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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 / 23
- Coinbase's Inflated Valuation Clouds Future Amidst Waning Hype
- Apr 23, 2024 at 06:10 pm
- Coinbase stock faces a downward trend due to its inflated valuation. Despite its value as a cryptocurrency exchange, the stock's price-to-earnings ratio is significantly higher than industry peers. Analyst Dan Dolev's revised target price of $145, while higher than previous estimates, still reflects concerns about Coinbase's rich valuation. At the current valuation, investors are advised to exercise caution until a more reasonable price is reached.
- Token Unlocks Loom: OP, YGG, and DYDX Face Liquidity Surge
- Apr 23, 2024 at 06:08 pm
- This week, three tokens—OP, YGG, and DYDX—are scheduled for unlocks, increasing their liquidity and potentially driving down prices. OP and YGG have already experienced a decline in value, while DYDX remains relatively unaffected. These unlocks release previously locked tokens into the market, amplifying current market trends.
- Uniswap Crosses 3.2 Million Multichain Swaps Milestone
- Apr 23, 2024 at 06:08 pm
- Uniswap, a pioneering decentralized exchange (DEX), has reached a significant milestone in its multichain adoption, with over 3.2 million users now utilizing its protocols across multiple chains, including Ethereum, Arbitrum, and Binance Coin (BNB). This achievement highlights Uniswap's commitment to interoperability and its belief in the multichain future of the blockchain industry.
- Post-Bitcoin Halving Market Surge: Furrever Token (FURR) Emerges as a Purrfect Investment Opportunity
- Apr 23, 2024 at 06:06 pm
- With Bitcoin halving behind us, Binance Coin (BNB) and Dogecoin (DOGE) have shown promising signs. However, Furrever Token (FURR), a unique and light-hearted project, stands out with a potential 15x return on investment and an already successful presale. While BNB and DOGE face technical challenges, FURR's focus on security, community, and adorable kitties could propel it to new heights, potentially eclipsing the established crypto giants.
- WEEX Exchange Revolutionizes Ecosystem with Launch of WXT Token, Empowering Community and Rewarding Engagement
- Apr 23, 2024 at 06:06 pm
- WEEX Exchange, a leading force in the cryptocurrency market, unveils WXT, its exclusive proprietary token, to enhance engagement and reward community participation. Operating under the ERC-20 standard, WXT incentivizes the WEEX ecosystem, serving as a dynamic reward mechanism for partners, contributors, and active members. With a total supply of 10 billion, WXT is designed to empower users with exclusive benefits, including future trading fee discounts, referral bonuses, copy trading advantages, and airdrop rewards. Its planned launch this summer aims to attract a broader audience and solidify WEEX's position as a major competitor in the crypto trading landscape.
- Flare API Portal Integrates Cosmos Hub, Streamlines Blockchain Access
- Apr 23, 2024 at 06:06 pm
- Flare API Portal has integrated Cosmos Hub, improving accessibility and functionality for developers within its interchain ecosystem. By offering free public APIs through Cosmos Hub, Flare simplifies the process of accessing blockchain technology for developers and expands the range of services available to Cosmos Hub users. The integration is part of Flare's broader strategy to enhance interchain services and make blockchain technology more widely accessible and scalable.
- Neura AI Blockchain Embarks on 'Road to Mainnet' Campaign, Ushering in a New Era of Web3 Innovation
- Apr 23, 2024 at 06:06 pm
- The Neura AI blockchain has released a "Road to Mainnet" campaign outlining its strategy for a successful mainnet launch. This Layer-1 blockchain combines AI, Web3, and cloud computing to offer advanced solutions for the Web3 ecosystem. The campaign includes strategic steps to engage developers and showcase the Neura Network's capabilities, such as a decentralized GPU marketplace and Initial Model Offering (IMO) framework. The campaign also features an AI Innovators competition with a $100,000 grant pool for seasonal developer teams to create groundbreaking projects utilizing Neura's AI and blockchain capabilities.
- PayPal Drops NFT Protection, Raising Red Flags for Buyers and Sellers
- Apr 23, 2024 at 06:06 pm
- PayPal is discontinuing buyer and seller protections for NFT transactions effective May 20th. The Purchase Protection Program will no longer cover NFTs, and the Seller Protection Program will exclude NFT transactions over $10,000. This change aligns with PayPal's recent shift to treat NFTs as collectibles rather than financial instruments.
- Unveiling Jerusalem's Tapestry: Clay Token Reveals Temple Rituals and Diaspora Ties
- Apr 23, 2024 at 06:06 pm
- The recent discovery of a 2,000-year-old clay token with a Greek inscription during the ongoing Temple Mount Sifting Project in Jerusalem sheds new light on the practices surrounding Jerusalem's early Roman and Second Temple periods. The Greek inscription, deciphered as "Doulês," suggests connections to Greek-speaking pilgrims, underscoring the diverse linguistic and cultural tapestry of the ancient Jewish world. The token, featuring a depiction of a wine jug, may have played a pivotal role in religious offerings during annual pilgrimage festivals.
