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Showing posts from June, 2024

Blockchain Gaming Platform Surges by 37% This Week Amid Upcoming Hard Fork and Token Burn

A blockchain platform focused on gaming defied a sideways crypto market and rallied by 37% this week amid an upcoming hard fork and token burn. WEMIX  is a crypto project that bills itself as an “experience-based, platform-driven, and service-oriented mega-ecosystem.” More than 580,000 people use its blockchain game platform, WEMIX Play. The project’s native token is trading at $1.37 at time of writing, up from $1.01 seven days ago. WEMIX witnessed gains as users look forward to the “Brioche Hard Fork,” which will overhaul the project’s tokenomics. The hard fork is slated for July 1st. Explains WEMIX, “This pivotal milestone will introduce a revised minting rule, reducing the issuance of WEMIX per block through 16 updates. This change aims to enhance the value and growth of WEMIX, marking the first step towards mutual growth with the community. Secondly, WEMIX will unveil an enhanced WEMIX PLAY, where ecosystem performance d...

Inactive Bitcoin Wallet Moves 50 BTC After 14 Years

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The entire cryptocurrency market has been in a slump lately. Several assets have been struggling to record a decent surge. Bitcoin [BTC], the world’s largest cryptocurrency , was being pushed down by the bears too. Amidst this downtrend, several whales were seen buying the dip, while the others stayed cautious. A dormant Bitcoin miner wallet resurfaced and made news after 14 years. The wallet decided to re-enter the market by moving 50 BTC worth over $3 million to Binance. Lookonchain revealed this movement and noted that $3.05 million worth of Bitcoin was moved. It is said that this Bitcoin was mined on July 14, 2010. Block 67,254 was used to earn all 50 BTC. The block reward for mining the block was $3.05 million worth of Bitcoin. The block data further show that there were four transactions totaling 1,085.85 BTC with a difficulty of 45.38682234. A miner wallet woke up after being dormant for 14 years and deposited 50 $BTC($3.05M) to #Binance 7 hours ago. The miner earned 50 $B...

Kraken Co-Founder Jesse Powell Donates $1M in Ethereum to Trump

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Source: Jesse Powell (X) Recent developments have highlighted the intersection of cryptocurrency and politics in the United States. Kraken Co-Founder and Chairman of the Board Jesse Powell has made headlines with his $1 million donation to Donald Trump’s 2024 presidential campaign . This significant contribution is part of a broader trend among crypto proponents to support political candidates who favour digital assets. Jesse Powell’s Pro-Crypto Move I just personally donated $1m (mostly #ETH) to @realDonaldTrump. For too long, the crypto industry has been under attack by Elizabeth Warren, Gary Gensler and others. Despite overwhelming bipartisan Congressional efforts to put clear rules in place, the Biden White House has… pic.twitter.com/Ksxf3P2oCb — Jesse Powell (@jespow) June 28, 2024 Kraken Co-Founder and Chairman of the Board, Jesse Powell , has committed $1 million, primarily in Ethereum (ETH) , to Donald Trump’s campaign . Powell’s do...

Is It Too Late To Buy BOME? Book Of Meme Price Soars 14% And This Might Be the Next Crypto To Explode

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The Book of Meme price surged 14% in the last 24 hours to trade at $0.01076 as of 3:20 a.m. EST on a 211% leap in trading volume to $264 million. The resurgence in activity around BOME is also evident from its rising futures open interest, which surged 14% in the past seven days to $60.25 million. Book Of Meme Price Spikes Above the Falling Channel After a long period of declining prices, marked by a bearish wedge pattern, the popular meme coin Book of Meme (BOME) has begun to rebound.  BOME price bulls have regained momentum after a downturn, which saw the bears push the price down to the $0.008126 support zone. The double bottom formation has given the bulls the boost they needed to lift the price above the falling wedge. BOMEUSD Analysis .(Source: Dextools.io) Additionally, the BOME price has surged above the 50 Simple Moving Average (SMA), breaking out of the bearish channel. This shift in momentum indicates an upward trend, with bulls pushing the price higher i...

