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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 / 27
- Bitcoin Halving Clock Ticks Down: Expect Price Movement, Innovation Catalysts
- Mar 27, 2024 at 09:41 pm
- As the Bitcoin Halving 2024 event nears, with only 24 days remaining, three major catalysts emerge as potential triggers for an upside BTC price move. With the halving event historically leading to a significant increase in Bitcoin's price, these catalysts include the launch of Bitcoin Runes, revolutionizing fungible token creation, the upcoming Nakamoto Upgrade for Stacks (STX) enhancing Bitcoin's capabilities, and the enthusiasm surrounding the ordinal ecosystem. These events aim to expand Bitcoin's utility beyond its traditional store of value role, potentially driving a positive impact on its price ahead of the halving.
- State Drops Homicidal Charges Against Leon Ford in Crites Case
- Mar 27, 2024 at 09:39 pm
- After a tumultuous trial in Helena, Leon Ford's homicidal charges in the killing of John "Mike" Crites have been dropped. The case against Ford has been dismissed after jurors failed to reach a verdict last June. Lewis & Clark County Attorney, Kevin Downs, announced that the State will not retry the case, citing a thorough review of evidence.
- Bitcoin Stumbles Below $70K Threshold, Ethereum Dips
- Mar 27, 2024 at 09:39 pm
- Bitcoin (BTC) and Ethereum (ETH) dipped on Wednesday, but BTC remained above $70,000 and ETH stayed over $3,500. Mantle (MNT) was the top gainer with a 39.7% increase, while KuCoin Token (KCS) led the losses with a 15.7% drop. The global crypto market cap fell 0.9% to $2.65 trillion.
- Crypto Market Dips, Bitcoin Holds Above $70K
- Mar 27, 2024 at 09:39 pm
- Amidst Wednesday's market fluctuations, Bitcoin hovered above $70,000 while Ethereum dipped below $3,600. Mantle emerged as the top gainer with a 39.7% surge over 24 hours, while KuCoin Token suffered a 15.7% loss, marking the most significant decline.
- Coinbase's On-Chain Shift: Trailblazer or Decentralization Enigma?
- Mar 27, 2024 at 09:30 pm
- Coinbase has decided to move customer and corporate USDC balances onto the Base blockchain. This move will provide benefits in terms of settlement speed and cost savings. However, concerns remain about the level of decentralization on Base, as it is currently operated by Coinbase as a single sequencer.
- AI Titans Unite: A Decentralized AI Ecosystem Emerges
- Mar 27, 2024 at 09:30 pm
- Three prominent decentralized AI projects, Fetch.ai, SingularityNET, and Ocean Protocol, are merging to form the Superintelligence Collective, the world's largest decentralized AI ecosystem. This merger aims to accelerate progress towards decentralized AGI and ASI, providing an alternative to centralized AI development controlled by Big Tech companies. The new entity, led by Ben Goertzel, will combine the strengths of each project to create a scalable decentralized AI infrastructure and foster a more democratic and inclusive AI ecosystem.
- Munchables Recovers $62.5 Million Stolen Funds, Blames North Korean Hackers
- Mar 27, 2024 at 09:19 pm
- Munchables, a web3 game operating on the Ethereum network, has successfully recovered $62.5 million stolen in an exploit. The attacker returned all stolen funds, including ETH, WETH, and the main owner key, without demanding a ransom. The Blast network founder confirmed the return and announced that $97 million has been secured in a multisig account, which will be distributed to affected parties. The incident highlights the importance of thorough security measures and the prevalence of North Korean hackers infiltrating crypto projects.
- ICP Token Pledges Aim to Drive Protocol Decentralization on Internet Computer
- Mar 27, 2024 at 09:12 pm
- The Dfinity Foundation, Swiss non-profit behind the Internet Computer blockchain, has announced community members' commitment of over 6.5 million ICP tokens to transform protocols into decentralized autonomous organizations (DAOs) in 2023. The total value of committed tokens has surpassed $120 million, with community members utilizing the Service Nervous System (SNS) framework to decentralize top ecosystem protocols.
- KuCoin's Legal Storm: Flee or Weather the Gale?
- Mar 27, 2024 at 09:12 pm
- Amidst the crypto world's turmoil, KuCoin faces legal scrutiny for alleged violations of financial regulations. The exchange's indictment raises concerns about compliance, money laundering, and the tightening grip of regulatory oversight. However, KuCoin's resilience and the industry's ongoing adaptation to legal challenges highlight the dynamic nature of the crypto space.
- Truist Securities Raises DoorDash Price Target to $155 on Strong GOV Performance
- Mar 27, 2024 at 09:10 pm
- On Wednesday, Truist Securities adjusted its outlook for DoorDash Inc. (NASDAQ:DASH), increasing the shares price target to $155 from the previous $140, while maintaining a Buy rating. The adjustment ...
- DSCVR Frames: A Game-Changer for Embedded Apps and Community Engagement
- Mar 27, 2024 at 09:10 pm
- DSCVR, the prominent Web3 social media platform, has introduced "DSCVR Frames" to amplify the ownership, monetization, and distribution of content for users, creators, and developers. Utilizing the platform's API, Frames enables embeddable applications within the DSCVR feed, leveraging the Social Graph and feed technology to enhance the reach, engagement, and virality of decentralized apps (dApps).
