Yesterday, the cryptocurrency market faced challenges as Bitcoin, a major player, fell below $65,000, impacting other cryptocurrencies like Fantom (FTM). However, amidst the turmoil, Fantom stood strong above $0.8 and even surged by 18.87%, surpassing $1 again. Now, the question remains whether this recovery will endure amid ongoing market fluctuations. Fantom: Current Status and Price…
Despite the market downturn, Toncoin is attracting significant attention with its recent surge. This momentum has the potential to elevate TON into the top 10 tokens shortly. Currently, TON boasts a market value exceeding $13 billion, trading at $3.90. Despite the market’s recent struggles, Toncoin (TON) has stood out, grabbing everyone’s attention with its remarkable…
CryptoQuant CEO believes Bitcoin’s price will drop below $51,000, despite remaining optimistic about BTC’s future performance. Bitcoin’s price dropped by more than 7% today, reaching around $63,000. Despite this, industry leaders hold different opinions on the future of the cryptocurrency. Key figures like CryptoQuant’s CEO, Ki Young Ju, provide predictions to guide potential scenarios for…
Bitcoin used to dominate the crypto market with 73% in 2021, but now it’s down to 53%. Experts say this drop could signal a new season for altcoins. Predictions suggest that six altcoins could explode this year, based on insights from crypto analyst Lark Davis. Davis highlights these six altcoins, predicting significant growth in 2024….
Geoffrey Kendrick of Standard Chartered suggests that Spot Ethereum ETFs might receive approval by May 23. If greenlit, these ETFs could usher in a substantial $45 billion influx within the initial year. According to Standard Chartered Bank, Spot Ethereum exchange-traded funds (ETFs) might still secure approval by their original deadline of May 23. Despite doubts…
ETHFI recently hit an all-time high (ATH) of $5.32, generating excitement within the Ethereum community. This surge came after the token was listed on Binance and other major exchanges, indicating growing interest and confidence in ETHFI among Ethereum enthusiasts. Distribution of the token involves allocation through Binance Launchpad and airdrops, with different vesting schedules for…
The iconic photo of Achi, the dog associated with the Dogwifhat meme coin, has been sold as a Non-Fungible Token (NFT) for a staggering $4.3 million. The winning bid of 1,210.8 ETH was made by crypto trader Gigantic Rebirth Ventures (GCR). The owner of Achi, the dog associated with the Solana-based meme coin Dogwifhat (WIF…
Mask Network has revealed its plan to launch staking, offering an opportunity for MASK holders to earn new tokens. Following this announcement, the price of MASK surged by 30%. In just a few hours, the price of MASK soared by 30%, fueled by a significant increase in trading volumes on Monday. This surge came after…
Bitcoin’s recent price drop has led to a decline in profitability, with active daily addresses and ‘In the Money’ addresses also decreasing. Market sentiment is currently low, but there is potential for a healthy correction. In recent days, Bitcoin (BTC) has faced a continuous decline, causing a reversal in the overall profitability of top cryptocurrencies….
