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Solana (SOL) Price Analysis: Dips Attractive Near $135

Solana price started a downside correction from the $160 zone against the US Dollar. The price is now trading above $140 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $152 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $138 and $135 support levels to start another increase. Solana price is correcting gains from $160 against the US Dollar, like Bitcoin....

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Bitcoin Price Analysis: BTC Could Rally Unless This Support Gives Way

Bitcoin price started a downside correction from the $65,500 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $63,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $61,000 support zone. Bitcoin price is correcting lower below $63,000 against the US Dollar. BTC...

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SEC Chair Blames Journalists For Asking Him About Crypto So Much

One of crypto’s most powerful government nemeses believes journalists question him about the burgeoning asset class way more than necessary. Securities and Exchange Commission (SEC) chairman Gary Gensler appeared for a nine-minute interview with CNBC on Wednesday and blamed the host for asking for such an “outsized ratio” of crypto-focused questions. Gensler Is Tired Of Crypto Questions Gensler’s interviewer, Andrew Ross Sorkin, suggested that journalists’ focus on the...

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Apu Apustaja Embarks on Its Journey as a New Memecoin on the Ethereum Blockchain

[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched as a cryptocurrency, marking its entry into the digital currency space. This launch represents a significant...

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Ambient Secures $2 Million to Scale Up DePIN for Environmental Monitoring Globally

[PRESS RELEASE – London, UK, May 7th, 2024] With New Investment Round Led by Borderless Capital, The Environmental Data DePin, Eyes Solana Launch and Global Market Expansion  Ambient, the world’s largest decentralized network of environmental sensors and ambient data, today announced the successful closure of an oversubscribed $2 million seed funding round. This round was led by Borderless Capital, with participation from Solana Ventures, Parami Investors, Sonic Boom...

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Is it Time to Start Buying SHIB? This Analyst Gives His Thoughts

TL;DR Influential social media users and traders are accumulating Shiba Inu, citing strong market potential and technical patterns that predict significant price increases. Key factors that could trigger a SHIB price rally include an increased token burn rate, advancements in its Shibarium layer-2 solution, and a decrease in token supply on exchanges. ‘I Know the Future’ Despite its rapid price increase on a yearly scale, some analysts believe Shiba Inu (SHIB) still...

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