SteepCoin(STEEP)

The Ethereum layer 2 scaling solution platform $METIS has experienced a further decline of 7% today, adding to its losses of 40% over the past 7 days. The platform’s performance reflects the ongoing volatility in the cryptocurrency market. Recent on-chain reports indicate that a suspected $METIS market maker address has […]

In the past 24 hours, the price of the popular memecoin BOME on the Solana network has taken a significant hit, dropping by nearly 50%. Consequently, its current market value has plummeted below the $500 million mark.  This downward trend hasn’t been exclusive to BOME, as other memecoins like PEPE, […]

Solana’s SLERF token experienced a whirlwind of activity, characterized by a rapid price surge followed by a steep decline, leaving investors and traders reeling from the volatility. According to on-chain reports from Lookonchain, an address identified as 5Jha8h…jmbzxd entered the market with a bold move, purchasing 69.74 million SLERF tokens […]

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.

Multibit ($MUBI), a dual-sided bridged token operating on both the BRC20 and ERC20 platforms, has experienced a significant downturn in its value over the past month.  With losses exceeding 33% in the last 30 days and 21% in the past week, the token faces considerable downward pressure. Today, the decline […]

Although the product may be attractive to users without technical abilities, it may not be the best solution out there.

Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022.

[PRESS RELEASE – San Francisco, USA, November 15th, 2023] Onboarding new users into the world of blockchain and AI can be a daunting task filled with complexity. From wrapped tokens to private keys, the learning curve is steep. This creates barriers to adoption for regular internet users who want to explore the possibilities of decentralized […]

The price of ADA dropped by a steep 6% after failing to hold above $0.30 yesterday. As a result, the number nine-ranked crypto is now trading at $0.29. The short-term price drop is primarily attributed to dormant whales moving their coins back into circulation. On the other hand, traders are turning their attention to alternative […]

The meme coin market continues to face extreme volatility, with Dogecoin (DOGE) and Shiba Inu (SHIB) seeing significant price swings. Both DOGE and SHIB saw a steep drop over the past 72 hours, leaving investors in a state of uncertainty. However, one coin defying the trend and continuing to garner attention is Meme Kombat (MK) […]

Bitcoin is witnessing a 16-year high in 30-year U.S. government bond yields, and money printing is all but guaranteed, says the ex-BitMEX CEO.

The dwindling liquidity may lead to a steep correction in Bitcoin's price, confirming a bearish trend.

The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.

