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The blockchain tracking firm Lookonchain tweeted earlier today that a whale recently made a large Optimism (OP) deposit to Binance. According to the post, the whale had sent 1.04 million OP, worth approximately $1.48 million. Shortly after making the massive deposit, the firm noted that the whale had sold some OP tokens at a loss. Lookonchain believed that the whale had done this out of fear of the upcoming OP unlock happening later today, which may result in millions of OP being dumped in the next 24 hours. At press time, the altcoin’s price stood at $1.47 following a 3.62% drop over the past 24 hours, according to CoinMarketCap. During this time period, OP also weakened against the two crypto market leaders Bitcoin (BTC) and Ethereum (ETH) by 1.30% and 1.90% respectively. As a result, 1 OP was worth 0.00005426 BTC and 0.0007878 ETH. Daily chart for OP/USDT (Source: TradingView) The daily chart for OP/USDT showed that the altcoin’s price had been in a downward tren

Despite a slight decline of 0.24% in the general crypto market and concerns about a looming recession in the financial sector, $XRP has shown an upward trend with a 4.42% increase in the past 24 hours. This positive movement is attributed to favorable developments in the legal battle between the SEC and Ripple, with lawyer John E. Deaton predicting a future price surge for $XRP. Deaton believes many hesitant investors will enter the market due to fear of missing out (FOMO) once it surpasses the $1 mark. As optimism for Ripple’s legal case increases and the company forays into crypto-friendly environments like the United Arab Emirates (UAE) for business, could we see the asset reach the $2 mark in a short while? Conversely, a growing number of investors are also exploring early-stage crypto projects making their debut in the emerging industry. One such trailblazer is the $WSM token, which has raised over a million dollars in presale less than one week after its debut. XRP Gains an

Cardano’s ADA native token is among the few cryptos pushing their bullish agendas on Tuesday with $177 million in trading volume coming in over 24 hours. The smart contracts token is currently trading at $0.383 while printing a green daily candle, which if it closes above $0.42 could trigger an incredible 42% move to $0.6. Cardano Price Grinds Toward 42% Triangle Breakout ADA, the $13 billion token appears to have finally embarked on a trend reversal after enduring immense selling pressure from highs around $0.461 in mid-April to support established at $0.355 and reinforced by an ascending trendline. The last couple of weeks were particularly challenging for Cardano price, considering the dilapidated market conditions made worse by shrinking trading volumes. Moreover, ADA had lost most of the primary support areas, especially those provided by the major applied moving averages, starting with the 200-day Exponential Moving Average (EMA) (in purple), the 50-day EMA (in red), and the

Wintermute has been associated with Optimism for providing the supply of tokens and maintaining liquidity in the market. OP price marginally trading lower amid selling by the firm. advertisement Wintermute Trading Selling Optimism Tokens Wintermute started selling Optimism tokens on Sunday by selling 1000 Optimism (OP) tokens. However, the market maker dumped 2.65 million OP tokens worth nearly $5 million in the past 24 hours. The company dumped 2 million OP tokens in a single transaction to Binance, confirming its intention to dump Optimism tokens ahead of the unlocking event on June 1. According to token.unlocks, 9% of the total Optimism (OP) tokens supply is unlocking on June 1. This represents 386 million OP tokens worth over $626 million, which will unlock. Among the 9% supply, 4.75% belongs to core contributors and 4.25% belongs to investors. Recommended Articles

As Metaco revealed earlier today, prominent Wall Street brokerage platform, NASDAQ Global Select Market has congratulated the firm, a gesture that appears to have more undertones than envisaged. Ripple is still a privately held firm and with NASDAQ being a major hub for publicly traded firms, celebrating the acquisition has given room for many projections. advertisement Weekend vibes.@Nasdaq 👏 @Ripple x @metaco_sa pic.twitter.com/75svnN4gJQ — Metaco (@metaco_sa) May 28, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks

