Revolutionary meme cryptos have captured the attention of crypto enthusiasts even as majors like Bitcoin continue to experience selling pressure. For instance, two weeks into its presale, Bitcoin Pepe has already sold out four stages. For the early adopters who bought BPEP tokens at the launch price of $0.0210, their investment has already earned cumulative gains of 15.7%. By the end of the 30 stages, the token price will have increased by 311.4%. As such, this is the opportune time for investors to jump onto this profitable bandwagon. A plunge below $90k pushes Bitcoin price to the oversold territory After…
Author: cryphedge
Crypto transfers are being restricted in Europe through heavy know-your-customer (KYC) procedures and blocks, potentially linked to the Travel Rule, according to several local reports.Hasu, the strategy lead at Flashbots, reported that Coinbase is blocking transfers in Europe to recipients other than the user. Additionally, when sending crypto to a self-custodial wallet, the user must sign a message to prove ownership.If the user receives funds instead of sending them, the sender must be identified, including passport identification. This applies even if the user sends money to his Coinbase account from another source. Hasu said he didn’t try to avoid complying with…
Despite bearish market sentiment and a recent Bybit security hack, this Ethereum whale accumulation reflects strong confidence in ETH’s long-term potential. The ETH price is approaching a key support level at $2,300, which is crucial for preventing further declines toward $2,000. Ethereum price action has taken an unusual turn this February, diverging from its long-term trend of robust performance. Large investors or “whales,” however, continue to build up ETH, expressing confidence in the asset’s long-term prospects, as mentioned in our previous post. Ethereum Whale Accumulation & Market Behavior Recent on-chain statistics reveal a massive surge in ETH balances in wallets…
Solana has been one of the top-performing cryptocurrencies, but recent market movements suggest a possible decline. With LIBRA’s influence and major investors shifting their funds to rival altcoins, Solana price could drop back to $120. While SOL remains a strong player in the blockchain industry, concerns over its short-term price fluctuations are growing. Meanwhile, new platforms like DTX Exchange are gaining traction in their presale and are currently in the bonus stage, offering tokens at $0.18. With $15.08 million already raised, this is the last opportunity to buy at this price before it gets listed. Will investors stick with Solana…
The US Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs without taking enforcement action, according to a Feb. 25 statement.The investigation, which began over three years ago, centered on allegations that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency and issued an unregistered security. Uniswap Labs characterized the outcome as a victory for DeFi, reinforcing the argument that decentralized technology operates within the legal framework.In April, the SEC issued a Wells notice to Uniswap Labs outlining potential charges based on claims that the firm engaged in unregistered securities activities. The investigation has concluded this…
The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.Considering the present market trends, whale investors and institutions have entered a FOMO-like situation and are micro-monitoring the price action of these tokens. Are you one of many who are planning on investing in these tokens but are concerned about their short-term prediction? Read our article now!Bitcoin (BTC)Bitcoin price today has lost 8.23% in 24…
The entire cryptocurrency market was painted red. Prominent altcoin, XRP, wasn’t spared from this downtrend. Ripple’s cryptocurrency witnessed a massive downfall over the past 24 hours. The latest drop brought the altcoin’s monthly losses to 30%. As the bearish month of February is about to end, the community has ambitious bets in March. Will XRP recuperate or carry its current trend onto the coming month is the real question.Also Read: Why Are Dogecoin & Shiba Inu Falling By Over 10% Today?Looking Into The XRP MarketSource: Watcher GuruThroughout the last day, several assets registered double-digit dips. XRP followed a similar trend…
Tether CEO Paolo Ardoino has voiced concerns that the company’s rivals are leveraging legal and regulatory tactics to destabilize the stablecoin issuer.In a Feb. 25 post on X, Ardoino alleged that some stablecoin issuers in the US are using political lobbying and legislative efforts to target Tether’s operations.According to him:“While our competitors business model should be to build a better product and even bigger distribution network, their real intent is ‘Kill Tether.’ Every single business or political meeting that they have culminates with this intent.”Ardoino noted that while his claims might be perceived as an “overstatement,” he argued that it…
This is the lowest Bitcoin has dropped since November 2024 Trump’s trade tariffs are likely impacting crypto market prices as investors look elsewhere to trade Two crypto hacks days apart have worsened investor sentiment Bitcoin’s price has dropped below the $90,000 mark, signalling the lowest decline for the number one crypto asset since November 2024. Bitcoin’s price at $87,000. Source: CoinMarketCap On February 25 at 10:25 UTC, Bitcoin was trading at around $87,190, according to data from CoinMarketCap. At the time of publishing, it has risen slightly but remains under $90,000, a key figure to stay in bullish territory. According…
The cryptocurrency sector is widely recognized for its volatility due to the swift emotional changes it experiences, where even widely traded tokens undergo severe downtrends. Recently, many holders of Dogecoin (DOGE) have suffered losses, leading to a major reallocation of capital. As investors aim to recover losses and make sizable profits, a new token priced at $0.20 is gaining traction. This token goes by the name Rexas Finance (RXS), an Ethereum-based project whose goal is to take advantage of a market that many believe is turning bullish in the next few months. A Shift in Investor Sentiment Dogecoin (DOGE) has…
