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The market is back rallying, with the memecoin sector and Solana ecosystem currently northbound. This positive outlook has caused investors to intensify their purchasing activity to rebalance their investment portfolios. In addition, this uptick in interest is prompting investors to investigate alternative cryptocurrencies with growth potential, leading to a focus on alt coins . However, selecting the appropriate altcoin necessitates thorough Analysis and research. InsideBit coins provides valuable guidance by showcasing several notable alt coins worthy of investor consideration. 6 Best Altcoins to Invest in Right Now Investors focus on tokens like dogwifhat , Solana, and Jupiter, viewing them as promising investment prospects in anticipation of the upcoming altcoin season. This surge in interest bolsters investor confidence, empowering them to evaluate and refine their investment portfolios actively. The presale of eTukTuk has exceeded $2.6 million, drawing in investors keen on...

The non-fungible token market has faced a brutal meltdown in recent weeks, with the majority of floor prices dropping below 20 ether, a 90% decline from their all-time high in 2022. The NFT market downtrending despite its fellow crypto market being on the rally, going contrary to its initial bull run. However,  the number of investors buying NFTs has risen 25% this week from the past week. The State Of NFTs In The Past 7 Days Data fetched by CryptoSlam.io, an on-chain market data aggregator, indicates that the global non-fungible token trading sales volume has plunged again for the fourth consecutive week. In the past seven days, the NFT market has amassed a sales volume of $231 million, representing a 17% drop from the previous week. Source: Cryptoslam.io, NFT sales in the past 7 days During this period, the number of investors buying and selling non-fungible token collections has increased this week. In the past seven days, NFT buyers have increased 25% to 690,198, while NFT...

As the date of its halving approaches ( April 15 ), Bitcoin (BTC) has shown resilience and growth potential, and its value is once again soaring above $70,000. Therefore, investors are paying close attention to the related blockchain stocks as cryptocurrency is once again going through a price rally. The rising price of Bitcoin is also affecting crypto miners and blockchain-related companies as well. Today’s crypto currency innovator is riding the current trend to beat the odds and climb up from its previous pitfalls. However, its stock price has yet to keep up with the new-grown value, indicating a potentially lucrative buy opportunity. In this article, we will cover Riot Platforms (NASDAQ: RIOT) and explain why you should consider this Bitcoin stock . The volatile nature of Bitcoin As we all know, cryptocurrencies are highly volatile assets. Bitcoin, in particular, has exhibited a cyclical pattern of price shifts, with extended bull and bear trends throughout the past co...

Gold has lately been making headlines by keeping its pace intact amid the stark market meltdown. The yellow metal has documented a few downswings but is slowly recovering its momentum. Per Kitco, the gold prices are mellow, currently sitting at $2,193, down 0.90% at the time of publication.  However, the trend is expected to gain prominence soon as anticipation concerning the fed rates has lately been amplifying, boosting Gold’s prospects. Also Read: HSBC Debuts Gold Tokens To Woo Retail Investors Gold Is Poised to Gain Momentum Soon Source: goldavenue.com The palpable anticipation surrounding the Fed eral Reserve’s decision to cut interest rates in June is bolstering the price of GOLD . Gold is expected to break into a new bullish price threshold, with the influx around the metal increasing at a gradual pace.  According to Cathy, a notable market analyst on X, the current price trajectory of gold is bound for a stellar uptrend. The analyst was ...

The global Crypto fraud incidents have seen a dramatic increase this year, following the recent resurgence of the crypto market, spotlighting the urgent need for robust cyber security measures. Phishing is one of the classic cyber scams that are now widespread in the crypto world. In a March 28 blog post, Voh, a crypto influencer and partnership activation manager at Magic Eden non-fungible token market platform, has shared a new phishing scam targeting crypto and NFT influencers, founders, employees of notable companies, and high net-worth individuals. 🚨 New Calendly phishing scam Influencers, founders, employees of notable companies, and high networth individuals are at EXTREME risk for these hacking/phishing attempts. If this sounds like you (or even if it doesn’t), keep reading👇 (1/4) pic.twitter.com/jOB7mJ7Pvj — voh (@vohvohh) March 28, 2024 How Does The New Phishing Trick Works? By description, a phishing scam is a type of social engineering a...

