Author: CryptoHoppers

Key Takeaways The meme token associated with Donald Trump plummeted more than 40% on the launch of Melania Trump’s MELANIA token. MELANIA, based on Solana, reached a $10 billion valuation within three hours of launch. Share this article TRUMP, the official meme coin of President-elect Donald Trump, lost over 40% of its value after Melania Trump dropped her own meme coin, Melania Meme (MELANIA).Trump’s meme token traded at around $72 on Sunday and dropped below $39 Sunday evening, CoinGecko data shows. The sell-off wiped out $6 billion of its market value, which peaked at approximately $14.5 billion during the day.The…

Crypto analyst Burak Kesmeci has recently shared another bullish prediction on Bitcoin (BTC), indicating the maiden cryptocurrency may be on an uptrend for the foreseeable future.  In the meantime, BTC continues to hover around $104,000 showing no significant movement over the past day following a strong price recovery in the past week. Bitcoin NVT Golden Cross Nears Local Bottom, Price Uptrend Secured  In an X post on January 18, Kesmeci provided valuable insights on the Bitcoin market using the Bitcoin NVT Golden Cross metric. For context, the Bitcoin Network Value to Transaction (NVT) is a basic ratio of the asset’s…

Key Takeaways The Ethereum Foundation is undergoing a year-long restructuring to enhance technical expertise and ecosystem communication. The foundation aims to reinforce its commitment to privacy, open-source development, and censorship resistance at the application layer. Share this article The Ethereum Foundation is undergoing a major leadership restructuring process, as shared by Ethereum co-founder Vitalik Buterin in a Jan. 18 statement that outlined the goals and explicit non-goals of the process.“We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year. Some of this has already been executed on…

Justin Sun, founder of TRON, shared the remarkable success of its blockchain in reducing illicit crypto activity in the latest post on X. The report published by blockchain intelligence company, TRM Labs highlights that TRON saw the biggest decline in illicit activity, with a $6 billion drop and the proportion of such transactions nearly halving.  In 2024, TRON became a safe haven for wrongdoers as it contributed the largest share of illicit transactions (58% of illicit volume). This is followed by Ethereum (24% of illicit volume), Bitcoin (12% of illicit volume), Binance Smart Chain (3% of illicit volume), and Polygon…

Ever heard of “staking” in the world of crypto and wondered, “What on earth is that?” Well, you’re not alone. Staking might sound like something you do with a tent or a vampire, but in the crypto universe, it’s something entirely different. It’s one of those buzzwords you’ve probably seen tossed around, and if you’ve ever thought, “Should I be doing this?”—stick with me, because we’re diving deep into staking today.So, What Exactly Is Staking?Imagine you’ve got some extra money lying around. Instead of just keeping it in a savings account (where it’ll grow slower than grass on a dry day), you…

Bad actors stole roughly $2.3 billion from web3 projects, with Ethereum accounting for more than half of the total losses. According to the State of Web3 Security in 2024 report from Cyvers, 51% of the stolen funds came from Ethereum-based projects, largely due to its role as the leading blockchain for DeFi and its extensive liquidity. BNB Chain was the second most targeted blockchain, accounting for 24% of losses, while Bitcoin, XRP, and Arbitrum accounted for 5%, 4%, and 3%, respectively. Access control failures accounted for 81% of the total funds lost in 2024, linked to weak authentication and permission…

Sony has formally introduced its blockchain platform, Soneium, marking a substantial advancement toward decentralized technology. Sony Block Solutions Labs has initiated a new project to facilitate user engagement with blockchain technology, connecting the existing Web2 environment with the developing Web3 ecosystem. A New Era For Creators On top of the current Ethereum network, Soneium is a publicly available Ethereum Layer 2 solution. This arrangement solves common issues faced by blockchain users by enabling faster transaction processing and lower expenses. During its four-month testing phase, Soneium has processed 47 million transactions and attracted over 14 million users, according to data from…

Photo: Ryan M. Kelly Key Takeaways Donald Trump plans to prioritize crypto as a key policy area through an executive order. The move signals a shift from Biden’s administration’s regulatory approach towards a more supportive stance on crypto. Share this article President-elect Donald Trump plans to issue an executive order prioritizing crypto as a key policy area, according to a Bloomberg report.The order could come as early as Monday and would establish a crypto advisory council to incorporate industry perspectives into the administration.The move represents a departure from President Joe Biden’s administration. During his tenure, over 100 enforcement actions were…

Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in […] Source link

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto market evolves, Rexas Finance, Cardano, and Notcoin are emerging as high-potential investments that could turn a modest $300 into $15,000. Some initiatives are becoming possible game-changers with great returns on investment as the crypto market develops. Three cryptocurrencies, Rexas Finance (RXS), Cardano (ADA), and Notcoin (NOT), offer special chances for fast expansion. These three coins are causing waves in the crypto market. Rexas Finance: The coin positioned for extreme profits Rexas Finance is a transforming agent…