Arkham Intelligence detected a massive Bitcoin transaction from Nucleus Marketplace, a dark web drug market that has been totally inactive for nine years. Nucleus moved $77.5 million to three wallets, leaving $365 million behind.
So-called “ancient” Bitcoin whales pop up in the space periodically, but an extant darknet vendor is still quite rare. Nucleus’ assets have appreciated in value astronomically, but it will be very difficult to convert this BTC into fiat currency.
Dark Web Bitcoin Whale Wakes Up
If there’s one constant in the crypto space and finance more broadly, it’s that money never sleeps. Earlier today, on-chain analysis firm Arkham Intelligence discovered rapid action from a long-dormant source.
Nucleus Marketplace, a darknet market with zero activity in the last nine years, woke up to move over $77.5 million worth of Bitcoin.
“Nucleus Marketplace was a darknet drug market, and it was believed that the founder had either been apprehended by law enforcement or had exit-scammed when the market went offline in 2016. The BTC held in their wallets has not been moved until today,” Arkham claimed.
This defunct darknet market didn’t immediately move all its Bitcoin, and Nucleus still retains about $365 million in BTC. The price of Bitcoin has shot up astronomically since the company’s heyday; at no point in 2016 did BTC cross the $1,000 price point.
Whoever controls this wallet is acting somewhat conservatively, moving these assets into three separate wallets.
Darknet market transactions are somewhat less common, although a few remain at large despite major legal crackdowns.
As novel as this darknet wallet may be in 2025, it doesn’t seem too likely to have much of an impact on Bitcoin. At the moment, it’s impossible to tell who is controlling Nucleus’ wallet, be it an original operator, associate, or hacker.
Regardless of who controls the wallet, it would be very difficult for anyone to convert this BTC into fiat without notice. These wallets are constantly monitored, and any suspicious activity could trigger community actions.
Dogecoin (DOGE) is currently experiencing a downward trend, aligning with the broader crypto market trend. Despite this prevailing bearish period, analysts and experts remain bullish about the meme coin’s potential uptrend. However, the Dogecoin price could plummet to $0.015, if it fails to challenge the significant support level.
Will Dogecoin Price Slip to $0.015?
According to Ali Martinez’s analysis, Dogecoin’s price has been following an ascending channel since 2014. Historically, DOGE has bounced back from the channel’s lower support trendline to the upper resistance trendline, only to drop back down.
However, DOGE has now reached a critical juncture. If it breaks below the $0.19 support level, it may trigger a sharp correction to $0.015.
This bearish prediction aligns with DOGE’s current performance. As of press time, DOGE is trading at $0.2029, with a dip of 2.87% over the last day. Despite a 7-day increase of 7.5%, Dogecoin plummeted by 23% over the past month.
Is a Rebound Possible?
Though analyst Ali Martinez cautions traders about a possible pullback, others remain optimistic about Dogecoin price. Solbert Invest predicts a potential big move for DOGE, with $0.17 being the possible bottom. His notable forecasts for Dogecoin price include $0.57 and $0.82. He wrote on X, “DOGE is testing macro support—if it holds and we bounce, these targets could be in play.”
The surge in optimism for Dogecoin’s price is fueled by increased activity among DOGE “whales.” Recently, DOGE whales have snapped up over 150 million tokens, hinting at a potential price surge.
Furthermore, analyst Crypto Patel has identified the current levels as a key accumulation zone for DOGE, suggesting that investors are buying up the cryptocurrency in anticipation of a bullish rally.
Dogecoin Price May Reach $2.5 and Beyond
In Crypto Patel’s analysis, Dogecoin price is poised to reach $2.5 triggered by this accumulation zone. The technical analysis chart presented by Crypto Patel showcases Dogecoin repeating historical patterns. As per the chart, $0.320, $0.585, $1.501, and $2.5 are Dogecoin’s critical levels ahead.
Meanwhile, another popular platform, Crypto Daily Trade Signals, forecasted the DOGE’s bullish trajectory to $5. They presented an average directional index (ADX) chart for DOGE, highlighting the meme coin’s historical patterns that suggest a potential rebound. According to Dogecoin price prediction, the meme coin has the potential to hit $2020430 by 2025.
