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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 / 24
- Bitcoin Runes Reign Supreme on Halving Day, Dominating Transactions
- Apr 24, 2024 at 09:30 am
- On the Bitcoin halving day, Runes, a form of data embedding in transactions, surged in popularity. Runes, unlike regular transactions, encase additional information within transactions through transaction augmentation, enabling data storage ranging from basic messages to complex scripts. The strategic launch of Runes coincided with the heightened attention of the halving, leading to unprecedented dominance on the Bitcoin network, accounting for 57.7% of transactions and a significant portion of transaction fees.
- Diminishing Hopes for Stablecoin Legislation as Election Looms
- Apr 24, 2024 at 09:30 am
- As Congress gears up for election season, the timeline for a stablecoin bill is tightening. Senators Cynthia Lummis and Kirsten Gillibrand recently introduced a bill outlining regulations for stablecoins issued by US companies, addressing concerns such as maintaining their peg and consumer protection. However, concerns remain regarding the bill's provisions, including the blanket ban on algorithmic stablecoins and limited oversight of foreign company-issued tokens, such as Tether. With the election season looming, the likelihood of progress on stablecoin legislation is dwindling, and any significant action may be deferred until the lame-duck session or even January.
- Chivo Hack Reignites Security Concerns in El Salvador
- Apr 24, 2024 at 09:25 am
- Following the exposure of Chivo's source code, a state-owned Bitcoin wallet, the situation has worsened. The hacker organization CiberInteligenciaSV has revealed compromised addresses and a system flaw on the BreachForums website. The release of the Codigo.rar file containing code and VPN credentials for Chivo Wallet ATM networks adds to the severity of the breach.
- Bitcoin's Scarcity Stakes Claim to Gold's Throne
- Apr 24, 2024 at 09:20 am
- Gold's long-held dominance as a scarcity-driven investment is challenged by modern mining technology. Bitcoin's decentralized nature and fixed supply, enhanced by its recent Halving event, present a compelling alternative, solidifying its scarcity and potential as a deflationary asset.
- Crypto Market Primed for Surge After Bitcoin Halving Volatility
- Apr 24, 2024 at 09:09 am
- The cryptocurrency market is undergoing a reset after experiencing significant volatility in the last few trading weeks. Despite this downturn, analysts are predicting a period of significant growth in the near future. Glassnode, a prominent blockchain firm, has expressed a bullish sentiment about the crypto market, excluding the top ten cryptocurrencies, which are known as "Others."
- TransBoden Unveils $BodenX, Empowering Inclusivity and Transparency in Solana Memecoin Ecosystem
- Apr 24, 2024 at 09:08 am
- TransBoden, a novel Solana memecoin, introduces $BodenX through a decentralized token launch. Committed to transparency and security, TransBoden features a transgender version of the beloved Jeo Boden meme, captivating crypto enthusiasts. With a fair launch, no presale, and locked liquidity, TransBoden fosters trust and integrity. $BodenX, with a market cap of $0.45 million, provides a 1000x potential compared to $Boden's $500 million market cap.
- Memereum Revolutionizes Crypto Market with Insurance, DeFi Products
- Apr 24, 2024 at 09:06 am
- Introducing Memereum, a revolutionary DeFi crypto project offering comprehensive financial products and services. The platform's presale introduces a unique suite of features, including insurance against fraudulent withdrawals, fiat devaluation, and market volatility. Memereum also provides staking opportunities with a remarkable 183% APY, a Visa Debit Card, and NFT rewards for early investors. They intend to burn 50 million tokens across multiple stages and have been pre-listed on Azbit and VinDax exchanges, with plans to announce top 50 exchange listings soon.
- Core Price Prediction: Comprehensive Analysis Points to Bullish Trajectory
- Apr 24, 2024 at 09:03 am
- This article provides a comprehensive analysis of CORE's price predictions, market sentiment, and technical indicators. Our AI/ML models project a bullish outlook, forecasting an average price of $192 by 2029 and $1,507 by 2032. Key support and resistance levels are identified at $0.58 and $4.6, respectively. The market sentiment for April 2024 remains overvalued. Historical price movements reveal significant gains over the past month, driven by factors such as ecosystem fund investments, strategic partnerships, and new platform initiatives. Technical analysis indicates strong buying pressure, a positive Awesome Oscillator, and increasing trading volume.
- Crypto Industry Unveils Ambitious Decarbonization Plan in "Crypto Climate Accord"
- Apr 24, 2024 at 09:03 am
- Crypto Climate Accord Signed by Argo Blockchain and DMG Blockchain Solutions:Argo Blockchain and DMG Blockchain Solutions have signed the Crypto Climate Accord (CAA), an industry-led initiative to decarbonize crypto mining operations. Aiming to reach net-zero electricity emissions by 2030 and greenhouse gas emissions by 2040, the CAA focuses on enhancing transparency in renewable energy sourcing and fostering technological advancements to achieve widespread adoption of 100% renewables-powered blockchains.
- Memecoin Mania: Hedge Funds Delve into the Crypto Craze
- Apr 24, 2024 at 09:02 am
- Amidst the recent surge in memecoin popularity, hedge funds are showing increased interest in this sector due to substantial price increases and profits that surpass those of established cryptocurrencies like Bitcoin (BTC). Notable examples include Stratos, which launched a fund with the highly successful Dogwifhat token, achieving a remarkable 137% return in Q1 2024. However, skepticism persists among some crypto participants, likening the memecoin frenzy to speculative gambling and highlighting the ease of creation and launch fueled by apps like Pump.fun and blockchains like Solana.
