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11:18
AMC Entertainment (AMC) and GameStop (GME) stocks are surging in the trading session on Monday, May 13. The GME and AMC stocks boasted gains of 51% and 21%, respectively. Hence, investors are curious about the sudden uptick in prices and are speculating on the resurgence of these meme stocks. Why Are GameStop & AMC Stocks The post Crypto Stocks Today: GameStop (GME) & AMC Theatres Skyrocket In 2021-Style Revival appeared first on CoinGape .
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11:12
Workers in China are not very enthusiastic about the digital money issued by the nation's central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money. The post Report Reveals Chinese Workers Converting Earned CBDC To Cash appeared first on Cryptonews .
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11:05
An altcoin inspired by the Gamestop (GME) short-squeeze frenzy of 2021 has exploded over 2,000% after the movement’s leader made an internet appearance for the first time in nearly three years. Keith Gill, who pseudonymously goes as “Roaring Kitty” on the social media platform X, posted a gamer meme early on Monday, and has since The post Gamestop Memecoin on Solana Explodes 2,113% After Movement Leader ‘Roaring Kitty’ Suddenly Returns to X appeared first on The Daily Hodl .
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11:04
Since the 2021 NFT summer, mainstream celebrities have forayed into web3 and crypto but most have ditched the industry for other endeavors while others still hold some assets.
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11:04
Since the 2021 NFT summer, mainstream celebrities have forayed into web3 and crypto but most have ditched the industry for other endeavors while others still hold some assets.
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11:03
Will the bill that will regulate how cryptocurrencies are controlled in the USA succeed in being implemented? Continue Reading: Will the Law to Determine the Fate of Cryptocurrencies in the US Pass? Is It Favorable for the Sector?
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11:00
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 descending trend lines which represent a bearish market structure. The Bottom Signal For Bitcoin “We still want to see a breakout above the noted level to signal a break in the bearish market structure that began at the ATH,” Inks stated. This level is of paramount importance because it serves as a junction of multiple technical elements: the daily pivot point, the upper descending green resistance line, and the two-month range equilibrium. Related Reading: Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price According to Inks, “an impulsive breakout and close above the daily pivot/descending green resistance/2-month range EQ confluence area will signal that the low is likely in.” This suggests that overcoming this barrier could herald the end of the bearish market structure that commenced from the all-time high. If this resistance breaks, the next major resistance is located at $65,541. Afterwards, $68,000 could be on the cards. “Breaking above this level breaks the bearish market structure from March 13th,” according to Inks. Then, R1 at $69,000 and R2 at around $78,000 could be the next targets. On the downside, the most crucial support is at $56,522. It represents the lower boundary that Bitcoin needs to maintain to prevent a new low, which would exacerbate the bearish sentiment. Related Reading: US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000 Inks articulates the importance of this support, noting, “If we can print a higher low now, which would require a breakout above the $65.541 level without printing a new low below $56,522, then that would really add support for the idea that the bottom is in and a new ATH is incoming.” This statement underlines the necessity for Bitcoin to hold above this support to avoid further declines and stabilize within its current range. If BTC breaks below the pivotal support, the price could be headed below $56,000 (S1) and $50,90 (S2). Notably, the analysis is supported by a variety of technical indicators. The Relative Strength Index (RSI), hovering around the neutral 50 mark, suggests a balancing act between bullish and bearish forces. The RSI’s position indicates that the market is neither overbought nor oversold, leaving room for potential upward movement if bullish signals strengthen. The Moving Average Convergence Divergence (MACD) currently shows that the MACD line is below the signal line, a traditional bearish sign. However, the proximity of these lines also hints at a possible upcoming bullish crossover, should the momentum shift. The Stochastic RSI also indicates potential for movement in either direction but is particularly useful for identifying when Bitcoin might be entering overbought or oversold territories, which are critical for predicting short-term price reversals. Inks also commented on the market’s dynamics, stating, “The positives of the range are that supply has continued to decrease throughout the bearish market structure.” This observation suggests that diminishing supply, paired with maintaining key support levels, could help stabilize and potentially increase Bitcoin’s price. At press time, BTC traded at $62,902. Featured image created with DALL·E, chart from TradingView.com
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11:00
According to Artemis data, Binance’s BNB Chain decentralized exchange (DEX) trading volume has spiked beyond $700 million for the first time since May 2. This rise in DEX volume is indicative of heightened user activity and involvement on the BNB Chain network. This climb in BNB Chain’s DEX volumes marks a reversal from the bearish …
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11:00
Bitcoin prices are moving sideways when writing and are generally firm. Even though there are marks of strength, the world’s most valuable coin is still swimming against ferocious downstream currents and could risk plunging below $60,000 and May 2024 lows. Is The Bitcoin Bear Run Over? Prices Retest The 100-Day Moving Average Though there are
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11:00
Anyswap, launched in July 2020, is a fully decentralized protocol designed to enable token transactions across various platforms. Continue Reading: What is Anyswap Coin?
