The overall crypto market witnessed key moments in May 2024. While the market witnessed price hikes, the SAB 101’s veto caused obstacles. Cryptocurrency has also played a crucial role within the US political landscape which fueled further events. Besides, with multiple crypto crimes and significant arrests the month has been
Bitcoin (BTC), the leading cryptocurrency, continues to exhibit volatile behavior, trapped below the $69,000 range early Monday. Despite its unstable momentum, Bitcoin traded between $68,000 and $70,000 in the past week. In the past 24 hours, BTC has experienced a slight uptick of approximately 1.51%. Further, the global cryptocurrency market
Chainlink (LINK) remains a powerhouse in the altcoin domain, maintaining a pivotal position with a current value near $16, crucial for its continued ascent. In contrast, after the Ethereum spot ETF got the green light, Optimism’s value took a hit, plummeting 18% from $3 down to $2.46, signaling a shift
While Cardano (ADA) grapples with significant support levels, its ability to rise remains promising, dependent on overcoming existing resistance barriers. Concurrently, despite market corrections affecting the broader scope, Aave witnessed an uptick last week. However, the appearance of a bearish candlestick pattern suggests another potential downturn. Amid these fluctuations, BlockDAG
BlockDAG‘s continuous innovation and development have captivated the investment community. Regular updates, strategic displays, and developmental releases have fueled a rapid presale progression, escalating from $0.001 in Batch 1 to $0.0095 in Batch 16, amassing $38.4 million from the sale of over 10.35 billion BDAG coins. While Avalanche (AVAX) faces
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
Patrick McHenry, a Republican senator from the United States, has pushed the Senate to approve a landmark bill regulating cryptocurrency before the November presidential election. On May 22, with 71 Democrats and 208 Republicans in support, the Financial Innovation and Technology for the 21st Century Act (FIT21) was approved by
The cryptocurrency markets appear to be stuck in a bearish trend, but certain altcoins are exhibiting hidden bullish divergence. In the meantime, the markets may experience a brief upswing, presenting an opportunity to accumulate some of these promising cryptocurrencies. Decentraland (MANA) Decentraland, one of the overlooked NFT tokens, once ignited
The meme coin sector spearheads bullish rallies with a 34.88% price growth in the last 30 days. In particular, Pepe Coin has shown an impressive 106% growth in market price over the past month. PEPE’s upward rally has resulted in 96% of the holders residing with profitable wallet holdings. The
As the cryptocurrency market continues to evolve, investors are always on the lookout for promising opportunities to maximize their returns. With the anticipated alt season in 2024, three cryptocurrencies stand out as compelling investments: Polygon (MATIC), Shiba Inu (SHIB), and Retik Finance (RETIK). Each of these projects offers unique advantages
