In the ever-evolving world of cryptocurrency, meme coins have emerged as a fascinating and often volatile subset. While some investors steer clear of them, others see potential for astronomical gains. As we step into May, three meme coins have captured the attention of traders and enthusiasts alike: Hump, Bonk, and
According to Ripple CEO Brad Garlinghouse, the US government is “going after” USDT stablecoin issuer Tether, which might have unforeseen consequences for the cryptocurrency market. In the same vein as the collapse of FTX and the following revelation of fraud committed by its leadership, Garlinghouse said on a May 10
NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last
Since its first week of trading, the Runes protocol’s activity has reduced substantially. Fewer new mints and wallets interacted with the protocol on May 10th compared to earlier times, indicating a significant drop in activity. Users can create fungible tokens on the blockchain using Runes, a new standard for Bitcoin
In the fast-paced world of cryptocurrency trading, where fortunes are made and lost in the blink of an eye, the predictions of seasoned traders can often hold significant weight. In May 2024, an expert trader made headlines with a bold forecast: a staggering 1500% jump for a viral Solana meme
In the dynamic and ever-evolving landscape of cryptocurrencies, new contenders continually emerge, each vying for a slice of the market pie. Among these emerging players, Retik Finance (RETIK) has captured the attention of investors and analysts alike, positioning itself as a formidable rival to established giants like Solana. With its
Bitcoin’s ride continues as the cryptocurrency market experiences sharp turbulence. After soaring to almost $63,500 on May 10th, Bitcoin suddenly nosedived by over $2,000 within some hours. This rapid and unexpected drop has rattled investors, raising concerns and leading to the liquidation of approximately $132.58 million worth of long positions.
Staking will not be a part of the proposed spot ether exchange-traded fund (ETF) from 21Shares and Cathie Wood’s ARK Invest. The “sponsor may, from time to time, stake a portion of the Trust’s assets through one or more trusted Staking Providers.” was a staking component that ArkInvest/21 Shares disclosed
In-Depth Analysis of VeChain’s Market Prospects Crypto market analyst Ali Martinez has provided a bullish outlook for VeChain (VET), citing the emergence of fractal patterns on the 1-month chart that historically have been precursors to major price increases. These patterns, similar to those observed in late 2018 and mid-2020, suggest
The number of companies having exposure to spot Bitcoin ETFs is increasing, and Wells Fargo is the latest addition to that list. The bank has gained exposure to Bitcoin, according to a recent filing with the SEC, which has sparked discussions among crypto enthusiasts. Gaining exposure to the biggest cryptocurrency
