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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 / 23
- SEC Subpoena Probe Raises Stakes for Ethereum's Security Classification
- Mar 23, 2024 at 12:01 am
- The Securities and Exchange Commission (SEC) has launched an investigation into Ethereum, issuing subpoenas to companies involved with the Ethereum Foundation. The SEC's probe centers on whether Ethereum should be classified as a security, which could significantly impact the cryptocurrency industry. Ethereum's potential classification as a security raises concerns about stricter controls on trading and the functionality of projects built on its blockchain. Furthermore, the investigation casts doubt on the approval of a spot Ethereum ETF.
- Seamless Solana Swapping Transforms DeFi Experience on Crypto.com DeFi Wallet
- Mar 23, 2024 at 12:00 am
- Jupiter Trade and Crypto.com DeFi Wallet seamlessly integrate to empower users with efficient and cost-effective Solana token swaps. This integration leverages Jupiter Trade's expertise in providing optimal swap rates, allowing Crypto.com DeFi Wallet users to bypass multiple platforms and directly swap Solana tokens within their wallets, creating a smooth and user-friendly experience that promotes DeFi accessibility and adoption.
- Bitcoin Halving Looms: Altcoins, InQubeta, Chainlink Surge on Investment Promise
- Mar 23, 2024 at 12:00 am
- With Bitcoin's halving event approaching, experts predict a bullish impact on altcoins. Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to surge by 100x, driven by the halving's positive effects and strong investor sentiment post-BTC ETF. InQubeta (QUBE), an Ethereum-based platform supporting AI startups, is also gaining attention as a potential competitor to Chainlink (LINK), with its ICO raising over $12 million so far.
- Bitcoin Halving May Be Dampened by Spot ETFs
- Mar 23, 2024 at 12:00 am
- Glassnode has suggested the upcoming Bitcoin halving might not initiate the supply squeeze the market once anticipated. The rise of spot ETFs has preempted the halving's impact by tightening the available supply through significant and continuous buying activity, potentially mitigating the supply squeeze effect. However, the report cautions that the ETFs' bullish influence isn't guaranteed, and a shift towards outflows could result in significant selling pressure.
- Bitcoin Halving May Be Mitigated by Spot ETFs
- Mar 23, 2024 at 12:00 am
- Glassnode suggests that the impending Bitcoin halving may not trigger the anticipated supply squeeze due to the emergence of spot exchange-traded funds (ETFs). ETFs allow investors to gain exposure to Bitcoin indirectly, leading to increased demand and a reduction in available supply. This preemptive tightening of the supply has potentially mitigated the halving's impact, as the influx of Bitcoin into ETFs has already created a supply squeeze.
- Is OKB's Recovery Sustainable After Steep Dive?
- Mar 23, 2024 at 12:00 am
- Emerging cryptocurrency Milei Moneda ($MEDA) presents itself as a strong competitor to established altcoins like OKB and SEI. While OKB recovers from a flash crash and SEI experiences growth due to blockchain advancements, $MEDA offers impressive ROI potential in its ongoing presale, driven by its innovative features, zero transaction taxes, community governance rewards, and potential for substantial price increase.
- Crypto Enthusiasts Anticipate Post-Halving Boost: Bitcoin's Future in Focus
- Mar 23, 2024 at 12:00 am
- Amidst the Bitcoin halving hype, altcoins like Jupiter and Polygon are attracting attention. While Jupiter has surged significantly, caution is advised due to its overbought conditions. Polygon faces market stability concerns but holds growth potential. BlastUP, a launchpad within the Blast ecosystem, offers unique opportunities for wealth creation and stands out as a promising investment. With a successful presale and ambitious roadmap, BlastUP aims to support blockchain startups and create a global hub for the Blast community.
- Crypto Market Poised for Growth, Experts Reveal Top Investment Gems: Dogecoin, Avalanche, and Rising Star Algotech
- Mar 23, 2024 at 12:00 am
- The crypto market is experiencing a bullish trend, fueled by Bitcoin's (BTC) momentum. Experts recommend investing in Dogecoin (DOGE), Avalanche (AVAX), and Algotech (ALGT). Algotech has emerged as a top choice due to its advanced machine-learning algorithms, mean reversion strategy, and focus on reliability.
- Algotech Soars After Bitcoin Dogs Presale Success, Raising $2.5 Million in Two Weeks
- Mar 23, 2024 at 12:00 am
- As the crypto sphere witnesses the emergence of new ventures, Bitcoin Dogs has become a standout performer in its presale, amassing $11.2 million from enthusiastic investors. With its presale concluding, savvy traders eagerly seek the next lucrative opportunity. Algotech (ALGT), an algorithmic trading platform, has emerged as a promising project, exceeding $2.5 million in its presale within two weeks. Its advanced machine learning capabilities and empowering features have attracted a large number of holders and sold millions of tokens.
