3 Meme Coins to Sell in May Before They Crash & Burn

Prevent your crypto wallet from being wiped out by refusing to store funds in these tokens.

ApeCoin (APE-USD):
Bored Ape Yacht Club (BAYC) is facing declining investor interest and internal struggles, signaling a potential downturn.

Shiba Inu (SHIB-USD):
The limited usefulness of a speculative asset requires caution in periods after the hype cycle.

Bonk (BONK-USD):
Rapid growth in a bull market has a downside—a sharp decline from the pressure of more innovative and active competitors.

The long-awaited Bitcoin (BTC-USD) halving did not meet the expectations of many memecoin holders. Instead of a multiple rise, the crypto market witnessed a decline of varying depth. The market capitalization of tokens from the “Meme” category has fallen and is now around the $56 billion mark. With the total market capitalization remaining relatively unchanged, this indicates an outflow of funds. The loss of support levels leads to the fact that investors are already making a list of meme coins to sell. They realize that it is not worth staying in a loss-making asset just because previously they earned money using this token.

Amid a market-wide correction and growing FUD, the balance of risks and possible rewards is changing. During the bull market, meme coins managed to grow in value and become more massive players. If the flow of capital from a certain group of meme coins to projects with a more developed technological base is confirmed, these coins will find themselves in a crisis.

#Memecoins #altcoins #MemeCoinCrash
$BONK $APE $SHIB

Smart Money Chases 3 Top Cryptocurrencies To Buy, Turning $20 Into $2,000

Cryptocurrencies to buy like Ethereum (ETH), Shiba Inu (SHIB) and Solana (SOL) emerge as leading gems ahead of the bull market. Investors eyeing immense potential from their portfolios may consider key DCA strategies.

1. Cryptocurrencies To Buy – Ethereum (ETH)

ETH price today is $3,938, which represents a 2.2% increase in the past 24 hours and a 25% increase in the past 7 days. The asset continues to show signs of bullish tendencies as the Ethereum ETF news hype settles. 

2. Solana (SOL)

Over the past month, the Solana price has surged more than 22%, driven by positive market sentiment. This upward momentum has been bolstered by a surge in Solana-based meme coins like WIF, BONK, BOME, and POPCAT, fueling investor enthusiasm.

3. Shiba Inu (SHIB)

Shiba Inu sits on top of all three bull market indicators, starting with the 200-day, 50-day, and 20-day Exponential Moving Averages (EMAs) (the purple, red, and blue lines overlaying the chart).

Bottom Line

Identifying the cryptocurrencies to buy in May is key to every investor. Buying into projects like Ethereum, Solana, and Shiba Inu could pave the way to a higher return on investment. If Bitcoin rises to $100,000 in 2024 some of these tokens could go up 50x, changing the fortunes of many investors.
#EarnFreeCrypto2024 #FIT21 #ETHETFsApproved
$SHIB $SOL $ETH

5 Best Altcoin For 10x Gains To Buy Now In 2024 (May Updated)

Which Are TheBest Altcoin For 10x Gains?

The best altcoin for 10x gains is 5thScape, which enables you to reap massive ROI.  DarkLume also provides exponential returns.  Due to 2024’s continuous highs and lows, cryptocurrency investments are now more susceptible to danger.  This is where we have examined the best altcoin for 10x gains that are both highly stable and have applications that extend beyond trading.

Below-mentioned is a list of the best altcoin for 10x gains:

5thScape (5SCAPE)

DarkLume (DLUME)

SimuGaze (SGAZE)

Ethereum (ETH)

Binance Coin (BNB)

5thScape (5SCAPE)

5thScape operates within an advanced AR/VR ecosystem, including hyper-realistic games, educational resources, and more.  By seamlessly integrating state-of-the-art technology into VR headsets and utilizing blockchain, 5thScape is a promising altcoin investment opportunity. 

DarkLume (DLUME)

DarkLume aims to revolutionize luxury and entertainment through its pioneering VR and blockchain technologies.  At the heart of this innovation is a Metaverse where token holders can acquire land, obtain virtual citizenship in various countries, and engage in real-time digital interactions.

