A Solana-based memecoin called Popcat (POPCAT) has been on a wild ride. After skyrocketing over 110% in just a few days, reaching a new all-time high, it’s now showing signs of a potential correction. Popcat’s Rollercoaster Ride Popcat shot up from around $0.47 to nearly $1 in just a few days, attracting a lot of…
A Canadian judge has decided that a guy named Aiden Pleterski, who calls himself the “Crypto King,” will stay bankrupt until his criminal case is finished. Pleterski is accused of running a huge crypto scam that ripped off investors for over $30 million. The Judge’s Decision The judge said that keeping Pleterski bankrupt until the…
Binance Labs, the investment arm of the world’s largest crypto exchange, has put money into a new blockchain gaming company called Pluto Studio. A Popular Telegram Game Pluto Studio’s first game, Catizen, is a big hit on the Telegram messaging app. It’s a gaming bot that lets people play mini-games and use crypto payments. Catizen…
Cryptocurrency enthusiast Anthony Pompliano believes that the recent approval of an Ethereum ETF by the SEC will pave the way for other altcoins to enter the traditional financial market. Wall Street Embraces Crypto Pompliano, CEO of Professional Capital Management, sees the Ethereum ETF as a major milestone, following the success of the Bitcoin ETF. He…
BlockFi, the crypto lending company that went bankrupt last year after the FTX collapse, is finally getting ready to give money back to its customers. Selling FTX Claims BlockFi managed to sell its claims against FTX for a much higher price than they were worth. This means they’ll have enough money to pay back all…
Bitcoin has been on a roll in July, climbing out of its June slump and reaching new monthly highs. But is this just a temporary blip, or is Bitcoin poised for a sustained rally? Let’s look at some historical data to see what might happen. Bitcoin’s History Repeats Itself? Bitcoin has a tendency to follow…
The Indian government’s recent budget announcement for 2024-25 has left many people scratching their heads, especially those in the cryptocurrency community. The budget, which outlined priorities like agriculture and employment, completely ignored the topic of digital currencies. This silence is a major blow to the crypto industry, which was hoping for some clarity on regulations…
Gate.io, a popular cryptocurrency exchange, is pulling out of the Japanese market. This decision comes after facing challenges with Japan’s strict regulations. Navigating Japan’s Regulatory Waters Japan has some of the toughest rules for cryptocurrency exchanges. The Payment Services Act (PSA) recognizes cryptocurrencies as legal property and requires exchanges to register with the Financial Services…
Decentralized exchanges (DEXs) are all the rage in the crypto world, but they face a big problem: liquidity. Without enough people buying and selling, prices can swing wildly and trades can be difficult. That’s where market makers come in. What Do Market Makers Do? Market makers are like the backbone of a DEX. They: Add…
A well-known Bitcoin analyst, who goes by the name Checkmate, is seeing positive signs for Bitcoin’s future. He’s looking at a specific indicator called the STH-SOPR, which tracks how much profit or loss Bitcoin holders have made over the past 155 days. Bullish Signals Checkmate says the STH-SOPR recently dipped below a key level before…
