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 31, 2024 4:34 PM | 2 min read Cryptocurrency markets saw more sideways trading to close out the week, with inflation data failing to ignite a rally. Prices as of 4 p.m. ET: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,640 -0.9% Ethereum (CRYPTO: ETH) $3,780 +1.1% Solana (CRYPTO: SOL) $166.15 -0.5% Dogecoin (CRYPTO:
May 27, 2024 5:01 AM | 2 min read As former President Donald Trump ramps up his pro-cryptocurrency attitude in the run-up to the presidential election, Maga Coin (CRYPTO: TRUMP), which is inspired by him, has delivered massive returns to its holders. What Happened: Maga Coin, rooted in the “Make America Great Again” movement, has
The U.S. Securities and Exchange Commission’s (SEC) recent request for revisions to Ether ETF applications has sparked a wave of optimism in the cryptocurrency industry. Benzinga talked to experts, who believe a potential green light for these ETFs could attract new investments and accelerate the mainstream adoption of Ethereum and other alternative cryptocurrencies. What Are
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