|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 / 11
- Bitcoin Halving Ignites Surge, Ethereum Poised for Triumph
- Apr 11, 2024 at 09:06 am
- Amidst Bitcoin halving hype, crypto community members are buzzing with predictions. Greg Magadini believes Ethereum holds potential for higher returns despite the halving narrative, citing lower spot ETF approval odds and the SEC's investigation dampening ETH sentiment. Google Trends data shows peak popularity for Bitcoin halving searches, with the Netherlands leading interest.
- Tomo Secures Seed Funding from Polychain Capital, Pioneering Multi-Chain Web3 Social Wallet
- Apr 11, 2024 at 09:06 am
- Tomo, a comprehensive Web3 social app, has closed its Seed round fundraising, with Polychain Capital leading the investment. Tomo's emphasis on integrating financial incentives into social media via blockchain presents an evolved social experience with unique offerings like Tomoji, the first-of-its-kind ERC-404 Launchpad on Base, and the multifunctional social wallet, TomoID.
- Bitgert: A Crypto Revolutionary Igniting Innovation and Progress
- Apr 11, 2024 at 09:05 am
- Bitgert presents investors with a promising opportunity for portfolio growth. Its recent upgrades, including the Bitgert Startup Studio, a platform supporting developers, set the stage for a potential bull run. Additionally, Bitgert stands out with its innovative features: rapid transaction speeds, minimal gas fees, and a consistent burning mechanism that ensures value appreciation. By leveraging these approaches, Bitgert aims to drive adoption and bolster demand for its BRISE coin.
- Bitcoin's Fate Uncertain as Consumers Express Doubts
- Apr 11, 2024 at 09:04 am
- Deutsche Bank conducted a survey revealing that nearly one-third of global consumers anticipate Bitcoin's value to fall below $20,000 in 2024, indicating pessimism about the cryptocurrency's short-term prospects. In contrast, only 10% anticipate a rise above $75,000, while 38% speculate a decline or disappearance of Bitcoin in the upcoming years. Despite optimistic analysts predicting a surge past $100,000, the survey highlights a divide in consumer sentiment towards Bitcoin's future value.
- Memecoin Craze Spurs Surge in DinoCat and Furrari as Funds Flow
- Apr 11, 2024 at 09:04 am
- Amidst stagnant gains in Book of Meme (BOME) and Shiba Inu (SHIB), new cat-themed memecoins, DinoCat (RAWR) and Furrari (FURRARI), emerge as lucrative opportunities for investors cashing out profits. With market capitalizations of only $9,000 and $14,000 respectively, these tokens offer immense potential for explosive growth given their low market caps.
- Whales Driving Market: Altcoins Pendle, Maker, and Fren Pet Surge on Investor Interest
- Apr 11, 2024 at 09:02 am
- Whale accumulation remains a key indicator for predicting market trends. Despite the recent market selloff, whales have been accumulating specific altcoins, signaling potential market opportunities. Three altcoins currently attracting significant whale interest are Pendle (PENDLE), Maker (MKR), and Fren Pet (FP).
- Mantle Network and Fingerlabs Team Up to Revolutionize Web 3.0 Content Distribution
- Apr 11, 2024 at 09:02 am
- Fingerlabs, a KOSDAQ-listed firm, has partnered with blockchain network Mantle to enhance the global distribution of K-Culture content. Fingerlabs, the first South Korean company to receive investment from Mantle's EcoFund, will leverage its platform Xclusive to innovate the content distribution landscape, prioritizing creator and consumer rights through Web 3.0 technology.
- US Crypto Battle: Clash of Titans as Policymakers and Advocates Lock Horns
- Apr 11, 2024 at 09:01 am
- Policymakers and crypto advocates continue to debate the intricacies of regulating the cryptocurrency industry. Senator Elizabeth Warren's recent push for tighter crypto regulation highlights the complexities of blockchain technology, eliciting responses from proponents like John Deaton. Deaton questions Warren's understanding of blockchain, arguing for tailored regulations that address each blockchain's unique characteristics and balance innovation with risk mitigation.
- Bitcoin Enters Euphoric Phase, Mirroring Bullish Trajectory from Previous Cycle
- Apr 11, 2024 at 09:00 am
- Bitcoin has been in a prolonged "euphoria wave" for the past two months, a pattern similar to the final stages of the previous bull market. The "Supply Profitability State" indicator, which tracks the percentage of the circulating supply that is currently in profit, has entered the "euphoria" phase, above the +1 standard deviation threshold. This prolonged euphoric phase, if it follows a similar trajectory to the last bull run, could suggest that the current Bitcoin rally still has several months of its expansionary cycle ahead.
- Shiba Inu Burn Rate Soars Amid DeFi Hype; NuggetRush Emerges as Gaming Giant
- Apr 11, 2024 at 09:00 am
- The burn rate of Shiba Inu increases as its community members anticipate upcoming liquid staking services. Bitcoin's return to the $69,000 price level has increased the demand for top meme coins, including Shiba Inu. This coincides with a surge in burn activities within the Shiba Inu (SHIB) ecosystem in 2024.
