The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023.

The post Solana ETF Might 10x the Price of SOL, Smart Money Double Down on Altcoin Season appeared first on Coinpedia Fintech News The recent filing by VanEck, a prominent New York-based investment management firm, for a Solana exchange-traded fund (ETF) has sparked a surge in Solana’s price. As investors seek to diversify their portfolios, they are turning their attention to altcoins that have the potential to achieve success akin to Solana. One such altcoin that has shown …

We discuss cryptocurrency developments for the next 7 days. Key events include macroeconomic updates and specific altcoin announcements. Continue Reading: We Analyze Upcoming Developments in Cryptocurrencies

This week in the cryptocurrency world has seen significant movements in major coins like Bitcoin, Pepe Coin, and Ripple’s XRP. Factors such as massive token dumps and market speculation have influenced the price dynamics in the crypto market. Noteworthy details include institutional investors shifting focus and prominent whale movements affecting market sentiments. Stay informed with

The post Whale Transactions Spike For Bitcoin, Ethereum And Dogecoin, Will The Rally Continue? appeared first on Coinpedia Fintech News Recently, there was a spike in whale transactions in the crypto industry, increasing the crypto market capitalization, and top assets like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) began to record steady gains. Further, the spike in whale transactions also affected an ETF token ETFswap (ETFS) as whales rushed in to buy it in its …

Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin. The poll concluded with Bitcoin receiving a majority of the more than 64,000 votes. Dell’s Poll on AI, Bitcoin, or Love and Relationships — Elon Musk

The post Bitcoin July Prediction: Bull Run Isn’t Over, Price To Double Soon appeared first on Coinpedia Fintech News The cryptocurrency market, especially Bitcoin, has everyone on edge due to June’s volatility and unexpected price swings. The key question is, what comes next? Where will we be heading into July? Historically, is July a bullish or bearish month? Moreover, when and where can we expect this bull run to conclude? Timing is always more …

Wikileaks Founder Julian Assange Released From Prison, What Crypto's Are On His Purchase List Ahead Of The 2024 Bullrun The post Wikileaks Founder Julian Assange Released From Prison, What Crypto’s Are On His Purchase List Ahead Of The 2024 Bullrun appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Another week draws to a close within the crypto landscape, keeping crypto market traders and investors on their toes. Bitcoin’s (BTC) price slipped from the $64K price level to as low as $59K this week, raising investor concerns. This tumbled movement comes against the backdrop of massive dumps to exchanges. Meanwhile, Pepe Coin (PEPE) and The post Here’s What Happened In Crypto This Week appeared first on CoinGape .

Bitcoin’s price action remains volatile after the first 2024 Presidential Debate, with its value currently hovering around $60,889. Despite early enthusiasm, Peter Thiel’s stance on Bitcoin has turned increasingly skeptical over the years. Contrary to Thiel’s perspective, Michael Saylor continues to champion Bitcoin as a revolutionary economic asset. Bitcoin’s ongoing price fluctuations continue to spark

