and trustless transfers.
Along with becoming the official node validator for Bifrost Network, Nansen is also providing additional benefits. Particularly, it will provide efficiency concerning the blockchain research as well as the advanced analytics. These functionalities will reportedly contribute substantially to the innovation and ecosystem growth of the Bifrost Network. According to Bifrost Network, this collaboration underscores a huge leap toward establishing a relatively robust and transparent DeFi ecosystem.
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.
XRP may be preparing for another historic price breakout, according to analyst EGRAG, who believes the token is moments away from igniting a 600% rally.
XRP’s initial uptrend momentum has momentarily stalled over the past few days, as the coin continues to consolidate above $3. Today, the price has even dipped by over 5%, trading at $3.15 at press time.
Meanwhile, savvy market watchers like EGRAG are spotting cues for the next historic price movement. According to him, the trigger would be a strong close above what he calls the “Bifrost Bridge,” a resistance zone that has capped XRP for over 240 days.
The Bifrost Bridge: XRP’s Final Barrier Before Liftoff In a chart shared with followers, EGRAG highlighted a long-term trend channel dubbed the Bifrost Bridge. Notably, this marks a zone of historical resistance that XRP has tested for more than 242 days.
According to his analysis, XRP has been stalling beneath this level, but a decisive close above it could initiate a parabolic move toward $27. EGRAG notes that once this barrier is cleared, XRP could gain over 600% in what he calls a mega pump.
EGRAG’s XRP chart with The Bifrost Bridge Amid the long wait for the widely teased lofty prices, EGRAG urges the XRP community to “hold steady and strong,” promising that “Soon We Shall Fly So High.”
$4–$15 Still in Play: Other Analysts Agree EGRAG’s explosive target is not without support. Earlier this week, analyst Zach Rector forecast that XRP could hit $4 to $5 “any day now,” calling for a breakout in the short term.
His chart highlighted a consolidation structure around $3.19, with a breakout window stretching from August 23 to September 7. Beyond the $5 zone, Rector places XRP’s mid-to-long-term upside between $7 and $15.
Fibonacci Targets Add Technical Backbone Meanwhile, Tony Edward of the Thinking Crypto Podcast shared a separate weekly chart showing Fibonacci extension levels that point to $4.50, $6, $8, and $9 as potential price targets for the coin this season.
These Fibonacci targets present a technical structure that aligns with the $15 projections shared by other analysts and may act as steppingstones on the way to EGRAG’s $27 moonshot.
Historical Surge Patterns Back $20–$30 Possibility In previous analyses, EGRAG has also referenced XRP’s historic rallies to justify his bold upside projections. He recently pointed to a 2,600% surge in 2017 to support a $33 price target for this cycle, and a 500% surge in 2021 to argue for $7.
Averaging these, EGRAG outlined a $20 target for the current cycle, which aligns with the ongoing 600% projection.
With $3.66 as the next resistance and the Bifrost Bridge holding the key to a massive pump, XRP’s next few weekly candles may prove historic. If bulls can break and close above this zone, a swift run toward $7–$15 and potentially $27 may follow, according to these analysts.
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.
Oasys Blockchain has announced a strategic collaboration with Bifrost Network.
Oasys Blockchain is an open-source blockchain with a specialty in gaming. It aims to provide a quality blockchain gaming experience to users. On the other hand, Bifrost Network is a cross-chain Layer-1 platform that supports both EVM and non-EVM networks, designed to provide an enhanced infrastructure for decentralized applications.
Oasys Launches on Bifrost’s BTCFi This partnership has enabled Oasys Blockchain to launch its gaming DEX platform on the BTCFi Boost, a Bitcoin DeFi service powered by Bifrost Network’s cross-chain technology.
This launch is not just another technological upgrade; it is a significant development that commits to unleashing advanced applications and interoperability of Oasys’ gaming network in the wider DeFi ecosystem.
The integration of Oasys’ gaming DEX within the BTCFi Boost network is a breakthrough for multiple reasons. In the past, the utility of Web3 gaming assets on the Bitcoin blockchain was lacking because of Bitcoin’s natural design, which gives more priority to decentralization and security than smart contract utility.
With its powerful cross-chain Layer-1 infrastructure, Bifrost Network addresses this problem by introducing a smart contract abstraction on top of Bitcoin, enabling more sophisticated utilities, including DeFi products operating on the network.
By introducing Oasys on BTCFi Boost, DeFi users can gain access to gaming products, including BTCUSD and OAS Savings on Oasys’ Gaming DEX linked to the security of the Bitcoin network.
This development substantially improves the capabilities of the Oasys Blockchain, which seeks to bring a virtual gaming product suite directly to DeFi users and Bitcoin holders.
This integration gives DeFi users the ability to borrow, lend, stake, and even utilize Oasys’ gaming tokens that are supported by Bitcoin’s security. The incorporation has enabled Oasys’ vision to become a reality, laying the foundation for an advanced and interoperable gaming network built on Bitcoin, the world’s biggest crypto asset.
The Meaning of This Alliance To recognize the impact of this gaming DEX incorporation, it is crucial to understand the benefit that Bifrost’s BTCFi Boost offers.
BTCFi Boost, which is powered by Bifrost Network’s multi-chain infrastructure, is a powerful Bitcoin asset management service that connects Bitcoin with cross-chain networks. This decentralized application enables users to invest in and trade DeFi assets without selling their BTC holdings.
