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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 / 03
- DeepBook Unveils Revolutionary Liquidity Solution with DEEP Token Launch
- Apr 03, 2024 at 10:57 pm
- DeepBook, Sui blockchain's native liquidity layer, has launched its DEEP token, catering to institutional and professional traders to boost DeFi liquidity. DEEP token holders enjoy volume-based fees, maker incentives, and governance participation in liquidity pools, supported by DeepBook's on-chain central limit order book. An exclusive NFT, DBClaimNFT, was distributed as a preview for the DEEP token, marking a significant development in the DeFi sector on the Sui network.
- BlockDAG Emerges as a Leading Force in Crypto Innovation and Investment Potential with 20,000% ROI Projection
- Apr 03, 2024 at 10:56 pm
- BlockDAG's advancements, unveiled at the Las Vegas Sphere, have catapulted its projected ROI to a staggering 20,000x, breaking industry records. While The Graph's momentum and Worldcoin's identity verification innovations make waves, BlockDAG's scalable DAG architecture, diverse income streams, and accessible mining options position it as the frontrunner in blockchain evolution and investment potential.
- NFT Market Rebounds, Bitcoin and Solana Charge Ahead
- Apr 03, 2024 at 10:53 pm
- Amidst a recent NFT market downturn, Bitcoin and Solana-based NFT collections have emerged as catalysts for a resurgence. The global NFT market has witnessed a 4.82% growth in trading volume, with Bitcoin NFT collections recording a 17% surge and Solana-based NFTs experiencing a 9.98% increase. Collections like Bitcoin Ordinals, Tensorians, and Mad Lads are leading the recovery, indicating the imminent return of an NFT bull market.
- Turkish Memecoin $IMARO Breaks Ground, Emboldening Local Crypto Community
- Apr 03, 2024 at 10:53 pm
- The newly launched memecoin $IMARO, founded by Turkish blockchain industry leader Metin Redjepi, has rapidly gained market attention since its inception on March 31st. Originating from a viral social media moment during Turkey's local elections, $IMARO's cultural resonance and innovative technology have propelled its value to an all-time-high of $0.0029 per coin on April 2nd, resulting in a total market capitalization exceeding $3 million.
- Goldman Sachs Casts Doubt on Bitcoin's Value Despite Growing Institutional Acceptance
- Apr 03, 2024 at 10:53 pm
- Despite the growing popularity of cryptocurrencies, Goldman Sachs remains unconvinced about Bitcoin (BTC) as an investment asset class. Chief Investment Officer Sharmin Mossavar-Rahmani expresses skepticism about its value, questioning its marketability and lack of client interest. However, the bank has cautiously entered the crypto market, facilitating Bitcoin-linked trades and acknowledging increased client engagement since the approval of ETFs.
- Bitcoin's Stability Resilient as Support Levels Counter Market Pressures
- Apr 03, 2024 at 10:50 pm
- Bitcoin's price has experienced a corrective retracement, with a 9% drop towards $64K. Technical analysis reveals a double-top pattern formation, with support levels at $62K and $59K. However, multiple Fibonacci retracement levels may provide resistance, potentially halting further downward pressure.
- Bitcoin ETFs Hit Record $111 Billion in March, Reshaping Market Landscape
- Apr 03, 2024 at 10:50 pm
- Bitcoin Exchange-Traded Funds (ETFs) surged in popularity during March, with trading volume reaching an impressive $111 billion, nearly tripling the combined volumes of January and February. The increase has been attributed to the launch of new products and a shift in market share towards iShares Bitcoin Trust IBIT. Despite concerns about market stability, the launch of leveraged Bitcoin ETFs like BITU and SBIT indicates a growing appetite for high-risk, high-reward products.
- XRP Bulls Struggle as Bearish Pressure Intensifies; Downside Risks Loom
- Apr 03, 2024 at 10:48 pm
- XRP prices have deviated from broader market trends, exhibiting consolidation within a narrow range throughout March. The asset has faced significant bearish pressure, dropping over 8% to reach levels around $0.58. Despite expectations of a bullish rebound, a bearish heat may be imminent. The price has entered a rising channel, fluctuating between support and resistance levels. Currently, it has reached the lower support of a descending triangle, raising questions about the bulls' ability to trigger a trend reversal. The MACD suggests the possibility of a bullish crossover, but XRP may remain consolidated within the triangle until a sustained bullish breakout.
- Shiba Inu Soars Amid Historic Burn Rate, Unleashing Optimism
- Apr 03, 2024 at 10:47 pm
- Shiba Inu (SHIB) has experienced a bullish rally due to a significant surge in its burn rate, which has sparked optimism for a potential price recovery. In the past 24 hours, the meme coin has witnessed a remarkable increase in token destruction, with a reported 154.99 million SHIB tokens burned, sparking optimism among investors despite recent price corrections in the broader crypto market. However, the surge in burn rate has yet to translate into a substantial price increase, as market weakness and a decline in investor interest have kept SHIB's price subdued.
- Velar Revolutionizes DeFi with Strategic Listings on Major Exchanges
- Apr 03, 2024 at 10:46 pm
- Velar, a DeFi liquidity protocol, announces the official listing of its VELAR token on major platforms, including Bybit, Gate.io, Uniswap, and Velar's Dharma AMM. This milestone marks the convergence of traditional finance and decentralized finance, offering improved accessibility, liquidity, and participation for all users.
