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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 / 19
- Ethereum Soars, Nearing $1 Billion Annual Profits, Bolstering Crypto's Appeal
- Apr 19, 2024 at 11:56 am
- Ethereum's Q1 profits of $365 million indicate an annualized $1 billion potential, with 155% quarterly revenue growth and a 200% increase from Q4 2023. This surge is driven by increased network activity, notably in DeFi, leading to a 155% jump in fee revenue to $1.17 billion and surpassing transaction levels seen in Ethereum's 2021 peak.
- How to Claim WOO $WOO Airdrops Across Various Platforms
- Apr 19, 2024 at 11:54 am
- Airdrops, such as WOO $WOO airdrops, involve distributing free tokens to wallet addresses within the cryptocurrency community. This strategy aims to raise awareness and expand the token's distribution, often coinciding with project launches, blockchain forks, or promotional events. However, caution is advised as some airdrops may have underlying motives, such as inflating token counts or exploiting unsuspecting recipients through phishing or fraudulent activities.
- Avail Unveils Massive Airdrop: 600 Million AVAIL Tokens to Unite Blockchain Communities
- Apr 19, 2024 at 11:54 am
- Avail, a modular blockchain project, announces the "Unification Drop," airdropping 600 million AVAIL tokens to diverse blockchain contributors, including developers, stakers, and educators. The initiative aims to unite blockchain communities, fostering inclusivity and community-driven growth.
- Master the Art of Aptos $APT Airdrops: Unlock Maximal Rewards
- Apr 19, 2024 at 11:54 am
- Airdrops, such as the Aptos $APT airdrop, involve the distribution of free digital assets to cryptocurrency community members. This strategy is used to increase awareness and distribution of the token and may coincide with project launches or promotional events. Participation often requires fulfilling specific criteria, such as holding a certain cryptocurrency or completing tasks. It's important to verify the legitimacy of airdrops and proceed with caution, as fraudulent schemes aiming to take advantage of unsuspecting individuals exist.
- World Coin Advances Blockchain Network Amidst Legal and Market Challenges
- Apr 19, 2024 at 11:48 am
- Despite legal challenges in various jurisdictions, the World Coin project team continues to develop a new blockchain network, World Chain, to enhance decentralized human identity verification. Led by OpenAI CEO Sam Altman, World Coin aims to provide a more decentralized verification protocol and is expected to launch its own blockchain by summer. However, the project has faced legal hurdles in over 120 countries.
- JPMorgan CEO Jamie Dimon Still Thinks Bitcoin Is a Scam
- Apr 19, 2024 at 11:46 am
- JP Morgan CEO Jamie Dimon remains critical of Bitcoin, reiterating his belief that it is a Ponzi scheme and not a legitimate currency. Despite his skepticism, Dimon emphasizes that investors should ultimately make their own decisions, highlighting the volatility and potential risks associated with Bitcoin.
- Bitcoin Accumulation Soars to Unprecedented Levels Amid Market Decline
- Apr 19, 2024 at 11:42 am
- In a display of confidence, Bitcoin investors shifted a record $1.7 billion into accumulation wallets as the cryptocurrency dipped below $63,000 on April 16, highlighting a surge in buying activity during the market downturn. The influx of funds into accumulation addresses, which are used to store Bitcoin for long-term holding, signals that investors remain optimistic about Bitcoin's future prospects.
- Degen Chain Leapfrogs Ethereum Ecosystem with Stellar Transaction Count
- Apr 19, 2024 at 11:41 am
- Degen Chain, an Ethereum layer-3 network, boasts the highest transaction per second (TPS) count in the ecosystem, surpassing Ethereum, Base, Arbitrum One, and zkSync Era. Over the last 24 hours, Degen processed 35.7 TPS and 3.08 million transactions, despite a low average value per transaction of $0.27.
- HACK the TAO: A Cerebral Odyssey into Web3 Gaming
- Apr 19, 2024 at 11:40 am
- In the upcoming Web3 game "HACK the TAO," players embark on a philosophical and artistic journey as the protagonist Lady Hack, encountering characters inspired by Hackatao's artistic evolution and battling enemies representing societal challenges. The game's levels mirror Lady Hack's transformative experiences, starting in an icy wilderness and culminating in a confrontation with the forces of centralization.
- Magic Eden Overtakes Blur, Dominates NFT Trading in March
- Apr 19, 2024 at 11:35 am
- Solana-based NFT platform Magic Eden witnessed remarkable growth in March 2023, registering a staggering $765 million in trading volume, surpassing high-flying competitor Blur. This surge of 194% marks six consecutive months of dominance for Magic Eden in terms of trading volume, cementing its position as a leading NFT marketplace.
- WorldCoin Advances Revolutionary Blockchain Tech to Enhance Identity Verification
- Apr 19, 2024 at 11:31 am
- Despite legal challenges, WorldCoin is developing a blockchain network, World Chain, to enhance decentralized human identity verification through World ID. Operating as an Ethereum layer-2 scaling network, World Chain aims to provide a more decentralized verification protocol, secured by the Ethereum network. The project is expected to launch its native blockchain later this summer, aiming to facilitate broader accessibility for individuals and developers.
