GnosisDAO, the community behind the EVM-compatible layer 1 Gnosis Chain, has announced a strategic investment of US$1.5M and 500 GNO tokens in HOPR, a pioneer in providing fully private, uncensorable data exchange between peers.
The investment will facilitate the development of GnosisVPN, a fully decentralized Web3 VPN built on HOPR’s incentivized private mixnet.
TLDR GnosisDAO has decided to invest US$1.5M and 500 GNO tokens in HOPR to develop GnosisVPN, a fully decentralized Web3 VPN on an incentivized private mixnet. GnosisVPN will utilize HOPR’s mixnet technology to enhance data privacy and strengthen the resilience of decentralized infrastructure and services in the Gnosis ecosystem. The investment aligns with Gnosis’ commitment to building scalable and accessible infrastructure and services for individuals, prioritizing privacy and safety. The development of GnosisVPN follows a series of recent advancements from Gnosis, including uRamp, Gnosis Pay, and the integration of Hashi. Gnosis Chain has surpassed 200,000 validators, solidifying its position as the second-largest blockchain validator community globally. The decision to invest in HOPR and develop GnosisVPN aligns with Gnosis’ commitment to building scalable and accessible infrastructure and services for individuals while prioritizing privacy and safety.
By utilizing HOPR’s mixnet technology, GnosisVPN aims to enhance data privacy and strengthen the resilience of decentralized infrastructure and services within the broader Gnosis ecosystem.
Mixnets, short for Mix Networks, are an anonymity solution that keeps information sent over the internet private and secure by mixing up data from different sources before sending it to its destination.
HOPR’s incentivized private mixnet is the first of its kind, ensuring that node runners receive fair compensation for their valuable service.
Friederike Ernst of Gnosis emphasized the importance of privacy for the future of an open and equitable internet, stating that while privacy is not a native element of most blockchain technologies, it can be layered and interwoven into Web3.
GnosisVPN will initially deliver a service tailored to the requirements of typical Gnosis users, with a clear route towards adoption by the several billion users who currently use traditional VPNs with centralized chokepoints.
Supporting the development of a structurally superior decentralized alternative aligns with the overarching Gnosis 3.0 initiative, which aims to apply Web3 services for practical needs.
Sebastian Bürgel, Founder of HOPR, highlighted the close alignment of values between HOPR and Gnosis, with both projects sharing a steadfast commitment to furnishing infrastructure and services catered to individuals.
Building on a longstanding history of collaboration between the two projects, GnosisVPN represents one of GnosisDAO’s largest investments, solidifying their joint commitment to building scalable and accessible infrastructure and services for individuals.
This milestone follows a string of recent developments from Gnosis, including the introduction of uRamp, a platform aimed at streamlining transactions between on-chain assets and traditional fiat currencies, and Gnosis Pay, the world’s first decentralized payments network.
Earlier this month, GnosisDAO voted for the integration of Hashi, upgrading Gnosis Chain’s canonical bridges and setting a new standard for cross-chain security.
As of March 2024, Gnosis Chain surpassed 200,000 validators, solidifying its position as the second-largest blockchain validator community globally.
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In a significant stride towards enhancing blockchain privacy solutions, HOPR has proposed the development of GnosisVPN, leveraging their expertise alongside the robust infrastructure of GnosisDAO.
The proposal, currently under discussion in Phase 2 at the GnosisDAO forum, aims to secure a substantial $1.5 million investment to foster this pioneering venture.
This collaboration seeks to merge HOPR’s innovative privacy technology with Gnosis’s blockchain, focusing on creating a decentralized VPN that enhances user privacy across blockchain interactions.
GnosisDAO has decided on a combined investment of US$1.5M and 500 GNO tokens in @hoprnet, a pioneer in providing fully private, uncensorable data exchange between peers, to undertake the development of the fully decentralised GnosisVPN.
Let's have a look details and more↓ pic.twitter.com/Imw1bLt2B8
— Gnosis 🦉 (@GnosisDAO) April 26, 2024 Enhanced Security and Accessibility The GnosisVPN initiative represents a critical evolution in blockchain privacy, focusing on enhancing the security and accessibility of blockchain applications.
By addressing the limitations of traditional VPN solutions, which often suffer from centralization and potential data mishandling, GnosisVPN aims to provide a decentralized alternative.
This service will utilize HOPR’s mixnet technology to offer a resilient, censorship-resistant network, enabling safer and more private data transmission across blockchain platforms.
The development of GnosisVPN is set to unfold in two phases, starting with a focus on HTTP and Web3 users. The initial goal is to launch a browser extension that facilitates access to various services within the Gnosis ecosystem, such as Cowswap, Safe, and the HOPR Staking Hub.
This phased approach allows for rigorous testing and scaling of the network to ensure robust performance under increased loads. HOPR plans to expand the VPN’s capabilities to support a wider range of data transport protocols, making it a versatile tool for various online activities.
Strategic Partnership for a Decentralized Future This proposal not only signifies a major milestone for HOPR in terms of funding but also aligns with their long-term vision of supporting comprehensive data transport privacy. GnosisDAO’s potential investment would extend HOPR’s operational runway significantly, allowing them to dedicate substantial resources to bring GnosisVPN to fruition.
Furthermore, this venture promises to position both HOPR and GnosisDAO at the forefront of decentralized technology innovation, paving the way for a more interconnected and privacy-respecting digital landscape.
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Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
Today, the wider digital asset market continues to experience consolidation. As a result, its broader market capitalization saw a minor increase of 0.28% to $3.24 trillion. Its transaction volume witnessed a slight rise of 2.73% to $99.63 billion. Also, the fear and greed index surged to 50 from yesterday’s 48. This suggests that the market maintains a neutral sentiment, with stable market liquidity and less volatile coin prices.
📈Market Overview
President of Argentina Javier Milei launched the $LIBRA memecoin. Within two hours, insiders sold over $70M worth of tokens, causing the price to plummet from $4.5 to $0.16.@JMilei later deleted his tweet and distanced himself from the launch, claiming no… pic.twitter.com/3SqHaqP6ia
— CryptoRank.io (@CryptoRank_io) February 15, 2025 The broader market witnessed a volatile week, leaving traders uncertain about its short-term movement. The market correction was mainly triggered by macroeconomic concerns, especially economic policies recently signed by the US government.
Today, Bitcoin price consolidates around the $97k. The asset saw a minor increase of 0.62% over the past 24 hours, currently placing its value at $97,633.31. Ethereum also holds its value at $2,714.67, after seeing a slight surge by 0.56%.
Other major tokens have experienced mixed results today. XRP, Dogecoin, and TRON gained up 2.11%, 3.26%, and 0.77% respectively. Others like Solana, BNB, and Cardano are down 2.99%, 1.44%, and 1.59%, in that order.
LIBRA meme coin Yesterday on Friday, Feb.14, 2025, Argentina President, Javier Milei, launched a meme coin called LIBRA. However, after 2 hours of the token’s trading, insiders liquidated their holdings worth millions of dollars, causing the asset’s price to plunge from $4.5 to $0.16.
President Milei later disowned his association with the meme coin, stating that he has no connection with the project. He, however, admitted that he had not taken adequate time to research the asset before endorsing it. He later deleted his X account to contain a cascading effect.
Top news Today, significant events that occurred in the broader digital asset market include the following:
Kaito AI, an AI-focused crypto transaction search engine, released a whitepaper that announced an upcoming launch of its KAITO token. The forthcoming rollout will be accompanied by an airdrop program aiming to introduce the asset to the public and reward early investors.
Elsewhere, Tether announced its strategic investment in Juventus Football Club. The move by the USDT stablecoin provider to acquire a minority stake in the Italy-based football club led to a massive price surge of the JUV fan token.
Pump.Fun announced the launch of its mobile app. The mobile application aims to improve user trading experience. It allows users to purchase tokens, create watchlists for free, and manage their portfolios in the platform’s new Android and iOS app.
Lastly, Yuga Labs, the developers of the Bored Ape Club NFT, announced the sale of its Meebits NFT collection to a newly launched firm, Meebit. The sale is part of Yuga Labs’s strategy to reorganize its business priorities.
Top gainers Today’s top gainers are new faces showcasing the dynamic within the digital currency market.
Juventus Fan Token (JUV) emerged as the best performer in today’s market due to its strategic partnership with Tether, as highlighted above. As a result, the token recorded a tremendous 99.4% price rise over the past 24 hours.
AI Arena (NRN) secured the second spot with an incredible 83.6% surge over the same period. It was followed by HOPR (HOPR) with a 74% price uptick. Lastly, Sturdy (STRDY) and AC Milan Fan Token (ACM) closed today’s top gainers list with price increases of 47.3% and 36.25% respectively.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
HOPR crypto is soaring, up 18% with trading volume exploding by over 300% in the past 24 hours. What’s fueling this massive surge?
Summary
HOPR crypto is up 18% in the past 24 hours as its trading volume is surging 350%. The spike in volume, mainly driven by Coinbase Exchange, has fueled the rally, but the exact cause remains unclear. The HOPR crypto project aims to provide enhanced privacy and anonymity through a decentralized network of nodes, using its native token to incentivize privacy-focused services for users. Privacy-focused HOPR (HOPR) price is surging today, up 18% over the past 24 hours as it extends a breakout rally that began yesterday with HOPR crypto gaining 24% in a single day. The $26M market cap token is trading at $0.08 at press time, while its 24-hour Volume-to-Market Cap ratio stands at 33%, which reflects very high participation and liquidity inflows relative to the token’s size.
