Mastercard is looking to help bring defined standards to the blockchain and Web3 ecosystems.The company is partnering blockchain platforms Polygon, Solana, Aptos Labs, and Ava Labs, on the common standards program it calls Mastercard Crypto Credential.Mastercard will also work with wallet providers Uphold, Bit2Me, Lirium, and Mercado Bitcoin on the program.Mastercard is partnering with several blockchain platforms in a bid to develop a new set of crypto standards aimed to boost the industry’s overall trust score.In an announcement at Consensus 2023 on Friday, the payments firms said it was teaming up with Polygon, Aptos Labs, Solana Foundation and Ava Labs, to develop the Crypto Credential.At #Consensus23, we announced how we are instilling trust in the blockchain ecosystem through Mastercard Crypto Credential. With crypto wallet providers @Bit2Me_Global, @LiriumAG , @MercadoBitcoin and @UpholdInc and public blockchain network organizations @AptosLabs,… pic.twitter.com/P33mtDVAas— Mastercard News (@MastercardNews) April 28, 2023According to the company, the Mastercard Crypto Credential is an effort targeted at incorporating the best of common standards into the crypto infrastructure and broader space providers to help instill trust in crypto from consumers, businesses and governments.Raj Dhamodharan, the head of crypto at Mastercard noted in a statement that building trust is a crucial step for the blockchain ecosystem as it looks towards mainstream adoption. Crypto Credential, he noted, is one way of pushing for “trusted, compliant, and verifiable” blockchain interactions.“With Mastercard Crypto Credential, we can help ensure that those interested in interacting across Web3 environments are meeting defined standards for the types of activities they’d like to pursue. Mastercard Crypto Credential will not only define verification standards and levels, but also provide necessary enabling technology to help bring more use cases to life” he added.Standards for verification in NFTsThe common standards being advocated for will also help with instilling trust in NFTs, with the partners collaborating towards enhancing verification in NFTs. Mastercard will also work with blockchain firms around verification in ticketing and other payments solutions.Solana, Polygon, Aptos Labs and Ava Labs are set to aid in having the new crypto standards available to and applied by developers within their ecosystems.Other than that, crypto wallet providers Lirium, Uphold, Mercado Bitcoin and Bit2Me will look to tap into the standards for their cross border transfers. The platforms will initially focus on crypto payments and remittances within the United States, Latin America and the Caribbean corridors.The post Mastercard partners Solana and Polygon on new crypto standards system appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/21m6rA7

<strong>Singapore, Singapore, April 28th, 2023, Chainwire</strong>“Alphie” bot currently specializes in the hot ZK & Optimistic Rollup sectors, with more to come<a href="https://www.ojamuai.com">Ojamu</a>, the AI & Blockchain-powered intelligence platform geared towards providing insights into the blockchain & Web3 economy, announced its latest product today, with the launch of its ChatGPT integrated bot “<a href="http://chat.ojamuai.com/">Alphie</a>”, available in both mobile and desktop versions.Alphie is an advanced, AI-driven ‘Alpha Finder’, providing valuable insights and in-depth analysis in the most cutting-edge areas of the cryptocurrency industry.Ojamu CEO and Founder Hal Bame commented, “The bot’s name comes from ‘Alpha’, which in many industries is seen as ‘hard-to-find’ or essential information. Alphie initially focuses on the incredibly popular and fast-moving ZK/Optimistic Rollup space, with leading chains such as Polygon & Arbitrum incredibly acitve, helping users understand complex concepts and terminologies that might otherwise be difficult to grasp and find necessary information on, as well as associated projects.”<a href="https://coinjournal.net/wp-content/uploads/2023/04/111png_1682697024JUfgnKl2YX.jpg">Media</a>Alphie’s capability goes beyond ‘lookups’. For example, it can break down whitepapers into more digestible information, in order to accelerate users’ research and help them to make better-informed decisions, find specifics on various technologies and understand how those projects differentiate from others.Key groups within the crypto/blockchain ecosystem will benefit from Alphie:●    <strong>Traders</strong> gain insights on project fundamentals, technology, and team credentials to make informed decisions and improve trading outcomes.●    <strong>Investors</strong> can make better investment choices based on solid evaluation of projects’ long-term potential by analyzing tokenomics, use cases, and market trends.●    <strong>Developers</strong> can easily assess complex emerging technologies like ZK/Optimistic Rollup scaling solutions to decide which is best suited to integrate into their projects.●    <strong>Crypto enthusiasts</strong> can expand their knowledge of the ZK/Optimistic Rollup space and stay up-to-date with the latest trends and developments thanks to Alphie’s ability to simply explain complex concepts.Alphie leverages ChatGPT AI technology and fine-tuning AI smart toolsets, as well as Ojamu’s own proprietary AI and data methodology, in order to provide as complete and up-to-date information as possible.Alphie demystifies ZK/Optimistic Rollups and other advanced blockchain technologies, making it easier for users to comprehend their advantages, limitations, and potential use cases. The bot can provide a comprehensive understanding of these two technologies, their underlying principles, benefits, and drawbacks. It can explain how these Layer 2 scaling solutions work, how they differ from each other, and how they can help address the transaction throughput challenges faced by various blockchain networks. Alphie can also delve into the potential risks and trade-offs associated with implementing these technologies, such as security and data availability concerns.Ojamu’s future product plans include expanding Alphie’s coverage to encompass all crypto categories and provide more advanced research and insights based on further technical and fundamental analysis. GPT-4 research and integration are already underway for enhanced AI performance and datasets, as well as improved natural language understanding capabilities, ensuring that Alphie remains at the cutting edge of AI-driven chatbot technology.For more information, visit: <a href="http://www.ojamuai.com/">www.ojamuai.com</a>About OjamuAlphie is the second product offering in Ojamu’s suite of AI-driven smart toolsets and is the first of its B2C product offerings. Ojamu is continually is looking to enhance and expand the Alphie suite of products, increasing its offerings both within the…

