Following a crucial week for Ethereum, there is a technical candlestick arrangement that indicates a possible sharp upturn in ETH prices in the upcoming weeks and months. One analyst pointed out events in the monthly chart where the ETH/BTC ratio reversed from a multi-year support trend line. This is significant because altcoin prices typically react
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Floki Inu (FLOKI) has witnessed a 20% increase in value over the last 24 hours, leading to a spike in its market capitalization to approximately $2.6 billion. This surge has catapulted Floki Inu to the fifth position within the meme coin sector, showcasing its growing popularity among traders and investors. Several factors have contributed to
The recent presale for Solana’s hillbilly Sealana ($SEAL) token has garnered significant attention from investors, raising over $3 million in just one month. This success has marked the beginning of a new wave of Solana meme coins that are capturing the interest of investors worldwide. Previous meme coins like DogWifHat ($WIF), Bonk ($BONK), Book of
The European Securities and Markets Authority (ESMA) has recently brought attention to Maximum Extractable Value (MEV) as a form of illegal market abuse within the context of the proposed Markets in Crypto-Assets (MiCA) regulation. This development, highlighted by crypto regulation commentator Patrick Hansen, has significant implications for the crypto industry as a whole. ESMA’s draft
The convergence of social media and finance has given birth to SocialFi, a revolutionary concept that empowers users and content creators in unprecedented ways. Decentralized finance (DeFi) has paved the way for SocialFi to redefine user engagement on social networks. This innovative approach allows individuals to not only control their online presence but also profit
In the fast-paced and ever-evolving world of cryptocurrencies, Shiba Inu ($SHIB) has emerged as a standout performer in 2024. With its current price of $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. This growth surpasses the performance of big players like Bitcoin and Ethereum, which have seen increases
Toncoin (TON) has been making waves in the cryptocurrency market as the native token of The Open Network blockchain. Recent analysis by CryptoQuant revealed some interesting trends regarding the price performance of TON compared to Bitcoin. While TON has outperformed Bitcoin by 118% since the beginning of 2024, there seems to be a disparity in
The Worldcoin project has encountered yet another setback, this time in Hong Kong. The Office of the Privacy Commissioner for Personal Data (PCPD) has ordered the Worldcoin Foundation to cease all operations in the region. The PCPD stated that Worldcoin’s practices infringe upon local privacy regulations, specifically related to the collection of facial and iris
Several industry leaders, including Coinbase, Meta, Ripple, Gemini, Kraken, Match Group, and GASO, have joined forces to launch the ‘Tech Against Scams’ initiative. This coalition’s main objective is to address online fraud and financial schemes, emphasizing that scams are not limited to social media, cryptocurrency, or finance sectors. According to a blog post by Coinbase,
The recent surge in the price of Bitcoin, reaching heights of $71,000, was quickly followed by a correction to $67,000. Despite this dip, Bitcoin whales have shown renewed interest in the market, with significant purchases being made. These whales, defined as entities or individuals holding substantial amounts of cryptocurrency, have the power to sway market