Summary Marathon Digital stock peaked at $76 per share in November 2021, currently trading at around $19 with a 175% dilution in shares outstanding. The current price could be an attractive entry. Efficiency in Bitcoin mining operations is crucial post-halving, with Marathon Digital showing the least reduction in monthly BTC production among publicly traded miners, this adds to the stock's attractiveness. Marathon Digital introduces a two-phase immersion cooling system, potentially revolutionizing cooling solutions in data centers and Bitcoin mining operations. Marathon Digital (MARA), the well-known Bitcoin ( BTC-USD ) miner, reached a peak price during the last Bitcoin bull market, at around $76 per share in November 2021. The stock currently trades at around $19. Shares outstanding at the November 2021 high were 102.63 million shares, while shares outstanding today are 282.79 million shares. There has been a 175% dilution since November 2021. Reaching the previous all-time price at the current number of shares would mean a market cap of around $21.5 billion. This is around the combined market cap of all U.S.-listed Bitcoin miners. This is worth noting before moving into the rest of this article. The last Bitcoin bull run followed the third halving event in 2020, and many investors and analysts consider the halving event a strong catalyst for a Bitcoin price rally. The fourth Bitcoin halving event took place two months ago, and this sentiment of a price rally ahead is strongly shared among Bitcoin investors. A Bitcoin price rally typically extends to Bitcoin-linked stocks. During a Bitcoin bull market, Bitcoin companies that have shown efficiency in operations, good financial performance, or launched innovative products and services easily pick up on the Bitcoin-driven momentum. BTDR CLSK CORZ BITF MARA Jan. - Apr. average BTC mined ~292 ~687 ~907 ~303 ~915 May (post-halving) BTC production 184 417 448 156 616 Post-halving percentage -/+ -37% -39% -50% -48% -32% Following the recent halving event, miners have seen their monthly BTC production reduced (the halving event slashed block rewards in half). Marathon Digital’s post-halving efficiency is worth noting; the company was the least impacted by the halving in terms of monthly BTC production, following the operations updates released by miners in May. MARA’s production declined by ~32% compared to the average BTC produced between January and April - the lowest reduction in production among publicly traded Bitcoin miners. I've covered Marathon Digital two times in the past, the first coverage was in August last year and the second was in January. I was bearish on MARA in my August article due to the over 300% YTD non-catalyst-driven price surge the stock recorded at that time; however, in January , I saw the potential in the surge in transaction fees on the Bitcoin network as Bitcoin Ordinals were recording heightened activities, and I highlighted how Marathon Digital stood to gain from the heightened Ordinals activity (considering Marathon Digital runs its own mining pool), not also forgetting the momentum that was building around the spot Bitcoin ETF approval. Based on these factors, I gave MARA a rating upgrade to “hold” in January. After the halving event, Marathon has proven a high level of efficiency and continues to work towards all-round vertical integration. Marathon Digital’s approach to mining operations efficiency is somewhat unique. The miner uses proprietary technology across software, firmware, and hardware, thus controlling several critical business variables for favorable operations. The latest addition to Marathon’s proprietary tech stack is its next-gen immersion cooling solution. Most analyses of BTC miners focus mainly on hashrate growth and electricity capacity, covering metrics like mining rigs output and the miner’s energy capacity (Th/s and MW). The effects and importance of efficient cooling systems for effective mining operations often take a back seat. I, however, consider cooling as a dark horse in Bitcoin miners’ operational effectiveness. Marathon Digital Spearheads Two-phase Immersion Cooling in Bitcoin Mining Marathon Digital is a company that has always been big on optimization in both hardware and software, and this has set the company apart among Bitcoin miners. The company unveiled a two-phase immersion cooling (2PIC) system - the 2PIC700 tank at the Empower Conference in late March, in Houston - as an addition to its proprietary tech stack. There is a growing market demand for enhanced cooling solutions (like immersive cooling) driven by the increasing need for higher processing speeds and overclocking capabilities in high-performance computing (HPC) clusters used mainly for AI processing. Modor Intelligence Reports by market researchers suggest that the immersion cooling market in data centers will grow by ~26% CAGR between 2024 and 2029, reaching a $2.9 billion market size from the current ~$790 million market size. Note that this growth projection specifically focuses on immersion cooling adoption within HPC data centers. Edge data center market growth (Precedence Research) Other emerging tech sectors, like edge AI and IoT systems, could also very much see two-phase immersion cooling adoption at the edge; hence, the potential market size is much larger. The edge data center market size is projected to grow at around 18% CAGR, to reach a $60 billion market size by 2033, according to Precedence Research. Edge computing involves processing data in real-time near the data source; hence, the need for very fast processors in a constrained space. 2PIC gives the ability for computing power to be packed into a much smaller space while maintaining optimal chip temperature. The immersion cooling technique has been around for a while and has already witnessed some adoption in cloud data centers as well as in the Bitcoin mining sector. Alibaba ( BABA ) adopted immersion cooling for its data centers some years ago and has reportedly achieved better efficiency, recording a lower Power Usage Efficiency (PUE) at some of its data centers that have implemented immersion cooling. Currently, the well-known and widely-used immersion cooling technique is the single-phase immersion cooling (SPIC). In SPIC, computer components or ASIC miners (in the context of Bitcoin mining) are submerged into a single-phase hydrocarbon dielectric liquid coolant. The process is called single-phase because the liquid coolant doesn't change its state in the cooling process. The primary advantage of SPIC is its much higher power density compared to non-immersive cooling techniques. Cooling units efficiency and power density curve source (Open Compute Project) The graph above is from a presentation at the Open Compute Summit in 2018, comparing efficiency and power density among different cooling units. Here we see immersion cooling has the lowest PUE (best efficiency) and the highest power density (highest capacity). Single-phase and two-phase immersion cooling illustration (Marathon Digital) The latest iteration of immersion cooling is 2PIC. Just like SPIC, the 2PIC technique involves submerging computer components or ASIC miners (in the context of Bitcoin mining) into fluorinated dielectric fluid or coolant. The fluoride liquid cools the ASIC miners in a purpose-built tank. As heat is generated by the miners, the coolant absorbs latent energy, causing some of the fluoride liquid to transition into a gaseous state. Water-cooled coils acting as condensers at the top of the purpose-built tank