Francisco Memoria

News Reporter

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies

Articles by Author

Will Failure of MiamiCoin Hurt ‘Most Bitcoin-Friendly Mayor on the Planet’?

MiamiCoin ($MIA), a project that offers cities a source of revenue through the minting of new cryptocurrency tokens, has seen the value of its token plunge by 95% since its launch. The token, supported by Miami Mayor Francis Suarez, who calls himself the “most bitcoin-friendly mayor on the planet,” may however see adoption rise in […]

Shiba Inu Burn Portal Rewards Start Being Distributed to $SHIB Burners

Shiba Inu ($SHIB) token holders who divested of their holdings via ShibaSwap’s burn portal are now started to receive rewards for doing so in the form of Ryoshis Vision ($RYOSHI) tokens, with some wallets having already received thousands in tokens. According to Ryoshgis Vision’s official account, the first distribution of rewards has already gone out […]

Cardano Whale Transactions Hit 4-Month High After $ADA Price Bottom

Cardano ($ADA) whale transactions have recently shot up to a 4-month high after the price of the cryptocurrency plunged to a bottom at $0.40 earlier this year. Whales were seemingly buying the dip ahead of an upcoming hard fork that will improve the network’s performance. According to on-chain analytics firm Santiment, ADA whale transactions – […]

Bitcoin ($BTC) and Ethereum ($ETH) Will Outperform Equities Markets, Says Bloomberg Strategist

Bloomberg commodity strategist Mike McGlone has suggested that the price of leading cryptocurrencies Bitcoin (BTC) and Ethereum ($ETH) will outperform equities markets in the future as the volatility of the flagship cryptocurrency keeps dropping. During an interview with Yahoo Finance, McGlone first noted that he believes Bitcoin will be seeing more “responsive buying below the […]

Leading Middle Eastern Crypto Exchange Rain Lists Shiba Inu ($SHIB)

Leading Middle Eastern cryptocurrency trading platform Rain has listed the meme-inspired cryptocurrency Shiba Inu ($SHIB) after months of consideration. The listing boosts Shiba Inu’s liquidity at a time in which token burns are growing among its community. As CryptoGlobe reported, Rain started considering listing the cryptocurrency back in March. At the time, a spokesperson said […]

Crypto Trading Hamster That Outperformed Warren Buffett Resurfaces With Shiba Inu ($SHIB) as Top Holding

Crypto trading hamster “Mr. Goxx” (named after the now-defunct Bitcoin exchange Mt Gox) has returned after its social media accounts became active once again and started live-streaming his trades on Amazon’s video-streaming platform Twitch. The hamster, which became well-known for outperforming many traditional investors including Berkshire Hathaway’s Warren Buffett and the stock market’s benchmark index S&P 500, […]

$SHIB: A Donation Portal Could Soon Complement Shiba Inu’s Burn Portal

The Shiba Inu ($SHIB) community could soon have a token donation portal to complement its token burn portal in a bid to help burn tokens and decrease the cryptocurrency’s circulating supply. During an interview with Gfinity Esports, Trophias, a Shiba Defence Breed member who has called for a donations portal on Shiba Inu’s Discord server […]

Warren Buffett-Backed Digital Bank Invests in Bitcoin ($BTC), Adds Buying and Selling to Its App

Brazil’s largest digital bank Nubank, which has been backed by Berkshire Hathaway CEO Warren Buffett, has announced it’s investing 1% of its assets into bitcoin ($BTC) and adding buying and selling options for its users. According to an announcement published by the firm, 1% of its equity will be allocated to bitcoin through its parent […]

Bitcoin Spot Trading Into USD Dropped 25.5% in April: Report

Bitcoin spot trading volume into the U.S. dollar decreased by 25.5% last month to 707,000 BTC, the lowest recorded figure for the fiat currency since August 2019. Meanwhile, USDT remained the stablecoin with the largest BTC volume in April, with 3.18 million BTC being traded. That’s according to CryptoCompare’s April 2022 Exchange Review, which also […]

Institutional Investors Are Betting on Bitcoin ($BTC) and Solana ($SOL) Amid Crypto Market Downtrend, Data Shows

Institutional investors are betting on the flagship cryptocurrency Bitcoin ($BTC) and on Ethereum rival Solana ($SOL) amid a cryptocurrency market downturn marked by the collapse of Terra’s $LUNA and its UST stablecoin. According to a new report from CoinShares, BTC investment products have seen $45 million in inflows over the last week, as assets under […]