- Paradigm: Navigating the Cryptoverse with Smart Investments, Seeking $850 Million
- Apr 03, 2024 at 10:46 pm
- Paradigm, a renowned crypto investment firm, plans to raise $850 million in fresh funding amid Bitcoin's recovery. The firm, which has invested in companies like Optimism, UniSwap, and FTX, aims to attract $750 million or more. This move reflects the resurgence of crypto funding, with over $2.6 billion raised by 448 rounds in Q1 2024. The crypto market capitalization has also increased significantly, with greed prevailing as indicated by the fear and greed index. Despite the recent downturn, certain tokens have performed well, such as Flare (FLR) and Core (CORE).
- Quant Enhances Blockchain Platform and Pricing to Accelerate Enterprise Adoption
- Apr 03, 2024 at 10:45 pm
- Quant, a renowned blockchain specialist in the financial sector, unveils new pricing plans and features tailored for enterprise IT users and developers. The enhancements to Overledger, Quant's blockchain platform, empower project teams, architects, and developers to effortlessly test, build, and deploy interoperable distributed ledger technology, leveraging the trust and reliability garnered by leading financial institutions and corporations.
- Solana Soars Ahead, Outpaces Market with 5% Rally Amidst Meme Coin Presale Mania
- Apr 03, 2024 at 10:44 pm
- Solana surges 5% today, outpacing the market amid ongoing presale excitement. The new Slothana presale has garnered significant attention, raising over $7 million in just one week. Solana's uptrend is supported by favorable price chart patterns and growing network activity, with analysts predicting continued momentum. However, traders should monitor support levels around $184 to maintain a bullish outlook.
- $IMARO: From Meme Sensation to Crypto Phenomenon on Meteoric Rise
- Apr 03, 2024 at 10:44 pm
- In a remarkable feat of growth and community engagement, $IMARO, a memecoin launched by Metin Redjepi, has quickly garnered market attention. Inspired by a viral social media moment during Turkey's local elections, $IMARO has soared in value, reaching a high of $0.0029 per coin, pushing its total market capitalization beyond $3 million. Its success highlights the cultural impact and innovative prowess of Turkish developers, embodying the potential of memecoins to capture the imagination of both financial and social communities.
- Historic Crypto Transaction: $2 Billion in Bitcoins Moved, Stirring Market
- Apr 03, 2024 at 10:43 pm
- On Tuesday, a substantial bitcoin transaction (30,175 BTC) valued at $2 billion occurred, marking one of the largest confiscations and subsequent sales by the U.S. government. The bitcoins' origin stems from the Silk Road seizure in 2022. The transfer to Coinbase, a major cryptocurrency exchange, has sparked concerns among investors about a potential sell-off. Consequently, bitcoin's price experienced a slight decline but has since stabilized, raising questions about the market's stability and the potential impact on bitcoin's value if the seized bitcoins enter the open market.
- Turkish Memecoin $IMARO Skyrockets in Value, Spearheaded by Blockchain Pioneer
- Apr 03, 2024 at 10:43 pm
- The memecoin $IMARO, launched by Turkish blockchain industry leader Metin Redjepi, has garnered attention in the market with its rapid success. Stemming from a viral social media moment during Turkey's local elections, $IMARO has achieved notable success, emphasizing the cultural resonance and innovative technology of Turkish developers.
- Namada Unveils Multi-Phase Mainnet Launch Roadmap, Empowering Community-Driven Blockchain Data Protection
- Apr 03, 2024 at 10:42 pm
- Namada, a Layer-1 data protection project, has unveiled its proposed mainnet launch roadmap. The five-phase plan involves decentralized governance, proof-of-stake, staking rewards, asset shielding, and NAM token transfer enablement. The roadmap aims to bring industry-leading data protection guarantees to multiple blockchain networks and assets, empowering users and developers with control over their personal data.
- 5th Scape Emerges in Virtual Reality's Crypto Arena, as Render and Enjin Surge
- Apr 03, 2024 at 10:40 pm
- Amidst the rising popularity of virtual reality (VR) cryptocurrencies, established tokens like Render (RNDR) and Enjin (ENJ) continue to gain traction. In the spotlight alongside them, presale sensation 5th Scape (5SCAPE) emerges with an ambitious vision, aiming to establish a comprehensive VR and augmented reality ecosystem.
- Bitcoin Halving Looms: Market Impact and Cryptocurrencies to Watch
- Apr 03, 2024 at 10:40 pm
- The highly anticipated Bitcoin halving is poised to occur on April 20th, promising significant implications for the crypto market. This event, occurring every four years, will halve the reward for mining new Bitcoin blocks, potentially driving up demand and prices in the aftermath. This article explores five coins that could surge in the wake of the halving, including Bitcoin (BTC), Bitcoin Minetrix (BTCMTX), Ethereum (ETH), Binance Coin (BNB), and Litecoin (LTC).
- Crypto Community Rallies for Dedicated Bitcoin Emoji, Breaking 10K Signatures
- Apr 03, 2024 at 10:39 pm
- Leading crypto organizations, spearheaded by Nexo, are spearheading a campaign advocating for a dedicated Bitcoin emoji. The "Bitcoin Deserves an Emoji" movement seeks 50,000 signatures to present to the Unicode Consortium, highlighting the crypto community's strength and Bitcoin's cultural and technological significance. The petition has garnered over 10,000 signatures within its first week, aiming for a swifter victory compared to other famous emoji campaigns.