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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
May / 02
- Bitcoin's Steep Dive Sparks Peak Concerns, Igniting Debate on Diversification
- May 02, 2024 at 02:02 am
- Following Bitcoin's plunge below $60,000, the ongoing market downturn has sparked debates on social media. Veteran trader Peter Brandt suggests that Bitcoin may have reached its peak for this cycle, based on the "exponential decay" pattern. Others remain optimistic, citing institutional interest and upcoming catalysts like spot Bitcoin ETFs and the Bitcoin halving. In response to bearish sentiment, investors are exploring emerging assets with high potential, such as the multichain meme coin Dogeverse, which has raised $13 million in its ongoing presale.
- Bitcoin Crashes to $60K: Experts Predict Exponential Decay, Identify New Investment Opportunities
- May 02, 2024 at 02:02 am
- With Bitcoin's plunge below $60,000, skepticism has emerged in the crypto community. Veteran trader Peter Brandt suggests that the exponential decay pattern may limit Bitcoin's peak to $72,723, a level already reached, casting doubt on a potential climb to $80,000 or $100,000 this cycle. However, some analysts remain optimistic, citing upcoming ETF approvals and supply halving as bullish catalysts.
- Billions in Crypto Tokens Set to Flood Market as Projects Unlock Vast Supplies
- May 02, 2024 at 02:01 am
- Data from TokenUnlocks reveals that 19 significant cryptocurrency projects intend to release coins worth over $10 million this month. This practice is common among protocols that secure funding through investors, with a portion of the tokens subjected to lock-up periods during which they cannot be sold or liquidated. Among these projects, Pyth Network (PYTH) and Aevo (AEVO) are anticipated to unlock a substantial $3.66 billion worth of coins.
- Crypto Heavyweights Tumble: Arbitrum, Cardano, and Others Hit Hard by Holder Losses
- May 02, 2024 at 02:01 am
- Cryptocurrency analytics platform IntoTheBlock revealed that Algorand (ALGO) leads the list of projects with significant holder losses, with 91% of its holders facing losses. Other projects with high losses include Arbitrum (ARB), Sandbox (SAND), and Axie Infinity (AXS), with around 80% of their holders experiencing negative returns. However, analysts suggest that these assets may present investment opportunities if they demonstrate strong fundamentals and network growth.
- Bitcoin Bulls Rejoice: Analyst Predicts Market Peak in 538 Days
- May 02, 2024 at 02:01 am
- Cryptocurrency analyst Ali Martinez predicts the next Bitcoin (BTC) market top in October 2025, approximately 538 days from the publication date (April 30, 2024). Martinez's forecast is based on BTC's historical bull cycle patterns and the assumption that BTC will follow similar trends in the upcoming market cycle.
- Former "Bitcoin Jesus" Roger Ver Nabbed in Spain for Tax Fraud
- May 02, 2024 at 02:01 am
- Roger Ver, known as "Bitcoin Jesus," faces charges of tax evasion, mail fraud, and filing false tax returns. Federal prosecutors allege Ver defrauded the IRS of $48 million by undervaluing his companies and failing to declare bitcoin ownership during his expatriation process. Despite renouncing U.S. citizenship, Ver is accused of concealing bitcoin transactions from his accountant and illegally selling bitcoins for approximately $240 million in cash.
- Shiba Inu Set to Soar: Analyst Predicts Bullish Outbreak
- May 02, 2024 at 02:01 am
- Amidst the ongoing market volatility, Shiba Inu (SHIB) emerges with potential for a bullish breakout. According to cryptocurrency analyst Ali Martinez, SHIB appears to be forming a bull flag pattern, indicating the possibility of a price surge to $0.000072323, signaling an optimistic outlook for the memecoin in the near future.
- Securitize Nets $47M in Funding Led by BlackRock for Digital Securities Expansion
- May 02, 2024 at 02:01 am
- Digital securities platform Securitize raised $47 million in funding led by BlackRock, with participation from blockchain developers Aptos Labs, Paxos, and stablecoin issuer Circle. The funds will be used for product development, global expansion, and strengthening partnerships in the financial services ecosystem. BlackRock's Global Head of Strategic Ecosystem Partnerships will join Securitize's board of directors.
- Unveiling the NFT Goldmine: Comprehensive Market Analysis Unlocks Lucrative Opportunities
- May 02, 2024 at 02:01 am
- The report "Non-Fungible Token (NFT) Market 2024" provides a comprehensive analysis of the NFT market, forecasting robust growth during the forecast period. It segments the market by type (art & collectible, game, others) and application (primary market, secondary market) and provides key statistics on major players. The report offers insights into market dynamics, emerging trends, and opportunities, enabling stakeholders to make informed decisions and navigate the evolving market landscape effectively.
- Senator Lummis Condemns DOJ's Attack on Bitcoin and DeFi
- May 02, 2024 at 02:01 am
- U.S. Senator Cynthia Lummis has criticized the Department of Justice (DOJ) for its interpretation of regulations surrounding non-custodial software wallets, which she believes contradicts previous guidance from the Treasury and criminalizes fundamental aspects of Bitcoin and decentralized finance.
