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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 / 17- Bitcoin Price Pressured by Miner Sales, Market Trends Sideways
- Apr 17, 2024 at 10:20 pm
- Despite a promising dip below $61,000, Bitcoin's downward trend persists due to potential selling pressure from miners. The market remains uncertain, potentially moving sideways as traders navigate misleading signals. Key resistance levels need to be surpassed to indicate an end to the correction phase, while Ethereum and Helium face volatility around $3,000 and $4.25, respectively. Aerodrome and Pups Ordinals exhibit bearish momentum but maintain channel structures, suggesting potential for recovery.
- Sui Teams Up with BytePlus for AI-Powered Web3 Gaming
- Apr 17, 2024 at 10:20 pm
- Sui Blockchain Partners with BytePlus for AI-Driven Web3 Gaming Initiatives. Together with BytePlus, a subsidiary of ByteDance, Sui aims to leverage AI for data warehousing, recommendation algorithms, and visual algorithms tailored to enhance user experiences in Web3 gaming platforms and socialFi projects.
- Ethereum Whale Loses Millions in Risky Leverage Trades as Market Swings
- Apr 17, 2024 at 10:18 pm
- A major Ethereum investor reportedly lost over $4.5 million in failed leverage attempts and sold $33 million worth of ETH to settle the debt. Other whales, however, are accumulating Ethereum, with one withdrawing $31.5 million and staking it in DeFi projects, and another withdrawing $48.2 million from exchanges.
- Senate Banking Committee Chair Unveils Strategy for Stablecoin Bill: Strategic Merger
- Apr 17, 2024 at 10:16 pm
- The chair of the Senate Banking Committee, Sherrod Brown, plans to advance a comprehensive stablecoin bill by merging it with legislation related to marijuana businesses and executive compensation. Brown intends to leverage his support for stablecoin regulation in exchange for addressing his concerns. This strategy aims to increase the chances of passing a stablecoin bill, which has faced stagnation in the House of Representatives since July 2023. The move comes amidst bipartisan efforts to establish a regulatory framework for stablecoins, with concerns raised by lawmakers on both sides of the aisle.
- Bitcoin ETFs See Net Outflows Amid Mixed Industry Sentiment
- Apr 17, 2024 at 10:16 pm
- On Tuesday, Spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $58.03 million, with Grayscale Bitcoin Trust (GBTC) accounting for $79.38 million of the withdrawals. Despite this, BlackRock's iShares Bitcoin Trust (IBIT) saw net inflows of approximately $25.78 million, indicating varied investor sentiment within the crypto ETF market. However, Bloomberg analyst James Seffart highlights that zero flows are common in the ETF market, with the majority of ETFs reporting a flow of zero on any given day.
- Cryptocurrency Exchange VALR Launches Grand Slam Trading Competition with a Whopping $60 Million Prize Pool
- Apr 17, 2024 at 10:15 pm
- VALR, a crypto exchange backed by Pantera, has announced the launch of "Grand Slam of Trading Competitions," a 12-month Futures trading incentive program with a prize pool of over 60 million USDT, the world's largest in its category. Aiming to attract both professional and retail traders, the program offers monthly prizes ranging from 30,000 to 5 million USDT based on trading volume, along with additional tiered prizes in monthly competitions.
- Gujarat Titans and Delhi Capitals Collide in Midseason Maelstrom
- Apr 17, 2024 at 10:12 pm
- Amidst challenging positions, Gujarat Titans and Delhi Capitals clash at the Narendra Modi Stadium, each seeking momentum after recent victories. However, DC's title hopes face a setback with the absence of David Warner due to a swollen finger, while GT aims to climb the rankings with a victory.
- Mega Dice Unveils DICE Token: A Seismic Shift for Crypto Gambling
- Apr 17, 2024 at 10:11 pm
- Mega Dice casino's DICE token has surged in popularity, raising over $300,000 in its presale. As the native token of Mega Dice, one of the fastest-growing crypto gambling platforms, DICE rewards players with daily revenue-based earnings. Its innovative GambleFi concept, offering airdrops worth over $2.2 million, has attracted investors excited about its potential to revolutionize the crypto gambling space.
- Polkadot: A Cryptocurrency with Significant Upside Potential in the Web3 Era
- Apr 17, 2024 at 10:11 pm
- Despite its volatility and competition, Polkadot (DOT) presents significant promise due to its role in facilitating the Web3 revolution, its innovative multi-chain platform technology, and its generous staking rewards. These green flags suggest Polkadot's potential for long-term success as the infrastructure for decentralized applications, services, and institutions in the evolving internet landscape.
- Sotheby's Inaugural Bitcoin Ordinals Auction Wraps Up, Draws Strong Interest
- Apr 17, 2024 at 10:09 pm
- Sotheby's concluded its inaugural Bitcoin Ordinals online auction, showcasing four collections from the renowned Ordinals Maxi Biz (OMB) series. Despite falling short of estimated prices, the auction garnered global interest, with the Red, Blue, Green, and Orange Eye OMB Set fetching $441,000, Artist's Journal $75,600, This is Me $126,000, and Recording in Progress $88,200, totaling $730,800.