With BTCFI, people leveraging the DeFi landscape can now stake Bitcoin to mint Oasys’ BTCUSD and OAS Savings while enjoying up to 40% APY and maintaining exposure to BTC’s value.
These offerings show how Bifrost’s BTCFi revolutionizes Bitcoin’s application. The ability of BTCFi to utilize Bitcoin’s strong security while offering a versatile smart contract environment makes it a suitable network for a gaming DEX like Oasys.
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.
XRP is nearing a critical moment, and chart analyst EGRAG says the final leg of the rally is still ahead, and it could be epic.
In a recent update, EGRAG shared a long-term 6-month XRP chart, noting that only 4 months and 29 days remain before the current candle closes.
XRP’s Final Leg Is Coming The analyst raised an intriguing question for the XRP community: Has the peak already passed unnoticed, even by seasoned observers like himself, or is the market on the verge of making history by surpassing a significant price barrier?
Notably, XRP has experienced two phases of historic price pumps over the past year. The first began in November 2024, with XRP reaching $3.40 in January, delivering a surge of nearly 600%.
After cooling off, a renewed bullish phase emerged in July, with XRP breaking past levels that many believed marked a new all-time high. In particular, XRP reached $3.66 before pulling back.
Some consider this an all-time high, while others argue the true high won’t be confirmed until XRP surpasses $3.84.
Meanwhile, as the market awaits the next bullish phase, some traders have begun shorting XRP, claiming the bull run is over. However, others maintain that prices in the $10 range remain possible.
Despite the prevailing uncertainty, EGRAG remains confident in a bullish outcome. He stated that he belongs to the camp expecting one final massive price jump before a bear season emerges.
Based on this conviction, he outlined how he believes XRP could perform in the upcoming phase.
XRP to $4.89 or $48.90? In his analysis, EGRAG identified two potential price targets for XRP, depending on the type of scale used. On a non-logarithmic scale, the target is $4.89. However, on a logarithmic scale, the target is a much higher $48.90.
With XRP currently trading around $3, reaching $4.89 would require a gain of only 63%. Meanwhile, the higher target would demand a far more challenging 1,530% surge.
Rather than favoring one scale over the other, EGRAG proposed averaging both targets, arriving at a middle-ground projection of $27. Notably, this would represent an 800% gain from today’s price.
EGRAG’s XRP 6-month chart Supporting Analysis This price target was also featured in a previous analysis by EGRAG, where he explained what could trigger the surge. According to him, the key catalyst is a strong close above the “Bifrost Bridge,” a resistance zone XRP has tested for over 240 days.
Breaking above this level could propel XRP toward $27. Other analysts also expect near-term targets between $4 and $15, supported by technical indicators like Fibonacci extensions.
Historical surges in 2017 and 2021 lend further credibility to EGRAG’s bold forecast, suggesting that the $20–$30 range could be within reach if XRP breaks through critical resistance.
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.
Polkadot rose as much as 4% as crypto markets rallied.Sustained buying pressure suggested institutional buying.Polkadot's DOT demonstrated a significant surge in large buyers' interest during a 24-hour trading period, with corporate treasury allocations and regulatory clarity driving sustained buying pressure, according to CoinDesk Research's technical analysis model.
The model showed that price action demonstrated potential institutional-grade stability with sustained corporate interest indicators.
As of July, Bifrost had secured over 81% of DOT’s liquid staking token (LST) market, boasting more than $90 million in total value locked (TVL), according to a post on X.
The rally in DOT came as the wider crypto market also rose, with the broader market gauge, the Coindesk 20, recently up 2%.
In recent trading, Polkadot was 2.1% higher over 24 hours, trading around $3.66.
Technical Analysis:
Institutional order flow patterns established strong support levels reflecting corporate investment committee decisions, according to the model. Corporate treasury allocation discussions potentially contributed to resistance formation near key technical levels.Trading volume exceeded institutional thresholds during standard corporate decision-making hours.After-hours volume spikes aligned with typical corporate announcement timing patterns.Reduced volatility periods suggest institutional accumulation phases ahead of potential enterprise adoption news.Price action demonstrated institutional-grade stability with sustained corporate interest indicators.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Bifrost Network, a cross-chain L1 blockchain, today announced a strategic collaboration with Japan-based SBI Digital Finance, a subsidiary of SBI Holdings. According to data shared by Bifrost on the X platform today, these two companies want to expedite the adoption of Bitcoin cryptocurrency in Japan through cross-institutional partnerships, study explorations, and technological breakthroughs. The alliance seeks to leverage Japan’s legislative environment and rising interest in virtual currencies by fulfilling business demand.
Beyond the impossible. Bifrost made it happen.
Introducing the partnership with SBI Digital Finance (SBI Holdings subsidiary) – we're creating a new institutional Bitcoin finance framework.
This is just the beginning. What if BTCFi becomes the new normal?
On Bifrost. #BFC pic.twitter.com/VsPmKgHKVZ
— BIFROST (@Bifrost_Network) August 13, 2025 Bifrost and SBI Expanding BTC Real-World Utilities Based on this partnership, Bifrost and SBI Digital Finance will embark on studying possible utilities for btcUSD and broaden Bitcoin-integrated financial services. The two partners will examine how BTC is impacting the future of financial networks. As per the data, they will explore the incorporation of Bitcoin into Japan’s famous traditional financial bank, SBI. They also explore the advancement of real-world applications for different financial needs with the utilization of the digital asset.
