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Meme markets were buzzing with excitement following the return of Keith Gill, better known as Roaring Kitty, famed for his pivotal role in the January 2021 GameStop short squeeze. In his latest cryptic post, Gill shared a meme depicting a gamer in a focused stance.
FLOKI Price Prediction: Floki, the popular dog-themed meme cryptocurrency, has risen for three consecutive days despite the current market consolidation.
The integration is Robinhood’s first-ever crypto-staking product, according to the press release. Moreover, customers will be able to stake their Solana (SOL) directly through the applications. Additionally, they will be able to earn rewards and unstake at any time they so choose. Conversely, the announcement has arrived with a 5% surge in SOL’s value over the last 24 hours. Indeed, it currently is trading at $ 152, with its market cap also increasing by more than 5% in that same time frame.
Search for it security training for employees Remote Employees Training. Customized Training Pathways It Security Training For Employees | Search ads Specifically, Robinhood has announced that the platform is launching Solana (SOL) staking in Europe. Moreover, the rollout of the feature will debut alongside brand-new customer rewards for new users. Indeed, the company noted the new launch will seek to “increase accessibility, improve the user experience, and reinforce our commitment to Europe-based crypto traders.
US-based financial services firm Robinhood has announced the launch of Solana (SOL) staking in Europe. Moreover, the company’s trading application is also set to integrate brand-new customer rewards for European users who are new to the platform.
A green light from the SEC for these ETFs would open the door for institutional investment into Ethereum, potentially leading to a surge in demand and price. Conversely, a rejection could dampen investor sentiment and trigger a pullback.
A closer look at Ethereum’s weekly chart reveals a bullish undercurrent despite the recent price dip. The presence of higher lows and higher Highs throughout the past few weeks indicates a healthy uptrend, with the current pullback seen as a natural consolidation phase.
At this point, data on the US Producer Price Index (PPI) was also announced today. The data disclosed is as follows: Core Producer Price Index (Monthly): Announced 0.5% – Expected 0.2% – Previous 0.2% Core Producer Price Index (Annual): Announced 2.4% – Expected 2.4% – Previous 2.4%
\`this week on lens.\` edition 49 🧜♀️ gm gm ☀️ please share your #lens highlights of calendar week 19 in the comments :-). \`this week on lens\` featuring <https://hey.xyz/posts/0x6079-0x11ac> by @lens/cmn_\_ . the revenue of this week's post will go to the lucky winner 🥁🥁🥁 @lens/pedrovilela 🥳 thank you so much for sharing your highlights last week 🤍 @lens/pedrovilela \#thisWeekOnLens
Study this chart You can see the green line. 👀 Bitcoin's halving just happened. Price is hovering still below last cycles ATHs. Historical price data, + ETF, + trump/election, + global macro, + tech adoption, + momentum, + fundamentals, & everything else. The next 9-11 months (maybe 18) should be wild.
Bitcoin is showing the potential for a significant recovery, driven by recent ETF activities and price stabilization. According to SoSoValue, the Hong Kong Bitcoin Spot ETF saw a net redemption of 519.5 Bitcoins on May 13, bringing the total number of Bitcoins held to 3,560. This ETF has experienced net redemptions for three consecutive days, with a single-day turnover of $ 4.25 million and total net assets of $ 219 million. Meanwhile, the HK ETH Spot ETF holds 13,350 ETH. Read more on U.Today <https://u.today/bitcoin-btc-could-be-on-verge-of-surprising-comeback>
This trend of redemptions is not unique to Hong Kong; Bitcoin ETFs in Western markets are also experiencing similar patterns. While the initial reaction to net redemptions might seem bearish, these outflows can actually be bullish indicators as they often lag behind market sentiment. The current lack of inflows suggests that retail investors are regaining control, which can lead to a price recovery for Bitcoin. Read more on U.Today https://u.today/bitcoin-btc-could-be-on-verge-of-surprising-comeback
Ripple has stressed that the redactions are “narrowly drawn” and “warranted” due to their “sensitive” nature. Moreover, Ripple is also seeking to protect the identities of certain non-party financial institutions, customers as well as employees. The disclosure of these identities would be “detrimental” to their “legitimate privacy interests,” according to the filing. This could potentially damage Ripple’s partnerships. As [reported by U.Today](https://u.today/sec-v-ripple-key-details-from-2-billion-motion-for-remedies), the SEC is requesting more than $ 2 billion worth of fines and penalties from Ripple. However, the defendant insists that the civil penalty should not exceed $ 10 million.
