Category: Cryptocurrency

Have you missed checking the top crypto news of this week? Yes! Then, there’s nothing to worry about. Coin Informer has come up with a detailed weekly crypto news blog post that discusses the top headlines of this ever-evolving industry. Like other weeks, this week was no exception. There was drama, court trials, price surges, and more. So, without wasting our time, let’s delve into it. Gary Gensler Penned a Letter to US House of Representatives Over SEC’s Hacked X Account: Weekly Crypto News February 12, 2024. As a crypto enthusiast, you may remember January 9 when two shocking tweets from SEC’s X (formerly Twitter) account became the biggest news headlines in the world. The tweets officially said that the SEC has approved Bitcoin spot ETFs. But, after a few hours, the SEC officially released a statement that these tweets were not from their side. Insider sources confirmed that SEC’s X account was hacked using a ‘SIM swap’ attack. Though the SEC approved spot Bitcoin ETFs later that day, the hacking of the government regulatory institute questioned the security of the US government’s social media platforms. At that time, the crypto market and the world were celebrating spot Bitcoin ETFs’ approval. Thus, this news didn’t get the major attraction. But this news from insider sources can turn into official news as Gary Gensler confirmed this incident in his letter to US House of Representatives members. This letter was written on February 6 to Patrick McHenry, French Hill, Bill Huizenga, and Ann Wagner. In his letter, Gary Gensler (Chairperson of SEC) confirmed this news. The letter also confirms that SEC is coordinating with The Federal Bureau of Investigation, The Department of Homeland Security’s Cybersecurity, Office of Inspector General & Infrastructure Security Agency to find the hacker or cause of this incident. SafeMoon CEO’s Legal Team Ended their Support Due to Unavailability of Fees: Weekly Crypto News February 13, 2024. Braden John Karony, CEO of bankrupt crypto firm SafeMoon, is on bail through a $3 million bond. Though he is out of jail, it seems he still has to face enough trouble. In a filing dated February 7, 2024, Karony’s legal lawyers and advisors, Adam Schuman & Petrillo Partner, are considering withdrawing their professional responsibilities with him. The reason is simple: Karony could not deliver his legal team’s fee for many months. Due to this, Partner & Schuman have to break their long-term professional bond with Karony. Back in November 2023, US persecutors arrested Bradon Karony and Thomas Smith (SafeMoon’s chief technology officer). Both were charged with wire fraud & money laundering activities. Bitcoin Hits $51,000 Mark and Crypto Market Flourished to New Level: Weekly Crypto News. February 14, 2024. On Tuesday, Bitcoin’s price takes a huge jump by hitting the $51,000 mark (for the first time since Dec 2021). This historic milestone came with one more remarkable achievement for the entire crypto industry. After a really long time, the crypto market cap surpassed the $1 trillion mark. It is the highest peak since May 2022, when the market cap touched the $2 trillion mark for the very first time. This news brought an abundance of happiness and a festive kind of joy to the crypto industry. In the last 24 hours, the cryptocurrencies below showed excellent price growth. Bitcoin: 2.9% + Ether: 3.2% + COIN: 7% + MSTR: 6.5% + IBIT: 3% + HOOD: 13% + Read our previous blog post, which has covered this news in detail. Click here Bitcoin Spot ETFs Surpass Gold ETF with $3 Billion Net Flows: Weekly Crypto News February 13, 2023. It has been one month since the SEC granted approval for spot Bitcoin ETFs in the US. In such a short time, spot Bitcoin ETFs have surpassed the performance of gold ETFs in terms of net flows. According to BitMEX Research data, Bitcoin Spot ETFs have breached $3 billion in net flows. Since Bitcoin’s price also has a net high of $51,000, Spot Bitcoin ETFs also benefit from it. On Monday, spot Bitcoin ETFs saw $493 million worth of flows (the 3rd strongest inflow since the launch. Stay Tuned! Craig Wright also remained one of the most talked about personalities in the crypto industry this week. You must be excited to know what exactly happened to him. Well, for that, you have to wait for our next blog post. Stay tuned for now!

