Author: Ellen Grigsby

An organization that tracks cryptocurrency, Santiment, claims that traders are keeping a close eye on the Ethereum sector and making predictions about the ETH ETF’s future. It appears like a lot is riding on it. Santiment has produced a list of top ERC-20 coins that are developing more quickly in the interim, with the focus still being on the SEC’s ruling. Santiment brings up the coin $LINK, which is the traditional token of Chainlink, the company that now occupies the top spot. Chainlink serves as a foundation for technology and cryptocurrency and offers blockchain-focused enterprises communication options about external data.…

The Ether ETF’s certification has sparked renewed interest. This resulted in significant gains for three specific tokens: Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The current month is bullish, with every token having the potential to reach a new all-time high in the coming days. In fact, Bitcoin is already on track to surpass $74,000, and ETH is trading at over $3,600. Major milestones are $75,000 and $4,000, respectively. The timing is uncertain, and an actual achievement may be postponed, given predictions that the first rate cut may occur later this year. It is significant how the vibes are surrounding…

Shiba Inu (SHIB) just passed important milestones, briefly signaling a buy sentiment and the possibility for a 25% increase. The rally is accompanied by volatility and uncertainty in the cryptocurrency market. Nonetheless, the sentiment of purchasing SHIB is clearly prevalent. The current listing for SHIB is $0.00002544, representing a 6.165 percent rise in the last 24 hours. It also indicates a 6.95% increase in the last seven days and a 5.71% decrease in the last thirty days. The closest resistance is $0.0000315, while the optimal support level is $0.0000210. Moving below the support margin could potentially lead to a bigger…

Bitcoin has seen a significant increase in value, climbing 16% month to date and is selling at over $43,000. This upward trend has been mostly related to favorable market sentiment fueled by a number of key factors, including the expectation of spot Bitcoin ETF approvals and considerable investments from major institutional players. Bitcoin’s recent strong performance has been fueled by high hopes for the SEC’s approval of spot Bitcoin exchange-traded funds (ETFs). Notably, BlackRock and Fidelity have positioned their Bitcoin ETFs as top performers in the US market, attracting significant inflows and increasing investor trust. Increased demand has fueled Bitcoin’s…

The charge required to perform a transaction or contract transaction on the Ethereum blockchain is referred to as gas. Fees are paid in ether, a small fraction of cryptocurrency known as gwei (10-9 ETH). The resource supplier is compensated in “Gas” to authenticate the transaction’s consumption. Ethereum’s gas costs have a significant impact on the blockchain transactions that enable smart contracts and Decentralized Applications (dApps). They provide pay to Ethereum network miners for devoting computer resources to a specific transaction in order to prioritize transactions. Understanding gas fees is critical for individuals involved in the Ethereum ecosystem, as they have…

The release of Ouroboros Genesis marks a critical milestone in the development of Cardano’s main consensus mechanism, Ouroboros. This update is intended to protect users who have recently joined or returned to the network. The Cardano blockchain is based on the Ouroboros protocol, which has undergone multiple upgrades since its creation. Ouroboros Classic, considered the pioneering, provably secure proof-of-stake protocol at the time, served as the cornerstone. Ouroboros BFT, a stopgap solution for the Byron update during that time, followed. Then, Ouroboros Praos upgraded Classic’s features by increasing security measures and introducing a degree of randomness for the nodes in…

In a recent interview with The Shib Daily, Special, the moderator for both Discord and Telegram at Shibarium Tech, revealed how the organization is cautious about giving updates on its numerous initiatives. This comprehensive strategy aims to strike a balance between transparency and confidentiality in order to defend Shibarium’s integrity and competitive edge. One example is how they handle the integration of ShibaSwap into their platform. Special highlights the velocity with which information spreads in today’s digital world. He underlined the importance of knowing when and how to disseminate information because there is a delicate line between being timely and…

The Dutch court convicted Alexey Pertsev of money laundering and sentenced him to 64 months in prison. A three-judge bench issued the decision against the Tornado Cash constructor for money laundering, totaling $2.2 billion in illegal assets. The lawyers have a 14-day period to react. Pertsev is known to have already served 8 months; the time duration will be altered in accordance with the current sentence. This will set a precedent for privacy issues involving decentralized finance and open-source software used by users with financial privacy toolkits. Both sides debated in court, with one claiming Pertsev’s innocence and the other…

PEPE, the deflationary memecoin on Ethereum, has reached unprecedented heights in its journey. In the early hours of May 14th, PEPE set a new all-time high of $0.000011, a huge +37500% rise from its all-time low. Many investors have been optimistic about the token’s growth after the Bitcoin halving, with many analysts forecasting an all-time high for the frog token. PEPE is ranked 23rd on CoinMarketCap and has seen a 26% growth in value over the last two weeks, putting it as one of the top-performing memecoins for 2024. Pepe coin’s price has risen significantly, as has trading volume. PEPE’s…

OKX has confirmed the formation of OKX Australia Pty Ltd., which will open an office in Sydney in May 2023. OKX provides spot and derivatives in the region. The spot offering is open to all users. Derivative trading is limited to confirmed wholesale clients only. The exchange platform enables for direct deposits and withdrawals of Australian dollars. The aforementioned fiat currency is also eligible for the purchase of 85 tokens and 170 cryptocurrency spot pairs. OKX Australia supports a variety of tokens, including Bitcoin, Ethereum, and Solana. As operations in Australia continue, more tokens are expected to emerge. Australian banks…

