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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
- Sei Network's DeFi Rebound Sparks Bullish Outlook
- Apr 02, 2024 at 12:30 pm
- DeFi activity on Sei is on the rise, potentially propelling its price towards $1. Avalanche (AVAX) has been bullish, but its momentum has recently dipped; however, a partnership with Ponder One could see it recover to $60. Rebel Satoshi's community growth is driving interest in its $RECQ token, which aims to rival top meme coins in the crypto industry. Sei's Parallel Stack technology, Avalanche's DeFi partnerships, and Rebel Satoshi's presale for $RECQ are key factors influencing their growth potential.
- Bitcoin Volatility Soars Ahead of Halving Event, Shaking Cryptocurrency Market
- Apr 02, 2024 at 12:23 pm
- Major cryptocurrencies, including Bitcoin and Ethereum, experienced a decline on Monday evening, marking a negative start to the second quarter of 2022. Bitcoin plunged by over 5%, while Ethereum and Dogecoin also witnessed significant losses. Market volatility for Bitcoin remained high, surpassing that of Ethereum by nearly 10 percentage points. The upcoming Bitcoin reward halving on April 21st, which will reduce miner revenue by half, could further contribute to market volatility.
- Solana's Surprising Moves: Whales Cast Shadow, But Indicators Hint at Potential Upswing
- Apr 02, 2024 at 12:20 pm
- On April 1st, significant transactions involving millions of SOL tokens sent to Coinbase sparked speculation in the crypto market. Despite these large transfers, SOL's price remained unaffected, indicating a potential uptrend. However, market indicators such as declining buying momentum, capital outflows, and reduced Open Interest suggest a possible price decrease in the short term, potentially dropping below $190.
- Avalanche, Chainlink Surge as Partnership Strengthens; Milei Moneda Presale Attracts Global Interest
- Apr 02, 2024 at 12:19 pm
- Amidst a flurry of recent developments, Avalanche (AVAX), Chainlink (LINK), and Milei Moneda ($MEDA) have captured the attention of investors. Avalanche's surge, sparked by a liquidity injection program and a partnership with Chainlink, fuels predictions of a potential rise to $248.81 in 2024. Chainlink's positive momentum, driven by a collaboration with Avalanche, points towards a potential ATH of $76.33 before year's end. Meanwhile, the Milei Moneda presale attracts investors with its discounted token prices and a compelling roadmap focused on economic freedom and peer-to-peer markets.
- Ethereum Flounders After Price Rejection, Stumbles at $3,420 Resistance
- Apr 02, 2024 at 12:14 pm
- Ethereum's bullish momentum waned as it faced resistance at $3,650, leading to a decline below the $3,500 support. Retesting the $3,320 support, Ethereum shows signs of recovery, but faces resistance at $3,420 and the 100-hourly SMA. A break above $3,450 could indicate bullish momentum, potentially pushing the price towards $3,650. However, failure to clear $3,420 resistance may result in further losses towards $3,250 or $3,220.
- Solana Surges: Market Indicators Point to Continued Price Rise in April 2024
- Apr 02, 2024 at 12:13 pm
- Bitcoin is currently consolidating, leading to increased liquidations and a potential market shift. Meanwhile, Solana is exhibiting an upward breakout trend. Analysis suggests that SOL's positive price movement could continue into April, potentially reaching $400 due to increased adoption, meme coin popularity, and upcoming Bitcoin halving.
- Top 5 Cryptos Primed for explosive April growth, Brace for Altcoin Season
- Apr 02, 2024 at 12:13 pm
- With the Bitcoin halving approaching in April and Ethereum Spot ETFs arriving in May, the crypto ecosystem is poised for a massive altcoin season. Here are the top 5 cryptos to buy now in anticipation of this surge: Ondo ($ONDO), Dogecoin ($DOGE), Stacks ($STX), Aptos ($APT), and Galaxy Fox ($GFOX). These cryptos offer diverse opportunities, from RWA exposure to memecoin upside and DeFi innovation on Bitcoin. Notably, $GFOX, with its strong presale performance and unique play-to-earn memecoin model, emerges as a top contender with exceptional upside potential.
- Polygon Founder's Thumbs Up Sends NFTFN to Record Heights
- Apr 02, 2024 at 12:10 pm
- Polygon founder Sandeep Nailwal's endorsement has propelled NFTFN to new heights, positioning it as a beacon of hope in the crypto space. Nailwal's support validates the project's mission to democratize NFT access, and with Round 1 Presale nearing completion, NFTFN stands poised to revolutionize digital ownership through its SuperNova (SNV) index, empowering investors with cost-effective solutions and limitless possibilities.
- Ethereum and Altcoins Surge Imminent, Could Overtake Bitcoin's Dominance
- Apr 02, 2024 at 12:08 pm
- Crypto analyst Jason Pizzino predicts a surge in altcoins, with Ethereum leading the charge. Drawing parallels to previous market cycles, Pizzino suggests that an ETH/BTC breakout could signal a potential altcoin rally, potentially reaching new highs in May or June. He also highlights the cyclical dominance rotation in the crypto market, where altcoins tend to outperform after Bitcoin rallies.