SimuGaze (SGAZE)

The SimuGaze (SGAZE) project is committed to transforming the racing simulation industry.  Its vision is to create an immersive ecosystem where professionals and casual gamers can experience the excitement of racing various vehicles. 

Ethereum (ETH)

Ethereum, the second oldest cryptocurrency, demonstrates growth patterns akin to Bitcoin but is available at a relatively lower price.  While Bitcoin is an excellent long-term investment, its high price can be a barrier for average investors with moderate risk tolerance.

Binance Coin (BNB)

Binance is a highly regarded cryptocurrency exchange platform offering numerous benefits to its users.  Its key features include low transaction fees, high efficiency, and rapid transaction processing.
#btc70k #PEPE‏ #ETHETFsApproved
$BNB $ETH $PEPE

Top 5 most promising meme coins of 2024 alongside Notcoin

Top 5 Promising Memecoins in 2024

1. Speedy
The first coin is Speedy built with the aim of showing the importance of speed and efficiency in cryptocurrency.
The lightning-fast memecoin on Fantom was recently launched. It leverages Fantom Chain’s revolutionary network to deliver lightning-fast and secure transactions.

2. Floki
The second meme coin is Floki and it is a memecoin with a combination of abilities and utilities.
This memecoin distinguishes itself from the myriad of coins by blending community focus, utility, and charity initiatives. Floki has designed a comprehensive ecosystem that does not only cut across trading and memes but incorporates a 3D NFT Metaverse, education-based content, a merchandise store, and decentralized finance (DeFI) utilities.

3. Notcoin
The Third coin is very popular in Nigeria and has many active investors and participants from the country.
Like Speedy, Notcoin is a newly launched memecoin that is currently showing great potential. Live on the TON Ecosystem, Notcoin has gained a global reputation by allowing users to play a simple Telegram-based game.

4. Buttchain
The fourth memecoin is a major part of the polygon ecosystem. Currently, in its pre-sale phase, Buttchain stands out for its humorous branding and advanced features.
It is the premier auto-liquidity memecoin on Polygon and some of its features include liquidity farming that has been designed to guarantee smooth trading once launched.

5. PEPE
The Fifth coin is a very popular coin that connects various blockchains and it’s big on promoting interoperability between blockchains.
PEPE is one of the most popular memecoins in the market. Inspired by Pepe the Frog, this project has no utility. However, it has captivated the interest of millions of investors globally and has amassed great returns.
#ETHETFsApproved #EarnFreeCrypto2024 #PEPE‏
$PEPE $NOT $FLOKI

Top 5 Crypto Domains to Invest In for Upcoming 2024 Bull Rally

As Bitcoin’s dominance fades and altcoins prepare for a potential rise, analysts predict an upcoming altcoin season. After ETF mania, the cryptocurrency market is buzzing with excitement over altcoins, and expert Miles Deutscher recently shared valuable insights on navigating this space successfully.

Deutscher’s strategy is straightforward: follow compelling narratives and seize opportunities during market downturns, avoiding the temptation to buy at peak prices. He advocates for thematic investments in trending areas which resonate strongly with everyday investors and have experienced remarkable growth.

Key Altcoin Narratives

Deutscher identifies five driving narratives behind the altcoin surge: meme coins, privacy-focused currencies, RWA tokens, AI ventures, and crypto gaming. He stresses the importance of narrative cohesion and strategic entry points, emphasizing the need for sound investment principles amidst market fluctuations.

Over the past three months, various narratives have shown significant growth, including meme coins (+141%), privacy coins (+68%), RWA coins (+60%), and AI coins (+58%). AI coins are leading the pack, driven by real-world catalysts and investments from tech giants like Microsoft, Google, and Apple. However, Deutscher suggests being cautious and selecting genuine products with strong fundamentals for investment.
#pizzaday #PEPE‏ #btc70k
$PEPE $NOT

5 Best Cryptocurrency To Invest Today for Maximum Returns This Year

Here is a List of the Best Cryptocurrencies to Invest in 2024 suggested by experts:

1. 5thScape (5SCAPE)

2. DarkLume (DLUME)

3. SimuGaze (SGAZE)

4. Cardano (ADA)

5. Tron (TRX)

5thScape

The 5thScape project unlocks an all-new set of gaming adventures and immersive experiences. 5SCAPE, the project’s token, is an access point to numerous VR-integrated experiences. Its projected growth is set to run parallel with the development of virtual reality tech across various sectors. 

