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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 / 09
- Solana Meme Coin 'Jeo Boden' Skyrockets Past $1, Breaches $700M Market Cap
- Apr 09, 2024 at 06:12 am
- Jeo Boden, a Solana-based meme coin inspired by President Joe Biden, reached an all-time high on Monday, temporarily surpassing $1 in a 21% surge. The coin surged amidst a positive sentiment, with commentators anticipating support from both political parties and even former President Donald Trump. Despite its gains, Jeo Boden trails rival MAGA Memecoin TRUMP/USD in market capitalization, leaving room for further upside potential according to social media traders.
- Ether Soars on Renewed Market Confidence, Fueled by Whale Activity and Institutional Interest
- Apr 09, 2024 at 06:10 am
- Ether's recent price surge reflects a renewed focus on the Ethereum ecosystem. Factors contributing to its upward trajectory include heightened whale activity, growing institutional interest in cryptocurrency, and a potential shift in sentiment toward altcoins. Ether's performance against Bitcoin and other cryptocurrencies has also improved, indicating an influx of capital into the Ether market and a strong overall market sentiment.
- Tensor, Solana's Top NFT Platform, Distributes $250M in TNSR Tokens via Airdrop
- Apr 09, 2024 at 06:09 am
- Solana's prominent NFT platform, Tensor, airdropped $250 million worth of TNSR tokens to early users, representing 12.5% of the total supply. The token's value surged initially but has since declined due to selling pressure from airdrop recipients. Tensor emerges as Solana's leading NFT trading platform with significant volume and users, surpassing competitors like Magic Eden.
- Ethereum Blockchain Explorer Hit by a Wave of Phishing Attacks Targeting Users
- Apr 09, 2024 at 06:09 am
- Etherscan, a popular Ethereum blockchain explorer, has been compromised by phishing campaigns through its advertisements. Recent high-profile phishing attacks have led to the theft of over $300 million from victims in 2023. Etherscan's advertisements are now being used to lure users to malicious websites that drain their crypto wallets. The attacks have been facilitated by lack of oversight from ad aggregators, allowing malicious actors to exploit the platform. Experts warn users to be cautious when encountering such scams.
- Ethereum Investment Products See Outflows Amidst Crypto Upswing
- Apr 09, 2024 at 06:08 am
- Ethereum-based investment products have experienced outflows for the fourth consecutive week, contrasting with the positive sentiment in the digital asset sector. Despite Ethereum's price rebound, these products have seen outflows of $22.5 million, while other altcoins such as Litecoin, Solana, and Filecoin attracted inflows. This suggests a shift in investor focus away from Ethereum-based products towards alternative blockchain projects.
- Solana's Biden-Based Meme Coin, Jeo Boden, Soars to New Heights
- Apr 09, 2024 at 06:07 am
- Solana-based meme coin Jeo Boden, a parody of President Joe Biden, reached a new all-time high on Monday, briefly surpassing the $1 mark with a 21% surge. Currently trading around $0.88 cents, BODEN has a market cap exceeding $600 million, surpassing its political rival MAGA Memecoin. Social media commentators predict further upside for BODEN, with some anticipating a market cap of $50 billion. Despite a significant rally, BODEN would need a substantial surge to outpace Shiba Inu's current market capitalization.
- Retik Finance Soars to Top 1% Coin in 2024, Redefining DeFi
- Apr 09, 2024 at 06:07 am
- Retik Finance (RETIK), a rising star in decentralized finance (DeFi), offers a secure, transparent, and innovative alternative to market leaders like Solana (SOL) and Ethereum (ETH). RETIK prioritizes security and user empowerment, providing a diverse range of financial products and services that cater to the evolving needs of its global user base. As a top 1% coin in 2024, RETIK offers a compelling value proposition for investors seeking alpha and portfolio diversification in the rapidly evolving crypto market.
- Chinese Equity Funds Seek Approval for Spot Bitcoin ETFs in Hong Kong
- Apr 09, 2024 at 06:06 am
- Chinese mainland-based equity funds have reportedly applied to introduce spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries, amidst a crypto price surge and Hong Kong's efforts to become a global fintech hub. Harvest Fund Management's Hong Kong branch has been awaiting approval from the Securities & Futures Commission (SFC) since January, having previously launched futures crypto ETFs in December 2022.
- Surge in Bitcoin ETFs Fuels Investor Demand
- Apr 09, 2024 at 06:05 am
- Bitcoin ETFs continue to attract investor interest, with Farside data showing a $203.0 million net inflow on April 5th, marking the fourth consecutive day of positive flows. BlackRock's IBIT stands out, recording a significant net inflow of $308.8 million, bringing its total net inflow close to $15 billion.
- Unlocking Crypto's Potential: HUMP, ONDO, and Dogecoin to Surge in April 2024
- Apr 09, 2024 at 06:05 am
- Three promising cryptocurrencies for substantial investment in April 2024 are HUMP, ONDO, and Dogecoin. HUMP boasts steady growth and a potential for significant returns, bolstered by its listing on CoinGecko and CMC. ONDO leverages blockchain technology to enhance digital interactions, offering potential growth opportunities due to its innovative solutions and strong community support. Despite its initial status as a joke cryptocurrency, Dogecoin has gained widespread adoption and potential for diversification.
