Donald Trump’s renowned decentralized crypto project, World Liberty Financial (WLFI), is set to launch an airdrop this year. The President team recently proposed distributing a significant amount of their newly launched stablecoin to eligible users. How to farm? Let’s discuss this. World Liberty Financial Airdrop Announced Amid Stabelcoin Launch World Liberty Financial, launched in September 2024, has gained significant traction in the crypto industry due to its constant crypto buying. Although it is a simple process, it always influences the price of the digital assets, benefitting traders. The platform has already raised $550M through token sales and recently launched the USD1 stablecoin in March. Interestingly, along with the stablecoin, World Liberty Financial has also proposed a USD1 airdrop to reward its supporters. More importantly, this is to test their airdrop system to ensure that it functions properly. Additionally, to increase the visibility of the USD1 stablecoin. As a result, it has become one of the most anticipated crypto airdrops of 2025 . A few investors call it the way to regulatory freedom. However, a lot is at stake in Congress debating the bipartisan STABLE Act and the crypto market crash amid tariff. USD1 Airdrop Listing, Allocation, & Other Details Although the USD1 stablecoin airdrop has been proposed, every other information, like listing date, tokenomics, allocation, and others, is unknown at this point. However, it is certain that all the current WLFI token holders are subject to receiving, but based on eligibility. The official World Liberty Financial proposal reveals that the distribution will be on-chain through the WLFI airdrop system on the Ethereum mainnet. For now, it is up for community discussion and feedback, which will finalize the USD1 airdrop amount. Next is governance, and last is the execution. The important point to note is that the WLFI can cancel or pause the airdrop even if it gets approved. How to Farm the Donald Trump’s World Liberty Financial Airdrop? Since the WLFI airdrop has not yet been confirmed, all investors should interact with the Donald Trump crypto project for better visibility. The proposal mentions that it will be open to all who hold the WLFI token, so investors must hold it until the snapshot. All other crypto airdrop records reveal that the amount of holding also determines the allocation quantity, so investors can try to have a higher count. Additionally, having a non-custodial wallet with WLFI holding may work better than an exchange or a custodial wallet. Getting involved with the Ethereum mainnet can also help in farming the Donald Trump airdrop, as it will happen there. Lastly, stay updated with further World Liberty Financial news or updates to address any changes in eligibility or allocation. The post How to Farm Donald Trump’s World Liberty Financial Airdrop Listing? appeared first on CoinGape .
Binance’s recent decision to delist 14 altcoins, including BADGER and CREAM, demonstrates its evolving strategy to engage community governance. This move, influenced directly by a community vote, has resulted in
Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective its Registration Statement on Form S-4, paving the way for the company’s reorganization and domestication from the Cayman Islands to Delaware, as well as its proposed listing on the Nasdaq Global Select Market. The company has scheduled a special
The trade tensions between the US and China heavily impact the cryptocurrency market. Bitcoin's price increase is linked to the depreciation of the Chinese yuan. Continue Reading: Bitcoin Surges as Trade Tensions Between the US and China Escalate The post Bitcoin Surges as Trade Tensions Between the US and China Escalate appeared first on COINTURK NEWS .
