altcoins
GameStop shares are trading 154% higher in 2024, compared to Bitcoin’s yearly gains of 129%. While Bitcoin’s gains came from the approval of Spot BTC ETF in the US and the fourth halving event, between January and April 2024, GameStop piled a majority of its gains on Monday and Tuesday. Legendary trader “Roaring Kitty” surfaced on X, with his tweets, catalyzing a rally in GameStop stock and meme coins on Solana. Dog and cat themed meme coins and memes that are named after (not affiliated with) the trader and the American consumer electronics firm, ROAR and GME yielded over 1,000% gains overnig...
Invezz
GameStop trader Keith Gill made a return to social media, inspiring a rally in crypto meme coins and “Roaring Kitty” inspired Solana-based meme, ROAR. Data from CoinGecko shows that the return of the investor who spearheaded 2021’s GameStop rally has fueled gains in dog and cat memes and Solana-based meme coins. ROAR posts 3,100% gains as Roaring Kitty returns The euphoria of US stock traders spread to crypto, a meme coin inspired by the legendary trader “Roaring Kitty” has added 3,100% to its value on Monday, as seen on CoinGecko. Gill’s social media post that shows a man leaning forward in h...
Invezz
Fineqia International, a digital asset and fintech investment business, today announced its April Crypto ETPs AUM report. The company’s monthly analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral, revealed a 64% growth in total Assets Under Management (AUM) so far in 2024. A tough April for cryptos However, on a monthly basis, the total AUM dropped to $81 billion in April, from $94.4 billion at the end of March, a 14.2% decrease. The total market value of digital assets decreased by 18.8% to about $2.29 trillion in April, from $2.82 trillion the prev...
Invezz
Pepe (PEPE) and AIOZ Network (AIOZ) have emerged as notable gainers in today’s cryptocurrency market, each experiencing significant price movements driven by distinct factors. While PEPE grapples with the aftermath of a whale dump, AIOZ rides the wave of excitement following its listing on Bithumb. At the same time, Bitbot’s ongoing presale is signalling a growing appetite for innovative trading solutions in the crypto space. Pepe (PEPE) price drops after whale dumpPepe (PEPE) has experienced a tumultuous ride in the past 24 hours, with its price slipping nearly 5% despite a notable 21.72% inc...
Invezz
The largest Friend.tech (FRIEND) whale, identified as “Murphys1d,” sent shockwaves through the crypto community by swiftly offloading over 55,000 newly issued FRIEND tokens right after the platform’s airdrop launch on May 3. The whale’s move caused the value of the FRIEND token to plummet by more than 75%, with prices nosediving from $3.26 to just $0.8095 within hours. Although the price had recovered to around $1.17 at press time, the sudden token sell-off has caused chaos among users just after the token airdrop launch. Users like Luke Martin lamented their inability to claim their airdroppe...
Invezz
In a significant development, Curve Finance, the protocol behind Curve DAO (CRV) cryptocurrency, has recognized the contributions of cybersecurity researcher Marco Croc by awarding him $250,000 for uncovering a critical vulnerability within the protocol. The researcher, operating under the pseudonym Marco Croc and representing Kupia Security, identified a reentrancy vulnerability in Curve Finance’s decentralized finance (DeFi) protocol. The identified vulnerability had the potential to facilitate hackers facilitate hackers in pulling out substantial amounts from cryptocurrency protocols. By di...
Invezz
Today’s Bitcoin price plunge below $57,000 has sent shockwaves through the market, as the entire crypto market slides. However, as popular cryptocurrencies slide, projects like Kangamoon are emerging, offering innovative solutions and opportunities for enthusiasts. Let’s delve into these latest developments in the crypto space, exploring Bitcoin’s dip and the burgeoning Kangamoon project. Bitcoin’s price dipBitcoin has plummeted below the crucial $60,000 support level hitting fresh multi-month lows, marking its worst month since November 2022. After sliding to almost $56k, the BTC price had re...
Invezz
A dip-pocketed crypto investor caught the attention of market participants with massive Dogecoin (DOGE) transfers. The whale withdrew 226.3 million, worth approximately $40M, DOGE coins from Robinhood on April 30. One transaction involved 150 million tokens, while another moved 76.3 million Dogecoin units. A shift in market dynamics? Whale movements remain crucial in the cryptocurrency market as they often confirm possible future market actions. Large-scale investors influence sentiments within the marketplace, resulting in heightened price volatility. Moreover, crypto expert Michael van de Po...
Invezz
The most recent in a series of DeFi hacks happened less than 36 hours ago to the Nomad project. The ambitious dApp promised cross-chain interoperability with “increased safety“, giving developers the option to “securely build cross-chain applications (or xApps) and bridge assets between chains”. It was namely this feature that got exploited, letting hackers and allegedly random users on public Discord servers drain over $190 million worth of cryptocurrencies through the project’s bridging Smart Contract in what is dubbed as the “First Decentralized Robbery“. Q2 2022 hedge fund letters, confere...
ValueWalk
When RiskHedge chief analyst Stephen McBride told me he was launching a crypto service, my first thought was… Q3 2021 hedge fund letters, conferences and more The timing could not be more perfect. The Crypto Market Is Sitting On The LaunchpadAs I’ll show you today, the charts tell me the entire crypto market is sitting on the launchpad. The crypto space hasn’t looked this primed to surge in a long, long time. If you’re new to RiskHedge, I’m a professional trader. I use price, volume, and other “charting” indicators to identify assets before they take off. Today, let’s look at the crypto market...
ValueWalk
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