Pepe (PEPE), an Ethereum-based memecoin, is up more than 31% in the past week as memecoins recover overall.Currently trading at $0.00001076, PEPE has reached its highest price since August 3 and is up 68% from the local low on September 6.PEPE/USD daily chart. source: TradingViewWith the surge in PEPE prices, trading activity has also picked up. Spot trading volume for PEPE exceeded $1.3 billion on September 27, up 35% in the last 24 hours and 316% over the past 7 days. Its market capitalization also regained $4 million, solidifying its position as the third-largest memecoin in the world.It is also…
Author: Crypto Flexs
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Meme coin enthusiast Arthur Hayes actively buys PEPE & MOG. PEPE token breaks 5-month resistance as Bitcoin rises above $66,000. The meme currency division is growing 22.5% daily, reaching a market capitalization of $57.8 billion. BitMEX founder Arthur Hayes has been putting his money where his mouth is after announcing a shift in focus towards meme currencies. The binge shopping session started almost midnight. The BitMEX co-founder tagged popular cryptocurrency trader Ansem with an invitation. “I just botted $MOG and it sucked. Come and join me.”The cat-themed Mogcoin (MOG) is listed on several major exchanges, including Bybit and KuCoin. Total…
Roman Storm is scheduled to go to trial on December 2 on charges of money laundering through Tornado Cash. The judge rejected Storm’s defense that his code was protected under the First Amendment. But prosecutors must prove that Storm knew he was handling the proceeds of a specific crime. Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, is scheduled to go on trial in New York on December 2, 2024, after a US federal judge denied his motion to dismiss money laundering charges. Judge Katherine Polk Failla of the Southern District of New York denied the dismissal during a…
Binance’s former leader and co-founder Changpeng Zhao was reportedly released on Friday, two days earlier than scheduled. bloomberg. Zhao, also known by his initials CZ, sentenced He was sentenced to four months in prison in April this year after pleading guilty last year to failing to maintain an “effective anti-money laundering programme”. Zhao was fined $50 million, and Binance agreed to pay $4.3 billion, one of the largest corporate settlements in history.A Federal Bureau of Prisons spokeswoman declined to provide specific information about Zhao’s release.“For privacy, safety and security reasons, we do not discuss conditions of confinement, reasons for transfer…
The native token of synthetic dollar protocol developer Ethena (ENA) surged more than 45% this week as the project launched several new products. Ethena aims to provide a cryptocurrency-based solution that does not rely on traditional banking system infrastructure through a synthetic dollar called USDe. The protocol also provides dollar-denominated savings vehicles called “Internet Bonds.” ENA is trading at 0.361 at the time of this writing, up from about $0.248 a week ago. The 115th largest cryptocurrency asset by market capitalization also rose more than 14% in the past 24 hours. On Tuesday, Ethena announced the launch of its partnership…
Tony Kim September 27, 2024 17:31 Explore leading AI sound generators, their features and applications, and learn how they are transforming the audio production landscape. Artificial intelligence (AI) is making great strides in the audio production industry by introducing advanced sound creation tools. According to ElevenLabs, AI sound generators are becoming indispensable for creating high-quality audio content, including voiceovers, music, and sound effects for a variety of projects. Leading AI sound generator Currently, several AI sound generators are leading the market, each offering unique features and performance. ElevenLabs: Known for its multilingual text-to-speech (TTS)…
BNB Chain’s native token, BNB (BNB), soared to $614 on September 27, marking a 25.7% gain in three weeks. BNB closed above this level for the first time since June 2024, sparking speculation that the bullish momentum could expand further. However, some market participants said the rally was driven by the release of Binance founder Changpeng “CZ” Zhao from US custody after being detained for four months.BNB/USD (blue) vs. altcoin market cap (green). Source: TradingViewSince BNB’s performance closely mirrors the broader altcoin market over the past three weeks, there is little support for the theory that CZ’s launch is driving…
reporter Posted on: September 28, 2024 Conflux has had a bullish daily structure since Monday. If volume increases, a breakout could reach the May resistance level. Conflux (CFX) has been trading in a range since late June. After threatening to break out of range in July and early August, the bulls fought hard and recovered with a 33% gain in four days. Breaking the three-month resistance level of $0.176 means that a move above $0.2 is imminent. The sideways trend was shaken and the bulls targeted a 40% rise. Range Breakthrough Target Source: CFX/USDT on TradingView A consolidation phase, typically…
Maximize Bitcoin Returns with ETF DataSince the introduction of the Bitcoin exchange-traded fund (ETF) in early 2024, Bitcoin has experienced multiple months of double-digit gains, reaching all-time highs. However, as impressive as these achievements are, there are ways to far exceed Bitcoin’s returns by leveraging ETF data to make trading decisions.Bitcoin ETF and its impactLaunched in January 2024, the Bitcoin ETF quickly accumulated a large amount of Bitcoin. Tracked by a variety of funds, these ETFs allow institutional and retail investors to gain exposure to Bitcoin without owning it directly. These ETFs have accumulated billions of dollars worth of BTC,…
Initia, a blockchain project that announced a $14 million Series A funding round on Wednesday, raised $2.5 million in less than two hours on Thursday through Echo, an angel investor platform founded by well-known cryptocurrency trader Jordan Fish, also known as Cobie. Additional dollars were raised. Two sources with direct knowledge of the matter spoke to The Block.Eco’s fundraising was conducted through a token purchase agreement, unlike Initia’s Series A, which consisted of a simple contract for future assets (SAFE) along with token warrants, the sources said. Notably, Initia’s Echo round was conducted at a $250 million valuation, 28.57% lower…