This Ethereum price forecast is a top-down analysis to determine key ETH levels ahead of President Donald Trump’s first Crypto Summit in the US. Let’s take a look at the Ethereum’s Time Price Opportunity (TPO) chart to determine two key levels where ETH could gravitate ahead of the first US Crypto Summit today.
In Thursday’s late New York trading session, Trump signed an executive order to establish a Strategic Bitcoin Reserve and National Digital Asset Stockpile. Bitcoin (BTC) briefly hit $90K before this announcement but BTC price crashed as Trump signed the executive order. This caused the ETH price to drop down to $2,000. What’s next for Ethereum?
Ethereum Price Today: When Will ETH Chop End?
Ethereum (ETH) price is down 1.40% today and currently trades at $2.173, continuing yesterday’s 1.75% drop. The last five days for ETH have been extremely choppy, with prices rallying as much as 13% in a day and then dropping 15% the next day.
Choppy market conditions are when the price fails to establish a trend and consolidates with above-average volatility.
Ethereum Price Forecast: ETH TPO Chart Shows 2 Key Levels to Watch Ahead of Crypto Summit
According to TradingView, the Time Price Opportunity (TPO) is a “Market Profile” and is used to “analyze market activity by price level as it develops over time.” A TPO chart provides a different perspective on “market dynamics and the distribution of prices by visualizing the blocks of time spent at each of the profile’s price levels and the sequence of level traversals within the profile’s period.”
Ethereum’s TPO chart shows two naked Points of control (nPOC) at $2,292 and $2,087. A POC is where the price spent the most time, and a naked POC shows that this level is untested after the day ended. Tagging this level leads to a strong reaction and can serve as support and resistance levels.
Therefore, the $2,292 and $2,087 are two Ethereum price levels that investors need to keep an eye on ahead of the Crypto Summit today.
ETH TPO Chart
ETH Top-Down Analysis
The Ethereum price chart with multiple time frame data lets us get a bird’s-eye view of what investors can expect next from ETH. The first three charts from the top left are the 1-month, 1-week and TPO charts. Following this are the 1-day and 4-hour charts.
The monthly & weekly Ethereum price charts show three key levels.
The monthly bearish imbalance, aka Fair Value Gap (FVG), at $2,551.
A key support level at $2,084, a breakdown of which could lead to a bearish development that could push ETH price down to $1,000.
The key resistance level at $2,857, a breakout above this barrier will potentially lead to a retest of $4,000 or new highs.
The TPO and daily chart further highlight the aforementioned nPOCs. The $2,292 and $2,349, serve as key short-term resistance levels. The nPOC at $2,087 serve as a stable support level.
Finally, the four-hour chart clearly shows Ethereum price holding the $2,086 support level, which is key to establishing the next trend. If the Crypto Summit announces more positive developments surrounding the cryptocurrency ecosystem, ETH price could bounce from $2,086 and tag $2,808, which closely coincides with the HTF levels noted on the monthly and weekly timeframe.
Ethereum Price Top-Down Analysis
Conclusion
Ethereum price is experiencing volatility ahead of the White House Crypto Summit, with key levels to watch at $2,292 and $2,087. A bullish Ethereum price forecast driven by an announcement at the summit could propel the ETH price higher to $3,000, while a lack of clarity might trigger a retreat below $2,000.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) pulled back slightly on Friday as focus shifted to the US nonfarm payrolls (NFP) data and Donald Trump’s crypto summit. BTC price retreated 2%, while ETH and XRP fell by 4.2% and 1.32%. This retreat could fade if the US publishes weak NFP data, which will lead to more US dollar index sell-off.
US Dollar Index Crashes Ahead of Nonfarm Payrolls Data
BTC, ETH, and XRP prices retreated even as the US dollar index (DXY) tumbled to the lowest level since November 5. It fell to $103.6, down by about 6% from its highest level this year as hopes that the Federal Reserve will slash interest rates rose.
US Dollar Index
The nonfarm payrolls data will likely provide more color about this. Economists expect the data to reveal that the labor market softened in February as tariff fears rose and as Elon Musk led a purge of the federal workforce. On Wednesday, a report by ADP showed that the private sector created 77k jobs, much lower than the expected 154k.
