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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 / 26
- Renzo Protocol: Reshaping the Security Landscape of Ethereum with Liquid Restaking
- Apr 26, 2024 at 06:01 pm
- Renzo Protocol, a Liquid Restaking Token and strategy manager built on EigenLayer, simplifies complex restaking strategies for users, allowing them to earn rewards by securing external systems and applications. EigenLayer is a protocol that enables the repurposing of Ethereum for consensus layer validation and securing other applications known as Actively Validated Services (AVS). Renzo Protocol offers an easy-to-use interface, simplifying the process of selecting optimal restaking strategies to maximize rewards while managing risks associated with AVSs. Users can stake native ETH or Liquid Staking Tokens (LSTs) to receive Renzo's Liquid Restaking Token (ezETH), which represents their restaked position.
- Satoshi Sale Shatters Records, Boosting Bitcoin Adoption
- Apr 26, 2024 at 06:01 pm
- In a groundbreaking event for the cryptocurrency world, a single satoshi, the smallest unit of Bitcoin, has sold for a record-breaking 33.3 Bitcoin, or $2.13 million, at a CoinEx Global auction. This epic sale, which attracted 34 bids, underscores the growing acceptance and appreciation of Bitcoin as a valuable asset.
- Jupiter's Stellar Rise Signals Imminent Surge, Aptos Ascend Fuels APT's Ascent
- Apr 26, 2024 at 06:00 pm
- Jupiter (JUP) and Aptos (APT) surged 25% and 17% respectively amidst market downturns, fueled by ecosystem advancements like Aptos Ascend. Experts predict continued growth for JUP and APT, highlighting their potential in 2024. Additionally, Milei Moneda ($MEDA) emerges as a promising investment with its ongoing presale offering potential returns and exclusive perks.
- OpenSea NFT Trading Slumps Amid Market Dip and Blur's Surge
- Apr 26, 2024 at 06:00 pm
- OpenSea, the leading NFT marketplace, has witnessed a significant 40% drop in sales volume since April's inception. Despite a decline in active users and NFT sales, the platform's rival, Blur, has surged, capturing a substantial 79% market share in NFT transactions over the past week.
- Portal: A Rising Star in the Blockchain Realm
- Apr 26, 2024 at 06:00 pm
- Portal (PORTAL) is a cryptocurrency that can be bought on centralized exchanges such as OrangeX, MEXC, and Binance. Its trading volume in the last 24 hours is $30,638,454.43, with a 30.50% decrease from the previous day. Portal's all-time high price of BTC0.00005366 was set on February 29, 2024, while its all-time low of BTC0.00001274 was recorded on April 13, 2024. As of today, Portal's market capitalization is BTC2,366.0922, placing it at 363rd position on CoinGecko.
- Bybit Web3 Pioneering Bitcoin Layer 2 Adoption with Groundbreaking Airdrop Campaign
- Apr 26, 2024 at 06:00 pm
- Bybit Web3, an extension of Bybit, one of the world's top three crypto exchanges by volume, launches the industry's first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade. This endeavor aims to accelerate the adoption of Bitcoin Layer 2 solutions by offering exclusive airdrop rewards and a seamless onboarding experience. With partnerships with leading Layer 2 protocols such as BEVM, B² Network, Mirror Staking Protocol, and Tuna Chain, participants in the campaign can claim a share of a prize pool exceeding $400,000 USD in TGE tokens.
- Simpleminers Unveils Revolutionary Shared Cloud Mining Model, Empowering Investors to Mine Bitcoin with Ease
- Apr 26, 2024 at 06:00 pm
- Simpleminers, a leading Bitcoin mining provider, has introduced a shared cloud mining business for institutional and individual investors with low capital. This service eliminates the need for investors to purchase and maintain mining equipment, allowing them to invest by purchasing mining contracts. The cloud mining business provides Simpleminers with a steady stream of funds for deploying computing power and increasing Bitcoin production, while investors can avoid asset fluctuations and output unpredictability.
- Bitcoin Navigates Market Volatility, Poised for Potential Upswing
- Apr 26, 2024 at 06:00 pm
- Bitcoin's price action has been range-bound within $70,000-$60,000 since mid-March, despite external factors. Market participants anticipate a direction shift based on upcoming CPI data on May 15th. The monthly chart indicates the need to hold $61,000, while higher time frames, such as 2-month and 3-month charts, suggest potential bullishness with support at previous candle tops in 2021.
- Bitkub Blockchain's KUB Coin Listed on Global Crypto Exchange Bitget
- Apr 26, 2024 at 05:59 pm
- Bitkub Blockchain Technology, Thailand's leading blockchain solution provider, has announced the listing of its native KUB coin on Bitget, the 12th largest global cryptocurrency exchange by trading volume. This marks the first time that KUB is available for trading on the KAP-20 network outside of the Bitkub Exchange, enabling global investors to access Bitkub's ecosystem and its diverse offerings in the fields of DeFi, GameFi, Metaverse, and NFT.
- Tether Revamps Asset Management with Revolutionary Tokenization Platform
- Apr 26, 2024 at 05:59 pm
- Tether's new digital asset tokenization platform offers a non-custodial, multi-chain, multi-asset framework that is highly customizable. The platform supports various blockchain ecosystems, financial and physical assets, and prioritizes security with non-custodial storage and multisig wallets.
