A Russian official stated that there are no intentions to ban cryptocurrency transactions in the country, emphasizing the importance of factual reporting over sensational headlines. Anton Gorelkin, a lawmaker in Russia and the deputy chairman of the State Duma Committee on Information Policy, Information Technologies, and Communications, provided clarification regarding the country’s position on cryptocurrency…
With the cryptocurrency industry experiencing increased bullish sentiments following the Bitcoin Halving and greater price volatility, experts predict the market could hit a new all-time high in the coming months. Meanwhile, the excitement surrounding airdrops has surged, showing investors’ growing interest in maximizing profits. In this article, we’ve highlighted the top three airdrops scheduled for…
According to a Bloomberg report, on Monday, both Bitcoin and the wider cryptocurrency market saw a drop in value. This decline made some traders anxious, especially with an upcoming Federal Reserve meeting. They worried that the meeting might indicate that interest rates will stay high for a longer time. Bitcoin and Altcoins See Decline, Questions…
Australian players aim to mirror the success of spot Bitcoin ETFs seen in the US by focusing on the $2.3 trillion pension market for investment inflows. They’re betting on attracting significant investments from this market to replicate the achievements observed across the Pacific. Following a strong reception to the debut of spot Bitcoin ETFs in…
Cardano’s market structure has turned bearish following its recent drop below $0.45. The resistance just above may hinder buyer efforts to regain momentum. Last month, Cardano (ADA) witnessed a decline in its DeFi and NFT sectors, along with decreased user activity. The token’s price fluctuated between $0.45 and $0.685, forming a short-term range. Over the…
Bitcoin’s price has been on a bit of a downswing lately, dropping to $62,300 yesterday. However, it has bounced back quite a bit since then, gaining almost $2,000. Today, the prices of altcoins are looking positive, with Ethereum rising above $3,300 and SOL climbing back to the $140 mark. Bitcoin Faces Volatility After Fourth Halving…
The price of Popcat rose by 25% in the past 24 hours, reaching $0.4734 as of 6:05 p.m. EST, with trading volume increasing by 43% to $123 million. Additionally, Popcat has emerged as the top gainer of the week among the top 100 cryptocurrencies by market capitalization, experiencing a surge of 185%, as reported by…
The DTCC, a financial services company, made an announcement stating that exchange-traded funds (ETFs) and similar investment products tied to Bitcoin or other cryptocurrencies won’t be given any collateral value. The Depository Trust and Clearing Corporation (DTCC), which handles clearing and settlement services for financial markets, announced that it won’t offer collateral or extend loans…
Memecoins are leading a new bull run in the crypto market, showcasing remarkable growth for the second time. While some criticize these tokens for lacking value and potentially harming the industry, others applaud them for their ability to engage communities and introduce new users to cryptocurrency. The recent memecoin surge has also driven a notable…
Armando Pantoja, known as @_TallGuyTycoon, has made waves in the crypto community with his bold forecasts for various cryptocurrencies. Among his notable predictions is Shiba Inu, which he believes could hit $0.001 by the end of either 2024 or 2025. Currently trading at $0.00002529, Shiba Inu faces a substantial climb to reach the $0.001 target….
