The chief information officer of BlackRock said the CPI data included “encouraging things.” The fixed income market was portrayed in a more comprehensive light by him. The financial markets were elated by the announcement of the U.S. Consumer Price Index (CPI) statistics this week. It seemed like inflationary pressures could be receding. The report prompted a strong reaction from BlackRock’s Chief Investment Officer (CIO) of Global Fixed Income and Head of Global Asset Allocation, Rick Rieder. The chief information officer of BlackRock said the report included “encouraging things.” This scenario is especially concerning in light of the consistently high inflation rates seen over the last few months. A ray of optimism was also pointed up by Rieder in the most recent CPI report. According to a Bloomberg report, he said that there were some positive aspects in the CPI data. Furthermore, he stressed that the data contradicts a concerning pattern of consecutively increasing numbers for three months. This outlook emphasizes a cautious confidence that inflation may be slowly slowing down. Golden Era of Fixed Income The scope of Rieder’s research, however, goes beyond the CPI numbers itself. The fixed income market was portrayed in a more comprehensive light by him. The chief investment officer of BlackRock has speculated that the United States may soon enter “the golden era of fixed income.” Not because rates are going down, he said, but because it is possible to create a substantial yield in a portfolio. Crypto investors had been anticipating a Fed rate decrease, but according to the BlackRock CIO, that is not going to happen. The allure of fixed income investments is highlighted by this viewpoint in light of the present economic situation. Therefore, even with the possibility of persistent high-interest rates, larger returns may still be achieved. Highlighted Crypto News Today: Cardano (ADA) Price Surges to $0.49, Bullish Turnaround?

Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on. Why This Analyst Swapped His Bitcoin For Altcoins In an X (formerly Twitter) post, Van de Poppe explained that altcoins have been “crushed unreasonably hard.” As such, he believes things can only improve from here on, noting that the “upside (for these altcoins) can’t be denied.” Based on his explanation, the analyst suggested that these altcoins will likely outperform Bitcoin from here on as the flagship crypto already had its moment before the halving when crypto natives swapped their altcoins for Bitcoin. Before now, Van de Poppe had already predicted that altcoins would make a bounce in their Bitcoin pairs post-halving. He also mentioned back then that there would be a narrative shift to Ethereum. More recently, he indicated that the news around the Spot Ethereum ETF would trigger a rally for Ethereum and other altcoins. While explaining his decision to swap his Bitcoins, he again touched on this and hinted that Ethereum would be integral to any move these altcoins make. Van de Poppe claimed everyone expects the worst, that the Spot Ethereum ETF applications will be denied because the SEC considers the crypto token a security. Therefore, he believes the market is already priced in accordingly and can only recover from here on, even if the SEC eventually rejects the applications. The crypto analyst further claimed that the markets could make a “significant U-turn” if the news ends up being slightly better than a rejection. He also highlighted other developments that could help trigger this move. One is the FIT21 bill, which the House will soon vote on. This bill is expected to provide regulatory clarity for digital assets in the United States. Van de Poppe also noted that the SEC’s lawsuit against Ripple is coming to a “final stage” and predicts that the crypto firm will likely secure a final victory, which could also help provide a major boost for these altcoins. Meanwhile, he expects that Decentralized Physical Infrastructure Networks (DePIN) and Real World Assets (RWA) will be “massive,” with traditional companies transitioning into the Web3 ecosystem. As such, Van de Poppe urged his followers to “allocate” themselves if they wanted to “make a large return.” Van De Poppe’s Big Bet It is worth noting that Van de Poppe’s decision to swap his Bitcoins for altcoins isn’t an end in itself but a means to an end. The crypto expert hopes to make a return of 300% to 900% on his investment in the coming six to twelve months. Van de Poppe hinted that he would rotate his capital back to Bitcoin after this period and predicted that he could make another 300% to 600% return on his investment as long as Bitcoin stabilizes. He warned of the risk of taking such a bet, revealing that he is currently down around 20% on his overall investment. He also remarked that he could still post more losses on his investment, considering these altcoins could still experience further declines from their current price levels. However, Van de Poppe added that he is fine with whatever the outcome of his investment is. Again, he reaffirmed that he is “happily allocating” his entire capital towards altcoins and concluded by stating that the bull cycle will be “glorious.”

According to Buterin, Ethereum does not censor its users or the general public on any subject. The co-founder of Ethereum is incessant in praising the ecosystem’s potential. Vitalik Buterin, a pioneer in the cryptocurrency sector, praised one of Ethereum’s strengths on Saturday in a X post. The co-founder of Ethereum values the fact that free expression is not stifled inside the Ethereum ecosystem. Moreover, according to Buterin, Ethereum does not censor its users or the general public on any subject. Buterin made it clear that certain sects take the idea of “open discourse” seriously, even if it may not mean anything to some of them. Significantly, Vitalik’s comment seems to imply that he may have found a pattern across ecosystems for digital assets, but it does not seem to directly attack any protocol. Seems like there are a few self-proclaimed top developers that are ignoring the feedback from their community or “smaller” devs. The position of Vitalik Buterin on the issue of free expression and Ethereum’s role in establishing it is reflected in his statement. Revolutionary Plan The co-founder of Ethereum is incessant in praising the ecosystem’s potential and how it outperforms competitors. He has revealed a revolutionary plan to fix the Ethereum network’s most serious problems. The idea of “Multidimensional Gas Pricing,” put up by Buterin in one of his pieces, aims to completely revamp the way network resources are managed. By assigning distinct prices to various Ethereum resources, he argues, the platform may improve efficiency and scalability. He recognizes this expansion’s potential to provide the groundwork for a more stable and long-term network architecture. This came after Buterin asked for the addition of quantum resistance to Ethereum, a new proposal that would make the protocol’s smart contract push more sustainable in the long run. Highlighted Crypto News Today: Cardano (ADA) Price Surges to $0.49, Bullish Turnaround?

