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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 / 27
- Crypto Markets See Mixed Action; Bitcoin, Ether Slip
- Mar 27, 2024 at 02:02 pm
- On Wednesday, March 27, a majority of popular cryptocurrencies faced losses. Bitcoin experienced a 0.65% price decrease, trading at $67,288. Ether dropped by 0.62%, valued at $3,445. Other cryptocurrencies including Tether, Binance Coin, and Cardano followed suit with significant losses. Notably, Dogecoin and Shiba Inu registered gains, while Polkadot, Polygon, and Uniswap faced price dips. The overall crypto market cap decreased by 0.50% within 24 hours, bringing the valuation to $2.65 trillion.
- Bitcoin Bull Run Blazes Past $70K: Where to Next?
- Mar 27, 2024 at 02:01 pm
- Bitcoin exhibits strength above $70,000 despite market uncertainty. On-chain data reveals historically low sell-side liquidity, suggesting a surge in demand and limited supply. Crypto analysts speculate a potential price breakout, while options market sentiment remains bullish for Bitcoin and cautious for Ethereum.
- HSBC's Gold Rush: Tokenized Gold Now Available to Everyday Investors
- Mar 27, 2024 at 02:01 pm
- HSBC has launched the HSBC Gold Token, a tokenized gold product that allows retail customers in Hong Kong to conveniently invest in gold through the bank's online and mobile banking platforms. The move marks a significant step towards digital asset adoption, leveraging advanced technological capabilities and adhering to regulatory standards to provide investors with enhanced efficiency, transparency, and accessibility.
- Bitcoin's Fate Hangs in the Balance Amidst Turbulence and Opportunity
- Mar 27, 2024 at 02:01 pm
- Amidst volatile market conditions in 2024, Bitcoin's future is shrouded in uncertainty. The CEO of CryptoQuant reveals a slowdown in Bitcoin ETF net flows and identifies a "Max Pain" price level, raising concerns about a potential correction. Despite these alarms, some analysts remain cautiously optimistic, citing strategic buying opportunities.
- BlackRock's Ether Leap: Sparks Institutional Tokenization
- Mar 27, 2024 at 02:01 pm
- BlackRock, a financial powerhouse with over $10 trillion in assets under management, has made its foray into the world of tokenization by launching its first fund on the Ethereum blockchain. This significant move has the potential to accelerate the institutional adoption of cryptocurrencies and establish Ethereum as a trusted platform for digital asset management.
- Ionic Upgrade: Injective Redefines Interoperability for Blockchain Seamlessness
- Mar 27, 2024 at 02:01 pm
- Injective, a Cosmos-based Layer 1 blockchain, has implemented the Ionic Upgrade to its Injective Bridge, enhancing interoperability across networks for a seamless user experience with minimal fees.
- Near Unveils Chain Signatures, Revolutionizing Blockchain Aggregation
- Mar 27, 2024 at 02:01 pm
- Near Foundation's Chain Signatures protocol revolutionizes blockchain transactions by allowing users to sign operations on multiple blockchains using a single Near account. This innovative solution, powered by EigenLayer and Near stakers, eliminates the need for separate accounts on various chains, empowering Near accounts to control an unlimited number of blockchain addresses.
- BlockDAG Presale Surges Ahead, Becoming 2024's Crypto Frontrunner
- Mar 27, 2024 at 02:01 pm
- Transparency Triumph: BlockDAG, the crypto sensation of 2024, nears its $2 million presale goal and targets a $600 million mark. Its Directed Acyclic Graph (DAG) technology and Proof-of-Work (PoW) consensus offer scalability, security, and sustainability. With a potential 100X ROI for early investors and a focus on environmental sustainability, BlockDAG outshines rivals like BEFE Coin and Shiba Budz, leading the charge in the next wave of crypto innovation.
- Is Ripple on the Brink of Solving Its AMM Troubles?
- Mar 27, 2024 at 02:00 pm
- Ripple has identified and fixed a technical issue affecting the Automated Market Maker (AMM) on the XRPLedger. The fix is currently under review and testing, and once ready, will be voted on by the XRPLedger community. 80% of participants need to support the amendment for it to be activated. Until the issue is resolved, XRP holders are advised not to deposit funds into AMM pools and to redeem their Liquidity Pool (LP) tokens.
- Spot Bitcoin ETFs: Unveiling a Direct Gateway to Cryptocurrency Exposure
- Mar 27, 2024 at 02:00 pm
- Since the approval of multiple spot bitcoin exchange-traded funds (ETFs) by the SEC in January, the price of bitcoin has surged, hitting a record high of $73,580 on March 14th. Spot bitcoin ETFs function similarly to traditional ETFs but invest directly in bitcoin rather than using derivatives. These ETFs provide investors direct exposure to the price movements of bitcoin, and they have significantly influenced the market, increasing demand for bitcoin and legitimizing it as an asset class.
