The meme coin “Jeo Boden” has taken the cryptocurrency world by storm, thanks to former US President Donald Trump’s lukewarm comments. The quirky cryptocurrency, playfully misspelled after President Joe Biden, has experienced a huge surge since Trump mentioned it at an NFT event in Florida. Boden’s stock price soared 20% after Trump’s off-hand remarks, making what was once a pastime now a serious investment. Related Reading Trump Rally or Temporary Madness? Analysts are mixed The cryptocurrency community is divided over the impact of Trump’s comments on Borden. Some analysts, such as Samantha Wilkins, believe that comments from prominent figures such…
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Posted 1 minute ago In ~ Cumulative spot trading volume on centralized cryptocurrency exchanges fell in April, marking the first monthly decline in seven months, according to The Block Data Dashboard.Spot trading volume on centralized cryptocurrency exchanges more than doubled in March, reaching nearly $2.5 trillion, before falling to $1.6 trillion in April, according to The Block Data Dashboard. The last monthly decline occurred in September 2023. This is consistent with trends discovered by analytics firms such as CCData, which observed a decline in spot volumes for the first time in seven months. The decline in spot trading volume on…
Match System CEO Andrei Kutin Announces Full Recovery of $68 Million in Cryptocurrency Assets Stolen from Cryptex – Chainwire housenewsroomAndrei Kutin, CEO of Match System, announced the full recovery of $68 million in stolen cryptocurrency assets from Cryptex. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportIllustration by Mitchell Preffer for Decrypt.Most cryptocurrencies fell this week. bitcoin price And other major coins and tokens struggled to gain ground for another gloomy week. According to CoinGecko, Bitcoin is currently trading at $61,275. That’s a decline of more than 3% in seven days.For a market known for its roller-coaster volatility, things are… well, boring. This is the verdict of analyst and founder of Capriole Investments, Charles Edwards. said…
Gavin Wood Unveils Polkadot’s New Vision At the recent Token 2049 event in Dubai, Polkadot founder Gavin Wood unveiled a bold new vision for the blockchain platform. The announcement, made during a JAM session, outlined the future direction of Polkadot technology and promised to revolutionize the Web3 environment. The New Era of Polkadot with JAM Sessions Wood’s new vision, communicated through the JAM session, heralds a new era for Polkadot, known as the first innovative platform on the market. The updated technology aims to deliver speed, scalability, and complete functionality. Dispersion It is needed to…
A descending triangle is a bearish chart pattern used in technical analysis. It is generally recognized as a continuation pattern in a downtrend, but can also act as a reversal signal in an uptrend. This pattern is identified by a flat lower support line and a downward sloping upper resistance line, with the two lines converging to form a right triangle. Here is a detailed overview of the descending triangle pattern:formationlevel of support: The bottom of the triangle is formed by horizontal support lines, which are created by connecting at least two similar low points. This line represents the price…
Wells Fargo, one of the largest banks in the United States, disclosed its exposure to a spot Bitcoin exchange-traded fund (ETF) in a recent filing with the Securities and Exchange Commission (SEC). JUST IN: 🇺🇸 Wells Fargo Bank says it has established itself. #Bitcoin ETF Exposure in New SEC Filing 🙌 pic.twitter.com/H1iY9puKVb— Bitcoin Magazine (@BitcoinMagazine) May 10, 2024 Wells Fargo has made noteworthy entries into the Bitcoin market, holding shares of Grayscale’s spot Bitcoin ETF, the ProShares Bitcoin Strategy futures ETF, and Bitcoin Depot Inc., according to the filing. Spot Bitcoin ETFs allow investors to gain exposure to Bitcoin’s price…
Over the course of the year, Bitcoin (BTC)’s volatility has fallen below that of top technology stocks, including Tesla, Meta, and Nvidia, indicating it is growing into a more mature and stable asset class.Bitcoin is more stable than many S&P 500 stocks.As of May 11, Bitcoin’s one-year realized volatility, which measures the standard deviation of returns relative to the market average return, was approximately 44.88%. In comparison, the annual realized volatility of ‘Magnificent 7’ stocks such as Tesla, Meta, and NVIDIA was over 50%.Bitcoin’s One-Year Volatility and 7 Huge Stocks. Source: BloombergMoreover, Bitcoin has shown relatively low volatility compared to…
Singapore, Singapore, May 7, 2024, Chainwire As the digital age of gaming arrives, the visionaries at DECIMATED are ecstatic to unveil their groundbreaking foray into the bleak yet fascinating future of online gaming. DECIMATED, a new third-person PvP and PvE online gaming experience, takes players on an unprecedented journey through a vast dystopian landscape. Giving players the freedom to explore this post-apocalyptic playground, DECIMATED lets players take on the role of human citizens struggling to survive or cyborg police officers enforcing order in a world where nature and technology collide in chaos. It opens up an area to create. A…
billThe bill, which was also approved by the House Agriculture Committee, is “the culmination of years of bipartisan effort to finally provide clarity,” said the North Carolina lawmaker, who is retiring from Congress at the end of the year and has made the cryptocurrency bill one of the first major cryptocurrency bills in the world. His priorities on the way out.