Author: John Smith
MyShell’s native token, SHELL, leaps to a new all-time high after Binance announces an airdrop event ahead of the token’s listing on Feb. 27. According to a recent notice, Binance has prepared an airdrop event through Binance HODLer for users ahead of its SHELL listing. Binance users who have BNB (BNB) subscribed to Simple Earn and/or On-Chain Yields products from Feb. 14 until Feb. 18 will receive SHELL tokens from the Binance airdrop event. The airdrop is scheduled to take place on Feb. 27, around one hour before trading starts. MyShell’s native token will be officially listed on Binance starting…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Top analysts predict FloppyPepe will outperform Shiba Inu this cycle; with its massive presale demand at just $0.0000002, the next big meme coin breakout could be here. The meme coin space has seen explosive growth in the last few years, with Shiba Inu (SHIB) emerging as one of the biggest names. However, top analysts now believe that FloppyPepe (FPPE) has more upside potential this cycle, thanks to its AI-powered ecosystem, deflationary model, and strong early-stage demand. As top analysts…
Institutional investors seem to be selling off millions in Bitcoin, but CryptoQuant’s CEO believes 30% corrections are common during bull cycles. Bitcoin (BTC) is down about 10% over the past week, putting this February on track to be one of the worst since 2018. Still, CryptoQuant CEO Ki Young Ju isn’t concerned, saying only a “noob” would sell during this dip. If you’re panic selling now, you’re probably a noob.A 30% correction in a #Bitcoin bull cycle is common—it dropped 53% in 2021 and still recovered to an ATH.Buying when prices rise and selling when they fall is the worst…
A controversial tax rule proposed by the U.S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it. On Feb. 26, U.S. House Representatives advanced a resolution to scrap the rule, with the House Ways and Means Committee voting 26-16 in favor of the repeal. The resolution now moves to the full House for a vote. If it passes, the Senate will then decide its fate. A successful Senate vote would send the measure to President Donald Trump, who can either sign it into law or veto it. However,…
Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions. While no Bitcoin ETFs recorded positive inflows on the day,…
Winklevoss twin-led Gemini is the latest crypto firm to shake off the U.S. Securities and Exchange Commission’s scrutiny, as the agency closed its probe after nearly two years. According to co-founder Cameron Winklevoss, the commission has decided not to pursue enforcement action against Gemini nearly 700 days after launching its investigation and 277 days after issuing a Wells Notice. On Monday, the SEC informed our litigation counsel @JackBaughman27 that it has closed its investigation into @Gemini and will not be pursuing an enforcement action against us. This comes 699 days after the start of their investigation and 277 days after…
With whales continuing to dump ETH and spot Ethereum ETFs reporting large net outflows, Ethereum is under increasing sell pressure. According to SoSoValue data, U.S. Ethereum (ETH) spot ETFs saw $94.3 million in net outflows on Feb. 26. BlackRock led the outflows with $69.7 million, followed by Fidelity with $18.3 million and Grayscale with $3 million. Over the past week, total net outflows have reached $222 million. ETH has dropped 5% during the last 24 hours, trading at $2,340 at press time. According to CoinGlass, 24-hour liquidations have totaled $127.93 million. Weaker DeFi activity and liquidity are also seen in…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The 2025 bull run is creating opportunities for investors seeking high-risk, high-reward gains: here are three cryptocurrencies with massive growth potential. The 2025 bull run is shaping up to be one of the most exciting years for the crypto market, driven by increasing institutional interest, innovation, and scalability. While some investors seek steady growth, others are aiming for high-risk, high-reward opportunities that could turn $100k into $10m. These three cryptocurrencies are top picks for 2025, offering substantial upside potential,…
Pi coin has surged nearly 80% in the past 24 hours and reaching a new all-time high of $2.99. Pi Network’s (PI) surge coincides with a huge increase in 24-hour trading volume, which has surpassed $3.2 billion, according to data from the crypto.news price tracker. The token is currently sitting at $2.95 after earlier trading as low as $1.65 in the same 24-hour period. The spike contradicts the ongoing decline in the broader cryptocurrency market, with Bitcoin having fallen below $85,000. On the technical side, PI is showing a neutral to slightly bullish bias. The 5-minute chart shows price action…
Core Scientific has announced a $1.2 billion expansion of its Denton, Texas, data center in partnership with artificial intelligence-focused cloud provider CoreWeave. According to Core Scientific’s Feb. 26 press release, the agreement adds 70 megawatts of contracted power, bringing the site’s total critical information technology load to 260 MW. Across six locations, CoreWeave now has 590 MW of infrastructure contracted with Core Scientific, reflecting the rising demand for AI and general processing unit-powered computing. Core Scientific chief executive officer Adam Sullivan noted that the expansion will strengthen the company’s position as a leader in AI-focused digital infrastructure. “By expanding our…