In recent times, speculation and hype have undeniably proven to be the prime drivers of the memecoin season 2023. Contending with the viral PEPE coin, a new low-cap memecoin MongCoin (MONG) jumped 7874% in 3 days — from $0.00000000781 (on Apr. 29) to its new ATH at $0.00000006665. As per
The largest cryptocurrency exchange by daily trading volume, Binance, recently received Ethereum (ETH) tokens worth over $505 million from an unknown wallet. This transaction was recorded as one of the “largest transfers in five years” from self-custody to a crypto exchange. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨
MicroStrategy, the enterprise analytics platform disclosed its financial results for the first quarter of 2023. The company stated that its net income for the first quarter was $461.2 million, or $31.79 per diluted share. Comparatively, it reported a net loss of $130.8 million in the first quarter of 2022. MicroStrategy
As per the instability caused by the United States banking sector, Bitcoin (BTC) fell down for consecutive four days from its peak of $30k till the last week. Also, crypto experts have predicted the fall could be because of the higher interest rates and constrained monetary policies. It is anticipated
RenQ Finance (RENQ) is a decentralized finance (DeFi) platform that has been gaining a lot of attention in the cryptocurrency market. With its innovative features, strong community support, and growth potential, RenQ Finance is considered by many to be the most promising project of 2023. In its ongoing presale, RenQ
First Republic Bank (NYSE: FRC) is being acquired by JPMorgan Chase & Co (JPM.N) after extensive efforts by U.S. authorities to save the bank failed. The FRC will be seized by financial authorities in advance of the sale. However, Citizens Financial Group Inc (CFG.N) and PNC Financial Services Group (PNC.N)
On Monday, Changpeng “CZ” Zhao, the CEO of Binance, tweeted that the cryptocurrency exchange will take legal action against Justin Sun, the founder of Tron, if he attempts to misappropriate the SUI airdrop offered by Binance Launchpool beginning on May 1. Our team told Justin, if he uses any of
Cryptocurrencies have become more mainstream and widely recognized as a legitimate asset class. However, the emergence of memecoins is a relatively new phenomenon that has gained significant attention in the cryptocurrency world. Memecoin Gaining Investor’s Attention Memecoins are a type of cryptocurrency that is often based on memes or internet
Saturday was the biggest day ever for Ordinals, the technology used to inscribe digital assets on Bitcoin, creating assets similar to Ethereum-based NFTs. According to a popular Dune dashboard, on Saturday there were around 223,000 inscriptions made via Ordinals. Over 200,000 inscriptions were made in a single day. A milestone
Several cryptocurrency exchanges have moved quickly to list various meme coins as they gain popularity in the market. Pepe (PEPE) has recently flipped Shiba Inu and FLOKI in trade volumes, therefore the market is paying close attention. OKX, a cryptocurrency exchange, has announced that it would be offering PEPE, a