H.C. Wainwright analyst sees upside in Bitfarms to $2.0 a share.He explained his constructive view in a research note on Friday.Bitfarms stock has already nearly tripled since the start of 2023.Shares of Bitfarms Ltd have already nearly tripled since the start of the year but an H.C. Wainwright analyst is convinced that rally is far from over just yet.Bitfarms stock could climb to $2.0On Friday, Kevin Dede reiterated his “buy” rating on the bitcoin miner and said its shares could climb to $2.0 – up another 80% from here.The bullish call on Bitfarms stock arrives only hours after the company expanded operations in Argentina that increased its fleet hash to 5 EH/s.Estimates Dede has for 2023 are based on a hash rate of about 5.7 EH/s – a level he’s confident the miner will hit in its September quarter.This fleet expansion also came without further shareholder dilution – an added prize not universally shared across the spectrum of publicly traded bitcoin miners.Bitfarms Ltd is generating cashThe H.C. Wainwright analyst remains constructive on Bitfarms Ltd also because it did not slip into negative EBITDA even in the fourth quarter when thing went haywire for the crypto space at large.Other reasons cited for the constructive view on Bitfarms stock include its gross mining margin that declined sharply (year-over-year) in 2022 but still stood at a healthy 33% nonetheless. Dede said in his research note:We understand potential upside in Argentina. With greater financial flexibility via stronger balance sheet, Bitfarms has options to consider additional business development opportunities.Expansion in Quebec, Paraguay, and Washington State will help the share price as well, he concluded.The post Bitfarms stock still has another 80% upside from here, analyst says appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/gsKBZ4x

Market intelligence platform Santiment says wide price performance ranges have left crypto assets split between extremely overbought and underbought categories. The price outlook for OMG Network (OMG), Serum (SRM) and Vidt DAO (VIDT) suggests they are most underbought.Meanwhile, Render (RNDR), Injective Protocol (INJ) and Bella Protocol (BEL) are extremely overbought.Cryptocurrency prices have been quite volatile in April, with a number of coins seeing massive gains before toppling to pre-rally levels amid extensive selling. But the outlook of some tokens suggests they are trending in extremely overbought territory, while a few remain greatly underbought.Render (RNDR), Injective Protocol (INJ) and Bella Protocol (BEL) are all heavily overbought. OMG Network (OMG), Serum (SRM) and Vidt DAO (VIDT) fall in the latter category.Crypto price predictions for OMG, SRM and INJWhile Bitcoin (BTC) price is back above $29,000 on Friday and is trending with positive sentiment as bulls target a good start to the historically slow May, analysts say ending April above the key support of $28,200 is the critical move.Meanwhile, trading patterns for some altcoins suggest this might be a good buying moment – with market intelligence platform Santiment highlighting OMG, SRM and VIDT  as some of the most underbought tokens.However, with the global crypto market cap shrinking to $1.25 trillion from recent highs, some altcoins that rallied hard are massively overbought. These tokens, including RNDR, INJ, and BEL could be quite risky, Santiment explained on Friday.“Prices have been more scattered and non-correlated to one another here in April than in previous months. And our MVRV model confirms average trading returns appear as historically good times to buy for some ($OMG, $SRM, $VIDT), and quite risky for others ($BEL, $INJ, $RNDR).”📊 Prices have been more scattered and non-correlated to one another here in April than in previous months. And our MVRV model confirms average trading returns appear as historically good times to buy for some ( $OMG, $SRM, $VIDT), and quite risky for others ( $BEL, $INJ, $RNDR). pic.twitter.com/g6z1IAfySz— Santiment (@santimentfeed) April 28, 2023The MVRV (market-value-to-realized-value) model gives the ratio of a token’s market capitalization against its realized capitalization.As a comparison of the two metrics, that is market cap and realized cap, the MVRV ratio is often used to highlight the price of an asset versus its deemed fair value. Being above or below this “fair value” price helps traders assess the potential profitability of the token.The post Crypto price prediction: OMG Network, Serum, Injective Protocol appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/jKbeI7D

Venmo will roll out a new crypto transfer feature in May, allowing customers to send crypto to other Venmo accounts.Customers will also be able to buy tokens and send them to PayPal, external wallets and exchanges.Users will also be able to use a unique wallet address QR code to receive crypto from other people.Mobile payments app Venmo has announced that its customers will from May 2023 be able to buy crypto using their account and transfer these to family and friends on Venmo.Venmo, whose parent company is PayPal, revealed this as it outlined a new feature on Friday.Making it easy for customers to move cryptoAccording to a press release Venmo published on 28 April, the new functionality is part of the company’s effort to make it easier for customers to manage and move crypto.Dropping in to announce a new feature of ours: crypto transfers⚡Get started now. https://t.co/R9QtUENfae pic.twitter.com/UoeEAWVhlz— Venmo (@Venmo) April 28, 2023Other than being able to send crypto to other Venmo users, customers will also be able to send cryptocurrencies to PayPal accounts, external wallets and exchanges within the digital asset ecosystem. Any Venmo customer can navigate to the Receive page to access a unique digital asset address QR code. Customers can share this QR code with others when looking to receive funds.According to details shared in the news release, the crypto transfers feature will be available to Venmo users beginning May 2023.Venmo introduced crypto purchases for its customers in April 2021, and is a popular mobile app for those looking to buy Bitcoin. The platform added support for crypto price alerts in November 2021, allowing for push notifications for price alerts of Bitcoin, Ethereum, Bitcoin Cash and Litecoin. The post Venmo to enable crypto transfers for its customers in May appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/UgYOSHo

Bitcoin makes up about 48% of the total cryptocurrency market capitalizationThe share rises to 75% if we include Ethereum and TetherOther cryptocurrencies’ share declined despite the latest cryptocurrency market rallyThe cryptocurrency market bounced in 2023 and rallied right from the start of the trading year. As a result, Bitcoin is up +77.60% YTD, a remarkable performance in just four months. Other cryptocurrencies took the lead from Bitcoin. As such, the entire market bounced, as reflected by the total crypto market capitalization. By the end of 2022, it dropped to $755 billion following a bearish market but now reached $1.16 trillion. It means that investors regain confidence in the crypto space after the FTX scandal and other frauds. But besides Bitcoin, what other cryptocurrencies are favored by investors? Two stand out of the crowd: Ethereum and Tether. MediaEthereum and Tether keep pace with BitcoinThe chart above shows the total crypto market capitalization dominance in percentages. Unsurprisingly, Bitcoin leads with 48.58%. Its share rose from 40% at the end of 2023, in the detriment of other cryptocurrencies, such as USD Coin or Solana. Even Binance Coin lost share, sitting at 4.31% currently. The chart shows that only two cryptocurrencies keep pace with Bitcoin – Ethereum and Tether. Ethereum’s share remained stable even during the bearish market of 2022. The same with Tether. The three comprise about 75% of the total cryptocurrency market capitalization – a good statistic to consider next time when investing in cryptocurrency. The post Ethereum and Tether – the only cryptocurrencies keeping pace with Bitcoin appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/FYSvhUT

