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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
- DeeStream: Crypto Streaming Revolution Poised for 100x Surge, Taps into Algorand and Ethereum Growth
- Apr 23, 2024 at 03:11 pm
- As the crypto market navigates volatility, DeeStream emerges as a game changer in the streaming industry, attracting investors seeking diversification. Algorand and Ethereum holders anticipate substantial returns from DeeStream's presale, with Algorand poised for potential growth to $0.5 by 2024. Ethereum remains stable around $3,000, following broader financial market trends.
- Digital Assets Surge Amidst Market Volatility: Bitcoin and Cryptocurrencies Captivate Investors
- Apr 23, 2024 at 03:11 pm
- This article provides a comprehensive overview of financial market news, including market movements for Sensex and Nifty, the latest stock market tips, expert financial advice, and stock alerts. The Economic Times Market news, including daily updates and live business information, is now available on Telegram, the Economic Times Mobile App, and ETMarkets.com.
- Crypto Market Mixed: Bitcoin Soars Above $66,000 Amidst Altcoin Rollercoaster
- Apr 23, 2024 at 03:09 pm
- The cryptocurrency market displayed mixed performance on April 23, with Bitcoin (BTC) breaking the $66,000 mark. While Ethereum (ETH) and Cardano (ADA) experienced minor declines, other altcoins such as XRP and Solana (SOL) exhibited notable recoveries. Runes tokens, newly listed on exchanges, have garnered attention among investors and traders.
- Crypto Dip Leads Investors to Diversify Amidst DOT and TRX Declines, with Kelexo Emerging as Potential Safe Haven
- Apr 23, 2024 at 03:08 pm
- Amidst the crypto market's recent decline, Polkadot (DOT) and TRON (TRX) investors are exploring alternative options. Enter Kelexo (KLXO), a promising e-commerce platform that has attracted Polkadot and TRON holders due to its innovative lending services. With its user-centric approach, zero-cost swap service, and direct debit card connection, Kelexo offers a compelling opportunity for investors seeking to diversify their portfolios and potentially offset the current market dip.
- Pepe Coin Soars as Coinbase Futures Launch Nears
- Apr 23, 2024 at 03:08 pm
- Pepe Coin (PEPE), a Solana meme coin, experienced a surge of almost 5% today, preceding its perpetual futures listing on Coinbase International Exchange on Tuesday, April 23 at 9:30 a.m. UTC. Despite an initial delay from its planned April 18 listing, the announcement has boosted PEPE's value and open interest.
- Ethena Labs: Yield-Chasing Stablecoin Raises Risk Concerns Echoing Terra Collapse
- Apr 23, 2024 at 03:05 pm
- Ethena Labs, a DeFi project featuring the USDe stablecoin, has attracted attention despite skepticism about its long-term sustainability. Its yield-generating model involves holding short positions and staking, but these strategies pose significant risks. Short position risk arises from potential negative funding rates, which are covered by a reserve fund that may be insufficient during severe downturns. Collateral depegging risk is also present due to the use of Ethereum's liquid staking token, stETH, which may experience depegging events or liquidity issues. These risks warrant close monitoring by USDe users and investors.
- Raboo Emerges as AI Crypto Contender Alongside Render and The Graph
- Apr 23, 2024 at 03:05 pm
- As crypto volatility intensifies, investors seek the fastest-growing crypto projects post-Bitcoin halving. Raboo, an AI meme coin, emerges as a promising contender in the presale phase, with analysts predicting a 233% growth and a 100x return at launch day. Its unique blend of SocialFi and AI technology positions it as a frontrunner in the burgeoning AI crypto niche, capturing attention from investors looking to diversify their portfolios and maximize returns.
- XRP Surges Amid Market Turmoil, Poised for Bullish Breakout
- Apr 23, 2024 at 03:04 pm
- XRP is trading above $0.500, recovering from losses and forming a contracting triangle with resistance at $0.6150 on the weekly chart. A breakout above $0.580 and $0.6150 could lead to a surge towards $0.740 or $1.00. However, a failure to clear these levels could result in a decline towards the triangle support at $0.4150 or even lower to $0.350. Watch for key resistance and support levels as the bulls and bears battle for control.
- Bitcoin Soars: Expert Predicts $169,500 Target Post-Halving
- Apr 23, 2024 at 03:04 pm
- Popular trader Dave the Wave forecasts a Bitcoin target of $169,500 in Q4 2024, based on diminishing returns following historical bull markets and using the logarithmic growth curve model. Despite Bitcoin's recent all-time high, Dave the Wave sees the halving as a midpoint and predicts a parabolic increase towards the peak of his model.
- Koala Coin Soars in Presale as Bitcoin Cash and Injective Protocol Shine
- Apr 23, 2024 at 03:04 pm
- Koala Coin, Bitcoin Cash, and Injective Protocol showcase impressive performances in the cryptocurrency market. Koala Coin, with its unique blend of humor and finance, progresses through presale, while Bitcoin Cash prioritizes efficiency and Injective Protocol drives decentralization. Despite market volatility, these cryptocurrencies demonstrate growth potential and embody the dynamic nature of the digital currency landscape.
