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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
- 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.
- Solana's Wild Ride: Market Analysis and Price Predictions for March
- Mar 23, 2024 at 05:36 am
- Solana's price has dropped by nearly 1.8%, trading close to $176.2. The 20-Day EMA provides dynamic support, hindering further price decline. Bears are attempting to establish a foothold near the $200 resistance level.
- Polygon and Toncoin: Blockchain Advancements and Scorpion Casino's GameFi Innovation
- Mar 23, 2024 at 05:34 am
- In the rapidly evolving cryptocurrency landscape, Polygon, Toncoin, and Scorpion Casino emerge as notable players offering innovative advancements. Polygon's partnerships and token transition position it for growth, while Toncoin leverages Telegram's expansive user base. Scorpion Casino, a leader in GameFi and DeFi, revolutionizes online gambling with its extensive game library and investment opportunities, offering a promising prospect with its $250,000 giveaway and presale benefits before the next Bitcoin halving.
- Bitcoin Market Braces for Potential Slump amid Bearish Sentiment
- Mar 23, 2024 at 05:21 am
- Bitcoin traders anticipate a potential extended price decline as indicated by options data showing a bearish outlook. The volume of put options surpassing call options suggests traders expect a drop, with strike prices clustered around $50,000 and $45,000. Crypto prime broker FalconX attributes the market correction to outflows from Grayscale Bitcoin Trust, while analysts note a weakening correlation to equities and specific product outflows driving Bitcoin lower.
- Google Integrates ENS Domains into Search Results, Enhancing Web3 Accessibility
- Mar 23, 2024 at 05:16 am
- Google has expanded its Ethereum wallet balance support to include Ethereum Name Service (ENS) domains. This integration allows users to search for ENS domains (e.g., Vitalik.eth) via Google search and view associated blockchain addresses and current wallet balances sourced from Etherscan. This feature enhances usability by replacing complex wallet addresses with memorable domain names.
- Crypto Market Sees Liquidations as Investors Lose Confidence
- Mar 23, 2024 at 05:12 am
- The crypto market has witnessed a slight downturn after a positive uptick following the FOMC meeting. Liquidations were observed in Bitcoin, Ethereum, and memecoins as investor confidence weakened in the last 24 hours. The memecoin market plunged 4%, with total capitalization at $53.4 billion, despite some large gainers. Market leader Dogecoin (DOGE) and Shiba Inu (SHIB) suffered losses, while lesser-known memecoins PEPE, Dogwifhat, and BONK also saw outflows. However, Potato, BobaCat, and Poncho had significant gains, and FLOKI and BOOK of MEME remain in the positive zone.
- PancakeSwap's CAKE Token Primed for Recovery Despite Market Turbulence
- Mar 23, 2024 at 05:09 am
- The CAKE token price has retested the breakout region and is poised for a bounce. Buyers are holding the gains and continuing accumulation. The CAKE price replicated a rounding bottom formation breakout and reached $5, but failed to exceed the supply region and retreated to the $4 neckline support zone. Despite the market downturn, the token has retraced only 20%, remaining in the bullish territory.
- Rise of Open-Source AI Boosts Prospects for Render and Bittensor
- Mar 23, 2024 at 05:08 am
- The demand for open-source AI has surged over the past few. Render and Bittensor might benefit from this. Render [RNDR] and Bittensor [TAO] has seen a surge of interest in the past few months due to the rising popularity of AI. However, as of late, the hype around the tokens has died down.
- Yield Guild Games Metamorphoses Into Comprehensive Infrastructure for Crypto Gaming Guilds
- Mar 23, 2024 at 05:06 am
- Yield Guild Games (YGG), once solely a guild, aspired to unite crypto gaming communities. Through Axie Infinity's success, YGG became a major player in the "scholarship" model, lending gaming NFTs to players in exchange for a share of earnings. As the gaming industry matures, YGG is evolving into a guild protocol, providing infrastructure for guilds to thrive on-chain and in-game. This transformation is exemplified by their partnership with Pixels, where players can now join guilds, complete quests, and manage resources collectively.
- Polymesh Token Skyrockets 69% After Launch of Private Blockchain
- Mar 23, 2024 at 05:04 am
- Polymesh (POLYX), a public blockchain designed for real-world asset (RWA) tokenization, has experienced a surge of 69% in its native token's value within the last week. This upward trend coincides with the launch of Polymesh Private, a confidential version of the network's blockchain which enables seamless migration from private to public networks, catering to the needs of banks and financial institutions.
- Worldcoin's Open-Source Orb Device: Paving the Way for Biometric Privacy Assurance
- Mar 23, 2024 at 05:03 am
- Worldcoin has open-sourced the software component of its Orb biometric device, enabling external verification of data privacy claims and allowing experts to examine image capture, biometric data processing, and data transfer processes. This move promotes community-driven audits and reinforces adherence to data privacy and security protocols.