Bitcoin moves the cryptocurrency market Its dependency on the US dollar increased Bitcoin holders better believe that the US dollar is in a bearish marketInvesting in the cryptocurrency market is not for everyone. Volatility, for example, is much higher than in other markets. Sometimes, for no apparent reason, the prices of various cryptocurrencies bounce or decline aggressively, leading to speculation that the market is rigged. Lack of regulation might explain the moves, but surely investors wonder what moves the cryptocurrency market. The one and the only answer is Bitcoin. Its share of the total cryptocurrency market capitalization nears 50%. In other words, if Bitcoin’s price is rising, Ethereum or other cryptocurrencies can’t decline. And the other way around is true – if Bitcoin enters a bearish market, the other cryptocurrencies will follow. Therefore, the right question is not what moves the cryptocurrency market but what moves Bitcoin? Lately, Bitcoin moves following developments in the traditional currency market. More precisely, it follows the dollar. MediaBitcoin chart by TradingViewBitcoin follows the dollar’s strength or weaknessThe chart above shows Bitcoin’s performance from late 2021 to the present. Above, in orange, is the dollar index (DXY). It shows clearly that during the bear market of 2022, Bitcoin declined while the dollar strengthened. EUR/USD dropped below parity in 2022, trading as low as 0.96 at one point. The euro is the main component of the DXY, and thus the EUR/USD currency pair is the relevant one to consider. Bitcoin dropped, too, trading well below $20k. But then, in October 2022, the dollar bottomed. EUR/USD bounced above parity and rallied into the year’s end. It took Bitcoin until the end of the year to catch up with the dollar’s weakness. Eventually, it bounced too, rallying in 2023 and gaining over 75% in four months. To sum up, Bitcoin holders better believe that the US dollar will weaken lies ahead. Otherwise, it is difficult to hold Bitcoin if the dollar enters a bull market. The post What moves the cryptocurrency market? appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/arHm9iP

<a href="https://coinjournal.net/price/">Cryptocurrency prices</a> had a mixed performance last week as investors focused  on the impending collapse of First Republic Bank (FRC). After falling to a low of $27,100, the coin jumped to about $30,000, where it has been in the past few days. Here is a crypto price prediction for some of the top coins like Chainlink (LINK), Filecoin (FIL), and Pepe.Chainlink price predictionOn the daily chart, we see that the LINK has been in a consolidation phase in the past few days. The coin remains slightly below the important resistance point at $9.510, the highest point on November 8, August 13, and June 9. It is also below the key resistance level at $8.82, the highest point on April 19. The coin is also trading slightly below the 25-day moving average. Therefore, there is a likelihood that <a href="https://coinjournal.net/chainlink/">Chainlink</a> will have a bearish breakout as sellers target the green ascending trendline at $6. A break above the key resistance at $8 will see it jump to $9.51.<a href="https://media.igms.io/2023/03/30/1682850553386-4d881e88-ccd7-4d9e-9c5d-48392de25c28.png">Media</a>How to buy Chainlink eToro eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users. <a href="/visit/etoro-crypto?guid=MTM4MDc0&component=simple-table&language=en&country=US&position=1&totalPositions=2"> Buy LINK with eToro today </a> Disclaimer Public Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place. <a href="/visit/public-crypto?guid=MTM4MDc0&component=simple-table&language=en&country=US&position=2&totalPositions=2"> Buy LINK with Public today </a> Disclaimer Filecoin price prediction<a href="https://coinjournal.net/filecoin">Filecoin</a> price has been in a tight range in the past few days. The coin is trading at $5.9, where it has been recently. It has moved above the ascending trendline shown in green. FIL has moved slightly below the important resistance point at $6.60, the highest level on November 5 last year. The Relative Strength Index (RSI) has moved slightly below the neutral point at 50.Therefore, the Filecoin price will likely remain in this range in the next few days. More downside will be confirmed if the price moves below the ascending trendline. If this happens, the next key level to watch will be at $4.0.<a href="https://media.igms.io/2023/03/30/1682850553799-2765858b-76e0-42b6-9ba9-34ab893f07b9.png">Media</a>How to buy Filecoin eToro eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users. <a href="/visit/etoro-crypto?guid=MTM4MDc0&component=simple-table&language=en&country=US&position=1&totalPositions=2"> Buy FIL with eToro today </a> Disclaimer Binance.US Binance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry. <a href="/visit/binance-us-crypto?guid=MTM4MDc0&component=simple-table&language=en&country=US&position=2&totalPositions=2"> Buy FIL with Binance.US today </a> Pepe price predictionThe hourly chart shows that the Pepe crypto price has been in a strong bullish trend in the past few days. It has dropped to a low of $0.00000013 to about $0.00000061. This means that the token has jumped by over 300% from the lowest level this year. It has moved above all moving averages.Therefore, it seems like the Pepe token is having a bullish momentum. If this happens, the next key level to watch will be at $0.00000070. A move below the support level at $0.00000044 will invalidate the bullish view.<a href="https://media.igms.io/2023/03/30/1682850553536-89c0da97-0784-4045-a64e-eeaf0d7bcec1.png">Media</a>The post <a href="https://coinjournal.net/news/crypto-price-predictions-chainlink…

