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Bitcoin Hits $111,970 Record High Amid Market Overheat: Analyst Predictions

Bitcoin reached a new all-time high of $111,970 on May 22nd before coming down slightly to $110,700. Despite the slight drop, market overheating is at a low, indicating a possible further rise for Bitcoin. Analyses of Bitcoin's relative strength index also show overbought conditions, resulting in extreme greed conditions among investors.

Full Article: https://altsignals.io/post/bitcoin-hits-all-time-high-analysis

Summarised Video: https://www.youtube.com/shorts/cEYjq3t9obQ

#DOGE/USDT Manually Cancelled
Profit: 14.9646% 📈
Period: 11 Hours 9 Minutes ⏰

#B3/USDT Manually Cancelled
Profit: 14.6494% 📈
Period: 1 Hours 49 Minutes ⏰

#SNX/USDT Manually Cancelled
Profit: 7.7928% 📈
Period: 11 Hours 18 Minutes ⏰

#KDA/USDT Manually Cancelled
Profit: 14.2146% 📈
Period: 12 Minutes ⏰

#NOT/USDT Manually Cancelled
Profit: 45.3606% 📈
Period: 4 Hours 55 Minutes ⏰

Binance Futures, ByBit USDT, OKX Futures
#GALA/USDT Closed at trailing stoploss after reaching take profit ⚠
Profit: 12.5045% 📈

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Evolution of Blockchain: Thriving Web3 Beyond Traditional Technology Constraints

Discover how Web3 can thrive without blockchains, as Grigore Rou, founder of Pi Squared, explores alternatives to traditional blockchain structures. Delve into scalable, flexible protocols that surpass rigid total ordering, and the future role of blockchain as a universal verifier within a more agile stack, that could significantly revolutionize Web3's development and application.

Full Article: https://altsignals.io/post/blockchain-evolution-beyond-web3-limitations

Summarised Video: https://www.youtube.com/shorts/CR21TZ4nYHk

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James Wynn Bets $1.25 Billion on Bitcoin Despite Market Uncertainty

Prominent Hyperliquid trader James Wynn increases his Bitcoin bet to $1.25 billion, demonstrating high risk in the volatile cryptocurrency market. Following a successful trade with PEPE, Wynn suffered losses with Ether and Sui, further amplifying his Bitcoin position. Amid market changes sparked by global news, Wynn's aggressive trading strategy continues to influence his total profits and losses.

Full Article: https://altsignals.io/post/hyperliquid-trader-wynn-bets-on-bitcoin

Summarised Video: https://www.youtube.com/shorts/MESYa51v86k

Binance Futures, Bitget Futures, ByBit USDT, HyperLiquid Futures(ETH/USDC), KuCoin Futures, OKX Futures
#ETH/USDT All take-profit targets achieved 😎
Profit: 38.6641% 📈
Period: 1 Days 20 Hours 17 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, HyperLiquid Futures(SOL/USDC), KuCoin Futures, OKX Futures
#SOL/USDT Closed at trailing stoploss after reaching take profit ⚠
Profit: 15.0014% 📈

#XVS/USDT Manually Cancelled
Profit: 17.8087% 📈
Period: 4 Hours 14 Minutes ⏰

#AEVO/USDT Manually Cancelled
Profit: 33.7939% 📈
Period: 5 Hours 16 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#GRIFFAIN/USDT All take-profit targets achieved 😎
Profit: 122.9327% 📈
Period: 5 Hours 22 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#GALA/USDT All take-profit targets achieved 😎
Profit: 89.7973% 📈
Period: 11 Hours 12 Minutes ⏰

Binance Futures, ByBit USDT, HyperLiquid Futures(SOL/USDC), KuCoin Futures, OKX Futures
#SOL/USDT All take-profit targets achieved 😎
Profit: 36.0038% 📈
Period: 11 Hours 1 Minutes ⏰

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Key Factors Pushing Bitcoin Toward $120,000 Milestone

Bitcoin's price consolidates below its all-time high, indicating potential growth with whale accumulation, strong ETF inflows, and other factors. Large Bitcoin investors continue to accrue holdings, signaling increased confidence and bullish sentiment. The optimistic market trend is mirrored by the Crypto Fear & Greed Index and a hike in Open Interest for Bitcoin futures contracts.

Full Article: https://altsignals.io/post/bitcoin-on-track-to-120k

Summarised Video: https://www.youtube.com/shorts/zQxopX7pxfY

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African Blockchain Adoption Grows: Decentralized Strategies Address Real Problems

"Explore how blockchain technology is revolutionizing life in Africa according to Kevin Imani, head of StarkWares Africa Venture Studio, as he discusses its uses in finance, energy, and connectivity. Learn about how young students and communities across the continent are using decentralized alternatives for financial transactions, harnessing surplus energy resources with Bitcoin, and creating decentralized WiFi hotspot networks, despite reservations from governmental bodies."

Full Article: https://altsignals.io/post/blockchain-innovation-in-africa

Summarised Video: https://www.youtube.com/shorts/6I5-cutKVE4

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Jupiter's JUP Token Soars with Announcement of New Solana Blockchain Lending Protocol.

Jupiter, a decentralized exchange aggregator on Solana blockchain, announced plans for a new lending protocol, Jupiter Lend, causing a 10% surge in the price of its native token, JUP. The forthcoming protocol, expected to debut this summer, promises high loan-to-value ratios, low liquidation penalties, and an innovative two-layer architecture. The news comes amid growing user demand for decentralized finance lending solutions.

Full Article: https://altsignals.io/post/jupiter-token-surges-lending-protocol-announcement

Summarised Video: https://www.youtube.com/shorts/WWYFh9tdDeQ

🚨 Latest News 🚨

HYPE Token Skyrockets Amidst BTC High and CFTC Commissioner's Crypto Support

Hyperliquids HYPE token shows a stunning performance with a nearly 60% rally, driven by BTC's new all-time high and the CFTC commissioner's positive views on perpetual futures trading. The surge has led to an all-time high in total value locked on its native Layer 1 blockchain. Learn more about the events driving HYPE's rise and its impact on the crypto market.

Full Article: https://altsignals.io/post/hyperliquids-hype-token-top-performer

Summarised Video: https://www.youtube.com/shorts/2HaB9YR62tU