|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 / 03
- Google Cloud, Sui Network Team Up to Advance AI in Web3
- May 03, 2024 at 12:32 am
- Google Cloud has joined forces with Sui Network to revolutionize AI integration within Web3. This partnership encompasses four key initiatives: data-driven dApps, AI-enhanced development, seamless user experiences, and scalable infrastructure. Google Cloud's BigQuery integration, Vertex AI utilization, zkLogin implementation, and scalable infrastructure support will empower Web3 developers to create innovative applications and enhance user experiences.
- Sealana: The Latest Solana Meme Coin Primed for Lunar Growth
- May 03, 2024 at 12:31 am
- Amidst Solana's recent decline, a new meme coin, Sealana (SEAL), emerges as a potential early entry opportunity, attracting interest from investors. Inspired by South Park's seal character, SEAL aims to emulate the success of Solana-based meme tokens like Dogwifhat ($WIF) and Bonk ($BONK), which have experienced significant gains and attracted high-risk investors. With its presale phase underway, SEAL has already raised $129,608, positioning it for potential growth in the competitive meme coin market.
- Pepe Coin Soars Amidst Bullish Whale Sentiment and Revolut Surge
- May 03, 2024 at 12:30 am
- The price of PEPE Coin surged over 20% in the last 24 hours, aligning with increased interest from major holders, or whales. Whale activity surrounding PEPE has been noteworthy, with significant withdrawals from exchanges like Binance, totaling billions of tokens and millions of dollars.
- Aave Unveils Roadmap for Major Ecosystem Upgrade, Prepping for Aave Version 4
- May 03, 2024 at 12:30 am
- DeFi protocol Aave unveils its updated roadmap, outlining plans for a significant ecosystem upgrade targeted for mid-2025. The roadmap includes the introduction of Aave V4, featuring a new single liquidity layer architecture to enhance efficiency and facilitate the addition or removal of lending modules without affecting existing liquidity.
- ShibaSwap's Game-Changing Integration with Shibarium Network Unveiled
- May 03, 2024 at 12:30 am
- Shiba Inu expands its ecosystem by integrating its decentralized exchange, ShibaSwap, into Shibarium, its layer-2 solution, enhancing functionality and reducing transaction costs. The move aims to redefine dex operations while maintaining Ethereum roots. BONE, Shibarium's native gas token, is expected to surge in utility and value due to increased demand for transactions and liquidity on the new platform, potentially reducing its supply.
- BONK and WIF Tokens Soar Amid Bitcoin Dip, Fueling Meme Coin Frenzy
- May 03, 2024 at 12:27 am
- Solana's meme coins $BONK and $WIF surge amidst the recent crypto market downturn, defying the trend. Both coins have experienced significant gains, indicating continued demand for meme tokens. While the reasons behind the surge remain unclear, the impressive trading volume suggests they could reach new highs. Meanwhile, Dogeverse, a new multi-chain doge meme coin, has raised over $13 million in its presale, setting the stage for a potentially explosive exchange listing.
- Bitcoin Correction Nearing End, Analysts Predict Recovery
- May 03, 2024 at 12:22 am
- Recent market analysis suggests a potential resurgence for Bitcoin after a month-long decline, which saw a 20% value drop to below $57,000. Michael van de Poppe, among other analysts, believes Bitcoin has reached the nadir of its correction, with a bounce-back likely from the $56,000-$58,000 range. Historical data and Halving cycles indicate a potential six-month period of "chopsolidation" before a major bullish rally over the next year.
- Worldcoin's Biometric Data Grab Sparks Alarm in Latin America
- May 03, 2024 at 12:20 am
- Worldcoin's iris scanning and digital identity scheme continues to spread globally, raising concerns among governments about biometric data collection and privacy protection. In Argentina, a proposal to regulate Worldcoin's activities has been introduced, while Mexican politicians seek clarification on data practices. Critics express concerns about consent clarity amid the offer of cryptocurrency for iris scans and Worldcoin's offshore status. Despite skepticism, the company plans to expand its operations in Mexico, while also taking steps to address privacy concerns and partnering with companies like PayPal.
- Terraform Labs and Do Kwon Convicted of Fraud by New York Jury
- May 03, 2024 at 12:18 am
- A New York jury has found Terraform Labs and its co-founder, Do Kwon, liable for fraud. The Securities and Exchange Commission (SEC) alleged that the defendants sold unregistered securities, resulting in over $4 billion in purportedly "ill-gotten gains." Despite Terraform's defense that the majority of token sales occurred outside the United States, the jury's verdict marks a significant victory for the SEC and has far-reaching implications for the regulatory space surrounding digital assets.
- JPMorgan Cautions on Crypto Market; Cites Lack of Catalysts and Speculation
- May 03, 2024 at 12:18 am
- In its latest report, JPMorgan maintains a bearish outlook on cryptocurrencies, citing a lack of bullish catalysts, elevated positioning, underwhelming venture capital funding, and high production costs as primary bearish pressures. The bank's previous warnings about a potential Bitcoin price crash and the halving event being priced in have materialized, with the cryptocurrency market experiencing a significant correction and volatile price movements.
