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Showing posts with the label trading

How High Can Pepe Coin Surge In June 2025?

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Pepe Coin (PEPE) has been making news for all the right reasons. The asset made its debut as the very first frog-themed meme coin. PEPE was seen thriving among the canine-filled meme coin market. During the past month, the meme coin jumped up by 52.90%. The asset went from a low of $0.00000761 to a high of $0.00001625. But this trend was disrupted during the past day. The real question is whether PEPE can move past its current trend and register notable gains in the coming month. Also Read: Owning 500 Million PEPE Before September Is Non-Negotiable: Here’s Why Can Pepe Coin Jump Back Up Later Today? Source: Techpoint Africa Throughout the past 24 hours, the frog-themed meme coin saw a drop of 3.16%. At the time of writing, Pepe Coin was trading at $0.00001370. It should be noted that earlier today, the asset was priced at a high of $0.00001444. Source: CoinMarketCap According to recent data, the number of PEPE holders has notably increased over the past 30 days. Currently, the total ho...

Missed Out? A $10,000 Shiba Inu Investment in 2020 is Now $2M

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Shiba Inu (SHIB) has undoubtedly been relevant throughout the years of its existence. The second largest meme coin entered the market as “Dogecoin Killer.” While DOGE remains unfazed, SHIB started garnering increased popularity due to its utility. In addition, investors who entered the market during the asset’s early days managed to change their fortune. As SHIB stands as one of the top performers of 2024, the article dives into the potential returns on an investment made in 2020. Also Read: Elon Musk’s X and Visa Unite: Introducing the X Money Account Looking Into Shiba Inu’s Current State Source: Watcher Guru Shiba Inu first entered the market back in 2020. As the pandemic set in, SHIB’s popularity was seen surging. The meme coin has grown by 1388247.89% since its origin. It should be noted that the asset hit an all-time high of $0.00008845 in 2021 about three years ago. Currently, SHIB is nearly 80% below this peak. At the time of writing, Shiba Inu was ...

New Cryptocurrency Projects To Watch As Bitcoin Crash Pauses – Good Time To Buy The Dip?

Bitcoin saw a strong 1.7% increase in early trading on Friday, with some analysts predicting that the cryptocurrency bounce could extend through Trump’s inauguration. So, is now a good time to buy the dip?  The broader market also bounced back after a fall overnight in the US. The market rose by almost 1.6% today, with Bitcoin and Ethereum among the top performers, increasing by 1.67% and 1.1%, respectively, according to CoinMarketCap. Top meme coins also bounced back with top performers including Dogecoin, Shiba Inu, and Pepe, all showing substantial gains in the past 24 hours. Dogecoin increased by 2.8%, Shiba Inu 4.5%, and Pepe 3.8%.  With Bitcoin and the broader market making a comeback, many traders are now looking for opportunities to buy the dip. 🚀 BULLISH MOVE! 🇺🇸 In just 10 days, ultra pro max #Bitcoin supporter Donald Trump takes office! 💥 Will this trigger the next big #BTC rally? 📈🔥#CryptoNews #Tru...

Daily NFT Sales Hit $55M, Following Recent Surge In Ethereum NFTs

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The non-fungible token market has surged again today, following the footprints of the broader crypto bear market, which is also skyrocketing. In a remarkable turn of events, the NFT market, spearheaded by Ethereum NFTs, has experienced a dramatic resurgence, with daily trading sales volume climbing past $50 million for the second consecutive day. This NFT surge signals renewed investor confidence and growing interest in NFT items. NFTs Record $55M In Daily Sales Volume Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, indicates that the non-fungible token market has surged again in daily trading sales volume. In the past 24 hours, the non-fungible token market has amassed a trading sales volume of $55 million, up 3.29% from the past days. The no of traders acquiring NFTs have surged by 18%. The NFT market climbed past $50 million in sales volume after many blue-ship non-fungible token collections exploded in flo...

