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.
5 minutes ago
Whale 0xbilly pulled off another "buy high, sell low" move, exiting with a $220,000 loss in a single day.
According to EmberCN’s monitoring, whale address 0xbilly liquidated 2,409 ETH in the early hours of today when ETH fell to around $1,569.5, worth approximately $3.78 million, with a total loss of roughly $220,000. Notably, this batch of ETH was purchased just one day ago for about 4 million USDC, at an average price of approximately $1,660.2. The address also previously bought 7,768.5 ETH at a high of $2,254 in March this year, valued at around $17.51 million, and exited via stop-loss four days later, incurring a loss of roughly $800,000.
5 minutes ago
Two whales opened a short position worth approximately $90 million on the S&P 500.
According to monitoring by Onchain Lens, two whale addresses are building short positions on the S&P 500, with a combined position of approximately $90 million. Details are as follows: Whale address "0x469" has opened 6,500 S&P 500 short positions, using 20x leverage, valued at around $48 million, with a liquidation price of $8,413.66. Whale address "0x4ff" has opened 5,686.66 S&P 500 short positions, using 7x leverage, valued at around $42 million, with a liquidation price of $8,358.13.
Bitcoin (BTC) $60,983 trades below its support level, priced at $87,800 as U.S. markets open. James Bull explains why interest rate cuts are causing declines in cryptocurrencies. Meanwhile, Quinten points out the most significant shark activity in 13 years. What’s happening in the crypto market?
Interest Rate Cuts and Cryptocurrency DeclinesIn today’s assessment, James remarks that interest rate cuts undermine the profitability of the Japanese Yen Carry Trade, currently at an annual rate of 3.35%. While such cuts assist in long-term bullish tendencies, Japan has seen three interest rate hikes in the past two years, with another expected on Friday. The Federal Reserve’s rate decisions further erode profitability against Japan’s hikes, prompting declines according to the analyst.
“In the long run, they display an upward trend for global liquidity, yet create short-term uncertainty for the Japanese Yen Carry Trade. The most optimistic scenario is for rate cuts to appear on the horizon, but not occur for several months, reducing the risk of the carry trade ending.
Currently, with only two rate cuts planned for this year, we might be at the most suitable point for them, potentially lifting my altcoin portfolio. However, unforeseen events could entirely change this and lead to losses,” he adds.
A Historic Event in CryptocurrencyQuinten notes an unprecedented collection of Bitcoin by smaller whales, or “sharks” (wallets holding between 100 and 1,000 BTC), echoing a pattern from 13 years ago. While early adopters and short-term investors panic sell, these smaller entities accumulate at unmatched speeds, revealing the identity of buyers.
DaanCrypto mentions that BTC returned to levels from six months ago, significantly clearing liquidity. Currently, the largest liquidity cluster is set at $95,000, and BTC should move upwards, but news flow hinders this path.
Swissblock recently examined spot demand, offering insights into market conditions.
The analyst suggests that, due to seasonality, delayed liquidity, or lack of confidence in BTC, demand is not decisive, indicating the potential for consolidation to persist in current conditions. Thus, BTC might continue its mundane movements for a while longer.
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.
Japan’s 10-year government bond yields surged to 1.98% in December 2025, the highest level since the 1990s. It comes as markets braced for the Bank of Japan’s (BOJ) policy meeting on December 19.
The move has triggered a global rally in precious metals, with gold and silver surging 135% and 175%, respectively, since early 2023. Meanwhile, Bitcoin is under pressure as forced selling intensifies across Asian exchanges, highlighting a divergence in market reactions to Japan’s rate shift.
Japan’s Bond Yields Hit 1.98%For decades, Japan maintained near-zero interest rates, anchoring global liquidity through the yen carry trade.
Investors borrowed yen at a low rate to fund higher-yielding assets worldwide, effectively exporting ultra-low interest rates.
An expected 25-basis-point hike, raising the rate to 0.75%, may appear modest in absolute terms, but the pace of change matters more than the level.
BOJ Interest Rate Probabilities. Source: Polymarket “Carry trade at risk: Nobody knows when the real consequences will materialize, but this continued shift will likely drain liquidity from markets, potentially causing a ripple effect through margin calls and other forced deleveraging,” warned Guilherme Tavares, CEO at i3 Invest.
Analysts see the BOJ move as more than a domestic adjustment.
“When Japan’s yields move, global capital pays attention. Gold and silver aren’t reacting to inflation headlines. They’re pricing sovereign balance sheet risk. Japan isn’t a sideshow anymore. It’s the fulcrum,” noted Simon Hou-Vangsaae Reseke.
Gold and Silver Prices Surge Amid Rising Sovereign RiskPrecious metals have been closely tracking Japanese yields. According to Global Market Investor, gold and silver are moving almost perfectly in line with Japanese government bond yields. This suggests that precious metals are being used as a primary hedge against the rising cost of government debt.
Gold and Silver Prices Tracking Japan’s 10Y Bond. Source: Global Markets Investor on X “It’s not the yield itself, it’s what the move represents — rising sovereign risk, tighter global liquidity, and uncertainty about currency credibility. Gold responds as protection, and silver follows with more volatility,” commented analyst EndGame Macro.
The silver market is showing signs of speculative mania. The China Silver Futures Fund recently traded 12% above the physical metal it tracks, indicating that demand for leveraged exposure is outpacing the underlying asset.
⚠️ Silver market mania is an UNDERSTATEMENT:
The China Silver Futures Fund was trading +12% above the actual value of the silver it is supposed to track
Investors are buying the fund much faster than the silver behind is rising, a sign of SPECULATION. 👇https://t.co/8kAngXV9CH
— Global Markets Investor (@GlobalMktObserv) December 17, 2025 Investors are increasingly treating gold and silver as hedges against broader macro risks, rather than just inflation.
Bitcoin Faces Pressure as Carry Trades UnwindMeanwhile, the Bitcoin price is feeling the strain of tightening yen liquidity.
“Asia-based exchanges have seen persistent spot selling. Miner reserves are falling — forced selling, not choice…Long-term Asian holders appear to be distributing…Price stays heavy until forced supply is cleared,” wrote CryptoRus, citing XWIN Research Japan.
US institutions continue buying, with the Coinbase Premium positive, but forced liquidations in Asia and an 8% drop in Bitcoin hashrate have added downward pressure.
Bitcoin Price and Coinbase Premium. Source: CryptoQuantPast BOJ rate shifts have coincided with significant BTC declines, and traders are watching closely for further downside toward $70,000.
THE BANK OF JAPAN MIGHT BE BITCOIN’S BIGGEST ENEMY
Japan holds the most US debt.
Every time they hike, Bitcoin bleeds:
March 2024: -23%
July 2024: -30%
Jan 2025: -31%
Next hike: Dec 19
Next move: loading…
If the pattern repeats, $70K is in play. pic.twitter.com/R5916R702I
— Merlijn The Trader (@MerlijnTrader) December 14, 2025 The contrasting reactions of precious metals and Bitcoin highlight differences in risk positioning. Gold and silver are attracting safe-haven flows amid growing sovereign risk, while Bitcoin faces liquidation-driven price pressure.
Analysts note that future Fed rate cuts may offset the BOJ’s impacts, but the speed of the policy change is crucial.
TLDR: Bitcoin avoided historical 23-30% crash despite BOJ hiking rates to highest level since 1995 era. Governor Ueda’s cautious commentary and gradual approach prevented panic selling seen in previous hikes. Yen weakness above 156 against USD signals carry trade remains intact, supporting risk asset prices. Bitcoin successfully decoupled from Japanese monetary policy, trading on fundamentals rather than liquidity.
Bitcoin maintained its position around $87,000 following the Bank of Japan’s December rate hike, defying historical patterns that previously triggered sharp declines.
The cryptocurrency’s stability marked a departure from past reactions to Japanese monetary policy shifts.
Market participants observed minimal volatility despite pre-hike concerns about potential carry trade unwinding. The BOJ’s dovish messaging alongside the 25 basis point increase provided reassurance rather than panic.
BOJ’s Dovish Approach Prevents Market Panic The Bank of Japan raised rates to 0.75%, reaching the highest level since 1995. Governor Ueda’s commentary emphasized caution regarding global uncertainties and avoided committing to future hike timelines.
This approach contrasted sharply with previous rate adjustments that sent shockwaves through crypto markets.
Historical data showed concerning precedents for Bitcoin holders. The March 2024 end to negative rates resulted in a 23% drop. July 2024’s surprise hike triggered a 25% decline.
January 2025’s follow-up adjustment caused a 30% crash. These patterns created widespread fear around December’s anticipated move.
The market had priced in the hike with 98% certainty through prediction markets. Crypto analyst David noted that the BOJ successfully conveyed a message of gradual policy adjustment.
Bitcoin Resilience at $87K as the Carry Trade Threat Fizzles
History
Going into December, the historical precedent was terrifying. The Bank of Japan (BOJ) was poised to hike rates to 0.75% the highest level since 1995. For Bitcoiners, "BOJ Hike" had become synonymous with… pic.twitter.com/dvwItZvIKg
— David 🇺🇸 (@david_eng_mba) December 19, 2025
The central bank’s “wait and see” stance prevented the panic correlation that previously linked Bitcoin to yen movements during shock events.
Currency Dynamics Support Risk Assets The yen weakened following the rate announcement, with USD/JPY pushing above 156. This currency movement signaled the absence of a liquidity squeeze that traders had feared.
The carry trade structure remained intact as borrowing costs stayed manageable for investors holding leveraged positions.
Bitcoin’s correlation to the yen proved negligible during normal market conditions. Only shock events historically triggered strong correlations between the assets.
The dovish messaging prevented such shock conditions from materializing. Market participants interpreted this as a “sell the rumor, buy the news” scenario in reverse.
The current US macroeconomic backdrop differs substantially from 2024’s recession fears. Stable economic conditions provided additional support for risk assets like Bitcoin.
The cryptocurrency traded on its own fundamentals rather than serving as a liquidity proxy for Japanese monetary policy. This decoupling represented a material shift in market dynamics.
The carry trade risk remains dormant rather than eliminated entirely. Bitcoin’s resilience depends on continued yen weakness and gradual BOJ policy adjustments.
