Compound's foundation announcement triggered price volatility, with COMP experiencing a 102% intraday rally before falling due to investor skepticism and long-term holder selling.
South Korean crypto exchange Upbit has made a striking announcement, catapulting the Compound (COMP) token's price by an impressive 70% in a single day. In a recent development, the exchange revealed the addition of Compound to the Upbit KRW market.
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
The Compound (COMP) price has jumped to an intraday high of $66.28 following the announcement of its listing on Upbit, the largest exchange in South Korea. Upbit announced it is adding Compound (COMP) trading pairs—COMP/KRW, COMP/BTC, and COMP/USDT—to its spot market, sparking a near-100% surge in the COMP price before a slight correction.
FTX will repay major creditors on May 30 using $11.4B in cash. Repayments are based on November 2022 asset values, not current prices.
The crypto derivatives platform Hyperliquid is stepping up its risk management after a major liquidation event involving the JELLY token. To prevent losses for affected traders, the platform has confirmed that users who held long JELLY positions at settlement will be compensated $0.037555. However, flagged accounts will not be eligible for this refund.
Hyperliquid has dropped by 1% today, with its fall to $14.43 coming after Bitget CEO Gracy Chen criticized the platform for its delisting of JELLY perpetual futures contracts. The post Is Hyperliquid in Trouble? JELLY Token Controversy Sparks FTX 2.0 Fears appeared first on Cryptonews.
Bitcoin.com CEO Corbin Fraser revisits Bitcoin Cash's origin story, the divisions that followed, and how that led him and many others to EVM and DeFi. Big Blocks, Forks, and Internal Drama: The Origin Story of Bitcoin Cash Corbin Fraser, CEO of Bitcoin.
Aave (AAVE) was also among the underperformers, declining 1.9%.
Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.
COMP sets the stage for further price declines.
The cryptocurrency market finally recovered after losing nearly a trillion in the earlier crash. However, not all crypto tokens are worth holding, and investors should focus on the best one to benefit from amid these changing market sentiments.
Here is how some of your favorite assets concluded the week.
The recent buying pressure could drive Compound prices higher.
While it may not be catching headlines this cycle, Bitcoin Cash (BCH) is catching tailwinds with its latest breakout move—and sights could be set much higher. The post Bitcoin Cash Breaks Out in 40% Surge – Is $1,000 the Next Target? appeared first on Cryptonews.
For DeFi traders seeking an alternative to congested, high-fee networks, BCH Bull offers a compelling proposition: a fast, cost-effective, and battle-tested trading platform that rewards users through unique premiums.
Bitcoin Cash (BCH) has experienced a remarkable 21% surge in recent trading sessions, drawing the attention of both traders and investors. At press time, the price of BCH stands at $387, inching closer to the critical $400 level.
Bitcoin price continued its resilience as it rose for three straight days and moved above the resistance at $90,000. This recovery is happening as Donald Trump prepares to unveil the Strategic Bitcoin Reserve during the White House crypto summit.
Story Highlights The live price of the Bitcoin Cash token is BCH crypto price may reach a potential high of around $701 this year. Bitcoin Cash price, with a potential surge, may reach up to $2,679 by 2030.
Bitcoin Cash (BCH) has completely recovered from its recent market dip after soaring by about 47% over the past three days. BCH was trading at $392.8 at press time, marking a two-month high for the altcoin. Following the remarkable recovery, analysts are buzzing with excitement, drawing parallels to its explosive rally in late 2017.
Bitcoin Cash (BCH) has recorded a growth of 21%, leading analysts to question the sustainability of this trend.
Bitcoin Cash's price action reveals clues about what makes $414-$425 a good risk-reward area for short entries.
That loud and clear, collective sigh of relief you heard Wednesday was the sound of thousands of cryptocurrency investors, who were happy their assets generally moved in the right direction. Since Monday, the top names in the asset class had been sluggish at best; on Hump Day, many seemed to wake up.