Darklume

Darklume is also a new project offering things beyond one’s imagination. Darklume is a whole virtual world built on gamified socio-economic. It runs using the DLUME currency. It offers its users a unique blend of fantasy and social interaction. In this project, users can acquire citizenship in the country they like, engage in social and leisure activities, and participate in various other activities, such as entering into relationships.  

SimuGaze

SimuGaze is a novel project in the AR and VR simulation world. It offers realistic racing entertainment. The project’s vision is to provide an immersive and surrealistic gaming experience and the thrill of high-speed racing within the VR ecosystem. 

Cardano ($ADA ) 

Cardano, often called “Ethereum Killer,” is a blockchain platform created to offer a more secure and scalable infrastructure for developing decentralized applications (dApps) and smart contracts. With a focus on sustainability, interoperability, and scalability, Cardano has attracted much attention from investors and developers since its launch. The current circulating supply of $ADA is around 35 billion.

Tron ($TRX ) 

Backed by blockchain technology, Tron is a decentralized space that aims to create a revolution in the entertainment industry. It enables content creators to connect with their audience directly, bypassing the facilitators.
#PEPE‏ #pizzaday #btc70k
$TRX $NOT

Where the Whales Are – Top 5 Countries for Crypto Investors

As the popularity of cryptocurrencies continues to grow, investors are on the lookout for the most accommodating environments to maximize their returns.

A handful of countries stand out as sanctuaries for crypto enthusiasts, thanks to their regulatory clarity, tax-friendly policies, robust technological infrastructure, and supportive government initiatives.

Top Crypto-Friendly Countries

Governments around the world are grappling with the challenge of regulating cryptocurrencies as this emerging asset class continues to gain popularity and adoption.

This article delves into a comparative analysis of the world’s most crypto-friendly countries, including Switzerland, Singapore, Malta, Portugal, and Estonia.

1. Switzerland

Known for its financial privacy and precision, Switzerland is a beacon for crypto investors, thanks to the famed Crypto Valley in Zug.
The region boasts clear and supportive regulations, coupled with favorable tax treatments for cryptocurrencies.

2. Singapore

Singapore’s progressive regulatory framework makes it another attractive destination for crypto investors.

The country does not impose capital gains tax on cryptocurrency income, providing a significant financial incentive.

3. Malta

Often dubbed “Blockchain Island,” Malta offers a comprehensive legal framework for blockchain and cryptocurrencies.

Its government has been proactive in providing attractive tax incentives for crypto businesses and cultivating a growing blockchain ecosystem, which positions Malta as a

4. Portugal

Portugal presents a very appealing profile for individual crypto investors, with no personal income tax on cryptocurrency earnings.

5. Estonia

As a pioneering digital nation, Estonia boasts clear crypto regulations and a favorable tax environment for crypto investments.
#ETHETFS #PEPE‏ #btc70k
$BONK $BOME $MEME

Top 5 Altcoins Under $0.01 for a $1,000 Investment

As the market anticipates an imminent bull rally, the top five altcoins under $0.01 for a profitable $1,000 investment.

Top 5 Altcoins Under $0.01 For a $1,000 Investment 

Consequently, we queried the top five altcoins under $0.01 suitable for an investment of $1,000.  

Shiba Inu (SHIB) 

The AI chatbot ranked Shiba Inu (SHIB) at the top of the list. The investor allocate a capital of $300 to the canine-themed token for a chance to record huge returns. 

Holo (HOT) 

Holo (HOT) is the second recommendation on list of crypto assets under $0.01 for a $1,000 investment. For context, Holo is an ERC-20 token redeemable for the upcoming HoloFuel token, which will be used to pay costs for services within the Holochain. Of the $1,000 capital, the investor should invest $250 into HOT. 

BitTorrent (BTT) 

Launched in 2001, BitTorrent is a decentralized data-sharing platform. In 2018, Tron acquired BitTorrent, which has since bolstered its decentralization. BitTorrent’s native token, BTT, as the third altcoin under $0.01 suitable for an investor with a $1,000 capital.