There was a brief period where the movie theater and gold mining conglomerate AMC participated in the then-trendy NFT market, releasing several different collections tied in with various movies or the concept of stock ownership. Twelve collections were initially released over 306 days, however, it’s been 527 days since the last one listed on the AMC website’s NFT page was released. Back in this heady era, AMC proudly mentioned NFTs in its financial filings, and even claimed that it would “continue to implement innovative NFT offers to further engage and build loyalty with our guests.”  The first NFT launch — a tie-in with Spider-Man – No Way Home — reportedly crashed both AMC and Fandango’s websites and led to chief exec Adam Aron to state that the “Spider-Man NFT is a key reason why No Way Home generated the second highest one-day ticket sales in AMC ’s entire history.”  You were right when so many o...

The Pepe price soared 19% in the past week to trade for $0.00000815 as of 02:30 a.m. EST time even as it dropped a fraction of a percent in the past 24 hours. This comes as the meme coin sector makes something of a comeback, rising 2.4% in the past day to achieve a market cap of $61.8 billion, with Wen (WEN), SLERF (SLERF), and Dogwifhat (WIF) the top performers. Pepe Price Prognosis The Pepe price action over the last two weeks has consolidated into a falling wedge pattern. This bullish technical formation occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trend lines are drawn. The consolidation part ends when the price action bursts through the upper trend line, or wedge’s resistance. TradingView: PEPE/USDT 1-day chart However, the technical outlook shows that the Pepe price could drop before the next leg higher. The Relative Strength Index, which quantifies the buyer momen...

The Commodity Futures Trading Commission ( CFTC ) has called both Ethereum (ETH) and Litecoin (LTC) commodities in its recent KuCoin lawsuit filings. Indeed, the CFTC filed its civil enforcement action amid the recent criminal charges levied against the exchange and two of its founders. The complaint alleges that KuCoin had “illegally dealt off-exchange” commodity transactions without first registering with the CFTC. Moreover, within the complaint, the commission identifies Bitcoin, Ethereum, and Litecoin as commodities that investors were able to trade. JUST IN: CFTC says Ethereum and Litecoin are commodities in Kucoin lawsuit. — Watcher.Guru (@WatcherGuru) March 26, 2024 Also Read: Ethereum Has 2 Critical Levels Against Bitcoin: Can ETH Hit $4,000 This Week? CFTC Says Ethereum and Litecoin Are Commodities The digital asset market saw KuCoin emerge as the subject of criminal charges from the US government Tuesday. Moreover, the CFTC has now r...

The Synthetix prediction price is changing hands at $5.08 as the coin moves to cross above the upper boundary of the channel. Synthetix (SNX) Surges by 10%: New High on the Horizon? Synthetix (SNX) stands out among altcoins as a frontrunner in today’s bullish market surge, boasting an impressive 10% growth over the past 24 hours, soaring to $5.22. With its current performance trajectory, Synthetix has surged by over 16% in the week-to-date (WTD) period, showcasing its resilience and potential amidst the volatile cryptocurrency landscape. Synthetix Market Price Statistic: Synthetix price now: $5.08 Synthetix market cap: $1.6 billion Synthetix circulating supply: $327.7 million Synthetix total supply: $328.1 million Synthetix coin market ranking: #71 SNX/USD Market Key Levels: Resistance levels: $6.30, $6.50, $6.70 Support levels: $3.40, $3.20, $3.00 SNXUSD – Daily Chart SNX/USD is currently trading around $5.08 and once it manages to surpass the potential resi...

Ki Young Ju, the CEO of CryptoQuant, has indicated that the market for spot Bitcoin exchange-traded funds (ETFs) could see a revival if Bitcoin’s (BTC) price continues to fall. In a recent post on X, dated March 22, he suggested that the netflows of spot Bitcoin ETFs might increase as the price of BTC decreases. He based his prediction on historical net flow trends, which show that demand for Bitcoin ETFs typically rises when the cryptocurrency hits certain support levels. According to BitMEX Research, a notable analytics firm, spot BTC ETFs have experienced negative net flows for the past four trading sessions. This trend is marked by continuous outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs. Exploring the Potential Revival of the Spot Bitcoin ETF Market Ki Young Ju also noted that new BTC whales, particularly those investing in ETFs, have an average on-chain cost basis of around $56,000. He anticipates a significant resurgence in capital i...