- JPMorgan's Grim Outlook Shadows Crypto Market
- May 03, 2024 at 12:18 am
- In its recent report, JPMorgan expresses caution towards cryptocurrencies. The bank highlights a lack of bullish catalysts and factors such as elevated positioning in the market, underwhelming venture capital funding, and high production costs contributing to the current selling pressure. JPMorgan's cautious stance is consistent with its previous predictions, including a potential Bitcoin price drop to $42,000 after the halving event.
- Dogecoin's Bullish Rebound Points to a Promising Horizon
- May 03, 2024 at 12:18 am
- Amidst a 6% surge in the past 24 hours, the Dogecoin price stands at $0.1321 with an optimistic outlook. A double bottom pattern suggests a potential bullish reversal, targeting the $0.2237 resistance level. Investors are also taking part in the Dogeverse presale, which has raised over $13 million. Dogeverse, a cross-chain meme coin, boasts an impressive 85% APY staking option.
- Solana Rebounds with Optimism, Bitcoin ETF Landscape Changes, and BlockDAG Emerges as Stablecoin
- May 03, 2024 at 12:16 am
- Crypto enthusiasts are closely monitoring the cautious yet promising Solana price prediction, the surprising shift in the Bitcoin ETF landscape, and the explosive growth of BlockDAG coin. Solana, showing signs of recovery despite market fluctuations, remains a point of interest for analysts. Meanwhile, BlackRock’s IBIT Bitcoin ETF has experienced its first day with zero new inflows, raising questions about ongoing interest in Bitcoin ETFs. BlockDAG has captured attention with its commitment, demonstrated through a $100 million liquidity provision and a significant coin lockup for team members—1.5 billion coins secured for 36 months to ensure alignment with long-term goals. Currently in its 10th presale batch, BlockDAG’s coin price has reached $0.006, illustrating the potential for substantial returns.
- Binance Loans Expanded with New Assets; App Updates Required
- May 03, 2024 at 12:14 am
- Binance expands Loan service with new assets including HOT and MANTA, necessitating app updates. Following the announcement, the prices of the newly added tokens experienced an increase, potentially influenced by the broader cryptocurrency market recovery.
- Bitcoin Surges, Targets $60K Resistance Amid Mixed Market Outlook
- May 03, 2024 at 12:10 am
- The market has begun to recover from a few days of decline, with Bitcoin (BTC) prices increasing by 4.33% over the past day. On the hourly chart, BTC has broken the $59,104 resistance level, providing an opportunity for further upward movement. However, on the daily chart, a bullish reversal is not yet certain, and sideways trading is more likely until week's end. Midterm analysis suggests monitoring the $59,440 level, as a weekly close below it could lead to a drop to the $55,000 range next week.
- Call of Duty Updates Leave Modern Warfare 3 and Warzone Players Furious
- May 03, 2024 at 12:07 am
- Season 3 Reloaded has dropped for Modern Warfare 3 and Warzone, but the community is reaching a breaking point amidst the constant bugs and glitches. From Dev Error 5433 to the tac sprint reload bug, the community is left facing more broken, unpolished features.
- Introducing the Mad Jacques: A Pioneering Microadventure in Pays d'Auge, Normandy
- May 03, 2024 at 12:07 am
- Originating from the simple concept of enhancing travel experiences by exploring nearby destinations, Mad Jacques emerged as a pioneer of microadventures in France. The Paris-based company organizes multi-day expeditions that combine athletic challenges with festive gatherings. These adventures take place on foot, by bike, by canoe, or even by hitchhiking, showcasing lesser-known regions through the lens of local products.
- Restaking: Scaling Blockchain Security with a New Frontier
- May 03, 2024 at 12:06 am
- Crypto's latest investment craze, restaking, is the practice of recycling staked assets to secure smaller blockchain applications. This trend has garnered significant attention, with platforms like EigenLayer attracting billions in deposits. While some see it as a promising opportunity, others warn of potential risks, including contagion risk and the dangers of liquid restaking. Despite the hype, EigenLayer remains in beta, and the full implementation of its key features is yet to be seen. The speculative frenzy surrounding restaking and the unrealistic expectations set by airdrop plans have raised concerns about the long-term viability and potential for disappointment in the market.
- Tokenized Real-World Asset Platform Launches Private Credit Pool on Celo Network
- May 03, 2024 at 12:06 am
- Untangled Finance, backed by Fasanara Capital, has launched its first private credit pool on the Celo network in partnership with Karmen. The pool, structured under Luxembourg regulations, allows accredited investors to deposit USDC and provides capital to Karmen for lending to digital enterprises in France. This pool is part of a potential €100 million senior facility agreement with Karmen. Private credit tokenization brings traditional assets to the blockchain for efficiency, transparency, and accessibility, with the on-chain private credit market currently valued at over $600 million.
- Terra Luna Classic Network Upgrade Boosts Efficiency, Propels Token Value
- May 03, 2024 at 12:06 am
- The Terra Luna Classic network underwent a successful upgrade, rebel-2, which incorporated key elements like SDK v0.47, wasmd v0.45, ibc-go v7, and a p2p storm fix, enhancing network efficiency and performance.