Ripple’s native token emerged as the top performer in the past few weeks, surging from under $0.6 to a three-year peak of over $1.25. This means that the asset had finally awakened after Trump’s victory in the elections and caught up to the rest of the market. According to data...
Supply Shock: Bitcoin ETFs Sucked up 9,000 BTC Daily While Only 450 Were Mined
Just under a whopping 9,000 BTC was accumulated by spot Bitcoin ETFs in the United States on Tuesday, Nov. 19. This equates to around $814 million in total aggregate inflows across the eleven funds, according to Coinglass. Around 450 BTC are mined daily, which means that a huge supply shock...
Pepe Unchained and Pepeto Launch Utility-Driven Solutions for the Memecoin Era
[PRESS RELEASE – London, United Kingdom, November 19th, 2024] Pepe Unchained operates within the memecoin sector, focusing on utility and efficiency through Layer 2 blockchain technology. This approach aims to enhance scalability and transaction speed, addressing common challenges in blockchain networks during peak market activity. With a growing ecosystem and...
Binance Announces BFUSD with High APY but Faces UST Comparisons
Binance’s token BFUSD has already sparked speculation even before its launch. It all started with Binance’s introduction of the new asset on Monday which offers 19.55% APY, positioning itself as an alternative to conventional stablecoins. Not a Stablecoin, But a Reward-Bearing Asset According to the website, users can earn daily...
Metaplanet Acquires Additional 124 BTC as Stock Prices Skyrocket
Metaplanet has announced the purchase of 124.117 bitcoin for a total of 1.75 billion yen. This brings the company’s total bitcoin holdings to 1,142.287 BTC, valued at around 11.372 billion yen (approximately $73 million). Metaplanet’s Stock Surges 15% According to a post on X, the new purchase was made at...
Heather Morgan Sentenced to 18 Months for Laundering Funds from Bitfinex Hack: Report
Heather Morgan, widely known by her rap persona “Razzlekhan,” has been sentenced to 18 months in prison for her role in laundering funds stolen during the 2016 Bitfinex cryptocurrency hack. Morgan pleaded guilty to conspiracy charges related to money laundering and defrauding the United States earlier this year. A Deliberate...
Dogecoin (DOGE) Could Skyrocket by 120% if it Holds This Important Resistance (Analyst)
TL;DR DOGE has been on a tear, with analysts predicting gains to as high as $2. The meme coin market cap has reached almost $130 billion, with Dogecoin leading the charge alongside strong performances from Shiba Inu (SHIB), Bonk Inu (BONK), Brett (BRETT), and Ponke (PONKE). Is DOGE Gearing up...
Trump Media Firm in Talks to Buy Crypto Platform Bakkt: Report
The President-elect’s Trump Media and Technology Group is in talks to buy digital-asset marketplace Bakkt Holdings, according to a report by the FT citing sources familiar with the matter on Nov. 19. The all-stock acquisition by Trump’s social media firm, which owns Truth Social, would consolidate his position in the...
Keanu (KNU) Meme Token Launches on Pump.fun
[PRESS RELEASE – San Fransisco, USA, November 19th, 2024] The Keanu (KNU) token, a new Solana-based meme coin inspired by cultural icon Keanu Reeves, has officially hit the market via a fair launch on Pump.fun. The release comes amid a surge in meme coin market activity, with the Keanu team positioning...
What Could be Next For PolitiFi Coins Post-Election? FreeDum Fighters Presale Suggests There’s Still Room For Growth
The election might be over, but the PolitiFi craze isn’t. FreeDum Fighters (DUM), a hilarious meme coin project with high staking yields, has pulled in almost $600,000 in presale funding. This early success suggests that politics-themed tokens are here to stay. FreeDum Fighters Breathes New Life into the PolitiFi Sector...