Casper Network price rose over 60% in April, hitting a high of $0.060.CSPR traded at around $0.059 at the time of writing, about 6% up in the past 24 hours.While CSPR price is above key support level, here’s the price outlook for Casper Network going into May.Casper Network price rose more than 60% in April as the value of the native CSPR rallied to above $0.060. The cryptocurrency’s price currently sits around $0.059, up 6% in the past 24 hours and nearly 16% higher in the past seven days.However, while the Casper token is one of the standout performers of the last month, it remains off its peak of $1.33 by some huge distance. According to data from CoinGecko, CSPR reached its all-time low of $0.022 in June 2022, meaning traders who took positions at these levels are 164% up on their investment.CSPR at current levels is -95% from the all-time high reached in May 2021.What is Casper Network (CSPR)?Casper Network, a layer 1 blockchain network targeted for enterprise adoption of the blockchain technology. CSPR is the governance token of the Casper blockchain, whose mainnet launched in 2021.As a native token, CSPR has multiple roles in the Casper ecosystem, including network fees, staking rewards and payments as a medium of exchange.The Casper Network has seen multiple projects built on top of its proof-of-stake blockchain. One of the projects on the smart contracts platform is layer 2 protocol Metis that migrated from Ethereum to Casper. Metis looks to boost development of Decentralized Autonomous Companies (DACs).Another project is patent encryption platform IPwe, which targets the creation of a decentralised database system for patent management and licensing. There’s also ACDX, a digital assets exchange for structured products and derivatives trading.Casper price prediction: What next for CSPR?MediaCSPR price 4-hour chart. Source: TradingViewCasper’s price could continue to rise into May and potentially break above $0.1. This outlook will materialise if CSPR price consolidates above $0.065, building new momentum for a breakout above $0.080. Above the $0.10 level, significant resistance will be around $0.13, with a bullish Casper price prediction of $0.20 in May.On the downside, CSPR’s outperformance over the past month could see traders eye profit taking deals. Such a scenario will definitely dent the bullish momentum and result in downward action, with a potential slump to $0.025.The post Casper price prediction: what next for CSPR after 60% rally in April? appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/sA5EOJH

Litecoin price traded above $90 on Sunday, with LTC hitting intraday highs of $91.60.While price has rejected twice above $100, the area remains a key target for bulls as Bitcoin retests the $30k level.If it breaks above the hurdle, fresh momentum heading into the Litecoin halving in August could catapult LTC price towards its all-time peak.Litecoin (LTC) is trading around the $90 level after bulls battled to regain some control following the sharp sell-off to lows of $84 this past week. The weakness in the price of LTC came after another dip in March that saw the price rejected at year-to-date highs of $106 in February.The decline occurred at a key horizontal resistance area at the $100 zone, which remains the main hurdle as Litecoin enters the last few months before its halving in August.Litecoin price: are bulls taking control?The LTC price rejection in the past weeks at $100 meant a double top pattern appeared, which signals bearish strength and highlights the potential for downward continuation. As it happened, LTC price broke below an ascending trendline support after hitting $103 on 18 April and a significant drop a few days later had LTC/USD hugging lows of $84.But despite the previous gains being wiped out by the decline, LTC is currently trying to maintain the $90 area after a critical daily close above it.  Bulls will need to confirm they are getting in control by pushing higher even as a potential rising channel appears on the daily chart.A look at the Relative Strength Index (RSI) shows the momentum indicator is just below the 50 line. However, the indicator is looking to cross above the signal line to suggest further possible accumulation of the altcoin.MediaLitecoin price LTC/USD daily chart outlook. Source: TradingViewLitecoin price prediction ahead of halvingWith approximately 100 days left before halving, the Litecoin price prediction for 2023 is bullish. The network has continued to see greater miner confidence, with the total hashrate for the blockchain recently hitting 760 terahashes per second(TH/s).760,745,039,240,513 beautiful hashes = today's combined computational strength, and security, of the #Litecoin blockchain! ⚡ pic.twitter.com/lWoO4eUqTC— Litecoin (@litecoin) April 21, 2023If the expected halving rally kicks in amid a broader market uptick, the two main targets above $100 will lie around $180 and then $300. The all-time high for LTC is around $410 reached in May 2021.On the flipside, a bearish reversal could see the long term resistance-turned support area of $65 come into play. Below that, the main buffer for Litecoin price remains the multi-year base around $40.The post Litecoin price prediction: can bulls pick up new momentum for LTC? appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/wSqgFcK

Bitcoin’s dip below $30,000 and subsequent retest of resistance above$29k highlights the past week’s top coins outlook.Shiba Inu (SHIB) price is below its 50 and 200 MA but analysts are bullish on SHIB given overall sentiment and network growth.Aptos (APT) price has formed a massive bull flag pattern that could see APT explode to new highs in 2023.The cryptocurrency market continues to see significant volatility as prices of various tokens fluctuate near key levels. Bitcoin (BTC) price fell to around $27,200 this past week and saw the global cryptocurrency market cap drop from above $1.34 trillion to $1.25 trillion amid broader sell-off pressure.BTC price is however back above $29,000 and has retested resistance near the psychological $30k level this weekend.At the same time, several altcoins that have recently seen dramatic declines look positioned for fresh moves, with cryptocurrency bulls buoyed by fresh turmoil in the banking sector with troubles for US bank First Republic.Here’s the price prediction for Shiba Inu (SHIB) and Aptos (APT).Shiba Inu (SHIB) price predictionShiba Inu price is down nearly 10% in the past two weeks, having traded lower from highs above $0.000011 recently.SHIB currently trades below its 50 MA and 200 MA, while the daily RSI is below 40 to suggest bears might have a slight advantage.  MediaShiba Inu (SHIB) daily price chart. Source: TradingViewBut the 16th ranked cryptocurrency, which remains one of the top memecoins with a market of $6.1 billion, has a growing community buoyed by the success of the testnet for layer 2 protocol Shibarium. On-chain data shows the protocol has enabled over 194,000 transactions and seen over 100,000 wallet interactions.If an upside flip in the price amid new buy Shiba Inu pressure, the main short term target will be the $0.000035 level. The 2021 all-time high provides another key level and a move to $0.01 could be the Holy Grail of the upcoming bull cycle.Aptos (APT) price predictionAptos (APT) is a new layer 1 blockchain network that’s benefitted from massive investment by venture capitals. The Aptos mainnet went live recently and the demand for the native APT token saw the price rally to the YTD peak of $19.92 in January.MediaAptos (APT) price daily chart. Source: TradingViewCurrently trading around $10 has the APT/USD pair roughly 46% off the January highs. However, analysts remain bullish on the Aptos price.Crypto analyst Captain Faibik recently highlighted Aptos bullish flag pattern. If a breakout follows, a move to $20 in the short term could be one of the main targets. Meanwhile, this Aptos price prediction for the medium term sees a potential burst to a new all-time high.The post Shiba Inu (SHIB) and Aptos (APT) price outlook as Bitcoin (BTC) tests resistance near $30k appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/bFRprwL

