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SOL Price Analysis: Solana Rally Could Resume Above $60

Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could start a strong increase if it clears the $60.00 resistance.

Solana (SOL) Price AnalysisSOL price started a decent upward move from the $51.20 support zone. The price formed a base and was able to climb above the $53.50 and $55.00 levels.

There was a clear move above the 23.6% Fib retracement level of the downward move from the $68.18 swing high to the $51.28 low. Besides, there was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair.
DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition

On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday, “I would eliminate the IRS, have a single rate, and just do a flat tax.”

DeSantis Targets IRS Overhaul and Flat Tax in 2024 Presidential RaceIn a recent series of town hall gatherings, U.S. Republican presidential contender Ron DeSantis appeared alongside Nikki Haley, the former Republican Governor of South Carolina. At the CNN-sponsored event, DeSantis engaged with potential GOP caucus-goers and moderators, delving into a variety of national issues and sharing his presidential aspirations. Addressing the audience and CNN’s Kaitlan Collins, DeSantis reaffirmed his commitment to disband the U.S. federal tax authority, the IRS, articulating:

I would eliminate the IRS, have a single rate, and just do a flat tax — That would be the ideal tax system.
Do Kwon’s Triumph: Montenegro Revokes His Extradition To U.S.

Do Kwon, founder and ex-CEO of the now-defunct Terraform Labs, has notched a minor victory after a court in Montenegro cancelled his extradition to the United States for the second time.

The appellate court of Montenegro accepted the appeal of Kwon’s defence lawyers in a panel session on Wednesday, according to a statement issued by the court.

The High Court of Podgorica initially made the decision to deport Kwon in December. However, his attorneys lodged an appeal a few weeks later, and he was allowed to remain in Montenegro while the appellate court heard the case.
Ripple Price Analysis: Bulls Struggle To Start Fresh Surge

Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price must stay above the $0.580 support to remain in a bullish zone.

Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.6250 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.

The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7442 and the price recently corrected lower. There was a move below the $0.660 and $0.650 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5300 swing low to the $0.7442 high.
Bitgert Coin Expected by Analysts to See Startling 1800% Surge In The Future

Imagine a world where Bitgert (BRISE) is a symbol of advancement in cryptocurrencies, and innovation is the future. Ever since its modest inception on the BNB Chain in July 2021, Bitgert has been dedicated to transforming defi.

After starting as a unique venture, it has already achieved a market valuation of $117,517,319.05, with a current price of $0.000000305) per BRISE. The tokens in this cryptocurrency revolution have given early holders phenomenal, life-changing returns; none have done so more spectacularly than BNB’s astounding 521,351% increase since launch. This is comparable to the exchange-based cryptocurrency token Bitgert.
Goodbye Ethereum Spot ETFs — US SEC Angling To Reject Offering With Approvals Touted For 2025

The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.

According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
Franklin Templeton Spot Ether ETF Added On DTCC Website, Fueling Hopes For SEC Approval

Franklin Templeton’s proposed spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corp.’s website with the ticker symbol EZET. This development indicates a possible signal that the U.S. Securities and Exchange Commission (SEC) could greenlight the ether ETFs.

Franklin Templeton’s Ether ETF Launched On DTCCThe Franklin Ethereum TR Ethereum ETF (EZET) is now listed on the DTCC — a key platform for securities transactions in the United States.

The Depository Trust & Clearing Corp.’s website’s “Create/Redeem” column lists EZET, signifying its availability for creation and redemption. The listing marks a preliminary step in the trading process, but it does not guarantee that the SEC will approve the spot Ethereum ETF.
Ripple Meets With National Bank of Georgia To Discuss Digitization of Country’s Economy

San Franscisco-payments firm Ripple is working with the National Bank of Georgia (NBG) to digitize the local economy.

Acting governor Natia Turnava and Varlam Ebanoidze, head of the NBG’s tech development department, recently met with Ripple executive James Wallis to enhance financial technology cooperation, according to a LinkedIn post from June 8.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Dogecoin (DOGE), Shiba Inu (SHIB), And ETFSwap (ETFS) Set To Lead Meme Coin Rally

As Dogecoin (DOGE) and Shiba Inu (SHIB) begin their recovery from the recent crypto crash, the ETFSwap (ETFS) token enjoys sustained bullish momentum that could lead the meme coin rally in Q3 2024. 

Dogecoin’s Worst Days Are Likely Over Dogecoin (DOGE) may yet see some bullish momentum if it manages to recover above the $0.12 price. A correction between 50%-60% was on the way for Dogecoin as it headed toward a recovery.  

An analyst and co-founder of Mechanism Capital, Andrew Kang, predicted that if there are coins capable of creating new highs in Q4 2024 or Q1 2025, they’ll be just a handful. Holders of the Dogecoin (DOGE) meme coin are optimistic about it making up the handful and spearheading a rally in meme coins.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Crypto Analyst Says Bitcoin Indicator Is Flashing a Bullish Signal – Here Are His Targets

A widely followed crypto analyst says that the flagship crypto is showing signs of a bull run.

Crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that the Bitcoin (BTC) bull-bear market indicator is showing bullish signals.
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
JPMorgan Chase, Bank of America and Five Wall Street Giants Forecast Relentless Rally for One Asset in 2025: Report

Seven Wall Street giants including JPMorgan Chase and Bank of America believe one asset is primed to rally in the year ahead.

The big banks collectively see gold moving to new all-time highs through 2025 amid expectations of more interest rate cuts from the Federal Reserve and more central bank accumulation around the globe, reports Reuters.