Features Crypto News by Thebittimes.Com

While Cardano (ADA) saw a notable move to the upside in November of 2024, as the wider crypto market entered a bull run, prices quickly receded.  As a result, the digital asset provided a 47.2% return over the course of the year. Those results aren’t bad, by any stretch of the imagination — but they are relatively lackluster when compared to notable peers and rivals such as Solana (SOL), which secured a 77.03% gain in the same period. By press time on January 31, the price of Cardano was $0.97124. Since the start of 2025, ADA has seen an 11.56% surge in price — although it has struggled to reclaim the $1 mark since January 20. Picks for you DeepSeek predicts Gold price for end of 2025 18 mins ago LayerZero cross-chain messaging protoco...

The parents of former FTX CEO Sam Bankman-Fried, who was sentenced to 25 years in prison last year for his role in the exchange’s collapse, are reportedly exploring the possibility of obtaining a presidential pardon for their son. In a Jan. 30 report , Bloomberg cited anonymous sources who said that Bankman-Fried’s parents, Stanford Law professors Joseph Bankman and Barbara Fried, have already met with people close to the Donald Trump administration to determine whether clemency is possible. White-Collar Defendants Submit Clemency Requests To Trump Administration President Trump is seen as a powerful ally for the digital asset industry. While that might not be enough to absolve Bankman-Fried of his sentence, there is growing hope among white-collar defendants that Trump is open to hearing their cases. Before considering Sam Bankman-Fried for a pardon, how about Edward Snowden? pic.twitter.com/DcvEc46Btl — TaraBull (@TaraBull808) January 30, 2025 According to w...

Pardoned Silk Road founder Ross Ulbricht — or somebody who controls his wallet keys — has seemingly lost around $12 million on two disastrous trades on memecoin platform Pump Fun. Ulbricht, who was pardoned by President Donald Trump earlier this month, had been receiving donations, including Solana (SOL), from the crypto community throughout his 10-year prison stay. While most assumed he’d simply sell these assets upon his release, the world learned today that he — or someone who controls his keys — has instead been trading on Pump Fun . Unfortunately, the wallet’s owner made a catastrophic mistake on at least two Solana orders and lost an estimated $12 million . To make things worse for Ulbricht, he lost the funds to a sophisticated Maximal Extractable Value (MEV) bot operator, meaning he’s not even able to claim that he was giving back to his community of supporters. Ulbricht accidentally created a Constant-Product Market Maker ...

As much as Donald Trump’s re-election triggered a massive rally across multiple assets, XRP significantly benefited from the confirmation that the now-former Securities and Exchange Commission (SEC) Chair Gary Gensler would resign on January 20. Indeed, the events of the final months of 2024 caused a storm, sending the token from $0.51 on November 1 to a high near $3.35 and, finally, to its press time price of $3.20. All in all, XRP has rallied a total of 492.16% by January 30, 2025, since the start of November. XRP 6-month price chart. Source: Finbold Still, the performance since the January 20 Trump inauguration and Gensler’s resignation has been substantially more tame. Picks for you Nexo wins the Most Exciting Payments Solution of 2025 INATBA award  2 hours ago ...

The newly rebranded layer-1 blockchain Sonic (S) is being called the “golden standard” of layer-2s (L2s) by Andre Cronje, the project’s co-founder. Cronje claims on the social media platform X that Sonic, formerly known as Fantom, is the “only actual decentralized stage 3 L2.” “No fee extraction, all submits 100% to ETH, no ‘centralized value extraction’. Decentralized sequencing. Decentralized bridges. While the rest of the L2s continue to fake pretend to ‘decentralize’ (why would they when they get millions of fees per year?), we already did it. Scaled transactions per second to 16,000+ on the L1. Decreased storage by 98% even on archival nodes. Scaled L1 and jumped to the ‘golden standard’ of L2. Not even mentioning FeeM, FeeSub, and Dynamic Fees.” A South Korean computer scientist launched Fantom (FTM) in 2018. The project aimed to serve as a tool to aggregate smart contracts into ...

