Justin Sun, Tron’s blockchain founder, has called on the crypto community to support a pro-crypto candidate in the forthcoming US presidential elections in November. Sun made this appeal in a May 26 social media post, emphasizing the importance of aligning with a candidate who endorses cryptocurrencies to ensure the industry’s voice is heard and interests […]
The post Justin Sun urges crypto community to back pro-crypto presidential candidate appeared first on CryptoSlate.
The former president attempted to cast himself as the pro-crypto candidate during his speech, which was met with jeers from the audience.
In this week’s edition of “This Week In Crypto” we delve into pivotal developments and key data releases that are set to shape the crypto landscape in the last week of May. From crucial inflation data influencing Bitcoin’s trajectory to significant governance votes and strategic collaborations in the blockchain sector, each event carries the potential […]
"Last night, Donald Trump pledged to commute my sentence on day 1, if reelected. Thank you. Thank you. Thank you," Ulbricht wrote on Twitter.
The post FLOKI Trends on Binance as the Hottest Meme Coin appeared first on Coinpedia Fintech News
FLOKI is trending on Binance as the hottest #memecoin in the world, outperforming PEPE, BONK, SOL, and PEOPLE. FLOKI is up by 18% today, marking significant momentum. The Floki Staking Launchpad v2.0 is now live, adding to the excitement. Currently, FLOKI is just 14% below its all-time high (ATH) of $0.00031. This week is set …
Quick Take Data from The Block shows that as of May 2024, hedge funds have taken a notable bearish stance on Bitcoin, holding the largest net short positions in CME Micro Bitcoin Futures since the end of 2021. These micro contracts, each representing 0.1 BTC, cater to traders seeking precise exposure with lower capital requirements […]
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The post Pro XRP Lawyer: Ripple Lawsuit and Escrow Burn Not Major Price Drivers appeared first on Coinpedia Fintech News
Once again, the price of XRP had a hard time staying above the $0.5450 barrier. It is now going down, and the $0.512 support area could be tested. Is XRP price tossing between Ripple lawsuit and escrow burn? The analysts deny such claims. Let’s see what it means for you. Pro XRP Lawyers Addressing Community …
Despite an eight-year headstart, xAI’s Grok could become a chatGPT competitor by the end of 2024, according to Musk.
Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities.
The post Samson Mow Predicts BTC’s Omega Candle Surge appeared first on Coinpedia Fintech News
In response to Adam Back’s tweet, ‘ Is it time?’ In an ultra-bullish BTC tweet, Samson Mow wrote, ‘It is time’ to predict that a BTC Omega candle will take place soon. Mow believes BTC to skyrocket to the $1 million level eventually, and the remarkable growth will happen due to Omega candles, which are …
The post xAI Secures $6 Bln In Series B Funding; More Updates Await appeared first on Coinpedia Fintech News
Elon Musk’s xAI has recently secured $6 billion in a series B funding round held on May 26. Numerous investment giants participated, including Sequoia Capital, Fidelity Management and Research Company, Vy Capital, Valor Equity Partners, and many others, marking a significant milestone for xAI. The funds from the financing round will be used to take …
The post MicroStrategy’s Bitcoin Bet Pays Off: Market Cap Soars & Inclusion in Major Indexes appeared first on Coinpedia Fintech News
MicroStrategy’s bold move to invest heavily in Bitcoin is paying off handsomely. The company’s substantial holdings in digital assets have not only boosted its financial standing but also earned it spots in major stock indexes. This significant development underscores the impact of strategic cryptocurrency investments on traditional businesses. Bitcoin Investment Strategy Rewarded Back in 2020, …
The post Argentina In Talks With El Salvador For Bitcoin Adoption appeared first on Coinpedia Fintech News
Argentinian regulators are in talks with El Salvador about Bitcoin adoption. The high-ranking CNV officials visited El Salvador and met with El Salvador’s National Digital Assets Commission last week to learn from El Salvador’s experience in using Bitcoin as a legal tender and plan to sign a cooperation agreement. The CNV President Roberto Silva praised …
The post TRUMP Coin Hits New ATH appeared first on Coinpedia Fintech News
After Donald Trump’s appearance at the Libertarian National Convention on May 26, the meme coin associated with his name, maga (TRUMP), has surged by over 30% in the last 24 hrs. The meme-coin TRUMP is the top-performing crypto over the last 12 months, with a startling 98,352.40% increase. In the past two weeks, TRUMP has …
Bitcoin is consolidating and BTC price bets are building — where will BTC/USD head next?
Republican Presidential candidate and Former US President Donald Trump has declared his support for cryptocurrency, advocating for its future in the United States, as the presidential election draws closer. With this declaration, Trump’s views on digital assets have clearly changed because he now acknowledges their ability to spur economic growth and innovation. US Should Not […]
Ethereum’s price has climbed to a two-month high of more than $3900 less than a week after the US Securities and Exchange Commission (SEC) approved 19b-4 filings for eight spot exchange-traded funds (ETF)-related to the digital asset. This caps a week of positive performance for Ethereum, significantly outpacing the top 10 cryptocurrencies by market capitalization. […]
The post Ethereum outperforms market surging to $3900 after ETF approval, Pectra upgrade in sight appeared first on CryptoSlate.
