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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
- Bitcoin Halving Unleashes Parabolic Price Surge
- Apr 02, 2024 at 05:00 am
- Approaching in April, the Bitcoin Halving will witness a 50% reduction in miners' rewards to 3.125 BTC per block. Historically, this event has preceded parabolic price surges for Bitcoin, with 90-day and 1-year gains of up to 8,000% and 559%, respectively. Despite uncertainty surrounding the exact timing of the Halving, the reduction in supply and strong demand are expected to drive Bitcoin's value higher after the event.
- BlastUP Breaks the Mold, Securing Over $3 Million in Record-Breaking Presale
- Apr 02, 2024 at 05:00 am
- As the cryptocurrency landscape evolves, investors seek the next altcoin success stories. BlastUP emerges as a frontrunner, having raised over $3 million in just a few weeks. Its unique platform and tools for launching DApps has attracted attention, and its presale tokens offer a 45% discount. NEAR Protocol shows potential for growth, while Jupiter's price movements suggest room for upside potential. However, both face challenges and uncertainty, making BlastUP's strong foundation and strategic roadmap a standout advantage.
- Reflect: Revolutionary EVM Layer 2 Protocol Transforms Reflective Protocol Landscape
- Apr 02, 2024 at 05:00 am
- Reflect emerges as a groundbreaking EVM Layer 2 protocol, offering an innovative system for automated payouts in main net base Ethereum (ETH) approximately every 30 minutes. This first-mover strategy sets a new standard in reflective protocol innovation, rewarding users holding a minimum eligible amount of tokens with ETH payouts directly to their wallets, enhancing user engagement and investment appeal.
- TONY THE DUCK: Soaring to Great Heights in the Cryptosphere
- Apr 02, 2024 at 05:00 am
- TONY THE DUCK, a new token on the TON network, has surged in popularity within two weeks, amassing over 2,700 holders. Its extensive social media presence and $4 million market cap have drawn attention from the crypto community, leading to listings on CoinGecko, CoinMarketCap, and Binance. TONY is set for its exchange debut in April, showcasing unique NFTs, and aims to boost the visibility of the TON network.
- Ethereum Whale Transactions Soar, Signaling Bullish Sentiment for Long-Term Price Outlook
- Apr 02, 2024 at 05:00 am
- In a recent crypto market update, Ethereum (ETH) maintains its position around $3,600 amid speculation surrounding a potential ETF approval. Shiba Inu (SHIB) exhibits stability in its price movement. Notably, Furrever Token (FURR) stands out with an impressive $570,000 raised in its presale phase, highlighting its unique concept, strong community engagement, and promising returns.
- Crypto Crime Surge: Stolen Funds Reach $187.29 Million in March 2024 Update
- Apr 02, 2024 at 04:56 am
- In March 2024, the crypto industry witnessed 30 hacks leading to $187.29 million in losses, with $98.8 million recovered. The Munchables hack, where stolen funds were returned after negotiations, was the most notable incident. Other significant hacks included CurioNetwork, Prisma Finance, NFPrompt, and WOOFi. Despite a decrease from February, March's losses exceeded January's.
- Ethereum Whales Diversify into Memecoins for Strategic Gains
- Apr 02, 2024 at 04:56 am
- Ethereum whales, known for their substantial holdings in ETH, are expanding their portfolios to include ETH-based memecoins like Shiba Budz (BUDZ). Driven by the upcoming approval of an Ethereum ETF, these whales seek to capitalize on the volatility and growth potential of memecoins while diversifying within the ETH ecosystem. Their investment in Shiba Budz (BUDZ) signals both a short-term strategy to amplify returns and a belief in the long-term growth of Ethereum (ETH).
- Bitcoin and Ethereum Dip as Market Consolidates, Technical Indicators Signal Further Correction
- Apr 02, 2024 at 04:55 am
- The global crypto market experienced consolidation today with a 1.25% decline in total market cap to $2.63T. Bitcoin (BTC) faced corrections ahead of the Easter weekend, consolidating around $69K. Ethereum (ETH) also faced a decline, reaching $3,482. Litecoin (LTC) and Sui (SUI) experienced corrections, while BOOK OF MEME (BOME) posted some minor gains, reaching $0.01619.
- Commemorative Coin Honors Boys Town: A Century of Changing Youth's Lives
- Apr 02, 2024 at 04:50 am
- The Boys Town 2017-P Uncirculated Silver Dollar commemorates the centennial of the non-profit organization dedicated to assisting at-risk youth. The coin features a young girl looking up at a tree branch on the obverse and inscriptions on the reverse, including the organization's motto, "When you help a child today... you write the history of tomorrow." The silver dollar, designed by Emily Damstra and sculpted by Joseph Menna, has a mintage of 12,307 out of an authorized 350,000 and sells for $50 to $65 in the aftermarket.
- Coinbase CFO Alesia Haas Disputes SEC's Potential Ethereum Security Classification
- Apr 02, 2024 at 04:47 am
- Coinbase CFO Alesia Haas asserts that Ethereum (ETH) is unlikely to be classified as a security by regulators, citing statements from both the SEC and CFTC. Haas highlights the lack of comprehensive crypto regulation in the U.S. as the root of the classification issue, emphasizing the need for clear and equitable regulatory frameworks to protect consumers and businesses like Coinbase.
