Markets

The total cryptocurrency market capitalization increased to about $3.05 trillion throughout the past seven days, adding close to $400 billion. This comes on the back of stellar performance from most of the coins, including but not limited to Bitcoin, Ripple, Dogecoin, and more. But first, let’s dive into what Bitcoin did. The week started off relatively calmly. Last Friday, when we wrote our previous market update, it was trading at slightly less than $80K, but this all...

As Bitcoin continues to break into uncharted territory frequently, a previously dormant wallet has come to life after more than a decade of inactivity. According to the popular crypto tracker, Lookonchain, a Bitcoin wallet that has been dormant for 13 years, has made a significant transaction. The entity, which holds 426.3 BTC worth around $36.62 million, transferred 42.3 BTC. This stash is valued at $3.67 million. The wallet originally received the 426.3 BTC on July 29,...

TL:DR; The third-largest meme coin has exploded by 50% in the past 24 hours and over 100% on a weekly scale. The asset was listed on a few global exchanges lately, which could be among the reasons of the massive rally and the new all-time high. Exchange Listings It does feel like a bull market now, especially for some more volatile cryptocurrencies, like meme coins. After the recent rallies by DOGE and SHIB, now is the time for the third-largest of the cohort – PEPE. The...

[PRESS RELEASE – Victoria, Seychelles, November 13th, 2024] In an exciting development for crypto fans and traders, BYDFi recently unveiled SUNDOG USDT-M contracts, accompanied by a prize pool of 380,000 SUNDOG tokens. This move comes after interest and activity surrounding SunDog (SUNDOG Token), a meme token on the TRON blockchain that has experienced significant growth, gained community support. What is SunDog (SUNDOG)? SunDog (SUNDOG) is a meme-inspired cryptocurrency...

[PRESS RELEASE – Colorado, USA, November 13th, 2024] The recent increase in the PNUT token (Peanut the Squirrel) on the cryptocurrency market reflects both user interest and BYDFi’s attention to market trends. In response to this interest, BYDFi moved to list PNUT, demonstrating its commitment to adapting to shifts within the crypto landscape. PNUT Token’s Rise: From Personal Story to Market Frenzy Mark Longo’s feelings about the confiscation of his beloved pet squirrel,...

Bitcoin has surged to a new all-time high, approaching the $90K threshold in an impulsive rally. The combination of another Federal Reserve rate cut and President Trump’s re-election has fostered a risk-on sentiment in the markets, driving demand for risk assets like Bitcoin. Technical Analysis By Shayan The Daily Chart On the daily chart, Bitcoin’s price action reflects a robust shift toward a bullish market structure. It recently broke past both the 100-day and 200-day...

Weil Binance als größte Krypto-Börse der Welt von einem lebendigen Markt profitiert, investiert sie in zahlreiche Krypto-Projekte. Darunter zählt nun auch das erste Projekt der Dezentralisierten Wissenschaft (DeSci), das sogenannte BIO-Protokoll, eine innovative Plattform, die wissenschaftliche DAOs vereint und unterstützt. Mit BIO will Binance eine Zukunft gestalten, in der Forschung durch Blockchain finanziert und organisiert wird, eine Idee, die das Unternehmen als „Y Combinator für...

Puente de las Américas in Panama Foto CC 2.0 by Rodrigo Guerrero Es ist nicht wegzudisktieren: regulatorische Vorschriften und Bürokratie für Krypto-Startups werden zunehmend hinderlich. Da erscheint Panama als vielversprechender Ort für digitale Währungsinnovationen und Unternehmertum. Während Europa mit der Verordnung „Markets in Crypto-Assets“ (MiCA) einen streng regulierten Rahmen für Kryptowährungen schafft, verfolgt Panama einen deutlich...

Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the now-defunct cryptocurrency exchange. In a proposed agreement, Trabucco agreed to relinquish several high-value assets to help repay the bankrupt firm’s debts. The Settlement Deal According to a November 11 court filing, the ex-Alameda chief executive will transfer legal ownership of two apartments he...

Despite lagging behind this week’s frontrunners for a while, XRP’s price is finally catching up. It increased by around 15% in the past 24 hours, becoming one of the best performers from the top 10, second only to none other than Dogecoin. At the time of this writing, XRP is trading above $0.7 – a high last seen in March this year. Source: TradingViewWith this, its total market capitalization currently sits at $40 billion. This latest surge comes as Bitcoin’s price charted...