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Dogecoin has had a rough end to April, seeing its price tumble and lose an estimated $3.7 billion in market cap in the last 10 days. The leading meme-coin asset is down to just over $0.13, tumbling two cents in the last 48 hours. Looking beyond the price action, recent on-chain movements observed among Dogecoin miners suggest the downward trend could linger. Data from IntoTheBlock’s miner reserves chart suggests big swings in DOGE balances held in the custody of prominent Dogecoin mining firms. This indicates a selloff amongst holders, likely due to panic over Dogecoin ’s profits. Due to this selloff, DOGE may even sink lower. Effectively, Dogecoin miners flooded the markets with 70 million DOGE in the last 5 days. The newly offloaded coins are worth $9.5 million when valued at Tuesday’s prices. Without any spark, DOGE may fall below the crucial $12 support level. Source: WatcherGuru Also Read: Cardano Transactions Exceeding $100k Explodes: Can ADA Hit $0.5 I...

Ethereum (ETH), the second-largest cryptocurrency by market cap, has once again captured the spotlight due to surging institutional interest. As traditional financial investments flow into the Ethereum ecosystem, Finbold has identified two of the top ERC-20 tokens to consider for investment in May 2024. With the market anticipating increased capital inflows for related cryptocurrencies, Lido DAO (LDO) and Uniswap (UNI) stand out as two of the most prominent and highly capitalized Ethereum tokens worth considering this month. Both tokens have shown significant potential and have driven innovation within the Ethereum ecosystem Lido DAO (LDO) As the largest DeFi protocol, Lido has achieved a milestone with one million Ethereum validators and holds a significant share of 28.5% of all staked Ether. This prominence is bolstered by the adoption of liquid staking protocols, which have seen a rapid expansion due to their liquidity advantages. Unlike regular staking where Ether remains lo...

Finance -related jobs in the U.S. remain in demand as leading global banks and financial institutions are on a hiring spree. The tech industry has seen large-scale layoffs since 2022 as giants cut staff to remain afloat. Technology giants like Amazon, Meta, and Google’s parent company Alphabet reduced their workforce after the COVID-19 lockdowns. Also Read: The West Is Running Out of Gold, Demand in the East Grows Strong However, the opposite is occurring in the U.S. Finance sector as high-paying jobs are in demand after the COVID-19 era. Nine of the Fortune 25 financial firms have been hiring in the last two years, including top and mid-level jobs. This includes companies such as Macquarie Group, Morgan Stanley, JPMorgan Chase & Co., and Goldman Sachs, among others. Also Read: Cryptocurrency: 3 Coins To Buy Under $0.5 in May 2024 Technology Jobs Dip in the U.S., Finance-based Hiring on the Rise So...

Big Four accounting firm KPMG says that investors are warming up to crypto as a way to hedge against the debasement of fiat currencies by central banks. In a new report, KPMG looks at the Canadian market and says that in 2023, half of financial service providers polled in the country offered crypto asset services, up from 41% in 2021. The study also finds that 39% of Canadian institutional investors had crypto exposure in 2023, rising from 31% in 2021. Kareem Sadek, Emerging Technology Risk leader and co-leader of KPMG’s Digital Assets practice, says that Canadian institutional investors have become more comfortable with crypto for two key reasons. “Canada has played a leading role in creating a regulatory environment that supports innovation in crypto assets, from approving the first Bitcoin and Ethereum exchange-traded funds to allowing sophisticated strategies involving derivatives and Ethereum staking. Those actions, along with rising prices for cryptoassets...

ClayBro gives an update about Dogeverse (DOGEVERSE), the world’s first cross-chain meme coin, which shows no signs of slowing down as whales continue to accumulate large amounts. As Dogeverse quickly surpasses the $12 million milestone, it’s no wonder the excitement about this crypto sensation is reaching its peak. Investors are grabbing $DOGEVERSE tokens at the affordable price of $0.000304 while they’re available. Given this pace, we anticipate the presale selling out very soon. Potential investors should be prepared to act fast, as the lowest prices won’t last long. Dogeverse presale surpasses $12 million All the tokens set aside for the first two rounds of the presale were sold, surpassing the team’s expectations. The first round ended sooner than anticipated. Dogeverse progressed to the second phase of its ICO a day earlier than planned, with five more rounds scheduled to finish by June 11, totaling 200 billion tokens. A big chunk of these tokens...

