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World Liberty Financial, the Donald Trump-endorsed and Justin Sun-advised cryptocurrency firm, has launched a stablecoin, USD1, that has very quickly become one of the largest in the world. However, despite this multi-billion-dollar growth, the token provides effectively no transparency; no audits, no attestations, not even a transparency webpage that purports to show its holdings. The token is offered in partnership with BitGo, which does have a website page dedicated to the token. However, while the page does claim that the token is “100% backed by short-term US government treasuries, US dollar deposits and other cash equivalents,” it provides no additional evidence or insight beyond that.  Is World Liberty Financial a dead project? Read more: Every token in World Liberty Financial’s portfolio is down bad This lack of transparency contrasts USD1 with other popular stablecoins, including tether (USDT), USDC, the Paxos stablecoins, and many others...

Solana (SOL) served as something of a herald for the latest cryptocurrency bull market as it enjoyed a particularly sharp rally in late 2023 and early 2024, taking it from about $20 to above $200 – 900% increase in just six months. The blockchain itself enjoyed much activity and inflows thanks to numerous meme coins – another major staple of the cycle – finding their home on SOL. Still, more recent trading hasn’t been kind to Solana, and it suffered a 41.17% fall from January 19 highs at $286.81 to its press time price of $168.72. Simultaneously, the 30-day 39.16% drop ensured SOL is at its lowest level in more than three months. Picks for you Here's why Goldman Sachs sees Gold hitting $3,100 by year-end 1 hour ago Li...

While $TRUMP is expected to regain its previous highs around $35, there are several other promising cryptocurrencies worth considering. The crypto market is showing signs of a strong rebound, with a 3% increase in overall market capitalization, pushing it to $3.58 trillion. With Bitcoin’s trajectory still uncertain—whether it will surge to $120,000 or consolidate while altcoins and meme coins take the lead—many traders are positioning themselves in assets they believe have strong upside potential. Kaspa (KAS) Kaspa has shown resilience even during market corrections. Recently, its market capitalization reached $4.74 billion before experiencing a significant dip to $3 billion. However, the token has begun to recover, indicating strong bullish momentum. One of its key advantages is its nearly 90% circulating supply, which enhances its stability and potential for long-term growth. With a relatively low market cap of $3 billion, $KAS has the potential to reach $10-$20 ...

The global non-fungible token market is skyrocketing again, with some of the top non-fungible token collections like Azuki and Pudgy Penguins, Milady Maker NFTs exploding over 100% in trading sales volume and floor price values. The NFT market retested some hype in November 2024, but took a short breather in the past few weeks after over two months of intense bull run. Below, we have listed some of the most-selling NFT collection this week. 1. Azuki NFT collection Azuki, a non-fungible token collection from the digital asset firm Chiru Labs featuring a limited set of 10,000 anime-themed NFTs hosted on the Ethereum blockchain network, is this week’s most traded NFT collection in the NFT market. In the past 24 hours, the Azuki NFT collection has amassed a trading sales volume of $8.4 million. It has a market capitalization of $361 million and a floor price of $36,197. 2. Milady Maker NFT Collection Milady Maker, a renowned non-fungible token collection from the digital asset fir...

XRP pulled off something of a photo finish in 2024 as it rapidly rallied in the aftermath of Donald Trump’s re-election from its relatively stable range between $0.40 and $0.60 to last year’s highs above $2.70. Subsequent trading has been less certain and marked by substantial volatility, with weekly swings running as large as 25% of the token’s value, with prices fluctuating between $2.30, dipping below $2, and rising back above $2.40. Finally, mid-January 2025 brought a major rally that saw XRP break above $2.80 and add as much as $15 billion to its market capitalization within 24 hours by press time. Indeed, the token surged from approximately $147.5 billion to about $163.5 within just one day. Picks for you 17-storey Crypto Tower announced in Dubai as blockchain businesses thrive 38 mins ago ...

The ignition of a new phase of the 2024 cryptocurrency bull market in early November appeared to promise a parabolic Christmas for Bitcoin (BTC) but as more recent trading proved, something might have burned out during the rocketing. Specifically, after surging 56% from $67,811 on November 5 to the all-time high (ATH) above $108,000 on December 17, BTC plunged to its press time price of $97,621, erasing approximately $180 billion from its market capitalization. BTC 7-day market cap price chart. Source: CoinMarketCap Indeed, at its recent high, the total valuation of the world’s premier cryptocurrency exceeded $2.14 trillion. In contrast, on December 24, data from Finbold revealed BTC stood at $1.93 trillion at the time of publication.  Picks for you Solana (SOL) is set for an imminent rally — Here’s why ...

Solana (SOL) can be a controversial investment in the cryptocurrency market with both passionate supporters and critics. In this context, an artificial intelligence (AI) model analyzed ten bearish things about Solana based on a recent Reddit post. On August 12, a Reddit post on r/CryptoCurrency listed the “10 things they don’t want people to know or post about Solana.” The post received nearly 600 upvotes and 400 comments, making it highly relevant to the crypto community. “10 things they don’t want people to know or post about Solana.” Source: r/CryptoCurrency In particular, the analyst known as Duo Nine allegedly used an AI to weigh in and evaluate each point on X. The list averaged 7.1 out of 10 points in the “truth score” and 6.3 in the “danger score.” He then concluded: Picks for you ...

Sui (SUI), the native coin of the Layer-1 blockchain Sui Network, has witnessed an impressive 120% price rally over the past week. At press time, it is exchanging hands at approximately $0.98. The cryptocurrency is now trading at its highest price over the past 30 days and shows potential for further gains. This surge has positioned it as a leader among the top 50 cryptocurrencies by market capitalization. SUI Key Statistics: Current Price: $0.98 Market Cap: $2.70 billion Trading Volume (24h): $768 million Circulating Supply: 2.59 billion SUI Total Supply: 10 billion SUI CoinMarketCap Ranking: #30 The market’s enthusiastic response to recent endorsements and technical upgrades has been evident in Sui’s trading volume, which has escalated dramatically. This influx of trading activity is supported by a robust increase in market capitalization, reflecting growing investor’s confidence in the cryptocurrency. SUI/USD Market Key Levels: Resistance Levels: $1.10...