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Showing posts from May, 2024

Notcoin in focus as KangaMoon excites with bonus sale

Notcon (NOT) token’s price fell sharply after its debut on exchanges. KangaMoon (KANG) is offering a bonus presale stage ahead of first CEX listing. Analysts say the lackluster spot Bitcoin ETFs market means Bitcoin prices could see limited upside action in coming weeks and months. What does this mean for newly-launched Notcoin and could KangaMoon offer a better investment opportunity? Notcoin dumps after airdrop Notcoin (NOT) is the native token of a tap-to-earn game project that aims to onboard millions of users to Web3. The project went viral amid its debut on Telegram, and saw massive hype ahead of its trading debut this week. Much of this was down to listing announcements from top Crypto exchanges Binance, OKX and Bybit among others. Indeed, Notcoin traded at a Fully Diluted Valuation (FDV) of $1 billion as the token made its debut across exchanges. However, NOT price has tanked 67% since and currently trades around $0.006753. Binance’s cancelling

GameStop Price Prediction: Keith Gill Impact Wanes As GME Plummets 46% And This Solana Meme Coin ICO Hurtles Towards $2M

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The GameStop price plummeted over 46% in the past 24 hours to trade at $0.008183 as of 7:40 a.m. EST as investors dump their holdings in the crypto. GME’s price had rallied after Keith Gill, known as Roaring Kitty on social media, reappeared on X after three years of silence. Renowned for his role in the GameStop saga, Gill’s return had many investors excited at the potential for another meme stock surge. Bulls Trying To Push The GameStop Price Above A Negative Trend Line 1-hour chart for GME/USD (Source: GeckoTerminal ) The GameStop price dropped below the key $0.013127 support over the past 24 hours. After falling below this mark, the crypto has entered into a consolidation phase above $0.007927. Traders are now attempting to push GME over a negative trend line that has formed on its hourly chart. At the same time, bears are trying their best to pull the GameStop price down. A break below the $0.007927 level within the next 4 hours could put the altcoin at risk of plunging t

Oklahoma Passes Legislation to Protect Bitcoin Custody Rights

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Oklahoma has officially passed legislation that will protect Bitcoin custody rights. Specifically, the state has signed a bill, HB3594, into law protecting the custody of the leading cryptocurrency for its citizens. Moreover, the move protects Oklahomans from bans or extra fees for their crypto holdings. The state’s governor, J. Kevin Stitt, officially signed the bill into law this week, which is a massive step forward in digital asset legislation for the United States. Specifically, the development establishes Oklahoma as a state at the forefront of regulatory legislation in the entire country. Source: Watcher.Guru Also Read: US Senator Introduces Bill to Protect Bitcoin Self-Custody Oklahoma Protects Bitcoin Custody With New Legislation Over the last several years, the United States has showcased its borderline contempt for the digital asset industry through its regulatory developments. The US Securities and Exchange Commission (SEC) has consistently sought regulati

Shiba Inu: New Pattern Could Lead to a 280% Rally to 0.000088

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Shiba Inu (SHIB) has struggled to gain momentum after its rally in March. Despite its popularity, SHIB’s price has gradually decreased since its March peak. Nonetheless, the asset seems to be making some positive price movements over the last few days. The popular dog-themed crypto is up 5.1% in the 14-day chart and 1.8% over the previous month. Moreover, SHIB’s price has increased by nearly 162% since May 2023. Source: CoinGecko Moreover, Shiba Inu (SHIB) might continue its bullish trajectory over the next few weeks. According to X user Javon Marks, SHIB is in an intermission phase and is preparing for a massive bull run. Marks predicts SHIB to rally over 280% and hit $0.000088598, which would also be a new all-time high. Also Read: Shiba Inu Whale Sends 100B SHIB To Exchange: Dip Incoming? $SHIB (Shiba Inu) in comparison to it's similar, previous breakout and run to All Time Highs (ATH), looks to be only in an "intermission" phase here in prepartion fo

We asked ChatGPT-4o what will be XRP price at the end of 2024; Here’s what it said

