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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
- Ethereum Classic Shows Moderate Risk in Latest Assessment
- Mar 27, 2024 at 08:12 am
- Ethereum Classic exhibits moderate risk, according to InvestorsObserver's proprietary analysis. This metric measures the susceptibility of a coin to manipulation based on the funds required to influence its price over the past 24 hours, along with volume and market cap fluctuations. A lower score indicates higher risk, while a higher score represents lower risk. ETC's risk assessment suggests cautious consideration for investors concerned with potential market manipulation.
- Cosmos (ATOM): Very Bullish Outlook Amidst Market Downturn
- Mar 27, 2024 at 08:12 am
- Cosmos (ATOM) received a Very Bullish rating from InvestorsObserver on Wednesday, rising 1.13% to $12.37 despite a 0.67% decline in the overall crypto market. Over the past five days, Cosmos's performance, as measured by volume and price movement, has earned it a Very Bullish Sentiment Score. This score provides insight into the crypto's short-term performance for traders seeking to capitalize on short-term rallies or purchase at opportune low points.
- Coinbase Shifts USDC Accounts to Base Layer-2 Blockchain
- Mar 27, 2024 at 08:12 am
- Coinbase will transition more of its stablecoin accounts to Base, its Ethereum layer-2 blockchain, to enhance efficiency and reduce costs. This move impacts Coinbase.com accounts only and aligns with the company's vision of an on-chain financial system. Coinbase emphasizes that customer assets are held 1:1 and not loaned out without authorization. However, concerns have been raised about Base's current centralization, with Coinbase as the sole sequencer. Despite this, Coinbase plans to progressively decentralize the blockchain over time.
- Litecoin Soars with Strong On-Chain Metrics Amid Coinbase Futures Launch
- Mar 27, 2024 at 08:07 am
- Litecoin, a notable cryptocurrency, has experienced a stable price movement with a fractional gain of 0.13% today. Despite the modest price action, on-chain activity indicates a positive trend as the number of Litecoin addresses holding the asset surges, exceeding 8 million—a substantial growth compared to last year, signifying over a million new holders. Additionally, Coinbase's plans to introduce cash-settled futures contracts for Litecoin in early April, pending CFTC approval, could solidify Litecoin's status as a commodity and potentially pave the way for a Litecoin ETF.
- Tezos' Mainnet Launch: Milestone Amidst Turmoil and Regulatory Uncertainty
- Mar 27, 2024 at 08:07 am
- The Tezos cryptocurrency project is preparing to launch the main version of its network on Monday, underpinning a new virtual token. The foundation raised $232 million in July 2017 to build the network, facing internal infighting, delays, and litigation. Despite these challenges, the mainnet launch marks a milestone for the project, subject to ongoing regulatory scrutiny.
- 2024 Greatest Generation Commemorative Coins: Discounted Prices Ending Soon!
- Mar 27, 2024 at 08:06 am
- The United States Mint offers the Greatest Generation Commemorative Coins in 2024, honoring the bravery during World War II. These coins, available in gold, silver, and clad, feature discounted pre-order pricing that expires on March 29, 2024. After that date, prices will increase for the coins, which include surcharges directed to the Friends of the National World War II Memorial for maintenance, repairs, and educational programs.
- Should You Buy Nitro Network (NCash) Wednesday?
- Mar 27, 2024 at 08:05 am
- Nitro Network receives a poor short-term technical score of 7 from InvestorsObserver analysis. NCash holds a better recent technical analysis than only 7% of tokens at its current price, indicating a bearish sentiment among traders in the short-term.
- Gunzilla Games Secures $30M Funding for 'Off the Grid' Battle Royale Shooter
- Mar 27, 2024 at 08:05 am
- Gunzilla Games, the studio helmed by "District 9" director Neill Blomkamp and creator of the upcoming battle royale shooter "Off the Grid," has secured $30 million in funding. Led by CoinFund and Avalanche's Blizzard Fund, the investment will fuel the game's development for PC, PlayStation 5, and Xbox Series X/S platforms. "Off the Grid" boasts 150-player battles and blockchain integration through Avalanche NFTs, with its own subnet (GUNZ) supporting the ecosystem and third-party game development.
- Is Immutable (IMX) a Safe Cryptocurrency Investment?
- Mar 27, 2024 at 08:04 am
- Immutable, a decentralized finance token, carries an average risk rating according to the InvestorsObserver analysis. This metric evaluates the price movement of the last 24 hours relative to volume alterations, indicating a moderate level of volatility and manipulability risk. The risk score ranges from 0 to 100, with lower numbers indicating higher risk and higher values signifying reduced risk.
- Is Render (RNDR) a Steady Investment Amid Market Volatility?
- Mar 27, 2024 at 08:04 am
- Despite its moderate volatility compared to other cryptocurrencies, Render (RNDR) has shown positive performance on Wednesday, gaining 0.46% to reach $11.48. This moderate volatility, along with a low Risk/Reward Gauge reading, indicates that RNDR has balanced price swings and strong protection against price manipulation. Its current price is positioned favorably, with support at $10.95 and resistance at $11.82, leaving room for further growth before facing selling pressure.
