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Author: cointechies
Polkadot price was the large-cap cryptocurrency’s biggest laggard in 2024, but a rare chart pattern suggests a strong rally in 2025. Polkdaot (DOT) is down over 15% this year, while other top coins like Bitcoin (BTC), Solana (SOL), and Binance Coin (BNB) have risen to their all-time highs. The coin’s underperformance occurred despite its network experiencing successful ecosystem launches. For example, Hydration, a leading decentralized exchange within the Polkadot ecosystem, processed a record volume of over $124 million in December. Polkadot’s NFL Rivals, a digital trading card game, has gained traction among NFT retailers. Meanwhile, Bifrost, a liquid staking network…
Pepe Coin price is ending 2024 with a strong rise as it rose by almost 20%, recouping some of the losses suffered this month. Pepe (PEPE), the third largest meme coin, climbed to a high of $0.000022, its highest level since December 18th. The boost came after Elon Musk, the world’s richest person, changed his X profile picture to a Pepe-like image. Musk, one of the most influential people in the world, has over 234 million followers on X, close ties to Donald Trump and a fortune of almost half a trillion dollars. His action could indicate a growing interest…
Binance has announced that it will end support for deposits and withdrawals of DYDX tokens via the Ethereum (ERC20) network. According to the announcement, support for the DYDX token will end on February 12, 2025 at 02:00 UTC. After this date, all DYDX deposits made via the ERC20 network will no longer be credited to user accounts, potentially resulting in loss of assets. Users can still deposit and withdraw DYDX tokens via other Binance supported networks. The announcement has raised concerns among investors about the market stability and liquidity of the DYDX token. Following the news, the price of the…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Cardano is targeting $4.20 by January, but Lightchain AI’s presale success at $0.004 positions it as a disruptive competitor with explosive growth potential. The cryptocurrency market is heating up as Cardano looks to maintain its position as a premier blockchain platform. As investors anticipate a possible price increase to $4.20 by January 31, the spotlight has also come to Lightchain AI, a fast-rising competitor whose presale price was as low as $0.004. Both projects have their strengths, but Lightchain…
Sonic, the Solana Virtual Machine chain for games and applications on Solana, will unveil its native token SONIC on January 7th. On December 31, Sonic Team announced that token generation on the Layer 2 chain on Solana (SOL) will allocate 57% of the total token supply to the community. The distribution includes SONIC reserved for the ecosystem, initial claims and Sonic HyperGrid rewards. The TGE announcement comes just days after the Solana L2 gaming platform announced that it plans to airdrop its native tokens to TikTok users. SONIC will power the gaming-centric blockchain and its multi-Solana Virtual Machine ecosystem. Sonic…
Ethereum co-founder Vitalik Buterin has once again reached out to help community members. Buterin made a hefty donation of 50 ETH to support Alexey Pertsev, a developer embroiled in legal battles over Tornado Cash. Tornado Cash, a tool designed to improve crypto privacy and allow users to anonymize their Ethereum transactions, is at the center of controversy due to its potential for money laundering abuse. Alexey Pertsev, one of its developers, now faces a legal conundrum as he is accused of facilitating such activities. His case has become a litmus test for the crypto community’s stance on privacy versus regulatory…
MicroStrategy stock and Bitcoin price have been closely correlated in the past as the company became the largest BTC investor. Shares of MicroStrategy are down 21% in the last 30 days, while Bitcoin (BTC) is down less than 2%. This represents a significant divergence as MSTR stock has typically moved in parallel with Bitcoin. Bitcoin vs. MicroStrategy stock price | Source: crypto.news The stock is up over 320% this year, while Bitcoin has gained 120%. Its outperformance over Bitcoin combined with the lack of expense ratio has led some investors to consider it a better alternative to BTC and Bitcoin…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Lightchain AI is attracting the attention of major investors as it combines AI and blockchain technology, positioning itself as a strong competitor to Solana and Ripple. There is excitement in the cryptocurrency market as major investors flock to secure their shares in Lightchain AI, an emerging altcoin set to revolutionize the blockchain space. As a direct competitor to established giants like Solana (SOL) and Ripple (XRP), Lightchain AI has attracted the attention of institutional and retail investors alike. With…
Bitgert has entered into a strategic partnership with Comet Protocol to revolutionize cross-chain transfers and optimize blockchain interactions. This collaboration, announced through Bitgert’s official channels, represents a significant step forward for the cryptocurrency sector. Comet Protocol acts as an interlink communications aggregator, enabling transactions across networks such as Ethereum, Bitcoin and other Layer 1 blockchains. Bitgert, a fast-growing crypto platform, is known for its innovative features, including a centralized exchange (CEX) and a gas-free blockchain. The partnership between these two companies focuses on simplifying the process of transferring assets between different blockchains, providing users with a unified and seamless experience.…
In a major step forward, the Pi Network ecosystem has taken a huge leap by transferring 1 billion coins to a dedicated wallet. The main purpose of transactions is to create a liquidity pool that makes transactions easier for users (so-called “pioneers”) and provides new opportunities for developers. Liquidity pools act as shared resources that simplify the trading and exchange of assets, avoiding delays and reducing price fluctuations. For Pi Network, this development ensures that Pioneers can now conduct faster and smoother transactions without having to worry about waiting times or a lack of available coins for trading. Additionally, liquidity…