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The markets for cryptocurrency are well-known for their extreme volatility. For the past several months, traders have been navigating a sea of uncertainty, often succumbing to scams and rug pulls. Some even say that these market conditions amount to an extended bear market. Yet, through it all, some savvy (and lucky) investors have managed to pull off some impressive trade gains, with the $SHADOW...
Chun Wang, a well-known personality in the cryptocurrency community who co-founded two major mining pools, F2Pool and Stakefish, has kept on offloading large amounts of Lido DAO tokens (LDO). Just now, Wang sold another 300,000 LDO tokens for 517,926 USDT, at a price of $1.726 per token. This sale is part of an ongoing, larger strategy that has seen Wang liquidate millions of LDO tokens over the...
A significant entity in the cryptocurrency sector, recognized by the wallet address “inveteratus.eth,” has taken another big step by divesting itself of all 1,230 Maker (MKR) tokens for what amounts to 1.781 million USDC. This transaction, which wrapped up less than four hours ago, marks the second successful Redwood MKR trade for this whale in less than a month and seems to further solidify the...
On February 21, Elon Musk, in a bold move, updated his X account profile picture to an image of himself holding a “golden chainsaw”—a unique gift he received from Argentina’s President Javier Milei. The image update also prominently features the words “The Dogefather” in the background. Musk is often referred to as the “Dogefather” because of his association with Dogecoin (DOGE), the popular...
A certain shake-up is coming to the worlds of cryptocurrency and fashion, courtesy of music mogul Kanye West. The artist formerly known as Ye has reportedly been preparing to launch a new memecoin, $YZY. According to insider sources and an email sent by Yeezy’s CFO, Hussein Lalani, the new token will become the official memecoin of the Yeezy brand. That means it could well integrate itself into...
Although Litecoin (LTC) has frequently been eclipsed by other cryptocurrencies like XRP, Solana, Chainlink, and Cardano when it comes to the amount of social media buzz and popular attention, the digital asset has been enjoying something of a quiet renaissance lately, with its price rising sharply in the past couple of weeks. From February 2 to February 19, 2025, the market capitalization of...
Following back-to-back price reductions in the past months, WIF lost its spot as the leading Solana-based meme coin and dipped to a year low. It bounced back slightly from the low and now brews for a recovery. Last week, WIF found solid ground as it tested the $0.55 level after posting significant losses in the preceding weeks. That price level held temporal support after being marked as the...
  The cryptocurrency market draws in numerous investors because it presents promising market opportunities. Some crypto-enabled projects emerge as leaders because of solid fundamental advanced technological solutions, and sustainable market expansion capabilities. There is a continuous high demand for digital assets with strong potential because investors actively pursue top investment...
Montana’s House Business and Labor Committee recently passed a bill supporting Bitcoin and other digital assets as reserve assets. The bill was approved with a 12-8 vote, creating a special revenue account for investing in digital assets and precious metals. Cryptocurrencies with an average market cap above $750 billion over the past year qualify for this reserve. This government-backed push for...