Charles Hoskinson, the founder of Cardano, has expressed his enthusiasm for the recent launch of Bitcoin DeFi (Decentralized Finance) functionalities directly on the Cardano blockchain. This significant development marks a pivotal moment for both ecosystems, bridging the gap between Bitcoin’s robust security and Cardano’s advanced smart contract capabilities. Bridging Bitcoin and Cardano Ecosystems The integration … Continue reading "Cardano Founder Welcomes Bitcoin DeFi Going Live on Cardano" The post Cardano Founder Welcomes Bitcoin DeFi Going Live on Cardano appeared first on Cryptoknowmics-Crypto News and Media Platform .
Crypto analyst Dark Defender has published an updated six-month chart for XRP, marking a pivotal technical event that has captured the attention of long-term observers. According to the analyst, XRP has successfully broken above what he terms the “6M Resistance,” doing so just one day later than initially projected in a previous update. The breakout, illustrated on the semiannual chart, could signal the beginning of a significant new upward phase in XRP’s price trajectory . 6 Monthly Time Frame Update on #XRP : You can find the updated 6M chart below. XRP has broken the 6M Resistance, 1 day later than our previous 6-monthly update. The Resistances: $5.85, $18.22 within the 3rd Wave. Targets: $66.96, $77.70 Supports: $2.2222, $1.8815 (Not Financial… pic.twitter.com/AuKjVfW4PT — Dark Defender (@DefendDark) May 26, 2025 The chart includes data stretching from 2015 to a projected move into the late 2020s. In this technical setup, two critical trendlines define the structure: an upper resistance line (labelled “RESISTANCE, ULTIMATE”) and a lower support line (labelled “SUPPORT, ULTIMATE”). This long-term symmetrical triangle appears to have been resolved to the upside in 2025, with XRP currently priced around $2.34, based on the image captioned in the tweet. Elliott Wave Projection Suggests Substantial Growth Potential Dark Defender overlays an Elliott Wave count on the six-month chart, currently identifying that XRP may be entering Wave 3 of a broader five-wave structure. According to this count, XRP has already completed waves 1 and 2 and has now initiated the more aggressive third wave, often regarded in Elliott Wave Theory as the most impulsive and extended in terms of price movement. Within Wave 3, Dark Defender highlights two immediate resistance levels: $5.85 and $18.22, corresponding with Fibonacci extension levels of 261.8% and 361.8%, respectively. These figures suggest potential upside movement before the wave completes. Should this structure play out fully, the chart projects targets as high as $66.96 and $77.70, representing Fibonacci extensions of 476.4% and beyond. These levels are indicated within what the analyst labels as Wave 5. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Support Zones and Risk Management Commentary The update also identifies key support zones at $2.2222 and $1.8815, aligning with the 161.8% Fibonacci extension from the earlier move. These zones, while not presented as definitive floors, are offered as structural support areas that may provide price stability in the case of pullbacks. Dark Defender explicitly includes a disclaimer on the chart, clarifying that the targets and projections are not intended as financial advice and are shared for informational purposes only. Community Sentiment Expresses Urgency for XRP Breakout The post received a wide range of reactions, including one from an X user named HIM2podcast, who stated: “3 digits forsure this year, it’s along over due. Xrp needs to start hitting big or people will lose confidence and move on, 7 long years, while everything else pumps. Our time has come.” The comment reflects a broader sentiment among XRP holders who have maintained their positions through extended periods of market stagnation, awaiting a breakout on the scale suggested in Dark Defender’s chart. Outlook and Context This update comes at a time when many long-term investors in XRP are demanding performance that reflects the scale of the token’s historical promise and utility. The analyst’s use of high-timeframe charts and multi-year structures indicates a belief in an eventual major breakout, contingent on the confirmation of this current move above the ultimate resistance line. If the pattern progresses according to the Elliott Wave roadmap shared, and XRP achieves the forecasted targets of $66.96 and potentially $77.70, the move would represent a significant revaluation of the asset. However, the speculative nature of such projections remains tied to broader market conditions, regulatory clarity, and investor confidence. Dark Defender concluded the post, stating only, “We will experience,” leaving interpretation open-ended while reinforcing conviction in the projected trajectory. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Breaks Multi-Year Resistance: Analyst Projects Aggressive Upside Targets appeared first on Times Tabloid .
