News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
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The crypto market rallied as investors digested news of U.S. President Donald Trump’s plan to establish a crypto reserve. An analyst from Presto Research said market expectations “may remain high” until Friday, given that White House Crypto Czar David Sacks teased “more to come” at the Crypto Summit set to take place on Friday.
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The reversal follows a turbulent period that saw significant capital exits from Bitcoin ETFs, including a staggering $754.53 million outflow on February 26.
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Crenshaw argued that meme coins could meet the Howey test’s criteria.
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The proposal suggests implementing a shared random algorithm to eliminate Maximal Extractable Value (MEV) at the block level and distribute block construction more equitably across the network.
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- 09:20AB (formerly Newton) Announces New Cross-Chain Solution for BEP2 NEW-09E AssetsAB (formerly Newton) has released an official announcement regarding a new cross-chain solution for BEP2 NEW-09E assets (now $AB), originally issued in 2019. The solution aims to help users migrate their assets back to the AB mainnet after the shutdown of the BNB Beacon Chain. The BNB Beacon Chain ceased operations and stopped block production at the end of 2024. While AB had previously notified NEW-09E holders through its official website and other channels to complete the cross-chain migration, approximately 65 million NEW-09E tokens remain unmigrated. According to AB, after technical discussions with the BNB Chain team, a new cross-chain solution has been identified and is currently being implemented. The feature is expected to go live in 1 to 2 weeks, allowing NEW-09E holders to complete a one-time migration back to the AB mainnet. AB emphasized that this initiative is designed to safeguard user assets, and further updates will be communicated through official channels.
- 09:06ZachXBT: ADA and XRP have not received any support from major stablecoin issuersGolden Finance reports that on-chain detective ZachXBT responded on the X platform to Trump's inclusion of cryptocurrencies such as XRP, SOL, and ADA in the US crypto strategic reserve. He stated that one good indicator for judging the legality of a blockchain is to see how many native stablecoins have been issued from Circle, Tether or Paxos. So far, ADA and XRP have not received any support from major stablecoin issuers. XRPL/Cardano is said to be a thriving ecosystem with projects similar to Ethereum and Solana built on it. However, its value proposition is slightly different from Bitcoin. So will there be more centralization on the so-called "decentralized" blockchain?
- 09:03Data: The "Ansem" wallet spent 2.3 million USDC to purchase 2.97 million WIF todayChainCatcher news, according to Lookonchain monitoring, the wallet marked as "Ansem" spent 2.3 million USDC today to purchase 2.97 million WIF, with an average purchase price of $0.77.