Dogecoin price set for ‘parabolic move’, according to analyst

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Currently priced at $0.1622 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week.  Over the past year, Dogecoin has outpaced Bitcoin and Ethereum with an impressive 129% gain, outperforming 69% of the top 100 crypto assets by market capitalization. DOGE 1-day price chart. Source: CoinMarketCap The meme coin’s bullish setup has become the talk of analysts and traders, fueled by strong technical indicators. Trading above its 200-day simple moving average—a key level that often signals sustained momentum—DOGE has shown resilience with 19 green days out of the past 30.  Picks for you Gold price prediction for 2025 19 hours ago Nexo announces a major rebran...

Most Searched Cryptocurrencies On GeckoTerminal Today – Eva Intelligence, Turbo, The Void, Michi

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Today’s market dynamics reflect a mix of enthusiasm and increased trading activity. Sentiments are notably bullish, especially among the most searched cryptocurrencies on GeckoTerminal , whose collective trading volume has surged by almost 20% in the last 24 hours. Also, the crypto Fear & Greed Index shows a healthy score of 70, indicating that the bull run event is drawing close. Because crypto prices fluctuate frequently, investors must stay updated to make significant profits. The article leverages GeckoTerminal to help investors track the price performance and profitability of various cryptocurrencies. It also offers insights into their trading volumes, innovations, and what makes them the most searched cryptocurrencies on GeckoTerminal.  Most Searched Cryptocurrencies On GeckoTerminal Today Today’s article analyses tokens that have captured the attention of traders and investors. It evaluates their short-term and long-term performance. It also presents a tok...

CFTC Issues Order Against Uniswap Labs for Allegedly Offering Illegal Digital Asset Derivatives Trading

The Commodity Futures Trading Commission (CFTC) is filing charges against the firm behind Uniswap (UNI), alleging that it offered illegal crypto derivatives contracts. In a new press release, the regulatory agency says it has slapped Uniswap Labs with a $175,000 civil penalty and a cease and desist letter after it was allegedly found to be in violation of the Commodity Exchange Act (CEA). According to the regulator, Uniswap Labs never properly registered as a contracts marketplace but was operating as if it did. “Among the digital assets traded on the protocol and through the interface were a limited number of leveraged tokens, which provided users leveraged exposure to digital assets such as Ether and Bitcoin. The order finds these leveraged tokens are leveraged or margined commodity transactions that did not result in actual delivery within 28 days and therefore can be offered to non-Eligible Contract Participants only on a board of trade that has been de...

Nasdaq repurposes crypto tech for wider financial service uses

Nasdaq Inc. is adapting its previously developed crypto currency technology to offer an institutional-grade platform for various asset markets, including digital assets and carbon trading. After halting its U.S. cryptocurrency custodian business launch in July, Nasdaq continues to develop technology for tokenized assets. In a Bloomberg Television interview, Nasdaq co-president Tal Cohen revealed plans to introduce this technology as a comprehensive service. This pivot aims to offer an institutional-grade platform supporting digital assets and markets like carbon trading. Tal Cohen, co-president of Nasdaq, said in an interview with Bloomberg that crypto technology will be reused to attract more customers to pay attention to emerging assets such as carbon assets. Nasdaq previously suspended the launch of its digital asset custody business in July… — Wu Blockchain (@WuBlockchain) December 13, 2023 You might also like: Bitcoin is a distinct asset class, diverges with go...

dYdX Chain enters Beta Mainnet stage, launches active trading across 33 markets

dYdX Chain Beta Mainnet launch enables active trading across 33 markets. Users can trade on dydx.trade with 20x leverage. There will however be no rewards during the beta stage. In a significant development for the decentralized derivatives trading space, the dYdX Chain has officially entered its beta mainnet stage. This move follows a decisive governance vote, with over 99% community support, allowing active trading across more than 33 markets. Beta Mainnet launch and trading features The transition from the alpha stage to the beta mainnet stage occurred at 8:45 a.m. EST on a Monday, as confirmed by the dYdX Operations subDAO, responsible for the decentralized infrastructure of the dYdX Chain. Users can now actively participate in trading via the dydx.trade platform, with access to over 33 perpetual markets offering up to 20x leverage. During this beta stage , no trading rewards will be distributed to users. However, validators and stakers will accrue ...

