Amidst the recent frenzy in Solana meme coin markets, the Kermit token has gained significant attention due to its frog theme, aligning it with popular tokens like Pepecoin (PEPE). The price of KERMIT has surged dramatically, reaching $0.020 with a 24-hour change of +533,106%. The coin saw a staggering increase of +600,000% in its initial
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As Bitcoin price continues to decline, investors are growing anxious about the future of their investments. The price has extended its decline below the $65,000 support and is now struggling to stay above the $62,000 support zone. This downward trend has caused concern among traders and investors who are now closely monitoring the market. Bitcoin
The recent regulatory filings from the US SEC have revealed a concerning delay in the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs). Investment firms like VanEck, Ark Invest, Hashdex, and Grayscale, along with Fidelity, have all faced setbacks in their attempts to launch Ethereum ETFs. This delay has sparked discussions within the
The recent Bitcoin price crash has sent shockwaves through the crypto industry, catching many investors off guard. However, some analysts, such as Rent Capital, were able to anticipate this decline based on Bitcoin’s historical halving trend. According to Rest Capital’s analysis, Bitcoin typically experiences a significant price drop in the months leading up to its
In a recent announcement, the UK Financial Conduct Authority (FCA) revealed its plans to recover costs amounting to $8 million for the supervision of stablecoins and cryptocurrencies. The FCA intends to impose fees on stablecoin issuers and digital asset custodians to recuperate these costs. The primary focus of the cost recovery plan is to reclaim
The world of meme coins is one that is filled with extreme volatility and speculative behavior. FLOKI, a meme coin named after one of Elon Musk’s Shiba Inus, has been on a rollercoaster ride in terms of its price action. With a market capitalization of $1.6 billion, FLOKI has seen a drastic 18% drop in
The recent research conducted by Kaiko, a renowned crypto research firm, sheds light on the ‘Alameda Gap’ and its significant impact on the Bitcoin and crypto market. The ‘Alameda Gap’ refers to the liquidity gap that emerged following the collapse of the defunct crypto exchange FTX and its associated entity, Alameda Research, which was a
In the recent weeks, Bitcoin (BTC) experienced a significant crash, dropping to $64,000 and failing to regain momentum. This decline in price has not only affected Bitcoin but also led to a general market downturn affecting altcoins as well. One of the key events that contributed to this decline was a steep drop in Bitcoin’s
In the volatile world of cryptocurrencies, Avalanche (AVAX) has emerged as a standout performer. Despite a market-wide pullback, AVAX has managed to hold onto its gains, making it the most resilient leading cryptocurrency today. Over the last seven days, AVAX has seen a 22% increase in value, outperforming other top fifty cryptocurrencies. Currently trading at
Bitcoin, the leading cryptocurrency, recently saw a significant drop below the $63,000 mark after reaching an all-time high of $73,750. This price correction is attributed to various factors, one of which is the upcoming Bitcoin Halving event. Analysts like Rekt Capital have identified distinct phases in the Bitcoin Halving cycle. According to Rekt Capital, Bitcoin
