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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 / 23
- Bitcoin Embarks on Bullish Journey Post-Halving
- Apr 23, 2024 at 11:19 am
- Post-Bitcoin halving, the price has witnessed a significant upswing and is currently consolidating within a narrow range. Experts believe this accumulation may continue, suggesting the price is poised for a major bull run in the long term. Recent surges have pushed Bitcoin into a post-halving re-accumulation phase, often indicative of bullish sentiment.
- Ethereum Primed for Bullish Surge, Eyes Resistance at $3,220
- Apr 23, 2024 at 11:18 am
- Ethereum's price action suggests a potential upside break above the $3,220 resistance against the US Dollar. This move follows a breakout above a bearish trend line and the $3,100 level, supported by favorable technical indicators. If Ethereum can maintain its position above $3,000, it could witness further gains, targeting resistance levels at $3,300 and $3,400.
- DePIN Tokens Surge: Akash Network (AKT) and Zebec Network (ZBC) Post Massive Gains
- Apr 23, 2024 at 11:16 am
- Amidst the stagnation of Bitcoin and Ethereum, decentralized physical infrastructure network tokens have surged, with Akash Network (AKT) and Zebec Network (ZBC) posting gains of 52.4% and 38.5%, respectively. This surge coincides with UpBit's support for AKT and Zebec's integration into the Circle ecosystem, which enables seamless real-world payments using USDC.
- NNPC Gas Infrastructure Company Inaugurates Lock-Up Shops, Underscoring Community Development Commitment
- Apr 23, 2024 at 11:10 am
- The NNPC-Gas Infrastructure Company Limited (NGIC) has donated two blocks of 20 lock-up shops to the Ugbokodo community in Delta State, Nigeria. The donation is part of NGIC's corporate social responsibility (CSR) initiatives and aims to foster a positive relationship with its host communities. NGIC's Managing Director, Seyi Omotowa, emphasizes the company's commitment to sustainable development and the well-being of its host communities.
- Lislois Rugby Triumphs Over Bedarieux in Régionale 2 Réserves Quarterfinal Clash
- Apr 23, 2024 at 11:10 am
- In a hard-fought match, the ASL rugby reserve team emerged victorious over Club Athletique Bedarieux Grand Orb Rugby in the Régionale 2 quarter-finals. Despite an early try for Bedarieux, Lisle rallied, scoring three tries in the second half to secure a 35-17 victory. The team will now face Saint-Jory/Bruguières in the semifinals, with the location and time to be determined.
- PayPal Unveils "Green Mining" Plan to Advance Bitcoin's Clean Energy Future
- Apr 23, 2024 at 11:09 am
- PayPal's Blockchain Research Group proposes a solution to promote sustainable Bitcoin mining through cryptoeconomic incentives and validation platforms. By identifying and rewarding "green miners" who prioritize low-carbon energy sources, the initiative aims to accelerate the clean energy transition for Bitcoin mining.
- Crypto Market to Surge Massively Despite Downturns, Predict Glassnode Cofounders
- Apr 23, 2024 at 11:08 am
- Glassnode Cofounders predict substantial growth for the crypto market, excluding the top 10 cryptocurrencies ("OTHERS"), despite recent corrections. Their analysis indicates a strong uptrend in "OTHERS" with potential for a 350% increase from current levels. This bullish sentiment aligns with the overall market recovery, with major cryptocurrencies like Bitcoin and Ethereum showing gains. Notably, Bitcoin has faced criticism for high transaction fees, but its average fee has recently decreased, while analysts predict a surge in its price post-Halving.
- Solana Meme Coins Challenge Shiba Inu and DogWifHat Amidst Memecoin Surge
- Apr 23, 2024 at 11:07 am
- Solana's new memecoins, SOLSHIB and BTCROB, are generating remarkable returns for early investors, eclipsing larger memecoins like Shiba Inu (SHIB) and DogWifHat (WIF). With potential gains of over 7,000% predicted in the coming days, these tokens offer lucrative opportunities for those willing to invest.
- Bitcoin Soars Above $66,000, Eyes Further Gains
- Apr 23, 2024 at 11:07 am
- Bitcoin's recent surge extended beyond the $66,000 resistance, reaching a new weekly high of $67,200. Despite a retracement towards the $65,500 support, positive sentiment prevails, indicating possible bids near this level. The formation of a bullish trend line at $65,700 supports the bullish outlook, while resistance lies at $67,000, $67,200, and $68,500. However, a downside correction may occur if resistance at $67,000 holds, with support levels at $66,500, $65,700, and $65,000.
- Gold vs. Bitcoin: Seismic Shift as Digital Asset Claims Safe Haven Throne
- Apr 23, 2024 at 11:07 am
- In the ongoing debate between gold and Bitcoin as stores of value, on-chain analyst Willy Woo believes Bitcoin holds a significant advantage. As advancements erode gold's scarcity narrative, Bitcoin's finite supply and diminishing miner rewards through Halving events enhance its scarcity. Woo argues that the influx of new gold supply will challenge its status as a safe-haven asset, while Bitcoin's transparent and predetermined issuance schedule positions it as a viable digital gold.
