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Meme coins including Dogecoin, Shiba Inu, and BabyDoge have drawn the attention of investors in the cryptocurrency realm. Even though the initial meme coin movement was triggered by Dogecoin, numerous others followed suit. Even though Dogecoin has been lacking in terms of developments, Shiba Inu and BabyDoge have been making up for it. Moreover, all these cats and dogs come from the same neighborhood; there is always a secret competition over who is the better one. BabyDoge has been making headlines recently for numerous developments. The team deployed the BabyDogeswap mainnet on September 21, 2022. As per the details from WhaleStats, the meme coin has now entered the list of the most-traded tokens among the top-100 BSC whales. 📰 JUST IN: # BabyDoge @ BabyDoge coin flipped $DOME for MOST TRADED token among top 100 #BSC whales Check the top 100 whales here: https://t.co/0SYnjw0xQs (and hodl $BBW to see data for the top 4000!)# BabyDoge #DOME #whalestats #b...

There hasn’t been much to be bullish about in cryptocurrency markets in 2022. Bitcoin is down about 63% on the year. Ethereum is down about 67%. Price declines haven’t been the only thing to batter confidence in the nascent asset class. The collapse of the algorithmic stablecoin-dependent Terra Decentralised Finance (DeFi) ecosystem back in May triggered a cascade of bankruptcies across big leveraged players in the crypto space that eventually swept up the likes of Three Arrows Capital, Voyager Digital, BlockFi and, most recently, FTX. BTC is down big on the year. Source: TradingView The main catalyst for 2022’s bear market has been aggressive monetary policy tightening by major central banks like the US Federal Reserve in order to tackle a surge in inflationary pressures. The rapid rise in interest rates battered traditional asset classes (stocks and bonds), as well as cryptocurrency. And with the Fed still talking a hawkish game at the end of 2023...

Join Our Telegram channel to stay up to date on breaking news coverage The trading intelligence platform is on a way to becoming one of the most successful token sales of the year after raising more than $10 million during the Dash 2 Trade presale. Looking at the rivals, we can see that Dash 2 Trade undoubtedly has many more unique selling factors. The dashboard is still strong, and the ecosystem is growing. As a result, they are are receiving a lot of unique volume on the presale. You may check the complete video above to learn more information about the Dash 2 Trade dashboard preview, follow his YouTube channel for more Dash 2 Trade updates. Dash 2 Trade Presale Ending Soon Dash 2 Trade hard cap is still set at $13.42 million, 76.54% of this phase has now been sold, and has raised more than $10 million in its last presale stage. The first centralized exchange will launch on January 11, 2023. Here are the confirmed exchanges where the Dash 2 trade token will be listed afte...

Ever since the collapse of the prominent centralized exchange FTX, the masses have started migrating towards self-custody wallets. Such wallets allow users to be their own bankers and give them complete control of their funds and private keys. Parallelly, wallet security also becomes their sole responsibility. A recent search conducted by cops from the state police agency in Nevada made a suspect’s seed phrase public. An officer’s body camera apparently captured the access phrase. It took no time for the video footage to get viral on social media platforms like Twitter. Notably, two police officers were inspecting a suspect’s car and came across bits of paper. A particular piece of paper disclosed the suspect’s hand-written seed phrase. Quote-tweeting a video showcasing the same, Changpeng Zhao [CZ] asked users to learn about the risks involved in storing crypto. The Binance executive further asserted that he was a proponent of “free choice....

Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company is still committed to its metaverse pivot. Meta to Continue Pushing Metaverse and VR in 2023 Meta, the social metaverse company, is planning to continue to develop metaverse and VR-related projects during 2023. In an article written on Dec. 19, Andrew Bosworth, head of the metaverse division called Reality Labs, explains that while the company has suffered major drawbacks due to the economic downturn, it will still be pushing its new vision forward. Bosworth stated: I can say with confidence that after one of the hardest years in the history of the company, Meta remains as committed to our vision for the future as we were on the day we announced it. Facebook’s rebranding to Meta was...

