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WMA: Bitcoin Drops to $61,000 as Volatility Overwhelms the Market

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 $2,26 trillion. Bitcoin is down by 4.5% to trade at around $61,000. Ethereum decreased by almost 7% to trade at around $2,900. XRP is down by 5%, Solana by 2%, and Dogecoin by 11%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of…

Galaxis Unleashed: The Highly Anticipated Token Launch on Bybit

On the 10th of May 2024 at 10AM UTC, Galaxis, a Swiss-based Web3 platform, is set to announce its initial token launch, which will be accessible through the Bybit exchange platform. Galaxis is a platform designed to empower creators and brands to build and manage their communities, ensuring that once a community is established, it remains under the sole ownership of its creator and members. Along the journey, partnerships with high-profile individuals like DJ Steve Aoki, actor Val Kilmer, and…

MAOCAT Successfully Raises Presale Funds, Bringing Back the Memecoin Hype

The team working at MAOCAT has recently acknowledged the great success of the project's presale fundraising round. With this operation, they have managed to raise a significant amount and attract the attention of investors and meme fans.  The project's diverse ecosystem, featuring staking, farming, launchpad, and NFT marketplace functionalities, is proving appealing. With many memecoins failing to gain traction in the presale stage, MAOCAT is already standing out in this sector. A Rare Successful Presale Story Crypto enthusiasts know that…

Unlock AI High-Frequency Trading with Marine Moguls ERC-404 Airdrop

The 25th of May 2024 will mark a significant milestone in blockchain and high-frequency trading when MetFi DAO launches its highly anticipated ERC-404 Marine Moguls collection. With a stunning array of 10,000 tokens/NFTs and prizes totaling ~2.9 Million USDT, this TGE is not just an ERC-404 launch—it's a revolution in digital asset management and high-frequency trading. What Makes ERC-404 Stand Out? At the heart of Marine Moguls is the ERC-404 protocol, a groundbreaking development in blockchain technology that redefines the…

MAOCAT Presale Surpasses $300,000 with First-Ever Cat-Memecoin on Ethereum

The MAOCAT project is proud to announce its highly successful presale, surpassing $300,000 in fund collection. Early investors are beginning to appreciate the unique opportunity to participate in this first-ever cat memecoin on Ethereum.  Many exciting features and utilities are in store for $MAO token holders. There is even more to come as MAOCAT continues to grow and innovate in the DeFi and NFT spaces. As this team of cat lovers looks towards the future, memecoin fans have found a…

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…

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Coinbase’s Stand With Crypto Initiative Forms Election Fund, Backs Candidates Eyeing Open Congressional Seats

Coinbase’s advocacy group, Stand With Crypto, is launching its Political Action Committee (PAC) ahead of the 2024 U.S. Presidential elections, aiming to directly support congressional candidates who endorse crypto. The PAC has over 443,000 supporters since its inception in August 2023 and substantial financial backing, including contributions from corporate figures like Coinbase CEO Brian Armstrong. Last year, crypto exchange Coinbase which started its own advocacy group – Stand With Crypto – is now opening its Political Action Committee (PAC) ahead…

SSV Network Revolutionizes Ethereum Staking Landscape: Review

The SSV Network revolutionizes Ethereum staking with decentralized infrastructure and its native token. Through SSV technology, validator keys are securely generated, split, and distributed among non-trusting nodes. The SSV Network is a transformative force in Ethereum staking, introducing innovative solutions to overcome barriers and foster accessibility in the ecosystem. Through its decentralized infrastructure protocol and native token, SSV is reshaping the landscape of staking on Ethereum, offering a pathway for broader participation and enhanced security. The SSV protocol’s inception stems…

XRP’s Southeast Asian Counterpart Surges 358%: Is it Time to Consider Long Positions?

VELO has surged 358% gain in price over the last six weeks with a rise in popularity in  Southeast Asia. This rise in volume is a reflection of the increasing interest and confidence in the cryptocurrency caused by its integration with top blockchain platforms. Velo Token (VELO) has surged in popularity across Southeast Asia’s crypto landscape, drawing comparisons to established players like XRP. Market intelligence platform Santiment has pointed out the meteoric rise of VELO, which saw a huge 358%…

Trump’s Remarks Trigger 86,000% Surge in Value for Lucky Crypto Trader’s Ethereum Memecoin Investment: On-Chain Data Analysis

A crypto trader has made an astounding 86,000% gain on their investment in the Ethereum-based meme coin MAGA (TRUMP), turning $6,500 into $5.6 million. Donald Trump’s recent endorsement of cryptocurrencies, has coincided with a surge in the value of MAGA (TRUMP) coin, indicating potential voter support for candidates advocating crypto-friendly policies. As per the latest on-chain data, one lucky crypto trader has minted a staggering 86,000% gains on his investment in an Ethereum-based meme coin MAGA (TRUMP). As per the…

Meme Coin Madness! These 3 Meme Coins Could Explode in 2024

As 2024 unfolds, the spotlight is set on meme coins. Amid this frenzy, Raboo ($RABT) leads the charge in its third stage of presale, having already attracted over $1.2 million, with more than 5,200 registered members and 1,800 token holders. Currently priced at a mere $0.0042, analysts forecast a staggering 100x surge post-launch and a 233% gain during its presale. Let's explore the explosive potential of Raboo, alongside stalwarts Dogecoin and Shiba Inu, and why they might be the next…

