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The crypto market is continuously evolving with every new project, each of which comes with their own unique use cases. For Elluminex (ELX), the cross-bridge DeFi hub aims to solve existing challenges within the DeFi ecosystem, mostly inherent in liquidity fragmentation. However, Elluminex particularly focuses on the Ton blockchain network, a fast-rising contender which many view as a future powerhouse to rival Bitcoin, Ethereum and Solana. While it aims to fast track mainstream adoption for TON blockchain, Elluminex is set to optimize TON chain DeFi capabilities. To put it into a clearer context, Elluminex will act in the same capacity that Uniswap and PancakeSwap did for Ethereum and Binance at their fundamental stage. As such, it will facilitate the rapid onboarding of isolated DeFi protocols on the TON blockchain, allowing them to access an abundance of liquidity via its cross-bridge solution.  Meanwhile, this proprietary role on the TON blockchain further makes Ellumin...

The Fartcoin price surged 18% in the last 24 hours to trade at $1.21 as of 2.30 a.m. EST on trading volume that went up 34% to $142.57 million. Fartcoin’s price started to soar earlier this week, after dropping to $0.6882 on January 13. The popular meme coin then surged to $1.2 on the very next day as Bitcoin started recovering, and investors and traders started doubling down on their favorite coins and tokens. While FARTCOIN was initially rejected from the resistance at $1.2, and its price dropped to $1, it managed to bounce back immediately, which started yesterday’s surge that took the coin beyond the resistance to $1.3411. DO IT FARTCOIN pic.twitter.com/0eH0ipQCXE — Guy (@Credible_Chr1s) January 15, 2025 While the coin failed to reach its ATH of $1.6 which it previously hit on January 3 of this year, it made a significant advance and it came quite close to it. Fartcoin Price Prediction As the Fartcoin’s price surged yesterday, the popular meme coin...

Considering that the Securities and Exchange Commission (SEC) Chair Gary Gensler – the man many perceive as waging war on crypto – is set to resign on January 20, there was some uncertainty about whether the watchdog would file its appeal to the summary judgment in the Ripple case by the deadline. On January 20, Gensler’s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan 15) – and they refused. What a waste of time and taxpayer dollars! Nevertheless, we are confident… — Stuart Alderoty (@s_alderoty) January 14, 2025 Despite the many rumors the regulator would abandon the case under the imminent Trump administration, the SEC nonetheless filed its claim that the district court erred with its previous decision. Specifically, the Commission argues in its opening statement that the district court made a series of mistakes when it absolved Ripple Lab...

The Ethereum (ETH) layer-2 protocol developed by consumer electronics and entertainment giant Sony Group is now live. Sony Group says the Soneium Mainnet, which is developed by Sony Block Solutions Labs and powered by Optimism Foundation’s Superchain technology, is now operational. The Japanese conglomerate announced the development of Soneium in August of 2024. The consumer electronics and entertainment giant says Soneium’s goal is to “provide use cases that creators and fans can benefit from” through the open and global blockchain technology. “In this early phase, we aim to maximize creators’ creativity, benefits, and fan engagement onchain. By protecting content rights and creating fair profit-sharing mechanisms, we empower them to thrive across both digital and real worlds. Web3 is already revolutionizing finance for the next internet, empowering hundreds of millions of people with a transformative digital experience. Now, together wi...

While the entire market recorded an uptick over the past day, Shiba Inu (SHIB) was slowing it down. The second-largest meme coin was lagging while its counterparts were surging. Dogecoin (DOGE) was part of the latter as it managed to rise. Meanwhile, several were drawing parallels and assessing the correlation between the two meme coins. Will SHIB witness a spike if DOGE registers a massive uptick? Also Read: AI Sets Dogecoin (DOGE) Price For January 20, 2025 Shiba Inu & Dogecoin: Are They Related? Source: Watcher Guru Meme coins that entered the market after Dogecoin were all inspired by it. DOGE holds the tag of being the OG meme cryptocurrency. Apart from this, the correlation between the two was notably high. Over the last 60 days, Shiba Inu has had a 0.88 correlation with Dogecoin. In contrast to Dogecoin, the asset has had a weak association with other popular assets like Bitcoin and Ethereum. Source: IntoTheBlock Also Read: FOMC Meeting Could Trigger Bitcoin’s Price Surge by...

