Ethereum and BNB chain bridge Router Protocol just closed an oversubscribed funding round to extend the bridge to more networks.
Router Protocol, a modular cross-chain framework for building interoperable applications. By connecting different blockchain ecosystems, bridges play a crucial role in creating a more cohesive and streamlined network.
It was launched in 2022 on the Polygon and BSC chains with the objective of making life easier for future Web3 users.
Router Protocol said in a press release that it has recently raised more than expected funds for further development—but didn't disclose exactly how much. The investment realized from this raise will be used to fuel its own fully operational layer 1 blockchain, thus breaking away from the Binance and Polygon ecosystem.
“Router Chain embodies the evolution of our unwavering vision to build the universal interconnectivity layer between fragmented L1/L2 networks,” Ramani Ramachandran, CEO of Router Protocol, said in a press release.
The goal, he added, is to do away with complexity.
The team is “laser-focused on delivering seamless and intuitive user and developer experience for multi-chain applications,” he added.
According to Shubham Singh, the CTO of Router Protocol, the ecosystem has experienced tremendous growth with cross-chain projects like FolioX and StakeEase, which have decided to take advantage of the Protocol’s unique characteristics to make a name for themselves.
In another development, Router Protocol has achieved a significant milestone with the successful launch of Router Nitro. This cross-chain bridge leverages an innovative reverse-verification method to deliver speed and gas efficiency.
Since its launch, the Nitro bridge has facilitated over $350 million in volume, processed more than 650,000 transactions, and attracted nearly 300,000 unique users within four months.
This underscores the growing demand for seamless cross-chain interactions.
The Protocol will soon launch an Ecosystem Grant for projects with future prospects that build on the Router Chain.
Edited by Stacy Elliott.
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Router Protocol, an interoperability layer that connects diverse blockchains, has disclosed an exclusive development. As per the company, it has accomplished oversubscribed funding that took into account the participation of well-known crypto funds and angels. The platform shared a comprehensive blog post to provide the details about this move.
Router Protocol Accomplishes Its Oversubscribed Funding The firm expressed enthusiasm about this endeavor. It mentioned that the strategic round had a chief target of expanding the cap table of Router. In this respect, the project took into account the cryptocurrency operators who thoroughly comprehend that the cross-chain infrastructure is important. They also know that this can speed up the ecosystem advancement while Router upgrades into an L1 blockchain platform.
Additionally, the firm also revealed that a distinctive group of proficient Web3 executives and founders participated in the project. They reportedly came in as advisors and angels. These personalities took into account Ravindra (Frontier), Amitej (Stader), Anurag Arjun (Avail), Aniket (Biconomy) and Amrit Kumar (Altlayer). They also included Parker Jou (Caldera), Keone Hon (Monad), and so on.
According to Router Protocol, it also obtained huge support from the platform’s existing investors. They included prominent market players like Luganodes, RavenDAO, CryptoBantere, DeFi Capital, Woodstock, and Wintermute Ventures. This reportedly denotes a testament to their solid belief in the company’s vision. The other famous angels and advisors included Surojjit Chatterjee (EMA, Flipkart, Google, Coinbase), Gokul Rajaram (Google/Doordash), and so on.
The firm added that it will strategically deploy the respective funding’s proceeds to push forward its development. Apart from that, it will also utilize them for the highly speculated mainnet release of Router Chain. The company claimed that it is poised to revolutionize the fund transaction by minimizing the blockchain complexity. Hence, this would reportedly unlock a new epoch of smooth cross-chain applications as well as user experiences.
The Platform Also Releases the Router Ecosystem Grants Program to Help Router Chain Projects Router Protocol’s CEO “Shubham Singh” also remarked on this initiative. As per the executive, the ecosystem’s swift expansion is thrilling. He added that cross-chain projects such as FolioX, StakeEase, and several others are leveraging the firm’s interoperability measures. To speed up the platform’s growth, it has also announced the impending release of the Router Ecosystem Grants Program. It will offer significant financial resources and support to profitable projects on the Router Chain.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Router Protocol, a Coinbase Ventures-backed decentralized blockchain network, has announced the mainnet launch of its Layer-1 solution Router Chain.
The launch, set for Tuesday, aims to bridge Bitcoin (BTC) and Ethereum (ETH) security to chains in the Cosmos (ATOM) ecosystem, enabling fully interoperable decentralized applications.
Router Protocol’s mainnet launch introduces chain abstraction technology, allowing developers to create dApps for cross-chain money markets and omnichain tokens and other use cases.
Router Chain eyes a chain abstracted ecosystem Chain abstraction relates to the defragmentation of the blockchain ecosystem to allow users to interact with dApps from any chain without having to exit their current application. Abstraction also allows for interaction with the applications on disparate chains via any token, with blockchains benefitting from aggregated liquidity.
Router Protool wrote in an update that its mainnet launch is another step towards addressing challenges facing developers and the community in relation to chain abstraction within the Web3 ecosystem. Per details shared in the press release, the protocol offers a product suite that includes Router Chain, Nitro and CCIF for this goal.
Router Chain is a proof of stake layer-1 chain leveraging Tendermint’s BFT consensus mechanism and offers compatibility with EVM and non EVM chains. Meanwhile, the Cross-Chain Intent Framework is a plug-and-play infrastructure for cross-chain dApps and Nitro supports cross-chain swaps.
“By abstracting blockchain complexities, Router Protocol not only advances chain abstraction technology but enables the next generation of decentralized applications to seamlessly interact across multiple chains, boosting efficiency and reducing costs. This is the development Web3 has been waiting for,” Router Protocol founder and CEO Ramani Ramachandran said.
ROUTE as gas token Router Protocol’s mainnet launch also allows developers and users to benefit from features such as optimistic reverse verification and fast finality for fast cross-chain transfers. Meanwhile, middleware interceptors provide for customizable interactions and composability.
According to Router Protocol, the ROUTE token will serve as the platform’s gas token as well as offer staking rewards for holders.
Bridging Bitcoin, Ethereum to Cosmos Features that come with Router Chain’s mainnet launch includes canonical bridges, omnichain tokens and alloyed assets, and cross-chain money markets. Developers can leverage Router Chain for decentralized applications for cross-chain lending, borrowing and trading.
Router Chain’s multi-chain dApps feature means developers can tap into Bitcoin or Ethereum’s security, while at the same time leverage Solana for low transaction costs and speed. Router plans to launch a bridging solution for Cosmos to help mitigate the chain’s security limitations.
Also backed by QCP Capital and Wintermute among other investors, Router Protocol will look to mainnet launch to expand beyond the over 30 EVM and non-EVM chains that it currently supports.
Router Protocol has partnerships with Circle, Osmosis and Electron Labs, while its CCIF integrations include Lido, Benqi, Stakestone and Aerodrome.
Bitcoin price today continues its search for a new bottom below $40,000, having recently dropped to $38,555. Although the significant support level of $38,500 for BTC is currently holding, unexpected high-volume selling or buying in the coming hours could further increase volatility in altcoins. Particularly, the demand in futures contracts is laying the groundwork for such high-volatility movements.
Will CEEK Coin Increase?We have shared long-term evaluations of CEEK Coin price performance many times. In the latest price analysis, we mentioned that investors have reached a point of frustration on social media. CEEK Coin, with a high concentration of Turkish investors, has not shown sufficient progress and has not had the opportunity to be listed on popular exchanges in the past three years.
Weak technological progress, the certification of the team’s lack of confidence in CEEK Coin during metaverse land sales, and social activity that did not go beyond listing rumors have led to the current situation.
However, for those curious about the future of the price, we see buyers coming in at the support level of $0.044. The long tails on the daily chart indicate that some buyers are taking advantage of the rapid sales as BTC heads lower. However, if BTC weakness continues, this support could also be lost. Subsequent sales could continue down to $0.03337, potentially opening the door to a new all-time low price.
Chiliz (CHZ) Price PredictionDespite all the negativity, CHZ Coin bulls seem determined not to give up on their gains. After months of moving within a parallel channel, the price finally broke free and continues to stay above the key region, even as BTC retreated to the $38,500 support.
