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Analyst Who Predicted Shiba Inu Rally in 2021 Does Not Think SHIB Is the Best Bet for 2024 Gains, Recommends Solana-Based Rival With Under $100,000,000 Market Cap

Making the appropriate decisions in cryptocurrency investing may be likened to navigating a maze. As meme currencies like Shiba Inu (SHIB) continue to soar in value and draw interest from investors throughout the globe, investors must pay attention to the recommendations of experienced analysts to identify potentially profitable chances. This

May 13, 2024 4 mins read

Investors Anticipate Fed Minutes for Insights on Future Monetary Policy

Investment Firm Metaplanet Turns to Bitcoin Amid Japan’s Economic Woes

As a hedge against Japan’s ongoing economic woes, the Tokyo-listed crypto investment and consultancy business Metaplanet Inc. has decided to accommodate Bitcoin in its strategic treasury reserve. The company stated: “The move is a direct response to sustained economic pressures in Japan, notably high government debt levels, prolonged periods of

May 13, 2024 2 mins read

3 Meme Coins That Could Take Off in May and Why to Stay Away from Dogecoin (DOGE) for Now

In the ever-evolving world of cryptocurrency, meme coins have emerged as a fascinating and often volatile subset. While some investors steer clear of them, others see potential for astronomical gains. As we step into May, three meme coins have captured the attention of traders and enthusiasts alike: Hump, Bonk, and

May 13, 2024 4 mins read

Fhenix Collaborates with Privasea to Advance Secure AI with FHE

io.net and Aethir Partner to Expand GPU Infrastructure for AI Computing

Leading decentralized computing technology provider io.net has announced a major GPU infrastructure expansion in collaboration with a leading enterprise-grade AI-focused GPU-as-a-service provider Aethir. This announcement represents a turning point in io.net’s ongoing efforts to improve blockchain and AI compute capabilities. Over 300 NVIDIA H100 GPUs from Aethir have been integrated into io.net’s

May 13, 2024 3 mins read

Ripple CEO Warns of US Government Targeting Tether, Potential Impact

According to Ripple CEO Brad Garlinghouse, the US government is “going after” USDT stablecoin issuer Tether, which might have unforeseen consequences for the cryptocurrency market. In the same vein as the collapse of FTX and the following revelation of fraud committed by its leadership, Garlinghouse said on a May 10

May 13, 2024 2 mins read

NFT Collection Pudgy Penguin’s CEO Reports Over 1M Toy Sales in 12 Months

NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last

May 13, 2024 1 min read

Top Crypto Analyst on Twitter Identifies 3 Best Memes Coins in May 2024, Shiba Inu (SHIB) Not Among Them—Here’s Why

The meme coin sector is gaining momentum again as the total market cap surges by 7.4% today. However, not all projects are experiencing equal gains, with some tokens soaring by over 50% in the past 24 hours. In this article, we delve into the top meme tokens a leading crypto

May 13, 2024 3 mins read

Bitcoin Network Witnesses Multi-Year Low in New Address Additions

Bitcoin On-Chain Activity Nears Record Lows Amid Market Uncertainty

Due to a precipitous drop in transaction volumes, Bitcoin’s on-chain activity has been approaching record lows throughout the last two months. This slump follows Bitcoin’s all-time high earlier this year and is more a result of market uncertainty and apprehension than a foreshadowing of future price declines. The on-chain transaction

May 12, 2024 1 min read

Robert Kiyosaki Endorses Bitcoin Amid BRICS Crypto Speculation

Bitcoin (BTC) has been yet again endorsed by Rich Dad Poor Dad author Robert Kiyosaki. Despite his penchant for making such predictions, he is of the opinion that the cryptocurrency may mitigate the effects of the US dollar downfall this time. South Africa is one of the original members of

May 12, 2024 2 mins read

Investors Eye Upcoming U.S Economic Data Amid Crypto Market Volatility

Investors are waiting anxiously for important economic data to help them navigate the volatile cryptocurrency market. Important data, such as the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI), is set to be released soon and might affect market dynamics, especially given the current gloomy sentiment in the

May 12, 2024 2 mins read