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  • Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    • Ether (ETH) at $2,770, up nearly 11% this month, outperforming Bitcoin’s (BTC) 5% rise.
    • ETH (45.2%) now overshadows BTC (38.1%) in trading volume on OKX’s perpetual futures market.
    • Despite BTC volatility, institutions are “buying the dips,” with long-term holder supply growing, per Glassnode.

    As Asian markets kicked off their Thursday trading, Ether (ETH) was changing hands at $2,770, having demonstrated robust performance throughout the month.

    This strength, particularly in derivatives markets where it’s reportedly overshadowing Bitcoin (BTC), signals a growing institutional appetite for Ethereum’s structural growth potential and its pivotal role in bridging decentralized finance (DeFi) with traditional finance (TradFi).

    Meanwhile, the broader crypto landscape is seeing a significant surge in stablecoin activity, with Tron emerging as a key beneficiary.

    Ether has notably outperformed Bitcoin this month, with CoinDesk market data showing an almost 11% rise for ETH compared to BTC’s 5% gain.

    This divergence is partly attributed to increasing institutional trading demand for Ethereum. Lennix Lai, Chief Commercial Officer at crypto exchange OKX, told CoinDesk in an interview that sophisticated investors are increasingly betting on ETH, a trend evident in its derivatives market activity.

    “Ethereum is overshadowing BTC on our perpetual futures market, with ETH accounting for 45.2% of trading volume over the past week. BTC, by comparison, sits at 38.1%,” Lai revealed.

    This finding aligns with similar trends observed on other major derivatives platforms like Deribit, as CoinDesk recently reported, suggesting a significant shift in how institutional players are allocating capital within the crypto space.

    This isn’t to say that institutional interest in Bitcoin has waned. A recent report from on-chain analytics firm Glassnode indicates that despite Bitcoin’s recent price volatility, institutions have been actively “buying the dips.”

    Glassnode’s analysis showed that long-term holders (LTHs) realized over $930 million in profits per day during recent BTC rallies, a distribution level rivaling those seen at previous market cycle peaks.

    Remarkably, instead of triggering a broader sell-off, the supply held by these LTHs actually grew.

    “This dynamic highlights that maturation and accumulation pressures are outweighing distribution behavior,” Glassnode analysts wrote, noting that this is “highly atypical for late-stage bull markets.”

    Despite these underlying strengths, both leading cryptocurrencies remain susceptible to geopolitical risks and unpredictable “black swan” events, such as the recent public dispute between US President Donald Trump and tech billionaire Elon Musk.

    Such episodes serve as stark reminders that market sentiment can shift rapidly, even within structurally strong markets.

    However, beneath this surface-level volatility, institutional conviction appears to remain intact.

    Ethereum is increasingly being viewed as the preferred vehicle for accessing regulated DeFi opportunities, while Bitcoin continues to benefit from long-term accumulation by institutions, often via Exchange Traded Funds (ETFs).

    “Macro uncertainties remain, but $3,000 ETH looks increasingly likely,” Lai concluded, offering a bullish outlook for Ethereum’s near-term price potential.

    Stablecoin surge: liquidity pours in, Tron leads the charge

    The stablecoin market is experiencing a significant boom, recently hitting an all-time high market capitalization of $228 billion, marking a 17% increase year-to-date, according to a new report from CryptoQuant.

    This surge in dollar-pegged liquidity is being driven by renewed investor confidence, buoyed by factors such as the blockbuster Initial Public Offering (IPO) of stablecoin issuer Circle, rising yields in DeFi protocols, and improving regulatory clarity in the US This influx of capital is quietly redrawing the map of where liquidity resides on-chain.

    “The amount of stablecoins on centralized exchanges has also reached record high levels, supporting crypto trading liquidity,” CryptoQuant reported.

    Their data indicates that the total value of ERC20 stablecoins (those built on Ethereum) on centralized exchanges has climbed to a record $50 billion.

    Interestingly, most of this growth in exchange stablecoin reserves has been a result of the increase in USDC reserves on these platforms, which have grown by 1.6 times so far in 2025 to reach $8 billion.

    When it comes to the blockchain protocols benefiting most from these stablecoin inflows, Tron has emerged as the clear leader.