Crypto prices were vibrant on Thursday morning as the market reacted to the positive tariff news from the United States, and as traders anticipated the upcoming crypto summit. Howard Lutnick, the Commerce Secretary, confirmed that Donald Trump will announce Strategic Crypto Reserves in that meeting.
Despite the broader cryptocurrency market remaining bearish, several assets are witnessing increased capital inflows in the short term.
Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization.
Chainlink (LINK) was also a top performer, gaining 8.6% from Tuesday.
Crypto prices pared back some of the losses made earlier on Tuesday as the Trump administration appeared to walk back some of its tariff threats. Bitcoin jumped to $87,000, while the valuation of all coins rose to $2.88 trillion. The crypto fear and greed index remained in the fear zone.
Bitcoin Cash (BCH), as a result of a Bitcoin fork, has maintained a strong presence in the cryptocurrency market. Known for its focus on faster transactions and lower fees, BCH aims to offer a decentralized digital currency with global utility.
SBF defended layoffs as necessary for business efficiency, aligning with Elon Musk's recent federal employee downsizing rhetoric.
FTX's native token, FTT, has seen a significant 44% surge in price following recent comments made by Sam Bankman-Fried, the founder of the now-bankrupt exchange. The rise, however, seems to be driven by sentiment rather than strong investor backing, leading some to question whether the rally is sustainable.
FTT, the native cryptocurrency for the now-defunct FTX crypto exchange, saw a major surge earlier on Tuesday, skyrocketing around 45% in less than two hours to tap $2.25, following Sam Bankman-Fried's first tweet in two years.
FTXs native token, FTT, saw a sudden surge Monday night after Sam Bankman-Frieds X (formerly Twitter) account posted for the first time in two years. The disgraced FTX founder, currently serving a 25-year prison sentence for fraud and conspiracy, reportedly lacks direct access to social media.
FTX's native token, FTT, has been experiencing a rollercoaster of price action, particularly following recent corrections. Despite FTX beginning payouts to its creditors, the altcoin struggled to regain its footing in the market over the past week.
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After two years of silence, the former CEO of FTX, Sam Bankman, currently imprisoned, has made his return to social media. This unexpected appearance caused a spectacular rise in the price of the FTT cryptocurrency, rekindling investor interest despite the historic collapse of the platform.
FTX Token (FTT) briefly surged following a tweet from imprisoned founder Sam Bankman-Fried, while his parents seek a presidential pardon for him.
Former FTX CEO Sam Bankman-Fried, who is currently serving a 25-year prison sentence, just broke the internet with shocking tweets from prison! The tweets seemed to reference Elon Musk's recent call for federal employees to report their work activities or face resignation.
Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange's native token. In his Feb.
Digital assets continued to underperform amidst global economic uncertainties. The downside escalated over the past 24 hours as Bitcoin plunged to $90K. While altcoins suffered the most, recording double-digit losses on their daily charts, FTX's FTT grabbed attention with wild movements. FTT soared from the lows of $1.5515 to $2.
SBF, who is currently serving a 25-year sentence, has posted a series of threads on X, expressing his thoughts on the recent US federal layoffs. The post Jailed FTX Founder SBF's Tweets Drive Native Token Price, FTT Surges 30% appeared first on Cryptonews.
Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being employed is a lot less relaxing than it looks.
Sam Bankman-Fried's tweet on February 25, 2025, spurred market volatility.
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.
Sam Bankman-Fried posted on X for the first time since January 2023, expressing his views on the recent mass layoffs in the US government.
FTT, the native token of the now-defunct exchange FTX, has been under heavy selling pressure recently, with a notable 12.39% drop over the past week. While the asset saw a brief 1.60% recovery in the last 24 hours, the overall market structure suggests a further decline might be on the horizon.
FTT's drop is likely to intensify as bearish signals flash.
From Bitcoin's price recovery near $100K to groundbreaking developments in ETF transparency and significant market events, the crypto landscape continues to evolve with notable shifts in industry dynamics.