The excitement is mounting in the crypto space. Anticipation of substantial growth has gripped investors’ focus, with several tokens poised to take center stage. As the bull run of 2024 unfolds, it’s crucial to watch certain cryptocurrencies that could shape the market. This article sheds light on the noteworthy cryptos that may experience significant movements,…
The recent price sell-off is considered to be a needed correction to wipe out the traders’ unrealized profits. In general, such sell-offs should be taken as a bottom signal in a bull market that can bring a trend reversal. After this sell-off, the traders’ unrealized profits have fallen dramatically, according to CryptoQuant data. Bitcoin is…
Excitement is building in the decentralized finance (DeFi) space as Octoblock prepares for its upcoming USDC airdrop. This highly anticipated event underscores Octoblock’s commitment to rewarding presale holders and fostering a robust and engaged community. What is Octoblock (OCTO)? Octoblock is a new protocol that seeks to provide an engaging, profitable, and socially impactful DeFi…
Bitcoin and Ether spot exchange-traded funds (ETFs) are set to receive the final approvals in Hong Kong as early as Monday next week. According to a recent Matrixport report, these investment products could unlock up to $25 billion in demand from Chinese investors through the Southbound Stock Connect program. However, the latest revelations and clarifications…
On April 12, Coinbase’s legal counsel filed a brief asking the court’s permission to seek an interlocutory appeal in its case. The controlling question was whether an “investment contract” requires something contractual. Coinbase believes it does, whereas the SEC disagrees. An interlocutory appeal occurs when a ruling by a trial court is appealed while other…
Cryptocurrency enthusiasts are buzzing with excitement as insider tips hint at a potential surge for Shiba Inu (SHIB), with predictions pointing towards a monumental rise to $0.01. Amidst this anticipation, a new contender has emerged in the form of Shiba Budz (BUDZ), priced at $0.04, offering investors a fresh perspective and a promising alternative in…
The Shiba Inu (SHIB) ecosystem has experienced a seismic shift in its token burn dynamics, registering an astonishing surge of 64414.29% in its burn rate over the past 24 hours. According to data from Shibburn, 659.3 million *SHIB* tokens were incinerated during this period, substantially reducing the overall supply and potentially reshaping the tokenomics of…
Implied volatility for Bitcoin options surged, indicating decreased confidence among market participants regarding price direction. Amidst bearish bets ahead of the April 26 options expiry, there’s speculation that the halving event might trigger a “sell the news” scenario, akin to the market reaction following the approval of spot Bitcoin ETFs in January. Bitcoin investors are…
The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion…
In the ever-expanding universe of cryptocurrencies, the rise of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) has captivated investors and traders alike. These tokens have not only generated massive returns but have also cultivated strong, vibrant communities. Now, in the spotlight of upcoming cryptocurrency presales, Option2Trade (O2T) is poised to capture the market’s…