Hey there! Are you still waiting for the prices of a few tokens to come down? Well, 2024 is already a month old and there’s a lot happening in the crypto world from the start of the year. Crypto market is continuously fluctuating with promises of unprecedented returns. We are glad to tell you that there are some hidden gems that might fuel your investment to a jaw-dropping 2000%ROI. So, buckle up as we are going to tell you about five affordable tokens that have gained a lot of attention of both experienced investors and curious newcomers. But before we jump straight into it, have you ever wondered which token are have the potential to skyrocket in 2024? Any guesses? Hard to tell? So, are you eager to discover the stories behind these tokens and factors driving their potential meteoric rise? Well, you are in for a treat as we delve into the intricacies of Retik Finance (RETIK), Shiba Inu (SHIB), eCash (XEC), Dogecoin (DOGE), and Flare (FLR). Let us understand why each of the above-mentioned token are making heads turn in crypto market. Retik Finance (RETIK) One of the Disruptive Force in DeFi With innovative features that make it stand out, Retik Finance becomes a prominent participant in the decentralised finance (DeFi) space. Moreover, Retik Finance includes a variety of technologies, ranging from DeFi debit cards to an AI-powered P2P lending platform. With a 1 billion token supply, RETIK seeks to close the gap between fiat money and cryptocurrencies by enabling decentralised transactions. Presale Achievement Retik Finance has shown its potential even though it is not listed on any public markets. Furthermore, in just a 55-day presale, it raised around $20 million. With a price of $0.1, the current presale is set to go live at $0.15, offering investors hoping to make significant gains a special point of entry. Moreover, xperts anticipate that Retik Finance’s value might expand by a factor of 100, making it an alluring option for investors looking for substantial returns. Shiba Inu (SHIB) The Evolution of SHIB Shiba Inu (SHIB) was initially a meme coin that has transformed into a decentralized powerhouse with a robust ecosystem. With intentional abundance, boasting one quadrillion coins, SHIB leverages smart contracts on the Ethereum platform. This furthermore powers its expansive ecosystem, including Shibaswap and NFT art incubators. Community-Led Decentralization What sets SHIB apart is its commitment to community-led decentralization, challenging the norms associated with meme tokens. Token offerings like LEASH and BONE contribute to a decentralized exchange system and ecosystem governance. This makes SHIB a compelling force in the crypto landscape. eCash (XEC) Rebranding and Innovation eCash (XEC) has emerged as a rebranded version of Bitcoin Cash ABC (BCHA), focusing on streamlining electronic transactions. As a fork of Bitcoin and Bitcoin Cash, eCash introduces innovative elements such as the “bits” unit and the Avalanche proof-of-stake consensus layer. Roadmap for the Future eCash’s roadmap emphasizes scalability, faster transaction finality, and Ethereum Virtual Machine (EVM) compatibility. However, with a market capitalization of over $588 million, eCash positions itself as an investment option with a strong emphasis on interoperability with Ethereum-based projects. Dogecoin (DOGE) The Joyful Journey of DOGE Dogecoin (DOGE), born outof the 2013 crypto boom, embraces a whimsical spirit in contrast to Bitcoin’s seriousness. With no supply cap and a production of 10,000 new coins every minute, DOGE’s strength lies in its relaxed community and celebrity endorsements, including Elon Musk. Challenges and Potential Despite its fun-loving community and history of surges, Dogecoin faces challenges as its development stagnates. However, its current low price and past surges, like the peak in May 2021, make it an intriguing choice for potential investors eyeing a 2000% ROI. Flare (FLR) FLR’s Role in Flare Blockchain Flare (FLR) operates as the native token on Flare, an EVM-compatible layer 1 blockchain. With roles ranging from paying network transaction fees to enabling governance participation, FLR empowers developers with decentralized access to high-integrity data. Unique Features Flare introduces unique features like the State Connector and Flare Time Series Oracle (FTSO) protocols, ensuring decentralized data delivery without central reliance. Additionally, the recent surge in price and trading volume on Gate.io positions FLR as an enticing investment in the evolving crypto landscape. Conclusion As we wrap up this journey through the potential 2000% ROI tokens of 2024, the crypto landscape appears more promising than ever. Among the contenders, Retik Finance stands out with its presale success and innovative DeFi features. Whether it’s the evolving ecosystem of Shiba Inu, the eCash seeking to revolutionize digital cash, the playful spirit of Dogecoin, or the high-integrity data access provided by Flare, each token brings a unique flavor to the crypto banquet. For the latest updates on these tokens and more, make sure to check out Coin Informer – your go-to source for all things crypto. Don’t miss out on the opportunity to stay informed and make strategic decisions in the ever-evolving world of cryptocurrency. Happy investing!

