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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
Mar / 23
- XRPL AMM Launch Raises Concerns Over Single-Sided Deposits and XRP Price Volatility
- Mar 23, 2024 at 03:12 pm
- Following the launch of the XRPL AMM, the price of XRP within the XRP/USDC liquidity pool plummeted to $0.34, attributed to market participants continuously depositing only XRP tokens. This single-sided deposit strategy can have adverse effects, including susceptibility to asset volatility and price impacts. As a result, several market participants leveraged arbitrage opportunities to capitalize on the depressed price of XRP in the pool.
- HTX Unveils ROOT Network Quiz Answers, Guiding Crypto Enthusiasts
- Mar 23, 2024 at 03:07 pm
- HTX, a renowned crypto exchange with over 20 million users and zero security breaches, offers a vast selection of 1,000+ cryptocurrencies, including Bitcoin and Ethereum. To access exclusive quiz answers, including those for HTX ROOT (Learn & Earn: The Root Network Explained), use referral code "uuyk8223" upon signing up and navigate to Content > HTX Learn. By completing the quiz, participants can earn 10 ROOT learning rewards.
- OXOA Network Unveils Massive Initiative to Supercharge Web2 Game Studios into Web3 Powerhouses
- Mar 23, 2024 at 03:07 pm
- OXOA Network, a trailblazing web3 indie game platform, launches a major initiative to empower web2 game studios. By investing $100,000 per partner, OXOA aims to facilitate the transition from web2 to web3 gaming. This initiative leverages OXOA's blockchain technology, community-driven node operations, and commitment to innovation to unlock the transformative potential of web3 for indie game developers.
- Dogecoin and Shiba Inu Fuel Rivalry with Market Surges and Ecosystem Developments
- Mar 23, 2024 at 03:06 pm
- Amidst the ongoing rivalry between Dogecoin (DOGE) and Shiba Inu (SHIB), both memecoins have experienced remarkable market recovery, leading to significant price surges and a collective $80 billion inflow into the meme coin sector. With DOGE showing a 29.13% surge in trading volume and an 8% intraday rise, analysts predict a possible surge to $0.5 after its Coinbase listing in April. Meanwhile, SHIB has challenged DOGE's dominance with a 5% intraday surge and a projected price surge to $0.00004 due to ecosystem developments and a bullish trend.
- Blockchain-Based Digital Trading Takes Center Stage with Cdeen
- Mar 23, 2024 at 03:06 pm
- Blockchain-based digital trading empowers users with the Cdeen platform, fostering trust and efficiency in e-commerce. Backed by the stability of Bitcoin, Cdeen offers a secure gateway for cryptocurrency holders to engage in real-world purchases. With low transaction fees, high scalability, and a user-friendly mobile wallet, Cdeen streamlines the digital trading experience, enabling seamless and cost-effective connections between merchants and consumers.
- Bitcoin Set for Surge and Extreme Turbulence, Analyst Predicts
- Mar 23, 2024 at 03:04 pm
- Cryptocurrency analyst Kevin Svenson predicts increased volatility for Bitcoin (BTC) as it approaches potential breakout levels, indicating a parabolic curve pattern on the weekly chart. According to Svenson, a 40% surge from current levels will confirm the fourth stage of the pattern, triggering a "sell point" or major correction area around $90,000. He cautions that volatility could reach 2017 levels, potentially leading to significant portfolio losses during a downward trend.
- Gala Games Unveils Revolutionary Blockchain Gaming Revolution
- Mar 23, 2024 at 03:03 pm
- Despite its modest market cap dominance of 0.07%, GALA crypto exhibits extreme volatility. Launched in 2019, Gala Games promotes blockchain-based gaming, emphasizing player ownership and community involvement. Its GALA token fuels transactions within the ecosystem, currently trading with a market cap of $1.74 billion, making it the 63rd largest cryptocurrency globally.
- Minutes Network's Ambitious Growth Strategy: Reshaping the Telecom Industry
- Mar 23, 2024 at 03:03 pm
- Minutes Network, a blockchain-based wholesale voice carrier, unveils its Mintech Rapid Growth Library (MRGL), a proprietary technology that allows the network to exponentially grow its user base by seamlessly integrating with third-party mobile applications. This innovative solution has the potential to make Minutes Network the world's largest telecommunication voice-network by userbase, unlocking new monetization opportunities for global-scale applications with billions of users.
- Chainlink Dominates Blockchain Landscape with Unprecedented Developer Activity
- Mar 23, 2024 at 03:01 pm
- Chainlink has surpassed Cardano as the leading blockchain platform for developer activity, marking a significant shift in the blockchain ecosystem. While Cardano remains strong with consistent developer engagement, Chainlink's surge has triggered a reshuffle in the blockchain leaderboard, with Polkadot and Kusama declining and newcomers like Status and Optimism gaining prominence.
