Markets

Vitalik Buterin, the co-founder of the Ethereum network, has expressed his unhappiness about the celebrity meme coin experiments in this bull cycle. According to a tweet by the Canadian-Russian computer programmer, he would deem the meme coin projects more honorable and respectable if they had a public goal and were geared toward pushing specific causes in a better direction. Celebrity Meme Coin Craze Over the past few weeks, several celebrities, including Olympian and media...

[PRESS RELEASE – Dubai, UAE, June 5th, 2024] LandRocker, the groundbreaking Play-to-Earn (P2E) gaming platform, has made a spectacular entry into the market, achieving remarkable milestones that have positioned it as a leader in the P2E gaming sector. The recent listing of LandRocker’s token (LRT) on MEXC and Uniswap has been met with overwhelming success, attracting significant attention from gamers and investors alike. Within the first 24 hours, LRT surged from its initial...

Savvy investors are looking for altcoins with the potential to outperform and dominate the DeFi market. Among the myriad options, three altcoins stand out: Notcoin (NOT), Algotech (ALGT), and Avalanche (AVAX). Are these the best altcoins for next bull run? Keep it here to find out. Notcoin Donates $6.8M to Telegram: Fuels a 231.80% Price Surge Notcoin, an interactive tap-to-earn game project within The Open Network (TON) ecosystem, in the third week of May 2024, announced a generous...

TL;DR One frog-themed meme coin that has been rising in popularity experienced a 30% spike on 24-hour scale, nearing a new all-time high price. However, PEPE remains the biggest asset of that type, with a market cap of over $6 billion. The Rise of PEPE’s Competitor The meme coin sector continues spewing new tokens, with some of them turning into real sensations in a short period of time. One example is the frog-themed Brett (BRETT) which saw the light of day three months ago...

TL;DR Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1. Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome. DOGE Bull Run in the Making? The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – experienced a significant resurgence in March this year, with its price spiking to $0.22. Since then, though, it...

The supply of bitcoin held by miners has dwindled to levels not seen in over 14 years. This massive decline in miner reserves comes at a time when the broader cryptocurrency market is witnessing a surge in institutional interest and growing mainstream adoption. Bitcoin Miner Reserves Hit 14-Year Low According to on-chain analysis firm CryptoQuant’s latest analysis, the last time miner reserves were this low, bitcoin was still in its infancy. Bitcoin creator Satoshi Nakamoto...

Following the Keynote 2 event, BlockDAG has captured significant attention, leading to a record-breaking $40.8 million raised in its latest presale. This surge in interest highlights the effectiveness of BlockDAG’s innovative approach and strategic vision.  The recent Dev Release 38, which introduced a new timestamp-based sorting algorithm, showcases the company’s commitment to technological advancement. Despite facing competition from notable players like HBAR and Kaspa, BlockDAG’s...

Ethereum’s price has spiked significantly following its ETF approval. However, the market is yet to break its recent high. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price broke above the large descending channel back in May. However, it has been consolidating between the $3,600 and $4,000 levels since, failing to continue its upward trajectory. Yet, with the Relative Strength Index still showing values above 50%, the momentum is seemingly...

The $70,000 level continues to be a major hurdle for bitcoin, but the latest data suggest that the world’s largest digital asset remains stable at the current price level and could initiate another leg up soon. According to the latest analysis by IntoTheBlock, BTC has maintained a stable price of around $69,000, primarily due to a robust demand zone between $66,900 and $68,900. The range in question is particularly noteworthy as it includes over two million addresses that...

Polkadot’s price has been consolidating over the past couple of months, following a steep decline in early April. Yet, things might be changing for the better. Technical Analysis By TradingRage The Daily Chart On the daily chart, the cryptocurrency has been range-bound inside a rising wedge pattern. This is a classical bearish reversal or continuation pattern that would be validated if the price breaks it to the downside. Meanwhile, the market has also been hovering around...