JPMorgan Struggles to Find Catalyst for Bitcoin and Ethereum Price Pump: KangaMoon Presale On Pace to Hit $7 Million

Amid the current relief rally, Bitcoin, the leading cryptocurrency, slipped back to $62,500, with other cryptos recording massive declines. JPMorgan made headlines with its analysis, maintaining a cautious stance on Bitcoin and Ethereum in the short term, suggesting no immediate catalysts for bullish price movements. Meanwhile, KangaMoon (KANG) hits over $6.5 million in revenue funding and could become the next 100x altcoin in 2024. JPMorgan Says Bitcoin Remains Bearish in the Short-Term Wall Street Giant JPMorgan has maintained a cautious…

Runes Protocol Slowdown Coincides with Bitcoin On-Chain Activity Slump

Bitcoin (BTC) kicked off the new year with a robust surge, breaching the $70,000 mark and witnessing significant engagement on its blockchain network. However, recent developments indicate a cooling trend in these metrics. Over the past two months, the price of the leading digital asset has faced challenges, and on-chain activity has declined. Bitcoin On-chain Activity Plummets to 5-Year Low Data from blockchain analytics firm Santiment indicates that Bitcoin’s on-chain activity has reached its lowest point since 2019. This decline…

A High School Student Achieved Remarkable Gains from Minor Solana Investment: Could BlockDAG’s Forecasted 30,000x ROI Offer Comparable Results?

In a compelling story of financial insight, a high schooler managed to turn a small Solana investment into a large sum of money. This narrative underscores the potential that lies in judicious investments in cryptocurrency. Can a new crypto contender like BlockDAG (BDAG) provide the same chance for astronomical gains? BlockDAG has been making significant strides in the cryptocurrency market, notably with its $25.2 million presale bull run, marked by a 600% surge in value. With an updated roadmap that…

This week top stories

Render Soars 50% In 1 Week: Whales Accumulating As Apple Jumps In

Render is on the move. Price statistics show that the coin is on an uptrend, rising by 50% in the last week due to surging trading volume. The uptick is primarily due to increased whale interest, which appears to be accumulating, moving RNDR from exchanges. At the same time, bulls are finding tailwinds following Apple’s decision to leverage Render in its Octane X rendering software. Whales Accumulating RNDR, Token Moved From Binance Lookonchain data on May 8 shows that the RNDR leg…

Ripple vs SEC : SEC Files Sealed Remedy Reply Brief in XRP Lawsuit

The post Ripple vs SEC : SEC Files Sealed Remedy Reply Brief in XRP Lawsuit appeared first on Coinpedia Fintech News The SEC tossed a new twist into their ongoing lawsuit with Ripple by sliding their remedies reply brief and its exhibits under a tight seal. The contents aren’t public yet, but come Wednesday, May 8, we’re all getting a peek at the redacted versions the bigwigs agree on. But that’s not all! There’s a whole lineup of filings related…

Shiba Inu Price To Jump 350%, XRP Price Flashes Death Cross, Dogecoin Sets Sights On $2

The Shiba Inu (SHIB) price may have experienced a slight pullback in the past week, but a broader look at the chart reveals the token is set for a 350% surge. On the other hand, the XRP price has recently flashed a death cross, signaling a possible downtrend or the climax to a downtrend, while Dogecoin (DOGE) could hit the $2 mark before the end of the year. Notably, the native token of ETFSwap (ETFS), a cryptocurrency platform built to…

PawFury Presale Raises $2M, Prepares for Major Exchange Listings

Traditional crypto projects such as Bitcoin and Solana have to share the glory with the booming memecoin market, captivating investor interest.  The cryptocurrency market is evolving rapidly, and the rise of memecoins is forcing established projects to share the spotlight. Investors recognise that massive profit potential lies in the memecoin market. PawFury ($PAW) is leading the memecoin surge with its incredible presale success.  PawFury ($PAW) Leads to Memecoin Boom PawFury has quickly entered the ranks owing to its massive presale…

Is Ripple’s XRP the Key to BRICS’ New Monetary Project to Finally Ditch the US Dollar in 2024?

BRICS has revealed that it is working on a stablecoin, leading to speculation that the alliance could adopt Ripple’s XRP. Ripple has a dedicated CBDC platform that helps central banks, governments, and financial institutions build their stablecoin. Following the confirmation that the BRICS alliance is developing a stablecoin, the community is speculating that Ripple’s XRP could be leveraged. Russian Minister of Foreign Affairs confirmed that the alliance will launch a stablecoin to facilitate international transfers. With its reputation for instant…

This Analyst Sees an ‘Extremely Wild’ Bull Run for Solana (SOL), Retik Finance (RETIK), and Shiba Inu (SHIB)

The post This Analyst Sees an ‘Extremely Wild’ Bull Run for Solana (SOL), Retik Finance (RETIK), and Shiba Inu (SHIB) appeared first on Coinpedia Fintech News Bull runs create a perfect opportunity for investors to make explosive investment gains. Hence, they always seek coins poised for a profitable bull run. A crypto analyst has researched and analyzed crypto coins’ potentials, leading him to point out three altcoins he believes are in position for a highly wild bull run in 2024.…

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