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XRP Falls Back And Tests The $0.54 Level

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May 21, 2024 at 11:04 // Price Author Coin Idol The price of Ripple (XRP) remains in a narrow range between the $0.46 support and the moving average lines. XRP long-term analysis: bearish The sideways movement continues as the bulls are unable to break above the 50-day SMA. On May 20, XRP rallied and broke above the moving average lines, but the price stalled at the 50-day SMA. Had the bulls broken through the 50-day SMA barrier, the cryptocurrency might have reached a high of $0.57. Today, the altcoin is on a downward retreat. The current support level of $
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Trader Says One Crypto Narrative Even Bigger Than AI, Predicts ‘Biggest Altcoin Season Ever’

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A closely followed crypto trader believes there is a stronger bullish market narrative for digital assets than artificial intelligence (AI) that could send altcoins to new all-time highs (ATHs). Pseudonymous trader Criptopaul tells his 105,900 followers on the social media platform X that real-world asset (RWA) tokenization has the potential to send altcoins soaring in the current cycle more than the hype around AI. “In my opinion RWA is still the biggest narrative of this cycle, more than AI, since the RWA concept itself is based on blockchain and is a real financial revolution that has been hypothesized for years and since Ethereum was born. Tokenization.” The analyst is also predicting a massive breakout for Ethereum (ETH) against Bitcoin (ETH/BTC) which he believes will also signal the beginning of a historic breakout in the broader altcoin market. “The stars are about to align on ETH/BTC and the biggest altcoin season ever will begin… ETH/BTC double bottom
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Venezuela Bans Crypto Mining Amid Recurring Blackouts

Venezuela has banned cryptocurrency mining activities amid a national energy crisis that is causing recurring blackouts. The Venezuelan Ministry for Electric Energy is also planning to disconnect miners from the national power grid to control demand. #Oficial Prohibida la minería de Criptomonedas en toda Venezuela. — Asonacrip (Asociación Nacional de Criptomonedas) (@AsonacripVe) May 18, 2024 Shutting down crypto mining farms will reduce demand and ensure the Venezuelan people can access efficient and reliable services, the energy ministry said. The government did not say whether the ban would be temporary or permanent. Venezuela Seizes 2,000 Mining Rigs The recent ban comes after local reports that the Venezuelan government had seized over 2,000 crypto mining rigs in Maracay. The seizure is part of an anti-corruption probe leading to the arrest of several government officials, including the former head of the National Superintendence of Cryptoassets, Joselit Ramírez. In a so
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Bitcoin surge incoming? Tether mints another $1 billion USDT 

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Tether, the world’s largest stablecoin issuer, has minted an additional 1 billion USDT through its treasury.  This minting has sparked significant discussion within the cryptocurrency community about its potential impact on the market, particularly for Bitcoin (BTC).  Tether’s CEO, Paolo Ardoino , clarified on X (formerly Twitter) that this issuance was for “inventory replenishment” and was an “authorized but not issued transaction.” Picks for you Short squeeze alert: This cryptocurrency could skyrocket next week 38 mins ago Is Silver set to outperform Gold by 2024? 2 hours ago Here are Bitcoin's new levels to watch as bulls prepare to break resistance 2 hours ago Bitcoin pool mines seven blocks in a row, raises security concerns 2 hours ago PSA: 1B USDt inventory replenish on Tron Network. Note this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain
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U.S. banking giants experiment tokenization with this cryptocurrency

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The Depository Trust and Clearing Corporation (DTCC), recognized as the world’s largest settlement system, has teamed up with blockchain oracle Chainlink (LINK) to conclude a pilot program with several major U.S. banking firms. The primary goal of this initiative was to advance the tokenization of traditional finance funds. Following the announcement of DTCC’s successful completion of the tokenization pilot, Chainlink’s token saw a notable surge of up to 20%. Picks for you Will the USDC outperform USDT in 2024? 4 mins ago Buy signal for two strong cryptocurrencies this week  1 hour ago 2 cryptocurrencies to avoid trading next week 3 hours ago Commodity veteran says this asset is the best trade of his career 4 hours ago This pilot, which included prominent Wall Street firms such as JP Morgan (NYSE: JPM) and BNY Mellon, leveraged Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to merge traditional finance with blockchain technology. A
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2 no-brainer Robert Kiyosaki assets to buy right now

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As he continues to warn of a looming large-scale financial collapse, the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki has been recommending particular asset s one should accumulate as a hedge against losses. Indeed, Kiyosaki’s recommendations include alternative investments ranging from precious metals like gold and silver to cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) to the likes of Wagyu cattle and others, and two of these are a particularly good idea to buy today. #1 Silver Specifically, one of these no -brainer Robert Kiyosaki asset s to buy right now is silver, which has recently neared its highest price in more than a decade, and is going through a fifth consecutive year of supply deficit thanks to its heightened demand in technology and renewable energy sectors. Picks for you Crypto expert Michaël van de Poppe sells all his Bitcoin; Here’s why 1 hour ago We asked ChatG
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Multi-chain NFT Explorer CoinGecko And Nyan Heroes Join To Give Away 7,000 $NYAN

