TL;DR Dogwifhat (WIF), a Solana-based meme coin, saw a substantial price increase recently. A potential surpassing of Shiba Inu’s market cap hinges on factors like community support, use cases, market trends, and more. What are the Chances? The Solana-based meme coin – dogwifhat (WIF) – has been among the best-performing cryptocurrencies in the past two weeks, with its price exploding by triple digits (per Coingecko’s data) and market cap briefly exceeding $450 million. WIF...
Read More »Manta Network Faces Allegations of Money Laundering Following Bithumb Listing
Manta Network (MANTA), a blockchain project aiming to expand its reach in the Asian market, has found itself entangled in a controversy surrounding allegations of money laundering following its recent listing on the South Korean exchange Bithumb. The controversy emerged when DeFi enthusiast Definalist took to Twitter, suggesting potential misconduct by Manta Network on the day of its Bithumb listing. Money Laundering Allegations Definalist’s tweet highlighted several...
Read More »Here’s Why Grayscale’s Bitcoin ETF Charges the Highest Fees: CEO Sonnenshein
In a recent discussion with CNBC, Grayscale’s CEO, Michael Sonnenshein, shed light on the company’s decision to offer the highest fee among the 11 issuers of spot Bitcoin ETFs in the United States. Amid this 1.5% fee, Grayscale’s newly converted spot Bitcoin ETF has attracted the most substantial trading volumes compared to other issuers. Sonnenshein shared the rationale behind Grayscale’s decision to maintain the highest fees and emphasized the significant market share the...
Read More »MetaMask Launches Staking Nodes on Behalf of Users, Albeit at a Steep Price
Metamask launched Validator Staking support on its wallets as of January 18. Users who wish to stake their tokens will need to have at least 32 ETH in their wallets to do so, which is the minimum requirement of the Ethereum network itself. Introducing Validator Staking on MetaMask Portfolio.? With a 32 ETH deposit, we run your very own validator node where you’re always in control. No pooling. No hardware. Just rewards.✔️ ? https://t.co/rmCtgs86WO pic.twitter.com/R8VRttP2XX...
Read More »InvestmentWeek.com: Warum es die Go-to-Quelle für Investoren im digitalen Zeitalter ist
In einer Zeit, in der der Finanzmarkt zunehmend komplex und dynamisch wird, ist der Zugang zu verlässlichen, aktuellen Informationen entscheidend für den Erfolg im Investmentbereich. InvestmentWeek.com hat sich als führende Informationsquelle etabliert, die sowohl Amateur- als auch Profi-Investoren wertvolle Einblicke und Analysen bietet. In diesem Artikel werden wir uns genauer ansehen, was InvestmentWeek.com auszeichnet und warum es für jeden, der sich ernsthaft mit Investitionen...
Read More »South Korean Government May Soon Rethink the Hostility of Bitcoin ETFs: Report
Following its initial hostile outlook on the spot Bitcoin exchange-traded fund (ETF), the South Korean government may be giving a second thought to its stance on the financial product. This movement is driven by comments from Sung Tae-yoon, the recently appointed South Korean Presidential Chief of Staff, and an analysis from the Industrial Bank of Korea (IBK). S. Korea to Rethink ETF Stance? Since 2017, the South Korean government has maintained a somewhat unfriendly stance...
Read More »Bitcoin Price Nosedives Toward $40K as Crypto Markets Cool Off: This Week’s Recap
The cryptocurrency market seems to have been cooling off throughout the past seven days, decreasing to its current capitalization of $1.69 trillion. This comes a week after the United States Securities and Exchange Commission approved a spot Bitcoin ETF. Undoubtedly, the above has been on everyone’s mind for the last few months. Now that the approval is finally here, the market is cooling down. Somewhat expectedly, the ETF didn’t attract hundreds of billions of inflows. In...
Read More »RSS3 Announces Mainnet with Breakthrough Dual-Layer Utility for RSS3 Token
[PRESS RELEASE – Singapore, January 19th, 2024] RSS3 announces its Mainnet launch to happen in Q1 2024. The RSS3 Mainnet distinguishes itself with an unprecedented dual-layer structure: a Data Sublayer (DSL) for efficient management of Open Information and a Value Sublayer (VSL), an Ethereum Layer 2 (L2) with adjusted OP Stacks and Celestia DA to handle values derived the former. Plus, there’s a cool new feature in the DSL that lets anyone spin up a private Web3 AI in just...
Read More »Bull Market Over for ETH Following Drop to $2.4K? (Ethereum Price Analysis)
Ethereum’s price has been on the rise over the last few months, breaking through resistance levels one by one. Yet, the cryptocurrency might have reached a potential turning point. Technical Analysis By TradingRage Ethereum Price Analysis: The Daily Chart On the daily chart, the market has been acting very bullish since breaking the 200-day moving average to the upside. It has been making consistently higher highs and lows, with the Relative Strength Index showing values...
Read More »XRP Bears Target $0.5 as Bulls are Nowhere to be Seen (Ripple Price Analysis)
Ripple’s price action against both USDT and BTC has been bearish for the last few months. Analyzing the charts might provide clues on the potential direction of the market in the short term. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Paired Chart Against USDT, XRP has been on the decline since getting rejected from the resistance $0.7 level. The price has been trapped inside a descending channel, failing to break it to the upside on multiple occasions....
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