Cryptocurrency enthusiasts and investors are constantly on the lookout for the next big opportunity in the evolving digital asset landscape. For Cardano (ADA) holders, the emergence of Mpeppe (MPEPE) presents an intriguing investment prospect. This article delves into why Cardano (ADA) whales and investors are turning their attention to Mpeppe (MPEPE), exploring its origins, potential, and impact within the crypto community. The Appeal of Cardano (ADA) in the Crypto Sphere Cardano (ADA) has established itself as a frontrunner in the blockchain industry, known for its robust technology and commitment to…
Day: August 1, 2024
Switchboard Releases ‘Oracle Aggregator,’ Pichi Raises $2.5M
Pichi Finance, a trustless points trading protocol offering price discovery to tokens pre and post-TGE, completed a $2.5 million seed funding round, led by UOB Venture Management, Signum Capital and Mantle Network. According to the team: “The investment will be used to target new points programs, to create vaults to earn yield and points together, and to expand to other EVM chains. We’re unlocking the value of points through a trustless marketplace for trading these rewards. Our ERC-6551 account solution addresses the issue of points being tied to individual accounts,…
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
Paradigm will own 3,035 tokens, making it META’s single largest holder at 14.6% of the total supply, according to Proph3t, MetaDAO’s pseudonymous founder. Around 30 angel investors bought an additional 965 META tokens for a total raise of $2,229,950. Source
Bonk Investors Seek To Become Mpeppe (MPEPE) Whales and 500x Their Bag
The cryptocurrency world is known for its high volatility and rapid shifts in investor sentiment. Recently, a new player in the meme coin arena has captured the attention of Bonk (BONK) investors. Mpeppe (MPEPE) is emerging as a compelling alternative with the potential for substantial returns. This article explores why Bonk (BONK) investors are eyeing Mpeppe (MPEPE) as their next big opportunity and how they hope to significantly increase their holdings. The Allure of Bonk (BONK) Bonk (BONK) made waves in the crypto community with its unique blend of meme…
Ledn Processed Over $1.16B of Crypto Loans in First Half of 2024
“While we can’t speak for other crypto lenders, we estimate that Ledn is likely now responsible for more than 50% of the retail loan originations given the fall out of the other lenders, which signifies the growing acknowledgement, trust, and consequent demand for digital assets from retail investors,” CEO Adam Reeds said in an email to CoinDesk. “Overall, we see the surge in retail loans as an indicator of continued evolution and maturity of the crypto sector as a whole, rapidly establishing it as a fully viable alternative to traditional…
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […] Original
First Mover Americas: Crypto Markets Reel on Geopolitical Risk
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
BOME falls 14% as investors overselling amid market-wide FUD
The eighth-largest meme coin, Book of Meme, witnessed a sharp decline as the broader cryptocurrency market witnessed a bearish storm. The Book of Meme (BOME), a Solana-based meme coin, fell by over 5.7% in the last 24 hours to $0.00976, marking a 14% drop after reaching a six-week high of $0.0114 at 07:25 UTC on July 31, according to crypto.news data. BOME price and RSI – Aug. 1 | Source: crypto.news Despite the recent downturn, BOME is still the top gainer among the leading 100 cryptocurrencies by market capitalization over…
Analyst Says Solana Will Go Ballistic In The ‘Mania-Like Stage”, Targets $600
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…
Bitcoin (BTC) Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
Bitcoin’s Bollinger bandwidth has declined to 20% on the weekly chart, a level last seen days before BTC exited its then multi-month trading range of $25,000 to $32,000 in late October. Prices topped the $40,000 mark by year-end and rose to record highs above $70,000 in March this year. Original