Browsing: Crypto Currency

Brakes Slam on Solana’s 7 Day 20% Growth Phase, Experts Predict Coldware to Overtake SOL By 2028

As Solana (SOL) makes its mark with a 20% growth phase over the past week, some experts are signaling a potential halt in its bullish momentum. After reaching highs of $136, Solana’s recent performance has shown resilience, yet traders and analysts are beginning to worry about the network’s sustainability. Despite these concerns, Coldware (COLD) is gaining traction and experts predict that Coldware…

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Crypto Market Stuck in a Loop as Memecoins, AI Tokens Dominate Q1 2025

The cryptocurrency market is still clinging to familiar themes, with few new narratives emerging to challenge the dominance of memecoins and artificial intelligence tokens seen in the first quarter of 2025. According to CoinGecko’s Q1 2025 report, AI tokens and memecoins captured 62.8% of investor interest combined. AI tokens led the pack, drawing 35.7% of […] The post Crypto Market Stuck in a Loop as Memecoins, AI Tokens Dominate Q1 2025 appeared first on DeFi Planet.

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Russia Eyes National Stablecoin Amid US Sanctions and Tether Freeze

In response to recent sanctions and wallet freezes linked to the crypto exchange Garantex, Russian finance officials are considering the development of a national stablecoin to safeguard the country’s financial infrastructure from foreign interference. According to reports on by Reuters and Russian state news outlet TASS, Osman Kabaloev, deputy director of the financial policy department […] The post Russia Eyes National Stablecoin Amid US Sanctions and Tether Freeze appeared first on DeFi Planet.

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Raydium Fires Back at Pump.fun With Launch of Memecoin Protocol, LaunchLab

In a bold countermove against former partner Pump.fun, Raydium—the Solana-based decentralized exchange—has introduced a new memecoin launchpad, LaunchLab, to reclaim dominance in the Solana meme token space. Launched on April 16, LaunchLab arrives just a month after Pump.fun cut ties with Raydium, migrating its token liquidity from Raydium’s pools to its own decentralized exchange, PumpSwap. […] The post Raydium Fires Back at Pump.fun With Launch of Memecoin Protocol, LaunchLab appeared first on DeFi Planet.

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Bitwise Launches Four Crypto ETFs on the London Stock Exchange

Bitwise Asset Management has expanded its reach into the European market by launching four new cryptocurrency Exchange Traded Funds (ETFs) on the London Stock Exchange (LSE). This move provides increased accessibility for European investors seeking exposure to the digital asset market through regulated investment vehicles. These new ETs include the Bitwise Bitcoin ETF (BBTC), which […] The post Bitwise Launches Four Crypto ETFs on the London Stock Exchange appeared first on DeFi Planet.

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Bitget Burns 130 Million BGB Tokens, Reducing Total Supply by 2.5%

Bitget has executed a substantial token burn, permanently removing 130 million Bitget Tokens (BGB) from circulation. The burn, equivalent to 2.5% of the total BGB supply, aims to enhance the token’s scarcity and long-term value for holders. The event occurred on April 16, 2025, and was publicly verified via blockchain transaction records. BGB is the […] The post Bitget Burns 130 Million BGB Tokens, Reducing Total Supply by 2.5% appeared first on DeFi Planet.

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Ethereum Transaction Fees Plunge to 5-Year Low Amid Network Lull

Ethereum users are now enjoying the lowest transaction fees seen on the network in five years as on-chain activity slows significantly ahead of the anticipated Pectra upgrade. Brian Quinlivan, the firm’s marketing director, noted in a blog post that the decline in activity is due to reduced demand, with fewer users engaging in smart contracts […] The post Ethereum Transaction Fees Plunge to 5-Year Low Amid Network Lull appeared first on DeFi Planet.

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