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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 / 22
- Bitcoin Halving Soars Miner Revenue to Record $107 Million
- Apr 22, 2024 at 02:08 pm
- The Bitcoin mining sector has experienced a record-breaking day, with miners earning a revenue of $107 million on the day after the 2024 halving. This historic performance, driven by the launch of the Runes Protocol, has exceeded all expectations and could mark a major turning point for the Bitcoin ecosystem. The surge in revenue is attributed to an explosion in transaction fees caused by an unprecedented rush to generate newly available fungible tokens on the Bitcoin blockchain.
- Digital Gold: Bitcoin Surpasses Physical Gold in Digital Age
- Apr 22, 2024 at 02:07 pm
- Despite the relative scarcity of gold, Bitcoin stands out with a truly fixed supply capped at 21 million, ensuring its value as a store of value in an era defined by digital innovation. While both gold and Bitcoin possess inherent value, Bitcoin's finite supply makes it the superior choice, positioning it as a superior asset in the realm of digital gold.
- Shiba Inu Witnesses Unprecedented Whale Activity Anomaly
- Apr 22, 2024 at 02:07 pm
- Shiba Inu (SHIB) whale metrics exhibit paradoxical behavior, with a spike in large transactions over $100,000 but a simultaneous plummet in transaction volume. This anomaly coincides with the possible sale of 100 billion SHIB tokens by an anonymous whale, raising concerns within the cryptocurrency market.
- Altcoin Surge on the Horizon: Expert Reveals 5 Top Projects for Exponential Gains
- Apr 22, 2024 at 02:06 pm
- Renowned crypto expert Michael van de Poppe has identified five altcoins—Chainlink, Arbitrum, Skale, Covalent, and SEI—as poised for substantial gains in the current market. Van de Poppe's analysis suggests that these altcoins present significant upside potential, particularly given their specific use cases and technical indicators, while emphasizing the potential impact of Bitcoin's resistance level on their performance.
- Two-Up: A Revered Anzac Day Tradition Rooted in Military Heritage
- Apr 22, 2024 at 02:06 pm
- On Anzac Day, Australian pubs and RSLs reverberate with the cry "come in spinner," as punters engage in the iconic gambling game of two-up. This coin-tossing tradition, cherished by Australian soldiers during World War I, is legal in most states only on Anzac Day and other commemorative occasions, with variations in regulations across jurisdictions.
- Jasmy Surges 4.25%, Bullish Sentiment Prevails, Price Target Set at $0.026923
- Apr 22, 2024 at 02:05 pm
- Amidst positive market momentum, Jasmy has surged 4.25% against the US Dollar and 2-3% against BTC and ETH, currently trading at $0.020965. According to our prediction, the coin is poised to rise by 30.69% in the next five days, reaching $0.026923. Jasmy's sentiment remains bullish, with technical indicators signaling a positive forecast.
- Bitcoin Transaction Fees Drop Following Halving-Induced Spike
- Apr 22, 2024 at 02:04 pm
- After Sunday's record-breaking $128.45 high, Bitcoin's average transaction fee has dropped to $34.8, according to YCharts. The surge in fees coincided with Casey Rodarmor's Runes protocol launch and the halving block appearing from the ViaBTC mining pool, which earned a fee reward of $2,399,135. Despite the drop in fees, Bitcoin's value has risen slightly, trading around $65,700.
- Bitcoin Stabilizes Amidst Token Minting Frenzy, Halving Overshadowed
- Apr 22, 2024 at 02:04 pm
- On Monday, Bitcoin rose slightly, recovering from recent losses. The halving event, which occurred over the weekend, had minimal impact on prices, but the introduction of the Runes protocol for minting digital tokens on the Bitcoin blockchain led to a significant surge in transaction fees, reaching a record high of $130 on April 20th. Despite concerns over an Iran-Israel conflict easing, fears of rising U.S. interest rates kept altcoin gains in check.
- Hedera Hashgraph Shines with Bullish Outlook, Price Projected to Rise 10%
- Apr 22, 2024 at 02:03 pm
- HBAR's price is forecasted to surge by 10.72% over the next five days, reaching $0.099644. The bullish sentiment is supported by 23 technical indicators, indicating a positive outlook for the market. However, the medium-term trend remains bullish with a 27.89% gain over the past three months, while the long-term trend shows a 51.86% increase over the last year.
- Bitcoin Layer 2 Coins Surge After Halving, Outpacing BTC
- Apr 22, 2024 at 02:03 pm
- Bitcoin Layer 2 coins, such as STX, ELA, and SAVM, have outperformed BTC in the aftermath of the halving, surging between 5% and 20%. This growth is attributed to the post-halving increase in transaction fees on the Bitcoin blockchain, driven by the surge in demand generated by the launch of the Runes protocol.
- Cryptocurrency Market's Rising Stars: Stacks, Ethereum Classic, and Algotech Emerge as Promising Contenders
- Apr 22, 2024 at 02:03 pm
- As the crypto market flourishes, promising projects like Stacks (STX), Ethereum Classic (ETC), and Algotech (ALGT) garner attention. STX boasts a bullish price projection and a growing ecosystem, while ETC may surpass its previous high of $167. Algotech's presale offers early investors potential gains of up to 200% and a profit-sharing program. These projects present exciting opportunities for investors seeking growth in the vibrant crypto market.