Three factors contributed to the positive outcome: telegraphed policy moves, weak yen supporting risk appetite, and stable broader market conditions supporting asset valuations.
Bitcoin currently trades near $87,000 with the bull market trajectory intact. The cryptocurrency successfully navigated one of 2025’s major macro headwinds.
Market observers will monitor whether this decoupling persists through future policy adjustments. The outcome demonstrated Bitcoin’s growing maturity in handling traditional financial market pressures without succumbing to historical correlations.
Discussion around a possible Ripple IPO in 2026 and potential impact on the XRP price has picked up after Investing Visuals ranked major private companies by estimated valuation.
Specifically, the presentation places SpaceX at the top with a projected value of $1.5 trillion. OpenAI follows at $830 billion, while ByteDance stands at $480 billion. Anthropic comes in at $230 billion, Databricks at $160 billion, and Stripe at $120 billion.
Projected Ripple IPO at $50B Meanwhile, Revolut holds an estimated valuation of $90 billion, with Shein at $55 billion. Notably, Ripple comes in next at $50 billion, matching Canva at the same level. Together, these companies account for a combined valuation of roughly $3.6 trillion.
Potential Largest IPOs | Investing Visuals If Ripple goes public at a $50 billion valuation, it will likely rank as the ninth-largest IPO of 2026. This figure also exceeds Ripple’s most recent private valuation. For context, in Q4 2025, Ripple completed a $500 million funding round that valued the company at about $40 billion. A move to $50 billion would represent a 25% increase.
Importantly, an IPO of that size would raise questions about XRP’s price outlook. While Ripple operates as a company and XRP exists as a separate digital asset, the markets have often linked the two.
Specifically, when Ripple expands partnerships, gains regulatory clarity, or attracts institutional attention, XRP sentiment typically picks up. To understand how a $50 billion IPO could affect XRP, we asked Google Gemini for an assessment.
XRP Price if Ripple IPOs at $50B Google Gemini called 2026 a year when Ripple’s corporate growth and XRP’s market performance could become more connected, especially for institutional investors. With the assumption that Ripple lists publicly at a $50 billion valuation, Gemini presented a hypothetical price range for XRP.
According to Gemini, a public listing would represent Ripple’s move from a long-standing private company to a major public one.
While XRP does not represent ownership in Ripple, the token benefits from activity within Ripple’s ecosystem. Increased visibility from an IPO could bolster confidence in Ripple’s technology and, by extension, support demand for XRP.
XRP Price Prediction if Ripple IPOs at $50B | Google Gemini In this scenario, Gemini suggested a bullish XRP price range between $8 and $15. One major factor behind this prediction is institutional sentiment. At present, XRP trades largely on retail demand and its role in cross-border payments.
A successful IPO could send a message to traditional finance that Ripple’s business model has matured. Gemini pointed out that some institutional analysts, including Standard Chartered, have already mentioned $8 as a possible XRP target for 2026, assuming steady ETF inflows and lower regulatory risk.
Ripple Executives Downplay the Urgency of an IPO Despite these projections, Ripple executives have consistently downplayed the urgency of an IPO. CEO Brad Garlinghouse said in a July 2024 Fortune interview that going public represents only one step in Ripple’s journey, not a final goal.
In March 2025, Garlinghouse told Bloomberg that an IPO was not a major priority, noting that Ripple continued to grow without needing public capital. Moreover, he also mentioned to Bloomberg that Ripple currently focuses on acquiring firms, not pursuing a public offering.
Ripple President Monica Long has suggested the same. In an April 2025 CNBC interview, she confirmed that Ripple had no plans to go public in 2025, pointing to billions of dollars in cash reserves. Later, at the Swell conference in New York in November 2025, she told Bloomberg that Ripple had no IPO plan and no timeline.
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.
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
Has Also Written
Last updated:
January 6, 2026
Bitcoin nudged higher toward $93,000 on Tuesday as Asian equities pushed deeper into record territory, picking up Wall Street’s momentum after energy and financial shares helped lift the Dow Jones Industrial Average to a fresh all-time high.
Traders kept one eye on Venezuela after a US weekend operation captured President Nicolás Maduro, a jolt that initially boosted oil and energy stocks, then faded into the background as markets refocused on the week’s macro calendar.
Market snapshot
Bitcoin: $93,787, up 0.9% Ether: $3,220, up 1% XRP: $2.40, up 12.1% Total crypto market cap: $3.29 trillion, up 1.4% Oil Pulls Back As Traders Weigh Venezuela Risks And Next US StepsOil cooled after Monday’s jump. Brent slipped $0.19 to $61.57 a barrel and West Texas Intermediate eased $0.22 to $58.10 as traders weighed what Washington’s next steps could mean for Venezuelan crude flows over time.
President Donald Trump said he would put Venezuela under temporary American control and warned he could order another strike if the country does not cooperate with US efforts to open up its oil industry and curb drug trafficking.
In equities, the rally broadened across Asia. MSCI’s index of Asia Pacific shares outside Japan rose again, Japan’s Topix hit a record, and Hong Kong and mainland Chinese stocks added to gains as investors leaned into the same risk bid that carried US benchmarks higher overnight.
Wall Street set the tone overnight, closing higher as financial stocks powered the Dow Jones Industrial Average to an all-time high and energy firms rallied after a US military strike captured Venezuelan President Nicolás Maduro.
Investors bet Washington’s move could unlock access for US companies to Venezuela’s vast oil reserves, and Trump’s administration plans to meet oil executives this week to discuss boosting production.
The gains capped a third straight year of double-digit advances for major US indexes, a streak last seen in 2021.
Markets Juggle Calm FX With Busy Commodities And CryptoCurrencies told a calmer story. The US dollar held steady ahead of Friday’s jobs report after a sharp intraday swing a session earlier, when weaker factory data pulled the rug from under a short-lived dollar pop.
Commodities stayed busy even without a new shock. Copper set a record amid disruptions in Chile, and gold hovered near all-time highs at about $4,449 an ounce, keeping the hedge trade in the conversation as geopolitics stays unpredictable.
Crypto traders largely treated the Venezuela headlines as another catalyst for positioning rather than a thesis on its own.
Some analysts also linked the Venezuela story to mining economics through energy.
“Cheaper and more abundant energy would improve miner margins globally and could unlock a new phase of mining expansion, particularly in regions able to secure long-term power contracts,” Bitfinex analysts said.
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update.
ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close in preparation for the migration to FET.
Additionally, the delisting process from crypto exchanges would begin for the two tokens. Meanwhile, FET would continue to trade as usual, with spot and perpetual trading continuing under the same tricker.
The initial phase of the merger aims to “onboard exchanges and data aggregators for a smooth transition.” Fetch.AI saw a rebrand across platforms. The project took the Artificial Superintelligence Alliance name and logo but kept its ticker.
Moreover, the ASI alliance opened a migration platform on the SingularityDAO dApp to help users migrate their tokens. Some crypto exchanges, including Kraken and Coinbase, revealed they would not support customers on the ASI token merger.
Kraken announced that the trading of OCEAN and FET will continue to be supported on the platform until further notice. The exchange also noted that users must withdraw their tokens to a self-custodial wallet to migrate them.
Similarly, Coinbase informed its users that it chose to “not execute the migration of these assets on behalf of users.” Both exchanges also clarified they would not support the eventual migration from FET to ASI.
FET Retraces Following Rebrand After updating the token’s name, supply, and market capitalization, FET flipped Render (RNDR) in the AI tokens sector. According to CoinMarketCap data, the token is now the 27th largest cryptocurrency by market cap, with $3.38 billion.
Following the rebrand, FET’s price dropped similarly to when the token merger delay news was released. At the time, the merging tokens saw an 8-10% price decline following the rescheduling of the merger. The delay was attributed to logistical and technical issues.
FET fell from the $1.4 support zone on Monday to $1.27, a 9.7% drop in 12 hours. However, the AI token has recovered the $1.3 mark, currently trading at $1.33, representing a 3.6% decline in the last 24 hours.
Some market watchers found this performance disappointing. Some investors believe it might be best not to get involved until the merger is completed. Sjuul Follings, crypto trader and founder of Alt Crypto Games expressed his disappointment with the token’s recent fakeout.
Per the trader, he was optimistic about the late June price action, believing the token was about to break out and expand ahead of the ASI alliance. Nonetheless, FET could not reclaim the $1.8 support zone and retraced to the $1.4 support level over the weekend.
Despite the bearish trend, investors remain optimistic about the token’s future as the merger’s phase 1 is only starting. Some investors forecast a short-term price target of $5 for ASI and a long-term goal of $13.
FET is trading at $1.33 in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
SingularityDAO, a decentralized portfolio management protocol and Cogito Finance have teamed to include Real World Assets (RWA) into their forthcoming AI-driven v2 DynaVaults, which will merge DeFi and TradFi by developing both compliant and cutting-edge onchain solutions.
Tokenized RWAs from Cogito are backed 1:1 by the underlying asset and are issued as ERC-20 tokens that are released on Ethereum (Optimism, Arbitrum, Base, and Polygon). All off-chain transactions are carried out on the blockchain for transparency, including the daily NAV (Net Asset Value). These calculated metrics are also shown on the dashboard, allowing customers to quickly determine the value of their portfolio.
SingularityDAO’s AI-driven portfolio management protocol will enable secure digital management while increasing access to tokenized RWAs by integrating Cogito’s flagship products. Top players in the cryptocurrency space are showing interest in RWA tokenization, one of the DeFi ecosystem’s fastest-growing sectors. Some analysts believe this sector’s potential is greatly underutilized.
Cogito offers low-risk investment options with high liquidity, stability, and maturities ranging from 0 to 3 months in its Tokenized U.S. Treasury Bills, or TFUND. XFUND, a diverse portfolio aimed at high-growth industries in technology and artificial intelligence, and GFUND (Green Bonds), a medium-risk investment focused on financing environmentally beneficial projects, supplement TFUND. These investments are in line with the rising need for sustainable finance.
Leading AI-enabled asset management solutions in the DeFi market are provided by SingularityDAO, while Cogito’s offerings, which include tokenized US Treasury Bills, increase the accessibility and liquidity of conventional assets onchain. SingularityDAO and Cogito Finance will provide dynamic vaults that give DeFi customers new methods to obtain yield produced from TradFi assets by combining their technology and knowledge base.
