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The PENGU token, tied to the popular Pudgy Penguins NFT collection, has experienced a sharp drop in value following a significant sell-off by large investors. Recent data shows that the Sigil Fund, a major holder of the token, moved a staggering 52 million PENGU tokens to exchanges, leading to a nearly 50% decline in price…
After weeks of sideways drift and selling pressure, PEPE (PEPE) is showing the first signs of a technical revival. Trading at approximately $0.00000817, the meme coin has bounced convincingly off a well-established demand zone between $0.00000760 and $0.00000790. This recovery marks a notable shift in momentum, as bulls attempt to reclaim dominance heading into mid-May….
Ethereum’s upcoming Pectra upgrade is being hailed as a transformative leap forward—one that could reshape how users interact with the blockchain and reignite ETH’s long-term momentum. According to Artemiy Parshakov, VP of Institutions at staking infrastructure provider P2P.org, this update puts Ethereum back on offense. “Pectra is honestly a game-changer,” Parshakov told crypto.news. “It’s the…
Bitcoin is once again knocking on the door of a breakout, testing the upper boundary of its recent trading range near $97.7K. The flagship cryptocurrency has risen 2.8% in the past 24 hours, driven by a confluence of bullish factors that could set the stage for a move above the psychologically critical $100K level. This…
Changpeng Zhao, the founder of Binance, has confirmed that his legal team has filed an official request for a US presidential pardon. This announcement comes a few months after Zhao dismissed rumors of a potential pardon deal involving the Trump family, which had made headlines in the Wall Street Journal. At that time, it was…
In a bold move signaling confidence in Bitcoin’s future, Japan’s Metaplanet has further strengthened its position in the digital currency market, raising $25 million through a fresh share issuance. This follows the company’s latest acquisition of 555 BTC, valued at a staggering $53.4 million, at an average price of $96,134 each. The Tokyo-listed firm now…
Ethereum has officially launched the Pectra upgrade, hailed by core developers as the network’s most ambitious transformation yet. Activated at 6:05 AM ET on May 7, the hard fork introduced groundbreaking changes aimed at enhancing usability, validator performance, and transaction scalability. Pectra marks Ethereum’s most significant advancement since the Dencun upgrade in 2024. Within minutes…
The KAITO token surged by over 40% on May 7, marking one of its strongest single-day performances yet. The sharp rally, which sent prices to an intraday high of $1.17 before settling near $1.13, reflects growing investor enthusiasm following a wave of strategic developments and technical bullish signals. At the core of this momentum is…
TRON is making waves in the crypto world with a record-breaking surge in stablecoin supply—but its native token, TRX, is still fighting to gain price momentum. According to DeFiLlama, TRON’s network now hosts $71.9 billion worth of stablecoins as of May 7, reaching an all-time high. This growth follows Tether’s latest $1 billion USDT mint…
Dogecoin (DOGE) finds itself in a delicate balancing act as traders eye key resistance and support levels heading into May 8. After slipping below $0.1680 last week, the meme coin is staging a mild recovery, trading near $0.1720 as bulls attempt to reclaim lost ground. A fresh diagonal support line on the 4-hour chart is…