Category: crypto
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Infinite Possibilities announces upcoming launch of Proof-of-Activity DEX and IP Membership program
Infinite Possibilities is launching iPDex, a DEX aggregator, and an IP Membership NFT program for early access to ecosystem features. iPDex focuses on on-chain activity, not inflationary incentives, across multiple blockchains. The IP Membership program offers early access to platform features based on participation levels. The project aims to reduce reliance on user-supplied liquidity.
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What’s surging Friday? Bitcoin, Litecoin lead the crypto
Bitcoin and Litecoin led a market recovery on Friday, with Bitcoin bouncing nearly 8% to reach $70,000. This surge supported altcoins like Litecoin and Shiba Inu, with traders rotating into these assets as Bitcoin stabilized. The positive sentiment is driving interest in altcoins, but caution remains due to potential volatility.
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Why is crypto down? 6 key factors from Bitwise’s Matt Hougan
Bitcoin has recently dropped significantly, falling 14% in a day and 25% over a week, with a potential for a prolonged bear market. Bitwise’s Matt Hougan attributes this to factors such as adjusting to the four-year cycle, competition from other markets, a leveraged liquidation event, and concerns over quantum computing and Federal Reserve leadership. Despite…
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NFT Sales Fall to $58M as Crypto Market Weakness Continues
The NFT market saw a decline in sales volume to $58.34 million, down 20% from the previous week. Ethereum led with $34.9 million in sales, while Bitcoin NFT volume fell. CryptoPunks rebounded, dominating high-value NFT sales. Overall crypto market cap decreased, impacting the NFT sector.
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US Senator Lummis Says Banks Should Adopt Digital Assets, Not Resist Them
Senator Cynthia Lummis urges banks to embrace digital assets like cryptocurrencies and stablecoins, highlighting the new products and revenue opportunities they offer. She emphasizes the benefits of blockchain-based payments for consumers, such as faster and cheaper transactions, and stresses the importance of strong safeguards for the integration of digital assets into the financial system.
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Bitcoin’s drop below $63k sparks BlackRock’s IBIT’s biggest trading day on record
BlackRock’s iShares Bitcoin Trust ETF hit a new daily trading volume record of nearly $10 billion as Bitcoin saw a 15% intraday drop on Thursday. The ETF has struggled with outflows and falling prices, with analysts warning of potential further declines to as low as $10,000 due to global market stress.
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Metaplanet doubles down on Bitcoin buying amidst market crash
Despite a significant market selloff causing a 63% drop in shares over the past 6 months, Japan’s Metaplanet plans to continue buying Bitcoin. The company acquired $451 million worth of Bitcoin in Q4 2025, holding a total of 35,102 BTC. CEO Simon Gerovich reaffirmed their commitment to accumulating Bitcoin despite market challenges.
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Tether deepens tokenized gold strategy with $150m Gold.com deal
Tether invested $150 million in Gold.com, acquiring a 12% stake to expand access to tokenized and physical gold. The investment aims to strengthen Tether’s XAU₮ gold-backed digital asset and deepen the partnership between the two companies. Gold.com will invest $20 million in XAU₮ and explore integrating stablecoins into its platform.
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Peter Brandt says Bitcoin a ‘hop, skip and jump’ from $42k
Veteran trader Peter Brandt believes Bitcoin may be close to hitting a downside floor, with losses potentially limited near the $42,000 level based on past bear market patterns. Brandt references a historical “banana peel” support zone on his chart as a key area of potential support. Despite ongoing selling pressure in the crypto market, Brandt…
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CZ lists a number of non-dollar stablecoins as Binance backs national currencies
Binance is collaborating with various countries to launch stablecoins pegged to local currencies, aiming to expand beyond US dollar-pegged tokens. This move could reshape the stablecoin market, with banks, fintechs, and exchanges joining in these projects. CZ believes each fiat currency should be represented on the blockchain for a multi-fiat stablecoin landscape.