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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
Jan / 30
- Week Of Withdrawals: Crypto Funds Lose $500M As Grayscale’s Outflow Wanes
- Jan 30, 2024 at 02:04 am
- The crypto market has recently experienced significant outflows, with digital asset investment products worldwide seeing net outflows of $500 million last week. These outflows primarily stemmed from Grayscale's converted spot Bitcoin exchange-traded fund (GBTC), though its impact has been diminishing with daily outflows reducing progressively throughout the week.
- Solana Foundation partners with Colosseum to enhance developer ecosystem
- Jan 30, 2024 at 01:59 am
- The Solana Foundation, a prominent player in the blockchain industry, has teamed up with Colosseum, an online platform known for its developer initiatives, to bolster its talent pipeline. This collaboration will see Colosseum manage hackathons and an accelerator program exclusively for the Solana Foundation, with the aim of fostering a thriving ecosystem of developers and startups. The partnership includes a $250,000 pre-seed investment for projects that enter the accelerator program, providing comprehensive support and access to the Solana ecosystem.
- Will BONK Meme Eclipse Shiba Inu as SHIB Whales Enter Hibernation?
- Jan 30, 2024 at 01:49 am
- BONK, a Solana-based meme coin, has experienced a significant surge in the past year, outperforming both Shiba Inu (SHIB) and Dogecoin (DOGE) in trading volume. Despite a recent decline, BONK remains a potential competitor to SHIB, as indicated by its strong DeFi presence and the growing concerns among SHIB whales regarding the token's Web3 transition.
- e-Grains Makes History as the First Company to offer Tokenized Agro Commodities in the World (29 Jan)
- Jan 30, 2024 at 01:44 am
- San Salvador, El Salvador, January 29th, 2024, Chainwire e-Grains proudly announces a groundbreaking achievement with the recent approval as a Tokenized Digital Asset Issuer by the National Council ...
- Dogecoin (DOGE) Defies Downtrend in Epic Plot Twist
- Jan 30, 2024 at 12:54 am
- Amidst a broader market downturn, Dogecoin (DOGE) has emerged as an unexpected hero, defying the prevailing downtrend. Despite other top cryptocurrencies facing losses, DOGE has surged by 1.68% in the past 24 hours, driven by the anticipated launch of X Payments, Elon Musk's ambitious project. Musk's commitment to X, which includes plans to integrate DOGE, has fueled positive sentiment, while Binance's recent addition of Dogecoin to its USDC-margined futures has further boosted its fortunes. The support of its active community has also played a role in Dogecoin's resilience, highlighting its popularity among crypto enthusiasts.
- This Solana DEX surges past Uniswap: All you need to know
- Jan 30, 2024 at 12:34 am
- In the past 24 hours, the trading volume of Solana's DEX, Jupiter, has surpassed that of Uniswap. This surge is largely attributed to Jupiter's recent WEN token airdrop, which has led to increased daily trading volume and transaction fees on the Solana network. However, despite this boost, SOL's price has remained sideways, with technical indicators suggesting continued bearish sentiment among traders.
- 16 crypto projects that could airdrop tokens in 2024
- Jan 30, 2024 at 12:29 am
- Airdrops, a unique concept in the cryptocurrency industry, involve blockchain projects distributing free native tokens to existing or qualifying users. These airdrops serve multiple purposes, including boosting awareness, incentivizing participation, and promoting network effects. With the crypto landscape constantly evolving, upcoming airdrops in 2024 have generated significant buzz, such as projects on Solana, bridges and DeFi protocols, derivatives exchanges, and other promising ventures.
- Crypto Exchange VALR to List PayPal USD (PYUSD), Facilitating Seamless On- and Off-Ramping in the Crypto Ecosystem
- Jan 30, 2024 at 12:09 am
- VALR, a leading global crypto exchange, has announced the listing of PayPal USD (PYUSD) against USDT and the South African Rand (ZAR) on its platform, effective January 30, 2024. This strategic move aims to empower users to seamlessly transition between fiat, crypto markets, and the vast PayPal ecosystem, while promoting the adoption of crypto assets in everyday transactions.
