Dogecoin (DOGE) has recently experienced a rollercoaster ride. For over a week, its price struggled to break through the $0.063 resistance level, leaving investors uncertain about its future. However, there is a glimmer of hope as DOGE has managed to rebound from the support trendline of a channel pattern, sparking renewed interest and increasing accumulation…
Bitcoin investors are currently experiencing a déjà vu. As has happened several times in the past, the recent Tether FUD has once again marked the local bottom for the BTC price. At the same time, euphoria and greed have returned to the market. And there are several good reasons for this. BlackRock has applied for…
Shiba Inu (SHIB) has recently experienced a significant breakthrough in its price movement. With a 10% rally, SHIB managed to surpass a crucial resistance point that had been hindering its upward momentum. This achievement has sparked excitement among SHIB investors and the wider cryptocurrency community. After a period of consolidation, Shiba Inu broke through the…
ApeCoin (APE) has experienced a notable slump throughout the second quarter of this year. As the digital currency landscape continues to evolve, investors and enthusiasts have been closely monitoring the token’s performance, eagerly awaiting signs of a potential turnaround. With concerns mounting, many are left wondering: is there a silver lining ahead for ApeCoin, or…
Liquid Staking Derivatives (LSDs) on Ethereum were one of the biggest topics in the crypto market in the first months of 2023. Thanks to Ethereum’s shift from Proof of Work (PoW) to Proof of Stake (PoS), LSD projects such as Lido Finance (LDO) and Frax Finance (FXS) flourished. In simple terms, LSDs are financial instruments…
While PEPE is down 78% from its May 2023 peaks, token holders continue to rise. As of June 19, there are now 119,229 unique addresses holding the token, an increase from early June, Etherscan data shows. The meme token is based on Pepe the Frog meme, created by Matt Furie in 2005. Falling Prices, Rising…
ZachXBT, a highly respected blockchain sleuth, has sparked an outpouring of support from the cryptocurrency community after revealing a defamation lawsuit stemming from one of his previous investigations. In a remarkable show of solidarity, donations exceeding $1 million have flooded in from crypto enthusiasts across the globe, rallying to fund his legal defense. Taking to…
PEPE is now on the verge of a remarkable resurgence. After facing a decline in popularity, the meme coin seems to be reclaiming its former glory. With each passing day, this popular meme token seems to be clawing back all its losses, generating buzz among enthusiasts and observers alike. At the time of writing, PEPE’s…
The tentatively slated Ethereum upgrade Cancun / Deneb for autumn will be a game-changer for layer-2 rollup technologies such as Arbitrum and Optimism. The basis for this will be the Ethereum Improvement Proposal (EIP) 4844, which will be the main code change of the upgrade, as Christine Kim, vice president in Galaxy Digital’s research team…
Binance Coin (BNB), the native token of the Binance ecosystem, has faced significant challenges in the wake of the recent lawsuits filed by the US Securities and Exchange Commission (SEC) against both crypto exchange Binance and Coinbase. These regulatory actions have had a profound impact on the cryptocurrency market, stifling any potential upward momentum. As a…