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Table of Contents Introduction PawFury (PAW): The New Rising Star Ethereum (ETH): The DeFi Giant Shiba Inu (SHIB): The Meme Coin Marvel Avalanche (AVAX): The Smart Contracts Contender Conclusion Certain cryptocurrencies are poised for significant profits in 2024. Here are the best picks: PawFury (PAW), Ethereum (ETH), Shiba Inu (SHIB), and Avalanche (AVAX). PawFury (PAW): The New Rising Star PawFury (PAW) is emerging as the new rising star in the crypto market. Imagine being part of a project that's about to explode with growth—this is what investing in PawFury feels like. Its ongoing presale has already raised over $2.7 million, showcasing massive investor confidence. With a buzzing Telegram community of over 34,000 members, the excitement is real. Currently priced at $0.00844, experts believe this could skyrocket to $0.0200, offering early investors a golden opportunity for huge returns.  Don’t miss out on this hot ...

EOS Network Foundation caps token supply at 2.1 billion. New economic model includes 4-year halvings and support for RAM market. 950 million EOS tokens to be minted for ecosystem growth and rewards. In a groundbreaking move, the EOS Network Foundation, under the leadership of CEO Yves La Rose, has approved a community proposal to cap the total supply of EOS token s at 2.1 billion. This decision marks a significant shift in the network’s tokenomics, aiming to stabilize and enhance the economic model of the EOS ecosystem. Community approval and implementation The proposal, which gained approval from at least 15 of the 21 EOS block producers, involves burning nearly 80% of the current total EOS token supply. This drastic reduction is primarily sourced from future emissions, effectively decreasing the maximum supply from 10 billion to 2.1 billion tokens. Yves La Rose confirmed the community’s consensus on the proposal through a post on X, emphasi...

One of the most prominent banks in the world, JPMorgan , has predicted a “negative” market response to the impending arrival of Spot Ethereum ETFs. Indeed, the bank has forecast a noticeable decline in demand for the ETH investment product as opposed to Bitcoin’s offering. The US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January of this year. Their arrival was a landmark moment for the industry, leading BTC to an all-time high in price just three months after its debut. However, JPMorgan doesn’t expect similar success for the second crypto-based ETF in the United States. Also Read: Solana (SOL), XRP ETF Might Not Happen: JPMorgan JPMorgan Expects Disappointed Ethereum ETF Debut Since the start of the year, crypto-based ETFs have dominated discourse in the finance sector. With Juen fast approaching, there are already two approved offerings as the market prepares for even more tokens to receive similar approvals. Howe...

As the Cardano (ADA) community awaits its next critical update – a Chang hard fork set for late June, cryptocurrency traders and investors might want to use the time left to accumulate the popular token and strengthen their positions before a possible bullish rally ignited by the upgrade. Indeed, Cardano is preparing for its Chang hard fork to enhance governance, boost functionality and responsiveness in the bull market, and officially mark the completion of the Voltaire phase of Cardano’s roadmap, which will also include the drafting of the Cardano Constitution in Buenos Aires. With the upcoming event, announced earlier this year by Cardano’s founder Charles Hoskinson, there are three important reasons to invest in the token that has recently beaten Toncoin (TON) and Shiba Inu (SHIB) to become the ninth-largest asset in the crypto sector by market capitalization. Picks for you ...

Bloomberg has reported that Elon Musk has been advising Donald Trump on issues related to cryptocurrency and Trump is considering Musk for an advisory role in a future administration.  Musk has since taken to X to claim that he is “pretty sure” that he has “never discussed crypto with Trump.” Musk has tangled with cryptocurrency previously. Tesla famously purchased bitcoin and he has regularly flirted with Dogecoin, even mentioning it in his Saturday Night Live appearance.  Donald Trump is now ‘good with’ Bitcoin, wants its future ‘made in the USA’ Read more: Donald Trump sells the clothes off his back in latest NFT promotion Trump has flip-flopped on crypto currency. He previo US ly claimed that it “seems like a scam,” but now that he’s mastered the art of making profits from his NFT collections , he’s completely on board. Crypto has become an increasingly important issue in the upcoming United States presi...

