cathyme8rewgu

@cathyme8rewgu

199 Following

22 Followers

cathyme8rewgu pfp

The SEC’s decision to drop Coinbase’s lawsuit follows earlier ones from Consensys, Robinhood, Gemini, Uniswap and OpenSea over the last week.

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

“This limited our Hash rate growth but gives us massive advantages going forward that differentiate our business from the rest of the sector,” Bassett said, adding he expects the machines to “become available in volume in the coming months.”

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

The recent selling edged past the second-largest period of outflows in the two weeks leading up to June 21, 2024, when the Bitcoin ETFs saw $1.12 billion worth of outflows while Bitcoin’s price was trading at around $64,000.

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

https://warpcast.com/dazeng459/0x54e82e0d

0 reply

0 recast

0 reaction

Dazen459 pfp

Shani Rosenfelder, the director of market insights at AppsFlyer, said that Trump emphasizing his pro-crypto stance played a role in the adoption of crypto apps:

0 reply

0 recast

0 reaction

Dazen459 pfp

Trump also surprised the world by launching his own memecoin in January, attracting many first-time investors to crypto, according to a US survey conducted by NFT Evening.

0 reply

0 recast

0 reaction

Dazen459 pfp

This also boosted crypto applications in the US, with apps like Crypto.com, Moonshot and Coinbase dominating the US Apple App Store’s finance category in the aftermath of the launch.

0 reply

0 recast

0 reaction

oplsickness pfp

While retention may be challenging, the AppsFlyer team suggested that crypto app marketers have a good reason to remain committed to their aggressive marketing efforts. The team shared that crypto app installs in the UAE reached nearly 3.5 million in January.

0 reply

0 recast

0 reaction

Dazen459 pfp

Still, while Trump’s memecoin may have brought a new tranche of investors to crypto, a Chainalysis report showed that 813,000 crypto wallets lost up to $2 billion after buying the token.

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

https://warpcast.com/dazeng459/0x54e82e0d

0 reply

0 recast

0 reaction

oplsickness pfp

Rosenfelder added that aggressive marketing efforts drove 60% of the crypto app traffic in 2024. This resulted in challenges to retaining users. The AppsFlyer team said after examining engagement trends on Android devices, that one in five apps was uninstalled within 30 days.

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

https://warpcast.com/hedyelija5y/0x7348c559

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

https://warpcast.com/hedyelija5y/0x7348c559

0 reply

0 recast

0 reaction

gillian0nena pfp

https://warpcast.com/gillian0nena/0xfa6978ca

0 reply

0 recast

0 reaction

olivi1m0lia pfp

https://warpcast.com/apollo8urson/0xeaf8bc86

0 reply

0 recast

0 reaction

irisdrewson pfp

https://warpcast.com/danaver94/0xee7adf18

0 reply

0 recast

0 reaction

bonjames5t pfp

https://warpcast.com/apollo8urson/0xeaf8bc86

0 reply

0 recast

0 reaction

darcyq4enr pfp

https://warpcast.com/gillidar1/0xe7ef8625

0 reply

0 recast

0 reaction

cathyme8rewgu pfp

Another significant red flag for investors was that the token contract for the fake Saudi Arabia memecoin was launched onchain on Feb. 10, a week ahead of the announcement, on Solana-based memecoin launchpad Pump.fun.

0 reply

1 recast

4 reactions

cathyme8rewgu pfp

To stay safe amid the current wave of memecoin scams, investors need to conduct more “due diligence” about a project’s backing and its tokenomics, according to Anndy Lian, author and intergovernmental blockchain expert. He told Cointelegraph:

0 reply

0 recast

1 reaction