Original source text
RLUSD Reaches Cardano Through Wanchain Bridge in Latest Cross-Chain Expansion Live financial news intelligence
Track market-moving stories before they get noisy
Real-time pulse of financial headlines curated from 5 premium feeds.
Latest market signal
English
Cryptocurrencies
BTC
7,404
ETH
4,895
XRP
3,311
SOL
3,014
HYPE
1,774
USDC
1,596
Commodities
GOLD
560
SILVER
300
OIL
104
PLATINUM
14
PALLADIUM
4
COPPER
3
- FMP Stock News 30s ago
- FMP Forex News 3m ago
- CoinGecko News running now
- FIO Stock News 9m ago
- Patria Stock News 9m ago
- Editorial rewrite 1m ago
- Asset sync 18m ago
Latest coverage
Market News Feed
Scan headlines quickly, then expand any story for source context.
| Details | Date | Content | Source |
|---|---|---|---|
|
Saved
2026-06-25 01:28
2mo ago
Published
2026-04-23 15:57
4mo ago
|
RLUSD Reaches Cardano Through Wanchain Bridge in Latest Cross-Chain Expansion | CoinGecko News | |
|
|
|||
|
Saved
2026-06-25 01:28
2mo ago
Published
2026-04-24 04:33
4mo ago
|
Ripple’s RLUSD hits $1.5B and expands to Cardano, ETH | CoinGecko News | |
|
Original source text
Ripple’s US dollar-pegged stablecoin, RLUSD, can now move seamlessly across new networks following its integration with Wanchain’s bridge infrastructure. Users are now able to transfer RLUSD between the XRP Ledger, Ethereum, Cardano, and Wanchain networks, greatly improving cross-chain mobility. This marks a pivotal shift for Ripple, taking its stablecoin beyond the confines of its native platforms.RLUSD gains momentum with Wanchain’s cross-chain bridgeAccording to an official statement from Wanchain, RLUSD is now transferable across multiple major blockchains via their bridge protocol. While RLUSD is minted natively on the XRP Ledger, the new integration enables its movement to Cardano, Ethereum, and Wanchain networks. Similarly, the Ethereum-based RLUSD can now traverse to Cardano and Wanchain using this infrastructure. Currently, RLUSD is issued directly only on the XRP Ledger and Ethereum. However, the recent bridge integration lets users shift liquidity between blockchains without relying on centralized intermediaries. As stablecoins continue to gain traction in payments, trading, and decentralized finance (DeFi), such cross-chain compatibility becomes increasingly vital for users. With this new support, RLUSD holders can move their assets from the XRP Ledger to Cardano through Wanchain’s infrastructure. RLUSD minted on Ethereum can also be integrated into the Cardano ecosystem via the same bridge. In addition, RLUSD available on the Wanchain network can now flow in both directions with Cardano. Rising appeal of cross-chain bridgesWanchain has been focusing on interoperability and bridge solutions between blockchains for some time. The inclusion of RLUSD in its system brings Ripple’s stablecoin to a broader audience. Notably, Cardano has recently taken significant steps to expand access to dollar-backed assets within its ecosystem. This bridge infrastructure also allows direct transfers between RLUSD on the XRP Ledger and Ethereum. For users managing liquidity across multiple blockchains, this reduces the hassle of executing additional swaps when navigating between various DeFi platforms and blockchain applications. Ripple’s multi-chain stablecoin ambitionsThe integration supports Ripple’s multi-chain rollout strategy for RLUSD. Ripple previously disclosed plans to expand RLUSD over time to additional Ethereum-compatible layer-2 networks such as Base, Optimism, Unichain, and Ink. These deployments are currently being tested through a collaboration with Wormhole. RLUSD has also made its way into the exchange landscape. Since early April, it has been tradeable on Coinone, allowing South Korean investors direct access to the stablecoin with Korean won. This move signaled Ripple’s entry into regulated stablecoin markets in Asia. Beyond transfers, RLUSD has found new use cases in various applications. On the Bitrue exchange, it can now be used as collateral in futures markets, offering users a stable asset for leveraged trading and wider participation in derivative products. Mastercard, meanwhile, is exploring options with RLUSD as part of its initiative to implement stablecoins into blockchain-based payment systems. While no formal launch has occurred yet, this reflects interest from major corporate players in utilizing Ripple’s stablecoin for institutional partnerships, beyond traditional token transfers. Currently, RLUSD has achieved a market capitalization of roughly $1.5 billion, making it the eighth largest stablecoin in existence. While most tokens circulate on Ethereum, there are 382 million RLUSD in supply on the XRP Ledger. The Wanchain bridge integration has considerably broadened RLUSD’s access across multiple blockchains. In its statement, Wanchain highlighted that by adding RLUSD to its bridges, it enables users to easily transition between important blockchains, aiming to increase RLUSD’s footprint within more diverse ecosystems. 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. |
|||
|
Saved
2026-06-25 01:28
2mo ago
Published
2026-04-26 07:43
4mo ago
|
RLUSD Integrates with Wanchain Bridge as European Banks Plan Stablecoin Launch | CoinGecko News | |
|
Original source text
TLDR: RLUSD now moves across XRPL, Ethereum, and Cardano using Wanchain bridge infrastructure European banks plan a euro stablecoin using Ripple tech, expanding institutional blockchain use Ripple upgraded custody services with compliance tools and staking for institutional clients RLUSD adoption grows through pilots in payments, settlements, and multi-chain DeFi access Ripple’s RLUSD stablecoin continues to expand its reach as new infrastructure and institutional developments reshape its role in digital finance.Recent updates show progress in cross-chain access, banking collaborations, and custody services, positioning RLUSD within evolving global payment networks. Cross-chain expansion strengthens RLUSD accessibility RLUSD’s latest development centers on its integration with Wanchain’s bridge infrastructure. This upgrade allows transfers between the XRP Ledger, Ethereum, Cardano, and Wanchain. As a result, users can move RLUSD without relying on centralized exchanges. A recent tweet from CoinDesk reported that Wanchain added support for Ripple’s RLUSD stablecoin. The post noted that the bridge enables transfers across major blockchain networks. This update confirms RLUSD’s growing presence in multi-chain environments. The bridge supports two-way transfers, which improves liquidity movement between networks. Users can send RLUSD from the XRP Ledger to Cardano or from Ethereum to Cardano. They can also reverse these transactions with minimal friction. This setup reduces dependency on wrapped assets and intermediaries. Instead, RLUSD operates across ecosystems in a more direct manner. As liquidity moves freely, trading and decentralized finance activity may become more efficient. Wanchain acts as a central hub connecting these blockchains. Through this role, it simplifies how assets move between networks. Therefore, RLUSD becomes easier to access for users operating on different chains. The stablecoin currently holds a market capitalization of about $1.5 billion. Around 382 million tokens circulate on the XRP Ledger. Meanwhile, a larger share remains active on Ethereum, supporting its broader use. Institutional adoption and infrastructure upgrades progress Beyond technical integration, RLUSD is gaining traction among financial institutions. European banks are preparing to launch a euro-backed stablecoin using Ripple’s technology. ING, UniCredit, and BNP Paribas plan to release it in late 2026. This initiative focuses on regulated digital payments within the eurozone. It also introduces competition to dollar-based stablecoins. Ripple’s infrastructure will support settlement and transaction processing for the project. At the same time, Ripple has upgraded its custody platform. The update includes real-time compliance monitoring and cloud-based security systems. These features aim to meet institutional requirements for digital asset management. The platform also introduces staking capabilities. This addition provides institutions with more flexibility when managing digital assets. As a result, RLUSD becomes easier to integrate into treasury operations. Institutional use cases are already being tested in real-world scenarios. RLUSD is part of pilot programs for real-time settlements with partners like Kyobo Life Insurance. It is also being explored for credit card settlement processes with Mastercard. These developments align with Ripple’s broader multichain strategy. RLUSD is also undergoing testing on Ethereum Layer-2 networks such as Base, Optimism, and Ink. These efforts expand its potential use across scaling solutions. As RLUSD moves across networks and gains institutional support, its role in payments and finance continues to evolve. Its presence across multiple chains and systems reflects ongoing efforts to increase utility and access. |
|||
|
Saved
2026-06-25 01:28
2mo ago
Published
2026-04-27 09:12
4mo ago
|
Ripple RLUSD Stablecoin Bridge Expansion Links XRP, Cardano, Ethereum, and Wanchain | CoinGecko News | |
|
Original source text
Wanchain has integrated Ripple stablecoin, RLUSD, into its cross-chain bridge, expanding connectivity beyond the XRP Ledger (XRPL) and Ethereum. Specifically, Wanchain now enables RLUSD to move seamlessly across additional networks, including Cardano. This upgrade strengthens the stablecoin’s utility and positions it as a more versatile asset within the multi-chain landscape. Key Points Wanchain integrates RLUSD into its cross-chain bridge, expanding its reach beyond XRPL and Ethereum. The integration allows RLUSD to move across XRPL, Cardano, Ethereum, Wanchain, and several other routes. Ripple is currently making moves to expand RLUSD access to more networks, with mainnet deployment on Ethereum L2 networks like Optimism expected this year. RLUSD currently holds a $1.6 billion market cap, with trading volume surging over 91% in 24 hours to $80.45 million. Wanchain Expands RLUSD Availability Beyond XRPL and Ethereum In a tweet, Wanchain announced adding RLUSD to its bridge infrastructure, enabling smooth two-way transfers across multiple blockchains. Consequently, users can now move RLUSD between the XRP Ledger and Cardano, XRPL and Wanchain, Ethereum and Cardano, Ethereum and Wanchain, Wanchain and Cardano, as well as XRPL and Ethereum. This expanded routing significantly enhances the token’s cross-chain accessibility. Moreover, the integration highlights ongoing efforts toward a multi-chain financial system. Instead of operating in the Ethereum and XRPL ecosystems alone, RLUSD now circulates across interconnected platforms, improving liquidity flow and user flexibility. Ripple Plans RLUSD Debut on Multiple Blockchains Meanwhile, the move aligns with Ripple’s strategy to extend RLUSD’s reach beyond its native ecosystems. That vision gained traction in December when Ripple partnered with Wormhole, leveraging its NTT token standard to expand the stablecoin to Ethereum Layer-2 networks, including Optimism and Base. While testing remains ongoing, Ripple plans a full mainnet rollout once it secures the necessary regulatory approvals. Now, with Wanchain’s integration, RLUSD’s accessibility has widened further to include Cardano and Wanchain’s own network. RLUSD Volume Spikes 91% Since its launch in December 2024, RLUSD has rapidly gained traction in the crypto market. It has secured listings on major exchanges, including Binance, Bitget, Kraken, HashKey, and Coinone. Currently, RLUSD has a market cap of $1.6 billion, ranking it as the 44th-largest token globally and the eighth-largest stablecoin. In addition, its trading activity has surged, with volume jumping over 91% in the past 24 hours to reach $80.45 million—an indication of rising demand and market engagement. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. |
|||
|
Saved
2026-06-25 01:28
2mo ago
Published
2019-03-15 22:08
7yr ago
|
Blockchain ID Startup Metadium Reveals Partnership With Game Engine Giant Unity | CoinGecko News | |
|
Original source text
Blockchain ID Startup Metadium Reveals Partnership With Game Engine Giant Unity |
|||
|
Saved
2026-06-25 01:28
2mo ago
Published
2019-04-04 14:07
7yr ago
|
Lucid Sight Raises $6 Million to Bring Its DLT-Powered Games to Traditional Platforms | CoinGecko News | |
|
Original source text
Lucid Sight Raises $6 Million to Bring Its DLT-Powered Games to Traditional Platforms |
|||
|
Saved
2026-06-25 01:28
2mo ago
Published
2025-10-14 14:10
10mo ago
|
Top Crypto Gainers of the Day: $H, $ALICE, and $META Leading the Pack | CoinGecko News | |
|
Original source text
Table of contentsAmid bearish crypto market, few cryptocurrencies are showing significant surge over the past 24-hours. As per the detail compiled by Phoenix Group, a prominent crypto analytics and aggregator platform, $H, $ALICE, $META, $XPIN are surging significantly along with $APRA, $B2, $MED and $OM. These assets gaining the attention of crypto investors and trader. Humanity Protocol ($H) has been the top performer of the day skyrocketing 133.3% and currently trading at $0.17 with a market cap of $320.3 million, listed on Bybit. The $H surge has sparked renewed interest among mid-cap investors and speculative traders. Following Humanity, My Neighbor Alice ($ALICE) showed a 59.5% increase today, and now exchanging hands at $0.51 with a market capitalization of $46.2 million. $ALICE’s listing on Binance continuously providing the strong liquidity support and visibility. On third Metadium ($META) is trending with a 45.1% jump to $0.02 as the trading momentum is driven via Upbit that has pushed its market cap to $37.7 million. On the same time, XPIN Network ($XPIN) has jumped by 23.6% to $0.001, with a relatively modest capitalization of $17 million. Gainers of the Bottom Showing Unexpected Market Caps $ARPA and BSquared Network ($B2) are following the gainers with gains of 21.5% and 19.7%, respectively. $B2 has recently reached $1.77 with a robust market of $72.9 million that clearly signals the growing demand among infrastructure-focused projects. Healthcare narrative-based blockchain project MediBloc ($MED) jumps by 13.5% to $0.004 with the market cap of $48.3 million. In the lower double-digit gainers, Mantra (%OM) has surged 12.1% and currently trading at $0.12 while Open Campus ($EDU) ascends to 12.0%, and both trading actively on Binance. On the bottom of the list of gainers is Story ($IP) that is up by 11.3% that boasts the largest market cap among the gainers at $2 billion and trading at $6.60. The mixed list of token based on different narratives i.e., gaming, identity, health and DeFi tokens showing the expanding demand of digital sector. These tokens have marked their name with growing appetite for mid-cap and utility-driven assets. AUTHOR Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology. |
