Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus and Russia, but is observed worldwide. He attributed the declining relevance of these currencies to the controversy surrounding […] Source CryptoX Portal
Month: May 2024
Is The Bitcoin Bottom In? Analyst Reveals Key Price Levels
In his latest technical analysis, veteran crypto analyst Christopher Inks offers a detailed look at the current Bitcoin market structure through a comprehensive chart analysis. The chart, recently shared on X, shows Bitcoin’s price movements alongside several key technical indicators and levels that could signal a potential reversal from its bearish trend. The analyst illustrates Bitcoin’s price action with daily candlesticks over the past few months, pinpointing significant support (S1, S2) and resistance (R1, R2) levels. As of press time, Bitcoin traded at around the $63,000 mark, encapsulated by two…
Notcoin suspends NOT deposits on crypto exchanges
The Notcoin team announced that starting May 14, users will no longer be able to send their tokens to crypto exchanges. The post on X said the next time the Notcoin (NOT) withdrawal option will be available is after the coin’s listing on May 16. ⚡️ Notcoin direct deposits to exchanges will be closed tomorrow (May 14th). The next time withdrawal options (including on-chain claim) will be opened after the listing. Please make sure you have initiated the transfer to exchange if you want to start trading from the first……
U.S. Senators Question Justice Department’s Pursuit of Crypto Mixers Such as Tornado Cash
The DOJ also argued in a court filing that FinCEN’s guidance addressing crypto mixers didn’t address the idea of “control,” a stance that the senators’ letter took issue with. In its filing from last month, the DOJ said anything that facilitates the transfer of funds would meet the legal definition of a “money transmitter,” likening the wallet to a USB cable that transfers data or a frying pan that transfers heat. Source
Why A 100% Rise Is Possible From Here
While the focus has mainly been on Bitcoin and Ethereum through the downtrend, other smaller altcoins such as Theta Network with much more potential have been flying under the radar. However, crypto investors are no longer ignoring these altcoins and have begun to call out the opportunities in these cryptocurrencies. Theta Network Is Looking At A Breakout Crypto analyst CobraVanguard has called out an interesting formation in the THETA chart that suggests that a massive breakout might be on the horizon. In the analysis which was posted on the TradingView…
The Sandbox’s Nicola Sebastiani on Bringing Gaming to the Metaverse
Yes, the metaverse buzz diminished for the public. However, in the broader gaming aspect, we really entered the world of user-generated content with some of the biggest gaming platforms, including, for example, Fortnite. We’re doing it, we believe in it. It’s what we stand for. And it is probably one of the biggest trends in interactive media today. Source
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto Asset Market Sees Varied Performance This week saw a mixed performance within the crypto […] Source CryptoX Portal
Wolverine-Themed Meme Coins Flood Market Following Cryptic Post by Keith Gill
TheRoaringKitty’s return potentially brings a new narrative to meme coin trading. The immediate rise in X-Men characters and meme coins related to Gamestop and Melvin Capital, the hedge fund that got squeezed out of a GME short three years ago, demonstrates a clear crossover from TheRoaringKitty’s traditional finance following and crypto meme coins. Source
Shiba Inu (SHIB) And Litecoin (LTC) Whales On The Move As ETFSwap (ETFS) Raises $2 Million – Blockchain News, Opinion, TV and Jobs
ETFSwap (ETFS) outshines Shiba Inu (SHIB) and Litecoin (LTC) as liquidity flows into its ecosystem. With stealth and precision, ETFSwap (ETFS), the new kid in the block, is observed to completely poach long-term whales and investors of top crypto projects, Shiba Inu (SHIB) and Litecoin (LTC). Not just whales from Shiba Inu (SHIB) and Litecoin (LTC) alone, but the broader cryptocurrency industry, as big whales and smart money identify the increased investment potential and returns of ETFSwap (ETFS) backed by its platform’s innovative utilities. ETFSwap (ETFS) recently raised a whopping…
GameStop's Halting Rally Has Crypto Howling
GameStop's Halting Rally Has Crypto Howling Source