Celestia (TIA) rises 25% despite decrease in social media buzz

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Celestia (TIA) witnessed a further surge, while data shows a decline in the asset’s social activity. TIA is up by 1% in the past 24 hours and is trading at $5.42 when writing. While the asset witnessed a short downward momentum, falling from its all-time high of $5.94 on Nov. 13, Celestia recorded a 25% rise since its local bottom of $4.32 at 00:10 UTC today.  TIA price and social volume – Nov. 14 | Source: Santiment TIA’s market cap currently stands at $761 million, with a 24-hour trading volume of $856 million. You might also like: Bitcoin nears Berkshire’s value despite Buffett’s critique On the other hand, Celestia’s social volume declined by 55.5% over the past day, according to data provided by Santiment.  The platform released its mainnet on Oct. 31 and airdropped TIA tokens to 580,000 eligible users.  Moreover, Celestia is still trending on CoinMarketCap despite the drop in social volume on Twitter, Telegram, and Reddit. TIA registered a ...

Invesco and Galaxy’s spot Bitcoin ETF listed on DTCC site

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The BTCO ticker for Invesco and Galaxy’s Bitcoin (BTC) ETF is now listed on the DTCC website, signaling progress in the application process for both firms. The ticker BTCO, representing the spot Bitcoin exchange-traded fund (ETF) by Invesco and Galaxy, has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website. It marks a significant milestone in the application process for the two asset management firms. Invesco Galaxy Bitcoin ETF appears on DTCC website | Source: DTCC The listing was added within the last six days, as archival data from the WayBack Machine indicates no such listing for BTCO as of Oct. 25. However, it’s crucial to note that a ticker’s presence on the DTCC’s list of “ETF Products” does not guarantee its future approval. A spokesperson for the DTCC clarified on Oct. 25 that it is standard procedure for the corporation to add securities to the NSCC security eligibility file in anticipation of a new E...

Bitcoin and Ether record low trading volumes on South Korea’s biggest crypto exchange

A recent report revealed that altcoin trading in the South Korean crypto currency market was high, in contrast to majors like Bitcoin (BTC) and Ether (ETH) where trading activity has declined in comparison.  The number of South Korean investors was estimated to reach about six million in the first six months of 2023, a figure accounting for 10 percent of the South Korean population, according to a survey carried out by the Korea Financial Intelligence Unit, as reported by DeSpread Research. Meanwhile, most of these investors use centralized exchanges (CEXes) for their trading activities, which explains the popularity of CEXes as against their decentralized counterparts.  In South Korea, there are four major cryptocurrency exchanges — Upbit, Bithumb, Coinone and Korbit — with Upbit being the country’s largest player at 80 percent, while Korbit’s market share is below one percent.  You might also like: Upbit receives license from Singapore’s financial r...

Retail trading platform Robinhood pushes to dismiss class-action lawsuit

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Join Our Telegram channel to stay up to date on breaking news coverage Robinhood, one of the most used retail trading platform s in the stock and exchange markets, is pushing to dismiss a class-action lawsuit against the company. The lawsuit claims that the exchange failed to disclose information ahead of its initial public offering (IPO) in 2021. The information in question relates to the exchange offering crypto trading activities. Robinhood wants to dismiss class-action lawsuit The lawyers representing the Robinhood exchange have filed a motion to dismiss the class-action lawsuit. The motion filed by the US publicly traded company follows a court ruling in February that said there was no proof showing that Robinhood shared false or misleading IPO information with its customers in 2021. The plaintiffs in the case were provided with an opportunity to file an amended complaint. The case was filed in a federal court in San Francisco, and it was submitted before the US Di...