Cryptocurrency markets have been witnessing a surge in memecoin pumps, with various tokens experiencing exponential price increases. One such token, Hoppy, recently gained significant attention after pumping 100x on DEXTools. However, a closer analysis reveals potential red flags and risks associated with this lesser-known coin. This article aims to critically examine the recent price movements
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Bitcoin, the world’s leading cryptocurrency, has recently experienced a 6% decrease in its price. Many have attributed this drop to the market impact of the newly approved spot Bitcoin Exchange-Traded Funds (ETFs). However, Jurrien Timmer, Fidelity’s Director of Global Macro, believes that this sell-off is just a short-term phenomenon rather than a long-term trend reversal.
Peter Szilagyi, an Ethereum (ETH) developer, has expressed admiration for EIP-1559 and its burning mechanism, referring to it as “the great equalizer.” Since the implementation of EIP-1559, Ethereum has undergone significant changes in how users bid gas fees. One of the notable adjustments is the introduction of the “base fee,” which is either burned or sent
In a recent court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC), crucial arguments surrounding the classification of cryptocurrencies were presented. The SEC had accused Coinbase of operating as an unregistered national securities exchange, broker, and clearing agency. Additionally, the commission argued that Coinbase’s crypto staking service involved the sale and offering
In an exciting development for the cryptocurrency market, Gemini, a leading U.S.-based crypto exchange, has been registered as a Digital Asset Service Provider (DASP) in France by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator. This regulatory milestone allows Gemini to serve both retail and institutional customers in France, opening up new
The sentiment surrounding Ethereum is currently very bullish, with the second-largest cryptocurrency by market cap seeing an increase in dominance against Bitcoin. This surge in Ethereum’s dominance is significant as it may indicate the arrival of an altcoin season. Analysts have pointed to various factors that support this bullish outlook. Crypto analyst Ali Martinez recently
In an exciting collaboration, Napster, the renowned independent music streaming service, has partnered with TerraZero, a virtual world technology company. This partnership aims to revolutionize the way artists and fans interact and experience music by integrating immersive Napster virtual hangouts into the platform. With this groundbreaking feature, fans can now connect with artists in a
Bitcoin’s recent decline following the approval of spot Bitcoin ETFs has not had the anticipated positive influence on its price. In contrast, Ethereum has seen a significant rise in price dominance against Bitcoin, with a notable increase over the past week alone. This increase in dominance is accompanied by a surge in new Ethereum addresses
The recent surge in Solana memecoin pumps has caught the attention of cryptocurrency enthusiasts worldwide. One of the latest contenders in this explosive trend is FLUB crypto, which experienced a staggering overnight surge of 10,000%. With industry experts predicting the next low-cap crypto to explode, it’s worth delving into FLUB price analysis to uncover more
Amidst a temporary lull in the realm of Bitcoin, Ethereum is emerging as a trailblazer, confidently charting its course. While the crypto king takes a breather following its ETF approval, Ethereum, undeterred, is experiencing a surge in both price and dominance, propelled by an influx of new users and the prevailing trend of self-custody. Recent
In a surprising turn of events, a Bitcoin user unknowingly paid a staggering transaction fee that amounted to a whopping 4 BTC, equivalent to $172,000. The exorbitant fee was significantly higher than the actual amount being transferred, as the transaction itself only sent 2.9 BTC to the intended recipient. The fee alone accounted for over
Cryptocurrency enthusiasts and investors are eagerly looking forward to the potential gains that Cardano (ADA) may experience in the coming year. According to a crypto analyst, based on historical data, 2022 could be a “massive” year for ADA. The analyst emphasizes the significance of patience, highlighting that ADA could replicate a similar upward trajectory that
In the midst of a highly volatile crypto market, Ethereum (ETH) is gaining significant momentum, surpassing its rival Bitcoin (BTC) in terms of performance and market sentiment. This shift is reflected in the ETH/BTC ratio, which has steadily risen from multi-year lows, indicating growing investor bullishness towards Ethereum’s potential relative to Bitcoin. The recent resurgence
In recent weeks, the price of the meme coin PEPE has been facing significant selling pressure as large investors unload their holdings. According to on-chain data from Santiment, the reserves of PEPE on exchanges reached the highest level in two months, accounting for 40.59% of the total supply. This surge in supply on exchanges has