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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 / 25
- Philippine SEC Secures Approval to Ban Binance Crypto Exchange
- Mar 25, 2024 at 09:13 pm
- The Philippines Securities and Exchange Commission (SEC) has obtained approval from the National Telecommunications Commission (NTC) to ban local access to the Binance cryptocurrency exchange, posing a significant threat to the firm's operations and potentially affecting its 7 million Philippine users.
- Pepecoin Investors Diversify Portfolios, Migrate to Shiba Budz Amidst Crypto Market Evolution
- Mar 25, 2024 at 09:12 pm
- In a strategic shift within the cryptocurrency community, Pepecoin (PEPE) investors are diversifying their portfolios by investing in the emerging meme coin Shiba Budz (BUDZ) and reducing their positions in Ethereum (ETH). This move reflects the growing appeal of meme coins, the potential for high returns, and the desire for a diversified portfolio. This article explores the motivations behind these portfolio adjustments, examining the strategic considerations and potential implications for the cryptocurrency market as Pepecoin investors navigate the evolving landscape.
- Hard Pegging in Crypto: A Comprehensive Guide to Stabilizing Volatility
- Mar 25, 2024 at 09:12 pm
- Hard pegging in crypto involves linking the value of a stablecoin to an external asset, typically a fiat currency, to ensure price stability. It eliminates volatility, providing stability for day-to-day transactions, borrowing, and lending. In contrast to soft pegging, which allows for slight fluctuations, hard pegging maintains a fixed exchange rate. Stablecoins like Tether (USDT) use hard pegs to maintain a 1:1 ratio with the US dollar, backed by reserve assets.
- Bitgert Coin Rocks Crypto Market, Toppling Solana and Cardano
- Mar 25, 2024 at 09:11 pm
- Amidst the recent cryptocurrency market shift, the Bitgert Coin has emerged as a notable performer, eclipsing giants like Solana and Cardano. Its zero gas fee feature, extensive utilities, and unwavering community support have propelled it to prominence, attracting investors seeking strong fundamentals and promising growth opportunities. While Solana initially witnessed a surge in DEX trade volumes, it has subsequently faced a setback and entered consolidation. Cardano has also suffered from bearish pressure, with experts predicting further declines.
- GMX Airdrop: Grab Your Share of Free Crypto Riches
- Mar 25, 2024 at 09:09 pm
- The GMX Airdrop, a free distribution of GMX tokens to NFT and DeFi users, aimed to incentivize participation within the ecosystem. This airdrop, targeting active wallets with GMX tokens, sparked excitement in the cryptocurrency community and boosted network activity. The airdrop showcased GMX's fast and low-cost blockchain, attracting users and promoting innovation, growth, and potential gains similar to meme coins like Dogecoin and Shiba Inu.
- B2Broker Unveils B2Trader, the Revolutionary Cryptocurrency Brokerage Platform
- Mar 25, 2024 at 09:09 pm
- B2Broker, a leading liquidity and technology provider, introduces B2Trader, a cutting-edge brokerage platform. With $5 million invested, B2Trader caters to the growing demand for crypto spot trading, facilitating comprehensive cryptocurrency management for brokers, banks, and financial institutions. This advanced solution offers seamless integration with existing platforms, enabling efficient liquidity distribution and real-time market updates. B2Trader's robust backend infrastructure, powered by industry-leading frameworks and technologies, ensures unparalleled performance and scalability.
- Can the LASRRA-Verve Partnership Revolutionize Lagos' Digital Scene?
- Mar 25, 2024 at 09:08 pm
- The partnership between Verve and the Lagos State Residents Registration Agency (LASRRA) has resulted in the upgrade of the LAG ID card into a smart card with payment capabilities. This collaboration, involving Sterling Bank, has led to the distribution of hundreds of thousands of LAG IDs to Lagos residents. Verve, Africa's leading payment card brand, remains committed to working with the Lagos State Government to develop innovative solutions that enhance the digital payment experience for residents.
- Klaros Group Report: 282 US Banks Face Financial Stability Red Flags
- Mar 25, 2024 at 09:07 pm
- Klaros Group reveals concerns over the financial stability of 282 US banks with $900 billion in assets due to high exposure to commercial real estate and unrealized losses. Amidst these concerns, there's a growing interest in Bitcoin and cryptocurrencies among institutional investors, driven by the recent surge in cryptocurrency prices and the approval of Bitcoin ETFs.
- Meme Coin Mania: Astronomical Gains and Promising Investments in Book of Meme and Dogecoin 20
- Mar 25, 2024 at 09:07 pm
- Amidst the surging popularity of meme cryptocurrencies, Book of Meme (BOME), a Solana-based platform that combines memes, decentralized storage, and trading, has emerged as a promising investment. Its unique concept and early market success have it poised for further growth. Meanwhile, Dogecoin 20, a dog-themed meme with a noble mission and staking rewards, is making waves in its presale, attracting substantial investor interest. With its 140 billion token supply and innovative tokenomics, Dogecoin 20 aims to extend the legacy of its predecessor and potentially yield significant returns in the future.
- Russian Crypto Offshoot CommEx to Shutter Amid Binance Legal Woes
- Mar 25, 2024 at 09:06 pm
- Binance's Russian successor, CommEx, has announced its impending shut down and has suspended deposits. After acquiring Binance's Russian operations in September 2023, CommEx will gradually close its platform, with futures trading ceasing on March 28 and the website being suspended by May 10. The exchange's mysterious deal with Binance, which involved former Binance staff, sparked speculation that it was a "Russian version" of Binance.US.