DOGE began trading at $0.15 on April 26, facing declines for three consecutive days, while competing memes BONK and PEPE saw significant gains. Despite the hype around the Bitcoin Halving earlier in the week, major Proof-of-Work coins have struggled for momentum since April 20, sparking concerns among investors about a possible post-halving downturn. Dogecoin Price…
Solana’s newest memecoin, $MANEKI, has seen an astonishing surge of 30,000% since it was introduced. Within a mere four hours of being listed on the Jupiter Exchange, this memecoin has caused quite a stir in the cryptocurrency world, drawing considerable attention and trading activity. The remarkable rise of $MANEKI signals a growing fascination with meme…
Despite recent market fluctuations, meme coins on the Solana network are thriving, with Bonk (BONK) leading the pack with a 130% surge in just 12 days, while PEPE follows closely behind with gains of 109.8%. This surge reflects a shift in investor interest towards riskier assets, particularly as Bitcoin loses its appeal and meme coins…
In a recent update, Robinhood, a platform for trading cryptocurrencies, has added Shiba Inu (SHIB) for its users in New York. The platform also grabbed attention by transferring a large number of Shiba Inu tokens between its cryptocurrency wallets. In a recent announcement on X (formerly Twitter), Robinhood informed residents of New York State that…
Maneki (MANEKI), a new meme coin on Solana, surged over 45% today, reaching a record high since its recent launch. Notably, significant whale activity, especially from Solana (SOL) investors, has been observed. Today, the price of the Maneki crypto surged by over 46%, despite the prevailing bearish market sentiment. Notably, significant whale activity was observed,…
Shiba Inu has revealed its plans for upcoming developments within the Shibarium ecosystem, scheduled for implementation in the 2024/2025 cycle. One of the major highlights is the upcoming release of an updated version of ShibaSwap, which serves as the official decentralized exchange (DEX) of the Shiba Inu ecosystem. Lucie, a representative, mentioned that both versions…
Bonk’s price is going up as it forms a Golden Cross, suggesting it might keep rising. Also, the funding rate turned positive from negative in the last four days, which could make bearish investors less worried. This shift might ease concerns for bears who saw $2 million worth of liquidations. Bonk (BONK), a popular meme…
Toncoin (TON) is getting ready for a possible jump in price, driven by a change in how investors feel and good signs from the market. Even though the price went down recently, experts think it could go up again, maybe reaching $7.8. That would be a rise of about 17.77%. Toncoin (TON) Enhances Affordability and…
Robinhood, the popular trading platform, has extended its support to three new cryptocurrencies in New York. Users in the state can now trade Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) on the platform. Shiba Inu is now available for trading by New York residents on Robinhood, joining Avalanche and Compound on the brokerage firm’s…
ADA has experienced a surge in activity recently, particularly in the number of large transactions. In just 24 hours, an astounding 25 billion ADA tokens were transferred. This notable on-chain activity correlates with ADA’s price movements, prompting a closer examination of the on-chain metrics and their potential implications for the asset’s future. Analyzing On-Chain Data:…
On April 24, 2024, the meme coin Pepe (PEPE) experienced a significant surge of 47%, propelling it past Dogwifhat (WIF) to become the third-largest meme coin in terms of market capitalization. According to a post by the on-chain analytics firm Lookonchain on X (previously Twitter), a whale wallet address known as 0x803, associated with rektdolphineth,…
A significant amount of Dogecoin has been transferred from an unidentified wallet to a well-known trading platform. The transfer, highlighted by a popular cryptocurrency tracking account on Twitter, reveals a staggering sum of the leading meme coin being sent to the Robinhood exchange. Among the transferred assets were hundreds of millions of Dogecoin (DOGE). This…
After surpassing the $66,000 resistance level, the price of Bitcoin has entered a period of consolidation. Currently, Bitcoin is aiming for a further increase above the $67,200 resistance level, indicating potential for the next upward move. Bitcoin is aiming for a notable rise above the $67,200 resistance zone, trading above $65,500 and the 100 hourly…
Amendments are slowing down SEC decisions for both BlackRock and Grayscale, despite experts indicating the agency’s limited involvement. The SEC will delay rulings on BlackRock and Grayscale’s spot Ethereum (ETH) exchange-traded fund (ETF) applications, each valued at $3,229. The SEC announced delays in deciding on Grayscale’s application and in making amendments to BlackRock’s application just…