The last week of January is going to be over soon, and in 2-3 days, a lot of things happened in the crypto industry. From Bitcoin’s price stumbling to Ron DeSantis announcing the ending of his run for presidential elections, this week again proved why the crypto landscape is an ever-evolving sector. Every minute, something happens in this industry, and to keep you updated on all the top news stories of the crypto landscape, Coin Informer compiles a detailed weekly crypto news blog post. So, without further ado, let’s unpack the exclusive crypto news of this week. Ron DeSantis Ended his Race for the White House: Can Dreams of CBDC Establishment Turn into Reality? (Exclusive Crypto News of This Week ) January 21, 2024. The Florida governor, Ron DeSantis, shared shocking news on X (formerly Twitter), confirming the rumors of ending his run for presidential elections in 2024. DeSantis uploaded a 4-minute and 34-second video where he talked about a lot of things, including lack of vision in his campaigning. He ended his video by speaking one of the popular quotes of Winston Churchill, ‘Success is not final; failure is not fatal: it is the courage to continue that counts.’ You can check this video by clicking on the link given below. Ron DeSantis is one of the most influential people in America’s political environment. Moreover, he is also the one who wants to ban CBDC (Central Bank Digital Currency). Yes, you heard it right. In one of his early appearances from campaigning, he stated, “If I am the president, on one day, we’ll nix central bank digital currency. Done. Dead. Not happening in this country”.  That’s why, when the news of DeSantis ending his presidential run became viral on social media, many crypto enthusiasts celebrated. But the celebrations are of no meaning. If it’s not Ron DeSantis, then there is Donald Trump. Like DeSantis, Trump is also against the creation of CBDC. His recent campaign speech in New Hampshire is the latest example. Terraform Labs (TFL) filed for Bankruptcy Protection in Delaware Court: Exclusive Crypto News of This Week January 21, 2024. Terraform Labs (TFL) filed for Chapter 11 bankruptcy in Delaware, United States. The Singapore-based crypto firm was behind the TerraUSD, which collapsed in 2022 and destroyed billions of dollars of investors. According to documents filed on January 21 in Delaware court, Terraform Lab declared Bankruptcy and wants to get legal permission to allow the firm to execute business plans while going on legal proceedings in Singapore and the & US. Besides the US, Terraform Labs is also facing a lawsuit in Singapore. (Terraform Labs Official File in US Court) Hong Kong to Welcome Spot Bitcoin ETFs by Mid-2024: Exclusive Crypto News of This Week January 23, 2024. It hasn’t been a month since the SEC approved the functioning of 11 spot Bitcoin ETFs in the United States, but the popularity of this is picking up steam. According to many sources, Hong Kong may welcome the functioning of various Spot Bitcoin ETFs by mid-2024. The executive director & head of regulatory affairs at OSL shared some exciting news with reporters. He told OSL that he is in talks with many companies regarding the launch of ETFs in Hong Kong. Besides OSL, HashKey and Venture Smart Financial Holdings (licensed crypto exchanges in Hong Kong) also plan to launch spot Bitcoin ETFs. Bitcoin Took a Huge Dip by Touching $39K, In Two Days, Prices are Back on Track: Exclusive Crypto News of This Week January 21 – January 24, 2024. The windy clouds took over the crypto landscape when Bitcoin’s price took a huge dip, falling to $39,526K (the lowest in the last six weeks). Since December 2023, Bitcoin’s price has witnessed good growth. The price was further boomed by the SEC’s highly anticipated decision about approving Spot Bitcoin ETFs. However, on January 2023, the Grayscale Investment’s ETFs and FTX’s token outflows led to Bitcoin’s price taking a huge dip. But, in two days, prices came back on track with 0.21% growth in the last 24 hours. As of now, the Bitcoin is trading at $40,038.04. Coin Informer at Your Service! With years of experience, Coin Informer is your ultimate source of crypto-related news and updates. Trust in our research & sources to get reliable crypto-related information. Stay tuned with us for the next blog post.

