Sonic (S), the new Layer-1 blockchain developed by the team behind Fantom Opera, has posted impressive growth metrics since its December 2024 launch. According to Messari’s Q4 2024 report, Sonic has seen a 21-fold increase in total value locked (TVL), reaching $565 million, while generating over $2.3 billion in DEX trading volume. The blockchain has […]
Bitcoin’s Hot Supply Sees Significant Drop Despite ongoing struggles in the cryptocurrency market, there are potential signs that Bitcoin could be gearing up for a recovery. One such indicator is its hot supply, which tracks BTC available for short-term trading. According to on-chain analytics platform Glassnode, Bitcoin’s hot supply, representing BTC aged one week or […]
Pavel Durov, the founder of Telegram, has been allowed to temporarily leave France, where he faces serious legal challenges. Meanwhile, The Open Network (TON) blockchain, which powers Telegram’s growing mini-app ecosystem, has secured over $400 million in investments from major venture capital firms. According to sources cited by AFP, Durov departed France on March 15, […]
While the ZANO token has seen a moderate upside retracement, price action has encountered notable downward rejection. Technically, this keeps the market under strong headwinds. Technical indicators are also aligned to suggest the possibility of price action falling to lower support levels. Zano Statistics ZANO Current Price: $6.865 Market Capitalization: $91.61M Circulating Supply: 13.43M Total […]
Uncertainty around taxes and tariffs weighs on investors. The investors are hearing a lot from Trump economic officials about tariffs and deregulation, but not as much about policies that could stop market declines. The biggest unanswered question is: What happens if tax cuts don’t materialise? Yahoo Finance’s Ben Worrall highlights the current landscape—tariffs are front […]
Digital asset investment products are experiencing their worst crypto outflows on record, according to the latest CoinShares report. Meanwhile, US spot Bitcoin ETFs just posted their largest daily inflows in six weeks, suggesting the market might be stabilizing. Crypto Outflows Reach Unprecedented Levels The crypto market has seen five consecutive weeks of outflows, with the […]
The ASX 200 downturn has finally rebounded off support at 7,738, breaking its weeks-long downward correction. This recovery appears largely driven by gold reaching a new record high. Additionally, concerns over a U.S. recession have eased, encouraging traders to remain composed and reducing selling pressure in this market. Key Price Levels Resistance Levels: 8,000, 8,250, […]
Upside gains in the Axelar daily market still look quite subdued. Despite a 6.81% price increase, price action in the daily market remains below key technical landmarks. Let’s take a closer look at the market below. Axelar Statistics AXL Current Price: $0.3957 Market Capitalization: $367.02M Circulating Supply: 932.19M Total Supply: 1.19B CoinMarketCap Rank: 127 Key […]
Russia is now using cryptocurrencies to support its oil trade with China and India, helping the country work around Western sanctions. According to a recent Reuters report, Russian oil companies have started using Bitcoin, ether, and stablecoins like Tether to help change Chinese yuan and Indian rupees into Russian rubles. Russia is reportedly using Bitcoin […]
