Month: March 2024

Traders sell off meme coins amid Bitcoin jump to $64k

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The liquidations of traders’ positions on major crypto exchanges due to jumps in cryptocurrency rates over the past 24 hours exceeded $220 million. According to Coinglass, on March 4 most liquidations were in Bitcoin (BTC), with almost $60 million. Traders also liquidated positions in Ethereum (ETH) amounting to $26.84 million. It is noteworthy that traders actively closed their positions in meme coins, including Dogecoin (DOGE), Pepe (PEPE), Memecoin (MEME), and Shiba Inu (SHIB). DOGE and PEPE accounted for the most liquidations in this category – $18.12 million and $12.27 million,…

PEPE and SHIB prices jump, investors set eyes on Rebel Satoshi launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE has been listed on Robinhood. Meanwhile, rising Shibarium’s metrics have boosted Shiba Inu (SHIB) prices. On the other hand, Rebel Satoshi (RBLZ) is being explored. PEPE soars after Robinhood listing On Feb. 14, 2024, Robinhood, a prominent crypto trading and exchange platform, listed several new tokens, including PEPE. This development marks a significant milestone for PEPE, as it now joins the ranks of the 25 coins listed on…

Bitcoin (BTC) Prices Surges Above $65,000, Reaching Close to its $69,000 Peak

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Why Shiba Inu, PEPE, Dogecoin Are Far From Done: Expert

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As the crypto market experiences another wave of fervent enthusiasm, meme coins like Shiba Inu, PEPE, and Dogecoin have surged to the forefront of investors’ minds. With PEPE leading the rally at a staggering 371% increase, Dogwifhat (WIF) at 351%, FLOKI at 331%, BONK at 182%, and Shiba Inu (SHIB) at 177% over just the last seven days, the phenomenon has caught the eye of both enthusiasts and skeptics alike. Meme coin mania | Source: Coinmarketcap Why Shiba Inu, PEPE, DOGE Will Continue To Rally Andrew Kang, co-founder and partner…

Pepecoin Rally Beats Dog Meme Tokens Amid Euphoria

Meme coins first appeared to come into focus in late February as bitcoin, ether and Solana’s SOL jumped more than 10%. Non-serious tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors. Source

Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell its bitcoin, Bitcoin ETFs land in Brazil and Peru, and Argentine President Javier Milei aims to criminalize central bank money issuance. El Salvador Won’t Sell […] Original

DeeStream presale booming, driven by Ethereum and BNB investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto world has opened up the financial markets to the masses, giving individuals the world over a chance to participate in investment opportunities previously restricted to professional and institutional investors. The result is a level playing field giving everyone the same chance to invest in cryptocurrencies, especially when it comes to presale opportunities that could generate eye-watering gains. One of those opportunities in 2024 is DeeStream, a platform…

Shiba Inu (SHIB) Rings Greed Alarm As Bitcoin (BTC) Eyes Record High

“Over-the-counter (OTC) trading desks are dealing with large institutional clients, and according to their aggregate inventory data, balances have decreased from nearly 10,000 Bitcoins in Q2 2023 to less than 2,000. This shows that institutions such as the Bitcoin ETF issuers, through their market makers, will have to purchase Bitcoins directly from exchanges. The supply/demand imbalance is 1:10 (daily mined vs. daily ETF demand),” Thielen noted. Source

Indonesia’s Commodities Regulator Requests Finance Ministry to Review Crypto Taxes

The Indonesian Finance Ministry has been called upon to assess the implementation of cryptocurrency taxes by the nation’s Commodity Futures Trading Supervisory Agency. In the past few months, Indonesia’s revenue from crypto-based transactions has been surpassing that generated from fintech businesses. Crypto Industry Generates More Revenue than Fintech Companies Indonesia’s Commodity Futures Trading Supervisory Agency […] Source CryptoX Portal