Why are memecoins down today?

August 3, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Memecoins underperform the wider crypto market after double-digit weekly losses surpass the sell-off in BTC and ETH.

A new report shares a number of notably bullish sentiments with regard to Bitcoin and the larger crypto industry. 812 Total views 13 Total shares In a recently released report titled Bitcoin Investment Thesis, Fidelity Digital Assets demonstrated how portfolio managers could increase their returns by allocating a portion of their holdings to Bitcoin (BTC).…

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Is Standard Chartered setting up a Bitcoin, Ether trading desk?

A Standard Chartered representative told Cointelegraph that the firm has been working with regulators to support institutional clients’ demand for trading BTC and ETH.

FTX debtors file lawsuit against exchange’s Bahamian arm on ownership of property

The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers". 157 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe legal teams representing Alameda Research, FTX US, and FTX Trading have…

Sentient completes record 650K NFT mint for decentralized ‘loyal’ AI model

The decentralized AI model aims to offer community decision-making to address a “crucial problem” in the AI landscape.

Retail traders buying more Bitcoin than institutions: JPMorgan

Retail traders have been buying large amounts of BTC through PayPal and Square. 1635 Total views 17 Total shares According to research by strategists at leading U.S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms.JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter…

$400M funding round to help Gemini build in the decentralized Metaverse

The Winklevoss twins have big plans for a Gemini future in different Metaverses as they go head to head with archrival Meta. 1223 Total views 6 Total shares The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it…

Self-custody Bitcoin amount unmeasurable so far, says Santiment exec

There is no way to measure the amount of Bitcoin (BTC) that is being sent to self-custody wallets so far, according to one industry executive.Amid the ongoing FUD over lawsuits against major cryptocurrency exchanges, investors have been increasingly offloading their Bitcoin from crypto trading platforms.As of mid-June, Bitcoin’s exchange supply fell to its lowest level…

Bitcoin reserves interest gains momentum across 5 continents

Politicians globally are arguing that a Bitcoin reserve would benefit their country.

KuCoin CEO claims hacking suspects identified

They’ve already gotten the police involved. 1351 Total views 3 Total shares As the fallout from the hack on its platform continues, KuCoin said it has identified suspects and have now officially involved law enforcement in the investigation. KuCoin CEO Johnny Lyu tweeted on Oct. 3 that the exchange now has substantial proof that identifies who…

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