Mario Casiraghi, Artificial Superintelligence Alliance Executive & SingularityDAO Co-founder, said:
“The integration of Cogito Finance extends SingularityDAO’s goal of provisioning access to open finance. As TradFi and DeFi converge, the missions of SingularityDAO and Cogito align synergistically. Cogito’s innovative RWA framework plays a crucial role in this. By integrating our products, we can deliver a more holistic proposition to end users, marking a significant leap forward in the financialization of Web 3.0 for the benefit of all, as well as the broader ASI ecosystem.”
Cloris Chen, CEO of Cogito Finance, added:
“This integration perfectly blends the strengths of both companies in a holistic onchain financial solution. By integrating Cogito’s tokenized products into SingularityDAO’s cutting-edge AI-driven portfolio management system, we are bringing institutional-grade, low-risk, and sustainable investment options to a broader audience in the blockchain space. SingularityDAO’s expertise in decentralized financial access will ensure a truly permissionless approach, which perfectly aligns with Cogito’s mission to make tokenized RWAs more accessible, secure, and efficient for all market participants, whilst setting new benchmarks for regulated DeFi solutions.”
For DeFi investors, SingularityDAO’s portfolio management vaults provide the best-in-class solution since they are based on cutting-edge AI and machine learning algorithms that generate high-quality yield and effectively control counterparty and credit risk. Regulated onchain vaults will increase real world asset returns and improve investor accessibility, security, and compliance with DeFi. By establishing new benchmarks for safe and effective asset management systems, this integration seeks to accelerate the use of blockchain technology in the financial industry.
A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.
SingularityDAO, Cogito Finance, and SelfKey unite under a new project focused on tokenizing the artificial intelligence economy. The resulting “Singularity Finance” aims to create a Layer-2 network that facilitates the tokenization of assets such as GPUs while offering AI-powered financial tools.
Establishment of Singularity Finance through a Triumvirate MergerThe merger plans of SingularityDAO, Cogito Finance, and SelfKey have garnered significant attention in the industry. The new structure, named Singularity Finance, will rebrand SelfKey’s existing token KEY to the new token SFI. Additionally, SingularityDAO’s SDAO token will convert to SFI at a rate of 1:80,353, while Cogito Finance’s CGV token will convert at a rate of 1:10.89.
The conversion rate may vary following discussions with stakeholders.
Towards a Structure Similar to SingularityNETThis merger recalls a significant move previously made by SingularityNET. In June, SingularityNET joined forces with other AI-focused projects like Fetch.ai and Ocean Protocol to launch the Artificial Superintelligence Alliance (ASI) token. Now, SingularityDAO, emerging from the same ecosystem, draws attention with a similar consolidation initiative.
The announcement of Singularity Finance highlighted its vision for developing tokenized asset management and AI-enhanced financial solutions. This merger is expected to create substantial impacts within the AI-driven cryptocurrency ecosystem.
The innovations this new project will bring to the sector and the future roadmap of Singularity Finance are eagerly followed by enthusiasts and tech aficionados.
Following the news, the main network asset of SingularityDAO, SDAO, saw its price rise by over 10%. As of the news preparation, the altcoin traded at $0.3215, reflecting an increase of 11.52%. The main network assets of Cogito Finance and SelfKey, CGV and KEY, also experienced increases, with CGV rising by 18.65% and KEY by 11.93%.
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.
PANews reported on September 3rd that according to the official announcement, Binance decided to stop trading and delist the following currencies at 11:00 on September 17, 2025 (GMT+8): BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF).
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
PANews reported on September 4th that Hifi Finance, regarding the delisting of its HIFI token from Binance , officially stated that the team learned of the news at the same time as others and expressed regret. The team is currently focused on using existing resources to maintain critical infrastructure, continue to fulfill existing obligations, and support the community. While many may question whether the project is a scam or fraudulent, these claims are unfounded. So far, there are no constructive suggestions to offer, and the team will continue to focus on matters under their control.
Coingecko data shows that the HIFI token is currently trading at $0.06437, down 29.4% in the past 24 hours.
Three low-cap altcoins slated for delisting by the world’s largest exchange, Binance, experienced sharp price surges on September 10.
BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF) initially plummeted following the delisting notice but rebounded dramatically today, defying expectations amid heightened volatility.
BAKE, HIFI, and SLF Prices Rise: Here’s Why?On September 3, BeInCrypto reported on Binance’s decision to cease trading support for these tokens effective September 17. The exchange cited routine reviews and compliance requirements, explaining that these assets no longer met its listing standards.
“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,” Binance stated.
The announcement initially battered prices. BAKE fell 20.26%, SLF dropped 25.27%, and HIFI declined 7.36%. This reflected investor panic over reduced accessibility and liquidity on Binance, which remains the largest crypto exchange by volume.
However, the story took an unexpected turn today. All three tokens saw synchronized price surges during early Asian market hours. Moreover, they peaked around the same time before modest corrections set in.
The biggest mover of the trio, BAKE, rose from $0.036 to $0.11. This represented a 205.5% appreciation. Even after correcting to $0.10, it maintained gains of 177%.
SLF followed, climbing from $0.024 to $0.050, a 108.3% rise. By press time, the altcoin had stabilized at $0.038, up by approximately 58%.
Lastly, HIFI gained more modestly. The coin advanced from $0.058 to $0.094—a 62.1% increase. After pulling back, it traded at $0.080, marking a 35.4% appreciation.
BAKE, SLF, and HIFI Price Rises Today. Source: TradingViewNotably, the majority of the trading activity for all three tokens originated from Binance. CoinGecko data showed that BAKE’s daily trading volume skyrocketed by 2,541.2% to $269.54 million in the past 24 hours. Binance pairs were the clear leaders, with BAKE/USDT accounting for 38.53% of trades and BAKE/TRY for 19%.
SLF saw its volume surge 658.50% to $56.15 million. Again, Binance trading pairs dominated. The SLF/USDT pair captured 30.23% of the activity, while SLF/TRY commanded an even larger 38.61%.
HIFI posted a 648.8% rise in trading volume, reaching $44.38 million. The HIFI/USDT pair on Binance accounted for nearly 43% of this total.
Analysts Warn of ‘Exit Liquidity’The synchronized timing of the price jumps and pumped volumes has raised questions about what’s driving the sudden surge. Crypto analyst Wise Advice noted on X that short positions—bets against the tokens—combined with low liquidity, triggered violent upward pressure as shorts covered amid rising prices.
Another analyst claimed that the same manipulative group is orchestrating a pump-and-dump for all three tokens. The rise in BAKE, SLF, and HIFI mirrors patterns observed with Alpaca Finance (ALPACA).
BeInCrypto highlighted that the token’s value quadrupled after a Binance delisting announcement. Nevertheless, ALPACA plunged afterward, with the losses amplified by Alpaca Finance’s closure.
Thus, despite today’s rally, the long-term prospects for BAKE, SLF, and HIFI remain uncertain. Once delisted from Binance, these tokens will lose their most liquid marketplace and be forced to rely on smaller exchanges. Historically, assets in similar situations have struggled to maintain visibility and investor interest after being removed from major platforms.
Efinity and Casper Network led altcoin gains with strong trading volume on MEXC and Bitget. Sector-specific tokens in gaming, NFTs, AI, and privacy recorded major price increases. Altcoins outperformed Bitcoin’s stability as investors focused on blockchain innovation projects. According to data released by Phoenix Group, the crypto market recorded a large rally on April 28, 2025, with several altcoins posting daily gains. Investors displayed renewed sector-specific interest in blockchain gaming, NFTs, scalability projects, AI initiatives, and privacy tokens. Trading volumes across key exchanges reflected increased engagement as altcoins outpaced Bitcoin’s relative stability.
Efinity (EFI) led the list of top gainers with an 80.8% increase, pushing its price to $0.21. The token’s market capitalization rose to approximately $301.8 million. A large portion of EFI’s trading volume was registered on MEXC Exchange. The price movement corresponded with broader interest in gaming and NFT-related blockchain ecosystems, sectors that have shown recurring trading spikes throughout 2025.
Casper Network (CSPR) ranked second among daily gainers, climbing 62.2% to trade at $0.11. By the end of the session, its market capitalization reached $213.3 million. Additionally, heavy trading activity occurred on Bitget, suggesting focused accumulation around scalable Layer-1 blockchain platforms. During the session, CSPR’s movement marked one of the highest single-day increases among infrastructure-focused tokens.
Function X, Supra, and Monero Record Significant Gains Function X (FX) posted a 44.3% daily gain, trading at $0.12 with a $101.6 million market capitalization. The token saw most of its trading activity on CoinEx. FX’s rise added to the day’s broader theme of investors seeking alternatives within decentralized ecosystems.
Supra (SUPRA) advanced 36.7%, pricing at $0.007 with a total market capitalization of $88.1 million. Trading activity for SUPRA was largely concentrated on Bybit. The gain positioned SUPRA among the leading smaller-cap tokens, showing increased momentum.
Monero (XMR), the largest token by market capitalization among the day’s top performers, rose by 34.5%. XMR closed at $308.38, expanding its market cap to $5.6 billion. KuCoin registered the highest volume of Monero trading for the day.
Pudgy Penguins’ PENGU Token Extends Uptrend Pudgy Penguins’ token, PENGU, climbed by 33.9%, reaching $0.80. The token’s market capitalization hit $836.5 million, driven largely by trading activity on BitMart. PENGU’s move reflected heightened interest among retail participants in NFT-linked tokens. Despite market fluctuations earlier in the month, PENGU maintained consistent momentum through April’s final week.
Other Top Gainers: BMT, ARC, GRIFT, and DEEP Many other tokens also received an increase in value throughout the day during the trading session. Some of the company’s mining stocks, including BubbleMaps (BMT), were up 31.2%, and AI Rig Complex (ARC) was up 26.6%. Orbit’s GRIFT token also gained 24.3%. DeepLock’s DEEP token also featured a 21.2% gain toward the bottom and was last at $0.21.