CoinGecko, an on -chain crypto market aggregator and multi -chain non-fungible token market explorer, has partnered with Nyan Heroes to give away a total of 7,000 $NYAN and a pair of rare Genesis Nyan & Genesis Guardian non-fungible token collection. In this article, we shall explore more about this exclusive giveaway. In a May 16 blog post, CoinGecko confirmed partnering with Nyan Heroes Campaign to give away $NYAN memecoins and a pair of rare non-fungible tokens. In this article, we shall explore more in-depth how crypto enthusiasts can participate in this exclusive giveaway. CoinGecko x Nyan Heroes Campaign 😼 We've teamed up with @nyanheroes to give away a total of 7000 $NYAN and a pair of rare Genesis Nyan & Genesis Guardian NFT. 73 lucky winners will be selected. Join now ➡️ https://t.co/EV2MHTS30D pic.twitter.com/8Lg2IhXX5K — CoinGecko (@coingecko) May 16, 2024 CoinGecko X Nyan Heroes Integration Launched in 2014, Coingecko is an on -chain crypto and non
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5 Best Cheap Crypto to Buy Now Under 1 Dollar May 15 – Nervos Network, Oasis, Ondo 

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Traders are actively seeking cost-effective entry points into the market. Some traders have secured promising investment opportunities by mainly targeting affordable tokens. However, pinpointing the most promising low-priced crypto assets demands considerable time and effort.   This Analysis offers valuable insights for traders seeking to evaluate the growth potential of different tokens. Numerous tokens, including some priced below $1, are currently experiencing upward trends, offering investors opportunities to enter the market.  5 Best Cheap Crypto to Buy Now Under 1 Dollar The cryptocurrency market exhibits mixed market signals, posting a slight increase in market cap. However, the trading volume took a slight hit before recovering, indicating investors are actively trading following the Bitcoin Halving. Consequently, this market sentiment has led to a bullish trend for altcoins as traders acquire several.  Nevertheless, this presents an opportunity to capitalize on the dip fo
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Buy signal? XRP whales stack $55 million in two weeks

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XRP whales embraced the opportunity to accumulate more tokens as the cryptocurrency market experiences a mostly neutral sentiment. Traders wonder whether this is a buy signal for the token amid developments related to Ripple, XRP’s largest holder. In particular, the well-known trader and on-chain analyst Ali Martinez posted Santiment ‘s data on X on May 15. Martinez highlighted a notable accumulation from whale addresses with a balance between 1 million and 10 million in the past 15 days. These XRP whales have increased their total stash by 110 million XRP, from 3.60 billion to 3.72 billion. Notably, this investor’s category has been accumulating more tokens in an uptrend since March, making higher lows and higher highs. Picks for you 2 cryptocurrencies to reach $100 billion market cap in the first half of 2024 58 mins ago IShowSpeed's net worth revealed: How rich is the young streamer? 2 hours ago Native DYDX staking now on Anchorage Digital  3 hour
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Tensor Teams Up With NFT Game Backwoods To Launch An NFT Collection On Solana

Tensor, one of the leading non-fungible token market platforms on the Solana NFT ecosystem, has partnered with Backwoods, a blockchain-based game, as an official launchpad partner. To mark this integration, the two firms have launched a new non-fungible token collection on Solana. Tensor X Backwoods Integration In a May 15 blog post, Tensor confirmed partnering with Backwoods as its official launchpad partner. Under the new integration, Tensor and Backwoods have launched a new non-fungible token collection. The Solana blockchain network will power the new NFT collection, which will start minting on May 16, 2024. 🍃 @TheBackwoodsSol Mint! 🍃 🗓️ 16th May ⏰ 1PM EST // 5PM UTC 🪙 $225 in SOL 🍃 6,666 Total Supply Here's the ALPHA 👇 pic.twitter.com/ncAct08K8v — Tensor ⚡️ (@tensor_hq) May 14, 2024 Launched in July 2022, Tensor is a non-fungible token marketplace and aggregator designed for professional traders to buy, sell, and trade digital collectibles on the Solana blockcha
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Most Trending Cryptocurrencies on Polygon – Klima DAO, Ojamu, BTU Protocol

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The memecoin season is back as Pepe, Doge, and other meme crypto dominate the top gainers’ list today. On the other hand, other cryptocurrencies in the market face severe price dumps, with many top crypto coins losing up to 10% of their value.  Nevertheless, the Polygon chain spots some assets with price actions that deviate marginally from the over trends in the market. Today’s post covers Klima DAO, Ojamu, and BTU Protocol, some of the top trending cryptos on the Polygon chain. These tokens boast up to 20% and above gains in the last 24 hours.  Most Trending Cryptocurrencies on Polygon Also, Smog is gradually coming, thanks to the ongoing airdrop. It kicked into a price consolidation trend after the widespread pessimism in the crypto market. However, the ongoing meme coin season and the SMOG airdrop have resulted in a recovery trend for the token. This article briefly analyzes its price action and suggests how investors can maximize its uptrend.  1. Klima DAO (KLIMA) With its am
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6 Best Altcoins to Invest in Now May 14 – Jito, Akash Network, Unus Sed Leo, Jupiter

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The cryptocurrency market is still bumpy after the Bitcoin halving, with some coins struggling to bounce back. Bitcoin (BTC) is inching closer to $60,000, hoping to find support for its next big move. Investors need to stay alert during this consolidation phase as it could be a chance to catch a ride on a rising trend. Institutional investors are now paying more attention to interoperability and  tokenizing real-world assets . Prices of these assets are climbing, even before the market  fully  takes off. The objective is to identify the best alt coins investors can invest in.  6 Best Altcoin to Invest in Now  Chiliz is experiencing an upward trend in the short term, trading over 550% above its launch price. The token  also  trades 10% higher than the 30-day value at $0.1148. Meanwhile, AKT’s impressive 9% surge in seven days signals a distinct shift in investor sentiment toward the token Furthermore, Solana’s recent blockchain ventures are gaining notice. Among them is Mega Dice
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