Ethereum price recently fell below $1,500 for the first time since March 2023. This decline led to a surge in selling activity, with many traders choosing to cut their losses. A key whale metric now hints that ETH may drop to the next support level of $1,290 before making a significant rebound. Ethereum Whale Average Cost Basis Hints at Drop to $1,290 Data from CryptoQuant shows that most Ethereum holders, excluding whales, have been sitting on massive losses since ETH plunged below $2,200. This is a key Ethereum price level that marks the average cost basis at which most traders purchased Ethereum. Meanwhile, the realized price of whales holding more than 100,000 ETH lies much lower at $1,290. As Ethereum price struggles at the multi-year lows and shows signs of plunging further, whales may begin to dump their holdings to minimize losses. This makes it likely for ETH to drop and find support at $1,290. ETH Whale Average Cost Basis The CryptoQuant analysis identified that Ethereum has previously dropped to find support at the realized price of whales. For instance, in 2022, during the Terra Luna collapse, ETH price dropped to test support at $870 before making a strong rebound. However, on-chain data indicates that whales remain bullish. This cohort quickly accumulated during the recent dip. According to SpotOnChain , Ethereum’s drop below $1,700 led to two major whale addresses buying 30,000 ETH valued at more than $49 million. Analysts Remain Bullish on Ethereum Price Analysts remain bullish that Ethereum price will register a strong rebound, and potentially reclaim levels above $2,000. One analyst observed that after the recent crash, ETH is now mimicking the March 2020 market crash that saw the price forming a local bottom. Trader Crypto General shared a similar Ethereum price prediction , noting that after the recent drop, Ethereum price tested a major support level at $1,500. If ETH defends this support level, it will enter into consolidation before being followed by a massive pump. Ethereum price chart Amid these bullish projections, it is likely that Ethereum price will defend levels above $1,400 and avoid a crash to $1,000. Ethereum Derivatives Data Shows a Bullish Outlook The derivatives market showed a bullish outlook towards Ethereum price. The liquidation heatmap with a seven-day lookback period shows that ETH has wiped out all the long positions after the recent crypto market crash . This removes the risk of further dips due to forced selling. At the same time, there is a hot liquidation zone above price at $1,837. This zone might act as a magnet, that may push ETH higher. Ethereum Liquidation Heatmap The $1,837 price level is also where many short positions on Ethereum will be liquidated if the altcoin rallies higher. The liquidation of these short positions will increase the buy-side pressure and spark notable price gains. To sum up, Ethereum price may be poised to make a rebound despite the support level for whales standing at $1,290. Derivatives data and the price prediction shared by analysts indicate that it might make a strong rebound. The post Ethereum Price Struggles at Two-Year Low As Whale Average Cost Basis Hints at Drop to $1,290 appeared first on CoinGape .
Aave DAO members are voting on a proposal to add Pendle’s Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT test asset. Pendle ( PENDL ) is a decentralized finance protocol that lets users split yield-bearing tokens into two parts; the Principal Tokens and Yield Tokens. PTs represent the original value of the token and can be redeemed at full value once they mature, making them similar to fixed-income instruments. YTs, on the other hand, give holders access to the future yield generated by the underlying asset. The proposal recommends starting with a listing of one PT test token. While it does not suggest immediate onboarding, the goal is to evaluate user demand and technical integration. To reduce extra risk, the idea is to start with PT tokens linked to assets that are already supported on Aave ( AAVE ), like sUSDe. You might also like: Aave integrates Chainlink SVR to recapture oracle-related MEV Over the years, Pendle’s total value locked has risen to over $3 billion as interest in tokenized yield trading grows. The demand for using PTs as collateral has increased along with Pendle’s growth . By allowing users to borrow against PTs, Aave could capitalize on this momentum, giving yield traders new strategies and possibly unlocking billions in new loan volume. Aave intends to use a proprietary pricing technique known as the “linearly increasing lower bound” model to account for the distinct structure of PTs. After assessing the integration, Aave’s