Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
In a recent statement, the US Securities and Exchange Commission (SEC) provided insights into the classification of memecoins within the context of federal securities laws. This move, a part of the SEC’s attempt to make clear how these regulations apply to different assets, could prove to be a significant victory for these altcoins and the…
Coinbase CEO’s Hot Take: Bitcoin Is Basically A ‘Meme Coin’
Brian Armstrong, the CEO of Coinbase, has recently made an audacious statement regarding Bitcoin that has caused quite a stir in the crypto industry. He recently proposed that Bitcoin could be regarded as “somewhat of a meme coin,” which sparked a debate among enthusiasts, analysts, and investors. The Power Of Collective Belief Like meme currencies,…
Dogecoin To $1.35? Analyst Predicts Milestone ‘Within 70 Days’
Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers. The popular meme crypto will rise by about 400% and…
Stablecoins Hit $200 Billion—Does This Signal A Massive Crypto Rally?
For the past few months, stablecoins have yielded the spotlight to their more speculative counterparts, including tokens inspired by politicians. However, recent on-chain data suggests that stablecoins are back and have surpassed the $200 billion market cap. According to the data shared by Alphractal, the segment’s capitalization has surged to $211 billion, a record high,…
300 Million XRP On The Move: Ripple Labs Sparks Speculation
The cryptocurrency community has taken notice of Ripple Labs as a result of a recent transfer of 300 million XRP, which is estimated to be worth more than $680 million. Because of the magnitude of the acquisition, there have been a lot of questions and speculations floating around about what the company’s next moves are…
Whale Movements Push Shiba Inu Burn Rate To Stunning 4,100% Rise
Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation. The cryptocurrency is once again capturing attention in the digital asset space as…
DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches. DeFi Platforms Show Better Security Mechanisms In its annual “Web3 Security Report,” Hacken outlined the general trends in…
Dogecoin & Other Memecoins No Longer Grabbing Social Media Attention: Santiment
The analytics firm Santiment has revealed how social media traders have moved their attention to Bitcoin from Dogecoin and other memecoins recently. Dogecoin & Other Top Memecoins Have Seen A Decline In Social Dominance In a new post on X, Santiment has talked about how cryptocurrency market sentiment on social media has changed amid the…
Dogecoin Dives: $29 Million Disappears During Market Collapse —Data
The market for Dogecoin (DOGE) is contracting: the memecoin shed more than 25% of its value during the last three days. The broader market is still bearing the brunt of Bitcoin’s crash, worrying both investors and speculators. Market Overview: A Sudden Change The recent drop in the value of crypto assets has caused around $787…
Is Pepe Coin’s Next ATH Around The Corner? Whales Bet Big After Major Listings
Pepe is in the meme coin spotlight again. Binance.US and Coinbase, two of the major cryptocurrency exchanges, have added Pepe Coin to their trading platforms. Whales have been consuming enormous amounts of the token, generating ripples. Could this momentum take the meme coin to a new all-time high? Let’s investigate. Exchange Listings Generate Excitement Binance.US…