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Whale To Dump Bitcoin Price? The global crypto market printed red indexes on Wednesday as altcoins followed Bitcoin price decline. BTC price dropped by around 3% in the last 24 hours to lose the crucial $27,000 mark. Bitcoin is trading at an average price of $26,930, at the press time. advertisement James Straten, a data analyst reported that the crypto market registered a major sell off on Tuesday. Data depicts that almost $400 million worth of Bitcoin were sold on Tuesday. It is being reported as the fifth highest sell off this year. He suggested that this primarily comes from Coinbase, the US biggest crypto exchange. Source: Glassnode He suggested that rising U.S. Dollar Index (DXY) and decreasing liquidity regarding the debt ceiling might lead a short term bear market conditions. As per the data, crypto whales shuffled around 16K Bitcoin (approx worth $428.6 million) over Coinbase. However, the biggest transaction recorded by the tracker has

Join Our Telegram channel to stay up to date on breaking news coverage PancakeSwap (CAKE), a decentralized cryptocurrency exchange and yield farming machine, has shared the details of its new play-to-earn game.  PancakeSwap (CAKE) Launches its Play-to-Earn Game: Pancake Protectors  The exchange has become the first DEX to launch its play-to-earn game – Pancake Protectors , on the mainnet. The official statement by the PancakeSwap (CAKE) team invites all decentralized video gaming enthusiasts to participate in exciting gameplay with fictional characters, engage in PvP battles for towers, and take part in tournaments, among other activities.  🎉 The official launch of Pancake Protectors has arrived! 🛡 Unite your heroes, protect your territories, and claim victory! 🦸 🎮 Immerse yourself in the captivating world of tower defense gameplay now: https://t.co/gq5947psCe 🐰 Holders of PancakeSwap Bunnies & Squads gain… pic.twitter.com/D0hAwPcWQB — PancakeSwap🥞Ev3ryone’s Fa

South Korea Seeks to Enable Real-Time Monitoring System on Binance The National Police Agency will hold a virtual asset exchange working meeting with Binance and the top 5 Crypto exchange s in South Korea (Upbit, Bithumb, Coinone, Korbit, and Gopax) on May 30, reported local news media. The agency seeks to enable a criminal investigation system for real-time monitoring of wallet addresses and request fund freezing on Binance . advertisement The move comes as Binance acquired a majority stake in Gopax to re-enter the South Korean crypto market earlier this year. The world’s largest crypto exchange Binance has its own team that monitors and reports bad actors to law enforcement. In fact, Binance provided training to government agencies to combat crypto crimes and make the exchange well-established in compliance with regulators. In October, National Police Agency entered into business agreements with the top 5 Crypto exchange s to enable a virtual asset exchange

Attorney Deaton and Ripple CTO David Schwartz do not think a settlement will stop the public from accessing Hinman’s documents. Judge Analisa Torres’ decision on Hinman’s emails has prompted discussions and speculations within the XRP community. Recall that on May 16, Judge Analisa Torres denied the SEC ’s motion to seal the emails and drafts relating to the controversial 2018 cryptocurrency speech by William Hinman, former director of SEC ’s Corporation Finance.  According to the court’s ruling, the drafts of Hinman’s speech are expected to be made public on June 13. Despite the ruling, several XRP enthusiasts still speculate that the commission might settle with Ripple to prevent the documents from being made public.  Ripple CTO Reacts However, Ripple CTO David Schwartz does not believe the blockchain company has the authority to agree to keep the documents confidential.  According to Schwartz, Judge Torres has already ruled that Hinman’s emails and drafts are judici

A leading finance outlet predicted that Shiba Inu could hit $1 in 365 days and deliver life-changing gains to investors. The story titled ‘ 3 Cryptos to Hit $1 in 2023 ‘ was published this week predicting enormous gains for SHIB. Another top finance outlet forecasted that both SHIB and Cardano (ADA) might touch $1 by the end of the year. While the numbers are good to imagine, the truth is far from reality. Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check Source: Coingecko Shiba Inu is currently trading at $0.00000848 with an extra ‘zero’ it added to the indices in early May. Its price is mostly moving backward than forward in Q2 of 2023 causing losses to investors. In addition, investors are skeptical of buying the dips as fears of another crash loom. Will Shiba Inu Reach $1 In The Next 365 Days? Source: Reddit The possibility of Shiba Inu hitting $1 next year is close to impossible at this time. For SHIB to reach $1, 99% of its supply nee

The highly anticipated TMS Network (TMSN) has sparked a frenzy among cryptocurrency enthusiasts, but an undisclosed factor is casting a shadow over ApeCoin (APE) and Cosmos (ATOM). As the crypto market braces for potential volatility, a secret ingredient within the TMS Network (TMSN) ecosystem emerges as a key player. This article will assess the latest updates on ApeCoin (APE) and Cosmos (ATOM), while highlighting the reasons why TMS Network (TMSN) stands out as the ideal selection for crypto enthusiasts. ApeCoin (APE) ApeCoin (APE) is a cryptocurrency that operates on blockchain technology, aiming to revolutionize the decentralized finance (DeFi) space. It offers users the ability to participate in a range of financial activities, such as staking, lending, and yield farming.  With its unique features and a growing community, ApeCoin (APE) aims to provide individuals with greater control over their financial assets and empower them in the world of decentralized finance.

