Crypto analyst Egrag Crypto predicts $200 trillion total market cap growth in a decade.

He then highlights altcoin VRA’s potential surge, reaching $0.2 to $0.40.

Community engages in VRA discussions, anticipating multi-millionaire opportunities.

Renowned crypto analyst Egrag Crypto weighs in on the ambitious projections for the Total Market Cap, stirring excitement within the crypto sphere. Known for his bullish crypto price analysis’ Egrag Crypto makes another bullish observation about the crypto market.

In detail, Egrag Crypto dars light to when Ripple CEO Brad Garlinghouse made a forecast hinting at a potential $5 trillion milestone. This forcast aligned with Fib 1.414, but Egrag Crypto anticipates an even more bullish trajectory, eyeing Fib 1.618.

#TotalMarketCap: Heading Towards $200 Trillion in the Next Decade? According to @bgarlinghouse, this cycle might push the #TotalMarketCap to around $5 trillion, coinciding with Fib 1.414. However, I'm more inclined to believe that #TMC will easily hit Fib 1.618.Looking… pic.twitter.com/DZIcRMbPC0

— EGRAG CRYPTO (@egragcrypto) April 28, 2024

Looking further into the future, industry visionary Raoul Pal paints a vivid picture of exponential growth, envisioning the entire Asset Class surging to an astounding $200 trillion within the next decade, reflecting the dynamic nature of the digital age.

Amidst discussions on market potential, Egrag Crypto directs attention to Verasity (VRA), a rapidly expanding altcoin making waves in the crypto space. Positioned as a Protocol and Product Layer Platform for Esports and Video Entertainment, VRA aims to revolutionize advertising revenues for video publishers through its blockchain-powered rewarded player and ad stack.

#VRA Let's Make a Bet: By July, VRA could hit 0.20c – 0.40c! By mimicking the complete move from the previous target (Green Pattern) and considering the move post the breakout (Blue Pattern) from the "Verasity Launch Pad," it seems to be aiming for 0.20c to 0.40c.#VRAFam,… pic.twitter.com/kDKKDyClUr

— EGRAG CRYPTO (@egragcrypto) April 28, 2024

Egrag Crypto lays out a compelling case for VRA’s upward trajectory, proposing a bold prediction: by July, VRA could soar to heights between $0.2 to $0.4. Drawing insights from previous patterns and the breakout momentum from the “Verasity Launch Pad”, Egrag Crypto envisions a lucrative outcome for VRA investors.

As the crypto community eagerly awaits VRA’s performance, Egrag Crypto opens the floor for discussion, inviting fellow enthusiasts to share their perspectives. The hashtag #VRAFam emerges as a rallying cry, symbolizing collective optimism and the potential for substantial wealth creation in the evolving landscape of cryptocurrency investments.

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The post Crypto Total Market Cap Projections Spark Enthusiasm in Altcoin Community Spotlight on Verasity (VRA) appeared first on Crypto News Land.

Ethereum’s strength influences altcoin market dynamics, signaling potential bullish trends.

Analysts stress ETH/BTC pair as a key indicator for altcoin performance.

Breakout above $3,500 could ignite altcoin market explosion, analysts predict.

In the dynamic world of crypto, Ethereum (ETH) stands as a pivotal force, often dictating the trajectory of numerous alternative coins (altcoins). Renowned crypto analyst Crypto Nova sheds light on Ethereum’s current stance and its potential ramifications on the broader altcoin market.

𝐈𝐬 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐨𝐮𝐭? 𝐖𝐡𝐲 𝐢𝐬 𝐭𝐡𝐢𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐟𝐨𝐫 𝐚𝐥𝐭𝐜𝐨𝐢𝐧𝐬?$ETH has always been a leading indicator for the majority of altcoins.But looking at the USD value paints an incomplete and often wrong picture.When the dollar… pic.twitter.com/f0QIbTY09G

— Crypto Nova (@CryptoGirlNova) April 28, 2024

While assessing Ethereum’s performance, Crypto Nova emphasizes the inadequacy of solely considering its USD value. Contrary to popular belief, fluctuations in Ethereum’s USD value do not necessarily signify an altseason or superior performance of altcoins. Instead, Crypto Nova asserts the significance of analyzing the ETH/BTC pair, dubbing it as the “KING” indicator akin to bitcoin dominance.

According to Crypto Nova, Ethereum’s behavior often foreshadows the fate of altcoins, given its prominence as the leading alternative cryptocurrency. Historically, when Ethereum experiences positive momentum, it tends to catalyze a similar uptrend across the altcoin market, indicating a synchronized bullish sentiment.

Presently, Ethereum’s strength against Bitcoin (ETH/BTC) exhibits a resurgence not witnessed in several weeks, as observed within the current market dynamics. While the weekly chart remains inconclusive, promising signs emerge from the daily chart, hinting at potential bullish movements.

With the altcoin market displaying oversold conditions, Crypto Nova anticipates a resurgence in positive price action. Speculatively, a return of ETH/BTC to local top ranges is foreseeable. Furthermore, a breakthrough beyond the weekly range, propelling ETH/BTC towards 0.15 BTC, could herald a significant bullish run, an outcome that warrants close observation in the forthcoming weeks.

If ETH breaks above $3,500 Altcoins will EXPLODE

— Ash Crypto (@Ashcryptoreal) April 27, 2024

Echoing similar sentiments, another prominent crypto analyst, Ash Crypto, underscores the potential explosive impact of Ethereum surpassing the $3,500 threshold on altcoins. Such forecasts underscore the intricate relationship between Ethereum’s performance and its ripple effect on the broader cryptocurrency landscape. As the market continues to evolve, analysts like Crypto Nova and Ash Crypto provide valuable insights to navigate the complexities of cryptocurrency trading and investment.

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The post Expert and Seasoned Crypto Analysts Forecasts Future of ETH and Explosive Impact on Altcoins appeared first on Crypto News Land.

Acinq, zkSNACKs exit US, highlight regulatory challenges.

US crackdown prompts Acinq and zkSNACKs to cease services.

Acinq, zkSNACKs adapt strategy amidst regulatory shift.

Acinq and zkSNACKs, prominent in the cryptocurrency wallet service market, have recently withdrawn from the United States. Acinq’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet will cease operations for U.S. customers due to the intensified scrutiny of self-custody cryptocurrency wallets by U.S. authorities.

Recent actions against Consensys and Samourai Wallet have caused a ripple effect in the cryptocurrency service sector. These incidents have led to heightened uncertainty regarding the status of self-custodial wallet providers as legitimate money services businesses. 