The surge appears to be driven by a sharp spike in trading activity, with HOPR’s 24-hour volume climbing to $10 million — a 345% increase, according to CoinMarketCap. Coinbase Exchange dominates the flow, accounting for more than 85% of total volume, with other significant contributions from MEXC and Gate.
Today’s HOPR crypto rally builds on an explosive breakout from July 18, when the token surged 55% in a single day, snapping a prolonged period of low-volatility decline and reviving momentum in the project.
Source: TradingView Why is HOPR crypto rallying? The exact catalyst behind today’s surge in price and trading volume remains unclear, as there have been no major announcements from the team that could explain this spike. However, on August 14, the team did release a developer update, outlining technical progress, including database optimizations, protocol refactors, and testing and workflow improvements.
But while these updates are important for devs and long-term users, they don’t typically generate such explosive trading volume. Therefore, this seems to be more of a technical breakout, which has pushed the token’s price up by 160% since its all-time low on July 2.
HOPR crypto is a privacy-focused blockchain project designed to provide enhanced privacy and anonymity for users on the decentralized web. The platform uses a unique mix of technologies, including a decentralized, incentivized network of nodes that obfuscate user data and transactions. The HOPR token is used to power the network by incentivizing node operators and enabling users to pay for privacy services.
A group of digital asset industry leaders have launched the Digital Assets Association (DAA) in Singapore.
The non-profit organization aims to bridge the gap between traditional finance and the potential of tokenized real-world assets (RWA) by bringing together financial institutions, fintechs, technology providers, and legal and regulatory experts.
Its committee comprises early-stage innovative companies, financial players, and service providers including:
Henry Zhang, Founder & CEO of DigiFTChia Hock Lai, CEO of OnfetDanny Chong, CEO of TranchessDaniel Lee, Head of Web3, Banking CircleSteven Hu, Head of Digital Assets, Trade & Working Capital, Standard CharteredChang Tze Ching, CEO of Bright Point International Digital Assets.Digital Assets Association Exco. (From left to right) Chia Hock Lai, CEO, Onfet; Danny Chong, CEO, Tranchess; Daniel Lee, Head of Web3, Banking Circle; Tze Ching Chang, CEO, Bright Point International Digital Assets; Henry Zhang, Founder & CEO, DigiFT; and Dr Steven Hu, Head of Digital Assets, Trade & Working Capital, Standard CharteredDAA's inception was spearheaded by the leaders of DigiFT, Onfet, and Tranchess. DigiFT is a regulated on-chain exchange for RWA. Onfet is a blockchain-based tech firm focusing on operational efficiencies. Tranchess is a tokenized asset management and derivatives tracking protocol.
Singapore’s DigiFT Wins MAS Regulatory Approval
DigiFT has graduated from the MAS FinTech Regulatory Sandbox to becoming a Capital Markets Services licence holder and a Recognised Market Operator
BlockheadBlockhead
It aims to share knowledge and best practices, develop industry standards, advocate for responsible adoption and empower future leaders.
Tokenization is expected to grow by a factor of 80x in private markets, reaching up to almost US$4 trillion in value by 2030, according to Citi.
A new report by Seedly and Coinbase has revealed that more than 1 in 2 Singaporeans own cryptocurrency.
Half of Singaporeans Own Cryptocurrency But Still No Bitcoin ETF
57% of Singaporeans own cryptocurrency but less than half are bullish about the asset class. MAS continues to say no to ETFs
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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February 15, 2024
Source: Midjourney Tranchess,
a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products . These products, dubbed “staYETH” and “turYETH,” aim to provide investors with diversified options for earning yield on their staked Ether (ETH).
Stable and Leveraged Options:
staYETH: Inspired by traditional “risk-free” investments, staYETH offers a steady, predictable return on staked ETH. This aims to attract investors seeking lower volatility and familiarity with conventional financial instruments.
turYETH: Designed for those seeking aggressive growth, turYETH utilizes leverage on yield differentials to potentially amplify returns when staking rewards increase. This caters to investors with higher risk tolerance.
Growing Interest in Liquid Staking The launch comes amidst growing interest in liquid staking, a DeFi segment that has shown resilience even during market downturns.
Tranchess highlights the rising institutional demand for sophisticated DeFi products and positions staYETH and turYETH as catering to both new and existing users seeking refined solutions.
The collaboration between Tranchess and Lido, one of the largest liquid staking services in DeFi, reflects a shared vision of democratizing access to staking for various investor types. Danny Chong, co-founder of Tranchess, said in a statement shared with Cryptonews,
DeFi has seen significant growth in the user base of Liquid Stakers, signaling market maturation despite the bear market. Notably, we’re witnessing a surge in institutional interest, a clear indicator that the market is evolving beyond its early stages.
Both parties anticipate the next DeFi wave to be driven by innovative and accessible products like staYETH and turYETH.
With the approval of the Spot Bitcoin ETF and the possible future of a Spot Ethereum ETF, an increased need for liquid staking solutions is expected.
Tranchess is an asset tracker that enhances returns through various risk-return solutions. Tranchess provides a different risk/return matrix from a single master fund that tracks a specific underlying asset. The name Tranchess is inspired by the game of chess and the French word “Tranche,” commonly associated with tranche funds that cater to investors with different risk appetites. Tranchess was launched on June 24, 2021.
According to the explanations, the Tranchess platform offers its users the following opportunities:
Enhanced yield returns without permanent lossesLeveraged positions at low cost and without forced liquidationZero Lock-up Period for QUEEN holdersPreventing Oracle Attacks using TWAP (Time Weighted Average Price)The project benefits from smart contracts that make processes transparent and automatic. The protocol allows users to earn more by tracking BTC, lending their tokens, or leveraging without forced liquidation. Users also receive a share of platform earnings as part of their staking yields. The Tranchess ecosystem provides gains from both NAV and yield perspectives.
The platform’s smart contracts do not rely on price feeds from other smart contracts, making them highly resistant to price manipulations such as flash loan attacks. The Tranchess price oracle uses a 30-minute TWAP instead of discrete oracle prices, minimizing the chance of oracle manipulation attacks. The Tranchess Oracle extends the Open Oracle standard by Compound, accepting signed price data from two sources (Coinbase and OKEX) and calculates the time-weighted average price (TWAP) for every 30-minute period.
On the other hand, the Tranchess Protocol is the brainchild of Co-founder Danny Chong and Team. The concept was initiated in 2020 with a team from diverse experiences and roles at technology companies like Google, Facebook, Microsoft, and investment banks such as Morgan Stanley, UBS, and BNP Paribas.
The technology team is particularly experienced in cybersecurity concerning investment and DeFi protocols; their knowledge in smart contract coding will contribute to maintenance and upgrades in the coming years.
How to Buy Tranchess Coin?CHESS Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy CHESS Coin, one must first sign up for Binance and then send fiat currency. After sending a fiat currency such as the dollars, the purchase of CHESS Coin can be made in the CHESS trading pairs with Binance Coin (BNB), Tether (USDT), BUSD, and Bitcoin (BTC).
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.
Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin...
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Last updated:
April 17, 2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, has collaborated with StakeStone, and Scroll to launch a new yield product, Queen Stone (stoneQUEEN).
In an announcement, Tranchess, Scroll, and StakeStone said they are addressing the recent surge in demand for DeFi products and services by offering users the opportunity to explore multiple DeFi protocols.
Queen Stone will use Scroll’s zero knowledge (ZK) technology. Tranchess will provide its expertise in yield optimisation and risk management combined with StakeStone’s staking solutions offering additional avenues for yield generation
“This integration introduces a complex, layered approach to yield optimisation, providing users with multiple sources of yield through native staking rewards, Stone points, Scroll marks, and Tranchess airdrops, along with additional earnings from LP pools,” said says Danny Chong, CEO and Co-Founder of Tranchess in a press release.
“As such, Tranchess StakeStone Fund deployed on Scroll empowers investors to explore multiple yield sources across DeFi protocols, enabling them to access diverse yield generation avenues,” adds Chong.
Dencun Upgrade Sees Surge in Demand for DeFi Products According to Tranchess a month into the Dencun upgrade, the DeFi community has been watching to see how prominent L2s will deliver cheaper transactions. There has been a surge in demand for DeFi products. DeFi’s TVL surged to a record-breaking high of plus $86 billion. This indicates a growing need to make DeFi more accessible to a broader audience.
Ethereum’s much-anticipated Dencun upgrade was scheduled for a mainnet launch on March 13, following successful testnet launches in February. The upgrade marked a significant milestone in Ethereum’s evolution and had an impact on the wider market.
In January, Tranchess, announced the launch of two new staking products. The products, dubbed “staYETH” and “turYETH,” aim to provide investors with diversified options for earning yield on their staked Ether (ETH).
Back then Tranchess said there is rising institutional demand for sophisticated DeFi products and positioned staYETH and turYETH as catering to both new and existing users seeking refined solutions.
Tranchess (CHESS), a tokenized asset management and derivatives trading protocol, has recently secured a landmark feat. The crypto project garnered noteworthy optimism today as the world’s leading crypto exchange, Binance, announced futures listing for its native token. This announcement promptly gained traction across the broader crypto industry as CHESS price rocketed nearly 41% in tandem with the announcement.
Crypto market participants appear to be speculating over the asset’s future price trajectory.
Binance Launches USD-Margined Perpetual Contract For Tranchess (CHESS) According to an official Binance announcement dated August 29, the futures trading arm of the firm launched the CHESS/USDT perpetual contract today at 07:30 UTC. The platform’s colossal user base remains free to enjoy up to 75x leverage trading the asset.
