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A new altcoin connected to a viral game on the encrypted messaging platform Telegram printed fresh all-time highs this week after surging by nearly 160%. NOT is a community token for the popular Telegram-based tap-to-earn mining game Notcoin that began trading on May 16th when Binance rolled out support for the asset via its Launchpool platform, which lets users stake coins to farm new assets. Notcoin says it already has more than 1.6 million on-chain holders, more than the memecoins Shiba Inu (SHIB), Bonk (BONK) and Pepe (PEPE). The token is issued on The Open Network (TON) blockchain, which was initially developed by Telegram. The messaging platform parted ways with the chain in 2020 following a legal battle with the U.S. Securities and Exchange Commission (SEC). The Open Network, an open-source community of developers, took over management of the technology that year. TON, however, can still be sent by Telegram’s 700 million users within the platform without ...

Three new dog-themed cryptocurrencies are poised for long-term investment potential, with one on the verge of launch after a successful presale. These tokens offer the potential for high returns, following the success stories of Dogecoin and Shiba Inu, which have made some investors millionaires but also caused substantial financial losses for others. Dog-themed cryptocurrencies have consistently been a driving force in the meme coin ecosystem. Turbo (TURBO) Turbo token marks a groundbreaking milestone as the premier meme coin crafted by AI. It originated as a daring venture into the realm of cryptocurrency innovation. Fueled by the potential of artificial intelligence, the project’s visionary founder sought to tackle a unique challenge: tasking GPT-4 to forge the future of meme coins. This AI-powered meme coin, Turbo (TURBO), is making waves following its listing on Binance Futures. The USDT-margined perpetual contract for TURBO launched on May 30, 2024, offering traders up...

Demand for spot Ethereum ETFs (exchange-traded funds) will only be a fraction of what was seen for spot Bitcoin ETFs, JPMorgan said. Spot Ether ETFs may start trading as early as late June once the US securities regulator approves S-1 filings. But JPMorgan analysts predict that the initial market reaction to the products is “likely to be negative.” Spot Bitcoin ETFs broke records, with BlackRock’s iShares Bitcoin Trust hitting $20 billion in assets in under 137 days. But Ether ETFs will only attract between $1 billion and $3 billion in 2024, assuming they start trading before the end of the year, JPMorgan said. Ethereum ETFs are “Less Attractive” To Investors Without Staking The investment bank said that Ether ETFs will be “less attractive” to investors than they otherwise would have been because the US Securities and Exchange Commission demanded that issuers not provide staking yields. Investors might thus prefer platforms that generate yi...

Ethereum ( ETH ) has been the focus of attention for investors and traders as the weekend approaches. Following the recent market volatility and the subsequent pump in ETH ’s price, many are wondering how high the cryptocurrency can surge in the coming days. Prominent analyst Rekt Capital has provided a detailed technical Analysis of Ethereum’s price action, highlighting key resistance and support levels that could determine the cryptocurrency’s trajectory. Also read: Shiba Inu or Dogecoin: Which Meme Coin Will Soar Higher This June? Ethereum’s Weekly Close Below Crucial $3,956 Resistance According to Rekt Capital’s analysis, Ethereum has closed below the crucial green $3,956 level on the weekly timeframe, indicating that this level is still acting as resistance. For ETH to continue its upward momentum, it needs to close above this level on a weekly basis, similar to its performance in mid-2021. If Ethereum fails to reclaim the $3,...

The Joe Biden campaign has reversed its anti-crypto stance and is reaching out to crypto experts for input on crypto policy, The Block reported. Biden’s campaign is seeking input from crypto industry players regarding “crypto community and crypto policy moving forward,” sources with direct knowledge of the matter told The Block. T he outreach marks a major “shift” in Biden’s stance towards the digital asset industry, the sources added. That news comes as ARK Invest founder and CEO Cathie Wood said the sudden approval of spot Ethereum ETFs (exchange-traded funds) last week was triggered by politics. Joe Biden Campaign And Donald Trump Change Their Stance Towards Crypto The Biden Campaign’s sudden push to understand the crypto space comes after web 3 experts opposed the President’s plan to veto the repeal of SAB 121. It also follows former President Donald Trump’s shift from calling crypto “a very dangerous thing” in...

The unique meme coin Cheems has been grabbing headlines in the crypto community with its recent surge, up 6% today and an impressive 46% over the past week, demonstrating significant growth potential. Investors are watching Cheems coin closely to see if it can maintain its momentum and establish itself as a long-term player in the meme coin market Why Cheems is the new meme coin to watch Cheems stands out for its website’s unique design, which resembles a nostalgic old Windows desktop. This playful approach, with non-functional buttons for added charm, sets Cheems apart from other crypto projects. The roadmap is both humorous and ambitious, referencing a trip “To the Moon” and a “$69 Billion Market Cap” alongside a cryptic phrase hinting at future plans. Cheems originated from the popular “swole doge vs. cheems” meme. Initially a joke on X, the project gained unexpected traction. In May 2021, a video intended as amusement by “SatoChe...

