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Memecoin
Are Memecoins Driving This Bull Cycle?
Coinbase Institutional head of research David Duong joins CoinDesk to break down bitcoin's recent surge in price and the potential of a strategic BTC reserve in the U.S. Plus, insights on the role of stablecoins and memecoins in the current bull cycle. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
MOODENG Madness: How a Baby Hippo Memecoin Exploded Overnight
CoinDesk's Jennifer Sanasie discusses the phenomenal rise of memecoins related to Moo Deng, a newborn hippo from Thailand. Plus, the volatility of memecoins and how they are easily impacted by influential figures. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Memecoins on Solana Surge as SOL Warms Up From Losses This Week
Memecoins on the Solana ecosystem jumped more than 30% in the past 24 hours, leading gains in the crypto market. This comes as the network’s underlying token SOL recovered losses from earlier in the week. Cat-themed popcat, surged 40% on the day and dog-themed token, dogwifhat has also jumped more than 25%. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Dogecoin Bullish Bets Reach Record $1B
DOGE futures set a record open interest at $1 billion, signaling strong trading interest in the tokens. According to data from Coinalyze, nearly 70% of these bets were on the long side, expecting the memecoin to go higher. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
Pepecoin Doubles to $500M Market Cap as Memecoin Fever Steals Bitcoin's ETF Thunder
Popular memecoin PEPE has doubled in a week to a $500 million market cap as traders anticipate the etchings of a bitcoin spot ETF-induced bull market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Dogecoin Jumps Amid Hopes Token Plays Larger Role in X Platform Rebrand
Dogecoin (DOGE) rose for the second straight day as speculations of the memecoin playing a bigger role on the newly-rebranded X platform, fuelled the rally. Futures traders lost nearly $10 million betting on and against dogecoin’s price movements, Coinglass data shows. "The Hash" panel discusses the latest price action in the meme economy.
Binance Resumes Bitcoin Withdrawals After Second Pause in 12 Hours
Crypto exchange Binance has resumed bitcoin (BTC) withdrawals after a second pause over the weekend, as the Bitcoin network suffers from unprecedented congestion. 21.co co-founder and CEO Hany Rashwan discusses the potential impact on the crypto markets. Plus, Rashwan's outlook for memecoins as Pepecoin (PEPE) holders may be taking profits on their positions.
SEC Commissioner Hester Peirce on 2022 Crypto Regulation Outlook
Securities and Exchange Commission (SEC) Commissioner aka “Crypto Mom” Hester Peirce discusses her outlook for the U.S. crypto regulatory and policy landscape in 2022. Plus, the latest on the Safe Harbor proposal, prospects of a bitcoin spot ETF approval in 2022, the memecoin phenomenon, stablecoins, and more.
Is Congressman Brad Sherman Embracing Memecoins?
Barely a day after anti-crypto Congressman Brad Sherman (D-Calif.) made ironic remarks about Mongoose Coin, a cryptocurrency that did not exist. It became a reality with a market cap of $25 million. Now, Sherman has thanked the Mongoose Community for donating to the Western Kentucky Relief Fund.
Are Memes the Future of Money?
Shiba inu (SHIB) and dogecoin (DOGE) are just two of many meme coins that have made headlines this year in the crypto space, but are they setting the trend for the future of money? “The Hash” hosts discuss the phenomenon behind the meme economy and community.