    Tron’s combination of fast transaction finality and deep integrations with major stablecoin issuers like Tether is credited with making it a “liquidity magnet.”

    Presto Research, in a recently released report echoing these findings, noted that Tron notched over $6 billion in net stablecoin inflows in May alone.

    This figure topped all other chains and positioned Tron with the second-highest number of daily active users, just behind Solana.

    Tron was also the top performer in terms of native total value locked (TVL) growth.

    In contrast, both Ethereum and Solana experienced significant stablecoin outflows and losses in bridge volume during the same period, according to Presto’s data.

    This suggests a potential lack of new yield opportunities or major protocol upgrades attractive enough to retain or draw in fresh stablecoin capital on those networks.

    Presto’s data confirms a broader trend: institutional and retail capital alike are increasingly rotating towards alternative Layer 1 and Layer 2 solutions like Base, Solana (despite recent outflows, it still attracts users), and Tron.

    The common denominators among these favored chains appear to be faster execution speeds, more dynamic and evolving ecosystems, and, in some cases, more substantial incentive programs.
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  • Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs

    Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs

    Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs

    • Bitcoin surged past $100K this week, fueled by strong spot ETF inflows of over $1 billion.
    • With Bitcoin nearing its all-time high, key support is now eyed around the $100,000 level.
    • Ether experienced a dramatic price jump, breaking $2,600 and targeting $3,000.

    Bitcoin has decisively reclaimed ground above the psychologically crucial $100,000 mark this week, signaling a resurgence of bullish momentum in the cryptocurrency market.

    Supported by substantial inflows into spot Bitcoin ETFs, particularly BlackRock’s IBIT fund, buyers are now attempting to consolidate these gains and potentially push towards new all-time highs.

    This renewed strength in the market leader is also igniting interest in several altcoins, prompting discussions about the potential onset of an “altseason.”

    The past week saw Bitcoin climb over 10%, with buyers successfully pushing the price through significant resistance levels.

    This rally has been notably backed by consistent institutional demand, exemplified by BlackRock’s IBIT spot Bitcoin ETF extending its inflow streak to 19 days, attracting $1.03 billion in the latest trading week alone, according to Farside Investors data.

    Technically, Bitcoin is gradually inching towards its all-time high of $109,588, indicating a measured but confident advance by the bulls who seem reluctant to book profits prematurely.

    While this strong rally has pushed the Relative Strength Index (RSI) into overbought territory – often a precursor to a short-term correction or consolidation – any pullback is anticipated to find robust support between the $100,000 level and the 20-day exponential moving average (EMA), currently around $96,626.

    A successful rebound from this support zone would significantly increase the probability of a breakout above $109,588, potentially targeting $130,000.

    However, bears still have a window to regain control.

    A swift and decisive break below the 20-day EMA could trigger a sharper decline towards the 50-day simple moving average (SMA) near $88,962.

    On shorter timeframes, strong selling pressure is expected in the $107,000 to $109,588 zone.

    A successful defense of the 4-hour 20-EMA on any dip would signal continued bullish strength, while a break below $100,000 could open the door for a deeper correction towards $93,000 or even $83,000.

    Ether (ETH) skyrockets, eyes further upside

    Ether (ETH) experienced a dramatic surge, catapulting from $1,808 on May 8 to $2,600 by May 10, showcasing aggressive buying pressure.

    This rapid ascent also pushed its RSI into overbought territory, suggesting a potential near-term consolidation or minor pullback.

    Key support levels to watch on the downside are $2,320 and then $2,111.

    If Ether finds support at these levels and turns higher, the ETH/USDT pair could extend its rally towards $2,850 and subsequently aim for the $3,000 mark.

    However, a break below the $2,111 support would invalidate the immediate bullish outlook, potentially leading to a period of range-bound trading between $1,754 and $2,600.

    On the 4-hour chart, bulls managed to push above the $2,550 resistance but struggled to sustain those higher levels.

    A positive sign is that buyers haven’t conceded much ground, suggesting they anticipate further upside.

    A break above $2,609 could trigger the rally towards $3,000, while a drop below the 4-hour 20-EMA might initiate a deeper correction towards the $2,111 support.

