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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 / 29
- Zodia Custody Lands Major Bitcoin Miner Marathon Digital as Client, Validating Institutional Embrace of Crypto Assets
- Apr 29, 2024 at 05:33 pm
- Zodia Custody, a leading institutional digital asset custodian, has secured Marathon Digital, the largest listed Bitcoin miner, as a client. This significant win demonstrates the growing demand for secure and experienced providers in the digital asset industry. Zodia Custody, backed by Standard Chartered's SC Ventures, Northern Trust, and SBI, offers comprehensive custody services for digital assets outside the United States, catering to the needs of institutional clients seeking secure and compliant solutions for their crypto holdings.
- Altcoin Surge Stalls as Distrust and Unlimited Supply Dampen Market
- Apr 29, 2024 at 05:31 pm
- Despite Bitcoin's dominance this year, altseason (the period of altcoin outperformance) remains elusive. According to Route 2 FI, this may stem from a lack of trust in new tokens due to the prevalence of "pump and dump" schemes by early investors, leading to a decline in altcoin investment and highlighting the scarcity issue as an infinite number of tokens can be created, potentially exceeding demand.
- Polkadot's DOT Token Poised for Bullish Surge as Market Sentiment Turns Optimistic
- Apr 29, 2024 at 05:30 pm
- Polkadot's DOT token has exhibited stability around $6.5, garnering optimistic short-term price predictions from analysts. Notably, X user Ash Crypto anticipates a surge towards $15, while Thomas Kralow forecasts a potential peak of $100 during a bull market. Additionally, FLASH expresses confidence in a substantial rally, and CryptoYoddha projects a summer high of $20. These predictions align with the bullish sentiment shared by other prominent traders, including Michael van de Poppe and FLASH, who emphasize the "fundamental progress" and "rotation" associated with Polkadot's growth trajectory.
- Red Flags Transformed into Green Flags: The Quirky World of Meme Coins
- Apr 29, 2024 at 05:30 pm
- Unlike stocks or other cryptocurrencies, meme coins like Shiba Inu and Dogecoin often experience paradoxical responses to events that would traditionally be considered negative. Controversies, insider selling, and a lack of roadmap can sometimes indicate growth potential for these coins. These events can generate free marketing, reduce risks associated with concentrated holdings, and foster community involvement, contributing to higher prices.
- UXLINK Launches Record-Breaking Airdrop, Empowers Over 550,000 Community Members
- Apr 29, 2024 at 05:30 pm
- UXLINK, a prominent SocialFi platform, unveils its inaugural airdrop season, targeting 10% of its vast user base. The initiative, themed "In UXLINK We Trust," introduces four NFT series: MOON, TRUST, FRENS, and LINK. Users meeting specific referral, on-chain interaction, and asset holding criteria will be eligible for airdrop rewards, attracting participation from eco-projects and AIRDROP2049 project leaders.
- Meme Coins: Navigating the Uncharted Waters of Crypto Investment
- Apr 29, 2024 at 05:30 pm
- Unlike traditional stocks, meme coins like Shiba Inu and Dogecoin exhibit unique characteristics that challenge conventional wisdom. Contrary to stock market principles, certain developments perceived as red flags for stocks can be bullish signals for meme coins. By embracing controversy, insider selling, and the absence of a roadmap as green flags, meme coin investors seek to maximize their returns in this distinct investment landscape.
- Worldcoin Faces Regulatory Challenges Amid Tech Partnerships
- Apr 29, 2024 at 05:29 pm
- Despite regulatory scrutiny and privacy concerns, Worldcoin, the startup scanning irises for digital identities and crypto distribution, remains ambitious. Facing probes and bans, the team seeks partnerships with tech giants like OpenAI, believing their "proof of personhood" system distinguishes humans from AI creations online. Tools for Humanity, Worldcoin's parent company, is also upgrading its scanning orbs and broadening its terminology, moving away from the politically charged "universal basic income" towards "distribution of scarce resources."
- FishVerse Revolutionizes GameFi with Immersive Open-World Fishing Experience
- Apr 29, 2024 at 05:27 pm
- FishVerse, the pioneering W2E fishing game fusing AI and blockchain technology, has garnered $250,000 in seed funding. Supported by 40+ industry partners and oversubscription from reputable launchpads, FishVerse's upcoming IDO aims to fuel its rapid expansion and solidify its position in the burgeoning GameFi market. With over 10K downloads and 1500 monthly users, FishVerse stands out as the first decentralized fishing gaming ecosystem and one of few open-world mobile games.
- Bonk Reigns Supreme: Solana's Top Meme Coin Defies Challenges, Soars to New Highs
- Apr 29, 2024 at 05:22 pm
- Despite being temporarily dethroned by dogwifhat (WIF), Bonk, Solana's leading meme coin, has reaffirmed its dominance with impressive performance and a new all-time high in 2023. Bonk's value has soared by 3000% since December 2022 and is currently experiencing a bullish comeback, with technical indicators suggesting a "Golden Cross." The meme coin is also hosting a free airdrop and has significantly outperformed its rival PEPE, becoming the top-performing meme coin of the week.
- YES Bank Stock Soars on Buoyant Earnings, Despite Pending SBI Stake Sale
- Apr 29, 2024 at 05:20 pm
- YES Bank shares experienced a significant surge on Monday due to impressive earnings, with profits rising 123% in Q4 FY 2024. However, the rally faces potential limitations as the State Bank of India plans to sell its stake, potentially diluting the current share price. Despite the projected sale of Rs 5,000-7,000 crore worth of shares, the bank's strong financial performance and ability to generate profits in a high-interest environment indicate its resilience and position as a leading financial institution in India.