Consequently, Acinq and zkSNACKs are taking preemptive measures to safeguard their operations. Acinq has informed Phoenix Wallet users they have until May 2 to prepare for the impending changes. Meanwhile, Wasabi Wallet immediately implemented its new policy, urging users to comply immediately.

Industry Adapts Amid Regulatory Changes

These wallet services’ pivot away from the U.S. market underlines the broader impact of the U.S. crackdown on self-custody solutions. Phoenix Wallet has advised users to transfer their funds but has warned against “force-closing” wallets due to potentially high on-chain fees. This guidance comes as global regulators express concerns that self-custody crypto wallets could be used to facilitate illicit activities such as money laundering. 

On May 3rd, 2024, @PhoenixWallet will be removed from US app stores.Users from the US should empty their wallet:– Settings > Close channels (Android)– Settings > Drain wallet (iOS)We highly recommend *not force-closing* channels, as on-chain fees could be significant.

— Phoenix Wallet (@PhoenixWallet) April 26, 2024

These developments arrive amidst increased regulatory scrutiny within the U.S. On April 25, reports emerged of Consensys receiving a Wells notice from the SEC, hinting at possible enforcement actions. This news was followed by the arrest of the co-founders of Samourai Wallet on charges related to money laundering and operating an unlicensed money-transmitting business. These regulatory measures have sent a clear signal to the crypto industry, resulting in a cautious approach by wallet service providers.

The crypto community watches closely as the balance between innovation and regulation continues to shape the future of digital assets. Acinq and zkSNACKs’ response signifies a shift in the industry, emphasising the need for compliance and the importance of operating within the boundaries of regulatory frameworks.

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The post U.S. Crackdown Leads to Sudden Withdrawal of Crypto Wallet Services appeared first on Crypto News Land.

Morgan Stanley embraces Bitcoin ETFs, signaling mainstream financial acceptance.

Hong Kong’s ETF launch anticipated to impact Asian cryptocurrency adoption.

Crypto enthusiasts view Bitcoin as a protest vote against traditional finance.

Renowned crypto enthusiast Lark Davis recently shared insights that could shift market sentiment among investors, signaling bullish trends in the cryptocurrency space. According to Davis, America’s oldest bank, Morgan Stanley, has disclosed its exposure to Bitcoin ETFs, marking a significant move towards mainstream adoption. 

If you're still feeling bearish, you need to know this:…

— Lark Davis (@TheCryptoLark) April 27, 2024

Notably, Morgan Stanley plans to empower its extensive network of 15,000 brokers to recommend Bitcoin ETFs to their clients, further legitimizing the cryptocurrency in traditional finance circles.

In parallel developments, Hong Kong is on the brink of launching its own suite of ETFs, a move expected to have far-reaching implications across Asia. Success in Hong Kong’s ETF market could trigger a massive ripple effect, catalyzing broader acceptance and adoption of cryptocurrencies in the region.

Davis’s remarks come amidst a contrasting landscape where retail investors exhibit bearish sentiment towards Bitcoin. However, institutional interest in Bitcoin continues to soar, with more significant players entering the market.

1. LFG2. Since when was EU bigger than US (I must have missed that)3. Deng had the right idea, Xi went back to communism. Lucky us.4. ⁠Japan shows us what happens when you hit debt to GDP of 250%U.S. now doing its best to run the Japan experiment as fast as possible (debt… pic.twitter.com/c1pM1rifRL

— Brian Armstrong (@brian_armstrong) April 27, 2024

Adding to the conversation, Brian Armstrong, CEO of Coinbase, expressed optimism and determination, symbolized by the rallying cry “LFG”. Armstrong’s commentary also delved into geopolitical and economic dynamics, comparing the economic trajectories of regions like the EU, US, and Japan. Drawing parallels, Armstrong highlighted the increasing debt-to-GDP ratio in the US, likening it to Japan’s economic experiment, albeit at an accelerated pace.

Amidst these discussions, Davis emphasized Bitcoin’s role as a protest vote against traditional financial systems, framing it as a means to extend the influence of western civilization. As institutional involvement grows and geopolitical shifts unfold, the cryptocurrency landscape continues to evolve, with Bitcoin at the forefront of change.

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The post Bullish Sails Turn in Bitcoin’s Favor, Crypto Leaders Highlight Market Patterns appeared first on Crypto News Land.

Signs are pointing to an optimistic phase in the cryptocurrency market. Key technical indicators suggest a positive trend is on the horizon. With the bull run of 2024 underway, investors are closely watching these metrics to gauge the next big move. This article delves into the signals that forecast a promising direction for cryptocurrencies, providing insight into the potential upswing awaiting the crypto sphere.

CYBRO Presale: Meet the First-Ever Earn Marketplace on Blast

CYBRO introduces a unified marketplace for consistent crypto earnings, utilizing the Blast blockchain’s innovation. Launching in Q2 2024, the platform invites early investors to its presale for favorable entry terms.

From now on, CYBRO offers its native tokens at attractive prices, starting from just $0.020 apiece, an astounding 66% discount. Token holders will gain preferential access to marketplace services and various bonuses for an enhanced earning experience.

CYBRO will equip users with tools for increased income generation, such as staking, leverage farming, and lending. Enhancing Blast’s competitive interest rates, CYBRO will initially focus on high-yield staking, bolstered by state-of-the-art crypto-fiat and self-custody options.

Beyond staking, CYBRO tokens will enable an exclusive Airdrop, marketplace cashback,  reduced trading and lending fees, and the in-house insurance program.

This robust functionality positions CYBRO for potential value growth just after the TGE in Q3 2024, significantly benefiting presale investors.

>> CYBRO Presale Is NOW Live <<

Starknet Displays Mixed Signals Amidst Market Uncertainty

Starknet’s current market performance shows a bit of a tug-of-war between buyers and sellers, hinting at some indecision in the market. Recent trends suggest a cooling off after a period of significant excitement, possibly related to broader crypto marketplace dynamics. The trading activity around Starknet is not leaning heavily in any clear direction, as the appetite for risk seems to be balanced with caution.

In considering the Starknet’s fundamentals, its technology caters to a growing interest in scalability and privacy for blockchain applications. Starknet’s role in providing solutions for Ethereum’s network congestion could have a positive impact on its valuation, as adoption grows and technological developments unfold. The future sentiment for Starknet will likely be tied to its practical utility and adoption within the blockchain ecosystem.

