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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
- Crypto Analysts Flash Buy Signal for Bitcoin Citing Historic Market Pattern
- Apr 22, 2024 at 09:20 am
- Bitcoin's Market Value to Realized Value ratio dipping below its 90-day average, according to crypto analyst Ali Martinez, presents a potential 67% gain opportunity. This trend has been consistent since November 2022, with the MVRV ratio signalling ideal buying points.
- Bitcoin's Bargain Buy Signal Flashes as MVRV Ratio Dips
- Apr 22, 2024 at 09:20 am
- Despite a recent dip in Bitcoin's Market Value to Realized Value ratio below its 90-day average, analyst Ali Martinez suggests this may represent a lucrative buying opportunity. Historically, such dips have signaled potential gains of around 67% over the last 90 days. This trend has been consistent since November 2022, with similar opportunities arising each time.
- Bitcoin Halving Sparks Crypto Growth and Transformation
- Apr 22, 2024 at 09:20 am
- Bitcoin's fourth halving at block 840,000 marks a pivotal moment in its evolution, slashing miner rewards by half and potentially catalyzing price appreciation. Analysts anticipate increased scarcity and a surge in demand, fueled by the reduction in supply and growing institutional interest. While market predictions remain challenging, experts suggest a bullish trend or measured optimism amid the cryptocurrency's inherent volatility. The halving highlights Bitcoin's resilience and adaptability, solidifying its status as a transformative force in finance and reinforcing the principles of decentralized finance.
- Bitcoin Transaction Fees Plummet After Record Halving Peak
- Apr 22, 2024 at 09:05 am
- Bitcoin transaction fees have plummeted since hitting a record high of $128 on April 20, falling to $8-10 for medium-priority transactions. The decline follows a surge in fees on the halving day, with over $2.4 million paid to miner ViaBTC in the halving block. Despite the lower block subsidy, miners are still receiving decent rewards thanks to these high fees.
- Waves Founder Unveils Plan to Stabilize USDN, Announces Game-Changing 'Undepeggable' Stablecoin
- Apr 22, 2024 at 09:05 am
- Sasha Ivanov, founder of Waves, announced plans to introduce a new stablecoin following the upcoming resolution of the USDN stablecoin situation. Ivanov did not provide a timeline or details about the new coin but assured it would be "undepeggable." Stablecoins are cryptocurrencies with values pegged to an external reference, such as the U.S. dollar.
- Galaxy Digital Takes a $300M Hit Amidst Crypto Market Turmoil
- Apr 22, 2024 at 09:05 am
- Cryptocurrency financial services firm Galaxy Digital (GLXY) anticipates a quarter-to-date loss of approximately $300 million as of Wednesday, primarily attributed to recent market conditions. The company emphasizes that its treasury does not leverage algorithmic stablecoins and maintains a liquidity position of $1.6 billion, half in cash and half in non-algorithmic stablecoins. Galaxy's net comprehensive income loss is expected to reach $300 million, reducing partners' capital by 12% since March 31, 2022.
- NFL, Jay-Z Announce 'Inspire Change' Initiative Amidst Controversy
- Apr 22, 2024 at 09:05 am
- The NFL and Jay-Z unveiled their "Inspire Change" initiative with a free concert featuring Meek Mill, Meghan Trainor, and Rapsody before the league's opener. Revenue from the concert, along with a Songs of the Season campaign and an apparel line, will fund social justice grants. Despite the partnership, former player Eric Reid remains critical, questioning its authenticity and the NFL's motives.
- Bitcoin Fees Plummet After Hitting Record Highs on Halving Day
- Apr 22, 2024 at 09:04 am
- Bitcoin transaction fees have plummeted since reaching a record average of $128 on April 20. As of April 21, average fees for medium-priority transactions have dropped to $8-10, following a spike that saw $78.3 million paid in total fees the previous day. The surge in fees was driven by demand for inscription space in the Bitcoin halving block, where over $2.4 million was paid to miner ViaBTC.
- Landmark Bill Unveils Safe Harbor for Crypto Startups, Unleashing Innovation
- Apr 22, 2024 at 09:03 am
- A new bill introduced by Rep. Patrick McHenry would create a "safe harbor" for crypto startups seeking capital through token sales. The proposal aims to balance support for crypto innovation with safeguards against fraud, allowing projects to operate under a three-year exemption from securities classification while meeting disclosure and technical requirements. Endorsed by industry groups, the bill presents an opportunity for stakeholders to engage with legislators and potentially mitigate the impact of increasing regulatory scrutiny.
