PEPE whale up nearly $5M on investment within a month

May 30, 2024
The Last Cryptocurency
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Cointelegraph Feed

The memecoin whale made an over 52% return on its initial investment within a month, despite Pepe’s price falling over 17% from its all-time high.

The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year. Crypto companies and institutions holding crypto assets have gotten some good news about accounting practices. They will be able to record the value of their crypto more realistically under rule changes in the United

The 2024 Santa Claus rally is about to start

There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.

Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level

Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself.That was according to new analysis released on May 24, which studied Bitcoin's interaction with its 200-week moving average (WMA).Bitcoin floor target could be between $15,500 and $19,000In a Twitter thread, popular trader and…

Polkadot envisions Web3 disruption with multiple parachain launches

The Polkadot team invested five years into the development of the parachains, which were allocated to teams via auctions. 799 Total views 34 Total shares Open-source blockchain platform Polkadot announced the launch of its first parachains (or parallelized chain) aimed at improving the interoperability between multiple blockchains. According to the announcement, the Polkadot team invested five…

Bitcoin Hash Rate Hits a Whopping 80 Quintillion for the First Time

Bitcoin (BTC) has passed another network performance milestone this week as the largest cryptocurrency’s hash rate hit a new record high.Bitcoin secured by 80 quintillion hashes per secondData from monitoring resource Bitinfocharts confirmed Bitcoin’s hash rate exceeded 80 quintillion SHA256 hashes per second Aug. 8, the first time such a level has been reached.Hash rate…

FTX provides a timeline for creditor and client reimbursement payouts

After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation.

ERC-20 Co-Author Proposes New ICO Model to Protect Investors from Fraudulent Token Sales

The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31.Speaking at Ethereum’s annual Devcon conference in Prague Oct. 30, Fabian Vogelsteller, also the main developer of decentralized application (DApp) browser Mist, proposed a new approach for running…

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Coinbase’s Stand With Crypto launches political action committee

The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives.

‘Strange’ Litecoin Network Activity Could Be Related To August Dust Attack

Product developer Franklyn Richards has witnessed Litecoin (LTC) network activity that reminds him of the Aug. 10 dust attack on Litecoin.In a Dec. 14 blog post, Franklyn Richards, a product developer who has worked on Bitcoin (BTC) and Litecoin since 2013, describes a pattern emerging among active Litecoin network addresses.According to the product developer an…

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