MATIC, like the rest of the altcoins, managed to garner some bullish momentum that may last for the next few days. Metrics too supported the altcoin on its bullish stride.

The lawsuit between Ripple and the SEC that began in 2020 could finally reach its conclusion over the next few days. The latest ruling by Judge Torres will see both parties filing public, redacted versions of the summary judgement in the next 21 days.

According to LunarCrush, PEPE managed to rank #2 across all social dimensions, however, on-chain metrics and PEPE’s activity over the last seven days could put the memecoin in a tough spot in the days to come.

BTC went on a rollercoaster ride again on 10 May as FUD around the U.S. government selling its BTC holdings crippled the market. However, the state of BTC hasn’t been at its best since the last few days and these holders of BTC could be to blame.

A bearish MATIC that didn’t have the best performance over the last couple of days could see some change in its atmosphere. This was because Polygon’s latest efforts in the crypto market could make traders interested in MATIC.

Sebastian Guillemot, co-founder of dcSpark and contributor to the Cardano platform stated that Cardano’s load was at 94% as of 8 May 2023. Upon hitting the 100% load, transactions could take a longer time to process. The executive also stated improvements that could be made on the chain.

Ethereum flashed strong bullish signs that may last the weekend as the king of altcoins made it to the list of top ten trending searches as per LunarCrush. ETH’s price action could offer a some respite to traders and investors.

Bitcoin’s reaction to the FOMC meeting could be considered as neutral but as per an analysis from CryptoQuant, BTC could be displaying signs of a bullish wave on the basis of its MVRV ratio.

OpenSea’s ex-employee was found guilty in the NFT insider trading case on 3 May 2023. The culprit, who pled not guilty, made at least $50,000 in illegal profit.

In the aftermath of the FOMC meeting, although BTC did make some moves in the green, it couldn’t be labeled as sufficient bullish pressure. The risk of a sizeable downside still persists considering higher exchange inflows, usual volume, and not much of a difference on the price front.

ADA road to recovery may be filled with more bears than expected. At the time of writing, ADA didn’t see any buying pressure from traders despite a satisfactory roundup presented by the Cardano community.

Tron did have some significant developments to share with the community. However, TRX didn’t seem to rise to the occasion.