Tracy Jin from MEXC predicts that $1 billion in stablecoin inflows could boost Bitcoin’s price by 8-10 percent. Bitcoin (BTC) is increasingly benefiting from stablecoin-driven liquidity growth. On Wednesday, April 30, Tracy Jin, COO of crypto exchange MEXC, shared her insights with crypto.news on the growing role of stablecoins in the Bitcoin ecosystem. “Fiat inflows…
Bitcoin, altcoins, and the stock market are down on Wednesday after a series of weak economic data from the United States. Bitcoin (BTC) price dropped below $94,000, much lower than this month’s high of $96,000. Similarly, top altcoins like Ripple (XRP), Pepe (PEPE), and VeChain (VET) dropped by over 5% in the last 24 hours. …
XRP’s recent grind higher has taken it straight into a critical resistance cluster near the $2.50 mark. Despite the bounce, volume has remained low, a warning sign that this move may lack the strength needed to sustain itself without a shift in momentum. Let’s break down why this zone is so crucial. Over the last…
Polkadot price continued to consolidate at a crucial support level, pointing to a potential strong rebound as development activity rises. Polkadot (DOT) token was trading at $4, a few points above the crucial support at $3.63, where it has failed to break below since 2023. According to data from Santiment, the number of commits in…
Bitcoin’s lack of movement lately isn’t unusual as price action is trapped within a tight lower time frame trading channel. Until either support or resistance is broken with strong volume, expect continued chop, indecision, and frustrating fakeouts for both bulls and bears. Since April 23rd, Bitcoin (BTC) has been locked in a sideways range between…
Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets. This new partnership aims to expand over $200 million in tokenized assets, including private credit offerings, across more than 30 blockchain ecosystems. The Rio de Janeiro-based exchange is already a major player…
The Cardano price remained under pressure this week, erasing some of the gains made last week when it rose to its monthly high. Cardano (ADA) retreated for the second consecutive day, reaching a low of $0.670. It has dropped by almost 10% from its highest level this week. A potential catalyst for Cardano is that…
Semler Scientific CEO Eric Semler announced on April 30 via X that the company has acquired an additional 165 Bitcoins for $15.7 million. The latest purchase brings the company’s total Bitcoin (BTC) holdings to 3,467 BTC, now valued at $330.6 million. $SMLR acquires 165 #bitcoins for $15.7 million and has generated BTC Yield of 23.8%…
Solana, the popular layer-1 network, is seeing strong network activity that may help its price jump to $200 and above. Solana (SOL) was trading at $147.25 on Wednesday, just below last week’s high of $156. It has jumped by over 52% from its lowest level this year. Third-party data indicates that Solana’s network is performing…
FIFA Collect, the official digital collectibles platform of FIFA, is upgrading its infrastructure and migrating to a new EVM-compatible FIFA Blockchain, the organization announced. The migration is expected to begin no earlier than May 20, 2025, with users notified in advance, according to the FIFA website. The move is designed to enhance platform performance, scalability,…
