Markets

The Trump Sneakers website, an online store he declared fully owned in his 2023 financial disclosure, listed Bitcoin-themed high-top and low-top shoes right after he concluded his speech at BTC 2024. These sneakers cost as much as $499. Resellers have already flooded secondary markets like eBay with it, listing it for as much as five times the original price. Some were seen with an asking price of $2,500. If people are shelling out that amount is yet to be known. Nevertheless, the most...

The meme coin market is at it again. Neiro Ethereum (NEIRO) has blasted off, rocketing over 1,000% to hit $0.2 earlier today. Meanwhile, fellow meme coin Shiba Shootout (SHIBASHOOT) is also causing a stir – and is closing in on a cool $1 million in its presale phase. Rapid Rise of “Ethereum’s Sister” Neiro Ethereum Neiro Ethereum burst onto the scene on Tuesday, quickly catching the crypto community’s attention. Since its Uniswap launch, NEIRO has soared over 1,000% from its...

Following the Bitcoin2024 conference, Bitwise CIO Matt Hougan has issued a bold call to crypto investors, urging them to rethink BTC’s potential upside. According to Hougan, the market is “not bullish enough” about the flagship cryptocurrency, and recent developments at the conference have highlighted a shift that could impact Bitcoin’s future value. Political Figures Support Bitcoin at Bitcoin2024 Conference As the cryptocurrency market deals with volatility and regulatory...

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Mt. Gox has refunded about 41.5% of the bitcoin it owed to creditors who lost their funds. However, selling activity in the market remains minimal. That has taken the entire community by surprise. With the repayments occurring over a year after the defunct exchange shut its doors for good, creditors were expected to sell their assets once they received them. BTC has since seen an 8,500% increase in its price. A Glassnode report showed how creditors are holding the funds reimbursed by Mt....

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The past few weeks have been exciting, marked by a market upturn and green charts. Bitcoin (BTC) briefly tested $70,000 earlier this week and altcoins traded in tandem with the wider crypto market. Meanwhile, Sui (SUI) and Optimism (OP) gather steam for another bull run, placing them on the list of tokens to watch out for. Concurrently, the DTX Exchange (DTX) presale is rapidly becoming an investor favorite as funds near $1.5 million. This massive show of interest can be linked to its...

The ZKX Protocol, a Crypto.com-backed decentralized exchange, has shut down due to economic challenges. Following the announcement, the ZKX token plunged by over 50% in the last 24 hours. ZKX Token Plummets Over 50% On July 30, co-founder Eduard Jubany Tur announced the discontinuation of the ZKX protocol. He expressed regret, stating that despite their best efforts, they were unable to find an economically viable path for the protocol. According to data from CoinGecko, the...

Bitcoin miner Marathon Digital (MARA) has acquired $100 million of bitcoin (BTC) from the open market while stating it plans on going back to holding the BTC it makes from its mining efforts. It began offloading the BTC from its reserve to cover operational expenses as the asset’s price dropped last year. In a statement, MARA relayed that “it has purchased $100 million of bitcoin and currently holds over 20,000 BTC on its balance sheet. Furthermore, effective immediately, MARA will adopt a...