Closures above $0.085 are positive, and with BTC potentially returning above $42,000, CHZ Coin could quickly recover among altcoins. Key areas are $0.106 and $0.112; daily closures above these could see movements towards $0.131 and $0.143. The medium-term peak target is at $0.27.
Conversely, if it falls back below the parallel channel’s resistance level, the decline could deepen to the $0.072 middle area. In a scenario where BTC’s overselling leads to a massive bottom at $30,000, the $0.058 and $0.055 lows could be retested after months.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Huobi Group has announced the expansion of its footprint in the MENA region, launching its white-label digital asset exchange services at its office in Dubai, UAE. Huobi is the latest firm to leverage the blockchain-friendly attitude of the UAE, where the government has committed to a strategic agenda for adopting the technology.
Huobi Cloud enables exchange operators to leverage Huobi’s platform for launching their own exchange. In exchange for a share of the profits, Huobi Cloud partners can stamp their own brand onto a cryptocurrency exchange, with access to Huobi’s desktop and mobile trading platforms, order book, liquidity, and over 450 digital asset trading pairs. It’s part of Huobi’s broader expansion plans, for which it recently raised 500 million Japanese Yen ($4.5m.)
According to the press release accompanying the Huobi announcement, 5.2% of people in the UAE hold some form of cryptocurrency. However, given the rapid pace of blockchain adoption by enterprises and the government, that figure is likely to be growing. This month alone, there has been a slew of blockchain and crypto-related news emerging from the region.
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The desert where blockchain sprouts? In early October, enterprise blockchain provider Blocko confirmed it was launching in the UAE, thanks to a partnership with SEED group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum. Blocko will be working with operating platform Aergo to implement hybrid public-private blockchain for the UAE government and enterprises throughout the nation.
The announcement is the latest news from the UAE government’s strategy to move 50% of its transactions onto the blockchain by 2021. The strategy is aiming to save 11 billion AED (~$3 billion) in transaction and documentation costs each year, as well as 77 million work hours.
Later in the month, the Department for Urban Planning and Municipalities announced it would be moving its land registry records to the blockchain. At the same time, Dubai authorities stated their intention for a similar initiative for business registrations.
Shortly afterward, the Dubai Chamber of Commerce and Industry confirmed it had signed a Memorandum of Understanding with government-owned bank, Emirates NBD. The MoU covers the provision of trade finance solutions for Dubai’s Digital Silk Road, which uses blockchain to digitize trade processes.
Meanwhile, cryptocurrency users in the region recently received good news from regulators. The UAE Securities and Commodities Authority (SCA) drafted a resolution that aims to give greater clarity to crypto-related projects, providing confidence to business owners wanting to operate in the space.
Although it’s not clear if this resolution is related to the news of Huobi Cloud’s expansion into the UAE, it’s bound to be good news for the Singapore exchange giant’s growth plans. Huobi recently signified the health of its revenues with an 11 million burn of its HT tokens, worth over $40 million.
Disclosure: This article was edited by Sarah Rothrie. For more information on how we create and review content, see our Editorial Policy.
Aergo protocol stirred up a buzz across the broader crypto industry on Tuesday as its native token AERGO price skyrocketed nearly 25% on an important update from Binance. The leading crypto exchange announced perpetual contract launch for the token, stirring investor enthusiasm across the market. Crypto enthusiasts continue to speculate whether the listing could spark an uptrend for the token ahead.
Binance Launches AERGO Futures Listing As per an official Binance announcement dated September 10, the crypto exchange revealed that it is launching futures trading for AERGO USD-Margined perpetual contract (AERGOUSDT) starting today at 12:15 UTC. Traders on the platform can enjoy up to 75x leverage trading the digital asset.
This decision by the crypto exchange comes as a mover to “expand the list of trading choices offered and enhance users’ trading experience” on the platform. The underlying asset remains Aergo protocol.
It’s worth noting that the capped funding rate set by the exchange was at +2.00% / -2.00%. However, the CEX also clarified that it may adjust the specifications of the listing contract based on market conditions. This includes changes in the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
Meanwhile, the protocol’s community on X recently revealed that it is readying a V4 update to enhance network compatibility and fix minor issues on the protocol’s ecosystem. With 95% of the work for this V4 update is completed, the testnet launch remains poised for mid-September. Also, the mainnet hard fork is set to go live by the end of September. These developments, altogether, have garnered significant investor attention on the AERGO token amid its price upswing.
Token Price Surges 25% AERGO price soared nearly 25% from its 24-hour low to trade at $0.1054 at press time. The coin’s intraday low and high were $0.08566 and $0.111, respectively. AERGO’s 24-hour trading volume surged by a whopping 1951.48% today, sparking a buzz among market participants. This price upswing primarily aligns with the top crypto exchange‘s futures listing announcement weighing in.
As seen previously, Binance futures listing for Rocket Pool (RPL) sparked a phenomenal price uptick for the Ethereum liquid staking protocol, CoinGape Media reported. Similarly, the AERGO price upswing witnessed today aligns with the exchange’s listing announcement, with the V4 upgrade adding to optimism on future movements. Notably, since September 10, the coin has noted nearly 13% gains in its value, cementing optimism among market participants.
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Political tokens led by meme coins linked to Donald Trump plunged more than 8% after last night’s presidential debate with the odds of Kamala Harris becoming the next president gaining on betting platforms including Polymarket.
Trumpie (TRUMPIE), Doland Tremp (TREMP) and MAGA Pepe (MAPE) were the biggest losers in the political meme coin sector over the past 24 hours. TRUMPIE plummeted over 47%, while both TREMP and MAPE shed more than 25%.
Betting Odds Shift In Favor Of Kamala Harris As Donald Trump Struggles Harris and Trump faced off in their first debate in Philadelphia yesterday evening. Topics covered in the debate ranged from the economy to foreign policy to abortion. Following the debate, BetOnline odds that had initially favored Trump had flipped to Harris.
Odds in favor of the former US president winning the election in November dropped 3% on the decentralized betting platform Polymarket. Meanwhile, Harris’s odds rose by the same amount over the past 24 hours. Bettors on the platform now see a 49% chance of either candidate taking the White House this year.
World's largest prediction market.
Before the debate After the debate pic.twitter.com/p1KjOOFZU1
— i/o (@eyeslasho) September 11, 2024
Before the debate, Trump had an 8% lead on the platform. His odds prior to yesterday’s face off stood at 53%, compared to Harris’s 45%.
Crypto Not Mentioned Once In First Harris-Trump Presidential Debate Despite Trump’s pro-crypto stance, the industry was not mentioned once during the debate. The former US President appeared to be agitated during the face off with data from the fact-checking agency PolitiFact showing he made several false claims.
Trump had earlier vowed to end President Joe Biden’s war on crypto if elected. He also said on Sept. 5 that he plans to wipe out anti-crypto regulation and make the US the “world capital of crypto.”
Bernstein analysts told clients in a Sept. 9 note that Trump winning could ignite a BTC rally to $90K by the end of the year, while a Harris win could see the king of cryptos plummet to $30K.
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Attorneys for former Alameda Research CEO Caroline Ellison asked that she be spared a prison sentence for her role in the FTX collapse, citing her “extraordinary cooperation” in testifying against FTX founder Sam Bankman-Fried.
In a Sept. 10 court filing, they noted that the Probabtion Department had recommended three years of supervised release instead, and highlighted Ellison’s key role in securing Bankman-Fried’s conviction.
She faces up to 110 years in prison but is likely to receive a lighter sentence due to her assistance.
Bankman-Fried Instructed Ellison To Compile False Balance Sheets Ellison provided the most damning testimony during Bankman-Friend’s trial, which subsequently led to his 25-year prison sentence.
Ellison described how Bankman-Fried instructed her to compile misleading balance sheets for investors. She also revealed how the FTX founder pursued risky investments knowing full well that it would lead to a draw down for investors.
