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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
Mar / 30
- BNB Soars, Fueling Speculation Amid Uncertainty in On-Chain Metrics
- Mar 30, 2024 at 03:11 am
- BNB surged 12% to $620, narrowing its gap with Ether, which gained 5% in the same period. Despite the rally, mixed signals from on-chain data suggest a potential overextension, with BNB Chain's Total Value Locked (TVL) dropping 55% since its peak and hitting its lowest point since March 2021, highlighting the contraction in the wider DeFi market.
- Dogwifhat Surges to Third Largest Memecoin, Redefining the Crypto Landscape
- Mar 30, 2024 at 03:10 am
- Dogwifhat (WIF), a dog-themed memecoin on Solana, has risen to the third position in market capitalization among memecoins, with a valuation of US$4 billion. WIF's surge has displaced Pepe-themed memecoin from the top three, now exclusively occupied by dog-themed projects, including Dogecoin and Shiba Inu, valued at US$30 billion and US$18 billion, respectively.
- Solana: Unlocking Potential, Overcoming Challenges in a Booming Blockchain Landscape
- Mar 30, 2024 at 03:09 am
- Guy Turner, the crypto analyst and Coin Bureau co-host, provides an extensive analysis of Solana's (SOL) recent advancements and potential in a video update. Turner highlights Solana's resilience and key milestones, such as the Wormhole Bridge's recovery from a hack and the Pyth Network's permissioned environment. He notes the emergence of memecoin mania with the Bonk token, and institutional interest in Solana for stablecoin issuance and asset management. Turner acknowledges challenges such as scalability, regulatory scrutiny, and antitrust concerns, but remains bullish on SOL's potential, predicting its price could surpass $300 if key roadmap milestones are met.
- LADYS Token Enters Correction Phase, Signs Point to Impending Retracement
- Mar 30, 2024 at 03:09 am
- The LADYS token, representing the Milady Meme coin, exhibits a retracement pattern with support found at the 20-day EMA. Despite low volume buying activity and consolidation, technical indicators hint at a potential breakdown with a neutral trend. At the time of writing, LADYS trades at $0.000000251, experiencing a 7.80% intraday decline. Analysts anticipate a further retracement, possibly leading to a retest of the 100-day EMA.
- Bitcoin Futures Open Interest Breaks Records, Igniting Market Frenzy
- Mar 30, 2024 at 03:08 am
- Bitcoin futures open interest on centralized exchanges has reached a record $38 billion, indicating heightened trading activity and increased trader sentiment. Since January 2024, open interest has more than doubled, coinciding with a surge in Bitcoin price to $70,000. Ether futures also experienced significant growth, with open interest rising to $13.8 billion, driven by a price increase to $3,500. The launch of Bitcoin spot exchange-traded funds (ETFs) has further boosted market sentiment, with inflows exceeding $12 billion. While challenges like liquidations from bankrupt firms have impacted GBTC, the overall outlook remains positive, with market dynamics expected to stabilize.
- FTX Executives and Promoters Settle Class Action Lawsuit for $1.35 Million
- Mar 30, 2024 at 03:05 am
- Former executives of FTX, including Gary Wang, Nishad Singh, and Caroline Ellison, have agreed to a $1.35 million settlement in a class action lawsuit over the collapse of the cryptocurrency exchange. The agreement aims to compensate victims of FTX's fraud, which also saw its founder Sam Bankman-Fried sentenced to 25 years in prison.
- BlastUP Presale: A Safe Haven Amid Crypto Volatility
- Mar 30, 2024 at 03:05 am
- The crypto market is buzzing with excitement as Bitcoin's halving event approaches, creating a wave of optimism for altcoins. Among these standouts is BlastUP, a presale token that offers consistent value in a volatile market due to its fixed price. With notable gains in Optimism, Avalanche, Render, and Ondo, the crypto ecosystem is ripe for growth, but BlastUP holds unique potential as a driving force in the "Blast" ecosystem. As the presale progresses, investors have the opportunity to acquire tokens at a discounted price, fueling the potential for significant returns.
- Binance Launchpool Welcomes Ethena Labs, Debuts ENA Token and Revolutionary Synthetic Dollar Platform
- Mar 30, 2024 at 03:04 am
- Binance has welcomed Ethena Labs as the 50th project to join its Launchpool program, offering users the opportunity to farm ENA tokens by staking BNB and FDUSD. Ethena Labs is a synthetic dollar and internet-native yield platform utilizing delta-hedging to maintain a stable peg for its USDe token. The ENA token, the foundation of the Ethena ecosystem, enables users to earn steady yields through various mechanisms, including liquid staking and derivatives funding rates.
- Bittensor Plummets 5% in Downward Spiral, Extending Weekly Losses
- Mar 30, 2024 at 03:03 am
- Bittensor (TAO) has experienced a decline of 5.02% in the past 24 hours, reaching $522.61. This follows a 8.0% drop over the past week, with the coin moving from $565.55 to its current price. Bollinger Bands indicate increased volatility over the past day, while trading volume has decreased 22.0% over the past week. However, the circulating supply has increased 0.49% to 6.50 million, representing 30.97% of its maximum supply.
- Book of Meow Unleashes Feline Crypto Frenzy on Solana
- Mar 30, 2024 at 03:03 am
- Book of Meow ($BOMEOW), a revolutionary 100x coin, has launched on the Solana network, combining the allure of cats with cryptocurrency power. Its comprehensive marketing strategies, including press releases, high-budget campaigns on social media, and influencer collaborations, have generated over 10 million impressions and ensured widespread visibility. With its upcoming presale, live staking, NFT launch, and own swap feature, $BOMEOW is poised for rapid ascent in the crypto market. Its commitment to creating a dynamic community fuels this cat-themed crypto innovation.
