
Despite a slump in gold bar and coin demand within the U.S, global demand has seen an increase in Q1. Meanwhile, power theft has exponentially risen in Malaysia due to illegal cryptocurrency mining. ROSE coin, part of the Oasis Network, is anticipated to maintain its positive growth trajectory leading up to 2025. The espousal of digital currencies continues to be notable, with Telegram's cryptocurrency holdings escalating to $1.3 Billion in H1 of 2024. The period saw increased instances of celebrities entering the crypto space, with Amber Rose launching her own token MUVA. The value of several digital currencies, including Trump's coin and meme coin Alien Shiba Inu, also saw significant increases.
Furthermore, Bitcoin remains in focus, with mining profitability rising and the coin's price escalating amid a softer inflation forecast. But, not all developments were positive. Some voiced concerns that Trump's meme coin could undermine the credibility of other cryptocurrencies. Similarly, controversy emerged when Guns N’ Roses guitarist Slash's account was hijacked to promote a fake Solana meme coin. ROSE coin also faced a potential risk, with 170 Million of the crypto set to be unlocked, raising questions over its future price.
Despite some market volatility, the predicted growth of Oasis Network, the potential for AI Tokens, and the excitement around new sports trading coins featuring big-name athletes like Floyd Mayweather, suggest continued enthusiasm in the crypto landscape. Technological advancements, such as Ethereum's layer-2 volumes rising by 70%, may provide further indicators of market growth.
ROSE Coin News Analytics from Wed, 16 Feb 2011 08:00:00 GMT to Tue, 13 May 2025 12:45:00 GMT - Rating 4 - Innovation 7 - Information 8 - Rumor 6