Snek (SNEK) is a memecoin that was recently launched on the Cardano blockchain. Typically, Charles Hoskinson posts about the latest developments in the Cardano ecosystem. However, lately, the founder of Cardano tweeted about the new memecoin. The community didn't miss the sudden interest of the founder in SNEK, especially at a time when memecoins are all the rage.
On May 12th, PitchBook, a capital market analysis company, published a concerning report regarding venture capital investments in the crypto sector. The document suggests that venture capital firms are less inclined to invest in the emerging industry. It turns out that the number of venture capital deals with crypto companies has decreased globally. Let's delve into the findings of PitchBook's report.
An anonymous analyst predicts an increase in the value of the SUI token, suggesting buying at around one dollar. They also recommend investing in Pepe, despite its controversial reputation, and believe that Chainlink could be a good buying opportunity once it emerges from its long accumulation period. Keep a close eye on them!
So far, it has been a year of strong performance for the leading cryptocurrency, with prices generally on the rise. And for many analysts and Bitcoin enthusiasts, this trend is expected to continue. However, others are a bit more cautious due to the economic context and its impact on the crypto market.
The issue of tax evasion is increasingly being debated. It's one of the key issues in the regulation of crypto within the EU. Stakeholders want to speed up the process of adoption.
Crypto exchange crashes like FTX have always been preceded by massive currency transfers. However, some observers claim that large volumes of Bitcoin have been leaving exchanges such as Binance recently. Is this the beginning of the end for this giant and its peers?
Ed Zitron, CEO of EZPR, believes that the metaverse is dead. However, Epic Games CEO Tim Sweeney disagrees, stating that nearly 600 million monthly users are happily immersed in the virtual world right now.
Nicholas Merten, a widely followed crypto analyst, recently sounded the alarm by stating that the massive sale of stocks by investing legend Warren Buffett does not bode well for financial markets, including Bitcoin. According to him, the current rally in the cryptocurrency is sorely lacking in price models to support a short-term uptrend, making a significant price increase unlikely.
Despite the ongoing global economic crisis, the cryptocurrency space continues to grow. Evidence of this can be seen in the number of countries that have already adopted cryptocurrency. However, there are still others who remain skeptical about promoting investment in Bitcoin. Such as Ireland. According to the governor of the Central Bank of Ireland, Bitcoin is a Ponzi scheme.
One of the biggest fears of crypto players is that a blockchain will be attacked. This situation almost always results in significant losses and undermines investor confidence in the crypto industry. However, there have been recent rumors circulating about the possibility of a denial-of-service (DoS) attack on Bitcoin. It should be noted that this type of cyberattack makes transactions very difficult by disrupting the functioning of the affected network. Bitcoin maximalists have decided to react to ease concerns.
Two Bitcoin developers are stepping up to the plate to criticize the increased transaction fees caused by BRC-20.
Blockchain analysis platform Santiment is optimistic about the upcoming price increase of five cryptocurrencies. However, the context favors a significant decrease in altcoin prices compared to Bitcoin (BTC). Nevertheless, Santiment believes that Litecoin (LTC) and four other altcoins are undervalued.
In recent weeks, interest in cryptocurrencies has certainly increased among users. This includes Bitcoin (BTC). Memecoins like Shiba Inu are concerned too. However, this interest doesn't seem to be shared by all users.
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!
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.
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.
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.
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.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
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?
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 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.
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.
The Ethereum Merge is expected to reduce the energy consumption of the most attractive blockchain of 2022 by 99.5%, but it will not decrease average transaction fees. This has disappointed many users. We are currently seeing a wave of migrations to chains compatible with the Ethereum Virtual Machine (EVM).
Litecoin celebrated its 11th anniversary last October. Even though the crypto market seems more unstable than ever, its creator Charlie Lee remains convinced of its value. At least, that's his main message in a Litecoin prediction shared through a series of tweets.
After months of development, the Sui blockchain's mainnet was officially launched on Wednesday, May 3rd. The network's native asset, also called Sui, has also entered the crypto market. Several crypto exchange platforms are already clamoring to list it.
After a particularly successful event last year, Avalanche is back with its famous Avalanche Summit in Barcelona, the catalan capital. As always, Avalanche is going all out and Cointribune is excited to bring you the latest news directly from the heights of Barcelona in the heart of the beautiful Poble…
The hashrate of Bitcoin broke its record on Tuesday, May 2. How can we explain such a sudden increase?
Banks are falling like flies as the Fed finishes raising rates. Hard to imagine a more favorable situation for Bitcoin.
It's time for Deskoin to get a makeover. After several weeks of hard work, its developers (finally!) present a new version of the platform. Several features are now available to users. You will find all the details in this article.