Solana has been gaining a huge amount of attention ever since it began to outpace major chains in different aspects. It took a major lead among the popular chains like Ethereum, Tron, BNBChain, and others by recording $370 million in fees. Besides, Fidelity’s spot ETF application is an inch closer to get approved and the latest Grayscale ETF filing has raised the optimism around the SOL price rally. SOL price recovers aggressively after a flash dip to $112.46, which suggests the bulls could be probably back in the game. The trading volume jumped by over 25% to reach close to $5…
Author: cryphedge
Prominent meme coin Shiba Inu (SHIB) has been one of the very few assets that has managed to deliver life-changing returns to its investors. While several assets enter the market and fade away, SHIB has continued to grow. Despite its current price rut, the network has been building up its utility. Even though this isn’t reflected in the meme coin’s price at the moment, the community is optimistic about its future. A look at its growth since its launch is proof of the same.Also Read: Tesla (TSLA) vs Ford (F) Stock Battle — $487.93 Target Meets 25% Tariff ImpactHow High…
U.S. stock markets have experienced a staggering $11 trillion wipeout since February 19, with losses accelerating on April 4 following heightened concerns over President Donald Trump’s sweeping tariff measures.The single-day market loss amounted to $3.25 trillion—exceeding the total valuation of the global cryptocurrency market, which stood at $2.68 trillion at the time.Among major tech players, dubbed the “Magnificent 7,” Tesla led the plunge, falling 10.42%. Nvidia and Apple also saw steep losses, dropping 7.36% and 7.29% respectively, according to TradingView data.Nasdaq 100 Falls 6%, Slips Into Bear Market Amid Broad Sell-OffThe widespread sell-off sent the Nasdaq 100 tumbling 6% on…
The following is a guest post and opinion of Eneko Knörr, CEO and Co-Founder of Stabolut.The European Union’s Markets in Crypto Assets (MiCA) regulation was intended to establish clarity and safety within the crypto landscape. Yet, paradoxically, its overly restrictive stance on euro-denominated stablecoins could inadvertently secure the U.S. dollar’s continued dominance in global finance.Stablecoins have become indispensable in the global digital economy, enabling fast, transparent, and borderless transactions. Currently, more than 99% of the stablecoin market is pegged to the U.S. dollar. Rather than challenging this monopoly, Europe’s MiCA regulation makes it increasingly difficult for euro-backed stablecoins to gain…
Ripple’s XRP surged to $2.17 during Saturday’s session before retracing to $2.13, extending its multi-day rebound. The rally followed renewed U.S.–China trade tensions, after China imposed a fresh round of tariffs on American goods—prompting a capital rotation from equities into digital assets like Bitcoin, Ethereum, and XRP. XRP Price Sees 12% Gains as China Tariffs Sparks Bitcoin Price RallySee more pic.twitter.com/r69KLjO8kQ— Fabio Zuccara (@ZuccaraFabio) April 5, 2025 Investors rotated capital into digital assets, viewing them as inflation-hedged and geopolitically neutral. This move helped Bitcoin reclaim $83,000, Ethereum surpass $1,800, and XRP gain 12% in two days. The total crypto market…
Brazil’s Superior Court of Justice has ruled that judges can now authorize the seizure of cryptocurrency assets from individuals who have defaulted on their financial obligations.The decision reflects the country’s growing acceptance of digital assets as legitimate financial instruments.The unanimous ruling, delivered by the court’s Third Panel, allows judges to notify cryptocurrency exchanges of their intent to confiscate a debtor’s holdings in order to repay outstanding debts.Brazil Court Grants Crypto Same Legal Status as Bank Accounts in Debt CasesThe move brings crypto assets under the same legal treatment as traditional bank accounts, which courts in Brazil can already freeze or…
ADA, Cardano’s native token, remains stable after a major shift in market sentiment following Treasury Secretary Scott Bessent’s bold statement. The ADA price is holding steady near a key support level of $0.635, keeping it in a make-or-break zone.Current Price Momentum At press time, ADA is trading near $0.657 and has recorded a modest 0.50% uptick over the past 24 hours. However, during the same period, the asset’s trading volume jumped by 10%, indicating heightened participation from traders and investors compared to the previous day.Cardano (ADA) Price Action and Upcoming Levels With its ongoing consolidation between $0.635 and $0.682, ADA’s price remains…
While traders question the sustainability of hype in cryptocurrency, Dogecoin oscillates around $0.16, hinting at both potential gains and significant losses. Meanwhile, Ethereum lingers under $1,850, influenced by cautious large investors despite robust network activities and notable endorsements. Amid these fluctuations, Dragoin introduces a distinctive approach by blending utility with the meme coin trend. Its Telegram-integrated play-to-earn game not only engages users but also offers tangible rewards, positioning it as a prudent choice for those seeking a crypto with more than just speculative value. Dragoin Presale Offers Unique Gaming Experience and Limited Supply Dragoin redefines the typical meme coin strategy…
SOL, the native token of the Solana blockchain, seems to be shifting its bearish market sentiment after a notable price decline over the past few days. On April 4, 2025, following Treasury Secretary Scott Bessent’s bold statement that “Bitcoin is becoming a store of value,” the overall crypto market showed an impressive upside rally.Current Price Momentum Amid this, SOL has registered a price surge of over 8% in the past 24 hours and is currently trading near $123. During the same period, its trading volume dropped by 9%; however, it seems to be recovering as the market continues to maintain the…
Stablecoins backed by cash or cash-equivalent reserves and redeemable for US dollars on a one-to-one basis are not securities under federal law, the Securities and Exchange Commission (SEC) said on April 4, offering one of its clearest positions yet on the regulatory treatment of crypto.In a public statement, the SEC’s Division of Corporation Finance outlined its legal views on what it termed “Covered Stablecoins” — a category that includes fiat-backed digital tokens designed to maintain price stability through fully reserved dollar holdings.According to the Division, the offer and sale of stablecoins do not involve securities transactions and, therefore, do not…
