Bitcoin’s downward trend accelerates as long-term investors increase selling pressure amid a strengthening US dollar. Despite strong Bitcoin ETF inflows, market sentiment remains bearish as traders shift toward privacy-focused alternatives, with growing concerns about quantum computing’s potential impact on cryptocurrency security adding to the prevailing cautious stance among investors.
about Bitcoin Slumps as Long-Term Holders Sell Amid Dollar StrengthDecred
1 posts last week
Monero Defies $2B Crypto Sell-Off With Privacy Rally
While a $2 billion market-wide liquidation event sent shockwaves through the cryptocurrency sector, Monero (XMR) emerged as a surprising bastion of strength, surging to an intraday high of $377.63. This rally, which saw the privacy-focused coin gain 4.4% in 24 hours and 13.4% over the past month, signals a significant capital rotation within the crypto market. Experts point to intensifying regulatory scrutiny and the looming 2026 mandate for exchanges to report wallet ownership as the core drivers fueling demand for financial anonymity, positioning established privacy projects like Monero as non-correlated havens.
about Monero Defies $2B Crypto Sell-Off With Privacy RallyPrivacy Coins Surge as Bitcoin Dips Below $104K
Privacy-focused cryptocurrencies are staging a dramatic counter-trend rally while Bitcoin and the broader digital asset market face significant declines. As Bitcoin dipped below $104,000 and total crypto liquidations exceeded $1 billion, privacy tokens like Dash surged 47.5% and Decred jumped 90% as investors seek transactional anonymity amid growing institutional scrutiny. This powerful movement represents a fundamental shift toward financial privacy as Bitcoin becomes more institutionalized.
about Privacy Coins Surge as Bitcoin Dips Below $104KThe Journey of Jake Yocom-Piatt and the Creation of Decred
Jake Yocom-Piatt, a physics graduate, co-founded Decred in 2014 to address governance issues in cryptocurrency by combining Proof-of-Work and Proof-of-Stake systems. Decred aims for decentralized decision-making and user sovereignty, evolving towards a fully automated Decentralized Autonomous Organization (DAO) while innovating in privacy and democratic processes.
about The Journey of Jake Yocom-Piatt and the Creation of DecredPrivacy Tokens Face Record Delistings Amid Growing Regulatory Pressure in 2024
Privacy tokens have faced a record delisting rate in 2024, with nearly 60 removals from centralized exchanges, primarily due to increasing regulatory pressure. Monero (XMR) experienced the most significant impact, with a sixfold increase in delistings, while exchanges like Kraken and Binance have removed access to these tokens. In contrast, platforms with less regulatory scrutiny, such as Poloniex and Yobit, have seen a surge in trading volume for privacy tokens, now accounting for nearly 40% of the market.
about Privacy Tokens Face Record Delistings Amid Growing Regulatory Pressure in 2024Innovative Projects and Token Presale Events in the Web3 Space
Solana’s recent dip to $130 halted its climb towards $200, prompting investors to seek alternative projects like DeeStream’s presale, which is rapidly running out of tokens. Kusama’s new bridge to Polkadot and Decred’s integration with Basic Swap DEX are attempts to attract attention and new investors in the Web3 space. Meanwhile, DeeStream’s upcoming Web3 streaming platform, with its limited token issuance and scheduled token burn event, aims to establish itself as a valuable project in the growing market.
about Innovative Projects and Token Presale Events in the Web3 SpaceDogwifhat (WIF) Meme Coin Skyrockets, Trader Makes $1.4 Million Gain
An anonymous trader made a fortune by investing in Dogwifhat (WIF) meme coin on the Solana blockchain, buying 2.58 million WIF tokens for $310 and selling them for $1.4 million, yielding a return of over 451,000%. WIF’s price surged to an all-time high of $0.6267, with a 46.77% gain over the past day and a 67.74% rise over the last month, leading to increased market capitalization and trading activity. The coin’s impressive performance has garnered attention and curiosity within the cryptocurrency community worldwide.
about Dogwifhat (WIF) Meme Coin Skyrockets, Trader Makes $1.4 Million GainExploring BRC20 Tokens’ Impact on Bitcoin’s On-Chain Performance
Cryptoken Board UÜ has published a research piece on the impact of BRC20 tokens on Bitcoin’s on-chain performance. The study explores how these tokens, which utilize the unspent transaction output model, have added utility to Bitcoin, transforming it beyond a peer-to-peer cryptocurrency network. The research includes detailed data reports and analysis on various aspects of Bitcoin’s financial model and performance.
about Exploring BRC20 Tokens' Impact on Bitcoin's On-Chain Performance