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Showing posts from May, 2024

New Cryptocurrency Releases, Listings, & Presales Today – IMPERIUM, pSTAKE Staked XPRT, Verida

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Coinbase targets crypto demand in Australia’s $600B self-pension market as digital assets see increased fanfare. Meanwhile, India’s financial regulator has suggested a multi-oversight approach to cryptocurrency trading. This move is part of a broader move by several countries to adopt digital assets into their daily financial dealings. Moreover, new cryptocurrency releases, listings, & presales are attracting investors’ interest in the market. Therefore, InsideBitcoins compiles a list of assets worth examining to ease the tedious search for these tokens. New Cryptocurrency Releases, Listings, and Presales Today 99Bitcoins has secured over $1 million in funding and plans to engage its community by distributing $99,999 worth of Bitcoin to its early supporters through an airdrop campaign. Meanwhile, IMPERIUM leverages blockchain for decentralized transactions, boasting improved security and transparency as it challenges traditional banking systems.  On the other hand, the Verida

PEPE Investor Turns $3K Into $46M Profit In A Month, Aided By GameStop Rally

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A crypto trader made over $46 million in profit in a month from a $3,000 investment in Pepe, helped by a meme coin rally that was sparked by the GameStop saga. The trader managed to achieve an astonishing 15,718-fold return. PEPE Sets A New ATH As GameStop Figure Resurfaces On-chain data shows the wallet bought 4.8 trillion PEPE on April 15, which is worth more than $50.9 million at current prices. The trader then sold 1.41 trillion PEPE for $7.4 million, and currently still holds 3.5 trillion PEPE. Earned more than $46M on $PEPE with only $3K, a gain of 15,718x!😱 This super big winner sold 255B $PEPE($2.3M) for profits again after the price of $PEPE increased. He spent only $3K to buy 4.9T $PEPE($56M currently) on Apr 15, 2023, and sold 1.41T $PEPE for $7.4M, with 3.5T… pic.twitter.com/VKGxmK9gCt — Lookonchain (@lookonchain) May 15, 2024 PEPE’s recent rally was boosted by the GameStop saga. Shares for GameStop (GME) surged this week after Keith Gill, the man widely credi

I am interested in identifying the most crypto-friendly bank in the UK

I am interested in identifying the most crypto-friendly bank in the UK. In my exploration, I analyze the top 10 banks in the UK and their respective positions on cryptocurrency. I delve into the benefits and drawbacks of utilizing a crypto-friendly bank, strategies for banks to enhance their crypto-friendliness, and the various methods through which banks can endorse cryptocurrency. Additionally, I seek to uncover banks that exhibit strong opposition to cryptocurrency and examine how the banking sector is adjusting to the increasing prevalence of digital assets. 1. NatWest I am a UK-based banking institution known as NatWest , offering a comprehensive array of banking services to our valued customers, underpinned by a dedication to cutting-edge digital solutions and exceptional www.2dots.com customer service. Originally established as the National Provincial Bank in 1833 , NatWest boasts a long-standing tradition of banking excellence within the UK. Throughout our history, w

Aura Finance Price Prediction: AURA Surges 12% As Traders Pivot To This AR/VR Crypto That’s Closing On $6M Raised

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The Aura Finance price soared 12% in the last 24 hours to trade at $0.7187 as of 03:19 a.m. EST on trading volume that skyrocketed 148% to $299K. Aura Finance Price Set For A Breakout Over The Consolidation Channel AURAUSD Chart Analysis Source: GeckoTerminal.com The Aura Finance price has been on a sustained price retrace since mid-March, as it dropped below the $1.0 resistance level, data from GeckoTerminals shows. However, $0.6042 provided the needed support for the bulls to push the price over to the resistance of around $0.71. The Aura Finance price, since mid-April, has been trading within the $0.71 and $0.6141 ranges, forming a consolidation channel as the bulls aim for a sustained breakout above. AURA trades gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the general bullish potential. Moreover, the Relative Strength Index (RSI) is trading to the north at 67, which shows that AURA is currently overbought. If the bullish stance

Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

Gamestop and a GME-inspired memecoin are rallying harder as hotter-than-expected inflation data boosts risk appetite in crypto and stocks. The producer price index (PPI), which measures what producers receive for their goods, increased 0.5% in April and was up 2.2% on a 12-month basis, according to the latest release from the Bureau of Labor Statistics (BLS). It was the biggest gain so far this year, and was higher than the forecasted 0.2%. Meanwhile, stock indices have pushed slightly higher as Wall Street digests the data, and Gamestop, the meme stock that exploded in 2021 causing hedge funds to lose large amounts of capital, is continuing its resurgence following the return of the movement’s leader, “Roaring Kitty.” GME opened the day over $64, up more than 142% from yesterday. It has since dropped down to $42, still 164% from where it finished last week. A memecoin on Solana (SOL), which also uses the GME ticker symbol, is currently up over 2266.13% in the