- Will DOT's Rally Surpass Solana and Cardano, Sealing Its $12 Fate?
- Mar 27, 2024 at 02:00 pm
- Polkadot's (DOT) market surge, driven by institutional and retail investor interest, has pushed its price towards a previously unmet high of $12. This bullish trend is supported by a rounding bottom pattern and optimistic sentiment among investors. However, DOT faces resistance at $10 and $11, and failure to break through these levels could lead to a decline to the $9.2 support level, undermining the bullish outlook.
- BlockDAG Emerges as Prime Investment Amidst Cardano's Surge and Jupiter Token's Climb
- Mar 27, 2024 at 02:00 pm
- Amidst the surge in cryptocurrency markets, BlockDAG stands out as a leading investment opportunity, offering the potential for exceptional returns up to 5,000x. With its cutting-edge technology combining DAG and PoW, BlockDAG addresses scalability, decentralization, and security concerns, while its eco-friendly X-series mining rigs and passive income avenues contribute to its growing dominance in the cryptocurrency sector.
- Banks Poised to Unlock Blockchain's Utility as BSV Emerges as Leader
- Mar 27, 2024 at 02:00 pm
- After years of development, blockchain technology is finally reaching its potential for practical applications. A recent pilot led by Goldman Sachs and Visa explored the use of blockchain for real-time settlement and reconciliation in financial transactions. While this pilot demonstrated the feasibility of blockchain for financial applications, it highlighted the need for a scalable public blockchain like BSV to support widespread adoption. BSV, with its high transaction volume capacity and low fees, enables developers to build blockchain-based applications at scale, paving the way for a new era of blockchain utility.
- Shiba Inu Prediction: Volatility Cools, Sentiment Goes Sour
- Mar 27, 2024 at 02:00 pm
- Amidst increased exchange inflow, indicating potential selling pressure, the price of Shiba Inu (SHIB) has seen a 12.28% surge in the past 24 hours. However, the dwindling number of tokens burned and a shift towards negative market sentiment suggest a potential decline in SHIB's value.
- Coinbase Diversifies Ethereum Execution Client Landscape with Nethermind Transition
- Mar 27, 2024 at 02:00 pm
- To enhance Ethereum's stability, Coinbase has shifted half of its Ethereum validators to Nethermind software, reducing reliance on Geth. This move aims to diversify execution clients and mitigate the risk of catastrophic bugs or exploits. Coinbase's transition marks a milestone in efforts to foster a more diverse client landscape within the Ethereum ecosystem.
- Massive Dogecoin Movement: 1.87 Billion DOGE Transferred via Robinhood
- Mar 27, 2024 at 02:00 pm
- Amidst the crypto market's whirlwind, Dogecoin has garnered attention with a colossal transfer of 1.87 billion DOGE within 24 hours, orchestrated via Robinhood by anonymous whales. Half of the DOGE was withdrawn, while an equivalent amount re-entered the platform, highlighting Dogecoin's growing significance.
- WSG Volatility Soars Amid Market Turmoil
- Mar 27, 2024 at 01:59 pm
- Wall Street Games (WSG) exhibits higher volatility than the crypto market, with a recent 20.19% decline to $0.07104. Its Volatility Gauge and Risk/Reward Gauge indicate wide price swings and low risk of manipulation, respectively. Despite the current volatility, WSG maintains a favorable position with support at $0.06317 and resistance at $0.07553.
- Is the Bull Market Back for Good (or Just a Temporary Rally)?
- Mar 27, 2024 at 01:58 pm
- The crypto market's cyclical nature is evident with the renewed optimism following a period of consolidation. Historically, bull runs have spanned from months to years, presenting significant opportunities for substantial returns. However, pinpointing their exact timing and duration remains challenging, highlighting the need to identify projects with strong fundamentals and tangible use cases to maximize gains during these bullish phases.
- Squeeze on Short-Sellers Drives Bitcoin Rally to $70K and Uncharted Territory
- Mar 27, 2024 at 01:56 pm
- Amid BTC's upward trend and diminishing downtrends, analysts speculate that short-sellers are facing a squeeze. This scenario, fueled by a record margin between long and short positions, could potentially propel Bitcoin's price to $80,000, as suggested by Swyftx's Pav Hundal. Meanwhile, Swan Bitcoin's Cory Klippsten anticipates a resolution in the ongoing tug-of-war between long and short positions, suggesting that hedging strategies and anticipation of the upcoming Bitcoin halving may be influencing market activity.