Bitcoin Ordinals are going nowhere, with data reporting that nearly 85% of network activity on Bitcoin was Ordinals-related. The Bitcoin Ordinal’s domination comes despite the fact that Bitcoin’s price has seen a considerable decrease and suggestions that the hype around Bitcoin NFTs may have taken a back seat. Ordinals Continue To Dominate Bitcoin Network On the 21st of August, Bitcoin Ordinals developer Leonidas took to X (formerly Twitter) to highlight that Bitcoin had around 530,788 transactions over the past 24 hours. Leonidas stated that out of this number, 450,785 were transactions that were related to Ordinals. Leonidas stated in their post, “Over the past 24 hours, Bitcoin had 530,788 transactions. 450,785 of those transactions were Ordinals related. In the midst of everyone claiming “Ordinals are dead,” they have literally accounted for 84.9% of the activity on Bitcoin. You can’t make this stuff up.” Data from Dune Analytics backed up the trend, with the platform reporting that the 20th of August saw over 400,000 Ordinal inscriptions. Meanwhile, data sourced from Bitinfocharts reported a daily Bitcoin transaction count of around 556,000. According to these numbers, over three-quarters of activity on the 20th of August on the Bitcoin network was related to Ordinals. “85% of on-chain bitcoin transactions in the past 24 hours are ordinals related EIGHTY FIVE PERCENT the main use case of the bitcoin chain is ORDINALS.” According to industry researcher Eric Wall, the past week saw 54% of the transactions on the Bitcoin network were Ordinals or related to Ordinals. Data sourced from Dune Analytics has shown that there have been a total of 25.5 million Ordinals inscriptions, which have generated over $53 million in fees on the Bitcoin network. Currently, BRC-20 token minting dominates inscriptions, with over 1.9 million of them mined during the previous week. Numbers In Stark Contrast To DappRadar Report These figures and claims are in stark contrast to a report published by DappRadar on the 17th of August. The report claimed that Ordinals NFT usage and sales volume had registered an “alarming plunge,” and trading volume had tanked by a staggering 98% since peaking in May. DappRadar showed its data which showed that the total Bitcoin Ordinals sales volume had dropped from a peak of $452 million in May to around $3 million as of the 14th of August. It described the scenario as “grim” for the larger Ordinals market. However, it also emphasized that it would need more time to determine if the situation was a temporary setback or a systemic problem with Bitcoin-based NFTs. The report stated, “This steep decline in both sales volume and count within such a short period is alarming for Bitcoin Ordinals. The diminishing sales count underscores the waning enthusiasm or perhaps confidence in Bitcoin NFT. While fluctuations in sales volume could be attributed to market dynamics, a consistent decline in transaction count may point toward broader issues. It suggests that fewer traders are engaging with Bitcoin Ordinals, which could raise concerns about its longevity and relevance in the NFT space.” However, many have pointed out that the DappRadar report looked at the sales and trading volume of those NFTs that were minted on the Bitcoin network. However, it did not look at the actual inscription activity, which they pointed out was very high. A Divided Community DappRadar suggests in its report that a key issue regarding the sustainability of Ordinals is that the Bitcoin community is split down the middle on whether NFTs should even be on the Bitcoin network or not. This is not an issue when it comes to blockchains such as Ethereum, which has a thriving NFT community. According to DappRadar, many in the Bitcoin community view Bitcoin as “digital gold” and that its primary function is that of a store of value. The report added, “There are voices within the community that view Bitcoin primarily as ‘digital gold,’ suggesting that its primary function should remain as a store of value. On the other hand, Ethereum is often referred to as ‘digital oil,’ indicating its role in fueling the digital economy. The coming months will be crucial in determining whether Bitcoin finds a foothold in the ever-evolving NFT landscape or reverts to its primary role as a store of value.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin Ordinals are going nowhere, with data reporting that nearly 85% of network activity on Bitcoin was Ordinals-related. The Bitcoin Ordinal’s domination comes despite the fact that Bitcoin’s price has seen a considerable decrease and suggestions that the hype around Bitcoin NFTs may have taken a back seat. Ordinals Continue To Dominate Bitcoin Network On the 21st of August, Bitcoin Ordinals developer Leonidas took to X (formerly Twitter) to highlight that Bitcoin had around 530,788 transactions over the past 24 hours. Leonidas stated that out of this number, 450,785 were transactions that were related to Ordinals. Leonidas stated in their post, “Over the past 24 hours, Bitcoin had 530,788 transactions. 450,785 of those transactions were Ordinals related. In the midst of everyone claiming “Ordinals are dead,” they have literally accounted for 84.9% of the activity on Bitcoin. You can’t make this stuff up.” Data from Dune Analytics backed up the trend, with the platform reporting that the 20th of August saw over 400,000 Ordinal inscriptions. Meanwhile, data sourced from Bitinfocharts reported a daily Bitcoin transaction count of around 556,000. According to these numbers, over three-quarters of activity on the 20th of August on the Bitcoin network was related to Ordinals. “85% of on-chain bitcoin transactions in the past 24 hours are ordinals related EIGHTY FIVE PERCENT the main use case of the bitcoin chain is ORDINALS.” According to industry researcher Eric Wall, the past week saw 54% of the transactions on the Bitcoin network were Ordinals or related to Ordinals. Data sourced from Dune Analytics has shown that there have been a total of 25.5 million Ordinals inscriptions, which have generated over $53 million in fees on the Bitcoin network. Currently, BRC-20 token minting dominates inscriptions, with over 1.9 million of them mined during the previous week. Numbers In Stark Contrast To DappRadar Report These figures and claims are in stark contrast to a report published by DappRadar on the 17th of August. The report claimed that Ordinals NFT usage and sales volume had registered an “alarming plunge,” and trading volume had tanked by a staggering 98% since peaking in May. DappRadar showed its data which showed that the total Bitcoin Ordinals sales volume had dropped from a peak of $452 million in May to around $3 million as of the 14th of August. It described the scenario as “grim” for the larger Ordinals market. However, it also emphasized that it would need more time to determine if the situation was a temporary setback or a systemic problem with Bitcoin-based NFTs. The report stated, “This steep decline in both sales volume and count within such a short period is alarming for Bitcoin Ordinals. The diminishing sales count underscores the waning enthusiasm or perhaps confidence in Bitcoin NFT. While fluctuations in sales volume could be attributed to market dynamics, a consistent decline in transaction count may point toward broader issues. It suggests that fewer traders are engaging with Bitcoin Ordinals, which could raise concerns about its longevity and relevance in the NFT space.” However, many have pointed out that the DappRadar report looked at the sales and trading volume of those NFTs that were minted on the Bitcoin network. However, it did not look at the actual inscription activity, which they pointed out was very high. A Divided Community DappRadar suggests in its report that a key issue regarding the sustainability of Ordinals is that the Bitcoin community is split down the middle on whether NFTs should even be on the Bitcoin network or not. This is not an issue when it comes to blockchains such as Ethereum, which has a thriving NFT community. According to DappRadar, many in the Bitcoin community view Bitcoin as “digital gold” and that its primary function is that of a store of value. The report added, “There are voices within the community that view Bitcoin primarily as ‘digital gold,’ suggesting that its primary function should remain as a store of value. On the other hand, Ethereum is often referred to as ‘digital oil,’ indicating its role in fueling the digital economy. The coming months will be crucial in determining whether Bitcoin finds a foothold in the ever-evolving NFT landscape or reverts to its primary role as a store of value.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Funding rates tanked on several exchanges, indicating a steep discount in bitcoin perpetual futures.

