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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 / 04
- Wormhole Rolls Out Multi-Chain Vision with Token Airdrop and Ambitious Roadmap
- Apr 04, 2024 at 06:00 am
- Wormhole Protocol, a cross-chain communication protocol, recently launched an airdrop campaign for its W governance token, rewarding early users with 617 million tokens. The protocol also unveiled a roadmap aiming to expand W to all Wormhole-connected EVM chains and introduce a cross-chain governance system where token holders can participate in decision-making regardless of their chosen blockchain, effectively creating a multi-chain token ecosystem.
- Ethena's USDe Under Investigation After Controversial MakerDAO Partnership
- Apr 04, 2024 at 06:00 am
- Ethena's USDe has faced criticism after a deal with MakerDAO, with Aave proposing the delisting of DAI as collateral due to concerns over exposure to risk. The deal extends a 100 million DAI loan to USDe, potentially exposing up to 12% of DAI reserves to risks associated with USDe's unique backing and susceptibility to market conditions.
- BlockDAG Blazes Trail, Outshines Algorand and RAFF with Presale Triumph and Technological Prowess
- Apr 04, 2024 at 06:00 am
- BlockDAG emerges as a trailblazer in the crypto world, eclipsing competitors with its impressive $12.4 million presale. This achievement, coupled with the unveiling of an innovative whitepaper, establishes BlockDAG Network as a force to reckon with. The coin's advanced architecture and potential for astronomical returns have positioned it at the forefront of blockchain innovation, attracting investors and enthusiasts alike. BlockDAG's strategic advancements are poised to reshape the crypto ecosystem, setting new benchmarks and outpacing competitors.
- MakerDAO, Aave DAO Clash over Strategic Differences, Proposal to Sever Ties
- Apr 04, 2024 at 06:00 am
- Tensions intensify between MakerDAO and Aave DAO as a recent Aave DAO proposal aims to cut ties with MakerDAO. The proposal stems from concerns over MakerDAO's controversial plan to back DAI with the synthetic dollar USDe, perceived as a high-risk move. The proposal aligns with growing tensions between the two projects, including Aave's penalizing users for using competing protocols and MakerDAO's planned withdrawal of funding from Aave development. The simmering feud threatens to impact users' experiences across both platforms.
- Ethereum Navigates Amidst Price Volatility and Negative Sentiment, While Furrever Token Soars
- Apr 04, 2024 at 06:00 am
- Amidst the recent market turmoil, Furrever Token (FURR) has emerged as a beacon of resilience, raising over $600,000 in its presale within a month. This success stands in contrast to setbacks faced by Bitcoin, Ethereum, and Shiba Inu, highlighting the growing enthusiasm surrounding FURR and its potential to revolutionize the cryptocurrency space.
- Cryptological Unleashes Meme Revolution with Private Sale, Token Launch
- Apr 04, 2024 at 05:59 am
- Cryptological, a fintech innovator, announces its private sale and meme launchpad launch on Stacks blockchain. This platform empowers meme creators and enthusiasts with Mazukamba, a utility token, and offers a range of features including pre-sales, audited smart contracts, and airdrops. Built on Stacks blockchain, Mazukamba leverages the decentralization of Bitcoin and the upcoming "Nakamoto" upgrade for seamless onboarding of meme projects.
- BIS Unveils Project Agorá, Revolutionizing Monetary System with Blockchain
- Apr 04, 2024 at 05:55 am
- The Bank for International Settlements (BIS) has unveiled Project Agorá, an initiative exploring blockchain technology to enhance the monetary system. Utilizing tokenization, the project, which involves major central banks and private financial firms, aims to improve existing capabilities, introduce new functionalities, and streamline cross-border payments.
- Bitcoin Expert Identifies 10 Undervalued Altcoins with Huge Upside Potential
- Apr 04, 2024 at 05:55 am
- Amidst a market correction, Bitcoin analyst Michaël van de Poppe highlights ten undervalued altcoins offering buying opportunities at current prices. Despite market sentiment, Poppe believes profit potential lies in undervalued assets. Notably, the analyst emphasizes the resilience of altcoins relative to Bitcoin, indicating a consolidation phase and potential undervaluation. Among his top picks are Chainlink (LINK), Celestia (TIA), Arbitrum (ARB), Polkadot (DOT), dYdX (DYDX), Cosmos (ATOM), SEI, WooNetwork (WOO), Skale Network (SKL), and Covalent (CQT).
- Positive Sentiment Returns to Digital Asset Investment Products Amidst Market Rebound
- Apr 04, 2024 at 05:54 am
- Digital asset investment products experienced a sentiment shift in late March, with inflows reaching $862 million despite ETF activity slowing down. Bitcoin led with $865 million in inflows, while Ethereum saw outflows for the fourth consecutive week. Solana dominated altcoin inflows with $6.1 million, followed by Filecoin, Polkadot, and Chainlink. Regional divergence persists, with the US experiencing inflows while Europe and Canada see outflows reaching $49 million.
- Stablecoin Wallets Emerge as a Lifeline in Face of Unstable Economies and Financial Institutions
- Apr 04, 2024 at 05:48 am
- Stablecoin wallets offer a secure and decentralized alternative to traditional banking, providing protection against arbitrary payment rejections and government crackdowns. As global economic uncertainties and rising US debt erode trust in conventional financial markets, the demand for stablecoin wallets is expected to surge as investors seek havens for their assets.
