|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 / 18
- XRP Corrects Amidst Mixed Signals from Whale Transactions
- Apr 18, 2024 at 07:00 am
- Amidst a price correction, XRP exhibits a surge in large transactions from whale entities. These transactions have been a mixture of deposits and withdrawals from cryptocurrency exchanges and private wallets. The influx of XRP into exchanges signals potential selling pressure, while the outflow to private wallets suggests accumulation. Analysts speculate that these whale movements indicate bearish sentiment in the short term, aligning with XRP's ongoing price decline. However, some experts remain optimistic about XRP's long-term prospects, predicting significant price gains in the future.
- Solana Futures Plummet, Indicating Potential Price Drop
- Apr 18, 2024 at 07:00 am
- Solana's Futures Open Interest has plummeted to its lowest point in two months, signaling a decline in market participants' confidence. Key technical indicators, such as the Elder-Ray Index and Aroon Down Line, suggest the possibility of a further price drop for SOL in the near term.
- 阿肯色州加密货币挖矿法将于 2025 年进行潜在修订
- Apr 18, 2024 at 06:59 am
- Arkansas legislators are considering changes to the state's crypto mining law, with eight resolutions presented on the House floor. Two of the resolutions passed, aiming to give local governments more control over crypto mining sites, including the ability to regulate the industry and address concerns about noise and foreign ownership.
- Centrifuge Secures $15M Series A to Connect TradFi and DeFi Through RWA Tokenization
- Apr 18, 2024 at 06:58 am
- Centrifuge, an RWA tokenization platform, has raised $15 million in Series A funding from ParaFi Capital and Greenfield. The investment will be used to build a "universal gateway" for institutions to access on-chain liquidity and foster growth of the DeFi ecosystem through collaborations with Coinbase and Polygon. The funds will also support the company's operations and the development of solutions for the decentralized finance industry.
- Avalanche in Playoff Limbo Amidst Recent Struggles
- Apr 18, 2024 at 06:37 am
- The Colorado Avalanche enter the playoffs on a dismal note, having lost seven of their last ten games. Despite their poor recent form, they are favored by oddsmakers to defeat the Winnipeg Jets, who swept the Avalanche in their three regular season meetings. The Jets will host the first two games of the series, with Connor Hellebuyck's goaltending a key factor in Winnipeg's success against Colorado.
- Fed's Monetary Policy Sends Mixed Signals for Bitcoin, Crypto Markets
- Apr 18, 2024 at 06:32 am
- The Federal Reserve's cautious stance on monetary policy, as expressed by Chairman Jerome Powell, has led to market volatility in cryptocurrencies, particularly Bitcoin. Despite an initial dip, Bitcoin has exhibited resilience by recovering its critical support level, highlighting its inherent resilience amidst heightened market uncertainty. Expert analyses suggest that Bitcoin's current trading range between $61,000 and $72,400 is key, with a breakout potentially triggering significant momentum shifts.
- Bitcoin Halving Looms, Poised to Impact Crypto Market, Including Shiba Inu
- Apr 18, 2024 at 06:25 am
- The anticipated Bitcoin halving event, occurring every four years, has the potential to influence cryptocurrency prices. Historical halvings have triggered significant Bitcoin price surges, suggesting a similar outcome in the current cycle. The halving's impact extends to altcoins, with Shiba Inu (SHIB) experiencing notable growth after the May 2020 halving, highlighting its potential influence on meme coins. Extrapolating from historical trends and considering possible future Bitcoin price movements, Shiba Inu could experience a significant price increase, exceeding its previous all-time high.
- Crypto Trading Card Game 'Fantasy' Launches on Blast Mainnet, Secures $600K
- Apr 18, 2024 at 06:23 am
- Fantasy, a captivating crypto trading card game that allows users to trade crypto influencers as cards, has officially launched on Blast mainnet following a flourishing testnet phase. Garnering $600,000 in funding earlier this year, the project boasts an enticing feature where influencers earn 1.5% each time their cards are traded.
- Radiant Integrates with The Graph, Bolstering DeFi Autonomy and Security
- Apr 18, 2024 at 06:20 am
- Radiant Capital, a leading DeFi platform, has upgraded its BNB Chain subgraphs to The Graph's Decentralized Network, enabling greater autonomy and rapid data access for users while ensuring data security. This upgrade enhances the user experience and strengthens Radiant's position as a leading omnichain money market within the DeFi ecosystem.
- Worldcoin Unveils Dedicated Network to Drive Mass Adoption
- Apr 18, 2024 at 06:17 am
- Worldcoin Foundation has unveiled its plan to launch a proprietary Layer-2 network called World Chain on Ethereum. This new blockchain, designed for human use, is set to debut this summer. Featuring open, permissionless governance, World Chain prioritizes verified users' transactions while anonymizing them through zero-knowledge proof technology. Additionally, the network aims for scalability by increasing the L2 block gas limit significantly. Despite ongoing concerns about biometric data privacy, Worldcoin contends that "Proof of Personhood" is necessary to combat AI user abuse. The company asserts its operations are legal and has implemented transparency and data handling improvements in response to regulatory scrutiny.