Ethereum struggles to maintain buyer interest amidst market turmoil. Whale exits and significant liquidations tilt balance towards sellers. Continue Reading: Ethereum Faces Challenges Yet Sees Hope Amidst the Market Turmoil The post Ethereum Faces Challenges Yet Sees Hope Amidst the Market Turmoil appeared first on COINTURK NEWS .
The Australian Securities and Investments Commission (ASIC) has launched a lawsuit against a former director of Blockchain Global, alleging multiple breaches of directors’ duties. The regulator initiated civil penalty proceedings against Liang Allan Guo over his alleged involvement in the collapse of ACX Exchange. Blockchain Global’s crypto exchange platform ACX allowed investors to buy and sell digital currencies. However, in late 2019, customers lost access to their funds on the exchange, leading to its collapse. Per the company’s liquidator’s estimates, Blockchain Global owes more than A$20 million ($12.8 million) in unsecured creditor claims to ACX customers. Blockchain Global Head Breached Directors’ Duties Per ASIC’s allegations relate to Guo’s dealings with the ACX Exchange customer funds. Further, the regulator pointed out statements made about those dealings and obligations to keep proper books and records. Liquidator Andrew Yeo from Pitcher Partners was appointed to investigate where the customers’ funds and digital assets went. The ASIC started an investigation in January 2024. The probe came after liquidators submitted a detailed report outlining Guo’s potential breaches of the Corporations Act, the release read. The report noted that as of October 2023, Blockchain Global had A$58 million ($37.3 million), owing to unsecured creditors. Guo was then barred from leaving the country in February 2024. However, he left Australia in September after his travel restraint orders expired and hasn’t returned, the regulator said. Customer Funds Loaned to Related Business According to a previous local media report , liquidator Yeo said that customer funds were also being loaned to a related business, which specialised in arbitrage trading. The liquidator’s report found that the firm failed to properly maintain records of customer funds. Additionally, Guo had transferred more than $1.7 million from an account holding customer funds to invest in publicly listed shares. This was put in the name of Guo’s family trust for the benefit of Blockchain Global, Yeo added. “What we have been able to ascertain, however, is that those funds were mixed with other company funds and used for a series of other purposes,” the liquidator said at the time. Further, in October 2023, the lawyer acting for investors involved in the civil claim against Blockchain Global, drew comparisons between the collapse of Blockchain Global to the demise of Sam Bankman-Fried’s crypto exchange FTX The post ASIC Charges Former Blockchain Global Director Over Duty Breaches Linked to ACX Exchange appeared first on Cryptonews .
The recent performance of Chainlink (LINK) reflects a struggle for bullish momentum amid declining demand, raising concerns over potential price corrections. While the overall market structure for Chainlink remains positive,
Following a notable performance over the past 24 hours, Ethereum (ETH) is attempting to reclaim a key level as support. Some analysts suggest a breakout toward the $3,000 mark could be coming if the $2,600 mark holds. Related Reading: Bitcoin (BTC) To Continue Price Discovery Rally If It Holds These Levels – Analyst Ethereum Prepares For Massive Breakout On Tuesday, Ethereum surged to the $2,700 resistance after a 6.3% price jump in the daily timeframe. The cryptocurrency climbed from the $2,500 support zone toward the recent resistance level, hitting the $2,712 mark before retracing. ETH has been unable to cross this zone after recording its three-month high of $2,738 two weeks ago, halting its retest of higher horizontal levels. Notably, the King of Altcoins has surged over 50% in the past month and around 98% from April’s lows. Amid the May crypto market rally, which saw Bitcoin hit a new All-Time High (ATH) of $111,953 last week, Ethereum has traded sideways for most of the month, hovering between the $2,450-$2,600 price range. Nonetheless, ETH has outperformed Bitcoin so far during the second quarter, registering a 47.78% increase since April started. Analyst The Cryptonomist pointed out that Ethereum has broken above the $2,600 level, signaling that a reclaim of this level could conclude ETH’s sideways action between its current price range and propel its price toward the $3,400 mark. Similarly, Crypto Bullet affirmed that ETH is “about to break out and fill the big CME Gap.” According to the chart, the Altcoin appears to be forming a symmetrical triangle over the past few weeks, and is currently attempting to break out from the formation. A successful breakout and retest of the $2,700 level could send ETH’s price to the CME GAP levels, between $2,900 and $3,350, which other analysts also believe will be filled soon. ETH Dominance To Surge In June? Meanwhile, analyst Rekt Capital noted that Ethereum Dominance is “showcasing initial signs of trying to hold the ~9% level as