Cryptocurrency Analysis and News Portal
The price of pepe [PEPE], one of the many memecoins that spawned out of crypto winter, has doubled in a week as traders anticipate the etchings of a bitcoin [BTC] spot ETF-induced bull market. Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied There has been a notable recovery in the crypto market in 2023, with new projects being launched and some tokens gaining popularity among users due to their unique utilities and economic models. An upcoming project, DigiToads, has a
Read More
Still, the core problem here is not that Bitcoin is being used to represent frog images per se, but that its value as an efficient, intermediary-free settlement system for transferring value of all kinds is undermined by blockspace congestion. (As CoinDesk columnist David Z. Morris wrote this week, Bitcoin would
Read More
PEPE's price action is reminiscent of dogecoin over the years with intense volatility being caused by an absence of liquidity or sustainable demand. The price of dogecoin dramatically fell on numerous occasions when hype began to subside. In this case, PEPE could face sell pressure when derivative markets go live
Read More
Miami’s annual Art Basel festival, now in its 20th year, connects galleries, artists and collectors to create unique artist-led experiences and bolster local art scenes. This year, the event welcomed over 76,000 attendees from 88 countries in the first week of December. Original Source
Read More
YouTube may be the next social media platform to announce the adoption of NFTs to its platform. The first social media site to announce the integration of NFTs on its platform is Instagram; Twitter and Spotify have also both announced the integration of NFTs onto their platforms. YouTube seems to have
Read More
This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (stock ticker BITO) may have aided the cryptocurrency’s recent price surge to an all-time high, though the perception of bitcoin as an inflation hedge over gold is probably a bigger factor, a JPMorgan strategist wrote Thursday. Original Source
Read More
This column has written in recent weeks about the surprising possibility that cryptocurrency markets might have become the new home for capitalism , in an environment where central banks and governments are intervening deeply in markets while picking corporate winners via emergency aid. If anything, the ridiculousness of the recent weeks’ saga involving the deliciously named
Read More
Decentralized Finance (DeFi) projects Ren Protocol, Synthetix, and Curve, are launching Bitcoin liquidity incentives to rival Ethereum-centric DeFi frameworks, reported Decrypt on June 25. Yield Farming Frenzy Yield farming has been the flavor of cryptocurrency since May 2020, ever since Compound and other projects gained prominence. Now, three DeFi projects
Read More
Paul Tudor Jones, a highly reputed hedge-fund manager and founder of Tudor Investment Corporation, has made it clear that Satoshi Nakamoto’s Bitcoin, the world’s flagship cryptocurrency is a safe-haven asset to hedge against “great monetary inflation,” and as such, he’s going all-in on Bitcoin (BTC), according to a Forbes report
Read More