Crypto

Source: Bitcoinist The cryptocurrency market has always been a battleground between meme coins and utility tokens, but now a new contender is merging both elements into one. GoodEgg’s (GEGG) presale has seen a massive influx of Dogecoin (DOGE) investors, signaling that the hybrid approach of combining fun with real-world utility is resonating with the crypto…

Source: Bitcoinist With the Bitcoin price struggling to stay afloat in Q3 2024, activity has declined as well, reaching lows not seen in years. With the most recent crash last week, the activity on the Bitcoin network took another negative hit, causing its to plummet to levels not seen in three years. Naturally, this has…

Source: Coin Tegraph Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence. Read Full Article

Source: Coin Tegraph Bitcoin bulls are caught between a disappointing US Presidential debate and classic pre-CPI BTC price pressure. Read Full Article

Source: Coin Tegraph Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated. Read Full Article

Source: Bitcoinist On-chain data shows the Ethereum Whales have continued to accumulate more cryptocurrency as their supply share has risen. Ethereum Whales Now Hold Around 43% Of The Entire Supply In a new post on X, the market intelligence platform IntoTheBlock shared an update on how the Ethereum supply concentration has been looking for the…

Source: Coin Tegraph An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off. Read Full Article

Source: Coin Tegraph The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations. Read Full Article

Source: Bitcoinist Dogecoin, the popular meme-based cryptocurrency, has once again captured public attention in recent days despite the bearish trend gripping the broader crypto market. DOGE experienced a brief surge following a cryptic post on the social media platform X (formerly Twitter) by billionaire entrepreneur Elon Musk last week, which appeared to allude to the…

Source: Coin Tegraph Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again. Read Full Article