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With Bitcoin (BTC) descending back to the area around $60,000 following the underwhelming results of the first Hong Kong spot Bitcoin exchange-traded funds (ETFs), artificial intelligence (AI) algorithms are pessimistic in terms of its future price for the next month. Indeed, the six Hong Kong ETFs that offer exposure to Bitcoin and Ethereum (ETH) have significantly missed their targets by a wide margin, reaching a combined trading volume of $11 million, a minuscule fraction of the anticipated $125 million, sending the cryptocurrency market tumbling. BTC price prediction As for its future performance, the advanced AI algorithms do not see Bitcoin’s troubles ending in the next few weeks, predicting it would hit the price of $53,476.60 by May 31, 2024, as per data shared by crypto analytics and forecasting platform PricePredictions on April 30. Picks for you Investors adjust their bets on Fed's interest rate cut for 2024 12 mins ago Ripple eyes Japan with new

The non-fungible token trading sales volume has tanked again this month, marking the third consecutive month since the NFT market began its downward spiral. The NFT market began drowning in February this year after the hype that drove its resurgence faded. NFT Sales Fell 36% In April 2024 Data fetched by cryptoslam.io, an on-chain multi-chain non-fungible token market explorer and a crypto market data and analytics firm, indicates that the global non-fungible token market has tanked again this month. In the past 30 days, the global NFT market has recorded a trading sales volume of $1.05 billion, representing a 36% drop from the previous month. Bitcoin, the same blockchain network that powers the flagship crypto, was the most-traded blockchain network in the non-fungible token ecosystem this month. In the past 30 days, Bitcoin-based NFT collections have amassed a trading sales volume of $486 million. Ethereum, the blockchain network renowned for powering the majority of blue-chip n

A sense of fear is creeping up in the cryptocurrency market as investors focused on the upcoming Federal Reserve decision. The closely-watched crypto fear and greed index has crashed from the extreme greed zone of over 80 to the neutral phase of 58.  This price action happened as the price of  Bitcoin remained in a tight range between $70,000 and $60,000 and other altcoins like Solana,  Avalanche (AVAX), and Cronos (CRO) have all plunged hard recently. Still, there are some positive signs, with  BitBot   raising over $3 million in its token sale. Federal Reserve decision ahead Bitcoin and other altcoins have retreated sharply ahead of this week’s interest rate decision. Economists expect that the bank will continue with its hawkish tone in this meeting since inflation has remained stubbornly high. Data released this month revealed that the headline Consumer Price Index (CPI) rose to 3.5% in March while core CPI jumped to 3.8%. A separate report released l

Fueling the excitement around AI and meme coins, WienerAI, a newcomer in the cryptocurrency scene, surged to $600,000 during its late-April presale. Investors are eagerly embracing the innovative WienerAI concept, seeing its potential for 10x growth as it distinguishes itself in the crowded meme coin market. WienerAI, blending elements of dog, AI, and sausage, merges two of the industry’s hottest trends: AI and meme coins. What is WienerAI? According to the project’s whitepaper, WienerAI (WAI) is an AI token that combines artificial intelligence, loyalty of dogs, and the charm of sausages – inspired by the Dachshund, also known as a sausage dog. Described as the first Wiener/Dog/Artificial Intelligence hybrid, WienerAI is more than just a digital asset; it’s touted as the most powerful cybernetic being in the universe. Moreover, the whitepaper outlines WienerAI’s goal to dominate the cryptocurrency charts with its precision vision module, aiming to become the “top dog.” It promi

The Helium price soared 13% in the past 24 hours to trade for $5.141 as of 01:41 a.m. EST on trading volume that surged over 160%. With the surge, HNT has featured on the daily top gainer’s list, alongside GTAI, NVIR, GLM, and CAW. 🔥 Top 5 gainers today 1. #CAW +45% 2. #GLM +19% 3. #NVIR +19% 4. #HNT +14% 5. #GTAI +13% View the complete list here: https://t.co/hI3ZsqAzby $CAW $GLM $NVIR $HNT $GTAI pic.twitter.com/QgrO4rp5Sq — Coinranking.com (@coinranking) April 29, 2024 According to some, this surge for the decentralized blockchain-powered network for Internet of Things (IoT) devices is ascribed to a reawakening among altcoins, citing capital rotation from the BTC market. #ALTCOINS and #BITCOIN are making a comeback. Use Cryptolume's advanced #cryptoscreener to catch quick opportunities#BTC #ETH #HNT #KAS #THETA #LDO #AR #CRO #XMR #CKB #ICP #USDT #DAI #USDC #FDUSD #TRX #FTM #MKR #BGB #BNB pic.twitter.com/OlJkqFF27Z — Marko

