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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
Apr / 23
- Finland Pioneers Ingenious Solution: Bitcoin Mining Heats Homes Amidst Arctic Cold
- Apr 23, 2024 at 08:07 pm
- A novel project in Finland utilizes energy produced from Bitcoin (BTC) mining to provide heat for homes during frigid winters. By employing innovative Bitcoin mining devices, heat generated by hydro-cooled ASIC mining units is channeled into the Finnish district heating system, where it is distributed to multiple buildings. This ingenious approach enables households to reap the benefits of industrial BTC mining while reducing the reliance on carbon-intensive fuels for heat generation.
- Manta Airdrop: Unlock Your Free Tokens Now!
- Apr 23, 2024 at 08:06 pm
- Immerse yourself in the world of cryptocurrency with the Manta Airdrop! Unlock free Manta tokens and embark on an exciting journey. Join the Manta community and witness the transformative power of decentralized finance first-hand. With just a few simple steps, you can claim your share of the airdrop and secure your piece of the digital asset revolution.
- Gnosis Safe's Governance Token Unleashed: SAFE Now Trading After Two-Year Lockup
- Apr 23, 2024 at 08:06 pm
- The SAFE token of decentralized finance custodian protocol Safe Protocol (formerly known as Gnosis Safe) has become tradable after being locked for nearly two years. The token was distributed via airdrop in October 2022.
- Dormant Crypto Assets Stack Up on Blockchain Bridges, Worth Millions
- Apr 23, 2024 at 08:06 pm
- Blockchain bridges hold millions of dollars in dormant assets, according to Arkham Intelligence. Prominent entities like Vitalik Buterin, Coinbase, and Bofur Capital have amassed nearly $4 million in bridge contracts, with some funds remaining untouched for over two years. Researchers speculate that investors may be strategically positioning assets or have simply forgotten about them.
- Warsaw Hosts Bitcoin Filmfest and Celebrates Halving Amidst Global Optimism
- Apr 23, 2024 at 08:06 pm
- Bitcoiners gathered in Warsaw for the Bitcoin FilmFest, where they celebrated the Bitcoin halving, networked, and watched films about the cryptocurrency. The festival took place in the iconic Palace of Culture and Science, a symbol of Poland's communist past, and served as a poignant backdrop for discussions about Bitcoin's potential to challenge centralized systems.
- Politicized Crypto Policy Endangers Rational Decision-Making
- Apr 23, 2024 at 08:06 pm
- Excessive government intervention in crypto policy highlights the influence of emotions, particularly anger and embarrassment, on policymaking. This raises concerns about the potential loss of U.S. influence in shaping borderless blockchain technology development. Despite the emotional overreaction, the crypto industry's exodus from the U.S. could pressure politicians to improve their decision-making, while blockchain technology potentially provides an alternative governance model through decentralized economic systems.
- BONK and Shiba Inu Crash as Tax-Free Milei Moneda Rises
- Apr 23, 2024 at 08:05 pm
- BONK's Robinhood listing sparked a surge that rapidly plummeted, leaving investors uncertain. Shiba Inu (SHIB) faced a massive sell-off, causing a significant price drop. In contrast, Milei Moneda ($MEDA) presents a tax-free alternative with investment potential, offering opportunities and benefits that have attracted attention amidst market volatility.
- Coinbase Analyst Ratings Split: Goldman Neutral, Raymond James Upgrades
- Apr 23, 2024 at 08:05 pm
- While Coinbase Global Inc. has outperformed by 7.04%, analysts recommend examining stock charts for technical insights. In the past year, COIN has surged 273.32%, with peaks and troughs ranging from $283.48 to $46.43. Furthermore, the stock's simple moving average has climbed by 69.86% in the last 200 days.
- Altcoin Surge: Rollblock (RBLK), Cardano (ADA) Emerge as Promising Investments
- Apr 23, 2024 at 08:05 pm
- Amidst Bitcoin's consolidation, traders seek alternative opportunities in Rollblock (RBLK) and Cardano (ADA). Rollblock, a rising altcoin in the online casino sector, boasts a unique revenue-sharing model and low market cap, potentially offering significant upside. Cardano, despite recent volatility, is poised for a parabolic move according to technical analysis and a bullish price prediction.
- US SEC Seeks Final Judgment in Terraform Labs Fraud Case
- Apr 23, 2024 at 08:05 pm
- Following the April 5th jury verdict finding Do Kwon and Terraform Labs (TFL) liable for defrauding investors, the SEC is pursuing a final judgment that could result in significant restrictions on Kwon's future activities and substantial financial penalties for both him and TFL. The SEC seeks a conduct-based injunction barring Kwon from serving as an officer or director in any entity issuing securities, potentially limiting his future business endeavors. Monetary penalties include $4.7 billion in disgorgement and prejudgment interest, along with $520 million in civil penalties, totaling $5.3 billion.
