Following the announcement, NEAR’s price rose by approximately 4% To launch the ETF, Bitwise needs to file a formal application with the SEC Delaware is a popular state for business registrations due to its business-friendly laws and tax advantages Bitwise, a major crypto asset manager, registered a NEAR ETF in Delaware, signaling potential mainstream adoption of the NEAR Protocol, which is a Layer 1 blockchain focused on scalability and user-friendly decentralized applications (dApps). News of the Delaware registration gave NEAR’s price a slight boost. NEAR’s price rose by approximately 4%, reaching slightly above $2.600. The NEAR Protocol is backed by the NEAR Foundation and has a history of big ecosystem funding. For instance, $800 million was allocated in 2021 to support growth, highlighting the ambition to compete with blockchains like Ethereum. For Bitwise, this is just an administrative step (first of many) that sets the groundwork for a potential ETF. To actually launch the ETF, Bitwise needs to file a formal application with the SEC, which would include information about the ETF, its investment objectives, fee structure, risks, and how it will tra… The post Asset Manager Bitwise Explores NEAR ETF with New Delaware Registration appeared first on Coin Edition .
2025-04-26 06:00
Lark Davis initiates a long position on XRP at $2.20, targeting $2.45 with a stop loss at $2.17. XRP is testing its 50-day EMA, with a bounce from the 20-day EMA signaling short-term strength. Broader outlooks suggest XRP could reach $10–$40 based on Elliott Wave analysis. Crypto analyst Lark Davis has watched XRP closely and has brought out a new XRP trading setup as the asset attempts to break through a major technical barrier. Davis shared on social media that XRP is currently testing its 50-day Exponential Moving Average (EMA). He feels this could be a setup for the price to move higher soon. Recent XRP Price Action and Support Test Davis also pointed out that XRP recently retested support at the 20-day EMA (yellow line) amid profit-taking moves from traders. For context, XRP posted notable green candles on Tuesday and Wednesday. During this time, the price moved up 11.5%, from $2.06 to $2.30, before retracing to revisit lows near $2.10. However, XRP has since bounced off this support, a sign of short-term strength from buyers. At press time, XRP is trading at $2.20, up 1.17% today. Meanwhile, analysts like Davis believe more upside is possible… The post Top Trader Reveals Fresh XRP Long Strategy: Entry, Targets, and Risk Levels appeared first on Coin Edition .
2025-04-26 05:30
449k ETH added by holders despite price dip $2,142 is seen as a critical recovery target Ethereum’s highly anticipated Pectra upgrade is scheduled to go live on May 7 A few days ago, Ethereum saw a historic single-day inflow of 449,000 ETH into accumulation addresses – wallets that have never spent funds. This marks the highest daily inflow since 2018, suggesting that these Ethereum whales are optimistic about Ethereum’s future, even though many remain underwater with a realized price of $1,981. This means that the purchased prices are higher than the current market price. Despite short-term losses, these holders are not panicking, and they remain convinced of Ethereum’s long-term potential. ETH Struggles at $1,895 Resistance Judging by technical analysis, Ethereum faces big resistance at $1,895, where approximately 1.64 million ETH is held by investors from November 2024. A decisive close above $2,142 is needed to break the current pattern of declining highs and lows, which would signal a potential bullish reversal. Also, active Ethereum addresses have increased by 10%, indicating growing network engagement. However, DeFi activity remains subdued… The post Ethereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm appeared first on Coin Edition .
2025-04-26 05:00
FLOKI price jumped 32%, outperforming top meme coins like Dogecoin. Analysts predict FLOKI could hit $0.00027 if breakout confirms. On-chain activity spikes: more transactions, active wallets, and holders in profit. Meme coin Floki Inu (FLOKI) is once again making headlines after a sharp price rally. Over the past 24 hours, FLOKI surged by more than 32%, outperforming other popular meme coins like Dogecoin and Shiba Inu. At the time of writing, Floki Inu is trading at $0.0000792, with analysts predicting that the coin could soon test the $0.0001 level if bullish surge continues. Crypto analyst Shiba Knight believes FLOKI may be on the verge of a major breakout. According to them, the meme coin is “at an interesting spot” and could soon see a powerful move upward. Notably, Floki Inu is the only one among the major meme coins from the last cycle — Dogecoin, Shiba Inu, and Floki — to actually hit a new all-time high (ATH) during the current market cycle. Related: ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant? Despite rising competition from newer tokens like PEPE, FARTCOIN and BONK, FLOKI has shown impressive strength a… The post Floki Inu (FLOKI) Surges Over 30% In a Week as Analysts Anticipate Breakout This Weekend appeared first on Coin Edition .
2025-04-26 04:30
OKX Pay Wallet will launch next week, focusing on stablecoin payments within the OKX app. OKX enters the U.S. market with a new headquarters in San Jose after settling compliance issues. Roshan Robert appointed CEO of OKX U.S. to lead regulatory engagement and compliance strategy. Major crypto exchange OKX is getting ready to launch a new payment service called OKX Pay Wallet. OKX Founder and CEO Star Xu announced the upcoming launch via a post on X, stating it’s scheduled for next week. Xu sees this as a key step toward wider crypto use, calling it “the road to billion-user crypto adoption.” This announcement comes after OKX separated its DeFi and self-custody wallet features into a standalone OKX Wallet app last month. OKX Pay Wallet Features: Stablecoins, P2P & Fiat Ramps While full details are still emerging, Xu shared screenshots showing some core features. Importantly, OKX Pay Wallet will be built into the existing OKX exchange app, not released separately. Based on Xu’s post, the wallet aims to make crypto payments easier using stablecoins like USDT and USDC. It will support peer-to-peer (P2P) transfers and payments to merchants, likely using QR… The post OKX Expands into Payments with OKX Pay Wallet Launch Following US Market Re-Entry appeared first on Coin Edition .
