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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 / 19- Bitcoin's Strength Tested By Global Turmoil, Future Looks Bright
- Apr 19, 2024 at 07:36 pm
- Scaramucci anticipates a potential 10-15% devaluation in Bitcoin's value within the next year due to geopolitical events such as war or terrorism. Despite Bitcoin's growing popularity as a hedge against inflation and a store of value, its widespread adoption is crucial for its stability, as currently, it is perceived more as a speculative asset.
- SBI VC Trade Rolls Out Crypto Lending Service for Passive Income
- Apr 19, 2024 at 07:36 pm
- SBI VC Trade, the crypto division of SBI Japan, has launched "Rent Coin," a service that allows crypto holders to lend their holdings in various currencies (including Shiba Inu, Bitcoin, and Bitcoin Cash) for passive income. The lending term is 28 days, with interest rates varying from 2% to 5% depending on the asset and lending period. Interested parties can apply for the service until April 25th.
- Tether and Telegram Join Forces to Integrate USDT and XAUT on TON
- Apr 19, 2024 at 07:35 pm
- Tether deepens its integration with Telegram's Web3 ecosystem by launching USDT and XAUT stablecoins on The Open Network (TON) blockchain. This strategic move aligns with both entities' vision for a decentralized financial system and enhances the functionality and reach of the TON ecosystem. Tether's launch on TON, which follows its recent expansion across 15 blockchains, is a significant milestone for the stablecoin operator. TON's unique capabilities, including built-in fiat on-ramps and global off-ramps, will simplify and enhance peer-to-peer payment experiences for Telegram's vast user base.
- Tether Expands Crypto Reach with USDT, XAUT Launch on TON
- Apr 19, 2024 at 07:34 pm
- Tether has expanded its presence by integrating USDT and XAUT onto The Open Network (TON), adding to the stablecoin's availability on over a dozen blockchains. This integration aims to provide TON's user base with seamless peer-to-peer payments and value transfers, while increasing the network's activity and liquidity.
- Binance Converts $1 Billion User Protection Fund into Stablecoin USDC for Enhanced Stability
- Apr 19, 2024 at 07:31 pm
- Binance's $1 billion Secure Asset Fund for Users (SAFU) has been fully converted into USDC for enhanced reliability and stability. Established in 2018 to protect users against operational risks and security breaches, SAFU now holds its entire reserve in the trusted and transparent stablecoin.
- Prestigious Media Outlet Launches Cryptocurrency in Presale, Raises Half a Million
- Apr 19, 2024 at 07:31 pm
- 99Bitcoins, a reputable media outlet, has introduced a new cryptocurrency called the 99Bitcoins token, which has already raised $500k in its initial presale phase. Designed for its unique learn-to-earn platform, this token aims to incentivize users for their engagement in crypto education. The platform features interactive learning modules, quizzes, and tutorials, with users earning higher rankings and rewards for successful completion.
- BEFE: Crypto Powerhouse Soars, Unlocking Limitless Opportunities for Investors
- Apr 19, 2024 at 07:30 pm
- Since its inception, cryptocurrency has gained widespread adoption as a payment method, with established coins like Bitcoin, Ethereum, and BNB demonstrating the potential and security of the crypto ecosystem. As the market continues to evolve, new cryptocurrencies like Solana and meme coins vie for investor attention. Amidst this surge, BEFE has emerged as a standout, offering innovative features and outstanding performance since its launch, attracting potential investors and revolutionizing the crypto market.
- Bitcoin Runes Ecosystem Draws Parallels to Dogecoin's Meteoric Rise, Crypto Traders Predict
- Apr 19, 2024 at 07:30 pm
- Crypto trading sensation Ansem has directed attention towards the Bitcoin Runes ecosystem, labeling it as a potential breeding ground for the next 100x crypto opportunity, comparing it to the rise of Dogecoin. Ansem specifically highlights Bitcoin Wizards (WZRD) and PUPS as potential gems within the ecosystem, drawing parallels between WZRD and Dogecoin's viral success and PUPS with dogwifhat's profitability.
- Crypto Expert Predicts Massive Growth in Bitcoin Runes Ecosystem, Sees 100x Opportunity
- Apr 19, 2024 at 07:30 pm
- Crypto expert Ansem, known for his successful predictions, has identified the Bitcoin Runes ecosystem as the potential home for the next 100x crypto opportunity, highlighting Bitcoin Wizards (WZRD) as the Dogecoin equivalent and PUPS as the dogwifhat (WIF) counterpart. Ansem's analysis is based on the historical and cultural significance of the "Magic Internet Money" meme, which played a crucial role in Bitcoin's early adoption.
- UFC and VeChain Partner for Cutting-Edge Fighter Gloves with Blockchain
- Apr 19, 2024 at 07:30 pm
- In a significant development, VeChain has joined forces with the UFC to introduce blockchain-integrated fighter gloves. Aiming to enhance safety, fan experience, and industry innovation, this partnership showcases VeChain's growing adoption across various sectors. Additionally, despite recent market fluctuations, Ben Armstrong remains optimistic about Bitcoin's trajectory, predicting it will reach $100k this year. Rebel Satoshi Arcade, a decentralized gaming platform, has garnered attention for its innovative P2E model, giving users control over game selection and governance via the native $RBLZ and $RECQ tokens.
