Tag Archives: Crypto Bits

TL;DR Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1. Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome. DOGE Bull Run in the Making? The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – experienced a significant resurgence in March this year, with its price spiking to $0.22. Since then, though, it...

TL;DR Polkadot Blockchain Academy launched its fifth cohort in Singapore to nurture developer talent with 184 lecture hours and 18 experienced instructors. Polkadot recently introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite those advancements, DOT’s price remains steady at around $7, with mixed future predictions. The Latest Update According to a document shared with CryptoPotato, Polkadot Blockchain...

TL;DR Bitcoin rose above $69,000 after consolidating around $67,500, with predictions of further gains if key resistance levels are surpassed. Analysts point to interesting technical patterns and indicators suggesting BTC could reach new highs, potentially up to $85,000. Bitcoin Price Predictions to Watch After a brief period of consolidation around the $67,500 mark, the price of Bitcoin (BTC) started a new uptrend today (June 3), soaring above $69,000. Numerous analysts...

TL;DR Shiba Inu (SHIB) saw a price surge earlier this year but has since lost some of its momentum. ChatGPT sees low chances of reaching the top 5 cryptocurrencies despite further growth from Shibarium and a strong community. Dogecoin (DOGE), backed by Elon Musk and Tesla, has better prospects for entering the elite club, driven by potential celebrity endorsements and market optimism. Is That a Mission Impossible? The popular meme coin experienced an impressive revival...

TL;DR XRP has stayed stable between $0.51 and $0.54 despite market volatility, with analysts predicting a potential rise due to its low RSI ratio. The upcoming launch of a Ripple stablecoin, a possible XRP ETF, and a settlement in the lawsuit against the US SEC could also drive a price increase. Is XRP Ready to Spike? While the cryptocurrency market experienced substantial volatility in the past few weeks, Ripple’s XRP remained relatively unfazed. Its price has recently...

TL;DR Polkadot has introduced the Join-Accumulate Machine (JAM) upgrade to replace the Relay Chain and launched a 10 million DOT prize to encourage development. The protocol improved block validation efficiency after a vital upgrade and formed a strategic partnership with the Founder Institute to launch its first Web3 cohort. The Recent Advancements Polkadot keeps holding center stage thanks to the developments surrounding its ecosystem and some strategic partnerships. Most...

TL;DR Shiba Inu (SHIB) experienced a significant price spike earlier this week, briefly surpassing Cardano (ADA) in market cap and becoming a top trend in the crypto community. However, its price soon dropped amid an overall market correction. SHIB’s Latest Achievement The price of Shiba Inu (SHIB) spiked by double digits on May 29, turning into one of the best performers in the sector. Its market cap temporarily crossed the $17 billion mark, and the asset briefly flipped...

TL;DR The price of one frog-themed cryptocurrency rose 130% in the past month, hitting an all-time high of $0.09 and a market capitalization of $900 million. Analysts predict further gains and a potential market cap surge towards the $1.5 billion mark. The Next Crypto Sensation? The ever-evolving meme coin sector spews new tokens quite frequently, with some capturing the attention of industry participants and turning into major trends in a short period of time. One...

TL;DR Binance will temporarily suspend ETH deposits and withdrawals for two hours during wallet maintenance. The company regularly updates its platform by adding new trading pairs and delisting certain cryptocurrencies due to security or liquidity issues, continuously aiming to enhance user experience. The Upcoming Development The world’s largest cryptocurrency exchange will perform wallet maintenance for the Ethereum (ETH) network on May 29. The process is scheduled to take...

TL;DR While the broader crypto market corrected, Chainlink (LINK) rose to nearly $19, marking a 6% daily increase. Analysts forecast further gains for the asset, supported by rising whale activity and key partnerships. Metrics show large transaction volume and a shift from exchanges to self-custody, indicating reduced selling pressure. All Eyes on LINK The cryptocurrency market experienced a correction in the past several hours, with numerous leading digital assets retracing...