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11:00
Ripple has been performing poorly against Bitcoin. Will the trend change after XRP hit a key demand zone?
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10:54
Trump accuses Biden of negative stance towards the crypto sector. He promises the largest tax cuts for all social classes if re-elected. Continue Reading: Trump Criticizes Biden’s Tax Policies and Promises Major Cuts
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10:53
Countless tokens appear in the crypto world nowadays. However, only some cryptocurrencies effectively combine earning opportunities and strategic vision for strengthening a token from the inside. Such projects build long-term prospects for token utilities and have a loyal community of holders. The BFG token can be classified as one of these tokens. It has taken on these qualities and shown clear tokenomics, aligning with the idea of sharing revenue with users in both the project and the token. This article will reveal the primary BFG utilities, exclusive benefits for its holders, and token price prediction. We will also share how
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10:53
LUNC News: Terra Luna Classic community started voting on a key proposal to bring an official organization to be in charge of hosting the endpoint providing the correct circulating supply data for Terra Luna Classic. Top validator Allnodes will manage the endpoint to protect against single individuals making unauthorized changes to the supply without approval. The post LUNC News: Terra Classic Community Makes Crucial Move With Allnodes appeared first on CoinGape .
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10:51
Against the backdrop of Bitcoin’s remarkable rising price action witnessed today, May 13, a renowned crypto market analyst has taken to X, spotlighting a key level for the flagship token to breach for scaling new highs imminently. In a post shared by the analyst Ali Martinez, it was brought to attention that the most crucial The post Bitcoin To Hit New High If It Breaches This Level, Analyst Predicts appeared first on CoinGape .
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10:50
Key Takeaways Avalanche Core has lately been a buzz around the Avalanche community. Core is AVAX’s native wallet. Updates in the last month include live updates on profits and losses, a meme-coin campaign that airdropped $25,000 worth of tokens, new technical docs for developers, and it became the official AVAX staking tool. Such news continues
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10:50
The meme coin craze carries on even as Bitcoin and major altcoins like Ethereum, Binance Coin, Solana, and more battle to find direction. As discussed earlier, Shiba Inu price analysis revealed that meme coins are likely to get more attention, especially from traders searching for alternative assets to avoid the lethargic overall price action in The post Pepe Coin Price: Upsurge In Whale Activity Props PEPE For $0.000013 In May? appeared first on CoinGape .
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10:48
Toncoin Price Prediction: The cryptocurrency markets have experienced a significant downturn over the past week. With a prevailing bearish sentiment, the total market capitalization has dropped by 3.6%, coupled with a 27% reduction in trading volume compared to the previous week. However, the native cryptocurrency of the Toncoin network, TON, has shown notable resilience to The post Toncoin Price Prediction: TON Poised to Break Past All-Time High Amid TVL Growth appeared first on CoinGape .
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10:48
As the crypto market recovers from the recent crash, GameStop (GME), a meme coin built on Solana, is taking the market by stop. Soaring by over 1800%, the token has captivated both traders, investors and the entire crypto community. This article delves into details to unravel the reason why GME price is exploding. Market Performance The post Why is GameStop (GME) Price Pumping Over 1800%? appeared first on CoinGape .
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10:46
As the crypto market is approaching the altcoin season, probably to begin by the summer end and continue till the end, the hunting is on for the best altcoin options. However, there are thousands of cryptocurrencies in the market, each with a different use case and performance history, making it even more challenging to choose The post 4 Altcoins To Buy Before Altcoin Season Starts appeared first on CoinGape .
