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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- Crypto Outflows Mount as Bitcoin Worries and Altcoins Shine
- Apr 23, 2024 at 07:00 am
- Amidst market uncertainty, crypto investment products witnessed outflows of $206 million, with Bitcoin [BTC] dominating at $192 million and Ethereum [ETH] at $34.2 million. However, Litecoin [LTC] and Chainlink [LINK] stood out with significant inflows, likely fueled by their recent price performances and speculation surrounding interest rates.
- Ethereum Whale Buyout Sparks Justin Sun Connection Speculation
- Apr 23, 2024 at 07:00 am
- Recent reports indicate that a significant Ethereum (ETH) whale has been actively acquiring the cryptocurrency, purchasing over $405 million worth since March 31st. This whale's buying spree has coincided with similar transactions from an address linked to Tron founder Justin Sun, prompting speculation that Sun may be behind the purchases. The research platform Lookonchain suggests that the similarities in activity between the two addresses and a large USDT deposit by Sun's alleged address to Binance on the same day as the mysterious address's stablecoin withdrawal support the possibility that Sun is the driving force behind this ETH accumulation.
- Runes Protocol Shatters Bitcoin Mining Revenue Records, Fueling Tokenization Revolution
- Apr 23, 2024 at 07:00 am
- Amidst the highly anticipated Bitcoin halving on April 19, a remarkable turn of events unfolded. Contrary to expectations of diminished miner revenue, the introduction of the Runes protocol, built upon Unspent Transaction Output (UTXO), triggered a surge in transaction fees, propelling miner profits to record levels. Data reveals a staggering $107.8 million in revenue on April 20, with 75% stemming from transaction fees alone, surpassing previous records and signaling a paradigm shift in cryptocurrency economics.
- Ripple, Solana Surge in Bullish Crypto Market; Furrever Token Poised for 15X Rise
- Apr 23, 2024 at 07:00 am
- In the wake of Bitcoin's halving, Ripple (XRP) and Solana (SOL) surge, emerging as potential game-changers in the cryptocurrency market. Amidst their gains, Furrever Token (FURR) captivates investors with a pre-sale strategy promising over 15X returns. As the crypto landscape continues to evolve, the question arises: Can FURR ride the bullish wave and exceed expectations? This article explores the dynamics of these evolving markets to uncover the potential of these cryptocurrencies.
- Crypto Buzz: BlockDAG Surges, Retik Challenges Polygon, Monero Protects Privacy
- Apr 23, 2024 at 06:59 am
- The cryptocurrency world is abuzz with excitement as BlockDAG's presale surpasses $19 million, signaling investor confidence. Retik Finance emerges as a strong contender in the DeFi space, challenging Polygon's dominance with its AI-powered lending and multi-chain wallets. Meanwhile, Monero continues to lead in privacy-centric cryptocurrency investments, valuing user anonymity above all else. BlockDAG, however, stands out as the next big crypto, with its eco-friendly Proof-of-Work mechanism and 20,000x ROI potential attracting eco-conscious investors seeking responsible investment opportunities.
- Sleep Token's IV Electrifies Brisbane with Surprise Bring Me the Horizon Collab
- Apr 23, 2024 at 06:57 am
- At Bring Me The Horizon's recent Brisbane, Australia gig, Sleep Token guitarist and vocalist IV joined the band onstage for a special collaboration. Teaming up with BMTH, IV lent his vocals to a rendition of the group's 2013 hit, "Antivist." The electrifying performance saw IV, known for his formidable screaming abilities, team up with Bring Me The Horizon's own vocalist Oli Sykes. Adding to the intrigue, both IV and Sykes donned masks, amplifying the performance's mysterious aura.
- Houston's U.S. Coins & Jewelry Celebrates National Coin Week's Centennial with Epic Festivities
- Apr 23, 2024 at 06:52 am
- U.S. Coins and Jewelry will host a treasure hunt in Houston, Texas during National Coin Week from April 21-27th, 2024. The event will include the hiding of rare vintage coins at five local businesses, with the first five customers at each location who use the password "Numismatics" receiving a coin. The recipients will be eligible for a grand prize drawing of gold and silver coins worth approximately $10,000, which will be held at the store on April 27th.
- US Coins & Jewelry Kicks Off National Coin Week with Citywide Treasure Hunt and Sports Celebrity Appearances
- Apr 23, 2024 at 06:49 am
- U.S. Coins & Jewelry is celebrating the 100th anniversary of National Coin Week with a citywide treasure hunt in Houston. The event will feature appearances from sports legends Nick Allegretti, Jeff Bagwell, Roger Clemens, Brian Cushing, and Rudy Tomjanovich. Five rare vintage coins will be hidden at locally-owned businesses, and the first five customers at each store who use the password "Numismatics" will receive a coin valued between $80-120. A grand prize drawing will be held on April 27th for approximately $10,000 worth of gold and silver coins.
- Bullish Uniswap Emerges Amidst Bitcoin Halving and DeFi Surge
- Apr 23, 2024 at 06:43 am
- Uniswap is experiencing a bullish trend following the Bitcoin Halving, with increased volume and price. Whale activity has surged, with a recent withdrawal of 121,871 UNI from Binance. Despite previous challenges, the token's value has risen 8.31% in the past week, indicating renewed investor interest. Expectations of an altcoin season and the halving are driving sentiment, with targets of $15-$20 possible. Uniswap has also achieved a milestone of $250 billion in trading volume on Layer-2 platforms, demonstrating the growing adoption of these technologies.
