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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- NOWPayments Reports Surge in Stablecoin Popularity on Its Platform
- Apr 05, 2024 at 12:00 pm
- NOWPayments, a prominent cryptocurrency payment gateway, reports notable trends in stablecoin usage on its platform. Their recent analysis reveals the dominance of stablecoins on TRON and Ethereum, with USDTSOL emerging as the preferred choice, accounting for 85.9% of payments excluding these leading networks. USDTARB and USDTOP follow in popularity, capturing 10.28% and 3.82% market share respectively. This study highlights NOWPayments' commitment to providing cutting-edge solutions and adapting to evolving market preferences.
- Cryptocurrency Market on the Move: Dogecoin Surges, Flow Crypto Shows Resilience, and BlockDAG Unveils Smart Contract Innovation
- Apr 05, 2024 at 12:00 pm
- Dogecoin and Flow crypto have witnessed significant market surges, reflecting a changing cryptocurrency landscape. Amid these shifts, BlockDAG's innovative platform simplifies smart contract creation, attracting meme coin developers and setting the stage for a potential return on investment benchmark. This growth potential showcases the expanding horizon of cryptocurrency innovations, with each development contributing to the redefinition of digital finance's future.
- Lucknow Rolls Out Token System to Beat Heat During Elections
- Apr 05, 2024 at 11:56 am
- Amidst a predicted heatwave, the Lucknow Municipal Corporation (LMC) proposes a token system for voters to mitigate long queues at polling booths. The tokens will streamline wait times, providing waiting areas with shades, parking, and drinking water facilities. This initiative, similar to one implemented in Jharkhand by the Election Commission of India (ECI), aims to enhance voting comfort, particularly for vulnerable populations, and will be presented to the ECI on Friday.
- Lucknow Municipal Corporation Plans Token System and Enhanced Facilities for Comfortable Voting Amidst Heatwave
- Apr 05, 2024 at 11:50 am
- In preparation for the anticipated heatwave during the Lucknow by-election on May 20, the Lucknow Municipal Corporation (LMC) proposes to implement a token system at polling stations to mitigate long queues. The initiative, similar to one used in Jharkhand's 2019 Lok Sabha election, involves issuing tokens to voters, allowing them to wait in designated shaded seating areas with drinking water facilities until their turn to cast their vote.
- Coinbase Partners with Lightspark to Bring Lightning Network to Customers
- Apr 05, 2024 at 11:45 am
- Coinbase's partnership with Lightspark brings the Lightning Network to its customers, enabling instant and low-cost Bitcoin transfers. Lightspark's infrastructure and AI-driven optimization enhance liquidity, routing, and transaction success rates. The integration aims to increase network usage, expand payment use cases, and contribute to Coinbase's mission of financial efficiency.
- Unlock 10x Profits in 2024: Invest in Real World Asset Altcoins
- Apr 05, 2024 at 11:38 am
- In 2024, Altcoin RWA, cryptocurrencies backed by real-world assets, are poised for significant growth, with potential profits of up to 10 times for discerning investors. These altcoins offer stability and diversification, with use cases in real estate, precious metals, and artwork. Several factors, including increasing blockchain adoption, supportive regulations, and practical applications, contribute to their bullish outlook.
- Crypto Market Plunges Amidst Rising Volatility, Investor Caution
- Apr 05, 2024 at 11:33 am
- Amidst market volatility, Bitcoin and other cryptocurrencies experienced price fluctuations. IOTA, after a surge to $0.4210, has since dropped to $0.3018. Polkadot, too, has faced downward pressure, falling below $9.61. Pi Coin, yet to be listed publicly, has witnessed a controversial listing of the Pi token, with its value plummeting below $40.
- Bitcoin Cash Soars Past $620, Eyes Higher Targets
- Apr 05, 2024 at 11:28 am
- Bitcoin Cash (BCH) has surged past critical resistance levels, trading above $600 and the 55-day simple moving average. The bullish trend is supported by a key trend line with support at $625. A break above $695 and $700 could lead to further gains, while support lies at $625 and $600. Technical indicators point to bullish momentum, reinforcing the potential for continued upward movement.
- Meme Coins Stumble as Market Sentiment Shifts
- Apr 05, 2024 at 11:18 am
- The cryptocurrency market has been experiencing a downturn, and meme coins have been particularly hard hit. Solana-based Dogwifhat (WIF) has dropped by double digits overnight, while Dogecoin (DOGE), Floki Inu (FLOKI), and BONK have also declined. Only Shiba Inu (SHIB) has remained flat.
- Bitcoin Exodus from Exchanges: A Bullish Omen for Crypto Market
- Apr 05, 2024 at 11:13 am
- In recent years, on-chain data reveals a decreasing amount of Bitcoin (BTC) held on crypto exchanges, reaching a six-year low. This trend suggests a decline in liquid supply and increased institutional and retail adoption, potentially leading to higher prices. The decline in exchange reserves and rise in Bitcoin ETFs have shifted the market dynamics, indicating a positive outlook for Bitcoin's future performance and price trajectory.
- Is it true that Safe Cracker Charly is the one who committed the crime?