The global crypto market cap has dropped by 2.16%.Bitcoin has dropped by 2.60% while Ethereum has dropped by 3.26%.WSB is today’s top gainer after a 400% price surge.Meme coins are today’s top gainers as the majority of big cryptocurrencies plunge. WALL STREET BABY (WSB), a little-known meme coin, for example, has surged by 400.14% to become today’s top gainer.Other meme coins that have seen tremendous price gains include AiShiba (shibai), which at press time had surged by 171.21%, and PEPE which had surged by 128.14%.Crypto market droppingIt is interesting to see little-known coins take on major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). While the above-mentioned meme coins saw a triple-digit percentage rise, BTC saw a 2.60% decrease and Ethereum saw a 3.26% drop.Popular meme coins seem to follow the major cryptocurrencies as Shiba Inu (SHIB) and Dogecoin (DOGE) dropped by 2.48% and 2.97% respectively. So why are the little-known meme coins rising?Why are little-known meme coins surging?Well, the PEPE coin seems to be leading the way after OKX announced listing the PEPE/USDT trading pair starting today with PEPE withdrawals starting tomorrow. There is no major crypto news affecting the rest of the meme coins meaning they are riding on PEPE’s hype.PEPE has surged by 305% while the WALL STREET BABY (WSB) has raised by a whopping 1878.13% in the last seven days.The post Meme coins surge as market dips: WSB and PEPE lead the way appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/BMJ48YD

ETH price remained under pressure in the past few days.The collapse of First Republic Bank matters for cryptocurrencies.Ethereum price came under pressure on Monday after the collapse of First Republic Bank (FRC). ETH pulled back to a low of $1,827 as investors also waited for the upcoming interest rate decision by the Federal Reserve. It remains about 107% above the lowest level in 2022.First Republic Bank collapseThe biggest financial news on Monday was the collapse of First Republic Bank, the second-biggest bank to fall in the US. This collapse happened a week after the company announced that it lost over $100 billion in the first quarter. In a statement, FDIC said that the company will be acquired by JP Morgan, the biggest company in the US. The collapse of First Republic makes 2023 the worst year for banks since the 2008 financial crisis. We have seen banks like Signature, Silicon Valley Bank, Credit Suisse, and Silvergate Bank collapse. These collapses are positive for Ethereum and other cryptocurrency prices for two reasons. First, the collapse could mean that many people will move to cryptocurrencies like Bitcoin and ETH. While Bitcoin will benefit more in this transition, other altcoins like Ethereum will also benefit since cryptocurrencies have a positive correlation.Second, the collapse means that the Federal Reserve will likely consider the health of the banking sector when it starts its meeting on Tuesday. Minutes published last month showed that several officials were concerned about the banking crisis.Therefore, there is a likelihood that the Fed will consider pausing its interest rates in this meeting. The alternative is that the bank will decide to hike rates by 0.25%  and then point to a strategic pause in the near term.A change of tune by the Federal Reserve will be bullish for Bitcoin and Ethereum prices. Historically, cryptocurrencies tend to do well when the Fed is pivoting.Ethereum price predictionMediaThe daily chart shows that the ETH price has been in a bullish trend in the past few weeks. The coin has moved above the 50-day and 25-day exponential moving averages. This is a bullish sign. It has moved above the ascending trendline shown in green. It has also moved slightly below the key resistance level at $2,032, which was the highest point on August 12 last year. It is at the 23.6% Fibonacci Retracement level. Therefore, there is a likelihood that Ethereum will have a bullish breakout as buyers target the key resistance point at $2,500.How to buy Ethereum eToro eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users. Buy ETH with eToro today Disclaimer Public Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place. Buy ETH with Public today Disclaimer The post Ethereum price prediction: Here’s why FRC collapse matters appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/EAe2IUK

ApeCoin is home to one of the most valuable NFTs, with the Bored Ape Yacht Club (BAYC) continuing to attract fans and be one of the most sought-after meme coins. After a recent slump, ApeCoin’s price has surged in recent weeks. While this price action is impressive, the new crypto gaming platform Metacade is going from strength to strength after selling out its presale, snowballing now that it has hit decentralized exchanges (DEX).Metacade thrives after Uniswap listing.After the presale event sold out of its total token allocation, raising $16.4 million, Metacade listed its native MCADE token on leading DEX Uniswap in the first week of April and the CEX Bitmart on the 20th of April. MCADE’s momentum continues; investors who reserved their tokens during the presale round for between $0.008 and $0.02 have seen excellent returns during the early stages of its public listing.Meanwhile, Metacade recently announced an exciting partnership with MetaStudio, an innovative team of developers with extensive experience. More good news for the new MCADE token was that <a href="https://coinmarketcap.com/currencies/metacade/">CoinMarketCap</a> listed it within hours of the presale concluding. All of this positivity underlines the platform’s potential to become one of the leading crypto opportunities of 2023, with potentially vast returns on the horizon.ApeCoin price rallies after setbacksAPE, the native token of ApeCoin, suffered losses in early 2023 after community members voted against releasing two new NFT collections. Yuga Labs wanted to capitalize on the overwhelming success of its Bored Ape Yacht Cat (BAYC) with the release of the ApeCoin Armory Club and ApeCoin Pet Club. Members voted decisively against the proposals, with more than 83% of the community voting against them.In addition, a recent release of 7.3 million APE tokens caused a 10% drop in the ApeCoin price, while a further 15.6 million tokens are due to drop in mid-April, dropping even more tokens onto the market. However, there is some good news for those that hold ApeCoin coins with the news that the ApeCoin price has recovered from dropping below $4 at the end of March to its current value above $4.50.ApeCoin (APE) price prediction 2023All signs point to the ApeCoin price beginning to move after being stuck in the $4 to $4.20 range for several weeks. Many believe this is the beginning of a return to bullish price action for APE, with $8 achievable this year.Even the more pessimistic ApeCoin price predictions that see the token struggling to surpass $7 would return plenty for ApeCoin investors. Even then, these gains could be dwarfed by those possible with crypto gaming newbie Metacade. Here’s why.What is Metacade?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=58">Metacade</a> is a ground-breaking new play-to-earn (P2E) crypto gaming platform developed to provide gaming fans, crypto enthusiasts, and developers with a thriving community to hang out and collaborate. Blockchain technology will set the standard of what’s possible for future crypto-gaming platforms, particularly with its multi-faceted and comprehensive rewards system that goes beyond the usual GameFi norm of P2E.For example, the Create2Earn scheme rewards users for contributions to community building. Each time a user posts a piece of social content such as game reviews, alpha, or contributions to live chats and Reddit-style sub-forums.As well as giving crypto gaming enthusiasts the wherewithal to make the most of their gaming experience, thus maximizing the platform’s total addressable market (TAM), Metacade looks set to drive innovation in the wider GameFi sector with the introduction of the pioneering Metagrants scheme.Developers can submit their concepts to create new P2E games exclusively for Metacade in return for crypto funding to support their ventures. Each submission goes into a pool, which the MCADE community votes on, with the most popular ideas receiving funding from the…