BTC’s surging adoption in Japan has influenced traditional financial firms to examine its incorporation into their networks. Multiple financial entities are seeking collaborations with crypto-focused companies to provide BTC-based offerings to their clients. This crossover enables individual and business clientele to access BTC services more efficiently, laying the foundation for broader acceptance.
Building Regulatory Structure around BTC The two organizations also disclosed a co-shared commitment to develop a Bitcoin management framework that adheres to Japan’s laws and lays the foundation for new compliant use cases of Bitcoin. This alliance between Bifrost and SBI Digital Finance is a ground-breaking advancement that aims to eradicate regulatory hindrances that in the past discouraged institutional participation in the virtual asset world. The two entities want to establish a consistent legislative structure for institutional clients, creating transparency and confidence. The legal innovation is another milestone in the continued maturation of crypto tokens. By resolving past obstacles and promoting growth, the two partners prepare the ground for long-term institutional adoption.
This collaboration coincides with wider trends in crypto acceptability – a major opportunity in emerging markets like Japan. Metaplanet’s determined BTC acquisitions showcase a broader narrative where Japan-based organizations increasingly want to allocate part of their funds to BTC. This commitment aligns with rising organizational enthusiasm in BTC in the country, where economic turbulence and legislative clarity are encouraging institutional interest in the flagship virtual currency as an inflation safeguard and a diversified financial instrument within traditional investment baskets.
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.
Bifrost has announced its strategic alliance with Meria to begin a new era of crypto staking in France. Meria has extensive experience in the digital asset industry, holding official registration with the French Professional Securities Authority (PSAN). So, the platform holds a trusted name in the French market and now aims to open the gate to staking opportunities in the region.
We're excited to introduce a new DOT VBL actor: @Meria_Finance.
Meria is a French platform specializing in cryptocurrency investment. With several years of experience, it is registered with the French PSAN (Professional Securities Exchange Commission). pic.twitter.com/r4WIqaKGBD
— Bifrost – Omnichain LST (@Bifrost) August 16, 2025 Through this partnership, Bifrost aims to solidify its position in Europe, combining efforts with the country’s most prominent player. The platform further strives to bring innovative staking solutions to a wide range of audiences. Bifrost, a multichain protocol for liquid staking, has announced the news through its official X account. The other ally, Meria, is a leading French platform for cryptocurrency investments.
Bifrost to Make a Stronger Bond with the French Crypto Market This year, Meria is set to launch its most anticipated on-chain decentralized application, “The Place to Stake.” The platform’s partnership with Bifrost co-exists with this strategic and exciting moment. This collaboration will provide French users direct access to Bifrost’s Liquid Staking Tokens (LSTs).
The investors will gain new opportunities from this initiative, which will offer a flexible and decentralized staking solution. Meria integrates into Bifrost’s cutting-edge liquid staking technology to empower users with high liquidity, flexibility, and efficiency. Through this, they can manage their staking assets with great flexibility.
Bifrost Expands Staking to Highlight RSP Bifrost’s RSP (Reward Sharing Protocol) is the main focus of this alliance, playing a central role in the staking ecosystem. Bifrost and Meria leverage RSP to introduce an effortless staking experience, blending transparency, scalability, and innovation.
Bifrost and Meria’s partnership improves staking accessibility from French investors while setting the stage for Bifrost, encouraging it to join forces with trusted locals in order to expand its global reach.
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.
Bifrost Network became a member of the Blockchain Collaborative Consortium (BCCC), which is another step in the aggressive development of the cross-chain platform throughout the Japanese market. Bifrost is positioned alongside some of Japan’s most established technology firms. It demonstrates the country’s commitment to becoming a global leader in blockchain innovation and Bitcoin finance infrastructure.
BCCC – The Japanese Pioneer of Blockchain The Blockchain Collaborative Consortium is the first and the most powerful organization in the blockchain industry in Japan. In 2016, it was created with 34 founding members, including Microsoft Japan, ConsenSys, GMO Internet, and Bitbank. It was launched in 2016 by 34 founding members, including Microsoft Japan, ConsenSys, GMO Internet, and Bitbank. From its inception, BCCC has expanded rapidly into one of Japan’s largest blockchain organizations. It has more than 200 members, and some financial institutions such as Mitsui Sumitomo Insurance, technology innovators, or Web3 startups are among them.
The consortium fosters education in blockchain technology and encourages research and development projects. It also encourages funding in blockchain projects and develops collaborations with international blockchain organizations. The organization has successfully recruited students from its Blockchain Daigakko (Blockchain University). This program does not only fill the current shortage of blockchain developers in Japan but also creates a solid talent pipeline to work there.
Strategic Role of Bifrost in the Fintech Japanese Landscape Bifrost Network’s entry into BCCC is also a major effort to become a preferred choice to provide infrastructure in Bitcoin finance in Japan. The cross-chain Layer-1 blockchain is the focus of generating fragmented liquidity between different blockchain systems. It gives the opportunity to deploy decentralized applications without having any issues with various blockchain ecosystems.