Despite a generally slow-moving market, Solana has experienced a notable surge of 5% within just 24 hours. This unexpected rise is attributed to a significant increase in social media attention and a rise in DeFi (Decentralized Finance) activity. Moreover, the Total Value Locked (TVL) on the Solana blockchain has seen a substantial spike. Solana has…
The leading cryptocurrency recently saw a significant decline from its record highs, slipping below $67,000 after surpassing $73,000 last week. Kris Marszalek, CEO of Crypto.com, discussed this in a CNBC interview, comparing the current market to trends in late 2020 and early 2021. He mentioned similarities in retail sentiment, suggesting possible parallels in market behavior…
VeChain (VET) has been on a remarkable upward trajectory lately, catching the attention of crypto enthusiasts and analysts alike. EGRAG Crypto, a prominent figure in the crypto space, is optimistic about VET’s future prospects and has outlined a three-step plan for its price progression. According to EGRAG Crypto, if all goes as predicted, VET could…
According to market analyst Dan Gambardello, Cardano (ADA) is facing obstacles that are holding back its growth. Despite its potential, Cardano is not gaining the traction it deserves due to what Crypto Capital Venture founder Dan Gambardello describes as “unique” and “massive” challenges. Challenges Faced by Cardano (ADA) Identified by Top Analyst According to the…
Top Analyst: Solana ($SOL) Ready for Record Highs, Bluntz Capital Forecasts Bitcoin and SEI Surge. Bitcoin Aims for $80,000 with Elliott Wave Theory Amid Open Interest Decline. A well-known cryptocurrency analyst, famous for accurately predicting the end of the 2018 bear market, has shown optimism towards Solana ($SOL), a competitor of Ethereum. He thinks that…
WazirX CEO Nischal Shetty has sparked speculation by suggesting the possibility of a native token for Pi42, a cryptocurrency futures exchange he founded. WazirX CEO Nischal Shetty, who is also a co-founder of the Pi42 futures crypto exchange, has caught the attention of the cryptocurrency community by dropping hints about the potential introduction of a…
Italian officials have imposed a hefty fine of $10.9 million on TikTok for its role in circulating videos that could endanger the well-being of users. The fine, announced by the Italian Competition Authority (AGCM), follows a year-long investigation into the platform’s practices. Interestingly, this penalty coincided with a decision by the U.S. House of Representatives…
PancakeSwap has just announced the launch of version 4 (v4), a significant update aimed at revolutionizing Automated Market Makers (AMMs) on both the Ethereum and BNB Chain networks. PancakeSwap has rolled out version 4 (v4), marking a major upgrade for its decentralized exchange operating on both Ethereum and BNB Chain. This update tackles challenges encountered…
Analysts caution that Bitcoin might fall below $61,000, depending on how investors feel about the market. This warning comes during a time of uncertainty and excitement leading up to the halving event. Bitcoin faces potential drop below $61K, warns analyst assessing critical support levels. Rekt Capital cautions about Bitcoin entering a “Danger Zone” before halving,…
CryptoCon analysts warn of Bitcoin’s initial peak indicators. Market panic ensues after a 10% price decline. Swissblock predicts a 20% correction to the $58k-$59k range. Tech experts like CryptoCon have raised concerns by pointing out indicators such as the Directional Movement Index (DMI), indicating that Bitcoin (BTC) may have reached its first local peak in…
Elliptic, a blockchain analytics firm, has uncovered a transfer of $12 million worth of Ethereum by the Lazarus Group. This move, conducted through Tornado Cash, comes amidst heightened scrutiny due to US sanctions and challenges faced by global law enforcement agencies. Elliptic reports that the Lazarus Group transferred $12 million in Ether via Tornado Cash,…
With recent listings and a bullish crypto market, the price of AEVO has jumped by 6% since its launch. AEVO, a decentralized exchange running on Ethereum, is gaining popularity, leading to a surge in the value of its native token. The token’s price has been quite volatile lately. So, what’s driving this increase in AEVO’s…
In the past 24 hours, the price of Dogecoin surged by 7%, reaching $2.880, with trading volume increasing by 58% to $3.9 billion. This rise followed Elon Musk’s suggestion that Tesla could potentially start accepting Dogecoin as payment for its electric cars. Dogecoin’s Potential for Tesla Purchases Spurs Price Surge Elon Musk’s recent remarks from…