A weak labor report will increase the odds that the Federal Reserve will cut interest rates more times than expected. A dovish Fed would lead to a softer US dollar index, which would in turn propel Bitcoin’s price higher. In an X post, Jamie Coutts, the Chief Crypto Analyst at RealVision said:
“When looking at this recent move in the DXY through a historical lens, it’s challenging to be anything but bullish. I ran a signal screen for 3-day negative moves of more than 2% & -2.5% and found they have all occurred at Bitcoin bear market troughs (inflection points) or mid-cycle bull markets (trend continuations). “
Bitcoin, Ethereum, and Ripple prices will react to the Trump crypto summit. While this summit will be bullish for crypto, a pullback cannot be ruled out since market participants have already priced in it.
BTC, ETH, XRP Price Predictions
The crypto market will be in the spotlight after the US NFP and crypto summit. So, let’s explore some of the support and resistance levels of popular coins like BTC, ETH, and XRP prices.
BTC Price Forecast
The daily chart shows that BTC price is holding steady above the support at $85,000 and the 200-day Exponential Moving Average. It is also steadily above the lowest level this month. At the same time, Bitcoin has faced stiff resistance between $93,000 and $95,000.
BTC needs to surge above that resistance to confirm more gains to the psychological point at $100,000. A drop below the 200-day moving average at $85,850 will invalidate the bullish outlook and risk dropping to this month’s low at $78,100.
BTC Price Chart
ETH Price Technical Analysis
Ethereum price is hanging at a crucial support level ahead of the nonfarm payrolls data. It is trading at $2,190, a few points above the key support level at $2,123, the lowest swing on February 3, September, 6, and August 5 last year. That is a sign that there is an indecision among bulls and bears, with bears being fearful of going short below that level.
The most bearish Ethereum price forecastwill be confirmed if it drops below the year-to-date low of $1,996. A drop below that level will confirm the triple-top pattern that formed on the weekly chart and point to more downside. A bullish view will be confirmed if it moves above $2,553, the highest swing on May 2.
ETH Price Chart
XRP Price Technical Analysis
Like Bitcoin, XRP price does not have a well-defined trend ahead of the nonfarm payrolls data. On the daily chart, there are signs that it has formed a head and shoulders pattern, a popular bearish sign.
XRP Price Chart
This pattern means that the Ripple price predictionis bearish as long as it remains below the right and left shoulders at $2.90. This means that Ripple may crash below $2 as that CoinGape article predicted.
Meme coins are surging, with Peanut the Squirrel (PNUT)’s viral story fueling its rise, AI Rig Complex (ARC)’s integration of AI into DeFi, and Toshi (TOSHI)’s renounced contract boosting trust on Base. Meanwhile, SPX6900 (SPX) gains traction on Ethereum, and Brett (BRETT) expands with GambleFi innovations. Amidst these, a next-gen altcoin pounces onto the scene—JetBolt (JBOLT)—pulling in crypto whales left and right with its groundbreaking technology and cutting-edge ecosystem.
From innovation to community support, what are the best meme coins that could blast off? Could these six trending meme coins be the next to dominate the market? Let’s break down what makes JetBolt, Peanut the Squirrel, AI Rig Complex, Toshi, SPX6900, and Brett stand out as the top 6 trending meme coins to check out.
Best Meme Coins That Could Blast Off: A Snapshot Guide
Top 6 Trending Meme Coins To Check Out: A Thorough Walkthrough
JetBolt (JBOLT)
JetBolt (JBOLT) is igniting a frenzy across the market, already sending over 340 million JBOLT tokens off the shelves. With its futuristic cat mascot, JetBolt easily captures the hearts of meme coin fans while delivering groundbreaking innovations.
Built on the Skale Network, JetBolt’s zero-gas technology eliminates gas fees entirely, making crypto transactions more accessible. Additionally, this revolutionary feature also makes the development of blockchain gaming, SocialFi, and Web3 projects free from the barrier of hefty gas fees.
But JetBolt isn’t just a gas-free marvel—it’s also AI-driven. Its platform features an AI-powered crypto tool that continuously aggregates and displays crypto updates and market data, bridging the gap between cutting-edge technology and blockchain usability.
