Author: WebDesk

The Avalanche AVAX cryptocurrency has fallen below its $26 resistance level, dropping over 30% in the past month according to price charts. Whale sell-offs of the altcoin total $780 million, indicating worry among large investors over the asset’s future. On-chain data previously showed strong resistance at $27.91, a level it hasn’t hit since last week. Now below $26, investors are questioning if price predictions for AVAX hitting $30 are still plausible.With altcoin season set to begin sometime next month, the crypto market anticipates many altcoins like AVAX to rebound. The market has faced resistance since the start of the year,…

Japanese gaming and blockchain giant Gumi has revealed its plan to allocate 1 billion yen ($6.5 million) toward Bitcoin (BTC) as part of its treasury strategy. The company disclosed in a market letter on February 10. The investment will be executed between February and May 2025, which holds 4.3% traction of Gumi’s $150 million market capitalization.  Japanese Mobile Gaming Publisher Gumi (3903, mkt cap $150M) announces plan to buy 1b Yen Worth of Bitcoin. Becomes first listed company in Japan (world?) to participate in Bitcoin staking protocol Babylon as a validator. pic.twitter.com/37nhunaIiX — matthew sigel, recovering CFA (@matthew_sigel) February 11,…

Ripple has partnered with Portuguese currency exchange provider Unicâmbio to introduce its blockchain-powered payments solution in Portugal, enabling faster and more cost-effective cross-border transactions with Brazil. Expanding Ripple Payments to Portugal Announced on February 10, 2025, the collaboration between Ripple and leading Portuguese currency exchange service Unicâmbio aims to facilitate seamless and cost-effective transactions between Portugal and Brazil.  This marks Ripple’s first entry into the Portuguese market, reinforcing its broader strategy to enhance financial connectivity between the two nations. Through Ripple Payments, Unicâmbio’s corporate clients can transfer funds rapidly with reduced processing delays and lower transaction costs.  The official announcement…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum struggles with market fatigue, WallitIQ emerges as a promising AI altcoin at $0.042. While Ethereum (ETH) has been one of the dominant forces in the crypto market, it’s currently experiencing what analysts call market fatigue. Savvy investors are now setting their sights on the hidden gem WallitIQ (WLTQ). The AI altcoin is in the middle of an exciting presale at $0.042, with forecasts of a massive surge ahead.   The WallitIQ presale and potential breakout Investors who participate…

The overall cryptocurrency market is causing confusion due to heavy volatility. Amid this, whales and investors seem to be adding valuable tokens as they trade at discounted levels.Today, February 11, 2025, a prominent crypto expert posted on X (formerly Twitter) that whales have picked Ethereum (ETH) as the best investment opportunity, having added millions of dollars worth of ETH in the past week.1 Million Ethereum (ETH) Withdrawn From ExchangesIn a post on X, the expert noted that more than 1 million Ethereum (ETH) have been withdrawn from exchanges in the past week. Such a notable outflow or token withdrawal from…

Many crypto analysts and investors are still eagerly anticipating the arrival of a full-blown altcoin season in this market cycle. While some surges have been observed in individual altcoins like Solana and XRP, the broader alt market has yet to see the kind of explosive rally that characterizes an official altcoin season.  This delay is largely attributed to Bitcoin’s continued dominance, which has remained strong despite periodic pullbacks. However, one analyst has now begun the countdown, predicting that the long-awaited altseason is just days away. Crypto Analyst Predicts Altcoin Season Will Begin In Just Three Days Bitcoin dominance is still…

What if every click you made online cost just a fraction of a penny? What if your favorite news site, your go-to streaming service, or even your daily email usage could be paid for at tiny increments, rather than one big chunk at the end of the month? This vision—where nearly every digital interaction could be monetized by “micropayments”—has hovered over the internet economy since its earliest days. But as Nick Szabo’s seminal 1999 paper, Micropayments and Mental Transaction Costs, pointed out, there’s a lot more than technology standing in the way.Twenty-five years on, Szabo’s warnings about mental transaction costs—the…

Several assets in the market were seen recording a notable uptick. Meme coins, in particular, were pocketing significant gains. While prominent ones like Shiba Inu (SHIB) were falling behind, Pepe Coin (PEPE) was rising without a stop. The fairly new cryptocurrency made an entry into the meme coin market and stood out in the canine-themed crowd. But can the frog-themed meme coin rise through the odds and hit a new peak in February?Also Read: How Much Bitcoin (BTC) Does Michael Saylor’s Strategy Hold?Decoding PEPE’s 7% SurgeSource: NewsBTCDuring the time of writing, PEPE was trading at $0.00001027. This rise comes after…

The past few days have been tough for most cryptos as they took hard hits to their prices. Amongst the top affected altcoins were PEPE and Ripple, as their tokens saw double-digit drops. While the XRP price has shown some resilience and is rebounding, PEPE is completely under bear pressure for now.  Based on its speed, utility, and affordability, XRP price growth has been phenomenal, and the platform has shown why it is the top crypto option for cross-border transactions. However, Ripple’s strong market earnings haven’t stopped investors from identifying a more promising new crypto. This is the hybrid trading…

In the world of finance, liquidity is crucial. It ensures smooth transactions, efficient pricing, and overall market health. In the crypto space, this is even more important due to the volatility and rapid pace of digital asset trading. Wintermute, a leading algorithmic market maker, plays a pivotal role in maintaining liquidity and market efficiency, not only in traditional financial markets but also in the emerging digital asset sector. What is Wintermute? Wintermute is a global algorithmic market maker that specializes in digital assets like cryptocurrencies. By providing liquidity, Wintermute helps ensure that crypto markets run smoothly and efficiently. It operates…