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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 / 21
- BlockDAG Disrupts Crypto Market with Innovative Tech, Aggressive Growth Strategy
- Apr 21, 2024 at 11:00 pm
- BlockDAG has garnered significant attention with its innovative keynote teaser, signaling a potential shift in investor focus from established cryptocurrencies like Helium and Bitcoin. As Helium surges towards $12 and Bitcoin NFTs dominate trading volume, BlockDAG emerges as a formidable contender. Its unique DAG technology addresses scalability issues and its roadmap outlines plans to reach $600 million by 2024, making it an attractive investment opportunity with a potential 30,000x return on investment.
- Bitcoin Halving: Buying Bonanza or Market Mirage?
- Apr 21, 2024 at 11:00 pm
- In the wake of the fourth Bitcoin halving, crypto investors are anticipating its impact on Bitcoin and broader cryptocurrency markets. Crypto index fund CIO, Matt Hougan, believes the halving presents a "buy the news" opportunity due to the resulting supply crunch, citing historical price rallies following halving events. The halving has reduced block rewards for miners, potentially leading to increased scarcity and value for existing bitcoins. Despite fluctuations in the immediate aftermath of previous halvings, Bitcoin has historically experienced significant price gains within a year of these events.
- AI Investment Innovator InQubeta Shines Brightly Amidst Meme Coin Market Meltdown
- Apr 21, 2024 at 11:00 pm
- Meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) face a downturn, while Polkadot (DOT) competitor InQubeta (QUBE) emerges as a promising investment option. InQubeta fosters AI startup growth and success through a transparent and inclusive ecosystem. Its unique AI investment approach, popular NFT marketplace, and planned multichain expansion position it for future growth.
- Band Protocol: Technical Framework, Market Performance, and Price Predictions Examined
- Apr 21, 2024 at 11:00 pm
- Band Protocol's price has declined by 22% over the past 30 days, indicating a persistent bearish trend. The cryptocurrency requires buyers to move towards an upward trend, however, low trading volume poses a challenge for price sustainability. Technical indicators including MACD and RSI suggest a negative momentum, and downward price movement is anticipated.
- VVS Finance Plunges 50%, Sparking Concerns in Volatile Market
- Apr 21, 2024 at 11:00 pm
- VVS Finance's price has surged 25% in trading volume over the past day, despite dropping 50% this month. Its price chart exhibits a bullish trend with higher highs and lows. VVS has recovered from its all-time low, reaching the $0.00000600 resistance level, but has faced rejection near this hurdle. The price has fallen below the 20-day EMA but is supported by the 200-day EMA, indicating neutral momentum. The RSI is in the oversold zone.
- Bitcoin Swings Amidst Geopolitics; Halving Event Passes Quietly
- Apr 21, 2024 at 10:57 pm
- Geopolitical tensions between Iran and Israel have caused fluctuations in Bitcoin's price. Despite dropping below $60,000, it quickly recovered, indicating buyer support for $60,000 as a new support level. The Bitcoin halving event passed largely unnoticed, with the reward for mining a block dropping from 6.25 BTC to 3.125 BTC. As the market assesses the potential impact of the halving, analysts anticipate a challenging journey to new record highs, with fluctuations and resistance levels to be overcome.
- BlockDAG: Revolutionizing the Blockchain with Exponential Growth Potential
- Apr 21, 2024 at 10:56 pm
- BlockDAG, an innovative cryptocurrency utilizing Directed Acyclic Graph (DAG) technology, is making waves in the industry. With a stunning presale surge of $19 million, analysts predict a remarkable $10 valuation by 2025, surpassing contemporaries like Injective and Litecoin. BlockDAG's technological edge and robust market strategy position it as a leader in the digital currency space, attracting investors seeking substantial growth and groundbreaking advancements in the blockchain sector.
- Tether's Visionary Blueprint: Revolutionizing Digital Finance for Empowerment
- Apr 21, 2024 at 10:52 pm
- Tether, with its $107 billion market cap, solidifies its dominance in the digital finance landscape. Tether's strategic initiatives, including Tether Data, Tether Finance, and Tether Edu, aim to champion financial freedom, decentralization, and widespread adoption of digital assets. By embracing emerging technologies like AI and peer-to-peer platforms, Tether seeks to spearhead innovation and set new industry standards through open-source models.
- Bitcoin Halving Approaches: Watershed Moment for Mining
- Apr 21, 2024 at 10:51 pm
- The upcoming Bitcoin halving in 2024 is anticipated to significantly impact the mining industry. Historically, halvings have been associated with substantial price rallies for Bitcoin, which have benefited miners by offsetting the reduction in block rewards. However, analysts hold varying views on the potential impact of the upcoming halving, with some expecting a modest effect due to recent price increases, while others believe it could be more significant depending on the preparedness of mining companies.
- Bitcoin Halving Triggers Industry Shake-Up
- Apr 21, 2024 at 10:51 pm
- Bitcoin Halving Impacts Bitcoin MinersThe halving on Friday reduced bitcoin production by half. Miners have diversified by upgrading facilities and exploring new revenue streams like AI support. Some companies have invested in underlying AI infrastructure. Despite the halving's impact on miner rewards, the event historically precedes a bitcoin price surge. However, analysts and miners believe that the halving's impact will be modest due to the recent rise in bitcoin's value.
