However, the situation may not be as optimistic as it seems. Recent market activity suggests that Dogecoin might be facing significant resistance, potentially driving its price lower. Dogecoin Is Leaning in Favor of the Bears The market sentiment around Dogecoin is currently strongly bearish, as indicated by the MVRV (Market …
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In September 2024, Solana-based protocol Pump.fun became the fastest growing crypto app in history by some metrics, surging to $100 million in revenue in record time. The meme coin launchpad has birthed some of the biggest memes, viral metas, and dangerous moments in crypto history, including a cute dog named …
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Kraken has requested a jury trial in response to the US Securities and Exchange Commission’s (SEC) lawsuit, according to a Sept. 12 court filing. The move comes after a federal judge rejected Kraken’s bid to dismiss the case, which centers on claims that the platform operated an unregistered securities exchange. …
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Robinhood has seen immense growth in the past year as the company intensifies its crypto-based youth strategy. A Profitable Year for Robinhood Robinhood, the US-based financial services company and trading app, is on the verge of a new era. Pushed forward by growth in the crypto industry, Robinhood’s shares jumped …
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Robert Kiyosaki’s Take on Bitcoin: A Game Changer for America’s $35 Trillion Debt?
by Qadir AKby Qadir AKAs the United States 2024 general election approaches, the crypto issue is becoming more relevant despite not emerging in the recent debate between Donald Trump and Kamala Harris. Furthermore, institutional investors—led by spot BTC ETFs and publicly traded companies such as MicroStrategy—are using Bitcoin strategy in their respective balance sheets …
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Deaton recently secured the Republican nomination, positioning him to challenge Warren for the Massachusetts Senate seat in the upcoming US elections. Winklevoss’s post responded to an email from Elizabeth Warren’s campaign, which accused conservative, crypto-backed groups of orchestrating multi-million-dollar ad campaigns against her. Warren specifically targeted Tyler and his brother …
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This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices CoinDesk 20 Index: 1,831.41 +2.21% Bitcoin (BTC): $58,088.29 +2.45% Ether (ETH): $2,345.28 +0.99% S&P 500: 5,554.13 +1.07% Gold: $2,515.67 +0.11% …
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Renewed bias for leverage points to increased investor risk appetite. High-leverage liquidity in bitcoin is concentrated at around $58,500. Increased leverage indicates traders taking on more risk and a possible jump in price volatility. Leverage in the bitcoin (BTC) market is growing again, a sign traders are looking to take …
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A wallet linked to the bankrupt FTX exchange recently unstaked 177,693 SOL tokens, valued at $23.75 million, from Solana, according to on-chain data. Typically, tokens are sent to exchanges to be sold after unstaking. However, as of press time, FTX has yet to move its unstaked Solana holdings. Nevertheless, the …
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The immutable nature of the blockchain was put in stark relief on Wednesday when CryptoPunk #2386, which is valued around 600 ETH (about $1.5 million), was acquired for a fraction of that price at 10 ETH (or just over $23,000)—after being locked up and overlooked thanks to a now-defunct website. …