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You are here: Home / Archives for News

News

BREAKING XRP NEWS: Huge Graph Cliff Dives Suggest Panshibi (SHIBI) Could Be About To Rise 10,000% Amid Market Shifts

February 23, 2025 by Vaigha Varghese

Crypto is back at doing what it does best: shaking off heavy punches, but sadly, the same cannot be said about Ripple price trajectory, which could be on the verge of a huge cliff dive. Even after recent breakthroughs in the ETF hunt in South America, technical indicators suggest Ripple price could reset to its opening price three months ago. 

Meanwhile, Panshibi, a new meme coin, is gaining the favor of market participants as one of the best coins to buy in 2025. With a 10,000% profit up for grabs, Panshibi might lead meme coins to yet another victory this year. 

Amid the market shifts surrounding the Ripple price’s waning trajectory, traders and investors would try to reposition their portfolios to capitalize on the Panshibi goldmine. Let’s get into the details.

Ripple Price Trajectory Could See A Cliff Dive Despite Regulatory Win

Ripple is a payment network built to cater to fast and inexpensive cross-border payments and money transfers. As it continues to expand into the market, Ripple Labs has engaged in a long-drawn-out legal battle regarding the introduction of XRP Exchange-Traded Funds (ETFs).

After a lengthy, exhausting battle with the United States SEC at the center, Ripple seems to have had a breakthrough through the flanks in South America. Brazil’s securities regulator Comissão de Valores Mobiliários (CVM), recently confirmed the approval of the first XRP spot ETF.

Things appeared very promising for Ripple when Hashdex received regulatory approval to launch a spot XRP ETF. This was a major milestone for crypto ETFs beyond Ethereum and Bitcoin and a major step forward in Ripple’s expansion, which had already secured partnerships with central banks.

The crypto market has reacted positively to this development, which nudged the Ripple price trajectory in the past 48 hours. However Ripple price experienced a correction on Friday and currently hovers around $2.58, reflecting a 2.76% daily dip. Ripple price action has accumulated a 17.89% monthly loss and faces resistance at $2.90

Failure to breach this resistance could trigger another correction back into the $1.90–$2.00 support region. If bears take complete control, the Ripple price trajectory could plunge below the $1.50 level, resetting it to its opening price 90 days ago.

Panshibi to Lead the Meme Craze

Panshibi is a memecoin set to lead the meme craze in 2025. This project has been growing in market popularity and could very well grow to become the biggest Asian-inspired in the crypto market. Panshibi’s Panda mascot has brought together a varied community of Asians, Panda lovers, and meme coin enthusiasts within the Bamboo Valley.

In this Valley, Panshibi aims to lend holders resistance and security against the darts of financial elites. Panshibi presents itself as a haven from market corruption, positioning its Bamboo Valley as a space where traders reclaim control over their financial futures.

But holders wouldn’t be the only ones that would be kept safe because Panshibi also promises to make philanthropic efforts. The project has pledged to support panda conservation efforts, funding initiatives that protect pandas in their natural habitats and ensure their well-being in sanctuaries. These unique real-world impacts have further strengthened Panshibi’s reputation, attracting investors who appreciate a meme coin with a purpose.

Financially, Panshibi’s potential is undeniable. Analysts predict that once it secures listings on major exchanges, SHIBI could surge by 10,000%, mirroring the success of previous meme coin giants like Shiba Inu and Dogecoin. 

Right now, you can grab tokens at an amazing price of just $0.005 each!

You can participate in the Panshibi presale here

Telegram: https://t.me/panshibi 

Twitter: https://x.com/panshibi_ 

Website: https://panshibi.com 

Filed Under: News, Press Release

Dogecoin’s Bearish Phase Could End in a +200% Surge—Here’s Why

February 23, 2025 by Kashif Saleem

  • Dogecoin dropped 10.42% this week, but analyst Javon Marks predicts a potential 200% surge.
  • Trader Tardigrede highlights Dogecoin’s entry into the bullish Gaussian Channel, targeting $0.50-$1.00.
  • DOGE trades at $0.24, struggling below its 50-day SMA of $0.3101 amid bearish pressure.

Dogecoin hаs bееn struggling undеr intеnsе bеаrish prеssurе in еаrly 2025, losing 10.42% in thе pаst wееk. Dеspitе thе downturn, cryptocurrеncy аnаlyst Jаvon Mаrks hаs spottеd а pаttеrn thаt hints аt аn imminеnt brеаkout. According to his аnаlysis, thе mеmе coin could bе gеаring up for а significаnt rаlly, possibly surpаssing its prеvious аll-timе high (ATH) of $0.73905.