Ellison “poses no risk of recidivism and presents no threat to public safety,” Ellison’s attorneys said in the filing. Her “early disclosure of the crimes, her unmitigated acceptance of responsibility for them,“ as well as the three days she testified as a government witness against Bankman-Fried were listed in the filing as reasons for the court to grant her leniency.
Caroline Ellison's lawyers want to redact parts of her sentencing submission because she "has been the focus of intense media scrutiny and Internet fascination" pic.twitter.com/d2d8Ip98oS
— Jacob Shamsian ⚖️ (@JayShams) September 10, 2024
Diary entries and statements showing Ellison’s cooperation with FTX’s bankruptcy estate were also a part of her sentencing submission, along with letters from former colleagues, friends and family.
Caroline Ellison Faces Up To 110 Years In Prison Ellison pleaded guilty to seven counts of wire fraud, money laundering, commodities fraud and securities fraud in commingling of FTX and Alameda Research funds.
If given the maximum allowable sentence, Ellison could be sentenced to 110 years in prison, although legal experts say her cooperation and testimony make this unlikely.
Ellison is scheduled to appear in court for her sentencing on Sept. 24.
Former FTX engineering director Nishad Singh and the exchange’s co-founder Gary Wang will have their sentencing hearings on Oct. 30 and Nov. 20, respectively. Wang and Singh also pleaded guilty.
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Aergo rallied by 60% despite a bearish divergence, showing the rally’s strength Traders and investors should not be FOMOing right now over AERGO Aergo [AERGO] has rallied by 181% since the low at $0.0475 on Saturday. In fact, CoinMarketCap data highlighted the token’s size relative to the larger assets. At press time, it had only 7,300 holders and a market cap of $64.44 million. Quick rallies in smaller tokens should be treated with caution, as the usual low trading volume can make it easier to drive prices higher before whales dump their holdings.
Moreover, the price has reached the key resistances from March and April 2024. The $0.17 and $0.195 levels marked the tops Aergo token formed in the past year. And, they could mark this rally’s top as well.
Aergo bulls should look to take profits, instead of bidding more Source: AERGO/USD on TradingView The 1-day chart revealed a bullish surge for the token, one that propelled it past the series of lower highs made since February. The session close above $0.08 on Sunday, 06 April, flipped the AERGO market structure bullishly on the 1-day chart.
The trading volume bars at the bottom have also seen enormous hikes since the weekend, underlining incredible trading volume. On Saturday, Coinbase saws 1.25 million AERGO tokens traded. This figure catapulted to 150.25 million on Sunday.
If AERGO can climb above $0.2, it would be a strong sign of sustained buying pressure. Until then, buyers should beware a bearish reversal as the price retests key supply zones.
Source: AERGO/USD on TradingView On the 4-hour chart, a strong bearish divergence between the price and the MFI was highlighted.
Even after the divergence formed, Aergo pumped by 60%, showing how difficult it can be to predict reversals for coins with such intense volume.
Source: Coinglass The liquidation heatmap of the past week revealed that AERGO allowed liquidity to build up overhead while consolidating for a few hours. This, before bursting higher beyond these pockets. This pattern appeared to end below the $0.166 liquidity pocket.
It is likely that the $0.166-$0.17 resistance zone would be retested soon. Especially since the magnetic zone seemed to be relatively close to the press time market price.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
Onyxcoin led daily crypto gainers with a 100.5% surge, trading at $0.02 on April 11, 2025. Aergo, Swiftcoin, Orca, and WEMIX followed with strong 24-hour price gains and market activity. Top gainers traded on Binance, Coinbase, and Bybit, reflecting high liquidity and investor demand. On April 11, 2025, the crypto market witnessed a surge in select digital assets, with Onyxcoin (XCN) emerging as the top-performing token of the day. According to data from Phoenix Group, the daily market gainers list featured ten tokens that recorded price increases within 24 hours. These price movements reflected increased market activity, short-term bullish momentum, and potential project developments affecting investor sentiment.
The assets listed were traded across leading cryptocurrency platforms, including Binance, Coinbase, and Bybit, indicating high liquidity and accessibility for retail and institutional participants.
Onyxcoin Registers 100.5% Daily Price Surge Onyxcoin (XCN) led the daily gainers with a 100.5% price increase, making it the most performer on April 11. The asset was trading at $0.02, bringing its market capitalization to $749.8 million. This rise placed XCN ahead of other gainers, highlighting an increase in demand within a short time frame.
Aergo (AERGO) was next, increasing its trading value by 82.8% of its price. It was trading for $0.20 per token and had a total market cap of $109,800,000. Swiftcoin (SWFTC) held the third place on the list due to an increase of 48.6% in its price, now trading at $0.01. Its market capitalization was reported at $152.5 million.
Orca, ZircuIt, and WEMIX Show Notable Market Performance. Other tokens that showed good appreciation in the space are ORCA that appreciated by 44.7%. ORCA has been priced at $2.84, with the company achieving a market value of $158.6 million. AFL was up by 37.8%, it rising to $0.03 in the same period as ZircuIt (ZRC).
WEMIX (WEMIX) advanced by 26.4%, trading at $0.70. Despite a lower percentage increase than XCN and AERGO, WEMIX stood out with one of the highest market capitalizations among the listed assets, valued at $292.6 million.
Remaining Tokens Record Moderate Price Increases Spearx (SPA) gained 26% to trade at $0.01. XYO Network (XYO) recorded a 22.8% increase within the 24-hour window, also trading at $0.01. VIDT Datalink (VIDT) gained 20.1%, reaching a trading price of $0.01.
Curve (CRV) completed the list of daily gainers with an 18.4% increase in price. CRV traded at $0.59 and reported the largest market capitalization among the day’s top gainers, standing at $786.9 million.
Trading Platforms Support High Liquidity Across Gainers All ten assets listed as top gainers were actively traded across some of the industry’s most recognized centralized exchanges. The availability of these tokens on platforms like Coinbase, Binance, and Bybit contributed to increased liquidity and investor participation during the trading day.
This kind of movement, particularly in one direction in a single day, refers to movements of the short-term market, and high trading activities are usually experienced around certain assets. Due to broad market indicators, it was expected to be different in that the performance of the gains was inclined within some tokens, and each of them demonstrated different price actions within their trading index.
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Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team.
The Aergo price has seen a significant uptrend following the recent announcements by prominent exchanges like Binance and DigiFinex Global. Within a day, Aergo surged by 18%, reaching a new all-time high.
However, the token was quick enough to erase its gains with a 40% drop in the last 24 hours.
Binance Launches Aergo Perpetual Contracts, Price Surges In a stunning announcement, Binance, a top crypto exchange, revealed its decision to launch Aergo Perpetual Contracts. This announcement has caused a stir in the community, pushing Aergo price to a new all-time high of $0.51.
As of press time, Aergo is trading at $0.5138, marking a significant increase of 23.55% in a day. Over the past week, month, and year, the token has seen staggering surges of 287%, 635%, and 243%, respectively.
DigiFinex Lists Aergo Sparking Investor Interest Coinciding with Binance’s Aergo Perpetual Contracts launch, crypto exchange DigiFinex announced the new listing of tokens, including Aergo. Other tokens newly added to the platform are $SWFTC, $ORCA, $UXLINK & $GOG.
🔔 New Listing Alert$AERGO, $SWFTC, $ORCA, $UXLINK & $GOG will be listed on #DigiFinex on Apr. 15th 2025 7:00 (UTC)!
Reportedly, Aergo is listed on DigiFinex with the trading pair USDT, effective from April 15, 2025 (7.00 UTC). The DigiFinex listing, coupled with Binance’s major announcement, has triggered a push in the Aergo price, with traders and analysts remaining bullish.
Binance Sparks Criticism, Know Why Binance’s Aergo pertual contracts launch announcement comes a week after the exchange delisted the token. Driven by this contradicting action, the community raises concerns over Binance’s intensions.
