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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
- Tether's Fusion with TON Strengthens Its Blockchain Reign
- Apr 25, 2024 at 03:00 pm
- Tether's $60 million issuance on The Open Network (TON) has established TON as the 11th-largest Tether platform among 16 blockchains. The strategic collaboration involves Tether Gold (XAUT) stablecoin introduction, emphasizing cross-border payment efficiency through Telegram's 900 million users. Despite TON's growth, Tron remains the dominant Tether network with a $57.8 billion presence, while Ethereum holds $51 billion despite decreasing circulation due to expanding network support to mitigate Ethereum fees.
- Bitcoin's Price Fate: Experts Predict Boom or Bust
- Apr 25, 2024 at 03:00 pm
- The future trajectory of Bitcoin remains uncertain as analysts offer contrasting predictions. Some, like Peter Schiff, anticipate a sharp decline towards $20,000, while others, such as Tuur Demeester, view the current $60,000 level as a potential floor. Beyond immediate price movements, analysts emphasize Bitcoin's underlying fundamentals, such as its falling inflation rate and potential to surpass gold's market capitalization, suggesting a favorable long-term outlook.
- DTX Exchange: The Cryptocurrency Phenomenon Poised to Challenge SOL and AVAX
- Apr 25, 2024 at 03:00 pm
- DTX Exchange (DTX) emerges as a formidable challenger to crypto giants like Solana (SOL) and Avalanche (AVAX). With innovative distributive liquidity pools, a vast asset selection, and a unique leverage feature, DTX aims to revolutionize trading, offering traders optimized asset management and minimal slippage. The project's community involvement, mega airdrop potential, and early presale price of $0.02 make it an attractive investment opportunity, with experts predicting potential gains of over 500%.
- KangaMoon: Meme Coin Star Ascends, Dominating Market with GameFi and SocialFi Innovation
- Apr 25, 2024 at 03:00 pm
- In a market poised for bullish growth, KangaMoon (KANG) emerges as a promising meme coin to watch in 2024. With over $5 million raised in presale and expanding community involvement, KANG is poised to make significant strides. Combining GameFi and SocialFi elements, KangaMoon offers unique rewards for gamers and spectators, attracting investor interest.
- Core, Bonk, KangaMoon: Rising Altcoins Surging in the Evolving Crypto Universe
- Apr 25, 2024 at 03:00 pm
- In the ever-changing crypto market, Core (CORE), Bonk (BONK), and KangaMoon (KANG) emerge as top-performing altcoins. CORE continues its bullish trend, with a predicted rise to $3.02; BONK also shows an upward trajectory, potentially reaching $0.000022. However, KangaMoon (KANG), an up-and-coming presale altcoin, draws attention with potential 100x growth in 2024 due to its Play-to-Earn gaming focus and community engagement initiatives.
- Cryptocurrency Buzz: Injective, Optimism, and KangaMoon Shake Up the Industry
- Apr 25, 2024 at 03:00 pm
- Cryptocurrency markets are witnessing significant developments: Optimism (OP) price trends analyzed by Andrew Griffiths highlight potential future directions. Injective (INJ) partners with Jambo Technology to enhance Web3 integration, expanding its accessibility. KangaMoon (KANG), a meme coin project, emerges with unique features and a promising presale performance, attracting investor attention in the meme coin market.
- Neura's AI-Powered Layer-1 Blockchain Unveils Public Testnet, Igniting Innovation
- Apr 25, 2024 at 02:58 pm
- Neura, an AI-centric layer-1 blockchain, has launched its public testnet, marking the start of its "Road to Mainnet" journey. The testnet allows developers to build dApps leveraging AI and blockchain technology. Alongside this, the AI Innovator Competition challenges developers to create innovative decentralized AI models and apps using Neura's unique capabilities. An additional reward system for ANKR token holders will incentivize participation and support the ecosystem's growth.
- Robinhood Unveils Shiba Inu Trading in New York, Advancing Crypto Adoption
- Apr 25, 2024 at 02:55 pm
- Robinhood has extended its trading services to New York customers, enabling them to join the global crypto community and trade Shiba Inu (SHIB). Additionally, Robinhood has added Compound (COMP) and Avalanche (AVAX) to its platform, bringing the total number of crypto assets available to New Yorkers to 11. The move comes after regulatory hurdles previously prevented Robinhood from listing SHIB in the state, known for its strict crypto regulations.
- NFT Surge Boosts Peer-to-Peer Trading on ArtLovePower Marketplace
- Apr 25, 2024 at 02:54 pm
- Amidst a bullish cryptocurrency market, the NFT sector has experienced a surge in trading volumes. LovePower Marketplace, a pioneering NFT platform, enables users to not only buy and sell NFTs but also engage in peer-to-peer (P2P) exchanges, facilitating the seamless transfer of ownership rights and digital art assets.
- Hong Kong Emerges as Global Fintech Leader with Launch of Spot Bitcoin and Ether ETFs
- Apr 25, 2024 at 02:52 pm
- Hong Kong is poised to become Asia's first major financial hub to integrate cryptocurrency products into its mainstream investment offerings. On April 30th, the city will introduce spot Bitcoin and Ether exchange-traded funds (ETFs), managed by prominent asset managers like China Asset Management and Harvest Fund Management. This strategic move by the Securities and Futures Commission aims to establish Hong Kong as a global digital asset hub, attracting investors who seek exposure to cryptocurrencies without direct ownership.
- Cardano, Ethereum, and KangaMoon Take Center Stage in Volatile Crypto Market
- Apr 25, 2024 at 02:46 pm
- Amidst volatile market conditions, the crypto industry witnesses price fluctuations across various assets. Notably, Cardano (ADA) surges 500% in fund flows, while Ethereum (ETH) experiences a 3.66% price increase. The emerging meme coin, KangaMoon (KANG), gains traction with its upcoming presale, reaching $5 million in revenue and attracting over 20,000 registered users. KANG's innovative SocialFi and GameFi integration, along with its vibrant community, positions it as a potential frontrunner in the meme coin market.