Meanwhile, staking with JetBolt is a rewarding and interactive experience. Thanks to its Web3 wallet, joining doesn’t require prior crypto knowledge. What’s more, stakers don’t just earn by staking tokens—they also gain extra bonuses for their active participation within JetBolt’s ecosystem.
With daily price increases, a functional ecosystem already in place, and the exclusive Alpha Boxes granting up to 25% extra JBOLT tokens, JetBolt’s presale is the ultimate golden ticket for maximizing token holdings and utility from day one.
As JetBolt’s tech-first approach to crypto pulls in more whales into its presale, JetBolt’s momentum is undeniable—drawing eyes from every corner of the crypto space as it leads the charge into the next generation of crypto.
Peanut the Squirrel (PNUT)
Peanut the Squirrel (PNUT) soared through the meme coin rankings, fueled by its viral real-life story and massive social media following. Running on Solana’s high-speed, low-fee network, Peanut the Squirrel’s growing community support cements its place among the top trending meme coins that could take off.
AI Rig Complex (ARC)
AI Rig Complex (ARC) is redefining AI-driven blockchain automation, providing intelligent solutions for Web3. With active trading on Gate.io, Bitget, and LBank, AI Rig Complex’s growing AI integration in DeFi and decentralized asset management positions it among the top meme coins that could surge.
Toshi (TOSHI)
Toshi (TOSHI) is making waves on the Base network, supported by Coinbase’s listing roadmap. With ToshiSwap for DEX trading, ToshiTools for token launches, and NFTOSHIS NFTs, TOSHI isn’t just another top trending meme coin—it’s a full-fledged digital economy gaining momentum.
SPX6900 (SPX)
SPX6900 (SPX) is a meme coin operating on the Ethereum blockchain, setting itself apart with its fusion of finance and meme culture. With a cross-chain bridging solution and a strategic DeFi partnership, SPX6900 is expanding its reach and securing SPX’s place among top contenders.
Brett (BRETT)
Brett (BRETT) facilitates direct peer-to-peer transactions on Base. In recent news, Brett has officially migrated its liquidity to Aerodrome, marking a strategic move to enhance its rewards system and strengthen its presence on the Base network. By staking protocol-owned assets, Brett now earns AERO rewards while contributing to one of Base’s largest liquidity pools.
@AerodromeFi announces Brett (BRETT) has migrated liquidity to Aerodrome on X
Inspired by Matt Furie’s “Boys’ Club”, Brett’s unique branding solidifies its status as one of the top meme coins to watch.
Frequently Asked Questions (FAQs): Best Meme Coins
What is the best meme coin that could blast off?
While predicting the next breakout meme coin is impossible, JetBolt (JBOLT) stands out as one of the frontrunners in 2025, thanks to its zero-gas technology and suite of innovative features. With JetBolt’s futuristic cat mascot striking a chord with meme coin enthusiasts who love a mix of innovation and high-energy community hype, whales are already moving in during presale.
What are the top trending meme coins to check out in 2025?
Based on recent blockchain trends, market data, and latest upgrades, here are the top 6 trending meme coins to check out in 2025:
Peanut the Squirrel (PNUT)
AI Rig Complex (ARC)
JetBolt (JBOLT)
Toshi (TOSHI)
SPX6900 (SPX)
Brett (BRETT)
Remember, the crypto market is volatile, so tread carefully when engaging with these meme coins and all other cryptocurrencies.
Final Take: Meme Coins on the Rise
From Peanut the Squirrel (PNUT) to Brett (BRETT), these six trending meme coins are making serious waves. AI Rig Complex (ARC) is redefining AI-powered crypto, Toshi (TOSHI) dominates Base, and SPX6900 (SPX) thrives on Ethereum’s liquidity. Meanwhile, JetBolt (JBOLT) is stealing the spotlight—its presale is surging, whales are moving in, and its zero-gas technology is reshaping the game. With momentum building fast, these top trending meme coins are the ones to watch as they race toward their next breakout.
Learn more about JetBolt’s revolutionary features and exciting presale by visiting JetBolt’s official website and/or X page.
