|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
- Cardano Price Slides Below $0.650, Signaling Bearish Correction
- Apr 02, 2024 at 01:08 pm
- Cardano's (ADA) price has corrected downwards from $0.6840 against the USD, trading below $0.650 and the 55 Simple Moving Average (4 hours). A major bullish trend line with support at $0.6480 was broken on the 4-hour chart. Establishing above the resistance levels of $0.6260 and $0.650 could initiate an upward momentum, with potential targets of $0.6840, $0.720, and $0.750. However, dropping below $0.580 may lead to further declines towards $0.5650 and $0.5250.
- Binance Labs Dumps Massive STEPN Stake, Jittering Market
- Apr 02, 2024 at 01:08 pm
- Binance Labs, the venture capital arm of crypto exchange Binance, has reportedly initiated the transfer of 9.33 million GMT (STEPN) tokens worth around $3 million from its investment portfolio to a Binance Deposit address, signaling a potential sell-off of its holdings in the move-to-earn project.
- Tether's Mammoth Bitcoin Stash Soars Past 75,000 BTC, Skyrocketing Profits
- Apr 02, 2024 at 01:07 pm
- Tether, the issuer of the world's largest stablecoin, USDT, has significantly increased its Bitcoin (BTC) holdings in the first quarter of 2024, adding 8,888 BTC to its treasury. With its current BTC holdings now exceeding 75,000, the stablecoin giant has accrued approximately $3 billion in profits from its BTC investments. This accumulation coincides with the recent bull run in Bitcoin, which has surged in value after the approval of spot BTC ETFs in January. The crypto community eagerly anticipates the upcoming halving event, which could potentially further boost Bitcoin's price.
- Ether's Slow Climb Lags Behind Bitcoin's Meteoric Rise
- Apr 02, 2024 at 01:07 pm
- Cryptocurrency ether continues to lag behind bitcoin, despite recent technical upgrades to its blockchain. Ether's growth this year has been slower than bitcoin's, and it remains below its all-time high. While the approval of U.S. spot ether ETFs could provide a boost, their regulatory status remains uncertain due to ether's role in proof-of-stake blockchains. Despite institutional demand falling short of bitcoin, the technology underlying ether, ethereum, is gaining attention as a potential platform for tokenizing real-world assets.
- RBI Marks 90th Anniversary with Historic Silver Commemorative Coin
- Apr 02, 2024 at 01:07 pm
- To mark the 90th anniversary of the Reserve Bank of India (RBI), Prime Minister Narendra Modi has unveiled a commemorative silver coin worth INR 90. This meticulously crafted coin weighs 40 grams and is composed of 99.9% pure silver, featuring the RBI logo on one side and the denomination on the other. While the estimated market value of the coin is anticipated to be between INR 5200 and 5500, it is expected to become a highly prized item among coin collectors and enthusiasts alike.
- PumpBigPump Presale Crushes $280M, But Dogecoin20 Eyes Dominance
- Apr 02, 2024 at 01:06 pm
- BakerySwap's $280 million presale for PumpBigPump (PUMP) has sparked a surge in meme coin interest. However, analysts and crypto influencers anticipate Dogecoin20 ($DOGE20) could challenge PUMP's profitability. $DOGE20's innovative technology, commitment to upgrading Dogecoin, and Stake-to-Earn system have attracted attention. Its presale has already raised over $10 million, indicating its potential as a standout in the meme coin market.
- OKX Wallet Partners with Moby to Transform Initial Coin Offerings
- Apr 02, 2024 at 01:06 pm
- OKX Wallet has announced its integration with Moby, an ICO platform that emphasizes community participation. This partnership enables eligible OKX Wallet users to seamlessly participate in Moby's launchpad, IDOs, and airdrops directly through the OKX Wallet web extension, offering a self-custodial and secure experience aligned with OKX Wallet's commitment to innovation.
- Bitcoin Dives as Dollar Surges, Manufacturing Data Fuels Fed Rate Hike Odds
- Apr 02, 2024 at 01:06 pm
- Bitcoin's price took a significant hit as the dollar index soared over 105.00, reaching its highest level since mid-November. The decline was exacerbated by strong U.S. factory data that boosted the dollar's value and reduced expectations for a Federal Reserve rate cut in June. The broader crypto market also experienced losses, with ether, Solana's SOL, and Dogecoin suffering notable drops.
- Shiba Inu's Consolidation Hints at Possible Bull Run
- Apr 02, 2024 at 01:06 pm
- Shiba Inu (SHIB) remains in consolidation with uncertain price trends. Avalanche (AVAX) faces economic challenges and potential decline. KangaMoon (KANG), a Play-to-Earn platform, exhibits strong potential and investor interest, boasting a growing community and social interaction incentives.
- Ethena Airdrop: Secure Tokens in DeFi's 2024 Revolution
- Apr 02, 2024 at 01:06 pm
- Emerge yourself in the world of decentralized finance with the Ethena Airdrop, an exceptional opportunity to delve into the innovative Ethena ecosystem. As a pioneer in DeFi, Ethena amalgamates traditional financial mechanisms with blockchain technology, introducing USDe, a groundbreaking synthetic dollar, and solidifying governance through ENA tokens. The airdrop presents an avenue for active participants to acquire a substantial sum of ENA tokens, fostering a more inclusive and expansive DeFi landscape. Whether you are a seasoned enthusiast or a curious explorer, this airdrop offers a clear path to claiming your share of Ethena's promising future.
