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In a surprising change of events in the world of cryptocurrency, the Central African Republic’s president, Faustin-Archange Touadéra, took to social media to declare the launch of a new meme token, $CAR. The announcement has sent the crypto world into a frenzy, with the token seeing an eye-popping rush of price gains, which saw it … Read more
In the world of cryptocurrency, where trades can be extremely risky, one whale recently took a shellacking. The bitcoin and Ethereum whale known as 0x560 made a poor bet on a new project called $VIRTUAL, a token that has seen some turmoil and no shortage of drama since its debut. The 0x560 wallet bought nearly … Read more
To restore transparency to its fund recovery process, WazirX, one of the top cryptocurrency exchanges in India, has let the public know how many people it owes money to, and how much it owes them. The company published this information in a blog post on its website. The figures were accurate as of July 18, … Read more
A newfound confidence is evident in a growing whale’s appearance in the world of decentralized finance (DeFi), where it’s making quite a splash by amassing a large quantity of the governance token for the MakerDAO ecosystem—$MKR. Over the last day, this whale has been buying up the token in a series of high-value trades that … Read more
Currently, the third-largest cryptocurrency by market capitalization, Cardano ($ADA), is showing potentially auspicious signs of a price rebound. A major technical indicator is flashing a buy signal. The TD Sequential, a well-regarded tool for identifying trend reversals, is suggesting that a market entry or re-entry might be a smart move for ADA investors. “The overall … Read more
A platform for launching tokens that operates on the Solana blockchain, Pumpfun, has recently disclosed to the public its intentions to launch its own token and conduct a public offering using the Dutch auction model. This move, which has not yet been executed by any other crypto project, was brought to light first by the … Read more
The world of cryptocurrency moves fast, and it isn’t uncommon for tokens to make sharp upward moves followed by just-as-sharp downward corrections. However, the recent ascent of $Jailstool—a meme coin launched by Barstool Sports founder David Portnoy—has some folks worried and others amused. The question on everyone’s mind, really, is whether $Jailstool can keep up … Read more
The sector of decentralized finance (DeFi) has had an impressive boost, with cumulative DeFi revenue projected to reach $2.7 billion in 2025. This represents a stunning 2600% increase over the revenue figure of under $100 million in April 2021. The nearly vertical growth curve seen in DeFi remains unparalleled in the history of finance, and … Read more
In a stunning introduction to the blockchain world, Berachain has attracted the attention of DeFi aficionados, gaining a total value locked (TVL) of $1.817 billion on its first day of operating. This swift rise has not only established Berachain as a meaningful DeFi player but has also vaulted it into the top 10 blockchains by … Read more
Dave Portnoy is defending his meme coin trading, rejecting crypto pump-and-dump accusations. Insisting that “Nobody is misleading anybody,” he questioned: “Do you go to jail for this?” Dave Portnoy Rejects Crypto Pump-and-Dump Accusations: ‘Nobody Is Misleading Anybody’ Barstool Sports founder Dave Portnoy is rejecting accusations that his recent meme coin trading resembles a pump-and-dump scheme, … Read more