A Kraken spokesperson has said that the exchange would continue to support Tether. Other exchanges have taken bold measures in reaction to legislative changes in the EU. Crypto exchange Kraken, has officially denied plans to delist Tether (USDT) in Europe. The news comes as concerns about the reliability and compliance with regulations of popular stablecoins like Tether (USDT) are growing in the cryptocurrency world. Investor mood and market dynamics are affected by Kraken’s position on the topic, which is significant for the whole crypto ecosystem as regulatory scrutiny rises. A Kraken spokesperson has said that the exchange would continue to support Tether and its related trading pairs in Europe. The exchange made it clear that they have no intentions to delist Tether or modify their USDT trading pairings at this time. Stringent Compliance Norms This announcement contradicts earlier reports that said Kraken was considering discontinuing support for Tether’s USDT stablecoin in the EU as a result of changing regulatory frameworks, namely the planned Markets in Crypto-Assets (MiCA) law. In order to best serve its European customers, Kraken has decided to strategically prioritize EUR liquidity, which may include withdrawing support for USDT in Europe. Other exchanges, including OKX, have taken such measures in reaction to legislative changes impacting USDT operation in the EU, thus this move is in line with industry trends. The purchase of TradeStation Crypto by Kraken, the digital assets division of TradeStation Group under Monex Group, placed the company on a path of regulatory growth. By taking this strategic step, Kraken is demonstrating its will to strengthen its position in the US market and comply with relevant regulations. A representative from Kraken was optimistic about the acquisition’s ability to spur further growth and open doors to new product possibilities in the American market. Highlighted Crypto News Today: Spot Bitcoin ETFs Thrives Back as May Inflows Offset April Outflows

The report states that 518 deals totaling $2.3 billion were closed in the first quarter of this year. Investments increased by 40.3% over the previous quarter, according to this report. Fundraising in the cryptocurrency market reached $2.4 billion in the first quarter of 2024, thanks to a shift in market mood and fresh inflows. According to a recent PitchBook analysis, the cryptocurrency sector saw a huge increase in investment numbers quarter-on-quarter. The bull market in Q1, during which cryptocurrency values reached levels not seen in months, was the primary driver of the increase in investment. Following the SEC’s approval of spot Bitcoin ETFs, a slew of institutional investors poured money into the cryptocurrency market. Investors flocked to the market with the price of Bitcoin reaching a new ATH of around $73,000. More venture capital funds were active throughout this bull run as well. Substantial Growth The report states that 518 deals totaling $2.3 billion were closed in the first quarter of this year within the industry. Investments increased by 40.3% over the previous quarter, according to this report. Taking into account the increased on-chain activities seen in Q4 2023, this is a massive jump forward. There was a 44.7% rise in deal volume or transaction number in the previous quarter. Due to the increase in asset values, market valuations went high this year. The experts at PitchBook anticipate an increase in investment activity throughout the year. A crypto firm called Zama, which produces fully homomorphic encryption (FHE), received $73 million in fundraising, while EigenLayer, received $100 million in Series B funding, according to the report. But with $106 million, Together AI became the biggest deal of the quarter, boosting its valuation to $1.1 billion. As more and more institutions began to engage in the cryptocurrency sector, deal after deal brought increasing values for various companies. Highlighted Crypto News Today: Solana Price Witnesses an Upsurge, Reaching a Five-Week High!

