Author: CryptoHoppers
This content is provided by a sponsor. PRESS RELEASE. As the cryptocurrency market faces renewed turbulence, Bitcoin (BTC) has pulled back to around $80,000, while Ethereum (ETH) extends its slide. According to CoinGlass, market sentiment has sunk into “Extreme Fear,” fueling widespread investor anxiety. In this environment, investors are actively seeking stable and high-yield opportunities […] Source link
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Key Takeaways Bitcoin has dropped 21% from its all-time high, warned Wolfe Research. Analysts suggest Bitcoin could fall to $70,000 if the $90,000 level isn’t reclaimed. Share this article Bitcoin hit a low of $79,500 on Binance on Thursday, marking a 26% decline from its January peak, as broader market risk aversion continues to pressure crypto assets.The leading digital asset could retreat to $70,000 — a level not seen since Election Day — if it fails to reclaim $90,000, according to Wolfe Research.A drop to the mid-$70,000 range is possible, Wolfe analyst Read Harvey warned, noting that a break below…
Este artículo también está disponible en español. The Solana-based memecoin Launchpad Pump.fun’s X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises. Related Reading Pump.Fun Hackers Launch PUMP Memecoin On Wednesday, Pump.fun’s official X account was compromised, with hackers promoting different tokens during the incident. The account started to post different contract addresses (CA) for various memecoins before deleting them. The hackers initially shared the contact address of PUMP, the “official Pump.fun governance token,” stating that “democracy has never been this…
The talking points on cryptocurrency have again been taken over by Dogecoin (DOGE). Its price movements have not caused any excitement among investors. Even though DOGE remains one of the most popular meme coins, it experienced worrying price movements lately. The coin’s value shrank lower than some crucial technical levels, implying there may be future drops. Conversely, Rexas Finance (RXS) seems to be creating a marketing frenzy with its pre-sale in its last phase and an optimistic listing on the way. Rexas seems poised to make big moves starting in 2025. All the while, DOGE is trying to stabilize itself…
Key Takeaways The IMF approved a $1.4 billion loan for El Salvador, with an immediate $113 million disbursement. El Salvador’s Bitcoin policy changes include making Bitcoin acceptance voluntary and ensuring taxes are paid in US dollars. Share this article The International Monetary Fund (IMF) has approved a $1.4 billion extended arrangement for El Salvador under its Extended Fund Facility, with an immediate disbursement of $113 million available to the country.The 40-month program is expected to attract additional multilateral financial support, creating a combined financing package of over $3.5 billion throughout the program period.The IMF-supported initiative aims to address macroeconomic imbalances…
As rumors around Pump.Fun, the memecoin creator, launching its own automated market maker (AMM) to replace Raydium’s liquidity pools started floating around, Raydium, Solana’s leading AMM has criticized the move. Raydium Criticizes Pump.Fun’s AMM Replacement Move InfraRAY, a core contributor to Raydium, called Pump.fun’s move a “strategic miscalculation” in a post on X, arguing that Pump.Fun could struggle to replicate its current success by creating its own infrastructure. It is worth mentioning that Raydium has been handling much of the trading volume and providing liquidity for tokens that graduate from the Pump.fun’s launchpad Rumors of the replacement started doing rounds…
Share this article Seychelles, February 26, 2025 – MEXC, the world’s leading cryptocurrency trading platform, announced that it has purchased $20 million in USDe, Ethena’s synthetic dollar, in a move aimed at promoting broader use and adoption of innovative stablecoins and similar assets within the crypto ecosystem.Meanwhile, MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has made a strategic investment of $16 million in Ethena.The acquired USDe will support stablecoin-related initiatives, including a campaign featuring a $1,000,000 reward pool.Stablecoin acts as a critical element of the broader crypto landscape. USDe, issued by the Ethereum-based DeFi platform Ethena,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As major cryptos face pressure, Codename:Pepe emerges as a bold contender, blending AI-driven insights with meme culture to shake up the market. Today’s crypto scene sees major shifts. Key players like Solana are facing downturns, while XRP is under pressure. The situation gets more intense with the Bybit hack shaking confidence among investors. Amid this chaos, an unexpected contender is rising quickly. A new project, known by its cryptic moniker Codename:Pepe, is capturing attention with its promising presale reaching…
Key Takeaways El Salvador resumed its Bitcoin buying strategy, adding 7 BTC worth $661,000. The purchase aligns with an IMF agreement, modifying Bitcoin policies in El Salvador. Share this article El Salvador purchased 7 Bitcoin worth $661,000 today, resuming acquisitions after pausing its daily buying strategy on Feb. 18, according to Arkham Intelligence data.The Central American nation now holds 6,088 Bitcoin, valued at approximately $558 million at current prices. The country had previously implemented a strategy of purchasing one Bitcoin daily, which began in November 2022.The halt came amid El Salvador’s recent agreement with the International Monetary Fund (IMF), a…