The market observed a more focused accumulation on particular sectors like finance, rather than the broad-based buying witnessed in the previous session on April 28. Most of the gains were seen in sectors involving technology, gaming, NFTs, Blockchain scalability, Artificial Intelligence, and privacy coins.
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.
Efinity (EFI) tops daily gainers with a 120.2% surge and $59M market cap spike. DeFi and infrastructure tokens post strong double-digit gains across major exchanges. Stellar leads large-cap risers as altcoin market sees renewed speculative trading volume. The crypto market recorded strong activity on July 13, 2025, with Efinity (EFI) leading daily gainers after a 120.2% surge. The token climbed to $0.73, raising its market capitalization to $59.0 million. The movement occurred as trading volumes increased on major exchanges, including KuCoin, where EFI maintains active listings.
EFI’s rise was the most among all altcoins tracked that day, reflecting renewed speculative attention in the token’s market. Data shows a growing concentration of trades and liquidity flow into mid-cap assets, with multiple tokens registering double-digit gains.
DeFi and Infrastructure Tokens Show Broad Strength Alpaca Finance (ALPACA) followed closely behind with a 95.0% daily increase. The token ended the session at $0.069, bringing its total market cap to $10.9 million. Known for its integration with PancakeSwap, ALPACA’s price activity tracked increasing interest across DeFi protocols.
InnerFoundation’s AIN token recorded a 40.8% gain, trading at $15.10. The asset’s market cap now stands at $28.7 million. AIN’s spike reflected higher activity around infrastructure-focused assets during the session.
Auction (AUCTION), which supports the Bounce protocol, rose 36.6% to $13.63. Its market capitalization grew to $87.2 million. AUCTION remains one of the top tokens traded on Binance, maintaining strong visibility among traders.
AutoLayer’s token, LAY3R, posted a 19.3% rise. Despite trading at only $0.021, the token reached a $28.2K market cap, signaling early development-stage engagement. Meanwhile, MOCA climbed 19.6% to $0.092, with a significantly larger cap of $291.8 million. The uptick was attributed to recent token listings and higher platform usage.
Gaming and Exchange Tokens Also Advance WEMIX gained 17.8% to reach $0.59, raising its valuation to $260.4 million. The token, linked to blockchain-based gaming projects, has remained active throughout the week. Market data pointed to steady inflows across related tokens. ECOMI’s OMI token increased by 13.7%, reaching $0.00022 and a market cap of $59.4 million. The asset showed continued trading interest despite its micro-cap status.
Hedera (HBAR) increased by 12.5% to $0.062. Its market capitalization tally is now $2.2 billion making it one of the largest projects in the list. The last one was Stellar (XLM) which grew by 10.9% additional increase and was selling at $0.36. Its market cap had surged to $13.5 billion, which is the highest in the list of the best performers of the day.
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.
Reef token rose for five consecutive days as demand in the spot and futures market rose after it was delisted by Binance.
Reef (REEF) rose to a high of $0.0012 on Sept. 3, marking its highest point in a month and 106% above its lowest point last month. This recovery brings its market cap to over $25 million.
Reef’s recovery followed the launch of a new community developer fund by its developers, aimed at supporting projects related to lending protocols, hardware wallets, DAO infrastructure, and bridge integrations.
Reef’s rally led to a sharp increase in investor demand. Data from CoinGecko shows that the 24-hour trading volume jumped to $45 million on Tuesday, up from $23 million on Sept. 1, marking its highest point in nearly a month.
Additionally, Reef’s open interest in the futures market soared to $60 million, its highest level in two years, significantly higher than August’s low of $3 million.
Notably, Reef’s rebound occurred after the token was delisted by Binance, the most popular crypto exchange. Typically, cryptocurrencies tend to retreat after being delisted by tier-1 exchanges.
Data indicates that most of the trading is happening on Gate.io, followed by HTX, KuCoin, and Bitget.
Reef price crosses key resistance Reef price chart | Source: TradingView Reef rose to a high of $0.0013, crossing the important resistance point at $0.0011, its lowest swing in August last year.
Before its rebound, Reef formed a falling wedge pattern, a popular bullish reversal indicator. The token has now rallied above the 50-day moving average, while the Relative Strength Index is nearing the overbought level of 70. The RSI is a momentum indicator that measures an asset’s rate of change.
The Average Directional Index, which measures the strength of a trend, was at 50 and pointing downwards. Therefore, the token will likely retreat briefly as traders take profits before potentially resuming the bullish trend.
Last week in crypto has been very significant in terms of gainers, as many smaller projects have surged significantly over the past week. As per the data shared by an on-chain analytics platform, Walken ($WLKN), Reef ($REEF), Nibiru ($NIBI), GameStop Token (GME), Plokastarter (POLS) and a few others surged significantly and outperformed the bigger projects in terms of gains during the last week.
Top Crypto Gainers of the Week: Walken ($WLKN), Reef ($REEF), and Nibiru ($NIBI) on The Lead Walken ($WLKN) is leading the pack of the top gainers of the last week, surged by 115.9%, ranking itself as the highest gainer of the week. $WLKN is majorly trading over the HTX crypto exchange with a total market cap of $1.6 million. While, $REEF secures the second position with a market cap of $36.6 million, with significant growth of 90.5% during the past seven days outperforming $NIBI. Nibiru ($NIBI) surged by 66.6% past week with a market cap of $18.2 million and mainly traded over the ByBit crypto exchange.
Apart from the top three altcoins, a few others have surged significantly as GameStop Token (GME) and Plokastarter (POLS) showed a growth of 55.7% and 50.2% respectively. $GME is being traded over CoinW with a market cap of $31.7 million and $POLS is being traded over Coinbase with a market cap of $35.5 million. Moreover, $XZK, $DAR, $VELO, $AMPL, and $UXLINK have shown significant growth since the last week.
Smaller Projects, Outperforming the Bigger Projects During the last week, the crypto market has been evident of a significant shift in the world of cryptocurrencies. Many smaller market-cap tokens have outperformed the bigger crypto projects. Based on the stats shared by the Phoenix Group, these smaller market-cap tokens can be proven very valuable assets in terms of trading based on their significant performance. Many crypto investors are eyeing such projects, trends and developments in the crypto space to yield maximum profits.
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.
It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve.
Bitcoin (BTC) led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27.
Most of the large gains occurred among smaller altcoins. Reef (REEF) went parabolic, soaring to a high of $0.0048, its highest point since March 12. It has been one of the best-performing altcoins this month, jumping by over 670% from its lowest point and bringing its market cap to over $102 million.
Reef, which stands for reliable, extensible, efficient, and fast, surged a month after Binance delisted it from its exchange. This indicates that it is likely going through a short squeeze, with most of its trading happening on Gate.io and WhiteBIT.
First Neiro on ETH (NEIRO) has also been one of the best-performing coins this month. It rose to a record high of $0.00098, up by over 3,865% from its lowest level in September.
Other top performers in this crypto comeback were coins like Solar (SXP) and Billy (BILLY), which rose by over 50%.
This price action coincided with the performance of other assets. In the stock market, popular indices like the Dow Jones and Nasdaq 100 rose by over 1%, continuing the bull market that has been ongoing over the past few months.
Fed’s jumbo rate cut The surge happened after the Federal Reserve decided to slash interest rates by 0.50%, in line with most analysts’ expectations. The Fed also hinted that it would deliver more cuts if the labor market continued to weaken.
Most crypto analysts believe that the ongoing rally has legs. In a note, Ki Young Ju, wrote that the crypto bull run was still underway. In another X post, Ju, who is the founder of CryptoQuant noted that institutional investors were no longer shorting Bitcoin.
Additionally, spot Bitcoin ETFs have seen inflows for five consecutive days, indicating that institutions likely bought the dip. According to Santiment, crypto sentiment has continued rising, which is a positive catalyst for the industry.
And as crypto.news reported earlier, the crypto fear and greed index has moved from the fear zone and risen to its highest point in weeks. In most periods, altcoins do well when the index is in an uptrend.
Several factors play a significant role in determining the success of any project in the crypto market. Utilities are one key factor that ensures marketing; good communities are also influential in determining growth.
Bitgert is one project on the radar of investors due to its growing community. Its features and ecosystem activities are also instrumental to its growth.
Reef is also a common option amongst several experts and investors in the industry. Some experts have projected it to experience a reasonable degree of growth.
More so, Bittensor is a leading AI blockchain project, recording immense developments which places it on the radar.
This article discusses Bitgert, Reef, and Bittensor potential price movement
Reef Vs Bittensor, Triggers For Growth Reef’s growth has been evident in its recent chart pattern. Reef has gained 2.3% in the last 24 hours and is moving to break its resistance. Reef’s recent partnership has been instrumental to its recent performance. Reef recently partnered with Pigmo and is looking to expand into the blockchain Gamblefi sector, increasing interest in Reef across the industry. Reef’s interest in empowering developers encouraged its partnership with ViaLabs, incorporating the Reef chain and growing value.
The Reef ecosystem permits DAO, which allows investors to play a significant role in decision-making, and experts have pointed out that this is key to Reef’s growth.
The Bittensor structure is different from the Reef. Bittensor’s bot has proven helpful to many investors by indicating to Bittensor’s users what to expect from the $TAO movement. Bittensor created a marketplace for AI. Bittensor’s marketplace helps users easily carry out AI-related tasks. Bittensor enjoys its growth by ensuring user satisfaction. Bittensor achieves this by providing passive income via staking. This provision by Bittensor is why experts are confident that Bittensor will eventually be a top project in the industry. Bittensor market cap has risen by over 3.4% in the last four days, marking progress.
Bitgert Startup Studio Campaign And Its Impact. Bitgert’s support to developers through Bitgert’s Startup Studio campaign has triggered many reactions and generated attention across the industry. Bitgert has opened the perfect opportunity for memecoin devs to get financial support to reward their project growth. Bitgert Startup Studio Campaign has recorded numerous entries, and this high interest has increased Bitgert’s BRISE holders.
Bitgert has also allowed content creators to integrate perfectly into the blockchain ecosystem. Bitgert’s contest for content creators will reward winners with amazing prizes for creatively promoting the project. These activities are instrumental in Bitgert’s positive price movement as expectations regarding Bitgert’s future are positive.
