|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 / 04
- Wormhole Hacker May Have Claimed Airdrop Before Massive Heist
- Apr 04, 2024 at 05:56 pm
- An airdrop checker from Solana indicates that the hacker responsible for the $320 million Wormhole bridge attack in 2022 was eligible to claim a $50,000 airdrop from Wormhole. The researcher said that the Wormhole team had neglected to remove many wallet addresses associated with that attack. The hacker would have had access to around 31,642 Wormhole (W) tokens, or almost $50,000 at current values, if they had claimed the airdrop.
- Crypto Optimism Ebbs, but Prices Poised to Skyrocket
- Apr 04, 2024 at 05:53 pm
- Crypto traders' bullish sentiment has seen a significant decline since October 2023. However, analysts at Santiment argue that this reduced long-term optimism may not adversely affect prices. The recent market correction has led to a sharp correction in Solana-based meme coins, including Dogwifhat, Bonk, Slerf, and Ponke. Despite this, Santiment analysts maintain that cryptocurrency prices are likely to remain elevated as trader optimism persists.
- Binance Launches Saga Launchpool, Offering Rewarding Incentives for Participation
- Apr 04, 2024 at 05:52 pm
- Binance Launchpool introduces Saga (SAGA), the 51st project on the platform, allowing users to stake BNB and FDUSD to farm SAGA tokens. The Launchpool project will commence shortly, enabling users to participate for four days and earn SAGA tokens. The project expands Binance's ecosystem and encourages user involvement with real incentives. Upon listing on Binance on April 9, 2024, SAGA will have trading pairs in SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY.
- Institutional Investors Surge into Bitcoin ETFs, Fueling Price Rally
- Apr 04, 2024 at 05:50 pm
- Outflows from the Grayscale Bitcoin Trust (GBTC) have significantly decreased, reaching $75 million on April 3rd, indicating a shift in investor sentiment and potential Bitcoin rally. This coincides with a notable increase in Bitcoin ETF inflows and growing institutional interest, suggesting a pivotal moment for cryptocurrency markets.
- Franklin Templeton Embraces Bitcoin Ordinals, Reshaping Digital Asset Perception
- Apr 04, 2024 at 05:49 pm
- Amidst the ongoing debate within the crypto community surrounding Bitcoin Ordinals, financial giant Franklin Templeton has emerged as an unexpected supporter, highlighting the growing influence of these digital collectibles in the digital asset ecosystem.
- Shiba Inu Roars to Dominance on WazirX, Surpassing Bitcoin as Most Traded Asset
- Apr 04, 2024 at 05:47 pm
- Shiba Inu, the second-largest meme cryptocurrency, surged to a two-year high in March and became the most traded digital asset on WazirX, India's leading cryptocurrency exchange. Shiba Inu's recent popularity may have contributed to its top ranking, surpassing even Bitcoin and Dogecoin on the platform. Despite a recent setback, analysts forecast a potential bull run and price surges for the coin.
- Goldman Sachs Sticks to Crypto Skepticism Amidst Bitcoin ETF Frenzy
- Apr 04, 2024 at 05:47 pm
- Despite growing interest in Bitcoin ETFs on Wall Street, Goldman Sachs remains skeptical, with Sharmin Mossavar-Rahmani expressing her firm's belief that cryptocurrencies lack investment value due to their unmeasurable worth and speculative nature.
- DePINs: The Rising Tide of Decentralized Infrastructure in Crypto
- Apr 04, 2024 at 05:47 pm
- Decentralized physical infrastructure networks (DePINs) are gaining popularity, and Sui blockchain supports several promising projects within this space. DePINs provide decentralized infrastructure for data storage, computing, and energy, offering services such as GPU rendering and storage solutions. By connecting providers and users, DePINs foster a flywheel effect, generating revenue and attracting more participants, leading to the growth of the sector. Notable DePIN projects on Sui include Karrier One, which focuses on affordable connectivity, and Chirp, a decentralized telecom network operating globally with IoT and mobile solutions.
- BitMEX Founder Predicts Massive Spike for Ethena Altcoin, Projects Surge of Over 817%
- Apr 04, 2024 at 05:47 pm
- Prominent crypto investor Arthur Hayes predicts a surge in the value of Ethena (ENA), a DeFi token launched by Ethena Labs. Hayes anticipates an 817% increase from its current price, citing the project's potential to revolutionize finance by creating a stable and scalable digital currency. ENA has experienced a 25% surge within the past 24 hours and is now trading on Binance, the world's largest cryptocurrency exchange.
- Bitcoin vs. Gold: Clash of Investing Titans
- Apr 04, 2024 at 05:46 pm
- The debate on storing wealth reignites as Bitcoin and gold lock horns. Bitcoin proponent Peter Brandt sees Bitcoin dethroning gold, citing a rising trend against gold in the past 12 years, while Bloomberg's Eric Balchunas highlights recent investor interest in gold surpassing a popular Bitcoin ETF.
