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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
- Bitget Adds Merlin Chain's VOYA Token to Innovation Zone, Offers Access to Trending DeFi Asset
- Mar 23, 2024 at 12:05 am
- On March 22, 2024, Bitget listed Merlin Chain's BRC20 token, VOYA, in its Innovation Zone. VOYA, a memecoin with multichained features, is an emerging cryptocurrency built on decentralization, offering secure and anonymous transactions, an innovative consensus mechanism, and governance mechanisms for token holder participation.
- Will Bitcoin Rally to $73,000 Again? Experts Weigh In
- Mar 23, 2024 at 12:05 am
- Bitcoin's price dropped below $63,000 during the U.S. trading session on Friday, continuing a broader cryptocurrency market sell-off. The decline has reversed a recent 10% surge that followed dovish comments from the Federal Reserve, with analysts attributing the current weakness to continued outflows from the Grayscale Bitcoin Trust (GBTC). Despite these outflows, Coinbase Institutional analysts believe that spot bitcoin ETFs could see inflows resume once GBTC selling is complete, given favorable macroeconomic conditions.
- Spot Bitcoin ETF Investors Show Inexperience Amid Market Volatility
- Mar 23, 2024 at 12:05 am
- Spot Bitcoin exchange-traded funds (ETFs) have attracted billions of dollars following their approval by the US Securities and Exchange Commission (SEC). However, on-chain analysis suggests that some investors may be inexperienced, as evidenced by large outflows from spot Bitcoin ETFs during price declines. This behavior indicates a preference for self-custody over institutional custody, highlighting the potential impact of retail investors in the spot Bitcoin ETF market.
- Budweiser Gallops into Virtual Horse Racing with Zed Run Partnership
- Mar 23, 2024 at 12:05 am
- Budweiser collaborates with Zed Run to introduce tokenized Clydesdale-designed horses for NFT-based virtual horse racing. The initiative follows Budweiser's investment in NFT fan art and Ethereum Name Service domain names. Zed Run's racehorse NFTs, initially priced from $30 to $80, have surged in value, with one token selling for $125,000. As part of the partnership, the companies will launch a Budweiser-themed race track, NFT Budweiser tickets, a $45,000 prize pool for a Bud virtual horse race, and three tiers of NFT Clydesdale-derived skins airdropped to Budweiser Clydesdales NFT holders.
- El Salvador Amps Up Bitcoin Adoption, Plans Daily Purchases
- Mar 23, 2024 at 12:04 am
- El Salvador's commitment to cryptocurrency strengthens as President Nayib Bukele announces daily bitcoin purchases until fiat affordability becomes a concern. This move has significantly increased the nation's Bitcoin holdings to 5,690 BTC, currently valued at $400 million.
- Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow – Crypto News BTC
- Mar 23, 2024 at 12:04 am
- Altcoins Exhibit Recovery Signs, Poised for Short-Term Gains: Bitcoin, XRP, Arbitrum, EOS, and Aave Analysis. Amid a potential debt default resolution, altcoins like XRP, Arbitrum, EOS, and Aave show positive momentum, indicating a potential short-term rally. Bitcoin is also positioned for a breakout above resistance, aiming for $28,400. However, sustaining these gains may face challenges from the upcoming Federal Reserve's price hike speculation.
- Google Embraces Digital Currency with Search Integration and ENS Support
- Mar 23, 2024 at 12:04 am
- Cryptocurrencies are gaining mainstream acceptance, as evidenced by Google's integration of crypto wallet balances into search results. The integration also includes Ethereum Name Service (ENS), which provides user-friendly domain names for crypto wallets, making them easier to remember and share. This development signifies the growing adoption of cryptocurrencies and the democratization of the field.
- Worldcoin Unleashes Privacy Enhancements and Opens Up Source Code
- Mar 23, 2024 at 12:04 am
- Worldcoin, a decentralized digital identity project, has introduced Personal Custody features to enhance user privacy. This feature allows users to maintain control over their identification data, stored on their personal devices. Previously, data was deleted without user input, but now users can control and delete it at will. The project also aims to expand decentralization by making its core components open source. These updates align with Worldcoin's mission to provide a wider and more privacy-conscious ID network.
- VET Poised to Rocket to $1.6, Fueled by Bullish Pattern and Strong Fundamentals
- Mar 23, 2024 at 12:04 am
- According to crypto analyst EGRAG CRYPTO, VeChain (VET) may surge towards $1.6 based on a triple bottom pattern using the Cloning Pattern technique. EGRAG CRYPTO has consistently maintained a bullish outlook on VeChain, highlighting its potential for significant gains. The analyst suggests a potential move to $0.115 followed by a dip to $0.035 before a long-term rise to $1.6, supported by the launch of new tokens and a sustainability platform.
- Secure Free $DAO Tokens: Airdrops and Crypto Opportunities Guide
- Mar 23, 2024 at 12:04 am
- Step-by-Step DAO MAKER Airdrop GuideThe DAO MAKER airdrop is live, offering free $DAO tokens to eligible users. To claim your tokens, follow these simple steps:Visit the DAOmaker website and check your eligibility.Connect your crypto wallet (MetaMask, Coinbase Wallet, etc.).If eligible, declare your $DAO tokens by approving the transaction in your wallet.Manage your tokens by holding, transferring, or interacting with them using your connected wallet.
