DeFI News by Thebittimes.Com

The popular platform for launching new Solana tokens, Pump.fun, is experiencing a noticeable downturn, raising concerns about its long-term sustainability. Recent data reveals a sharp drop in token graduations, a significant slowdown in new token launches, and a decline in trading volume. Only 11,332 tokens have graduated this month — less than half of the 24,008 recorded last month. The trend is even more striking on a weekly scale, with just 517 graduations this week compared to 2,184 the week prior. Meanwhile, tokens in other asset classes are rallying, particularly cost-effective tokens, as traders shift their focus. Interest is gravitating toward emerging projects, with many of the most viewed cryptos on GeckoTerminal gaining traction.  Most Viewed Cryptos on GeckoTerminal to Watch AIXBT is currently valued at $0.2005, a 5.79% decline. In contrast, SHREK has surged 800.28% and is now priced at $0.00068. Meanwhile, DEFAI has dropped 17.47% and is trading at $0.003441....

From the day the Jay Clayton-chaired Securities and Exchange Commission (SEC) filed its lawsuit against Ripple in December 2020, the final outcome has been up for debate. According to one side, commissioners would obviously prevail on the merits of SEC v. Ripple et al. In contrast, investors who appreciated the thousands of percentage point gains in XRP’s price since its Initial Coin Offering (ICO), found it hard to sympathize with the SEC’s attempt to protect investors from non-existent harm.  The lawsuit was born into controversy. Clayton resigned as chairman one day after commissioners jointly filed their SEC lawsuit, suspiciously stepping down from his term six months early. Without explaining itself, the SEC also dropped its personal charges against Ripple co-founders Chris Larsen and Brad Garlinghouse.  As litigation dragged on, certainty about any particular outcome faded. Ripple’s well-paid lawyers guided the suit through proceedings for years with no final decisi...

Chainlink (LINK) is in the midst of a strong downspell, falling 16% in the past week. Analysts are worried that a further 15% drop could be ahead for the altcoin. The Chainlink (LINK) cryptocurrency has dropped significantly in 2025 so far, with bears sending the asset down 32% in the past month alone. After a solid end to 2024, investors were bullish on LINK entering the new year. However, the cryptocurrency has failed to pick up any steam. Currently, analysts suggest that a fall to $12.60 is possible if LINK drops below $15. Chainlink hasn’t fallen below $14 in 2025 yet, but might be on its way to doing so. As a result, even crypto whales are selling off their assets seemingly. According to Ali Charts, a crypto analyst on X, whales have moved nearly 610,000 Chainlink (LINK) tokens to exchanges in the past 24 hours, signaling increased selling pressure. The selloff prompted the asset to drop further this week, creating more worry around the altcoin amongst investors. How Much Fur...

Shares of Bitcoin investor Strategy plummeted 11% in the last 24 hours and almost 26% in the past five days, hammered by Bitcoin’s nosedive below $90,000 and a broader crypto market rout. After a 3% drop in the past 24 hours, Bitcoin trades at $88,464.63 as of 1:02 a.m. EST. The king of cryptos has slumped 7% in the past week. Strategy Stock Price Tumbles Amid Broader Crypto Market Correction Some investors saw MSTR’s pullback as an opportunity to buy the dip, leading to the firm’s share price climbing over 1% in after-hours trading. Despite the correction, some analysts are still bullish on MSTR. Among them are analysts at stock researcher Benchmark, who raised their price target for MSTR to $650 on Feb. 6. It closed yesterday at $250.51 Some Question The Sustainability Of Strategy’s Bitcoin Accumulation  The sudden drop in MSTR’s price over the past 24 hours has led some analysts to question the sustainability of Strategy’s Bitcoin buyi...

The de-dollarization narrative is yet to die down completely. With Donald Trump busy deploying aggressive tariffs on nations, the retaliatory forces have become quite active, mulling over launching counter-tariffs on the US. At the same time, 2 leading economies have decided to ditch the US treasury bonds, ending their reliance on the US dollar to bag gold in an attempt to stabilize their economic strata. Will this phenomenon derail the US economic anatomy and usher in de-dollarization? Let’s find out. Also Read: Changpeng Zhao’s Personal Crypto Portfolio Unveiled—What’s Fueling His Fortune India and China Are Bagging Gold Source: Finbold India and China, the two global superpowers, have decided to depend on gold and have decided to move away from US Treasury bonds. Per a recent post uploaded by the Kobeissi Letter, India and China have lately been diversifying their holdings, moving away from the dollar in all ways. This includes a pattern in which both nations have dumped US Tre...

