Analysts Forecast Explosive 200% Rally

Floki Inu (FLOKI), the meme coin inspired by Elon Musk’s Shiba Inu pup, is barking up a storm, with analysts predicting a potential price surge of 120% to a whopping 200% in the coming months. This comes amidst a period of impressive performance for FLOKI, defying a sluggish overall market. Related Reading Floki Inu Soars Against The Tide While the cryptocurrency market has faced turbulence recently, FLOKI has been charting its own course. Over the past month, the meme coin has skyrocketed by 40%, showcasing resilience and defying the broader…

Bitcoin, Ethereum prices rise after U.S. inflation report

Bitcoin and stocks experienced a notable price increase following the release of the April U.S. inflation data. The Consumer Price Index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, indicated a 3.4% increase in consumer prices from last year. The year-over-year inflation figure represents a slight decrease from March’s inflation rate of 3.7%, as reported by the U.S. Bureau of Labor Statistics (BLS). 24-hour price of BTC from CoinMarketCap Shortly after the BLS published…

No regulatory wild west: how the ICO applies the law to emerging tech

Hello and thanks for having me here at New Scientist’s emerging tech summit. It’s a great opportunity to take part in such an event – talking about emerging technologies and their effect on all aspects of society. A bit of audience interaction to begin. Cast your minds back to November 2022. A little programme called ChatGPT was launched. Now, let’s bring you forward to February 2023. That programme just hit 100 million users. Suddenly generative AI was a key buzzword. It was all anyone could talk about – analysts said…

Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week

Crypto analyst CryptoCon has revealed a key level to watch out for as Bitcoin attempts to break critical resistance levels. The analyst suggested that a drop to this price level may not be bad for Bitcoin and could instead be necessary for it to finally make that price rally.  $57,938 Is The Price Level To Keep An Eye On CryptoCon mentioned in an X (formerly Twitter) post that $57,938 is the “new price to watch for the 20-week EMA (Exponential Moving Average).” He noted that such a price drop might…