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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 / 24- XRP's Wild Ride Continues: Correction Looms, but Hope Remains
- Mar 24, 2024 at 02:20 am
- XRP's recent surge and subsequent plunge highlight the volatility of the crypto market. Analysts predict a potential correction, with XRP's price likely to dip below $0.60. However, a liquidity cluster between $0.65 and $0.68 suggests a possible upward movement, potentially providing relief for long-term investors. The Cumulative Liquidation Levels Delta (CCLD) indicates a balance between long and short liquidations, underscoring the complex market dynamics in the cryptocurrency space.
- Shiba Inu Blazes Ahead: Token Burning Brightens Future
- Mar 24, 2024 at 02:10 am
- Shiba Inu (SHIB), the second-largest meme cryptocurrency, has experienced a surge in token burns, with over 34 million SHIB permanently removed from circulation in the last 24 hours. This community-driven initiative aims to reduce the supply and enhance the coin's value. Despite recent market downturns, SHIB's price is recovering, and its marketing lead anticipates a new all-time high before or shortly after the upcoming Bitcoin halving event.
- Inflation Protection: Identifying Opportunities for Investment
- Mar 24, 2024 at 02:10 am
- Amidst rising inflation, it's crucial to consider investments that offer protection. By understanding the themes and companies poised to thrive in this environment, investors can mitigate risks and enhance their portfolios. Exchange-traded funds (ETFs) also provide an avenue for inflation protection, offering diversification and exposure to specific sectors or industries.
- PIKA Faces Crossroads: Bounce or Further Slide as Bulls and Bears Clash
- Mar 24, 2024 at 02:09 am
- At the crossroads of uncertainty, the PIKA token stands poised for a decisive move. Will it bounce off the neckline support, signaling a bullish resurgence, or will it continue to slide under the control of the bears? The clash between bulls and bears intensifies as the price hovers near critical levels. With erratic swings and a looming double top formation, the fate of PIKA hangs in the balance, with investors eagerly awaiting the outcome.
- EOS Soars 10.14% in Single Day, Marking Highest Daily Gain Since March
- Mar 24, 2024 at 02:06 am
- EOS surged by 10.14% on Saturday, marking its highest daily gain since March 7. The price increase is attributed to increased purchasing power, driving the trading value of EOS to $1.1746 billion. Despite this surge, EOS remains significantly below its all-time high of $22.98, recorded in 2018.
- SuperNova: The NFT Market's Rising Star Poised to Make Waves
- Mar 24, 2024 at 02:01 am
- Solana, Ripple, and Cardano have dominated the NFT market with significant gains, but NFTFN's SuperNova NFT is emerging as a transformative force. As unique tokens on a blockchain, NFTs redefine ownership and encompass diverse assets, including art and digital real estate. SuperNova aims to disrupt NFT market limitations by offering an NFT floor-price index, enabling traders to hedge positions and participate in the market without managing individual NFTs.
- Bitcoin's Dip May Spur ETF Market Revival
- Mar 24, 2024 at 02:00 am
- The recent dip in Bitcoin's price has spurred discussions about the ETF market revival. Analysts are closely monitoring the impact of this correction on Bitcoin ETFs, as interest seems to be increasing despite the price decline. Ki Young Ju, CEO of CryptoQuant, suggests that as Bitcoin approaches key support levels, demand for ETFs historically rises. This shift in sentiment towards ETFs amidst the price correction could indicate a potential resurgence in the market.
- Cardano's DeFi Ecosystem Bolstered by USDM Fiat-Backed Stablecoin
- Mar 24, 2024 at 02:00 am
- Cardano's DeFi ecosystem has welcomed USDM, its first fiat-backed stablecoin, issued by Mehen Finance. USDM offers price stability by being backed by U.S. dollars held in government-only money market mutual funds. Unlike algorithmic or synthetic stablecoins, USDM cannot be frozen, providing an advantage. The stablecoin's initial launch was limited to institutional investors, with a public rollout expected in April 2024. USDM faces competition from existing Cardano-native stablecoins but has been positively received by the community. Its success will depend on widespread adoption within the Cardano ecosystem.
- Solana Trading Volume Skyrockets, Memecoins Dominate the Market
- Mar 24, 2024 at 02:00 am
- On March 15, Solana's blockchain trading volume reached its highest point in two years, driven by the surge in memecoins like SLERF, Pepe coin, BEFE, and Shiba Inu. SLERF saw a $2 billion trading volume on March 19, while BEFE has shown significant growth potential, outperforming Shiba Inu. Shiba Inu, known for its volatility, has experienced recent activity but remains a short-term investment option compared to BEFE's long-term prospects.
- Can the Chargers Rise from the Ashes in '24?
- Mar 24, 2024 at 02:00 am
- In a significant shift for the Los Angeles Chargers, Brandon Staley has been replaced as head coach by Jim Harbaugh, while key players Keenan Allen, Mike Williams, and Austin Ekeler have departed. Despite these changes, oddsmakers predict the Chargers have a 53.49% chance of reaching the 2024 playoffs, driven by Harbaugh's coaching prowess and the presence of star quarterback Justin Herbert.
- Ethereum's Security Future Questioned Amidst SEC Scrutiny
- Mar 24, 2024 at 02:00 am
- The cryptocurrency market faces heightened scrutiny as the SEC intensifies its examination of Ethereum, sparking concerns over its security status. Despite this, Ethereum's valuation remains stable, while Stacks (STX) reaches an all-time high after the approval of its Nakamoto upgrade. BlockDAG, a pre-sale project dubbed the "Kaspa Killer," attracts significant attention and funding with its innovative DAG-based consensus mechanism and Proof-of-Work approach.
- Optimism Enhances Ethereum's Sepolia Network with Fault Proofs
- Mar 24, 2024 at 02:00 am
- Optimism and Cardano News: Optimism's Sepolia test network is testing fault proofs, enhancing Ethereum's security. Meanwhile, Cardano's price has plummeted, prompting investors to seek refuge in NuggetRush, a promising DeFi project that combines meme coin elements with a play-to-earn mining game.
- Bitcoin Halving Surge: Boom or Ascent? Altcoins Shine as BlastUP Presale Offers Stability
- Mar 24, 2024 at 01:57 am
- Bitcoin's Post-Halving Surge: A Speculative Boom or a Sustainable Ascent? Analysts speculate that Bitcoin's upcoming halving event could ignite a meteoric surge, with predictions of a potentia...
- Einasto Supercluster: Universe's Gigantic Cosmic City
- Mar 24, 2024 at 01:55 am
- The Einasto Supercluster, a colossal structure spanning 360 million light years, is the largest known structure in the Universe. With 26 quadrillion stars, it dwarfs the Milky Way Galaxy by an astronomical margin. Its immense size, comparable to Mount Everest on a football pitch, offers insights into the mysteries of cosmic expansion and the forces that shape the Universe. The supercluster's influence on the expansion of galaxies within it provides valuable information for understanding cosmic evolution.
- Are Investors Getting Jitters over Ethereum's Regulatory Winds?
- Mar 24, 2024 at 01:51 am
- Investors are experiencing jitters amid Ethereum's regulatory winds. Concerns loom over the market as data shows a surge of ETH moving to centralized exchanges. Analysts attribute this cautious behavior to the fear, uncertainty, and doubt overshadowing Ethereum's performance. The recent record inflow of $720 million worth of ETH into CEXes reflects investor apprehension, painting a worrisome picture for the cryptocurrency.