Solana (SOL) surpasses $170, drawing global interest with increased whale activity and market confidence. The debut of Israel’s first shekel-indexed stablecoin, BILS, adds further momentum to SOL’s rise. Solana (SOL) hitting above $170 has grabbed the spotlight among crypto fans globally. This milestone is particularly noteworthy as SOL had previously plummeted to $8 in 2022…
Numerous altcoins saw double-digit gains in the past day. However, XRP faces challenges in sustaining its peak due to legal issues and supply pressures. Meanwhile, LUNA and FLOKI exhibit speculative movements, raising the possibility of significant downward swings. In the past day, many altcoins have surged by double digits, with some even approaching their all-time…
As the supply of FTM on exchanges continues to decrease, the possibility of a price increase remains strong. About 43% of investors are holding onto their FTM investments, even without making a profit yet, in anticipation of market recovery and higher prices. If you want to learn more about FTM’s price dynamics, check out the…
Over the past week, TRON (TRX) has caught the eye of many traders, suggesting there might be more ups and downs ahead. Even though there was a slight decrease recently, the 7-Day Relative Strength Index (RSI) remains in a zone indicating overbuying. A notable observation is how the long-term Exponential Moving Average (EMA) line is…
Even though SHIB has temporarily slipped from the top 10 cryptocurrencies, there’s still optimism for its future. In the past week, the price of Shiba Inu (SHIB) saw a rise as investors showed interest in the dog-themed token. This surge was driven by the excitement of the “meme season,” with buyers pushing SHIB to reach…
Futures and options data for Ethereum suggest that the price of ETH could reach $5000 following the Ethereum London upgrade, known as Ethereum Dencun. Analysts are predicting an imminent rally in the price of ETH based on this data. The long-awaited Dencun upgrade for Ethereum is set to launch on the Ethereum mainnet at epoch…
Polyhedra Network lost $760,000 worth of THENA tokens because someone got unauthorized access to their wallet on the BNB chain. Polyhedra Network, a web3 interoperability infrastructure, faced a security issue with its wallet on the BNB chain. This led to hackers stealing about $760,000 worth of THENA tokens, equivalent to 1.4 million tokens. They then…
In the competitive Bitcoin ETF market, asset managers and issuers are ramping up efforts to lure clients and grow their assets under management (AUM). Grayscale Investments, a digital asset manager, is considering spinning off its spot Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (GBTC), in response to the ongoing fee war. Reuters reports that…
Former U.S. President Donald Trump acknowledges Bitcoin as another type of currency, noting its growing significance. He even allows people to buy his merchandise using cryptocurrencies. Trump recognizes the widespread use of Bitcoin and hesitates to dismiss its importance, suggesting he sees value in its continued acceptance. Donald Trump’s Views on Bitcoin During an interview…
Bitcoin reached a new milestone, surpassing $71,000 for the first time ever. This marks a continuation of its upward trend, extending its rally for the sixth consecutive day. The surge in Bitcoin’s price this year has been fueled by significant investments in US exchange-traded funds. Yesterday, the leading cryptocurrency rose by as much as 3.2%,…
Hop DAO sells 209,251 Arbitrum tokens to cover operational costs and support research, planning to convert 25% to USD-Coin. On Monday, Hop DAO held a vote on the blockchain to sell 25% of its Arbitrum holdings, totaling over 200,000 ARB tokens, valued at $2.075. This decision was made to finance the DAO’s operational costs. Hop…
On Monday, the Spanish High Court rejected Sam Altman’s Worldcoin’s appeal to lift the temporary ban in Spain. On Monday, Spain’s High Court decided to keep the temporary ban on an iris-scanning project by Tools for Humanity, despite an appeal from the owner of Worldcoin. The court emphasized the need to protect the “public interest”…
Ten financial institutions are gearing up to introduce spot Bitcoin ETFs in Hong Kong. Additionally, spot Ethereum ETFs are expected to debut before similar offerings in the United States. Regulatory approval in Hong Kong has sparked plans for spot Bitcoin ETFs and spot Ethereum ETFs in the burgeoning crypto market. Applications for spot Bitcoin ETFs…
An analyst recently forecasted that Ethereum’s price might reach $10,000 at its peak during its cycle. However, the prediction for Solana was more modest, aiming for just $200. Considering these forecasts, it’s crucial to keep an eye on two other possible competitors to Solana that could experience notable growth. Bullish Short-Term Outlook for Jupiter and…