|||
|
Saved
2026-06-25 01:23
2mo ago
Published
2025-10-23 03:00
10mo ago
|
Nomura Group Launches Tokenized Fund Laser Carry Fund on Sei Network | CoinGecko News | |
|
Original source text
Nomura Group Launches Tokenized Fund Laser Carry Fund on Sei Network |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-10-24 10:30
10mo ago
|
FORBES: DAS London 2025: Keep Calm And Carry On Trading Crypto | CoinGecko News | |
|
Original source text
FORBES: DAS London 2025: Keep Calm And Carry On Trading Crypto |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-10-27 12:35
10mo ago
|
China’s Central Bank Warns Stablecoins Still Carry Big Risks | CoinGecko News | |
|
Original source text
China’s Central Bank Warns Stablecoins Still Carry Big Risks |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-11-17 15:44
9mo ago
|
XRP Tipped as Solution to Collapsing Yen Carry Trade | CoinGecko News | |
|
Original source text
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.There is a growing narrative among XRP enthusiasts that a major unwinding in the Japanese yen carry trade could trigger a global liquidity crisis. In this scenario, these enthusiasts have positioned XRP as the solution to stabilizing disrupted financial flows, starting in Japan and rippling worldwide. Spike in Japan’s 20-year government bondAn XRP community member highlighted that Japan’s 20-year government bond yield hit 2.751%, increasing by 0.035%. Higher yields signal investor demand for safer, higher-return Japanese debt amid BoJ tightening. This pulls money back to Japan, accelerating the unwinding, that is, traders selling foreign assets to cover yen loans. Past unwinds caused global volatility, which analysts have warned could happen soon. The yen carry trade is a popular investment strategy that has fueled global markets for decades. Notably, Japan’s low interest rates make borrowing yen inexpensive. Traders convert yen to higher-yielding currencies such as USD and invest in assets like U.S. stocks, bonds or emerging market debt. In the end, they pocket the interest rate differential as profit. It provides cheap liquidity to risk assets, boosting everything from Wall Street to crypto. However, sudden yen strength erodes profits and triggers forced sales. Analysts note that a liquidity crisis is looming as the carry trade is about to collapse. The trade is reversing due to shifting monetary policies, creating a vicious cycle. To combat inflation and yen weakness, the BoJ has normalized rates since 2024. This makes borrowing yen more expensive, squeezing profits. Also, the U.S. Federal Reserve easing cycle narrows the yield gap, making the trade less attractive. Can XRP stop Japan’s liquidity crunch?An unwind is not just a Japanese problem but a global liquidity crunch. Trillions in yen-funded investments flood back, selling off U.S. and global assets. This could depress bond prices, spike U.S. yields and trigger stock sell-offs. However, XRP enters as a proposed fix for the resulting chaos, leveraging Ripple's tech for instant, low-cost global transfers. In a crisis, banks need quick access to fiat without prefunding accounts. XRP acts as on-demand liquidity, settling cross-border payments in seconds. Moreover, Ripple has a strategic partnership with Japan’s SBI Holdings, integrating XRP into local payments. Therefore, if yen liquidity dries up, Japanese institutions could use XRP to source USD instantly, bypassing carry trade fallout. Critics, however, argued that this is hype, noting that XRP’s role depends on adoption. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-11-18 14:40
9mo ago
|
Japan Shakes Global Markets with a Shocking Economic Move | CoinGecko News | |
|
Original source text
This year witnessed an upsurge in concerns over carry trade, and Japan’s announcement of an economic stimulus package has further intensified the situation. Shanaka Anslem Perera, alongside many economists, highlights the significant issue facing the stock market, cryptocurrencies, and, broadly, global liquidity as of November.Japan’s Economic Narrative UnraveledAs the crypto market experienced accelerated sales, Japan declared a $110 billion stimulus package on Sunday. If the U.S. had taken such measures, the market might have been buoyed by the notion of monetary expansion. Yet, Japan’s move resulted in a different outcome, as the country’s bond yields spiked to 1.73%. Over the past ten months, the interest rate differential between the U.S. and Japan fell from 3.5% to 2.4%, effectively ending the carry trade narrative. For three decades, Japan borrowed at zero interest to invest in U.S. equities, cryptocurrencies, global bond markets, and real estate. Japan offered 0% interest but could earn 4% in the U.S. or achieve higher gains in crypto at zero cost. The stimulus announced on November 16 marks the end of this period. Throughout the year, signals were observed. Each 1% debt-to-GDP increase, already at 263%, costs Japan $26 billion. Ripple Effects on Cryptocurrencies and EconomyJapan possesses $3.2 trillion in foreign assets, primarily in U.S. companies, bonds, and others. Part of it is in cryptocurrencies, and these funds are now returning home. As the era of zero or near-zero interest draws to an end, the world’s biggest buyer becomes a net seller. In situations where large, consistent sellers exist, they continue to sell despite falling prices until the goal is met. Shanaka Anslem Perera points out, reductions in U.S. stock valuation from 21x to 16x arise not due to recession but from liquidity withdrawal. While the strengthening Yen damages exporters, Nikkei falls by 12%. Emerging market funds lose 30%, and credit spreads increase by 100 basis points. The Federal Reserve ending quantitative tightening on December 1 is seen as a concession. They recognize Japanese capital’s withdrawal and plan to print money to purchase Treasury bonds, exerting financial dominance. Japan’s era of free money subsidizing the world for 30 years has ended. Every asset priced for liquidity abundance is now being repriced for scarcity. The Bank for International Settlements reports $764 billion in direct cross-border Yen loans by the second quarter of 2025. Including derivative instruments and hedging positions, total carry trade risk exceeds $1.2 trillion. In 18-24 months, $500-600 billion capital is expected to return to Japan, with amplified domino effects. It’s estimated that 20-25% of crypto market liquidity relies directly or indirectly on Yen flows, raising concerns over “direct liquidity issues in crypto” amidst stock market declines. This is partly why accelerated sales began on Sunday, and without rapid U.S. expansion and crypto inflows, medium-term impacts could be greater. The Federal Reserve’s decision to end quantitative tightening on December 1, 2025, is viewed as a preventative measure for Japan. Following years of continuous sales, the Fed should revert to buying Treasury bonds to mitigate effects. Despite Powell’s hawkish efforts, shifting conditions pressure the Fed’s stance. For cryptocurrencies, the situation leans towards a rise by 2026, contingent on the magnitude of the Fed’s actions. 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. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-11-28 09:01
9mo ago
|
American Model Shares Potential XRP Role in Japan’s $4.5 Trillion Reverse Carry Trade | CoinGecko News | |
|
Original source text
American model Bri Teresi recently discussed the idea that XRP could play a role in Japan’s reverse yen carry trade, a multitrillion-dollar unwind now moving through global markets. In a recent post on X, Teresi said she believes XRP matches the type of fast and programmable system that the financial infrastructure of today needs. Teresi Spotlights XRP’s Strengths She called attention to guidance from the Bank for International Settlements (BIS), which says an effective settlement asset should turn over 8 to 10 times a day so banks avoid holding slow-moving currency. I believe XRP will be used as a bridge asset in the reverse Yen carry trade. Right now, the BIS says an efficient settlement asset should turn over 8–10 times per day to prevent banks from sitting on huge piles of stagnant currencies. But in a new financial system that’s faster,… — Bri Teresi (@briteresi) November 27, 2025 Teresi argued that newer systems focus on speed, and she sees XRP meeting that requirement, with SBI Remit in Japan already using it for faster cross-border settlements. According to the model, XRP’s design allows it to move far faster than the BIS benchmark. After watching an analysis from crypto educator Lewis Jackson, she raised an important question: if trillions begin crossing borders as this reverse carry trade unwinds, what kind of transaction speed will regulators expect from a bridge asset like XRP? What is The Reverse Carry Trade? For context, Jackson highlighted the entire situation in a recent podcast episode. During his commentary, he discussed how a carry trade works, using a simple example. Specifically, a person could borrow $100,000 in a country offering 0% interest, convert the funds into their own currency, and invest it at a 5% return. After one year, that investor would still owe exactly $100,000, but the investment would produce $105,000, leaving $5,000 in profit. Jackson explained that Japan enabled this type of strategy for more than twenty years because the Bank of Japan cut interest rates to 0% in 1999, held that level for years, and even pushed rates negative in 2016, which effectively paid people to borrow. He noted that this environment created what the market calls the yen carry trade. Ministry of Finance data places the size of this trade between $4.2 trillion and $4.5 trillion, with major global banks and financial institutions taking part. The Bank for International Settlements documented this activity as well. However, everything changed on March 19, 2024, when the Bank of Japan ended its negative-rate era and raised its benchmark rate to 0.1%. Jackson said the small move created major concern because investors feared more hikes could follow. Notably, higher rates would erase the profit potential of carry trades, so many traders started to unwind their positions. This led to the reverse carry trade. He estimated that roughly 40% of the trade had already reversed, leaving 60% still active. This remaining portion could strain the system if it unwinds too quickly. XRP Could Have a Role to Play Jackson then explained why some people in the crypto community believe XRP could help. For context, reversing a carry trade at this scale requires fast and reliable currency conversion, and traditional rails often move slowly and cost a lot. According to him, XRP offers a quicker, cheaper, and more secure way to move value across borders. He then highlighted Japan’s long relationship with XRP. Specifically, SBI Remit uses XRP for payment routes between Japan and the Philippines and between Japan and Indonesia. Also, Japanese institutions maintain long-running partnerships with Ripple, which gives the theory more weight. Jackson noted that he had studied BIS documents, Japanese regulatory material, and SBI Remit’s integrations, and confirmed that the major details behind the reverse carry trade storyline all come from established sources. He then called attention to discussions over how XRP’s price might react if these flows ran through the asset, with some predicting price surges to thousands. While Jackson does not support any specific prediction, he said Japan’s policy shift, the scale of the unwind, and XRP’s presence in the country create a setup that deserves serious attention. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-01 05:04
9mo ago
|
Yen Carry Crypto Trading Over? Japan Signals Rate Hike | CoinGecko News | |
|
Original source text
Yen Carry Crypto Trading Over? Japan Signals Rate Hike |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-01 07:57
9mo ago
|
Japan’s Bond Shock Slams Crypto: $640 Million Liquidated as 10-Year JGB Hits 17-Year High | CoinGecko News | |
|
Original source text
Japan’s Bond Shock Slams Crypto: $640 Million Liquidated as 10-Year JGB Hits 17-Year High |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-01 17:28
9mo ago
|
JP-BLOOMBERG: Bitcoin Selloff Resumes Below $85K; Yen Carry Trade Worries | CoinGecko News | |
|
Original source text
JP-BLOOMBERG: Bitcoin Selloff Resumes Below $85K; Yen Carry Trade Worries |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-05 16:01
9mo ago
|
Yen Carry Trade Collision: Bank of Japan’s Rate Shock Aims at Bitcoin | US Crypto News | CoinGecko News | |
|
Original source text
Yen Carry Trade Collision: Bank of Japan’s Rate Shock Aims at Bitcoin | US Crypto News |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-06 03:30
9mo ago
|
Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind | CoinGecko News | |
|
Original source text
