Dogecoin founder Billy Markus recently posted a message on social media platforms like X, where he discussed why users often block ads that appear on their timelines.
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The Dogecoin founder suggested that users would be less inclined to block ads if advertisers refrain from using pop-ups that contain malware and other misleading content. His remarks coincide with rising worries about scams proliferating on social media platforms like X.

Social Media and Scam Awareness in Web3

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In the Web3 world, social media serves as a crucial platform for user engagement, making it a prime target for scammers. Projects like Shiba Inu (SHIB) and Ripple have frequently cautioned their communities about fraudulent activities on platforms like X.
According to Dogecoin founder Billy Markus, users often resort to blocking ads due to deceptive practices by advertisers. Responding to Markus’ remarks, users emphasized the importance of transparency in project communications.
In the crypto ecosystem, where a single click on social media can lead to significant losses, users are advised to remain vigilant and protect themselves from potential scams and misinformation.

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Combatting Digital Currency Scams through Community Awareness
In the world of digital currencies, criminal activities have become more advanced. Over recent years, many scams have been reported, showing ongoing problems in the industry.
However, there’s a clear way to fight back: educating the community. By teaching people about common scam methods and encouraging them to stay alert, we can help individuals defend themselves from digital currency fraud.

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This proactive strategy not only boosts personal security but also strengthens the entire digital currency system against malicious behavior.

#DOGE #Dogecoin #Memecoins #Bitcoin #Ethereum $BTC $ETH $SOL

Venezuela’s National Power Ministry has taken action against Bitcoin mining operations by disconnecting them from the country’s electricity grid and seizing more than 11,000 Bitcoin miners.
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This move aims to curb the high energy consumption associated with these mining farms, which has been straining Venezuela’s power resources.

Venezuela’s Crackdown on Bitcoin Mining Farms
Venezuela’s National Power Ministry, under the leadership of Rafael Lacava, governor of Carabobo state, has launched a crackdown on Bitcoin mining farms operating on the country’s power grid. The ministry’s operation is aimed at monitoring high-energy consumers, particularly Bitcoin miners, to relieve pressure on Venezuela’s electricity supply. The initiative seeks to disconnect all cryptocurrency mining operations from the national power system due to their significant impact on energy demand.

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In Carabobo, a crucial industrial region of Venezuela, the enforcement action resulted in the seizure of over 11,000 ASICs (application-specific integrated circuits) and the closure of multiple Bitcoin mining facilities. This action follows previous government efforts, which included the confiscation of 2,000 cryptocurrency mining devices as part of broader anti-corruption measures.
Venezuela Cracks Down on Crypto Mining Amid Power Crisis
Venezuela’s National Power Ministry has taken decisive action to address the strain on the country’s power supply caused by high-energy-consuming cryptocurrency mining farms. The crackdown, led by officials including Rafael Lacava, governor of Carabobo state, aims to ensure reliable and efficient electrical service nationwide. This move is crucial for stabilizing Venezuela’s notoriously unreliable power grid, which has suffered frequent blackouts since 2019, impacting economic activity and daily life significantly.
Cryptocurrency mining operations, known for their intense energy consumption, have exacerbated Venezuela’s power challenges. Similar actions have been taken by other nations like China and Kazakhstan, where mining activities have been banned or heavily regulated. Venezuela’s efforts against crypto mining are part of a broader anti-corruption drive that has also seen senior officials arrested. Governor Lacava has urged the public to report illegal mining activities, emphasizing community involvement in enforcement efforts.

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Venezuela’s Previous Actions Against Crypto Mining
In March 2023, Venezuela’s energy supplier undertook a nationwide shutdown of cryptocurrency mining facilities as part of a corruption probe linked to the national oil company, PDVSA. Attorney General Tarek William Saab disclosed that officials had engaged in parallel oil operations leveraging their positions and authority, in collaboration with the national crypto department. This move marked a significant crackdown on crypto mining amid broader anti-corruption efforts in Venezuela.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #Ethereum #ETHETFS #notcoin #BlackRock $BTC $ETH $BNB

Polkadot (DOT) is currently facing challenges to stay above the $7 mark following a weekend dominated by selling pressure.
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The price dipped to $6.93 on Sunday, reversing some of the gains made earlier in the week. Polkadot had shown strength in the previous week, with a notable increase of 6.58% over the past seven days.

