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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 / 22
- Solana Memecoin Meltdown: $26.7M Presale Exodus Haunts Industry Like ICO Mania
- Apr 22, 2024 at 05:35 pm
- Within a month, 12 Solana-based memecoins, raising $26.7 million in presales, have been abandoned, mirroring the 2017 ICO craze. The most prominent of these, 'I Like This Coin', saw a 90% value drop within 8 hours of its launch, while MOONKE plummeted 99% after its launch. One project, despite raising $812,000, never issued a token, prompting comparisons to the failures of the 2017 ICO boom.
- Bitcoin's Resurgence Boosts Optimism for Altcoins
- Apr 22, 2024 at 05:34 pm
- Amidst Bitcoin's remarkable recovery, altcoins including BNB, NEAR, MNT, and RNDR have witnessed a surge in market interest, hinting at a potential bullish trend for the digital asset sector. This positive outlook is corroborated by the steady inflows into Bitcoin ETFs, with analysts predicting continued investment growth throughout 2024.
- Bitcoin Halving and Algotech Presale Shake Up Crypto Landscape
- Apr 22, 2024 at 05:34 pm
- The cryptocurrency market prepares for the approaching Bitcoin (BTC) halving event, which is predicted to heighten its dominance and potentially make it scarcer than gold. Simultaneously, Algotech (ALGT) presale investors anticipate a 30x return upon listing, as the platform combines blockchain and AI for algorithmic trading with a 275% return promise, attracting investors in a challenging market.
- 99Bitcoins Emerges as a Trailblazing Learn-to-Earn Ecosystem, Surpassing $600K in Presale
- Apr 22, 2024 at 05:33 pm
- 99Bitcoins, a groundbreaking EduTech ecosystem, has shattered $600k in presale for its 99BTC token. The Learn-2-Earn crypto platform debuts a novel educational strategy that rewards users for expanding their crypto knowledge through interactive modules and quizzes. With a starting presale price of $0.00101, 99BTC's value is poised for a substantial surge, fueled by a successful presale and a high-rewards staking program. Market analysts project a potential 50X growth to $0.0054 by 2024, fueled by increasing community interest and the platform's massive reach via its YouTube channel (over 700k subscribers) and email list (over 2.8 million subscribers).
- Bitcoin Halving Boosts Crypto Market Optimism, but Some Assets Suffer Losses
- Apr 22, 2024 at 05:33 pm
- Post-Bitcoin halving, market optimism has surged, with most crypto assets experiencing inflows. However, some have faced outflows, including Dogwifhat (WIF), a memecoin that has witnessed a 5.2% decline in the past 24 hours and a 2% drop this week. Despite these losses, commentators anticipate memecoins to benefit from the market's broader gains following the halving event.
- Urgent Action Required: Cleaner Seas Group's Home Solution Leads the Charge in Plastic Pollution Battle
- Apr 22, 2024 at 05:32 pm
- Amidst the escalating plastic pollution crisis, Cleaner Seas Group (CSG) has introduced a groundbreaking home solution: the Indi microfiber filter. Designed to combat microfiber pollution originating from laundry activities, this innovative filter effectively intercepts microfibers before they enter waterways, posing significant health risks. Its potential impact is profound, with the potential to prevent ocean contamination equivalent to 1.3 billion plastic bags.
- Bitcoin Enters New Chapter After Halving, Navigating Market Turmoil and Geopolitical Uncertainties
- Apr 22, 2024 at 05:32 pm
- Bitcoin (BTC) initiated its post-halving epoch with a bullish surge, approaching $70,000. After a volatile week, BTC price action may be stabilizing. Analysts anticipate a period of consolidation before a potential "parabolic upside" as Bitcoin adjusts to the new halving reality. Liquidity remains a factor, with large ask liquidity blocks potentially limiting price advances before Wall Street opens. Macroeconomic data, including the PCE Index, will influence market sentiment and potentially impact Bitcoin's correlation to equities. High transaction fees continue to be a concern, indicating a potential shift in Bitcoin's cost structure. Meanwhile, crypto sentiment has swung towards "greed" after a reset in open interest and funding rates.
- Ethereum and Altcoins Surge Post-Bitcoin Halving, Market Experts Weigh In
- Apr 22, 2024 at 05:29 pm
- Post Bitcoin halving, Ethereum, Tron, and Bitgert have experienced significant price swings. Ethereum's bullish reversal and potential ETF approval boost optimism, while Bitgert's aggressive accumulation, seamless transactions, and EVM compatibility drive its upward trajectory. Experts believe Bitgert's adoption and positive sentiment will continue to support its price growth.
- Tether Expands Stablecoin Empire to TON Blockchain for Enhanced Financial Inclusion and Innovation
- Apr 22, 2024 at 05:29 pm
- Tether, the issuer of the largest stablecoin USDT, has expanded its reach by issuing $60 million USDT on The Open Network (TON) blockchain. This collaboration with TON enables Telegram's 900 million users to make instant and free transfers via direct messages. Tether also launched its gold-pegged stablecoin, Tether Gold (XAUT), on the TON network, aiming to provide users with a financial experience comparable to that of the traditional financial system.
- Dark Solana: Abandoned Meme Coins and Rug Pull Millions Lost
- Apr 22, 2024 at 05:29 pm
- The recent Solana meme coin craze has taken a sinister turn, as an investigation by blockchain sleuth ZachXBT uncovers a string of abandoned projects and millions lost in a "rug pull" scheme. The meteoric rise and subsequent crash of these meme coins, many with flashy names and mascots, has left investors holding worthless tokens. ZachXBT's findings cast a shadow on the Solana meme coin market, highlighting concerns about legitimacy and potential fraud.
