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Elon Musk, the CEO of Twitter and Tesla, has shared interesting investment advice regarding his favorite cryptocurrency, Dogecoin (DOGE). In one of his recent conferences in London hosted by the Wall Street Journal, Musk shared some insightful advice on Dogecoin for the DOGE community. “I’m not advising anyone to buy crypto or bet the farm on Dogecoin.” Interestingly, even though he advised the community, he also stated that Dogecoin is still his favorite crypto. Citing the reasons, Musk stated that Dogecoin stands apart for “the best humor” and “it has dogs.” Elon Musk is a well-known supporter of Dogecoin. Musk has repeatedly tweeted about Dogecoin, often with humorous or ironic comments. In 2021, he appeared on Saturday Night Live and hosted a sketch in which he played a financial expert who was trying to explain Dogecoin to the audience. Musk has also said that he believes Dogecoin has the potential to become a “legitimate curren...

Join Our Telegram channel to stay up to date on breaking news coverage Top meme coin $COPIUM is blasting higher today as news of its huge burn event ignites a buying frenzy. Thirty per cent of token supply will be burned at 18:00 CET today, Tuesday 23rd May. $COPIUM is already 36% higher, from $0.005072 to $0.06993 as it looks to reclaim its all-time high and pump higher from there. The $COPIUM price has put in a solid floor at $0.0032 and is not looking back, as the price climbs higher on an ascending trendline. $COPIUM price trajectory at the time of writing hints at a parabolic angle of attack for near-term price action. It should not be underestimated what the price-positive impact of the 30% burn will likely be. Those hoping to ‘buy the rumor and sell the news ‘could find themselves leaving a lot of money on the table, as they forgo what could be 100x gains looming for $COPIUM. YouTuber crypto analysts are seeing huge gains ahead for $COPIUM . News of burn and li...

Investors in the cryptocurrency market are actively searching for the top Crypto Presales, hoping to discover the next coin that will yield significant returns. Recently, new crypto PR esale coins have gained popularity as buyers seek quick and substantial PR ofits from their investments. To assist prospective buyers in making informed decisions, this comprehensive guide presents the best Top 10 Crypto Presales that exhibit promise and deserve consideration for inclusion in your portfolios. The article offers a detailed overview of these crypto presale coins based on expert insights, prevailing market trends, and available industry data. Leading the group among the Top 10 Crypto Presales is ApeMax, an innovative cryptocurrency that lets its holders earn via staking. Top 10 Crypto Presales All Time List: ApeMax Big Eyes RenQ Love Hate Inu Tamadoge Dogetti DogeMiyagi Deelance Ecoterra Pepe What are the Top 10 Crypto Presales and why? ApeMax ApeMax has rece...

Hotbit, a prominent player in the cryptocurrency industry with a history of 5 years and 4 months, has recently announced the halting of its CEX operations. The platform had amassed a substantial user base of 5 million during its tenure. It's time to take a bow For 5 years and 4 months, the Hotbit team has been proud to participate in a wonderful crypto show with 5 million users. However, it is with great regret that we have made the decision to stop all CEX operations from May 22, UTC 04:00. We kindly ask all… — Hotbit News (@Hotbit_news) May 22, 2023 According to the announcement, starting May 22, UTC 04:00, all CEX operations of Hotbit will come to an end. The exchange also urged the users to withdraw their assets before June 21, UTC 04:00. Hotbit mentioned three key reasons as to why it is ceasing its CEX operations. One of the primary factors contributing to this decision is the deterioration of operating conditions. In August 2022, an investigation compe...

Join Our Telegram channel to stay up to date on breaking news coverage FTX lawyers seek a $243.7 million clawback from Embed insiders and executives, alleging overpayment for the stock-trading platform by former leadership. FTX Pursues Legal Action to Recover $240M in Allegedly Overpriced Embed Acquisition FTX’s current leadership is pursuing legal action to recover over $240 million from insiders and executives who allegedly benefited from the overpriced acquisition of stock-clearing platform Embed in September. According to a report by Cointelegraph on May 18, a lawsuit was filed on May 17 against former FTX CEO Sam Bankman-Fried and other top FTX insiders.  The lawsuit claims that the acquisition of Embed lacked sufficient due diligence. Simultaneously, another lawsuit was filed on the same day, seeking to reclaim funds from Embed CEO Michael Giles and its shareholders. This lawsuit alleges that FTX paid an excessively inflated price of $220 million for the stock...

