The Ethereum price was trading at $3,792 as of 4:30 am EST, up 2% over the last 24 hours. Ether’s price has rallied more than 25% over the last three days, reaching a two-month high of $3,840 on increasing expectations of spot Ethereum ETFs being approved this week in the USA. ETH’s performance came after Bloomberg’s senior ETF analysts, James Seffart and Eric Balchunas increased their approval odds to 75%, down from 75%. Via @coindesk fyi https://t.co/2PNBCkr90q pic.twitter.com/ElI4rIp8Ho — Eric Balchunas (@EricBalchunas) May 20, 2024 The latest developments concerning this issue involve at least 5 of the spot Ethereum ETF…

Chainlink (LINK) token continued its winning streak for the third consecutive day, reaching a five-week high at $16.3 on May 16. The token is up more than 28% in the past three days, rising from levels below $012.8. The performance follows a successful completion of DTCC and prominent US banking institutions signal significant potential for Chainlink. The successful completion of these tests, involving companies like American Trust Custody, Edward Jones, and JPMorgan, aims to expedite the tokenization of assets. The collaboration includes major players such as Franklin Templeton and BNY Mellon, paving the way for notable advancements. We’re excited to…

The PEPE price was trading at $0.00001137, as of 3:00 am EST, after rising 12% over the last 24 hours. The Pepe memecoin has climbed by over 40% from a low of $0.00000830 on May 13 to hit a  new all-time high of $0.00001161 on Binance. This uptick in PEPE has seen it lead the gains among the top 100 cyptocurrencies by market capitalization. Top gainers May 15. Source: CoinMarketCap Coming in second was another memcoin, the dog-themed Floki (FLOKI), which had risen by 10% over the last 24 hours. The Solana-based memecoin, BONK was also among the top gainers…

The FLOKI price was trading at $0.0001919 as of 5:00 am EST, up 10% over the last 24 hours. The dog-themed memecoin was riding on the hype that gripped the crypto market after the return of the Roaring Kitty, the X account associated with retail stock trader Keith Gill. On May 13, Gill posted on X for the first time since June 2021, sharing a photo featuring an image of a man leaning forward with a controller. pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Users on X and Reddit interpreted it as Gill signaling them to enter a…

The Shiba Inu price was trading at 0.00002345 as of 7:00 am EST, down 4% over the last 24 hours. SHIB’s trading volume has increased by 163% to $476 million, and with a market capitalization of $163.8billion, the popular memecoin is positioned 11th, according to the CoinMarketCap ranking. Shiba Inu’s price has grown by 143% in the last 90 days and over 126% so far in 2024. This amazing performance of SHIB has been attributed to the resurgence of investor interest in memecoins. Memecoin resurgence drives Shiba Inus’s price The ongoing bull market has seen investors drawn to speculative opportunities,…

The TON price is trading at $6 as of 6:00 am EST, up 6.4% over the last 24 hours. Toncoin is outperforming the market which remains unchanged at $2.3 trillion. As other top-cap cryptocurrencies are recording mild gains, TON is leading the gains as shown in the figure below. The only other top-cap altcoins with notable gains on May 10 are BNB Chain’s (BNB) and Solana (SOL) which are up 1.30% and 3.38% respectively. Performance of top-cap cryptocurrencies. Source: CoinMarketCap. The total value locked on Toncoin has also been increasing tremendously over the past three months, signalling a growing developer…

The global cryptocurrency market cap now stands at $2.49 trillion, down 0.87% over the last 24 hours, according to data from CoinGecko. Total Crypto Market Cap. Source: TradingView The total crypto market volume over the last 24 hours is $88.05 billion which marks a 19.53% increase. The total volume in DeFi is currently $4,73 billion, 5.3% of the total crypto market 24-hour volume. The volume of all stablecoins is now $48.31 billion, which is 54.87% of the total crypto market 24-hour volume. Crypto prices have been consolidating with the total market cap for the digital currencies shrinking from the 27-month…

The TON price is trading at $6 as of 7:30 pm EST, up 4% over the last 24 hours. The total value locked on Toncoin has increased tremendously over the past three months, signalling a growing developer interest in the Telegram payments token. Toncoin’s TVL grows 1068% in 90 days The TON price has benefited from the recent upward momentum seen in the broader crypto market. More importantly, the health, growth rate, and sustainability of the project ecosystem are also highlighted by changes in the data obtained. According to CoinMarketCap data, Toncon’s trading volume increased by approximately 3954% over three…

The Solana price is trading at $129 with a positive bias as of 2:30 am EST. SOL has been sealed in a downtrend over the last week, with 12% weekly losses. Market participants are expecting a sustained uptrend for the smart contract token as it trades in a highly bullish chart pattern in a lower timeframe. Solana bulls seek a return to areas above $160 SOL has had an impressive run in 2024, posting more than 27% gains from the Jan. 1 opening of $101 to set a swing high at $210 on March 18. This was followed by a…

The Ethereum price is exchanging hands at $2,881 as of 5:30 a.m. EST, down 6.67% over the last 24 hours. ETH experienced a 14.5% drop from a high of $3,286 on April 29 to an intraday low of $2,817 during the early Asian trading hours on May 1. The flash downswing resulted in liquidations of more than $115,510 worth of ETH futures, which were leveraged bets on the price decrease, according to data from Coinglass. Of these liquidations, $97.4 million were leveraged ETH long positions, which were caught off guard on Ethereum’s drop below $1000. Total ETH liquidations. Source: Coinglass…