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Following the approval of an Ethereum exchange-traded fund (ETF), Arbitrum saw a notable surge of 5% in the last 24 hours, attracting 100,000 new users to the platform. This surge propelled the price of ARB to reclaim the $1.20 mark, climbing over 30% in a weekly time frame from $0.9757
May 27, 2024 2 mins read
The cryptocurrency market is gearing up for a significant week, with several major cryptocurrencies facing potential catalysts that could highly influence their price. Last week, multiple top cryptocurrencies experienced a second wave of price increases, continuing the positive momentum from the prior week. This resulted in a substantial rise in
May 27, 2024 3 mins read
Uniswap’s native token, UNI, has experienced a significant surge, jumping over 22% in the last 24 hours to hit $11.07, marking its highest since early April. This bullish movement suggests a potential upward trajectory, with analysts eyeing the possibility of UNI surpassing its March highs of $15.40. The surge in
May 25, 2024 2 mins read
Dogecoin (DOGE) is once again capturing attention as its trading volume has surged by over 35.67% since early trading hours, despite the global crypto market experiencing declines. This spike in volume has led to a nearly 10.5% increase in Dogecoin’s price, pushing it from $0.1562 to $0.1727. The crypto market
May 25, 2024 2 mins read
The cryptocurrency market has recently surged, driven by the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETFs. Among the top performers, Ethereum (ETH) has seen a 30% rise over the past month. However, other cryptocurrencies have also posted impressive gains, with some even surpassing Ethereum’s performance. One standout
May 24, 2024 2 mins read
Floki DAO, the decentralized organization behind the popular FLOKI memecoin, has completed the burning of 15.246 billion FLOKI tokens. This decision follows an overwhelming vote from the community, with 99% of the participants favoring the burn. The proposal to reduce the token supply, put forth on May 13, 2024, aimed
May 23, 2024 2 mins read
In the latest wave of consolidation within the global crypto market, memecoins are once again driving significant gains. Leading this surge is PEPE, which has achieved a remarkable rise of over 30%, reaching a new all-time high above $0.000014 in the early hours of trading. As Ethereum (ETH) demonstrates increased
May 22, 2024 2 mins read
Last week, the cryptocurrency market experienced a significant resurgence, with the global market cap increasing by 8%, reaching $2.44 trillion. This rise represents an over $150 billion gain, bolstered by substantial increases in most leading cryptocurrencies. Bitcoin, in particular, made notable strides, surpassing the $67,600 mark overnight. Following this overall
May 20, 2024 2 mins read
A significant Shiba Inu transaction has caught the crypto community’s attention as a major investor, identified by the wallet address 0x541, moved all 197.99 billion SHIB tokens, worth approximately $4.88 million, to Coinbase. This action follows six months of inactivity with the token, with the sale price at $0.00002463. The
May 17, 2024 2 mins read
Coinbase, a leading cryptocurrency exchange, is gearing up to introduce a specialized service aimed at Australia’s self-managed pension sector, according to insights shared by John O’Loghlen, the Managing Director for the Asia-Pacific region at Coinbase, says Bloomberg. The move comes as self-managed superannuation funds in Australia have increasingly shown interest
May 16, 2024 1 min read