Aptos Crypto Price Movement and Trends

Aptos (APT) has seen a dip, falling almost 6% in the past week. Over the month, the loss is much steeper at over 50%. Despite this, the last six months have shown a growth of over 30%. The current price swings between $8.96 and $10.66. Indicators suggest that movements are neither strongly impulsive nor corrective, but RSI and Stochastic imply a slight lean toward selling pressure.

Looking ahead for APT, cautious optimism is advised. Although recent declines might worry investors, the six-month positive trend can’t be ignored. The price is now below the 100-day average, hinting weakness. However, with the relative stability between the nearest support at $7.93 and resistance at $11.33, there’s potential for recovery. While immediate returns may be uncertain, APT’s price might find a boost if broader market conditions improve.

Celestia Crypto Price Glimpse: Patterns and Predictions

Celestia (TIA) has seen a variety of movements in its price. In the last week, the price rose by 3.29%. However, over the past month, it decreased by 24.18%. In a broader sense, the last six months have been strong, with a 207.38% increase. Currently, the token trades between $9.67 and $12.90, with movements suggesting a more corrective phase as the price stabilizes within this range.

Predicting TIA’s price requires a careful look at both its past trajectory and current market factors. With the token now near the lower end of its recent range, there could be an upswing if it breaks past $14.29, its nearest resistance. However, the price could also test the support level near $7.82. The balance of selling and buying pressure, as indicated by technical indicators like the RSI and MACD, points towards a cautious market sentiment. Long-term growth could continue but might face regular tests of support and resistance levels.

Conclusion

The current outlook for cryptocurrencies suggests a positive trend. However, some coins like STRK, APT, and TIA might see less movement in the short term. The focus is shifting to CYBRO, a unique marketplace that uses the Blast blockchain to create value. By allowing users to tap into native yield opportunities, CYBRO stands out among its peers. With its anticipated launch in the second quarter of 2024, the platform’s token presale provides a chance for early investors to get involved with promising conditions. This positions CYBRO as a notable project for those looking to capitalize on the initial stages of a bull run.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Cryptos Set for a Bullish Turn According to Key Technical Indicators appeared first on Crypto News Land.

As the bull run of 2024 takes shape, a handful of cryptocurrencies are catching attention for their potential to fund lavish spending in the near future, including that dream summer getaway. While investments are soaring, some specific coins show more promise than others. This article looks at which ones could turn travels from fantasy to reality, as crypto enthusiasts search for the next investment that could cover their vacation expenses.

BlastUP Token Projected to Soar 1000% By Year’s End

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users. 

The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

>> Buy BlastUP Tokens Now for Maximum Returns! <<

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Join BlastUP Now or This Rocket Will Take Off Without You! <<

Solana Price Moves and Current State

The current price range for Solana (SOL) is between $131.62 and $161.13. In the last week, SOL’s price changed by 1.15%, and over the past month, it went down by 24.54%. However, looking back six months, the coin has jumped a huge 354.32%. Currently, Solana’s price seems to be in a corrective phase as it is below the 10-day and 100-day average prices.

Looking ahead, SOL’s nearest resistance is at $173.40, and it might hit $202.92 if the momentum keeps up. The closest support lies at $114.36, with a further drop possibly finding a floor at $84.84. Taking into account the mixed signals from the RSI and MACD, and assuming the coin follows market trends, SOL could see fluctuations but possibly some recovery, as the long-term growth remains strong. Remember that predictions cannot guarantee future prices, and staying informed on market trends is vital.

Aptos Crypto Price Movement and Trends

Aptos (APT) has seen a dip, falling almost 6% in the past week. Over the month, the loss is much steeper at over 50%. Despite this, the last six months have shown a growth of over 30%. The current price swings between $8.96 and $10.66. Indicators suggest that movements are neither strongly impulsive nor corrective, but RSI and Stochastic imply a slight lean toward selling pressure.

Looking ahead for APT, cautious optimism is advised. Although recent declines might worry investors, the six-month positive trend can’t be ignored. The price is now below the 100-day average, hinting weakness. However, with the relative stability between the nearest support at $7.93 and resistance at $11.33, there’s potential for recovery. While immediate returns may be uncertain, APT’s price might find a boost if broader market conditions improve.

Celestia Crypto Price Glimpse: Patterns and Predictions

Celestia (TIA) has seen a variety of movements in its price. In the last week, the price rose by 3.29%. However, over the past month, it decreased by 24.18%. In a broader sense, the last six months have been strong, with a 207.38% increase. Currently, the token trades between $9.67 and $12.90, with movements suggesting a more corrective phase as the price stabilizes within this range.

Predicting TIA’s price requires a careful look at both its past trajectory and current market factors. With the token now near the lower end of its recent range, there could be an upswing if it breaks past $14.29, its nearest resistance. However, the price could also test the support level near $7.82. The balance of selling and buying pressure, as indicated by technical indicators like the RSI and MACD, points towards a cautious market sentiment. Long-term growth could continue but might face regular tests of support and resistance levels.

Conclusion

In conclusion, coins like SOL, APT, and TIA may offer less potential in the short term. However, BlastUP stands out with the highest potential for growth. Its strong concept and integration into the Blast ecosystem position it favorably for significant gains. Investing in BlastUP could potentially cover vacation expenses by next summer, given the current bull run.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The post Cryptos That Could Pay for Your Next Summer Getaway appeared first on Crypto News Land.

Dogecoin has seen an 11.17% decline in five days due to Bitcoin’s correction.

Dogecoin has maintained a sideways trend for almost two months with a symmetrical triangle pattern.

Bitcoin’s interest rises while altcoins, like Dogecoin, plateau amid market uncertainty.

The current trajectory of Dogecoin (DOGE) reflects a significant downturn amid Bitcoin’s post-halving correction. Over five consecutive days, Dogecoin witnessed a notable decline, plunging from a peak of $0.164 to $0.146, marking an 11.17% loss. 

Despite this downturn, market indicators suggest a potential reversal, with the asset’s price currently testing crucial monthly support within the symmetrical triangle pattern. Dogecoin has maintained a sideways trading pattern, evident in the convergence of two trendlines on the daily chart, indicative of the symmetrical triangle formation. These trendlines serve as dynamic points of resistance and support, underscoring the prevailing consolidation phase in the DOGE price. 

At its current price of $0.145, Dogecoin has exhibited resilience at the lower trendline of the triangle pattern, as evidenced by a notable rejection characterized by a long-tail formation. Such instances have historically served as pivotal moments for bullish reversals, attracting significant interest from potential buyers.

