Global #cryptocurrency

Some top analysts on Wall Street are suggesting that the US Federal Reserve's potential shift in stance on inflation could serve as a catalyst for a significant surge in the cryptocurrency market, potentially amounting to trillions of dollars. This forecast is driven by the anticipation of about $6 trillion in sidelined capital returning to the market as the Fed eases its hawkish stance.

As the Fantom (FTM) price surges to its highest levels in a month, investors are pondering whether it's still a good time to invest in Fantom.

The cryptocurrency industry is eagerly awaiting May 23, when the US Securities and Exchange Commission (SEC) is scheduled to announce its decision on VanEck's spot ETH exchange-traded fund (ETF) application, followed by ARK 21Shares' decision on May 24.

Telegram's extensive user base is proving to be fertile ground for cryptocurrency adoption, with viral games like Notcoin gaining immense popularity. Notcoin amassed over 30 million users on Telegram and established TON-based cryptocurrency wallets in under two months.

Shiba Inu and Dogecoin remain popular options for investors as the bull market progresses. However, recent crashes have not only affected their prices but also dampened market sentiment surrounding these meme coins.

Recent on-chain data indicates that Litecoin whales have collectively engaged in a buying spree, amounting to approximately $230 million. This significant investment surge suggests a potentially bullish outlook for the coin.