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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 / 01
- Coal Mining Giant Alliance Resource Partners Mines $30M Worth of Bitcoin, Raising Environmental Concerns
- May 01, 2024 at 01:50 am
- Coal mining company, Alliance Resource Partners (ARLP), engages in Bitcoin (BTC) mining through utilizing surplus energy from its facilities, resulting in 425 BTC worth $30 million mined in the first quarter. However, environmental concerns arise as critics assert that this move by ARLP could hinder the positive narrative surrounding BTC's sustainability, despite a growing trend of BTC mining companies relying on renewable energy sources.
- Bonk Killer Honeypot Scam Exposed: $1.62M Stolen from Naïve Investors
- May 01, 2024 at 01:48 am
- The cryptocurrency Bonk Killer (BONKKILLER) surged to a remarkable $328 trillion market value. However, this growth halted abruptly when traders discovered an inability to sell their tokens. This situation revealed that Bonk Killer was a honeypot scam, with developers using malicious code to prevent token sales and steal investor funds, resulting in a $1.62 million loss.
- Trump's Crypto Crash: Former Presidential Candidate Loses Millions
- May 01, 2024 at 01:46 am
- Republican presidential nominee Donald Trump has seen a decline in the value of his cryptocurrency portfolio in recent months, losing millions of dollars. Despite previously benefiting from crypto projects, his current holdings, including Ethereum (ETH) from NFT sales and MAGA Coin (TRUMP), have significantly decreased in value. This downturn is in contrast to earlier this year when his crypto portfolio reached highs of over $8.5 million.
- OKB Airdrop Guide: Maximize Rewards and Protect Your Digital Assets
- May 01, 2024 at 01:46 am
- OKB Airdrops, a distribution strategy in the cryptocurrency world, offer free tokens to participants to heighten awareness and expand token distribution. These events often coincide with project launches, blockchain forks, or promotions. While airdrops can be seen as windfalls, it's crucial to exercise caution and verify the legitimacy of the event to avoid fraudulent schemes. To claim an OKB Airdrop, follow the steps outlined on the official airdrop page, confirming eligibility, connecting your wallet, and completing any necessary tasks.
- Ripple and HashKey DX Forge Partnership to Launch XRPL-Backed Solutions in Japan
- May 01, 2024 at 01:46 am
- Ripple, HashKey DX, and SBI Group collaborate to introduce XRP Ledger (XRPL)-powered enterprise solutions in Japan. The partnership aims to leverage the success of HashKey's supply chain finance solutions in China, with SBI Group companies becoming the first Japanese corporations to offer these services. The XRPL's reliability, stability, and performance are cited as key factors in this alliance.
- IMF Gala Raises Over $675,000 to Fight Myeloma
- May 01, 2024 at 01:45 am
- The International Myeloma Foundation (IMF) raised over $675,000 at its 15th annual gala, earmarked for research and educational initiatives to combat myeloma. The event, attended by celebrities and industry leaders, honored organizations for their contributions to myeloma research and patient support. The funds will specifically support the Peter Boyle Research Fund, the Black Swan Research Initiative, and programs addressing health disparities for those with myeloma.
- Dive into the Ultimate Guide to Ontology $ONT Airdrops: Maximize Value through Strategic Participation
- May 01, 2024 at 01:41 am
- Ontology $ONT airdrops are events where free tokens are distributed to cryptocurrency community members' wallets. This tactic aims to promote awareness and broaden token circulation. Airdrops may coincide with new project launches, blockchain forks, or promotional activities, delivering digital assets directly to potential users. In the cryptocurrency ecosystem, airdrops are often perceived as unexpected gifts, but participation requires a sound understanding of wallets and security measures to safeguard digital assets.
- Unlock the Secrets: Maximize Your Earnings with Casper $CSPR Airdrops
- May 01, 2024 at 01:41 am
- Casper $CSPR airdrops distribute tokens to participants' wallets for promotional purposes, broadening the token's reach. These events, often linked to new project launches or blockchain forks, provide direct access to digital assets, motivating users to hold and engage with the token. However, participating in airdrops necessitates a secure wallet and understanding of the eligibility criteria and potential scams.
- Tezos Releases Enhanced Ledger Wallet App for Elevated Security and User Convenience
- May 01, 2024 at 01:40 am
- Tezos has announced an update to its wallet app for Ledger users, introducing enhanced features for improved security and user experience. The new version 3.0.3 eliminates blind signing, allowing users to review transactions on their Ledger devices before finalizing. The app also features an upgraded interface for ease of use, integration with Oxford 2, and expert mode for Micheline smart contracts. While these updates aim to revolutionize Web3 applications and boost ecosystem adoption, the market performance of the XTZ token has not yet reflected this progress.
- Animoca Brands Embarks on Journey to Revolutionize Bitcoin Industry
- May 01, 2024 at 01:39 am
- Animoca Brands, a prominent game software company and Web3 powerhouse, has announced its entry into the Bitcoin industry via a collaboration with Opal Foundation. This move aims to expand Bitcoin's utility beyond a store of value into a platform for entertainment, gaming, and other Web3 services. Animoca Brands brings expertise in gaming, metaverse development, and digital property rights, while the collaboration with Opal Foundation leverages the Bitcoin network's large market and value.