Within a single day, Tether infused $2 billion USDT into the cryptocurrency market, igniting considerable attention among community members. Analysts speculate that this move could pave the way for a surge in altcoins, potentially leading to new record highs. Tether’s Recent $2 Billion USDT Injection Sparks Bullish Sentiment Prominent stablecoin issuer Tether has recently continued…
Vitalik Buterin suggests a recovery hard fork to safeguard users against potential threats from quantum computers. He warns of the risks of users losing their funds due to the emergence of quantum computers. In the event of the hard fork, users are advised to download a new software wallet to execute this backup plan. Ethereum’s…
VeChain spreads awareness about VeBetterDAO, focusing on upcoming features like B3TR, VOT3, GM NFTs, and X-2-Earn applications. The crypto community eagerly monitors VET and VTHO for potential significant profits. VeChain recently made significant progress with the introduction of VeBetterDAO and the launch of two new tokens, VOT3 and B3TR. While the VeFam community is still…
Gold and cryptocurrency emerge as the victors in the investment arena, traditionally linked with volatile stocks and uncertain markets. What comes next? Let’s take a closer look. With spring here, Bitcoin is flourishing after a tough winter. Those who stayed committed during the challenging times are now feeling proud. Should you consider joining them? This…
Shytoshi Kusama, the main developer of Shiba Inu, has urged the community to back the listing of Bone ShibaSwap (BONE) token on Binance. This move is a significant step in gaining wider market recognition for the cryptocurrency. Kusama’s involvement has spurred the SHIB Army and the larger Shiba Inu community to cast numerous votes on…
Bitcoin’s recent surge wasn’t unexpected for crypto fans, given the increasing excitement and greed in the market. The world’s largest digital currency keeps climbing higher, breaking yet another record and going past $70,000. Now, experts are talking about $100,000 as the next target. Bitcoin’s Remarkable Rally: Anticipation of $80,000 and $100,000 Targets Bitcoin (BTC) has…
Algorand, a third-generation Proof-of-Stake (PoS) blockchain, is preparing for its next token unlock event, scheduled to start on March 19, 2024, and last for 31 days. During this period, the project will release 2.29 million ALGO tokens daily into the Algorand network. Based on the current value of ALGO, this translates to approximately $516,000 in…
Dogwifhat (WIF), a dog-themed meme coin on Solana, surged recently, hitting a record high of $2.23 on March 6, 2024, and entering the top 100 cryptocurrencies by market cap. In the unpredictable realm of cryptocurrency, stories of missed chances and surprising twists are quite common. One such story revolves around a developer closely involved with…
Cryptocurrency investors got quite scared due to the recent market correction. Even though Bitcoin hit its highest price ever on March 5, the excitement was short-lived as the whole market took a big dip afterward. Meme coins like Shiba Inu (SHIB) were hit hard by this downturn. On March 5, SHIB’s price dropped a lot,…
The Terra Classic community recently voted on a significant proposal aiming to expand support for validators. This proposal also aims to enhance chain security and decentralization. The Terra Luna Classic community is voting on another major proposal to prevent the exodus of validators, particularly small ones. This proposal aims to enhance chain security and decentralization…
Bitcoin miners made $75.951 million on March 5th, the second-highest daily earnings ever. This shows mining is still profitable despite market fluctuations. On March 5th, Bitcoin miners saw a big boost in their earnings, as reported by Glassnode. Their total income for the day surged to a whopping $75.951 million in US dollars. Bitcoin Miners’…
In the midst of the cryptocurrency market’s frenzy, FLOKI has captured attention alongside recent surges in Bitcoin, Ethereum, and meme coins. One significant factor contributing to FLOKI’s traction is its recent partnership with Uphold. FLOKI, the renowned meme token, has witnessed an astounding surge of 357% in the last 30 days, captivating the attention of…
Investor interest in Meme AI coin is surging as daily trading volumes skyrocket by a staggering 1000% with strong trading volume (STV). During the ongoing meme coin frenzy, the Meme AI (MEMEAI) coin has surged, recording an impressive 168% gain in the last 24 hours. At present, the Meme AI coin is priced at $0.005314,…
SEC Commissioners Hester Peirce and Mark Uyeda have made a bold move by using satire to express their disagreement with the recent ShapeShift settlement. They highlighted the difficulties crypto firms encounter with regulations. By humorously mocking the SEC’s “come in and register” message, they revealed the confusion and uncertainty within the crypto regulatory environment. ShapeShift…