In Brief Google Cloud’s new blockchain partnerships: BNB Chain secures $10 million for developer incentives, ZetaChain gains mainnet validation. BNB Chain’s $10 million fund targets small blockchain developers, Google Cloud allocates credits for AI and Web3-focused MVB projects. Google Cloud validates ZetaChain’s mainnet and testnet, enhancing network trust and boosting security. On Tuesday, two blockchain…
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In Brief Litecoin partners with Coinut to launch Wrapped Litecoin (WLTC) on Ethereum, boosting interoperability. WLTC users access Ethereum features like staking, lending, and dApps, enhancing Litecoin’s utility. Litecoin price dipped post-announcement, raising questions on WLTC’s adoption amid waning token-wrapping interest. Litecoin is partnering with Coinut, a Singaporean crypto exchange, to offer Wrapped Litecoin (WLTC)…
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In Brief MARA reports $125 million net loss in Q3, with a $92 million rise in operating costs year-over-year. Despite setbacks, MARA’s energized hash rate surged 93%, boosting operational potential amid challenging mining conditions. Following Trump’s re-election, MARA anticipates pro-crypto regulations, supporting future mining and diversification into AI. In its Q3 2024 shareholder letter, Bitcoin…
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In Brief CRO Surges Amid High RSI Levels: CRO’s RSI has soared to 81.77, signaling overbought conditions and heightened risk of a pullback. CMF Declines, But Stays Positive: The CMF dropped from 0.40 to 0.14, indicating reduced but still present buying momentum. Resistance at $0.185 Looms: CRO’s next major resistance level is $0.185, with key…
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In Brief SUI total value locked has reached $1.36 billion, reflecting investor confidence and increasing blockchain adoption. Positive BBTrend and EMA alignment indicate strong buying interest and price recovery. If trends continue, SUI could climb further. Key support at $2.21 may prevent deeper corrections if momentum slows. SUI price has just reached a new all-time high,…
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In Brief Peter Schiff calls Bitcoin’s recent surge a “bubble” and predicts catastrophic losses for both investors and the economy. Schiff argues Bitcoin and blockchain are “popular delusions” and warns of a severe misallocation of resources. He also dismisses the idea of a US Bitcoin reserve, claiming it would destabilize the economy and devalue the…
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In Brief Ethereum rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high boosting investor optimism. LTHs are starting to potentially sell, increasing “Liveliness” but risking price pressure if liquidations persist amid bullish momentum. If ETH flips $3,327 to support, it could rise toward $3,524; failure to hold may prompt a…
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In Brief Cardano founder Charles Hoskinson announced plans to work with the incoming Trump administration to develop clear crypto regulations. Hoskinson revealed that his company, Input Output Global, will establish a dedicated policy division to positively engage with lawmakers. Hoskinson’s announcement coincides with a 34% surge in Cardano’s ADA token, reflecting renewed investor optimism in…
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In Brief Shiba Inu rallies 36% to a five-month high, forming a bullish “Golden Cross” pattern, signaling possible continued growth. The Golden Cross boosts investor optimism, but with 30% of holders in profit, potential profit-taking could pressure SHIB’s price. SHIB targets $0.00002976 resistance; failure to break through could prompt a pullback to $0.00002267, testing the…
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In Brief Stablecoin issuer Tether has completed its first crude oil transaction in the Middle East. The $45 million deal, involving 670,000 barrels of oil, was executed using USDT in October. Tether is also collaborating with regulators globally to halt USDT use for illicit activities. Tether, the issuer of the popular stablecoin USDT, announced the successful completion…
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