As we plunge into 2025, it is apparent that THORChain’s trajectory has become increasingly precarious. The Layer 1 network, designed to facilitate seamless cross-chain liquidity, is now confronting not just market volatility, but internal inefficiencies and a sentiment crisis among altcoin investors. The decline in the network’s native token, RUNE, offers a stark metaphor for
Crypto
Bitcoin’s impressive ascent early this week was marked by a tantalizing stretch toward the $96,000 mark, only to be met with turbulence and a sharp pullback. The cryptocurrency, which captivated many with a sudden surge beyond $90,000 for the first time since early March, has painted a vivid picture of both possibility and peril for
April brought a wave of anxiety to the traditional financial markets with looming worries surrounding Trump’s tariffs, yet the cryptocurrency realm chose a different narrative—a narrative of resilience and fervent growth. Bitcoin initially appeared to follow the broader market’s unease, plummeting to $74,500 on “Black Monday” (April 7). However, instead of succumbing to the pessimism,
In the ever-evolving world of cryptocurrency, Bitcoin’s recent ascension by over 10% has coincided with a significant uptick in the holdings of digital assets by Binance. As the leading exchange, Binance now commands a staggering 23% of all Bitcoin reserves locked away in centralized exchanges. This consolidation raises eyebrows, sparking a critical discourse on the
In today’s crypto landscape, XRP garners intense debates about its future price trajectory. One popular figure in the social media sphere, John Squire, recently boldly claimed that XRP could reach a staggering $100. While the phrase “moonshot” has become a buzzword in cryptocurrency discussions, Squire’s prediction raises vital questions rather than blind enthusiasm. Market capitalization
The cryptocurrency landscape is prone to volatility, yet the recent class-action lawsuit against the Solana-based decentralized exchange Meteora highlights a disturbing trend that could redefine investor trust in the digital asset space. The lawsuit concerns the M3M3 meme coin launch and alleges that Meteora orchestrated a deceitful scheme reminiscent of classic “pump-and-dump” tactics—one that left
Bitcoin has been on an impressive rally, reaching a six-week peak of $88,900 earlier this week. This surge reflects an astonishing increase of 18% since it found itself languishing at a mere $75,000 just this month. Observers have noted that this resurgence coincides with gold’s own ascension to a record level, sparking renewed interest in
On April 20th, a seemingly ordinary day turned into pandemonium for Bitget users as the VOXELUSDT perpetual futures market experienced an unprecedented surge in trading activity. The trading frenzy, which defied traditional market analysis, raised red flags for the exchange, prompting immediate action. Bitget suspended several accounts and swiftly rolled back trades culminating in a
The narrative surrounding Bitcoin (BTC) isn’t just a passing trend—it’s a seismic shift that threatens the very foundation of traditional finance. The recent rise of Strategy (MSTR), spearheaded by the outspoken Michael Saylor, signifies a crucial turning point where decentralized finance begins to challenge established market norms. The numbers may dazzle: over 13,000 institutional investors
While many anticipated a rejuvenating Easter weekend, the financial markets instead entered a state of stagnation. The absence of any new trade deals compounded the disappointment as investors faced a relentless barrage of negative news and uncertainty. The atmosphere was further poisoned by President Donald Trump’s decision to label critics of tariffs as “bad at
