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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 / 04- Cryptocurrency Market Primed for Growth with Promising Layer-2 Projects
- Apr 04, 2024 at 11:21 pm
- Amidst the crypto market's volatility, three layer-2 projects emerge with promising growth potential. BlastUP, a cutting-edge launchpad integrated into the Blast ecosystem, offers exclusive perks for startups and token holders, boasting $4 million in raised funds within weeks. Polygon (MATIC) navigates uncertain market conditions, while Cosmos (ATOM) balances uptrends and downtrends. However, BlastUP stands out due to its innovative concept and ecosystem benefits, positioning it for significant gains as the bull market continues.
- Bitcoin Innovation and Development Surge Highlights Growing Ecosystem
- Apr 04, 2024 at 11:20 pm
- In recent years, Bitcoin innovation has witnessed a resurgence driven by advancements such as Ordinals (NFTs), BRC-20 and Runes (token standards), and Bitcoin layer 2 solutions. This has catapulted Bitcoin's market share in NFT trading, surpassing Ethereum. Notably, Ordinals have experienced a surge in trading volume, with multiple collections gaining dominance in terms of volume and market capitalization.
- Proactive: Empowering Investors with Unbiased, Insightful Financial News
- Apr 04, 2024 at 11:19 pm
- William Farrington, a seasoned journalist and researcher, joined Proactive Investors after stints in global legal and fintech reporting. With a first-class honours degree in journalism and media from Birkbeck University and an MA in creative and critical writing, William brings a wealth of experience to the Proactive news team.
- Bitcoin ETFs See Record Inflows, Reflecting Institutional Adoption of Crypto
- Apr 04, 2024 at 11:18 pm
- Bitcoin ETFs have witnessed a remarkable 283% surge in net inflows within 24 hours, with a total of $113 million flowing into Bitcoin spot ETFs. Fidelity's FBTC led the charge with a daily net inflow of $116 million, followed by BlackRock's IBIT with $42.03 million. This surge in investor activity follows a $40.2 million net inflow reported a day earlier and reflects the growing institutionalization of cryptocurrency investments, with major financial institutions like Morgan Stanley and UBS entering the market.
- Spartanburg's Past Uncovered: 63-Year-Old Time Capsule Unveils Lost Treasures
- Apr 04, 2024 at 11:16 pm
- On Wednesday, after 63 years of being sealed within the cornerstone of the former City Hall in Spartanburg, South Carolina, a time capsule containing various artifacts from 1960 was finally opened. The capsule's contents, including newspapers, coins, and city directories, provided a historical glimpse into the city's past and sparked memories among attendees. City leaders intend to create a new time capsule for future generations to be placed in the new municipal building expected to be completed by 2026.
- Binance Coin's Bull Run Hits Crossroads: Technicals Hint at Potential Downturn
- Apr 04, 2024 at 11:15 pm
- As Binance Coin (BNB) faces a potential shift in market sentiment, analysts are closely monitoring the cryptocurrency's dwindling transaction volumes and technical patterns. The decline in daily transactions and the emergence of a bearish EMA cross indicate a potential correction phase. A break below the critical support level of $507 could trigger a further price drop to $420, while a reversal past $666 may signal a return to a bullish trend.
- R Games Worlds First AI and Gaming token is set to Launch on Top E…
- Apr 04, 2024 at 11:15 pm
- R Games, an innovative gaming platform integrating AI and GameFi, is preparing for the highly anticipated listing of its native token, $RGAME. Built on the Binance Smart Chain (BSC) and Solana Network, R Games offers a dynamic gaming experience, featuring interoperable NFTs, user-generated content capabilities, and AI-integrated designs. With key partnerships and a growing user base, R Games is poised to revolutionize the Web3 gaming ecosystem as it gears up for its Token Generation Event (TGE) on April 8th, 2024.
- Binance NFT to Phase Out Bitcoin NFTs: Users Urged to Withdraw by May 2024
- Apr 04, 2024 at 11:12 pm
- Effective April 18, 2024, Binance NFT will cease support for Bitcoin NFT transactions. Users must withdraw their Bitcoin NFTs by May 18, 2024, to avoid disruption. Binance NFT's focus shifts to streamlined services and select NFTs, with Bitcoin NFT support ending and Runestone NFT airdrops and benefits ceasing after April 10, 2024.
- Galaxy Digital Unveils $100M Fund to Fuel Cryptocurrency Startups
- Apr 04, 2024 at 11:11 pm
- Galaxy Digital, a crypto investment firm, plans to raise $100 million for a newly launched fund targeting investments in approximately 30 early-stage cryptocurrency startups. Galaxy Ventures Fund I, LP aims to allocate capital to companies specializing in decentralized finance, infrastructure, and payment solutions, reflecting the fund's broader investment strategy focused on supporting the growth and innovation of the digital asset ecosystem.
- Pushd Presale Ignites Digital Revolution, Attracting Bitcoin and Ethereum Investors
- Apr 04, 2024 at 11:10 pm
- Pushd's upcoming presale has garnered immense attention from Bitcoin and Ethereum investors, who anticipate its revolutionary impact on e-commerce. This blockchain-powered platform aims to transform online shopping, offering enhanced security, empowering users, and streamlining transactions. Leveraging the strengths of Bitcoin's digital currency and Ethereum's smart contract capabilities, Pushd is poised to usher in a new era of decentralized retail, attracting forward-thinking investors seeking to capitalize on the convergence of these established cryptocurrencies in the e-commerce domain.
