The crypto market registered a notable uptick on Monday, getting off to a strong start to the new week. Price action remained subdued last weekend as Bitcoin (BTC) and other cryptocurrencies traded sideways.
The crypto market has shown consistent growth over the past few days, helping altcoins alongside Bitcoin to recover. However, relying solely on broader market cues or momentum will not sustain price growth.
AI crypto tokens are facing renewed pressure after Nvidia warned of a massive financial hit due to new U.S. export restrictions on chip sales to China.
The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.
TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
Despite a series of major initiatives in the first quarter of this year, Injective has seen its price continue to trend downward, now sitting in the deep oversold zone.
Neo (NEO) has experienced a price dump of -35% in one week, dropping from 8 to 5 dollars. The Foundation has stated that it is not involved but rather intends to investigate the significant volatility of the crypto. The crypto Neo (NEO) has experienced a price dump of over -35% in the last seven days, dropping from 8 to 5 dollars. At the time of writing, NEO is worth $4.65.
NEO Foundation denies involvement as prices dip by 35% amidst massive selling activities.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Following a 35% decline in NEO's price, the Neo Foundation denied conducting token sales and launched a probe into large NEO transfers to Binance, clarifying its position amid community concerns. The post Neo Foundation Denies Token Sales, Probes Binance Transfers After 35% Drop appeared first on Cryptonews.
The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.
TL;DR Lido DAO has strengthened its governance system with extended two-phase voting periods, an emergency mechanism called GateSeal, and a structure of expert committees for technical and financial decision-making. These enhancements aim to boost participation, reduce risk, and ensure transparent, decentralized governance.
U.S. District Judge James Donato dismissed a class action lawsuit against DFINITY, the crypto company behind Internet Computer (ICO), on Tuesday. The judge found the case “time-barred” under the Securities Exchange Act's three-year statute of repose.
This move brings enterprise-grade infrastructure to the Injective ecosystem. It makes it easier for developers to build, launch, and scale applications.
TL;DR Google Cloud becomes an official validator for Injective to enhance the security and decentralization of the blockchain network. INJ gains access to advanced tools and educational resources through Google Cloud's Web3 portal, facilitating dApp development. Injective and Google Cloud launch a hackathon focused on AI innovation in financial applications.
Google Cloud has officially become a validator for Injective, an interoperable layer-1 blockchain, further strengthening the network's security and decentralization. The move aligns Google Cloud supporting Injective's (INJ) ecosystem, according to a company release.
Google Cloud is now a validator for the Injective network, boosting the blockchain's security, reliability, and credibility. The post Google Cloud Becomes a Validator for the Injective Network appeared first on Cryptonews.
Google Cloud's role as a validator for Injective could significantly boost blockchain security, decentralization, and developer innovation. The post Google Cloud becomes a validator for Injective blockchain appeared first on Crypto Briefing.
This update makes it easier than ever for Telegram users to dive into Injective without needing extra apps. Telegram's built-in wallet has already supported major cryptocurrencies like Bitcoin (BTC) and Toncoin (TON).
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
This marks a game-changing moment in the world of DeFi. It offers users the ability to trade fully onchain stocks 24/7 with no middlemen.
Story Highlights The live price of the ICP crypto is . Internet Computer price could reach a maximum of $19.5 in 2025. The ICP price may hit a high of $66.89 by 2030.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
Buying LDO at these levels went against the trend and technical indicators- is it better to wait for reversal signals, or chase higher potential returns?
TL;DR The crypto market is experiencing a strong correction, with significant losses in Dogecoin (DOGE), Ethereum (ETH), and Lido DAO (LDO). Traders betting on a recovery were the most affected, with losses reaching up to $420 million in BTC, $150 million in ETH, and $30 million in DOGE.
AI coins remain a key narrative in the market, with several projects showing strong momentum despite broader sector correction. Internet Computer (ICP) has struggled over the past month, but its decentralized infrastructure could become very relevant in the AI space.
The omni-chain solution, which counts Brevan Howard and Hamilton Lane as early partners, is live on several chains.
The crypto market continued its upward trajectory, with the market cap increasing by over 4% to reclaim the $3 trillion mark. Most cryptocurrencies traded in positive territory, and Bitcoin (BTC) reclaimed the $90,000 level after an increase of nearly 6% over the past 24 hours.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
The module may further increase Lido's node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.
The module may further increase Lido's node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Mask Network founder Suji Yan has told hackers who recently siphoned $4 million in digital assets from his wallet to return the funds or face enforcement action. Yan stated that the Federal Bureau of Investigation, the Hong Kong Police, Interpol, and private security personnel have evidence implicating the hacker.
Here is how some of your favorite assets concluded the week.
Onchain cybersecurity platform Cyvers detected suspicious outflows from an address linked to Mask Network founder Suji Yan.
Its subsidiary, Deutsche Telekom MMS, is now a validator for the Injective blockchain. This marks another milestone in merging traditional industries with decentralized finance (DeFi).
Deutsche Telekom MMS partners with Injective blockchain as a new validator, enhancing Web3 infrastructure. Partnership aims to improve enterprise adoption of blockchain technology, fostering true decentralization.
Mask Network's CEO, Suji Yan, recently lost over $4 million in one of his public wallets. According to Yan in an X post, the hacking happened shortly after he celebrated his 29th birthday.
Deutsche Telekom's subsidiary, MMS, has taken a bold step into the blockchain world by becoming a validator for Injective, an interoperable Layer-1 blockchain. This move strengthens Injective's network security and decentralization. It also marks another milestone in Deutsche Telekom's growing Web3 presence. This collaboration showcases a blend of traditional enterprise and cutting-edge blockchain technology.
Deutsche Telekom, a telecommunications giant valued at more than $180 billion, has strengthened its presence in the crypto and blockchain space by partnering with Injective. On Feb.
Suji Yan, founder of Mask Network, reported the theft of over $4 million in crypto from his personal wallet on February 27, his 29th birthday. The attack occurred during a private gathering, with funds manually transferred over 11 minutes. Investigators are tracing the stolen assets, now converted into approximately 1,700 ETH. The post Mask Network Founder Suji Yan's Personal Wallet Hacked for $4 Million appeared first on Cryptonews.
Mask Network founder Suji Yan suffered a major blow on his birthday after hackers stole nearly $4 million in digital assets from his personal holdings. The theft, which unfolded over just 11 minutes, left Yan reeling and sparked a swift response from blockchain security experts.
Deutsche Telekom MMS expands its Web3 footprint by becoming a validator for Injective, ensuring the blockchain's security, decentralization, and reliability for digital asset trading, tokenization, and payments. The post Deutsche Telekom Becomes a Validator for Injective appeared first on Cryptonews.
Mask Network's founder Suji Yan lost $4M worth of crypto assets from a mobile wallet. The hack came just days after he warned of potential DPRK hacker attacks against top crypto DAO and multisig vaults.
TL;DR Deutsche Telekom joins Injective as a validator, marking a significant step towards bridging traditional infrastructure with blockchain technology. The collaboration highlights Deutsche Telekom's commitment to Web3, expanding its involvement in the crypto space. This partnership strengthens Injective's position as one of the most efficient and institutional-friendly Layer 1 networks.