The PlayDoge presale is in its final hours – and the crypto world is buzzing. With over $6.3 million already raised and just a day left, everyone’s wondering whether PlayDoge’s (PLAY) price could explode once it finally hits the open market. The countdown is officially on. PlayDoge Presale Enters Final Day After Raising $6.3M PlayDoge’s presale has been wild since it kicked off on May 28. The project has raised $6.3 million in just three months – not bad for a new meme coin....
Read More »New Money Preparing to Buy the Dip? Tether and Dai Wallet Creations Suggest So
The Tether network quietly achieved a 5-month high in new wallet creation, surpassing 31.3K addresses in a single day, and the highest since March 2024. This surge has coincided with rising network growth in Multi Collateral Dai, indicating a broader trend across stablecoins. According to Santiment’s analysis, 732 new DAI wallets were created, representing the fourth-highest figure since March 2024. Interestingly, the timing of these new wallets, emerging after a market...
Read More »Bitcoin Creates 85,400 Millionaires: 2024 Crypto Wealth Report Reveals
Bitcoin has created 85,400 millionaires, highlighting its growing value and investor interest, according to the 2024 Crypto Wealth report by Henley & Partners. This report also shows that, across the world, there are now 173,200 people who became millionaires through cryptocurrencies, with a growth of 95% in the last year. Of these, 85,400 are Bitcoin millionaires, an increase of 111% in the last year. The report also points out that presently there are 28 crypto billionaires globally,...
Read More »Bitget and KoinX Connect to Revolutionize Cryptocurrency Tax Reporting
Bitget’s partnership with KoinX offers automated syncing and detailed tax reports for users. The collaboration improves security and compliance also making it easier to manage crypto investments. As tax season approaches, crypto investors often encounter the tricky task of minimizing their tax liabilities. To solve this, Bitget has formed a strategic unity with KoinX, a market leader in cryptocurrency tax reporting solutions. This collaboration intends to improve the user experience by...
Read More »Small Litecoin (LTC) Fishes Are ‘Jumping Ship,’ Here’s What it Means
Litecoin’s value has plummeted by 36% since peaking on April 1st. The crypto asset hasn’t been generating much buzz on social forums either, as per latest data. Meanwhile, a certain cohort of small LTC holders have been quietly exiting the market. However, this has ignited interest in a potential bullish reversal shortly. According to Santiment’s findings, there has been a sudden liquidation of 45.2k net wallets holding between 0.1-1 LTC which suggests that small traders are...
Read More »Maker DeFi Protocol Has Now Rebranded To “Sky”
Maker, one of the first and largest DeFi lending protocols on Ethereum, has rebranded to “Sky” following key upgrades to its decentralized stablecoin system. That stablecoin, previously known as DAI, has also rebranded to USDS, and the MKR governance token has been changed to SKY. From MKR to SKY: What’s New? As announced over Twitter on Tuesday, SKY is an “upgraded version” of MKR obtainable by supplying USDS token to the Sky protocol through Sky.money. 1 DAI can be...
Read More »Bitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex
Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese yen crisis earlier this month and the Federal Reserve’s statements at the Jackson Hole symposium last week. According to the recent edition of the Bitfinex Alpha report, the Pearson Correlation metric, which measures the relative correlation of bitcoin (BTC) with the S&P 500 and the NASDAQ,...
Read More »Meme Coin Mania Ramps Up as Crypto All-Stars Surges Past $800K in ICO
The crypto market has a new token that’s beginning to turn heads. Crypto All-Stars (STARS) has burst onto the scene in recent weeks, with its ICO having just passed the $800,000 mark. But can STARS live up to the early hype. Meme Coins Bounce Back as Crypto All-Stars ICO Takes Off Meme coins are in the spotlight this week as the crypto market perks up. After a rough patch, these joke tokens are seeing green again, and everyone’s buzzing about what’s next. That’s where Crypto...
Read More »Analyst Says Viral Meme Coin Base Dawgz Could Pump as $3M Presale Concludes Tomorrow
Investors are buzzing as the DAWGZ token prepares for its exchange debut this week. And one analyst has even tipped Base Dawgz (DAWGZ) to pump after it hits the open market. Base Dawgz – The Multi-Chain Meme Coin Taking Crypto By Storm Base Dawgz has had an impressive start to life. This digital dog coin is turning heads with its clever multi-chain strategy, which allows it to operate on Base, Solana, Ethereum, Avalanche, and BNB Chain. It’s like a crypto chameleon – ready...
Read More »Litecoin Faces Mounting Pressure as Market Value Declines
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