BNB Chain has launched the second chapter of its Airdrop Alliance, introducing new rewards and quests. Meanwhile, the XRP price shows an upward trend, even amid ongoing legal issues and significant token transfers. In this dynamic crypto landscape, BlockDAG is emerging as the best crypto for payments, thanks to its revamped dashboard that enhances user experience and investor trust. With $27.7 million raised in presales, BlockDAG’s advanced features, such as the latest announcements, wallet monitoring, and leaderboard previews, set it apart. Currently priced at $0.0075, BlockDAG is poised for further growth, making it a standout investment opportunity. BNB Chain Launches New Airdrop Alliance Phase BNB Chain has launched the second chapter of its Airdrop Alliance, offering unique rewards and quests. This phase brings new opportunities from BNB Chain’s esteemed partners. As part of “BNB Chain Fusion,” the network is transitioning to migrate the BNB Beacon Chain’s functionalities to BNB Smart Chain (BSC), aiming to enhance efficiency and security. To participate in the airdrop, users must stake at least 1 BNB on BSC or use the Stake Migration tool to migrate BNB tokens from the Beacon Chain to BSC. This effort aligns with BNB Chain’s vision for streamlined architecture and future growth. Ripple CFO Supports Motion to Seal Amid XRP Activity Ripple’s CFO, Jonathan Bilich, has filed a declaration to support Ripple’s motion to seal documents related to the SEC’s Motion for Judgement and Remedies. This move follows the transfer of 280 million XRP tokens through Ripple and a centralized exchange, highlighted by lawyer James K. Filan. Blockchain tracker Whale Alert reported that nearly 280 million XRP was moved between unknown addresses and Bitstamp. Notably, XRP whale Rzn transferred 29.97 million XRP to Bitstamp. Despite the ongoing legal issues, the XRP price has shown an upward trend, with increased open interest and trading activity. BlockDAG Presale Surges to $27.7M: Investors Eye Top Gains BlockDAG’s presale is making waves in 2024, rapidly crossing the $27.7 million mark. To keep up with the competition and maintain investor trust, BlockDAG has revamped its dashboard, offering enhanced features and accessibility. The latest announcements greet users immediately upon entering, and a notification tab ensures they stay informed. This streamlined experience makes BlockDAG the best crypto for payments and investments. Investors now have access to a dedicated wallet on the dashboard to monitor their purchases, balances, and miners. Adding to the excitement, BlockDAG introduced a leaderboard preview, displaying the top 30 investors with the highest purchases. This ranking system motivates investors to aim for the top, with a minimum purchase of $50,000 needed to become a “crypto whale.” The revamped dashboard also includes a last transaction preview, showing the status, stage, time, and amount spent on purchases. This feature ensures transparency and allows users to keep track of their spending. BlockDAG’s referral program is now more user-friendly, with a preview of referral earnings and purchases, further enhancing investor trust and engagement. BlockDAG is not only excelling in presales but also booming in the mining industry with top-notch mining rigs, including the X10. The X10 is a marvel of compact, efficient cryptocurrency mining, capable of mining up to 200 BDAG daily with its 100 MH/s hash rate. If you haven’t invested in BlockDAG yet, now is the time, with the current price of $0.0075 set to surge in upcoming batches. The Bottom Line While BNB Chain launches its new Airdrop Alliance phase and XRP price trends upward amid legal challenges, BlockDAG stands out with its $27.7 million presale and updated dashboard. As the best crypto for payments, BlockDAG offers advanced features and a user-friendly experience, making it an attractive investment. With its current price at $0.0075, BlockDAG presents a compelling opportunity in the competitive crypto presale market. Join BlockDAG Now! Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Floki Inu (FLOKI), the Shiba Inu-inspired memecoin, has rocketed into the spotlight with a surge in trading activity and a nearly 20% price increase in the past week. However, experts caution that this “pup-ularity” might be short-lived, fueled more by hype than by strong foundations. Open Interest Takes Off: Newcomers Flock To FLOKI The key indicator driving excitement is the skyrocketing Futures Open Interest for FLOKI. According to Coinglass, this figure, which reflects the number of outstanding futures contracts, has climbed a staggering 110% since May 1st, reaching a 30-day high of nearly $20 million. This suggests a surge of new market participants entering FLOKI positions, potentially anticipating further price increases. Adding fuel to the fire is the significant rise in FLOKI’s daily trading volume. On May 15th, Santiment reported a daily volume exceeding $1 billion, marking the highest level for FLOKI since late March. This intense buying activity indicates a surge in investor interest, pushing the price upwards. Momentum Indicators Point To A Bullish Charge Further bolstering the case for a bullish FLOKI is the behavior of its key momentum indicators. Both the Relative Strength Index (RSI) and the Money Flow Index (MFI) currently sit comfortably above their neutral lines, at 62.68 and 65.37 respectively. In simpler terms, these metrics suggest that the price momentum leans towards further gains in the short term. Also, the broader market sentiment surrounding FLOKI is notably positive. Increased trading volumes and a surge in social media mentions have amplified investor interest, suggesting that the cryptocurrency is gaining traction not just among retail traders but also institutional investors. Recent partnerships and strategic developments within the FLOKI ecosystem are likely to fuel further growth. These factors, combined with the strong technical indicators, paint a promising picture for FLOKI’s near-term performance, potentially paving the way for substantial price appreciation. However, beneath the shiny exterior lies a potential cause for concern. The Chaikin Money Flow (CMF), an indicator that measures the buying and selling pressure of an asset, paints a rather bearish picture. Still In Negative Zone Despite the price appreciation, FLOKI’s CMF remains firmly in negative territory, currently hovering around -0.11. This suggests that even though the price is rising, the buying pressure might be weakening. This divergence between price and buying pressure is often seen as a sign of a potential reversal, indicating a rally driven by short-term speculation rather than long-term investor confidence. While FLOKI’s recent performance is undeniably impressive, the underlying factors suggest a potentially volatile future. The surge in open interest and trading volume hints at a market frenzy, but the negative CMF raises concerns about the rally’s sustainability. Featured image from Floki, chart from TradingView

Cardano addresses holding a total of 2.71 billion tokens have now achieved break even. At the time of writing, ADA is trading at $0.48, down 0.38% in the last 24 hours. Cardano (ADA), has seen an incredible surge in value today. The ADA price has risen over $0.49 level due to the most recent spike. Therefore, after initially losing money due to the ongoing falls, Cardano addresses holding a total of 2.71 billion tokens have now achieved break even. Source: CoinMarketCap At the time of writing, ADA is trading at $0.48, down 0.38% in the last 24 hours as per data from CMC. Into The Block’s on-chain statistics show that Cardano addresses that bought ADA at $0.47 on average have finally managed break even. Consequently, these investments will provide a return if the market continues to increase. Moreover, if the price manages to hold above $0.46 level, then it will likely continue the positive momentum. ADA/BTC Bottomed Out? In addition, with the ADA/BTC just reaching rock bottom, experts believe Cardano is preparing for a rebound. Notable crypto expert Sebastian recently analyzed the market and pointed out several positive indicators for Cardano (ADA) relative to Bitcoin (BTC). The ADA/BTC chart seems to have bottomed out, suggesting a possible bullish turnaround, according to Sebastian. As per data from TradingView on Thursday, May 16, the pair touched a low of 0.00000680. A subsequent revival was seen by the ADA/BTC pair. To top it all off, it increased 0.28% to 0.00000723 in only 24 hours. In addition, the expert highlighted the existence of divergence that is optimistic. This technical signal is pointing to a possible easing of the downtrend and an impending rise in the price of Cardano. A key resistance level, established above 0.0000079, was highlighted by the analyst. For investors seeking to maximize gains, ADA is a strong contender if it can break above this barrier, according to Sebastian. This might ignite a prolonged surge. Highlighted Crypto News Today: Top Crypto Gainers of the Day: FLOKI, PEPE, and ETHENA

