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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 / 20
- Bitcoin Halving on Horizon: Predetermined Event Poised to Impact Market
- Apr 20, 2024 at 05:07 am
- Bitcoin is set to undergo a "halving," a predetermined event that reduces the reward given to miners for verifying transactions on the blockchain by 50%. This halving, which occurs approximately every four years, aims to slow the supply of new bitcoins entering the market, potentially impacting its price. The previous halving in May 2020 witnessed a surge in Bitcoin's value, and experts anticipate a similar trend after the upcoming event. However, some believe the halving may have a minimal impact due to the cryptocurrency's recent rally.
- Coincheck Hackers Attempt Large-Scale Crypto Money Laundering
- Apr 20, 2024 at 05:06 am
- Hackers behind the $530 million Coincheck cryptocurrency heist are attempting to distribute the stolen XEM coins across six exchanges. NEM Foundation has detected the movement and is collaborating with the exchanges to prevent the illicit sale of the stolen funds. Cryptocurrency security firms warn that hackers often transfer stolen assets among different cryptocurrencies to evade detection.
- Unlock Profits in the Crypto Realm: Delve into Osmosis Airdrops
- Apr 20, 2024 at 05:06 am
- Osmosis airdrops, as part of marketing campaigns or user rewards, distribute free tokens to active Osmosis users. These events aim to increase token circulation and attract a broader user base. Airdrops offer opportunities for crypto enthusiasts to diversify without financial outlay, while issuing entities foster community growth and project visibility. Understanding eligibility criteria, participation instructions, and claiming procedures is crucial to capitalize on these airdrops and potentially gain free tokens within the Osmosis ecosystem.
- Senate Bill Targets Algorithmic Stablecoins, Sparking First Amendment Concerns
- Apr 20, 2024 at 05:05 am
- Coin Center, a prominent cryptocurrency advocacy group, opposes the Lummis-Gillibrand Payment Stablecoin Act, which proposes to regulate stablecoins backed by traditional currencies. Coin Center argues that the bill's ban on algorithmic stablecoins constitutes a violation of free speech rights and suggests a moratorium instead of outright prohibition.
- A Comprehensive Guide to Free Dai Stablecoin Giveaways: Strategies and Best Practices
- Apr 20, 2024 at 05:05 am
- Airdrops, a strategy within the Dai Stablecoin ecosystem, involve the distribution of free tokens or cryptocurrencies to active Dai Stablecoin wallet holders. These campaigns aim to increase token circulation, attract a wider user base, and reward platform engagement. By meeting eligibility criteria and following participation instructions, users can claim airdrops, diversifying their portfolios without financial outlay. Airdrops offer a win-win situation, allowing projects to foster community growth and enhance their visibility while providing recipients with potential gains and opportunities within the burgeoning blockchain space.
- Telegram's Notcoin Game Revolutionizes Crypto and Gaming, Outpacing Axie Infinity
- Apr 20, 2024 at 05:04 am
- Notcoin, a viral clicker game, has successfully introduced Telegram users to the world of cryptocurrency, according to Sasha Plotvinov, founder of Open Builders, the team behind the game. The game's immense popularity, with 20 million sign-ups within 26 days of its release, demonstrates the potential of gaming as a gateway into the crypto ecosystem. Plotvinov reveals that the game's original goal was to simplify the onboarding process for Telegram users, attracting millions of players through social interactions, competitions, and squad dynamics.
- Dogecoin Soars Amidst Bearish Market, Boosted by Bullish Trading Surge
- Apr 20, 2024 at 05:03 am
- Dogecoin (DOGE) has experienced a surge in trading volume, indicating a shift in sentiment from bearish to potentially bullish. The derivatives market has seen a 23% increase in volume to $3.96 billion, with Binance accounting for the majority of the activity. The spot market has also seen a 16% increase, with the DOGE/USDT pair on Binance contributing significantly.
- Bitcoin Halving 2024: Igniting Innovation in Mining Operations
- Apr 20, 2024 at 05:02 am
- The Bitcoin halving of 2024 will further alter the Bitcoin mining landscape by halving the reward for mining a block of Bitcoin. Uminers, an international distributor of crypto mining equipment, offers turnkey Bitcoin mining solutions that simplify the process of purchasing, delivering, and maintaining high-capacity miners. The company operates data centers in strategic locations, providing reliable power and advanced infrastructure for efficient Bitcoin mining. Uminers' expansion into Africa, the Middle East, and South America aims to address the growing demand for large-scale mining operations and promote the decentralization of mining power within the Bitcoin network.
- Stellar Lumens Price Forecast: Long-Term Outlook and Technical Analysis
- Apr 20, 2024 at 05:02 am
- Stellar Lumens (XLM) exhibits a slightly bullish market in April 2024. Predictive models forecast an average XLM price of $1.2 in 2026 and $107 in 2032. Technical analysis indicates resistance at $0.15 and support at $0.10. While trading volume fluctuates, the Awesome Oscillator and Bollinger Bands suggest potential bullish momentum.
- Uniswap Charts Bullish: Potential Rally Imminent Amidst Market Recovery
- Apr 20, 2024 at 05:02 am
- Uniswap (UNI) investors may find solace amidst market downturns as a bullish analysis emerges. Cryptocurrency analyst Ali Martinez's TD Sequential technical indicator signals a buy signal on UNI's daily chart, indicating a potential rally within 1-4 days. This optimistic outlook provides hope for those seeking recovery signs or investment opportunities following the recent market chaos.
