Category: CryptoX News

SOL and DOGE are bearish but there’s “good news”: Analyst

Solana (SOL) and Dogecoin (DOGE) are struggling with bearish pressure as the broader crypto market mirrors Bitcoin’s price decline. As Bitcoin (BTC) hovers near the $66,000 threshold, Solana price is flirting with a key level while Dogecoin is trading lower inline with the broader altcoin sector. Solana price today After dipping nearly 9% in the past 24 hours, Solana price is below $150. The tumble to lows of $145 for the 5th-ranked altcoin by market cap has an analyst saying that SOL price is at a “make or break” zone.…

FLOKI, WIF, & APORK labelled as june’s top altcoin picks by crypto experts

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FLOKI, WIF, and APORK have been labeled as June’s top altcoin picks by crypto experts. Many market experts have agreed that the trading of Ether ETFs scheduled to begin in June would kick off a major altcoin season. In this period, the global altcoin market is expected to perform better than Bitcoin, yet some coins will stand out more than others. So, according to crypto experts, Floki, Dogwifhat, and…

AI tokens FET, AGIX, OCEAN merger delayed to July

FET, AGIX and OCEAN, the native tokens of the Artificial Intelligence (AI) projects Fetch.ai, SingularityNET, and Ocean Protocol, traded lower on Tuesday as Bitcoin dumped amid market anxiety around Fed’s take on interest rates in the US. But that’s not the only factor that could have had the three AI-related tokens dumping more than 7% each. On Tuesday, the Artificial Superintelligence Alliance, an AI research entity bringing Fetch.ai, SingularityNET and Ocean Protocol together, released a news update. Posted on X, an update related to the three project’s anticipated token merger…

Bitcoin Price Crashes Below $67,000: Key Reasons

The Bitcoin price has fallen by 4.7% since peaking at $71,231 yesterday, now hovering around $66,967. This decline marks a notable return of volatility in the market, driven by several critical factors. #1 Federal Reserve’s FOMC Meeting Anticipation The Bitcoin market seems to be in a risk-off mode ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting on Wednesday, June 12th. The  market’s sensitivity to macroeconomic indicators is on full display as stakeholders await the US Federal Reserve’s decision on interest rates and its economic projections. Current expectations suggest that…

Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent, showing a possible direction for the price. Bitcoin Enters Sideways Consolidation In an analysis on the TradingView platform, crypto analyst Bitcoin Signals revealed some important developments for the Bitcoin price. The first observation is the…

PlayDoge presale raises $3.5m in two weeks, combining memes with P2E gaming

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PlayDoge’s presale surpasses $3.5 million in two weeks, combining the viral appeal of memecoins with the engaging world of Play-to-Earn (P2E) gaming. It’s been a triumphant opening two weeks for the PlayDoge (PLAY) presale, cruising past the $3.5 million total raised mark. Combining the virality of memecoins with the compelling allure of Play-to-Earn (P2E) gaming, PlayDoge’s crossbreed narrative is causing a buzz. The presale initially launched on BNB Smart…

AKT gains 9% as Akash Network unveils future roadmap at decentralized AI event

Akash Network, a leading player in the decentralized cloud computing sector, has seen its native token, AKT, emerge as one of the top gainers among the top 100 cryptocurrencies, At the time of writing, AKT is still up 9% in the last 24 hours, trading at around $4.48 per coin. In the same time frame, the token experienced a daily trading volume of $51.7 million, up 495%. The crypto asset’s market cap has also climbed to $1.07 billion, making it the 76th-largest cryptocurrency. AKT 24-hour price chart | Source: CoinMarketCap…

British crypto exchange Lykke loses over $22m in hacker attack

U.K.-based crypto exchange Lykke said over $22 million worth of crypto had been stolen from its wallet in early June. British cryptocurrency exchange Lykke reported a loss exceeding $22 million following a cyberattack on its wallet. Lykke UK and Lykke Corp AG (Lykke) suffered an attack on their infrastructure on June 4. The affected systems were immediately shut down to limit damage. The identified security breaches have been thoroughly examined and fully addressed. — Lykke✨Zero-fee crypto exchange✨ (@lykke) June 10, 2024 In a Jun. 10 post on X, the crypto…

Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability

Solana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to address network performance and stability. The release includes a central scheduler functionality that can be turned on optionally, focused on solving performance issues identified when there is network congestion. According to Solana Beach, a validator statistics […] Source CryptoX Portal