- AI Revolutionizes Crypto: Render (RNDR), Fetch.ai (FET), Bittensor (TAO) Emerge as AI-Powered Stars
- Apr 04, 2024 at 11:10 pm
- AI-driven crypto assets are gaining momentum alongside Bitcoin. Render Network (RNDR), Fetch.ai (FET), and Bittensor (TAO) are three cutting-edge cryptocurrencies that harness AI technology to revolutionize 3D content creation, decentralized machine learning, and the exchange of AI algorithms. These cryptocurrencies show promise for 2024 as demand for AI-based applications and services increases.
- Franklin Templeton Jumps on the Bitcoin Ordinals Bandwagon: Paradigm Shift in Crypto
- Apr 04, 2024 at 11:10 pm
- Franklin Templeton Digital Assets shares insights on the evolving Bitcoin ecosystem, highlighting the significant role of the Bitcoin Ordinals protocol in fostering innovation. The asset manager provides an overview of the rise of Bitcoin NFTs, the emergence of new fungible token standards, and the growing dominance of Bitcoin within the broader NFT market. It emphasizes the potential risks associated with Ordinals assets, including value depreciation and the absence of bank guarantees.
- Altcoin Trio (BOME, PEPE, NFTFN) Poised to Ignite 2024 Crypto Rally, Analysts Predict
- Apr 04, 2024 at 11:10 pm
- As the crypto market anticipates a transformative 2024, a trio of bold altcoins—BOME, PEPE, and NFTFN—is poised to make significant strides. BOME streamlines NFT trading across multiple chains, PEPE aims to become the決済レール of Solana's flourishing ecosystem, and NFTFN seeks to revolutionize NFTs as a globally recognized asset class. Backed by strong tokenomics, institutional support, and innovative DeFi solutions, these altcoins are predicted to drive the next major alt season rally. Join the NFTFN Presale for exclusive early access to this transformative investment opportunity.
- Coinbase Price Target Soars to $276 Amidst Bullish Crypto Outlook
- Apr 04, 2024 at 11:09 pm
- Oppenheimer raises Coinbase's price target to $276 due to the surge in digital asset adoption following the approval of spot Bitcoin ETFs. The exchange's revenue is expected to increase significantly in the upcoming quarter, driven by a 95% surge in trading volume. However, potential challenges include Coinbase's lawsuit with the SEC and a low probability of a spot Ether ETF being approved in the near future.
- a16z's Push for Uniform DAO Legal Entity Raises Decentralization Concerns
- Apr 04, 2024 at 11:08 pm
- Andreessen Horowitz's (a16z) promotion of Wyoming's DUNA entity for DAOs raises concerns about the potential for venture capital dominance over decentralized organizations. While acknowledging the merits of DUNAs, the author highlights the dangers of prescribing a specific legal structure for all DAOs, arguing that it may stifle innovation and undermine the principles of decentralization. The author questions a16z's assertion that DUNAs provide legal status and tax benefits, suggesting that alternative structures and strategies may be more suitable for non-US-based DAOs.
- BEFE Meme Coin Soars: Factors, Prospects, and Potential Return on a $100 Investment
- Apr 04, 2024 at 11:08 pm
- BEFE, a meme coin with remarkable returns (over 500%), is poised for further growth due to its zero taxes, scarce supply, strong team, and integration with Bitgert. Predictions suggest a substantial increase in value (30.32% in 5 days, 228.96% in 30 days), making it a potential investment opportunity for investors seeking high returns. However, thorough research and due diligence are crucial before investing in any cryptocurrency.
- Institutional Giants Target Direct Bitcoin Purchases from Miners Amid Supply Crunch
- Apr 04, 2024 at 11:07 pm
- Financial institutions are increasingly purchasing Bitcoin directly from major miners like Hut 8 due to supply shortages on centralized exchanges. This surge in direct demand from banks has strained Bitcoin availability on trading platforms and is seen as a sign of the cryptocurrency's growing appeal as an institutional asset class.
- Raiinmaker Secures $7.5M Seed Funding to Power Decentralized AI Revolution
- Apr 04, 2024 at 11:06 pm
- Raiinmaker, a Web3 and AI tech firm, has secured $7.5 million in seed funding ahead of its mainnet launch and native token TGE. The funding round drew participation from notable investors such as Jump Crypto, Cypher Capital, GDA Capital, and others. Raiinmaker's network boasts innovative features including a scalable blockchain architecture, decentralized AI tools, and AI-powered smart contracts.
- HAVAH and Klaytn Partner to Unleash Cross-Chain NFT Connectivity and Enhance Tech
- Apr 04, 2024 at 11:06 pm
- HAVAH and Klaytn announce a strategic partnership centered around the IOK (Ignite on Klaytn) initiative, with HAVAH serving as an NFT bridge on Klaytn and future integrated chains. This collaboration aims to break barriers to blockchain adoption by reducing costs and ensuring instant finality, supported by a planned token exchange and mutual support in areas such as DeFi, RWA, GameFi, and NFT.
- PayPal Enables US Users to Power International Transfers with PayPal USD Stablecoin
- Apr 04, 2024 at 11:06 pm
- PayPal expands its global money transfer services by enabling all U.S. users (excluding Hawaii) to fund transfers using U.S. dollars converted from PayPal's stablecoin, PayPal USD (PYUSD), via its Xoom service. This move allows seamless and fee-free cross-border money transfers to over 160 countries, further enhancing the accessibility and convenience of international payments for PayPal users.