Markets

This year saw an explosion of meme coin launches, many of which have questionable ties. In fact, Lookonchain’s data effectively highlights the perils of trading meme coins, especially those endorsed by celebrities, with the latest spotlight on American celebrity Caitlyn Jenner’s JENNER, which was launched on the Solana blockchain. JENNER Memecoin Pitfall Despite several market participants questioning the legitimacy of the token, some traders still went on to buy and trade...

Blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a cryptocurrency whale. According to Nansen, a crypto wallet reportedly owned by DBS Bank holds 173,753 Ether (ETH), valued at around $650 million at the current market price. DBS Sitting on a $200M Profit? Nansen’s analysis states that the address, flagged on May 30, has already generated a paper profit of $200 million from its Ether holdings. We’ve identified this...

TL;DR Shiba Inu (SHIB) experienced a significant price spike earlier this week, briefly surpassing Cardano (ADA) in market cap and becoming a top trend in the crypto community. However, its price soon dropped amid an overall market correction. SHIB’s Latest Achievement The price of Shiba Inu (SHIB) spiked by double digits on May 29, turning into one of the best performers in the sector. Its market cap temporarily crossed the $17 billion mark, and the asset briefly flipped...

An encouraging bullish technical indicator has been displayed by Shiba Inu (SHIB), suggesting that the cryptocurrency may rise in the future. Algotech and FLOKI, on the other hand, are driving market gains and drawing in investors with large price increases.  These events underscore a dynamic time in the cryptocurrency space, when momentum is driven by creative enterprises and astute indications. The attention of investors is still on these movements and how these digital assets will perform...

The realm of innovation often steals the limelight, and within this space, both Ethereum Classic and Reserve Rights have registered appreciable gains, demonstrating solid market potential. Amidst these developments, BlockDAG distinguishes itself by leveraging breakthrough Shibuya presentations and pioneering mining technology, transcending conventional market expectations. While Ethereum Classic consolidates its position by introducing a new stablecoin, and Aptos targets ambitious valuations,...

BlockDAG (BDAG) is transforming the cryptocurrency market with its innovative new dashboard. The enhanced dashboard is designed to offer users powerful features like rank tracking, real-time wallet balances, and a comprehensive leaderboard preview, all of which aim to help investors manage their crypto assets more effectively.  The release of this advanced dashboard comes at a time of significant market activity, including a notable increase in Dogecoin (DOGE) transactions and a growing...

The Uniswap debut of Retik Finance has failed to prevent a steep decline in its price. Now at $1.21, down 24.27% from $1.58, it reflects a lack of confidence among investors. This significant decrease highlights the general market discomfort following the listing’s initial enthusiasm. In stark contrast, BlockDAG’s presale displays robust market confidence, now valued at $34.7 million. Thanks to a newly enhanced dashboard and a detailed roadmap, BlockDAG is enhancing transparency and fostering...

In the ever-evolving cryptocurrency market, BlockDAG has captured the spotlight by amassing an impressive $34.7 million in its latest presale, outshining recent developments from THORChain and Jupiter. BlockDAG’s latest platform enhancements, which include advanced features like live transaction tracking, have significantly improved transparency and user engagement. These innovations place BlockDAG at the forefront of the cryptocurrency industry, demonstrating its dedication to innovation and...

Former FTX co-CEO Ryan Salame was sentenced yesterday to 90 months in prison, according to Damian Lewis, the United States Attorney for the Southern District of New York. Salame previously pled guilty to conspiring to make illegal political contributions and defraud the Federal Election Commission and to conspiracy to run an unlicensed money-transmitting business before US District Judge Lewis A. Kaplan, who handed down today’s sentence. Ryan Salame’s Sentencing As per the...

TL;DR The price of one frog-themed cryptocurrency rose 130% in the past month, hitting an all-time high of $0.09 and a market capitalization of $900 million. Analysts predict further gains and a potential market cap surge towards the $1.5 billion mark. The Next Crypto Sensation? The ever-evolving meme coin sector spews new tokens quite frequently, with some capturing the attention of industry participants and turning into major trends in a short period of time. One...