Dec 6, 2025, 3:30 a.m.2 min read Summary The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.The Bank of Japan is preparing to raise interest rates at its December policy meeting, a shift that would lift the country’s benchmark rate to its highest level since 1995 and potentially reverberate through global risk markets, including crypto. People familiar with the matter told Bloomberg that policymakers are leaning toward a 25-basis-point hike to 0.75% at the Dec. 19 meeting, contingent on no major shock to global markets or Japan’s domestic outlook. The yen strengthened after the report, climbing from just above 155 to around 154.56 per dollar on Friday. Such implications run through the yen-funded carry trade, one of the financial world’s oldest macro linkages. Hedge funds and proprietary trading desks have historically borrowed yen at ultra-low rates to finance leveraged positions in higher-beta assets — a structure that persisted through nearly three decades of near-zero BOJ policy. A shift toward higher Japanese rates reduces the attractiveness of that trade and may force positioning adjustments in markets where leverage and liquidity are most sensitive, including bitcoin. A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows. BTC slipped toward $86,000 earlier in the week before recovering to over $93,000 alongside U.S. equities, and remains heavily influenced by global rate expectations after a month of macro-driven volatility. Governor Kazuo Ueda signaled Monday that the board would make an “appropriate decision” on rates, language similar to remarks delivered ahead of prior hikes. Market pricing now implies almost a 90% probability of a December move. Prime Minister Sanae Takaichi’s key ministers are not expected to oppose the shift. BOJ officials are also likely to indicate readiness for further tightening if their outlook materializes, though they remain cautious about committing to a path. For bitcoin traders, the risk is less about Japan’s terminal rate and more about the directional break from a decades-long source of global liquidity. If yen funding costs continue to rise, leveraged macro funds may trim exposure to BTC and other high-volatility assets. But a controlled, incremental BOJ tightening, without sharp equity drawdowns, may have limited impact in the near term, especially with U.S. rate-cut odds rising. 12345678910 |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-07 05:36
9mo ago
|
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere | CoinGecko News | |
|
Original source text
Updated Dec 7, 2025, 1:50 p.m. Published Dec 7, 2025, 5:36 a.m.3 min read Summary Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of "carry trades," crushing bitcoin. Their analysis, however, overlooks actual positioning in the FX and bond markets, missing the nuance and far more likely risk that Japanese yields, by anchoring and potentially lifting global bond yields, could eventually weigh over risk assets rather than the yen itself. Popular yen carry tradesBefore diving deeper, let's break down the yen carry trade and its influence on global markets over the past few decades. The yen (JPY) carry trade involves investors borrowing yen at low rates in Japan and investing in high-yielding assets. For decades, Japan kept interest rates pinned near zero, prompting traders to borrow in yen and invest in U.S. tech stocks and U.S. Treasury notes. As Charles Schwab noted, "Going long on tech and short on the yen were two very popular trades, because for many years, the yen had been the cheapest major funding currency and tech was consistently profitable." With the BOJ expected to raise rates, concerns are rising that the yen will lose its cheap-funding status, making carry trades less attractive. Higher Japanese interest rates and JGB yields, along with a strengthening yen, could trigger carry trade unwinds – Japanese capital repatriating from overseas assets and sparking broad risk aversion, including in BTC, as witnessed in August 2025. Debunking the scareThis analysis, however, lacks nuance on several levels. First and foremost, Japanese rates – even after the expected hike – would sit at just 0.75%, versus 3.75% in the U.S. The yield differential would still remain wide enough to favor U.S. assets and discourage mass unwinding of carry trades. In other words, BOJ will remain the most dovish major central bank. Secondly, the impending BOJ rate hike is hardly unexpected and is already priced in, as evidenced by Japanese government bond (JGB) yields hovering near multi-decade highs. The benchmark 10-year JGB yield currently stands at 1.95%, which is more than 100 basis points above the official Japanese benchmark interest rate of 0.75% projected after the hike. The same can said about the two-year Japanese yield, which is hovering above 1%. This disconnect between bond yields and policy rates suggests market expectations for tighter monetary conditions are likely already priced in, reducing the shock value of the rate adjustment itself. "Japan’s 1.7% JGB yield isn’t a surprise. It has been in forward markets for more than a year, and investors have already repositioned for BOJ normalization since 2023," InvestingLive's Chief Asia-Pacific Currency Analyst Eamonn Sheridan said in a recent explainer. Bullish yen positioningLastly, speculators' net long yen positions leave little room for panic buying post-rate hike, and even less reason for carry trade unwinds. Data tracked by Investing.com shows that speculators' net positioning has been consistently bullish on the yen since February this year. This starkly contrasts with mid-2024, when speculators were bearish on the yen. That likely triggered panic buying of the yen when the BOJ raised rates from 0.25% to 0.5% on July 31, 2024, leading to the unwinding of carry trades and losses in stocks and cryptocurrencies. Another notable difference back then was that the 10-year yield was on the verge of breaking above 1% for the first time in decades, which likely triggered a shock adjustment. That's no longer the case, as yields have been above 1% and rising for months, as discussed earlier. The yen's role as a risk-on/risk-off barometer has come under question recently, with the Swiss franc emerging as a rival offering relatively lower rates and reduced volatility. To conclude, the expected BOJ rate hike could bring volatility, but it is unlikely to be anything like what was seen in August 2025. Investors have already positioned for tightening, as Schwab noted, and adjustments to BOJ tightening are likely to happen gradually and are already partially underway. What could go wrong?Other things being equal, the real risk lies in Japanese tightening sustaining elevated U.S. Treasury yields, countering the impact of expected Fed rate cuts. This dynamic could dampen global risk appetite, as persistently high yields raise borrowing costs and weigh on asset valuations, including those of cryptocurrencies and equities. Rather than a sudden yen surge unwinding carry trades, watch BOJ's broader global market impact. Another macro risk: President Trump's push for global fiscal expansion, which could stoke debt fears, lift bond yields, and trigger risk aversion. 12345678910 |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-14 08:21
8mo ago
|
Yuzhi Financial Exposed Wearing the "Cryptocurrency Exchange" Cloak to Carry Out a Fund Ponzi Scheme | CoinGecko News | |
|
Original source text
The VIX Fear Index for the US stock market stands at 18.63 today, with fear sentiment intensifying in the crypto market.According to Cboe data, the U.S. stock market's VIX Fear Index stands at 18.63 as of today, down 0.86 points from the prior reading of 19.49, marking a decline of approximately 4.41%. Separately, per Alternative data, the Crypto Fear & Greed Index is at 12 today (compared to 17 yesterday), indicating intensifying extreme fear sentiment. 5 minutes ago Bank of Japan Board Member: Should Accelerate Pace of Interest Rate Hikes If Upside Inflation Risks Intensify Bank of Japan (BOJ) Policy Board member Naoki Tamura stated that if upside risks to price growth intensify further, the BOJ should not hesitate to accelerate the pace of interest rate hikes or raise rates by a larger margin. He projected that the BOJ will implement interest rate hikes every few months until its policy rate reaches the neutral level of around 2%. (Golden Ten) 5 minutes ago Crypto token M plunged over 80% in a short period, hitting a low near $0.5. According to HTX market data, the token M saw a sharp short-term price plunge, with its decline once exceeding 80% and hitting a low of around $0.5, and is now trading at $0.54. 5 minutes ago Blockchain data infrastructure firm Cambrian has closed a $6 million funding round, jointly led by Franklin Templeton and Polychain Capital. Blockchain data infrastructure project Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, and other investors. The project previously raised a $5.9 million pre-seed round led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million. Cambrian currently provides institutional investors and AI Agents with real-time and historical data APIs covering on-chain yields, risks, lending markets, and trading activities, and plans to further build a verifiable data oracle network. Official data shows it has indexed over $4.5 billion in lending TVL, tracks more than 320,000 DEX liquidity pools, and currently supports Base and Solana, with plans to expand to additional ecosystems including Ethereum. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team recruitment. 5 minutes ago Whale 0xbilly pulled off another "buy high, sell low" move, exiting with a $220,000 loss in a single day. According to EmberCN’s monitoring, whale address 0xbilly liquidated 2,409 ETH in the early hours of today when ETH fell to around $1,569.5, worth approximately $3.78 million, with a total loss of roughly $220,000. Notably, this batch of ETH was purchased just one day ago for about 4 million USDC, at an average price of approximately $1,660.2. The address also previously bought 7,768.5 ETH at a high of $2,254 in March this year, valued at around $17.51 million, and exited via stop-loss four days later, incurring a loss of roughly $800,000. 5 minutes ago Two whales opened a short position worth approximately $90 million on the S&P 500. According to monitoring by Onchain Lens, two whale addresses are building short positions on the S&P 500, with a combined position of approximately $90 million. Details are as follows: Whale address "0x469" has opened 6,500 S&P 500 short positions, using 20x leverage, valued at around $48 million, with a liquidation price of $8,413.66. Whale address "0x4ff" has opened 5,686.66 S&P 500 short positions, using 7x leverage, valued at around $42 million, with a liquidation price of $8,358.13. 5 minutes ago |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-14 09:20
8mo ago
|
Analysis: Yen Carry Trade has significantly shrunk, Bitcoin may strengthen after the Bank of Japan's policy pressure is released | CoinGecko News | |
|
Original source text
The VIX Fear Index for the US stock market stands at 18.63 today, with fear sentiment intensifying in the crypto market.According to Cboe data, the U.S. stock market's VIX Fear Index stands at 18.63 as of today, down 0.86 points from the prior reading of 19.49, marking a decline of approximately 4.41%. Separately, per Alternative data, the Crypto Fear & Greed Index is at 12 today (compared to 17 yesterday), indicating intensifying extreme fear sentiment. 5 minutes ago Bank of Japan Board Member: Should Accelerate Pace of Interest Rate Hikes If Upside Inflation Risks Intensify Bank of Japan (BOJ) Policy Board member Naoki Tamura stated that if upside risks to price growth intensify further, the BOJ should not hesitate to accelerate the pace of interest rate hikes or raise rates by a larger margin. He projected that the BOJ will implement interest rate hikes every few months until its policy rate reaches the neutral level of around 2%. (Golden Ten) 5 minutes ago Crypto token M plunged over 80% in a short period, hitting a low near $0.5. According to HTX market data, the token M saw a sharp short-term price plunge, with its decline once exceeding 80% and hitting a low of around $0.5, and is now trading at $0.54. 5 minutes ago Blockchain data infrastructure firm Cambrian has closed a $6 million funding round, jointly led by Franklin Templeton and Polychain Capital. Blockchain data infrastructure project Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, and other investors. The project previously raised a $5.9 million pre-seed round led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million. Cambrian currently provides institutional investors and AI Agents with real-time and historical data APIs covering on-chain yields, risks, lending markets, and trading activities, and plans to further build a verifiable data oracle network. Official data shows it has indexed over $4.5 billion in lending TVL, tracks more than 320,000 DEX liquidity pools, and currently supports Base and Solana, with plans to expand to additional ecosystems including Ethereum. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team recruitment. 5 minutes ago Whale 0xbilly pulled off another "buy high, sell low" move, exiting with a $220,000 loss in a single day. According to EmberCN’s monitoring, whale address 0xbilly liquidated 2,409 ETH in the early hours of today when ETH fell to around $1,569.5, worth approximately $3.78 million, with a total loss of roughly $220,000. Notably, this batch of ETH was purchased just one day ago for about 4 million USDC, at an average price of approximately $1,660.2. The address also previously bought 7,768.5 ETH at a high of $2,254 in March this year, valued at around $17.51 million, and exited via stop-loss four days later, incurring a loss of roughly $800,000. 5 minutes ago Two whales opened a short position worth approximately $90 million on the S&P 500. According to monitoring by Onchain Lens, two whale addresses are building short positions on the S&P 500, with a combined position of approximately $90 million. Details are as follows: Whale address "0x469" has opened 6,500 S&P 500 short positions, using 20x leverage, valued at around $48 million, with a liquidation price of $8,413.66. Whale address "0x4ff" has opened 5,686.66 S&P 500 short positions, using 7x leverage, valued at around $42 million, with a liquidation price of $8,358.13. 5 minutes ago |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-17 14:40
8mo ago
|
Bitcoin Faces Turbulence: What’s Behind the Activity Surge? | CoinGecko News | |
|
Original source text
