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Showing posts from April, 2024

Gold Price: Why Recent Slump Doesn't Deter $2,700 Target

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Throughout 2024 thus far, Gold has performed immensely well. Since December of last year, the asset has been setting new all-time marks. Yet, it has also undergone a recovery over the past several days. However, the recent slump in gold prices doesn’t deter its $2,700 price target for 2024’s end. Earlier this month, GOLD recorded a notable decline in value. Specifically, the asset is currently trading at just below the $2,300 mark that it had held onto for a few weeks. However, the overall drivers to GOLD ’s success this year ensure that it can continue its climb. Also Read: Gold Prices Fall Ahead of Wednesday’s FOMC Meeting Gold Price Correction Won’t Change Upward Trajectory Although we are only a few months into the year, GOLD and Bitcoin still prove to be the most prominent assets. Their increase in prominence may be for different reasons, but both provide optimism for future performance as the year continues and recent corrections have diminished some of their treme

Top 10 cryptocurrencies by development activity heading into May

Over the past 30 days in the  crypto currency space three prominent contenders emerged as frontrunners on the blockchain technology development activity leaderboard. According to the behavior Analysis platform, Santiment on April 29, Optimism (OP), Cardano (ADA), and Hedera (HBAR) have taken center stage, showcasing significant strides in advancement and community engagement. Optimism at the helm, boasts a Development Activity score of 467.07, with its focus on scaling Ethereum (ETH) through optimistic rollups, alleviating the network’s congestion issues and enhancing user experience as well as seamless low-cost transactions. Picks for you Sell-off incoming? Ripple to unlock 1 billion XRP on May 1 53 mins ago US economist warns inflation threat is ‘gravely understated’ 1 hour ago Economist predicts crisis to make prior recessions look like ‘Sunday school picnic’ 3 hours ago Is Russia banning crypto? Lawmaker weighs in 20 hours ago Cardano,

Top 10 Shiba Inu Holders in 2024?

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The who’s who of Shiba Inu: Top 10 Shiba Inu Holders in 2024? If you’re in the crypto space, you could be a huge fan of the Shiba Inu token. Maybe over time, you’ve followed the ups and downs of this cryptocurrency. Well, now it’s 2024 and you might be wondering “Who are the biggest holders of Shiba Inu this year?”Today we’re going help you uncover just that. Oddly enough, it breaks down into just 3 categories, so we will highlight those three specifically. Keep reading to find out more. Also read: Shiba Inu: AI Predicts SHIB Price For May 1, 2024 Top 10 Shiba Inu Holders in 2024? The top 10 breaks down into three main categories: Valik, Exhance Wallets, and Whales. Vitalik Buterin (Founder of Ethereum) Vitalik Buterin is the top Shiba Inu crypto holder. He is the one who helped co-found Ethereum and is probably one of the most influential people in cryptocurrency. One of the things he’s most known for that caused an uproar about was his decision to burn a larg

3 cryptocurrencies under $0.10 to buy in May

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Although most cryptocurrencies have entered a state of boredom, including the sector’s representative, Bitcoin (BTC), which hasn’t yet lived up to the hype built up prior to its recent halving event, some crypto s, still available under $0.10 apiece, might be a good investment in May. Indeed, Finbold has analyzed the crypto sphere to arrive at the list of three digital assets that are currently changing hands below the price threshold of just ten cents per wholecoin and which might be among the best purchase choices for crypto traders and investors next month. #1 SKALE (SKL) Specifically, the first on the list is SKALE (SKL), a token of the modular blockchain network aiming to bring scalability to Ethereum (ETH) and which Michaël van de Poppe recommended as an altcoin to “generate a 3X in BTC, with the lowest amount of risk,” as the “altcoins momentum is on the horizon.” Picks for you Recharging required: Can EV stocks bounce back from recent lows? 1 min ago Do

$15 billion-revenue payment provider reintroduces cryptocurrencies

Stripe, a global payment processing giant with annual revenues exceeding $15 billion, has announced plans to reintegrate cryptocurrency into its payment options.  This strategic shift comes six years after the company ceased all cryptocurrency transactions, citing the volatility and inefficiencies of Bitcoin (BTC). Stripe plans to relaunch its crypto payment services later this summer, initially supporting Circle’s USDC stablecoin, signaling a renewed confidence in digital currencies. Picks for you Solana trader turns $49,000 into $2 million in 5 hours 2 hours ago 2 crypto currencies to reach $100 billion market cap in May 2 hours ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 3 hours ago Popular Bitcoin wallet bans United States citizens from its service 4 hours ago John Collison, co-founder and president of Stripe, shared the company’s vision for a revitalized approach to crypto payment s at the Global Internet Econ

