Memecoins stealing the limelight from NFTs, Bitcoin ‘relief rally’ starting? episode artwork

EPISODE · Jul 2, 2024 · 7 MIN

Memecoins stealing the limelight from NFTs, Bitcoin ‘relief rally’ starting?

from Rise’n’Crypto · host Сointelegraph

Bitcoin has maintained its levels over the past 24 hours, and several key indicators suggest the market might be looking at the start of a rally. From falling sell pressure to consecutive days of spot Bitcoin ETF inflows, things are looking up. Elsewhere, crypto hacks dropped dramatically in June, NFT sales plummet as memecoins continue their ascent, and the Polkadot treasury report sparks a debate about sufficient runways.Further reading:Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63KBitcoin hashrate drawdown dips to December 2022 levelsCrypto ‘relief rally’ may be just beginning, with sellers exhaustedCrypto hacks down by 54.2% in June, $176M lost in a monthNFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2Polkadot’s $245M treasury doesn’t have a 2-year runway, despite community concernsSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

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Bitcoin has maintained its levels over the past 24 hours, and several key indicators suggest the market might be looking at the start of a rally. From falling sell pressure to consecutive days of spot Bitcoin ETF inflows, things are looking up. Elsewhere, crypto hacks dropped dramatically in June, NFT sales plummet as memecoins continue their ascent, and the Polkadot treasury report sparks a debate about sufficient runways. Further reading: Bitcoin ETF inflows highest in a month as Bitcoin ...

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Memecoins stealing the limelight from NFTs, Bitcoin ‘relief rally’ starting?

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