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Showing posts from April, 2024

Avalanche Integrates With Stripe, Making It Easier To Add Funds To Core Wallet And Buy Crypto

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Avalanche has integrated with fintech giant Stripe to make it easier for consumers to add funds to the ecosystem’s native Core wallet. By integrating with Stripe’s onramp, “users have more ways to purchase assets on the Avalanche blockchain,” the company said in a statement . Core users are now able to add funds to their wallets using “ACH, debit, and credit cards,” Avalanche added. Investors Can Purchase AVAX Without An Exchange Platform Stripe’s fiat-to-crypto onramp widget has been embedded into Avalanche’s decentralized applications (dApps) as well, the statement said. Customers in the US can therefore easily interact with decentralized exchanges, NFT platforms and other Web3 wallets on the network. Avalanche’s connection with Stripe means that Core users are also able to purchase AVAX without the need for an exchange platform to facilitate the transaction. Stripe's expansion into crypto continues, today integrating Avalanche & Core to provide easier access to Web3

Is It Too Late To Buy Pepe? PEPE Price Pumps 5% And This Solana GambleFi Token Might Be The Best Crypto To Invest In 2024

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The Pepe price has soared 5% in the past 24 hours to trade for $0.00000724 as of 03:55 a.m. EST on trading volume that dropped15%. PEPE is leading the meme coin sector, with other large-sized market capitalization memecoins like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI) barely keeping up. Solana-based meme coins like Dogwifhat (WIF) and Bonk Inu (BONK) are still bleeding. Top meme coins Crypto analyst and trader Murad, @MustStopMurad on X, says PEPE could flip both SHIB and DOGE to become the largest meme coin by market capitalization. I think it is possible that $PEPE flips $SHIB and possibly even $DOGE.$PEPE is a cult community with 10,000,000+ unique memes that is perpetually relevant to modern culture, while $DOGE is literally just a single pic and $SHIB has zero memes to speak of. — Murad (@MustStopMurad) April 23, 2024 Murad say PEPE has a cult-like following, unlike DOGE, which is “literally just a single pic,” while SHIB “has zero memes to speak of.” I

Hong Kong Spot Bitcoin ETF Officially Begins Trading

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The highly anticipated Hong Kong Spot Bitcoin ETF has officially begun trading today. Indeed, the investment vehicle had been approved to launch on April 30th, with the highly anticipated BTC offering officially going live. Now, all eyes are on how the product could greatly impact mainland China’s cryptocurrency sector. The product approval was granted earlier this month. Moreover, the product is set to debut in the same year as the United States inaugural Spot Bitcoin ETFs. Trading will begin with three Chinese firms, China Asset Management, Bosera Asset Management, and Harvest Global Investment launching the offering. Also Read: Hong Kong Bitcoin & Ethereum ETFs to Begin Trading April 30th Hong Kong Spot Bitcoin ETF Trading Begins 2024 has proven to be the year of Bitcion thus far. In March, the cryptocurrency ascended to an all-time high mark, with its value eclipsing $73,000. Although corrections have taken place since then, the digital asset has never been as re

SEC Has Been Investigating Ethereum (ETH) Since March 2023

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Amid the ongoing regulatory question regarding the sec ond largest cryptocurrency, new court filings reveal that the US Securities and Exchange Commission (SEC) has been investigating Ethereum since 2023. Indeed, the filings show that chairman Gary Gensler and the agency have been seeking to challenge the asset’s sec urity status for a year. Ethereum software firm Consensys filed a lawsuit against the SEC last week. However, they paint an interesting picture of how the agency has viewed the cryptocurrency. Specifically, they note that it has been building a case against the asset since early 2023. Conversely, development is vital as the agency is facing a plethora of Spot Ethereum ETF applications. JUST IN: SEC has been investigating Ethereum since March 2023, new court filing reveals. — Watcher.Guru (@WatcherGuru) April 29, 2024 Also Read: Ethereum May Price Prediction: Can ETH Hit $4,000? SEC Has Been Seeking to Challenge ETH Security Status Since 2023 The di

Most Altcoins in ‘Historic Position’ to Rally As Traders Realize Heavy Losses Over the Past Month: Santiment

