Dogecoin has taken a hit recently, dropping to a three-month low of $0.20. While it’s seen a slight recovery, experts are worried it might fall further. A Deep Dive into Dogecoin’s Downturn The recent price crash was a shock for Dogecoin investors. Although there’s been a bounce back to around $0.20, technical analysis suggests more…
Solana’s price has been struggling, and its network activity is showing some serious weakness. This raises the question: is this a temporary blip, or the start of a larger trend? Network Activity Plummets Recent crypto market volatility and Solana’s (SOL) falling price have hurt the Solana network’s adoption. Analyst Ali Martinez reported a massive drop…
Byron Donalds, a Republican congressman from Florida, announced his run for governor and has some pretty bold plans for the state’s finances. He wants to make Florida a major player in the global financial world, and a big part of that plan involves cryptocurrency. Bitcoin in Florida’s Future? Donalds envisions Florida becoming a crypto-friendly state,…
The crypto world is all about attention. New projects need to constantly offer something exciting to stay relevant. One area that’s seen its ups and downs is “restaking”—pooling security resources across different blockchains. Restaking’s Rise and Fall Initially, restaking was a hot topic. Platforms like Eigenlayer, Babylon, and Symbiotic offered a way for newer blockchains…
Tether’s CEO, Paolo Ardoino, recently claimed that Tether (USDT) is the key to maintaining the US dollar’s global dominance. USDT: A Global Reach In a post on X (formerly Twitter), Ardoino highlighted USDT’s extensive reach, spanning from physical kiosks across Africa and South America to digital remittance platforms and institutional tools. He emphasized Tether’s on-the-ground…
Veteran Investors Push Back Against Bear Market Predictions Several prominent investors are dismissing the current downturn in the crypto market as a temporary correction, rather than the start of a full-blown bear market. Chris Burniske, a venture capitalist and former head of crypto at ARK Invest, argues that the recent price drops are simply a…
Montana lawmakers recently rejected a bill that would have allowed the state to invest in Bitcoin as part of its financial reserves. The vote was surprisingly close. A Narrow Defeat for Bitcoin While 41 Republicans and one Democrat supported the bill, it ultimately failed to pass due to opposition from 41 Democrats and 18 Republicans….
Dogecoin might be on the verge of a huge price jump, potentially reaching $1! That’s the prediction from a crypto analyst, who’s noticed a pattern. The Falling Wedge Pattern This analyst, known as Trader Tardigrade, is seeing a “Falling Wedge” pattern in Dogecoin’s price chart. This pattern is often a sign that a price is…
Bitcoin’s price has taken a dive, falling below crucial support levels after a period of sideways trading. Let’s break down what’s happening. Below $90K: A Bearish Turn? Bitcoin recently broke through the key $90,000 support level, hitting a new low around $86,000. This drop has seriously shaken investor confidence. Analysts are reporting the most bearish…
Uniswap Labs, the brains behind the biggest decentralized trading platform on the Ethereum network, got some good news. The SEC shut down its investigation without taking any action! SEC Investigation Ends Back in April, the SEC sent Uniswap Labs a warning, basically saying they were planning to sue. They claimed Uniswap was acting like an…
