Bitwise co-founder Matt Hougan believes the end of the memecoin boom is imminent after the niche’s close ties with Melania, Libra, and the Lazarus Group. The executive claimed that the niche already has a replacement in institutional Bitcoin adoption and other DeFi aspects such as tokenization. Bitwise co-founder Matt Hougan has predicted the extinction of … Read more
Pound Sterling rises despite BoE Dhingra sees more than four interest rate cuts this year The Pound Sterling (GBP) trades higher against its major peers, except the US Dollar (USD) on Wednesday as investors digest dovish guidance from Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra in her speech at Birkbeck on Monday. … Read more
Solana, the well-known crypto project once deemed as the Ethereum killer, has now witnessed a significant pullback, dropping under the $150 psychological support. The market price is down by 54% from its all-time high of $295. Currently, Solana trades at a market value of $137 with a market cap of $68 billion. Over the past … Read more
Shiba Inu (SHIB) holders are ready to move on to the next best thing amidst Shiba Inu’s persistent decline in the market. With so many emerging ICOs at the forefront of innovation, there is one meme coin that emerges as an investor favorite. Despite the ongoing Shiba Inu updates Panshibi ($SHIBI) is the new meme … Read more
Circle co-founder Jeremy Allaire says all dollar-based stablecoin issuers should register in the US, citing consumer protection and fair competition in the crypto market.
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Cosmos ATOM price could be in for a mega recovery as Atom News reveals a fresh attempt to become the internet of blockchains. Everyone talks about Ethereum being this great world super computer; but what’s a computer without the internet? Cosmos (ATOM) is one of the largest alternative cryptocurrencies on the market and is simply … Read more
Ethereum (ETH) has a flurry of potentially bullish catalysts this year, according to Ki Young Ju, the chief executive of the digital asset analytics platform CryptoQuant. Young Ju notes on the social media platform X that there is no significant sell pressure following last week’s record-shattering Bybit hack. “On-chain and market data remain neutral. Exchange … Read more
Key Takeaways The Ethereum Foundation donated $1.25 million to support Alexey Pertsev’s legal defense. Vitalik Buterin contributed 50 ETH to the legal defense fund for Tornado Cash developers. The Ethereum Foundation(EF) announced today a $1.25 million donation to support the legal defense of Alexey Pertsev, stating that “Privacy is normal, and writing code is not … Read more
Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S. spot … Read more