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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- Animoca Brands Flexes Web3 Financial Might with $558M Digital Assets
- Apr 22, 2024 at 06:04 am
- Hong Kong-based Web3 giant Animoca Brands holds $291 million in cash and stablecoins on its balance sheet, according to its latest financial disclosures. The company's total digital asset reserves stand at $558 million, which includes an additional $266 million acquired since December 2023. Off the balance sheet, Animoca Brands' subsidiaries hold $1.8 billion in token reserves, comprising highly liquid tokens and less liquid assets.
- Bitcoin ETFs Soar as Investor Optimism Returns
- Apr 22, 2024 at 06:04 am
- Following the successful Bitcoin halving, spot Bitcoin ETFs experienced a significant surge in inflows, reaching an impressive $59.7 million on April 19th. Industry titans BlackRock and Fidelity led the charge, with their ETFs attracting substantial inflows, signaling a potential reversal of the recent market downturn and renewed investor optimism. Other Bitcoin ETFs, including ARK 21Shares Bitcoin ETF and Bitwise Bitcoin ETF, also witnessed healthy inflows, further underscoring the growing enthusiasm for cryptocurrency investments.
- Pendle Price Outlook: Neutral with Potential for 30.48% Hike
- Apr 22, 2024 at 06:03 am
- Pendle's price today is $5.90, representing a 4.36% decline against the US Dollar in the past 24 hours. In comparison to the broader crypto market, which has witnessed a slight 0.07% loss, PENDLE has performed comparatively weaker against Bitcoin and Ethereum, recording decreases of 4.30% and 4.19% respectively. Our Pendle price prediction projects an increase of 30.48% to $7.77 by April 26, 2024, indicating a potential recovery.
- Ethereum's Rise Fuels Meme Coin Frenzy: Shiba Inu and Furrever Token Surge
- Apr 22, 2024 at 06:02 am
- As Ethereum's (ETH) price surges, investors are eagerly anticipating the potential impact on meme coins like Shiba Inu (SHIB) and Furrever Token (FURR). With Ethereum's growing market dominance, both SHIB and FURR, known for their meme coin status and appeal to crypto enthusiasts, are poised to capitalize on the positive sentiment and potential spillover effects. This surge in Ethereum's momentum is expected to create attractive entry points for traders and drive further interest in meme coins within the evolving crypto landscape.
- IRS Ramps Up Crypto Surveillance, Setting Stage for Legal Clash with Variant Fund
- Apr 22, 2024 at 06:01 am
- Variant Fund's Chief Legal Officer predicts a potential lawsuit against the IRS for its focus on financial surveillance to enforce crypto tax compliance, disregarding peer-to-peer transaction technologies that enable anonymous trading. The IRS has recently intensified efforts to collect crypto tax data, mandating reporting of transactions over $10,000 from exchanges and custodians, along with personal information, raising concerns about the potential for overreach.
- 5 Resilient Cryptos for 2024: Weathering Volatility, Primed for Growth
- Apr 22, 2024 at 06:00 am
- Before the Bitcoin halving in 2024, market turmoil has shaken the confidence of many investors who have exited the market. However, amidst the recent sell-off, certain cryptocurrencies have demonstrated resilience and maintained support levels, indicating their potential for growth. This article examines the top five resilient cryptocurrencies to own in 2024, outlining their key characteristics and providing market insights.
- Terra Classic Community Set to Overhaul Network with Block Size Reduction and Gas Fee Hike
- Apr 22, 2024 at 06:00 am
- The Terra Classic community is poised to pass two proposals, reducing maximum block size to mitigate spam attacks and increasing gas fees to enhance network security. Despite the price increase, development activity and social volume have declined, indicating less market attention. However, this trend could signal a potential price surge if historical patterns persist, with dwindling interest suggesting the token may not have reached its peak yet.
- BlockDAG Presale Skyrockets, Topping Cosmos and Axelar as 2024's Top Altcoin Investment
- Apr 22, 2024 at 06:00 am
- BlockDAG's presale has generated a remarkable $19 million, surpassing Cosmos and Axelar in the altcoin sector. With its unique keynote video from the moon and 30,000x ROI forecast, BlockDAG has garnered significant investor interest and set a benchmark for altcoin presales. This article examines BlockDAG's success and compares its market position against Cosmos and Axelar, highlighting its promising potential in the cryptocurrency market.
- BlockDAG: DeFi Juggernaut Surpasses Cardano and Binance Coin in Market Dominance
- Apr 22, 2024 at 06:00 am
- BlockDAG's remarkable surge in its presale, surpassing $19 million, has garnered widespread attention in the DeFi sector. With its innovative Directed Acyclic Graph (DAG) architecture enabling rapid transaction processing and EVM compatibility, BlockDAG positions itself as a strong competitor in the market. The project's ambitious keynote video, showcasing its moon-based operations, further underscores its commitment to revolutionizing the blockchain industry.
