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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 / 17- Crypto Storm Approaches: Looming 20% Bitcoin Correction
- Apr 17, 2024 at 03:24 pm
- The cryptocurrency market is experiencing uncertainty, with Crypto Quant analyst Bitcoin Lupin predicting a potential 20% correction in Bitcoin. This is due to the elevated Bitcoin MVRV ratio of 2.23, which historically indicates an overheated market. The correction could lead to a drop in Bitcoin's price to $50k, affecting the broader crypto ecosystem.
- XRP Recovery Stalled Amidst Legal Battles, Emerging Cryptocurrencies Surge
- Apr 17, 2024 at 03:23 pm
- The ongoing SEC lawsuit against Ripple continues to hinder XRP's price growth, keeping it below the $0.62 mark. Despite Ripple's efforts to bolster XRP's value, including the introduction of a new stablecoin, the market sentiment remains skeptical. As a result, hitting $1 this year is highly unlikely for XRP. However, emerging crypto presales like Dogeverse, Slothana, 99 Bitcoins, 5thScape, Dogecoin 20, and Sponge V2 are attracting massive investments and are anticipated to explode in the coming months, offering investors potentially lucrative returns.
- Solana, Toncoin Surge, Rebel Satoshi's RECQ Presale Promises High Returns
- Apr 17, 2024 at 03:22 pm
- In 2024, Solana (SOL) and Toncoin (TON) have emerged as promising crypto investments, with SOL gaining 48% and TON surging 174%. Rebel Satoshi's RECQ token, currently in public presale, has attracted attention with its ambitious mission and potential for significant ROI, boasting an 85% return for early investors and a forecasted 525% gain at launch.
- Infection Free Zone: Fix for Vanishing Buildings Error
- Apr 17, 2024 at 03:22 pm
- Infection Free Zone players are facing a bug where buildings disappear from the map, making it hard to complete repairs or send squads home. Although the developers have yet to release a permanent fix, the community has identified three potential solutions: restarting the game, scanning and fixing the game files, or reinstalling the game. If these options fail, players can wait for an official patch.
- Bitcoin's Mining Difficulty Surges to Record High, Impacting Altcoins and Investment Strategies
- Apr 17, 2024 at 03:19 pm
- Bitcoin's mining difficulty has recently achieved an all-time high of 86.4 trillion, marking a 600% increase since 2020. This surge may have mixed effects on other altcoins, potentially boosting market sentiment and altcoin demand or leading to a preference for Bitcoin over altcoins. The impact on altcoins will depend on factors such as market sentiment and investor behavior.
- Bitcoin Spot ETFs See Net Outflows Amid Muted Market Activity
- Apr 17, 2024 at 03:19 pm
- On April 16th, spot Bitcoin ETFs witnessed net outflows of $58 million, marking a two-day decline. Grayscale Bitcoin ETF (GBTC) outflows slowed to $79.4 million, while Ark Invest's ARKB experienced negative outflows of $13 million. Notably, BlackRock's IBIT recorded a significant net inflow of $25.78 million. Despite these outflows, Bloomberg analyst James Seyffart emphasizes that zero inflow days are commonplace in ETFs, including Bitcoin ones, and should not be interpreted negatively.
- Navigating the Crypto Security Landscape: A Comprehensive Guide to Safeguarding Your Bitcoin Assets
- Apr 17, 2024 at 03:17 pm
- In the realm of cryptocurrency, safeguarding your digital assets is paramount. Explore the top 5 Bitcoin wallets renowned for their robust security: hardware wallets for offline storage, paper wallets for physical preservation, software wallets for convenience with added security, mobile wallets for on-the-go access, and multisignature wallets for collaborative security.
- Ripple-SEC Showdown Looms: Deadlines Met, Penalties in the Air
- Apr 17, 2024 at 03:15 pm
- Ripple's ongoing legal battle with the SEC continues, with Ripple's Chief Legal Officer, Stuart Alderoty, revealing upcoming court deadlines. Despite rumors of a settlement, Ripple will respond to the SEC's request for penalties by April 22, with the SEC having until May 6 to reply. The pre-trial conference is no longer relevant as the case proceeds towards resolving penalty issues in court.
- TRON DAO Steals the Limelight as Platinum Sponsor of Prestigious Harvard Blockchain Conference
- Apr 17, 2024 at 03:14 pm
- The Harvard Blockchain Conference, sponsored by TRON DAO, highlighted the potential of blockchain technology and the contributions of TRON DAO's initiatives, including the HackaTRON competition and the TRON Builder Tour. The conference featured discussions on integrating Real-World Assets (RWAs) into blockchain, Bitcoin Ordinals, and BRC-20s. TRON DAO's Bitcoin integration plans were a key focus, showcasing their commitment to guiding students and fostering innovation within the blockchain ecosystem.