Mаrks’ аnаlysis highlights а rеpеаting cyclе in Dogecoin’s pricе movеmеnts. Historicаlly, DOGE undеrgoеs long pеriods of pricе supprеssion bеforе brеаking out into еxplosivе uptrеnds. His chаrt rеvеаls thrее mаjor mаrkеt cyclеs, еаch mаrkеd by downtrеnd rеsistаncе brеаks, аccumulаtion phаsеs, аnd shаrp surgеs. If this trеnd continuеs, DOGE could skyrockеt by morе thаn 200% in thе coming months.

Dogecoin 14
Source: Javon Marks

Thе dаtа suggеsts thаt Dogecoin is mirroring pаst pаttеrns, indicаting аnothеr mаjor rаlly could bе on thе horizon. Thе criticаl еlеmеnt to wаtch is whеthеr DOGE cаn brеаk its currеnt rеsistаncе lеvеls, which hаvе historicаlly triggеrеd mаssivе pricе jumps. If Mаrks’ prеdiction holds, thе crypto could sее аn unprеcеdеntеd pricе movе bеyond its prеvious ATH.

Gaussian Channel Signals Dogecoin Surge

Mаrkеt аnаlyst Trader Tardigrade supports thе bullish sеntimеnt, pointing to thе Gаussiаn Chаnnеl аs а kеy indicаtor. His lаtеst аnаlysis shows thаt Dogecoin hаs еntеrеd thе Grееn Chаnnеl, а phаsе thаt prеviously lеd to mаjor pricе surgеs. If history rеpеаts itsеlf, DOGE could bе sеtting up for аnothеr еxponеntiаl risе, with potеntiаl tаrgеts rаnging from $0.50 to $1.00.

Dogecoin 15
Source: Trader Tardigrade

Thе Gaussian Channel hеlps trаdеrs idеntify bullish аnd bеаrish phаsеs, аnd pаst trеnds indicаtе thаt Dogеcoin еxpеriеncеs pаrаbolic rаlliеs аftеr consolidаting in this zonе. This pаttеrn wаs еvidеnt in 2017 аnd аgаin in lаtе 2020 through еаrly 2021, both lеаding to shаrp upwаrd movеmеnts.

Now, in 2025, thе mеmе coin is oncе аgаin trаding within thе Grееn Chаnnеl. If thе trеnd plаys out similаrly, invеstors could witnеss аnothеr еxplosivе pricе incrеаsе, with potеntiаl tаrgеts rаnging from $0.50 to $1.00.

Dogecoin Faces Bearish Pressure Below SMA

As of now, Dogecoin is trаding slightly аbovе $0.24, rеflеcting а 1.11% dеclinе in thе lаst 24 hours. Dаtа from TrаdingViеw shows thаt thе mеmе coin hаs droppеd ovеr 10% in thе pаst wееk аnd 22.66% sincе thе stаrt of thе yеаr.

From а tеchnicаl pеrspеctivе, Dogecoin’s 50-dаy Simplе Moving Avеrаgе (SMA) sits аt $0.3101, significаntly highеr thаn its currеnt pricе. This signаls а bеаrish trеnd, аs DOGE rеmаins wеll bеlow а kеy rеsistаncе lеvеl. A movе аbovе thе SMA could indicаtе а trеnd rеvеrsаl, but continuеd fаilurе to brеаk through could mеаn furthеr downsidе prеssurе.

DOGEUSD 2025 02 23 09 57 44
Source: Trading View

Thе Rеlаtivе Strеngth Indеx (RSI) currеntly stаnds аt 36.23, hovеring nеаr thе ovеrsold zonе. A furthеr drop bеlow 30 would suggеst еxtrеmе sеlling prеssurе, which could lеаd to а potеntiаl rеbound. Howеvеr, without substаntiаl buying momеntum, thе risks of continuеd dеclinе rеmаin high.

Related Readings | SEI Defies Market Chaos with 18% Surge: Bullish Breakout in Play

Filed Under: News Tagged With: Cryptocurrency, Dogecoin, Price Analysis, price prediction

TRON Weekly News: TRX Investors Have Had A Surge In Diversifying – Secret New Meme Launch Gives Taste for Big Gains

February 23, 2025 by Vaigha Varghese

Over the years, TRON (TRX) has experienced its share of highs and lows. The asset, which was once the cryptocurrency investing industry’s golden child, was pushed to the side as investors’ attention was drawn to more dazzling, younger initiatives. Although it holds a position in the top ten cryptocurrencies, Tron’s weekly price performance hasn’t been encouraging of late. 

