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Presidential candidate Donald Trump survived an assassination attempt over the weekend, triggering a surge both in memecoins and his chances of winning the 2024 election. According to crypto betting site Poly market , Trump currently has a 72% chance of winning the presidency, while Biden only has an 18% chance of victory. Since the assassination attempt, Trump’s chances have accelerated significantly. Source: Polymarket At the same time, MAGA (TRUMP), the biggest Trump-inspired memecoin project on the market , is up 27% since the shooting and was at one point up 81%. TRUMP has since cooled off and is trading for $8.02 at time of writing. Once a crypto skeptic, Trump has since pivoted on the technology, referring to himself as “the crypto president” and garnering the support of much of the industry. A recent poll by investment firm Paradigm found that Trump’s pro-crypto stance is helping win over Republican voters, and that crypto and fi...

In early July 2024, the crypto markets found themselves in a precarious position as numerous prominent cryptocurrencies – with Bitcoin (BTC) spearheading the trend – entered into a collapse both large and rapid. The first days of the month saw two major shocks. First, some $130 billion escaped from the asset class’ market capitalization within a single day, and then, just hours later, almost as much was wiped within 60 minutes. The downturn also saw the cryptocurrency market fall below a total capitalization of $2 trillion for the first time since late February. By press time on July 5, the total valuation of cryptocurrencies stood at $1.96 trillion . Picks for you Analyst sets Bitcoin's July best-case scenario amid BTC sell-off acceleration 57 mins ago ...

Bitcoin (BTC) has touched a one-month low as significant outflows from digital-asset investment products and concerns over prolonged high US borrowing costs impacted the cryptocurrency market. The largest digital asset dropped by as much as 2.7% on June 18, reaching a level last seen in mid-May, before recovering slightly to trade at $65,266. This decline saw Bitcoin drop to a crucial support level of the 50-day moving average, indicating a short-term downtrend in the crypto market . Bitcoin drops below its 50-day moving average. Source: Bloomberg In the second quarter, traditional asset classes like stocks and bonds have delivered better returns than Bitcoin, which has dropped about 5%. According to Bloomberg , global equities, fixed income, and commodities have all outperformed Bitcoin, highlighting a potential slowdown in the cryptocurrency market . Picks for you ...

The cryptocurrency market is poised for a significant turnaround, which could drive Ethereum (ETH) and altcoins to previous all-time highs. The shift happened as June 12’s U.S. Consumer Price Index (CPI) data came in lower than expected. According to Michaël van de Poppe, CIO & Founder of MN Trading Consultancy, this could be a “massive sign” for altcoins and Bitcoin (BTC). Notably, the professional trader highlighted finance data as a leading indicator for this bullish stance in a post on X. “The Dollar and Treasury Yields are dropping significantly as the markets are expecting rate cuts to be happening.” — Michaël van de Popp Picks for you Merlin Chain revolutionizes Bitcoin yields with DeFi opportunities 45 mins ago ...

The European Union’s financial regulatory body, the European Securities and Markets Authority (ESMA), is considering incorporating cryptocurrencies such as Bitcoin (BTC) into the region’s vast investment landscape.  In this regard, the authority is focusing on possible Undertakings for Collective Investment in Transferable Securities (UCITS) that can diversify their portfolios to include crypto currencies among other asset classes.  In a guideline published on May 7, ESMA initiated discussions with industry experts to gather insights and opinions on the feasibility and possible impact of integrating cryptocurrencies into UCITS.  Picks for you President Biden to veto regulated crypto custody legislation 2 hours ago Bitcoin triggers hidden buy signal; Is BTC set for explosive rally? 2 hours ago Donald Trump says he’s ‘fine with crypto,’ slams Biden not understanding it 3 hours ago R. Kiyosaki warns the dollar ‘is screwed up’ and ‘it’s going t...

SEC issued a Wells Notice againast Robinhood, alleging securities violations. Crypto prices reacted lower, with Bitcoin (BTC) retreating to under $64,000. KangaMoon (KANG), a new crypto project for play-to-earn and SocialFi, continued to attract investors. Robinhood Markets Inc., the company behind the popular stock and crypto trading app, revealed it received a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4. While the news impacted the crypto market , with Bitcoin dipping from intraday highs above $65,000, analysts are bullish on BTC and other top altcoins. There’s also a lot of positive vibes around new crypto project KangaMoon (KANG). SEC slaps Robinhood with a Wells Notice The crypto market reacted lower on Monday after news that the US Securities and Exchange Commission (SEC) has issued a Wells Notice to popular trading app Robinhood. The SEC alleges securities violations against Robinhood Crypto. In response, the co...

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 ...