Market data analysis reveals a divergence in wallet activity between Bitcoin and altcoins like Dogecoin. 

The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop. https://t.co/itg9qMes7c pic.twitter.com/yrOlEQw3jy

— Santiment (@santimentfeed) April 27, 2024

While the number of active non-empty Bitcoin wallets continues to rise, indicating sustained interest in the flagship cryptocurrency despite its inherent volatility, altcoin wallets, particularly those associated with Dogecoin, have experienced a plateau in activity following earlier spikes in the year. 

For the meme coin to establish a definitive trend, a breakout from either of the triangle’s boundaries is essential, with a potential upward breakout poised to accelerate buying momentum and propel the asset toward $0.2.

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Polygon Makes Bullish Triangle, Gets 20% Surge in 7 Days

The post Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal appeared first on Crypto News Land.

ETH is approaching a crucial resistance level at $3,400, with potential implications for a move towards $3,500.

The emergence of a “higher low” pattern suggests a possible shift away from bearish sentiment in Ethereum’s market.

CoinCodex’s Ethereum price prediction anticipates a 2.66% rise to $3,235.84 by May 27, 2024.

Ethereum (ETH) investors are eyeing a significant milestone on the horizon as the cryptocurrency approaches a crucial resistance level. Analysts are closely monitoring ETH’s movements as it inches closer to the $3,400 mark, a key barrier that, if breached, could signal a clear path toward $3,500.

This impending challenge comes amidst a backdrop of promising developments in Ethereum’s market dynamics. Observers have noted a pattern known as the “higher low” on the price chart, indicating a potential shift away from bearish sentiment. This pattern suggests that despite periodic dips, Ethereum’s price is managing to stay above previous lows, hinting at underlying strength in its market trend.

Beyond the immediate resistance levels, Ethereum’s trajectory is also being shaped by broader market sentiment and technical indicators. CoinCodex’s current Ethereum price prediction suggests a modest yet optimistic 2.66% rise in ETH’s value, with a projected price of $3,235.84 by May 27, 2024. The Fear & Greed Index, standing at 67, reflects a prevailing sentiment of greed among investors, further fueling optimism for Ethereum’s prospects.

As Ethereum navigates these critical junctures, the formation of a strong trendline supported by increasing trading volumes could serve as a catalyst for continued upward movement. However, the sustainability of this bullish phase hinges on maintaining positive sentiment in the market and consistent trading activity in the days ahead.

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The post Ethereum Eyes $3,400: Breakthrough Could Propel Towards $3,500+ appeared first on Crypto News Land.

XRP faces a critical resistance barrier at $0.59, with potential implications for a rally to $0.75.

Decreasing trading volume suggests a possible stagnation in XRP’s market momentum.

The threat of a death cross formation adds to technical uncertainties surrounding XRP’s future price movements.

XRP finds itself at a pivotal juncture, where its trajectory hinges on the formidable resistance at $0.59. This crucial moment not only represents a potential breakthrough but also holds the promise of propelling XRP toward the coveted $0.75 threshold.

Yet, amidst diminishing trade volumes and technical intricacies, the path forward for XRP remains uncertain. A careful analysis of market charts reveals a concerning trend: a decline in trading activity, suggesting a potential slowdown in market momentum. Adding to the complexity is the looming possibility of a death cross, a technical pattern where the 100-day Exponential Moving Average (EMA) falls below the 200-day EMA, often signaling bearish sentiment.

Furthermore, the Relative Strength Index (RSI) currently sits below the 50 mark, indicating a leaning towards bearish sentiment among traders. While not definitive, this development underscores the need for caution in interpreting XRP’s market movements.

At the heart of this challenge lies the $0.51 support level, a historically resilient barrier that has provided stability to XRP during times of uncertainty. However, looming ahead is the formidable $0.59 resistance, a significant obstacle that has thwarted previous attempts at upward momentum.

Should XRP manage to overcome this barrier, it could open the door for a potential rally towards $0.75, a prospect that investors and enthusiasts eagerly anticipate. Conversely, failure to breach this resistance could expose XRP to downward pressure, with the $0.45 support level emerging as the next crucial battleground.

Read also:

XRP Eyes $1 Bullish Rally: Breaking Resistance Ahead?

Dogecoin’s Technical Signal Sparks Hope: Eyes Set on $0.088 Resistance

XRP Poised for Explosive Rally as Bulls Eye Crucial Resistance

XRP Breaks Major Resistance: Bullish Rally on the Horizon?

Cardano Eyes $0.56 Resistance Following Recent Bounce Back

The post XRP Eyes $0.75: Will Surpassing $0.59 Resistance Spark Bullish Surge? appeared first on Crypto News Land.

Robinhood Wallet integrates cross-chain swaps via Polygon, enhancing its global cryptocurrency trading services.

Polygon’s rise in NFT transactions and stablecoin activity signifies its growing influence in crypto.

Collaboration between Robinhood and Polygon reflects a trend towards greater blockchain interoperability and efficiency.

Robinhood Wallet has announced its latest update, incorporating cross-chain swap capabilities through the Polygon network. This development significantly enhances Robinhood’s multi-blockchain trading platform and improves its global service offerings to cryptocurrency traders.

The functionality was introduced following collaborations with the 0x Project and LI.FI. protocols. It enables users to perform swaps across various tokens supported by these infrastructures. This move is designed to streamline trading processes and increase efficiency for users within the Robinhood ecosystem.

Robinhood Wallet has enabled crosschain swaps on Polygon PoS for tokens supported by @0xProject and @lifiprotocol. enabling onchain access to over 23 million users on @RobinhoodApp pic.twitter.com/JbUGxUdiVT

— Polygon | Aggregated (@0xPolygon) April 26, 2024

Polygon’s Rising Influence in the Crypto Space

Polygon’s partnership with Robinhood underscores its growing influence in cryptocurrency, particularly in handling stablecoins and non-fungible tokens (NFTs). Over the past month, Polygon has emerged as the leading Ethereum Virtual Machine-compatible blockchain for NFT transactions. This is attributed to its enhanced transaction efficiency and lower cost than other blockchains.

Furthermore, recent data highlights Polygon’s surge in stablecoin activity, with 1.9 million on-chain stablecoin users recorded last month. This figure notably surpasses its main competitors, Ethereum and Arbitrum, each of which reported 1.4 million users.

