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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 / 25
- French Investors Flock to Crypto and Tech Stocks, Tether Surpasses Bitcoin
- Apr 25, 2024 at 10:40 am
- In March 2024, French investors demonstrated significant activity in the cryptocurrency market, with Tether (USDT) unexpectedly surpassing Bitcoin (BTC) in popularity. The stablecoin's dominance can be attributed to its role in facilitating transactions within the broader digital asset ecosystem. Meanwhile, Bitcoin achieved new all-time highs due to institutional inflows, but its journey was marked by a sharp correction that triggered substantial liquidations. Ethereum's price fluctuated amidst expectations of the Danksharding hard fork, while Nvidia remained the most favored company, driven by its strong association with artificial intelligence. Despite a less positive stock performance, Tesla retained its position as the second most popular company, with updates on its revamped Model 3.
- Baby Doge Coin: Comprehensive Analysis Reveals Price Predictions and Investment Feasibility
- Apr 25, 2024 at 10:33 am
- Baby Dogecoin (BABYDOGE) has experienced recent growth, with a 33.6% increase over the last 7 days. A proposal to reduce transaction fees to 0% on the BNB chain has garnered overwhelming support, indicating strong retail investor belief in the move. Whale transactions have increased gradually, suggesting that larger investors are also optimistic about the change. BabyDOGE has ambitious price predictions, aiming to reach $0.01 by 2030. However, reaching this target is highly unlikely, even with an aggressive burn program. Nevertheless, BABYDOGE provides passive income through reflections and has expanded its offerings with Baby Doge Swap and NFT collections. It may be considered a moderate investment option, but it is not recommended as a long-term hold.
- Justin Bieber's NFT Investments Tank 95%, Raising Red Flags About Digital Asset Value
- Apr 25, 2024 at 10:20 am
- Arkham Intelligence released data on renowned artist Justin Bieber's NFT collection, showing a 94.7% drop in value since his 2022 purchases at the height of NFT popularity. Bieber's original $2 million investment is now worth around $100,000. Additionally, his crypto wallet holds $500,000 in Ethereum and Apecoin, with notable NFT investments including Bored Ape Yacht Club and Mutant Ape Yacht Club collections, now significantly devalued.
- Chedda and Jetvoy Forge Strategic Partnership to Revolutionize Travel and Finance
- Apr 25, 2024 at 10:17 am
- Chedda Token, a pioneer in DeFi and now on Solana, announces its partnership with Jetvoy, a leading travel platform partnered with Booking.com and TripAdvisor. This collaboration empowers Chedda users with exclusive travel deals and discounts, while Jetvoy users gain access to seamless cryptocurrency transactions. The partnership merges Jetvoy's travel expertise with Chedda's community-driven finance, aiming to revolutionize the travel and finance experience for a global audience.
- Meme Coins Surge Post-Bitcoin Halving: Shiba Inu, Pepe, Raboo Lead Bullish Charge
- Apr 25, 2024 at 10:07 am
- Following the recent Bitcoin Halving event, the cryptocurrency landscape has witnessed a surge in market bullishness, invigorating investors' sentiments. Notably, the rise of Meme Coins has sparked an exciting phase of growth and innovation within the broader crypto market. Among these, Shiba Inu, Pepe, and the emerging star Raboo are leading the charge with substantial gains.
- Mantle Price Poised for 30% Surge, Sentiment Neutral
- Apr 25, 2024 at 10:02 am
- Mantle price is anticipated to rise by 30.15% to $1.54 within the next five days, according to our prediction. Despite a 4.97% daily decline, MNT has gained 39.67% over the past month and 138.99% over the past year. Technical indicators show a neutral sentiment, with 67% indicating a positive forecast. The Fear & Greed index is at 71 (Greed), suggesting investor optimism. Key support and resistance levels are $1.21 and $1.25, respectively. However, cryptocurrency markets remain volatile, and predictions may change.
- Meta's AI Ambitions Tank Stock Amidst Metaverse Woes
- Apr 25, 2024 at 10:01 am
- Meta (META) shares plunged 15% in after-hours trading due to a downgraded revenue outlook for Q2, coupled with aggressive spending plans for AI initiatives. Despite exceeding revenue expectations in Q1, Meta anticipates rising expenses and continued losses in its metaverse division, Reality Labs. The company's focus on AI investments, including the development of its Llama 3 AI model, aims to support long-term growth but has raised concerns among investors.
- Bitcoin Poised for Pivotal Data Test Amid Inflow Surge
- Apr 25, 2024 at 10:01 am
- Investors should consider US economic data, including the upcoming Q1 2024 GDP numbers, which could influence Bitcoin's performance through the BTC-spot ETF market. The US economy is predicted to expand by 2.5% in Q1 2024, potentially impacting the Fed's rate path and affecting BTC inflows and price trends.
- BlockDAG Emerges as a Crypto Investment Powerhouse with 30,000x ROI Potential
- Apr 25, 2024 at 10:00 am
- Top Altcoins to Watch: BlockDAG Leads with 30,000x ROI Potential, Outperforming Doge Uprising, Ethereum Classic, Internet Computer, and Stellar Lumens. BlockDAG's revolutionary blockchain-DAG architecture, coupled with its low-code/no-code smart contract platform and EVM integration, positions it as an industry leader with unparalleled growth opportunities, making it a standout in the competitive altcoin landscape.
- HBAR Surges 100% Amid BlackRock Buzz, Analysts Cite Platform Strength
- Apr 25, 2024 at 10:00 am
- In an unexpected surge, the native token of decentralized ledger platform Hedera, HBAR, experienced a significant price increase of over 100% driven by initial confusion regarding the tokenization of a BlackRock fund on the Ethereum blockchain.
