Tokens inspired by SpaceX, despite not being officially affiliated with the company, have surged dramatically following the successful test launch of SpaceX’s Starship on October 14. The PancakeSwap token SPACEX skyrocketed by an astonishing 5824% in just 24 hours, reaching a market cap of approximately $80,800 and trading at $0.012192 at the time of writing. […]
Despite Bitcoin’s price correction occurring 287 days after its latest halving event, on-chain metrics indicate that the fundamentals remain robust. Analyst TheLordofEntry has highlighted several key indicators that demonstrate a sustained demand and strong behavior among holders. This resilience persists even amid recent short-term volatility in the market. Bitcoin reserves on exchanges hit an ALL-TIME […]
The global crypto market made a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market’s overall valuation. While Bitcoin (BTC) led the rally, several altcoins also contributed to the market’s recovery. Here are some of the standout performers from last […]
Aptos, a layer 1 blockchain platform, has experienced a significant rally in its native token, Aptos (APT), drawing considerable attention from short-term traders. In the past 24 hours, the token surged by 20%, bringing its trading price to $10.24. With this rally, Aptos’ market capitalization has surpassed $5 billion, supported by a robust daily trading […]
This week has seen a significant uptick in crypto venture capital (VC) funding, with notable increases in both the number and volume of funds raised compared to the previous week. Here’s a summary of the top firms leading the fundraising efforts: Top Crypto VC Fundraising for the Week Ithaca: Raised $20 million Focus: Expanding decentralized […]
China’s recent fiscal stimulus announcement did not meet expectations, dampening hopes for a significant influx of capital into Chinese equities. As a result, analysts are predicting a negative reaction in the Chinese stock market in the coming week, which could further discourage macro investors from shifting capital from cryptocurrencies to China-linked assets. In contrast, Bitcoin […]
Craig Wright, the contentious figure who claims to be Bitcoin’s creator, has sharply criticized Michael Saylor, co-founder of MicroStrategy, following Saylor’s announcement to transform the company into a merchant bank focused on Bitcoin. In a post on X on October 12, Wright condemned Saylor’s plans, asserting that Bitcoin has been “distorted, manipulated, and centralized,” rendering […]
The NFT market has experienced a notable decline, with sales volume falling by 4.16% over the past week, now totaling $77.6 million. This marks a decrease compared to the previous week’s figures. Here’s a closer look at the latest data from Cryptoslam: Sales Volume: The current NFT sales volume stands at $77.6 million, down from […]
MrBeast, the popular YouTube entertainer with over 320 million followers, is facing scrutiny following an investigation suggesting he may have profited significantly from low-cap cryptocurrencies. According to the anonymous investigator SomaXBT, MrBeast—whose real name is Jimmy Donaldson—has reportedly earned over $10 million by backing Initial DEX Offerings (IDOs) for projects like Polychain Monsters (PMON) and […]
Arkham Intelligence, a blockchain data firm backed by notable investors including OpenAI founder Sam Altman, is set to launch a cryptocurrency derivatives exchange next month. The startup, which specializes in blockchain analytics, is relocating its operations from London and New York to Punta Cana in the Dominican Republic. While it aims to cater to retail […]