With their explosive gains, meme coins have transformed the fortunes of many investors virtually overnight. However, their dominance in the market is under threat. According to Dragonfly Capital managing partner Haseeb Qureshi, meme coins will lose market share to “AI agent” coins. Qureshi described this shift as a migration from “financial nihilism to financial over-optimism.”
News
The on-chain data analysis platform Glassnode has identified several price levels that hold the key to bitcoins (BTC) price trajectory in the coming weeks. Depending on which direction the leading digital asset goes, there could be a massive correction or strong resilience that could enable positive price movement. According to Glassnodes tweet, these price levels
Approximately 20,000 Bitcoin options contracts will expire on Friday, Jan. 3, in the first such event of 2025. They have a notional value of $1.93 billion, which is a fraction of last weeks mammoth end-of-year expiry event, so the impact on spot markets is likely to be minimal. This weeks batch of Bitcoin options contracts
The bankrupt crypto lender Celsius Network has filed an appeal challenging a court ruling that dismissed its $444 million claim against the defunct crypto exchange FTX. The appeal, which is currently awaiting review in the District Court, comes as part of Celsius ongoing litigation efforts to recover funds from FTX. According to court documents, Celsius
The CEO of Metaplanet says the US is touching off an international race for BTC reserves. Crypto analysts have dubbed the Japanese venture capital fund the “MicroStrategy of Japan” for its voracious Bitcoin purchases. In an interview at Michael Saylors New Years Eve Party in Miami on Tuesday, Gerovich said Japan would be sure to
The Swiss Federal Chancellery registered a new initiative on December 31, proposing that the Swiss National Bank hold Bitcoin as part of its reserves, potentially setting the stage for a public referendum. The initiative, spearheaded by a group of 10 Bitcoin advocates, including Giw Zanganeh, who happens to be Tether’s vice president of energy and
Ethereums performance in 2024 has been lackluster, with the asset gaining just 47% and failing to notch a new peak price or spend much time trading above $4,000. Meanwhile, Bitcoin surged more than 120% to a new six-figure all-time high in mid-December.However, analysts believe that Ethereum will outperform Bitcoin, which has been consolidating for the
The Ripple cross-border payment token has climbed almost 15% over the past 24 hours, hitting an intraday high of $2.44 during early trading in Asia on Jan. 2. It is the highest XRP has been since mid-December, as payment coins lead the way into the new year. The Ripple token exploded to top $2.90 in
The United States Internal Revenue Service (IRS) has introduced a temporary relief measure to address potential tax challenges for cryptocurrency holders using centralized finance (CeFi) brokers in 2025. As explained by Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, the relief mitigates complications stemming from the implementation of Section 6045 custodial broker regulations, which take
Ethereum co-founder Vitalik Buterin has made a contribution to the legal defense fund for Tornado Cash developers Roman Storm and Alexey Pertsev. Buterin gave 50 ETH, valued at approximately $170,000 at writing time, to aid the developers as they navigate mounting legal challenges. The news was shared through a Dec. 31 post on X by
The Syrian Center for Economic Research (SCER) has presented a proposal for the transitional government to legalize Bitcoin and digitize the Syrian pound in a bold strategy to address the country’s economic crisis. This proposal aims to build a strong digital economy and develop both centralized and decentralized banking infrastructures across the country. If implemented,
Vitalik Buterin, co-founder of Ethereum, urged Elon Musk to adopt a more measured tone in discussions surrounding the H1B visa program. The latest exchange comes amidst accusations of censorship and heated debates on X. Buterin’s comments were in response to a tweet by Musk defending the H1B visa program, which allows US companies to hire
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
Solanas SOL has rallied over 50% in two weeks, with Nasdaq-listed digital assets exchange Coinbase (COIN) proving to be a significant source of bullish pressures for the cryptocurrency, according to data tracked by Paris-based Kaiko. Since Oct. 25, SOLs cumulative volume delta (CVD) has increased by nearly $1 million on Coinbase, indicating net capital inflows.
One of the most famous sayings on Wall Street is that a bull market tends to stay in motion unless an external force acts upon it. Bitcoin [BTC] has historically lived up to the adage modeled along Sir Isaac Newtons third law of motion and could do so again, rising as high as $56,000 by
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
- « Previous Page
- 1
- …
- 20
- 21
- 22
- 23
- 24
- …
- 140
- Next Page »