Hello, crypto enthusiasts! We welcome you to Coin Informer – your go-to source for all cryptocurrency things. Today, we will get deep into the dynamic world of crypto investments and understand the strategies to earn passive income. So, buckle up, buddy, because we will get on an insightful journey where we blend the art of crypto Investment with lucrative opportunities for building a sustainable stream of passive income. But we get our heads into it; here is a quick shoutout to Coin Informer! A digital hub for crypto updates, news, and more. We don’t just inform; we empower you with the knowledge required to succeed in the ever-evolving crypto world. Now, let’s explore the keys to a successful crypto investment and discover the top 10 strategies for earning passive income. Mastering Crypto Investment Thorough Research is Key Before you jump into the crypto bandwagon, knowledge is your best companion. Coin Informer encourages you to conduct thorough research. Understand the fundamentals, scrutinize teams and technologies, and avoid hype-based decisions. Diversification is Essential Don’t put all your eggs in one basket in the vast ocean of cryptocurrencies. Diversify your portfolio across different coins, sectors, and strategies. We advise you on reducing exposure to market fluctuations, hedging against losses, and capitalizing on various opportunities. Effective Risk Management Acknowledge the volatility and risks inherent in crypto investments. Never invest more than you can afford to lose. Coin Informer guides you on using risk management tools like stop-loss orders and emphasizes securing assets with reputable platforms, wallets, and exchanges. Adopting a Long-Term Perspective Crypto investments are not a get-rich-quick scheme. We suggest patience, perseverance, and a long-term vision. Stay focused on the potential of your investments, avoid emotional decision-making, and contribute to the growth of the dynamic crypto landscape. Top 10 Ways to Earn Passive Income: Crypto investment Staking Unlock the potential of earning rewards by participating in the network’s operations. We have highlighted popular staking options like Ethereum 2.0, Cardano, and Polkadot. Masternodes Running a master node can be lucrative for those with a significant amount of a specific cryptocurrency. Learn how master node operators receive regular payouts. Delegated Proof-of-Stake (DPoS) Discover how to earn passive income by voting for delegates in DPoS cryptocurrencies like EOS or TRON. We will break down the process and benefits. Liquidity Providing Dive into the world of decentralized finance (DeFi) with liquidity providing. We introduce opportunities on platforms like Uniswap and SushiSwap. Yield Farming Explore the concept of yield farming and how it involves lending or staking crypto assets in decentralized finance protocols. Coin Informer advises on careful research. Crypto Savings Accounts Learn about platforms offering interest-bearing accounts for cryptocurrencies. Coin Informer guides you on earning interest over time. Dividend-Paying Cryptocurrencies Discover cryptocurrencies that distribute dividends to token holders. We recommend researching and investing in projects, offering regular tips. Crypto Mining Explore the potential of earning passive income through crypto mining. Look for newer, more energy-efficient options. Airdrops and Forks Stay updated on airdrops and forks to receive free tokens or coins. Coin Informer keeps you in the loop on upcoming events. Automated Trading Bots For trading enthusiasts, we suggest using automated trading bots to generate passive income by executing trades based on predefined criteria. Conclusion Opportunities abound for both investors and enthusiasts. With Coin Informer as your compass, you can navigate the complexities of crypto investment and passive income strategies. It’s time to take action and make the most of this exciting landscape. Ready to delve deeper into the world of crypto investments and passive income? Explore more informative articles on our website and join the Coin Informer community, where knowledge meets opportunity!

Hey there, we hope you had an amazing weekend filled with relaxation. Whether you took a break and went on a small hike or binge-watched Berlin from the worldwide favorite creators of Money Heist, it is easy to lose track of the Crypto Rollercoaster. But you don’t need to worry; Coin Informer is here to serve you the latest updates from the thrilling world of cryptocurrencies. Your favorite brew in hand as I guide you through the intricacies of this week’s cryptocurrency market fluctuations. From Bitcoin’s dance between optimism and correction to Near Protocol’s resilience and Bonk’s descent, we’ve got it all covered. Bitcoin’s Dance: From Optimism to Correction: Crypto Rollercoaster Riding the Optimism Wave: Bitcoin, the maestro of the crypto symphony, embarked on the week with optimism, spurred by talks of upcoming spot BTC ETFs. Starting at $42,146, it flirted with the elusive $45,000 mark, reaching a 21-month high of $45,894 on Jan. 2. The anticipation of multiple ETF approvals added fuel to the bullish fire. The Matrixport Report’s Shadow: However, the party hit a snag with the Matrixport report suggesting a potential denial of all ETF applications. Panic