Cryptocurrencies Today: News, Analysis, and Predictions ☀️

Blockchain Association And Texas Crypto Alliance Sue SEC Over ‘Dealer Rule’ Expansion

Apr 23, 2024 | 07:50 am

The post Blockchain Association And Texas Crypto Alliance Sue SEC Over ‘Dealer Rule’ Expansion appeared first on Coinpedia Fintech News The Blockchain Association and the Crypto Freedom Alliance of Texas have filed a lawsuit against the U.S. Securities and Exchange Commission, alleging that its expanded definition of “dealer” unfairly to include ordinary digital asset trading. The suit, submitted to the District Court for the Northern District of Texas, argues that the rule’s broad scope unjustly …

Spectacular 350% Explosion Predicted For Shiba Inu, XRP, Solana, Cardano, Avalanche, DOT

Apr 23, 2024 | 07:41 am

Based on their proprietary index and Fibonacci levels, Glassnode's cofounders envision a gargantuan ~350% explosion from the current market levels.

All eyes on PEPE following Bitcoin halving

Apr 23, 2024 | 07:40 am

Bitcoin Halving was potentially a success, as it has set BTC on the path to surpass the milestone of $100k by the end of this year, that is, 2024. Although an actual impact has yet to be registered by the crypto market, all eyes are turning to everyone’s favorite cryptos. PEPE is on the list …

AI-based human gene editing breakthrough opens path to open-source cures to disease, slow aging

Apr 23, 2024 | 07:30 am

Founder and CEO of Biotechnology company Profluent Ali Madani revealed today that his team has successfully edited DNA in human cells using gene editors entirely designed by artificial intelligence. Furthermore, these newly created molecules will be made available for free under the OpenCRISPR initiative, potentially revolutionizing how researchers approach gene editing. This innovation stems from […] The post AI-based human gene editing breakthrough opens path to open-source cures to disease, slow aging appeared first on CryptoSlate.

Binance Coin (BNB) Leads Market Rally with 5% Surge, Hits $604.29

Apr 23, 2024 | 07:24 am

Binance Coin (BNB) has been gathering bullish momentum to break through the final handle towards a new all-time high (ATH). The Binance ecosystem has grown significantly despite the regulatory hurdles facing web3-focused companies around the world. Following the fourth Bitcoin (BTC) halving over the weekend, the altcoin market led by Binance Coin (BNB) has enjoyed [...]

RoboHero’s Compromised Twitter Account Sounds Alarm on Web3 Projects Cybersecurity Vulnerabilities

Apr 23, 2024 | 07:19 am

The recent breach of RoboHero’s Twitter account highlights the cybersecurity vulnerabilities facing Web3 projects on social media platforms. RoboHero, the pioneering Web3 mobile game, experienced a severe security incident on April 2, 2024, when hackers compromised its official Twitter account. The breach underscores the growing cybersecurity risks for Web3 projects and the importance of robust […]

Ethereum Spot Premium Reaches Highest Level Since October 2023 Says Top Analyst

Apr 23, 2024 | 07:16 am

The post Ethereum Spot Premium Reaches Highest Level Since October 2023 Says Top Analyst appeared first on Coinpedia Fintech News A recent analysis by prominent crypto trader Daan Crypto Trades highlights a significant development in the Ethereum market. According to Daan Crypto Trades, the spot premium for Ethereum (ETH) has surged to its highest level since October last year. Despite this, Ethereum’s price has doubled since then, indicating substantial progress. Ethereum’s spot premium hits highest …

BNB price reaches $600, eyes record highs in 2024!

Apr 23, 2024 | 07:15 am

The BNB value has picked up to about $520, with the current price indicating a great chance to bounce back significantly. This trend in BNB’s price growth follows the performances of other widely used cryptocurrencies, such as Ethereum and Bitcoin, indicating that investors around the globe have confidence in the digital currency market. As it …

Optimism Returns to the Bitcoin ETFs Market After Halving

Apr 23, 2024 | 07:04 am

TL;DR Surge in Optimism: The Bitcoin ETFs market has seen renewed confidence post-Bitcoin halving, with increased net inflows into Bitcoin-related ETFs, indicating a positive outlook among investors. BlackRock’s Milestone: BlackRock’s Bitcoin ETF is nearing a record in assets under management, reflecting the growing mainstream acceptance of Bitcoin as an investment vehicle. Market Integration: The integration ... Read more

Cardano Billionaire Who Bought ADA In 2017 Says Don’t Miss ETFSwap (ETFS) 10,000% Rally To $1

Apr 23, 2024 | 07:00 am

The post Cardano Billionaire Who Bought ADA In 2017 Says Don’t Miss ETFSwap (ETFS) 10,000% Rally To $1 appeared first on Coinpedia Fintech News Since the market became widely known, success stories have become a norm, as millions of investors who were ordinary citizens hit it big by making the right investment at the right time. Among these stories is a noteworthy scenario of several curious individuals taking a chance on Cardano (ADA) by investing in the token following …

Crypto Expert Confirms Rotation Has Begun Post-Bitcoin Halving, Are Investors Moving Away From BTC?

Apr 23, 2024 | 07:00 am

A crypto analyst has shed light on the latest trends regarding the Bitcoin (BTC) dominance within the crypto market, suggesting a potential shift in investor sentiment as they diversify their portfolios beyond the pioneer cryptocurrency. Bitcoin Dominance Is Waning Popular crypto analyst and trader, Michael van de Poppe took to X (formerly Twitter), on Monday, […]

Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC

Apr 23, 2024 | 06:57 am

Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached 2 bitcoins ($132,298). This heightened interest in the rare satoshi is tied […]

Ali Charts shares his opinion on Bitcoin Halving

Apr 23, 2024 | 06:56 am

Bitcoin is rallying above the mark of $66,000 as the article is being drafted. There is speculation that it could go as high as $100k by the end of this year. Alternate speculation suggests that the token could even surpass the mark of $150,000 before entering the next year. Some of it is linked to …

The Weekly Reorg: This Time Is Different

Apr 23, 2024 | 06:56 am

My buddy Harry Sudock has a wager with Danny Knowles of What Bitcoin Did fame about the prospect of a 50 BTC block reward in this new epoch. Putting aside a couple of fat fingers, the last time this happened was over 4000 days ago. Late last Friday night, his bet almost hit on the [...] The post The Weekly Reorg: This Time Is Different appeared first on Crypto Breaking News.

New Crypto Wave: Traders Set Sights On New 2000x Altcoin With Prospective Of an Aggressive ROI Before May 2024

Apr 23, 2024 | 06:53 am

The quest for the next big windfall is perpetual. Amidst this digital rush, a new contender has emerged—Option2Trade (O2T). Promising a staggering 2000x return and an aggressive return before May 2024, Option2Trade (O2T) has quickly captured the attention of savvy traders looking to capitalize on potential high-yield opportunities. O2T’s Magnetic Appeal Option2Trade (O2T) distinguishes itself […]

BlackRock Bitcoin ETF enters elite top 10 continuing a 70-day positive run of inflows

Apr 23, 2024 | 06:45 am

Quick Take According to Farside data, Bitcoin (BTC) exchange-traded funds (ETFs) saw a net inflow of $62.2 million on April 22. This marks back-to-back net inflows for the first time since April 11. Grayscale GBTC recorded a $35 million outflow, its smallest outflow since April 10. This could be influenced by their plans to create […] The post BlackRock Bitcoin ETF enters elite top 10 continuing a 70-day positive run of inflows appeared first on CryptoSlate.

Cardano’s Giant Leap: PRAGMA Association Signals a New Era of Scalability and Global Ambitions

Apr 23, 2024 | 06:41 am

TL;DR Cardano celebrates the launch of PRAGMA, an independent open-source association, a key factor towards global scalability. The aim is to foster a solid and diverse ecosystem to ensure the scalability and resilience needed in the crypto and financial market. PRAGMA operates independently within the ADA community. Its initial projects, Amaru and Aiken, focus on ... Read more

Animoca Brands Japan inks a deal with SQUARE ENIX CO. LTD

Apr 23, 2024 | 06:35 am

A strategic agreement has been reached between Animoca Brands and SQUARE ENIX CO. LTD. to increase the visibility of the game SYMBIOGENESIS, which was developed by SQUARE ENIX. It comes with 10,000 NFT entities with game functionality. Animoca Brands Japan will leverage its extensive experience in promotional endeavors to facilitate the game’s global exposure. SYMBIOGENESIS …

Whales Are Moving Their Capital to BlastUP! DOGE and SHIB Holders Are Thrilled with Potential Gains

Apr 23, 2024 | 06:30 am

Big investors are shifting their investments into a rising coin called BlastUP, causing excitement among […]

Ripple Rejects SEC’s Harsh Demands, Challenges Unfair Tactics in XRP Lawsuit

Apr 23, 2024 | 06:27 am

The post Ripple Rejects SEC’s Harsh Demands, Challenges Unfair Tactics in XRP Lawsuit appeared first on Coinpedia Fintech News XRP’s journey has been nothing short of a rollercoaster, thanks to the ongoing Ripple vs. SEC drama. Priced around $0.55, XRP’s recent surge in trading volume amidst legal turmoil is catching eyes. The case’s outcome isn’t just pivotal for Ripple but for the wider crypto world. In the latest twist, Ripple has made moves to …

Polygon’s Path to $1: Insights Into Whales’ Impact on Market Dynamics

Apr 23, 2024 | 06:23 am

Polygon whales are on a rampage with renewed interest to push the price toward $1. Besides its ecosystem whales, growth in active address counts is also a bullish catalyst for MATIC. Polygon (MATIC), one of the top altcoins built on Ethereum is on its way to climbing to $1 and the influence of large holders [...]

PDVSA to raise the usage of Tether stablecoin

Apr 23, 2024 | 06:15 am

PDVSA, a state operated oil company in Venezuela, is preparing itself for raising the usage of Tether stablecoin for the export of crude and fuel oil, since the US now intends to introduce sanctions on the country, as per a report issued by Reuters. A short while back, a statement released by Reuters, mentioned that …

3 Best Cryptos Under $0.50 with 50X Potential: BlastUP, Dogecoin, and BONK

Apr 23, 2024 | 06:15 am

In a market that’s rapidly heating up, finding coins with the potential to skyrocket presents […]

XRP Multi-Millionaire Joins $888k Giveaway Simply To Buy A New Ferrari 812 With Free Cryptocurrency

Apr 23, 2024 | 06:13 am

The post XRP Multi-Millionaire Joins $888k Giveaway Simply To Buy A New Ferrari 812 With Free Cryptocurrency appeared first on Coinpedia Fintech News Cryptocurrencies are not just about investment and finance; they’re also a gateway to high-flying lifestyles, as evidenced by a Ripple (XRP) multi-millionaire’s recent entry into an $888k giveaway, eyeing nothing less than a lavish Ferrari 812. This bold move highlights the unique cultural phenomena within the crypto community, where significant wealth meets grand ambitions. The …

Rising Threats: How Scammers Exploit Telegram’s Support for TON Blockchain

Apr 23, 2024 | 06:11 am

Scammers use the referral links offered in private Telegram groups to defraud victims into incurring irreparable cash losses of $2 to $2,700. Toncoin’s price has dropped sharply, falling 9.41% over the last week and 7.13% over the previous day, suggesting increased market volatility. Scammers have unknowingly found a fruitful field thanks to Telegram’s introduction of [...]

