Bitcoin (BTC) continued its upward momentum, reaching around $67,900. The Federal Reserve’s preferred inflation measure, the Core PCE Price Index, increased by 0.2% month-over-month in April, aligning with expectations but slightly below the previous month’s 0.3% rise. This modest increase may ease some inflation concerns for the Fed, but consistent readings are necessary to support a potential rate cut by September.

The Chicago PMI dropped to 35.4, below the anticipated 41.1, indicating weaker manufacturing activity. These mixed data points suggest a complex economic outlook, with easing inflation but slowing economic activity, hence driving a bullish Bitcoin price prediction.

#Bitcoin #bitcoin #BTC
$BTC

Notcoin (NOT) is currently trading at $0.0115757547317 and sits at number #76 on CoinMarketCap in terms of market capitalization. There are 102719221714 NOT coins currently in circulation, bringing the total market cap to $1189052516.79.

Over the past 24 hours, Notcoin has increased by 20.35%. Looking at the last week, the coin is up by 133.65%.

The weekly chart for Notecoin (NOT) displays a significant uptrend, with the cryptocurrency's value rising from a low of $0.005437 to a peak of $0.008308. This strong growth represents a price increase of approximately 53.04% over the week. The market capitalization for Notcoin has seen a substantial increase, rising 56.30% to reach $853,342,405. This remarkable increase underscores the growing confidence among investors and the prevailing bullish sentiment in the market. The upward move has taken NO past some critical resistance levels, now hovering around the $0.0083 mark, indicating potential for continued upside momentum

#NOT🔥🔥🔥 #Notcoin
$NOT

Despite hawkish remarks from Federal Reserve officials and stronger-than-expected U.S. economic data, which have reduced the likelihood of a Fed rate cut, Bitcoin (BTC) has managed to regain some traction. The cryptocurrency edged slightly higher, reaching around $67,785 and hitting an intraday high of $68,848.

BlackRock’s Bitcoin ETF, IBIT, has become the largest Bitcoin fund with nearly $20 billion in assets under management, further supporting BTC. However, the strengthened US dollar (USD) and ongoing geopolitical tensions may limit Bitcoin’s gains, leading to potential volatility.

Looking ahead, traders will closely monitor the Fed’s Beige Book and John Williams’ speech, along with the upcoming US Core Personal Consumption Expenditures Price Index (Core PCE) release, for further cues on Bitcoin price movements

#bitcoin☀️ #BTC☀️
$BTC

Cardano is known for its deliberate pace of development. Rather than rush to market with half-baked code, Cardano moves at its own speed, giving thoughtful consideration to the long-term goals based on five sequential eras (phases of development). The project boasts an extremely loyal following and attractive staking rewards, but is Cardano a good investment?

The project was founded in 2017 to address some of the shortcomings of Ethereum at the time, including scalability. At the helm, Charles Hoskinson, a co-founder of the Ethereum project, keeps the community updated and discusses the state of the chain and the industry through frequent fireside chats. In this guide, we’ll explore the history of Cardano (ADA) and look toward the future to see what lies ahead for ADA investors

Is ADA a good investment? To answer the question, let’s begin with Cardano’s performance relative to other cryptocurrencies. Many within the ADA community see Cardano as a long-term investment. If you’re looking for parabolic growth like you might see with the latest meme coins, you may not find that with ADA in the short term. Instead, a steady climb is more likely, albeit with a solid floor due to a loyal following and dependable staking rewards, currently about 3%.

ADA first traded at $0.02 following the initial distribution of tokens between 2015 and 2017. Within three months, ADA traded at $1.31. By the height of 2021’s crypto bull run, Cardano’s ADA token reached a price of $3.10, a 15400% increase. However, like other top projects in the crypto market, Cardano’s price fell dramatically throughout late 2021 and 2022 before beginning to recover in 2023. As of this writing, ADA trades at $0.48.

#CardanoEcoSystem #cardano #cardanocommunity #ADA

$ADA

As the Fantom (FTM) price climbs to new monthly highs, investors are asking whether it might be too late to buy Fantom.

Last at $0.8744, FTM is up 35% in the past seven days according to CoinMarketCap.

A seemingly sudden shift in the SEC’s position on Ethereum ETFs has injected positive momentum into market this week.