Note that this content is not trading or financial advice. Cryptocurrencies are unpredictable—prices shift, trends evolve, and nothing is guaranteed. Do your own research and never risk more than you’re willing to lose.
The post Best Meme Coins That Could Blast Off | Top 6 Trending Meme Coins To Check Out appeared first on Coinpedia Fintech News
Meme coins are surging, with Peanut the Squirrel (PNUT)’s viral story fueling its rise, AI Rig Complex (ARC)’s integration of AI into DeFi, and Toshi (TOSHI)’s renounced contract boosting trust on Base. Meanwhile, SPX6900 (SPX) gains traction on Ethereum, and Brett (BRETT) expands with GambleFi innovations. Amidst these, a next-gen altcoin pounces onto the scene—JetBolt …
Peter Schiff has confirmed that the U.S. government will not be purchasing Ethereum (ETH), XRP, Cardano (ADA), or Solana (SOL) for its crypto holdings. Instead, the recently established Strategic Bitcoin Reserve (SBR) will consist solely of seized Bitcoin (BTC), reinforcing its status as the dominant digital asset. While the executive order signed today leaves room for potential Bitcoin purchases, these would likely require congressional approval.
Altcoins Are Excluded from the Reserve
Earlier reports had suggested that a “crypto reserve” might include XRP, ADA, SOL, and ETH, causing a surge in their prices. Meanwhile, as per today’s update, the U.S. government has created a Digital Asset Stockpile for altcoins like XRP, Ethereum, Cardano, and Solana, but it won’t buy more—it’s only keeping what’s seized through legal actions. Managed separately by the Treasury, these assets may be held or sold based on regulations. Meanwhile, Bitcoin gets a dedicated Strategic Bitcoin Reserve (SBR), reinforcing its status as a key asset. An audit within 30 days will reveal the government’s total crypto holdings and organize them into the appropriate reserves, highlighting Bitcoin’s priority over altcoins.
However, Schiff clarified that the government will not be actively acquiring these assets. Instead, the government will create a separate “Digital Asset Stockpile” for forfeited altcoins, but no new tokens will be added beyond those already seized.
Moreover, data from Arkham also confirms the U.S. owns zero XRP, SOL, and ADA, meaning the earlier expectation of a broader crypto reserve has been completely dismissed.
Whereas, crypto analyst Moon Lambo suggests the U.S. might already own some XRP, ETH, ADA, or SOL from lesser-known forfeitures, but if so, the amounts are likely very small and insignificant.
The United States could own a bit of all of those coins right now from forfeitures that we’re unaware of. There may be court cases that weren’t highly publicized that we haven’t heard about.
Even if so, I suspect the amounts of these coins held will be pretty miniscule.
The U.S. government currently holds close to 200,000 BTC, obtained through various seizures. While this Bitcoin reserve remains the primary focus, the government also possesses around $176 million worth of ETH and $27 million worth of BNB. However, XRP, ADA, and SOL have not been forfeited, raising questions about their inclusion in the stockpile.
Market Reactions and Future Implications
The crypto community, particularly Bitcoin advocates, have praised the government’s move, as it differentiates BTC from other cryptocurrencies. This development strengthens Bitcoin’s perception as “digital gold” and further legitimizes it as a strategic asset. However, the exclusion of major altcoins has disappointed investors who previously speculated on their inclusion.
Moving forward, the government’s approach to crypto remains a key area of interest, especially regarding whether Bitcoin purchases will be approved and how the Digital Asset Stockpile will be managed.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
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Peter Schiff has confirmed that the U.S. government will not be purchasing Ethereum (ETH), XRP, Cardano (ADA), or Solana (SOL) for its crypto holdings. Instead, the recently established Strategic Bitcoin Reserve (SBR) will consist solely of seized Bitcoin (BTC), reinforcing its status as the dominant digital asset. While the executive order signed today leaves room …
We’ve all been there – wishing we could use our crypto to buy that coffee or new pair of shoes. Now SpacePay is making this a reality with their clever payment solution featuring a tiny 0.5% transaction fee, compatibility with over 325 crypto wallets, and instant conversion to regular currency for merchants.
