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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 / 29
- Masa Network and LayerZero Forge Interoperable Alliance to Revolutionize Web 3.0 and AI Development
- Mar 29, 2024 at 04:44 am
- Masa Network, a decentralized personal data network, has partnered with LayerZero to integrate its technology via a dedicated Avalanche Subnet. This integration allows Masa to seamlessly communicate with Ethereum and BSC chains, providing secure and interoperable data sharing for AI development and Web 3.0 applications.
- BNB Soars, Bullish Momentum Gains Traction Amidst Market Optimism
- Mar 29, 2024 at 04:36 am
- After retracing for a week, Binance Coin (BNB) has bounced back from a dip, supported by a low of $496. Despite low buying pressure on the daily chart, a significant rally is anticipated as volatility increases. Key resistance levels to watch are $635 and $645, while crucial support levels include $564, $536, and $496. BNB is currently trending bullish and has gained 8% in the past seven days.
- Blockchain Film Funder Decentralized Pictures to Launch In-App Streaming Service, DCP+
- Mar 29, 2024 at 04:36 am
- Decentralized Pictures, a blockchain-based film funder, is preparing to launch its own in-app streaming service, DCP+, with the beta release coming “sometime in the next month.” The move comes as the organization aims to provide an alternative to centralized streaming platforms and empower filmmakers with more control over their work and revenue.
- BlackRock's Spot Bitcoin ETF Breaks Records, Driving Larry Fink's Optimism
- Mar 29, 2024 at 04:36 am
- BlackRock CEO Larry Fink expressed delight in the success of IBIT, the company's spot Bitcoin ETF, which has attracted $13.5 billion in inflows and surpassed expectations. IBIT's inflows average over $260 million per trading day, showcasing strong market liquidity and transparency. Fink believes Bitcoin has long-term viability, as evidenced by IBIT's rapid growth in Bitcoin holdings.
- Shiba Inu Surges 38%, Bullish Momentum Sets Sights on $0.00004 Target
- Mar 29, 2024 at 04:31 am
- Shiba Inu (SHIB) has surged 38.2% in the past week, outperforming the majority of memecoins. Market indicators reveal key bullish catalysts behind this rally, including a surge in adoption rate above the 30-day average, highlighting increased interest from new users. Social media mentions for SHIB have also spiked by 63.5% in the last 24 hours, potentially indicating further price gains ahead.
- Altcoins Soar After Bitcoin Halving, Set to Challenge Market Dominance
- Mar 29, 2024 at 04:30 am
- Amidst Bitcoin halving's potential impact and the growing interest in altcoins, this article delves into the crypto market's rising stars. BlastUP, backed by Blast, has made significant strides, raising $3 million in just one month. Avalanche has witnessed significant growth, with potential for further upward momentum. NEAR and Polkadot also exhibit bullish trends, presenting investment opportunities. Jupiter (JUP) stands out with an exceptional upward trajectory. Investors seeking diversification and growth in the altcoin sphere should take note of these promising projects.
- SEC's Disgorgement Strategy in Ripple Case Hits Legal Roadblocks
- Mar 29, 2024 at 04:30 am
- The SEC's disgorgement case against Ripple, seeking $1.95 billion, faces legal hurdles. A recent court ruling requires the SEC to prove concrete financial losses suffered by individual investors, which could reduce Ripple's potential penalty. The SEC's ability to financially cripple Ripple through disgorgement is now uncertain, even if XRP is deemed a security.
- Floki Coin Soars as Valhalla Bonfire and Ecosystem Adoption Ignite Rise
- Mar 29, 2024 at 04:23 am
- Floki FLOKI/USD has witnessed a 15% surge following the Valhalla Bonfire event. This event saw the burning of 190.9 billion FLOKI tokens, mirroring a similar burn of $55.26 million worth of tokens in March. The ecosystem's adoption is highlighted by Baby Trump locking half a million dollars' worth of BABYTRUMP memecoin on the BNB chain using Floki's FlokiFi Locker protocol. Floki remains a prominent meme coin on Binance, ranking below Dogecoin and above Shiba Inu and Pepe.
- Crypto Market Transforms: Cardano, Fantom, and BlockDAG Emerge as Dominators
- Mar 29, 2024 at 04:20 am
- In an evolving cryptocurrency market, Cardano (ADA) exhibits bullish potential, Fantom Foundation unveils Sonic for blockchain efficiency enhancements, and BlockDAG sets the stage for significant growth, potentially offering a 5000x return. BlockDAG's technological advancements and projected high returns make it a noteworthy investment opportunity for those seeking exponential gains in the digital currency realm.
- KuCoin Offers Monumental $10 Million Airdrop to Loyal Users Amidst Regulatory Scrutiny
- Mar 29, 2024 at 04:18 am
- Leading crypto exchange KuCoin announces a $10 million airdrop to express gratitude for user support during recent service disruptions. CEO Johnny Lyu acknowledges challenges faced by the crypto industry and emphasizes KuCoin's commitment to security and compliance. The airdrop comprises KuCoin's native KCS token and Bitcoin (BTC), and specific details will be revealed within three days.
