According to the May 6 statement, the product enables exposure to CRO via traditional banks and brokers, removing the need for direct crypto wallet or exchange handling.

“With the Cronos ETP, we’re providing investors with regulated access to a blockchain ecosystem that is seeing real-world adoption,” said Mandy Chiu, Head of Product Development at 21Shares.

Cronos Ecosystem and Market Outlook

Cronos is a layer-1 blockchain that integrates with Ethereum and Cosmos, supporting DeFi, NFTs, and Web3 applications. Backed by Crypto.com, Cronos has a market cap of $2.3 billion and a fully diluted valuation of nearly $8.7 billion, according to CoinMarketCap.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Data from DeFiLlama shows Cronos’ total value locked (TVL) stands at around $400 million. One of its core products, Crypto.com Staked ETH, accounts for nearly $64 million in TVL.

Surge In Altcoin Investment Products

Just a day earlier, VanEck filed in the US to launch an ETF for BNB, the native token of the Binance-affiliated BNB Chain. This marks the first US ETF filing for BNB.

21Shares has also submitted ETF proposals for Dogecoin, Polkadot, and Solana in the United States. In total, the SEC is reviewing over 70 cryptocurrency ETF applications.

The recent wave of filings follows President Donald Trump’s shift toward a more crypto-friendly regulatory stance, significantly easing industry expectations around ETF approvals.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post 21Shares Launches ETP for Crypto.com’s Cronos (CRO) in Europe appeared first on Coin Engineer.

Babylon’s Core Approach

Babylon operates using a “shared security” model, allowing different PoS networks to benefit from the security provided by Bitcoin. Bitcoin investors can stake their BTC without wrapping or bridging it to another network, in return for alternative coin rewards from PoS networks.

The protocol is built on the Cosmos SDK. This infrastructure allows the node structure to be segmented into different blocks, lowering checkpoint costs. Additionally, it consists of multiple modules, each serving the security of PoS networks.

The Future of Babylon and Token Status

Currently, Babylon does not have an official token, but it is expected that a potential BABY token will support the governance layer, based on industry parallels (e.g., EigenLayer). As the project is preparing for its mainnet launch, it has completed its testnet phase, and users are expected to be rewarded through a points system while providing liquidity.

You Might Be Interested In: Babylon Announces Official Foundation: Is Token Launch Coming?

Babylon Network Strategic Phases

Babylon Network is being rolled out in three phases, each unlocking the full potential of the protocol. The first phase begins with Bitcoin staking, aiming to create a solid and interoperable security layer for PoS blockchains, all while maintaining the self-custodial nature of Bitcoin.

Phase 1: Bitcoin Locking

The first phase lays the foundation by allowing Bitcoin holders to securely lock their BTC without losing ownership or control.

• BTC can be locked in users’ wallets without wrapping or bridging.
• Security audits were carried out to ensure the process’s robustness.
• A covenant committee was formed to oversee protocol safety and implementation.
• This phase focused on creating a secure environment for BTC to participate in staking activities.

Phase 2: Babylon Genesis Launch

The second phase marks the birth of Babylon Genesis, the first operational chain in the Babylon ecosystem. It introduced several essential components:

• A stable testnet (bbn-test-5) launched on January 8, 2025, for thorough testing.
• Mainnet went live, establishing Babylon Genesis as the foundation for the network.
• Finality Providers were activated to validate blocks and strengthen consensus.
• BTC holders from Phase 1 began staking their BTC on the Genesis chain.
• A Token Generation Event (TGE) took place, and the BABY token was officially distributed.
• An airdrop distributed BABY tokens to early users, contributors, and BTC stakers as a reward.

Phase 3: Bitcoin Multi-Staking

The final phase aims to scale Babylon by allowing Bitcoin to secure multiple PoS chains simultaneously, creating Bitcoin Secured Networks (BSNs).

• Babylon will integrate with more blockchains, allowing Bitcoin to secure diverse PoS ecosystems.
• Trust-minimized bridges for Liquid Staking Tokens (LSTs) will be created to enhance interoperability and liquidity.
• The Finality Provider network will be decentralized by bringing in more independent providers to improve trust and resilience.
• This phase will mark Babylon‘s full vision, transforming Bitcoin from a passive asset to a powerful force for cross-chain security.

Babylon Advantages

• Innovative design with the potential to make a market impact.
• Over 300,000 active users participated in testnet stages.
• Strong social media and influencer strategy.
• High scores in PR, SEO, and growth marketing.
• Raised $96 million from investors such as Paradigm, Polychain Capital, and Binance Labs.
• Strong partnership network and potential for exchange listings.
• The founding team includes experienced leaders, including a Stanford University professor.

