Magic Eden’s Token Crashes 55% After Airdrop Chaos and App Failures
TL;DR Magic Eden’s native token, ME, launched through an airdrop, initially surged to $17 but faced a 67% drop due to technical glitches and user frustrations.
Latest news from: José Gutiérrez
José Gutiérrez
José Gutiérrez, a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies -
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Raydium Dominates the DEX Landscape, Holding 65% of Solana’s Monthly Volume
TL;DR Raydium has emerged as a dominant force, consistently outperforming Uniswap in monthly trading volume and capturing a significant share of the market. In November 2024,
Charles Hoskinson’s Bold Plan to Revolutionize Bitcoin DeFi by 2025
TL;DR Charles Hoskinson has unveiled an ambitious plan to revolutionize Bitcoin’s DeFi ecosystem by 2025, aiming to unlock Bitcoin’s untapped potential and position it as a
Floki Developers Introduce Multi-Crypto Debit Card Supporting 8 Blockchain Networks
TL;DR Floki has launched a multi-crypto debit card supporting eight blockchain networks, available in both physical and virtual formats, allowing users to spend their crypto assets.
Biggest Liquidation Since 2021 Amid Crypto Market Crash
TL;DR The cryptocurrency market experienced its largest liquidation event since 2021, with approximately $1.6 billion worth of positions liquidated as Bitcoin and other cryptocurrencies sharply declined
Bitmain’s S21 Pro Mining Hardware Rolls Out with New U.S. Production Line
TL;DR Bitmain has launched a new U.S.-based production line for the Antminer S21 Pro to enhance supply chain efficiency and provide faster service to North American
Galxe’s Gravity Network Expands with New EVM Upgrade and $50M Support Fund
TL;DR Galxe has introduced Grevm 1.0, a new Ethereum Virtual Machine upgrade built on Rust, enhancing the performance and scalability of the Gravity network for developers.
Bitcoin Drops After Six-Figure Fail! Altcoins Hit Harder with Big Losses
TL;DR Bitcoin’s price dropped below $100,000, causing over $1.5 billion in liquidations and widespread market panic. Major altcoins like Ethereum, Solana, and XRP experienced double-digit losses,
Movement Developers Roll Out Mainnet Beta and Token Generation Event
TL;DR Movement Labs has launched the mainnet beta and a token generation event for its native token, $MOVE, marking a significant milestone. The Movement Network, distinguished
Digital Assets See Historic $3.85B Inflows; Solana Faces Outflows, Ethereum Shines
TL;DR Digital assets investment products recorded a historic $3.85 billion in inflows last week, highlighting growing institutional interest and pushing YTD totals to $41 billion. Ethereum
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