Memecoins Surge While Bitcoin Struggles
TL;DR Memecoins Rally: In the past 24 hours, memecoins have defied the broader bearish trend, with tokens like WIF, BOME, and FLOKI leading the charge. Despite...
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Bitcoin ETF Fluctuations: Mt. Gox Impact and Long-term Outlook
TL;DR US Bitcoin ETFs are experiencing their biggest run of outflows to date. The outflows are due to selling pressure and upcoming returns from Mt....
Polygon (MATIC) Faces a Severe Profitability Crisis
TL;DR Only 5.63% of Polygon (MATIC) addresses are in profit or at breakeven, according to IntoTheBlock. MATIC has fallen 3.9% in the last 24 hours,...
Cathie Wood, CEO of Ark Invest, Endorses Trump for 2024 Election, Citing Economic Policies
TL;DR Cathie Wood, CEO of ARK Invest, has publicly endorsed former President Donald Trump for the 2024 presidential election, citing his economic strategies as the...
Jason Derulo Faces Backlash Over Meme Coin Promotion
TL;DR Jason Derulo faces criticism after promoting a meme cryptocurrency that fell 72% shortly after its launch. Derulo blames Sahil Arora and promises to rectify...
Bitcoin and Ethereum: Whales Take Advantage of Market Correction
TL;DR Bitcoin whales accumulated 20,600 BTC worth $1.38 billion on June 11 amid a crypto market correction. Ethereum hodlers purchased over 240,000 ETH valued at...
U.S. Bitcoin ETFs Face Significant Fund Outflows Amid Economic Uncertainty
TL;DR U.S. Bitcoin ETFs recorded a net outflow of $200.31 million on June 11. Despite recent outflows, the cumulative net inflow remains positive at $15.42...
UwU Lend Negotiates with Hacker After Losing $23 Million
TL;DR UwU Lend, a DeFi protocol founded by former Frog Nation CFO, Sifu, fell victim to a cyberattack. Resulting in a loss of $19.4 million....
The Crypto Exodus: Investors Embrace Long-Term HODLing
TL;DR Investor Shift: Bitcoin and Ethereum are being withdrawn from exchanges in large amounts, hitting a four-year low, signaling a shift from short-term trading to...
Io.net Launches Token on Binance and Opens Rewards Claim Period Amid Leadership Change
TL;DR Users of io.net’s Ignition Rewards Program can claim their rewards from June 11 to June 18, 2024. The IO token of io.net will be...