The price of Akash Network’s native cryptocurrency, AKT, soared by 45% in the last 24 hours, reaching $6 as of 4 a.m. EST. This surge was accompanied by a remarkable increase in trading volume, which rose by 2,043% to $84.9 million. Initially, AKT surged by over 50% to $6.8. Notably, during this upward movement, the…
Following the Bitcoin Halving, the cryptocurrency market has seen a surge in volatility, suggesting heightened activity among buyers and sellers. Amidst this, memecoins present a mixed sentiment, reflecting uncertainty regarding future price movements. Dogecoin, the frontrunner in this category, is experiencing a downward trend, while Shiba Inu, the second-largest memecoin, has recently shown signs of…
The listing of Pepe Coin futures on Coinbase International Exchange, initially planned for April 23, has been postponed by five days from its original launch date. Today, Pepe Coin (PEPE), a well-known meme coin on the Solana blockchain, saw a rise of almost 5%. This increase occurred just before its perpetual futures were set to…
The crypto community is buzzing with excitement about XRP, as several analysts are seeing positive signs in its chart and forecasting significant short and long-term increases. Among these analysts is Ash Crypto (@Ashcryptoreal), who has set targets for multiple cryptocurrencies over a 12 to 15-month period. With a decade of experience in crypto trading since…
Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has expressed optimism about the crypto market. The Glassnode Cofounders stated that despite recent corrections, they anticipate significant growth ahead. Their analysis suggests that the market, excluding the top 10 cryptocurrencies called “OTHERS,” is showing a strong upward trend, indicating potential for further growth. Glassnode…
Bitcoin remained stable above $65,800, bringing relief to investors amid recent market fluctuations. Transaction fees dropped significantly post-halving, with medium-priority fees falling to $8.48 and high-priority transactions decreasing to $9.32. The crypto market’s total value surged to $2.45 trillion, reflecting strength, while Bitcoin’s price rose to $66,270, signaling positive sentiment. With a market dominance of…
As the overall market rebounds from the negative effects of the East Asian crisis, altcoins are staging a comeback. One such coin experiencing a resurgence is Chainlink (LINK). Its price movement indicates the possibility of a significant upward trend, signaling the start of a potential bullish run following another bounce back. For the third time,…
NEAR Protocol’s native token has emerged as one of the top performers in the last 24 hours. Bitcoin’s price is steadily rising after the recent halving, surging above $66,000 for the first time in a week. Other altcoins have also seen modest gains, with Ethereum reclaiming $3,200 and BNB surpassing $600. Bitcoin’s Rollercoaster Week Bitcoin…
Dogecoin is trying to bounce back above the $0.150 mark against the US Dollar. However, it might face difficulty breaking through the $0.170 barrier. DOGE began recovering from the $0.1280 support against the US dollar. It’s now above $0.1500 and the 100 simple moving average (4 hours). On the 4-hour chart of the DOGE/USD pair…
Solana experienced a significant drop in revenue in the last quarter, despite a surge in price, as interest in Solana NFTs declined. Solana (SOL) has gained considerable attention in recent months due to its growing popularity among users. However, the network faced challenges during the first quarter of 2024. Mixed Financial Performance of Top Blockchains…
A Nigerian startup focusing on blockchain-based payments and remittances has partnered with Tether, the stablecoin issuer. This partnership aims to bring the advantages of stable digital transactions to more consumers and businesses throughout Africa. Ivorypay, a Nigerian startup that focuses on blockchain-based payments and remittances, has teamed up with Tether. Through this collaboration, Tether, the…
Former FTX CEO Sam Bankman-Fried has reached a settlement with investors, offering vital cooperation in lawsuits against well-known celebrities. If approved by the court, this settlement could be a crucial development in the legal aftermath of the crypto exchange’s major collapse. Bankman-Fried’s Cooperation in FTX Lawsuit Targets Celebrities In light of his recent 25-year prison…
BNB’s market sentiment stays bullish, suggesting a potential upward breakout that could propel its price to $600. BNB Chain is shifting Beacon Chain functions to BSC. While many anticipated volatility after Bitcoin’s halving, not all altcoins, including BNB, immediately surged. Despite a subdued reaction initially, BNB could soon experience heightened volatility. BNB Price Action…