ensued, triggering a market collapse with BTC plummeting to $40,879 on Jan. 3. Liquidations approached a staggering $700 million. The Resilient Recovery: Despite the setback, Bitcoin engineered a recovery, recording a 4.69% intraday slump on Jan. 3, its highest since Dec. 11, 2023. As of now, Bitcoin stands at $44,007, fiercely defending the $44,000 threshold. NEAR’s Rollercoaster Ride: Defending, Slumping, and Struggling: Defending the $3 Territory: Near Protocol entered the week defending the $3 territory, previously reclaimed on Dec. 21, 2023. Holding above $3.5 for several days, it surged to $4.62 on Dec. 26, 2023. Bears Storm In: Unfortunately, the week started on a bearish note, slipping below $3 and struggling to reclaim it. Despite a measured move towards $4 on Jan. 2, bears fiercely opposed the $4.33 resistance point. The Week’s Decline: NEAR succumbed to the market slump on Jan. 3, dropping below $3 for the first time since Dec. 21, 2023, reaching a low of $2.905. Even though it briefly recovered the $4 zone, the asset ended the week with a 7.7% decline, relinquishing pivotal price thresholds. BONK’s Descent: From All-Time High to a 4-Week Low: From All-Time High to Continuous Slump: Bonk, the meme coin sensation, experienced an all-time high of $0.00003498 on Dec. 15, 2023. Since then, it has been on a downward spiral, marking lower highs and registering a 67% decline from its peak value. The Ongoing Descent: Market-wide turbulence took its toll, with BONK losing 13.68% on Jan. 3. A feeble recovery attempt followed with a 2% gain on Jan. 4. However, subsequent days brought further blows, ending the week at $0.00001075, the lowest in four weeks, with a discouraging 23.4% decline. A Glimpse of Hope: Despite the dismal numbers, BONK exhibits a CCI of -103, hinting at a potential trend reversal. Could this be the calm before the storm? Conclusion: The crypto seas were tumultuous this week, with Bitcoin showcasing resilience, NEAR battling challenges, and BONK finding itself at a crossroads. For a more in-depth journey into the crypto world, keep yourself informed with Coin Informer. Dive deep into the Crypto Rollercoaster and stay ahead of the curve!

Hey there crypto enthusiasts! As we step in 2024, it’s time to buckle up for another rollercoaster ride in the ever-evolving world of cryptocurrencies. Have you kept up with the latest trends, or are you still navigating through the crypto landscape of yesteryears? Well, fear not, because this year promises to be packed with twists, turns, and opportunities. But wait, have you heard about Coin Informer? It’s your go-to source for the freshest news, insightful articles, and the hottest trends in the crypto world. Now, let’s dive into the top 10 cryptocurrencies that are making waves as we kick off the year. Top 10 Cryptocurrencies of 2024: A Comprehensive Guide 1. Bitcoin (BTC): The Unstoppable Pioneer Market Cap: $896 Billion Bitcoin, the OG of cryptocurrencies, continues to dominate with a staggering market cap of $896 billion. Created in 2009 by the mysterious Satoshi Nakamoto, Bitcoin’s decentralized blockchain technology ensures security through a process called proof of work. As of January 2, 2024, one Bitcoin is valued at around $45,800, showcasing a phenomenal growth of over 9,060%. 2. Ethereum (ETH): Beyond Cryptocurrency Market Cap: $290 Billion Ethereum isn’t just a cryptocurrency; it’s a versatile blockchain platform. Loved by developers for its smart contracts and NFTs, Ethereum has experienced remarkable growth, soaring from $11 in April 2016 to approximately $2,416 in January 2024 – a jaw-dropping increase of 21,863%. 3. Tether (USDT): Stability in Volatility Market Cap: $92 Billion In a sea of volatility, Tether stands out as a stablecoin pegged to the value of the US dollar. With a market cap of $92 billion, Tether aims to provide stability, offering a 1:1 ratio with the USD. It’s a favorite among investors cautious about the rollercoaster rides of other cryptocurrencies. 4. Solana (SOL): Speed and Scalability Market Cap: $50 Billion Solana, a high-performance blockchain platform, takes the spotlight with its unique Proof of History consensus algorithm. Processing up to 65,000 transactions per second, Solana is a hotbed for NFT trading. The native token, SOL, has skyrocketed from an ICO price of $0.22 to $116, marking a phenomenal increase of 52,627%. 5. Binance Coin (BNB): Beyond the Exchange Market Cap: $48.5 Billion Originally facilitating trades on Binance, Binance Coin has evolved into a multifunctional cryptocurrency. From payment processing to booking travel arrangements, BNB’s versatility has propelled its value from $0.10 in 2017 to a whopping $319 in January 2024 – a remarkable surge of approximately 318,900%. 6. XRP (XRP): Facilitating Exchanges Market Cap: $34.5 Billion Designed by the founders of Ripple, XRP plays a pivotal role in facilitating exchanges of various currency types. With a price surge of 10,533% from $0.006 in early 2017 to $0.638 in January 2024, XRP continues to make waves. 7. U.S. Dollar Coin (USDC): Stability in Diversity Market Cap: $24.7 Billion Similar to Tether, USD Coin is a stablecoin backed by the US dollar. With a market cap of $24.7 billion, USDC provides stability across various blockchains, enabling seamless global transactions. 