Author: CryptooTimes
Meme coin mania has swept the cryptocurrency market, captivating investors with its blend of humor, speculation, and unexpected gains. At the time of writing, the sector boasted a market capitalization of more than $66 billion and a 24-hour trading volume of $5.3 billion. Looking at data from crypto price tracking website CoinGecko, the meme sector’s market cap is markedly higher than that of other popular crypto narratives such as AI, DePIN, and layer-2. Let’s look into the recent trends and forecasts for some of the most talked-about meme coins: Dogecoin (DOGE) Shiba Inu (SHIB) Pepe (PEPE) The politically-charged Super Trump…
The government seeks a collaboration to research and develop the technology further. Source link
The first version of the network, built on the Arbitrum Nitro tech stack, will start in June to test cross-chain settlements in a publicly transparent manner. The full-fledged Gravity Mainnet with native staking and restaking aims to go live in the second quarter of 2025. The reason for creating Gravity, said the Galaxe team, is that the platform’s user base has significantly grown over the past three years, now counting 20 million users and 100 million monthly transactions. This required a more efficient and scalable solution to manage cross-chain interactions between 34 blockchains that Galxe supports. Source link
Last week saw divergent trends among the top cryptocurrencies. While Bitcoin (BTC) suffered declines, with most altcoins following suit, a select few assets posted significant gains, continuing the rallies initiated two weeks before. However, despite some cryptocurrencies recording gains, Bitcoin’s price drop negatively impacted the broader market valuation. Consequently, the global crypto market cap decreased by 1.16% to $2.54 trillion. Here are our top cryptocurrency picks to watch this week following their notable performances last week: NOT, AXS and TIA prices – June 2 | Source: Santiment NOT spikes 304%, tops gainers list Notcoin (NOT) stole the show last week.…
Bitcoin price action could remain sideways for longer, but BNB, AR, XMR, and TIA may see some short-term gains. Source link
“The price will likely show no clear direction until Friday’s U.S. PCE announcement, and it could be a make-or-break event for bitcoin,” bitBank said in an email. “If the inflation data comes in hotter than expected, bitcoin could give up about a half of its gain in the past two weeks and decline to around $65,000.” Source link
Today’s edition of the weekly recap: Industry leaders discuss crypto and U.S. regulations at Consensus 2024; Binance founder Changpeng Zhao begins his jail term; fraud schemes and rug pulls rock the industry; plus: a slew of venture capital activity. Consensus 2024 Cathie Wood suggested that Bitcoin (BTC) was irreplaceable at this year’s Consensus, placing it above all other crypto assets. This contrasts Cardano founder Charles Hoskinson’s stance that Bitcoin could be replaced by “another digital gold.” Tom Emmer, Majority Whip of the U.S. House of Reps, slammed the U.S. SEC Chair Gary Gensler for his regulatory approach. Emmer stressed that…
BTC price action sees manipulatory moves into the monthly close, with Bitcoin bulls unable to clinch a key resistance flip in time. Source link
The bullish interpretation of the rising ratio is consistent with positive call-put skews across time frames. As of writing, the seven-day skew stood at 2% while the 30-, 60-, 90- and 180-day skews returned a value of over 5%, according to Amberdata. That’s a sign of the relative richness of calls or bullish bets. Source link
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As it gained traction in the crypto industry, real estate tokenization is classified as a security in most jurisdictions with developed financial regulations, such as the United States, European Union, United Kingdom, Australia, and others. In this article, I focus on the limitations of tokenization-securitization and explore why the concept of tokenization should aim to digitize property rights instead of penetrating the very heart of land registries. In my previous article, I outlined the idea of the…
