Markets

Pepe (PEPE) and DogWifHat (WIF) have faced pressure in the past few days, dropping significantly as investors opt to take profits. Meanwhile, new coin Pepe Unchained (PEPU) is telling a different story – with its presale fast approaching the $24 million milestone. Meme Coin Market Sells Off as PEPE & WIF Suffer Losses It’s been a crazy period for meme coins, and this week has been no exception. After a string of gains, both PEPE and WIF have taken a hit since Wednesday....

The Ethereum-based cryptocurrency lending protocol Aave is witnessing a rapid increase in Coinbase Wrapped Bitcoin (cbBTC) flows into its platform due to a new incentives program involving the asset. While this reflects growing liquidity and rising adoption of the wrapped Bitcoin product on Aave, the market analytics platform IntoTheBlock says it poses a risk to users. According to an IntoTheBlock tweet, users may be temporarily unable to repay their loans on Aave if the...

[PRESS RELEASE – Tokyo, Japan, October 31st, 2024] Mawari Network, a spatial computing DePIN (Decentralized Physical Infrastructure Network), has announced a limited node license sale. Already a pioneer in immersive content, the node sale will make Mawari’s 3D streaming technology more scalable and accessible for content creators and developers. This node sale will help create a global, decentralized spatial computing infrastructure as the market for extended reality devices...

[PRESS RELEASE – Hong Kong, China, October 31st, 2024] The web3 firm accelerates APAC expansion, welcoming new leadership to drive growth and adoption across Asia. Serotonin, the global web3 firm bringing breakthrough technologies to market, is pleased to announce its expansion into APAC with the launch of its Hong Kong-based marketing practice, Serotonin’s first dedicated services operation in Asia. Over the last year, Serotonin has invested in scaling its APAC operations,...

With only four days left until the US election, things are heating up on the campaign trail — and in the cryptocurrency market. The most recent polls show Donald Trump and Kamala Harris nearly neck-and-neck. This uncertainty has fuelled speculation, especially in prediction markets like the blockchain-based PolyMarket. Leading the charge in the election-boosted crypto market are Politifi meme coins. These tokens fuse cryptocurrency, memes, and politics to create tokens that...

In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network. “This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,” it stated. Visa’s head of crypto, Cuy Sheffield, commented on the collaboration on Oct. 30. Excited for Visa to partner...

Ripple’s recent price action reflects a cautious market, with a temporary rebound from the critical $0.5 support zone toward the 200-day moving average. However, a rejection at this level could solidify the ongoing bearish trend. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP faced renewed selling pressure after failing to sustain gains near the 200-day moving average at $0.57. This level has acted as a strong resistance, and a breakdown below the 200-day MA...

Bitcoin’s price seems to be on the verge of achieving a new all-time high in a massive rally leading up to the US Presidential elections. The price managed to get as high as $73,600, which is less than $200 away from a new peak. Source: TradingViewThis has caused considerable turmoil in the derivatives market, leaving over $110 million worth of short positions underwater. At the time of this writing, the price has now retraced below $73,000, trading at an increase of over...

Retail investors are piling back into meme coins – sending prices soaring. From DOGE to BRETT, the sector is seeing an explosive rally to end October on a high. Meanwhile, the new meme coin Pepe Unchained (PEPU) is making its own headlines, passing $23 million in ICO funding as traders rush to get involved early. Meme Coins Surge as Market Cap Hits $62.4B Meme coins are back, with the market turning green as their combined market cap jumped 9% to $62.4 billion. Trading...

Bitcoin is closing in on its March all-time high as the crypto market gets fired up about next week’s election. Traders are piling into BTC as Donald Trump, considered the more pro-crypto of the two candidates, looks to be leading in the polls. Meanwhile, new meme coin Crypto All-Stars is gaining traction at just the right time – with its ICO raising over $2.8 million. Bitcoin Eyes New All-Time High as Bulls Take Control Bitcoin’s (BTC) march higher continues, with the OG...