condense the gaseous fluorinated fluid back into its liquid form, allowing it to return to the bottom of the tank for the cooling cycle to continue. This method, involving the change of state of the coolant, creates a more efficient cooling solution over SPIC. Fluorinated fluids in a gaseous state require less energy to cool back to liquid form compared to the cooling of hydrocarbon oils or coolants in the SPIC technique. In Bitcoin mining, improved cooling directly translates to higher realized hashrate as mining rigs will perform at their optimum if adequately cooled. Also, the adoption of immersion cooling in mining facilities significantly reduces overhead power consumption by minimizing the need for additional components that draw extra energy, such as large fans, external pumps, or heat exchangers, which are core components in air-cooled and hydro-cooled setups, giving the facility a better PUE and potentially translating into improved operational cost efficiency in the long-term. 2PIC700 overclocking calculation (Marathon Digital) The above image, showing data from the 2PIC700 calculator tool on Marathon Digital’s website, shows material changes in the output capacity of BITMAIN’s Antminer T21 when it is cooled through the MARA 2PIC700 tank. On the “2PIC Overclock 1” column, the miner is overclocked (explain overclocking) by 56%. This resulted in a ~54% hashrate increase from the original 190 TH/s output. Though the mining efficiency dropped by around 13% from 19 J/Th to 21.5 J/Th, the hashrate increased by around 54% to 293 Th/s. A higher overclocking at 85% results in mining efficiency dropping from 19.0 J/th to 23.5 J/th (a ~23% decrease in efficiency) while hashrate increases by an impressive 85% to 352 Th/s. This is a very favorable trade-off between mining efficiency and hashrate. I believe that in seeking alpha in tech stocks, understanding a relatively lesser-known technology, its potential applications, and its disruptive impact allows investors to stand out early and stay ahead of the pack. I believe that the unveiling of Marathon Digital's 2PIC tank has not yet been fully priced into MARA, as the market appears to underestimate its potential as a catalyst for both the stock and the company’s growth. While analysts at JPMorgan still maintain their underweight rating for MARA , I take a bullish view. As I mentioned earlier, cooling metrics are typically considered ancillary by investors and analysts in analyzing Bitcoin miners. Other Noteworthy Latest Highlights on Marathon Digital ...as the BRC-20 ecosystem continues to grow, it will potentially bring higher fees to miners. As stated earlier, transaction fees become a relatively important part of a miner's earnings when block rewards get cut in half during halving. MARA is well-positioned to make the most of transaction fees post-halving because it owns and operates a self-mining pool. MaraPool represented more than 22% or about 380 BTC of MARA’s total Bitcoin production in December. This bodes well for MARA. Excerpt from my last MARA coverage. Since the fourth halving event in April and the ensuing slashing of block rewards in half, transaction fees have become an important part of miners’ revenue, in addition to block rewards. Miners’ revenue from transaction fees has grown immensely since the advent of the capability to add raw binary data called inscriptions on the Bitcoin network. These inscription transactions (which include multimedia and software files) have large byte data so they typically command higher fees. Inscriptions are like “NFTs” on the Bitcoin network. MARA Pool 0.85 inscription fee (TheMinerMag - Bitcoin Mining News, Data, Research and Analysis) Marathon Digital came in prepared for the halving, rightly anticipating the surge in transaction fees that would follow the halving’s reduction in block rewards. Marathon launched Slipstream in February - a Bitcoin Layer-2 service that allows direct and seamless submission of arbitrary data on the Bitcoin network, allowing users to send such transactions directly to Marathon Digital’s mining pool. I believe this is one of the factors that made Marathon Digital emerge as the least impacted miner by monthly BTC production after the halving event. That's impressive management prudence and foresight right there, in my view. It is worth mentioning that Slipstream service has attracted some criticism from a faction of the Bitcoin community who cited the possibility of transaction censorship as this goes against the Bitcoin network’s core ethos of total decentralization. Last week, Marathon Digital received a 0.85 BTC fee through its mining pool, MARA Pool, to inscribe a video on a Bitcoin transaction. MARA Pool included only 3 transactions in the block where this inscription was recorded and the 0.85 BTC inscription fee was much higher than the average 0.22 BTC fee recorded by other pools despite their processing an average of 4,500 P2PKH transactions (regular transactions) per block. In the heat of a full-blown crypto bull market (likely imminent) where NFTs regain their lost hype, I expect more of these types of fees. Marathon controls its own mining pool MARA Pool, runs its own firmware ( MARAFW for optimized mining), is actively involved in the research and design of more efficient mining hardware (like the UCB 2100 replacement control board for BITMAIN Antminers), and is spearheading a next-gen cooling system. This level of involvement in every facet of its operation makes Marathon Digital an all-round vertically integrated Bitcoin miner. From a capacity and financial standpoint, Marathon Digital has recorded expansion and growth. In the Q1 CY24 financial reported a 184% increase in net income at $337 million or $1.26 per diluted share. The MARA management has shown some divergence from their previous strategy of leasing electricity to run mining operations. The company added 516 MW of electricity and now has a total of 1.1 GW capacity, of which it now controls 54% compared to just 3% of electricity control at the end of Q4 last year. This expansion makes the near-term target of 50 exahash by the end of this year much achievable. I believe that the timing of this capacity expansion would be accretive for the company. Risks There remains the possibility that 2PIC may not be adopted as the go-to data center cooling tech in the long run. New iterations of other existing cooling methods, like hydro-cooling, could emerge and prove equally efficient or cost-effective to set up. As reiterated by analysts covering Bitcoin-linked stocks on Seeking Alpha, these stocks exhibit high volatility because they are directly linked to a highly speculative and volatile asset. Investing in Bitcoin stocks comes with an inherent volatility risk. Takeaway Control your own destiny or someone else will. - Jack Welch I believe that Marathon Digital has the potential to achieve an unparalleled level of efficiency compared to peers with this level of all-round vertical integration. Bitcoin has become mainstream and Bitcoin mining is no longer the fledgling industry that it was once considered to be. Miners that control their own business variables through vertical integration have a high competitive advantage over peers at this stage of the market lifecycle. MARA is down about 27% since my last article in January with a “hold” rating. The current stock price is an attractive entry. The post-halving momentum and rally are building up for Bitcoin and this momentum will most likely spread to efficient miners with healthy financial standing like MARA.

