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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
- Canucks Lose Coin-Flip Game to Kings, But Playoff Hopes Still Strong
- Mar 27, 2024 at 05:30 am
- Vancouver Canucks head coach Rick Tocchet compared Monday's 3-2 loss to the Los Angeles Kings to a coin flip, acknowledging the low-scoring nature of the game. Despite pulling goaltender Casey DeSmith to gain an extra attacker, the Canucks fell short in their attempt to tie the score. Nonetheless, Tocchet expressed confidence in his team's defensive performance, emphasizing the importance of playing fast and limiting the opposition's opportunities. With 10 regular season games remaining, the Canucks are focused on maintaining their strong defensive play in preparation for the upcoming playoffs.
- AIOZ Network Soars as AI Tokens Surge $28 Billion
- Mar 27, 2024 at 05:30 am
- AIOZ Network, a DePIN for Web3 AI, storage, and streaming, has seen a surge in its price by over 200%. This is attributed to a $28 billion boost in the AI token sector, with AIOZ Network being among the top 10 in valuation with a $1.1 billion market cap. Additionally, a major collaboration with Alibaba Cloud to enhance Web3 capabilities through the DePIN Alliance in Southeast Asia has also contributed to the token's success.
- Worldcoin's Iris-Scanning Crypto Project Stumbles in Portugal
- Mar 27, 2024 at 05:29 am
- Amidst numerous complaints, Portugal's data regulator has ordered Worldcoin to cease biometric data collection. The project has faced legal challenges in Spain, Kenya, and South Korea, prompting concerns about potential price declines for its native cryptocurrency, WLD. However, Worldcoin has introduced Personal Custody, allowing users direct control over their data, potentially mitigating some regulatory concerns while enabling enhanced security measures.
- Floki Inu Unveils Ambitious 2024 Roadmap, Blurring Lines Between Crypto and TradFi
- Mar 27, 2024 at 05:29 am
- The Floki Inu development team has unveiled its ambitious 2024 roadmap, outlining plans to introduce regulated digital banking accounts, integrate with the Venus DeFi protocol, launch a Floki Debit Card, list the FLOKI token on the Venus Core Pool, and develop a cross-chain trading bot and Valhalla mainnet. The initiatives aim to enhance the utility and features of the memecoin, bridging the gap between traditional banking and cryptocurrencies, improving liquidity, and promoting cryptocurrency adoption.
- Latin American Remittances Surge, Led by Digital and Crypto Revolution
- Mar 27, 2024 at 05:27 am
- Mastercard's white paper highlights the growing remittance rates in Latin America, surpassing the global average. The report emphasizes the shift towards digital remittance options, boosted by mobile and internet penetration. Despite high costs, digital remittances are projected to reach $20 billion by 2026. However, challenges remain, including trust, regulatory issues, and a lack of comprehensive digital payment ecosystems in recipient countries. Mastercard advocates for collaboration among remittance providers to address these obstacles.
- DeFi Development Booms as Market Rebounds, Osmosis Emerges as Leader
- Mar 27, 2024 at 05:26 am
- Amidst a recovering market, Cosmos-based decentralized exchange Osmosis emerges as the most actively developed DeFi project with over 169 GitHub commits in the past 30 days. Osmosis's TVL has surged over 239% since November 2023, driven by airdrop farming interest. dYdX and Synthetix follow with significant development activity and TVL recoveries, while Uniswap lags behind despite a TVL increase.
- Dogecoin's Epic Surge: Correction Imminent, Technical Analysis Warns
- Mar 27, 2024 at 05:22 am
- Technical analysis suggests that Dogecoin (DOGE) is at risk of a sharp price correction of up to 50%, as indicated by an overbought Relative Strength Index (RSI), resistance at the 0.236 Fibonacci retracement level, and a historically bearish pattern following the appearance of a Golden Cross.
- Tether Embraces AI, Announces Hiring Drive
- Mar 27, 2024 at 05:17 am
- Blockchain firm Tether, creator of the USDT cryptocurrency, announces its expansion into artificial intelligence (AI) to enhance accessibility and efficiency in the field. Tether's AI strategy includes investing in open-source multimodal AI models, creating AI-focused roles, and partnering with Northern Data Group for AI cloud platforms and data center infrastructure.
- Litecoin Surge: Growing Adoption Fuels Speculation of Price surge
- Mar 27, 2024 at 05:13 am
- Litecoin's adoption has surged, with over 8 million holders now using the blockchain. This growth, driven by new users and existing users dividing their holdings, reflects the appeal of its fast and affordable transactions. While adoption generally bodes well for a cryptocurrency, LTC's price has not yet fully benefited, lagging behind peers despite the upcoming launch of Litecoin futures on Coinbase.
