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The crypto currency market, renowned for its volatility and high-stakes nature, has always held a particular fascination with altcoin s. These assets, emerging in the shadow of Bitcoin [BTC], have offered the allure of massive returns. Bitcoin, for instance, has seen a slight drop and was trading at $65,700. However, recent market trends indicate that the era of extraordinary altcoin gains might be drawing to a close. Waning Altcoin Prospects Altcoins are increasingly perceived as high-risk investments with declining chances for significant returns. Markus Thielen, head of research at 10xResearch, captures a widespread view among crypto analysts. He said, “While tactical opportunities exist, the era of 100x returns may well be behind us.” This skepticism about the current dynamics of the altcoin market is widely shared within the community. Thielen points out that the expected altcoin bull market has not significantly materialized. The lack of substantial retail en

Chainlink (LINK) has witnessed its market capitalization surge by 14% in just 8 hours. LINK also appears to be decoupling from the altcoin pack and potentially setting the stage for a significant weekend rally. Whale Accumulation and Social Dominance According to a recent tweet by Santiment, a leading cryptocurrency analytics platform, the number of Chain LINK whales holding 100,000 or more LINK tokens has risen by 4.6% in just 5 weeks. This increase in whale accumulation is a positive sign for the cryptocurrency, as it suggests that large investors are confident in LINK ’s long-term prospects and are actively acquiring more tokens. #Chainlink's market cap has shot up +14% in the past 8 hours, decoupling from the #altcoin pack. There are now 564 100K+ $LINK whales, a +4.6% rise in just 5 weeks. If social dominance calms and #FOMO doesn't take over, #bullish conditions are ahead. https://t.co/UQcQvD2jzk pic.twitter.com/SK1y43XxJv — Santiment (@santimentfeed)

Dogecoin has gained significant popularity as a meme coin, serving as an inspiration for a multitude of other animal-themed cryptocurrencies. These meme coins, as their name implies, were initially created as a lighthearted joke. However, they have experienced a remarkable surge in popularity in recent times. In an attempt to participate in the meme coin frenzy, many users have shown interest in joining this growing trend. Dogecoin played a pivotal role in initiating the meme coin craze and subsequently inspired the development of various coins that aim to emulate its success. With numerous users getting their hands on Dogecoin, a question arises about how high DOGE can go this weekend. With the whole market trading in green and DOGE reclaiming the $0.15 level, here is our price prediction for this weekend. Source: Watcher.Guru Can DOGE hit $0.2 this weekend? Various factors, such as market conditions, price action, developments, supply, and use cases, will determine

The CEO of Humanity Protocol , a reported $1 billion ‘ Worldcoin rival’ that’s raised $30 million, almost bankrupted his $1.5 billion smartphone firm, burning through $170 million in investor funds. Terence Kwok founded Hong Kong-based Tink Labs in 2012. The Unicorn company raised millions in funding to provide hotels with smartphones for guests to use during their stay.  His goal was to give guests an alternative to roaming charges, improve their hotel experience, and sell gathered data on customer preferences. However, the Financial Times (FT) reports that his firm began to operate at a loss of £9.06 million in 2017. This was reportedly due to multiple factors, including his policy of aggressive expansion, roaming charges becoming cheaper and more accessible, and hotels not wanting to pay for the phones he had given out. Terence Kwok’s Tink Labs liquidated  According to a former employee, Tink Labs investor SoftBank forced it to abruptly stop a major project over concerns the

Anton Peraire-Bueno and James Peraire-Bueno, two brothers who operate Ethereum validators, have been indicted in the Southern District of New York on charges of wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. The charges related to a scheme that has been described as exploiting the ‘very integrity of the Ethereum Blockchain to fraudulently obtain approximately $25 million.’ The brothers allegedly worked together on a complex exploit that allowed them to take advantage of traders searching for ‘maximum extractable value’ (MEV) on Ethereum.  By operating multiple Ethereum validators, the brothers were allegedly able to submit blocks that included exploited transactions . Allegedly, once the brothers were aware that their validators would soon have opportunities to submit blocks, they would create ‘bait’ transactions that seemed to have significant upside for the MEV traders and wait for those traders to attempt to ‘sandwich’ their trades. The

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might be a bit challenging as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.  Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Mega Dice.

