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Beacon Chain, a blockchain developed for staking and governance, is scheduled to close in June, which is one of the major events for BNB in May. This was only a temporary decision, and now it's over. The DEX module and all other features of Beacon Chain will be moved to Binance Smart Chain. Moving assets from one network to another is a must for anyone concerned about asset loss. This is also relevant when it comes to reassigning BNB tasks. Binance Smart Chain had received over 95% of staked tokens by May's end. More people may be interested in purchasing Binance Coin if this new feature is introduced.
For the most part, BNB is still a success. Since the FTX cryptocurrency exchange collapsed in November 2022, just eight altcoins have managed to surpass Bitcoin's all-time highs. Among these is Binance's native coin.
$BNB
For the most part, BNB is still a success. Since the FTX cryptocurrency exchange collapsed in November 2022, just eight altcoins have managed to surpass Bitcoin's all-time highs. Among these is Binance's native coin.
$BNB
American regulators at the SEC have decided what to do next. Companies whose spot ether ETF applications were approved are required to complete Form S-1, which is mandatory for all publicly traded companies, by May 31, according to the agency. It is already being done by some organizations. On the same day that it authorized the spot ETFs, VanEck submitted Form S-1; BlackRock did not do so until May 30.
However, not every business was given the go-ahead. The Brazilian Hashdex was one of the unfortunate ones; they applied in November 2023. For the time being, the firm has chosen not to introduce a spot Ether ETF in response to the disapproval of the SEC.
The accumulation of ether by major players has increased once again. Notable cryptocurrency trader Ali Martinez saw the pattern. One seasoned investor in X (previously Twitter) reported that there are now more than 1,000 addresses with 10,000 ETH (more than $37 million) in their accounts. If the value of the second-largest cryptocurrency by market cap doesn't rise, then big money has no reason to hold onto it.
$ETH
However, not every business was given the go-ahead. The Brazilian Hashdex was one of the unfortunate ones; they applied in November 2023. For the time being, the firm has chosen not to introduce a spot Ether ETF in response to the disapproval of the SEC.
The accumulation of ether by major players has increased once again. Notable cryptocurrency trader Ali Martinez saw the pattern. One seasoned investor in X (previously Twitter) reported that there are now more than 1,000 addresses with 10,000 ETH (more than $37 million) in their accounts. If the value of the second-largest cryptocurrency by market cap doesn't rise, then big money has no reason to hold onto it.
$ETH
The analysts at CryptoQuant made a fascinating observation. Many long-term holders started selling their BTC holdings as the price of Bitcoin rose, they noticed. The sell-off ended and accumulation resumed after Bitcoin's price fell to $56,500 in early May. This shows confidence in the future of the cryptocurrency with the largest market cap. According to CryptoQuant, over half of all Bitcoin in circulation went untouched for the last 12 months, despite having been mined or purchased.
$BTC
$BTC
Over the past 24 hours, the cryptocurrency market has seen a small gain of 0.35 percent, reaching $2.53 trillion. In that time, Bitcoin's value increased by 0.7%, Ethereum's value remained relatively unchanged, and many altcoins experienced minor price fluctuations. Bitcoin seems to have found a temporary balance after remaining under the resistance of a descending corridor for 11 days, and it continues to hover there.
While altcoins are a bit more pessimistic. With no change from their 50-day moving averages for more than a week, Litecoin, Cardano, and XRP have all been trending downward. Evidently, the market is taking its time unloading former superstars. This makes sense in theory, but when applied to cryptocurrency, it implies that we haven't entered the "fear of missing out" phase, where all the names add up.
$BTC
$XRP
$LTC
$ADA
While altcoins are a bit more pessimistic. With no change from their 50-day moving averages for more than a week, Litecoin, Cardano, and XRP have all been trending downward. Evidently, the market is taking its time unloading former superstars. This makes sense in theory, but when applied to cryptocurrency, it implies that we haven't entered the "fear of missing out" phase, where all the names add up.
$BTC
$XRP
$LTC
$ADA
Even though Dogwifhat's (WIF) value took a nosedive recently, a trader going by the name Ponzi Trader thinks the meme-based cryptocurrency's price will go up.
Breaking through the $3.5 support level, which digital asset trader Jack Skipp deemed critical, WIF's price has dropped 11% to $3.34 in the last day. If he is correct, removing this barrier will cause the token's value to plummet, which would be disastrous.