    Dogecoin (DOGE) breaks resistance, signals trend change

    Dogecoin (DOGE) showed a significant short-term trend change by soaring above the $0.21 overhead resistance on May 10.

    The rally is currently facing selling pressure near $0.26, which could lead to a retest of the $0.21 breakout level.

    If DOGE rebounds strongly from $0.21, it would indicate a shift in market sentiment from “sell the rally” to “buy the dip,” increasing the likelihood of a continued advance towards $0.31.

    To negate this bullish momentum, sellers would need to pull the price back below the 20-day EMA (around $0.19).

    Such a move could trap DOGE within a larger trading range between $0.14 and $0.26 for an extended period.

    Immediate support on any pullback from $0.26 is seen at $0.22 and then $0.21.

    Pepe (PEPE) rallies sharply, tests key levels

    Meme coin Pepe (PEPE) staged a sharp rally from its 50-day SMA (around $0.000008), breaking above the $0.000011 overhead resistance on May 8.

    This aggressive move has also pushed its RSI into overbought territory, signaling a potential pullback. The PEPE/USDT pair might drop to retest the $0.000011 breakout level.

    If this level holds as support, it would strengthen the bullish case for a rally towards $0.000017 and then $0.000020.

    Conversely, a break below the 20-day EMA (around $0.000009) would invalidate this optimistic outlook.

    On the 4-hour chart, bears are aggressively defending the $0.000014 level.

    A pullback to the 4-hour 20-EMA is a critical support to watch; a bounce could lead to another attempt to break $0.000014, while a failure could see PEPE slide back to $0.000011 or even the 50-SMA.

    Cosmos (ATOM) breaks out of base, targets higher levels

    Cosmos (ATOM) signaled a potential trend change by closing above the $5.15 resistance on May 10, breaking out of a large basing pattern.

    However, bears are expected to defend this level strongly.

    If they succeed in pushing the price back below $5.15, aggressive bulls could be trapped, leading to a pullback towards the moving averages.

    If buyers can sustain the price above $5.15, the ATOM/USDT pair could gain significant momentum and rally towards $6.50.

    While sellers will likely attempt to halt the advance there, a successful break above $6.50 could open the path towards $7.50.

    The sharp rally has pushed the 4-hour RSI into overbought territory, suggesting a short-term correction or consolidation.

    Bulls must defend the $5.15 level to maintain momentum towards $6.60. A break below $5.15 could lead to a deeper correction towards the 20-EMA or even $4.70.

    While some analysts debate whether a full-blown “altseason” has truly begun, given the modest recovery of many altcoins from their significant drawdowns, the recent price action across several key cryptocurrencies suggests a renewed bullish appetite in the market.

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  • dtcpay to phase out BTC, ETH support amid services shift

    dtcpay to phase out BTC, ETH support amid services shift

    • dtcpay has announced that it will be shifting its payment services to stablecoins only effective 2025
    • The Singapore-based platform will phase out Bitcoin and Ethereum by the end of the year

    Singapore-based payment institution dtcpay will no longer be supporting Bitcoin and Ethereum as payment modes.

    The licensed payment platform said the move will be effective in 2025, according to a report from Fintech News. It only intends to support stablecoins and fiat currency payment modes.

    The move focuses more on the stability of stablecoins and fiat currency rather than the volatile nature of crypto. Business operators and consumers are also assured of a more secure payment mode and in line with the country’s regulations.

    dtcpay eyes stablecoins in services pivot

    In its announcement, dtcpay mentioned that there will be a paradigm shift come January 2025. Announcing its cancellation for accepting Bitcoin and Ethereum, it intends to accept stablecoins USDT, USDC, Worldwide USD (WUSD), and First Digital USD (FDUSD) among others.

    dtcpay’s decision comes amid an increased trajectory that has seen the regulated digital payments provider’s users lean towards stablecoins. The growth is what the company is looking to tap into, with digital payments seen as the new frontier in revolution that’s crypto.

    Stablecoins make a huge chunk of this, with a Chainalysis report for Q2, 2024 indicating that the asset-backed tokens accounted for an estimated $1 billion in payments.

    dtcpay’s strategic move is a strong indicator of the need for a stable and most reliable way of digital payment.