- China Unveils Blockchain Platform for Belt and Road Initiative, Targets Crypto Regulations
- Apr 02, 2024 at 01:05 pm
- China has launched a public blockchain platform led by the Conflux Network for cross-border applications under the Belt and Road Initiative. The platform aims to provide a foundation for international collaboration and seamless cooperation across borders.
- Solareum Telegram Trading App Shuts Down After $523K Exploit, Leaving Users in the Dark
- Apr 02, 2024 at 01:04 pm
- Solareum, a Telegram trading app for Solana-based tokens, has shut down after a security breach that drained $523,000 from user wallets. The exploit affected over 300 Solana users, and while initial suspicions fell on the BONKbot trading bot, its team denied any security lapse. Solareum later acknowledged the possibility of being exploited and announced its closure, citing a lack of funds, evolving market trends, and the security breach as contributing factors.
- Major Cryptocurrencies Plunge in Bear Market Correction
- Apr 02, 2024 at 01:03 pm
- Major cryptocurrencies took a bearish downturn, with Bitcoin plunging to $66,558.68, Ethereum falling below $3,400, and other altcoins like Solana, XRP, and Cardano dipping significantly. The sell-off led to a widespread decline in the top crypto prices, with Dogecoin and Shiba Inu also experiencing substantial losses.
- Memecoins: Not a Fad, but Catalysts for Blockchain Value Generation
- Apr 02, 2024 at 01:03 pm
- Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, argues that memecoins, often dismissed as frivolous, possess substantial value for blockchain networks. Hayes asserts that memecoins generate attention for the crypto sector, attracting users and engineers to blockchains and driving inherent value for the chains themselves. He cites Solana and Ethereum as networks poised to benefit from the buzz created by memecoins, highlighting Solana's growth due to last year's memecoin frenzy. Hayes maintains that memecoin-related activity will continue in the future, with the upcoming projection of Dogwifhat (WIF) on the Las Vegas Sphere testament to their prominence in the crypto landscape.
- XRP Set for Major Spike, Analysts Predict Skyrocket to $43
- Apr 02, 2024 at 01:03 pm
- XRP's first-quarter performance fell short compared to market leaders, with a modest 2.2% gain. Analyst EGRAG sees potential in XRP despite its recent struggles, identifying a multi-year symmetrical triangle formation. A potential breakout above the $0.75 resistance ("Gate to Valhalla") could trigger a rally towards $43, with intermediate targets at $13.3, $22, and $29.
- Decentralized Infrastructure Networks: Empowering Individuals, Transforming Development
- Apr 02, 2024 at 01:03 pm
- DePIN networks utilize cryptocurrency rewards to engage individuals in the development and operation of physical infrastructure networks. This decentralized approach differs from traditional models where centralized authorities dictate infrastructure development. By harnessing personal or specialized hardware, individuals participate in DePIN networks, contributing to areas such as data storage, wireless connectivity, and transportation tracking. Examples of DePIN solutions in Africa include Kwik Pik, a Delivery-as-a-Service DePIN that leverages the Hedera Network to enhance the efficiency and reliability of package delivery.
- Surge in Phishing Scams on Ethereum's Base Network Raises Alarm
- Apr 02, 2024 at 01:02 pm
- In March, phishing scams targeting Ethereum layer 2 Base skyrocketed, with stolen funds increasing 18-fold compared to January, as reported by Scam Sniffer. Base alone lost approximately $3.35 million, a 334% month-over-month jump from February. The rise in Base phishing scams coincides with a recent memecoin craze on the blockchain, which has seen its total value locked increase by 370% so far in 2024.
- Unveiling the 5 Best Cryptocurrencies to Invest in for Long-Term Success in 2024
- Apr 02, 2024 at 01:01 pm
- In the vast and ever-evolving cryptocurrency market, finding the most promising investment opportunities can be a daunting task. This article explores five exceptional cryptocurrencies that stand out for their groundbreaking technologies, thriving ecosystems, and potential for exponential growth: KangaMoon, Immutable X (IMX), Hedera (HBAR), Optimism (OP), and Fantom (FTM). These tokens offer investors a gateway to the world of scalable finance, sustainable NFTs, enterprise-grade DLT, mass adoption, and limitless interoperability. With KangaMoon leading the charge with its impressive 180% ROI and sustainability focus, these tokens present an unparalleled opportunity for long-term growth and success in the ever-transforming cryptocurrency landscape.
- Ether's Lagging Performance Amidst Bitcoin's Surge Raises Concerns
- Apr 02, 2024 at 01:01 pm
- Ethereum's (ETH) performance trails behind its dominant counterpart, Bitcoin (BTC), despite a recent technical upgrade. While ETH has gained 53% year-to-date, it remains below its November 2021 peak. The lack of institutional demand for ether ETFs and the ambiguity surrounding its legal status, as it may be classified as a security due to its staking mechanism, further impede its growth.
- Crypto Market Crashes as Bitcoin Plummets, Triggering Liquidations and Meme Coin Surge
- Apr 02, 2024 at 01:00 pm
- The cryptocurrency market experienced a sharp decline in Q2, with Bitcoin dropping in value, triggering liquidations across the network. Bitcoin's value plummeted to $66,000, while Ethereum briefly fell to $3,391. The sudden drop resulted in $157 million in liquidations, with long orders accounting for $144 million.