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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
- Solana Suffers Massive Long Liquidations, Signaling Market Downturn
- Apr 04, 2024 at 12:00 pm
- On April 2nd, Solana (SOL) experienced a surge in long liquidations totaling $11 million, reaching a two-week high. This increase coincides with a decline in futures open interest and funding rate since the start of the month, indicating waning demand for long positions and potential weakening bullish momentum. Additionally, social activity and dominance have decreased by significant percentages, suggesting less engagement and potential bearish sentiment in the market.
- BlockDAG V2's Whitepaper Fuels Investor Frenzy in Crypto Presales 2024
- Apr 04, 2024 at 12:00 pm
- Despite Cardano's impressive price surge and KangaMoon's notable presale success, BlockDAG Network's $12.4 million presale triumph has propelled it to the forefront of Crypto Presales 2024. Its technical whitepaper release has sparked investor interest, predicting a remarkable 20,000x ROI potential. With its ambitious milestones and innovative BDAG coin, BlockDAG offers an unprecedented investment opportunity, positioned as the standout in the crypto presale landscape.
- BlockDAG Emerges as Cryptocurrency Frontier Amidst Injective and Uniswap's Bull Run
- Apr 04, 2024 at 12:00 pm
- In a rapidly evolving crypto market, Injective (INJ) and Uniswap exhibit bullish trends, while BlockDAG coin emerges as a promising investment opportunity. BlockDAG's impressive $12.4 million fundraising and innovative mining solutions have drawn attention, promising high returns through its presale and mobile mining convenience. With a clear roadmap and aspirations for a $600 million valuation, BlockDAG positions itself as a compelling choice for investors seeking growth potential.
- Crypto Collapse: Sam Bankman-Fried's Hubris Leads to FTX's Downfall and 25-Year Sentence
- Apr 04, 2024 at 11:59 am
- Sam Bankman-Fried, the former CEO of FTX, once reigned as a visionary in the cryptocurrency industry. His exchange, once valued at $32 billion, crashed due to an $8 billion deficit caused by mass withdrawals. Bankman-Fried's rise involved a shift from animal welfare activism to cryptocurrency, where he co-founded Alameda Research and later founded FTX. Influenced by utilitarianism, he used FTX as a platform for high-profile donations, believing they would shape legislation favorable to the cryptocurrency industry.
- Bitcoin Futures Fund Rates Hint at Price Correction, Creating Buying Opportunities
- Apr 04, 2024 at 11:58 am
- Bitcoin futures funding rates, signaling a potential price correction, could provide "prime buying opportunities," analysts suggest. Record-high positive funding rates indicate "strong bullish sentiment," but historically, such optimism often precedes price drops. Meanwhile, a rising Coinbase Premium suggests active Bitcoin buying by U.S. institutions.
- Meme Tokens Soar in Bull Run, Binance Jumps on the Bandwagon
- Apr 04, 2024 at 11:57 am
- Amid the current crypto bull run, meme tokens are witnessing a surge in popularity, with AI Pepe King (AIpepe) experiencing a 5,000% increase in trade price within 30 days. Despite the lack of utility, these tokens are attracting significant attention, with even major exchanges like Binance and BNBchain supporting the trend by launching meme coin challenges and offering rewards to developers. However, investors are advised to exercise caution, as the meme token craze has also attracted scammers who promote sketchy presales and disappear with investors' funds.
- Garena Free Fire Max Elevates Gaming to New Heights with Enhanced Rewards and Action
- Apr 04, 2024 at 11:57 am
- Garena Free Fire MAX, a popular battle royale game in India, offers daily redemption codes that provide various rewards and perks to players. These 12-character alphanumeric codes unlock exciting in-game items, strategic advantages, and unique skins. The codes can be redeemed on the Rewards Redemption website using your Garena account. Guest accounts are ineligible, and the rewards are credited within 24 hours.
- Wormhole Unveils Expansive Roadmap, Releases $W Token, Sparking Market Fluctuations
- Apr 04, 2024 at 11:49 am
- The W token, associated with the cross-chain protocol Wormhole, debuted on Wednesday with an initial price surge to $1.66, followed by a substantial decline. Currently, W has stabilized at $1.31, reflecting a significant 20% drop within a day.
- AI Pepe King Token Soars by 5,000%, Highlighting Meme Token Frenzy
- Apr 04, 2024 at 11:45 am
- The trade price of AI Pepe King (AIpepe) token has soared by almost 5,000% in the past 30 days, reflecting the surging popularity of meme tokens. However, concerns arise over the potential for scams and the lack of real-world utility for these tokens, as evidenced by recent incidents of investors losing substantial funds. Despite these concerns, major crypto exchanges like Binance continue to support the meme token trend, offering incentives to developers to create new tokens on their platforms.
- Trending Cryptos: A Gateway to Lucrative Returns
- Apr 04, 2024 at 11:44 am
- The cryptocurrency market presents both challenges and opportunities for investors, with established projects offering security and trending cryptos providing potential for high returns. Over 20% of investors have achieved returns exceeding 500%, highlighting the potential for significant gains. This article explores three trending cryptos poised for growth: Scorpion Casino (SCORP) with its daily passive income model, Livepeer (LPT) focusing on decentralized video streaming, and Shiba Inu (SHIB), a popular meme coin. By examining their features and technologies, we identify potential investment opportunities to capitalize on in the crypto market.
