Enron is back, teases crypto token launch focused on solving the energy crisis
The 'n in Enron now stands for 'nice' as memecoins erupt over company relaunch.
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The 'n in Enron now stands for 'nice' as memecoins erupt over company relaunch.
Liam 'Akiba' Wright 4 min read
The last time Jeffrey Wilcke deposited ETH to an exchange, the crypto price suffered a 7% monthly correction.
Tether's USDT remains the dominant force, controlling over 50% of the market share after recording a 10.5% increase in market capitalization to reach $133 billion.
Bitcoin sharp upside left no time for supply to change hands, creating an "air gap" region below $88,000.
As DOGE shows absolute correlation with Bitcoin, Ethereum strays further to a three-year low.
Fundstrat's Tom Lee believes economic and political conditions create a fertile ground for Bitcoin's growth
Meanwhile, tokens related to AI, social, and data availability narratives registered negative performances in the period.
The excess of token launches paired with a stablecoin supply below its all-time high make trading altcoins a challenging task.
With no technical resistance, VanEck sees Bitcoin in 'blue sky territory' targeting $180,000 within a year.