Celebrity Memecoins on Solana: A Month of Hype and Decline
In June, 30 celebrity memecoins launched on Solana, but most have since lost significant value, with insiders profiting the most from these speculative tokens.
Cryptocurrency
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X Removes Crypto Emojis: Community Puzzled by Musk’s Move
Elon Musk’s X platform has removed several cryptocurrency emojis, including Bitcoin’s, leaving the crypto community confused and calling for a universal digital symbol.
Ethereum Faces Steep Decline After ETF Launch
Ethereum’s price dropped 8% to $3,150 following its spot ETF launch, causing $97.8 million in liquidations and outpacing Bitcoin’s $80.9 million in the last 24 hours.
Sky Mavis Upgrades Mavis Market for Enhanced NFT Trading
Sky Mavis introduces new features to its Mavis Market NFT platform, including an Add to Cart function and Global Search capability, improving user experience as the marketplace expands to 37 collections.
Telegram CEO Predicts Blockchain Boom in 2024
Pavel Durov, Telegram’s CEO, forecasts widespread blockchain adoption in 2024 and announces new features including a mini app store and Web3 browser, while the platform approaches 1 billion users.
Cardano’s Massive Surge in Whale Inflows Signals Bullish Trend
Cardano (ADA) experiences a 10,878% increase in large holders’ inflows within a day, indicating renewed investor interest and potential for price recovery.
SEC Approves Ethereum Spot ETFs
The SEC has approved multiple Ethereum spot ETFs, allowing traditional market investors to gain exposure to the world’s second-largest cryptocurrency, marking a significant milestone in the crypto investment landscape.
Trump Admin Could Make Bitcoin a Strategic Reserve Asset
Asset manager Bryan Courchesne suggests that a future Trump administration might adopt Bitcoin as a strategic reserve asset, sparking debate about the cryptocurrency’s potential role in national finances.
XRP’s 6-Year Stagnation: A Warning for Altcoin Investors
XRP’s price remains unchanged over six years, contrasting sharply with Bitcoin’s growth and highlighting the risks of altcoin investments.
Gate.io Exits Japan: Crypto Exchange Halts Services
Gate.io announces the termination of its services in Japan, citing regulatory compliance as the primary reason. The exchange will assist users in migrating assets to compliant platforms.