Top Crypto Gainers Today Jun 27 – Axelar, Flare, Injective, Convex Finance

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This Friday at 8 AM UTC, Deribit, the leading crypto derivatives exchange, will witness an eye-popping $10.18 billion in Bitcoin (BTC) and Ethereum (ETH) options expiring. This amounts to over 40% of Deribit’s total open interest, currently exceeding $23 billion. Such colossal quarterly expirations typically trigger heightened market volatility , with traders scrambling to adjust their positions, making price movements highly unpredictable. According to Luuk Strijers, Deribit’s CEO, $2.7 billion of these options are poised to expire profitably (in-the-money) out of a total notional value surpassing $10 billion. This imminent event will shake the market significantly as traders brace for potentially massive shifts. Despite recent decreases — Bitcoin down nearly 9% and Ethereum almost 10% this month — investors are actively pursuing higher premiums for call options. This suggests a bullish sentiment, hinting at expectations for a market rebound despite recent pric...

Master Of Scams: Metallica’s Hacked X Account Promotes Solana Token

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Nearly a month after Caitlyn Jenner launched her JENNER token, the celebrity memecoin frenzy continues. This time, iconic heavy metal band Metallica joined the list of public figures involved with Solana tokens. However, the band’s participation in the crypto industry was yet another X account hack targeting investors. Related Reading Will Bitcoin Have A ‘Red Monday, Green Week’? Analyst Sets $63,500 Target 1 day ago Solana-Based METAL Takes Over Crypto The iconic heavy metal band Metallica recently announced a collaboration with the popular videogame Fortnite. The collaboration seemingly aims to bring the band’s music to a new demographic of music enjoyers. Nonetheless, the announcement was eclipsed by the Metallica X account’s failed “attempt” to “join” a different community. On Tuesday night, the account shared a post offering a Solan...

Bitcoin whale sends Julian Assange 8 BTC to pay for private jet

WikiLeaks co-founder Julian Assange has arrived back in his native Australia debt-free after eight Bitcoin s worth roughly $500,000 were sent to a fundraiser covering the costs of his private jet.  As reported by Alistair Milne, the CIO of Altana Digital Currency Fund, an anonymous donor sent 8.0717 Bitcoin s worth over $494,000 to an address listed on the Free Julian Assange site. This is in addition to the £345,992 ($437,925) sent to the Crowdfunder set up by Julian’s wife, Stella. She and Julian needed $520,000 to pay off the Australian government for providing the charter flight that took him to Saipan and then on to Australia.  Assange pleaded guilty on Tuesday to one count of espionage in a Saipan court as part of a plea deal. He has since landed back in Australia a free man.  Scroll down for crypto wallets: #AssangeJet #AssangeFreehttps://t.co/PLxHIxwssl https://t.co/BXBh4KI2RZ — Stella Assange #FreeAssangeNOW (@Stella_Assange) June 26, 2024 Stella Assange shari...

Best Meme Coins To Buy Tuesday, June 25 – Befe, Safemoon Inu, TokenFi, Sealana 

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Meme tokens usually have affordable price tags, enabling traders to buy them in large quantities. Our primary aim is to evaluate the performance of these tokens and the returns they give to investors. We will delve into several meme coins poised to potentially deliver substantial ROI. Moreover, the total market cap of meme coins has demonstrated a strong recovery, surpassing $50 billion despite Bitcoin’s extended drop . This article highlights Befe, Safemoon Inu, and TokenFi. Meanwhile, Sealana has reached a significant milestone by raising over $5 million. Investors have a final opportunity to participate as it goes live today.  Best Meme Coins to Buy Now Furthermore, Befe has established itself as a utility meme coin that integrates practicality and memes. It leverages strategic integrations with multiple blockchain ecosystems, including Ethereum and Binance Smart Chain. It also leverages the ecosystem of Bitgerts, including its merchandise, NFT, gaming, and other prod...

Meme Coins Soar 6% In 24 Hours As Popcat And Mog Coin Explode

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The market cap for meme coins surged more than 6% in the last 24 hours after Popcat (SOL) POPCAT and Mog Coin (MOG) exploded.  POPCAT saw its price soar over 60% throughout the past day of trading. This meteoric rise pushed the crypto’s price to $0.3978 as of 4:00 a.m. EST. Similarly, MOG recorded an impressive 24-hour gain of more than 44% to boost its trading price to $0.000001393. BENDOG, PSPS And APU Join The Top 5 Gainers List Ben the Dog (BENDOG) emerged as the third best-performing meme coin throughout the past trading day. During this time, the crypto experienced an over 34% uptick in price.  BobaCat (PSPS) recorded a smaller but still impressive gain exceeding 22%. Close on its heels is Apu Apustaja (APU), with a similar sized 24-hour gain.  Top performers in the meme coin market (Source: CoinMarketCap ) For POPCAT and MOG, the recent price surges were an extension of their respective weekly performances. Meanwhile, BENDOG’s substan...