01. Bitget ( $BGB ) is the leader BGB's price was almost unable to form a new ATH until a week ago. But the 16% increase it saw over the past few days has changed this, putting the altcoin trading at $1.32. The ATH is currently less than 5% away at $1.38.
02. Bitcoin ( $BTC ) can lift the entire market Bitcoin price has been hovering around the $68,500 mark for several days now, but it has yet to solidify as support. This is important if the crypto asset aims to form a new ATH as the barrier between BTC and the ATH at $73,650 is $71,800.
03. BNB ( $BNB ) investors' three-year wait The last time BNB price reached an all-time high was three years ago, in May 2021. If BNB price cannot surpass the all-time high, this altcoin could lose its uptrend and slide to 575 USD or lower.
04. Toncoin ( $TON ) surprised the market If this happens, Toncoin will be on track to chart a 15% increase, surpassing the barrier at $7.0 and reaching an ATH of $7.6. While broader market signals favor a bullish outcome, the $7.0 barrier is key resistance.
#BTC☀#BGB#BNBToken#tonecoin ---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅✅ Bitcoin $BTC and Ethereum $ETH continue dominance
Analysis of cryptocurrency data from CoinMarketCap showed that the total market capitalization of cryptocurrencies exceeded $2.5 trillion. Bitcoin accounted for over $1.3 trillion of this, giving it a market dominance of almost 53%.
Also, Ethereum’s market capitalization was over $453 billion, representing nearly 18% of the total market.
Combined, Bitcoin and Ethereum make up over 70% of the entire cryptocurrency market capitalization, meaning their price movements significantly impact the overall market.
Although the total cryptocurrency market capitalization is much smaller compared to Gold, it still holds substantial value.
---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅✅ Assessing whether Solana $SOL can reach $200 before May ends
Solana [SOL] had experienced a surge of 165% as from late January to late March before consolidating in a bullish pennant.
At press time, the price of Solana was at around $169.3 . SOL was still consolidating in the bullish pennant before the likely continuation surge.
If the price manages to drop beyond the demand zone, a further drop to the pennant support level is possible.
However, if the price retraces at the demand zone after filling the fair value gap, and build enough bullish momentum to breakout of the pennant resistance zone, a surge to $200 target is likely.
What does Solana’s future look like? AMBCrypto’s look at Coinglass data on Solana Long/Short Ratio Chart, showed that long — short ratio has been high in the last several days, indicating bullish momentum was building.
This is because a high long short ratio indicates bullish momentum and that traders have an appetite to buy and hold.
AMBCrypto’s look at the social volume chart from Santiment showed a positive correlation between Solana’s price and social volume. Increased social media activity drives public interest, leading to price surges.
#SolanaUSTD #SOLFI #SolanaAI #SolanaUSTD #binance ---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅✅ FTX exec Ryan Salame sentenced to 90 months in prison ( $FTT ) * Salame’s 90-month sentence highlights FTX’s legal challenges amid bankruptcy proceedings. * The crypto market shows resilience despite FTX’s legal turmoil.
Amidst FTX’s ongoing bankruptcy proceedings and plans to repay its creditors, a significant new development has emerged.
Ryan Salame, a former high-ranking executive under FTX founder Sam Bankman-Fried, has been sentenced to 90 months (seven and a half years) in prison.
This will be followed by three years of supervised release. Salame has also been ordered to pay over $6 million in forfeiture and more than $5 million in restitution.
✅✅ Memecoin Frenzy Topples Cardano $ADA from Its Throne!
* The recent surge in memecoins has caused Shiba Inu to surpass Cardano in market capitalization, pushing Cardano out of the top 10 cryptocurrencies. * Memecoin frenzy has seen tokens like $PEPE , $SHIB Inu, Dogwifhat, and others reach all-time highs, outperforming many major coins. * Cardano, which was third in market cap during the 2020-2021 bull run, is now ranked 11th, with Shiba Inu holding a market cap of $16.4 billion compared to Cardano’s $16.3 billion.
The rise of memecoins like Dogecoin and Shiba Inu, which are currently among the top 10 cryptocurrencies, highlights a significant shift in the market. Even newer memecoins such as PEPE, WIF, and BOME are experiencing substantial gains. Investors should conduct their own research and exercise caution, as all investments and trading activities carry risks.
