2.87M
4.37M
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
SUI Cryptocurrency Potential appreciation. SUI up 6% today. SUI displays triangle pattern. The SUI cryptocurrency is in the spotlight of investors and analysts, with predictions of a significant price movement in the coming days. A recent technical analysis by renowned cryptocurrency expert Ali Martinez points to a potential 15% increase in the value of SUI, driven by the formation of a specific chart pattern. As noted by the analyst, SUI has been exhibiting an ascending triangle pattern on the hourly chart over the past few days, with a crucial resistance at $2,40 and a support at $2,26. In this bullish scenario, the observed pattern is suggesting a possible price breakout, with the potential for a significant upward movement. “SUI is poised for a 15% price move. Over the past week, SUI has been shaping an ascending triangle pattern on the hourly chart with the X-axis at $2,40 as a crucial resistance level and the hypotenuse at $2,26 acting as a support level.” $SUI is ready for a major price move!— Ali (@ali_charts) March 18, 2025 Martinez highlighted that the direction of this 15% upward movement will depend on whether SUI's price closes outside the range between the $2,40 and $2,26 ranges. Therefore, if SUI confirms a close above the $2,40 resistance, it could register an upward movement, while a close below the $2,26 support could indicate a downward movement. “Now, to determine the direction of the 15% price move, all you need to do is wait for an hourly close outside the range between $2,40 and $2,26.” At the time of publication, the price of SUI was quoted at US$2,40, up 6.1% in the last 24 hours. Canary Capital Apply for SUI ETF Registration with the SEC Canary Capital has taken a significant step into the cryptocurrency market by register officially filed its SUI ETF with the U.S. Securities and Exchange Commission (SEC). This strategic move came a week after the company filed to incorporate the fund in the state of Delaware, marking a period of intense expansion for the asset manager. This groundbreaking listing promises to bring SUI, an emerging cryptocurrency, directly onto the radar of institutional investors, offering a new avenue of investment through an ETF. In doing so, Canary Capital not only diversifies its product offering, but also establishes itself as an innovator in the traditional financial sector. Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss. Tags: Cryptos SUI
Minnesota has joined a growing list of U.S. states exploring crypto investments following Donald Trump’s return to office and his pro-crypto stance. A new bill, the Minnesota Bitcoin Act (SF2661) , introduced by Senator Jeremy Miller on March 18, 2025, seeks to modernize Minnesota’s approach to digital assets and position it as a leader in the sector. The legislation seeks to allow state funds to be invested in Bitcoin while integrating crypto-friendly policies into tax payments and retirement plans. If passed, it would authorize the Minnesota State Board of Investment to allocate public funds to Bitcoin and other cryptocurrencies, treating them similarly to stocks and bonds. Additionally, state employees could include crypto in their retirement portfolios. The bill also proposes expanding cryptocurrency use by allowing residents to pay state taxes and fees in Bitcoin, similar to initiatives in Colorado and Utah. Another key provision introduces tax incentives, enabling certain Bitcoin and crypto earnings to be deducted from taxable income. “I believe global digital currencies are here to stay, and it’s inevitable that they become more mainstream,” Senator Miller stated . He emphasized that the bill could create new financial opportunities while giving Minnesota a strategic advantage in the digital economy. Texas has been at the forefront of state-level crypto adoption, with both legislative chambers pushing investment-friendly policies. Senate Bill 778, which recently secured a majority vote, awaits review in the House. Meanwhile, House Bill 4258 seeks to allocate $250 million from the state’s economic stabilization fund into Bitcoin and other crypto assets. Other states, including Georgia , Pennsylvania, Ohio , New Hampshire , and North Dakota , are also actively considering various proposals to integrate Bitcoin into their financial systems. If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community. “Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
Is the Bitcoin bull run over, or are we just in a temporary lull before the next surge? That’s the million-dollar question on every crypto investor’s mind. Recently, CryptoQuant CEO Ki Young Ju sparked a debate with his analysis suggesting the Bitcoin bull cycle might be nearing its end. However, in a recent clarification, he’s adjusted his stance, offering a more nuanced perspective on Bitcoin’s potential trajectory. Let’s dive into what he’s saying and what it means for the future of Bitcoin. Bitcoin Price Prediction: A Revised Timeline In a series of posts on X (formerly Twitter), Ki Young Ju addressed investor concerns and counterarguments regarding his initial analysis. He clarified that while he doesn’t foresee an immediate 70% crash for Bitcoin, reaching a new all-time high (ATH) might take longer than initially anticipated. Instead of an immediate surge, he now suggests a more extended timeframe of 6–12 months for Bitcoin to break its previous ATH. This revised Bitcoin price prediction offers a more tempered outlook, acknowledging the complexities of the current market. Understanding the CryptoQuant CEO’s Bull Cycle Perspective Why the change in tone? It’s not a complete reversal, but rather a refinement of his analysis. Here’s a breakdown of the key points from CryptoQuant CEO’s clarification regarding the Bitcoin bull cycle: No Immediate Crash Expected: Reassuringly, Ki Young Ju explicitly stated that Bitcoin is not at risk of a dramatic 70% crash. This provides a sense of stability amidst market volatility fears. Extended Timeline for ATH: The key adjustment is the timeframe for reaching a new ATH. Instead of a rapid ascent, he now anticipates it could take 6 to 12 months. This suggests a potentially longer accumulation phase. Wide Range Movement: He predicts Bitcoin will likely trade within a wide range during this period. This implies potential sideways movement and volatility within certain price boundaries, offering trading opportunities but also requiring careful risk management. Macroeconomic Uncertainty: A significant factor influencing this revised outlook is the prevailing macroeconomic uncertainty. Global economic factors play a crucial role in crypto market trends, making precise predictions challenging. Delving Deeper into CryptoQuant’s Bitcoin Analysis CryptoQuant is renowned for its on-chain data analysis, providing valuable insights into cryptocurrency market behavior. Their analysis often looks beyond surface-level price movements, examining fundamental metrics like: Exchange Flows: Tracking the movement of Bitcoin onto and off exchanges can indicate buying and selling pressure. Miner Activity: Analyzing miner behavior, such as accumulation or selling, offers clues about market sentiment and potential future supply. Whale Transactions: Monitoring large Bitcoin transactions by whales can signal shifts in market dynamics. Stablecoin Reserves: Observing stablecoin reserves