Memecoins: From memes to multibillion-dollar pumps, scams and rug pulls

After first setting its 2023 year-end BTC price target at $45,000 in early 2023, Matrixport has reiterated its bold Bitcoin prediction. 661 Total views 4 Total shares Matrixport, a cryptocurrency trading firm founded by Bitmain co-founder Wu Jihan, has doubled down on its prediction that Bitcoin (BTC) will hit $45,000 by the end of 2023.After

The Nectar DevNet follows on the heels of the Chrysalis upgrade and is an expansion of the Pollen Testnet released back in June 2020. 2165 Total views 12 Total shares The roadmap to Iota 2.0 has reached another milestone as the Iota Foundation launches the Nectar DevNet.In a blog post published on Wednesday, the Iota…

Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office.Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its trading, lending and custody services in the country, Swiss-centred publication swissinfo.ch reports on Nov. 26.The European expansion news…

As the first country to adopt Bitcoin as legal tender in Africa, the Central African Republic appears to be struggling with its investor-oriented token, Sango Coin. 443 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTThe Central African Republic has announced it will delay the listing of cryptocurrency,…

Kraken, one of the largest and oldest Bitcoin (BTC) exchanges in the world, has joined the Silvergate Exchange Network (SEN). By joining SEN, the United States-based cryptocurrency exchange enables its clients to deposit and withdraw U.S. dollars from Silvergate accounts with no fees, the firm announced Nov. 27.According to the announcement, the depositing process will…

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. 1185 Total views 2 Total shares Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the…

In an interview with Bloomberg, ARK Invest CEO and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its position in shares of Coinbase (COIN) after the SEC sued Binance, one of Coinbase’s biggest competitors. ARKK purchased nearly 330,00 shares of COIN on June 6, 2023, worth about $17…

Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First it peaked at $4,870 on Nov. 10 and at $4,780 on Dec. 1. However, the double top was quickly followed by a harsh rejection which led to $490 million in long futures contract liquidations in 48…

Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow. 279 Total views 8 Total shares Prominent crypto investor Multicoin Capital has launched a new venture fund valued at $430 million, further demonstrating venture capital’s growing interest in the blockchain economy amid the bear market. Multicoin’s Venture…