Major cryptocurrencies are registering steep losses as a perfect storm led by worsening inflation levels, SEC’s hawkish stance and struggling equities has turned the market sentiment distinctly bearish. The global crypto market cap plummeted by 2% over the past day, with even Bitcoin showing strong volatility as it fell to the $28,600 price level. XRP […]

In the dynamic crypto landscape, a potential disruptor has emerged - Tradecurve. Analysts are predicting a viral surge for this newcomer, setting it up as a formidable rival to established players like Huobi Token (HT) and Binance (BNB). This article delves into this developing narrative, exploring the potential reasons behind Tradecurve's predicted rise and what it means for its competition. >>Register For The Tradecurve Presale<< Tradecurve (TCRV): The Viral Surge and Its Impact on Huobi Token (HT) and Binance (BNB) Signing up for crypto exchanges like Huobi and Binance can be a daunting task. There are endless KYC requirements, complex interfaces, and often long wait times. Enter Tradecurve: a trading platform that removes KYC requirements to enable anonymous transactions. All that's required to sign up on Tradecurve is an email address and a crypto deposit. Once signed up, you can get instant exposure to crypto, forex, commodities, and company stocks. Tradecurve really is an all-in-one trading platform. Tradecurve is introducing an array of features designed to give traders an edge in the market. Among these is copy trading, enabling traders to emulate the strategies of successful peers. Tradecurve also includes AI-assisted automated trading, staking for passive income, and substantial leverage of up to 500:1. Market sentiment towards Tradecurve is overwhelmingly positive, as demonstrated by the successful sale of over 100 million tokens in the fourth phase of the presale. Now in phase 5 for $0.025 per token, market analysts predict that the price of TCRV could surge to well over $1.00 in the next year. Some market watchers have even drawn comparisons between the potential growth trajectory of Tradecurve and the rise of Binance. The latter started at a mere $0.11 during its ICO phase and has since ballooned to over $600. If these predictions materialize, early TCRV investors could see significant returns once the token is listed on major exchanges. Huobi (HT) Faces Regulatory Pressure Huobi, a top global cryptocurrency exchange, finds itself in choppy waters as its token price has plunged an alarming 93% to just $2.66. This steep Huobi decline is largely attributable to the crypto winter which has caused the entire digital asset market to suffer. However, there is no denying that Huobi is under increasing pressure from regulators, as well as the competition. For instance, Huobi was forced to shut its operations in Malaysia, a market where it had been flourishing. An analysis of Huobi's daily trading chart reveals a discernible descending triangle pattern, indicating that Huobi's price is trapped in a downward spiral. Although a reversal might be possible, breaking through the formidable $3.00 resistance level presents a substantial obstacle for the Huobi token. Moreover, Tradecurve's debut in crypto trading could effectively take a slice of Huobi's market share away, eating into its profits and further depressing its token price. Binance (BNB) Loses Ground To Tradecurve (TCRV) Navigating through a storm of regulatory scrutiny, Binance finds itself in a precarious position. It is wrestling with the enforcement measures taken by both the Markets in Crypto-Assets (MiCA) and the U.S. SEC. The Binance token has nosedived from $308 on June 5th to a low of $221 within a few days. This is in the wake of these unsettling developments. The road ahead for Binance appears riddled with obstacles.Although, Binance has managed a modest recovery, trading at $245 at present, t The future of Binance now hinges on its ability to navigate these regulatory challenges and regain the trust of its user base. Market analysts are closely watching the critical $200 support level for Binance, a threshold that has marked the lower bound of its trading range for the past year. With Tradecurve's arrival, Binance faces a formidable new rival that is expected to siphon off some of its market share. Binance holders are already starting to sell their tokens to take part in the Tradecurve presale, further threatening the drop below $200. For more information about the Tradecurve (TCRV) presale: Website: https://tradecurve.io/ Buy presale: https://app.tradecurve.io/sign-up Twitter: https://twitter.com/Tradecurveapp Telegram: https://t.me/tradecurve_official Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

