[PRESS RELEASE – London, UK, November 4th, 2024] WebZero has announced the full agenda for its conference sub0 reset, inviting developers, investors and innovators to join Polkadot founder Dr Gavin Wood, along with industry leaders from Parity and the Web3 Foundation, to work on building JAM, a new paradigm paving...
Financial Nihilism Fuels Meme Coin Frenzy as Traditional Finance Loses Appeal: Binance
Meme coins aren’t just speculative assets. They have slowly started representing a symbolic rebellion against established financial norms, aligning with the demographic and ideological shifts shaping modern markets, as highlighted by Binance Research’s latest report. Since 2022, the collective market cap of meme coins, measured as a share of Total...
Financial Nihilism Fuels Meme Coin Frenzy as Traditional Finance Loses Appeal: Binance
Meme coins aren’t just speculative assets. They have slowly started representing a symbolic rebellion against established financial norms, aligning with the demographic and ideological shifts shaping modern markets, as highlighted by Binance Research’s latest report. Since 2022, the collective market cap of meme coins, measured as a share of Total...
Election Euphoria Sparks $2.2 Billion Inflows, With Bitcoin as the Sole Beneficiary
The excitement surrounding a potential Republican victory spurred $2.2 billion in weekly inflows, pushing year-to-date inflows to a whopping $29.2 billion. This increase, along with rising prices, propelled assets under management past $100 billion. Interestingly, this level was last seen in early June 2024, when AuM hit $102 billion. As...
Election Euphoria Sparks $2.2 Billion Inflows, With Bitcoin as the Sole Beneficiary
The excitement surrounding a potential Republican victory spurred $2.2 billion in weekly inflows, pushing year-to-date inflows to a whopping $29.2 billion. This increase, along with rising prices, propelled assets under management past $100 billion. Interestingly, this level was last seen in early June 2024, when AuM hit $102 billion. As...
Peanut the Squirrel (PNUT) Meme Coin’s Market Cap Surged to $130M Following Musk’s Post
PNUT, a Solana-based meme coin, has witnessed an astronomical surge in trading activity, with its market cap skyrocketing to over $120 million less than three days after its launch. The meme coin was inspired by Peanut the Squirrel, a social media-famous pet squirrel that was recently confiscated and euthanized by...
Bitcoin Whales Buy the Dip as BTC Slips Below $70k
Over the weekend, bitcoin’s value slumped from over $71,000 to a depth of $67,700. This price drop paved the way for some whales to acquire the leading cryptocurrency. According to on-chain data that the blockchain analytics platform Lookonchain shared via X, five whales bought 2,780 BTC (worth $192.4 million) since...
Bitcoin Whales Buy the Dip as BTC Slips Below $70k
Over the weekend, bitcoin’s value slumped from over $71,000 to a depth of $67,700. This price drop paved the way for some whales to acquire the leading cryptocurrency. According to on-chain data that the blockchain analytics platform Lookonchain shared via X, five whales bought 2,780 BTC (worth $192.4 million) since...
Bitcoin and Altcoins Stay Calm Ahead of US Election Day (Market Watch)
Bitcoin’s price experienced some volatility during the weekend, but the daily scale shows little to no movement. However, fireworks are expected in the next few days. Even the more volatile by nature altcoins stand quiet today, with XRP being the biggest gainer and LINK the most substantial loser from the...
Ripple v. SEC Lawsuit Updates, BTC Price Volatility Ahead of US Election, and More: Bits Recap Nov 4
TL;DR Ripple-SEC lawsuit continues, with the next key filing due by January 2025. Bitcoin’s price recently surged to nearly $73,600 before dropping to around $67,400, potentially influenced by political factors. Ethereum plunged from $2,700 to $2,400, with analysts watching key support levels. The Prolonged Lawsuit The legal battle between Ripple...
