A survey by the crypto exchange showed that 85% of digital asset holders in the U.S. invested in memecoins.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hayden Davis, a key figure behind the Solana-based Libra memecoin, is at the center of allegations suggesting he reportedly claimed to have influence over Argentine President Javier Milei, local media outlet La Nación reported on Feb. 18. The report noted that Davis boasted about paying Karina Milei—President Milei’s sister and a key player in his […]
The post Libra memecoin scandal deepens as token co-creator says he controlled Javier Milei through payments – report appeared first on CryptoSlate.
It appears that the Barstool founder’s new tokens stem from his cynicism against memecoins and typical behavior manifested by investors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The dramatic collapse of the Solana-based Libra memecoin has sparked controversy, legal battles, and renewed scrutiny of the crypto market. Once valued at $4.5 billion, the token plummeted 95% over the weekend, leaving retail investors with heavy losses and raising questions about insider activity in the memecoin sector. CryptoSlate has curated some of the major […]
The post Libra’s $4.5B memecoin collapse sparks resignations and political chaos — what we know so far appeared first on CryptoSlate.
The SOL price has slumped against both the dollar and ether.
Argentina’s President Javier Milei has denied endorsing the controversial LIBRA memecoin, a project that triggered massive investor losses. In a Feb. 17 interview, Milei addressed the situation, stating that he did not actively promote the token but merely shared information about it. He maintained that he acted in good faith and had nothing to hide. […]
The post Argentina president Javier Milei claims LIBRA memecoin fallout is ‘a private matter’ appeared first on CryptoSlate.
Hayden Davis said he refunded $5 million to Dave Portnoy who lost money on LIBRA.
Chow and Meteora have been facing scrutiny surrounding allegations of involvement in what appears to be market misconduct within Libra memecoin project.
Argentina’s stock market took a sharp hit over the weekend after President Javier Milei became involved in a crypto scandal. On Feb. 17, Reuters reported that Argentina’s flagship index, the S&P Merval, dropped more than 5% following his endorsement of the LIBRA memecoin, which collapsed shortly after reaching a $4.5 billion market capitalization. On Feb. […]
The post Argentina’s stock market plummets amid President Javier Milei’s LIBRA memecoin scandal appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The promotional posts have been deleted and the Saudi Law Conference, whose account was compromised, issued a statement on it.
The collapse of the Libra memecoin has prompted some market participants to shelve expectations for a much-anticipated altseason.
Bitcoin adoption and price trajectory face renewed buoyancy following predictions by Bitwise CEO Hunter Horsley amid 4 days of sustained outflows from spot Bitcoin ETFs. Horsely favors Bitcoin reaching the $1 million mark, with institutional flows into ETFs, increased corporate and state acquisitions, and a rise in wealth management services fueling market interest. Horsley’s remarks […]
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Bitcoin's market dominance is now above 60% as while Solana grapples with heightened volatility following the collapse of the Libra memecoin.
Libra's Hayden Davis said the team sniped the memecoin to deter others from sniping the cryptocurrency at launch.
Argentina's President has announced an investigation into the token's launch as a key advisor says he plans to buy back and burn the token.
Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers. The popular meme crypto will rise by about 400% and reach new heights if this prediction comes to fruition. Related Reading: XRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says Market Vigor Feeds DOGE Optimism As Bitcoin leads the push above $57,000, the broader market for cryptocurrencies has been heating up. Historically, meme cryptos like Dogecoin have benefited from Bitcoin’s ascent; typically matching its speed with steady but notable increases. Given the daily transactions of about $1.5 billion, the recent increase in DOGE trading volume points to significant investor demand. This increase in activity is evidence of traders preparing for a major breakout. Past Patterns Point To A Bullish Cycle Following the halving events of Bitcoin, Dogecoin has a history of dramatically climbing during bull markets. Celebrity sponsorships and social media buzz drove DOGE from $0.05 to $0.74 in a few months in 2021. Though the current cycle may not follow that same path, past numbers indicate that, in favorable market conditions, the meme coin has the capacity to recover rather dramatically. Cryptocurrency analyst Master Kenobi predicts that Dogecoin might reach $1.35 “within 70 days” from the February 3rd lows. This forecast is in line with mid-April, a crucial time frame that falls one year after the Bitcoin halving event. The cryptocurrency market had a significant upswing during the previous halving cycle, and this might happen again, pushing Dogecoin to a market valuation of almost $200 billion. ???? #DOGE to $1.35 within 70 days from the February 3rd lows, if it follows the timing of the last cycle. This aligns with mid-April. Do you remember? Exactly one year since the Bitcoin halving, just like it happened in the last cycle. This means a market capitalization of… https://t.co/BOGD9AbFlK pic.twitter.com/DuOf9rLhNx — Master Kenobi (@btc_MasterPlan) February 15, 2025 Important Levels Of Support, Resistance To Monitor Before DOGE can hit $1.35, it needs to get past some strong resistance. Analysts see $0.30 and $0.45 as important levels to check before a big move toward $1. The support level at $0.20 is still strong on the downside, and it serves as a safety net in case there is a short drop. A steady rise to $1.35 could happen if people keep buying at these prices. Related Reading: No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade Weigh The Hype Carefully Even though people are optimistic, buyers should be careful. The cryptocurrency market is still very unstable. Dogecoin has a strong community behind it, but it still lacks fundamental utility compared to other big cryptocurrencies. Since speculation still influences its price, abrupt declines are always a possibility. For those hoping to profit from the possible rally, risk management is crucial. Everyone will be keeping an eye on Dogecoin as April approaches to see if it can surprise them all once more. Regardless of whether DOGE reaches $1.35 or not, the future seems bright for both traders and holders. Featured image from Pexels, chart from TradingView
The CEO of KIP Protocol, a Web3 firm associated with the project, denied profiting from the token in an X space following rug pull accusations.
With Bitcoin dominance over 60% and most alts trailing like a lame horse, retail sentiment in the crypto market is reaching new lows. A previously rapid-fire, high-innovation space has become a breeding ground for meme coin trading, scams, and burnout. After a decade of growth and development, the market appears to have lost its way, […]
The post Has the crypto market lost its way as ‘true economic fundamentals’ give way to meme coin casino? appeared first on CryptoSlate.
Solana-based memecoin launchpad Pump.fun has launched a mobile app supporting iOS and Android devices, according to a Feb. 14 announcement. The app allows users to buy, sell, and create tokens for free, manage their digital portfolios, and track assets in real-time. The mobile release aims to enhance accessibility for a growing user base, providing seamless […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Changpeng Zhao (CZ), the former Binance CEO, is under scrutiny following the emergence of multiple memecoins named after his dog, Broccoli. On Feb. 13, Zhao revealed his Belgian Malinois dog’s name and photo after multiple requests from community members. While Zhao assured that he would not launch a Broccoli-themed token himself, he hinted at trading […]
The post Changpeng Zhao’s dog sparks Broccoli memecoin boom and controversies appeared first on CryptoSlate.
Pump.fun users can buy, create tokens for free and manage their digital portfolio in the platform's new iOS and Android app.
A memecoin sniper earned over $10 million by buying and selling newly launched “Broccoli” memecoins, according to a blockchain developer.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
CZ hinting he will unveil his pet dog's name and likeness has ignited a wave of speculation over the potential launch of a new memecoin.
It seems likely that the Solana “trenches” have been experiencing a euthanasia coaster of sorts.
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has acknowledged that the financial regulator may not have the authority to regulate most memecoins. In a Feb. 11 Bloomberg interview, the financial regulator pointed out that current laws do not classify these tokens as securities, leaving a gap in oversight. According to her: “There are […]
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