- PancakeSwap and Stryke Team Up to Revolutionize DeFi with CLAMM Options Trading
- Apr 09, 2024 at 06:03 am
- PancakeSwap and Stryke have collaborated to introduce CLAMM Options Trading on the Ethereum sidechain. CLAMM, a new DeFi trading type, offers American style options with expirations ranging from one hour to 24 hours. This partnership provides PancakeSwap users with access to CLAMM on a familiar interface, while Stryke users benefit from deeper liquidity by selecting PancakeSwap as the underlying DEX. The innovative liquidity model of CLAMM, where liquidity providers offer options for sale and receive premiums, reduces trading costs and lowers risks for option sellers, revolutionizing the DeFi trading landscape.
- Crypto Allegiances Shift: Ethena (ENA) Holders Embrace Shiba Budz (BUDZ)
- Apr 09, 2024 at 06:03 am
- Holders of Ethena (ENA) are strategically shifting their investments to Shiba Budz (BUDZ), a new entrant set to disrupt the cryptocurrency market. Priced attractively at $0.04 and boasting innovative features, BUDZ presents an appealing opportunity for diversification and potential growth. The buzz surrounding BUDZ, coupled with its upcoming listing, has generated excitement among the crypto community, particularly those holding ENA. This shift highlights the dynamic nature of cryptocurrency investments and the ever-evolving search for higher returns in a fast-paced market.
- Swaap Earn: A DeFi Game-Changer Empowering Liquidity Providers with Cash-Rich Rewards
- Apr 09, 2024 at 06:02 am
- Swaap Labs introduces Swaap Earn, an innovative DeFi platform that empowers liquidity providers to earn higher returns by contributing to DeFi pools. With its user-friendly interface and integrations with major DeFi protocols like Lido and Aave, Swaap Earn simplifies the investment process and allows users to earn passive income through market-making strategies.
- Cryptocurrency Quandary: Amidst Regulatory Uncertainty, Retik Finance Emerges as a Smart Choice
- Apr 09, 2024 at 06:01 am
- Navigating the cryptocurrency market requires a cautious approach due to regulatory uncertainties and concerns over centralization. While Ripple (XRP) and Cardano (ADA) have garnered attention, regulatory scrutiny and centralization issues cast doubt on their potential. Emerging from this backdrop, Retik Finance (RETIK) presents a promising alternative, bridging traditional finance and cryptocurrency. The decentralized payment network, commitment to transparency, and vision for financial empowerment position Retik Finance as a smart investment choice, offering opportunities to capitalize on the evolution of financial interactions.
- Chinese Mutual Fund Giants Dive into Bitcoin ETFs, Reshaping Investment Strategies in the Crypto Era
- Apr 09, 2024 at 06:01 am
- Chinese mutual fund giants are venturing into Bitcoin ETFs, seeking regulatory approval for their launch in the second quarter. Jiashi Fund and Southern Fund subsidiaries have already applied for the creation of Bitcoin ETFs, signaling renewed interest in digital assets despite previous restrictions. Hong Kong has emerged as a hub for these endeavors due to its favorable regulatory framework, with over 220 Web3 companies operating in the region. The robust performance of Bitcoin, which has soared in value, has further bolstered the enthusiasm for spot ETFs.
- Shiba Inu Token (SHIB) Surges 3% on Whale Transfer and Market Optimism
- Apr 09, 2024 at 06:01 am
- The Shiba Inu token (SHIB) witnessed a 3% surge within the last 24 hrs, currently valued at $0.00003. This upswing aligns with a substantial rise in Ether (ETH), surpassing $3.6, fostering optimism in the cryptocurrency market.
- Second Circuit Court Ruling Reshapes Rules for Cryptocurrency Resales
- Apr 09, 2024 at 06:01 am
- A US court ruling has reshaped the regulatory landscape for cryptocurrencies, concluding that secondary sales of cryptocurrencies on Coinbase do not fall under the Securities Exchange Act of 1934. This victory for Coinbase provides clarity for crypto investors and exchanges but does not eliminate all regulatory uncertainty. The ruling highlights the ongoing debate over cryptocurrency regulation, underscoring the need for clear and comprehensive guidelines.
- Whale Exodus: Ripple and Cardano Dumped as Big Money Floods into Small-Cap Token $HUMP
- Apr 09, 2024 at 06:01 am
- In the volatile cryptocurrency market, whales' activities significantly impact prices. Recently, whales have dumped prominent cryptocurrencies Ripple (XRP) and Cardano (ADA), redirecting their capital towards the small-cap token $HUMP. This article explores the motivations behind these whale movements, the impact on XRP and ADA, and the potential of $HUMP as a promising investment opportunity.
- Solana Predicted to Outperform Ethereum in Significant Surge
- Apr 09, 2024 at 06:01 am
- According to Peter Brandt, a renowned crypto trader, Solana (SOL) presents a potential growth opportunity against Ethereum (ETH), with a possible price appreciation of up to 100%. Brandt's technical analysis suggests that a break above resistance in the SOL/ETH pair could lead to significant gains for SOL.
- Former BitMEX CEO Arthur Hayes Dumps Massive GMX Holdings
- Apr 09, 2024 at 06:00 am
- Former BitMEX CEO Arthur Hayes has recently sold over 230,000 GMX tokens, previously held since 2022, to Wintermute Trading. Hayes, initially the largest GMX holder, had invested $5.17 million in the decentralized exchange's native token. The sale, potentially netting a $3.2 million profit, has sparked speculation among investors and analysts about a possible token dump.