The meme coins are currently witnessing a downward trend, especially with the upcoming Bitcoin halving event slated for next week. This temporary setback has instilled a sense of caution among investors. Meme coins such as Dogwifhat (WIF), Pepe (PEPE), Coq Inu (COQ), BOOK OF MEME (BOME), Degen (DEGEN), and Toshi (TOSHI) have shown significant price […]
Tron Founder Predicts China To Join The Crypto ETF Race
In a groundbreaking moment for the cryptocurrency world, Tron Founder Justin Sun has expressed optimism about the United States Securities and Exchange Commission’s (SEC) recent approval of Spot Bitcoin ETFs. His hopeful statements on the X platform hint at a broader global acceptance of cryptocurrencies, with a special focus on China’s potential entry into the […]
Vietnam Ministry of Justice Reiterate Crypto Go-Ahead, Legal Clarity Needed
Cryptocurrency operates within a unique regulatory landscape in Vietnam, where it remains unrestricted by explicit bans but operates without a formal legal framework. This absence of clear regulations exposes the industry to significant risks, particularly in terms of money laundering and illicit appropriation. Despite its legal ambiguity, cryptocurrency transactions continue to occur, highlighting the need […]
Pepe Price Prediction: Navigating Potential Surge to $0.0000019 Amid Market Optimism
Pepe price, reflecting the market’s growing enthusiasm for meme coins, has recently witnessed a significant upswing. In the last 24 hours, PEPE, the cryptocurrency inspired by the internet’s beloved frog character, has climbed by 23%. This increase is part of a larger trend seen across meme cryptocurrencies following the landmark approval of the first Bitcoin […]
Galaxy Digital CEO Says Bitcoin “Will Resume Its Trend Higher” After Epic Bloodbath
Galaxy Digital CEO Mike Novogratz believes that leading cryptocurrency by market capitalization Bitcoin (BTC) will resume its upward trend once the bloodbath in the broader market abates. Galaxy Digital Boss Sees Imminent Bitcoin Resurgence Novogratz started his X post by first acknowledging that wars cost money. He prayed against the occurrence of a bigger war […]
Grayscale Dominates as Spot Bitcoin ETFs Debut with Over $4 Billion Trading
On their first day of trading, the newly approved spot bitcoin ETFs have significantly impacted the market. Trading volumes for these 11 financial instruments have impressively crossed the $4 billion mark. This development marks a pivotal moment in integrating cryptocurrency with traditional financial markets. Leading the Charge: Grayscale, BlackRock, and Fidelity Grayscale, a major player […]
Shiba Inu (SHIB) Burn Rate Skyrockets 18,000%, Price To Soar?
Shiba Inu has seen a massive surge in its burn rate metrics, solidifying its deflationary status. According to data from Shibburn, the Shiba Inu burn rate has increased by 25,035.22% within the last 24 hours. Shiba Inu Extends Incinerated Tokens Amidst the recent crypto bloodbath and price correction that the broader industry is facing, Shiba […]
CoinShares To Join US Spot ETF Race With Valkyrie Funds Acquisition
CoinShares has exercised its option to acquire Valkyrie Funds LLC, the U.S.-based digital asset manager, suggesting a strategic move to solidify its footprint in the burgeoning U.S. digital asset market. Meanwhile, this decision comes on the heels of the recent SEC approval for Valkyrie’s spot Bitcoin ETF, The Valkyrie Bitcoin Fund (BRRR), among others, underscoring […]
Will Bitcoin Price Rise Again?
Over the weekend, Bitcoin price dropped by about 8% following the Iran-Israel war tension. BTC was already struggling to break out at $70,000 aiming at its all-time high of $73,000. However, the bears have been prevailing pushing the price as low as $60,000. Bitcoin halving, a special event in the cryptocurrency community is approaching fast, […]
Bitcoin (BTC) Drops Below $43K, Here’s Reason for This Slump
The world’s largest cryptocurrency by market capitalization Bitcoin (BTC) dropped swiftly below $43,000 but is now trading at $43,317.92, after a 5.90% price plunge in the last 24 hours. GBTC Dump and BTC Slump Veteran crypto trader crypto trader and the CEO of Blockchain Investment Fund and Advisory service Ran Neuner attributes the price dip […]