- Crypto Exchange Insurance Funds Surge Over $1 Billion Amid Bull Market - CryptoCurrencyNews
- Apr 04, 2024 at 05:43 am
- Amidst the ongoing crypto bull market, the value of crypto exchange insurance funds has surged, exceeding $1 billion. Binance's SAFU fund has surpassed $2 billion, while Bitget's protection fund has grown to $612 million due to the appreciation of Bitcoin and BNB. While most exchanges offer insurance protection, Binance and Bitget are the only ones to disclose their on-chain addresses, providing transparency in the crypto exchange ecosystem.
- Cathie Wood: Bitcoin's Rise Driven by 'Flight to Safety' Amidst Currency Woes
- Apr 04, 2024 at 05:40 am
- ARK Invest CEO Cathie Wood asserts that Bitcoin's surge is not solely due to exchange-traded fund (ETF) launches, but primarily driven by its appeal as a "flight to safety" amid concerns about fiat currency devaluation. She emphasizes Bitcoin's dual nature as a risk-on and risk-off investment, highlighting the impact of fiat currency devaluations, such as those seen in Nigeria and Egypt, as a catalyst for Bitcoin's price increase.
- Stay on Top of Upcoming BIGTIME Airdrops: Essential Strategies and Tools
- Apr 04, 2024 at 05:36 am
- The Big Time Airdrop is a promotional campaign offering free tokens to eligible participants. To participate, you must meet specific criteria and follow the instructions provided by Big Time. Airdrops are becoming increasingly common in the crypto industry as a way to distribute tokens widely and incentivize user participation. The Big Time Airdrop represents a strategic move by the platform to reward its community and attract new users. With a clear eligibility criteria and a structured distribution schedule, this airdrop aims to ensure fair and transparent token distribution.
- Bank of England and FCA Unveil Digital Securities Sandbox for Fall 2024 Cohort
- Apr 04, 2024 at 05:36 am
- The Bank of England (BoE) and the Financial Conduct Authority (FCA) are seeking feedback on their proposed operational framework for the UK Digital Securities Sandbox (DSS), with plans to open applications during the summer. The DSS aims to facilitate the adoption of digital assets within financial markets, allowing eligible UK firms to utilize emerging technologies for the trading and settlement of digital securities within a regulatory environment designed to foster innovation and protect consumers.
- Flare Coin Breaks Barriers, Aims for 52-Week High
- Apr 04, 2024 at 05:36 am
- The Flare coin (FLR) experienced a sharp pullback from the 50-day EMA but has since rebounded, showing massive bull accumulation. Buyers are targeting a breakout beyond $0.0500, with the coin poised to cross its 52-week high of $0.05700. The FLR/BTC pair trades at 0.000000672 BTC, while the market cap stands at $1.64 billion.
- Comprehensive Guide: Tax Implications of Claiming SUSHI Airdrops
- Apr 04, 2024 at 05:32 am
- Blockchain technology and cryptocurrency are rapidly transforming the financial landscape, creating unique opportunities for investors and users worldwide. Airdrops, like the SushiSwap Airdrop, serve as an innovative marketing strategy to distribute tokens to a broad audience, fueling wider adoption and engagement.
- XDC Network Airdrop: A Guide to Snagging Free Crypto
- Apr 04, 2024 at 05:32 am
- The XDC Network Airdrop is a promotional campaign that rewards participants with free cryptocurrency tokens for performing specific tasks. The eligibility criteria for claiming the airdrop include being a registered user on the XDC Network, completing identity verification, having a minimum account balance, and agreeing to the terms of the airdrop. Participants can claim exclusive access tokens, voting rights tokens, and bonus tokens. The tokens are distributed according to a fixed schedule, and security measures are in place to protect claimants' assets.
- Ravencoin Airdrop: How to Claim Free Crypto in the Blockchain Revolution
- Apr 04, 2024 at 05:32 am
- The Ravencoin Airdrop is a promotional campaign that rewards participants with free RVN tokens. To claim the airdrop, users must meet certain eligibility criteria, such as being a registered user on Ravencoin and holding a minimum account balance. The airdrop rewards include exclusive access tokens, voting rights tokens, and bonus tokens. The tokens are distributed according to a fixed schedule, and participants can claim their tokens by following the instructions provided by Ravencoin.
- Meme Coins Explode in Q1 2024, Dominating Crypto Market with Unprecedented Profits
- Apr 04, 2024 at 05:31 am
- In Q1 2024, meme coins emerged as the most profitable crypto narrative, witnessing a remarkable 1312.6% price increase. The surge was driven by the launch of new tokens and the rise of dogwifhat WIF/USD. AI tokens and established narratives also saw solid growth, with returns of 222.0%, 98.9%, and 81.0%, respectively. However, Layer 1, GameFi, and Layer 2 narratives lagged behind, indicating the dynamic and evolving nature of the cryptocurrency market, where certain narratives may experience rapid growth while others underperform.
- Solana's MEW Memecoin Explodes 50% Overnight, Fueled by Exchange Listing Hype
- Apr 04, 2024 at 05:31 am
- Solana-based memecoin MEW has experienced a significant surge in value, gaining 439.03% in the past week. The catalyst appears to be an upcoming exchange listing on Bitget, which subsequently led to a 50% increase in value. However, the token's value later dropped back down, but still remains significantly higher than its starting point. Solana has emerged as a favored platform for meme coin trading and development due to its low transaction costs and high speed.