Weekly Crypto Roundup #25

2023-05-05 16:44:17

¡Hola [email protected] cryptofans! Today we bring you a super complete summary of the most important news in the world of cryptocurrencies. Ready to know what is happening?

First, we will talk about Cardano (ADA) which is in a retracement and a bear flag, but despite this, it is expected to resist at $0.37. It seems that the coin is going through a bit of a crisis, but take heart! which will surely come back soon.

Sticking with Ethereum (ETH), good news! Deposit contracts have reached their all-time high in version 2.0. This means that more and more people trust this cryptocurrency and its blockchain technology.

Now we move on to something more fun: the battle of the memes in the middle of the OKX list. Who is the king of memes? Pepe! Yes, the most famous frog on the internet has won this curious competition. Although it is always advisable to be careful with this type of new tokens.

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As for Bitcoin (BTC), it is just below $30,000, but everything indicates that it may break that barrier again in the short term, according to our technical analysis specialist. This is exciting! What will happen to the price of the most famous coin in the world?

But not all is joy in the crypto world, since Ethereum (ETH) has broken down, although it maintains its main support at $1,800.

Also, this week the SUI Mainnet was launched. What’s that? It is a new cryptocurrency that promises a lot. Here we tell you everything you need to know about her. Pay attention!

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Finally, we talk to you about the White House proposal to impose a punitive tax on cryptocurrency mining. What madness! But don’t worry, because there are those who are fighting against this idea, like Robert Kennedy Jr.

In conclusion, this is an interesting time in the world of cryptocurrencies, with ups and downs and surprises. But in the end, the important thing is to be informed in order to make intelligent decisions regarding our investments. Until next time friends!

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