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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 / 28
- IMX Token Soars Despite Market Woes, Driven by South Korean Trading Surge
- Apr 28, 2024 at 04:03 pm
- On Thursday, ImmutableX's IMX token surged 35% to $0.74, driven by South Korean traders. The price increase was accompanied by a rise in global trading volume of 22% to $556 million, with notable activity on South Korea's Upbit exchange and Binance's IMX/USDT pair. Blockchain analytics firm LookonChain reported significant accumulation by wallets associated with Upbit, while investors unlocked IMX from the Foundation Treasury Locked wallet, potentially for liquidation. Additionally, open positions in perpetual futures tied to IMX soared by over 400%, indicating new market entrants.
- Former Marseille Star Ayew Celebrates Goal Against PSG, Sends Message to Supporters
- Apr 28, 2024 at 04:02 pm
- Former Marseille player André Ayew, now with Le Havre, expressed joy after scoring against his former rivals PSG (3-3) on Saturday. The ex-Olympian took the opportunity to send a message to Parisian supporters, recognizing their past interactions while acknowledging his delight in scoring against PSG as a former Marseille player.
- BCH Price Prediction: AI-Powered Forecasts Forecast Rise to $70,000 by 2030
- Apr 28, 2024 at 04:01 pm
- BCH's price prediction remains bullish despite recent corrections post-halving. Primary support and resistance levels stand at $114 and $970, respectively. Market sentiment indicates a bullish trend, with AI/ML models projecting an average price of over $4,000 in 2026 and nearly $70,000 in 2030.
- Litecoin Soars: Breakout Potential and $110 Target on the Horizon
- Apr 28, 2024 at 04:00 pm
- Litecoin (LTC) surged over 3% in the past week, reaching a critical level that could trigger a bull run. Key indicators like MACD, MFI, and CMF signal bullish momentum, suggesting LTC could reclaim $110 in the coming weeks. However, metrics such as NVT ratio and reserve risk highlight concerns about overvaluation and potential price corrections.
- Cryptocurrency Kings: Unleashing Bonk, XRP, and InQubeta for Early Retirement Dreams
- Apr 28, 2024 at 04:00 pm
- Three altcoins to invest in for early retirement are Bonk, XRP, and InQubeta. These cryptocurrencies have demonstrated potential for growth, with experts predicting a surge in the coming months. InQubeta, in particular, combines AI technology with crypto, addressing a pressing challenge in AI startups while also offering an NFT marketplace. Bonk, a Solana-based meme coin, attracts investors with its low entry point and promise of substantial gains, while XRP, despite regulatory uncertainty, is anticipated to rise significantly due to its growing adoption and institutional support.
- Furrever Token: The Stable Star in a Volatile Meme Coin Market
- Apr 28, 2024 at 04:00 pm
- As the meme coin market experiences volatility and declining momentum, Furrever Token (FURR) is gaining attention as a promising alternative investment. Unlike the underperforming meme coins, FURR offers a unique approach with its robust ecosystem, utility-driven tokens, and a dedicated community. Despite market fluctuations, FURR has displayed remarkable resilience and its roadmap for the second half of 2024 indicates continued growth and value appreciation. With its strong foundation, community support, and ambitious plans, FURR is poised to emerge as the top meme coin investment of 2024, offering investors a reliable and rewarding opportunity in the crypto space.
- US Crypto Crackdown Ramps Up: Privacy Wallets Shutter Amid Regulatory Storm
- Apr 28, 2024 at 03:53 pm
- Due to the US crackdown on self-custody crypto wallets, zkSNACKs, the company behind the privacy-enhancing Bitcoin wallet Wasabi, has ended its services for US-based users. This move follows the recent arrests of Samourai Wallet executives and the seizure of its website, highlighting the increasing regulatory pressure on privacy-focused crypto wallets in the US.
- Ethereum Vaults Amid Resistance and Regulatory Storms
- Apr 28, 2024 at 03:52 pm
- Ethereum (ETH) has surged over 6% in the past 24 hours, currently trading at $3,320. However, ETH faces a key resistance level at $3,300, a level it has struggled to surpass in the past. Additionally, Ethereum's recovery is occurring despite headwinds from a lawsuit filed by Consensys against the SEC and the potential for further legal challenges from companies like Grayscale.
- Solana Price Plunge Spurs Investors to Seek Alternate Crypto Options
- Apr 28, 2024 at 03:46 pm
- With bearish pressure strong on Solana (SOL), crypto holders are exploring alternatives, leading to positive attention for InQubeta (QUBE). This Ethereum-backed platform aids AI startups with crowdfunding via NFTs, attracting over $13.6 million in funding during presales. InQubeta's deflationary token, QUBE, is seen as a potential market performer due to its ability to counteract inflationary pressures.
- Altcoin Season Remains Out of Reach, Market Sentiment Stagnates
- Apr 28, 2024 at 03:46 pm
- The Altcoin Season Index, currently at 35, suggests a continued bear market for altcoins. Ethereum's lackluster growth and network size pose challenges for a market rally. Despite expectations of an altcoin season, only a handful of top 50 altcoins have outperformed Bitcoin in recent months.
- Valkyrie Bitcoin Miners ETF Short Interest Surges
- Apr 28, 2024 at 03:36 pm
- During the month of April, Valkyrie Bitcoin Miners ETF (WGMI) witnessed a significant increase in short interest. As of April 15th, short interest totaled 295,700 shares, marking a 48.8% rise from 198,700 shares on March 31st. With an average daily trading volume of 475,500 shares, the current short-interest ratio stands at 0.6 days.