- Spot Bitcoin ETFs See Decline in Inflows Ahead of Halving
- Apr 20, 2024 at 05:02 am
- Spot bitcoin ETFs have witnessed a recent decline in inflows, with a collective outflow of $165 million on Thursday. This follows a period of heavy investment in mid-March, with the sector experiencing multiple daily inflows exceeding $1 billion. As the halving approaches, which will reduce mining block rewards by half, there is speculation about its potential impact on demand for spot ETFs, which have attracted $54.1 billion in assets under management since their approval in January.
- Unlock the Secrets of Uniswap Airdrops: A Comprehensive Guide
- Apr 20, 2024 at 05:02 am
- Uniswap airdrops are free token distributions to active Uniswap platform users, serving as promotional strategies to increase token circulation and attract a wider user base. To participate, one must meet eligibility criteria like owning a minimum amount of ETH or completing specific network activities. Airdrops offer advantages to both recipients and platforms, allowing users to diversify their portfolio without financial outlay while promoting community growth for issuing entities. As Uniswap grows, users keep an eye out for these events to capitalize on potential gains and support emerging blockchain projects.
- Pushd Presale Makes Waves in E-commerce, Set to Surpass Fetch.ai's Crypto Market Gains
- Apr 20, 2024 at 05:02 am
- Amidst the crypto market's surge, investors eagerly anticipate the Pushd e-commerce platform's presale in April. While Fetch.ai remains strong at $2.73, Pushd's novel blockchain-based approach to online transactions, coupled with a 700-day lock-up for team tokens and an affordable presale price of $0.144, has garnered significant attention as a strategic investment opportunity.
- IRS Debuts New Crypto Tax Form, 1099-DA
- Apr 20, 2024 at 05:02 am
- The U.S. Internal Revenue Service (IRS) has released a draft of Form 1099-DA, designed to track and report cryptocurrency transactions. This initiative aims to streamline tax reporting for digital assets. The form, geared towards brokers, captures details such as token codes, wallet addresses, and transaction information, facilitating the assessment of tax liabilities associated with cryptocurrency transactions.
- stc Bahrain and Avalanche Team Up to Advance Web3 in the Middle East
- Apr 20, 2024 at 05:01 am
- stc Bahrain has partnered with Avalanche to launch an Avalanche Subnet as part of their Web3 Launchpad Program. This program aims to foster Web3 innovation in the Middle East and Northern Africa by providing tools and resources to startups and developers. The partnership will facilitate access to high-performance blockchain infrastructure, enabling participants to develop scalable and secure applications efficiently.
- Bitcoin Halving: Security at a Crossroads Amidst Reduced Miner Incentives
- Apr 20, 2024 at 05:01 am
- The upcoming Bitcoin Halving, scheduled for April 19, 2024, at 9:31 AM EST, will programmatically reduce the block rewards paid to miners by 50%, raising questions about how Bitcoin will afford its security budget going forward. With the debut of Runes Protocol shortly after the Halving, a new system for fungible tokens on the Bitcoin network is anticipated.
- Fezoo Exchange Presale Offers Stability Amidst Bitcoin Halving Volatility
- Apr 20, 2024 at 05:00 am
- As the Bitcoin halving approaches, the cryptocurrency market braces for volatility. Amidst this uncertainty, the Fezoo Exchange presale has garnered attention from Ethereum Classic (ETC) and Dai (DAI) investors. Fezoo integrates with DeFi, offering lending, borrowing, and staking opportunities that diversify portfolios and provide income potential amidst market fluctuations. With a focus on stability and growth, Fezoo positions itself as a sanctuary for investors navigating the volatility surrounding the Bitcoin halving.
- BlockDAG Soars as Presale Surpasses $18.5M, Eclipsing XRP and Uniswap in Market Correction
- Apr 20, 2024 at 05:00 am
- Amidst XRP's recovery struggles and Uniswap's price volatility, BlockDAG (BDAG) has emerged as a promising investment opportunity in the presale arena. Having raised $18.5 million, BDAG prepares for Batch 10 with a $0.001 price surge. The project incorporates DAG technology for scalability, speed, and security. BlockDAG's innovative approach and ambitious roadmap, including a moon-based keynote video teaser, is generating significant buzz and anticipation among crypto enthusiasts.
- Ethereum Rival Solana Poised for 7x Surge, May Overtake ETH in Market Supremacy
- Apr 20, 2024 at 05:00 am
- Crypto-analyst Ansem predicts Solana (SOL) could rally to $1,000, surpassing Ethereum (ETH) in this market cycle due to SOL's strong performance in decentralized exchange volume, daily active users, and validator data, while ETH proponents believe the altcoin can climb to $10,000 based on its revenue, TVL, and market cap.
- Dogecoin's Comeback: Bullish Volume Surge Sparks Price Rally Potential
- Apr 20, 2024 at 05:00 am
- Dogecoin's recent bearish sentiment seems to be shifting as transaction volume spikes by 23% on the derivatives market and 16% on the spot market, indicating a potential surge in bullish sentiment. The surge in trading volume is primarily driven by major crypto exchange Binance, and a private whale wallet recently acquired 100 million DOGE tokens. If trading volume continues to increase and resistance levels are broken, DOGE may embark on a price rally.