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Home News

Darkex Evening News April 16, 2025

darkex by darkex
May 8, 2025
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TABLE OF CONTENT hide
1 CoinGecko Publishes Q1 2025 Report: Solana Continues to Lead in DEX Volume
2 MANTRA: No OM Sale, Buyback and Burning to Start
3 Italy’s Finance Minister: US Stablecoin Policies Threat to Euro
4 Unlocking TRUMP Token: $120 Million TRUMP at Developer Address
5 Spot Gold Breaks the $3,300 Level

CoinGecko Publishes Q1 2025 Report: Solana Continues to Lead in DEX Volume

According to CoinGecko’s “2025 Q1 Crypto Industry Report”, the crypto market corrected in the first quarter of the year, with the total market capitalization falling 18.6% to $2.8 trillion. Bitcoin’s market share rose to 59.1%, but the quarterly decline was recorded as 11.8%. Ethereum fell 45.3% to $1,805, while Solana maintained its dominance in decentralized exchange (DEX) trading with a 39.6% share. CEX spot volume fell to $5.4 trillion, while DeFi TVL fell 27.5% to $48.9 billion.

MANTRA: No OM Sale, Buyback and Burning to Start

In a statement released after the sudden 92% drop in the OM token, the MANTRA team stated that no sales were made by the team. It was stated that the decline occurred due to the forced liquidation of a large amount of mortgaged OMs during a period of low liquidity. It was reported that a buyback and token destruction plan will be launched to restore market confidence, and a data dashboard will be published to provide transparency.

Italy’s Finance Minister: US Stablecoin Policies Threat to Euro

Italy’s Economy and Finance Minister said that the US stablecoin policies pose a bigger threat than President Trump’s tariffs. He pointed out that these crypto-assets could weaken the euro’s dominance in cross-border payments.

Unlocking TRUMP Token: $120 Million TRUMP at Developer Address

40 million TRUMPs, which make up 4% of the total supply of the TRUMP token, will be released on April 18. The developer address recently withdrew 366,000 TRUMP and $4.6 million USDC from Meteora. The address currently holds 15.38 million TRUMP tokens worth about $120 million.

Spot Gold Breaks the $3,300 Level

On April 16, the spot gold price broke a historic record, exceeding $3,300 per ounce for the first time. The price, which increased by more than 2% during the day, reflected investors’ search for a safe haven with a rise of about 70 dollars.

by Darkex Research – 1 min read

 

Disclaimer
The daily news published on Darkex are for informational purposes only and do not constitute financial or investment advice. All investment decisions and associated risks are solely the responsibility of the investor.

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