In the dynamic crypto landscape, a potential disruptor has emerged - Tradecurve. Analysts are predicting a viral surge for this newcomer, setting it up as a formidable rival to established players like Huobi Token (HT) and Binance (BNB). This article delves into this developing narrative, exploring the potential reasons behind Tradecurve's predicted rise and what it means for its competition. >>Register For The Tradecurve Presale<< Tradecurve (TCRV): The Viral Surge and Its Impact on Huobi Token (HT) and Binance (BNB) Signing up for crypto exchanges like Huobi and Binance can be a daunting task. There are endless KYC requirements, complex interfaces, and often long wait times. Enter Tradecurve: a trading platform that removes KYC requirements to enable anonymous transactions. All that's required to sign up on Tradecurve is an email address and a crypto deposit. Once signed up, you can get instant exposure to crypto, forex, commodities, and company stocks. Tradecurve really is an all-in-one trading platform. Tradecurve is introducing an array of features designed to give traders an edge in the market. Among these is copy trading, enabling traders to emulate the strategies of successful peers. Tradecurve also includes AI-assisted automated trading, staking for passive income, and substantial leverage of up to 500:1. Market sentiment towards Tradecurve is overwhelmingly positive, as demonstrated by the successful sale of over 100 million tokens in the fourth phase of the presale. Now in phase 5 for $0.025 per token, market analysts predict that the price of TCRV could surge to well over $1.00 in the next year. Some market watchers have even drawn comparisons between the potential growth trajectory of Tradecurve and the rise of Binance. The latter started at a mere $0.11 during its ICO phase and has since ballooned to over $600. If these predictions materialize, early TCRV investors could see significant returns once the token is listed on major exchanges. Huobi (HT) Faces Regulatory Pressure Huobi, a top global cryptocurrency exchange, finds itself in choppy waters as its token price has plunged an alarming 93% to just $2.66. This steep Huobi decline is largely attributable to the crypto winter which has caused the entire digital asset market to suffer. However, there is no denying that Huobi is under increasing pressure from regulators, as well as the competition. For instance, Huobi was forced to shut its operations in Malaysia, a market where it had been flourishing. An analysis of Huobi's daily trading chart reveals a discernible descending triangle pattern, indicating that Huobi's price is trapped in a downward spiral. Although a reversal might be possible, breaking through the formidable $3.00 resistance level presents a substantial obstacle for the Huobi token. Moreover, Tradecurve's debut in crypto trading could effectively take a slice of Huobi's market share away, eating into its profits and further depressing its token price. Binance (BNB) Loses Ground To Tradecurve (TCRV) Navigating through a storm of regulatory scrutiny, Binance finds itself in a precarious position. It is wrestling with the enforcement measures taken by both the Markets in Crypto-Assets (MiCA) and the U.S. SEC. The Binance token has nosedived from $308 on June 5th to a low of $221 within a few days. This is in the wake of these unsettling developments. The road ahead for Binance appears riddled with obstacles.Although, Binance has managed a modest recovery, trading at $245 at present, t The future of Binance now hinges on its ability to navigate these regulatory challenges and regain the trust of its user base. Market analysts are closely watching the critical $200 support level for Binance, a threshold that has marked the lower bound of its trading range for the past year. With Tradecurve's arrival, Binance faces a formidable new rival that is expected to siphon off some of its market share. Binance holders are already starting to sell their tokens to take part in the Tradecurve presale, further threatening the drop below $200. For more information about the Tradecurve (TCRV) presale: Website: https://tradecurve.io/ Buy presale: https://app.tradecurve.io/sign-up Twitter: https://twitter.com/Tradecurveapp Telegram: https://t.me/tradecurve_official Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Click Here To Find Out More About The Pomerdoge (POMD) Presale Pepe (PEPE) Soar on Bullish Whale Activity Pepe (PEPE) is a cryptocurrency inspired by the internet meme Pepe the Frog. Surprisingly, Pepe experienced a phenomenal rally after its launch on April 16th, achieving a 7000% price pump within just 17 days. However, its price sharply dropped to $0.000001153 on May 12th, 2023, and has been on a decline since then. According to CoinMarketCap, Pepe is bullish today trading at $0.00000143, an increase of 12% in the last 24 hours. This is coming after huge whale activity. Lookonchain, a blockchain analytics firm, revealed that two whales bought over 1.56 trillion tokens. This is about 1,100 ETH ($2.06 million). Although Pepe's price has dropped, it still maintains a robust market cap of over $500 million. However, being a meme coin with no use case, Pepe would have a tough time reaching $0.01. Besides, Pepe will have to soar more than 600,000x to reach $0.01. Floki Inu (FLOKI) Drops 8% on the Weekly Chart The Floki Inu (FLOKI) project initially started as a meme-coin based on Elon Musk's dog. However, it has since evolved into a fully-fledged web3 project, spanning DeFi, NFTs, and the Metaverse. The Floki token is now famously referred to as "The People's Crypto." Meanwhile, Floki Inu is bearish on the weekly timeframe, trading at $0.00002243. This is an 8.01% price decline in the past 7 days. Floki Inu is 93.46% away from its all-time high of $0.0003437. Similarly, Floki Inu's trading volume has been on a steep decline. It has dropped by about 24.10% in the last 24 hours, a sign of low market activity and support from investors. Looking forward, Floki Inu has a bleak chance of hitting 0.01$ in 2023. Analysts: Pomerdoge (POMD) To Skyrocket 4,000% Unlike Pepe and Floki Inu, Pomerdoge has a great utility that would increase its price in 2023. Currently, the token's price stands at a mere $0.007. Despite this, analysts express a bullish outlook on the project, projecting an impressive 4,000% ROI for potential investors. Pomerdoge aims to capitalize on the potential of the blockchain gaming market as a P2E cryptocurrency game. As per MarketsandMarkets, the global blockchain gaming market will hit $65.7 billion by 2027. Pomerdoge's vision is to foster global connections among players by offering an engaging and competitive gaming experience. The SolidProof and Cyberscope have already audited the project, ensuring user security. At the heart of the Pomerdoge ecosystem lies $POMD, the Pomerdoge token. This in-game currency grants users access to a variety of benefits, including NFTs, rewards, and exclusive items from the Pomerdoge marketplace. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