Top traders' long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction. Bitcoin (BTC) broke below $16,800 on Dec. 16, reaching its lowest level in more than two weeks. More importantly, the movement was a complete turnaround from the momentary excitement that had led to the $18,370 peak on Dec. 14. Curiously, Bitcoin dropped 3.8% in seven days, compared to the S&P 500 Index's 3.5% decline in the same period. So from one side, Bitcoin bulls have some comfort in knowing that correlation played a key role; at the same time, however, it got $206 million of BTC futures contracts liquidated on Dec. 15. Some troublesome economic data from the auto loan industry has made investors uncomfortable as the rate of defaults from the lowest-income consumers now exceeds 2019 levels. Concerns emerged after the average monthly payment for a new car reached $718, a 26% increase in three years. Furthermore, alongside the Bank of England, ...

According to PeckShield, two dormant addresses have sprung back to life after almost four years to transfer Ethereum worth $27.2 million to two new addresses. As per the crypto Analysis firm, two transfers of 13,103.99 ETH and 9,878 ETH were made from Genesis and Poloniex, respectively. The ETH tokens in question have not moved since October 2018. Back then, the price of ETH was roughly between $190 to $230. However, on transfer day, ETH was priced at almost $1,200. #PeckShieldAlert 2 Dormant addresses transferred 22,982 $ ETH (~27.2M) to 2 fresh addresses, their last movement was October 2018 (1,535 days ago). These $ ETH originated from Genesis and Poloniex pic.twitter.com/MXKpLnypif — PeckShieldAlert (@PeckShieldAlert) December 19, 2022 Additionally, PeckShield provided a flowchart outlining the historical movement of the assets. The chart shows how the assets moved from the trading platforms to the new locations over time. Although no informat...

The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering. Karl Sebastian Greenwood, the co-founder of the multi-billion dollar fraudulent cryptocurrency scheme OneCoin has pleaded guilty to multiple charges brought forward by the United States Department of Justice (DOJ) and faces a maximum of 60 years in prison. The DOJ announced on Dec. 16 that Greenwood submitted a guilty plea in a Manhattan federal court to charges of wire fraud, wire fraud conspiracy and money laundering conspiracy with each charge carrying a maximum potential sentence of 20 years in jail. U.S. Attorney Damian Williams said Greenwood operated “one of the largest international Fraud schemes ever perpetrated” and claimed he touted OneCoin as a “Bitcoin killer” when in reality the tokens were “entirely worthless.” OneCoin was a Bulgarian company founded by Greenwood alongside “Cryptoqueen” Ruja Ignatova that marketed a cryptocurrency by the s...

After the former 45th president of the United States, Donald Trump revealed his non-fungible token (NFT) trading card collection, Trump’s NFTs sold out within hours after the announcement. Statistics from Opensea, three days after the sale, show that the Trump NFT trading card collection’s floor value is now .49 ether or roughly $578. Trump NFTs Sell out, Cards Quadruple in Value on Opensea, Left-Leaning Political Commentators Are Outraged Donald Trump once said in 2019 that he was not a fan of bitcoin (BTC), and today the former president has leveraged blockchain technology to release his NFT trading cards. The collection of 45,000 cards Features images of Trump dressed as Superman, an astronaut, a cowboy, and many other designs. However, there’s been accusations that the team behind Trump’s NFTs used stock images from Shutterstock and left the Shutterstock watermarks on the NFT photos. Half the people mocking Trump for selling NFTs today were silent wh...

The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi Drops Below $40 Billion The value locked in defi protocols has dropped below the $40 billion region for the first time in 675 days, or since the first week of Feb. 2021. At that period in time, it was the first time the TVL in defi reached the $40 billion mark after climbing from the $1 billion zone a year prior in Feb. 2020. With the aggregate locked in defi today at $39.53 billion, statistics show that Makerdao commands the largest TVL this weekend and dominates by 14.91%. Makerdao’s TVL is around $5.89 billion and during the last week, it has shed 6.88% in value. In terms of value-locked data, Makerdao’s TVL is followed by Lido, Curve, Aave, and Uniswap respectively. Most o...