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Though XRP has not been a particularly active participant in the crypto market rally of the first quarter of 2024, things have been far from quiet for the cryptocurrency. Indeed, much activity has emerged from Ripple Labs – XRP’s issuer – and has included significant monthly token unlocks, a reported entry into the stablecoin game, and perhaps most consequentially, the continuation of the long-standing legal battle with the Securities and Exchange Commission. The courtroom fight is also, after many years, seemingly entering its final chapter, with Ripple recently filing a motion to seal certain sensitive business data. The outcome of the case is bound to be consequential and could help XRP, in particular, surge toward its previous all-time highs (ATH) near $3. Picks for you Silver vs inflation: Is silver a hedge against inflation? 32 mins ago Crypto expert PlanB reveals when Bitcoin will ‘go vertical’ 46 mins ago Short squeeze alert for two cryptocurrencies th

Top Meme Coins To Invest In Today Wednesday, May 14 – DogeBonk, Crepe, PawSwap, Sealana

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Investors exploring meme coin opportunities encounter a day-to-day influx of different projects. However, only a few of these tokens have proved to be worthwhile. Meme tokens, an alternative and high-risk investment option, are available on centralized and decentralized exchanges. Our team at Insidebitcoins examines some of the top meme tokens on several crypto exchanges and upcoming coin presales daily. We highlight three tokens poised to deliver high ROI. The Analysis takes the utilities, collaborations, and strengths of each coin into focus.  Top Meme Coins to Invest In Today The meme coin market presently has a significant $24 billion market cap and a trading volume of $1.7 billion. Also, dog-themed tokens lead this area. They control over 90% of the total market cap, equating to over $21 billion and a trading volume of $1.1 billion. DogeBonk has emerged as a cat-themed contender uniquely positioned to grasp the attention of investors and become the leading top meme coins . A

CoinGate integrates Solana within its payment gateway 

CoinGate, the renowned cryptocurrency payment processor, has announced the integration of the Solana (SOL) network within its payment gateway .  Starting today, May 14, merchants can accept Solana (SOL) as a payment currency through CoinGate’s platform. In addition, the USD Coin (USDC) stablecoin will roll out on Solana, with Tether (USDT) and some memecoins potentially following suit in the near future. Picks for you Ripple v. SEC case update as of May 14, 2024 35 mins ago Machine learning algorithm predicts SHIB price on May 31, 2024 2 hours ago How would Trump’s ‘biggest tax cut’ impact crypto 21 hours ago The most successful IPO of 2024 so far – and it's not what you think 21 hours ago Why did CoinGate integrate Solana? Solana stands out in the blockchain sphere for its exceptional speed and efficiency, making it a favorite among crypto enthusiasts.  With 868,000 active users daily, according to Coin98 Analytics, Solana currently r

Crypto ETPs See First Institutional Inflows in Five Weeks, With $130,000,000 Hitting Markets: CoinShares

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Digital assets manager CoinShares says institutions resumed investing in crypto products last week after a five-week break. In its latest Digital Asset Fund Flows report, CoinShares finds that digital asset investment products brought in $130 million in in flows last week after four weeks of out flows . “Digital asset investment products saw inflows for the first time in five weeks totaling $130 million. ETP (exchange-traded product) volumes continue to subside, though, with $8 billion for the week compared to $17 billion average in April. These volumes highlight ETP investors are participating less in the crypto ecosystem at present, representing 22% of total volumes on global trusted exchanges relative to 31% last month.” Source: CoinShares Regionally, the US led in flows with $135 million. While Switzerland and Hong Kong also saw crypto ETP in flows of $14 million and $19 million, Canada and Germany saw out flows of $20 million and $15 million. “Hong Kon

Severe crisis incoming? Expert Michaël van de Poppe questions 4-year Bitcoin cycle