    The platform’s good record in innovation, progressive growth in the digital world and different accolades has seen it become a darling to businesses.

    In October 2024, the payment platform, and the only Asia-based company, was picked for the Mastercard Starter Path programme. It also became the first to launch a regulated POS in Singapore enabling business owners to accept crypto payments.

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  • Ethereum Foundation sells 300 ETH as price hits $2.5k

    Ethereum Foundation sells 300 ETH as price hits $2.5k

    • The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks
    • On September 20, the non-profit sold 300 ETH for over $760,000 as Ethereum’s price rose to above $2,500

    The Ethereum Foundation has once again dumped more Ether tokens, this time offloading 300 ETH worth more than $760,000.

    According to on-chain data, the foundation sold the 300 ETH for an average of $2,543 – which is a level that is 5% up on intraday lows of $2,440.

    In recent days, the organization had stopped its selling spree. Before the brief lull, the Ethereum Foundation had become one of the top ETH holders to dump as prices stalled. But on September 20, the dump resumed.

    Ethereum Foundation has sold Ether every four to seven days

    On September 6, the Ethereum Foundation sold 100 ETH for $226,868. It’s a sale that brought the foundation’s increased selling across three weeks to 650 ETH, with these valued at about $1.5 million.

    According to Spot On Chain, a on-chain insights platform, the non-profit organization has sold 950 ETH since the start of September. These sales amount to over $2.2 million, with the average sale price being $2,392.

    The Ethereum Foundation has sold the native Ethereum token every four to seven, on-chain data shows.

    In May 2024, the Ethereum Foundation sold 1,000 ETH for over $3 million, with year-to-date totals at the time reaching 1,766 ETH sold for over $4.8 million.

    The latest dump comes after Ethereum’s price surged from under $2,200 levels reached earlier this month.

    At the time of writing, ETH traded around $2,552, roughly 5% up in the past 24 hours and +8.5% in the past week.

    These gains have come as Bitcoin’s price surged to above $63,000 after this week’s Fed moved to cut interest rate by 0.5%.

    Earlier, CoinJournal highlighted that five Satoshi era Bitcoin wallets that had been dormant for 15 years, woke up and transferred 250 BTC.

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  • Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    • Bitcoin (BTC) eyes $80K amid institutional FOMO & strong hodling.
    • Ethereum (ETH) bullish, targets $4,868 ATH with robust technicals.
    • AltSignals (ASI) set a new ATH at of $0.006026.

    In the fast-paced world of cryptocurrency trading, accurate price predictions are highly sought after by investors looking to make informed decisions. Today, we delve into the latest price predictions for three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and AltSignals (ASI).

    These predictions are based on a combination of market analysis, technical indicators, and industry trends.

    Bitcoin price prediction: eyes on $80,000

    Bitcoin, the pioneering cryptocurrency, is experiencing a surge in momentum, recently reaching a new peak of $72,800 on Binance.

    Analysts speculate that the price could climb even higher, potentially touching the $80,000 psychological level.

    The market is currently witnessing institutional FOMO (fear of missing out), as BTC holders show resilience, refraining from significant sell-offs.

    Technical indicators, such as the Relative Strength Index (RSI), continue to show strength despite overbought conditions. This suggests that Bitcoin might extend its upward trajectory.

    However, profit-taking could lead to a pullback, with key support levels identified at $69,000 and the supply zone between $62,278 and $65,618.

    Ethereum price prediction: expected to reclaim its ATH

    Ethereum, not to be outdone, is displaying robust performance, holding above $4,000. With an impressive 85% increase since the start of the year, ETH is poised to reclaim its all-time high of $4,868.

    The Awesome Oscillator (AO) and RSI signal strong buyer presence and rising momentum, indicating the potential for a 20% climb.

    In case of a pullback, Ethereum may find support around $3,602, providing an opportunity for traders.

    AltSignals’ ASI token and ActualizeAI ecosystem

    AltSignals is set to revolutionize the trading landscape with ActualizeAI, a groundbreaking upgrade incorporating artificial intelligence, machine learning, and natural language processing.