Cardano (ADA) corrected gains and tested the $0.4520 support zone. ADA must stay above the $0.450 support to start a fresh upward move. ADA price is struggling to gain bullish momentum above the $0.4750 zone. The price is trading below $0.460 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.4570 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above $0.4620. Cardano Price Tests Support In the past few sessions, Cardano started a downward move after it failed to clear the $0.4750 resistance. ADA dipped below the $0.4620 support and tested the key support at $0.4520 like Bitcoin and Ethereum. A low was formed at $0.4516 and the price is now consolidating losses. There was a minor recovery wave above the $0.4550 zone. There was a break above a connecting bearish trend line with resistance at $0.4570 on the hourly chart...

Explore top investment opportunities and insights into these standout digital assets, and stay informed about their potential growth and market performance. Investors seek out high-potential tokens in the cryptocurrency market. InsideBitcoins compiles a daily list of top-performing tokens with strong prospects. This article highlights the best cryptocurrencies for investment, offering valuable insights into notable assets, emerging trends, and key factors to consider when developing your investment strategy. Best Crypto to Buy Right Now The Aptos blockchain recently achieved a significant milestone by processing over 115 million transactions within 24 hours. Moreover, the Dogeverse project offers a high annual percentage yield (APY) of 47%, attracting significant interest and raising over $15 million during its presale phase. Additionally, dogwifhat (WIF) recently gained 12.07%, surpassing its resistance level of $3.25. 1. Aptos (APT) The Aptos blockchain recently achieved a sign...

Onramp Now Supports Multiple Tokens on BNBChain, with a growing list of partners and a user base spanning the globe, Onramp Money is revolutionising the way people access and use digital assets. Users can now seamlessly buy and sell BNB, USDT, ETH, BTC, and over 300 other cryptocurrencies on BNB Chain through Onramp Money.This integration extends to popular platforms such as Bitget, Bybit, CoinEx, MetaMask, KuCoin, and more than 300+ partners worldwide. Whether you’re in India, Kenya, Turkey, UAE, Vietnam, Indonesia, South Africa, or any other supported region, you can easily transact in your local currency via instant bank transfers and local fiat currencies. As Onramp Now Supports Multiple Tokens on BNBChain.   About BNB Chain BNB Smart Chain, formerly BNB Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of general purpose smart contract execution. It is a base layer, or Layer 1 (L1), which is part of the BNB Smart Chain ecosystem of blockc...

After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from this line, altcoin prices tend to react, trending higher.  ETH/BTC Rising From Crucial Support Trend Line The ETH/BTC is a ratio closely monitored by technical analysts. It compares the performance of the world’s first and second most valuable coins. Although Bitcoin has been firm for the better part of the last two years, the monthly chart clearly shows a descending channel, indicating an upward trend. So far, there have been a series of higher lows. This suggests that bulls hav...

May 27, 2024 at 08:45 // Price Author Coin Idol The uptrend of TRON (TRX) ends as the price of the cryptocurrency falls below the moving average lines. Long-term forecast for the TRON price: bearish In recent price activity, the altcoin reached a high of $0.128 before falling. On the upside, the bullish scenario has become invalid. TRON has not managed to reach its previous high of $0.14. On the downside, the cryptocurrency is in a downturn. TRON is declining and approaching its previous low of $0.11. The price of the altcoin is now at $0.113. On the ...

According to a senior commodity analyst, Bitcoin’s (BTC) volatility puts it behind gold and the U.S. dollar in some investment perspectives. Meanwhile, BTC may crash harder than the stock market during a recession. Mike McGlone, senior commodity analyst for Bloomberg , spoke about the market’s volatility in a panel at Bitcoinday Miami this week. On that occasion, McGlone highlighted how Tether’s dollar stablecoin (USDT) trades twice as much as Bitcoin on a usual day. “Right now, I can have access to the U.S. dollar any place in the world from my phone [with] Tether. Tether is the number one trading token. It’s the number one trading crypto. It doubles the value in a typical day over Bitcoin. It’s the dollar. The whole world has gone to the dollar. Why? Because it’s the least worst of all fiat currencies.” Mike McGlone Picks for you ...

Over some days, the price of Ethereum has been in a consolidation zone, moving between $3,949 and $3,627. This is a result of the rally that happened a few days ago which led to the crypto asset’s price making over 10% movement on the upside.  When prices are consolidating, it can only be considered that it is building momentum to either break above the consolidation zone or below it. At this point, we cannot tell the next action the price will take. In this article, we will see the possible outcome if there is a break out from the consolidation. As of the time of writing, the price of ETH was up by 0.66%, trading around $3,752 above the 100-day Simple Moving Average (SMA) in the last 24 hours. Ethereum On The 4-Hour Chart Looking at Ethereum’s chart on the 4-hour timeframe, it can observed that the price is trading a...