Ripple’s Chief Technology Officer (CTO), David Schwartz, recently expressed his support for the crypto company Consensys in the lawsuit filed by the SEC against it. Using the diamond market as an analogy, Schwartz argued that MetaMask’s efforts are not profit-focused. Schwartz’s arguments came in response to the Securities and Exchange Commission’s (SEC) recent lawsuit against The post Ripple CTO Uses Diamond Business Analogy To Support Consensys in SEC Lawsuit appeared first on Coin Edition .

Ex-PayPal CEO Peter Thiel has a lot to say about Bitcoin these days.

Bitcoin continues to hold steady around the $60,800 mark after a quiet weekend, wrapping up the month of June with minimal volatility. Investor sentiment remains low due to a series of negative news events, and the outlook for July appears similarly grim. Upcoming returns of MTGOX funds and potential government asset sales add to market

Bitcoin stays around $60,800 at the end of June. MTGOX returns and government sales continue to pressure BTC. Continue Reading: Bitcoin Stays Around $60,800 at the End of June

In the current upbeat climate of the cryptocurrency market, BlockDAG‘s presale has garnered significant attention, amassing an impressive $54.5 million and distributing 11.8 billion coins. With a current price of $0.014, experts predict a rise to $10 by 2025, indicating substantial growth from its start. While Tron enjoys a boost

Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Oil King Pepe (OILPEPE) presents a similar opportunity for a limited time. Oil King Pepe (OILPEPE), a newly launched Solana memecoin, is poised to explode over 18,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token. OILPEPE will be listed on KuCoin, one of the largest centralized exchanges in the world, within two days – and this is a massively bullish development for the token, as millions of new investors

Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in infrastructure. Additionally, Depins assist existing infrastructure in accommodating the ever-growing number of devices that require internet connectivity. Depins Can Help Telecom Companies Save