This mover by the leading crypto exchange comes as an effort to enhance user offerings. Meanwhile, the underlying asset remains Tranchess. Further, the exchange set the capped funding rate at +2.00% / -2.00%.
However, the official announcement also revealed that the exchange may revamp the futures listing contract periodically, including changes in funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements. Nevertheless, the listing saga appears to have fueled phenomenal gains in CHESS price.
Additionally, another renowned crypto exchange, BingX, announced that CHESS perpetual and standard futures were now live on the platform. This listing adds to market optimism for the token.
Token Price Soars 41% With Futures Listings As of writing, CHESS price soared 41% to trade at $0.2193. The token’s intraday lows and highs were $0.1422 and $0.2237, respectively.
Today’s rising price action primarily aligns with the abovementioned futures listing announcements. As seen previously, even VIDT price skyrocketed nearly 59% with Binance’s futures listing approximately a week ago. At present, VIDT DAO’s weekly gains total a staggering 137%, solidifying optimism on CHESS price action ahead.
In addition, tokens POPCAT & SUN prices also rallied remarkably recently with the CEX’s futures listing. However, market stats add a tint of uncertainty on the asset’s future price movements.
Although technicals hinted at a strong buying sentiment for Tranchess, the RSI raised strong concerns. At press time, the token’s RSI hovered into an overbought territory, resting at 78. This indicates a potential price rebound may also be imminent.
Crypto market enthusiasts continue to extensively eye the crypto for future price action shifts. It’s worth noting that Coinglass data spotlighted futures open interest for the asset at $2.58 million. Moreover, the derivatives volume stood at $15.68 million after the listing announcement.
Tranchess (CHESS) is an asset monitor that enhances yield through various risk/return services. Tranchess provides a single main fund tracking a specific underlying asset, offering a different risk/return matrix. The name “Tranchess” is inspired by the game of chess and the French term “Tranche,” which is commonly associated with tranche funds targeting investors with different risk appetites.
Tranchess was launched on June 24, 2021. The main fund, also known as the Queen token, tracks a specific underlying asset and can be split equally into two sub-funds. In addition, most popular DeFi features like single-asset farming, borrowing/lending, and trading are available on the platform.
The Tranchess project utilizes transparent and automated smart contracts that operate between processes. The protocol enables users to earn more by tracking cryptocurrencies, lending their tokens, or taking advantage of leverage without mandatory liquidation. Users share in platform earnings as part of their returns. The Tranchess ecosystem provides returns from both NAV and yield perspectives.
Where to Buy CHESS Coin?Tranchess Coin can be safely traded on Binance, the world’s largest cryptocurrency exchange by trading volume. CHESS Coin is traded on Binance under the pairs CHESS/BTC, CHESS/BNB, CHESS/USDT, and CHESS/BUSD.
To buy Tranchess Coin, you must first become a member of the Binance exchange. Once the membership is complete, you need to transfer cryptocurrency or fiat currency to the Binance wallet. After completing the transfer, you can buy CHESS Coin from any of the four pairs mentioned above. To purchase via the CHESS/USDT trading pair, go to the interface of this pair. In the limit section of the CHESS/USDT interface, enter the desired purchase amount. After specifying the amount, complete the purchase by placing a CHESS Buy order.
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 December 5th that Binance will suspend deposits and withdrawals for the following "designated networks" tokens at 16:00 (UTC+8) on December 12th, 2025 : Tranchess (CHESS, Ethereum Network), dForce (DF, BNB Smart Chain), and Aavegotchi (GHST, Polygon Network). After the suspension, deposits made through these networks will no longer be credited to your account, potentially resulting in asset loss. Users can still deposit and withdraw these tokens through other networks supported by Binance.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
6 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
6 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
6 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
6 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
6 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
6 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
6 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
6 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
6 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
6 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
PANews reported on February 2nd that, according to an official announcement, Binance has decided to suspend trading and delist the following cryptocurrencies at 11:00 AM (UTC+8) on February 13th, 2026: Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN).
Binance stated that it will regularly review the digital assets listed to ensure a high standard of quality. When a token no longer meets listing standards or there are significant changes in the industry environment, a thorough project review will be conducted, and it may be delisted.
Binance announced that it has delisted the altcoins Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN).
02.02.2026 - 09:24
Update: 02.02.2026 - 09:24
Binance, the world’s largest cryptocurrency exchange, continues its altcoin delisting at full speed. After delisting many altcoins in January, Binance recently announced the delisting of six more altcoins.
Accordingly, Binance announced that it has delisted the altcoins Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN).
“At Binance, we conduct periodic reviews to ensure that every digital asset we list continues to meet high standards and industry requirements.”
….
Based on our latest assessments, we have decided to discontinue trading and delist the following token(s) in all spot trading pairs on 13.02.2026 at 03:00 (UTC):
ACA, CHESS, DATA, DF, GHST and NKN”
Following the delisting news, altcoin prices experienced significant drops.
“Spot trading pairs for these tokens will be discontinued.”
All trading orders will be automatically deleted after the transactions in the relevant trading pairs have ended.
Binance will discontinue its Trading Bot services for the aforementioned spot trading pairs on February 13, 2026 at 03:00 (UTC), where applicable.
Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 06.02.2026 at 03:00 (UTC).
The value of the tokens in question will no longer be displayed in user accounts after delisting.
These tokens will not be credited to users’ accounts after 03:00 (UTC) on February 14, 2026.
Withdrawals of these tokens from Binance will no longer be supported after April 13, 2026, 03:00 (UTC). Delisted tokens can be converted to stablecoins on behalf of users after April 14, 2026, 03:00 (UTC).
*This is not investment advice.
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zkRace (formerly DeRace), the leader in Web3 horse racing games and the world’s 1st cutting-edge zk-rollup infrastructure tailored for GameFi, enters a strategic partnership with Transak, crypto’s leading fiat-to-crypto payment gateway. This collaboration is set to launch a Transak on-ramp solution for the ZERC token on the zkRace platform, marking a significant step toward broader game accessibility and mass adoption.
Although considered a niche within the broader blockchain gaming space, NFT horse racing games have positively impacted the Web3 industry by attracting several users. These games offer a straightforward and practical use case for beginners to explore the space and for advanced users to deploy their crypto capital.
zkRace stands out as the first horse racing game to leverage zero-knowledge proofs (ZKPs), a cutting-edge technology that enhances security and efficiency. By incorporating ZKPs, zkRace ensures that transactions are not only faster but also more secure, setting a new standard in the blockchain gaming industry.
The integration of Transak’s on-ramp solution enables the zkRace community to easily purchase ZERC tokens, which are essential for participating in the immersive Web3 horse racing experience. By simplifying the process of acquiring ZERC through more than 20 payment methods, including Visa, Mastercard, and Apple Pay, the partnership aims to remove barriers for non-crypto users and accelerate player onboarding.
Further, the utility of ZERC tokens extends beyond horse racing. They can also be used to serve as gas fees for other GameFi projects utilizing the zkRace layer 2 zk-rollup Validium infrastructure.
Adomas Juodisius, Founder and CEO of zkRace, emphasized the impact of this partnership, stating, "Integrating the Transak on-ramp is a game-changer for zkRace. It not only enhances our game's accessibility but also serves as a critical bridge for non-crypto users. This simplicity in acquiring ZERC tokens will significantly aid in onboarding players from the general public, pushing us closer to our goal of mass adoption."
The advantages of this partnership are clear:
Faster Player Onboarding: Streamlining the entry process allows new players to join the game quickly. Accessibility for Non-Crypto Users: The Transak solution provides an easy entry point for those unfamiliar with cryptocurrencies. Mass Adoption of the Game: By lowering entry barriers, zkRace is set to attract a broader audience, increasing its user base and community engagement. “At Transak, we strongly support the growth of practical Web3 games. This exciting partnership with zkRace marks another significant milestone towards our vision. Through this collaboration, users can easily onboard and purchase in-game assets with fiat currency, making zkRace and its Web3 features accessible to millions across 160+ countries.” said Sami Start, Co-founder & CEO at Transak.
This partnership reflects zkRace's commitment to making blockchain gaming more accessible and enjoyable for a global audience, further establishing its role as a pioneer in the GameFi industry. As zkRace continues to innovate and lead in this space, the community can expect ongoing enhancements that will enrich their gaming experience and expand the game’s reach.
For more details on how to get started with ZERC and to join the exciting world of Web3 horse racing, please visit the zkRace platform.
About zkRacezkRace (formerly DeRace) is both the front-running Web3 horse racing game and the world’s 1st cutting-edge zk-rollup infrastructure tailored for GameFi and powered by ZERC token.
zkRace is more than just a game; it’s a paradigm shift in the Web3 gaming space at large.
For more information on zkRace, visit https://zkrace.com/ or follow them on https://x.com/zk_Race
About TransakTransak is the world's most compliant and largest Web3 payments infrastructure provider, serving over 5 million users across 160 countries. It powers 350+ platforms, facilitating the purchase and sale of digital assets with its API-driven fiat-crypto on/off-ramp, NFT checkout, and other solutions that simplify KYC, compliance, payment methods, and customer support.
Headquartered in Miami, US, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.
For more information, visit transak.com or follow us on x.com/transak and linkedin.com/company/transak
Crypto and decentralized finance wallet provider Fordefi said Wednesday it is expanding to the booming Indonesian market with powering local cryptocurrency trading platform Pintu's web3 wallet offering.
The move is part of Fordefi's plan to introduce its offering, mostly used by institutional participants such as Pantera Capital and market maker Keyrock, to exchanges, fintech platforms that serve retail investors.
Pintu's 20 million users will be able to self-custody their digital assets and access decentralized applications with Fordefi's tech in the backend, while benefiting from security features such as transaction simulation and risk alerts.
