Meme Coins Strongly Correlated to Network Growth: Franklin Templeton
Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
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Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
The American stockbroker has repeatedly called bitcoin a “bubble” and said he still doesn’t believe in its long-term future.
Crypto trading volume grew 10% month-on-month to $6.5 billion, the company said.
Bitcoin nearly doubled in price since late January, but a “counter move seems to be near,” Swissblock analysts said.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.