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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
Jan / 30
- Immutable zkEVM Launches Mainnet Early Access Mode
- Jan 30, 2024 at 10:29 am
- Immutable, in collaboration with Polygon, has launched its Immutable zkEVM mainnet in early access mode. This web3 gaming platform aims to cater to select game studios and ecosystem partners. The development of zkEVM was announced in March last year, with validators securing the network by staking Polygon's Matic tokens. The dedicated chain of Immutable zkEVM leverages zk-rollup technology, ensuring compatibility with Ethereum apps. It operates separately from Immutable X, the project's existing StarkEx-based Layer 2 chain. With this launch, Immutable is providing access to its cutting-edge technology to a limited group, setting the stage for wider adoption in the future.
- Digital Asset Investment Products Witness $500 Million Outflows; Bitcoin ETFs Remain in Focus
- Jan 30, 2024 at 10:24 am
- Last week, digital asset investment products experienced a $500 million outflow, with Bitcoin-indexed exchange-traded products (ETPs) accounting for nearly 96% of the total outflows, according to asse...
- Cuban Confirms Dallas Mavericks Still Accepts Dogecoin: Is DOGE Set for a Rise in 2024?
- Jan 30, 2024 at 09:59 am
- Dallas Mavericks owner Mark Cuban has confirmed that the NBA team continues to accept Dogecoin (DOGE) as a payment method. This news comes as Dogecoin has been gaining traction in the crypto market, with its price rising significantly in recent weeks. The continued acceptance of DOGE by the Mavericks is a positive sign for the meme coin, and could help to further increase its adoption and value.
- Marathon’s MaraPool Experiences Sharp Decline in Bitcoin Block Production
- Jan 30, 2024 at 05:24 am
- Marathon Digital Holdings, a prominent bitcoin mining company, has witnessed a substantial drop in the number of blocks mined by its exclusive MaraPool. This sudden decline, from a steady average of 5 blocks daily to zero in recent days, has raised concerns about potential issues within the company's mining operations. The cause of this sharp decrease remains unclear, but speculation includes factors such as bad luck in the probabilistic nature of mining or possible hashrate downtime or technical problems. Marathon has not yet issued any official statement or response regarding this change in mining output.
- Why Pandoshi (PAMBO) is Poised to Replace Shiba Inu (SHIB)
- Jan 30, 2024 at 04:34 am
- Pandoshi (PAMBO) is a decentralized ecosystem that aims to replace Shiba Inu (SHIB) as the leading community-driven cryptocurrency. Inspired by Satoshi Nakamoto's vision, Pandoshi focuses on decentralization, privacy, and monetary freedom. Its native utility token, PAMBO, serves as the currency for the PandaChain, fuels transactions within the Metaverse Game, and benefits from a buy-and-burn mechanism. The project has recently launched its DeFi non-custodial Pandoshi Wallet, showcasing its commitment to delivering user-centric products. With a successful presale and a clear vision for the future, Pandoshi is poised to become a formidable player in the crypto space.
- Solana-Based DEX Jupiter Sees Leap in Trading Volumes Ahead of Its Token Issuance
- Jan 30, 2024 at 02:59 am
- Solana-based trading aggregator Jupiter has recently experienced a surge in transaction volume, surpassing $500 million in the last 24 hours. This growth is attributed to users swapping stablecoins and the WEN memecoin for Solana-based tokens. Jupiter's impressive volume has briefly positioned it as the largest on-chain trading platform, replacing UniSwap.
- Shibarium more attractive? The Shiba Inu team announces a major offensive
- Jan 30, 2024 at 02:49 am
- Shibarium, Shiba Inu's Layer 2 blockchain, has reached remarkable milestones, including over 310 million transactions and strategic partnerships. Despite market volatility, Shibarium's spokesperson, Lucie, advises caution, emphasizing due diligence and investing within one's means.
- BONK Token’s Performance and Developments
- Jan 30, 2024 at 02:39 am
- BONK, a Solana-based meme token, has witnessed a notable increase of 3.9% in the past week and an impressive 1,011% surge over the last year. The altcoin has recently gained traction among investors, outperforming popular meme tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). BONK's current price stands at $0.00001151, with a decline in transaction volume since mid-January. Despite a lack of buyer interest indicated by its relative strength index below 50, the token may benefit from a decrease in whale activity on SHIB.
- Week Of Withdrawals: Crypto Funds Lose $500M As Grayscale’s Outflow Wanes
- Jan 30, 2024 at 02:04 am
- The crypto market has recently experienced significant outflows, with digital asset investment products worldwide seeing net outflows of $500 million last week. These outflows primarily stemmed from Grayscale's converted spot Bitcoin exchange-traded fund (GBTC), though its impact has been diminishing with daily outflows reducing progressively throughout the week.
