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Showing posts with the label crypto

DeFi shake-up: Lido cuts staff, Curve rethinks L2s

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Two of the decentralized finance (DeFi) sector’s best known platforms, liquid staking protocol Lido and decentralized exchange Curve Finance, are considering slimming down. Despite a recent resurgence in DeFi markets, Lido co-founder Vasiliy Shapovalov announced a 15% cut of contributors, and a fresh Curve governance proposal suggests cutting development on Layer Two (L2) networks. As part of efforts to ensure long-term sustainability, Lido Labs, Lido Ecosystem, and Lido Alliance have made the hard decision to reduce the size of their contributor teams, impacting around 15% of the workforce. This decision was about costs — not performance. It affects… — Vasiliy Shapovalov (@_vshapovalov) August 1, 2025 Read more: DeFi is paying big to accumulate USDC A drop in the ocean  Lido is the second largest DeFi protocol by total value locked (TVL) at $32 billion according to DeFiLlama, the sector’s leading data dashboard. While it’s active on other chains, ...

Top Crypto to Buy Now as Ripple Eyes Circle Acquisition

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Right now, the top crypto to buy options have pretty much narrowed down to XRP and XLM, especially as Ripple Labs is reportedly considering an acquisition of Circle, which is, of course, the company behind the USDC stablecoin. This potential deal has, at the time of writing, sparked quite a bit of interest in cryptocurrency markets, and this is also happening alongside growing dedollarisation trends in various regions. Also Read: Ripple: Can XRP Reclaim $3 If Bitcoin Hits $110,000? How XRP and Stellar Lead the Payments Revolution Against Traditional Banking Systems Source: RomanAcademy XRP and Stellar have emerged as perhaps the top crypto to buy for investors who are primarily focused on payment solutions and alternatives. These cryptocurrencies actually offer much faster settlement times and also significantly lower fees when compared to traditional banking systems, which can be quite slow and expensive. 1. XRP’s Price Action Following Acquisition Rumors Source: TradingView XRP ...

Stripe Stablecoin Payments Go Global In 101 Countries

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Stripe stablecoin payments are now live across 101 countries, giving businesses a new way to move money globally without traditional banking headaches. The payments giant is tackling crypto’s worst problems head-on—high costs, slow transfers and security worries—while making stablecoin adoption easier than ever. This comes after Stripe, the payments service provider acquired Bridge for $1.1 billion; the stablecoin payments platform, which some companies such as SpaceX used. Also Read: Powell: Tariffs Will Generate Higher Inflation and Rising Unemployment How Stripe’s Stablecoin Move Solves Crypto’s Biggest Pain Points Source: Stripe.com Cutting Costs and Wait Times Businesses have long complained about crypto transaction fees that sometimes exceed the actual payment amounts. Stripe’s system slashes these costs dramatically while speeding up international transfers that normally take 3-5 business days down to minutes. Their stablecoin accounts currently support US...

Trump’s ‘Shady’ Crypto Moves Spur Walkout Threat Ahead of TRUMP Token Gala

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President Donald Trump is facing mounting criticism over his “shady” crypto ventures, with House Democrats planning a walkout from a key crypto hearing as backlash builds ahead of his TRUMP token gala. Lawmakers argue Trump’s various ventures — including the TRUMP token, World Liberty Financial, and the USD1 stablecoin — pose potential conflicts of interest given his power to shape crypto regulation. Senator Elizabeth Warren has led the charge, accusing Trump of using the presidency to advance his family’s crypto empire. “The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with the United Arab Emirates — a foreign government that will give them a crazy amount of money,” Warren said. “The Senate shouldn’t pass a crypto bill this week to facilitate this kind of corruption.” The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with ...

Solana loses a third of its market cap — is memecoin season officially over?

Solana loses a third of its market cap — is memecoin season officially over? According to some of the biggest names in crypto, the peak of memecoin mania has passed. With the sitting president of a G20 country facing initial impeachment proceedings for promoting a memecoin, every Trump family memecoin negative since listing on a major US exchange, and memecoin platforms targeted for money-laundering of billion-dollar hacks, it might seem as though the bubble has popped. Even Solana, the host blockchain for most memecoins, has shed one-third of its market capitalization over the last month. People, it appears, are sick of losing money in memecoins. TRUMP has declined over $11 billion since its peak, MELANIA is down 90%, and investors lost untold millions in Argentina’s LIBRA, Central African Republic’s CAR, and countless offerings by celebrities and brands. These projects include those launched by Dave Portnoy, Changpeng Zhao, Enron, Vine, John McAfee, Donald T...

