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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 / 12- Polkadot Primed for Bullish Breakout as Technicals Flash Green
- Apr 12, 2024 at 03:00 am
- DOT's value has dropped by 20% over the past 30 days, with bears maintaining control over the token's price. However, a bull pattern identified by crypto analyst FLASH suggests a potential breakout, similar to those that led to price surges in February and November 2023. On-chain metrics, such as high open interest and funding rate, indicate a bearish sentiment, but technical indicators like CMF and MFI suggest the possibility of a bullish reversal.
- Ethena Staking Surge Drives Crypto Market, Spurs Confidence and Value Outlook
- Apr 12, 2024 at 03:00 am
- Ethena's Season 2 staking program launch has resulted in a surge in cryptocurrency transactions. Ten major token holders have withdrawn over 1 million ENA tokens each for staking, amassing 37.5 million tokens. A wallet labeled "0x523b" spent $1.6 million to purchase 1.16 million ENA tokens for staking. Whales recently withdrew 11.9 million ENA tokens from Binance for staking. Staking digital assets is gaining traction as a viable investment approach, and Ethena's Season 2 program is attracting significant interest.
- XRP Primed for Surge as Bitcoin Halving Nears
- Apr 12, 2024 at 03:00 am
- Historical patterns, technical indicators, and post-halving sentiment suggest a potential surge for XRP after the upcoming Bitcoin halving on April 19. Analysts predict significant price increases based on past market behavior, with XRP potentially outperforming Bitcoin due to the historical trend of investors rotating their holdings to altcoins during "altseason." Technical indicators, such as falling wedge patterns and EMA projections, further support the bullish sentiment surrounding XRP, with potential price increases of up to 70% in the coming months.
- BlastUP Presale: Gateway to Blockchain Boom Post-Bitcoin Halving
- Apr 12, 2024 at 03:00 am
- The upcoming Bitcoin halving event is projected to trigger significant market movements and potential growth for cryptocurrencies. This article analyzes six coins positioned for substantial gains, including Solana (SOL), Optimism (OP), Ethereum (ETH), Render (RNDR), Dogecoin (DOGE), and BlastUP. While SOL, OP, and ETH exhibit growth potential, their immediate upside may be limited. RNDR and DOGE hold promise but might experience less rapid growth. In contrast, BlastUP stands out with its strong concept within the Blast ecosystem, suggesting high growth potential.
- Bitcoin ETFs Slump as ARK Invest Withdraws, InQubeta's Rise Sparks Altcoin Optimism
- Apr 12, 2024 at 03:00 am
- Despite a surge in popularity, Bitcoin ETFs faced a dip after outflows from ARK Invest. Meanwhile, altcoins celebrated InQubeta's ICO success, with its Ethereum-based platform connecting startups and investors for AI projects. Other notable developments include BlackRock adding APs to its BTC ETF and Monero integrating with Serai for enhanced privacy in transactions.
- Shiba Inu Teams Up with CDSA for Blockchain-Powered Content Security and Distribution Revolution
- Apr 12, 2024 at 02:59 am
- Shiba Inu, a groundbreaking layer 2 blockchain, has partnered with the Content Distribution and Security Association (CDSA) to harness blockchain technology for content security and distribution, particularly within the media and entertainment industry. This collaboration aims to develop blockchain solutions tailored for the sector, focusing on enhancing security protocols and optimizing content distribution mechanisms.
- Bitcoin Defies Market Pullback, Soars Amidst ECB's Unchanged Interest Rates
- Apr 12, 2024 at 02:53 am
- Following the European Central Bank's (ECB) decision to maintain interest rates, Bitcoin's price surged on Thursday, marking its fifth consecutive rise. Despite global market declines, Bitcoin defied the trend, reaching $69,607 due to the ECB's decision to keep rates unchanged and the possibility of future rate cuts suggested by Portfolio Manager Konstantin Veit.
- Bitcoin Set to Surge to $170,000, Uniswap Soars Past $2 Trillion Trading Volume
- Apr 12, 2024 at 02:53 am
- Anthony Scaramucci predicts Bitcoin's value to reach $170,000 within 18 months of halving. Uniswap's trading volume surpasses $2 trillion, but its price faces challenges. Rebel Satoshi Arcade introduces $RECQ altcoin, aiming to ride the success of $RBLZ
- Stack's Bowers and Ponterio's Spring 2024 Hong Kong Auction: A Numismatic Bonanza
- Apr 12, 2024 at 02:51 am
- Stack's Bowers and Ponterio's Spring 2024 Hong Kong Auction will showcase nearly 9,600 lots of coins, medals, tokens, and currency. With total high-end estimates exceeding USD 27 million, the auction features the Stack's Bowers Rarities Night sale, showcasing treasures from vintage and modern Chinese series. Other highlights include an 1847 English "Gothic Crown," coronation medals of Charles II, and rare Asian issues like an Annam "Dragon and Phoenix" 5 Tien. The auction, presented in 13 live and internet-only sessions, offers opportunities for both experienced collectors and newcomers.
- Chainlink's Transporter Unleashes Secure and Seamless Cross-Chain Transactions
- Apr 12, 2024 at 02:51 am
- Chainlink has launched Transporter, a secure bridging application that facilitates cross-chain transactions. Utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP), Transporter enables the transfer of tokens and messages across multiple blockchains, including Ethereum, Polygon, and BNB Chain, with enhanced security and real-time monitoring. The app features a visual tracking system, supports native ETH transfer using WETH token pools, and aims to reduce cross-chain vulnerabilities by leveraging CCIP's Risk Management Network.
