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Bitcoin (BTC) experienced a sharp 6.6% drop, resulting in an 11% market cap loss. The trigger for this plunge came from rising concerns surrounding Trump’s trade tariffs, which sent tremors throughout global financial markets and sparked fear in the cryptocurrency sector. However, Bitcoin has since staged a remarkable recovery, bouncing back with an 8% gain…
Ethereum, the second-largest cryptocurrency by market capitalization, is under mounting pressure as hedge funds ramp up their bearish bets. Despite the broader crypto market showing signs of recovery, Ethereum has been lagging, with its price hovering around $2,500—down 2% in the last 24 hours and nearly 45% below its all-time high in November 2021. The…
Despite the volatility in the crypto market, meme coins continue to rise in popularity, with some experiencing substantial price surges. One such meme coin that has recently gained attention is Test (TST), a new token on the Binance Smart Chain. Rumors have circulated claiming that Test (TST) is somehow linked to Changpeng Zhao (CZ), the…
In a recent report by Cardano Feed, Cardano is set to undergo a transformative partnership with retail giant Walmart, introducing a new crypto cashback program featuring Cardano’s native token, ADA. This collaboration marks a significant step in Cardano’s push toward broader adoption and mainstream acceptance of cryptocurrency. Cardano Gets Major Boost with Walmart's Upcoming ADA…
Ripple Labs, the company behind the XRP cryptocurrency, has made a bold entry into the stablecoin market with RLUSD. This new digital asset is designed to offer a secure and efficient alternative for payments and trading, particularly targeting institutional clients. With regulatory approval and a multi-blockchain approach, RLUSD is positioning itself as a serious competitor…
A Bitcoin futures contract is a financial agreement that allows buyers and sellers to trade Bitcoin at a predetermined price on a specified future date. This mechanism is commonly used for risk management (hedging) and speculation on price movements. Understanding how these contracts work is crucial for investors looking to leverage Bitcoin’s volatility while managing…
Stellar is a decentralized payments network designed to facilitate fast, secure, and cost-effective cross-border transactions. Established in 2014, Stellar enables near-instant global payments and currency exchanges while connecting individuals, banks, and payment systems at a fraction of traditional costs. It has positioned itself as a robust tool for remittances, supporting fiat currencies like the US…
Prominent cryptocurrency analyst Ali Martinez has predicted an imminent price reversal for ENA, the native token of the Ethena ecosystem, despite its recent bearish momentum. ENA has faced significant losses, plunging 35.37% over the past week and 12.64% in the last 24 hours. At the time of writing, the token is trading at $0.5054, down…
Polygon (POL) is currently fighting for its survival, with its value plummeting 80% from its all-time high of $1.29. The cryptocurrency is now at a critical juncture, with $0.28 serving as the key support level that could determine its future. Declining Momentum and Market Pressure Polygon has been on a steady decline, losing 55% since…
From Friday afternoon through Monday, large-cap cryptocurrencies like Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX) have experienced significant declines. As of 3 p.m. ET Monday, ADA, DOT, and AVAX have lost 39.3%, 33.7%, and 33.1%, respectively, with broader market uncertainty playing a central role in this downturn. Notably, Donald Trump’s tariff announcements on Mexico, Canada,…