Ripple dumps 75% of May XRP reserves in a single sell-off

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Ripple, the largest XRP holder, sold 150 million tokens from this month’s sell- off reserves on May 13. The sale is worth $75 million, representing 0.25% of XRP’s $28 billion capitalization with the token at $0.50. On May 1, the company released 1 billion XRP from the initial distribution, locked in monthly escrows until 2027. Ripple then sent 200 million XRP to its treasury account and locked the remaining 800 million in new escrows. As usual, the selling activity resulted from the treasury account, labeled Ripple (1) , sending tokens to the unlabeled account rP4X2…sKxv3 . This action causes XRP supply inflation—by putting tokens that have never circulated before into circulation for the first time. Picks for you Who will be the first trillionaire? 45 mins ago We asked ChatGPT-4o what will be Gold price at the end of 2024; Here’s what it said 1 hour ago President Biden blocks Chinese-backed crypto miner near Wyoming nuclear site 1 hour ago CoinGate inte

BNB Stabilises Above $580 In Anticipation Of An Uptrend

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May 13, 2024 at 22:31 // News Author Coin Idol Binance (BNB) coin price is trading modestly due to its horizontal trend . Price Analysis by Coinidol.com. Long-term forecast for the BNB price: fluctuating Since May 5, the altcoin's price has been confined to a narrow band of $580 to $600. Over the past week, the formation of indecisive small-bodied candles has kept the BNB price above $590. Today, the altcoin is trading at $595.50 above its moving average lines. If the altcoin moves higher, it will break through the upper resistance of $635. On the other

Render Price Prediction: RNDR Slumps 4% As This World-First AR/VR Crypto Presale Charges Towards $6 Million

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The Render price has dropped 4% in the past 24 hours to trade for $10.84 as of 04:43 a.m. EST. But signs of a recovery are underway, accompanied by a 27% increase in trading volume. CoinGecko data shows that its peers in the AI sector are already rallying, among them Internet Computer (ICP), Arkham (ARKM), and Nosana (NOS). The surge seen in the AI crypto coin sector comes after Apple closed a deal with OpenAI to use the latter’s technology in its new iPhone, Bloomberg reports. Apple has closed in on an agreement with OpenAI to use the startup’s technology on the iPhone, part of a broader push to bring artificial intelligence Features to its devices https://t.co/2t2Jq0JtpO — Bloomberg (@business) May 13, 2024 The deal is part of a broader initiative to bring artificial intelligence Features to Apple devices. There will be more concrete announcements about what artificial intelligence will bring to the brand. Such announcements could come as soon as during the release of iOS 1

Weekly Cryptocurrency Market Analysis: Altcoins Continue To Fall While Cryptos Move Into A Bearish Zone

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May 12, 2024 at 14:57 // Price Author Coin Idol The alt coins listed here are the lowest performing coins that have fallen below the moving average lines. The implication is that while in the bearish trend zone, alt coins will continue to fall in price. Analysis of the worst performing alt coins of the previous week by Coinidol.com. Wormhole The price of Wormhole (W) is consolidating above the $0.64 support after the recent decline. In the previous price activity, the altcoin was in a vertical uptrend when it reached the high of $1.94. The crypto asset i

Ethereum Competitor NEAR Protocol Looks ‘Extremely Bullish,’ Says Analyst Jamie Coutts – Here Are His Targets

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Real Vision crypto analyst Jamie Coutts says that key indicators for one Ethereum (ETH) competitor are flashing bullish. The former Bloomberg analyst tells his 14,100 followers on the social media platform X that NEAR Protocol (NEAR) could soar more than 47% from its current value. “Absolute price momentum: has been consolidating since March. The technical pattern looks extremely bullish if it breaks this resistance around $7.60 which is where a cluster of volume has traded these past months. This is a high conviction set up if it breaks the pattern neckline, producing a target above $10.50 (+30%).” Source: Jamie Coutts/X Looking at his chart, the analyst suggests NEAR is printing an inverse head and shoulders pattern (I-HNS). An I-HNS is a bullish technical formation with the right shoulder suggesting bulls are willing to accumulate the asset without waiting for the price to drop to its previous low. The analyst also predicts that NEAR’s bullish trend against

‘This One Is Going To Be a Banger’: Low-Cap Altcoin Flashing Bullish Signal, According to Top Crypto Analyst

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A widely followed cryptocurrency analyst and trader is turning bullish on a decentralized wireless network project. The analyst pseudonymously known as Bluntz tells his 258,700 followers on the social media platform X that key indicators suggest Helium (HNT) is about to have a massive breakout. Bluntz uses the Elliott Wave theory in his Analysis , which attempts to forecast price movements based on crowd psychology that is manifested in waves. The Elliott Wave theory suggests that price impulses happen in five waves after three-wave “ABC” corrections. “Since original post we did a nice five wave rise from the lows and now a clear three wave ABC right into the 0.618 [Fibonacci retracement level] here with a strong reaction from it. This one is going to be a banger in my opinion, liking the structure a lot while $3.40 holds.” Source: Bluntz/X Helium is trading for $4.63 at time of writing, up slightly in the past 24 hours. Next up, the analyst thinks that Bitcoi