#ADA #pepe⚡ #shiba⚡ #WIF_Usdt #binance ---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅✅ US Voters Embrace Bitcoin $BTC and Ethereum $ETH in Growing Cryptocurrency Adoption Trend
* The growing interest in cryptocurrencies among US voters is becoming a significant trend. * Macroeconomic factors and Bitcoin’s increasing acceptance as a financial asset are driving this interest. * Nearly 47% of respondents in a recent survey indicated their intention to include digital assets in their investment portfolios.
– Nearly half of US voters are considering adding cryptocurrencies to their investment portfolios. – Inflation and economic concerns are driving interest in digital assets. – Approval of Bitcoin ETFs has boosted crypto awareness among voters. – Both major political parties are seen as having favorable crypto policies by different voter segments. – Cryptocurrencies are expected to be a pivotal issue in the 2024 elections.
✅✅ Notcoin $NOT rises 45%, enters top 100: Can it break $0.01 now? * The volume surpassed $1 billion, suggesting a possible increase to $0.01
$NOT Notcoin [NOT], the recently launched token of the mine-to-earn game built on The Open Network, put up a stunning performance in the last 24 hours.
At press time, $NOT price was $0.00972, representing a mind-blowing 45.13% increase.
Interestingly, this increase came at a time when most of the top assets in the market shed gains or moved sideways. It also aligned with AMBCrypto’s price prediction released some days back.
The token became a part of the prestigious top 100 with a market cap of $999.5 million. Market cap is a product of price and circulating supply.
---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅✅ Donald Trump’s Crypto Wallet Holds $10 Million in Assets
A cryptocurrency wallet linked to former President Donald Trump, a leading Republican presidential candidate, reportedly holds assets worth approximately $10 million.
According to blockchain data tracked by Arkham Intelligence, the wallet contains sizeable amounts of MAGA tokens, Ethereum (ETH), and MAGA VP tokens.
The wallet linked to Donald Trump primarily contains TRUMP tokens valued at $7.12 million, initially purchased using wrapped ether (WETH) on Uniswap. Additionally, it holds 463.441 ETH, worth around $1.84 million, and 1 million MAGA VP tokens, estimated to be worth $509,000.
The connection between the wallet and Trump was established through information in his financial statements filed in August 2023.
At the time of the initial connection, Trump’s wallet held nearly $5 million in ETH and had earned approximately $4.9 million from the Trump Digital Trading Card NFT collection. His crypto presence classified him as a “crypto whale.” In December 2023, the wallet sold off $2.4 million worth of ETH $ETH
---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅ ✅ Memecoins outperform Bitcoin $BTC : Is the spotlight shifting ? * Memecoins have been the talk of the town this bull run and have performed well since late February. * There’s an allure to these tokens that solve nothing but still attract thousands of investors.
Memecoins have captured the public imagination and attention during this bull run, at least so far. Crypto analyst Joao Wedson pointed this out recently in a post on X
In terms of price percentage change, memecoins have had the upper hand recently.
Does this mean memecoins are taking the spotlight away from Bitcoin? Will the public attention and capital inflows to the meme markets significantly impact Bitcoin’s demand?
However, from a market capitalization standpoint, memecoins are a tiny fraction of Bitcoin’s size. Since the dip on the 1st of May, Bitcoin has added $233 billion to its market capitalization.
The chart above showed that the social volume of Bitcoin (cyan) was 3135 on the 26th of May compared to 350 (yellow) for PEPE.
This is just one memecoin, not the whole sector, but the difference is still enormous considering PEPE $PEPE gained 75% last week and is one of the hotly discussed memes online.
Therefore, social media engagement was still in favor of Bitcoin. Additionally, the derivatives and spot market of Bitcoin are likely too big for memecoins to meaningfully chip away at.
---> Understanding the market and following the news is important ---> Follow us to update the most accurate news ---> Wishing you the right decision and good luck.
✅ ✅ Pepe Price Prediction as PEPE Hits New All-Time High Again – Can it Overtake Dogecoin?
This price means that PEPE has broken its ATH yet again, having touched $0.00001725 a few hours ago.