- Altcoin Surge Predicted as Consolidation Fuels Market for Gains
- Mar 27, 2024 at 08:02 am
- Popular crypto trader Altcoin Sherpa believes altcoins are poised for significant rallies following a market pullback. Render (RNDR), Solana (SOL), RSS3 (RSS3), and Vanar Chain (VANRY) are highlighted as potential breakout candidates. The analyst suggests investing in these assets and anticipates a bullish trend in the coming weeks.
- Acquisition of Pacific Park by SC Holdings to Enhance Iconic Santa Monica Destination
- Mar 27, 2024 at 08:02 am
- Santa Monica Amusements has sold Pacific Park amusement park on the Santa Monica Pier in Los Angeles, California, US, to SC Holdings, an investment firm specializing in entertainment and hospitality. The new owner plans to invest US$10m over five years in the park's food and entertainment offerings.
- Bowlero Debuts Lucky Strike Miami in Downtown Development Surge
- Mar 27, 2024 at 08:02 am
- Bowlero Corporation has expanded its Lucky Strike brand with the opening of a new venue in Miami, Florida. Located in the Miami Worldcenter development, the 30,000-square-foot space boasts 28 bowling lanes, an arcade, a cocktail bar, and a VIP room with six private lanes. This is the second Lucky Strike venue to open since the brand's acquisition by Bowlero in 2023.
- New York University Files for Bankruptcy Protection
- Mar 27, 2024 at 08:02 am
- This article presents a detailed overview of a recent bankruptcy case filed in the U.S. Bankruptcy Court for the District of Delaware. The case involves New York University and various law firms, including DLA Piper, Katten Muchin, Landis Rath, Reed Smith, Saul Ewing, and Sullivan & Cromwell. The nature of the suit and the specific details of the case are currently available only to subscribers.
- BlockDAG Leads Cryptocurrency Advancements, Eclipsing Market Fluctuations
- Mar 27, 2024 at 08:01 am
- BlockDAG emerges as a beacon in the cryptocurrency market amidst the fluctuations of Shiba Inu and NEAR Protocol. Through its innovative integration of DAG and PoW technologies, BlockDAG establishes new standards for scalability, security, and decentralization. With over $8.8 million raised in presale, BlockDAG signals its potential as a dominant investment choice for the upcoming 2024 crypto surge.
- Avalanche Price Outlook: Mixed Signals Hint at Potential Upside, But Caution Advised
- Mar 27, 2024 at 08:01 am
- AVAX/USD has decreased by -3.10% in the last 24 hours, underperforming the overall crypto market which has seen a -2.70% decline. AVAX/BTC and AVAX/ETH have also witnessed drops of -3.45% and -3.23%, respectively. Despite these losses, AVAX remains in a positive trend, having gained 50.21% in the past month and 239.22% over the past year. Our Avalanche price prediction projects a 30.12% increase to $72.43 by Mar 31, 2024.
- Coinbase Shifts Stablecoin Accounts On-Chain to Enhance Security
- Mar 27, 2024 at 08:00 am
- Coinbase is shifting its USD Coin (USDC) stablecoin accounts to its Ethereum layer-2 blockchain, Base, to enhance efficiency and reduce fees. This move aims to lay the groundwork for a future on-chain financial system and could influence other cryptocurrency exchanges and banks to adopt similar strategies. While some concerns exist regarding the current centralization of Base, Coinbase plans to progressively decentralize it over time.
- Bitcoin's Surge Cools as Coinbase Premium Gap Returns to Neutral
- Mar 27, 2024 at 08:00 am
- The Bitcoin Coinbase Premium Gap, which gauges the difference between Bitcoin prices on Coinbase and Binance exchanges, has returned to neutral levels, suggesting that buying pressure on Coinbase has subsided. The positive premium gap had been a driving force behind the recent Bitcoin rally, and its decline may indicate a slowdown in buying momentum.
- ATOM Signals Impending Bull Run with Surging Derivatives, Turning Chart
- Mar 27, 2024 at 08:00 am
- ATOM's high demand in the derivatives market last week led to a 4.5% increase in its value in the past 24 hours. Analysis suggests that ATOM is approaching its cycle's bottom, making it a potential time to accumulate for investors. Derivatives investors have been actively buying ATOM, as indicated by the high Funding Rate.
- Crypto Market Resurges: BNB, SOL, and FURR Lead the Charge
- Mar 27, 2024 at 08:00 am
- Amidst a recovering crypto market, Binance Coin (BNB) and Solana (SOL) showcase strong growth, with BNB surging 12% and SOL exhibiting consistent gains. Additionally, Furrever Token (FURR) has gained impressive momentum in its presale, raising $500,000 and promising substantial returns, affordability, and an engaging user experience.
