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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 / 02
- Crypto Market Booms as Investors Chase High Returns in GameFi, Layer 2, and Meme Coins
- Apr 02, 2024 at 07:12 pm
- Amidst the cryptocurrency market's fervor for high ROIs, three sectors emerge as top contenders: GameFi, Layer 2 solutions, and meme coins. Scorpion Casino, a GameFi platform, captures attention with its innovative play-to-earn model and $10 million presale, offering daily returns based on casino profits. Mantle (MNT), a Layer 2 blockchain solution, impresses with a 40% surge, driven by optimistic rollups and MNT staking rewards. Meme coins, particularly Solana-based Dogwifhat (WIF), witness an uptick, surpassing Pepecoin and reflecting the market's speculative nature. These sectors offer distinct yet compelling investment opportunities, heating up the race for high ROIs in the crypto market.
- Ethena Labs Launches Governance Token, Announces Massive Airdrop for Eligible USDe Holders
- Apr 02, 2024 at 07:11 pm
- Ethena Labs, a decentralized finance (DeFi) protocol, has launched its governance token ENA with a 750 million token airdrop. The airdrop is available to eligible users who hold Ethena's yield-earning USDe. The airdrop and subsequent token launch on exchanges including Binance and KuCoin follow the "shard campaign," a reward program for early project involvement.
- Essential Market Makers Facilitate Liquidity in Cryptocurrency Exchanges
- Apr 02, 2024 at 07:11 pm
- Market makers play a pivotal role in cryptocurrency markets by providing liquidity. These entities ensure a continuous supply and demand for crypto assets, enabling traders to execute orders quickly and efficiently. Market makers utilize artificial intelligence crypto trading robots to enhance their operations, optimizing liquidity provision in real time. The presence of multiple market makers fosters competition, leading to narrower spreads and increased trade execution success rates.
- Crypto Market Rocked, Bitcoin and Ethereum Down Over 4% Amidst Dollar Surge
- Apr 02, 2024 at 07:10 pm
- The cryptocurrency market has experienced significant volatility, with Bitcoin and Ethereum showcasing substantial price fluctuations. Bitcoin traded at $73,000 at its peak, but has since declined over 5% to $66,010, while Ethereum dropped over 4% to $3,336. Meanwhile, the dollar index rallied to a 4-and-a-half-month high due to a stronger-than-expected US manufacturing PMI report for March.
- UK Court Freezes Assets of Self-Proclaimed 'Satoshi Nakamoto' Craig Wright
- Apr 02, 2024 at 07:10 pm
- In a significant legal development, £6 million of Craig Wright's assets have been frozen by a UK court over unpaid legal fees from a failed lawsuit where he claimed to be Satoshi Nakamoto. This decision follows accusations that Wright transferred assets out of the UK after the court dismissed his claim. Judge James Mellor imposed a global freezing order in response to COPA's request for legal expenses, citing Wright's actions as raising "serious concerns" about his intent to evade costs.
- Cardano Conundrum: Surge in Inflows Amid Performance Scrutiny
- Apr 02, 2024 at 07:10 pm
- Cardano (ADA) has witnessed a significant influx of $1.1 million in investments, signaling growing interest in the cryptocurrency. Despite this positive news, concerns arise regarding ADA's recent underperformance in comparison to its competitors, with year-to-date gains of only 6.40%. Additionally, the percentage of ADA's total supply in profit has declined, and a decrease in the number of wallets holding substantial amounts of ADA raises questions about investor confidence in the cryptocurrency's future prospects.
- Cryptocurrencies: Ushering in Financial Inclusion and Global Acceptance
- Apr 02, 2024 at 07:10 pm
- Cryptocurrencies are gaining traction in everyday finance, with Lugano embracing digital payments. Over 15% of Lugano residents use the city's stablecoin for financial transactions, highlighting the potential for crypto to foster financial inclusion. Global payment companies and corporations are adopting Bitcoin payments, indicating a shift towards broader acceptance.
- Cardano (ADA) & Solana (SOL) Face Volatility, While DeeStream (DST) Prepares to Surpass Expectations in Q2
- Apr 02, 2024 at 07:09 pm
- Amidst market fluctuations, Cardano (ADA) and Solana (SOL) exhibit varying recovery patterns. While ADA's weekly gains are modest, SOL faces resistance at $200. Both projects witness investor migration to DeeStream (DST), an innovative decentralized streaming platform poised to disrupt market leaders with its $160.55 billion market opportunity and first mover advantage. DST's presale at $0.055 per token offers potential investors a unique opportunity to participate in a burgeoning ecosystem with exclusive rewards and influence over the platform's direction.
- Slothana Soars: Meme Coin Sensation Surpasses Boundaries with CEX Launch and Mystery Alliance
- Apr 02, 2024 at 07:09 pm
- Slothana, a sloth-themed meme coin, has raised over $5 million in its presale in just six days, surpassing the total raise of Book of Meme, which recently printed several multimillionaires. Slothana's early success is attributed to FOMO and rumors that its founding team is linked to Smog, a token that soared 100x after launch. The team is considering a CEX launch, which has strong support from the community. With no predetermined hard cap, the presale could end anytime, encouraging potential buyers to act fast to avoid missing out on the potential upside.
