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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
Mar / 23
- Venus BNB Surges with Bullish Momentum, Outperforms Market
- Mar 23, 2024 at 06:08 am
- Venus BNB (vBNB) receives a bullish rating from InvestorsObserver on Saturday. Despite the broader crypto market experiencing a decline of 1.5%, vBNB records a drop of only 4.54%, trading at $13.31. The Sentiment Score measures the recent performance of vBNB, awarding it a bullish rating based on its volume and price movements over the past five days.
- First Digital USD Stands Out as a Bulwark of Stability Amidst Crypto Market Rollercoaster
- Mar 23, 2024 at 06:07 am
- First Digital USD (FDUSD) stands out in the volatile crypto market with its exceptional stability, demonstrated by a low volatility rank and a narrow price range. Its price has remained within a comfortable zone of $0.996008801585468 to $1, providing ample room for upward movement before encountering significant resistance.
- USDC Maintains Stability Amid Market Downturn, Receives Neutral Rating from InvestorsObserver
- Mar 23, 2024 at 06:07 am
- USDC (USDC) receives a Neutral assessment from InvestorsObserver on Saturday due to a 0.03% increase to $1 despite a 1.67% decline in the broader crypto market. Over the past five days, USDC has earned a Neutral rating based on volume and price movement, providing insight into its recent performance for short-term and long-term investors.
- SEC Chair Gensler Calls for Disinfectant of Crypto Markets with Transparency Measures
- Mar 23, 2024 at 06:03 am
- Gary Gensler, Chair of the Securities and Exchange Commission (SEC), advocates for transparency in cryptocurrency markets. He suggests "disinfectant" through enforced disclosures to improve market efficiency and protect investors. The SEC has taken action against unregistered crypto platforms, emphasizing the need for compliance with existing regulations. Gensler acknowledges the ongoing debate with the Commodity Futures Trading Commission (CFTC) over the classification of cryptocurrencies like ether but stresses the importance of effective regulation through collaboration between the agencies.
- Wisconsin Legislature Ends Sales Tax on Precious Metal Bullion in Landmark Move
- Mar 23, 2024 at 06:02 am
- In a groundbreaking move, Wisconsin has passed legislation exempting sales of precious-metal bullion from sales and use taxes, becoming the 43rd state to enact such a measure. This exemption, which applies to coins, bars, rounds, and sheets with specified metal content and markings, was signed into law by Governor Tony Evers on March 21, 2024, and goes into effect on March 22, 2024. The passage of this legislation is a testament to the collaboration of legislators, industry professionals, and the National Coin & Bullion Association Wisconsin, who played a pivotal role in advocating for this important exemption for the precious-metals industry.
- Starknet Broadens Airdrop Reach, Empowering Users and Driving Inclusivity
- Mar 23, 2024 at 06:02 am
- Starknet, an Ethereum layer 2 scaling solution, has expanded eligibility for its upcoming airdrop. Initially intended solely for ETH stakers and Immutable X users, the update now includes pooled stakers and certain Immutable X users who made eight or more transactions before June 1, 2022. The adjustment addresses concerns raised by pre-Merge ETH stakers and some Immutable X users who faced challenges claiming STRK tokens. The expanded group of users can expect to claim their tokens in April, with Starknet continuing to engage with VeVe to clarify eligibility criteria for its users.
- Lordstown Motors Founder Settles with SEC Over Misleading Investor Claims
- Mar 23, 2024 at 06:02 am
- Former Lordstown Motors CEO Steve Burns settles with the SEC for misleading investors about the demand for the company's Endurance pickup truck. Burns agreed to a $175,000 fine and a two-year ban from serving as an officer or director of a public company. The SEC's investigation found that Lordstown Motors and Burns made misleading statements about the number of pre-orders for the truck, which created an unrealistic depiction of demand.
- Montenegro Court Blocks Kwon's Extradition to South Korea Amidst Procedural Flaws
- Mar 23, 2024 at 06:01 am
- The Supreme Court of Montenegro has overturned a previous ruling that approved the extradition of Terra (LUNA) founder Do Kwon to South Korea, citing procedural violations and irregularities in the lower courts' decisions. The Court argues that the extradition permit was made without following due process and the Appeal Court's failure to hear the state prosecutor violated the law. Kwon, who faces criminal charges in both the US and South Korea related to the collapse of Terra, had his extradition to the US revoked earlier this month for similar reasons.
- Top Bitcoin Mining Stocks for Smart Investors in 2024
- Mar 23, 2024 at 06:01 am
- Bitcoin mining, a lucrative venture dominated by large companies, has seen a rise in the value of mining stocks due to the increasing profitability of the industry. This makes it an attractive investment opportunity for retail investors seeking exposure to the Bitcoin market. To assist in this decision-making, this article explores the top five Bitcoin mining stocks: Riot Platforms, CleanSpark, Marathon Digital, TeraWulf, and Hut 8 Mining.
- BlockDAG Emerges as Crypto Powerhouse, Overshadowing Filecoin and Cardano in Presale Success
- Mar 23, 2024 at 06:00 am
- In the dynamic world of cryptocurrencies, BlockDAG (BDAG) emerges with a successful presale, contrasting the market behaviors of Filecoin (FIL) and Cardano (ADA). While FIL exhibits stability in its pricing, ADA experiences fluctuations, reflecting the fluid market. BlockDAG, with its innovative presale achievements and promising returns, captures attention, reshaping the presale landscape and positioning it as a noteworthy contender in the digital finance arena.
