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Bitcoin (BTC), the oldest and most valued crypto coin, managed to climb above the $29,000 mark early Thursday following a 25-bps interest rate hike by the US Federal Reserve. Ethereum (ETH) also managed to climb above the $1,900 mark as well. Other popular altcoins including the likes of Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) landed in the greens across the board. WOO Network (WOO) emerged to be the biggest gainer of the lot, with a 24-hour gain of over 10 percent.

The global crypto market cap stood at $1.20 trillion at the time of writing, registering a 24-hour gain of 1.51 percent.

Bitcoin price stood at $29,118.89, registering a 24-hour jump of 2.06 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 25.09 lakh.

ETH price stood at $1,903.58, marking a 24-hour gain of 2.36 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.64 lakh.

DOGE registered a 24-hour jump of 1.43 percent, as per CoinMarketCap data, currently priced at $0.07949. As per WazirX, Dogecoin price in India stood at Rs 6.91.

Litecoin saw a 24-hour gain of 0.94 percent. At the time of writing, it was trading at $88.47. LTC price in India stood at Rs 7,606.37.

XRP price stood at $0.4642, seeing a 24-hour jump of 0.35 percent. As per WazirX, Ripple price stood at Rs 40.

Solana price stood at $22.25, marking a 24-hour gain of 1.66 percent. As per WazirX, SOL price in India stood at Rs 1,974.89.

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

WOO Network (WOO)

Price: $0.287624-hour gain: 10.68 percent

Conflux (CFX)

Price: $0.32824-hour gain: 7.31 percent

Fantom (FTM)

Price: $0.442224-hour gain: 7.16 percent

Rocket Pool (RPL)

Price: $51.9024-hour gain: 7.01 percent

Render Token (RNDR)

Price: $2.2124-hour gain: 6.14 percent

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Sui (SUI)

Price: $1.4024-hour loss: 68.93 percent

Toncoin (TON)

Price: $2.0524-hour loss: 2.87 percent

Huobi Token (HT)

Price: $3.2624-hour loss: 1.70 percent

MultiversX (EGLD)

Price: $39.5324-hour loss: 1.60 percent

Cronos (CRO)

Price: $0.0707824-hour loss: 1.42 percent

Mudrex co-founder and CEO Edul Patel told ABP Live, Bitcoin regains strength following the US Federal Reserve's announcement of a 25 basis points hike in interest rates. With the Fed signalling that this could be the final increase for the time being, Bitcoin is currently trading at around $29,000, edging closer to its resistance levels of $29,420 and $30,000. In a similar vein, Ethereum has enjoyed a 2 percent increase in value, currently trading above the $1,900 mark. As Friday approaches, investors and traders are closely monitoring the upcoming release of US employment figures.

WazirX Vice President Rajagopal Menon said, Bitcoin prices are recovering after the 25 bps interest rate hike by the US Federal Reserve. However, some strategists say bank failures are now driving crypto prices, countering the Fed's actions. On WazirX, IDEX (IDEX) and Stacks (STX) have been the top gainers in the last 24 hours.

Sathvik Vishwanath, CEO and co-founder of Unocoin said, Bitcoin bounced back from the $28,100 level but faces strong resistance at the $29,295 level. A break above this level could lead to a target of $29,975 and eventually $30,000. However, the candlestick patterns indicate bearish sentiment, while the RSI and MACD indicators indicate a possible downtrend. The 50-day EMA also acted as a support area for around $28,800. Immediate support lies near $27,600 and a break below this level could lead to further declines towards $27,200. US Fed raises rates by 25 bps as expected.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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Cryptocurrency Price Today: Bitcoin Climbs Above $29,000, Ethereum Regains $1,900 Mark - ABP Live

May 3, 2023 11:00 AM | 1 min read

Over the past 24 hours, Lido DAO's (CRYPTO: LDO) price has fallen 4.15% to $1.9. This continues its negative trend over the past week where it has experienced a 12.0% loss, moving from $2.2 to its current price.