This BCCC membership follows several strategic changes by Bifrost in the Japanese market. Earlier this year, the company joined the Fintech Association of Japan, bringing together Fintech powerhouses such as PayPal, SBI Holdings, Sumitomo Mitsui, and Mizuho Financial Group. Additionally, Bifrost has collaborated with Japan Open Chain, a fully Ethereum-compatible public blockchain that operates by Japanese enterprises. Specifically, it announced a groundbreaking collaboration with SBI Digital Finance to expedite institutional Bitcoin adoption across Japan.
Implications for Bitcoin Finance in Japan The timing for Bifrost’s membership in the BCCC could not be more optimal. The cryptocurrency acceptance in Japan is on a downward spiral, and Tokyo is considering the redefinition of Bitcoin as a digital payment, but rather as an investment. The advantages of this shift in regulation are immense to the companies such as Bifrost that provide Bitcoin staking services and implementation of Bitcoin backed stablecoins such as BtcUSD.
The Japan Cryptocurrency Exchange association stated that as of April 2024, cryptocurrency accounts in Japan had more than 10 million subscribers, indicating that retailers are interested in digital assets. The interest in Bitcoin finance solutions by institutional players is increasing, which is a promising area in the cross-chain technology and Bitcoin infrastructure services provided by Bifrost.
Members of the consortium include financial institutions who desire to utilize blockchain solutions and technology firms to create innovative applications. It also includes policy leaders who can help provide fertile environments for future regulations. Bifrost can engage in collaborative efforts and share technical expertise. In addition, Bifrost can participate in efforts to generate industry standards to further facilitate the increased adoption of blockchain technology throughout Japan’s corporate ecosystem
Conclusion Bifrost Network is a member of the Blockchain Collaborative Consortium in Japan, a strategic alliance in the Japanese Fintech sector. Bifrost is attempting to adapt to the mission of BCCC to promote blockchain technology education and collaboration, demonstrating its desire to establish a secure Bitcoin finance system. With Japan becoming a hub of blockchain, the interest of Bifrost is in the first line, and by 2025, it is possible to believe that it may become important to finance Bitcoin in Japan.
AUTHOR
Farhan Karim is a technology writer and content strategist with 15+ years of experience writing thousands of articles, blogs, whitepapers, and ebooks on Blockchain, Cryptocurrency, and other tech niches. His expertise in content strategy, SEO, and a keen eye on the ever-evolving tech space have led him to work with companies like Pepsi, Huawei, Arab News, and now Blockchain Reporter.
XRP has broken below a descending triangle structure, but market analysis shows why the token’s bullish upside target remains in play.
According to a recent market exposition from EGRAG Crypto, a renowned chartist, the Bifrost Bridge, a long-standing ascending channel that has guided XRP’s price action since 2014, remains relevant. With XRP still within this channel, he believes the $9 to $13 target remains in play.
Key Points XRP underwent 14 months of accumulation, after which it broke below a descending triangle, as the market expected. EGRAG argues that the triangle breakdown was an effort to sweep downside liquidity, not a trend failure. XRP remains within the Bifrost Bridge, a multi-year ascending channel that has guided its price action since 2014. As long as the Bifrost Bridge remains relevant, XRP’s upward targets of $9 to $13 remain in play. XRP Descending Triangle Breakdown EGRAG’s recent bullish commentary comes despite XRP’s current price struggles. For context, since hitting $3.6, the altcoin has continued to face turbulence alongside the rest of the crypto market. This has resulted in six consecutive monthly declines, with XRP initially eyeing a seventh loss at the start of this month.
Data from EGRAG’s chart shows that the downtrend led to a breakdown below an existing descending triangle. Notably, after XRP hit $3.4 in January 2025, its price action entered an accumulation phase that, according to EGRAG, lasted for 14 months.
During the accumulation, XRP formed a descending triangle structure as it dropped from the $3.6 all-time high in July 2025. The market analyst noted that descending triangles statistically have a 60% to 70% chance of breaking down.
XRP 1M Chart | EGRAG Crypto This bearish expectation played out when XRP closed the February 2026 monthly candle below $1.6, the level that aligns with the triangle’s lower trendline. Since then, XRP has continued to trade below the descending triangle.
Bifrost Bridge Still Relevant However, while the market currently witnesses bearish conditions, EGRAG pointed out that XRP still trades within the ascending channel structure he calls the Bifrost Bridge. Data from his chart shows that this channel has guided XRP’s price movements since 2014.
According to him, the Bifrost Bridge will continue to act as his guide, and the structure maintains a bullish outlook. EGRAG suggested that as long as XRP remains within the Bridge, its overall bullish trend remains intact, and the upward move that started in November 2024 has not ended.
The analyst insists that triangles typically highlight short-term moves, but channels are what define the overall cycle. He noted that the longer the accumulation, the more explosive the ensuing expansion will be.
XRP witnessed a whopping 14 months of accumulation, and EGRAG believes this compression only acts as fuel for the imminent upward push. With this, EGRAG expects the rally to eventually result in a $9 to $13 target, which he has maintained for some time. From the current price of $1.41, XRP would need to rise 538% to 822% to reach the target range.
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.
Bifrost has begun repaying a 1,000,000 DOT liquidity loan received from the Polkadot treasury after the program generated more than 53,000 DOT in yield over the past year.
According to a newly submitted proposal, the treasury-backed liquidity deployment generated returns of 53,185 DOT between May 2025 and May 2026, yielding a blended annual percentage rate of roughly 5.3%.
Bifrost said it is now unwinding the liquidity position by withdrawing from the DOT-vDOT liquidity pool, unstaking vDOT, and preparing to return the interest generated to the Polkadot treasury.
