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Bitcoin price: Here’s why QCP Capital expects BTC run to 74k Bitcoin price surged past the $66,000 mark on Thursday to hit highs last seen in April amid a fresh dose of bullish sentiment. BTC price reached $66,699 on US-based crypto exchange Coinbase, extending gains seen when markets soared on softer-than-expected US inflation data released on Wednesday. Bitcoin price outlook: QCP Capital says bulls can reclaim the ATH According to analysts at QCP Capital, the bullish momentum currently surrounding Bitcoin could see prices run to highs of $74,000. The market reaction to the US Consumer Prices Index (CPI) data release, as well as the broader traction for spot Bitcoin ETFs, are potential catalysts. The analysts also pointed to the increased institutional demand for the flagship cryptocurrency. The last few days have seen large asset managers file their 13Fs, disclosing huge positions in spot Bitcoin ETFs. For instance, Susquehanna, Morgan Stanley and the State of Wisconsin Investment Board have disclosed huge holdings of BTC ETFs. Asset managers Millennium and Schonfeld have invested roughly 3% and 2% of their assets under management (AUM) respectively into spot Bitcoin ETFs. At the time of writing, the benchmark cryptocurrency was up more than 5% in 24 hours, with trading volume at over $37.8 billion and showcasing a 24-hour increase of 93%. BTC price reached its all-time high of $73,737 on March 14. #BTC☀️ #BinanceLaunchpool #ETFvsBTC $BTC
Bitcoin price: Here’s why QCP Capital expects BTC run to 74k

Bitcoin price surged past the $66,000 mark on Thursday to hit highs last seen in April amid a fresh dose of bullish sentiment.
BTC price reached $66,699 on US-based crypto exchange Coinbase, extending gains seen when markets soared on softer-than-expected US inflation data released on Wednesday.

Bitcoin price outlook: QCP Capital says bulls can reclaim the ATH
According to analysts at QCP Capital, the bullish momentum currently surrounding Bitcoin could see prices run to highs of $74,000.
The market reaction to the US Consumer Prices Index (CPI) data release, as well as the broader traction for spot Bitcoin ETFs, are potential catalysts.

The analysts also pointed to the increased institutional demand for the flagship cryptocurrency. The last few days have seen large asset managers file their 13Fs, disclosing huge positions in spot Bitcoin ETFs.
For instance, Susquehanna, Morgan Stanley and the State of Wisconsin Investment Board have disclosed huge holdings of BTC ETFs. Asset managers Millennium and Schonfeld have invested roughly 3% and 2% of their assets under management (AUM) respectively into spot Bitcoin ETFs.
At the time of writing, the benchmark cryptocurrency was up more than 5% in 24 hours, with trading volume at over $37.8 billion and showcasing a 24-hour increase of 93%.
BTC price reached its all-time high of $73,737 on March 14.
#BTC☀️ #BinanceLaunchpool #ETFvsBTC $BTC
Wall Street Pepe Surges 1000x Overnight and Experts Predict This is the Next Coin to Watch Roaring Kitty is back, igniting excitement across the meme coin markets. Wall Street Pepe was leading the pack but in a dramatic collapse, the price has now crashed. This article will provide an analysis of WSP’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more compelling investment opportunity at this time. Wall Street Pepe’s dramatic rise has been fuelled by the spill-over from Roaring Kitty’s return, and has been egged on by a community sharing ‘Wolf of Wall Street’ inspired Pepe memes. As price action slams down into true capitulation, Wall Street Pepe is currently trading at a market price of $0.0001315 (representing a 24-hour change of -98.85%). This comes after WSP price shocked retail markets Yesterday, mounting an incredible +14,400% rally to hit an all-time high at $0.01875. However, despite efforts by holders to consolidate these major gains above higher support at $0.01255, all was too good to be true – with a major dump engulfing the chart around 21:45PM UTC. #PEPEATH #Memecoins #PepeIsReadyForTheBullRun $PEPE
Wall Street Pepe Surges 1000x Overnight and Experts Predict This is the Next Coin to Watch

Roaring Kitty is back, igniting excitement across the meme coin markets. Wall Street Pepe was leading the pack but in a dramatic collapse, the price has now crashed.
This article will provide an analysis of WSP’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more compelling investment opportunity at this time.
Wall Street Pepe’s dramatic rise has been fuelled by the spill-over from Roaring Kitty’s return, and has been egged on by a community sharing ‘Wolf of Wall Street’ inspired Pepe memes.

As price action slams down into true capitulation, Wall Street Pepe is currently trading at a market price of $0.0001315 (representing a 24-hour change of -98.85%).
This comes after WSP price shocked retail markets Yesterday, mounting an incredible +14,400% rally to hit an all-time high at $0.01875.
However, despite efforts by holders to consolidate these major gains above higher support at $0.01255, all was too good to be true – with a major dump engulfing the chart around 21:45PM UTC.
#PEPEATH #Memecoins #PepeIsReadyForTheBullRun $PEPE
With new CEO, will Vanguard reconsider its spot Bitcoin ETF stance? The spot Bitcoin ETF ecosystem may soon get a new mega backer in Vanguard. Though speculative, the $7.7 trillion investment management company might chart a new era, seeing as it just named a new chief executive officer (CEO), Salim Ramji. Ramji is set to replace Tim Buckley, the leader who resisted the urge to embrace Bitcoin ETFs. Salim has quite a pedigree, and he joins Vanguard from BlackRock, where his last role involved overseeing the launch of BlackRock’s iShares Bitcoin Trust (IBIT). On several occasions, Salim Ramji was caught expressing his perception of Bitcoin and the need to embrace new technologies on all fronts. Major financial giants in the country and abroad are joining the Bitcoin ETF bandwagon. Besides BlackRock, top banks like Morgan Stanley and UBS have unveiled their exposure to the asset class. Besides these two, top trading firm Susquehanna International Group has also revealed that it holds up to $1 billion spread across several spot Bitcoin ETF issuers. #BlackRock #ETHETFS #ETFvsBTC #BTC🔥🔥🔥🔥🔥
With new CEO, will Vanguard reconsider its spot Bitcoin ETF stance?

