PRESS RELEASE. The world of meme coins has been dominated by Pepe (PEPE) for quite some time. However, a new contender, Mpeppe (MPEPE), is rapidly gaining traction, posing a significant challenge to Pepe (PEPE)’s supremacy. As Mpeppe (MPEPE) continues to attract a growing number of investors, the question arises: is this the end of the …
Monthly archives: July 2024
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase all BTC off-market in order to minimize the …
Bitcoin Currently in Ideal Time for Whales To Accumulate, According to CryptoQuant CEO – Here’s Why
It’s currently an “ideal time” for whales to accumulate Bitcoin (BTC), according to the chief executive of the digital asset analytics firm CryptoQuant. Ki Young Ju tells his 350,800 followers on the social media platform X that Bitcoin is still in a bull market despite its “boring” price behavior recently. “Bitcoin market is boring with …
Trader Says Top Ethereum Rival Primed To Go Higher, Updates Outlook on Bitcoin and One Blue-Chip Altcoin
A closely followed crypto strategist believes that one Ethereum (ETH) rival is in an uptrend after retesting the $120 range last week. Pseudonymous analyst Altcoin Sherpa tells his 217,700 followers on the social media platform X that Solana (SOL) appears to have more upside potential after holding the 200-day exponential moving average (EMA) as support. …
IRS Is Getting Intense With The Crypto Hide and Seek Game
The American Internal Revenue Service has announced much tougher tracking on income gained from cryptocurrency investments. Alright, listen up, crypto folks. The IRS just dropped some serious bombshells about how they’re gonna be tracking your digital dough. Let’s break it down: starting in 2026, crypto brokers are going to be spilling the beans on your …
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‘It’s Gonna Rip’: Top Analyst Says Memecoin That’s Exploded Over 6x in Five Months Is About To Go Parabolic
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a major altcoin that’s gone up by over 500% in five months. The analyst pseudonymously known as Bluntz tells his 264,100 followers on the social media platform X that FLOKI (FLOKI) is forming a “solid” support level on the four-hour chart. Based on …
German government sell-off continues, pressures Bitcoin below $58,000, lowest since May
Quick Take Bitcoin’s price has dropped below $58,000, marking its lowest level since May 1, when it traded around $56,500. This decline is driven by continued selling pressure, most notably from the German government, which has offloaded an additional 3,000 BTC. Data from Arkham Intelligence shows significant movements, including 1,300 BTC being transferred to major …
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing its novel technology to unlock unparalleled …
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Bitcoin tumbles as whale sells 3,500 BTC, $310 million liquidated in 24 hours
Bitcoin continues to experience significant volatility, extending a downward trend that began last month. According to CryptoSlate’s data, Bitcoin’s price has dropped approximately 6% in the past 24 hours, breaking the $58,000 mark to fall to as low as $56,900. Market observers warned that if the heavy selling action continues, this decline could be a …
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ETF investors brace as Bitcoin price aligns with realized price
Quick Take On July 3, Farside data revealed a total outflow in Bitcoin (BTC) exchange-traded funds (ETFs) of $20.5 million, marking the second consecutive trading day of net withdrawals. The only outflow came from Grayscale’s GBTC, which saw a substantial $27.0 million exit, bringing its total outflows to a staggering $18.6 billion. In contrast, Fidelity’s FBTC …
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Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million
Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin. “I can confirm that I have been reached out to by folks from Trump’s campaign …
UAE’s Zand Bank to Offer Crypto Services
Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital …
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’. This new feature now supports USDC and USDT, two of the most widely used stablecoins, thereby enhancing its existing digital asset management capabilities. The innovative ‘Drag & Swap’ feature simplifies the process of switching between USDC, …
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by paying high salaries to attract talent. CEO Avoids …
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WienerAI Soars Past $7 Million In Presale As Excitement Builds For The Launch Of AI-Powered Trading Bot
WienerAI ($WAI) has fetched a total of $7 million in its token presale as investors lock onto this promising AI meme coin. The part-dog, part-sausage, […] Go to Source