Ethereum (ETH) has been trading within a broad consolidation range of $2,800 to $4,000 for nearly 10 months, signaling a phase of market indecision.  Notably, an Analysis by CredibleCrypto suggests this range could be an ideal entry point for investors, as Ethereum gears up for a potential breakout. Ethereum’s consolidation phase Currently trading near $3,189, Ethereum is positioned just above the lower boundary of its 10-month consolidation range. After briefly climbing to a local high of $3,716, Ethereum has undergone a correction, which analysts see as part of a broader accumulation process.  Picks for you SEC chair gets slammed for failed Bitcoin policies 48 mins ago XRP would trade at this price if it hits its all-time high ...

Soneium, the Ethereum Layer-2 blockchain developed by Sony (NYSE: SONY), has finally launched its mainnet, revealing a controversial decision. The blockchain is reportedly censoring and “actively blacklisting” specific tokens such as memecoins and other alleged intellectual property (IP) violations. Since its first announcement in August 2024, Soneium is one of the most expected developments in the Ethereum ecosystem. This is because the Layer-2 blockchain belongs to Sony, a 78-year-old Japanese technology giant, with a strong market share worldwide. Until now, Sony’s blockchain had being running in a testnet, without any noticeable restrictions, thriving backed by a reputable brand. However, the mainnet launch, announced on January 13’s night (EST), officially introduced Soneium to the world under significant controversy. Picks for you St...

Tether, the world’s largest stablecoin, has announced that it “and its subsidiaries are about to complete all formalities to relocate to El Salvador.” This comes after Tether acquired a Digital Asset Service Provider (DASP) license in El Salvador.  It also follows an announcement from Bitfinex Derivatives that it had also received a DASP license in the country.  Bitfinex Derivatives has been awarded a Digital Asset Service Provider licence in El Salvador – a monumental step in our global expansion. The new licence supports El Salvador as a key digital asset financial centre. Discover more:https://t.co/vPGO01clhp pic.twitter.com/79hdbBHONX — Bitfinex (@bitfinex) January 7, 2025 The full list of Bitfinex and Tether entities that seem to have received DASP licenses is: Bitfinex Derivatives El Salvador, S.A. de C.V. TGNA El Salvador S.A. de C.V. TG Commodities El Salvador, S.A. de C.V. Tether NA El Salvador, S.A. ...

The Shiba Inu price dropped 5% in the last 24 hours to trade at $0.00002085 as of 02:53 a.m. EST on trading volume that rose 1% to $393 million. The pullback in the SHIB price comes as the canine-themed meme coin records one of the largest whale inflows of approroximately $957 million over the past 7 days, according to data from IntoTheBlock .  Shiba Inu Price Showing Bearish Signs The SHIB price daily chart reveals a pronounced rounding top pattern, a bearish reversal formation, which has already played out with the price breaking below the neckline. This pattern signals there might be a continuation of the meme coin’s downtrend.  The Shiba Inu price is currently trading around $0.00002085, a level below both the 50-day Simple Moving Average (SMA) at $0.00002499 and the 200-day SMA at $0.00001896, GeckoTerminal data shows. SHIB’s overall trend appears bearish, especially after the failure of the recent bullish momentum in November 2024, which has led to a s...

As the cryptocurrency market experiences a slight dip in the last few days, many investors are seeking opportunities to capitalize on the downturn. Meme coins, known for their volatility and potential for rapid gains, are a particularly attractive investment option for those looking to make a profit in the upcoming year. The following are the top five meme coins to buy in 2025, based on their presale success, community demand, and overall potential for growth. Wall Street Pepe (WEPE) Wall Street Pepe leads the charge as one of the most promising meme coins for 2025. Having raised an astounding $46.5 million in its presale within just four to five weeks, the project’s demand is unprecedented. Few meme coins generate such significant early interest, making Wall Street Pepe a standout option for investors seeking substantial returns. What sets Wall Street Pepe apart is its ambitious vision of creating an alpha trading group reminiscent of the famed Wall Street Bets community. ...

Kaito Genesis, a non-fungible token collection from the AI-powered search engine Kaito AI, has reached an all-time high, marking a significant milestone in its market performance. This surge reflects growing interest in these NFTs, highlighting their increasing traction, popularity, and value among collectors and investors. In the past seven days, the Kaito Genesis NFT has seen its floor price value rise to an all-time high of 7.65 ETH. In this article, we shall explore some factors fueling its recent growth. Kaito Genesis NFTs Hit New All-time High Data compiled by CoinGecko.com, a renowned on-chain crypto market data aggregator and a non-fungible token explorer, indicates that the Kaito Genesis NFT collection has significantly increased in floor price value and trading volume. In the past 24 hours, the Kaito Genesis NFTs have seen their floor price rise to a record high of 7.65 ETH. The Kaito Genesis hit its new all-time high on January 10, 2025, after its floor price climbed from ...