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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 Compass: Uniswap Faces SEC Scrutiny, Avalanche Soars, and BlockDAG's No-Code Revolution
- Apr 17, 2024 at 02:00 pm
- Amidst the turbulent crypto market, Uniswap faces SEC scrutiny while Avalanche sustains upward momentum. BlockDAG Network emerges as a disruptive force, offering accessible smart contract solutions with its low code/no code platform boasting speeds of 10,000-15,000 transactions per second. As other platforms navigate uncertainty, BlockDAG's $0.001 price surge signals a promising future, highlighting a potential shift in the crypto landscape. Its upcoming moon keynote video further generates buzz for this innovative project.
- Cryfi Revolutionizes Crypto Trading with Verified Signals and Exclusive NFTs
- Apr 17, 2024 at 01:59 pm
- Cryfi is a novel platform addressing the pressing need for trustworthy trading advice in the cryptocurrency domain. Founded by CEO Yura Mizin, Cryfi introduces a blockchain-verified trading signal platform. Its cornerstone is the Proof-of-Signal authenticated leaderboard, which ranks signal providers based on proven track records. Cryfi's transparent environment empowers professional traders to establish and connect with communities through managed subscription channels, fee collection, and promotional tools.
- Arbitrum Token Unlock Sends Market Jitters Soaring as Volatility Looms
- Apr 17, 2024 at 01:56 pm
- Arbitrum (ARB) investors face uncertainty as a significant token unlock event looms on April 16th. Scheduled to release 92.65 million ARB tokens, representing 3.49% of the supply, the event has triggered bearish sentiment, leading to a 25% decline over the past week. Amber Group, a major ARB holder, has offloaded tokens in anticipation, amid concerns over potential price volatility and market turbulence. Investors are advised to monitor closely as the outcome is expected to significantly impact ARB's future trajectory.
- Polygon's Grandiose Plans: Bridging Solana, Ethereum, and the AI Revolution
- Apr 17, 2024 at 01:51 pm
- Polygon's X Layer aims to bridge Solana with Ethereum, while InQubeta's AI-powered crypto platform gains analyst support as its final presale phase nears. Polygon's ambitions extend beyond Ethereum scaling, aiming to connect diverse blockchains like Solana through its AggLayer protocol. Meanwhile, InQubeta, an emerging AI altcoin, has secured over $13.6 million in its presale, with analysts predicting a 5,000% surge in value upon its exchange listing.
- Bybit Launches Blockchain for Good Alliance, Uniting Web3 Leaders for Social Transformation
- Apr 17, 2024 at 01:44 pm
- Bybit establishes the Blockchain for Good Alliance (BGA), uniting blockchain foundations, universities, and NGOs to harness blockchain technology's potential for social advancement. This alliance aims to bridge the gap in the Web3 industry by utilizing blockchain and crypto ecosystems to drive social progress and address pressing global issues.
- Altcoins Soar Despite Choppy Market
- Apr 17, 2024 at 01:43 pm
- Multiple altcoins are expected to surge before the Bitcoin halving, with some already trending. NEAR Protocol aims to regain momentum, while Dogecoin and Toncoin show promise. Ripple looks for long-term gains, and KangaMoon emerges as a top choice due to its successful presale and potential to reach $10 in Q2 2024.
- Bitcoin ETFs Face Net Outflows, Grayscale's GBTC Key Driver
- Apr 17, 2024 at 01:36 pm
- Amidst a global crypto market surge, spot bitcoin exchange-traded funds (ETFs) in the United States have witnessed consecutive net outflows, totaling over $58 million yesterday, bringing the cumulative net inflow down to $12.43 billion. Grayscale's Bitcoin Trust (GBTC) accounted for the majority of outflows, losing nearly $79.4 million, while the Ark 21Shares Bitcoin ETF also experienced net redemptions. Nonetheless, inflows dominated other spot bitcoin ETFs, with the iShares Bitcoin Trust leading the way with $25.78 million.
- The Interwoven Web: Bitcoin's Impact on Altcoin Dynamics
- Apr 17, 2024 at 01:33 pm
- The relationship between Bitcoin and altcoins is multifaceted, with Bitcoin's dominance heavily influencing the altcoin market. Factors such as investor confidence, price correlation, and media coverage play significant roles in this dynamic. Furthermore, technical and regulatory aspects, such as blockchain innovations and cryptocurrency laws, can impact the correlation between Bitcoin and altcoins. Understanding these factors is crucial for investors navigating the complex world of cryptocurrencies.
- Three Cryptocurrencies Set to Shape the Industry: Pepe Coin, Ethereum, and Retik Finance Poised for Domination
- Apr 17, 2024 at 01:30 pm
- As April approaches, the crypto market anticipates notable developments. Ethereum's upcoming upgrades may further solidify its position, while Pepe Coin's meme-driven rise continues to intrigue. Retik Finance stands out with its DeFi solutions bridging fiat and crypto, exceeding presale goals and launching innovative crypto cards in partnership with Visa and Mastercard, positioning it as a potential frontrunner in the 2024 crypto landscape.
