The cryptocurrency market has seen a significant surge in meme coins, with popular tokens like DogWifHat (WIF) and Dogecoin (DOGE) experiencing substantial gains. Over the last week, DogWifHat has shot up by an impressive 42%, while Dogecoin has surged by 37%. These meme coins have outperformed other leading cryptocurrencies like Bitcoin and Ethereum, which have
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Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has reached a 9-year low. This significant drop in Bitcoin balance on the popular exchange suggests that investors are opting to move their holdings off exchanges and hold for the long term, rather than engage in short-term selling.
In the realm of cryptocurrency, Bitcoin remains a key player that is closely scrutinized by experts and analysts alike. Doctor Profit, a renowned cryptocurrency expert, has recently shed light on specific regions that hold great importance for Bitcoin at this juncture. His insights have sparked optimism within the crypto community, hinting at a potential surge
Recently, a 46-year-old housewife in Hong Kong found herself in a nightmarish situation after investing a staggering 7.1 million Hong Kong dollars ($908,000) in a fraudulent crypto investment platform. The woman was targeted by fraudsters who contacted her through Instagram in July 2022, urging her to invest in cryptocurrencies through a link to a deceitful
The price of Ethereum has been facing challenges as the month progresses, despite a strong start. The bearish pressure in the cryptocurrency market has been impacting Ethereum, leading to a negative sentiment surrounding the “king of altcoins.” One significant concern contributing to this sentiment is the regulatory uncertainty surrounding ETH, adding to the bearish pressure
The meme coin sector has recently experienced a surge in popularity, with certain assets gaining significant attention on social media platforms. These assets have not only seen considerable price increases but have also become a hot topic of discussion among investors. According to DrobsTap, Memecoin (MEME) has emerged as the top-performing meme coin on X
The recent decline in the price of Bitcoin has had a significant impact on the spot Bitcoin ETF market. According to data from BitMEX Research, there has been a negative netflow in the BTC ETF market for the last four trading sessions. This trend is characterized by large outflows from Grayscale’s GBTC and record low
In recent times, the price of Shiba Inu has been consolidating near $0.26, following its surge to multi-year highs earlier in the month. This consolidation has caused many investors to pivot towards the latest ICO known as Dogwifcat ($DWIFC) in search of potentially massive returns. With Shiba Inu boasting a market cap of $15.59 billion,
Bitcoin, the flagship cryptocurrency, has been experiencing some fluctuations in its price recently, leading to concerns among investors. Despite this, certain fundamentals indicate that Bitcoin is still in a good position for further growth in the current bull market. One key factor to consider is the supply of Bitcoin on exchanges, which has decreased by
As of the latest update, AVAX has emerged as one of the most resilient and promising cryptocurrencies in the market. Despite a slight decline in its price compared to 24 hours ago, AVAX has held onto more gains than any other top fifty cryptocurrency. Currently trading at $57.73, AVAX’s 22% increase over the past week