8. Cardano (ADA): Sustainable Validation Market Cap: $22.3 Billion Cardano stands out for its early embrace of proof-of-stake validation, reducing transaction time and environmental impact. ADA, its native coin, has experienced a growth of 3,050%, moving from $0.02 in 2017 to $0.63 in January 2024. 9. Avalanche (AVAX): Speeding Past Ethereum Market Cap: $15.8 Billion Avalanche aims to surpass Ethereum in smart contract popularity with its high-speed blockchain platform. From an ICO price of $0.5, AVAX now stands at $43.16, showcasing an impressive surge of over 8,532%. 10. Dogecoin (DOGE): From Joke to Fame Market Cap: $13.3 Billion Originally a joke, Dogecoin gained fame through a dedicated community and creative memes. With a price increase of 46,400% from $0.0002 in 2017 to $0.093 in January 2024, Dogecoin proves that even the underdogs can have their day. Conclusion As we sail through the unpredictable waves of the crypto sea in 2024, these top 10 cryptocurrencies stand as beacons of potential and innovation. Whether you’re a seasoned investor or a curious newcomer, remember to stay informed and explore the ever-evolving landscape. And for the latest updates, insightful articles, and breaking news in the crypto world, don’t forget to check out Coin Informer. Your journey into the crypto frontier just got a whole lot more exciting – happy investing! Explore the latest in the crypto world with Coin Informer! Click here for a deeper dive.

Hello, fans of cryptocurrency! Now is the moment to grab on tight as we go deeply into the constantly changing realm of Hottest Crypto Trends. Keeping up to date is essential, regardless of your level of experience as an investor or how you found this post. The most recent information about a few intriguing new cryptocurrency coins that are causing a stir in the market is provided by Coin Informer today. Friend, welcome to Coin Informer! We are your one-stop shop for Hottest Crypto Trends related! Meme Coin Game Boosting using ApeMax (APEMAX): Hottest Crypto Trends ApeMax is making waves in the meme coin space with its innovative “Boost-to-Earn” method. Imagine being rewarded for boosting the entities you want to! Because ApeMax runs on the Binance Smart Chain (BSC), transactions are quick and affordable. More than 8,500 token holders have already expressed interest in the presale, indicating strong community support. Ready to advance in your cryptocurrency journey now? If so, take possession of these coins. Gorilla (GORILLA): Usefulness Meets Viral Appeal Gorilla is a token that combines the viral appeal of memes with real-world use. Let’s dissect it: The Benefit of IDO Launchpad(Hottest Crypto Trends) Gorilla provides a strategic edge by rewarding early adopters through its Initial Dex Offering (IDO) Launchpad. Advanced DEX Swap Enhancing the trading experience, Gorilla features a decentralized exchange (DEX) swap with advanced functionalities. It’s more than just memes; it’s about utility and user experience. Bonk (BONK)- The Dog-Themed Solana Sensation Meet Bonk, the first dog-themed coin on Solana, rapidly gaining momentum in decentralized exchanges. Launched in late 2022, Bonk has recently surpassed Pepe coin in market capitalization, establishing itself as a significant meme token. Don’t underestimate the power of a dog-themed crypto! Sei (SEI)- Revolutionizing Decentralized Trading Sei Network’s native token, Sei, is transforming decentralized trading. Let’s delve into its features: Swift Transaction Finality With a sub-300 millisecond transaction finality time, Sei addresses the limitations of existing platforms, ensuring swift and efficient trading. Low Fees in High Activity Even during peak network activity, Sei maintains low transaction fees, making it an attractive choice for those seeking cost-effective decentralized trading. Coq Inu (COQ)- Avalanche C-Chain’s Meme Coin Marvel Operating on the Avalanche C-Chain, Coq Inu has become a crowd favorite within its ecosystem. With a substantial token supply and a noteworthy market cap, Coq Inu is riding the meme coin wave with style. It’s not just a coin; it’s a trend among crypto enthusiasts. Where to Get ApeMax Tokens- Dive into the ApeMax Presale Adventure If you’re ready to ride the ApeMax wave, head to its official website. The platform accepts various cryptocurrencies, ensuring accessibility for a diverse range of buyers. Don’t miss out on this crypto journey! Discovering New Crypto Coins- Your Roadmap Finding those hidden gems requires a strategic approach. Here’s your roadmap: Social Platforms Platforms like Twitter and Discord are buzzing with crypto discussions and new coin announcements. Data Platforms Check out CoinMarketCap and CoinGecko for comprehensive data on new coins and projects. Presale Launchpads Get early access to meme coins by keeping an eye on presale launchpads. Conclusion(Hottest Crypto Trends) When it comes to cryptocurrencies, opportunities and risks coexist. As you explore these new horizons, remember the inherent volatility. This article doesn’t constitute financial advice; it’s your guide to the Hottest Crypto Trends. For more updates, head to Coin Informer – your trusted portal for staying ahead in the crypto game. Dive in, explore, and let the crypto adventure begin!