Coinbase CEO Brian Armstrong says that memecoins are the canary in the coal mine, foreshadowing a broader trend of the tokenization of culture. In a new interview with CNBC, Armstrong says he expects memecoins to eventually lead to the tokenization of identities, votes and art. “Memecoins in the broadest sense, I think we should find a way for artists to get paid. Anyone should be able to put artwork and get paid for it. I do think memecoins are a canary in the coal mine, that more and more of the world is going to get tokenized and put on-chain. Every asset class, every vote, every identity, every song, every Instagram post, whatever – in the future I think more and more of these things are going to tokenized. Now, we also need to make sure people are following the law and not doing pump-and-dump schemes or insider trading, and there probably has been a little bit of that in the memecoin space which is not helping anybody. In every crypto cycle, there seem...

The XRP price dropped 3% in the last 24 hours to trade at $2.48 as of 03:24 a.m. EST on trading volume that surged 51% to $3 billion. This pullback in the Ripple token price comes as the Federal Reserve officially recognized the efficiency, security, and scalability of Byzantine Fault Tolerant (BFT) consensus mechanisms in a research paper discussing secure payment systems. This acknowledgment reinforces the relevance of digital assets such as XRP, Stellar Lumens (XLM), and Hedera Hashgraph (HBAR), which utilize variations of BFT-based consensus mechanisms. ‼️ FEDERAL RESERVE OFFICIALLY EMBRACES BFT, CEMENTING XRP, XLM, AND HBAR’S ROLE IN SECURE PAYMENTS‼️ The Federal Reserve has officially acknowledged the efficiency and scalability of Byzantine Fault Tolerant (BFT) consensus models in a research paper discussing a secure payment… pic.twitter.com/2pJ0j2Nx8U — SMQKE (@SMQKEDQG) February 21, 2025 Ripple Token Price Analysis: Bullish Wa...

Due to their robust price swings and increasing market interest, Akash Network, OriginTrail, Gnosis, and DeXe are drawing in investors. In addition to capitalizing on market trends, these top crypto gainers contribute something special by addressing pressing issues in prediction markets, supply chain transparency, decentralized computing, and DAO governance. Biggest Crypto Gainers Today- Top List What’s driving these tokens upward? Is it strategic partnerships, groundbreaking developments, or simply growing recognition of their potential? Understanding why these assets are surging can help investors identify opportunities in the ever-evolving crypto landscape. If you’re looking for the next big thing in blockchain, these top crypto gainers today might just be worth a closer look. 1. Akash Network (AKT) With its decentralized marketplace for computing resources, Akash Network is transforming the cloud computing sector. This cutting-edge platform promotes a more productiv...

The XRP price plunged 3% in the last 24 hours to trade at $2.57 as of 11:28 p.m. EST on trading volume that rose 48% to $5.2 billion. The Ripple token’s performance continues to be volatile, driven by shifting sentiment around the Securities and Exchange Commission (SEC) case against the sale of XRP. Much of XRP’s recent strength comes from speculation that the SEC may abandon its appeal, allowing Ripple to operate without looming legal threats. Arthur Azizov, CEO at the crypto business B2BinPay, bullishly believes that XRP could reach a price range of $5 to $7 in the first half of 2025. Despite being the 3rd largest cryptocurrency by market cap (excluding Tether as a stable coin), no mention of XRP below. I’m surprised considering XRP is one of the few cryptocurrencies to finish December trading in the green. I don’t do price predictions but Barron’s recently… https://t.co/scamKncLKT — John E Deaton (@JohnEDeaton1) January 1, 2025 XRP...

The rising tensions between the West and the global South have driven growing geopolitical concerns. With economies preparing for the worst, the BRICS bloc has made a major announcement regarding the US dollar amid President Donald Trump’s 100% tariff warning. During his most recent tirade targeting the alliance, Trump proclaimed that “BRICS is dead.” He noted that the nation seeking to lead a de-dollarization trend in the global economy would face unprecedented import taxes. Now, the bloc has responded, and it could give insight into how far this conflict will go. Source: NY Post Also Read: Trump Threatens Trade War: Warns of 100% Tariffs on BRICS BRICS Speak Up on US Dollar as Trump Tariff Looms Large Less than two months into his second nonconsecutive term as US President, Donald Trump has made his efforts to preserve the dollar one of his most important missions. That is clearly seen in the action he has taken against the BRICS alliance. The group has sought to les...

The Impact of AI on Cryptocurrency Mining Efficiency! Cryptocurrency mining has evolved significantly since the inception of Bitcoin. As the industry grows, so do the challenges related to energy consumption, hardware optimization, and profitability. Enter Artificial Intelligence (AI), a game-changer in the quest for more efficient and sustainable mining operations. How AI is Transforming Crypto Mining 1. Energy Optimization and Cost Reduction One of the biggest challenges in crypto mining is energy consumption. AI-powered algorithms can analyze real-time data to optimize power usage, reducing electricity costs and environmental impact. By dynamically adjusting mining parameters based on electricity rates, AI helps miners maximize profitability while minimizing wastage. 2. Predictive Maintenance for Mining Rigs Mining rigs operate under extreme conditions, often leading to overheating, hardware failures, and reduced lifespan. AI-driven predictive maintenance tools can forecast poten...