- N500m license requirement: Nigerian crypto leaders say SEC is out to stifle local companies
- Jan 30, 2024 at 12:04 am
- Towards the end of 2023, the Central Bank of Nigeria (CBN) lifted the almost three-year-old ban on transactions between banks and crypto exchanges. Not long after the announcement was made, the CBN ap...
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2024
Jan / 29
- Solana-based Jupiter jumps 22% with $500 mln trade settlement
- Jan 29, 2024 at 11:09 pm
- Solana-based trading aggregator Jupiter has surpassed Uniswap v3 in trade settlement volume, reaching a significant $500 million in the past 24 hours. This achievement has garnered attention from investors and retailers alike, propelling Jupiter to the forefront of decentralized exchanges. Jupiter's extensive offering of 550 tokens and 5,550 trading pairs, including the highly active USDC/SOL pair, has contributed to its impressive performance. The platform's unique approach of routing orders to multiple Solana-based exchanges ensures the best available price execution for traders.
- Solana (SOL) Breaks Out of Descending Channel, Top Analyst Sets $113 Target
- Jan 29, 2024 at 11:06 pm
- Renowned crypto analyst Ali Martinez has identified a breakout from a descending parallel channel for Solana (SOL), signaling potential upward momentum. If SOL can maintain its position above $94, Martinez anticipates a progression towards the $113 target, indicating a bullish trend for the cryptocurrency.
- China’s Stock Market Jitters Spark Bitcoin Investment Interest
- Jan 29, 2024 at 10:49 pm
- Despite China's ongoing stock market decline and economic downturn, Chinese investors are increasingly turning to cryptocurrencies as a safe haven. The ban on crypto mining and trading in China has not deterred investors from seeking refuge in Bitcoin and other digital assets through gray markets and fintech platforms. This trend highlights the appeal of cryptocurrencies as an alternative investment option amidst economic uncertainty and volatile stock markets.
- CEO of Bitcoin Exchange Bitstamp Evaluated the Market After Bitcoin ETF! Will ETF Approvals Trigger the Bulls?
- Jan 29, 2024 at 09:49 pm
- The launch of the first spot Bitcoin (BTC) ETFs in the US market is seen as a significant milestone for the digital asset class, potentially opening the door to large-scale investment flows from institutional investors. Bitstamp US CEO Bobby Zagotta believes the ETF approvals bring real validation to the industry, allowing different market segments to participate in a way they are comfortable with.
- Google Considers Allowing Cryptocurrency Ads Focuses Spot Bitcoin ETF
- Jan 29, 2024 at 06:59 pm
- Google is updating its policies to allow advertising for some cryptocurrency products, including Spot Bitcoin ETFs. This move has excited the crypto community, as they believe it could lead to increased exposure and adoption of Bitcoin ETFs. However, Google has implemented rules to protect investors from risky investments in volatile cryptocurrency markets.
- Understanding Validium and Its Role in Making Ethereum More Scalable in 2024
- Jan 29, 2024 at 06:44 pm
- Understanding the role of Validium in Ethereum's scalability is crucial in the dynamic and fast-paced world of cryptocurrencies. As one of the most widely used blockchain platforms, Ethereum has embraced Validium, a layer-2 scaling solution that enhances its scalability. Validium processes transactions and stores data off the chain, significantly improving the mainnet throughput. This preventive mechanism plays a vital role in curbing theft and fraud during blockchain transactions, ensuring that users authorize every transfer from one account to another. By understanding Validium's role, Ethereum becomes more scalable and capable of handling the increasing demands of the cryptocurrency industry.
- Becoming a Millionaire With Cryptocurrencies Has Become Easier Than Ever: 3 Altcoin Picks With 100X Potential in 2024
- Jan 29, 2024 at 05:34 pm
- Shiba Inu, Retik Finance, and Dogecoin have emerged as potential game-changers in the cryptocurrency realm, poised to lead the charge in 2024 with the potential for 100x gains. Shiba Inu, the meme-inspired sensation, has gained global recognition and acceptance as a form of payment. Retik Finance, at the forefront of DeFi innovation, boasts a comprehensive suite of features and has raised substantial funds, reflecting strong community support. Dogecoin, born from a playful meme, has evolved into a serious player with enduring popularity and notable endorsements, making it a compelling choice for investors seeking exponential growth. These altcoins present enticing opportunities for those navigating the dynamic landscape of crypto wealth creation in the coming year.
