The HMSTR token launched on several exchanges at 12:00 UTC. It eventually started trading at $0.014. Despite being listed on major exchanges, the price has been falling due to several factors like Post-Listing Sell-Offs, Airdrop Distribution Issues, and a mandatory Lock-Up Period for 11% of the tokens, which was not communicated earlier, fueling uncertainty among the participants. Contrarily, the broader market saw notable price increases. Currently, the Hamster Kombat price is trading around $0.006773, representing over a 20% decrease in the last 24 hours.
Hamster Kombat Volume Surpasses $1Billion As Price Nosedives
The much anticipated Hamster Kombat airdrop finally occurred yesterday, September 26. 60 million tokens were distributed in total to the players. However, the airdrop failed to live up to the expectations, which resulted in many of them selling the token soon after its launch.
Price Continues To Fall The HMSTR token launched on several exchanges at 12:00 UTC. It eventually started trading at $0.014. Despite being listed on major exchanges, the price has been falling due to several factors like
The price of Neiro (NEIRO) is $0.00366 today with a 24-hour trading volume of $2,636,657. This represents a -0.71% price decline in the last 24 hours and a -13.21% price decline in the past 7 days. With a circulating supply of 1 Billion NEIRO, Neiro is valued at a market cap of $3,659,695.
The price of Catizen (CATI) is $0.7821 today with a 24-hour trading volume of $239,906,525. This represents a -2.18% price decline in the last 24 hours and a 6.22% price increase in the past 7 days. With a circulating supply of 210 Million CATI, Catizen is valued at a market cap of $161,033,429.
Recapping the Week in DeFi As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed
about the latest developments and trends. Our weekly recap provides you with a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.
Consensys Faces Setback as Court Dismisses Lawsuit Against SEC
A Texas court dismissed Consensys’ lawsuit against the
QCP Capital Reports Positive Momentum in Cryptocurrency Market
QCP Capital has indicated that the cryptocurrency market holds significant potential for further growth in the coming days, raising investor expectations. According to the company’s daily market report, improvements have been observed in the funding rates across major cryptocurrency exchanges. Additionally, the cryptocurrency-friendly policies of U.S. presidential candidate Kamala Harris have positively impacted the sector. As a result of these developments, $60 million worth of short positions
The interplay between interest rates and the stock market is complex and often misunderstood. Generally, these two forces move in opposite directions, with rising interest rates typically causing downward pressure on stock prices, while falling rates tend to boost the market. This relationship, however, is not that simple, as we'll show below.
Events in the past decade have highlighted the significant impact of interest rate changes on market behavior. During the COVID-19 pandemic in early 2020
Catizen (CATI) has recently been listed on the Binance platform, where the company has stated that the token is available for users to purchase through such services as Binance Simple Earn, “Buy Crypto”, Binance Convert, Binance Margin, as well as auto-invest.
CATI will be launched across the mentioned platforms on specific days to provide Binance users with several opportunities to interact with the new token.
Catizen (CATI) on Binance Simple Earn and Auto-Invest Catizen (CATI) will list on B
8 Benefits of Cryptocurrency & Why You Should Use It
Cryptocurrency has become extremely popular over the past few years, but many consumers and investors may be wondering what all the commotion is about. Why would anyone choose cryptocurrency when their local currency works just fine for most things? Why would someone invest in a cryptocurrency?
In fact, there are a lot of advantages to using and investing in cryptocurrency. Here are the top eight benefits to consider.
8 benefits of cryptocurrency Transaction speedTransaction costsAccessibility
Cryptocurrency investors are rarely bored. The leading crypto names often crash or skyrocket due to economic pressures or crypto-specific news. In 2024, for example, investors finally got their hands on exchange-traded funds (ETFs) based on Bitcoin (BTC 0.45%) and Ethereum (ETH 4.94%) prices, and the fourth Bitcoin halving fell in April 2024.
By then, the positive crypto-market momentum of 2021 was already old news, as were the bearish trends of 2022. Across these volatile years, cryptocurrenci
Spot and margin trading are two popular ways to launch a crypto exchange platform. However, choosing the suitable business model depends on many factors, including your market demand and corporate objectives.
Offering margin trading can be profitable because traders are lured to the possibility of multiplying their gains, and when their chances decrease, your revenues increase. However, some risks associated with this strategy include financial exposure if you cannot cover the leveraged accoun
Prediction: These 3 Altcoins Could Revolutionize the Future of the Crypto Market
The cryptocurrency landscape has evolved dramatically since Bitcoin (CRYPTO: BTC) launched 15 years ago. From the rise of decentralized finance (DeFi) and meme coins to blockchain-based gaming and prediction markets, the transformation has been nothing short of revolutionary.
