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Showing posts with the label Bitcoinist.com

Dogecoin & Other Memecoins See Spike In Social Media Attention—Sign Of Greed?

Social media attention has shifted from major cryptocurrencies like Bitcoin to meme-based tokens, particularly Dogecoin, indicating a rise in speculative interest. This trend suggests potential market greed, as historical patterns show such behavior could lead to asset tops. Currently, Dogecoin is priced at $0.178, up 3% weekly. - source

Bitcoin Price to Explode as Strategy Drives Hyperbitcoinization. BTC Bull Token to Follow?

Bitcoin is poised for a significant rise, driven by increased institutional adoption and the emergence of Bitcoin treasuries. Analysts forecast potential all-time highs soon, while BTC Bull token offers a means to capitalize on this momentum with innovative earning strategies. Investor sentiment is bullish amid market uncertainties. - source

No $300,000 Requirement: TRUMP Memecoin Team Clarifies Dinner Invite Misunderstanding

The TRUMP Memecoin team clarified misconceptions about a dinner invitation with President Trump, stating no $300,000 requirement exists. Top 220 token holders will attend on May 22, 2025. The memecoin surged nearly 60% post-announcement, with speculation about top holder identities, possibly including TRON founder Justin Sun. - source

AI Agent Tokens Took a Hit – But MIND of Pepe Might Be Just Getting Started

AI agent tokens and meme coins struggled in Q1, reflecting a broader 18.6% crypto market decline. However, interest in AI remains strong, with significant venture capital backing. The MIND of Pepe project integrates AI and meme cultural relevance, potentially revitalizing interest and promising growth amid market recovery. - source

Dogecoin Supply In Loss Hits Almost 50%: How Bitcoin, XRP Compare

Nearly 50% of Dogecoin's supply is currently at a loss, reflecting a broader decline in cryptocurrency profitability in 2025. While Dogecoin, Ethereum, and Solana are struggling, XRP and Tron show over 80% of their supply still profitable, indicating potential for future price movements. Dogecoin's price is $0.154, up 11%. - source

Conor McGregor’s Memecoin Taps Out—Failed Launch Sparks Refund Pledge

Conor McGregor's cryptocurrency launch, "REAL" token, failed to secure its minimum funding of $1,008,000, raising only $392,315. Market downturns and declining interest in celebrity tokens contributed to this outcome. All bids will be refunded through Ethereum, and plans for a relaunch are being considered. - source

Red Monday Rises, Bitcoin Falls to $76K: Why is Crypto Down and What are the Best Altcoins to Buy in the Bear Market?

Crypto markets are in turmoil, with Bitcoin dipping below $75K, resulting in a $500B loss. The chaos mirrors patterns from early 2022, exacerbated by geopolitical tensions. In this bear market, promising altcoin presales like SUBBD, Solaxy, and OKB may offer investment opportunities amid the volatility. Always conduct thorough research. - source

Paul Atkins Moves Closer to SEC Chair, BTC Hashrate a Bullish Signal for New Crypto BTC Bull Token

Paul Atkins is progressing towards becoming SEC Chair, signaling a supportive stance for crypto, especially against central bank digital currencies. Bitcoin's robust hashrate indicates resilience amid economic uncertainty. New projects like BTC Bull Token reward holders with Bitcoin airdrops, positioning them advantageously as the crypto ecosystem evolves. - source

No ‘Sphere WIF Hat’ In Las Vegas: Dogwifhat Fundraiser Announces Start Of Refunds

The Dogwifhat community's hopes for a "Sphere WIF hat" project in Las Vegas have ended, leading to the announcement of refunds for contributors. A $700,000 fundraising campaign faced setbacks due to miscommunication with the Sphere team, which denied any partnership. Refunds began on April 1 due to growing discontent among investors. - source

Crypto Influencer ‘BitBoy’ Arrested Over Alleged Threats To Judge

Crypto influencer Ben “BitBoy” Armstrong was arrested in Florida for allegedly threatening a Georgia judge, Kimberly Childs. Though charges aren't yet official, the arrest follows Armstrong's previous legal troubles, including a public altercation and accusations of harassment related to his promotions in the crypto space. His reputation is facing renewed scrutiny. - source

Dogecoin Open Interest Drops To November 2024 Levels – Will Price Follow?