- Bitcoin Faces Net Outflows, but Institutional Demand Shows Resilience
- Mar 23, 2024 at 03:01 pm
- Amidst continued outflows from Bitcoin spot ETFs, the market has experienced a sell-off, with BTC prices dropping by 3.77% to $64,051. The decline has been attributed to significant outflows from Grayscale's GBTC, which have reached $14 billion since January 2024. Despite the outflows, BlackRock's IBIT ETF has provided some balance by recording net inflows, highlighting the ongoing institutional interest in the asset class.
- SEC Chair Urges Crypto Industry to Welcome Transparency and Compliance
- Mar 23, 2024 at 03:01 pm
- In a speech at Columbia Law School, SEC Chair Gary Gensler criticized the cryptocurrency industry for evading registration requirements and hindering transparency. He emphasized the need for mandatory disclosure to protect investors and disinfect the market. Gensler's remarks reflect the ongoing tension between the SEC and the crypto industry, which is seeking clearer regulations amid increased enforcement actions.
- Exceptional British Coins Expected to Fetch Millions at Auction
- Mar 23, 2024 at 03:00 pm
- An extremely rare and valuable British coin, the Petition Crown of King Charles II, will be auctioned soon, with an estimated value of up to $750,000. This ultra-rate coin, minted in 1663, is part of the Cope collection, a collection of British and Roman coins to be auctioned in two lots in May and October. The Petition Crown is one of only sixteen in existence and is considered a masterpiece, featuring a detailed portrait of King Charles II and an inscription petitioning the King to reinstate Thomas Simon as the sole chief engraver at the Royal Mint.
- Polymesh Vaults 69% After Unleashing Polymesh Private Blockchain for Real Asset Tokenization
- Mar 23, 2024 at 03:00 pm
- Polymesh (POLYX), a native token of a crypto project specializing in real asset tokenization, has surged 69% in the past week. The rise coincides with the introduction of Polymesh Private, a private blockchain iteration of its public network, designed for businesses to tokenize assets privately before transitioning to the public network. Despite the recent surge, POLYX remains below its all-time high, indicating potential for further growth.
- Engaging Title: "Navigating Crypto Volatility: Bitgert Shines Amid Market Corrections" - TheGWW.com
- Mar 23, 2024 at 03:00 pm
- Summary of Crypto Market Trends: Amidst a market correction, major coins like Bitcoin, Solana, and Cardano have experienced price declines. However, Bitgert Coin (BRISE) stands out with a bullish momentum, challenging the dominance of Solana and Cardano with its low market cap, zero gas fees, and high transaction speeds. While Bitgert shows promise, investors should remain cautious in this volatile market.
- Bitgert Poised to Shake Up Crypto Landscape
- Mar 23, 2024 at 03:00 pm
- Bitgert is poised to shake up the crypto landscape with its deflationary model. With a capped supply and innovative burning mechanism, it challenges the dominance of Solana and Cardano. Investors are taking notice of Bitgert's potential as the next big thing in the crypto space, driven by scarcity and value creation. This deflationary contender is outshining its competitors, hinting at a bullish trajectory ahead.
- Floki Inu Reveals Grand 2024 Vision: Digital Banking, Debit Cards, and Enhanced Utility
- Mar 23, 2024 at 03:00 pm
- The Floki Inu team has announced an ambitious roadmap for 2024, introducing innovative features to enhance the token's practicality. Users will soon be able to open digital bank accounts and deposit FLOKI tokens, facilitated by a partnership with a regulated fintech company. Additionally, a Floki debit card and integration with the Venus DeFi protocol are planned, allowing users to spend FLOKI tokens and borrow assets against them.
- Savvy Investors Rush into Crypto Buying Spree Amid Market Dip
- Mar 23, 2024 at 02:59 pm
- Despite the recent crypto market downturn, experts advise investing during such dips. Altcoin Daily recommends accumulating assets like Injective, Cody, and Super, predicting long-term growth potential. Bitcoin's upcoming halving and ETF anticipation drive bullish sentiments, with forecasts ranging from $90k to $150k by year-end.
- Top Altcoins for 2024: Expert Picks for Growth and Profit
- Mar 23, 2024 at 02:59 pm
- Stockmoney Lizards, a renowned crypto trader, presents an analysis of the recent market correction and identifies ten altcoins with strong potential for growth in 2024, including RNDR, FIL, IMX, KAS, XRP, FET, GRT, DOT, FTM, and SUI. These altcoins have shown promising technical and fundamental factors, highlighting opportunities for accumulation during the current market conditions.
- Bitcoin Nears New Peak: AI Forecasts Triumphant Surge Ahead of Halving
- Mar 23, 2024 at 02:55 pm
- Amidst a significant price rally driven by ETF hype and demand in the past six months, Bitcoin's (BTC) price surged to new all-time highs before experiencing a correction. As the next halving, an event historically associated with price catalysts, approaches in under a month, AI chatbot Perplexity predicts a strong likelihood of BTC breaking its current ATH before the halving based on market momentum, ETF approvals, and halving anticipation.