4 New Cryptocurrencies To Invest in May 2024

Investors are always on the lookout for new opportunities to diversify their portfolios, and take advantage of emerging trends as the cryptocurrency market grows and evolves. In May, four exciting projects have captured the interest of cryptocurrency enthusiasts: Gaimin (GMRX) and Renzo (REZ), Mallconomy and Darklume (DLUME). Let’s explore the distinguishing factors of these new […]

Former PayPal President Lauds Bitcoin, Calls It Future Native Currency Of AI

In a riveting turn of events, despite Bitcoin’s recent turbulent price action, former PayPal president David Marcus took a bullish stance on the world’s largest crypto by global market cap. Speaking with Michael Saylor at the Bitcoin for Corporations event 2024, Marcus proclaimed Bitcoin to be the future native currency of AI (artificial intelligence), sending […]

Bitcoin (BTC) Price Slump Hints Major Trouble Ahead for Global Markets

The sharp drop in Bitcoin (BTC) price this week has grabbed the attention of global investors, who usually see the directional moves in the digital asset as a precursor to what’s coming ahead for the global market. As of press time, BTC is trading 4.5% down at $57,453 with a market cap of $1.13 trillion. […]

Terraform Labs Refuses to Pay $5.3 Billion Fine, Says SEC Has No Evidence

In March 2024, a New York Jury slapped fraud charges against Terraform Labs and its co-founder Do Kwon with the U.S. regulators demanding them to pay $5.3 billion in penalty. However, the lawyers representing Terraform have refused these allegations stating that the firm sold most of the UST stablecoins outside the United States. Terraform Lawyers […]

Dogecoin’s 47% Pullback Sets Stage for A Mega DOGE Price Rally Ahead

The world’s largest meme coin, Dogecoin, has come under massive selling pressure recently dropping 17% over the last week and more than 33% over the last month. As of press time, the dogecoin (DOGE) price is trading 4.5% down at $0.1255 with a market cap of $18.09 billion. However, market analysts continue to be bullish […]

XRP Price: Ripple Locks 800M Coins Amid Massive XRP Movements, What’s Next?

The XRP price was on the investors’ radar today, amid a massive whale transfer of the coin. Meanwhile, Ripple has locked 800 million XRP to escrow today, amid a series of other hefty transfers, which have sparked speculations over the potential move of Ripple behind the transfers. Notably, this move comes after the firm unlocked 500 million XRP from Escrow recently. […]

Peter Schiff Highlights Bearish Pattern Formation in BTC Price, Predicts Downside Target

Against the backdrop of Bitcoin’s price correction over the past week, renowned crypto critic Peter Schiff recently fired a jab at the world’s first digital currency, stirring a whirlpool of crypto market participants. In a post shared by the crypto critic today, Schiff spotlighted a bearish pattern in BTC’s chart, anticipating a downside for Bitcoin’s […]

Crypto Prices Today May 2: Bitcoin At $57K, Ethereum Continues Decline, Solana Recovers

The top crypto prices today witnessed continued declines as the Bitcoin (BTC) price plunged to the $57,000 level. In addition, the Ethereum (ETH) price geared up for a dip below the $2,900 mark, losing hold on a crucial level. However, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) rebounded significantly, defying the bearish […]

U.S. Bitcoin ETF Outflows Surge Past $560 Million, More Pain Ahead?

The outflows from the U.S. spot Bitcoin ETFs have exacerbated further surging past $500 million on Wednesday, May 1. This massive selling pressure comes following the FOMC meeting when Fed Chair Jerome Powell announced to keep interest rates unchanged pushing the Bitcoin price another 5% down to $57,500. Fidelity Bitcoin ETF Outflows Beat Grayscale’s As […]

Cryptocurrencies With the Most Potential in 2024

Crypto traders are searching for what to buy next, as we all expect a busy market ahead. It’s always best to invest in cryptocurrencies based on your needs, such as with cryptocurrencies under $1. Are you thinking long-term, or are you out for immediate gains? If you’re looking at something long-term, it’s best to decide […]