On November 19, the crypto payment gateway MoonPay announced that it had more Solana transactions that day than all of November 2023. The following day, its SOL trade volumes increased even further. MoonPay has not disclosed a reason for this heightened Solana transaction rate, but a frenzy in SOL meme coins might provide an explanation. MoonPay’s Solana Bull Run MoonPay,…
The SEC has announced the distribution of millions of dollars to investors affected by the collapse of BitClave, an online advertising blockchain startup. The reimbursement amount is over $4.6 million. The payments include principal amounts and interest for eligible investors. BitClave ICO Raised over $25 million in 2017 In 2020, the SEC filed a lawsuit against BitClave, accusing the company…
Nvidia Corporation announced on Wednesday a significant 95% increase in revenue for the third quarter of 2024, reaching $35.1 billion and surpassing previous predictions. For the fourth quarter, Nvidia projects revenue of $37.5 billion. Nvidia Q3 Revenue Reflects Strong Demand for AI The company’s Data Center segment led the growth with a 111% jump to $30.8 billion compared to the…
Mantra (OM) price recently broke a new all-time high on November 18 and has surged 155.29% in the last seven days. This explosive rally highlights the strong bullish momentum that has pushed OM to its highest levels yet. However, recent indicators, including RSI and the Ichimoku Cloud, suggest the uptrend may be weakening. OM RSI Shows The Neutral Zone OM’s…
Since MicroStrategy announced the sale of its convertible senior notes on November 18 to acquire more Bitcoin, the company’s stocks have surged by nearly 40%. This has pushed MicroStrategy among the top 100 publicly listed businesses in the US market, overtaking Intel and Dell. The firm used the funds from this sale to acquire $4.6 billion worth of Bitcoin on…
President-elect Donald Trump is reportedly considering a permanent new crypto advisor role for the White House. Trump’s team is interviewing candidates but has not disclosed any strong contenders. The exact duties of this role are also unclear, with rumors claiming Trump’s crypto advisor could oversee policy implementation. Trump’s Permanent Crypto Advisor According to Bloomberg reports, President-elect Donald Trump and his…
Arkham Intelligence has announced plans to launch a spot trading platform in the US, aiming to compete with major players such as Coinbase and Kraken. Besides the announcement on X (formerly Twitter), the company disclosed very limited details about the platform. The trading service will operate with location-based restrictions, aligning with local regulations. US users will only gain access in…
On November 13, Dogwifhat (WIF) active addresses rose to 17,000. However, as of this writing, that number has dropped almost fivefold, indicating that interest in the meme coin has decreased. This decline also coincided with WIF’s price decrease from $4.20. Here is a thorough analysis of how the decrease in active addresses could affect the meme coin’s value in the…
Dogecoin (DOGE) price has been on a wild ride, up 180% in the last month but down 7.03% over the past seven days. As the undisputed leader of meme coins, DOGE boasts a massive $58 billion market cap, four times larger than its closest competitor, SHIB, at $14.5 billion. While recent price action has highlighted DOGE’s dominance, indicators like the…