Day: August 28, 2024

PlayDoge Investors Add MPEPE To Watchlist As PlayDoge Rival Surges 322%

boss

In the fast-paced world of cryptocurrency, savvy investors are always on the lookout for the next big thing. With the recent surge of interest in play-to-earn (P2E) games and meme tokens, two new players have caught the attention of the crypto community: PlayDoge (PLAY) and Mpeppe (MPEPE). Both of these tokens are rapidly gaining momentum, with PlayDoge nearing the end of its highly successful presale, and Mpeppe making headlines with a staggering 322% surge. As PlayDoge investors start to take notice of Mpeppe, it’s becoming clear that these two tokens…

Telegram CEO Pavel Durov Set to Appear in French Court After Weekend Arrest

According to a charge sheet published by French authorities earlier this week, Durov is being charged with being complicit in the administration of an online platform allowing illicit transactions, refusing to comply with police requests for documents or other communications in ongoing investigations, being complicit in the dissemination of child exploitation material and a host of other charges. Source

Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike

boss

A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says Weak Global Bitcoin Demand Persists Cryptoquant‘s report details how bitcoin’s price […] Original

Solana Blockchain Suffers A Major Decline In Transaction Fees, What’s Driving It?

The Solana Blockchain, one of the leading networks in the dynamic world of cryptocurrency, has witnessed a significant decline in transaction fees in tandem with the general decline in the cryptocurrency market. This raises worries about how the current market downturn may affect Solana’s ecosystem and prospects for long-term growth. Solana’s Daily Transactions Fees Drops Nearly 100% In a recent post on the X (formerly Twitter) platform, Kyle Doops, a market expert and host of the Crypto Banter show, pointed out that the daily transaction fees on the Solana blockchain…

Analyst Forecasts $500 By 2025

boss

Yesterday, the crypto market faced a pullback to last week’s lows, but XRP demonstrated resilience compared to other altcoins, declining by only 5%. This performance stands out, especially as XRP managed to respect a critical level of support, indicating strength amidst broader market weakness. Related Reading Both analysts and traders are optimistic about XRP’s potential, pointing to its strong fundamentals and recent price action as signs of future growth. Some bold predictions from market analysts suggest that XRP could reach as high as $500 next year, driven by increased adoption…

OpenSea Gets ‘Wells Notice’ From SEC, Calling NFTs Sold on Platform Securities

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 Price’s (BTC) Plunge Below $60K Drags CoinDesk 20 Lower

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…

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

boss

On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From […] Original

Massive liquidations rock Bitcoin and Ethereum — what’s next?

boss

What caused Bitcoin and Ethereum to plunge into a liquidation spiral? With traders losing millions, how did market conditions shift so quickly, and what’s next? The crypto market is playing a game of hide and seek, with Bitcoin (BTC) and Ethereum (ETH) leading the charge as they hover around key price levels. The entire crypto market has been in a state of distress, losing approximately 15% of its value between Jul. 29 and Aug. 28. The market cap has declined from $2.48 trillion to $2.11 trillion, reflecting the widespread bearish…