[ad_1] An Ethereum (ETH)-based meme coin is skyrocketing after being launched on the top US-based crypto exchange by trading volume platform Coinbase. In a new thread on the social media platform X, Coinbase Assets says it’s adding support for the meme asset Mog Coin (MOG), a cat-themed token that launched in July 2023. “MOG Coin is now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the listing sent MOG flying as the meme asset went from low of $0.000002375 on…
Author: dfrancis36
[ad_1] This publication investigates the mixed reactions from the Bitcoin community in response to Financial Times’ so-called “half-baked” apology after 14 years of relentless criticism of cryptocurrencies (Financial Times: arguably the world’s most respected financial newspaper).In a shocking about-face, FT—via its Alphaville column—admitted that it may have influenced the investment decisions of its readers but stopped short of changing its previous stance. The article looks at both positive and negative angles of this issue while providing an overall insight into the complicated relationship between the mainstream media and the cryptocurrency market.The apology was an instant talking point on social media,…
[ad_1] With massive gains over the past few days, Solana has shown true potential in this ongoing bull cycle, making SOL one of the best-performing crypto assets in the market. As a result of the upswing, there is growing confidence within the community about the likelihood of SOL surging to higher resistance levels or a new peak. An Extended Rally For Solana’s Price? Leading altcoin Solana has achieved a critical pattern breakout, which marks an important turning point for SOL’s price action and technical formation. The recent breakout shows the crypto asset’s resiliency, triggering a rebound once more after SOL…
[ad_1] Este artículo también está disponible en español. Solana (SOL) could be one of the biggest winners from the nomination of David O. Sacks as White House Director of Artificial Intelligence and Cryptocurrency. President-elect Donald J. Trump has appointed David Sacks as “Crypto Czar” on Thursday. Trump stated that Sacks will work to develop a legal framework to provide the crypto industry with the clarity it has been seeking, allowing the industry to flourish in the United States. Sacks brings a high-profile background to the role: he was Chief Operating Officer of PayPal during its formative years and serves as…
[ad_1] Bitcoin finally shattered the $100,000 barrier, reaching an all-time high of $103,600. The milestone marked a historic moment for cryptocurrency as investors and enthusiasts celebrated its journey to six figures. However, the euphoria was short-lived. Within hours, BTC experienced a sharp reversal, plunging to $92,000 in a dramatic sell-off that left the market reeling. Top analyst Axel Adler took to X to explain the sudden drop, pointing to an overwhelming number of high-leverage positions as the main culprit. According to Adler, as BTC surged past $100K, a cascade of liquidations was triggered, leading to a swift correction. Leverage, a…
[ad_1] Internet personality Haliey Welch, herself of meme fame, is facing backlash and serious accusations after the implosion of her HAWK memecoin. According to a report from the BBC, the Talk Tuah host’s Solana (SOL)-based memecoin HAWK lost more than 95% of its value within hours after launch, prompting YouTuber Coffeezilla to accuse Welch of executing a pump-and-dump scheme. A pump-and-dump scheme artificially inflates a coin’s value through hype or misinformation. Then, holders of that coin who bought the token cheap (or got it for free), sell those tokens at a high value, crashing the price. In a copy-and-pasted statement…
[ad_1] Este artículo también está disponible en español. Cardano (ADA) has demonstrated impressive resilience, holding firmly above the critical $1.15 level since Monday despite an aggressive market shakeout triggered by Bitcoin’s volatility. While many cryptocurrencies struggled under selling pressure, ADA’s ability to maintain this support showcases its strength amid uncertain market conditions. Top analyst Ali Martinez highlighted bullish signs for Cardano, sharing data that points to a significant increase in whale activity. This uptick in large transactions indicates growing interest from institutional investors and high-net-worth individuals, often a precursor to substantial price movements. Related Reading As Bitcoin’s shakeout ripples across…
[ad_1] Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin) is determined by the cost of producing the widget plus the various levels of profit margin needed to get from manufacturing to the consumer. If someone has an innovative ability to supply something that no one else can and there is a large demand for this product then they…
[ad_1] Este artículo también está disponible en español. Crypto analyst KrissPax has provided a bullish outlook for the Dogecoin price, recently indicating that the foremost meme coin is still very bullish. DOGE is currently witnessing a consolidation phase, having rallied significantly between October and early November. Dogecoin Price Still Very Bullish Despite Recent Cool Off In a recent X post, KrissPax suggested that the Dogecoin price is still very bullish despite the recent cool-off. The crypto analyst stated that Dogecoin is trading on the 2-hour chart in a classic ascending triangle pattern. He added that the pattern looks bullish with…
[ad_1] As Bitcoin continues to attract major inflows from institutional investors, the Dogecoin price is on the move as it is increasingly becoming the go-to cryptocurrency for retail investors. Interestingly, Dogecoin’s price performance has also largely correlated with the Bitcoin price. As such, Bitcoin’s recent break above the $100,000 price level has seen the Dogecoin price also breaking above the top of an ascending triangle that has capped its price action since November 23. Ascending Triangle Breakout: The Key To Dogecoin’s Next Move According to a technical analysis of the Dogecoin price by crypto analyst Rekt Capital relayed on social media…