The spot Bitcoin ETF ecosystem may soon get a new mega backer in Vanguard. Though speculative, the $7.7 trillion investment management company might chart a new era, seeing as it just named a new chief executive officer (CEO), Salim Ramji. Ramji is set to replace Tim Buckley, the leader who resisted the urge to embrace Bitcoin ETFs.
Salim has quite a pedigree, and he joins Vanguard from BlackRock, where his last role involved overseeing the launch of BlackRock’s iShares Bitcoin Trust (IBIT). On several occasions, Salim Ramji was caught expressing his perception of Bitcoin and the need to embrace new technologies on all fronts.
Major financial giants in the country and abroad are joining the Bitcoin ETF bandwagon. Besides BlackRock, top banks like Morgan Stanley and UBS have unveiled their exposure to the asset class. Besides these two, top trading firm Susquehanna International Group has also revealed that it holds up to $1 billion spread across several spot Bitcoin ETF issuers.
#BlackRock #ETHETFS #ETFvsBTC #BTC🔥🔥🔥🔥🔥
Is the meme coin mania back to crypto? Meme coins are trending in the cryptocurrency market after a month of low activity. Renewed interest surged when the famous meme trader Keith Gill returned to social platforms on May 13. Gill, known as Roaring Kitty, inspired the GameStop (NYSE: GME) short squeeze in 2021 and a following Dogecoin (DOGE) pump. Data from Santiment’s SanBase Pro, Vinicius Barbosa, for Finbold on May 14 shows a recent meme coin trend taking shape. In particular, PEPE leads the charge among today’s trending coins, followed by FLOKI, DOGE, Shiba Inu (SHIB), and dogwifhat (WIF). Roaring Kitty’s return: GameStop and meme coin mania Roaring Kitty, a pseudonymous for Keith Gill, reactivated his X (formerly Twitter) account after three years of idle. Sided with its last post from June 18, 2021, the account’s timeline shows the meme of a ‘gamer’ taking an active position to start playing on May 12. Since then, Roaring Kitty has continued posting a series of mysterious videos, which cryptocurrency and stock traders are eagerly trying to decode in an attempt to identify the next meme coin pump—similar to what happened in 2021 after the event with GameStop. #Memecoins #DogecoinDay #pepepumping #WIF🔥🔥 #SHİB
Is the meme coin mania back to crypto?

Meme coins are trending in the cryptocurrency market after a month of low activity. Renewed interest surged when the famous meme trader Keith Gill returned to social platforms on May 13. Gill, known as Roaring Kitty, inspired the GameStop (NYSE: GME) short squeeze in 2021 and a following Dogecoin (DOGE) pump.
Data from Santiment’s SanBase Pro, Vinicius Barbosa, for Finbold on May 14 shows a recent meme coin trend taking shape. In particular, PEPE leads the charge among today’s trending coins, followed by FLOKI, DOGE, Shiba Inu (SHIB), and dogwifhat (WIF).
Roaring Kitty’s return: GameStop and meme coin mania
Roaring Kitty, a pseudonymous for Keith Gill, reactivated his X (formerly Twitter) account after three years of idle. Sided with its last post from June 18, 2021, the account’s timeline shows the meme of a ‘gamer’ taking an active position to start playing on May 12.
Since then, Roaring Kitty has continued posting a series of mysterious videos, which cryptocurrency and stock traders are eagerly trying to decode in an attempt to identify the next meme coin pump—similar to what happened in 2021 after the event with GameStop.
#Memecoins #DogecoinDay #pepepumping #WIF🔥🔥 #SHİB
What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens Notcoin began as a viral Telegram game created by Open Builders, designed to introduce users to the world of Web3 through an engaging tap-to-earn mining mechanic. The game quickly amassed a massive user base, with over 35 million total players and a peak of six million daily active users. This made Notcoin one of the most popular crypto games, significantly larger than most of its competitors. Notcoin’s transition from a game to a cryptocurrency project is marked by the launch of the $NOT token. The token will go live on The Open Network (TON), the blockchain network originally founded by Telegram. The total supply of $NOT is 102,719,221,714, with 100% of the tokens being distributed. Binance, one of the leading cryptocurrency exchanges, has announced that Notcoin will be the 54th project on Binance Launchpool. Users can stake their BNB and FDUSD to farm NOT tokens over a three-day period, starting from May 13 #BinanceLaunchpool #altcoins #NOTLAUNCHPOOL #BNB⁩
What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens

Notcoin began as a viral Telegram game created by Open Builders, designed to introduce users to the world of Web3 through an engaging tap-to-earn mining mechanic.
The game quickly amassed a massive user base, with over 35 million total players and a peak of six million daily active users.
This made Notcoin one of the most popular crypto games, significantly larger than most of its competitors.
Notcoin’s transition from a game to a cryptocurrency project is marked by the launch of the $NOT token. The token will go live on The Open Network (TON), the blockchain network originally founded by Telegram.
The total supply of $NOT is 102,719,221,714, with 100% of the tokens being distributed.
Binance, one of the leading cryptocurrency exchanges, has announced that Notcoin will be the 54th project on Binance Launchpool. Users can stake their BNB and FDUSD to farm NOT tokens over a three-day period, starting from May 13
#BinanceLaunchpool #altcoins #NOTLAUNCHPOOL #BNB⁩
Popular Meme Coin Pepe Reaches All Time High In Today's Market, While big Cryptocurrencies like Bitcoin and Ethereum are going up and down in Price, Meme coins are seeking attention from everyone, Especially Investors looking for something different to Invest in. That's where Pepe (PEPE), a Popular Meme Coin, comes in Crypto Market. In just the last 24 hours, its Price Shot up by More than 19%, Reaching a brand New Record High. To put this into perspective, right now, Pepe's Price is almost 18,380.81% higher than its lowest point back in April 2023. That's a massive jump! This Incredible Performance has made Pepe stand out as the Top-Performing Meme Coin in the Crypto Market. In fact, it's currently ranked as the 24th largest cryptocurrency based on its total market value. Pepe's Price Increased due to Whale Investor The price of Pepe Coin has seen a Notable Increase, along with a significant rise in Trading Volume. In the past 24 hours, Pepe's trading volume has reached $2.76 billion, which is 279% higher than the previous day. This Surge Reflects the Increasing Investor Interest and Market Activity in the Meme Coin. The Current Price is significantly higher by 18,380.81% from the All-Time Low of $0.00000005514 Recorded on April 18, 2023. Recently, a Prominent Investor known as Pepe Whale took significant steps by depositing 250 billion PEPE tokens valued at $2.67 Million on the Cryptocurrency Exchange Binance. Initially Investing just $1,000, the Whale has now Gained a Profit of $3.6 Million. Additionally, a few weeks ago, Market maker Amber Group acquired 110 billion PEPE from Binance. Another Whale also Purchased 211.6 billion PEPE, drawing attention to the Token and driving its Prices up. Personally, I would really like to combine these two information fields about PEPE & Whitechain. USD Coin ($USDC) has landed on the Whitechain network on WhiteBIT! #Memecoins #pepepumping #altcoins #USDC $USDC $PEPE
Popular Meme Coin Pepe Reaches All Time High

