Shiba Inu Whales Sweep Up 33.4 Billion SHIB Tokens During Dip

53 mins ago | 2 mins read Altcoin News Whales accumulate over 33.4 billion Shiba Inu. The accumulation happened when the price dipped for a short span of time. 1/3rd of the transaction involved the mo...

Stacks, Rocket Pool Surge in Price as SUI Stumbles in Debut

Following the launch of Sui this morning, the blockchain’s native token is down by over 40%—making it one of the worst-performing cryptocurrencies in the past day. The highly-anticipated, layer-...

Operation SpecTor Results in Another Halted Dark Market and 288 Arrested Individuals

Europol announced on May 3 the conclusion of Operation SpecTor, which spans through multiple jurisdictions and recently brought down Monopoly Market, another dark market that sprang up after previous ...

New Data Shows Why These Countries Are Crazy About SHIB, PEPE, And DOGE

Meme coins may have zero utility, but this reality isn’t limiting demand, especially from fans in the United States, India, and the United Kingdom (UK), a study by CoinGecko on May 3 reveals. Riding T...

Robinhood returns to court to defend position in case brought by US state regulator

Lawyers representing cryptocurrency and stock trading app Robinhood faced off against those for the secretary of the commonwealth of Massachusetts over the legality of a state regulation that could af...

What Are Possible Uses of ChatGPT?

In brief ChatGPT is a revolutionary chatbot launched by OpenAI in November 2022. ChatGPT has quickly gained prominence, with Microsoft investing $10 billion in OpenAI and integrating the chatbot into ...

Ex-Celsius CEO Alex Mashinsky Fights Back Against NYAG

Alex Mashinsky, the former CEO of Celsius, has filed a motion to dismiss New York Attorney General’s complaint claiming the complaint made baseless conclusions. After Celsius’s collapse, the company a...

Digitalization won’t displace commercial bank money any time soon: Moody’s

Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps efficien...

Cryptominers to Pay for Costs They Impose on Society: US Govt.

The US sets an excise tax to make cryptomining firms pay for the costs they impose. The tax will be equal to the cost of electricity used in Bitcoin mining. It will be phased in at a rate of 10% each ...

Optimism (OP) Price Could Drop Below $2 Following DeFi Hack

Optimism (OP) price has hit a 25% decline as the bearish trend enters the third consecutive week. A deeper analysis of the underlying on-chain data suggests more tough times ahead for OP holders.  Opt...

Bullish FTM Price Rise Meets Resistance Amid Market Slowdown

Fantom (FTM) is under bullish control despite resistance at $0.4203. The Keltner Channel bands are moving linearly, indicating a period of market consolidation. The bullish momentum in FTM may fade as...

NEAR Foundation Partners with Shemaroo to Innovate Web3 in Indian Media

2 hours ago | 2 mins read Market News The NEAR Foundation is collaborating with Shemaroo Entertainment to enhance media. Shemaroo will develop new solutions and services for its users. NEAR Foundation...

Hype Fades, AI Tokens Lose Value Yet Again

AI tokens are dropping once again after a terrible week. Is all the hype about their potential coming to an end? SingularityNET (AGIX) and other AI tokens have taken another dive today following a poo...

PancakeSwap v3 completes one month- Assessing its performance

PancakeSwap v3’s number of transactions on Ethereum spiked on 1 May 2023.  CAKE’s RSI and stochastic were oversold, but a few indicators were bullish.  PancakeSwap [CAKE] recently completed one month ...

French Senate proposal would allow influencers to promote cryptocurrency

The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising an...

Users Anticipate Another Price Surge as PEPE Lists on BitMEX

PEPE lists on the BitMEX exchange on May 3, 2023. BitMEX users can trade PEPE via PEPEUSD and PEPEUSDT trading pairs. Investors project that PEPE’s listing on BitMEX could ignite another significant r...

Frax Share (FXS) Price Prediction 2023 – Will FXS Hit $18 Soon?

Bullish FXS price prediction for 2023 is $13.363 to $24.644. Frax Share (FXS) price might reach $30 soon. Bearish FXS price prediction for 2023 is $3.890. In Frax Share’s (FXS) price prediction 2023, ...

South Korean Publisher Neowiz Launches $10M Polygon Game Accelerator

This story comes from GG. Your Web3 Gaming Power-Up Discover GG South Korean game publisher Neowiz wants to fund the next generation of Web3 games on Ethereum scaling network Polygon through its crypt...

What’s Next for Solana (SOL) Price Trend in May?

The Solana (SOL) price is at risk of breaking down from an ascending support line that has been in place since the start of the year. Since the line has been in place for a long period of time, the br...

CoinShares Reports Second Consecutive Week Of Outflows

Join Our Telegram channel to stay up to date on breaking news coverage Digital asset investment products saw outflows for the second consecutive week as investors are feeling cautious about the market...

Sells SUI For $100 Million, Tokens Now Worth $1 Billion

According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for l...

Nifty Newsletter, April 26–May 2

In this week’s newsletter, read about Sotheby’s auction house launching a secondary nonfungible token (NFT) marketplace. Find out about the popular marketplace Blur introducing an NFT lending protocol...

Sparklo (SPRK) Could Overtake Cronos (CRO) As A Token With More Use Cases

The world of cryptocurrency is very dynamic, and always changing, with new coins and tokens entering the market. One such token that is gaining widespread popularity in recent times is Sparklo (SPRK)....

Sui Network’s Highly Anticipated Mainnet Goes Live Today

2 hours ago | 2 mins read Altcoin News Mysten Labs is made up of ex-Facebook developers that worked at Meta Labs. The network can reach a throughput rate of more over 300,000 transactions per second. ...

Ark Invest Bets on Coinbase Stock Despite Challenging Outlook

Ark Invest has been buying Coinbase stock for two consecutive days, with Cathie Wood’s company accumulating around $16 million worth in total. Wood is known for her investments in disruptive technolog...

Celsius Founder Alex Mashinsky Dismisses “Baseless” Allegations By NY AG

– Advertisement – Celsius founder Alex Mashinsky has filed a motion to dismiss the complaint filed by the Attorney General of New York. The lawsuit accused Mashinsky of misleading and defr...

Securities token platform launches MPC wallet for institutions

Securities token platform INX has launched a wallet with compliance features for institutions, according to a May 3 announcement. The new wallet was created in partnership with wallet infrastructure p...

Top 5 Altcoins That Could Rally Significantly in May 2023

Early signals show PEPE, RNDR, EGLD, VET, and STX could rally this month. Listing on top crypto exchanges is a significant indicator of the growth of altcoins. PEPE just listed on BitMEX, adding to th...

Blur Dethrones OpenSea in Trading Volume, DappRadar Data Reveals

2 hours ago | 2 mins read Market News DappRadar says Blur excels through innovation in comparison to OpenSea. Its trading volume has topped that of OpenSea for months. Even though the platform has few...

Binance Users Deposited Over $4B to Farm SUI Tokens Ahead of Mainnet Launch

Binance users flooded the exchange with over $4 billion to farm the highly-anticipated SUI token launch. The world’s largest exchange by trading volume added support for the SUI token through its Laun...

Polygon Price at Monthly Support Plots a Quick 12% Jump

Published 22 mins ago MATIC Price Prediction: Amid the recent sell-off in the crypto market, the MATIC price witnessed a significant downfall in the last two weeks and plunged back to local support of...

Mashinsky files motion to dismiss NY AG suit, says it ‘parrots misinformation’

Alex Mashinsky, co-founder and former CEO of bankrupt crypto lending platform Celsius Network, has filed a response to New York Attorney General Letitia James’ suit against him. According to the docum...