The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The United States Department of Justice (DOJ) is on the lookout for DeFi hackers and exploiters who have stolen millions of dollars worth of assets. The DOJ’s top crypto cop said it was a significant issue in the wake of North Korean state-sponsored hackers . The decentralized autonomous organization Bancor DAO was hit with a class-action lawsuit over its impermanent loss protection promises. As Ethereum un-staking opened on the Beacon Chain, bankrupt crypto lender Celsius moved $781 million worth of staked Ether (stETH) from staking service provider Lido as Ether (ETH) withdrawals opened. Coinbase Cloud has tapped into the Chainlink Oracle network to improve its smart contract reliability. ...

Bitcoin advocate Joe Hall believes that all other cryptocurrency projects will collapse into Bitcoin in the coming years. In this episode of Hashing It Out, recorded on the eve of Bitcoin 2023 in Miami, Cointelegraph’s Elisha Owusu Akyaw spoke to Cointelegraph journalist Joe Hall about what it means to be a Bitcoin (BTC) supporter and the current state of the Bitcoin network. The discussion ranged from Bitcoin maximalism and living on the Bitcoin standard, to Bitcoin Ordinals, BRC-20 tokens and the BTC price. Hall’s first interaction with Bitcoin was through buying things on the internet. His initial impression of the first cryptocurrency was that it was difficult to use at the time, but that changed in the years that followed. Hall explains that some personal events led him to find the time to conduct extensive research on Bitcoin during the COVID-19 pandemic. This research changed his mind and made him realize how revolutionary Bitcoin is to global finance. Over the years, the Bit...

Panelists at a discussion on “Fighting the Anti-crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight. A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.” Moderated by David Zell, cofounder of the Bitcoin Policy Institute, the panel featured Perianne Boring, Founder and CEO at Chamber of Digital Commerce, Mina Khattak, Senior director of crypto and web3 at Worldpay, and Dana Syracuse, a partner at law firm Perkins Coie. The discussion opened with Chamber of Digital Commerce’s Boring describing the current regulatory situation as “dire,” after placing part of the blame for the contentious nature of some of the discourse surrounding cryptocurrency regulation on the recent scandals in the space. “With a lot of negative headlines,” explained Boring, “there...

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin.com has made a remarkable stride in its global mission to promote cryptocurrency adoption, as it proudly announces the creation of its 40 millionth crypto wallet on the multi-chain and DeFi-enabled Bitcoin.com Wallet. Since its inception in June 2017, the Bitcoin.com Wallet has experienced a surge in user adoption, a testament to the growing acceptance and utilization of cryptocurrencies worldwide. This milestone underscores the significant momentum behind the adoption of digital assets across the globe. Bitcoin.com Achieves Remarkable Milestone: 40 Million Crypto Wallets Created Bitcoin.com CEO, Dennis Jarvis, expressed his pride in the impressive progress achieved since the launch of the Wallet in 2017. He highlighted the significant acceleration in adoption, as evidenced by creating fifteen million wallets in just a year and a half, compared to the previous two years it took to reach five millio...

Also Read: Ripple Secures Another Win Against US SEC; Hinman Docs To Go Public advertisement Ripple Closer To Secure A Win? Hinman documents are the memos and emails linked to the infamous speech of the former SEC Director of Corporation Finance, Bill Hinman, in which he stated that Ethereum (ETH) in his view is not a security. However, Judge Sarah Netburn earlier ordered that these controversial documents should be turned over to Ripple and the defendants in the XRP lawsuit as a part of the discovery process. Coingape reported that Judge Torres denied the SEC’s Motion to Seal the Hinman documents. However, it is important to see what the commission will do next from here. Eleanor Terrett, a Fox Business Journalist reported that her sources revealed that both parties will be sitting down and discussing the logistics of how and when the documents will be released. However, the US SEC has the option to file an interlocutory appeal to the decisi...