Babylon Tokenomics

• Total Supply: 10 billion
• Token Distribution:
• 30.5% Early Private Round Investors
• 18% Ecosystem Development
• 18% Research and Development (R&D)
• 15% Community Incentives
• 18.5% Others

Babylon Investment and Funding Information

Babylon has raised a total of $96 million so far. Leading investors include Paradigm, Polychain Capital, Binance Labs (YZi Labs), Galaxy, HashKey Capital, Hack VC, and Framework Ventures.

• Seed Round (March 2023): $8M
• Series A (December 2023): $18M
• Latest Funding (May 2024): $70M

This strong financial support is a significant advantage for the project’s development and potential token listings.

Babylon Funding and Investment Information

Babylon offers a revolutionary opportunity to secure PoS chains through Bitcoin, providing both Bitcoin investors and blockchain infrastructure providers with a game-changing solution. As the project approaches its mainnet launch, it is poised to become one of the most prominent infrastructure projects in the 2025 crypto ecosystem, backed by strong partnerships and substantial investment.

Website: Babylon Website
X (Twitter): Babylon X
Litepaper: Babylon Litepaper

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Babylon (BABY)? appeared first on Coin Engineer.

Bitcoin (BTC) Key Intraday Levels

The BTC/USD pair has dropped 2.30% in the last 24 hours and is currently trading at $99,472. Bitcoin (BTC) lost the $101,545 support level and is moving towards lower support levels. If BTC attempts a rebound, $101,545 will act as a resistance level.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Ethereum (ETH): The ETH/USDT pair has dropped 4.69% in the last 24 hours and is currently trading at $3,105. The resistance levels are $3,217 and $3,290, while the support levels are $3,091 and $2,994.

Cosmos (ATOM): The ATOM/USDT pair has dropped 9.15% in the last 24 hours and is currently trading at $5.671. The resistance levels are $5,925 and $6,130, with support levels at $5,588 and $5,387.

The Graph (GRT): The GRT/USDT pair has dropped 7.67% in the last 24 hours and is currently trading at $0.1624. Resistance levels are $0.1646 and $0.1809, while support levels are $0.1612 and $0.1517.

Maker (MKR): The MKR/USDT pair has dropped 5.56% in the last 24 hours and is currently trading at $1,075. The resistance levels are $1,107 and $1,200, with support levels at $1,060 and $1,006.

Trending Coins

In the last 24 hours, the most trending cryptocurrencies in the market include THORChain (RUNE), Official Trump (TRUMP), and Virtuals Protocol (VIRTUAL). The top gainers are WhiteRock (WHITE), Newton Project (NEW), and Tribe (TRIBE), while the top losers are Fartcoin (FARTCOIN), THORChain (RUNE), and io.net (IO).

Bitcoin (BTC) Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, key liquidation points are seen at $100,638 on the upper side with $39.54M in liquidation, and $98,647 on the lower side with $39.54M in liquidation.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Latest on Bitcoin and Cryptocurrencies: 2 February appeared first on Coin Engineer.

The program will operate through Fetch.ai’s Innovation Lab, with hubs in San Francisco, London, and India. The lab will provide funding, mentorship, and access to Fetch.ai’s agent-based technologies, enabling startups to scale globally.

Humayun Sheikh, CEO of Fetch.ai and chairman of the ASI Alliance, stated that this program will redefine software development processes and serve as the execution layer for modern technologies.

From Research to Real-World Applications

The program will feature boot camps, workshops, and expert lectures in collaboration with international organizations, such as the Massachusetts Institute of Technology (MIT)‘s Web.lab initiative.

Fetch.ai’s proprietary AI agent technologies will allow startups to derive actionable insights from AI models.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

According to Sheikh, AI agents will replace traditional APIs, becoming the new interface for software interaction and task execution. Beyond acting as intermediaries, agents will manage complex workflows as dynamic tools.

Accelerator Program Details

The program includes year-round training and innovation competitions, ensuring startups receive mentorship and resources. Participants will also have the opportunity to pitch their projects to investors and industry leaders.

Sana Wajid, Chief Development Officer at Fetch.ai Innovation Labs, emphasized that the lab will continue supporting young talent and provide funding for early-stage startups.

Wajid noted that the lab aims to expand globally by partnering with international innovation hubs and research organizations to access global markets and ideas.

AI Agents: A Bubble or True Potential?

Sheikh highlighted the crucial role of AI agents in the crypto ecosystem and the ASI Alliance, a collaboration between Fetch.ai, Ocean Protocol, and SingularityNET to accelerate decentralized AI adoption.

However, some industry players argue that AI agents are overhyped. Condz, founder of Web3 startup Acolyte AI, stated in a Dec. 29, 2024, post on platform X that AI agents may be “narrative-driven” and warned that many projects in this space could either be scams or fail to deliver on their promises.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Fetch.ai Launches Program for AI Startups! appeared first on Coin Engineer.