risk service providers will set the risk parameters. The proposal lays the groundwork for future, broader support of PT tokens, even though the test PT token won’t be onboarded right away due to ongoing discussions about related assets. The proposal’s Snapshot vote opened on Apr. 7 and will end on April 11. So far, 100% of the 6,500 DAO members that have voted have given the proposal a thumbs up. According to data from DeFiLlama, Aave’s V3 platform is still among the biggest in DeFi, with over $16.2 billion in total value locked and $9.9 billion in outstanding loans. The inflows for April have already reached $1.3 billion, surpassing $984 million recorded in March. Read more: Aave Labs founder confirms no new token would be issued for Horizon, Aave’s RWA project
In a move signaling growing confidence in the U.S. as a burgeoning hub for digital assets, Galaxy Digital, a leading financial services and investment management innovator in the crypto space, is set to redomicile to the United States. According to a recent announcement by Eleanor Terrett, host of Crypto In America, the firm is shifting its base from the Cayman Islands to Delaware, a state increasingly recognized for its business-friendly environment. This strategic decision paves the way for Galaxy Digital’s highly anticipated listing on the Nasdaq stock exchange, marking a significant milestone for both the company and the broader cryptocurrency industry. Why the U.S. Redomicile? Navigating Crypto Regulation and Market Access The decision to redomicile in the U.S. is far from arbitrary. It reflects a calculated approach to align with the evolving crypto regulation landscape in America. Delaware, known for its robust corporate law and attractive business climate, offers a stable and predictable regulatory framework. This move signals Galaxy Digital’s commitment to operating within compliant and transparent structures, crucial for long-term growth and investor confidence. But what exactly are the driving forces behind this strategic shift? Evolving Regulatory Clarity: The U.S., while still developing comprehensive federal crypto laws, is showing increasing signs of regulatory maturity. States like Delaware are leading the charge in creating a welcoming environment for blockchain and digital asset businesses. Redomiciling to the U.S. positions Galaxy Digital to benefit from this growing clarity and potentially influence future regulatory developments. Enhanced Market Access: Being based in the U.S. and listing on Nasdaq provides Galaxy Digital with unparalleled access to the world’s largest capital markets and a vast pool of institutional investment . This move can significantly broaden their investor base, attracting both domestic and international investors seeking exposure to the burgeoning digital asset class. Strategic Alignment: The U.S. is increasingly becoming a focal point for crypto innovation and adoption. Redomiciling places Galaxy Digital at the heart of this ecosystem, enabling closer collaboration with U.S.-based partners, clients, and regulators. This strategic alignment is vital for staying ahead in the rapidly evolving crypto landscape. Nasdaq Listing: A Gateway to Institutional Investment and Mainstream Recognition The planned Nasdaq listing is arguably the most compelling aspect of Galaxy Digital’s redomicile strategy. Listing on a major U.S. exchange like Nasdaq is a game-changer for crypto firms, offering a multitude of benefits that can propel growth and legitimacy. Let’s delve into why a Nasdaq listing is such a significant step: Increased Visibility and Credibility: Listing on Nasdaq instantly elevates Galaxy Digital’s profile on the global stage. It signals a commitment to transparency, corporate governance, and regulatory compliance, enhancing credibility among institutional investment firms, retail investors, and the broader financial community. Enhanced Liquidity and Trading Volume: Nasdaq provides a highly liquid and efficient trading environment. A listing is expected to significantly increase trading volume for Galaxy Digital’s shares, making it easier for investors to buy and sell, and potentially attracting more institutional investors who require deep liquidity. Access to a Wider Investor Base: Many institutional investors and large investment funds are restricted from investing in companies listed on foreign exchanges or those not meeting specific listing requirements. A Nasdaq listing opens the doors to this massive pool of capital, potentially driving significant investment into Galaxy Digital and the broader crypto market. Benchmarking and Valuation: Listing on Nasdaq allows for easier benchmarking against traditional financial services