Day: September 4, 2024

Top SHIB Analyst Compares SHIB, PlayDoge & Mpeppe For Future Potential

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Este artículo también está disponible en español. In the diversified world of cryptocurrency, three meme coins are currently grabbing the spotlight—Shiba Inu (SHIB), PlayDoge (PLAY), and the rapidly rising Mpeppe (MPEPE). Each of these tokens has its unique appeal and potential, but how do they stack up against each other for future growth? In this article, we’ll dive into a detailed comparison, guided by the insights of top Shiba Inu analysts, to see which of these coins holds the most promise. Shiba Inu (SHIB): A ‘Foundation’ Meme Coin Shiba Inu,…

$11M Dogecoin Investor Adds Mpeppe and PlayDoge to Watchlist, Here’s Why

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Este artículo también está disponible en español. In the ever-evolving landscape of cryptocurrency, savvy investors are constantly on the lookout for the next big opportunity. Recently, a prominent Dogecoin (DOGE) investor, who has accumulated a staggering $11 million in DOGE holdings, has expanded their watchlist to include two emerging players: Mpeppe (MPEPE) and PlayDoge (PLAY). But what is it about these two coins that has captured the attention of a seasoned DOGE investor? Let’s dive into the details. The Rise of Mpeppe: A Meme Coin with Unstoppable Momentum Mpeppe (MPEPE)…

Crypto Exchange Binance Hires Grant Thornton

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…

Cardano Suffers 90% Plunge In Market Share Since ’21

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Este artículo también está disponible en español. After stealing the thunder of cryptocurrency in September 2021, Cardano fell about 90%. Its native token, ADA, lost its position in the top 10 cryptocurrencies as a result of significant losses in market capitalization. Related Reading: RENDER Flashes Red With 18% Short-Term Loss – Details This slump in market share sends quite a few questions running through the minds of people: what about the future of the Cardano platform and are its highly talked-about smart contracts good enough? The Rise And Fall Of…

Switzerland’s fourth-largest bank ZKB launches crypto services

Zurich Cantonal Bank, Switzerland’s fourth-largest bank, has launched crypto trading and custody services, expanding its financial offerings. Zurich Cantonal Bank, Switzerland‘s fourth-largest bank, has officially entered the crypto market, offering its clients the ability to trade and store Bitcoin (BTC) and Ethereum (ETH). In a Sept. 4 press release, the bank said the new offering is integrated into its existing digital platforms, including ZKB eBanking and ZKB Mobile Banking. The bank has partnered with Crypto Finance AG, a subsidiary of Deutsche Börse Group, to execute crypto trades, the press release…

Bitcoin Drops to Lowest Since August as U.S. Stocks Slide

Bitcoin mining profitability is stuck at record lows, JPMorgan said in a new research report. “We estimate bitcoin miners earned an average of $43,600 per EH/s in daily block reward revenue in August, the lowest point on record,” the analysts wrote. That compares with a peak value of $342,000 in November 2021, when the BTC price was $60,000 and the network hashrate was 161 EH/s. The network hashrate, a proxy for competition in the industry and mining difficulty, increased for the second straight month in August, JPMorgan noted. “The network…

Unified Global Framework Crucial for Multi-Trillion-Dollar RWA Market, Says Finance Veteran

The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX. Datika, a veteran of both traditional and digital finance, argues that such a framework would not only provide clarity but also […] Source CryptoX Portal

Illiquid Bitcoin Entities Now Control Record 74% of BTC’s Circulating Supply

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“Bitcoin’s illiquid supply reached a new all-time high of almost 74% of circulating supply according to data provided by Glassnode, signaling that the Halving-induced supply shock is actually intensifying. This should provide an increasing tailwind for Bitcoin and other crypto assets over the coming months,” André Dragosch, head of research at ETC Group, said in a report shared with CoinDesk. Original