Bitcoin (BTC) $60,983 trades below its support level, priced at $87,800 as U.S. markets open. James Bull explains why interest rate cuts are causing declines in cryptocurrencies. Meanwhile, Quinten points out the most significant shark activity in 13 years. What’s happening in the crypto market?Interest Rate Cuts and Cryptocurrency DeclinesIn today’s assessment, James remarks that interest rate cuts undermine the profitability of the Japanese Yen Carry Trade, currently at an annual rate of 3.35%. While such cuts assist in long-term bullish tendencies, Japan has seen three interest rate hikes in the past two years, with another expected on Friday. The Federal Reserve’s rate decisions further erode profitability against Japan’s hikes, prompting declines according to the analyst. “In the long run, they display an upward trend for global liquidity, yet create short-term uncertainty for the Japanese Yen Carry Trade. The most optimistic scenario is for rate cuts to appear on the horizon, but not occur for several months, reducing the risk of the carry trade ending. Currently, with only two rate cuts planned for this year, we might be at the most suitable point for them, potentially lifting my altcoin portfolio. However, unforeseen events could entirely change this and lead to losses,” he adds. A Historic Event in CryptocurrencyQuinten notes an unprecedented collection of Bitcoin by smaller whales, or “sharks” (wallets holding between 100 and 1,000 BTC), echoing a pattern from 13 years ago. While early adopters and short-term investors panic sell, these smaller entities accumulate at unmatched speeds, revealing the identity of buyers. DaanCrypto mentions that BTC returned to levels from six months ago, significantly clearing liquidity. Currently, the largest liquidity cluster is set at $95,000, and BTC should move upwards, but news flow hinders this path. Swissblock recently examined spot demand, offering insights into market conditions. The analyst suggests that, due to seasonality, delayed liquidity, or lack of confidence in BTC, demand is not decisive, indicating the potential for consolidation to persist in current conditions. Thus, BTC might continue its mundane movements for a while longer. Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-18 09:20
8mo ago
|
Japan’s Bond Yields Hit 1.98%: BOJ Rate Shift Impacts Gold, Silver, and Bitcoin | CoinGecko News | |
|
Original source text
Japan’s 10-year government bond yields surged to 1.98% in December 2025, the highest level since the 1990s. It comes as markets braced for the Bank of Japan’s (BOJ) policy meeting on December 19.The move has triggered a global rally in precious metals, with gold and silver surging 135% and 175%, respectively, since early 2023. Meanwhile, Bitcoin is under pressure as forced selling intensifies across Asian exchanges, highlighting a divergence in market reactions to Japan’s rate shift. Japan’s Bond Yields Hit 1.98%For decades, Japan maintained near-zero interest rates, anchoring global liquidity through the yen carry trade. Investors borrowed yen at a low rate to fund higher-yielding assets worldwide, effectively exporting ultra-low interest rates. An expected 25-basis-point hike, raising the rate to 0.75%, may appear modest in absolute terms, but the pace of change matters more than the level. BOJ Interest Rate Probabilities. Source: Polymarket “Carry trade at risk: Nobody knows when the real consequences will materialize, but this continued shift will likely drain liquidity from markets, potentially causing a ripple effect through margin calls and other forced deleveraging,” warned Guilherme Tavares, CEO at i3 Invest. Analysts see the BOJ move as more than a domestic adjustment. “When Japan’s yields move, global capital pays attention. Gold and silver aren’t reacting to inflation headlines. They’re pricing sovereign balance sheet risk. Japan isn’t a sideshow anymore. It’s the fulcrum,” noted Simon Hou-Vangsaae Reseke. Gold and Silver Prices Surge Amid Rising Sovereign RiskPrecious metals have been closely tracking Japanese yields. According to Global Market Investor, gold and silver are moving almost perfectly in line with Japanese government bond yields. This suggests that precious metals are being used as a primary hedge against the rising cost of government debt. Gold and Silver Prices Tracking Japan’s 10Y Bond. Source: Global Markets Investor on X “It’s not the yield itself, it’s what the move represents — rising sovereign risk, tighter global liquidity, and uncertainty about currency credibility. Gold responds as protection, and silver follows with more volatility,” commented analyst EndGame Macro. The silver market is showing signs of speculative mania. The China Silver Futures Fund recently traded 12% above the physical metal it tracks, indicating that demand for leveraged exposure is outpacing the underlying asset. ⚠️ Silver market mania is an UNDERSTATEMENT: The China Silver Futures Fund was trading +12% above the actual value of the silver it is supposed to track Investors are buying the fund much faster than the silver behind is rising, a sign of SPECULATION. 👇https://t.co/8kAngXV9CH — Global Markets Investor (@GlobalMktObserv) December 17, 2025 Investors are increasingly treating gold and silver as hedges against broader macro risks, rather than just inflation. Bitcoin Faces Pressure as Carry Trades UnwindMeanwhile, the Bitcoin price is feeling the strain of tightening yen liquidity. “Asia-based exchanges have seen persistent spot selling. Miner reserves are falling — forced selling, not choice…Long-term Asian holders appear to be distributing…Price stays heavy until forced supply is cleared,” wrote CryptoRus, citing XWIN Research Japan. US institutions continue buying, with the Coinbase Premium positive, but forced liquidations in Asia and an 8% drop in Bitcoin hashrate have added downward pressure. Bitcoin Price and Coinbase Premium. Source: CryptoQuantPast BOJ rate shifts have coincided with significant BTC declines, and traders are watching closely for further downside toward $70,000. THE BANK OF JAPAN MIGHT BE BITCOIN’S BIGGEST ENEMY Japan holds the most US debt. Every time they hike, Bitcoin bleeds: March 2024: -23% July 2024: -30% Jan 2025: -31% Next hike: Dec 19 Next move: loading… If the pattern repeats, $70K is in play. pic.twitter.com/R5916R702I — Merlijn The Trader (@MerlijnTrader) December 14, 2025 The contrasting reactions of precious metals and Bitcoin highlight differences in risk positioning. Gold and silver are attracting safe-haven flows amid growing sovereign risk, while Bitcoin faces liquidation-driven price pressure. Analysts note that future Fed rate cuts may offset the BOJ’s impacts, but the speed of the policy change is crucial. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-12-19 18:22
8mo ago
|
Bitcoin Holds $87K Despite BOJ Rate Hike as Carry Trade Fears Fade | CoinGecko News | |
|
Original source text
TLDR: Bitcoin avoided historical 23-30% crash despite BOJ hiking rates to highest level since 1995 era. Governor Ueda’s cautious commentary and gradual approach prevented panic selling seen in previous hikes. Yen weakness above 156 against USD signals carry trade remains intact, supporting risk asset prices. Bitcoin successfully decoupled from Japanese monetary policy, trading on fundamentals rather than liquidity.Bitcoin maintained its position around $87,000 following the Bank of Japan’s December rate hike, defying historical patterns that previously triggered sharp declines. The cryptocurrency’s stability marked a departure from past reactions to Japanese monetary policy shifts. Market participants observed minimal volatility despite pre-hike concerns about potential carry trade unwinding. The BOJ’s dovish messaging alongside the 25 basis point increase provided reassurance rather than panic. BOJ’s Dovish Approach Prevents Market Panic The Bank of Japan raised rates to 0.75%, reaching the highest level since 1995. Governor Ueda’s commentary emphasized caution regarding global uncertainties and avoided committing to future hike timelines. This approach contrasted sharply with previous rate adjustments that sent shockwaves through crypto markets. Historical data showed concerning precedents for Bitcoin holders. The March 2024 end to negative rates resulted in a 23% drop. July 2024’s surprise hike triggered a 25% decline. January 2025’s follow-up adjustment caused a 30% crash. These patterns created widespread fear around December’s anticipated move. The market had priced in the hike with 98% certainty through prediction markets. Crypto analyst David noted that the BOJ successfully conveyed a message of gradual policy adjustment. Bitcoin Resilience at $87K as the Carry Trade Threat Fizzles History Going into December, the historical precedent was terrifying. The Bank of Japan (BOJ) was poised to hike rates to 0.75% the highest level since 1995. For Bitcoiners, "BOJ Hike" had become synonymous with… pic.twitter.com/dvwItZvIKg — David 🇺🇸 (@david_eng_mba) December 19, 2025 The central bank’s “wait and see” stance prevented the panic correlation that previously linked Bitcoin to yen movements during shock events. Currency Dynamics Support Risk Assets The yen weakened following the rate announcement, with USD/JPY pushing above 156. This currency movement signaled the absence of a liquidity squeeze that traders had feared. The carry trade structure remained intact as borrowing costs stayed manageable for investors holding leveraged positions. Bitcoin’s correlation to the yen proved negligible during normal market conditions. Only shock events historically triggered strong correlations between the assets. The dovish messaging prevented such shock conditions from materializing. Market participants interpreted this as a “sell the rumor, buy the news” scenario in reverse. The current US macroeconomic backdrop differs substantially from 2024’s recession fears. Stable economic conditions provided additional support for risk assets like Bitcoin. The cryptocurrency traded on its own fundamentals rather than serving as a liquidity proxy for Japanese monetary policy. This decoupling represented a material shift in market dynamics. The carry trade risk remains dormant rather than eliminated entirely. Bitcoin’s resilience depends on continued yen weakness and gradual BOJ policy adjustments. Three factors contributed to the positive outcome: telegraphed policy moves, weak yen supporting risk appetite, and stable broader market conditions supporting asset valuations. Bitcoin currently trades near $87,000 with the bull market trajectory intact. The cryptocurrency successfully navigated one of 2025’s major macro headwinds. Market observers will monitor whether this decoupling persists through future policy adjustments. The outcome demonstrated Bitcoin’s growing maturity in handling traditional financial market pressures without succumbing to historical correlations. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2026-01-02 09:07
8mo ago
|
Here’s the XRP Price if Ripple Does Carry Out the Ninth Largest IPO in 2026 | CoinGecko News | |
|
Original source text
Discussion around a possible Ripple IPO in 2026 and potential impact on the XRP price has picked up after Investing Visuals ranked major private companies by estimated valuation.Specifically, the presentation places SpaceX at the top with a projected value of $1.5 trillion. OpenAI follows at $830 billion, while ByteDance stands at $480 billion. Anthropic comes in at $230 billion, Databricks at $160 billion, and Stripe at $120 billion. Projected Ripple IPO at $50B Meanwhile, Revolut holds an estimated valuation of $90 billion, with Shein at $55 billion. Notably, Ripple comes in next at $50 billion, matching Canva at the same level. Together, these companies account for a combined valuation of roughly $3.6 trillion. Potential Largest IPOs | Investing Visuals If Ripple goes public at a $50 billion valuation, it will likely rank as the ninth-largest IPO of 2026. This figure also exceeds Ripple’s most recent private valuation. For context, in Q4 2025, Ripple completed a $500 million funding round that valued the company at about $40 billion. A move to $50 billion would represent a 25% increase. Importantly, an IPO of that size would raise questions about XRP’s price outlook. While Ripple operates as a company and XRP exists as a separate digital asset, the markets have often linked the two. Specifically, when Ripple expands partnerships, gains regulatory clarity, or attracts institutional attention, XRP sentiment typically picks up. To understand how a $50 billion IPO could affect XRP, we asked Google Gemini for an assessment. XRP Price if Ripple IPOs at $50B Google Gemini called 2026 a year when Ripple’s corporate growth and XRP’s market performance could become more connected, especially for institutional investors. With the assumption that Ripple lists publicly at a $50 billion valuation, Gemini presented a hypothetical price range for XRP. According to Gemini, a public listing would represent Ripple’s move from a long-standing private company to a major public one. While XRP does not represent ownership in Ripple, the token benefits from activity within Ripple’s ecosystem. Increased visibility from an IPO could bolster confidence in Ripple’s technology and, by extension, support demand for XRP. XRP Price Prediction if Ripple IPOs at $50B | Google Gemini In this scenario, Gemini suggested a bullish XRP price range between $8 and $15. One major factor behind this prediction is institutional sentiment. At present, XRP trades largely on retail demand and its role in cross-border payments. A successful IPO could send a message to traditional finance that Ripple’s business model has matured. Gemini pointed out that some institutional analysts, including Standard Chartered, have already mentioned $8 as a possible XRP target for 2026, assuming steady ETF inflows and lower regulatory risk. Ripple Executives Downplay the Urgency of an IPO Despite these projections, Ripple executives have consistently downplayed the urgency of an IPO. CEO Brad Garlinghouse said in a July 2024 Fortune interview that going public represents only one step in Ripple’s journey, not a final goal. In March 2025, Garlinghouse told Bloomberg that an IPO was not a major priority, noting that Ripple continued to grow without needing public capital. Moreover, he also mentioned to Bloomberg that Ripple currently focuses on acquiring firms, not pursuing a public offering. Ripple President Monica Long has suggested the same. In an April 2025 CNBC interview, she confirmed that Ripple had no plans to go public in 2025, pointing to billions of dollars in cash reserves. Later, at the Swell conference in New York in November 2025, she told Bloomberg that Ripple had no IPO plan and no timeline. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2026-01-06 03:24
