While the broader crypto market is experiencing bearish trends, several cryptocurrencies are experiencing reduced attention. Meme coins are among such assets. On-chain data from the blockchain analytics platform Dune reveals that meme tokens created using the Solana-based meme coins generator Pump.fun have declined to lows from September 2024. As of this writing, the total tokens…
lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000. At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at…
Binance is seeing a rising dominance of USDC as regulatory changes reshape the stablecoin market. A year ago, USDC accounted for just 0.48% of Binance’s stablecoin distribution, dwarfed by USDT’s 68.67% share and FDUSD’s 30.84%. However, over the past 12 months, USDC’s presence has surged to 8.26%. This marked a whopping 1,621% increase, according to…
The following is a guest post from Uldis Tēraudkalns, Chief Revenue Officer at Paybis. The stablecoin market supports the general trend: today, its total market cap surpassed $225 billion. Data from DefilLama shows a jump from under $140 billion at the end of 2023, while another jump of over $25 billion followed Donald Trump’s President-elect…
Australian authorities have charged Brendan Gunn, the brother of breakdancer Raygun, for his purported role in a crypto-related fraud scheme. The Australian Securities and Investments Commission (ASIC) announced that Gunn is facing one count of dealing with money suspected to be the proceeds of crime. The Alleged Illegal Operations According to a March 5 statement,…
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Behrouz Parsarad for running Nemesis, a darknet marketplace that sold illegal drugs. As part of these actions, OFAC has also blacklisted 49 crypto addresses, including 44 for Bitcoin and 5 for Monero, connected to the operation. Founder Accused of…
Recent developments suggest a thaw in US enforcement actions against Chinese-manufactured cryptocurrency mining equipment. After months of detainment at ports, thousands of units are now being released. Partial Release of Seized Equipment According to a Reuters report, US authorities have recently begun releasing previously seized Chinese-manufactured cryptocurrency mining equipment. Taras Kulyk, CEO of Synteq Digital,…
Bitcoin (BTC) bears looked to penetrate key support Sunday, extending a three-day losing streak as macroeconomic concerns overshadowed President Donald Trump’s recent-crypto-related announcements. The leading cryptocurrency by market value slipped over 3% to $83,200, testing the 200-day simple moving average (SMA), according to CoinDesk and TradingView data. Prices have dropped over 10% since putting highs…
TL;DR Analyst Ali Martinez suggests that Dogecoin (DOGE) could experience significant gains if it stays above the $0.17 support zone. The potential launch of a spot Dogecoin ETF, with applications acknowledged by the SEC from major firms like Grayscale and Bitwise, could boost investor access and demand, positively impacting the price in the long term.…
TL;DR Jeremie Davinci sees SHIB soaring if Shibarium’s adoption and utility issues are addressed. The price may also benefit from Shiba Inu’s token burning mechanism, which aims to reduce the circulating supply, alongside a potential bull run in the broader cryptocurrency market. SHIB Can Explode if This Problem Gets Solved Despite underperforming in the past…