- JasmyCoin Soars Following Bitcoin Halving, Market Optimism Fueling Rise
- Apr 23, 2024 at 11:06 am
- JasmyCoin (JASMY) has surged over 275% in recent days, buoyed by the Bitcoin halving event and a broader rally in cryptocurrencies and US stocks. The token's rebound aligns with the increasing "greed" sentiment among investors, as indicated by the crypto fear and greed index. While there is no specific Jasmy-related news driving the rally, its performance remains contingent on the movements of Bitcoin and other cryptocurrencies, as well as the upcoming Fed meeting and economic data releases.
- Scallop Secures Investment from DWF Labs to Fuel Ecosystem Growth
- Apr 23, 2024 at 11:06 am
- Scallop, a leading lending project on the Sui blockchain, has secured a strategic investment from DWF Labs, a prominent cryptocurrency investment and trading fund. Through this partnership, DWF Labs will serve as a primary liquidity provider for Scallop on major centralized exchanges and facilitate over-the-counter trading, ensuring liquidity for the SCA token across all trading platforms.
- Bitcoin Supply Crisis Imminent as Halving Looms, Exchange Reserves Crater
- Apr 23, 2024 at 11:04 am
- Bybit's latest report indicates that the current supply dynamics of Bitcoin suggest only nine months of supply remain on exchanges, attributed to the upcoming halving event. Post-halving, the supply squeeze is projected to intensify, with institutional investors actively positioned for this scarcity, recognizing Bitcoin's status as a scarce digital asset akin to digital gold.
- Bitcoin Fees Surge: Boon or Bane for Cryptocurrency's Future?
- Apr 23, 2024 at 11:03 am
- Despite the high $128 cost to send Bitcoin, it serves as an indicator of its success. However, this high fee can deter usage and future adoption, similar to a restaurant's crowdedness indicating success but also contributing to a negative customer experience. In analyzing Bitcoin's demand side, investors should consider US economic indicators, such as the US Services PMI on Tuesday, which may influence buyer appetite and riskier asset preferences in response to the Fed's potential rate path.
- Bitcoin Halving Sparks In-Depth Discussions, Industry Leaders Weigh In
- Apr 23, 2024 at 11:02 am
- As Bitcoin underwent its fourth halving event, crypto experts at Token2049 shared their perspectives on its implications. While some, like Avalanche founder Emin Gün Sirer, criticized the discrete nature of the halving and its potential impact on network security, Tether CEO Paolo Ardoino emphasized the significance of halving as an iconic event that may not immediately affect the Bitcoin price. TON Foundation executive Justin Hyun highlighted the halving as a validation of the code-driven structure in crypto, attracting interest in alternative networks and their interactions with code and users.
- Shiba Inu Grabs $12M to Fuel Private Blockchain Expansion
- Apr 23, 2024 at 11:01 am
- Shiba Inu has secured a $12 million funding round for its upcoming privacy-focused Layer-3 blockchain, led by notable crypto investors and venture capital firms. The funds will be allocated towards the development of Shiba's new blockchain, ensuring the security and compliance of the Shibarium platform, and the introduction of the TREAT token and the Shi stablecoin.
- BlockDAG: Crypto Mining Revolution With 20,000% Potential
- Apr 23, 2024 at 11:00 am
- BlockDAG, a groundbreaking crypto-mining enterprise, has introduced its groundbreaking ASIC miners, pioneering a paradigm shift in the industry. This technological innovation unlocks a world of opportunities for cryptocurrency enthusiasts to engage in lucrative mining ventures, eclipsing competitors like Book of Meme (BOME) and Clearpool (CPOOL). Beyond mere mining, BlockDAG offers an investment in blockchain's future, showcasing its prowess as a trailblazer in driving efficiency and profitability.
- Beam (BEAM): Revolutionizing Gaming with Blockchain Integration
- Apr 23, 2024 at 11:00 am
- Beam (BEAM), the native token of the Merit Circle DAO, is now listed on INDODAX on the ERC-20 network. As a gaming network powered by blockchain technology, Beam provides true ownership over in-game assets, supports decentralized gaming through a DAO model, and serves as a medium of exchange within the Merit Circle ecosystem.
- Bitcoin Surges: Gold's Safe-Haven Status Eroded by Scarcity Narrative
- Apr 23, 2024 at 11:00 am
- In a battle between gold and Bitcoin, on-chain analyst Willy Woo suggests that Bitcoin is emerging as a superior store of value. While gold's scarcity has diminished due to increased mining, Bitcoin's supply is decreasing through Halving events. Woo believes that gold's oversupply in the future will challenge its safe-haven status, while Bitcoin's transparency and predetermined issuance schedule make it a more reliable asset. As the market prepares for another leg up, Bitcoin is expected to experience a mega rally, exceeding its previous all-time high.
- Midas Secures Multi-Million Dollar Funding, Expands Investment Horizons
- Apr 23, 2024 at 11:00 am
- Turkish retail investing startup Midas has secured $45 million in Series A funding, marking the largest ever for a Turkish fintech company. The funds will be used to expand Midas' offerings to include cryptocurrency trading, mutual funds, and savings accounts, and to expand beyond Turkey into other emerging markets.