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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
- Persistent Gender Gap in Cryptocurrency Investment: Uncovering Factors Beyond Assumptions
- Apr 03, 2024 at 06:07 pm
- Despite the recent rise in the crypto market, women remain significantly less likely to own or invest in cryptocurrencies than men. The Motley Fool Ascent's 2024 Cryptocurrency Investor Trends Survey reveals that almost half of all surveyed women are very unlikely to invest, with another 23% being somewhat unlikely. Concerns about complexity, lack of understanding of potential uses, and security worries contribute to this gender gap, highlighting a need for further education and accessible investment options to make the crypto realm more inclusive.
- US government reportedly moves Bitcoin seized from Silk Road, sparking sale speculation By Investing.com
- Apr 03, 2024 at 06:07 pm
- On Tuesday, a US government-controlled account associated with confiscated Bitcoin from the Silk Road marketplace executed several transactions, transferring around $131 million to Coinbase. This activity suggests a potential upcoming sale of the digital assets, as the account previously held nearly $2 billion in Bitcoin.
- Skate: Unifying the Fragmented Web3 Landscape with Universal Application Layer
- Apr 03, 2024 at 06:06 pm
- Skate, a universal application layer, has been launched to enhance web3 efficiency by resolving application fragmentation. Backed by industry leaders like EigenLayer, Polygon, and Galxe, Skate utilizes an intent-centric model to empower applications to operate seamlessly across thousands of chains. By unifying deployment and maintenance in a shared pool, Skate simplifies access to diverse chains and fosters a modular future for web3.
- HashKey Group, Wanxiang's Blockchain Unit, Raises $360M Blockchain Fund
- Apr 03, 2024 at 06:06 pm
- Hong Kong-based HashKey Group, a subsidiary of Wanxiang Group, has secured $360 million for its new blockchain fund. The fund will invest in Asian startups, early-stage companies, and liquid tokens across the blockchain spectrum, with a focus on harnessing the technology's potential in business and consumer applications. HashKey Group has previously invested in notable blockchain projects such as Polkadot, BlockFi, Terra, and Animoca Brands.
- Unlock Profitable Trading with RBN-AEVO Convergence: BitMEX Alpha's Exclusive Analysis
- Apr 03, 2024 at 06:06 pm
- The RBN and AEVO Convergence Opportunity: As RBN and AEVO, tokens from Ribbon Finance and Aevo, are set to become convertible 1:1 in May 2024, their prices should gradually converge. Currently trading at 1.69 and 3.14 respectively, there are opportunities to long RBN or short AEVO, or both, to capitalize on this convergence. However, factors such as trading fees, potential losses, and liquidation risk need to be considered.
- e.l.f. Soars in Personal Care Earnings Season, Outshining Rivals with Stellar Growth and Ample Guidance
- Apr 03, 2024 at 06:06 pm
- The personal care sector navigated the recently concluded Q4 earnings season with varying results. Amidst economic uncertainties, companies have remained resilient, leveraging the "lipstick effect" to maintain consumer spending. e.l.f. Beauty (ELF) emerged as a standout, exceeding both revenue estimates and full-year guidance. The Honest Company (HNST) also reported a strong quarter, surpassing expectations across key metrics. Conversely, Medifast (MED) and Inter Parfums (IPAR) faced challenges, with revenue declines and earnings shortfalls. USANA Health Sciences (USNA) showed resilience, beating earnings estimates but issuing conservative full-year guidance. These contrasting performances highlight the dynamic nature of the personal care sector.
- Poker Pros Jump on NFT Bandwagon as Skill Gap Shrinks
- Apr 03, 2024 at 06:06 pm
- Poker professionals are increasingly investing in NFTs like CryptoPunks and Bored Apes as a way to diversify their portfolios and generate additional income. These digital collectibles have become status symbols, with values soaring in recent months. As a result, poker players are reducing their game time and allocating more effort to finding and acquiring NFTs.
- Bitcoin's Halving Event Spurs Bullish Price Targets
- Apr 03, 2024 at 06:06 pm
- Bitcoin (BTC-USD) nears a critical juncture with its upcoming halving event in April 2024. This halving will halve block rewards, potentially driving up prices due to supply-demand imbalance. Market analysts predict bullish outcomes, with targets ranging from $120,000 to $337,000. However, caution is advised as Bitcoin's behavior around such events can be volatile, leading to potential "sell the news" scenarios before significant rallies.
- April Altcoin Season 2024: BNB, SOL, and O2T Surge as Innovation and Momentum Fuel Market
- Apr 03, 2024 at 06:05 pm
- As April Altcoin Season 2024 blossoms, Binance (BNB), Solana (SOL), and newcomer Option2Trade (O2T) emerge as market favorites. BNB's versatility and ecosystem dominance, SOL's lightning-fast blockchain and DeFi advancements, and O2T's 1000x presale token with AI-driven trading ignite interest and position them as key players in a season brimming with potential and excitement.
- Octoblock's cFyF Tech Shatters DeFi Barriers in 2024
- Apr 03, 2024 at 06:05 pm
- Octoblock's innovative cFyF technology is poised to revolutionize DeFi in 2024. By leveraging the collective power of users, cFyF enhances profitability through communal yield pooling, leveling the playing field for all participants. Octoblock's multifaceted platform seamlessly integrates DeFi principles with Game-Fi mechanics, offering users a comprehensive suite of features that empower them to take control of their financial journey.