No wonder they’ve already pulled in nearly $1 million in their presale, with each $SPY token going for $0.003126.
Bridging the Gap Between Crypto and Everyday Commerce
Crypto and regular payments have been like awkward strangers at a party for years. Shop owners get nervous about accepting digital coins because of the technical headaches and wild price swings.
SpacePay’s approach is refreshingly simple. Instead of forcing merchants to buy expensive equipment or learn complicated systems, their solution works with regular Android payment terminals through a basic software update. Customers can use practically any crypto wallet they already have and just scan a QR code like they would with Apple Pay.
Behind the scenes, SpacePay handles all the complicated stuff while everyone gets an experience that feels totally normal. There’s no need to monitor crypto market conditions, manage digital wallets, or understand blockchain technology.
The elephant in the room with crypto payments has always been those crazy price swings. No restaurant owner wants to accept Bitcoin for a $100 meal only to find it’s worth $80 by closing time.
SpacePay tackles this head-on with a clever solution. When someone pays with crypto, the system immediately converts it to regular money. The merchant gets exactly what they charged, whether Bitcoin crashes or moons five minutes later.
Here’s how it works. SpacePay freezes the exchange rate during the few seconds it takes to process a payment. If the market swings wildly during that tiny timeframe, SpacePay absorbs the difference. Merchants just see reliable payments landing in their accounts.
Game-Changing Economics with 0.5% Transaction Fees
Anyone who’s run a business knows the pain of credit card processing fees. Those 2.5% to 3.5% charges take a massive bite out of already thin profit margins. It’s like working one full day each month just to pay your payment processor.
With a transaction fee of only 0.5%, SpacePay completely transforms the traditional payment model. That’s not a typo – it’s really that low. For a neighborhood restaurant doing $50,000 in monthly sales, switching to SpacePay could put an extra $1,500 back in their pocket every month.
They can charge so much less by cutting out the middlemen. Traditional payment systems pass your money through multiple hands before reaching its destination. SpacePay creates a direct path between customer and merchant, using blockchain technology to maintain security without the extra costs.
The $SPY Token Ecosystem and Benefits
The $SPY token isn’t just another crypto coin. It’s more like a membership card that grows in value as the SpacePay network expands.
Token holders get some sweet perks: monthly rewards based on platform usage, voting rights on important decisions, and first access to new features. Perhaps most appealing is the revenue-sharing model – token holders actually earn a slice of those transaction fees.
Looking at the token distribution shows SpacePay is thinking long-term. They’ve set aside 20% for the public presale, 17% for user rewards, 18% each for marketing and partnerships, 10% for development, and 12% in reserve. The founding team only keeps 5%, showing they’re focused on building something lasting rather than making a quick buck.
Joining the SpacePay Payment Revolution
Getting involved with SpacePay starts at their official website, where you can connect your cryptocurrency wallet – whether that’s MetaMask, Coinbase Wallet, or another popular option.
If you don’t have a crypto wallet yet SpacePay accepts traditional bank card payments too. The platform takes various cryptocurrencies including USDT, AVAX, ETH, BNB, MATIC, and BASE.
The current token price sits at $0.003126, though this figure may increase as the presale progresses through its various stages.
The days of crypto being just for traders and tech enthusiasts are fading fast. With solutions like SpacePay, we’re moving toward a world where digital currencies work seamlessly alongside traditional payment methods – making life easier for both businesses and customers along the way.
The post SpacePay’s $SPY Token Presale Takes Off: A New Era in Crypto Payments Innovation appeared first on Coinpedia Fintech News
We’ve all been there – wishing we could use our crypto to buy that coffee or new pair of shoes. Now SpacePay is making this a reality with their clever payment solution featuring a tiny 0.5% transaction fee, compatibility with over 325 crypto wallets, and instant conversion to regular currency for merchants. No wonder they’ve …
The world’s largest state-owned IT company is teaming up with Cardano, and this could change how governments use blockchain. Brazil’s Federal Data Processing Service (SERPRO) has partnered with the Cardano Foundation, opening doors for massive blockchain adoption. Will this partnership impact Cardano’s price up to $2?