In Today's Market, While big Cryptocurrencies like Bitcoin and Ethereum are going up and down in Price, Meme coins are seeking attention from everyone, Especially Investors looking for something different to Invest in. That's where Pepe (PEPE), a Popular Meme Coin, comes in Crypto Market. In just the last 24 hours, its Price Shot up by More than 19%, Reaching a brand New Record High. To put this into perspective, right now, Pepe's Price is almost 18,380.81% higher than its lowest point back in April 2023. That's a massive jump! This Incredible Performance has made Pepe stand out as the Top-Performing Meme Coin in the Crypto Market. In fact, it's currently ranked as the 24th largest cryptocurrency based on its total market value.

Pepe's Price Increased due to Whale Investor
The price of Pepe Coin has seen a Notable Increase, along with a significant rise in Trading Volume. In the past 24 hours, Pepe's trading volume has reached $2.76 billion, which is 279% higher than the previous day. This Surge Reflects the Increasing Investor Interest and Market Activity in the Meme Coin. The Current Price is significantly higher by 18,380.81% from the All-Time Low of $0.00000005514 Recorded on April 18, 2023. Recently, a Prominent Investor known as Pepe Whale took significant steps by depositing 250 billion PEPE tokens valued at $2.67 Million on the Cryptocurrency Exchange Binance. Initially Investing just $1,000, the Whale has now Gained a Profit of $3.6 Million.
Additionally, a few weeks ago, Market maker Amber Group acquired 110 billion PEPE from Binance. Another Whale also Purchased 211.6 billion PEPE, drawing attention to the Token and driving its Prices up.
Personally, I would really like to combine these two information fields about PEPE & Whitechain.
USD Coin ($USDC ) has landed on the Whitechain network on WhiteBIT!
#Memecoins #pepepumping #altcoins #USDC $USDC $PEPE
Can PEPE 100x From Here? PEPE has hit a new all-time high in the past couple of hours, with the Pepe Coin price currently sitting at $0.00001039 and enjoying a 19% gain today. And with PEPE also up by 440% in a year, it has strong enough momentum to continue rising for the foreseeable future. It could potentially continue breaking its current ATH over the next few days, particularly if Roaring Kitty’s return does instigate a big bull run for meme tokens. As the tweet below shows, PEPE has seen big purchases during its current run, which is encouraging insofar as you’d expect the whales concerned to hold onto the token for a little while longer at least. Also positive is the aforementioned return of Keith Gill, who under the alias Roaring Kitty led the infamous 2021 GameStop rally and helped spearhead the whole meme-stocks movement. His return may indicate a renewed impetus for that movement, something that could help meme tokens such as PEPE continue to climb to new heights. Also, with PEPE reaching a new all-time high today, traders should also be wary that it may correct a little before it rises again. As such, they may prefer to hold off from buying PEPE today and wait for a dip, since the coin has actually declined by 3% in the past hour. Yet once this minor correction has ended, the Pepe Coin price could reach $0.000011 or $0.000012 in the next week or so. #Memecoins #altcoins #pepepumping #PepeIsReadyForTheBullRun $PEPE
Can PEPE 100x From Here?

PEPE has hit a new all-time high in the past couple of hours, with the Pepe Coin price currently sitting at $0.00001039 and enjoying a 19% gain today.
And with PEPE also up by 440% in a year, it has strong enough momentum to continue rising for the foreseeable future.
It could potentially continue breaking its current ATH over the next few days, particularly if Roaring Kitty’s return does instigate a big bull run for meme tokens.
As the tweet below shows, PEPE has seen big purchases during its current run, which is encouraging insofar as you’d expect the whales concerned to hold onto the token for a little while longer at least.

Also positive is the aforementioned return of Keith Gill, who under the alias Roaring Kitty led the infamous 2021 GameStop rally and helped spearhead the whole meme-stocks movement.
His return may indicate a renewed impetus for that movement, something that could help meme tokens such as PEPE continue to climb to new heights.
Also, with PEPE reaching a new all-time high today, traders should also be wary that it may correct a little before it rises again.
As such, they may prefer to hold off from buying PEPE today and wait for a dip, since the coin has actually declined by 3% in the past hour.
Yet once this minor correction has ended, the Pepe Coin price could reach $0.000011 or $0.000012 in the next week or so.
#Memecoins #altcoins #pepepumping #PepeIsReadyForTheBullRun $PEPE
we all need a little break, but I returned to you with a huge charge of strength and energy!
we all need a little break, but I returned to you with a huge charge of strength and energy!
New Memecoin Solana Doggy (SOLDOGGY) to Rally Over 6,000%, as Shiba Inu and Dogecoin Lag The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. Solana Doggy (SOLDOGGY), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE). Early investors in SHIB and DOGE made astronomical returns, and Solana Doggy presents a similar opportunity. Solana Doggy has a market cap around $13,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours. The exciting memecoin is poised to rally 6,000% in the coming two days, and Solana Doggy could potentially reach a multi-million dollar market cap within a few weeks. Currently, Solana Doggy can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SOLDOGGY. #altcoins #Memecoins #SHİB $WIF $SHIB #SolanaInvesting
New Memecoin Solana Doggy (SOLDOGGY) to Rally Over 6,000%, as Shiba Inu and Dogecoin Lag

