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Crypto analytics firm Santiment thinks that Ethereum (ETH) and alt coins related to the top smart contract platform will leave many traders on the sidelines. Santiment says it is keeping a close eye on Ethereum’s average transaction fee, which nosedived to its lowest level since October 18th, 2023. According to the analytics firm, the slumping gas fee is a solid signal that Ethereum is in the midst of carving a local bottom. “Ethereum’s average fee level has dipped to just $1.12 per network transaction, the lowest average cost in a day since October 18th. Traders historically move between sentimental cycles of feeling that crypto is going ‘To the Moon’ or feeling that ‘It Is Dead,’ which can be observed through transaction fees. These fees will tend to peak (and sometimes diverge) around price tops, and go back to its resting state around price bottoms. With markets mainly retracing over the past six weeks, the lack of demand and strain on the network may help

The Crow with Knife price has soared 73% in the past 24 hours to trade for $0.000000089929 as of 07:50 a.m. EST. Trading volume skyrocketed 250%, with investors celebrating the first meme coin on Cronos. $CAW went from $1mil marketcap to 116mil MC in 5days as the first #memecoin on Cronos. Don't fade $WAVE which is the first Memecoin on #VenomNetwork which raised a billion dollars to invest in #Web3. Don't miss the beginning #WeAreVenom.@WeAreVenomeme #CAW #Crypto $VENOM #BTC pic.twitter.com/1g8yzvnAAl — Cryptotemplar ℵ (@CryptoTemplars) April 30, 2024 The euphoria around the token saw its market capitalization hit $100 million in just five days. This was after it was listed on the Cronos chain and XYFinance trading platforms. 🔥 Congrats @crow_with_knife for hitting 100M market cap 🚀 #XYFinance has listed $CAW on @cronos_chain ⚡ Bridge & swap any token on 20+ chains to $CAW on #Cronos seamlessly 🔗 https://t.co/C4L4fAciFT crow with knife pic.twitter.com/0XeF

Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading. Data showed trading volumes hit just over $11 million, against expectations of over $3oo million. Bitcoin price fell below $62,000 again amid market reaction to less than encouraging numbers from the first day of trading for much hyped spot Bitcoin and Ethereum ETFs in Hong Kong. BTC was down about 1.4% at the time of writing, having touched lows of $61,587 across major crypto exchanges. The benchmark cryptocurrency, which has struggled to reclaim key levels since its recent halving event, was seeing a 24-hour trading volume of $28.4 billion. Bitcoin price and Hong Kong spot ETFs debut Earlier, Bitcoin price surged to above $64,000 as the six spot Bitcoin and spot Ethereum ETFs went live in Hong Kong. The flagship cryptocurrency rose to over $64,727 on US-based crypto exchange Coinbase. BTC also soared after reports Hong Kong approve

Despite a recent downward trend, some experts remain optimistic about Dogecoin’s future. The question of whether it will reach $1 in this bull run is a hot topic. Experts suggest that Dogecoin, along with other altcoins, could experience an increase in value soon, following a market upturn anticipated after the recent Bitcoin halving. Dogecoin (DOGE) price analysis Dogecoin, once a meme cryptocurrency, has become a serious player in the crypto market. Despite recent price drops of 7% daily, 12% weekly, and 34% monthly, many investors view these dips as buying opportunities. Dogecoin is encountering resistance at the $0.14 to $0.16 range, a threshold it needs to overcome to potentially see a price increase. The repeated selling at this level has contributed to the recent downtrend, but it also offers a lower entry point for investors. Technical Analysis shows a triangle formation on the charts, indicating a potential for significant price movement soon. If the price breaks below

Russia will not impose a total ban o cryptocurrency transactions in the country as some reports claimed. That’s according to Anton Gorelkin, the Deputy Chairman of the State Duma Committee on Information Policy, Information Technologies, and Communications. Reports that Russia is eyeing a complete ban on crypto turnover in the country amid geopolitical tensions are incorrect, a lawmaker has said. Earlier reports cited new legislation aimed at controlling the crypto ecosystem as Russia looks to promote its digital finance system and the ruble. No ban on crypto turnover On Monday, Anton Gorelkin, the Deputy Chairman of the State Duma Committee on Information Policy, Information Technologies, and Communications, dismissed these assertions, which had earlier been attributed to State Duma officials. Goreklin said in a Telegram post that, while a new bill looks at banning cryptocurrency exchanges in the country, it does not seek a total ban on crypto turnove

The current crypto market defies widespread expectations. According to data from past bull cycles, it is clear that the Bitcoin rally precedes the emergence of the next cryptos to explode . That explains why many traders assumed that funds from the Bitcoin uptrend usually rotate into altcoins.  In light of the current market dynamics, it’s important to reassess our predictions. This article takes a closer look at the performance of cryptocurrencies leading the gainers list in the past 24 hours. Our primary goal is to identify potential investment opportunities and provide detailed information about each token to our readers. Next Cryptocurrency To Explode  Meanwhile, traders and investors are exploring opportunities to search for crypto tokens that might yield significant returns. Many top trending cryptos in the last seven days are already-known projects. The list below also mentions 99Bitcoins, a recently launched cryptocurrency with promising potential. The details of the project

The renowned crypto casino, Mega Dice, recently initiated an ICO, swiftly raising over $500,000 by offering its new token, $DICE. As the presale gains rapid momentum, crypto enthusiasts are hurrying to secure their tokens before the price surges. Let’s delve into the specifics and uncover the reasons behind the considerable excitement surrounding $DICE. Hottest Solana GameFi token $DICE raises $500k in presale The excitement surrounding the new Mega Dice Token (DICE) isn’t fading. Its presale has quickly exceeded $500,000, drawing significant interest to this GambleFi project. The focus is especially on its ambitious $2.25 million airdrop campaign. The $DICE token serves as the native cryptocurrency of the casino, with the project’s objective being to establish it as the top GameFi platform on Solana’s network. As of now, each $DICE token is priced at $0.069, available for purchase using SOL, ETH, or BNB. Mega Dice has issued a total supply of 420,000,000 $DICE tokens, with 35%

