Author: Yeek.io

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Pixiland, a pixel strategy game on the Ethereum sidechain Ronin Network, has announced a full transition to an off-chain (web2) model, effectively canceling its long-awaited token launch. This strategic pivot means the two-year-old web3 game will halt its Token Generation Event (TGE) and listing plans. The “wPixi” points system, which players had grinded for…

The last 24 hours haven’t been great for Dogecoin, with the memecoin down by less than a percent. In comparison, some of the market’s other popular, but low-capped memecoins have outperformed it on the price charts. While whales were accumulating WHITEWHALE, among other AI-themed memecoins, their activity was different on DOGE. Will the launch of the 21Shares Dogecoin ETF help reverse a potential price breakdown? Will whales’ redistribution ignite breakdown? According to popular analyst Ali, whales have redistributed about 410 million DOGE tokens since last week. Right now, they hold slightly more than 17.34 billion DOGE – Also a significant…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto industry is hiring the wrong marketers, and it’s costing the market real money. The sector’s post-exchange-traded fund visibility has vaulted crypto into mainstream finance, but many teams still staff marketing like a hackathon. It’s all junior hires, celebrity tie-ins, and virality over compliance and craft. Summary Crypto marketing has outgrown hackathon culture — junior, viral-first, celebrity-driven strategies are now dangerous in a regulated environment and are leading directly to fines, bans, and reputational damage. Marketing…

Ralph Coin [RALPH], the AI memecoin linked to the “Ralph Wiggum” trend, saw an 80% price drop after a developer sold $300k of the token into thin liquidity. The losses came in a single 4-hour trading session. In an update on X on 22 January, Lookonchain noted that the developer sold 7.68 million RALPH tokens worth 1,888 Solana [SOL]. This was worth $245k at the time, and the memecoin’s market cap crashed from $50 million to around $5 million. Source: Bubblemaps on X Bubblemaps shared on Thursday that the seller’s cluster still held 3% of the supply. At the time…

Quick take: Dan Romero, a former vice president at Coinbase, assured followers that Farcaster isn’t shutting down, and that Neynar plans to shift it in a more developer-focused direction. According to Romero, Farcaster had 250,000 MAUs in December and boasts over 100,000 funded wallets. On January 20, Aave transferred Lens Protocol stewardship to Mask Network, highlighting the ongoing consolidation in the crypto social segment of the blockchain industry. Merkle Manufactory, the organization behind the Ethereum-based Web3 social media infrastructure platform Farcaster, has announced plans to return $180 million to venture capital backers. The report came out late on Thursday after…

Quick take: People familiar with the matter cautioned that the plans could still change, according to the Financial Times. Ledger offers cold wallet storage devices, enabling crypto users to store private keys off-chain. Founded in 2014 in Paris, Ledger was valued at $1.5 billion in 2023 after raising funds from the likes of Singapore’s True Global Ventures and 10T Holdings. Cryptocurrency security company Ledger, the developers of the popular cold storage crypto wallet by the same name, is reportedly going public in an IPO that could value it at more than $4 billion. According to the report by the Financial…

Pippin [PIPPIN] traded within a consolidation range of $0.28 and $0.35; the memecoin bottomed at $0.26 and rebounded. Soon, PIPPIN broke out of this range and touched a local high of $0.415, clearing its recent losses. As of this writing, PIPPIN traded at $0.412, up 27.57% on the daily charts. Over the same period, its volume jumped 21% to $56.5 million, while its market cap rose 25% to $388 million.  PIPPIN sees renewed interest, with whales leading After a prolonged period of weakness, investors, both whales and retail, rushed into the market and defended key levels.  According to how2onchain, Wintermute’s…

An AI-themed meme coin associated with the “Ralph Wiggum” prompting trend declined sharply after on-chain data indicated a wallet connected to developer Geoffrey Huntley sold a substantial amount of tokens within one hour, according to visual analytics platform Bubblemaps. Summary RALPH tokens plunged after wallet-linked sales by Huntley and other whales. Huntley described the sales as “de-risking,” while critics argued the timing undermined confidence; some suggested gradual exits through liquidity pools to reduce market impact. RALPH’s market cap dropped sharply with intraday trading volume exceeding total supply, though the token remains above its early-January low, highlighting volatility in speculative meme…

WHITEWHALE crypto surged over 72% in the past 24 hours, erasing some of the losses seen over the past week since the post-launch rally. The memecoin had crashed by over 86% since reaching its peak cap last week. Trader activity, particularly from bad actors, has influenced the memecoin’s anomalous performance. Team uncovers spoofing orders from some exchanges First, this memecoin’s crash was manufactured. The WHITEWHALE team uncovered a series of spoofing sell orders on some exchanges, like MEXC. Through a statement on X (formerly Twitter), The WhiteWhale Team reported, “A little over a week ago we detected active market manipulation…

Dogecoin has gained a new layer of institutional legitimacy with the launch of a Dogecoin exchange-traded product [TDOG] by 21Shares on 22 January, in the US. However, the memecoin’s price action suggests the market is yet to treat the development as a bullish catalyst. The product offers regulated exposure to Dogecoin and marks one of the most serious attempts yet to package the meme token for traditional investors.  Despite the milestone, DOGE has continued to trade lower, extending a multi-month downtrend. ETF access arrives as DOGE trades near cycle lows At the time of writing, Dogecoin is trading around $0.124,…