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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
- HUYA: A Promising Investment with Upside Potential of 30%+
- Mar 25, 2024 at 08:04 pm
- Bank of America upgraded HUYA (NYSE:HUYA) from "neutral" to "buy" with a $5.80 target price, indicating a potential 30.34% upside. Hedge funds have increased their stakes in HUYA, with Tower Research Capital LLC TRC leading with a 306.2% increase in the 4th quarter. HUYA operates live streaming platforms in China for gaming, talent shows, anime, and other entertainment genres.
- Altcoin Surge Unlocks Investment Opportunities in Small-Cap Coins: WIF, GALA, and JUP Shine
- Mar 25, 2024 at 08:04 pm
- The altcoin market is experiencing a surge, highlighting three promising small-cap altcoins for investors seeking substantial returns: Dogwifhat (WIF), Gala (GALA), and Jupiter (JUP). These assets ride the wave of the current bullish trend, offering unique features and growing communities that could transform a $1,000 investment into a staggering $100,000. Dogwifhat (WIF), a meme coin on Solana, has seen a rapid rise, mirroring the success of Bonk coin. Gala (GALA) empowers the Gala Games ecosystem and rewards node operators. Jupiter (JUP) is a liquidity aggregator on Solana that offers a wide range of tokens and advanced trading tools.
- Tesla Stock's Future: Analysts Split on EV Giant's Value
- Mar 25, 2024 at 08:04 pm
- Oppenheimer analysts reaffirmed Tesla's "market perform" rating, while Goldman Sachs lowered their price target to $190 with a "neutral" rating. Jefferies Financial Group and Redburn Atlantic set "hold" and "sell" ratings, respectively. China Renaissance and Mizuho maintained "hold" and "neutral" ratings. Overall, Tesla has 10 "sell" ratings, 15 "hold" ratings, and 8 "buy" ratings, resulting in a consensus "Hold" rating with an average price target of $209.15.
- Solana-Based Meme Coin WIF Emerges as Resilient Superstar Amidst Market Correction
- Mar 25, 2024 at 08:03 pm
- Amidst a challenging market correction, Solana-based meme coins faced significant setbacks. However, Dogwifhat (WIF) emerged as a standout performer, rebounding from a period of subdued activity to reclaim lost ground. Currently trading at $2.65 with a robust trading volume, WIF's position above the critical $2 mark and favorable technical indicators suggest potential for further upside, despite concerns over overbought market conditions.
- Meet Leo Grieco: Proactive's Video Editing Guru
- Mar 25, 2024 at 08:03 pm
- Leo Grieco, a graduate of Bournemouth University's Media Production program, joins the team as a seasoned video editor and producer. His expertise encompasses hospitality, leisure, support services, technology, and video games. Proactive, the publisher, delivers timely and informative business and finance news through its global network of financial journalists, covering key investment hubs and specializing in medium and small-cap markets, as well as blue-chip companies and emerging technologies.
- BOME Token Soars Despite Downtrend, Faces Technical Headwinds
- Mar 25, 2024 at 08:02 pm
- The Book of Meme price has surged by 7% to $0.013587 amid a recovery attempt for meme coins. Despite trading volume decreasing by 10%, the market is cautiously optimistic as Bitcoin continues to exhibit strength. However, the Book of Meme price faces downward pressure, with technical indicators signaling a potential retracement.
- Healix Protocol: A Haven of Stability Amid Cryptocurrency Market Turmoil
- Mar 25, 2024 at 08:02 pm
- Amidst market volatility and the recent decline in PEPE Coin, Healix Protocol emerges as a haven of stability in the cryptocurrency space. The HLX token, at the core of Healix Protocol, aims to provide stability in turbulent times, offering investors a pathway to growth and resilience in the ever-changing landscape of decentralized finance.
- Raffle Coin (RAFF) Unleashes Decentralized Raffles, Offering Unprecedented Rewards
- Mar 25, 2024 at 08:02 pm
- In the realm of cryptocurrencies, Raffle Coin (RAFF) unveils a unique proposition, harnessing decentralized raffles through blockchain technology. With its presale underway, investors anticipate potential 50x returns, a significant prospect compared to established players like Internet Computer (ICP) and Filecoin (FIL). Raffle Coin (RAFF) distinguishes itself with its transparent governance, revenue-sharing mechanisms, and secured liquidity. As a newcomer to the crypto space, RAFF presents an opportunity to join the decentralized finance revolution, offering lucrative rewards and the chance to become part of its future.
- Dogecoin Soars 8%, Fueling Speculation of Upcoming Rally
- Mar 25, 2024 at 08:02 pm
- Dogecoin experienced an 8% jump today, becoming one of the top-performing cryptocurrencies in the last 24 hours. This surge propelled DOGE's market cap beyond Cardano's, solidifying its status as the eighth-largest cryptocurrency. The recent surge aligns with positive regulatory signals suggesting wider acceptance of cryptocurrencies in mainstream finance.