    The AltSignals platform aims to leverage these technologies to provide a fully automated and 24/7 trading capability, improving accuracy and risk management while offering advanced sentiment analysis support.

    The ASI token, integral to the AltSignals ecosystem, was recently been listed on Uniswap after a successful presale that raised 1.8 million. At press time, the ASI/USDT trading pair on Uniswap v3 was trading at $0.005964, 52.56% higher than its all-time low price of $0.003913 recorded on March 5, 2024.

    Although, rising at a sluggish pace, the ASI token hit an all-time high of $0.006026 on March 11, 2024, and analysts expect it to ride the current bullish market sentiment and AI hype and possibly drop a zero by April.

    Beyond trading on Uniswap, ASI holders currently have the opportunity to stake their tokens, earning rewards of up to 25% in the ongoing ASI staking program.

    As a deflationary token, ASI comes with a countdown mechanism, providing access to evolving ActualizeAI trading products and contributing to increased token value.

    ActualizeAI introduces an AI Members Club, rewarding participants with ASI tokens for contributions to product development, backtesting, feedback, and ideas. It emphasizes community governance, allowing token holders to influence the project’s direction.

    What does the future hold for ASI holders?

    Looking ahead, AltSignals has outlined a transparent roadmap, ensuring the community’s involvement and maximizing value for token holders. The roadmap spans quarters, with milestones such as token presale launch, AI model development, dashboard design, burn & staking mechanisms, and partnership acquisitions.

    ActualizeAI’s roadmap includes the development of a real-time dashboard and notifications powered by a sentiment analysis engine. New AI product releases, a 2-Click onboarding design, and increased global marketing efforts are anticipated in the coming quarters.

    AltSignals’ success is underscored by its head start as an established business in 2017. 

    With a loyal community of 50,000 signal users, this predictive machine learning is poised to revolutionize trading indicators, providing a unified platform for both traditional and cryptocurrency markets.

    As AltSignals continues to capture global investor interest, the integration of ActualizeAI promises to disrupt the trading industry, providing traders with cutting-edge tools and technologies for a seamless and empowered trading experience.

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  • Bitcoin (BTC) and Ethereum (ETH) lead the bull rally; Rebel Satoshi ($RBLZ) finally concludes presale event

    Bitcoin (BTC) and Ethereum (ETH) lead the bull rally; Rebel Satoshi ($RBLZ) finally concludes presale event

    • Top experts expect Bitcoin’s (BTC) price to rise beyond $70,000 as halving approaches.
    • Ethereum (ETH) proposal causes optimism among investors, who expect a surge in the DeFi coin price to $5,000 by the end of March.
    • Rebel Satoshi ($RBLZ) presale has concluded.

    Despite BTC and ETH’s continued rise to the top of the cryptocurrency market during this recent upswing, a new competitor has shown it can compete with the best DeFi tokens.

    Among BTC, ETH, and $RBLZ, which cryptocurrency should you buy? Let’s gather the most recent information from analysts and experts.

    BTC price forecast: can Bitcoin continue its upward trend?

    To stop currency speculation and stabilize the country’s collapsing Naira, the Nigerian government has placed access restrictions on several cryptocurrency exchanges, including Binance, Coinbase, Kraken, FXTM, and OctaFX, according to a report published in the Financial Times on February 22.

    Since this news was made public, the price of Bitcoin has increased by 22.45%, from $50,731.95 on February 23 to $62,121 on February 29. Experts in the cryptocurrency space who monitor BTC’s price have predicted that it will rise even higher. They predict that the upcoming Bitcoin halving will push it to $70,470 by March.

    However, many Bitcoin analysts have expressed pessimism and forecast an imminent decline for the top crypto coin. Based on past Bitcoin price trends, they claim that the price of BTC could drop to $47,680 by mid-March.

    Will Ethereum’s latest proposal spur a surge for ETH?

    On February 23, Mike Neuder of the Ethereum Foundation and Max Resnick, chief researcher at SMG, published the Concurrent Block Proposers in Ethereum thesis. The paper proposed the possibility of increasing the number of proposers in a single PoS Ethereum slot.