And on the meme coin front, Panshibi brings real innovation to the table. Unlike usual hype-fueled meme projects, the SHIBI presale is about to take the market by storm.

Tron Weekly Price Slips Amid Bullish Sentiment 

With a $20.6 billion market valuation as of right now, Tron TRX is firmly established as the tenth largest cryptocurrency. But recent Tron weekly price action hasn’t been particularly kind. Tron has taken a hit, dropping 1.65% over the last 24 hours, bringing its price to $0.2393. Earlier today, it peaked at $0.2436 before slipping to a low of $0.2378.

While Tron remains 45% below its December 2024 high of $0.4407, there’s still a silver lining: most TRX holders are still sitting on profits. Data from IntoTheBlock shows that a staggering 94% of Tron holders are in the green. But will this bullish dominance hold? Analysts believe Tron weekly price might dip further before staging a recovery, with February’s predictions placing it around $0.223236. Investors, however, are hopeful for a stronger March, especially as the broader crypto investment market gears up for potential gains.

Panshibi ($SHIBI): The Meme Coin Set to Dominate 2025

Move over, Doge. Step aside, Pepe. There’s a new meme king in town and it’s not just another dog-themed clone. Enter Panshibi ($SHIBI), the latest sensation in the meme coin arena, blending the powerful trifecta of Asian culture, pandas and meme coin mania into one unstoppable force.

With built-in crypto staking features, SocialFi integration and AI-powered engagement, this isn’t just another speculative token. Investors can stake their $SHIBI tokens and earn an eye-watering 1,200% APY, a return that’s virtually unheard of in the current market. Those who jump in early also get access to the exclusive Bamboo Private VIP Members Club, setting the stage for serious perks.

But let’s talk numbers. The Panshibi presale is capped at $10 million and will run for just 60 days, with prices increasing at every stage. Currently, $SHIBI is priced at $0.005, but post-launch, analysts are eyeing a mind-blowing 145,000% increase. Yes, you read that right. The liquidity pool will be locked for 10 years and team tokens will remain untouchable for two years, ensuring long-term stability and trust. To top it off, the project has passed a full smart contract audit with flying colors, reinforcing its commitment to security and transparency.

The buzz around Panshibi isn’t just empty noise. The meme coin sector saw a 500% surge in 2024 and with meme coins now accounting for 10% of the total crypto market, investors are hunting for the next big thing. Panshibi’s unique mix of scarcity (60% of the total supply is allocated to presale) and massive growth potential make it a top contender for 2025’s biggest gainer. And with listings on both Uniswap and major centralized exchanges lined up, early investors could be in for serious gains.

TRX Investors Are Expanding Their Horizons

TRX may still have a strong future, especially if March brings a market-wide Tron weekly price recovery. But for those looking for an explosive new opportunity, Panshibi’s ($SHIBI) token presents a compelling case. Whether it’s the crazy APY, presale stage gains, or long-term growth potential, this could be the meme coin that defines 2025. And with the crypto staking market seeing rising demand, locking in early staking rewards could be the smartest move an investor makes this year.

Click the links below and join the Panshibi Presale:

Telegram: https://t.me/panshibi 

Twitter: https://x.com/panshibi_

Website: https://panshibi.com

Filed Under: News, Press Release

SEC Interest In Crypto Staking Could Create A Massive Spike In ETH ETFs; Could This Be A Bullish Indicator For A Viral GameFi Project?

February 23, 2025 by Vaigha Varghese

Prominent crypto fund manager 21Shares is in talks with the SEC to enable staking in Ethereum ETFs. If a positive resolution is reached, this could lead to significant capital inflows, as it could encourage institutional entities to go all in on crypto. Consequently, this could send ripples across the crypto space, especially when it comes to Ethereum-related projects, such as Rollblock, which is already seeing massive growth in activity.

Rollblock Is The Next Frontier For Crypto Gaming

GambleFi protocol Rollblock is set to revolutionize the $450 billion gaming industry with its revolutionary premise that merges aspects of DeFi and online gaming. Rollblock’s innovative platform is entirely blockchain-based and it leverages the tried and tested Ethereum ecosystem as its base operative layer, elevating security and transparency to new heights.