- Decentralized Exchanges: Shaping the Future of Digital Asset Trading with Innovation and Technology
- Mar 23, 2024 at 12:03 am
- Decentralized exchanges (DEXs) have experienced technological advancements in recent years, addressing issues like slippage and impermanent losses. However, the industry faces challenges in reaching pre-collapse user engagement levels. Cointelegraph Research's "DEXscape" report explores these trends, examining innovations in AMM mechanisms, smart routing solutions, and the impact of zero-knowledge proofs. The report also analyzes liquidity turnover ratios and the rise of aggregators, showcasing the latest breakthroughs and potential solutions to revolutionize the DEX industry.
- Is Ethereum the Crypto Silver to Bitcoin's Gold?
- Mar 23, 2024 at 12:03 am
- Ethereum (ETH) holds the significant status of the "silver" in the cryptocurrency realm, complementing Bitcoin's "gold" position. Despite ranking second in market capitalization, ETH's versatility surpasses Bitcoin's, particularly for blockchain developers seeking to leverage Ethereum's platform for smart contracts, DeFi, NFTs, and blockchain gaming. This utility, often overlooked by retail investors, positions Ethereum as a crucial component within the blockchain ecosystem and a prime investment opportunity for substantial gains in the crypto market.
- Shiba Budz Emerges as a Serious Rival in the Meme Coin Arena
- Mar 23, 2024 at 12:02 am
- Shiba Budz (BUDZ), a rival meme coin to Shiba Inu (SHIB), is experiencing a surge in popularity and price, posing a challenge to SHIB's market dominance. Experts weigh in on the factors behind this rise, including recognition as a viable alternative, positive market sentiment, and effective marketing. BUDZ's growth highlights the evolving nature of the meme coin landscape and the intense competition within the market.
- Coinbase Expands Crypto Empire with RON Listing
- Mar 23, 2024 at 12:02 am
- Coinbase, the largest US-based crypto exchange, has listed RON, allowing its 73 million users to buy, sell, and hold the token. Ronin, the Ethereum blockchain for gaming, utilizes RON as its native token for transactions and governance. The listing on Coinbase aligns with Ronin's goal of increasing accessibility for Web3 gaming, where tokenized rewards and NFTs play a significant role. Ronin's popularity has surged, with a 500% increase in addresses, primarily due to its adoption by games like Pixel and Axie Infinity.
- Healix Protocol and HLX Token Presale Poised to Transform Crypto Arena
- Mar 23, 2024 at 12:02 am
- Prepare for a paradigm shift in the crypto world with the advent of Healix Protocol and its HLX token presale. While established coins remain prominent, Healix Protocol emerges as a groundbreaking force, poised to redefine the finance landscape through its innovative blockchain solutions in healthcare. As experts predict a surge in HLX token value, this presale presents an unparalleled opportunity for investors to gain early access to a transformative project.
- Bear Market Bites: Cardano Tumbles, Arbitrum Reels, BlockDAG Shines in Presale
- Mar 23, 2024 at 12:02 am
- The crypto market remains bearish, with altcoins like Cardano experiencing price corrections. Cardano's recent 20% drop has raised concerns, while Arbitrum faces potential downturns due to token unlocks. However, the presale market thrives, with BlockDAG emerging as a standout performer, attracting investors with its 5000x potential return and innovative offerings.
- Bitcoin's Trajectory Echoes Past Halving Cycles: Investors Anticipate Market Dynamics
- Mar 23, 2024 at 12:01 am
- Bitcoin's current trend mirrors its trajectory during a previous halving cycle. Leading up to the event, Bitcoin typically experiences an upswing in value. This is followed by a period of correction or consolidation before a post-halving surge. The third halving in 2020 saw Bitcoin rise by approximately 2,000%, albeit less than prior cycles. Notably, institutional investors have shown growing interest in Bitcoin, signaling its evolving status within the financial landscape. Experts anticipate the next halving will likely occur in April or May, potentially triggering a bullish market cycle.
- Sovereign Wealth Funds Eye Bitcoin Bonanza, But Analysts Sound Caution
- Mar 23, 2024 at 12:01 am
- The prospect of sovereign wealth funds investing in Bitcoin faces skepticism. Fadi Aboualfa of Copper contends that traditional assets outweigh Bitcoin's appeal, highlighting the advantage of 5-6% risk-free returns from five-year bonds. However, he suggests that countries seeking financial independence from the dollar-dominated system may find Bitcoin appealing for its geopolitical risk mitigation capabilities.
- Bitcoin Poised for a Rally Despite Pullback, Halving in April and Shifting Wall Street Views
- Mar 23, 2024 at 12:01 am
- Despite recent declines, Bitcoin prices remain elevated due to enthusiasm for spot Bitcoin ETFs and the upcoming halving event in April. Anthony Pompliano of Pomp Investments suggests that BTC has broken traditional patterns, making future price predictions uncertain. Pompliano highlights the potential impact of Bitcoin on global elections and invites viewers to watch the full episode of Yahoo Finance Live for further expert insights and market updates.
- SEC Subpoena Probe Raises Stakes for Ethereum's Security Classification
- Mar 23, 2024 at 12:01 am
- The Securities and Exchange Commission (SEC) has launched an investigation into Ethereum, issuing subpoenas to companies involved with the Ethereum Foundation. The SEC's probe centers on whether Ethereum should be classified as a security, which could significantly impact the cryptocurrency industry. Ethereum's potential classification as a security raises concerns about stricter controls on trading and the functionality of projects built on its blockchain. Furthermore, the investigation casts doubt on the approval of a spot Ethereum ETF.