PEPE Hits 30-Day Low: Is This the End of Memecoin Madness?
PEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BernicePEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BerniceBinance NFT platform will cease Bitcoin NFT trading and deposits starting April 18th, 2024, at 14:00 GMT. Additionally, related airdrops and benefits will be terminated from April 10th, 2024. Users are urged to withdraw their NFTs before the specified dates to avoid potential losses.
Cheng YuanSolana experienced a significant 319% surge in Q1 2024, driven by increased memecoin trading on decentralized platforms. Despite this, challenges like a decline in DEX volume and active validators pose risks. However, announcements of token airdrops and potential yield opportunities offer optimism for Solana's growth in Q2.
SanyaNew Meme Coin "Bobaoppa" faces a rocky debut as high fees and founder's past raise concerns. Solana's Hump emerges, aiming for exponential growth. However, caution advised given founder's track record.
SanyaMemeland introduces Memenet, a blockchain dedicated to meme coins, aiming for a secure, cost-effective ecosystem. With plans for EVM compatibility and native revenue mechanisms, Memenet targets a September launch.
Cheng YuanThe Base network, supported by Coinbase, has experienced a surge in activity, particularly in memecoin trading. Transactions and trading volumes have reached record highs, with over 2.3 million transactions on March 30 alone. Decentralized exchanges on Base have seen unprecedented volumes, led by UniSwap. Memecoins have played a significant role in driving this surge, with speculation that Base could become a hub for such coins. However, this growth has also led to a significant increase in gas fees on the network. As Base continues to grow, sustaining its momentum will be crucial for its future success.
Cheng YuanWhile Dogecoin's surge is noteworthy, it also highlights the inherent volatility of meme coins, which may pose risks to investors.
BerniceMeme coins inspired by the legal drama surrounding Sam Bankman-Fried experienced rapid surges and subsequent crashes in value. Tokens like "Sam Baseman Fraud" and "Som Bonkmon Fraud" saw astronomical gains before plummeting, leaving investors with substantial losses. Despite the allure of quick profits, the speculative nature of these ventures poses significant risks, often resulting in disappointment for holders.
SanyaMunchables GameFi platform, operating on Ethereum Layer-2 via Blast, suffered a $63 million exploit, alarming the crypto-gaming community. The breach, meticulously executed, extracted 17,413 ETH and prompted concerns about blockchain gaming security. Pre-exploit, Munchables offered GameFi features, incentivizing users with Blast ETH and USD to farm rewards. The incident underscores the need for heightened security in crypto gaming. The aftermath entails addressing vulnerabilities and possibly advocating for industry-wide standards. This exploit serves as a reminder of decentralized app risks, emphasizing robust security measures' necessity.
SanyaPixelmon CEO Giulio Xiloyannis is taking a bold step towards revival by embracing fractionalized NFTs. Despite past setbacks, Pixelmon aims to rekindle interest with revamped artwork and a free-to-play model, rewarding NFT holders with royalties. However, challenges such as subjective IP ownership and community governance loom. Yet, growing support from the crypto industry signals optimism for Pixelmon's future.
BerniceBlackrock's aggressive fee reduction in the competitive ETF market sets a benchmark, but uncertainties surrounding SEC approval pose challenges. As the industry strives for lower fees, the outcome of the SEC's investigation will play a pivotal role in shaping the future landscape of spot Bitcoin ETFs.
Cheng YuanBlackRock, the world's largest asset manager, appoints Dennis Quah as Singapore Wealth head to strengthen its presence in Asia.
Beincrypto美国证券交易委员会的确认表明,对贝莱德(BlackRock)ETF提案的正式审查程序已经开始。
CointelegraphBlackRock’s filing renewed the hopes of several U.S. traditional finance firms. Here’s the list of companies that have resubmitted their applications.
cryptopotatoBailey, the CEO of BTC Inc. and a board member at the University of Alabama believes that BlackRock’s entry into the Bitcoin ETF market could tip the scales in favor of regulatory acceptance.
BitcoinistCould the world’s largest asset manager be the first firm to launch a Bitcoin spot ETF in the United States?
cryptopotatoOne of the world’s biggest asset manager has added bitcoin to one of the most preferred fund for ordinary and passive investors.
OthersThe move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access.
CointelegraphBlackRock, world's largest money manager has entered a partnership with crypto exchange Coinbase on Thursday. BlackRock now will be able ...
BitcoinistBlackRock CEO Larry Fink said in July that the firm saw "very little demand" for cryptocurrencies from investors.
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