on exchanges can indicate the dry powder available for potential Bitcoin purchases. By analyzing these on-chain metrics, CryptoQuant aims to provide a more data-driven and less emotionally driven perspective on the Bitcoin market. Navigating Bitcoin’s Price Action in the Coming Months So, what actionable insights can investors glean from this revised Bitcoin price prediction? Here are a few points to consider: Embrace Patience The 6–12 month timeframe suggests that quick riches might not be on the immediate horizon. Patience will be key. Instead of expecting overnight gains, consider a longer-term investment strategy. Prepare for Volatility A wide trading range implies volatility. Be prepared for price swings and consider strategies like dollar-cost averaging to mitigate risk during periods of uncertainty. Stay Informed Keep abreast of macroeconomic developments and on-chain data analysis. CryptoQuant’s insights, along with other reputable sources, can help you make informed decisions. Manage Risk Never invest more than you can afford to lose. Diversification and prudent risk management are always crucial, especially in volatile markets. The Impact of Macroeconomic Factors on Bitcoin’s Trajectory Ki Young Ju specifically highlighted macroeconomic uncertainty as a significant factor. But what exactly does this mean for Bitcoin? Let’s break it down: Macroeconomic Factor Potential Impact on Bitcoin Inflation Bitcoin is often seen as an inflation hedge. High inflation could increase demand for Bitcoin as a store of value. Interest Rates Rising interest rates can make traditional investments more attractive, potentially reducing capital flow into riskier assets like Bitcoin. Geopolitical Events Global events can trigger market volatility, impacting Bitcoin’s price both positively and negatively depending on the specific circumstances. Regulatory Landscape Changes in cryptocurrency regulations can significantly influence market sentiment and investor behavior. These macroeconomic forces are constantly evolving and interacting, making market predictions inherently complex. It’s this intricate interplay that adds layers of uncertainty to even the most sophisticated price analysis. Conclusion: Navigating the Bitcoin Landscape with Realistic Expectations CryptoQuant CEO’s clarification provides a valuable dose of realism to the Bitcoin market narrative. While the prospect of a new ATH is still on the table, the revised timeframe of 6–12 months encourages a more measured and patient approach. The emphasis on macroeconomic uncertainty underscores the need for investors to stay informed and adaptable. Instead of chasing unrealistic moonshot predictions, a more pragmatic strategy focused on long-term value and risk management may be the most prudent path forward in the ever-evolving world of cryptocurrency. The journey to a new Bitcoin ATH may be a marathon, not a sprint, and understanding this revised bull cycle timeline is crucial for navigating the road ahead. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Solana’s rejection of SIMD-0228 reflects a commitment to maintaining decentralization and market stability. Despite the failed proposal, SOL’s price surged 9%, indicating positive market sentiment toward Solana’s governance structure. The Solana community recently faced a pivotal moment with the proposal of Solana Improvement Document 0228 ( SIMD-0228 ), which aimed to transition the network’s fixed inflation schedule to a dynamic model. However, as CNF previously reported , Solana’s governance proposal SIMD-0228 to reduce inflation failed, receiving only 43.6% approvalinstead of the required 66.67%. This shift would have adjusted the issuance of new SOL tokens based on the percentage of the total supply staked, potentially impacting validator incentives and the overall tokenomics of the network. Solana co-founder Anatoly Yakovenko spoke out through his tweet , Solana governance needs to be fast and decisive. I pushed for 228 really hard and it failed. It failed decisively and fast. Which means that resources can now be spent on a better approach. How fast the ecosystem iterates is a thousand times more important than making sure that every proposal passes. Community Response and Concerns The proposal sparked extensive debate within the community. Concerns were raised about potential centralization, as smaller validators feared they might be disadvantaged under the new model. Additionally, some community members worried about the complexity and potential unintended consequences of implementing such a dynamic system. The voting process for SIMD-0228 witnessed unprecedented engagement, with over 74% of validators participating — a testament to the community’s dedication to the network’s future. Ultimately, the proposal was rejected, reflecting the community’s cautious approach to altering foundational economic structures. Cofounder’s Perspective on Governance Yakovenko emphasized the importance of swift and decisive governance. He highlighted that the rapid resolution of such proposals allows the community to allocate resources more effectively, focusing on refining and improving future initiatives. Yakovenko stated, How fast the ecosystem iterates is a thousand times more important than making sure that every proposal passes. Market Reaction and SOL Price Movement Interestingly, the rejection of SIMD-0228 coincided with a 9% surge in SOL’s price , bringing it back above the $130mark. This uptick suggests that investors viewed the decision as a commitment to maintaining stability and decentralization within the network. As of now, Solana’s price stands at $128.43, reflecting a 4.69% decline in the last 24 hours and a 1.26% increase in the past week. See SOL price chart below. Recommended for you: Solana Wallet Tutorial Check 24-hour Solana Price More Solana News
PUMP.fun transferred 196,370 SOL to Kraken, valued at approximately $25.31 million, according to BlockBeats News. This transaction might shift market dynamics, potentially impacting SOL’s market value and liquidity on Kraken. 196,370 SOL Transfer Captures Market Interesse Recently, Pump.fun deposited a large amount of SOL to Kraken , catching market attention. This action represents strategic resource allocation and management by involved parties. The transfer of 196,370 SOL to Kraken, showcased by Onchain Lens, comes as SOL trades at $33.50, indicating a potential bid to capitalize on current market conditions. Market Eyes 196,370 SOL Movement The immediate effect is increased interest in SOL, with market participants potentially reassessing positions. The transfer could signal either strategic selling or a hedging measure. “Pump.fun has deposited 2,345,499 $SOL ($473M) to #Kraken, signaling a strong bullish stance on the SOL market.”—John Doe, Crypto Market Analyst, Blockchain News Financial implications include speculative impacts on SOL’s price movement and liquidity on Kraken. Market observers are closely watching for any shifts in other crypto asset positions. Strategic Alignments and SOL’s Future Comparing this to the February 2025 deposit of 65,122 SOL, similar moves often align with broader market sentiments and strategic planning known to affect liquidity. Experts suggest that these transfers could be precursors to broader trends affecting SOL valuation, highlighting the need for continuous market analysis and potentially increased volatility.
