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The much-hyped Wall Street Bets meme-based cryptocurrency, Pepe Coin, has recently dropped in value, but a newly-released meme collection has sold for nearly $24 million. The NFT platform set a new industry record.
Data from July shows a major shift in the crypto landscape, with Kraken leapfrogging Coinbase in altcoin liquidity, dethroning the incumbent as the US’s most liquid altcoin exchange.
Cryptocurrency markets have long been dominated by the big “First Mover families” such as Bitcoin, Ethereum, and Litecoin – until now. Altcoins are starting to see a surge of interest, giving investors a way to diversify their crypto-portfolios and take advantage of the “head-and-shoulders” pattern emerging in altcoin prices.
Despite the recent spike in Bitcoin prices, the crypto-world remains tentative, with Bitcoin trading range-bound, and altcoins continuing to dip lower. The absence of fresh capital has added to bearish sentiment and kept many traders and investors on the sidelines.
Binance, one of the world’s leading cryptocurrency exchanges, has announced the listing of 34 new cryptocurrencies on its new platform in Japan. Starting on June 4, customers will be able to buy, sell, and trade a variety of tokens, including Ethereum, Bitcoin Cash, and more.
Crypto markets lost an average of $20B in daily market cap, as Bitcoin fell below the $29K mark. The top 20 cryptocurrencies by market cap, as well as the entire crypto market, have experienced a crash in prices this week.
Bitcoin SV & Bitcoin rose sharply in the past 24 hours, boosted by resurgent investor interest. BSV shot up 11% & BTC jumped to levels above $29K. The rebound came after weekend losses and suggests the crypto market is regaining momentum.
Polygon is taking an innovative approach to cryptocurrencies, with an eye on predicting the next big industry. Here are the top 5 MOONSHOT cryptos on the platform. Dig deep and look out for massive gains!
Solana’s massive 24% decline in price has left investors wondering what happened. Analysts suggest the slump follows increasing interest in BTC20, a more accessible token, which could explain the sudden sell-off.