Day: December 11, 2024

Coincheck to Go Public on Nasdaq via SPAC Merger

Japan’s second-largest cryptocurrency exchange, Coincheck, is set to go public on the Nasdaq on Wednesday, marking a major milestone for the company and the broader crypto industry. The move comes via a de-SPAC merger with Thunder Bridge Capital IV, enabling Coincheck to become the second crypto exchange to list publicly in the United States. The […]

PEPE Outshines WIF in Meme Coin Battle

In the meme coin space, Pepe (PEPE) and dogwifhat (WIF) rank as the third and fourth-largest memecoins by market capitalization, respectively. PEPE currently boasts a market cap of $10.2 billion, while WIF trails significantly at $2.8 billion. This discrepancy generally suggests WIF has more room to grow, yet recent performance tells a different story. While […]

Scammers Use Fake Bots to Raid Crypto Wallets

Scammers are leveraging a sophisticated mix of fake X (formerly Twitter) accounts, phony Telegram channels, and malicious verification bots to steal cryptocurrency, blockchain security firm Scam Sniffer has warned. In a Dec. 10 X post, Scam Sniffer detailed how scammers impersonate popular crypto influencers on X, luring victims into fake Telegram groups under the guise […]

DTX Exchange Gains Spotlight Amid Market Correction

November’s surging crypto prices and volumes brought significant gains to investors, but the month ended with a market correction. Both Bitcoin (BTC) and XRP holders adjusted their positions, leading to a widespread dip across several coins. Historically, upcycles in crypto markets have shown that projects with strong community support and high user utility generate the […]

MicroStrategy Eyes Nasdaq 100 Inclusion

MicroStrategy (MSTR), known for its aggressive Bitcoin acquisition strategy, is set to potentially join the Nasdaq 100 index on December 23, with the official announcement expected on December 13. Bloomberg ETF analyst Eric Balchunas shared the development in a December 11 post on X, highlighting MicroStrategy’s anticipated move and its broader implications. According to Balchunas, […]

Magic Eden’s ME Token Faces Rocky Start

Magic Eden’s freshly launched ME token saw a turbulent debut, plummeting 67% from its post-launch high as users aired frustrations over a buggy mobile app and a convoluted claiming process. The NFT platform’s native token debuted on Dec. 10 at $6.70, briefly rallying to $13.10 before crashing to a low of $4.30, according to DexScreener […]