Author: Editor
According to a shareholder letter, Thumzup Media completed a $50 million common stock offering at $10 per share and laid out a two-part plan: expand into Dogecoin mining and put selected cryptocurrencies into a corporate treasury. Related Reading Thumzup Raises $50 Million The new cash will help fund a pending acquisition of Dogehash Technologies, a deal that calls for Thumzup to issue 30.7 million shares to Dogehash shareholders. Once the transaction closes, the mining firm is set to be renamed Dogehash Technologies Holdings and is expected to trade on Nasdaq under the XDOG ticker. Part of the raised money will…
In brief The LINEA token will begin its airdrop process on September 10. More than 9 billion tokens will be available to early users when the claim opens. An additional 75% of the total supply will ultimately be distributed to ecosystem participants. Ethereum layer-2 network Linea aims to use its upcoming LINEA token as an...
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On-chain data shows that Shiba Inu diamond hands are holding on to their coins despite the meme coin’s underperformance in recent times. This comes as SHIB bulls eye a new all-time high (ATH), with the meme coin potentially reaching $0.00009. Shiba Inu Holders Are Refusing To Sell Despite SHIB’s Underperformance Glassnode data shows that Shiba Inu’s holder retention rate is currently at 96%, having been on an uptrend over the last thirty days. The metric tracks the percentage of addresses that have held SHIB over the past 30 days. An uptick indicates that holders aren’t selling but instead even accumulating…
In brief Dogecoin is one of the most valuable cryptocurrencies on the market, but it’s down 70% from its 2021 peak. While Bitcoin, Ethereum, and XRP all recently set new peaks, Dogecoin isn’t enjoying the same momentum. Experts tell Decrypt that the digital asset lacks use cases. Can a DOGE ETF really make a difference?...
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Reports have disclosed that Ripple has moved to introduce its US dollar–backed stablecoin, RLUSD, into African markets through deals with established regional fintech firms. Related Reading The token, which debuted in late 2024, now has a market capitalization of close to $710 million. That figure matters because it signals real capital backing the push, even if the coin still sits well below the largest stablecoins. Fintech Partners Open Doors Ripple’s rollout leans on three major fintech partners: Chipper Cash, VALR, and Yellow Card. These platforms already serve millions of users across the continent. According to company statements, the partnerships give…
Bitcoin is now trading more than 9% below its $124,500 all-time high, reflecting the weight of recent selling pressure. Despite the pullback, bears have struggled to push the price below the $105,000 support zone, a level that has so far acted as a firm floor for the market. The debate among analysts is intensifying—some are calling for a deeper correction that could reset overheated sentiment, while others see current price action as a prelude to another test of all-time highs. Related Reading Top analyst Maartunn shared fresh insights, describing the current environment as a “major Bitcoin reshuffle.” According to him,…
MemeCore’s native token M has raced from near-zero to headline-making highs in a matter of weeks, drawing both excitement and sharp warnings from market watchers. Related Reading MemeCore’s Meteoric Rise According to reports, M hit a fresh all-time high of $1.69 Friday before easing back to $1.60, while 24-hour volume climbed past $53 million. At the time of writing, M was up 250% in the weekly timeframe, data from Coingecko shows. That follows July lows near $0.036, a move that translates into roughly a 3,750% gain in about 90 days. Traders piled in quickly. A lot of money followed. Market…
Dogecoin (DOGE) continues to show resilience as it holds above the critical $0.21 support level, a price zone that has repeatedly acted as a launchpad for bullish momentum. At the time of writing, DOGE trades at $0.216, up 0.34% in the last 24 hours. Related Reading Analysts highlight the emergence of a bullish cup-and-handle pattern with an initial target of $0.30, but the long-term projections are even more ambitious, pointing toward a potential 850% rally to $2 if momentum accelerates. A recent whale transfer of 900 million DOGE ($200 million) to Binance temporarily triggered selling pressure, but strong buying support…
After hitting its latest all-time high of $4,956 on August 23 on Binance, Ethereum (ETH) has been trading in a tight range – oscillating between $4,200 to $4,500 – giving little clues about its next potential direction. However, recent exchange data suggest that a supply crunch may be nearing for ETH. Ethereum Price Stable Amid Exchange Supply Decline According to a CryptoQuant Quicktake post by contributor Arab Chain, during the period between August 16 to September 3, Ethereum’s Binance Exchange Supply Ratio (ESR) saw a sharp decline. Related Reading Although ETH’s price has remained in the mid $4,000 range, its…
Bitcoin (BTC) has recently reached a new weekly high above the $112,000 mark, signaling a potential new uptrend for the leading cryptocurrency. This movement may represent the final phase of the current cycle for Bitcoin and the broader cryptocurrency market. Market analyst CryptoBirb has indicated that this uptrend could last for approximately 50 more days, emphasizing that Bitcoin is now 95% through its cycle, which has spanned 1,017 days since the lows of November 2022. 50 Days Until Possible Bitcoin Peak Historically, Bitcoin’s bull markets have peaked between 1,060 and 1,100 days after significant lows, suggesting a target timeframe for…