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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
- Matrixport Predicts Soaring Bitcoin Market
- Apr 01, 2024 at 04:01 pm
- In February, crypto platform Matrixport's prediction of Bitcoin reaching $63k in March became reality, with Bitcoin even surpassing $70k. Analysts remain bullish, forecasting it could reach $100k. KangaMoon and Cardano have also drawn attention, with forecasts of $1 and $7.50 respectively, making them promising altcoins to watch in the current crypto market.
- Coinbase's BASE Layer 2 Chain Sees Transaction Surge Amidst Meme Coin Craze
- Apr 01, 2024 at 04:01 pm
- BASE-based meme coins, including Degen, Brett, All Your Base, Based Shiba Inu, and Broge, surged in value this week, posting double-digit gains. As Coinbase's Layer 2 chain, BASE, experienced a record high in daily transactions, analysts see a trend towards these meme coins as a new investment category for NFT holders.
- DeeStream (DST) Captivates Uniswap (UNI) and Cosmos (ATOM) Holders as the Frontier of Decentralized Streaming
- Apr 01, 2024 at 04:00 pm
- DeeStream (DST) emerges as an innovative player in decentralized online streaming, attracting interest from holders of Uniswap (UNI) and Cosmos (ATOM). DeeStream's platform offers a decentralized connection between content creators and fans, with revenue streams shared 50/50 with presale token holders. The presale, currently in Stage 2, presents an opportunity for early investors to reap the benefits of DST tokens, including early access to platform features and revenue sharing.
- Bitcoin's Meteoric Rise: Trailblazing Comeback Shatters Bear Market Predictions
- Apr 01, 2024 at 04:00 pm
- Amidst Bitcoin's stunning rally past $67,000, liquidations surge as traders scramble to adjust. The crypto giant leaves a trail of demolished short positions, with $164.10 million wiped out. Meanwhile, Borroe Finance emerges as a trailblazer in AI-powered DeFi, enhancing oracles and liquidity pools with its innovative approach. The platform's CrossFi solutions and NFT gaming offerings further solidify its position as a rising star in the decentralized finance landscape.
- Bitcoin Consolidates After Growth, Market Sentiment Remains Positive
- Apr 01, 2024 at 04:00 pm
- The cryptocurrency market capitalization has decreased to $2.63 trillion, with major coins experiencing minimal movement in the past 24 hours. Bitcoin has faced significant selling pressure, with Ethereum, BNB, and Solana experiencing losses, while Dogecoin and Toncoin have seen gains. Bitcoin's latest drop below $69K suggests a consolidation phase, but further confirmation of its completion is necessary. The month of April historically favors Bitcoin, with an average increase of 21.6% over the past 13 years.
- Shiba Inu Burns Skyrocket 2,230%, Billions of SHIB Vanish
- Apr 01, 2024 at 03:56 pm
- The Shiba Inu community has made significant progress in reducing the coin's supply, with the burn rate surging by 2,330% in March. Over 15 billion SHIB coins were removed from circulation, primarily by the developer team using Shibarium fees. Despite these efforts, daily transactions on Shibarium have hit a new low, while the total transaction count continues to rise.
- Shiba Inu Token Burn Milestone: Over 15 Billion SHIB Burned in March
- Apr 01, 2024 at 03:56 pm
- The Shiba Inu community and developers have made significant progress in reducing the coin's supply, with over 15 billion SHIB burned in March, a 2,330% increase in the burn rate. The majority of the burn was executed by the SHIB development team, who utilized Shibarium fees to permanently remove SHIB from circulation.
- Tron Defies SEC Authority in Landmark Legal Showdown Over Digital Asset Sales
- Apr 01, 2024 at 03:51 pm
- Tron has requested the dismissal of an SEC lawsuit in a New York federal court, arguing that the SEC lacks jurisdiction over transactions primarily targeting foreign buyers on global platforms. Tron counters the SEC's allegations of unregistered securities offerings by stating that the sales were intended for non-U.S. markets and that deliberate measures were taken to exclude the U.S. market.
- Tether Dominates Bitcoin Accumulation, Bolstering Reserves to Over 75,000 BTC
- Apr 01, 2024 at 03:51 pm
- Tether, issuer of the leading stablecoin USDT, has significantly increased its Bitcoin (BTC) reserves by acquiring 8,889 BTC, boosting its total holdings to over 75,000 BTC, valued at $5.3 billion. This strategic move strengthens Tether's position as the seventh largest Bitcoin address globally and solidifies its commitment to investing in Bitcoin as a reserve asset, generating substantial returns and reinforcing its role as a diversified investor and infrastructure builder within the digital asset industry.
- DeeStream Presale Surges with UNUS SED LEO and Dai Holders Taking Notice
- Apr 01, 2024 at 03:50 pm
- DeeStream (DST) is generating significant interest in the crypto market, attracting holders of UNUS SED LEO and Dai due to its potential for exceptional growth in 2024. DeeStream aims to revolutionize the streaming industry with a decentralized platform, offering censorship-free content, transparent operations, and rapid payouts. Market analysts predict a 100X growth for DST, with its presale currently in Stage 2 at $0.055 per token.