These developments for Robinhood and Polygon indicate their adaptive strategies and commitment to fostering a more interconnected and efficient blockchain ecosystem. As the digital asset landscape continues to evolve, such innovations are pivotal in shaping the future of cryptocurrency trading and blockchain technology utilisation.

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Rumored XRP Listing on Robinhood: What It Could Mean for Crypto Investors

The post Robinhood Integrates Cross-Chain Swaps with Polygon Network appeared first on Crypto News Land.

WisdomTree’s Physical Bitcoin ETP, WBIT, holds 8,900 BTC across 134 wallets and is valued at approximately $579 million.

WBIT offers direct exposure to Bitcoin, backed by physically held assets, enhancing transparency and investor accessibility.

Arkham Intel’s findings underline the increasing complexity and popularity of cryptocurrency investment products.

Arkham Intel has identified a series of wallets associated with WisdomTree’s Physical Bitcoin ETP, known as WBIT. According to their findings on the social media platform X, WBIT holds a substantial 8,900 BTC. These assets, spread across 134 wallets, are valued at approximately $579 million.

Wisdomtree’s $579M BTC ETP is now on ArkhamWisdomtree’s Physical Bitcoin ETP WBIT stores 8.9K BTC ($579.35M) across 134 separate addresses – now tagged on Arkham.Track Bitcoin in WBIT at the link below:https://t.co/SAL1RDpNHx pic.twitter.com/ARVzDXLm9x

— Arkham (@ArkhamIntel) April 26, 2024

Investment Structure and Market Impact

The design of WisdomTree Physical Bitcoin involves a physically backed exchange-traded product (ETP) aimed at providing investors with straightforward, secure, and cost-efficient access to Bitcoin. Unlike a spot Bitcoin ETF, which might use derivatives to mimic Bitcoin’s price movements, WBIT entitles its shareholders to a direct stake in the Bitcoin it holds. This approach ensures that the product is fully backed by actual Bitcoin, and securely stored in cold storage.

Moreover, this structure emphasizes transparency and easy accessibility for investors, aligning with market demands for clear, institutional-quality custody solutions. Additionally, the market reacted to the news of this asset management strategy, showcasing the robustness and appeal of physically-backed Bitcoin investment vehicles.

WisdomTree also manages a spot Bitcoin ETF, WBTC, sanctioned earlier this year. Trading data from The Block’s Data Dashboard shows that WBTC experienced significant trading volumes, reaching $31.6 million on April 24 and $10.6 million the following day. 

The discovery by Arkham Intel highlights the growing sophistication and expansion of cryptocurrency financial products. As these investment vehicles evolve, they continue to attract both seasoned and novice investors, drawn by the promise of secure, transparent, and efficient market participation.

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The post Arkham Intel Identifies Wallets for WisdomTree’s Bitcoin ETP appeared first on Crypto News Land.

Franklin Templeton’s launch of its Ethereum ETF, EZET, highlights increasing interest in cryptocurrency investment products.

The ETF’s registration on the DTCC streamlines share creation and redemption, which is crucial for maintaining market price alignment.

The SEC’s ongoing regulatory review affects the approval timeline for the ETF, with a decision deadline extended to June 11.

Franklin Templeton, a major asset management firm, has introduced its Ethereum exchange-traded fund (ETF), representing a notable advancement in cryptocurrency investment offerings. Codenamed EZET, the “Franklin Ethereum TR Ethereum ETF” has been registered on the Depository Trust and Clearing Corporation (DTCC) website, a central hub for processing securities transactions in the United States.

The DTCC listing facilitates the creation and redemption of ETF shares, a mechanism vital for maintaining the ETF’s market price alignment with its net asset value. This capability is essential for investor confidence and ensures the fund adapts efficiently to market demand.

BREAKING FRANKLIN TEMPLETON ETHEREUM SPOT ETF HAS BEEN ADDED ON DTCC ETF LISTTHE DEADLINE FOR ETH ETF APPROVAL IS IN MAY SOMETHING SIMILAR HAPPENED WITH BLACKROCK BITCOIN ETF TOO BEFORE IT GOT APPROVED pic.twitter.com/J0oZkNfnqv

— Ash Crypto (@Ashcryptoreal) April 27, 2024

Regulatory Review and Market Implications

While the ETF’s listing on the DTCC is a positive development, it does not imply approval from the U.S. Securities and Exchange Commission (SEC). The SEC has yet to approve Franklin Templeton’s S-1 filing for a spot Ether ETF, submitted on February 12. If approved, the ETF will be traded on the Chicago Board Options Exchange under “Franklin Ethereum ETF.”

The regulatory review process is ongoing, with the SEC recently postponing its decision. Initially set for a ruling, the SEC has extended the review period by 45 days, with a new decision deadline set for June 11. This extension allows the SEC additional time to consider the proposed rule change necessary for listing and trading the ETF on the Cboe BZX Exchange.

The introduction of the Franklin Ethereum TR Ethereum ETF positions Franklin Templeton alongside other financial heavyweights like BlackRock and Grayscale, which have also ventured into Ethereum-based funds. 

This move by Franklin Templeton underscores the growing interest in cryptocurrency investments and the evolving regulatory framework governing these assets. Investors and market watchers are keenly observing the SEC’s actions, as its decisions will likely influence the trajectory of cryptocurrency ETFs in the U.S. market.

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The post Franklin Templeton Introduces Ethereum ETF on DTCC appeared first on Crypto News Land.

Shardeum achieves unmatched scalability through dynamic state sharding while preserving decentralization.

Avalanche prioritizes flexibility and accessibility, offering a blend of speed, security, and affordability.

Kadena’s Chainweb architecture combines scalability and security, handling high transaction volumes with ease.

In the fast-evolving landscape of blockchain technology, Solana stands as a beacon of speed and efficiency. However, the realm of decentralized finance (DeFi) and blockchain innovation is vast, with several contenders vying for the spotlight. Here, we delve into the top five Solana blockchain alternatives that promise to redefine decentralization and reshape the future of finance.

Shardeum

Leveraging dynamic state sharding, Shardeum achieves unparalleled scalability without compromising decentralization. Its innovative architecture ensures atomic composability across shards, setting it apart as a frontrunner in the race for efficiency and security.

Avalanche

Introduced with a vision of excelling in speed, flexibility, and affordability, Avalanche has rapidly gained prominence since its inception. With AVAX at its core, Avalanche prioritizes accessibility while maintaining robust security measures, offering a comprehensive solution for blockchain enthusiasts.