$WIF
Breaking through the $3.5 support level, which digital asset trader Jack Skipp deemed critical, WIF's price has dropped 11% to $3.34 in the last day. If he is correct, removing this barrier will cause the token's value to plummet, which would be disastrous.
$WIF
The Notcoin rate surged by over 130% in just one week, propelling the project to the 81st spot among the top 100 biggest cryptocurrencies. With a trading volume of nearly $1.29 billion, the coin's capitalization has already surpassed $1.22 billion.
Nearly 70% of the NOT airdrop went to on-chain withdrawals, while 22.87% went toward community incentives. That points to an approach that wants a lot of people to use it.
There is additional hope for the coin's value to recoup thanks to the accumulation of NOT owners and community encouragement. It is possible that the Notcoin rate might eventually go above $1.
$NOT
Nearly 70% of the NOT airdrop went to on-chain withdrawals, while 22.87% went toward community incentives. That points to an approach that wants a lot of people to use it.
There is additional hope for the coin's value to recoup thanks to the accumulation of NOT owners and community encouragement. It is possible that the Notcoin rate might eventually go above $1.
$NOT
Respected cryptocurrency expert Ali Martinez claims that the $0.166 to $0.171 price range represents strong resistance for Dogecoin memcoin at the moment. More than seventy-five thousand wallets bought nearly ten billion DOGE within this range.
The level of $0.0322 will be the next "key resistance" for the asset if the price of memcoin departs from this range.
DOGE, according to Martinez's research, is not displaying a bullish reversal since meme coin holders are still under intense pressure from purchases made at $0.166 and $0.171.
$DOGE
The level of $0.0322 will be the next "key resistance" for the asset if the price of memcoin departs from this range.
DOGE, according to Martinez's research, is not displaying a bullish reversal since meme coin holders are still under intense pressure from purchases made at $0.166 and $0.171.
$DOGE
The price of the game token Notcoin (NOT) increased by 30% to $0.012 on May 30. According to CoinGecko, its market cap hit $1.22B with $1.29B in trading volume.
The asset increased in value by nearly 130% in a single week.
The asset is still reclaiming its positions, even though it fell after listing. This dynamic was associated with the NOT distribution model, according to CryptoQuant analysts.
$NOT
The asset increased in value by nearly 130% in a single week.
The asset is still reclaiming its positions, even though it fell after listing. This dynamic was associated with the NOT distribution model, according to CryptoQuant analysts.
$NOT
Steve Chen, whose wealth is over $1 billion, has stated that he is presently investing as much as 100 hours per week into the Solana project.
A lot of people tagged the YouTube co-founder on social network X (formerly Twitter), which made Steve Chen change his mind about diving into memotoken-related topics, he claims.
Since its March release on the Solana network, the PAJAMAS memcoin has seen a 37% increase in value in the last 24 hours, according to data from the CoinGecko platform. That led to the coin's market cap going beyond $29 million.
$SOL
A lot of people tagged the YouTube co-founder on social network X (formerly Twitter), which made Steve Chen change his mind about diving into memotoken-related topics, he claims.
Since its March release on the Solana network, the PAJAMAS memcoin has seen a 37% increase in value in the last 24 hours, according to data from the CoinGecko platform. That led to the coin's market cap going beyond $29 million.
$SOL
$SOL
According to the Solana team, PayPal—the coin's issuer—launched its stablecoin on their network. According to the management, the company's decision was based on the blockchain's low commissions and high speed.
"The expansion of PYUSD to the Solana Network furthers our mission to create a stable value digital currency for commerce and payments," said José Fernandez da Ponte, Senior Vice President of Digital Assets at PayPal.
According to the Solana team, PayPal—the coin's issuer—launched its stablecoin on their network. According to the management, the company's decision was based on the blockchain's low commissions and high speed.
"The expansion of PYUSD to the Solana Network furthers our mission to create a stable value digital currency for commerce and payments," said José Fernandez da Ponte, Senior Vice President of Digital Assets at PayPal.
A new all-time high of $0.009744 has been reached by the price of memcoin Turbo (TURBO), which was built using the famous chatbot ChatGPT and powered by artificial intelligence (AI).
Launched with a $69 budget, the "meme" coin's market value reached $540 million one year later.
There has been a 1,283% increase in the TURBO rate in the last 30 days. The asset surpassed its all-time high (ATH) yesterday, May 28. However, the price of memcoin has fallen by 18% since then, and it is now trading at $0.007767.
$AI
Launched with a $69 budget, the "meme" coin's market value reached $540 million one year later.