Conclusion Bitgert and Bittensor utilities drive their growth. Reef’s ecosystem has proven to be one of the fastest growing with its innovative integrations. Despite the positives from every mentioned project, research is crucial in taking the proper steps. Buy $BRISE on the Bitgert website today. Visit bitgert.com
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
With big news impending for Bitgert, the crypto market is looking closely at the movements of both Render Coin and Reef Coin. Investors speculate about which one, between Render Coin’s utility in GPU computing and Reef Coin’s DeFi focus, will offer stability in the event of Bitgert‘s relentless ecosystem expansion.
How Competitive is Render Coin Against Reef Coin and Bitgert? Render Coin serves to empower the Render Network, a completely decentralized network for 3D rendering and GPU computing. Render Coin bridges the divide between artists and developers in need of ample, affordable computational power and those capable of supplying it. This positions Render Coin as an indispensable player within the growing digital economy. Render Coin’s tokenomics configuration for the network is fundamentally grounded on providing liquidity that facilitates real-time rendering tasks and promotes efficient utilization of computing resources. Render Coin also facilitates great community governance, where token holders make decisions about future upgrades and improvements on the network.
Where Does Reef Coin Stand Against Render Coin and Bitgert? Reef Coin is the token representative for the Reef Chain, a scalable blockchain that is EVM-compatible, and optimized for DeFi, NFTs, and gaming. Reef Coin is built on top of Substrate, providing developers with almost instant, low-cost transactions. This is ideal for decentralized applications. With Reef Coin’s bridging across multiple blockchains and compatibility with Solidity, Reef Coin pursues seamless dApp experiences targeted at developers and users alike. As this ecosystem grows rapidly, Reef Coin forms the base for its decentralized governance, staking, and transaction fees.
About Bitgert: The Render Coin and Reef Coin Crusader Unlike Reef Coin and Render Coin, the unique mix of near-zero gas fees combined with an astonishing 100,000 TPS transaction speed has positioned Bitgert as one of the most advanced blockchains. Products for shaping the environment include PayBrise, Bitgert Swap, the Bitgert.exchange, and so on—all part of an all-encompassing user-friendly environment. The tokenomics of Bitgert have been designed to be long-term sustainable, modeled on a deflationary system that will reward holders for contributing to the ecosystem. As Bitgert approaches the moment of its major announcement, it seems like the project is in preparation to make an impact on investor appeal for the wider market.
Pricing Performance: Render Coin vs. Reef Coin vs. Bitgert Over the past 24 hours, Render Coin has fluctuated between $6.34 and $6.77, while the weekly range was from $5.85 to $6.80. Reef Coin briefly moved between $0.005051 and $0.005381 during the last 24 hours, with the 7-day range between $0.004087 and $0.006495. Meanwhile, Unlike Render Coin or Reef Coin, Bitgert has continued to steer steadily, with a 24-hour range from $0.00000007951 and $0.00000008518, with a 7-day range from $0.00000007863 and $0.00000008505. Small oscillations of Bitgert prices assure its stability and attract investors interested in such predictability in the market.
Will Bitgert’s Big Revelation Doom Render Coin and Reed Coin? While Reef Coin and Render Coin wait for the big announcement of Bitgert, variation in the price of any of the coins may attract market sentiment. Bitgert has projected an excellent show due to its negligible gas charges on the transactions, along with hyper-scaling measures. This places Bitgert in an excellent position against Reef coin and Render coin, making it a solid choice among investors amidst the market’s turbulence.
Grab your own $BRISE token at Gate.io, KuCoin, MEXC, and Pancakeswap!
Step 1: Register on the exchange
Step 2: Choose your payment method
Step 3: Buy $BRISE
For more info, visit bitgert.com. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.
The crypto market might see some big changes as Bitgert recently revealed that it has a massive announcement scheduled for next month. Hype is building up, and the focus is on the likes of Reef Coin and Dogwifhat as investors argue over the possibility that the upcoming announcement by Bitgert can significantly alter their price predictions.
While Reef Coin and Dogwifhat bring something unique to the table, Bitgert has shown rapid development and has remained technically superior. So, let us learn more about Reef Coin and Dogwifhat and see how they compare with Bitgert.
Reef Coin and Dogwifhat Compared to BitgertReef CoinReef Coin is a multi chain smart contract blockchain focused on decentralized finance (DeFi), NFT and gaming. Additionally, Reef Coin has several applications like Reefscan blockchain explorer, Reef Wallet, etc. which makes it rather attractive to users who want to try out diverse investments across the crypto shelf.
However, despite being a reputed name in the blockchain world, Reef Coin remains an altcoin whose performance is sometimes marred by transaction speeds and costs. Reef Coin cannot be compared to Bitgert’s high speed and low fees blockchain. So, Reef Coin is not as scalable or effective as Bitgert’s infrastructure.
DogwifhatDogwifhat is yet another memecoin, marking its bet in a rather fun approach to investments in crypto. Community driven growth, in this case, has made Dogwifhat popular in its own right. However, similar to the rest of the memecoins, the price of Dogwifhat remains highly susceptible to speculation and lacks utility based fundamentals prevalent in Bitgert.
Dogwifhat might be a fun memecoin but presents no robust technological architecture like that of Bitgert or even Reef Coin. Moreover, as Bitgert keeps rolling out new blockchain solutions, Dogwifhat will face difficult times.
How Will Bitgert’s Big News Affect the Reef Coin and Dogwifhat?The big news from Bitgert is going to shift market attention away from projects such as Reef Coin and Dogwifhat. If the announcement is about something big in the Bitgert ecosystem, a price rally might not be too far.
On the other hand, Reef Coin and Dogwifhat, with their novelty packages, might see massive fluctuations in price predictions as attention turns toward Bitgert’s advances. Investors may reassess their positions in coins like Reef Coin and Dogwifhat, especially if Bitgert’s reveal brings radical shifts to the ecosystem.
Buy $BRISE on Bitgert website today. Visit bitgert.com.
Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article.
Reef Finance, a blockchain for decentralized finance, gaming, and non-fungible tokens, has surged in the two months since Binance delisted it.
Reef (REEF) token rose to $0.010 on Monday, Oct. 14, up by over 1,500% from its lowest level this year, making it one of the best-performing cryptocurrencies.
Notably, the Reef coin has risen by almost 1,200% since Aug. 26, when it was delisted by Binance, the biggest crypto exchange in the industry. Its market cap has jumped to over $223 million.
Reef price performance since Aug. 26 | Source: TradingView In a statement at the time, Binance also delisted other tokens like ForTube, Loom Network, VGX Token, and Ellipsis. It cited several factors such as low trading volume and liquidity, the commitment of the team to the project, new regulatory requirements, and smart contract stability.
Most of Reef’s trading has shifted to other centralized exchanges. According to CoinGecko, WhiteBit had the biggest share of trading volume in the last 24 hours. It is followed by other exchanges like HTX, KuCoin, and Bitget.
This rebound is likely due to the developers making significant improvements after the Binance delisting. They initiated a new community developer fund to incentivize developers in the ecosystem. Some of the potential dApps to be funded include those in industries such as lending, DAO infrastructure, and hardware.
Reef has also made other progress since the Binance delisting. For example, Hydra Coin announced that it was building the first NFT battle card game on the Reef Chain.
Additionally, the developers are collaborating with VIA Labs, a blockchain bridging solution, which will begin bridge development this week. They are also in discussions with perpetual decentralized exchanges about revenue sharing and RPC infrastructure providers.
Reef has also gained momentum as the number of holders has increased. According to CoinCarp, the token now has almost 23,000 holders, significantly higher than its level before the Binance delisting.
Reef token has become overbought Reef Finance price chart | Source: TradingView Reef’s surge continued as Bitcoin (BTC) and other cryptocurrencies maintained their strong rebound on Monday. It has flipped the key resistance point at $0.0053, its highest swing since March 2024.
Reef has remained above the 50-day and 100-day Exponential Moving Averages, which is a bullish sign. However, the Relative Strength Index and the Stochastic Oscillator have moved to overbought levels.
Therefore, while more gains are possible, the coin may experience a pullback in the coming days due to profit-taking. If this happens, it may retest the key support at $0.0053.
Singapore, March 20, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, today announced the listing of APENFT (NFT), a key token in the TRON ecosystem. The listing introduces APENFT/USD and APENFT/EUR trading pairs. In addition to the listing on Kraken, a Reef Program airdrop campaign of $90,000 worth of APENFT tokens has been launched.
Launched by the APENFT Foundation in 2021, APENFT uses TRON’s fast and low-cost blockchain to bring top-tier artworks on-chain and support the growth of the NFT ecosystem. As of March 2025, with over $430 million in market cap and more than 2.16 million unique holders, APENFT has become a leading force in the digital collectibles space. APENFT is now listed on over 30 major global exchanges, including HTX, OKX, and Poloniex.
Since its launch, the project has reached several important milestones:
May 2021: Initiated an NFT airdrop program for TRON mainnet token holders, reaching millions of TRX users.
December 2021: Collaborated with Christie’s and Sotheby’s to tokenize masterpieces by Picasso and Andy Warhol.
Advertisement
2023: Debuted APENFT Marketplace, now becoming the leading NFT trading platform on the TRON chain supporting hundreds of emerging artists through the Art Dream Fund.
September 2024: APENFT Collaborated with SunPump to launch NFT Pump, the first fair-launch NFT tool in the TRON ecosystem, allowing users to mint NFTs at low cost using TRX.
Q1 2025: Released NFT Pump 2.0, introducing the TRC404 standard for fractionalized NFT trading to enhance liquidity and user experience.
The listing of APENFT (NFT) on Kraken marks a significant step in its global expansion, offering increased exposure and access to institutional and retail investors across North America, Europe, and Asia-Pacific. With NFT/USD and NFT/EUR trading pairs now available, APENFT gains direct entry into key fiat markets.
The launch is further supported by a $90,000 airdrop through the Reef Program, designed to boost engagement and broaden its appeal beyond the TRON ecosystem. Known for its high compliance standards and strong security, Kraken provides an ideal platform for APENFT to strengthen its credibility and reach.