Kadena

Founded by industry veterans involved in pioneering blockchain solutions, Kadena brings forth a novel approach to scalability and security. Its Chainweb architecture, coupled with a unique Proof of Work (PoW) consensus, enables seamless handling of high transaction volumes, heralding a new era of blockchain innovation.

Near Protocol

Positioned as a developer-friendly blockchain network, Near Protocol boasts superior speed and cost efficiency compared to its counterparts. With a projected capacity of up to 100,000 transactions per second, Near Protocol emerges as a formidable competitor, poised to redefine transaction processing standards.

Injective Protocol

Operating at the forefront of interoperability, Injective Protocol bridges the gap between diverse blockchain networks. Through its decentralized ERC-20 token bridge and robust smart contract platform, Injective Protocol empowers DeFi participants with seamless access to a myriad of functionalities.

As the blockchain landscape continues to evolve, these five alternatives to Solana represent not just competitors but catalysts for innovation. With each platform offering unique strengths and capabilities, the future of decentralized finance is destined to be shaped by a diverse array of blockchain solutions.

 While Solana remains a formidable player in the field, the emergence of challengers like Shardeum, Avalanche, Kadena, Near Protocol, and Injective Protocol underscores the dynamic nature of blockchain technology. With each platform pushing the boundaries of scalability, security, and accessibility, the future holds immense promise for decentralized finance and blockchain innovation alike.

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The post Top 5 Solana Blockchain Alternatives Worth Considering appeared first on Crypto News Land.

Although Toncoin experienced a decline of 15.04% in the past week, it showed an increase of 81.58% over the month and 235.97% in six months.

Aptos exhibits erratic price movements, hovering between $6.03 and $13.79, with a 92.59% rise in six months.

Sei showcases a compelling six-month growth of 446.67%

In a landscape marked by anticipation, the crypto market braces for a resurgence, with industry analysts pinpointing five digital currencies primed to spearhead this revitalization. Delving deep into market dynamics and backed by meticulous research, Toncoin, Aptos, Sei, and Optimism emerge as the focal points of this transformative narrative.

Toncoin (TON)

Despite experiencing a decline of 15.04% over the past week, Toncoin experienced an incredible increase of 81.58% in a month. Toncoin stands tall as a beacon of potential in the crypto sphere. Its six-month trajectory, boasting a remarkable surge of 235.97%, underscores its significance in the market’s resurgence.

Aptos (APT)

Amidst the tumultuous waves of the crypto market, Aptos navigates with resilience and promise. Its value fluctuates within the range of $6.03 and $13.79, reflecting the dynamic nature of its journey. Despite this volatility, Aptos exhibits a substantial 92.59% rise over a six-month period, hinting at its inherent strength and potential.

Sei (SEI)

Embarking on a journey defined by fluctuations, Sei’s trajectory is a testament to the nuanced dynamics of the crypto market. Despite recent declineSei showcases a compelling six-month growth of 446.67%s, , underscoring its resilience and potential for resurgence. As indicators hint at growth potential and caution, Sei stands poised at the precipice of possibility, awaiting the next chapter in its narrative.

Optimism (OP)

In the realm of Optimism, volatility intertwines with opportunity, shaping a narrative defined by resilience and growth. Despite recent declines, Optimism charts a formidable trajectory, with a six-month surge of nearly 100%. Trading between $1.64 and $3.22, Optimism embodies the essence of possibility, with future price movements poised to unveil new chapters in its journey.

As the crypto market prepares for a resurgence, the collective gaze turns towards Toncoin, Aptos, Sei, and Optimism, each embodying the spirit of innovation, resilience, and potential. With market dynamics poised on the brink of transformation, these five altcoins stand as testaments to the evolving landscape of finance, beckoning investors to unlock the future of crypto with anticipation and resolve.

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The post Unlocking the Future: Top Altcoins Leading Crypto’s Resurgence appeared first on Crypto News Land.

One wouldn’t come to be able to comprehend such potential. Making BEFE Coin the talk of such an unreliable market, according to experts, this coin is preparing to reach its milestone value of $0.01 in the blink of an eye. That would be quite a thing and an announcement of its growth in stability and appeal. There is a great deal of anticipation in the crypto community.

BEFE’s Fundamentals

Emergent meme coin BEFE has indicated some promising activity in the market, trading at $0.0001447 per coin, and has increased by 9.4% for the last 24 hours. However, the price of BEFE did show some resilience over the past seven days, with prices increasing in value by 1.2% in the process on the back of a fluctuating market. This was in sharp contrast to the general bearish trend on the cryptocurrency market; 3.00% decline and signal performance matching on the part of other BNB Chain Ecosystem cryptocurrencies. BEFE reached an all-time high level of 0.001128 dollars four months ago—an amazing peak, but now trades 87.22% lower than that current level. This reflects a fully diluted valuation of $14,444,671, despite a recent market activity drop by 7.30%, as shown in the last 24 hours’ trading volume of $264,846. Users may get the token from decentralized exchanges like Pancakeswap V3 (BSC) and centralized exchanges. It is an online trader marketplace, including AscendEX (BitMax), with an active exchange pair of BEFE. The strong performance of assets associated with this coin and good trading volumes signal new interest building up in the memecoin space and possible further growth.

BEFE’s Performance: Technically Analysed

Volatility within BEFE’s performance over the past month has been marked by an opening price of $0.00048033 on March 28, 2024, and peaking at $0.00051537 by April 4. It has seen some activity, with a peak of $0.00049637 on March 31, where it realized a rise of 3.33% from the previous day’s close. Even BEFE’s daily trading volumes averaged out over the month were substantial at $497,063, showcasing trader growth in interest and market activity.

What will make BEFE different from other meme coins like DOGE, SHIB, or PEPE is its positioning with a unique brand and market presence, leveraging current trends in meme culture. Such positioning makes BEFE Memes Coin the most unique and relevant to trends among meme coin ecosystems. Besides, the trends of performances and trading volume both display good community participation and investor interest, which are two factors generally guiding resilience and potential longevity in meme cryptocurrencies.

Is BEFE the Ultimate Meme Crypto?

Investors must bear a relatively big warning when investing in BEFE. They need to treat the market cautiously and carry out extensive market research beforehand. However, given the high dynamics market and keeping up to date with BEFE’s development, BEFE remains a very promising project. Careful watch will let the investor be vetting market conditions before he makes decisions on investment. This, therefore, would help them exercise utmost caution to capitalize on opportunities and minimize undue risk probably.

The post Anticipating a Milestone: BEFE Coin’s $0.01 Ascent appeared first on Crypto News Land.

