Tue, September 29

SHIB Faces Intense Pressure as Market Fluctuations Continue

Amidst the recent downturn in the crypto market, Shiba Inu (SHIB) has displayed significant price swings, sinking approximately 14.48% over the last 24 hours to hit a three-month low of $0.0000173, a level not seen since March. This decline reflects broader market movements worsening SHIB’s downtrend. Instead of efforts to

June 18, 2024 2 mins read

Alleged Donald Trump’s Official Memecoin Token DJT Surges 82%

The crypto market has endorsed the new meme coin, DJT, in the name of former U.S. President Donald Trump. The token on the Solana blockchain has skyrocketed in value amid rumors that it might be Trump’s official token. However, there has been no official announcement from Trump. If the rumor

June 18, 2024 2 mins read

Tether Launches Gold-Backed Stablecoin Tied to US Dollar

Tether, the company behind the popular USDT stablecoin, has unveiled Alloy, a pioneering platform on Ethereum designed to mint a gold-backed stablecoin pegged to the U.S. dollar.  aUSDT, the first Tethered asset, just launched!aUSDT is a synthetic dollar over-collateralised by XAUt (Tether Gold). Alloy by Tether is an open platform

June 18, 2024 2 mins read

Notcoin (NOT) Faces 11% Decline Post-Airdrop

The well-known cryptocurrency Notcoin (NOT) has seen a significant 18.3% decline, dropping from $0.02071 to $0.0175, since the end of its recent airdrop claim period on Sunday. At the time of writing, Notcoin is trading at $0.01804 with a market cap of $1.85 billion. In the last 24 hours, Notcoin’s

June 17, 2024 1 min read

Is an Altcoin Season Far From Sight? Analysts Weigh In

The cryptocurrency market is experiencing significant turbulence as altcoins face a sharp downturn while Bitcoin remains relatively stable. Despite Bitcoin trading below $66K, altcoins have suffered substantial losses, erasing gains from the March rally. The Market sentiment remains bearish, with calls for near altcoin season dwindling. Several factors contribute to

June 17, 2024 2 mins read

BIS Survey Finds Central Banks Increasing CBDC Efforts Globally

According to a recent survey, some central banks are increasing their efforts to investigate digital currencies issued by the central bank. The foreign exchange firm BIS conducted a survey of central banks and found that in 2023, there was a “sharp uptick” in CBDC-related experiments among the banks that deal

June 15, 2024 1 min read

How Will the 114 Billion PEPE Dump Impact Its Future?

As the cryptocurrency market continues to experience turbulence, recent activity surrounding Pepe Coin (PEPE) has captured significant attention. Despite a downturn in its price, a substantial whale transaction suggests potential bullish momentum. On-chain data tracking platform Lookonchain reported that a significant PEPE trader capitulated, selling all 114.7 billion PEPE for

June 15, 2024 2 mins read

Andrew Tate’s DADDY and Iggy’s MOTHER Intensify Solana Memecoin Wars

The celebrity memecoin frenzy has become the talk of the community, as popular personalities stage their artistic disputes into the crypto sector. The famed media personality Andrew Tate launched a memecoin named DADDY on June 11. This is the latest addition to celebrity memecoin shilling on the Solana blockchain.  Notably,

June 14, 2024 2 mins read

XRP Whales’ Dumping Activities Raise Concern Among Community

XRP, is one of the prominent altcoins, despite being one of the top cryptocurrencies by market cap. It has experienced a prolonged period of underperformance due to ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). This week also marked a bearish phase with a 7% decline. Currently,

June 13, 2024 2 mins read

Solana (SOL) Price Struggles to Break $155 Resistance Amid Volatility

Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip.  Notably, the token’s market price increased

June 13, 2024 2 mins read