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10:44
XRP price prediction: XRP has experienced a modest recovery, rallying from a significant dip early in the day. As of the latest updates, XRP has been hovering around the $0.5 support level, showing signs of stabilization after a volatile trading session. The XRP price is currently at $0.5062, with a notable increase, climbing by 0.32%. The post XRP Price Prediction: Is $1 Likely Amid Market Volatility and Ripple vs SEC Legal Updates? appeared first on CoinGape .
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10:44
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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10:43
The list of popular figures holding crypto continues to grow with former United States President Donald Trump on top with $6.4 million in assets. A new report from on-chain crypto firm Arkham Intelligence shows the lists of 100 celebrities with top crypto holdings. Celebrities were picked from social media users above 1 million followers. According The post Justin Bieber, Trump and Neymar Leads Celeb Crypto Asset Holdings appeared first on CoinGape .
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10:42
The Notcoin team announced that starting May 14, users will no longer be able to send their tokens to crypto exchanges
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10:42
The Notcoin team announced that starting May 14, users will no longer be able to send their tokens to crypto exchanges
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10:41
Floki Inu (FLOKI) has experienced an 8% price surge after being listed in Bitpanda’s Meme Coin Leaders Index. The recent addition points to investors’ rising interest and market validation of FLOKI as a leading player in the meme coin space. FLOKI Inclusion in Bitpanda’s Meme Coin Leaders Index Bitpanda, a multi-asset exchange in Europe, declared The post FLOKI Price Surges 8% Following Bitpanda Index Listing appeared first on CoinGape .
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10:40
Cardano Price Prediction: ADA, the native cryptocurrency of the Cardano ecosystem, has found suitable support at $0.426 in the daily time frame. The coin price rebounded several from this support within a month hints the buyers are actively defending this level which can develop a local bottom. However, the broader market is still uncertain, and The post Cardano Price Prediction: Death Crossover Among Key EMAs Points to Fall Below $0.4 appeared first on CoinGape .
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10:38
OpenAI has unveiled a series of major updates to its AI offerings, including a new AI model and a desktop version of ChatGPT. These announcements were made in a live-streamed event which was headed by CTO Mira Murati and CEO Sam Altman, and they promised progress in AI abilities and user experience. New OpenAI Model The post OpenAI ChatGPT Event Announcements: GPT-4o Model and Desktop Version appeared first on CoinGape .
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10:37
A little-known hedge fund in Boston has a massive stake in spot Bitcoin ETFs from BlackRock and ARK Invest/21Shares.
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10:36
BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone, surpassing its competitors in terms of corporate holder count. Since its inception date on January 11 when spot ETF gained approval from the United States Securities and Exchange Commission, BlackRock Bitcoin ETF now has 250 corporate holders. BlackRock Bitcoin ETF Dominating The The post BlackRock Bitcoin ETF Hits Impressive Milestone Over Rivals appeared first on CoinGape .
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10:34
Bank of Montreal has disclosed its exposure to spot Bitcoin ETFs in a recent Securities and Exchange Commission (SEC) filing. In a recent filing, the bank disclosed its spot ETF holdings with multiple issuers. This comes on the heels of Bitcoin ETF acquisitions by traditional finance firms. The Bank of Montreal which is Canada’s fourth The post Just-In: Bank of Montreal Reveals Spot Bitcoin ETF Holdings appeared first on CoinGape .
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10:32
Gamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced trading instability and numerous suspensions. The Return of Roaring Kitty
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10:32
A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses.
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10:31
Crypto market saw a V-shaped reversal, reducing volatility and benefiting buyers who prefer lower IV. With no expected rate cut, crypto funding remains tight.
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10:30
Dogecoin, the meme-inspired cryptocurrency that has captured the attention of both retail investors and celebrities alike, is once again making headlines as reports emerge of significant purchases by institutional investors and high-profile individuals. This development has sparked speculation among the broader cryptocurrency community about whether retail investors should follow suit and add Dogecoin to their …
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10:30
Many crypto projects have integrated AI as part of their everyday routine since the introduction of LLMs last year.
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10:29
Uniswap founder Hayden Adams believes that President Joe Biden's strict crypto regulations may make his reelection campaign vulnerable. Adams forewarned the administration on May 13 about the possible repercussions at the polls in November. The post Uniswap Founder Wants A Reversal To Biden’s Position On Crypto: Here’s Why appeared first on Cryptonews .
