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Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,850 support. Ethereum Price Dives Again Ethereum price struggled to gain pace for a move above the $3,250 level and started another decline, like Bitcoin. ETH traded below the $3,120 level. The bears even pushed the price below the $3,000 level. A low was formed at $2,916 and the price is now consolidating. There was a minor increase above the $3,000 level. The price tested the 23.6% Fib retracement level of the downward move from the $3,356 swing high to the $2,916 low. However, th

Solana’s hottest new pothead meme coin, Slothana ($SLOTH), has concluded an eye-watering $15 million presale with the announcement of an airdrop in less than 24 hours, on May 1, according to the project’s official X page.  🌿🚀 Hark, disciples of Slothana! 🌟 Our Lord Sloth shall grace us with the first coming of Slothana's liquidity on the first day of May at 4pm UTC. 🕓 Most loyal participants in the presale shall be blessed with their Slothana tokens starting from this auspicious hour. But… pic.twitter.com/4ZQmDpUZD1 — Slothana (@SlothanaCoin) April 29, 2024 Billed as “the first coming of Slothana’s liquidity on the first day of May at 4pm UTC,” the airdrop will mark the next step in the sloth token’s plan to dominate the canine-saturated meme coin sector.  The official announcement hints that participants (those that paid for the token during the presale) will be paid out, or “blessed” with their $SLOTH tokens “starting from this auspicious hour.” 

The 2024 Bitcoin (BTC) halving had many investors highly optimistic about how high the world’s premier cryptocurrency could go, but trading since the event brought a decisive shift in sentiment. Indeed, with BTC consistently remaining closer to $60,000 than $70,000 for prolonged periods, experts turned toward analyzing when and if the coin will collapse. In this climate, two prominent analysts – most active on X – arrived at much the same conclusion in rapid succession: Bitcoin may yet rise once again but cannot afford to fall below a crucial price . Picks for you Top 10 cryptocurrencies by development activity heading into May 30 mins ago Sell-off incoming? Ripple to unlock 1 billion XRP on May 1 1 hour ago US economist warns inflation threat is ‘gravely understated’ 2 hours ago Economist predicts crisis to make prior recessions look like ‘Sunday school picnic’ 3 hours ago price -to-surge-again">Bitcoin needs to stay above this price

As May approaches, investors and enthusiasts are eagerly watching to see if Polkadot (DOT) can breach the $10 mark and what the future holds for this promising project. Polkadot’s primary goal is to provide a foundation for a decentralized internet of blockchains, also known as Web3. By connecting and securing a network of specialized blockchains, Polkadot enables interoperability among different networks, allowing for the seamless transfer of not just tokens, but any data or asset types. Also read: Top 3 Meme Coins For 10X Gains To Include In Your Portfolio How high can Polkadot go in May? Source: cryptoslate Changelly analysts, who have been closely monitoring Polka DOT ’s price fluctuations since early 2023, predict that the average DOT rate will reach $10 this May. This prediction is based on a thorough Analysis of market trends, historical data, and the overall sentiment surrounding the project. However, it is important to note that the cryptocurrency market

The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively.  According to a CryptoQuant analyst, Bitcoin’s Adjusted Spent Output Profit Ratio (aSOPR) is still looking bullish, which could be a faint signal of the crypto’s price reversing into bullish momentum. Current State Of Bitcoin As it stands, the price of Bitcoin might be on the way to registering a new monthly low with the risks of more downside below $62,000. A recent Analysis during the weekend by Phi Deltalytics, an analyst at CryptoQuant, noted that Bitcoin’s price trajectory is showing indecisiveness in the short term. His Analysis is based upon the SOPR ratio, one of the lesser-known but highly useful metrics for analyzing Bitcoin.

Although Solana (SOL) has dropped below the crucial $150 support level, the decentralized finance (DeFi) project is witnessing bullish sentiment in the short term. Indeed, the $150 position has been viewed as crucial to help the cryptocurrency attain a new all-time high. Notably, despite benefiting from the overall market trajectory, Solana remains among the standout cryptocurrencies of the recent rally, having gained interest amid the surge in blockchain projects, particularly meme coins launched on the platform. Additionally, the crypto has maintained a bullish sentiment despite network issues such as congestion, which have since been resolved. Picks for you $15 billion -revenue payment provider reintroduces cryptocurrencies 2 hours ago Solana trader turns $49,000 into $2 million in 5 hours 4 hours ago 2 cryptocurrencies to reach $100 billion market cap in May 4 hours ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 5 hours ago

The non-fungible token projects spearheaded by Ethereum NFT projects continue showcasing strong market resilience after suffering a brutal, prolonged market downturn that left many NFT projects shielding more than 50% of their workforce. The NFT firm Azuki, which is now hunting more NFT builders, is a testament that NFT projects are slowly recovering. The Azuki NFT Firm Is Hiring More NFT Artists In An April 26 blog post, the Azuki team confirmed that they are looking for creative builders, NFT makers, and doers who would like to share their passion for Web3, art, and culture. The new job openings appear at a time when the Azuki NFT floor price has gone back above 4 ETH. JOIN TEAM AZUKI ⛩️https://t.co/HT5zxYZR0o We're looking for creative builders, makers, and doers who share our passion for web3, art, and culture. • 2D Animator • Director – Content • Creative Producer • Lead Writer • Visual Designer • Motion Graphics Designer •… pic.twitter.com/IsHBQ7H0aL — Azuki (@Azuki) A