- CoinW Lists DUEL Token, Launches Bounty Program with $5,000 USDT Reward
- Mar 23, 2024 at 12:00 am
- CoinW, a leading cryptocurrency exchange, will list DUEL tokens on its Meme Zone on March 22nd, 2024, at 10:00 (UTC), making them available for trading through the DUEL/USDT trading pair. To commemorate this listing, CoinW is launching a bounty program offering a reward pool of 5,000 USDT for users who register, trade, and participate in community events.
- Solana Soars, Dominating Blockchain Ecosystem with 49.3% of Investor Interest
- Mar 23, 2024 at 12:00 am
- The Solana blockchain ecosystem has garnered immense attention in 2024, capturing 49.3% of global crypto investor interest, according to CoinGecko's report. This surge is attributed to the price rally of SOL and strong performances from Solana-based projects like Pyth and dogwifhat. While Ethereum remains the second most popular ecosystem (12.7%), interest is shifting towards L2 networks built on its base layer, with Arbitrum leading the way.
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2024
Mar / 22
- Coinbase's Multifaceted Growth: Beyond Trading, Embracing Web3 and Blockchain Innovations
- Mar 22, 2024 at 11:59 pm
- Coinbase, a leading cryptocurrency exchange, continues its multi-faceted growth strategy. Analyst Devin Ryan maintains a Market Outperform rating with a $300 price target, citing not only the potential for growth within the exchange business but also the company's significant role in blockchain innovation.
- US: NY Financial Regulator Delays Ruling on XRP ‘Greenlist’ FOIA Appeal
- Mar 22, 2024 at 11:58 pm
- Legal expert James Murphy is seeking transparency from the New York State Department of Financial Services (NYDFS) regarding its decision to remove XRP from its "greenlist" of approved cryptocurrencies. Despite a court ruling that XRP secondary sales are not securities offerings, NYDFS delisted XRP while keeping Ethereum on the greenlist, raising concerns for Murphy. He filed an administrative appeal and is encouraging NYDFS to voluntarily disclose documents related to the decision-making process.
- NYDFS Extends Deadline to Rule on XRP Appeal
- Mar 22, 2024 at 11:58 pm
- James Murphy, legal expert at Ludlow Street Advisors, has announced via X (formerly Twitter) that the New York State Department of Financial Services has extended the deadline to rule on his administrative appeal regarding the department's refusal to release documents pertaining to XRP's exclusion from its "greenlist."
- Estonia Cracks Down on Crypto with Sweeping Regulations for Service Providers
- Mar 22, 2024 at 11:58 pm
- Estonia has passed a bill establishing stringent legal requirements for digital asset service providers. The legislation aims to enhance the industry's regulation, strengthen its credibility, and protect investors from cyber thefts and business failures. Service providers will face financial supervision from the Financial Supervision Authority, with fines increasing to €5 million for non-compliance.
- Hellminer.exe: Crypto-Mining Malware Analyzed, Comprehensive Removal Guide
- Mar 22, 2024 at 11:51 pm
- Hellminer.exe is a malicious software that consumes high CPU resources, exploiting the system for cryptocurrency mining. It infects systems through malvertising or dropper malware and employs anti-VM and anti-debug measures. Hellminer establishes persistence through registry modifications and WMI calls, utilizing a peer-to-peer command server network for enhanced resilience. Removal requires thorough scanning with anti-malware software to eliminate the malware and its backups.
- Are Bitcoin Price Projections for the Next Four Months Too Ambitious?
- Mar 22, 2024 at 11:50 pm
- Cryptocurrency analyst "Crypto Scofield" has predicted significant price increases for several tokens within the next four months. Despite the recent market downturn, Scofield believes that Bitcoin (BTC) could surge to $150,000, a 125% increase from its current price. Fetch.ai (FET) and Injective (INJ) are also projected to experience significant growth, with targets of $22 and $350, respectively. Other tokens identified with potential for a rebound include Oasis Network (ROSE), COTI, and FLOKI.
- Is Fantom Cruising Through Market Turbulence with Zen-Like Calm?
- Mar 22, 2024 at 11:47 pm
- Despite market turbulence, Fantom holders remain calm and Zen-like, cruising through the chaos with a sense of tranquility. The Ethereum challenger, Fantom, is soaring amidst the market mayhem, outperforming other tokens with its impressive surge. Despite the negative sentiment gripping the crypto space, Fantom seems unfazed, embracing the "no news is good news" approach. With its unique Lachesis Protocol and multiple execution chains, Fantom continues to stand out in the volatile market.
- Dogecoin20: After raising $5.5M in one week, just $1M remains for $DOGE20 presale—why are traders buying big bags? - The Economic Times
- Mar 22, 2024 at 11:47 pm
- Dogecoin20 ($DOGE20), a recently emerged meme coin, has raised an impressive $5.5 million in its presale, with less than $1 million remaining. The project has gained immense popularity due to its upgrades over Dogecoin, including a proof-of-stake consensus mechanism, passive income potential, and improved tokenomics. Traders are flocking to the presale, believing in the coin's potential to explode in value after its launch.