The sale of the “Epic” Satoshi marks a historic moment post-Bitcoin halving, fetching $2.13 million.

Satoshi’s rarity stems from being the first mined after Bitcoin’s fourth halving, adding to its value.

The surge in satoshi collecting reflects growing interest in unique digital assets and investment potential.

In a groundbreaking development that has reverberated throughout the cryptocurrency world, the highly anticipated sale of the “Epic” Satoshi after the recent Bitcoin halving has captivated investors and enthusiasts alike. This unprecedented event, which saw the successful auction of the iconic satoshi for a staggering $2.13 million, has underscored the burgeoning interest in rare digital assets and the remarkable evolution of the crypto market.

The “Epic” Satoshi, revered as the first satoshi mined following Bitcoin’s fourth halving, holds a unique position in the realm of cryptocurrency. Its rarity and historical significance, coupled with the scarcity inherent in Bitcoin’s blockchain protocol, have elevated it to the status of a coveted collector’s item. As the cornerstone of the Ordinals numbering system, which categorizes satoshis based on their rarity and significance in Bitcoin’s narrative, the “Epic” Satoshi embodies the essence of crypto lore.

JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 #BTC worth over $2.1 million pic.twitter.com/Sw1tHxWVyR

— Bitcoin Magazine (@BitcoinMagazine) April 25, 2024

The auction, held under the auspices of the ViaBTC mining pool and hosted on the CoinEx Global exchange platform, unfolded with palpable excitement and anticipation. Bidders from across the globe vied for the opportunity to claim ownership of this esteemed digital artifact, driving the bidding war to unprecedented heights. After a series of intense rounds of bidding, the “Epic” Satoshi found its rightful owner, fetching an astonishing 33.3 BTC at the time of sale.

Beyond the realm of financial transactions, the sale of the “Epic” Satoshi represents a watershed moment in the crypto community—a testament to the growing recognition, media attention, and widespread acceptance of Bitcoin and its foundational principles. It underscores the enduring allure of digital assets as a store of value and a vehicle for investment, as well as the ever-expanding boundaries of blockchain innovation.

Moreover, the sale of the “Epic” Satoshi shines a spotlight on the burgeoning trend of satoshi collecting—a phenomenon fueled by the inherent scarcity and unique identifiers of these digital artifacts. As collectors and enthusiasts clamor to acquire rare satoshis like never before, the market for these coveted assets continues to soar, driven by a potent combination of scarcity, historical significance, and speculative fervor.

The auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC (≈$2,134,000). This auction isn't just a bidding event; it marked the community recognition, media attention, & widespread embrace of #Bitcoin. A heartfelt thanks to all who support us. pic.twitter.com/fCFz1YrH0I

— CoinEx Global (@coinexcom) April 25, 2024

Looking ahead, the future of the “Epic” Satoshi in the crypto industry appears bright and promising. As a symbol of Bitcoin’s genesis and evolution, it embodies the pioneering spirit of Satoshi Nakamoto and the transformative potential of blockchain technology. Its continued prominence in the crypto narrative serves as a poignant reminder of the resilience and dynamism of the digital asset ecosystem, inspiring awe and fascination among enthusiasts and investors alike.

In conclusion, the sale of the “Epic” Satoshi stands as a testament to the enduring allure of cryptocurrency and the boundless possibilities of blockchain technology. As the crypto landscape continues to evolve and mature, rare digital assets like the “Epic” Satoshi will undoubtedly play an integral role in shaping its future trajectory.

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The post “Epic” Satoshi After Bitcoin Halving Successfully Sold $2.13 Million appeared first on Crypto News Land.

This development of the crypto space is not just determined by different quality systems arising from assiduity. Bitgert is without an element of doubt one of the quality systems that have given investors provocation to anticipate a brilliant future loaded up with enormous returns. 

The cryptocurrency space is a mecca for openings. This is why numerous investors are keen on exercising the space to the fullest to induce wealth. With the movement displayed by Bitgert, it’s relatively clear that the price direction will be a positive bone. 

In the course of this composition, we will be checking out the propellers of the growth of Bitgert and the possibility of it doing over 2000% 

Scalability Of Bitgert, Propelling It To Giving Investors Huge Returns

The growth attained by Bitgert is made possible via the immolations to investors. Scalability is one crucial point of Bitgert that has given it the attention it needs from investors and is responsible for the surge experienced by it.Investors delicately seek to find a platform that can allow them to fluently carry out a variety of blockchain related conditioning without passing gratuitous detainments due to slow speed. 

This issue has been monstrously corrected by Bitgert, via the integration of PoA agreement that makes it attain a speed as high as 100k deals per second. This allows both inventors and other druggies to enjoy Bitgert features to the fullest and carry out all feathers of deals, without passing any form of disappointment. 

 By making things easy for investors, Bitgert has come to the notice of everyone across the industry and this has led to more involvement which is evident in the increasing trading volume and uptrend. With growth recorded due to improved scalability, there are huge possibilities Bitgert could hit 2000% in the long run

Aggressive Burning Policy Triggering Mind Blowing Uptrend

The programs integrated into the tokenomics of Bitgert are estimable and have played an important part in boosting the value. Bitgert has espoused an aggressive burning strategy and buyback, drastically attracting investors from all angles. 

There’s a 5% buyback duty on deals made, which is responsible for ultimately burning the Bitgert coin. By following this aggressive burning policy, the force is reduced, scarcity is created, and demand keeps adding , which results in a swell in value. 

This is one policy that is strictly implemented on Bitgert and the impact has been felt over the years with it hitting over 30000% uptrend since its inception and is looking to hit over 2000% in the next one year.

Conclusion 

Bitgert is really one that shouldn’t be missed out as it gives occasion to produce wealth with potentials to give investors awesome returns, still, exploration should be conducted by any investor. Know more on Bitgert through this website.

The post The Game-Changing Event That Might Propel Bitgert Coin Price +2000% appeared first on Crypto News Land.

Ravencoin (RVN) aims to leverage its Bitcoin code base, eyeing a price surge with MACD bullish signals.

Akash Network (AKT) mirrors Airbnb’s success, poised for growth fueled by Upbit listing and bullish patterns.

Theta Network (THETA) targets video streaming dominance, poised for an uptrend despite recent price fluctuations.