Over 50,000 players have joined the Rollblock ranks and are already enjoying the 7,000+ title library, designed to cater to every type of taste. From all-time classics, such as blackjack and roulette, to live games and even brand-new, AI-enhanced experiences. Moreover, sports betting has been introduced recently as well, further expanding Rollblock’s already vast offering. The introduction of this feature alone led to a 600% spike in new registrations, making it one of the fastest-growing gaming providers in the space.

Gaming aside, Rollblock also doubles as an investment vehicle, granting market-beating APY’s to holders of the native RBLK token. The platform will reinvest up to 30% of its weekly revenue for open market buybacks of RBLK. 40% of this amount will be distributed to users who stake the token and support the ecosystem. The remaining 60% will be removed from circulation, priming RBLK for scarcity-driven growth. With a 50% bonus available for a limited time, investors should act now before the price increases. 

Ethereum Rebounds, Analysts Eye $2,800 As The Next Target

After experiencing a drop following the news of the $1.5 billion ByBit hack, Ethereum has bounced back with a 5% intraday increase and it’s currently selling for $2,821. Attackers stole 401,000 ETH, triggering fears of mass sell-offs. Despite this, Ethereum held its ground fairly well, highlighting a bullish shift in the overall market sentiment.

Meanwhile, the SEC is now reviewing a proposal from CBOE BZX Exchange to allow staking in the 21Shares Core Ethereum ETF. This could set a precedent for future staking-enabled ETFs. If the SEC greenlights this proposal, experts believe that this development could have a significant impact on the crypto landscape, and propel Ethereum to unseen heights. While the $3,000 mark continues to elude investors, confidence is returning and a long-awaited Ethereum reversal could come sooner than expected.

Rollblock Emerges As One Of The Most Promising Plays Of 2025

While Ethereum continues to consolidate, the buzz around Rollblock is reaching a fever pitch. With the crypto gaming narrative set to explode in 2025, Rollblock is perfectly positioned to dominate the industry, and building a position now could lead to life-changing gains.

Stage 10 of the RBLK presale is underway and tokens are priced at just $0.06, with early buyers already enjoying a 500% return on investment. Post-launch, analysts predict a gigantic 100x rally, once listings on major exchanges are finalized and the bull run is in full swing. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Filed Under: News, Press Release

XRP Ramping Up For A Huge Rally Following Brazil ETF Approval; Investors Snap Up 7 Day 50% Bonus In 2025’s Best Crypto Presale

February 23, 2025 by Vaigha Varghese

On-chain data reveals that major crypto whales are accumulating Ripple and Rollblock, signaling strong confidence in both assets. Analysts predict Ripple could see a significant surge if the U.S. approves an XRP ETF, which would drive institutional demand and liquidity.

Meanwhile, Rollblock continues to gain momentum as its presale delivers impressive results. The protocol has already raised over $10.6 million across ten presale rounds, and with the introduction of a new 50% bonus, investor interest is expected to soar.

Many experts consider Rollblock the most successful presale altcoin of 2025, driven by both market hype and solid fundamentals. As demand continues to rise, analysts see strong upside potential for both Rollblock and Ripple.

Rollblock Attracts 50,000+ Early Investors With Massive Growth Potential

Rollblock is transforming the gaming industry by integrating blockchain and crypto for a safer gaming experience. Unlike traditional Web2 platforms, which are vulnerable to fraud, Rollblock offers transparency with over 7,000 fully on-chain games. Every outcome is encrypted and recorded on the Ethereum blockchain, eliminating manipulation risks.

To ensure trust, Rollblock’s smart contracts have passed a SolidProof audit, verifying no hidden vulnerabilities. The platform is also fully licensed under the Anjouan Gaming Authority, reinforcing its credibility.

Player confidence is driving growth, with deposits and withdrawals surging 600% and total wagers exceeding $1.75 million. Investor interest is also high, with Rollblock’s presale raising over $10.6 million from 50,000 early investors. The current 50% bonus might increase these numbers quickly as investors will dive into this free money opportunity. 

At its core, Rollblock’s RBLK token powers the ecosystem. Priced at $0.06, RBLK offers passive income through a revenue-sharing model. Up to 30% of platform revenue is used to buy back RBLK, with 60% burned to reduce supply and 40% distributed as staking rewards. This deflationary model encourages long-term holding and ecosystem participation.

The First XRP ETF Is Approved

Ripple is consolidating at $2.59, struggling to break past resistance at $2.80. A breakout could trigger a 40% rally toward $3.64, with whale accumulation supporting bullish momentum. Large holders have recently purchased 20 million Ripple ($50M), signaling confidence in a potential price surge.