Siacoin (SC) 

Siacoin as the fourth altcoin under $0.01, which is suitable for an investor with a capital of only $1,000. For the uninitiated, Siacoin is the native token of the prominent blockchain-based cloud storage crypto project Sia. 

Electroneum (ETN) 

The last recommendation in the list is Electroneum (ETN). It boasts a market cap of $53.97 million, ranking it as the 589th-largest cryptocurrency. Investors with a $1,000 capital can allocate $100 to ETN. At the current rate of $0.003, one can purchase 333,333 ETN tokens with an investment of $100.  
#ETHETFS #PEPE‏ #btc70k
$SC $BTTC $HOT

Best Crypto To Buy: Three Altcoins Destined To Be Future Top 10 Stars

The Arweave (AR) ecosystem has expanded with the launch of Oara, and alongside this, it’s “ao” hyper parallel computer Computer has added computational layers to the permanent storage capabilities. Injective (INJ) has also made waves, as inEVM unveiled the integrations with Arbitrum, which unlocks new frontier for developers. 

However, all eyes are now on Rollblock (RBLK) as it’s raised over $275,000, and the value of its native token has already provided 20% in ROI. To see which is one of the best altcoins to invest in, we will go over their on-chart performance individually. 

Arweave Crypto on the Rise As Oara Launches

Arweave (AR) has reached two major milestones recently which have positioned it as a solid altcoin to jump into. First, its “ao” project has reached over 154,800,000 transactions, indicating that the activity is continuing to grow, adding computational layers to Arweave’s permanent storage capabilities, and builders continue to join, which can result in an increase in the Arweave crypto utility, and making it one of the top altcoins.

Then, Oara was also launched on top of the ecosystem and enables the ecosystem access to projects and applications with media platforms, creative agencies and content dictators. These aspects have put the Arweave price in an upward direction, as its RSI and MACD data are strong. According to the Arweave price prediction, it can end in 2024 at $68.62.

Injective Ecosystem Expands – Can the Price Move Further Upwards?

Injective (INJ) recently unveiled how inEVM will integrate with Arbitrum. Through the customization of Arbitrum’s unique Orbit stack, inEVM unlocks the frontier for developers globally, and as a result empowers them with high speeds and robust interoperability, which can increase the demand for the Injective crypto. 
#Market_Update #buythedip #ETHETFS
$ADA $MEME $BOME

Shiba Inu

Shiba Inu (SHIB) Joins Ranks of Major Solana-Centered Exchange

Shiba Inu (SHIB) skyrockets in adoption with listing on hot new exchange Backpack

Shiba Inu (SHIB) enthusiasts have a new reason to celebrate as the popular meme-inspired cryptocurrency has a new listing on one of the hottest exchanges right now, Backpack. The news, published in an official post from the Shiba Inu X account, marks a significant milestone for the token, opening it up to a wider audience of investors and traders.

Backpack, an emerging centralized cryptocurrency exchange focused on the Solana ecosystem, was launched on the back of blockchain's revival in 2024. The exchange has quickly become a prominent player in the cryptocurrency exchange arena, with licenses to operate in key regions such as the UAE, U.K. and several European countries, as well as hosting a number of generous giveaways.

Tying the exchange to Solana's growing ecosystem has proven fruitful, attracting significant investment and contributing to the platform's growth. Currently, the Backpack exchange boasts a deposit count of $126.24 million. With fewer than 20 cryptocurrencies listed on the platform, SHIB's inclusion on the list is a testament to the popularity and widespread adoption of the token.

For Shiba Inu enthusiasts, Backpack's listing is a significant milestone, providing yet another way to acquire and trade the meme token. This move not only increases the availability of SHIB but also opens up the Shiba Inu token to enthusiasts of the Solana ecosystem, furthering its adoption and cementing its status as a powerful player on the crypto market.
#pizzaday #btc70k #PEPE‏
$SHIB $FLOKI $DOGE

Pepe Coin Price Prediction (2024-2050) & The Next Big Memecoin

Pepe price predictions are in the spotlight with wild speculations about its future value. Could meme magic propel this pepe the frog-inspired cryptocurrency to unfathomable heights?