- Milei Moneda Soars as Deflationary Meme Coin with Governance Rights
- Apr 17, 2024 at 01:30 pm
- Milei Moneda ($MEDA), a surging deflationary token project with NFTs and governance rights, stands out amidst recent crypto market volatility. Avalanche (AVAX), despite a slight price decline, exhibits bullish momentum due to whale accumulation and low Bitcoin correlation, while Aptos (APT) shows promise through its partnership with io.net to decentralize AI, driving analysts to predict potential growth for both AVAX and APT.
- Ethereum Soars Against Crypto Downturn, Signaling Shift in Investor Focus
- Apr 17, 2024 at 01:30 pm
- Amidst a bearish crypto market, analysts from Santiment and Daan Crypto observe a surge in discussions and interest surrounding Ethereum (ETH). This increase in ETH conversations coincides with the launch of a new ETH-based ETF, attracting attention despite a simultaneous rise in short positions. Ethereum's price action is scrutinized, with crucial resistance levels identified around $3,055 and $3,200, potentially influencing its short to mid-term performance.
- Unicorn Launches Airdrop Epoch, Inviting NFT and Memecoin Communities to Compete for Rewards
- Apr 17, 2024 at 01:28 pm
- Unicorn's latest airdrop epoch has commenced, offering a unique opportunity for over 30 NFT and memecoin communities to compete for the highest claim rate of UNICORN coins. Coin holders on Ethereum, Solana, and Cosmos can participate to boost their gains and join the vibrant and humorous Unicorn community.
- OKX Unleashes "X Layer," Poised to Dominate the On-Chain Arena
- Apr 17, 2024 at 01:22 pm
- OKX, a major centralized exchange, has entered the Layer-2 space with the launch of "X Layer," an Ethereum-compatible platform built using Polygon's Chain Development Kit (CDK). This new layer provides seamless on-chain access to OKX's 50 million users and already supports 30 live applications, with 170 more in the testnet. X Layer aims to compete in the on-chain market dominated by Coinbase's Base and Binance's Smart Chain, potentially shaking up the landscape of centralized exchanges.
- Italy Bolsters Healthcare System with Personnel Recruitment and Training Amendments
- Apr 17, 2024 at 01:15 pm
- In a bid to improve healthcare services, the Italian Parliament has accepted key amendments proposed by the Conference of the Regions. These amendments are intended to enhance recruitment of specialist healthcare professionals and increase spending limits for medical and healthcare personnel, thus mitigating the issue of "coin-free doctors" and improving the overall quality of healthcare services.
- Contagion Effect: S&P 500's Downturn Sends Shivers Down Bitcoin's Spine
- Apr 17, 2024 at 01:13 pm
- The contagion effect between US stocks and Bitcoin (BTC) could continue to impact the cryptocurrency market. The recent fall of the S&P 500 below its 50-day moving average has caused nervousness among investors, which may spill over into the crypto market, potentially leading to increased volatility and a decline in Bitcoin's price.
- io.net Unveils Tokenomics for IO, Paving the Way for Deflationary Cloud Computing
- Apr 17, 2024 at 01:12 pm
- Io.net, a DePIN project utilizing Solana, has unveiled the tokenomics for its IO Coin. With a fixed supply of 800M tokens, the project aims to create a decentralized cloud computing network powered by the "digital oil" of this generation. Tokenomics principles include hourly rewards for stakers and suppliers, with a disinflationary model distributing 500M tokens at launch and 300M for rewards. Additionally, a token burning mechanism reduces supply and creates deflationary pressure, utilizing platform revenue to purchase and burn IO tokens.
- Cryptocurrency Analyst Predicts Imminent 400x Surge for XRP Despite Market Volatility
- Apr 17, 2024 at 01:10 pm
- Cryptocurrency analyst Javon Marks remains optimistic about XRP despite its recent price dip. Marks believes that XRP's bullish trend remains intact and that the current market downturn does not invalidate a previous breakout recorded in July 2023. Citing XRP's surge in 2017-2018 after breaking out of a similar downward trendline, Marks projects a potential 400x price increase from its current level of $0.59 to $288.
- Solana Dives Below $150 as Bearish Sentiment Dominates
- Apr 17, 2024 at 01:08 pm
- Solana (SOL) price has entered a bearish zone below $160, exhibiting a downward trend after breaking through crucial support levels like $155 and $150. The price breached the $130 level, forming a low of $127.68 before consolidating losses. Despite the possibility of a recovery wave, the $150 resistance level poses a significant hurdle, as does a bearish trend line near $155.
- Belgian Higher Education Commission Clash in Bitter Debate Over Landscape Decree Reform
- Apr 17, 2024 at 01:07 pm
- Commission parlementaire sur l'enseignement supérieur : affrontements acrimonieux lors du débat sur la réforme du décret Paysage Bruxelles, Belgique - La commission parlementaire belge de l'en...
- Crypto Market Swings: Bitcoin Surges, Solana Falters
- Apr 17, 2024 at 01:07 pm
- Based on the weekly chart, Solana has experienced a significant decline of 18%. Despite a 6.06% increase in its daily value, the cryptocurrency remains 18.02% lower compared to last week. Likewise, other altcoins such as Polka Dot, Shiba Inu, and Polygon have also faced declines of 20.6%, 16.27%, and 19.85%, respectively, over the same period.