Cryptocurrency

Traditionally limited to venture capitalists and high-net-worth individuals, these investment opportunities will now be available to a broader audience. Alongside the platform launch, Colony Lab introduced the ‘Liquid Vesting’ feature, which allows for flexible trading of tokens during their lockup period.The community-driven accelerator said its ‘Liquid Vesting’ feature is a first in crypto space. Specifically, it enables investors to trade their locked or vesting tokens on Colony’s decentralized exchange (DEX) without conventional restrictions. This allows for unlimited trading of tokens that are not yet fully vested, providing deeper liquidity and investment flexibility without impacting the secondary market. All transactions are conducted on-chain to ensure transparency and security.Following two years of development, Colony’s Early-Stage platform and Liquid Vesting feature will enable users to invest directly in seed sales of early-stage projects from the outset. Elie Le Rest, CEO and Co-Founder of Colony Lab, stated, “When we developed the platform and the ‘Liquid Vesting’ feature, our aim was to make investing in crypto simple and flexible for everyone.”“We hope these enhancements will create more opportunities for early investors and improve liquidity in the primary market. Our goal is to transform investment practices in the blockchain world by prioritizing clarity, security, and openness.”With these new features, Colony Lab is introducing liquidity to the primary market for the first time and making early-stage investments accessible to a wider audience. The Colony Lab community currently consists of over 8,000 active users, collectively boasting a net worth of $200 million.Colony Lab is also focused on accelerating the growth of the Avalanche ecosystem through a community-centric approach. By channeling investments into strategic areas of the AVAX landscape, Colony Lab provides unique financial opportunities for its stakers.  More

Eligible clients of IBUK can transact and view balances through a single platform that provides a unified view of their IBUK securities brokerage account and their crypto account at Paxos Trust Company. Clients benefit from the convenience of centralized cash management and can trade BTC, ETH, LTC and BCH plus stocks, options, futures, currencies, bonds, mutual funds, ETFs, and more from a single screen. This eliminates the need for investors to trade through different trading platforms and allows financial advisers to efficiently manage portfolios and allocate a percentage of client assets to cryptocurrency.”Interactive Brokers offers a wide selection of global investment products, sophisticated technology and competitive pricing,” said Gerald Perez, Chief Executive Officer at Interactive Brokers (U.K.) Limited. “Introducing cryptocurrency trading gives UK clients enhanced flexibility to invest across markets and asset classes while also adding exposure to digital assets.”Cryptocurrencies are denominated in USD on Interactive Brokers’ platform, and clients can convert GBP (or other currencies) to USD with spreads as tight as 1/10 of a PIP. As with any product on the Interactive Brokers platform that is denominated in a currency different than the currencies a client holds in their account at the time:Cryptocurrency commissions for IBUK clients are a low 0.12% – 0.18% of trade value, depending on monthly volume, with a USD 1.75 minimum per order. In addition, clients are not charged any added spreads, markups, or custody fees.Interactive Brokers (U.K.) Limited is registered with the Financial Conduct Authority as a crypto assets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Crypto assets are unregulated in the UK and are not subject to the Financial Services Compensation Scheme (FSCS) or the Securities Investor Protection Corporation (SIPC). All exchange and custody services for clients of IBUK in connection with trading and holding cryptocurrency tokens and other digital asset tokens through IBKR platforms are provided by Paxos Trust Company (a New York Limited Trust Company licensed by the New York Department of Financial Services). More