Bitcoin (BTC) Intraday Levels

The BTC/USDT pair has gained 4.44% in the last 24 hours and is currently trading at $97,020. If the upward momentum continues, Bitcoin may face resistance at its ATH region. Support levels are identified at $91,800 and $89,200.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Ethereum (ETH) has risen 0.63%, currently priced at $3,136, with resistance at $3,140 and $3,220, and support at $3,060 and $2,900.

Dogecoin (DOGE) has declined by 1.24% to $0.38, facing resistance at $0.40 and $0.45, while support is found at $0.37 and $0.30.

BNB (BNB), now trading at $612 with a slight 0.10% drop, has resistance levels at $628 and $660, and support at $600 and $570.

Cosmos (ATOM) has fallen 1.98% to $6.20, with resistance at $6.22 and $6.60, and support at $5.65 and $4.51.

Trending Coins

In the last 24 hours, trending coins include Chill Guy (CHILLGUY), StrikeX (STRX), and Bitcoin (BTC). Among the top gainers are Fartcoin (FARTCOIN), Chill Guy (CHILLGUY), and We Love Tits (TITS), while the top losers include Peanut the Squirrel (PNUT), Degen (Base) (Degen), and Grass (GRASS).

Bitcoin Liquidation Map

On Bitcoin’s 12-hour liquidation map, the upper liquidation level is significant at $98,051 with $27 million, while the lower liquidation level at $95,880 amounts to $60 million. The market remains dynamic, and further updates will shed light on whether the rally will persist or corrections will set in.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Current Status of Bitcoin and Cryptocurrencies – November 21 appeared first on Coin Engineer.

Price History and Current Trends

Starting strong and rising above $44 in January 2022, the price finally dropped under the pessimistic attitudes of the market.  It has battled to regain up to the same degrees since then. The coin is not likely to drop below the $5.0 mark, though, since just recently it has attracted substantial support at that level. This coin’s bottom could be in, hence investors wishing to enter Cosmos now could get good profits. More people will start looking into altcoins if the structure of the market shows optimism.

Overview

Cryptocurrency: Cosmos
Token: ATOM
Price: $4.60
Market Cap: $1,821,469,128
Trading Volume: $280,639,551
Circulating Supply: 390,930,671 ATOM
All-time High: $44.47
All-time Low: $1.13

Technical Analysis: Cosmos Price Forecast

Volatility: 14%
50-Day SMA: $8.10
14-Day RSI: 38
Sentiment: Bearish
Fear & Greed Index: 30 (Fear)
Green Days: 12/30 (40%)
200-Day SMA: $9.87

ATOM/USD 4-hour price chart

The Cosmos chart for four hours is substantially like its daily chart. At $4.02, ATOM/USD has found great support. The price somewhat recovered following that point because of growing buying pressure. Cosmos (ATOM) is now retesting the trend line; so it is predicted to go lower afterwards. Should Cosmos recover from this level, the next main obstacle will be $6.39, from where Cosmos has lately slipped. To go back to that point, the market will need additional positive signals, though.

Maybe the local bottom is at the $4.29 level. Cosmos might spend some time consolidating horizontally before ascending. Still, Cosmos is probably going to dip lower once again, depending on the signals from the bigger timeframes.

Price Predictions for 2024

Following the recent ETH ETF clearance, the general market structure has grown somewhat optimistic. For this reason, over the next few months, we should anticipate more money entering the bitcoin market. By Q4 of 2024, Cosmos will show progress if geopolitical tensions and the state of the world’s economy do not deteriorate. Its retest should be near $14.5 and recover over $11.4. Should a bull run be validated, ATOM’s price will probably surpass these benchmarks.

Conclusion

Although ATOM’s future is yet unknown, its importance inside the Cosmos ecosystem and the larger blockchain sector places it as a major actor in the continuous development of distributed technology. To evaluate ATOM’s potential for recovery and expansion in the next few years, investors and fans will have to keep updated about events inside the Cosmos network and the larger market.

For more information on Cosmos and its potential applications, you can visit the official website of Cosmos.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Cosmos (ATOM) Price Forecast: Will It Recover in 2024? appeared first on Coin Engineer.

AggLayer, a decentralized service introduced by Polygon Labs earlier this year, facilitates the continuous sharing of liquidity across interconnected networks. Union Labs’ decision to merge with AggLayer comes on an important note to strengthen the ties between Polygon and the Cosmos blockchain ecosystem, defined by Ethereum scaling pacing solutions, specifically using the Inter-Blockchain Communication Protocol (IBC).

With this integration, a new realm of liquidity accessibility and fluidity continues to emerge between AggLayer-connected chains and IBC-enabled blockchains. Through these symbiotic relationships, Union Labs aims to create a trustless, fluid and fast transaction process, increasing convenience and minimizing latency, as highlighted in the latest press release.

