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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- Tether Expands with $60 Million USDT Issuance on TON
- Apr 22, 2024 at 11:40 am
- Tether (USDT) has issued $60 million worth of its stablecoin on The Open Network (TON) since April 19, making TON the 11th largest blockchain for Tether. The collaboration between Tether and TON enables instant and free cross-border payments for Telegram's 900 million users, leveraging TON's user-friendly interface and global reach.
- Shiba Inu Primed for Bullish Surge: Five Key Projections Post-Bitcoin Halving
- Apr 22, 2024 at 11:29 am
- This article forecasts bullish estimations for Shiba Inu (SHIB) following the recent Bitcoin halving. Predictions range from a rapid return to its 2021 peak ($0.00008845) to a significant surge towards $0.001 or even higher ($0.00014 to $0.0001553). AI-powered projections suggest that SHIB could reach $0.00005564 if Bitcoin hits $100,000 after the halving, with even more substantial gains if Bitcoin reaches $150,000 or $250,000. Furthermore, historical data indicates the potential for Shiba Inu to repeat Bitcoin's post-halving rise, possibly reaching a remarkable $0.196.
- Focus Shifts to Bitcoin Spot ETF Market in Aftermath of Bitcoin Halving
- Apr 22, 2024 at 11:25 am
- The focus shifts to the BTC-spot ETF market and its reaction to the Bitcoin Halving. Despite avoiding immediate sell-offs, BTC-spot ETF market flow data could be crucial. After net outflows of $204.3 million last week, continued outflows could lead to profit-taking. Conversely, improved demand through spot ETFs could attract investors. Monday's data will set the week's tone amid fading bets on multiple 2024 Fed rate cuts. Hawkish Fed commentary and economic indicators (PMI, GDP, Personal Income/Outlays) will influence buyer appetite. The performance of new BTC-spot ETF products, including Grayscale's mini Trust and launches in Hong Kong, will be worth monitoring.
- Bitcoin Breaks Resistance, Targets New Highs with Bullish Momentum
- Apr 22, 2024 at 11:14 am
- Bitcoin's price surged above the $64,000 resistance zone, facing hurdles near $65,500 and $66,000. Despite struggling to exceed $65,500, the price remains above $64,000 and the 100 hourly SMA. A contracting triangle formation on the hourly chart indicates the potential for a surge upon clearing the $65,500 resistance, with major resistances at $65,500 and $66,000. However, failure to surpass $65,500 could lead to a correction, with key support levels at $64,500 and $64,000.
- Bitcoin Depot Stays Afloat Amidst Crypto Surge
- Apr 22, 2024 at 11:12 am
- Bitcoin Depot, a leading Bitcoin ATM provider, reported a 6% revenue increase in 2023, despite Bitcoin's 155% value surge, indicating a disconnect between the company's financial performance and market volatility. This resilience can be attributed to Bitcoin Depot's focus on non-speculative use cases like money transfers and online purchases, as well as strategic measures to mitigate Bitcoin price fluctuations through conservative Bitcoin holdings and partnerships with top liquidity providers.
- Albi Faces Relegation Battle After Another Crushing Defeat by Rodez
- Apr 22, 2024 at 11:10 am
- Despite a strong lead in the season's head-to-head matchups with Rodez (1-9), the Isatis suffered humiliating 0-5 and 1-4 defeats on their own turf and away respectively. The one-sided match at Rodez saw the Tarn team unable to trouble their weakened opponents, leaving them with a limited but crucial destiny in their own hands.
- Bitcoin Halving: A Pivotal Catalyst for Market Transformation
- Apr 22, 2024 at 11:10 am
- Bitcoin halving, a crucial event occurring every four years, involves a 50% reduction in mining rewards, leading to a significant decrease in the supply of new bitcoins. Historically, halving events have been associated with substantial price increases in the following months and years, attracting traders and investors worldwide. The upcoming 2024 halving is anticipated to have a transformative impact on the Bitcoin ecosystem, with unique characteristics such as increased institutional involvement, proactive mining strategies, and the emergence of on-chain innovation.
- Altcoins Soar Post-Bitcoin Halving, CORE and AIOZ Lead the Surge
- Apr 22, 2024 at 11:08 am
- Despite Bitcoin's price remaining stable, altcoins have experienced notable gains over the weekend. Bonk, Core (CORE), and Aioz Network (AIOZ) have rallied significantly. CORE's introduction of non-custodial Bitcoin staking, a first of its kind, has boosted its price by 68% in the past week. AIOZ's partnership with Alibaba Cloud to enhance Web3 capabilities in the Asia-Pacific region has contributed to its 13% growth.
- Art Blocks and Bright Moments Join Forces for an Immersive NFT Metropolis Experience
- Apr 22, 2024 at 11:06 am
- Art Blocks and Bright Moments collaborate on a unique NFT project that merges digital art with real-life experiences. The generative art NFTs, inspired by five cities, will have physical counterparts mintable only in those specific locations. The partnership aims to introduce generative art to a broader audience and enhance the collector experience.
- ACN Anduze Dominates 30th Blauzac Capitelles Race
- Apr 22, 2024 at 11:05 am
- In the 30th anniversary of the Capitelles race held in Blauzac, France, Alexandre Coin of ACN Anduze triumphed in the 12 km race with a time of 51'12''. Similarly, in the 5 km race, Rafael Pérez, also from ACN Anduze, took first place, while Lilou Arbousset, another ACN Anduze runner, claimed victory in the women's category.