Binance faces app removal in the Philippines over regulatory issues

Apr 23, 2024 | 06:10 am

The Philippines Securities and Exchange Commission (SEC) said it is working with Google and Apple to remove the Binance app from their app marketplaces for Filipino users, according to an April 23 statement. The regulator said: “In separate letters addressed to Google and Apple dated April 19, the SEC has requested for the removal of […] The post Binance faces app removal in the Philippines over regulatory issues appeared first on CryptoSlate.

Bitcoin’s Post-Halving Resilience: On-Chain Data Reveals Surprising Trends Amid Economic Uncertainty

Apr 23, 2024 | 06:09 am

TL;DR Investor Confidence: Despite economic uncertainty, Bitcoin exchange outflows have increased, indicating investors are moving assets to cold storage in anticipation of price rises, suggesting a strong belief in Bitcoin’s long-term value. Miners’ Strategy: Miners are adapting to the reduced block reward by holding back BTC from exchanges, possibly using it as collateral to upgrade ... Read more

Landmark Exchange Auction: CoinEx “Epic Sat” Now in Progress

Apr 23, 2024 | 06:05 am

The fourth “epic sat,” mined earlier by ViaBTC, the third-largest mining pool in the world, […]

Moon teaser accelerates BlockDAG’s journey to top 10 crypto by 2024 with 30,000x ROI to beat Solana & PEPE

Apr 23, 2024 | 06:00 am

BlockDAG is captivating the cryptocurrency market with its ambitious announcement of a moon teaser for its upcoming keynote video, significantly accelerating its journey towards becoming a top 10 cryptocurrency by 2024. This bold initiative showcases BlockDAG’s innovative spirit and commitment to breaking new ground, with a staggering projected 30,000x return on investment (ROI) that aims …

First USDC airdrop sent out; Octoblock has many more coming

Apr 23, 2024 | 06:00 am

Octoblock’s ICO is young at phase 4, yet it has seen its first USDC airdrop, and many more are lined along its 14 phases. Octoblock is running an exciting ICO, hoping to distribute 240M tokens, with 16M tokens available in phase 4. The early phases feature discounted OCTO token prices and higher bonuses. As the …

Research Warns About Incoming Short-squeeze Led By Altcoins and Memecoins

Apr 23, 2024 | 06:00 am

TL;DR Following the fourth halving, speculations about the short-term market have begun. Previous halvings have resulted in a substantial increase in the price of Bitcoin, but this growth has occurred approximately between 50 and 100 days later. QCP anticipates a possible short squeeze led by altcoins and memecoins in the short term due to negative ... Read more

Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price

Apr 23, 2024 | 06:00 am

Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Source: CoinMarketCap Ether’s Challenging Trajectory Since [...] The post Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price appeared first on Crypto Breaking News.

Ripple Strikes Back: Motion Challenges SEC’s Late Expert Submission

Apr 23, 2024 | 06:00 am

The battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to ignite more controversy. Ripple has struck back against the SEC’s submission of new expert materials by filing a Motion to Strike in response to the SEC’s Motion for Remedies and Entry of Final Judgment. For Ripple, what matters is that SEC […]

India’s fair trade regulator to appoint agency for studying AI landscape

Apr 23, 2024 | 06:00 am

The CCI study is expected to examine the potential competition, scope, and nature of AI applications while assessing the tech's associated opportunities, risks, and ramifications. [...] Read More... The post India’s fair trade regulator to appoint agency for studying AI landscape appeared first on CoinGeek.

Binance Market Share Declines as Fees Return; Smaller Players Surge!

Apr 23, 2024 | 05:49 am

The post Binance Market Share Declines as Fees Return; Smaller Players Surge! appeared first on Coinpedia Fintech News One of the leading cryptocurrency exchanges in the world, Binance, has faced increased competition after ending its large-scale zero-fee promotion last year. Here’s an in-depth look at what’s happening and most importantly, the impact of it. Binance’s Market Share Decline Kaiko Data’s latest findings reveal a stark decline in Binance’s Bitcoin (BTC) market share. From …

Blackrock Bitcoin ETF Enters Top 10 for Longest Inflows

Apr 23, 2024 | 05:48 am

BlackRock’s Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows. As of Tuesday, April 23, IBIT has seen 70 days of inflows, meaning that the fund has seen a positive increase in its total holdings of the underlying asset, [...] The post Blackrock Bitcoin ETF Enters Top 10 for Longest Inflows appeared first on Crypto Breaking News.

Turning $100 into $95,000: The Low-Cost Crypto Investment Plan

Apr 23, 2024 | 05:39 am

The post Turning $100 into $95,000: The Low-Cost Crypto Investment Plan appeared first on Coinpedia Fintech News Turning a small sum into a substantial fortune may sound like a fantasy, but in the thriving crypto market, such stories are not unheard of. With the bull run of 2024 underway, clever investment strategies have gained more attention. This article explores how minimal initial capital, when managed wisely in the crypto space, can potentially …

Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network

Apr 23, 2024 | 05:36 am

Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon Ventures, Big Brain VC, Mechanism Capital, …

Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

Apr 23, 2024 | 05:36 am

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]

The Next Cryptos Set for Unstoppable Growth

Apr 23, 2024 | 05:31 am

The post The Next Cryptos Set for Unstoppable Growth appeared first on Coinpedia Fintech News The landscape of cryptocurrency constantly shifts, revealing new opportunities for growth. As the bull run of 2024 gains momentum, certain cryptocurrencies stand out with the potential for significant expansion. This analysis delves into these promising currencies, examining the key factors contributing to their projected rise. Ideal for investors aiming to stay ahead in the fast-evolving …

Strategy Revealed! Here’s Why Ripple Is Launching Its Stablecoin Now

Apr 23, 2024 | 05:31 am

The post Strategy Revealed! Here’s Why Ripple Is Launching Its Stablecoin Now appeared first on Coinpedia Fintech News The world of USD-pegged stablecoins is on fire, inching closer to a staggering $165 billion milestone! Fresh faces like Ethena’s USDe and heavyweights such as PayPal and Ripple are shaking things up in this fiercely competitive arena. Ripple, especially, is aiming for the stars, foreseeing a jaw-dropping $2.8 trillion market by 2028. Brace yourselves, because …

Bitcoin’s Correlation With U.S. Stocks Surges During Middle East Crisis

Apr 23, 2024 | 05:31 am

Bitcoin's price climbed above $66,000 after the latest halving event. Recent BTC price action has increased the Bitcoin stock correlation. The post Bitcoin’s Correlation With U.S. Stocks Surges During Middle East Crisis appeared first on CoinChapter.

Middle East Goes Crypto: 500,000 Daily Traders Fuel Market Boom

Apr 23, 2024 | 05:30 am

The deserts of the Middle East are experiencing a new kind of gold rush – a digital one. Cryptocurrency markets and investments are exploding in popularity, with the region witnessing a surge in daily traders and a growing embrace of crypto-friendly regulations. Related Reading: Sam Bankman-Fried Turns Rat, Cooperates In Lawsuit Vs. FTX Celebrity Backers […]

Akash Network’s AKT rallies by 54% today as Algotech’s presale approaches $4m

Apr 23, 2024 | 05:27 am

TL;DR AKT is the best performer amongst the top 100 cryptocurrencies by market cap today, adding 54% to its value. Algotech’s presale is approaching the $4 million mark as more investors troop into the project. AKT leads the market charge The cryptocurrency market has been performing well since the Bitcoin halving on Friday. However, Akash […] The post Akash Network’s AKT rallies by 54% today as Algotech’s presale approaches $4m appeared first on CoinJournal.

PayPal’s Revolutionary Solution: Using Blockchain to Drive Sustainable Bitcoin Mining

Apr 23, 2024 | 05:19 am

TL;DR PayPal’s Blockchain Research Group, in collaboration with Energy Web and DMG Blockchain Solutions, is introducing a novel approach to make Bitcoin mining more environmentally friendly. They are leveraging crypto-economic incentives to promote sustainable mining practices. Miners who opt for sustainable energy will receive exclusive ‘green keys’ that provide them with advantages in handling Bitcoin transactions. This includes ... Read more

Could Esienberg commodities conviction be smoking gun for Coinbase against SEC?

Apr 23, 2024 | 05:10 am

Could a recent US criminal court case involving digital assets trading be helpful to Coinbase in its defense against the SEC? Last week, Avraham Eisenberg was convicted in a groundbreaking case on digital asset commodities fraud for manipulating Mango Markets to illicitly withdraw $110 million. On October 11, 2022, Eisenberg manipulated the price of futures […] The post Could Esienberg commodities conviction be smoking gun for Coinbase against SEC? appeared first on CryptoSlate.

BONK and Shiba Inu Investors Navigating Market Trouble; Can Milei Moneda ($MEDA) Be the Saving Grace They Need?

Apr 23, 2024 | 05:05 am

The post BONK and Shiba Inu Investors Navigating Market Trouble; Can Milei Moneda ($MEDA) Be the Saving Grace They Need? appeared first on Coinpedia Fintech News TLDR BONK experienced a surge after listing on Robinhood, followed by a rapid decline in value, leaving investors uncertain. SHIB is subject to a massive sell-off, causing a significant price drop. $MEDA presents a tax-free alternative, offering lucrative opportunities and a range of benefits for investors. In recent weeks, BONK and Shiba Inu (SHIB) have …

Millions in Crypto Stuck in Bridge Contracts, Vitalik Buterin Among Those Impacted

Apr 23, 2024 | 05:00 am

TL;DR Multiple significant wallets have millions of dollars trapped in bridge contracts. Vitalik Buterin is among those affected. The funds were either forgotten or trapped in at least two major bridge contracts, according to Arkham’s report. The situation highlights the need to understand these contracts and take measures to protect assets. A recent report revealed ... Read more

Akash Network (AKT) Leads Crypto Top 100 With 46% Rise Today: Here’s Why

Apr 23, 2024 | 05:00 am

Amidst a rather quiet altcoin market, Akash Network (AKT) has emerged as today’s standout performer among the top 100 cryptocurrencies by market capitalization, recording a significant 46% increase in price over the past 24 hours. This surge has propelled AKT to the forefront, well ahead of its peers such as Core (CORE) and Arweave (AR), [...] The post Akash Network (AKT) Leads Crypto Top 100 With 46% Rise Today: Here’s Why appeared first on Crypto Breaking News.

ZCash Funding Overhaul: Buterin’s Bold Impact Strategy

Apr 23, 2024 | 05:00 am

Ethereum co-founder Vitalik Buterin has ignited discussions about the future of privacy-oriented cryptocurrencies, particularly focusing on ZCash and its potential role in the evolving landscape of digital transactions. His recent insights propose a nuanced approach, envisioning the tech-tool as a beacon of conservatism in technology, unwavering in its commitment to privacy, while simultaneously exploring experimental […]

Breaking: Cardano’s Core Tech Teams Release Node v.8.9.2 with Peer-Sharing Fix

Apr 23, 2024 | 04:58 am

Cardano recently released node version 8.9.2, addressing a critical issue related to peer-sharing networking. The latest version v.8.9.2, resolves a substantial problem affecting the p2p (peer-sharing) networking feature. Cardano, one of the leading blockchain platforms, has recently released node version 8.9.2, addressing a critical issue related to peer-sharing networking. This upgrade is part of the [...]

