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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
- Shiba Inu Network Outage No Impact on Token Price, $12M Secured for Blockchain Development
- Apr 23, 2024 at 01:57 pm
- Despite a temporary network outage on the Shibarium blockchain on April 22, 2024, the trade price of the Shiba Inu token (SHIB) remained unaffected, demonstrating the strong support and market influence of the coin among investors. The Shiba Inu project team has also secured $12 million in funding for the development of a layer-3 blockchain network on Shibarium, aiming to provide enhanced security and transaction speed.
- BlockDAG Emerges as Digital Finance Game-Changer, Outpacing BitcoinDogsClub's Uncertain Fate
- Apr 23, 2024 at 01:56 pm
- Despite an impressive $19.5 million presale, the upcoming listing of BitcoinDogsClub faces concerns due to its timing in a bearish market and the speculative nature of its "0DOG" token. In contrast, BlockDAG's DeFi payment card, built on DAG technology, has garnered significant interest, with a presale price of $0.005 and predictions of a substantial price increase in the future, positioning it as a more promising and innovative investment opportunity.
- Shiba Inu Defies Odds, Remains Unscathed After Shibarium Outage
- Apr 23, 2024 at 01:52 pm
- Despite a temporary network outage on the Shibarium blockchain network on April 22, 2024, the trade price of the Shiba Inu token (SHIB) remained stable, showing strong support among crypto investors. This stability highlights the growing influence of Shiba Inu in the cryptocurrency market and the resilience of its community.
- US Bitcoin Market Remains Stable Amidst Halving, Fueled by Miner Sales and Institutional Demand
- Apr 23, 2024 at 01:50 pm
- Prior to the halving event, Bitcoin (BTC) miners were observed selling their reserves. The introduction of spot exchange-traded funds (ETFs) in the United States may have dispersed potential selling pressure, preventing a steep price drop. CryptoQuant data indicates a significant decline in daily BTC transfers from miners to exchanges in March, suggesting prior selling or collateralization for infrastructure upgrades.
- Crypto Investors Anticipate Raboo (RABT) Presale, Fueling Market Excitement
- Apr 23, 2024 at 01:50 pm
- As THETA and Immutable X investors monitor Raboo's presale, excitement builds in the crypto community. Raboo's entry-level token presale, priced at $0.0036 and projected to rise 100x by 2024, coupled with its impact on the $62 billion meme market, has attracted the attention of investors seeking the next hot crypto.
- Bitcoin Runes Token Surge Spurs Exchange Listings
- Apr 23, 2024 at 01:45 pm
- The recent listing of Runes tokens on Gate.io and other major cryptocurrency exchanges has generated significant excitement among investors and traders. This surge in interest is attributed to the launch of Bitcoin's new Runes fungible token standard, which allows for the creation of fungible tokens on the Bitcoin network. Gate.io, headquartered in the Cayman Islands, promptly listed three of the earliest Runes tokens on Bitcoin, capitalizing on the immediate demand following the introduction of this new standard.
- BlackRock's IBIT Fund Breaks Into Top 10 Longest Daily Inflow Streaks for US ETFs
- Apr 23, 2024 at 01:43 pm
- BlackRock has reached the top 10 for longest daily inflow streaks in US exchange-traded funds after a recent $19.7 million inflow on April 22nd. This 70-day milestone ties BlackRock's IBIT fund with JETS, another ETF that combines shares in an index of airline industry companies and has also achieved 70 straight days of inflows.
- Surge of Promising Cryptocurrencies Unveils Potential Investments for 2024 and Beyond
- Apr 23, 2024 at 01:40 pm
- With market sentiment high despite price declines, this article highlights cryptocurrencies poised for growth. NEAR Protocol, with its scalability and user-friendliness, surged 22.39% weekly to $6.90. CORE, a DeFi giant, dominated with a 54% surge last week, reaching $2.7, driven by strategic initiatives and a 277.82% monthly leap. NEO's resilience in bull markets suggests potential for further surges, with analysts predicting a possible surge to $30. Ankr's strong foundation, partnerships, and recent trading volume increase indicate potential for significant future growth. Dogeverse, a meme coin with a presale raising up to $17 million, offers fast and low-cost transactions across multiple blockchains, making it one to watch.
- Bitcoin Projected to Reach $245,000 in Five Years, Analysts Say
- Apr 23, 2024 at 01:38 pm
- A recent analysis forecasts a promising future for Bitcoin, predicting it could reach $245,000 within five years at a conservative 30% annual growth rate. Assuming a 40% growth rate, the value is projected to soar to $10.3 million in 15 years, potentially surpassing $1 million by 2028 and $16.5 million by 2033.
- Altcoin Season on the Horizon as Bitcoin Halving Spurs Innovation
- Apr 23, 2024 at 01:27 pm
- The crypto market is optimistic following the recent halving event. Investors are exploring altcoins with high potential, such as Fezoo (FEZ), which offers military-grade security and an exceptional user experience. Fezoo's presale, with an entry price of $0.013, is attracting investors, who may see it as a promising investment alongside VeChain (VET) and Filecoin (FIL). However, analysts note that VeChain and Filecoin have experienced price downturns and are expected to face volatility before potential uptrends.