Top Ethereum Whales Hold Nearly $900 Million of Shiba Inu ($SHIB)

The top 1,000 Ethereum ($ETH) whales are currently holding nearly $900 million worth of the meme-inspired cryptocurrency Shiba Inu ($SHIB), making it their largest holding beyond Ethereum’s native currency. According to data shared by whale monitoring service Whale Stats, the top 1,000 ETH whales are holding onto $989 million worth of SHIB, with FTX’s $FTT […]

$1.2 Billion in Bitcoin Move to Exchanges as $BTC and $ETH Approach ‘Historic Buy Zone’

Over $1.2 billion worth of the flagship cryptocurrency Bitcoin ($BTC) have been moved to cryptocurrency trading platforms amid a wider cryptocurrency market downturn that has seen Terra’s LUNA lose over 85% of its value in 24 hours. According to crypto analytics firm Santiment, a net sum of around 40,620 BTC, worth over $1.2 billion, has […]

$SHIB: Lead Shiba Inu Developer Updates Community on Deal That Would ‘Break the Internet’

The pseudonymous lead developer of the meme-inspired cryptocurrency Shiba Inu ($SHIB), Shytoshi Kusama, has updated the cryptocurrency’s community on a deal he has said would “break the internet,” noting many are unaware it’s happening right in front of them. Earlier this year during an Ask Me Anything (AMA) session on Twitter spaces, Kusama said the […]

Expert Panel Sees $XRP Price Hit $2.55 by Year End

A panel of cryptocurrency industry experts has predicted that the price of $XRP will hit $2.55 by the end of the year, and sees it go as high as $3.61 by the end of 2025, and $4.98 by the end of 2030. Finder has surveyed a panel of 36 industry experts for their thoughts on […]

40% of Bitcoin ($BTC) Investors Are Now Sitting on Unrealized Losses

The price of Bitcoin ($BTC) recently plunged to $31,000 after a series of withdrawals on the Anchor Protocol sled to the largest decentralized stablecoin, UST, losing its peg. Bitcoin’s crash has seen 40% of investors in the cryptocurrency sit on unrealized losses. In response to the UST crisis, the Luna Foundation Guard deployed over 28,200 […]

Bitcoin ($BTC) Whales in Accumulation Trend as Index Signals ‘Extreme Fear’ in Market

Bitcoin ($BTC) whales are reportedly in an ongoing “accumulation trend” even as the Crypto Fear & Greed Index signals there’s currently “extreme fear” on the market as investors divest of their holdings while prices drop. According to data from on-chain analytics firm Santiment shared on social media, wallets holding between 10,000 and 100,000 BTC have […]

Bitcoin ($BTC) Has Been Failing as an Inflation Hedge, Bank of America Analysts Say

Bitcoin hasn’t been acting as an inflation hedge over the last few months, according to analysts with Bank of America who noted the flagship cryptocurrency has instead been trading as a risk asset since July 2021. According to Fortune, Bank of America analysts Alkesh Shah and Andrew Moss have drafted a new report where they […]

Luna Foundation Guard ‘Is Not Trying to Exit Its Bitcoin Position’, Says Terra’s Do Kwon

The outspoken founder of Terraform Labs, Do Kwon, as said the Luna foundation Guard (LFG), a non-profit mandated to build reserves for Terra’s algorithmic stablecoin UST, is “not trying to exit its bitcoin position” after the organization loaned $1.5 billion in BTC and UST. According to a Twitter thread Do Kwon published after the LFG Council “voted […]

Dogecoin Co-Creator Explains What the Best Use Case for $DOGE Is

Billy Markus, co-creator of the popular meme-inspired cryptocurrency Dogecoin ($DOGE), has suggested that the “simplest and best use case” for the cryptocurrency, in his opinion, is tipping, which means “spreading happiness over the internet.” In a tweet shared with his over 1.4 million followers on the microblogging platform Twitter, Markus tipped the “most prolific tipper […]

Number of Cardano ($ADA) Addresses Sets New Record of 5.2 Million

The number of addresses holding Cardano ($ADA) has kept on rising in April to a new all-time high of 5.2 million, even as activity on the cryptocurrency’s blockchain plunged. According to CryptoCompare’s latest Asset Report, the number of addresses holding ADA grew 2.99% last month to 5.2 million, partly thanks to an increase in the […]

