Crypto News
APENFT Lists on Kraken with $90,000 Reef Program Airdrop, Expanding TRON’s Global Footprint
This content is provided by a sponsor. PRESS RELEASE. Singapore, March 21st, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, today announced the listing of APENFT (NFT), a key token in the TRON ecosystem. The listing introduces APENFT/USD and APENFT/EUR trading pairs. In addition to the listing on Kraken, a Reef Program airdropSource link
CryptoQuant’s Bull Score Index Falls to Two-Year Lows Signaling Pain for BTC Bulls
Short-term price dips are par for the course in bitcoin’s (BTC) bull markets, but one indicator suggests the current decline from recent highs may reflect a deeper structural shift in market dynamics.Bitcoin was trading around $84,000 as European morning hours on Friday, a 23% drop from its January peak of $109,000. The fall has rattled investors and fueled debate over whether this marks the start of a new bear market or a fleeting correction within a broader bullish trend.Such pullbacks are not uncommon — BTC has weathered similar declines in past bull cycles, often rebounding to new heights. Yet, on-chain analysis firm CryptoQuant’s Bull Score Index, a composite metric designed to gauge bitcoin’s market health, shows signs of deeper weakness.The...
Strategy Raises $711M to Buy More Bitcoin in Upsized STRF Perpetual Offering
Strategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest preferred stock issue.The company sold 8.5M shares of its 10% Series A Perpetual Strife Preferred Stock at price of $85 each, raising roughly $711.2M. Strategy initially had hoped to raise $500M.The latest series of preferred stock differs from the original STRK in that it comes with a higher coupon (10% versus 8%) and has no common share conversion provision.The company at last check owned more than 499,200 bitcoin, so this coming fresh round of purchases should take the Strategy stack well above 500,000 tokens.MSTR shares are down marginally in premarket action to just under $300. Bitcoin is steady...
Ethereum DeFi Platform Zoth Hit By $8.85 Million Hack
The hack, likely the result of a private key falling into an attacker's hands, is the second to hit the real-world asset platform in a month.Source link
Base Has Siphoned $50B From Ethereum, Standard Chartered Says
The bank’s analysis also cut the 2025 ether ( ETH) price target by 60% to $4,000, down from $10,000 previously. Standard Chartered: Base Diverts $50B from Ethereum At first glance, it would appear that the success of Base, the top Ethereum layer-two (L2) network by total value locked (TVL) would benefit the Ethereum ecosystem, butSource link