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July 15, 2023 by cryptoadmin

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  • MOODENG price drops 14% to $0.2613 after 703% weekly rally

    Open interest has now dropped by 29.22%. Total holders crossed 75,000, with retail wallets under $10 doubling. Resistance remains at $0.355, with downside risk toward $0.180. MOODENG, the Solana-based meme coin, soared 703% in just one week, but has since retreated 14.02% from its recent high trading at around $0.2613. The rapid rise from under $0.04 to over $0.30 had propelled the coin to...
  • Mantra price forecast improves as Nansen joins as validator

    MANTRA price is up this past week, with OM trading more than 13% up in this time frame. Nansen has joined MANTRA as a validator. OM token crashed to near zero earlier in the year. MANTRA (OM) remains largely bearish despite a recent spike that sees the token trade above $0.43. While optimism has reentered the MANTRA Chain ecosystem following the devastating crash earlier...
  • Shiba Inu price rises 24% in 7 days, but short interest hints at reversal risk

    Bollinger Band Trend shows shrinking momentum. Long/short ratio falls below 1.0 as shorts gain. Price risks correction toward $0.000010. Shiba Inu (SHIB) has recorded a sharp upswing over the past week, climbing by 24% amid renewed investor appetite for meme coins. At the time of writing, the altcoin trades at $0.00001606, rising a further 3% on the day. Source: CoinMarketCap However, several market indicators suggest that...
  • SNX token rises as Synthetix moves to re-acquire Derive for mainnet perps

    Synthetix’s SNX token today jumped 11% amid $27M Derive re-acquisition news.
    Synthetix plans to merge Derive’s options stack into Synthetix’s mainnet perps. The proposal will involve swapping 27 DRV for 1 SNX, with Synthetix minting new 29.3M SNX tokens. Decentralised finance (DeFi) platform Synthetix has announced a $27 million token swap deal to re-acquire options trading platform Derive, a move that has catalysed...
  • Best crypto to buy as markets breathe easy on trade war de-escalation

    Emerging projects like Bitcoin Pepe are gaining momentum amid the broader crypto rebound. Bitcoin Pepe (BPEP) presale has maintained strong traction since its launch in early February. The presale has so far raised over $8.1 million, with BPEP tokens currently priced at $0.0326. The cryptocurrency market capitalization remains above $3.35 trillion on Wednesday, with Bitcoin (BTC), Ethereum (ETH), and XRP all trading in the green. Market...
  • BONK price rallies as lets.BONK.fun hits milestone

    BONK price is up 38% this past week and looking for a bullish breakout. LetsBONK.fun’s revenue dashboard shows growth amid rising demand. Market conditions may align with this to catapult BONK to a new high. The price of BONK, a meme token on the Solana blockchain, has shown significant movement as the decentralized meme launchpad LetsBONK.fun attracts attention. BONK’s price has gained by more...
  • Trump-linked crypto rumour sparks frenzy as $DJT ticker fuels confusion

    Ran Neuner claimed a Truth Social meme coin was launching in 72 hours. Past TMTG plans had discussed a digital rewards token, but none were launched. Meme coin speculation around Trump-branded assets remains high. A rumour about a Truth Social meme coin sent social media and crypto traders into a tailspin this week before being swiftly denied by all official Trump-linked entities. The speculation...
  • Tether raises Juventus stake above 10%

    Tether Investments S.A. de C.V.—the investment arm of the crypto firm—now holds a 6.18% voting stake in Juventus. Tether initially acquired an 8.2% stake in the Italian football giant in February. The stablecoin giant, which posted a $13 billion profit last year, has been deploying capital across a range of sectors. Tether, the issuer of the world’s largest stablecoin, has expanded its stake...
  • The future of payments? a16z bets on stablecoins to revolutionize money transfers

    a16z says stablecoins are a “WhatsApp Moment” for money transfers. Stablecoins eliminate historical gatekeepers in the payments industry. Stablecoins offer a clean-slate alternative to costly and outdated systems. Remember when making international calls or sending text messages across borders meant hefty fees? Modern messaging apps like WhatsApp have made those costs a thing of the past. Now, venture firm Andreessen Horowitz (a16z) believes stablecoins could...
  • Bhutan’s hydro-powered crypto gamble: can green mining fuel economic growth?

    Nestled in the Himalayas between India and China, the Kingdom of Bhutan is charting an unconventional economic course, harnessing its abundant hydropower resources to mine “green” cryptocurrencies. The nation’s sovereign wealth fund sees this strategy not just as a potentially lucrative investment, but as a vital tool to diversify the economy, generate employment, and combat a worrying exodus of its young,...
  • XRP holds potential despite 16% plunge, expert urges caution

    XRP drops 16% to $1.76 amid broader cryptocurrency market sell-off. Expert Vincent Van Code links XRP’s past spike to US political optimism. Van Code warns of a global financial reset and advises holding XRP positions. XRP investors are facing a challenging moment as the digital currency has dropped 16% to $1.76 amid widespread selling across cryptocurrency markets. The decline reflects broader turmoil, with major...
  • Conor McGregor’s $REAL crypto token flops, raising only $392K

    Token backed by Animoca Brands and KuCoin Labs. Refunds promised to all investors as presale fails. RWG says the project will continue despite setback. The recent fundraising failure of Conor McGregor’s $REAL token has sparked broader questions about celebrity-backed cryptocurrencies amid declining interest in meme coins and unstable market conditions. Despite promotion from the MMA star to his 57 million followers and claims of...
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