Ripple claims that the disclosure of these non-public documents would cause “significant harm” to its business interests. The company wants to seal or redact highly confidential information concerning its earnings, revenues, expenses and so on. In addition, Ripple wants to keep its contractual agreements with thirty-party business partners under wraps. While the Ripple admits that the fact that it offered discounts to institutional XRP buyers is relevant, it it not willing to disclose the specific financial and pricing terms.
Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
Volume analysis reveals increased buying activity during recent dips, indicating strong support from buyers at lower price levels. This accumulation phase often precedes a price rally, as investors take advantage of lower prices to build their positions. The market's stabilization and the lack of significant inflows into ETFs imply that retail investors might be gearing up for a price recovery. Historically, when retail investors regain control, it often leads to a more sustained and organic price increase. Read more on U.Today <https://u.today/bitcoin-btc-could-be-on-verge-of-surprising-comeback>
Ethereum price opened trading at $ 2,928 on Monday, May 13, recording a 4% surge over the weekend, but recent ETH 2.0 staking trends suggest more downside ahead.
Regarding the Securities and Exchange Commission (SEC), Garlinghouse criticized the agency’s tactics, describing the regulator as a “bully” that targets weaker entities in the crypto space through “malicious and manipulative” methods. Notably, Ripple has notched a few victories in its lawsuit filed by the SEC last July. Despite the agency’s efforts, he remains confident in the crypto industry’s resilience against regulatory attempts. Meanwhile, he also reiterated his belief that the crypto market has the potential to reach a market cap of $ 5 trillion by the end of this year. He advised investors to adopt a long-term perspective, cautioning against diving straight into crypto trading.
During an interview with Chris Vasquez on the World Class YouTube channel, Garlinghouse predicted another crypto-related black swan event similar to the FTX collapse and exposure of fraud involving its executives. He then urged that it is clear that the U.S. government is pursuing Tether, the largest stablecoin issuer. While Garlinghouse did not directly label any potential U.S. action against Tether as the next black swan event, he described it as an “interesting one to watch.”
Brad Garlinghouse, the Ripple CEO, expressed concern over the U.S. government’s scrutiny of Tether, the leading stablecoin issuer by market capitalization. Garlinghouse made the statement in an interview, sharing his perspective on finding success, lessons learned from Silicon Valley over the years.
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Guotai Junan International’s strategic initiative to launch virtual asset spot ETF based structural products in the Hong Kong market marks a significant milestone in the region’s financial landscape. As a prominent distributor of spot ETFs for Hong Kong’s virtual currency market, the company’s move signals a strategic pivot towards catering to the growing demand for diversified investment options. By enabling investors to access listed virtual asset ETF products and providing a novel avenue through ETF stock bills (ELN), Guotai Junan fosters greater accessibility and liquidity in Hong Kong’s digital asset ecosystem. Furthermore, the company’s research report on SENSETIME-W (00020.HK) shows its commitment to delivering insightful market analysis and forecasting future growth trajectories. With promising revenue projections and a keen eye on emerging trends such as the generative [AI](https://coingape.com/glossary/artificial-intelligence/) market, Guotai Junan positions itself as a forward-thinking leader in the ever-evolving financial landscape.
In recent times, amidst a backdrop of global uncertainty in the digital asset ETF market, Hong Kong has emerged as a beacon of growth and innovation. Notably, the region has witnessed a substantial surge in both the adoption of virtual assets and the embrace of ETFs as a viable investment instrument. This trend showcases Hong Kong’s evolving financial landscape, characterized by a dynamic shift towards alternative investments and diversified portfolios. Against this backdrop, Guotai Junan’s introduction of Unique Spot ETF Offerings in Hong Kong stands as a testament to the region’s progressive approach to financial innovation. By pioneering new avenues for investment in the burgeoning virtual asset space, Guotai Junan not only responds to the evolving needs of investors but also reinforces Hong Kong’s position as a key player in the global ETF market.
This week, the market awaits crucial insights with the release of U.S. inflation data, starting with the Producer Price Index (PPI) on Tuesday, followed by the Consumer Price Index (CPI) on Wednesday. In anticipation of these inflation reports, the CME’s FedWatch tool predicts a 24.6% probability of a rate cut at the July Federal Open Market Committee (FOMC) meeting and a 48.6% chance at the September meeting. Interest traders project a 96.5% likelihood of unchanged rates at the June meeting. Ahead of the release of PPI and CPI data, the Bitcoin price has bounced back 2.5% and currently trading at $ 62,639.