- Chainlink Tops Cardano, Polkadot in Development, Strengthens Decentralization
- Mar 23, 2024 at 06:00 am
- Chainlink's development activity surpasses Cardano and Polkadot, indicating strong engineering commitment. However, Cardano and Polkadot's decline doesn't diminish their value, while Chainlink's focus on cross-chain communication and TradFi integrations drives its high activity. Despite Chainlink's decentralization progress, its network growth and holder count have declined recently, suggesting a need to bolster adoption.
- Scorpion Casino: A Crypto-Fueled Gaming Oasis for Profit-Seeking Investors
- Mar 23, 2024 at 06:00 am
- In the dynamic realm of cryptocurrencies, Scorpion Casino emerges as a captivating blend of high-stakes entertainment and digital currency investment. Combining blockchain technology with online gaming, SCORP offers a unique opportunity for savvy individuals to capitalize on passive income streams. Backed by impressive fundraising and buzz surrounding upcoming exchange listings, Scorpion Casino presents a compelling proposition that sets it apart from the volatility of Dogecoin and the speculative nature of XRP.
- Floki Inu Unlocks Ambitious 2024 Roadmap, Expanding Horizons with Banking Innovation and DeFi Integration
- Mar 23, 2024 at 06:00 am
- Floki Inu's 2024 roadmap unveils key initiatives focusing on utility and inclusivity. The project plans to launch regulated digital banking accounts, integrate with Venus DeFi, introduce a Floki debit card, and list FLOKI on Venus Core Pool. Additionally, a FLOKI-powered trading bot and the highly anticipated Valhalla mainnet release are scheduled for launch. These features aim to enhance FLOKI's usability, drive adoption, and position it as a bridge between traditional banking and the crypto sphere.
- Blockchain Leader Chiliz Taps Energy Giant Exaion as Validator Node, Advancing Blockchain Sustainability
- Mar 23, 2024 at 06:00 am
- Chiliz (CHZ), a sports-focused blockchain, has partnered with Exaion, a subsidiary of French energy giant EDF, to serve as a node validator. This alliance strengthens Chiliz's commitment to energy efficiency and marks the first instance of a country (France) becoming a node validator for a blockchain.
- Toncoin Surges, BlockDAG Presale Captivates Crypto Market
- Mar 23, 2024 at 06:00 am
- A surge in the cryptocurrency market sees Toncoin's value soar by 90%, while Uniswap investors anticipate substantial gains with its UNI coin. BlockDAG, a promising layer 1 cryptocurrency, has raised over $6.9 million in its presale, captivating investors with its innovative technology and environmentally conscious mining rigs.
- SEC scrutiny puts May approval of spot Ethereum ETFs in doubt
- Mar 23, 2024 at 05:58 am
- Amidst recent developments, skepticism surrounds the May approval of spot Ethereum exchange-traded funds (ETFs). SEC subpoenas to crypto firms, inquiries into the Ethereum Foundation, and a lack of SEC engagement raise doubts. Thorn, a former Fidelity executive, speculates on the SEC's investigation into Ethereum's ICO, a potential irregularity given its decade-long existence. The SEC's unclear stance on ETH's classification adds to the uncertainty, despite allowing futures-based ETFs. Market experts anticipate a delay in spot ETF approval, citing the need for the industry to absorb spot bitcoin ETFs first.
- Healix Protocol Presale Soars, Ushering in Healthcare Finance Revolution
- Mar 23, 2024 at 05:39 am
- Embark on an extraordinary journey with the Healix Protocol, a game-changer in healthcare finance. As the HLX Token Presale soars past $100,000 in just a week, the protocol's vision to revolutionize healthcare finance becomes increasingly evident. Join a vibrant community of supporters driving innovation and seize the opportunity to invest in the future of blockchain-powered healthcare.
- Polymesh Jumps 69% as Private Blockchain Boosts Real-World Asset Tokenization
- Mar 23, 2024 at 05:38 am
- Polymesh's (POLYX) native token has witnessed a remarkable 69% surge within a week, reaching $0.415. This growth coincides with the launch of Polymesh Private, a confidential version of its public permissioned blockchain. The private network provides a seamless migration path to the public network, catering to banks and financial institutions that prefer private blockchain solutions for their RWA tokenization initiatives. POLYX is now only 16% below its all-time high, utilized for staking, governance, and transaction payments on the network.
- YGG Revolutionizes Crypto Gaming: From Guild to Guild Protocol
- Mar 23, 2024 at 05:36 am
- Yield Guild Games (YGG), initially established as a crypto gaming guild, has evolved into a guild protocol providing infrastructure for guilds across the blockchain gaming industry. As the largest guild in Axie Infinity, YGG recognized the need for standardized guild management tools and on-chain assets. This led to the development of a comprehensive guild system, currently being showcased in Pixels, an Ethereum-based social farming game. YGG's goal is to empower guilds through tokenized credentials, asset management tooling, and deep integrations into blockchain games, fostering collaboration and enabling guilds to thrive in the Web3 gaming ecosystem.