Rain, a controlled bitcoin exchange in Bahrain, was hacked. The exchange is essentially a user-friendly link that adheres to Islamic finance fundamentals. Rain offers trading pairings for numerous cryptocurrencies, including Bitcoin, Ethereum, and many others. It addresses the country’s acute need for digital assets. According to ZachXBT, a well-known crypto investigator, on May 13th, a hacker stole about $14.1 million in cryptocurrency assets including Bitcoin, Ethereum, Solana, and XRP, among others. The Rain cryptocurrency exchange suffered losses. According to the investigation’s findings, the hackers were able to transfer the siphoned-off Ethereum (ETH) coin via the UniSwap crypto exchange immediately following…

In an unexpected twist that mimics tales of buried wealth, an ancient Bitcoin wallet that has been inactive since 2011 reactivates, sending $30 million in Bitcoin. This unexpected episode has piqued the interest of those involved in the world of bitcoin. The timing was right, as the current value of Bitcoin is around $61,000 per unit, a significant gain from the original purchase price of roughly $2 over 10 years ago. The narrative of this wallet is a vivid example of the many different pathways that can be taken in the volatile and perilous world of bitcoin trading. At its…

Bitcoin (BTC) is currently priced at $62,662.70, a decline of 1.05% from the previous week. Many cryptocurrency traders perceive this period of relative calm as a precursor to a potentially significant collapse. However, a new analysis by Rekt Capital, a well-known cryptocurrency expert, says that the price level of $60,600 may serve as a steady milestone for Bitcoin trading, perhaps leading to future price increases. Researchers compared Bitcoin’s post-halving performance with data from 2016. Notably, in 2016, there was an 11% drop roughly three weeks following the Halving incident, indicating greater volatility. In 2016, Bitcoin fell 17% below the Re-Accumulation…

Whales in the PEPE ecosystem are beginning to accumulate the drop, which is likely a predicted action, since the crypto market is poised to rise as BTC exits its consolidation stage. The domino effect indicates that altcoins are making moves on price charts. While the range is modest, there is a probability that an upward trend will emerge in the following 2-3 months. To clarify, that is only a possibility, with volatility being a factor that is highly likely to ruin the fun at any time. PEPE is aiming to surpass its ATH of $0.000009977, which it recently reached on…

Cardano is testing its prior resistance level. Any additional decline could force ADA to lose its position in the top ten cryptocurrency rankings around the globe. Cardano’s current market capitalization is $15.9 billion, up 1.77% as of the writing of this article. The 24-hour trade volume has increased by 45.11 percent. However, the focus is on the token value, which is still testing the $0.44 resistance level. As of press time, ADA was trading at $0.4464. This represents a 1.78% increase in the last 24 hours, but a decrease of 4.56% in the previous 7 days and 11.70% in the…

Bitcoin (BTC) is still far from its recent all-time high of over $74,000. However, there is a palpable sense of hope in the cryptocurrency industry. This is based on two technical indicators: the MVRV Z-Score and the Fear and Greed Index. The former has a rating of 1.87, whereas the latter has 71 points under the Greed category. If MVRV shows signs of a forthcoming upsurge, the FG Index suggests that now is a good time to buy more BTC tokens. MVRV Score is commonly regarded as a more accurate indication. Bitcoin peaked at 10.4 in December 2017 and 3.66…

Elon Musk, the world’s premier business magnate and investor, has always supported Dogecoin. He is currently on a unique mission to increase Dogecoin’s utility in his creative business projects. Tesla has begun accepting Dogecoin as payment for its merchandise, coinciding with Musk’s visit to the Berlin Gigafactory, where the concept originated. This announcement on the Tesla website caused a price increase for Dogecoin once crypto enthusiasts noticed the upgrade. Musk’s social media vehicle, Twitter, now rebranded as X, lays the groundwork for bitcoin use and widespread worldwide adoption. X is now obtaining payment licenses across the United States, and the…

The bitcoin sector is full of opportunities and growth. However, determining which projects have the greatest potential can be tricky. However, BEFE coin has emerged as one of the most significant cryptocurrencies on the market. BEFE, despite being a memecoin, has discovered ways to bring together a community of aficionados while expanding the utility of cryptocurrency. BEFE is focused on expanding blockchain technology and improving people’s perceptions on memecoins. Let’s find out what drives the BEFE coin and whether it’s headed for a bright future. Addressing the needs of the DeFi world With its inception in November of last year,…

ETFSwap (ETFS) has attracted widespread attention among cryptocurrency investors after a Dogecoin billionaire invested $500,000 in its extraordinarily successful presale. This rising token appears to be more than just another entrant in the cryptocurrency race, with the potential to generate the next generation of crypto millionaires. From Small Stakes to Dogecoin Millionaire. Glauber Contessosto, a well-known figure in the crypto community, became a Dogecoin billionaire in an almost impossible manner after receiving loans to invest in Dogecoin (DOGE). His wealth skyrocketed after Elon Musk, the CEO of SpaceX and Tesla, began to post about Dogecoin (DOGE) on X (previously Twitter),…

Bitvavo, Europe’s well-known and regulated Sweat Economy, announced the introduction of $SWEAT, the original Sweat Economy coin. This latest Bitvava trading platform improvement opens up new opportunities for expansion and the growth of the $SWEAT token’s presence in the cryptocurrency market. Bitvavo, which stands for its excellent security mechanisms and commitment to regulatory rigor, offers a full cryptocurrency trading platform. The exchange includes advanced security measures such as multi-signature cold storage to provide the maximum protection of users’ assets, with the majority of cash held offline and away from online risks. Bitvavo also concentrates its security efforts on establishing bank-grade…