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Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry is constantly evolving, with the recently released Wall Street Memes ($WSM) coin capturing the interest of investors worldwide. The Wall Street Memes Presale has surpassed $1.8 million as investors rush to participate in the hottest memecoin presale in years. The excitement surrounding $WSM shows no signs of abating, with many in the investment industry expecting it to skyrocket once it is listed on major exchanges. The presale success of Wall Street Memes hits the trading community Wall Street Memes is a brand-new meme coin that is dominating the cryptocurrency industry. At the time of writing, this presale has raised over $1.8 million, which translates to around $300,000 each day. The excitement around Wall Street Memes’ presale has already sparked rumors that it may reach its hard cap of $30,577,000 if the current trend continues in the coming weeks. Early investors can now purchas

The Ripple price prediction shows that XRP is attempting to cross above the upper boundary of the channel. Ripple Prediction Statistics Data: Ripple price now – $0.52 Ripple market cap – $27.2 billion Ripple circulating supply – 51.9 billion Ripple total supply – 99.9 billion Ripple Coinmarketcap ranking – #6 XRP/USD Market Key Levels: Resistance levels: 0.60, $0.0.64, $0.0.66 Support levels: $0.42, $0.40, $0.38 XRPUSD – Daily Chart XRP/USD peaks at $0.52 today, as the coin heads toward the upper boundary of the channel. However, Ripple (XRP) will have to stay above the 9-day and 21-day moving averages in other to guide against the downward pressure while the closest support expects the coin at $0.45, which could be a daily low. Ripple Price Prediction: Ripple Likely to Hit $0.70 High At the time of writing, Ripple (XRP) is likely to trend to the upside. However, the movement above the upper boundary of the channel could push the coin to the resistance levels of $0.60,

Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said. The Russian government is no longer planning to launch a regulated national cryptocurrency exchange but rather wants to regulate multiple crypto trading platforms. After introducing a plan to create a national crypto exchange in November 2022, Russian lawmakers have abandoned the idea, according to State Duma member Anatoly Aksakov. As previously reported, the local government was considering launching a unified crypto exchange as part of the Moscow Exchange. Instead of setting up a unified crypto exchange, Russia now wants to set rules for creating and managing such platforms, Aksakov said, the local news agency Izvestia reported on May 29. Russia’s Ministry of Finance was reportedly among the authorities that didn’t support the plan for a national crypto exchange. Aksakov, who leads the Duma’s financial markets committee, noted that crypto exchanges would allow Rus

Michael van de Poppe, CEO and founder of MN Trading, notes that Litecoin (LTC) could break above the resistance at $93 and initiate a pre-halving rally in the new week. In a tweet, van de Poppe observed LTC found support at $82 and only needs a bounce to enter the new phase. Request 01 – $LTC Many squigglies on this chart, but higher timeframe resistance is at $93. Currently, support found at $82 and a strong bounce -> weekly candle looks good. Next week breaking through $93 and the Halving rally might start. pic.twitter.com/k8Xtp70Tai — Michaël van de Poppe (@CryptoMichNL) May 27, 2023 Van de Poppe explained his LTC Analysis using a screenshot of the LTC/USDT daily chart on TradingView. He explained that many squiggles in the price chart could affect the short-term LTC price behavior. However, according to the renowned crypto analyst, the trend looks more profound in the higher time frame, with the $82 support more obvious on the weekly chart. LTC’s next halving

The market intelligence page Messari shared in a tweet published yesterday that the usage of Polkadot(DOT) cross-consensus message format (XCM) has expanded beyond asset transfers. According to the post, the number of XCM channels increased by 60%. At press time, DOT was changing hands at $5.37 following a 24-hour gain of 1.88% according to CoinMarketCap. Despite the recent increase in DOT’s price, its weekly performance remained in the red at -0.32%. The altcoin not only strengthened against the dollar over the past 24 hours, but also outperformed the two crypto market leaders Bitcoin (BTC) and Ethereum (ETH) during this time period. At press time, DOT was up 0.06% against BTC and 0.96% against ETH. 4-hour chart for DOT/USD (Source: TradingView) DOT’s price had flipped the resistance level at $5.3350 into support over the last 24 hours and had attempted to do the same with the next major resistance obstacle at $5.3951. Bears, however, had stepped in to defend the p

One of Bitcoin’s most vocal skeptics who has spent the last decade trying to convince Bitcoiners that BTC is worthless is bullish on Ordinals. advertisement Economist and an adamant gold proponent unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction. Schiff’s announcement shocked the crypto community with his announcement to say the least. Crypto Community Reacts To Peter Schiff’s Announcement Cryptp Twitter expressed shock and confusion on the economist’s announcement. Some even checked if his account was hacked as it was so hard to believe. Crypto entrepreneur Anthony Pompliano tweeted, “Welcome, Peter. We have been awaiting your arrival.” To which Schiff replied, “I haven’t arrived yet. But here’s your chance to buy something to commemorate what you hope will be the early days of Bitcoin , and its most steadfast critic. If I’m wrong, these signed, original prints may have a lot of value one day.”