    Following this announcement, the value of ETH has demonstrated the expected upward movement. On February 12, ETH was trading at $2,658.12; however, by February 28, it had clocked in at $3,244.42, indicating a rise of 22.06%. The increase in Ethereum ETF applications has market experts bullish about Ethereum. Consequently, they predict that ETH will hit $5,000 by the end of March.

    On the other hand, because the MACD and the Awesome Oscillator are both in bearish territory, some analysts are bearish on Ethereum. As a result, they forecast that before the end of March, ETH will fall to $2,256.14. Despite this uncertain outlook, some analysts have advised investors to look into Rebel Satoshi due to its distinctive structure and lucrative presale.

    Rebel Satoshi concludes presale ahead of $RBLZ’s DEX listing

    Rebel Satoshi is currently positioned to be among the top meme coin projects of 2024 thanks to its creative features and strong presale performance. The project intends to use $RBLZ, its proprietary token, to usher in a new era of decentralization to accomplish this goal. A group of rebels dedicated to opposing centralized systems will define this new era.

    Holders of the $RBLZ token can also anticipate exclusive privileges and the opportunity to participate in the Rebel Satoshi ecosystem. The Rebels community will construct the Rebel Satoshi ecosystem, which will include a play-to-earn (P2E) game, an NFT marketplace, the Rebel NFT Vault, and a staking program.

    Right now, $RBLZ is concluding the fifth and final Recusants Round 5 of its presale, with a token price of $0.024. Before Rebel Satoshi’s official DEX launch, this price is anticipated to rise to $0.025; therefore, early $RBLZ investors may see a 150% return on their investment when the token launches.

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Aragon Association dissolves, tells holders to redeem ANT for ETH

    Aragon Association dissolves, tells holders to redeem ANT for ETH

    Aragon Holders To Redeem ANT For ETH
    • The Aragon Association is the steward of the Aragon (ANT) treasury and assets.
    • Token holders have until November 2, 2024 to redeem their ANT tokens for Ether (ETH).
    • 86,343 ETH from the treasury has been deployed for the redemptions, with the rate at 0.0025376 ETH per ANT.

    Aragon (ANT) holders will have to redeem their tokens for Ethereum (ETH) for the next twelve months, the Aragon Association, a Swiss-based nonprofit supporting the project’s development, has announced. The association is also the legal steward of the ANT treasury and assets.

    What is happening with Aragon (ANT)?

    The Aragon Association revealed it was dissolving amid plans to continue the project’s development in a new “product-focused structure.”

    According to an update from the company, the pivot in focus means there’s no point for users to continue holding ANT. The association  has deployed 86,343 ETH for the process, which accounts for 87% of the treasury and will be sent to a smart contract that will allow autonomous redemptions at the rate of 0.0025376 ETH per ANT.

    “At the end of the redemption period, the redeemed ANT will be burnt and any remaining ETH will be sent to the Ethereum address of the new product-focused structure,” the Aragon Association said in their announcement published on November 2.

    Token holders have until November 2, 2024 at 23:59 UTC to complete the transition, after which the option will no longer be available.

    New chapter for Aragon

    Aragon, which seeks to offer a user-friendly tech stack for decentralised autonomous organisations (DAOs), raised 275,000 ETH (approximately $25m at the time) in 2017. ANT also envisioned a token that would power Aragon Network’s dispute resolution system.

    But while there were successes such as the Aragon Nest grants program and launch of the DAO framework aragonOS, the project faced key challenges in many other goals. For instance, they failed to create a much hyped court system for DAOs and an appchain on the Cosmos blockchain.

    The nonprofit also failed to galvanise its efforts, despite the bull market seeing the treasury grow significantly. According to their announcement, “bureaucratic complexity, misaligned stakeholders, and failed attempts at modifying the governance increased tensions within the project.”

    An effort to vest the treasury’s control to ANT holders failed as users, partners and developers held only a fraction of the ANT supply. This meant a “volatile gap existed between the value of the treasury and the token market cap,” an outlook that jeopardised Aragon’s mission.

    A post on X noted the project needs a total reset.

    The Aragon token price was $4.58 on Friday, down more than 68% from its all-time high of $14.64 reached in April, 2021.

