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WMA: Bitcoin Back Above $64,000, CZ Gets 4 Months in Prison

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,37 trillion. Bitcoin is up by about 1.5% to trade at around $64,500. Ethereum decreased by almost 5% to trade at around $3,100. XRP is up by 2%, Solana by 4%, and Dogecoin by 8%. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value…

World of Dypians Offers Up to 1M $WOD and $225,000 in Premium Subscriptions via the BNB Chain Airdrop Alliance Program

World of Dypians (WOD) - an immersive, revolutionary MMORPG available on Epic Games, is on an exclusive list of top-tier projects participating in BNB Chain’s Airdrop Alliance Program, chapter 2. The metaverse platform announced it offers up to 1,000,000 WOD tokens and $225,000 in Premium Subscriptions as rewards for eligible users across all its 4 campaigns, which are spread across May and June. What is the Airdrop Alliance Program on the BNB Chain? BNB Chain has started the Airdrop Alliance…

Public Masterpiece Token (PMT) Unveils Revolutionary Art-Driven Shift at Star-Studded Hamburg Gala

Highlights: Public Meme Token transformed into the Public Masterpiece Token shedding its gimmick to unveil curated well-thought Real World Asset (RWA) tokenization ambitions. PMT was launched in January 2024 after 6 years of research and development and currently sits at a fully diluted valuation of just under $12 million Renowned Brazilian artist Romulo Kuranyi launched his artwork of German cycling legend Jan Ullrich's life as a Public Masterpiece at the event PMT’s first drop of RWA’s which sold in under…

WMA: Bitcoin Lags at $63,000 as Market Volatility Surges

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,37 trillion. Bitcoin is down by about 2% to trade at around $63,500. Ethereum increased by almost 5% to trade at around $3,300. BNB is up 6%, TRON 9%, and NEAR 19%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector increased the total value of protocols (TVL)…

Zignaly Announces Cosmos-Based ZIGChain and $100M Ecosystem Fund Backed by DWF Labs

Zignaly, a social investment platform using the Z-Score technology to connect fund managers with 500,000 investors worldwide, announced the launch of ZIGChain, a cutting-edge, layer-1 blockchain on Cosmos. Its goal is to revolutionize financial empowerment through a scalable and inclusive wealth generation infrastructure. Zignaly also partnered with DWF Labs, Disrupt, and UDHC Finance to launch a $100 Million Ecosystem Development Fund to fuel innovation on the ZIGChain.  Additionally, Zignaly became the world’s first licensed social investment platform, acquiring the CAT-II…

RROCKET Burns 50% of Its Supply to Fuel Growth and Investor Confidence

The team behind the RROCKET project has announced the burning of 50% of its token supply. This is part of the project’s comprehensive development campaign, which includes listing the token on major exchanges and more milestones. The immediate goal is to achieve a $1 million market capitalization and continue with weekly token supply burns. RROCKET also introduces security measures for investor protection and a unique initiative to incentivize participation in the token supply burn. The Importance of Burning Tokens and…

BADMAD ROBOTS Announces Listing on Epic Games Store and Steam, Teams Up with Immutable X

BADMAD ROBOTS, a team-based multiplayer shooter game, announced its official listing on Epic Games Store and Steam, two of the most prominent gaming distribution platforms worldwide. The news confirms the game’s rise in popularity and ambitious plans to reach full-scale esports status. Moreover, BADMAD ROBOTS has confirmed the industry’s support after signing an exclusive partnership with Immutable X for the game’s launch. The latter is an Australian crypto assets gaming company building their own blockchain and developing powerful tools for the gaming…

Step into the Future of High-Frequency Trading with Marine Moguls ERC-404 Airdrop and MetBot

In an unprecedented advancement in high-frequency trading, MetFi DAO unveils how owning a Marine Moguls token via its live airdrop generates a unique ERC-404 collectible NFT with instant 24/7 liquidity and fractional NFT ownership while providing exclusive access to MetBot. This state-of-the-art AI trading bot has been consistently generating substantial returns. MetBot first captured the attention of crypto enthusiasts by delivering 80% returns during a two-month trial last year. That strong performance continued with the release of MetBot Alpha just…