Luna Foundation Guard Buys $1.5 Billion of Bitcoin ($BTC) to Bolster $UST Reserve

The Luna Foundation Guard, a non-profit mandated to build reserves for Terra’s algorithmic stablecoin UST, has bought $1.5 billion worth of the flagship cryptocurrency Bitcoin ($BTC) to add to its reserve, which is now above $3.21 billion. As CNBC reports, the transaction brings the Luna Foundation Guard closer to its goal of accumulating $10 billion in […]

$DOGE Wallet Founder Makes ‘Largest Commercial Dogecoin Transaction’ in History

The founding chairman of self-custodial Dogecoin ($DOGE) wallet MyDoge, Bill Lee, has made the “largest commercial Dogecoin cryptocurrency transaction in history,” after buying 25 Fire-Tier editions of BIG3’s Aliens for $625,000. According to a press release Lee, who is also the co-founder of Craft Ventures, spent $625,000 to buy the 24 Fire-Tier non-fungible tokens (NFTs) […]

Nearly $6.3 Billion worth of Ethereum ($ETH) Have Now Been Burned

Nearly $6.3 billion worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), has been burned since the implementation of Ethereum Improvement Proposal (EIP) 1559 via the London hard fork on August 5. According to data from tracking website Watch the Burn, a total of 2.274 million ether worth $6.27 billion has been burned since August, […]

$BABYDOGE Team Is Donating $400K to Dog Rescue Organizations Thanks to ‘Baby Doge Army’ NFT Collection

Baby Doge, a cryptocurrency created “by fans of the Doge Coin online community” that “seeks to impress his father by showing his new improved transaction speeds & adorableness” is donating $400,000 to dog rescue organizations thanks to the success of its non-fungible token (NFT) collection. As CryptoGlobe reported, Baby Doge’s NFT collection was launched on […]

Head of Coinbase Institutional Explains Why Goldman Sachs’ First Bitcoin-Backed Loan Is Significant

Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) has been revealed as the mysterious firm that took out Wall Street’s first Bitcoin-backed loan from Goldman Sachs. The firm took out the loan in a bid to deepen ties between the crypto and traditional finance world. Brett Tejpaul, head of Coinbase Institutional, was quoted in a Bloomberg report […]

$DOGE: Mexico’s Largest Cryptocurrency Exchange Bitso Lists Dogecoin

Mexico’s largest cryptocurrency trading platform Bitso has added support for the meme-inspired cryptocurrency Dogecoin ($DOGE) this week, and is now letting users trade DOGE against the U.S. dollar. In an announcement on the microblogging platform Twitter, Bitso noted that while DOGE was created as a meme, nowadays it has “important traction on the market.” The […]

$ADA: IOG Talking to Potential Clients About Launch of Its Cardano-Powered Product Authentication System

Cardano ($ADA) developer Input Output Global (IOG) is set to launch a product authentication system powered by the Cardano blockchain called Atala SCAN, which is set to allow consumers to verify supply chain information and a product’s authenticity. According to a blog post published by IOG, the solution to battle counterfeiters involved a smart seal […]

Retail Interest in Cardano ($ADA) Is ‘Rapidly Rising’, Data Shows

Retail interest in Cardano ($ADA) is “rapidly increasing” as in the last 30 days addresses holding for less than 30 days – defined as traders on the blockchain – have increased their holdings by 186%. According to data from analytics firm IntoTheBlock, these trader addresses now collectively hold 36.14% of the cryptocurrency’s supply after heavily […]

$SHIB Army More Bullish on Shiba Inu Burn Portal than Metaverse, Poll Shows

The Shiba Inu ($SHIB) community seemingly supports token burns over its Metaverse as part of the project’s long-term strategy, presumably believing a reduction in the currency’s circulating supply is more beneficial than its Metaverse. According to polls conducted by Shiba Inu team member Archangel, first spotted by Gfinity Esports, SHIB community members believe that the […]

You Can Now Buy a Yacht With Shiba Inu ($SHIB) and Other Cryptos

Camper & Nicholsons International, one of the oldest yachting companies in the world founded in 1782, has started accepting cryptocurrency payments via the popular processor BitPay, which supports the meme-inspired cryptocurrency Shiba Inu ($SHIB). According to a press release Camper & Nicholsons is accepting cryptocurrency payments in a bid to attract new customers and sales […]

