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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 / 06- Binance Launchpool Surges to All-Time High in Anticipation of Saga Token Listing
- Apr 06, 2024 at 07:01 am
- Binance users have staked more than $13.1 billion worth of Binance Coin (BNB) and stablecoin BUSD to earn a portion of the 45 million SAGA tokens being offered through the cryptocurrency exchange’s Launchpool campaign platform.
- CFPB Warns of Crypto Risks in Gaming, Proposes New Regulation
- Apr 06, 2024 at 07:00 am
- The Consumer Financial Protection Bureau (CFPB) report, "Banking in Video Games and Virtual Worlds," highlights the growing trend of integrating cryptocurrencies into gaming platforms. The report notes the potential for virtual items in popular virtual worlds like Roblox and Fortnite to be traded as crypto-assets, raising concerns about fraud and scams. It also discusses the increasing use of crypto tokens in crypto-asset virtual worlds and the potential for converting them into fiat currency. Consequently, the CFPB proposes a new regulation to expand oversight over larger nonbank companies providing digital wallet and payment services, aiming to address regulatory gaps and protect consumers in the evolving digital finance landscape.
- Bitcoin Cash Poised to Surge Amidst Market Bull Run
- Apr 06, 2024 at 07:00 am
- Amidst surging market momentum, Bitcoin Cash (BCH) embarks on a quest to reach a 3-year high. Despite resistance levels, BCH's allure to investors, as evident in its elevated RSI, coupled with its resilience exemplified by the MVRV ratio, fuels its bullish ascent.
- Bitcoin Consolidation: A Prelude to a Breakout or a Stall?
- Apr 06, 2024 at 07:00 am
- Over the past week, Bitcoin (BTC) has entered a consolidation phase below $69,000. While the lack of significant upward movement has raised some speculation about a potential stagnation in its trajectory, crypto analysts remain optimistic. Captain Faibik suggests a breakout could occur if resistance at $70,000 is surpassed, while Jelle emphasizes patience ahead of the impending Bitcoin Halving. Despite the consolidation, retail trader accumulation suggests growing confidence in Bitcoin's long-term potential, fueling expectations for a rally above $70,000.
- Altcoins Set to Surge: Toncoin, Memecoin Lead the Charge, InQubeta Emerges as Breakout Star
- Apr 06, 2024 at 07:00 am
- Amid the fluctuations in the crypto market, Toncoin (TON) and Memecoin (MEME) emerged as promising contenders set to lead the next altcoin surge. InQubeta (QUBE), a novel AI altcoin, has attracted significant attention with its impressive presale performance, poised for post-launch growth. These tokens present compelling investment opportunities for investors seeking significant returns in the booming cryptocurrency landscape.
- Bitcoin Soars Past $69K, Enduring Government Sale Jitters
- Apr 06, 2024 at 06:59 am
- Bitcoin surged back above $69,000 after slipping below $65,000 amid concerns over U.S. government sales of seized coins. Despite the dip, Bitcoin's strong fundamentals and investor confidence are evident, with net inflow over $534 million on Bybit and Grayscale Bitcoin Trust (GBTC) experiencing positive trends. This suggests continued long-term interest in Bitcoin as a valuable investment.
- Ethena Soars Despite Slight Dip, Whale Activity Signals Massive Accumulation and Optimism
- Apr 06, 2024 at 06:52 am
- Ethena, a rising star in crypto, has experienced a temporary 8% dip after reaching an all-time high shortly after launch. Despite this setback, Total Value Locked (TVL) has surged to over $2 billion, indicating rapid growth. Whale activity has been notable, with the fourth-largest Blast staking whale transferring $970,000 worth of ENA from Binance, while whale 0x9b4 withdrew $3.3M. Ethena Labs has integrated BTC as a backing asset for USDe, enabling significant scalability.
- Leslie's Rose Triumphs at Central Bank Ashland, Earns Kentucky Oaks Berth
- Apr 06, 2024 at 06:51 am
- Whisper Hill Farm's Leslie's Rose claimed victory in the Central Bank Ashland (G1) at Keeneland, defeating champion Just F Y I by 3 lengths. Trained by Todd Pletcher and ridden by Irad Ortiz Jr., Leslie's Rose completed the 1 1/16-mile race in 1:43.85, earning 100 points and securing a spot in the Kentucky Oaks (G1). Just F Y I finished second, earning 50 points, while Impel took third. Leslie's Rose, purchased for $1.15 million at Keeneland's September Sale, has now won three of her four starts and has total earnings of $467,800.
- OKX Launches Zeus Network Token (ZEUS), Debuting Jupiter LFG Launchpad
- Apr 06, 2024 at 06:44 am
- OKX, a leading centralized exchange, has listed the Zeus Network token (ZEUS), marking the inaugural project of the Jupiter LFG Launchpad and opening up the ZEUS/USDT trading pair. Despite a recent price decline, the listing offers traders the opportunity to engage with a groundbreaking permissionless layer that seamlessly integrates Solana and Bitcoin blockchains.
- PEPE Maintains Optimism Amidst Market Correction, Investors Fuel Bullish Outlook
- Apr 06, 2024 at 06:43 am
- Amidst a market correction, PEPE token has found support at $0.00000633. Despite a 26% drop, investor optimism remains high, with tokens shifting from short-term to medium-term holders and whales accumulating. Positive indicators from the Ichimoku cloud suggest a potential rebound to $0.00000826 or even $0.00001000, while a breach of the support level could lead to further declines. Meanwhile, BlockDAG's multi-level presale attracts new supporters and introduces technological advancements to reduce energy consumption, aligning with the growing demand for sustainable crypto innovations.