support,” suggesting a potential bullish performance in June. As the analyst explained, ETH dominance has bounced since dropping to new All-Time Lows (ATL) last month, playing out “the full extent of its September 2019 upside.” Keeping this level as support could propel the cryptocurrency to a more market-dominant performance next month, resembling its 2019 playbook. Related Reading: Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move Market watcher Merlijn The Trader affirmed that Ethereum’s chart “is screaming bullish,” showing a multi-year base and “clean” bullish pennant pattern. To the trader, this setup could launch the cryptocurrency to a long-term target of $8,000 after breaking above the $3,000 mark. Additionally, ETH is preparing for the cycle’s “final pump,” according to Merlijn, based on its previous performances. He pointed out that Ethereum “goes vertical” after breaking its previous high every cycle. As of this writing, Ethereum trades at $2,686, an 8.8% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
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The post How Mantix Could Scape The Landscape For Crypto Futures As Early Investors Set To Earn A Revenue Share Of Fees appeared first on Coinpedia Fintech News The best crypto to buy right now has to offer real utility, community incentives and strong tokenomics, and Mantix checks every box. Over the past week, major exchanges have reported surges in futures trading volumes, highlighting the growing demand for platforms that blend leverage with decentralized security, a trend Mantix capitalizes on with its next-gen futures offering. As traders seek alternatives to centralized platforms, Mantix’s presale stands out in the news for raising significant capital and garnering attention from holders of top chains such as Solana and Ethereum. Experts have opined that $MTX, being in Stage 1 of its presale , is on its way to delivering profits of up to 100x by 2026. Innovative Features of Mantix’s Next-Gen Futures Platform Mantix delivers futures trading with leverage up to 1000× across multiple blockchains, a level of exposure typically reserved for centralized exchanges but now accessible on a fully decentralized framework. Its deep-liquidity pools, aggregated from both on-chain and off-chain sources, ensure tight spreads even during volatile markets, positioning Mantix as the best crypto to buy right now for futures traders seeking minimal slippage and maximal capital efficiency. Built on a hybrid infrastructure model, Mantix layers AI-powered order routing atop smart-contract settlement, reducing latency and enabling sophisticated order types (like iceberg and TWAP) directly on-chain. This technological leap differentiates it from legacy decentralized exchanges and underscores its role as a new DeFi project designed for professional-grade trading without sacrificing transparency or security. Presale Performance Highlights and Revenue-sharing Model Since its launch, Mantix’s presale has made significant progress in Stage 1, with tokens fixed at $0.02 the lowest price point for $MTX before public listing. It targets a $10 million soft cap and $30 million hard cap and analysts predict that early participants could see up to 100× returns by mid-2026, driven by robust market adoption and periodic token burns that will tighten supply over time. A standout feature is the revenue-sharing mechanism: instead of earning yields by risking funds in liquidity pools, $MTX holders receive a proportional share of trading fees, providing passive income as the platform grows. This model not only aligns incentives but also insulates investors from impermanent loss, cementing Mantix’s reputation as the best crypto to buy right now for yield-seeking participants in a new DeFi project landscape. Why Mantix Stands Out as a Long-term Investment Choice Mantix’s community-governance layer grants token holders voting rights on protocol upgrades, fee parameters and partnership integrations, fostering a truly decentralized roadmap. Unlike competitors that centralize decision-making, Mantix ensures stakeholders have a direct voice, enhancing trust and alignment with long-term objectives. Furthermore, the project’s commitment to transparency is evidenced by on-chain reporting of all revenue distributions, buybacks and burns, audited in real time. This level of visibility, combined with ultra-low fees and an expanding suite of AI-driven trading tools, positions Mantix as not just another altcoin but the premier new DeFi project for futures trading. With its capped supply of 1.2 billion tokens, regular buyback-and-burn events and a clear roadmap for cross-chain expansion, Mantix offers a balanced ecosystem where growth and token value are mutually reinforcing. For investors seeking the best crypto to buy right now, it delivers a compelling combination of high-leverage trading, passive income and community governance all wrapped in an innovative, secure platform that’s built for the next wave of on-chain markets. Find Out About The Newest Online Trading Platform Below Website: https://mantix.exchange
On-chain evidence of selling and lack of spot buying pointed toward a price drop.