And given that it remains up by 80% in a week, 141% in a month and 1,000% in a year, it certainly has the short-, medium- and long-term momentum to continue pushing forwards.
It may hit a new ATH in the next few days even, with the arrival of rate cuts later in the year possibly helping it rise higher in the market cap rankings.
PEPE’s chart is very bullish at the moment, with the coin maintaining strong momentum for nearly a week now.
Its relative strength index (purple) has returned to 70 in the past few hours, having regained impetus after dropping below 50 yesterday.
Of course, the rejoinder to this bullishness is that PEPE’s indicators have been high for long enough now to think that the coin may correct soon.
Yet its 24-hour trading volume remains high at close to $2 billion, up from $500 million a week ago in a sign that interest remains strong.
And what’s interesting is that whales continue to accumulate the meme coin, seemingly in the expectation of further gains in the near future.
It’s also worth remembering that we were advising caution regarding PEPE only a few days ago, yet it has continued to rise, so there’s every chance that it may set new records in the coming days and weeks.
✅ ✅ Memecoin season continues, sending Pepe $PEPE to new all-time high
Despite the unfortunate incident, memecoin traders remain unfazed as they continue buying animal-themed cryptocurrencies.
Frog-themed memecoin Pepe $PEPE reached a new all-time high of $0.00001725 on May 27, after rising over 75% during the past week, CoinMarketCap data shows.
Since memecoins lack intrinsic utility, they are among the most volatile digital assets. Despite the inherent risks, some traders are making millions by successfully navigating this high-risk market segment.
Two weeks ago, a savvy Pepe $PEPE trader turned $3,000 into $46 million by trading the memecoin. The return of the GameStop saga bolstered the Pepe price, and the trader made an over 15,718 times return on initial investment.
💖💖 Wishing you high profits in trading and making wise decisions.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
1. Argentina đặt mục tiêu học hỏi từ thành công Bitcoin của El Salvador The government of Argentina is working with El Salvador to learn from its experience of Bitcoin $BTC adoption and other cryptocurrency activities.
2. Crypto influencers and celeb X accounts suspected of being hacked A string of industry influencers and celebrities are suspected to have had their X accounts hacked over the weekend, shilling everything from Luna2 and ORDI to celebrity-inspired memecoins.
3. FTX bankruptcy lawyer didn't conspire with exchange, investigation finds An independent investigation into FTX $FTT bankruptcy lawyer Sullivan & Cromwell determined that the firm was unaware of the large-scale fraud occurring at the now-defunct exchange.
Sullivan & Cromwell faced blowback from FTX creditors when it was selected to oversee the bankruptcy proceedings. At the time, creditors believed that the law firm's past dealings with FTX would compromise its objectivity in the case.
✅ ✅ Trader nets $2.7M profit in 3 days with Trump-themed MAGA memecoin
The MAGA memecoin has seen drastic price rallies following pro-crypto comments from Republican presidential candidate Donald Trump.
A savvy trader made a $2.7 million profit in just three days on the Donald Trump-themed MAGA (TRUMP) meme token.
The memecoin trader, known as wallet “0x303” spent over $535,000 to buy six billion MAGA tokens on May 25, making an over 505-fold return on his initial investment, according to a May 27 X post by Lookonchain:
“He spent $537.5K to buy 6B $MAGA on May 24 and May 25, then sold 1.5B $MAGA for 744K $USDT to take profits 10 minutes ago. He currently holds 4.5B $MAGA, worth $2.51M.”
💖💖 Wishing you high profits in trading and making wise decisions.
✅✅ Binance Coin: Why the next 2 weeks will be interesting for $BNB * Analysis showed that the coin could see an upswing to $738 by June. * Derivatives market data indicated bullish sentiment, as BNB might favor long positions.
However, the last time the metric hit 1.641%, the price of the coin reached $632 from a low of $511. If the pattern were to follow a similar trend, $BNB could be set to hit $738 within the next 35 days.
The support levels have landed Therefore, the high value suggests that there was growing confidence that BNB might surpass $700. In addition, to this, AMBCrypto analyzed the Net Positions Heatmap.
Should buying pressure increase when $BNB revisits these points, the price might climb toward $738 as mentioned above. However, traders might need to be wary.