- Spark Protocol and Morpho Blue Deploy $100 Million DAI Liquidity Boosting DeFi Lending
- Mar 30, 2024 at 03:02 am
- Spark Protocol and Morpho Blue collaborate to deploy $100 million in DAI liquidity, enabling access to Ethena's stablecoins (USDe and sUSDe) through efficient leveraged positions bolstered by MakerDAO. This integration includes new DAI markets (USDe/DAI and sUSDe/DAI) and a DAI vault on MetaMorpho, providing unparalleled liquidity for sUSDe.
- Bitcoin Volatility Soars: Entities Accumulate, Analysts Weigh Future Prospects
- Mar 30, 2024 at 03:01 am
- Bitcoin has experienced high volatility this week, with a neutral candle and long wicks in the daily chart. Despite renewed buying interest from Spot BTC ETFs, supply pressure at $71700 has kept the price sideways. Major investors, known as "Bitcoin sharks," have accumulated 268,441 Bitcoin in the past 30 days, indicating increased confidence and a potential for sustained recovery.
- Dogecoin Soars, Outpacing Crypto Market Giants
- Mar 30, 2024 at 03:01 am
- Dogecoin's (DOGE) remarkable week saw a 40.1% surge, surpassing all top 10 cryptocurrencies. Driven by factors such as X's payment licenses, Coinbase's futures trading announcement, and the upcoming "Doge Day," the meme coin aims to regain its top-10 status, targeting the seventh-place stablecoin USD Coin.
- BEFE Surge Challenges Dogecoin as a Meme Coin Powerhouse
- Mar 30, 2024 at 03:00 am
- The meme coin market continues to expand, with BEFE emerging as a promising project aiming to challenge Dogecoin's dominance. Built on a dual-chain model for enhanced scalability and interoperability, BEFE has garnered significant attention due to its zero transaction taxes and impressive growth, mirroring the trajectory of Dogecoin, the original meme coin. This analysis delves into the similarities, differences, and potential growth trajectories of BEFE and Dogecoin.
- Altcoins Rise As Bitcoin Miners Face Depleted Reserves, Hedera, Borroe Finance, Chainlink Gain Traction
- Mar 30, 2024 at 03:00 am
- As Bitcoin miners face dwindling reserves, the spotlight shifts to altcoins. Hedera, Borroe Finance, and Chainlink emerge as potential beneficiaries amidst this market shift, offering unique features and potential for growth. Hedera's speed, eco-friendliness, and developer support; Borroe Finance's innovative DeFi offerings on Polygon; and Chainlink's role as a data provider for smart contracts highlight the potential of these platforms. Their growing relevance signals a potential era of growth for altcoins, as the crypto community seeks diversification and innovation.
- Shiba Inu Poised to Dethrone Avalanche, Nearing Top 10 Return
- Mar 30, 2024 at 03:00 am
- Shiba Inu (SHIB) is poised to enter the top 10 cryptocurrencies by market cap, potentially surpassing Avalanche (AVAX). SHIB's strong momentum, positive sentiment, and increasing social dominance suggest a potential price increase. In contrast, AVAX faces negative sentiment and declining valuation, indicating a possible market cap flip. However, AVAX could resist this if fear intensifies, fueling a rally.
- AI and Crypto Fusion Unleashes Exponential Growth
- Mar 30, 2024 at 03:00 am
- The convergence of artificial intelligence (AI) and cryptocurrency has created promising investment opportunities in the crypto market. As we enter 2024, Fetch.AI, InQubeta, and SingularityNet emerge as notable players in the AI crypto space with innovative offerings and the potential for significant growth. Fetch.AI focuses on decentralized machine learning, InQubeta democratizes investments in AI startups through fractional investment, while SingularityNet has established an AI marketplace for creating, sharing, and monetizing AI services.
- Bitcoin Cash Skyrockets, Reviving Crypto's Vision
- Mar 30, 2024 at 03:00 am
- Bitcoin Cash (BCH) has experienced a remarkable surge in price, gaining over 55% in the past week. This surge is attributed to factors such as the upcoming halving, the launch of Bitcoin Cash futures contracts on Coinbase, and strengthening network fundamentals. Roger Ver, a prominent BCH supporter, has reignited the debate about whether BCH is the true Bitcoin, arguing that it better aligns with the original cypherpunk principles of the cryptocurrency.
- Crypto Supremacy Clash: Injective, Polkadot, and $RECQ Battle for Dominance
- Mar 30, 2024 at 03:00 am
- INJ and DOT maintain their upward trajectory, while Rebel Satoshi's $RECQ, a promising utility token, begins presale. Experts predict a bullish run for INJ, with a potential increase to $49.87, while Polkadot's DOT may reach $16.46. Amidst these established coins, $RECQ emerges as a potential market leader, mirroring the success of its predecessor $RBLZ. Its guaranteed 525% gain upon launch positions it as an attractive investment for those seeking exponential growth.
- Meme Coins: A Crypto Phenomenon Turning Heads in the Industry
- Mar 30, 2024 at 03:00 am
- Meme coins have emerged as a popular trend in crypto, appealing to users with their fun and community aspect despite volatility and criticism. Vitalik Buterin, co-founder of Ethereum, explores the potential for "good meme coins" that contribute positively to the ecosystem, while acknowledging their pitfalls such as rug pulls and offensive content.