BitcoinWorld Bitcoin Multisig Pioneer Asigna Secures Crucial $3M Crypto Funding In the ever-evolving world of digital assets, the need for robust security solutions is paramount. For holders of Bitcoin, the original and most prominent cryptocurrency, protecting their holdings is a constant priority. This is where innovative approaches like Bitcoin Multisig come into play, offering enhanced layers of protection beyond standard single-signature wallets. A significant development in this space recently occurred with the announcement that Asigna, a platform focused on smart multisig vaults for Bitcoin and its layer-2 protocols, has successfully closed a substantial seed funding round. Understanding the Asigna Platform and its Importance At its core, the Asigna Platform is designed to provide a sophisticated, non-custodial solution for managing Bitcoin. Traditional Bitcoin wallets rely on a single private key to authorize transactions. If that key is compromised, lost, or stolen, the funds are at risk. Multisig, or multi-signature, wallets require multiple keys to authorize a transaction. For example, a 2-of-3 multisig wallet requires at least two out of three designated keys to sign off on a transaction. Asigna takes this concept further with its ‘smart’ multisig vault. While the specifics of their ‘smart’ features were not detailed in the initial announcement, this often implies additional capabilities built into the multisig script or associated tools. These could include: More flexible signing policies Time-locks or conditional spending rules Integration with identity or recovery mechanisms Enhanced scripting capabilities for complex use cases The platform is specifically built for Bitcoin and its growing ecosystem of layer-2 protocols, such as the Lightning Network or Liquid. This focus is crucial as layer-2 solutions gain traction for faster and cheaper transactions, but still require secure management of the underlying Bitcoin. By offering a dedicated, smart multisig solution for these layers, Asigna aims to fill a critical gap in the infrastructure needed for Bitcoin’s continued adoption and scalability. Fueling Growth: The $3M Crypto Funding Round The announcement that Asigna has raised Crypto Funding to the tune of $3 million in a seed round signals strong investor confidence in their approach and the market need for advanced Bitcoin security solutions. The round was notably led by prominent firms in the digital asset investment space, including Hivemind Capital and Tykhe Block Ventures. They were joined by other significant participants such as Sats Ventures and Trust Machines, among others. The involvement of investors like Trust Machines is particularly noteworthy. Trust Machines is a company focused on building on the Bitcoin network, highlighting a strategic interest in foundational infrastructure that enhances Bitcoin’s capabilities and security. The participation of such focused investors suggests that they see Asigna’s technology as a key component in the future development and secure use of Bitcoin and its layer-2 ecosystem. While the press release did not disclose the specific intended use of the funds, seed funding typically supports key areas essential for a startup’s growth: Expanding the engineering and development team to build out the platform’s features. Investing in security audits and infrastructure to ensure the vault’s integrity. Developing marketing and sales efforts to reach potential users (individuals, businesses, institutions). Exploring integrations with more layer-2 protocols and ecosystem partners. This capital infusion provides Asigna with the resources needed to accelerate its development roadmap and bring its smart multisig technology to a wider audience. Boosting Bitcoin Security for a Decentralized Future The core value proposition of Asigna lies in enhancing Bitcoin Security . For many users, managing a single private key is a significant responsibility and risk. Losing the key means losing access to funds permanently. A single point of failure also makes users vulnerable to hacking or theft if their key is compromised. Multisig significantly mitigates these risks. By requiring multiple keys, held by different individuals or stored in different locations, it becomes much harder for a single point of failure to result in loss. This is particularly valuable for: Joint Accounts: Families or partners can require multiple signatures for spending. Business Treasuries: Companies can require multiple executives to approve transactions, preventing single-person fraud or errors. Inheritance Planning: Keys can be distributed