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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 / 05- ESMA Raises Regulatory Concerns over Maximum Extractable Value (MEV) in Crypto Markets
- Apr 05, 2024 at 11:46 pm
- European regulators raise concerns over the use of maximum extractable value (MEV) in blockchain transactions, labeling it a potential form of market abuse. ESMA, the European Securities and Markets Authority, warns that MEV's practice of reordering transactions for profit may negatively impact market integrity. However, industry experts argue that MEV can also enhance blockchain efficiency. The European Crypto Initiative (EUCI) emphasizes that MEV should not be universally classified as market abuse, while Peter Kerstens, an expert in financial sector digitalization, highlights the neutral implications of MEV while acknowledging concerns about its potential for frontrunning and market integrity issues.
- Toncoin Surges into Crypto's Top 10, Riding the Telegram Integration Wave
- Apr 05, 2024 at 11:39 pm
- Toncoin, the native cryptocurrency of The Open Network, has re-entered the top 10 cryptocurrencies by market cap. Toncoin has surpassed Avalanche, with a market cap of approximately $19 billion. The surge in market cap is accompanied by an increase in trading volumes by 91% and a price increase of 6.3% to $5.45. Since the beginning of the year, Toncoin's price has risen by 120%.
- Savvy Investors Eye Crypto's Rising Stars: Solana, Polkadot, BlastUP Set to Skyrocket
- Apr 05, 2024 at 11:37 pm
- Amidst the market downturn, savvy investors are eyeing Solana, Polkadot, and BlastUP. BlastUP, a launchpad on Blast, has raised $4 million in a few weeks, offering perks like Airdrops and staking. Solana has fluctuated recently but shows potential for growth, with resistance levels at $218.61 and $241.93. Polkadot has seen significant growth over the past six months but has faced a setback recently, with support levels at $8.89 and $8.12. While Solana and Polkadot may see some growth, BlastUP stands out as a promising project with strong fundamentals and high potential.
- 5 Hot Crypto Investments Under $0.1: Unlocking Hidden Gems for High Returns
- Apr 05, 2024 at 11:36 pm
- In the thriving cryptocurrency market, investors eagerly seek emerging assets with high return potential. With Bitcoin's halving event imminent, analysts have identified five promising cryptocurrencies priced below $0.1 poised for significant growth: KangaMoon (KANG), Pepe (PEPE), Gala (GALA), VeChain (VET), and Flare (FLR). Among these, KangaMoon stands out with a remarkable presale performance, amassing over $4M and exhibiting a 290% surge. Its focus on the burgeoning Play-to-Earn gaming market, commitment to community engagement, and anticipated Tier-1 CEX listing make it a prime investment opportunity.
- Bitcoin Price Set for Rebound Despite Bearish Correction
- Apr 05, 2024 at 11:35 pm
- The recent market action has prompted speculation about a potential Bitcoin price decline below $65,000. Despite a short-term correction, the hourly time frame suggests a positive outlook, with a potential breakout above $72,000 leading to a short squeeze. The liquidation heatmap indicates upper and lower targets, while technical indicators suggest a pullback towards $65,000, making this level a crucial support zone.
- Grayscale Removes Cardano and Cosmos from Multi-Asset Funds in Quarterly Reshuffle
- Apr 05, 2024 at 11:35 pm
- Grayscale, a prominent crypto asset management firm, has removed Cardano (ADA) and Cosmos (ATOM) from its multi-asset funds during its quarterly rebalancing. The adjustment aligns with CoinDesk's recent industry sector indices rebalancing, resulting in changes to the weightings of fund components. Consequently, Cardano was divested from the Grayscale Digital Large Cap Fund (GDLC), while ATOM was removed from the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE).
- PEPE Coin Navigates Market Shifts and Technical Turmoil, Trading Above 200-Day EMA
- Apr 05, 2024 at 11:35 pm
- Pepe Coin, a meme-inspired cryptocurrency, has surged by 25458% from its all-time low. Despite trading above its 200-day EMA, recent price action indicates a potential retracement due to declining trading volume and sentiment. Technical analysis suggests possible support at the 50-day EMA, but momentum is weakening as indicated by MACD and RSI declines.
- BlackRock Boosts IBIT Bitcoin ETF Liquidity with Expansion of Authorized Participants
- Apr 05, 2024 at 11:32 pm
- BlackRock is expanding its IBIT Bitcoin exchange-traded fund (ETF) by adding five new authorized participants (APs), bringing the total to nine. Citadel Securities, Goldman Sachs, ABN AMRO, Citigroup, and UBS will join existing APs to enhance the ETF's liquidity and provide a more robust platform for investors.
- Missed Opportunities Plague Crypto Traders, Costing Millions in Lost Profits
- Apr 05, 2024 at 11:30 pm
- On-chain analytics firm Arkham Intelligence unveiled the "top five fumbles" of cryptocurrency traders who missed out on substantial potential gains in 2024. These fumbles, involving meme coins like Dogwifhat and Book of Meme, highlight the volatility of the crypto market and the time-sensitive nature of meme coin rallies. Traders who sold their positions prematurely lost out on millions due to fear of missing out (FOMO), emphasizing the importance of holding through market fluctuations.
- Bitcoin Halving Nears: Market Swings Between Fear and Opportunity Amidst Uncertainty
- Apr 05, 2024 at 11:30 pm
- Market sentiment analysis by Santiment reveals a shift in sentiment towards Bitcoin (BTC) and the broader cryptocurrency market following a major correction. Despite the upcoming Bitcoin halving in two weeks, traders and investors exhibit fear and uncertainty, contrasting the recent surge to $69,000. However, Santiment suggests this prevailing pessimism presents an opportunity for optimistic investors, historically observed when markets move against common sentiment.
