External factors’ influences have not been novel to the crypto market since the beginning. As the US elections begin in the next few hours, community members wait with bated breath for the outcomes. Meanwhile, amid these tensions, previously bankrupt crypto exchange Mt. Gox showed a new activity approximately 6 hours
A recent report by Binance Research ‘Understanding the Rise of Memecoins’ explores how economic and cultural changes have fueled the meteoric rise of memecoins as a distinct asset class within cryptocurrencies. The macroeconomic environment, including inflation and growing financial disenchantment, especially among Millennials and Gen Z, is examined first. In this setting,
At the end of October, Bitcoin soared near its all-time peak of $73K and sparked a strong rally across the crypto market, particularly in the meme coin sector. Among the tokens drawing attention was Dogwifhat (WIF), but as November kicked off, the upbeat momentum began to wane. Currently, Dogwifhat’s price
XRP, currently trading at $0.5075, witnessed a minor 0.48% surge over the past 24 hours. This upward movement aligns with the broader crypto market, which recorded a slight 0.09% uptick after experiencing losses throughout the day. However, XRP had previously dropped to a ten-day low of $0.4917. Meanwhile, over recent
PENDLE, the native token of the yield-trading platform Pendle, made bullish strides with double-digit gains over the last 30 days. The token’s price climbed 37.6% to hit a 4-month high, while the protocol’s total value locked (TVL) rose by 31.5%, reaching a 1-month high Evidently, PENDLE saw its price rise
A few days ago, the CEO of Moonrock Capital took to Twitter to allege Binance of charging high fees for listing. Following this, several prominent crypto members began discussing the issue bringing to the forum varied opinions. It also raised concerns for decentralized projects and their scope within centralized exchanges
In the crypto market, Ripple (XRP) and Polkadot (DOT) have historically been heavy hitters. However, 2024’s final quarter presents them with new challenges and competitors. traders in XRP are showing signs of discontent as the unresolved lawsuit impacts its market value. Polkadot has also updated its ecosystem to enhance scalability,
In the competitive crypto market, where many tokens promise groundbreaking potential, Rexas Finance (RXS) has positioned itself uniquely, raising a remarkable $5.45 million in its ongoing presale. Rexas Finance not only draws attention with its token’s functionality but also challenges Ethereum’s dominance in real-world asset tokenization. The project recently sold
Excitement ripples through the crypto market as Bitcoin crosses $70K, sparking widespread optimism. Cardano, meanwhile, is showing signs of a steady comeback. BlockDAG is drawing significant attention with an impressive presale, having raised over $110 million, and its new 100% bonus offer. This special bonus has energized the crypto community,
Strategic investments in great ideas can pay off handsomely as we get ready for the expected 2025 bull run. Should you be ready to commit $800 now, diversify among five well-selected cryptocurrencies, and let them flourish until 2025, you could find that small investment becomes a $1.6 million portfolio. Rexas
