
Memecoin season is among us and the FOMO is real. With PEPE still riding high and SPONGE moving up the ranks, what are the day’s other trending coins?
Dan is a seasoned blockchain reporter and cryptocurrency enthusiast with a passion for making complex topics easily digestible for a broad audience. With years of experience covering the dynamic world of blockchain technology and digital assets, Dan has established himself as a respected voice in the CoinNews community.
Memecoin season is among us and the FOMO is real. With PEPE still riding high and SPONGE moving up the ranks, what are the day’s other trending coins?
According to circulating reports, Binance CEO Changpeng Zhao has been seeking to reduce his stake in the US division since last year. It comes amid ever-growing scrutiny from United States federal regulators. As first reported by The Information yesterday, CZ, who is the Binance.US majority owner, has been aiming to implement the move been since last…
A tweet by Elon Musk has sent the price of Milady Meme Coin soaring by more than 12,000% at the time of writing. It follows a Musk tweet that shared a post showing one of the Milady Maker anime-style Ethereum NFT profile pictures. The post reads: “There is no meme. I love you.” It has…
A Coinbase email newsletter sent to customers on 10 May has led to a furious backlash and a boycott of the exchange by the Pepe community. Many Coinbase customers are now claiming they are moving to Gemini instead. At the time of writing, ‘DELETECOINBASE‘ is now trending on Twitter with 51.6k tweets and rising. It…
The price of Bitcoin is moving past the $28,000 mark following the latest US consumer price index (CPI) showing lower than expected inflation in April. At the time of writing, the BTC price was trading at $28,225.82 – up 2.84% in the past 24 hours. More than $10billion has been added to its market cap…
SpongeBob (SPONGE) – the Krabby Patty of memecoins – is having a moment as meme tokens continue to ride high in the crypto charts. In less than a week since its launch, the SPONGE community-driven token has risen by nearly 3,200%. Its premise is simple – who doesn’t love SpongeBob SquarePants? And now it’s just…
The Ethereum staking platform Lido Finance has scheduled a final on-chain vote this Friday (12 May) ahead of its upcoming V2 upgrade on 15 May. Lido has stated in a Twitter post, if the voting is successful with no last-minute issues, the V2 upgrade will proceed as planned next Monday. This will then fulfil direct…
When GALA V2 launches on 15 May, all GALA holders are scheduled for a $GALA(v2) 1:1 airdrop the same day. Ahead of this, GALA holders are advised to avoid keeping their funds in liquidity pools or smart contracts. According to a blog post, GALA must be removed from any liquidity pools or smart contracts before…
Coinbase has announced that it will discontinue its Borrow program effective from next week. The program allowed users to obtain cash loans by using Bitcoin as collateral. In a message emailed to users on Wednesday, the firm stated: “As of May 10, 2023, new loans will not be offered on Coinbase Borrow.” The company added:…
Five states in the US are ordering the people behind TruthGPT Coin to cease and desist using images of Elon Musk to promote what they label as a scam. According to the order, the Texas State Securities Board along with the Alabama Securities Commission, Montana State Auditor, Kentucky Department of Financial Institutions, and the New…