Treasury loan supported vDOT liquidity expansion The proposal showed the original 1,000,000 DOT loan was split across staking and liquidity operations.
According to the breakdown, roughly 672,469 DOT were converted into vDOT, Bifrost’s liquid staking derivative, while about 327,455 DOT were deployed to liquidity provisioning.
The staking portion generated yield directly, while the liquidity allocation helped deepen trading liquidity for vDOT across the Polkadot ecosystem.
Bifrost said the treasury-backed deployment helped:
improve vDOT liquidity, expand staking utility across DeFi, and support broader adoption of liquid staking infrastructure within Polkadot. Proposal highlights growing focus on productive treasury deployment The repayment proposal also reflects a broader shift in how crypto ecosystems are approaching treasury management.
The Bifrost proposal framed the loan as an example of “productive, transparent, and accountable” treasury-backed capital deployment.
The proposal currently shows unanimous support from participating voters.
Final Summary Bifrost said a 1,000,000 DOT treasury liquidity loan generated more than 53,000 DOT in yield over 12 months. The proposal reflects growing interest in using DAO treasury capital to support DeFi infrastructure while generating returns for ecosystem treasuries.
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)
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds ago
Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
Marblex, the blockchain subsidiary of major South Korean mobile game publisher Netmarble, announced Wednesday that it will utilize the Saga gaming protocol to support its upcoming crypto games.
Billed as a “comprehensive collaboration,” Marblex and Saga will work in tandem to launch and promote crypto games. Marblex will utilize Saga’s layer-1 blockchain network to support its own chain, while Saga will help with user acquisition; both brands will use their respective channels to promote such games.
"Saga has a brand and ethos that is truly dedicated to enabling the next generation of gaming," said Marblex CEO Hong Jin-Pyo, in a release. "Putting a priority on bridging the very wide gap between traditional and Web3 gaming provided Saga with a succinct understanding of what developers need to get us there."
Saga is built around the concept of chainlets, which can be combined to power games and apps much like a traditional game might use multiple cloud computing instances. Saga co-founder and CEO Rebecca Liao previously described it to Decrypt’s GG as a “chain to launch chains.”
It’s also designed to enable cross-chain building, so studios that have deployed games on other blockchains can also tap into Saga’s network to support their operations. That’s how Marblex plans to use Saga, plus Saga has existing collaboration agreements with the teams behind Polygon, Avalanche, and Celestia.
Saga is currently running a “play-to-airdrop” campaign across numerous games building on its network, as well as games on other chains like Avalanche and Polygon. A Saga representative told Decrypt’s GG that the airdrop campaign isn’t currently tied into its collaboration with Marblex, but that Saga is “definitely exploring future ones” with partners, “including Marblex.”
“Marblex will bring their community as part of our joint go-to-market, and Saga is continuing to fine-tune the user acquisition machine in Web3 for gaming,” Liao told Decrypt’s GG.
The network claims to have 320 projects building on it, with approximately 80% of them being games. Saga plans to launch its mainnet this spring, with play-to-airdrop events continuing in the meantime to reward gamers with SAGA token allocations.
Marblex supports a number of games from popular existing franchises, including titles like The King of Fighters Arena and Ni no Kuni: Cross Worlds. The chain is built around the MBX token, which has a market cap of around $69 million.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Ethereum gaming platform Immutable announced Tuesday that it has partnered with Marblex, the blockchain gaming arm of South Korean gaming giant Netmarble, with the parties collaborating to migrate the Marblex ecosystem and its top games to Immutable zkEVM.
Ni no Kuni: Cross Worlds, A3: Still Alive, and Meta World: My City will migrate from layer-1 Klaytn blockchain to Ethereum layer-2 network Immutable zkEVM, which is powered by Polygon’s zkEVM scaling tech.
"This is one of the most significant partnerships we've made to date,” said Immutable co-founder and President Robbie Ferguson, in a release. “South Korea is an exciting hub of developer activity in Web3 gaming, and Marblex and Netmarble are pioneers here."
The alliance will also include an "Ecosystem Boost Program," offering up to $20 million in support for developers to attract new titles to Marblex and Immutable.
"To maximize the reach of these experiences and ensure scalability for both existing and upcoming titles, partnering with a proven leader in Web3 gaming was crucial,” said Marblex CEO Hong Jin Pyo, in a release. “That's why Immutable and their industry-leading zkEVM chain was the right choice."
Back in January, Marblex said that it would work with layer-1 blockchain network Saga to support its future games, with Saga also aiding with user acquisition. But Saga’s network is designed to launch dedicated chains, and can be used to support games and apps launched on other blockchain networks.
It’s not immediately clear whether the Immutable migration will impact those plans with Saga. Decrypt’s GG asked an Immutable representative for clarification, but did not receive an immediate response.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
[PRESS RELEASE – Seoul, South Korea, February 24th, 2025]
MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully launch high-quality games on the MARBLEX ecosystem.
MBX/HACK the FUN is more than an accelerator—it’s a game launchpad. The program provides hands-on technical support, mentorship, and business acceleration opportunities for Web3 game studios. This program is tailored for teams that already have a playable build or are in advanced development stages. In addition, the program participants will have the opportunity to showcase their projects at Token2049 Dubai in April, where they can connect with potential partners, investors, and publishers.