Polkadot (DOT) Struggles Below $7 Despite Volatile Week
Polkadot (DOT) faced a challenging week as it struggled to maintain momentum above the crucial $7 mark. The week began with significant volatility, starting at $6.67 and experiencing swings between $6.43 and $6.82 before settling at $6.67. Tuesday saw a notable decline of 2.83%, pushing DOT to $6.48, though it found support around $6.40. The following session, however, saw a strong recovery of 7.44%, bringing DOT up to $6.96 but falling short of $7.

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DOT Price Chart: Source – TradingView
On Thursday, DOT briefly surpassed $7, reaching $7.03 during another volatile session that saw it dip to $6.82 before recovering. Friday showed a modest gain of 2.42%, closing at $7.20 as buyer interest picked up. However, the weekend brought renewed selling pressure, pushing DOT down to $6.93 by Sunday, below the 20-day Simple Moving Average (SMA).

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Currently trading around $7, DOT is experiencing a tug-of-war between buyers and sellers as market participants watch closely to see if it can regain and hold above the $7 threshold.
Polkadot (DOT) Faces Resistance at $7.50 Amidst Oscillating Price Action
Polkadot (DOT) has demonstrated a resilient support level around $6.40 amidst its recent price movements. The chart reveals multiple instances where DOT has tested and bounced back from this level, signaling strong buying interest each time. However, over the past month, DOT has been oscillating within a range of $6.40 to $7.50, unable to sustain moves above the upper boundary.

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The weekend saw DOT experiencing rejection and a subsequent drop, potentially retracing back towards its established support level before attempting another recovery. This pattern has repeated itself on three separate occasions recently.

Source – TradingView
For DOT to break out of this range-bound behavior and initiate a significant upward movement, it will need to surpass the $7.50 resistance level decisively. A successful breach above $7.50 could pave the way for DOT to target higher price levels such as $8 and potentially even $8.50. However, technical indicators such as the bearish cross of the 200-day Simple Moving Average (SMA) and the 50-day SMA may exert downward pressure on the price, warranting careful consideration.

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Despite these indicators, the Moving Average Convergence Divergence (MACD) remains bullish, suggesting continued strong buying momentum in the market. Investors and traders are closely monitoring these technical signals to gauge the potential direction of DOT’s next major move.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Dot #Polkadot #Bitcoin #Ethereum #ETHETFS $DOT $BTC $ETH

Today, the burn rate of Shiba Inu (SHIB) has surged by more than 500%, as reported by Shibburn. This sudden spike in burning tokens has sparked optimism among traders and investors, who anticipate favorable price movements for the meme coin often referred to as the “Dogecoin killer.”
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Shiba Inu (SHIB) experienced a significant reduction in its supply by burning 9.83 million tokens. This high burn rate has bolstered market optimism despite SHIB’s current lackluster trading performance, hinting at potentially brighter long-term prospects.

Shiba Inu (SHIB) Sees Optimism Despite Red Trading

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Despite a notable increase in its burn rate, Shiba Inu (SHIB) traded in the red recently, indicating a delayed positive price response to the heightened burn activity.
The token experienced a significant reduction in its supply, with 9.83 million tokens burned, predominantly from two specific addresses. This substantial decrease in circulating supply is expected to bolster SHIB’s tokenomics, potentially setting the stage for a price rally in the near term.
The surge in SHIB’s burn rate, leading to a sharp decrease in its supply, has bolstered optimism in the market. Token burning aims to reduce the overall supply in circulation, which could drive up the value per token if demand remains steady or increases.

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Traders and investors are optimistic that these improved tokenomics will pave the way for a significant price increase in SHIB.
Shiba Inu (SHIB): Long-Term Potential Amid Current Performance
Despite lackluster current trading performance, Shiba Inu (SHIB) holds promising long-term prospects.