- XRP Poised for Massive $3-$5 Surge Within 12-15 Months
- Apr 23, 2024 at 06:32 am
- Seasoned crypto trader Ash Crypto predicts a surge of up to 848.58% for XRP within the next 12 to 15 months, with a potential target range of $3-$5. The forecast, based on general market optimism, has ignited discussions within the crypto community, but skeptics like Mikybull suggest a more moderate timeline for XRP to reach $3. Despite previous setbacks, Ash Crypto's outlook highlights the potential for XRP to reclaim lost ground amidst a favorable market sentiment.
- Dogecoin Set to Soar: Analysts Predict Imminent Surge to $1
- Apr 23, 2024 at 06:30 am
- Crypto analyst Ali Martinez predicts a bullish outlook for Dogecoin (DOGE) based on a buy signal on the daily chart and historical price patterns. Martinez suggests that DOGE could experience a significant upswing in the coming days or weeks, with a potential surge towards $1 in the near future.
- Bitcoin Transaction Fees: Extreme Fluctuations Mark Volatile Ride
- Apr 23, 2024 at 06:30 am
- Bitcoin transaction fees embarked on a wild rollercoaster ride, surging to unprecedented highs of $128 amidst the recent halving only to swiftly plunge to $34.8. This dramatic fluctuation mirrors the cryptocurrency market's inherent volatility, with a surge in total fees to $81 million on April 20 followed by a sharp decline to $22.37 million the next day. The initial fee spike was attributed to the frenzy of rune-based meme coin creation after the introduction of Casey Rodarmor's Runes protocol.
- Skillful AI and SKALE Network Unveil Strategic Alliance to Revolutionize AI on Blockchain
- Apr 23, 2024 at 06:30 am
- Skillful AI and SKALE Network have forged a strategic partnership to enhance AI applications through blockchain integration. This collaboration aims to bridge the gap between cutting-edge technology and user needs, improving accessibility and functionality. Skillful AI's advanced AI technology will be combined with SKALE Network's zero gas fees, instant finality, and scalability to empower AI applications, fostering a more inclusive and empowered digital landscape.
- Stacks Unveils Revolutionary Nakamoto Upgrade, Elevating Bitcoin Layer-2 to New Heights
- Apr 23, 2024 at 06:28 am
- Stacks, a Bitcoin layer-2 solution, has commenced the phased rollout of its Nakamoto upgrade, aimed at enhancing transaction speed and overall blockchain efficiency. The update, named after Bitcoin's creator, introduces a new block production schedule, reducing block times from 10-30 minutes to just 5 seconds. This enhancement has boosted STX token prices by 16% and propelled STX into the top 25 market cap tokens.
- Binance CEO: Bitcoin Halving Poised to Transform Crypto Landscape
- Apr 23, 2024 at 06:15 am
- As the eagerly awaited Bitcoin halving approaches, Binance CEO Richard Teng highlights the unique circumstances surrounding this year's event. Amidst a confluence of significant developments, including institutional interest from ETF approvals and increased Layer 2 and DeFi activity, Teng notes Bitcoin's historical price increases following halvings. While acknowledging potential for further growth, he cautions against unrealistic expectations and emphasizes the importance of managing expectations and adopting a longer-term perspective on the impact of this pivotal event on Bitcoin and the broader crypto ecosystem.
- Cryptocurrency Market Poised for Continued Bull Run Amidst Positive Momentum
- Apr 23, 2024 at 06:15 am
- The cryptocurrency market exhibits a bullish trend today, with the total market cap rising by 1.3% to $2.42T. Bitcoin gains 2.82% to $66,567, while Ethereum increases by 1.9% to $3,202. Despite the overall surge, HEX remains stagnant, and Dogwifhat and Jito face corrections, decreasing by 2.3% and 4.5%, respectively.
- De.Fi Accelerator Launches Gateway to Web3 Innovation and Early-Stage Investments
- Apr 23, 2024 at 06:08 am
- De.Fi, a leading Web3 super app for asset management, announces the launch of its new token launch platform, De.Fi Accelerator. Designed for a new cycle of Web3 product launches, De.Fi Accelerator will be used for IDOs and provide access to Web3 projects before they are listed on an exchange. De.Fi Accelerator will serve as the primary incubator for pioneering Web3 narratives, including EigenLayer Restakings, BRC20s, and Layer-2s. Users can benefit by staking DEFI tokens to earn up to 40% APR and gain access to exclusive deals.
- Bitcoin Halving Worries Drive Record Outflows, Dimming Crypto Interest
- Apr 23, 2024 at 06:06 am
- Bitcoin halving concerns have led to 11 consecutive weeks of outflows from blockchain equities, with investors withdrawing $9 million due to fears of reduced profitability for mining companies. Digital asset investment products also recorded outflows of $206 million, with interest waning in ETPs, potentially due to expectations of prolonged high interest rates.
- UK Prime Minister Announces Full Implementation of Rwanda Asylum Policy
- Apr 23, 2024 at 06:04 am
- The UK's Rwanda deportation scheme is expected to be fully operational with multiple monthly flights by the autumn, according to the Prime Minister's recent announcement. Despite uncertainty about its timeframe and impact, the plan aims to deter illegal immigration by sending asylum seekers to Rwanda. Critics remain skeptical, but if successful, it could pose a challenge for Labour's pledge to scrap the scheme.
- Institutional Investors Pull $206 Million from Crypto Amid Interest Rate Fears
- Apr 23, 2024 at 06:02 am
- Digital asset management firm CoinShares reports a second consecutive week of outflows in institutional cryptocurrency investments, totaling $206 million. The outflows, exacerbated by fears of rising interest rates, have predominantly affected crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs), with bitcoin (BTC) and Ethereum (ETH) experiencing significant losses.