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From Laughs to Loot: Meme Coins FLOKI and PEPE See Explosive Growth Amidst Crypto Surge
8.3.2024
On Friday, bitcoin and ethereum experienced modest upticks, registering increases of 2% to 5%, respectively. Meanwhile, the meme coin FLOKI has soared by 70% in the last 24 hours, with PEPE also making notable gains of 32.7%. Friday saw around ten cryptocurrencies achieving double-digit increases...
'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record
8.3.2024
Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday's action
Bitcoin Sets New Record, Climbs Above $70,000 Mark; Ethereum Hits $4K Milestone
8.3.2024
Bitcoin has once more surpassed its previous highest point of $69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $68,000 mark, having outdone its prior peak and ascended to $70,184 per coin. New Peaks: Bitcoin Tops $70,000 While...
Best Crypto Meme Coins to Buy Now – Smog, Scotty AI, Sponge
8.3.2024
As Bitcoin (BTC) pushes back above $68,000 and eyes a retest of the record highs it printed last week, major meme coins continue to pump, but as their valuations become more bloated, traders are hunting for lesser-known alternatives that could be the best crypto meme coins to buy now.
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Ethena’s USDE Yield Hits 67%, Outpacing Most Stablecoin Returns
8.3.2024
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in...
FDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth
8.3.2024
Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD...
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion
8.3.2024
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently...
US Continues Efforts to Extradite Terra Founder Do Kwon
8.3.2024
Despite Montenegro’s High Court ruling for Do Kwon’s extradition to South Korea, the U.S. is not backing down. “The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law,” the Justice...
Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors
8.3.2024
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen
Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 Million
8.3.2024
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage...
US Prosecutors to Appeal Montenegrin Court’s Decision to Extradite Do Kown to South Korea
8.3.2024
US prosecutors aim to appeal the Montenegrin High Court's decision to extradite former cryptocurrency mogul Do Kwon to South Korea to face charges related to the $40 billion collapse of the TerraUSD stablecoin in 2022.
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Shiba Inu Price Prediction as SHIB Rallies 6% in 24 Hours – $10 SHIB Possible?
8.3.2024
SHIB has bounced by a healthy 6.5% today, with the Shiba Inu price reaching $0.00003358 as the crypto market enjoys a 2% rise in the past 24 hours.
The post Shiba Inu Price Prediction as SHIB Rallies 6% in 24 Hours – $10 SHIB Possible? appeared first on Cryptonews
Sony Files ‘Super-Fungible Token’ NFT Patent
8.3.2024
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one...
Crypto.com forms an exclusive collaboration with Altava Group
8.3.2024
Crypto.com announces a partnership with the Altava Group, which will enable the Altava Group to participate in the NFT space and utilize payment services derived from Crypto.com. In the presence of the President and Chief Operating Officer of Crypto.com, Eric Anziani, and the CEO of Altava Group...
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
8.3.2024
The AI token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.
The post Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week appeared...
Optimism Foundation Executes $89 Million OP Private Token Transaction
8.3.2024
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...
Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms
8.3.2024
The core reason for the release of a crypto scent is “to encourage more women to learn and explore the world of cryptocurrency.”
The post Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms appeared first on Cryptonews
VARA’s CEO Predicts Boom in UAE Crypto Market Post FATF Grey List Exit
8.3.2024
Matt White, CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), sees the Financial Action Task Force’s removal of the UAE from the grey list as a positive move, clearing the way for increased crypto-related investments.
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Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens
8.3.2024
The memecoin sector has taken center stage in the midst of a bullish crypto market, outperforming even red-hot AI tokens.
The post Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens appeared first on Cryptonews
Ethereum investors tout BlockDAG as the top new crypto to buy; Speculation mounts on Pepe’s potential revival
8.3.2024
As Ethereum works towards recovery, stabilizing its price of around $3,900 presents a clear challenge, underscoring the volatile nature of its value. Concurrently, the bull run experienced by Pepe underscores the capricious yet perilous appeal of investing in assets driven by trends. Amid these...