Fidelity, Vaneck, Invesco, Ark 21Shares and Franklin all filed amended 19B-4 applications on Tuesday.

That comes one day after rumors emerged that the SEC might approve spot Ethereum ETFs as soon as this week.

That helped launch FTM nearly as high as $1.0 on Monday, with the price having since dropped around 5%.

While not in as much focus this week, macro is also more of a tailwind these days.

US jobs and CPI inflation data this month helped bolster bets for Fed rate cuts this year. Tomorrow’s Fed minutes release shouldn’t threaten that narrative too much.

When financial markets move to price in easier financial conditions, this tends to bolster crypto.

And high-beta altcoins like Fantom are especially sensitive to changes in financial conditions.

Fantom also recently kickstarted an exciting upgrade to integrate its innovative Sonic technology.

Well, investors jumping in now will have missed the bottom of the recent price dip by a large margin.

But that doesn’t mean its too late to buy Fantom.

FTM remains nearly 30% below its 2024 highs. So investors can, at the very least, rest assured that they aren’t buying the market right at its recent peak.

Nor is the Fantom price anywhere near its long-term peak.

FTM briefly surpassed $3.70 in 2021, so it is still trading at a 75% discount versus its record highs.

If FTM can break to the north of its 2021 highs this cycle, investors could still bag 5x gains.

In that sense, it definitely isn’t too late to buy Fantom

#fantom #FTM
$FTM

Ripple announced a second $25m donation to the crypto super Political Action Committee (PAC) Fairshake on Wednesday. This contribution supplements the $25m it provided to Fairshake last year.

The company’s donation, alongside contributions from fellow crypto companies and leaders, forms part of a collective industry endeavor to promote policies conducive to the future of financial innovation in the US.

The Fairshake PAC is dedicated to backing pro-crypto and pro-innovation political candidates in the 2024 elections. With a war chest exceeding $102m for the 2024 election cycle, the Fairshake PAC and its associates have garnered significant funds.

These are primarily substantial individual contributions from key figures within the crypto sector. A coalition of crypto enterprises, executives, and investors, among them Coinbase, Andreessen Horowitz, and the Winklevoss twins have contributed to the PAC.

#xrp #Ripple #XRPnews #PAC
$XRP

(SOL), one of the cryptocurrencies that is currently on the rise, managed to surpass XRP and occupy the fifth largest position in the crypto market. This is based on the latest market capitalization data as of December 20, 2023 according to the crypto price movement aggregator, Coinmarketcap.

Solana has a market capitalization of 34.8 billion US dollars (Rp. 540.6 trillion). Meanwhile, XRP, a coin developed by Ripple, has a market capitalization of 33.3 billion US dollars (Rp. 516.7 trillion).

Solana was able to achieve this position thanks to its impressive price performance, while XRP remained relatively stagnant. In the last 24 hours, Solana rose 12.08%, well above the market average gain of 2.8%. Meanwhile, XRP only rose 1.67%.

At the time of writing, the price of Solana was 81.45 US dollars (Rp. 1.26 million) per coin, while the price of XRP was 0.62 US dollars (Rp. 9,622) per coin. This price difference is due to the total supply of each coin, which does not affect market capitalization.

Solana is a cryptocurrency focused on scalability, speed and low fees. Solana claims to be able to process more than 50,000 transactions per second at a cost of less than one cent per transaction. Solana also supports a variety of decentralized applications (dApps) in the fields of gaming, NFTs, DeFi and others.

#Solana⁩ #xrp #Ripple
$SOL $XRP

Solana has, seemingly, come back from the grave through 2023 and 2024, and is now one of the blockchains on everyone’s lips. Utilizing a unique proof-of-history layer Solana manages to validate hundreds of thousands of transactions per second, but critics point to its high level of centralization and continued outages as a large concern. As of May 28, 2024 Solana price has is trading at $169.60 which is on the way to it’s all-time high of $259.2

#Solana⁩ #solananews
$SOL

Solana validators will see an increase in their rewards as a recent governance proposal has been passed, granting them 100% of priority fees from transactions on the network.

The proposal received a favorable vote of 77% late Monday, according to data from the Solana governance system.

Validators play a crucial role in blockchain networks by running software to validate transactions and ensure network security.

#solana #Binance #solananews #Solana⁩
$SOL