Key takeawaysMCADE has topped the $0.027 mark as the cryptocurrency market begins to recover.First Republic Bank has been acquired by JPMorgan Chase as the banking woes in the United States banking sector continue.The banking woes have boosted Bitcoin’s position as a safe haven asset. Analysts are becoming bullish on Bitcoin and the broader cryptocurrency market thanks to the recent banking woes in the United States. MCADE is up by more than 2% in the last 24 hours and could rally higher as the broader crypto market looks to embark on a recovery.JPMorgan acquires First Republic BankJPMorgan Chase, one of the leading banks in the United States, has acquired the troubled First Republic Bank. This <a href="https://coinjournal.net/news/">latest cryptocurrency news</a> comes after the First Republic Bank was seized by the California Department of Financial Protection and Innovation.JPMorgan Chase will assume all assets of the embattled bank ding uninsured deposits. First Republic Bank currently has $229.1 billion in assets and $103.9 billion in deposits.Following the acquisition, 84 locations of First Republic Bank in eight states will now reopen as JPMorgan Chase. Furthermore, all depositors of the troubled bank will become a part of JPMorgan and have access to their total deposits insured by FDIC. First Republic Bank’s collapse is the third major one in the United States since the start of the year, a cause for concern amongst investors in the country, Crypto experts are predicting a bullish run for BitcoinThe recent banking woes have been favourable to the cryptocurrency sector. According to Standard Chartered analyst Geoff Kendrick, the recent events could see <a href="https://www.cnbc.com/2023/04/24/bitcoin-btc-price-could-hit-100000-by-end-2024-standard-chartered.html">Bitcoin rally to $100,000 by 2024</a>.In a note following First Republic Bank’s woes, Kendrick said;<em>“We see the potential for Bitcoin (BTC) to reach the USD 100,000 level by end-2024, as we believe the much-touted ‘crypto winter’ is finally over. The current stress in the traditional banking sector is highly conducive to BTC outperformance – and validates the original premise for Bitcoin as a decentralised, trustless and scarce digital asset,”</em>Bloomberg Intelligence’s <a href="https://www.bloomberg.com/news/articles/2023-04-30/bitcoin-s-btc-four-month-winning-run-brings-100-000-in-view-if-history-right#xj4y7vzkg">Jamie Douglas Coutts also pointed out</a> that Bitcoin could be on course for the longest streak of monthly gains since 2021. He stipulated that if 1% of global bond-market value moved toward Bitcoin, that would take BTC’s price to $185,000.The FOMC meeting this week could see the Federal Reserve increase interest rates by 25 basis points as it continues to fight against inflation.MCADE could rally higher in line with BitcoinThe continued banking crisis in the United States could boost cryptocurrencies like Bitcoin, Ether, and Metacade in the short and medium term. More investors could see assets like BTC and MCADE as safe havens compared to the traditional financial ecosystem.In addition to that, if the Federal Reserve adopts a more dovish approach to its interest rate hikes later this week, Bitcoin and other cryptocurrencies could greatly benefit.MCADE is currently trading at $0.0275 per coin and is close to the $0.034 all-time high price it set roughly two weeks ago. With MCADE set to list on the MEXC cryptocurrency exchange in a few days, the token will become available to millions of people globally, and this could boost its value in the near term. MCADE listed on Uniswap and BitMart last month and is set to list on MEXC this week. The token could also launch on several other cryptocurrency exchanges over the next few weeks and months. Is Metacade a good investment?MCADE could be one of the tokens to watch out for as an investor in the cryptocurrency space. The token has been performing well since the pre-sale event was concluded, and Metacade raised $16 million.As the Metacade team works…

At press time, the PAW token had dropped 10.90%.PawSwap team yesterday launched its PAW Staking Mainnet.So far about 200 trillion PAW tokens have been staked on the mainnet.Contrary to the expectations of many, the PAWSWAP (PAW) price has plunged after about 200 trillion PAW tokens are staked on the PAW Staking Mainnet which was launched on April 30, 2023. Interestingly, it has taken less than 24 hours for so many PAW tokens to be staked.Normally, such a great reduction of token supply would result in a significant price surge but that has not been the case for PAWSWAP, whose price had rather dropped by 10.68% at press time. The staked PAW tokens account for 0.2% of the total PAW token supply.PawSwap roadmapThe launch of the mainnet for staking is the first major product to be launched for the PAW ecosystem. The project has a robust roadmap including PawChain blockchain and cross-chain decentralized exchange (PawSwap), focusing on security, speed, and a user-friendly experience for trading crypto assets.The PAW Staking Mainnet is Live! We are happy to report our staking platform, which is our first major PAW Ecosystem product delivery, has been deployed.You can visit https://t.co/VVNxUpRThp to get started and get staking!In the next few days, the PAW team will provide the… pic.twitter.com/LjsGxfiC7w— PAWChain (@PawChain) April 30, 2023CertiK has already confirmed that the newly launched mainnet “meets their standards.” In addition, the PawSwap team also said that it will be chairing a report on the audit status of the mainnet with its community.The PawSwap team started with the launch of the PAW token on the Ethereum network and has now launched the PAW Staking Mainnet.While the launch of the staking mainnet and the subsequent token staking seem not to have stirred a bullish PAWSWAP price movement, the launch of the PawChain blockchain and cross-chain decentralized exchange (PawSwap) is expected to increase PAW token demand which could, in turn, result in a price surge for the PAW token.The post PAWSWAP price plunge as trillions of PAW are staked appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/S91ybfC

