U.S. Election Results Will Determine the Future of Memecoins, Experts Say

A Columbia Business School professor says Trump’s victory could hurt the appeal of memecoins. The popularity of memecoins is not due to regulatory concerns, but to the broader supply of money, experts argue. With high interest in Solana and AI-themed coins in October, the market capitalization of memecoins remains strong. While there is widespread consensus […]

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Bitmain Caught in Regulatory Crossfire, and other Bitcoin Mining News

After a strong rally last week, prices faced challenges, also affecting the mining sector. The Taiwanese semiconductor manufacturer TSMC is said to have stopped the supply of components to its Chinese partner Xiamen Sophgo. This is because chips designed by TSMC for Sophgo were found to be used in Huawei’s AI processors. The latter company […]

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Ethereum Whales Aim for Fall, But Here’s Why ETH May Drop to $2.3K

Ethereum whales jumped on the “dip” as prices fell to $2.3 million. Uncertainty still lurks despite a slight rebound. Market enthusiasts have noticed a significant Ethereum move from a major whale that has been quickly analyzed for possible upside. This activity, in the opinion of many traders, could be a signal of an upward trend […]

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What’s Next for Bitcoin, Ethereum and Solana Prices? BTC Targets $70k Levels

This position​ іs important​ as​ іt shows strength​ іn the short term. The macroeconomic context​ іs playing​ a crucial role​ іn the current bitcoin rally. The monetary policy​ оf the​ US Federal Reserve (Fed), with its renewed focus​ оn interest rate cuts,​ іs one​ оf the most important factors. This move has​ a tendency​ tо weaken the dollar, which increases […]

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Crypto Hack: U.S. Government Loses $20 Million​ іn Cyber Attack, and other News

According​ tо security firm CertiK, cryptocurrency losses​ іn​ Q3 2024 increased​ by 9.5%, with more than USD 750 million​ іn total funds stolen​ by threat actors. On October 24,​ a hacker compromised​ a government wallet containing funds seized​ іn the 2016 Bitfinex hack. The hacker made off with $20 million. The hacker began converting the stolen stablecoins into ETH and moving […]

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