Land in Shiba Inu’s Metaverse Can Now Be Bought With $SHIB

The team behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) has announced users can now buy land within the project’s metaverse with its native SHIB token. The move came after users requested the feature. According to a tweet shared by the project’s official account, SHIB: The Metaverse, users can now mint land on the digital world […]

Expert Panel Sees Ethereum ($ETH) Price Hit $5,780 by Year-End

A panel of cryptocurrency industry experts has predicted the price of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), could jot $5,780 by the end of the year, and surge to $11,760 by 2025. The figures come from a panel of experts Finder surveyed that gave predictions on the future of the cryptocurrency. Finder measures […]

Ripple Was ‘a Buyer of XRP in the Secondary Market’ and ‘Expects’ to Keep Buying as ODL Adoption Grows

Ripple’s $XRP-powered On-Demand Liquidity (ODL) solution has seen its volume grow 8x year-over-year in the first quarter of 2022, with RippleNet seeing $15 billion in annualized payment volumes during the quarter. According to Ripple’s Q1 2022 XRP Markets Report, the volume of its XPR-powered solution saw market “unprecedented growth” as its customers used ODL “for […]

Cardano ($ADA) Whales Reenter Accumulation Period After 7-Month Sell-off

Cardano ($ADA) whales started accumulating the cryptocurrency once again five weeks ago after selling off their holdings over a 7-month period that saw them dump a total of 1.7 billion ADA tokens on the market. According to on-chain analytics firm Santiment, over the last five weeks, Cardano whales have added 196 million ADA to their […]

Shiba Inu’s Transaction Volume Hits 12-Month Low as $SHIB Holder Numbers Rise

The on-chain transaction volume of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has dropped to a 12-month low at a time in which the number of HODLers keeps on growing, suggesting SHIB token owners aren’t selling even as prices dwindle. According to data from analytics platform Bloxy, first spotted by Finbold, in April 2022, there were […]

Nearly $500,000 Worth of $SHIB Burned Since Shiba Inu Burn Portal Launch

Nearly $500,000 worth of the meme-inspired cryptocurrency Shiba Inu ($SHIB) have been burned by its community ever since its decentralized exchange ShibaSwap launched a burn portal that rewards holders for removing SHIB from circulation. The team behind the meme-inspired cryptocurrency announced the launch of a burn portal that was set to be included in a new version […]

$SHIB: Fast-Food Chain Welly Grants Shiba Inu Community 15% Ownership of Its Company

Welly, the world’s first restaurant using the meme-inspired cryptocurrency Shiba Inu ($SHIB) as a theme, has announced it’s granting the Shiba Inu community a full 15% ownership of its company, on top of planned token burning commitments. In an announcement made on social media, Welly revealed that the 15% ownership will be “aggregated in a […]

On-Chain Bitcoin Analyst: ‘Institutional Money Is Scooping Spot BTC at Peak Rates’

Popular on-chain crypto analyst Willy Woo has suggested that Bitcoin ($BTC) is seeing unparalleled demand on the spot market coming from institutional investors who are accumulating the flagship cryptocurrency. According to a tweet Woo shared with his over 1 million followers on the microblogging platform Twitter, the price of Bitcoin has been moving sideways because […]

Shiba Inu ($SHIB) Is More Popular Than Dogecoin ($DOGE) in Europe, Google Data Shows

Data from Google Trends has shown that the meme-inspired cryptocurrency Shiba Inu ($SHIB) is more popular than its rival memecoin Dogecoin ($DOGE), which is supported by Tesla’s CEO Elon Musk, throughout Europe. A study conducted by askgamblers.com, using data from the world’s leading search engine, found that while Bitcoin (BTC) is the most popular cryptocurrency […]

‘Bitcoin Jesus’ Roger Ver Says Dogecoin ($DOGE) Is ‘Significantly Better’ Than $BTC

Early Bitcoin ($BTC) adopter and promoter Roger Ver, who for his work to help the early cryptocurrency community grow was at the time nicknamed “Bitcoin Jesus,” has recently defended the meme-inspired cryptocurrency Dogecoin ($DOGE) is “significantly better” than BTC itself. According to Bloomberg Ver, who is also the founder of Bitcoin.com, said in an interview […]

