The cryptocurrency world is oftentimes a chaotic theater, with meme coins taking center stage. One newcomer, Pudgy Penguins (PENGU), momentarily broke into the coveted top 100 cryptocurrencies, achieving a market capitalization of nearly $900 million. This meteoric rise—160% in just a week—has taken the industry by storm, especially when viewed in contrast with the more
Crypto
April has proven to be quite a rollercoaster for financial markets, heavily influenced by President Donald Trump’s contentious tariff strategies. Amid the chaos, Bitcoin, the pioneer of cryptocurrencies, has emerged resiliently, posting astonishing gains of over 14% this month alone. This resurgence beguiles many as Bitcoin reassesses its role amidst the turbulence, and with its
THORChain’s journey in early 2025 feels like a cautionary tale written in the booming world of decentralized finance (DeFi). As macroeconomic pressures bring tectonic shifts across the cryptocurrency landscape, THORChain, a once-promising Layer 1 network, is struggling to maintain viability. Its native token, RUNE, has crashed shockingly by 74.5% to a meager $1.14 during Q1
Bitcoin’s relentless surge toward the staggering $96,000 mark evidently reached a tipping point, as resistance, much like a somber reality check, set itself firmly in place. The bubble, albeit temporarily inflated with excitement, could not withstand the pressing weight of economic sentiment and market psychology. As the world gazed earnestly at this digital titan making
In the first quarter of 2023, anxiety over tariffs proposed by former President Trump cast a shadow over global markets, yet cryptocurrencies displayed remarkable resilience. While Bitcoin’s price initially dipped, the cryptocurrency saw a significant rebound by mid-April. Proving its mettle, Bitcoin tested a low of $74,500 before skyrocketing to $94,300 by April 25, marking
In a resurgent market where Bitcoin has soared over 10% in just a week, the spotlight shines brightly on Binance, the behemoth of cryptocurrency exchanges. Not only is Binance reaffirming its control over Bitcoin custody, but it astonishingly commands an impressive 23% of all Bitcoin reserves held across centralized exchanges, as reported by CryptoQuant. This
In the unpredictable realm of cryptocurrencies, few assets have sparked as much debate as XRP. While some critics disparage it as just another digital currency, others, including influential voices within the community, argue it possesses unique qualities that could see its value soar to unprecedented heights, potentially reaching the elusive $100 mark. This analysis will
The cryptocurrency market, a domain often celebrated for its decentralization and egalitarian ethos, is now haunted by yet another scandal. The Solana-based decentralized exchange Meteora finds itself embroiled in a class-action lawsuit, unraveling chilling allegations of orchestrated deceit surrounding the M3M3 meme coin launch. The suit, which has emerged as a response to purported pump-and-dump
Bitcoin has made headlines this week with its climb to an impressive six-week high of $88,900. This milestone, reported by CoinGecko, marks a significant recovery from its recent low of $75,000 observed earlier this month. The cryptocurrency’s surge is underscored by a notable 18% gain, moving it not simply into the limelight of the financial
On April 20th, Bitget, a prominent cryptocurrency exchange, found itself embroiled in a scandal that highlighted the frailties inherent in centralized exchanges. The incident revolved around its VOXELUSDT perpetual futures market, where anomalous trading behaviors were observed, leading to a temporary suspension of accounts and a rollback of trades. It’s astonishing how a mere half-hour