Bitcoin volatility incoming: Here’s new springboard to watch out for

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As Bitcoin (BTC) bulls grapple with the monumental challenge of sustaining prices above $60,000, a crypto analyst has issued a warning, suggesting that market participants should brace for further downside before any chance of resurgence. In an X post on April 27, the analyst, who goes by the pseudonym YG Crypto, highlighted Bitcoin’s current critical support level of $59,000-$60,000, indicating potential volatility ahead for the leading cryptocurrency. Once this support is established, the analyst suggested that it will be pivotal in determining Bitcoin’s future price trajectory, potentially signaling either a rebound or a breakdown as it serves as the next significant springboard . Picks for you Vitalik Buterin slams cryptocurrency mining ‘quite centralized’ 28 mins ago 2 cryptocurrencies to watch closely next week 2 hours ago Here is why Robert Kiyosaki believes the US economy is in depression 3 hours ago Bitcoin sell-off alert as ETFs take a hit an

Pantera Capital Wins Bid To Purchase a Stash of Discounted Solana From Bankrupt Crypto Exchange FTX: Report

Crypto asset manager Pantera Capital has reportedly won a bid to purchase discounted Solana (SOL) from bankrupt crypto exchange platform FTX. According to a new report by Bloomberg, an anonymous person familiar with the matter says that Pantera won a bid to purchase a discounted stash of the Ethereum (ETH) rival. Though the details of the deal haven’t been made public yet, the person says that 2,000 SOL tokens were sold this week. Earlier in April, FTX sold about 66% of its $2.6 billion trove of SOL at a discounted price of about $60. SOL is trading for $142 at time of writing, a 1.85% decrease during the last 24 hours. On November 1st, SOL was trading for just $41.40. The report says that the Solana sold by FTX is locked by an agreed-upon vesting period and will have to be held for at least four years. Though the exact specifics of the sale are currently unknown, the anonymous source said that the tokens were each sold at a higher price than they went for duri

Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks

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A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. “Highly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich quick, they’re going to enter the casino with us. Adapt or continue to underperform.” The analyst also reveals his top memecoin picks starting with large market cap projects: Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF). The analyst’s top mid-cap memecoin picks include Brett (BRETT), Joe Boden (BODEN), Popcat (POPCAT), Coq Inu (COQ) and Myro (MYRO). The analyst also says that BONK is likely to continue to outperform another Solana (SOL) based memecoin, WIF. “WIF: Bonk and WIF take turns leading as the Solana meme leader. It looks like eyes are mostly on BONK at the moment and I expect there

Shiba Inu: Bracing for Bullish Trends? Exchange Reserves Hit 2-Year Low

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Shiba Inu [SHIB] investors have been eagerly looking forward to a possible resurgence in the meme coin’s performance. Despite enduring notable volatility throughout April, SHIB appears to be turning over a new leaf and making a comeback. At press time, SHIB was trading at $0.00002517 following a 21.38% jump over the last seven days. Another factor to consider is that the meme coin rose by 47% from its recent low on April 13. Source Also Read: Shiba Inu Coin’s Q2 2024 Outlook: Maximum Gains or Market Volatility? Is Shiba Inu’s Fate Looking at a Reversal? A prominent indicator that captures the attention of investors is the notable drop in SHIB exchange reserves. Data from CryptoQuant reveals that SHIB exchange reserves have witnessed a plummet to around 150 trillion assets this week. This marks the lowest level recorded since February 2022. Looking back at Feb. 29, the total SHIB reserve on crypto exchanges stood at around 164 trillion tokens. In less than two mont

Inside Parcl: Trade Real Estate Like Never Before?

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Parcl, a pioneering Solana-based platform, aims to revolutionize the real estate market by introducing liquidity to this traditionally illiquid asset class. It created a comprehensive real estate index with a marketplace that facilitates browsing of global real estate indices and cross-margin perpetual contract trading. Having raised $11.6 million through two financing rounds, Parcl demonstrates a significant interest from investors. In a conversation with co-founder Kellan Grenier, we explore the platform’s technical framework, its approach to overcoming real estate challenges, and its strategy for future token issuance, offering insights into both the innovative potential and the complexities of modernizing real estate transactions with blockchain technology. The views expressed by the interviewee are personal opinions and do not represent the views of WuBlockchain or constitute any financial advice. Readers are advised to strictly comply with local laws and regulations. Audio-to-tex

Shiba Inu: How High Can SHIB Surge In May 2024?

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In the crypto -verse, very few assets have managed to garner as much fervor as Shiba Inu. The meme coin has navigated the unpredictable market with agility despite being born from the internet culture. As we inch closer to May 2024, the community awaits to see what the asset has in store. Following a tense week of declines, the overall market has been on the path to recovery. Bitcoin [BTC] managed to breach a prominent threshold of $64,000. Amidst this, SHIB has been passive. At present, SHIB is seen trading at $0.00002705. bolstered by a 2% daily surge. Source Did this Whale Ignite an Uptick? The market movements aren’t the sole catalysts for speculation. A recent transfer of a whopping 3 trillion SHIB tokens valued at $79.94 million, echoed throughout the Shiba Inu community. Whale Alert revealed the transaction between the mysterious wallets. The transfer, from wallet address “0x73a…4d935” to the enigmatic “0x2ef….2e204,” has raised eyebrows for several reasons. Not onl