Dogecoin's open interest has sharply declined since March, now at levels not seen since November 2024, reflecting reduced trader interest. This drop indicates low liquidity and potential challenges for future price increases. Currently, Dogecoin trades at $0.1684, down 34% over the past month and overtaken by Cardano in market cap. - source

LIBRA Controversy: Was The Token’s $1.16 Billion Surge Rigged? DWF Report Says Yes

The LIBRA token surged to $1.16 billion before plummeting over 90%, leaving 75,000 traders with losses exceeding $280 million. Allegations of insider trading suggest early buyers profited immensely while regular investors suffered. DWF Labs calls for stricter regulations to enhance transparency and protect investors in crypto markets. - source

XRP & Solana See 60-Day Volatility Break 100%: How Do Bitcoin & Dogecoin Compare?

XRP and Solana’s 60-day Realized Volatility has surged over 100% due to recent price fluctuations, outperforming Bitcoin’s 50%. Cardano hit an all-time high of 150%, while Dogecoin saw the least increase. Increased social volume indicates rising investor fear suggesting potential bearish outcomes for Bitcoin. XRP is currently priced at $2.1. - source

Elizabeth Warren Asks Trump’s Crypto Czar For Public Disclosure Over Potential Conflicts Of Interest

Senator Elizabeth Warren has expressed concerns about potential conflicts of interest involving David Sacks, the White House AI & Crypto Czar, regarding his digital asset holdings. She has requested clarifications on the timeline of divestments and safeguards against profiting from Trump administration crypto policies by March 14, 2025. - source

칸예 밈코인, 러그풀 우려 제기…모금액 400만 달러 임박한 밈인덱스가 제안하는 안전 밈코인 투자 솔루션

Meme Index ($MEMEX) is nearing a $4 million presale, attracting investors seeking safer meme coin options amid concerns of rug pulls, particularly linked to rapper Ye's controversial token announcements. The index offers diversified exposure through several risk-level options, providing a more secure investment approach in the volatile meme coin market. - source

Kanye West Vs. Censorship: YZY Token Launch Sparks Crypto Buzz

Kanye West, now known as Ye, is launching his cryptocurrency, YZY, aiming for financial independence after losing corporate relationships. He will retain 70% of the tokens, with concerns about centralization and potential market manipulation. The launch has been delayed, raising skepticism about its future and impact in the crypto space. - source

Bitcoin Faces Risk Of Further Decline If It Drops Below Short-Term Holder Cost Basis: Report

Bitcoin must stay above the Short-Term Holder (STH) cost basis of approximately $92,500 to avoid potential declines, as per Glassnode’s report. Falling below this level could trigger panic selling among short-term holders, while maintaining it may foster bullish momentum. The market is nearing a pivotal moment, affected by demand and macroeconomic factors. - source

HashFlare Founders Plead Guilty To Running $577 Million Crypto Ponzi Scheme

Founders Sergei Potapenko and Ivan Turõgin pleaded guilty to running a $577 million cryptocurrency Ponzi scheme through their company HashFlare. They misled customers about mining profits and agreed to forfeit over $400 million in assets for victim compensation. Sentencing is set for May 8, 2024. - source

Pump.Fun’s Founder Sparks User Protection Debate, Urges Memecoin Launchpads To Develop Better Practices

Pump.Fun's founder Alon Cohen initiated a debate on user protection in the memecoin sector following the LIBRA token scandal, urging launchpads to improve practices. He emphasized user education, friendlier onboarding, and safer interfaces. The incident underscores a broader concern about bad actors exploiting the crypto space, raising calls for industry accountability. - source

Libra Crypto Disaster: Creator Defends Project From Scam Allegations, Admits Team Sniped Token

Hayden Davis, CEO of Kelsier Ventures, defended the controversial Libra token project during an interview, acknowledging team involvement in sniping tokens to control market volatility. He argued that the project failed due to insider cash-outs totaling $107 million, not a scam, labeling it a “plan gone wrong” instead. - source