- Pushd Presale Surges Amid Market Turmoil, Driving Investor Confidence
- Apr 23, 2024 at 01:25 pm
- Amidst market volatility, Pushd's presale (Stage 6) has garnered significant attention from both Cosmos and Fetch.ai holders, signaling the coin's promising potential. Its decentralized online marketplace powered by blockchain aims to transform online shopping, attracting investors seeking novel DeFi opportunities. With unique tokenomics, a limited supply, and a value-driven concept, Pushd emerges as a promising investment opportunity.
- Ripple CTO Disputes XRP Underperformance Claims, Highlights 1,500% Growth Since 2017
- Apr 23, 2024 at 01:22 pm
- In response to claims of XRP's underperformance, Ripple CTO David Schwartz highlights its 1,500% growth since 2017, with an Annual Percentage Yield (APY) of 47%. However, despite this uptrend, XRP lags behind many cryptocurrencies, particularly meme coins, leading to frustration among investors like Mr. Karipple, who has held XRP since 2017 without substantial gains.
- Raoul Pal Releases Crypto Power Rankings: A Guide to Strategic Investments
- Apr 23, 2024 at 01:21 pm
- Raoul Pal's latest analysis ranks top cryptocurrencies based on their potential longevity and adoption. He categorizes them into four tiers: S, A, B, C/D. Tier S includes stable, well-established assets like Bitcoin, Ethereum, and Solana. Tier A includes Dogecoin, recognized for its market performance. Tier B includes altcoins like XRP, Cardano, and Cosmos, showing promise but lacking global adoption. Tier C includes uncertain assets like Polygon and Tron, while Tier D consists of higher-risk projects like Ton Coin and Injective with unproven potential.
- Solana Sinks; Investors Turn to Presales for Hope, with Kelexo Shining Bright
- Apr 23, 2024 at 01:18 pm
- Solana's (SOL) recent downturns have investors seeking profitable alternatives. Kelexo (KLXO), a promising presale, offers lending services and a user-centric ecosystem. Sushi (SUSHI) and Theta Network (THETA) holders, disappointed by Solana's decline, are now exploring Kelexo's presale potential, which includes crypto loans, a decentralized marketplace, and loyalty rewards.
- 5th Scape: Pioneering AR/VR Ecosystem Revolutionizes Immersive Experiences
- Apr 23, 2024 at 01:17 pm
- 5th Scape (5SCAPE) aims to establish itself as the leading AR and VR ecosystem connecting the most innovative minds in the industry. The Ethereum-based project envisions a future where groundbreaking VR games, hardware, and animations are seamlessly integrated, supported by a well-structured strategy that aligns with the team's overarching vision. With a presale that has already surpassed $5 million and a team committed to accessibility and compatibility, 5th Scape is poised to disrupt the VR/AR gaming landscape and revolutionize the way we experience entertainment and education.
- BNB Bulls Charge Towards $630, Momentum Soars
- Apr 23, 2024 at 01:13 pm
- BNB price initiates an upward trend after surpassing the $550 resistance level. Currently trading above $580, the price rallies with bullish momentum that could potentially propel it beyond $630. A clear break through the $630 zone could lead to a further surge towards $680, while dips are anticipated to find support around $592 and $585.
- US Asset Seizure Shakes Global Monetary System to Its Core
- Apr 23, 2024 at 01:09 pm
- The US seizure of Russian assets will have serious repercussions on the international monetary system. It could potentially lead to the end of the dollar's dominance, as investors seek alternative safe havens. Bitcoin is well-positioned to benefit from these geopolitical upheavals, as it offers a finite and uncensorable reserve currency.
- Stacks Blockchain Rolls Out Monumental "Nakamoto" Upgrade, Ushering in New Era for Bitcoin-Backed Apps
- Apr 23, 2024 at 01:08 pm
- Stacks, a Layer 2 blockchain built on Bitcoin, is undergoing its most significant upgrade to date, codenamed "Nakamoto." This upgrade introduces a new block production method and an updated consensus algorithm, Proof-of-Transfer. With this upgrade, Stacks will move away from Bitcoin's block schedule, reducing congestion and enabling higher transaction throughput. Users are advised to check for wallet updates, while STX stakers can expect an automated unlock of their tokens, allowing them to restake in the upcoming Nakamoto pools.
- Play-to-Earn Resurgence: BDJ, Enjin, and Gala Shape Gaming's Future
- Apr 23, 2024 at 01:08 pm
- The Play-to-Earn (P2E) sector is experiencing a resurgence with new projects emerging. Billion Dollar Jackpot (BDJ), a newcomer, stands out with its innovative F1-centric betting model, while established players Enjin Coin (ENJ) and Gala Games (GALA) face challenges in adapting to the evolving P2E landscape. This article explores the unique approaches of these three projects, highlighting the growing competition and innovation within the sector.
- Bitcoin's New Tokens Attract Attention from Centralized Exchanges
- Apr 23, 2024 at 01:06 pm
- Bitcoin's Runes fungible token standard, launched during the fourth halving event, has ignited interest among centralized exchanges. The rush to create Runes tokens drove Bitcoin network fees to record highs. Gate.io has already listed three early Runes tokens, including "SATOSHI•NAKAMOTO" and "MEME•ECONOMICS." Speculation suggests that the first ten Runes tokens are highly sought after for exchange listings, with "WANKO•MANKO•RUNES" deviating from the trend likely due to its association with a Runes protocol creator's story.