Subquery partners with Energy Web to bring fast and reliable Data Indexing. SubQuery proudly declares its support for Energy Web, an open-source platform dedicated to advancing the decarbonization of the energy industry. The SubQuery Network now backs Energy Web’s EVM, Polkadot parachain – EWC (EVM), and EWX (Parachain). SubQuery’s indexing Features empower Energy Web developers to effectively handle and search on-chain data, speeding up development processes and aiding quick prototyping, ultimately supporting the goal of bringing new users onboard to the Energy Web stack. Developers working on Energy Web can utilize SubQuery’s flexible, fast, open, and decentralized data indexing solution. This provides developers with essential resources to effectively handle and retrieve on-chain data for various applications. SubQuery streamlines complex backend operations by offering developers a customized API. This allows them to concentrate on enhancing product development and user experiences

With the BRICS bloc embracing de-dollarization and encouraging a global economic shift, one notable billionaire has made a major US bank failure prediction. Indeed, real estate investment mogul and CEO of $115 billion Starwood Capital, Barry Sternlicht, has urged preparation for widespread failures in the coming year. Speaking to CNBC, Sternlicht predicted that the United States would witness one bank failure every week. Specifically, he stated that the more than 4,000 regional and community banks in the country would be at risk due to high interest rates and inflation. All the while, the US debt crisis is nearing, with the greenback facing lessening prevalence internationally. Source: The Hill / Mariam Zuhaib, File Also Read: BRICS : Russia Makes Massive Oil Discovery Billionaire Predicts Major US Bank Failures in 2024 Over the last several years, the increasing relevance of the BRICS alliance has been a massive geopolitical development. It has seen the global sout

Tether has recently challenged comments made by Ripple CEO Brad Garlinhouse regarding the US government” going after” USDT. Indeed, during an appearance on The World Class podcast, Garlingohuse said, “The US government is going after Tehter, that is clear to me.” Thereafter, Tether CEO Paolo Ardoino took to X (formerly Twitter) to challenge those remarks. Specifically, Ardoino alleged that Garlinhouse was perpetuating “fear about USDT” with ulterior motives. He made note of Ripple ’s impending Stableoin offering, which is set to compete with USDT when it launches this July. Source: Bloomberg Also Read: Ripple Analyst Says XRP Closing Above This Level Is Bullish: Can It Hit $1 In May? Tether CEO Defends USDT From Ripple CEO FUD Over the last several years, the didgitla asset market has been forced to contend with unclear regulation by the US Securities and Exchange Commission (SEC). The agency’s regulation-by-enforcement approach has led to a plethora of lawsuits, with

Meme coins are witnessing increased adoption as investors are starting to see their potential. With Tesla now accepting Dogecoin as a means of purchase, they are set to see more adoption in the future. Also, as digital assets, in general, continue to gain traction, the crypto space is seeing an influx of new investors.  Similarly, new meme tokens and presales are entering the cryptocurrency market. While some of the tokens offer potential market upsides, selecting the best asset worthy of portfolio addition poses a challenge. To ease this hurdle, we curated a list of some of the best meme coins for investors to consider.   Best Meme Coins to Buy Now MongCoin has developed a strategic partnership with DOE, an NFT platform. This collaboration has led to the development of a new game, DOE Rangers, on the MongCoin platform. Meanwhile, Sponge V2 has continued to post impressive performances and attract investors’ interest. In other news, even though crypto prices are in the red zone,

The leading cryptocurrency, Bitcoin (BTC), has been trading between $60,000 and $72,000 for over two months. Now, bullish indicators suggest BTC could revisit the range’s top after more than a month of trading at its support. Notably, Bitcoin entered the current range on February 28 in a remarkable bull rally before reaching its previous all-time high. As developed, BTC made new highs at $73,805 in the first deviation from the range in mid-March. Later, another deviation happened on May 1—this time, downwards. The maiden cryptocurrency briefly lost momentum in early April and started a downtrend that ended with the mentioned deviation. Since then, BTC has traded below its 30-day exponential moving average (30-EMA), and Bitcoin short-sellers have dominated a bearish market. Picks for you $44 billion company’s CEO makes a stand for Bitcoin in letter to shareholders 21 mins ago Shark Tank's Mark Cuban slams SEC: 'Trying to destroy crypto' 1 hour ago M

Solana, one of the leading crypto coins ruling the space at the moment, is back on track. The token is gaining considerable market momentum again after dropping to $143 last week. The bullish onset of the market, coupled with the thriving network activity, has borne fruit for SOL, helping the token trade at $151. Per several analytical platforms, Solana may yet again deliver a stellar price rise this week, which may assist the token in ascending to new price highs.  Also Read: Solana: Here’s When SOL Can Reclaim Its All-time High of $250 Solana Weekend Price Prediction  Source: analyticsinsight.net According to CoinCodex, Solana may note a modest price surge this week, adding 0.85% valuation to its price. The token may be exchanged at $153.42 or $153.78 by May 13. Similarly, SOL could gain a shy uptick of 0.94% by May 17.  BREAKING: $SOL RECLAIMS $150 pic.twitter.com/lrMuyd5nu0 — DEGEN NEWS ️ (@DegenerateNews) May 9, 2024 “The Solana price forecast for the next