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As the cryptocurrency market grapples with a period of consolidation, leading cryptocurrencies have been exhibiting neutral price action since the beginning of the week. Ethereum (ETH), the altcoin leader, continues to trade close to its critical support level of $2,800, signaling a cool-off in its price momentum. In contrast, Chainlink
Robinhood revealed that its crypto trading API is now available to consumers in the US. The investment app broke the news on May 30 that it was trying to use an API to reach out to experienced cryptocurrency traders. Users in the United States may programmatically trade cryptocurrencies using the
Despite the presence of favorable market momentum, including the growth of meme coins, the approval of an ETF, a community governance vote for validators, and PayPal’s launch of the PYUSD stablecoin on the Solana network, the Solana (SOL) price has been on a declining trend for the past week. Solana,
The overall crypto sector, after the recent price recovery, has begun showing resistance to maintaining the bullish run. Bitcoin market price, in the past 24 hours has taken a bearish turn with prices sliding closer to $67K. The leading cryptocurrency hit market prices close to its all-time high of $73,750
An initiative to raise the burn tax to 1.5 percent was shot down by the Terra Luna Classic community. Regular suggestions to change the burn tax, particularly to raise its amount, have been met with community members’ dissatisfaction. Members of the Terra Luna Classic (LUNC) community have spoken out against
Users of the now-defunct Earn lending program have started to get their funds via cryptocurrency exchange Gemini. A statement on May 29 states that members of Gemini’s Earn program received $2.18 billion in digital assets, which amounts to 97% of the assets owed to them and a 232% recovery after
Despite the intraday weakness in the market, as Bitcoin and Ethereum struggle to maintain their positions, the Solana (SOL) price trend sustains an optimistic outlook. Even with a bearish closing to last week, the SOL price has managed to hold above the crucial $160 mark, offering a bullish perspective. The
Notcoin, was launched in the telegram Open Network (TON) on May 16. It is Binance’s 54th launchpool project. Since its launch, the community-driven token has exhibited a positive market price performance. In the past 24 hours, it has surged by a notable 37.90% becoming one of the top gainers in
In a significant development, wallets associated with the defunct cryptocurrency exchange Mt. Gox have transferred a substantial amount of Bitcoin. Data from Arkham Intelligence reveals that approximately 43,000 Bitcoin, valued at $3 billion, were moved on May 28. This marks the first such transfer in five years and signals a
Uniswap (UNI), the governance token of the decentralized exchange Uniswap, has recently experienced a significant price rally, gaining 42% in a 7-day period. However, the token’s price action has turned negative, with a 24-hour drop of 4.79%, currently trading at $10.99. Additionally, Uniswap’s 24-hour trading volume has decreased by 36.5%