Cardano Partner With SERPRO
Cardano Foundation, the non-profit organization pushing for Cardano’s adoption, has announced a strategic partnership with SERPRO, Brazil’s leading government technology provider.
SERPRO manages digital solutions for over 90% of the federal administration, meaning this collaboration could introduce blockchain to a massive user base.
This partnership will focus on two main areas. First, it will educate SERPRO’s 8,000 employees through Cardano Academy, offering training and masterclasses on blockchain technology.
Second, Cardano’s network will be integrated into SERPRO’s services, potentially enhancing transparency and efficiency in Brazil’s government operations.
Why This Partnership Is a Big Deal?
SERPRO is responsible for over 750 digital solutions, processes more than 33 billion transactions per year, and manages massive amounts of government data. If Cardano successfully integrates its blockchain into SERPRO’s systems, it could set an example for other countries to follow.
This isn’t Cardano’s first step in Brazil. Back in December 2023, the foundation partnered with Petrobras, the country’s largest petroleum corporation, to provide blockchain education to its employees.
These moves show Cardano’s long-term vision of becoming a key player in the government sector.
ADA’s Price Outlook
Despite this major announcement, Cardano’s ADA token has struggled, dropping 8% in the last 24 hours to $0.88. However, according to analyst Ali Martinez, ADA has been forming a right-angled descending broadening wedge pattern since December 2023.
As per Martinez, if ADA manages to break the $1.14 resistance level, it could trigger a price surge to $2.
The post Cardano Partner with Brazil’s Biggest IT Firm – Can This Drive ADA to $2? appeared first on Coinpedia Fintech News
The world’s largest state-owned IT company is teaming up with Cardano, and this could change how governments use blockchain. Brazil’s Federal Data Processing Service (SERPRO) has partnered with the Cardano Foundation, opening doors for massive blockchain adoption. Will this partnership impact Cardano’s price up to $2? Cardano Partner With SERPRO Cardano Foundation, the non-profit organization …
Canary Capital, an asset management firm, has registered a statutory trust for a Sui (SUI) exchange-traded fund (ETF) in Delaware.
The filing, submitted to the Delaware Division of Corporations on March 6, hints at the firm’s intention to launch an SUI ETF.
Canary Capital Takes First Step Towards SUI ETF
The registration is the first step before submitting an S-1 form to the US Securities and Exchange Commission (SEC). Additionally, the firm will need to submit a 19b-4 filing to the SEC through the exchange where the ETF will be listed.
Amidst this, a Sui Network ambassador outlined the potential market impact of a SUI ETF, drawing comparisons to the success of Bitcoin (BTC) and Ethereum (ETH) ETFs. According to the ambassador, a SUI ETF could bring similar benefits.
“Even a slice of the interest that BTC/ETH ETFs saw could significantly boost Sui Network liquidity and market cap,” the post read.
He explained that SUI ETF could boost liquidity by offering a new trading platform for both crypto and traditional investors. Moreover, by holding actual SUI tokens, the ETF could reduce the circulating supply, potentially driving up the price.
The increase in liquidity and price would boost ecosystem growth, making it attractive for developers and institutional investors looking to capitalize on this momentum.
“Bitcoin and Ethereum are now “established.” A newer network like Sui offers higher risk but possibly higher reward, akin to investing in an emerging tech stock,” he wrote.
Nonetheless, the ambassador noted that institutions may be cautious with an SUI ETF. He cited volatility, liquidity, and regulatory uncertainty as potential concerns.
Furthermore, he claimed that regulatory approval may be difficult, as the SEC has scrutinized many altcoins as potential securities. Thus, he believes SUI could face the same fate, requiring market surveillance and clarity on its status. However, he acknowledged that these regulatory procedures could become more streamlined with President Trump now in office.
Traditional airdrop campaigns have often led to short-term speculation rather than sustainable engagement. Many investors claim tokens only to sell immediately, preventing long-term community growth. In response, DeFi projects are now shifting toward structured airdrop systems, linking token distributions to staking, governance participation, and curated rewards programs.
Skyren DAO has adopted this approach through its Token Surge Event, offering 500 free SKYRN tokens to Solaxy and Remittix presale participants. This system ensures that recipients are not only rewarded but also integrated into Skyren DAO’s governance and incentive-driven airdrop ecosystem.