- Bitcoin Surges to New Heights, But Crypto VC Investments Slow Down
- Apr 02, 2024 at 07:09 pm
- The cryptocurrency market experienced a positive start to 2023, with Bitcoin closing seven consecutive months with gains, the longest such streak in 13 years. Despite this bullish trend, venture capital investments in crypto remained subdued, registering a 25% increase in Q1 but falling short of the record highs seen in 2021 and 2022.
- Cosmos Price Soars: ATOM Anticipated to Jump 12.88% in Five Days
- Apr 02, 2024 at 07:09 pm
- ATOM is projected to witness a 12.88% surge in value within the next 5 days, reaching $12.71, based on our Cosmos price prediction. However, Cosmos's current market sentiment is bearish, supported by technical indicators indicating a negative outlook. The cryptocurrency market is experiencing Extreme Greed, highlighting investor optimism but potentially signifying market overvaluation.
- Bitcoin Tumbles as Crypto Market Corrects
- Apr 02, 2024 at 07:09 pm
- Bitcoin (BTC) plunged 8% to $66,045, leading a crypto market correction with top altcoins dropping 6-12%. The global crypto market witnessed over $500 million in liquidations in the last 24 hours, with BTC accounting for $138 million. Currently trading below $67,000, BTC faces resistance at $67,300 and support at $66,200. A breakout above $68,800 could lead to a bullish trend towards $70,000, while a drop below $64,800 could trigger a decline towards $62,500.
- BNB Chain Announces Million-Dollar Meme Token Innovation Drive
- Apr 02, 2024 at 07:09 pm
- BNB Chain, the community-driven blockchain ecosystem, has announced its Meme Innovation Campaign, offering up to 1 million USD in rewards to encourage the development of meme coins on BNB Smart Chain (BSC). The campaign aims to accelerate the growth of the meme coin landscape within the ecosystem, empowering builders and developers to create and launch their meme tokens natively on BSC, a platform known for its mature infrastructure, low fees, and vibrant community.
- Scorpion Casino: Crypto Disruptor Spearheading GameFi Revolution
- Apr 02, 2024 at 07:08 pm
- As the crypto space evolves, Scorpion Casino's disruptive potential is evident in its record-breaking presale and Easter promotion. Amidst the rise of ONDO and Internet Computer's technological advancements, Scorpion Casino emerges as a game-changer, fusing gaming and finance with a unique profit-sharing model, promising early backers lucrative returns.
- Coin Tracker and Solana Partner for Enhanced Crypto Tax Reporting
- Apr 02, 2024 at 07:08 pm
- Coin Tracker and Solana have joined forces to offer a seamless experience for cryptocurrency tax reporting and portfolio tracking. Coin Tracker's advanced platform simplifies tax calculation for Solana users, accurately classifying transactions and providing a comprehensive overview of tax liabilities. The partnership extends support to various Solana ecosystem activities, ensuring accurate record-keeping for DeFi, NFT, and token staking. Strategic partnerships with Alchemy and Helius enhance transaction processing and NFT data insights for reliability. Exclusive discounts for the Solana community foster adoption and accessibility. The collaboration has positively impacted SOL valuation, reflecting investor confidence in the enhanced utility and accessibility of Solana's ecosystem.
- Chainlink, Stellar Investors Gear Up for Q2 Bull Run Amid DeeStream's Rise
- Apr 02, 2024 at 07:07 pm
- In Q2, Chainlink (LINK) and Stellar (XLM) investors anticipate market growth and the impact of the Bitcoin halving event. DeeStream (DST), a decentralized streaming platform, emerges as a compelling investment opportunity due to its innovative governance model, bridging the gap between content creators and fans. With its projected market valuation of $247B by 2027, DST offers unparalleled growth potential, attracting investors seeking diversification in the expanding streaming industry.
- sCrypt Hackathon 2024: Tapping into the Data Goldmine Amidst a Maze
- Apr 02, 2024 at 07:07 pm
- The sCrypt Hackathon 2024 session with Kurt Wuckert Jr. focuses on the significance of data and its value. Wuckert emphasizes the challenges of managing data and highlights Bitcoin as a revolutionary communication technology that is often misunderstood.
- Crypto Giants Unite for Official Bitcoin Emoji: "Bitcoin Deserves an Emoji" Campaign Launched
- Apr 02, 2024 at 07:07 pm
- Digital asset lender Nexo has partnered with over 35 leading crypto firms to launch an official Bitcoin emoji initiative. The petition, titled "Bitcoin Deserves an Emoji," aims to collect 50,000 signatures for submission to the Unicode Consortium. The campaign highlights Bitcoin's significant cultural impact, market dominance, and evolution from a niche concept to a mainstream investment asset.
- China's Blockchain Masterstroke: A Digital Silk Road to Dominate Global Trade
- Apr 02, 2024 at 07:07 pm
- China has unveiled plans for a blockchain infrastructure project, the "Ultra-Large Scale Blockchain Infrastructure Platform," aimed at bolstering trade and economic ties across continents. The initiative, powered by Conflux Network, is poised to play a pivotal role in powering the Belt and Road Initiative, China's ambitious global trade network. By integrating blockchain technology into this framework, China aims to revolutionize traditional trade practices, enhance supply chain management, and streamline cross-border transactions.