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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 / 02- Spot Bitcoin ETFs Lose Steam as Net Inflows Shrink
- Apr 02, 2024 at 09:01 pm
- The crypto market witnessed a shift with net inflows of $862 million in the past week, but spot Bitcoin ETFs have seen a decline in demand, with daily trading volumes dropping 36% since peaking in early March. Bitcoin dominated digital asset inflows, driven by spot BTC ETFs recording $1.8 billion in inflows, despite the Grayscale Bitcoin Trust (GBTC) experiencing significant outflows. The ongoing outflows from GBTC have raised concerns about selling pressure on BTC prices, which have dropped $4,000 in the past 24 hours.
- Bitcoin's Plunge: Analyst Suggests Correction Could Fuel Long-Term Gains
- Apr 02, 2024 at 09:01 pm
- Bitcoin (BTC) has experienced a significant price decline, falling below $66,000 after holding steady above $69,000 for several days. Crypto analyst Ali Martinez believes that a 30% correction in BTC's price could be bullish for the long run, providing a better entry point for new investors and leading to an influx of liquidity.
- Ethereum Bears Dominate as Vitalik Buterin Drops Blueprint for Future Altcoin Enhancements
- Apr 02, 2024 at 09:01 pm
- Ethereum's price dipped below $3,362 on Tuesday amidst a wider market decline. Vitalik Buterin's proposal for "The Purge" aims to enhance Ethereum's decentralization, potentially indicating long-term growth. Solana faced a decline in price, despite substantial inflows from institutional investors, possibly due to reduced on-chain activity and a slowdown in inflows. The strengthening US Dollar emerged as a potential contributing factor to Bitcoin's weakness.
- PUSSE: Solana's Meme Coin Revolution
- Apr 02, 2024 at 09:00 pm
- PUSSE, the new Solana meme coin, is making waves with its presale on April 1st, offering early access, zero taxes, and a chance to share in its meme coin success. With a strong community, an audit badge from PinkSale, and support from influencers and YouTubers, PUSSE aims to revolutionize the meme coin space on Solana.
- Milei Moneda ($MEDA): Primed to Outshine Binance Coin (BNB) and Solana (SOL) in the Crypto Realm
- Apr 02, 2024 at 09:00 pm
- As the crypto market rallies, BNB and SOL have shown impressive growth, leading analysts to believe Milei Moneda ($MEDA) may be the next altcoin to surge. With its limited token supply and successful presale launch, $MEDA has captured attention for its potential to deliver significant gains.
- Tether's Strategic Bitcoin Purchase Bolsters USDT Reliability, Strengthens Bitcoin
- Apr 02, 2024 at 09:00 pm
- Tether, issuer of the USDT stablecoin, has significantly increased its Bitcoin reserves, purchasing 8,888 BTC worth $618 million on March 31. This brings their total Bitcoin holdings to 75,354, valued at approximately $5.2 billion. The move aligns with Tether's diversification strategy and reflects the growing institutional interest in Bitcoin, which has surpassed 75,000 BTC in Tether's holdings, making it one of the largest cryptocurrency players globally.
- Dogecoin Plunges Double Digits in Market-Wide Correction
- Apr 02, 2024 at 09:00 pm
- Dogecoin's price has plummeted by double digits, erasing most of its recent gains and plunging into the red along with the broader market. The decline follows a negative market reaction to data showing a rise in manufacturing activity without corresponding job growth or price reduction. Dogecoin's drop mirrors Bitcoin's 5% decline, underscoring its sensitivity to market fluctuations.
- Tether's Acquisition Fails to Halt Bitcoin Price Drop
- Apr 02, 2024 at 09:00 pm
- Amidst recent news of Tether's substantial Bitcoin purchase (8,888 BTC), the cryptocurrency market has witnessed a surprising price dip below $70,000. Despite Tether's significant BTC holdings, the market has been subject to multiple factors overshadowing the impact of the purchase, including liquidations on retail-heavy exchanges, outflows from Spot Bitcoin ETFs, and increased selling pressure in the derivatives market.
- Tether's Hefty Bitcoin Buy Fails to Bolster Price Amidst Market Pressures
- Apr 02, 2024 at 09:00 pm
- Despite Tether's recent acquisition of 8,888 Bitcoin, the cryptocurrency's price has fallen below $70,000. This unexpected dip is attributed to factors such as liquidations on Binance, outflows from Grayscale's GBTC ETF, and bearish sentiment in the derivatives market, overshadowing the bullish impact of Tether's purchase.
- Scorpion Casino Emerges as a Crypto Investment Powerhouse, Offering Unparalleled Rewards and Growth Potential
- Apr 02, 2024 at 09:00 pm
- In a fiercely competitive market, Scorpion Casino ($SCORP) emerges as a frontrunner and rising star in crypto investments, alongside notable contenders Aptos (APT) and Internet Computer (ICP). With over $10 million raised in presale, Scorpion Casino introduces a groundbreaking rewards system that guarantees daily passive income for token holders, mirroring the casino's performance. This innovative model provides a consistent income stream for investors, regardless of market volatility.
