A publicly listed firm plans to purchase BONK worth $115 million by the end of 2025. Shiba Inu developer has clarified LEASH’s dramatic supply change. Fartcoin leads the downside with a 12% 24-hour price dip. Cryptocurrencies display recovery signals after July’s CPI inflation of 2.7% boosts sentiments in risky assets. Ethereum has crossed $4,400, renewing altseason conversations. Meanwhile, this article highlights ongoing developments in meme cryptocurrencies, focusing on Bonk, Shiba Inu’s ecosystem, and FARTCOIN. Bonk’s $115M investment On Monday, Healthy […]
Circle launches Arc blockchain with USDC as native gas token. Circle’s Q2 revenue up 53% to $658M, but $482M net loss reported. USDC supply has surged to $65.6B, including $250 million minted. Circle, the issuer of the USDC stablecoin, has announced the launch of its own layer-1 blockchain, Arc, even as it posted strong revenue growth alongside a hefty quarterly loss. The move marks a major step in the company’s ambition to become a full-stack platform for digital finance, while […]
Bitcoin Cash price is near $590 having touched highs above $604 in the past 24 hours. While BCH is a mere 1% in 24 hours at the time of writing, it’s 18% higher in 30 days. Bitcoin Cash could break above critical resistance and eye the $1,000 level. Bitcoin Cash (BCH) is not one of the flashy performers in the crypto market, with the coins’ 18% uptick in the past month small compared to peers in the top 100 cryptocurrencies […]
Fenwick & West accused of enabling FTX’s $8B customer fund theft. The law firm is accused of designing fraud-friendly corporate structures. Fenwick & West denies wrongdoing, says actions were within legal scope. The legal fallout from the spectacular collapse of cryptocurrency exchange FTX has now zeroed in on the Fenwick & West law firm. Plaintiffs in a massive class action are accusing Silicon Valley-based law firm of being far more than a bystander in the $8 billion fraud that brought […]
Ripple CTO posts Monty Python GIF after settlement. XRP case centred on security classification. Traders adopt the “buy the rumour, sell the news” approach. Ripple’s legal battle with the US Securities and Exchange Commission (SEC) concluded last week, ending years of uncertainty over whether XRP should be classified as a security. The outcome was expected to boost investor confidence, but XRP has instead fallen 4% today, underperforming most other major altcoins. The unexpected drop has prompted questions about market behaviour […]
Bitcoin’s push toward new records was stopped by profit-taking, causing a price retreat from a high of $122,200 back to $118,500. A technical gap in the CME futures market between $117,430 and $119,000 has created a potential target for a short-term price pullback. Upcoming US inflation data, particularly the CPI, is considered the week’s most significant catalyst for potential market volatility. A promising overnight surge that propelled Bitcoin within sight of new records was cut short by a wave of […]
Chainlink price traded around $21.47 on Aug. 11, 2% down from highs of $22.55 in 24 hours. Ethereum led top altcoins like Bitcoin Cash and BNB higher as it crossed above $4,300. Chainlink’s partnership with Intercontinental Exchange could be a key catalyst. Chainlink (LINK) price has retreated 2% in the past 24 hours to trade around $21.47, slightly off its multi-week highs of $22.55. This bucks the uptick for Bitcoin and top altcoins such as Ethereum, Bitcoin Cash and BNB. […]
Coinbase Ventures is officially a Toncoin holder, representing a key endorsement of TON’s mission. The Open Network aims to bring crypto to billions of users through Telegram. Toncoin price flashed bullish sentiments following the revelations. Most altcoins displayed weakness late on Monday as Bitcoin’s rising dominance dents the altseason narrative. While BTC sets the market tone, the Ton Foundation announced a significant win for its global vision of making cryptocurrencies accessible to the masses. The Foundation took it to X […]
A developer wallet has sold TST worth $30,400 in four transactions. The participant has fully exited his TST position, sparking concerns among the community. Data shows the alt’s open interest plunged 6.15%, highlighting emerging bearish sentiments. Digital tokens performed well on Monday as the cryptocurrency market capitalization reclaimed $4 trillion, with Bitcoin surpassing $122,000. While Ethereum’s jump past $4,300 renewed the altseason narrative, Test’s (TST) momentum weakened as transactions involving its creator dented sentiments. Gmgn data shows the investor dumped […]
Key takeaways DOGE rallied by 16% last week to hit the $0.23 mark. The leading memecoin could rally to the $0.30 psychological mark if market momentum remains bullish. DOGE breaks above $0.20, targets new highs DOGE, the native coin of the Dogecoin ecosystem and the leading memecoin, performed excellently over the last seven days. The coin added 16% to its value during that period, surpassing the $0.20 mark in the process. At press time, DOGE is trading at $0.2344 and […]