For instance, analyst Crypto Gem slammed Binance for its contradictory moves. The analyst cited, “Binance is playing a dirty game.” He further added,
They delisted the $AERGO token and now, just a week later, they’re listing it on perpetuals after it pumped 10x in a few days. This clearly shows they don’t care about solid projects or communities only about filling their own pockets.
Despite this criticism, the Aergo price continues its upward trend, targeting new all-time highs.
Recently, Binance founder Changpeng Zhao dismissed rumors of his connections with the US Federal Reserve.
Aergo Targets Top 100 Spot Driven by these significant developments, the Aergo price is moving on a positive track, sparking both optimism and ambiguity. The 24-hour trading volume of Aergo has experienced a staggering jump of 35%, currently at $791.78 million.
Moreover, Aergo’s market cap jumped 35.5% to $273.57 million. Ranked 158th, analysts predict a potential top 100 spot if the rally continues.
The Aergo token has experienced a notable surge following significant announcements from the Binance and DigiFinex exchanges. Within just one day, the token rose by 18%, reaching a new peak of $0.51. The developments, which have sparked excitement within the community, have allowed Aergo to regain investor interest, particularly due to Binance’s decision regarding perpetual contracts.
Binance Announcement Triggers Price IncreaseIn a statement from Binance, the exchange announced the launch of perpetual contracts for Aergo in USDT trading pairs. This news quickly garnered intense interest among investors. Following the announcement, Aergo’s price surged to $0.51, with recent data indicating a 23% increase in the token’s value.
However, not everyone welcomed Binance’s move positively. Critics on social media pointed out the exchange’s previous decision to delist Aergo, questioning the timing of this new offering. Some commentators suggested that the action prioritized the exchange’s own interests. Nevertheless, the price increase is seen as a strong signal in terms of market dynamics.
Additionally, Aergo’s 24-hour trading volume has increased by 35%. This significant rise in market capitalization supports upward expectations for the token’s ranking. Some market participants speculate that Aergo could potentially enter the Top 100 cryptocurrencies in the near future.
DigiFinex Listing and New ExpectationsDigiFinex has officially announced the listing of the Aergo token in the USDT trading pair. With this development, Aergo has regained visibility on major exchanges. The announcement included details about the timing of the listing and trading pair, further engaging investors. It was also reported that other tokens have been listed on the platform, indicating a heightened interest from DigiFinex users.
The increased interest in Aergo due to this new listing has positively impacted the token’s liquidity and trading volume. During this period, investors are closely monitoring developments from both Binance and DigiFinex. Notably, past incidents involving claims denied by Binance’s founder have resurfaced in discussions.
In the cryptocurrency market, exchange announcements can quickly influence investor psychology. As seen with Aergo, price movements are shaped not just by technical analysis but also by the decisions made by exchanges. Recent developments have increased medium-term optimism towards Aergo.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
AERGO has plunged over 70% since its debut on Binance Futures, prompting accusations from community members who suspect market manipulation and coordinated sell-offs may be driving the steep drop.
Aergo (AERGO) fell to an intraday low of $0.12 on April 17, afternoon Asian time, bringing its market cap down from $307 million to nearly $78.5 million as of press time. Its daily trading volume was up 88% over the past day, hovering over $1.37 billion.
Source: TradingView The drop followed a nearly two-week uptrend that began on April 6, during which AERGO rallied over 1,200% to a record high above $0.658 on April 16, before crashing roughly 75% the following day.
AERGO price started tanking less than 12 hours after its listing on Binance Futures, which enabled trading of the AERGO/USDT pair with up to 15x leverage.
Some community members on X have questioned the timing of the crash, especially given Binance’s recent decision to delist AERGO’s spot trading pair on March 28, as part of a routine asset review process, the exchange said at that time.
Despite the delisting, AERGO surged over 10x in the following weeks. Then, just hours after Binance reintroduced the token on its Futures platform, the sharp sell-off began, fueling further suspicion around the sequence of events.
“Binance is playing a dirty game again,” said analysts at Crypto Gem Signals, criticizing Binance for only stepping in when there’s hype to profit from, and calling the latest move further proof that it’s the “biggest fraud exchange ever.”
AERGO futures saw heavy downside pressure across major derivatives platforms, with most positions leaning bearish amid sharp drops in open interest and negative funding rates on nearly all exchanges.
On Bybit, open interest fell over 53% to $36.48 million, while Gate.io and MEXC recorded declines of more than 50% and 71%, respectively. Funding rates were deeply negative across the board—Bybit at -3.000%, Binance at -2.000%, and Bitunix at -1.600%—indicating that traders were broadly positioned for a price decline.
In an April 17 statement shared on X, the Aergo team acknowledged the concerns around extreme volatility, clarifying that they had not been informed ahead of the token’s re-listing on Binance Futures either.
The team has reportedly requested Binance to re-list AERGO on Spot to help minimize extreme price swings, but has not received any response from the exchange so far.
“We’re not here for short-lived pumps — we’re here to build,’ the post concluded.
Amidst this backdrop, concerns over AERGO’s token distribution have also come into focus. Altcoin Gordon, a well-followed trader on X, pointed out that over half of AERGO’s supply is held by the team, early investors, and advisors, something which they believe increases the risk of insider-driven price moves.
He also likened AERGO’s structure to OM, which recently collapsed by over 90% on April 13 after some large token holders allegedly moved funds to exchanges, triggering a cascade of forced liquidations and sparking concerns about centralized supply risks.
XEM leads daily gains with 37.9% surge, showing strong market buying interest. FUN and Aergo post significant double-digit growth amid active trading sessions. Sei holds largest market cap at $1.2B, reflecting broad investor confidence. As reported by Phoenix Group, on June 21, 2025, the crypto market experienced major daily gains across a range of digital assets. XEM (NEM) led the list with a 37.9% increase in price, followed by large rises in other projects such as FUN, Aergo, and Flock.
XEM showed the highest daily gain on June 21, jumping 37.9% to reach $0.0067 per token. This rise pushed its market capitalization to approximately $61.8 million. The increase in XEM’s price indicates a surge in trading volume and buying interest during the trading session, making it the standout performer for the day.
FUN and Aergo Post Double-Digit Gains Funtoken (FUN) followed with a 31.3% price increase, also closing at $0.0067. Its market cap stood at $72.3 million, marking it as one of the more actively traded tokens among the daily gainers. Aergo posted a 15.4% gain, with the token priced at $0.14 and its market value reaching $69.3 million. These figures display strong price appreciation for both assets amid market movements.
Beyond the top three, several other cryptocurrencies registered gains ranging from 5% to over 13%. Flock rose 13.3%, trading at $0.16 and holding a market cap of $18.5 million. Quai Network increased 10.3% to $0.092, with a market capitalization of $45.7 million. Magic also posted gains of 7.8%, priced at $0.16 and valued at $50.5 million. Liquity (LQTY) increased 7.2%, trading at $1.14 with a market cap of $111.2 million.
Sei, Aethir (ATH), and Alex Lab (ALEX) rounded out the list of daily gainers with more rises. Sei advanced 6.9% to $0.22, maintaining the highest market capitalization among the group at $1.2 billion. Aethir increased 5.9%, trading at $0.035 and holding a market value of $346.2 million. Alex Lab gained 5.1%, priced at $0.017 with a market capitalization of $17.5 million.
These cryptocurrencies are actively traded on major exchanges, including Binance, Coinbase, and Bybit. Their presence on leading platforms guarantees adequate liquidity and accessibility for traders and investors. The wide range of market capitalizations—from $17.5 million for Alex Lab to $1.2 billion for Sei—highlights diversity in project scale and investor interest.
AUTHOR
Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team.
World Mobile Token has developed by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to boost cross-chain token exchange and staking. This integration across multiple blockchains, including Ethereum, BNB Chain, Base, and Arbitrum, makes user transactions smooth.
World Mobile ensures secure and reliable cross-chain operations, benefiting from CCIP’s security features and risk management protocols. Chainlink shared this strategic integration with Chainlink (LINK) through its official X account.