- Memecoins Surge in Unusual Bull Run, Bypassing Traditional Flow
- Apr 02, 2024 at 12:04 pm
- Amidst a "weird" bull market, the crypto industry is witnessing an unusual liquidity flow, with memecoins experiencing a surge in investment before the traditional progression into high-capitalization coins. Analysts describe this bull market cycle as the "weirdest" on record, marked by a premature Bitcoin all-time high and a notable influx into memecoins, bypassing the typical flow of liquidity into Ethereum and other major coins.
- Cryptocurrency Market Plummets After Bitcoin, Ethereum Suffer Massive Dips
- Apr 02, 2024 at 12:03 pm
- Major cryptocurrencies faced a downturn on Monday evening, initiating Q2 with losses. Bitcoin's price experienced a significant drop of over 5%, accompanied by heightened volatility compared to Ethereum. The upcoming Bitcoin blockchain reward halving, scheduled for April 21st, is anticipated to intensify market volatility due to a reduction in Bitcoin emission per block. Despite the overall market decline, certain cryptocurrencies, such as Core, Bittensor, and Bitget Token, exhibited modest gains. Analysts remain cautiously optimistic about Bitcoin's potential to reach new all-time highs, emphasizing the importance of key support and resistance levels.
- Crypto Scandals Shake South Korea's Election Race
- Apr 02, 2024 at 12:03 pm
- As South Korea approaches parliamentary elections on April 10th, accusations of crypto-related misconduct are flying between candidates. With the Democratic Party currently holding power and the People's Power Party striving for a victory, allegations regarding secret crypto holdings and speculative investments have emerged. Mandatory disclosures have unveiled substantial Bitcoin holdings by public figures, including candidates, sparking questions of transparency and legality.
- Missed Opportunity: Crypto Investor Squanders Potential $12 Million Fortune
- Apr 02, 2024 at 12:02 pm
- In December 2023, an investor invested $5,000 in the meme coin DogWifHat (WIF) and sold his holdings for a profit of $2,000. However, WIF's value surged, leaving the investor with regret as his initial investment would have been worth $12 million if he had held it.
- Shiba Inu's LSD Token KNINE Surges on BitMart Listing Announcement
- Apr 02, 2024 at 12:02 pm
- Shiba Inu's KNINE LSD token has gained significant traction after BitMart announced its listing today. The token is the result of Shiba Inu's partnership with K9 Finance and aims to enhance DeFi within Shibarium, Shiba Inu's layer two solution. Despite the listing news, KNINE's price has dipped 8.24% within 24 hours, aligning with the broader market downtrend witnessed by Shiba Inu.
- XRP Shows Resilience Amidst Legal Storms and Market Wobbles
- Apr 02, 2024 at 12:01 pm
- Over the weekend, XRP's price dropped by 1.36%, partially reversing the gains made on Friday and highlighting the volatility of crypto markets. This dip followed a significant court decision involving Coinbase that hinted at challenges for the cryptocurrency sector, including Ripple and XRP, as the SEC continues to pursue its lawsuit against Ripple.
- Crypto Project Funding Surges, Signaling Renewed Investor Optimism
- Apr 02, 2024 at 12:01 pm
- Venture capital funding for crypto projects surged by 52.5% in March, reaching $1.16 billion, primarily driven by investments in infrastructure and decentralized finance (DeFi) initiatives. This marks the highest monthly investment since April 2022, with 180 publicly announced investments securing funding.
- Crypto Market Plummets, Liquidations Skyrocket in Bearish Market
- Apr 02, 2024 at 12:01 pm
- The cryptocurrency market has experienced a significant downturn, with Bitcoin (BTC) falling by 5.6% to $66,654. The broader altcoin market has also declined, with the top ten altcoins shedding 6-10% of their value. The correction triggered liquidations of over $500 million, including $414 million in liquidated longs. Notable activity in the options market includes increased selling of calls and buying of puts for BTC and Ethereum (ETH), indicating cautious sentiment and elevated implied volatility. The meme coin sector has faced significant sell-offs, with Dogecoin (DOGE) dropping 13% to $0.1881.
- Bitcoin Price Tanks, Outlook Murky
- Apr 02, 2024 at 12:01 pm
- Bitcoin has dipped by 5.25% against the US Dollar today, currently trading at $66,913. Despite underperforming the market, Bitcoin has gained 8.35% in the past month and 141.08% in the last year. Our Bitcoin price prediction indicates a potential 12.80% rise to $78,666 by April 06, 2024, with bullish sentiment and high volatility. However, it's crucial to note that the cryptocurrency market is highly volatile, and predictions may vary.
- Bitcoin's Ascent to Dominance: The Ultimate Monetary Battle
- Apr 02, 2024 at 12:01 pm
- The competition for global monetary dominance will be won by either Bitcoin or gold, with Bitcoin emerging as the more likely victor due to its superior monetary attributes. While gold excels in durability, Bitcoin's advantages in hardness, scarcity, portability, divisibility, fungibility, recognition, and liquidity are eroding gold's lead over time. The free market will ultimately determine the winner, and Bitcoin's potential ascent to dominance is an unprecedented investment opportunity. However, gold remains a viable hedge against fiat currency collapse in the near term, and prudent investors should allocate capital to both gold and Bitcoin while monitoring market developments over time.