Author: Anmol Khatiwada

Cardano (ADA) Slips Below $0.80 – Is a Steeper Decline Ahead?

Cardano (ADA) is down, dropping below $0.73 with a 25% decline in a month. Weak network activity and bearishness could push it lower.



Cardano (ADA) doesn’t seem to be doing well right now. It just fell below $0.73, down 5.7% from its daily high of $0.77. ADA has dropped by over 25% in the past month, and the downtrend doesn’t appear to be slowing down.

One huge reason? Low network usage. Not as many people are using Cardano’s blockchain, cutting down on demand for ADA. Volume on its decentralized exchanges (DEX) also fell off a cliff, from $31.3 million last December to only $2.7 million today. Active wallets have meanwhile dropped from 113,500 in November to 25,900. Total value locked (TVL) in the system also nearly halved since December.

ADA has also been trailing behind Bitcoin (BTC). While BTC declined just 2.3% last quarter, ADA declined a staggering 32%. The ADA/BTC ratio pumped 193% at the end of last year but has dropped 45% since then, scaring investors.

Looking at the charts, a bearish pattern has just confirmed, and if the sell-off continues, ADA can fall to $0.65 or even $0.45. RSI is showing rising selling pressure, but if ADA can recapture $0.77, it might be able to achieve some stability. Otherwise, more downside could be on the cards.

Also Read: WazirX Moves ₹606 Crore Out of Bybit After Hack—Without Telling Anyone

YZY Coin Surges 85% Amid Rumors of Kanye West’s Crypto Endorsement

YZY memecoin jumped 85% after rumors Kanye’s backing it. Ye might use it for Yeezy payments, copying Trump’s crypto move.



YZY Coin just shot up 85% in a 24-hour surge after rumors started flying that Kanye West (now Ye) is planning to back the coin. The whispers are that Ye’s new crypto project could link to his Yeezy brand, with the coin becoming the go-to payment method on his website instead of traditional platforms like Shopify.

This isn’t merely rumor—Ye’s been very vocal about being ready to move away from the platforms that’ve distanced themselves from him due to his inflammatory remarks. The YZY token may be how he reclaims control and initiates a fiscal economy directly affiliated with his business ventures. Inner sources on the project report Ye holds 70% of the token supply, with 20% going to investors and 10% reserved for liquidity. It’s practically the same way Trump’s TRUMP coin was distributed, with most of the coins going to a company related to Trump’s brand.

But Ye’s token has bad blood too. Critics say it is just another celebrity-backed crypto venture, poised to make money off of fans with little or nothing new to its credit. Still, the rapid rise of the coin portends that fans are eager to get on the Ye bandwagon—be it for business or just hype.

Also Read: SEC Drops Case Against OpenSea NFT Marketplace, No Charges Filed

SEC Drops Case Against OpenSea NFT Marketplace, No Charges Filed

SEC dropped its case against OpenSea, calling off NFT securities claims. Crypto fam sees it as a huge win for Web3.

Big W for NFTs—SEC just dropped its case against OpenSea, meaning no charges for the massive NFT marketplace. OpenSea’s founder, Devin Finzer, called it a win for the entire space after revealing the news on Feb 21.

This comes right after the SEC also backed off from a lawsuit against Coinbase, where they accused the exchange of running as an unregistered securities broker. OpenSea got hit with a Wells Notice last year, meaning legal action was on the table, but now? SEC is walking away.

The NFT world is celebrating, with Magic Eden’s Chris Akhavan calling it a win for the industry. Even crypto figure Beanie said it brings much-needed regulatory clarity.

Meanwhile, OpenSea isn’t slowing down. The platform is dropping its new SEA token soon, though the exact date is still unclear. But not everyone’s happy—some users have been roasting OpenSea’s recent airdrop rewards, saying it encouraged wash trading and ignored creators.

The SEC staying hands-off on NFTs could mean a regulatory shift, but they haven’t officially explained why they dropped the case. Either way, Web3 just dodged a bullet.

Also Read: Vitalik Buterin Frustrated with Ethereum’s Growing Casino Culture

Kanye West Announces Plans to Create His Own Blockchain

Kanye’s diving into crypto, planning “YZYCHAIN,” but backlash hit after he mentioned “Swasticoin.” Token drop next week—70% for himself.

Kanye West is back in the headlines, and this time it’s all about crypto. Ye just announced plans to launch his own blockchain, supposedly called YZYCHAIN, aiming to build his own digital empire instead of relying on existing platforms.

He dropped the news on X, sharing texts from someone named Edward, who hyped him up, saying he’s got the influence to make it happen. The idea? Fork Solana or Dogecoin and let users mine tokens to power the network.

