Pepecoin (PEPE) tokens were issued in mid-April and quickly gained popularity among investors, reaching a market capitalization of $1.8 billion in just over three weeks. However, the meme coin’s journey took a downward turn as the token dropped nearly 45% from their peak on Friday, causing a ripple of concern among investors. Some speculate that…
Shiba Inu [SHIB] is facing a significant price drop despite trillions of the meme coins being purchased. However, this amount of purchase can’t seem to stop its price crash. What could be causing this downward trend, and will it continue in the coming months? Despite the large number of Shiba Inu tokens purchased, the cryptocurrency…
The sideways structure of Dogecoin continues to hold steady, but the looming threat of a bearish breakout is causing concern for investors. As sellers maintain the upper hand, many are left wondering if the popular cryptocurrency will be able to weather this storm or if a sharp decline is on the horizon. Since late April,…
Recently, the Terra Classic ecosystem has been in the spotlight due to its developmental efforts, with the testnet upgrade to version 2.0.0 being the latest advancement. Contrary to general expectations, this recent improvement hasn’t translated into the price of the Terra Luna Classic token (LUNC). Since the start of February, the price of Terra Luna…
The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it. As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it might offer crypto-enabled banking services. Coinbase Is Transitioning From Crypto Exchange In a Twitter thread, Birla recounted Coinbase’s mission, vision,…
Ethereum (ETH) has experienced a series of corrections in the last few weeks, following a rally over the past few months. According to a recent report by Santiment, investors are actively depositing ETH to various crypto exchanges, and this activity has reached its highest level in the past eight months. While this trend may suggest…
Coinbase, one of the leading cryptocurrency exchanges, has reported impressive results for the first quarter of 2023. The company’s efforts toward building a more efficient and financially disciplined business have started to pay off. Despite a net loss of $79 million, Coinbase returned to positive Adjusted EBITDA, earnings before interests, taxes, and amortization, of $284…
Crypto influencer Ben Amstrong, alias Bitboy, has dropped a hint regarding the ongoing XRP lawsuit. The influencer asserted that Ripple and XRP could get a new ally in the ongoing SEC lawsuit. Following Bitboy’s assertion, the potential ally is the largest US-based crypto exchange, Coinbase, which recently filed a petition against the SEC. Bitboy’s revelation…
Cardano (ADA) was at the peak of its performance in 2022, boasting an all-time high Total Value Locked of over $400. However, since then, the cryptocurrency’s value has fluctuated. But recent data from Artemis shows that Cardano’s TVL has been consistently increasing over the last six months. The seven-day moving average of $154 million is…
Pepe Coin has emerged victorious in the battle against skepticism and doubt, with an incredible rally that left even its harshest critics astounded. Despite the naysayers, including Changpeng “CZ” Zhao, the CEO of Binance, who openly expressed his confusion towards meme coins, Pepe proved to be a force to be reckoned with. The coin has…