The chart below compares the price movement and volatility for Lido DAO over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has tumbled 46.0% over the past week while the circulating supply of the coin has risen 0.28%. This brings the circulating supply to 877.26 million, which makes up an estimated 87.73% of its max supply of 1.00 billion. According to our data, the current market cap ranking for LDO is #36 at $1.67 billion.

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Cryptocurrency Lido DAO Falls More Than 4% In 24 hours - Benzinga

Big Eyes Coin (BIG)has emerged as one of the most substantial and flourishing crypto presales in recent history. Although the presale is nearing its conclusion, investors still have some time left to invest before its closing. As Big Eyes Coin gains momentum in the crypto sector, Bitcoin (BTC) and Litecoin (LTC) are gearing up for halving events. The query arises as to whether these events will have any impact on the triumph of novel coins like Big Eyes Coin.

The presale of Big Eyes Coin has been highly successful, with investors eager to acquire this innovative digital asset. The presale has generated over $33 million, making it one of the most prosperous ones in recent times. However, potential investors only have a few days left to participate as the presale ends on June 3rd. Nevertheless, there is still an opportunity to take advantage of this chance and secure a profitable future with Big Eyes Coin. By using the code END300, investors can receive a 300% bonus, making it an even more lucrative venture.

Big Eyes Coin is not just another ordinary cryptocurrency. It is a digital asset with a mission to create a positive impact on the world. The cryptocurrency has pledged to donate 5% of its total supply to support ocean conservation efforts, which not only benefits the planet but also strengthens the cryptocurrencys success. Big Eyes Coin also fosters a strong community through social media contests and events that create excitement and unity among supporters and investors. With these initiatives, Big Eyes Coin offers a unique investment opportunity that not only provides financial returns but also supports social and environmental causes.

The upcoming halving event for Litecoin is scheduled to occur on August 2, 2023, and it takes place every five years. This event involves cutting the block reward for miners by 50%, resulting in them receiving half the number of coins for verifying transactions.

The purpose of the Litecoin halving is to regulate the supply of coins and prevent inflation. By reducing the block reward, the amount of Litecoin in circulation will decrease, making it scarcer and possibly increasing its value. This is viewed as a positive event that creates a feeling of rarity and demand for cryptocurrency.

Bitcoin, the largest cryptocurrency in the world, underwent its third crypto halving on May 11, 2020, marking a significant event in the cryptocurrency industry. The halving event, which happens every 210,000 blocks and reduces the block reward for miners by 50%, took place after approximately four years. Like Litecoin, the primary aim of Bitcoin halving is to control coin supply and prevent inflation. The reduction in block reward makes Bitcoin rarer and could potentially increase its value, creating a bullish scenario for the cryptocurrency market.

The Litecoin and Bitcoin halving events are crucial moments in the cryptocurrency industry that could generate bullish momentum. A decrease in block reward reduces the coin supply, creating a sense of scarcity and demand for digital assets. However, mining profitability could be affected, which might impact the overall network hash rate.

Investors interested in Big Eyes Coin can leverage potential bullish momentum during the bull market and invest in a cryptocurrency with a high potential ROI, taking advantage of the halving events.

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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A Meme-Inspired Cryptocurrency That's Ready To Compete With ... - Analytics Insight

PRESS RELEASE

Published May 4, 2023

Chiron Investigations, a prominent investigation services provider, has introduced a fresh set of solutions aimed at supporting businesses in the fight against internet-based crime. Chiron Investigations collaborates with companies that have experienced a variety of cybercrimes, providing tailored case analysis, comprehensive transaction investigations, engaging stakeholders to evaluate offender methods, identifying the chain of events to conduct root cause analysis, and fortifying protection against future threats by deploying strong security measures.

