AMC 'meme stock' frenzy may spill over to crypto as Bitcoin metric nears buy ...
It could soon be a sea of green for Bitcoin and altcoins, sources argue, thanks to a convergence of data and the sheer power of memes. Bitcoin (BTC) is slowly but surely preparing to flash "buy," a key indicator suggests as a trading frenzy reignites memories of the GameStop debacle.In its latest report on June 3, Stack Funds highlighted the Puell Multiple nearing the green "buy" zone — a signal to enter the market.Puell multiple drops to pre-2021 levelsThe Puell Multiple is one of the best-known BTC price tools. Its readings judge the likelihood of a sell-off or uptick based on miner....
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If you thought meme coins were just about dogs and frogs, think again. The latest catalysts for crypto’s most chaotic sector are politics, artificial intelligence, and the surreal headlines that come with them. A Nasdaq-listed freight company is building a $20M Trump-themed meme coin war chest. Vice President JD Vance recently defended an AI-generated image […]
The Pepe token was the foremost token that enjoyed immense success during the meme coin frenzy in May this year. However, the token experienced a significant drop as the frenzy faded out. And now, a recent development seems to suggest that the team behind it may have abandoned the project. $15.6 Million Worth of PEPE […]
A sell-off in the technology stocks this week didn't spill itself onto the Bitcoin market.
Crypto is buzzing, and MIND of Pepe ($MIND) is making waves, rapidly approaching a major $10M milestone. This token blends the iconic Pepe the Frog meme with sophisticated AI and is turning heads. Currently sitting at $8.4M, MIND of Pepe ($MIND) attracts investors seeking the next big meme coin. Case in point, a significant $MIND […]
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on the stock market and cryptocurrencies. It explains that retail investors bought stocks at a record pace over the summer with an estimated net flow into the U.S. stock market of $13 billion in August after reaching a record high of almost $16 billion in July. The JPMorgan analysts asserted that the....