- Galaxy Digital CEO: Bitcoin Set for Widespread Adoption Amid Economic Uncertainty
- Mar 27, 2024 at 05:13 am
- Galaxy Digital CEO Mike Novogratz expressed optimism about Bitcoin's future due to recent ETF approvals and economic conditions. He believes Bitcoin ETFs will attract "boomer wealth," driving adoption higher. Novogratz cited the escalating U.S. national debt and the upcoming Bitcoin halving as macro factors supporting crypto growth, while acknowledging ongoing regulatory challenges and frustration with the SEC's slow pace in approving crypto-related applications.
- Binance DEX Surge: Can It Topple Ethereum's Crypto Crown?
- Mar 27, 2024 at 05:10 am
- Binance's decentralized exchange (DEX) volumes have witnessed a surge, potentially surpassing those of Ethereum. This trend could reflect a shift in the decentralized finance (DeFi) landscape, with implications for Binance Coin (BNB) value. The increase in DEX volumes on the BNB network signifies increased trading activity, impacting the Total Value Locked (TVL) and BNB's price, which has seen a 2.67% rise in the past 24 hours. Analysts predict a potential uptrend, with a retest of the $635.2 resistance level potentially paving the way for further appreciation.
- SEC Lawsuit Could Define XRP's Fate as Security or Commodity
- Mar 27, 2024 at 05:09 am
- The Securities and Exchange Commission (SEC) vs. Ripple case remains unresolved, leaving ambiguity over whether cryptocurrencies are securities or commodities. Market analysts speculate that a ruling in favor of the SEC could trigger market volatility. Further, the SEC has proposed remedies against Ripple, including disgorgement, prejudgment interest, and civil penalties totaling approximately $2 billion.
- Fantom's Supply Dynamics Reveal Shift to Long-Term Investors, Bullish Outlook
- Mar 27, 2024 at 05:08 am
- FTM's price dynamics are influenced by shifting supply patterns, with a growing accumulation by mid- and long-term holders suggesting confidence in its future. Market sentiment remains bullish despite an overbought RSI, and token movement analysis reveals a transition to long-term holding, reflecting a maturing ecosystem and potential for sustained growth.
- Shiba Inu Soars as Tech Advancements Fuel Speculative Frenzy Among Investors
- Mar 27, 2024 at 05:08 am
- Driven by advancements in its Shibarium network, Shiba Inu (SHIB) has garnered significant investor attention. The network's growth, exceeding 3 million transactions and 1.3 million active wallets, has fueled SHIB's impressive rally. Periodic token burns and the DAMN protocol's integration with Shibarium have further accelerated the deflationary process, increasing both DAMN and BONE's value.
- Navigating the Puzzle of Hillstone Finance $HSF Airdrops: Unlocking Crypto Treasures with Earndrop
- Mar 27, 2024 at 05:07 am
- Earndrop empowers crypto enthusiasts to discover and claim Hillstone Finance $HSF airdrops effortlessly, offering a gateway to expand their crypto portfolios. By leveraging Earndrop's intuitive platform, users can stay updated on the latest Hillstone Finance $HSF airdrop opportunities, receive notifications, and participate in campaigns seamlessly, maximizing their chances of earning free tokens and exploring the exciting realm of cryptocurrency giveaways.
- US Crypto Markets Roil Amid KuCoin Charges and Equity Sell-Off
- Mar 27, 2024 at 05:05 am
- Crypto markets experienced volatility, with Bitcoin (BTC) surging initially before declining after charges were announced against KuCoin. The crypto market's decline follows increased scrutiny from US regulators on major exchanges. Despite the crackdown, bullish momentum persisted, fueled by a dovish Federal Reserve and institutional interest. Altcoins witnessed significant losses, particularly those traded on KuCoin, impacted by the charges.
- Tether Embraces AI: AI-Powered Cryptocurrency Revolution on the Horizon?
- Mar 27, 2024 at 05:05 am
- Cryptocurrency firm Tether makes a significant move into artificial intelligence, aiming to enhance accessibility and efficiency. Tether's AI focus will encompass developing open-source, multimodal AI models and establishing new industry standards. The company has also listed new AI-related job positions, emphasizing its commitment to transparency and privacy in AI model development.
- NFTs: Risky Investment or Worthless Collectibles?
- Mar 27, 2024 at 05:04 am
- Non-fungible tokens (NFTs), once highly sought after, have experienced a downturn, with celebrities like Kevin Hart and Justin Bieber facing significant financial losses. Despite the reported 81% loss on Hart's Bored Ape Yacht Club NFT purchase, his overall net worth remains substantial due to diverse investments in various companies and ventures.
- ETH Merge Fueling ETH Security Concerns, Spot ETF Hopes in Limbo
- Mar 27, 2024 at 05:02 am
- Following the Ethereum Merge, SEC Chair Gensler labeled ETH as a security due to its transition to Proof-of-Stake (PoS). This classification raises uncertainty for the future of an ETH-spot ETF market, with analyst Eric Balchunas estimating a 25% probability of approval despite a lack of positive signs. However, hopes for an ETH-spot ETF remain, exposing ETH to market-related news and chatter.