Coin Informer is back by compiling a detailed blog post that discusses the top crypto news of this week in a concise and easy way. In this fast-paced world, we hardly get time to read recent crypto news on weekdays. Thus, keep yourself informed of the crypto world’s dramas, scandals, and news by reading our weekly crypto news article. Without further ado, let’s unravel the top crypto news that became the talk of the town. MicroStrategy Exceeds $8 Billion Worth of Bitcoin with Last Purchases: Top Crypto News of this Week Wednesday, December 27, 2023 According to a filing with the US Securities & Exchange Commission, Saylor (the chairman of MicroStrategy) started buying the bitcoin in 2020 to hold cash on the company’s balance sheet. Now, with the latest purchase of 14,620 Bitcoin (worth $42 110) in cash, the total holdings of Bitcoin by MicroStrategy pass the mark of $8 billion. This $8 billion has led to a surge in MicroStrategy’s shares by 300% this year, even outperforming Bitcoin’s. In an interview on Bloomberg TV, Saylor (the co-founder & chairman of MicroStrategy) said, “An exchange-traded fund physically backed by Bitcoin is not a threat to MicroStrategy since its stock is a leveraged bet with no fees. The company has tapped into debt financing and share sales to fund its Bitcoin purchases.” On Wednesday, when this news caught the public’s attention, MicroStrategy’s shares witnessed a significant rise, and so did Bitcoin’s price, with an increase of 1.5%. Is the SEC Going to Approve Spot Bitcoin ETF on December 29? Why Berry Silbert Stepped Down as Grayscale Chairman: Top Crypto News of this Week Monday, December 25, 2023 – Tuesday, December 26, 2023  According to Business journalist Eleanor Terrett’s tweets on X, the SEC’s approval of a spot Bitcoin exchange-traded fund is very near, with a high possibility of getting approved by December 29, 2023. The news came after the series of meetings held last week between SEC and other handful companies such as ASRK Investments, 21Shares, BlackRock, and Grayscale Investments. If we talk of recent updates, speculation is that the SEC will make a final decision by January 10, 2024. Moreover, as per Wall Street’s top sources, the final amendments will be completed by December 29. It means the highly anticipated decision of spot-Bitcoin approval is very near. Talking of spot-Bitcoin approval, one more piece of news became the talk of the town, but it is not related to SEC; it involves Grayscale Chairman Barry Silbert at the center. In the filing of SEC on Tuesday, Berry Silbert (Chairman of the board of Grayscale Investments) will step down from his position by January 1. Alongside him, another board member, Mark Murphy, will also be stepping down. The current CFO of DCG (Grayscale’s Parent Company) will replace Silbert as chairman of Grayscale Investments’ chairman. The sudden resignation of Barrel amid the speculations of spot Bitcoin approval by the SEC isn’t going right. Many crypto analysts are doubting Silbert’s departure as a way for Grayscale’s ETF Bitcoin to get approval. The exact reason is unknown. All we can do as a crypto community is wait and watch. Ethereum’s Comeback, even ‘Stronger than 90s Trend’: Top Crypto News of this Week Thursday, December 28, 2023  If not the whole year, at least at the end of the year, Ethereum is making a strong comeback. As of December 28, Ethereum is trading at $2,433, surpassing $2,334 (a crucial rising level). If it is analyzed properly, ETH is making a head and shoulder formation pattern. According to crypto analysts, ETH still has a high chance of breaching a new peak, hopefully to $3,000 in the first week of 2024. Don’t know about others, but we’re very sure, the start of 2024 will be really good for Ethereum. Hackers Stole Around 2 billion Dollars’ Worth of Crypto in 2023, Lowest Since 2020 (Official Data Confirms): Top Crypto News of this Week. Tuesday, December 26, 2023 According to De. Fi REKT Database, hackers stole approximately 2 billion dollars through several cyberattacks and thefts. The largest crypto robbery was done against Mixin Network this year, where hackers stole around $200 million. The other crypto platforms that faced major hacks include, Multichain ($126 million) BonqDAO ($120 million) Poloniex ($114 million) Atomic Wallet ($100 million) The $2 billion worth of stolen crypto is such a big number, but the thing that’s so crazy is this is the lowest number since 2020. Yes, you heard it right. The LOWEST number. This year has been far better than previous years when hackers stole $3.8 billion in 2022 and $3.3 billion in 2021. Let’s see how these numbers will be in 2024. Stay Tuned! So, that’s a wrap for this week’s top crypto news. Coin Informer, your ultimate provider of recent crypto world updates and news, takes responsibility for keeping you informed of all recent crypto news. Make sure to read next week’s news article, too, as it’ll be the first weekly crypto news article of 2024. Have a great weekend and a happy New Year ahead!