Over the course of four weeks, game studios and developers will refine their gameplay, tokenomics, and go-to-market strategies with guidance from the hosts and top-tier web3 gaming experts. The program will culminate in The FUN Fest, a high-profile demo day, and an immersive gaming event in Dubai, where finalists will pitch their games to industry leaders, investors, and major gaming ecosystem partners. Winning teams will receive a $100K+ prize each, post-program acceleration, follow-up funding opportunities, and marketing support to ensure a successful launch and long-term growth within the MARBLEX ecosystem.
Applications are now open and will close on March 10, 2025(CET). Developers interested in joining the program can apply through the official website (https://mbxhack.fun). This is an opportunity for web3 game creators to work with a leading global publisher and connect directly with real players for success.
About MARBLEX
MARBLEX is the web3 gaming ecosystem powered by Netmarble, one of the top global game publishers. MARBLEX merges blockchain technology with immersive gaming experiences, offering seamless access to Web3 services, including wallets, DeFi SWAP, and NFT marketplaces.
Users can learn more at https://marblex.io
About Dracoon Ventures
Dracoon Ventures is a web3 game-focused VC, providing early-stage investments and growth acceleration services to web3 gaming startups. With deep expertise in both traditional and web3 gaming, Dracoon Ventures supports the next generation of gaming pioneers.
MARBLEX, Netmarble’s blockchain-specialized subsidiary, has partnered with Microsoft, a leading tech giant. Particularly, MARBLEX and Microsoft have signed a Memorandum of Understanding (MOU) to start a strategic agreement to drive innovation in Web3 gaming. As mentioned in the official press release of MARBLEX, the development is set to advance game publishing endeavors and AI-led advancement in the Web3 sector. Hence, this move could redefine the Web3 gaming ecosystem, bolstering technical strength and global reach.
MARBLEX and Microsoft Sign MOU to Drive AI-Powered Web3 Gaming Innovation The partnership between MARBLEX and Microsoft, is set to fortify the Web3 gaming ecosystem with AI-driven innovation. The signing of the MOU occurred on the 15th of October in Seoul, attended by MARBLEX’s CEO, Hong Jin-pyo, and Microsoft Korea’s Head of Gaming Business, Min Ju-hong. In line with the agreement, the partnership will include the release of “Accelerator,” a robust support program for blockchain gaming. The development will incorporate advanced Microsoft AI technologies, taking into account Copilot Studio, Azure Open AI, and Azure, into the Web3 gaming platform of MARBLEX.
Additionally, the key purpose of the joint effort is to broaden the MBX ecosystem while also offering resilient technical infrastructure to benefit Web3 game developers. At the same time, parallel to the provision of technical integration, the partnership also merges the blockchain expertise of MARBLEX with the AI solutions of Microsoft. This remarkable synergy focuses on establishing a relatively innovative and scalable gaming environment.
Joint Effort Underscores Start of New Epoch According to MARBLEX’s CEO, Min Ju-hong, the partnership with Microsoft endeavors to drive cooperation across diverse domains, including technical support and ecosystem expansion. Additionally, Hong Jin-pyo stressed the move as a key effort to set new benchmarks for the publication of Web3 games. Overall, the mutual initiative attempts to accelerate AI-led Web3 gaming innovation.
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.
MARBLEX, the blockchain division of Netmarble, a popular gaming giant, has invested in the $OPEN token of OpenLedger, a blockchain infrastructure firm. The strategic investment aims to advance AI transparency as well as the decentralized gaming landscape. As OpenLedger mentioned in its official social media announcement, the collaboration is a key step to advance institutional confidence in its long-term vision. Hence, the move indicates the rising trend of aligning blockchain infrastructure with gaming.
MARBLEX Supports OpenLedger’s $OPEN with Investment to Drive Robust Decentralized Gaming MARBLEX’s strategic investment in $OPEN endorses OpenLedger in the form of a foundational layer that bolsters AI systems as well as transparent data. In addition to this, the development intends to elevate the development of decentralized gaming agendas and verifiable AI. Complementing this, OpenLedger provides a next-gen infrastructure to guarantee data verifiability, trust, and auditability to broaden AI adoption across industries.
Apart from that, the participation of MARBLEX in this development highlights that key gaming platforms recognize the significance of transparency in AI technologies, specifically in AI-powered and data-led games. The respective investment also displays a wider trend where Web2 gaming entities are delving into the Web3 native infrastructure for future-proof ecosystems. Additionally, the partnership leverages OpenLedger’s infrastructure to let MARBLEX to bolster fairness and trust in zones like in-game economies, data sharing, and AI-generated content.
Setting Stage for Trust-Led Decentralized Gaming Networks According to OpenLedger, the collaboration endeavors to redefine the decentralized gaming networks where publishers, developers, and players can trust AI-led outcomes. For this purpose, the transparent data layers’ integration may assist in decreasing fraud, enabling relatively open stakeholder collaboration, and enhance governance. Ultimately, MARBLEX investment signifies growing institutional inclusion in infrastructure-centered crypto projects instead of entirely speculative assets.
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.
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)
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds ago
Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
PANews reported on January 19th that, according to FinanceWire, AKEDO, an AI-native content creation engine and publishing platform, announced the completion of a $5 million seed round of financing. The round was led by Karatage, with participation from investors in the gaming, artificial intelligence, and cryptocurrency sectors, including Sfermion, Collab + Currency, MARBLEX, Seed Club, The Open Platform, TON Ventures, Gagra Ventures, Kenetic Capital, and Metalabs Ventures.
