Bitcoin (BTC) Comes Down To Support - Bounce Click Me Load More

After being rejected from $72,000 just over a week ago, the $BTC price has come down to test support at $67,000. A bounce here, or perhaps a bit lower at $66,000, could be the next move for bitcoin.

https://cryptodaily.co.uk/2024/05/bitcoin-btc-comes-down-to-support-bounce-loading

#Bitcoin #BTC #Crypto #Trading #BitcoinBullMarket #BitcoinBullFlag #StochasticRSI

What Is Polkadot XCM?

Cross-consensus message format, or XCM, is a messaging format and language used to communicate between consensus systems.

https://cryptodaily.co.uk/2024/05/what-is-polkadot-xcm

#polkadot #dot #xcm

Bitcoin - It’s Just A Matter Of Time

Bitcoin is still traversing sideways and slightly down, and this is the tenth day of such price action. Strong support is holding the price above $67,000 and it would seem that it’s only a matter of time before bitcoin makes that sudden thrust upward that could take everyone by surprise.

https://cryptodaily.co.uk/2024/05/bitcoin-its-just-a-matter-of-time

#Bitcoin #BTC #Crypto #Trading #FederalReserve #Inflation #RightTranslatedCycle

Long-Term Bitcoin Holders Are Reaccumulating For The First Time Since December

According to a report by Glassnode, long-term Bitcoin holders have started reaccumulating for the first time since December, with selling pressure from these holders having cooled significantly.

https://cryptodaily.co.uk/2024/05/long-term-bitcoin-holders-are-reaccumulating-for-the-first-time-since-december

#bitcoin #whaleaccumulation #btc

PayPal Takes PYUSD to Solana, Boosting Transaction Speed and Cost Efficiency

PayPal has officially launched its PYUSD stablecoin on the Solana blockchain, enhancing transaction speed and cost efficiency while expanding its cryptocurrency offerings beyond Ethereum.

https://cryptodaily.co.uk/2024/05/paypal-takes-pyusd-to-solana-boosting-transaction-speed-and-cost-efficiency

#paypal #pyusd #solana

Vitalik Buterin Advocates for Layer 2 as Cultural Pillar of Ethereum

In a new blog post, Vitalik Buterin highlighted the unique role L2s play within the Ethereum ecosystem, fostering the creation of independent sub-ecosystems that still contribute to the broader Ethereum network.

https://cryptodaily.co.uk/2024/05/vitalik-buterin-advocates-for-layer-2-as-cultural-pillar-of-ethereum

#ethereum #layer2 #eth

Recent Poll Shows Just How Important Crypto Is For American Voters

In a recent poll on the role of crypto in the US 2024 Presidential election, nearly half of the voters polled declared that they expected to include crypto in their portfolios.

https://cryptodaily.co.uk/2024/05/recent-poll-shows-just-how-important-crypto-is-for-american-voters

#bitcoin #crypto #Grayscale #SEC #spotethereumETF #spotbitcoinETF #HarrisPoll

Blockchain Week 2024: Keynotes And Networking Opportunities At Australia’s Leading DLT Event

Blockchain Australia, the nation's peak blockchain and digital asset association, is preparing to host its annual conference, Blockchain Week 2024. The four-day event, themed “The Digital Convergence” will take place from June 11th to 14th in multiple iconic venues across Sydney, coinciding with the Vivid Sydney festival.

https://cryptodaily.co.uk/2024/05/blockchain-week-2024-keynotes-and-networking-opportunities-at-australias-leading-dlt-event

#Bitcoin #Ethereum #BlockchainWeek2024 #BlockchainAustralia #Web3 #Swyftx #tokenization #AI #DLT #Crypto

Elon Musk To Advise Donald Trump On Crypto Strategy During Election Campaign

Elon Musk is reportedly set to advise Donald Trump on cryptocurrency policy during his election campaign to help widen his voter base and attract digital asset enthusiasts.

https://cryptodaily.co.uk/2024/05/elon-musk-to-advise-donald-trump-on-crypto-strategy-during-election-campaign

#elonmusk #trump #cryptoregulation

How High Will Bitcoin Go?

