Analysis Daily News TheBitTimes.com

Gold (XAU) has forged incredible price milestones as of late. The precious yellow metal is trending on all levels, trading and hovering at $2,382 at press time. The metal may continue to project a bullish onset, but not without experiencing a few price corrections as several assets do in their wake to prosper ahead.  Also Read: Gold vs.USD: World Dynamics Are Favoring Gold Over USD Gold Prediction: What’s Up With the Precious Metal? Source: iStock Gold is now inching towards a new price, ATH. The precious yellow metal has gained incredible strength as of late, banking on the decaying global economic prospects to tempt investors.  However, XAU’s road towards a new price high does not look easy. Per Rashad Hajiyev, a notable financial expert, GOLD may undergo a few price retests before ascending and breaching the price level of $2,400. The asset may peak nevertheless, but an immediate breakout is not on the cards, as Hajiyev later adds.  In a post uploaded on X,

The cryptocurrency market exhibits mixed market signals, posting a 0.43% increase in market cap. However, the trading volume took a massive hit, declining by 21.65%, indicating investors are being careful. Consequently, this market sentiment has led to a bearish trend for cryptos . However, this presents an opportunity to capitalize on the dip for the Altcoin Season post-halving. Numerous promising low-priced cryptocurrencies provide investors with an affordable entry point into the market. Consequently, Insidebitcoins has curated a list of the top five tokens that align with this description. 5 Best Cheap Crypto to Buy Now Under 1 Dollar Today’s evaluation provides investors with valuable insights for analyzing the growth potential of various altcoins. Various altcoins trading below 1 cent are experiencing an uptick. This trend signals promising investment prospects for investors.  Furthermore, we analyze Beam, GameStop, Kaspa, and Floki as notable investment options. These low-ca

As the Solana price sets its sights on $200, it is meme coins like Sealana ($SEAL) that are making a splash, as its presale accelerates towards the finish line. Sealana has raised $1,230,000, with no sign that the appetite for SOL meme coins is letting up. The opportunity to catch a swim with the next big thing in Solana meme coins is too good to miss. Selling at a fixed price of $0.022, the new meme coin can be bought with SOL, ETH, USDT or USDC, as well as a fiat option using a bank card. From $WIF to new breed $MANEKI, Solana-based meme coins are all the rage as the Layer 1 Solana chain demonstrates a stability that was lacking in its earlier days and an efficiency and cheapness of transactions that threatens to leave Ethereum struggling to compete. Since March 12 Solana has been consistently outperforming both Bitcoin and Ethereum, as the chart below shows: Notable antecedents to Sealana include both SLERF and newer slitherer Slot

Bitcoin surges past $66k after US CPI data triggers buyside pressure Here’s why QCP Capital analysts say BTC could run to $74k Bitcoin price surged past the $66,000 mark on Thursday to hit highs last seen in April amid a fresh dose of bullish sentiment. BTC price reached $66,699 on US-based crypto exchange Coinbase, extending gains seen when markets soared on softer-than- expect ed US inflation data released on Wednesday. Bitcoin price outlook: QCP Capital says bulls can reclaim the ATH According to analysts at QCP Capital, the bullish momentum currently surrounding Bitcoin could see prices run to highs of $74,000. The market reaction to the US Consumer Prices Index (CPI) data release, as well as the broader traction for spot Bitcoin ETFs, are potential catalysts. “US CPI numbers triggered a break out of the range across risk assets. BTC has since traded back above 66k. ⁠We expect bullish momentum here that could take us back to the highs of 74k. The de

Cryptocurrencies powering NFT ecosystems have been gaining notable attention. According to recent data from Santiment, a leading crypto analytics platform, three NFT-related coins have emerged as top contenders to watch in May based on their notable development activity over the past 30 days: Decentraland ( MANA ), Flow (FLOW), and Metaplex (MPLX). ‍ Here are #crypto's top #NFT-related coins by notable development activity in the past 30 days: 1 @decentraland $MANA 2 @flow_blockchain $FLOW 3 @metaplex $MPLX 4 @enjin $ENJ 5 @thesandboxgame $SAND 6 @aavegotchi $GHST 7 @axieinfinity $AXS 8 @monaverse $MONA 9 @nftx_ $NFTX 10… pic.twitter.com/hXK7ZaNMng — Santiment (@santimentfeed) May 14, 2024 Also read: Dogecoin: How High Can DOGE Surge This Week? Decentraland (MANA)  Decentraland is a decentralized virtual reality platform built on the Ethereum blockchain.Users can purchase, develop, and monetize virtual land parcels within the Decentraland metaverse using the pla