Fordefi aims to make crypto safer with its self-custodial wallet with multi-party computation (MPC) that divides a single private key among multiple parties, eliminating a single point of failure. MPC wallets are harder to hack and make interaction with DeFi apps less risky.
Read more: Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its wallet offering. It also raised $10 million from venture capital investors led by Electric Capital earlier this year.
"The lack of security and guardrails in place for retail investors has stifled Web3 adoption," Josh Schwartz, CEO of Fordefi, said in a statement. "With Fordefi, retailers can leverage the same security infrastructure used by the most sophisticated institutions in the market.”
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In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez’s analysis, delivered through detailed chart reviews published on X, provides a robust case for TON’s impending price movement, underpinned by classical chart patterns and Fibonacci retracement levels.
Toncoin Is on The Verge Of A Major Breakout Martinez’s first chart showcases TON/USDT plotted on a 12-hour timeframe, demonstrating a classic ascending triangle pattern. This pattern is recognized in technical analysis as a bullish signal, particularly when it forms during an uptrend as is evident with TON.
An ascending triangle is characterized by a flat upper resistance line—here, at approximately $7.54—and a rising lower trendline that sequentially creates higher lows. The convergence of these lines indicates dwindling supply and increasing demand, suggesting that a breakout is likely as the price compresses.
The target price of $11, which implies a 40% increase from the triangle’s resistance line, is derived using the measured move method. This method calculates the breakout target by adding the widest point of the triangle to the breakout point. In TON’s case, the widest part of the triangle spans approximately $3.07 (40.03%), projecting from the breakout resistance could ideally set the price near $11.
Martinez extends his analysis on a separate 4-hour chart of TON’s performance in a Tether (USDT) perpetual contract on Binance. This chart employs Fibonacci retracement levels to further refine the support and resistance thresholds. The Fibonacci levels, drawn from recent highs and lows, reveal crucial supports at $7.44 (23.6% retracement), $7.30 (38.2% retracement), $7.1912 (50% retracement) and $6.9220 (78.6% retracement).
Compounding the technical narrative, the TD Sequential indicator—an advanced tool used to predict price reversals—points to a potential short-term pullback. Martinez notes this indicator suggests that TON might dip to around $7.2, aligning with the 23.6% Fibonacci level, before making the significant bullish leap. This dip is interpreted as a strategic entry point for investors, providing a lower risk buying opportunity before the anticipated breakout.
“Toncoin is gearing up for a potential 40% breakout, aiming for $11! However, the TD Sequential indicator suggests TON might briefly dip to $7.2 to gather liquidity before the upswing,” Martinez noted via X.
For traders and investors, understanding the strategic significance of the $7.2 entry point is crucial. This level not only represents mid-point of the retracement but also serves as a psychological support zone, where the market might consolidate gains before accumulating enough momentum for the potential breakout.
At press time, Toncoin traded $7.59.
TON price is on the verge of a new all-time high, 4-hour chart | Source: TONUSDT on TradingView.com Featured image from Pintu, chart from TradingView.com
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
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Recently, crypto analysts have been attracted to Bitcoin Cash (BCH); Alan Santana provided an extremely intricate analysis concerning the coin’s future. He advises investors though to hold off on accumulating BCH until the market shows clearer signs of stability.
The cautious outlook for Santana was based on the notion that, from his belief, the correction in the market wasn’t over yet. He indicated that BCH still might be due for a little room down to the bottom, likely to precede the bull market expected in 2025.
Strategic Accumulation And Market Timing The analyst focuses on a meticulous accumulation strategy. Santana advises investors to wait for signals of the bottoming of the market before buying BCH. He says such patience can pay off handsomely. He also encourages one to look at both linear and logarithmic graphs, for each offers a different perspective into price action. This gives a greater overview of where BCH might be headed when both of them are combined.
✴️ Bitcoin Cash Pre-2025 Bull-Market Accumulation Zone & Strategy
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Of course, these potential returns would be for those willing to follow the advice. However, he also cautioned that such gains would most likely have to travel through further declines on the market. Timing and patience in riding out wildly swinging markets are thus what seem to be emphasized more than anything else with his strategy.
BCH is independent of the broad market trend. In 2021, BCH led in May, a little ahead of other altcoins. In the year 2023, BCH started off in June to peak in April 2024. This time difference right here can give BCH an added strategic advantage for investors who understand that market behavior.
World Of Charts, another analyst, recently offered an upbeat prediction for Bitcoin Cash’s (BCH) price trajectory. WOC believes that BCH is almost ready for a big bounce in the upcoming weeks.
BCH market cap currently at $6.6 billion., Chart: TradingView BCH was trying a number of resistance levels at the time of his research. These milestones functioned as obstacles that BCH had to clear in order to pursue new annual highs. According to the analyst, a significant price gain may occur if BCH is able to overcome these resistance levels.
Short-Term Outlook: Resistance And Growth While Santana’s view for the long term is very conservative, the short-term BCH forecasts are pretty optimistic. CoinCheckup data interprets this to mean a possible 4.80% increase BCH over the next three months. This growth could be driven by steady accumulation and mild bullish momentum. Though modest, this could position BCH to test the $230-$240 resistance zone.
Further out, the six-month outlook for BCH is a projected 14% rise. Assuming BCH can break out of its current resistance levels, the target will be the $270-$280 zone. But more so important will be how the market reacts at those levels, and that shall be the determinant as to whether BCH will keep the momentum or there will be heavy pullbacks.
Featured image from Pintu, chart from TradingView
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
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The Solana native coin is generating news as it goes against the trend, lately surpassing $176 in a move that has piqued the crypto world’s interest. This gain is especially surprising given the sour mood around the crypto just weeks ago, with several analysts predicting the altcoin would suffer.
SOL breaks past $176. Source: Coingecko But Solana has defied the odds, increasing both in price and in market confidence. According to analyst Miles Deutscher, the gain coincides with a broader increase in positive sentiment for Solana, encouraging industry-wide discussions about its potential.
Solana sentiment and mindshare keeps going through the roof.
But the run is far from over.
I just uploaded an important $SOL update, including:
• My price prediction
• My top ecosystem picks
If you hold Solana, you need to watch this video 👉https://t.co/fsa8qabYHE pic.twitter.com/KX7xeG3gkn
— Miles Deutscher (@milesdeutscher) October 24, 2024
Technical signs indicate an even brighter future for the fifth-largest altcoin. According to experts, Solana’s present trajectory, which is supported by a bullish pennant pattern, indicates that SOL might reach as high as $260 if it breaks past resistance.
📈 Solana is outperforming most altcoins as prices are looking to rebound after a big fall Wednesday. The #5 market cap asset continues to be a prime example of how the crowd usually gets it WRONG. View the current bearish sentiment as a sign SOL can continue to pump. pic.twitter.com/pRkCnyxRxh
— Santiment (@santimentfeed) October 23, 2024
Increasing Interest And Technical Indicators As Solana’s price rose, observers saw a dramatic surge in positive sentiment about the asset. According to data, the number of discussions surrounding Solana has contributed to the upsurge observed in the slant.
Mindshare (a measure of the percentage of crypto discussions a coin commands) has remained high. For Deutscher, the increasing attentiveness on Solana is a sign that there is even more room for growth, contrary to the prevailing tendency in the market.
Although some investors are wary, experts say the technical terrain is still favorable. If the item breaks over its barrier, the optimistic pennant formation in SOL’s price action usually denotes more gains. Depending on if Solana can break out from its present level, its token’s price might be positioned for a notable climb toward $260.
SOL market cap currently at $82.8 billion. Chart: TradingView.com The Ethereum-Solana Rivalry Surprisingly, Solana’s comeback happens at the same time that Ethereum co-founder Anatoly Yakovenko shows his accolade on Ethereum. Solana and Ethereum are competitors, but Yakovenko recently praised Ethereum’s core technology and said he liked its design and goal.
I like @BanklessHQ and ethereum. I even like the ethereum design and vision. If you told me to go build an alternative to bitcoin, ethereum settlement layer focused design is what I would steer the engineering towards.
If that’s the vision, ethereum can just embrace all the…
— toly 🇺🇸 (@aeyakovenko) October 24, 2024
This is of interest to people as they are generally two competing networks that try to outdo each other in offering superior decentralized apps and smart contracts functionality.
Ethereum has long been the preferred protocol among developers, but Solana, dubbed a “Ethereum-killer,” has quickly gained favor because to its speed and lower transaction fees. Yakovenko’s recognition demonstrates a developing sector in which competitors can acknowledge each other’s contributions to blockchain innovation.
Future Perspectives And Market Sentiment Meanwhile, Deutscher feels Solana’s price might double or possibly quadruple, particularly if Bitcoin rises to new highs, say $100,000. SOL’s continued performance despite recent falls suggests that it may have strong community and long-term holders. For the time being, SOL is a coin to keep an eye on, and with increased sentiment and a technical boost, it appears to be on track to continue challenging expectations.
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Within a few hours following a tweet by Changpeng Zhao, the CEO of Binance, the Travala token, AVA, has risen by 300%. For the crypto travel agency, which lately revealed having reached $100 million in annual revenue, this increase marks a turning point. From $0.80 to $30.1, the price of AVA has exploded, courtesy of growing interest in the use of digital currency in the travel industry.
Binance Early Investment Binance had already invested in Travala before the pandemic, as disclosed in Zhao’s tweet on December 12. Both investor confidence and Travala’s position as a frontrunner in the space of crypto bookings were bolstered by this statement. At the time of writing, AVA was trading at approximately $2.51, showcasing its remarkable recovery since hitting an all-time low earlier this year.
