Author: Defx Intern

The Solana-based meme coin BONK has seen a dramatic 76% price decline from its peak, effectively wiping out all of its gains from 2024. Despite this significant pullback, a crypto analyst suggests that the current dip could present a strategic buying opportunity for investors.

BONK’s recent crash marks the fourth major correction in its history, with the meme coin experiencing three significant price drops of over 60% in 2024 alone. The current 76.08% decline in 2025 is the highest crash compared to the previous corrections.

However, the TradingView analyst ‘Cusdridge19523’ believes that BONK’s current price level, which aligns with past support and consolidation areas, offers an attractive entry point for investors looking to capitalize on market dips. Historically, BONK has demonstrated a clear pattern of strong price reversals following sharp market corrections.

Furthermore, the analyst reveals a bullish outlook for the broader crypto market in 2025, with growing speculation surrounding Solana-based Exchange Traded Funds (ETFs). The potential introduction of a Solana ETF could drive institutional interest, indirectly benefiting meme coins like BONK. The possibility of a BONK ETF has also been highlighted, adding to the bullish sentiment.

While the recent price decline may seem discouraging, it is essential to consider the historical context and potential market catalysts. BONK’s past performance suggests that significant dips often precede strong recoveries, making the current price level an intriguing opportunity for risk-tolerant investors.

As always, it is crucial to conduct thorough research and consider individual risk tolerance before making any investment decisions. The volatile nature of meme coins and the broader cryptocurrency market demands caution and a well-informed approach.

Tags: Solana, BONK, meme coins, price analysis, buying opportunity, ETFs

Source: https://www.newsbtc.com/analysis/bonk/solana-bonk-roundtrips/

Economist Peter Schiff has sounded the alarm on the Federal Reserve’s stress tests, claiming they fail to account for a potential financial catastrophe that could bring down major banks. In his view, the Fed’s recent 2025 stress test scenarios, which outline hypothetical economic conditions, do not adequately address the true risks facing the banking system.

Schiff’s warning carries weight given his track record of predicting the 2008 financial crisis. If his assessment proves accurate, it could have far-reaching implications for the stability of the global financial system. The potential for a banking collapse would likely send shockwaves through markets, leading to a significant downturn in asset prices and a flight to safe-haven investments like gold and bitcoin.

For cryptocurrency enthusiasts, Schiff’s warning may reinforce the narrative of bitcoin as a hedge against traditional financial instability. If confidence in the banking system erodes, more investors may turn to decentralized assets as a means of protecting their wealth. However, it’s important to note that bitcoin’s price would not be immune to a broader market sell-off in the short term.

Ultimately, the Fed’s response to Schiff’s critique and its ability to navigate potential economic headwinds will be critical in determining the severity of any future financial crisis. As the situation develops, market participants will need to remain vigilant and adapt their strategies accordingly.

Tags: Peter Schiff, Federal Reserve, financial crisis, bitcoin, banking system

Source: https://news.bitcoin.com/no-major-bank-could-survive-it-peter-schiff-warns-fed-is-unprepared-for-real-threat/

Berachain, a new “proof-of-liquidity” blockchain with a bear theme, has officially launched its mainnet. Alongside the launch, the project is conducting a massive $1.1 billion airdrop of its native BERA token.

As a rival to established networks like Solana and Ethereum, Berachain aims to attract developers and users with its unique consensus mechanism and the allure of the substantial initial token distribution. The proof-of-liquidity model is said to prioritize projects and users that contribute significant liquidity to the ecosystem.

The $1.1 billion BERA airdrop is likely to generate significant attention and potentially drive short-term demand for the token. However, the long-term success of Berachain will depend on its ability to foster a thriving developer community, attract meaningful applications, and demonstrate clear advantages over existing blockchain networks.

Investors should approach new blockchain projects with caution and conduct thorough research before participating in any token sales or airdrops. The hype surrounding large airdrops can sometimes overshadow the fundamental value and viability of a project.

As Berachain enters the competitive landscape of layer-1 blockchains, it will need to differentiate itself through technical innovation, ecosystem growth, and strong partnerships. The project’s progress in the months following its mainnet launch will provide crucial insights into its potential to establish itself as a significant player in the blockchain industry.

Tags: Berachain, BERA token, proof-of-liquidity, blockchain, airdrop

Source: https://decrypt.co/304738/berachain-bera-airdrop-mainnet-launch

In a recent interview with the Wall Street Journal, iconic actor Harrison Ford praised the voice actor who portrayed him in the new ‘Indiana Jones’ video game. Ford, also known for his role as Han Solo in the Star Wars franchise, emphasized that the actor did a brilliant job without the need for artificial intelligence (AI) to replicate his voice and performance.

This statement comes amidst growing concerns in the entertainment industry about the potential use of AI to replace human actors and voice artists. Ford’s endorsement of the human voice actor’s work in the ‘Indiana Jones’ game serves as a testament to the unique value and authenticity that human performers bring to their craft.