- Countdown to Bitcoin Halving 2024: Market Poised for Major Price Shifts
- Apr 04, 2024 at 11:40 am
- In anticipation of Bitcoin's 2024 halving, this article examines the potential implications for the crypto market by analyzing past halving events. Bitcoin's previous halvings in 2012, 2016, and 2020 have historically preceded significant price rallies, corrections, and subsequent bull runs, accompanied by heightened volatility and increased institutional interest. As the block reward halves to 3,125 BTC, investors eagerly await the unfolding narrative, mindful of the potential volatility and transformative impact of this pivotal event.
- Altcoins Nosedive below Moving Averages, Pointing to Extended Crypto Market Bearishness
- Apr 04, 2024 at 11:40 am
- Several altcoins, including KuCoin Token (KCS), T Bittensor (TAO), Conflux (CFX), Akash Network (AKT), and Monero (XMR), have experienced a downtrend and fallen below their moving average lines. Despite the recent altcoin rally, the market has shifted into a bearish trend, with key indicators facing resistance and rejection, leading to declines in the values of these cryptocurrencies.
- Lido DAO: Revolutionizing ETH Staking with Liquid Solution and Community Governance
- Apr 04, 2024 at 11:35 am
- Lido Dao Price Prediction: Lido Dao, a DeFi platform offering liquid staking for Ethereum, shows mixed signals. Market data is neutral, while technical recommendations suggest selling. Crowd sentiment is partially bearish, with lower social media buzz but steady sentiment. Lido Dao Price Prediction for 2024-2030 projects an optimistic outlook, with predictions ranging from $5.31 in 2024 to $36.3 in 2030. However, it's crucial to note that predictions may not align with actual performance, and investors should conduct thorough research before making investment decisions.
- Bitcoin Stalls at Resistance, Faces Risk of Further Drop
- Apr 04, 2024 at 11:25 am
- Bitcoin price has encountered resistance at $67,000, leading to a bearish momentum with a potential break below $64,500. The price is facing hurdles near $66,500 and $67,000, trading below $67,000 and the 100 hourly Simple moving average. A bearish trend line forms near $66,400, indicating a risk of downside movement, with support levels at $65,200 and $64,500.
- Litecoin Soars Past $90 Resistance, Signaling Bullish Shift
- Apr 04, 2024 at 11:18 am
- Litecoin experiences an upswing, surpassing the $90 resistance mark against USD. Trading above $95 and the 55 SMA, it faces a bullish trend line with support at $97.40. A surge in momentum is possible if it breaks through the $103.20 and $105 resistance levels.
- Tether's Bitcoin Acquisition Elevates Its Status as Cryptocurrency Heavyweight
- Apr 04, 2024 at 11:12 am
- Tether, renowned for its stablecoin USDT, has strategically expanded its Bitcoin holdings to approximately $618 million worth, elevating its position as a prominent player in the cryptocurrency market. With this significant investment, Tether joins the ranks of major Bitcoin holders globally, with a substantial stash of nearly 75,354 BTC. This move underscores Tether's commitment to diversification and its unwavering belief in the long-term value of digital assets.
- Unveiling the Secrets of Immutable Airdrops: A Comprehensive Navigator
- Apr 04, 2024 at 11:09 am
- Immutable Airdrops present an opportunity to acquire free tokens and engage with novel blockchain initiatives. They have evolved from their early purpose of distributing tokens to early adopters and now serve diverse objectives, including incentivizing user engagement, recognizing community dedication, introducing new features, and enhancing decentralized governance. Modern airdrops encompass various types, such as utility, governance, staking, NFT, and community engagement airdrops. As the crypto industry continues to evolve, airdrops are expected to witness increased regulatory attention, deeper integration with DeFi, personalization, and cross-chain capabilities while embracing eco-friendly approaches.
- Base Emerges as Crypto Whales' Playground, Sparking Memecoin Frenzy
- Apr 04, 2024 at 11:07 am
- Coinbase's Ethereum-adjacent blockchain, Base, officially launched to the public today, but crypto whales have been actively trading high-risk tokens on Base and other blockchains for days. According to Nansen, 22 prominent depositors on Base hold significant positions in tokens such as ARB, RLB, BALD, TOSHI, and various memecoins. These whales have bridged over 100 ETH each to Base, with some wallets dating back to 2017 and others created recently.
- Bitcoin Struggles to Break Barriers as Resistance Blocks Recovery
- Apr 04, 2024 at 11:07 am
- Bitcoin’s price struggles to recover above $67,000, encountering resistance around $66,500 and $67,000. If it closes below $64,500, BTC may experience further downward momentum, targeting supports at $65,200 and $64,000. However, if it manages to break above $66,600, the path toward $67,950 and $68,750 resistances opens up.
- Presale Projects Primed for Explosive Surge in April 2024
- Apr 04, 2024 at 11:06 am
- The crypto market is experiencing a resurgence, with meme coins like Doge 20 ($DOGE20), Slothana ($SLOTH), Sponge V2 ($SPONGEV2), Smog ($SMOG), and 5th Scape ($5SCAPE) exhibiting exceptional potential for explosive growth. These tokens offer unique features and have garnered strong community support, positioning them for substantial gains of up to 50x or more.