But things got messy real quick. Ye went off on memecoins, calling them fake, and then suggested launching a token called “Swasticoin”—which, yeah, is as bad as it sounds. This sparked major backlash, especially given his history of controversial takes.

Ye’s been checking out different blockchains like Ethereum, Solana (which he spelled “Solona”), BNB Chain, and Hyperliquid. He also tried linking up with Binance co-founder CZ, who just hit him with a thinking emoji.

Word is, Ye’s dropping a token next week, with 70% of the supply going straight to him. Whether this actually happens or is just another wild Ye moment, only time will tell.

Also Read: Breaking: Bybit Hit by Massive Hack, $1.5 Billion in Crypto Stolen

BlackRock Bitcoin ETF Achieves 50% Market Share Despite Market Pullback

BlackRock Bitcoin ETF hits 50% market share during a 3-day sell-off. Bitcoin price holds firm, showing strength independent of ETF flows.



BlackRock Bitcoin ETF is absolutely dominating! The world’s largest asset manager now holds more than 50% of all Bitcoin ETF assets in the U.S., with more than $56.8 billion in assets. This milestone is achieved just over a year after U.S. spot Bitcoin ETFs launched in January 2024.

Despite the recent 3-day sell-off in Bitcoin ETFs, where over $364 million in net outflows were recorded, BlackRock’s iShares Bitcoin Trust ETF (IBIT) took a hit of $112 million but still remains at the top.

ETFs accounted for a huge portion of Bitcoin’s latest surge, making up 75% of new investments as Bitcoin crossed the $50,000 mark. Bitcoin has also been strong. In spite of outflows in ETFs, its price has still been able to remain over $99,000 as of today.

Industry pros like Marcin Kazmierczak from RedStone believe that Bitcoin’s strength is due to other factors beyond ETFs, like market liquidity and institutional accumulation. Some are worried about Bitcoin’s price action being manufactured, with Samson Mow noting the market looks like it’s stuck in a range. Despite that, Bitcoin remains a top player in the crypto scene.

Also Read: KuCoin EU Applies for MiCAR License to Expand Operations in Austria & EEA

KuCoin EU Applies for MiCAR License to Expand Operations in Austria & EEA

KuCoin EU is setting up in Vienna, Austria, to expand across the EEA with a MiCAR license. With top crypto execs onboard, they’re pushing for secure, compliant, and innovative crypto services in Europe.



KuCoin is taking big steps in Europe! The global crypto exchange is applying for a MiCAR license in Austria to expand its services across all 30 EU and EEA countries. With this license, KuCoin EU will offer secure, trustworthy crypto services that comply with European regulations.

Austria’s Vienna was selected as the European headquarters for KuCoin due to its firm legal landscape, clear crypto regulations, and accessibility of elite personnel. KuCoin is also conducting recruitment efforts in order to have a solid regional team.

KuCoin EU will abide by all laws when it comes to providing leading digital asset solutions, CEO BC Wong announced. Under the MiCAR license, users in the EU will receive secure and localized crypto services from KuCoin.

For this project, KuCoin has appointed Oliver Stauber (former Bitpanda) and Christian Niedermueller (former CEO of a cryptocurrency exchange) as Managing Directors, with exhaustive experience in finance and law, including aspects that guarantee compliance and growth within Europe.
Both these MDs, after the approval, will enhance the EU’s presence in the international crypto markets, accelerate blockchain adoption while assuring transparency, security, and innovation.

Also Read: LTC Skyrockets 46% as ETF Buzz and Whale Activity Fuel Rally

LTC Skyrockets 46% as ETF Buzz and Whale Activity Fuel Rally

Litecoin pumped 46% on ETF hype and whale buying. CoinShares applied for a Litecoin ETF, and SEC review is underway. Transactions are booming, and whales grabbed $500M in LTC. If momentum holds, $225 is possible.


Litecoin is making waves! The so-called “underrated” crypto just hit new highs, surging 46% this month as ETF hype and whale buying fuel the rally. With CoinShares filing for a Litecoin ETF on Nasdaq, excitement is growing, and the SEC is currently reviewing the proposal. If approved, an ETF would let investors trade LTC like stocks—no wallets, no private keys, just easy access.

Analysts predict a 90% probability the ETF will be approved by late 2025, as U.S. regulators gradually become more comfortable with crypto. But this rally is not mere speculation—Litecoin’s everyday transaction volume has surged to $9.6 billion, a 243% increase from August 2024. Individuals are literally spending LTC, not simply holding onto it.