Cardano (ADA) whales are back in the picture, with recent data suggesting their confidence in the crypto token may have been revived. If so, this will be massive for ADA, which could experience significant price surges soon enough based on this development. Cardano Whales Add To Their Holdings The market intelligence platform IntoTheBlock recently revealed in an X (formerly Twitter) post that Cardano whales (who hold between 100 million and 1 billion ADA) have now added 11% to their balances over the past 30 days. These investors now hold 6.71% of Cardano’s total supply. This represents a bullish development for Cardano since whale accumulation usually suggests that these investors are positioning for a potential price surge. These whales also contribute to the price surge since buys of such magnitude could trigger a rally in the price of any crypto token. Besides the whales, retail investors are also heavily invested in Cardano. Data from IntoTheBlock shows that the bid-ask volume imbalance is bullish for ADA. Furthermore, the ‘In The Money’ metric has also turned bullish for Cardano, meaning that most of these investors are currently in profit. Generally, the confidence in the Cardano ecosystem is growing once again. Data from DeFiLlama shows that the Total Value Locked (TVL) on the network has increased by over 5% in the last seven days. Lately, there has also been a significant increase in Cardano’s trading volume, meaning users are actively trading on the network. Cardano’s Rally Is Imminent Crypto analyst World of Charts suggested that Cardano might soon experience a significant rally, noting that the crypto token’s breakout was already confirmed and moving toward the projected price targets. The analyst had previously predicted that a successful breakout would take Cardano’s price to $1 in the coming weeks. Crypto analyst Trend Rider also confirmed that Cardano is already witnessing a bullish reversal, highlighting the bounce the crypto token made after flashing a bullish signal on the daily chart. In the short term, the analyst expects ADA to climb back above $0.5 and added that Cardano will need to hold above $0.51 on the weekly to end the price correction and confirm a bullish continuation. Crypto analyst Dan Gambardello, the founder of Crypto Capital Venture, also provided insights into Cardano’s future trajectory. He noted that Cardano is currently breaking its 20-day moving average (MA), which the analyst claimed is a very “nice sign” for ADA. Gambardello pointed out on Cardano’s daily chart that the 50-day MA has crossed the 200-day MA, which likely means that the bottom is already in, and this is the lowest Cardano will go. This occurrence is referred to as a golden cross and is a bullish signal, indicating the beginning of an upward trend. Featured image from Pexels, chart from TradingView

The net outflow for spot bitcoin ETFs was around $344 million in April. The previous 2 months show that traders shouldn’t become “emotional” about inflows and outflows. Bloomberg’s senior ETF analyst Eric Balchunas claims that the withdrawals from spot bitcoin ETFs last month were compensated for by the inflows in May. Balchunas stated: Beneficial Impact in the Long Run The previous two months, according to Balchunas, show that traders shouldn’t become “emotional” about inflows and outflows; they are just “part of ETF life.” Although the quantities of money flowing into and out of spot bitcoin ETFs are very small—about 1% and 2%, respectively—in relation to the assets under management of the funds, he is certain that these movements will have a beneficial impact in the long run. The net outflow for spot bitcoin ETFs was around $344 million in April, with about $51.5 million departing on April 29. GBTC run by Grayscale was a major factor in these withdrawals. According to a recent report by The Block, net outflows for four weeks came to an end on May 13 when U.S. spot bitcoin ETF saw net inflows of $116.8 million. Investments into spot Bitcoin exchange-traded funds (ETFs) hit $151.4 million, $303 million, and $257.3 million on May 14, 15, and 16, respectively. Balchunas pointed out that the assets managed by the funds are much more important than the inflows and outflows of spot bitcoin ETFs. Among the top spot bitcoin ETFs, the Grayscale GBTC and the BlackRock IBIT have the greatest assets, with $18.27 billion and $17.31 billion respectively, according to The Block’s Data Dashboard. Highlighted Crypto News Today: Top Crypto Gainers of the Day: FLOKI, PEPE, and ETHENA

Tomasz Wojewoda, the former BNB Chain Head of Growth, joins Match Chain as Chief Strategy Officer. With a distinguished career spanning over 20 years as a Founder and CEO, and with insights earned through leadership roles at renowned projects from Microsoft to Chainlink, Mr. Wojewoda has established themselves as a cloud solution and Web3 infrastructure expert whose knowledge will be invaluable as Match Chain continues to position itself as a leading Layer 1 blockchain. In their new role as Chief Strategy Officer, Tomasz will be integral in shaping the future of Match Chain, driving the launch of the chain and helping the company reach new types of users. He recognizes Match Chain’s leadership in onboarding Web2 users and is enthusiastic about guiding the platform’s growth. “Match is differentiated because of its undisputed leadership in acquiring Web2 users,” said Tomasz. “I am excited to help Match launch its chain and ecosystem.” At Match Chain, Tomasz will leverage his extensive experience launching world-class go-to-market initiatives to impact ecosystem growth and to enhance the platform’s strategic positioning within the rapidly evolving blockchain sector. His proven track record at major cloud technology providers, combined with his significant contributions to the adoption of Web3 technologies, positions Tomasz ideally to spearhead Match Chain’s strategic initiatives. About Match Chain Match Chain is an extensively scalable blockchain based on the Proof-of-Stake (PoS) consensus mechanism. It seamlessly integrates with the Ethereum Virtual Machine (EVM), ensuring complete compatibility and interoperability. We envision a future where individuals have full autonomy over their digital presence, creating a decentralized Web3 ecosystem where data ownership is democratized, privacy is a choice, and users are empowered to leverage their data for personal, social, and economic advancement. About Match Hub Match Hub offers a comprehensive Decentralized Identity (DID) solution, enabling seamless access across various blockchains and Web2 platforms. Using DIDs, Match Hub collects sophisticated analytics without compromising user privacy. This data helps developers and businesses gain insights into user behavior, allowing for personalized experiences and strategic decision-making. About Match ID We stand firm on the idea that privacy and control over your data, assets, and identity are basic human rights. MatchID ensures your data is securely stored and protected, giving you the power to decide who can access your data and how it is used. For more information on the Match chain, what they do and how to connect with Match, visit: Website | DevDoc | Twitter | Discord | Telegram | Medium | Mirror | Reddit Contact Details: [email protected]

