The once-popular meme coins that dominated the crypto market in the first two quarters of 2024 are now experiencing a significant cooling off period. Recent findings indicate that only a few lesser-known meme coins have seen gains in the past 30 days, while the more popular ones are struggling to maintain their strength. According to
Dogecoin
The recent announcement made by President Joe Biden regarding his decision to step down from the presidential race had a significant impact on the cryptocurrency market. Following the announcement, the Bitcoin price experienced a sudden crash, wiping off $2,000 in mere minutes and bringing it back down below $66,000. This abrupt decline caused other cryptocurrencies
Bitcoin’s price experienced a positive reaction following President Joe Biden’s announcement that he would not be running for re-election in 2024. The cryptocurrency surged to a multi-week peak of over $68,000, showcasing its volatility in response to political news. In recent weeks, Bitcoin has undergone significant price fluctuations. From $58,000 to $65,000 after an assassination
In a strategic move towards global expansion, Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This marks a significant milestone for the platform, signaling its commitment to serving clients in key markets beyond the US.
In the ever-evolving world of cryptocurrency, one trend that has captured the attention of many investors and traders is the rise of dog-themed meme coins. These digital assets, often inspired by popular dog breeds or memes, have seen significant growth in 2024. Market Trends Dog-themed meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB)
In the midst of a crypto market recovery, Cardano holders find themselves in a precarious position. Data from IntoTheBlock reveals that Cardano is currently the worst performer in terms of profitability among the top 10 largest cryptocurrencies by market cap. This disappointing performance has left many long-term believers and investors in despair, as the profitability
Recently, the price of Shiba Inu (SHIB) experienced a significant surge, followed by a 4.5% drop in the past 24 hours. This decline coincided with a substantial decrease in active Shibarium accounts and daily transactions. As Shibarium is a crucial part of the Shiba Inu ecosystem, these metrics play a vital role in determining SHIB’s
The cryptocurrency market has recently experienced a significant surge, adding a whopping $200 billion in just the past few days. Leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have seen notable increases, with BTC rising by 4.5% to briefly surpass the $63,000 mark, and ETH reclaiming the $3,300 level. The meme coin sector has
Meme coins have been gaining significant popularity in the cryptocurrency market, especially during the recent bull cycle. With the likes of Shiba Inu, Dogecoin, and Solana-based tokens making substantial gains, investors are now turning their attention to lesser-known meme coins that have the potential to perform well if Bitcoin reaches $100K. According to ChatGPT, two
The cryptocurrency market has experienced a significant downturn in the past 24 hours, with the total market capitalization dropping to $2.07 trillion, marking an 8.6% decrease. Bitcoin, the leading digital asset, has been hit hard, with its price falling below $54,000 for the first time since February. This sharp decline has had a negative impact