Memecoin casino: $100 bet on Pump.fun has worse odds than roulette
Traders are disillusioned with the ultra slim chances of picking a memecoin winner.
Related Posts
Here Is How Blockchain Will Help to Explore Space
Space is an area that has been historically researched by few governments, being a complex matter that requires thorough, high-class research and, therefore, substantial funding. More recently, with the emerging popularity of audacious startups like SpaceX, space exploration has become a less exclusive area. Now, however, it seems that the cryptocurrencies’ primary features — blockchain,…
US crypto regulations will return Bitcoin to its digital cash origins
The United States Financial Crimes Enforcement Network, or FinCEN, recently proposed a series of new regulations applying to financial institutions dealing with digital currencies, such as Bitcoin (BTC). To summarize the proposed regulations, exchanges would essentially be required to file a report with FinCEN when a customer makes a purchase in excess of $10,000, and…
Bakkt crypto exchange partners with Google for payments
Millions of retailers currently accept Google Pay as a form of payment, potentially giving Bakkt users the ability to pay in crypto at a variety of stores and online markets. 1600 Total views 25 Total shares Users who hold debit cards issued by cryptocurrency exchange Bakkt will be able to convert their crypto balances to…
Uniswap v3 flips v2 on volume — and both versions flip Bitcoin on fee revenue
Both iterations of the world’s most popular DEX now generate more fee revenue than Bitcoin. 264 Total views 2 Total shares The world’s largest decentralized exchange keeps growing and the newly-launched third iteration has now surpassed version two in terms of daily volumes.In addition to v3 topping the daily transaction volumes of v2, both have…
When altseason? Here’s why Bitcoin is leaving major altcoins like Ethereum behind
Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has been lagging behind Bitcoin (BTC). Historically, when BTC surges, altcoins tend to rally with larger upside price movements.This time, Bitcoin has been clearly outperforming the altcoin market, particularly in December. BTC market cap dominance has recently risen to a one-year high of around 70%, largely…
Hong Kong Is Paying Higher Prices for Bitcoin Amid Political Unrest
Bitcoin (BTC) has begun trading at a premium in Hong Kong as continued political uncertainty produces a widely-reported spike in demand. Copycat moves underline fiat distrustData from P2P Bitcoin exchange LocalBitcoins showed traders paying around $300 more per coin than elsewhere on Aug. 14, which translates into a premium of around 2%.Hong Kong is the latest…
Mongolia: Central Bank Gives Permission to Issue First Digital Currency
Mongolia’s largest mobile telecoms operator has become the country’s first licensed entity to issue its own digital currency. This is according to a report by the official state media outlet Montsame Friday, September 28.Mobicom’s financial arm Mobifinance is now clear to issue the e-currency, dubbed “Candy,” to investors, Montsame confirms. The executives have received formal…
Travel booking site Travala gets Telegram Open Network integration
Telegram Open Network users can now use their tokens to book hotel reservations, airline tickets, tours, and excursions in over 230 countries.