The token fell from $0.01421 to $0.01319 during Wednesday’s Asian evening session. The 10.98% plunge came without any clear news catalyst, suggesting a reaction to broader crypto market weakness and a technical retest of key support. According to CoinMarketCap data, Onyxcoin (XCN) saw a volatile 10.98% correction during Wednesday’s Asian trading session, plummeting from its…
Ethereum has amassed $425 million in capital from SharpLink Gaming’s treasury allocation. The largest altcoin has attracted large volumes of institutional capital inflows to ETFs in the past week. Whales and institutions have attempted to reinstate confidence among traders, however the process has proven painfully slow. We dive deeper and find out why traders are…
The Federal Reserve has decided to keep interest rates at current levels, maintaining a cautious stance on inflation. A strong labor market, steady growth, and somewhat elevated inflation prompted the Fed to hold rates steady. On Wednesday, June 18, the Federal Open Market Committee announced it would maintain rates in the 4.25% to 4.5% range,…
What does the reverse merger between Tron and SRM reveal about Justin Sun’s strategy, and how does Trump’s indirect involvement influence its market perception? Tron goes public through the backdoor On Jun. 16, Tron (TRX), the blockchain network founded by Justin Sun, completed a reverse merger with SRM Entertainment, a small Nasdaq-listed firm known for…
Jordi Baylina’s new venture, Zisk, will carry the zkVM torch forward following the Polygon Foundation’s decision to decommission the costly chain. Baylina retains a founder’s title, but his team and codebase are now fully independent. On June 18, Polygon co-founder Jordi Baylina took to X to announce that he and the core zkEVM development team…
Polygon price continued its freefall, reaching its lowest level since April 21, as the broader crypto sell-off gained momentum. Polygon (POL) dropped to $0.1915, down 32% from its highest point in May and 74% below its 2024 peak. The crash has pulled its market cap down from $5.68 billion at its peak to $2 billion…
As Bitcoin mining enters a new chapter post-halving, HIVE Digital Technologies is taking a measured, ambitious approach to growth. In this interview, Darcy Daubaras, CFO of HIVE, offers an inside look at how the company plans to scale its hashrate to 25 EH/s by the end of 2025 while sticking to its no-debt philosophy and…
Solana is sitting on a critical support level following a period of muted volatility and sideways consolidation. With multiple technical confluences now in play, the market appears primed for a decisive breakout,or breakdown. The current structure suggests that price is coiling, and the next move could mark a major directional shift. Solana (SOL) has shown…
In a move straight from the Strategy playbook, Prenetics has become the first health sciences firm to execute an aggressive Bitcoin treasury strategy, securing $20 million worth of BTC and appointing crypto veteran Andy Cheung to its board. According to a press release on June 18, Nasdaq-listed health sciences firm Prenetics Global has bought $20…
Geopolitical risks and macroeconomic uncertainty are creating a risk-averse environment, and Bitcoin and crypto could slide further. Crypto markets have been under pressure over the past week, mainly due to global instability. On Wednesday, June 18, the overall crypto market dropped 1.06% to $3.25 trillion, with Bitcoin (BTC) falling to a daily low of $103,396,…