APENFT officially launched on Kraken on March 20, 2025, marking a significant milestone in its path toward global adoption and broader market accessibility.
About APENFT
APENFT Marketplace is an NFT trading platform native to the TRON blockchain, launched by the APENFT Foundation, with additional support from the world’s largest distributed storage system BitTorrent File System (BTFS). NFT Pump (APENFT) is a leading innovator in the NFT space, providing a one-stop platform geared with a complete suite of tools to empower creators, collectors, and projects alike. From launching NFT Pump 1.0 and 2.0 to establishing the TRC404 standard, NFT Pump (APENFT) is revolutionizing how NFTs are created, traded, and experienced on the TRON network.
The APENFT utility token $NFT is the official governance token issued by the APENFT Foundation. It is a decentralized digital asset that is backed by TRC-20 protocols, and serves as proof of rights on APENFT.
Media Contact
Charles
[email protected]
Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy.
Singapore, April 1, 2025 —Kraken, one of the world’s leading cryptocurrency exchanges renowned for its rigorous compliance standards, has officially listed JUST (JST), the native governance token of the JUST ecosystem. JUST is a leading decentralized finance (DeFi) ecosystem built on the TRON network, which consists of multiple products, including stablecoin and multi-asset lending platforms, JustStable and JustLend. The listing introduces JST/USD and JST/EUR trading pairs. In addition to the listing on Kraken, a Reef Program airdrop campaign of $90,000 worth of JST tokens has been launched.
JUST ecosystem: Powering TRON’s DeFi infrastructure
JUST, launched in 2020 by the JUST Foundation, is the first comprehensive DeFi ecosystem on the TRON network. Centered around the JST token, the JUST ecosystem includes various DeFi solutions like JustStable, JustLend DAO, Staked TRX (sTRX), Energy Rental, and JustCrypto. As of March 2025, with over $310 million in market cap and a Total Value Locked (TVL) of $8 billion, JUST (JST) exemplifies its strong performance within the TRON ecosystem. Since its launch, JUST has reached several significant milestones.
2020: Initial Launch of JUST
Pioneered JustLend DAO, a decentralized finance (DeFi) lending platform built on TRON. Holding a TVL of $5.7 billion standing as one of the largest lending platforms.
Launched USDJ, a decentralized stablecoin fully backed on the TRON blockchain.
JUST (JST) was listed on major exchanges such as Binance and Upbit, marking JUST’s initial market entry.
Advertisement
2024: JUST’s Global Expansion
Expanded international presence by listing on Brazil’s Mercado Bitcoin and Turkey’s Bitci exchanges.
JustLend DAO Hosted HackaTRON Season 6 with TRON DAO, drawing over 500 developer teams.
2025: JUST’s Accelerated Growth
January: Launched USDD 2.0 Beta offering 20% APY — fully subsidized by TRON DAO.
February: Collaborated with Coinomi Wallet to enhance user integration and accessibility.
March: JUST (JST) listed on Hashkey Global, significantly strengthening market presence in the Asia-Pacific region.
The listing on Kraken also signals growing confidence in JST’s underlying protocol and its long-term utility within decentralized finance. As part of the broader JUST ecosystem, JST serves as a foundational asset supporting stablecoin issuance, lending, and governance. This development reinforces JUST’s position as a key contributor to the TRON network’s expanding DeFi infrastructure.
As of April 1, 2025, JUST (JST) is officially live on Kraken—marking a significant milestone toward increased market accessibility and global adoption.
About JustLend DAO
JustLend DAO is TRON’s decentralized financial platform where users can earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. Committed to developing TRON-based DeFi protocols and providing all-in-one financial solutions to its users, there is now more than $7.6B Total Value Locked in the JUST Network.
The JustLend DAO provides a forum for its users to participate in governance and directives, while empowering its users with decentralized authority, trustless transactions, smart-contract automation, and security with transparent accountability.
Tokens in the JustLend DAO markets (TRX, BTT, JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica. JustLend DAO exists to provide stable and convenient financial lending services for all users.
Engage with the JustLend DAO community via the JustLend DAO Portal, Telegram, Twitter, and the JUST Network.
Media Contact
Mia
[email protected]
Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy.
Singapore, April 8, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, has officially listed SUN (SUN), a core governance token of SUN.io. The SUN.io platform integrates such functions as token swaps, liquidity mining, stablecoin swaps and decentralized autonomous organization (DAO) on the TRON public chain, focusing on building TRON’s DeFi ecosystem with decentralized exchanges (DEX) at its core. The new listing introduces two major trading pairs, SUN/USD and SUN/EUR, making SUN available to a wider market. In conjunction with this listing, an airdrop Reef Program offering $90,000 worth of SUN tokens launched at the same time.
Launched in 2020, SUN.io has grown into a cornerstone of the TRON ecosystem. As of April 2025, the SUN token has reached over $649 million in total value locked (TVL). As the first platform on TRON to combine stablecoin swaps, token mining, governance, and trading, SUN.io stands as the network’s largest decentralized exchange (DEX).
The platform has driven significant innovation, including the launch of SunSwap for efficient token swaps and the introduction of SunPump in 2024, which became a major hub for meme coin projects on TRON.
Sun.io has grown significantly, reaching several milestones:
Advertisement
August 2024: SunPump launched as TRON’s first fair-launch platform for meme coin issuance and trading. Since its debut, it has supported over 96,000 projects and generated more than $3.73 billion in transaction volume.
SunPump’s unique bonding curve mechanism has drawn significant attention, attracting over 430,000 followers on X. It has generated 15 million new transactions and brought in 550,000 new wallet addresses to the TRON ecosystem—reaching a peak daily transaction volume of $350 million.
2025: SunPump introduced SunGenX, an AI-powered tool designed to simplify token creation through chatbot interactions.
The addition of SUN (SUN) on Kraken marks a pivotal step in its global growth, pushing its exposure across major markets in North America and Europe. With SUN/USD and SUN/EUR trading pairs now available, SUN (SUN) extends its reach into major fiat markets.
Kraken, known for its robust security measures and high compliance standards, offers the perfect platform for SUN to strengthen its credibility, particularly in stablecoin trading and meme coin issuance. The listing not only enhances the security of funds on SunSwap but also elevates the global appeal of the SunPump initiative, accelerating the international growth of the TRON ecosystem. Additionally, with the Reef Program airdrop of $90,000 worth of SUN tokens happening simultaneously, fueling SUN(SUN) to tap into a wider audience.
SUN officially launched on Kraken on April 8, 2025, joining other TRON ecosystem tokens such as APENFT, JST, WIN, and STEEM. The listing reflects growing market interest and further strengthens TRON’s presence on leading global exchanges.
About SUN.io
SUN.io is the first decentralized autonomous platform on the TRON blockchain, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform’s governance.
Media Contact
Sibyl
[email protected]
Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy.
Singapore, April 8, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, has announced the listing of WINkLink (WIN) for spot trading, with new WIN/USD and WIN/EUR trading pairs. WINkLink is the first comprehensive oracle of the TRON ecosystem. The listing comes alongside the launch of the Reef Program, an airdrop campaign of $90,000 in WIN tokens.
WINkLink, launched in 2019, is the first decentralized oracle platform in the TRON ecosystem, providing secure and efficient off-chain data services for smart contracts. WINkLink connects data between TRON’s blockchain and centralized systems, supporting decentralized finance (DeFi) and decentralized applications (DApps). As the governance token, WIN (TRC-20) drives the WINkLink ecosystem, enabling holders to participate in governance and earn rewards. As of April 2025, WIN’s market cap is approximately $43 million, with listings on major exchanges like KuCoin and OKX.
WINkLink has grown significantly since its launch reaching several milestones:
August 2019: WINkLink was introduced as TRON’s first decentralized oracle project, aiming to bridge smart contracts with real-world data.
April 2021: The WINk team completed the acquisition of JustLink.io, establishing WINkLink as the first comprehensive oracle in the TRON ecosystem.
Advertisement
2022: WINkLink joined TRON’s BitTorrent Chain (BTTC) cross-chain ecosystem, enhancing interoperability with Ethereum and BNB Chain.
2023: Established a network of decentralized nodes, improving data reliability and security.
October 2024: Launched Automation and Any API Beta, streamlining DApp development and improving on-chain operational efficiency.
January 2025: Any API Data Feeds goes live, enhancing data transmission security with multi-layer encryption.
The listing of WINkLink (WIN) on Kraken marks a key milestone in the token’s global expansion, with its exposure and access to institutional and retail investors across North America, Europe and Asia-Pacific. Having WIN/USD and WIN/EUR trading pairs now available, it gives the opportunity for direct entry into major fiat markets.
Aimed at boosting the engagement and attracting a wide audience to the WINkLink ecosystem, an airdrop of $90,000 worth of WIN tokens through the Reef Program will be launched simultaneously. This listing on kraken is expected to drive new growth momentum for WINkLink, particularly with innovative features like Any API Data – Feeds. Fueling development and adoption of the TRON ecosystem following the listings of APENFT, JST, SUN and STEEM on Kraken.
About WINkLink
As the first comprehensive oracle on the TRON blockchain, WINkLink fully integrates the real world with the blockchain space, provides reliable and verifiable random numbers, and fully restores trust and improves user experience by tapping into data, events, and payment systems from the real world. WIN, a TRON-based TRC-20 token, is the governance token of the WINkLink oracle network, and has been listed on Binance, OKX, KuCoin, Poloniex, Bitget, and many other well-known international exchanges.
Media Contact
Victor
[email protected]
Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy.
Reef Chain, a well-known L1 blockchain dealing with decentralized applications (dApps), has announced its exclusive collaboration with Subscan, a popular blockchain explorer forum. The development underscores the renewal of Reef Chain and Subscan’s mutual efforts for enhanced accessibility, developer tools, and visibility. The platform revealed this initiative in a recent social media post shared on X.
We’re very happy to share the news that Reef and @subscan_io are working together once more!
Subscan is re-integrating Reef Chain into their platform. This will make Reef available on their blockchain explorer, and restore API services as well.
