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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 / 01- Ethereum Classic and Solana Investors Shift Gaze to DeeStream
- Apr 01, 2024 at 11:10 pm
- As the crypto market evolves, enthusiasts are focusing on DeeStream (DST), a streaming platform with promising features and growth potential. Ethereum Classic (ETC) and Solana (SOL) are experiencing price surges and investor interest, while DST's presale has attracted over 17,000 users. With a model inspired by YouTube and Twitch, DST emphasizes transparency, instant payouts, and community governance, offering a compelling investment opportunity at its current $0.055 presale price.
- Tron Founder Justin Sun Disputes SEC Lawsuit, Denies Targeting US Investors
- Apr 01, 2024 at 11:08 pm
- Justin Sun has filed a motion to dismiss the SEC's lawsuit against him and his companies, Tron, BitTorrent, and Rainberry. Sun claims that he never intended to advertise TRX or BTT coins to US investors and that the ICOs were conducted "entirely overseas." The SEC alleges that Sun and his companies targeted US investors with unregistered securities offerings and celebrity endorsements.
- XRP and XLM Set for Explosive Surge: Technical Analyst Predicts Meteoric Rise
- Apr 01, 2024 at 11:08 pm
- Technical analyst Charting Guy predicts a $13 surge for XRP and Stellar (XLM) based on his observation of a symmetrical triangle formation in both assets. Despite their stagnant performances in recent years, Charting Guy emphasizes the importance of technical analysis and dismisses bearish market sentiments surrounding these coins. The analyst's bullish outlook is also supported by his conviction in the disruptive potential of CBDCs and the significant investment positions he holds in XRP and XLM.
- Dogecoin Bull Run Looms as Whales Accumulate and Technicals Flash Buy Signal
- Apr 01, 2024 at 11:08 pm
- Amidst rising on-chain activities, Dogecoin (DOGE) has seen a significant transfer of 250 million DOGE to Robinhood and 83 million DOGE to an unknown blockchain address. These transactions, potentially facilitated by Elon Musk, have fueled speculations and ignited bullish sentiment. Analysts observe a 2018-2021 pattern formation that suggests a potential surge to $1.5, igniting anticipation among investors as DOGE continues to rank among the top 10 cryptocurrencies.
- Japanese Bank Pioneers Bank-Backed Stablecoin, 'Tochika'
- Apr 01, 2024 at 11:08 pm
- Japanese regional bank Hokkoku has introduced Tochika, Japan's first stablecoin backed by bank deposits. The move has raised questions about the potential benefits and drawbacks of stablecoins in Japan, where cash remains widely used. Hokkoku aims to entice businesses with a low merchant rate for cashless transactions and attract other banks to join its initiative. The development comes amid regulatory changes in Japan that permit three types of stablecoins, including those backed by banks.
- Institutional Appetite Rekindles Bitcoin's Ascent, Driving Global Market Boom
- Apr 01, 2024 at 11:07 pm
- The cryptocurrency market experiences renewed institutional investment, leading to a surge in Bitcoin price action and increasing global adoption. Google data indicates interest in Bitcoin remains high post-Easter, notably in El Salvador, Nigeria, Switzerland, and the Netherlands. El Salvador maintains a strong pro-Bitcoin stance, holding over 5,690 BTC, while Nigeria's crypto scene thrives despite market fluctuations. Switzerland's acceptance of Bitcoin ETFs and the European Union's MiCA regulation have also boosted institutional demand for Bitcoin.
- Casper Crypto Slumps Below Support, Signaling Bearish Momentum
- Apr 01, 2024 at 11:07 pm
- The Casper crypto price has witnessed significant declines, falling below the 200-day exponential moving average. In the past 20 days, CSPR has plummeted by 28%, struggling to surpass the $0.600 mark. Intense selling pressure has led to a bearish trend, with decreasing trading volume and declining social dominance.
- Ethereum's Liquid Staking Soars to Record Highs, Signaling Era of DeFi Dominance
- Apr 01, 2024 at 11:06 pm
- Ethereum's restaking sector is experiencing a surge, with liquid restaking tokens (LRTs) reaching an all-time high of over $8.5 billion in total value locked (TVL). Renzo, Swell, and EtherFi, the top LRT projects, have led this growth, while EigenLayer, the pioneering protocol, holds a dominant TVL of $12.4 billion. Layer 2 networks, such as Base, Linea, and Arbitrum, are also witnessing significant activity, with Base's TVL rising by 62.7% in a week to $3.2 billion.
- Bitcoin Dominance Slips Amidst Altcoin Surge in Shifting Crypto Market Landscape
- Apr 01, 2024 at 11:06 pm
- Amidst Bitcoin's declining dominance in the crypto market, traders are exploring alternative currencies. With Bitcoin's share falling from its post-FTX high of 55%, altcoins have gained traction, signaling a potential shift towards an alternative season.
- Pyth Oracle Expansion and Bybit Solana Enhancements Fuel Innovation, Drive Profitability
- Apr 01, 2024 at 11:05 pm
- In a recent development, Pyth Network has launched its Pyth oracle network on the Merlin Chain. Additionally, Bybit has added Solana options to its platform to enhance profitability for traders. NuggetRush has also achieved two significant milestones as it approaches the conclusion of its blockchain ICO. Notably, NuggetRush has surpassed $3.4 million raised and sold over 252 million NUGX tokens, highlighting its promising potential in the play-to-earn gaming industry.
