Tag Archives: Crypto Bits

The Cardano (ADA) blockchain has experienced a significant uptick in user engagement over the past month. According to data from Danogo, a decentralized exchange (DEX) on Cardano, the number of active wallets on the network surged to 600K, a 40% increase that doubles the lowest amount in the past 30 days. The surge in active wallets in the Cardano blockchain coincides with a boost in its decentralized finance (DeFi) ecosystem, which stands at roughly $500M, according to data...

TL;DR Dogecoin’s price jumped over 14%, fueled by Elon Musk’s endorsement and potential Tesla payment acceptance. Analysts and crypto enthusiasts are optimistic about DOGE’s future, predicting significant rallies for it and other meme coins. Dogecoin made serious waves today (March 14), with its price spiking over 14% and reaching almost $0.20. DOGE Price, Source: CoinGeckoIts latest surge could be attributed to Elon Musk’s endorsement, who said his EV-giant Tesla might...

Bitcoin (BTC) whales have been busy this week taking profits, or at least it appears so. According to on-chain tracker Lookonchain, one wealthy trader made a profit of $217 million on BTC after selling a large amount of BTC on Binance. The whale in question had accumulated and held BTC for several months, specifically since August 2023. As BTC’s price exploded above $40K in January, he sold 4,300 BTC on Binance at an average price of $43K —netting approximately $183M in...

TL;DR Coinbase has expanded its offerings to include nearly a dozen new digital assets exclusively for a certain group of users. Some of the affected cryptocurrencies have launched a rally, aligning with the overall bullishness in the market. One of the biggest cryptocurrency exchanges – Coinbase – announced that users could start dealing with nearly a dozen digital assets, such as Voxies (VOXEL), Celestia (TIA), Hivemapper (HONEY), Velo (VELO), and more. It is important to...

TL;DR The cryptocurrency market, particularly the meme coins niche, has seen notable growth as of late. Predictions suggest a specific meme coin could lead the next bull run, driven by strong investor loyalty. The cryptocurrency market has been booming lately, with numerous leading digital assets (such as Bitcoin) tapping new all-time high prices. One particular niche has dragged even more attention, and that is the meme coin realm. Tokens of that type, including Shiba Inu...

TL;DR Shiba Inu and Dogecoin lead the meme coin sector with substantial community bases, having millions of holders. Assets of that type attract investors with their potential for rapid gains, though their inherent volatility also poses significant risks of losses. Despite the emergence of solid competitors, Shiba Inu (SHIB) and Dogecoin (DOGE) remain the undisputed leaders in the meme coin realm. The tokens have a combined market capitalization of over $45 billion,...

TL;DR Fans of the cryptocurrency dogwifhat (WIF) are raising funds to advertise it on the Sphere in Las Vegas. WIF’s value has surged recently, reaching a market cap near $2.5 billion, bolstered by support from major exchanges and notable endorsements. WIF Eyeing the Sin City One of the best-performing cryptocurrencies – dogwifhat (WIF) – in the past few months might receive a significant promo push in the near future. The X user Ansem revealed that its fan base has launched...

Moreover, it’s getting some new digs on Stock Twits, and another crypto exchange has added FLOKI to its trading pairs. FLOKI coin gained more in price on cryptocurrency exchanges last week than Pepe Coin, Dogecoin, Shiba Inu, Bonk Inu, or Wif. Furthermore, the Ethereum and Binance Smart Chain meme coin entered the top 60 biggest cryptocurrencies by market cap. Popular meme coin account DogecoinRise posted to X, formerly Twitter: “Floki has outperformed $PEPE, $DOGE, $SHIB,...

TL;DR Achieving a $100,000 Bitcoin price is speculative, influenced by regulatory and technological changes, along with market sentiment and investor actions. The current rally is seen as more stable, supported by the introduction of spot BTC ETFs, adoption by countries like El Salvador, and the anticipation of the halving event, which historically precedes market booms. What are the Chances? Earlier this week, Bitcoin’s price reclaimed its all-time high of over $69,000,...

TL;DR The upcoming Bitcoin halving event is expected to decrease miner rewards and may boost the cryptocurrency market. Analysts predict XRP could exceed $1 soon, with potential spikes up to $1.40 in April and an eventual all-time high of $5, depending on overcoming key resistance levels. What Needs to Happen? The Bitcoin halving – a major event in the cryptocurrency industry that takes place roughly every four years – is scheduled for April this year. It will cut the...