Karel Kubat, the visionary mind of Union Labs, expressed excitement for this milestone, emphasizing their shared determination to combat the fragmented elements of blockchains while both entities maintain their individual sovereignty. With Union Labs scheduled to be available on the mainnet later this year, the stage is set for further innovation and collaboration where blockchain interoperability exists.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Union Labs Aims to Build a Bridge Between Polygon and Cosmos appeared first on Coin Engineer.

Bitcoin experienced a fake surge, absorbing the levels it had broken through with yesterday’s decline, retreating to the $69,000 levels. As a result of this pullback, the $69,000 support level was breached.

Bitcoin and Crypto

Bitcoin (BTC): The BTC/USDT pair has lost 0.16% in value over the last 24 hours and is currently trading at $69,015. Resistance levels for BTC are first $70,200, then $73,000. Support levels are $69,000, and below this region, $66,340.

Ethereum (ETH): The ETH/USDT pair has lost 0.33% in value over the last 24 hours and is currently trading at $3,519. Resistance levels for ETH are first $3,520, then $3,725. Support levels are $3,240, and below this region, $3,060.

Cardano (ADA): The ADA/USDT pair has lost 2.1% in value over the last 24 hours and is currently trading at $0.58. Resistance levels for ADA are first $0.67, then $0.74. Support levels are $0.57, and below this region, $0.54.

Cosmos (Atom): The ATOM/USDT pair has lost 0.83% in value over the last 24 hours and is currently trading at $10.74. Resistance levels for ATOM are first $11.30, then $12.20. Support levels are $10.41, and below this region, $10.00.

Arbitrum (ARB): The ARB/USDT pair has lost 0.90% in value over the last 24 hours and is currently trading at $1.47. Resistance levels for ARB are first $1.57, then $1.68. Support levels are $1.42, and below this region, $1.28.

The post Bitcoin and Crypto Update! – April 10 appeared first on Coin Engineer.

dYdX Chain paused block production on Tuesday due to a software bug encountered during an update for v4. During this time, trading on the dYdX exchange continued as normal.

The issue was found to be caused by an incorrect version of the Cosmos IAVL library used by dYdX’s software.

The technical issue on the blockchain did not initially have a negative impact on the dYdX price, and the coin price continued to rise. However, according to TradingView data, dYdX later fell, losing more than 3% of its value daily.

According to the status page, dYdX Chain is still experiencing performance issues due to some nodes crashing.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post dYdX Price Drops After Nine and a Half Hour Outage appeared first on Coin Engineer.

What is Burnt (XION)?

One of the fundamental features of Burnt (XION) is its Generalized Abstraction layer. This layer facilitates the full potential of blockchain applications for non-cryptocurrency individuals by eliminating unusual technical complexities. This is a user-centric approach that brings the power of the blockchain to the masses.

What is the Purpose of Burnt (XION)?

Burnt(XION)’s Meta Accounts allow for intuitive user experiences traditionally including various authentication methods, key rotation, account recovery, cross-device use, and more in Web2. This feature contains an essential purpose of making blockchain technology more accessible and user-friendly.

Burnt (XION) Innovations

Support for Verification Methods

Burnt(XION) provides a solution independent of the cryptographic curve that allows for the support of familiar Web2 authentication methods such as email and biometrics. This feature also extends support to cover all wallets beyond Solana, EVM, Cosmos.

Seamless Mobile Experience

With seamless cross-device support, Burnt(XION) brings the power of the blockchain to your pocket. Users can interact and transact anywhere, anytime, providing true accessibility.

A Robust Ecosystem

Burnt(XION) has a robust network of developers, validators, and builders with over $11 million in funding. It’s paving the way to a seamless Web3 future.

To check out the website and access the Whitepaper, click here.

MORE THAN AN ECOSYSTEM

As Burnt, we have achieved much more than helping establish an ecosystem; we have helped build a network that exemplifies the potential of web3. Notably, we announced the launch of XION, a blockchain specifically created for consumers to adopt. XION has provided us with a place where we can contribute to the expansion and development of a network made up of the industry’s most groundbreaking projects.

In each partnership, we have a different approach to help XION reach its ultimate goal: making web3 technology more accessible and inclusive for everyone. Our growing ecosystem currently consists of projects in a broad range of categories, including but not limited to, wallets, on / off ramps, infrastructure providers, bridges, and Layer 1’s.

How was Burnt (XION) Established?

Although not having detailed information, Burnt was founded by popular founder and CEO Burnt Banksy.

Burnt (XION) Investors

It has raised investments from several giant projects like Circle, Axelar, Injective, Osmosis. Additionally, among its partners are companies such as Animoca Brands, Hashkey Capital, Huobi Capital.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram  ,YouTube and Twitter channels for the latest news and updates.

The post What is Burnt (XION)? What Does it Do? appeared first on Coin Engineer.