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Showing posts from May, 2024

Top Crypto to Invest in Right Now May 18 – Optimism, Jupiter, Ronin 

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Recent movements in the cryptocurrency market suggest a bullish trend, with several altcoins witnessing significant gains, fueling anticipation of substantial returns. This article analyzes tokens poised for considerable growth, offering insights into the factors propelling their potential ascent. Top Crypto to Invest in Right Now ORDI has demonstrated profitability, with its price currently at $41.31, reflecting a 10.09% increase in the last 24 hours. Meanwhile, RON’s price is $2.79, showing a 3.90% increase within the same timeframe. Furthermore, Optimism has recently garnered significant investor interest due to its promising advancements. It showcased impressive network metrics, leading to a notable 9% uptick in the value of its OP token. 1. ORDI (ORDI) ORDI allows users to inscribe digital content onto each Satoshi of Bitcoin using the Ordinals protocol. This protocol provides a secure, decentralized way for creators, artists, and businesses to authenticate and protect their i

Will the USDC outperform USDT in 2024?

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The stablecoin Circle USD (USDC) has been growing in market share and approaching the undisputed leader, Tether USD (USDT). Ongoing regulatory developments threaten Tether’s presence in key markets, which could affect the company’s flagship product. Notably, Circle launched the USDC in September 2018 in a stablecoin market highly dominated by USDT. Over the years, traders and investors welcomed the competition, considering growing concerns about Tether’s reserves and redeemability.  In over five years, the USDC has increased its market cap to $33.34 billion, becoming the sixth-most valuable cryptocurrency. Meanwhile, the USDT grew even more to $111.22 billion and kept third place among the most valuable cryptocurrencies. Picks for you U.S. banking giants experiment tokenization with this cryptocurrency 2 mins ago Buy signal for two strong cryptocurrencies this week  1 hour ago 2 cryptocurrencies to avoid trading next week 3 hours ago Commodity veteran say

Bitcoin Price Prepares To Head For The $70,000

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May 17, 2024 at 10:21 // Price Author Coin Idol The price of Bitcoin (BTC) rose above the 21- and 50-day SMA resistance levels for the first time on May 15, 2024. Long-term forecast for the Bitcoin price: bearish The rally has broken the 21-day SMA and prevented the bears from defending it. Bitcoin bulls have made two unsuccessful attempts to break above the 21-day SMA resistance. On May 15, Bitcoin rose to a high of $66,500 before retreating and retesting the 50-day SMA support. The largest cryptocurrency is on the verge of rising again after a successful test

Can Sealana Repeat Slothana’s Success and Become the Next Big Solana Meme Coin?

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The Solana blockchain Features intriguing projects, with two recently drawing attention: Slothana (SLOTH) and Sealana (SEAL). Slothana recently launched and swiftly surged last week, hitting an all-time high before a recent correction, while Sealana is currently in presale. While Slothana has demonstrated growth potential, Sealana is still a newcomer. The question is, which of these cryptos could emerge as the next big Solana meme coin? Let’s delve into the reasons behind Slothana’s price surge and the enthusiastic presale support for Sealana. Slothana price prediction The buzz about Slothana has been huge since its presale, where the meme coin raised over $15 million in just a few weeks. After the success of the sloth-inspired meme coin Slerf, investors saw Slothana’s potential right away. The early investors who bought in during the presale seem to have made a smart move. Like many new meme coins, $SLOTH saw a small drop after it launched. But after hitting a low of $0.0062,

CME Group To Launch Bitcoin Trading Amid High Demand

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In the changing face of finance, CME Group, the world’s largest futures exchange, is preparing to delve into Bitcoin trading. Based in Chicago, this industry giant is strategically aligning itself to cater to the growing interest among Wall Street money managers in delving into the crypto currency market. According to reports, CME Group has been in talks with traders eager to engage in Bitcoin transactions within a regulated environment. While the plan is still pending finalization, its potential implications mark a significant milestone in the widespread adoption of digital assets. This strategic shift by CME Group mirrors the ongoing convergence of traditional finance with the burgeoning world of crypto currencies. The company’s entry into Bitcoin trading closely follows the green light from the U.S. Securities and Exchange Commission in January for stock market funds directly investing in BTC. This regulatory approval has paved the way for established financial institutions