- Bitcoin Market Swings Wild Amidst Halving and ETF Launch
- May 01, 2024 at 01:38 am
- Bitcoin has failed to respond positively to the halving event and the launch of Hong Kong ETFs. Consequently, it has fallen to its weekly lows, shedding $2750 and reaching $60,152 today. The lows remain at $60,053, which may face strong protective bids. However, further declines could lead to support levels at the April low of $59,590, potentially triggering bearish technical signals and additional selling into the $50,000s. This weakness reflects broader market movements, suggesting a potential negative impact if the FOMC adopts a hawkish stance tomorrow.
- Dive into the World of Gnosis $GNO Airdrops: A Comprehensive Guide
- May 01, 2024 at 01:36 am
- Gnosis $GNO airdrops are digital distributions that bestow free tokens or related assets to cryptocurrency wallets. These events serve as potent marketing tools to raise awareness and broaden the distribution of tokens. Typically coinciding with new project launches, blockchain forks, or promotional activities, airdrops effectively place digital assets directly into the hands of potential users. Participants must possess a working knowledge of wallets and maintain robust security measures to safeguard their digital assets. The allurement of obtaining free assets without direct purchase entices many, but caution is paramount as some airdrops may harbor ulterior motives, such as inflating token counts or exploiting unsuspecting recipients through phishing or fraudulent schemes.
- Unveiling the Secrets: The Ultimate Guide to Snagging Blur $BLUR Airdrops
- May 01, 2024 at 01:36 am
- Blur $BLUR airdrops entail the distribution of no-cost tokens to cryptocurrency community members' wallet addresses. This strategy aims to increase awareness and expand token distribution, often coinciding with project launches, blockchain forks, or promotions. Recipients benefit from obtaining digital assets without direct purchase, but caution is advised as some airdrops may have ulterior motives. Legitimate airdrops require meeting specific eligibility criteria, which may include token ownership or task completion. Understanding the underlying technology, market impact, and potential value is crucial for assessing an airdrop's legitimacy.
- Elevate Your Crypto Game: DappRadar Simplifies BNB Airdrops
- May 01, 2024 at 01:35 am
- BNB airdrops are complimentary crypto distributions aimed at promoting projects and expanding user bases. They involve distributing free BNB tokens to specified digital wallets, employing blockchain networks for outreach. These airdrops have become prevalent marketing strategies, offering a novel form of user acquisition within the cryptocurrency ecosystem.
- XRP's Future Looks Grim: AI Predicts Continued Plunge
- May 01, 2024 at 01:35 am
- Amidst a broader market downturn, XRP continues its losing streak, falling below $0.50 and facing bearish predictions from AI algorithms. PricePredictions forecasts a potential decline to $0.479024 by May 31, 2024, while analysts highlight the possibility of a recovery in the longer term. Despite positive developments such as Ripple's stablecoin launch and strategic alliance in Japan, XRP has lost over 20% year-to-date.
- Blockchain Revolution: Market Transparency Soars, Empowering Traders
- May 01, 2024 at 01:33 am
- The percentage of Bitcoin (BTC) wallets in profit has consistently increased since the cryptocurrency's inception in 2009, with nearly 90% of wallets currently in the green. This unprecedented level of data transparency, provided by blockchain technology, offers valuable insights for traders. This data can help gauge market sentiment, identify potential price movements, and inform trading decisions.
- CoinDesk: An Unwavering Leader in Financial Journalism
- May 01, 2024 at 01:32 am
- As stated in CoinDesk's strict editorial policies, personal privacy is respected. Recently, CoinDesk was acquired by Bullish and Block.one, two companies with vested interests in specific digital assets and blockchain technology. However, this acquisition will not influence CoinDesk's commitment to unbiased and accurate reporting.
- Terra $LUNA Airdrop Bonanza: A Guide to Free Crypto Riches
- May 01, 2024 at 01:31 am
- Terra $LUNA Airdrops: A Comprehensive Guide for Beginners Terra $LUNA airdrops are events where free tokens are distributed to wallet addresses within the cryptocurrency community to promote awareness and broaden the token's distribution. Participants must meet eligibility criteria and follow instructions to claim the tokens. Airdrops can be a legitimate way to acquire digital assets, but caution is advised to avoid fraudulent schemes and understand tax implications. Researching the project, team, and token use-case is crucial to determine the legitimacy and potential value of an airdrop.
- Golden Opportunity: Unveiling the Bounty of Qtum $QTUM Airdrops
- May 01, 2024 at 01:31 am
- Qtum $QTUM airdrops are free token distributions to wallet addresses within the cryptocurrency community, promoting awareness and usage. They are often used as marketing strategies during new project launches or blockchain forks. To claim an airdrop, eligibility criteria may include holding certain tokens or completing specific tasks. Airdrops can be legitimate opportunities for acquiring free digital assets, but thorough research and caution are advised to avoid fraudulent schemes.
- Arweave Airdrops: Unveiling the World's Free Token Strategies
- May 01, 2024 at 01:31 am
- Arweave $AR airdrops, distribution events where free tokens are sent to wallet addresses, serve as marketing strategies to raise awareness and expand distribution. These events, coinciding with project launches or promotional activities, place digital assets directly into potential users' hands. However, caution is advised as some airdrops may have ulterior motives, emphasizing the need for due diligence in evaluating eligibility criteria and understanding the potential value of the tokens being offered.