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Meme coins, initially created as lighthearted jokes, have taken the cryptocurrency world by storm, ballooning in value, gaining multibillion-dollar market caps, and attracting celebrity endorsements.  Despite their rapid rise, most meme coins lack fundamental value or unique use cases. Their primary appeal lies in community participation and entertainment value, leading industry experts to often dismiss them for their perceived lack of utility. However, Galaxy Digital CEO Mike Novogratz believes these tokens are becoming an essential part of the cryptocurrency landscape, capturing investor interest beyond just humor. In a recent post on X (formerly Twitter), he stated: Picks for you If you invested $1,000 in gold and Bitcoin after economist declared ‘crypto extinction’, you’d have this much 1 hour ago ...

April is a pivotal month for the crypto currency market , with the Bitcoin (BTC) halving event anticipated to trigger bullish trends extending to the broader sector. As the month progresses, a long-term prevailing bullish sentiment permeates the industry, with multiple digital assets showing potential for sustained buying pressure that could impact their market capitalization. Notably, some assets are nearing the $100 billion market cap threshold and are poised for potential rallies. Therefore, Finbold has identified two cryptocurrencies likely to surpass that mark.  These assets are already approaching the threshold, and their trajectory will depend on factors such as the continuation of the bull run and supply inflation. Picks for you Solana price prediction as network issues escalate 2 hours ago We asked Claude Opus AI to make a $100 crypto portfolio 3 hours ago 3 cryptocurrencies to watch for the week 4 hours ago Dormant Bitcoin whale activates a...

Base TVL is up more than 126% in the past month, up from around $405 million on February 25. TVL has reached $913 million amid meme coins frenzy and could hit $1 billion this week. The Total Value Locked (TVL) on Base, an Ethereum layer-2 protocol launched by Coinbase, has reached a new high above $900 million. Data on DeFiLlama showed the TVL stood at over $913 billion on March 25, up by more than 126% from $405 million on February 25. Bridged TVL was valued at over $1.15 billion . Base TVL on DeFiLlama Base meme coins send TVL soaring In the past few weeks, the spotlight has been on Solana-based meme coins. The likes of dogwifhat, Bonk Book of Meme, Slerf and Myro have dominated the market with massive gains. But Base meme coins have seen a decent spike in the past 24 hours, with data showing their market cap has increased more than 400% in 24 hours to nearly $1 billion. Buying frenzy has hit tokens such as Toshi (TOSHI), Degen (DEGEN) and Mochi (MOCH...

On the first day of every month, Ripple unlock s 1 billion XRP tokens from an escrow system using the XRP Ledger. On March 1 (Friday), the company will unlock $600 million worth of tokens in three transactions of 200 million, 300 million, and 500 million XRP. Interestingly, March 2024’s unlock accounts for 1.83% of the current 54.59 billion circulating supply. Moreover, accrues for 2.48% of the remaining 40.3 billion XRP tokens locked in escrows under Ripple’s control. Three escrows will reach finality in the last minutes of February 29, held by two known crypto wallet addresses Ripple owns. In particular, ‘Ripple (22)’ will unlock 500 million XRP, previously locked in January 2020. Picked for you Bybit integrates TradingView facilitating trades with new charting capabilities 7 mins ago TRON network skyrockets to 100 million addresses, dwarfing Cardano and Avalanche 58 mins ago The anatomy of a parabolic plummet: why this stock crashed hard 2 hours ago ...

It’s 2024, and the investment landscape is undeniably shifting – traditional safe havens like gold ETFs are experiencing notable outflows in contrast to Bitcoin ETFs, which have seen a substantial increase in interest since their debut at the beginning of the year. This change suggests investors are exploring new territories, possibly looking for alternatives that promise both security and growth in these uncertain times as we had highlighted in this article. In this narrative, Galaxy Fox ($GFOX) is also heading to a lucrative road, soaking up liquidity and selling out over 2.7 billion tokens throughout the presale. Why is crypto leaning from gold to $BTC, and how is $GFOX surpassing some of the best altcoins? Bitcoin vs Gold in 2024 In the year 2024, the difference between investments in gold and Bitcoin has become much more obvious. A total of $2.4 billion has been pulled out of gold ETFs, with the biggest amounts being $230.4 million and $423.6...

Despite the previous week’s rally, Bitcoin (BTC) has experienced a notable decrease in its price, which has led to a drop of 5% in its value in the last 24 hours, leading to a decline of $30 billion in its market capitalization. Bitcoin prices experienced a sudden decline of over 5% within just a few minutes, reaching a low of $41,500. Following eight consecutive weeks of positive performance, the flagship digital asset is now pausing its upward trend. Notably, this decline coincides with a low trading volume and liquidity period. Similar substantial decreases based on volume were observed multiple times throughout this year, as per a post from Barchart on X on December 11. Bitcoin 5% price decrease chart. Source: Barchart Subsequently, this price drop led to a decrease in the market capitalization of over $30 billion, falling from $848 billion to $814 billion, further impacting this crypto’s trading volume and liquidity. Decrease in BTC’s market capitalization. Sour...

The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the crypto firms lied to investors and concealed losses of over $1 billion. New York Attorney General Letitia James has sued Gemini, Genesis Global Capital and Digital Currency Group over allegations that the crypto companies de fraud ed over 230,000 investors, 29,000 of them from New York. Crypto companies lied to investors In the lawsuit the AG filed on Thursday, the companies perpetrated the more than $1.1 billion fraud scheme by concealing losses and repeatedly lying to investors. Gemini Earn customers were greatly impacted when Genesis paused withdrawals in December last year. I'm suing cryptocurrency companies @Gemini, @GenesisTrading, and @DCGco for de fraud ing 230,000 investors out of more than $1 billion .    This is yet another example of the harms of an unregulated crypto industry.https://t.co/ysLVm8nujr ...

As the bearish sentiment returns to the larger part of the cryptocurrency sector amid geopolitical uncertainties, XRP is no exception, having lost nearly $2.5 billion to its market capitalization in the last week alone, in addition to its price declining close to 9%. Specifically, XRP’s market cap seven days ago stood at $28.19 billion , whereas at press time, it amounted to $25.78 billion , which means it has dropped by $2.41 billion or 8.55% in a matter of days, as per the latest information retrieved from the cryptocurrency monitoring platform CoinMarketCap on October 11. XRP market cap 7-day chart. Source: CoinMarketCap XRP price analysis At the same time, the price of the XRP token has deteriorated by 3.06% in the last 24 hours, in addition to losing 8.96% to its value across the previous seven days and declining 0.53% on its monthly chart, and it is currently trading at $0.48, according to the most recent data. XRP 7-day price chart. Source: Finbold Meanwhile, one of t...