SHIB has managed to break out of a descending triangle pattern. The price recently closed above the upper trendline of this pattern, suggesting a possible bullish breakout. This move is supported by increased buying volume.The 50-day moving average is currently above the 100-day moving average, indicating a bullish crossover in the medium term. However, the price is still below both moving averages, which suggests that SHIB needs to maintain its upward momentum to confirm a longer-term bullish trend.The Relative Strength Index (RSI) at the bottom of the chart is around 45, which is in the neutral zone. Key support levels to watch are around 0.000021 and 0.00001817. If SHIB can maintain its position above these levels, it could signal a strong foundation for future gains.On the resistance side, the immediate resistance level is around 0.000024. A successful break above it might open the door for a test of the next significant resistance at 0.000026. If SHIB manages to break through these resistance levels with strong volume, it could lead to a more sustained rally.SOL is trading around $145, with the 50-day EMA providing resistance around $157 and the 100-day EMA offering support at approximately $140. This squeeze signifies a narrowing trading range, which typically leads to a breakout once the price moves decisively above or below these levels.The RSI is currently at 48, indicating a neutral stance. This means SOL is neither overbought nor oversold, giving it room to move in either direction. The volume bars show a decline in trading activity, which is common during consolidation phases. Once a breakout occurs, we can expect a surge in trading volume, confirming the direction of the move.Key support levels to watch are at $140 and $116. The latter is particularly significant as it coincides with a previous low and the 200-day EMA, suggesting strong buying interest at this level. If SOL breaks below $140, it could test the $116 support, potentially leading to further declines if this level does not hold.On the resistance side, the immediate level to watch is $157, marked by the 50-day EMA. A successful break above this level could lead to a test of the $170 region, followed by a potential rally toward the $200 psychological level. For SOL to establish a bullish trend, it needs to break and sustain above these resistance levels with strong volume support.BTC has been consolidating around this resistance level after a series of lower highs and lower lows. The price is getting squeezed between the 50-day EMA (blue line) and the 100-day EMA (orange line), suggesting increasing pressure for a significant move.A break above the $62,000 resistance level could indicate a bullish reversal, while a failure to do so may result in a further correction within the existing descending channel.The RSI is around 44.98, which is in the neutral zone, suggesting there is room for movement in either direction. Additionally, the volume has been declining, which often precedes a major breakout or breakdown. If the price can break above the $62,000 level with strong volume, it would likely confirm the start of a new bullish phase.This article was originally published on U.Today More

The TD Sequential indicator operates on the principle of sequential counting of candlesticks to identify potential trend reversals or continuation patterns. According to Martinez’s analysis, the indicator has triggered a buy signal, indicating a potential price rebound for Bitcoin, which is currently trading at $61,800, approximately 20% below its all-time high. This signal typically occurs when a series of consecutive candlesticks display a specific pattern, signaling exhaustion of the current trend and suggesting a reversal may be imminent.Powell emphasized the resilience of the U.S. economy, citing last year’s GDP growth of more than 3% and the strength of the labor market, which he believes is as tight as it has been since before 2020.However, he reiterated that patience is needed with regard to inflation, emphasizing the need for continued tight monetary policy measures to maintain economic stability. Despite acknowledging higher-than-expected first quarter inflation numbers, Powell expressed confidence in the economy’s ability to overcome challenges.This article was originally published on U.Today More

The bearish slump has also engulfed the duo of Toncoin (TON) and Shiba Inu (SHIB). Earlier today, TON soared as high as 5%; however, at the time of writing, the coin is down by 6.85% to $6.846. Shiba Inu (SHIB) was not spared from the market uncertainty, slipping by 2% to $0.00002362 after jumping as high as 6% earlier in the day. One intriguing similarity between these three assets is their strong community of backers. Though other altcoins like Binance Coin (BNB), Cardano (ADA) and Avalanche (AVAX) are on the rampage at the moment, the swift transition underscores how sensitive BTC, TON and SHIB are to trends on the market.As Bitcoin is the dominant coin of the three, the growth trends it is likely to exhibit in the short term have what it takes to trigger a corresponding recovery. Amid the sudden price slip, market experts believe conditions are primed for Bitcoin to chart ambitious new uptrends.The Bitcoin halving event and the accompanying demand from the spot Bitcoin ETF market serve as a massive catalyst to drive the price of the coin. Over the past few weeks, many bullish revelations have shown that many top financial and investment firms have exposure to spot Bitcoin ETFs. Among the most revered include UBS, BNP Paribas (OTC:BNPQY) and Susquehanna International Group.The important fundamental news in the Shiba Inu and Toncoin ecosystems can also drive sustained sentiment to fuel a comprehensive price recovery.This article was originally published on U.Today More

