Pepe (PEPE), Dogwifhat (WIF) and Shiba Inu (SHIB) all plummeted over the past 24 hours as meme coins flashed crashed to erase a chunk of […] Go to Source
Monthly archives: May 2024
Analyst Who Nailed 2018 Bitcoin Bottom Says FLOKI Primed To Hit ‘Escape Velocity’ Soon – Here Are His Targets
A widely followed analyst and trader who accurately predicted the 2018 Bitcoin (BTC) bottom six months prior is expressing bullish sentiment on the 48th-largest crypto asset by market cap. The analyst pseudonymously known as Bluntz tells his 260,300 followers on the social media platform X that FLOKI (FLOKI) is forming an uptrending stair-step pattern on …
Blackrock updates S-1 filing for Ethereum ETF, marking step toward launch
BlackRock amended the S-1 registration statement for its spot Ethereum ETF in a May 29 filing, marking a step toward approval. The filing builds on BlackRock’s original registration statement, which was initially filed in November 2023. Bloomberg ETF analyst James Seyffart called the filing a step toward launch after the SEC approved 19b-4 listing rule …
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Web3 Gaming Platform Zkasino Kickstarts Process Enabling Users to Retrieve Ethereum Tokens
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull Allegations The team behind …
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration …
Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns of 1.6-2.8% for 120 days on investments between $50 and $49,999, they lured …
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Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade …
Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s determination to transform El Salvador into a hub for the bitcoin and AI communities — two of the most significant economic and technological …
Bank of America’s Wealth Management Division Leaks Names, Social Security Numbers of 1,883 Pension Plan Members
Bank of America’s wealth management firm, Merrill, says an employee has accidentally leaked the personal data of 1,883 pension plan members. The banking giant sent a data breach notice to the Office of the Maine Attorney General stating the employee inadvertently emailed the first names, last names and Social Security numbers of Walmart 401(k) plan participants to …
Dogecoin (DOGE) at Risk of Rejection Regardless of Next Bitcoin Move, According to Analyst – Here’s His Outlook
A crypto strategist known for going against crowd sentiment is warning that Dogecoin (DOGE) will likely take a dip even if Bitcoin (BTC) breaks out to new all-time highs. Pseudonymous analyst Credible explains to his 395,500 followers on the social media platform X how DOGE could fall regardless of BTC’s next move. “Right so two …
Ethereum Dips Further: Will the Slide Stop or Is ETH on a Rollercoaster?
Ethereum price extended its downside correction below the $3,800 support. ETH is now approaching the $3,720 support and might aim for a fresh increase. Ethereum extended its decline after it failed to stay above the $3,880 zone. The price is trading below $3,880 and the 100-hourly Simple Moving Average. There is a key bearish trend …
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Bitcoin Price Struggles: Can the Leading Cryptocurrency Start Fresh Increase?
Bitcoin price extended its decline below the $68,000 level. BTC is now slowly moving lower toward the $66,250 support zone in the near term. Bitcoin extended its downside correction below the $68,000 zone. The price is trading below $68,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with …
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Long-Term Bitcoin Holders Resist Selling Amid Recent Highs — What This Signals
As Bitcoin flirts with its previous all-time highs, the celebrated ‘diamond hands’—a term in crypto parlance denoting long-term holders (LTHs)—are demonstrating notable restraint, selling their holdings at a rate notably lower than in previous bull markets. According to a recent analysis by on-chain analytics firm Glassnode, despite the near $70,000 valuation, the selling pressure from …
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Shiba Inu Price Prediction: SHIB Shows Unusually High Strength Against Dogecoin
Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength. Shiba Inu Is Poised To Rip Through The Charts Cold Blooded Shiller …
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Mastercard Expands Crypto Reach With P2P Platform Launch Across 13 Countries
Mastercard has announced the launch of a peer-to-peer (P2P) platform for cryptocurrency users in Europe and Latin America. This initiative allows users on supported exchanges to send and receive cryptocurrencies using Mastercard Crypto Credential aliases, streamlining the transaction process. Mastercard Crypto Credential Pilot As announced on Wednesday, the platform extends its services to users in …
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