Bitcoin’s market share, measured by Bitcoin dominance, provides insights into overall investor sentiment and risk appetite. Currently, Bitcoin’s dominance stands at 52.92%. A decline in this figure could signal a shift in investor interest towards altcoins, potentially marking the start of an altseason.
Another critical indicator is the Stochastic RSI, which assesses the strength and weakness of the Relative Strength Indicator (RSI) over a set period. A bullish crossing in this metric suggests that altcoins might be gearing up for significant price movements. If the total crypto market cap “retests” the EMA20 while also “crossing bullish” on the Stochastic RSI, it could lead to a ‘rally time’ according to the pseudonymous crypto trader Titan of Crypto.
Another critical indicator is the Stochastic RSI, which assesses the strength and weakness of the Relative Strength Indicator (RSI) over a set period. A bullish crossing in this metric suggests that altcoins might be gearing up for significant price movements. If the total crypto market cap “retests” the EMA20 while also “crossing bullish” on the Stochastic RSI, it could lead to a ‘rally time’ according to the pseudonymous crypto trader Titan of Crypto.
Market analysts are closely monitoring a set of key indicators that could signal the start of an altcoin rally. The first of these is the exponential moving average (EMA) over 20 days which emphasizes recent price changes and is crucial for timing potential rallies. A bullish crossover in the total crypto market cap’s EMA20 suggests that a rally might be imminent.
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EigenLayer, which raised an impressive $ 100 million from Andreessen Horowitz in February, and Babylon, which secured $ 18 million in December, are both focused on the burgeoning field of “restaking.” This innovative concept allows new projects and blockchains to leverage the security infrastructure and resources of established networks like Ethereum or Bitcoin, providing them with a jumpstart in the competitive crypto landscape. As Hannah Miller and Muyao Shen [reported](https://www.bloomberg.com/news/articles/2024-05-11/crypto-vcs-turn-back-to-professor-coins-as-funding-rebounds?srnd=cryptocurrencies-v2) for Bloomberg News, the expertise of Kannan and Tse in restaking technologies has not gone unnoticed. Riad Wahby, an engineering professor at Carnegie Mellon University and CEO of crypto startup Cubist, emphasized the significance of their research, stating, “They’ve thought about a lot of these kinds of restaking technologies. I mean, that’s sort of their baby, so it kind of makes sense. And I think more and more of this technology is going to come from research.”
Bumble has already begun integrating AI-powered features into its app, such as the “For You” match recommendation page, spam profile detector, and lewd image blocker. A spokesperson for the company reiterated Bumble’s commitment to creating safe, kind, and authentic connections, emphasizing that AI can play a role in achieving this goal. Looking to the future, Herd shared that Bumble aims to evolve beyond its current status as a dating app. The company’s vision is to become a comprehensive human connection platform, facilitating connections for various purposes, from finding a hiking buddy to a mahjong partner.
The report went on to say that while some view AI as a potential solution to the growing disillusionment with traditional dating apps, others remain skeptical. The concept of AI-powered dating has drawn comparisons to dystopian scenarios depicted in the Netflix series “Black Mirror,” raising questions about the impact on human connection and the potential for increased isolation and loneliness. Herd, however, maintains that the goal of incorporating AI into the dating process is to foster healthier and more equitable relationships. She envisions AI dating concierges as a tool to help people navigate their dating concerns and provide guidance on effective communication with new matches.
In a thought-provoking discussion at the Bloomberg Tech Summit in San Francisco, Bumble founder Whitney Wolfe Herd shared her vision for the future of dating – one where artificial intelligence (AI) takes center stage. Herd proposed a scenario in which singles could rely on AI-powered dating concierges to interact with potential partners on their behalf, streamlining the process and reducing the need for individuals to engage with hundreds of people. As NBC News reported, the idea of AI dating assistants has gained traction in recent months, with the emergence of profile enhancers like YourMove.AI and simulated chatbots like Volar. As generative AI continues to advance, the possibilities for its application in the romantic realm have sparked both excitement and concern.
