The Avalanche Foundation made waves in the crypto community with its decision to start acquiring meme coins in late 2023. This move marked a strategic shift towards becoming a leader in digital culture. By focusing on popular animal-themed cryptocurrencies like Kimbo, Coq Inu, Gecko, and Avax has No Chill, Avalanche has seen significant success in
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The analysts at CryptoQuant have recently released a report indicating that the much-anticipated Bitcoin halving event in 2024 may no longer hold the same level of influence over the price of BTC as it once did. The report suggests that while the halving event was previously a key driver for bullish momentum in Bitcoin, other
Sapien AI, an artificial intelligence firm, recently secured $5 million in a seed funding round, with key investors such as Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games showing support for the company’s mission. The funding will be utilized to enhance Sapien’s scalable annotation services, specifically focusing on training AI models through its
As retail investors continue to flock to Crypto Twitter, the rise of influencer Ansem and the subsequent creation of the ANSEMWIF spin-off coin have captured the attention of many. The viral nature of this meme coin on Solana has led to explosive price trends, with ANSEMWIF experiencing a significant uptick in value. Despite not having
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Recently, there has been a renewed optimism surrounding Bitcoin, with notable cryptocurrency analyst and trader Michael Van De Poppe making a bold prediction. Van De Poppe has suggested that Bitcoin could potentially reach the staggering threshold of $300,000 in the current bull cycle. Despite a period of consolidation over the last month and a struggle
The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC has caused quite a stir in the financial world. Initial concerns about fading demand for these investment vehicles seem to have been put to rest as Bitcoin ETFs continue to break trading volume records. The recent surge in net inflows into these ETFs is
The recent surge in Bitcoin accumulation by short-term holders has caught the attention of many in the cryptocurrency market. With over 1.2 million BTC accumulated since December 2023, this trend indicates a shift in the dynamics of Bitcoin ownership. While long-term holders have traditionally dominated the market, the rise of short-term holders signals a new
The cryptocurrency market is a volatile one, with new tokens and coins emerging every day. One such token that has caught the attention of investors is the Ethena token (ENA). Since its listing on Binance, ENA has surged 13% in just 24 hours and an impressive 53% overall. This token serves as the governance token
Recently, the Bitcoin price took a sharp downturn, falling below $67,000 and causing concern among investors in the cryptocurrency market. However, amidst this decline, crypto analyst Michael van de Poppe has urged the crypto community to view this as an opportunity to acquire Bitcoin at a lower price. In a recent statement, Poppe emphasized the