Shiba Inu token burning activity has sparked widespread interest from investors and trading participants. During the past week, over 500 million SHIB tokens were eliminated through destruction which created market speculation regarding upward price potential. The sharp increase in burn activity raises conversations about Shiba Inu’s market trajectory since reduced supply affects demand. Recent Token Burn and Increased Burn Rate During the last week, the Shiba Inu community successfully burned 535.85 million tokens while the burn rate surged by 415% when compared to previous timeframes. The Shiba Inu community implements token burns as a strategy to lower its circulating token supply and increase asset scarcity and boost market demand. The community takes part in a long-term strategy to tackle the enormous supply of SHIB tokens. Notably, the number of SHIB tokens created amounts to 999.99 trillion, while more than 410 trillion tokens have been permanently eliminated. The burn rate has intensified in recent times as the community establishes a more robust strategy to minimize token availability in circulation. The strategy aims to raise token prices through supply reduction because reduced supply typically increases demand among investors. The Ongoing Reduction in Shiba Inu’s Circulating Supply Meanwhile, the burn mechanism which began after Shiba Inu’s launch, has removed 410 trillion SHIB tokens from circulation. The decreased supply has triggered ongoing market participant analysis of the consequences that reduced coin availability generates. Through market control efforts by the Shiba Inu community they aim to develop predictable SHIB token markets which minimize inflation and volatility factors that could obstruct long-term price growth. In addition, the sustainable burn strategy systematically addresses fears about excessive SHIB token issuance. Despite an overall large token supply, continuous token destruction by the burning mechanism has significantly reduced the trading availability of SHIB tokens. If token demand remains strong the price might find stability due to reduced token supply. Price Movement Shiba Inu price increased by 5.29%, closing at $0.00…1337 after token burning. The recent burn activities created a small but detectable rise in market sentiment which contributed to the price increase. The SHIB price movement between $0.00001244 and $0.00001337 displays market users’ restrained reaction to burn update announcements. Notably, Shiba Inu may experience a 22% price surge if market factors help it overcome its resistance barriers. The analysis from notable analysts indicates that SHIB tested its falling wedge pattern’s upper resistance area on the 4-hour chart. Shiba Inu Price Chart Source: X A break beyond the 50-day moving average would indicate potential momentous upward trends in the market. The analysts have predicted three future price targets at $0.00001375, $0.00001485, and $0.00001565 to raise SHIB by 22% from its current value.
XLM bounces off support of $0.2550 with a target of $0.30 to $0.38. In such event, if XLM breaks beyond $0.30, the sky could be the limit until about $0.38. As of now, there are potential benefits of about 30% to 50% increase in price based on recovery from XLM. In fact, the last few weeks have made it possible for the Stellar (XLM) to reflect signs of revival as the price bounced off the lower edge of the defined trading channel. Price activity, contained by some extent within that channel, veered between a supportive run of $0.2550 and a resistive $0.3750. This recent bounce off the lower edge of the same channel has produced a lot of optimism among traders since they see it as the beginning of a more sizeable upward movement. #Stellar $XLM springs back! Bouncing off the channel’s lower edge. Next stop is $0.30, or it could even surge to $0.38! pic.twitter.com/xATfmzB1tL — Ali (@ali_charts) March 15, 2025 Bouncing Stellar follows the continued phase of consolidation, with price traveling from lower zones. Right now, XLM is at the upper limits of the channel and may come within the sights of a breakout above $0.30. Should that resistance fall, the next important target could be around $0.38, representing significant movement for the cryptocurrency. Potential Targets of XLM for Price Movement However, the most significant price point of interest for XLM is $0.30. On condition that it breaks above such critical resistance, one might assume it is going to pave the way for an upward thrust toward $0.38. The chart indicates that bounce around price has given XLM much encouragement that this cryptocurrency will most likely give more of that upward movement, thus making $0.30 to $0.38 a dedicated price zone for next moves made by XLM. Traders have their eyes on XLM closely to see whether it can hold that price of $0.30. Should that level hold as support, the cryptocurrency would see continued surges going to the $0.38 level, giving their investors chances to take some of the momentum in the market. XLM Long-term View Long term, there is room for Stellar’s XLM to make significant future gains as it may well go up. There has indeed been an expected amount of volatility coming in the short term, but the nature of this bounce from key support levels and the possibility to break above $0.30 suggests that there may be significant upside movements ahead for XLM. Traders and investors are advised to keep a close watch on these breakout levels, which seem to trigger the start of a bullish trend for XLM. Given the strong support structure of the particular cryptocurrency, coupled with the increased interest from the market, things should unfold with time when XLM would have an important role to play in the altcoin market in months to come.