- SEI Investments Insider Sale Raises Doubts Over Company's Health
- Apr 01, 2024 at 11:04 pm
- On April 1st, Executive Chairman Alfred P. West Jr. of SEI Investments (SEIC) sold 19,363 shares for $1,396,846, marking a notable insider sale. This transaction coincided with a slight decline in SEIC's share price during Monday's morning session. SEI Investments, which manages $1.4 trillion in assets, has exhibited recent revenue growth but faces challenges in profitability and earnings performance. However, its strong EV/EBITDA ratio and discounted valuation based on its P/E and P/S ratios make it an attractive investment opportunity for those considering sales performance.
- USDT Coin: Crypto Crusade for Turtle Conservation
- Apr 01, 2024 at 11:04 pm
- In the vast crypto landscape, $USDT Coin stands out not just for its potential gains but for its noble mission: to save endangered turtles. A Solana-based meme coin, $USDT Coin rallies its community to hold the coin and contribute to crucial turtle conservation efforts worldwide. Unlike traditional cryptocurrencies, it relies solely on community support, ensuring that decisions align with the project's mission. Currently in its Pre-Sale Round 1, interested parties can join the movement and secure their place in history.
- BEFE: Meme Coin Metaverse's Rising Star Soars, Promising Fortunes
- Apr 01, 2024 at 11:03 pm
- In the dynamic cryptocurrency realm, BEFE emerges as a promising altcoin with parallels to successful meme coins like PEPE, WIF, and SLERF. Driven by a skilled team, BEFE aims to disrupt the digital landscape through its underlying Bitgert ecosystem. Its innovative ideas and long-term growth trajectory position it as a potential hidden gem with the potential to yield significant returns.
- Sloths Dominate Crypto as Slothana's Presale Surpasses WIF's March Frenzy
- Apr 01, 2024 at 11:03 pm
- Slothana, a trending Solana meme coin, has surpassed $5 million in its presale, eclipsing WIF's popularity. Dogecoin20, another promising meme coin, has raised $10 million and aims to launch on Doge Day. While meme coins garner attention, April also presents opportunities for utility-focused crypto projects. 5thScape, a VR ecosystem, and eTukTuk, an EV ecosystem for developing economies, have launched presales with high growth potential.
- Render Token (RNDR) Delivers Bullish Outlook, Eyes 29.90% Rise in Next Five Days
- Apr 01, 2024 at 11:03 pm
- According to our Render Token (RNDR) price prediction, RNDR is expected to rise by 29.90% in the next 5 days, reaching a target price of $13.48. This prediction is based on technical indicators such as moving averages, oscillators, and the Relative Strength Index (RSI), which suggest a positive trend for RNDR. However, the cryptocurrency market remains volatile, and investors should exercise caution and conduct their own research before making any investment decisions.
- Ethereum Plunges 3.15%, Drops Below $3,600 Amidst Extended Market Losses
- Apr 01, 2024 at 11:03 pm
- Over the past 24 hours, Ethereum's price has declined 3.15% to $3,509.12, continuing a 2.0% loss over the past week. Trading volume has decreased by 17.0%, while the circulating supply has increased by 0.41% to 120.07 million, solidifying ETH's rank at #2 with a market cap of $422.34 billion.
- Cryptocurrency Market Falters: Bitcoin and Ethereum Dip Amid Losses
- Apr 01, 2024 at 11:03 pm
- Bitcoin and Ethereum fell on Monday, with Bitcoin dropping below $70,000 and Ethereum below $3,600. Core was the top gainer, rising 58.3%, while Flare lost the most, dropping 14.1%. The global crypto market cap declined 2% to $2.62 trillion.
- Shiba Inu Embraces Innovation, Joining the Digital Currency Revolution
- Apr 01, 2024 at 11:03 pm
- Shiba Inu (SHIB), initially known for its meme coin status, has transitioned to a more strategic trajectory, embracing real-world utility and investment potential. This shift signifies a broader transformation in the cryptocurrency market, where digital currencies are evolving beyond speculation and towards innovation, with platforms like Option2Trade (O2T) leading the charge with advanced technology and investment opportunities.
- BlackFort Unveils Comprehensive Crypto Ecosystem, Revolutionizing Blockchain Landscape
- Apr 01, 2024 at 11:02 pm
- BlackFort, an EVM-compatible Layer 1 blockchain, offers speed, scalability, security, and efficiency with its POSA consensus algorithm. Launched in January 2023, the blockchain boasts a 5-second block time and has processed over 6.6 million blocks error-free. With a client-side wallet downloaded over 110,000 times and plans to offer banking services and crypto debit cards, BlackFort is building a comprehensive crypto ecosystem.
- RBI Celebrates 90 Years of Unwavering Service to India
- Apr 01, 2024 at 11:02 pm
- At the RBI@90 opening ceremony in Mumbai, Prime Minister Modi celebrated 90 years of the Reserve Bank of India. Emphasizing its historic significance, he commended RBI's unwavering commitment and professionalism in navigating both pre- and post-independence eras. He highlighted the pivotal role of RBI in India's aspiration to become a "Viksit Bharat," emphasizing the importance of rapid growth, trust, and stability. PM Modi acknowledged the challenges faced by the banking system in 2014 and credited the government's comprehensive reforms, including recognition, resolution, and recapitalization, for the turnaround.