May 18, 2024

Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill

As we approach the end of May, crypto traders are eagerly awaiting a new week filled with a series of potentially impactful macro events. From Binance’s trial in Nigeria to the FIT21 bill’s voting, these events might have a significant impact on the crypto market. These Events Might Decide Market’s Next Move In recent days,...
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Hong Kong Police Arrest Crypto Exchange Shop Employees on Suspicion of Fraud

Hong Kong police have taken into custody three employees of a currency exchange shop who are suspected of engaging in fraudulent activities. This followed an incident where a customer at the shop reportedly encountered stacks of “hell money” before executing a cryptocurrency transfer worth approximately HK$1 million. Hong Kong Authorities Arrest 3 for Crypto Fraud...
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Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report

The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). According to a report from local media house Weixin, the Public Security Bureau of Chengdu Municipal arrested 193 suspects linked to the case and froze 149 million...
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Shiba Inu (SHIB) Set For Massive Gains, But Why RCO Finance (RCOF) Could Outperform

Shiba Inu (SHIB) has recently captivated investors’ attention with its meteoric rise and potential for substantial gains. However, amidst SHIB’s promising outlook, another contender in the crypto sphere, RCO Finance (RCOF), is quietly positioning itself as a potential outperformer.  Through its innovative platform, RCO Finance offers a revolutionary approach to investment.  Therefore, as investors brace...
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This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy: Report

Since 2021 when El Salvador began validating Bitcoin blocks with volcanic energy, the Central American country has mined 474 BTC worth approximately $29.6 million at current prices. According to a Reuters report, El Salvador mined the cryptocurrencies using a geothermal power plant fueled by the Tecapa volcano in the nation’s east central region. El Salvador...
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TON Outperforms Bitcoin by 118% in 2024, Setting Itself Apart from Other Layer 1s

TON has emerged as one of the top-performing Layer 1 blockchains in 2024, according to the latest analysis by CryptoQuant. Demonstrating a remarkable 118% outperformance over Bitcoin since the beginning of the year, TON has stood out in stark contrast to other popular Layer 1 chains, which have struggled to gain momentum. Among major blockchains,...
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5 Best New Crypto To Buy Now With Potential 30x Returns

With Bitcoin climbing to new highs in 2024, investors are looking for opportunities that can make them rich. The launch of hundreds of coins poses a dilemma: Choose one crypto and earn returns in the long term. Financial experts predict a bullish trend in 2024, which makes it an important investment consideration for investors. Crypto...
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7 Reasons Dogecoin (DOGE) Could Flip Ripple’s XRP in 2024

Dogecoin’s total market capitalization was $19.8 billion at the time of writing, with the hash work-powered meme currency trading at $0.145. Meanwhile, Ripple XRP price moved markets at $0.5 per token, and its market cap stood at $27 billion, according to data from CoinMarketCap. The Ripple lawsuit versus the US SEC could be over as...
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Here’s When the Current Bitcoin Bull Cycle Will End: CryptoQuant CEO

Bitcoin’s price performances for the past ten years or so have been dominated by bear and bull cycles. In general, the BTC halving is regarded as the catalyst for the start of the bull market, while the last two years ahead of each such event are dictated by the bears. Current Cycle However, this hasn’t...
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Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data

Over 80% of the newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the exchange, raising concerns for investors seeking out the latest cryptocurrencies. Most New Binance Token Listings Trading in Red...
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Bitcoin (BTC) $ 97,439.11 4.18%
Ethereum (ETH) $ 3,131.79 0.25%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 241.61 1.36%
BNB (BNB) $ 609.33 1.07%
XRP (XRP) $ 1.13 1.90%
Dogecoin (DOGE) $ 0.382437 2.66%
USDC (USDC) $ 0.999976 0.07%
Lido Staked Ether (STETH) $ 3,128.67 0.26%
Cardano (ADA) $ 0.776893 7.74%