This is because a decline in buying pressure could cause the coin to swing sideways. In a highly bearish situation, the price might fall to $565— the next underlying support.
✅ ✅ Cristiano Ronaldo unveils 4th NFT collection with Binance despite $1B lawsuit
Portuguese football superstar Cristiano Ronaldo has announced the launch of his fourth non-fungible token (NFT) collection in partnership with Binance.
The new collection, set to launch on 29 May to the Binance NFT Marketplace, will celebrate the footballer's history and features highlights from throughout his storied career.
Per a blog post from Binance, Cristiano Ronaldo commented:
“My football journey has seen me travel around the world, and I’ve been honored to play for some of the most prestigious clubs out there. Now it’s your turn to join me on that journey too.”
As Cointelegraph reported back in November of 2023, the football superstar was sued in a class action lawsuit in a United States district court in Florida over his previous participation in NFT collection sales with Binance.
✅ ✅ What’s behind $ETH Ethereum’s bull run? Whales, ETF approval, and… * Ethereum whales have become more active recently. * ETH is attempting to establish the $3,600 range as its support.
Analysis revealed that before the Ethereum $ETH ETF was approved, a particular whale address made bold moves by acquiring more ETH at a specific price level.
The data indicated that the whale acquired 8,733 ETH at approximately $3,054.56, totaling around $26.67 million. As a result, the whale wallet now holds approximately $6 million in unrealized profit.
Following the approval of Form 19b-4 by the Securities and Exchange Commission (SEC), the whale proceeded to purchase other tokens within the Ethereum ecosystem, amounting to $24.7 million.
Further examination showed that the number of addresses holding $100,000 or more worth of $ETH also experienced a notable surge.
The Relative Strength Index (RSI) showed Ethereum slightly below the overbought zone. This suggested a strong bullish trend but also implied the possibility of a decline, even amidst another potential bull run.
✅ ✅ $BB BB's price has fluctuated widely, with the largest increase in 24 hours reaching 33.43%
BounceBit provides a platform that allows users to perform Bitcoin staking, converting BTC from a static asset into an active element in the ecosystem
BounceBit uses a dual PoS consensus mechanism, consisting of two tokens, $BB and $BBTC. This mechanism allows validators to operate and secure the network, while rewarding them with $BB .
**Development roadmap**
BounceBit has announced a detailed development roadmap for 2024 and following years, including important milestones such as:
- **Q1 2024**: Reached 100 million USD TVL (Total Value Locked) in the first week and 500 million USD in the first month.
- **Q2 2024**: Launch of BounceBit Chain Mainnet and Premium Yield program.
BounceBit is considered a potential project with many practical applications in the CeDeFi field. However, investors need to pay attention to high price fluctuations and evaluate carefully before deciding to invest. Participating in staking programs and using platform features can be profitable but also comes with high risks.
✅✅ ‘Bitcoin $BTC is the best thing you can own’ – Strike CEO
* Jack Mallers asserted Bitcoin is the ultimate hedge against economic uncertainty.
* Despite volatility, significant investor interest in Bitcoin persisted.
Mallers noted : “I think it’s the best expression of fiat debasement. It is the antithesis of fiat currency. It has no Central Bank, it has no government, its monetary policy is fixed, its supply is capped, it’s everything that fiat isn’t. And, so, if your problem is Fiat debasement then it’s best expressed through Bitcoin.”
Amid the speculation and uncertainties enveloping Bitcoin, Mallers staunchly championed a maximalist perspective, affirming Bitcoin’s supremacy as the quintessential form of money.
✅✅ Why Polygon [MATIC] $MATIC is on track for a price rise
* Increased Invested Age and other metrics suggested that most MATIC holders were opting to HODL.
* High areas of liquidity existed between $0.75 and $0.78, indicating that the price could move towards these zones.
This increase denotes increasing confidence in the long-term potential of the token. However, it could also impact MATIC’s price action in the short term.
The Mean Dollar Invested Age (MDIA) indicated that most participants had leaned toward HODLing MATIC
The last time, the metric made such a consistent move, MATIC went from $0.71 to $1.27. While this might not be the same case this time, the price of the token might close in or surpass $1 in the midterm.