It’s a sign of a bullish market for all crypto assets that are not called BTC. Last time this happened in 2021, a bevy of popular altcoins returned cryptocurrency buyers 28,000% by the end of the market cycle. Bitcoin Dominance Takes 4% Spill Bitcoin’s market share fell from 65% to 61% between May 7 and
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the memecoin market heats up, top traders are eyeing AGNT and BONK as the next combination for a 15,000% surge. In the midst of a bullish crypto market, interest is rising in promising
Bitcoin’s relatively dull price movements as of late continued in the past 24 hours, but the asset has managed to recover from yesterday’s dip and is back to $104,000. Many altcoins have marked more substantial gains in the past day, but most of them are reps of the ever-volatile meme coin niche. BTC Consolidation Phase
Stablecoins, like Tether USD Coin, continued their strong growth this week, with their market capitalization hitting a record of $243.8 billion. These coins have added over $38 billion in assets since they started the year with $240 billion. Tether (USDT) boasts a market cap jumping to over $151 billion, giving it a dominance of 62%.
TL;DR The cryptocurrency space is full of bullish and sometimes relatively ridiculous price predictions for members’ favorite assets, so we decided to ask ChatGPT for its opinion on whether XRP has the legs to make a mind-blowing surge to double-digit territory. It believes such a whopping 320% pump from current levels will require some “substantial
Despite the slight pullback in the crypto market, the NFT sector continues to pump, with sales volume jumping by 17.16% to $130.7 million. According to data from CryptoSlam, market participation has rebounded strongly, with NFT buyers increasing by 138.96% to 259,264. Also, NFT sellers grew by 98.69% to 137,347. NFT transactions have slightly decreased by
Key Takeaways CME Group will offer XRP futures starting May 19, pending regulatory review. SEC and Ripple’s settlement request was denied, maintaining the $125 million penalty. Share this article The Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, is expected to launch XRP futures and Micro XRP futures contracts on Monday, May 19,
Ethereum just made a bold move that shows it’s thinking way, way ahead. The Ethereum Foundation has announced its “Trillion Dollar Security” initiative, or 1TS for short, and the name pretty much says it all. The goal? Make sure Ethereum is secure enough to handle the kind of money and user volume that traditional financial
The on-chain intelligence platform CryptoQuant has unveiled a framework for monitoring the revenues of leading public Bitcoin mining companies. This methodology tells whether the companies are undervalued or overvalued in real time. CryptoQuant revealed in its latest weekly report that the framework tracks miners’ addresses on the Bitcoin blockchain and their BTC production. This enables
A Wellington-based man was arrested in Auckland as part of an international investigation into a crypto scam operation allegedly stealing $265 million (NZD$450 million) from seven victims. New Zealand’s Financial Crime Group made the arrest following an FBI-led probe into the criminal network. According to authorities, the cryptocurrency was fraudulently obtained between March and August