Starknet (STRK) price swung sharply as trading opened on major crypto exchanges. The Starknet Foundation’s distribution of STRK to eligible airdrop participants started at 12:00 UTC. The price of STRK, the native token of Ethereum Layer-2 platform Starknet, has dropped sharply after its market debut . On the Crypto exchange KuCoin, STRK rose as high as $5 before swiftly falling to lows of $2.10. Meanwhile, data on CoinGecko showed the token’s value rose to $4.41 on most exchanges but also fell sharply – STRK declined 47% to $2.30 and was changing hands around $2.66 at the time of writing. STRK trading and distribution live The Starknet (STRK) price performance comes after the token’s distribution went live today February 20. Over 700 million tokens airdrop ped to 1.3 million addresses are now available for claiming, the Starknet Foundation announced on Tuesday. At the same time, STRK began trading on major exchanges, including Bina...

Zero fees now apply to all crypto spot trading on the BITmarkets exchange. BITmarkets stated the move aligns with its dedication to improving the trading experience for its community of traders. BITmarkets has listed over 100 coins that users can trade at a 0% fee. Centralized crypto trading platform BIT market s has taken a rare step by eliminating all fees related to spot trading for cryptocurrency enthusiasts. BIT market s announced this development in an official statement on its website, noting that zero fees are now applicable to all crypto spot trading. Per the notification, BIT market s has embarked on this 0% fee on spot trading as part of its dedication to improving the crypto trading experience for its community of traders. In effect, the exchange kicked off 2024 on a fee-free note. Furthermore, the BITmarkets team remarked that the initiative aims to invite the broader crypto community of investors and traders into the expanding BITmarkets eco...

Binance saw its market dominance slip 5% in 2023 followning the impact of regulatory issues, including ex-CEO Changpeng Zhao’s resignation. A TokenInsight report however shows the exchange remains top by market share. Meme Moguls, on the other hand, is a new meme-backed trading platform seeing huge interest from crypto enthusiasts during its presale.  Binance remains the largest crypto exchange by market share, despite facing a 5% dip amid regulatory issues. A new TokenInsight report also highlights that the exchange’s market share rose steadily after dipping to around 32% in November. Meanwhile, Meme Moguls (MGLS), a new exchange bidding for dominance as the world’s first meme-based trading platform, continues to strengthen its future outlook amid huge interest in its presale. Report shows Binance market share dropped 5% in 2023 Binance’s place as the world’s largest crypto trading exchange by market share came under thr...

Explore the tumultuous journey of cryptocurrencies from 2022’s crashes to 2023’s cautious optimism amidst market volatility and regulatory shifts. Since their inception, crypto assets have been commanding headlines, with their volatile nature painting a breathtaking, yet sometimes terrifying, picture for investors worldwide.  However, beneath this market’s faсade of extreme ups and downs lies an intricate tapestry woven by factors far beyond just numbers on a screen. Are they simply victims of their inherent boom-and-bust cycles, or do they bear the brunt of regulatory overreach?  Crypto market cap in 2022-2023 | Source: CoinMarketCap Boom and bust cycles in crypto industry The cryptocurrency landscape of 2022 was a whirlwind. Tokens like Celsius (CEL) and Terra (LUNC) reached dizzying heights, riding the wave of investor optimism.  However, as these digital entities crumbled into obscurity, they symbolized the turbulent nature of the crypto market...

Shiba Inu has removed over 260 million tokens in the past 24 hours. PEPE Coin’s market cap approaches $500 million. Memeinator’s MMTR token presale gains traction, featuring regular price increases. There have been significant developments in the world of meme coins with Shiba Inu (SHIB) witnessing a remarkable surge in burn rate, PEPE Market Cap approaching $500 million, and Memeinator’s MMTR token gaining momentum during its presale. In this article, we delve into the latest occurrences surrounding Shiba Inu (SHIB), PEPE Coin, and the Memeinator (MMTR) token . SHIB burn rate skyrockets by 20,000% The Shiba Inu (SHIB) community is abuzz with the recent surge in token burn rate. According to data on the Shibburn website, SHIB’s burn rate skyrocketed by a staggering 20,000%, resulting in the removal of over 260 million token s in the past 24 hours. This record-breaking burn rate, unseen in the last two months, underscores the commit...

The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations. Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several “less liquid markets,” affecting tokens such as Eos (EOS), 0x Protocol (ZRX), Aave (AAVE), Algorand (ALGO), Internet Computer (ICP), Monero (XRM), Tezos (XTZ), Zcash (ZEC), SushiSwap (SUSHI), THORChain (RUNE), Synthetix (SNX), Enjin (ENJ), 1inch Network (1INCH), Celo (CELO), Yearn.finance (YFI), and Uma (UMA). dYdX triggered its insurance fund to cover users’ trading losses on Nov. 17 after a profitable trade targeting long positions on the YFI token caused the liquidation of positions worth nearly $38 million. dYdX founder Antonio Ju...

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...