- Akash Network's AKT Token Skyrockets After Upbit Listing
- Apr 23, 2024 at 08:05 pm
- Akash Network (AKT), a decentralized cloud computing platform, surged to nearly $7 after being listed on the South Korean exchange Upbit. AKT's market capitalization reached $1.45 billion, with a significant 50% rise over the past 24 hours. Akash, built on the Cosmos SDK, facilitates resource trading between server owners and cloud computing users. The network's upcoming "Akash Summit" in May will focus on decentralized artificial intelligence (AAI), aligning with the emerging "DePIN" narrative that has drawn VC interest.
- Small-Cap Gemstones: Coinbase, Xometry, High Tide Poised for Explosive Growth
- Apr 23, 2024 at 08:04 pm
- Seeking to outpace the market through individual stock selection, investors can capitalize on the potential of undervalued small-cap stocks. Coinbase Global Inc. (COIN) recently reported an upward trend, closing at $225.86 with an increase of $7.04. Various ratios and analyst ratings provide insights into the stock's performance, while insider transactions, valuation measures, and historical data further indicate its market position.
- Pepe Coin Soars Post-Bitcoin Halving, Boosted by Coinbase Listing
- Apr 23, 2024 at 08:03 pm
- The highly anticipated Bitcoin halving event of April 19, 2024 has triggered significant market reactions, including a notable surge in the price of the popular meme coin, PEPE. Since the halving, PEPE's value has increased by roughly 3.66%, while its overall performance over the past week shows an impressive 18% gain.
- Memecoin Craze Skyrockets Base Layer-2 Network's Popularity
- Apr 23, 2024 at 08:03 pm
- Jesse Pollak, the creator of Base of Coinbase, attributes the burgeoning adoption of the layer-2 network to the rise of memecoins like DOGE Coin and Shiba Inu. According to Pollak, memecoins are attracting new users to the Base ecosystem through their creativity and community engagement, leading to a "Cambrian explosion" of onboarding experiments. The rise of memecoins highlights their potential as a genuine asset class, with their market capitalization currently standing around $49.3 billion.
- Bitcoin Runes Collapse: Speculation and Market Manipulation Exposed
- Apr 23, 2024 at 08:03 pm
- Runes, a new protocol for fungible tokens on Bitcoin, launched during the Bitcoin halving. However, despite initial hype and high transaction fees, the prices of many Runes have already begun to decline. Leading Runes projects, such as DOG GO TO THE MOON and RSIC GENESIS RUNE, have also seen substantial drops in value. Despite the initial excitement, the long-term viability of Runes remains uncertain.
- Akash Network Token Soars 50% After Upbit Listing and Summit Announcement
- Apr 23, 2024 at 08:03 pm
- Akash Network's AKT token experienced a significant surge of over 50% in the past 24 hours following its listing on South Korea's largest cryptocurrency exchange, Upbit. The decentralized cloud computing platform operates on the Cosmos blockchain and has a market capitalization exceeding $1 billion. AKT's rally coincides with the company's announcement of the upcoming 'Akash summit,' which will focus on decentralized artificial intelligence (AI).
- Altcoins Rise: Challenging Crypto Dominance in a New Era
- Apr 23, 2024 at 08:02 pm
- As the 'altcoin season' of 2024 emerges, lesser-known cryptocurrencies are poised to challenge market dominance. This period presents opportunities for investors as alternative coins gain traction, reshaping the financial landscape. Among emerging contenders, BlastUP, a launchpad in the innovative Blast ecosystem, has garnered attention by raising $4.7 million and offering tiered IDO launches, staking rewards, and loyalty benefits. Its strong foundation and commitment to supporting blockchain startups suggest significant growth potential.
- Crypto Market Evolution: Unveiling the Rising Stars to Watch in 2024
- Apr 23, 2024 at 08:02 pm
- The crypto market is on the cusp of transformative innovations, with emerging platforms poised to challenge established favorites. As the bull run of 2024 unfolds, savvy investors are seeking the next breakout stars that could eclipse current market leaders. This article presents a comprehensive analysis of these up-and-coming trends and disruptive technologies, identifying the key players primed to reshape market dynamics and offering valuable insights for investors eager to stay ahead of the curve.
- Revolt App's BONK Token Integration Expands Crypto Choices for European Users
- Apr 23, 2024 at 08:02 pm
- The integration of the BONK token into the Revolt App signifies a major expansion in its crypto offerings, supporting over 150 digital assets and enabling EU residents to seamlessly trade using BONK. Additionally, Revolt's upcoming Learn and Earn program aims to educate users about cryptocurrencies and provide rewards. The addition of BONK underscores Revolt's focus on token diversification and adapting to evolving user preferences.
- Bitcoin's Halving Ignites Cryptocurrency Value Spike
- Apr 23, 2024 at 08:02 pm
- Bitcoin's highly anticipated halving has occurred, leading to a surge in its value and the broader cryptocurrency market. The reduction in miner rewards has historically driven up Bitcoin's price, and since the halving, it has witnessed a 12% increase. This excitement has also benefited other cryptocurrencies, with Chainlink, Solana, and Cardano experiencing significant gains. However, Bitcoin's 50-day simple moving average poses a potential barrier to its next bull run, highlighting the increasing correlation between Bitcoin and traditional risk assets.