firms and tech companies. It provides a more transparent and recognized framework for valuation, which is crucial for attracting investors and facilitating future capital raises. Galaxy Digital: A Pioneer in Institutional Crypto Services Founded by Michael Novogratz, Galaxy Digital has established itself as a leading player in providing diversified financial services for digital assets. The firm’s expertise spans across various sectors of the crypto ecosystem, making it a crucial bridge between traditional finance and the digital asset world. What makes Galaxy Digital stand out in the competitive crypto landscape? Service Area Description Significance Asset Management Offers a range of investment products and strategies focused on digital assets, catering to institutional and high-net-worth clients. Provides regulated and professionally managed avenues for institutional investment in crypto. Trading Provides over-the-counter (OTC) trading, derivatives, and algorithmic trading services for digital assets. Facilitates efficient and liquid trading for institutional clients in the often-volatile crypto markets. Investment Banking Offers advisory services for mergers and acquisitions, capital raising, and restructuring within the digital asset industry. Supports the growth and maturation of the crypto industry by providing traditional financial expertise. Mining Operates proprietary Bitcoin mining operations and provides infrastructure for other mining operations. Contributes to the security and decentralization of blockchain networks, a fundamental aspect of the crypto ecosystem. Challenges and Considerations for Galaxy Digital’s US Move While the redomicile and Nasdaq listing are overwhelmingly positive developments, there are challenges and considerations to acknowledge. Navigating the U.S. regulatory landscape, even in a crypto-friendly state like Delaware, requires careful planning and execution. What hurdles might Galaxy Digital face? Regulatory Scrutiny: Increased visibility as a publicly listed U.S. company will bring heightened regulatory scrutiny from agencies like the SEC. Maintaining compliance and navigating evolving regulations will be an ongoing priority. Market Volatility: The cryptocurrency market is inherently volatile. As a publicly traded crypto firm, Galaxy Digital’s stock price will be subject to the same market fluctuations, potentially impacting investor sentiment. Competition: The crypto financial services space is becoming increasingly competitive. Galaxy Digital will need to continue innovating and differentiating itself to maintain its leadership position amidst growing competition from both traditional finance and crypto-native firms. Actionable Insights: What Does This Mean for the Crypto Market? Galaxy Digital’s move is more than just a company-specific event; it’s a bellwether for the broader crypto market. It sends a powerful signal that institutional adoption is accelerating and that the U.S. is becoming a more welcoming and strategic location for crypto businesses. What are the key takeaways for the crypto industry and investors? Validation of Crypto as an Asset Class: A prominent crypto firm like Galaxy Digital listing on Nasdaq further validates cryptocurrencies as a legitimate and investable asset class in the eyes of mainstream finance. Increased Institutional Confidence: This move is likely to boost confidence among institutional investment firms, encouraging greater participation and capital allocation to the crypto market. Positive Regulatory Signal: Galaxy Digital’s decision suggests a growing confidence in the U.S. regulatory environment for crypto, potentially encouraging other firms to consider the U.S. as a domicile. Catalyst for Further Growth: The increased visibility, liquidity, and investor access stemming from a Nasdaq listing can act as a catalyst for further growth and innovation within the entire crypto ecosystem. Conclusion: A Bold Step Towards Crypto Mainstream Adoption Galaxy Digital’s strategic redomicile to the U.S. and planned Nasdaq listing represents a bold and forward-thinking move. It underscores the increasing maturity of the cryptocurrency market and the growing acceptance of digital assets within traditional financial frameworks. By embracing U.S. regulations and seeking the visibility of a Nasdaq listing, Galaxy Digital is not only positioning itself for future growth but also paving the way for greater institutional participation and mainstream adoption of cryptocurrencies. This landmark decision is a testament to the enduring potential of digital assets and their integration into the global financial landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption.