8mo ago
|
Asia Market Open: Bitcoin Ticks Up As Asian Shares Carry Wall Street Momentum | CoinGecko News | |
|
Original source text
Shalini NagarajanCrypto Reporter Shalini Nagarajan Part of the Team Since Jan 2024 About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Has Also Written Last updated: January 6, 2026 Bitcoin nudged higher toward $93,000 on Tuesday as Asian equities pushed deeper into record territory, picking up Wall Street’s momentum after energy and financial shares helped lift the Dow Jones Industrial Average to a fresh all-time high. Traders kept one eye on Venezuela after a US weekend operation captured President Nicolás Maduro, a jolt that initially boosted oil and energy stocks, then faded into the background as markets refocused on the week’s macro calendar. Market snapshot Bitcoin: $93,787, up 0.9% Ether: $3,220, up 1% XRP: $2.40, up 12.1% Total crypto market cap: $3.29 trillion, up 1.4% Oil Pulls Back As Traders Weigh Venezuela Risks And Next US StepsOil cooled after Monday’s jump. Brent slipped $0.19 to $61.57 a barrel and West Texas Intermediate eased $0.22 to $58.10 as traders weighed what Washington’s next steps could mean for Venezuelan crude flows over time. President Donald Trump said he would put Venezuela under temporary American control and warned he could order another strike if the country does not cooperate with US efforts to open up its oil industry and curb drug trafficking. In equities, the rally broadened across Asia. MSCI’s index of Asia Pacific shares outside Japan rose again, Japan’s Topix hit a record, and Hong Kong and mainland Chinese stocks added to gains as investors leaned into the same risk bid that carried US benchmarks higher overnight. Wall Street set the tone overnight, closing higher as financial stocks powered the Dow Jones Industrial Average to an all-time high and energy firms rallied after a US military strike captured Venezuelan President Nicolás Maduro. Investors bet Washington’s move could unlock access for US companies to Venezuela’s vast oil reserves, and Trump’s administration plans to meet oil executives this week to discuss boosting production. The gains capped a third straight year of double-digit advances for major US indexes, a streak last seen in 2021. Markets Juggle Calm FX With Busy Commodities And CryptoCurrencies told a calmer story. The US dollar held steady ahead of Friday’s jobs report after a sharp intraday swing a session earlier, when weaker factory data pulled the rug from under a short-lived dollar pop. Commodities stayed busy even without a new shock. Copper set a record amid disruptions in Chile, and gold hovered near all-time highs at about $4,449 an ounce, keeping the hedge trade in the conversation as geopolitics stays unpredictable. Crypto traders largely treated the Venezuela headlines as another catalyst for positioning rather than a thesis on its own. Some analysts also linked the Venezuela story to mining economics through energy. “Cheaper and more abundant energy would improve miner margins globally and could unlock a new phase of mining expansion, particularly in regions able to secure long-term power contracts,” Bitfinex analysts said. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2026-01-07 05:25
8mo ago
|
Yen Carry Trade Risk Edges Toward Bitcoin as Investors Underprice Japan’s Bond Market Shock | CoinGecko News | |
|
Original source text
Yen Carry Trade Risk Edges Toward Bitcoin as Investors Underprice Japan’s Bond Market Shock |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2024-07-02 09:23
2yr ago
|
ASI token merger phase 1 results in delisting of AGIX, OCEAN | CoinGecko News | |
|
Original source text
ASI token merger phase 1 results in delisting of AGIX, OCEAN |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2024-07-03 05:00
2yr ago
|
FET Drops 9% As ASI Token Merger Phase 1 Kicks Off | CoinGecko News | |
|
Original source text
Reason to trustStrict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update. ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close in preparation for the migration to FET. Additionally, the delisting process from crypto exchanges would begin for the two tokens. Meanwhile, FET would continue to trade as usual, with spot and perpetual trading continuing under the same tricker. The initial phase of the merger aims to “onboard exchanges and data aggregators for a smooth transition.” Fetch.AI saw a rebrand across platforms. The project took the Artificial Superintelligence Alliance name and logo but kept its ticker. Moreover, the ASI alliance opened a migration platform on the SingularityDAO dApp to help users migrate their tokens. Some crypto exchanges, including Kraken and Coinbase, revealed they would not support customers on the ASI token merger. Kraken announced that the trading of OCEAN and FET will continue to be supported on the platform until further notice. The exchange also noted that users must withdraw their tokens to a self-custodial wallet to migrate them. Similarly, Coinbase informed its users that it chose to “not execute the migration of these assets on behalf of users.” Both exchanges also clarified they would not support the eventual migration from FET to ASI. FET Retraces Following Rebrand After updating the token’s name, supply, and market capitalization, FET flipped Render (RNDR) in the AI tokens sector. According to CoinMarketCap data, the token is now the 27th largest cryptocurrency by market cap, with $3.38 billion. Following the rebrand, FET’s price dropped similarly to when the token merger delay news was released. At the time, the merging tokens saw an 8-10% price decline following the rescheduling of the merger. The delay was attributed to logistical and technical issues. FET fell from the $1.4 support zone on Monday to $1.27, a 9.7% drop in 12 hours. However, the AI token has recovered the $1.3 mark, currently trading at $1.33, representing a 3.6% decline in the last 24 hours. Some market watchers found this performance disappointing. Some investors believe it might be best not to get involved until the merger is completed. Sjuul Follings, crypto trader and founder of Alt Crypto Games expressed his disappointment with the token’s recent fakeout. Per the trader, he was optimistic about the late June price action, believing the token was about to break out and expand ahead of the ASI alliance. Nonetheless, FET could not reclaim the $1.8 support zone and retraced to the $1.4 support level over the weekend. Despite the bearish trend, investors remain optimistic about the token’s future as the merger’s phase 1 is only starting. Some investors forecast a short-term price target of $5 for ASI and a long-term goal of $13. FET is trading at $1.33 in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2024-09-18 12:00
1yr ago
|
SingularityDAO Partners With Cogito Finance to Boost DeFi Offerings | CoinGecko News | |
|
Original source text
SingularityDAO Partners With Cogito Finance to Boost DeFi Offerings |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2024-09-18 12:00
1yr ago
|
SingularityDAO Expands DeFi Portfolio with Cogito Finance’s Tokenized RWAs Integration | CoinGecko News | |
|
Original source text
SingularityDAO, a decentralized portfolio management protocol and Cogito Finance have teamed to include Real World Assets (RWA) into their forthcoming AI-driven v2 DynaVaults, which will merge DeFi and TradFi by developing both compliant and cutting-edge onchain solutions.Tokenized RWAs from Cogito are backed 1:1 by the underlying asset and are issued as ERC-20 tokens that are released on Ethereum (Optimism, Arbitrum, Base, and Polygon). All off-chain transactions are carried out on the blockchain for transparency, including the daily NAV (Net Asset Value). These calculated metrics are also shown on the dashboard, allowing customers to quickly determine the value of their portfolio. SingularityDAO’s AI-driven portfolio management protocol will enable secure digital management while increasing access to tokenized RWAs by integrating Cogito’s flagship products. Top players in the cryptocurrency space are showing interest in RWA tokenization, one of the DeFi ecosystem’s fastest-growing sectors. Some analysts believe this sector’s potential is greatly underutilized. Cogito offers low-risk investment options with high liquidity, stability, and maturities ranging from 0 to 3 months in its Tokenized U.S. Treasury Bills, or TFUND. XFUND, a diverse portfolio aimed at high-growth industries in technology and artificial intelligence, and GFUND (Green Bonds), a medium-risk investment focused on financing environmentally beneficial projects, supplement TFUND. These investments are in line with the rising need for sustainable finance. Leading AI-enabled asset management solutions in the DeFi market are provided by SingularityDAO, while Cogito’s offerings, which include tokenized US Treasury Bills, increase the accessibility and liquidity of conventional assets onchain. SingularityDAO and Cogito Finance will provide dynamic vaults that give DeFi customers new methods to obtain yield produced from TradFi assets by combining their technology and knowledge base. Mario Casiraghi, Artificial Superintelligence Alliance Executive & SingularityDAO Co-founder, said: “The integration of Cogito Finance extends SingularityDAO’s goal of provisioning access to open finance. As TradFi and DeFi converge, the missions of SingularityDAO and Cogito align synergistically. Cogito’s innovative RWA framework plays a crucial role in this. By integrating our products, we can deliver a more holistic proposition to end users, marking a significant leap forward in the financialization of Web 3.0 for the benefit of all, as well as the broader ASI ecosystem.” Cloris Chen, CEO of Cogito Finance, added: “This integration perfectly blends the strengths of both companies in a holistic onchain financial solution. By integrating Cogito’s tokenized products into SingularityDAO’s cutting-edge AI-driven portfolio management system, we are bringing institutional-grade, low-risk, and sustainable investment options to a broader audience in the blockchain space. SingularityDAO’s expertise in decentralized financial access will ensure a truly permissionless approach, which perfectly aligns with Cogito’s mission to make tokenized RWAs more accessible, secure, and efficient for all market participants, whilst setting new benchmarks for regulated DeFi solutions.” For DeFi investors, SingularityDAO’s portfolio management vaults provide the best-in-class solution since they are based on cutting-edge AI and machine learning algorithms that generate high-quality yield and effectively control counterparty and credit risk. Regulated onchain vaults will increase real world asset returns and improve investor accessibility, security, and compliance with DeFi. By establishing new benchmarks for safe and effective asset management systems, this integration seeks to accelerate the use of blockchain technology in the financial industry. A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2024-10-15 11:33
1yr ago
|
SingularityDAO, Cogito Finance, and SelfKey Collaborate to Launch Singularity Finance | CoinGecko News | |
|
Original source text
SingularityDAO, Cogito Finance, and SelfKey unite under a new project focused on tokenizing the artificial intelligence economy. The resulting “Singularity Finance” aims to create a Layer-2 network that facilitates the tokenization of assets such as GPUs while offering AI-powered financial tools.Establishment of Singularity Finance through a Triumvirate MergerThe merger plans of SingularityDAO, Cogito Finance, and SelfKey have garnered significant attention in the industry. The new structure, named Singularity Finance, will rebrand SelfKey’s existing token KEY to the new token SFI. Additionally, SingularityDAO’s SDAO token will convert to SFI at a rate of 1:80,353, while Cogito Finance’s CGV token will convert at a rate of 1:10.89. The conversion rate may vary following discussions with stakeholders. Towards a Structure Similar to SingularityNETThis merger recalls a significant move previously made by SingularityNET. In June, SingularityNET joined forces with other AI-focused projects like Fetch.ai and Ocean Protocol to launch the Artificial Superintelligence Alliance (ASI) token. Now, SingularityDAO, emerging from the same ecosystem, draws attention with a similar consolidation initiative. The announcement of Singularity Finance highlighted its vision for developing tokenized asset management and AI-enhanced financial solutions. This merger is expected to create substantial impacts within the AI-driven cryptocurrency ecosystem. The innovations this new project will bring to the sector and the future roadmap of Singularity Finance are eagerly followed by enthusiasts and tech aficionados. Following the news, the main network asset of SingularityDAO, SDAO, saw its price rise by over 10%. As of the news preparation, the altcoin traded at $0.3215, reflecting an increase of 11.52%. The main network assets of Cogito Finance and SelfKey, CGV and KEY, also experienced increases, with CGV rising by 18.65% and KEY by 11.93%. Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-07-03 15:00
1yr ago
|
5 Real World Assets (RWA) Altcoins to Watch in July | CoinGecko News | |
|
Original source text
5 Real World Assets (RWA) Altcoins to Watch in July |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-09-03 03:01
1yr ago
|
Binance will delist BAKE, HIFI, and SLF | CoinGecko News | |
|
Original source text
