A trader known for well-timed altcoin calls believes that a Solana (SOL)-based meme token has started a new uptrend. Pseudonymous analyst Bluntz tells his 263,800 followers on the social media platform X that memecoin dogwifhat (WIF) has likely carved a bottom. According to the analyst, WIF is already flashing signs of a bullish reversal on …
Monthly archives: June 2024
Billion-Dollar Bank Exposes Customers’ Full Names, Account Numbers, Dates of Birth and More in ‘Foreseeable and Preventable’ Data Breach: Class-Action Allegations
A North Carolina-based bank is facing a proposed class-action lawsuit over a data breach that has allegedly placed customers at serious risk of fraud and identity theft. The plaintiff accuses Truist Bank of failing to secure and safeguard its customers’ sensitive information properly, following a security incident that exposed confidential data of account holders. A …
Fetch.ai CEO Says AI Token Merger Going Ahead Despite Coinbase Snub, Tells FET Holders To Do Nothing
The CEO of artificial intelligence (AI)-focused Fetch.ai (FET) says its planned token merger will still take place despite not being supported by Coinbase. In a new thread on the social media platform X, Fetch.ai chief executive Humayun Sheikh says that the planned AI token merger between FET, Ocean Protocol (OCEAN) and SingularityNet (AGIX) is still …
Did Bitcoin Runes already peak?
Tokens on the Runes Protocol are down from their peak, but don’t count them out yet. The protocol is less than three months old — and it’s just getting started.
South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028
The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul.
3 ways traders can avoid trading tokens with manipulated volumes
Manipulated trading volumes are rampant on some crypto exchanges. Here are three ways to use data to avoid being washed out.
Coinbase Submits Filings With CFTC To List Futures Contracts for Chainlink, Shiba Inu and Three Other Altcoins
The derivatives arm of crypto exchange Coinbase has just submitted to the Commodity Futures Trading Commission (CFTC) documents to self-certify the listing of new futures products tied to five popular crypto assets. According to the filings, Coinbase Derivatives is launching futures contracts for Avalanche (AVA), Chainlink (LNK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHB), …
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively …
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The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching the six-figure mark will be a significant psychological challenge, and it may fall short of …
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Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June 30, 2024, the probability has …
Double-Digit Swings Dominate June Crypto Market Performances
According to market data, crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was the meme coin brett (BRETT), which surged 64.9%, while the biggest loser was the meme token maga (TRUMP), plummeting 55.29%. Select Coins Rise Despite Overall Decline This Month June was predominantly bearish for cryptocurrencies, with …
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Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
Robert Kiyosaki advises selling bitcoin amid its crash, yet plans to buy more, likening his approach to Warren Buffett’s “buy and hold forever” strategy. Vivek Ramaswamy’s chances of becoming Trump’s vice presidential pick have surged by 1,100% on Polymarket. Ripple CEO Brad Garlinghouse criticizes SEC Chair Gary Gensler, warning his actions could affect the election. …
Bitcoin Mining Companies Switching to Other Coins Amid Rising Cost of Operations: CryptoQuant CEO
Bitcoin (BTC) miners are reportedly hedging against the recent downturn in prices by mining other cryptocurrencies, according to the CEO of CryptoQuant. Ki Young Ju says that Bitcoin’s hashprice is now at an all-time low, potentially causing a slowdown in investments for mining companies and prompting them to look to other, cheaper proof-of-work (PoW) coins …
Massive Altseason on the Horizon As Altcoins Gear Up for 2017-Style Expansion, According to Analyst
An analyst who continues to build a following with timely crypto market calls believes that the stage is set for altcoins to witness a big burst to the upside. Pseudonymous analyst TechDev tells his 461,900 followers on the social media platform X that he’s looking at the two-week chart of OTHERS, which tracks the market …
Banxe Reviews: Revolutionizing Financial Transactions Through Innovative Solutions
Discovering Banxe Banxe is a cutting-edge digital financial platform that seamlessly integrates traditional financial services with the dynamic world of cryptocurrencies. Lauded by positive reviews, Banxe offers an extensive array of financial solutions tailored for both individuals and businesses, simplifying transactions in both fiat and digital currencies. Comprehensive Services Provided by Banxe Banxe sets itself …