More to come as we approach the… pic.twitter.com/Gic7xqLaCd
— 🐠 Reef (@Reef_Chain) June 7, 2025 Reef Chain and Subscan Join Forces to Offer Cutting-Edge Tools for Developers The partnership denotes a crucial move for Reef Chain as it is collaborating with Subscan to benefit developers and consumers. This development will once again permit seamless tracking of transfers, monitoring of block production, access to crucial on-chain data, and observance of validator activities. Complementing this endeavor, Subscan operates as a renowned platform across Substrate and Polkadot ecosystems, providing developers and consumers with thorough tools.
As a part of this collaboration, the consumers can anticipate streamlined blockchain explorers, analytics dashboards, and RESTful APIs. These elements are important to boost blockchain advancement while maintaining transparency. The renewal of the API services provided by Subscan is beneficial for Reef, particularly for builders developing smart contracts and decentralized applications.
The renewed partnership is anticipated to fortify its status within the wider Web3 world by boosting accessibility as well as ecosystem transparency. Amid Reef’s endeavors to get attention with strategic partnerships and updates, Subscan’s return highlights its resilient commitment to developer support and ecosystem usability. Apart from that, the collaboration also indicates the plans to re-establish robust infrastructure support within its ecosystem.
Since starting its operations, Reef Chain has been focusing on the provision of developer-friendly and scalable environment. For this purpose, it uses the modular framework of Substrate. Now, by resuming its partnership with Subscan, the platform is enhancing its wider Substrate-based ecosystem by improving its core technical developments.
Driving Interest in Reef’s Long-Term Journey to Appeal to More Users and Developers As per Reef Chain, this partnership points toward Reef’s active moves to reform and fortify its ecosystem tools after a phase of restricted visibility among top blockchain explorers. This development could also signify renewed interest in the long-term roadmap of Reef to attract more consumers and developers. As the collaboration moves forward, the users can witness more improvements and updates.
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.
Blockchain platform secures three-year deal to power innovative football club from 2025-2026 season
Reef Chain, the EVM-compatible blockchain designed to make Web3 accessible to mainstream audiences, today announces its landmark three-year Principal Partnership with Crawley Town Football Club, commencing with the 2025-2026 season.
The partnership marks a significant milestone for Reef Chain as it expands into mainstream sports marketing, leveraging football’s global reach to introduce blockchain technology to new audiences worldwide. Reef Chain will feature prominently on Crawley Town’s home and away shirts, as well as across Broadfield Stadium and the club’s digital platforms.
Derek E. Silva, Chief Operations Officer of Reef Chain, said: “This partnership represents a pivotal moment in our mission to bring blockchain technology into everyday life. Football has unmatched power to connect communities globally, and through Crawley Town FC, we can showcase how our technology enhances real-world experiences. We’re not just sponsoring a football club – we’re joining a community that shares our values of innovation, accessibility, and forward-thinking approaches.”
The collaboration provides Reef Chain with a unique platform to demonstrate its technology’s practical applications while reaching football fans across the globe. For a blockchain platform focused on user accessibility, partnering with a progressive English football club offers authentic engagement opportunities that extend far beyond traditional cryptocurrency communities.
The partnership has particularly authentic foundations, with Silva having been an active member of the online WAGMI United community since 2022, regularly participating in match watchalongs with fellow supporters. The initial connection was facilitated by Entitled., WAGMI United’s primary community manager, who introduced Silva to Vice Chairman Ben Levin, leading to formal negotiations for this groundbreaking deal.
Through this partnership, Reef Chain will implement several innovative programs, including:
Digital fan engagement experiences utilizing blockchain technology Community-focused initiatives benefiting local supporters and residents Next-generation match-day experiences at Broadfield Stadium The deal significantly enhances Reef Chain’s global visibility, particularly in European markets, while providing the platform to demonstrate real-world blockchain applications beyond traditional DeFi and trading use cases.
Preston Johnson, Co-Chairman of Crawley Town FC, added: “WAGMI United has always been committed to innovation in football, and Reef Chain represents exactly the kind of progressive partner we’ve been seeking. This partnership creates exciting possibilities for both organizations and our respective communities.”
Silva concluded: “We’ve found the perfect partner in Crawley Town FC – a club that, like us, isn’t afraid to innovate and try new approaches. Together, we’ll show the world how blockchain technology can enhance the beautiful game while building stronger communities both online and offline.”
The formal unveiling of the partnership will take place at a home game at Broadfield Stadium near the beginning of the season, where Reef Chain will demonstrate some of the innovative technologies and experiences planned for the upcoming season.
About Reef Chain Reef Chain is an EVM-compatible blockchain designed to make Web3 accessible to mainstream audiences. Built on the Substrate framework, Reef offers high scalability, affordable transactions, and a wide ecosystem of decentralized applications. Through its core apps like Reef Chain Wallet, ReefScan, and ReefSwap, Reef is simplifying blockchain technology for users worldwide.
About Crawley Town Football Club Founded in 1896, Crawley Town FC is a professional football club based in West Sussex, England. The club plays at Broadfield Stadium and has a rich history of working its way up through the English football pyramid. Since 2022, Crawley Town has been owned by WAGMI United, an innovative ownership group bringing new approaches to football club management.
For further information, please contact: Cassie Doubleday Reef Chain [email protected]
Press Office Crawley Town Football Club [email protected] 01293 410000
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
Alchemy Pay, a global payment gateway from fiat to crypto, has announced its strategic partnership with Reef. This collaboration aims to introduce the world’s leading fiat-crypto on-ramp into the Reef website and wallet. This initiative strives to empower users of 173 countries, giving them the authority to easily buy $REEF tokens along with other digital assets.
Reef, a Layer-1 blockchain empowering Web3 accessibility, through this incentive, is set to make cryptocurrency more accessible. So, the integration aims to enable the audience worldwide to bridge the gap between traditional finance and Web3. Alchemy Pay has announced the news through its official X account.
Alchemy Pay and Reef Pave the Way for $REEF Token Accessibility Alchemy Pay leverages its fiat-to-crypto gateway to empower the $REEF token on Reef Chain. It means that the global users can utilize their local fiat currencies to purchase the $REEF token. They can use trusted payment methods like Visa, Mastercard, Apple Pay, Google Pay, bank transfers, and regional mobile wallets.
Alchemy Pay provides localized yet regulated payment options, making the onboarding process more compliant and secure. This initiative aims to mitigate entry barriers for crypto newcomers. Through this development, Reef wants to cement its reputation, empowering developers and users through seamless access to the decentralized web. Reef’s user-friendly ecosystem includes ReefSwap, Reef Chain Wallet, and ReefScan.
Alchemy Pay to Foster Web3 Adoption Worldwide Reef blends Alchemy Pay’s global payment rails to solidify its position as a blockchain network, promoting mass adoption. Through an effortless fiat-crypto conversion, both users and developers will benefit by making web applications more accessible. There is a continuous demand for compliant, smooth, and frictionless blockchain entry points. So, the Alchemy Pay and Reef partnership is a perfect example of boosting mainstream crypto adoption.
Through this groundbreaking incentive, Alchemy Pay and Reef are poised to highlight their shared vision of creating more approachable decentralized technologies. The $REEF token is just a few clicks away from users around the world. So, Reef is excited to consider new participants to expand the Web3 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.
Reef Chain, an EVM-compatible blockchain aimed at opening Web3 up to a regular consumer, has declared one of the biggest three-year Principal Partnerships with Crawley Town Football Club. The deal will start with the 2025-2026 season and be the first significant move by Reef Chain into sports marketing on an international level.
Within the partnership, Reef Chain branding will be on substantial presence on the home and away kits of Crawley Town and visibility within the Broadfield Stadium and the official club digital channels. The partnership is meant to leverage the popularity of football as a global sport to reach new consumers outside of the crypto circles.
A Strategic Move Toward Mainstream Adoption The partnership is a strategic growth to Reef Chain because it is aiming at integrating blockchain technology into daily lives. The global aspect of football provides an effective means of education and involvement, especially to a blockchain-based ecosystem that focuses on convenience and accessibility.
According to Derek E. Silva, Chief Operations Officer of Reef Chain, the deal represented a milestone to the project. He underlined that it is not just sponsorship, but community alignment, innovation and utility in the real world.
Silva says that football is a perfect platform to showcase the power of blockchain to improve everyday communication because it has the power to bring fans together regardless of their cultural backgrounds.
This is in contrast to many commercial sponsorships where the connection is established on the basis of long term community participation. Silva is a longtime participant in WAGMI United online community, he has been actively watching games together with other supporters since 2022.
Silva was first introduced by Entitled., the major community manager of WAGMI United, who introduced him to Ben Levin, vice chairman of Crawley Town. These informal relationships eventually culminated into serious talks and negotiations which resulted in the three year agreement. This genuine basis is considered by the club as one of the strengths of the joint venture.
Blockchain-Powered Fan Experiences With Reef Chain Among the initiatives that Reef Chain intends to launch as a part of the collaboration is the variety of blockchain-enabled projects that will increase the level of engagement between the fans. These are the digital fan experience, which is Web3-based, community-oriented initiatives with local fans and future-oriented match-day activations in Broadfield Stadium.
The collaboration will enable Reef Chain to showcase real-world uses of blockchain that are not related to decentralized finance and trading.
With the emphasis placed on the interaction with fans, digital identity, and engagement tools, the project will demonstrate how blockchain can bring practical value to the process in the real-life context.
Reef Chain has become the logical choice of the Crawley Town FC leadership to fit within the forward-thinking culture of the club. Co-Chairman Preston Johnson said that WAGMI United has always been an organization that focuses on innovation in football operations, and Reef Chain fits well within the vision of the organization.
Both organizations consider the collaboration to be a way of venturing into new technology and also solidifying their relationship with their respective communities. The transaction also contributes greatly to the visibility of the Reef Chain in the European markets where football is among the most powerful cultural forces.
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.
Crypto markets inch up slowly; Litecoin and Tezos on a charge, BSV falling further back. Market Wrap As we end another week in crypto land markets are starting to pick up a little. There has been no major breakout for Bitcoin yet but some of the altcoins are doing well and green is back in the tables. As a result total market capitalization is back over $250 billion again.
Yet again Bitcoin pushed just above $7,900 for an intraday high before pulling back. It subsequently dropped below $7,500 again hitting support for a double bottom. At the time of writing BTC is back to $7,900 trading flat on the day.