- Cryptocurrency Market Weathers Storm: Geopolitics, Regulations, and Innovations Clash
- Apr 22, 2024 at 09:02 am
- Amidst political tensions between Iran and Israel and a severe storm in Dubai, the crypto industry navigated market volatility and geopolitical uncertainties. Bitcoin's price plunged to $60,000 despite the block reward halving, while stablecoin USDe maintained its peg. Solana faced challenges due to congestion issues and the Iranian conflict, while gaming chain Ronin experienced a surge in activity. Ripple introduced a DeFi lending protocol, and composer Hans Zimmer created an anthem for Tron, reflecting the decentralized spirit of Web3. Regulatory developments included a proposed stablecoin bill in the US, while the UK and Hong Kong embrace crypto assets. Telegram integrated stablecoins USDT and XUSD, and central banks continued discussions on CBDC implementation.
- Bullish Forecast: Pepe Coin Poised for 30.94% Surge in Next Five Days
- Apr 22, 2024 at 09:01 am
- According to our Pepe Coin price prediction, PEPE is anticipated to rise by 30.94% to $0.000008 within the next five days. Despite a recent bearish trend, Pepe Coin has outperformed the overall crypto market and demonstrated a positive long-term outlook with a 1,799.96% increase over the past year. Technical analysis reveals a bullish sentiment with indicators favoring positive signals. However, it's crucial to note that the crypto market remains highly volatile, and investors should seek professional advice before making any investment decisions.
- Bitcoin's Path After Halving: Market Dynamics and Historical Trends
- Apr 22, 2024 at 09:00 am
- Amidst a post-Bitcoin halving market, buying sentiment persists, as indicated by decreasing exchange reserves and a dominant Coinbase Premium for US investors. However, BTC remains relatively calm, although historical data suggests potential bullishness in the upcoming months. Despite indicators hinting at slow-moving days, technical analysis reveals that BTC's price may stay within a parallel channel, potentially followed by volatility due to a possible MACD bullish crossover.
- BlockDAG Soars as Crypto Frontrunner with 20,000x ROI Projection and Moon Keynote Extravaganza
- Apr 22, 2024 at 09:00 am
- BlockDAG emerges as a frontrunner in the cryptocurrency market, projecting a remarkable 20,000x return on investment. This ambitious forecast aligns with the unveiling of a teaser for an upcoming keynote video from the moon, setting a new standard in crypto marketing. As Binance Coin (BNB) and Shiba Inu (SHIB) exhibit positive momentum, BlockDAG's presale reaches $18.8 million, highlighting its innovative blockchain technology and user-friendly mining options.
- Bank of Israel Unveils Digital Shekel to Enhance Competition and Spur Financial Innovation
- Apr 22, 2024 at 09:00 am
- The Bank of Israel (BOI) plans to launch a digital shekel that will compete with commercial banks for deposits and digital payments. The central bank believes that the digital shekel, which is still under development, will force banks to improve their services and lower fees.
- Cryptocurrency Manipulator Convicted in Federal Court
- Apr 22, 2024 at 08:31 am
- Avraham Eisenberg stands convicted in a New York federal court. Prosecutors maintained that Eisenberg manipulated the price of perpetual futures contracts on Mango Markets, an exchange platform. The U.S. Attorney’s Office claims that Eisenberg orchestrated a scheme involving two accounts, performing simultaneous buys and sells based on the comparative value of Mango’s MNGO token and USD Coin.
- Cardano Whales Shift Gears, Bitcoin Cash Comeback Sparks Market Sentiment Shift
- Apr 22, 2024 at 08:24 am
- Amid market fluctuations, Cardano whales seek diversification in alternative investments like BlockDAG, a promising DeFi coin leveraging DAG technology. Meanwhile, Bitcoin Cash's resurgence, marked by a substantial 133% price surge, indicates a shift in market sentiment and highlights the opportunities and risks associated with cryptocurrency investments.
- Bitcoin Miner Revenue Soars to Record High After Halving, Boosting Price Surge Optimism
- Apr 22, 2024 at 08:20 am
- Following Bitcoin's recent halving, miner revenues have skyrocketed to a record-breaking $107 million, with an astonishing $80 million (75%) stemming from transaction fees. This surge highlights the resilience of Bitcoin mining and the growing importance of transaction fees as a revenue stream for miners. The halving's impact on Bitcoin's price remains uncertain, but historical trends suggest the potential for significant appreciation.
- Bitcoin Halving Event: A Major Reset for Crypto Miners
- Apr 22, 2024 at 08:19 am
- Due to a preprogrammed code change designed by Bitcoin's creator, Satoshi Nakamoto, the "halving" event has halved the mining reward to 450 Bitcoin. This aims to maintain a hard cap of 21 million Bitcoin and prevent inflation. The reward reduction is not expected to affect Bitcoin's price significantly, which remained near $64,000 following the event.
- Pisces Stars Align for Self-Empowerment and Material Gains
- Apr 22, 2024 at 08:03 am
- The recent weeks should have boosted your self-esteem. If not, you still have time to do so, as Venus, the planet of love, transits your 2nd House of Values. Value yourself highly to receive the same from others. This transit is also an opportunity to invest in valuables or beautify your life. Additionally, take care of your prized possessions, such as cleaning your car. Use the ongoing Mercury retrograde as a chance for personal growth and evolution.