Pi Network price has surged more than 9% today amid a broader crypto market recovery. Besides, it also comes in tandem with the market expectations, anticipating a bounce back in Pi Coin’s price due to several factors. In addition, a top expert has revealed that the crypto is likely to hit $3 in the coming days, which has further fueled the investors’ optimism. Pi Network Price Soars: What Lies Ahead? Pi Network price jumped over 9% today and exchanged hands at $0.59, while its one-day volume fell 37% to $298.5 million. Notably, the crypto has hovered between $0.5375 and $0.6102 over the last 24 hours, reflecting the volatile scenario in the market. Meanwhile, this latest recovery indicates that the market participants are regaining their confidence in the asset. Besides, the low Pi Coin unlocks this week have further bolstered investors’ sentiment, which could have helped in the recent gains of the token. A Quick Tour Of Pi Network Unlock According to PiScan data , an average of 1.5 million Pi tokens will be unlocked through April 11. Over the next 30 days, the highest unlock will be on April 18 of around 9.8 million Pi, worth $5.7 million at the current price. Notably, the data also showed that a total of 160.74 million Pi tokens will get unlocked in the next 30 days, valued at around $93.77 million. Considering that, the experts have urged the Pi Core Team to burn tokens to offset concerns about this heavy inflow into the market. So, if the team manages to burn tokens or reveal any major announcement, it could trigger a strong rally in the asset’s price. Besides, the soaring adoption of Pi Network has further fueled investors’ confidence. What’s Next? Amid the ongoing recovery, a top expert said that Pi Coin price is expected to reach a new all-time high, sparking market optimism. For context, renowned crypto analyst MOON JEFF has forecasted that the Pi Network price will surge to $3 by June. This optimistic projection comes amid a tumultuous market, with PI’s value currently experiencing a downturn since February 27. Despite the bearish trend, MOON JEFF remains confident that PI will rebound and break through resistance levels once global trade tensions ease. According to the analyst, the Pi Network price’s potential is vast, with possibilities extending beyond current all-time highs. MOON JEFF’s prediction suggests a significant upside for PI, making it an attractive prospect for investors looking to capitalize on the cryptocurrency’s growth. However, this forecast contradicts a Pi price prediction , which indicates a bearish road ahead for the asset. Besides, a recent report also showed that some market experts anticipate Pi price to hit $0.3 if the bears continue to dominate. Having said that, investors should exercise due diligence while putting their bets into the market. The post Pi Network Price Recovers Hinting At Pi Coin’s Rally To $3 Ahead appeared first on CoinGape .
The post Binance Unveils 4th Megadrop Featuring KernelDAO Token Launch and Listing Details appeared first on Coinpedia Fintech News In a latest announcement Binance has revealed its 4th Megadrop project KernelDAO (KERNEL) set to launch soon on the exchange. The restaking protocol has sparked major investor interest as traders gear up for the KERNEL token listing. Starting April 9 at 00:00 UTC, users can join the event and earn rewards. Binance also confirmed that it will be the first exchange to list the KERNEL token, giving its community early access to this new restaking project. KERNEL Listing on April 14 Binance will list KERNEL on April 14 at 12:00 UTC with five trading pairs: KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, and KERNEL/TRY. A Seed Tag will be applied to KERNEL, highlighting its high-risk, high-volatility nature as a new asset. KernelDAO $KERNEL Megadrop is now open! Subscribe to BNB locked products or complete Web3 quests to participate. Join now https://t.co/wuVYwOxjPL pic.twitter.com/6PHARppJML — Binance (@binance) April 8, 2025 The event will be conducted from April 9 to April 13. The token has a total supply of 1 billion, with 162.3 million (16.23%) in initial circulation. Each user’s allocation is capped at 320,000 tokens. KernelDAO, built on BNB Chain, is a shared restaking protocol which allows users to restake BNB, BTC, and other yield-bearing assets for rewards. Binance continues to strengthen its position as the leading crypto exchange by launching exciting new opportunities for global users. Earlier this month, it announced support for Bitcoin staking protocol Babylon, adding to its growing list of innovative projects. Besides, its upcoming launches include Hyperliquid, Mantle, and Kaspa. Binance Teams Up With Worldpay In another related news, Binance has recently teamed up with Worldpay , a public payment processing company, which enables users to purchase crypto with Apple Pay and Google Pay through its fiat onramp system. The exchange noted that this move makes crypto more accessible emphasizing that this brings Web3 users in a way that suits them especially in areas with low credit card use but high mobile phone usage. Also, former Binance CEO, CZ Zhao has stepped in to Pakistan’s New Crypto Council Member as an advisor in helping the country to shape its crypto regulations and boost its adoption. This follows the council’s first meeting in March as Pakistan aims to attract global investment.
Galaxy Digital achieves a significant milestone with SEC approval, gearing up for a strategic Nasdaq listing in May 2025. The firm will transition its corporate domicile from the Cayman Islands