- Ethereum Gloomy, Dogecoin Down, While Milei Moneda Presale Opens Door to Early Profits
- Apr 25, 2024 at 10:00 am
- Ethereum may face further decline due to recent legal concerns with the US SEC. Dogecoin (DOGE) could drop to $0.095 before the end of April. Milei Moneda’s ($MEDA) presale secures high returns for early investors.
- Dogecoin Faces Uncertain Future: Cautious Forecast Amidst Bullish Predictions
- Apr 25, 2024 at 10:00 am
- Dogecoin's price trajectory has sparked contrasting opinions among crypto analysts. While some hold a bullish outlook, others, like Pav Hundal of Swyftx, express skepticism about the meme coin reaching $1. Hundal reasons that the presence of investors who purchased DOGE at inflated prices could lead to significant sell pressure as the price rises. Additionally, he anticipates decreased liquidity as traders shift towards emerging meme coins.
- Bitcoin Rainbow Chart Signals Accumulate: Major Rally Predicted
- Apr 25, 2024 at 10:00 am
- The Bitcoin Rainbow Chart indicates that the current BTC price level is in the "accumulate" zone, suggesting it is undervalued. Prediction models and analysts such as Standard Chartered, Bernstein, CryptoQuant, and Arthur Hayes forecast a significant BTC rally in the next few months, with projections ranging from $100K to $200K. These forecasts suggest that Bitcoin's current price is a bargain and offers potential for substantial returns in the near term.
- Navigating the Cryptocurrency Market: Passive Income Opportunities and Market Insights
- Apr 25, 2024 at 10:00 am
- In a dynamic cryptocurrency market, investors are encouraged to diversify their income streams. Injective's recent bearish trend and Ethereum Classic's decline highlight the importance of diversifying your portfolio. BlockDAG offers a solid option through its presale and mining endeavors. The BlockDAG X30 miner, with its impressive 280 GH/s hash rate and earnings potential of $30 per day, makes home mining accessible and rewarding. BlockDAG has raised over $19.7 million in its presale, showcasing its potential for significant returns.
- BlackRock's Minimal Involvement in Fund Tokenization on Hedera Clarifies Market Misconceptions
- Apr 25, 2024 at 09:51 am
- Responding to market confusion surrounding BlackRock's role in Hedera blockchain tokenization, Archax CEO Graham Rodford clarified that the asset manager was not directly involved. Despite tokenizing the ICS US Treasury Fund on Hedera, Rodford emphasized that Archax approaches investment managers for long-term relationships but does not necessarily require their involvement in the tokenization process. Rodford's comments shed light on the nuances of tokenization initiatives and the varying levels of engagement by participating entities.
- Monero: The Epitome of Privacy in Crypto
- Apr 25, 2024 at 09:47 am
- Monero, renowned for its unshakeable dedication to privacy, stands out in the realm of digital currencies. Emphasizing the importance of transaction confidentiality, it addresses the growing concern of privacy in today's cryptocurrency landscape. amidst meticulous tracing of digital footprints, Monero's relentless commitment to privacy responds strategically to the need for secure transactions. With innovative features like ring signatures and Kovri integration, Monero offers a multi-layered approach to protecting user privacy, making it a formidable force in the privacy-focused cryptocurrency space.
- Stacks Nakamoto Upgrade Unleashes Bitcoin's Layer 2の可能性
- Apr 25, 2024 at 09:39 am
- Stacks, the prominent Bitcoin layer 2, initiated the long-awaited rollout of its Nakamoto upgrade. As a scaling solution for Bitcoin, Stacks allows developers to build smart contracts and applications on Bitcoin's secure base layer, unlocking new use cases and tapping into Bitcoin's dormant capital. The Nakamoto upgrade brings enhancements such as faster (5-second) blocks, reduced transaction costs, and enhanced irreversibility, further bolstering Stacks' position as a dependable network for Bitcoin smart contract developers.
- XRP's Automated Market Makers Surge, Spurring Bullish Predictions
- Apr 25, 2024 at 09:30 am
- The total value locked (TVL) in the XRP Ledger's automated market makers (AMMs) has surpassed $7 million, a significant increase from $5 million just a few weeks ago. The locked assets, which include XRP, Sologenic, USD Coin, Bitcoin, and Coreum, are currently valued at around $4 million, with XRP tokens accounting for approximately $2 million of the total. The SOLO/XRP AMM pool holds the largest share of locked assets, followed by the USDC/XRP pool. The rise in locked XRP comes shortly after Ripple announced plans to launch a stablecoin pegged 1:1 to the US dollar.
- Offshore Bitcoin Trading Shake-up: Binance Loses Market Share Amidst Fierce Competition
- Apr 25, 2024 at 09:30 am
- Offshore Bitcoin trading markets are diversifying, with Binance's market share shrinking from 81.3% to 55.3% due to increased competition and the removal of its zero-fee promotion. Bybit has emerged as a leading player, capturing 9.3% of non-U.S. Bitcoin trading volume, benefiting from expanding volumes and a focus on regions like Asia. Binance faces regulatory challenges stemming from its $4.3 billion deal with U.S. regulators, adding to the competitive landscape and prompting a reevaluation of its operations.
- Tether's Decisive Action: Combating Sanction Evasion in Venezuela Reshapes Global Finance
- Apr 25, 2024 at 09:20 am
- Tether's decisive action against cryptocurrency use for sanction evasion in Venezuela underscores its commitment to financial regulatory compliance and prevention of illicit activities. Prompted by the increasing use of their stablecoin USDT by Venezuela's PDVSA to circumvent US sanctions, Tether has frozen wallets linked to OFAC's SDN list, demonstrating a proactive stance in combating illicit financial endeavors and upholding global financial integrity.