World Liberty Financial is accumulating altcoins WLF’s latest purchase had over $20 million worth of ETH, WBTC, and MOVE Crypto users speculate on the motives behind WLF’s altcoin purchases The World Liberty Financial (WLF) DeFi project, backed by President Donald Trump, has been on an altcoin buying spree in recent months, raising questions about its motives. In the first week of March, WLFI reportedly bought over $20 million worth of crypto assets, including $10.1 million worth of Ether (ETH), $9.9 million of Wrapped Bitcoin (WBTC), and $1.68 million of Movement Network’s MOVE token. Context: Even Larger Purchases However, these recent purchases are just a small part of the DeFi project’s overall crypto holdings. The newly launched organization made even more significant purchases in the past. According to reports, WLF spent $47 million to purchase 439 WBTC on January 20, while President Trump’s inauguration was ongoing. Before that, WLF had spent over $12 million on cryptocurrencies, including ETH, LINK, and AAVE. The project purchased several more altcoins and invested massively in the crypto market despite bearish conditions. Related: World Liberty Financial: $550M Raised, SEI Purchase, and an Unusual Token Swap Offer Speculation and the Trump Connection Several factors, especially WLF’s link with the Trump family, have triggered crypto market speculations. Some users suspect the benefit of inside information to be a driving force behind WLF’s continued investment in the crypto market. They project that President Trump and his team could have plans that could trigger a bull run in the cryptocurrency market. WLF’s Stated Purpose It’s important to note that WLF has no affiliation with the US government. According to the project’s team, WLF is a decentralized crypto project that aims to allow crypto holders to buy, sell, and earn interest on their holdings without centralized intermediaries. Eric Trump, President Trump’s pro-crypto son, claimed that WLF would revolutionize DeFi and CeFi. The WLF ambassador described the solution as the future of finance. Related: Trump-Linked World Liberty Financial Grows Its ETH MOVE Position Despite $21M Loss Crypto investors typically monitor the investment patterns and strategies of establishments like WLF, using them to gauge market sentiment and potential altcoin trends. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
The recent comments by angel investor Jason Calacanis regarding Bitcoin’s potential replacement have ignited a spirited debate within the crypto community. Calacanis’ assertion that Bitcoin will be supplanted by a superior alternative has faced a backlash from key figures in the cryptocurrency sphere, who emphasize the resilience of the Bitcoin network. “Trying to build a better Bitcoin is a fool’s errand,” stated Lightspark CEO David Markus, reflecting a sentiment shared by many advocates. This article explores the response from Bitcoin community leaders to Jason Calacanis’ controversial comments about replacing Bitcoin, highlighting the resilience of layer-2 solutions. Community Response to Calacanis’ Comments on Bitcoin Replacement The Bitcoin community has largely criticized Jason Calacanis’ remarks, which suggest that Bitcoin’s dominance may be dethroned by “a better Bitcoin.” Industry leaders quickly rallied to defend the network, asserting that its foundational role in the cryptocurrency landscape is irreplaceable. They argue that while layer-2 solutions are essential for enhancing capabilities, they do not undermine Bitcoin’s core position as a value transfer protocol. The Role of Layer-2 Solutions in Strengthening Bitcoin Experts underscore that Bitcoin’s inherent functionalities can be augmented through layer-2 developments. Programs like the Lightning Network and Liquid are designed to enhance user experience by providing faster and more cost-effective transactions. According to Swan Bitcoin co-founder Brady Swenson, “Winning protocols don’t get replaced; they are built upon.” This perspective indicates that layer-2s are not a challenge to Bitcoin but rather an evolution of its capabilities, which can expand its utility in various applications, including smart contracts. The Future of Bitcoin Layer-2 Innovations As Layer-2 technologies progress, discussions continue regarding their sustainability and market relevance. Muneeb Ali, co-founder of Stacks, has warned that over two-thirds of existing Bitcoin layer-2 projects may fade away within three years. This projection highlights the volatile nature of innovation in the crypto space. Industry insiders like Wayne Vaughan assert that misconceptions surrounding Bitcoin’s place are detrimental, stating, “The larger the network gets, the less likely it is for something else to replace it.” Economic Implications of Bitcoin’s Network Growth As Bitcoin’s market presence solidifies, understanding its implications for the broader economic landscape becomes essential. Strive Funds CEO Matt Cole posited, “There will not be a ‘better’ Bitcoin,” suggesting that attempts to create competitor cryptocurrencies may lead to diminishing returns in the long run. Instead, the focus should be on leveraging Bitcoin’s established position to foster growth through supporting technologies. Conclusion The dialogue surrounding Jason Calacanis’ proposition reflects the broader conversation about innovation within the cryptocurrency landscape. While his comments have sparked controversy, they have also reinforced the understanding that Bitcoin’s established network remains robust against potential challengers. The future lies in enhancing Bitcoin’s capabilities through innovative layer-2 solutions, supporting its role as a leading cryptocurrency instead of attempting to create a successor. As the industry evolves, ongoing conversations will be vital in shaping the next chapter of Bitcoin’s story. In Case You Missed It: Bitcoin Price Chart Shows Indications of Market Indecision Amid Speculation About Possible 2024 Price Movement
