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Dogecoin (DOGE) whales have shown increased interest in the leading meme coin, accumulating the cryptocurrency in the past few days. In a week, these highly capitalized investors added over 1 billion DOGE to their stack, worth $157 million. Finbold retrieved this data from Santiment on June 4, filtering Dogecoin addresses holding between 100 million and 1 billion DOGE. Notably, the chart shows these whales currently hold 31.15 billion DOGE at $0.157 per Dogecoin. However, on May 27, the number was 30.10 billion, resulting in the bullish accumulation of 1.05 billion coins. Picks for you Interest for 'Onchain' term on Google hits record high in May 8 mins ago China buys up Gold as it dumps U.S. treasuries ...

The broader crypto currency market is in a bearish state, led by Bitcoin (BTC), which is grappling with maintaining its price above $60,000. Notably, the market has responded negatively in the short term to the Bitcoin halving event. However, there are indications that several cryptocurrencies may experience a surge in their market capitalization. While the possibility of achieving increased capitalization largely depends on the broader recovery of the crypto market, these assets retain several fundamentals likely to drive growth. In this context, Finbold has identified two digital assets likely to reach a market cap of $50 billion by May 2024. The cryptocurrencies fall under altcoins and can benefit from the anticipated altcoin season.  Picks for you Stablecoin Wars: Tether takes massive swipe at Ripple 6 seconds ago Opportunity? Will the 'Banana Zone' ignite a major altcoin bull run? 2 mins ago Boom or bust? Experts reveal Bitcoin price that ...

In a significant move to bolster the development of its network, the Hedera Council is allocating an additional 4.86 billion in its native HBAR token. The council, which oversees the running of the Hedera network, announced the decision, which underscores Hedera’s increased commitment to ecosystem development, in a Jan. 12 blog post. The Hedera Council has today announced that it has voted to give the board approval to allocate 4.86 billion HBARs of additional funds toward further development of the Hedera network and enabling its decentralized governance. The vast majority of that allocation – 4.248 billion … — Hedera (@hedera) January 12, 2024 According to the post, the lion’s share of this allocation, 4.248 billion HBARs, is set to be distributed amongst existing initiatives, including the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. The disbursement of these funds is planned for the first quarter of 2024 to the HBAR Foundation an...

Despite a modest stagnation over the last day, the majority of assets in the cryptocurrency market have still managed to record impressive gains, and Cardano (ADA) is no exception, with close to $2 billion flowing into its market capitalization in a single week. Specifically, Cardano’s market cap at press time stood at $12.40 billion , which is an increase of $1.93 billion or 18.43% from the $10.47 billion it amounted to seven days ago, according to the latest information obtained from the cryptocurrency monitoring platform CoinMarketCap on November 7. Cardano 7-day market cap chart. Source: CoinMarketCap Cardano price analysis Meanwhile, Cardano was at press time changing hands at the price of $0.3457, down 1.57% in the last 24 hours but still holding onto the 16.46% gain in the previous seven days and a more significant advance of 35.01% on its monthly chart, as per the most recent data on November 7. Cardano 7-day price chart. Source: Finbold It is also worth noting th...

Craig Wright, claiming to be Bitcoin’s creator, won a notable victory in a U.S. Appeals Court, sparking renewed discussions in the cryptocurrency community. Craig Wright, who claims to have created Bitcoin, recently won a big court case in the U.S. Appeals Court. The case was regarding Bitcoin that he and the late David Kleiman mined together over ten years ago. The court decided that Wright and Kleiman were not in a legal partnership. Now led by David’s brother Ira, the Kleiman family could not disprove the original court ’s ruling, and also had difficulty proving that Wright was obfuscating attempts at carrying out the legal process, and thus charges were dismissed. The ruling confirms a decision made by a jury in Florida in 2021, in which the jury decided if the Kleiman family had the right to half of the Bitcoin (BTC) fortune, worth up to $36 billion per Wright’s request for punitive damages. The court ruled that Wright’s lawyers erred in digging in ...