The world’s largest corporate holder of Bitcoin (BTC), MicroStrategy (NASDAQ: MSTR), was one of the best-performing stocks in the Nasdaq-100 index in 2024. Over the course of last year, the price of a single MSTR share surged by 342%.  Since the beginning of 2025, MicroStrategy stock has rallied by 17.33% and was changing hands at a price of $339.81 at press time on January 29. MSTR stock price year-to-date (YTD) chart. Source: Finbold MicroStrategy’s fate is directly tied to Bitcoin’s performance — and although the company’s co-founder and chairman, Michael Saylor, has recently softened his stance on other cryptocurrencies, the business is still all in on BTC, and has not included other digital assets in its holdings. Picks for you DeepSeek AI predicts Bitcoin price for end of 2025 2 hours ago ...

At the start of the week, the emergence of DeepSeek AI had all of Wall Street in a state of panic. One of the most affected companies was the industry leader, Nvidia (NVDA), although its 12% drop to start the week, as experts are saying that comeback could be in store. It wasn’t just its share price that was affected, as the AI chipmaker lost $600 billion in market cap. The falling value was the greatest single day lost in the stock market history, with many concerned about its prospects. However, bouncing back 6% already Tuesday, there are many who believe the start of the week may be an outlier. Source: Fortune Also Read: Nvidia’s $600B Stock Crash: How DeepSeek’s AI Breakthrough Shook the Market Nvidia (NVDA) Could Bounce Back to Epic Heights as DeepSeek AI Panic Subsides The arrival of 2025 brought with it big expectations for one of the leading US stocks. Indeed, Nvidia was projected to repeat last year’s performance and be a big winner on Wall Street. With the company ...

The Flockerz price has pumped 46% in the last 24 hours to trade at $1.70 as of 02:13 a.m. EST on trading volume that surged to $2.33 million. The surge in the FLOCK price has made the crypto the number 1 trending token on CoinMarketCap. Flockerz Price Aims For A Breakout The FLOCK price Analysis on the 5-minute chart displays a significant price surge followed by a steep correction, forming a falling wedge pattern.  After an initial parabolic rise, a sharp rejection occurred, leading to a consistent downtrend with lower highs and lower lows. Currently, the price is consolidating within a tightening wedge, suggesting a potential breakout.  The upper trendline, acting as resistance, has capped multiple breakout attempts, while the lower trendline, serving as support, has consistently prevented further decline. Despite the pattern, the price of Flockerz is still up 46% and shows signs of a breakout, according to GeckoTerminal data.  A breakout could push the pric...

The Jupiter price surged more than 15% in the last 24 hours to trade at $1.16 as of 9:56 p.m. EST as investors go long on the altcoin. This jump in the JUP price comes after the project’s founder, who goes by “MEOW” online, announced plans at the Catstanbul 2025 event for a $3 billion token burn and revealed that the platform will use 50% of its fees to buy back tokens. 🚨JUST IN: @JUPITEREXCHANGE'S FOUNDER, "MEOW," ANNOUNCES A $3B $JUP TOKEN BURN AND REVEALS THAT THE PLATFORM WILL USE 50% OF ITS FEES TO BUY BACK JUP TOKENS — BSCN Headlines (@BSCNheadlines) January 27, 2025 Jupiter Price Approaching Resistance 1-hour chart for JUP/USD (Source: GeckoTerminal ) The Jupiter price is attempting to overcome the resistance level at $1.1926 after printing multiple higher highs and higher lows on the 1-hour chart in the last few hours, according to GeckoTerminal data . Should the altcoin manage to break above this barrier within the next 4 hours, it coul...

