Solana Meme Coin Investors Lose Millions In Abandoned Projects

Several meme coin projects on Solana have been rugged over the past month, leading to investors losing a staggering $26.7 million.

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New Bitcoin Whales Out-Invest Old Ones

Ki Young Ju, founder and CEO of CryptoQuant, has noted that the initial investments of new whales are almost twice as big as the old whales’ cumulative total.

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Binance Adds Support For OMNI, PEPE, & Others, Prices To Surge?

Binance, a prominent player in the cryptocurrency exchange realm, has sparked discussions among traders yet again with its recent announcement. This time, the buzz revolves around the expansion of support for select cryptocurrencies.

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Over 50% of pre-sold Solana memecoins abandoned within 1 month after $25 million raise

Solana memecoin pre-sales have rugged investors of over $25 million within the past month as more than 50% of the top projects were abandoned, with some never even launching a token. Solana Co-Founder Anatoly Yakovenko retained his negative stance on the phenomena, commenting, “Pre selling a meme doesn’t make any sense to begin with.

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XRP Skyrockets to New All-Time High in Millionaire Addresses

XRP has catapulted to a new all-time high in millionaire addresses, per Santiment, signaling a potential bullish trend for the popular altcoin. Thus, the latest report reveals a staggering spike in XRP’s price, soaring as high as $0.5715 today.

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Binance’s Territory In Global Bitcoin Trading Eyed By Rivals

Binance, once dominating the landscape of global Bitcoin trading, is now witnessing a decline in its market share outside the US, according to insights from research firm Kaiko. This shift comes amidst a series of challenges facing the exchange, including the cessation of fee promotions and legal entanglements.

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Venezuela reportedly turns to USDT for oil export as US sanctions bite

Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country.

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PayPal Proposes Rewarding Bitcoin Miners Using Low-Carbon Energy Sources

PayPal’s proposed solution will leverage Energy Web’s “Green Proofs for Bitcoin” platform certifying miners based on their grid impact and clean energy source.

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Bitcoin Stopped at $67K, Toncoin’s Freefall Continues With 10% Drop (Market Watch)

TON has been in a state of a freefall after the recent partnership with Tether.

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