- GTA 5 Source Code Leak Unleashes Modding Frenzy, Brings Game to New Horizons
- Apr 01, 2024 at 03:48 pm
- The leak of GTA 5's source code has inspired modders to explore its potential on new platforms, including the Nintendo Switch. While some showcase progress in porting the game to Android and the Switch, the authenticity of these videos remains uncertain. Despite concerns about the Switch's capabilities, Rockstar's history of porting games to the platform and the game's initial release on less powerful hardware fuel anticipation. Modders are also exploring the possibility of bringing GTA 5 to Android devices, opening up exciting possibilities but also raising concerns about publisher intervention.
- Algorand and NFTFN Soar in Crypto Market Surge
- Apr 01, 2024 at 03:44 pm
- Amidst positive market sentiment, Algorand (ALGO) has surged by 15%, signaling the start of a bullish trend. With analysts predicting a 100x profit for NFTFN in 2024, investors are eagerly observing the platform's unique offerings, which include a perpetual DEX for NFTs and a simplified entry point into the NFT market.
- Meme Coins: Valueless or a Buzz for Blockchains?
- Apr 01, 2024 at 03:43 pm
- BitMEX founder Arthur Hayes disagrees with the criticism that meme coins are "stupid and valueless," claiming they can provide value to the blockchains they exist on. Hayes believes the recent rise of Solana was partly driven by meme coins, as their popularity attracts users and engineers to the network. Ethereum co-founder Vitalik Buterin suggests that meme coins should focus on utility and charitable causes, while Anatoly Yakovenko, co-founder of Solana Labs, views charitable donations as "nihilistic" and encourages meme coin holders to engage in positive actions instead.
- Mastering Bitcoin Investments: A Detailed Guide for Today's Investors
- Apr 01, 2024 at 03:43 pm
- Bitcoin, a popular digital currency powered by blockchain technology, has attracted modern investors seeking profitability. Investing in Bitcoin requires knowledge and careful navigation. Understanding the methods, such as direct purchases, ETFs, and stocks, is crucial. Additionally, managing security risks through safe digital wallets, diversifying investments to mitigate risk, and employing strategies like dollar-cost averaging, day trading, and buy-and-hold are essential considerations. By educating oneself, investors can leverage the potential benefits of Bitcoin investing, including inflation protection, value storage, and high market liquidity.
- Bitwise Stakes Out Dominant Position in Ethereum ETF Arena
- Apr 01, 2024 at 03:43 pm
- Bitwise Chief Investment Officer Matt Hougan projects a promising future for the firm in the Ethereum ETF market with the recent filing for a Spot Ether ETF. Aiming to emulate the success of Spot Bitcoin ETFs, the proposed "Bitwise Ethereum Trust" intends to invest directly in Ethereum and utilize staking for returns. Despite the challenge of diverting attention from Bitcoin among financial advisors, Hougan anticipates a gradual embrace of Ethereum ETFs, with the initial focus on Bitcoin serving as an entry point for diversification.
- Google Podcasts App to Be Discontinued; Users Urged to Move to YouTube Music
- Apr 01, 2024 at 03:42 pm
- Google Podcasts, an audio streaming app launched in 2018, is set to be discontinued on April 2nd, 2024, with Google urging users to switch to YouTube Music for podcasts. The shutdown will initially affect users in the United States, with plans for other regions still uncertain. Google's integration of podcasts into YouTube Music is seen as a strategy to unify its offerings and capitalize on the growing popularity of video podcasts.
- Bitcoin Plus Rated as Moderate Risk by InvestorsObserver
- Apr 01, 2024 at 03:41 pm
- InvestorsObserver assigns Bitcoin Plus (XBC) an average risk score, indicating it is not highly susceptible to manipulation based on recent price movements and trading volume. The proprietary scoring system ranges from 0 to 100, with lower scores indicating higher risk. XBC's moderate risk assessment suggests it is not a highly risky investment but should be approached with caution.
- Crypto Visionary Davinci Jeremie Urges Investors to 'Not Miss Out' on Shiba Inu
- Apr 01, 2024 at 03:39 pm
- Davinci Jeremie, a renowned Bitcoin advocate since 2011, recently endorsed the potential of Shiba Inu (SHIB) as a long-term investment. In response to an inquiry, Jeremie advised investing in SHIB, citing its similarities to his 2013 recommendation to buy Bitcoin, which has since yielded exceptional returns.
- Ethereum Soars to New Heights: Record Wallet Count and Ether Valuation Surge
- Apr 01, 2024 at 03:38 pm
- Ethereum's native crypto, Ether (ETH), has experienced a significant increase in value and a surge in the number of wallets holding the asset. Ethereum now boasts over 118,230 wallets, representing an all-time high and reflecting the enthusiasm of crypto investors.
- Crypto Craze Erupts: Raboo, Solana, Stacks Emerge as Bull Run Contenders
- Apr 01, 2024 at 03:37 pm
- Amidst the crypto frenzy, three hot assets emerge: Raboo, Solana, and Stacks. Raboo, a novel AI-backed meme coin, captures attention with its presale price of $0.003 and innovative Social-Fi model. Solana, a scalable network, regains momentum with rising on-chain activities and DeFi adoption. Stacks, affiliated with Bitcoin, exhibits resilience and growth potential through its Nakamoto Upgrade and testnet launch. These assets offer diversification and are poised for remarkable returns in the next bull run.