Singularity Finance, the first AI-centric EVM-compatible Layer 2 blockchain, announces collaboration with Particle Network, a prominent Chain Abstraction infrastructure provider, as shared with Finbold on Monday, January 27. With this collaboration, Singularity Finance’s ecosystem will significantly benefit from Particle Network’s Universal Accounts through Chain Abstraction. The joint effort will allow users to connect to artificial intelligence, real-world assets (RWAs), and decentralized finance (DeFi). Joining funds also means that this effort will be able to address crucial obstacles in blockchain adoption, such as expanding accessibility and unblocking interoperability across both networks. Incorporating Universal Accounts in the SFI ecosystem allows users to seamlessly apply any DApps on the SFI chain using tokens available on other chains. Picks for you ...

The global non-fungible token market has continued to record positive growth this new year. For the third week, the NFT market has been buzzing in terms of trading sales volume. In the past seven days, the NFT market has raised a trading sales volume of $186 million, up 5.05% from the previous week. In this article, we shall comprehensively explore the state of NFTs in the past seven days. NFT Sales Surge +5% In The Past 7 Days Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, shows that the NFT market has recorded positive gains again this week. From January 20 to January 27, 2025, the global NFT market has attracted a trading sales volume of $186 million, up 5.05% from the past week. The global NFT market raised $186 million the previous week. Ethereum, the blockchain network renowned in the NFT market for powering the majority of top NFTs, has been this past week’s most-traded blockchain network...

Exciting developments are underway as Snek is set to be listed on Kraken, a notable cryptocurrency exchange. While Kraken isn’t considered a tier-one exchange like Coinbase or Binance, this decision is a significant step forward for both Snek and the broader Cardano ecosystem. Kraken’s listing includes 23 coins, with $SNEK standing out alongside other unique tokens, showcasing the growing recognition of meme coins in the crypto world. This listing is not just a boost for Snek but also a vital move for Cardano’s ecosystem, which has been struggling with liquidity issues. The Cardano network has yet to see many of its tokens listed on major exchanges, forcing users to rely heavily on decentralized exchanges (DEXs). Snek’s availability on Kraken, especially with a potential USD trading pair, could provide the much-needed liquidity and attract more U.S.-based traders into the Cardano ecosystem. $SNEK will be lisssted on @krakenfx pic.twitter.com/ZOy7eXaFxq ...

The Bitcoin price has climbed 1.5% in the last 24 hours to trade at $104,653 as of 8 p.m. EST on a 50% slump in trading volume to $47 billion. This comes as Nasdaq filed a request to the Securities and Exchange Commission to allow it to make in-kind redemptions for BlackRock’s iShares Bitcoin Trust (IBIT). JUST IN: BlackRock's Bitcoin ETF now allows in-kind redemption, enabling investors to exchange their shares for actual Bitcoin instead of cash. pic.twitter.com/3zeKqZj2Bp — Michael Saylor ⚡ Founder of MicroStrategy (Parody) (@Saylorsatsire) January 24, 2025 The move would let institutional investors trade IBIT shares directly for Bitcoin, enhancing efficiency and responsiveness to market demand. Retail investors, however, remain excluded from this process. Initially, the SEC required cash-only redemptions when approving spot Bitcoin ETFs, avoiding direct Bitcoin handling by brokers. BlackRock’s IBIT, now the largest spot BTC ETF, has attracted $40 billio...

Michael Saylor celebrated what he is calling “The Crypto Renaissance” after Donald Trump signed a pro-crypto executive order. This confirms the so-awaited crypto regulatory shift in the United States, and also a shift in Saylor’s formerly known Bitcoin (BTC) maximalist stance. The recent post, however, has created some controversy among the cryptocurrency group known as “Bitcoin Maximalists.” This faction of BTC supporters believe Bitcoin is the only legitimate and worth digital asset in the world. Usually, its supporters will call everything that is not BTC a “shitcoin” or a scam. For example, the Bitcoin maximalist account on X, Pledditor , asked if “Can we bring this Saylor back?” Pledditor shared the image of a Michael Saylor’s post from 2022 that paints a different picture from the recent post. In the image, the investor says that “Those using the words crypto and Bitcoin interchangeably understand neither.” ...