Crypto strategist Michaël van de Poppe believes that Ethereum (ETH) is close to witnessing a major trend change. Van de Poppe told his 717,600 followers on social media platform The SEC is expected to approve, postpone or reject the ETH ETF application from financial giants Hashdex and Ark 21Shares on May 30, after postponing it in March. Van de Poppe predicts that the SEC’s decision will ultimately become a pivotal point for the top altcoins by market capitalization. “This is a very likely scenario for Ethereum, and a delay/rejection in just two weeks would be a major reversal moment for…
Author: Crypto Flexs
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XRP price is consolidating losses above the $0.500 support. If the price fails to recover above the $0.530 resistance zone, losses may widen. XRP extended losses and traded below the $0.530 support level. The price is currently trading below $0.5250 and the 100-hour simple moving average. On the hourly chart of the XRP/USD pair (data source from Kraken), a breakout occurred above a bearish trend line connecting with resistance at $0.5150. If the bulls push the price above $0.530, the pair could begin another rally. XRP price is stable above $0.50. Recently, XRP price extended its losses and, like Bitcoin…
Cardano blockchain founder Charles Hoskinson explained the basic concepts of cryptocurrency while opposing central bank digital currencies (CBDCs).. Hoskinson made this statement in a social media post on May 11, expressing his views on the upcoming U.S. presidential election. Hoskinson explains why cryptocurrencies matter According to Hoskinson, the basic idea of cryptocurrency is to establish a new social contract. He explained that these agreements will make governments, corporations, and other authorities accountable to their citizens. He urged the industry to focus on advancing this cause rather than engaging in arbitrary debates about taxes and regulations. Hoskinson warned that those who…
join us telegram A channel to stay up to date on breaking news coverage UQUID Shop, a pioneering online marketplace serving cryptocurrency enthusiasts, recently integrated $USDT on the Ton blockchain. This development not only amplifies the usefulness of UQUID Shop, but also optimizes the shopping experience by leveraging the Ton Network’s fast and cost-effective transaction capabilities. This move highlights UQUID’s commitment to improving the ease and affordability of cryptocurrency transactions in e-commerce. Streamline transactions through the Ton network By integrating USDT into the Ton blockchain, UQUID Shop can offer customers the trusted stability of Tether with the added benefits of…
The Department of Justice (DOJ) has selected a London-based consulting firm for three years of monitoring of Binance, according to a Friday report from Bloomberg citing anonymous sources.
Ethereum shows a slightly more bullish bias next week. The Bitcoin consolidation phase is still ongoing and a return to $60,000 is looking increasingly likely. Bitcoin (BTC) traders have been going through a relatively difficult time following the usual easy, straightforward rally since last October. Ethereum (ETH) has been more complex, but BTC’s halving event last month has shaped and scoped market conditions across the market. AMBCrypto looked into what market sentiment was like over the weekend and where price action could go this week. In either one, there are speculators who are hoping for bullish returns in the short…
You may have been thinking about striking it rich in the cryptocurrency market and now you are looking for the best meme coins to invest in. Bifecoin Due to the current sensation in the market, this is one token you can add to your cryptocurrency portfolio as it is a solid project to leverage. BEFE is revolutionizing the way individuals conduct cryptocurrency trading, which is garnering the undivided attention of market experts for the coin. Since the BEFE token was introduced to the cryptocurrency community, its value has skyrocketed. Analysts predicted that the meme coin would maintain its all-time value…
Solana has seen prices struggle to return to strength. This is the same as last month. Solana previously reached $208 on March 18. There has been a strong price rise over five months. However, this crossover above $200 was very brief. This is because Solana fell to $167, then reversed and reached $203 again on April 1st. Again, this cross above $200 was also short and Solana has been on a downward trend since then. Interestingly, recent price levels have resulted in Solana experiencing a 30% correction in the past six weeks. This was a big drop, but Solana now…
Posted 1 minute ago In ~ Pudgy Penguins, one of the top 10 NFT collections by transaction volume, announced in a video posted on X that the company has sold more than 1 million plush toys through various retailers. In the video, Luca Netz, CEO of Pudgy Penguins, a 10th grade dropout who took over the project the year after its launch, details the latest progress in sales of Pudgy Penguins plush toys, saying, “More than a million have been sold.” “It’s been less than a year.” Netz also teases future partnerships with other retailers, including a repeat order from…
Aptos Labs, the team behind Aptos, a layer 1 blockchain platform developed by former Facebook employees, continues to expand its mission to make decentralized assets accessible to billions of people.On May 9, the Aptos Labs team introduced new global advisors, including David Lawee, former vice president of corporate development at Google. Lawee, who founded Alphabet’s Capital G independent growth equity fund, will leverage the Web2 consumer experience to promote blockchain to the mainstream.Pamela Drucker Mann, chief revenue officer at global media company Condè Nast Global, and Dan Boneh, professor of computer science at Stanford University, will also join Aptos’ advisory…