Shiba Inu (CRYPTO: SHIB) has endured corrective price action since hitting its yearly peak in March, but an analyst believes the memecoin has the potential for a big upward burst.
The largest cryptocurrency exchange in the U.S., Coinbase Global Inc. (NASDAQ:COIN) recovered from a three-hour-long system-wide glitch past midnight, causing a brief bout of anxiety for its customers.
While the much-touted Dencun Upgrade reduced the cost of using Ethereum’s (CRYPTO: ETH) Layer-2 solutions, it also rendered Ethereum inflationary, raising concerns about its price impact.
The return of famous retail trader "Roaring Kitty" on social media galvanized the memecoin market, with frog-themed token Pepe (CRYPTO: PEPE) becoming one of the biggest beneficiaries.
Top cryptocurrencies of the market lifted upward Monday, spurred by top banks' disclosure of investments in spot Bitcoin ETFs, and a social media post by retail trader "Roaring Kitty" that sent meme coins flying.
The ongoing downturn in the cryptocurrency market has underscored the strength of the more established memecoins over the several new ones birthed during the memecoin frenzy earlier this year.
El Salvador, the first country in the world to adopt Bitcoin (CRYPTO: BTC) as legal cash, launched its own platform to make information on its treasury holdings accessible and transparent to the general public.