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Analytics firm Santiment says the majority of altcoins look set to ignite rallies after a month-long crypto correction. Santiment says that the ongoing marketwide pullback has driven many altcoin traders to unload their stacks and incur heavy losses. “According to our model, the mid-term gains and losses by average wallets indicate heavy realized losses across most altcoins. Over 85% of assets we track are in a historic opportunity zone when calculating the market value to realized value (MVRV) of wallets’ collective returns over one-month, three-month and six-month cycles.” The MVRV is an on-chain indicator used to assess whether a crypto asset is undervalued or overvalued. With the MVRV hovering at prime opportunity zones across multiple time frames for most altcoins, the analytics firm says that alts may be in a “historic position” to witness rallies. “It may be justified to buy while there is growing fear seeping in from the crowd after all of these market

3 cryptocurrencies to avoid trading in May’s first week

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Finbold encountered three crypto currencies to avoid trading in the first week of May due to significant token unlocks. Unlocking cryptocurrency assets often creates sell-off pressures that can drastically impact its price and investment results. Savvy traders and investors actively consider supply and demand dynamics to make profitable decisions and manage risks. In particular, data from TokenUnlocksApp shows $417.68 million in potential sell-offs for the next seven days from April 27. The top 3 highest unlocks will happen from April 29 to May 3, releasing $271.26 million worth of tokens. Picks for you Japanese Yen at 34-year low, U.S. Dollar climbs on inflation data 1 hour ago ETH price prediction as DTCC lists finance giant's Ethereum spot ETF 2 hours ago Bitcoin volatility incoming: Here's new springboard to watch out for 4 hours ago Vitalik Buterin slams crypto currency mining ‘quite centralized’ 4 hours ago Cliff unlocks the ne

Ripple: $136M in XRP on the Move as Price Rallies 4% This Week

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Ripple whales have come out in full force, with more than $136 million in XRP on the move, however, it has also led to a price increase of more than 4% this week. Indeed, the asset has seen the surge take place over the last seven days according to CoinMarketCap. However, it has not been enough to push the asset beyond the $0.52 mark. According to the crypto tracking platform Whale Alert, an abundant amount of XRP tokens have been moved across exchanges. There has been some speculation that increased selling pressure could take place as the ongoing legal conflict with the US Securities and Exchange Commission (SEC) enters its next phase. Also Read: Ripple (XRP) Forecasted To Surge 70%: Here’s When Ripple Continues to Fight as More than 243 Million XRP Moves Heading into this year, a lot of digital asset market participants had high hopes for Ripple. The asset was poised to conclude its years-long battle with the SEC. Moreover, it had immense potential through its importanc

BRICS: Another Country to Ditch US Dollar & Pay Local Currency

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The BRICS alliance is forming new trade agreements where the usage of local currencies will be prioritized over the US dollar. Developing countries in Asia, Africa, and Latin America are looking to end dependency on the US dollar to strengthen their local currencies and businesses. Non-BRICS countries are also looking to renegotiate trade deals to put their respective local currencies ahead of the US dollar. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: BRICS Expansion Will Change the Global Economy: Expert BRICS: Maldives in Discussion With India To Settle Trade in Local Currency, Not US Dollar Source: Cryptopolitian.com Maldives is in discussion with BRICS member India to settle cross-border transactions in local currencies and not the US dollar. The island nations want to pay their Local Currency , the Maldivian Rufiyaa, for its imports with India. Maldives imports goods worth $780 million to India ever

Bitcoin Bears Risk Losing $7.2 Billion If BTC Price Reaches This Level

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The Bitcoin price continues to fluctuate wildly after crashing from its all-time high price above $73,000. This has triggered a wave of bearish sentiment in the market, causing a large number of crypto traders to go short on the pioneer cryptocurrency. As a result, these bears lose, risking a large amount if the Bitcoin price resumes its bullish rally. Bears Will Lose $7.2 Billion If Bitcoin Reclaims All-Time High In a post shared on X (formerly Twitter), crypto analyst Ash Crypto revealed an interesting trend concerning Bitcoin that has been developing. The screenshot shared shows that a large number of short trades have been placed on BTC, with the expectation that the price could continue to fall. Related Reading: Analyst Singles Out VeChain And XRP For Parabolic Surge, Here Are The Targets Now, so far, these bulls look to be right as Bitcoin has failed to successfully clear $67,000. However, they stand to lose a lot of money if BTC is able to clear