In a world where scientific discoveries shape the course of humanity, disseminating this knowledge should be equitable, transparent, and efficient. However, traditional scientific publishing has long grappled with challenges such as biases, accessibility issues, and costly barriers to entry. Recognizing the need for change, NobleBlocks emerges as a beacon of innovation, ushering in a new era of scientific publishing through its groundbreaking platform built on Decentralized Science (DeSci) principles. Disruptive DeSci NobleBlocks operates on a DeSci foundation, which utilizes blockchain technology to create a public, transparent infrastructure that will fundamentally change how scientific research is conducted, reviewed, and disseminated. This paradigm shift created by a public infrastructure for all stages of the scientific journey includes four main pillars: Creating: Researchers can submit their work to a global audience, free from geographical or institutional constraints. Reviewing: A decentralized peer-review process ensures objectivity and reduces potential biases. Storing: Blockchain technology guarantees the immutability of published research, creating a permanent and tamper-proof record. Distributing: Research findings are readily accessible to a wider audience, fostering knowledge exchange and accelerating scientific progress. Streamlined peer reviews Peer reviews are critical in the scientific publishing community, it’s the process used to assess the quality of the research before a manuscript is published. Typically, independent researchers working in relevant research areas assess submitted manuscripts, checking for originality, validity, and significance. This helps editors of esteemed scientific journals determine whether to publish a manuscript. NobleBlocks revolutionizes this vital aspect of scientific validation by reimagining and implementing an efficient peer-to-peer review system. Using decentralized networks to create immutable, chronological records of publications, NobleBlocks facilitates the ability for users to receive more objective and timely evaluations of scholarly work, fostering a culture of constructive feedback and collaboration among researchers. Other key features include: Social Peer Review Networking: Researchers can openly discuss with reviewers, leading to a more robust and nuanced evaluation process. Collaboration-Focused Platform: NobleBlocks encourages interdisciplinary research by providing tools and resources to facilitate collaboration across diverse fields. Tokenized Rewards System: Reviewers and editors are recognized and rewarded for their contributions, incentivizing high-quality participation in the scientific ecosystem. In the pursuit of scientific progress, collaboration between disciplines is essential and therefore, NobleBlocks eagerly welcomes submissions from a wide range of disciplines. And as this community continues to grow, NobleBlocks has used Web3 technology to uphold its commitment to making sure that privacy is priority and data ownership is transparent for users. NobleBlocks is looking forward to working with you All great ideas have a beginning. As such, NobleBlocks is constantly exploring new avenues for improvement and relies on researchers and scientists to share their frustrations openly. Only then can we begin to truly address the challenges the scientific community faces today and tomorrow. For example, how much should the future of scientific publishing be shaped by or rely on integrated artificial intelligence (AI)? Could AI features help streamline administrative tasks so the savings can be passed on to the scientific community at large? NobleBlocks is considering and exploring these ideas. With that said, the NobleBlocks team is committed to responsible innovation, ensuring the platform remains sustainable and fosters a positive impact on the scientific community. If you are a researcher, academic, or innovator, we invite you to join us on an exciting journey as we transform the inefficiencies of scientific publishing. NobleBlocks is here to kickstart a revolution in the peer view space and work together to create a more accessible, equitable, and interconnected scientific publishing ecosystem. For more information about NobleBlocks and to join our network, please visit: https://www.nobleblocks.com https://t.me/noble_blocks Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

According to Coinmarketcap, Floki, Pepe, and Ethena are the top crypto gainers. The global crypto market cap at the time of writing is around $2.56T. The crypto market is experiencing an upward momentum, and the global cryptocurrency market capitalization is $2.56 trillion, a 1.69% increase in the past 24 hours and an approximate 118% rise over the last year. Total trading volume of the cryptocurrencies last day was $66.8 billion, as per data from CMC. Considerably, some tokens are led by market capitalization and some by trading volume. The industry witnesses top gainers and losers everyday, based on the performance of the cryptocurrency. Traders and investors are anticipating an over-all bull run in the near future. According to CoinMarketCap, the top three gainers of the day are Floki (FLOKI), Pepe (PEPE), and Ethena (ENA). Floki Inu (FLOKI) Floki Inu, inspired by the popular Shiba Inu meme coin, has surged impressively today. At the time of writing, Floki trades at $0.00021, marking a 0.97% increase in the past 24 hours, as per data from CMC. The trading volume is at $2.82M. Floki has expanded its ecosystem beyond the meme coin, incorporating elements like gaming and NFT collections. The FLOKI DAO decides to burn 15.24 billion tokens. Notably, the majority of 99.84% of the total votes advocate the burn proposal. Pepe (PEPE) Pepe, which is named after the internet meme character Pepe Frog, has also risen substantially. Currently, Pepe is trading at $0.00001002, a 0.62% increase in a day. And the trading volume is $8.65M. The memecoin’s price went high, previously, because of the high trading volume and its community enthusiasm. Pepe continues to attract the investor interest, contributing to its significant price movements. PEPE has recently outperformed other cryptocurrencies, reaching a new ATH of $0.00001156 despite market declines. Ethena (ETH) Ethena, a synthetic dollar built on Ethereum, is another notable gainer. It trades at $0.7936, an increase of 12.50% within 24 hours. The trading volume is at $3.49M. Ethena got recognized for its creative approach within the crypto market. The coin classifies itself from the typical coin narrative and employs blockchain technology to offer financial products. Its performance indicates investor confidence and interest. Ethena has made an interest in new investors as new developments are made on-chain. Highlighted news of the day: April Sees Nearly $1B Investment in Blockchain Gaming, Highest Since 2021