AKEDO is dedicated to building an "ambience coding" platform driven by a multi-agent AI system, aiming to significantly improve the efficiency of game and content development through collaborative AI agents. The platform allows users to create game collections, generate AIGC content, and plans to support one-click issuance of collection tokens in the future, unlocking diverse revenue streams for creators and protocols. The company's CEO stated that this round of funding will be used to expand its multi-agent infrastructure.
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)
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds ago
Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
PANews reported on March 26 that PeakAI, an AI-driven Web3 marketing analytics platform, has completed a $2 million seed funding round. Investors include Cogitent Ventures, Covey Network, CatcherVC, 10K Ventures, MARBLEX Corp., PAKA, and ViaBTC Capital.
The platform reportedly combines blockchain data with decentralized marketing infrastructure to help brands conduct marketing campaigns through micro-influencers and settle transactions in USDC.
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)
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds ago
Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
PANews reported on March 27 that Verse8, a Web3 social gaming platform, has completed a $5 million seed funding round. Investors include Neowiz, Story Foundation, Nexpace, Nexus, and MARBLEX Corp.
The platform reportedly combines social networks, gamification, and blockchain ownership to allow users to create, interact, and monetize content in a decentralized environment, connecting entertainment and the digital economy through on-chain identities and interactive virtual spaces.
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)
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds ago
Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
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)
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds 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.
1 seconds ago
Market Sentiment: Current sentiment among smart money and retail funds in the market is at a neutral level.
According to the latest data from SentimenTrader, as of June 24, the Smart Money Confidence Index stands at 0.56, while the Dumb Money Confidence Index is at 0.49. Both smart money and retail investor sentiment are currently in the neutral range, with no clear optimistic or pessimistic bias emerging in the market.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
A years-long race to de-anonymize Satoshi Nakamoto appears to have reached an ideological dead end, one that has paradoxically benefited the industry. Against the backdrop of the film "Finding Satoshi," leaders of major crypto companies have voiced a synchronized thesis: Nakamoto's identity has definitively become a historical artifact rather than a market factor.
Phong Le, CEO of MicroStrategy, commenting on the film, emphasized that Bitcoin has earned an approach grounded in humility and recognition of contributions, rather than attempts at exposure. He was supported by Brian Armstrong, CEO of Coinbase, who stated that Bitcoin's code and economic model now "stand on their own," regardless of who held the pen in 2008.
Who Satoshi is no longer matters for Bitcoin. That said, I agree this is the most thoughtful piece I've seen on the topic. It stands in contrast to prior self-indulgent exposés, approaching the topic with humility and kindness - qualities Satoshi and Bitcoin have earned. https://t.co/atGPtw6Pe6
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— Phong Le (@phongle) April 22, 2026 Who is Satoshi?An interesting angle is that the Finding Satoshi version suggesting a duo of Hal Finney and Len Sassaman is the most "market-neutral." Unlike past theories involving Peter Todd or Adam Back, this version implies that the "keys to paradise" are physically inaccessible, as both presumed creators are deceased - Finney since 2014 and Sassaman since 2011.
This removes the long-standing "black swan" risk of a sudden release of 1.1 million BTC from Satoshi-linked wallets. Moreover, acknowledgment from their widows of the plausibility of this theory puts a cap on speculation, transforming Satoshi from a mysterious manipulator into a tragic genius.
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The numbers confirm that Bitcoin has outgrown its creator. Today, MicroStrategy holds 815,000 BTC and BlackRock holds 806,000 BTC, effectively becoming a collective "Satoshi" of the present era. Their combined holdings balance the founder's share.
Whether this makes the network more decentralized and resilient to any individual reputational risks remains an open question.
Bitcoin is currently showing a structure that often precedes sharp volatility, with liquidity building above key levels while price consolidates below. This kind of setup typically signals that the market may first move to hunt those liquidity zones before establishing its next clear directional trend.
Bitcoin Builds Liquidity Cluster Around $80K Zone Crypto analyst Cryptorphic noted that Bitcoin is once again building a dense cluster of liquidity around the $80,000 level. This area is becoming increasingly important, as leveraged positions continue to stack above current price action, creating a potential target zone for the market.
At present, Bitcoin is trading below this liquidity pocket and moving within a relatively compressed range, reflecting indecision in the market, where price consolidates before a larger expansion. Historically, similar setups have frequently led to liquidity sweeps as the market seeks out areas of unfilled orders.
Source: Chart from Cryptorphic on X These liquidity zones tend to act like magnets, drawing price toward them as stop-losses and liquidation points accumulate. With so much interest positioned around $80,000, the upside liquidity becomes a natural target if momentum shifts even slightly in favor of buyers. The broader implication is that Bitcoin may first attempt to sweep this $80,000 zone or reach that liquidity level and react from it before any sustained directional move becomes clear.
Markets Move In Two Clear Phases According to the analyst Mags, the market moves through two distinct phases. The first being the Bull Phase, Mags highlights that while the primary trend is upward, it is never a straight line to the top. Instead, price action is characterized by multiple pullbacks, often ranging from 20% to 30%, which occur before a cycle peak is reached. These corrections are presented not as threats, but as a normal and necessary part of every cycle‘s journey, resting sentiment, and fueling continuation.