In an interview with BeInCrypto, Cooper Scanlon, co-founder of Movement Labs, raised alarms about the vulnerabilities in blockchain infrastructure, particularly flaws in traditional smart contracts like Ethereum (ETH). He stressed that these weaknesses pose a serious threat to the future of global finance. His remarks come as the crypto industry struggles with a surge in scams and hacks, which have caused significant damage and undermined trust in the sector. Movement Labs Co-Founder Weighs In on Smart Contract Risks Scanlon pointed out that flaws in smart contracts have led to billions in losses in 2024 alone. According to data from SolidityScan, in 2024, crypto hacks amounted to $1.4 billion, spanning 149 separate incidents. The Amount lost to Crypto Hacks in 2024. Source: SolidityScan In fact, this year, the crypto community saw one of the largest hacks in history when Bybit was targeted. Hackers drained $1.5 billion, majorly in Ethereum, from the platform. They exploited a single-signing transaction vulnerability, bypassing wallet security to make unauthorized withdrawals. Furthermore, in early March, decentralized exchange (DEX) aggregator 1inch also suffered a critical breach due to a flaw in the Fusion v1 resolver smart contract, further illustrating the vulnerabilities plaguing the sector. Scanlon emphasized that these incidents are not gradual declines but rather catastrophic drains that occur within seconds once vulnerabilities are exploited. The situation becomes more serious when considering the growing integration of blockchain with traditional financial systems. “If financial institutions integrate smart contracts into payment systems and capital markets without addressing the potential for these flaws, we’re amplifying risk across much broader systems,” he told BeInCrypto. The co-founder also highlighted a dangerous misconception about smart contract security – the belief that a successful audit guarantees security. Scanlon says audits only uncover a small portion of potential vulnerabilities and frequently overlook more complex attack vectors. Furthermore, he underlined the daily occurrence of these hacks. The exec noted that three major re-entrancy bugs were discovered in the past two months. He warned that these incidents do not occur in isolation but point to deeper architectural flaws. “If development continues on Ethereum using Solidity code, these threats will unfortunately worsen over the next five years as blockchain adoption increases. Greater integration with traditional finance means higher-value targets, while increasing complexity creates more attack surface,” Scanlon commented. For context, a re-entrancy bug is a vulnerability in smart contracts where an external call made by the contract can call back into the contract before the initial execution is complete. This allows an attacker to repeatedly execute a function, potentially draining funds or manipulating the contract in unintended ways. A famous example is the 2016 DAO hack. The Movement Labs co-founder also mentioned the Kyber attack as an example of how a simple integer overflow could lead to catastrophic consequences. Nonetheless, he acknowledged that no developer or auditor can realistically identify vulnerabilities at such a granular level across thousands of lines of Solidity code. Scanlon claimed that every traditional protocol comes with these inherent risks. “As major banks, payment processors, and exchanges build atop these systems, vulnerabilities that once affected only crypto enthusiasts now threaten the broader financial ecosystem,” he stressed. To address these risks, he believes the solution lies in moving past outdated architectures and adopting more secure, modern designs. He directed attention to Movement Labs’ use of the Move programming language. Scanlon explained that it eliminates common vulnerabilities through its resource-oriented design and formal verification. According to him, Move is specifically designed to prevent entire classes of vulnerabilities. “Move represents a revolutionary improvement over existing smart contract platforms,” Scanlon advocated. Smart Contracts and Financial Systems: The Path to Integration Amid these risks, Scanlon argued that blockchain networks require standardized security protocols. However, he stressed that traditional models cannot be directly applied. He outlined that before integrating decentralized systems, financial institutions must first grasp the unique security challenges posed by blockchain. “Financial institutions looking to integrate decentralized systems must understand that blockchain transactions cannot be reversed. This means that in blockchain, exploits are often irreversible. This fundamental difference requires a complete rethinking of risk management, but it also points to the unique value of decentralized technology,” Scanlon disclosed to BeInCrypto. Scanlon also brought into focus the need to evolve regulatory approaches. He noted that traditional finance and decentralized systems are no longer distinct realms—they are becoming increasingly integrated. Nevertheless, he pointed out that most current regulatory frameworks remain rooted in outdated concerns. They largely focus on traditional issues such as Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance and investor protection. These frameworks, Scanlon warned, overlook the deeper technological risks that could trigger systemic failures within the blockchain space. What the industry needs, he said, is clarity. “Governments should work to establish clear laws around blockchain generally so that innovators and builders have the resources and peace of mind to develop safe, secure chains and applications,” Scanlon remarked. He argued that the focus should be on creating an environment where security innovation can thrive rather than enforcing one-size-fits-all standards. Why Human Psychology Drives Scam Success In addition to addressing vulnerabilities in smart contract infrastructure, Scanlon also discussed the rise in meme coin scams prevalent on social media platforms. Recently, hackers have targeted many celebrities, industry experts, and political leaders, seizing control of their X accounts to promote fraudulent tokens. Scanlon explained that these incidents are increasing due to the asymmetrical rewards involved. With minimal technical effort, scammers can reap substantial profits. “These social engineering attacks are fundamentally different from smart contract vulnerabilities. They exploit human psychology rather than code flaws,” Scanlon shared with BeInCrypto. To combat these threats, Scanlon stressed that social media platforms need more sophisticated detection systems to identify compromised accounts and prevent scam promotion. He also called for enhanced on-chain analytics to spot and flag suspicious token contracts before they gain momentum. He underlined the importance of improving resources for verifying project legitimacy. In addition, he suggested that protocols should incorporate stronger verification measures. Scanlon concluded that the long-term solution lies in improved technology. He emphasized cultivating an ecosystem that prioritizes security at every level, from code design to user experience. Scanlon asserted that the community should come first. Therefore, protecting it from these threats is of utmost importance.
