The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced a decrease of approximately 1.87%. According to the cryptocurrency market cap…
As Chainlink’s stablecoin partnership with Circle aims to enhance USDC utility and Aptos (APT) sees a price boost, BlockDAG‘s recent launch of Keynote 2 has ignited significant excitement, pushing its presale gains to an impressive $41M. This surge not only highlights BlockDAG’s innovative strides but also positions it as a formidable player in the crypto…
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total computational power. Foundry Dominates Bitcoin Mining in 12-Month Period, Discovers 15,651 Blocks Out of 53,528 In the…
Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens. According to crypto analyst Ali Martinez, large holders or whales have been actively accumulating Dogecoin over the past five days. Martinez…
PRESS RELEASE. Since its launch, Genso Meta has been actively developing applications that combine gaming and blockchain technology. Beyond Play2Earn, Genso introduced UGC2EARN, allowing players to create and profit from content. They’ve also partnered with Hikone Castle in Japan to blur the lines between the virtual and real world for their users. With over 340,000…
As the cryptocurrency market continues to evolve, investors are constantly on the lookout for promising opportunities. Recently, signals have pointed to a new token on Bitmart that has the potential to rally significantly. Option2Trade (O2T), a token integrating advanced artificial intelligence, has caught the attention of whales, particularly in light of its recent performance. With…
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon Labs Targets Zero-Knowledge Tech Leadership With Toposware Buy On Tuesday, Polygon stated in a blog post…
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses and identifies 63 banks as vulnerable, marking a concerning uptick…
TL;DR Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1. Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome. DOGE Bull Run in the Making? The largest meme coin in terms of market capitalization…
The supply of bitcoin held by miners has dwindled to levels not seen in over 14 years. This massive decline in miner reserves comes at a time when the broader cryptocurrency market is witnessing a surge in institutional interest and growing mainstream adoption. Bitcoin Miner Reserves Hit 14-Year Low According to on-chain analysis firm CryptoQuant’s…