In an article published on March 13, Bloomberg alleged that World Liberty Financial, a Trump family-controlled blockchain project, held discussions with Binance to create a new U.S. dollar-backed stablecoin. The report also alleged that Binance co-founder changpeng zhao changpeng zhao Changpeng Zhao is the Founder and Chief Executive Officer at Binance. His contribution to the enhancement of Binance made the platform the world’s largest cryptocurrency exchange since its inception in 2017. Zhao launched the blockchain network Binance Smart Chain which has made a remarkable contribution to the development of the decentralized finance ecosystem. Whereas in 2019, he launched Binance’s US…
Author: cryphedge
Shiba Inu (SHIB) is showing signs of a rebound as its price surged 7.37% in the last 24 hours to reach $0.00001276. However, the broader 30-day picture remains concerning with the token down 23.62% over the same period. This sudden rally has led many investors to wonder if the prolonged sell-off is finally coming to an end or if the recent bounce is simply a short-lived recovery. The cryptocurrency market has been volatile recently, and SHIB is no exception. After a prolonged period of downward pressure, the recent 7% rally suggests a temporary shift in sentiment. The current price level…
As the final migration deadline for Pi Network approaches, traders are growing increasingly anxious. With the cutoff set for March 14, 2025, market sentiment has shifted dramatically, igniting fears of a sharp price crash that could plunge PI into a freefall. Over the past few weeks, PI has been trading in a narrow band around $1.67, hovering just above a key support level of approximately $1.64. Despite recent attempts to break out of a descending channel, the price remains vulnerable. Analysts warn that a breach below this support could trigger a cascade of sell orders, potentially driving the price down…
Argentina’s Comisión Nacional de Valores (CNV) has introduced new regulations for virtual asset service providers (PSAVs), requiring them to comply with registration, cybersecurity, anti-money laundering, and asset custody standards to ensure transparency and consumer protection in the crypto sector.The regulatory framework — dubbed Resolution No. 1058 — was approved following a public consultation process and aligns with legislation that grants the CNV authority over virtual asset service providers.The new rules mandate stringent operational guidelines and impose severe penalties for non-compliance on companies facilitating transactions, custody, or intermediation of digital assets.CNV President Roberto E. Silva emphasized the importance of striking a…
Bitcoin Cash (BCH) and Litecoin (LTC) are two prominent names in the crypto world, each playing a vital role in crypto history. However, as the market evolves, so do the needs of investors, traders, and blockchain enthusiasts. The new wave of blockchain innovation brings an exciting contender to the forefront that’s set to outshine the legacy tokens. Meet BinoFi (BINO), a project with bold ambitions to reshape the crypto landscape. Industry experts are discussing about its ongoing presale and its game-changing hybrid crypto exchange. Here’s why BinoFi could become the darling of investors and a token to watch as we…
RedotPay announced it secured $40 million in Series A round led by Lightspeed, with HSG, Galaxy Ventures, and others joining. The crypo fintech, launched in 2023, plans to use the funds to accelerate the adoption of crypto payment solutions. RedotPay, a crypto payment platform looking to bridge web3 and traditional finance, announced the completion of a $40 million Series A funding round. Venture capital platform Lightspeed led the round, with this following their commitment in December 2024. RedotPay also attracted several top VC players for the round, including HSG, Galaxy Ventures, DST Global Partners, Accel, and Temasek-backed Vertex Ventures. RedotPay…
The cryptocurrency market is starting to recover due to an overall increase in buying from traders. This boost follows a positive consumer price report and ease in global tensions. As a result, Bitcoin’s price is on its way to hitting $90K after getting past some key hurdles. However, with a bit of selling pressure now, investors are wondering if Bitcoin might start to drop again soon.Bitcoin Recovers Following Positive NewsToday, Bitcoin approached the $85K mark, fueled by bullish developments such as a positive Consumer Price Index (CPI) report and a reduction in geopolitical tensions. A key factor was Ukraine’s agreement…
Pi Network (PI) has attracted attention with its unique mobile mining system, making cryptocurrency accessible to a broader audience. However, as the crypto space grows more competitive, innovation is key. Pi Network’s lack of advanced features and delayed ecosystem development has left room for contenders like BinoFi (BINO) to emerge as frontrunners. With analysts forecasting a remarkable 1200% rise for BinoFi, it’s clear this isn’t just any other crypto project. Is Pi Network Losing Momentum? While Pi Network gained early traction with a focus on mining accessibility, it struggles to expand beyond its initial concept. The platform has yet to…
Avalanche (AVAX) has long been admired for its highly scalable, decentralized network. However, as the cryptocurrency market evolves, staying relevant requires more than just scalability. This has become evident as Avalanche struggles to regain momentum in a competitive landscape, while newcomer BinoFi (BINO) has successfully sold 10 million tokens in its presale in a matter of days. The contrast underscores BinoFi’s ability to captivate investors with innovative features and a forward-thinking approach. Avalanche’s Struggles in a Dynamic Market Avalanche’s foundation centers on its high throughput and decentralization, which made it a strong contender in the race to dominate decentralized finance…
ZKsync has cancelled the second season of its incentive program, Ignite. Bearish market conditions among other reasons led to the move. ZKSync will distribute all remaining rewards as of March 17, 2025. ZKsync announced on Friday that it had cancelled the second season of its liquidity program, Ignite. The zero-knowledge-powered layer 2 protocol revealed that the move comes amid the current bearish market conditions, which have notably annihilated sentiment and seen prices plummet. Per ZKsync, the decentralised finance incentive program will halt on March 17, 2025. “After careful consideration, the DeFi Steering Committee (DSC) has decided to not renew Ignite…
