Dogecoin, the original meme cryptocurrency, has shown resistance at the $0.08 level despite a temporary breakout. While its price movement may not align with the broader crypto market, the network continues to experience growth across various metrics. This article delves into the network expansion, performance compared to other meme cryptocurrencies, recent developments with SpaceX, and
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Institutional investors are increasingly gravitating towards digital asset investment products, with Bitcoin and Solana leading the way. According to a CoinShares report, Bitcoin witnessed significant inflows, totaling $703 million last week, accounting for 99% of all flows into these investment products. Solana, although trailing behind, still managed to secure an impressive inflow of $13 million,
The largest cryptocurrency exchange by trading volume, Binance, has recently announced that it will be delisting Monero (XMR) and Multichain’s token (MULTI) by February 20th. In addition to these two digital assets, Binance has also decided to remove other tokens such as Aragon (ANT) and VAI (VAI) from several of its products, citing the failure
In the world of Web3, registering decentralized domain names has become significantly easier. Thanks to the recent collaboration between GoDaddy and Ethereum Name Service (ENS), users now have the ability to seamlessly connect their .eth domains with traditional DNS top-level domains at no additional cost. ENS, also known as Ethereum Name Service, operates as a
In a statement released on February 5th, Grayscale CEO Michael Sonnenshein emphasized the importance of regulators approving spot Bitcoin exchange-traded fund (ETF) options. Sonnenshein highlighted that although the Grayscale Bitcoin Trust (GBTC) has been available to the public since 2015, it currently lacks listed options, as they are not offered in the Over-The-Counter (OTC) market.
The recent price action of Cardano (ADA) suggests that the cryptocurrency is experiencing strong support around the $0.488 level. Despite its lackluster performance in the past month, crypto analyst Ali Martinez believes that Cardano’s current price movement resembles that of late 2020, just before ADA went on a massive bull run. This similarity in price
The flagship cryptocurrency, Bitcoin, appears to be at a crossroads as it continues to trade flat, uncertain about the direction it will take next. Crypto analyst Eric Krown Crypto sheds light on the key factors that will ultimately determine Bitcoin’s next move. In a recent video on his YouTube channel, Krown utilizes the Stochastic indicator
The South Korean Financial Services Commission (FSC) has recently unveiled significant legislative amendments aimed at tightening regulations surrounding virtual asset business operators. These amendments focus specifically on enhancing the accountability and duties of executives in the crypto industry. The proposed changes, outlined in the Enforcement Decree of the Act on Reporting and Use of Specific
In recent months, Solana meme coins have gained significant attention in the cryptocurrency market. One of the latest coins to skyrocket is SPACEX token, with a stunning +20,000% price increase. This surge is part of a larger trend of explosive moves seen in various Solana meme coins such as ‘2024,’ ‘SOLAREUM,’ ‘Joe on SOL,’ ‘BINK,’
As the cryptocurrency market experiences a wave of bullish momentum, Ethereum (ETH), the second largest cryptocurrency asset, is expected to undergo a significant price surge in the coming months. Analysts at Altcoin Daily have highlighted three major factors that they believe will propel the price of Ethereum to new heights. One of the key drivers
As the cryptocurrency market continues to evolve, altcoin season is said to be in full swing. According to crypto analyst Michaël van de Poppe, now is the time to make entries at value. With his extensive following of nearly 700K on X, van de Poppe suggests that the period 3-8 months before the Bitcoin halving
Bitcoin, the largest crypto asset, currently finds itself in a state of stagnation, causing many investors to question the next move for the cryptocurrency. Over the past week, Bitcoin has been trading between $41,000 and $45,500, with a brief dip below $40,000 on January 23. While the price action may seem lackluster, on-chain data reveals
The gaming community is abuzz with excitement as Shrapnel, the highly anticipated Avalanche first-person shooter game, finally arrives on the Epic Games Store for its early access debut. Titled “Shrapnel Training Exercises One” (STX1), this exclusive release offers a unique gaming experience to those who have purchased the game’s “Extraction Pack” access keys. With limited
In recent weeks, Ethereum (ETH), the second-largest cryptocurrency by market cap, has witnessed a significant exodus from centralized exchanges. This trend has raised eyebrows in the crypto community as investors increasingly prefer to hold their ETH outside of trading platforms. Data from Coingecko shows that as of now, ETH is trading at $2,289, experiencing a