In today’s article, we will explore the potential trajectory of Pepe Coin’s value in the years to come, from 2024 to 2050. We’ll share expert forecasts, performance analysis, and a comparison with emerging alternatives like Pikamoon (PIKA), poised as the dark horse of GameFi tokens.

Pepe Coin Price Prediction (2024 to 2050): Can Pepe Reach $1?

GME Stock Surge and Its Immediate Impact on Pepe Coin Price

The recent spike in GameStop (GME) stock could positively influence Pepe Coin’s price in the short term. 

During the 2020 GME rally, the actions of retail investors led to massive liquidations of put options, resulting in significant capital flow into meme coins. This time, similar market dynamics are at play, with renewed retail interest and institutional pressure. 

The influx of funds from GME-related liquidations could once again drive up meme coin prices, as investors look for alternative high-growth opportunities in the meme coin sector. This repeat scenario positions Pepe to benefit from the recent developments in the short run. 

Pepe Price Performance 2024

Yearly Low: $0.00000732 | Yearly High: $0.00003350
In 2024, Pepe Coin is expected to show significant volatility, with its price possibly quadrupling from its lowest to its highest point.

This substantial range suggests a reactive market presence, influenced by hopes of an upcoming bull run. The higher price is driven by the recent GME stock surge, and growing interest around meme coins, which could draw substantial attention to Pepe coin.

#pizzaday #PEPE‏ #btc70k
$PEPE

Suggest some words!!!

#CryptoWatchMay2024 #BinanceLaunchpool #altcoins

$PEPE
$NOT

The sudden death of Iranian President Ebrahim Raisi in a helicopter crash on May 20, 2024, is likely to have significant political and economic implications for Iran and the Middle East. The possible effects on the market could be:

- *Power Struggle*: Raisi's death may trigger a high-stakes power struggle within Iran, which could lead to political instability and impact the economy.

- *Regional Tensions*: The sudden absence of a key political figure like Raisi could disrupt the delicate balance of power within Iran and beyond, potentially leading to increased regional tensions.

- *Market Volatility*: The news of Raisi's death may lead to market volatility, as investors react to the uncertainty and potential implications for the region.

- *Oil Prices*: As Iran is a major oil producer, any instability or tensions in the region could impact oil prices and the global energy market.

- *Geopolitical Risks*: The death of Raisi may increase geopolitical risks, potentially leading to a re-evaluation of investment strategies and risk assessments in the region.

#Market_Update #BULL-RUN #notcoin
$ADA $MEME $PEPE

Bitcoin price hits $70K as spot and BTC ETF buying surges

Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end.

Bitcoin 

BTC



$70,970

Price rallied to the coveted $70,000 mark amid a noticeable surge in spot buying and spot BTC exchange-traded fund (ETF) purchasing, with the cryptocurrency community pondering whether the bull market is just beginning or nearing its peak. 

Bitcoin charts and spot ETF activity highlight the trend reversal

Analyst “ELI5 of TLDR” suggested that the majority of on-chain indicators point to a nascent bull market, despite some showing topping patterns. The recent support bounce near $60,000 has sparked increased interest, with Farside Investors reporting approximately $950 million in inflows last week, a figure not seen since March.

Should this trend continue, BTC could potentially exceed expectations. Currently, BTC is trading within a few hundred dollars of $70,000, with the 20-day EMA at $64,371 and a positive RSI indicating that an upward breakout is more likely. Overcoming the $68,000 resistance suggests that BTC price is on the path to $73,777, though this level may trigger a strong bearish response.

Conversely, a break below the moving averages could signal a bearish downturn, with potential drops to $59,600 and $56,552.

#bitcoinhalving #BTC #bitcoin
$BTC $FLOKI $SHIB

$22,000 Disappears From JPMorgan Chase Account After Customer Reports Suspicious Activity – Now Bank Says Reimbursement Is Not Happening

An Ohio family says a single phone call led to thousands of dollars being drained from their JPMorgan Chase bank account – and Chase says they’re on the hook for it.

The Kalista family says they recently received a phone call from what was allegedly Chase, notifying them of suspicious activity.

Michelle Kalista says whoever was on the other line sounded legitimate and somehow knew much of her personal information, including her transaction history.

