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Altcoins
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31 – Altcoins…
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net…
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How far will it go?
The Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, has been at the forefront of the United States' cryptocurrency crackdown. In the last few months, the agency has filed several enforcement actions against major…
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Meme Coins Deployers Accumulate Funds Before Hiking Liquidity
The popularity of meme coins has led to a surge in price manipulation and other fraudulent activities. Deployers are known to accumulate large amounts of the coins before adding liquidity to the market, which can cause the price to…
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Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors –…
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on…
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REKT Jumps 90% Topping-off Week of Memecoin Pumps
Rekt is the latest memecoin to surge in value as it rose by more than 90% after being listed on exchanges.
The Arbitrum-based token has only been around for a few days but has generated a notable following. Like most memecoins, it has…
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New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap – Altcoins Bitcoin…
A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called pepe (PEPE), and at the time of writing, it has become the sixth-largest…
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Dogecoin price limps below a key support after Dogeday turns into a sell-the-news event
Dogecoin (DOGE) suffered a big blow on April 20, popularly known as “Dogeday,” thanks to the failed test launch of SpaceX’s Starship rocket and a downturn in the broader crypto market. The SpaceX rocket, which featured the Dogecoin…
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AI Looks Bullish on Helium (HNT) and Fantom (FTM)
An AI trading bot is optimistic about the prospects of two tokens, Helium (HNT) Fantom (FTM).
A new AI trading tool, Avorak AI, is bullish about Helium (HNT) and Fantom (FTM). The trading bot, one of many AI products offered by the…
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Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction –…
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in…
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Solana on-chain and derivatives data highlights the limitations of SOL’s potential price breakout
Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by the Solana blockchain and the retail trading debut of Grayscale Solana Trust shares.The developments, along with bullishness…
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