An altcoin associated with a security-focused crypto wallet, SAFE, has outperformed the crypto market this week, rising over 40%. New Swaps Feature SAFE, a smart contract wallet, recently introduced a native swaps feature. This feature consolidates transactions, reducing gas fees and the need for multiple signatures. It also offers built-in protection against maximal extractable value…
Market Cap Growth Signals Extended Cycle Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, believes Bitcoin’s current bull cycle is only halfway through. He points to the faster growth of BTC’s market cap compared to its realized cap, a trend that historically lasts around two years. “If this pattern continues, the bull cycle might…
Solana (SOL) has taken the top spot on CoinGecko’s list of the fastest blockchains, outpacing its rival Ethereum (ETH) by a whopping 46 times. Solana’s Speed Dominance Solana has proven to be the fastest among large blockchains, with an average transaction speed of 1,504 per second (TPS) recorded in April. This speed advantage gives Solana…
Dogecoin Army Excited The Dogecoin community is buzzing after an insider hinted that X Payments, Elon Musk’s social media platform, may integrate Dogecoin (DOGE) later this year. Musk’s Silence Despite the rumors, Musk has not officially confirmed DOGE’s inclusion. However, X Corporation’s recent acquisition of cryptocurrency payment licenses has sparked speculation. Reality Check While the…
The Profitability of New Altcoins on Exchanges A crypto researcher named Flow has analyzed the performance of new altcoins listed on major exchanges like Binance. His findings suggest that these altcoins are not as profitable as they used to be. 80% of New Altcoins on Binance Are Down Flow found that 80% of new altcoins…
Current Price Action Shiba Inu (SHIB) is on the cusp of breaking out of a downward trendline that’s been holding it back since early March. It’s currently up 10% in the past week, signaling bullish sentiment. Resistance Levels to Overcome Despite the positive momentum, SHIB faces several resistance levels before reaching its next milestone. Data…
Bitcoin has finally broken above its resistance level of $67,303.98, signaling a potential rally. Bullish Indicators Bitcoin’s price is trading above the bearish trend line and the 100-day Simple Moving Average (SMA). The Relative Strength Index (RSI) suggests bullish momentum, with the RSI line close to the overbought zone. The 1-Day MACD indicates a bullish…
A Wells Fargo customer was shocked to receive a fake $100 bill during a routine withdrawal. Customer’s Experience Kam Ridley withdrew cash from a Wells Fargo branch in Mississippi to pay bills. When she tried to deposit the money at her other bank, Trustmark, the ATM rejected the $100 bill. Bewildered, Ridley went inside the…
Mike Novogratz, the CEO of Galaxy Digital, believes Bitcoin (BTC) won’t reach new record highs until the economy improves. Macroeconomic Factors Novogratz suggests that Bitcoin will likely remain within a range of $55,000 to $75,000 until the Federal Reserve (Fed) cuts interest rates. He believes this move would be positive for Bitcoin. Regulatory Environment Favorable…
Render (RNDR): Bargain at $10 Crypto analyst Altcoin Sherpa predicts that Render, a GPU-related altcoin, is set for a surge in the coming months. He believes the $10 level will act as a support level, and expects “much higher prices” in the future. Bitcoin (BTC): Bullish Short-Term Sherpa is bullish on Bitcoin in the short…