According to Pal, this cycle, characterized by near-perfect cyclicality, has been instrumental in propelling growth assets, particularly technology stocks and cryptocurrencies, to new heights.Central to Pal’s thesis is the idea that the depreciation of fiat currency, caused by increased liquidity to service debt obligations, serves as a catalyst for rising asset prices. He argues that this phenomenon, combined with the rapid adoption of cryptocurrencies, similar to the exponential growth of the internet, could pave the way for a monumental upsurge in cryptocurrency market capitalization. Pal foresees staggering growth from $2.5 trillion to $100 trillion, backed by Metcalfe’s Law and fueled by unprecedented levels of adoption.Chris Burniske, former head of cryptocurrencies at ARK Invest, agreed with Pal’s bullish outlook, stating that the cryptocurrency market could witness monumental growth, reaching $10 trillion in the near term and soaring to $100 trillion in the future. Pal enthusiastically endorsed Burniske’s view, emphasizing that there is a consensus in certain quarters of the financial community about the transformative potential of cryptocurrencies.As of now, according to the TOTAL Index Group, crypto market capitalization is estimated at $2.213 trillion, of which Bitcoin (BTC) holds $1.22 trillion, which is over 55% of the entire figure. Ethereum (ETH) takes up just over $350 million, with the remaining $640 million and a bit distributed among all other altcoins.This article was originally published on U.Today More

According to IntoTheBlock data, 5.1 million Bitcoin addresses, roughly 10% of the total addresses, bought BTC above $62,000 and the ATH of $72,500. Bitcoin traded above $62,000, around $62,540, at the time of IntoTheBlock’s post.At the time of writing, BTC was down 1.34% in the last 24 hours to $61,931 mirroring the fall in the cryptocurrency market ahead of key data releases. The cryptocurrency market fell slightly on Tuesday as investors awaited fresh inflation data and looked to comments from Federal Reserve policymakers, looking for signals about the future path of monetary policy.The April producer price index, which measures wholesale inflation, is coming out on Tuesday. The Dow Jones surveyed economists, who predict the PPI to grow 0.3% from last month.This is the first of two major inflation releases scheduled for the week, with the consumer price index for April due Wednesday. According to a Dow Jones survey, economists expect it will rise 3.4% year-on-year and 0.4% monthly.The statistics could influence investor views about when and how many rate cuts will occur this year; if the CPI and PPI indicate that inflation is decreasing, the prospects for a rate reduction may rise, and vice versa.More Fed officials, including Chair Jerome Powell, are scheduled to speak this week, potentially providing new insights into the monetary policy outlook.On a more positive note, digital asset investment products witnessed $130 million in inflows for the first time in five weeks. Bitcoin received $144 million in inflows, returning from a dismal month thus far. Nonetheless, the market’s predominant sentiment appears to be indecision.This article was originally published on U.Today More

He tweeted that the setup on the charts is beginning to look “scary bullish for Bitcoin.”Tapiero tweeted that the current sideways consolidation is nearly done, adding that markets always have some surprises in stock for traders and investors. He has not been able to detect any specific catalyst that will lead the Bitcoin bull run, but he does not think it is important in this case – “Specific catalyst unclear but it doesn’t matter.”Over the past 24 hours, the world’s primary cryptocurrency has gone down by 3.18%. This plunge was followed by growth of 1.29%. Bitcoin is currently changing hands at $61,950. Overall, since BTC lost the $65,000 level on May 6, it has been striving to recover it and has twice already attempted to break through the $63,300 zone – but to no avail so far.Bitcoin is expected by many to skyrocket later this year or in 2025 after the fundamental event for BTC that happened in April – the halving. It reduced the block reward size to 3.125 BTC and, historically, Bitcoin has always skyrocketed after each of the three previous halvings.Another potential price catalyst is that spot ETFs continue to purchase Bitcoin en masse, having started their regular accumulation in January, when they were approved for trading by the SEC.Should this happen, billions of U.S. dollars will flow back into the U.S. and crash the dollar. He recommends buying Bitcoin, gold and silver as protection from this potential negative development.This article was originally published on U.Today More