As May 2024 unfolds, the cryptocurrency market continues to experience the effects of the Bitcoin (BTC) halving event that occurred in April, traditionally a bullish catalyst for Bitcoin and the wider cryptocurrency landscape. This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $100 billion mark.  Consequently, Finbold has identified two cryptocurrencies likely to surpass this threshold. Picks for you Solana trader turns $49,000 into $2 million in 5 hours 8 mins ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 1 hour ago Popular Bitcoin wallet bans United States citizens from its service 2 hours ago Has Bitcoin topped out? Peter Brandt signals potential end of bull run 2 hours ago These assets are nearing the milestone, with their trajectory depending on the continuation of the bull run and supply inflation. High supply inflation co...

Apr 27, 2024 at 12:09 // Price Author Coin Idol The price of TRON (TRX) has tested support twice and has risen above its low of $0.105. Long-term forecast for the TRON price: bearish The price of the cryptocurrency has breached the 21-day SMA and the bullish momentum extends to the 50-day SMA. If buyers sustain the price of the cryptocurrency above the 50-day SMA, TRON will resume its uptrend. TRON will regain its previous highs of $0.14 and $0.144. However, if buyers fail to sustain the price above the 50-day SMA, TRON will fall and get trapped betwe...

The Worldcoin (WLD) team announced a potential partnership with OpenAI and ongoing conversations with PayPal (NYSE: PYPL). Sam Altman is the founder and brains behind Tools for Humanity and ChatGPT‘s OpenAI. Tools for Humanity, the company behind Worldcoin, has hinted at potential collaborations with major tech and finance companies. Bloomberg reported the potential partnership on April 25. On that note, CEO Alex Blania mentioned the possibility of working with OpenAI, although no official announcement has been made yet. Additionally, Blania confirmed that the company has had discussions with PayPal, but no concrete developments have emerged. Picks for you Gold price outlook for May 2024 33 mins ago Bitcoin in ‘post-halving danger zone’; Here’s what it means for BTC 40 mins ago Biden's tax plan: Boom or Bust for investors? 2 hours ago Short squeeze alert for next week: Two crypto currencies with potential to skyrocket 4 hours ago L...

China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and law.” Yao Qian, a leading Chinese blockchain expert who previously spearheaded China ’s Digital Yuan program, is reportedly under government investigation . The Digital Yuan is a central bank digital currency (CBDC) project that sparked other countries towards similar efforts.  Local media reports say China ’s anti-graft agency is probing Yao for alleged “violations of discipline and law.” Ex-Digital Yuan boss under probe Yao led the Chinese central bank’s CBDC effort before exiting the PBOC in 2018 to join the Securities Regulatory Commission. On Friday, state-run news agency Shanghai Securities News, reported:   “ Yao Qian, Director of the Science and Technology Supervision Department and Director of the Information Center of the China Secu...

A Solana-based (SOL) meme asset has nearly doubled up just days after its community overwhelmingly passed a resolution to burn its supply. In a new announcement on the social media platform X, the decentralized autonomous organization (DAO) for memecoin Bonk (BONK) says it has voted to reduce the token’s supply by billions. “The BONK DAO community proposal to BURN 278,393,137,215 billion BONK has passed via council vote… The community vote ended with 418,625,159,192 votes in favor which represented a 99.9% support of the proposal.” In the original proposal, which was released on April 17th, BONK DAO said that by burning the supply of the memecoin, its value would rise. The DAO said that it would be burning all of the BONK in its Treasury, which was earned from its agreement with BONKbot, a BONK-trading, Telegram-based bot that launched last year. “BONK DAO proposes to burn 278,393,137,215B BONK from its Treasury which represents 100% of the BONK earned by BONK ...