Binance will delist BAKE, HIFI, and SLFPANews reported on September 3rd that according to the official announcement, Binance decided to stop trading and delist the following currencies at 11:00 on September 17, 2025 (GMT+8): BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF). Share to: Author: PA一线 This content is for market information only and is not investment advice. Follow PANews official accounts, navigate bull and bear markets together Recommended Reading Related Topics Popular Articles Industry News Market Trends Curated Readings Subscribe M Token Drops 80.74% in 24 Hours, Now at $0.5458 PANews Newsflash2 minutes ago |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-09-04 02:03
1yr ago
|
Hifi Finance responds to delisting: External accusations of scam or fraud are unfounded, and we will continue to focus on controllable matters | CoinGecko News | |
|
Original source text
PANews reported on September 4th that Hifi Finance, regarding the delisting of its HIFI token from Binance , officially stated that the team learned of the news at the same time as others and expressed regret. The team is currently focused on using existing resources to maintain critical infrastructure, continue to fulfill existing obligations, and support the community. While many may question whether the project is a scam or fraudulent, these claims are unfounded. So far, there are no constructive suggestions to offer, and the team will continue to focus on matters under their control.Coingecko data shows that the HIFI token is currently trading at $0.06437, down 29.4% in the past 24 hours. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-09-10 11:35
1yr ago
|
Binance Will Delist These 3 Altcoins—Yet Their Prices Are Skyrocketing | CoinGecko News | |
|
Original source text
Three low-cap altcoins slated for delisting by the world’s largest exchange, Binance, experienced sharp price surges on September 10.BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF) initially plummeted following the delisting notice but rebounded dramatically today, defying expectations amid heightened volatility. BAKE, HIFI, and SLF Prices Rise: Here’s Why?On September 3, BeInCrypto reported on Binance’s decision to cease trading support for these tokens effective September 17. The exchange cited routine reviews and compliance requirements, explaining that these assets no longer met its listing standards. “At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it,” Binance stated. The announcement initially battered prices. BAKE fell 20.26%, SLF dropped 25.27%, and HIFI declined 7.36%. This reflected investor panic over reduced accessibility and liquidity on Binance, which remains the largest crypto exchange by volume. However, the story took an unexpected turn today. All three tokens saw synchronized price surges during early Asian market hours. Moreover, they peaked around the same time before modest corrections set in. The biggest mover of the trio, BAKE, rose from $0.036 to $0.11. This represented a 205.5% appreciation. Even after correcting to $0.10, it maintained gains of 177%. SLF followed, climbing from $0.024 to $0.050, a 108.3% rise. By press time, the altcoin had stabilized at $0.038, up by approximately 58%. Lastly, HIFI gained more modestly. The coin advanced from $0.058 to $0.094—a 62.1% increase. After pulling back, it traded at $0.080, marking a 35.4% appreciation. BAKE, SLF, and HIFI Price Rises Today. Source: TradingViewNotably, the majority of the trading activity for all three tokens originated from Binance. CoinGecko data showed that BAKE’s daily trading volume skyrocketed by 2,541.2% to $269.54 million in the past 24 hours. Binance pairs were the clear leaders, with BAKE/USDT accounting for 38.53% of trades and BAKE/TRY for 19%. SLF saw its volume surge 658.50% to $56.15 million. Again, Binance trading pairs dominated. The SLF/USDT pair captured 30.23% of the activity, while SLF/TRY commanded an even larger 38.61%. HIFI posted a 648.8% rise in trading volume, reaching $44.38 million. The HIFI/USDT pair on Binance accounted for nearly 43% of this total. Analysts Warn of ‘Exit Liquidity’The synchronized timing of the price jumps and pumped volumes has raised questions about what’s driving the sudden surge. Crypto analyst Wise Advice noted on X that short positions—bets against the tokens—combined with low liquidity, triggered violent upward pressure as shorts covered amid rising prices. Another analyst claimed that the same manipulative group is orchestrating a pump-and-dump for all three tokens. The rise in BAKE, SLF, and HIFI mirrors patterns observed with Alpaca Finance (ALPACA). BeInCrypto highlighted that the token’s value quadrupled after a Binance delisting announcement. Nevertheless, ALPACA plunged afterward, with the losses amplified by Alpaca Finance’s closure. Thus, despite today’s rally, the long-term prospects for BAKE, SLF, and HIFI remain uncertain. Once delisted from Binance, these tokens will lose their most liquid marketplace and be forced to rely on smaller exchanges. Historically, assets in similar situations have struggled to maintain visibility and investor interest after being removed from major platforms. |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-09-13 05:49
11mo ago
|
Hifi Finance News: $HIFI Token Price Soars 600% Despite Binance Delisting | CoinGecko News | |
|
Original source text
Hifi Finance News: $HIFI Token Price Soars 600% Despite Binance Delisting |
|||
|
Saved
2026-06-25 01:22
2mo ago
Published
2025-09-15 23:00
11mo ago
|
3 Made in USA Coins to Watch in the Third Week of September | CoinGecko News | |
|
Original source text
3 Made in USA Coins to Watch in the Third Week of September |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2025-04-28 17:30
1yr ago
|
Altcoins Post Strong Daily Gains as Efinity and Casper Network Lead Market Rally | CoinGecko News | |
|
Original source text
Table of contentsEfinity and Casper Network led altcoin gains with strong trading volume on MEXC and Bitget. Sector-specific tokens in gaming, NFTs, AI, and privacy recorded major price increases. Altcoins outperformed Bitcoin’s stability as investors focused on blockchain innovation projects. According to data released by Phoenix Group, the crypto market recorded a large rally on April 28, 2025, with several altcoins posting daily gains. Investors displayed renewed sector-specific interest in blockchain gaming, NFTs, scalability projects, AI initiatives, and privacy tokens. Trading volumes across key exchanges reflected increased engagement as altcoins outpaced Bitcoin’s relative stability. Efinity (EFI) led the list of top gainers with an 80.8% increase, pushing its price to $0.21. The token’s market capitalization rose to approximately $301.8 million. A large portion of EFI’s trading volume was registered on MEXC Exchange. The price movement corresponded with broader interest in gaming and NFT-related blockchain ecosystems, sectors that have shown recurring trading spikes throughout 2025. Casper Network (CSPR) ranked second among daily gainers, climbing 62.2% to trade at $0.11. By the end of the session, its market capitalization reached $213.3 million. Additionally, heavy trading activity occurred on Bitget, suggesting focused accumulation around scalable Layer-1 blockchain platforms. During the session, CSPR’s movement marked one of the highest single-day increases among infrastructure-focused tokens. Function X, Supra, and Monero Record Significant Gains Function X (FX) posted a 44.3% daily gain, trading at $0.12 with a $101.6 million market capitalization. The token saw most of its trading activity on CoinEx. FX’s rise added to the day’s broader theme of investors seeking alternatives within decentralized ecosystems. Supra (SUPRA) advanced 36.7%, pricing at $0.007 with a total market capitalization of $88.1 million. Trading activity for SUPRA was largely concentrated on Bybit. The gain positioned SUPRA among the leading smaller-cap tokens, showing increased momentum. Monero (XMR), the largest token by market capitalization among the day’s top performers, rose by 34.5%. XMR closed at $308.38, expanding its market cap to $5.6 billion. KuCoin registered the highest volume of Monero trading for the day. Pudgy Penguins’ PENGU Token Extends Uptrend Pudgy Penguins’ token, PENGU, climbed by 33.9%, reaching $0.80. The token’s market capitalization hit $836.5 million, driven largely by trading activity on BitMart. PENGU’s move reflected heightened interest among retail participants in NFT-linked tokens. Despite market fluctuations earlier in the month, PENGU maintained consistent momentum through April’s final week. Other Top Gainers: BMT, ARC, GRIFT, and DEEP Many other tokens also received an increase in value throughout the day during the trading session. Some of the company’s mining stocks, including BubbleMaps (BMT), were up 31.2%, and AI Rig Complex (ARC) was up 26.6%. Orbit’s GRIFT token also gained 24.3%. DeepLock’s DEEP token also featured a 21.2% gain toward the bottom and was last at $0.21. The market observed a more focused accumulation on particular sectors like finance, rather than the broad-based buying witnessed in the previous session on April 28. Most of the gains were seen in sectors involving technology, gaming, NFTs, Blockchain scalability, Artificial Intelligence, and privacy coins. AUTHOR Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2025-07-13 20:00
1yr ago
|
Efinity Leads Altcoin Surge with 120% Daily Gain as Broader Market Sees Uptick | CoinGecko News | |
|
Original source text
Table of contentsEfinity (EFI) tops daily gainers with a 120.2% surge and $59M market cap spike. DeFi and infrastructure tokens post strong double-digit gains across major exchanges. Stellar leads large-cap risers as altcoin market sees renewed speculative trading volume. The crypto market recorded strong activity on July 13, 2025, with Efinity (EFI) leading daily gainers after a 120.2% surge. The token climbed to $0.73, raising its market capitalization to $59.0 million. The movement occurred as trading volumes increased on major exchanges, including KuCoin, where EFI maintains active listings. EFI’s rise was the most among all altcoins tracked that day, reflecting renewed speculative attention in the token’s market. Data shows a growing concentration of trades and liquidity flow into mid-cap assets, with multiple tokens registering double-digit gains. DeFi and Infrastructure Tokens Show Broad Strength Alpaca Finance (ALPACA) followed closely behind with a 95.0% daily increase. The token ended the session at $0.069, bringing its total market cap to $10.9 million. Known for its integration with PancakeSwap, ALPACA’s price activity tracked increasing interest across DeFi protocols. InnerFoundation’s AIN token recorded a 40.8% gain, trading at $15.10. The asset’s market cap now stands at $28.7 million. AIN’s spike reflected higher activity around infrastructure-focused assets during the session. Auction (AUCTION), which supports the Bounce protocol, rose 36.6% to $13.63. Its market capitalization grew to $87.2 million. AUCTION remains one of the top tokens traded on Binance, maintaining strong visibility among traders. AutoLayer’s token, LAY3R, posted a 19.3% rise. Despite trading at only $0.021, the token reached a $28.2K market cap, signaling early development-stage engagement. Meanwhile, MOCA climbed 19.6% to $0.092, with a significantly larger cap of $291.8 million. The uptick was attributed to recent token listings and higher platform usage. Gaming and Exchange Tokens Also Advance WEMIX gained 17.8% to reach $0.59, raising its valuation to $260.4 million. The token, linked to blockchain-based gaming projects, has remained active throughout the week. Market data pointed to steady inflows across related tokens. ECOMI’s OMI token increased by 13.7%, reaching $0.00022 and a market cap of $59.4 million. The asset showed continued trading interest despite its micro-cap status. Hedera (HBAR) increased by 12.5% to $0.062. Its market capitalization tally is now $2.2 billion making it one of the largest projects in the list. The last one was Stellar (XLM) which grew by 10.9% additional increase and was selling at $0.36. Its market cap had surged to $13.5 billion, which is the highest in the list of the best performers of the day. AUTHOR Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-09-03 15:51
2yr ago
|
Reef price rebounds as futures open interest hits 2-year high | CoinGecko News | |
|
Original source text
Reef token rose for five consecutive days as demand in the spot and futures market rose after it was delisted by Binance.Reef (REEF) rose to a high of $0.0012 on Sept. 3, marking its highest point in a month and 106% above its lowest point last month. This recovery brings its market cap to over $25 million. Reef’s recovery followed the launch of a new community developer fund by its developers, aimed at supporting projects related to lending protocols, hardware wallets, DAO infrastructure, and bridge integrations. https://twitter.com/Reef_Chain/status/1828800920681144562 Reef’s rally led to a sharp increase in investor demand. Data from CoinGecko shows that the 24-hour trading volume jumped to $45 million on Tuesday, up from $23 million on Sept. 1, marking its highest point in nearly a month. Additionally, Reef’s open interest in the futures market soared to $60 million, its highest level in two years, significantly higher than August’s low of $3 million. Notably, Reef’s rebound occurred after the token was delisted by Binance, the most popular crypto exchange. Typically, cryptocurrencies tend to retreat after being delisted by tier-1 exchanges. Data indicates that most of the trading is happening on Gate.io, followed by HTX, KuCoin, and Bitget. Reef price crosses key resistance Reef price chart | Source: TradingView Reef rose to a high of $0.0013, crossing the important resistance point at $0.0011, its lowest swing in August last year. Before its rebound, Reef formed a falling wedge pattern, a popular bullish reversal indicator. The token has now rallied above the 50-day moving average, while the Relative Strength Index is nearing the overbought level of 70. The RSI is a momentum indicator that measures an asset’s rate of change. The Average Directional Index, which measures the strength of a trend, was at 50 and pointing downwards. Therefore, the token will likely retreat briefly as traders take profits before potentially resuming the bullish trend. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-09-10 01:00