Meanwhile, whales are making moves. In a two-week period, institutional investors have purchased $500 million worth of LTC, suggesting serious confidence in its long-term value.

Litecoin is trading at around $138 now, with $120 being the crucial support. If the hype continues, analysts are expecting it to go up to $225, but a drop below $80 would kill the momentum.

Everybody’s holding their breath for the SEC—if the ETF happens, Litecoin would take over the entire crypto landscape.

Also Read: Solana on the Edge: Can SOL Hold or Drop to $125?

Kanye West Speculation Sparks 85% Rally in YZY Coin

YZY Coin pumped 85% in 24 hours as it spread like a rumor that Kanye (Ye) would be launching his own crypto. Ye is allegedly going to use YZY for Yeezy products, abandoning websites like Shopify. Sources say Ye holds 70% of supply, using Trump’s TRUMP token model.


Kanye West, now Ye, is back in the headlines—this time for crypto. Rumors are flying that he’s launching his own token, and the market is eating it up. YZY Coin, a little-known memecoin, skyrocketed 85% in 24 hours after speculation that Ye wants to ditch traditional platforms like Shopify and use crypto for his Yeezy brand.

According to reports, Ye’s token will tie into his clothing and business empire, giving fans a way to buy merch without relying on mainstream platforms that cut ties with him over past controversies. Insiders say he holds 70% of the YZY supply, while 20% goes to investors and 10% for liquidity—similar to Trump’s TRUMP coin setup.

Although Ye hasn’t made the token official, his recent interview indicated getting into crypto despite having spoken against memecoins previously. It would put him in the company of other celebrities jumping on the crypto bandwagon despite most such ventures being accused of exploiting fan loyalty.

Will YZY be the next big thing or just another celebrity cash grab? Only time will tell, but for now, the hype is here.

Also Read: Coinbase CEO Warns: “You Can End Up in Jail” Over Memecoins

Microsoft Alerts: New Malware Targets and Steals Crypto on Apple MacOS Devices

Microsoft warns new XCSSET malware can steal crypto and data on MacOS, urging caution against unapproved app downloads.



Microsoft just flagged an updated version of the XCSSET malware, which is now more dangerous for MacOS users. This malware, which first popped up in 2020, has always been known for stealing data from apps like Telegram and Apple Notes. But the new variant has a scary new trick—it can change Bitcoin addresses shown in browsers, leading to potential crypto theft.

Since 2022, the XCSSET malware has gotten more advanced, with improved hiding techniques, better ways to stay on infected systems, and even newer infection methods. Microsoft says that this version still targets digital wallets, collects system info, and steals data from apps like Notes, but the new features make it even harder to spot.

Even though this version of XCSSET has not yet spread widely, users are reminded to stay alert. Microsoft Defender for Endpoint for Mac can detect the malware, but you are still warned to be more cautious downloading unauthorized programs or Xcode projects. Always download your apps via the Mac App Store to ensure they are genuine and safe.

Since ransomware and malware evolve every minute, the better choice for operating MacOS would demand staying up-to-date with dangers as well as applying the methods of protection used in securing cryptocurrencies and those files.

Also Read: Nigeria Files $81.5B Lawsuit Against Binance for Economic Losses and Tax Evasion

Nigeria Files $81.5B Lawsuit Against Binance for Economic Losses and Tax Evasion

Nigeria is suing Binance for $81.5B tax evasion and economic damage, blaming it for the collapse of the naira and financial instability.



Nigeria just sued Binance for a record $81.5 billion, claiming that the exchange had caused enormous economic damage to the country. The suit demands $79.5 billion in damages and $2 billion in unpaid taxes. The devaluation of the naira was largely brought about by Binance, the Nigerian government claimed, and its foreign exchange trading damaged the local economy.

Binance has not yet registered in Nigeria, but the Federal Inland Revenue Service (FIRS) argues that the exchange has adequate presence to be taxed as a company. FIRS is requesting Binance to pay tax and penalty from three and two yeas ago for late payment. The government is asking for a 26.75% rate of interest on the unpaid tax.

In addition to tax issues, Binance is facing four counts of tax evasion, from failure to file tax returns to helping users evade taxes. The firm had previously stated it’s working with Nigerian regulators to resolve tax problems but has not responded to the new suit.

Meanwhile, Binance stopped transactions in Nigerian naira in March 2024 after the government intensified its crackdown on crypto exchanges. Binance is also facing separate money laundering charges, which it denies.

Also Read: Whale Withdraws $20.8M in SOL from Binance—Is a Price Surge Incoming?

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