The Bitcoin (BTC) network activity has dropped to lows previously seen in February 2019, five years ago. At that time, BTC was trading at $6,380 – ten times lower than its current price of $63,800. Finbold retrieved premium data from Santiment on May 15, which shows a 5-year low count for Bitcoin’s 30-day active addresses. Essentially, this metric looks at the number of distinct addresses participating in a transaction in the last 30 days. Each address is counted only once for the window and represents the overall network activity in a given period. Notably, the Bitcoin network registered 12.64 million active addresses in this window, a count previously seen in February 2019. BTC was trading at the $6,380 price level with massive volatility in the final phases of a bear market. Picks for you CROSS THE AGES secures $3.5M in equity round led by Animoca Brands 36 mins ago Bitcoin ‘danger zone’ is ‘officially over,’ What’s next for BTC? 2 hours ago We asked ChatG

A US Court is enforcing an SEC subpoena that will force Elon Musk to testify in court again in their investigation of his Twitter Takeover. A Tuesday court filing revealed that the SEC will continue questioning Musk in court following his $44 billion Twitter acquisition in 2022. JUST IN: Elon Musk ordered to testify in the SEC's investigation into his $44 billion Twitter acquisition. pic.twitter.com/Da2Z4fPGmK — Watcher.Guru (@WatcherGuru) May 14, 2024 The SEC sued Musk in October 2023, hoping to get the Tesla and former X CEO to testify. Before the lawsuit, Musk refused to sit down for an interview for the investigation in September. Musk claimed the SEC was trying to “harass” him with a number of subpoenas. To counter the argument, the SEC responded that they were, in fact, working within its bounds and was, in fact, granted authority by law to seek testimony and documents as it continued its investigation. The SEC is investigating whether Elon Musk broke

Coinbase users claim they can’t withdraw their funds from the world’s second largest exchange despite it announcing it had ‘fully recovered’ after a system-wide outage. The platform suffered the three-hour-long outage on Monday but in the early hours of Tuesday, it claimed to have resolved the problem and apologized for the inconvenience.  However, a slew of users on X (formerly Twitter) have responded to the recovery announcement claiming that they still can’t withdraw their funds.  According to one user, “It’s not fixed, withdrawals are not available!!,” while another posted “@X can we get community notes here. This tweet is false as millions of people are still unable to withdraw or transfer their assets .” We can’t withdraw Fix this sh*t please — M0 (@LynnCassidyEth) May 14, 2024 Read more: Big Brother surveillance dystopia is now reality at Binance Coinbase told users, “We are aware that some users may still experience issues while sending Crypto currency or withdraw in

In a major move to enhance its presence in the Asia-Pacific region, OKX, a leading cryptocurrency exchange, has launched its Australian platform under local regulation. The announcement was made by Oscar Piastri of McLaren Racing, a key sponsor of OKX, at a media event in Sydney on May 14. Jamie Kennedy, General Manager of OKX Australia , stressed the importance of providing a secure, user-friendly platform tailored to the needs of Australia n crypto users. Kennedy further states, “Australian crypto users deserve a platform that is secure, easy-to-use, and responsive to their needs, which include seamless access to banking rails as well as AUD pairs for the most popular cryptocurrencies. It’s my job to make sure that while we offer the best product, we also invest in compliance and security to give peace of mind to our users.” Trading Options and Banking Integration OKX’s Australian platform will feature 170 crypto trading pairs. Besides spot trading, it will also of

The Toncoin price has surged 20% in the past 24 hours to trade for $7.2793 as of 08:23 a.m. EST on trading volume that skyrocketed 210%. It comes amid hype around the Catizen GameFi expansion after an announcement from Fanton. Based on a post on X, Fanton, a P2E-game, and Catizen, a cat-themed metaverse, are coming together in a collaboration that will benefit TON. ⚽️ Fanton ✕ Catizen 😼 We are pleased to announce great collaboration with Fanton!🔥 Let’s join forces to develop on TON! 👉 About Fanton: 📚 Fanton is a p2e-game where you choose football players who you believe will perform in REAL matches this weekend in the top leagues of… pic.twitter.com/aRKVCDvovw — Catizen (@CatizenAI) May 13, 2024 With this surge, TON has earned a place on Crypto Bubbles’ top gainer s’ list. It is also at the helm of WEEX crypto futures trading platform’s list of top gainer s. 💸#WEEX Daily TOP 5 Gainer (May 13,2024)! 💰 $TON $SHIB $RUNE $AAVE $BTC Tag us & tell us which coins are your

In recent developments within the cryptocurrency sector, the anticipated growth post-halving has not unfolded as projected. This has led to a turbulent market phase. Furthermore, this period of downturn persisted until a recent decision by the Federal Reserve, which sparked a slight activity in the market.  Meanwhile, Bitcoin price drops to $60,934.11 as the Federal Reserve evaluates strategies against persistent inflation in the United States. Attention has now pivoted towards significant altcoins such as AIOZ, Lido DAO, Tellor, Catwifhat, and THORChain, each showing varied performances as the new trading day commences.  6 Best Altcoin to Invest in Now  The cryptocurrency market is showing mixed signals. While some altcoins are experiencing gains, others face trading downturns. Therefore, investors are advised to closely watch market trends and trading volumes to make informed decisions. Catwifhat, a new meme coin operating on the Solana blockchain, has exploded by 278% in the la