AVA sustains a weekly rally. Source: Coingecko Travala Strategic Initiatives Travala has come up with a new way to handle bank reserves, which includes both AVA and Bitcoin (BTC). This change was made purposefully to strengthen its market position and urge more people to use cryptocurrencies to book travel. According to Juan Otero, CEO and co-founder of Travala, the plan shows their commitment to better customer experiences while keeping their finances strong.
We invested in this crypto travel platform pre-COVID, pre-crypto winter, and held on. BUILD! https://t.co/q40IZ4xfM3
— CZ 🔶 BNB (@cz_binance) December 12, 2024
Travala is changing the way people book travel as it accepts more than 100 cryptocurrencies as a form of payment. The platform allows users to reserve hotels, flights, and activities in 230 countries, offering a wide option for visitors looking to use digital currencies.
AVA is currently trading at $3.05. Chart: TradingView AVA And Cryptocurrency In Travel The rise in AVA’s price points to a more general trend towards digital currency integration in the travel sector than just temporary change. Platforms like Travala are likely to get rather popular as traditional travel companies become convinced of blockchain technology’s possibilities. The disclosure of their treasury reserves is expected to attract more investors looking for innovative ideas in the crypto field.
Analysts, meantime, envision a great future for AVA. Forecasts indicate that should present trends continue, the altcoin might see significant increase in 2024 and beyond. Through continuous innovations and cooperative efforts with reputable travel agencies, Travala is starting to take front stage in the evolving sector of cryptocurrency travel.
The significant increase in Travala’s AVA token after CZ’s endorsement exemplifies the influence of social media and prominent individuals on market dynamics. As Travala persists in innovating and broadening its services, it might potentially usher in a new epoch of travel driven by digital currency.
Featured image from Pintu, chart from TradingView
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
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Dogecoin (DOGE) is gaining much attention as experts speculate it will surpass industry titans like Bitcoin (BTC) and XRP.
During bull markets, Dogecoin has shown remarkable performance, and because of Elon Musk’s influence on the market, this token may see a drastic change in its course in the coming months, stated WIZZ, a cryptocurrency analyst.
Will Elon Musk Change The Game? Musk’s involvement in the meme coin has caused previous price jumps in Dogecoin. WIZZ maintains that Musk’s upcoming ventures; including those of the upcoming Trump administration may thrust DOGE past other major altcoins. In light of surging interest into Musk’s endeavors, many in the digital currency scene are seeing a similar frenzy as his past sponsorships set off waves.
One interesting fact has been Musk supposedly heading the “Department of Government Efficiency” during the Trump administration. Whether such an association could be purely by coincidence, cryptophiles say it’s just the opportunity in which the life of the coin is to be sparked.
$DOGE will outperform most majors the coming 3/6 months
U heard it here
Elon marketing starts soon.
— WIZZ🥷 ( beware scammers ) (@CryptoWizardd) January 6, 2025
Dogecoin: Historical Performance The explosive nature of Dogecoin can’t be denied, if we are to base its price action on historical trends. Analyst Ali Martinez found that during the 2020–2021 bull market, DOGE increased by more than 15,000. If history repeats itself, its token might reach a height of $23 or $1 to $3.
Dogecoin is selling at about $0.33 right now. It has been going down a little, and it retreated by 2.40% in the last 24 hours. But some strong fundamentals and community support should be enough to give the meme coin some vigor in the months ahead. Based on data from CoinCodex and IntoTheBlock, there is more action on the blockchain, which suggests that investors are once again getting interested in DOGE.
DOGE market cap currently at $49 billion. Chart: TradingView.com Does Dogecoin Have The Wherewithal To Compete With Bitcoin & XRP? Both Bitcoin and XRP have strengthened their positions in the market. Bitcoin is leading the way in institutional adoption, while XRP focuses on cross-border payment options. Dogecoin, on the other hand, gets a lot from both its active community and Musk’s support.
Although outperforming Bitcoin and XRP is a daring forecast, Dogecoin has a track record of exceeding expectations.
WIZZ’s claim matches some predictions that Dogecoin will thrive in the coming market cycle. These estimates emphasize Musk’s impact and the token’s investment appeal.
Will DOGE Fail Or Succeed? Dogecoin may succeed, but the cryptocurrency industry is volatile. Even major past achievements does not guarantee future success. Investors should diversify, educate themselves, and weigh the risks.
Dogecoin may not outperform Bitcoin and XRP. However, its ability to upend the cryptocurrency hierarchy ensures its continued prominence in 2025.
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Prominent crypto analyst Ali Martinez has shared a bullish prediction on the NEAR market suggesting a potential 15% gain is on the horizon. Amidst a major downtrend, Martinez’s latest forecast reveals the altcoin could soon see a significant market rebound.
Inverse Head-And-Shoulders Pattern Forms As NEAR Prepares For Rally In an X post on April 11, Ali Martinez shows a technical analysis of the NEAR 3-day chart revealing the formation of an inverse head-and-shoulders pattern which signals a potential price upswing. In financial markets, the inverse head-and-shoulders pattern is a bullish formation that often acts as a reliable indicator of a trend reversal.
As the name implies, it consists of three troughs in the form of the left shoulder, the deeper “head”, and the right shoulder as evidenced by the price action between April 7 and April 11 on the NEAR chart. Notably, a descending neckline connects the highs between these troughs and serves as a key resistance level.
Source: @ali_charts on X According to Ali Martinez, NEAR is gradually approaching this neckline, a decisive breakout above which would confirm the bullish reversal and initiate a price rally toward 2.40. Interestingly, NEAR’s relative strength index on its daily chart has recently left the oversold zone backing Martinez’s prediction of an impending price reversal. However, market bulls should still expect to face some resistance at the 1.000 and 1.272 Fibonacci extension levels at $2.10 and $2.34.
On the other hand, if the NEAR bulls fail to break above the descending neckline, it could invalidate the current bullish setup and potentially force a price fall to support levels around the $1.96 and $1.82 price zones.
NEAR Price Outlook At the time of writing, NEAR is trading at $2.09 following a price gain of 4.34% in the past day. On larger time frames, the altcoin is down by 16.12% on the weekly chart and 17.58% on the monthly chart showing short-term investors are holding significant losses.
According to data from CoinCodex, the general sentiment in the NEAR market remains highly bearish. Meanwhile, the Fear & Greed Index stands at 25 reflecting an Extreme Fear among investors. Contrary to Martinez’s positive predictions, these analysts predict NEAR to maintain its current downtrend in the short term with predictions of $2.07 in five days and $1.90 in a month.
In the long term, Coincodex still maintains a bearish outlook on the NEAR market projecting a market price of $1.58 in three months i.e. a potential 24% decline from current market prices.
NEAR trading at $2.084 on the daily chart | Source: NEARUSDT chart on Tradingview.com Featured image from Pintu, chart from Tradingview
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
Opulous is a significant player in the realm of digital assets. It has recently unveiled a strategic partnership with PolyTrade. It is a globally recognized leader in real-world asset (RWA) marketplaces. This collaboration marks a pivotal moment for Opulous. It will start a new era of opportunity and expansion for its real-world asset-backed products.
🤝 RWA Partnership Announcement
Opulous is proud to announce our strategic partnership with @Polytrade_fin, the world's leading marketplace for Real-World Assets.
— Opulous (@opulousapp) February 28, 2024 Opulous Revolutionizes Music Industry Through Real-World Asset Backing PolyTrade’s cutting-edge platform for finding, tokenizing, and selling real-world assets makes it a leader. PolyTrade meets the growing need for RWAs best by offering participants a complete way to participate in many offerings.
Opulous is leading the way in tokenization to change the music industry worldwide. Opulous designs products backed by real-world assets to empower fans and artists in the $28 billion music industry. This method changes how people make money and makes the music industry more fair and helpful.
Opulous and PolyTrade are collaborating to bring OVAULT, Opulous’s most popular product, to PolyTrade. OVAULT offers investors a tempting chance to use USDC, a digital currency, to get a stable, low-volatility music earnings share. With a promising 10% annual return from music catalog revenues, OVAULT’s wide range of artists, including BTS, Prince, and Mariah Carey, makes their music accessible to many.
In a few weeks, investors can join OVAULT’s next round to learn more. Opulous and PolyTrade will make secondary market trading for OVAULT easy to ensure asset holders’ liquidity. OVAULT will be listed on PolyTrade in April after its launch. This will increase investment opportunities for fans.
PolyTrade Expands Asset Options with OVAULT Integration Investors can now choose from more real-world assets on PolyTrade with OVAULT. PolyTrade users can invest in music, one of the fastest-growing real-world assets, through OVAULT. It’s near Pokémon cards and real estate.
PolyTrade and Opulous are preparing a variety of dynamic marketing campaigns to accompany their partnership. These projects aim to bring Opulous to many real-world asset communities and let users earn OPUL on Arbitrum, a promising digital currency.
Opulous and OVAULT have much to anticipate. When PolyTrade launches in April 2024, investors will have many secondary market OVAULT trading opportunities.
Ultimately, Opulous and PolyTrade’s partnership advances real-world asset-backed products. Digital assets are constantly changing, and partnerships like this make the market more open, liquid, and innovative.
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.
The IFPI reports that music streaming now generates 67% of the music industry’s revenue. This shift alters music consumption and monetization, posing challenges and opportunities for artists. However, this also means that musicians depend on very few sources of income and Opulous aims to solve this.
How Opulous Empowers Music Artists Financially With music streaming solidifying as the main revenue source, artists are innovating to diversify income and secure their financial future. One pioneering platform at the forefront of this revolution is Opulous, which offers Real World Asset (RWA)-backed products designed to empower music creators and investors.