Blockstream’s marketing and communications director Fernando Nikolić has created a new website to track some of Bitcoin’s most popular memes and lore. At launch, Know Your Bitcoin Meme displays a gallery of a few thousand viral images and attributes them to X (formerly Twitter) users.  “Culture drives change, and memes change culture,” said Nikolić in a statement to Protos. “ Bitcoin ’s history is written in memes and will continue to do so. So I felt compelled to create this ‘Great Library of Alexandria’ on the web as a nod to the culture and give everyone access to contribute to it.” Unfortunately, attributions are not vetted by human researchers, so they don’t indicate ownership or creation. Nikolić programmatically relies on image searches to attribute memes to creators. He admitted that he has only spent a few hours on the website as a hobby and hasn’t hired an editor to manually search variants or investigate the true origins of each meme. Kn...

The cryptocurrency market is surging and introducing new valuable coins each day. According to Santiment, a set of Altcoins are constantly revamping their ecosystem, poised to hit new highs this bull season. According to a list shared by Santiment on X, a set of notable Altcoins are working on expanding their ecosystem to new levels. These coins are undergoing a serious revamping and rejuvenation process to ensure maximum user activity and profits.  Keeping the progressive aspect of such tokens in mind, here are the top three coin suggestions that are poised to grow 70x-100x this bull season.  Also Read: Cryptocurrency: 3 Meme Tokens To Choose Over ADA For 10x Returns Top Coins To Purchase For Maximum (70x-100x) Profits This Bull Season Image Source: WatcherGuru Cryptocurrency #1: Optimism  Dubbed as one of the biggest scaling solutions for Ethereum, Optimism is the leading layer two blockchain of Ethereum. OP profits from Ethereum’s security mainn...

The overall crypto market trends signal the return of the memecoin season. Many of the assets in the category might become the next cryptocurrencies to explode . While the bull runs in current at full speed, memecoins like PEPE, BONK, FLOKI, etc., are printing dramatic gains.  Despite growing interest in memecoins and DePIN tokens, Bitcoin remains the driver of the current bull run. Bitcoin sets the pace of the market, and owning a significant amount of BTC could offset any downside incurred on mistimed investment. Next Cryptocurrency To Explode Tuesday Attention in the crypto market in the coming month will go toward the mining sector and making the most of the post-Bitcoin halving market. Hence, investors can capitalize on the moment and take a position in upcoming tokens like the 5th Scape. The project aims to revolutionize user interactions with virtual environments by blending innovation with entertainment. This post covers the details of its presale. 1. Hedera (HBAR) HBA...

The last 24 hours have been the most eventful for Hedera (HBAR) traders in well over a month as a BlackRock-related misunderstanding caused the token to rapidly rocket from $0.09 to $0.17 within 2 hours, only to start dropping again. As it turned out, an independent project to tokenize BlackRock’s (NYSE: BLK) ICS U.S was misinterpreted as an official effort driving the enthusiasm – and the price s – toward the sky. Still, despite the misunderstanding getting cleared up in the meantime – bringing HBAR’s price back down – the awakening of Hedera from its month-long slumber raised the question: what is next for the token? Picks for you Bitcoin aims $70,000 this week as FOMO takes over the crowd 27 mins ago Blocktrade Arcade breaks the 1 million gameplays mark within three months 39 mins ago Dexalot’s Central Limit Order Book DEX launches on Arbitrum 39 mins ago AI predicts Silver price for May 1, 2024 56 mins ago In its qu...

Arthur Hayes is bullish on crypto amid the macro setup that he says could present a golden opportnity He says altcoins as well as presale tokens may be worth a look at as crypto exits latest window of weakness KangaMoon (KANG) is one of the new projects attracting huge attention as its presale noves towards a close Arthur Hayes believes the crypto market is set to continue on the upside, pointing to the macro setup and the sovereign debt bubble. The Maelstrom family office head, is also bullish on altcoins and new token launches that he says present a “golden opportunity” after the recent crypto weakness. With the market likely to flip bullish in coming months, could this be the time to take advantage of the KangaMoon (KANG) presale? Arthur Hays explains bull market setup and potential opportunities BitMEX exchange co-founder and former CEO Arthur Hayes is bullish on Crypto rebounding after the recent dip, noting that prices could “get si...