However, weak retail demand limits upside potential. The RSI remains below 50, and the MACD stays negative, indicating lingering bearish pressure. Optimism is growing around a possible Ripple ETF and a shift in the SEC’s stance, which could boost demand.

Brazil’s approval of the world’s first Ripple ETF strengthens credibility, making institutional investment easier. This could set the stage for U.S. approvals, where applications remain under review.

Ripple needs to break $2.80 for a confirmed bullish reversal. If it fails to hold support at $2.39, a drop toward $2.25 is likely. A major move could be near with whale activity rising and regulatory clarity improving.

Can Rollblock Outperform Ripple in 2025?

Rollblock is positioning itself as a strong contender to outperform Ripple in 2025. With a steady stream of milestone achievements and a revenue-sharing model that continues to attract investors, the momentum behind RBLK shows no signs of slowing down. If this trend continues, analysts believe the token could reach $1 before the year ends.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Filed Under: News, Press Release

Crypto Expert Makes Bullish Lunex Network Prediction As Sui Moves Towards A Top 10 Spot

February 23, 2025 by Vaigha Varghese

Sui is ready to target its previous all-time high price level as the token showed notable resilience amidst the broader market correction in February. Meanwhile, Lunex Network is gaining more attention from crypto experts as this new DeFi altcoin supports cross-chain trading across 40+ different networks. Can Lunex Network outshine Sui before the end of Q1?

Sui (SUI) Gets Closer to All-Time High Price Level

Sui’s price has experienced strong headwinds during the last week but it has managed to stay above the critical $3.2 level. Since Sui has been trading between the $3 and $3.6 zone for several weeks now, analysts are optimistic about Sui following Solana’s footsteps to reach the $100 milestone in 2025. 

These bullish predictions are fueled by Sui’s advanced technology like the Move programming language. Sui’s integration of Bitcoin staking has already attracted more than $300 million in bridged assets, setting the stage for more growth in the next few weeks. 

Sui is currently trading for $3.30 after an intraday decrease of 4.2%. Analysts expect buying pressure to pick up soon for Sui, which could potentially lead to a long-awaited reversal.

Can Lunex Network (LNEX) Become the Next Sui in Q1?

Lunex Network is giving fierce competition to Sui’s growth in Q1 of 2025 as this new DeFi platform records massive capital inflows. Investors are anticipating Lunex Network to follow in the footsteps of Sui and become the next big Top 10 token thanks to its robust technology and strong fundamentals.

Lunex Network’s interconnected ecosystem is designed to break barriers between isolated blockchain networks. By leveraging a smart contract, Lunex Network permits users to trade 50,000+ token pairs across different blockchains without any additional cost. 

The smart contract effectively splits the transaction across different networks to source the highest liquidity, giving users the lowest gas fees in the market. Beyond cost-effectiveness, Lunex Network also ensures user security by keeping every trade immutable and 100% slippage-free. 

Lunex Network also delivers real-world utility by offering an exclusive Lunex Card to 200 VIP-tier presale investors. With this card, users can bring digital assets into the real world by using their cryptocurrency to make day-to-day payments anywhere across the globe. 

The platform also offers multiple passive income streams through the native LNEX token which can be staked during the presale in exchange for up to 18% APY. After the presale, Lunex Network’s revenue-sharing program will distribute a fixed percentage of the platform’s weekly revenue to token holders through open market buybacks of LNEX. 

These remarkable features are bringing Lunex Network into the limelight during Q1, which is exactly what Sui experienced in Q4 of 2024. If Lunex Network continues to gain investor trust through its immutable network and attractive records, the new DeFi altcoin could surpass Sui’s gains and test the $1 milestone during its post-launch rally. 

For now, LNEX tokens are selling for an unbelievably low price of only $0.007 each. Since this price is only for the ongoing presale phase, now is the ideal time to invest in LNEX before it skyrockets to a new peak within the next few weeks. 

You can find more information about Lunex (LNEX) Network here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

Filed Under: News

Bybit Launches $140M Recovery Bounty Program After Record $1.4B Crypto Hack

February 23, 2025 by Sheila

  • Bybit launches a $140M bounty program after a $1.4B hack by Lazarus Group.
  • Recovery efforts yield $43M in cmETH tokens, marking progress in Bybit’s $1.4B hack.
  • Tether freezes $181K in USDT linked to Bybit’s $1.4B hack as recovery continues.

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced a Recovery Bounty Program following a massive security breach on February 21, 2025. The initiative offers 10% of recovered funds, potentially up to $140 million, to ethical cybersecurity experts and blockchain analysts who assist in retrieving assets stolen in the incident. The record-breaking crypto theft in history resulted in the theft of $1.4 billion in cryptocurrencies, mostly Ether, which was lost.