Bitgert Coin Price Poised for Upward Trajectory on Exchange Growth

Apr 23, 2024 | 04:56 am

Investors are looking for a promising cryptocurrency in a market where innovation is the norm and competition is on the rise. This has brought the rise of Bitgert Coin. It is changing and rebuilding the crypto market and its blockchain innovation. One of its features is that Bitgert is influencing blockchain technology. In order to [...]

FET signals a bullish reversal pattern

Apr 23, 2024 | 04:45 am

Investors at Fetch.ai are optimistic that FET will draw out a reversal pattern on the chart. A bull run is likely to be triggered following Bitcoin Halving, considering the correlation is 0.85. Most importantly, whales have demonstrated a shift in their sentiments from HODLing to accumulation in the last 2–3 days. They have increased their …

Analyst Unveils Bitcoin Path Toward Bull Market Top, Says This Altcoin Will Be One of Firsts To Print Fresh Highs

Apr 23, 2024 | 04:45 am

A closely followed analyst believes that Bitcoin (BTC) will likely see a new all-time high in the next two weeks. Pseudonymous analyst Bluntz tells his 256,600 followers on the social media platform X that Bitcoin is in the midst of a wave three surge. Bluntz utilizes the Elliott Wave theory in his analysis. The theory […] The post Analyst Unveils Bitcoin Path Toward Bull Market Top, Says This Altcoin Will Be One of Firsts To Print Fresh Highs appeared first on The Daily Hodl.

Bitget Wallet’s Chief Operating Officer Presents Web3 Wallet Security Strategies at Blockchain Life Dubai

Apr 23, 2024 | 04:39 am

Victoria, Seychelles, April 23rd, 2024, Chainwire At this month’s Blockchain Life Dubai conference, Bitget Wallet‘s Chief Operating Officer Alvin Kan joined industry experts from SafePal, Ledger, Trust Wallet, Telegram Wallet, and CoinTelegraph journalists to discuss strategies for building more secure and user-friendly decentralized wallets. The discussion revolved around the comprehensive application of various wallet technologies, […] The post Bitget Wallet’s Chief Operating Officer Presents Web3 Wallet Security Strategies at Blockchain Life Dubai appeared first on CoinJournal.

Limited supply DeeStream’s stage 2 presale explosion attracts Cardano & Polkadot for potential 50x returns amid a streaming boom

Apr 23, 2024 | 04:30 am

Polkadot has recently dropped below $9 but remains bullish as future developments start to induce bullish sentiment among traders. On the other end, Cardano is facing the test with potential support levels already identified around the latest downswing. Amid these dynamics, DeeStream’s Stage 2 presale is gathering some serious momentum as it offers an interesting …

Aftermath of Bitcoin Halving: QCP Capital Outlines Strategies for Investors

Apr 23, 2024 | 04:30 am

Following the much-awaited fourth Bitcoin Halving, cryptocurrency hedge fund QCP Capital becomes a lighthouse of knowledge, providing an in-depth analysis of what the post-halving landscape could hold in store in the short term. Bitcoin Bulls To Hold Larger Long Position Post-Halving In a Monday broadcast on Telegram, QCP offered a comprehensive analysis that explores the […]

Potential New US President to Put Entire US Budget on Ethereum Blockchain for 100% Transparency

Apr 23, 2024 | 04:25 am

Robert F. Kennedy announced that if he won the election, he will integrate the blockchain to enable transparency in the country’s budget. With decentralized and immutable ledgers of digital currencies coming into play, he aims to subordinate citizens of the government with enhanced oversight over public spending Robert F. Kennedy, who is running for presidential [...]

Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman

Apr 23, 2024 | 04:23 am

Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the solution for the country, which currently trails other major economies in fixed broadband connectivity. Using Blockchain to Establish Transparent Networks Lakshman supports […]

Ripple Fires Back: Opposes SEC’s $2 Billion Fine Proposal with $10 Million Counteroffer

Apr 23, 2024 | 04:21 am

TL;DR Ripple Labs Opposes SEC’s Fine: Ripple Labs has opposed the U.S. Securities and Exchange Commission’s (SEC) proposal for a nearly $2 billion fine, arguing that the court should impose a civil penalty of no more than $10 million. Ripple’s Counteroffer: The company stated that the proposed fines were excessive and recommended a $10 million ... Read more

BlackRock Bitcoin ETF Logs 70 Straight Days of Inflows, Surpasses $18 Billion in Assets

Apr 23, 2024 | 04:20 am

BlackRock’s Bitcoin ETF, IBIT, has achieved a notable milestone positioning itself among the top 10 exchange-traded funds with the longest streaks of daily inflows. U.S.-based spot Bitcoin exchange-traded funds recorded a total net inflow of $62 million on Monday, with Fidelity’s FBTC leading. BlackRock Bitcoin ETF IBIT has hit a new milestone recently recording 70 [...]

Bitget Wallet’s Chief Operating Officer Presents Web3 Wallet Security Strategies at Blockchain Life Dubai

Apr 23, 2024 | 04:17 am

Victoria, Seychelles, April 23rd, 2024, Chainwire At this month’s Blockchain Life Dubai conference, Bitget Wallet‘s Chief Operating Officer Alvin Kan joined industry experts from SafePal, Ledger, Trust Wallet, Telegram Wallet, and CoinTelegraph journalists to discuss strategies for building more secure and user-friendly decentralized wallets. The discussion revolved around the comprehensive

Bitcoin breaks $66k resistance, making short-term losses appealing

Apr 23, 2024 | 04:15 am

Bitcoin began its fresh increase around the 64,500 and 65,000 dollar resistance levels. The world’s largest cryptocurrency even pushed past the 66,000-dollar resistance mark. BTC managed to hit its weekly high of 67,200 dollars and is trying to consolidate its gains. Its price is gradually nearing the 23.6% Fib retracement level with an upward move …

Massive Ethereum Frenzy: Justin Sun’s $405M Acquisition Storm

Apr 23, 2024 | 04:07 am

Tron founder Justin Sun has set the cryptocurrency world abuzz with his recent Ethereum (ETH) buying spree. Data from Lookonchain, a prominent analytics platform, reveals that Sun has been accumulating Ethereum at an unprecedented rate. Since April 8th, Sun has acquired a staggering 127,388 ETH, amounting to a jaw-dropping $405.19 million. What’s particularly intriguing is […]

Exploring Bitcoin’s Impact on Gambling

Apr 23, 2024 | 04:04 am

As the digital era continues to reshape various sectors, Bitcoin emerges as a disruptive force in the financial landscape. Introduced in 2009 by an anonymous entity known as Satoshi Nakamoto, Bitcoin represents a decentralized digital currency powered by blockchain technology. This innovation enables secure and transparent peer-to-peer transactions, circumventing traditional financial intermediaries. Meanwhile, the gambling [...]

Is Bitcoin Topped? Octoblocks USDC Airdrops Mean That Doesn’t Matter

Apr 23, 2024 | 04:00 am

Octoblock’s USDC airdrops maintained a high APY on the Monday event, amidst Bitcoin’s $10.000 slide from its ATH. After a record Bitcoin price of $73K in March, the pioneer crypto is now at $61K, its lowest level since attaining the all-time high. Bitcoin Price Action: Has It Topped? Bitcoin price dipped on April 14 to [...]

Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement?

Apr 23, 2024 | 04:00 am

The legal battle between Ripple and the Securities and Exchange Commission (SEC) is getting heated and, following recent developments, looks far from over. This is due to the disagreement between both parties on the appropriate remedy for Ripple’s violation of securities laws. Ripple Proposes $10 Million Fine Instead In opposition to the SEC’s motion for [...] The post Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement? appeared first on Crypto Breaking News.

Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement?

Apr 23, 2024 | 04:00 am

The legal battle between Ripple and the Securities and Exchange Commission (SEC) is getting heated and, following recent developments, looks far from over. This is due to the disagreement between both parties on the appropriate remedy for Ripple’s violation of securities laws. Ripple Proposes $10 Million Fine Instead In opposition to the SEC’s motion for remedies and entry of final judgment, Ripple has proposed that the court should not impose a civil penalty of not more than $10 million. This figure represents a far cry from the SEC’s proposed judgment. The Commission had earlier asked the court to order Ripple to pay the sum of $1,950,768,364 as a pecuniary fine for violations relating to its institutional XRP sales. Related Reading: Crypto Analyst Predicts Cardano Recovery After ABC Wave Completion, Here’s The Target Specifically, the SEC proposed that Ripple pay a civil penalty of $876,308,712 alongside a prejudgment interest of $198,150,940 and disgorgement of $876,308,712, which represents the profits from its violation of the Securities Act. However, Ripple asked the court to deny the requests for disgorgement and pre-judgment interest and only focus on the civil penalty, which shouldn’t be more than $10 million. Ripple’s lawyers also laid out arguments as to why the civil penalty should not exceed $10 million. Firstly, they stated that the first tier of the statutory maximum penalties is what applies to this case “because the SEC has never alleged fraud, deceit, or manipulation and has failed in its belated attempt to show that Ripple recklessly disregarded the law.” Therefore, Ripple argued that the Commission’s request for a civil penalty of over $876 million isn’t the appropriate remedy for the first-tier structure. They added that the company’s revenue from pre-complaint institutional sales should be the only earnings considered when deciding on a remedy, which makes a civil penalty of not more than $10 million more appropriate. Accounting Error From The SEC Ripple suggested that the SEC made an error in calculating the company’s earnings while deciding on the right amount for which the crypto firm should be fined. According to the company’s lawyers, the Commission failed to “analyze or even consider any other categories of Ripple’s expenses.” Meanwhile, they allege that the SEC didn’t offer any evidence or explanation “for why cost if revenue is the only category of Ripple’s deductible expenses.” Simply put, Ripple argues that the regulator, while calculating Ripple’s earnings, didn’t consider how much the company expended before deciding that almost $2 billion was an appropriate fine. Ripple’s lawyers made this argument while stating that the SEC also erred in relying on the declaration of Andrea Fox, an accountant at the agency. They claim that the SEC never disclosed Fox as a fact or expert witness and that she wasn’t deposed during the initial discovery or supplemental remedies discovery. Therefore, they moved to strike her declaration as an “untimely disclosed expert report.” Ripple Also Opposes SEC’s Proposed Injunction As part of its entry for final judgment, the SEC had asked the court to “permanently” restrain and enjoin Ripple from “directly or indirectly conducting an unregistered offering of Institutional Sales.” Understanding how this could affect their ODL transactions, Ripple has asked the court to deny the request for an injunction. Related Reading: 3 Major Metrics To Watch Out For That Can Impact Ethereum Prices The crypto firm argues that the Commission has failed to show why an injunction is warranted. Injunctions are usually granted when there is a fear of future violations. Ripple claims that the SEC has failed to show a “reasonable likelihood of future violations.” The crypto firm’s lawyers further revealed that Ripple has “changed the way it sells XRP and changed its contracts to avoid any future violations.” To show good faith, they submitted a declaration by Ripple’s President, Monica Long, which describes the steps the company has taken to avoid future violations. XRP price recovers above $0.54 | Source: XRPUSDT on Tradingview.com Featured image from Coinpedia, chart from Tradingview.com

Arbitrum investors worldwide maintain confidence in Pushd’s e-commerce presale, anticipating a significant market impact post-halving

Apr 23, 2024 | 04:00 am

Arbitrum is a layer-two scaling solution that works alongside Ethereum to speed up transactions and lower costs. It debuted in March 2023, grabbing attention for its remarkably low fees, even cheaper than Ethereum’s. This is possible because it offloads some tasks from the main Ethereum Blockchain. ARB holders have a say in platform changes, from …

Curiosity Levels Spike on $RECQ as Presale Continues to Excel Amid Price Turbulence on Bitcoin and Ethereum

Apr 23, 2024 | 04:00 am

TLDR $RECQ offers 237% gains by the end of the presale. BTC is poised to continue its downward trend. ETH could decrease beneath the $2,700 level. Rebel Satoshi’s $RECQ is gaining recognition as one of the most viable investments in 2024 due to its exceptional performance at the ongoing presale. On the other hand, analysts [...]

