Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Minting
NEIRO Meme Coin Minting Millionaires, Whales Accumulating: Is This The Start Of The Bull Run?
First Neiro on Ethereum (NEIRO), a meme coin, is one of the top performers this week. Over the last seven days alone, the token has soared over 332X, pushing its total market cap over the $341 million mark–a testament to a token that several weeks back was struggling to break the $100 million level. NEIRO Surging After Binance Listing According to trackers, NEIRO is up 109% over the last day, increasing due to rising trading volume. Technically, the underlying momentum…
9 months ago
Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. You can buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market, the anticipation builds for the upcoming GUIANA NFT minting, which promises to add significant utility and excitement to the Penguiana ecosystem. Penguiana's Strategic…
1 year ago
Bitcoin Miners Strike Gold: $107 Million Profit From Runes-Fueled Minting Spree
Bitcoin miners have struck a proverbial goldmine, reaping an astonishing $107 million in profits, according to data from Glassnode, a leading analytics platform. This unprecedented windfall, amassed on April 20th, underscores a significant shift in the revenue dynamics of Bitcoin mining operations. The meteoric rise in transaction fees serves as a bellwether for the evolving economic landscape of Bitcoin mining. As the network adapts to new market demands and technological advancements, transaction fees have emerged as a crucial revenue stream…
1 year ago
How to Earn Passive Income From Cryptocurrencies
The advent of cryptocurrencies and blockchain technology ushers a new paradigm in the world of passive income. Besides introducing innovative earning methods, cryptocurrency has disrupted incumbent passive income models. Outlined below are some of the most profitable streams of passive income: Staking and Loaning Staking and loaning are the same things, except for the context in which the money is risked. Staking has been previously identified as a profitable stream wherein users stake their coins and earn interest on them;…
5 years ago