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Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up
29.5.2024
A trader bought $2 million worth of dogecoin {{DOGE}} call options at a strike price of $0.22 on Wednesday, according to PowerTrade's head of institutional sales, Bernd Sischka
PEPE challenges Polygon: A new crypto market cap battle
29.5.2024
While the use of cryptocurrencies is increasingly popular, there is a rise in competition among the top twenty currencies based on their market capitalization. Recently, Pepe (PEPE) and Polygon (MATIC), competing for 18th and 19th place in this list, have garnered global attention. This rivalry...
Crypto market to hit $200T within 10 years — Animoca co-founder
29.5.2024
Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind
Dogecoin Price Prediction as DOGE Approaches Ripple in Rankings – Can DOGE Overtake XRP?
29.5.2024
DOGE has edged up by a very slight 0.2% in the past 24 hours, with the Dogecoin price moving to $0.1652 as the crypto market as a whole gains by 0.5% today.
The post Dogecoin Price Prediction as DOGE Approaches Ripple in Rankings – Can DOGE Overtake XRP? appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
29.5.2024
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and...
Memecoin mania sees Cardano knocked out of the top 10 crypto rankings
29.5.2024
Two memecoins, Dogecoin, with a market cap of $23.8 billion, and new entrant Shiba Inu are currently in the top 10 crypto rankings
BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
29.5.2024
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again
Mt. Gox Moves Billions In Bitcoin – Best Altcoins To Buy Now If Crypto Prices Crash
29.5.2024
Long-defunct Bitcoin exchange Mt Gox moved billions in Bitcoin (BTC) this week, sending shudders through the market that a sudden surge in sell pressure be could around the corner.
The post Mt. Gox Moves Billions In Bitcoin – Best Altcoins To Buy Now If Crypto Prices Crash appeared first...
Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback
29.5.2024
QCP Capital views the recent 2% drop below $68K as a minor blip in Bitcoin's broader uptrend, highlighting robust market fundamentals.
The post Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback appeared first on Cryptonews
Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
29.5.2024
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices...
HTX Exchange Surpasses Coinbase In Spot Trading Volumes
28.5.2024
On May 27, HTX passed US-based Coinbase in daily spot trading volumes for the first time, marking a significant milestone. This development underscores HTX's increasing market presence and impact, signalling a significant shift in the global crypto trading platform hierarchy.
The post HTX Exchange...
South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
28.5.2024
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%....
NFT market sees Ethereum and Solana go head-to-head
28.5.2024
Ethereum and Solana are fighting two battles – growth in the trading market and growth in NFT marketplaces. Interestingly, it is a close call with a large dependence on the participation of members. Solana is leading in sales volume, while Ethereum is banking higher values. Solana...
ESMA labels MEV as 'market abuse' in latest regulatory consultation paper
28.5.2024
The European Union's Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework
Floki Inu unveils a trading bot for token stability and market confidence
28.5.2024
The developers of Floki Inu have introduced a new trading bot to optimize trading efficiency and market liquidity, aiming to enhance the fundamentals of their cryptocurrency. This innovative tool aims to stabilize Floki Inu’s market presence and provide a more reliable trading environment...
Chainlink eyes $20 breakout amid market surge
28.5.2024
As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market...
Consensus 2024 Week: The House Passed a Market Structure Bill
28.5.2024
The House of Representatives voting overwhelmingly in favor of a crypto market structure bill is an interesting prelude to CoinDesk's annual conference. We'll be talking about these things in Austin this week
ChatGPT-coded memecoin reaches $638M market cap
28.5.2024
The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million
Solana Price Prediction as Validators Approve Major ‘SIMD-0096’ Proposal – What Does it Do?
28.5.2024
SOL has gained by 1.5% in the past 24 hours, with the Solana price reaching $168.17 on a day when the crypto market struggles to move.
The post Solana Price Prediction as Validators Approve Major ‘SIMD-0096’ Proposal – What Does it Do? appeared first on Cryptonews
Dogecoin, Floki, Dogwifhat Start to Surge as GameStop Jumps 19% in Pre-Market
28.5.2024
Dog-themed tokens tend to move after rallies in video game retailer Gamestop, a so-called “meme stock.”