- Apr 05, 2024 at 11:12 am
- Inspired by a real-life robbery and underworld conflicts, "Crooks" follows the adventure of a charismatic duo through three European cities. The plot centers on the pursuit of an 18th-century gold coin, involving a Berlin crime family and a cunning group of criminals from Marseille. Despite maintaining a thrilling tone, the series incorporates humor and whimsical settings, creating an engaging crime story with credible characters and an intriguing narrative.
- BNB's Dismal Outlook: Negative Funding Rates and Bearish Sentiment Hint at Looming Downturn
- Apr 05, 2024 at 11:12 am
- As the cryptocurrency market remains in flux, Binance Coin (BNB) has come under scrutiny due to negative funding rates in its futures market. This indicates increased short positions, suggesting traders anticipate a decline in BNB's value. Spot market indicators also align with this sentiment, showing selling pressure and a potential downward trajectory.
- Bitcoin Poised for Recovery as $66.5k Resistance Breaks
- Apr 05, 2024 at 11:09 am
- Bitcoin aims to recover, attempting to surpass the $66,500 resistance. Overcoming $70,000 remains crucial for continued growth. BTC faces hurdles near $69,500 and $70,000 levels. It trades above $67,000 and the 100 hourly SMA. An hourly chart uptrend breakout occurred, but price consolidation suggests caution. Immediate resistance lies at $68,250, with major resistance at $70,000. Failure to surpass $69,350 could trigger a decline towards $66,400 and potentially $65,500.
- Finch Breaks Toss Losing Streak, Escapes World Cup Curse
- Apr 05, 2024 at 11:07 am
- Aaron Finch ended a run of five consecutive lost tosses in the Cricket World Cup by winning the toss against Bangladesh. Finch's run of losses was one shy of the record six straight lost by Darren Sammy in the 2011 tournament. Australia, who made three changes to their side, will bat first after Finch chose to do so. Finch's poor run of luck at the toss mirrors that of Tim Paine in Tests, who won just two of his first nine tosses as captain.
- Binance Suspends Bitcoin NFT Support Amidst Growing Ordinals Market
- Apr 05, 2024 at 11:05 am
- Binance is discontinuing support for Bitcoin NFTs on its platform, citing a streamlining of product offerings. The decision comes as a surprise given the recent surge in interest in Ordinals, with users paying over $430 million in Ordinal fees to date. Binance will cease support for trading and deposits of Bitcoin NFTs by April 18th, and users are urged to withdraw their NFTs before May 18th.
- Ark Invest Trims Coinbase Stake Amid Market Volatility
- Apr 05, 2024 at 11:03 am
- On Thursday, Cathie Wood-led Ark Invest surprised the market by selling shares of Coinbase Global Inc. (COIN), despite the stock's positive performance. The sale, amounting to approximately $6.4 million, included 22,690 shares from Ark Fintech Innovation ETF (ARKK) and 2,972 shares from ARK Next Generation Internet ETF (ARKW). This move contradicts Oppenheimer's recent share price target increase for Coinbase, raising questions about Ark Invest's strategy.
- Ark Invest Dumps Coinbase Shares Amid Market Volatility
- Apr 05, 2024 at 11:03 am
- Cathie Wood's Ark Invest sold Coinbase shares despite the stock's rise on Thursday. The move surprised many as major cryptocurrencies traded mixed, with Bitcoin gaining and Ethereum dipping. Ark Fintech Innovation ETF (ARKF) sold 22,690 shares, while ARK Next Generation Internet ETF (ARKW) sold 2,972 shares, a trade valued at $6.4 million.
- Ripple Enters Stablecoin Market Amidst Volatility and Competition
- Apr 05, 2024 at 11:01 am
- Ripple, the payment company, is entering the competitive stablecoin market with its upcoming US dollar-pegged digital currency. The move positions Ripple to compete with established giants like Tether and Circle, targeting the growing demand for stable digital assets. Despite facing competition, Ripple is confident in its regulatory compliance and global licensing to differentiate its stablecoin as a reliable alternative.
- Notcoin Prepares to Unveil NOT Token Amidst Crypto Market Speculation
- Apr 05, 2024 at 11:01 am
- Notcoin, a popular mobile game with over 35 million players, is set to launch its NOT token on April 20th, coinciding with the highly anticipated Bitcoin halving event. This strategic move aims to capitalize on the expected surge in the crypto market and attract investors. The token launch was initially scheduled for March but has been delayed multiple times, raising concerns among the community. However, Notcoin has offered players the opportunity to benefit from the future value of NOT tokens through pre-market NFT voucher trading.
- Bitcoin's Bearish Horizon: Potential Correction and Accumulation Window Approaching
- Apr 05, 2024 at 11:00 am
- Bitcoin remains under bearish pressure in the short term, hinting at a potential downward correction. A weekly imbalance from $59,111 to $53,120 provides an ideal accumulation zone. On-chain data supports this view, with short-term holders accumulating 1.12 million BTC since late December 2023. However, a recovery above the April candlestick open of $71,378 could invalidate the bearish outlook and lead to a new all-time high.