Category: Cryptocurrency News

Hashdex withdrew its application for a spot Ether exchange-traded fund on May 24, a day after the SEC gave eight similar financial products the green light.

Hello all, I don't understand the point of view of the data contained in the network types https://ethernodes.org/network-types What does it mean? I.e. if you go on Residential, it shows a bunch of ISPS but surely it does not contain all worldwide ISPS where a node is hosted. Does it contain ISPS that runs nodes…
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PRESS RELEASE. Importance of Being SRC20: The recent report published by Universelle, covered first by bitcoin.com highlights the superiority of the SRC20 ecosystem despite being undervalued due to limited awareness. This comprehensive analysis demonstrates SRC20’s unmatched data permanence and resilience, positioning it as a superior choice over other protocols like BRC20 and Runes. For more […]

For the past week, a controversial celebrity token trend has emerged. Mainstream media figures began launching Solana-based memecoins and seemingly showing interest in cryptocurrencies. Related Reading: Is Solana Preparing For Liftoff Or Meltdown? Analysts Forecast SOL’s Future The latest star to join the celebrity token frenzy is Australian rapper Iggy Azalea, who saw a controversial launch similar to Caitlyn Jenner’s JENNER token. Who Is Solana? On Monday, Azalea surprised the crypto community by showing interest in cryptocurrencies. The rapper and model posted on X asking, “Who is Solana? I don’t know that bitch.” The post has gathered over 1.8 million views and caused controversy in different communities. “Stan Twitter” interpreted the post as a drag to American R&B singer SZA, which caused many fans to attack Azalea. However, the rapper quickly clarified the issue, replying, “Girl, I’m talking about crypto.” After that, Azalea found her introduction to the crypto community overshadowed by the allegations of her involvement with alleged scammer Sahil Arora. As reported by NewsBTC, Arora was allegedly responsible for the launch of several celebrity and influencer tokens, which he ultimately rugged. Rapper Rich The Kid and Olympian Caitlyn Jenner called him out for scamming them and taking advantage of their followers. Both celebrities continued their crypto journey, promoting their tokens and engaging with community members. Following the scam allegations, Arora seemingly has continued to take advantage of crypto investors. Azalea is accusing the alleged serial scammer of “using her image” as the rapper distances herself from his practices. In The Fastlane From Music To Crypto Azalea explained that Arora and her team had a conversation regarding crypto, but her recently launched token was unrelated to him. Allegedly, Arora had fabricated fake screenshots and used the rapper’s name to raise over $380,000 in a presale for a token named IGGY. As an X user reported, Arora claimed to be working with the Australian rapper on Telegram. He stated that his next “mega launch” would happen in the next 12-24 hours. After raising 2.246 Solana (SOL), the alleged scammer told investors they would get “automating WL to all further launches.” Additionally, investors would receive a “10% SOL airdrop rationally” from Arora’s profits on each launch and an “airdrop of $iggy when we hit $10m market cap.” However, Azalea launched a different Solana-based token called MOTHER on Tuesday. The token references the LGTBQ+ culture term that got popularized in recent years in online stan culture. Azalea’s token was launched only a few hours after Arora’s IGGY token, which confused investors. After being asked, the rapper explained that she launched her Solana-based token to stop Arora from taking advantage of her name: I never had a date to, it was something I had interest in hence the convo with my ppl. He made a weird presale yesterday and said I was making a coin with him today so I decided to drop one so he couldn’t use me for his weird scam. If I have a coin of my own figured his would die. It’s that simple. The community continued questioning her links to Arora after posting an Instagram story with a man looking like him. However, it was later revealed that the individual was Azalea’s brother, Mathias Kelly. MOTHER Beats IGGY According to Solana Floor, MOTHER reached a market cap of $50 million at its peak. The token soared by 63,000% in the following hours, going from $0.00004968 to $0.03179. In the last 16 hours, the token has amassed a trading volume of $126.8 million. At writing time, MOTHER is trading at $0.01634, representing a 21,000% surge from its launch price. Related Reading: Solana (SOL) Eyes a Strong Comeback: Will the Rally Ignite a Surge? In comparison, Arora’s IGGY token saw its price soar to $0.009288 after launch before plummeting below the $0.00020 range. Currently, the scam token trades at $0.0001354 and has a market capitalization of $134,000. Featured Image from Wikipedia.com, Chart from TradingView.com

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The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk Indices Forge New Path With Bitcoin Options Contracts The proposed New […]

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The recent upward movement has led the price of WIF to continue its rally above the 100-day Simple Moving Average (SMA). This movement comes after it fails to break below the $1.03 support level. With a current market capitalization of $3.9 billion and a 24-hour trading volume of over $1.5 billion, WIF has been dominating the meme world alongside other meme coins like PEPE and DOGE since the start of this recent move. As of the time of writing, the price of WIF was up by 21%, trading around $3.97 above the 100-day moving average in the last 24 hours. WIF On The 4-hour Chart From the 4-hour timeframe chart, it can observed that the price of WIF is actively trading above the 100-day moving average, suggesting that the WIF is on a bullish trend and could continue to move upward. Also, looking at the 4-hour MACD indicator, it can be observed that the MACD histograms are trending above the MACD zero line with good momentum. The MACD line and the MACD signal line are also seen moving above the MACD zero line with a good spread from each other. Given the significance of this MACD pattern, it is possible that WIF’s price will continue to rise and the market is still overwhelmingly positive. On the 1-day time frame, WIF is actively bullish as the price has previously dropped two bullish candlesticks leading to its continuous upward movement today. Furthermore, the 1-Day MACD indicator is giving a bullish sign as the MACD histograms are seen trending above the MACD zero line with good momentum and both the MACD line and the MACD signal line have crossed above the zero line with a good spread between them. From the MACD formation, it can be suggested that WIF’s price might move upward even further. Future Actions Currently, there are two resistance levels of $4.34 and $4.86 ahead of price. Should the price continue to move upward and break above the $4.34 level, it might move further to test the $4.86 resistance level. Also, if it breaks this level, it might trigger a rally to create a new high. However, if the price fails to break through at any of these resistance levels, it might start a downward correction toward the $2.25 support level. A break below this level might cause a deeper correction to test the $1.78 support level. Featured image from YouTube, chart from Tradingview.com

From Eminem to Snoop Dogg, Drake and Tom Holland — a leaked price list suggests JENNER token ‘scammer’ claimed to provide access to them all.