IRS bares new digital asset reporting form for US taxpayers

Apr 23, 2024 | 04:00 am

Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell or exchange digital assets to ensure all gains and losses are being reported. [...] Read More... The post IRS bares new digital asset reporting form for US taxpayers appeared first on CoinGeek.

Ripple Fires Back: XRP Surges as SEC Battle Heats Up Over $2 Billion Penalty

Apr 23, 2024 | 03:59 am

Ripple is gearing up to challenge a significant SEC lawsuit potentially involving $2 billion in fines. XRP’s price has exhibited strong growth, breaking key resistance levels amid ongoing legal developments. XRP, the digital currency issued by Ripple, has experienced a notable surge, surpassing the $0.50 mark to reach a high of $0.54. This price movement [...]

Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead

Apr 23, 2024 | 03:55 am

Crypto company Ripple has responded to the Securities and Exchange Commission’s (SEC) pursuit of nearly $2 billion in fines by advocating for a different approach. In a court filing dated April 22, Ripple proposed that the Court reject the SEC’s demands and instead impose a civil penalty not exceeding $10 million. Stuart Alderoty, Ripple’s Chief […] The post Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead appeared first on CryptoSlate.

Ripple Labs submits opposition to SEC’s penalty

Apr 23, 2024 | 03:40 am

Ripple has made it clear that it will pay approximately $10 million as a penalty compared to the $2 billion proposed by the Securities and Exchange Commission last month. A top legal officer at Ripple said that the request by the Securities and Exchange Commission is an indication of its continuing intimidation against crypto. Ripple …

PancakeSwap & Ethereum Classic enthusiasts drawn to Fezoo exchange presale during Bitcoin halving

Apr 23, 2024 | 03:30 am

Many crypto fans expect Bitcoin’s halving to herald a price increase. However, the event will not necessarily lead to erratic price movements. With multiple altcoins and stable coins seeing staggering dips, PancakeSwap and Ethereum Classic investors are seeking a new haven. The Fezoo Platform is one promising project that has captivated these investors, as it …

Venezuela Accelerates Shift to Tether (USDT) Amidst Tightening US Sanctions

Apr 23, 2024 | 03:13 am

In response to the harsh U.S. sanctions, Venezuela’s state-run oil firm PDVSA has reportedly taken further steps to diversify its revenue streams away from traditional fiat currency and toward digital assets such as Tether (USDT). The United States Department of the Treasury requested last week that all PDVSA users and

Celo proposes to choose Optimism as it transitions to L2

Apr 23, 2024 | 03:10 am

cLabs recently announced choosing Optimism for its transition to L2. Both cLabs and Optmisim have confirmed their online collaboration. According to Optimism’s latest tweet, Celo will migrate to Layer 2 to build on the OP Stack. By developing on the OP Stack, Celo L2 can achieve the following: Decrease block time with better throughput Maintain …

PEPE Coin Rockets 16% Following Coinbase Perpetual Futures Listing

Apr 23, 2024 | 03:05 am

The Coinbase effect is on full display on PEPE coin prices as the memecoin celebrates its perpetual futures listing on the exchange. PEPE has celebrated a 33% price surge in the last 7 days which has seen it rise to the 45th-ranked cryptocurrency. PEPE investors are celebrating astounding returns following the Coinbase perpetual futures listing. [...]

Solana memecoin POPCAT rises 25% in 24 hours: Is this why?

Apr 23, 2024 | 03:00 am

If its 1-day chart is to be believed, POPCAT may extend its gains in the short term.

BEFE Coin Buzz: Riding the Wave of MEME Coin Trending Phenomenon

Apr 23, 2024 | 03:00 am

BEFE Coin surged into the crypto market as a new meme coin, innovating its place differently cause of its rhetorical meme content. At the crossroads of meme culture and investment opportunity, BEFE Coin provides a unique gateway for a wider audience to discover what is standing behind this meme coin.

DODO Launches DODOchain: Layer 3 Omni-Trading Blockchain for Cross-Chain Liquidity

Apr 23, 2024 | 02:53 am

The DODO team is excited to announce the launch of DODOchain, an Omni-Trading Layer 3 that is powered by EigenLayer, AltLayer, and Arbitrum Orbit. As the first Layer3 solution, DODOchain bridges Bitcoin and Ethereum’s Layer2 effortlessly and focuses on bringing liquidity from several chains together in one place. Trade tokens on the

Standard Chartered Forecasts $150,000 Bitcoin Price by Year-End Amidst Market Volatility

Apr 23, 2024 | 02:53 am

Standard Chartered sticks to $150,000 Bitcoin target despite recent price dips, citing market cyclicity and ETF growth. Geoff Kendrick, head of digital assets research, remains confident in Bitcoin’s rebound potential amid geopolitical tensions. Standard Chartered, a leading financial institution, reaffirmed its bullish prediction for Bitcoin’s price, setting a year-end target of $150,000. The prediction comes [...]

Cardano Founder Celebrates Next Step To Reach ‘Global Scale’

Apr 23, 2024 | 02:47 am

Charles Hoskinson, the founder of Cardano, has expressed his enthusiasm for the formation of PRAGMA, a new independent open source association. This initiative marks a pivotal move towards achieving global scalability—a goal that Cardano aims to fulfill as it endeavors to become the financial operating system of the world. Cardano Makes Crucial Step Forward During […]

BEFE coin fever: The latest meme coin taking the internet by storm

Apr 23, 2024 | 02:45 am

Crypto investors are growing fond of meme coins. This is because they are an asset that has proven to be better in terms of ROI in a short time. However, BEFE is currently proving to be better in terms of ROI and community support, which is creating profit sustainability. What that means in simple terms …

Decoding Bitcoin’s Future: Bybit Insights on Halving, ETFs, and Macro Shifts

Apr 23, 2024 | 02:33 am

Dubai, UAE, April 23rd, 2024, Chainwire In a riveting panel discussion hosted by Bybit, one of the world’s top three crypto exchanges by volume, key figures from the crypto industry gathered to discuss crypto and global finance. The panel, which included Bybit’s Hao Yang, OKX’s Lennix Lai, and Willis Croft of Wintermute, explored the impact [...]

Vitalik Buterin Among Several High-Profile Names With Over $1 Million Locked in Bridges

Apr 23, 2024 | 02:27 am

Vitalik Buterin, co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham, which exposes numerous wallets with significant funds locked on various bridge contracts. Among these, a wallet associated with Bofur Capital has $1.8 million in wrapped Bitcoin stuck on an Arbitrum bridge […]

Mauritania Central Bank Partners With Giesecke+Devrient to Develop a National CBDC

Apr 23, 2024 | 02:24 am

The Central Bank of Mauritania (CBM) has partnered with Giesecke+Devrient (G+D) to develop and launch a digital version of the national currency. The Germany-based security technology firm is expected to assist the CBM in outlining the prerequisites for a national Central Bank Digital Currency (CBDC). Outlining Prerequisites for a Central Bank Digital Currency The Central […]

Bullish Signals Abound: Dogecoin, SAGA, and TNSR Poised for Major Rallies

Apr 23, 2024 | 02:20 am

Dogecoin is anticipated to surge dramatically, potentially climbing over 530% to reach a $1 price point. SAGA and TNSR also show significant potential for gains based on strong technical indicators. Reflecting its previous bullish trends, Dogecoin is expected to see a substantial increase, potentially exceeding a 530% gain to hit the $1 mark. This forecast [...]

Memecoin Mania Onboarding ‘Thousands and Thousands’ of People Into Base’s Economy, Says Creator Jesse Pollak

Apr 23, 2024 | 02:15 am

Base’s creator Jesse Pollak is singling out one category of crypto assets that is helping in the adoption of the layer-2 network backed by Coinbase. Pollak says in a new video posted on the social media platform X that memecoins are helping “onboard thousands and thousands of people” into the Base ecosystem. “I think every […] The post Memecoin Mania Onboarding ‘Thousands and Thousands’ of People Into Base’s Economy, Says Creator Jesse Pollak appeared first on The Daily Hodl.

SEC seeks $5.3 billion from Terraform Labs and Do Kwon

Apr 23, 2024 | 02:13 am

The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5 million; dO Kwon offered $800,000. The US Securities and Exchange Commission (SEC) is after a $5.3 billion judgement against Terraform Labs and its co-founder and […] The post SEC seeks $5.3 billion from Terraform Labs and Do Kwon appeared first on CoinJournal.

Bitgert coin price speculation: Exchange growth fuels optimism

Apr 23, 2024 | 02:11 am

Due to the high returns it has handed investors in the past, Bitgert is now the assiduity’s talk, with numerous investors being veritably auspicious on its future. Investors have seen a tasteful benefit of more than 54% in a solitary day by having Bitgert coins in their bags. The trading volume and demand have also …

Bitgert Coin Price Set for Upward Trajectory as Exchange Growth Surges

Apr 23, 2024 | 02:03 am

A cryptocurrency project will definitely grow in the crypto market if it offers solutions to the issues that investors face. Investors are enticed to invest in any cryptocurrency project by factors such as transaction ease, efficiency, appropriate structure, security, and efficient marketing. These are the techniques Bitgert employed to ensure

Hong Kong identifies pseudonymous validators as risk for banks using public blockchains

Apr 23, 2024 | 02:00 am

While blockchain provides the utmost security, there are still some risks to look out for, including pseudonymous validators, which the HKMA said can be addressed by ZKPs and Overlay Networks. [...] Read More... The post Hong Kong identifies pseudonymous validators as risk for banks using public blockchains appeared first on CoinGeek.

Turbulence for Bitcoin as the Graph and new AI altcoin secure whales’ trust

Apr 23, 2024 | 02:00 am

Bitcoin’s (BTC) value declined sharply, dropping around 15% over the past week. This unanticipated fall has caused unrest among traders and investors, who were optimistic following a recent upswing. Now, analysts are contemplating when the market might stabilize and initiate recovery. Despite this downturn; Bitcoin has exhibited resilience, with signs of a potential rebound. Meanwhile, [...]

CZOL Unveils Rebranding and Launches Exclusive Airdrop to Honor Crypto Community

Apr 23, 2024 | 01:58 am

In a strategic move reflecting its evolving identity and commitment to the cryptocurrency community, CZOL, formerly known as CZolana, is excited to announce its official rebranding along with the launch of a significant airdrop campaign. This initiative aims to deepen community engagement and honor the indelible impact of Changpeng Zhao

Bitgert Coin Price Forecast: Exchange Growth Points To Significant Gains

Apr 23, 2024 | 01:50 am

If you’re looking to earn passively within a period, then the crypto market serves as the space to do so. With the rise of the infamous Bitcoin and Ethereum, early investors were able to amass huge profits. However, the crypto market can get into a frenzy with altcoins and meme

Over 50% of pre-sold Solana memecoins abandoned within 1 month after $25 million raise

Apr 23, 2024 | 01:49 am

Solana memecoin pre-sales have rugged investors of over $25 million within the past month as more than 50% of the top projects were abandoned, with some never even launching a token. Solana Co-Founder Anatoly Yakovenko retained his negative stance on the phenomena, commenting, “Pre selling a meme doesn’t make any sense to begin with.” At […] The post Over 50% of pre-sold Solana memecoins abandoned within 1 month after $25 million raise appeared first on CryptoSlate.