Victoria, Seychelles, May 30th, 2024, Chainwire Bitget Wallet secured the top position on CertiK’s Security Wallet Leaderboard last week, surpassing Trust Wallet and MetaMask, marking a significant milestone for Bitget Wallet, highlighting its exceptional security prowess as a non-custodial Web3 wallet. CertiK’s 2023 Web3 industry security report identified 751 security incidents, resulting in $1.84 billion in losses, a 51% decrease from 2022. Despite this reduction, on-chain asset security remains a significant concern. Bitget Wallet has implemented several preventive measures, including integrating “keyless” MPC and AA wallet technology to address common security issues like private key loss and malicious contract authorization. The wallet also supports hardware wallet compatibility, and has undergone rigorous security audits with major security partners to enhance product transparency and reliability. “As part of our j...

A prominent voice from the Shiba Inu team is raising hype around the asset thanks to the leak of an upcoming Shibarium airdrop. Lucie, the marketing lead for Shiba Inu, shared a post on Twitter (formerly X), announcing a forthcoming airdrop exclusively for users of Shibarium , the Layer 2 solution built on top of the Shiba Inu blockchain. In the post, Lucie described a discussion with Buzz, the pseudonymous founder of the K9 Finance DAO, a Shibarium project. After saying the conversation went well and was productive, Lucie shared the news of the upcoming airdrop. “I’m excited to share some insights about the forthcoming Airdrop on # Shibarium ,” Lucie wrote. “Yes, it’s coming! You’ll be able to earn points simply by bridging to Shibarium , using Shibarium , and holding specific tokens like LEASH and KNINE. Free tokens will be distributed to everyone involved, with the amount depending on your holdings and activities.” # Shibarium Leak ATTENTION I had an incredibl...

VeChain (VET) has rallied 2.2% in the daily charts, 7.8% in the 14-day charts, and nearly 77% since late May 2023. However, the asset is still down by 0.4% in the weekly charts and 7.4% over the previous month. Source: CoinGecko Also Read: VeChain : Can $1000 of VET in 2024 Make $1 million By 2030? VET’s gains are likely from the SEC’s (Securities and Exchange Commission) Ethereum (ETH) ETF (Exchange Traded Fund) approval. However, the prices did not hold, and most major crypto assets faced a correction soon after the rally. Despite the lackluster market environment, there is a possibility that VET will rally in June 2024. How high can VeChain (VET) go in June 2024? Source – CoinCentral According to CoinCodex, VET will continue to trade at around current rates for most of June. However, the platform anticipates VET’s price to dip to the $0.034 level towards the end of next month. Also Read: VeChain June Price Prediction: Can VET Hit $...

The meme coin sector is gaining traction among cryptocurrency investors. Amidst this craze, three tokens have emerged as top contenders for potentially delivering 5X gains in June: PEPE, Shiba Inu (SHIB), and POPCAT . PEPE Despite no major price movements in the last 24 hours, PEPE is currently trading at $0.00001675, with a 24-hour low of $0.00001569 and a high of $0.00001707. Notably, PEPE recently hit its all-time high of $0.00001718 on May 27, 2024, just a day ago, and is currently trading only 3.82% below this milestone. The coin’s unique branding and strong community support have positioned it as a potential candidate for 5X gains in June. Also read: Shiba Inu: How High Can SHIB Surge In June? Shiba Inu (SHIB) Shiba Inu (SHIB), often referred to as the “Dogecoin Killer,” has also shown stability in the last 24 hours,. Currently trading at $0.00002548, SHIB has a 24-hour low of $0.0000245 and a high of $0.00002615. Although SHIB is curre...

Semler Scientific has announced that Bitcoin will now serve as the company’s primary treasury re serve asset. The groundbreaking company that develops marketing technology offerings for healthcare firms has seen its board of directors unveil the BTC adoption strategy implemented today. Moreover, Semler revealed its acquisition of 581 BTC for a total of $40 million. Conversely, the newly implemented strategy is another massive step for the adoption of the asset on a mainstream level. Semler Scientific and companies like MicroStrategy are showcasing the financial capabilities of the leading cryptocurrency in today’s market. JUST IN: Healthcare company Semler Scientific buys 581 #Bitcoin worth $40 million. The company has also adopted Bitcoin as its primary treasury re serve asset. pic.twitter.com/Ms9BFBtdit — Watcher.Guru (@WatcherGuru) May 28, 2024 Also Read: Bitcoin: Bernstein Predicts BTC to Reach $90,000 in 2024 Semler Scientific Announce...