Despite these potential hurdles, the collaboration between Kannan and Tse, as evidenced by their extensive joint research and publications, has instilled confidence in investors like Bloccelerate VC. The firm invested in both EigenLayer and Babylon, recognizing the unique value proposition each project brings to the table. Babylon’s focus on bringing restaking to the Bitcoin ecosystem presents an even more complex challenge, as Bitcoin utilizes a different validation mechanism than Ethereum. If successful, Babylon’s platform could address the long-standing issue of yield generation for Bitcoin holders, unlocking new opportunities for investors. EigenLayer, despite attracting more than $ 15 billion in crypto assets to its platform, faced its own setbacks with the launch of its Eigen token. Critics argued that the startup misunderstood the broader digital asset market, raising concerns about potential self-enrichment and sell-off pressure.
Dogecoin price prediction: DOGE, the meme-based cryptocurrency, recently experienced a notable decline in value. Over the past 24 hours, the DOGE price has dropped by 4.64%, currently at $ 0.1439. The chart shows a significant decline from a peak of $ 0.1511,
DOT is currently trading at $ 6.25, and Capo’s bullish thesis for the altcoin is supported by several factors. He mentioned significant changes made to enhance the network’s features and efficiency, referred to as Polkadot 2.0. Additionally, the deployment of parachains, integration with artificial intelligence projects like Phala Network (PHA), and appeal to Web3 game developers such as Mythical Games, which announced a switch from the Ethereum (ETH) network to the Polkadot network, are among the reasons Capo cited for his bullish stance.
regulatory oversight, the draft also includes provisions to strengthen innovation in Blockchain technology. It aims to give the SPK the authority to regulate developers of Blockchain and similar technologies and to introduce a licensing requirement for the distribution of cryptocurrencies associated with these innovations. Additionally, the legislation aims to encourage collaboration with institutions like TÜBİTAK, promoting the growth of software architecture necessary for Blockchain development. The implementation of this regulation not only promises to strengthen Turkey’s crypto environment but also aims to address concerns expressed by international bodies such as the Financial Action Task Force (FATF). By adhering to FATF Technical Standard No. 15, Turkey aims to move beyond its current “partially compliant” status and demonstrate its commitment to global financial integrity.
Cryptocurrency continues to captivate investors globally, and Turkey is preparing to enter the regulatory arena with a proposed bill concerning crypto assets. It has been announced that the AK Party will present a comprehensive regulation plan to Parliament this week,
🚨 Some Major news from yesterday🚨 - $Eigen is now claimable but non-transferable - $Celo proposal to launch its L2 using OP stack passed with 14.6M Celo vote approval. However, it’ll require a temperature check approval from there validators to be official - $L3 Layer3 to launch its token this summer with an initial 5% drop - $Arb Securitize backed by BlackRock submitted a proposal to deploy tokenized securities on Arbitrum - Binance and KuCoin were approved by India's anti-money laundering unit after being initially banned for operating illegally. - Fireblocks Trust Company will offer cold storage custody to U.S. clients pending regulatory approval from NYDFS.
Harvest “doesn’t rule out” applying for its ETFs that invest directly in crypto tokens to be included in the connect programme that links exchanges in mainland China and Hong Kong, as long as “everything goes smooth and well” in the next two years. SCMP reported. However, it is generally believed that the Beijing authorities are averse to cryptocurrencies and financial innovation. scmp.com/tech/blockchai…
Toncoin presents a mixed picture in terms of recent performance, with short-term fluctuations masking its impressive long-term growth trajectory. Over the past day, the token of the open-sourced the decentralized layer-1 blockchain, experienced a slight increase, settling at $ 6.87, marking a modest uptick of 0.98%. However, zooming out to the past week, the coin has demonstrated more substantial growth, boasting a surge of 18.43%. This upward momentum over the week contrasts with a downward trend over the course of the last month, where Toncoin saw a decrease of 8.06%. Despite this, Toncoin has shown resilience and growth over the year, soaring by 245.16%. This long-term period of strong performance highlights the coin’s appeal and potential for investors looking for consistent returns in the long run. Regarding market metrics, Toncoin has a market capitalization of $ 23.85 billion and a trading volume of $ 755.20 million over the previous 24 hours.