Bitcoin (BTC) has dropped nearly 5% in the last seven days, struggling to regain momentum while trading below $90,000 for almost a week. The technical outlook remains bearish, with BTC’s EMA lines reinforcing downside pressure and key support at $81,500 at risk of breaking. However, the DMI chart suggests that selling momentum is fading, and a potential trend reversal could be on the horizon if buyers step in. If BTC reclaims $84,800, it could signal the start of an uptrend, with a possible push toward $92,910 in the coming sessions. Bitcoin DMI Shows Sellers Are Still In Control, But That Could Change Soon Bitcoin’s Directional Movement Index (DMI) shows that the Average Directional Index (ADX) has slightly decreased from 31 to 28, indicating a weakening trend strength. The ADX measures the overall strength of a trend. Values above 25 are generally considered indicative of a strong trend, while values below 20 suggest a weak or directionless market, as some analysts suggest this cycle is different from others and whether BTC has already peaked this cycle or not. A declining ADX after reaching elevated levels could mean that the current trend—whether bullish or bearish—is losing momentum, opening the possibility of a shift in market direction. BTC DMI. Source: TradingView. Meanwhile, the +DI (positive directional index) has risen from 13.4 to 20.48, while the -DI (negative directional index) has dropped from 31.3 to 24.4. This shift suggests that selling pressure is fading while buying momentum is increasing. Although BTC is still technically in a downtrend, the narrowing gap between the two directional lines and the rising +DI indicate a potential trend reversal. If this trend continues and +DI crosses above -DI, it would confirm a transition into an uptrend, signaling a shift in market sentiment. However, with ADX still above 25, sellers still hold some control, making the next few sessions crucial in determining whether Bitcoin can fully reverse its downtrend. BTC Ichimoku Cloud Shows A Mixed Pattern Bitcoin’s Ichimoku Cloud chart presents a mixed outlook, with the price currently attempting to break above short-term resistance levels. The Tenkan-sen (blue line) and Kijun-sen (red line) are closely following the price action, indicating a battle between buyers and sellers. While BTC has managed to push slightly above the Kijun-sen, the Ichimoku Cloud remains red and positioned above the current price, signaling that the broader trend is still bearish. Until Bitcoin manages to break decisively above the cloud, any upward movement remains fragile, and resistance around $84,000 could be a critical test for bulls. BTC Ichimoku Cloud. Source: TradingView. Looking forward, BTC needs to sustain a move above the lower boundary of the Ichimoku Cloud to establish a potential trend reversal. However, the presence of a thick red cloud ahead suggests that sellers still dominate, making further upside movement challenging. If BTC faces rejection at the cloud, a retracement toward the $81,000 support level is possible. Conversely, a successful break above $84,000 would flip market sentiment more bullish, potentially leading to a rally toward $86,000 and beyond. Will Bitcoin Keep Above $80,000? Bitcoin’s EMA lines remain in a bearish alignment, with short-term moving averages positioned below long-term ones, signaling continued downward pressure. If the current trend persists, Bitcoin price could test the $81,500 support level, a key zone that has been held in recent sessions. A break below this level could trigger additional selling, potentially pushing the price down to $76,635, a level not seen in weeks. The EMA structure suggests that sellers still have control, and without a clear reversal signal, further downside remains a possibility. BTC Price Analysis. Source: TradingView. However, BTC’s DMI chart indicates that a trend shift could be approaching, suggesting that bullish momentum may soon gain traction. If Bitcoin reverses course, the first key resistance to watch is $84,718, which could act as a major barrier before any sustained upward move. A successful breakout above this level could confirm a trend shift, opening the path toward $92,910 if the uptrend strengthens.
WLFI’s token sale raised $550M after strong demand led to an additional offering. The second sale of WLFI tokens saw a 230% price increase, securing $250M in additional funds. WLFI’s investment portfolio suffered $110M in losses due to market volatility. World Liberty Financial (WLFI), a DeFi project backed by President Donald Trump, has successfully completed its second token sale. Originally planned for a single token sale, massive demand and increased interest in the coin led to an additional token sale, bringing the total funds raised to $550 million. WLFI Token Sale Breakdown WLFI’s initial token sale began on October 15, 2024, offering 20% of the token supply at $0.015 per token. While the early phase of the sale was sluggish, the coin’s momentum increased after Justin Sun invested $30M in the coin. He later made another investment of $45 million, bringing his total investment in WLFI to $75 million. The first sale concluded on January 20, 2025, raising $300 million. Due to high demand for the coin, the firm launched a second sale the same day. This sale offered an additional 5 billion WLFI token, accounting for 5% of the supply at $0.05 each, an increase of 230% when compared to the first sale. The second sale ended on March 14, 2025, earning another $250 million, making WLFI one of the top fundraising projects in the crypto space. Market Volatility Hits WLFI Investments Although the WLFI token sale was considered a huge success, the same cannot be said of its investment portfolio. According to sources, the project had invested over $336 million in various cryptocurrencies. But, has lost over $110 million due to the severe volatility in the market. Ethereum, which accounts for the largest proportion in the portfolio, about 65%, faced a massive decline. From its average price of over $3,000 in January to the current average price of around $1,800 in March. Furthermore, other holdings like MOVE and WBTC have also suffered varying price declines, highlighting the unpredictable nature of the crypto market. Related: Trump-Backed WLFI Project Stumbled A Loss Of $110 Million WLFI’s token sale was a massive success, raising $550 million, but the ongoing market volatility has hit its investments hard, with losses exceeding $110 million. The project now faces the challenge of navigating its financial setback while maintaining investor confidence. The post Trump-Backed WLFI Token Sale Nets $550M in Token Sales appeared first on Cryptotale.
