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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
- Geopolitical Tensions and Economic Jitters Shake Markets
- Apr 17, 2024 at 01:28 am
- Investors navigate market uncertainty amid geopolitical tensions, with Israel considering a response to Iran and the US exploring sanctions against Tehran. The S&P 500 remains steady, blue chips outperform, and small caps decline. Despite mixed performances and rising Treasury yields, gold exhibits strength, while oil prices soften and Bitcoin falls. Major ETFs display varied trends, with SPY and DIA holding steady, while QQQ shows strength. Sectorally, healthcare outperforms, while energy lags. Earnings reactions drive notable stock movements, including Tesla's decline and UnitedHealth's rise. However, concerns remain as the IMF raises growth projections but notes potential complications from escalating geopolitical tensions.
- Runes Protocol: Groundbreaking Innovation Redefines Tokenization on Bitcoin
- Apr 17, 2024 at 01:24 am
- The Runes protocol, developed by Casey Rodarmor, introduces a groundbreaking approach to tokenization on the Bitcoin blockchain. Aligned with Bitcoin's architecture, it enables the creation of fungible tokens ("runes") within unspent transaction outputs (UTXOs), eliminating the need for a native token or reliance on Ordinal theory. With its debut coinciding with the anticipated Bitcoin halving, Runes has garnered attention for its potential to generate transaction fee revenue, attract developers, and expand Bitcoin's user base.
- Engaged Crypto Communities: A Double-Edged Sword for Market Stability
- Apr 17, 2024 at 01:23 am
- Engaged communities in the cryptocurrency realm present both benefits and risks. Dedicated proponents like those of Kelexo (KLXO) and Solana (SOL) drive support but may introduce irrational exuberance. While Solana (SOL) faces operational challenges as the preferred platform for volatile token trading, Kaspa (KAS) fosters community involvement through events and mining incentives. Additionally, Kelexo (KLXO) offers potential for high returns with its Web3 hub ambitions, aiming to streamline crypto lending and offer various financial tools.
- ASI Alliance Unveils Landmark Merger, Launches ASI Token
- Apr 17, 2024 at 01:23 am
- The Artificial Superintelligence Alliance (ASI), comprising Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), plans to launch the much-anticipated ASI token in May. The token will merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20 cryptocurrencies with an estimated $7.5 billion market capitalization.
- Crypto Market Pulls Back Amid Iran-Israel Conflict, But Recovery Signs Emerge
- Apr 17, 2024 at 01:22 am
- Despite market declines due to Iran-Israel tensions, cryptocurrency investors can find opportunities in BRISE, BEFE, and CENX tokens. BRISE, with its 100K TPS and deflationary economics, is making waves in the layer-1 blockchain space. BEFE has provided significant returns as a non-presale, tax-free memecoin. CENX coin, the utility and governance token of the Centcex ecosystem, offers distinct returns and promising partnerships.
- Meme Cryptos' Allure: Bullish Outlook Amidst Market Volatility
- Apr 17, 2024 at 01:16 am
- Despite a recent Bitcoin pullback, the potential for meme cryptos remains bullish this April. These community-driven coins, characterized by low market caps and deflationary mechanics, offer significant upside. Three promising meme cryptos to consider are Dogeverse, Shibu Inu, and Dogelon Mars. Additionally, Slothana, a Solana-based meme coin, provides increased volatility for intraday trading opportunities. While investors should note the speculative nature of meme cryptos, a bullish crypto market outlook could fuel their growth in 2023.
- Geopolitical Jitters Rock Wall Street as Surging Bond Yields Fuel Volatility
- Apr 17, 2024 at 01:15 am
- Amidst geopolitical tensions, Wall Street recently witnessed a sharp decline, showcasing the profound impact of international events on global finance. The Dow Jones lost 0.65% and the Nasdaq Composite plunged nearly 1.79%, highlighting market sensitivity to escalating Middle Eastern hostilities between Israel and Iran, raising concerns about regional stability and global repercussions.
- Homium Unveils Real Estate Equity Platform, Tokenizing Home Price Gains on Avalanche
- Apr 17, 2024 at 01:14 am
- Homium has launched its real-estate equity mortgage lending and securitisation platform on Avalanche, with a $10 million Series A round co-led by Sorenson Impact Group and Avalanche’s Blizzard Fund. The platform connects homeowners with investors, tokenising home equity loans to provide a new asset class for institutional investors. Currently available in Colorado, Homium’s platform offers a shared appreciation home equity loan with no interest or monthly payments, and is set to expand to more states.
- Unveiling Secrets for Exceptional Returns: Long-Term Growth Strategies for 2024 Bull Market
- Apr 17, 2024 at 01:12 am
- In the midst of a bull market, discerning investors seek opportunities for exceptional growth. This article examines strategies to identify emerging trends and underrated projects that have the potential to deliver significant returns. By leveraging a long-term perspective and carefully considering market dynamics, investors can navigate the complex landscape and capture outsized gains.
