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The element of rapid and fast profits has always appeared lucrative to investors. The crypto currency vertical promises alluring returns to its explorers, provided investors pay attention to the minute price ascent trajectories that altcoins usually portray. It takes a keen eye and an analytical mind to track such minute, yet elemental, changes.  While rapid profits might be lucky for some, they are dubbed rare appearances that may arrive once in a while but have the potential to satiate an investor’s appetite for wealth to the fullest.  However, users are expected to practice caution as the crypto market is full of volatility and predictions may not always work as they are projected to. Here are the top three rapid-profit disseminating coins that can turn an investor’s portfolio around overnight.  Also Read: Solana Meme Coins BONK , DogWifHat, and Maneki Price Analysis for May Top Coins To Buy In May For Fast Profits Image Source: WatcherGuru Cryptocurrency #1: D

As Bitcoin (BTC) struggles to stabilize after the BTC halving, the wider cryptocurrency market still feels the impact. Although its price hasn’t performed particularly well in recent days, Cardano (ADA) is seeing a notable increase in whale activity .  According to cryptocurrency tracker Santiment , on April 29, ADA experienced a significant surge in whale transactions, surpassing $100,000.  Picks for you Promising Ethereum tokens to invest in May 2024 5 mins ago Professional trader warns of ‘catastrophic’ market crash and crypto lows 38 mins ago What Biden’s proposed capital gains tax means for crypto investors 41 mins ago Brace for $4 billion worth of crypto token unlocks in May 54 mins ago Specifically, 1,776 transactions of that amount or more have been recorded as the highest count in almost six months. This uptick in whale activity is historically linked to potential price reversals. It’s especially noteworthy given that ADA’s mark

In the wake of the Bitcoin halving on April 19, the price of BTC has failed to maintain its upward trajectory, but the network has continued to generate headlines and transactions in equal measure. Much of this activity has been thanks to Bitcoin Runes, the protocol created by Ordinals imagineer Casey Rodarmor which went live post-halving. Runes have been responsible for $135M in miner fees in the wake of the halving, proving their ability to subsidize reduced block rewards moving forwards. While it remains to be seen whether the robust interest in Runes can be maintained, the signs are promising so far. One figure who’s predicting a bright future for Bitcoin Runes is Alvin Kan. The Bitget Wallet COO has been following the sector closely due to its integration into the wallet’s dapp browser. Making Sense of Runes Runes were designed to support fungible tokens on Bitcoin without clogging up the network. They’re a more efficient and natively integrated solution

The second-largest crypto token by market cap, Ethereum (ETH) , finally showed some form of life as it rose to $3,300 over the weekend. This move is believed to be the beginning of a trend reversal for the crypto token, which has several bullish signals on its chart.  Ethereum Has A Bullish Chart Crypto analyst Derek revealed in an X (formerly Twitter) post that the signals on Ethereum’s Moving Average Convergence/Divergence (MACD) indicator “seem to have ended the decline and changed upward direction.” He also highlighted the Ethereum Dominance chart , which has confirmed three bottoms and gave a strong rebound.  Related Reading: Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing The analyst explained that “leading a rebound after confirming the bottom three times means that further decline is unnecessary, and there is a high possibility that there is no intention to do so.” Interestingly, the analyst drew

The Bitcoin price dropped 2% in the last 24 hours to trade at $62,352 as of 02:51 a.m. EST on trading volume that rose 19% to $21 billion. This comes as Bloomberg reported that the Australian Securities Exchange (ASX), which holds a 90% share of Australia’s equity market, is set to approve its first spot-Bitcoin ETFs (exchange-traded funds) before the end of the year. BREAKING: 🔹ASX Ltd., which handles around four-fifths of the Australia’s equity trading, is expected to approve the first spot #Bitcoin ETFs for the main board before the end of 2024. 🔸Australia’s $2.3 trillion pension market may help drive inflows.$BTC — House of Chimera (@HouseofChimera) April 29, 2024 Two Bitcoin ETF applications have already been submitted by VanEck Australia and BetaShares, a local ETF-focused fund manager, and a third application is in progress, the Bloomberg story said. The move towards ETFs has picked up in and around Asia after US approvals in January. Bitcoin Price Set To Soar Over

TLDR Some traders have been opting for the Rebel Satoshi Arcade presale ahead of Cardano and Shiba Inu. As a new altcoin, it boasts significant upside potential as well as a low entry point. Some analysts suggest a timely 50x jump after its launch—which would make it a must-have coin. The latest market bounce is refreshing after weeks of bearish trends. With Bitcoin (BTC) spearheading the charge, traders are on the lookout for promising altcoins, beyond Cardano (ADA) and Shiba Inu (SHIB), of course. Standing out is the Rebel Satoshi Arcade (RECQ) presale , promising stability and growth in the same breath. Merely participating in the presale has the potential to yield significant gains by the official launch, with the market debut promising so much more. Positioned as the one of the best new cryptos to invest in , it is a bullish wave not to miss out on. Rebel Satoshi Arcade (RECQ): Outperforming ADA and SHIB Rebel Satoshi Arcade (RECQ) is one of the ne