XRP Price Jumps 6% Amid Ripple vs. SEC Legal Battle: Latest Court Filing and Lawyer Resignations Drive Momentum

Apr 23, 2024 | 01:45 am

Ripple’s legal maneuvering in the SEC case intensified as it filed a Motion to Strike against new expert materials submitted by the SEC. The motion challenges the SEC’s late submission of crucial accounting analysis and substantive conclusions regarding remedies. On Monday, April 22, the Ripple vs SEC case took an interesting turn with Defense attorney [...]

BTCC Exchange’s Renaissance art and Bitcoin fusion fascinated Paris Blockchain Week attendees

Apr 23, 2024 | 01:43 am

Over 9,000 people showed up for the Paris Blockchain Week attendees. The event was held at the Carrousel du Louvre. The fusion of classical art and modern cryptocurrency served as a focal point of the event BTCC Exchange made waves at Paris Blockchain Week with its innovative blend of Renaissance art and Bitcoin, captivating over […] The post BTCC Exchange’s Renaissance art and Bitcoin fusion fascinated Paris Blockchain Week attendees appeared first on CoinJournal.

Omni releases mainnet phase 1 Omni Armageddon

Apr 23, 2024 | 01:43 am

Omni releases mainnet phase 1, Omni Armageddon, a safe interoperability service leading towards a united rollup space. This is indeed a landmark moment for the company, considering the long period of sheer hard work that has gone behind it. Through Omni Armageddon, all users will be provided the option of effectively taking part in harnessing …

BEFE Coin Euphoria: The MEME Coin That’s Trending With Unstoppable Force

Apr 23, 2024 | 01:42 am

The much anticipated event in the Crypto world, Bitcoin halving, has now concluded, and investors are looking for new and promising opportunities during this time. Historically, the crypto market has experienced fast paced growth following these events. So, naturally, it is prime time to consider exciting new coins. While many

Best New Meme Coins: Ultimate Guide on the Top Meme Coins to Buy Now

Apr 23, 2024 | 01:41 am

The cryptocurrency landscape continues to evolve, with meme coins rapidly gaining popularity among crypto enthusiasts for their humor, and unique market positions. Based on data gathered from diverse sources, this article explores the best new meme coins, focusing on ButtChain, which has recently launched its presale, as well as Baby Doge Coin, Wen, Brett, and [...]

Sam Bankman-Fried Pledges Support in Pursuit of FTX Celeb Promoters, Co-Defendants Settle

Apr 23, 2024 | 01:37 am

Sam Bankman-Fried is reported to have filed a settlement agreement to assist FTX customers go after celebrity promoters. Some of these promoters have already contributed to a common fund of $1.4 million as required in their settlement agreement. Crypto News Flash recently reported that the founder of the collapsed FTX exchange and Alameda Research, Samuel [...]

Ripple Pushes Back: Challenges SEC's Proposed $2 Billion Fine

Apr 23, 2024 | 01:31 am

Ripple Labs has formally opposed the US Securities and Exchange Commission’s (SEC) proposition to levy a substantial fine of nearly $2 billion against the company linked to the XRP Ledger blockchain. Filed yesterday (Monday), Ripple's opposition challenges the SEC's proposal, which seeks to persuade a New York judge to impose the hefty penalty.Legal Battle between Ripple and SECThe SEC's proposal outlines a fine totalling $1.95 billion, comprising $876 million for disgorgement, $198 million for prejudgment interest, and a civil penalty of $876 million. The basis for the SEC's case stems from allegations that Ripple Labs violated federal securities laws through its institutional sales of XRP. Notably, the court ruled in favour of Ripple on some fronts, dismissing parallel claims by the SEC regarding the legality of XRP sales on exchanges and through algorithms.Ripple's opposition document includes a redacted paragraph concerning its revenue from institutional sales, the income taxes it paid, and its incurred losses. Within this segment, Ripple asserts that it had no gains to disgorge, positioning it as a crucial argument in its defence against the SEC's proposed penalties.“The Court should deny the SEC’s requests for an injunction, for disgorgement, and for pre-judgment interest, and should impose a civil penalty of no more than $10 million,” the filing said.🚨 BREAKING SEC VS. RIPPLE NEWS:#Ripple has filed a Motion to Strike new expert materials the SEC submitted in support of its Motion for Remedies and Entry of Final Judgment! FINAL JUDGEMENT! 🥳🎉Source: https://t.co/QgmUZcL0aX pic.twitter.com/uaFAluXMG2— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) April 22, 2024Anticipating Rise in Cryptocurrency IntegrationMeanwhile, Ripple has upgraded its crypto-enabled cross-border payments solution, known as Ripple Payments, as reported by Finance Magnates. This enhancement aims to improve enterprise-grade blockchain infrastructure. In a statement released today, the cross-border remittance network highlights the ongoing shift in the global financial space, with increasing investment from companies and legacy payment institutions in blockchain integration. It's anticipated that over 80% of global financial firms will incorporate cryptocurrencies into their operations within the next three years. Currently, Ripple offers expanded access to its extensive global network, spanning over 70 crypto and traditional payout markets, resulting in nearly 100% global payout coverage through a single onboarding process. This article was written by Tareq Sikder at www.financemagnates.com.

WEEX Exchange Unveils WXT Token to Enhance Ecosystem and Reward Community Engagement

Apr 23, 2024 | 01:28 am

singapore, singapore, April 23rd, 2024, Chainwire As a leading force in the cryptocurrency market, WEEX Exchange is poised to significantly elevate its ecosystem with the introduction of its exclusive proprietary token, the WEEX Token (WXT), scheduled for release this upcoming summer. What is WEEX: Introduction Since its establishment in 2018,

Neura by Ankr launches on testnet

Apr 23, 2024 | 01:20 am

Neura, a blockchain especially for AI (artificial intelligence), has been launched on Testnet by Ankr. This is a significant milestone, as Neura is now prepared for its mainnet launch. While it may take some time, the team has kickstarted Road to Mainnet to celebrate the testnet launch and create hype around its mainnet launch. Further …

Animoca Brands Japan Teams up With Square Enix to Market ‘Symbiogenesis’ and Its NFT Collection

Apr 23, 2024 | 01:08 am

Animoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix to assist in the marketing of the upcoming game Symbiogenesis and its related NFT collection. Square Enix, known for high-profile games like Final Fantasy and Kingdom Hearts, will leverage Animoca’s experience in Web3 to facilitate Symbiogenesis’s overseas expansion, […]

Akash Network and BITGTIME surge after Upbit lists tokens

Apr 23, 2024 | 01:04 am

Akash Network and BITGTIME surge after listing on Korea-based Upbit Akash Network (AKT) and Big Time (BIGTIME) are leading the crypto market in gains today amid news of respective tokens listing on the largest exchange in South Korea. Per data from CoinGecko, Akash Network changed hands at highs of $6.74 earlier in the day, up […] The post Akash Network and BITGTIME surge after Upbit lists tokens appeared first on CoinJournal.

Is Ethereum set for comeback after $3.7K rejection? Metrics suggest…

Apr 23, 2024 | 01:00 am

The drop in Open Interest combined with the price trajectory of the past weeks showed that a downtrend was possible for ETH.

Ripple vs. SEC: Trial Resumes as Crypto Industry Braces for Impact

Apr 23, 2024 | 00:53 am

The legal battle between Ripple and the SEC over allegations of illegal sale of cryptocurrencies has reached a crucial step as the long-awaited trial starts today (Tuesday). The SEC first accused Ripple Labs of offering unregistered securities in December 2020. Ripple's defense is based on the argument that its native cryptocurrency, XRP, should not be classified as a security. As the trial begins, the crypto sector is eagerly awaiting the outcome, which could have significant implications for the future of Ripple and the broader digital asset industry, CryptoPotato reported. A Prolonged Legal DisputeThis trial represents an important moment for both parties, as a federal judge will ultimately determine the outcome of the dispute. Despite facing legal challenges, Ripple has garnered some favorable rulings in the run-up to the trial, fueling optimism among its supporters.A favorable ruling for Ripple could boost investor confidence and pave the way for regulatory clarity surrounding XRP. However, a ruling in favor of the SEC could negatively impact Ripple, potentially resulting in regulatory sanctions. It could also cast doubt on the legitimacy of XRP as a digital asset.Recently, the SEC sought nearly $2 billion in fines and penalties from the crypto company, Finance Magnates reported. In a motion filed in court in New York, the SEC requested substantial fines and penalties totaling $1.95 billion from Ripple Labs. Despite initial charges against the firm's CEO and Co-Founder being dropped last October, the company faces scrutiny from the regulators.SEC Demands Financial TransparencyAdditionally, the SEC is pushing Ripple to provide financial statements for the years 2022 and 2023 and documents disclosing the sale of XRP to institutions. The securities watchdog argues that the presiding judge previously identified these sales as unregistered securities offerings. Besides that, the SEC wants a clarification on the proceeds from institutional sales.Ripple's Chief Legal Officer, Stuart Alderoty, has criticized the regulator's tactics, accusing it of issuing false and misleading statements aimed at punishing Ripple and intimidating the broader crypto industry. While charges against Ripple's CEO and Co-Founder were dropped last October, the company continues to face scrutiny over its XRP sales. The latest motion filed by the SEC underscores the regulator's determination to hold Ripple accountable for alleged violation of securities regulations. This article was written by Jared Kirui at www.financemagnates.com.

