|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 / 07- Pantera Liquid Token Fund Soars 66% in Q1, Crypto Investments Fueling Growth
- Apr 07, 2024 at 03:57 am
- Pantera Capital's Liquid Token Fund soared with a 66% return in Q1 2024, led by crypto tokens like Solana (SOL), Ribbon Finance (RBN), and Stacks. The fund reduced its Bitcoin allocation, which underperformed RBN's 400% and SOL's 69% gains. Pantera's focus on DeFi tokens and recent investment in SOL tokens at a discount contributed to the fund's success, supported by institutional interest in SOL-based funds.
- Sony Pioneers Stablecoin Experimentation and Embraces Web3 Technologies
- Apr 07, 2024 at 03:52 am
- Sony Bank embarks on a stablecoin experiment pegged to the Japanese Yen, leveraging the Polygon blockchain in partnership with SettleMint to minimize transaction fees and facilitate payments for Sony Group's businesses. Simultaneously, Sony Group joins forces with Startale Labs to establish a public blockchain network, marking a concerted effort to embrace Web3 technologies and foster innovation in the financial sector and beyond.
- Bitcoin Surges to $70,613.70, Marking Continued Volatility in Crypto Market
- Apr 07, 2024 at 03:50 am
- As of April 7, Bitcoin trades at $70,613.70 against the US dollar. The valuation reflects Bitcoin's market dynamics, with investors and enthusiasts tracking fluctuations to make informed decisions on buying, selling, or holding the cryptocurrency.
- Technical Indicators Point to Persistent Downtrend for Optimism (OP)
- Apr 07, 2024 at 03:48 am
- Technical indicators suggest a sustained downtrend for Optimism's native token (OP). After breaking out of an uptrend and falling below key moving averages, OP's price dropped to around $2.9. Resistance levels at $4.87 and $4.04 have emerged, while the support level of $2.95 has been breached. MACD and Bull Power vs. Bear Power indicators indicate strong downward momentum. If the downtrend continues, OP could break below the previous support level of $2.61, potentially reaching new lows.
- MicroStrategy CEO Michael Saylor Hails Bitcoin as a Digital Bank for the Masses
- Apr 07, 2024 at 03:44 am
- MicroStrategy CEO Michael Saylor promotes Bitcoin as a robust digital bank, providing a secure and accessible savings option for the unbanked. Despite a recent market dip, MicroStrategy maintains its significant Bitcoin investment, underscoring its long-term belief in the cryptocurrency's potential as a transformative financial platform.
- Institutional Waves and Economic Data Dance: Bitcoin's Symphony of Market Forces
- Apr 07, 2024 at 03:44 am
- In the dynamic cryptocurrency market, Bitcoin's price resonates with economic data fluctuations and institutional investments. Recent market developments show Bitcoin's resilience, rebounding after a brief dip, while institutional inflows from BlackRock's IBIT fund inject optimism. The impending release of FBTC data adds anticipation, fueling speculation and the potential for significant net inflows. Understanding the symphony of market forces allows investors to navigate the volatility of Bitcoin trading with precision, lending insights into the interplay of economic data, institutional inflows, and market sentiment that shape the cryptocurrency landscape.
- AaveDAO Navigates Controversial Dai Collateral Limits Proposal Amidst eUSD Stability Concerns
- Apr 07, 2024 at 03:39 am
- AaveDAO, overseeing the crypto lending platform Aave, contemplates a proposal by Chaos Labs to adjust Dai collateral limits, raising concerns about eUSD's partial coverage of Dai and a potential 12% decrease in Dai's loan-to-value ratio. The discussion highlights the challenges in DeFi protocol innovation and risk management, with concerns over the stability of eUSD, a stablecoin backed by stETH and futures shorts.
- Crypto Sleuth ZachXBT Snubs Memecoin Support, Declares Unwavering Resistance
- Apr 07, 2024 at 03:33 am
- Amidst the recent surge in memecoins, the Complex (SIMPLE) project has abruptly ceased operations, leaving investors with worthless tokens. Despite pleas for assistance, investigative journalist ZachXBT has declined to support SIMPLE holders, citing their voluntary investment in "vaporware memecoins." The project's termination has sparked controversy, with users expressing dissatisfaction over the developers' use of mental health as a reason for discontinuation.
- Top 5 Cryptocurrencies for Profitable Investment in April's Volatile Market
- Apr 07, 2024 at 03:33 am
- Amid a crypto market dip, this article suggests investing in 5 promising cryptocurrencies for potential gains in April: Optimism (OP), Mina Protocol (MINA), Dogecoin20 (DOGE20), Gala (GALA), and Core (CORE). Optimism has shown a bullish trend with a price prediction of $10 within a year. Mina Protocol, with its compact blockchain, promotes accessibility and user-friendliness. Dogecoin20 offers staking rewards and a percentage of supply allocated for community engagement. Gala is innovating with NFTs and film ownership. Core's value surged over 80% last week, and new partnerships support its ecosystem.
