The meme coin sector has been experiencing remarkable growth, with tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) leading the way. Additionally, newer tokens such as dogwifhat (WIF) and Pepe (PEPE) are gaining traction due to strong community support. This surge in popularity has resulted in the sector’s market capitalization briefly exceeding $60 billion. Community
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Crypto expert Peter Brandt has recently suggested that the Bitcoin top for this market cycle may have already occurred. This conclusion is based on his “exponential decay” thesis, which he believes could actually benefit the Bitcoin ecosystem. Brandt points to historical data that indicates Bitcoin’s price may have peaked, citing a significant reduction in percentage
The Bitcoin network recently achieved a significant milestone with its daily transactions hitting a new peak of 927,000. This surpassed the previous record of 724,000, which was set back in December 2023. These findings, reported by Intotheblock, highlight the increasing activity within the cryptocurrency space, driven primarily by the launch of Runes. Runes, a new
The recent buzz in the cryptocurrency world revolves around a deep learning model that projects a significant price increase for Bitcoin (BTC) in the near future. While this AI prediction has sparked excitement among investors, financial experts warn against blind faith in such forecasts. As Bitcoin continues to stagnate around the $64,000 mark, the market
The rise of NFTs has brought about a new era in the world of digital collectibles. With the introduction of ARdinals, the boundaries between physical and digital art have been blurred like never before. These augmented reality artifacts offer a unique and immersive experience for collectors and enthusiasts, bridging the gap between the crypto world
In a groundbreaking move, Verasity, an ad-tech company, has joined forces with Creo Engine, a rapidly expanding web3 gaming platform, to revolutionize the gaming experience. This partnership aims to integrate VeraViews’ video player functionality and in-game rewards into Creo Play’s extensive gaming library. Creo Engine is not just another gaming platform; it is a web3
US Senators Elizabeth Warren and Bill Cassidy have come together to voice their concerns regarding the use of cryptocurrency in the illegal trade of child sexual abuse material. They have highlighted the anonymity provided by cryptocurrencies as a key factor that enables the flow of payments for such heinous activities in the digital realm. The
The Spot Bitcoin ETFs have been facing a decline in demand since the beginning of the month, leading to significant outflows recorded on April 26. Investors have been pulling out of these ETFs, with Grayscale’s Bitcoin Trust (GBTC) experiencing the largest outflows of $139.4 million. Other funds such as Ark Invest, Valkyrie, Bitwise, and Fidelity’s
Ethereum withdrawals from centralized exchanges have seen a significant increase in the past week, indicating a shift in investor sentiment towards the cryptocurrency. The volume of ETH being withdrawn from exchanges speaks volumes about the confidence that investors have in the future price prospects of Ethereum. This trend is particularly interesting given the prevailing uncertainty
When exploring the world of cryptocurrency investments, it is crucial to carefully analyze the risks and rewards associated with different tokens. One such token that has been garnering a lot of attention is SPACEX, a meme coin launched by a developer known for their Elon Musk-themed tokens. While SPACEX has seen impressive gains, with a
