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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
- BlackRock's Bitcoin ETF Poised to Overtake Grayscale's GBTC as Largest Bitcoin Holder
- Mar 25, 2024 at 10:00 am
- BlackRock's Bitcoin ETF is poised to surpass Grayscale's GBTC in Bitcoin holdings within three weeks, driven by its significant daily inflows of approximately $274 million, which translate to 4,120 new Bitcoin entering the fund daily. Grayscale's GBTC, with an estimated 350,252 BTC, has been experiencing average daily outflows of $277 million, or 4,140 BTC. If current trends continue, BlackRock could become the largest institutional holder of Bitcoin by April 11th, potentially even sooner if its inflows increase to the previous week's daily average of 7,200 Bitcoin.
- Will Bitcoin Soar to the Moon While Dogecoin's Co-Founder Naps?
- Mar 25, 2024 at 10:00 am
- Billy Markus, the co-founder of Dogecoin, has sparked a stir in the crypto community by whimsically calling for Bitcoin to reach $1 million per coin while he naps. Markus' tongue-in-cheek plea, made under the pseudonym "Shibetoshi Nakamoto," comes amid a dip in Bitcoin's value and highlights the playful spirit that has marked his involvement in cryptocurrency.
- Will Aging Bitcoin Mining Rigs Find a Second Life Abroad?
- Mar 25, 2024 at 10:00 am
- With the halving of Bitcoin's block reward approaching, mining companies are facing increased pressure to reduce electricity costs to maintain profitability. Older mining machines, such as the S19 series, are becoming less profitable to operate in the US due to high electricity expenses. As a result, many miners are migrating these machines to regions with cheaper power, primarily Africa and South America. The sale of used S19 models is expected to drop further after the halving, with some buyers waiting to purchase them at even lower prices.
- Polkadot Price Forecast: 30.29% Jump Expected Within Five Days
- Mar 25, 2024 at 10:00 am
- According to our Polkadot price prediction, DOT is expected to rise by 30.29% in the next 5 days, reaching a price of $12.17. The current price of DOT is $9.37, representing a 22.98% deviation from our prediction. Over the past 30 days, DOT has experienced a positive trend, gaining 23.33%. However, against BTC, DOT has recorded a -0.23% loss. The cryptocurrency market is currently experiencing Greed, with a Fear & Greed index of 74.
- ETFs Reshape Bitcoin Halving Dynamics: Analysts Sound Caution
- Mar 25, 2024 at 10:00 am
- In the Bitcoin market, the advent of Exchange-Traded Funds (ETFs) has altered the traditional dynamics associated with halving events. While halvings historically triggered price surges due to supply squeezes, the substantial buying power of ETFs may overshadow this effect. Traders are advised to consider the interplay between halvings and ETF influence on supply and pricing dynamics. Long-Term Holders (LTHs) are expected to gain more sway over supply dynamics, and monitoring the Long-Term Holder Market Inflation Rate can help predict market shifts.
- Altcoins in the Market Storm: Kaspa Soars, Worldcoin Struggles, BlockDAG Presale Booms
- Mar 25, 2024 at 10:00 am
- In the midst of a market correction, Kaspa defies the trend with predictions of a rise to $0.5 by July 2024. Worldcoin faces a downturn with a 9.88% price decrease, despite introducing the privacy feature "Personal Custody." BlockDAG emerges as a top presale project, raising nearly $8 million and offering a potential 1900% ROI to early investors.
- BlockDAG Captivates Investors, Outshines Polygon & FTM News
- Mar 25, 2024 at 10:00 am
- In the realm of cryptocurrency, BlockDAG stands as a beacon of innovation, overshadowing the likes of Polygon (MATIC) and Fantom (FTM). With its groundbreaking technology, including a novel integration of Directed Acyclic Graph (DAG) and Proof-of-Work (PoW), BlockDAG tackles scalability and efficiency issues prevalent in conventional blockchain networks. This transformative approach has garnered immense investor interest, resulting in a remarkable surge in BlockDAG's popularity.
- Amid Market Turmoil, Dogecoin Surges, Ripple Recovers, and Furrever Token Presale Captivates
- Mar 25, 2024 at 10:00 am
- Amidst market turbulence, Dogecoin (DOGE) surges by 15%, while Ripple (XRP) shows signs of recovery with a 1% increase. Notably, Furrever Token (FURR) garners attention as it embarks on its fifth presale stage, capturing interest within the crypto community. These standout performers highlight the dynamic nature of the digital asset space, offering glimpses of opportunity amidst market fluctuations.
- Filecoin's Tumultuous Journey: Market Crash and Potential Recovery
- Mar 25, 2024 at 10:00 am
- The cryptocurrency market witnesses contrasting trends as Filecoin experiences a downturn and SHIB faces price volatility. Amidst these fluctuations, BlockDAG emerges as a promising investment, concluding its fourth presale batch with high expectations for substantial returns. Recognized as a potential game-changer, BlockDAG's ambitious projections and well-defined roadmap indicate a promising future in the cryptocurrency realm.