- Ethereum ERC-20 Tokens: An Ultimate Investment Guide for Crypto Enthusiasts
- Apr 28, 2024 at 03:34 pm
- ERC-20 tokens, standardized for Ethereum's blockchain, offer diverse utilities within its ecosystem, including asset ownership, trustless transactions, governance rights, and staking rewards. Operating primarily with smart contracts, these tokens bolster the Ethereum network's compatibility, fostering the proliferation of decentralized applications (dApps). With a vast selection of ERC-20 tokens available, this article analyzes the top performers for investment in April, including Ethereum (ETH), the backbone of the network, and Uniswap (UNI), a decentralized exchange protocol known for its governance token and automated market maker systems, providing insights into their recent performance and market dynamics.
- $HUMP Surges: Solana's Latest Meme Coin Poised to Disrupt Cryptoverse
- Apr 28, 2024 at 03:31 pm
- $HUMP, a new meme coin on the Solana network, is poised to disrupt the market with its innovative approach to meme coin mechanics. Operating on the Solana network, $HUMP offers fast transactions and low fees, addressing common issues with meme coins. The coin prioritizes community involvement and governance, allowing holders to influence its direction. Analysts believe $HUMP has the potential for significant market success, fueled by institutional support, exchange listings, and its innovative features.
- FBI Warns Against Using Unregistered Cryptocurrency Businesses
- Apr 28, 2024 at 03:30 pm
- The FBI has issued a public service announcement warning against using unregistered cryptocurrency business services. The announcement highlights that “the FBI warns United States persons against using cryptocurrency money transmitting services that are not registered as Money Services Businesses (MSB) with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).”
- Bitcoin Spot ETFs Suffer Major Outflows, Preceding Price Drop
- Apr 28, 2024 at 03:30 pm
- Throughout the week ending April 26, 2024, Bitcoin Spot ETFs in the U.S. saw significant fluctuations with a massive weekly net outflow of $328 million. The outflow surge preceded a Bitcoin price crash, potentially contributing to the dip. Grayscale's GBTC experienced large outflows, while Fidelity's FBTC and BlackRock's IBIT had notable inflows. The week started positive but shifted to outflows on Wednesday, intensifying on Thursday and Friday. Ark 21Shares' ARKB was the only ETF with inflows on Friday, resulting in a significant overall outflow for the week.
- Immutable's Downturn: A Temporary Glitch or a Cry for Action?
- Apr 28, 2024 at 03:27 pm
- Immutable (IMX), a leading blockchain platform for NFTs and dApps, has witnessed a concerning 31.94% decline in its IMX currency over the past month. Investors and industry experts express mixed reactions to this downturn, with skepticism and optimism coexisting. Prominent investor Mark Cuban remains optimistic about the project's long-term potential, while others, like Sarah Thompson, articulate concerns about the price drop amid an uncertain regulatory landscape.
- Cryptocurrency Prices Soar: Bitcoin, Dogecoin, and Ripple Hit Record Highs
- Apr 28, 2024 at 03:24 pm
- On April 28, 2024, Bitcoin (BTC) stood at PKR 17,790,971.31 and $63,939.92 in Pakistani Rupee (PKR) and US Dollar (USD), respectively. Dogecoin (DOGE) was trading at PKR 41.75 and $0.15, while Ripple (XRP) was valued at PKR 145.84 and $0.52 in the open exchange market at 12:17 PM Pakistan Standard Time (PST). These rates reflect the latest market valuations of these cryptocurrencies.
- Ripple Exchange Rates Stable, PKR Shows Slight Rise
- Apr 28, 2024 at 03:22 pm
- On April 28, 2024, the exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) was as follows: one XRP equaled PKR 145.84 and USD 0.52. Similarly, one Bitcoin (BTC) equaled PKR 17,790,971.31 and USD 63,939.92. Dogecoin (DOGE) stood at PKR 41.75 and USD 0.15. These rates were calculated and compared with the closing rates on April 27, 2024.
- Crypto Innovations Surge: Jupiter and KangaMoon Expand Horizons in Decentralized Finance
- Apr 28, 2024 at 03:22 pm
- The crypto market is constantly evolving with new developments, especially in the DeFi sector. Recently, Jupiter (JUP) acquired Ultimate Wallet, a DeFi mobile app, to expand its mobile reach. KangaMoon (KANG), on the other hand, partnered with RaidSharksBot, a community engagement bot, to boost its community engagement and incentivize users. Both JUP and KANG, along with other meme coins like Dogwifhat and BOOK OF MEME, have shown considerable growth potential, with industry experts predicting a significant rise in KANG's value in the coming months.
- Dogecoin, Ripple and Bitcoin Exchange Rates See Minor Fluctuations on April 28, 2024
- Apr 28, 2024 at 03:20 pm
- On April 28, 2024, Dogecoin (DOGE) traded at PKR 41.75 and $0.15 against the Pakistani Rupee and US Dollar, respectively. Ripple (XRP) exchanged at PKR 145.84 and $0.52 against the PKR and USD, respectively. Bitcoin (BTC) traded at PKR 17,790,971.31 and $63,939.92 against the PKR and USD, respectively. These exchange rates are for informational purposes only and do not constitute financial advice.