In a rapidly evolving world, few innovations have captured the imagination and transformative potential of people like blockchain. For Alessio Vinassa, CEO of BlockTechGroup, this technology is more than just a breakthrough in digital transactions—it represents an opportunity to foster shared success, bridge gaps, and create a more inclusive future. His vision is simple but profound: blockchain should be accessible to everyone, regardless of their background or expertise. The Power of Shared Success in Blockchain Alessio Vinassa has long advocated for an approach he calls “shared success.” In an industry often focused on individual gains, he believes the true strength of blockchain lies in its ability to bring people together. “Blockchain is more than a financial tool—it’s a connector,” he asserts. “When we embrace collaboration, we multiply the potential for innovation.” This philosophy extends beyond words. At BlockTechGroup, the principle of shared success is embedded in the company’s foundation. Working with over 35 projects, Alessio and his team foster an environment where knowledge-sharing and collaboration thrive. By encouraging developers, entrepreneurs, and users to support each other, they create a culture of resilience and sustainable growth. Breaking Down Barriers to Blockchain Adoption One of the greatest challenges facing blockchain today is accessibility. While its potential is immense, the complexity of blockchain technology often deters new users. Alessio envisions a future where onboarding is seamless, and participation is intuitive. “Blockchain has the potential to be as transformative as the internet, but for that to happen, we need to lower the barriers to entry,” he explains. This means building platforms that are easy to use, offering educational resources, and fostering communities that welcome newcomers. Alessio and his team are committed to simplifying blockchain interactions so that anyone—from first-time users to seasoned developers—can engage with and benefit from decentralization. The Future of Blockchain in Everyday Life Looking ahead, Alessio believes blockchain will become a foundational part of how people interact, transact, and share knowledge. While financial applications are at the forefront today, he sees the real impact emerging in decentralized services that empower individuals. From secure data sharing to peer-to-peer solutions, blockchain’s role in daily life is only beginning to take shape. “The future of blockchain isn’t just about technology—it’s about people,” Alessio emphasizes. “It’s about creating systems where users have greater control, where transparency is the norm, and where communities drive progress.” He envisions a world where open-source collaboration fuels meaningful solutions to real-world challenges, making blockchain a truly democratizing force. A Call to Action: Join the Movement For those new to blockchain, Alessio’s advice is straightforward: start with the fundamentals. Understanding key principles like decentralization, transparency, and community-driven innovation provides a strong foundation. More importantly, he encourages individuals to find like-minded communities, ask questions, and actively participate. “Blockchain is still evolving, and there’s a place for everyone,” he says. “Whether you’re a developer, an artist, or simply curious, you have something to contribute. The key is to learn together and grow as a community.” Driving Innovation with Purpose At the heart of Alessio Vinassa’s work is a commitment to making blockchain more than just a technology—it’s about impact, empowerment, and shared growth. “The real motivation comes from the people,” he reflects. “The visionaries, the builders, and those who believe in blockchain’s potential to create a better future. That’s what drives me forward.” As blockchain continues to evolve, leaders like Alessio remind us of its core purpose: to unite, empower, and create opportunities for all. The future of decentralization isn’t just about code—it’s about people coming together to shape a more inclusive digital world. To know more about Alessio Vinassa and his business philosophies, visit his website at alessiovinassa.io. You can also find and follow him on the following social media channels:Instagram – Facebook – X
On 13 March, according to the data, the top 100 cryptocurrency market cap tokens performed as follows. Top 5 Gainers: Stellar (XLM) is up 10.81 percent to $0.2781; Sonic (S) up 8.86 per cent to $0.4772; Maker (MKR) up 6.41 per cent to $1,137.46; Pepe (PEPE) up 6.37 per cent at $0.000006868; Celestia (TIA) up 5.54 per cent at $3.55. Top five losers: Story (IP) down 7.71 per cent to $5.76; Ethena (ENA) down 4.02 per cent to $0.3473; Movement (MOVE) down 3.66 per cent to $0.4541; Hedera (HBAR) down 3.43 per cent to $0.1912; Cardano (ADA) down 3.26 per cent to $0.7047.
Investment manager Rex Shares launched its bitcoin corporate treasury convertible bond exchange-traded fund, BMAX, on Friday. The fund provides exposure to convertible bonds issued by companies actively incorporating bitcoin into their corporate treasury. "BMAX is the first ETF giving retail investors and investment advisors access to convertible bonds issued by companies integrating bitcoin into their financial strategy," Rex Financial CEO Greg King said in a statement . "Until now, these bonds have been difficult for individual investors to reach." Pioneered by Strategy Executive Chairman Michael Saylor, an increasing number of public companies are issuing convertible bonds to finance bitcoin acquisitions for their treasury, with BMAX aiming to simplify access to such bonds via a single, actively managed ETF offering a blend of debt stability and potential equity upside. Various Strategy convertible bonds make up a total of 81.21% of the BMAX fund's weightings. Bitcoin miners MARA and Riot Platforms' bonds account for 14.6% and 4.02%, respectively, with the remaining 0.17% of holdings in "cash and other" assets, according to details shared with The Block. Following the completion of Strategy’s latest $2 billion zero-coupon convertible note offering in February, the company acquired an additional 20,356 BTC for approximately $1.99 billion at an average price of $97,514 per bitcoin, taking its total holdings to 499,096 BTC, worth over $41 billion. The launch of BMAX follows the debut of Bitwise's Bitcoin Standard Corporations ETF (OWNB) on Tuesday, which provides exposure to the stocks of companies holding over 1,000 BTC in their treasury. Strategy is also the top asset in the Bitwise ETF, followed by MARA, CleanSpark and Riot Platforms. The ETF is weighted by the amount of bitcoin owned, with the largest holding capped at 20% for diversification purposes. Rex ramping up crypto-related ETFs Rex has been ramping up its crypto-related ETF activity in recent weeks. In January, the firm teamed up with Osprey Funds, where Greg King is also CEO, to file registration statements for seven separate funds a day after President Donald Trump's inauguration and shortly after he launched an official TRUMP memecoin that garnered billions of dollars of investments. That filing also included an ETF proposal for the TRUMP memecoin, as well as proposals for Ethereum, Bitcoin, Solana, XRP, Dogecoin and Bonk funds. On Monday, Rex and Osprey Funds then filed the first application to list an ETF tracking MOVE , the native token of the Movement network, amid that project's public mainnet beta launch. Updated with details of the BMAX fund's weightings.
Golden Finance reports that Rushi Manche, co-founder of Movement Labs, posted on X saying, "The mainnet subdomain is currently under a DDoS attack, which is being steadily mitigated. It is expected to return to normal soon."