Bybit reacted immediately upon discovering the hack by securing its systems and engaging with industry experts to prevent additional damage. CEO Ben Zhou of Bybit asserted that the stolen funds mainly included staked Ether (ETH) and other ERC-20 tokens stored in an Ethereum cold wallet. However, the company managed to handle over 350,000 withdrawal requests within a few hours after the massive loss while maintaining its operational capabilities for its users. 

Industry Unites to Combat Lazarus Group’s Attack

Through this exchange program, the organization seeks to utilize worldwide crypto expertise to track down stolen funds. Bybit’s CEO, Ben Zhou announced the program launch while stressing his commitment to working with industry partners.

image 236
Source: X

Blockchain investigators, including ZachXBT and Arkham Intelligence, linked the attack to the North Korean-affiliated Lazarus Group. This group, known for high-profile hacks like the Ronin Bridge and Harmony Horizon incidents, moved 10,000 ETH, worth $27 million, to a wallet labeled “Bybit Exploiter 54” on February 22, 2025. Analysts tracked the funds across 53 wallets revealing active laundering attempts through mixers like eXch and bridges like ChainFlip.

Crypto operators from different sectors supplied their backing. Bitget moved 40,000 ETH funds worth $105 million from its reserve accounts to strengthen Bybit’s cash flow operations. Tether froze USDT funds worth $181,000 linked to the hack, while Chainalysis, Zero Shadows and other firms offered investigation and tracking assistance. The industry shows its commitment to fighting skilled threats through joint defense operations.

Recovery Efforts Yield Early Results Amid Ongoing Challenges

Mantle’s mETH Protocol implemented recovery measures successfully by recovering 15,000 cmETH tokens worth $43 million on February 22, 2025. Recently, Bybit spent $100 million USDT to purchase 36,893 ETH at $2,711 per ETH through over-the-counter trades with Galaxy Digital and FalconX, bolstering liquidity. 

BREAKING:

BYBIT SPENT $100M USDT TO BUY
36,893 $ETH AT $2,711 EACH VIA OTC
FROM GALAXY DIGITAL & FALCONX.

$100M DONE $1300M TO GO 👀 pic.twitter.com/LkhrKBQgP9

— Ash Crypto (@Ashcryptoreal) February 22, 2025

Furthermore, After the crisis, Bybit received high praise when former Binance CEO Changpeng Zhao acknowledged Zhou’s transparent communication approach. Auditor Hacken also confirmed that the exchange holds bridge loans which cover losses while maintaining reserves that exceed liabilities.

image 237
Source: Hacken

However, challenges persist. The cyber attack caused a total outflow of $5.5 billion which included stolen money and mass withdrawal of user funds. Bybit remains active in investigating the cause of the breach, with a primary focus on security weaknesses in its Safe Cold Wallet system. Zhou disclosed conferring with the Ethereum Foundation about blockchain solutions, but no decision regarding rollback occurred because of the complexity and necessary community support.

Filed Under: News, Cyber Security Tagged With: Bybit, Crypto hack, Ethereum (ETH), Lazarus Group

Bittensor (TAO) Breaks Key Resistance: Is $600 the Next Target?

February 23, 2025 by Sadia Ali

  1. Bittensor (TAO) breaks out of a falling wedge, reclaiming critical EMAs.
  2. Price nears major resistance, with a potential push to $600.
  3. Market sentiment remains bullish, with dips seen as buying opportunities.

Bittensor (TAO) has shown impressive resilience after a steep decline that stretched over several months. The asset reached an all-time high of $782 in April 2024 but failed to sustain momentum, leading to a correction that resulted in a lower high in December.

The sell-off extended into 2025, with Bittensor plunging to $237.97 on February 3. However, buyers stepped in, initiating a strong recovery that has since propelled the token back above $400.

The recent surge gained traction after TAO secured a listing on Coinbase, a move that significantly boosted market confidence. Alongside increased liquidity, technical indicators have turned bullish. Market observer Alex Clay pointed out that TAO has broken out of a falling wedge pattern on the daily chart, a structure often associated with trend reversals.

Additionally, the asset has successfully reclaimed key exponential moving averages (EMA 50 & EMA 100), signaling renewed strength. Currently, TAO is trading at $437.42 and hovering near a critical resistance level.

image 233

Bittensor Traders Eye Further Upside Potential

With Bittensor showing signs of strength, market participants are closely monitoring its next move. X user Kings Charts believes the asset is forming an “Inverse Head and Shoulders” pattern, a bullish setup that could trigger a significant rally.

