Key crypto-market developments encompass various dimensions, ranging from novel product concepts to substantial profits, market movements and regulatory interactions. In a curious blend of gaming and finance, Nintendo has released an alarm clock playing Mario coin noises.
Meanwhile, digital currencies tied to celebrities and memes have seen massive profit turns. Notably, insiders reportedly made $250,000 on Cardi B WAP Solana Meme Coin in just 12 hours, and a crypto investor turned $1.3K into $12.45 M in 17 days with Moo Deng Memecoin.
In exciting market valuation news, a 25 pence piece astonishingly garnered 6,800 times its face value at auction, while a set of coins forbidden to be sold for a century garnered a cool $16.5M.
On the cryptocurrency market performance front, bitcoin’s sell-side risk is at its lowest since 2024, a stone’s throw away from BTC’s price record. Furthermore, anticipation is building up around an unlisted crypto coin as Q4 gets underway.
In regulatory activities, Coinbase plans to remove all non-compliant stablecoins, even as its cbBTC surged to become the third-largest wrapped BTC token in just a week. Meanwhile, senior government officials have pondered a '$1 Trillion Platinum Coin'.
Crypto exchanges are not having it easy with Mt. Gox seeing $3.2B BTC in outflows in just two hours, and dYdX, a DeFi giant, reporting that its v3 platform is compromised.
Enthusing crypto-enthusiasts, Bitcoin breached the $65,000 threshold but concerns around its sustainability loom. Notably, a federally employed professor suggests Wisconsin’s pension plan could invest more in Bitcoin ETFs, and some researchers hint at the bull run merely beginning.
Completing the coin news palette, the Mint produced just 2.66 billion coins in H1 2024, while a surprising turn of events garnered a man $200 worth of rare coins for just $20. Finally, a coin expert shares how some pennies could be worth $20,000, making for a diverse range of updates from the crypto and coin spheres.
JUST Coin News Analytics from Mon, 27 Nov 2023 08:00:00 GMT to Wed, 09 Oct 2024 13:58:16 GMT - Rating -1 - Innovation 0 - Information -1 - Rumor -2