While AI has made significant strides in voice synthesis and replication, it still lacks the emotional depth, nuance, and soul that human actors can infuse into their performances. Ford’s comments underscore the importance of preserving the human element in creative industries, even as technological advancements continue to shape and transform various aspects of entertainment.

As the debate surrounding AI’s role in the entertainment industry evolves, Harrison Ford’s stance serves as a reminder of the irreplaceable value of human talent and the need to strike a balance between embracing innovation and preserving the essence of artistic expression.

Tags: Harrison Ford, Indiana Jones, Video Games, Voice Acting, Artificial Intelligence

Source: https://decrypt.co/304739/harrison-ford-indiana-jones-video-game-ai

In a significant development, the U.S. Securities and Exchange Commission (SEC) has reassigned its lead crypto prosecutor, signaling a potential shift towards a more pro-crypto regulatory approach. This move comes as Republican leadership and directives from the Trump administration push for a more accommodating stance on cryptocurrencies.

The reassignment of top crypto enforcers at the SEC marks a turning point in the agency’s approach to regulating the crypto industry. With the departure of key figures who have been at the forefront of the SEC’s crypto enforcement actions, a new era of regulatory oversight may be on the horizon.

The implications of this policy shift could be significant for the crypto market. A more pro-crypto stance from the SEC could pave the way for greater institutional adoption and mainstream acceptance of cryptocurrencies. It may also provide clarity on the regulatory framework surrounding digital assets, reducing uncertainty for investors and entrepreneurs alike.

As the SEC navigates this new direction, market participants will be closely watching for any changes in enforcement actions and regulatory guidance. The crypto industry has long sought clearer rules and a more supportive regulatory environment, and this shift at the SEC could be a step towards achieving those goals.

However, it remains to be seen how this new approach will play out in practice. While a pro-crypto stance is encouraging, the SEC will still need to balance investor protection with fostering innovation in the crypto space. Striking the right balance will be crucial in shaping the future of the crypto market in the United States.

Tags: SEC, crypto regulation, Trump administration, pro-crypto, regulatory shift

Source: https://news.bitcoin.com/secs-lead-crypto-prosecutor-reassigned-as-regulatory-shift-takes-hold/

Crypto strategist Ali Martinez’s recent fractal analysis suggests that Cardano (ADA) could be on the verge of a staggering 1,850% rally, potentially reaching $15 from its current price around $0.76. The analysis, based on comparing the current market structure to the 2018-2021 cycle, points to a near-identical setup that could lead to a parabolic surge in ADA’s price.

The key level to watch, according to Martinez, is the $0.76-$0.80 range, which is acting as a critical support zone. In the previous cycle, this level served as a springboard for a massive bull run. If history repeats itself, ADA could see a significant upside move, with the next major resistance around $1.60, followed by a potential rally towards $15.

While fractals are not guarantees of future price action, they provide valuable insights into potential market behaviors. Martinez’s analysis underscores the importance of the $0.76 support level for Cardano and suggests that a successful retest of this level could lead to a strong bullish momentum.

As with any technical analysis, it’s crucial to consider broader market conditions and sentiment. If the overall crypto market remains bullish and Cardano continues to see strong development and adoption, the fractal-based projection could play out, leading to substantial gains for ADA holders.

However, it’s important to note that the crypto market is known for its volatility, and past performance does not guarantee future results. Investors should always conduct their own research and exercise caution when making investment decisions.

Tags: Cardano price prediction, ADA price analysis, crypto market analysis, fractal analysis, technical analysis

Source: https://www.newsbtc.com/news/cardano-explode-1850-monster-parabolic-rally/

In a recent market downturn, three of the top cryptocurrencies – Dogecoin, XRP, and Cardano – have experienced significant losses, each shedding approximately 26% of their value over the past week. This decline comes as Bitcoin, the world’s largest cryptocurrency by market capitalization, struggles amidst the ongoing trade war initiated by former U.S. President Donald Trump.

The current market sentiment appears to be driven by a combination of factors, including geopolitical tensions and regulatory uncertainty. As Bitcoin, often regarded as a bellwether for the broader crypto market, faces challenges, altcoins such as Dogecoin, XRP, and Cardano have found themselves caught in the downdraft.

This recent market volatility serves as a reminder of the inherent risks associated with investing in cryptocurrencies. While these digital assets have the potential for significant gains, they are also susceptible to rapid and substantial declines. Investors should exercise caution and conduct thorough research before allocating funds to any cryptocurrency.

Moving forward, market participants will likely keep a close eye on developments surrounding the trade war and any potential regulatory actions that could impact the crypto space. As the market continues to evolve, it remains to be seen how these top coins will fare in the face of ongoing challenges and uncertainties.

Tags: Dogecoin, XRP, Cardano, Bitcoin, Crypto Market Downturn

Source: https://decrypt.co/304737/dogecoin-xrp-cardano-down-bad-bitcoin-sinks

In a significant development for the privacy-focused blockchain ecosystem, Zano has announced a strategic partnership with Cake Wallet, a popular non-custodial wallet among privacy enthusiasts. The collaboration aims to make privacy features more accessible and user-friendly for the web3 community.

