Ethereum Accumulation Accelerates – Smart Money Snaps Up 450K ETH
Ethereum is now at a pivotal moment following last week’s explosive rally that pushed prices above several key resistance levels. After surging past $2,700, ETH has pulled back and is now consolidating above the $2,400 mark. This zone has become a critical battleground between bulls looking to confirm a...
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Tether tightens grip as stablecoin market cap hits $243b
Stablecoins, like Tether USD Coin, continued their strong growth this week, with their market capitalization hitting a record of $243.8 billion. These coins have added over $38 billion in assets since they started the year with $240 billion. Tether (USDT)…...
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Shiba Inu 1,000-Day Consolidation To End In 400% Pop To New All-Time Highs – Analyst
Crypto analyst Andy has predicted that the Shiba Inu price could soon rally to new all-time highs (ATHs). He remarked that the meme coin appears poised to break out from a 1000-day consolidation pattern, which could spark this parabolic rally. Shiba Inu Set For Potential Breakout After 1000-Day Consolidation...
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ETH Dips Into Undervaluation Zone, Is Altseason Around the Corner?
Ethereum’s price metrics are flashing signals that suggest that the long-awaited altcoin season (altseason) may be around the corner. According to a report by the market analytics platform CryptoQuant, the relative price of ether (ETH) compared to bitcoin (BTC) may have seen the bottom for this cycle. Previously, such...
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New XRP ETF hits an inflow record as XRP price wavers
A recently launched leveraged XRP ETF (exchange-traded fund) continued adding assets last week even as the XRP price retreated. The Teucrium 2x Long Daily XRP ETF, whose ticker symbol is XXRP, has accumulated over $106 million in assets since its…...
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Could This Viral Presale Explode? — Plus 2 More Crypto Picks for May and June
As crypto markets continue to rebound and investor sentiment strengthens, the appetite for early-stage opportunities has surged. Among the noise, one name has risen sharply through the ranks: Nexchain.ai, a cutting-edge Web3 project that’s igniting headlines and investor interest alike. Alongside it, emerging tokens like Punisher and Solaxy are...
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Moody’s cuts US credit rating, Bitcoin doesn’t flinch
Bitcoin price remained in an extended consolidation after the U.S. lost its last triple-A credit rating on Friday. Bitcoin (BTC) was trading at $103,000, 2.8% below its highest level this month. This slight pullback has brought its market cap to…...
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Africa Crypto Week in Review: Zimbabwe Blockchain Carbon Registry, ZAP Africa Rebuilding Trust in Nigeria
Africa crypto news: Zimbabwe launches a blockchain carbon credit registry to boost transparency, while ZAP Africa rebuilds trust in the Nigerian crypto market post-CBEX collapse. Will the proposed 5% U.S. remittance tax drive crypto adoption in Africa? The government of Zimbabwe is looking to use blockchain to re-establish the...
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Over $5B Pouring into Bitcoin ETFs – Thanks to Bold Directional Bets
Billions of dollars have flowed into the U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) in recent weeks, as the cryptocurrency chalked out a sharp recovery rally from $75,000 to $100,000. Most of the investment is likely driven by bold, strategic bullish directional bets rather than market-neutral arbitrage plays, data...
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Alabama Man Sentenced for Hacking SEC’s Social Media to Post Fake Bitcoin ETF News
A 26-year-old man from Alabama has been sentenced to more than a year in prison for his role in a social media hack that briefly sent the price of bitcoin BTC soaring. Eric Council Jr. of Huntsville pleaded guilty to charges tied to the January 2024 hack of the...
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