Meme coins have been thrust in the spotlight once again as the controversial MELANIA token makes headlines once again. A Fortune report shows a group of traders that bought millions of dollars worth of MELANIA gained nearly $100 million in profits by selling the meme coin at its peak. Dogecoin (DOGE), Shiba Inu (SHIB) and…
Steak ‘N Shake has declared that all its outlets nationwide will start accepting Bitcoin payments starting from May 16 as part of shift towards cryptocurrency. In a recent post, the American fast-food chain announced that it will provide its more than 100 million customers with the option to pay for “original steakburgers and homemade milkshakes”…
Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data. Bitcoin (BTC) shorts accounted for $321 million in liquidations. At the same time, open interest increased…
Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives market, whose volume jumped 184%, as per Coinglass data. Open interest in Ethereum (ETH) futures…
HyperLiquid has flipped a major resistance level into support at $20, signaling strong bullish momentum. If this level holds, a 41% move toward $29 could be on the horizon. After a series of consistent higher lows and higher highs, Hyperliquid (HYPE) has reclaimed a major technical level: the $20 resistance. This breakout confirms that bulls…
The EOS token rallied for a second consecutive day, hitting its highest level since April 5 as investors reacted to the upcoming full rebrand to Vaulta. The surge also came alongside a sharp rise in volume processed by its decentralized exchange protocols. EOS (EOS) rose to a high of $0.850, up 95% from its April…
Jupiter token, powering the biggest dApp on Solana, rose more than 11% during this rally, benefiting from ecosystem growth. Jupiter (JUP), the biggest DEX aggregator on Solana (SOL), is taking advantage of the latest market rally. On Thursday, May 7, the token was up 11.83%, reaching $0.4622, driven by both market momentum and ecosystem growth….
Pepe Coin, a top Ethereum meme coin, soared and crossed a crucial resistance level as its spot volume and futures open interest jumped. Pepe (PEPE) token jumped to a high of $0.000010, its highest level since February 18, and 65% above its lowest level this year. The 24-hour volume soared by 140% to $1.20 billion,…
Ethereum has surged past the critical $2,000 psychological and technical level after an explosive move from $1,800 support. This breakout could mark the beginning of a major rally toward $2,820, a 40% upside potential if momentum holds. After weeks of range-bound consolidation, Ethereum (ETH) has finally broken through the highly contested $2,000 resistance. This level…
The Official Trump Coin surged on Thursday, bolstered by a broader recovery across Bitcoin, altcoins, and the stock market. The Trump Coin (TRUMP) token rose to $12.45, its highest level since May 3, and up by 72% above its lowest level in April. This rebound pushed its market cap to over $2.46 billion. The rally…