- How to Get Free Bitcoin Unlimited (BTCU) Airdrops: A Step-by-Step Guide
- Apr 17, 2024 at 10:09 pm
- Bitcoin Unlimited ($BTCU) airdrops offer a unique opportunity to acquire free crypto assets. This beginner's guide provides a step-by-step process to claim $BTCU airdrops using DappRadar, ensuring a secure and successful experience. By exploring airdrops, following instructions, and engaging with crypto communities, you can maximize your chances of earning free tokens and potentially expanding your crypto portfolio.
- ONDO Token Surges as Investors Seek Alternatives in Bearish Crypto Market
- Apr 17, 2024 at 10:09 pm
- Ondo Finance (ONDO), a high-performing cryptocurrency, has surged by 90% in the past month, contrasting the bearish market conditions. Currently ranked 73rd with a market cap of $1.16 billion, ONDO exhibits strong trading activity with a 1.52% price increase in the last 24 hours. Despite its recent dip from its all-time high on March 31st, ONDO's price analysis indicates a neutral RSI and bullish MACD, suggesting continued investor interest.
- Maximize Your $SCCP Airdrop Earnings: A Comprehensive Guide for S.C. Corinthians Fans
- Apr 17, 2024 at 10:08 pm
- Embark on a Comprehensive Guide to Maximizing S.C. Corinthians Fan Token (SCCP) Airdrop Earnings: Discover how to claim the big airdrop on DappRadar, maximize earnings through multiple platforms, stay informed, engage with the community, and secure your wallet for optimal returns.
- Powercat in a Dog's World ($MEW) Staking: A Guide to Maximize Passive Earnings
- Apr 17, 2024 at 10:07 pm
- Passive Income through Staking Power cat in a dogs world (MEW): DappRadar, Coinbase, and Binance.US emerge as the leading platforms for staking MEW to enhance returns. DappRadar prioritizes security and regulations, Coinbase offers a user-friendly interface and supports multiple cryptocurrencies, while Binance.US stands out with its high liquidity and trading volume. Understanding each platform's offerings and aligning them with investment goals and risk appetite is crucial for maximizing staking rewards.
- Claim Terra Classic (LUNC) Airdrop via DappRadar: A Comprehensive Guide
- Apr 17, 2024 at 10:07 pm
- Terra Classic $LUNC airdrops are gaining popularity, offering opportunities to acquire free tokens. DappRadar simplifies the claiming process, providing access to airdrop information and analytics. By leveraging DappRadar, users can optimize their participation in airdrop campaigns, enhancing their discovery, tracking, and claiming capabilities.
- Free Celo $CELO Airdrops: Unlock the Crypto Treasure Trove
- Apr 17, 2024 at 10:07 pm
- Embark on a Cryptocurrency Journey with Free Celo $CELO Airdrops: Discover the secrets of claiming valuable tokens effortlessly using DappRadar. Get ready to expand your digital assets without financial investments by learning the steps to participate in ongoing airdrops, the benefits of holding Celo $CELO tokens, and best practices for maximizing your rewards.
- Bitcoin Halving: Winners and Losers Emerge in Crypto Shakeup
- Apr 17, 2024 at 10:07 pm
- Approaching Bitcoin halving will cut block rewards by half, impacting market participants. Miners and rival cryptocurrencies face losses, while early investors, exchanges, ETFs, and Michael Saylor stand to benefit. Analysts speculate on Bitcoin's price trajectory post-halving, predicting both gains and declines.
- Aark Raises Seed Funding to Revolutionize DeFi with 1000x Perpetual DEX
- Apr 17, 2024 at 10:06 pm
- Aark, a groundbreaking 1000x perpetual DEX, has secured significant funding in its Seed Round from industry leaders such as HashKey Capital, Arrington Capital, and Cypher Capital. Aiming to revolutionize DeFi with its unique LRT-based liquidity model, Aark plans to bolster scalability and target the $10 billion TVL market, enabling high-leverage trading up to 1000x for long-tail assets. With this investment, Aark will expand its team to drive innovation and propel the on-chain derivatives industry to new heights.
- FTX Europe License Suspension Extended Amidst Post-Collapse Developments
- Apr 17, 2024 at 10:06 pm
- In the aftermath of FTX's collapse, Cyprus' Securities and Exchange Commission (CySEC) has extended the suspension of FTX Europe's license until September 2024. The suspension prohibits FTX Europe from providing investment services, engaging in business transactions, and accepting new clients. CySEC has mandated FTX Europe to complete client transactions, return funds and financial instruments, and comply with relevant provisions of Cyprus' Investment Services and Activities and Regulated Markets Law.
- Canadian Regulators Introduce Comprehensive Regulatory Framework for Crypto Service Providers
- Apr 17, 2024 at 10:05 pm
- Canada's government is introducing stricter financial regulations for cryptocurrency service providers, requiring mandatory reporting of transaction values, customer details, and compliance with the Crypto-Asset Reporting Framework (CARF). This move is part of the 2024 federal budget, with the new rules aimed at preventing money laundering and terrorist financing. The government has allocated CA$51.6 million to the Canada Revenue Agency (CRA) for implementing the new reporting system, which will take effect in 2026.