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With the recent Bitcoin (BTC) halving failing to make an immediate bullish effect on the price of the flagship decentralized finance (DeFi) asset, cryptocurrency analyst Michaël van de Poppe has shared his doubts regarding the four -year cycle for the maiden crypto. Specifically, van de Poppe observed that there was a widespread expectation that there would be a four-year cycle for Bitcoin but also argued that this might not be the case this time around, as “liquidity goes on both sides,” according to an analysis he shared in an X post on May 12. In his view, the current cycle will be much shorter and may not even cross three years, after which the price of Bitcoin would enter a significant bear market, or as he noted, “this cycle is going to last until late ‘26, perhaps ‘27, and then, we’re facing a severe crisis.” Picks for you Bank of Canada warns ‘financial system on the brink’ and ‘prepare for fallout' 13 mins ago R. Kiyosaki warns US dollar to crash as

Bitcoin meltdown imminent? Expert warns start of BTC crash next week

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A cryptocurrency trading expert has issued a cautionary warning to Bitcoin (BTC) investors, suggesting that a price crash might be imminent as the maiden digital asset struggles to break through the $65,000 resistance level. In a May 12 TradingView post, analyst Alan Santana highlighted signs indicating a possible downturn in Bitcoin’s price. Santana pointed to Bitcoin’s technical indicators and recent price movements as evidence supporting the likelihood of a forthcoming crash . The expert identified a troubling pattern reminiscent of a cap formation, suggesting a looming trend reversal. Compounding this observation, the all-time high and subsequent lower high sessions concluded with red candle closures below the critical Exponential Moving Average (EMA) 10, signaling a bearish trajectory for Bitcoin. Picks for you Speculation heats up on this cryptocurrency as Citi speaks at private meeting 17 hours ago Here’s when Bitcoin (BTC) could hit $72,000 17 hours a

This Chainlink Competitor Could Explode by up to 230% From Current Level, Says Arthur Hayes-Linked Crypto Fund

Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes’ family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset. The early-stage fund says that Chainlink (LINK) rival Flare (FLR) is “likely undervalued” currently. “Chainlink’s early mover advantage has given it a sizable head start, with countless projects having already integrated with its services. However, as Flare gains traction, it has the potential to quickly catch up to Chainlink.” “To better illustrate Flare’s potential,” Maelstrom Fund says that the fully diluted valuation of FLR is currently about 23% of Chainlink’s even though the upstart has less than 10% of the project integrations that the Ethereum (ETH)-based Chainlink already boasts. The Arthur Hayes-linked fund says that, unlike other oracle providers including the Solana (SOL)-based Pyth Network (PYTH), Flare “can also build its own native ecosystem.” According to Maelstrom Fun

Litecoin Bounces Back But Encounters Resistance At $83

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May 10, 2024 at 13:34 // Price Author Coin Idol The price of Litecoin (LTC) bounces above the current support at $73 but remains below the moving average lines. Long-term outlook for Litecoin price: bearish The altcoin corrected higher but was rejected twice by the 21-day SMA. The upside is further limited by the 21-day SMA or resistance at $83. The cryptocurrency is currently trading below the 21-day SMA resistance but above the support at $73. The altcoin appears to be trading in a limited range, which could lead to a price breakout or crash. Litecoin is currentl

BRICS: Top Economist Says U.S. Dollar is 'Getting Worse'

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The U.S. dollar is the de facto global currency for all commerce and trade settlements across the world. However, a handful of developing countries, including  BRICS  are feeling the pinch of the uncontrolled U.S. dollar debt. The debt climbed above $34.2 trillion and Central Banks find keeping the USD in reserves a risky affair. Also Read: BRICS : China’s Gold Buying Spree to End the US Dollar? A market crash will not only send the U.S. markets tumbling but hoarding the dollar in reserves will severely impact BRICS countries. To safeguard their native economies and currencies, developing nations are looking to end reliance on the U.S. dollar for trade. BRICS: Leading Economist Warns the U.S. Dollar ‘Is Going To Get Worse’ Source: Adobe Image / poundsterlinglive.com The author of the best-selling self-help financial book Rich Dad Poor Day, Robert Kiyosaki warned that the U.S. dollar  “is going to get worse” . He explained that the mounting debt and printing of trillions o