Shiba Memu shines as investor buying power hits 6-month high
Shiba Memu presale has hit $3.6 million as more investors buy into AI meme coin. Meanwhile, stablecoin on exchanges is at a 6-month high, led by massive whale deposits. What does spike in exchange buying power means for crypto, Shiba Memu? Although the crypto market is still largely in the accumulation phase amid the latest […]
Memeinator (MMTR) hits $200k in presale hours after launch
The Memeinator (MMTR) has stormed past $200k a day after presale launch as sub-par memes scramble. Targeting meme coin dominance, the Memeinator seeks to leverage blockchain and AI to seek and destroy all the weak meme coins. MMTR will be available on cryptocurrency exchanges and trading platforms at the end of the presale. As the […]
MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m
Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone over the last few days. However, that hasn’t halted Chancer’s […]
BREAKING: Bitcoin hits $28k after Grayscale win against SEC
Bitcoin price rose to highs of $28,142 on crypto exchange Bitstamp on Tuesday. The gains came as the crypto market reacted to news of Grayscale’s win against the SEC. Bitcoin price saw a huge spike in volatility on Tuesday afternoon as prices across the crypto market rose. The world’s largest cryptocurrency by market cap jumped […]
Shiba Memu presale hits $2.1M as Shiba Inu’s Shibarium faces challenges
The highly-anticipated Shibarium layer-2 network is having problems with its bridge contract. Approximately $1.7 million worth of Ethereum is currently stuck on the bridge contract. Shibarium launch was expected to add some impetus to the price of SHIB but that has not happened. The much-hyped layer-2 network of Shiba Inu, Shibarium, is having significant problems […]
Bitcoin price outlook as Shiba Memu’s presale hits $1.5M
Key takeaways Bitcoin has been underperforming in recent weeks, down from the $31k level it achieved last month. The world’s leading cryptocurrency by market cap is struggling around the $29k region, and market experts believe it could dip lower in the near term. Shiba Memu has continued to set new records with its presale despite […]
Bitcoin mining difficulty hits all-time high, above 50 trillion hashes
Key Takeaways Bitcoin mining difficulty has surpassed 50 trillion hashes for the first time ever Higher difficulty means more competition and less profit for miners, but also more security for the Bitcoin network Higher mining difficulty means greater energy input required to mine Bitcoin, meaning greater cost for miners Mining stocks have underperformed Bitcoin significantly […]
MicroStrategy BTC paper loss hits $1.3B but no plans to stop trading bitcoin
MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020. Despite making a paper loss of about $1.3 billion in 2022, MicroStrategy’s chief financial officer, Andrew Kang, said that the company will continue trading bitcoin. […]
Optimism token OP hits all-time high Bedrock upgrade news
OP has rallied over 30% in the past 24 hours, reaching a new all-time high of $2.97 on Coinbase Optimism is outperforming major coins even as cryptocurrencies rally on Thursday. Gains for Optimism comes amid buying pressure after news of an upgrade proposal planned for activation on 15 March. Optimism is rallying again as excitement […]
Bitcoin hits $18,200 as 13% more of of BTC supply in profit
Bitcoin price jumped more than 5% on Thursday to hit levels above $18,400. According to on-chain data from Glassnode, the price rally has helped return 13% more BTC into profit; now 60.5% of circulating supply is in profit. Only 47%-48% of BTC had been in profit between November 2022 and the start of January, 2023. […]