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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
Apr / 25- Solana Slumps Amid Crypto Market Correction
- Apr 25, 2024 at 09:00 pm
- Solana's value has decreased by 9% within 24 hours due to a general crypto market decline, despite recent gains and positive signals for the token. The weekly highs have dropped to 6.1%, and the monthly position has fallen by 25.96%, with macro factors causing outflows and dampening sentiment.
- Ethereum Restaking: A Revolutionary Innovation in Crypto Staking
- Apr 25, 2024 at 09:00 pm
- Ethereum restaking, enabled by the EigenLayer protocol, allows staked ETH to secure additional protocols, fostering capital efficiency and enhancing network security. By leveraging Ethereum's validator network, protocols benefit from increased trust and security, while validators earn additional rewards. However, restaking poses potential risks, including smart contract vulnerabilities and the absence of slashing mechanisms against malicious validators.
- Crypto Market Plunges Due to Middle East Tensions and Bitcoin ETF Outflows
- Apr 25, 2024 at 09:00 pm
- On April 24th, the crypto market experienced a sell-off, with Bitcoin plummeting to $63300. This decline was driven by renewed conflict in the Middle East and significant outflows from Spot Bitcoin ETFs, particularly Grayscale's GBTC ETF, which recorded $130 million in outflows.
- Runes Protocol Revolutionizes Token Creation on Bitcoin Network
- Apr 25, 2024 at 09:00 pm
- Runes, a novel protocol, introduces fungible token minting on the Bitcoin network. Since its inception, over 10,000 Rune tokens have been minted, with daily transactions peaking at 802,977 on April 23. Runes have significantly impacted network usage, contributing to high transaction fees and miner revenue, emphasizing the protocol's potential to shape the Bitcoin network's future tokenization landscape.
- Dogecoin's Upward Momentum Meets ETFSwap's Stellar Surge: A Comparative Analysis
- Apr 25, 2024 at 09:00 pm
- As Dogecoin (DOGE) presents a potential buying opportunity, experts predict an uptrend. However, ETFSwap (ETFS), a novel blockchain platform for ETF trading, offers potentially more lucrative gains. With tokenized ETFs from various industries, quick trades, and advanced perpetual trading, ETFS enables access to liquidity, staking rewards, and decentralized ETF trading. Currently in presale, the ETFS token offers a significant entry point for investors seeking substantial returns in a low-risk environment.
- Fantom's Sonic Leap Unleashes Era of Lightning-Fast Transactions
- Apr 25, 2024 at 09:00 pm
- Amidst a bullish market, Fantom's Sonic Validator Node pioneers blockchain speed with 2,000 TPS and sub-second confirmations. Sei Foundation and Gitcoin launch a $10M fund to support SEI and GTC projects, driving community growth. Milei Moneda, scheduled for a Uniswap launch, offers deflationary mechanisms, governance, and satire-infused innovation as the best DeFi investment.
- BlockDAG: Leading the 2024 Bull Run with Innovation and Financial Power
- Apr 25, 2024 at 09:00 pm
- With the 2024 bull market approaching, BlockDAG (BDAG) emerges as a promising cryptocurrency. Having raised $20.6 million and boasting cutting-edge technology, BDAG aims to capitalize on the market upswing. Other notable contenders include Bitget Token (BGT), Waves (WAVES), and Injective (INJ), each offering unique innovations and potential for significant returns. This analysis examines these cryptocurrencies, highlighting their potential as prime candidates for the upcoming market rally.
- Crypto Millionaire Shares Insights: Investing in Ethereum, ONDO, Solana, and More
- Apr 25, 2024 at 09:00 pm
- A self-made millionaire who retired at 35 divulges their crypto investment strategy. They emphasize the potential of cryptocurrencies, particularly BlastUP, which is backed by the sixth largest blockchain by TVL. Despite market fluctuations, this guide provides insights into investing in cryptocurrencies, focusing on Ethereum (ETH), Ondo (ONDO), Solana (SOL), and Optimism (OP), while highlighting BlastUP as a promising investment opportunity during the 2024 bull run.
- Badmad Robots: A Game-Changer in Competitive Gaming and Web3 Integration
- Apr 25, 2024 at 09:00 pm
- BADMAD ROBOTS, a multiplayer shooter, announces its listing on Epic Games Store and Steam. Backed by Immutable X, Animoca Brands, and other industry leaders, the game boasts a team of experienced developers from successful titles like Call of Duty and Elden Ring. With its free-to-play team-based gameplay, unique character abilities, and in-game token $METAL, BADMAD ROBOTS aims to achieve full-scale esports status, already garnering support from 12 renowned esports teams with over 9 million followers worldwide.
- BlockDAG: Cryptocurrency's Rising Star Outshines NEAR Protocol and Dogecoin
- Apr 25, 2024 at 09:00 pm
- In the burgeoning cryptocurrency market, innovation and market dominance play crucial roles. Among the contenders, BlockDAG stands out, driven by its remarkable success and forward-looking strategies. BlockDAG's presale has garnered an impressive 30,000x ROI, positioning it as a formidable force eclipsing the achievements of NEAR Protocol and Dogecoin. This article delves into the intricacies of BlockDAG's meteoric rise, analyzing its potential against the backdrop of the achievements and shortcomings of these established cryptocurrencies.