Solana price witnessed an upsurge to $175K on May 18. The price hike has pushed the altcoin toward an overbought state in terms of RSI. Analysts expect Solana to hit $200 by this month’s end. Solana market price took a bullish turn for the third consecutive day on May 18, finding support at the $170 mark. The upward movement propelled the price above $175 momentarily today, elevating the price to a five week high. Solana price had faced a crucial juncture earlier this week. The altcoin has shown an increase of 32.33% this month with prices recovering from the $130 level. Solana prices had shown a potential for both a price breakout and breakdown during the week. The recent upsurge indicates the possibility of a bullish victory after the consolidation phase. Solana 24H Price Analysis At the time of writing, SOL is trading at $174 sustaining the upsurge since May 16. It has exhibited a 4.35% increase in the past 24 hours as per data from CMC. Solana’s price hit the crucial $170 mark in the latter hours of May 17. It continued the hike closing in on the $176 range, before sliding down to $174. Moreover, the crypto asset has exhibited a 4.27% increase in market cap at 78.23B while trading volume in the past 24 hours declined by 21.01% according to CMC data. Furthermore, the price hike has instigated an overbuy situation in the market with an RSI Index of 74.69. Solana 4H Price Chart (Source: TradingView) Zooming out, Solana price performance for the week stands at positive 19.94% according to data from Trading Value. The altcoin was trading at market prices of $139 and $140 at the week’s start. Additionally, in the past month, prices had soared to $172 but were followed by strong bearish runs right afterward. Furthermore, Solana’s prices are predicted by analysts to surge to a yearly high of $750 by 2030. In 2024, Solana is expected to reach a yearly high ranging at the $340 mark and the bearish price is expected to be $83. Additionally, analysts expect that SOL will likely hit $200 by this month’s end. Highlighted Crypto News Today: LayerZero Identifies Over 800K Potential Sybil Addresses

AGIX is one of the leading AI tokens in the crypto space with a total supply of 2 billion, and a total trading volume of over $105 million, which is over 11% down in the last 24 hours. For over two days, the price of AGIX has been holding strong above the 100-day Simple Moving Average (SMA). The token which has been on a downward ally for quite some days, is showing some signs of price reversal and if this happens a change of direction might occur and the price of AGIX will start a new movement upward. As of the time of writing, AGIX was trading around $0.98817 above the 100-day simple moving average, about 1.68% up in the last 24 hours. Currently, there are two main resistance levels of $0.99038 and $1.04237 and two main support levels of $0.82620 and $0.75779, respectively. Technical Indicators Suggest Upward Rally For AGIX 4-Hour MACD: A technical look at the MACD indicator from the 4-hour timeframe, the MACD histograms are trending above the zero line, and both the MACD line and the Signal line have crossed and are trending above the MACD zero line, indicating a bullish trend. This can be seen in the below image. 4-Hour RSI: The formation of the Relative Strength Index (RSI) in the above image also suggests that the price of AGIX is bullish as the RSI signal line is seen trending above the 50% level. This indicates that buyers are active in the market therefore overpowering the strength of sellers. Alligator Indicator on the 4-hour timeframe: A look at the alligator indicator from the 4-hour time frame shows that the price is trading above the alligator lines as the alligator lip and teeth have both successfully crossed above the alligator jaw, suggesting that the price might continue to move in an upward direction. Support And Resistance Levels To Break Conclusively, the price of AGIX is currently trading around the $0.99038 resistance level and if it manages to break above this level, AGIX’s price will continue to move further toward the $1.04237 resistance level and if it breaks above this level, an upward trend might begin. However, should the price of AGIX fail to break these resistance levels, it will reverse and start a downward movement toward its previous support level of $0.82620. If it manages to break below this support level, the price might move further to test the $0.75779 support level.

