Like most stocks in the market, SUI was not spared and significantly fell on Oct. 4 to become the biggest loser of the day, falling by more than 15%. Following the high price of $1.97 on its intraday chart on the 3rd of October, the token prices fell to an intraday low of $1.62. The…
Unbelievable Profit from Memecoin Investment The crypto community learns lessons following an inspiring story of a crypto trader who turned $1300 into $3.4m in 15 days. The trader out of nowhere invested in Moo Deng (MOODENG), which is a hippo-themed memecoin, which either astounding or elicits skepticism from the public. Digesting this shocking 2,554X return,…
Instantly, Pepe Unchained (PEPU) has emerged as the foremost crypto investment as its presale has risen to $17.5 million because of huge whale pumping. This Layer 2 project, based on Pepe the Frog, has higher transaction throughput, happening at a faster speed for lower fees, and comes with features that are custom-made with meme coin…
As the global economy rises to powerful exigents, Bitcoin becomes more of an appealing investment option that works to safeguard assets and promote self-ownership of resources. The latest political figure who joined the supporters of cryptocurrency is a member of the German parliament named Joana Cotar who discussed cryptocurrency as an effective weapon against inflation….
The cryptocurrency market has remained bearish over the past day, with the total market capitalization dropping to $2,133 billion during the past 24 hours, down 1.44%. The fresh pressure is attributed to appreciation pressure in the U.S. dollar and a slump in risk assets because of its long-drawn effects on the Middle East conflict and…
There is a possible danger to the ‘October’ rally in the cryptocurrency market as geopolitical risks intensify with rising tension between Israel and Iran. Key Highlights: The Iranian missile attacks on Israel put global markets at risk. More than $9 million has been taken out from the market already. Bitcoin has fallen below $62,000, amid…
Key Points: Ripple’s XRP was down by 12.75% and reached a one-month low primarily due to the appeal of the SEC regulations as well as tensions from the Middle East. The legal battle between the SEC and Ripple along with the recent partial court win has brought back market unrest. Political instabilities in the Middle…
The United Arab Emirates (UAE) has recently announced its major change, releasing a number of crypto-related activities from its 5% Value-Added Tax (VAT). This strategic move can play greatly in the world for the cryptocurrency market, especially placing the UAE as one of the front runners in virtual assets. VAT Exemption: A Game-Changer for the…
Binance has thus come out to debunk rumors surrounding the so-called “Moonbix Coin,” which is not true because there is no cryptocurrency token that is affiliated with the Moonbix game. Later, in an official announcement, Binance stated that Moonbix is an entertainment-based game designed for users with no relation to any tokens that have investment…
Key Takeaways: Cryptocurrencies: Uniswap (UNI) recouped 8% in the top 20 coins by market capitalization as measured by CoinDesk’s artworks. The altcoin returns for XRP and Aptos (APT) are lesser than the ST upside returns with 0.90% and -0.13% respectively. Crypto Fear & Greed Index transitioned from showing fear and neutrality to greed after an…