Vitalik Buterin recently made a striking statement about the centralization issues of Proof-of-Work (PoW) systems, particularly in the context of Ethereum’s transition from Proof of Work to Proof of Stake (PoS). Amidst ongoing debates within the Ethereum (ETH) community, Buterin has clarified the rationale behind the network’s switch to a PoS consensus mechanism. This significant change, culminating nearly two years ago with ‘The Merge’—which integrated the Beacon Chain with Ethereum’s mainnet to create the Ethereum 2.0 network—represents a fundamental shift in how Ethereum processes transactions and secures its network. Picks for you 2 crypto currencies to watch closely next week 2 hours ago Here is why Robert Kiyosaki believes the US economy is in depression 3 hours ago Bitcoin sell-off alert as ETFs take a hit and money outflows 3 hours ago Worldcoin crypto eyes partnership with ChatGPT’s OpenAI and PayPal 20 hours ago Buterin’s comments we

The Ethereum network has undergone notable changes in recent times. On September 15, 2022, the network transitioned from a proof-of-work mining model to a proof-of-stake model. This transition has led to a significant reduction in energy consumption, with reports indicating a 99.95% decrease. A few days ago, the network implemented the Dencun upgrade, which was designed to improve its functionality and performance. However, following this upgrade, the price of Ethereum ( ETH ) has experienced a decline, falling below the $4,000 mark. ETH had recently shown growth, rising by 4.8% in the last seven days. At press time, ETH is trading at $3,150, according to CoinGecko data. ETH is up by 68.5% year-to-date and has regained the $3,100 level recently. Also read: Shiba Inu Makes Crucial Shibarium Announcement: Can SHIB Hit $0.0001 In May? Source: CoinGecko Ethereum Price Prediction for May As investors and traders closely monitor Ethereum’s price action, cryptocurrency

The world’s largest custodian bank, BNY Mellon, has revealed that it has invested in Bitcoin (BTC) ETFs (Exchange Traded Funds). BNY Mellon, the oldest bank in the US, reported via an SEC (Securities and Exchange Commission) filing that the firm has exposure to BTC ETFs from BlackRock and Grayscale. JUST IN: World's largest custodian bank, BNY Mellon, reports exposure to #Bitcoin ETFs. — Watcher.Guru (@WatcherGuru) April 26, 2024 Also Read: Grayscale Bitcoin ETF Breaks Record With 72-Day Outflow Streak The US SEC made a historic decision in January of this year to approve 11 spot Bitcoin ETFs. American crypto investors had long asked for a spot BTC ETF, and their prayers were answered earlier this year. The approval of the BTC ETFs took the crypto market by storm, leading to BTC hitting a new all-time high of $73,737 in March. The growing demand for BTC ETF exposure shows the rising interest in the emerging asset class among institutional investors. Hong Kong’s

As the crypto market pulsates with renewed vigor post-Bitcoin halving, Shiba Inu (SHIB) is making a significant impact. Institutional buyers have injected a staggering $12 million into the meme coin, sparking a fervent rally that’s seen it climb by 14% over the week. Currently sitting at the 11th spot on CoinMarketCap with an impressive market cap of $15 billion, Shiba Inu’s resurgence is a hot topic in the crypto community. Is Shiba Inu (SHIB) leading the meme coin rally as the crypto market turns bullish? The cryptocurrency market is currently experiencing a robust rebound, and it’s not just the heavyweights like Bitcoin and Ethereum that are enjoying the bullish trend. Meme coins, spearheaded by Shiba Inu, are also capturing significant gains, signaling a shift in market sentiment from fear to greed, as indicated by the Greed Index gauge at 65. Major cryptocurrencies such as Ethereum and Solana are seeing noteworthy advances, contributing to a broader market rally. However, it

Bitcoin (BTC) has corrected below the $65,000 support, coinciding with a weakened market risk appetite.  Notably, market players have maintained that post-halving, Bitcoin needs to sustain its price above $65,000 for any real chance to establish a new all-time high. However, crypto trading expert Alan Santana has projected that BTC is primed for further correction as the market becomes frustrated with sustained consolidation. In a TradingView post on April 25, the expert noted that with market sentiment having shifted to frustration, the next major support level to watch is $51,000 to $53,000. Picks for you Why is gold valuable? Insights into its unshakeable market status 10 mins ago Build your millionaire portfolio: 3 must-buy stocks for serious growth 17 mins ago Biden proposes 25% tax on unrealized gains for high-net-worth individuals 1 hour ago Opportunity or warning sign? Only 35% of Cardano holders in profit 2 hours ago Despite fleet

The new Solana-based meme coin, Slothana, is poised to hit crypto exchanges in just four days following an incredibly successful presale that raised over $15 million. The frenzy surrounding Solana’s meme coins has dominated the market, propelling numerous projects to unprecedented heights virtually overnight. Many tokens originating from this popular network have experienced substantial gains in recent months. For those who have been observing during these remarkable surges, rest assured – Slothana offers a potential opportunity to join the next wave of meme coin excitement. The Next Potential Success Story Among Solana Meme Coins Slothana pays tribute to the relaxed lifestyle embodied by sloths while taking cues from the remarkable success of Slerf, another sensation born on Solana that captured widespread attention. The recent surge in daily gains, sparked by a developer mishap last month, propelled $SLERF to unprecedented levels of popularity, showcasing the potential for explos