“I never thought I would be a victim of fraud just because I know better… How did they get into my account to begin with? How did they know my transactions? And how were they able to transfer money? None of those things have been answered yet.”

The person told Michelle that someone was trying to wire money to Florida.

Meanwhile, her husband Mike called Chase on his own to confirm there was a real emergency, and the bank confirmed that fraud attempts were indeed taking place.

However, confirming the fraud with Chase employees was apparently not enough to stop the scammer on the phone from accessing the Kalistas’ money.

Mike says there were two unsuccessful wire attempts from their bank account, which is when Chase should have frozen the funds. However, that didn’t happen, and on the third attempt, $22,000 disappeared.
#BlackRock #MicroStrategy #buythedip
$NOT $MEME $BOME

2 cryptocurrencies to reach $50 billion market cap in the first half of 2024

The cryptocurrency market is showing signs of recovery, with the total market capitalization rising by approximately 2.50% in the last 24 hours to reach $2.55 trillion on May 18. 

This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $50 billion mark.

Finbold has identified two altcoins—XRP (XRP) and Dogecoin (DOGE)—that could potentially reach a market cap of $50 billion by the first half of 2024. These digital assets have favorable conditions that could drive their market capitalization higher.

XRP

XRP’s price performance has been challenging for many investors, staying mostly below $1 and struggling to hold support above $0.50. Despite this, optimism is growing about XRP’s future. The ongoing legal disputes between Ripple and the Securities and Exchange Commission (SEC) could be resolved positively for Ripple, providing a significant boost for XRP.

Ripple’s upcoming stablecoin launch is anticipated to attract more users to its platform, benefiting XRP. This new development could drive further adoption and enhance Ripple’s ecosystem.

Dogecoin (DOGE)

By mid-2024, the meme coin DOGE  seems poised to reach the $1 milestone and potentially achieve a $50 billion market cap. The large-cap meme coin has a fully diluted valuation (FDV) of about $28 billion and approximately 7 million on-chain holders.

Renowned crypto analyst World Of Charts suggests that Dogecoin is approaching a critical descending trendline, with a potential breakout that could trigger a 100% surge in its price, aiming for a target of approximately $0.29.
#notcoin #CMEBitcoinSpotTrading #altcoins
$DOGE $XRP

Make $100,000 With 4 Ethereum Meme Coins To Buy In 2024 Bull Run

The Ethereum meme coins to buy include SHIB, PEPE, FLOKI, and MOG. These coins are primed for impressive returns and capitalize on the current bullish crypto market trend.

The Ethereum meme coin market is brimming with potential for investors in 2024. Notable meme coins to buy like Shiba Inu Coin (SHIB), Pepe (PEPE), Floki (FLOKI), and MOG Coin (MOG) are positioned to offer substantial returns. These coins are expected to capitalize on the upcoming bull run, making them attractive, aiming to make $100,000 in significant profits.

1. Meme Coins To Buy – Shiba Inu Coin (SHIB)

Shiba Inu Coin (SHIB) continues its impressive rise in decentralized finance, marked by a robust 12% value surge. Known as the second meme coin, SHIB has shown a 7% increase over the past week, signaling a bullish trend.

2. Pepe (PEPE)

Pepe (PEPE), an Ethereum-based cryptocurrency, is also gaining significant attention. With a current market cap of $4.04 billion, Pepe coin has secured the 24th position in market rankings. The Pepe price stands at $0.000009691, experiencing a remarkable 482% surge over the past year. This performance marks PEPE as the leading meme coin on CoinMarketCap.

3. Floki (FLOKI)

Floki (FLOKI), initially known as a meme coin, has now made significant strides in the Web3 space. Incorporating aspects of the Metaverse, decentralized finance (DeFi), and non-fungible tokens (NFTs), it has earned the nickname “The People’s Crypto.” Floki’s blend of meme appeal and real-world utility sets it apart in the cryptocurrency sector.

4. MOG Coin (MOG)

MOG Coin (MOG) is also making waves in the cryptocurrency world with its unique meme-driven approach. MOG Coin price value now stands at $0.0…06229, marking a 0.10% increase in the last 24 hours. 