Expanding Secure Cross-Chain Transfers with Chainlink CCIP Chainlink CCIP introduces arbitrary messaging capabilities, further streamlining the cross-chain process. This allows the World Mobile Token (WMT) network to offer simplified, secure staking across different chains. Consequently, users can stake on one chain and receive rewards on another, improving overall functionality.
World Mobile selected CCIP due to its proven track record of reliability in the Web3 industry. Chainlink’s CCIP is built with an independent Risk Management Network, which monitors cross-chain activities for suspicious behavior. This added layer of protection is crucial, given the exposure historically seen in the cross-chain sector.
Strengthening the World Mobile Ecosystem Chainlink’s integration brings several critical features to the World Mobile ecosystem. The CCIP Token Transfer solution allows audited token pool contracts to manage minting, locking, and burning tokens, creating an efficient and secure transaction system. Additionally, programmable token transfers enable data to be processed alongside tokens, streamlining developer transactions.
Moreover, CCIP is designed for future scalability. World Mobile Token’s decision to integrate CCIP ensures that new blockchain functionalities can be incorporated without costly upgrades or transitions. Hence, CCIP’s flexibility makes it the ideal solution for cross-chain operations.
This integration comes as World Mobile continues its mission to disrupt the telecom industry by offering decentralized mobile networks, focusing on underserved communities globally. By combining blockchain technology and sharing economy principles, World Mobile Token seeks to provide affordable and high-quality connectivity worldwide.
Chainlink CCIP is designed to be future-proof. It supports continuous updates, allowing World Mobile Token to adapt to new functionalities and blockchain networks. This future flexibility eliminates potential switching costs, making it a cost-effective and scalable solution for World Mobile Token’s growth.
World Mobile’s CEO, Micky Watkins, highlighted the importance of CCIP in securing their ecosystem, stating that it will enable staking across different blockchains while expanding the company’s offerings without compromising security.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
World Mobile Token ($WMT) has partnered with Fireblocks, an enterprise-grade digital asset management solution. This collaboration seeks to increase security on one of the WMT Migration Portal platforms, which started on September 30th, 2024.
🤝 We're delighted to announce our collaboration with @FireblocksHQ to bolster the security of the recently released Migration Portal.
🔐 Fireblocks' enterprise-grade platform is integral to providing a seamless and protected token migration process for our valued WMT holders.… pic.twitter.com/eNMxEBjqIS
— World Mobile Chain (@wmchain) October 4, 2024 The platform will make token migration safe and efficient so that token holders can shift from the Cardano-based WMT to the preferred ERC-20 WMTx token. This partnership plans to launch the token across the Ethereum, Base, and BNB Chains. WMT disclosed this strategic partnership to the crypto community through an X post.
Fireblocks Infrastructure Enhances Security Fireblocks ensure that WMT holders experience a seamless token migration. By leveraging Fireblocks’ advanced platform, World Mobile Token reinforces its commitment to providing users with a safe and efficient process for moving their assets.
According to Zachary Vann, Head of Token at World Mobile Token, the integration of Fireblocks signifies their dedication to ensuring the security and reliability of the migration process. Vann emphasized that the partnership allows token holders to migrate confidently, knowing their assets are protected throughout the process.
World Mobile Token’s Migration Portal Offers Flexibility World Mobile Token’s Migration Portal includes a bridge to Cardano, offering holders additional flexibility. This feature allows users to upgrade to the ERC-20 WMTx token while maintaining connections to the Cardano network. The expansion to multiple blockchains signals a significant milestone for WMT as it continues its mission to provide global connectivity through its decentralized mobile network.
Stephen Richardson, Managing Director of Financial Markets at Fireblocks, stated that the collaboration aligns with Fireblocks’ goal of delivering top-tier security for digital asset management. He added that Fireblocks is proud to support World Mobile Token’s expansion efforts and facilitate a secure migration for WMT holders.
The migration portal opening marks an essential phase in WMT’s expansion, underscoring the company’s dedication to security and user experience. The collaboration with Fireblocks ensures token holders can migrate their assets securely while supporting WMT’s growing ecosystem. This partnership highlights WMT’s commitment to setting a new standard for token migration, focusing on security and accessibility for its users.
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.
Cardano founder Charles Hoskinson has made another proposal for a Cardano-focused ecosystem treasury reserve, steering community reaction.
He has been persistently seeking ways to put the ecosystem’s dormant ADA treasury to work, with a suggestion in a July 8 X post becoming the latest proposition. Recall that he had earlier proposed using a portion of the stash to buy Bitcoin or a native stablecoin, teasing that it would boost Cardano DeFi and TVL.
New Proposal for Treasury Utility In the Tuesday tweet, Hoskinson sought the thoughts of the Cardano community on an ecosystem digital asset treasury containing ADA, Midnight, and the top 50 Cardano native tokens.
Notably, this proposal bears a resemblance to his initial suggestions, but this time, he has looked inward. Recall that his call to buy and hold Bitcoin as a treasury asset sparked widespread criticism, with skeptics alleging that a top 10 project has found solace in another major rival.
The proposal would see Cardano set up a treasury that includes the Midnight token and other high-ranking native tokens. Data from CoinGecko shows that some of the top Cardano ecosystems include SNEK meme coin, World Mobile Token (WMTYX), Liquid Finance (LQ), Minswap (MIN), and Indigo Protocol (INDY).
Top 50 Too Broad? Interestingly, the proposal started a community discussion as proponents shared their thoughts. Notably, a few users emphasized that the top 50 Cardano native tokens would encompass a lot of random tokens without intrinsic use cases.
A user stated that he is not a fan of using Cardano’s treasury to buy meme coins, while a few other reactions suggested that the proposal would be more productive if it focused on the top 20 or 25 Cardano-native tokens.
Comments On Hoskinson’s Proposal However, while a handful of the reactions supported the proposal or something similar, a few others disagreed. For instance, a user favored Hoskinson’s initial idea of a stablecoin investment, insisting that Cardano should fix its stablecoin liquidity issues.
Remarkably, Hoskinson’s proposals all aim at moving Cardano’s treasury from an unmanaged single-asset on-chain reserve to a multiple-coin off-chain treasury. He believes this would generate yield for the ecosystem and, in turn, boost reserves.
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.
Strong acceptance in the United States, Asia, and Africa, bolstered by over 60,000 AirNode hardware devices that link communities directly to its blockchain-powered network. Its native token, would be listed on the U.S.-regulated cryptocurrency exchange Kraken on September 4—the asset’s first listing on a U.S. exchange. The decentralized wireless network World Mobile has surpassed two million daily active users, marking a significant milestone in its goal to increase global connectivity. The accomplishment comes at the same time as the announcement that World Mobile Token ($WMTX), its native token, would be listed on the U.S.-regulated cryptocurrency exchange Kraken on September 4—the asset’s first listing on a U.S. exchange.
Strong acceptance in the United States, Asia, and Africa, bolstered by over 60,000 AirNode hardware devices that link communities directly to its blockchain-powered network, has contributed to World Mobile’s user base expansion.
World Mobile Chain (WMC) uses $WMTX as its native gas token and functions as an EVM-compatible Layer 3 that settles on Base, guaranteeing that each user transaction on-chain directly contributes to network activity.
Micky Watkins, World Mobile Group CEO stated:
“Surpassing two million daily active users on-chain is a testament to the power of our decentralized approach. This milestone proves that our vision for an open, fair, and inclusive telecoms network is not just possible, it’s happening now.”
More liquidity and access to the World Mobile ecosystem will be made available to customers worldwide with the impending $WMTX listing on Kraken. The multi-utility asset at the core of the DePIN-powered telecom solution is $WMTX, the gas token of the World Mobile Chain, which also drives staking. World Mobile also has a buyback program in place, utilizing subscriber money to finance purchases of $WMTX from the open market.
Watkins added:
“Kraken’s decision to list $WMTX adds to the momentum building behind World Mobile Chain following its mainnet launch, while paving the way for further partnerships and integrations that will extend its utility. It’s a validation of everything we’ve been working towards, and will bring an influx of liquidity and users to power the next phase of World Mobile’s growth.”