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Observers are closely monitoring the impact of reduced supply on SHIB’s future price dynamics. The recent focus on token burning, which has significantly decreased circulating supply, is a key factor driving market attention.
The ongoing token burning initiatives and positive sentiment within the crypto community may pave the way for a potential price rally for SHIB. This could potentially strengthen its position in the fiercely competitive meme coin market. Investors and traders alike are optimistic about SHIB’s future trajectory given these developments.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#SHIB #ShibaInu #Memecoins #Bitcoin #Ethereum $SHIB $DOGE $BTC

The U.S. Congress recently passed a bill to reverse SEC’s Staff Accounting Bulletin No. 121, which currently mandates financial institutions to classify crypto assets as liabilities. However, President Biden has indicated he may veto the bill, underscoring his administration’s firm position on cryptocurrency regulation.
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The U.S. Congress has approved a bill aimed at changing SEC’s Staff Accounting Bulletin No. 121 (SAB 121). This legislation, which focuses solely on cryptocurrency, aims to overturn the rule that currently categorizes crypto assets as liabilities on financial statements.

U.S. Congress Takes Aim at SEC’s Crypto Asset Rule
Last week, the U.S. Congress passed legislation under the Congressional Review Act (CRA) with the aim of repealing SEC’s Staff Accounting Bulletin No. 121 (SAB 121). This bill mandates that financial entities holding crypto assets for clients must recognize these assets and their corresponding liabilities at fair value on their financial statements.

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Critics argue that this requirement imposes substantial financial burdens on financial institutions, potentially dissuading them from offering custody services for crypto assets.
Senator Cynthia Lummis (R-WY) celebrated the Senate’s decision on social media, framing it as a significant advancement for financial innovation. She portrayed the legislative move as a direct response to what she perceives as the Biden administration’s and SEC Chair Gary Gensler’s tough stance on cryptocurrency regulation.

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This legislative effort marks a milestone as the first targeted solely at cryptocurrency regulation. Meanwhile, House Financial Services Committee Chair Patrick McHenry (R-NC) echoed similar concerns, asserting that SAB 121 creates a formidable barrier for financial entities.
McHenry criticized the rule as emblematic of regulatory overreach under Gensler’s leadership at the SEC, arguing that it makes handling crypto assets prohibitively expensive for financial firms.

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President Biden’s Opposition to Crypto Legislation
President Joe Biden has taken a firm stance against recent crypto legislation, indicating potential plans for a veto. The White House issued a statement expressing concerns that diminishing the SEC’s regulatory authority could result in significant financial instability and market uncertainty.
Earlier this month, the U.S. House of Representatives initially voted to overturn SEC’s Staff Accounting Bulletin No. 121 (SAB 121), followed by the Senate’s approval last week.
President Biden’s opposition to crypto extends beyond legislative actions. His proposed financial measures outlined in the recent budget include a crypto mining tax and a ‘wash sale’ rule targeting digital assets. These moves underscore Biden’s cautious approach to cryptocurrency regulation amidst broader financial policy discussions.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #Ethereum #ETHETFS #notcoin #altcoins $BTC $ETH $XRP

The Bitgert coin is expected to surge by about 400% this week, creating excitement among investors, traders, and the Bitgert community. This anticipated increase comes after recent developments like partnerships with fast-growing crypto projects, expanding its marketplace, and attracting more investors with its innovations.
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Early investors have seen returns surpassing 40,000% and continue to benefit from strong monthly returns. With cryptocurrency gaining popularity, new investors are showing interest in Bitgert, which could lead to a significant price rise by the end of the week.

Centralized vs. Decentralized Exchanges: Understanding the Difference
Centralized exchanges act as intermediaries to facilitate cryptocurrency transactions, ensuring convenience and optimal deals for users looking to buy various crypto assets. These exchanges streamline the process, offering ease of access that decentralized exchanges do not provide.

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In contrast, decentralized exchanges connect users directly to the blockchain, eliminating the need for intermediaries. Users retain control of their funds and execute transactions without relying on a centralized authority.
While the cryptocurrency ecosystem values decentralization, centralized exchanges offer advantages such as user-friendly interfaces and faster transaction speeds. They simplify the trading experience for newcomers to the crypto market, focusing on assets like the Bitgert coin.

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Bitgert Coin Enhances E-commerce Integration
The Bitgert coin has significantly improved its e-commerce engagement by allowing users to connect their wallets directly to the marketplace. This integration enables seamless payments using the Bitgert coin for purchases. Moreover, users can also set up their own e-commerce stores to sell products and receive payments in Bitgert coins.