2yr ago
|
Top Gainers of The Week: Smaller Market-Cap Tokens Outperforming the Bigger Projects | CoinGecko News | |
|
Original source text
Table of contentsLast week in crypto has been very significant in terms of gainers, as many smaller projects have surged significantly over the past week. As per the data shared by an on-chain analytics platform, Walken ($WLKN), Reef ($REEF), Nibiru ($NIBI), GameStop Token (GME), Plokastarter (POLS) and a few others surged significantly and outperformed the bigger projects in terms of gains during the last week. Top Crypto Gainers of the Week: Walken ($WLKN), Reef ($REEF), and Nibiru ($NIBI) on The Lead Walken ($WLKN) is leading the pack of the top gainers of the last week, surged by 115.9%, ranking itself as the highest gainer of the week. $WLKN is majorly trading over the HTX crypto exchange with a total market cap of $1.6 million. While, $REEF secures the second position with a market cap of $36.6 million, with significant growth of 90.5% during the past seven days outperforming $NIBI. Nibiru ($NIBI) surged by 66.6% past week with a market cap of $18.2 million and mainly traded over the ByBit crypto exchange. Apart from the top three altcoins, a few others have surged significantly as GameStop Token (GME) and Plokastarter (POLS) showed a growth of 55.7% and 50.2% respectively. $GME is being traded over CoinW with a market cap of $31.7 million and $POLS is being traded over Coinbase with a market cap of $35.5 million. Moreover, $XZK, $DAR, $VELO, $AMPL, and $UXLINK have shown significant growth since the last week. Smaller Projects, Outperforming the Bigger Projects During the last week, the crypto market has been evident of a significant shift in the world of cryptocurrencies. Many smaller market-cap tokens have outperformed the bigger crypto projects. Based on the stats shared by the Phoenix Group, these smaller market-cap tokens can be proven very valuable assets in terms of trading based on their significant performance. Many crypto investors are eyeing such projects, trends and developments in the crypto space to yield maximum profits. AUTHOR Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-09-19 14:55
1yr ago
|
Sea of green in crypto as Reef, First Neiro on ETH, Solar lead | CoinGecko News | |
|
Original source text
It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve.Bitcoin (BTC) led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27. Most of the large gains occurred among smaller altcoins. Reef (REEF) went parabolic, soaring to a high of $0.0048, its highest point since March 12. It has been one of the best-performing altcoins this month, jumping by over 670% from its lowest point and bringing its market cap to over $102 million. Reef, which stands for reliable, extensible, efficient, and fast, surged a month after Binance delisted it from its exchange. This indicates that it is likely going through a short squeeze, with most of its trading happening on Gate.io and WhiteBIT. First Neiro on ETH (NEIRO) has also been one of the best-performing coins this month. It rose to a record high of $0.00098, up by over 3,865% from its lowest level in September. Other top performers in this crypto comeback were coins like Solar (SXP) and Billy (BILLY), which rose by over 50%. This price action coincided with the performance of other assets. In the stock market, popular indices like the Dow Jones and Nasdaq 100 rose by over 1%, continuing the bull market that has been ongoing over the past few months. Fed’s jumbo rate cut The surge happened after the Federal Reserve decided to slash interest rates by 0.50%, in line with most analysts’ expectations. The Fed also hinted that it would deliver more cuts if the labor market continued to weaken. Most crypto analysts believe that the ongoing rally has legs. In a note, Ki Young Ju, wrote that the crypto bull run was still underway. In another X post, Ju, who is the founder of CryptoQuant noted that institutional investors were no longer shorting Bitcoin. Additionally, spot Bitcoin ETFs have seen inflows for five consecutive days, indicating that institutions likely bought the dip. According to Santiment, crypto sentiment has continued rising, which is a positive catalyst for the industry. And as crypto.news reported earlier, the crypto fear and greed index has moved from the fear zone and risen to its highest point in weeks. In most periods, altcoins do well when the index is in an uptrend. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-09-25 07:00
1yr ago
|
Bitgert, Reef, and Bittensor (TAO): Breaking Down Their Price Movements | CoinGecko News | |
|
Original source text
Several factors play a significant role in determining the success of any project in the crypto market. Utilities are one key factor that ensures marketing; good communities are also influential in determining growth.Bitgert is one project on the radar of investors due to its growing community. Its features and ecosystem activities are also instrumental to its growth. Reef is also a common option amongst several experts and investors in the industry. Some experts have projected it to experience a reasonable degree of growth. More so, Bittensor is a leading AI blockchain project, recording immense developments which places it on the radar. This article discusses Bitgert, Reef, and Bittensor potential price movement Reef Vs Bittensor, Triggers For Growth Reef’s growth has been evident in its recent chart pattern. Reef has gained 2.3% in the last 24 hours and is moving to break its resistance. Reef’s recent partnership has been instrumental to its recent performance. Reef recently partnered with Pigmo and is looking to expand into the blockchain Gamblefi sector, increasing interest in Reef across the industry. Reef’s interest in empowering developers encouraged its partnership with ViaLabs, incorporating the Reef chain and growing value. The Reef ecosystem permits DAO, which allows investors to play a significant role in decision-making, and experts have pointed out that this is key to Reef’s growth. The Bittensor structure is different from the Reef. Bittensor’s bot has proven helpful to many investors by indicating to Bittensor’s users what to expect from the $TAO movement. Bittensor created a marketplace for AI. Bittensor’s marketplace helps users easily carry out AI-related tasks. Bittensor enjoys its growth by ensuring user satisfaction. Bittensor achieves this by providing passive income via staking. This provision by Bittensor is why experts are confident that Bittensor will eventually be a top project in the industry. Bittensor market cap has risen by over 3.4% in the last four days, marking progress. Bitgert Startup Studio Campaign And Its Impact. Bitgert’s support to developers through Bitgert’s Startup Studio campaign has triggered many reactions and generated attention across the industry. Bitgert has opened the perfect opportunity for memecoin devs to get financial support to reward their project growth. Bitgert Startup Studio Campaign has recorded numerous entries, and this high interest has increased Bitgert’s BRISE holders. Bitgert has also allowed content creators to integrate perfectly into the blockchain ecosystem. Bitgert’s contest for content creators will reward winners with amazing prizes for creatively promoting the project. These activities are instrumental in Bitgert’s positive price movement as expectations regarding Bitgert’s future are positive. Conclusion Bitgert and Bittensor utilities drive their growth. Reef’s ecosystem has proven to be one of the fastest growing with its innovative integrations. Despite the positives from every mentioned project, research is crucial in taking the proper steps. Buy $BRISE on the Bitgert website today. Visit bitgert.com Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-10-01 07:47
1yr ago
|
Render Coin and Reef Coin: Market Price Analysis as Bitgert’s Major News Approaches | CoinGecko News | |
|
Original source text
With big news impending for Bitgert, the crypto market is looking closely at the movements of both Render Coin and Reef Coin. Investors speculate about which one, between Render Coin’s utility in GPU computing and Reef Coin’s DeFi focus, will offer stability in the event of Bitgert‘s relentless ecosystem expansion.How Competitive is Render Coin Against Reef Coin and Bitgert? Render Coin serves to empower the Render Network, a completely decentralized network for 3D rendering and GPU computing. Render Coin bridges the divide between artists and developers in need of ample, affordable computational power and those capable of supplying it. This positions Render Coin as an indispensable player within the growing digital economy. Render Coin’s tokenomics configuration for the network is fundamentally grounded on providing liquidity that facilitates real-time rendering tasks and promotes efficient utilization of computing resources. Render Coin also facilitates great community governance, where token holders make decisions about future upgrades and improvements on the network. Where Does Reef Coin Stand Against Render Coin and Bitgert? Reef Coin is the token representative for the Reef Chain, a scalable blockchain that is EVM-compatible, and optimized for DeFi, NFTs, and gaming. Reef Coin is built on top of Substrate, providing developers with almost instant, low-cost transactions. This is ideal for decentralized applications. With Reef Coin’s bridging across multiple blockchains and compatibility with Solidity, Reef Coin pursues seamless dApp experiences targeted at developers and users alike. As this ecosystem grows rapidly, Reef Coin forms the base for its decentralized governance, staking, and transaction fees. About Bitgert: The Render Coin and Reef Coin Crusader Unlike Reef Coin and Render Coin, the unique mix of near-zero gas fees combined with an astonishing 100,000 TPS transaction speed has positioned Bitgert as one of the most advanced blockchains. Products for shaping the environment include PayBrise, Bitgert Swap, the Bitgert.exchange, and so on—all part of an all-encompassing user-friendly environment. The tokenomics of Bitgert have been designed to be long-term sustainable, modeled on a deflationary system that will reward holders for contributing to the ecosystem. As Bitgert approaches the moment of its major announcement, it seems like the project is in preparation to make an impact on investor appeal for the wider market. Pricing Performance: Render Coin vs. Reef Coin vs. Bitgert Over the past 24 hours, Render Coin has fluctuated between $6.34 and $6.77, while the weekly range was from $5.85 to $6.80. Reef Coin briefly moved between $0.005051 and $0.005381 during the last 24 hours, with the 7-day range between $0.004087 and $0.006495. Meanwhile, Unlike Render Coin or Reef Coin, Bitgert has continued to steer steadily, with a 24-hour range from $0.00000007951 and $0.00000008518, with a 7-day range from $0.00000007863 and $0.00000008505. Small oscillations of Bitgert prices assure its stability and attract investors interested in such predictability in the market. Will Bitgert’s Big Revelation Doom Render Coin and Reed Coin? While Reef Coin and Render Coin wait for the big announcement of Bitgert, variation in the price of any of the coins may attract market sentiment. Bitgert has projected an excellent show due to its negligible gas charges on the transactions, along with hyper-scaling measures. This places Bitgert in an excellent position against Reef coin and Render coin, making it a solid choice among investors amidst the market’s turbulence. Grab your own $BRISE token at Gate.io, KuCoin, MEXC, and Pancakeswap! Step 1: Register on the exchange Step 2: Choose your payment method Step 3: Buy $BRISE For more info, visit bitgert.com. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release. A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-10-01 10:30
1yr ago
|
Reef Coin and Dogwifhat Price Predictions: Bitgert’s Major News Could Cause Market Movements | CoinGecko News | |
|
Original source text
The crypto market might see some big changes as Bitgert recently revealed that it has a massive announcement scheduled for next month. Hype is building up, and the focus is on the likes of Reef Coin and Dogwifhat as investors argue over the possibility that the upcoming announcement by Bitgert can significantly alter their price predictions.While Reef Coin and Dogwifhat bring something unique to the table, Bitgert has shown rapid development and has remained technically superior. So, let us learn more about Reef Coin and Dogwifhat and see how they compare with Bitgert. Reef Coin and Dogwifhat Compared to BitgertReef CoinReef Coin is a multi chain smart contract blockchain focused on decentralized finance (DeFi), NFT and gaming. Additionally, Reef Coin has several applications like Reefscan blockchain explorer, Reef Wallet, etc. which makes it rather attractive to users who want to try out diverse investments across the crypto shelf. However, despite being a reputed name in the blockchain world, Reef Coin remains an altcoin whose performance is sometimes marred by transaction speeds and costs. Reef Coin cannot be compared to Bitgert’s high speed and low fees blockchain. So, Reef Coin is not as scalable or effective as Bitgert’s infrastructure. DogwifhatDogwifhat is yet another memecoin, marking its bet in a rather fun approach to investments in crypto. Community driven growth, in this case, has made Dogwifhat popular in its own right. However, similar to the rest of the memecoins, the price of Dogwifhat remains highly susceptible to speculation and lacks utility based fundamentals prevalent in Bitgert. Dogwifhat might be a fun memecoin but presents no robust technological architecture like that of Bitgert or even Reef Coin. Moreover, as Bitgert keeps rolling out new blockchain solutions, Dogwifhat will face difficult times. How Will Bitgert’s Big News Affect the Reef Coin and Dogwifhat?The big news from Bitgert is going to shift market attention away from projects such as Reef Coin and Dogwifhat. If the announcement is about something big in the Bitgert ecosystem, a price rally might not be too far. On the other hand, Reef Coin and Dogwifhat, with their novelty packages, might see massive fluctuations in price predictions as attention turns toward Bitgert’s advances. Investors may reassess their positions in coins like Reef Coin and Dogwifhat, especially if Bitgert’s reveal brings radical shifts to the ecosystem. Buy $BRISE on Bitgert website today. Visit bitgert.com. Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2024-10-14 14:33