- Altcoin Tracker: BCH, JUP, and KANG Set for April Surge
- Apr 04, 2024 at 05:46 pm
- April's crypto spotlight features Bitcoin Cash (BCH), Jupiter (JUP), and KangaMoon (KANG) as altcoins with potential for significant growth. Bitcoin Cash exhibits a bullish trend, approaching a crucial resistance level, while Jupiter aims to surpass its previous ATH. KangaMoon, with its unique blend of GameFi and SocialFi, has achieved milestones such as crossing the $4M presale funding mark and is expected to be listed on tier 1 exchanges in Q2 2024. Analysts predict substantial appreciation for KANG, with a possible surge to $1 in 2023.
- Ethereum Layer 2 Networks Poised to Hit $1 Trillion Market Value by 2030: VanEck Report
- Apr 04, 2024 at 05:46 pm
- In a recent report, investment manager VanEck predicts that Ethereum's Layer 2 scaling networks could reach a market cap of $1 trillion by 2030. Analysts highlight Layer 2's potential to enhance blockchain scalability and efficiency, focusing on addressing Ethereum's limited processing capacity. The report explores various aspects of the Layer 2 ecosystem, including developer and user experience, trust assumptions, transaction pricing, and ecosystem size.
- Navigating the Cryptosphere in 2024: Key Trends Reshaping the Digital Currency Landscape
- Apr 04, 2024 at 05:45 pm
- Binance Research explores the crypto industry's key trends in 2024, highlighting five areas of innovation: scalability and fairness, data usability and tooling, security and privacy, cloud computing, and connectivity. The report analyzes blockchain ecosystems, including infrastructure, decentralized finance (DeFi), and protocols in each sector, providing insights on project leaders and developments within the rapidly evolving cryptocurrency market.
- April 2024: Cryptocurrency Market Pivots with Play-to-Earn Surge
- Apr 04, 2024 at 05:45 pm
- April 2024 is poised to be a pivotal month for the cryptocurrency market, with industry analysts predicting a surge in investment activity driven by the rise of Web3 technologies and the Play-to-Earn (P2E) sector. This article analyzes three promising contenders: Scorpion Casino (SCORP), Stacks (STX), and Cosmos (ATOM), to help investors navigate the P2E landscape and potentially unlock 10x returns.
- DWS Revolutionizes Crypto Market with Bitcoin and Ethereum ETPs
- Apr 04, 2024 at 05:44 pm
- DWS has introduced two ETPs (exchange-traded products) tracking Bitcoin and Ethereum on the Deutsche Boerse. Xtrackers Galaxy Physical Bitcoin ETC Securities (XXBT) and Xtrackers Galaxy Physical Ethereum ETC Securities (XETH) have a low TER of 0.35% and physically back cryptocurrencies with custodian services provided by Zodia Custody and Coinbase. These ETPs, part of a broader partnership between DWS and Galaxy, are available in euro and USD-hedged currencies, providing investors exposure to the two largest cryptocurrencies by market capitalization.
- KuCoin Launches $30K Prediction Challenge for Top Crypto Asset Performers
- Apr 04, 2024 at 05:44 pm
- KuCoin launches a prediction challenge, offering a $30,000 prize pool. Participants can predict which of the top crypto assets (XRP, BTC, ETH, SOL, ROOT) will experience the highest daily price gain. The challenge spans multiple rounds and requires a minimum trading volume. Correct predictions earn a share of the daily $5,000 prize pool, while the ultimate winner with the most correct predictions receives a $10,000 grand prize.
- Bitcoin Momentum Stalls at $66K as Altcoins Sell Off
- Apr 04, 2024 at 05:43 pm
- Bitcoin (BTC) has been hovering just above $66,000 despite initial dips below the level. Altcoins, including Solana (SOL), Dogecoin (DOGE), and Polkadot (DOT), have declined in value. Bitcoin Cash (BCH) stands out as a top performer following its second halving, which reduced rewards per block to 6.25 BCH. The overall cryptocurrency market cap remains around $2.6 trillion.
- Pi Network Crypto Plummets 98%, Raising Rug Pull Concerns
- Apr 04, 2024 at 05:41 pm
- Pi Network, a mobile mining platform, has seen its native token, PI, plunge by 98% on some exchanges, raising concerns about a potential rug pull. While the token continues to trade near $40 on other exchanges, the sudden drop on certain platforms has sparked speculation of manipulation or a mass sell-off. The Pi Network team has not yet responded to inquiries regarding the price discrepancy.
- Crypto Updates: TRON Offers Stability, Bitcoin Dominates, Kelexo Presale Draws Attention
- Apr 04, 2024 at 05:41 pm
- TRON (TRX) offers stability for supporters with its significant USDT supply, staking benefits, and a stable market price ranging from $0.03 to $0.15. Bitcoin (BTC), the largest cryptocurrency, remains attractive to veterans and mainstream investors despite recent price corrections. Kelexo (KLXO), a promising project set to launch in 2024, introduces an early-stage presale with incentives for long-term holders, including passive income opportunities and voting rights.
- Koala Coin Debuts as a Cryptocurrency Trailblazer, Captivating Avalanche and Solana Communities
- Apr 04, 2024 at 05:40 pm
- In the realm of cryptocurrencies, Koala Coin (KLC) emerges as a captivating player, attracting attention from Avalanche (AVAX) and Solana (SOL) enthusiasts. This community-driven token blends meme magic with financial opportunities, inviting everyone to share in its laughter, dreams, and potential financial rewards. Koala Coin (KLC) stands apart, offering governance rights, staking rewards, and a vibrant community atmosphere.