- BlockDAG Surges with Record Inflows, Poised for Market Dominance with Innovative Tech
- Apr 22, 2024 at 05:29 pm
- BlockDAG is revolutionizing the cryptocurrency market with a surge in daily inflows from $1 million to $5 million, fueled by the anticipation of its upcoming moon keynote teaser. This coincides with the progress in Cardano's rally and the expansion in the Polkadot ecosystem. BlockDAG's technology, which combines blockchain reliability and Directed Acyclic Graph (DAG) efficiency, positions it as a formidable force in the crypto space, outperforming competitors and attracting substantial financial inflows.
- Shibarium Gas Prices Soar 2,050% in Dramatic Network Activity Surge
- Apr 22, 2024 at 05:28 pm
- Shibarium, the layer-2 network for Shiba Inu, has experienced a meteoric rise in gas prices, surging 2,050% in just two days. The cost of commission gas has skyrocketed from 18 gwei to 37.6 gwei, indicating a dramatic increase in network utilization and transaction volume. Despite the price surge, the BONE token remains relatively stable, suggesting a resilient market response to the elevated gas fees.
- Cardano Bullish Surge Imminent Amidst Market Volatility
- Apr 22, 2024 at 05:27 pm
- Cardano (ADA) exhibits a bullish trend with a 4.55% price increase and a 4.34% market cap gain. Experts highlight the MVRV ratio, which has historically signaled price rallies, suggesting potential for ADA to surpass $1. Technical analysis indicates an upward trend on the 4-hour chart, but slightly decreased volume raises caution. Support at $0.494 and resistance at $0.521 will be crucial in determining ADA's next market moves.
- Bitcoin's Fee Supremacy: A Game-Changing Shift in the Crypto Landscape
- Apr 22, 2024 at 05:27 pm
- Amidst the crypto market landscape, Bitcoin recently soared ahead in transaction fee generation, amassing a staggering $78.3 million on April 20th, dwarfing Ethereum's $3.2 million. The surge, attributed to the launch of Bitcoin Runes, resulted in daily fees skyrocketing to $80 million, surpassing the previous record by four times.
- Chainlink Soars as Bullish Storm Subsides, Poised for Explosive Revival
- Apr 22, 2024 at 05:25 pm
- In the wake of the recent market recovery, altcoins are regaining prominence, with Chainlink (LINK) exhibiting promising bullish momentum. The LINK price action has rebounded from the crucial $13 support level for the third time, indicating a potential for a significant rally. Currently trading at $15.475, LINK faces a death cross scenario, but the recovery rally has driven an 18% surge in the past five days, suggesting an opportunity to buy the dip and potentially reach the $20 mark.
- Tether Expands to TON Blockchain, Issues $60M in USDT, Driving Stablecoin Adoption
- Apr 22, 2024 at 05:25 pm
- Tether, the issuer of the popular stablecoin USDT, has partnered with The Open Network (TON) to issue $60 million worth of USDT on its blockchain. This move expands Tether's reach into new blockchain ecosystems and aims to enhance the accessibility and utility of its stablecoin. The partnership showcases the growing trend of stablecoin integration within the blockchain community, facilitating seamless fiat conversions and cross-border payments.
- RCB, KKR Clash at Eden Gardens Amidst Faf's Toss Grin
- Apr 22, 2024 at 05:24 pm
- In the ongoing IPL 2024, RCB, led by Faf du Plessis, faced off against KKR at the Eden Gardens. RCB emerged victorious in the toss and chose to field, sparking a humorous incident where du Plessis smiled as the camera zoomed into the coin to reveal the toss result, adding to the ongoing toss controversy stemming from a prior match between RCB and Mumbai Indians.
- Bitcoin Futures Ignite Investor Enthusiasm on B3, Brazil's Stock Exchange
- Apr 22, 2024 at 05:23 pm
- Bitcoin futures contracts made their debut on the B3, Brazil's stock exchange, witnessing high investor interest. On the launch day, 7,400 futures contracts were traded, with a peak of 111,000 buy or sell orders, demonstrating the significant demand for this new instrument. The strong investor response underscores the growing adoption of crypto derivatives in Brazil.
- Alleged MakerDAO Offloading Raises Concerns, Sparks MKR Price Drop
- Apr 22, 2024 at 05:22 pm
- In a recent development, a suspected MakerDAO multisignature wallet has transferred significant amounts of MKR tokens to exchanges, potentially leading to a decline in the MKR price. Additionally, two large holders, or "whales," have joined the selling spree, further pressuring the market. The community monitors these developments, considering the potential impact on market dynamics and the involvement of multiple stakeholders in the selling activity.
- Terra Classic's Wild Ride Continues: Volatility and Uncertainty Plague Recovery
- Apr 22, 2024 at 05:18 pm
- Terra Classic (LUNC) has experienced volatility after a recent block size proposal and volume boost, but remains far from recovering to its previous levels. Despite a surge in price, LUNC's value is still substantially lower than its 2024 prices and has declined by nearly 25% over the past 30 days. AI predictions suggest that LUNC will end its downtrend but unlikely to sustain a significant rally, with a forecasted price of $0.000110 on May 1.