The injection of positive volatility sent memecoins rallying Monday, with coins from the sector emerging as the cryptocurrency market’s biggest gainers. What Happened: Frog-themed Pepe was the best-performing cryptocurrency in the last 24 hours, with gains upwards of 25%. Its trading volume surged 90% to $1.5 billion, making it the most-traded memecoin over the last
In a recent revelation by blockchain research firm TRM Labs, cryptocurrency thefts have seen a drastic increase in the first half of 2024, amounting to a whopping $1.38 billion. What Happened: The volume of stolen cryptocurrency, such as Bitcoin, Ethereum (CRYPTO: Ether) and Dogecoin DOGE/USD, in the first half of 2024 has doubled in comparison
As the week comes to a close, the world of finance and cryptocurrency has been anything but quiet. From former President Donald Trump‘s potential crypto fortune to the introduction of a bill allowing federal tax payments in Bitcoin, the news cycle has been buzzing with intriguing developments. Here’s a quick recap of the top stories
Memecoins turned out to be the saviors of a besieged cryptocurrency market Monday, as dogwifhat, Floki, and Bonk defied the broader market sell-offs to emerge as the biggest gainers. What Happened: A searing rally saw Solana SOL/USD-based WIF and BONK, along with Ethereum ETH/USD-based FLOKI, pump dramatically during the day, reversing the week-long corrective action.
Leading cryptocurrencies traded mostly flat on Monday, as efforts by bulls for an upside breakout stalled yet again. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.02% $69,473.14 Ethereum (CRYPTO: ETH) -0.79% $3,666.35 Dogecoin (CRYPTO: DOGE) -0.75% $0.1449 What Happened: Bitcoin hit $70,000 during trading hours but faced rejection soon after, dipping
June 4, 2024 9:38 PM | 2 min read Leading cryptocurrencies edged higher as investors’ expectations of interest rate cuts spurred investments in risk-on markets. Cryptocurrency Gains +/- Price (Recorded 8:35 p.m. EDT) Bitcoin (CRYPTO: BTC) +2.66% $70,619.64 Ethereum (CRYPTO: ETH) +1.80% $3,816.76 Dogecoin (CRYPTO: DOGE) +2.49% $0.1618 What Happened: Bitcoin topped $70,000 and broadly
May 19, 2024 6:00 AM | 2 min read The week was a rollercoaster ride in the world of cryptocurrency. From a top trader’s surprising move to a CEO’s political warning, the crypto market was buzzing with activity. Here’s a quick recap of the top stories that made headlines. Top Trader Ditches Bitcoin for Altcoins
May 13, 2024 5:05 AM | 2 min read The ongoing downturn in the cryptocurrency market has underscored the strength of the more established memecoins over the several new ones birthed during the memecoin frenzy earlier this year. What Happened: According to popular cryptocurrency analyst Emperor Osmo, coins like Pepe (CRYPTO: PEPE), Floki (CRYPTO: FLOKI),
The week was a rollercoaster ride for the cryptocurrency market. The crypto world was buzzing with news, from Shiba Inu’s surging burn rate to speculation of certain altcoins becoming irrelevant. Major cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) ended April with heavy losses, but the market sentiment soared as the