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Crypto
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working…
Here’s what happened in crypto today
Today in crypto, crypto analysts anticipate continued pressure owing to trading wars until April. Tether is in discussions with a Big Four accounting firm to conduct a full financial audit. Meanwhile, the US Treasury Department has…
Bitcoin’s megaphone pattern, explained: How to trade it
Key takeawaysThe Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market…
XRP price risks another 20% drop after ‘Digital Asset Stockpile’ letdown
As of March 8, XRP (XRP) faces mounting technical and fundamental pressures that suggest a possible 20% price decline in the near future. Drawing from recent market analyses and historical patterns, investors should watch three key…
From social experiment to retail ‘value extraction’ tools
Memecoins, once seen as community-driven digital assets, are increasingly being used to exploit retail investors, with a growing number of scams and failed celebrity-backed tokens raising regulatory concerns.The $4 billion collapse of the…
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
"I have been excited about embrace of crypto and I think it fits very well with the Republican Party, the ethos of it. Crypto is about freedom and the crypto economy is here to stay," he said in an interview with Fox Business in July.…
What Does Trump’s Win Mean for Crypto?
Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become law sometime in the next two years. It also…
Ether (ETH) Blows Past $3K, Outperforms Bitcoin (BTC) After Trump’s Election Win and Fed Rate…
ETH, the world's second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CoinDesk data. Prices have risen 23.39% this week, the biggest gain since May, outperforming…
Tornado Cash Developer Roman Storm’s Trial Delayed Until April
In addition to potentially hurting Storm’s defense, Klein’s letter to the court suggested that Judge Failla’s ruling may have contravened one of the federal rules that govern criminal proceedings. Essentially, Klein argued that the…
Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line
“Now, that's very different from, let's say there's somebody who comes and builds an order book DEX on Polygon PoS," he said. "If they were doing $20,000 of fees over multiple months, it would be a massive failure, because you would expect…