Leg Up Coming? Crypto Analyst Weighs In On JUP’s 13% Surge

Jupiter (JUP) has had a remarkable month, with its price skyrocketing over 150% in the last 30 days. Amid the crypto market slowdown and some controversies, JUP’s performance has maintained momentum. Crypto Analyst Sees “Decent” Entry Spot For JUP Jupiter’s JUP started the month trading around $0.63 and has seen the price jump 106% in 25 days. The token’s performance this month showed sideways price action before climbing to a new support level twice, which could suggest that another price surge is possible despite the turbulent week. In an X…

GAIMIN’s GMRX Listed on Cryptocurrency Exchanges

PRESS RELEASE. Zug, Switzerland, 25th March 2024 – GAIMIN, the world’s leader in delivering GPU-based decentralised data processing services through gaimin.cloud, today announces its GMRX utility token will be listed on cryptocurrency exchanges. GMRX is a utility token designed to support GAIMIN’s ecosystem, rewarding users for allowing their PC-based GPUs to participate in gaimin.cloud, processing […] Source

Internet Computer rallies 40%, emerges among the top weekly gainers

Internet Computer’s token price reached $17 today, its highest in two years. The price increase represents a 500% increase from its lowest price just six months ago. The network reached three billion blocks today, indicating a high activity level and robustness, reflecting its capacity to handle transactions and interactions efficiently. According to CoinMarketCap, the token’s daily trading volume surged 126%. ICP’s surge reflects growing investor interest and confidence in the token, contributing to its price increase.  The network also recently rolled out ckBTC, a digital asset mirroring Bitcoin. The new digital…

Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next

Crypto expert popularly known as KSI has shared his thoughts on how the Bitcoin price could progress until the peak of this bull cycle. Based on his prediction, the flagship crypto could experience significant dips on its way to a new all-time high of $100,000.  $80,000 Could Be Next For Bitcoin KSI mentioned in an X (formerly Twitter) post that Bitcoin could rise to between $73,000 and $80,000 from here. However, a correction could quickly follow, as the crypto analyst remarked that Bitcoin would drop to between $50,000 and $60,000…

Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy

This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved the transfer of 94,504.03 bitcoin into three distinct addresses. One of these recipient wallets has now risen to become the sixth-largest bitcoin holder, showcasing a […] Original

Bitcoin Top In Yet? What The Legendary MVRV Ratio Says

Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top. Bitcoin MVRV Ratio Has Seen A Decline To The 2.34 Level According to data from the market intelligence platform IntoTheBlock, the BTC MVRV ratio surged high earlier this year as the cryptocurrency rally took place. The “MVRV ratio” is a popular indicator that tracks the ratio between the Bitcoin market cap and the realized cap. The former is simply the total valuation of…

Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

Alderoty wrote that the company will file its response to the SEC’s motion next month, adding “As we all have seen time and time again, this is a regulator that trades in statements that are false, mischaracterized and designed to mislead … Rather than faithfully apply the law, the SEC remains bent on wanting to punish and intimidate Ripple – and the industry at large. We trust the Court will approach the remedies phase fairly.” Source

London Stock Exchange Sets May 28 for Crypto ETN Trading Commencement

The London Stock Exchange (LSE) has designated May 28 as the start date for trading in Crypto Exchange-Traded Notes (ETNs). Only professional investors will have authorization to engage in trading activities related to these ETNs. ETN issuers have until April 15 to submit their plans, ensuring eligibility for trading commencement in May. The LSE decided to commence trading on May 28 after careful consideration. It allows sufficient time for ETN issuers to meet the requirements outlined in the Crypto ETN factsheet. Additionally, it provides issuers planning to admit securities on…

Is Nigeria Strong-Arming Binance?

Of course, Nigeria might do well to welcome the crypto industry to the country, which will help jumpstart a financial services industry and contribute to the national coffers. Notably, after Gambaryan and Anjarwalla’s arrest, a Binance spokesperson said that Nigeria was “not yet” one of its top markets, though the country, with a population of more than 200 million people, holds “extraordinary potential and we hope to continue to invest there.” Source