The TRUMP coin has recently experienced a significant surge in price, reaching a market price of $0.00399 with a 24-hour change of +23,246%. The coin saw a sensational launch, gaining immediate traction and experiencing a massive surge in trading volume. However, this initial rally was followed by a sharp decline of -85%, leading to a
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The cryptocurrency market has been experiencing a period of turbulence, with the spotlight turning to Benjamin Cowen, the founder and CEO of Into The Cryptoverse. Cowen has offered his insights on the recent downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair. According to Cowen, the ETH/BTC pair is currently on a downward trajectory, with the potential
The analytics firm Santiment has recently shared insights on Cardano’s current buying opportunity, comparing it to other top coins in the market. According to Santiment, Cardano (ADA) is showing a slightly better entry point based on the Relative Strength Index (RSI) analysis. The RSI is a technical indicator used to assess the potential overvaluation or
Coincheck, a well-known Japanese cryptocurrency exchange, is gearing up to become one of the two publicly listed exchanges in the United States. The company has announced its intention to list on the Nasdaq through a partnership with a special purpose acquisition company (SPAC) called Thunder Bridge Capital Partners IV (THCP). Upon completion of the merger,
The recent unimpressive price action of Bitcoin has not gone unnoticed by institutional investors, who are now displaying bearish sentiment towards the flagship cryptocurrency. Recent data indicates that there has been a wave of massive outflows from Bitcoin investment products, which could potentially have a negative impact on Bitcoin’s price. CoinShares, in a blog post,
In an exciting collaboration, APhone has joined forces with the NFT marketplace Magic Eden to offer users the opportunity to purchase the highly coveted Access Pass. This pass not only grants access to APhone’s virtual smartphone app but also provides exclusive benefits that enhance the user experience. One of APhone’s standout features is its cutting-edge
The digital asset investment products experienced outflows for the fourth consecutive week, totaling $251 million. This trend indicates a bearish sentiment in the market, with investors pulling out their funds. One notable aspect was the “measurable outflows” from newly issued ETFs in the US, amounting to $156 million last week. This suggests that investors are
Coinbase chief legal officer Paul Grewal recently took to social media to criticize US SEC Chair Gary Gensler for what he perceives as misleading statements about the legal status of cryptocurrencies. Grewal disputed Gensler’s claim that many digital assets should be classified as securities, pointing out that the SEC’s own lawyers have previously acknowledged that
Hong Kong’s Bitcoin ETFs faced their first significant setback after launching on April 30, as they experienced their first cumulative daily BTC outflows on Monday. The China Asset Management Bitcoin ETF saw an outflow of $4.9 million, while other Hong Kong-based products reported no flows. This initial outflow raised concerns about the viability of these
The recent surge in the price of Aqua Cat on Sol (AQUACAT) has caught the attention of traders worldwide, with its price skyrocketing by an impressive 33,895% overnight. AQUACAT, although not a literal cat coin, has managed to attract investors with its unique sea-otter concept. With a current market price of $0.000910 and a 24-hour