1yr ago
|
Reef Finance triumphs, token up 1,200% since Binance delisting | CoinGecko News | |
|
Original source text
Reef Finance, a blockchain for decentralized finance, gaming, and non-fungible tokens, has surged in the two months since Binance delisted it.Reef (REEF) token rose to $0.010 on Monday, Oct. 14, up by over 1,500% from its lowest level this year, making it one of the best-performing cryptocurrencies. Notably, the Reef coin has risen by almost 1,200% since Aug. 26, when it was delisted by Binance, the biggest crypto exchange in the industry. Its market cap has jumped to over $223 million. Reef price performance since Aug. 26 | Source: TradingView In a statement at the time, Binance also delisted other tokens like ForTube, Loom Network, VGX Token, and Ellipsis. It cited several factors such as low trading volume and liquidity, the commitment of the team to the project, new regulatory requirements, and smart contract stability. Most of Reef’s trading has shifted to other centralized exchanges. According to CoinGecko, WhiteBit had the biggest share of trading volume in the last 24 hours. It is followed by other exchanges like HTX, KuCoin, and Bitget. This rebound is likely due to the developers making significant improvements after the Binance delisting. They initiated a new community developer fund to incentivize developers in the ecosystem. Some of the potential dApps to be funded include those in industries such as lending, DAO infrastructure, and hardware. Reef has also made other progress since the Binance delisting. For example, Hydra Coin announced that it was building the first NFT battle card game on the Reef Chain. https://twitter.com/HydraCoinX/status/1845558202257023296 Additionally, the developers are collaborating with VIA Labs, a blockchain bridging solution, which will begin bridge development this week. They are also in discussions with perpetual decentralized exchanges about revenue sharing and RPC infrastructure providers. Reef has also gained momentum as the number of holders has increased. According to CoinCarp, the token now has almost 23,000 holders, significantly higher than its level before the Binance delisting. Reef token has become overbought Reef Finance price chart | Source: TradingView Reef’s surge continued as Bitcoin (BTC) and other cryptocurrencies maintained their strong rebound on Monday. It has flipped the key resistance point at $0.0053, its highest swing since March 2024. Reef has remained above the 50-day and 100-day Exponential Moving Averages, which is a bullish sign. However, the Relative Strength Index and the Stochastic Oscillator have moved to overbought levels. Therefore, while more gains are possible, the coin may experience a pullback in the coming days due to profit-taking. If this happens, it may retest the key support at $0.0053. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2025-03-21 18:10
1yr ago
|
APENFT lists on Kraken with $90,000 Reef Program airdrop, expanding TRON’s global footprint | CoinGecko News | |
|
Original source text
Singapore, March 20, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, today announced the listing of APENFT (NFT), a key token in the TRON ecosystem. The listing introduces APENFT/USD and APENFT/EUR trading pairs. In addition to the listing on Kraken, a Reef Program airdrop campaign of $90,000 worth of APENFT tokens has been launched.Launched by the APENFT Foundation in 2021, APENFT uses TRON’s fast and low-cost blockchain to bring top-tier artworks on-chain and support the growth of the NFT ecosystem. As of March 2025, with over $430 million in market cap and more than 2.16 million unique holders, APENFT has become a leading force in the digital collectibles space. APENFT is now listed on over 30 major global exchanges, including HTX, OKX, and Poloniex. Since its launch, the project has reached several important milestones: May 2021: Initiated an NFT airdrop program for TRON mainnet token holders, reaching millions of TRX users. December 2021: Collaborated with Christie’s and Sotheby’s to tokenize masterpieces by Picasso and Andy Warhol. Advertisement 2023: Debuted APENFT Marketplace, now becoming the leading NFT trading platform on the TRON chain supporting hundreds of emerging artists through the Art Dream Fund. September 2024: APENFT Collaborated with SunPump to launch NFT Pump, the first fair-launch NFT tool in the TRON ecosystem, allowing users to mint NFTs at low cost using TRX. Q1 2025: Released NFT Pump 2.0, introducing the TRC404 standard for fractionalized NFT trading to enhance liquidity and user experience. The listing of APENFT (NFT) on Kraken marks a significant step in its global expansion, offering increased exposure and access to institutional and retail investors across North America, Europe, and Asia-Pacific. With NFT/USD and NFT/EUR trading pairs now available, APENFT gains direct entry into key fiat markets. The launch is further supported by a $90,000 airdrop through the Reef Program, designed to boost engagement and broaden its appeal beyond the TRON ecosystem. Known for its high compliance standards and strong security, Kraken provides an ideal platform for APENFT to strengthen its credibility and reach. APENFT officially launched on Kraken on March 20, 2025, marking a significant milestone in its path toward global adoption and broader market accessibility. About APENFT APENFT Marketplace is an NFT trading platform native to the TRON blockchain, launched by the APENFT Foundation, with additional support from the world’s largest distributed storage system BitTorrent File System (BTFS). NFT Pump (APENFT) is a leading innovator in the NFT space, providing a one-stop platform geared with a complete suite of tools to empower creators, collectors, and projects alike. From launching NFT Pump 1.0 and 2.0 to establishing the TRC404 standard, NFT Pump (APENFT) is revolutionizing how NFTs are created, traded, and experienced on the TRON network. The APENFT utility token $NFT is the official governance token issued by the APENFT Foundation. It is a decentralized digital asset that is backed by TRC-20 protocols, and serves as proof of rights on APENFT. Media Contact Charles [email protected] Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2025-04-02 03:54
1yr ago
|
JUST (JST) available on Kraken with $90,000 Reef Program airdrop | CoinGecko News | |
|
Original source text
Singapore, April 1, 2025 —Kraken, one of the world’s leading cryptocurrency exchanges renowned for its rigorous compliance standards, has officially listed JUST (JST), the native governance token of the JUST ecosystem. JUST is a leading decentralized finance (DeFi) ecosystem built on the TRON network, which consists of multiple products, including stablecoin and multi-asset lending platforms, JustStable and JustLend. The listing introduces JST/USD and JST/EUR trading pairs. In addition to the listing on Kraken, a Reef Program airdrop campaign of $90,000 worth of JST tokens has been launched.JUST ecosystem: Powering TRON’s DeFi infrastructure JUST, launched in 2020 by the JUST Foundation, is the first comprehensive DeFi ecosystem on the TRON network. Centered around the JST token, the JUST ecosystem includes various DeFi solutions like JustStable, JustLend DAO, Staked TRX (sTRX), Energy Rental, and JustCrypto. As of March 2025, with over $310 million in market cap and a Total Value Locked (TVL) of $8 billion, JUST (JST) exemplifies its strong performance within the TRON ecosystem. Since its launch, JUST has reached several significant milestones. 2020: Initial Launch of JUST Pioneered JustLend DAO, a decentralized finance (DeFi) lending platform built on TRON. Holding a TVL of $5.7 billion standing as one of the largest lending platforms. Launched USDJ, a decentralized stablecoin fully backed on the TRON blockchain. JUST (JST) was listed on major exchanges such as Binance and Upbit, marking JUST’s initial market entry. Advertisement 2024: JUST’s Global Expansion Expanded international presence by listing on Brazil’s Mercado Bitcoin and Turkey’s Bitci exchanges. JustLend DAO Hosted HackaTRON Season 6 with TRON DAO, drawing over 500 developer teams. 2025: JUST’s Accelerated Growth January: Launched USDD 2.0 Beta offering 20% APY — fully subsidized by TRON DAO. February: Collaborated with Coinomi Wallet to enhance user integration and accessibility. March: JUST (JST) listed on Hashkey Global, significantly strengthening market presence in the Asia-Pacific region. The listing on Kraken also signals growing confidence in JST’s underlying protocol and its long-term utility within decentralized finance. As part of the broader JUST ecosystem, JST serves as a foundational asset supporting stablecoin issuance, lending, and governance. This development reinforces JUST’s position as a key contributor to the TRON network’s expanding DeFi infrastructure. As of April 1, 2025, JUST (JST) is officially live on Kraken—marking a significant milestone toward increased market accessibility and global adoption. About JustLend DAO JustLend DAO is TRON’s decentralized financial platform where users can earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. Committed to developing TRON-based DeFi protocols and providing all-in-one financial solutions to its users, there is now more than $7.6B Total Value Locked in the JUST Network. The JustLend DAO provides a forum for its users to participate in governance and directives, while empowering its users with decentralized authority, trustless transactions, smart-contract automation, and security with transparent accountability. Tokens in the JustLend DAO markets (TRX, BTT, JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica. JustLend DAO exists to provide stable and convenient financial lending services for all users. Engage with the JustLend DAO community via the JustLend DAO Portal, Telegram, Twitter, and the JUST Network. Media Contact Mia [email protected] Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy. |
|||
|
Saved
2026-06-25 01:21
2mo ago
Published
2025-04-09 03:58
1yr ago
|
SUN (SUN) lists on Kraken with a $90,000 Reef Program airdrop, unlocking broader access to the TRON’s ecosystem | CoinGecko News | |
|
Original source text
Singapore, April 8, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, has officially listed SUN (SUN), a core governance token of SUN.io. The SUN.io platform integrates such functions as token swaps, liquidity mining, stablecoin swaps and decentralized autonomous organization (DAO) on the TRON public chain, focusing on building TRON’s DeFi ecosystem with decentralized exchanges (DEX) at its core. The new listing introduces two major trading pairs, SUN/USD and SUN/EUR, making SUN available to a wider market. In conjunction with this listing, an airdrop Reef Program offering $90,000 worth of SUN tokens launched at the same time.Launched in 2020, SUN.io has grown into a cornerstone of the TRON ecosystem. As of April 2025, the SUN token has reached over $649 million in total value locked (TVL). As the first platform on TRON to combine stablecoin swaps, token mining, governance, and trading, SUN.io stands as the network’s largest decentralized exchange (DEX). The platform has driven significant innovation, including the launch of SunSwap for efficient token swaps and the introduction of SunPump in 2024, which became a major hub for meme coin projects on TRON. Sun.io has grown significantly, reaching several milestones: Advertisement August 2024: SunPump launched as TRON’s first fair-launch platform for meme coin issuance and trading. Since its debut, it has supported over 96,000 projects and generated more than $3.73 billion in transaction volume. SunPump’s unique bonding curve mechanism has drawn significant attention, attracting over 430,000 followers on X. It has generated 15 million new transactions and brought in 550,000 new wallet addresses to the TRON ecosystem—reaching a peak daily transaction volume of $350 million. 2025: SunPump introduced SunGenX, an AI-powered tool designed to simplify token creation through chatbot interactions. The addition of SUN (SUN) on Kraken marks a pivotal step in its global growth, pushing its exposure across major markets in North America and Europe. With SUN/USD and SUN/EUR trading pairs now available, SUN (SUN) extends its reach into major fiat markets. Kraken, known for its robust security measures and high compliance standards, offers the perfect platform for SUN to strengthen its credibility, particularly in stablecoin trading and meme coin issuance. The listing not only enhances the security of funds on SunSwap but also elevates the global appeal of the SunPump initiative, accelerating the international growth of the TRON ecosystem. Additionally, with the Reef Program airdrop of $90,000 worth of SUN tokens happening simultaneously, fueling SUN(SUN) to tap into a wider audience. SUN officially launched on Kraken on April 8, 2025, joining other TRON ecosystem tokens such as APENFT, JST, WIN, and STEEM. The listing reflects growing market interest and further strengthens TRON’s presence on leading global exchanges. About SUN.io SUN.io is the first decentralized autonomous platform on the TRON blockchain, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform’s governance. Media Contact Sibyl [email protected] Disclosure: This is sponsored content. It does not represent Crypto Briefing's editorial views. For more information, see our Editorial Policy. |
|||