- Solana Whales Make Unconventional Bets Amid Crypto Market Volatility
- Apr 22, 2024 at 06:00 am
- Despite the recent cryptocurrency market downturn, prominent Solana investors have strategically acquired meme-themed cryptocurrencies, demonstrating confidence in their long-term potential. Conversely, TRON has exhibited resilience amidst bearish trends, maintaining critical support levels and attracting attention from investors. BlockDAG, through its innovative mining solutions and user-friendly approach, has generated significant anticipation ahead of its presale, outperforming competitors like Solana and TRON.
- BlockDAG Shines as Cryptocurrency Presale Leader
- Apr 22, 2024 at 06:00 am
- BlockDAG, Algotech, and DeeStream emerge as frontrunners in the cryptocurrency presale market. BlockDAG stands out with a $19 million raise and a 400% coin price increase. DeeStream revolutionizes content distribution with its innovative platform and strong investor base. Algotech attracts major investors with its surging presale volume. These projects offer promising investment opportunities and significant market growth potential.
- BlockDAG: Game-Changer in Blockchain with 20,000x Investment Potential
- Apr 22, 2024 at 06:00 am
- In the realm of blockchain innovation, BlockDAG (BDAG) emerges as a formidable force with its eye-catching prospect of delivering up to a 20,000x return on investment. Amidst forecasts of a bullish trend for XEC crypto despite its slight downturn, BlockDAG is capturing attention for its transformative potential and paradigm-shifting capabilities.
- Altcoins Surge Following Bitcoin's Halving: Solana, Dogecoin, and Furrever Token Lead Recovery
- Apr 22, 2024 at 06:00 am
- The cryptocurrency market witnesses a resurgence of altcoins, including Solana (SOL) and Dogecoin (DOGE), following Bitcoin's recent halving. Amidst this positive trend, Furrever Token (FURR) stands out with a unique concept and a surge in its presale journey, surpassing $870,000. Each of these tokens exhibits unique growth narratives, reflecting the evolving dynamics within the cryptocurrency landscape.
- Eminem Celebrates 16 Years Sober, Reflecting on Journey of Recovery and Triumph
- Apr 22, 2024 at 05:54 am
- Eminem commemorated 16 years of sobriety on Instagram by sharing a commemorative coin. The rapper, who famously overcame a drug overdose in 2007, received praise from fans and industry figures in the comments, acknowledging his inspirational journey towards recovery.
- Emerging Crypto Leaders: Raboo, Solana, and Cardano Set to Shape the Market
- Apr 22, 2024 at 05:44 am
- As the crypto market fluctuates, savvy investors are strategically buying the dip in leading cryptocurrencies. Raboo, a new AI-enhanced meme coin, is poised to make waves with its innovative features and a presale price of $0.0036. Solana remains a strong contender with its high-speed blockchain capabilities, while Cardano focuses on eco-friendly and research-driven blockchain development. These platforms offer unique advantages and position themselves as potential leaders in the next big cryptowave.
- Bitcoin Transaction Costs Dive Despite Rune Token Surge, Showcasing Network Strength
- Apr 22, 2024 at 05:41 am
- Despite the recent surge in Rune token traffic, Bitcoin's transaction fees have plunged to a five-year low. Analyst Julio Moreno highlights a sharp decline in fees despite increased Rune activity on April 20th, contrasting expectations of elevated charges. Bitcoin's average transaction fees remain lower than the peaks of 2017-2018, despite the increased blockchain activity driven by Runes. This decline reflects the network's robustness and the ability to handle increased demand without significant fee increases.
- KangaMoon Soars Amid Crypto Volatility; Polkadot Poised for Exponential Growth
- Apr 22, 2024 at 05:38 am
- Amidst market corrections, savvy investors are turning their attention to promising projects like KangaMoon (KANG). With a bold vision and a projected 100x ROI, KangaMoon stands out as an exceptional opportunity. While CRYTPOWZRD predicts a bullish future for Polkadot, Stellar faces market challenges. In the wake of its $5 million presale success, KangaMoon shines as a potential gem, offering a compelling combination of SocialFi and P2E GameFi features, fostering community engagement and offering a gateway to the growing P2E game industry.
- Cryptocurrencies Primed for Post-Bitcoin Halving Surge: Expert Analysis Uncovers Top Investment Opportunities
- Apr 22, 2024 at 05:34 am
- Five cryptocurrencies are poised for gains following the 2024 Bitcoin halving event: KangaMoon (KANG), Kaspa (KAS), Sui (SUI), Cosmos (ATOM), and Optimism (OP). KangaMoon (KANG), a revolutionary meme project, has seen an influx of investors and a 290% growth. Kaspa (KAS) is bouncing back from a price dip and has positive market indicators. Sui (SUI), after a price decline, maintains support above the $1 mark and is likely to rally. Cosmos (ATOM) is a good buy at the current dip with its potential for an uptrend. Optimism (OP), holding the $2 support level, is likely to rally and should be considered for purchases.
- Solana's Anza Update: Overhauling the Network to Curb Congestion and Boost SOL
- Apr 22, 2024 at 05:31 am
- Solana challenges Ethereum's dominance with its high demand and fast speed, but faces congestion and outage issues that have resulted in market volatility. The recent Anza network update aims to address these concerns, offering hope for a price rebound. Despite Solana's ongoing network struggles, emerging projects like DTX Exchange are attracting investor attention with innovative features, high leverage, and strong presale demand.