In the recent surge of meme coin popularity, ELON, a token inspired by Elon Musk, experienced a massive price increase of 229 times overnight. Despite the lack of an official connection to Elon Musk, the token has gained significant traction and is currently trading at $0.0000398 with a 24-hour change of +68.35%. The initial launch
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The cryptocurrency market is currently experiencing a period of relative stability, with major coins such as Bitcoin and Ether trading within narrow ranges. Despite this, there is a growing interest in smaller, lesser-known altcoins that have the potential to offer significant gains in the short term. In this article, we will explore three cryptocurrencies that
As the Cardano (ADA) price struggles and falls out of the global top 10 crypto rankings, investors are left wondering if it is still worth holding onto their ADA holdings. The current price of ADA hovers just above $0.50, down close to 3% on the day. Despite a recent rebound from mid-month lows, ADA’s market
Venezuela’s state-owned oil and gas company PDVSA is reportedly planning to expedite its utilization of cryptocurrency, particularly USDT. This move comes as a strategic response to circumvent the tightening US sanctions on the country. PDVSA has gradually been integrating USDT for oil sales since 2023 and now has a new policy requiring new customers to
FTX creditors have recently been given the chance to participate in an auction of the defunct exchange’s remaining Solana token holdings. This marks a shift from previous sales directly to larger venture capital firms such as Galaxy Digital and Pantera Capital. The opportunity was highlighted by Sunil Kavuri, a well-known FTX creditor, who urged retail
As crypto markets show signs of recovery, there is a busy week ahead in the United States economic calendar that could potentially refuel momentum for the bears. The Federal Reserve’s key inflation metric will be in the spotlight, impacting monetary policy going forward. New home sales figures, S&P Global Manufacturing PMI, and S&P Global Services
MicroStrategy founder Michael Saylor has been actively selling off shares of his brainchild over the past few months. With the authorization to sell up to 400,000 shares until April of this year, Saylor has successfully cashed in 370,000 shares, amounting to $372.7 million in value. This strategic move is part of an agreement he entered
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