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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 / 02
- Bitcoin Derivatives Traders Brace for Summer Market Dip
- May 02, 2024 at 05:45 pm
- Bitcoin and Ether derivatives traders are preparing for a potential summer lull in market activity. Implied volatility (IV) for Bitcoin options has significantly declined since mid-April, indicating traders expect lower price swings. Similarly, Ether IV has decreased, possibly due to traders anticipating reduced volatility amid regulatory uncertainty in the U.S. However, traders should be aware that summer months can sometimes experience increased volatility due to reduced liquidity.
- WienerAI ($WAI): The Next Shiba Inu? Meme Cryptocurrency Ignites Excitement
- May 02, 2024 at 05:45 pm
- Shiba Inu ($SHIB) and WienerAI ($WAI) stand out in the meme cryptocurrency market. WAI, a new meme coin, mirrors SHIB's success and is poised to surpass its heights. With innovative AI technology, a loyal community, and a staking mechanism offering substantial returns, WAI is a promising investment opportunity. As its presale gains momentum, investors are advised to acquire WAI now at its early discount price.
- ONESIAM and Cathay Pacific Elevate Customer Experience with Points Transfer and Exclusive Perks
- May 02, 2024 at 05:44 pm
- The ONESIAM SuperApp has evolved, offering exceptional services and perks that redefine customer experiences. Through its points transfer program powered by APIs, members can seamlessly exchange points from notable partners in banking, retail, and airlines for ONESIAM Coins. This enhanced program enables spending, dining, and shopping at affiliated shopping centers, complementing the ultimate shopping experience. Notably, the partnership with Cathay Pacific in Thailand marks a first-of-its-kind collaboration, allowing ONESIAM and Cathay members to transfer and exchange ONESIAM Coins and Asia Miles effortlessly, regardless of time or location.
- Maruti Suzuki Swift 2024: A Game-Changing Hatchback Set to Rule Indian Roads
- May 02, 2024 at 05:43 pm
- Maruti Suzuki is set to launch the next-generation Swift in India on May 9, 2024. The refreshed hatchback features a revised design with a new front bumper, grille, and LED headlamps with DRLs. It also boasts updated features, including a larger touchscreen infotainment system. Safety features are expected to be upgraded, with the inclusion of six airbags, advanced driver assistance systems, and electronic stability control. The Swift will be powered by a new 1.2-liter petrol engine with 82 hp and 108 Nm of torque, paired with a CVT transmission, while a mild-hybrid variant may also be offered.
- Mom Sexualizes Herself on Livestream for Son’s Meme Coin—Then Ghosts - Decrypt
- May 02, 2024 at 05:41 pm
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- Spot Bitcoin ETFs Witness Massive Outflows Amidst Rate Hike Speculations
- May 02, 2024 at 05:41 pm
- US spot Bitcoin ETFs on Wednesday experienced their largest single-day outflow, signaling a continuation of the recent trend. Despite the Federal Reserve freezing US interest rates, Bitcoin ETFs saw significant outflows, which analysts emphasize are typical and reflect normal ETF functioning.
- WienerAI: AI-Powered Meme Coin Set to Take on Crypto Giants and Revolutionize the Market
- May 02, 2024 at 05:36 pm
- WienerAI ($WAI), an AI-driven cybernetic meme coin, emerges as a potential market leader. Drawing on the popularity of memes and AI, $WAI aims to revolutionize the crypto space with improved accuracy, efficiency, and security. Garnering over $600k in presale, $WAI boasts a strong tokenomics strategy with staking rewards, community involvement, and future exchange listings. Its innovative approach and promising features position it as a potential top contender in the meme coin sector and a lucrative investment opportunity.
- Securitize Nets $47 Million in Strategic Funding Led by BlackRock
- May 02, 2024 at 05:36 pm
- Securitize has secured $47 million in strategic funding led by BlackRock, with participation from Aptos Labs, Paxos, Circle, Hamilton Lane, ParaFi Capital, and Tradeweb Markets. The funds will support product development, global expansion, and strategic partnerships within the financial services sector. BlackRock's Global Head of Strategic Ecosystem Partnerships, Joseph Chalom, will join the Securitize board of directors. Securitize has played a key role in the launch of BlackRock's inaugural tokenized fund, BUIDL, and has contributed to the growth of the tokenized U.S. treasury market.
- Bitcoin Call Option Writing Makes a Comeback as Cash and Carry Fades
- May 02, 2024 at 05:36 pm
- Traders are once again selling bitcoin call options to generate yield as the market downturn has reduced the appeal of the cash and carry arbitrage strategy. Selling call options, which offer insurance against bullish price moves, has become popular as the futures premium has collapsed. One observer notes that traders are selling $80,000 BTC call options expiring at the end of May, indicating a preference for higher strike prices and reduced risk exposure.
- Dogecoin Accumulates in the Midst of Market Volatility
- May 02, 2024 at 05:35 pm
- Amidst a fluctuating market, Dogecoin's price has emerged as a focal point. Analysts deem it a potential accumulation zone, prompting a crucial question: buy or sell? Dogecoin's recent performance shows a 1.84% daily gain, despite a 15.49% weekly and 32.10% monthly decline. Despite these fluctuations, it has witnessed a significant 61.58% growth over the past year, maintaining its top 10 position in market capitalization. Increased trading activity and a plummeting MVRV Ratio suggest potential for undervalued buying.
