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PEPE Cryptocurrency Se­­es 17% Crash, But Whales Bet Big on Te­­nfold Surge Ahead

You are here: Home / News / Altcoin News / PEPE Cryptocurrency Se­­es 17% Crash, But Whales Bet Big on Te­­nfold Surge Ahead In rece­­nt weeks, PEPE, a meme­­ cryptocurrency inspired by a famous cartoon frog, has captured significant atte­­ntion in the crypto market. Since June­­ 6, the token’s supply has decre­­ased from 171.93 trillion to 170.18 trillion, coinciding with a 17% price crash. Despite­­ this downturn, large-wallet investors have...

XRP Price Beats BTC: Surging Higher and Aiming for More

XRP price is gaining pace above the $0.6320 resistance zone. The price is up over 6%, outperforming Bitcoin, and might rise further toward $0.6750. XRP price is gaining pace above the $0.6320 zone. The price is now trading above $0.640 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.640 on the hourly chart of the XRP/USD pair (data source from Kraken)....

BlockDAG’s Leadership Unveil – Crypto Market Titans Behind Game Changing Presale Challenge VeChain and Optimism’s Growth

With the cryptocurrency market rebounding from earlier volatility, both Optimism (OP) NFT trading and VeChain (VET) price predictions are trending upward. However, Maker (MKR) and Arbitrum (ARB) have seen their early quarterly gains diminish. In this dynamic market, BlockDAG emerges as a top pick for investors, thanks to its ambitious vision. The project’s presale has impressively amassed over $62.8 million, fueled by the unveiling of a high-caliber CEO and team...

Is Cardano (ADA) in Danger of Being Overvalued? Key Indicators Raise Concerns

According to historical data, Cardano (ADA) may be approaching overvalued territory. This comes after an impressive 180% price increase over the last 30 days. For some investors, the timing might seem premature, especially with the much-anticipated altcoin season just beginning. However, on-chain indicators suggest that ADA might face a correction before establishing new highs. Cardano Metrics Flash Bearish Signs One key metric suggesting that Cardano could soon be overvalued is...

Euro stablecoin market surges under MiCA

The European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is gradually coming into effect in line with its planned implementation timeline. The initial set of regulations, which took effect on July 1, focused on stablecoins and their issuers. These clear guidelines have both cleaned out the market of players not able to meet regulatory requirements and created a favorable environment for stablecoins pegged to local currency. One example is a...

Bitcoin Reaches $70K, Will The All-Time High Breakout Pump BTC Price To $100K?

Following the shake-out and hype of Donald Trump’s speech on pro-crypto regulations last Saturday, the BTC price is back on track. With an intraday gain of 2.57%, the biggest crypto has now reached the $70K mark.  Last witnessed in early June, the BTC price marks out a quick V-shape reversal pattern, revealing the massive underlying demand. Surviving the Mt. GOX threat and the early drop in Ethereum ETFs, the uptrend...

XTZ Refreshes Decade Old Roadmap, As 100x Raboo Sets To Replace LINK On Binance

Tezos (XTZ) announced that it launched a significant upgrade of its original plan in 2010, offering new prospects to the strategic plan. On the other hand, Chainlink (LINK), famous in the blockchain industry, has declined relatively recently and needs to perform better to maintain its market rank. Raboo, a relatively new crypto, is set to replace LINK on the Binance exchange in an exciting turn of events. This transition marks...

Bitcoin reserves on exchanges reach a 6-year low

Exchange outflows of $2.7B in Bitcoin highlight shifting investor behavior amid ETF milestones and declining on-platform balances. Key Takeaways Bitcoin reserves on exchanges have dropped to 2.3 million, the lowest level since November 2018. Data from CoinGlass shows $2.7B in weekly outflows and $7.58B in monthly outflows as confidence in Bitcoin grows with ETFs now holding 1 million BTC. Bitcoin reserves on exchanges have fallen to their lowest level since...

Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum

Franklin Templeton has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum’s Arbitrum, marking its third blockchain integration. The FOBXX fund, launched in 2021, is a pioneer in using public blockchains for transactions and fractional ownership, contributing nearly US$2 billion in traded value. Franklin Templeton ranks third in the tokenised government securities market, with over US$400 million in assets under management (AUM). One of the largest asset managers...

Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU 

In the latest development, Paxos, the leading regulated blockchain and tokenization infrastructure platform, has announced that it has agreed to acquire Membrane Finance (Membrane), an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition is subject to regulatory approval. Upon completion of the acquisition, Paxos will be a fully licensed EMI in Finland and the EU. This acquisition will allow Paxos to expand its globally regulated platform to...