Author: Alyz Garsia

Following a market correction, the price of Shiba Inu Coin moves sideways and has a direct impact on the trading volume and price ranges while investors focus on the crucial support zone at $ 00002 as a possible signal of the expected rally. As a whole, a significant downturn in the broad crypto market led to large corrections of the second largest meme coin–SHIB — which fell by 2% and was priced at $0 00002148 during US trading time on Thursday. Shiba Inu experiences a minor 1. an increase of 79% in trading volume, with $765. 61 million, however, it…

An anonymous wallet purchased 30% of the Daddy tokens before Andrew Tate started promoting it, as claimed by the Bubblemaps’ analysis. Andrew Tate, a controversial social media star, promoted the Daddy token, which left the mother token, launched by rapper Iggy Azalea, behind. She accused the Daddy token‘s success by claiming that there was someone from inside who purchased Daddy tokens. Daddy Token is based on the Solana blockchain, which started its promotion on June 11 and reached the $300 million mark in market cap. The token is trading at $0.30, up 218% since its launch, as per the data…

Bitcoin is showing early signs of reclaiming $70,000 this week as it awaits today’s FOMC meeting and Thursday’s PPI release. On the other hand, Ethereum and Solana are flashing fresh entries for investors to make their entry. After Bitcoin fell to the $66,000 level, crypto markets have painted red, which has seen investors look for profitable points to re-enter before the next bull run. Some important events scheduled for the week include the FOMC on June 12 and the Producer Price Index (PPI) on June 13, where analysts expect strong responses from Bitcoin. On the other hand, Ethereum and Solana…

Mudit Gupta from zkSync rival Polygon, criticized ZK token for lacking in the measures of anti-bots, and assumed it to be the most farmed airdrop ever. The Ethereum layer-2 scaler zkSync has been criticized by the crypto community for allegedly lacking anti-Sybil measures and unfairly distributing its zkSync (ZK) token airdrop. “zkSync airdrop is out. Most farmable and farmed airdrop ever probably,” the information security chief of rival layer-2 Mudit Gupta posed on X on June 11. “Almost no Sybil filtering as far as I can see,” Gupta stated “Anyone who knew the criteria could’ve easily farmed the shit out…

In a volatile year where several cryptocurrencies remained dangerous for interested investors, BNB and Cardano have emerged as front-runners over time. It’s a difficult comparison when BNB touches record highs, and Cardano shows renewed vigor through various developments; interested parties try to determine which of the two possesses the higher potential for future gains. With these rosy expectations in view, Finbold asked ChatGPT-4o to provide recommendations on getting the right investment for the second half of 2024. Unveiling the Key Drivers Fueling the Positive Outlook: Insights for Investors Nevertheless, BNB remains quite stable and unshaken by the market volatility; even…

The European innovation hub for Internal Security reported in its first report about the complications that arose from Privacy coins and crypto mixers in the regulations. Data encryption helps others to save individual data and provides services for collective security. However, cryptocurrency mixing protocols might struggle to gain legislative approval in Europe. The EU Innovation Hub, a group made up of members from EU agencies and member states, has released its first report on encryption. The report highlights that cryptographic technologies can be used for both good and bad purposes. Pros and Cons in Crypto The report supported the use…

Reveal the best time to buy Solana (SOL) by analyzing its price trends, patterns, and prospects in the future. As the global market cautiously climbs up, Bitcoin fails to rise beyond $70k, while Solana altcoins altogether boast a value of $225. 1 billion. Despite recent fluctuation and has touched $175. 48, Solana (SOL) still lingers below $200, making investors wonder when the correct time to buy is despite the bearish streak that has been seen lately. Analyzing Solana’s (SOL) Current Market Standing Source: CoinMarketCap Today, Solana’s SOL is at $159. 28, which, however, only represents a mere 0. 07% decline…

Although significant milestones such as the spot Bitcoin ETF were achieved earlier this year, the expected Bitcoin price rise to $100,000 has remained elusive, ensuring the BTC dominance of the market. Charles Edwards, the director of Capriole Investments, spoke about the future of Elon Musk’s platform X, discussing what prevents Bitcoin from reaching this level. Unpacking Bitcoin’s Hold Below $100k: Investigating the Policy’s Stagnation According to Edwards, significant Bearish pressure comes from the sale of BTC by longtime holders. The given wallet data provides evidence for decreasing holdings from 57% to 54% over two years to form Bitcoin’s current trend.…

However, Bitcoin struggles with consolidation above $70k, failing to break above it repeatedly. The firstborn of cryptocurrency, bitcoin, struggles with keeping the $70k barrier as consolidation persists. Since most analyses predict BTC’s weekend climb, the current attention goes to USA economic data for BTC and altcoins. The Preferred Monthly Release is the data released on the first Friday every month, in which investors and stakeholders look forward to have an idea about the status of the economy. Meanwhile, non-farm /off-farm employment has beaten the forecast with 272000, and unemployment is steady at 4% compared to an estimated 3%. 9% Bitcoin’s…

After the global cryptocurrency markets have rebounded and after Bitcoin went up to the mark of $71,000, it is time for Binance Coin (BNB) to shine. As of the time of writing this on June 5, 2024, the price of BNB has arrived at its peak of $711. Higher than $625, it has gone more than 4 times to reach a figure of 56. 26, However, it stayed well over $700 for over a year before facing a stagnation period. The surge prompts curiosity: But what is at the origin of this phenomenon and this superb rise? It is time…