- Worldcoin Foundation Open-Sources Orb Software, Unveiling Transparency and Privacy
- Mar 25, 2024 at 09:06 pm
- In a significant move towards transparency and accountability, the Worldcoin Foundation has open-sourced the core software components of its Orb eyeball scanner. This unprecedented step grants users and developers full access to the image capture, processing, and encryption code, promoting trust and confidence in Orb's functionality while upholding strict privacy standards.
- Crypto Market Soars, Signaling Reversal of Fortune
- Mar 25, 2024 at 09:06 pm
- The cryptocurrency market has experienced significant gains after the weekend, with the total market cap increasing by 3.5% to $2.56 trillion. Key indicators such as asset prices, institutional inflows, DeFi volumes, and TVL have all marked new highs. Trading volumes have surged by 15% in the past 24 hours, reaching $81.2 billion for crypto assets and $8.05 billion for DeFi. Bitcoin (BTC) leads the pack with a 3.52% increase, while Ethereum (ETH), BNB, and Solana (SOL) have also recorded notable gains. Analysts attribute the positive market sentiment to anticipation of the upcoming Bitcoin halving, strategic positioning by miners, and a rebound following last week's correction.
- Bitget's Easter Extravaganza: 1,000,000 KES Given Away to Kenyan Users
- Mar 25, 2024 at 09:05 pm
- Bitget, a leading cryptocurrency exchange, is hosting an exclusive Easter Crypto Giveaway for Kenyan users, offering a 1,000,000 KES prize pool. Through airdrops, gift cards, and more, this festive event rewards participation with spins earned via KYC verification, deposits, referrals, social media engagement, and trading tasks.
- Crypto Winter Intensifies: Massive $942 Million Outflows from Bitcoin ETFs amid Bankruptcies
- Mar 25, 2024 at 09:05 pm
- Digital asset investment products saw a significant weekly outflow of $942 million, reversing a consecutive 7-week inflow trend of $12.3 billion. Grayscale Bitcoin ETF (GBTC) experienced outflows of $2 billion, offset partially by inflows of $1.1 billion into new ETF issuers. The outflows were attributed to bankruptcy proceedings, but are expected to decelerate.
- Cryptocurrency's Rise in the Philippines: A Comprehensive Guide to Riding the Digital Currency Wave
- Mar 25, 2024 at 09:05 pm
- Cryptocurrencies, led by Bitcoin and Ethereum, have gained immense popularity in the Philippines. Filipinos can capitalize on this boom by investing in cryptocurrencies through buying and holding platforms like Coins.ph, trading on exchanges like Binance, or mining. Blockchain technology also offers investment opportunities. Education is crucial to navigate the crypto market, as well as seeking professional advice to manage risks.
- EU's Crypto Crackdown Sparks Privacy Concerns: Ban on Anonymous Accounts
- Mar 25, 2024 at 09:04 pm
- The European Union has implemented regulations prohibiting anonymous cryptocurrency accounts to combat money laundering and terrorist financing. This decision stems from concerns that anonymous accounts facilitate untraceable transactions, posing risks to the financial system. The law notably targets privacy-enhancing cryptocurrencies and anonymous accounts designed to conceal transactions, such as Monero. However, the anonymity protections provided by these accounts raise concerns regarding privacy rights and the potential for censorship, leading to criticism and debates surrounding the balance between financial security and individual freedoms.
- Fezoo: DEX Attracts Chainlink and Polygon Investors with 40x Return Potential
- Mar 25, 2024 at 09:03 pm
- Fezoo (FEZ), a promising decentralized exchange (DEX), has launched its presale, attracting investors from Chainlink (LINK) and Polygon (MATIC). Fezoo (FEZ) is poised for significant gains, with experts predicting a potential 40x return on investment. Its innovative features, such as fast deposits and withdrawals, low transaction fees, and a rewards program, have captured the attention of investors. Polygon (MATIC) has recently undergone workforce restructuring, while Chainlink (LINK) has faced a price dip despite whale support. Investors are shifting their attention to Fezoo (FEZ), anticipating substantial returns.
- BlockDAG Presale Soars Amidst IOTA Volatility and Celestia's Token Surge
- Mar 25, 2024 at 09:03 pm
- Amidst fluctuating IOTA price predictions and the surge of Celestia's TIA token, BlockDAG Network emerges as a formidable layer 1 blockchain contender. With its promising presale performance, raising nearly $7 million, BlockDAG captivates investors with its potential to revolutionize the cryptocurrency sector. Its innovative approach, diverse income streams, and high-profile partnerships position BlockDAG as a key player in the future of digital currencies.
- Bitcoin Halving Forces Mass Exodus of Mining Rigs to Energy-Efficient Hubs
- Mar 25, 2024 at 09:01 pm
- Amid the impending Bitcoin halving, the mining industry is experiencing a major upheaval. Luxor predicts a mass exodus of 600,000 S19 bitcoin rigs from the US to energy-efficient regions like Africa and South America. The halving event will reduce miners' income by half, making the search for cost-effective mining operations crucial. As a result, rigs once valued at $11,500 are expected to fetch only $350 post-halving, forcing miners to seek more sustainable locations.