Biceps Coin Introduces Bitcoin Earning Potential for $BICS Token Holders

Biceps Coin has announced a unique feature for its $BICS token holders. By holding at least 50 million tokens, $BICS holders can earn additional Bitcoin rewards.  Thanks to Bitcoin's popularity and growth over time, many early investors are already looking into this young project. With a 3-phased roadmap, Biceps Coin wants to establish itself as a sustainable and profitable contributor to the Bitcoin ecosystem. Bitcoin Rewards for $BICS Holders The Biceps Coin project's core is a direct link to the…

Last Call: Kona Coin Airdrop Ending Shortly – Claim Your Tokens Today!

The Kona Coin development team is delighted to announce the initiation of its airdrop campaign, generously distributing 80 billion tokens to the community. With a meticulously crafted roadmap and a well-defined mission, Kona Coin aspires to emerge as a premier meme cryptocurrency on the Solana blockchain. This project is dedicated to commemorating our cherished pets and aims to cultivate a vibrant community of pet enthusiasts. Through its commitment to development, strategic partnerships, and active community engagement, Kona Coin transcends the…

News

Recent headlines in the Crypto World

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Decentralized Surge: Uniswap’s Wallet Numbers Soar 140% in 12 Months

The total number of Uniswap (UNI) wallets has more than doubled in the last 12 months, demonstrating its growing adoption. Wallet growth has coincided with the rise of other metrics such as the platform surpassing $2 trillion in cumulative trading volume. Uniswap, the decentralized cryptocurrency exchange, has staged remarkable growth over the past 12 months. New data from Dune Analytics data shows that Uniswap’s wallet numbers have surged 140% in the past 12 months. The platform which was established in…

VeChain-Powered Luxury: W3AS Unveils NFT-Enhanced Jackets in Collaboration with WoV Labs

A VeChain-backed clothing collection has debuted, and the W3AS collection brings high-end garments and unique NFTs together. VeChain is leading in the revolution of the fashion industry, helping brands engage with their customers and ensure authenticity. WoV Labs has unveiled a new VeChain-powered fashion luxury collection that could revolutionize the fashion industry. The W3AS collection marries Italian craftsmanship and NFTs. Owners of the high-end garments will be rewarded with an NFT, providing digital ownership of the physical item. Introducing @W3as_…

Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering

Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored with researchers from the MIT-IBM Watson AI Lab. Elliptic revealed a successful identification of illicit proceeds deposited at a cryptocurrency exchange, new patterns of money laundering transactions, and previously unidentified illegal wallets upon utilizing a deep learning model. The firm said that findings are already being used to improve its…

April Records Lowest Crypto Losses in Years: CertiK

The leading blockchain security firm, CertiK, released its latest report revealing a significant downturn in losses from crypto-related hacks and scams as April concludes. Noting a notable decrease, CertiK stated April saw approximately $25.7 million lost to exploits, hacks, and scams. This figure marks a decline of 141% from the previous month’s losses, demonstrating a trend towards increased security within the cryptocurrency industry. Specifically, CertiK’s breakdown of the losses indicates that roughly $4.3 million was lost to exit scams, $129,000…

a16z Partner Questions Favoritism Towards Meme Coins Over Blockchain Innovation

While meme coins have seen a massive resurgence this year, this has raised concerns for certain industry players. Chris Dixon – a general partner at Andreessen Horowitz (a16z) – has expressed concern over the US regulatory system, questioning why meme coins were allowed to thrive while cryptocurrency companies and blockchain tokens with useful applications “get stuck in regulatory purgatory” due to potential classification as securities. Trapped in “Regulatory Purgatory” While delving into the resurgence of meme coins and the regulatory…

PayPal Integration Fuels Shiba Inu Surge: U.S. Users Can Now Buy SHIB Tokens with Ease

PayPal and MoonPay join forces, making it easier for US users to buy SHIB and other cryptocurrencies directly. SHIB’s price surged 2% in 24 hours, driven by an increased burn rate and growing interest, showcasing resilience amidst market fluctuations. Cryptocurrency enthusiasts in the United States have reason to rejoice as Shiba Inu (SHIB) tokens are now accessible for purchase through PayPal, thanks to a recent partnership with MoonPay, a leading crypto payment processor. This collaboration aims to simplify the transition…