- Crypto Illusion: Caveat Emptor as Industry Lacks Lasting Change
- Mar 29, 2024 at 04:18 am
- Despite the imprisonment of prominent figures in the cryptocurrency industry, experts warn against excessive optimism. The industry's lax regulation and abundance of loopholes provide fertile ground for individuals like Sam Bankman-Fried to emerge, driven by the allure of profit and the low risk of consequences. Citing historical cycles of crashes and recoveries, critics argue that regulators remain reactive rather than proactive, leaving investors vulnerable to predatory schemes. The industry's self-proclaimed desire for regulation is met with resistance from lobbyist groups, hindering efforts to protect consumers. With no substantial changes in industry practices or oversight, fears persist that the saga of individuals like Bankman-Fried will repeat itself.
- Crypto Analyst Predicts Altcoins Rise Amid Bitcoin's Surge
- Mar 29, 2024 at 04:16 am
- A popular crypto analyst, Michaël van de Poppe, is monitoring altcoins as Bitcoin leads the market with a breakout. He notes that BTC needs to stay above $67,000 for another ATH test. Despite BTC's ATH, altcoins are still underperforming. Van de Poppe emphasizes that successful altcoin trading requires holding positions long enough to compound profits and seizing the narrow window of opportunity. He points to Cosmos (ATOM) as a sign of emerging altcoin strength, indicating a potential broader market awakening.
- Gnoland's Proof of Contribution: A Game-Changer in Blockchain Consensus
- Mar 29, 2024 at 04:14 am
- Gnoland's innovative Proof of Contribution (PoC) consensus mechanism distinguishes itself from traditional models by valuing contributions over mere token ownership. PoC promotes a meritocratic environment where reputation-based validators are selected and rewarded for their active engagement in the network. This mechanism ensures that the most significant participants are recognized and compensated, fostering a community-driven development environment.
- Rare Coin Auction Shatters Expectations, Surpassing Estimate by 25%
- Mar 29, 2024 at 04:13 am
- An impressive coin collection from a central Wisconsin estate sold at auction for $895,371, exceeding the pre-sale estimate by 25%. The highlight of the sale was an 1879 $4 Gold Stella that fetched $147,600, setting a new record for this grade of coin according to the Professional Coin Grading Service.
- Insightful Projections: Expert Envisions Bitgert Coin at $0.00001 | Coinspeaker
- Mar 29, 2024 at 04:11 am
- Bitgert (BRISE) has demonstrated strong market performance and is projected to maintain its bullish trend in the coming months. Crypto analysts predict a significant surge in its value, with a forecast of $0.001. However, experts estimate that reaching $0.00001 may take longer than anticipated, with projections suggesting a timeline of late Q2 2024. Bitgert's key strengths include its lightning-fast blockchain (100k TPS) and extremely low gas fees ($0.0000000000001), contributing to its increasing adoption and potential for exponential growth.
- Hong Kong Giant VSFG to Shake Up Crypto Investing with Bitcoin ETF Launch
- Mar 29, 2024 at 04:06 am
- Venture Smart Financial Holdings Ltd. (VSFG) plans to launch a spot bitcoin exchange-traded fund (ETF) in Hong Kong by May. The firm is collaborating with Value Partners and has engaged in discussions with the SFC to finalize the launch. If regulatory hurdles arise, a June launch is also feasible. The ETF's unique feature, allowing in-kind creations and redemptions, is expected to boost AUM and trading volume, benefiting issuers, HKEx, VATPs, and Participating Dealers.
- AI-Powered Crypto Surge: Fetch.ai, Render, Algotech Captivate Investors
- Mar 29, 2024 at 04:05 am
- As the crypto market evolves, AI-based tokens continue to gain attention. Fetch.ai (FET) has surged by 697%, outperforming 91% of top cryptos. Render (RNDR) has rallied by 56.18%, driven by increasing interest in decentralized computing. Algotech (ALGT) is an emerging project that has raised over 3.1M in its presale and offers promising growth potential for investors.
- Meme Coin Rally Surges as Dogecoin, Floki Inu, and Bonk Post Impressive Gains
- Mar 29, 2024 at 04:05 am
- Dogecoin, Floki Inu, and Bonk are experiencing impressive gains, with respective 24-hour increases of 16%, 11.7%, and 13.4%, as investors adopt a risk-on approach to markets and seek speculative investments. Dogecoin's momentum stems from Elon Musk's potential integration with Tesla and X, while Floki Inu's rise is tied to plans for regulated digital banking accounts using Floki tokens. Bonk's surge can be attributed to whale buying activity, highlighting the influence of certain investors on Solana-based meme tokens.
- Shiba Inu Surges: Technical Analysis Points to Bullish Trend and Potential for Further Gains
- Mar 29, 2024 at 04:05 am
- Shiba Inu (SHIB) surged 7% in the past 24 hours, reaching $0.00002995 with a 42% increase in trading volume to $2.2 billion. This rise follows SHIB's successful breach of $0.00003, marking a 211% gain in 30 days and hinting at a potential recovery towards its March peak of $0.00004563.
- Ark Invest CEO Defends Coinbase Stock Sale Amid Market Speculation
- Mar 29, 2024 at 04:04 am
- Cathie Wood, CEO of Ark Invest, provided an explanation for selling Coinbase's stock (COIN) during an "Ask Me Anything" Q&A session. She emphasized that the sale was part of their active management strategy and not a "dumping" of assets. Wood stated that Coinbase had performed well, resulting in it exceeding 10% of their portfolio, and that they were taking profits to invest in other stocks that had been negatively impacted by short-term news.