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Andrew Tate’s cryptocurrency meme coin, Daddy Tate (DADDY), crashed to a new all-time low on July 1, hitting $0.0288, the lowest price for the Solana-based token since its launch. Despite the steep drop, 24-hour trading volume surged to $1 million, marking a 16.86% increase, suggesting that volatility is drawing in short-term traders even as long-term holders continue to bleed. Daddy Tate price 1-day chart. Source: CoinMarketCap DADDY is currently trading at $0.0296, down 87.47% from its all-time high according to CoinMarketCap . The token has seen a modest recovery from its lowest intraday price, but market sentiment remains weak. Daddy Tate all-time price chart. Source: CoinMarketCap At its peak, DADDY token reached a market capitalization of $120.69 million. As of July 2, its market cap has plummeted to just $17.79 million, placing it at #835 among all cryptocurrencies by total value. Whale concentration and DADDY tokenomics There are currently 69,82...

The consumer price index (CPI) report published on the morning of February 13 brought higher inflation figures than was previously expected – 3.1% vs 2.9%. One of the first assets to react to the news was gold. In the minutes following the publication, the commodity entered into a sharp decline, falling as much as 1.42% by the time of publication. The change saw the price of gold drop below $2,000 for the first time since December 13, 2024. Gold 1-day price chart. Source: TradingView Investor, broker, financial commentator, radio personality, and gold bug, Peter Schiff, quickly took to X to comment that while the hotter-than-expected CPI caused gold to drop, it actually constitutes a bullish event for the commodity “as it confirms that the Fed wasn’t able to raise interest rates high enough to stop inflation from running out of control.” Today's hotter than expected #CPI caused #gold to fall below $2K for the first time in 2024. But the news is actually bullish ...

Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts. Bitcoin (BTC) starts its first full week of December at three-week highs as bulls and bears battle on. After a weekly close just above $17,000, BTC/USD seems determined to make the most of relief on stocks and a weakening U.S. dollar. As the United States gears up to release November Inflation data, the dollar looks to be a key item to watch as BTC price action teases a recovery from the pits of the FTX meltdown. All may not be as straightforward as it seems — miners are facing serious hardship, data shows, and opinions on stocks’ own ability to continue higher are far from unanimous. As the end of the year approaches, will Bitcoin see a “Santa rally” or face a new year nursing fresh losses? Cointelegraph presents five areas worth watching in the coming days when it comes to BTC/USD performance. Bitcoin traders diverge over “Santa rally” Light relief for Bitcoin bull...

Join Our Telegram channel to stay up to date on breaking news coverage During these difficult times, as rumors fly about how much cryptocurrency will be worth following the catastrophic collapse of the cryptocurrency exchange FTX and other significant platforms, a crucial question has emerged: “Who will keep your cryptocurrency safe?” As a result, some members of the cryptocurrency community are urging a return to its decentralized origins. “Not your keys, not your coins” is one of the movement’s rallying cries. Or, only have faith in yourself. But in order to do so, people must manage their own cryptocurrency wallets, which is a trickier but safer method that necessitates creating sophisticated passwords and occasionally purchasing real hardware to store money as opposed to entrusting it to an exchange. A company like FTX was intended to keep your funds, but instead, they ended up lending them out, stated Tracy Wang, deputy managing editor at t...