For most investors the question uppermost in their minds must be “How high will Bitcoin go?” This is the hardest money asset on the planet, so surely a few multiples of the current price should be in order before Bitcoin falls into its customary year-long bear market?

https://cryptodaily.co.uk/2024/05/how-high-will-bitcoin-go

#Bitcoin #BTC #Crypto #TradingAnalysis #FibonacciSequence #BitcoinBullMarket

What Is Cryptocurrency Staking And How To Make The Most Of It? Choise.ai Offers Enhanced Returns With Its New Staking Platform


As May comes to a close, the cryptocurrency market is trending upward,

https://cryptodaily.co.uk/2024/05/what-is-cryptocurrency-staking-and-how-to-make-the-most-of-it-choiseai-offers-enhanced-returns-with-its-new-staking-platform

#CHO #cryptostaking

Zero-Gas Gaming On The Rise: Playnance Ecosystem Review

Playnance is a comprehensive ecosystem that recently made a splash in the Web3 gaming world. Its Layer3 blockchain solution, PlayBlock, set a record on Arbitrum Orbit for the highest daily transaction volume. Within a single month, PlayBlock processed over 11.5M transactions, averaging a staggering 500,000 to 600,000 daily executions. This achievement surpasses all 14 other Arbitrum Orbit gaming chains combined and solidifies its position as a leading Layer3 gaming ecosystem.

https://cryptodaily.co.uk/2024/05/zero-gas-gaming-on-the-rise-playnance-ecosystem-review

#Playnance #Web3 #GameFi #ArbitrumOrbit #PlayBlock #AccountAbstraction $USDP #Crypto #Playwall

3 Memecoins To Watch In June 2024

This year's bull market undoubtedly belongs to memecoins

https://cryptodaily.co.uk/2024/05/3-memecoins-to-watch-in-june-2024

#WIF #SLERF #SEDSE

Pepe (PEPE), Dog Wif Hat (WIF), And Now MAGA (TRUMP) Lead The Memecoin Surge

The memecoin niche has been pretty crazy over these last few months. With market capitalizations in the billions, memecoins continue to be one of the main front-running niches for the crypto sector. $PEPE, $WIF, and $TRUMP are among the leading gainers.

https://cryptodaily.co.uk/2024/05/pepe-pepe-dog-wif-hat-wif-and-now-maga-trump-lead-the-memecoin-surge

#Altcoins #Crypto #Memecoins #Maga $TRUMP $PEPE $WIF #Trading #Bitcoin

Polygon, StarkWare, Polyhedra Challenge zkSync Use Of The “ZK” Ticker

Polygon, StarkWare, and Polyhedra have vehemently opposed zkSync’s use of the ZK ticker and have demanded that Matter Labs withdraw its trademark application for “zero knowledge.”

https://cryptodaily.co.uk/2024/05/polygon-starkware-polyhedra-challenge-zksync-use-of-the-zk-ticker

#zeroknowledge #zksync #polygon

JPMorgan Predicts Significantly Lower Demand For Spot Ethereum ETFs

Leading bank JPMorgan has taken a pessimistic stance and predicted that demand for spot Ethereum ETFs will be significantly lower than that for their Bitcoin ETF counterparts due to several factors.

https://cryptodaily.co.uk/2024/05/jpmorgan-predicts-significantly-lower-demand-for-spot-ethereum-etfs

#jpmorgan #crypto #ethereum

What Is The Polkadot Treasury?

The Polkadot Treasury is a pot of funds collected via transaction fees, block production rewards, slashing, and staking inefficiencies. These funds are held in a system account accessible only by the system internal logic.

https://cryptodaily.co.uk/2024/05/what-is-the-polkadot-treasury

#polkadot #dot #trasury

Polkadot Price Analysis: Bearish Sentiment Reigns. Can DOT Stay Above $7?

The Polkadot (DOT) price faced significant resistance at $7.60, following which it declined considerably to below the $7 level over the next few sessions.

https://cryptodaily.co.uk/2024/06/polkadot-price-analysis-bearish-sentiment-reigns-can-dot-stay-above-7

#polkadot #dot #crypto

Crypto Weekly Roundup: Mt Gox Moves Billions, ZKasino Shenanigans & More

This week, significant amounts of Bitcoin were moved from Mt.Gox wallets as preparations for disbursement to creditors got underway. The news gave the crypto markets the jitters, with the Bitcoin price dropping below $68,000.

https://cryptodaily.co.uk/2024/06/crypto-weekly-roundup-mt-gox-moves-billions-zkasino-shenanigans-more

#cryptomarketrecap #mtgox #zkasino

Polkadot ($DOT) Price Analysis: $DOT Battles To Hold Its $7 Position Following Volatile Week

Polkadot began the week with a volatile session, with the price oscillating between $7.78 and $7.37 before settling at $7.63. A significant drop in the following days in a volatile market sees $DOT currently trading at $7.09. 

https://cryptodaily.co.uk/2024/06/polkadot-dot-price-analysis-dot-battles-to-hold-its-7-position-following-volatile-week

#DOT #polkadot