- XLM, XRP Stagnate as Crypto Market Slumps in April
- Apr 17, 2024 at 01:11 am
- April trading continues to suppress Stellar (XLM) and XRP, leaving investors yearning for substantial growth. In contrast, Kelexo (KLXO) presents a compelling opportunity with its ongoing second presale stage, offering tokens at just $0.05 and promising a user-friendly peer-to-peer lending marketplace accessible to all cryptocurrency holders.
- Solana's Dip: Temporary Setback or New Trend?
- Apr 17, 2024 at 01:11 am
- Despite a recent dip, Solana (SOL) remains a top cryptocurrency to buy. Meanwhile, SEI has experienced a downward trajectory as investors seek other options. However, Milei Moneda ($MEDA), inspired by Argentinian politician Javier Milei, is emerging as a promising investment for its impressive performance and potential returns, making it one of the best cryptocurrencies to invest in now.
- Crypto Supremacy Battle: Dogecoin and Ripple Clash for Dominance
- Apr 17, 2024 at 01:10 am
- Amidst market fluctuations, Dogecoin (DOGE) eyes Ripple's (XRP) position on the crypto list, driven by bullish sentiments and a strong community. Ripple, mirroring Bitcoin's trajectory, anticipates a surge as the halving approaches. NuggetRush (NUGX) emerges as a prominent meme coin with a captivating blockchain gaming ecosystem, offering a unique blend of excitement and altruism.
- Upcoming Bitcoin Halving: Market Anticipation and Potential Impact
- Apr 17, 2024 at 01:09 am
- The upcoming Bitcoin halving event, scheduled for April 2023, is expected to follow the pattern of "buy-the-rumor, sell-the-news," according to Crypto.com CEO Kris Marszalek. Despite initial selling pressure, Marszalek believes the long-term impact of the halving will be positive on Bitcoin's price due to reduced supply and increased mining efficiency.
- Top Cryptocurrencies Captivating Savvy Investors: An Expert Analysis
- Apr 17, 2024 at 01:09 am
- In the evolving cryptocurrency landscape, astute investors have identified three prominent digital assets: Bitcoin (BTC), Ethereum (ETH), and Upro (UPR). Bitcoin, as the pioneer, maintains its supremacy due to its scarcity and hedge against inflation. Ethereum's versatility and smart contract functionality position it as a catalyst for innovation and widespread adoption. Upro, a newer entrant, impresses with its hybrid consensus mechanism, energy efficiency, and community engagement, attracting investors seeking sustainable and democratic investment opportunities.
- BlockDAG: Presale Powerhouse Poised to Eclipse Rivals, Ignite Crypto Revolution
- Apr 17, 2024 at 01:09 am
- With the 2024 crypto market poised for explosive growth, BlockDAG emerges as the frontrunner, eclipsing competitors like KangaMoon and Dogecoin20. Boasting groundbreaking potential and a meteoric rise, BlockDAG dominates the presale scene, offering unparalleled returns of up to 20,000X. While both KangaMoon and Dogecoin20 present unique propositions, BlockDAG's exceptional promise positions it as the indisputable leader. As investors eagerly anticipate the next wave of crypto investments, BlockDAG's momentum signifies its pivotal role in shaping the future of presales.
- Dogecoin20: A Revolutionary Meme Coin Set to Dominate the Crypto Market
- Apr 17, 2024 at 01:07 am
- Dogecoin20, a new ERC-20 meme coin, has concluded a successful presale that raised $10 million in a week. The token's Initial Exchange Offering (IEO) and presale claim date have been moved up to April 18th due to high demand. The token will go live on Uniswap at 10 AM UTC on that date, and presale buyers can claim their tokens simultaneously.
- BlockDAG Soars as a Crypto Frontrunner: Unlocking Unprecedented Security and Exponential Growth
- Apr 17, 2024 at 01:07 am
- BlockDAG, a novel crypto investment, has entered its 9th presale batch, garnering immense attention with its innovative security features and a staggering $17.6 million in presale revenue. This surge highlights BlockDAG's potential for long-term success in the crypto market, standing out from Ethereum Classic's stability and Fantom's resilient price movements. BlockDAG's advanced security measures, combining blockchain and DAG technologies, ensure a robust transaction environment, making it an attractive option for investors seeking promising returns.
- OKX Unveils X Layer, a Revolutionary ZK L2 Network for Web3 Connectivity
- Apr 17, 2024 at 01:07 am
- OKX has launched the mainnet of X Layer, a ZK layer 2 network, to provide EVM compatibility, high performance, and enhanced security for on-chain applications. Utilizing ZK proofs, X Layer aims to reduce costs, increase speed, and foster scalability for millions of users. The network supports popular wallets like MetaMask and OKX Wallet, and its native token, OKB, will be used for transaction fees.
- Brussels Standoff on EU Cybersecurity Label Stalls Tech Giants' Ambitions
- Apr 17, 2024 at 01:06 am
- A draft EU cybersecurity label intended to certify the security of cloud services for government and corporate contracts is postponed due to disagreements among cybersecurity experts. The label, initially proposed in 2020, has faced objections over strict requirements for Big Tech companies to qualify for the highest level of certification. The current draft removes prior requirements for data storage and processing within the EU, drawing both support from Big Tech and criticism from EU cloud vendors and businesses. The final decision on the label lies with the European Commission after receiving opinions from EU countries.