- Bitcoin Bull Run Still Raging Despite Possible Correction
- Apr 29, 2024 at 05:15 pm
- Analyst DonAlt predicts the continuation of Bitcoin's bull market despite potential fluctuations. He views a 30% correction to $52,000 as a minor setback, citing the strong performance in higher time frames. A surge above $69,000 would erase bearish sentiment, potentially leading to a rise towards $80,000-$85,000.
- Crypto Roundup: Bitcoin Decentralization Debated, Ethereum, Binance, Solana, and Regulatory Battles
- Apr 29, 2024 at 05:14 pm
- In the evolving crypto landscape, notable developments this week include: concerns over centralization in Bitcoin mining, ConsenSys' legal challenge against the SEC's Ethereum classification as a security, legal ramifications for former Binance CEO Changpeng Zhao, Bitcoin's declining inflation rate, surging institutional demand for Solana, Binance's market share decline, and Switzerland's ongoing debate on Bitcoin adoption by the central bank.
- ASX to Greenlight Spot Bitcoin ETFs by 2024
- Apr 29, 2024 at 05:11 pm
- Australia's Securities Exchange (ASX) is anticipated to approve spot Bitcoin ETFs before 2024, according to Bloomberg sources. Pending applications from VanEck, DigitalX, and BetaShares, along with the success of spot Bitcoin ETFs in the US and Hong Kong, indicate a growing global trend towards regulating and embracing digital assets in traditional financial markets.
- Memecoin Craze Explodes: Bonk, Pepe, and KangaMoon Surge to Unprecedented Heights
- Apr 29, 2024 at 05:11 pm
- The memecoin market is thriving, with Bonk (BONK) and Pepe (PEPE) experiencing substantial growth of 4,014.8% and 3,224.5% respectively over the past year. However, a newcomer, KangaMoon (KANG), is making waves with its presale success, community-driven approach, and Play-to-Earn ecosystem, demonstrating potential for remarkable returns and solidifying its position as a top contender in the memecoin space.
- BEFE Coin Ascends: A $250K Milestone in the Meme Coin Galaxy
- Apr 29, 2024 at 05:10 pm
- The BEFE Coin, a meme-based altcoin, has gained significant market attention with its unique approach. Despite price fluctuations, BEFE has had remarkable growth, reaching an all-time high of $0.001128. Its tokenomics vary across Binance Smart Chain, Ethereum, and Solana, and it operates on popular platforms such as Pancakeswap and Uniswap. The BEFE movement aims to combine fun and profitability, attracting crypto enthusiasts drawn to the intersection of entertainment and finance.
- Renzo Protocol's EZETH Token Depegs, Stirring Concerns over Liquid Restaking Protocols
- Apr 29, 2024 at 05:10 pm
- On April 24th, Renzo Protocol's EZETH token experienced a price depeg, briefly plummeting to $688 on Uniswap due to a broader market sell-off following the conclusion of their season 1 airdrop, leading to widespread liquidations on leveraged platforms and highlighting the potential risks associated with liquid restaking tokens.
- ETFSwap Emerges as Investment Safe Haven Amidst Bitcoin and Near Protocol Volatility
- Apr 29, 2024 at 05:10 pm
- Amidst the market fluctuations of Bitcoin (BTC) and Near Protocol (NEAR), ETFSwap (ETFS) emerges as a compelling investment opportunity with its decentralized approach to crypto trading and access to tokenized ETFs. As BTC and NEAR face price declines, ETFS positions itself as a formidable competitor, offering affordable and secure access to the Spot Bitcoin ETF market and a rapidly growing ecosystem with potential collaborations and institutional partnerships.
- Neverland Bird of Prey Sanctuary Relocates to Belgium's Hainaut Region
- Apr 29, 2024 at 05:09 pm
- Evy Mouraux and Thibaut Dubois, passionate about birds of prey, took over Neverland falconry six years ago. They dedicated themselves to saving and caring for around 30 injured or in-need birds inherited from the previous owners. Now, after six years in Flanders, they plan to relocate to Isières, where they have transferred 40 of their 60 birds, including owls, buzzards, hawks, vultures, and eagles. They emphasize that responsible raptor ownership requires specialized care and understanding of each individual's personality.
- Google DeepMind's Mini Robots Master Soccer With Reinforcement Learning
- Apr 29, 2024 at 05:08 pm
- Google DeepMind has trained mini-robots using reinforcement learning to navigate a field and score goals, outperforming pre-programmed machines. These autonomous robots, 51 cm tall and weighing 3.5 kg, were trained in the OP3 Soccer project by DeepMind's team using a trial-and-error approach. The robots learn advantageous techniques and movements that may be unexpected or counterintuitive, such as pivoting on the corner of a foot to turn, which would be difficult to code in a pre-programmed approach.
- Raffle Coin Presale Sparks Enthusiasm Among Ripple and Avalanche Investors
- Apr 29, 2024 at 05:08 pm
- Raffle Coin's presale offers a compelling 50X surge, attracting interest from Ripple and Avalanche holders seeking growth in a fluctuating market. Ripple's XRP token, currently trading at $0.526, has a versatile role as a payment network and cryptocurrency, while Avalanche's $35.65 valuation and three-blockchain structure make it a robust platform for decentralized applications.