Blue chip cryptocurrencies are going sideways as investors await the US Federal Reserve’s upcoming policy announcement, with a 25 bps rate hike to 5.25-5.5% widely expected by market participants. The Fed’s tone on the likelihood for further interest rates hikes later this year will likely be the main catalyst for price action in the crypto…
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Web3’s hottest new South Park-themed shitcoin Mr Hankey Coin ($HANKEY) has seen an explosive start to life in wake of its decentralized exchange (DEX) launch. After launching on Uniswap at 17:00UCT/12:00EDT at a price of $0.00125, $HANKEY quickly rallied as high as $0.0028. The shitcoin has since been going sideways around $0.0025, with presale investors…
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Crypto meme coin markets remain in a state of frenzy, with new coins popping up every day and many surging as investors hunt out the next major meme coin success story. Here are the top five trending Ethereum-based ERC-20 coins on the decentralized exchange (DEX) analysis website DEX Tools. Claiming the number 1 spot on DEX…
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Controversial mega influencer Andrew Tate is pumping the meme coin mania that has taken over cryptocurrency markets in recent weeks, created significant congestion on major blockchains like Bitcoin and Ethereum and given rise to a new wave of popular meme coins including Pepe (PEPE). Tate just announced via Twitter that, on the 1st of June,…
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Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Ethereum co-founder Vitalik Buterin’s latest salvo against “shitcoins” has ended up with him simply being sent more of it. Only days ago, the Ethereum developer made moves to sell over $700,000 of tokens previously airdropped to him, causing the price of these tokens to…
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The trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump group. Binance Dominates the Altcoin’s Trade…
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Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022. Bitcoin (BTC) is regaining its lost crypto market dominance even as it trades nearly 60% below its record highs. Bitcoin dominance at 6-month highs The Bitcoin Market Dominance (BTC.D) index, a metric that weighs BTC’s market capitalization against the rest of…
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