- Massive Bitcoin ETF Growth Will ‘Continue for Years’, Says Bitwise CIO - Decrypt
- Mar 27, 2024 at 09:09 pm
- Bitwise CIO Matt Hougan predicts the overwhelming demand for Bitcoin spot ETFs, which have absorbed $11.7 billion net inflows in their first two months, will continue for years. Hougan highlights factors such as increased adoption among financial advisors, due diligence processes, and institutional investors increasing their ideal Bitcoin portfolio share to 3% or higher, driven by the de-risking effect of ETFs on the cryptocurrency's volatility.
- Neura Unveiled: Blockchain Revolutionizing AI, Cloud, and Web3
- Mar 27, 2024 at 09:07 pm
- Ankr, a leading blockchain infrastructure provider, has unveiled Neura, a groundbreaking platform that merges AI, cloud computing, and Web3 technologies. Neura's robust infrastructure empowers AI startups with decentralized GPU resources, crypto-based crowdfunding, and on-chain AI operations. Its innovative Initial Model Offerings (IMOs) facilitate project investment and resource acquisition via the blockchain, revolutionizing AI development and fostering a new era of digital innovation.
- VeChain's Code-Free Asset Tokenization Platform: A Game-Changer for Blockchain Adoption
- Mar 27, 2024 at 09:06 pm
- VeChain's groundbreaking code-free asset tokenization platform, Marketplace-as-a-Service (MaaS), is revolutionizing the crypto landscape. This platform empowers users to tokenize digital assets without coding expertise, democratizing access to blockchain technology. VeChain's strategic collaboration with MotoGP's Gresini Racing highlights MaaS's functionality, showcasing its potential for widespread adoption. Notably, the platform's user-friendly features streamline asset tokenization, catering to the growing demand for tools to tokenize real-world assets.
- Bitcoin Market Downturn Looms as Halving, ETF Concerns Cast Shadow
- Mar 27, 2024 at 09:06 pm
- Market downturn signals emerge with Bitcoin halving and ETF trends. Unrealized gains and reduced ETF inflows amplify selling pressure. Bitcoin's technical pattern hints at potential price corrections, with support levels and Fibonacci retracements providing insights into market dynamics.
- Meme Coins: The Barking Mad World of Crypto's Quirky Companions
- Mar 27, 2024 at 09:05 pm
- Meme coins, a peculiar subset of cryptocurrency, derive value from internet trends, memes, and community engagement. Unlike traditional cryptocurrencies, meme coins are primarily fueled by online communities and social media hype, often featuring humorous or satirical elements in their branding and marketing. They have experienced varying degrees of success, with some gaining significant popularity and others fading into obscurity. Before investing in meme coins, it's crucial to understand their nature, community-driven development, social media presence, and inherent volatility.
- Blockchain-Based AI Titans Merge to Form Decentralized AI Alliance Worth $7.5 Billion
- Mar 27, 2024 at 09:04 pm
- SingularityNET, Fetch.ai, and Ocean Protocol are reportedly engaged in discussions to merge their tokens into an ASI token, possibly valued around $7.5 billion. The proposed merger, contingent on approval from each project's community, aims to create a decentralized AI platform through the establishment of a "Superintelligence Collective" led by SingularityNET's CEO and Fetch.ai's chairman. The merged token, ASI, would boast a supply of approximately 2.63 billion tokens, with conversion rates set for AGIX and OCEAN tokens.
- Blockchain Giants Merge to Create Decentralized AI Powerhouse
- Mar 27, 2024 at 09:04 pm
- Three cryptocurrency companies, SingularityNET, Fetch.ai, and Ocean Protocol, are discussing a merger to form a unified decentralized AI platform. The merger, pending community approval, could see the launch of a new token with an estimated value of $7.5 billion. The announcement has boosted the prices of the companies' tokens, but concerns remain about the long-term demand and utility of AI tokens.
- Ethereum Surge Fuels Interest in Pushd (PUSHD)
- Mar 27, 2024 at 09:04 pm
- Ethereum's (ETH) surge has spurred interest in Pushd (PUSHD), a presale project that uses ETH's blockchain technology for a secure e-commerce platform. Pushd's (PUSHD) presale, priced at $0.125, has attracted Bitcoin (BTC) and Cardano (ADA) holders seeking investment opportunities and the chance to enter the e-commerce market's transformative potential.
- Crypto Market Downturn Hits Litecoin and Tron, Milei Moneda Emerges as Promising Contender
- Mar 27, 2024 at 09:04 pm
- Amidst crypto market volatility, Litecoin (LTC) plunges despite a $2.3 million inflow, while Tron (TRX) faces a 14% price drop despite boasting 216 million registered accounts. Conversely, Milei Moneda ($MEDA) emerges as a promising alternative with its disruptive meme coin characteristics, deflationary tokens, NFTs, governance, and potential for substantial returns. As investors question the resilience of LTC and TRX in the face of market challenges, Milei Moneda ($MEDA) attracts attention with its unique value proposition and upcoming Uniswap launch.