- Dogecoin Soars: Analyst Predicts Massive Surge, NuggetRush Connects Gaming and Cryptocurrency
- May 02, 2024 at 02:00 am
- Dogecoin may experience a 530% increase due to a bullish signal, while Worldcoin aims to increase its token supply by 19% through weekly sales. NuggetRush is building a gaming platform that connects fans, offering NFTs and rewards in the industry.
- Urban Heat Islands: A Looming Threat to Sustainable Cities
- May 02, 2024 at 02:00 am
- Emerging technologies such as artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) are rapidly transforming various industries. These advancements have the potential to enhance efficiency, automate tasks, and drive innovation across sectors. By leveraging AI, industries can optimize operations, improve decision-making, and gain a competitive edge in the modern technological landscape.
- BitBonus Emerges as Cryptocurrency Game-Changer, Unveiling Revolutionary Investment Opportunities
- May 02, 2024 at 02:00 am
- BitBonus, a groundbreaking cryptocurrency, introduces a unique tax structure that rewards holders and fuels marketing, creating unparalleled value for investors. Its five dynamic utilities include a fashion brand, luxury experiences, venture capital, an exclusive Alpha Club, and a secret utility soon to be unveiled. Complemented by an exclusive NFT collection and upcoming milestones on PinkSale and PancakeSwap, BitBonus seeks to maximize holder benefits and redefine decentralized finance.
- BUMBLEBEE: GameFi Game-Changer Blending Play-to-Earn with Social Impact on Solana
- May 02, 2024 at 02:00 am
- BUMBLEBEE, powered by Solana, transforms gaming with its groundbreaking concept. This GameFi platform unites players, charitable causes, and environmental preservation, offering free-to-play access, play-to-earn rewards including $BBS tokens, yield farming opportunities, and exclusive NFT booster points. With its captivating gameplay, BUMBLEBEE revolutionizes the industry, fostering a vibrant ecosystem that empowers players to contribute to a greater social good while enjoying immersive gaming experiences.
- ETFSwap: Cryptocurrency Trading Revolution Unveils Token Listing with Massive Growth Potential
- May 02, 2024 at 02:00 am
- ETFSwap (ETFS), a decentralized finance platform, has generated significant excitement in the crypto community, surpassing 25 million tokens sold in the first stage of its presale. Investors anticipate a potential 100% increase in token value during Stage 2, offering early-stage investment opportunities with the prospect of substantial returns. ETFSwap aims to revolutionize crypto trading by integrating options from traditional and decentralized finance, leveraging the popularity of exchange-traded funds (ETFs) on blockchains.
- Ripple's Japan Expansion: Innovation and Disruption for Supply Chain Finance
- May 02, 2024 at 02:00 am
- Amidst ongoing regulatory challenges in the US, Ripple has partnered with HashKey DX to enter the Japanese market, aiming to revolutionize supply chain finance through XRP Ledger technology. Despite an initial surge, XRP's price has pulled back, raising questions about its future trajectory, particularly as Bitcoin's recent drop adds further pressure. Investors await a catalyst to trigger the next significant price movement.
- EigenLayer Unveils Novel Mechanism Amidst Stakedrop and Regulatory Scrutiny
- May 02, 2024 at 02:00 am
- EigenLayer, the Ethereum "restaking" project renowned for its airdrop farmers, has announced plans to launch its EIGEN token. However, the disappointing terms of the "stakedrop" and uncertainties surrounding tokenomics have left traders and farmers alike underwhelmed. Despite concerns about systemic risks raised by Ethereum co-founder Vitalik Buterin, EigenLayer has introduced a novel concept called "intersubjective forking" to address potential misbehavior and avoid main blockchain forks.
- Oil and Gas Data Management Market Poised for Explosive Growth, Driven by Data Revolution
- May 02, 2024 at 01:59 am
- "The comprehensive 'Oil and Gas Data Management Market 2024' report offers a comprehensive analysis of the global market, including segmentation by type (Cloud-based, Web-based) and application (Discovery, Drilling, Production, etc.). With a focus on growth projections and key player analysis, the report provides valuable insights for market participants. By accessing this report, businesses can gain a competitive edge through actionable intelligence and optimization of market strategies."
- Furrever Token (FURR) Emerges as a Presale Powerhouse, Outshining ETH and SHIB Amidst Market Turmoil
- May 02, 2024 at 01:55 am
- Amidst market turbulence, Ethereum (ETH) and Shiba Inu (SHIB) have faced declines. However, Furrever Token (FURR) has emerged as a surprise contender, surpassing both in its presale phase. With an innovative approach and a user-friendly platform, FURR has attracted significant attention and raised over $1 million in just two months. Its transparent tokenomics and strong community support position it as a potential standout in the crypto space, surpassing ETH and SHIB with its remarkable presale performance.