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“However, it also means that the liquidity and retail participation in the market for PEPE is far less than what DOGE and SHIB experienced in previous years. In fact, it seems the retail landscape has changed dramatically, with retail participation appearing nearly nonexistent,” the report added. Original Source
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The United States Securities and Exchange Commission (SEC) believes Filecoin’s native FIL token is a security, crypto asset manager Grayscale Investments has revealed.According to the May 17 announcement, Grayscale lodged an application with the regulator to launch a Filecoin Trust product on April 14, which would provide investors with indirect
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This wasn't the only example. Bizarrely named meme tokens like RIBBIT, BOB, JEFF and WEN all experienced massive spikes in volume over the weekend. Amid this rush into meme coins, overall volume on Uniswap's decentralized exchange surged to $150 million an hour at numerous points on Saturday, way up from
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“The current macroeconomic situation is, in our view, conducive for increased crypto adoption,” Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CryptoX in an email. “The debt ceiling getting raised also bodes well for risk assets as market participants seek to secure wealth,” he added. Source
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Ether (ETH), the second-largest cryptocurrency by market capitalization, rose more than 1% to hover around $1,830 Monday afternoon. Among other digital assets, LDO, the governance token for the liquid staking platform Lido, surged 11% to trade at $2.15, while indexing protocol The Graph's GRT token jumped more than 12% to
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Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant, hard to predict, and likely lasting effects on investors, issuers, and markets alike.” Gensler stressed: “We’ve already seen an effect in the pricing and liquidity of short-dated
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"Price reaction to macro data hasn't been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CryptoX TV. "I think mostly, same as equities, everyone feels like a lot of the macro moves are baked in. A lot of what
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Death threats, viral rap videos and a stream of frog-themed insults. That’s the state of my social media profiles after hosting a Twitter Space on May 8 about PEPE, the new token based on the “Pepe” meme.Poignantly hosted during a monumental PEPE price crash, Cryptox set out in the May
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Biden’s latest action against crypto has garnered several opposing reactions from the crypto community. The 46th elected president of the United States Joe Biden has announced his intention to close tax loopholes for “wealthy crypto investors”. He tweeted requesting Congress to cut loopholes that help the crypto tycoons. Biden also accused
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