The second stage identified by Mags is the Bear Phase, which is triggered when the underlying market structure finally breaks. This shift leads to a much deeper correction than the standard pullbacks seen during the ascent. During this period, the market undergoes a process of finding a definitive bottom, clearing the stage for the next trend to begin.
Ultimately, Mags argues that while the phases transition, the presence of volatility is the one that never changes. The difference between success and failure lies in the ability to recognize your current position within the cycle. As Mags points out, history has consistently rewarded those who can ignore the noise of short-term swings and focus on the long-term game, recognizing that each phase is simply a part of the market’s natural rhythm.
BTC trading at $77,638 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com
When Gary Gensler left the US Securities and Exchange Commission in January 2025, Bitcoin was trending higher, and many expected a more favorable regulatory backdrop to drive further upside. Instead, BTC has fallen sharply to a zone that complicates a once-popular narrative that regulation, or Gensler specifically, was the primary force holding the market back.
Bitcoin’s Price May Be Saying More About Markets Than Regulators The market reaction to regulatory change hasn’t played out the way many expected. Analyst Benjamin Cowen has mentioned on X that when Gary Gensler stepped down from the US Securities and Exchange Commission (SEC) in January 2025, Bitcoin was trading around $109,000. Today, it sits closer to $75,000.
Cowen argues that one major reason the crypto markets have suffered is that market participants started to lose faith in the industry itself. After Gensler left, it essentially just opened the floodgates to the grift age of crypto.
During the period, the influencers and politicians were launching memecoins and rug-pulling their followers every day, without fear of any repercussions. This led to a massive misallocation of capital, with liquidity flowing into speculative assets instead of strengthening the broader ecosystem.
While people celebrated Gensler’s exit, it marked a turning point in the industry, with BTC only marginally going higher before entering a bear market. According to Cowen, now that some people are celebrating Jerome Powell’s removal as chair of the Federal Reserve, it is a sign that history could repeat itself. They celebrated it in the short term, which will mark a turning point in credibility for the Fed in a few years.
If the Fed becomes another cabinet within the executive branch, it may lead to a lack of trust in the institution. In a few years, participants will realize that markets were better off with Powell than without him.
Liquidity Sweeps Into FOMC Are Becoming A Familiar Setup Bitcoin has shown a consistent pattern around Federal Open Market Committee (FOMC) meetings, and it’s not bullish in the short term. A crypto trader known as Max Trades highlighted that following the last seven FOMC meetings, BTC dropped sharply after each decision.
What makes the current setup notable is how closely it mirrors the conditions seen before the March meeting. Back then, price rallied into the event, repeatedly sweeping local highs while building a large pool of liquidity below. That structure marked the local top, followed by a 13% correction that erased most of the prior move.
Source: Chart from Max Trades on X Heading into the current interest rate decision, these factors are in place, with BTC price trading just below a major higher-timeframe resistance level, adding another layer of confluence to the downside scenario. However, if this same scenario plays out similarly, the BTC price could point to the formation of another local top around this event.
BTC trading at $76,071 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com
Bitcoin’s recent rejection near key resistance has raised fresh concerns about the strength of its ongoing rally. After a steady climb, signs of selling pressure are beginning to emerge, hinting that bullish momentum may be weakening. With price now hovering around critical support zones, the next move could determine whether the uptrend regains traction or starts to lose steam.
2–618 Pattern Triggers: BTC Rejected At $78,000 In a market update, analyst Kamile Uray revealed that the long-anticipated 2-618 pattern for Bitcoin has officially activated. After the price approached the $78,037 mark, significant selling pressure stalled the upward momentum. This reaction at the local peak confirms that the market is currently responding to technical overhead, initiating a corrective phase.
The immediate outlook suggests the current decline could extend down to the $73,762 level, which serves as a critical decision point for the asset. If Bitcoin manages to hold this floor, the possibility of a renewed bullish push remains on the table.
Source: Chart from Kamile Uray on X Should the price slip below the $73,762 bottom, the next major target is $70,165, which aligns with the 0.618 Fibonacci support of the most recent upward wave. A successful defense of this area would likely spark another upward move. Conversely, if bulls want to reclaim full control, they must achieve a close above $79,555. Such a move would establish the first higher high on the 4-hour chart relative to the recent downturn, signaling a continuation of the macro uptrend toward the $98,000 and $107,000–$109,000 range.
In the event of a more severe retracement, secondary supports are identified at $65,666, $63,823, $62,433, and $60,000. The stakes are particularly high at this lower limit; a daily close below $60,000 would be a highly bearish signal, potentially marking the beginning of a more substantial market decline.
Key Levels In Focus: Mapping Bitcoin’s Critical Zones Highlighting the key levels marked on the chart, Daan Crypto Trades emphasized that the low $80,000 region remains a pivotal zone for bulls in the short to mid-term. He also noted that the $72,000 level, which previously acted as resistance for over two months, has now flipped into a critical support zone.
Maintaining price above this level would reinforce bullish control and suggest that the market is building a solid base for further upside, providing the foundation needed for another leg higher. A breakdown below $72,000, however, would likely indicate that the momentum from the recent bounce is fading, opening the door for more sideways market structure. Although Bitcoin has posted a steady 20% gain throughout April, the price action may not last long, as volatility is expected to emerge at any point.
BTC trading at $76,038 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com