As online transactions and commerce have grown, so have the risks of cybercrime. Team of experts offers support to those seeking to understand how to get their stolen crypto back. Chiron Investigations acknowledges the severe impact of online crime on the reputation, operations, and finances of organizations. In response, the company has developed comprehensive solutions tailored to the specific needs of each client, aiming to shield them from the repercussions of such malicious activity.

"Our primary objective is to assist businesses in recovering from the effects of online crime and empowering them with the necessary tools to prevent future occurrences," stated the IT Head of Chiron Investigations. "We closely collaborate with our clients to comprehend their unique challenges and then design customized solutions accordingly. Our team of seasoned experts has extensive experience in investigating and preventing online crime, and we are committed to delivering the highest quality of service to our clients."

Chiron Investigations offers a suite of services aimed at helping businesses prevent and recover from online crime. The company provides tailored solutions, including bespoke case analysis, thorough transaction investigations, closer engagement with stakeholders to evaluate offender techniques, identifying the chain of events to conduct root cause analysis, and deploying robust security systems to guard against future threats.

In addition to working closely with law enforcement agencies and financial institutions to ensure that criminals are held accountable for their actions, they are also committed to helping those impacted by crypto trading platform crimes. Chiron Investigations leverages cutting-edge technology and sophisticated methodologies to track down stolen funds, and bring culprits to justice. The company collaborates closely with law enforcement agencies and financial institutions to ensure that perpetrators are held accountable for their crimes.

"Our philosophy is to offer a holistic solution that encompasses all aspects of online crime," commented the spokesperson for Chiron Investigations. "We recognize the severe consequences of cybercrime on organizations, and our mission is to aid our clients in safeguarding themselves against future incidents." The spokesperson added.

Chiron Investigations' team of experts employs a comprehensive approach to tackle cybercrime, utilizing state-of-the-art technology and industry-best practices. By working in partnership with law enforcement and financial institutions, the company ensures that criminals are apprehended and brought to justice.

Chiron Investigations' services are not only available to businesses of all sizes and across all industries, but they also provide flexible plans that include crypto recovery services to help get stolen bitcoin back. This ensures that their services are accessible to everyone, regardless of budget, and that victims of cryptocurrency theft have a reliable resource to turn to.

We firmly believe that every business deserves to operate without fear of online crime, and we are dedicated to providing them with the peace of mind that comes with robust protection," stated the CFO of Chiron Investigations. "Our team is passionate about delivering customized solutions to meet our clients' unique needs, and we are committed to making a difference." Further added by CFO.

For more information about Chiron Investigations and their services, visit their website at http://www.chiron-investigations.com

About Chiron Investigations:

Chiron Investigations is a leading provider of investigation services that help businesses recover from the effects of online crime. The company offers customized solutions to suit each client's unique needs, including custom analysis of cases, detailed investigations into transactions, closer interaction with stakeholders to assess the methods used by perpetrators, drawing a trail of events to establish root cause analysis, and protection from future occurrences through the deployment of robust security systems. Chiron Investigations' team of experts has years of experience in investigating and preventing online crime and works closely with law enforcement agencies and financial institutions to bring perpetrators to justice.

COMTEX_431608835/2805/2023-05-03T19:05:10

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Count on Chiron Investigations for Swift and Dependable ... - Digital Journal

The forex and cryptocurrency markets have been in the spotlight in recent years, catching the attention of investors and traders alike. While these two markets have many obvious differences, they also share some similarities. In fact, there are many instances where they could also impact each other. Investors and traders who have a clear understanding of the correlation between the two, in both favorable and less-favorable aspects, would have an upper hand in terms of analytical capabilities.

The main differences between forex and cryptocurrency

Forex is the largest and most liquid financial market in the world, with a daily trading volume that exceeds $6 trillion, as stated by Bloomberg. In the case of forex, currencies are sold in pairs, such as EUR/USD or GBP/JPY. This is done with the goal of profiting from changes in exchange rates. According to Yahoo, Some traders prefer to work with exotic currency pairs, which include a major currency and a currency of a developing economy like South Africa or Mexico.