2025-04-26 04:00
Over 141,000 addresses holding 537 trillion SHIB are underwater at current prices. SHIB trades above the 50-day EMA and reclaims $0.000013, signaling bullish momentum. Failure to break resistance may push SHIB back to the $0.0000125–$0.0000130 support zone. Shiba Inu (SHIB) has reached a major milestone in its price movement, as recent market momentum pushes the popular meme token toward a critical resistance level that could determine its short-term fate. Following a 4% increase, SHIB is currently trading at approximately $0.0000140 and is moving closer to a formidable barrier that has historically prevented further upside. On-chain data from IntoTheBlock reveals a dense resistance zone between $0.000014 and $0.000017. This is where over 141,000 addresses currently hold more than 537 trillion SHIB tokens. This massive concentration is one of the largest clusters of out-of-the-money holders. These are investors who purchased SHIB at a higher price and currently wait for a return on investment. If Shiba Inu is unable to overcome this obstacle, selling pressure will rise as underwater holders take the opportunity to close out their positions at smaller los… The post Shiba Inu Approaches Critical Resistance Zone With 537 Trillion SHIB at Stake appeared first on Coin Edition .
2025-04-26 03:30
SEC drops Dragonchain lawsuit amid policy shift under the Trump administration’s guidance. DRGN token jumps 95% following the SEC’s decision to dismiss unregistered securities case. SEC’s new Crypto Task Force drives case dismissal and redefines regulatory engagement. The U.S. Securities and Exchange Commission (SEC) has filed to dismiss its 2022 lawsuit against blockchain infrastructure firm Dragonchain. The joint document, filed at the Seattle federal court on April 24, represents a major change within the agency’s new digital asset regulatory approach. The SEC accused Dragonchain of conducting an unregistered securities offering during its 2017 initial coin offering (ICO), alleging the company raised approximately $16.5 million by selling its DRGN token. According to the commission, the token fulfilled the legal requirements for security, thus requiring federal registration. Additional sales between 2019 and 2022 were also alleged to be unlawful. The SEC has officially dropped its case against Dragonchain, citing its new Crypto Task Force and policy shift. Another sign the agency is easing up on enforcement under a more crypto-friendly administrat… The post SEC Drops Dragonchain Lawsuit as Agency Revises Crypto Enforcement Approach appeared first on Coin Edition .
2025-04-26 03:00
Binance Alpha will list SIGN on April 28 at 11:00 UTC. Users with sufficient Alpha Points will receive airdrops. EthSign enables legally binding agreements via smart contracts. Binance Alpha is set to list EthSign ($SIGN) , a decentralized agreement protocol, on April 28th. Trading on Alpha begins at 10:00 UTC, followed one hour later by the full spot listing on Binance main at 11:00 UTC. This also marks SIGN’s debut on a major centralized exchange (CEX). The listing includes a Binance HODLer airdrop and another reward campaign based on the platform’s Alpha Points system. Binance Alpha prepares to list EthSign (SIGN) , a decentralized agreement protocol, on April 28, at 11:00 UTC. SIGN Tokenomics: Initial Supply & Airdrop Details According to the exchange’s announcement, a total of 10 billion SIGN tokens will be issued, with 1.2 billion unlocked at launch. Binance has kept aside 200 million SIGN for distribution via its 16th HODLer Airdrop. A separate batch will also be awarded to users who meet the required Alpha Points threshold. However, the exact threshold will be revealed on April 28th, so that participants get a fair shot to prepare … The post Users Holding BNB Can Qualify for EthSign (SIGN) Airdrop Ahead of April 28th Binance Listing appeared first on Coin Edition .
2025-04-25 23:30
JP Mullin acknowledges the recent financial losses and promises to rebuild trust in MANTRA. At TOKEN2049, JP Mullin to unveil ecosystem updates and improved governance protocol. OM Holdings burn commitment from Mullin aims to strengthen token integrity and rebuild trust. Mantra’s CEO, JP Mullin, responded to the community in a blog post , discussing what led to the large-scale emergence of significant losses among many of its users. Mullin said he understands the frustration and distress associated with such losses. He emphasised that the issue of trust is crucial to MANTRA and that he and his team are committed to rebuilding it. Mullin sought to reassure investors that everything possible is being done to find out the truth. The team is looking at what happened and how to prevent it from happening again. He expressed that additional efforts are needed regarding transparency, team commitment, and the decentralization of Mantra Chain . Mullin’s Upcoming Plan Mullin outlined his plans for the coming week, including attending TOKEN2049 in Dubai, where he will deliver a public update on MANTRA’s next steps. The update will cover new ecosystem developments… The post JP Mullin Addresses Losses, Vows Transparency and Ecosystem Development Ahead appeared first on Coin Edition .
2025-04-25 22:45
