The Shiba Inu’s reign as king of memecoins may be facing a ruff patch. Dogecoin (DOGE) prices dipped this week after news broke of the US Securities and Exchange Commission (SEC) issuing a Wells Notice to Robinhood, a popular crypto exchange. The notice, a precursor to potential enforcement action, alleges Robinhood violated multiple securities laws. […]
A widely followed crypto analyst and trader is expressing bearish sentiment on a top-50 memecoin by market cap. The analyst pseudonymously known as Bluntz tells his 258,100 followers on the social media platform X that dogwifhat (WIF), which is built on the Solana (SOL) blockchain, could drop by around 66% from the current level. According […]
Ethereum, the world’s second-largest cryptocurrency by market cap, finds itself in a curious position. While the price struggles for direction, its underlying network is experiencing a surge in activity. Ethereum Network Sees Increase In New Users According to crypto data firm Santiment, May 4th saw a whopping 200,000 new Ethereum addresses created, marking the highest […]
Journalist Posted: October 20, 2023 | Last updated: May 1st, 2024 Addresses holding 10,000 to 10 million XRP increased the value of the token in their portfolio. XRP may not be able to hold on to its hike following a series of profit-taking despite increases in volume and open interest. The price of Ripple [XRP] […]
Meme coins and NFTs have outlived their relevance, and it is now time for crypto investors to focus on DePin and RWA projects like ETFSwap (ETFS). Over the last three years, meme coins and non-fungible tokens (NFTs) have been among the leading narratives in the crypto space. Thanks to the hype around these meme coins […]
The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from Bitcoin investment products, which could negatively impact the flagship crypto. Bitcoin Investment Products Record $284 Million Of Outflows CoinShares revealed in a […]
Analytics firm IntoTheBlock is issuing an alert, saying that deep-pocketed Bitcoin (BTC) investors are starting to flash signs of exhaustion. IntoTheBlock says on the social media platform X that Bitcoin whales have taken every opportunity since March of this year to load up on BTC whenever the crypto king pulls back. But the analytics firm […]
A couple of days back, Coinbase began supporting Cosmos (ATOM) at Coinbase.com, along with iOS apps and Coinbase Android. Now the company’s UK customers will be able to enjoy thorough support for ATOM. The company’s customers will be allowed to purchase, sell, and trade an increased number of assets via a GBP wallet, backed by […]
An Ethereum whale was recently revealed to have made $16 million from a single trade involving the second-largest crypto token by market cap. This whale’s story again highlights how conviction in an investment can be very rewarding in the crypto space. How This Ethereum Whale Made $16 Million In A Single Trade On-chain analytics platform […]
In a bold move to protect the interests of the U.S. Ethereum community, Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). This legal action comes in response to the SEC’s looming regulatory stance on ether, which threatens to classify it as a security. Such a classification could not only disrupt […]
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