Day: August 5, 2024

Meme coins oversold as the crypto fear and greed index slips

Meme coins are imploding in a high-volume environment as the closely watched crypto fear and greed index slips to the fear zone. The total market cap of all cryptocurrencies slipped by 25% in the past 24 hours to $29.8 billion. At their peak earlier this year, these tokens had a market valuation of over $63 billion, meaning that investors have lost $33.8 billion. Dogecoin, Shiba Inu, Pepe and other meme coins are slumping Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK) crashed by over 23% on…

Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say

“Yes” shares for Shaprio were trading at 68 cents Monday during morning hours in New York, indicating the market sees a 68% chance he will be the Democratic nominee for vice president. Each share pays out $1 (in USDC, a stablecoin, or cryptocurrency whose value is tied to the dollar) if the prediction comes true, and zero if not. The bets are programmed into a smart contract on the Polygon blockchain. Source

Bitcoin Price (BTC) Dropped 19.6% while Ether Price (ETH) Fell 25.2% in Market Rout

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…

Bitcoin miner Core Scientific positive on future despite recent production drop

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Core Scientific, having sidestepped bankruptcy, remains optimistic about its business future despite a 4.4% decline in production in July. Crypto mining company Core Scientific says the future of its Bitcoin (BTC) mining business is “bright” as it migrates miners to dedicated sites and prepares to modify a “significant portion” of its infrastructure for high hosting performance computing services. The company is also gearing up for the integration of Block’s new 3-nanometer ASIC chip, slated for next year, per an. Aug. 5 press release. Core Scientific CEO Adam Sullivan highlighted the…

Chainlink: Market Panic Shaves 23% Off LINK Price

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Chainlink suffers losses as the token continues to follow the broader market wave of bearish pressure. According to Coingecko, the token is down 23% in the past 24 hours, representing a significant wipe in value after the price stabilized in the $13 to $14 price range.  The crypto market continues to be influenced by outside forces in the short to medium term, with the anxieties of private equity bleeding into the crypto market turning the correction into an absolute bloodbath.  Related Reading What’s In It for Chainlink? LINK’s niche of…

Solana (SOL) Whales Split Their Current Bag With Mpeppe (MPEPE)

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Recently, a noteworthy trend has emerged:  whales are diversifying their portfolios by allocating a portion of their assets into Mpeppe (MPEPE). This strategic move highlights the growing excitement around Mpeppe (MPEPE) and its potential to disrupt the crypto landscape. Here’s a deep dive into why Solana (SOL) whales are making this shift and what it means for the future of both cryptocurrencies. Solana (SOL) Whales: A Profile of Strategic Investors Who Are the Solana (SOL) Whales? Solana (SOL) whales are high-net-worth individuals or institutional investors who hold substantial amounts of…

Shiba Inu (SHIB) Army Invests Heavily in Mpeppe (MPEPE) Token

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In a striking move that has captured the attention of the cryptocurrency community, the Shiba Inu (SHIB) army has recently made significant investments in the Mpeppe (MPEPE) token. This surge of support from one of the most influential communities in the crypto space has led to a substantial increase in Mpeppe (MPEPE)’s market value and visibility. Here’s an in-depth look at the recent developments and what they mean for both tokens. The Shiba Inu (SHIB) Army: A Powerhouse of Influence Who Makes Up the Shiba Inu (SHIB) Army? The Shiba…

Ethereum ETFs Struggles To Have a Positive Impact On Price, Whilst Investors Purchase Now Crypto at $0.00107

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The recent performance of Ethereum (ETH) and the emergence of new tokens like Mpeppe (MPEPE) are capturing the attention of investors. While Ethereum (ETH)  ETFs have yet to produce the anticipated boost in price, Mpeppe (MPEPE) is gaining traction as an intriguing investment opportunity. Here’s why investors are shifting their focus to Mpeppe (MPEPE) at its current price of $0.00107, despite the challenges faced by Ethereum (ETH)  ETFs. Ethereum ETFs: A Disappointing Performance The Promise of Ethereum ETFs Ethereum (ETH) ETFs (Exchange-Traded Funds) were initially hailed as a breakthrough for…

Solana (SOL) ETF Is Getting Closer and Closer, Mpeppe (MPEPE) Presale Is Closing in on Stage 3

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As the financial world buzzes with the imminent arrival of a Solana (SOL) ETF, the cryptocurrency market is also abuzz with another exciting development: the presale of Mpeppe (MPEPE) is rapidly advancing toward Stage 3. This convergence of major events presents a unique opportunity for investors to capitalize on both established and emerging market trends. Here’s an in-depth look at why this is a pivotal moment for both Solana (SOL) and Mpeppe (MPEPE). The Solana (SOL) ETF: A Game-Changer on the Horizon What the Solana (SOL) ETF Means for the…