XRP holders rejoiced as the price rose towards the key resistance zone. On-chain indicators showed accumulation but also warned of potential selling pressure. Ripple (XRP) saw a moderate price increase on May 20th. It rose 6.13% in 24 hours, and during the same period, Bitcoin (BTC) rose 6.9% but fell slightly from $71.3,000 to $70.9. Despite the gains, XRP continued to trade within a long-term range and faced a strong supply zone of $0.57-$0.585. Ethereum (ETH) ETF approval probability upgraded from 25% to 75% by Eric Balchunas, with token price soaring 20% within hours. The ETF analyst added that this…
Author: Crypto Flexs
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In the turbulent cryptocurrency market BlockDAG Its innovative dashboard and strategic roadmap helped it stand out with $29.2 million in presales. This success comes as Ethereum is fighting to regain its footing and Polkadot is still improving its intelligent contract capabilities. The platform’s advanced dashboard features, such as user rankings and competitive leaderboards, provide essential insights and promote active user engagement. While Ethereum faces unstable price predictions and Polkadot develops features, BlockDAG is establishing itself as a major cryptocurrency with significant growth potential. Ethereum price volatility continues Ethereum is currently trading at $2,904 and is showing a slight decline. Despite…
ShibaSwap expands beyond Ethereum with new features and improved user experience.ShibaSwap, a decentralized exchange (DEX) integral to the Shiba Inu ecosystem, has announced a significant upgrade, expanding its operations to the Shibarium blockchain in addition to its existing presence on the Ethereum blockchain. This strategic move is intended to introduce a variety of new decentralized exchanges and decentralized app (DApp) utilities that promise to improve user experience and expand the platform’s capabilities.Improvements and New FeaturesThe upgrade includes several major improvements aimed at improving ShibaSwap’s functionality and user interface. Among them are a new dashboard, improved user experience, and discovery charts…
OKX delists certain Simple Earn productsAccording to an official update from cryptocurrency exchange OKX, some of Simple Earn products are scheduled to be delisted on May 21, 2024. Affected instruments include cryptocurrency terms MINA, NYM and LHINU, with durations ranging from 3 to 120 days.OKX users who own these products will continue to receive daily rewards until the date of delisting. After delisting, the principal is reinvested in the Simple Earn flexible product or, if the Simple Earn flexible product is not available, is deposited into the user’s Funding account. The earned interest is transferred…
Dogecoin is currently enjoying a reasonable uptrend following Bitcoin’s recovery above $71,000. This sent the entire cryptocurrency market into a state of euphoria and the DOGE price broke the $0.16 resistance level in the meantime. This bullish trend is expected to continue as one analyst points out that Dogecoin has formed a bullish triangle pattern. Dogecoin triangle pattern indicates further uptrend. In a TradingView post, cryptocurrency analyst Lingrid pointed out an interesting shape on the Dogecoin chart. According to analysts, meme coins have successfully formed a triangle pattern, which has historically led to bullish prices. Explaining how this happened, the…
Crypto experts reveal that Polkadot (DOT), Polygon (MATIC), Litecoin (LTC), and ETFSwap (ETFS) are altcoins that can deliver 100x returns. A renowned cryptocurrency expert has exclusively revealed the top four altcoins he believes have the ability to deliver returns of up to 100x. Experts include Polkadot (DOT), Polygon (MATIC), Litecoin (LTC) and ETF Swap (ETFS) It has the ability to deliver 100x returns to investors who invest early, representing significant upside potential within the cryptocurrency ecosystem. Polkadot (DOT) is one of the top four altcoins. Polkadot (DOT), a prominent open-source blockchain protocol, has been identified as one of the potential…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportAttacker not yet identified $240 million Gala Games token exploit on Monday returned Ethereum (ETH) was obtained by selling some tokens as Gala considered the consequences of the attack and how to address ongoing questions.That’s roughly 5,913 ETH, or about $22 million. Bounced from attacker’s wallet It represents funds received from selling 600 million GALA tokens on a decentralized exchange to the Gala wallet on Tuesday morning. Uniswap Shortly after…
Market • May 21, 2024, 6:01 PM EDT Posted 1 minute ago In ~ Ethereum ETH +4.14% The underlying memecoin has soared due to restrictions from regulators. Changes arrangements regarding acceptance of spot ether ETFs.Several popular memecoins on the Ethereum blockchain rebounded between 5% and 30% on Tuesday, shortly after the U.S. Securities and Exchange Commission (SEC) asked at least three stock exchanges to amend their applications to list spot ether ETFs.pepe pepe +24.50% Up 16% in the last 24 hours, Here’s The Block’s pricing page: while Lady +26.50% It soared by about 28%, viceroy +3.56% It rose about 6%.…
Polygon (MATIC) has reached a new milestone in total traded volume. Recent performance suggests that the network is gaining rapid adoption. Activity increased despite largely uninteresting MATIC price action. Polygon (MATIC) blockchain milestones continue to come hard and fast. In September 2023, the network celebrated surpassing 3 billion total transactions. Less than eight months later, the network achieved another significant total transaction milestone. This is a sign that network usage and adoption is increasing. 4 billion total transactions On Friday, May 17, the Polygon (MATIC) network surpassed 4 billion total transactions less than four years after launching in June 2020.…
Solana has been recognized as the world’s fastest blockchain due to its incredible transaction speeds, and the price of SOL has skyrocketed its market cap to $81 billion. Last month, Solana’s value hit a peak of over $200, surpassing Binance Coin to become the fourth most important digital currency after Bitcoin, Ethereum, and Tether. Now, data from CoinGecko shows that SOL has surpassed competitors like Polygon and Ethereum in transactions per second, resulting in faster transaction processing times. This rapid growth shows that transactions can be processed much faster. This is an essential part of achieving scale while enabling everyone…