They expect TAO to target $600 in the near term if it breaks above the current resistance zone. Additionally, they view potential dips to $375 or $350 as ideal buying opportunities, indicating confidence in the asset’s long-term growth.

$TAO 50% up

expecting for Inverse head and shoulder

retest 370 350 is good buy zone for 600$ and ATH https://t.co/VZ1V99V7Im pic.twitter.com/khKfe072jI

— Kings Charts (@KingsCharts) February 21, 2025

Renowned trader Michael van de Poppe also weighed in, revealing that TAO is part of his personal portfolio. While acknowledging the possibility of short-term consolidation, he remains bullish on its overall trajectory.

He stated that a minor retracement to the low $400s would be healthy, potentially setting the stage for further upside. His outlook aligns with broader market sentiment, where temporary corrections are seen as opportunities rather than warning signs.

image 235

Resistance Holds the Key to the Next Move

TAO’s immediate challenge lies in overcoming the major resistance level it is currently testing. A successful breakout could trigger a strong continuation of its recovery, potentially pushing the price toward new highs. On the other hand, failure to clear this level may result in a short-term pullback before another attempt at upward movement.

With growing institutional interest and improving technical indicators, TAO appears well-positioned for further gains. The coming days will be crucial in determining whether the breakout holds or if another consolidation phase sets in before the next leg up.

Related Reading | Best Crypto Presales That Could Be the Next 100x Investment

Filed Under: News, Altcoin News Tagged With: Bittensor (TAO), Price Analysis

Skyren DAO To Propose BlockDAG and Cardano Asset Holdings During Next Governance Vote

February 23, 2025 by Vaigha Varghese

Skyren DAO, the world’s first airdrop collection DAO, is preparing for a major governance vote that could reshape its strategy for maximizing token rewards. The upcoming proposal aims to integrate BlockDAG technology and Cardano-based asset holdings, signaling a forward-thinking approach to scalability and diversification. As Skyren continues to gain traction among crypto enthusiasts, experts, and influencers, this move could further cement its position as a game-changing DeFi powerhouse.

Skyren’s Governance Model: A Decentralized Approach to Growth

Skyren DAO operates under a community-driven governance structure, allowing token holders to propose and vote on key decisions that shape the platform’s future. With an emphasis on airdrop farming, liquidity provision, and high-yield staking, Skyren’s governance framework ensures that its strategies align with the best interests of SKYRN holders. The upcoming vote is particularly significant as it introduces two major advancements—BlockDAG integration and Cardano asset holdings.

Skyren DAO’s BlockDAG Proposal

One of the standout elements of this proposal is BlockDAG (Directed Acyclic Graph) technology, which offers a more scalable and efficient alternative to traditional blockchain structures. Unlike linear blockchain models, BlockDAG allows for parallel transactions, significantly boosting speed, scalability, and network efficiency.

This integration could be a game-changer for Skyren, enabling:

  • Faster transaction processing, reducing congestion and wait times.
  • Lower fees, making DeFi participation more accessible.
  • Enhanced security, leveraging the decentralized nature of DAG structures.
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Moreover, BlockDAG proposal aligns with Skyren’s mission to provide high-yield opportunities for its community. As part of Skyren’s token surge strategy, individuals who buy into BlockDAG may also be eligible to claim SKYRN tokens, further driving adoption.

 Click Here To Learn More about Claiming your Free SKYRN Tokens

The Value of Cardano Asset Holdings for Skyren

Another significant aspect of the proposal is the addition of Cardano-based assets to Skyren’s portfolio. Cardano, known for its strong staking mechanisms, low transaction fees, and growing ecosystem, offers multiple benefits for DAO members:

  • Diversification: Adding ADA-based assets reduces reliance on any single blockchain network.
  • Staking Rewards: Cardano’s staking model allows Skyren to generate additional yield, increasing distributions to SKYRN holders.
  • Access to the Cardano Ecosystem: Skyren could participate in projects within Cardano’s DeFi and NFT sectors, further expanding its earning potential.

With these assets incorporated, Skyren DAO becomes more resilient, positioning itself as a multi-chain powerhouse within the crypto space.

Start your journey with Skyren DAO today!

How This Impacts SKYRN Holders

For those holding SKYRN tokens, these governance proposals could unlock even greater earning potential. Skyren already stands out for its ability to collect airdrops from numerous projects, providing diverse rewards with an anticipated 216% APY.