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  • Ferrari adds BTC, ETH, XRP to payment options; ADA, DOGE & QUBE ready for a jump

    Ferrari adds BTC, ETH, XRP to payment options; ADA, DOGE & QUBE ready for a jump

    The high-octane world of luxury cars has always been a hotbed for innovation, not just in design and performance, but also in the realm of customer experience and payment methods. On October 14, Ferrari, the iconic luxury carmaker, took a leap into the future by accepting crypto payments. 

    As we witness the impact of this move, there’s a new ICO in the crypto arena that’s been steadily garnering attention and redefining how we invest in AI technology startups – InQubeta ($QUBE).

    InQubeta ($QUBE) – a gateway to AI investments

    In a world increasingly driven by Artificial Intelligence, startups are often at the intersection of breakthrough innovations and immense growth potential. However, channelling investments into these ventures has been a challenge that often deterred potential investors. InQubeta is on a mission to revolutionize this space.

    Providing a robust platform for fractional investment in AI startups, InQubeta introduces QUBE tokens as the bridge connecting potential investors with promising startups. These startups, in their quest for funds, create some of the coolest NFTs representing either rewards or equity. These NFTs are then available for purchase by investors using QUBE tokens, creating a symbiotic relationship where startups acquire necessary capital, and investors enjoy the returns and benefits based on their NFT holdings.

    More than just another crypto to buy, QUBE is also a deflationary ERC20 coin, with an in-built burn mechanism. Moreover, as a governance token, QUBE is not just a passive investment. It grants its holders the power to shape the platform’s future, making decisions, proposing changes, and voting on pivotal aspects of InQubeta’s journey.

    Ensuring security and trust, InQubeta has received a positive audit from Hacken and a KYC verification from BlockAudit. With an ongoing presale that has already raked in over $3.7 million, the platform’s roadmap hints at a future filled with expansion; one that will make QUBE the best crypto investment of this decade.

    You can now buy a Ferrari with Crypto

    As reported by Reuters on Oct. 14, Ferrari has now opened the gates for its clientele to purchase luxury cars using the best cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Partnering with BitPay as its payment processor, this iconic brand ensures a seamless transaction experience for its customers. 

    Regardless of whether a client chooses to pay with traditional currency or cryptocurrency, there will be no difference in prices, fees, or surcharges. While the offering currently caters to U.S. customers, Ferrari also has its eyes set on the European market.

    The rising tide: ADA, DOGE & QUBE

    With the increasing integration of cryptocurrencies in mainstream industries, top altcoins like ADA Cardano (ADA), Dogecoin (DOGE), and InQubeta (QUBE ) are poised for significant market movements. As businesses and consumers alike become more crypto-savvy, these tokens, backed by robust projects and utilities, are likely to see a surge in demand and valuation.

    Cryptocurrencies are no longer the outliers; they’re rapidly becoming the norm. As we stand at this juncture, it’s not just about the cars we drive or the tokens we invest in; it’s about the future we’re collectively crafting. Pioneering platforms like InQubeta highlight the evolving narrative of the modern financial landscape. 

    To take part in the InQubeta project you can visit InQubeta Presale and join The InQubeta Communities.

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  • SUI price dips below $1, BTC and ETH struggle amid sell-off

    SUI price dips below $1, BTC and ETH struggle amid sell-off

    • Sui (SUI) fell below $1, while Bitcoin and Ethereum dropped below key levels at $26,500 and $1,800 respectively.
    • Altcoins were selling off on Wednesday as the global cryptocurrency market cap dropped to $1.15 trillion, down 2.6% at the time of writing.
    • A confluence of headwinds, including the uncertainty around the US debt ceiling talks and possible default were likely triggers.

    The price of Sui (SUI) fell below $1 on Wednesday as the broader cryptocurrency market continued to sell-off after recent declines catalysed by macroeconomic news events.

    At the time of writing, SUI traded at $0.97, about 7.6% down in the past 24 hours and -16% over the past seven days. The token’s daily trading volume was just over $235 million, up 115% from a day earlier as selling pressure mounted.

    Today’s declines for Sui sees its price below the dollar for the first time since its token launch for trading on exchanges. On 3 May 2023, SUI reached its all-time high price of $2.16. At the current value, its down nearly 55%.