Many people enjoy music from artists like Drake and Taylor Swift, but only a few benefit financially from their success.
However, music can be a highly profitable investment – @opulousapp allows both artists and investors to thrive by leveraging RWAs.
Opulous introduces a groundbreaking approach to music monetization through its unique offerings, including Music Fungible Tokens (MFTs) and the $OVAULT platform. These products help artists directly benefit from streaming revenue, offering a new way to monetize their work.
More About MFTs and the OVAULT Platform MFTs are a form of digital asset that represents a stake in the streaming revenues of a specific music track or album. By purchasing MFTs, investors can directly support their favorite artists while also earning a share of the streaming revenue. This not only provides a new revenue stream for artists but also deepens the connection between musicians and their fans.
You will get #MFTs just for holding $OPUL and u can increase your tickets every day using prize draws and tasks on the website.
We have some incredible pieces of tech coming this year including https://t.co/7DYnklvYuL – Pioneering transparency through predictive data.
A tool for… https://t.co/upGIxDbslm
— Lee Parsons $OPUL (@ceoleeparsons) February 29, 2024
On the other hand, the $OVAULT platform further expands on this concept by allowing artists to tokenize their future streaming revenue. By doing so, they can unlock immediate financial value from their music, providing them with the capital they need to invest in their careers or fund new projects. This innovative model offers a win-win situation, enabling artists to maintain control over their work while also benefiting from the financial support of their fans and investors.
🤩 INTRODUCING OPULOUS 2.0!
We're thrilled to announce exciting details about Opulous 2.0!
✅ New Opulous Finance platform: Liquid staking for music as #RWA.
✅ A brand NEW product: $OLOAN.
✅ Incoming L2 launch news: Accelerating 2024 growth.
✅ NEW $OPUL utility, $OVAULT… pic.twitter.com/yRcFhNODY5
— Opulous (@opulousapp) November 20, 2023
In an era where music streaming dominates the industry, Opulous’s RWA-backed products present a promising solution for artists seeking to diversify their earnings and secure their financial future.
By leveraging the power of blockchain technology and the global reach of music streaming, Opulous is not just transforming how artists monetize their music; it’s also creating a more inclusive and supportive ecosystem for music creators worldwide.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
Tokenizing intellectual property (IP) is starting to change who can buy into royalties and licensing income and how creators can raise cash without giving up ownership over their creative work. For decades, access to IP investment was limited to record labels, studios, and well-capitalized institutions. Blockchain is now changing that dynamic.
IP tokenization allows creators to retain ownership while unlocking liquidity. At the same time, it gives investors exposure to assets backed by real economic activity, such as royalties and licensing fees, rather than pure speculation.
As this sector matures, a new class of tokens is emerging at the intersection of culture, finance, and infrastructure. Here are four projects and tokens that are shaping the future of decentralized IP rights management.
BeatSwap (BTX) BeatSwap is building a decentralized platform where intellectual property can be tokenized, traded, and monetized through fractional ownership. The platform focuses on turning music rights into liquid, on-chain assets that can generate transparent and programmable revenue.
At the center of this ecosystem is BTX, BeatSwap’s native utility and governance token. BTX isn’t tied to one song or catalog. Instead, it’s meant to benefit from overall activity on the entire IP marketplace. As more creators tokenize their catalogs and more investors trade IP-specific tokens, activity across the platform flows back into the BTX economy.
BTX plays several roles within the ecosystem. Token holders can participate in governance, influencing platform upgrades and feature prioritization. Staking mechanisms allow users to earn yields derived from marketplace transaction fees. BTX also unlocks access to exclusive IP investment opportunities before they are publicly listed and provides reduced trading fees for active participants.
BeatSwap operates with a dual-token model. Individual songs or catalogs are tokenized into IP-specific assets, while BTX acts as the coordination layer that captures value across the entire marketplace. Smart contracts automate royalty distribution to IP token holders, while BTX stakers benefit from overall marketplace growth.
This structure gives BTX holders diversified exposure across a growing catalog of tokenized IP, reducing reliance on the performance of any single asset. With transparent on-chain settlement and secondary market liquidity, BeatSwap positions BTX as a gateway token to the emerging IP-as-an-asset economy.
Audius (AUDIO) Audius approaches IP from a different angle by focusing on decentralized music streaming. The platform has grown to over 7 million users, proving that blockchain-based alternatives can compete at scale with traditional streaming services.
The AUDIO token secures the network through staking, governs protocol decisions, and unlocks platform features. Artists earn AUDIO based on listener engagement, while node operators stake tokens to run infrastructure and receive rewards. This creates an economy where creators, fans, and technical contributors are all aligned.
Rather than tokenizing individual rights directly, Audius uses AUDIO to coordinate value across the streaming ecosystem. As usage grows and streaming volume increases, the token’s relevance scales with platform adoption.
For investors, AUDIO offers exposure to decentralized content distribution. Its value is closely tied to the success of a creator-owned streaming model that prioritizes direct engagement over opaque revenue sharing.
Story Protocol (IP) Story Protocol is building blockchain infrastructure designed to support all types of intellectual property, including music, film, games, and literary works. Its goal is to make IP programmable.
The IP token powers licensing, governance, and network security across the protocol. Rights holders can register IP on-chain and define how it can be licensed, remixed, or extended. Smart contracts enforce these rules automatically and distribute royalties across complex rights structures.
Story’s concept of “IP Legos” allows rights to be composed and reused without renegotiating contracts each time. As adoption grows among media and entertainment companies, demand for the IP token increases alongside licensing activity.
Unlike single-sector platforms, Story Protocol provides broad exposure to the tokenized IP economy across multiple creative industries, positioning $IP as a foundational infrastructure token.
Opulous (OPUL) Opulous brings decentralized finance directly into the music industry by allowing artists to access capital without permanently selling their rights. The platform tokenizes future royalty streams and uses them as collateral in lending pools.
The OPUL token governs the protocol and enables participation in music-backed DeFi products. Artists borrow against future income, while investors deposit capital into pools that earn yields generated from streaming revenues.
This model replaces speculative collateral with real cash flows. OPUL holders can stake tokens to access exclusive royalty investment pools, earning returns tied to artist performance rather than crypto market cycles.
By grounding DeFi in music revenue, Opulous offers an alternative path to liquidity for creators and a new asset class for investors seeking exposure to cultural production.
Why IP-focused tokens are worth watching IP tokenization is transforming how creative industries access capital and distribute value. By replacing intermediaries with programmable infrastructure, creators can retain ownership while unlocking liquidity. Investors gain access to assets backed by measurable revenue, such as royalties and licensing fees.
Instead of betting on hype alone, these tokens tie returns to things like licensing fees and royalty payments. As projects like BeatSwap, Audius, Story Protocol, and Opulous continue to evolve, IP rights are becoming a new frontier for decentralized ownership and investment.
For creators, institutions, and investors alike, these tokens offer a glimpse into a future where cultural value flows more directly to the people who create and support it.
Itheum on Walrus set to power the next generation of AI and music data economies.
Itheum, a data tokenization protocol for humans and AI agents, has partnered with Walrus to enable the secure storage and seamless exchange of large data assets across Itheum’s platform. Walrus is a decentralized storage protocol that allows any application to write, read, verify, and manage, via smart contracts on Sui, any data type onchain.
As a data tokenization protocol focused on the music and agentic AI industries, Itheum’s infrastructure seamlessly tokenizes real-world data into assets that are tradable and liquid. Musicians and music AI agents can use Itheum’s technology to tokenize songs, entire albums, and catalogs, providing a means to monetize their music, control royalties and distribution, and establish copyright protection.
“We chose Walrus because of its unparalleled ability to handle large file storage with efficiency and resilience,” said Mark Paul, Founder and CEO of Itheum. “This partnership allows us to address one of our community’s biggest pain points – reliable access to high-quality media and data files without exorbitant costs or latency issues.”
While Itheum’s proprietary storage layer has supported smaller files effectively, users have faced challenges with storing large media files, including high-resolution audio and video. By leveraging Walrus, Itheum will offer its community cost-effective, scalable, and highly available storage solutions for large file assets. Thanks to this collaboration, Walrus users can access Itheum’s data tokenization technology, including the ability to tokenize and trade large data assets. For AI agents, Walrus enables the storage of large models, training data, and fine-tuning, which can then be traded with other agents.
“Itheum’s focus on democratizing data ownership aligns perfectly with Walrus’s mission,” said Rebecca Simmonds, Managing Executive of Walrus Foundation. “By providing resilient, scalable, and programmable storage, Walrus empowers platforms like Itheum to innovate around ownership and drive revenue generation without being constrained by traditional data storage limitations.”
Itheum’s AI agent-specific technology (code-named AIthra Network) is focused on enabling high programmability for AI agents. The goal of the AIthra Network is to allow an AI agent to tokenize any form of data, information, or content with just a few lines of code. With Walrus, Itheum expects significant improvements in performance, availability, and overall platform reliability, strengthening its position as a foundational infrastructure layer for data tokenization and AI-driven applications.
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
The coins that are in trend this week are Solana (SOL), Voxies (VOXEL), Mallconomy (WOOT), Aevo (AEVO), and Hooked Protocol (HOOK). While the broader crypto market is moving steadily with no significant price spikes and no drops, Solana (SOL) is leading with its incredible price surge of 13.14% in the last 7 days. Voxies (VOXEL) and Hooked Protocol (HOOK) are following the lead with more than 3% and 7% gains, respectively.