The Notcoin price surged 42% in the last 24 hours to trade at $0.0007794 as of 00:09 a.m. EST on trading volume that skyrocketed 383% to $1.1 billion. This comes after the NOT price soared to an all-time high of $0.00865 on May 27. It has since dropped by about 6%, data from GeckoTerminal shows. Notcoin Price Set To Soar Over The Bullish Pennant The Notcoin price soared through a markup phase in the last day to the resistance level at $0.00865, before dropping slightly, but within the bullish pennant pattern. NOTUSD Chart Analysis Source: GeckoTerminal.com The price of NOT trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish prospects. The two SMAs also act as the immediate support levels at $0.0006238 and $0.005432, respectively. Moreover, the Relative Strength Index (RSI) also trades over the 50-midline level. A sustained bullish stance could push the RSI back to the 70-overbought region, indicating intense buying pressur...

The US SEC (Securities and Exchange Commission) has approved two types of cryptocurrency ETFS (Exchange Traded Funds) this year. The financial watchdog approved the spot Bitcoin (BTC) ETFs in January and the spot Ethereum (ETH) ETFs earlier this month. The development has opened the discussion of which crypto will receive an ETF next, Solana (SOL), Ripple’s XRP, or something else. Also Read: SEC Approves All Spot Ethereum ETFs While speaking to CNBC, BKCM founder Brian Kelly said that Solana (SOL) could be the next cryptocurrency to receive ETF approval. Kelly called Bitcoin, Ethereum, and Solana the big three of this cycle. Also Read: Solana : Anthony Scaramucci Predicts SOL ETF Next Bloomberg analyst James Seyffart agreed with Kelly. Seyffart believes an SOL ETF will have more demand than other digital assets, apart from BTC and ETH. Seyffart said the Financial Innovation and Technology for the 21st Century (FIT21) bill will speed up a SOL ETF launch. F...

The GameStop price soared 56% in the last 24 hours to trade at $0.003680 as of 00:12 a.m. EST on trading volume that rose 21% to $6.9 million. GameStop Price Set To Soar Over The Current Resistance Level GSTOPUSD Chart Analysis Source: GeckoTerminal.com The GameStop price has been on a steady rise since its launch, registering new highs every day. In the last two days, the bulls have capitalized on the major support level at $0.002390 to push the price in the last day through a markup phase as it hit an all-time high (ATH) of $0.005895, data from GeckoTerminal shows. However, the resistance at $0.005895 has allowed the bears to drive the price slightly down to the current price while still fluctuating within what resembles a bullish pennant pattern. GSTOP trades well above the 50-day Simple Moving Averages (SMAs), which act as the critical support level at $0.003250. The Relative Strength Index (RSI) is, however, on a retrace from the overbought region, as it trades do...

1. Bitcoin Reaches All-Time Highs in Local Currencies in Japan, Argentina, and the Philippines link According to CMC data, BTC reached an all-time high of 11.2 million yen during early trading on May 21 in Japan, surpassing 11 million yen for the first time. In Argentina, Bitcoin prices also peaked, reaching 63.8 million Argentine pesos (ARS), slightly above the mid-March peak. Additionally, Bitcoin prices in the Philippines hit a record high of 4.18 million pesos (PHP). 2. Hong Kong Regulatory News This Week 2.1 Hong Kong Securities and Futures Commission in Talks to Allow Ethereum ETF Issuers to Stake link The Hong Kong Securities and Futures Commission (SFC) is currently in discussions to allow Ethereum ETF issuers to engage in staking. In contrast, recent 19b-4 filings by U.S. Ethereum ETF issuers have indicated that they will not participate in Ethereum staking. However, trading volume for Ethereum ETFs in Hong Kong remains quite lackluster. 2.2 Hong Kong Police Arrest Over 100 in...