Alchemy Pay Integrates into Core DAO

Core, a Bitcoin-powered, EVM-compatible Layer 1 blockchain that blends Delegated Proof-of-Work (DPoW) and Delegated Proof-of-Stake (DPoS), has integrated Alchemy Pay as a ramp service provider. This partnership facilitates easy fiat-to-crypto and crypto-to-fiat transactions within the Core ecosystem. Developers and users can now access Alchemy Pay’s On & Off-Ramp services through the Core platform’s “Explore-Ecosystem” portal under the “Ramp” category. This integration allows Core users worldwide to buy and sell cryptocurrencies using their local fiat currencies seamlessly. Expanding Accessibility for $CORE The partnership extends beyond just user convenience. Alchemy Pay’s platform now directly supports $CORE, allowing users to buy and sell the token using their preferred fiat currency. This widens accessibility and fosters a smoother user experience for those interested in interacting with the Core blockchain. Seamless Fiat-to-Crypto Transactions Alchemy Pay’s on-ramp solution is

Crucial Decision Coming for Bitcoin, Says Crypto Trader Michaël van de Poppe – Here’s His Outlook

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A widely followed crypto strategist and trader says that it’s almost time for Bitcoin (BTC) to reveal its hand. Analyst Michaël van de Poppe tells his 718,100 followers on the social media platform X that Bitcoin is at a point where it either attacks a new all-time high or sees another big sell-off event. According to the trader, Bitcoin must hold its immediate support at $60,500 to have a shot at igniting a big burst to the upside. Otherwise, he predicts BTC heading close to $50,000. “Crucial decision is approaching for Bitcoin. The range low at $60,500-$61,000 is still holding up for Bitcoin, through which breaking $63,000 is the next barrier for a new run toward the all-time high. If $60,500 is lost, I think we’ll see $52,000-$55,000 as the next support zone.”  Source: Michaël van de Poppe/X At time of writing, Bitcoin is worth $61,514, down nearly 2% in the last 24 hours. The analyst is also keeping a close watch on the TOTAL2 chart, which traders use to

Roaring Kitty’s New Return: Meme Stocks and Crypto Coins Explode

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In the financial world, few stories are as captivating as that of Keith Gill , also known as Roaring Kitty . This former financial analyst turned stock influencer sparked the 2021 GameStop (GME) short squeeze, shaking Wall Street and capturing global attention. After a significant hiatus, Gill has recently returned to social media, reigniting interest in both traditional and crypto markets. Roaring Kitty is BACK! What does this mean for the markets? pic.twitter.com/z6ck7PxFmi — Coin Bureau (@coinbureau) May 14, 2024 Who is Roaring Kitty? Known under the alias “DeepFuckingValue,” Gill became a hero on platforms like Reddit and YouTube . He was a vocal advocate for GameStop, a company largely considered faltering at the time. Many institutional investors and hedge funds had shorted GME, expecting its value to decline. However, the narrative took a sharp turn when GME shares, initially valued at around $5.16, surged to exceed $490 in 2021. This price inflat

What is Notcoin, the rarely supported by both Binance and OKX?

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Author: Chain Teahouse Compiled by: Wublockchain Original link: https://mp.weixin.qq.com/s/OpmeLQ39zWJPOHeeVtxAHQ 1. Project Introduction Notcoin is a click-based game on Telegram, very popular and built on the TON blockchain, known for its simple gameplay and the promise of actual cryptocurrency rewards. In the game, players need to periodically click a token icon while capturing rockets to accelerate upgrades. The gameplay is not limited to single clicks but includes team cooperation, scoring leagues, energy management, and referral rewards. Furthermore, Notcoin also has an “earn” system where players can earn Notcoin by completing advertising tasks. Players can speed up the collection of coins through various boosts, such as full energy boosts and multi-click boosts. Since its launch on January 1, 2024, it has surged in popularity, with over 30 million participants and an average daily active user count of 5 million, making it the fifth-ranked channel on Telegram. 2. How It Works 1.

Tether Expands Commitment to Eastern European Markets with New Investment in CityPay.io

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On May 8, 2024, Tether Operations Limited, a leading entity in the digital asset sector, reinforced its operational footprint in Eastern Europe through an enhanced investment in CityPay.io, a prominent payment processor active in over 2000 locations within Georgia. This financial commitment follows a prior investment made in 2023, marking Tether as the first stablecoin company to fund the Georgian payment solutions enterprise. CityPay.io’s Expansion Plans and Tether’s Strategic Investments CityPay.io is renowned for providing a fluid payment process to both consumers and businesses, enabling the use of cryptocurrencies for transactions at various venues, including Radisson Hotels. The company has ambitious plans for the next two years, aiming to launch innovative e-wallet and card services that are expected to attract more than 400,000 users. Additionally, CityPay.io is set to establish over 500,000 new cryptocurrency payment points in its targeted expansion areas. Our initial colla