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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
- Ripple v. SEC Showdown Escalates Amid Whale Transactions and Speculation
- Apr 22, 2024 at 04:50 pm
- Amidst its ongoing legal battle with the SEC, Ripple prepares to submit its response to the penalty requests by April 22. Speculation surrounds the case, with former SEC litigator Linda Steward suggesting its potential to reach the Supreme Court and Attorney Bill Morgan emphasizing the token's classification as security. Meanwhile, the SEC plans to increase transaction fees for public companies due to budget constraints.
- Bitcoin Soars Above $100K, Ushering in a New Growth Era
- Apr 22, 2024 at 04:49 pm
- The recent Bitcoin halving event has triggered a surge in demand from institutional investors, leading to a significant increase in Bitcoin's price. This, combined with the approval of spot Bitcoin ETFs in the US and Hong Kong, has contributed to a bullish outlook for the cryptocurrency, with analysts expecting a new all-time high in the coming weeks. The increase in hash rate has also led to increased mining costs, as miners upgrade their rigs.
- Bitcoin Blockchain Revolutionized with Runes: A New Token Standard Emerges
- Apr 22, 2024 at 04:47 pm
- Runes, a new token standard for fungible tokens on Bitcoin, launches on the same block as the fourth Bitcoin halving. Runes, an alternative to BRC-20 tokens and do not depend on the Ordinals inscription mechanism, are expected to offer faster and cheaper transactions, seamless integration with the Bitcoin Lightning Network and have a positive impact on the Bitcoin fee economy. The launch of Runes on block #840,000 has generated significant buzz within the crypto community and has already resulted in $107 million in profits for Bitcoin miners.
- LBank Soars with New Token Listings and Last Week's Top Performers
- Apr 22, 2024 at 04:47 pm
- LBank Exchange's recent weekly report highlights upcoming and past exchange listings. New listings include COHI (GAMEFI), SPONGEBOB (MEME), MICKEYOFMEME (MEME), FOMOBASE (MEME), WSD (DEFI), MEOW (L2/MEME/Gaming), GMFI (DEFI), COBS (Others), MO (Public Chain), and AMAX (Public Chain). LBank also provides a summary of last week's listings, featuring INTELLIQUE, VCT, SCORP, MOW, MEX, OMNINETWORK, RC, PLS, and PRCL with their respective weekly gains. The exchange continues its commitment to offering its users access to unique projects and opportunities within the digital asset space.
- Koala Coin (KLC) Ignites Unprecedented FOMO as Crypto Phenomenon
- Apr 22, 2024 at 04:45 pm
- Koala Coin (KLC) challenges the notion of irrelevance for new cryptocurrencies with overwhelming presale demand at $0.014. Embracing the power of finance and fun, KLC offers a unique crypto experience with rewards, governance rights, and an underlying joy that extends beyond the digital realm. Amidst market challenges, TRON (TRX) showcases resilience, while SEI (SEI) faces hurdles in a fiercely competitive market. Koala Coin (KLC) invites investors to join a thriving community where finance meets fun and connections flourish.
- Bitcoin Surges Past $66K as Altcoins Ride the Recovery Wave
- Apr 22, 2024 at 04:42 pm
- Bitcoin's price continues its upward trend post-halving, surpassing $66,000 for the first time in a week. Altcoins have followed suit, with Ethereum reclaiming $3,200 and BNB exceeding $600. NEAR Protocol's native token has seen the most significant gains among large-cap alts, rising by approximately 8%.
- BEFE Coin: The Emerging Meme Coin Poised to Reign Supreme
- Apr 22, 2024 at 04:41 pm
- BEFE Coin, a new meme coin, has emerged as a promising investment opportunity. With its focus on becoming the next big name in the meme coin market, BEFE has gained popularity due to its zero presale and tax structure. The coin's ecosystem allows users to earn BEFE by staking BRISE, providing easy accessibility. Available on major trading platforms like Pancakeswap, Uniswap, and Raydium, BEFE features different tokenomics across networks. Its pricing performance has shown significant jumps, with a notable volume surge in March, indicating investor interest.
- Bitcoin Soars as Transaction Fees Tumble, Driving Investors to $BTCMTX Presale
- Apr 22, 2024 at 04:39 pm
- The Bitcoin price surged 2%, reaching $65,994. Transaction fees plummeted after reaching a record high of $128. The introduction of the Runes protocol onto the Bitcoin network initially increased transaction fees, but they have since normalized. Bitcoin's price has been consolidating, forming an ascending triangle pattern. The bulls aim to push the price above the upper boundary of the triangle at $72,000. The RSI is trending upward, indicating strong buying pressure. However, a death cross has formed, signaling a potential bearish trend.
- Bitcoin Halving: A Catalyst for Bitgert's Explosive Potential
- Apr 22, 2024 at 04:38 pm
- Amidst the upcoming Bitcoin halving, Bitgert emerges as a promising contender for significant growth. With its user-centric design, gasless ecosystem, exceptional scalability, and symbiotic integration with other blockchains, Bitgert has gained substantial momentum. The halving event, characterized by reduced Bitcoin circulation, typically spurs demand for alternative cryptocurrencies, positioning Bitgert to leverage its technological advantages and secure mainstream acceptance.
- Coinbase's Hidden Gem: Stablecoin Business Emerges as Revenue Powerhouse
- Apr 22, 2024 at 04:37 pm
- Coinbase Global, a leading cryptocurrency exchange, has witnessed significant growth in its stablecoin business, which has emerged as its second-largest revenue generator. Despite the volatility in the cryptocurrency market, the market cap of USD Coin, a stablecoin co-created by Coinbase, has surged in recent months, leading to a surge in Coinbase's stablecoin revenue, which amounted to nearly $700 million in 2023. The positive trend in USD Coin's market cap and the recovery in Coinbase's transaction revenue suggest optimism for the company's financial performance in 2024.