Santiment tweeted this morning that traders are experiencing a common paradox where they eagerly purchase small dips in the short-term price changes in BTC but are hesitant to buy into larger dips over a longer period. The post added that periods with this level of FUD have historically presented good opportunities for investors to capitalize on. Frequency of ‘Buy the Dip’ mentions (Source: Santiment) Data from Santiment shows that the second week of March 2023 saw modest levels of enthusiasm from traders as the price of Bitcoin (BTC) dipped slightly. This is a stark contrast to the most recent dip which saw the market leader’s price drop below $26K, resulting in low levels of enthusiasm from traders and investors. At press time, BTC’s price traded above the $26K mark at $26,355.06, according to CoinMarketCap. This was after it experienced a 0.38% gain over the previous 24 hours. This positive price movement was unable to flip the leading crypto’s weekly performance bac

SaucerSwap launches Sauce Pro enhancing the SaucerSwap experience. SAUCE Pro is a Software-as-a-Service (SaaS) model that offers advanced features to users through an affordable and high-value monthly subscription paid in SaucerSwap’s protocol token SAUCE. The service enhances the first-in-class UX of SaucerSwap by providing an optional feature set for active users of the platform. Current smart contract and front-end functionality will not be monetized through this model, nor will the core maintainers cease to expand upon these offerings. This means that swap fees, farm yields, price quotes, existing UI, etc. will remain the same for all users, independent of SAUCE Pro. Likewise, upcoming Features  such as the CLMM, MetaMask integration, and Community Pools will be open to all. In other words, SaucerSwap will always be free to use, thereby upholding the permissionless ethos of DeFi integral to the ecosystem. SAUCE Pro assigns a novel payment function to the SAUCE token, creating tangi

Also Read: Tons Of Server May Get Hit If XRP Ledger Passes These Amendments advertisement As per court filings, Attorney Kylie Chiseul Kim has filed the letter to withdraw as counsel for Ripple Labs. It stated that Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., and Debevoise & Plimpton LLP will continue to be counsel for the defendants. However, the court has granted the motion. This move comes in when the crypto industry is eagerly waiting for the public release of the infamous Hinman speech linked documents. (THIS IS A DEVELOPING STORY) Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read

The Solana Foundation, the non-profit organization behind the layer-1 blockchain, has announced the integration of ChatGPT into its network. In an update, Solana noted that a new plugin will let users interact directly with Solana from ChatGPT. Using its Twitter handle, Solana officially announced that the ChatGPT plugin is now available on GitHub for download. 1/ @SolanaLabs' ChatGPT plugin, which makes it the first layer 1 blockchain to integrate with AI, is now available via a Github download. https://t.co/Q0euNNhduH — Solana (@solana) May 23, 2023 According to information on the Solana website, the newly launched plugin will allow users to check wallet balances, transfer tokens, and even purchase NFTs. In general, the initial implementation of the AI plugin gears toward end users. Solana plans to focus on helping them onboard effectively into the Web3 space. Solana co-founder, Anatoly Yakovenko, believes that AI integration should be every developer’s business

The Bitcoin price prediction shows that BTC is trading at $27,219 as the coin seems to be preparing for an upward movement. Bitcoin Prediction Statistics Data: Bitcoin price now – $27,219 Bitcoin market cap – $526.8 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $34,000, $36,000, $37,000 Support Levels: $21,000, $19,000, $17,000 BTC/USD is likely to cross above the 9-day and 21-day moving averages at $27,219 as the coin prepares to follow the upward movement. At the time of writing, the king coin is likely to extend toward the resistance level of $28,000 if the bulls put in more effort. Bitcoin Price Prediction: Bitcoin (BTC) May Hit $28k Resistance The Bitcoin price could begin to head toward the upside as the king coin moves to cross above the 9-day and 21-day moving averages, any further bullish movement above this bar

Scammers seem to have taken the opportunity of Meme Coin mania to create and liquidate their fake tokens and drain millions of dollars of investors. According to the PeckShieldAlert research, there has been a huge spike in Meme Coin rug pulls in the last 10 days. advertisement These meme coins rug pulled their investors PeckShield listed 24 fake meme tokens, including BENS, PSYOP, FOG, TINDER, and WorldCoin that had their liquidity removed in the last 10 days. These all tokens emerged from the ongoing Meme Coin mania as these terms trended on social media for some reason or another. SEI token, which was created earlier today, has already had its liquidity removed. PeckShield reported that SEI token scammers initially funded 5.19 $ETH from OKX exchange, pumping the token’s price to lure investors and then draining the pool. Bitcoin pizza day launched a slew of fake coins Fake token’s issuers profited over $200,000 from pizza-related rug pulls on t