    Crypto market shrinks 2.6% as BTC, ETH and altcoins struggle

    As SUI fell to its lowest price level so far, the sentiment around crypto did not help the global cryptocurrency market cap. According to data from market data aggregator CoinGecko, the total crypto market cap was down 2.6% in the past 24 hours at the time of writing, hovering around $1.15 trillion.

    Crypto markets were also down as Bitcoin (BTC) price retreated towards $26k amid continuing uncertainty in the financial market. The benchmark cryptocurrency’s market cap was $508 billion, down 3.7% from a day earlier.

    Ethereum also struggled to maintain recent upside momentum, with ETH price trading at $1,789 and about 3.3% down in the past 24 hours.

    ETH and BTC both hit year-to-date highs above the psychological levels of $2,000 and $30,000 respectively. However, a confluence of headwinds, including regulatory uncertainty have catalysed declines that threaten further rot to critical support zones.

    At the moment, another downward trigger is the uncertainty around the US debt ceiling talks and possible default. Stocks were down on Wednesday as a result of investor jitters.

    All the top 10 altcoins were also down, including XRP and Litecoin that have had some upside in recent weeks. Crypto analysts say further declines could spell danger for the market. Michael van de Poppe shared such an outlook.

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  • ARB, APT ,LRC soar as altcoins mirror ETH breakout to $2.1k

    ARB, APT ,LRC soar as altcoins mirror ETH breakout to $2.1k

    • Altcoins are soaring, with the prices of Arbitrum, Aptos, Loopring , Optimism and Rocket Pool seeing double digit gains.
    • Ethereum price broke above $2,100 and ARB, RPL and OP prices are among the biggest gainers in the top 100 cryptocurrencies by market cap today.
    • Analysts says altcoins have been buoyed by ETH breakout after Shanghai, even as Bitcoin dominance fell.

    Altcoins are thriving, but have a small window to see some joy amid the latest spike for Ethereum price, a top analyst has said.

    Crypto market intelligence platform Santiment highlighted the move among altcoins as coming amid a pivot of profits from Bitcoin to smaller cap cryptocurrencies. The sentiment flip around alts also happens at a time Ethereum dominates the social discussion volume following its breakout above $2k.

    ARB, RPL and OP prices soar as profits pivot to altcoins amid ETH breakout

    On Friday, as ETH broke above $2,100 for the first time since May 2022, several altcoins followed suit, with Aptos (APT), Arbitrum (ARB), Rocket Pool (RPL), Optimism (OP) and Loopring (LRC) registering mega moves.

    Arbitrum has spiked more than 18% in the past 24 hours to hit highs of $1.57, while Aptos price was also up double digits as bulls pushed for $14. 

    Meanwhile, Loopring traded to highs of $0.45 with +11% and Rocket Pool traded to near $52 with 18% in 24 hours. Optimism price rose to $2.64 with another +10% gain.

    According to on-chain data, the altcoin market is starting thrive after Bitcoin (BTC) dominance over the past few weeks.

    While BTC extended its gains above $30k – hitting highs of $30,800 on Friday – the major move was seen in Ether after the super successful Shanghai upgrade. 

    ETH/USD first broke above $2,000 and then followed that up with a decent punch above $2,100 (buying pressure pushed Ethereum price to highs of $2,130 on crypto exchange Bitstamp.

    Analyst Captain Faibik says the Bitcoin Dominace as measured by the market cap parabolic curve formation is showing a sell point. BTC dominance has shrunk to 44%, while that of Ethereum has risen to 19%. As the price of BTC rises and BTC.D falls, it suggests alts have a massively bullish opportunity and may begin to rally.

    Altcoin rally? Analysts warn traders

    While top crypto analysts are pointing to Ethereum as “a leading indicator for altcoins,”(we highlighted Rekt Capital’s view here), some have said the “window” might not be that big and a pullback is likely. 

    Scott Melker, author of The Wolf Den Newsletter, says altcoin traders should “enjoy it while it lasts.” 

    Michael van de Poppe expects Bitcoin to rally to $40k and Ethereum to $2,800-$3,000 range. Alts should be seeing some momentum too – but the window will likely be small, he noted.

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