The popular Solana-based meme coin, Book of Meme (BOME) has successfully retested its breakout level and is now poised for a notable upside rally. With this, the meme coin appears bullish and further gets support from on-chain metrics such as open interest, long/short ratio, and others. Book of Meme (BOME) Technical Analysis and Upcoming Levels ...Read More
A new “State of Crypto” report by venture capital firm Andreessen Horowitz (a16z) shows that the blockchain space achieved all-time highs for usage and activity. According to the paper, 220 million addresses interacted with a blockchain at least once in September 2024, a figure three times higher than that recorded at the end of 2023....Read More
The popular Solana-based meme coin, Popcat (POPCAT) is poised for a notable price decline as it flashes bearish price action on the daily time frame. The meme token has gained significant attention from crypto enthusiasts in recent days due to its impressive performance. POPCAT Technical Analysis and Upcoming Levels According to CoinPedia’s technical analysis, POPCAT...Read More
On October 15, 2024, Juan Tacuri, a senior promoter of the cryptocurrency Ponzi scheme Forcount, was sentenced to 20 years in federal prison and one year of supervised release. The Florida resident was also ordered to forfeit a home bought with scam proceeds, $3.6 million in assets, and pay an equivalent amount in restitution to...Read More
Stablecoin giants like USDT and USDC continue to strengthen their hold on the market, expanding their dominance and market share. However, a new contender is making waves – PayPal’s PYUSD. While still relatively smaller, this emerging stablecoin is gaining momentum, signaling a potential shift, as per recent data. Stablecoin Power Shift? According to a report...Read More
Historical data shows bitcoin (BTC) performing well in the fourth quarters of previous bull cycles, especially in halving years. Current on-chain data indicates that the leading cryptocurrency is following previous patterns and is on track to another remarkable Q4. A report by the market analytics platform CryptoQuant revealed that bitcoin’s price rally in the coming...Read More
The surge in meme coins significantly contributed to Tron’s record revenue of $151.2 million in Q3 2024. According to a report by Messari, the latest figure marks a 29% increase from the previous quarter. This growth can be largely attributed to the launch of SunPump, a platform designed specifically for launching meme coins. Activity on...Read More
Abstract: We look at Babylon, a Bitcoin based staking system which has already attracted inflows of almost 24,000 BTC. We compare Babylon to CoreDAO and note Babylon’s interesting usage of Tapscript spending conditions. We note that unlike Ordinals, Babylon is not using Taproot in a somewhat trivial way and is using it more in the...Read More
The Bitcoin price has been facing some bearish heat since the early trading hours after elevating the levels above the crucial support. While some may expect a pullback during the weekend, the crypto is believed to manifest a strong bullish action. The upcoming upswing is expected to push the prices above the crucial range of...Read More