among trusted parties to ensure funds can be accessed if the primary owner is incapacitated or deceased. Decentralized Organizations (DAOs): Community members can collectively manage funds through multisig voting mechanisms. Asigna’s focus on ‘smart’ multisig suggests they are building features that go beyond basic multi-signature requirements, potentially automating certain processes or adding conditional logic that further strengthens security and control for these complex use cases. Integrating this technology with layer-2 solutions means that as more value and activity shift to these faster networks, the underlying security infrastructure is already in place. The Power of Non-Custodial Control A defining characteristic of the Asigna Platform is its commitment to being Non-Custodial . This is a critical concept in the cryptocurrency space and directly relates to security and user control. A custodial service is one where a third party holds your private keys on your behalf. Examples include centralized cryptocurrency exchanges. While convenient, this means you do not have direct control over your funds; you are trusting the custodian to keep your keys safe and allow you access when you request it. If the custodian is hacked, goes bankrupt, or freezes your account, your funds are at risk. In contrast, a Non-Custodial solution like Asigna ensures that the user retains control of their private keys at all times. Asigna provides the software and framework for setting up and managing the multisig vault, but they do not hold any of the keys required to spend the Bitcoin. This aligns with the core ethos of Bitcoin – empowering individuals with direct control over their financial assets without relying on intermediaries. The challenge with non-custodial solutions, especially multisig, has historically been complexity. Setting up and managing multiple keys, understanding the backup procedures, and coordinating signatures can be daunting for average users. Platforms like Asigna aim to simplify this process, making the benefits of non-custodial multisig more accessible while still preserving the user’s ultimate control over their keys and funds. This balance between security, control, and usability is key to driving broader adoption. What’s Next for Asigna? Navigating Challenges and Opportunities With the successful Crypto Funding round complete, Asigna is positioned to accelerate its development and market penetration. The capital infusion allows them to invest heavily in technology, talent, and user experience. Potential future developments could include expanding the range of supported layer-2 protocols, adding more advanced ‘smart’ features to the vaults, developing partnerships within the Bitcoin ecosystem, and enhancing the platform’s usability to onboard more users. However, challenges remain. Educating users about the importance and mechanics of multisig and non-custodial solutions is an ongoing effort. Ensuring the platform remains secure against sophisticated attacks is paramount. Furthermore, competition in the Bitcoin infrastructure space is growing, requiring Asigna to differentiate itself effectively. Despite these challenges, the opportunity is significant. As Bitcoin matures as an asset class, the demand for professional-grade, secure, and user-friendly management tools will only increase. Institutions, corporations, and high-net-worth individuals are increasingly looking for robust ways to hold Bitcoin securely, and solutions like Asigna’s smart multisig vaults are directly addressing this need. The focus on layer-2 also positions them well for the future growth of the Bitcoin network’s transaction capacity and utility. Conclusion: A Step Forward for Bitcoin Security Asigna’s successful $3 million seed funding round marks a notable step forward for the infrastructure supporting Bitcoin Security and management. By focusing on a non-custodial, smart Bitcoin Multisig vault for the base layer and layer-2 protocols, the Asigna Platform is tackling critical needs for enhanced control and protection of digital assets. The significant Crypto Funding secured from reputable investors underscores the perceived value and potential of their solution in the market. As the platform develops, it holds the promise of making advanced, secure Bitcoin management more accessible, contributing to the overall maturity and safety of the Bitcoin ecosystem for individuals and institutions alike. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Bitcoin Multisig Pioneer Asigna Secures Crucial $3M Crypto Funding first appeared on BitcoinWorld and is written by Editorial Team