- Shiba Inu Poised for Epic Bull Run, Analysts Predict 2021 Surge Repeat
- Apr 02, 2024 at 04:47 am
- Shiba Inu (SHIB) is poised for a rebound reminiscent of its 2021 bull run, according to analysts like 'Rekt Capital' and Xanrox. Its burn rate surged 2330% in March 2024, and it briefly surpassed $0.00004, a significant milestone after two years of subdued performance. The decline in price presents an opportunity for investors, as predicted by Xanrox's Fibonacci analysis, with a potential surge towards $0.00006619.
- Morgan Creek CEO Predicts Bitcoin's Ascension to $150,000 Within a Year
- Apr 02, 2024 at 04:46 am
- Morgan Creek Capital Management CEO Mark Yusko predicts Bitcoin will reach $150,000 within a year, despite advocating for a conservative allocation of 1-3%. Yusko believes Bitcoin's dominance and superior value proposition compared to gold, coupled with the recent introduction of ETFs and the upcoming halving, justify his bullish forecast.
- Ripple CTO Raises Doubts Over Legality of Proposed Staking Regulations
- Apr 02, 2024 at 04:46 am
- Ripple's CTO, David Schwartz, recently engaged in a discussion on X regarding staking regulations in the crypto sector. Schwartz argued that staking is not a security, as there is no transfer of ownership and no return on investment. He questioned how regulations surrounding securities would apply to staking, as there is no sale or purchase of the underlying asset. The discussion highlights ongoing debates within the crypto industry regarding the regulatory classification of staking and tokenization.
- Crypto Pro Predicts Top 5 Investments for Surging Market
- Apr 02, 2024 at 04:40 am
- Crypto expert Ben Armstrong highlights five promising cryptocurrencies for investment amid a potential bull market: Ethereum (ETH), Chainlink (LINK), Polkadot (DOT), Avalanche (AVAX), and COTI. Ethereum, the leading rival to Bitcoin, holds potential with forecasted peaks of $14,000 and the possibility of an ETH-based spot ETF approval. Chainlink, recognized for its innovative solutions, offers opportunities in interoperability and tokenization. Polkadot, set to revamp its tokenomics with Polkadot 2.0, introduces a burn mechanism. Avalanche aims to acquire community tokens, while COTI, a low-cap project, has seen significant growth and holds promise for future gains.
- Bitcoin Faces Resistance Threshold, Poised for Potential Surge or Retracement
- Apr 02, 2024 at 04:40 am
- Amidst resilience and bullish sentiment, Bitcoin has established a firm foothold above the $70,000 mark. Despite facing resistance around $71,500, the cryptocurrency remains firmly supported within a narrow range. Technical indicators suggest waning momentum but maintain a healthy position, while analysts closely monitor key support and resistance levels for potential breakout or breakdown scenarios.
- Choise.com Transforms from Small-Cap Status into Growth Powerhouse Amidst Anticipated Bitcoin Halving Surge
- Apr 02, 2024 at 04:40 am
- As anticipation for Bitcoin's halving event intensifies, the excitement within the crypto community extends to the emergence of several altcoins, such as Choise.com (CHO), Polygon, Ondo, and Optimism. CHO stands out with its projected growth beyond small-cap status due to tokenomic advancements and community accumulation. Polygon and Ondo show potential with balanced price levels, while Optimism faces a slight downtrend but holds recovery prospects. Savvy investors look to these altcoins for significant gains amidst the heightened anticipation.
- Jupiter Soars as a DeFi Star, JUP Token Surges to Top 4
- Apr 02, 2024 at 04:39 am
- Jupiter (JUP) has emerged as a dominant DEX aggregator on Solana, surpassing $10 billion in weekly volume and ranking as the largest. Its JUP token has garnered significant market capitalization, making it the fourth largest DEX token. Despite a recent setback, analysts predict a potential rally to $2.00, supported by bullish momentum and favorable technical indicators. However, volatility remains a concern, with potential downward pressure to $1.40 if bullish momentum wanes.
- Ripple Withdraws 500M XRP from Escrow, Breaks from Routine
- Apr 02, 2024 at 04:36 am
- In a notable deviation from standard procedure, Ripple has withdrawn 500 million XRP from its escrow accounts, deviating from the regular release of 1 billion tokens. This move, occurring amidst a turbulent market and speculation about Ripple's strategy, has sparked questions about the reasons behind the reduced release.
- dYdX Restructures into Cayman Islands Foundation to Weather Regulatory Storm
- Apr 02, 2024 at 04:35 am
- dYdX Operation Trust (DOT) has voted in favor of transitioning to the Cayman Islands Foundation Company to protect contributors from potential legal ramifications due to increased scrutiny by the US SEC. This move aims to provide a legal framework that safeguards the personal finances of those managing the company in the event of lawsuits. The Cayman Islands offers a regulatory environment that is more favorable to crypto companies seeking to avoid stricter regulations like those in the US.
- Bitkub Gears Up for Public Offering, Bullish on Crypto Revival
- Apr 02, 2024 at 04:27 am
- Thailand’s leading cryptocurrency exchange, Bitkub, is set to go public on the Stock Exchange of Thailand by 2025. The company plans to hire 1,000 employees and raise fresh capital through an initial public offering (IPO). Bitkub currently dominates the Thai crypto market with a 77% market share, and the IPO is expected to further enhance its presence. Despite challenges such as the withdrawal of a major acquisition deal, Bitkub remains focused on its goal of becoming a publicly-listed entity.