Author: John Smith

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance sees rising investor interest as ETH is swapped for RXS tokens, with a notable $183k transaction. Rexas Finance (RXS) has captured this market segment and the attention of retail and institutional investors. While the project is undergoing its final presale stage, Etherscan reveals a shift in investor attention: Crypto holders are now actively swapping their ETH assets for RXS tokens. A notable transaction depicts further investment confidence in the project: $54 ETH worth $183,870 was swapped for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin price struggling, this article looks into ChowWow, the new Solana meme coin that is set for massive rallies in presale Bitcoin continued its downtrend this week, dropping briefly below $95,000 before rebounding above $98k. In the past week, the price of BTC has traded between $101,732 and $94,713, with the Bitcoin market cap dropping from $2.0b to $1.94b.  Since Bitcoin’s price surged to an all-time high of $109,114 on January 20, the popular cryptocurrency has been in…

South Korea plans to gradually allow corporations to begin trading crypto, according to the latest announcement by the Financial Services Commission. On Feb. 13, the SFC released a press release in which it outlined a phased lift on a ban that prohibited institutions from participating in the virtual assets trading market. Reports that South Korea was mulling a lift its institutional crypto trading ban emerged early this year. In phase one of the program, authorities will allow law enforcement agencies, non-profit organizations, school corporations and universities to sell crypto such as Bitcoin (BTC) and Ethereum (ETH). This will be for…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin and Ethereum face further declines. Discover strategies to protect and profit from a falling market. Bitcoin and Ethereum are facing steeper declines ahead. Major signals point to continued drops in their values. Despite the downturn, there are ways to keep a portfolio in profit. Uncover how to navigate the falling market and find opportunities amid the chaos. XYZVerse: The underdog fighter set to dominate the crypto arena In the fast-paced world of meme coins, only the…

Ethereum price has formed a death cross pattern, risking further downward momentum as whales continue selling.  Ethereum (ETH) dropped to $2,600 on Thursday, down by over 35% from its highest level in December last year.  This decline happened the network continued to see weak demand among investors. Spot Ethereum exchange-traded funds had net outflows of $40.95 million on Wednesday, bringing the cumulative inflows to $3.1 billion. There are signs that some Ethereum whales have continued to dump their tokens. According to Lookonchain, one big whale deposited 20,000 tokens worth $52.8 million to Kraken. The same whale sold 20,000 tokens in…

While Bitcoin L2s recently witnessed outflows, a new protocol called Hemi amassed more deposits on its private mainnet network. Hemi, a Bitcoin (BTC) layer-2 protocol founded by early blockchain developer Jeff Garzik, has achieved over $260 million in total value locked ahead of its mainnet launch.  BTC L2s function as sidechains connected to Bitcoin’s blockchain. Protocols like Hemi, Core, Bitlayer, and Stacks seek to unlock decentralized finance for BTC through staking and yield generation. Data from the project’s native explorer showed an uptick in deposits, comprising some 2,686 in liquid BTC derivatives and about 3,207 dominated in Ether (ETH) staking…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market dips open doors for investors, with Lightchain AI, Solana, and Avalanche poised for strong rebounds and future gains. Market dips create prime opportunities for savvy investors to accumulate high-potential altcoins at discounted prices. Among the leading options right now is Lightchain AI, a rapidly growing project changing  AI-powered blockchain technology. Lightchain AI has already raised over $15.3 million at a presale price of $0.006, showcasing strong investor demand even in a volatile market. Other strong contenders include Solana…

Crypto exchange CEX.IO has expanded its services in the United Kingdom by enabling spot trading for UK-based customers. The CEX.IO team announced the expansion of its suite of crypto products available to customers via a press release shared with crypto.news. The introduction of spot trading means UK users now have access to the same products available to CEX.IO customers in the European Union. Customers can trade over 100 cryptocurrencies, including Bitcoin (BTC) and top altcoins. Also now available for trading are leading meme coins such as Official Trump, Dogecoin and PEPE. “By providing UK customers with access to our Spot…

Quant, the popular cryptocurrency project in the real-world asset tokenization industry, continued its recovery on Thursday. Quant (QNT) token rose to an intraday high of $97.40, its highest level since February 2nd and 30% above its lowest swing this month.  The token jumped after Oracle, the 19th-biggest company globally, unveiled its Oracle Blockchain Platform Digital Assets Edition. OBP DA is a new enterprise-grade solution designed to help partners build and deploy digital assets.  It simplifies the tokenization efforts by combining a bank-grade distributed ledger infrastructure with smart contracts. The platform is built using Quant’s Overledger technology, which enables cross-ledger operations…

The OpenSea Foundation announced its SEA token for users of the popular NFT marketplace, with U.S. traders eligible and a new platform upgrade called “OS2.” OpenSea users were told to expect a native token called SEA as a reward for trading non-fungible tokens on the multi-chain NFT exchange as part of an overhaul to improve on-chain digital collectible trading, per a Feb. 13 reveal via X. The OS Foundation said U.S. users were eligible, as the firm was likely encouraged by shifting regulatory winds under the new President Donald Trump administration. Big projects have generally disqualified U.S. users from receiving…