In addition to connecting with Token Terminal, which provides data to Bloomberg and Binance, World Mobile has already drawn significant partners, such as PwC and DITO. To further improve transparency for institutional and retail customers, the platform now provides a dedicated dashboard that lists $WMTX metrics and other on-chain data points.
World Mobile is at the vanguard of on-chain adoption thanks to its strategy of community-owned nodes and blockchain-enabled infrastructure, which is predicted by the World Economic Forum to grow the DePIN industry to $3.5 trillion in three years. In order to be ready for a complete permissionless launch soon, the business is now enrolling builders and partners to its developer mainnet.
With its Decentralized Physical Infrastructure Network (DePIN), World Mobile is transforming global connectiivty by enabling people and communities to build, maintain, and profit from telecom infrastructure using blockchain-driven financial incentives. Visit https://worldmobile.io to find out more.
Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.
PANews reported on November 19th that Coinbase announced the inclusion of World Mobile Token (WMTX) in its listing roadmap and disclosed its contract address on the Base network as 0x3e31966d4f81C72D2a55310A6365A56A4393E98D. Coinbase stated that the listing of this asset depends on market-making support and the availability of technical infrastructure; a separate announcement will be made once these conditions are met.
Author: PA一线
This content is for market information only and is not investment advice.
Sandisk's tokenized stock SNDK is now live on the Solana network.
According to official announcements, Sandisk’s tokenized stock SNDK has officially launched on Solana via Sunrise. SNDK is the tokenized stock representing SanDisk, the storage chip manufacturer. Users can now trade SNDK 24/7 through various wallets and applications within the Solana ecosystem, even when traditional stock markets are closed.
5 minutes ago
Jiang Zhuoer: This round of Bitcoin bear market may bottom out in Q4 2026, with a target range of $42,000 to $44,000.
BTC.TOP founder Jiang Zhuoer wrote in a post that Strategy’s modified net asset value (mNAV) has fallen to 0.72, near the 0.7 low hit in May 2022 during the last bear market. Citing recent market sentiment events including STRC’s depegging, he noted that mNAV is now in the bottom zone of this cycle. mNAV usually bottoms roughly six months before Bitcoin’s price. Using the "four-year cycle" and volatility decay model, Jiang projected that this Bitcoin bear market will likely bottom between October and December 2026, with a target price range of $42,000 to $44,000. He added that his recent medium-short term strategy remains focused on selling spot assets and holding short positions, and will switch to buying spot and going long once the expected bottom arrives.
5 minutes ago
The VIX Fear Index for the US stock market stands at 18.63 today, with fear sentiment intensifying in the crypto market.
According to Cboe data, the U.S. stock market's VIX Fear Index stands at 18.63 as of today, down 0.86 points from the prior reading of 19.49, marking a decline of approximately 4.41%. Separately, per Alternative data, the Crypto Fear & Greed Index is at 12 today (compared to 17 yesterday), indicating intensifying extreme fear sentiment.
5 minutes ago
Bank of Japan Board Member: Should Accelerate Pace of Interest Rate Hikes If Upside Inflation Risks Intensify
Bank of Japan (BOJ) Policy Board member Naoki Tamura stated that if upside risks to price growth intensify further, the BOJ should not hesitate to accelerate the pace of interest rate hikes or raise rates by a larger margin. He projected that the BOJ will implement interest rate hikes every few months until its policy rate reaches the neutral level of around 2%. (Golden Ten)
5 minutes ago
Crypto token M plunged over 80% in a short period, hitting a low near $0.5.
According to HTX market data, the token M saw a sharp short-term price plunge, with its decline once exceeding 80% and hitting a low of around $0.5, and is now trading at $0.54.
5 minutes ago
Blockchain data infrastructure firm Cambrian has closed a $6 million funding round, jointly led by Franklin Templeton and Polychain Capital.
Blockchain data infrastructure project Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, and other investors. The project previously raised a $5.9 million pre-seed round led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million. Cambrian currently provides institutional investors and AI Agents with real-time and historical data APIs covering on-chain yields, risks, lending markets, and trading activities, and plans to further build a verifiable data oracle network. Official data shows it has indexed over $4.5 billion in lending TVL, tracks more than 320,000 DEX liquidity pools, and currently supports Base and Solana, with plans to expand to additional ecosystems including Ethereum. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team recruitment.
Sandisk's tokenized stock SNDK is now live on the Solana network.
According to official announcements, Sandisk’s tokenized stock SNDK has officially launched on Solana via Sunrise. SNDK is the tokenized stock representing SanDisk, the storage chip manufacturer. Users can now trade SNDK 24/7 through various wallets and applications within the Solana ecosystem, even when traditional stock markets are closed.
5 minutes ago
Jiang Zhuoer: This round of Bitcoin bear market may bottom out in Q4 2026, with a target range of $42,000 to $44,000.
BTC.TOP founder Jiang Zhuoer wrote in a post that Strategy’s modified net asset value (mNAV) has fallen to 0.72, near the 0.7 low hit in May 2022 during the last bear market. Citing recent market sentiment events including STRC’s depegging, he noted that mNAV is now in the bottom zone of this cycle. mNAV usually bottoms roughly six months before Bitcoin’s price. Using the "four-year cycle" and volatility decay model, Jiang projected that this Bitcoin bear market will likely bottom between October and December 2026, with a target price range of $42,000 to $44,000. He added that his recent medium-short term strategy remains focused on selling spot assets and holding short positions, and will switch to buying spot and going long once the expected bottom arrives.
5 minutes ago
The VIX Fear Index for the US stock market stands at 18.63 today, with fear sentiment intensifying in the crypto market.
According to Cboe data, the U.S. stock market's VIX Fear Index stands at 18.63 as of today, down 0.86 points from the prior reading of 19.49, marking a decline of approximately 4.41%. Separately, per Alternative data, the Crypto Fear & Greed Index is at 12 today (compared to 17 yesterday), indicating intensifying extreme fear sentiment.
5 minutes ago
Bank of Japan Board Member: Should Accelerate Pace of Interest Rate Hikes If Upside Inflation Risks Intensify
Bank of Japan (BOJ) Policy Board member Naoki Tamura stated that if upside risks to price growth intensify further, the BOJ should not hesitate to accelerate the pace of interest rate hikes or raise rates by a larger margin. He projected that the BOJ will implement interest rate hikes every few months until its policy rate reaches the neutral level of around 2%. (Golden Ten)
5 minutes ago
Crypto token M plunged over 80% in a short period, hitting a low near $0.5.
According to HTX market data, the token M saw a sharp short-term price plunge, with its decline once exceeding 80% and hitting a low of around $0.5, and is now trading at $0.54.
5 minutes ago
Blockchain data infrastructure firm Cambrian has closed a $6 million funding round, jointly led by Franklin Templeton and Polychain Capital.
Blockchain data infrastructure project Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, and other investors. The project previously raised a $5.9 million pre-seed round led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million. Cambrian currently provides institutional investors and AI Agents with real-time and historical data APIs covering on-chain yields, risks, lending markets, and trading activities, and plans to further build a verifiable data oracle network. Official data shows it has indexed over $4.5 billion in lending TVL, tracks more than 320,000 DEX liquidity pools, and currently supports Base and Solana, with plans to expand to additional ecosystems including Ethereum. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team recruitment.
The cryptocurrency market is showing signs of resilience, with Bitcoin $60,983 maintaining a relatively stable position. While it’s premature to celebrate, the halt in the continuous decline over the past week is encouraging. Cryptocurrency exchanges are actively participating in the dynamics of the market through both delisting and listing activities. Among them, Coinbase is notably adopting an aggressive stance towards new listings.
Altcoin Listing AnnouncementAt the time this article was prepared, Coinbase announced new listings for Fluid (FLUID) and World Mobile Token (WMTX). The listings are set to go live tomorrow, contingent upon meeting the necessary liquidity requirements and will include USD trading pairs. Following this announcement, FLUID Coin experienced a 5% increase in its value, while WMTX is displaying a smaller yet ongoing rise.
