Crypto news

Artificial Intelligence has entered the scene with a bang, and that’s particularly true for OpenAI’s ChatGPT. Although not accurate on multiple occasions, it’s always good fun to poke its AI-powered brains on different hypothetical scenarios. That’s what we’ve decided to do – combining existing predictions and potential developments. Can Bitcoin Reach $1 Million? As CryptoPotato reported earlier, analysts from the well-known firm Bernstein Research gave multiple particularly...

The cryptocurrency market experienced a 10% decline overnight, while meme coins like Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX) surged by 12%. This unexpected trend has sparked interest from investors and analysts. The article explores the market downturn, the resilience of meme coins, and provides a detailed analysis of Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX), along with expert opinions on future trends. The Market Downturn: A Brief Overview The...

Canadian asset manager 3iQ announced that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch an exchange-traded product (ETP) on the Toronto Stock Exchange (TSX). If approved, the fund will be the first publicly traded Solana ETP in North America. 3iQ Files Prospectus for Solana Fund (QSOL) In a June 20 post on X, 3iQ Corp. announced the submission of a preliminary prospectus for The Solana Fund (QSOL) in Canada in relation to an initial public...

The world’s fourth-largest asset manager has promised to seed its upcoming Ethereum ETF with $4.7 million ahead of launch, according to a regulatory filing. “Total proceeds to the Trust from the sale of the Seed Baskets were $4,749,975.00,” read Fidelity’s S-1 registration form for its “Fidelity Ethereum Fund” filed on Friday. Fidelity Buys Its First Batch Of Ethereum The proceeds were used to buy ETH on June 4, securing 1,250 ETH at the time. They were bought by FMR Capital...

On-chain experts have warned that political-themed meme coins will remain volatile for the next seven days or more as the United States presidential debate approaches. Bitfinex analysts said PolitiFi tokens have become speculative assets for the outcome of the upcoming elections; hence, they could witness dramatic rises and falls before, during, and after the debate between the leading candidates, incumbent President Joe Biden and former President Donald Trump. PolitiFi...

[PRESS RELEASE – Monaco City, Monaco, June 21st, 2024] Memereum Achieves Significant Milestone Memereum (MEME) sold over 1 million tokens within hours of its presale, reaching a total of over 24 million tokens sold in it’s current presale phase. The team views this rapid progress as an indication of strong market demand and confidence in Memereum. Innovative Features of Memereum Upon launch, Memereum will introduce MemeSwap, the first decentralized insured exchange. A beta...

[PRESS RELEASE – Miami, FL, June 21st, 2024] Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its success is driven by practical applications, a robust presence, and a dedicated community. A key factor behind FLOKI’s prominence is its strong community support. Notable mentions include a tweet from Elon Musk’s parody account with 207k followers, stating, “FLOKI objectively offers much better utility than other memecoins on the market.”...

British multinational bank Standard Chartered is all set to roll out a trading desk for Bitcoin and Ether. The latest development makes it one of the first global banks to engage in spot cryptocurrency trading. Standard Chartered has been engaging with players in the digital asset space for quite some time and has also partnered with several entities amidst increased demand for crypto exposure. Standard Chartered Ventures Into Spot Trading According to two anonymous sources...

It’s been a tough week, and there are no two ways around it. The total cryptocurrency market capitalization declined by more than $70 billion as Bitcoin’s price dipped below $64K. It’s been somewhat of a rollercoaster ride throughout the past seven days as the BTC price attempted to recover on a few occasions but failed to regain its position. Last Friday, the cryptocurrency tumbled toward $65K but the bulls were quick to recover during the weekend. As soon as the new week...

The meme coin showcase proceeds to charm financial specialists with its blend of humor, community engagement, and theoretical potential. As we move through 2024, four meme coins stand out: Shiba Inu, Pepecoin, Dogecoin, and Furrever Token. Each brings special qualities and openings that make them worth observing. Shiba Inu ETF Speculation: Could SHIB’s Price Soar to $0.01 with Potential Approval? Shiba Inu (SHIB) has gathered noteworthy consideration with talks around the potential...