The native asset of the stablecoin-focused crypto project Ethena (ENA) skyrocketed by more than 28% on Friday, ignoring a wider crypto market pullback. The price surge materialized after the Arthur Hayes-backed decentralized finance (DeFi) project announced a new strategic partnership with Anchorage Digital, a federally chartered crypto bank. The partnership aims to bring Ethena’s second…
A decentralized finance (DeFi) altcoin that received trading support from the crypto exchange Binance in May is seeing gains despite the dip in the digital assets market. The token of Maple Finance (SYRUP) is currently changing hands for $0.475, up by 7.95% over the past 24 hours. This comes after the DeFi platform for institutional…
A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). “Jito Staked…
A closely followed crypto analyst says that Dogecoin (DOGE) may have an explosive breakout if the memecoin reclaims one key level as support. In a new thread, crypto trader Ali Martinez tells his 144,000 followers on the social media platform X that DOGE may be forming a bullish reversal pattern on the three-day chart and…
Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554. The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure. With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024….
Onyxcoin (XCN) price is around $0.015, down 19% over the past week. XCN is under pressure as the broader market battles fresh selling as traders book profits. Onyx V2’s anticipated launch and the regulatory clarity provided by the CLARITY Act could be a bullish catalyst. Onyxcoin (XCN), the native token of the web3 protocols ecosystem…
Celestia (TIA) trades at $1.81, down 13% in the past week. The altcoin is paring gains seen following a bounce from lows of $1.32. Celestia Foundation has announced it bought all remaining TIA from Polychain Capital. Celestia’s price of $1.81 today is down double digits in the past week. While it has bounced 38% since…
An analyst who accurately called the 2022 crypto collapse believes that one Ethereum (ETH) rival is on the verge of a deep correction. Pseudonymous analyst Capo tells his 129,129 subscribers on his Telegram channel that Solana (SOL) is facing resistance at the $200 level and may decline more than 68% from its current value. “SOL…
Crypto investment giant Pantera Capital says there is a “great on-chain migration” underway as tokenization moves from a concept to reality. In a new newsletter, Pantera general partner Franklin Bi says “the rise of tokenized assets today mirrors the early days of ETFs (exchange-traded funds).” Says the investor, “When the first U.S. equity ETF (SPY)…
A widely followed analyst believes that five altcoins are poised for more rallies as tens of billions of dollars in capital flow into the crypto market. Crypto strategist Ali Martinez unveils to his 143,200 followers on the social media platform X his massive price target for the payments altcoin XRP after it broke out from…