Bitcoin ($BTC) Whale Holdings Reach Highest Level Since September Amid Ongoing Accumulation

As the price of Bitcoin ($BTC) struggles to surpass the $40,000 mark and stay above it, data shows that both retail investors and whales have been accumulating the flagship cryptocurrency in what is being interpreted as a bullish sign. According to Barron’s, technical indicators suggest that continued accumulation made by crypto whales – large holders […]

$ADA: On-Chain Analyst Finds Bullish Trend in Growth in Number of Cardano Whale Addresses

The number of Cardano wallets with over 10 million $ADA on the network is seemingly on the rise and has grown by 2.4% over the last weeks, showing large holders are accumulating the cryptocurrency even as its price falls. According to data shared by on-chain analyst Ali Martinez on social media, ADA whales have been […]

Crypto Investment Products See Trading Volumes Decline for Sixth Straight Month

As cryptocurrency prices keep on dropping, investors flooded out of cryptocurrency investments products in April and their average daily trading volumes fell 16.3% to $244 million, marking the sixth consecutive month of declining trading volumes. According to CryptoCompare’s Digital Asset Management Review report, the trading volumes of cryptocurrency investment products have fallen 71% since October […]

Dogecoin ($DOGE) Whale Transactions Near 4-Month High After Twitter Accepts Musk’s Buyout Bid

Large transactions of the meme-inspired cryptocurrency Dogecoin ($DOGE) have surged to get close to a 4-month high shortly after the microblogging platform Twitter accept a buyout bid from the CEO of Tesla and SpaceX, Elon Musk. According to data from IntoTheBlock shared on social media by crypto analyst Ali Martinez, DOGE transactions worth over $100,000 […]

Coinbase Data Shows Stronger Accumulation Trends for $ADA and $SHIB Than Other Coins

Users on the Nasdaq-listed cryptocurrency exchange Coinbase have a median holding time for Cardano ($ADA) and Shiba Inu ($SHIB) of over 120 days, superior to most other cryptoassets on the platform. According to data showed on Coinbase’s price pages, Cardano’s ADA has a typical hold time of 121 days, meaning that ADA users on the […]

$SHIB: Fast Food Chain Welly Confirms It Wil Use Profits to Burn Shiba Inu

Welly, the world’s first restaurant using the meme-inspired cryptocurrency Shiba Inu ($SHIB) as a theme, has confirmed it will use a share of its profits, along with specific percentages of revenue from franchise fees, to burn SHIB. In a tweet on the cryptocurrency’s utility, Welly confirmed it will burn SHIB in a number of different […]

$ADA: IOG Working With Wanchain to Allow to ‘Become an EVM-Compatible Sidechain to Cardano’

Cardano ($ADA) developer Input Output is reportedly working with Wanchain, a blockchain interoperability solution, to allow it to become an Ethereum Virtual Machine (EVM) compatible network on Cardano, bringing added utility to the network. According to a press release, Input Output and Wanchain are collaborating “on enabling interoperability between the Cardano mainnet, Cardano sidechains, and […]

Mexico’s Senate Building Gets Its Own Bitcoin ($BTC) ATM

As Mexico prepares to regulate cryptoassets, the country’s Senate building in Mexico City has gotten its own Bitcoin ATM. The machine came from Bitcoin ATM manufacturer ChainBytes in cooperation with operator Axolotl Bitcoin. According to a press release, the Bitcoin ATM was installed in a bid to support the efforts of Mexican Senator Indira Kempis […]

Cardano ($ADA), $XRP, and Dogecoin ($DOGE) Among South Korean Investors’ Largest Crypto Holdings

South Korean investors have been betting on a number of cryptoassets beyond the top two by market capitalization – Bitcoin ($BTC) and Ethereum ($ETH) – as their top holdings asl include Cardano ($ADA), $XRP, and the meme-inspired cryptocurrency Dogecoin ($DOGE). According to a study conducted by various leading South Korean cryptocurrency trading platforms, residents in […]

Cardano ($ADA) Developer IOG Raises Network Block Size by 10% to ‘Increase Throughput and Dapp Performance’

Cardano ($ADA) developer Input Output has proposed increasing the network’s block size by 10% from 80 KB to 88 KB per block as the network load has been holding above the 80% mark in a bid to “increase throughput and DApp performance.” According to a series of tweets published by Input Output the move has […]