Hey there, crypto enthusiasts! Welcome back to Coin Informer, your go-to source for the latest and greatest in the world of cryptocurrencies. Buckle up, because we’ve got a wild ride to discuss this week about Crypto Rollercoaster. The crypto market just added a staggering $100 billion to its global market capitalization, and the spotlight is on three major players: Moonriver (MOVR), Solana (SOL), and Optimism (OP). Picture this: Moonriver soaring 170% in a single day, Solana flipping XRP and BNB, and Optimism hitting a new all-time high. The crypto rollercoaster is in full swing, and we’re here to break down the twists and turns for you. Moonriver’s Meteoric Rise:(Crypto Rollercoaster) Early Week Struggles: Moonriver kicked off the week facing the bears’ wrath, trading in a tight range between $6.1253 and $6.8328. But hold on tight; the real action started on Dec. 21. Breakthrough Momentum: Social media buzz and increased investor demand fueled MOVR’s rally, pushing it up by a whopping 68% from $6.7233 to $11.35 in a single day. Resistance and Retracement: The bears fought back, triggering an 11.06% drop within hours. However, Moonriver held strong above $9, showcasing resilience amid selling pressure. Spiking to New Heights: Against all odds, Moonriver spiked 146% on Dec. 23, surging to $23.978. Speculation ties this uptrend to Kusama’s rally, pushing MOVR to a 19-month high of $44. Solana’s Unstoppable Rally:(Crypto Rollercoaster) Consistent Gains: Solana has been on a tear for months, and this week was no exception. Starting with a 5% intraday gain on Dec. 18, SOL closed above $70, defending the support at $71.78 the next day. Breaching $100 Barrier: Solana continued its surge, breaking the psychological $100 threshold for the first time since April 2022, reaching a high of $118 before facing resistance. Market Cap Triumph: SOL surpassed XRP’s market cap, securing the fifth-largest token spot, and went on to flip BNB, claiming the fourth position with a market cap above $47 billion. Optimism’s Stellar Performance: Slow Start, Explosive Finish: Optimism (OP) took its time at the beginning of the week, consolidating between $1.957 and $2.278. The real action unfolded on Dec. 21 with a 12.19% intraday increase. Record-Breaking Rally: Dec. 22 saw Optimism recording a massive 37% gain, hitting one of its largest intraday increases this year and breaking above the $2.5 resistance level. Reaching New Heights: Despite a brief pause and resistance at $3.535, Optimism soared to a new all-time high of $3.842, showcasing resilience above the $3.5 price support. The Crypto Conversation Continues: Now, imagine the crypto space as a bustling marketplace where each coin is a character in an intricate storyline. Moonriver, Solana, and Optimism are the protagonists of this week’s chapter, each with its own plot twists and turns. While MOVR dances with volatility, SOL stands as a testament to consistency, and OP, true to its name, optimistically surges to new heights. The crypto market is a stage where prices act out their dramas, and as spectators, we witness the thrilling performances. Conclusion: As we wrap up this exhilarating journey through the crypto rollercoaster, one thing is clear – the world of digital assets is dynamic, unpredictable, and undeniably exciting. Moonriver’s resilience, Solana’s dominance, and Optimism’s record-breaking run have captivated the attention of investors and enthusiasts alike. But remember, in the crypto realm, fortunes can change in the blink of an eye. So, stay tuned to Coin Informer for the latest updates, trends, and thrilling narratives from the ever-evolving world of cryptocurrencies. The Crypto Rollercoaster ride continues, and we’ll be here to guide you through every twist and turn. Happy investing!