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Today’s Crypto News
Gain insight into the latest news in the cryptocurrency industry and make decisions faster and more accurately
Articles Videos-
2024
May / 03
- Shiba Shootout: The Wild West Frontier of Meme Coin Investing
- May 03, 2024 at 10:32 pm
- Shiba Shootout, a trailblazing meme coin project, invites you to an unforgettable adventure. The presale grants access to exclusive benefits, including discounted $SHIBASHOOT tokens and a vibrant community. As a Shiba Sharpshooter, you'll explore an exciting Wild West landscape, conquer challenges, and forge lasting connections.
- Toss Suspicions Rock IPL Match, Prompting Calls for Investigation
- May 03, 2024 at 10:32 pm
- During the toss preceding the Mumbai Indians and Kolkata Knight Riders match in Mumbai, fans encountered controversy. After Hardik Pandya flipped the coin, it landed behind him and the match referee blocked the camera's view before it could zoom in. This action ignited fan outrage on social media, with accusations of rule violations and rigging.
- Altcoin Market Primed for Major Payouts: Five Coins to Snag Now
- May 03, 2024 at 10:32 pm
- In the midst of a market downturn, finding profitable altcoins for investment remains challenging. However, amidst the uncertainty, KangaMoon (KANG), Ethereum (ETH), Solana (SOL), Fantom (FTM), and Injective (INJ) emerge as top choices for massive returns in the coming months. KangaMoon, a novel meme project with Play2Earn and social-fi elements, stands out with early presale success and projections of 50x rallies. Ethereum, despite regulatory delays, has a strong foundation with its decentralized network and smart contracts. Solana boasts scalability and high transaction speeds, while Fantom aims to address scalability and security issues. Injective offers financial services and an interoperable platform. Despite recent dips, these altcoins demonstrate growth potential and should be considered for a diversified portfolio in anticipation of a market rebound.
- Ethereum Plummets Below $3,000, Casting Shadow Over Crypto Market
- May 03, 2024 at 10:29 pm
- This week's market analysis focuses on five major cryptocurrencies: Ethereum (ETH), Ripple (XRP), Cardano (ADA), Shiba Inu (SHIB), and Polkadot (DOT). ETH and ADA faced setbacks, closing with losses of 5% and 4%, respectively. XRP and SHIB also declined, albeit modestly, with losses of 1% and 11%. Conversely, DOT exhibited resilience, closing the week with a 3% gain after bouncing off support at $6.3.
- Massive Trillion-Dollar Pepe Withdrawal Stuns Crypto World
- May 03, 2024 at 10:28 pm
- Whale Alert reports that a momentous amount (4 trillion) of Pepe cryptocurrency has been transferred from the esteemed Paribu exchange in Turkey to an enigmatic digital wallet. This transaction follows Pepe's recent surge and subsequent correction in value.
- Meme Coin Revolution: Dogeverse, Sealana, and WienerAI Mount Challenge to Crypto Titans
- May 03, 2024 at 10:26 pm
- Amidst the cryptocurrency craze, Pepe and Bonk face competition from emerging meme coins. Dogeverse, Sealana, and WienerAI pose a threat due to their low market caps and high upside potential. Dogeverse's multichain functionality and Sealana's humorous narrative have garnered significant interest, while WienerAI combines AI, doge, and sausage elements to attract a unique user base.
- Monopoly GO's "Great Guac Off" Tournament Kicks Off, Featuring Treasure Hunt Loot
- May 03, 2024 at 10:25 pm
- The Monopoly GO tournament, Great Guac Off, offers rewards including Pickaxe tokens, dice, Stickers, and flash events. Players can acquire Pickaxe tokens to participate in the Nocturnal Treasures Hunt, featuring a Wild Sticker reward for completing level 20. The Great Guac Off rewards include 85 Pickaxe tokens, 4,000 dice, and four Sticker packs upon completing all 30 milestones.
- VitaDAO Leads DeSci Revolution to Unlock the Secrets of Longevity
- May 03, 2024 at 10:23 pm
- The advancement of science and technology has led to a significant increase in the human lifespan, with the average life expectancy now hovering around 100 years. However, the quest to extend human longevity even further remains a formidable challenge, with traditional scientific research facing limitations in funding and accessibility. DeSci (Decentralized Science) emerges as a promising solution, leveraging the power of blockchain to disrupt the current scientific research paradigm. VitaDAO, a decentralized autonomous organization (DAO) at the forefront of DeSci, aims to accelerate research in longevity science, providing early-stage researchers with access to funding and creating a community-driven platform for scientific discovery.
- Friend.Tech, Decentralized Social Media Platform, Stumbles After Token Airdrop and Version 2 Launch
- May 03, 2024 at 10:22 pm
- Friend.Tech's Version 2 launch faced mixed reactions. The highly anticipated token airdrop and new features initially sparked excitement, but the FRIEND token value plummeted drastically after initial gains. The airdrop process has also been marred by technical difficulties, causing disappointment among some users. Amidst the volatility, the platform's locked crypto assets have declined significantly, prompting questions about the long-term implications of such challenges.
- Unveiling the Top Cryptocurrencies for Investment: A Comprehensive Analysis
- May 03, 2024 at 10:22 pm
- In today's dynamic crypto market, Insidebitcoins selects the most promising altcoins for investment based on recent market movements. Today, the crypto market has gained 3.03%, revealing potential opportunities in altcoins. This analysis highlights the top altcoins for investment: Toncoin (TON), Bittensor (TAO), Cronos (CRO), Polygon (MATIC), and eTukTuk (TUK). These tokens offer investors accessible entry points and significant return potential.