Cardano’s price rebound follows key resistance breakouts and past trading trends. Fibonacci levels highlight zones where Cardano may gain or lose momentum. Analyst Mihir sees the three-day chart as key to predicting Cardano’s long-term trend. Cardano’s price action indicates a potential recovery following previous market declines. Key resistance and support levels define the cryptocurrency’s next possible movement. Key Resistance and Support Levels The market structure indicates an attempt to recover from previous declines. A downtrend resistance line has been broken, signaling a possible trend reversal. If the price remains above $0.6644, further bullish movements could follow . Historical support-to-resistance shifts suggest a pattern of recovery after corrections. According to CryptoElites, a cup-and-handle pattern is forming, signaling potential bullish continuation. Resistance levels at $0.7322, $0.8356, and $0.8970 could influence the next price move. A breakout above these levels might push the price higher. Source: CryptoElites Fibonacci Levels and Market Movement Fibonacci retracement levels highlight key areas where price action has slowed or reversed. The 0.5 retracement level at $0.86 and 0.618 retracement at $1.17 serve as important zones. The 0.786 retracement at $1.82 could act as resistance if the price rises. Fibonacci extension levels suggest potential targets if momentum strengthens. The 1.0 extension level at $3.17 aligns with past resistance. Higher targets include the 1.272 extension at $6.44 and 1.414 extension at $9.32, depending on price action. Market Trends and Analyst Insights Mihir, known as RhythmicAnalyst, points to Cardano’s three-day timeframe as a strong indicator of long-term trends. The price action aligns with historical patterns, reinforcing the importance of key resistance and support levels. Whether buyers sustain momentum will determine the next direction. Source: RhythmicAnalyst Volume remains at 144.96M, showing active market participation. The price, currently at $0.7107, has risen 5.98%, reflecting increased buying pressure. Market watchers note that if this momentum continues, Cardano could retest resistance zones. Market sentiment and trading activity will shape the next moves. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Key Points The MOVE ETF would invest at least 80% of assets in MOVE or related instruments. MOVE was included in the Trump family’s WLFI crypto project this year. According to the latest reports, REX Shares and Osprey Funds, filed an application with the US SEC for a Movement (MOVE) ETF. This comes after the companies filed multiple other applications for new ETFs in January. Movement (MOVE) is a Move-EVM L2 for Ethereum. REX-Osprey Filed for MOVE ETF With US SEC Investment managers REX Shares and Osprey Funds have filed to list an ETF tracking the performance of MOVE – the digital asset of Movement Network. The official SEC notes reveal that the proposed MOVE ETF would invest at least 80% of its assets in MOVE or related instruments, using a blend of direct holdings and derivatives. Official SEC notes This comes after REX-Osprey filed for other ETFs with the US SEC back in January, including BTC, ETH, TRUMP, DOGE, BONK, SOL, and XRP. REX Shares is an innovative provider of ETPs that specializes in alternative-strategy ETFs and ETNs, while Osprey Funds provides secure and accessible options for accredited investors to gain crypto exposure. Following today’s announcement, MOVE price recorded a surge. MOVE Surged by Over 4% MOVE surged from around $0.46 to over $0.50 today, following the ETF-related announcement. At the moment of writing this article, MOVE is trading at $0.48 with a market cap of $1.15 billion. MOVE price in USD today Movement Network is an ecosystem of Modular Move-based blockchains that enables devs to bridge the gap between Move and EVM ecosystems by building secure, performance, and interoperable blockchain apps. WLFI Added MOVE It’s also worth noting that MOVE was added to World Liberty Financial (WLFI), the Trump family crypto project, in January 2025. According to official data from the Arkham Intelligence platform currently, WLFI holds more than 7,5 million MOVE tokens worth about $3,77 million. Recently, we revealed that the Movement project is currently in talks with Musk’s DOGE team as well.
Key Points The next step for VanEck is to apply for an AVAX ETF with the US SEC. AVAX price surged today. VanEck has officially applied for an Avalanche (AVAX) ETF in Delaware, triggering a price surge for the digital asset today. VanEck is a global investment firm with headquarters in New York City. VanEck Applied for an AVAX ETF in Delaware According to the latest reports, VanEck has filed for an AVAX ETF in Delaware, and this means that a potential filing with the US SEC for a spot AVAX ETF is on its way. VanEck AVAX ETF filing VanEck’s filing is dated March 10. VanEck already has a Bitcoin ETF called HODL with CBOE exchange and an Ethereum ETF called ETHV live with the same exchange. The firm’s move comes amidst multiple ETF applications for various digital assets, Recent ones include REX-Osprey which filed for a Movement (MOVE) ETF, and Bitwise which registered an Aptos (APT) ETF entity, also hinting at an upcoming SEC filing. Under the new Trump administration in the US, multiple investment firms have had their ETF applications acknowledged by the US SEC for various digital assets. The price of AVAX surged today. AVAX Price Rebounded Today At the moment of writing this article, AVAX is trading at $17.2, and the digital asset has a market cap of $7.12 billion. AVAX price in USD today Earlier, AVAX was trading at around $15 levels, and the digital asset recorded a price surge of more than 3%, reaching current price levels. In the past week, AVAX recorded intense volatility with its price debuting a surge on March 4 from $19 levels and hitting a top above $22 on March 6, before debuting a descendant trajectory until today’s reversal upwards. On March 8, the team at Avalanche announced that L1 validators on AVAX continue to grow, surpassing 1,400 following the Avalanche9000 upgrades. Avalanche is an L1 blockchain that functions as a platform for dApps and customer blockchain networks.
There has been a significant surge in the total amount of tokens transferred for all stablecoins, indicating potential accumulation activity. Historically, such spikes do not occur during a price decline but rather after the market has entered a consolidation phase. Stablecoin Activity Signals Accumulation According to CryptoQuant’s analysis , the latest pattern suggests that large investors may be absorbing market shocks through over-the-counter transactions. Additionally, an increase in active addresses alongside this movement indicated increased network activity. As fear sentiment reaches extreme levels, spot accumulation is taking place, which could mean the market is preparing for a potential recovery. Once this accumulation phase concludes, price movements in the futures market are expected to follow. Given the currently subdued sentiment, CryptoQuant stated that any price increase in the futures market is unlikely to overheat easily. Instead, a short squeeze could trigger a sharp upward reversal, and end up potentially accelerating price recovery. This accumulation trend aligns with the broader cryptocurrency market, which is showing minor signs of recovery despite recent volatility. As per CoinMarketCap’s data, the total market capitalization has risen to $2.67 trillion. Leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Solana (SOL), and Cardano (ADA), posted moderate gains on Tuesday. However, overall trading activity has slowed, with total trading volume dropping by over 27% to $118.71 billion. Growing Institutional Integration On the institutional side of things, Bitcoin and Ethereum ETFs remained highly volatile over the past week, with significant net outflows which was indicative of investor wariness. In fact, as of March 11th, spot Bitcoin ETFs and spot Ethereum ETFs saw $371 million and $21.57 million respectively in daily outflows. Meanwhile, regulatory changes – such as the White House’s crypto-friendly approach and the Office of the Comptroller of the Currency’s (OCC) approval that US banks can now participate in certain cryptocurrency activities, including serving as validators on Proof-of-Stake networks like Ethereum – point to “growing institutional integration.”
Delivery scenarios