Chain News Daily Official TheBitTimes.com

Public figures are increasingly driving meme coin speculation, with Donald Trump, Javier Milei, and Elon Musk fueling market frenzies in recent months, to name a few. Barstool Sports founder Dave Portnoy is the latest to make headlines, profiting $258,000 from the Solana (SOL) based meme coin GREED, only to dump his entire stake in a single transaction, causing a 99% price crash and leaving investors reeling. Portnoy’s quick flip: From hype to collapse According to blockchain analytics firm Lookonchain , a wallet linked to Portnoy accumulated 357.92 million GREED, representing 35.79% of the total supply.  Picks for you AI hedge fund with no humans beats the stock market 2 hours ago Crypto analyst sets Bitcoin price roadmap to $107,000 ...

The crypto fear and greed index has pulled back in the past few weeks. This happened as Bitcoin and other altcoins moved sideways. BitBot has continued to do well in the past few months. The crypto fear and greed index continued to retreat this week after a major warning from Jerome Powell and Raphael Bostic. In separate statements, the two Fed officials warned that inflation remained stubbornly high and that they would not cut interest rates any time soon.  These statements led to a sense of fear in the financial market.  Bitcoin retreated to $42,000 while the total valuation of all digital coins plunged to $1.7 trillion, according to data by CoinGecko. Other popular coins like EOS, IOTA, and Decentraland also continued falling.  Meanwhile, the crypto fear and greed index moved from the extreme greed zone of 78 to the neutral point of 50. This is a sign that investors are no longer greedy. The same trend is happening in the stock ...