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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 / 25
- Tron (TRX) Bears Down Despite Market Rally
- Mar 25, 2024 at 09:47 pm
- Despite the bullish trend in the cryptocurrency market, Tron (TRX) has faced a price decline since late February. Indicators suggest that this bearish trend may persist due to negative trend indicators, declining network activity, and a significant portion of TRX supply being at risk of incurring losses. The recent confirmation of a downtrend by the Ichimoku cloud further strengthens the probability of a continued decline.
- Binance Suspends USDC Withdrawals and Deposits on Tron Blockchain Amid Security Concerns
- Mar 25, 2024 at 09:46 pm
- Binance Halts USDC Withdrawals and Deposits on Tron Blockchain Binance, the leading cryptocurrency exchange, announced on Monday that it would suspend the ability for customers to deposit and withdraw...
- Bitcoin Consolidates Amidst Whale Activity Surge, Signaling Volatility
- Mar 25, 2024 at 09:45 pm
- Bitcoin has found support at $60K, marking a period of sideways consolidation. Buyers aim to reclaim $73K, targeting a new all-time high. Technical analysis indicates a mid-term corrective phase between support at $60K and resistance at $73K. On-chain analysis reveals an increase in whale activity, suggesting potential volatility and a possible dip before a rebound.
- Koala Coin Emerges as a Bright Spot Amidst Crypto Market Volatility
- Mar 25, 2024 at 09:42 pm
- As The Graph (GRT) and Hedera Hashgraph (HBAR) experience market volatility, their investors are migrating to Koala Coin (KLC). Koala Coin's promising presale price of $0.014, its advanced blockchain technology, and its deflationary model have attracted investors seeking growth and resilience. This shift showcases the potential of Koala Coin as a game-changer in the cryptocurrency ecosystem.
- Iceland's Energy Conundrum: Food Security Takes Precedence over Bitcoin Mining
- Mar 25, 2024 at 09:39 pm
- Iceland's Prime Minister Katrín Jakobsdóttir is advocating for a shift in energy utilization, prioritizing farming over Bitcoin mining operations. As Iceland imports a significant portion of its food supply despite its abundant renewable energy resources, the government aims to enhance food sustainability and ensure equitable power distribution. Jakobsdóttir believes the country's energy supply can be converted into facilities for controlled-temperature crop cultivation, including corn production, to reduce food dependency. However, this plan faces challenges due to competition for energy allocation with expanding Bitcoin mining activities.
- Montenegro Police Escort Do Kwon to Court for Trial Over Crypto Collapse
- Mar 25, 2024 at 09:38 pm
- In March, infamous crypto mogul Do Kwon will face trial for allegedly misleading investors in his collapsed cryptocurrency, which precipitated a chain reaction of trading firm failures and financial losses worldwide. The Securities and Exchange Commission will initiate a civil case in Manhattan federal court against Kwon and Terraform Labs, despite Kwon's absence.
- Cryptocurrency Investment Products See Major Outflows
- Mar 25, 2024 at 09:35 pm
- Crypto investment products witnessed a significant outflow of $942 million from March 16-22, reversing the previous seven-week trend of positive inflows totaling $12.3 billion. The primary driver was a $2 billion outflow from Grayscale's GBTC, overshadowing net inflows to competitors. Consequently, Bitcoin-related instruments saw a record withdrawal of $904 million, while the combined value of digital assets under management dropped by $10 billion to $88.2 billion.
- Binance Terminates Tron-Based USDC Amidst Scrutiny, Philippine Ban
- Mar 25, 2024 at 09:34 pm
- Amidst the recent withdrawal of Circle from the Tron blockchain, Binance has announced the cessation of support for Tron-based USD Coin (USDC) by April 5. This announcement follows news that the Philippines' Securities and Exchange Commission (SEC) will block Binance's access within the country due to its unregistered operations.
- Crypto Market Rebounds: Dogecoin and Shiba Inu Recover, Furrever Token Presale Surges Forward
- Mar 25, 2024 at 09:32 pm
- Amidst recent market fluctuations, meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) exhibit signs of recovery. DOGE surges 12% to $0.1512, while SHIB rises 6% to $0.000027. Furrever Token (FURR) defies market trends, surpassing $450,000 in its ongoing presale with an impressive momentum.
- Bitcoin Surge Boosts Coinbase and MicroStrategy Stocks
- Mar 25, 2024 at 09:32 pm
- Coinbase Global Inc (COIN) and MicroStrategy Inc (MSTR) shares surge on Monday, following a rise in Bitcoin prices. Coinbase, a crypto exchange, benefits from price fluctuations in crypto, while MicroStrategy holds a significant amount of Bitcoin and focuses on its accumulation. Bitcoin's 2% gain in the past 24 hours, hovering around $66,950, drives the momentum in the crypto-related stock market.