Ethereum Purge Strategy for simplified protocols and reduced node loads

Apr 23, 2024 | 00:51 am

Among the cornerstones of blockchain ecosystems, Ethereum has redefined thoughts about decentralized technologies. As a leading blockchain platform, Ethereum allows for the creation of smart contracts and decentralized applications (DApps) that operate without third-party interference. This is important because it secures the environment in which code is executed, storing data among nodes. Nevertheless, with its …

How Read Write is Helping Players Choose Better Crypto Casino Sites

Apr 23, 2024 | 00:45 am

The emergence of crypto casinos gave players an efficient and alternative way to enjoy their favorite games of chance. While this was cool at first, the growing popularity of cryptocurrencies has overrun the industry with countless crypto casino sites, many of which can’t be trusted. Now, many players have a hard time choosing the right […]

SEC Seeks a Total of $5.3 Billion from Terraform Labs and Do Kwon

Apr 23, 2024 | 00:43 am

The Securities and Exchange Commission (SEC) of the United States is seeking $4.7 billion in disgorgement and prejudgment interest from bankrupt Terraform Labs and its co-founder Do Kwon. The regulator is further seeking civil penalties of $420 million from Terraform and $100 million from Kwon.The Regulator Seeks a Hefty SumThe regulator’s request for monetary recovery and penalties was revealed in a motion it filed last Friday with the US District Court for the Southern District of New York. The motion also seeks a ban on Kwon from serving as an officer or director of a securities issuer. He is also required to provide complete details of all his accounts and assets.Meanwhile, legal representatives of Terraform and Kwon have filed briefs for potential remedies in the civil case simultaneously, suggesting a maximum monetary penalty of $3.5 million from the company and $800,000 from Kwon.However, the court has yet to rule on the newly filed motion. In an earlier ruling, the US court found Terraform Labs and Kwon liable for fraud in the case brought by the SEC.The trial against Kwon in the US proceeded in his absence.“Defendants have not shown remorse for their conduct, nor can there be any doubt that they are in the position where additional violations are not only possible but likely are already occurring,” the motion by the SEC noted. “The Court should send an unequivocal message that this sort of brazen misconduct, and Defendants’ misbegotten attempt to excuse their behavior by crafting new rules and standards of behavior for crypto markets in contravention of the federal securities laws [...] will not be tolerated.”Kwon’s Fate Hangs in the BalanceKwon was known for building Terraform Labs. However, the two cryptocurrencies of the project, TerraUSD and Luna, collapsed in 2022, resulting in the wipeout of about $37 billion in value. The collapse of the algorithmic stablecoin triggered the shuttering and collapse of several other cryptocurrency companies.He disappeared immediately from public sight after the collapse of his company but was arrested in Montenegro last year while traveling with fake travel documents. Both South Korea and the United States have been trying to extradite him. Meanwhile, he was released from the Montenegro prison on bail due to some technical issues in the extradition ruling against him. This article was written by Arnab Shome at www.financemagnates.com.

Kenyan Authorities to Extradite Binance Executive to Nigeria by Month’s End

Apr 23, 2024 | 00:42 am

The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan detective believes the extradition of Anjarwalla, who allegedly has ties to influential figures in Kenya, may still prove to be challenging. Interpol Reportedly Involved in […]

Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished

Apr 23, 2024 | 00:30 am

The Wild West of cryptocurrency just got a little wilder. Solana, the blockchain known for its lightning-fast transactions, recently became a breeding ground for a peculiar phenomenon: the meme coin frenzy. While these dog-themed, cat-inspired, or just plain nonsensical tokens promised moon landings, many investors landed face-first in a crater of lost cash. Solana Stampede: [...] The post Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished appeared first on Crypto Breaking News.

Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished

Apr 23, 2024 | 00:30 am

The Wild West of cryptocurrency just got a little wilder. Solana, the blockchain known for its lightning-fast transactions, recently became a breeding ground for a peculiar phenomenon: the meme coin frenzy. While these dog-themed, cat-inspired, or just plain nonsensical tokens promised moon landings, many investors landed face-first in a crater of lost cash. Related Reading: Bitcoin Miners Strike Gold: $107 Million Profit From Runes-Fueled Minting Spree Solana Stampede: A Frenzy Of Frivolous Finance Fueled by social media hype and the fear of missing out (FOMO), a stampede of investors poured money into meme coin presales. A project with a name like “I Like This Coin” (LIKE) sprouted like weeds, promising outlandish returns. The “I Like This Coin” story, however, turned out to be a classic case of “buyer beware.” Despite an initial market cap of a staggering $577 million, the token’s value plummeted by a disastrous 90% within a mere eight hours of launch. The party didn’t stop there. Blockchain investigator ZachXBT uncovered a particularly galling trend: a dozen meme coin projects vanished into thin air after their presales, taking a combined $26.7 million from investors with them. Only 1 month has passed and 12 of the Solana presale meme coins have been completely abandoned after raising >180,650 SOL ($26.7M). Would avoid any future projects launched by these founders. https://t.co/J0zFldRIa6 pic.twitter.com/K610MAEPMn — ZachXBT (@zachxbt) April 21, 2024 Solana Slowdown: When Meme Mania Clogs The Network The meme coin craze wasn’t without collateral damage. The massive influx of transactions clogged the Solana network, leading to transaction failures and frustrating delays. This highlighted a fundamental issue with meme coins: they often lack real-world applications and contribute little to the underlying blockchain’s development. Solana’s founder, Anatoly Yakovenko, wasn’t shy about expressing his skepticism. He questioned the very concept of meme coin presales, suggesting they were better suited for projects with strong tech foundations. Yakovenko’s comments resonated with many who saw the meme coin frenzy as a speculative bubble fueled by empty promises and social media hype. Solana is currently trading at $155.69. Chart: TradingView Meme Coin Meltdown: A Cautionary Tale For Crypto Curious Investors The rise and fall of Solana’s meme coins serves as a stark reminder of the inherent risks associated with investing in unregulated, highly speculative assets. While the allure of quick riches might be tempting, the potential for scams and rug pulls (where developers abandon a project after raising funds) is significant. Related Reading: Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycle’s Bottom The fallout from the meme coin frenzy could have lasting repercussions. Regulatory bodies might take a closer look at this corner of the crypto world, potentially leading to stricter measures to protect investors. For those interested in exploring the exciting world of cryptocurrency, the lesson is clear: conduct thorough research, prioritize projects with real-world use cases, and always remember what the sages mean when they say if it sounds too good to be true… Featured image from Pexels, chart from TradingView

Trader That Called 2022 Bear Market Bottom Updates Bitcoin Forecast – Here’s His BTC Cycle Top Price Prediction

Apr 23, 2024 | 00:04 am

A popular trader known for several accurate crypto market calls is outlining his Bitcoin forecast after the BTC halving last week. The pseudonymous analyst known as Dave the Wave shares a chart with his 147,000 followers on the social media platform X that indicates Bitcoin could reach $169,500 in the last quarter of 2024. According […] The post Trader That Called 2022 Bear Market Bottom Updates Bitcoin Forecast – Here’s His BTC Cycle Top Price Prediction appeared first on The Daily Hodl.

XRP Price Primed For Comeback If…

Apr 23, 2024 | 00:04 am

XRP is recovering losses and trading above $0.500. The bulls could gain strength if the price clears the $0.580 and $0.6150 resistance levels. The post XRP Price Primed For Comeback If… appeared first on CoinChapter.

Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

Apr 23, 2024 | 00:03 am

Camana Bay, Cayman Islands, April 22nd, 2024, Chainwire The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes the community in the future. […] The post Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond appeared first on CoinJournal.

Why WIF’s $5 goal may face a setback in April

Apr 23, 2024 | 00:00 am

Reaching $5 may be small compared to WIF's potential this cycle. But data shows it won't be easy.

Crypto Platform Case: SEC Prosecutors Axed Or Forced To Quit After ‘Gross Abuse Of Power’

Apr 23, 2024 | 00:00 am

The relationship between the US Securities and Exchange Commission (SEC) and the burgeoning crypto industry has taken a dramatic turn for the worse. A recent court ruling against the SEC in a case against crypto platform DEBT Box has exposed accusations of misconduct and cast doubt on the agency’s regulatory tactics. Related Reading: Sam Bankman-Fried […]

Bipartisan AI Innovation bill introduced to US Senate

Apr 23, 2024 | 00:00 am

To avoid stifling innovation, U.S. lawmakers are pushing for a bill promoting government-private sector partnership in the AI industry, including crafting guidelines to counter the tech's risks. [...] Read More... The post Bipartisan AI Innovation bill introduced to US Senate appeared first on CoinGeek.

Shiba Inu Memecoin Secures $12M Investment for Privacy Innovations

Apr 22, 2024 | 23:50 pm

Shiba Inu, a cryptocurrency project best known for its memecoin status, has successfully raised $12 million from several high-profile institutional investors. This financial boost will fund the development of Treat, Shiba Inu's upcoming privacy layer designed to enhance user confidentiality and security. The post Shiba Inu Memecoin Secures $12M Investment for Privacy Innovations appeared first on CoinChapter.

Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End

Apr 22, 2024 | 23:30 pm

Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a comprehensive interview with BNN Bloomberg, Kendrick highlighted the significant role of ETF inflows and upcoming halving events in driving Bitcoin’s [...] The post Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End appeared first on Crypto Breaking News.

Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End

Apr 22, 2024 | 23:30 pm

Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a comprehensive interview with BNN Bloomberg, Kendrick highlighted the significant role of ETF inflows and upcoming halving events in driving Bitcoin’s price. Why Bitcoin Is Set For A Rally To $150,000 By Year-End One of the principal drivers identified by Kendrick is the remarkable influx of capital into Bitcoin ETFs within the United States. Since the inception of these ETFs in early 2024, they have witnessed approximately $12 billion in net inflows. Kendrick highlighted the significance of these developments, stating, “The ETF inflows in the US have dominated really the demand supply metrics in 2024 so far. This is huge in terms of how the ETFs have gone so far.” He drew parallels between the current trends in Bitcoin and the historical performance of gold following the introduction of gold ETFs. Kendrick elaborated on the potential scale of this trend by projecting, “From the start of this year to when the ETF market in the US is mature, we’ll get between $50 and $100 billion of inflow.” Related Reading: Conservative Projection Places Bitcoin At $245,000 In 5 Years In addition to the ETF inflows, the Bitcoin halving event was identified as another pivotal factor. This event, which reduces the reward for mining new blocks thereby halving the rate of new Bitcoin entering circulation, is set to reduce the daily production from 900 BTC to 450 BTC. Although Kendrick mentioned that this halving might be “less important than previous ones,” he still considers it significant in the short-term supply dynamics. He stated, “Obviously, once we have the halving […], you have only half as many new coins, so that helps at the margin.” Responding to questions about market skepticism, particularly criticism from figures such as JPMorgan CEO Jamie Dimon, who described Bitcoin as a “Ponzi scheme,” Kendrick offered a defense of Bitcoin’s underlying technology. He argued, “There’s a lot of people out there that don’t understand the basic methodology behind Bitcoin. And it’s really that blockchain technology, which is where the value is medium term.” Looking Further Ahead Kendrick continued, explaining the transformative potential of blockchain technology not just for financial services but across various industries, “Bitcoin is the first in on that. It’s the largest asset at the moment, makes up for more than 50% of the crypto market, but that opens up the Ethereum and other use cases, which quite frankly, over the next five to 10 years, you can easily see a lot of traditional finance go on chain.” Related Reading: Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’ Furthermore, he addressed the recent market volatility, noting that Bitcoin had experienced a significant sell-off just prior to the halving, with $260 million in Bitcoin leverage positions being liquidated. The Standard Chartered exec interpreted this as a market correction that might set the stage for a healthier build-up post-halving, saying, “We’ve had a large move lower in Bitcoin. Specifically, on Saturday last weekend, there were $260 million Bitcoin leverage positions that were liquidated. So the market is now looking much more square going into the halving, if you like, in terms of leverage.” Summarizing his perspective on the future trajectory of Bitcoin, Kendrick expressed a confident outlook, projecting not only recovery but a robust increase in Bitcoin’s price, driven by both the maturation of the ETF market and ongoing technological advancements. His vision for Bitcoin by the end of 2025 reaches even beyond the current year’s target, predicting a potential value of $200,000 per coin. At press time, BTC traded at $66,556. Featured image created with DALL·E, chart from TradingView.com

Shiba Inu’s $12M bet: Here’s what it means for SHIB holders like you

Apr 22, 2024 | 23:00 pm

The Shiba Inu team has secured $12 million to establish a new layer 3 blockchain.