- Bitcoin Weathers Volatility as Fed Reassures and On-Chain Analysis Guides Path
- May 03, 2024 at 10:22 pm
- Bitcoin, the top cryptocurrency, plummeted to $56,500 earlier this week as investors reacted to the Federal Reserve's interest rate decision. Fed Chair Jerome Powell's comments later calmed markets, indicating no immediate interest rate hikes. Bitcoin then rebounded, reaching a resistance level of $62,000, where significant sell pressure is anticipated.
- Forbes Raises Alarm: 20 Blockchains Declared "Zombie Chains," Sparking Fierce Debate
- May 03, 2024 at 10:18 pm
- Amidst the dynamic cryptocurrency landscape, Forbes unveils a list of 20 "Zombie Chains" - projects with high market values but minimal real-world utility or user adoption. Despite their purported technological advancements, chains like XRP, Cardano, Algorand, and Fantom have failed to exhibit significant practical implementation or generate widespread acceptance.
- Telegram Integrates with TON Blockchain, Ushering in Era of Crypto Accessibility
- May 03, 2024 at 10:17 pm
- Telegram has seen immense growth in recent times, with over 36.7 million downloads in January alone, exceeding that of Signal by a significant margin. The platform's adherence to decentralization and privacy, combined with its vast user base, makes it a promising platform for crypto adoption. TON, Telegram's ambitious blockchain project, seeks to leverage this user base and foster a decentralized ecosystem for various applications.
- Spot Bitcoin ETF Surge Drives Crypto Benchmarking Firm's Growth
- May 03, 2024 at 10:15 pm
- CF Benchmarks, a cryptocurrency exchange benchmark, has experienced significant growth due to the rise of spot Bitcoin exchange-traded funds (ETFs). Handling $24 billion in crypto ETFs, the firm is projected to reach a staggering $1 billion in assets under management (AUM) by the end of 2024 for Hong Kong ETFs, despite their initial low trading volume. South Korea and Israel are next in line to list crypto ETFs, highlighting the growing demand for crypto-related investments.
- Polkadot Ecosystem Soars to New Heights with DOT Surge and Parachain Growth
- May 03, 2024 at 10:15 pm
- Polkadot's ecosystem witnessed significant growth during Q1 2023, with its market cap surging to $12.7 billion and daily active addresses peaking at 514,000, an all-time high. Manta Network, Moonbeam, and Cross-Consensus Message Format (XCM) experienced notable growth, while the Polkadot Relay Chain saw a 64% year-on-year rise in active addresses.
- XRP: Expert Analysis Reveals Prospects for Millionaire-Making Gains
- May 03, 2024 at 10:15 pm
- The rise and fall of XRP, the native cryptocurrency of Ripple's payment protocol network, is examined in this article. Despite its impressive gains in 2018, XRP has faced challenges in recent years, including regulatory scrutiny, competition from other blockchain networks, and an ongoing lawsuit with the US Securities and Exchange Commission. The article explores XRP's potential for future growth, considering both its tailwinds and headwinds, and concludes that while millionaire-making gains may be unlikely, XRP could still generate significant returns for investors.
- Popcat's Bull Run Hits Crossroads Amidst Market Volatility
- May 03, 2024 at 10:14 pm
- Meme coin Popcat has seen a 15% surge in the last day, trading at $0.5513, with a 26% increase in trading volume to $145 million. Despite reaching an all-time high yesterday, the coin has since corrected slightly. Popcat's technical indicators show a potential for further growth, but the broader market sentiment will influence its future trajectory.
- Injective Protocol (INJ) Faces Market Woes, But Technicals Hint at Potential Upswing
- May 03, 2024 at 10:14 pm
- Injective Protocol (INJ) has faced a bearish trajectory in recent times, experiencing a correction of over 20% in the past month. Buyers have lost momentum, leading to a decline below key moving averages. Technical indicators suggest a downtrend, with the token trading below the 200-day EMA and encountering rejection from this level. A range breakdown was observed, and the token has faced selling pressure. However, it currently appears oversold, potentially hinting at a short-term bounce.
- JPMorgan Adopts Cautious Approach to Digital Assets Amidst Market Pullback
- May 03, 2024 at 10:12 pm
- JPMorgan expresses caution towards digital assets due to declining retail interest and significant outflows from U.S. spot Bitcoin ETFs. The absence of stimulus and dwindling short-term retail engagement have contributed to the bank's stance. Outflows from spot Bitcoin ETFs and elevated Bitcoin prices against gold and production costs have also raised concerns. In the options market, traders anticipate a potential summer slowdown, with implied volatility decreasing and a Put Call Ratio of 0.49 suggesting a bearish bias.
- Dogechain Shuts Down Amidst Mounting Regulatory Heat on Digital Asset Custody
- May 03, 2024 at 10:11 pm
- Dogechain, a longstanding Dogecoin wallet, has announced its closure. Despite its strong legacy, the regulatory landscape in the US has forced many innovators to reassess their position. The Dogecoin community is frustrated by the loss of a native DOGE wallet, while concerns remain about the tolerance of US regulators towards privacy-centered platforms.