The bulls are Back in Action! But Will the Markets Hold These Levels Until the Weekend?
The crypto market is yet again painted in green with the Bitcoin prices trading above INR 23.5 lakh with a 3% surge at the press time. And hence almost all the altcoins have ignited a significant upswing with a notable margin. On the other hand, some tokens which are currently within the bearish captivity may recover in the next couple of hours.
The token that surged heavily as the market conditions eased and top the leaderboard is Internet Computer (ICP) with a 20% jump. The other tokens that surged notably are IOTA(MIOTA) with 11.16% & BitcoinSV (BSV) with 7.19%. While, XDC Network (XDC), Convex Finance(CVX) & 1Inch Network(1INCH) need to recover as they are still trading -2.25%, -1.97% & -1.56% respectively.
CRYPTO PRICES TODAY
| Price Trend | Price for June 01, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,257,184,755,864 | – |
| The total crypto market volume | $67,207,363,301 | – |
| Bitcoin Price | $30,519.31 | 2.21% |
| Ethereum Price | $1,823.74 | 0.26% |
*All prices are latest by 11:30 am, 03 June 2022.
Check out the Latest Crypto Prices, Charts, and Data of your favorite coin.
CRYPTO PRICE PREDICTION FOR THE DAY
STEPN(GMT)
The STEPN(GMT) price in almost all time horizons is pretty bearish as the market sentiments have flipped recently. No indicators are bullish right now, and neither displays a possibility of undergoing a notable rally in the near future. Yet some of the indicators are neutral and hence the price if not dropped may remain consolidated. On the other hand, in the longer time frame, MACD is slightly bullish and hence a significant upswing may be expected then.
Additional Read: STEPN (GMT) Price Prediction in Detail
TOP 3 CRYPTO GAINERS
| Crypto | Price* | Percentage Change |
| Internet Computer (ICP) | INR 729.44 | 15.86% |
| Phoenix Global (PHB) | INR 13.26 | 15.88% |
| STP Network (STPT) | INR 4.42 | 13.21% |
*All prices are latest by 11:30 am, 03 June 2022.
TOP 3 CRYPTO LOSERS
| Crypto | Price* | Percentage Change |
| Maker (MKR) | INR 95,625.27 | -3.06% |
| KAVA (KAVA) | INR 211.04 | -1.62% |
| 1inch(1INCH) | INR 74.28 | -1.61% |
*All prices are latest by 11:30 am, 03 June 2022.
Crypto Market Update
Chipotle Now Accepts Payments In Bitcoin, Dogecoin
The Mexican food chain Chipotle has announced customers can now start making payments in Bitcoin, Dogecoin, and other cryptos using Flexa. Users can now pay in cryptos like Bitcoin and Dogecoin in each of the 2,975+ restaurants in the United States. As of now, the announcement doesn’t mention support for the other countries. Flexa is a pure-digital payments network that allows users to easily spend their digital currencies at physical stores.
Source: Bitcoinist
Dogechain Now Available on Polygon Edge, Giving Dogecoin Users Access to DeFi and Web3
Dogechain, the official Dogecoin blockchain explorer, is now live on Polygon Edge. Being built with Polygon Edge might imply that Dogechain would now have the intrinsic ability to deploy dApps, create NFTs or even build blockchain games. As a result, this provides users with a long-term and cost-effective way of imbuing the original Dogecoin with Ethereum smart contract capability. Users of Dogecoin would now have access to DeFi and NFTs, paving the way for a new, decentralized internet known as Web3.
Source: uToday
Top NFT and Metaverse News
Kanye West Files NFT and Metaverse Trademark Applications
Several months after publicly criticizing non-fungible tokens, the American rapper Kanye West seems like softening his stance on the matter. According to 17 new trademark applications around his YEEZUS nickname, he could soon launch his own NFT collection. Newly-filed trademark applications indicated that West sought the United States Patent and Trademark Office’s (USPTO) approval to launch “blockchain-based non-fungible assets,” “currencies and tokens,” and “online retail store services featuring … digital art.”
Source: CryptoPotato
NEW COIN LISTING ON COINDCX
| New Coin | Market Capitalization | Circulating Supply |
| Kava (KAVA) | $525,152,268 | 201,645,213.00 KAVA |
| Livepeer (LPT) | $285,932,480 | 23,915,584.66 LPT |
| STEPN (GMT) | $584,589,209 | 600,000,000.00 GMT |
| Kava (KAVA) | $525,431,074 | 192,328,959 KAVA |
*All prices are latest by 12:20, 03 June 2022.