#Memecoins🤑🤑 #notcoin #MemeWatch2024

Bitcoin Is Booming, Hits Highest Price Since the Halving

The price of Bitcoin just touched its highest point since last month's halving, hitting a level not seen in more than a month.

The price of Bitcoin has surged to its highest since the much-talked about halving event on April 19, touching a recent high of $67,422 on Friday before dipping again.

CoinGecko data shows that the biggest digital asset is up by nearly 3% in the past day. Over seven days, the coin has risen by more than 9%. It's now priced at $66,750. Bitcoin last hit today's high price on April 13, more than a month ago.

Bitcoin dropped following the halving—a quadrennial happening baked into the coin's code—though experts told Decrypt that was to be expected.

A combination of factors including geopolitical turmoil, cooling hype surrounding the new spot exchange-traded funds (ETFs), and investor uncertainty surrounding the Federal Reserve's next moves caused the virtual asset to nosedive down to under $57,000 last month.

It has been rising ever since, though Bitcoin's price is still below its all-time high price of $73,737 set this March.

The Bitcoin halving took place late on April 19 in the United States. It led to miners, the power-hungry operations that process transactions on the network, having their rewards cut in half from 6.25 BTC to 3.125 BTC for each block they process.

Designed as a feature of Bitcoin to make it deflationary, the idea is that the event will make sure that as time goes on, it becomes more difficult to make new virtual coins. Four halvings have now taken place, and after about a year following each one, the coin has typically risen in price.

Bitcoin's rise this year has mostly been thanks to new investors putting money into the asset via the new spot ETFs, which were approved in January. The investment vehicles have been massively popular, receiving billions of dollars in inflows.
#BlackRock #notcoin #ETHETFS
$WIF $PEPE $DOGE

2 cryptocurrencies to reach $100 billion market cap in the first half of 2024

Bitcoin (BTC) recent surge to a record high of $73,750, followed by a pullback to $61,000, has set the stage for what many in the cryptocurrency sector believe could be the onset of an altcoin season. Analysts’ diverse predictions hint at a massive upswing in altcoin valuations.

This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $100 billion mark. 

Consequently, Finbold has identified two cryptocurrencies likely to surpass this threshold.

BNB Chain (BNB)

BNB, the native token of Binance, is showing robust potential to reach and potentially exceed a $100 billion market cap. This potential is anchored in Binance’s continuous strategic expansions and innovative developments within its ecosystem.

Currently holding the fourth position in the crypto market by market cap, BNB boasts a valuation of approximately $85.6 billion and trades at $580.28, marking a 2% increase in the last 24 hours.

Solana (SOL)

Solana (SOL), currently the fifth-largest cryptocurrency by market cap, stands at $68,472,570,217 and is backed by strong investor confidence. 

The Solana ecosystem has been vibrant, particularly with SOL-based meme coins like the WIF token and BONK seeing significant trading volume increases. These trends highlight growing investor interest and positively impact Solana’s market value.

#notcoin #altcoins #MemeWatch2024
$BNB $SOL $NOT

$1.5 TRILLION WALL STREET GIANT MORGAN STANLEY BUYS BITCOIN ETF EXPOSURE

Morgan Stanley, one of the largest Wall Street firms with $1.5 trillion AUM, has disclosed a $270 million investment in spot Bitcoin ETFs.

Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated.

After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names like the State of Wisconsin Investment Board, Wells Fargo, JPMorgan and others.

Now, the latest disclosure shows mammoth financial services firm Morgan Stanley has bought $269.9 million worth of Grayscale's GBTC. This makes Morgan Stanley one of the largest institutional holders of GBTC, besides Susquehanna's $1.8 billion position.

With over $1.5 trillion in assets under management, this allocation signals the Wall Street titan's growing conviction in bitcoin's role in portfolios. 

It joins other major banks like JP Morgan, BNP Paribas, and Royal Bank of Canada that have disclosed spot Bitcoin ETF purchases.

Despite some firms like Vanguard opposing Bitcoin, the broader shift has been toward embracing Bitcoin exposure. Clients are demanding access to Bitcoin's growth prospects as both an inflation hedge and an alternative asset class.

#ETHETFS #notcoin #BlackRock
$ADA $SHIB $FLOKI