- Ants: The Lucrative Pet Industry Soaring Globally
- Mar 23, 2024 at 05:03 am
- Ants, a common household nuisance, are surprisingly lucrative in the pet trade. From his home in Canberra, Paul Hailes harvests and breeds bull ants, black ants, and sugar ants for worldwide export. The most sought-after pet ants are bull ant queens, which can fetch up to $250 each due to their powerful sting. Their popularity is attributed to the educational value of ant farms, allowing hobbyists and schools to observe colony growth and development. Mr. Hailes holds wildlife collection and export licenses, ensuring responsible collection and breeding practices. Despite the potential risk of bites, Mr. Hailes remains passionate about ants, recognizing their fascinating life cycle and the enjoyment they bring to ant enthusiasts worldwide.
- Open-Source AI Techs Render and Bittensor Gaining Traction
- Mar 23, 2024 at 05:02 am
- Open-source AI solutions like Render and Bittensor have gained popularity, fueled by the growing demand for AI. Recent market trends, such as a decline in Chaikin Money Flow, suggest decreasing buying pressure. Despite this, the rise of open-source AI tools could potentially boost interest in these tokens and their respective technologies.
- Bitcoin ETF Fluctuations Send Crypto Market into Flux
- Mar 23, 2024 at 05:01 am
- The crypto market experienced its first weekly decline, with a shift from inflows to outflows in Bitcoin exchange-traded funds. Altcoins witnessed significant fluctuations, with Aptos and Stacks posting gains, while Optimism and Polkadot faced losses. Tech advances by Optimism and Aptos contributed to their upswing, while Polkadot's integration of the PINK memecoin influenced its rise. As fund flows continue to drive market direction, the approval or rejection of additional crypto ETFs remains a key factor in determining future volatility. Technological developments and user adoption are significant drivers of long-term value, highlighting the potential of platforms like Optimism and Aptos.
- FOMO-Fueled Crypto Trading Results in Million-Dollar Heartbreak
- Mar 23, 2024 at 05:00 am
- Cryptocurrency traders seeking lucrative investments often fall victim to FOMO-driven purchases, leading to substantial losses. A recent report from Lookonchain reveals that a trader lost over $1 million within three days after buying a memecoin, Slerf, at its launch price. With the token's price plunging after the initial purchase, the trader experienced multiple unsuccessful attempts to recoup losses, ultimately ending with a net loss of 6,039 SOL ($1.15 million). This incident highlights the perils of FOMO-based investments and the need for traders to exercise caution in the crypto presale market.
- Solana Surges as Bitcoin Dominates: A Comprehensive Market Analysis
- Mar 23, 2024 at 04:58 am
- Amidst a Bitcoin bull run, Solana (SOL) has soared 26.7% as investors anticipate a surge in altcoin adoption. Solana's market capitalization has surpassed $2.7 billion, ranking it among the top blockchains by total value locked. The recent approval of Bitcoin spot ETFs and the upcoming halving event have fueled the Bitcoin rally, leading to increased capital inflow in the crypto market, benefitting altcoins like Solana.
- Solana on a Bullish Rampage: 2024 and Beyond Outlook Bright with InsanityBets
- Mar 23, 2024 at 04:55 am
- Riding a wave of technological advancements, Solana has emerged as a dominant force in the cryptocurrency market, captivating investors with its rapid transactions and scalability. As it charges towards 2024, Solana's momentum remains undeniable, boasting a week-over-week increase of 10.40%, and an 8.30% surge in the past 24 hours alone. This not only reinforces its position as a formidable competitor to Ethereum but also sparks curiosity in discerning investors seeking diversification. Enter InsanityBets, a revolutionary crypto casino platform that challenges investment norms.
- Bitcoin Halving Unveiled: Miners Face Reality Check Amidst Price Surge
- Mar 23, 2024 at 04:40 am
- Bitcoin's price reaches new heights ahead of the upcoming halving, hitting a record-breaking $65,700. While investors anticipate potential price gains, concerns arise for miners as the block reward will be reduced from 6.25 to 3.125 Bitcoin, potentially impacting profitability and testing the resilience of mining operations amidst increased competition.
- Galaxy Digital CEO Mike Novogratz Predicts Continued Bitcoin Gains Due to Fiscal Irresponsibility
- Mar 23, 2024 at 04:38 am
- Mike Novogratz, CEO of Galaxy Digital, predicts a sustained Bitcoin price increase due to concerns over government spending and borrowing. He sees Bitcoin as a safe haven against inflation and debt debasement, which aligns with growing investor interest in the cryptocurrency as a hedge against fiscal uncertainty.
- Cosmos (ATOM) Retests 100-Day EMA as Selling Pressure Intensifies
- Mar 23, 2024 at 04:36 am
- Cosmos (ATOM) price has witnessed a selloff and retested the 100-Day EMA mark, indicating weakness. Sellers are attempting to push ATOM below $10, as the coin exhibits lower-high swings and faces selling pressure. Technicals suggest cautiousness, with the $10 mark being a crucial point. Until the $13 mark is not retained by bulls, ATOM may continue its retracement.