Join Our Telegram channel to stay up to date on breaking news coverage One of the core developers at the MakerDAO decentralized platform has proposed raising the savings rate for the DAI stablecoin. DAI is one of the largest and most popular collateral-backed stablecoins in the cryptocurrency sector. MakerDAO wants to increase the DAI savings rate to 3.3% The increased interest rates for the DAI stablecoin come amid increased interest rates in the traditional finance industry. The US Federal Reserve and other central banks globally have been raising interest rates to tame inflation levels, which has, in turn, increased the cost of borrowing. MakerDAO published an update on Twitter on the possibility of raising interest rates. Brace yourself, DAI holders, for a DSR at 3.33%. An upcoming Executive Vote will deploy a new DSR raise, from 1% to 3.33%, if approved. This change was put forth by @BlockAnalitica and submitted via the latest Stability Scope Parameter Changes. →

Join Our Telegram channel to stay up to date on breaking news coverage Shaquille O’Neal, the former NBA superstar, has been hit with yet another lawsuit. Moskowitz Law Firm served the NBA star with this lawsuit on Tuesday during a live NBA game where he was broadcasting. Shaquille O’Neal Evades FTX and Astral NFT Lawsuit The basketball legend faces a $1 billion legal suit with other celebrities , including Stephen Curry, Diesel, Tom Brady, Gisele Bündchen, Larry David, and Naomi Osaka . The plaintiffs claim the celebrities promoted FTX, giving investors false promises before the cryptocurrency fell into bankruptcy. Shaq has been trending for his various methods of evading the Miami-based Moskowitz Law Firm’s lawsuits. They threw legal papers on his moving car as he sped away in one incident. pic.twitter.com/MLg1v6zAET — SHAQ (@SHAQ) March 10, 2022 The lawsuit alleges a violation of securities laws by selling unregistered Astrals tokens. In a bid to promote investment in

Dogecoin is a popular meme coin that has inspired many other animal-themed cryptocurrencies. DOGE paved the path for the numerous cats and dogs that are flooding the meme coin realm. Meme coins were primarily developed as a joke, as their name suggests. However, over time, they have gained prominence as an important niche. Robinhood has held a substantial amount of 24% of the Dogecoin circulating supply. However, according to the latest data from Dogecoin Whale Alert, DOGE holdings have dropped from 24% to 16%. # Dogecoin circulating supply held by @ Robinhood App was steady at 24% but has now dropped to 16%. See series of tweets we sent 2 days ago… several massive txs moving $ doge from Robinhood to top 20 wallet. It is possible that the receiving "top 20" wallet belongs to… https://t.co/A6pw7ZeiX0 — Ðogecoin Whale Alert (@DogeWhaleAlert) May 25, 2023 Robinhood DOGE holdings drop to 16% Dogecoin Whale Alert was the Twitter account to first share the drop.

When matched against the current President, DeSantis received 47 percent and Biden received 46 percent among all registered voters, the poll revealed. advertisement Trump remains at top among Republicans As the field of Republican presidential contenders in the 2024 primary race develops, former President Donald Trump remains at the top of the list of declared or potential candidates with 56 percent support among Republicans, followed by Florida Governor Ron DeSantis with 25 percent, according to a Quinnipiac National report. On the other hand, Former United Nations Ambassador and South Carolina Governor Nikki Haley receives 3 percent. Former Vice President Mike Pence, South Carolina Senator Tim Scott, and former New Jersey Governor Chris Christie each receive 2 percent. DeSantis talks crypto with Elon Musk Florida’s governor and the latest Republican Party’s leadership candidate talked about crypto currencies and Bitcoin in a Twitter space with El

Join Our Telegram channel to stay up to date on breaking news coverage In an era of political stagnation in the United States, while other regions are actively developing crypto frameworks, it is crucial to examine the growing demand for crypto assets on the ground. Cryptocurrency Demand Surges in Troubled Economies The demand for these assets is particularly significant as numerous large countries grapple with surging inflation, unstable currencies, autocratic control over financial access, and an increasing awareness of cryptocurrencies among their populations. The lack of trust in centralized institutions further amplifies the need for alternative financial systems. One such country is Pakistan, the world’s fifth most populous nation with over 239 million people. Recent reports suggest that the Pakistani government has firmly stated that cryptocurrencies will never be legalized in the country to avoid penalties imposed by the Financial Action Task Force (FATF). At first g