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October 20, 2024
According to data from Dune analytics, 2,452,552 unique tokens have been deployed on the Pump.fun platform at the time of this writing. The team behind Pump.fun — a popular memecoin deployment platform on the Solana (SOL) network — recently announced a future token release and a newly upgraded trading terminal, dubbed “Pump Advance,” in an...
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Bitcoin’s bullish weekend price action could be a sneak peek of what’s to come this week. Will ETH, SOL, DOGE, and SHIB follow? Bitcoin (BTC) has risen roughly 9% this week, indicating solid buying by the bulls. The up move is facing resistance near $69,000 but the bulls are not exiting their positions in a...
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In an attempt to apologize publicly, the crypto influencer purportedly donated $2,000 to The Turtle Foundation — a conservation charity. The team behind the “Uptober” memecoin accused popular crypto influencer Jaypeg of perpetrating a promotional scam after allegedly receiving tokens to promote the project, selling the tokens, and subsequently denying the funds were received. Members...
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Bitcoin getting even against US stocks is a distinct possibility as a “highly effective” BTC price tool repeats a classic breakout signal. Bitcoin (BTC) is due to “regain the spotlight” as BTC price gains catch up with United States equities, new analysis says. In his latest blog post on Oct. 19, Caleb Franzen, creator of...
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The controversial social media figure has already been accused of insider trading and crypto market manipulation in the past. Most memecoins endorsed by controversial social media figure Andrew Tate have lost 99% of their value, raising concerns of potential insider trading. Tate jumped on the Solana memecoin bandwagon on June 7, endorsing over 10 tokens,...
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The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative. Tether’s United States dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential crypto rally. Tether’s USDt (USDT), the world’s largest stablecoin, surpassed the $120 billion mark...
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Bitcoin ETFs see record daily inflows as institutional investors drive adoption and BTC’s ongoing price surge. Spot Bitcoin exchange-traded funds (ETFs) in the United States witnessed their most significant single-day inflows in over 120 days on Oct. 14.  With more than half a billion dollars pouring into the funds, Bitcoin’s (BTC) price topped $67,800 —...
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Bitcoin whale accumulation, chart technicals, and a declining stablecoin dominance hint at a BTC price bull run ahead. Bitcoin’s (BTC) price has climbed 55% so far in 2024, including 12.50% gains in October. Its recent increases have been fueled by an overall improving risk-on sentiment led by better-than-expected Wall Street earnings. BTC/USD daily price chart....
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The unknown crypto trader only invested $3,000 into a new Solana-based memecoin before its price rally. A savvy cryptocurrency trader has profited over $9 million on his initial altcoin investment, showcasing the potential of memecoin trading. The savvy trader made a 3,000-fold return on his investment in the Solana-based Numogram (GNON) token, a low-market capitalization...
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A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.” Just over $50 billion worth of Ether is currently locked in accumulation wallets — nearly 65% more than the beginning of 2024, according to a crypto analyst. “By...
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