WOJAK price has jumped from around $0.00006 on 25 April to the all-time peak reached earlier today.While the total cryptocurrency market cap is down 1.5% in the past 24 hours amid Bitcoin’s struggles near $28k, the new meme crypto token is flying.Skyrocketing prices for WOJAK come after the massive gains for the frog internet meme coin Pepe (PEPE).The price of Wojak (WOJAK), a token that trades on exchanges such as Gate.io and Bitget, has hit a new all-time high above $0.00065 today. On Tuesday morning, the WOJAK token was up more than 74%. Meanwhile, over $91 million worth of volume has been traded in the past 24 hours.While the price at the time of writing was around $0.00058, the overall gains for WOJAK/USD was more than 570% in the past seven days. Wojak’s market cap was $41,121,268 at 6.50 am ET on 2 May, ranking the small cap altcoin 496th on CoinMarketCap.What is Wojak?Wojak is a new cryptocurreny project that looks to offer people a chance to explore the world of memes via a decentralised network.The native token of the platform is WOJAK, whose inspiration is the iconic internet meme that bears the same name. WOJAK is designed to help holders engage in activities such buying, selling of memes. Apart from trading the tokens, holders can also use them to take part in community events.Why is WOJAK price up today?Today’s price gains for the WOJAK meme coin come after the team announced a second community NFT mint. Speculation on the token is also likely driven by the huge upside for another memecoin.With the token launching a few weeks ago, traders have looked to it as they FOMO following the sensational gains for Pepe (PEPE). Pepe is an Ethereum-based memecoin inspired by the popular Frog internet meme, and which looks to follow in the footsteps of successful projects like Dogecoin and Shiba Inu.While PEPE price is up over 2,000% since its all-time low on 18 April 2023, the price of WOJAK has jumped more than 1,171% since hitting the all-time low of $0.00004902 on 21 April 2023.Some investors have looked to cash in on the huge profits collected over a period to see Wojak currently trade nearly 7% off the all-time high price. And although the memecoin still looks strong, its possible more profit taking could result in a significant price dump. As noted, the WOJAK tokens currently trade on a few notable CEX platforms, as well as the leading decentralised exchange Uniswap.The post Wojak (WOJAK) price up 570%: Here’s why this new memecoin is flying appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/dkqta90

Sui IOU price continued rising ahead of the project’s mainnet launch. According to CoinMarketCap, the token has jumped by more than 20% in the past 24 hours to $2.20. In all, the token has risen by over 23% in the past few days even as mainstream cryptocurrencies like Bitcoin and Ethereum retreated.Sui mainnet launch aheadSui describes itself as a layer-1 platform that makes it possible for the developers to build decentralized applications (dApps). The blockchain has advanced features that has faster transaction costs, is elegant and easy to use, and has no defects in its design.The biggest news this week will be the platform’s mainnet launch that is scheduled for Wednesday this week. This launch will come a few months after the network went through a few weeks of testing and validation.Sui faces an uphill battle in the industry because of the competition in the sector. The biggest competition is from Ethereum, which has a stronger market share in the industry. It dominates other layer 1 networks like Avalanche, Solana, and Aptos among others.Sui will also compete with other layer 2 networks like Optimism, Polygon, and Arbitrum. These layer-2 networks aim to improve the key challenges of Ethereum by boosting speeds and lowering transaction costs.Justin Sun apologyThe other important Sui news was an apology by Justin Sun, the founder of Tron and the de-factor CEO of Huobi, a leading exchange. In a statement, Sun said that he had agreed to refund $56 million to Binance after a token grab for the token.In a statement on Monday, Changpeng Zhao of Binance said that he had warned Sun that the company would take action if he used the large amounts of SUI tokens from Binance Launchpool. He argued that Launchpool are meant as airdrops for retail investor not just a few whales. https://twitter.com/cz_binance/status/1652949031524376579Therefore, focus among traders will be on how SUI will trade when the network’s mainnet launches and when the airdrop from Binance Launchpool happens. Like with most new tokens, I suspect that the SUI token price will pop on Wednesday and then pull back as insiders start taking some of their profits. The post SUI IOU price spikes ahead of Airdrop, mainnet launch appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/wr6X42o

George Town, BVI, May 2nd, 2023, ChainwireThe Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.Nolus, an interoperable application on Cosmos, has secured $2.5 million in pre-seed and seed funding to tackle inefficiencies in DeFi money markets.The recently concluded $20 million valuation seed funding is backed by Dorahacks, Everstake, Cogitent Ventures, Token Metrics Ventures, and Autonomy Capital, among others, and will allow Nolus to fully complete the technological backbone and further expand the platform both within and outside the Cosmos ecosystem. The Advisory Board members Zaki Manian, Strangelove, and Shane Molidor will ensure Nolus solidify its cross-chain presence.The novel DeFi Lease solution by Nolus unlocks the full potential of crypto money markets by reducing the industry’s steep over-collateralization requirements, resulting in significantly improved capital efficiency and much more favorable lending options for users. The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets through whitelisted yield-bearing strategies. With the added support of liquid staking derivatives, the Nolus protocol will create a cornerstone use case for LSDs for the Cosmos ecosystem in the form of self-repaying loans.About NolusNolus defines a money market between lenders looking to earn yield on deposited stablecoins and borrowers looking to amplify holdings with more assets than their current equity at lower risk and retained ownership.The Protocol utilizes a semi-permissioned PoS blockchain built using the Cosmos SDK and a WASM smart contract engine that executes in an isolated sandbox model focused on interoperability, security and performance. Interoperability itself is at the core of Nolus’ offering as the Protocol utilizes IBC and Interchain Accounts to tap into a diverse set of liquidity hubs without creating fragmentation across chains.After months of testing, Nolus will open its public mainnet in May.Website | Twitter | DiscordContactMarketing and Communications, Nolus Protocol, comms@nolus.ioThe post Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/gQhj7RS

