Altcoin
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
Dogecoin price hits a two-month high amid speculations that Twitter’s rebrand to X would add a DOGE payment option.
A subtle change in Elon Musk’s Twitter bio has reignited rumors Dogecoin may soon be used for payments on Musk’s “everything app.”
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
- 07:24Bhutan Government Transfers Approximately 570 ETH Worth $1.03 Million to CEXAccording to Arkham monitoring data, approximately 20 hours ago, an address marked by the Bhutan government transferred 570.001 ETH, valued at approximately $1.03 million, to a CEX hot wallet address.
- 07:08Voltage Finance Exploiter Transfers $182,000 in ETH to Tornado CashIn 2022, a hacker involved in exploiting a $4.67 million vulnerability in the decentralized finance lending protocol Voltage Finance transferred some of the stolen Ethereum to Tornado Cash after a brief dormancy. Blockchain security firm CertiK posted on X on May 6, stating that 100 Ethereum, valued at $182,783 at current prices, were transferred from different addresses initially used for the exploit but could be traced back to the hacker. In March 2022, the exploiter took advantage of a "built-in callback function" in the ERC677 token standard, allowing them to drain the platform's lending pool through a reentrancy attack.
- 07:08Solayer to Unlock Tokens for Season 2 on May 16, 100% for Ecosystem Incentives and GrowthAccording to ChainCatcher, the Solayer Foundation announced that on May 16, the next round of community tokens will be unlocked, all of which will be used for second season incentives, early users, InfiniSVM developers, and ecosystem development, including the launch of native products and product growth plans. The foundation stated that it will gradually announce token distribution details and new product release plans in May.