In Brief Dogecoin’s price is attempting to close above $0.16, which is key in initiating a recovery rally to $0.20. The Open Interest has seen a nearly $200 million increase in 48 hours, with traders pining for a price rise. The meme coin is far from noting a market top since less than 84% of…
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In Brief Spot Ethereum ETFs face uncertain future in the US as SEC re-postpones decision. Asset manager Hightower discloses a significant investment in spot Bitcoin ETFs. Regulatory landscape remains a key factor in the trajectory of spot crypto ETFs. The United States Securities and Exchange Commission (SEC) has once again delayed its decision on highly-anticipated…
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Pulsr, an AI-powered search engine for NFTs, is launching a new token. The genesis of PULSR…
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In Brief Crypto whale invests $10.4 million in PEPE. The transaction includes 1.238 trillion PEPE. PEPE’s value has risen 29.70% last month. A remarkable transaction has shaken the cryptocurrency market as a crypto whale reportedly invested $10.4 million into meme coin PEPE. This substantial investment, unfolding amid a surge in market activity, has triggered intense…
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In Brief Daniel Yan focuses on AI, Solana, memes for May crypto trades. April crypto crash influenced by macroeconomic factors. Yan predicts stabilization, bullish on specific cryptocurrencies. Amid the turbulence that rocked cryptocurrency markets in April, Daniel Yan, the Chief Investment Officer of Kryptanium Capital, has a clear vision for May’s trading strategies. He focuses…
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In Brief A class-action lawsuit is filed against Coinbase over unregistered securities. Plaintiffs allege that Coinbase knowingly violated California securities laws. The lawsuit follows regulatory scrutiny and previous legal action from the SEC. A group of investors has filed a class-action lawsuit against Coinbase, the popular US-based cryptocurrency exchange. They allege that the company has…
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In Brief Shiba Inu’s price is stuck within a downtrend despite multiple fakeouts noted in the past two months. SHIB whales have been exhibiting skepticism since the beginning of March, which is evident in their selling. The meme coin is following Bitcoin’s footsteps and could potentially end up being a victim of corrections. Shiba Inu (SHIB) is…
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In Brief Polygon price is currently stuck in consolidation, heading towards the resistance level at $0.746. MATIC holders are exhibiting signs of potential accumulation, which has historically resulted in rallies. Only 33% of the Polygon native token’s supply is in profits, making it eligible for considerable gains. Polygon (MATIC) price awaits strong bullish cues that could propel the altcoin…
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In Brief Paolo Ardoino denies Bitfinex hack, citing data mismatch. Only 5,000 of 22,500 emails match Bitfinex accounts. The crypto exchange continues robust security review. Bitfinex CTO Paolo Ardoino has confidently dismissed claims of a security breach at the cryptocurrency exchange. Ardoino’s clarification comes after rumors circulated about a potential database leak involving 22,500 records of emails…
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In Brief Solana’s price is currently in a descending wedge, and investors are anticipating a breakout. Price indicators suggest SOL’s bullish momentum could persist over the next few trading sessions. The P/S ratio highlights that despite the growth in revenue, SOL is still highly undervalued. Solana’s (SOL) price is on the brink of breaking out of…
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