Memecoins running on the Bitcoin blockchain could be at risk as Bitcoin blockchain coders/validators want to remove them. This follows a massive surge in the Bitcoin blockchain gas prices in May last month amid strong network activity driven by Bitcoin-based memecoins like PEPE.
Soon as the news broke out, PEPE price has come crashing down by more than 6% in the last 24 hours. As of press ...
Bitcoin (BTC) has seen its price cooled off in recent times as the combined crypto market enters a defined consolidation phase as it enters the new week. At the time of writing, Bitcoin is priced at $27,199.63 after inking a marginal loss of 0.42% at the time of this writing. With current performance and outlook, the premier digital currency has sustained an equally bearish outlook for the...
The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first such occasion since January 2020.In addition to the above, the expectation of the Federal Reserve remaining in a pause mode during the next meeting may have acted...
Bitcoin developers are strategizing to filter out the trading of meme coins on the Bitcoin network.
Developers point out that the system is being abused.
Serving as a layer for meme coins was also not the purpose of Bitcoin according to the developers.
Bitcoin developers are strategizing to filter out the trading of meme coins on the Bitcoin network. According to the latest report from Bloomberg, they are also deliberating ove...
Leonidas.io tweeted that the CEXs and mining pools control the rare sat market.
The tweet was a response to Ord.io’s revelation that a cold storage wallet controlled by the Binance CEO holds 1.28% of all BTCs.
The wallet holds 3 rare sats, 12,394 uncommon sats, and 24,859,738,621,373 common sats.
A renowned Ordinals member Leonidas.og shared a Twitter post today asserting that centralized exchanges (CEX) and mining pools contr...
Crypto Market News: The rise of AI Tokens, the artificial intelligence based crypto tokens, is often seen as a direct correlation to the recent adoption of AI tools like ChatGPT in the mainstream. However, crypto market projects have historically gained investor trust based on the token’s individual success and adoption over time. Among the top AI tokens that stood out in recent times were...
Crypto Market News: After recently claiming that crypto payments were involved in the Chinese fentanyl trade, US Senator Elizabeth Warren on Saturday hinted at the possibility of introducing a bill that prevents such loopholes in the crypto industry. Earlier, CoinGape reported that Warren shared research data that backs claims that Chinese businesses are fueling the Fentanyl epidemic and g...
BTC’s price dropped 0.31% over the past 24 hours according to CoinMarketCap.
The market leader’s price had rebounded off of the $26,882 support in the last day.
A 4-hour close above the 9 and 20 EMA lines on the 4-hour chart will see BTC flip $27,423 into support.
The crypto market leader Bitcoin (BTC) saw its price drop over the past 24 hours according to CoinMarketCap. After decreasing 0.31% over the past 24 hours, the crypto was ...
Positive sentiments started to appear in the global stock and crypto markets after the US House and Senate passed the Biden-McCarthy Debt Ceiling Deal and the U.S. Federal Reserve looking to “skip” interest rate hike in June.
The stock markets closed Friday on a positive note, with Dow Jones 2.1% higher, the S&P 500 added 1.4%, and the Nasdaq gained almost 1%, topping the April 2022 hi...
The United States equities markets rallied sharply on June 2 even though nonfarm payrolls in May rose by 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market was possibly encouraged by the slower growth rate of hourly earnings, which was slightly below estimates, and an uptick in the unemployment rate.The rally in the equities markets failed to act as a tailwind to the cryptocurren...
