Tag: News

Memecoins cashing on the popularity of pet squirrel and social media star ‘Peanut’ have become the new money-minting opportunities for cryptocurrency degens. What happened: A token named PEANUT on the popular decentralized exchange (DEX) Uniswap (CRYPTO: UNI) jumped over 58% in the last 24 hours, with its market capitalization...

Influential economist Justin Wolfers noticed a significant shift in prediction market odds at Polymarket, sparking speculation about the declining influence of a whale heavily betting in favor of former President Donald Trump. What Happened: Wolfers, in his X post on Sunday, drew attention to the sharp drop in betting...

Leading cryptocurrencies retraced over the weekend as the probability of Donald Trump winning the presidential election fell sharply in prediction markets. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. EDT) Bitcoin (CRYPTO: BTC) -1.21% $68,324.16 Ethereum (CRYPTO: ETH)                -1.93% $2,438.68 Dogecoin (CRYPTO: DOGE)           -4.17% $0.1519 What Happened: Bitcoin slipped...

Bitcoin (BTC) crashed below $69,000 on Sunday resulting in significant levels of market liquidations. Interestingly, analysts have also noted a correlation of this decline with a decrease in the winning odds of US Republican presidential candidate Donald Trump ahead of the general elections on November 5. Bitcoin Price Fall...

Bitcoin’s volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow....

A report revealed that the spouse of one of the co-founders of the now-defunct Three Arrows Capital, or 3AC, sold one of their luxurious mansions in Singapore. Property Sale Despite Asset Freeze Reports disclosed that 3AC co-founder Zhu Su’s wife, Tao Yaqiong, successfully sold a real estate property for...

The US election is fast approaching, with voters set to cast the final votes in the next 48 hours. This election season has seen a unique focus on the crypto industry, as the two major candidates, Kamala Harris and Donald Trump, have addressed the future of digital assets as...

Michaël van de Poppe, a well-known cryptocurrency analyst, has forecasted a massive upswing in the value of Sei, a competitor to Solana, with a potential increase of up to 3,765%. What Happened: Van de Poppe conveyed his bullish perspective on Sei (CRYPTO: SEI) in an YouTube post. He expressed...

In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull. Mutant Ape Creator...

Two Ethereum Foundation researchers Justin Drake and Dankrad Feist have disclosed the decisions to drop their advisorship positions with EigenLayer. The two experts took on this role with the restaking protocol earlier in May 2024 — but much to the disappointment of the crypto community. As reported by Bitcoinist,...