The next 15 years are poised for even greater changes, with three cryptocurrencies -- Render (CRYPTO: RENDER), Maker (CRYPTO: MKR), and Stacks (CRYPTO: STX) -- emerging as potential front-runners in shaping the future of d
Market value of a company is interchangeably used with market capitalization, but they are two separate concepts.
Market value is a reflection of a company’s financial position. It is a dynamic measure that depends on several fundamental and technical factors.
On the other hand, market capitalization can simply be estimated by multiplying the number of outstanding shares with the current share price. It is an exact measure of a company’s worth and is computed by the following formula:
Market cap = No. of outstanding shares X current share price
For example, in 1993, when Infosys was first listed on Indian markets, it opened to a price of Rs. 145, commanding a meagre market cap. But recently, it touched a market cap of Rs. 7.45 lakh cr., riding on its stock price hitting a record high of Rs. 1,755.
Nevertheless, markets remain filled with uncertainties. A company could be hit with bad results or face the entry of a new competitor. All of this impacts the perception of the company i.e, its market value. However, its market cap is technically dependent only on how its share fairs in the market.
The term market value refers to a company’s or an asset’s worth in the financial market. A company’s market value is the price that investors are ready to pay for its shares.
In simpler terms, the market value of a company is influenced by how investors view its potential. The greater a company’s estimated worth, the greater is its market value.
Mathematically, market value can be arrived at using different methods, such as price/cash ratio, dividend yield ratio, P/E ratio, EPS, market value per share, book value per share, etc.
As an investor, you should know that market value fluctuates considerably with time. It depends on numerous factors like growth potential, supply and demand graph of a stock, choice of valuation methods, and whether a stock is reasonably priced or not.
The Financial Intelligence Unit in India (FIU-IND) has imposed a penalty of Rs 18.82 crore on the world’s largest crypto exchange Binance in an order on June 19.
This comes months after nine offshore exchanges in India were blocked for not registering and following local anti-money laundering regulations under the Prevention of Money Laundering Act (PMLA) 2002.
The latest notification said, “After considering the written and oral submissions of the Binance, Director, FIU-IND, based on the material available on record, found that the charges against Binance were substantiated.”
It added that Binance had to pay a penalty of penalty of Rs. 18,82,00,000 (Rupees Eighteen Crore Eighty Two Lakh Only). Further, Binance has been asked diligently comply with "Chapter IV of the PMLA 2002, in conjunction with the PMLA Maintenance of Record Rules (PMLA Rules) of 2005 for prevention of money laundering activities and combating the financing of terrorism (AMLCFT) to maintain records of all transactions."
Responding to the development, a Binance spokesperson said, ""We are aware of the FIU's order and are reviewing it now to determine next steps. We are grateful to have the opportunity to continue our mission to serve the vibrant Indian crypto community."
A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies. A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for its service or, as a matching platform, simply charges fees.
Some brokerages which also focus on other assets such as stocks, like Robinhood and eToro, let users purchase but not withdraw cryptocurrencies to cryptocurrency wallets. Dedicated cryptocurrency exchanges such as Binance and Coinbase do allow cryptocurrency withdrawals, however. apologise for if i make a mistake.
Neiro is a Shiba Inu pup owned by the same person whose pet dog Kabosu inspired the popular dogecoin memecoin. Kabosu passed away in May at the age of 17, leaving a legacy that includes a statue and a memecoin worth $18 billion.
In late May Kabosumama, the X account of Kabosu's human owner, adopted a ten-year-old Shiba Inu dog named Neiro and called her a “new family member.”
That birthed hundreds of NEIRO memecoins on Ethereum, Solana and other blockchains at the time. Eventually, two NEIROs - one on Ethereum and one on Solana - attracted enough trading volumes and market interest to form an active holders community. Both communities still consider their NEIRO is be the actual, original one.
Kabosumama, on her part, has distanced herself from all NEIRO tokens and said in May that she does not endorse any such tokens. Apologies for if i make a mistakes.
In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, $ETH is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful. Apologies for the error. [Brad Garlinghouse]
I am sharing my thoughts, it is not investment advice.
The scenario I have seen since the time I met the crypto world is always the same. The probabilities and possible rises and falls are always on the same course. I also saw that the crypto world, which you thought was the bottom, was not the bottom yet, and that when it rose, it would not rise any further, and then it went 3x and 5x. The most logical move would be to stay away from leverage and wait with spot stake. $USDC #BinanceLaunchpoolHMSTR #BinanceTurns7 #CryptoPCEWatch