- Ethereum Teeters on the Brink of Security Designation Amid SEC Crackdown
- Mar 25, 2024 at 10:00 am
- The SEC is investigating whether to classify Ethereum as a security, potentially subjecting it to stricter trading regulations. The move casts doubt on the approval of Ethereum ETFs and has sparked concerns within the crypto industry. The SEC's scrutiny follows Ethereum's transition to a proof-of-stake model, prompting a reconsideration of its status. If classified as a security, Ethereum may face increased paperwork and restrictions, impacting retail traders and companies involved in its ecosystem.
- SEC Turns Up the Heat on Ethereum: Is a Security Designation on the Horizon?
- Mar 25, 2024 at 10:00 am
- The SEC is investigating Ethereum's classification as a security, issuing subpoenas to companies linked to the Ethereum Foundation. This action raises concerns about the approval of Ethereum ETFs, following the SEC's recent green light for Bitcoin ETFs. If Ethereum is deemed a security, it may face stricter trading regulations, including increased paperwork and restrictions on buying and selling for retail traders in the US. The investigation stems from Ethereum's 2022 transition to a proof-of-stake model, which prompted the SEC's scrutiny despite previous statements suggesting Ethereum's commodity-like status. The outcome could significantly impact Ethereum's regulatory status and the approval process for Ether ETFs, adding uncertainty to the crypto industry.
- BlockDAG: Crypto Gem Poised for a 5000X Return on Investment in 2024
- Mar 25, 2024 at 10:00 am
- Investors seeking high returns in the crypto market should consider BlockDAG, a promising cryptocurrency with a potential 5000X ROI. BlockDAG's innovative features, community involvement strategy, and diverse income streams set it apart as a standout choice. While Cardano (ADA) and Floki Inu offer potential opportunities, BlockDAG's exceptional growth potential makes it the crypto gem of 2024, offering investors a path to substantial wealth.
- Emirex Token (EMRX) Earns Bullish Rating from InvestorsObserver
- Mar 25, 2024 at 09:59 am
- Emirex Token (EMRX) receives a bullish rating from InvestorsObserver, gaining 0.04% to $0.2351241588 while the broader crypto market rises 3.23%. Its Sentiment Score reflects a strong performance over the past five days, making it attractive for both short-term traders and long-term investors. Currently trading near resistance at $0.235124971072193, EMRX may face selling pressure but remains supported at $0.234926055471417. Despite low trading volume, the token remains a potential investment opportunity.
- Dai Market Outlook: Neutral Stance or Red Flag?
- Mar 25, 2024 at 09:58 am
- In Dai's market outlook, a neutral stance raises a red flag. Despite a stablecoin's minor dip, the broader crypto market surges, causing concern. InvestorsObserver's report highlights Dai's short-term performance as neutral, evaluating volume and price movements for potential buying opportunities. This cautious outlook suggests a need for vigilance in the face of market fluctuations.
- Metrix Coin Technical Analysis: Neutral Outlook
- Mar 25, 2024 at 09:55 am
- The technical analysis of Metrix Coin reveals a neutral outlook, with a ranking of 53 indicating average short-term performance. Currently trading at $0.000052481, the coin shows a 51.54% increase from its recent low. Despite trading above its 30-day average, Metrix Coin remains far below its high, suggesting potential volatility. Investors focusing on short-term strategies may find the slightly favorable technical ranking of MRX relevant for their decision-making process.
- Is Solana a Smart Investment or Time to Sell?
- Mar 25, 2024 at 09:52 am
- Solana (SOL) has been rated Neutral by InvestorsObserver on Monday, with a 6.59% gain to $187.5 amidst a 2.77% rise in the crypto market. Its Neutral Sentiment Score reflects performance over the past five days, providing a short-term assessment of price and volume movements. Solana currently trades near its five-day midpoint, slightly below its high and above its low, with resistance and support levels indicating potential volatility.
- XRP Stays Neutral as Crypto Market Booms
- Mar 25, 2024 at 09:52 am
- XRP stays neutral amidst the crypto market booms. Despite a 2.77% surge in the broader market, XRP only sees a modest 0.09% gain, trading at $0.6299. With a neutral sentiment and price levels near the five-day midpoint, XRP remains steady. Resistance is at $0.6383, while support hovers at $0.6176.
- Litecoin Earns Low Risk Rating, Defying Market Manipulation
- Mar 25, 2024 at 09:51 am
- Litecoin exhibits low risk based on InvestorsObserver analysis. The system evaluates a coin's susceptibility to manipulation by analyzing price movements, volume fluctuations, and market cap changes over the past 24 hours. Scores range from 0 to 100, with lower values indicating higher risk. Litecoin's current risk score suggests it is a relatively safe investment, particularly for those prioritizing risk assessment.
- Is Base Poised to Become the New Memecoin Mecca?
- Mar 25, 2024 at 09:50 am
- Ethereum layer-2 network Base's total value locked (TVL) has doubled in less than a month, reaching $2.13 billion. Some commentators believe that Base could become the next epicenter for memecoins, with several projects such as Degen (DEGEN) and Base God (TYBG) already gaining traction.