- BOME Soars 20% Amid Market Chaos, Defying Crypto Turmoil
- Apr 02, 2024 at 09:00 pm
- Book of Meme [BOME] surged nearly 20% amidst a bearish market, exhibiting resilience against the prevailing selling pressure. Despite a retracement below the 78.6% Fibonacci level, the 4-hour chart maintained a bullish structure, supported by an uptick in RSI above neutral 50. However, the lack of sustained buying pressure, as indicated by a low OBV, and muted Funding Rates raise concerns about the longevity of the breakout.
- OpenAI Knocks Down Sign-Up Wall for ChatGPT, Expanding AI Reach
- Apr 02, 2024 at 09:00 pm
- OpenAI has eliminated the sign-up requirement for accessing its popular AI language model, ChatGPT, making it available to more individuals globally. This aligns with OpenAI's mission of providing broad access to transformative AI technology. By removing the barrier, OpenAI aims to expand the user base for ChatGPT, which has already garnered over 100 million users from 185 countries.
- Tether's Bitcoin Buyout and AI Dive: Ambitious Moves for Crypto Dominance
- Apr 02, 2024 at 09:00 pm
- Tether recently acquired 8,889 BTC, augmenting its Bitcoin reserves to over 75,000 BTC, driven by a strategic intent to bolster its position in the cryptocurrency market. The move, part of a broader diversification strategy, reflects Tether's confidence in Bitcoin's long-term value appreciation and its commitment to capitalizing on the growth potential of cryptocurrencies.
- BlockDAG's Presale Success Amidst Crypto Market Fluctuations Paves the Way for Innovation
- Apr 02, 2024 at 09:00 pm
- Amidst the cryptocurrency market's volatility, BlockDAG (BDAG) has emerged as a standout success, raising an impressive $12 million in its ongoing presale. Boasting a well-defined roadmap and cutting-edge technology, BlockDAG aspires to achieve a $600 million milestone by 2024, attracting the attention of investors seeking a stake in the future of decentralized finance. Its presale, now in batch 6, has sold out consistently, fueling market interest and anticipation for its upcoming mainnet launch and projected 10,000x growth potential post-launch.
- Octoblock: A Sustainable Blockchain Investment Alternative for Pepe Coin Holders
- Apr 02, 2024 at 09:00 pm
- With the meme coin market presenting limited growth opportunities, investors may shift towards promising decentralized finance (DeFi) ecosystems like Octoblock (OCTO). Octoblock combines a comprehensive DeFi suite, profit sharing mechanisms, and social responsibility initiatives. Its Coral Cove swap platform enhances asset management across blockchain networks. The limited supply of OCTO tokens and ICO bonuses provide incentives for investment, making it a compelling alternative to meme coins like Pepe Coin (PEPE).
- Unveiling the Secrets of Crypto's Explosive Growth: A Comprehensive Guide for Investors
- Apr 02, 2024 at 09:00 pm
- Distinguishing crypto projects poised for explosive growth requires a discerning eye. Three prominent signs indicate a project's potential for a moonshot: a thriving community with passion and purpose, demonstrated by active online forums, a clear roadmap, and a unique value proposition; growing adoption and integration, evidenced by partnerships with established businesses, seamless integration with DeFi protocols, and listings on reputable exchanges; and innovation and active development, showcased by the utilization of cutting-edge technology, continuous feature rollouts, and transparent communication regarding development progress. Understanding these signs and exercising due diligence, including diversification and research, enhances the likelihood of identifying and potentially profiting from the next crypto moonshot.
- Tezos Blockchain Enhances Foundation Council with Former French Minister Fleur Pellerin
- Apr 02, 2024 at 09:00 pm
- Fleur Pellerin, a former French minister and venture capitalist, has joined the Tezos Foundation Council. Pellerin brings her experience in government, technology, and finance to the Council, which is responsible for the strategic direction of the Tezos blockchain. Her appointment is expected to strengthen the Tezos ecosystem and contribute to its growth and decentralization.
- Cryptosphere Poised for Seismic Surge: Hidden Gems Primed for Market Dominance
- Apr 02, 2024 at 09:00 pm
- Anticipating Bitcoin's halving, the crypto market buzzes with predictions of a surge, potentially reaching $200,000. Amidst this pivotal event, certain cryptos stand out as potential gems, poised to shine in the upcoming rally. These pre-bull run assets, including BlastUP, Jupiter, Starknet, Dymension, and JTO, present intriguing investment opportunities with promising growth potential.
- Crypto-AI Fusion: Unlocking Technological Revolution through Symbiosis
- Apr 02, 2024 at 09:00 pm
- As the crypto market embraces artificial intelligence (AI), AI-adjacent cryptocurrencies are poised to lead the narrative in 2023. Three key areas stand out: crowdsourced computing power, AI agents and the Internet of Things, and data ownership and rights. By leveraging blockchain technology, these cryptocurrencies provide solutions to challenges faced by the AI industry, ranging from chip shortages to data provenance and sovereignty.
- Clearpool Revolutionizes DeFi with Credit Vaults Launch on Avalanche
- Apr 02, 2024 at 09:00 pm
- Clearpool, a credit marketplace, has expanded to Avalanche with the launch of Credit Vaults, a real-world asset (RWA)-backed product that offers stable rates and liquidity to on-chain borrowers. This collaboration with Avalanche aims to revolutionize DeFi by providing greater flexibility for borrowers and optimizing interest rates for lenders. Founding institutions, including Banxa and Cauris, recognize the potential of Credit Vaults to transform the RWA DeFi sector and drive institutional adoption.