- Slothana Emerges as a Contender in the Meme Coin Space, Eyes $420M Market Cap
- Apr 12, 2024 at 02:50 am
- Slothana (SLOTH), a Solana-based meme token, has garnered significant attention after raising $10 million in three weeks. This success comes amid the upcoming Bitcoin halving and International Stoner Day, bolstering the momentum of Solana-based meme coins. Slothana's ambitious target is a $420 million market cap, with various factors expected to drive growth, including risk-off trading, the Bitcoin halving, SEC's decision on Ethereum NFTs, and rumors of the team's previous success with Smog ($SMOG). Investors eagerly await the presale dates and details, as Slothana positions itself for success in the evolving crypto landscape.
- Remnant 2: 'The Forgotten Kingdom' DLC Unveils Release Date, Introduces 'Invoker' Archetype
- Apr 12, 2024 at 02:49 am
- Gunfire Games has announced the release date for the upcoming DLC chapter for Remnant 2, titled The Forgotten Kingdom, which is scheduled to launch on April 23, 2024. The DLC will take players back to Yaesha, one of the visually stunning locales in Remnant 2, and aims to expand the story of that realm, while also introducing new questlines and characters.
- Tesla's Bitcoin Journey: Investments, Sales, and Missed Opportunities Unveiled
- Apr 12, 2024 at 02:49 am
- Tesla's innovative endeavors include Bitcoin investments. In February 2021, Tesla purchased $1.5 billion worth of BTC, seizing the opportunity to capitalize on low interest rates and inflation concerns. The investment initially proved lucrative, but Tesla later sold a significant portion of its holdings, potentially missing out on substantial gains. Despite these transactions, Tesla's Bitcoin operations have had a cumulative profit/loss near zero, with potential for future profitability if BTC continues to appreciate.
- Polkadot's Meteoric Rise and the Utility Paradox: User Growth Outpaces Network Utilization
- Apr 12, 2024 at 02:48 am
- As Polkadot's user adoption soars, questions arise about its sustainability. Despite a surge in active wallets and accounts, network activity remains subdued, creating a paradox of growth without utilization. To fulfill its transformative potential, Polkadot must address user engagement challenges and translate interest into tangible network activity. This article delves into the factors behind this disconnect, the evolving investment landscape, and the road ahead for the revolutionary blockchain interoperability platform.
- London Aims to Be Crypto Capital With £100 Crypto Giveaway for Each Resident
- Apr 12, 2024 at 02:48 am
- London mayoral candidate Brian Rose proposes a bold plan to distribute £100 worth of a new capital crypto token, the LONDON, to every resident. The token would be accepted for various city services and funded through a 1% 'TradFi tax' on big banks' profits. Rose believes this initiative will foster crypto familiarity, inject money into the economy, and establish London as a crypto-first city. He emphasizes that the plan will be accessible to both crypto enthusiasts and newcomers, empowering Londoners to navigate the evolving financial landscape.
- London Mayor Candidate unveils Crypto-First Plan: Free Token for Every Resident
- Apr 12, 2024 at 02:48 am
- London mayoral candidate Brian Rose proposes a revolutionary plan to distribute £100 worth of a new "LONDON" cryptocurrency token to every Londoner. Funded by a "TradFi tax" on large banks' profits, the token would be accepted for payments across the city, including transport and council services. Rose believes this initiative will foster cryptocurrency literacy, stimulate the economy, and position London as a global leader in crypto adoption.
- Internet Computer Token (ICP) Soars with Bullish Surge, Primed for Continued Growth
- Apr 12, 2024 at 02:46 am
- The ICP token displays bullish momentum, reclaiming the $15 level. Buyers maintain accumulation, pushing the token towards the $20 mark. However, a retracement occurred, leading to a retest of the 20-day EMA. Despite the pullback, analysts remain optimistic, expecting the bullish trend to continue and potentially break above $20.
- Just an Egg and Dogeverse Surge in Popularity, Igniting Solana Meme Coin Craze
- Apr 12, 2024 at 02:43 am
- Within the bustling Solana meme coin market, Just an Egg (EGG) has experienced a roller coaster ride of volatility, while Dogeverse (DOGEVERSE) has emerged as a promising contender with its multi-chain functionality and high APY staking. As the meme coin frenzy continues, investors are navigating the complexities of EGG's price fluctuations and exploring the potential of Dogeverse's innovative approach. Amidst the chaotic bazaar of meme tokens, these two coins stand out as the latest sensations, offering unique opportunities and a reminder that today's joke could become tomorrow's jackpot.
- Individual Investor Optimism Takes a Hit Amidst Inflation Woes
- Apr 12, 2024 at 02:43 am
- Individual investor optimism continues to decline as inflation persists, with the AAII Sentiment Survey showing a decrease in optimism to 43.4% and an increase in bearish sentiment to 24%. Despite recent market declines, futures for major indices edged higher on Thursday, while Bitcoin and Gold saw gains in the cryptocurrency and commodities markets respectively.
- Galxe Rolls Out Mainnet for Identity Protocol, Redefining Digital Identity
- Apr 12, 2024 at 02:43 am
- Galxe's Identity Protocol mainnet is now live, revolutionizing digital identity management in Web3. This protocol empowers users with control over their data, enabling cross-domain pseudonymous identities on various platforms and blockchains. Leveraging zero-knowledge proofs, it ensures privacy and autonomy, while Galxe's proven track record in issuing credentials and engaging wallets highlights its significance in fostering a user-centric and interoperable Web3 landscape.