- Ethena Labs Delivers Landmark $450M ENA Token Airdrop
- Apr 03, 2024 at 06:05 pm
- Ethena Labs' recent airdrop event distributed $450 million in ENA tokens, with the largest allocation ($1.96 million) going to wallet 0xb56. The token was listed on major exchanges like Binance and Bybit but saw a 15% decline in value within 24 hours. Ethena Labs has also launched the USDe synthetic dollar on mainnet, becoming the top-earning DApp, and has recently been featured for farming on Binance's launch pool.
- Beam Global to Showcase Leadership in Clean Energy Revolution at LD Micro Invitational XIV 2024
- Apr 03, 2024 at 06:05 pm
- Beam Global, a leading provider of clean energy and transportation solutions, announced Chief Executive Officer Desmond Wheatley will present at the LD Micro Invitational XIV 2024 conference in New York City, highlighting the company's latest advancements in electrification and energy security infrastructure.
- Asian Bitcoin Market Swings Amid Volatility Fueled by ETF Data and Algorithmic Trading
- Apr 03, 2024 at 06:04 pm
- Asian Bitcoin investors are bracing for volatile price movements as algorithmic trading bots respond to data from US exchange-traded funds (ETFs). This dynamic is exemplified by Bitcoin's recent decline during Asian trading hours, driven by outflows from these ETFs. Algorithmic bots capitalize on this flow data, executing buy and sell orders automatically. This has come to the forefront with the launch of several Bitcoin ETFs in the US, attracting significant inflows but also experiencing outflows, contributing to Bitcoin's recent 10% value decrease.
- Flow Soars Amid Market Recovery, Poised for Further Growth
- Apr 03, 2024 at 06:04 pm
- Flow's price surge continues today, rising 3.47% against the US Dollar. Against Bitcoin (BTC) and Ethereum (ETH), Flow has also recorded gains of 2.80% and 3.32%, respectively. Despite being 21.72% below our April 2024 prediction, Flow's price has increased 24.84% over the past year. Our Flow price prediction indicates the possibility of a 30.04% increase to $1.54 within the next five days.
- sCrypt Hackathon 2024: Jake Jones Explores Teranode, Overlays, and the Blockchain Mandala
- Apr 03, 2024 at 06:03 pm
- Jake Jones, Head of Infrastructure at the BSV Association, presented on the Teranode protocol upgrade at the recent sCrypt Hackathon 2024 in San Francisco. His talk explored Teranode's role in enabling efficient data management and transaction processing on the blockchain through its innovative layering approach. Jones emphasized the power of Teranode to unlock new use cases and enhance the scalability and functionality of the BSV blockchain.
- US Government Unveils $2 Billion Silk Road Bitcoin Sale
- Apr 03, 2024 at 06:03 pm
- On-chain data reveals a 0.001 BTC test transaction from a $2 billion cache of Bitcoin once associated with the Silk Road marketplace. The transaction indicates potential preparation for sale on Coinbase, matching past government practices of converting seized cryptocurrencies. The sale could significantly impact the Bitcoin price due to its substantial value, attracting attention from market participants who speculate on potential market reactions and the government's next moves.
- Octoblock: A DeFi Revolution Rivaling Ethereum and Solana
- Apr 03, 2024 at 06:02 pm
- Octoblock, a DeFi protocol, boasts strategic initiatives and features akin to Ethereum and Solana, positioning it as a trailblazer in the DeFi arena. Its Nautilus Trove strategy combines revenue-generating products and DeFi strategies, with 45% of profits distributed to OCTO holders via airdrops. Octoblock's cFyF (Crowd Funded Yield Farming) mechanism enables users to pool resources for higher returns, while the Coral Cove platform facilitates cross-chain asset swapping and bridging, simplifying financial operations.
- NFT Lending: A Path to Liquidity and Borrowing in the Cryptosphere
- Apr 03, 2024 at 06:02 pm
- NFT lending empowers holders to access liquidity, leverage borrowing, and diversify portfolios by securing loans backed by their digital collectibles. It has gained traction as NFTs' unique nature restricts their utility in other DeFi sectors. However, this innovative financing option also presents risks, including price volatility, regulatory ambiguity, and varying lending mechanisms, such as peer-to-peer, peer-to-protocol, nonfungible debt position, and NFT rentals.
- Three Altcoins Rule the Market: Gala, Bitcoin Dominate, KangaMoon Emerges as Explosive Investment Opportunity
- Apr 03, 2024 at 06:02 pm
- In the current market, Gala (GALA) and Bitcoin (BTC) have exhibited significant price increases, with GALA surging 57.6% YTD and BTC soaring 144%. Experts are bullish on both cryptocurrencies, anticipating their continued dominance. However, the spotlight has shifted to KangaMoon (KANG), a new meme coin poised for explosive growth due to its unique Social-Fi and Play-to-Earn elements. With over 5,800 holders and a community of 20,000, KANG is poised to explode by 5,000%, making it a top investment choice among the bullish GALA and BTC.
- Nigerians Embrace the Crypto Revolution: A Step-by-Step Guide to Acquiring Bitcoin
- Apr 03, 2024 at 06:01 pm
- In Nigeria, buying Bitcoin is now more convenient thanks to the influx of reliable cryptocurrency exchanges catering specifically to Nigerian customers. Amidst economic uncertainties, many Nigerians are turning to digital assets like Bitcoin as a savvy investment and store of value. However, navigating through the plethora of exchange options can be overwhelming. This article presents a comprehensive guide to the top 7 exchanges for purchasing Bitcoin in Nigeria, evaluating them based on fees, payment methods, security, reputation, and other crucial factors.