In the volatile world of cryptocurrency investing, envisioning possible outcomes and predicting potential profits can be thrilling and anxiety-inducing. Toncoin (TON) has displayed significant fluctuations in value, just like many other digital currencies, attracting investors interested in both short-term profits and long-term growth opportunities. Amidst the current crypto market downturn, where market capitalization has dropped by 3.21% in the last 24 hours to $ 2.25 trillion, the potential scenario of TON reaching $ 20 brings up a thought-provoking proposition. This article will delve into the theoretical situation through various investment scenarios, but first, let’s explore the current token price action.
The goal of the Worldcoin project is to create the biggest financial and identification network in the world as a public utility, granting ownership to all. The core of the Worldcoin system is World ID, a global identity network that protects anonymity. With zero-knowledge proofs, World ID allows individuals to prove their humanity online (“Proof of Personhood”) while protecting their anonymity. WLD is an Ethereum ERC-20 token. Users will be able to access their awards on the Optimism Mainnet. It is therefore expected that the Optimism network will host the majority of WLD transactions. Worldcoin had a market capitalization of $ 1,218,255,788. The 24-hour volume of Worldcoin is $ 397,431,152. The market cap and 24hr volume ratio of a day 32.70%. With a total supply of 10,000,000,000 WLD, its circulating supply is 209,286,522 WLD.
Supercloud Akash Network is redefining cloud computing, upending traditional cloud services, and bringing about a revolution in cloud resource access. Akash Network has created an open-source, decentralized cloud computing marketplace that offers previously unheard-of levels of speed, efficiency, and cost by utilizing the potential of blockchain technology. This breakthrough has the potential to completely change how consumers view and use cloud services. Using the Cosmos software development kit (SDK), Akash was developed and put into use on the Cosmos blockchain. Through its own marketplace, users can purchase and sell computer resources on this open network. It links cloud computing resources with server owners that require processing power to host applications. With a market capitalization of $ 997.3 million, its 24-hour volume is $ 14 million. The circulating supply is of 236,367,530 AKT with a total supply of 388,539,008 AKT.
STX is a cryptocurrency that focuses on developing smart contracts and decentralized applications for the Bitcoin blockchain. It opens up new opportunities for developers who want to use Bitcoin-like security without sacrificing smart contract freedom. People may be keen on STX as it is creating an alternative layer on top of Bitcoin that will revolutionize transactions. It extends possibilities for other services on the blockchain. The current live price of Stacks is $ 2.01, and it has traded a 24-hour volume of $ 85,889,049. Stacks are 2.94% lower at the moment, looking at the information from the last 24 hours. The supply is at 1,818,000,000 STX, and there are 1,459,315,253 STX coins in circulation.
WienerAI is the first ever construct blending a Wiener, a dog, and artificial intelligence, making it the most powerful cybernetic entity in the crypto universe. WienerAI presents an innovative AI token that initiates a fresh worldwide move. This new blend goes beyond typical digital assets by offering unmatched power as a cybernetic character. With goals set on reaching the top of the cryptocurrency rankings, WienerAI introduces unique staking rewards and creates a resilient Sausage Army ready to take over the decentralized space. The main goal of WienerAI is to change how AI blends with companionship, aiming for a future filled with kindness and laughter, led by the Sausage Army. By combining AI with blockchain technology, WienerAI works on the Ethereum Network. Leveraging its strong base for growth and development, the $WAI token, an ERC20 asset, symbolizes constant progress and includes modular technology to stay a leader in AI innovation.
Celestia’s modular design approach promotes smooth scaling and seamless interoperability, resulting in a more connected and effective blockchain ecosystem. Whether the blockchain is public or private, Celestia provides customers with the tools and infrastructure they need to bring their ideas to life quickly and efficiently. With a touch of customization and efficiency, this network’s token is expected to reach $ 18 by 2025. Celestia’s current live price is $ 9.24, with a 24-hour trading volume of $ 84,078,588. Celestia is currently 4.99% lower, based on data from the last 24 hours. The total supply is 1,041,205,479 TIA, with 182,249,007 TIA coins currently in circulation.
As the bull run of 2024 gains momentum, investors are eager to discover which coins offer the potential for significant returns. This article unlocks the secrets of ten cryptocurrencies that stand out in the current climate, each selected for their promise and performance.
This state of the TON blockchain is encouraging investors and could catalyse further gains for the Telegram-related coin. In the past 24 hours, TON price has gained by more than 14% to reach highs of $ 6.91. That’s about 10% off Toncoin’s all-time high of $ 7.63 reached on April 11 this year.