Despite BTC’s recent unimpressive price action , crypto analyst Doctor Profit has shared his bullish sentiment for Bitcoin and the broader crypto market. The analyst further suggested that a parabolic move was imminent and that crypto investors should position themselves accordingly.  Crypto Market Preparing For A “Third Industrial Revolution” Doctor Profit mentioned in an X (formerly Twitter) post that the crypto market “is preparing itself for the third Industrial Revolution,” thereby hinting at a trend reversal for Bitcoin and altcoins soon enough. “Be part of it, or regret for [a] lifetime,” the crypto analyst added as he warned crypto investors of missing this market rally.   Related Reading: HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera In a previous X post , Doctor Profit gave an idea of

Ripple sold $52 million worth of 100 million XRP tokens from this month’s sell-off reserves on April 24. This dump marks the end of April’s tokens unlock, and the company prepares for May’s 1 billion XRP release. On April 1, Ripple released 1 billion of its tokens from the initial distribution, locked in monthly escrows until 2027. The company then sent 200 million XRP to its treasury account and locked the remaining 800 million in new escrows. Notably, Ripple sold the first half on April 14 amid geopolitical tensions with an escalation of the Iran-Israel conflict. This was the longest waiting period recently observed for Ripple’s monthly sell-offs, which concluded on April 24. Picks for you Bitcoin set for most aggressive price movement, targets $300k 30 mins ago Is a market turnaround near? Whale scoops up 4,380 BTC in a month 38 mins ago 3 cryptocurrencies under $1 to buy next week 40 mins ago This is how much Ted Cruz is up on his Bitcoin bet 2 ho

The “Buy Bitcoin” sign shown behind Janet Yellen at a congressional testimony in 2017 has sold for $1 Million at auction. The iconic sign sold for 16 BTC, or just over $1 million. JUST IN: Buy #Bitcoin sign shown behind Janet Yellen at a congressional testimony in 2017 sells for $1 Million at auction. pic.twitter.com/Go8W5Us1nL — Watcher.Guru (@WatcherGuru) April 24, 2024 Scarce.City, the auction house that finalized the deal, said it was a record amount for the auction platform. The auction was held at PubKey, a Bitcoin-themed bar in New York City. According to Pubkey, the “Buy Bitcoin” a man named Justin, who goes by the handle Squirrekkywrath online, now is the owner of the sign. Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp. The startup is owned by Christian Langalis, the original holder of the sign in that famous picture. Also Read: Shiba Inu: Robinhood Enables SHIB Trading In New York After holding up the sign during a

The Mumu the Bull price has soared 26% in the past 24 hours to trade for $0.00001545 as of 04:50 a.m. EST with trading volume plunging 13%. The token is an outlier, posting double-digit gains despite the broader market bleed, with the Bitcoin (BTC) price dropping by almost 5%. The whole market bleeding non-stop and #MUMU $MUMU rising, and about to break this trend line, I hope it doesn't happen to you like when you didn't buy $DOGE, $SHIBA, $PEPE, few more times you will have in front of your eyes a x1000. pic.twitter.com/5Q0Mvmkn7g — Lemon 🍋 (@TheCryptoLemon) April 25, 2024 With the surge, the MUMU token has merited a position on BiKing Exchange’s list of top five hot tokens, alongside BTC, ZEUS, PEPE, and BONK. Top 5 Hot Tokens on #BiKingex🐅 Hot tokens represent market trends.🔥 They are currently highly regarded assets,💰poised to lead the upcoming leaderboard🥇#BTC #MUMU #ZEUS #PEPE #BONK Check out the poster below to explore these tokens with tremendous potenti

Pepe is one of the most popular crypto-memo currencies of the season. The token has noted a steady surge this bull season due to its fluid community sentiment and approach. With Coinbase announcing Pepe perpetual futures, the token is poised to hit an all-time high, with its price threshold breaching the $0.0002 mark sooner than expected.  Also Read: Cryptocurrency: 3 Meme Tokens To Choose Over ADA For 10x Returns Price analysis of Pepe: When Can It Hit? $0.0002 The price of Pepe shot up to trade in green after the Coinbase announcement that stated that it would soon be launching Pepe perpetual futures on Coinbase. The development was dubbed a huge deal for a meme currency, catapulting the Pepe price to surge by 16%, trading at $0.000008025.  JUST IN: Coinbase launches $PEPE perpetual futures. — Watcher.Guru (@WatcherGuru) April 23, 2024 As per a notable crypto platform, CoinCodex, Pepe may spike by a staggering 267% by May 22 if it continues to leverage the curr

Ethereum (ETH) has completed a major software upgrade, Dencun, that promises to make utilizing the network ecosystem more cost-effective. This update specifically targets Layer 2 (L2) networks, such as Arbitrum (ARB), Polygon (MATIC), and Coinbase’s Base, which are interconnected with Ethereum.  With Dencun, transaction costs on these networks have significantly decreased, with fees dropping from dollars to cents or even fractions of a cent. Ethereum Dencun Upgrade And Cost Savings Considered the most significant change in Ethereum’s end-user experience, the Dencun upgrade is expected to foster the development of new applications and services by significantly reducing expenses.  As NewsBTC reported on Tuesday, the update introduces a new data storage system, departing from the traditional approach of storing Laye