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AI Tokens Face Heavy Declines Amid Slumping Market

The cryptocurrency market has been under significant pressure, with bearish sentiment leading to a 1.03% drop in overall market capitalization. Bitcoin, the leading cryptocurrency, experienced a 2% decline, while Ethereum, the top altcoin, fell by 1.8%. Despite the broader market downturn, the AI sector has garnered attention recently, with tokens

August 30, 2024 2 mins read

Meme Coins that Saw the Biggest Falls in August 2024

The crypto market has been wading in the market dip. Several tokens hit new lows reflecting the intensity of the bearish phase. Among all altcoins, meme coins experienced a considerable downfall in August.  The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are struggling to maintain their price at a moderate

August 30, 2024 3 mins read

Dormant CoinBase User Sparks Attention with Significant Shib Burns

The Shibarium community is known to show a spur of activity apart from being an active cornerstone for the memecoin sector. Shiba Inu, the second largest memecoin in the market often garners market attention with its burn rates spiking multifold. In recent times, as of the last 24 hours, the

August 30, 2024 2 mins read

OKX Announces Listing of Hamster Kombat’s HMSTR Token

Hamster Kombat, a fast-growing Telegram-based crypto game, is making waves in the gaming world with its unique play-to-earn model. Launched in March 2024, the game has quickly gained traction, attracting over 300 million players within its first five months. Hamster Kombat brings players into the role of a hamster CEO

August 30, 2024 2 mins read

Will Elon Musk’s Legal Win Propel Dogecoin Above $0.15?

In the last 24 hours, Dogecoin (DOGE) saw a modest uptick of 4.02%, reaching $0.1025 as it attempts to recover from recent setbacks. The slight boost in price was followed by the dismissal of a federal lawsuit against Elon Musk and Tesla, with the court ruling that Musk’s Dogecoin-related tweets

August 30, 2024 2 mins read

Quidax Becomes Nigeria’s First SEC licensed Crypto Exchange

On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate

August 30, 2024 2 mins read

Can Solana Bounce Back After Hitting a Two-Week Low?

Solana’s recent resurgence was short-lived as the cryptocurrency succumbed to bearish pressure, dropping to a two-week low of $137 today. Over the past 24 hours, SOL has declined by nearly 4%, with trading volume plummeting by 19%. The token has also experienced a 24% decrease over the past month. Despite

August 30, 2024 1 min read

Solo Bitcoin Miner Bags Nearly $200K Reward with Latest Block

While the Bitcoin miners are facing difficulties in maintaining profitability following the April 19 halving, a solo miner has successfully processed Bitcoin block 858,978 and netted nearly $200,000. The block, processed at 4:21 PM UTC on August 29, included 2,391 transactions and yielded a reward of 3.27 BTC, valued at

August 30, 2024 2 mins read