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
Solana Doggy (SOLDOGGY), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Solana Doggy presents a similar opportunity.
Solana Doggy has a market cap around $13,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,000% in the coming two days, and Solana Doggy could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Solana Doggy can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SOLDOGGY.
#altcoins #Memecoins #SHİB $WIF $SHIB #SolanaInvesting
Shiba Inu Lead Shytoshi Kusama Shares Epic Mysterious Teaser Shiba Inu (SHIB) enthusiasts are on edge of their seats as lead figure Shytoshi Kusama drops enigmatic new teaser In a move that has set the Shiba Inu (SHIB) community ablaze with speculation, the enigmatic figure known as Shytoshi Kusama, lead of the popular cryptocurrency, has dropped a cryptic teaser on social media. Kusama's latest post features a gif with the word "Evita," a Spanish variant of the name Eva, meaning "life" or "living one," according to various dictionaries. Adding fuel to the fire, Kaal Dhairya, a key developer in the Shiba Inu ecosystem, also shared a similar post with the same word. The SHIB community is now buzzing with theories and conjectures, ranging from the possibility of a new partnership to the introduction of a new token alongside SHIB, BONE, LEASH and TREAT. While the true meaning behind Kusama's teaser remains elusive, this is not the first time the SHIB lead has teased the community with cryptic messages. Given his track record, it is unlikely that the answer will remain a mystery for long. Some speculate that the teaser may be related to the recent hard fork of Shibarium, the layer-2 blockchain solution from Shiba Inu. The upgrade, aimed at delivering faster transactions and more predictable gas fees, marks a significant milestone for the SHIB ecosystem. Last month, the Shiba Inu team emphasized the necessity of the hard fork to unlock next-level capabilities and improve usability and performance. As the SHIB community eagerly awaits further developments, with every new clue, speculation grows and the anticipation mounts. Stay tuned as the SHIB saga continues to unfold, one cryptic teaser at a time. #SHİB #Shibalnu #Memecoins $SHIB
Shiba Inu Lead Shytoshi Kusama Shares Epic Mysterious Teaser

Shiba Inu (SHIB) enthusiasts are on edge of their seats as lead figure Shytoshi Kusama drops enigmatic new teaser
In a move that has set the Shiba Inu (SHIB) community ablaze with speculation, the enigmatic figure known as Shytoshi Kusama, lead of the popular cryptocurrency, has dropped a cryptic teaser on social media. Kusama's latest post features a gif with the word "Evita," a Spanish variant of the name Eva, meaning "life" or "living one," according to various dictionaries.
Adding fuel to the fire, Kaal Dhairya, a key developer in the Shiba Inu ecosystem, also shared a similar post with the same word. The SHIB community is now buzzing with theories and conjectures, ranging from the possibility of a new partnership to the introduction of a new token alongside SHIB, BONE, LEASH and TREAT.
While the true meaning behind Kusama's teaser remains elusive, this is not the first time the SHIB lead has teased the community with cryptic messages. Given his track record, it is unlikely that the answer will remain a mystery for long.
Some speculate that the teaser may be related to the recent hard fork of Shibarium, the layer-2 blockchain solution from Shiba Inu. The upgrade, aimed at delivering faster transactions and more predictable gas fees, marks a significant milestone for the SHIB ecosystem. Last month, the Shiba Inu team emphasized the necessity of the hard fork to unlock next-level capabilities and improve usability and performance.
As the SHIB community eagerly awaits further developments, with every new clue, speculation grows and the anticipation mounts. Stay tuned as the SHIB saga continues to unfold, one cryptic teaser at a time.
#SHİB #Shibalnu #Memecoins $SHIB
Santiment Announces RWA Tokens That Developers Are Focusing on Most: This Popular Altcoin Made a Big Difference! RWA altcoins, which have been one of the most talked about topics in the market recently, have also become very popular among investors and developers. At this point, cryptocurrency analysis platform Santiment listed the altcoins that developers focused on the most in the last 30 days. Accordingly, Chainlik (LINK) ranked first on the list, followed by Synethetix (SNX) and Centrifuge (CFG). According to the list shared by Santiment, the RWA altcoins with the highest developer activity in the last 30 days are listed as follows: “Chainlink has outperformed other altcoins and currently generates 2.49 times more daily activity than Synthetix, the next most active project in the RWA sector. 1 -Chainlink – LINK 2 – Synthetix – SNX 3 – Centrifuge – CFG 4 – Dusk Foundation – DUSK 5 – Oraichain – ORAI 6 – Creditcoin -CTC 7 – Ixswap – IXS 8 – Maker DAO – MKR 9 – Polymesh Network – POLYX 10 – Reserve Protocol – RSR” Real World Assets (RWA) refer to a class of cryptocurrencies that represent tangible assets that exist outside of the digital environment. These can range from bonds to real estate, commodities and machinery. RWAs enable these assets to find a place in the Decentralized Finance (DeFi) ecosystem, increasing the availability of these often inaccessible financial instruments. *This is not investment advice. #ai #altcoins #BTC #bitcoinhalving #MicroStrategy
Santiment Announces RWA Tokens That Developers Are Focusing on Most: This Popular Altcoin Made a Big Difference!

RWA altcoins, which have been one of the most talked about topics in the market recently, have also become very popular among investors and developers.
At this point, cryptocurrency analysis platform Santiment listed the altcoins that developers focused on the most in the last 30 days.
Accordingly, Chainlik (LINK) ranked first on the list, followed by Synethetix (SNX) and Centrifuge (CFG).
According to the list shared by Santiment, the RWA altcoins with the highest developer activity in the last 30 days are listed as follows:
“Chainlink has outperformed other altcoins and currently generates 2.49 times more daily activity than Synthetix, the next most active project in the RWA sector.

1 -Chainlink – LINK 2 – Synthetix – SNX 3 – Centrifuge – CFG 4 – Dusk Foundation – DUSK 5 – Oraichain – ORAI 6 – Creditcoin -CTC 7 – Ixswap – IXS 8 – Maker DAO – MKR 9 – Polymesh Network – POLYX 10 – Reserve Protocol – RSR”

Real World Assets (RWA) refer to a class of cryptocurrencies that represent tangible assets that exist outside of the digital environment. These can range from bonds to real estate, commodities and machinery. RWAs enable these assets to find a place in the Decentralized Finance (DeFi) ecosystem, increasing the availability of these often inaccessible financial instruments.

