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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
- Base Network Soars to Record Highs with 21,700 Daily Contract Deployers
- Apr 23, 2024 at 01:30 am
- Base Network, a Layer 2 solution for Ethereum, has achieved a significant milestone with 21,700 contract deployers in a single day, indicating a surge in developer activity. This aligns with Base's goal of attracting 1 million developers and is fueled by features like account abstraction and gasless transactions, which simplify the user experience and make the network more accessible.
- Ripple CTO David Schwartz Questions Bitcoin's Identity and Governance Paradigms
- Apr 23, 2024 at 01:28 am
- Ripple CTO David Schwartz challenges the traditional belief that Bitcoin's name and ownership belong to the party with majority hash power. He argues that rational users prioritize the network's nature and values over its name, and the concept of hash power control introduces a governance model that may not align with their expectations or needs. Schwartz's criticism sparks a larger conversation about cryptocurrency governance and the balance of power between miners and users, highlighting the complexities and constant evolution in decentralized digital currency management.
- Modi Unloads Scathing Attack on Congress-CPI(M) 'Buddy-Buddy' Bond
- Apr 23, 2024 at 01:27 am
- Prime Minister Modi has accused Congress and CPI-M of being two sides of the same coin, engaging in friendly competition in Kerala but aligning in Delhi. He alleges that Congress leader Rahul Gandhi silently approves of Kerala Chief Minister Pinarayi Vijayan's corruption despite multiple charges. Modi also criticizes the LDF government in Kerala for its dynasty politics and economic mismanagement, while praising Governor Arif Mohammad Khan for his integrity.
- Dubai's Elite Embrace Meme Coins, Shake Up Investment Landscape
- Apr 23, 2024 at 01:26 am
- A crypto trader reveals the growing interest in meme coins among Dubai's wealthiest individuals. Despite their substantial wealth, billionaires from Qatar and Kuwait are eager to launch their own meme coins, challenging the misconception that meme coins are reserved for the less affluent. This shift highlights the rising influence of meme coins in the financial world, with discussions about them eclipsing traditional financial topics at events.
- Ripple's Epic Legal Battle: Proportionality, Fairness, and Crypto's Future on Trial
- Apr 23, 2024 at 01:24 am
- The ongoing Ripple-SEC legal battle has reached a critical juncture, with the U.S. Securities and Exchange Commission (SEC) demanding a staggering $2 billion penalty from Ripple Labs. At the heart of the matter lies the alleged unlawful sales of XRP, Ripple's native digital asset. Ripple's Chief Legal Officer has decried the SEC's approach as overly harsh, setting the stage for a high-stakes showdown.
- Bitcoin Cash Soars, Dogecoin Slumps: Fezoo's Presale Offers Lucrative Escape
- Apr 23, 2024 at 01:22 am
- As the second quarter of 2024 commences, the cryptocurrency market presents contrasting trends for Bitcoin Cash and Dogecoin. Bitcoin Cash surged post-halving, while Dogecoin faces a bearish downturn. Amidst this market volatility, investors seek new opportunities for growth, leading them to Fezoo, an emerging decentralized trading platform. The Fezoo presale has garnered attention from both Bitcoin Cash and Dogecoin holders due to its low trading fees, AI trading bots, and attractive incentives.
- Hot Toys Releases Captivating Lord Starkiller Figure, Enticing Collectors to the Dark Side
- Apr 23, 2024 at 01:22 am
- Introducing Lord Starkiller, the captivating figure from Star Wars: The Force Unleashed. The 1/6 scale collectible, meticulously crafted by Hot Toys, boasts 12" height, 30 articulation points, and dual LED lightsabers for an immersive display. As Darth Vader's secret apprentice, Starkiller's compelling character embodies the dark side of the Star Wars universe. Pre-orders are now available for $270, and an exclusive version featuring a commemorative coin is offered through Sideshow Collectibles.
- Crypto Market Swings: Bitcoin and Ethereum Holders Navigate Volatility
- Apr 23, 2024 at 01:20 am
- Despite a strong Q1 in 2024, Bitcoin and Ethereum plummeted in Q2, leading investors to shift profits toward promising projects like Fezoo, a decentralized trading platform set to challenge Binance's dominance. Fezoo's presale stage 1 offers a low entry point of $0.013, promising high APY returns through revenue sharing, low transaction fees, and AI-driven trading bots.
- Dow Industrials Up, Nasdaq Falters Amid Geopolitical Uncertainties
- Apr 23, 2024 at 01:16 am
- Amidst geopolitical concerns, the stock market experienced subdued trading, with some early gains fading away. The Nasdaq Composite rose 0.3%, while the S&P 500 gained 0.3%. The Dow Jones Industrial Average followed suit, climbing 30 points or 0.1%, with Procter & Gamble and Goldman Sachs being notable performers. Tesla shares plunged over 4% after it cut prices and Elon Musk defended the move. Nvidia emerged as a bright spot, rising almost 3%, while bitcoin miner Riot Platforms surged over 105% after a bullish Wall Street call.
- Dogecoin Poised for Potential $1 Rally as Descending Triangle Pattern Hints at Bullish Breakout
- Apr 23, 2024 at 01:15 am
- Analyst Ali from X discovers a potential bullish pattern emerging in Dogecoin's 1-week price history, resembling a Descending Triangle. This pattern typically involves consolidation between two trendlines forming a triangle shape and has historically indicated rallies for DOGE after a breakout. As DOGE has been forming a similar pattern recently, Ali suggests that a possible surge towards $1 could be on the horizon, representing a potential growth of 525% if historical trends repeat themselves.
