Memecoins are making a comeback as the cryptocurrency market experiences another bull run. Some find this exciting, while others view it as a sign of market exuberance. Many headlines are filled with exciting tales of traders making small investments in a token that later skyrockets into a multimillion-dollar windfall. However, for every successful trader, there … Read more
Tomorrow, April 18, is when Token2049, the yearly Web3 conference, will begin. However, attendees may face unexpected obstacles at the entrance as torrential rains have hit the desert city in the past few days, causing extensive flooding. In a normal year, this city receives only 9.5 cm (4 inches) of rain. Yet, over the course … Read more
BONK maintains a higher timeframe bullish structure, but is not likely to rally anytime soon. The liquidation charts signaled further losses were likely. The price of Bonk (BONK) nearly returned to its previous levels following the late February to early March surge. It is now below the mark set by the 78.6% Fibonacci retracement line. … Read more
The Reserve Bank of New Zealand (RBNZ) initiated a 101-day public discussion on their proposed principles and design choices for the country’s digital currency. Nevertheless, it’s important to note that the central bank intends to delve deeper into the matter of issuing a Central Bank Digital Currency (CBDC) in subsequent consultations. The Reserve Bank of … Read more
DOGE surges 4% with Elon Musk tweet amid memecoin frenzy. DeFi regulations could boost DOGE, paving the path to ETF eligibility. Amidst the latest cryptocurrency market downturn causing turmoil for most coins, Dogecoin [DOGE] experienced a slight surge among a handful of alternative coins. After Elon Musk’s latest tweet about dogs, the value of the … Read more
In the initial three months of 2024, the overall funding for Web3 companies experienced a significant surge of 55%, implying that venture capitalists’ enthusiasm towards cryptocurrency has rekindled. The first quarter of 2024 saw a significant surge: A 55% plus upswing in overall investments, as well as a 36% growth in the number of Web3 … Read more