- Koala Coin Soars Amidst Market Slump, Unveils Playful Innovation
- Apr 22, 2024 at 02:03 pm
- Amidst market fluctuations and emerging trends, Koala Coin (KLC) emerges as a rising star in the meme coin sector. Its innovative play-to-earn game and secure blockchain attract investors seeking both entertainment and investment opportunities. Priced at $0.014, Koala Coin aims to become the dominant meme coin, positioning itself as a promising choice for crypto enthusiasts and newcomers alike.
- Ethereum and Shiba Inu Stumble, Sparking Investment Disappointment; Furrever Token Emerges as a Bright Spot
- Apr 22, 2024 at 02:00 pm
- Amidst Ethereum (ETH) and Shiba Inu's (SHIB) struggles, Furrever Token (FURR) emerges as a beacon of optimism, promising substantial returns and a charming investment experience. As the cryptocurrency market faces turbulence, FURR's fusion of cuteness and profitability aims to reignite investor enthusiasm, offering a tantalizing glimpse of a brighter crypto future.
- Ethereum Breaks $3,000 Barrier, Boosting Crypto Sentiment
- Apr 22, 2024 at 02:00 pm
- The cryptocurrency market is experiencing a surge in activity, with Ethereum bouncing back above $3,000. BNB is also showing bullish signs, while BlockDAG emerges as a promising investment, having raised $19 million in its presale. BlockDAG's low-code/no-code platform and ambitious growth plans make it a top contender for the best crypto to buy in 2024, with a projected 40,000x ROI.
- Decentralized Finance Revolutionizes Global Finance, Disrupting TradFi
- Apr 22, 2024 at 02:00 pm
- Decentralized finance (DeFi) is revolutionizing global finance by leveraging blockchain technology to offer various financial services without intermediaries. Its open, efficient, and cost-effective nature has led to widespread adoption and the creation of a thriving ecosystem of services. DeFi applications, such as decentralized exchanges (DEXs), lending protocols, and stablecoins, allow individuals to borrow, lend, invest, and trade crypto-assets directly and securely. However, as DeFi proliferates, regulators, including the U.S. Securities and Exchange Commission (SEC), are becoming increasingly interested in its oversight, potentially impacting its future growth.
- Avalanche Poised to Soar Past Solana, Historical Data Suggests
- Apr 22, 2024 at 02:00 pm
- On-chain data suggests that Avalanche's (AVAX) low social dominance, recently seen in November 2023, has historically preceded significant price rallies. The analysis indicates AVAX could surge towards $51.45 in the short term, potentially outperforming Solana (SOL), if it follows a similar pattern observed in previous cycles.
- ICP's DocuTrack Revolutionizes Crypto Market, Fuels Rune and Raboo Rally
- Apr 22, 2024 at 02:00 pm
- ICP's innovative sharing system, DocuTrack, has the potential to indirectly impact the booming cryptocurrency market, particularly the rapidly growing Rune and Raboo. Rune, a decentralized liquidity token, has witnessed an 8% surge in the last week, while Raboo, a rising meme coin on Ethereum, is poised for explosive growth with its unique social-fi and AI-driven concept. In the wake of ICP's enhanced security and privacy features, Raboo's presale value stands at $0.0036, attracting investors and setting the stage for a potential 100x surge by 2024.
- Gala Games and EMERGE Group Join Forces to Transform the Gaming Industry
- Apr 22, 2024 at 02:00 pm
- Gala Games and EMERGE Group have formed a revolutionary partnership to integrate web3 technology into gaming. Gala Games, with its extensive portfolio of play-to-earn games and Gala token, aligns with EMERGE Group's expertise in content commercialization and intellectual property management. This partnership aims to identify promising gaming projects for GalaChain integration and provide comprehensive support in marketing, user acquisition, and Go-To-Market strategies, fostering the development of a decentralized gaming ecosystem that empowers gamers and game creators.
- Uniswap (UNI) Emerges as a Strong Contender Post Bitcoin's Halving
- Apr 22, 2024 at 02:00 pm
- Is Uniswap [UNI] the Dark Horse After Bitcoin Halving? If the recent actions of whales are anything to go by, Uniswap [UNI] could be set for a major upswing in the coming weeks. According to Spot On Chain, a whale recently withdrew a significant chunk of their UNI holdings from Binance. The total tokens moved were 121,871, worth $954,000. Withdrawing tokens from exchanges generally implies that the player has no plans to sell anytime soon. As far as price action goes, this is a bullish sign. A few weeks ago, UNI suffered a major sell-off after the U.S. SEC publicly revealed that it may sue Uniswap Labs, the company behind the development of the token. The news invoked fear, uncertainty, and doubt (FUD) around the token. Consequently, UNI’s price fell to lows of $5.86. Over the last seven days, however, the value of the cryptocurrency has risen by 8.31%, changing hands at $7.81. Is it DeFi’s time to shine? But here’s another interesting bit that has been noticed, the whale also cleared out their Compound [COMP] tokens from Binance [BNB].
- Ethereum Transaction Costs Stabilize After Spike
- Apr 22, 2024 at 01:56 pm
- Ethereum's transaction costs have plummeted from $15.21 to $2.07, mirroring the fluctuating nature of the cryptocurrency market. This revenue model, fueled by ETH-based fees, contributes to Ethereum's operation and economic vibrancy, generating substantial profits in Q1 2024.