Ethereum has done virtually nothing over the past 24 hours and is still lulling just below $250. ETH is very unlikely to move until its big brother does, and it will definitely be in the same direction.
There is a little more activity in the top ten during today’s Asian trading action. Green dominates over red and Litecoin is the clear leader with a push of 10 percent to $113. Less than 60 days to the halving is driving momentum for LTC which is likely to climb higher in the coming weeks. Market cap has now surpassed $7 billion and it is very close to flipping BCH for fourth. XRP is the other mover today as it gains 5 percent as rumors of a MoneyGram buyout circulate. BSV continues to get dumped.
The top twenty cryptos have seen a lot of movement from Tezos which has surged 14 percent to $1.36. There does not appear to be a lot fundamentally feeding the fomo aside from rumors that Coinbase Custody is loading up on XTZ. The rest in this section are a percent or two in either direction today.
FOMO: Metaverse ETP Pumps ETP is getting another spike today as it rises 16 percent following a recent Finwise event in Hong Kong. Aside from Tezos, HyperCash is also doing well gaining 13 percent on the day and Decentraland is up 11 percent.
Getting dumped at the messy end of the crypto top one hundred is Maximine Coin sliding 18 percent. Yesterday’s pump, SOLVE, is today’s dump as it drops 14 percent and the crypto stalwart MaidSafeCoin is losing out on the day sliding 11 percent.
Total market cap 24 hours. Coinmarketcap.com Total crypto market capitalization has picked up marginally, adding $3 billion to reach $253 billion. Volume is at $70 billion and the minor move not been enough to signal a wider break out yet. All eyes are still on Bitcoin which has dropped back in dominance slightly at the expense of Litecoin.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Crypto markets falling back on Monday; BSV, XRP, and Tron dropping back, Litecoin and NEO stay afloat. Market Wrap Crypto markets are seeing red as we begin another trading week. Most of the majors are in decline following Bitcoin’s failure to hold gains and break $8,000. Total market capitalization has dropped below $250 billion and is poised to fall further as the selloff accelerates.
Bitcoin has dumped 2.5 percent on the day falling from just under $8k down to support at $7,500. BTC recovered a little during early Asian trading but is still down on the day trading at around $7,700. A big bearish signal was given by the weekly candle which was biggest drop since December at almost 11 percent.
As expected Ethereum is faring no better with a slide of over 3 percent down to $235. There is strong support around the $210 area and it could soon be there if analysts are correct.
The rest of the top ten is in the red as crypto declines increase. Bitcoin SV has dropped the most at over 6 percent falling back to $183. XRP is not far behind with over 4 percent lost as the Ripple token falls below $0.40 again. Bitcoin Cash, Binance Coin and Stellar are not doing much better. Litecoin has remained steady as halving fomo continues to drive LTC higher.
Top twenty losses are marginally greater with Tron dumping the most at over 5 percent. IOTA, Cosmos and Ethereum Classic are all losing around 3 percent and NEO is the only altcoin in the green adding 2 percent to remain over $12.
FOMO: Nebulas Skyrockets A massive dose of fomo has hit NAS today as it shoots up 45 percent. The autonomous smart asset platform does not appear to have anything fundamentally driving it aside from yesterday’s Nebulas Council Election Assistance Campaign launch;
Also getting a pump today is GXChain which has surged 36 percent and NULS up almost 20 percent. At the messy end of the crypto top one hundred is HyperCash dumping 13 percent while Ravencoin gets hit 9 percent on the day.
Total market cap 24 hours. Coinmarketcap.com Total crypto market capitalization has declined $5 billion since this time yesterday. It is now at $247 billion with a daily volume of $62 billion. Over the week markets are down 8.5 percent as over $20 billion has left the space. With Bitcoin poised to fall further the pain is likely to continue this week.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Want to steal some Bitcoin? All you need to do is find your victim’s 16-character public key and calculate their private key by solving something called an “elliptic curve discrete logarithm problem.” No sweat! With a regular computer, that’ll take you around 50 million times the amount of time the universe itself has left—around 0.65 billion billion years.
Ah, but with the right quantum computer, able to process information at speeds exponentially faster than today’s supercomputers? Suddenly, what seems uncrackable becomes child’s play, able to be broken in under 10 minutes.
The quantum-computing problem is nothing new to crypto, and many experts believe we have at least a decade or more to come up with quantum-resistant cryptography. However, some observers say that recent and unexpectedly fast advances are causing the time horizon to dramatically shrink. The most aggressive estimate says that bitcoin will be hackable by 2027, according to Fact Based Insights.
“We moved the state of the art more in the last two years than it has progressed in the last 15 or 20,” says Stewart Allen, Chief Operating Officer at IonQ, a company that claims to make some of the most powerful quantum computers in the world, in an interview with Decrypt.
On Thursday, top cryptographers will meet in Santa Barbara at the University of California for the National Institute of Standards and Technology (NIST) Post Quantum Cryptography semi finals. The finalists of the NIST competition will be announced in the months after the conference, though it might take years before the winner is annointed. Cryptographers say the standards that result represent blockchain’s best hope for resisting the rapidly encroaching power of quantum computers.
”If someone cracked your key, they could do anything they wanted,” Rob Campbell, President at Baltimore,Maryland-based Med Cybersecurity, told Decrypt. Anyone with sensitive information on the blockchain—cash, personal data, medical records—is at risk. With that sort of information, quantum hackers could “forge your name, take your assets,” and, if there’s medical data to be found, maliciously “triple your dose,” said Campbell. “It’s an open door.”
Take the Bitcoin blockchain: an unencrypted public key is sent along with every bitcoin transaction, and left unencrypted during the time it takes for the network to confirm the block, around ten minutes. That’s theoretically more than enough time for a quantum-equipped hacker to calculate a private key from the public key and replace the recipient’s address with his own.
Que Quantum?
Transistors in conventional computers capture data in terms of 1s and 0s. Is the sky blue today? If it is, 1. If not, 0. Computing is essentially combinations of these calculations: have enough transistors, you can compute almost anything.
With quantum computers, it’s possible for the same input, called a qubit, to represent both 0 and 1 at the same time, a non-binary state known as “quantum superposition”—think Schrödinger's dead-and-alive cat. This makes quantum computers exponentially more powerful; one lone, superpositioned qubit can handle the processing load of at least two full-sized transistors on a regular computer.
Using modified versions of “Shor’s algorithm,” a quantum algorithm that rapidly turns large numbers into prime factors, hackers could reverse the process that makes private keys so difficult to crack.
But at the moment, the best quantum computer is probably Google's Bristlecone quantum computer, which has 72 qubits. Miruna Rosca, a PhD student in post-quantum cryptography, tells Decrypt you’d probably need around 4000 qubits to break current cryptographic algorithms.
So how long do we have?
IonQ’s Allan, who creates quantum computers for a living, speculates it’ll take about a decade for post-quantum cryptography to become an issue. By then, he reckons, someone will probably have developed a quantum-resistant blockchain. Danny Ryan, a core researcher at Ethereum, thinks the same: “This isn't really a meaningful problem in the next 10 years and likely not for 20 to 30. That said, we tend to be bad at estimating things like this so we should be ready to transition sooner rather than later.”
But others say the problem requires immediate attention, and that—beyond the threat to Bitcoin—quantum computing could pose a major cybersecurity threat. Med Cybersecurity’s Rob Campbell says that a government armed with quantum decryption software could read all the world’s secrets.
A U.S. Navy signal officer by training, Campbell’s time in the classified research and development world has taught him that secret government technologies often outpace commercially available technology. “We were decades ahead of the commercial world,” he said. “We didn’t want any potential adversaries to know what our capabilities are.”
Even if Campbell’s claims seem ambitious, he points out that if an enemy security agency scrape all of your encrypted data today—which they certainly could—they’ll be able to decrypt all that data once they’ve built a powerful enough quantum computer. That’s enough to make developing quantum-resistant cryptographic techniques an issue of national security.
In any case, the arms race for quantum supremacy is well underway: China just spent $10 billion on a research center for quantum computers, and the U.S. has pumped hundreds of millions of dollars into the field.
Quantum-resistant techniques
Quantum computing can be just as effective for cryptographers as it is for hackers. Unobserved, superpositioned particles exist in multiple states, but when detected, they “collapse” to one point in space-time. Quantum cryptography has the same properties; because the protons that make up an encoded transaction shift upon observation, a successful attacker would have to break the laws of physics to intercept it.
This makes information encoded at the quantum level resistant to, among other things, so-called “man in the middle attacks,” where attackers intercept the transmission itself without having to decrypt the key.
A few blockchains claim to apply quantum-resistant techniques to ensure signatures and hashes remain encrypted, including QRL, IOTA, HyperCash, and Starkware. But with quantum computing still in its formative years, it’s difficult to determine the strength of these claims.
Until a quantum-resistant algorithm is tested and accepted by the wider academic community, there’s no assurance that any of these blockchains will be resilient enough against quantum computers. Scientists like Campbell are waiting on the results of next week’s NIST competition at UCAL-Santa Barbara; the final winners might not be announced for a few years, however. NIST tentatively expects drafts for standardisation will be completed around 2022.
“These winners are considered to be the best candidates on Earth and will likely go on to be standard cryptography and will be used by most of the planet,” says Campbell.
But developing the algorithm might not be the difficult part for large blockchains like Ethereum or Bitcoin. Whereas owners of centralized protocols can update the system as they please, blockchains, democratic by nature, require broad consensus among many thousands of miners to pass an upgrade.
In the case of an upgrade, all wallets that aren’t quantum-resistant become vulnerable to attack. That includes the 1 million bitcoins mined by Bitcoin’s pseudonymous inventor, Satoshi Nakamoto—if those aren’t migrated to a new, quantum-resistant wallet, they’re treasure for the first person with a powerful enough quantum computer.
“If high powered quantum computers appeared tomorrow,” said Ethereum’s Ryan, “we'd have many more problems than just the security of our blockchains.”
A 2019 National Academy of Sciences report concludes that, even if quantum computing is about a decade off, prioritising research is necessary to minimize “the chance of a potential security and privacy disaster.” Best get cracking, then.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