- Polygon's MATIC Token Primed for Bullish Rebound, Aims for $1 in 2024
- Apr 26, 2024 at 05:57 pm
- Amidst a market correction, Polygon (MATIC) faces a pivotal moment with a 42% pullback in the past six weeks. Buyers attempt to establish support at $0.70, hinting at a potential reversal. Technical indicators show a bearish bias, but a morning star pattern suggests a turnaround possibility. A bullish revival could drive MATIC towards $1 in May 2024, while a break below $0.70 may lead to a drop to $0.50.
- Retik Finance Emerges as Contender for Viral Altcoin Dominance, Inspired by Shiba Inu's Success
- Apr 26, 2024 at 05:55 pm
- Retik Finance (RETIK), an emerging altcoin in the crypto space, has captured investor attention with its potential to emulate the success of Shiba Inu (SHIB). Unlike meme coins, RETIK emphasizes utility and security through its innovative DeFi solutions. Its presale success, strong community support, and focus on scalability position it as a formidable competitor to SHIB. As investors speculate on the future of RETIK, its potential to become the next viral altcoin sensation remains a topic of intrigue.
- Bitcoin Miners Cash In During Transaction Fee Surge from Innovative Protocol
- Apr 26, 2024 at 05:53 pm
- Bitcoin miners are experiencing a revenue boost due to increased transaction fees from Bitcoin Runes, a protocol allowing for fungible token issuance on Bitcoin. These fees make up approximately 30% of block rewards since the halving, adding almost one BTC to miner earnings. As transaction fees remain higher than historical averages, this increase is expected to lower mining costs and boost profitability for companies like TeraWulf, one of the largest Bitcoin mining firms.
- Altcoins Surge in Popularity, Leading Trailblazers Like ButtChain to Take the Crypto World by Storm
- Apr 26, 2024 at 05:51 pm
- Amidst the rising popularity of altcoins, several promising tokens have emerged as top trends this month. These include ButtChain (BUTT), a unique altcoin with a humorous Proof of Butt consensus mechanism; Ondo (ONDO), offering access to tokenized real-world assets; Polkadot (DOT), promoting blockchain interoperability; Core (CORE), combining Proof of Work and Proof of Stake mechanisms; and Toncoin (TON), powering a high-speed, scalable blockchain for mass adoption.
- Bitcoin's Resurgence: Buy or Sell? Experts Weigh In
- Apr 26, 2024 at 05:50 pm
- Bitcoin, once plummeting in value, has quadrupled since November 2022. Ark Invest's Cathie Wood predicts a 5,600% surge due to increased demand from new ETFs and the cryptocurrency's halving event. However, Rep. Shri Thanedar holds a contrasting view, recently selling his Bitcoin stake and expressing skepticism towards both cryptocurrencies and stocks.
- Meme Coins: Eyesore or Educational Avenue? Venture Capital Weighs In
- Apr 26, 2024 at 05:49 pm
- Meme coins, a rapidly growing sector within the crypto industry, have drawn criticism from venture capital executives. Eddy Lazzarin, CTO of A16Z, has denounced meme coins as "an eyesore" that paint a negative picture of crypto for regulators and hinder mainstream adoption. Critics argue that meme coins, known for their volatility and lack of technical innovation, resemble unregulated casinos and cast a negative light on the crypto industry as a whole.
- Franklin Templeton Revolutionizes Treasury Bill Access with Tokenization, Unveils $380 Million 'BENJI' Fund
- Apr 26, 2024 at 05:49 pm
- Franklin Templeton, with its 32% market share in the tokenized US Treasuries sector, has launched a $380 million tokenized United States Government Money Fund (FOBXX) named BENJI tokens. These tokens, initially available on Polygon and Stellar blockchains, aim to simplify transactions, enhance liquidity, and democratize asset management through direct P2P exchanges.
- $SNUKE: South Park-Inspired Meme Coin Set to Conquer Solana
- Apr 26, 2024 at 05:48 pm
- $SNUKE, a Solana-based meme coin inspired by the humor of South Park, launches its pre-sale today. With 60% of tokens allocated for early adopters, $SNUKE capitalizes on the popularity of meme coins on Solana, a blockchain known for its speed and affordability. The pre-sale offers a unique opportunity to invest in a meme coin poised to make waves within the cryptocurrency community.
- Solana Memecoin Trader Cashing Out Millions from Lucrative Trades
- Apr 26, 2024 at 05:46 pm
- A trader has made millions in profits by flipping meme tokens on the Solana blockchain, including BONK, WIF, and BODEN. After noticing the upward trend of these tokens, the trader bought and sold them at strategic points, securing approximately $22.83 million in total profits. Despite having cashed out a significant portion of their gains, the trader still holds millions of dollars worth of meme tokens, as well as investments in new memecoins like PUPS and POPCAT.
- Blockchain Luminary Yao Qian Faces Scrutiny in China
- Apr 26, 2024 at 05:44 pm
- Following the discovery of severe violations of discipline and law, Yao Qian, a prominent blockchain figure and former Director of China's Central Bank Digital Currency Research Institute, is currently under investigation by both the Central Committee's Discipline Inspection and Supervision Team and the Supervisory Committee of Guangdong Province.