- Bitcoin Halving Looming, Investors Exercise Caution
- Apr 23, 2024 at 01:11 am
- In the week leading up to the Bitcoin (BTC) halving, investors remained cautious, resulting in crypto fund outflows of $206 million. ETP trading volumes declined to $18 billion, with Bitcoin outflows dominating at $192 million. Multi-asset funds gained $8.6 million, while Litecoin and Chainlink saw inflows. Blockchain equities continued to see outflows, totaling $9 million, as investors speculated on the impact of the halving on mining companies.
- BEFE Coin: The Meme Coin Soaring to New Heights in Crypto
- Apr 23, 2024 at 01:09 am
- Meme coins are gaining popularity, with BEFE Coin emerging as a contender. Unlike other meme coins that rely solely on viral trends, BEFE has real-world applications, prioritizing integration into Web 3.0, token burning for scarcity, and a strong community focused on transparency and innovation. These factors differentiate BEFE and suggest potential for value growth.
- FET Cryptocurrency: Market Performance, Technical Trends, and Development Activity Analyzed
- Apr 23, 2024 at 01:09 am
- The FET cryptocurrency has exhibited a remarkable growth trajectory, with its price peaking at $3.50 in March 2024. Volume and price surged in February, indicating increased interest. Active addresses have also risen, suggesting higher demand. Development activity and commit count have increased steadily, indicating positive future prospects. Despite a correction attempt in April, bulls remain dominant. The current price of $2.45 suggests potential for further gains towards $3.50, though support at $1.80 is crucial. This analysis highlights FET's promising outlook based on various technical and fundamental indicators.
- Bitcoin Transaction Fees Plummet Post-Halving, Easing Miner Revenue Concerns
- Apr 23, 2024 at 01:08 am
- Following the Bitcoin (BTC) halving, transaction fees experienced a significant decrease, dropping from a peak of $170 for high-priority transactions to a current cost of $10.44. This represents a substantial reduction of nearly 10 times, with medium-priority and low-priority transactions also seeing a decline to $10.07 and $9.51, respectively. Despite the initial spike in fees, the halving has not significantly impacted the price of BTC, which has gained 2.4% in the past seven days.
- Richard Heart's Polarizing Tactics Divide HEX Community, Trigger SEC Alarm Bells
- Apr 23, 2024 at 01:08 am
- Amidst the lively online communities of altcoin enthusiasts, a divisive figure - Richard Heart, the founder of multiple altcoins including Hex and PulseChain - has sparked a community divide. Heart's controversial statements on the superiority of PulseChain over Ethereum-based Hex have led to a sharp drop in the value of the latter, while PulseChain has outperformed. Facing an SEC lawsuit alleging fraud and unregistered securities offerings, Heart remains defiant, asserting his right to free speech and advocating against the SEC's jurisdiction. As his legal battle unfolds, Heart's social media presence remains contentious, with no signs of abating.
- Navigating the Regulatory Maze: Gold-Backed Cryptocurrencies in a Changing Financial World
- Apr 23, 2024 at 01:08 am
- The intersection of traditional assets and cutting-edge technology has given rise to gold-backed cryptocurrencies, a hybrid asset class blending the stability of gold with the borderless nature of cryptocurrencies. Despite the promise, these assets face regulatory challenges such as categorization, global jurisdictional variances, and compliance with AML and KYC regulations. Regulators worldwide are responding with a mix of caution and innovation, balancing the promotion of financial inclusion with the need for consumer protection.
- Eminem Celebrates 16 Years of Sobriety Milestone
- Apr 23, 2024 at 01:07 am
- Marking 16 consecutive years of sobriety, Eminem took to Instagram on April 20th to share his accomplishment with a symbolic Alcoholics Anonymous coin. The coin's inscribed "16" represents the 16 years of abstinence from alcohol and drugs, a testament to his dedication to recovery. His announcement received an outpouring of support from fans and friends, including his manager Paul Rosenberg's comment, "Sweet 16. So proud of you."
- Navigating the Enigmatic World of Crypto Wallets: A Comprehensive Guide for Security, Convenience, and Innovation
- Apr 23, 2024 at 01:07 am
- In the realm of cryptocurrencies, robust and secure storage solutions are paramount. Crypto wallets, indispensable for safeguarding digital assets, have proliferated rapidly, with over 460 million Bitcoin-related wallets created globally. Catering to diverse user needs, the market offers a myriad of providers. New entrants and experienced users alike may face challenges in navigating the overwhelming array of options. This article delves into key considerations for selecting a crypto wallet, encompassing security, convenience, innovation, support, and compatibility.
- Magic Eden Cements Bitcoin Hub Status with Launch of Runes Platform
- Apr 23, 2024 at 01:07 am
- Magic Eden, a non-BTC native NFT marketplace, is expanding its support for innovation on Bitcoin with the launch of its Magic Eden Runes platform. Runes Protocol, a new token standard that makes inscribing NFTs on Bitcoin faster and at lower gas fees, launched last week, and Magic Eden's platform allows users to swap for BTC and buy runes and ordinals using their Magic Eden wallet.
- Bitcoin Soars After Halving, Signaling Crypto and Stock Bull Run
- Apr 23, 2024 at 01:05 am
- Following the successful Bitcoin halving, cryptocurrency prices surged on Monday. Bitcoin, which now mints only 450 new tokens daily, climbed 3% to $66,535, aiming for the $67,000 resistance level. Ethereum remained stagnant against Bitcoin, while altcoins, including Ontology, Pepe, and WEMIX, experienced significant gains. Equity markets also rebounded, with the S&P, Dow, and Nasdaq rising 0.87%, 0.67%, and 1.11%, respectively.