Exploring Fluid and World Mobile TokenFluid (FLUID) represents a new generation of decentralized finance (DeFi) platforms that allow users to access credit, vault, and decentralized exchange (DEX) strategies from a single interface. Its liquidity layer features automatic limits and protocols for credit and vaults, enhancing user experience with diverse functionalities. Meanwhile, World Mobile Token (WMTX) aims to establish a decentralized mobile network, specifically targeting regions that are disconnected from the internet. This initiative seeks to provide global connectivity solutions.
Coinbase’s proactive approach towards altcoin listing reflects a broader trend of crypto exchanges embracing market opportunities. Such moves not only invigorate the market but also introduce new investment possibilities for crypto enthusiasts. As the crypto landscape evolves, the listing of promising altcoins can play a crucial role in shaping the future of decentralized financial systems.
With each listing announcement, the market anticipates significant shifts in trader behavior and market dynamics. For investors, timing their moves according to these changes is key to maximizing potential returns.
The evolving strategies of exchanges like Coinbase highlight their commitment to fostering a diverse and robust crypto ecosystem. By continuously updating their platforms with new tokens, exchanges enable a wider reach and adaptability within the expanding digital currency space.
In conclusion, as altcoins like FLUID and WMTX make their debut on major exchanges, the spotlight remains on their market performance and long-term impact on the global crypto landscape. Observing these developments can offer valuable insights into the direction of cryptocurrency trends and consumer interest.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Risk Disclosure: Guides, news, articles and analyzes on Bitcoinsistemi.com do not constitute investment advice. Keeping in mind that Bitcoin and cryptocurrencies are high-risk products, you should do your own research for each investment decision. Otherwise, you may come to the point of losing your entire investment. In this context, you should know that you are responsible for the losses that may arise from all your transfers and transactions.
Bitcoinsistemi.com is a news site, does not provide investment advice and does not recommend investing in any projects or digital assets. In this context, the content and content authors on Bitcoinsistemi.com cannot be held responsible for the investment decisions you make.
PANews reported on November 25th that Coinbase will launch spot trading for Fluid (FLUID) and World Mobile Token (WMTX), according to an official announcement. In supported trading regions, the FLUID-USD and WMTX-USD trading pairs will open on or after 01:00 Beijing time on November 26, 2025, provided liquidity conditions are met. Fluid (FLUID) and World Mobile Token (WMTX) will be available for trading on the coinbase․.com website, the Coinbase app, and the Coinbase Advanced platform. Institutions can trade Fluid (FLUID) and World Mobile Token (WMTX) directly through the Coinbase exchange.
Sandisk's tokenized stock SNDK is now live on the Solana network.
According to official announcements, Sandisk’s tokenized stock SNDK has officially launched on Solana via Sunrise. SNDK is the tokenized stock representing SanDisk, the storage chip manufacturer. Users can now trade SNDK 24/7 through various wallets and applications within the Solana ecosystem, even when traditional stock markets are closed.
5 minutes ago
Jiang Zhuoer: This round of Bitcoin bear market may bottom out in Q4 2026, with a target range of $42,000 to $44,000.
BTC.TOP founder Jiang Zhuoer wrote in a post that Strategy’s modified net asset value (mNAV) has fallen to 0.72, near the 0.7 low hit in May 2022 during the last bear market. Citing recent market sentiment events including STRC’s depegging, he noted that mNAV is now in the bottom zone of this cycle. mNAV usually bottoms roughly six months before Bitcoin’s price. Using the "four-year cycle" and volatility decay model, Jiang projected that this Bitcoin bear market will likely bottom between October and December 2026, with a target price range of $42,000 to $44,000. He added that his recent medium-short term strategy remains focused on selling spot assets and holding short positions, and will switch to buying spot and going long once the expected bottom arrives.
5 minutes ago
The VIX Fear Index for the US stock market stands at 18.63 today, with fear sentiment intensifying in the crypto market.
According to Cboe data, the U.S. stock market's VIX Fear Index stands at 18.63 as of today, down 0.86 points from the prior reading of 19.49, marking a decline of approximately 4.41%. Separately, per Alternative data, the Crypto Fear & Greed Index is at 12 today (compared to 17 yesterday), indicating intensifying extreme fear sentiment.
5 minutes ago
Bank of Japan Board Member: Should Accelerate Pace of Interest Rate Hikes If Upside Inflation Risks Intensify
Bank of Japan (BOJ) Policy Board member Naoki Tamura stated that if upside risks to price growth intensify further, the BOJ should not hesitate to accelerate the pace of interest rate hikes or raise rates by a larger margin. He projected that the BOJ will implement interest rate hikes every few months until its policy rate reaches the neutral level of around 2%. (Golden Ten)
5 minutes ago
Crypto token M plunged over 80% in a short period, hitting a low near $0.5.
According to HTX market data, the token M saw a sharp short-term price plunge, with its decline once exceeding 80% and hitting a low of around $0.5, and is now trading at $0.54.
5 minutes ago
Blockchain data infrastructure firm Cambrian has closed a $6 million funding round, jointly led by Franklin Templeton and Polychain Capital.
Blockchain data infrastructure project Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, and other investors. The project previously raised a $5.9 million pre-seed round led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million. Cambrian currently provides institutional investors and AI Agents with real-time and historical data APIs covering on-chain yields, risks, lending markets, and trading activities, and plans to further build a verifiable data oracle network. Official data shows it has indexed over $4.5 billion in lending TVL, tracks more than 320,000 DEX liquidity pools, and currently supports Base and Solana, with plans to expand to additional ecosystems including Ethereum. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team recruitment.
World Mobile Chain (WMC), a first purpose-built Layer 3 blockchain designed for decentralized physical infrastructure networks (DePIN) in the telecom industry, is pleased to announce the milestone achievement of World Mobile Token ($WMTX) on Binance. The primary purpose of this step is to enhance global access to $WMTX and lay the groundwork for World Mobile’s next phase of growth.
This step gives the $WMTX to broad level exposure, easier onboarding, and stronger market infrastructure. $WMTX is also available on many other prominent exchanges, including MEXC, Gate.io, KuCoin, Kraken, and Coinbase. The Binance exchange is serving millions of users across more than 180 countries, which offers unparalleled global access and liquidity. World Mobile Chain has released this news through its official social media X account.
$WMTX Listing on Binance Marks a Milestone for Decentralized Connectivity WMTX’s listing via Binance Alpha enhances accessibility for people who want to engage with a decentralized community-powered mobile network. The statistical report reveals more than 3 million daily active users, and over 100000 AirNodes have been deployed globally. These marvelous reflect real-world adoption at a meaningful scale that people depend on every day for necessary connectivity.
Micky Watkins, World Mobile CEO, expressed his thoughts. He said, “Listing WMTX within the Binance ecosystem represents an important moment for World Mobile. It expands global access to a network already operating at a planetary scale and highlights the progress our community has made in building decentralized connectivity across multiple continents.
World Mobile Scales Its Global Ecosystem with Binance Alpha The Binance Alpha listing helps in expanding participation in an ecosystem where decentralized infrastructure and daily joint ventures are tightly linked. World Mobile Chain selects famous exchange platforms for getting a seamless and secure entrance into the market. Moreover, CEO of World Mobile, Micky Watkins, said, “This listing represents another important step in expanding access to a network built by communities, for communities.”
This milestone reflects the growing momentum behind a model where communities help build and benefit from the network they rely on.” The basis of trust is ensured by listing on prominent exchanges, which helps in increasing network growth along with the global 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.
PANews reported on April 22 that Coinbase has announced that Meteora (MET), ArcBlock (ABT), Karrat (KARRAT), and World Mobile Token (WMTX) are now available to New York residents on coinbase.com and the Coinbase iOS and Android apps. Users can log in to buy, sell, exchange, send, receive, or store these assets. Coinbase, Inc. has obtained a virtual currency business license from the New York State Department of Financial Services.