BlockDAG Leads with $22.9M Presale and X100 Mining Rig Amid Hedera (HBAR) Price Rise and Aptos (APT) Potential

The Hedera (HBAR) price has rallied impressively this week, buoyed by a strategic partnership with Archax and BlackRock, reflecting heightened confidence in its efficient blockchain solution. Meanwhile, Aptos faces challenging market conditions, testing its resilience as Aptos (APT) potential wavers amidst a steep decline. Amid these fluctuations, BlockDAG emerges as a top trending crypto, with its $22.9 million presale and innovative X100 mining rig setting new standards in the industry. This dynamic landscape underscores the diverse strategies and potential within…

Will Altcoins Overtake Bitcoin Investment Returns in the Future?

Bitcoin, the cryptocurrency created in 2009 by Santoshi Nakamoto, is often referred to as “digital gold” because it is the pioneering and most trusted cryptocurrency. Its rich history, security measures, and ability to maintain value cemented its position in cryptocurrency. Altcoins have emerged to address perceived limitations in Bitcoin’s design, such as scalability, transaction speed, and privacy concerns. Various altcoins aim to provide tailored solutions and innovative features. While Bitcoin remains at the forefront, certain altcoins have contributed to the…

This week top stories

World of Dypians Offers Up to 1M $WOD and $225,000 in Premium Subscriptions via the BNB Chain Airdrop Alliance Program

World of Dypians (WOD) - an immersive, revolutionary MMORPG available on Epic Games, is on an exclusive list of top-tier projects participating in BNB Chain’s Airdrop Alliance Program, chapter 2. The metaverse platform announced it offers up to 1,000,000 WOD tokens and $225,000 in Premium Subscriptions as rewards for eligible users across all its 4 campaigns, which are spread across May and June. What is the Airdrop Alliance Program on the BNB Chain? BNB Chain has started the Airdrop Alliance…

Bitcoin Price Prediction For May: Here’s What in Store For BTC Price

The post Bitcoin Price Prediction For May: Here’s What in Store For BTC Price appeared first on Coinpedia Fintech News The recent 5% drop in Bitcoin’s price, pushing it down to $60,000, highlights a significant downturn following a weeks-long decline from its peak near $75,000 in mid-March. Now, Bitcoin faces a double whammy as it breaches a crucial technical support level, potentially signaling further short-term downside.  Bitcoin Price to Take a Dip Below $40K? Experts Weigh In On a similar…

Bitcoin Price Prediction 2024: Experts Forecast

The post Bitcoin Price Prediction 2024: Experts Forecast appeared first on Coinpedia Fintech News Bitcoin, the pioneer of cryptocurrency, has undergone a remarkable journey since its inception. Since its beginning, Bitcoin has experienced significant price swings, attracting attention from individual traders, major investors, and the public.  Bitcoin’s price can surge notably due to increased adoption, its limited supply, and the growing interest from institutional investors. Several experts in the field, both individual and institutional, are bullish on the price of…

Forbes Lists XRP, ADA, BCH, LTC, XLM, XMR as ‘Zombie’ Tokens with Unproven Utility: Should Investors Dump or Hold?

Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…

Pro-XRP Lawyer Analyzes SEC’s Ripple Settlement Delay Tactics Amid Whales’ XRP Transfers

Attorney Bill Morgan says that the SEC is seeking an injunction that would stop On-Demand Liquidity (ODL) XRP sales, which would be the biggest obstacle to the expected settlement. The agency is also seeking to appeal the court’s decision on the company’s programmatic sales of XRP, as sudden deposits of the token on exchanges spook investors. The precedent-setting lawsuit between the US Securities and Exchange Commission (SEC) and Ripple enters a critical stage this week. According to one crypto-friendly lawyer,…

Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000

Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an update to his Bitcoin analysis, DonAlt noted that Bitcoin had dropped back to around the $60,000 price range and could eventually break that support if it continues to be tested. From the accompanying…

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