The biggest digital currency, Bitcoin (BTC), is currently going through a rough patch. Market activity shows that interest in the popular cryptocurrency has dwindled in the last few weeks. However, this development has opened up exciting opportunities for other alternatives to shine in the crypto space. Ondo Finance (ONDO) and ETFSwap (ETFS) have emerged as promising choices, offering better value and potential for a sustainable investment. Bitcoin’s (BTC) Reign Might Just Be Coming To An End A recent report compiled by Dune Analytics reveals that there has been a decrease in Bitcoin’s (BTC) activity. This is shown through various key indicators, such as transaction volume, miner revenue, and interest in new applications based on Bitcoin (BTC). The Bitcoin Runes that was launched on Halving day saw a significant peak in activity, pushing transaction volume on the Bitcoin’s (BTC) network. Runes had more than 80% of the transactions on the Bitcoin (BTC) ecosystem. However, the frenzy has rapidly declined over the past week, with Runes’ transaction volume significantly decreasing. The future of Bitcoin (BTC) depends on its ability to prove itself as an efficient and innovative solution and overcome the increasing competition by alternatives like Ondo Finance (ONDO) and ETFSwap (ETFS). According to data on CoinGecko, Bitcoin’s value has dropped by 0.8% and 6.1% in the last 7 and 30 days, respectively. At the time of writing, Bitcoin (BTC) trades for $63,127.47. Ondo Finance (ONDO) Sees A Significant Increase In Market Activity Ondo Finance (ONDO) is a leading decentralized finance (DeFi) protocol that enables users and investors seamless access to Real World Assets (RWAs) through tokenization. The decentralized finance (DeFi) platform was created to address efficiency, transparency, and accessibility issues often associated with crypto platforms. Since its inception, it has gained significant support from the crypto community. Data on CoinGecko reveals a significant increase, precisely 62.30%, in the daily trading volume of Ondo Finance (ONDO) over the last 24 hours. This development has sparked a bullish sentiment in the Ondo Finance (ONDO) community, hinting at a potential upward trend. ETFSwap (ETFS) Offers A 400x Return On Investment ETFSwap (ETFS) is an Ethereum-based decentralized finance (DeFi) platform that has taken the crypto world ablaze with excitement after its recent emergence. The innovative DeFi platform allows users and investors to easily trade and invest in a wide range of cryptocurrencies and institutional exchange-traded funds (ETFs) by tokenizing them on the blockchain. By bridging the gap between the traditional financial market (TradFi) and the decentralized world of decentralized finance (DeFi), ETFSwap (ETFS) creates an avenue for users and investors to gain insight into other asset classes beyond the traditional ones. They can diversify into sectors such as technology, cryptocurrency, commodity, healthcare, energy, real estate, etc. This approach helps to spread risks and enhance gains. Trading in the ETFSwap ecosystem is not only fun but also highly liquid. The platform offers market-making and perpetual futures tools, enabling traders to execute trading activities without expiration dates. Additionally, traders can leverage their trades up to 10x, maximizing their trading experiences to the fullest. The forefront trading platform takes it a step further by besting other crypto trading outfits in accessibility and interface; it does not require any form of KYC verification for investors to access its unique platform. All they need to do is create an account in minutes, and they will be ready to start trading! This is good news for small and middle-scale investors who usually bear the brunt of interference from third parties like banks and the government. ETFSwap (ETFS) is currently in its presale Stage 1, priced at $0.00854. The presale has gathered much momentum, selling over 80 million tokens in less than a week. With the next stage set to sell for 0.01831, investors are in for an exciting ride with guaranteed profits. Interestingly, the ETFS token is poised to hit major exchanges in the coming weeks, and experts expect it to rally to $4. When this happens, Stage 1 investors would have accumulated over 400x returns on their initial investments. This is a mouthwatering investment opportunity for prudent investors. For more information about the ETFS Presale: Visit ETFSwap Presale Join The ETFSwap Community Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Additionally, 2.9 million unique active wallets were recorded for blockchain gaming. Blockchain gaming investments totaled $288 million in the first quarter of 2024. April was the biggest monthly investment in blockchain gaming since January 2021, at $988 million. Additionally, 2.9 million unique active wallets were recorded for blockchain gaming, which is a record-breaking figure. The April blockchain gaming report was issued on 17 May by DappRadar in collaboration with the Blockchain Gaming Alliance. Similar tendencies in the decentralized apps (Dapp) industry as a whole coincide with the sector’s landmark month. Investors Optimistic Rekindled consumer interest in digital assets within the framework of gaming is one of many variables that the research claims are responsible for the current boom. With the help of its “Pixels” feature, Ronin has topped the charts for blockchain gaming platforms this month. With titles like Matr1x and QORPO WORLD in its library, Polygon, which was formerly the market leader, falls to second place. To suggest that blockchain gaming had a banner April would be an understatement. Blockchain gaming investments totaled $288 million in the first quarter of 2024. The investments made in April alone more than tripled that sum, falling just $22 million shy of achieving a full billion USD. The research also said that April is starting to be a good month for the metaverse. Mocaverse, one of the leading NFT collections pertaining to the metaverse, literally blew the competitors out of the water with its $8.4 million trading volume. Farmland by Pixels came in second with $1.48 million in trading volume. Additionally, Otherdeed by Otherside’s trading volume of $1.02 million was enough to break the million-dollar barrier. Notably, Ubisoft and Square-Enix, two of the gaming industry’s biggest names, have recently made measures that might bode well for the future of the blockchain gaming industry. Highlighted Crypto News Today: Magic Square Launches Magic Launchpad: New Fundraising and Community Growth Platform

Judge Sean Lane gave Genesis the go light for their Chapter 11 repayment plan. Genesis may now unfreeze and refund client funds that have been held since November 2022. The bankruptcy court has given the go-ahead for Genesis Global, a cryptocurrency lender, to repay its creditors with over $3 billion worth of cash and crypto. Digital Currency Group (DCG), the parent firm, will not be able to recover from its bankruptcy as a result of this ruling. On May 17, Judge Sean Lane gave Genesis the go light for their Chapter 11 repayment plan. With this decision in hand, Genesis may now unfreeze and refund client funds that have been held since the business stopped processing withdrawals in November 2022, when several big cryptocurrency companies went down. DCG’s Appeal Rejected In contrast, Lane rejected DCG’s contention that Genesis owes its creditors and consumers no more than the market value of the cryptocurrency assets that were held by Genesis at the time of its bankruptcy filing in January 2023. Between then and May 17, the price of Bitcoin (BTC) jumped dramatically, from around $24,000 to over $66,700. In a 135-page decision, Lane rejected DCG’s legal appeal, explaining that Genesis’ parent company did not have the right to dispute the Chapter 11 plan. In the context of Genesis’s Chapter 11 repayment structure, DCG’s standing as a shareholder is junior. Creditor claims, rather than DCG’s equity share, are eating away at Genesis’ distribution money, according to Lane. Lane estimated that DCG’s equity stake was worthless and left with a deficit of several billion dollars as a result of the massive demands from creditors. After ignoring DCG’s protest, he determined that Genesis must pay out its other creditors—including federal and state financial regulators—with claims totaling $32 billion before it can distribute any money to its equity owner, DCG. This applies even with capped consumer claims. Highlighted Crypto News Today: LayerZero Identifies Over 800K Potential Sybil Addresses