In the last 24 hours, $LDO experienced a significant drop, hitting a low of $1.85, down by 21%, and is currently trading at $1.99. Recent data from AI Chat highlights substantial whale outflows in the past day, matching the outflow levels seen over the past week. This heavy selling pressure

Michael Egorov, the founder of Curve, has reportedly transferred another 3.75 million CRV tokens, worth $1.04 million, to christian2022.eth (@Christianeth) in what is believed to be an over-the-counter (OTC) deal. Did Michael Egorov (@newmichwill) and christian2022.eth (@Christianeth) close another 3.75M $CRV OTC deal after the recent 5% price drop? Note

Ethena ($ENA) has seen a steep decline, trading at $0.50, which marks a significant drop from its all-time high of $1.50. In the past 24 hours alone, $ENA has fallen by 8%. A notable investor, identified by wallet address 0xb6c8, has decided to cut his losses, totaling $1.12 million. About

Throughout 2024, long-term Bitcoin holders have been steadily reducing their holdings. In May, there was a notable sell-off, with 160,000 BTC (approximately $10 billion) sold. This trend slowed somewhat in June, with 40,000 BTC leaving long-term holders’ wallets. Long-term BTC holders have been reducing their holdings throughout 2024. May saw

Ethereum’s value witnessed a notable decrease of over 3% within the past week. An important indicator suggested that ETH was undervalued, signaling a potential recovery. “Ethereum faced a bearish trend shortly after a brief bullish phase,” commented market analyst James Lee from CryptoInvest Insights. Discover the latest fluctuations and future predictions for Ethereum. Dive into

After a brief uptick, meme-based cryptocurrencies are now experiencing notable declines. This downward trend raises critical questions about the stability of these digital assets. Market leaders like Dogecoin (DOGE) and Shiba Inu (SHIB) are also seeing drops in value, indicating a broader market trend. Discover the current volatility in meme coin markets, as major players

Ethereum failed to break above a bullish falling wedge pattern on the charts.

The cryptocurrency market is vibrant with creative breakthroughs, capturing the interest of both enthusiasts and investors. Litecoin is experiencing a spike in network usage, indicating growth potential, while XRP is forecasted to climb to new peaks soon. In this thriving environment, BlockDAG distinguishes itself by integrating traditional blockchain with Directed Acyclic Graph (DAG) technology, thus The post Crypto Strategists Envision 20,000x ROI as BlockDAG Advances with Innovative DAG Technology: Will Litecoin & XRP Compete? appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .

Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24.

Donald Trump tokens, MAGA, STRUMP, and TRUMP dropped in price on Friday even after Joe Biden’s chances of reelection faded. MAGA (TRUMP), a token with a market cap of over $370 million, dropped by 1.5%. Similarly, MAGA Hat (MAGA) token retreated by over 30% while Super Trump (STRUMP) fell by 18%. The same scenario is

Meme coins have started to decline after a recent rise. DOGE, SHIB, PEPE, and WIF all experienced significant declines. Continue Reading: Meme Coins Experience Significant Decline

Lido DAO (LDO) and Rocket Pool (RPL) prices are sharply down on Friday soon after SEC sues Consensys. At the time of writing, LDO and RPL are 15% and 10% in the red respectively, with these losses coming as the market reacts to latest regulatory related news. Ethereum (ETH) price also slipped, shedding nearly 3%

France, Hong Kong regulators sign an MOU to explore wholesale CBDCs, tokenization. Both institutions aim to explore innovative financial market infrastructure that facilitates seamless interbank settlement of tokenized money through wholesale CBDCs. The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) announced a collaboration focusing on wholesale central bank digital currencies (CBDCs)

Top US exchange Coinbase is not going to facilitate the planned merger of multiple artificial intelligence (AI) altcoin projects into a single new crypto. In an announcement via the social media platform X, Coinbase says that customers will have to initiate the merger on their own. “Ocean (OCEAN) and Fetch.ai (FET) have announced a merger

Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair price discovery and stability requires just as much commitment and energy. Generally speaking, market makers categorize the token pricing journey into four main phases: pre-generation construction, primary listing, price discovery and expansion, and

With a presale price of $0.00111 per token, 99Bitcoins, already received considerable attraction from crypto whales and could potentially see its value skyrocket. The past few weeks have been bad for the crypto market, especially for Bitcoin, which has consistently dipped below $60K and played a little above that resistance mark. But amid the market