- Bitcoin Halving Event: Miners Face Challenges Amidst Industry Diversification
- Apr 21, 2024 at 10:51 pm
- The Bitcoin halving, which reduces the issuance of new Bitcoin by half, took effect Friday. Miners have prepared for this event by diversifying business models and upgrading facilities. Some firms have ventured into supporting AI infrastructure, but this transition requires distinct infrastructure and skills. Analysts expect modest impacts on miner profitability due to higher Bitcoin prices, but concerns remain about increased competition and the dominance of low-cost producers.
- Scorpion Casino Emerges as Industry Leader with Lucrative Staking System and $SCORP Token
- Apr 21, 2024 at 10:51 pm
- Scorpion Casino has emerged as a leading player in the online gaming industry. The platform differentiates itself through its unique $SCORP token and multifaceted rewards system. Players can earn daily rewards by staking $SCORP tokens, in addition to exclusive bonuses, promotions, a loyalty program, and tournaments. The innovative staking system, funded by a portion of the platform's revenue, aligns with the community's long-term engagement and ownership.
- Monopoly GO Celebrates Anniversary with Milestone Rewards and Extended Challenges
- Apr 21, 2024 at 10:48 pm
- Celebrate Monopoly GO's first anniversary with Anniversary Bash, a solo challenge where players collect minigame tokens, dice rolls, sticker packs, and cash. As players complete milestones, they unlock valuable rewards, including sticker packs to complete collections, 14,700 dice rolls, cash grabs, rent frenzy boosts, and board tokens. The event ends April 23, giving players 48 hours to maximize rewards.
- ThorChain (RUNE) Surges Over 20%, Maintains Buyer Momentum
- Apr 21, 2024 at 10:45 pm
- Amidst a significant price correction, ThorChain (RUNE) has exhibited a notable rebound, surpassing the 200-day EMA with a 20% surge this week. Buyers have accumulated and maintained momentum, driving a bullish trend in recent trading sessions. RUNE's price has found support at the $5.56 level, reflecting optimism in the market. Analysts suggest the token has the potential to extend its buying momentum further.
- Crypto Market Finds Respite as Pushd Presale Ignites Bullish Sentiment
- Apr 21, 2024 at 10:40 pm
- Amidst market volatility, Pushd's e-commerce presale has garnered attention from investors in the Fetch.ai and Arbitrum communities. With a Stage 6 price of $0.144, Pushd is seen as a promising venture, leveraging AI-driven commerce from Fetch.ai and scalability solutions from Arbitrum to enhance online transaction efficiency.
- Meme Coins Soar Despite Market Volatility, Defying the Odds
- Apr 21, 2024 at 10:37 pm
- Meme coins have outperformed the broader cryptocurrency market, with a notable surge in value over the past 24 hours. The Solana-based meme token BONK has soared by 41.8%, while FLOKI has increased by 18.7%. Despite the volatility of meme coins, they have gained popularity and investor interest due to their potential for significant returns. As of April 21, 2024, meme coins remain a dynamic and exciting segment of the cryptocurrency market.
- XRP Skyrockets: Bulls Charge in Market Rally
- Apr 21, 2024 at 10:32 pm
- XRP has surged over 1.83% in the past 24 hours, joining the broader market's bullish recovery. Over the past seven days, XRP has grown by 10.4%, trading between $0.47 and $0.5366. XRP's price has broken through its resistance zone of $0.528, indicating a bullish sentiment.
- Monero Stuck in Price Battle: Resistance and Decline Dominate
- Apr 21, 2024 at 10:32 pm
- Monero's price has been held within a narrow range of $110-$180 for an extended period. Despite defending the $100 mark for over two years, the price has recently faced significant downward pressure, encountering resistance at $180. The lower highs and lows in the price chart indicate a downtrend, with the 200-day EMA acting as a barrier to upward movement. Furthermore, decreased social media awareness and volume have contributed to the bearish sentiment, with the price currently hovering near its multi-year low of $110.
- XRP Surges with Bullish Sentiment, Signaling Confidence Amidst Crypto Market Recovery
- Apr 21, 2024 at 10:32 pm
- XRP has experienced a significant surge of 1.83% within the last 24 hours, joining the broader market's bullish recovery. This growth extends XRP's trailing seven-day increase to 10.4%, reaching a high of $0.5366. Technical indicators, including RSI and MACD, suggest a revival of bullish sentiment, with a potential target of $0.6, a significant resistance level since April 12. XRP's community support and resilience, despite the ongoing Ripple v. SEC lawsuit, contribute to its strength as a top 10 digital currency by market cap.
- Fed Rate Cut Boosts Altcoin Diversification, Borroe Finance Emerges as 'Ethereum of AI Crypto Coins'
- Apr 21, 2024 at 10:30 pm
- Borroe Finance ($ROE), a new AI altcoin, has emerged as a potential contender to Ethereum in the AI crypto market. Its innovative platform offers a decentralized fundraising marketplace for web3 businesses and creators, leveraging blockchain technology and AI for security and transparency. With an impressive presale performance and a limited supply of tokens, $ROE has garnered significant attention in the crypto community, earning the moniker "the Ethereum of AI altcoins." This surge in interest mirrors the broader trend of investors diversifying their portfolios in light of interest rate cuts by the Federal Reserve, driving up the price of Bitcoin and altcoins like Borroe Finance.