- Bitcoin Halving: A Deep Dive into Its Price and Investment Implications
- Apr 18, 2024 at 06:17 am
- In late April, Bitcoin undergoes a "halving," a technical change that reduces the rate of new coin production. This event stirs speculation about its impact on the cryptocurrency's price. As the issuance of new bitcoins slows, Bitcoin's deflationary nature is emphasized, potentially attracting increased demand and price increases. However, short-term traders should be cautious, as the anticipation of the halving may have already influenced its price. Bitcoin's value is driven solely by demand, as it lacks fundamental backing. Long-term investors should monitor inflows and outflows to the asset, while recognizing the substantial risks involved in its ownership.
- NFT Recovery Surge: Resurgence Prepares Market for 2024 Upswing
- Apr 18, 2024 at 06:14 am
- The NFT market experienced a surge in market cap, reaching $7.7 billion in 2024 despite challenges faced in 2023. Notable growth was observed in the PFP category, while other categories like utility and sports underperformed. Despite a decline in the average volume and holder count, the market is poised for a comeback, with analysts predicting further expansion by 2025.
- Bitcoin Plummets Ahead of Halving, Macroeconomic Jitters Weigh
- Apr 18, 2024 at 06:13 am
- Bitcoin prices plummeted today, slipping towards $60,000 and reaching their lowest levels in over a month. The decline is attributed to the upcoming halving, which will reduce bitcoin mining incentives by 50% on April 19th. Experts believe "buy the rumor, sell the news" sentiment and macroeconomic factors, such as high inflation and anticipation of increased interest rates by the Federal Reserve, have also contributed to the price movements.
- Solana's Parcl Platform Heeds Airdrop with 40% TVL Tumble
- Apr 18, 2024 at 06:08 am
- Solana-based decentralized betting platform Parcl has experienced a significant decline in Total Value Locked (TVL), losing approximately 40% since early April, primarily due to mass withdrawals following its airdrop distribution. Other Solana-based airdropped tokens, such as Wormhole's W token and Tensor's TNSR token, have also witnessed notable declines in value since their debuts.
- Crypto Scammers Target Bitcoin SV Miners With Egregious Domain Spoofing
- Apr 18, 2024 at 06:05 am
- Beware of crypto scammers using lookalike domains to deceive unsuspecting users. One such scam targeted Bitcoin SV miners through a website using a similar domain and design to the legitimate SVPool.com. Scammers used social media handles and requested BTC in exchange for alleged Bitcoin SV hashing power.
- Runes Protocol: Breaking New Ground in Bitcoin-Native Digital Commodities
- Apr 18, 2024 at 06:04 am
- The cryptocurrency landscape is poised to witness the launch of the Runes Protocol, a Bitcoin-native digital commodity protocol developed by Casey Rodamor. Despite the initial hype and price surges of associated tokens, market expert DeFi Ignas advises caution due to factors such as rising BTC transaction fees, NFT-like trading mechanisms, and potential dilution from the influx of Rune tokens. While the protocol may initially trade as a meme coin, DeFi Ignas expects it to transcend this status, viewing it as the culmination of a series of speculative waves driven by technological innovation.
- DoorDash Goes Robotic: Acquires Chowbotics for Enhanced Convenience
- Apr 18, 2024 at 06:03 am
- DoorDash acquires Chowbotics, a salad-making robotics startup, to improve its delivery platform and enhance its merchant offerings. Twitter confirms plans to experiment with new models such as subscriptions in 2021. Tesla invests $1.5 billion in Bitcoin and considers accepting it as payment.
- Bitcoin Bearish Sentiment Amid Market Volatility
- Apr 18, 2024 at 06:02 am
- Bitcoin's value has plunged by 4.42% today compared to the US dollar, currently trading below our April 22, 2024 prediction by 12.59%. Over the past month, Bitcoin has declined by 8.93% but still holds a 102.06% gain from its value a year ago. Our analysis suggests a potential rise of 15.94% in the next five days, bringing its projected value to $69,998. The market sentiment remains bearish, with the Fear & Greed index indicating a "Greed" sentiment among investors.
- Vermilion Energy Price Target Raised, Projecting Potential Growth
- Apr 18, 2024 at 06:02 am
- Canaccord Genuity Group raised their price target on Vermilion Energy (TSE:VET, NYSE:VET) from C$20.00 to C$20.50, implying a potential upside of 26.15% from the current price. This is in line with the bullish stance of various analysts, including TD Securities, Desjardins, Raymond James, and CIBC, who have assigned the stock "buy" or "outperform" ratings with varying price targets. The consensus rating for Vermilion Energy is "Moderate Buy," with an average price target of C$21.88.
- Dog Coins Tank Double-Digits as Bitcoin Correlation Hurts
- Apr 18, 2024 at 06:01 am
- Dog coins Shiba Inu, Dogecoin, Catwifhat, and Floki have witnessed a significant correction, dropping by 20-30% in the past week. This decline coincides with Bitcoin's drop to $61,000, highlighting its impact on meme coin prices. Amidst this correction, cat coins and AI tokens have gained traction, with LEO, ZORRO, LOAF, KIRA, and PAJAMAS showing price increases of 2-12%.