2025 has presented a rocky trajectory for THORChain, a Layer 1 network that has grappled with not just significant macroeconomic headwinds but internal complications exacerbated by wavering altcoin sentiment. The environment for cryptocurrencies has become increasingly tumultuous, and THORChain’s native asset, RUNE, has faced a staggering decline that mirrors broader industry struggles. Suffering a catastrophic
Crypto
Recently, Bitcoin experienced a staggering ascent that captivated the crypto community. Peaking at $96,000, it marked the highest price the asset has achieved in two months. This week was a testament to the cycles of euphoria and despair that characterize the cryptocurrency market. However, what stands out in this narrative is the swift reversal that
In recent weeks, the cryptocurrency landscape has shown us its unpredictable nature, particularly highlighted by the meteoric rise of Sui network tokens (SUI). While other cryptocurrencies have managed to carve out their niches and deliver respectable returns, SUI’s staggering 70% increase stands as a beacon of what the future may hold for the crypto market.
In the ever-evolving landscape of cryptocurrency, the recent surge of Bitcoin’s value—up over 10% within a week—illustrates a moment of optimism for investors. However, the news that Binance controls a staggering 23% of all Bitcoin reserves held across centralized exchanges should ignite both celebration and concern. As Bitcoin rekindles investor interest and climbs back toward
In the ever-evolving world of cryptocurrency, social media personalities often play a decisive role in shaping investor sentiment. Recently, influencer John Squire, commanding an impressive following of over half a million on X, put forth a striking prediction: XRP could potentially catapult to $100. While the prediction may seem audacious, it reflects a larger trend
The recent class-action lawsuit targeting the Solana-based exchange Meteora unveils a grim reality that’s becoming all too familiar in the cryptocurrency realm. Allegations of a meticulously orchestrated pump-and-dump scheme surrounding the M3M3 meme coin have surfaced, with claims that investors lost a staggering $69 million. While the cryptocurrency sector has often touted its unregulated nature
Bitcoin has swiftly climbed to a six-week high of $88,900, presenting an impressive 18% increase from its earlier slump of $75,000 in early April. This surge may initially seem a mere blip in the increasingly volatile world of cryptocurrency; however, the implications stretch beyond numbers. The undeniable fact remains: Bitcoin is becoming increasingly regarded not
The cryptocurrency landscape is no stranger to volatility, but the recent trading episode involving Bitget and its VOXELUSDT perpetual futures market raises significantly more questions than answers. On April 20th, an extraordinary surge in trading activity prompted the exchange to intervene by suspending accounts and rolling back trades. This incident offers a sobering reminder of
The financial landscape is undergoing a seismic shift, and at the forefront of this revolution is Bitcoin (BTC). One entity that epitomizes this change is Strategy (MSTR), helmed by its visionary Executive Chairman, Michael Saylor. Recent figures reveal that over 13,000 institutions and 814,000 retail accounts now hold MSTR directly, while an astounding 55 million
This Easter weekend served as a stark reminder that markets don’t tread lightly during tense economic times. Instead of rejuvenating investor confidence, the holiday brought more questions than answers. As global trade discussions remain stagnant, the economic landscape grows increasingly precarious. The behavior of the Trump administration only exacerbates the chaos, as President Trump made
