The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.615 on April 16, mirroring the performance of other top layer-1 coins, such as Avalanche (AVAX) and Solana (SOL). ADA remains significantly lower than its all-time high of $3.1. There…
Oku has enabled BTC-backed lending and borrowing on Corn Network, powered by Morpho, unlocking new DeFi utility for Bitcoin holders. On April 17, Oku announced the launch of the Morpho Protocol on Corn Network, opening a new frontier for Bitcoin (BTC) users to engage in overcollateralized lending using BTCN, Corn’s native Bitcoin-backed token. BTCN is…
The investment universe for non-crypto native investors has largely revolved around Bitcoin and Ethereum ETFs. But that’s changing fast with the introduction of a new Solana product on the Toronto Stock Exchange. As a Canadian working in crypto space, this announcementcaught my attention. The collaboration between 3iQ Corp. and Figment to bring a Solana (SOL)…
Pi Network price continued to retreat this week as investors remain concerned about its increasing supply. Pi coin (PI) retreated to a low of $0.60, its lowest level in a week and 21% below its highest point this month. The most likely reason for the sell-off is that more tokens are being released to the…
XRP is riding its longest-ever winning streak against ETH, with six straight months of outperformance — but is this momentum sustainable? Ripple (XRP) has now outperformed Ethereum (ETH) for six consecutive months, marking its longest winning streak on record against ETH. The run began in November last year, when XRP surged by 160.4% relative to…
Ripple coin wavered at a crucial resistance level this week as Bitcoin and most major altcoins stalled. Ripple (XRP) was trading at $2.10 on Thursday, up over 30% from its lowest point this month. The most significant news on Ripple was a U.S. court’s decision to grant both Ripple and the Securities and Exchange Commission…
Bitcoin’s computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins. Bitcoin’s network strength reached a new milestone in early April, even as miners ramped up their Bitcoin (BTC) sales to stay afloat. On April 5, the hashrate achieved historic 1 sextillion hashes per second…
SYRUP jumped as much as 36% today, driven by strong ecosystem growth and whale accumulation. On April 17, Maple Finance’s SYRUP token hit an intraday high of $0.15, putting it up more than 76% from its monthly low. At the time, its market cap sat around $128.8 million, and daily trading volume surged 157% to…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2024, MENA accounted for 5.7% of tokenization deals facilitated by Stobox, according to the company’s internal stats. Representing a marked increase with the end of 2023, when its share was just…
Raydium, a Solana-based DeFi platform, has launched its own memecoin launchpad after Pump.fun severed ties with the automated market maker last month. Dubbed LaunchLab, the new memecoin-making protocol officially went live on April 16, giving users a simple way to create, customise, and trade their own tokens directly on the Solana blockchain, according to an…