- Core Price Uptick Signals Long-Term Potential
- Apr 22, 2024 at 04:36 pm
- The value of Core has seen a significant surge, with a daily gain of 10.36%, a weekly increase of 40.88%, and a 307.22% return over the past month. This remarkable performance indicates a positive long-term outlook for Core, offering potential growth opportunities for investors.
- Global Crypto Market Surges: Bitcoin Dominates, AIOZ Network Soars
- Apr 22, 2024 at 04:35 pm
- The global crypto market witnessed a moderate uptrend on Monday, with the total market cap increasing by 1.62% to $2.44 trillion. Bitcoin (BTC) emerged as the most trending cryptocurrency, rising 1.71% to $66,283.15, while AIOZ Network (AIOZ) stood as the top gainer with a surge of 13.23%. Nervous Network (CKB) faced a decline of 4.56%, becoming the biggest loser in the market. Notably, DeFi experienced a 4.30% increase, reaching $5.12 billion, as reported by Coinmarketcap.com.
- Bitcoin Halving: Historic Event Unleashes Scarcity, Price Potential, and Market Volatility
- Apr 22, 2024 at 04:35 pm
- The Bitcoin halving, a pre-programmed event that occurs approximately every four years, took place on April 19, 2024. This event reduced the block reward for bitcoin miners by half, from 6.25 BTC to 3.125 BTC per mined block, impacting miners' profitability and potentially leading to changes in the mining industry. While the immediate price response was muted, the halving has long-term implications for bitcoin's supply-and-demand dynamics. The reduction in the supply of new bitcoins entering circulation is expected to create upward pressure on bitcoin's price over time, but the relationship between halvings and price appreciation is not straightforward and can be influenced by various market factors.
- Magic Eden Unveils Game-Changing NFT and Blockchain Initiatives: Runes and Base to Launch
- Apr 22, 2024 at 04:34 pm
- Magic Eden, an established NFT and blockchain platform, is expanding its offerings with the upcoming launches of Runes and Base on April 23rd and 25th, respectively. Runes, a gaming initiative, will integrate NFTs into gameplay, providing players with enhanced experiences and ownership potential. Base, tailored towards digital art, aims to empower artists and creators by connecting them with a global audience and bypassing traditional art market barriers. These platform developments underscore Magic Eden's commitment to innovation and leadership in the NFT and blockchain space, signaling a potential surge in user engagement and creator empowerment.
- Solana Ecosystem Hit by Surge of Abandoned Meme Coin Projects, Investigator Warns
- Apr 22, 2024 at 04:34 pm
- Cryptocurrency on-chain investigator ZachXBT has raised concerns about a troubling trend within Solana's ecosystem: the abandonment of presale meme coin projects. According to his findings, approximately 12 meme coins launched through Solana presales have vanished within a month, collectively siphoning off 180,650 SOL ($26.7 million). This serves as a cautionary tale for investors to exercise prudence and avoid engaging with projects associated with such founders.
- Ethereum Transaction Volume Soars, Signaling Long-Term Holder Confidence
- Apr 22, 2024 at 04:33 pm
- In the dynamic cryptocurrency market, various factors influence market behavior and investor sentiment. Ethereum's recent transaction surge suggests potential growth but faces bearish conditions. Bitcoin's "halving" event has sparked speculation about price implications, while the Furrever Token (FURR) emerges with promising investment prospects, capturing the attention of investors with its innovative blend of digital collectibles and financial potential.
- Dogecoin Primed for Potential Bull Run on Back of Bitcoin Halving and DOGE Day
- Apr 22, 2024 at 04:33 pm
- The TD Sequential indicator hints at a potential bullish reversal for Dogecoin (DOGE), following the Bitcoin halving and DOGE Day events. This buy signal suggests an upswing of one to four days for DOGE, with a possible price target above $0.20. However, the Dogecoin community warns against the proliferation of DOGE airdrop scams, like dogechain.com, which aim to steal personal and financial information through phishing schemes.
- Bitcoin Soars Past $65K Milestone After Successful Halving
- Apr 22, 2024 at 04:33 pm
- Driven by a successful halving event, Bitcoin commenced the week with notable gains, surpassing $65,000 on Monday. The halving, which reduces the issuance rate of new Bitcoins by 50%, sparked optimism among traders. Despite expectations of significant price surges, Bitcoin's rally has been modest, with prices hovering between $65,000 and $67,000 as of early Monday.
- Mount Gox to Disburse Crypto Assets to Creditors by October 2024
- Apr 22, 2024 at 04:32 pm
- Mount Gox, once a prominent Bitcoin exchange, prepares to distribute substantial crypto assets (142,000 BTC, 143,000 BCH) and yen (69 billion) to creditors by October 2024. Despite the positive news, skepticism lingers due to Mount Gox's history of delays and the potential impact on Bitcoin's market dynamics, as the influx of crypto assets could introduce selling pressure and influence price fluctuations.
- Bitcoin Miners Strike Gold: Transaction Fees Fuel Record $107M Windfall
- Apr 22, 2024 at 04:30 pm
- Bitcoin miners experienced a record-breaking payday, earning $107 million on April 20th. This surge in profitability, primarily driven by transaction fees, showcases the evolving revenue dynamics of Bitcoin mining operations. The increasing importance of transaction fees as a revenue stream highlights the resilience and adaptability of Bitcoin's economic model, especially amidst planned block reward reductions.