- Tether and Telegram Join Forces: USDT Stablecoin to Integrate with Telegram Wallet and TON Blockchain
- Apr 19, 2024 at 11:31 am
- At Token 2049 in Dubai, Tether and Telegram CEOs announced the launch of USDT on the TON blockchain and Telegram wallet, aiming to amplify Telegram's crypto presence and accelerate TON's growth. Tether CEO Paolo Ardoino emphasized the seamless value transfer that USDT on TON would provide, fostering financial infrastructure within the blockchain space.
- BlockDAG: A Blockchain Revolution Poised for 30,000x Growth in 2024
- Apr 19, 2024 at 11:30 am
- In the realm of cryptocurrency, BlockDAG emerges as a beacon of innovation, boasting a remarkable 400% presale price surge and an audacious forecast of a 30,000x return on investment. Its groundbreaking use of Directed Acyclic Graph (DAG) technology sets it apart, contrasting with the current dynamics of the crypto world. BlockDAG's momentum stands in stark contrast to Cosmos's gradual niche-carving in finance and Solana's price rally following network challenges. By offering investors an early chance to join a revolutionary blockchain and digital finance shift, BlockDAG sets a new benchmark for innovation, promising exponential growth and substantial returns.
- Meme Coin Craze: Proceed with Caution, High Risks Abound
- Apr 19, 2024 at 11:30 am
- Investing in meme coins involves significant risks due to their volatile nature and speculative foundation. Unlike established cryptocurrencies with intrinsic value and applications, meme coins rely heavily on social media hype and community sentiment. Their susceptibility to market manipulation, scams, and short lifespans poses considerable challenges for investors. Regulatory uncertainty, lack of professional support, and limited use cases further contribute to the risks associated with investing in meme coins.
- Bitcoin Halving 2024: A New Era for Digital Gold
- Apr 19, 2024 at 11:30 am
- The Bitcoin halving event, occurring every four years, is scheduled for April 2024. The Bitcoin protocol dictates that the block reward paid to miners will reduce from 6.25 BTC to approximately 3.13 BTC when the blockchain reaches block 840,000. This halving cycle is ingrained into Bitcoin's protocol and repeats roughly every 210,000 blocks or approximately every four years. Historically, halving events have been characterized by increased price appreciation in the years following the reward reduction.
- Bitcoin Struggles to Recover Amid Persistent Market Volatility
- Apr 19, 2024 at 11:28 am
- Bitcoin struggles to recover, facing resistance at $63,000. A break below $60,000 support could trigger significant decline. Technical indicators suggest bearish momentum, with MACD in the bearish zone and RSI below 50. Immediate resistance lies at $62,000 and $63,000, while major support levels include $60,800 and $60,000. A clear move above $64,200 or a close below $60,000 will determine the next directional bias.
- Bitcoin Cash Dips Amidst Renewed Downward Pressure, Key Supports Tested
- Apr 19, 2024 at 11:28 am
- Bitcoin Cash (BCH) has entered a bearish trend, dropping below the $550 support level and the 55 simple moving average (4 hours). A key bearish trend line has formed with resistance near $505. If BCH fails to reclaim the $525 resistance zone, it could face further declines toward the $445 support level. Technical indicators suggest that the bearish momentum is gaining strength.
- Cryptocurrency Crash Amidst Rising Geopolitical Tensions
- Apr 19, 2024 at 11:23 am
- Cryptocurrencies experienced a significant decline on Friday as a result of a global shift away from risky assets. The trigger for this sell-off was news of an Israeli missile strike on Iran, causing Bitcoin to fall below US$60,000 and Ether to drop below US$3,000. The US dollar's rise has contributed to the decline in cryptocurrency values.
- Victor-Hugo School Ignites Olympic Spirit, Embracing Sport and Citizenship
- Apr 19, 2024 at 11:21 am
- Tarbes' Victor-Hugo School recently hosted its "Olympic Week," a weeklong initiative to promote youth sports and instill civic and athletic values. With support from the city's sports department, providing equipment, and the enthusiasm of students, teachers, and animators, the school organized a variety of activities, including chess tournaments, continental expositions, and sports demonstrations. Parents were also invited to participate in the festivities, sharing in the fun and educational experience.
- Cryptocurrency Prices Plunge Amidst Rising Geopolitical Tensions
- Apr 19, 2024 at 11:15 am
- Cryptocurrencies plummeted on Friday due to risk aversion prompted by reports of an alleged Israeli missile strike on Iran. Bitcoin breached the $60,000 mark, falling over 5.5% to $59,961, while Ether dropped below $3,000. This market selloff coincided with a rise in the U.S. dollar, leading to a surge in safe-haven assets such as oil, gold, and bonds.