- MicroStrategy's Stock Skyrockets Amid Bitcoin Surge and ETF Approval
- Apr 06, 2024 at 06:42 am
- MicroStrategy Inc.'s stock has skyrocketed amid the Bitcoin bull market and anticipation of a Bitcoin ETF approval. Analysts believe the Bitcoin Halving event could push demand and prices higher, potentially increasing MicroStrategy's value by 150%. The company views the Halving as a bullish signal and believes it will create scarcity and drive up Bitcoin prices, similar to the effects seen with gold.
- Coinbase Expands Crypto Futures Offerings with ORDI and WLD Perpetual Futures
- Apr 06, 2024 at 06:38 am
- Coinbase to launch perpetual futures contracts for Ordinals (ORDI) and Worldcoin (WLD) on its international exchange and advanced platforms, potentially unlocking a surge in trading activity and influencing spot prices. These contracts, opening on April 11, 2024, could fuel a resurgence in ORDI and WLD, driving prices towards or beyond previous all-time highs, especially in light of the upcoming Bitcoin halving. Coinbase's addition of these futures markets is expected to enhance liquidity and potentially increase volatility.
- Pendle Soars in Value Amid Yield Tokenization Surge
- Apr 06, 2024 at 06:36 am
- Pendle, a cryptocurrency facilitating yield tokenization and trading, has witnessed a 9% surge in its market price, reflecting growing interest and confidence in its potential. With an impressive TVL that has surged from $240 million to nearly $4 billion since the beginning of the year, Pendle's prominence in decentralized finance (DeFi) is evident. Its success is tied to Ethereum's restaking phenomenon and strategic partnerships, including a recent collaboration with Amber Group to offer enhanced yield opportunities. Additionally, Pendle has expanded its Arbitrum Long-Range Token (LRT) lineup with new additions, offering a wider range of APY options. These developments underscore Pendle's commitment to revolutionizing yield tokenization and trading in the cryptocurrency landscape.
- Bitcoin Ascent Pauses Amid Consolidation, Halving Countdown Draws Near
- Apr 06, 2024 at 06:32 am
- Amidst uncertain market dynamics, Bitcoin's recent recovery faces scrutiny with potential downward pressure towards $60,000. Analysts debate the outlook, with some predicting consolidation until the halving event, while others express skepticism about a rally before then. Investors navigate the crossroads of risk versus reward, weighing optimism and prudence as they grapple with the market's volatility and fluctuation.
- Ripple Stablecoin Launch Fails to Ignite XRP; Investors Wary Amid SEC Battle
- Apr 06, 2024 at 06:32 am
- Ripple prepares to launch its US dollar-pegged stablecoin, but XRP's price remains unimpacted, currently trading at $0.587. Despite ongoing legal battles with the SEC, XRP's long-term price prediction remains bullish due to a potential pennant structure breakout. However, analysts highlight alternative investment opportunities like 5thScape, a crypto-powered VR/AR project. With its presale phase offering a significant discount and potential gains of 250%, investors could potentially secure gains of around 1,000% if the project achieves a $500 million market cap. It's crucial to note the high risks associated with crypto investments, and investors are advised to conduct thorough research before making any investment decisions.
- Raffle Coin Emerges as a Promising Investment Amidst Ethereum and Polkadot Evolution
- Apr 06, 2024 at 06:25 am
- The cryptocurrency market experiences constant shifts in investor sentiment, presenting opportunities for up-and-coming projects like Raffle Coin. This innovative platform, built on the Ethereum and Polkadot ecosystems, is garnering attention in the presale phase due to its 50x growth potential. As major blockchain platforms navigate their developments, investors are drawn to Raffle Coin's revenue-sharing model, stringent security measures, and transparent operations.
- Landmark Verdict: US Court Finds Terraform Labs and Do Kwon Guilty of Fraud in SEC Case
- Apr 06, 2024 at 06:20 am
- The United States Securities and Exchange Commission (SEC) has successfully concluded a civil case against Terraform Labs and its co-founder Do Kwon, finding them guilty of fraud. The SEC alleged that Terraform Labs misled investors about the stability of its cryptocurrencies, TerraUSD (UST) and Luna (LUNA), and falsely claimed a partnership with a Korean mobile payment app.
- FTX Creditors Outraged: Solana Holdings Sold at Steep Discount Amidst Bankruptcy
- Apr 06, 2024 at 06:15 am
- FTX creditors have vehemently opposed the bankrupt crypto exchange's decision to sell its Solana (SOL) holdings at a significant discount to crypto venture firms. They allege that it has destroyed billions of dollars in value and question the priorities of FTX's bankruptcy lawyers. Additionally, on-chain data indicates that FTX and Alameda-associated addresses have transferred millions of dollars worth of crypto to centralized exchanges, raising concerns over the ongoing liquidation of creditors' assets.
- Bitcoin's 2028 Halving: A Critical Juncture for Resurgence
- Apr 06, 2024 at 06:15 am
- Bitcoin's 2028 halving presents a potential surge in value, predicting a target of $435K based on historical patterns. This forecast aligns with past halving rallies, albeit with diminishing returns, suggesting a pivotal moment for the cryptocurrency and its investors. The upcoming 2024 halving serves as a litmus test for the 2028 predictions, with data indicating a bullish trend post-halving but a more gradual price increase compared to previous cycles.
- Nyan Heroes Pre-Alpha Demo Surpasses 100K Downloads, Announces Leaderboard Rewards
- Apr 06, 2024 at 06:15 am
- Nyan Heroes, the Solana-based mech shooter, has gathered over 100,000 players since its pre-alpha demo launch on Epic Games Store on March 25. With less than a week until the pre-alpha demo ends on April 9, Nyan Heroes has announced plans to reward top-performing players with leaderboard prizes, including Nyan Heroes Genesis Guardian NFTs and MEOW points towards the future airdrop of the game's NYAN token.