Bitcoin (BTC) remains stuck in familiar territory, consolidating below the $65,000 threshold, with its next directional move yet to materialize as uncertainty lingers.  However, in a TradingView post on April 25, cryptocurrency trading expert TradingShot posits that Bitcoin is poised for a noteworthy breakout, drawing insights from its historical price actions. According to the expert, Bitcoin could be preparing for its most aggressive price movement yet, with a staggering target of $300,000. The analysis highlighted Bitcoin’s successful test and retention of the Mayer Multiple (MM) mean, a metric used to assess the current price of BTC relative to its historical moving average. Picks for you Is a market turnaround near? Whale scoops up 4,380 BTC in a month 17 mins ago 3 cryptocurrencies under $1 to buy next week 19 mins ago This is how much Ted Cruz is up on his Bitcoin bet 1 hour ago Ripple v. SEC court case update as of April 26, 2024 4 hours ago

Franklin Templeton tokenizes US Gov Money Fund on Polygon and Stellar for P2P transfers. Franklin Templeton is competing with BlackRock’s Ethereum-based BUIDL fund in the tokenized assets niche. Franklin Templeton maintains a 32% market share. In a move that marks a significant advancement in the realm of digital asset management, Franklin Templeton has announced the token ization of its US Government Fund on the Polygon and Stellar blockchains. By embracing blockchain technology, Franklin Templeton aims to enable peer-to-peer transfers for shares in its Franklin OnChain United States Government Money Fund (FOBXX), represented by the BENJI token. Franklin Templeton competing with BlackRock Franklin Templeton’s initiative comes amidst a competitive landscape, with BlackRock’s new BUIDL fund emerging as a formidable contender in the token ization space. Partnering with Securitize on Ethereum, BlackRock’s BUIDL fund has swiftly garnered market share, albeit

Shiba Inu unveils Shibarium plans including upgrades to ShibaSwap and the introduction of TREAT token. Kangamoon blends meme culture and Play-to-Earn using $KANG token. Ongoing Kangamoon presale has raised $5,727,717.801 with 67.9% tokens sold. Shiba Inu (SHIB) has set its sights on groundbreaking developments within the Shibarium ecosystem, unveiling a roadmap packed with ambitious projects and upgrades. Meanwhile, amidst the buzz surrounding Shiba Inu’s plans , Kangamoon emerges as a contender, capturing attention with its unique approach to meme culture and innovative Features . Shiba Inu plans for the Shibarium ecosystem Shiba Inu, renowned for its vibrant community and ambitious projects, recently revealed its roadmap for the Shibarium ecosystem. This roadmap promises extensive improvements and developments spanning decentralized finance (DeFi), gaming, community engagement, and technical infrastructure. What's coming in 2024/2025 for #Shibarium

In what is a reversal from its previous stance, Standard Chartered has said that a Spot Ethereum ETF approval is not likely to arrive in May. Indeed, the bank has recently revised its outlook regarding the ETH investment vehicle and the impending decision from the US Securities and Exchange Commission (SEC). All eyes have been on the digital asset to follow Bitcoin’s Spot ETF approval earlier this year. The SEC had greenlit 11 of the BTC investment vehicles in what has certainly been a beneficial development for the industry. Yet, it doesn’t appear as though Ethereum’s iteration of the product is set to arrive in the coming month. Also Read: Ethereum ETFs To Face Rejection By May, VanEck CEO Claims Standard Chartered Reverses Forecast for Spot Ethereum ETF in May At the start of 2024, the digital asset industry awaited with bated breath the arrival of Spot Bitcoin ETFs in the United States. The inaugural approvals were expected to have an undeniable impact on the market.

BlackRock’s Bitcoin ETF, IBIT, has achieved a significant milestone since its launch in January 2024, securing a spot among the top ten ETFs with the longest streaks of daily investment inflows. As of April 23, IBIT has seen a consecutive 70 days of inflow s, highlighted by a record $37.9233 million net inflow on the first trading day post-Bitcoin’s fourth halving event. This influx has boosted the total historical net inflow of IBIT to a substantial $15.479 billion, according to data from SoSoValue. BlackRock dominates with steady inflows BlackRock’s (NYSE: BLK) preeminence in the investment sector is evident, managing over $10 trillion in assets. The consistent inflow into IBIT underscores the growing interest in cryptocurrencies as a legitimate investment avenue. Picks for you Bitcoin aims $70,000 this week as FOMO takes over the crowd 48 mins ago AI predicts HBAR price for May 1, 2024 52 mins ago Blocktrade Arcade breaks the 1 million gameplays mark wi

In a groundbreaking initiative, Lugano, Switzerland has embraced the forefront of financial technology by integrating Bitcoin (BTC) and Tether (USDT) into its tax payment system. Starting from today, residents and businesses in Lugano have the option to use these two cryptocurrencies for settling various municipal bills, including those related to property and income taxes. This pioneering decision marks Lugano as one of the initial global cities to incorporate cryptocurrencies like Bitcoin and Tether for the payment of all municipal charges and services. The city’s leap into the crypto world is a testament to its commitment to integrating this innovative technology into everyday financial transactions. Lugano and Tether’s broader “Plan B” strategy The implementation of this crypto-based tax payment option is a key component of Lugano and Tether’s broader “Plan B” strategy. This ambitious plan aims to revolutionize the city’s financial infrastructure using blockchain technology, wit