Dogwifhat Price Prediction: WIF Crypto Plunges 13% As This Solana Rival Blasts Past $15M With Less Than Four Days Left To Buy

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The Dogwifhat price has dipped 13% in the past 24 hours to trade for $2.9369 as of 07:33 a.m. EST. It follows the broader trend in the market, as altcoins follow the Bitcoin (BTC) price lower. While most altcoins are dumping, the sentiment is worse among meme coins, with some dropping by double-digits. According to one analyst, @CredibleCrypto on X, the dump in the Dogwifhat price is attributed to interplay between WIF’s trading volume and open interest. The analyst says that the outlook of these metrics hints at a possible crash coming, if history repeats or rhymes. @CredibleCrypto’s target objective is a fall of nearly 50% to $1.50. $WIF has retraced back to the point of breakdown, while OI has risen right back to the levels it was at prior to the last liquidation flush. A move down of the same magnitude as the last (which is certainly possible due to similar levels of OI) puts us at ~$1.50. Would you be… https://t.co/U8vUfk67wr pic.twitter.com/DWAF0ZO5vl — CrediBULL Crypto (

Bitcoin To Send the Whole Crypto Market Flying Once BTC Breaks Out Above This Level, Predicts Top Analyst

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A widely followed crypto analyst is expressing bullish sentiment on Bitcoin (BTC) days after the halving took place. The analyst, pseudonymously known as Bluntz tells his 257,100 followers on the social media platform X that Bitcoin is preparing to break out according to price action on the two-hour chart. Based on the pseudonymous analyst’s chart, Bitcoin appears to form a symmetrical triangle on the two-hour chart. Symmetrical triangle patterns can either be bullish or bearish – bullish if the price breaks out above the upper trend line and bearish if the price breaks down below the lower trend line. According to the pseudonymous analyst, once Bitcoin overcomes the $67,000 resistance level, “I think the whole market flies”. Source: Bluntz_Capital/X Bitcoin is trading at $66,455 at time of writing. Bluntz also analyzes the Solana-based memecoin dogwifhat (WIF). According to Bluntz, WIF is on the cusp of a breakout after forming an ascending triangle for a per

Market Alert: Ethereum Faces Potential Downfall As Dencun Upgrade Looms – Here’s Why

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Ethereum (ETH) is poised for a notable improvement with the impending Dencun upgrade to enhance the network’s scalability. However, amidst this anticipation, QCP Capital, a seasoned crypto asset trading firm, has shed light on an emerging trend that might influence Ethereum’s price trajectory. The firm’s Analysis reveals a shift in “risk reversals” for Ethereum, turning negative for upcoming expiries. This shift indicates growing concerns among investors about a potential decrease in ETH’s price, as a negative risk reversal often suggests a market leaning towards protective measures against a downturn. Related Reading: These Are The Ethereum Altcoins Witnessing High Whale Interest Market Leverage And Correction Concerns Notably, this trend towards negative risk reversals has been attributed to an increased interest in put options, which serve as a hedge against potential losses for those speculating on price increases.

Cat In A Dogs World Price Prediction: MEW Skyrockets 31%, But Traders Turn To This Solana Airdrop Giant

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The Cat in a Dogs World price has exploded 31% in the past 24 hours to trade for $0.006526 as of 07:01 a.m. EST. MEW is second only to BONK among meme coins gainers and is the largest cat-themed meme token by market capitalization. Sorted by mcap: 570M – Cat in a dogs world $MEW @MewsWorld 460M – Popcat $POPCAT @POPCATSOLANA 280M – Mog Coin $MOG @MogCoinEth 172M – Wen $WEN @wenwencoin 101M – Nubcat $NUB @sillynubcat 65M – Shark Cat $SC @SharkCatSolana 28M – Michi $michi @michionsolana 12M – Ansem's… https://t.co/7lvV9Eahd3 — caffeine (@caffeinandiq) April 24, 2024 The token is trending alongside POPCAT, SPECTRE, CTX, BNX, and HBAR, which is at the center of the latest controversy in the Hedera ecosystem. The same controversy saw the HBAR price explode 96% before a 25% correction. Today's Gainers:#SPECTRE – SPECTRE AI gained 33.5%#HBAR – Hedera gained 30.7%#BNX – BinaryX gained 30.4%#MEW – cat in a dogs world gained 30.3%#POPCAT – Popcat gained 26.5%#CTX – Cryptex Finan