seychelles, seychelles, July 17th, 2023, ChainwireAs part of Flipster's (formerly AQX) name launch, the business today announced an additional 1,500,000 USD worth of bonus rewards to encourage new users to join and trade on their exchange. Until the rewards are fully distributed, the futures exchange will run at least one campaign per week to encourage new users to signup and trade derivatives on the Flipster platform. Under the old name the exchange has already made available more than 400,000USDT worth bonus in past campaigns.The first promotion in the series kicked off on the 17th of July, 2023 (running for seven days). A massive 110,000 USDT in bonuses has been allocated. 10,000 USDT to reward new users when completing identity verification with a 10 USDT Bonus. The remaining 100,000 USDT bonus is to incentivise and reward high volume traders that give the platform a chance. The top performer by trading volume will be rewarded with 10,000 USDT in Bonus at the end of the weekly campaign.Flipster has reimagined futures trading with a mobile-first approach to appeal to casual crypto traders with limited experience in derivatives trading (or, as they say, Flipping).The method is to specialize in derivatives trading, stripping back the app experience to make it faster to learn and easier to use. Novice traders can open, close and monitor positions from any location. Potentially meaning some users may make more money on the bus to work, than from their days Labor. Beyond ease of use, the portable experience makes trading fun and feels less like a technical task.The flip to a mobile-first approach came after initially having a web experience similar to other futures exchanges. The traditional UI for futures trading has a steep learning curve and is considerably more technical, which strongly contrasts with the UI that most contemporary apps users have become familiar with. The data concluded that users new to derivatives were not attracted to this experience as it had been built for experienced traders. The Flipster team discovered a few alternative UIs for future trading and none that have successfully been created to onboard new users to crypto futures trading at scale.While the focus is on simplicity, Flipster has features that will spark the interest of experienced traders as well. The exchange regularly adds new perpetual swap contracts, and as of today, over 120 assets can be traded with leverage, making Flipster a competitive exchange for traders to consider. Amongst their assets are tokens not found for futures on other exchanges and some even with low visibility in spot markets.CEO Yongjin Kim said, "The team has been working very hard on bringing this new vision for futures trading to life, and now is the right time to incentivise users to trade with us. Once users start trading on our platform, they will be coming back again and again. Rather than just copying what every other exchange has done, we are doing something fresh, and I believe the market is ready for some injection of new ideas. To our existing users, I want to thank you for being with us, and to the new guys coming in now, Welcome".Get started by creating a Flipster account flipster.xyzAbout FlipsterFounded in 2021, Flipster (ex AQX) is the industry's easy-to-use crypto derivatives trading platform. It offers users an all-in-one platform trading more than 120 tokens with leverage up to 50x. Get started at flipster.xyz to join online or download the app and play store. For media enquiries including interviews with the team reach out at [email protected] more information follow Flipater on Twitter.ContactHead of MarketingBen RogersPrex [email protected]

