Tag Archives: Crypto Bits

TL;DR Polkadot has enhanced its network with Asynchronous Backing, increasing block production speed and capacity, aimed at improving support for complex Web3 applications. The native cryptocurrency, DOT, has seen a recent increase and is anticipated by analysts to potentially rise to the $10-$15 range in the coming months. Polkadot’s Latest Update Polkadot announced that Asynchronous Backing has been enabled on the network. The mechanism represents “an optimized approach...

TL;DR Solana (SOL) has demonstrated strong recent performance, with analysts like CryptoJack predicting new peaks before the end of 2024. The growth of Solana has been accompanied by the success of various meme coins on its network, such as WIF, whose market cap briefly surged to nearly $5 billion. SOL Bulls Predict Fresh Peaks Despite being in the red today (May 8), Solana (SOL) has been among the best-performing cryptocurrencies lately, registering a 20% increase on a...

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...

TL;DR DOT experiences a 10% weekly price surge, with bullish predictions suggesting potential spikes to $10 and beyond, particularly if it surpasses certain key resistance levels. Analysts previously envisioned further impulses for the asset, with forecasts ranging from $15.80 to a staggering $100. How High Can DOT Jump? Polkadot’s native cryptocurrency – DOT – has been among the best performers in the digital asset market lately, registering a 10% price increase on a weekly...

A former executive of the European arm of the bankrupt cryptocurrency exchange FTX has bought a gold pocket watch recovered from the Titanic wreck for £1.175 million ($1.5 million), the largest sum ever spent on any piece from the memorable incident. According to a Wall Street Journal report, German fintech entrepreneur and former head of FTX Europe Patrick Gruhn bought the 14-karat gold watch last Saturday from the English auction house Henry Aldridge & Son, a leading...

TL;DR Bitcoin’s price dipped recently but has begun to recover, raising hopes for a potential rally in May. Favorable regulations and increased institutional adoption could fuel a significant BTC price rally (according to ChatGPT). What Are the Odds of a BTC Rally in May? Despite the promising start of the year and the surge to an all-time high price in March, Bitcoin’s progress stalled in April. The primary cryptocurrency did not start May on the right foot, declining to...

TL;DR XRP has remained resilient amidst a general market downturn, with analysts predicting substantial future gains. The ongoing Ripple v. SEC lawsuit could significantly influence the asset’s price, depending on the outcome. XRP Future Outlooks The latest correction in the cryptocurrency market, which resulted in multi-month low prices for Bitcoin (BTC), Ethereum (ETH), and many other digital assets, was not so devastating for Ripple’s XRP. Despite briefly plunging below...

TL;DR Chainlink’s LINK is poised for a rebound from its current $14 price, indicated by a positive TD Sequential buy signal. Prominent analysts forecast significant returns for the asset, supported by favorable on-chain metrics suggesting a bullish move. LINK Price Predictions Chainlink’s native cryptocurrency – LINK – is yet another digital asset that suffered the negative consequences of the latest market correction. Its price is down nearly 8% in a week, currently...

TL;DR Shiba Inu experienced a 5% price increase daily, with optimistic forecasts from analysts like Ali Martinez, who predicts a significant upcoming rally due to positive chart patterns. The potential for an uptick is supported by a significant resurgence in SHIB’s burning program and ongoing enhancements to Shibarium. Betting on a SHIB Bull Run The cryptocurrency market flashed green today (May 2) after suffering substantial losses the previous day. Shiba Inu (SHIB) is...

TL;DR Binance recently expanded its Loan service to include new assets such as Holo (HOT) and Manta Network (MANTA), requiring users to update their app versions to place orders. The prices of these newly added tokens increased following the announcement, possibly driven by the broader recovery in the cryptocurrency market. The Latest Update The world’s largest cryptocurrency exchange launched another upgrade on its platform to offer additional services and respond to...