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These advancements in e-commerce functionality are expected to drive increased demand and trading volume for the Bitgert coin. With recent expansions in the Bitgert market, the heightened trading activity is anticipated to lead to a price surge exceeding 400% by the end of this week.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #Ethereum #Bitgert #Brise #ETHETFS $BTC $ETH $SOL

LayerZero Labs has found 800,000 addresses that might be fake, so they won’t get all the tokens they were supposed to. At first, they thought there were over two million fake addresses, but they made their rules stricter to find fewer mistakes.
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LayerZero Labs recently said they finished the time when people could admit they had fake accounts to get a smaller punishment. This is to stop “airdrop farming,” where people use fake accounts to get more tokens than they should. Now, addresses that fit their rules will only get 15% of the tokens they were going to get, and the other 85% will go to people who followed the rules.

LayerZero Sybil Address Bounty Hunt and Reporting Process

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LayerZero Labs has shared a complete list of addresses found through initial checks by LayerZero, Chaos Labs, and Nansen, along with self-reported addresses. This list aims to exclude large groups of fake accounts from joining the bounty hunt.
Starting from May 3, LayerZero set up a way for people to report themselves if they had fake accounts, offering them 15% of their token reward if they were honest within 14 days.
The initial list aims to be clear, but it might change before the final report comes out, as they might add or remove addresses.

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https://x.com/LayerZero_Labs/status/1791622471965163597?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1791622471965163597%7Ctwgr%5Ed27debaacc6f27fad76ad266e1150edcd047b1f4%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbitcoinworld.co.in%2Flayerzero-labs-flags-800000-potential-sybil-addresses-down-from-2-million-identified-initially%2F
The hunt for fake accounts started on May 18 at 2:00 pm UTC and will end on May 31 at 11:59 pm UTC. To get a reward, participants need to report at least 20 fake accounts and explain how they found them. They can earn 10% of the tokens that the fake accounts would have gotten.

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The list of fake accounts won’t change during the hunt to keep things fair. After the hunt ends, they’ll share the final list of who’s eligible for rewards.
Sybil Farming in Decentralized Finance Protocols
Sybil farming, where people create multiple fake accounts to unfairly get tokens or rewards, has become a big problem in decentralized finance (DeFi) protocols.

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Airdrops, which give newly issued cryptocurrencies to early users, are often used by these protocols to get more people involved.
LayerZero’s ZRO was the first Hyperp (Hyperliquid-only perp) to start on the HyperLiquid perpetual futures decentralized exchange in September 2023.
We’ve seen sybil farming before in crypto. In 2022, Optimism found and removed over 17,000 suspected wallets from its airdrop for being involved in sybil farming, which was about 6.83% of the wallets that were supposed to get tokens.
In September, the ZkSync Era network found 21,877 wallets doing sybil farming. These wallets were trading a closed-source token among themselves using a private decentralized exchange.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Layerzero #ZRO #Airdrop #Bitcoin #Ethereum $BTC $ETH

$BNB

Cardano’s MVRV ratio has improved, signaling growing investor confidence and potential for positive price movements. Whale investors holding between 100 million and 1 billion ADA have increased their holdings by 11%.
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Additionally, ADA’s price has broken above a bullish flag pattern on its 8-hour chart, suggesting further upward potential.

Cardano Shows Positive Signs with Improved MVRV Ratio
Cardano (ADA) is showing promising signs as its MVRV ratio, a key bullish indicator, has improved. This metric suggests increasing investor confidence and potential for positive price movements in the near future.
Additionally, Cardano has recently witnessed a notable surge in whale activity. Investors holding between 100 million and 1 billion ADA have increased their holdings by 11% over the past month. These large investors now control 6.71% of the total ADA supply. Historically, such significant accumulation by whales often precedes substantial price rallies, as their large-scale purchases can drive market momentum.

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Cardano (ADA) Shows Strong Retail Interest and Bullish Technical Signals
Retail investors are showing a strong interest in ADA, with a bullish bid-ask volume imbalance and an uptick in the ‘InTheMoney’ metric indicating that most retail investors are currently profiting from their ADA investments. This widespread optimism is further supported by an increase in Total Value Locked (TVL) on the Cardano network, alongside rising trading volumes.

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Currently trading at $0.4791, ADA boasts a market capitalization exceeding $17.09 billion. It has recently breached a bullish flag formation on its 8-hour chart, suggesting a potential profit of nearly 10% and the possibility of a significant surge of up to 100%, potentially reaching $1 within the next few weeks.
Further analysis suggests a notable liquidation point near the $0.492 mark, which could trigger price corrections. However, if ADA breaks past this level, it could target $0.5 or even $0.528 in the short term.

