Shiba Inu (SHIB) and Pepe (PEPE) are among the most popular meme cryptocurrencies. Both assets have given phenomenal returns since their launch. SHIB’s price skyrocketed within months of its launch in August 2021. PEPE experienced a similar surge in popularity and price after its debut in April 2023.Also Read: De-Dollarization: Will Tariffs Push Countries Away From The USD?Shiba Inu Vs. Pepe: Which Will Reclaim Its All-Time High First?Source: Watcher GuruSHIB hit an all-time high of $0.00008616 on Oct. 28, 2021. The asset’s price has fallen by more than 86% since its 2021 peak.PEPE, on the other hand, hit an all-time…
Author: cryphedge
US President Donald Trump explores legal possibilities to remove Fed Chair Jerome Powell from office, citing “lack of urgency.” Trump has criticized Powell for obstructing the economic growth of the country, claiming he is “too late and wrong.” US President Donald Trump has openly suggested that he may remove Jerome Powell from his position as the Federal Reserve chair, escalating the existing tension between them. This latest outburst fueled Bitcoin (BTC )’s surge from its daily low of $83k to $85k. At press time, the asset had marginally declined to $84k, printing a 0.48% loss on its daily price chart.…
China is the second-largest holder of Bitcoin in the world—right after the United States—with a reserve of around 194,000 BTC tokens. But here’s the twist: while the U.S. has been open about its crypto strategy, China has stayed largely silent.What’s happening behind the scenes?Is China quietly selling off its massive Bitcoin stash without telling the world?A well-known crypto analyst thinks so – and if he’s right, it could shake up the entire market.No Clear Crypto Policy – But a Massive Bitcoin StashEven though China is a global economic powerhouse, it hasn’t yet introduced a clear policy for cryptocurrencies. In fact,…
Shiba Inu (SHIB) has made a name for itself as a “millionaire-maker.” The asset’s incredible rally in 2021 turned many early investors into multi-millionaires. Regular people with average jobs made generational wealth with the dog-themed crypto. Since its launch in August 2020, till it hit an all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Let’s discuss if you can turn $1000 in SHIB into $1 million by 2035.Also Read: Top 3 Cryptocurrencies To Watch This WeekendCan $1000 In Shiba Inu Become $1 Million In 10 Years?Source: Watcher GuruIf you purchase $1000 worth of SHIB…
Fartcoin, a Solana meme coin, has surged 226%. Bitcoin Pepe, currently in its presale, is grabbing major attention. Other Solana meme coins like Solama and Popcat gained over 60% in a week. Solana price has surged to $134.60, fueled by Canada’s launch of the first spot Solana ETFs, boosting its market presence and reigniting interest in meme coins. Meme coins, especially those built on the Solana blockchain or drawing on its scalability, such as the presale-phase Bitcoin Pepe, are gaining attention as potential investment opportunities. Fartcoin has seen a 226% gain in a month Fartcoin, a meme coin built on…
The US Department of Justice (DOJ) has initiated a review of how victims of digital asset fraud are compensated, following concerns over outdated valuation methods.According to a recent internal DOJ memo, many investors affected by crypto platform collapses, such as FTX, Celsius, Voyager, Genesis, BlockFi, and Gemini Trust, have only received reimbursement based on the value of their holdings at the time they filed claims, not at current market rates.While not all these bankruptcies stemmed from criminal charges, the DOJ emphasized that many assets were lost due to theft or fraud. As a result, investors missed out on significant potential…
Kenny Li, co-founder of Manta Network, has revealed he was the target of a highly advanced phishing attempt involving deepfake technology during a Zoom call.In a detailed post on April 17, Li described how attackers used prerecorded videos of familiar individuals to impersonate them in what appeared to be a legitimate meeting.Li said the video feed showed recognizable faces with cameras turned on, adding to the illusion of authenticity.No Audio, Fake UpdateHowever, he noticed the audio was missing, and the participants prompted him to download a suspicious script file under the guise of a Zoom update.“I could see their legit…
Billionaire media mogul David Geffen has filed a countersuit against crypto entrepreneur Justin Sun, escalating a legal battle over the ownership of a multimillion-dollar sculpture by Alberto Giacometti.The dispute centers on “Le Nez,” a sculpture Geffen acquired in a 2022 deal valued at approximately $65 million in artwork and cash.Sun, the founder of the Tron blockchain, originally purchased the piece at a Sotheby’s auction in 2021 for $78 million, with the help of his then-art adviser, Xiong Zihan Sydney.Le Nez. Source: Fondation GiacomettJustin Sun Alleges Trusted Adviser Stole Sculpture Sold to David GeffenSun’s February lawsuit alleges that Xiong stole the…
Slovenia’s Ministry of Finance released two legislative proposals for public consultation to clarify and align the taxation of digital assets and derivatives ahead of a planned 2026 rollout, according to an April 17 release.The first proposal, the Law on the Tax on Profit from the Disposal of Crypto Assets, introduces a 25% capital gains tax on crypto profits earned by Slovenian residents.Meanwhile, the second proposal amends existing rules for derivatives, applying the same flat tax rate regardless of holding period.The proposed legislation aims to align the country with international standards on digital asset regulation and transparency.Clear guidelines for crypto taxUnder…
Today, WalletConnect Token (WCT) is attracting significant attention as whales have started making big quantities of inflow transactions to exchanges, a negative indicator for the token’s price. GSR deposits 4 million WCT Today, a prominent whale, recognized as crypto trading firm GSR Markets, deposited 4 million WCT tokens worth $1.61 million to Binance. This is an indicator of a profit taking intention, suggesting a bullish sentiment among early investors. Data also shows that another 7 million WCT (worth $3.46 million) were deposited into Binance today. This is an indicator that large investors are moving their WCT tokens to exchanges, suggesting…
