Floki Inu (FLOKI), a meme coin, has experienced a significant surge in price over the last 24 hours, with a 20% increase boosting its market capitalization to around $2.6 billion. This increase has allowed the coin to reclaim the fifth position in the meme coin sector, surpassing other popular coins like Bonk Inu (BONK). Several
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The popular ERC-20 meme coin, Shiba Inu ($SHIB), has been making waves in the cryptocurrency market by outperforming major players like Bitcoin and Ethereum. With its current price soaring to $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. In comparison, Bitcoin has experienced a 158% increase, Ethereum has
Toncoin (TON) has recently made headlines as one of the leading Layer 1 cryptocurrencies in the market. According to a recent analysis by CryptoQuant, TON has outperformed Bitcoin by an impressive 118% since the beginning of 2024. The on-chain analytic company has pointed out that while US traders are showing bullish sentiments towards TON, the
The Worldcoin project, led by Sam Altman, has once again encountered a significant setback, this time in Hong Kong. The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has issued an order for the Worldcoin Foundation to cease all operations within the region. The PCPD stated that Worldcoin’s practices have been
Recently, Coinbase, a well-known cryptocurrency exchange based in the US, joined forces with other industry leaders such as Meta, Ripple, Gemini, Kraken, Match Group, and GASO to launch a new initiative called ‘Tech Against Scams’. The primary goal of this coalition is to address the widespread issue of online fraud and financial schemes. It is
Back in 2010, a Florida programmer named Laszlo Hanyecz made history by purchasing two Papa John’s pizzas for 10,000 BTC. At the time, this amount of bitcoin was only worth around $41. Fast forward to today, and that same amount of bitcoin is now valued at over $690 million. The surge in bitcoin’s value over
After a surge to $71,000, the Bitcoin price has cooled off and settled back around $67,000. However, recent data suggests that Bitcoin whales, entities with significant BTC holdings, are once again showing interest in accumulating more of the cryptocurrency. This resurgence in whale activity raises the question of whether their buying power can propel Bitcoin
Speculations are on the rise following the sudden approval of the Ethereum Spot ETF last week. Renowned Bloomberg ETF analyst, James Seyffart, recently shared his thoughts on the potential performance of these funds in comparison to their Bitcoin-based equivalents. Seyffart predicts that the Ethereum spot ETFs may only attract about 25% of the demand seen
The cryptocurrency market, including Bitcoin and altcoins, experienced a rollercoaster week due to the hype surrounding the approval of spot Ethereum ETFs in the United States. This news created significant volatility in the market, with various assets seeing substantial gains and losses. Bitcoin, the leading cryptocurrency, started the week struggling to maintain levels above $66,000.
The cryptocurrency market has been witnessing a concerning trend in recent times – tokens with high valuations and low initial circulating supply. This trend has raised doubts about the sustainability of the upside potential for traders following token generation events (TGE). Binance Research has released its latest findings confirming this trend, revealing that an increasing
