In Brief Grayscale Research predicts smart contracts will lead the crypto market in Q1 2025, with competitors like Solana and Sui gaining ground. Tokenization, DePin, and scaling solutions also emerge as key areas of interest in Grayscale’s Top 20 crypto investment list. Despite Ethereum’s ETF success and upgrades, it underperformed, losing market share to faster-growing…
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In Brief The Blockchain Bandit, known for exploiting weak private keys, has moved 51,000 ETH ($172M) into a multi-signature wallet. The funds were transferred from 10 dormant wallets last active in 2018, marking the attacker’s reappearance after five years. Experts suggest the move could indicate plans for liquidation, laundering, or funding new exploits, raising concerns…
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In Brief Michael Saylor, co-founder of MicroStrategy, has hinted at a potential new Bitcoin acquisition for the eight straight week. Some market oberservers have suggested that MicroStrategy’s aggressive purchase pattern can induce market volatility. Meanwhile, the buys have contributed to Bitcoin price rising from around $67,000 to a new all-time high over $100,000. Michael Saylor,…
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In Brief Solana co-founder Stephen Akridge is accused of stealing millions in staking rewards from his ex-wife during their divorce. Rossi alleges Akridge exploited her lack of blockchain expertise to control her Solana wallet and redirect earnings. The lawsuit highlights increasing legal disputes in crypto, as Solana gains notable growth and popularity in 2024. Stephen…
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In Brief AAVE price has surged 220% this year and 110% in the last 30 days, driven by strong bullish momentum. RSI at 59.2 indicates neutral-to-bullish momentum, signaling potential consolidation after a recent near-overbought peak. CMF remains positive at 0.17, suggesting sustained capital inflows but hints at cooling momentum following a peak of 0.27. AAVE price…
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In Brief The total crypto market cap surged by $91 billion to $3.35 trillion, with $3.28 trillion now a key support for sustained bullish sentiment. Bitcoin reclaimed $95,668 as support and eyes $100,000 resistance; flipping this level could drive it toward $105,000. Meme coin FARTCOIN soared 51%, nearing its ATH of $1.30, but risks a…
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In Brief Hedera (HBAR) market cap sits at $10.11 billion after peaking at $14.20 billion as the price eyes potential recovery. HBAR’s social dominance suggests rising interest, possibly fueling bullish sentiment and supporting the increase. A bull flag hints at a potential rise to $0.45. Increased selling pressure could invalidate this, pushing HBAR to $0.17.…
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In Brief Ink, the L2 blockchain by Kraken, launched on mainnet ahead of schedule, fueled by strong community support and developer enthusiasm. The project focuses on decentralization and interoperability, aiming to push the boundaries of on-chain experiences for users and builders. Ink integrates deeply with Optimism’s Superchain, driving Ethereum scaling and bolstering both platforms’ growth…
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In Brief Bitcoin spot ETFs in the US have surpassed gold ETFs in AUM, despite gold’s 20-year market lead. Major players like BlackRock and Fidelity drive demand, enhancing Bitcoin’s credibility and accessibility. Younger investors view Bitcoin as “digital gold,” reflecting a shift toward modern, decentralized store-of-value assets. Bitcoin has overtaken gold as the leading financial…
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In Brief Travala (AVA) surges 300% after Binance CEO reveals early investment and reports $100M in annual revenue. RSI drops from 96 to 47.8, signaling a transition from overbought conditions to neutral territory as momentum cools. ADX decline to 39.5 suggests weakening trend strength, with key support at $1.56 and resistance at $3.38. Travala (AVA)…
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