- Millions of Crypto Dollars Remain Unclaimed on Bridges, Forgotten by Owners
- Apr 23, 2024 at 03:03 pm
- Crypto analytics firm Arkham Intelligence has identified numerous cases of crypto tokens worth millions of dollars languishing in bridge contracts, forgotten by their owners. These include accounts linked to DeFi and NFT players, as well as a connection to Ethereum co-founder Vitalik Buterin. Notable incidents involve a wallet with $800,000 stuck in Arbitrum's native bridge for nearly two years and another containing 27 wrapped bitcoin ($1.8 million) unclaimed for over two years. Arkham attributed the issue to the manual claiming process on native bridges, which can lead to users unintentionally neglecting their funds.
- Bull Market Fuels Rise of Centralized Exchange Tokens
- Apr 23, 2024 at 03:03 pm
- Amidst the crypto market boom, CEX tokens have emerged as key players, offering a combination of stability, appreciation potential, and unique benefits. With Bitcoin breaking $70,000, retail and institutional interest in crypto assets is intensifying, leading to fierce competition among top CEX tokens. This article analyzes the value and potential of CEX tokens, highlighting the strong performance of second-tier exchanges like Bitget and BitMart. These tokens have not only experienced significant price gains but also provide holders with added value through innovative features and ecosystem empowerment.
- Unveiling the Allure and Perils of the Intriguing Altcoin World
- Apr 23, 2024 at 03:02 pm
- Investing in altcoins, cryptocurrencies beyond Bitcoin, has gained traction due to their diversification potential, technological innovations, and accessibility. However, it also presents challenges such as volatility, security risks, and regulatory uncertainties. This article explores the advantages, investment strategies, associated risks, and ultimately evaluates the relevance of investing in altcoins.
- Navigating the Altcoin Maze: A Comprehensive Guide for Investors
- Apr 23, 2024 at 03:02 pm
- The surge in altcoins marks a transformative shift in the cryptocurrency landscape. Their growing popularity presents investors with unique opportunities and challenges. Market volatility, security concerns, and regulatory uncertainties raise questions about how best to safeguard and manage investments. To navigate these challenges, investors need a comprehensive understanding of altcoin risks and practical solutions to secure their digital assets. This article explores the risks associated with altcoins, provides practical security solutions, and offers best practices for safe investment, empowering investors to make informed decisions and maximize their returns.
- Ripple Challenges SEC's Remedies, Opposes $876 Million Disgorgement and $198 Million Penalty
- Apr 23, 2024 at 03:01 pm
- Ripple Labs has filed an opposition to the SEC's request for $876 million in disgorgement and $198 million in prejudgment interest, denying the allegations. Ripple proposes a $10 million civil penalty and argues that the SEC failed to establish likelihood of future violations or reckless disregard for the law, that disgorgement is barred by Govil, and that the civil penalty should be limited to $10 million based on precedents in similar cases.
- Patient Capital's Equity Strategy Outperforms Amid Market Volatility
- Apr 23, 2024 at 03:01 pm
- Patient Capital Management's "Patient Capital Opportunity Equity Strategy" returned 11.8% in Q1 2024, outperforming the S&P 500 (10.6%). Coinbase Global (COIN) contributed to the outperformance, benefiting from the approval of Bitcoin ETFs. Despite a recent 1-month return of -19.25%, COIN's shares have gained 312.53% over the past year due to its strong position in the crypto ecosystem and long-term growth potential in the crypto market.
- US Crypto Investors Eye Stellar Rallies in 2024 as Bitcoin Halving Nears
- Apr 23, 2024 at 03:00 pm
- The cryptocurrency market is anticipated to witness a surge in 2024, particularly with the Bitcoin halving year. Among the top crypto tokens to explode in this period are Gala (GALA), Injective (INJ), and KangaMoon (KANG). KangaMoon, a Play2Earn ecosystem, offers unique use cases and has garnered momentum in its presale, providing a 10% bonus for new investors. Injective, aiming to provide DeFi infrastructures, exhibits a potential for resurgence after a market retracement. Gala, with its recent 7% gains, is also expected to make a comeback due to the growing interest in game tokens.
- 5 Tokens Primed for a Resurgence as the Crypto Bull Market Returns
- Apr 23, 2024 at 03:00 pm
- Analysts have identified five tokens poised for a substantial surge during the upcoming bull run based on their pre-dip performances and potential for immediate bullish trends: Wormhole (W), Sei (SEI), VeChain (VET), SingularityNET (AGIX), and KangaMoon (KANG). Notably, KangaMoon stands out as a prime investment with a potential ROI of 1000% in the near future. Let's explore these tokens and understand why they may be suitable additions to your portfolio.
- WEEX Exchange Revamps Ecosystem with Launch of WXT Token: Empowering Community
- Apr 23, 2024 at 03:00 pm
- WEEX Exchange unveils its WXT Token, designed to enhance the ecosystem and reward community engagement. WXT offers exclusive benefits to users, including fee discounts, referral bonuses, profit-sharing, and interest rewards. This dynamic incentive mechanism aims to foster user participation and platform adoption. The presale, affiliate program, transaction mining, and WEEX event participation provide opportunities to acquire WXT, with the token's distribution and release schedule strategically planned to support the ecosystem's growth.