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Bitcoin fell 26% in three months but outperformed most crypto sectors as Ether dropped 36%, AI tokens fell 48%, and memecoins dipped 56%. Despite a decline from all-time highs, Bitcoin has still performed better than most other cryptocurrency sectors in recent months, indicating that capital and investment continue to favor Bitcoin, according to Glassnode. Over…
Memecoins were never about memes, jokes, or financial nihilism; it is the underlying technology and its implications that are promising. Memecoins are not dead because the market is down and the narrative has faded, according to president of payment infrastructure company MoonPay, Keith A. Grossman, who said that memecoins will be back but in a…
Memecoins were never about memes, jokes, or financial nihilism; it is the underlying technology and its implications that are promising. Memecoins are not dead because the market is down and the narrative has faded, according to president of payment infrastructure company MoonPay, Keith A. Grossman, who said that memecoins will be back but in a…
The memecoin Mog Coin saw a slight lift in its price on Wednesday after Canary Capital filed to launch an ETF tracking the token. Canary Capital has filed to launch an exchange-traded fund (ETF) tracking the price of a memecoin called Mog Coin, briefly lifting the price of the little-known token. In a regulatory filing…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Japan’s top banks reportedly plan to launch a joint yen-based stablecoin, more than five new crypto exchange-traded funds (ETFs) were applied for this week,…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, industry executives joined President Donald Trump’s White House fundraiser dinner. Meanwhile, the Financial Times reported that the Trump family’s crypto ventures have generated more…
The memecoin market lost almost 40% in a day before slightly rebounding, as top tokens like DOGE and SHIB remained deep in the red. The memecoin sector’s market capitalization fell to levels last seen in July, as meme-based tokens struggled to recover from losses incurred during the crypto market’s sharp crash on Friday. CoinMarketCap data…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Bank of North Dakota announced plans to introduce its official stablecoin, the Roughrider Coin. Meanwhile, BNB Chain traders are cashing in as new…
BNB Chain traders made millions on new memecoins going parabolic, with one turning $3,500 into $7.9 million amid a surge in onchain trading activity. Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle. Among the…
The judge cited ongoing cooperation of the defendants in the case as one of the reasons for unfreezing the stablecoins. A US judge has unfrozen $57.6 million in USDC (USDC) stablecoins tied to the Libra token scandal in February, giving memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow access…