Posted 1 minute ago In ~ Dog We Fat WIF +30.28% It has since outperformed its memecoin peers. Listed on Robinhood Europe. The Solana-based dog-themed token is up nearly 30% in the past 24 hours, according to price data from The Block.For comparison, memecoin Pepe is up 17.7%, Bonk is up 5.4%, and Dogecoin is down nearly 3% over the same period.According to CoinGecko, the overall memecoin market cap increased by 8.3%, while the overall global cryptocurrency market cap increased by 0.1%, remaining relatively stagnant.The latest price action usually comes after an outstanding week for memecoin. Dogwifhat is up 237%…
Author: Crypto Flexs
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On-chain data shows that Bitcoin whales have just participated in a large-scale distribution, but the price of the asset has held steady so far. Bitcoin whales are selling, but sharks are expanding their holdings. According to data from on-chain analytics firm st tly, large BTC wallets are currently showing an interesting pattern. The indicator of relevance here is “supply distribution,” which tracks the total amount of Bitcoin currently held by various groups of wallets. Addresses are divided into these groups based on the number of tokens they hold. For example, the 1-10 coin group includes all wallets holding 1-10 BTC.…
What will cause extreme greed among Bitcoin investors in 2024? Discover the drivers behind market sentiment and forecasts. Since the start of 2024, Bitcoin (BTC) has seen an incredible surge, gaining a level of market dominance and investor interest not seen in years. On February 29, BTC hit a new record of $63,544, its highest since November 2021. As of March 1, BTC was trading at around $62,000, maintaining bullish sentiment in the market and pushing Bitcoin’s market dominance to around 53%. . BTC 1 month price chart | Source: CoinMarketCap The total market capitalization of cryptocurrency also increased to…
Bappebti did not specify how the Treasury wants to reform taxes, but it is likely it will seek to eliminate VAT to align with how stocks are treated. The industry expects that cryptocurrencies will be able to be treated as securities in Indonesia if supervisory authority moves to OJK, which oversees all financial services in Indonesia, including banking, capital markets, insurance, and pensions.
The Nigerian government has demanded $10 billion from Binance, claiming the cryptocurrency exchange’s activities have had a negative impact on the naira and the country’s economy. According to the BBC, the Nigerian government is demanding a whopping $10 billion in damages from Binance, the world’s largest cryptocurrency exchange platform, over accusations that its activities have significantly destabilized the country’s economy. The claims center around claims that Binance played a major role in manipulating exchange rates and contributed to the nearly 70% decline in the value of the naira in recent months. President Bola Tinubu’s spokesperson, Bayo Onanuga, emphasized that Binance’s…
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BONK is up more than 50% in the past few days. SOL has also risen above $130 over the past few days. Before the recent price surge, BONK was accumulating, putting the wallet in a profitable position. As the price of MEMCOIN rose, the tokens of its host network, Solana, also showed a continuous upward trend. Interestingly, Bonk has a market capitalization of $1.3 billion at press time, making it the third-largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB). Accumulated wallet over 300 billion BONK Source of data Look on chain A single wallet was found to have accumulated…
On-chain detective ZachXBT foiled a cryptocurrency phishing scheme to steal $4.3 million in artificial fluid intelligence (ALI) tokens. This event highlights the important role of vigilant cybersecurity efforts within the cryptocurrency community. Hackers using the infamous Inferno Drainer compromised a wallet containing 113,102,183 ALI tokens. The rapid action taken thereafter is a testament to the power of community governance and expert intervention in the cryptocurrency ecosystem. Upon learning of the breach, ZachXBT immediately notified its core team, with surprised community members. Accordingly, an emergency governance vote was called. The community decided to burn the compromised tokens, effectively neutralizing the threat…
Open Interest for bItcoin fThe future value of centralized exchanges has reached an all-time high, according to Coinglass data. The surge in open interest surpassed levels reached in November 2021, when Bitcoin surpassed its all-time high of $68,000. It also highlights the increase in trading activity for the largest cryptocurrencies. Total open interest in Bitcoin futures surpassed $26 billion on Friday, which is higher than in the fourth quarter of 2021, when open interest peaked at $24 billion, according to CoinGlass. Open interest in Bitcoin futures has been increasing since early 2024, and the digital asset’s price rise has recently…
XRP While this week has seen a rally that has pushed it closer to 2024 highs, cryptocurrency analysts have cited several trends that could push the token much higher in the coming months. XRP heading towards a positive upward trajectory Crypto Egrag, a famous cryptocurrency expert and trader, shared We caught up with the social media platform X (formerly Twitter) Community for his latest insights on XRP’s price action. His analysis was made in light of the general corrections seen in . cryptocurrency market a few days ago. Egrag’s latest forecast examines the potential for XRP to hit new all-time…