Solaxy and Remittix: Enhancing Blockchain Utility
Skyren DAO selected Solaxy and Remittix due to their high-value contributions to the blockchain ecosystem. Both projects focus on scalability, real-world payments, and financial accessibility.
Solaxy is a Layer-2 scaling solution for Solana, designed to reduce congestion and lower transaction fees. By processing transactions off-chain before settling them on Solana’s mainnet, Solaxy enhances scalability while maintaining Solana’s security model. The project has raised $23 million up to date, demonstrating strong market demand.
Remittix is a blockchain-powered remittance platform that enables fast, low-cost cross-border transactions. Unlike traditional payment providers that charge high fees and require long processing times, Remittix facilitates crypto-to-fiat transfers with minimal costs and near-instant settlement. The project has already raised $12.5 million in its presale, solidifying its place in the global remittance market.
Skyren DAO’s airdrop brings Solaxy and Remittix investors into its governance-driven DeFi model, where token holders benefit from staking rewards and curated airdrop distributions.
How Solaxy and Remittix Investors Can Claim Their SKYRN Tokens
Skyren DAO has streamlined the airdrop process for eligible participants:
Go to the Skyren Website – Navigate toskyren.io/token-surge/ and access the airdrop claim page.
Submit Transaction Data – Provide proof of participation in Solaxy or Remittix presales.
Enter an EVM-Compatible Wallet – Use a valid address for the airdrop distribution.
Receive 500 SKYRN Tokens – Tokens will be airdropped to verified participants after launch.
Once claimed, SKYRN tokens can be used for staking, governance participation, and airdrop rewards.
Maximizing SKYRN Utility: Governance, Staking, and Rewards
The SKYRN token is built to serve as a DeFi rewards asset, allowing holders to participate in governance and receive curated token distributions.
Stake SKYRN for Passive Income
Holders can stake SKYRN tokens and earn continuous rewards, getting a stable income stream while securing network liquidity. Pre-staking options allow early adopters to lock in higher APY rates, maximizing their earnings before SKYRN is publicly traded.
Participate in DAO Governance
Skyren operates as a decentralized autonomous organization (DAO), where SKYRN holders vote on major governance proposals, such as staking structures, platform upgrades, and airdrop distributions.
Exclusive Access to High-Value Airdrops
Instead of random airdrop distributions, Skyren provides curated token rewards, ensuring that every SKYRN holder benefits from vetted blockchain projects.
These incentives turn SKYRN into a long-term rewards asset, ensuring that holders engage with the platform beyond the initial claim. Skyren DAO’s governance model and staking system have been analyzed by Crypto Volt, highlighting the benefits of structured airdrop incentives.
Spin The Wheel: A Reward System for Active SKYRN Holders
Skyren DAO’s Spin The Wheel feature increases engagement by rewarding token buyers with additional incentives.
How It Works
Purchase SKYRN tokens – Every transaction earns spin tickets.
Spin for bonus rewards – Additional SKYRN tokens or staking multipliers.
Higher purchase amounts increase the number of spins.
Instant SKYRN bonuses are credited to winners.
This feature provides continuous engagement, keeping the Skyren community active and invested.
Claim Your 500 SKYRN Before the Airdrop Window Closes
Solaxy and Remittix presale participants have limited time to claim their 500 free SKYRN tokens, gaining access to governance, staking rewards, and curated airdrop programs. This marks a shift toward long-term DeFi incentives, ensuring that investors actively participate in structured airdrop rewards.
Complete the verification process today to secure SKYRN tokens before the claim period ends.
Get updates on DeFi rewards and governance: X (Twitter)
Join discussions with the Skyren DAO community: Telegram
The post Solaxy and Remittix Backers First to Access Skyren DAO’s Generous Token Surge appeared first on Coinpedia Fintech News
Traditional airdrop campaigns have often led to short-term speculation rather than sustainable engagement. Many investors claim tokens only to sell immediately, preventing long-term community growth. In response, DeFi projects are now shifting toward structured airdrop systems, linking token distributions to staking, governance participation, and curated rewards programs. Skyren DAO has adopted this approach through its …
