Author: James Wilson

Bitcoin dominance has been growing steadily after dropping to 40% in November 2022. This April, Bitcoin dominance crossed the 64% mark, meaning that the market cap of Bitcoin accounts for nearly two-thirds of the entire crypto market capitalization. While some still wait for the altcoin season to begin, others state this cycle is different, and there will probably be no altcoin seasons ever again. Bitcoin dominance is nearing 64%, last seen at the peak of the 2020 bear market.This isn’t just a $BTC move. Its capital rotating out of alts.Historically, this level has been a turning point. If it breaks…

Prediction market Polymarket has lowered the odds of Jerome Powell being removed as Federal Reserve Chair as Trump signals support. According to Polymarket, the odds of Jerome Powell being removed as Federal Reserve Chair by 2025 are now 14%, down 9 percentage points in the last 24 hours. The shift follows a public statement from U.S. President Donald Trump, who confirmed he has “no intention” of firing Powell, despite prior tensions over interest rate policy, as reported by Reuters. Trump added that he would prefer Powell to be “a little more active” in cutting rates but has no plans to…

Crypto market maker DWF Labs is partnering with Mask Network in a $5 million token deal to push decentralized social media into the mainstream. Cryptocurrency market maker and investor DWF Labs has invested $5 million in Mask Network, a decentralized social platform bridging web2 and web3, as part of its push to support user-owned internet technologies. In a Wednesday blog announcement, DWF Labs’ managing partner Andrei Grachev explained that the decision to back Mask Network comes as the project “has consistently demonstrated both vision and execution in this space.” Following the announcement, the price of MASK (MASK) rose 14% to…

Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin’s strong upward momentum. According to data from crypto.news Immutable X (IMX), a Layer-2 network focused on gaming and NFTs, surged to an intraday high of $0.687 on April 23, nearly 100% higher than its lowest level this month. Its market cap has climbed to around $1.16 billion, and trading volume has exploded by more than 760% to $432 million, signaling a wave of new buying activity. The price rally was supported by a sharp rise in trading activity in IMX’s derivatives…

XRP and PI rallied, rising 8.83% and 6.5% respectively, amid growing optimism around XRP’s ETF prospects and Pi Network’s mainnet progress. The crypto market is showing early signs of recovery, with Ripple’s XRP (XRP) up 8.83% and Pi Network’s PI (PI) token gaining 6.5% on Wednesday, as Bitcoin (BTC) continues its climb toward the $95,000 level. Part of the renewed attention around XRP may relate to recent comments from Teucrium CEO Sal Gilbertie, who spoke with Bloomberg about the token’s real-world applications. Calling XRP a coin with the “most utility out there,” Gilbertie contrasted it with Bitcoin, which he described…

The gaming token from Voxies, VOXEL crypto, has fallen far from its 200% peak. The token is currently trading hands at $0.06, more than 50% below its previous high. According to data from CoinGecko, the native utility token of tactical RPG Voxie Tactics, has gone up by 4.4% in the past 24 hours. Its current price sits at $0.069, a far cry from its previous monthly high which stood at $0.13 just three days prior. Voxie Tactics’ token currently has a market cap of $16.3 million, declining by more than $10 million from its peak at $27 million. Its 24-hour…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In just five years, stablecoins have grown from niche instruments to a $250 billion market. These digital assets now form essential infrastructure for crypto adoption, enabling transactions and providing the foundation for DeFi protocols. Yet, beneath this growth lies a troubling reality: dominant stablecoins carry hidden risks that contradict crypto’s foundational principles. Recent history tells a cautionary tale. When TerraUSD collapsed in 2022, it erased billions overnight. Meanwhile, Tether’s (USDT) peg has wavered during market stress, and…

Monad has partnered with Chainlink to integrate its oracle services as its mainnet launch looms. Monad, an EVM-compatible Layer 1 blockhain, has announced a partnership with a leading decentralized oracle provider Chainlink (LINK). When the mainnet launches, developers on Monad will have immediate access to Chainlink’s full suite of Web3 services, including Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol. Thanks to Chainlink’s Data Feeds and Data Streams integrations, Monad developers will be able access accurate, tamper-proof market data—such as asset prices and exchange rates—enabling them to build DeFi apps like lending platforms and DEXs. Chainlink’s CCIP will enable…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WhiteBIT has announced the first global live-streamed crypto trading tournament, ICTC 2025, bringing top traders together for a high-stakes, educational showdown. Crypto exchange WhiteBIT has officially announced the initial lineup of participants for the International Crypto Trading Cup 2025 (ICTC), the world’s first live-streamed global crypto trading tournament. Taking place from May 9 to 10, 2025, ICTC will showcase real-time trading, highlighting a wide range of strategies and decision-making styles. Participants will not only battle for the trophy but…

The U.S. Securities and Exchange Commission has formally ended its legal battle with Hex founder Richard Schueler, widely known as Richard Heart.  In a letter to New York District Court Judge Carol Bagley Amon, which Heart shared on X, the SEC stated that it “does not intend to file an amended complaint,” thereby allowing the earlier court dismissal to stand. As previously covered on crypto.news, the SEC had sued Heart in July 2023, accusing him of raising over $1 billion through unregistered securities offerings tied to his crypto projects, Hex (HEX), PulseChain (PLS), and PulseX (PSLX). Heart was also accused…