- Avail's Data Availability Solution Embraces Ethereum Layer-2 Powerhouses
- Apr 25, 2024 at 09:00 pm
- Avail, a blockchain data availability (DA) project, announced the integration of its Avail DA solution with five major Ethereum layer-2 networks: Arbitrum, Optimism, Polygon, StarkWare, and ZkSync. This integration will allow users of these networks to leverage Avail's DA services, which provide a cost-effective and efficient way to store large amounts of transaction data. Avail's DA solution is expected to go live soon and will be accompanied by additional products like Nexus and Avail Fusion.
- Avail Boosts Data Availability for Ethereum Rollups with Partnerships
- Apr 25, 2024 at 09:00 pm
- Avail, a blockchain project focused on data availability (DA), has announced integrations with five prominent layer-2 networks in the Ethereum ecosystem: Arbitrum, Optimism, Polygon, StarkWare, and zkSync. This integration allows these layer-2 chains to utilize Avail's DA solution, reducing data storage costs and improving speed compared to the Ethereum mainnet. Avail expects its DA solution to go live soon, and has also planned a token airdrop for users of eligible rollups.
- Bitcoin's Wild Ride Extends with Red Candles, but Bulls Remain Cautious
- Apr 25, 2024 at 09:00 pm
- Bitcoin's recent price decline and monthly stochastic RSI crossover indicate potential downward momentum. Despite strong support at $61,000, the price could face further correction. However, short-term stochastic RSI suggests a possible reversal upward within the next week. Investors should research Bitcoin's potential benefits, such as protection against currency devaluation and bank failures, to make informed investment decisions.
- Subsquid and Neon EVM Partner to Enhance Solana Data Accessibility for dApp Developers
- Apr 25, 2024 at 09:00 pm
- Subsquid, a Web3 data lake and query engine, is partnering with Neon EVM, a Solana-powered Ethereum Virtual Machine, to provide easier data access to Neon EVM's dapp developers. Subsquid's expansion to the Solana blockchain begins with this collaboration, enabling developers to leverage Neon EVM's on-chain data stored in Subsquid's decentralized data lake. Subsquid aims to support developers by simplifying access to blockchain data, allowing them to focus on innovation without infrastructure concerns.
- CoinPoker Breaks Barriers with No Cashout Fees, Embracing Player-Focused Approach
- Apr 25, 2024 at 08:55 pm
- CoinPoker, a crypto-based poker platform, has removed all cashout fees, a move that aligns with the industry's growing focus on player-centric policies. This makes CoinPoker comparable to Rollbit, a leading crypto casino that also eliminates cashout fees. The decision aims to enhance player experience and foster a more favorable environment for users.
- Baby Doge Coin Surges 15%, Signaling Bullish Phase with Strategic Shifts
- Apr 25, 2024 at 08:50 pm
- Baby Doge Coin (BabyDoge) has surged 15% in the past 24 hours despite a bearish market, fueled by a zero-fee transaction policy implemented on the BNB Chain. The move follows a community-supported DAO proposal and aims to increase the coin's appeal and accessibility.
- a16z CTO: Memecoins Are a 'Perilous Casino' Threatening Crypto's Vision
- Apr 25, 2024 at 08:48 pm
- The ongoing memecoin frenzy has been likened to a "risky casino" by the chief technology officer of Andreessen Horowitz, Eddy Lazzarin. Lazzarin believes that memecoins, which have surged in popularity during the bull market, hamper the long-term vision of crypto and alter how the public, regulators, and entrepreneurs perceive the industry.
- $SCREAM: Shattering the Stigma of "Shitcoins" on Solana
- Apr 25, 2024 at 08:47 pm
- The crypto industry's dismissal of Memecoins as "Shitcoins" is challenged by $SCREAM, a revolutionary project launching on Solana. $SCREAM aims to redefine Memecoins, offering a platform that analyzes projects based on social media behavior, influencer credibility, and the quality of the project and tokenomics. By assigning trust scores, $SCREAM guides investors toward legitimate Memecoin projects while avoiding scams.
- Swyftx: Empowering Crypto Traders with Comprehensive Features and Unwavering Security
- Apr 25, 2024 at 08:47 pm
- Swyftx, an Australian-based cryptocurrency exchange, offers a user-centric platform tailored to suit the needs of both novice and seasoned traders. Its suite of features includes recurring orders for automated investments, a rewards program for active participation, a demo mode for risk-free practice, convenient AUD deposits and withdrawals, dedicated customer support, comprehensive portfolio tracking, robust security measures including ISO 27001 certification, and a tiered fee structure that rewards higher trading volumes with lower fees.
- Bitcoin: A Comprehensive Guide to the Crypto Leader
- Apr 25, 2024 at 08:46 pm
- As of 8 a.m. ET, the price of 1 bitcoin (BTC) stands at $63,831.47. Bitcoin's all-time high was $73,835.57 on March 14, 2024, while its lowest point in the past year was $24,780.17 on June 15, 2023. Bitcoin's value is driven exclusively by supply and demand as it does not represent tangible assets or generate earnings. The limited supply of 21 million BTC, halvings that reduce the issuance of new coins, and investor sentiment play significant roles in determining its price.