Author: Digicoinvision
Plasma founder Paul Faecks denied accusations of insider selling after the project’s native token, XPL, dropped by more than half its value over the weekend. On Thursday, Faecks rejected speculation that the team offloaded tokens into the market, stressing that investor and team allocations remain locked for three years with a one-year cliff. “No team members have sold any XPL,” he said.Plasma officially launched its mainnet beta along with its native Plasma (XPL) token on Sept. 25. The layer-1 blockchain is designed to make stablecoin payments cheaper and faster. Following the launch, XPL spiked to almost $1.70 on Sunday before tumbling…
Plasma founder Paul Faecks denied accusations of insider selling after the project’s native token, XPL, dropped by more than half its value over the weekend. On Thursday, Faecks rejected speculation that the team offloaded tokens into the market, stressing that investor and team allocations remain locked for three years with a one-year cliff. “No team members have sold any XPL,” he said.XPL spiked to almost $1.70 on Sunday before tumbling steadily to $0.83 by Wednesday, erasing more than 50% of its value, according to TradingView data.Because of the dramatic drop, many community members suspected that the team may have engaged in…
Ethereum price has managed to break through the $4,400 psychological ceiling as it starts to test the resistance levels. Market indicators point to a bullish breakout on the horizon. Summary Ethereum price surpasses the $4,400 threshold, holding out above the previous resistance level and the 30-day moving average. If ETH fails to hold up above these levels, the token could see a deeper correction that could send it tumbling back to the $4,350 to $4,360 range. Ethereum’s surge above $4,400 is driven by strong macro and sentiment-driven catalysts. One of the main drivers of the rally is the growing market…
Key Takeaways How is Visa’s stablecoin initiative expected to impact global payments? It aims to reduce transaction fees, improve cross-border efficiency, and boost liquidity for businesses. Why is Solana gaining traction in the stablecoin space? Its fast, low-cost infrastructure has made it the preferred blockchain for new stablecoin launches like USD1. Visa, the global payments network, has unveiled plans to launch a stablecoin under its Visa Direct initiative. The announcement, made at SIBOS 2025, is expected to lower transaction fees, improve cross-border payments, and unlock additional liquidity in the market. Visa said businesses will be able to fund cards directly…
Canaan has signed a colocation agreement with Soluna to host 1 EH/s of its Avalon 15XP bitcoin miners as the manufacturer seeks to turn inventory surplus into proprietary mining expansion in North America. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional […]
Integral announced the launch of Primeone, which the company describes as the world’s first stablecoin-based crypto prime brokerage. Built on the Codex Layer-1 EVM blockchain, Primeone integrates institutional-grade credit, trading and net settlement into a single platform that lets clients trade with market makers and exchanges through one account. The platform uses USD stablecoin margin […]
In 2025, the race for exponential growth in crypto markets is being defined by presales, utility-driven blockchains, and powerhouse exchange coins. Every cycle produces projects that capture global attention, but this October stands out with three coins moving on entirely different tracks yet converging on the same destination: massive upside potential. At the heart of the story is Bull Zilla, a cinematic presale monster with a Mutation Mechanism that ensures dynamic growth as stages progress. Alongside it, Bitcoin Cash (BCH) holds steady with its focus on scalability and real-world adoption, positioning itself as a blue-chip payments solution. Meanwhile, Binance Coin…
Digital asset treasury companies will eventually consolidate under a few larger players as the cycle matures and companies try to attract investors, according to Coinbase’s head of investment research, David Duong.Speaking to Cointelegraph, Duong said outside of strategies to boost share prices, “companies may start to pursue mergers and acquisitions, much like the recent Strive and Semler Scientific deal, as we approach the more mature phases of the DAT cycle.”Asset manager turned Bitcoin treasury company Strive announced on Sept. 22 that it was acquiring fellow DAT Semler Scientific in an all-stock transaction.Source: Strive At the same time, Duong said, DATs are…
Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for unlicensed money transmission and the jury’s hung counts for money laundering and sanctions violations, arguing prosecutors failed to prove he intended to help bad actors misuse the crypto mixer.According to legal documents filed on Sept. 30 to the US District Court for the Southern District of New York and reviewed by Cointelegraph, Storm’s defense argued prosecutors failed to prove he intended to help bad actors use Tornado Cash. This, according to the defense, would nullify the grounds for his conviction…
On-chain data shows the Bitcoin short-term holder RVT has plummeted recently. Here’s what history suggests could happen next for BTC. Bitcoin Short-Term Holder Realized Value RVT Is Approaching Cycle Lows In a new post on X, on-chain analytics firm Glassnode has shared the latest trend in the Bitcoin Realized Value RVT of the short-term holders. The Realized Value RVT is an oscillator that measures the ratio between the sum of profits and losses being realized by BTC investors, and the total transfer volume on the network. In simple terms, what the metric tells us about is whether holders are participating…