Let us take a close look at the top 5 crypto gainers of today.
1. Solana
Solana is among most popular cryptocurrency that holds brilliant future perspective. It is a platform aims for improving scalability of decentralized applications. It is designed to improve speed to establish itself as a better blockchain than Bitcoin and Ethereum. Moreover, the consensus mechanism of Solana has added fuel to the fire. It is a combination of Proof of Stake and Proof of history that makes Solana ecosystem unique.
If you look at the last 7 days chart, Solana has marked an exemplary movement in the chart. The price has moved from $131 to $153, reflecting a 16% hike in a week’s time. The chart movement is showing a ascending triangle pattern reflecting a profit target. This could be the time for sellers to step in and draw profit. The marketcap of Solana is at $69,019,912,555 and 24hr volume is at $2,507,312,906.
2.Voxies
Voxies is a 3D RPG game developed on blockchain. It is a multiplayer game offering NFT ownership to the players. Voxies is a free to play game with multiple features that will soon explode in the gamefi world. Voxies owned the NFTs and traded in the game using the VOXEL token. It is used in the marketplace to buy gear, NFT items, characters, and to take part in in-game activities such as crafting and Player vs. Player (PvP) matches. In-game goods are also represented as NFTs, allowing for trading on secondary NFT markets.
The coin has shown a dramatic improvement in last 7 days. The price moved from $0.23 to $0.27. The first few days, Voxies showed a sluggish move in the first few days but soon reflected spike in price. If we talk about intraday movement, the coin is experiencing a 3.12% plunge. The marketcap is at $46,615,314 where 24hr volume $4,968,432.
3.Mallconomy The introduction of Mallconomy brought about a revolution in the metaverse. It is a one-stop shop for all metaverse and Web 3.0 solutions. This is where brands, metaverse creators, and other builders can get the most out of Mallconomy. Together, it provides a dynamic, immersive Gamefi Economy. Mallconomy opens up a world of opportunities for a thriving community. The platform provides a bustling metaverse haven for everyone from storefront proprietors managing their businesses to engaged visitors exploring the mallverse. With cutting-edge features like the Launchpad and Rewards App, Mallconomy’s impact keeps growing and encourages teamwork, innovation, and fair rewards.
4.Aevo
Aevo is among most trending coins in the crypto domain. After Bitcoin, Aevo has garnered maximum traction. The coin holds high expectations for traders as the project behind it is spectacular. Aevo is a decentralized exchange that focuses on perpetuals, options, and pre-launch trading.
Aevo operates on Layer 2 based on the optimism stack. With its help, Aevo can handle more than 5,000 transactions per second and handle more than $30 billion in trading volume.
The coin is presently at $1.73. A week ago, the coin was at $1.5, and if compared with today’s price, it has escalated drastically. The market dominance has recently lifted, and it is assumed that the coin will climb more. The marketcap of Aevo is $189,943,223, 24hr volume is $77,756,719.
5.Hooked Protocol
Hooked Protocol is a revolutionary concept of edutainment. It aims to onramp people and introduce the prospects of Web 3.0. It is a social learning environment that provides a learn and earn experience. It was created for a fast-paced setting where decentralized apps and infrastructures would eventually be onboarded (DApps). Hooked Protocol seeks to create an ecosystem of community-owned economics by assisting more businesses in joining Web 3. In order to address these issues and inspire more people to begin their Web3 journey, Hooked employs an educational strategy.
Hooked tackles these issues and motivates more users to begin their Web3 journey by using an instructional approach. The protocol intends to assist in bringing Web3 widespread adoption to pass through gamified learning opportunities and incentive models.
Hooked protocol was at $0.880 on April 17, 2024. At the time of writing, the coin is at $1. The price escalated to a promising level. The first few days were slow and sluggish but later improved drastically. The coin’s market cap is at $140,891,188 with 24hr volume at $17,039,806.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Binance, one of the world’s leading crypto exchanges, has announced its intention to delist specific margin trading pairs involving Bitcoin (BTC). This move, slated for July 8, 2024, affects both cross and isolated margin trading pairs. Other affected cryptocurrencies include DigiByte (DGB), Alien Worlds (TLM), and Voxies (VOXEL).
Details On Latest Binance Delisting Moreover, this delisting specifically affects DGB/BTC and TLM/BTC in both categories with Bitcoin as the quote currency. Meanwhile, VOXEL/BTC pair will be removed from the isolated margin category. In a notice issued to its users, Binance specified that at 06:00 a.m. UTC on Sunday, July 7, 2024, the platform will suspend isolated margin borrowing on these isolated margin pairs.
Moreover, following this, at 06:00 (UTC) on July 8, 2024, Binance Margin will automatically close users’ positions. Thereafter, it will conduct settlements and cancel all pending orders on the affected trading pairs. Once this process is completed, these pairs will be permanently removed from margin trading on the platform.
The crucial aspect of this announcement is the role of Bitcoin as the quote currency in these pairs. In the trading world, the base currency is the first currency listed in a pair, and it is the commodity being bought or sold. The quote currency, in this case, Bitcoin, is the currency in which the base currency is priced. Hence, this means that users were trading DGB, TLM, and VOXEL, with Bitcoin as the measure of value.
This delisting decision impacts traders who prefer Bitcoin as the standard measure for their trades. It represents a significant adjustment for those who use Bitcoin’s relatively stable value as a benchmark against other, more volatile cryptocurrencies. By delisting these pairs, Binance potentially reduces the flexibility for users to trade lesser-known tokens against Bitcoin.
Also Read: Binance Labs Leads Major Funding Round For Bitcoin Wallet UniSat
Exchange’s Advise To Users For Avoiding Potential Losses Moreover, Binance advised its users to take necessary actions before the delisting process begins. The platform recommended that users close their positions and transfer their assets from Margin Wallets to Spot Wallets before the cessation of margin trading at 06:00 p.m. UTC on July 8, 2024. In addition, Binance emphasized that it would not be responsible for any potential losses incurred due to these changes, urging users to act promptly.
Despite the delisting, Binance assured users that the affected assets, DGB, TLM, and VOXEL, could still be traded on other available pairs within the Binance Margin platform. This implies that while the direct trading pairs with Bitcoin are being removed, there are still alternative avenues for trading these assets.
This move is part of Binance’s ongoing efforts to optimize its trading platform, ensuring a streamlined and efficient trading experience. The exchange continually reviews its product offerings to align with market demands and regulatory requirements. Moreover, it aims to provide the best possible service to its users worldwide. Thus, it regularly announces removal of pairs that lack in liquidity, market interest, and other factors.
Also Read: Binance Announce Delisting Of Key Crypto Pairs, Brace For Market Impact
The cryptocurrency exchange Binance‘s futures arm, Binance Futures, has taken a new step to expand trading options and enhance user trading experiences. Binance Futures has included Voxies (VOXEL) in its listed futures contracts. After the announcement, the altcoin‘s price surged sharply.
VOXELUSDT Futures Start TodayIn an announcement from Binance Futures, it was stated that the VOXELUSDT Perpetual Contract will open for trading today, August 20, 2024, at 13:30 Turkish time. The new contract will offer investors the opportunity to use leverage up to 50x.
This new contract offered by Binance Futures will be a USDT-margined perpetual contract. This means that positions can remain open without a specific expiry date, and users can close their positions at any time. The contract will be an ideal option for investors applying volatility-sensitive and high-risk trading strategies.
The leverage ratio provided to investors with the VOXELUSDT contract will be 50x. This leverage ratio means that users can open large positions with a small margin. Of course, it is important to remember that high-leverage trading increases the risk of loss. Initially, the maximum funding rate for the VOXELUSDT contract will be +/- 2 percent. The funding rate will be recalculated every four hours, as with other contracts.
After Binance Futures’ announcement, VOXEL‘s price skyrocketed. Before the announcement, the altcoin was trading around $0.15, but it surged sharply to $0.243 following the announcement. This price change corresponds to an increase of over 60 percent.
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.
Binance, one of the world’s leading crypto exchanges, today made a significant announcement on Voxies (VOXEL), the native utility token of Voxie Tactics. As per an official release, the crypto exchange is now launching futures trading for the token. This development has garnered significant interest among crypto market participants, as Voxies price reacted with a whopping 75% uptick in value after the listing announcement.
Binance Launches Futures Trading According to an official announcement by Binance today, August 20, the crypto exchange is launching the USD-Margined perpetual contract for VOXEL at 10:30 UTC today. Users can enjoy futures trading with up to 50x leverage on the asset.
Notably, the underlying asset remains Voxies (VOXEL), the native token of Voxie Tactics, a 3D turn-based tactical RPG game built on a blockchain. Moreover, the exchange set the capped funding rate at +2.00% / -2.00%. After this announcement, VOXEL price peaked.
However, the crypto exchange revealed that it may adjust the specifications of the listing “based on market risk conditions.” Besides, it’s worth mentioning that high leverages attract more market participants to invest in the asset, jacking up trading volume and market attention.
Altogether, the futures listing has set off optimistic waves for Voxies across the broader market. As seen previously, even Synapse (SYN) price rallied phenomenally with the crypto exchange‘s futures listing of the token.
Voxies Price Surges Simultaneously, Voxies price surged 75% after Binance’s listing announcement to trade at $0.2446 at press time. Its 24-hour lows and highs were recorded as $0.1261 and $0.2699, respectively. Notably, the token’s intraday trading volume surged 34% to rest at $84.56 million today. Also, the coin’s market cap rested at $46.26 million.