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Cardano Innovations: Hydra and Ouroboros Leios
Cardano Hydra, under development for several years, functions by bundling transactions together and processing them offline before synchronizing them with the online network. This approach aims to alleviate network congestion and enable high volumes of transactions to be processed simultaneously on the chain.
On the other hand, Cardano Ouroboros Leios focuses on enhancing network efficiency. By combining the strengths of Hydra and Leios, Hoskinson envisions Cardano supporting the creation of a global-scale financial operating system.

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Cardano’s Development and Potential in the Web3 Space
Cardano is widely acknowledged as one of the most actively developed protocols in the Web3 space, boasting more GitHub commits than Ethereum and other competitors. However, it faces challenges in speed compared to protocols like Solana.
Despite these challenges, innovators like Hoskinson are leading the blockchain community’s efforts to rival traditional financial networks such as Visa and Mastercard in terms of funds transfer capabilities.
https://x.com/IOHK_Charles/status/1791538835018420658?ref_src=twsrc%5Etfw

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Although Cardano currently lags in transactions per second (TPS) compared to legacy systems, ongoing optimism and continuous development within the Cardano ecosystem indicate that blockchain technology may soon offer a compelling alternative to established financial networks.
This development has the potential to significantly reshape global financial transactions, enhancing efficiency and reducing costs across the board.
Final Thoughts
Cardano (ADA) Overview: Promising Signs and Development Goals
Cardano (ADA) shows promising signs with an improved MVRV ratio, indicating increasing investor confidence and potential for positive price movements. Recently, there has been a notable surge in whale activity, with large investors increasing their ADA holdings by 11%, now controlling 6.71% of the total supply. Retail interest in ADA is also strong, reflected in bullish market metrics and rising Total Value Locked (TVL) on the Cardano network.

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Trading at $0.4791 with a market capitalization exceeding $17.09 billion, ADA recently breached a bullish flag formation on its 8-hour chart, suggesting potential gains up to $1 in the near term. However, a liquidation point near $0.492 could trigger corrections, while surpassing this level might target $0.5 or even $0.528.
Cardano’s development includes initiatives like Hydra, designed to enhance transaction processing efficiency by bundling and synchronizing transactions offline. Meanwhile, Ouroboros Leios aims to further improve network efficiency, positioning Cardano as a contender in global financial systems despite current speed challenges compared to competitors like Solana.
Led by innovators like Hoskinson, Cardano aims to rival traditional financial networks in funds transfer capabilities, leveraging its active development and community optimism to potentially reshape global financial transactions for greater efficiency and reduced costs.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#ADA #Cardano #Bitcoin #Ethereum #etf $ADA $BTC $ETH

Solana (SOL), the native token of the high-speed blockchain network, is emerging as a frontrunner in the recent cryptocurrency market rebound. SOL has surpassed most major digital assets and is now setting its sights on potentially reclaiming its cycle highs.
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Solana’s price movements suggest a potentially bullish inverse head and shoulders pattern, with the $160 level as a critical support zone. A successful breakout above $160 could lead SOL to $210, a potential 24% increase. Monitoring Bitcoin’s price movements can provide valuable insights into Solana’s trends.

Solana (SOL) Reaches New Highs and Shows Strong Weekly Performance
On Friday, SOL reached $170, its highest point in over a month, before settling at around $166. This represents a near 7% gain in the last 24 hours and a staggering 40% jump since the broader crypto market slump in early May when Bitcoin dipped to $56,000.

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Looking at the weekly performance, Solana reigns supreme. Among members of the CoinDesk 20 Index (CD20), a benchmark for the broader crypto market, SOL’s 17% gain is only eclipsed by Chainlink (LINK), which benefited from a recent partnership announcement.
Digital asset hedge fund Syncracy Capital’s co-founder, Daniel Choung, expressed immense optimism for SOL in a social media post. He highlighted SOL’s exceptional performance during the bounce and believes it remains “the best trade of this cycle.” Choung predicts a surge to $200 by month’s end, potentially followed by new record highs “soon.” It’s important to note that SOL’s all-time high of $260 was reached in November 2021.

