Author: coinadrenaline
A survey revealed that politically-themed memecoins like TRUMP, LIBRA, and CAR attracted many first-time crypto investors, but also led to significant losses and disillusionment. Memecoin Losses Prompt 21% of New Crypto Investors to Quit A survey study of 1,066 crypto investors conducted by Chainplay in collaboration with Storible found that nearly 80% bought president-endorsed memecoins […]
IntroductionIn an economic landscape increasingly characterized by monopolization and the dominance of institutionalized credit, innovative technologies and protocols are emerging that have the potential to change the foundations of our economy and society. At the forefront of this are Bitcoin and Nostr—two groundbreaking protocols that together can usher in a new era of innovation, free from the financial constraints of the fiat system. This article examines the history and mechanisms that enable Bitcoin and Nostr to act as catalysts for innovation and human progress.Innovation under Hard Metal CurrenciesIn the days of hard metal currencies, especially during the gold standard, innovation…
Ethereum continues to lead in all-time gas fees, particularly in DeFi, despite a decline in on-chain activity and the lowest transaction costs in over four years. According to data analytics platform Growthepie, Ethereum’s Layer 1 blockchain still dominates in all-time gas fees generated across all sectors (finance, gaming, NFTs, etc.), except for social. In DeFi alone, Ethereum (ETH) has accumulated over $1.68 billion in total gas fees. It leads other blockchains in DeFi gas fees on all timeframes (all-time, monthly, 3-month, and weekly). This shows that Ethereum is still the dominant platform in terms of DeFi usage, even though Layer…
Dogecoin started a fresh decline below the $0.2620 zone against the US Dollar. DOGE is now consolidating and struggling to clear the $0.2550 resistance. DOGE price started a fresh decline below the $0.270 and $0.2620 levels. The price is trading below the $0.2580 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.2540 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.2550 and $0.2620 resistance levels. Dogecoin Price Struggles To Gain Pace Dogecoin price started…
The SEC is pausing lawsuits against Binance and Coinbase, sparking speculation on whether Ripple could be next—potentially signaling a shift toward clearer crypto regulations. Crypto Crackdown Unraveling? SEC Pauses Cases—But What About Ripple? The U.S. Securities and Exchange Commission (SEC) is prioritizing cryptocurrency cases with imminent court deadlines while pausing others, Fox Business journalist Eleanor […]
Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term as bulls struggle to reclaim higher levels. ETH is trading at crucial demand zones, facing sustained selling pressure that has kept it below the $2,800 mark. Investors are trying to stay calm amid the volatility, but fear is creeping in as Ethereum continues to show weakness, raising concerns that a deeper correction could follow. However, on-chain data suggests that big players are taking advantage of the recent downturn. Crucial data from Santiment reveals that whales have accumulated 430,000 Ethereum in the last…
The cryptocurrency world was shaken by another cyberattack, this time involving the Singapore-based exchange BingX. On Friday, the company confirmed that it had suffered a security breach after detecting suspicious outflows from one of its hot wallets. Despite the severity of the situation, BingX assured users that they would be fully compensated and that the majority of assets remained secure. The BingX team communicated the incident through a post on X (formerly Twitter), revealing that they had detected abnormal access to the hot wallet, suspecting a hacker attack. “We immediately initiated an emergency response, including asset transfers and temporarily pausing…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Argentinian President Javier Milei said it would be “an honor” for Argentina to host the next edition of Devconnect, a gathering of independent events that foster the growth of the Ethereum ecosystem. Milei made the statement in response to Vitalik Buterin’s praise of Argentina’s Ethereum community. He said the energy and determination of builders based in the country are real and the event should be held there.The Ethereum co-founder assessed that the recent LIBRA memecoin scandal should not be seen as a reason to stop believing in crypto but as a motivation to spread education.He added:“I continue to be very optimistic about…
Journalist Posted: February 21, 2025 ONDO was dominating the RWA space as it posts the highest transaction volume, outperforming other tokens. Binance continued to accumulate the tokens as ONDO’s TVL exploded to the upside once again. Ondo [ONDO] emerged as a clear leader in the Real World Asset (RWA) space, recording transaction volumes that far surpass its competitors. The peak for ONDO in January 2025 reached approximately $500 million, a significant spike compared to its nearest competitor, MKR, which posted the highest volume of just under $50 million during the same period. Other tokens like PAXG, GFI, and DAKS displayed much…