The recent surge in political-themed meme coins, such as Super Trump (STRUMP) and Maga Hat (MAGA), has garnered attention from the crypto community. These tokens have become speculative assets as the United States presidential debate approaches, leading to significant volatility in their prices. Analysts have warned that these meme coins could witness dramatic rises and
Crypto
In the realm of cryptocurrency market trends, Bitcoin has always been a significant player, often setting the tone for other digital assets. However, a recent shift has been observed in the behavior of long-term holders of Bitcoin and Ethereum. While Bitcoin holders have been liquidating their positions since January, Ethereum holders have been on a
Bitcoin’s price movements have once again failed to impress as the asset faced strong resistance at $66,400 and plummeted towards $64,000 for the third time in one week. This downward trend has not only affected Bitcoin but also spilled over into the altcoin market, with several coins experiencing significant losses, particularly in the meme coin
In the past 24 hours, major cryptocurrencies such as Bitcoin, Ethereum, and Ripple have shown minor gains, indicating a recovery from the losses experienced in the previous days. This positive trend has brought some relief to investors who were worried about the bearish market conditions. Additionally, AI-related coins like Fetch.ai have seen significant pumps, showcasing
NVIDIA, once seen as a leading force on Wall Street, has now claimed the title of the largest market capitalization in the world, surpassing even tech giant Microsoft. In a surprising turn of events, the company witnessed a significant increase of approximately 3.5% in its stock price over the last 24 hours. This impressive growth
Recently, it was revealed that an undisclosed white-hat hacker group managed to steal approximately $3 million worth of digital assets from leading cryptocurrency exchange Kraken. The hackers exploited a bug in the platform’s system, allowing them to inflate their balances artificially and withdraw funds without completing deposits. One security researcher alerted Kraken about an “extremely
Montenegrin Prime Minister Milojko Spajic’s involvement as one of the early investors in Terraform Labs has recently come to light. Court documents released by the U.S. Securities and Exchange Commission (SEC) reveal that Spajic made an initial investment of $75,000 in April 2018, acquiring 750,000 Luna tokens. At their peak, these tokens were valued at
The recent revelation by ex-convict Martin Shkreli regarding his involvement in the creation of the new Donald Trump-themed token DJT has caused quite a stir. Shkreli, who served time in prison for financial-related frauds, surprisingly admitted to his role in the development of DJT during an X space discussion. This confession came after questions about
Despite a brief uptrend pushing XRP above $0.50, the cryptocurrency has experienced a mild decline in the past 12 hours. However, this movement managed to eliminate its weekly losses, positioning XRP as the only top cryptocurrency in the green within the same time frame. There has been a surge in open interest (OI) surrounding XRP,
The recent resignation of David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the SEC, has raised eyebrows in the cryptocurrency and regulatory sectors. Hirsh’s departure comes at a crucial time as the lawsuit between the SEC and Ripple continues to unfold. The news of his resignation was met with speculation, especially