The Internal Revenue Service (IRS) did not include decentralized exchanges or self-custodial wallets under its crypto broker reporting requirements. The United States Internal Revenue Service (IRS) revealed its final draft of the new crypto broker reporting requirements on June 28, and clarified the scope of industry participants affected by the new rule changes. According to

US Treasury and IRS set new crypto broker tax requirements for 2025, delay DeFi and wallet regulations, aiming to align reporting with traditional brokers. DeFi and unhosted wallets gain temporary reprieve as IRS delays rule finalization. New crypto tax rule affects 15 million people, targets compliance in digital transactions. The US Department of the Treasury

Avalanche (AVAX) has seen an impressive increase of 11.92% in the past week. Coinbase Derivatives has filed with the CFTC for certification to offer AVAX futures. “We’re excited to announce Moongate has just integrated with @avax!” Avalanche (AVAX) continues its bullish trend amid market volatility, driven by strategic developments and high-profile endorsements. AVAX Soars Amid

Baidu revealed that the update AI model Ernie Bot has now reached 300m users. The latest version provides a superior performance with fast responses. The search engine firm also announced an upgraded PaddlePaddle AI ecosystem which now supports 14.65 developers. Chinese search engine giant Baidu has unveiled the latest upgraded version of its AI model,

Chinese tech giant Baidu has launched a new large language model (LLM), Ernie 4.0 Turbo, to stay at the forefront of AI development. It’s an upgraded version of the Ernie 4.0 model from October 2023, with faster responses and better performance. Reuters reports that people will get access to Ernie 4.0 Turbo via mobile apps

AVAX's surge on the charts is an anomaly. Will it last though?

SpotOnChain reports a whale linked to Fantom Foundation sold 357,000 CVX, causing a 5% price drop. CVX trades at $3.15, down 9.2% from its recent high. Convex Finance’s total value locked (TVL) slipped to $1.24 billion, down 1.59% from the previous day. Convex Finance’s CVX token plunged 5% early Friday following a massive sell-off by

Google’s supercharged AI model Gemini 1.5 Pro is now available for all developers—and it packs a punch. Google has made good on its promise to open up its most powerful AI model, Gemini 1.5 Pro, to the public following a beta release last month for developers. Google’s Gemini 1.5 Pro is able to handle more

Useless Biden (USEBIDEN), a new Solana memecoin that was launched recently, is poised to explode over 14,000% in price in the coming days. Currently, Useless Biden can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Useless Biden could become the next viral memecoin. In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin. Useless Biden launched with over $3,000 of locked liquidity, giving it a unique advantage

A 24-year-old man from Florida has been convicted of running a crypto-stealing scheme that also included kidnapping and assault. In a new press release, the U.S. Department of Justice (DOJ) says that Remy St. Felix, from West Palm Beach, was the mastermind of a burglary crew that targeted crypto owners from September 2022 to July

21shares has filed a registration statement for a Solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a Solana

21Shares is the second major firm to file an application for a spot Solana ETF this week, and the third this month. Asset manager 21Shares has filed for a spot Solana exchange-traded fund (ETF), marking the second such application from a major firm this week. The proposed 21Shares Core Solana ETF is designed to track

The anticipation of a new altseason is stirring excitement in the cryptocurrency market. Industry experts discuss the significant role of institutional interest and positive market indicators. Notable quotes from prominent analysts suggest imminent gains for altcoins. Discover the factors driving a potential altcoin rally in 2024 and the expert insights predicting significant market movements. Anticipated

Jeo Boden token plummets over 53% following the first presidential debate night. Trump-themed tokens also saw significant declines, with TRUMP down 24.6%. Despite significant financial backing, cryptocurrency was not discussed during the debate. Crypto markets proved sensitive to the political winds of the Presidential debate, with candidate-themed meme coins experiencing significant volatility despite the topic

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MoU) on bilateral collaboration on wholesale central bank digital currency (CBDC) and tokenization. This work is in addition to the numerous larger projects the countries participate in together. The HKMA and BDF will explore interoperability between their

The cryptocurrency market is abuzz with speculation as signs point to an impending altcoin season. Market experts suggest that the stage is set for a major rally in altcoins, driven by positive developments such as the anticipated approval of a Spot Ethereum ETF by the U.S. SEC in July. In addition, new ETF filings for The post Altseason: Are We In The Early Altcoin Season? appeared first on CoinGape .