GameStop's resurgence fuels Solana meme token frenzy; GME and KITTY surge over 80%. Solana's low fees attract whale investors, driving network activity amidst cryptocurrency market pullback.
EdmundChiliz blockchain experiences a remarkable 49% surge amid CEO Alexandre Dreyfus' commitment to aggressive mergers. Inspired by peers, Chiliz eyes a robust Web3 presence. Despite reclaiming $0.10 and nearing a $1 billion market cap, the cautionary note emphasizes the 87.64% downturn from its all-time high and the significance of the $0.12 resistance-turned-support in shaping its future.
Cheng YuanThis week witnessed substantial net outflows from crypto investment products, notably from GBTC and BITO, as institutional investors shifted attention to newly approved U.S. spot bitcoin ETFs. Despite a decline in volume after the impressive debut, experts anticipate a clearer view of trading activity in the coming days. The $10 billion trading volume in the first three days indicates significant market interest and surpasses the combined activity of numerous ETFs launched in 2023.
Cheng YuanBitcoin's recent $5 billion sell-off, triggered by speculators, has rattled the crypto community. With Bitcoin facing a decline and market uncertainties, investors are on edge, closely watching regulatory shifts and macroeconomic data for potential impacts on the crypto landscape.
BernicePost-AI frenzy, tech stocks plunge, questioning AI's financial viability. Delayed GenAI revenue raises doubts, signaling a tech industry transformation.
Xu LinThe MUNGER token, initially soaring 31,000% post-Charlie Munger's death, has since crashed by 97.6%, underscoring the volatility of meme coins. Market activity and value have sharply declined, reminiscent of similar trends in other memecoins. The fate of tokens inspired by Henry Kissinger's death remains uncertain, but investors should approach with caution.
Cheng YuanNFT drainers like Inferno and Venom are commonly used to carry out phishing attacks involving compromised Discord servers and Twitter accounts. These drainers have been used to steal $73 million from more than 32,000 wallets — leaving 900 compromised Discord servers in their wake. We take a dive into the murky underworld behind this activity and look at who’s carrying out the attacks.
TheBlockEnter SNEK, an explosive meme coin on the Cardano network that recently slithered its way into the animal meme coin kingdom. How will its unique memetic appeal shape the future landscape of crypto?
CatherineThe SEC, CFTC and Department of Justice have settled or are hearing seven cases this year, with the suit against Ilya Lichtenstein and Heather Morgan being the most notable.
CointelegraphThe SEC, CFTC and DOJ have seven cases either resolved or ongoing this year, with the litigation against husband-wife duo Ilya Lichtenstein and Heather Morgan being the most high profile.
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