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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
- Meowtastic Debut: Catch Up AI Blends Cat Memes with AI Innovation
- Mar 27, 2024 at 04:23 am
- Join the "purr-fect" fusion of cat memes and AI technology with Catch Up AI (CATCHUPA). This groundbreaking project aims to democratize knowledge about AI, blockchain, and cryptocurrencies, making them accessible to all. Combining the charm of cat memes with the sophistication of AI, Catch Up AI strives to demystify complex technological concepts.
- Is Solana's Optimism Warranted?
- Mar 27, 2024 at 04:16 am
- Solana's native token, SOL, experienced a surge of 12.8% from March 24 to 26, but subsequently faced a downward correction to $186. Despite this fluctuation, investors remain optimistic, citing increased activity on the Solana network, including the popularity of memecoins and airdrops. SOL's price may continue to be influenced by Bitcoin's performance and regulatory uncertainties; however, on-chain metrics indicate strong user activity and demand for SOL, potentially boosting its price in the long run.
- Binance Expands Trading Options with Meme Coin Pairs and Bot Services
- Mar 27, 2024 at 04:15 am
- Binance is expanding its trading services by introducing new trading pairs and bot services. The exchange will add BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL trading pairs. Binance will also enable trading bot services for these pairs. However, these services will not be available to users in the USA, Canada, Japan, and several other regions.
- BlackRock's Tokenization Gambit: A Game-Changer for Crypto?
- Mar 27, 2024 at 04:13 am
- Amidst the crypto revolution, BlackRock's $100 million RWA tokenization fund marks a seismic shift in finance. MANTRA Chain, a leading blockchain platform, stands at the forefront, poised for growth. Seasoned trader Rose, recognizing RWA tokenization's potential, draws the comparison between $OM and $POLYX's parabolic rise. With technical indicators flashing green for $OM, surpassing its ATH is imminent, with target prices of $1.35 and $2 on the horizon. As the RWA market explodes, MANTRA Chain's expertise and $OM's unique positioning fuel its trajectory towards the $2 milestone and beyond.
- Cash App: The FinTech Disruptor Blurring Banking Boundaries
- Mar 27, 2024 at 04:09 am
- Cash App, while not a bank, offers similar services, including a bank account with routing and account numbers. It partners with third-party banks for FDIC insurance and other services, generating revenue through transaction fees, subscription services, and Bitcoin sales. Cash App's revenue streams include transaction-based charges, subscription services related to financial products, and Bitcoin revenue, with Bitcoin being the major contributor.
- KuCoin Under Scrutiny: CFTC Alleges Law Violations
- Mar 27, 2024 at 04:08 am
- The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against KuCoin, a centralized digital asset exchange, for operating an illegal derivatives exchange and violating the Commodity Exchange Act (CEA) and CFTC regulations. The complaint alleges that from July 2019 to June 2023, KuCoin offered and executed commodity derivatives and leveraged transactions involving US residents without implementing KYC procedures, despite falsely claiming to have done so.
- SEC Scrutinizes Ethereum's Security Status as Prometheum Seeks Custodial Services
- Mar 27, 2024 at 04:07 am
- Influential House Republicans, concerned about the potential classification of ETH as a security by Prometheum, have sent a letter to SEC Chair Gary Gensler demanding clarification on the matter. The letter, signed by 48 members of Congress, argues that ETH is not a security and that listing it as such could have detrimental consequences for the crypto industry. The request comes as Prometheum prepares to launch a custody operation for ETH, raising concerns about how digital assets will be regulated in the U.S.
- Nilam Resources Makes Seismic Bitcoin Acquisition, Transforming Digital Finance
- Mar 27, 2024 at 04:06 am
- Nilam Resources, Inc. has created a buzz in the financial sector with plans to acquire a significant quantity of Bitcoin. The company has entered into an agreement with Xyberdata Ltd. to purchase 24,800 Bitcoins through a newly established entity, MindWave. Nilam Resources intends to finance the acquisition with its Series C Preferred Stock, offering a compelling value proposition compared to market prices.
- Kryll Soars as Automated Crypto Trading Gains Popularity
- Mar 27, 2024 at 04:05 am
- After a recent downturn, the cryptocurrency market is rebounding, with automated trading platform Kryll (KRL-USD) leading the headlines. The KRL token has surged since Sunday, boosted by the announcement of a new liquidity pool. As a result, crypto speculators are paying attention to positive Kryll price predictions.
- UK Treasury Explores Tokenization Applications in Asset Management
- Mar 27, 2024 at 04:04 am
- The UK Treasury's Technology Working Group explores tokenization applications in asset management. The report delves into utilizing tokens as collateral for money market funds, highlighting the potential for enhancing asset management operations within the UK funds industry. It proposes a foundational tokenization model for on-chain investment markets.