- Solana Foundation partners with Colosseum to enhance developer ecosystem
- Jan 30, 2024 at 01:59 am
- The Solana Foundation, a prominent player in the blockchain industry, has teamed up with Colosseum, an online platform known for its developer initiatives, to bolster its talent pipeline. This collaboration will see Colosseum manage hackathons and an accelerator program exclusively for the Solana Foundation, with the aim of fostering a thriving ecosystem of developers and startups. The partnership includes a $250,000 pre-seed investment for projects that enter the accelerator program, providing comprehensive support and access to the Solana ecosystem.
- Will BONK Meme Eclipse Shiba Inu as SHIB Whales Enter Hibernation?
- Jan 30, 2024 at 01:49 am
- BONK, a Solana-based meme coin, has experienced a significant surge in the past year, outperforming both Shiba Inu (SHIB) and Dogecoin (DOGE) in trading volume. Despite a recent decline, BONK remains a potential competitor to SHIB, as indicated by its strong DeFi presence and the growing concerns among SHIB whales regarding the token's Web3 transition.
- e-Grains Makes History as the First Company to offer Tokenized Agro Commodities in the World (29 Jan)
- Jan 30, 2024 at 01:44 am
- San Salvador, El Salvador, January 29th, 2024, Chainwire e-Grains proudly announces a groundbreaking achievement with the recent approval as a Tokenized Digital Asset Issuer by the National Council ...
- Dogecoin (DOGE) Defies Downtrend in Epic Plot Twist
- Jan 30, 2024 at 12:54 am
- Amidst a broader market downturn, Dogecoin (DOGE) has emerged as an unexpected hero, defying the prevailing downtrend. Despite other top cryptocurrencies facing losses, DOGE has surged by 1.68% in the past 24 hours, driven by the anticipated launch of X Payments, Elon Musk's ambitious project. Musk's commitment to X, which includes plans to integrate DOGE, has fueled positive sentiment, while Binance's recent addition of Dogecoin to its USDC-margined futures has further boosted its fortunes. The support of its active community has also played a role in Dogecoin's resilience, highlighting its popularity among crypto enthusiasts.
- This Solana DEX surges past Uniswap: All you need to know
- Jan 30, 2024 at 12:34 am
- In the past 24 hours, the trading volume of Solana's DEX, Jupiter, has surpassed that of Uniswap. This surge is largely attributed to Jupiter's recent WEN token airdrop, which has led to increased daily trading volume and transaction fees on the Solana network. However, despite this boost, SOL's price has remained sideways, with technical indicators suggesting continued bearish sentiment among traders.
- 16 crypto projects that could airdrop tokens in 2024
- Jan 30, 2024 at 12:29 am
- Airdrops, a unique concept in the cryptocurrency industry, involve blockchain projects distributing free native tokens to existing or qualifying users. These airdrops serve multiple purposes, including boosting awareness, incentivizing participation, and promoting network effects. With the crypto landscape constantly evolving, upcoming airdrops in 2024 have generated significant buzz, such as projects on Solana, bridges and DeFi protocols, derivatives exchanges, and other promising ventures.
- Crypto Exchange VALR to List PayPal USD (PYUSD), Facilitating Seamless On- and Off-Ramping in the Crypto Ecosystem
- Jan 30, 2024 at 12:09 am
- VALR, a leading global crypto exchange, has announced the listing of PayPal USD (PYUSD) against USDT and the South African Rand (ZAR) on its platform, effective January 30, 2024. This strategic move aims to empower users to seamlessly transition between fiat, crypto markets, and the vast PayPal ecosystem, while promoting the adoption of crypto assets in everyday transactions.
- N500m license requirement: Nigerian crypto leaders say SEC is out to stifle local companies
- Jan 30, 2024 at 12:04 am
- Towards the end of 2023, the Central Bank of Nigeria (CBN) lifted the almost three-year-old ban on transactions between banks and crypto exchanges. Not long after the announcement was made, the CBN ap...
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2024
Jan / 29
- Solana-based Jupiter jumps 22% with $500 mln trade settlement
- Jan 29, 2024 at 11:09 pm
- Solana-based trading aggregator Jupiter has surpassed Uniswap v3 in trade settlement volume, reaching a significant $500 million in the past 24 hours. This achievement has garnered attention from investors and retailers alike, propelling Jupiter to the forefront of decentralized exchanges. Jupiter's extensive offering of 550 tokens and 5,550 trading pairs, including the highly active USDC/SOL pair, has contributed to its impressive performance. The platform's unique approach of routing orders to multiple Solana-based exchanges ensures the best available price execution for traders.
- Solana (SOL) Breaks Out of Descending Channel, Top Analyst Sets $113 Target
- Jan 29, 2024 at 11:06 pm
- Renowned crypto analyst Ali Martinez has identified a breakout from a descending parallel channel for Solana (SOL), signaling potential upward momentum. If SOL can maintain its position above $94, Martinez anticipates a progression towards the $113 target, indicating a bullish trend for the cryptocurrency.