$DOGE: Tesla CEO Disagrees That a ‘Dogecoin-Ethereum Bridge’ Will ‘Add Utility’

Tesla and SpaceX CEO Elon Musk has dismissed the idea that a bridge between the Dogecoin ($DOGE) network and Ethereum ($ETH) is necessary for the meme-inspired cryptocurrency’s utility to grow. Responding to a set of suggestions made by DOGE co-creator Billy Markus on social media, which included getting more businesses to accept DOGE payments  and […]

Dogecoin Short Seller Liquidations Top $20 Million as $DOGE Price Rallies

Dogecoin ($DOGE) short-sellers have seen over $20 million in liquidations over the last day after the price of the meme-inspired cryptocurrency rallied in light of Twitter accepting Elon Musk’s buyout bid. According to data from CoinGlass, first reported by Benzinga, well over 130 million DOGE were liquidated in 24 hours, making it the third-most liquidated […]

Shiba Inu HODLers Burned Over 16 Billion $SHIB Since Burn Portal Launch

Hodlers of the meme-inspired cryptocurrency Shiba Inu ($SHIB) have burned over 16 billion SHIB tokens since the launch of the cryptocurrency’s burn portal, which rewards users for removing tokens from circulation by burning them. The team behind the meme-inspired cryptocurrency announced the launch of a burn portal that was set to be included in a […]

$BABYDOGE Launches Long-Awaited NFT Collection

Baby Doge, a cryptocurrency created “by fans of the Doge Coin online community” that “seeks to impress his father by showing his new improved transaction speeds & adorableness” has launched a long-awaited non-fungible token (NFT) collection. The project’s NFTs have first launched for whitelisted users to mint them, before the public mint. The whitelisted mint […]

$SHIB: You Can Now Buy Shiba Inu-Themed Gold With Crypto

APMEX, one of the largest online gold dealers, is currently selling a Shiba Inu-themed gold “rounds” that are selling slightly above the spot price of the precious metal.  The product is described as a “great way” to add gold to crypto holders’ portfolios. According to a listing on APMEX’s website, the gold rounds contain 1 […]

Shiba Inu Whale Accumulated 5.4 Trillion $SHIB After Robinhood Listing

A Shiba Inu ($SHIB) whale has accumulated over 5.4 trillion tokens after the meme-inspired cryptocurrency was listed on the commission-free trading platform Robinhood, which has been reluctant to add it until now. According to transactions first flagged by whale monitoring service WhaleStats, the whale has over 5.4 trillion SHIB after adding an additional 177 billion […]

Crypto Traders ‘Itching’ for a Cardano ($ADA) Price Rally, Data Shows

Cryptocurrency traders are currently “itching” for a Cardano ($ADA) price rally, as their sentiment towards the cryptocurrency is now at a high that hadn’t been seen since mid-November when ADA was trading near the $2 mark. According to data from cryptocurrency analytics firm Santiment, Cardano’s price has risen slightly recently, but crowd sentiment toward the […]

Bitcoin ($BTC) and Ethereum ($ETH) Will Hit New Highs This Year, Says Celsius’ CEO

The CEO of cryptocurrency lending platform Celsius Alex Mashinky has revealed he believes that the price of the flagship cryptocurrency Bitcoin (BTC) will surpass its previous all-time high this year, as will the second-largest cryptocurrency by market capitalization, Ethereum ($ETH). During an interview with Cointelegraph during the Paris Blockchain Week Summit,  Alex Mashinky addressed several […]

Nearly 60% of Dogecoin ($DOGE) Holders Are ‘In the Money’ at Current Prices, Data Shows

With the meme-inspired cryptocurrency Dogecoin ($DOGE) trading around $0.14, far below its $0.73 all-time high seen in May of 2021, nearly 60% of DOGE holders are currently “in the money.” According to data from cryptocurrency analytics startup IntoTheBlock, 58% of Dogecoin holders are currently “in the money” even with the price of DOGE so far below […]

Geopolitical Tailwinds Have ‘Strengthened Long-Term Value Proposition’ of Crypto: CryptoCompare Report

In a wide-ranging report leading cryptocurrency market data and index provider CryptoCompare has suggested that in the short to medium term it sees a recession in global financial markets, although geopolitical tailwinds have “strengthened the long-term value proposition” of crypto. In its Outlook 2022 report, CryptoCompare details that in financial history there have been instances […]

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