*This is not investment advice.
#ai #altcoins #BTC #bitcoinhalving #MicroStrategy
US Government Now Holds $13.82B Worth of Bitcoin Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings. According to data from the blockchain intelligence firm Arkham, the US government’s Bitcoin (BTC) holdings have reached a total of 216.788, worth approximately $13.83 billion. The company, focused on deanonymizing entities within the crypto space, said the increase stems from recent developments, particularly the seizure of assets from Banmeet Singh, an Indian national involved in illegal activities on the dark web. Singh, who pleaded guilty to d distribution charges in January this year, forfeited approximately $150 million in proceeds from his illicit operations. Additionally, authorities confiscated 3940 BTC belonging to the offender. The assets are currently valued at around  $250 million. US Bitcoin Seizures The recent seizure significantly contributed to the government’s Bitcoin reserves, which now total $13.8 billion. Arkham said a substantial portion of these assets may have been acquired through criminal seizures. Before the recent addition, the US government’s Bitcoin holdings stood at approximately $8 billion. As of October 2023, the country held around $5.3 billion worth of Bitcoin. According to separate data from blockchain analytics firm Dune, the government has confiscated around 200,000 tokens from cybercriminals since 2020. The country’s top three Bitcoin seizures from November 2020 until now include the infamous Silk Road seizures totaling 69,369 BTC, the January 2022 Bitfinex Hack Seizure of 94,643 BTC, and the March 2022 James Zhong Seizure of 51,326 BTC. #BTC #bitcoinhalving #altcoins
US Government Now Holds $13.82B Worth of Bitcoin

Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.
According to data from the blockchain intelligence firm Arkham, the US government’s Bitcoin (BTC) holdings have reached a total of 216.788, worth approximately $13.83 billion. The company, focused on deanonymizing entities within the crypto space, said the increase stems from recent developments, particularly the seizure of assets from Banmeet Singh, an Indian national involved in illegal activities on the dark web.
Singh, who pleaded guilty to d distribution charges in January this year, forfeited approximately $150 million in proceeds from his illicit operations. Additionally, authorities confiscated 3940 BTC belonging to the offender. The assets are currently valued at around  $250 million.

US Bitcoin Seizures
The recent seizure significantly contributed to the government’s Bitcoin reserves, which now total $13.8 billion. Arkham said a substantial portion of these assets may have been acquired through criminal seizures.
Before the recent addition, the US government’s Bitcoin holdings stood at approximately $8 billion. As of October 2023, the country held around $5.3 billion worth of Bitcoin.
According to separate data from blockchain analytics firm Dune, the government has confiscated around 200,000 tokens from cybercriminals since 2020.
The country’s top three Bitcoin seizures from November 2020 until now include the infamous Silk Road seizures totaling 69,369 BTC, the January 2022 Bitfinex Hack Seizure of 94,643 BTC, and the March 2022 James Zhong Seizure of 51,326 BTC.
#BTC #bitcoinhalving #altcoins
Major Dogecoin Wallet Shut Down Sparks Community Outrage Dogechain, a major noncustodial wallet powering the Dogecoin (DOGE) ecosystem, is shutting down. Surprisingly, many members of the Doge army are not aware of a scenario that has pushed an X user and Dogecoin proponent to speak out. While the Dogechain wallet has a strong legacy in the broader digital currency ecosystem, the regulatory terrain in the United States has forced many innovators to rethink their stance lately. Dogechain is not the first of the wallets to announce a shutdown.  Legacy Bitcoin-privacy wallet Wasabi also revealed earlier this week that it is ceasing operations. The decisions appear to stem from fears emanating from the arrest and charges brought by Samourai Founders for money laundering. From Tornado Cash to Samourai, the tolerance of U.S. regulators for privacy-centered outfits remains low. The Dogecoin community is currently frustrated as the exit of Dogechain implies the number of native DOGE-dedicated wallets has fallen. Dogecoin influence not waning Despite the current outlook on the market and regulatory consideration, the influence of Dogecoin is not fading. Dogecoin Founder Billy Markus remains one of the top market voices with takes on the current trend. Dogecoin might be losing its grip with Dogechain's closure, but the coin may gain full integration on Elon Musk’s payment app. Though speculative, this anticipation has triggered renewed optimism that the utility of the dog-themed meme coin will soar soon. Dogechain's exit is not negatively impacting the price of DOGE yet. It is up 0.7% in the past 24 hours to $0.1328, per data from CoinMarketCap. The coin’s trading volume is down 36% to $1,110,810,641. #altcoins #CryptoWatchMay2024 #DogecoinDay $DOGE
Major Dogecoin Wallet Shut Down Sparks Community Outrage

Dogechain, a major noncustodial wallet powering the Dogecoin (DOGE) ecosystem, is shutting down. Surprisingly, many members of the Doge army are not aware of a scenario that has pushed an X user and Dogecoin proponent to speak out.
While the Dogechain wallet has a strong legacy in the broader digital currency ecosystem, the regulatory terrain in the United States has forced many innovators to rethink their stance lately. Dogechain is not the first of the wallets to announce a shutdown.  Legacy Bitcoin-privacy wallet Wasabi also revealed earlier this week that it is ceasing operations. The decisions appear to stem from fears emanating from the arrest and charges brought by Samourai Founders for money laundering. From Tornado Cash to Samourai, the tolerance of U.S. regulators for privacy-centered outfits remains low.
The Dogecoin community is currently frustrated as the exit of Dogechain implies the number of native DOGE-dedicated wallets has fallen. Dogecoin influence not waning Despite the current outlook on the market and regulatory consideration, the influence of Dogecoin is not fading. Dogecoin Founder Billy Markus remains one of the top market voices with takes on the current trend.
Dogecoin might be losing its grip with Dogechain's closure, but the coin may gain full integration on Elon Musk’s payment app. Though speculative, this anticipation has triggered renewed optimism that the utility of the dog-themed meme coin will soar soon. Dogechain's exit is not negatively impacting the price of DOGE yet. It is up 0.7% in the past 24 hours to $0.1328, per data from CoinMarketCap. The coin’s trading volume is down 36% to $1,110,810,641.
#altcoins #CryptoWatchMay2024 #DogecoinDay $DOGE
Shibarium Completes Hard Fork Promising Blazing Fast Transactions: Price Impact Shibarium, the layer-2 network from the Shiba Inu (SHIB) ecosystem, successfully completed a significant hard fork on May 2. This update promises to deliver blazing-fast transactions and more predictable gas fees, enhancing user interactions with the network. Is Shiba Inu Poised For a Breakout After the Shibarium Hard Fork? The Shibarium Network announced on X (formerly Twitter) that it completed the hard fork at the block height of 4,504,576. A hard fork in blockchain technology entails a major upgrade that results in the split of the network into two chains. Introduced on April 24, this process introduces fundamental changes incompatible with the previous software version. Consequently, the Shiba Inu development team initiated this ambitious upgrade to unlock advanced capabilities and streamline user engagement on the Shibarium platform. The enhancements from this Shibarium hard fork aim to meet community demands for better usability and performance. As a result, Shibarium aims to be more affordable and accessible, addressing the primary concerns of its growing user base. Moreover, the upgrade serves as a strategic move to foster innovation within the decentralized finance (DeFi) sector. By providing a robust and secure platform, Shibarium wants to be well-positioned to support developers and users eager to explore new possibilities in the crypto space. #altcoins #Shibalnu #Shibarium $SHIB
Shibarium Completes Hard Fork Promising Blazing Fast Transactions: Price Impact