Meme coins have emerged as a popular choice among investors seeking potentially high returns. While these tokens often start as lighthearted projects, some have managed to gain significant traction and build strong communities around them. In this article, we will explore the top three meme coins that have the potential to deliver 10X gains and could be worthy additions to your portfolio: Dogwifhat (WIF), Shiba Inu (SHIB), and Dogecoin (DOGE). Also read: Shiba Inu Makes Crucial Shibarium Announcement: Can SHIB Hit $0.0001 In May? Dogwifhat (WIF) Source: Coinpedia.org Currently trading at $3.03, Dogwifhat (WIF) has experienced a 2.27% increase in the past 24 hours. The coin’s 24-hour low and high stand at $2.87 and $3.34, respectively. Dogwifhat’s strong community and growing interest in its ecosystem are what set it apart. As more investors discover the potential of this meme coin, demand for WIF could skyrocket, leading to significant price appreciation. With its u

The Popcat price surged 25% in the last 24 hours to trade at $0.4734 as of 6:05 p.m. EST on trading volume that soared 43% to $123 million. POPCAT is also the top weekly gainer among the largest 100 cryptos by market capitalization, with a 185% surge, according to Cryptobubbles.net .   Popcat Price Rebounds On Support: Is Another Rally Gearing Up? After dropping from the $0.4420 resistance level, the Popcat price is rebounding. Bulls have found support around $0.3240, which has helped push the price back toward the $0.5480 resistance zone. POPCATUSDT Chart Analysis . Tradingview.com Despite a minor setback, the Bulls are resilient enough in pushing the price back up to the $0.5480 mark, showing signs of ongoing upward movement.  The daily technical indicators paint a bullish picture for POPCAT.  The price currently trades above the 50-day and 200-day simple moving average, suggesting a potential upward trajectory and reinforcing positive market sentiment. The MACD line is above

Shiba Inu (SHIB) is one of the most popular cryptocurrencies in the market. SHIB became a household name after the asset rallied by many million percent between its launch in August 2020 and October 2021, when it reached its all-time high. However, the dog-themed crypto has been on a bearish path for most of the time since its 2021 highs. Shiba Inu (SHIB) has faced a 6.4% correction in the last 24 hours and a 12% jump in the weekly charts. However, SHIB is down by 20% and nearly up by 140% since April 2023. However, despite the volatile SHIB price, the community has started forecasting higher price levels for the second-largest meme coin. Also read: Solana Hold Steady Above $155: Can SOL Hit New ATH In May? Source: CoinGecko When will Shiba Inu (SHIB) hit $0.01? According to the popular AI (Artificial Intelligence) chatbot ChatGPT, SHIB could hit $0.01 by 2030, about 6 years from now. The chatbot stated, ‘ Given Shiba Inu ’ s robust community support, ongoing effor

Bitcoin has touched the $67K price milestone, signaling a new era of BTC pricing post-Bitcoin halving. Halving was dubbed a monumental event that was supposed to trigger an altcoin rush in the cryptocurrency market, ushering in a new era for tokens. With that said, the halving jitters are slowly making their way into the altcoin markets. The event influenced major meme tokens and currencies, which in turn are noting a new price surge in their valuations.  As the world inches towards exploring new meme tokens as the new lucrative financial paradigms, here are our top three meme coin suggestions that may disseminate exponential returns in May 2024.  Also Read: Cryptocurrency: 3 Top Coins To Buy For 70x Profits This Bull Season  3 Meme Coins To Watch In May For Double-Digit Returns  Image Source: WatcherGuru Cryptocurrency #1: DogWifHat DogWifHat, or WIF, took the Internet by surprise earlier when Bloomberg reported a striking development that may involve WIF capitali

Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop . This drop comes amid growing speculation that the highly anticipated Ethereum ETFs will likely be rejected by the US Securities and Exchange Commission (SEC) in the upcoming May deadline. US Bitcoin ETF Issuers Brace For SEC’s Expected Denial According to a recent Reuters report, various US Bitcoin ETF issuers and firms anticipate the SEC’s denial of their applications to launch ETFs tied to the price of ETH.  These expectations have been fueled by “discouraging meetings” between the applicants and the regulatory agency in recent weeks, as disclosed by four individuals familiar with the matter. Related Reading: Stellar The New Star: XLM On Tear As Analyst Predicts $0.47

The Hedera price plummeted 34% in the last 24 hours to trade at $0.1132 as of 00:15 a.m. EST on trading volume that dropped 13% to $1.9 billion. This comes after BlackRock confirmed that it has ‘no commercial relationship’ with Hedera and that it did not choose the Hedera Hashgraph to tokenize any BlackRock funds, which include shares of its $22 billion money market fund. On Tuesday, Hedera announced that blockchain firms Archax and Ownera tokenized BlackRock’s ICS U.S. Treasury Fund on Hedera. The Hedera token, HBAR rallied 100% after that announcement. Today we witness #RWA history as @BlackRock’s ICS US Treasury money market fund (MMF) is tokenized on @Hedera with @ArchaxEx and @OwneraIO, marking a major milestone in asset management by bringing the world’s largest asset manager on-chain 🏦 pic.twitter.com/1Kye8cjAJx — HBAR Foundation (@HBAR_foundation) April 23, 2024 Many misinterpreted the post to suggest BlackRock played an active role in the tokenization effort. However,