Shiba Inu, the intriguing token that gained attention during the 2021 bull market, is facing concerns about its liquidity. Despite once boasting a Total Value Locked (TVL) of $1.75 billion, ShibaSwap's TVL has plummeted to a mere $25.16 million. The token's developers made headlines by donating a significant portion to Ethereum's Vitalik Buterin and burning a large number of remaining tokens. However, the ongoing liquidity issue has raised worries among Shiba Inu enthusiasts. Liquidity is crucial in the cryptocurrency market, as it signals stability and allows for precise pricing and trading. Unfortunately, the industry has been experiencing a prolonged liquidity crisis, impacting major cryptocurrencies like Bitcoin and Ethereum. The market has seen steep price declines and contentious issues. The duration of the current liquidity problem remains uncertain, leaving many individuals concerned about its resolution. Despite Shiba Inu's impressive market capitalization of $5 billion, its popularity has decreased. The cryptocurrency industry's liquidity problem has affected the market's development, efficiency, and future. Analysts continue to debate the impact of this issue and its potential duration. Overall, the decline in liquidity and its implications for Shiba Inu and the broader cryptocurrency market have captured the attention of crypto enthusiasts. The resolution of the ongoing liquidity issue remains uncertain, leaving stakeholders eagerly awaiting signs of improvement and stability. How Dogecoin (DOGE) Avoided the Same Fate Dogecoin is the first meme cryptocurrency that was created as a lighthearted and meme-inspired digital asset. Unlike Shiba Inu, which has faced liquidity troubles, Dogecoin has a more established market presence and higher liquidity. Dogecoin's liquidity can be attributed to its widespread acceptance and use, as well as its long-standing presence in the cryptocurrency market. Additionally, Dogecoin's active and supportive community plays a significant role in maintaining liquidity by actively trading and promoting the token. As a result, Dogecoin has managed to avoid the liquidity troubles that Shiba Inu has experienced, providing a more stable and liquid investment option for users. Can Caged Beasts (BEASTS) Avoid Shiba Inu's Liquidity Troubles? Caged Beasts ($BEASTS) distinguishes itself from other tokens by offering a secure fund-locking mechanism and implementing the concept of "Caged Liquidity." This innovative approach promotes transparency, security, and decentralization in the realm of finance. By securely locking 75% of raised funds until the specified release date, Caged Beasts ensures a solid foundation and mitigates liquidity problems. This unique feature sets it apart from tokens like Shiba Inu, demonstrating a commitment to responsible tokenomics. By providing a visible demonstration of securely locked funds, Caged Beasts instills trust and confidence among investors, paving the way for a sustainable and liquid ecosystem. What Did We Learn? The liquidity troubles faced by Shiba Inu highlight the importance of liquidity in the cryptocurrency market. Liquidity refers to the ability to buy or sell an asset quickly and at a stable price without significantly impacting its value. It is a vital aspect of a healthy market as it ensures stability, efficient trading, and precise pricing. Dogecoin has avoided liquidity problems due to its widespread acceptance and active community, while Caged Beasts has taken a proactive approach by implementing a secure fund-locking mechanism to prevent liquidity issues. The ongoing liquidity crisis in the cryptocurrency industry emphasizes the need for responsible tokenomics and transparent strategies to maintain a sustainable and liquid market. Learn more about Caged Beasts:Website: https://cagedbeasts.com Twitter: https://twitter.com/CAGED_BEASTS Telegram: https://t.me/CAGEDBEASTS Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