Shibarium, the layer-2 network from the Shiba Inu (SHIB) ecosystem, successfully completed a significant hard fork on May 2.
This update promises to deliver blazing-fast transactions and more predictable gas fees, enhancing user interactions with the network.
Is Shiba Inu Poised For a Breakout After the Shibarium Hard Fork?
The Shibarium Network announced on X (formerly Twitter) that it completed the hard fork at the block height of 4,504,576. A hard fork in blockchain technology entails a major upgrade that results in the split of the network into two chains.
Introduced on April 24, this process introduces fundamental changes incompatible with the previous software version. Consequently, the Shiba Inu development team initiated this ambitious upgrade to unlock advanced capabilities and streamline user engagement on the Shibarium platform.
The enhancements from this Shibarium hard fork aim to meet community demands for better usability and performance. As a result, Shibarium aims to be more affordable and accessible, addressing the primary concerns of its growing user base.
Moreover, the upgrade serves as a strategic move to foster innovation within the decentralized finance (DeFi) sector. By providing a robust and secure platform, Shibarium wants to be well-positioned to support developers and users eager to explore new possibilities in the crypto space.
#altcoins #Shibalnu #Shibarium $SHIB
Why This Hedge Fund Bought Dogwifhat at 1 Cent: ‘It Had a Hat’ After venture capital firm Stratos boasted 300x profits from an investment in Solana meme coin Dogwifhat (WIF), other hedge funds started to consider meme coins as a legitimate investment. So, why did Stratos believe in a Shiba Inu with a hat? The California-based firm invested in WIF in December when it was around $0.01. And it’s still holding onto its stash of WIF, which is now trading for $2.76 according to CoinGecko data. Prior to investing in WIF, Stratos had invested in some of the “blue chip” meme coins—the likes of Dogecoin, PepeCoin, and Shiba Inu. Due to its small team, Stratos says it was able to be quick on its feet when they first got a whiff of WIF. “Normally, you will spend months doing due diligence before you actually make an investment. That obviously doesn’t work for memes,” Rennick Palley, founding partner of Stratos, told Decrypt. “The reason why we designed the fund the way it is, is because we've been in crypto long enough to know how it works.” WIF is the latest dog-based meme coin on the Solana blockchain. It doesn’t pretend to be anything it isn’t, explaining on its website that it’s “literally just a dog wif a hat.” With no utility, the community has turned to guerrilla marketing to boost the tokens value, with the project currently aiming to get its furry mascot plastered on the Las Vegas Sphere. Another interesting project that I would like to talk about. Ready to Fight the 1st blockchain boxing ecosystem aiming at the $10B boxing market and bridging 2B boxers & fans worldwide. They are dropping rewards to pioneers, participants and promoters as they get ready for their @WhiteBit listing. #BullorBear #WIF🔥🔥 #RTF #altcoins #WhiteBit
Why This Hedge Fund Bought Dogwifhat at 1 Cent: ‘It Had a Hat’

After venture capital firm Stratos boasted 300x profits from an investment in Solana meme coin Dogwifhat (WIF), other hedge funds started to consider meme coins as a legitimate investment. So, why did Stratos believe in a Shiba Inu with a hat?
The California-based firm invested in WIF in December when it was around $0.01. And it’s still holding onto its stash of WIF, which is now trading for $2.76 according to CoinGecko data.
Prior to investing in WIF, Stratos had invested in some of the “blue chip” meme coins—the likes of Dogecoin, PepeCoin, and Shiba Inu. Due to its small team, Stratos says it was able to be quick on its feet when they first got a whiff of WIF.
“Normally, you will spend months doing due diligence before you actually make an investment. That obviously doesn’t work for memes,” Rennick Palley, founding partner of Stratos, told Decrypt. “The reason why we designed the fund the way it is, is because we've been in crypto long enough to know how it works.”
WIF is the latest dog-based meme coin on the Solana blockchain. It doesn’t pretend to be anything it isn’t, explaining on its website that it’s “literally just a dog wif a hat.” With no utility, the community has turned to guerrilla marketing to boost the tokens value, with the project currently aiming to get its furry mascot plastered on the Las Vegas Sphere.

Another interesting project that I would like to talk about.
Ready to Fight the 1st blockchain boxing ecosystem aiming at the $10B boxing market and bridging 2B boxers & fans worldwide.

They are dropping rewards to pioneers, participants and promoters as they get ready for their @WhiteBit listing.
#BullorBear #WIF🔥🔥 #RTF #altcoins #WhiteBit
ZKasino scam suspect arrested, $12.2M seized by Dutch authorities Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest. Dutch authorities arrested a man suspected of being involved with the scam surrounding the ZKasino online gambling platform. The Fiscal Information and Investigation Service (FIOD) arrested the 26-year-old on April 29, who is suspected of fraud, embezzlement and money laundering. The Dutch authorities seized over 11.4 million euros ($12.2 million) worth of crypto, real estate, and luxury cars, according to a May 3 report by FIOD. This marks the first arrest in the Zkasino fraud case, where investors lost at least $33 million worth of digital assets. The platform initially promised users their investment back within 30 days, however, the smart contract suggests that the platform never intended to return the funds, according to Dutch authorities. The suspect’s detention was extended for 14 more days for investigative purposes. #ScamRiskWarning #scammeralert
ZKasino scam suspect arrested, $12.2M seized by Dutch authorities

Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest.
Dutch authorities arrested a man suspected of being involved with the scam surrounding the ZKasino online gambling platform.
The Fiscal Information and Investigation Service (FIOD) arrested the 26-year-old on April 29, who is suspected of fraud, embezzlement and money laundering.
The Dutch authorities seized over 11.4 million euros ($12.2 million) worth of crypto, real estate, and luxury cars, according to a May 3 report by FIOD.
This marks the first arrest in the Zkasino fraud case, where investors lost at least $33 million worth of digital assets. The platform initially promised users their investment back within 30 days, however, the smart contract suggests that the platform never intended to return the funds, according to Dutch authorities.
The suspect’s detention was extended for 14 more days for investigative purposes.
#ScamRiskWarning #scammeralert
Meme Cryptocurrencies Face Steep Declines: Dogecoin, Shiba Inu, and PEPE Suffer Major Setbacks in Market Value Dogecoin (DOGE), a leading cryptocurrency inspired by memes, experienced a significant downturn, losing over 12% of its value in the last 24 hours. The price of DOGE, a favorite of tech mogul Elon Musk, has decreased by more than 23% over the past week and by 40% within the last month. Currently, DOGE’s market price hovers around $0.1245. This marks an 83% decline from its peak value of $0.737, recorded on May 8, 2021. Despite this setback, the trading volume of Dogecoin surged by 75% in the last day, reaching $1.7 billion, with its market capitalization now at $18 billion. Shiba Inu (SHIB), another popular meme cryptocurrency, also faced challenges, with its price dropping by 12% in the same 24-hour period.This recent fall adds to a 22% decrease over the past week. Nevertheless, Shiba Inu has seen a significant 134% rise over the last 90 days, reflecting sustained investor interest despite shifting market sentiments. Shiba Inu is currently priced at $0.000021, with a 24-hour trading volume that increased by 50% to $833 million. SHIB’s market cap stands at approximately $12.3 billion. A newer meme coin, PEPE, has also felt the market’s volatility. After a remarkable 560% rise in the last 90 days, PEPE has seen a 22% decrease over the past week, with an additional 16% drop in the last 24 hours. PEPE’s current trading price is $0.000006, and its trading volume over the last day rose by 28% to $980 million. Despite recent declines, PEPE remains the third-largest meme cryptocurrency, boasting a market cap of $2.58 billion. These fluctuations in the meme cryptocurrency sector underscore the inherent volatility and the shifting dynamics influenced by both investor sentiment and broader market trends. #DogecoinDay #Shibalnu #PEPE❤️ $DOGE $SHIB $PEPE
Meme Cryptocurrencies Face Steep Declines: Dogecoin, Shiba Inu, and PEPE Suffer Major Setbacks in Market Value

Dogecoin (DOGE), a leading cryptocurrency inspired by memes, experienced a significant downturn, losing over 12% of its value in the last 24 hours.
The price of DOGE, a favorite of tech mogul Elon Musk, has decreased by more than 23% over the past week and by 40% within the last month.
Currently, DOGE’s market price hovers around $0.1245. This marks an 83% decline from its peak value of $0.737, recorded on May 8, 2021.
Despite this setback, the trading volume of Dogecoin surged by 75% in the last day, reaching $1.7 billion, with its market capitalization now at $18 billion.
Shiba Inu (SHIB), another popular meme cryptocurrency, also faced challenges, with its price dropping by 12% in the same 24-hour period.This recent fall adds to a 22% decrease over the past week.
Nevertheless, Shiba Inu has seen a significant 134% rise over the last 90 days, reflecting sustained investor interest despite shifting market sentiments.
Shiba Inu is currently priced at $0.000021, with a 24-hour trading volume that increased by 50% to $833 million. SHIB’s market cap stands at approximately $12.3 billion.
A newer meme coin, PEPE, has also felt the market’s volatility.
After a remarkable 560% rise in the last 90 days, PEPE has seen a 22% decrease over the past week, with an additional 16% drop in the last 24 hours.
PEPE’s current trading price is $0.000006, and its trading volume over the last day rose by 28% to $980 million.
Despite recent declines, PEPE remains the third-largest meme cryptocurrency, boasting a market cap of $2.58 billion.
These fluctuations in the meme cryptocurrency sector underscore the inherent volatility and the shifting dynamics influenced by both investor sentiment and broader market trends.
#DogecoinDay #Shibalnu #PEPE❤️ $DOGE $SHIB $PEPE
Crypto Trader Warns Bitcoin Not ‘Out of the Woods Yet,’ Maps Path Forward for Solana and Ethena A closely followed crypto strategist is warning that Bitcoin (BTC) may not yet be done correcting. Pseudonymous analyst Altcoin Sherpa tells his 215,800 followers on the social media platform X that only after Bitcoin reclaims the $60,000 level will he have more confidence a bullish reversal is occurring. The analyst also says that Bitcoin’s sudden drop below $58,000 this week is similar to other corrections this cycle. He shares a chart of when Bitcoin declined from $47,000 to below $39,000 in January before continuing to the upside. “BTC: for what it’s worth, this price action is super normal and there’s a lot of volatility while bottoms are formed. Not necessarily saying this is ‘the bottom’ but this is common to see. Expecting more chop/etc. over the next few days. Don’t get chopped to shit.” Bitcoin is trading for $59,389 at time of writing, up 2.5% in the last 24 hours. Next up, the analyst says that Ethereum (ETH) competitor Solana (SOL) may correct in the near term to as low as $116 based on his chart of Fibonacci retracement levels, but could rally within months. “SOL: you just dollar-cast average in and don’t worry about it. wait there to 12 months and then sell it higher.” Solana is trading for $139.15 at time of writing, up more than 4% in the last 24 hours. Lastly, the analyst says says that the governance token of the decentralized finance protocol Ethena (ENA) appears likely extend its upward momentum after retesting the Fibonacci retracement level at $0.76. “ENA: I’m out of this one but I think it looks solid. .618 Fibonacci + support/resistance level and market looking ok.” #BTC #Solana’ #ethena_labs $BTC $SOL
Crypto Trader Warns Bitcoin Not ‘Out of the Woods Yet,’ Maps Path Forward for Solana and Ethena