- Bonk's Stellar Rise Threatens Dogecoin's Meme Coin Throne
- Apr 22, 2024 at 11:03 am
- The cryptocurrency market is witnessing a significant rally, with Bonk, a meme coin, experiencing a surge in value and trading volume. Ranked #70 on CoinMarketCap, Bonk exhibits a 5.89% increase and a market cap of $1.34 billion, raising questions of potential competition with Dogecoin. Technical analysis indicates a pivot point at $0.000022, with resistance levels at $0.000025, $0.000027, and $0.000029, while support levels are set at $0.000018, $0.000015, and $0.000013. Despite an overbought RSI of 78, the 50-day EMA of $0.000017 suggests a bullish trend. Slothana ($SLOTH), a newly introduced meme coin on Solana, has raised over $10 million in its presale, offering potential investment opportunities.
- OKCoin Lands in EU, Unlocking European Crypto Gateway
- Apr 22, 2024 at 11:02 am
- Cryptocurrency exchange OKCoin has launched in the European Union (EU), enabling non-U.S. users to trade euro pairs with Bitcoin, Ethereum, and Bitcoin Cash. The exchange has also established a presence in Malta to offer compliant services under the island nation's Virtual Financial Asset Act.
- Shiba Inu Spikes in India: #BridgeToShibarium Campaign ignites Interest
- Apr 22, 2024 at 11:01 am
- Lucie, Shiba Inu's marketing chief, recently sparked a surge in interest for the SHIB cryptocurrency in India with a strategic post on X, promoting the #BridgeToShibarium trend. This movement highlights Shiba Inu's expanding influence in India's bustling crypto market.
- Shiba Inu Soars amid Market Recovery, Coin Burn, and Shibarium Developments
- Apr 22, 2024 at 11:01 am
- Amidst the crypto market's resurgence, Shiba Inu (SHIB) has exhibited an impressive 5% price surge, echoing the optimistic trend. The token's upward trajectory aligns with the broader crypto market's recovery, reinforced by SHIB's token-burning initiatives, rising derivatives volume, and Shibarium's transaction surge. These factors have boosted investor confidence, signaling potential price recovery for the self-proclaimed Dogecoin killer.
- Shiba Inu Coin Burn ignites Rally, Targeting $0.00004
- Apr 22, 2024 at 11:01 am
- Shiba Inu's price rallied by 5% after burning over 700 million coins this week. The massive burn event has sparked optimism in the market, leading analysts to forecast a potential surge to $0.00004. The burn rate has increased by 176.33%, reducing the supply and boosting demand, which has positively impacted the token's price movement.
- Whale Sell-Off Swells Shiba Inu Market, Investors on Edge
- Apr 22, 2024 at 11:01 am
- Market watchers anticipate potential tremors in Shiba Inu's price stability as a whale unloads 100 billion tokens. Meanwhile, Grayscale's cryptocurrency trust faces dwindling outflows amidst competition from lower-fee structures, prompting scrutiny of its financial strategies.
- Bitcoin ETFs Soar with $30.4 Million Inrush as Investors Bet on Halving Payouts
- Apr 22, 2024 at 11:01 am
- Bitcoin ETFs witnessed a $30.4 million inflow on April 19th, snapping a week-long outflow streak as investors anticipate the cryptocurrency's halving event and adjust portfolios strategically. This surge marks a reversal from previous outflows attributed to Grayscale Bitcoin Trust ETF (GBTC) and indicates growing investor optimism ahead of anticipated value increases. The halving event also triggered a surge in network fees, with users paying over $2.4 million in fees for limited block space in the fourth Bitcoin halving block.
- Experts Predict Trillion-Dollar Market Cap for Bitcoin as Fourth Halving Approaches
- Apr 22, 2024 at 11:01 am
- As Bitcoin's fourth halving approaches, analysts anticipate a significant surge in value, potentially reaching a staggering $35 trillion market cap. This reduction in mining rewards from 6.25 to 3.125 Bitcoin per block is poised to reshape the cryptocurrency's economics, amid growing global anticipation and mixed predictions from experts.
- Bullish Sentiment Surges as Bitcoin Prepares for 2024 Halving Event
- Apr 22, 2024 at 11:01 am
- As the 2024 Bitcoin halving event concludes, analysts predict a bullish future for BTC, projecting unprecedented price levels based on historical trends and fresh institutional interest. Despite recent declines and the slow inflow from ETFs, optimism persists, with the combination of nearly all BTC being mined, early investor via ETFs, increasing demand for inflation hedges, and increased utility cited as bullish factors.
- Binance System Upgrade to Temporarily Disrupt Trading Activities
- Apr 22, 2024 at 11:01 am
- Binance, a prominent cryptocurrency exchange, has announced a substantial system upgrade scheduled for April 23rd, potentially causing temporary disruptions to trading activities. Users holding SHIB, XRP, BTC, and other cryptocurrencies should anticipate potential service interruptions during the maintenance window, including pauses in trading, login difficulties, and new user registration limitations. Binance advises customers to prepare accordingly to minimize inconveniences during this scheduled upgrade.