Day: June 25, 2024

Pepe price on the rebound as traders identify bullish patterns

Pepe price rose for the second straight day as the crypto industry stabilized and as traders identified some bullish formations. The token rose to $0.000012, ~25% above its lowest point this month. This recovery has risen has pushed its market cap to almost $5 billion. Pepe’s price action coincided with the rebound of other meme coins. Popcat, a Solana meme coin, jumped by over 65% while Tooker Kurlson, Jeo Boden, and Mog Coin jumped by more than 30%. A likely reason for this rebound is that Bitcoin has struggled to…

Top Analyst Highlights 4 Altcoins To Buy

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In a new video titled “If I Had To 10X My Money, I’d Only Hold These 4 Altcoins!” aimed at shedding light on potential bull market leaders, renowned crypto analyst Miles Deutscher dissected the crypto landscape to pinpoint four altcoins that he believes could significantly outperform the market. His insights came in response to a query from his Discord channel about potential 5x to 10x gains during the current bull market. Deutscher believes that success in the crypto markets doesn’t necessarily come from holding a vast array of coins but…

Brett Surges Almost 20% as New Base Chain Meme Coin DAWGZ Hits $2M in ICO

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The Base blockchain continues to grow – with two joke tokens making headlines this week. Brett (BRETT), Base’s largest meme coin, has surged almost 20% in the past 24 hours. Hot on its tail, newcomer Base Dawgz (DAWGZ) is also causing a stir, having raised over $2 million since its ICO went live at the beginning of the month. BRETT Bounces Back – Is This Just the Beginning? BRETT is turning heads with its recent price action. After a period of uncertainty, BRETT has bounced back, currently trading at $0.155.…

Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday

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At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC Leads Outflow as Bitcoin ETFs See Continued Decline On Monday, another day of outflows hit […] Original

Solana-Focused Startup Accelerator Colosseum Raises $60M to Invest in Early-Stage Projects

The fund, which was oversubscribed, will focus on pre-seed investments in selected startups from the winners of Solana Hackathons. “It’s evident that there is a market demand for novel, specialized venture products in crypto, and we are excited to have a diverse group of investors, including ecosystem founders and hackathon alumni, alongside us to realize our vision for Colosseum,” said Clay Robbins, co-founder of Colosseum, in a statement. Source

TON Price Remains Resilient Above $6.7, Can It Hold Ahead Of Crypto Winter?

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

BTC Price Steadies, but 10% Monthly Loss Questions Nasdaq Rally

The crypto market regained some poise early Tuesday as analysts said supply overhang concerns stemming from defunct exchange Mt. Gox’s planned distribution of 140,000 BTC are overdone. Bitcoin traded above $61,000, having hit a low of $58,580 on Monday. The broader market gauge of the CoinDesk 20 Index (CD20) bounced to 2,083 points from 2,020. Still, BTC, a liquidity proxy for macro traders, is down almost 10% for the month, starkly contrasting with a 5% gain in Wall Street’s tech-heavy index, Nasdaq. The differing trajectories might foreshadow a tightening of…

Bitcoin defi tool developer ALEX Lab says Lazarus Group likely behind $4m hack

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The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack. North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. 25, ALEX Lab’s official account said there’s “substantial transaction evidence” showing that the attack is linked to the Lazarus Group. Update on the ALEX Incident Investigation Dear ALEX Community,We wish to share an important update…