Voxies 14-day RSI rested at 83, indicating that the coin entered an overbought territory today. This also hints at a potential price rebound lurking over the crypto horizon. Besides, market technicals flagged a strong buy signal for the asset, sparking further investor curiosity over future price movements. Nevertheless, the coin currently surfs an optimistic tide against the backdrop of futures listing for the token.
Meanwhile, the crypto realm also saw other major exchange listings today. South Korean crypto exchange Upbit announced Pepe coin and BRETT listing on its platform, sparking further discussions across the global crypto community.
Several altcoins are posting massive gains despite Dogecoin’s downward trend, with Voxies (VOXEL) and Broccoli leading with triple-digit increases over the past 24 hours.
Voxies has surged 178.8% in the last 24 hours, trading at $0.1166 from a low of $0.04152. This recent surge continues VOXEL’s pump of 340% over the past week.
Trading volume has also jumped alongside the price, touching $463.44 million, which is a 577.79% increase in just 24 hours.
VOXEL 24H price chart | Source: CoinGeko Analyst Ash Crypto cautioned on X: “This is the new level of manipulation. $VOXEL market cap = $27M but more than $700 Million volume in futures. First $AERGO now this, please be careful.”
Bitget also announced that they noticed abnormal trading behavior in the VOXEL/USDT contract trading pair. They also mentioned that they are investigating, and more details will be announced soon.
Bitget Bot is suspected to have a malfunction. The 24-hour trading volume of VOXEL/USDT contracts exceeds that of BTC. The Bitget responded that it has noticed the relevant abnormal trading behavior and is investigating. Some users may be restricted due to risk control measures.…
— Wu Blockchain (@WuBlockchain) April 20, 2025 Second on the top gainers list is Broccoli with a 140% surge over the past 24 hours. Like VOXEL, Broccoli has shown strong longer-term performance, up 450% in the last 30 days.
BROCCOLI 24H price chart | Source: CoinGeko Unlike VOXEL, Broccoli’s price movement coincides with a major project announcement. The team recently shared details of their ecosystem expansion: “Broccoli is Building – and So is Our Ecosystem. Today, we’re proud to unveil our brand new Ecosystem Section.”
The announcement highlighted that the project has already integrated with over 50 platforms and is actively working on more than 100 additional integrations.
NKN has jumped 93.5% in the last 24 hours, trading at $0.04331 from a 24-hour low of $0.02123. Despite the impressive gains, there haven’t been any notable developments from the NKN project that would explain the price surge. This has led to speculation among traders about the nature of the rally.
NKN 24H price chart | Sourec: CoinGeko Analyst Ultimae GL suggested on X: “NKN Alright, Binance is pumping tokens that are about to be delisted. Let’s see if NKN gets pumped too.” This comment hints at potential manipulation rather than organic growth driven by fundamentals.
$NKN
Alright, Binance is pumping tokens that are about to be delisted.
Let’s see if NKN gets pumped too.
It’s currently ranked 812th by market cap,
and it's also listed on Coinbase. pic.twitter.com/fJgibgohGb
— Ultimae GL (@AltcoinChad) April 19, 2025 While these smaller altcoins post notable gains, Dogecoin (DOGE) continues its downward trend. Dogecoin price is currently at the $0.15 level, down over 2% in the last 24 hours.
Today, April 20, Voxies (VOXEL), an upcoming crypto gaming token, rose by more than 200% in the last 24 hour after an alleged glitch reported in the Bitget’s trading network. The sudden breakdown caused a tremendous increase in trading activity, spiking the VOXEL/USDT contract’s trading volume to a whopping $12.7 billion. This volume substantially exceeded Bitcoin’s trading volume ($4.76 billion) on the same network.
Bitget bot glitch: users scoop free money This unusual jump captured curiosity among crypto market participants, considering that VOXEL is a relatively little-unknown crypto gaming token with a market value less than $30 million.
According to technical crypto analyst Dylan, a faulty Bitget trading bot was the cause of this problem. The bot repeatedly settled trades in a tight price level of $0.125 and $0.138, allowing shrewd investors to generate six-figure profits using as little as $100 investment.
Market analysis shows that the malfunction enabled some traders to withdraw USDT worth tens/hundreds of thousands of US dollars within few hours.
Another user who responded to this matter was Bitget’s Chinese head Xie Jiayin. Today, he posted on X that Bitget is aware of the unusual trading behavior in the VOXEL/USDT contract trading pair. He stated that the trading platform is currently conducting internal investigations and will give out more updates promptly. The exchange further mentioned that the affected wallets may be temporarily restricted, advising customers to reach out to Biget’s online customer service for further help. He finally clarified that currently all of Bitget’s functions, including withdrawals, deposits, and trading, operate normally.
— 谢家印 (@xiejiayinBitget) April 20, 2025 Liquidity issues in the crypto market Multiple crypto users expressed their dissatisfaction toward this issue, with many criticizing Bitget’s internal security and technology capability. The harsh backlash came just a week after crypto investor sentiment blew following Mantra’s OM token crash on Sunday, April 13.
Today’s Biget’s VOXEL/USDT trading slippage and Mantra’s recent token crash highlight fragmented liquidity issues within the crypto market. Without adequate solutions to such concerns, greater disastrous volatilities are set to trigger more tokens’ crashes similar to previous unexpected crises like the Terra-Luna collapse.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
The gaming token from Voxies, VOXEL crypto, has fallen far from its 200% peak. The token is currently trading hands at $0.06, more than 50% below its previous high.
According to data from CoinGecko, the native utility token of tactical RPG Voxie Tactics, has gone up by 4.4% in the past 24 hours. Its current price sits at $0.069, a far cry from its previous monthly high which stood at $0.13 just three days prior.
Voxie Tactics’ token currently has a market cap of $16.3 million, declining by more than $10 million from its peak at $27 million. Its 24-hour trading volume has also fallen by 40.9% to $49.8 million. Just three days ago, the token managed to reach a staggering daily trading volume of $463.44 million. VOXEL’s trading volume even managed to surpass that of Bitcoin (BTC), the largest cryptocurrency on the market.
Even though the token has not seen much action in recent days, it still bears remnants of its recent high. In the past week, the VOXEL crypto has gone up by 208.9%. This was largely due to the surge in price that occurred on April 20.
On April 20, VOXEL crypto skyrocketed by more than 200% within just 30 minutes of trading. It reached a peak price of $13 from a low of $0.04. This miraculous awakening seemed unprompted as the token had recently hit an all-time low of $0.02 on April 17.
Price chart for VOXEL crypto in the past seven days, April 23, 2025 | Source: CoinGecko Crypto analyst Ash Crypto noted the sudden surge in VOXEL’s price and trading volume. The analyst highlighted the fact that there was a significant gap between VOXEL’s market cap and its trading volume in futures.
At the time, VOXEL’s market cap stood at $27 million while its futures trading volume jumped as high as $700 million. Ash speculated there was market manipulation involved with the gaming token.
Bitget to compensate users affected by VOXEL crypto trading Crypto exchange Bitget flagged the VOXEL/USDT (USDT) contract trading pair as suspicious due to abnormal trading patterns detected on the platform. The crypto exchange said that it would investigate the matter and announce further details. The firm also proceeded to suspend trading for the VOXEL/USDT contract and froze a number of accounts involved in the abnormal activity.
On April 22, Bitget declared that it would begin compensating users who were impacted by what they viewed as a trading glitch related to the VOXEL/USDT perpetual contracts.
VOXEL crypto is the native token of Voxie Tactics, a free-to-play tactical RPG, which runs on the Polygon (POL) blockchain. VOXEL functions as both a utility token and in-game currency, which players can use to purchase weapons, armor and other items within the game.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
6 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
6 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
6 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
6 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
6 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
On Friday, VIDT price skyrocketed nearly 59% as Binance, one of the world’s leading exchanges, revealed a significant update on the token. The crypto exchange officially announced that it is launching a USDT-backed perpetual contract for the mentioned DAO-based crypto, generating an optimistic torrent across the broader market.
VIDT DAO is a decentralized platform streamlining the creation of timestamps and non-fungible tokens (NFTs). It also lets users register digital assets like certificates, sensor data, and firmware.
Binance Unveils VIDT Perpetual Contract Listing Binance Futures’ official announcement on August 23 revealed that it is launching the VIDT USD-Margined perpetual contract today. This mover by the derivatives trading arm of the crypto exchange streamlines futures trading for users looking to trade VIDT on the platform.
The perpetual contract is to launch today at 09:30 UTC. Traders can enjoy up to a whopping 75x leverage trading the asset. Further, the capped funding rate set by the exchange was +2.00% / -2.00%. The official announcement also revealed that the exchange supported Multi-Assets Mode for the asset, further revolutionizing users’ trading experience.
Binance’s listing chronicles have emerged as a highly bullish event within the crypto sector. For context, popular tokens such as POPCAT and SUN prices rallied remarkably with the futures listing on the crypto exchange.
Additionally, even Banana Gun (BANANA) and Synapse (SYN) tokens witnessed a remarkable price rally with their futures listing. Meanwhile, VIDT also mirrored bullishness with the listing announcement as its price rallied nearly 59% at press time.
Token Price Rallies 59% VIDT price soared 59% in the past 24 hours to $0.03623. Its 24-hour lows and highs are $0.02251 and $0.03811, respectively. The token’s 24-hour trading volume surged 27.99% to $32.12 million today. Also, the coin’s market cap soared 52.36% to $30.01 million. This pumping movement primarily aligns with Binance’s VIDT USDT perpetual contract launch.
Meanwhile, it is also worth noting that the crypto exchange listed DOGS as the 57th launchpool project recently. With Binance continuing to tap into emerging markets, the firm cements its foothold across the global crypto sector.