The post NEAR, GRT, And FET Price Alerts Bearish Run This Week? appeared first on Coinpedia Fintech News
The crypto market has displayed a mixed sentiment over the past weekend with Bitcoin price recording a consolidated weekend. In contrast, the altcoin leader, ETH price, added over 5% to its valuation during this time. However, AI tokens have displayed a weak price action over the past few days with top Artificial Intelligence cryptos recording …
The post Legendary Crypto Analyst Identify Key Buying Zone For Bitcoin for Massive Profits appeared first on Coinpedia Fintech News
Prominent crypto analyst Michaël van de Poppe shared his analysis on Bitcoin’s current price movements and potential buying opportunities. As Bitcoin aims to consolidate within a specific range, van de Poppe provides a detailed outlook on what traders should expect and where they might consider making their next purchases. Bitcoin In the Consolidation Phase In …
Quick Take MicroStrategy, which holds a significant 214,400 Bitcoin on its balance sheet, has experienced a remarkable 146% rise in share price this year, pushing its market cap to approximately $30 billion. This impressive performance has earned the company inclusion in major stock indexes. On May 15, Reuters reported that MicroStrategy (MSTR) would be added […]
The post MicroStrategy eyes S&P 500 after 146% share rise and inclusion in MSCI World, Russell 1000 appeared first on CryptoSlate.
Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF.
Ether surged more than bitcoin over the weekend on renewed optimism for the second-largest cryptocurrency.
As the Consensys 2024 conference commences this week in Austin, Texas, the LINK community is abuzz with anticipation over a potential pivotal announcement from Chainlink in collaboration with SWIFT. Speculations are rife that this announcement, set for May 30 during a session on tokenization, could significantly influence LINK’s market performance. Chainlink And Swift Partnership Going To The Next Level? The session titled “How Swift and Chainlink Are Working Together to Unlock Tokenized Assets At Scale” will take place on the Mainstage at the Austin Convention Center. It features Jonathan Ehrenfeld, Head of Securities and Digital Assets Strategy at SWIFT, and Sergey Nazarov, Co-Founder of Chainlink. The session aims to explore how the two entities are collaborating to connect traditional financial infrastructure with the burgeoning multi-chain economy. This partnership is crucial for enabling a global system of on-chain finance for tokenized assets, which could streamline and enhance the security of cross-chain transactions. Related Reading: Chainlink On Fire: Price Nears $18, Profit Ratio Blazes To 2022 Levels This development follows a series of successful experiments conducted in June 2023, where SWIFT, alongside major financial institutions like BNP Paribas and BNY Mellon, demonstrated SWIFT’s potential as a unified access point for various blockchain networks. These tests included token transfers within and across different blockchain platforms, showcasing a stride toward integrating digital assets globally. Chainlink’s role as a leading provider of on-chain data and cross-chain interoperability solutions makes it a strategic partner for SWIFT, which has historically been the backbone for global financial communications across over 11,000 banks. The potential announcement is speculated to revolve around further advancements in this collaborative effort, which may include launching new protocols or a mainnet launch. Furthermore, Sergey Nazarov’s participation in another significant discussion at the conference, scheduled for May 29, titled “Building the Tokenized Asset Economy | Chainlink and Securitize,” adds to the gravity of the week’s events. Here, Nazarov, alongside Carlos Domingo, Co-Founder and CEO of Securitize, will delve into the multi-trillion-dollar tokenization opportunity, discussing strategies for blockchain projects and capital markets institutions to optimize their approaches to tokenization. Related Reading: Crypto Analyst Sounds Warning Alarm For Potential 50-60% Crash In Chainlink Price, Here’s Why The recent $47 million strategic funding round led by BlackRock for Securitize, which coincided with the launch of BlackRock’s first tokenized fund (BUIDL) on Ethereum, underscores the accelerating interest and investment in blockchain and tokenization technologies. With Securitize, Chainlink could ink another major player in the field of tokenization. LINK Price Is Ready To Skyrocket The outcomes of these sessions and the anticipated announcement could significantly impact the LINK price. Notably, the LINK price is in a good position in the daily chart. On May 16, LINK’s price successfully broke above a descending trend line that had previously capped its price action for approximately two months. This trend line, originating from early mid-March, had been a barrier for any bullish momentum, with the price consistently rejecting this dynamic resistance until the mentioned breakout. Following this pivotal breakout, LINK’s price trajectory shifted as it began a rally towards higher price levels. Notably, the price rallied to the 0.5 Fibonacci retracement level, which is calculated from the local high in early March to the significant low in mid-April. This level, sitting at approximately $17.41, has become a crucial focal point for both traders and analysts. Since reaching the 0.5 Fibonacci level, LINK’s price has entered a phase of consolidation, fluctuating within a narrow range defined by the 0.5 and 0.382 Fibonacci levels—the latter at around $16.13. This price behavior indicates a tug-of-war between buyers and sellers, trying to establish a more defined market direction. A convincing break above this level could signify a continuation of the bullish momentum, potentially leading to further gains. Technical traders might be closely watching this level, as a breakout could validate the bullish sentiment further and could see the price aiming for the next Fibonacci levels at $18.70 (0.618), $20.53 (0.786) and 22.86 (1.0). Featured image created with DALL·E, chart from TradingView.com
The hallowed halls of academia are embracing the digital age, with the Zurich University of Applied Sciences in Business Administration (HWZ) announcing a one-of-its-kind Bitcoin course. Launching in March 2025, this program promises to be the first of its kind in Europe, offering a comprehensive exploration of Bitcoin for business professionals. However, the hefty price […]
Here’s the step-by-step process of purchasing ETH on eToro and exploring the platform’s user-friendly interface and seamless transaction procedures.