Jito (JTO) price has surged by 10% in the last 24 hours, reaching $3.88, with its market cap surpassing $450 million. This surge comes alongside a significant uptick in open interest across major exchanges like Binance, OKX, and Bitget, rising by 20-45% within the same period. Jito’s open interest surged by 20-45% in the last…
Cardano’s price correction finds support at the 61.8% Fibonacci retracement level, while Bitcoin remains strong above $60,000. The MVRV Ratio for Cardano dips below 22%, historically indicating significant price rebounds. Technical indicators hint at potential bullish momentum ahead. Investors have been closely watching the recent downturn in Cardano’s (ADA) price. After reaching a high of…
Bitcoin mining stocks recovered shortly before the halving, after weeks of decline. Tension in the Middle East slowed growth in tech stocks, showing a correlation between stocks and crypto assets. The halving today will halve miner rewards, leading to significant market movements in recent months. Bitcoin’s price sits at $63,501 as it battles against liquidations…
SHIB’s price has risen approximately 5% in the past day, accompanied by a notable uptick in trading volume and daily active addresses for Shiba Inu (SHIB). This surge coincides with a broader market upswing fueled by Bitcoin’s ascent to $65,000. Additionally, key factors like Shibarium and the coin’s burn rate have also experienced increases. Shiba…
The WIF coin is leading the comeback of meme coins, with its price reaching nearly $2.80. Following Coinbase’s announcement to introduce WIF perpetual contracts, the meme coin dogwifhat (WIF) spiked by 15%. This surge coincided with notable gains for similar assets like Cat in a Dogs World (MEW), Dogecoin (DOGE), and Shiba Inu (SHIB), reflecting…
The Aptos Foundation has introduced Aptos Ascend, a new platform supported by major players like Microsoft Azure, SK Telecom, and the Boston Consulting Group. In a significant step toward transforming open finance, Aptos Labs has unveiled Aptos Ascend, a state-of-the-art platform set to reshape financial services. This innovative initiative is the result of a partnership…
Over the past day, the meme coin sector has taken a hit, with its total market value dropping by around 5%. Leading the decline are WIF and PEPE, two meme coins that have seen significant double-digit losses in their value within the same timeframe. The meme coin sector has experienced a notable decline, with its…
TOKEN2049 Dubai, scheduled for April 18 to April 19, will unite top figures in the Web3 sphere to share insights at the event. Recognized as a premier crypto conference, TOKEN2049 will convene in Dubai, featuring renowned thought leaders from the crypto community. Below are some notable speakers slated to participate at TOKEN2049 Dubai. Speakers at…
Pepe Coin demonstrates resilience in its 24-hour trading volume, with 70% of its holders experiencing transactions above their buy price. This high profitability is attracting more investors to Pepe Coin. Even amidst the recent market downturn, Pepe (PEPE), a meme coin featuring a frog theme, stood out by limiting its losses and resisting the fall….
Solana’s price has dropped by 21% within a week. Despite this, data from both on-chain activities and derivatives markets suggests that investors remain confident in the network’s ability to overcome recent challenges. Solana’s native token, SOL, priced at $135, saw a significant 21% drop last week, hitting its lowest point in nearly six weeks. This…
Coinbase is set to introduce support for Omni Network (OMNI) on the Ethereum network as an ERC-20 token. The biggest cryptocurrency exchange in the USA, Coinbase, revealed its plans to list an altcoin named Omni Network (OMNI). Coinbase Introduces Support for Omni Network (OMNI) on Ethereum Coinbase has announced plans to support Omni Network (OMNI)…
This article examines how many months it would take for Shiba Inu to reach the price targets of $0.0001, $0.001, and $0.01 if it achieves a 100% gain every month from its current position. Shiba Inu is currently facing pressure from sellers, as it has dropped below several important price levels, notably falling below $0.00002….
Bitcoin’s ongoing struggle is impacting the broader cryptocurrency market, with Filecoin experiencing a significant drop in price from $10 to $5.9, leaving investors disappointed. Market volatility persists as concerns about inflation and geopolitical risks linger. Cryptocurrencies have faced substantial losses amid the continued fluctuations in Bitcoin, which shows no signs of stabilizing yet. The double-digit…