- Pullix Set to Shake Crypto Realm, Poised to Eclipse Binance and Arbitrum
- Apr 05, 2024 at 11:29 pm
- Emerging altcoins like Pullix (PLX) are challenging established cryptos like Binance (BNB) and Arbitrum (ARB). Pullix aims to revolutionize trading with a hybrid DEX/CEX platform, no KYC checks, and a revenue-sharing model that rewards PLX token holders. Market analysts predict a potential 50x surge for PLX by 2024 due to its low market cap and innovative features. While BNB is rising and ARB is introducing AnimeChain, Pullix's advantages could potentially position it to outshine both competitors.
- Google Unlocks Crypto Balances With Revolutionary Blockchain Search Tool
- Apr 05, 2024 at 11:29 pm
- Google has introduced a new feature that allows users to search for wallet balances across various blockchains including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. This functionality enables users to easily input a wallet address and receive comprehensive information on token balances by network, along with the most recent update time. The feature currently supports three Bitcoin address formats — P2PKH, P2SH, and Bech32 — so users can seamlessly check current balances and recent transactions.
- Meme Coins Poised for Spring Surge: Pepecoin, Shiba Inu, and Shiba Budz Excite Investors
- Apr 05, 2024 at 11:28 pm
- As the crypto market thaws from its winter cool, anticipation grows among investors for the potential spring rally of meme coins. Pepecoin, Shiba Inu, and Shiba Budz are attracting investor interest once again, each bringing unique strategies and market conditions to the forefront. Pepecoin focuses on community engagement and technological developments, while Shiba Inu expands its DeFi footprint and burns tokens to increase scarcity. Shiba Budz capitalizes on its novelty and the burgeoning interest in NFTs and metaverse projects. The confluence of favourable market conditions, including a general uptick in sentiment and increasing community support, sets the stage for a potential season of significant price movements for these meme coins.
- Ethereum's Crash Unprecedented: Tanking Faster than Bitcoin in Market Rout
- Apr 05, 2024 at 11:28 pm
- Bitcoin's recent decline has sparked a widespread crypto sell-off, with Ethereum experiencing a particularly sharp drop, nearly double the rate of Bitcoin's depreciation. This divergence highlights the complex relationship between these two major cryptocurrencies.
- Trader Doubles Down on Bitcoin Bet Against Ethereum, Accumulating $118 Million Position
- Apr 05, 2024 at 11:26 pm
- A trader has increased their bet on Bitcoin outperforming Ethereum by almost $21 million, bringing the total position size to $118 million. This strategy involves depositing wBTC (wrapped Bitcoin) and borrowing Ether through Aave, profiting from declines in Ether's value against Bitcoin. The trader could also be using the borrowed Ether for various purposes like speculation, hedging, or earning interest.
- PEPE Coin Plunges 25% Weekly Amid Market Uncertainty
- Apr 05, 2024 at 11:26 pm
- PEPE coin plunged 4.7% on Friday, marking a fourth consecutive day of losses, resulting in a 24.5% decline over the week. Despite its recent downturn, PEPE remains significantly higher than its年初 price, with holders realizing a 325% profit. Technical analysis indicates a downward momentum for PEPE, with a resistance at 0.00000676 and potential support at 0.00000635.
- Deploy Amazon ElastiCache for Redis clusters using AWS CDK and TypeScript | AWS Database Blog
- Apr 05, 2024 at 11:25 pm
- The AWS Cloud Development Kit (AWS CDK) allows you to create AWS resources with a single line of code. For example, you can create a VPC in TypeScript with the following line:new EC2.Vpc(this, 'cache_vpc');However, several AWS resources require several lines of code because you often need to create supporting resources. For example, you need to create a CfnSubnetGroup and a SecurityGroup before creating an Amazon ElastiCache for Redis CfnReplicationGroup. This abstract demonstrates the steps to deploy an Amazon ElastiCache cluster using AWS CDK and TypeScript. We also show you how to deploy resources using Amazon ElastiCache for Redis Serverless.
- Ethena Labs Paves Way for USDe Expansion with Bitcoin Integration
- Apr 05, 2024 at 11:25 pm
- Ethena Labs, the creator of USDe, has added Bitcoin (BTC) as collateral for its synthetic dollar-pegged stablecoin, aiming to expand significantly from its current $2 billion in circulation. Ethena believes that incorporating Bitcoin will enhance liquidity and create a more secure and stable environment for USDe holders, citing the faster growth rate and better scalability of BTC derivative markets.
- Monochrome Targets Australia's First Spot Bitcoin ETF with Cboe Application
- Apr 05, 2024 at 11:24 pm
- Australian asset manager Monochrome seeks to launch its flagship spot Bitcoin ETFs on Cboe Australia, potentially becoming the country's first Bitcoin fund to directly invest in BTC. Approval from Cboe is expected by June, following ASX's greenlight.
- Ripple's Automated Market Maker Unleashes DeFi Revolution on XRPL
- Apr 05, 2024 at 11:24 pm
- Ripple (XRP) recently launched an automated market maker (AMM) protocol on its XRPL blockchain, enabling decentralized finance capabilities and cross-chain interoperability with over 50 blockchains. Meanwhile, InQubeta (QUBE), aiming to open up investments in artificial intelligence, has surpassed its $10 million presale goal with $13 million raised, potentially outperforming ICOs of established cryptocurrencies like Solana (SOL).