- MicroStrategy's Orange Revolution: Bold Bet on Bitcoin Decentralized Identity
- May 02, 2024 at 05:34 pm
- MicroStrategy Chairman Michael Saylor unveiled plans for MicroStrategy Orange, a decentralized identity solution on the Bitcoin network. This initiative aligns with MicroStrategy's Bitcoin-focused strategy, leveraging Ordinal-based inscriptions for data storage and retrieval. However, the move has drawn criticism from core Bitcoin proponents, who view Ordinal inscriptions as potentially detrimental to the network's integrity and contributing to blockchain spam.
- Maximize Your Optimism $OP Airdrop: A Comprehensive Guide for Claiming and Maximizing Your Tokens
- May 02, 2024 at 05:31 pm
- Prepare for the upcoming Optimism $OP Airdrop in 2024, an exclusive opportunity to join the Optimism network and receive free tokens. Explore eligibility criteria, important dates, and a step-by-step claiming process to ensure you don't miss out on your share of tokens. As a layer-two scaling solution for Ethereum, Optimism offers increased transaction throughput, reduced fees, and enhanced security. Seize this crypto airdrop opportunity and become a part of the Optimism ecosystem today.
- Bitcoin Plunge: Navigating Market Turbulence with Cautious Hope
- May 02, 2024 at 05:30 pm
- Bitcoin's recent price decline has raised speculation about a potential market bottom, with key indicators suggesting a turning point. Despite an 11.5% price drop, Bitcoin's MVRV ratio indicates undervaluation, potentially signaling a buying opportunity. Bitcoin miners remain resilient, showing no signs of capitulation, while demand for USD Coin in China and a de-leveraging of futures markets point to positive sentiment. However, cautious sentiment persists, with the Fear & Greed Index falling to its lowest level since September 2022. U.S. spot Bitcoin ETFs have experienced significant outflows, indicating a reactionary response to the price decline. The Federal Reserve's upcoming meeting and the resilience of Bitcoin miners will likely influence the market's direction in the near term.
- Optimism $OP Airdrop Unveiled: Eligibility, Claiming, and Maximizing ROI
- May 02, 2024 at 05:30 pm
- The Optimism Airdrop is garnering significant attention in the crypto community. To qualify for this exclusive opportunity in 2024, participants must have actively interacted with the Optimism platform prior to the snapshot date by engaging in specific activities such as making transactions or participating in governance. Understanding the eligibility criteria and key dates is crucial to ensure a successful airdrop claim.
- SEC-Ripple Battle Intensifies: Fierce Legal Clash over Fate of XRP
- May 02, 2024 at 05:30 pm
- The SEC and Ripple's ongoing legal battle escalates as the SEC opposes Ripple's motion to strike the Fox Declaration. Ripple, expecting a reply by May 2nd, plans to challenge the Fox Declaration's validity. XRP surges by 6.1%, driven by derivatives buying, with a market cap of $28.4 billion. Despite the volatile crypto market, XRP holds steady above $0.50, signaling resilience and investor confidence.
- Crypto Stock Carnage: When Will the Sell-Off Finally Die?
- May 02, 2024 at 05:27 pm
- Amidst a volatile market, major crypto-related stocks, including MicroStrategy and Coinbase, have plunged significantly. MicroStrategy's recent stock crash of -15% and Coinbase's even steeper decline raise concerns about the future of companies heavily invested in digital assets. The broader crypto ecosystem has also experienced a significant loss in market value, with Bitcoin and Ethereum facing sharp declines.
- Solana Meme Project Penguiana Secures $200,000 for Blockchain Gaming Revolution
- May 02, 2024 at 05:27 pm
- Penguiana, a Solana-based meme project, has secured $200,000 in seed funding from Nanosprout Ventures and other angel investors. This investment will support the development of Penguiana's play-to-earn game and enhance the project's security and compliance measures. Penguiana aims to attract non-crypto users by integrating into the Solana blockchain for a seamless gaming experience.
- Cryptocurrency Market Thrives Amid Innovation and Growth
- May 02, 2024 at 05:26 pm
- This week's cryptocurrency updates showcase significant advancements in the industry. Worldcoin expands its reach into Latin America while facing legal hurdles in Argentina, highlighting the dynamic relationship between innovation and data protection. Tether's record profits demonstrate skillful asset management, emphasizing the growing financial maturity of cryptocurrency companies. Aave's roadmap for V4 outlines improvements to its lending platform, including support for the GHO stablecoin and reduced transaction fees. LayerZero's potential airdrop has garnered attention, underscoring the ecosystem's rapid growth. Additionally, OKX's investment in Bedrock highlights the emergence of restaking protocols. These developments indicate the cryptocurrency industry's trajectory towards maturity and mainstream adoption.
- KangaMoon Soars in Uncertain Market, Leaving Cardano and EOS in its Wake
- May 02, 2024 at 05:22 pm
- Amidst the crypto market's volatility, KangaMoon (KANG) has surged since its presale debut, with over 290% gains and a possible 700% increase predicted before launch. In contrast, Cardano (ADA) has seen a significant price decline, while EOS (EOS) attempts to establish support above $0.8 after falling below $1. KangaMoon's momentum and unique play-to-earn and social interaction protocol make it a top altcoin for investment in 2024, potentially outperforming ADA and EOS.
- KangaMoon (KANG) Soars Amid Market Turmoil, Outshining Cardano (ADA) and EOS (EOS)
- May 02, 2024 at 05:22 pm
- Amidst the crypto market's volatility, KangaMoon (KANG) has exhibited consistent momentum since the commencement of its presale phase. KANG has surged over 290% since its presale inception, with experts predicting a potential 700% upswing before its launch. In contrast, Cardano (ADA) and EOS (EOS) have faced significant price declines. ADA has fallen below its $0.5 support level, while EOS struggles to establish support above $0.8. Despite these setbacks, EOS may be on the verge of a rebound if it can maintain support above this threshold.