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Factors Driving Solana’s (SOL) Momentum and Market Performance
Solana’s momentum is attributed to a confluence of factors, including a surge in meme coin trading, robust stablecoin volumes, and heightened DeFi activity. Additionally, Daniel Choung points to upcoming network upgrades that will pave the way for Firedancer, a secondary chain client designed to improve network performance by Jump Crypto.
David Shuttleworth, a research partner at Anagram, observes rising interest in “shared cryptoeconomic security,” also known as restaking, within the Solana ecosystem. Restaking allows users to delegate their staked SOL to validators, potentially earning higher rewards.

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Over the weekend, the overall cryptocurrency market witnessed a temporary halt in the altcoin recovery. Bitcoin encountered resistance at $67,500, leading to a minor 0.2% decline. Solana, despite being the fifth-largest cryptocurrency, also dipped by over 2% to $169. However, investors view this pullback as a potential entry point, considering SOL’s strong performance earlier in the month.
The initial weeks of May were a bullish period for Solana, with its price skyrocketing from $112 to $168, representing a 50% increase. While the recent dip might cause temporary concern, investors remain hopeful for a renewed upswing as the week progresses. The price action suggests a “higher low” formation, potentially indicating investor accumulation during dips, which could shift the market power towards buyers.

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Solana’s (SOL) Potential Bullish Signal and Market Outlook
The rising price chart of Solana hints at an inverse head and shoulders pattern, often interpreted as a bullish signal suggesting a potential price floor. If current support levels hold, this technical pattern could indicate further gains for the cryptocurrency.
On May 17th, Solana’s price surpassed the $160 resistance level, solidifying a bullish trend. If this pattern continues, a post-breakout rally driven by buyers could propel SOL to $210, translating to a potential 24% increase. However, Bitcoin’s inability to break above $67,600 has introduced some general market selling pressure, causing SOL to experience a modest rise to $169.

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This pullback might serve as a test for SOL’s ability to maintain support above $160, establishing a crucial foundation for further price appreciation. Conversely, a price drop below this level could negate the bullish outlook and potentially lead SOL back down to $138. Therefore, Solana’s future trajectory hinges on its ability to hold or surpass current support levels.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#SOL #Solana #Bitcoin #Ethereum #ETHETFS $SOL $BTC $ETH

Silver’s market cap has grown to over $500 billion, making it larger than Bitcoin’s. This is a significant change, as Bitcoin had overtaken silver just two months ago.
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Silver has made a strong comeback this year, now ranking as the 8th largest asset by market cap after losing that position in March. Since Bitcoin hit a record high of $73,737 on March 14, silver has surged by 33.4%, while Bitcoin has dropped by 9.5%, according to CoinGecko.

Silver’s Market Cap Surges Past Bitcoin
As a result, silver’s market cap has now reached $1.83 trillion, which is $500 billion more than Bitcoin’s current market cap of $1.31 trillion, according to Companies Market Cap. For Bitcoin to surpass silver’s current market cap, it would need to rally 40% to $93,000, assuming all other factors remain equal.

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World’s largest assets by market cap. Source: Companies Market Cap
Bitcoin is currently the world’s ninth-largest asset, trailing gold, Microsoft (MSFT), Apple (AAPL), Nvidia (NVDA), Google (GOOG), Saudi Aramco (2222.SR), Amazon (AMZN), and silver.

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Gold has also shown significant growth, increasing by 22.4% since February 13, according to Trading Economics. It now boasts a market cap of $16.4 trillion.
Industry experts remain divided on Bitcoin’s future price movements after reaching a new all-time high in March.

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Predictions for Bitcoin’s Future Price Movements
Bitcoin analyst Dylan LeClair has previously noted that Bitcoin often doubles within months of reaching new highs, especially around halving events. However, with Bitcoin’s market cap now significantly higher than in 2020, 2016, and 2012, achieving such growth is more challenging.
Galaxy Digital founder and CEO Mike Novogratz predicts that Bitcoin will remain in a “consolidation phase” between $55,000 and $75,000 over the next month, potentially rising toward the end of the second quarter.

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Analysts at the cryptocurrency trading platform Bitfinex are more optimistic, predicting that Bitcoin could reach $150,000 over the next 12 months.
Many industry experts attribute these high predictions to the introduction of spot Bitcoin exchange-traded funds and the anticipated post-halving effect.
Currently, Bitcoin’s market sentiment score is 70 out of 100, indicating “Greed” on the Crypto Fear & Greed Index.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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