Category: crypto

Dogecoin price struggles to hold ground below key support levels, showing weak short-term momentum. Despite recent dips below $0.25, positive market sentiment and upcoming network upgrades may stabilize the price. Institutional interest and ETF filings could also support a potential rebound. Dogecoin’s long-term trend remains intact, with resistance at $0.29.

Crypto scammers hacked PancakeSwap’s official Chinese X account to promote a scam meme coin called “Sir Pancake.” The scammers sold the token, but community members continued trading it. PancakeSwap confirmed the breach and warned users not to click on any links. The scam token experienced high trading volumes before losing value.

YZi Labs, previously Binance Labs, has introduced a $1 billion Builder Fund to support innovation in the BNB ecosystem. The fund will assist projects in DeFi, AI, RWA, biotech, and Web3 infrastructure. This initiative aims to strengthen the BNB ecosystem, which has seen record activity levels and price increases.

Three international schools in Indonesia received bomb threats from an unknown sender demanding $30,000 in Bitcoin. Authorities found no explosives and the provided Bitcoin address was invalid. The sender warned against involving the police. Investigations are ongoing to identify the suspect. No other threats have been reported at other schools.

Bitcoin ETFs continue to see inflows despite a recent dip in the price of Bitcoin. This marks the seventh consecutive day of gains for the funds, attracting a total of $876.5 million on October 7. Despite the price drop, BTC remains bullish with support at $120,000 and indicators suggesting a healthy correction.

Four.Meme, a BNB Chain memecoin launchpad, surpassed Pump.fun in daily revenue with $1.4 million. Top memecoin “4”, inspired by CZ, is up 326% weekly. Total market cap of memecoins on Four.Meme exceeded $1 billion. BNB memecoins are gaining momentum as the meme market narrative shifts towards Binance-based tokens.

Global Settlement Network and Uganda’s Diacente Group are collaborating to launch a $5.5 billion tokenized economy in Africa. This initiative will digitize real-world infrastructure assets and introduce Uganda’s first Central Bank Digital Currency to drive economic growth, create jobs, and boost exports in alignment with national and regional development goals.

Solana has generated $2.85 billion in revenue over the past year, outpacing Ethereum’s early growth significantly. Trading tools drove $1.12 billion of revenue, with a record $616 million in monthly revenue in January 2025. Solana now averages 1.2-1.5 million daily active addresses, far exceeding Ethereum’s numbers at a similar stage.

Swedish MP Rickard Nordin has proposed tax exemption on Bitcoin transactions to encourage everyday use and suggested adding Bitcoin to Sweden’s foreign exchange reserves. He believes Bitcoin can act as a hedge against inflation and wants the government to invest seized cryptocurrency into reserves. Nordin has also proposed establishing a national Bitcoin reserve in Sweden.

Litecoin price is facing strong resistance at $135–$140, with a potential rejection leading to a drop as low as $50. The price is in a medium-term uptrend but could form a bearish double-top pattern. Bullish factors, such as the proposed spot Litecoin ETF, could support further upside if sentiment aligns.