- ENA Skyrockets Over 100% as Stockpiling and Staking Incentives Soar
- Apr 11, 2024 at 09:00 am
- ENA, the native token of DeFi protocol Ethena Labs, has surged in value since its airdrop last week, more than doubling in price to $1.34. This appreciation is attributed to aggressive accumulation by institutional investors, offsetting selling pressure from recent exchange deposits. As Ethena Labs announces "Season 2" with higher rewards for staking ENA, investors have withdrawn tokens from exchanges to participate, contributing to the surge. Speculative interest is also rising, with the Open Interest in ENA Futures reaching $372 million, indicating a bullish outlook among traders.
- Gala Crypto Consolidates After Recent Downturn
- Apr 11, 2024 at 08:46 am
- Amidst market volatility, Gala crypto faces a neutral to slightly bullish outlook. Following two days of losses, it has breached the 20-day EMA, consolidating within a range of $0.055 to $0.069. Technical indicators suggest a potential upswing if buyers maintain support above the 50-day EMA. Active address analysis shows fluctuations, while OI data reveals a recent decline. Positive sentiment has waned, leading to a neutral bias. Analysts forecast a potential high of $0.084 or a low of $0.046, based on resistance and support levels. Long-term outlook remains positive, potentially attracting buyers at lower levels.
- Pendle Token Surges Amidst Bullish Sentiment, Whales Accumulate for Long-Term Gains
- Apr 11, 2024 at 08:37 am
- Despite a slight dip in the past 24 hours, Pendle token continues to exhibit bullish momentum, surging by 30% in the last 7 days and 122% in the past 30 days. Trading at $6.67, Pendle is poised for further upward movement, supported by ongoing accumulation by whales, who recently withdrew substantial amounts of tokens from exchanges, indicating confidence in its future potential.
- Bitcoin Soars Past $70K as Market Optimism and Altcoins Surge
- Apr 11, 2024 at 08:32 am
- Bitcoin has regained $70,000 amidst falling outflows, defying anticipations. Rebounding altcoins, such as Ethena, Nervos Network, and Ordinal, have emerged as potential gainers. Investors are also exploring cryptocurrency presales for early-stage token purchases, seeking significant potential amidst the market volatility.
- Bitcoin's Dip Spurs Panic and Optimism Amidst Halving Anticipation
- Apr 11, 2024 at 08:31 am
- In the past 24 hours, Bitcoin experienced a drop below $69k triggering panic among traders. The dip followed a gradual decline in trading volume since March 6th, causing uncertainty. Despite initial panic, discussions about potential dip-buying opportunities and reminders of the upcoming halving in 10 days have emerged, suggesting optimism for a rebound. Additionally, analyst Ali Martinez highlights a balance between support and resistance levels, favoring the Bitcoin bulls. However, ETF activity indicates a net outflow of $19M, although marginally so.
- Dogecoin Bullish Momentum Continues Amidst X Payments Launch Anticipation
- Apr 11, 2024 at 08:28 am
- Dogecoin maintains its reign as the leading memecoin, boasting a market cap exceeding $27 billion. Amidst a 10% surge in the past 30 days, Dogecoin aims to establish a new yearly high by decisively breaking the crucial $0.20 resistance level, where 3.78 billion Dogecoins are held at a loss by 32,000 addresses. The anticipated launch of X Payments in June further fuels enthusiasm within the Dogecoin community, with widespread belief that its successful rollout could propel Dogecoin to unprecedented heights.
- SEC Wells Notice Shadows Uniswap, Sparking DeFi Concerns
- Apr 11, 2024 at 08:24 am
- Uniswap, the largest decentralized exchange, has received a Wells Notice from the SEC, sparking regulatory scrutiny. The platform's dominance and high trading volume raise concerns about the future of decentralized trading in the US, sending its native token UNI down 12% in an hour. This move mirrors the SEC targeting traditional stock exchanges, indicating a potential shift in regulatory approach towards DeFi platforms.
- Bitcoin at Crossroads: On-Chain Metrics Hint at Important Turning Point
- Apr 11, 2024 at 08:24 am
- The Market Value to Realized Value (MVRV) and Vaulted Price metrics signal Bitcoin's approach to historically significant on-chain thresholds. The MVRV +1SD level, indicating potential overvaluation, and the Vaulted Price, reflecting latent potential energy, have previously coincided with notable market movements.
- Whales and Institutions Load Up on MKR Amid Market Decline
- Apr 11, 2024 at 08:20 am
- Amidst a recent downturn in the value of MKR, on-chain data reveals that whales and institutions are actively accumulating the governance token of the Maker Protocol. Over the past week, 13 fresh wallets have withdrawn a substantial amount of MKR from Binance, totaling 13,560 tokens valued at $47.8 million, indicating a surge in accumulation activity during the dip.
- Bitcoin Meme Coin Pups Soars by 1,056%, Ready to Unleash Revolutionary Runes Protocol
- Apr 11, 2024 at 08:19 am
- The Bitcoin meme coin, Pups, has seen a surge of 1,056% in the past week, ahead of the Bitcoin halving and the launch of the Runes protocol. Beginning at $22.50, Pups experienced a surge of 44% on Tuesday and has since surpassed $365 million in market capitalization.