- Magic Eden Integrates Bitcoin Runes, Enhances NFT Marketplace Capabilities
- Apr 25, 2024 at 02:43 pm
- Magic Eden, a renowned NFT marketplace, has officially launched support for Bitcoin Runes, offering users novel capabilities through its Beta program. Key features include the Runes Table View, a customizable purchasing page with filter options and lot size customization, and the Runes Splitter, which empowers users to split their Runes into customized lots for enhanced token management. Magic Eden plans to introduce additional features such as the Discovery Tab for exploring trending options and Swaps Mode for simplified selection of Bitcoin amounts.
- Ripple CTO: Stablecoin Won't Hurt XRP's Utility as Bridge Currency
- Apr 25, 2024 at 02:37 pm
- In response to growing concerns about the impact of Ripple's upcoming stablecoin on XRP's role as a bridge currency for ODL, CTO David Schwartz clarified that Ripple remains committed to promoting XRP adoption where it provides optimal solutions. Schwartz emphasizes the importance of encouraging payment solutions that can settle with XRP efficiently and removing any barriers that hinder its use as the most optimal settlement option.
- Crypto Market Resurges in March 2024: Top 8 Performers Drive Rally
- Apr 25, 2024 at 02:34 pm
- Over the past month, the crypto market has experienced notable volatility with several top 20 cryptocurrencies showing strong gains. Shiba Inu (SHIB), Toncoin (TON), Dogecoin (DOGE), Bitcoin Cash (BCH), NEAR Protocol (NEAR), Solana (SOL), Binance Coin (BNB), and Avalanche (AVAX) led the surge, with impressive percentage increases demonstrating resilience and renewed investor interest.
- Dogwifhat Tumbles 30% Amid Market Correction, Slothana Presale Gains Traction
- Apr 25, 2024 at 02:32 pm
- Dogwifhat (WIF) has plummeted nearly 30% as the meme coin market continues its downtrend. Despite top meme coins like DOGE and SHIB struggling, Slothana ($SLOTH), a new Solana-based presale meme coin, has emerged as a potential option for investors seeking to regain losses. Slothana's laid-back sloth mascot and straightforward presale approach have attracted attention, with rumors of involvement from the successful Smog ($SMOG) project further fueling interest. As a Binance listing looms just weeks away, Slothana is poised to become the next breakout meme coin in the Solana ecosystem.
- Top Takeaways of the Q1 2024 Crypto Report - Coindoo
- Apr 25, 2024 at 02:31 pm
- A strong start to 2024 for cryptocurrency, marked by the approval of US spot Bitcoin ETFs and anticipation for Bitcoin Halving. The crypto market experienced a 64.5% growth, reaching $2.9 trillion on March 13th, significantly surpassing the previous quarter's growth. Bitcoin reached a new all-time high of $73,098, and the US spot Bitcoin ETFs held over $55.1B in assets under management. Ethereum's restaking on EigenLayer grew by 36% to reach $4.3M, and Solana-based meme coins skyrocketed with a market cap of $8.32B. The spot trading volume of top CEXs increased by 95.3%, marking the highest since the end of 2021.
- Bitcoin's Bullish Ascent: Soaring Against Fiat's Fall
- Apr 25, 2024 at 02:30 pm
- Amidst a surge in fiat liquidity and the looming burst of a sovereign debt bubble, Arthur Hayes, co-founder of BitMEX, analyzes the complex dynamics driving Bitcoin's meteoric rise. Hayes remains bullish, predicting continued price increases driven by the currency's unique characteristics as a hedge against inflation and a store of value. He encourages investors to adopt a "Left Curve" mindset, embracing risk and accumulating Bitcoin amidst market volatility, as it offers the potential for unprecedented financial gains.
- The Looming De-dollarization and the Rise of Gold
- Apr 25, 2024 at 02:26 pm
- Amidst concerns about inflation and uncertain economic conditions, the surge in prices for gold and Bitcoin has sparked interest in the concept of de-dollarization and the potential return of a gold standard. Central banks' increased purchases of gold and geopolitical shifts, including the de-dollarization efforts of BRICS+ nations, indicate a trend away from the US dollar's dominance. As fiat currencies weaken, investors are seeking safe havens like gold, whose fundamentals are seen as strong due to inflation and economic vulnerabilities. Advocates argue that a gold-backed economy could reduce volatility and create a fairer marketplace.
- Dogecoin's $1 Dream: A Contentious Path to the Coveted Mark
- Apr 25, 2024 at 02:23 pm
- The future of Dogecoin's price remains uncertain, with analysts expressing diverse opinions. Pav Hundal of Swyftx cautions against overly optimistic projections due to factors such as sell pressure from holders facing losses at current prices. However, Rekt Capital and CobraVanguard remain optimistic, citing Dogecoin's cyclical nature and bullish chart patterns. The ultimate trajectory of Dogecoin's price will depend on market dynamics, holder behavior, and the emergence of competing meme coins.
- Bitcoin Halving Unleashes Optimism, Igniting Surge in Cryptocurrency Market
- Apr 25, 2024 at 02:22 pm
- The recent halving event of Bitcoin has sparked optimism in the market. While there was a brief dip in the funding rate, indicating potential short-term bearishness, the overall market indicators suggest a bullish trend taking hold. The funding rate has recovered and is currently positive, indicating a return to a more bullish sentiment. The Open Interest has also shown an uptick, demonstrating continued investor engagement in the Bitcoin market.