In the ever-changing landscape of cryptocurrency, May 2024 holds promises of significant gains for savvy investors. Here’s an in-depth exploration of three altcoins set to dominate the market:

1. Ravencoin (RVN)

Leveraging its foundation on the Bitcoin code base, Ravencoin emerges as a formidable contender for May 2024. RVN’s innovative approach to incentivizing a network of computers for asset creation has garnered attention. Currently targeting a rebound from $0.028, Ravencoin exhibits bullish signs with MACD (Moving Average Convergence Divergence) indicating momentum. The potential to establish support at the 23.6% Fibonacci retracement level could propel RVN towards breaking the 38.2% and 50% Fib lines, marking a significant uptrend.

2. Akash Network (AKT)

Often likened to the Airbnb of cloud services, AKT witnessed a remarkable 74% surge, fueled by its recent listing on Upbit. This decentralized marketplace for cloud services offers users a cost-effective alternative to traditional providers like Amazon Web Services (AWS). Despite retracements, AKT remains poised for growth, currently trading just below the 50% Fibonacci retracement level. A breakthrough above this line could pave the way for AKT to surpass the 61.8% Fib and establish a robust support floor, signaling a bullish trajectory towards $5.50 and beyond.

3. Theta Network (THETA)

Designed to revolutionize decentralized video delivery, THETA addresses the shortcomings of traditional streaming services. Although THETA experienced price declines in recent months, dropping from $3.4 to $1.9, indications of an uptrend are evident. The MACD signals bullish potential, suggesting a reversal of bearish trends. With the possibility of breaking the upper trendline and establishing $3 as a support level, THETA could embark on a bullish journey, challenging its previous highs.

As the crypto market braces for May 2024, these altcoins present lucrative opportunities for investors seeking substantial returns. By staying informed and conducting thorough research, investors can capitalize on the potential of RVN, AKT, and THETA to navigate the volatile yet rewarding landscape of cryptocurrency. Seize the moment, and let these altcoins pave the way for your financial success in May 2024 and beyond.

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The post The Crypto Fortune: 3 Altcoins Poised for May 2024 Surge appeared first on Crypto News Land.

BNY Mellon’s investment in Bitcoin ETFs signals traditional finance’s increasing acceptance of cryptocurrency.

US SEC approval of 11 spot Bitcoin ETFs sparked market growth, with Bitcoin hitting $73,737.

Hong Kong’s approval of Bitcoin and Ethereum ETFs indicates a global trend toward integrating crypto into traditional finance.

BNY Mellon, the oldest and largest custodian bank in the United States, has announced its investments in Bitcoin ETFs, a major endorsement of cryptocurrency from a traditional financial institution. In a recent SEC filing, the bank disclosed its holdings in ETFs offered by BlackRock and Grayscale. This development reflects BNY Mellon’s strategic approach to integrating digital assets into its portfolio, recognizing the growing institutional interest in this emerging asset class.

BREAKING AMERICA'S OLDEST BANK BNY MELLON WITH $45 TRILLION AUM NOW OWN SHARES IN MULTIPLE BITCOIN ETFs. INSTITUTIONAL FOMO IS HERE pic.twitter.com/JbDSBALth8

— Ash Crypto (@Ashcryptoreal) April 26, 2024

Global Momentum in Bitcoin ETFs

The approval of 11 spot Bitcoin ETFs by the US Securities and Exchange Commission in January marked a milestone, catalyzing a new all-time high for Bitcoin at $73,737 in March. This regulatory advancement has fulfilled a long-standing demand from American investors and intensified the global focus on similar financial products. 

Additionally, Hong Kong has stepped into the spotlight with its recent approval of Bitcoin and Ethereum ETFs, setting the stage for these products to begin trading on April 30, 2024. These developments suggest a strengthening bridge between traditional finance and cryptocurrency markets, potentially paving the way for further escalations in market activity.

The anticipation surrounding the new ETFs in Hong Kong and the potential approval of a spot ETH ETF in the US could trigger another surge in market dynamics. Ethereum remains below its peak, but introducing an approved ETF could revitalize investor interest. 

According to projections by CoinCodex, Bitcoin could reach as high as $85,195 by late May, representing a 32.6% increase from its current levels. This forecast underscores the bullish sentiment saturating the market, uplifted by recent approvals and expanded accessibility through trusted financial platforms like BNY Mellon.

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BlackRock Cuts 600 Jobs, Shifts Focus from ESG to Bitcoin ETF

The post BNY Mellon Reveals Holdings in BlackRock, Grayscale Bitcoin ETFs appeared first on Crypto News Land.

Kaduna predicts a crypto market pump based on prevailing boredom among traders.

Egrag Crypto announces XRP/BTC bull run initiation at specific threshold.

XRP community anticipates significant price surge, awaits potential all-time high.

Renowned crypto enthusiast Kaduna has sparked speculation in the crypto community with his recent observation. Kaduna suggests that the prevailing sense of boredom among traders could signal an unexpected pump on the horizon. His statement has prompted widespread interest and anticipation among investors.

Everyone is bored to death, that could mean…

— Kaduna (@CryptoKaduna) April 26, 2024

While Kaduna’s insight has caught the attention of many, top crypto market analysts are diligently monitoring both bitcoin and altcoin charts for any significant movements. Among them, Egrag Crypto, a popular figure in the crypto space, has made a noteworthy announcement regarding the XRP/BTC pair.

In an official bull run announcement on Twitter, Egrag Crypto declared that the long-awaited bull run would commence once the XRP/BTC pair reaches a specific point. The announcement has generated excitement within the XRP community, also known as the XRP Army, who have eagerly awaited a surge in their favored asset’s value.

#XRP / #BTC Official #Bullrun Announcement :Since February 22nd, I've been highlighting that the official #Bullrun will kick in once #XRP / #BTC touches a specific point. For better clarity, check out my post here: https://t.co/hyXqWEMStiShilling Vibes: The #XRP / #BTC… pic.twitter.com/1vqmMuRTO3

— EGRAG CRYPTO (@egragcrypto) April 27, 2024

Egrag Crypto’s analysis points to key resistance levels, with the first major resistance identified at 0.00001667 and the Valhalla Gateway at 0.00002700. These levels serve as indicators for potential price movements, further fueling anticipation among investors.

The XRP Army remains steadfast in their belief that XRP is on the verge of a significant breakthrough, potentially leading to a new all-time high. As speculation mounts and anticipation builds, time will soon reveal the outcome of these predictions, leaving investors eagerly awaiting the market’s next move.

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The post Crypto Enthusiast Kaduna Predicts Impending Pump in Crypto Market, Will XRP Take the Lead? appeared first on Crypto News Land.