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10:27
Crypto investment products have recorded a total of $130 million in the past week, breaking a 5-week outflow hiatus The post Crypto Investment Products Sees $130M in Inflows: Reports appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
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10:26
Europe is on the verge of making a major move in its monetary policy, but this time, it might just be stepping out too soon, especially before the U.S. does. Christine Lagarde, the president of the European Central Bank (ECB), hinted last month that the ECB might begin slashing rates sooner than the U.S. Federal
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10:24
After the Ripple CEO's statement that the US government's target was Tether, there was tension between the parties. Continue Reading: New Development in the Tether-XRP Conflict: Ripple CEO Brad Garlinghouse Steps Back
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10:23
Artificial intelligence interests crypto investors, prompting extensive evaluations. OpenAI's new model GPT-4o enhances text and image processing capabilities. Continue Reading: OpenAI Launches New AI Model GPT-4o
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10:21
The post Experts Pick 3 Altcoins with Top Profit Potential! appeared first on Coinpedia Fintech News Table of Contents: Introduction: The Changing Landscape of Cryptocurrency PawFury ($PAW): Taking the lead in the Memecoin market. Pepe ($PEPE): Primed for Explosive Growth Shiba Inu ($SHIB): Strengthened by Major Financial Backing Bonk ($BONK): Riding the Wave of Recent Success Conclusion: Memecoins Paving the Way for New Investment Opportunities Introduction: The Changing Landscape of Cryptocurrency. …
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10:18
The post Bancolombia Launches Crypto Exchange – Wenia appeared first on Coinpedia Fintech News Bancolombia, one of the largest banking companies in Colombia, launched Wenia, a cryptocurrency exchange that will seek to disrupt the cryptocurrency space in the country. Wenia aims to fight market share from Binance and Bitso by offering high levels of security linked to financial groups to newcomers. It estimates reaching 60k users in the launch …
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10:17
The United States Securities and Exchange Commission (SEC) has filed opposition to Coinbase's petition on new regulation pursuit The post SEC Opposes Coinbase’s Petition on New Regulatory Framework appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
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10:17
Jeo Boden (BODEN), the memecoin modeled after the United States President, is far off previous highs this year. Memecoins are trading sideways with short-term corrections recorded by most tokens amid the wider crypto slowdown. While the general memecoin plunge has affected the token, other factors have led to a general low sentiment. At press time, The post What Happened To BODEN’s Bullish Momentum? appeared first on CoinGape .
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10:15
The world’s largest crypto exchange Binance’s subsidiary Binance Kazakhstan on Monday received top quality standards certifications after an in-depth audit by the British Standards Institution (BSI). Binance Kazakhstan has joined other subsidiaries in France, Bahrain, the United Arab Emirates, and Turkey to undergo annual surveillance audits. Binance Kazakhstan Gets ISO Certifications for Privacy and Security The post Breaking: Binance Subsidiary Receives Top Privacy & Security Certifications From BSI appeared first on CoinGape .
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10:14
The post Illegal Crypto Crackdown in Argentina; Binance, Lemon Support In Crackdown appeared first on Coinpedia Fintech News Two Chinese nationals and an Argentine citizen were detained on March 8 over a crypto investment scam in Argentina. A supermarket was used as a facade for an illegal crypto mining farm, seizing dozens of graphic cards. Fernando Barbatelli, the Argentine citizen used the identity of another citizen to offer a crypto investment opportunity. He …
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10:14
As analysts predicted, less efficient Bitcoin miners are powering off under tighter post-halving profit margins. The post Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows appeared first on Cryptonews .
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10:14
OpenAI, the company CEO of Worldcoin (WLD) founder Sam Altman, announced what the big surprise is today. Continue Reading: Worldcoin Founder’s Company OpenAI Reveals What Today’s Mysterious Big Announcement Is
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10:13
iFinex, the parent company of Bitfinex, recently announced a groundbreaking partnership with the Salvadoran government aimed at shaping the regulatory landscape for cryptocurrencies in the country. Additionally, Bitfinex Securities has initiated a token bond issuance project for the construction of a new Hilton Hampton Hotel at the El Salvador International Airport with a fundraising target The post Bitfinex Parent Partners El Salvador To Model Crypto Laws, Debuts $6.25M Asset Venture appeared first on CoinGape .