Solaxy Layer 2 ICO Raises Nearly $19 Million – Next Big SOL Meme Coin?

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The Solana ecosystem faces turbulence as the market drops another 1% today. Trading volume has increased, but fear remains high in the Fear and Greed Index. February has been a tough month for crypto, starting with the trade war situation and leading to a steady decline across the industry. Solana (SOL) has taken a massive hit, plunging nearly 177% and falling below $200 after previously aiming for $300. This sharp decline has sparked questions—Is Solana finished? Are Solana meme coins done? Over the past week, Solana has lost 16%, but on a monthly scale, it shows signs of recovery, being only 3% down in the last 30 days. After recently approaching $300, Solana continues to prove its strength, creating a potential buying opportunity for those looking to enter at lower prices. As a major player in crypto, it remains one of the most traded assets. The meme coin sector on Solana has also struggled, with top projects facing heavy losses. TRUMP has dropped 30%, BONK has fallen 23%,...

Meme Index Presale Raises Over $3M as Investors Eye High Staking Rewards

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The $MEMEX presale has raised $3.4 million, showing strong investor confidence. Is it the best crypto presale to buy now for 10x gains? Meme Index spreads investment across different meme coins instead of focusing on just one. This helps investors handle market ups and take advantage of the sector’s future growth. Some meme coins stay strong even when the market struggles, giving traders chances to profit. Since meme coins could surpass their $137 billion market cap peak, Meme Index serves as a smart option for both short-term security and long-term gains. Meme Index presale reaches over $3M, offering big opportunities for early investors Meme Index launched at the perfect time, with its presale reaching $3.4 million. This funding will support strong marketing efforts and potential listings on major exchanges like Binance, Coinbase, and MEXC. $MEMEX tokens are priced at just $0.0159077 each. Traders can buy $MEMEX directly from the Meme Index presale website. Getting started...

Floki Price Prediction: FLOKI Plummets 5% As Investors Shift To This AI Pepe That’s Raised $5.2 Million In Presale

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The Floki price plummeted 25% in the last week and 5% in the last 24 hours to trade at $0.00009442 as of 00:12 a.m. EST on trading volume that dropped 41% to $166 million. Floki Price On A Sustained Bearish Trend The FLOKI price Analysis on the 4-hour chart exhibits a clear downtrend within a falling wedge pattern, indicated by two converging trend lines.  The Floki price has been making lower highs and lower lows, which suggests strong bearish momentum in recent weeks. Currently, FLOKI is attempting to break out of this descending wedge, hovering around $0.00009422. However, the price of Floki remains below key moving averages, which suggests that bearish pressure is still dominant, according to GeckoTerminal data The 50-day Simple Moving Average (SMA) (white line) is acting as a dynamic resistance, while the 200-day SMA is positioned even higher at $0.00014871, confirming that the long-term trend remains bearish. If bulls can push the price above the 50-day SMA, it could ...

Top 5 Meme Coins That Investors Are Buying as the Market Dips – $TRUMP, $WEPE, $MELANA, $MIND, and $SOLX

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The meme coin market has recently experienced a sharp downturn, prompting investors to seek opportunities in presales as major meme coins suffer substantial losses. Over the past week, leading tokens have dropped between 15% and 45%, amplifying market volatility and triggering emotional reactions. However, selling at a loss out of fear is a common pitfall among retail investors. Institutional players often take advantage of these moments of uncertainty, shaking out weaker hands before the next market upswing. Long-term success in crypto requires resilience and conviction rather than reactive decision-making. Despite prevailing bearish sentiment, strategic investors continue accumulating assets instead of panic selling. With the next market cycle in mind, five meme coins are seeing steady accumulation, reinforcing confidence in their long-term potential despite short-term corrections. OFFICIAL TRUMP (TRUMP) Official Trump (TRUMP) remains a key focus for accumulation, with strong co...

Is It Too Late To Buy FARTCOIN? Fartcoin Price Soars 18% And This Might Be The Next Crypto To Explode

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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...

Ripple v. SEC case update: January 16, 2025

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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...