A closely followed crypto strategist is warning that Bitcoin (BTC) may not yet be done correcting.
Pseudonymous analyst Altcoin Sherpa tells his 215,800 followers on the social media platform X that only after Bitcoin reclaims the $60,000 level will he have more confidence a bullish reversal is occurring.
The analyst also says that Bitcoin’s sudden drop below $58,000 this week is similar to other corrections this cycle. He shares a chart of when Bitcoin declined from $47,000 to below $39,000 in January before continuing to the upside.
“BTC: for what it’s worth, this price action is super normal and there’s a lot of volatility while bottoms are formed. Not necessarily saying this is ‘the bottom’ but this is common to see. Expecting more chop/etc. over the next few days. Don’t get chopped to shit.”
Bitcoin is trading for $59,389 at time of writing, up 2.5% in the last 24 hours.
Next up, the analyst says that Ethereum (ETH) competitor Solana (SOL) may correct in the near term to as low as $116 based on his chart of Fibonacci retracement levels, but could rally within months.
“SOL: you just dollar-cast average in and don’t worry about it. wait there to 12 months and then sell it higher.”
Solana is trading for $139.15 at time of writing, up more than 4% in the last 24 hours.
Lastly, the analyst says says that the governance token of the decentralized finance protocol Ethena (ENA) appears likely extend its upward momentum after retesting the Fibonacci retracement level at $0.76.
“ENA: I’m out of this one but I think it looks solid. .618 Fibonacci + support/resistance level and market looking ok.”
#BTC #Solana’ #ethena_labs $BTC $SOL
Fantom Aims To Attract Memecoin Traders, Reserves $6.5M FTM: Report Fantom, a Layer 1 blockchain network, has initiated establishing a “safer memecoin” space to become part of the vast $50 billion memecoin sector. The blockchain network plans to reserve $6.5 million worth of its native token, FTM, as a reward for developers. Michael Kong, the CEO of Fantom Foundation, hinted at the platform’s efforts to create a friendly environment where the community can launch safer memecoins. Kong also highlighted Fantom’s adherence to security and privacy as it plans to introduce technical and non-technical measures to block rugs and scams. CoinMarketCap, a prominent crypto data aggregator, shared an X post, unveiling Fantom’s initiative. The aggregator wrote, “In a bid to tap into the booming $50 billion memecoin sector, Fantom, a layer-1 blockchain network, is taking steps to establish a safer environment for memecoin projects.” On April 30, Michael Kong announced a 10 million FTM prize pool worth $6.5 million for memecoin teams in an effort to attract memecoin traders. Through memecoins, Kong envisions gaining more customers and achieving success. Further, Kong asserted that Fantom prioritizes customer demands; Fantom aims to satisfy its customers by fulfilling their needs. In its latest move, Fantom intends to provide a safe memecoin space with a democratic distribution of tokens to the community. Meanwhile, FTM has slightly emerged from the bearish track, with a marginal increase of 2% over the last 24 hours. However, the token, currently priced at $0.6773, has been exhibiting severe downturns over the last month. FTM experienced notable 10% and 22% declines in the last week and month, respectively. #BullorBear #Memeoins #FANTOM.
Fantom Aims To Attract Memecoin Traders, Reserves $6.5M FTM: Report

Fantom, a Layer 1 blockchain network, has initiated establishing a “safer memecoin” space to become part of the vast $50 billion memecoin sector. The blockchain network plans to reserve $6.5 million worth of its native token, FTM, as a reward for developers.
Michael Kong, the CEO of Fantom Foundation, hinted at the platform’s efforts to create a friendly environment where the community can launch safer memecoins. Kong also highlighted Fantom’s adherence to security and privacy as it plans to introduce technical and non-technical measures to block rugs and scams.
CoinMarketCap, a prominent crypto data aggregator, shared an X post, unveiling Fantom’s initiative. The aggregator wrote, “In a bid to tap into the booming $50 billion memecoin sector, Fantom, a layer-1 blockchain network, is taking steps to establish a safer environment for memecoin projects.”
On April 30, Michael Kong announced a 10 million FTM prize pool worth $6.5 million for memecoin teams in an effort to attract memecoin traders. Through memecoins, Kong envisions gaining more customers and achieving success.
Further, Kong asserted that Fantom prioritizes customer demands; Fantom aims to satisfy its customers by fulfilling their needs. In its latest move, Fantom intends to provide a safe memecoin space with a democratic distribution of tokens to the community.
Meanwhile, FTM has slightly emerged from the bearish track, with a marginal increase of 2% over the last 24 hours. However, the token, currently priced at $0.6773, has been exhibiting severe downturns over the last month. FTM experienced notable 10% and 22% declines in the last week and month, respectively.
#BullorBear #Memeoins #FANTOM.
Arthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans. Co-founder and former CEO of BitMEX crypto exchange Arthur Hayes has shared his thoughts on the price action of Bitcoin (BTC). Hayes, who is an industry expert, revealed in a Friday blog post that the crypto may just have bottomed in and is expected to slowly climb back up over the next few days. According to Hayes, the recent market slump was nothing short of expectation. That is as conditions, including the US tax season, uncertainty over Fed actions, the “sell the news event” of Bitcoin halving, and other things contributed to the price action that brought over 23% correction to the market. To Hayes, however, all that happened was merely a “well-needed market cleansing”. Steady Rise Up Next for Bitcoin, Says Arthur Hayes The former BitMEX chief believes that a resurgence is now in order for the crypto markets after the just-concluded selloffs. He claims that the rise will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening (QT) taper and the US Treasury’s debt issuance plans. Hayes says that the QT program by the Fed effectively injects more liquidity into markets, which could theoretically increase the amount of stimulus provided to the global assets markets. Consequently, this liquidity is also expected to make its way into riskier assets, including cryptocurrencies, hence creating a buying pressure. An excerpt from the post reads: “By reducing the rate of QT from $95 billion to $60 billion per month, the Fed is essentially adding $35 billion per month of dollar liquidity.” #BTC #bitcoinhalving #BullorBear $BTC
Arthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up
Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans.
Co-founder and former CEO of BitMEX crypto exchange Arthur Hayes has shared his thoughts on the price action of Bitcoin (BTC). Hayes, who is an industry expert, revealed in a Friday blog post that the crypto may just have bottomed in and is expected to slowly climb back up over the next few days.
According to Hayes, the recent market slump was nothing short of expectation. That is as conditions, including the US tax season, uncertainty over Fed actions, the “sell the news event” of Bitcoin halving, and other things contributed to the price action that brought over 23% correction to the market. To Hayes, however, all that happened was merely a “well-needed market cleansing”.
Steady Rise Up Next for Bitcoin, Says Arthur Hayes
The former BitMEX chief believes that a resurgence is now in order for the crypto markets after the just-concluded selloffs. He claims that the rise will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening (QT) taper and the US Treasury’s debt issuance plans.
Hayes says that the QT program by the Fed effectively injects more liquidity into markets, which could theoretically increase the amount of stimulus provided to the global assets markets. Consequently, this liquidity is also expected to make its way into riskier assets, including cryptocurrencies, hence creating a buying pressure. An excerpt from the post reads:
“By reducing the rate of QT from $95 billion to $60 billion per month, the Fed is essentially adding $35 billion per month of dollar liquidity.”
#BTC #bitcoinhalving #BullorBear $BTC
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