In Todays Headline TV CryptoDaily News: Gemini to expand in APAC Crypto exchange Gemini plans to expand in Asia-Pacific, a region it sees as driving the &ldquo;next wave of growth for crypto.&rdquo; The expansion comes as Gemini tries to establish itself outside of the U.S., which this year has seen increased regulatory actions against crypto exchanges. Cardano labeled a "security" by SEC Cardano, one of the largest competitors of the Ethereum network, was recently labeled a &ldquo;security&rdquo; by the US Securities and Exchange Commission. The SEC&rsquo;s crackdown resulted in a steep decline in ADA price, and the altcoin has been struggling to wipe out its losses since June 5. Binance, SEC strike deal to keep US customer assets in country Binance, the world's biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. BTC/USD exploded 4.7% in the last session. The Bitcoin-Dollar pair rose 4.7% in the last session after gaining as much as 5.1% during the session. The ROC is giving a negative signal. Support is at 25975.3333 and resistance at 27501.3333. The ROC is giving a negative signal. ETH/USD exploded 2.7% in the last session. The Ethereum-Dollar pair exploded 2.7% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 1688.841 and resistance at 1772.141. The Ultimate Oscillator is currently in positive territory. XRP/USD saw a minor dip of 0.2% in the last session. The Ripple-Dollar pair corrected downwards in the last session, falling 0.2%. The Stochastic indicator is giving a negative signal. Support is at 0.4739 and resistance at 0.5078. The Stochastic indicator is giving a negative signal. LTC/USD exploded 3.5% in the last session. The Litecoin-Dollar pair skyrocketed 3.5% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 75.631 and resistance at 78.671. The Ultimate Oscillator is giving a positive signal. Daily Economic Calendar: UK Consumer Price Index The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. The UK's Consumer Price Index will be released at 06:00 GMT, the US Redbook Index at 12:55 GMT, the Belgian Consumer Confidence Index at 09:00 GMT. US Redbook Index The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers. BE Consumer Confidence Index The Consumer Confidence captures the sentiment that individuals have regarding economic activity. A high level of consumer confidence indicates a stronger economy. NL Consumer Confidence Adj The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer sentiment is bullish for the overall economy. The Dutch Consumer Confidence Adj will be released at 04:30 GMT, Japan's Foreign Investment in Japan Stocks at 23:50 GMT, Japan's Foreign Bond Investment at 23:50 GMT. JP Foreign Investment in Japanese Stocks Securities investment referrers to bonds issued in a domestic market by a foreign entity in the domestic market&rsquo;s currency. JP Foreign Bond Investment The Foreign Bond Investment refers to bonds issued in a domestic market by a foreign entity in the domestic market&rsquo;s currency. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Apart from Ethereum, Bitcoin’s meme frenzy via Ordinals has seen a steep decline from its high in May.