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Search Results for: Cryptocurrency

SEC’s Impending Ethereum ETF Decision Underwhelms Industry Expectations

The U.S Securities and Exchange Commission’s (SEC) judgment on Ethereum ETFs is imminent, and professionals in the field are becoming more skeptical. Crypto analyst Michaël van de Poppe has voiced his skepticism on the May approval of Ethereum Spot ETFs, taking the lead in the discussion. Michael Saylor, CEO of

May 3, 2024 2 mins read

Dogecoin Outperforms Major Altcoins Amid Surging Whale Activity and Wallet Growth

Recent data from the on-chain aggregator Santiment has highlighted a notable increase in whale activity across the cryptocurrency market over the past half-year. This trend has notably pushed Dogecoin (DOGE) to outperform several major altcoins, including XRP and ADA, in terms of wallet growth and market movement. Dogecoin Nearly Outshines

May 3, 2024 1 min read

Shiba Inu Price Prediction: When Will SHIB Hit $0.00017?

A prominent figure in the cryptocurrency community, Oscar Ramos, recently suggested that Shiba Inu (SHIB) could reach a price of $0.00017 by 2025 despite the prevailing bearish sentiment. This forecast comes at a time when SHIB has struggled in the market, currently trading at $0.00002296, marking a significant 49% decline

May 3, 2024 2 mins read

Cardano (ADA) Ready to Surge in Parabolic Bull Run: Analyst Predicts

Cardano (ADA), the tenth-largest cryptocurrency by market cap, continues to trade in the bearish zone — down by 22% over the past 30 days. On the 4-hour chart, the RSI (relative strength index) hovers close to the neutral zone, indicated by its reading of 55.4. Meanwhile, the MACD (moving average

May 3, 2024 2 mins read

Shibarium Successfully Completes Hard Fork, Boosts Scalability

Many in the cryptocurrency world are taking notice of Shiba Inu’s L2 blockchain Shibarium now that its hard fork has been completed. Aiming to improve the Shibarium blockchain’s transaction stability and help the network achieve ‘deterministic finality,’ the second upgrade, the Heimdall hard fork, follows the successful Bor hard fork.

May 3, 2024 2 mins read

Optimism Price Prediction 2024: Why The Impact Of These Coins Affects Price Movement of (OP)

As we advance towards 2024, Optimism (OP) appears well-positioned to capitalize on broader market trends, including the growth of platforms like Option2Trade (O2T). By staying attuned to these developments, investors can better anticipate price movements and make strategic decisions that align with emerging market trends. Anticipating Optimism’s (OP) 2024 Price

May 3, 2024 4 mins read

Memecoins in Turbulent Waters: What Traders Need to Know

In a notable downturn, the cryptocurrency market experienced a significant dip, with Bitcoin, the leader of the pack, plunging below the $60,000 mark, hitting a two-month low of $56,465. This downward trend was mirrored by many altcoins, painting the market red. However, amidst the sea of losses, Solana and certain

May 3, 2024 1 min read

Ethereum Gains Momentum Alongside Surge in Hong Kong ETFs

Amidst a challenging period for cryptocurrency markets, Ethereum has witnessed a notable resurgence, propelled by the launch of Ethereum-focused exchange-traded funds (ETFs) in Hong Kong. The recent surge in Ethereum’s price trajectory followed a dip below the critical $3,000 mark, mirroring Bitcoin’s downward trend. The Hong Kong spot market welcomed

May 3, 2024 1 min read

Michael Saylor Criticizes Ethereum, Foresees No Spot ETF Approval

A strong Bitcoin advocate, Michael Saylor, executive chairman of MicroStrategy, has said that Ethereum is a security rather than a commodity. At the MicroStrategy World 2024 conference on Thursday, May 2, he made some remarks on ETH. Michael Saylor did not stop at criticizing Ethereum and labeling it a security;

May 3, 2024 1 min read

Influential Analyst Reveals 3 Must-Buy Meme Coins in May 2024, Snubs Dogecoin (DOGE)

Meme coins have become a profitable financial alternative and a source of entertainment in the ever-changing world of cryptocurrencies. As we approach the fifth month of the year, Investors are looking forward to seeing which coins will be the next significant players that deliver substantial profits.Three must-buy meme coins for

May 3, 2024 4 mins read
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