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By integrating BlockDAG and Cardano assets, holders could benefit from:

  • Higher transaction efficiency within the DAO.
  • New staking rewards generated from Cardano’s yield mechanisms.
  • A stronger, more diversified asset base, reducing risk and increasing growth potential.

This move underscores Skyren’s commitment to innovation—not just in airdrop farming but also in adopting cutting-edge blockchain advancements to serve its community.

Crypto Influencers Praise Skyren’s Unique Model

Skyren DAO continues to gain massive attention from crypto enthusiasts, experts, and influencers who recognize its groundbreaking approach. Crypto Dealer, a well-known YouTuber, has called Skyren “The project to watch out for in 2025” highlighting its unmatched airdrop strategy and high-yield rewards. Other influencers have echoed similar sentiments, pointing out that Skyren’s audited status adds to its credibility and trustworthiness.

As more analysts and content creators shine a spotlight on Skyren, the project is rapidly becoming a must-watch in the DeFi ecosystem.

Conclusion

Skyren’s governance vote will soon take place, giving SKYRN holders the power to decide on these major upgrades. Those interested in participating in the vote can follow the official Skyren DAO channels for announcements on the timeline, process, and final implementation details.

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With Phase 2 of the presale underway at $0.03 per token and a launch price set at $0.15, early adopters could see a massive ROI of 500%. As Skyren continues to evolve, its focus on airdrop farming, innovative staking models, and cross-chain expansion solidifies its position as a leading force in DeFi.

Phase 2 started! Click here to get your SKYRN tokens.

Website: https://skyren.io/

Telegram: https://t.me/SkyrenDAO

X: https://x.com/Skyren_Official

Filed Under: News

SEI Defies Market Chaos with 18% Surge: Bullish Breakout in Play

February 23, 2025 by Usman Zafar

  • SEI has surged nearly 18% despite market turbulence, showing strong resilience.
  • Breaking its descending trendline and closing above the 1D EMA20 signals a bullish breakout.
  • The next key target is $0.33, with EMA200 as a major resistance level.
  • SEI remains a trader’s market, offering both long and short opportunities.

SEI (SEI) is riding a strong bullish trajectory, defying the broader market turbulence triggered by the Bybit hack and Bitcoin’s recent decline. Despite the chaos, the token has surged nearly 18% over the past week, showcasing its resilience as investor sentiment improves.

With fears surrounding the Bybit hack fading and Bitcoin regaining strength, altcoins are experiencing renewed momentum. SEI, in particular, has benefited from this shift, attracting attention as one of the market’s standout performers.

SEI Poised for a Multi-Month Breakout

Crypto trader Captain Faibik highlighted SEI’s potential for a major breakout, predicting a 60-70% bullish rally in the coming weeks.

$SEI is on the verge of a multi-month trendline Breakout.. 📈

Expecting a 60-70% Bullish Rally so Keep an eye on it..#Crypto #SEI #SEIUSDT pic.twitter.com/OsHOeO8lDR

— Captain Faibik 🐺 (@CryptoFaibik) February 22, 2025

From a technical standpoint, the token is exhibiting strong signs of a trend reversal. After sweeping its August 2024 lows for liquidity, the altcoin has held key support levels and begun forming a new base.

A significant development occurred when the token broke its descending trendline on the daily chart, confirming a bullish breakout. This move was further validated by a strong candle closing above the 1D EMA20, signaling increased buying momentum.

However, traders remain cautious, as the breakout alone does not guarantee a sustainable macro-bullish move. The current price action could be a corrective impulse, filling the imbalance created on February 2nd and 3rd.

Key Levels to Watch

If SEI’s rally continues without rejection, the next major target is $0.33, a former support level that could now act as resistance. A successful reclaim of this level would strengthen the case for a mid-term bullish market structure.

That said, the token remains well below the 1D EMA200, a key resistance zone where bearish pressure could emerge. A decisive breakthrough and retest of this level would signal a potential push toward new all-time highs.

image 232 1
SEI Defies Market Chaos with 18% Surge: Bullish Breakout in Play 12

For now, SEI remains a trader’s market, offering both long and short opportunities at critical price levels. As the broader crypto market stabilizes, the token’s ability to sustain its momentum will be closely watched by investors and traders alike.

Related Reading | Bitcoin Consolidation Ends Soon? Key Dates Identified for Breakout

Filed Under: News, Altcoin News Tagged With: SEI Bullish Breakout, SEI Price Analysis, SEI Price News, SEI Price Prediction

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