PEPE has seen incredible success since its launch. Investors rushed to this token considered a joke. However, its market capitalization currently stands at $1 billion. But the downside is that after several months of success, PEPE is experiencing a significant drop. The proof: a price drop of this memecoin led to a major loss for a crypto whale.
In April, the price of Bitcoin reached the $30,000 mark. A level it had not reached in several months. The price of Bitcoin (BTC) subsequently dropped from this level. This episode seems to have demonstrated the relevance of the asset. For some, it has now become a rock that nothing can shake.
Anatoly Yakovenko, the creator of Solana, was recently interviewed on Token Terminal's YouTube channel. It was an opportunity for him to discuss the great capabilities of his blockchain. He declared that Ethereum's rival could meet global demands.
In 2017, an offshore exchange burst onto the crypto scene. Quickly rising to become a major player within the crypto industry, Binance is now showing signs of weaknesses though. Some dubious elements related to the centralization of BNB and the recent legal actions brought by the CFTC could well lead to the collapse of the colossus with feet of clay. So should we take the plunge to avoid a FTX-like scenario?
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
This prediction comes from Kevin Svenson, a crypto analyst with 126,000 followers on Twitter. He has stated that Bitcoin is gearing up for a bull run, and altcoins like LINK will follow it.
A major first in the history of the Bitcoin network. BRC-20 tokens based on the Bitcoin network via the Ordinals protocol currently have a combined market value of over $900 million. For members of the crypto community as well as analysts, this marks the rapid rise of an emerging asset niche on the most famous blockchain.
Matt Furie is the creator of Pepe The Frog, a cartoon character representing a “chill frog dude” that recently gained popularity in the world of cryptocurrencies. He stated during a live Twitter chat that he is not aware of the existence of Pepecoin. Known for his lawsuits against bad jokes about his iconic meme, Furie may take legal action again.
The Bitcoin network is experiencing intense activity with the speculative frenzy surrounding Ordinal's BRC-20. This influx has led to real network congestion, resulting in a drastic increase in transaction fees. Yesterday, block number 788695 set a historical record by reaching 6.7 bitcoins in fees, exceeding the 6.25 bitcoin block subsidy.
There is a heated debate going on in the crypto world about the centralization of Ripple (XRP) between supporters and detractors of this cryptocurrency. Justin Bons, founder of CyberCapital, has accused Ripple's leaders of making false promises of decentralization. But Matt Hamilton and David Schwartz are not backing down, and they vigorously refute these allegations. The debate is raging, and it doesn't seem to be stopping anytime soon!