- Portugal Suspends Worldcoin Cryptocurrency Over Data Privacy Concerns for Minors
- Mar 27, 2024 at 04:04 am
- Portugal's Data Protection Commission (CNDP) has temporarily halted the Worldcoin cryptocurrency project in the country due to data privacy concerns, particularly for minors. The suspension, which will last for three months, follows an investigation into the project's collection of iris scans in exchange for cryptocurrency tokens. Over 300,000 people in Portugal had their irises scanned before the suspension.
- Tether Ramps Up AI Focus, Unveiling Ambitious Plans for Transformative Innovation
- Mar 27, 2024 at 04:03 am
- Tether, the issuer of the largest stablecoin USDT, announces a strategic shift towards artificial intelligence (AI), aiming to enhance efficiency and accessibility in the technology sector. The company plans to develop multimodal AI products, collaborate with partners, and contribute to open AI initiatives, prioritizing transparency and privacy in AI model development. Tether's AI focus aligns with its investments in resilient technologies and its expansion into other sectors, including telecommunications, renewable energy, and Bitcoin mining.
- Is TD SYNNEX a Buy or Hold? Analyst Updates, Target Price Adjustments, and Stock Performance
- Mar 27, 2024 at 04:03 am
- TD SYNNEX (NYSE: SNX) received a price target increase from Cfra, from $110.00 to $113.00, with a hold rating. Other analysts have also weighed in, with StockNews.com upgrading TD SYNNEX to a buy from hold, JPMorgan Chase downgrading it to neutral from overweight but raising the target price, and Royal Bank of Canada raising the target price while maintaining a sector perform rating. The consensus rating is Moderate Buy, with an average target price of $112.08.
- Bearish Sentiment Lingers Over Kaspa Amidst Market Volatility
- Mar 27, 2024 at 04:03 am
- Kaspa has experienced a decline of 7.49% against the US dollar today, indicating a bearish sentiment in the market. Sentiment is further reflected in the Fear & Greed index, which stands at 81, suggesting extreme greed. Key support levels for KAS include $0.143191, while key resistance levels stand at $0.150068. Technical indicators suggest a bearish outlook, with 60% of indicators favoring a negative prediction. Despite this, KAS is currently trading 28.21% below our prediction of $0.191549 on March 31, 2024, and has experienced an increase of 584.11% since its price one year ago.
- Is BlockDAG Cryptocurrency's Next Disruptor, Surpassing Cardano and GRT?
- Mar 27, 2024 at 04:02 am
- With its remarkable $8.8 million presale, BlockDAG has emerged as a trailblazer in the cryptocurrency industry. While Cardano and Graph (GRT) continue their respective trajectories, BlockDAG's innovative strategies and community-centric approach have garnered significant attention, challenging established market giants and setting new standards in the cryptocurrency realm.
- Kaspa Price Forecast: Predicted 29.82% Surge in the Next 5 Days
- Mar 27, 2024 at 04:02 am
- Kaspa's price is forecasted to surge by 29.82% within the next five days, reaching $0.191549. Currently, the coin is trading at $0.137505, experiencing a 7.49% decline in the past 24 hours. Over the last 30 days, Kaspa has witnessed a 19.08% decrease and a significant 584.11% increase over the past year. Sentiment remains bearish, with 60% of indicators suggesting a negative prediction.
- Optimism Pumps $3.3 Billion into Developer Grants
- Mar 27, 2024 at 04:02 am
- Optimism, an Ethereum layer-2 scaling solution, has allocated $3.3 billion worth of OP tokens for grants to support the builders within its community. The Optimism Collective, responsible for governance and community initiatives, disclosed the allocation of 850 million OP tokens, representing 20% of the initial supply. The initiative aims to attract diverse talent and projects, enhancing Optimism's infrastructure and governance mechanisms.
- Time to Buy Seagate After Analyst Upgrade?
- Mar 27, 2024 at 04:02 am
- Morgan Stanley upgraded Seagate Technology (STX) from Equal Weight to Overweight, raising its price target from $73 to $115, implying a 20% potential upside. The analyst cited expectations for long-term gross margin improvement and tailwinds from the rise of generative AI. STX shares surged 9.9% in response to the upgrade, indicating market support for the positive outlook.
- Portuguese Ban on Worldcoin's Biometric Collection Raises Concerns for Global Ambitions
- Mar 27, 2024 at 04:02 am
- The Portuguese data regulator has temporarily limited Worldcoin's collection of biometric data through its Orb devices within the country. This decision was made due to potential violations of the General Data Protection Regulation (GDPR). Worldcoin, which operates by scanning individual's irises, has over 4.5 million users in 120 countries.
- CFTC Reignites Crypto Classification Debate: Ether's Fate Hangs in the Balance
- Mar 27, 2024 at 04:02 am
- The US Commodity Futures Trading Commission (CFTC) has classified ether and several other cryptocurrencies as commodities, reiterating its stance amid ongoing regulatory battles over digital assets oversight. In a lawsuit against KuCoin exchange operators, CFTC lawyers declared bitcoin, ether, and litecoin as commodities, subjecting them to the agency's purview. This latest move highlights the ongoing tug-of-war between the CFTC and SEC over the regulation of the digital assets industry.