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news-imageSeptember 6, 2024

Memecoin Mayhem: DOGE and SHIB Lead Market Plunge as Bitcoin Falters

Memecoins suffered steep losses following a drop in Bitcoin's value, which triggered broader market declines.
Publisher: Blockonomi
Sentiment: Negative
BTC
DOGE

More News Articles

Negative
cover-imageBenzinga
September 16, 2024

Peter Schiff: Bitcoin Is Not 'Digital Gold' And Not Even 'Digital Silver' Because Gold's 2024 Gains Alone Are 5X BTC's Market Cap

Economist and Bitcoin skeptic Peter Schiff predicts a significant drop in Bitcoin's (CRYPTO: BTC) value as silver and gold prices soar, sparking a fresh debate on the viability of digital currencies. What Happened: Schiff expressed his views on the recent market trends as silver broke above $31 and Bitcoin fell below $58,000, further fuelling his skepticism towards the digital currency.

Positive
cover-imageBitcoinist
September 16, 2024

Bitcoin and Ethereum Price Analysis Today: BTC and ETH Have Massive Impact On This New ‘Social Scoring' Crypto, Rallying 191%

In recent market movements, both Bitcoin (BTC) and Ethereum (ETH) have shown significant influence over various altcoins, with one standout being GoodEgg (GEGG), a new AI-based social scoring cryptocurrency that has rallied an impressive 191%. The market dynamics of Bitcoin and Ethereum have been closely watched as they remain the two most influential cryptocurrencies globally.

Positive
cover-imageBitcoinist
September 16, 2024

Shiba Inu Team Members Reveals The Best Way To Burn SHIB And Reduce Supply

Lucie, the marketing lead for the Shiba Inu ecosystem, has addressed concerns about the token's large supply, which a user had described as a “major disadvantage” for the SHIB community. She revealed plans to reduce it soon, generating optimism within the community that could potentially fuel a price leap for Shiba Inu's native token, SHIB.

Positive
cover-imageCrypto news
September 16, 2024

Bhutan's Bitcoin mining stash exceeds $750m: Arkham

Bhutan, a country with a population of under one million, ranks as the world's fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept.

Negative
cover-imageThe Currency Analytics
September 16, 2024

Bitcoin Dips Below $60k Again—Is a Bigger Drop on the Horizon

Bitcoin's recent attempt to recover, the leading cryptocurrency has once again dipped below the crucial $60,000 mark. Over the last week, Bitcoin saw a notable 9.92% surge, briefly reclaiming the $60k level, but market analysts warn that this may not be a sign of long-term recovery.

Positive
cover-imageTrustnodes
September 16, 2024

Bitcoin Miner Iren Jumps on AI Expansion

The bitcoin miner Iris Energy (IREN) is bucking today's down trend for most crypto stocks as it announced the purchase of 1,080 latest-generation NVIDIA H200 GPUs to support its growing AI Cloud business.

Negative
cover-imageUToday
September 16, 2024

Schiff Reveals Only Reason for $1 Million Bitcoin

It looks like Bitcoin's future is heading down a less optimistic path - at least according to its longtime critic Peter Schiff, as he recently outlined a scenario that could push the major cryptocurrency down to the $15,000-$20,000 range.

Negative
cover-imageTrustnodes
September 16, 2024

Trump Keeps Dipping Bitcoin

The 2024 election took another twist on Sunday with yet another attempt by a seemingly disgruntled Republican on the Republican candidate Donald Trump.

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