- Technical Indicators Signal Continued Downturn for Optimism's (OP) Price
- Apr 07, 2024 at 03:30 am
- Optimism (OP) has experienced a significant price drop after reaching an all-time high of $4.87. Currently trading below $3, OP faces strong downward momentum, as indicated by key technical indicators such as the Moving Average, trendline, MACD, and Bull vs. Bear power indicators. The price has broken through a support level of $2.95, suggesting a potential further decline, with possible targets around $2.61 or lower.
- Litecoin Spikes on Bullish Momentum, Analyst Predicts 25% Surge
- Apr 07, 2024 at 03:30 am
- Litecoin (LTC) has recently surged in value, with a price increase of 3.23% within 24 hours and a trading volume of $1.29 billion. This positive momentum is supported by analysis from World Of Charts, who predicts an upward move based on a bullish pennant pattern. Additionally, Rekt Capital highlights Litecoin's strength in successfully retesting the $94 support level, indicating investor confidence and potential for further growth.
- Algotech's Presale Breaks Records, Surges Amidst Market Volatility
- Apr 07, 2024 at 03:23 am
- Despite market volatility and a dip in SHIB's value, Algotech's presale has surpassed $3.5 million, attracting investors with its innovative algorithmic trading platform and potential for high returns. While SHIB's future trajectory remains uncertain, Algotech's breakout performance has drawn attention, leading to a $250,000 giveaway for ten lucky winners.
- Polygon Plummets Amidst Market Correction, Sideways Movement Expected
- Apr 07, 2024 at 03:23 am
- Polygon (MATIC) has experienced a significant correction, losing 30% of its value and forming an inverted head and shoulder pattern, signaling potential further downfall. The daily chart indicates a symmetrical triangle pattern, suggesting consolidation before a breakout. A bearish breakdown from the $0.9 neckline support could lead to a 23% drop to $0.687, while a bullish TD Sequential buy signal and 200-day EMA support suggest the possibility of a rebound towards $0.95 or $1.
- Sei Foundation Launches Multimillion-Dollar Creator Fund to Advance Ecosystem Innovations
- Apr 07, 2024 at 03:13 am
- The Sei Foundation and Gitcoin have joined forces to launch the Sei Creator Fund, a $10 million grant program designed to support creators and builders within the Sei ecosystem. This fund aims to empower individuals and teams working on innovative projects, particularly in the areas of NFTs and social media, fostering the growth and development of the Sei community.
- Capital City Craft Festival to Celebrate American Arts, Crafts, and Culinary Delicacies
- Apr 07, 2024 at 03:05 am
- The Capital City Craft Festival showcases over 100 American artisans offering handmade arts and crafts, including pottery, jewelry, paintings, woodwork, and more. The event also features gourmet specialty foods such as fudge, honey, olive oils, and baked goods. Admission is $8 for adults or $6 with a coupon, and children under 14 are free. The festival takes place indoors at 15 Loudon Road, Concord, NH 03301, and offers free parking.
- Coinbase Scores Legal Triumph: Court Tosses Out Securities Violations Allegations
- Apr 07, 2024 at 03:05 am
- Coinbase has prevailed in a significant legal dispute, with the U.S. Court of Appeals for the Second Circuit ruling that the cryptocurrency exchange did not violate Securities Exchange Act laws in its secondary crypto sales. The court dismissed allegations that Coinbase sold unregistered securities, finding no evidence that the company transferred title to the securities or solicited customers for personal financial gain.
- Bitcoin Bulls, Beware: Record-High Funding Rate Hints at $60K Pullback
- Apr 07, 2024 at 03:03 am
- Bitcoin investors should exercise caution as the recent surge in funding rates signals a potential correction. Despite recent volatility, the price has remained relatively stable, with drawdowns not exceeding 20%. However, the record-high funding rates indicate a significant number of traders betting on short positions, suggesting a possible pullback to around $60,000.
- Bitcoin Funding Rates Hit All-Time Highs, Signal Cautious Optimism
- Apr 07, 2024 at 03:03 am
- Despite recent volatility, Bitcoin funding rates remain at record highs, signaling caution for potential rallies. Despite profit-taking and selling, Bitcoin price drawdowns have been limited to around 20%. Analysts anticipate a further correction before a potential upward trend towards $100K, with support at $65.5k being crucial.