The post Will The Altcoins SNX and ENS Price Skyrocket 100% This Week? appeared first on Coinpedia Fintech News
As the Bitcoin and Ethereum price aims for a bullish week, the altcoins siphon additional momentum in the market for a quick jump. With a trend reversal anticipation in Synthetix and the bull run gaining momentum in ENS, the buyers expect a massive jump this week. Following the Ethereum ETFs approvals, the altcoins are on …
The post When Will the Altcoin Season Start? Analyst Michaël Van de Poppe’s Prediction appeared first on Coinpedia Fintech News
Analysts are abuzz with speculation about the potential onset of altseason, fueled by a recent surge in total altcoin market capitalization. Leading this charge is Ethereum, which has seen a notable increase, with its price hovering around $3,891. Notably, crypto traders and analysts like Michaël van de Poppe have closely monitored altcoins following Ethereum’s impressive …
The post Pepe (PEPE) Price Hits New All-time High After Flipping Polygon (MATIC) in Market Cap appeared first on Coinpedia Fintech News
Amid the ongoing crypto cash rotation, as Bitcoin (BTC) struggles to rally beyond $72,000, the frog-themed meme coin Pepe (PEPE) has emerged as one of the biggest winners. According to the latest crypto oracles, as of Monday during the early London session, Pepe’s price hovered around $0.0000168, up over 11 percent in the past 24 …
Attackers exploited a tax function in the token’s code that allowed them to issue more tokens and completely drain liquidity pools.
Chiliz (CHZ), the cryptocurrency powering fan engagement tokens for sports and entertainment, is stirring excitement with a potential breakout predicted by popular analyst Javon Marks. Marks forecasts a staggering 351% surge for CHZ, sending its price soaring to a projected $0.63. Related Reading: Avalanche Weathers The Storm – Can AVAX Hit $40 Again? This bullish prediction comes amidst a recent upswing for CHZ, marked by a decisive break above a key resistance level. Marks interprets this technical indicator as a sign of a sustained uptrend, potentially setting the stage for a significant price run. $CHZ (Chiliz) price has returned here with major strength and continues to hold free and broken out of a key resisting trend which can imply a much larger run to be developing! With this breakout holding, a near +351% run from here to $0.63755 could be a matter of time and still… https://t.co/w25MaWhxm5 pic.twitter.com/zSE2kPnfd0 — JAVON⚡️MARKS (@JavonTM1) May 25, 2024 Fan Power On The Blockchain: A Unique Selling Proposition CHZ’s unique value proposition lies in its innovative approach to fan engagement. By leveraging blockchain technology, CHZ empowers fans to forge deeper connections with their favorite teams and personalities through fan tokens. These tokens grant fans exclusive voting rights on certain club decisions, access to unique content and merchandise, and a chance to participate in the ever-evolving world of digital collectibles. This approach has resonated with sports fans globally, propelling CHZ to the forefront of the crypto market. The potential for increased fan engagement through CHZ tokens has attracted a loyal following, further bolstering the token’s potential. Marks’ optimistic outlook has ignited a wave of investor confidence in CHZ. The prospect of a 351% surge has captivated both seasoned crypto veterans and newcomers seeking a lucrative entry point into the market. Maintaining The Momentum However, Marks emphasizes the importance of maintaining the current breakout level for CHZ. He believes that staying above this resistance level is paramount to sustaining the bullish trend and maximizing potential gains. Related Reading: Shiba Inu On The Verge Of 600% Rally? Analyst Weighs In Chiliz: 35% Yearly Climb Signals Strong Growth Outlook The asset’s price has experienced a 35% increase over the past year, indicating strong performance and upward momentum. This positive trend is further supported by its current trading position above the 200-day simple moving average, a key technical indicator suggesting sustained bullish sentiment and potential for continued growth. Additionally, the asset’s high liquidity, as evidenced by its substantial market capitalization, ensures that it can be traded efficiently without significant price volatility. This combination of recent price appreciation, favorable technical indicators, and robust liquidity positions the asset as a potentially attractive investment opportunity. Featured image from National Agricultural Advisory Services, chart from TradingView