$MOVE token decreased more than 80% from its all-time high following its December launch. Movement Network addressed market manipulation concerns with a $38M buyback initiative. Despite the downturn, REX Shares and Osprey Funds filed for a $MOVE ETF, and ecosystem metrics showed $120M in TVL with growing DEX volume. The post $MOVE Token Tests New Lows as ETF Bets and Buyback Plan Offer Slim Relief appeared first on Cryptonews.

Movement Labs and the Movement Network Foundation have launched a formal internal investigation into market maker misconduct surrounding their native token, MOVE.

Starknet (STRK) remains under pressure, but signs of stabilization are beginning to emerge. Despite releasing 127.6 million tokens into circulation in its next unlock, the project is pushing forward with adoption efforts, including enabling STRK payments in 15,000 shops worldwide.

Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” following market maker irregularities last month.

The Solana-based decentralized exchange Jupiter has launched its Pro platform, sparking curiosity about its impact on the native JUP token's price. JUP, currently trading at $0.3796, has been consolidating after recent volatility, with bulls holding firm at the $0.3811 support zone.

With some advanced tools, JupPro is aiming to become the go-to spot for pro-level token trading. It offers everything needed for serious traders on Solana.

Solana DEX Jupiter: Solana's decentralized exchange (DEX) volume today surpassed that of Ethereum with 14% weekly gain. In the past 24 hours, Solana's DEX volume has reached $2.509 blion, with Ethereum still standing at $1.895 billion.

This week, several top crypto news events are in the lineup, with stories spanning various ecosystems and having price implications for concerned tokens. From Jupiter and Orca decentralized exchanges (DEX) to PolitiFi meme coin TRUMP, multiple developments are already in the pipeline.

Token unlocks continue to shape the crypto market, influencing wider sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are scheduled for major unlocks.

Magic Eden is setting its sights on becoming a comprehensive platform. The platform aims to support all types of digital assets.

Magic Eden, already a key player in the NFT universe, has announced the acquisition of Slingshot Finance, a well-known mobile trading application specializing in cross-chain exchanges. This step highlights Magic Eden's new ambitions in the world of fungible tokens and meme coin, positioning itself as a decentralized alternative to traditional crypto exchanges.

The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.

TL;DR Expanding Capabilities: Magic Eden acquires Slingshot to add seamless, fully on-chain trading to its NFT marketplace, moving beyond just NFTs. Simplified Cross-Chain Swaps: The integration aggregates liquidity from multiple DEXs, enabling quick and optimal token swaps across networks like Ethereum, Polygon, and more.

Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens.

Magic Eden buys Slingshot trading app to expand beyond NFTs and challenge centralized exchanges with seamless cross-chain trading.

Magic Eden, the leading NFT marketplace, made a big shot on Wednesday by acquiring the decentralised trading app, Slingshot. The acquisition is aimed at moving Magic Eden beyond just NFTs and establish it as a major player in cross-chain trading too.

Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains.

Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn.The move expands Magic Eden's support to more than 8 million tokens across almost every major blockchain, the firm said in an April 9 X post. “No bridges.

Magic Eden has acquired Slingshot, a cross-chain crypto trading app that allows users to swap any token on any chain using a single USDC balance. According to an Apr.

Magic Eden is acquiring crypto trading app Slingshot to expand beyond NFTs and challenge centralized exchanges (CEX) with a fully on-chain trading experience, according to an April 9 press release. The acquisition marks a shift for Magic Eden, which built its name as a leading digital asset and NFT marketplace.

Binance plans to launch the reward-bearing margin asset LDUSDT for its futures platform and the former Ethereum developer Virgil Griffith gets out of prison on parole.

The Slingshot acquisition will enable Magic Eden to move away from being an NFT and digital asset platform and become an "all-encompassing trading platform," it says. The post Magic Eden Acquires Slingshot, Steps Away From NFT Focus appeared first on Cryptonews.

NFT marketplace Magic Eden is acquiring trading app Slingshot.

Major NFT marketplace Magic Eden is acquiring mobile trading app Slingshot Finance in an embrace of fungible token trading.

The move signals Magic Eden's push beyond NFTs and into broader token trading — aiming to compete directly with centralized exchanges.

Centrifuge collaborates with Wormhole to enhance multichain asset tokenization, starting with Anemoy's $230M Janus Henderson Treasury Fund, aiming for seamless blockchain interoperability.


Centrifuge V3 aims to unify real-world asset tokenization across blockchains, and is starting with the $230 million Janus Henderson Anemoy Treasury Fund.

Solana (SOL), EOS, and Jupiter (JUP) are three Made in USA coins making headlines this week with sharply different trajectories. Solana has dropped below $100 amid market volatility and tariff-driven uncertainty.

While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.

Here is how some of your favorite assets concluded the week.

Wormhole (W) surged nearly 12% on Thursday after the project unveiled its official product roadmap. The project's one-year anniversary has sparked speculative interviews.

Wormhole ($W), a leading interoperability protocol with a multichain-native token, has emerged as one of the best-performing altcoins despite challenging market conditions. The token has surged by over 12% in the past 24 hours, breaking out from a prolonged downtrend that led to a historic low on April 2.

This move highlights Jupiter's belief that NFTs are here to stay. They are integral to the future of decentralized finance.

The self-proclaimed Solana super app doesn't think NFTs are dead yet.

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 Hyperliquid's $13 million brush with disaster, some in Solana's orbit are wondering: Could Jupiter's JLP vault — a similar product to Hyperliquid's vulnerable vault — face a similar exploit?

Made in USA coins continue to try a rebound, with Solana (SOL), RENDER, and Jupiter (JUP) standing out as key names to watch in April. Despite recent price corrections, each of these tokens plays a major role in high-growth areas like DeFi, AI, and blockchain infrastructure.

Several key headlines are on the crypto lineup this week, with certain ecosystem-specific developments expected to happen. This week's top crypto news could drive volatility for some tokens.

The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.

Movement Network (MOVE) has been gaining attention after announcing a $38 million buyback in response to improper activity by a Binance market maker. Despite the corrective phase that followed its sharp price spike, MOVE is still up over 13% in the last seven days.

Movement (MOVE) has surged by 16% in the past 24 hours, with its rise to $0.527 coming after the Movement Network Foundation announced a $38 million buyback of MOVE tokens. The post Movement (MOVE) Defies Binance Fallout with $38 Million Buyback – Can it Overtake Solana? appeared first on Cryptonews.

MOVE rallied 18% after Movement Network announced a $38M buyback plan, using funds recovered from its market maker through Binance.

MOVE soared to a 2-month high as it parted ways with a malicious market maker, which triggered a renewed interest among whales. According to data from crypto.news, Movement (MOVE) surged 32% to an intraday high of $0.

The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.

Movement Foundation has cut ties with the market maker and will use the recovered $38 million to buy back MOVE over the next few months.

Movement, a new kid on the block with a market cap of $1.3 billion launched just this December, has landed on some hot waters after a Binance investigation regarding a market maker.

TL;DR Movement Network has announced a $38 million buyback of MOVE tokens after uncovering improper activity by a market maker operating on Binance. The buyback program, financed with recovered USDT, will run over the next three months as a strategy to restore market confidence.

Cryptocurrency exchange Binance has issued an announcement regarding the penalization of a market maker for the Movement (MOVE) project.