Binance, the largest crypto exchange by trade volume, launched an NFT lending option. Binance announced 0% gas fees and the ability to borrow Ethereum (ETH) without selling assets. Loans are for folks who need money quickly but don’t want to sell their NFTs. It utilizes what Binance refers to as a “Peer to Pool” mechanism, in which Binance NFTs serve as a loan pool, and the quantity of ETH that users can borrow is dependent on the floor price of their NFTs. The system uses Chainlink (LINK) and OpenSea data. Binance’s NFT Loan service now supports four popular collections, but more are coming shortly. Binance says, “Initially available with select high-profile NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki, and Doodles, the innovative feature introduces the benefits of decentralized finance (DeFi) to the Binance NFT community. More collections are expected to be added in the near future.” Since June 2021, Binance

US Denies Contingency Plan According to a report by WSJ, Treasury officials had quietly been preparing for the possibility of delaying certain payments after June 1. With the deadline fast approaching and Congress yet to raise the debt limit, the Treasury was seeking flexibility by considering payment delays until it had sufficient funds to cover the full day’s bills. While discussions surrounding this plan had taken place across the government, no instructions were given to agencies to alter their payment procedures. advertisement Read More: McCarthy Stays Optimistic, Claims “We Could Get Debt Ceiling Deal Any Time” Earlier reports had revealed that the Treasury reached out to counterparts in federal agencies to explore the option of delaying payments due before early June. By postponing payments until June 15, the expected influx of quarterly tax payments could potentially provide additional funding, thereby extending the default deadline into July. This strat

Join Our Telegram channel to stay up to date on breaking news coverage Terraform Labs executives Do Kwon and Han Chong-Joon, arrested in Montenegro for using fake documents to leave the country, have been denied bail.  Terraform Labs Executives Appeal for Bail of 400,000 Euros The decision to release them to house arrest on a bail of 400,000 euros has been appealed by prosecutors. The Basic Court will review their bail again, and there is no limit to the number of times the court’s decisions can be appealed. NEW: Terra founder Do Kwon denied a previously granted bail deal of $880,000 by a higher court in Montenegro The prosecution argued Kwon would have no interest to stay in Montenegro once released to await extradition pic.twitter.com/See7cJqDFZ — Coinage (@coinage_media) May 24, 2023 South Korean and U.S. authorities and Singapore are seeking the extradition of Do Kwon, co-founder of Terraform Labs. He faces multiple charges, including commodities fraud, securities fra

Join Our Telegram channel to stay up to date on breaking news coverage Hong Kong is on the verge of introducing fresh guidelines for the cryptocurrency industry, granting retail investors the opportunity to participate in crypto trading. This development showcases Hong Kong’s resolve to solidify its position as a leading financial hub in digital assets, despite ongoing conflicts between digital asset companies and regulatory bodies in other Asian nations. Hong Kong to Introduce New Guidelines for Crypto Trading, Consolidating Financial Hub Status The Securities and Futures Commission of Hong Kong is scheduled to announce the outcomes of its consultation on retail participation during a briefing on Tuesday. It is anticipated that the commission will proceed with its plan to enable individual investors to trade major cryptocurrencies like Bitcoin and Ether starting next month, subject to appropriate safeguards. In an effort to restore its status as a cutting-edge financial hu

The rise of the BRC-20 token market has sparked a flurry of activity. Still, it’s also brought challenges, including fragmented liquidity. One DeFi platform aims to solve these issues, bringing harmony to the BRC-20 ecosystem. Bitcoin’s recent Taproot upgrade birthed a new protocol known as Taproot Ordinals. This innovation now allows users to mint BRC-20 tokens on Bitcoin. While these tokens are still somewhat under the radar, their impact is increasingly evident in Bitcoin transaction numbers. The growing demand has put a strain on Bitcoin, resulting in higher transaction fees. For investors wanting BRC-20 tokens, availability is a key concern. Multiple projects are rising to tackle these challenges, including a decentralized finance (DeFi) platform called ALEX. Fostering DeFi growth In April 2021, entrepreneurs Dr. Chiente Hsu and Ms. Rachel Yu noted the rapid expansion of DeFi and the relative lack of mainstream adoption. To help DeFi mature, they decided to create ALEX, an automa

Join Our Telegram channel to stay up to date on breaking news coverage A breath of relief as Binance is finally off the hook on the $8 million Tinder “pig butchering” lawsuit a Texas woman filed on March 22.  The news comes after Judge Mazzant ruled on the case where the plaintiff, a lady from Texas, accused Binance of having a hand in an eight million dollar loss. According to his ruling, the District Judge noted the plaintiff did not provide sufficient evidence of Binance’s involvement in the alleged scam.  Binance won dismissal from a lawsuit brought by a Texas woman who said she was swindled out of $8 million as part of a crypto fraud orchestrated by a man she met on Tinder https://t.co/EsTU0H5DWX — Bloomberg (@business) May 23, 2023 The Involved Parties in The $8M Tinder Pig Butchering Lawsuit Several parties are involved in this lawsuit. First, there is the plaintiff, a Texan lady named Divya Gadasalli. There are also several defendants from whom the lady needed inj