The cryptocurrency market is continuing its sideways trading dynamic. After falling just above the $10,000 mark, Bitcoin has staged a small recovery, rolling back its weekend losses, currently staying at $10,300. See below for our full Bitcoin price analysis.
Cryptocurrency market dynamics since August 24. Source: Coin360 Altcoins are seeing a more depressing outlook, with few of the coins in the top-50 posting any gains.
Ontology rises on MovieBloc release The weekend brought good news to the Ontology community, as the release of a public beta for MovieBloc was announced. MovieBloc is an Ontology-based movie and content distribution platform – a kind of decentralized Netflix.
The price had a strong response to the event, peaking at $0.88, a 17% increase. It has since fallen to about $0.79, placing the total gain at little over 5%.
Ontology price dynamics. Source: CoinMarketCap The other notable outlier is BAT, which after the impressive run on Wednesday corrected by more than 7% over the weekend.
Nathan on Bitcoin Bitcoin has had a lively start to the new trading week as large moves across global financial markets appear to have made an impact on the price of the number one cryptocurrency. It remains to be seen if Bitcoin can hold onto today’s gains, given the heavy rejection from just above the $10,600 level earlier today.
After testing back towards its 100-day moving average over the weekend and finding no real selling interest, Bitcoin has traded as high as $10,650 this morning, before dropping back to the $10,200 level. At present, Bitcoin is managing to outpace most of the top altcoins in terms of intraday gains, while its overall market dominance has recovered back towards 69 percent.
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I would like to point out an interesting observation from a short-term technical standpoint for Bitcoin. The four-hour time frame is currently showing a bearish head and shoulders pattern, with a nine-hundred point downside projection.
The breakout point or the neckline of the pattern is currently found just below the $10,000 level, with the pattern remaining valid while price trades below the $10,985 level. This suggests an upcoming test of the $9,100 level, which would be a potential trend defining momentum for the BTC/USD pair if the pattern plays out to the downside.
*Technical analysis suggests that a sustained break below the $10,000 level is increasingly likely to lead to a test of the $9,100 support level.*
Bitcoin Sentiment Analysis Intraday bullish sentiment for Bitcoin has increased to 56.20%, according to data from TheTIE.io – while the long-term sentiment indicator has increased to 70.46% positive.
It is worth noting that intraday bullish sentiment has gradually been picking up through the day, despite the pullback in price from the $10,650 level.
UPSIDE POTENTIAL
Short-term bulls need to move price above the $10,700 to inspire confidence for another attempt at the $11,000 technical barrier. Key near-term resistance for the BT/USD pair is currently located at the $10,550 and $10,650 levels.
The daily time frame is showing that the 50-day moving average capped the latest rally, while the Ichimoku indicator on the mentioned time frame highlights that the $10,870 level is the strongest form of intraday technical resistance.
DOWNSIDE POTENTIAL
The Ichimoku indicator on the four-hour time frame suggests that sellers need to push price below the $10,280 level to regain short-term control. The previously mentioned head and shoulders pattern is also dominating the technical landscape across the lower time frames.
The $10,000 level is once again absolutely key this week, particularly daily price closes under the $10,000 to $9,900 technical confluence area. The downside can easily extend towards the $9,100 level if we start to see sellers gaining control under the $9,900 level.
Disclosure: This article was edited by Andrey Shevchenko. For more information on how we create and review content, see our Editorial Policy.
Breaking the Mold: MovieBloc x FUSA FILMS Special Exhibition
3 min read
Apr 17, 2026
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Discover 10 Provocative Shorts from the Radical French Distributor, FUSA FILMSFrom April 17th to April 30th, the global independent film platform MovieBloc is proud to host a special exhibition in collaboration with the innovative French distributor, FUSA FILMS. This showcase features a curated selection of 10 works that stand at the forefront of cinematic experimentation, boldly rejecting the standardized formulas of mainstream cinema.
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🎥 Meet the Partner: The Philosophy of FUSA FILMS“From Untold Stories to Audiences”
Founded in France in 2022, FUSA FILMS has rapidly emerged as one of the fastest-growing distributors in the European genre film scene. The organization is led by Yan Berthemy, a 22-year-old visionary who studied film at Sorbonne Nouvelle University and founded the Giallo Film Festival.
FUSA FILMS is a credible partner officially listed under Unifrance (an agency under the French Ministry of Culture). Guided by the slogan “Short, Disruptive, and Demanding,” they curate only the most daring works. This uncompromising approach led to over 100 international film festival entries within just one year of launch, securing distribution deals with major global platforms like Canal+ and Amazon Prime Video.
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🎬 Featured Lineup: Genre Thrills and SuspenseThe exhibition presents 10 short films defined by bizarre imagination and tightening suspense. Here are the key highlights you shouldn’t miss:
1. Stella Anyways — [MovieBloc Exclusive] Available only on MovieBloc! This dreamlike sci-fi fantasy begins with Stella’s unsettling confession: she is in a relationship with a mysterious person who has no real identity, no phone, and exists only under an alias.
2. ARCHIVE_DPT Secret VHS tapes from “DPT 53s” — an organization that officially never existed — are unearthed. This mystery piece, featuring eerie video records of studies on “high-risk subjects” filmed between 1985 and 1996, delivers the essence of analog horror.
3. Morto Rossa A dancer’s audition unfolds in a mystical, chilling atmosphere. It follows the story of Susie, the protagonist chosen after a grueling competition, as she faces a narrative of twisted desire.
4. The Garden of Klingsor A dark fantasy epic depicting the confrontation between Lilith, a forest fairy trapped in a magical castle, and a fallen wizard. The process of Lilith reclaiming her nature and restructuring the castle’s order offers a visually stunning and immersive experience.
Breaking Boundaries: [FIDMarseille x MovieBloc Showcase]
2 min read
Apr 29, 2026
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Bringing the Artistic Inspiration of Marseille directly to your screen.Defying cinematic conventions and embracing experimental perspectives that transcend genres — the Marseille International Film Festival (FIDMarseille), a leader in the global independent film scene, has partnered with the global platform MovieBloc.
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Out of thousands of submissions each year, only about 50 are selected through a rigorous curation process. We now open the doors to the [FIDMarseille x MovieBloc Showcase], featuring the very essence of this prestigious festival.
Why Marseille, Why Now?This showcase is more than just a collection of films. The lineup consists of five standout works from 2023 to 2025, handpicked by Artistic Director Cyril Neyrat. These films embody the most burning questions of contemporary cinema.
“The films in this selection represent an expansion of what cinema can show. I hope the Korean audience feels a deep resonance through these works and joins us in reflecting on the questions they pose.” > — Cyril Neyrat, Artistic Director of FIDMarseille
The highlight of this showcase is the unprecedented opportunity to watch the Grand Prix winners of the Short Film Competition from three consecutive years in one place. This is a rare occasion, offering a definitive look into the aesthetic evolution of modern short films.
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ABORTION PARTY (2025 Grand Prix): A provocative narrative hidden behind the facade of vibrant animation.A Circle That Rolled Away (2024 Grand Prix): An awe-inspiring one-take technique capturing the vivid energy of Buenos Aires.Two Giants That Exist Here (2023 Grand Prix): A sharp dissection of social absurdities through the lens of a traditional folktale style.Control Anatomy (Special Mention): A piercing archival film that deconstructs the history of violence through recorded memory.Dead Tongue (Special Mention): A masterpiece that visualizes the fragments of tragic history through the unique aesthetics of film stock.Event DetailsRunning for just two weeks, this showcase offers more than just screenings. We are exclusively releasing behind-the-scenes interviews, where directors personally share their creative intentions. We invite you to explore the hidden layers of cinema through the voices of the creators themselves.
Period: April 29 (Wed) — May 13 (Wed), 2026Platform: MovieBloc Official Website & Mobile AppFor those who seek a moment of cinematic reflection beyond mere viewing, we invite you to immerse yourself in the deep artistic ambiance of Marseille.
[📽️ Visit the FIDMarseille Showcase] https://www.moviebloc.com/event/FIDM2026