- SAFE Tokens Soar Amid Community Support as Unlocking Unleashes Potential
- Apr 23, 2024 at 06:05 pm
- Safe, the governance token of decentralized finance custodian Safe Protocol, has become transferable after a two-year lock period. The token's price initially declined by 19% after its unlock, but has since stabilized. The token's fully diluted valuation stands at over $2.8 billion with a current circulating supply of 427 million. Safe's transferability was enabled after a SafeDAO governance vote, with over 99% of participants accepting the proposal. The token is now listed on OKX, a cryptocurrency exchange, for spot trading.
- Coinbase Listing Propels PEPE Token to Record Highs
- Apr 23, 2024 at 06:05 pm
- The listing of PEPE coin on Coinbase's perpetual futures market has triggered a 33% price surge, propelling it to become the 45th-ranked cryptocurrency. This phenomenon, known as the "Coinbase effect," often boosts asset prices due to increased investor exposure and demand.
- Altcoins Emerge as Powerhouses in the Gaming Industry
- Apr 23, 2024 at 06:04 pm
- The rise of altcoins, variants of cryptocurrencies like Bitcoin, is significantly impacting the gaming industry. These digital currencies, integrated into video games, establish decentralized and transparent gaming economies, fostering player engagement and revolutionizing revenue models. The integration of altcoins has driven innovation, stimulating game development and enabling unique experiences for players. This article explores the transformative role of altcoins in the gaming sector, highlighting popular examples like SAND, AXS, and MANA, and anticipating their continued influence in shaping the future of video games.
- Akash Network Soars to New Heights, Defying Predictions
- Apr 23, 2024 at 06:04 pm
- Akash Network (AKT) surged 47.81% against the US dollar today, rallying 47.27% against Bitcoin (BTC) and 49.77% against Ethereum (ETH). AKT's value currently falls 16.82% short of our April 28, 2024 prediction. Despite this, it has gained 15.70% within the last month and an impressive 2,088.49% over the past year. The Fear & Greed index for AKT stands at 71, indicating greed, while technical indicators predominantly favor a bullish sentiment. Our AKT price prediction anticipates a 30.24% rise in the next 5 days, targeting $5.22.
- FILLiquid Testnet Phase Two Shatters Records, Fueling Anticipation for Game-Changing $FIL Lending Platform
- Apr 23, 2024 at 06:03 pm
- FILLiquid, a Filecoin borrowing and lending protocol, launches the second phase of its testnet, attracting over 6,000 testers eager for its free $FIG airdrop. The protocol aims to enhance $FIL liquidity, enabling holders to earn interest while alleviating financial burdens for storage providers seeking to expand their services.
- Meme Coins: The Underdogs of Crypto on the Rise After Bitcoin Halving
- Apr 23, 2024 at 06:03 pm
- Amidst the excitement surrounding the recent Bitcoin halving, meme coins are gaining traction as unique digital assets that blend humor with digital strategy. This article highlights six promising meme coins under $1, including ButtChain, Ponke, cat in a dogs world, Brett, Pepe Coin, and Dogecoin, offering insights into their key features and potential in 2024.
- Student Coin Unveils Redemption Program to Repurchase All STC Tokens
- Apr 23, 2024 at 06:02 pm
- StudentCoin, an educational platform specializing in blockchain technology, has initiated a program to repurchase all circulating STC tokens, providing holders an exit strategy. This move follows the announcement of the project's closure, with remaining resources dedicated to token redemption at varying prices based on holding duration and community participation. The redemption process commenced on April 9, 2024, and will continue over the next five years, with deadlines for token holders using the STC Wallet and external wallets. Tokens not redeemed by the specified dates will be burned, removing them from circulation.
- Shiba Inu's $12 Million Infusion Fuels Blockchain Transformation, Empowering DeFi
- Apr 23, 2024 at 06:02 pm
- Shiba Inu (SHIB) takes strides in the DeFi sector with a significant $12 million investment from renowned crypto-VCs. This investment fuels the development of SHIB's new layer-three blockchain, TREAT, a utility and governance token designed to enhance the SHIB ecosystem's scalability and security through Fully Homomorphic Encryption technology. The strategic funding from top VCs indicates their belief in SHIB's potential to set new standards in the meme cryptocurrency space and drive innovation in the broader DeFi landscape.
- Lucrative Gateway to Crypto Wealth: Unlocking Altcoin Mining Profits
- Apr 23, 2024 at 06:02 pm
- Altcoin mining offers lucrative opportunities for cryptocurrency enthusiasts seeking to capitalize on digital assets. Amidst the wide array of altcoins, six stand out as particularly profitable: Ether (ETH), Monero (XMR), Litecoin (LTC), Dogecoin (DOGE), Zcash (ZEC), and Ravencoin (RVN). These altcoins present unique characteristics, from privacy-focused features to accessible mining algorithms, catering to diverse mining strategies.
- Blockchain Life Forum Defies Storm, Draws Record Attendance of 10,162 to Dubai
- Apr 23, 2024 at 06:02 pm
- The 12th Blockchain Life Forum in Dubai attracted over 10,000 crypto industry leaders, despite severe weather conditions. Over 160 renowned speakers discussed the latest blockchain trends, while 133 exhibiting companies showcased the latest web3 technologies. The forum concluded with an exclusive afterparty featuring a live concert by Alan Walker.