Zano, an L1 blockchain designed for confidential assets and private dApps, was founded by Andrey Sabelnikov, the lead developer behind CryptoNote. By partnering with Cake Wallet, Zano seeks to accelerate the adoption of privacy tokens and bring enhanced privacy features to a wider audience.

This partnership holds promising implications for the privacy coin market. As privacy concerns continue to grow within the cryptocurrency space, solutions that prioritize user confidentiality and security are becoming increasingly critical. By combining Zano’s robust privacy infrastructure with Cake Wallet’s user-friendly interface and wide reach, this collaboration could significantly lower the barriers to entry for privacy token adoption.

Moreover, the integration of Zano’s privacy features into Cake Wallet may attract a new wave of users who value financial privacy but have previously found privacy coins and wallets too complex or intimidating. This increased accessibility could potentially drive demand for privacy tokens and contribute to the growth of the privacy-focused blockchain ecosystem as a whole.

As the partnership unfolds, it will be essential to monitor its impact on the adoption rates of privacy tokens, as well as any regulatory responses that may arise. Privacy coins have often faced scrutiny from authorities due to concerns over their potential use in illicit activities. However, partnerships like this highlight the legitimate demand for privacy solutions in the blockchain space and could help foster a more nuanced understanding of the role of privacy in the digital asset ecosystem.

Tags: Zano, Cake Wallet, privacy tokens, blockchain privacy, CryptoNote

Source: https://news.bitcoin.com/leading-privacy-blockchain-zano-partners-with-cake-wallet-to-bring-mass-adoption-to-privacy-tokens/

Ethereum’s highly anticipated Pectra upgrade is inching closer to reality as core developer Tim Beiko announced key dates for testnet forks. The Holesky testnet is set to fork on February 24th, followed by additional testnet forks in March, paving the way for the eventual deployment of Pectra on the Ethereum mainnet.

The Pectra upgrade is expected to bring significant improvements to Ethereum’s performance and scalability, which could have major implications for the blockchain’s ecosystem. As the second-largest cryptocurrency by market capitalization, any upgrades to Ethereum’s network are closely watched by the crypto community and can potentially impact the wider market.

The announcement of the testnet forks indicates that the development team is confident in the progress made thus far and is ready to put Pectra through its paces in a live testing environment. Successful testnet deployments will be crucial in ensuring a smooth rollout of the upgrade on the mainnet, minimizing any potential disruptions to the network.

As the Pectra upgrade moves closer to implementation, it will be important for developers, projects, and users within the Ethereum ecosystem to stay informed and prepare for the changes. The upgrade may require updates to existing smart contracts and dApps to ensure compatibility and optimal performance.

Overall, the progress made on the Pectra upgrade is a positive sign for Ethereum and the broader crypto market. If successful, the upgrade could help Ethereum maintain its position as a leading blockchain platform and drive further adoption and innovation in the space.

Tags: Ethereum, Pectra upgrade, testnet forks, blockchain, scalability

Source: https://news.bitcoin.com/ethereums-pectra-upgrade-inches-closer-core-developer-announces-key-dates-for-testnet-forks/

In an increasingly monopolized economic landscape dominated by institutionalized credit, innovative technologies like Bitcoin and Nostr are emerging as potential catalysts for change. These groundbreaking protocols together can usher in a new era of innovation, free from the financial constraints of the fiat system.

Historically, innovation thrived under hard metal currencies like the gold standard, driven by independent individuals and private companies. However, the modern fiat-based monetary system has made it increasingly difficult for innovation to emerge without institutional funding. The reliance on institutionalized credit has led to a dependence on central authorities, disrupting the progress and prosperity that results from a free market.

Bitcoin, introduced in 2009, broke the state monopoly on money. Its limited supply and excellent monetary properties allow entrepreneurs to preserve the value of their efforts, creating opportunities for bottom-up innovation. Nostr, launched shortly after, adds a layer of censorship-resistant information-sharing to the Bitcoin and Lightning protocol suite, opening up a new territory of freedom.

Nostr has the potential to enable rapid problem-solving and innovation that cannot be easily controlled by central authorities. By facilitating seamless communication and collaboration, Nostr empowers market participants to innovate faster and reward ingenuity. The countless applications being built on Nostr, such as Nostrocket, demonstrate its potential to coordinate decentralized, Bitcoin-based economies and create economically sustainable organizations.

The combination of Bitcoin, Lightning, and Nostr provides a powerful protocol suite for a freer Internet and society. As Nostr becomes the gateway to a truly free Internet, it has the potential to unleash the collective creativity of humanity and drive unprecedented progress.

Tags: Nostr, Bitcoin, Lightning Network, censorship-resistance, innovation

Source: https://bitcoinmagazine.com/culture/nostr-the-importance-of-censorship-resistant-communication-for-innovation-and-human-progress-