- Bitcoin Whales Profit Big As Halving Nears
- Apr 19, 2024 at 07:29 pm
- Ki Young Ju, CEO of CryptoQuant, reports a 223% surge in profitability for long-standing Bitcoin holders ("ancient whales"), coinciding with the upcoming Bitcoin halving. While this profitability could incentivize selling, short-term holders pose a greater risk due to diminished unrealized gains, reducing further selling pressure. Notably, ancient whales' substantial gains and unwavering belief in Bitcoin's value may counteract the potential selling pressure.
- Bitcoin Halving: Reshaping Mining, Market, and Future Trends
- Apr 19, 2024 at 07:28 pm
- As Bitcoin's latest halving approaches, industry experts anticipate its impact on miners. Despite revenue fluctuations, some miners enjoy all-time highs in USD revenue, providing resilience before the halving. Analysts project minimal network hash rate shutdowns, with leading miners like CleanSpark and Marathon expected to consolidate their dominance. Transaction fees, which have risen to 10% of revenues due to Ordinals activity, will become crucial for miners as block subsidy rewards decrease. As the halving catalyzes industry evolution, efficiency and strategic resource allocation will determine success in the post-halving market.
- Cryptocurrency Faucets: A Beginner's Guide to Digital Currency
- Apr 19, 2024 at 07:28 pm
- Cryptocurrency faucets offer a risk-free introduction to the world of digital currency, allowing beginners to earn free crypto without spending any money. By completing simple tasks or watching ads, individuals can accumulate small amounts of cryptocurrency, providing a practical understanding of transactions and the underlying technology.
- Bitget Wallet Inks Partnership with Ethena, Distributing BWB Points to Users
- Apr 19, 2024 at 07:28 pm
- Bitget Wallet, a leading Web3 wallet, has collaborated with Ethena, an Ethereum-based synthetic dollar protocol. This partnership grants users who have deposited at least 100 USDT on Ethena in the past three months BWB points via airdrop, convertible into BWB tokens post-campaign. Ethena users can now leverage Bitget Wallet's browser extension and mobile application, simplifying token transactions, USDe exchange, staking, and Pendle campaign participation.
- Tether Strengthens DeFi, Boosts TON Liquidity with USDT, XAUT Launch
- Apr 19, 2024 at 07:27 pm
- Tether, a leading stablecoin issuer, has expanded its reach to The Open Network (TON), a blockchain linked to the Telegram messaging app. This launch brings USDT and XAUT to TON's 900 million users, facilitating seamless cross-blockchain value transfers and P2P payments. Tether's integration with TON boosts the network's activity, liquidity, and developer access to capital, further supporting TON's development and Tether's mission of empowering open financial infrastructure.
- Crypto Market Stays Strong Amidst Turmoil, Bitcoin Halving on Horizon
- Apr 19, 2024 at 07:26 pm
- Despite rising geopolitical tensions, the cryptocurrency market remains resilient with Bitcoin acting as a macro hedge. On April 19th, significant options expiry events for Bitcoin and Ethereum, totaling over $2.3 billion in notional value, could lead to increased volatility. Amidst the approaching Bitcoin Halving, the BTC price has held support despite recent geopolitical tensions, indicating accumulation opportunities. According to historical data, Bitcoin's price has shown a bullish trend following each Halving event, potentially signaling a potential rebound.
- Verstappen and Red Bull Reignite Shanghai, Billion Dollar Jackpot Stakes Up for Grabs
- Apr 19, 2024 at 07:25 pm
- Formula One returns to Shanghai this weekend, with Red Bull Racing and Max Verstappen as the formidable leaders. While Ferrari has shown potential, can they consistently challenge Red Bull's dominance? Mercedes continues to struggle, raising questions about their ability to regain their former glory. The Billion Dollar Jackpot adds excitement, allowing fans to predict race outcomes and win substantial prizes.
- Ethereum's Resilience Shines Amidst Market Swings
- Apr 19, 2024 at 07:25 pm
- Despite a significant dip, Ethereum price has rebounded, demonstrating its resilience in the turbulent cryptocurrency market. The quick recovery has boosted investor confidence, and the current price stands at US$3,109.60, supported by a bullish MACD and a high RSI, indicating buying pressure. Degen Chain leads in TPS, while Liquid ReStake contributes to the growth of DeFi TVL. Price predictions vary, but most forecast significant growth in the coming years, highlighting Ethereum's potential for expansion.
- Crypto Market Poised for Surge as Global ETF Approvals Draw Near
- Apr 19, 2024 at 07:24 pm
- Crypto venture capitalist Andrew Kang predicts a surge in buying opportunities for Bitcoin, Solana, Dogwifhat, and Toncoin due to the anticipated global approval of cryptocurrency ETFs and the resolution of network congestion issues on Solana. He views potential price drops as "huge gifts" for investors and anticipates a second wave of ETF inflows, potentially including mainland China. Kang's optimism stems from factors such as Hong Kong's first spot BTC and Ethereum ETF, which could boost institutional investment and stabilize the market.
- Bitcoin ETF Outflows: A Temporary Blip or a Broader Shift?
- Apr 19, 2024 at 07:23 pm
- Despite recent outflows from spot Bitcoin Exchange-Traded Funds (ETFs), analyst Eric Balchunas highlights that these outflows account for only 1% of total inflows since their inception. He emphasizes their insignificance in the overall context, describing the current trend as "minuscule."