Tag Archives: Crypto Bits

TL;DR Binance will delist four cryptocurrencies on July 22, causing their prices to drop significantly. Deposits and withdrawals of these assets will cease on July 23 and October 22, respectively. No More Support for These Cryptocurrencies The world’s largest cryptocurrency exchange, Binance, regularly updates its services to enhance user experience. It often adds new trading pairs to respond to ongoing market trends or removes existing digital assets from its platform due...

TL;DR Ondo is the largest coin in the Real-World Assets (RWA) sector, with a current price around $1 and a market cap of $1.4 billion. It debuted in January and reached an all-time high of nearly $1.50 in June. The niche recently dipped from nearly $9 billion to approximately $6 billion due to the broader cryptocurrency market correction. Ondo (ONDO) Real-world Assets (RWA) have increased their popularity in the past several months. They can represent physical objects or...

TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run might have peaked due to recent events like Bitcoin ETF approvals and meme coin trends. The End of the Bull Market or Just a Normal...

The cryptocurrency industry is a dynamic one with many exciting developments happening daily. However, it’s also oftentimes a target for hackers and wrongdoers who are looking to exploit the inability of novice users to safe keep their crypto. This is especially true for the meme coin sector. That said, Shiba Inu (SHIB) is one of the most popular meme coins and it boasts a huge community. LUCIE, the project’s marketing lead, has just reposted a warning from another member of...

The Shiba Inu (SHIB) price has been on a rollercoaster throughout the past few days, mimicking the rest of the cryptocurrency market. In the past day, however, the popular dog-themed meme coin has gained some ground, charting a somewhat notable increase in price and other important indicators. SHIB Price Recovers 6.5% Daily The 7-day chart of SHIB, much like that of many other altcoins, looks like the Mariana Trench. Source: CoinGeckoThe meme coin, following in the footsteps...

TL;DR ChatGPT highlighted two cryptocurrencies as top meme coins that could perform well if Bitcoin reaches $100K, due to their strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (BODEN), and Kamala Horris (KAMA) could also see gains, additionally influenced by the upcoming US Presidential elections. ChatGPT Picks These Memes Meme coins have been crypto’s rock stars during the latest bull cycle, with Shiba Inu (SHIB),...

TL;DR ChatGPT is optimistic that XRP’s price could rise significantly if Ripple wins its lawsuit against the SEC. The legal battle continues with discussions on the potential fines the company might face, impacting the timeline and outcome of the case. What are XRP’s Chances? Ripple’s XRP has seen better days since its price dipped substantially in the past few days. However, bulls rely on certain essential factors that could positively impact the asset’s market performance....

TL;DR Bitcoin’s price briefly dropped below $54,000, triggering a market-wide correction, but increased interest in buying BTC suggests some view this as a “buy the dip” opportunity. Metrics like the Relative Strength Index (RSI) and the Fear and Greed Index indicate the asset is oversold and in fear territory, which might be interpreted as a potential signal for a rebound. A Buying Opportunity? Bitcoin (BTC) saw its price plunge by over 5% on July 5, sinking below the...

Seychelles-based derivatives exchange, BitMEX has announced the launch of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. The latest offering is designed to provide traders with an opportunity to gain exposure to the top meme coins in the market through a single contract. BitMEX’s MEMEMEXTUSDT Dubbed the “S&P500 for crypto meme coins,” this new offering will allow traders to speculate on the overall performance of popular OG meme coins such as Dogecoin (DOGE) and...

TL;DR Cardano (ADA) rose 4% this week, with one analyst predicting a potential 70% spike due to a bullish pattern. Indicators suggest the asset could see further gains, with some signaling a significant price increase by early 2025. Is It Time for ADA to Shine? Most leading cryptocurrencies have plunged substantially in the past week, while the global market capitalization dipped by 3.5% daily, currently standing at around $2.35 trillion (per CoinGecko’s data). However, some...