The decentralized exchange just announced a major milestone, as its layer 2 transaction volumes have officially surpassed $500 billion.
Insider trading concerns emerge with Trump memecoin
The hype around Donald Trump’s new Solana-based memecoin, aptly named TRUMP, is reaching a fever pitch, with its market cap skyrocketing to $42 billion.
BitMEX slapped with a $100 million fine for skipping compliance
The well-known crypto exchange has just been hit with a $100 million fine for violating the Bank Secrecy Act.
Bitcoin and Ethereum price outlook: Testing key levels amidst mixed sentiment
Bitcoin is testing support at $98,000 and $95,000, with resistance at $105,000 and $110,000.
A recent 3% dip and concerns over potential global interest rate hikes have created short-term bearish sentiment.
However, institutional buying, particularly from World Liberty Finance, may stabilize prices if BTC nears $98,000. Upcoming U.S. PCE data could also impact risk asset performance.
Ethereum, trading with support at $3,100 and $3,000 and resistance at $3,450 and $3,600, has been affected by speculative narratives like “Solana Will Flip ETH.”
Positive momentum continues with strong Ethereum ETF inflows and expected scalability updates from Ethereum Core Dev discussions.
Additionally, anticipated World Liberty Finance announcements this week may boost ETH demand.
Both assets remain pivotal, with market catalysts and macroeconomic factors shaping their near-term trajectories.
Ryan Lee, Chief Analyst at Bitget Research
TRON’s new stablecoin promises 20% yield, real or scam?
TRON’s native token, TRX, is back in the spotlight thanks to the launch of USDD 2.0, a revamped version of its stablecoin.
Traders are betting on a 140% Dogecoin rally by February
There’s a hype in the air that our favorite memecoin could be gearing up for a serious price growth.