There has been a 1,283% increase in the TURBO rate in the last 30 days. The asset surpassed its all-time high (ATH) yesterday, May 28. However, the price of memcoin has fallen by 18% since then, and it is now trading at $0.007767.
$AI
In a press release, medical technology company Semler Scientific revealed that they had spent $40 million for 581 BTC.
A "primary Treasury reserve asset" since it is "a reliable store of value and an attractive investment," the company claims of digital gold.
The market value of Bitcoin has surpassed $1 trillion, making it a significant asset class. The company's chairman of the board, Eric Semler, expressed his belief that the asset possesses the qualities of a rare and limited edition that can be a reliable hedge against inflation and a refuge during periods of global instability.
$BTC
A "primary Treasury reserve asset" since it is "a reliable store of value and an attractive investment," the company claims of digital gold.
The market value of Bitcoin has surpassed $1 trillion, making it a significant asset class. The company's chairman of the board, Eric Semler, expressed his belief that the asset possesses the qualities of a rare and limited edition that can be a reliable hedge against inflation and a refuge during periods of global instability.
$BTC
There are some intriguing market signals coming from BONK right now. One the one hand, investors' declining open interest confirms a known flight of capital from the futures market.
Open interest fell nearly 20% in the last week, from $13.8 million to $11.1 million, according to data from the Coinglass platform.
Having said that, long positions continue to dominate, as shown by the positive funding rate. The positive trend will counteract the negative impact of the open interest decline if it persists throughout the week.
It is highly likely, according to analysts, that the token price will break through to $0.00004500 or even higher, enabling it to set a new high this year.
$BONK
Open interest fell nearly 20% in the last week, from $13.8 million to $11.1 million, according to data from the Coinglass platform.
Having said that, long positions continue to dominate, as shown by the positive funding rate. The positive trend will counteract the negative impact of the open interest decline if it persists throughout the week.
It is highly likely, according to analysts, that the token price will break through to $0.00004500 or even higher, enabling it to set a new high this year.
$BONK
Financial experts and analysts are currently misleading family investors, according to Robert Kiyosaki. According to him, they persuade people that bonds are a good investment because of how safe they are.
But the American businessman claims that tens of millions of investors will soon lose a lot of money due to the commercial real estate market's inability to pay loans and the depreciation of AAA bonds.
Bitcoin, gold, and silver are real assets, and Robert Kiyosaki has repeatedly warned investors to purchase them before their prices explode.
$BTC
But the American businessman claims that tens of millions of investors will soon lose a lot of money due to the commercial real estate market's inability to pay loans and the depreciation of AAA bonds.
Bitcoin, gold, and silver are real assets, and Robert Kiyosaki has repeatedly warned investors to purchase them before their prices explode.
$BTC
$ETH
When I looked at the exchange balances, I saw that the number of Ethereum coins that can be traded has increased significantly. More than 242,000 ETH, or $906 million at today's exchange rate, were sent to the cryptocurrency wallets of trading platforms during the previous two weeks.
This points to a rise in exchange trading activity, which might cause the Ethereum rate to become more volatile.
When I looked at the exchange balances, I saw that the number of Ethereum coins that can be traded has increased significantly. More than 242,000 ETH, or $906 million at today's exchange rate, were sent to the cryptocurrency wallets of trading platforms during the previous two weeks.
This points to a rise in exchange trading activity, which might cause the Ethereum rate to become more volatile.
Trader Kevin, whose real name is OG Yomi, forecasted that Dogecoin's (DOGE) price would surge 32% by May 25th.
As of right now, the price of dogecoin is forming a tight cluster at the neck, figure, inverted head and shoulders level. According to Kevin's prediction, the asset's value will surge to $0.22 within one to two days after this barrier is broken.
So, according to Kevin, Dogecoin will undoubtedly reach $0.22 after surging past the $0.173 resistance and a head-and-shoulders move from the upper neck line. Then the value of the cryptocurrency will increase by 32% from where it is now.
$DOGE
As of right now, the price of dogecoin is forming a tight cluster at the neck, figure, inverted head and shoulders level. According to Kevin's prediction, the asset's value will surge to $0.22 within one to two days after this barrier is broken.
So, according to Kevin, Dogecoin will undoubtedly reach $0.22 after surging past the $0.173 resistance and a head-and-shoulders move from the upper neck line. Then the value of the cryptocurrency will increase by 32% from where it is now.
$DOGE
