In the world of cryptocurrency, the patterns of market behavior are notoriously unpredictable, yet analysts strive to discern possible trends based on historical data. A recent insight from CryptoQuant’s analyst, Oinonen, suggests that Bitcoin (BTC) may undergo the so-called “sell in May” effect this summer. This term, which originates from traditional finance, highlights a seasonal
Crypto
The rise and fall of the LIBRA token has been nothing short of sensational in the world of cryptocurrency, specifically evoking a strong reaction from Alon Cohen, the co-founder of the meme coin creation platform Pump.fun. With the backing of Argentine President Javier Milei, the token initially surged to remarkable heights but soon plummeted, unveiling
The emergence of decentralized finance (DeFi) has redefined the way financial systems operate, with protocols like Hyperliquid paving the way for innovations in this space. Recently, Hyper Foundation announced the launch of HyperEVM, a pivotal step that integrates general-purpose programmability into its DeFi framework. This release signifies a commitment to enhancing user experience and broadening
The past day has not been kind to cryptocurrency enthusiasts, as a wave of downward pressure has swept across the market. Bitcoin (BTC), the leading digital asset, saw a notable drop, settling around $96,000. This decline mirrors the performances of many major altcoins such as Ripple (XRP), Solana (SOL), and Dogecoin (DOGE), all of which
In recent months, the Tron-based platform known for meme coin trading, SunPump, has witnessed a notable increase in transaction volumes per token. This uptick signifies more than just a short-lived trend; it hints at a broader resurgence in the popularity of meme coins across the Tron network. The increasing interest has not gone unnoticed, garnering
On a seemingly ordinary Tuesday, Malaysia faced a startling incident that would cast a spotlight on the underbelly of unauthorized cryptocurrency operations within its borders. An explosion at a house in Bandar Puncak Alam unveiled a clandestine bitcoin mining venture that epitomizes a growing concern for Malaysian authorities grappling with the implications of illegal mining
Bitcoin has experienced a phase of price consolidation, hovering within a narrow trading range. After its significant drop from the psychologically pivotal $100,000 mark, the digital asset has shown indecisiveness. The lack of movement raises critical questions about market sentiment: are traders accumulating Bitcoin in anticipation of a future surge, or are they distributing holdings
Over the past year, the world of Non-Fungible Tokens (NFTs) has witnessed some eye-popping financial movements, particularly surrounding the Pudgy Penguins NFT collection. Through a series of strategic airdrops, holders of these digital collectibles have seen significant profits, buoyed by a growing ecosystem and expanding community. This article delves into the factors contributing to the
Dogecoin (DOGE), the most significant meme-based cryptocurrency by market capitalization, has experienced a rollercoaster ride in recent weeks. Following a promising start to the year where prices climbed over $0.40, the crypto asset has since seen a downturn, currently trading around $0.27. This represents a notable decline of approximately 30% over the past month, a
In the ever-evolving landscape of cryptocurrency, Bitcoin (BTC) has maintained a surprisingly stable position over the last 24 hours. Trading figures indicate that BTC remains close to the same price point as observed the previous day, suggesting a period of minimal volatility. This stability is not unique to Bitcoin; several major altcoins, including Ethereum (ETH),