Cryptocurrencies, by contrast, are digital currencies that make use of cryptography, and operate independently of central banks. To backtrackcentral banks play a pivotal role in the forex market. It is also worth noting that cryptocurrencies carry more risk than forex and other CFDs due to the historically high volatility of crypto markets. This is why all top forex brokers in the UK regulated by the FCA have been banned from trading cryptocurrencies for retail investors from 2020.

The correlation between the two markets

Market sentiment is one of the main drivers that influences the correlation between the forex and cryptocurrency markets. When the sentiment is good, both forex and cryptocurrency markets tend to experience upticks in the form of increased buying activities, which typically lead to upward price movements. And of course, conversely, when market sentiment is negative, there are downward price movements.

Risk appetite serves as another correlation between the two markets. This refers to the willingness of traders and investors to risk big, in hopes of winning big. Thanks to the backing by central banks and governments, forex isnt risky by nature. But it must be stated that certain forex pairs can be more volatile and carry higher risk, especially in cases where emerging markets are involved. When it comes to cryptocurrencythe volatility is merely part of the game, and significant price fluctuations can be seen within short periods of time. According to Cointelegraph, crypto investors are usually more risk-averse and prefer to leave their investments on autopilot; they do not worry about daily price changes as much. On the other hand, traders thrive on taking risks and must have an excellent understanding of market volatility and conditions. By extension, traders and investors with a higher risk appetite are more inclined to invest in both forex and cryptocurrencies. This leads to a positive consensus and correlation between the two markets. Conversely, negative correlations come into play when traders and investors end up reducing their exposure to both markets. It is also worth noting that cryptocurrencies carry more risk than forex and other CFDs due to the historically high volatility of crypto markets.

In recent years, there have been cases of traders and investors incorporating cryptocurrencies into their forex trading strategies. In these instances, they would view cryptocurrencies as an alternative investment and would turn to cryptocurrencies as a potential safe-haven asset in times of geopolitical uncertainty. This is comparable to traditional safe-haven assets such as gold. These are the instances in which changes in the value of cryptocurrencies would potentially impact forex markets, due to perceived risks and opportunities in the overall market. Cryptocurrency-related financial products, such as cryptocurrency futures, options, and exchange-traded funds created further overlaps between cryptocurrencies, and forex.

The correlations is not always consistent or predictable

While there are some correlations between the forex and cryptocurrency markets, it is worth noting that they are not always consistent or predictable, and the reasoning quite obviously boils down to market performance. The hours of operation, as stated on Kiplinger, are very different between the two, as forex markets see daily trading 24 hours per day, 5 days per week. Crypto markets not only see the same type of nonstop weekday activity that action extends to weekends as well. Both of these markets are influenced by factors that include economic indicators, geopolitical events, central bank policies, market sentiment, technological developments, regulatory changes, and investor sentiments. Collectively, these factors can lead to opposite movements in their respective markets, leading to a more negative correlation as a result.

For example, in certain situations, forex and cryptocurrency markets may show divergent movements that trace back to differences in market structure and liquidity. Additionally, regulatory changes or announcements related to cryptocurrencies would naturally impact the correlation between forex and cryptocurrency markets. For instance, if a major economy announces bans on cryptocurrencies, it would likely impact the sentiment and prices of cryptocurrencies. Conversely forex markets would remain largely unaffected amid the chaos. This would also apply if there was institutional adoption of cryptocurrencies, as it would impact the sentiment and prices of cryptocurrencies, and again, forex markets would likely remain unchanged.

At the end of the day, while there are some correlations between forex and cryptocurrency markets, the relationship between the two is complex, and involvement in both isnt for the faint of heart. That being said, seasoned traders and investors are in the best position to analyze and understand the dynamics between the two, while novices in these realms are better off seeking expert advice to make the most informed business decisions.

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Forex and Cryptocurrency: Correlations That Traders and Investors Need to Be Aware Of - ShareCast