Pepe Coin was all the rage in April and early May where it printed new all-time highs every day in the indices. The frog-themed token was the talk of the town and investors jumped in on the bandwagon. Another bunch of investors took an entry position in fear of missing out (FOMO) from larger-than-life gains. Pepe Coin looked to take on leading meme currencies such as Dogecoin, Shiba Inu, Floki Inu, and BabyDoge Coin, among others. Also Read: Pepe Coin: ‘I Want To Be a Millionaire’ Frenzy Comes to an End Source: Coingecko Nonetheless, things went downhill in May as Pepe Coin stopped printing new all-time highs. The meme currency is now down nearly 60% from its ATH and is struggling to scale up in the indices. Investors who purchased the tokens when Binance and other leading exchanges listed them for trading are all mostly under loss. The question now arises ‘When could Pepe Coin climb above its all-time high’ of $0.00000431 and forge ahead in the charts? Investors are fearful and re...

Even though Floki Inu is not the most prominent meme coin out there, it has been making headlines for its exceptional performance. The meme coin has evidently been putting on double-digit gains every now and then. Floki Inu also bagged a listing on Binance.US in April, which sent its price up by over 50%. FLOKI has definitely been making strides with numerous listings. In the last 24 hours alone, the meme coin has been listed on three new exchanges. Also read: Dogecoin Clone Sees 50% Surge Amidst Ongoing Meme Coin Craze ABX Exchange has listed $FLOKI!@ABXglobalEx is a global #cryptocurrency and NFT trading platform and winner of “Best Crypto Exchange” Award at #Crypto Expo Dubai 2023.#FLOKI adoption continues to soar! https://t.co/bxb09g7lfV — FLOKI (@RealFlokiInu) May 15, 2023 FLOKI bags three listings in 24 hours According to the details from FLOKI’s tweet, the meme coin has been listed on a UAE-based crypto exchange called ABX. Users will be able to trade FL...

Halo Wallet partners with Conflux Network a next-generation blockchain protocol designed to address the pressing challenges of scalability, security, and decentralization faced by the rapidly evolving world of decentralized finance (DeFi) and Web 3.0 applications. Halo Wallet is a secure and easy-to-use Web3 wallet bringing together tokens, NFTs, and dApps in one seamless, high-performance experience. Besides, with expansion to the SocialFi ecosystem, Halo Wallet is committed to giving ordinary users the opportunity to break through the media noise and identify high-quality investment targets. History of Conflux Network Launched in 2018, Conflux Network aims to provide a high-performance, permissionless platform that enables developers to build and deploy decentralized applications (dApps) with ease, while ensuring a seamless user experience for the global community. With a focus on fostering innovation and collaboration, Conflux has established strategic partners hips with various in...

The U.S. Department of Justice’s chief of the National Cryptocurrency Enforcement Team has announced the agency’s intention to take strict action against crypto exchanges that disregard money laundering regulations. The report, which was released by the Financial Times, reveals that the scrutiny will not just be for the exchanges, but also the crypto mixers. This is primarily due to the fact that crypto mixers are frequently used by criminals for money laundering with the aim of concealing the trace of funds. Choi also commented on the activities of criminals, stating that these platforms are allowing criminals to run away and profit from their crimes. And so we hope that by focusing on those types of platforms, we’re going to have a multiplier effect. Recently, the U.S. Department of Justice (DOJ) stepped up its efforts to stop illicit activity in the digital currency industry. The DOJ has launched a number of crackdowns aimed at different players in t...

The crypto trader and analyst EGRAG CRYPTO tweeted an update for his RSI Analysis on XRP yesterday. In the post, he mentioned that the RSI had dipped below 50, which he had predicted in a tweet made on 5 May 2023. As a result, the trader is now waiting for the RSI to dip into the 42 range. EGRAG CRYPTO did, however, warn that the RSI may not form a straight line with its dip into the 42 range. Nevertheless, he added that XRP’s price movement will be bigger and better the closer this indicator gets to the 42 range. At press time, CoinMarketCap indicated that the remittance token’s price stood at $0.4262 following a 0.37% drop over the past 24 hours. This recent price movement also pushed the altcoin’s weekly performance further into the red at -6.99%. The crypto was also outperformed by the market leaders Bitcoin (BTC) and Ethereum (ETH) during this period. At press time, XRP was down 0.58% against BTC and 0.34% against ETH. Daily chart for XRP/USDT (Source: Trading...