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Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
16.5.2023
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion....
Elon Musk Inspired Crypto Coin NoMeme Approaches Long Time Support Level – Are Exchange Listings on the Way?
15.5.2023
Elon Musk-inspired memecoin No Meme Token (NOMEME) is approaching a long-term support level.
NOMEME was last trading just above $0.00011, slightly to the north of its initial listing price on Uniswap of $0.00010 five days ago.
No Meme Token was launched in the wake of a tweet by Twitter, Tesla...
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
14.5.2023
The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12. The rand’s latest fall came a day after the U.S. ambassador to South Africa accused the country of secretly supplying weapons to Russia. Banking giant JP Morgan...
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
13.5.2023
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy...
Biggest Movers: SOL up 5%, as LINK Breaks Key Resistance Level on Saturday
13.5.2023
Solana rose by as much as 5% in today’s session, as cryptocurrencies began to recover from Friday’s red wave. The global market cap was up by nearly 2% at the time of writing. Chainlink also rose, moving back above a key resistance level. Solana (SOL) Solana (SOL) moved back above the $20.00 mark...
Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’
12.5.2023
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than...
Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
12.5.2023
Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally. Ethereum Network Experiences...
Welcome To Famicase 2023, My Favorite Time Of The Year
12.5.2023
Every year, around about now, indie Japanese games retailer/shopfront Meteor holds an exhibition called Famicase. The goal? Showcase the design and illustration of cartridge art for games that do not exist. Artists from all over the world take part, sending in their submissions, and every year...
PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High
11.5.2023
The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance...
Cardano Price Forecast: Hydra Scaling Solution Gains Attention Amid Ethereum Gas Fee Surge – Is It Time to Buy?
11.5.2023
Cardano (ADA) continues to hold above its 200-Day Moving Average just above $0.3500, but sell pressure appears to be building.
Nonetheless, price forecasts are becoming more downbeat....
Read More: Cardano Price Forecast: Hydra Scaling Solution Gains Attention Amid Ethereum Gas Fee Surge – Is...
A new dawn for crypto with Love Hate Inu & DogeMiyagi: Has Axie Infinity had its time in the sun?
11.5.2023
Many crypto enthusiasts have a keen eye trained on the market and what upcoming presales could offer them the best return on investment, and two promising presales have been catching the attention of many. Love Hate Inu (LHINU) and DogeMiyagi (MIYAGI) are two exciting new projects that could be...
Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco
11.5.2023
The Casablanca Court of Appeal upheld the conviction of 21-year-old French citizen Thomas Clausi for illegal use of cryptocurrency
Crypto Derivatives Market Share Hits All-Time High
10.5.2023
Binance continues to be the dominant crypto derivatives trading platform
Breath Of The Wild Ranked Best Game Of All Time By (Some) Devs And Critics
10.5.2023
We might be two sleeps away from The Legend of Zelda: Tears of the Kingdom’s hotly anticipated release on the Nintendo Switch but its predecessor, Breath of the Wild, just achieved the impressive distinction of being ranked as the best game of all time. According to one group of industry notables...
Trigun Fan Account's Tweet Turns Queer Sci-Fi Novel Into An Amazon Bestseller
10.5.2023
On May 7, a Trigun anime fan account called “bigolas dickolas wolfwood” tweeted a glowing endorsement of the science fiction novel This Is How You Lose The Time War. The tweet blew up, and the number of copies sold has wildly surpassed the co-author’s expectations. As of the time of writing,...
Pepe vs. Doge: How memecoins performed first time hitting $1B market cap
10.5.2023
In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have the largest market capitalization by 2025, with PEPE coming in second place
Third Time the Charm for a Spot Bitcoin ETF? Cboe Tries Again To Find Out
9.5.2023
Cboe Global Markets filed a proposal to list and trade shares of a spot bitcoin exchange-traded fund, marking the third time the firm has tried to get US regulatory approval.
Cboe BZX Exchange, operated by Cboe, officially filed with the Securities and Exchange Commission on Tuesday to list...
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
Hot Meme Coin $SPONGE Price Pump Incoming – MEXC Exchange Lists on Thursday May 11th - Time to Buy?
9.5.2023
Tuesday May 9th 2023 – Pepe challenger, meme coin $SPONGE, starts trading on 11th May at top 7 ranked centralized exchange (CEX) MEXC from 10:00 UTC.
This latest listing will mean that from this Thursday $SPONGE will be trading on six CEXs. It took Pepe three weeks to get its first CEX listings...