- NFTFN Presale Nets Crypto Whales with Promise of Outsized Gains in Booming NFT Market
- Mar 25, 2024 at 09:30 pm
- Driven by bullish market sentiment in early 2023, crypto whale investors have invested heavily in the presale of NFTFN, an innovative NFT market solution provider. The project addresses key market challenges through its flagship product, SuperNova (SNV), a low-barrier NFT trading platform with leverage capabilities. NFTFN's strong foundational offerings, coupled with its strategic alliances with industry leaders and well-structured tokenomics, have positioned it as an attractive investment opportunity, poised to capitalize on the growing NFT market, projected to reach $230 billion by the end of the decade.
- ANZ and Chainlink Forge Interoperability Bridge for Cross-Chain Tokenized Asset Settlements
- Mar 25, 2024 at 09:30 pm
- ANZ and Chainlink Labs have successfully integrated the Avalanche and Ethereum blockchains to enable on-chain settlement options. Using Chainlink's cross-chain interoperability protocol (CCIP), ANZ demonstrated the seamless transfer and settlement of tokenized assets across networks with different currencies. This initiative leverages "Delivery vs. Cost (DvP)" principles to modernize traditional settlement processes and ensure atomic, non-intermediated transactions.
- It’s All Fun and Gains Until Your Developer Tweets: “Oh Fuck”
- Mar 25, 2024 at 09:30 pm
- The recent surge in Solana's DeFi ecosystem has brought a wave of excitement, particularly surrounding memecoins. While these tokens offer the potential for substantial gains, they also carry significant risks. This article highlights five key risks to consider before investing in Solana memecoins: incompetent creators, pseudonymous identities, rug pulls, risky presales, and the lack of utility for most memecoins. Investors should approach these investments with caution, recognizing the potential for significant losses.
- Aptos Poised for New Heights: Contender Eyes All-Time High
- Mar 25, 2024 at 09:28 pm
- Aptos (APT), a decentralized cryptocurrency targeting the e-commerce industry through secure and efficient digital transactions, has demonstrated resilience amidst market volatility and is approaching its all-time high. This potential surge is driven by factors such as growing e-commerce adoption, a solid decentralized finance (DeFi) presence, and technical indicators signaling strength in its upward trend.
- Price Appreciation Surges Despite Token Unlocks: Pendle, YGG, and SingularityNET Thrive
- Mar 25, 2024 at 09:26 pm
- Despite scheduled token unlocks, Pendle (PENDLE), Yield Guild Games (YGG), and SingularityNET (AGIX) have witnessed price surges in the past 24 hours, driven by bullish technical indicators and positive market sentiment surrounding the token unlocks. PENDLE soared by 12.39%, YGG jumped 14.87%, and AGIX climbed 7.72%, countering the typical volatility associated with token unlocks.
- Memecoin Revival: PEPE Soars, DOGE and SHIB Poised for Recovery
- Mar 25, 2024 at 09:24 pm
- Amidst a crypto market consolidation, PEPE is poised for a rally. Its price is nearing the breakout of a consolidation pattern, indicating a potential upswing. Meanwhile, Dogecoin and Shiba Inu are expected to follow suit, although they currently face bearish pressure. While these memecoins await a resurgence, dogwifhat, Bonk, and Honk are performing well.
- ANZ and Chainlink Labs Revamp Cross-Chain Asset Settlement with Interoperability
- Mar 25, 2024 at 09:24 pm
- ANZ and Chainlink Labs have collaborated to demonstrate cross-chain settlement solutions between Avalanche and Ethereum using Chainlink's Cross-Chain Interoperability Protocol (CCIP). The simulation involved tokenized asset purchase on Ethereum with settlement on Avalanche, employing the "Delivery vs. Payment" protocol. ANZ aims to modernize traditional DvP processes through tokenization and atomic cross-chain settlement.
- Shibarium Network's TVL Soars, Reaches $3.87M Milestone
- Mar 25, 2024 at 09:23 pm
- Shibarium, Shiba Inu's layer-2 blockchain, has reached a record total value locked (TVL) of $3.87 million, marking a surge from below $1 million for most of the year. The catalyst for this growth is the launch of the DAMN meme coin on WoofSwap, leading to a 9,292% increase in WoofSwap's TVL. This surge is supported by the broader crypto market's relief rally, anticipation for new DeFi projects on Shibarium, and the growth of the ecosystem's tokens, SHIB and BONE, contributing to the positive momentum within the Shibarium network.