- Nigerian Naira Weakens Against Major Currencies Amid Concern Over FX Reserves
- Apr 17, 2024 at 03:14 pm
- On Tuesday, April 16, the Nigerian Naira depreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM), marking its first loss against the Dollar in a while. The decline was attributed to concerns about the depletion of the country's foreign exchange reserves, which have decreased by 6.2% or $2.16 billion in 29 days. The Naira weakened by 1.07% against the Dollar, selling at N1,148.14/$1 compared to the previous closing rate of N1,136.04/$1.
- Mon Protocol and Pixelverse Forge Unprecedented Alliance to Revolutionize Web3 Gaming
- Apr 17, 2024 at 03:14 pm
- Mon Protocol, a leading blockchain integrator in the publishing sector, has joined forces with Pixelverse, a blockchain-powered role-playing game, to revolutionize the digital landscape. This collaboration aims to enhance acceptance among web3 enthusiasts and bolster the brand visibility of Mon Protocol, leveraging Pixelverse's gaming environment to expand the user base to over 1.1 million engaged users.
- Crypto Market Correction Intensifies Ahead of Bitcoin Halving
- Apr 17, 2024 at 03:11 pm
- With the Bitcoin Halving approaching, the cryptocurrency market undergoes a significant correction, as top tokens show signs of selling pressure. Ether (ETH) has lost over 15% in value, and its altcoin counterpart, Ethena (ENA), follows a similar trend, both displaying uncertainty in price action due to opposing market forces.
- Shiba Inu Price Analysis: Month-by-Month Projections for $0.0001, $0.001, and $0.01
- Apr 17, 2024 at 03:11 pm
- Examining Shiba Inu's potential growth trajectory, this article analyzes the time frame required to reach price targets of $0.0001, $0.001, and $0.01 if a consistent monthly gain of 100% is achieved. The article considers Shiba Inu's recent performance, current market conditions, and speculative price predictions made by analysts.
- South Korea's Crypto Giant Upbit Witnesses Explosive Altcoin Trading Surge
- Apr 17, 2024 at 03:10 pm
- South Korea's largest cryptocurrency exchange, Upbit, has seen a surge in trading volume for altcoins such as Bitcoin Gold (BTG), Aave (AAVE), Ontology Gas (ONG), Hifi Finance (HIFI), and Mask Network (MASK). This unusual activity has drawn attention from market observers and prompted questions about its significance.
- Ragnarok: Monster World Emerges as Ethereum's Newest Gaming Juggernaut
- Apr 17, 2024 at 03:09 pm
- Ragnarok Online, the classic MMORPG, is entering the blockchain realm with Ragnarok: Monster World, a strategy game launching on the Ronin sidechain. Developed by ZERO X AND, the game features monster collection, tower defense, and PvP battles for rewards. The partnership between Gravity and Ronin aims to bring the iconic franchise to the Web3 gaming community.
- Bitcoin's Journey from Obscurity to Mainstream Acceptance
- Apr 17, 2024 at 03:08 pm
- Bitcoin's journey from inception to mainstream acceptance has been marked by volatility and innovation. Its creation in 2009 has spurred significant price fluctuations, regulatory challenges, and technological advancements. Despite these obstacles, Bitcoin has garnered interest from institutional investors and governments, culminating in its recognition as legal tender in El Salvador. However, the inherent volatility of BTC raises questions about the feasibility of investing in it.
- Traders Dial Back Bets on BOE Easing as Inflation Stays Stubborn
- Apr 17, 2024 at 03:07 pm
- After UK inflation came in higher than predicted, traders decreased their bets on the Bank of England's extent of monetary easing in 2024. They currently expect only one 25 basis point reduction by November, with a 30% probability of a second cut, which later crept closer to a 50% chance.
- Binance Coin (BNB): Market Volatility, Consolidate Around $600
- Apr 17, 2024 at 03:06 pm
- Binance Coin (BNB) faces consolidation below its weekly opening price, with a modest increase but lacking significant momentum. Bittensor (TAO) experiences a bearish trend with a 13.43% loss in the past 24 hours, indicating a negative outlook despite a 136.99% growth in the last three months. Ripple (XRP) remains on the edge as a potential legal resolution with the SEC could fuel a significant price increase, but the current market sentiment remains bearish.
- Traders Cautioned: Alex Krüger Advocates Caution in Volatile Crypto Market
- Apr 17, 2024 at 03:06 pm
- Amidst market volatility, crypto expert Alex Krüger advises traders to focus on the bigger picture and avoid short-term trading strategies due to the unpredictability of the crypto market, particularly during geopolitical instability. Krüger emphasizes the importance of understanding the long-term potential of the crypto market while acknowledging the challenges and risks associated with short-term fluctuations.
- AI Companions Surge in Popularity, Paving Way for Multi-Billion Dollar Industry
- Apr 17, 2024 at 03:04 pm
- The burgeoning popularity of virtual companionship is evident in the reported spending of $10,000 per month on AI girlfriends by a 24-year-old man. This trend reflects the rising market potential for AI-powered dating platforms, as exemplified by Match Group's massive $9 billion market cap. Moreover, AI boyfriends are also gaining ground, suggesting a thriving future for this segment of the dating app industry.