Month: May 2024

Chainlink Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead

boss

Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector. Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen as a barometer for the broader altcoin ecosystem. This observation places Chainlink at the center of potential market trends, suggesting that its performance could presage movements across other cryptocurrencies. Related Reading Chainlink $16 Mark: Catalyst for Altcoin Market Optimism Van de Poppe’s analysis, shared on social media platform X, underscores the importance of Chainlink’s price stability around the $16 mark. Maintaining this…

Market Expert Says XRP Price Reaching $1,000 Is Inevitable, Here’s Why

boss

Despite its unimpressive price action, crypto analysts have maintained faith in the XRP price, offering bullish price predictions for the crypto token. This time, crypto analyst BarriC has predicted that XRP’s price reaching four figures will undoubtedly happen.  XRP Price Will Reach $1,000 At Some Point BarriC explained in an X (formerly Twitter) post why he believes XRP will eventually reach $1,000. He mentioned that no one could have envisaged that Bitcoin would hit $73,000 when it was still trading at $330 in 2016. He also made reference to other…

UK Digital Bank Blocks Clients From Performing Crypto Transactions

The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline Cryptocurrency-Related Bank Transfer Requests London-based digital bank Kroo has barred its customers from […] Source CryptoX Portal

Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says

A U.S. citizen, Gambaryan has been in detention in Nigeria for more than two months. He was invited by the nation’s authorities to resolve a dispute that government has with Binance. Instead, after a meeting with government officials, he and another Binance executive, Nadeem Anjarwalla, were taken by law enforcement officials. Anjarwalla later escaped but is included in the money laundering charges. Source

Ethereum Deposits At 4-Month High: Whales Preparing For Selloff?

boss

On-chain data shows that the Ethereum exchange netflow recently spiked significantly, a sign that could be bearish for the cryptocurrency’s price. Ethereum Exchange Netflow Registered A Large Positive Spike Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend that has been occurring in the exchange netflow metric for Ethereum. The “exchange netflow” here refers to an on-chain indicator that tracks the net amount of any given cryptocurrency entering into or exiting the wallets associated with centralized exchanges. Related Reading When this…

Insights into its impact on Bitcoin’s ecosystem

boss

Andreas Brekken, founder of SideShift.ai, recently shared his insights on the emerging Runes Protocol and its implications for the Bitcoin ecosystem. Crypto.news received exclusive comments via email on Brekken’s views about the Runes Protocol, which gained hype and popularity during the recent Bitcoin Halving. The Runes Protocol, which utilizes the Bitcoin UTXO model without adding a secondary fee token, offers a streamlined approach to token standards that could improve transaction efficiency and lower costs. “The Runes standard improves on previous models by sticking to Bitcoin’s UTXO model and not adding…

Artdollar (AD) Is Now Available for Trading on LBank Exchange

boss

PRESS RELEASE. Road Town, BVI, May 28, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Artdollar (AD) on May 28, 2024. Users of LBank Exchange can brace themselves for the AD/USDT trading pair, which went live already. […] Source

New meme coin ICO raises $3M as investors back WienerAI to explode

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The WienerAI (WAI) presale has recently surpassed the $3 million total raised mark as interest in its novel use case ramp-ups. But for those familiar with crypto’s current market dynamics, the project’s unwavering support will be no surprise. Let’s take a look at why this AI meme coin project is in such high demand. Meme coin meets AI trading bot – the ultimate crypto narrative of 2024 The essence…