Markets

With a market capitalization of approximately $126 million, the Milady Meme Coin saw its trading volume rally above $199 million. Tech billionaire and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, has once again proved his influence in the meme coin industry through a tweet of Milady NFT. As a result, the price value of Milady-related tokens skyrocketed in the past 24 hours with increased demand demonstrated by a sharp uptick in traded volume. For instance, the floor price of Milady NFTs jumped...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up TABOO recently secured $10 million in funding at a valuation of $250 million. TABOO token is now available for trading on major exchanges, including Binance and Coinbase. Recently, the TABOO token has been gaining attention from investors and traders as it has been making bold moves in the cryptocurrency...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline below the $1.00 level against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.920 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin is showing bearish signs and trading above $75 against the US Dollar. LTC price is now trading below $85 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $84.8 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could...

Binance is rolling out a new platform that seeks to connect institutional investors with crypto investment fund managers. At launch, the new platform, dubbed ‘Capital Connect,’ will be available to Binance VIP-level users including asset and fund managers, brokers, hedge funds, family offices and high net-worth individuals, liquidity providers, and corporations. Binance’s Free Service for VIP Clients According to the official blog post, the service will be free for all...

Two committees in the US House of Representatives held the first-ever joint hearing related to crypto on Wednesday, seeking to carve a path forward to legislation on digital assets.  The early stages of the hearing proved combative, with certain Democrats questioning whether crypto-specific legislation should be signed at all.  A Focus On Making Law The hearing, held by the House Financial Services Committee (HFSC) and the House Agriculture Committee, was titled “The Future...

The crypto analytics platform – Santiment – indicated that the amount of bitcoin held on digital asset exchanges has recently plummeted below 6%. The last time the figures were that low was in December 2017. The decreased trust in centralized platforms intensified shortly after the fallout of FTX (one of the leaders in its field prior to its bankruptcy). Binance has also seen a rise in bitcoin outflows during the past several months, signaling that many users prefer to rely...

The Shapella upgrade last month enabled validators to unstake millions of ETH from the Ethereum 2.0 contract, allowing the funds to potentially be sold on the open market. Despite this, the second-largest cryptocurrency actually increased in value after the upgrade. How come? At Consensus 2023, CryptoPotato sat down with representatives from Nansen, a blockchain analytics company, to discuss how things have looked on-chain since the final phase of the Merge.  Shanghai Defies...

Binance noted that it will provide crucial information through Capital Connect including assets under management (AUM) of different funds, their performance records, and minimum investment amounts. The leading centralized exchange with more than $38 billion in daily traded volume Binance has continued to re-invent the financial markets for the betterment of the globally unbanked population. The exchange takes pride in more than 120 million global registered users who actively trade more...

Memecoin Turbo, created entirely from scratch using ChatGPT 4, has gained massive momentum with its market cap reaching $100 million within 10 days of launch. A whale holding a massive quantity of the frog-themed memecoin PEPE has recently generated a new trade in a token dubbed Turbo (TURBO), created by using ChatGPT’s language model for just $69. A whale, who was an early investor in Pepe coin and earned $14.5 million in profits, has been aggressively buying Turbo since the beginning of...