In the ever-evolving world of cryptocurrencies, innovation is key as new ventures strive to make their mark in the market. Retik Finance (RETIK) is one such venture that stands out for its initiative to combine traditional finance principles with the dynamic DeFi world. This innovative approach has caught the attention of enthusiasts and investors, sparking discussions on its potential to shake up the industry. There is a lot of talk about RETIK gaining ground and potentially competing with established players like Polkadot (DOT) in the cryptocurrency realm. Many are curious about the reasons behind Retik Finance’s potential to shake things up and become a significant disruptor. Retik Finance (RETIK), a decentralized finance (DeFi) newcomer, is poised to disrupt the market and overtake Polkadot (DOT) in terms of market capitalization. Here’s why the analyst is confident in this prediction. Polkadot (DOT): A DeFi Powerhouse It is important to recognize the fundamental strengths of Polkadot. This esteemed blockchain platform stands as a vanguard of innovation, displaying exceptional proficiency in seamlessly connecting disparate blockchains. Through its pioneering efforts, Polkadot has forged a more coherent and efficient blockchain landscape, fostering enhanced collaboration among various blockchain networks. This remarkable interoperability opens up a plethora of possibilities for decentralized applications and services, revolutionizing the digital landscape. Furthermore, Polkadot’s impressive market capitalization consistently ranks, a testament to its robust investor confidence worldwide. As a groundbreaking blockchain protocol, Polkadot plays a pivotal role in bridging multiple blockchains and enabling seamless interoperability, an essential prerequisite for the decentralized finance (DeFi) ecosystem to function optimally. The value of Polkadot transcends mere monetary metrics. It encapsulates remarkable technological advancements, fueled by a vibrant community of developers incessantly pushing the boundaries of decentralized finance. One of the key features setting Retik Finance apart is its focus on optimizing capital efficiency and minimizing impermanent loss for liquidity providers which Polkadot is yet to offer. This innovative protocol has garnered attention from investors and users alike, positioning RETIK as a promising player in the DeFi space. Retik Finance (RETIK): Innovative DeFi Altcoin Challenges Polkadot (DOT) with Futuristic Crypto Debit Cards Retik Finance (RETIK) is a new player in the financial landscape that aims to bridge the traditional financial system with the emerging world of cryptocurrencies. RETIK leverages the Ethereum blockchain to offer a range of decentralized finance (DeFi) services that aim to seamlessly integrate fiat and crypto, revolutionizing financial transactions. One of Retik’s notable features is the launch of crypto debit cards, which were introduced even ahead of schedule. This allows users to utilize their digital assets for daily expenses, which is a bold move that heralds a paradigm shift in the way individuals engage with their cryptocurrencies. Retik’s pioneering efforts open up new possibilities, making financial transactions more accessible and versatile for the future. Let’s take a closer look at what sets Retik Finance apart, making it a powerhouse in the DeFi landscape with the potential to overtake the market cap dominance of platforms like Polkadot: Pioneering Crypto Debit Cards Imagine being able to use your cryptocurrency assets to make purchases at any establishment that accepts Visa or Mastercard. Retik’s innovative debit cards, powered by the RETIK token, act as a crucial bridge between decentralized finance (DeFi) and traditional financial systems, potentially leading to wider adoption of cryptocurrencies among the general public. This groundbreaking feature distinguishes Retik from Polkadot’s core offerings, demonstrating a forward-thinking approach that seamlessly combines the worlds of digital and traditional finance. Strong Tokenomics and Early Success The RETIK token has been designed with a well-planned roadmap and has a strong utility within the Retik ecosystem. Its presale, which ended ahead of schedule, exceeded expectations by raising over 400% of its initial target. With a total supply of 1 billion RETIK tokens, the project has a clear distribution strategy in place to ensure token value remains stable. This highlights the strong support of our active community. While Polkadot may have a larger market cap, the success of Retik’s presale demonstrates significant investor interest, and promising growth prospects, and solidifies our position in the ever-changing cryptocurrency landscape giving Retik a leverage to surpass Polkadot in Market Cap. Focus on Scalability and Security Retik distinguishes itself from other decentralized solutions by implementing an open payment consensus protocol, which fosters unparalleled scalability and adaptability. The cornerstone of Retik’s architecture is security, which places utmost importance on user safety and cultivates trust within the DeFi ecosystem. While Polkadot aims to solve the challenge of interoperability, Retik places a laser focus on both scalability and security, positioning itself at the forefront of future expansion and innovation within the decentralized finance realm. Closing Thoughts Although Polkadot (DOT) is a strong player in the market, Retik Finance (RETIK) brings a fresh perspective with its user-centric approach, early adoption of crypto debit cards, and a secure DeFi ecosystem. The successful completion of its presale and the early launch of its cards demonstrate strong community support and a commitment to rapid development. As the DeFi space continues to evolve, Retik Finance (RETIK) positions itself as a strong contender with the potential to overtake Polkadot in Market Cap. Visit the links below for more information about Retik Finance (RETIK): Website: https://retik.com Whitepaper: https://retik.com/retik-whitepaper.pdf Twitter: www.twitter.com/retikfinance Telegram: www.t.me/retikfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time in nearly a month. As expected, this latest price movement has sparked a lot of speculation and discussion around the premier cryptocurrency. Popular blockchain analytics firm CryptoQuant has shared on-chain insights into the recent Bitcoin price rally and its future trajectory. How Did Bitcoin Price Reach $67,000? In a recent report, CryptoQuant revealed the catalyst and on-chain manifestations behind BTC’s latest rally to above $67,000. According to the analytics firm, the price of Bitcoin rode to its new highs on the back of the news of lower-than-expected inflation in the United States. The inflation data released on Wednesday, May 15 showed that the Consumer Price Index (CPI) rose by 0.3% in April – lower than the expected 0.4%. This revelation suggested that inflation might be on a downward slope in the US, making risky assets like Bitcoin more attractive. In its report, CryptoQuant revealed that there has been a decreased selling pressure in the BTC market, as short-term holders are selling at low or negative profits. Meanwhile, Bitcoin balances at over-the-counter (OTC) desks have steadied, implying that fewer coins are entering the open market. What’s more, the analytics platform highlighted a particular on-chain signal that might have predicted the recent Bitcoin price rally. According to CryptoQuant, BTC miners have been extremely underpaid over the past few weeks, which often correlates with price bottoms. The Catalysts For Sustained BTC Rally? CryptoQuant, in its report, identified potential catalysts for a continued rally for the Bitcoin price. According to the on-chain data company, demand from permanent holders and largest investors is on the rise but it needs to climb rapidly to push the price of BTC even higher. Furthermore, the latest data shows that Bitcoin ETF (exchange-traded funds) purchases have dwindled to nearly zero daily, while stablecoin liquidity growth is also on a decline. CryptoQuant noted that these two metrics need a jolt, which might be critical for a sustained Bitcoin rally. As of this writing, the Bitcoin price continues to hover around $67,000, reflecting a 2.5% increase in the past 24 hours. According to CoinGecko data, the premier cryptocurrency is up by a significant 10% in the past week.