- Hong Kong SFC Warns of Suspicious Trading Platform HKCEXP
- Mar 25, 2024 at 08:01 pm
- The Hong Kong SFC warns against suspicious trading platform HKCEXP, raising concerns about its legitimacy. The regulator set a deadline for crypto exchanges to apply for licenses, with 22 platforms complying. Failure to meet the deadline could result in operations being shut down by May 31.
- Bitcoin ETF Outflows Signal Investor Jitters Amidst Market Fluctuations
- Mar 25, 2024 at 08:01 pm
- Amidst a significant drop in Bitcoin's price, Wall Street's Bitcoin exchange-traded funds (ETFs) have witnessed five consecutive days of net outflows totaling $888 million. Grayscale's GBTC notably experienced record-breaking outflows, contributing to the extended decline in ETF demand.
- Bitcoin Futures Market Soars Fueled by Spot ETFs and Halving Event
- Mar 25, 2024 at 08:01 pm
- With the emergence of spot Bitcoin ETFs, the cryptocurrency market is experiencing a surge in risk mitigation strategies among traders and investors. Despite initial volatility following their approval, spot ETFs have contributed to a more robust ecosystem. Derivatives traders are leveraging futures to manage price risks, while the introduction of spot ETFs has led to arbitrage opportunities between futures contracts and real-time Bitcoin prices. As Bitcoin's halving event approaches, the influx of new money into spot ETFs and the anticipation of reduced supply are creating bullish sentiment in the market.
- Grayscale Bitcoin Trust on Verge of Bitcoin Depletion, Impacting Crypto Market
- Mar 25, 2024 at 08:01 pm
- Grayscale's Bitcoin spot ETF, GBTC, is expected to run out of Bitcoin holdings within 96 days at the current selling pace. This potential reduction in selling pressure from GBTC could lead to increased institutional demand for physical Bitcoin purchases, potentially driving up the price.
- NFTFN Soars, Poised to Eclips Pepecoin as Crypto Kingpin
- Mar 25, 2024 at 08:00 pm
- In the dynamic cryptocurrency world, Pepecoin has been adored among enthusiasts. However, NFTFN, an innovative NFT token, has emerged as a formidable challenger, capturing the attention of investors seeking the next 100X opportunity. NFTFN's focus on digital ownership, groundbreaking features, and strategic partnerships position it as a potential game-changer in the crypto landscape. Pepecoin holders are urged to consider the potential for substantial gains by investing in NFTFN, which has the potential to outshine Pepecoin's success and revolutionize the NFT market.
- ANZ Partners with Chainlink Labs for Seamless Cross-Chain Settlement of Tokenized Assets
- Mar 25, 2024 at 07:55 pm
- ANZ, Australia's banking giant, has successfully executed a cross-chain settlement of tokenized assets on the Avalanche network in collaboration with Chainlink Labs. The pilot project demonstrated the seamless transfer and settlement of tokenized assets between Ethereum and Avalanche, paving the way for broader adoption of cross-chain interoperability in the banking sector.
- Celestia's Doom Approaches: Technical Signals Point to Price Plunge
- Mar 25, 2024 at 07:52 pm
- Celestia (TIA) is currently trading at $13.65, with a potential for further losses to $5.5 due to a bearish technical formation known as a rounded top. Technical indicators suggest that bears are in control, with major moving averages acting as resistance and the relative strength index indicating seller dominance. A bearish breakout from the rounded top could lead to a 60% correction to the support level of $5.4. However, if TIA can move above the 100-day EMA at $14.3, it could rally to $16 and potentially attempt a return to its previous all-time high of $21.14.
- DeFi Technologies' Bitcoin Investor Day Explores Crypto's Transformative Power
- Mar 25, 2024 at 07:51 pm
- DeFi Technologies subsidiary Reflexivity Research convened the inaugural Bitcoin Investor Day in New York City, bringing together industry leaders to delve into the transformative potential of Bitcoin. Cathie Wood, ARK Invest CEO, highlighted Bitcoin's role as a "financial super highway" amid global economic uncertainties, reiterating her bullish outlook with a potential price target of $1.5 million by 2030, supported by ARK Invest's research and the emerging adoption in developing markets.
- Navigating the Crypto Bull Run: Unveiling the Top Investments for March
- Mar 25, 2024 at 07:51 pm
- Amidst the current crypto bull run, investors seek to identify promising projects. This article analyzes three contenders: Scorpion Casino (SCORP), Jupiter (JUP), and Pullix (PLX). SCORP, with its GameFi platform, passive income generation, and upcoming exchange listing, stands out as a potential frontrunner in the bull run. JUP, despite recent price gains, lacks direct user rewards. Pullix, with its hybrid exchange model, offers an intriguing concept but may benefit from enhanced user engagement features like those offered by SCORP.
- NFTFN: Shiba Inu Enthusiasts' Ticket to Extra-Pawsome Gains
- Mar 25, 2024 at 07:47 pm
- In the ever-evolving crypto landscape, NFTFN emerges as a beacon of hope for Shiba Inu enthusiasts, offering a groundbreaking approach to digital ownership and the potential for exponential growth. Backed by industry leaders and a vibrant community, NFTFN provides a unique opportunity to diversify portfolios and unlock massive returns, surpassing even the lofty expectations of Shiba Inu holders.