Sweat Economy (SWEAT) has launched the “Sweat Wanderer” prize draw that is open to all up to 14 May 2023.Registering and staking at least 25 SWEAT tokens via the Sweat Wallet app will see users eligible to win an all-expenses paid global tour to see the Seven Wonders of the World.The winner, to be announced on Monday 15 May 2023, will also receive $2000 to spend.Sweatcoin, a health and fitness app that seeks to encourage healthier living through rewards for daily physical activities, has announced a new prize draw that will see the winner “travel the world.”The Sweat Economy app was the top downloaded health and fitness app in the world in 2022 with over 65 million downloads.Sweat Economy prize offers all-expense paid global tourDubbed “Sweat Wanderer,” the draw is open till 14 May 2023 and will see the winning participant get a chance to explore the Seven Wonders of the World. The all-expenses paid trip will last a month, the Sweat Economy team said in a blog post published 2 May 2023.According to the platform, the global tour will be for two (winner and a person of their choice) with flights and accommodation covered. The prize also includes $2,000 in cash as spending money.To participate, one needs access to Sweatcoin and the Sweat Wallet app and complete a registration process.Once you opt-in to the crypto section of the wallet app, you need to “stake” at least 25 SWEAT tokens to be eligible for the Sweat Wanderer prize. After that, all one has to do is take and share photos and videos online, as well as be open to an interview discussing experiences.The “Sweat Wanderer” winner will be unveiled on Monday, 15 May 2023 at 2pm UTC.Sweat Economy (SWEAT) priceSweatcoin launched in 2016 before going on to unveil its SWEAT token in September 2022 ( it had a record airdrop) to help incentivize users in a Move-to-Earn (M2E) ecosystem. SWEAT allows for real-world transactions and prizes in this growing Web3 economy.The platform raised $13 million in its private token sale in July 2022, led by Spartan Capital and Electric Capital among others. In March 2023, the team revealed plans to relaunch SWEAT in the US.The price of SWEAT reached a high of $0.091476 in September 2022, but currently hovers around $0.00834872 after declining more than 90% during the crypto winter. The circulating supply was 5,797,310,970 at the time of writing, while total supply is 22,473,969,566 (data from CoinGecko).The post Health and Fitness app Sweat Economy launches new “travel the world” prize draw appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/8t5VSdI

Key takeawaysMicroStrategy has recorded a profit for the first time in nine quarters, thanks to Bitcoin’s rally since the start of the year.AltSignals has completed 62% of its presale and looks to raise over $300k in the coming weeks.Market experts believe that the cryptocurrency market could record massive gains over the next few weeks and months. MicroStrategy, one of the biggest bulls in the cryptocurrency space, has recorded a profit for the first time in nine quarters. The positive performance was attributed to Bitcoin’s 70% in the first quarter of 2023. With Bitcoin and the broader cryptocurrency market rallying, new projects are emerging that seek to improve certain areas of the ecosystem. One of these projects is AltSignals. AltSignals is looking to change how traders approach cryptocurrency trading. The project has already raised more than $600k in its presale event and will use the funds to complete the development of some of its products. MicroStrategy records profit in Q1MicroStrategy, the largest public holder of Bitcoin, <a href="https://decrypt.co/138564/bitcoin-rally-puts-microstrategy-green-first-time-9-quarters">posted a profit</a> in the first quarter of 2023. This is the first time MicroStrategy is recording a profit in nine quarters, with the bear market affecting its activities. The profit recorded by MicroStrategy was thanks to Bitcoin’s rally during Q1. The <a href="https://coinjournal.net/bitcoin/">Bitcoin price</a> rose by more than 70% in the first quarter of 2023. The rally allowed MicroStrategy to repay its loan and tap a one-time tax benefit of $453.4 million.Despite the bear market, MicroStrategy purchased 7,500 BTC in the first quarter of 2023, bringing its total holdings to 140,000 BTC, making it one of the largest Bitcoin holders in the world. Crypto prices could still rise, says Grayscale analystsIn response to the current market conditions, analysts at Grayscale believe that <a href="https://grayscale.com/monthly-report-2023-april-newsletter/">cryptocurrency prices could still rise</a>. The analysts cited the declining inflation figures in the United States, and the Federal Reserve’s rate hikes move as two factors that could result in the prices of cryptocurrencies soaring higher in the near term. In addition to the positive news from MicroStrategy, Grayscale analysts pointed out that the failures of several regional banks demonstrate that investors continue to display an appetite for crypto during times of economic uncertainty.The experts believe that there are several factors that could impact Bitcoin’s price in the short term, and the Fed’s upcoming rate hike could be one of them. AltSignals’ demand could increase as investors troop inThe broader cryptocurrency market could benefit from MicroStrategy’s bullish move. As more investors enter the cryptocurrency space, demand for new projects could increase.One of the projects that could gain attention is <a href="https://token.altsignals.io/">AltSignals</a>, thanks to its niche-focused approach to the market. Still in its <a href="https://token.altsignals.io/#how-to-buy">pre-sale stage</a>, AltSignals has raised more than 60% of its required funds. AltSignals could be the focus of investors thanks to the ActualizeAI product it is building and its other catalogue of services. AltSignals seeks to make it easier for traders to trade cryptocurrency futures, forex, and a few other financial assets. The project’s AltAlgo too simplifies charts and indicators, making the entire trading process easier for people. With more traders in the market, AltSignals could see higher adoption, and ASI’s value could record massive gains. AltSignals could be a good buy as market sentiment improves<a href="https://www.altsignals.io/">AltSignals</a> could be an excellent investment as the market sentiment improves. Market experts believe that the bull market could be close, and prices of most cryptocurrencies could set new all-time highs.With the prospect of a possible bull cycle, AltSignals could be one of the…