- Massive SHIB Transfer Coincides with Funding Milestone for Layer-3 Blockchain Development
- Apr 24, 2024 at 09:01 am
- A massive transfer of 237.8 billion SHIB follows the recent announcement of the SHIB team securing $12 million in funding for a new layer-3 blockchain project. This significant purchase has sparked speculation within the crypto community, with the SHIB lead revealing that his recent global tour was aimed at securing funds for the development of the layer-3 blockchain.
- Nubank Empowers Brazilians with Crypto Withdrawals, Accelerating Digital Asset Adoption in Latin America
- Apr 24, 2024 at 09:01 am
- Nubank, Brazil's largest digital bank, has announced that its customers can now withdraw their crypto assets using the bank's app. The bank has added support for deposits and withdrawals for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Nubank plans to expand the feature to allow customers to send and receive other coins in the future.
- TransBoden Unlocks Fairness, Transparency, and Meme Culture with Launch of $BodenX
- Apr 24, 2024 at 09:00 am
- TransBoden, a novel Solana memecoin, has launched its $BodenX token via a fair launch on the Solana Blockchain, pledging fairness, transparency, and security. Inspired by the beloved Jeo Boden meme, TransBoden presents a transgender iteration that has resonated with crypto enthusiasts. With a fair launch, no pre-sale, and fully community-distributed tokens, TransBoden emphasizes equal opportunity and integrity.
- 5 Meme Coins to Bet on: Convert $50 to $10,000 by 2024
- Apr 24, 2024 at 09:00 am
- The meme coin market has surged in recent months, pushing up the prices of these tokens. With the Bitcoin halving approaching, analysts believe that meme coins are poised to moon in the coming weeks. This article explores 5 of the best meme coins that have the potential to turn your small investment into millions in 2024. They are KangaMoon, Ordi, Dogecoin, Floki, and Pepe. Details below:
- Solana's Price Rollercoaster: Network Woes Cloud Forecast
- Apr 24, 2024 at 09:00 am
- Amidst Solana's volatile price forecast due to network congestion and Toncoin's surge towards Dogecoin's market cap, BlockDAG emerges as the best new crypto to buy. This groundbreaking project combines blockchain technology with DAGs, enabling up to 15,000 transactions per second. With a promising technical whitepaper, $19.3 million raised in presale, and an anticipated price increase in batch 10, BlockDAG offers a 30,000x growth potential, making it an enticing investment opportunity for forward-thinking investors.
- Dash Halving: A Comprehensive Guide for Miners in US English
- Apr 24, 2024 at 09:00 am
- Halving events in the realm of cryptocurrencies, such as Bitcoin, entail a reduction in the reward granted to miners for their efforts in validating blocks. Dash, a notable cryptocurrency, employs a distinct approach to halving. Unlike Bitcoin's 50% reduction every four years, Dash halving involves a gradual 7.14% decrease every three years. This distinctive mechanism aims to maintain a steady emission rate and provide predictability for miners.
- Shipbuilding Giant Seatrium Teams Up with A*STAR for AI Revolution in Offshore and Marine Industry
- Apr 24, 2024 at 09:00 am
- Shipbuilding giant Seatrium and Singaporean Agency for Science, Technology and Research (A*STAR) have partnered to explore AI solutions for the Offshore and Marine (O&M) industry. They aim to revolutionize the sector, focusing on environmental sustainability, by leveraging generative AI for energy source testing and large language models for AI-powered vessel design. The MoU also includes use cases such as surveillance, work site inspection, and optimizing supply chains for O&M.
- VeChain Soars to New Heights in April, Unveiling Innovation and Global Expansion
- Apr 24, 2024 at 09:00 am
- In April 2024, VeChain exhibited significant growth, marked by major developments and integrations. The implementation of VeChain-powered NFC and blockchain chips in UFC fighter gloves showcases real-world implementation of blockchain for authenticity. VeBetterDAO initiated X-2-Earn grants to support environmental projects. VeChain expanded its influence in food traceability, participated in Web3 meetups, and enhanced its Vorj and SDK platforms. The platform achieved a new milestone with over 3 million wallet holders and gained traction in Real World Asset tokenization discussions.
- Bhoma Residents Demand Swift Culvert Completion Before Monsoon Strikes
- Apr 24, 2024 at 08:59 am
- Residents of Bhoma village in Ponda taluka of Goa have urged authorities to direct the contractor to complete the ongoing construction work of a culvert before the onset of the monsoon. The villagers said that the incomplete work has been causing them immense hardship. They highlighted that on Saturday, due to heavy rain, slush from the construction site overflowed onto the road, making it slippery and resulting in many bikers falling in the area. They have demanded that the authorities direct the contractor to complete the work at the earliest.
- Former News Anchor Janelle Stelson Announces Bid for Republican-Held Congressional Seat
- Apr 24, 2024 at 08:51 am
- Former television news anchor Janelle Stelson has announced her candidacy for the Republican nomination in the 2024 congressional race, aiming to unseat incumbent Republican representative Ted Budd in North Carolina's 13th congressional district. Stelson has a long history in broadcasting and public service, having served as a news anchor for more than two decades and holding various leadership positions in the community.