Crypto

Solana continues to experience transaction failures, highlighting scalability challenges. Meanwhile, Raboo ($RABT)  presale token on the Ethereum ERC-20 network continues to garner attention for its smooth transactions and rapid fundraising. Currently in Stage 4 of its presale with over $1.8 million raised, crypto analysts have tipped Raboo as one of the best altcoins to invest in 2024. Solana faces transaction failures amid memecoin surge and regulatory headwinds Solana continues to face significant challenges due to a high rate of transaction…

WienerAI - an innovative AI-powered meme coin - has now raised over $6 million in its ongoing presale, a testament to its early demand and strong fundamentals.  AI coins and meme tokens are two sectors with the highest upside potential during this bull market. With WienerAI belonging to both sectors, it is no wonder that the token is going viral during its ICO itself.  $WAI has caught the attention of smart money traders and crypto influencers as well, with some…

Amid an overall market downtrend, crypto assets based on artificial intelligence (AI) have exhibited substantial gains, fueled by the AI frenzy permeating the traditional finance and crypto markets.  This surge has been further augmented by the continuous rally of tech company Nvidia, which recently claimed the world’s most valuable company title, with its soaring share price reaching an all-time high. Fetch.ai Rides Nvidia’s Success Nvidia’s stock, now valued at $3.34 trillion, has nearly doubled in price since the beginning of…

As summer unfolds, the cryptocurrency market is showing little upward momentum. Particularly, crypto analyst Ansem has recently projected a steady course for Bitcoin (BTC) and Solana (SOL) in the coming months. This forecast is grounded in a detailed analysis shared on Elon Musk’s social platform X, where Ansem highlighted potential trends and key scenarios that could influence these major cryptocurrencies’ performance. Ansem suggests that Bitcoin and Solana might not make bullish strides before the year’s late third or fourth quarter, but…

David Hirsch, SEC’s head of crypto enforcement, resigns after nearly a decade. His departure marks a significant shift in the SEC’s approach to crypto regulation. David Hirsch, who led the United States Securities and Exchange Commission’s (SEC) Crypto Asset and Cyber Unit within the Division of Enforcement, has resigned after nearly nine years of service. As shared by CNF, his departure marks a significant change within the regulatory agency. Hirsch played a crucial role in overseeing and regulating the rapidly…

Despite volatility, UNI has rebounded by 6% to $10.28, with increased trading volume indicating resilience amidst market fluctuations. Uniswap’s fee generation has surged, surpassing $100 million in the past month, outpacing other decentralized exchanges (DEXs). On Tuesday, June 18, UNI, the native cryptocurrency of decentralized exchange Uniswap, faced strong selling pressure dropping by more than 12% all the way to the low of $9.30. Earlier this week on Monday, June 17, the UNI price had rallied all the way to…

The post Pantera Capital to Raise $1 Billion for Early-Stage Crypto and AI Projects appeared first on Coinpedia Fintech News Popular crypto venture capital firm, Pantera Capital, is about to launch a $1 billion investment fund, which is mainly targeting early-stage crypto projects. Cosmo Jiang, the portfolio manager stated that $200 million will be allocated for AI-related initiatives, as the first close of funds is expected in early 2025. Although the allocation of AI is yet to be finalized, Jiang…

The post SHOCKING: Crypto “Pig Butchering” Scams on the Rise! What You Should Know appeared first on Coinpedia Fintech News In recent years, the sinister “pig butchering” scams have become alarmingly widespread, victimizing people worldwide both emotionally and financially. This identity theft scam, also known as the ‘fat-herder-shearer’ method, involves criminals building a financial relationship with their targets before defrauding them. Here’s a closer look. How the Scam Works Pig butchering scams typically begin when scammers contact victims through text…

Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X, Kling dissected the complex interplay of macroeconomic factors, ETF flows, and internal market dynamics that are shaping the cryptocurrency markets. Why Is Bitcoin Trading Flat?…