DeFI News by Thebittimes.Com

Non-fungible token items can be a good investment for some, offering massive returns and unique ownership of digital assets. However, they are also highly speculative and volatile. NFT projects heavily rely on a strong community for their success. Even though the technology behind NFTs is important, the community surrounding them drives engagement, marketing, and ultimately, the value of the NFTs themselves. In essence, a thriving NFT community acts as a network of enthusiasts who are passionate about the project, its art, and the community itself, ultimately contributing to its success and longevity. This investment insight makes the NFT marketplace coins one of the best digital assets to watch in 2025. Below, we have listed some of the most-selling NFT marketplace coins this week: 1. Magic Eden $ME $ME is the official token that powers the Magic Eden, a non-fungible token marketplace used for buying, selling, and trading NFTs across various blockchains, including Solana, Ethereum,...

Summary ⚈ SEC delays decision on Franklin Templeton’s XRP spot ETF to June 17, 2025, for further review and public input. ⚈ Analysts say the delay is procedural, similar to earlier Bitcoin and Ethereum ETF timelines. ⚈ U.S. approval could boost institutional interest in XRP, which remains below $3. The United States Securities and Exchange Commission (SEC) has extended its timeline for ruling on Franklin Templeton’s proposed spot XRP exchange-traded fund (ETF). The new decision date has been set for June 17, 2025, for the application submitted by the Cboe BZX Exchange on March 13, 2025, as confirmed in a regulatory filing on April 29. According to the application, the Cboe BZX Exchange seeks to list and trade shares of the Franklin XRP Fund under the commodity-based trust shares category. The SEC’s delay was reportedly driven by the need for more time to review the proposed rule change, as permitted under Section 19(b)(2) of the Securities Ex...

Ledger confirmed today that a letter claiming to be from the crypto wallet’s security team is a scam, and warned users to ignore it and keep their crypto wallet recovery phrases to themselves. The company was responding to crypto trader Jacob Canfield, who shared the scam letter on X yesterday. Canfield claims the scammers are “sending physical letters to the @Ledger addresses database leak requesting an ‘upgrade’ due to a security risk.”  It claims to be from Ledger’s “Security and Compliance” and asks users to give up their recovery phrase in response to a “ critical security update .”  “Failure to complete this mandatory validation process may result in restricted access to your wallet and funds,” the scam document reads.  Breaking: New scam meta launched. Now they’re sending physical letters to the @Ledger addresses database leak requesting an ‘upgrade’ due to a security risk. Be very cautious and warn any friends or family that you know is in crypto and is n...

Trump’s Bitcoin surge indicators are mounting as President Donald Trump returns to his previous Federal Reserve pressure tactics right now. Bitcoin’s historical performance following similar moves back in 2019 showed really remarkable price increases, and investors and analysts are watching Trump’s crypto stance closely for any signs of another potential Bitcoin price surge in the coming months. Also Read: Dirham Stablecoin Launch by IHC, ADQ & FAB Eases UAE Crypto Risks Could Trump’s Crypto Stance Spark Another Bitcoin Price Surge? Source: Watcher Guru Trump Pressuring Powell Again President Donald Trump has actually resumed his campaign against Federal Reserve Chair Jerome Powell, demanding immediate interest rate cuts. On his Truth Social platform just last week, Trump stated: “The economy is at risk of slowing down unless Mr. Too Late, a major loser, lowers interest rates, NOW.” This Trump Bitcoin surge strategy obviously mirrors his actions from ...

The US dollar is standing on the brink of a radical change. This change has been ushered in by the rise of a multipolar order, a currency narrative that has been promoting the rise of local currencies, jeopardizing the status of the US dollar. That being said, the US dollar has also been weakening lately due to the rising US tariffs ordeals, speaking to trade war fears. This development has been battering the US dollar, ushering in violent fluctuations and volatility for the currency to encounter. This narrative has also led three financial giants to issue warnings against the US dollar, adding how the USD is now standing on the precipice of a possible collapse. Also Read: Kazakhstan Breaks OPEC Unity—Commerzbank Warns of De-Dollarization! Three Financial Giants Issue Stark Warning to USD Source: Watcher Guru Deutsche Bank, in its latest report, has issued a warning concerning the US dollar. Trump’s tariff orders have led the US markets to face heavy scrutiny, ushering in USD vola...

XRP 2X ETF has finally received the green light as the SEC clears path for XRP ETF products that are set to launch on April 30, 2025. Right now, ProShares is actively finalizing preparations to introduce three futures-based exchange-traded funds, with the leveraged XRP 2X ETF option generating quite a lot of investor interest and attention. Also Read: Top Three AI Stocks To Buy Now to Rival Nvidia (NVDA) What XRP Investors Should Know About Market Volatility and ETF Launch Source: CoinMarketCap The XRP 2X ETF development comes at a time when market volatility in crypto continues to challenge investors in many ways. These structured products aim to provide more regulated exposure options despite all the ongoing price fluctuations that we’re seeing. ProShares XRP ETF Details ProShares‘ strategic approach includes three distinct XRP 2X ETF variants: a leveraged fund, along with short and also ultra-short alternatives. The SEC clears path for XRP ETF launch after no formal objec...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin (BTC) made its debut back in 2009. Today, the asset stands tall with enormous support from across the globe. But the path to this level wasn’t as easy. The king coin faced several hurdles along the way. From being linked to the dark web to being widely criticized by global leaders, BTC has endured it all. Things took a major turn for the asset towards the end of 2024. The impact of the halving event and Donald Trump’s endorsement pushed BTC beyond $100,000. This article dives into the growth of the world’s largest cryptocurrency over the span of two years. Also Read: Cardano Founder Predicts Ethereum’s Demise Within 15 Years Bitcoin’s Rise To Its All-Time High Source: Watcher Guru Bitcoin witnessed one of its best years yet in 2024. The asset jumped from a low of $49,121.24 to its all-time high of $109,114.88 within a span of 12 months. Sadly, the past two months have been challenging for the cryptocurrency. BTC dipped below the $70,000 mark, causing pani...

Shiba Inu (SHIB) experienced extraordinary price growth in its early days. SHIB made an astonishing price rise from its launch in August 2020 to reaching its all-time high at $0.00008616 in October 2021. The coin’s price grew by many million percent. Early investors earned significant profits by spending little capital on the market. New cryptocurrency investors loved SHIB significantly because of its speedy growth opportunities. Regular workers with normal employment have transformed into multi-millionaires because of this asset. People abandoned their employment positions to turn their aspirations into reality. Also Read: SEC Chair Paul Atkins Priority: Crypto Regulation Or Ripple (XRP) ETFs Two Brothers Make $9 Million after Investing in Shiba Inu Source: Watcher Guru New Yorkers Tommy and James are two brothers who will have their lives changed. During the period before 2020, the main income source of these individuals involved filming wedding ceremonies. The pandemic outbreak...

Gate.io to compensate users for outage losses — but there’s a catch Gate.io forced a surprise service outage on its users today. The giant crypto exchange, which claims to have processed over $4 billion in spot plus $17 billion in derivative volume over the last 24 hours despite the outage, partially apologized for the shutdown and promised to compensate users in the most confusing way possible. In an announcement, the exchange apologized “for any inconvenience caused” via a post on X. Executives then hyperlinked to a legal disclaimer that clarified, “We will provide 100% compensation for all customer losses incurred during the upgrade (excluding market factors).” Because a centralized exchange customer usually only has two ways to lose money — market price movements or outright theft — this language made it unclear what compensation was actually offered. The announcement prompted an AMA to “see exactly how payouts work.” Customers flooded into the space...

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