Author: John Smith

Andre Cronje’s Sonic token is in freefall, having erased almost $1.3 billion in market capitalization since its relaunch in January. Sonic (S) price crashed to $0.3775 on Sunday, down by over 61% from its highest point this year. This crash has brought its market capitalization to $1.9 billion, down from $3.15 billion in January. Sonic token has plunged as its ecosystem continues slowing down. Data shows that the stablecoin market cap has plunged to $446 million, down from $597 million earlier this year. A falling stablecoin supply in a chain signals that activity in the network is fading.  Further data…

Argentina’s federal anti-corruption authority has cleared President Javier Milei of any wrongdoing for his February support of the cryptocurrency token Libra. The office mentioned that his social media endorsement was made in a personal capacity without using federal resources. The anti-corruption office, operating under a government ministry, concluded that Milei’s X post promoting the token did not violate federal ethics laws governing public officials. However, a separate federal criminal court investigation into the matter remains ongoing. What was the origin of the LIBRA controversy? As part of a project named “Viva La Libertad” (Long Live Freedom), Delaware-registered corporation Kelsier Ventures…

GameStop stock price will be in the spotlight this week as the company publishes its first earnings since it started buying Bitcoin. GameStop stock ended the week at $29.58, down 16% from its highest point this year. Its market capitalization is over $13 billion.  Wall Street analysts expect the company’s core business results to show sustained weakness as more customers pivot towards online games. Data compiled by Yahoo Finance show that revenue will be $754 million, down by 14.47% from the same period last year.  Analysts also expect its guidance for the second quarter to be $748 million, down 6.28%…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts eye June rebound for altcoins; Ripple to $3.26, Cardano to $2, Unilabs gains on AI investing demand. Analysts expect a strong rebound this June across select altcoins, with Ripple, Cardano, and Unilabs topping the watchlist. The Ripple price prediction by analyst 589CTO has sparked optimism among investors. The analyst forecasts the Ripple price could surge to $3.26.  Crispy believes the Cardano price could reach $2. Meanwhile, Unilabs could soar to new highs amid growing demand from investors and…

Despite Maple Finance’s impressive growth—nearing $1 billion in active loans and expanding its footprint to Solana—the platform’s native token, SYRUP, is showing signs of fatigue. After a staggering 355% rally from its April lows, the token has stalled, with on-chain data pointing to slowing user adoption and diminished whale interest. While the protocol’s fundamentals appear strong, technical indicators such as a bearish double-top pattern and weakening network activity suggest that SYRUP’s recent momentum may wane. At last check Sunday, Maple (SYRUP) price was trading at $0.40 — a few points below this month’s high of $0.4637. On-chain data shows that…

Tether, the world’s largest stablecoin issuer, is making quiet but significant inroads into Latin American retail markets, with Bolivian merchants now pricing goods directly in USDT. This grassroots adoption underscores the growing role of crypto in everyday commerce. Meanwhile, analysts are eyeing Tether’s booming financials—$13 billion in 2024 profits and a projected $515 billion valuation if it went public. Despite speculation from industry figures like Anthony Pompliano, Tether CEO Paolo Ardoino dismissed the need for an initial public offering, signaling confidence in the company’s private structure and expanding influence. He described it as a “quietly revolutionary shift” that shows how…

Bitcoin price has stalled at $105,000 amid increasing spot ETF outflows and as sentiment among investors turned to neutral.  Bitcoin (BTC) was trading at $105,550 on Sunday, June 8, up by 5% from its lowest point last week. It remains 5.75% below its highest point this year. Bitcoin has wavered recently because of investor profit-taking. In May, its price surged to a record high of $111,900, a 50% surge from the lowest level in April. BTC also wavered as data pointed to outflows from exchange-traded funds. SoSoValue data shows that these ETFs shed $128 million last week after shedding $157…

Despite a steep drop in the price of its native token, PancakeSwap is quietly dominating the decentralized exchange (DEX) landscape. The Binance-backed platform has leapfrogged rivals like Uniswap (UNI) and Raydium (RAY), processing over $116 billion in monthly volume and racking up millions in fees and revenue. But even as the DEX sees explosive growth in usage, CAKE — its governance and utility token — has slipped from a late-May high of $2.95 to around $2.30, raising questions about whether market sentiment is out of sync with protocol fundamentals. This retreat brought its market valuation to about $745 million.  Still,…

The ever-changing field of cybersecurity requires cutting-edge solutions and knowledgeable personnel to keep one step ahead. By 2024, several companies have established themselves through pioneering technologies, firm security profiles, and proactive stances on safeguarding digital resources. Here is a look at the top cybersecurity companies in 2024 shaping this space. What is Cybersecurity? Cybersecurity is the practice of protecting systems, networks, and data from digital attacks. It encompasses tools, procedures, and regulations to save data from outer attacks while maintaining the processing capabilities of the machine. Cybersecurity aims to reduce the risks derived from malicious agents and security holes in…

What are the indicators for Trading? A set of tools called indicators is used on a trading chart to assist make the market more understandable.An asset may be overbought or oversold in a range and due for a reversal, for example, according to an indicator, which can also provide specific market information.For example, they can confirm if the market is trending or range. Traders will be looking for two swings:- Swing highs:(Bullish Swings) – When a market reaches a peak before backtracking, a short trade is possible.  Swing lows🙁Bearish Swings) – When a market reaches a bottom and then recovers,…