Ripple Responds To SEC Remedies With A $10 Million Power Move

Apr 22, 2024 | 23:00 pm

In the XRP lawsuit, Ripple has filed its opposition to the US Securities and Exchange Commission’s (SEC) motion for remedies and entry of final judgment. The fintech company counters the agency’s for nearly $2 billion in penalties with a proposed fine of just $10 million maximum. Filed late Monday, Ripple’s 186-page opposition document details its […]

Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization

Apr 22, 2024 | 22:40 pm

Analysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would “supercharge” the de-dollarization efforts of several nations. This is due to the possibility of having their assets seized […]

BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High

Apr 22, 2024 | 22:13 pm

BNB price is attempting a fresh increase from the $550 zone. The price cleared the $600 resistance and might extend its increase above $630. BNB price started a fresh increase after it cleared the $550 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a [...] The post BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High appeared first on Crypto Breaking News.

BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High

Apr 22, 2024 | 22:13 pm

BNB price is attempting a fresh increase from the $550 zone. The price cleared the $600 resistance and might extend its increase above $630. BNB price started a fresh increase after it cleared the $550 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could gain bullish momentum if it clears the $608-$610 resistance zone. BNB Price Gains Strength After forming a base above the $520 level, BNB price started a fresh increase. There was a steady increase above the $550 and $565 resistance levels, like Ethereum and Bitcoin. The bulls pushed the price above the $580 pivot level and the 61.8% Fib retracement level of the downward wave from the $630 swing high to the $512 low. More importantly, the price is now trading above $580 and the 100 simple moving average (4 hours). It is consolidating just above the 76.4% Fib retracement level of the downward wave from the $630 swing high to the $512 low. There is also a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair. Source: BNBUSD on TradingView.com Immediate resistance is near the $608 level. The next resistance sits near the $630 level. A clear move above the $630 zone could send the price further higher. In the stated case, BNB price could test $650. A close above the $650 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $720 level in the coming days. Are Dips Supported? If BNB fails to clear the $608 resistance, it could start a downside correction. Initial support on the downside is near the $592 level and the trend line. The next major support is near the $585 level. The main support sits at $570. If there is a downside break below the $570 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $532 level. Technical Indicators 4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $592, $585, and $570. Major Resistance Levels – $608, $630, and $650.

SHIB Mania with Shiba Inu & Shiba Budz, how to turn $250 to $2,500 in SHIB?

Apr 22, 2024 | 22:05 pm

In the bustling world of cryptocurrencies, Shiba Inu (SHIB) and its burgeoning counterpart, Shiba Budz […]

‘Buy Bitcoin’ Note From Janet Yellen Testimony Nears $140,000 In Auction

Apr 22, 2024 | 22:00 pm

In a significant development, a legal pad with the handwritten words “Buy Bitcoin” is currently garnering significant attention in the form of bidding, reaching nearly $140,000 in an ongoing online auction, as reported by Bloomberg. Janet Yellen’s ‘Buy Bitcoin’ Sign Sparks Auction Frenzy The message, a rallying cry for cryptocurrency enthusiasts, gained notoriety after being […]

EU is not so crypto-friendly, regulator warns

Apr 22, 2024 | 22:00 pm

While much of the world is warming up with blockchain and digital currencies, laws targeting these industries in the EU signal that the region won't go easy with embracing emerging technologies. [...] Read More... The post EU is not so crypto-friendly, regulator warns appeared first on CoinGeek.

Investing in humor: Pepecoin (PEPE) tokens and the future of meme cryptocurrencies

Apr 22, 2024 | 21:45 pm

In the whimsical corner of the cryptocurrency market, meme cryptocurrencies have not only carved a […]

Ethereum Price Signals Reversal and $3,400 Is Imminent, Here’s Why

Apr 22, 2024 | 21:09 pm

Ethereum price is gaining pace above the $3,120 resistance zone. ETH could continue to move up unless there is a daily close below the $3,030 level. Ethereum extended its increase above the $3,150 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming [...] The post Ethereum Price Signals Reversal and $3,400 Is Imminent, Here’s Why appeared first on Crypto Breaking News.

Ethereum Price Signals Reversal and $3,400 Is Imminent, Here’s Why

Apr 22, 2024 | 21:09 pm

Ethereum price is gaining pace above the $3,120 resistance zone. ETH could continue to move up unless there is a daily close below the $3,030 level. Ethereum extended its increase above the $3,150 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless the bears push it below the $3,030 zone. Ethereum Price Extends Increase Ethereum price started a recovery wave and was able to clear the $3,000 resistance, like Bitcoin. ETH even climbed above the $3,050 and $3,120 resistance levels to move into a positive zone. It traded to a new weekly high at $3,234 and is currently consolidating gains. There was a minor decline below the $3,200 level. Ether dipped below the 23.6% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high. Ethereum is now trading above $3,150 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $3,160 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high. Immediate resistance is near the $3,210 level. The first major resistance is near the $3,235 level. The next key resistance sits at $3,280, above which the price might gain traction and rise toward the $3,350 level. Source: ETHUSD on TradingView.com A close above the $3,350 resistance could send the price toward the $3,500 resistance. If there is a move above the $3,500 resistance, Ethereum could even test the $3,550 resistance. Any more gains could send Ether toward the $3,720 resistance zone in the coming days. Downside Correction In ETH? If Ethereum fails to clear the $3,235 resistance, it could start a downside correction. Initial support on the downside is near the $3,175 level. The first major support is near the $3,160 zone and the trend line. The main support is near the $3,150 level and the 100-hourly Simple Moving Average. A clear move below the $3,150 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $3,150 Major Resistance Level – $3,235

Conservative Projection Places Bitcoin At $245,000 In 5 Years

Apr 22, 2024 | 21:00 pm

A recent analysis paints a rosy picture of Bitcoin’s future, even with a conservative growth projection. Taking to X, Michael Sullivan predicts that the world’s most valuable coin could reach a staggering $245,000 within just five years if it maintains a mere 30% compound annual growth rate (CAGR). Bitcoin Projections: From Conservative To Exponential Growth The analysis explores various growth possibilities for Bitcoin. Assuming the coin’s growth rate significantly contracts in the coming years, growing at just 30% CAGR, Sullivan projects the coin to reach $245,000 by 2029. A decade later, it will be at $909,000; by 2039, each coin in circulation will be trading at a whopping $3.37 million. If, however, the CAGR rises to 40%, Bitcoin would be worth $10.3 million in 15 years and $1.9 million in 10 years. Related Reading: Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’ Still, even at these mega valuations, Bitcoin has been soaring at unprecedented rates, outperforming all traditional finance assets since launching. To demonstrate, Bitcoin registered a CAGR of 73.7% over the past four years. Therefore, if this trend continues, Sullivan says BTC will smash above the $1 million level a year after halving in 2028. However, half a decade later, each coin will change hands at over $16.5 million. A look back at Bitcoin’s history makes it clear that the coin has been on a tear. Following this historical trend and making projections for the future, BTC could be far more valuable in the next five or ten years. There Are No Guarantees, Crypto Is Dynamic While these projections are undoubtedly exciting for Bitcoin holders, it’s crucial to remember that they are just projections. The crypto market, just like any other tradable asset, doesn’t move in straight lines. Related Reading: Shiba Inu Whales Move Over 3.19 Trillion SHIB, Where Are They Headed? As an illustration, after peaking at nearly $70,000 in 2021, prices crashed to as low as $15,600 the following year. In 2017, BTC rose to around $20,000 before tanking to below $4,000 a year later in 2018. This volatility and the dynamic market, influenced by new circumstances, don’t guarantee these lofty projections. Nonetheless, analysts remain optimistic of what lies ahead, especially after the historic Halving event on April 20. As traditional finance players join in, finding exposure in BTC through spot exchange-traded funds (ETFs), prices might rise, even breaking above the all-time highs of around $74,000. Feature image from DALLE, chart from TradingView

Halved Revenue? Bitcoin Miners Don’t Care As Hashrate Sets New ATH

Apr 22, 2024 | 21:00 pm

The fourth Halving has now been completed for Bitcoin. Here’s how the miners have reacted to the event regarding their total hashrate. Bitcoin 7-Day Average Hashrate Hit New All-Time High Recently Halving is a periodic event for Bitcoin in which its block rewards—that is, the rewards that miners receive for solving blocks on the network—are […]

Biceps Coin Introduces Bitcoin Earning Potential for $BICS Token Holders

Apr 22, 2024 | 21:00 pm

Biceps Coin has announced a unique feature for its $BICS token holders. By holding at least 50 million tokens, $BICS holders can earn additional Bitcoin rewards. Thanks to Bitcoin’s popularity and growth over time, many early investors are already looking into this young project. With a 3-phased roadmap, Biceps Coin wants to establish itself as a […] The post Biceps Coin Introduces Bitcoin Earning Potential for $BICS Token Holders appeared first on CoinChapter.

Predicting Bitcoin’s bounce: If not $66K, then what?

Apr 22, 2024 | 21:00 pm

The Bitcoin liquidation levels showed the long positions far outweighed the short positions, showing the prices could slide lower next.

Conservative Projection Places Bitcoin At $245,000 In 5 Years

Apr 22, 2024 | 21:00 pm

A recent analysis paints a rosy picture of Bitcoin’s future, even with a conservative growth projection. Taking to X, Michael Sullivan predicts that the world’s most valuable coin could reach a staggering $245,000 within just five years if it maintains a mere 30% compound annual growth rate (CAGR). Bitcoin Projections: From Conservative To Exponential Growth The analysis [...] The post Conservative Projection Places Bitcoin At $245,000 In 5 Years appeared first on Crypto Breaking News.

BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements

Apr 22, 2024 | 20:33 pm

Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection linking the CBDCs of the participants were studied as part of the integration processes of […]

KARRAT Protocol Pioneers Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

Apr 22, 2024 | 20:22 pm

The KARRAT Foundation is excited to introduce the KARRAT Protocol, a platform that fosters groundbreaking AI and advancements in the gaming and entertainment sectors. This includes real-time animation content for streaming platforms and innovative products for retail, telecom, education, and beyond. The KARRAT token serves as the governance token for the KARRAT Protocol. With $KARRAT, […]

Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term

Apr 22, 2024 | 20:07 pm

Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $65,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls might remain active near the $65,500 support. Bitcoin Price Gains Strength Bitcoin price started a fresh increase above the $64,500 and $65,000 resistance levels. BTC bulls even pushed the price above the $66,000 resistance. It traded to a new weekly high at $67,200 and is currently consolidating gains. The price is slowly moving lower toward the 23.6% Fib retracement level of the upward move from the $64,281 swing low to the $67,200 low. Bitcoin price is still trading above $65,500 and the 100 hourly Simple moving average. There is also a key bullish trend line forming with support at $65,700 on the hourly chart of the BTC/USD pair. The trend line is near the 50% Fib retracement level of the upward move from the $64,281 swing low to the $67,200 low. Immediate resistance is near the $67,000 level. The first major resistance could be $67,200. The next resistance now sits at $68,500. If there is a clear move above the $68,500 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $70,000. Source: BTCUSD on TradingView.com The next major resistance is near the $70,500 zone. Any more gains might send Bitcoin toward the $72,000 resistance zone in the near term. Downside Correction In BTC? If Bitcoin fails to rise above the $67,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $66,500 level. The first major support is $65,700 or the trend line. If there is a close below $65,500, the price could start to drop toward $65,000. Any more losses might send the price toward the $64,200 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $66,500, followed by $65,500. Major Resistance Levels – $67,000, $67,200, and $68,500.

Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term

Apr 22, 2024 | 20:07 pm

Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key bullish trend line [...] The post Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term appeared first on Crypto Breaking News.

New Zealand kicks off 100-day CBDC public consultation

Apr 22, 2024 | 20:00 pm

The Reserve Bank of New Zealand launched its first consultation in 2021, which focuses on principles and design options for the digital dollar. [...] Read More... The post New Zealand kicks off 100-day CBDC public consultation appeared first on CoinGeek.

‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders

Apr 22, 2024 | 20:00 pm

Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their analysis, the market, excluding the top 10 cryptocurrencies, known as “OTHERS,” is showing signs of a strong uptrend with the potential for [...] The post ‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders appeared first on Crypto Breaking News.

Pi Coin Price Jumped from $0.7 to $47 – What the Heck?

Apr 22, 2024 | 19:32 pm

The PI coin price, which recently dropped to $0.5 across major charting platforms, is now trading near its IOU price of $47. The post Pi Coin Price Jumped from $0.7 to $47 – What the Heck? appeared first on CoinChapter.

In a bull market, everyone thinks they’re a VC

Apr 22, 2024 | 19:00 pm

The following is a guest post by Tim Haldorsson, CEO of Lunar Strategy. The sweet sounds of upward price alerts hit your phone non-stop. Mega green candles are seen on every crypto chart. The smells of profits are all over the place. In other words, the bull market is back in full swing, and it […] The post In a bull market, everyone thinks they’re a VC appeared first on CryptoSlate.

Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target

Apr 22, 2024 | 19:00 pm

Dogecoin (DOGE), the popular meme-based cryptocurrency, has demonstrated its resilience in the market with a 2.5% price increase over the past 24 hours, reaching a trading price of $0.1607. Analysts, including Altcoin Sherpa and Ali Martinez, have recently shared optimistic predictions for DOGE’s future, suggesting further gains and potential for outperformance compared to other tokens. [...] The post Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target appeared first on Crypto Breaking News.

Should You Buy Dogecoin Now? Analysts See Upside Potential

Apr 22, 2024 | 18:50 pm

NAIROBI (Coinchapter.com) – As of April 22nd, Dogecoin (DOGE) trades at $0.1609. It boasts a market capitalization of $23.11 billion and a significant 24-hour trading volume of $1.29 billion. Current price movements indicate a bullish trend could be forming; the next level to watch is $0.2864. Bullish Consolidation in a Rising Wedge DOGE/USD trades within […] The post Should You Buy Dogecoin Now? Analysts See Upside Potential appeared first on CoinChapter.

Bullish XRP Price Rally Predicted: Genius Insight or Fool’s Hope?

Apr 22, 2024 | 18:18 pm

The recent XRP price action is nothing to write home about, but traders have remained hopelessly bullish about the token's future. The post Bullish XRP Price Rally Predicted: Genius Insight or Fool’s Hope? appeared first on CoinChapter.

EigenLayer Yield Crisis Could be Imminent Amid Rapid Growth

Apr 22, 2024 | 18:07 pm

NAIROBI (Coinchapter.com) – EigenLayer, the largest restaking protocol on Ethereum by total value locked (TVL), could face a “major” yield crisis due to its rapid growth outpacing the security needs of Actively Validated Services (AVSs), according to a pseudonymous builder at 3Jane derivatives exchange. Potential Yield Reduction Looming EigenLayer’s dominance in the restaking sector is […] The post EigenLayer Yield Crisis Could be Imminent Amid Rapid Growth appeared first on CoinChapter.

PSAC outlines bold digital transformation strategies for President Marcos

Apr 22, 2024 | 18:00 pm

PSAC presented a strategic proposal to President Ferdinand Marcos Jr. that aims to enhance internet connectivity in the Philippines and create one million digital jobs. [...] Read More... The post PSAC outlines bold digital transformation strategies for President Marcos appeared first on CoinGeek.

Crypto Guru Reveals Top Altcoin Picks And DeFi Risks: What You Need To Know

Apr 22, 2024 | 18:00 pm

Renowned crypto analyst Lark Davis recently shared insights into the world of altcoin and decentralized finance (DeFi), offering high-risk, high-reward options and established projects. During a live stream, Davis discussed his current portfolio holdings, while emphasizing the volatility inherent in these markets. High-Risk Ventures Altcoin And Established DeFi Projects During his discussion, Davis advised against investing [...] The post Crypto Guru Reveals Top Altcoin Picks And DeFi Risks: What You Need To Know appeared first on Crypto Breaking News.

Put U.S. Budget on Blockchain Vows RFK Jr.

Apr 22, 2024 | 17:45 pm

Robert F. Kennedy Jr., an independent presidential candidate, has vowed to put U.S. budget on blockchain in a bold move towards financial transparency. During a rally in Michigan on April 21st, Kennedy outlined his plan to revolutionize government spending accountability. Blockchain for Budget Transparency Kennedy’s blockchain proposal aims to enhance visibility into government expenditures. By […] The post Put U.S. Budget on Blockchain Vows RFK Jr. appeared first on CoinChapter.

Crypto Exodus: $206M Outflows Signal Investor Caution

Apr 22, 2024 | 17:30 pm

The second week in a row saw the trajectory of crypto asset investment products take a dip, with the total outflows amounting to $206 million, as per the report by CoinShares. During this period, trading volumes for exchange-traded products (ETPs) declined slightly to $18 billion. Importantly, these figures represent lower parts of total Bitcoin volumes, […]

Bitcoin Halving Results in New Technical Setup With $100K Target

Apr 22, 2024 | 17:01 pm

Bitcoin (BTC) price action post halving disappointed traders as the token failed to launch an immediate bull run or chart a new ATH The post Bitcoin Halving Results in New Technical Setup With $100K Target appeared first on CoinChapter.

Analyst Says Dogecoin and Two Altcoins Flying Under the Radar Flashing Bullish Signal – Here’s His Outlook

Apr 22, 2024 | 17:00 pm

A closely followed crypto trader believes that Dogecoin (DOGE) could be gearing up for a massive rally to the tune of over 530%. Analyst Ali Martinez tells his 59,800 followers on the social media platform X that Dogecoin has remained faithful to a pattern seen during the 2017 and 2021 bull cycles. According to the […] The post Analyst Says Dogecoin and Two Altcoins Flying Under the Radar Flashing Bullish Signal – Here’s His Outlook appeared first on The Daily Hodl.

Ethereum To See Fresh Move Soon? What Futures Data Says

Apr 22, 2024 | 17:00 pm

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake post, the ETH Open Interest has followed a similar trajectory as the price [...] The post Ethereum To See Fresh Move Soon? What Futures Data Says appeared first on Crypto Breaking News.

Hoskinson says PRAGMA adds ‘second set of eyes’ to Cardano but won’t speed development

Apr 22, 2024 | 16:44 pm

Charles Hoskinson, creator of Cardano and CEO of IOHK, commented on the launch of the community association PRAGMA. In an X statement on April 22, Hoskinson praised PRAGMA for supporting Cardano-related projects, noting that “multiple clients and a diverse and resilient ecosystem” are essential for Cardano. He further encouraged the community, stating: “I’m excited to […] The post Hoskinson says PRAGMA adds ‘second set of eyes’ to Cardano but won’t speed development appeared first on CryptoSlate.

Senators’ Stablecoin Bill, HFSC Markup are Top Crypto Policy Updates

Apr 22, 2024 | 16:41 pm

NAIROBI (Coinchapter.com) – This week marked significant legislative movements in the U.S. crypto landscape, headlined by the introduction of the Senators’ Stablecoin Bill, known as the Lummis-Gillibrand Stablecoin Bill. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) unveiled a comprehensive proposal that sets the stage for a regulated framework under which banks and trust companies […] The post Senators’ Stablecoin Bill, HFSC Markup are Top Crypto Policy Updates appeared first on CoinChapter.

Shiba Inu Surge Dominates Crypto Scene with ShibaSwap 2.0 Unveiling

Apr 22, 2024 | 16:33 pm

The enigmatic leader of the Shiba Inu team, known only by the pseudonym Shytoshi Kusama, has resurfaced on social media with a thunderous message for SHIB fudders and a tantalizing hint about the future of the ShibaSwap decentralized exchange. In a recent social media post shared by Lucie, the official marketing lead of the Shiba […]

Ethereum Whale Goes On 127,000 ETH Buying Spree, Was It Justin Sun Again?

Apr 22, 2024 | 16:00 pm

Reports show that a new Ethereum (ETH) whale has been on a buying spree recently. This whale bought over $405 million worth of ETH since March 31 and is suspected to be Tron founder Justin Sun. Sun is also linked to another address that made massive ETH moves this year. A New Whale On The [...] The post Ethereum Whale Goes On 127,000 ETH Buying Spree, Was It Justin Sun Again? appeared first on Crypto Breaking News.

Bitcoin Frenzy: $128.45 Surge in Fees, $22.37 Million Reversal

Apr 22, 2024 | 15:30 pm

Bitcoin transaction fees experienced a rollercoaster ride recently, reaching unprecedented highs before swiftly plummeting. Following Bitcoin’s fourth halving, the average transaction fee skyrocketed to a staggering $128.45, only to dramatically fall to $34.8 the next day. This fluctuation highlights the volatile nature of the cryptocurrency market. Data from YCharts reveals a significant surge in BTC […]

Robert F. Kennedy, Jr. wants to put US budget on blockchain for 24/7 transparency

Apr 22, 2024 | 15:18 pm

US presidential candidate Robert F. Kennedy, Jr. said he wants to put the “entire US budget” on blockchain so Americans can inspect it anytime, The Hill reported on April 22. Kennedy said that putting data on a blockchain would make the budget available “24 hours a day.” Making budget data available on-chain could increase public […] The post Robert F. Kennedy, Jr. wants to put US budget on blockchain for 24/7 transparency appeared first on CryptoSlate.

Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects

Apr 22, 2024 | 15:15 pm

OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing on Bitcoin, announced today that it has received a $1,000,000 donation from The Reynolds Foundation. OPENSATS RECEIVES $1,000,000 DONATION FROM REYNOLDS FOUNDATION The Reynolds Foundation is supporting OpenSats with a generous $1M donation, noting that they "warmly invite fellow philanthropists to [...] The post Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects appeared first on Crypto Breaking News.

US Institutions Take $206,000,000 out of Crypto Investment Products Amid Interest Rate Worries: CoinShares

Apr 22, 2024 | 15:01 pm

Digital assets manager CoinShares says crypto product institutional investments suffered their second consecutive week of outflows last week. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products lost $206 million in outflows last week, bringing the two-week total outflows to nearly $312 million. According to CoinShares, investor interest in crypto exchange-traded […] The post US Institutions Take $206,000,000 out of Crypto Investment Products Amid Interest Rate Worries: CoinShares appeared first on The Daily Hodl.

Crypto Analyst Predicts Cardano Recovery After ABC Wave Completion, Here’s The Target

Apr 22, 2024 | 15:00 pm

Cardano suffered a massive price crash over the last two weeks. However, with the market recovery, the ADA price has begun to see some positive headwinds. Analysts expect this recovery to continue, with one crypto analyst in particular, who goes by CobraVanguard, expecting a bullish continuation toward $1. Cardano Completes The ABC Wave The crypto [...] The post Crypto Analyst Predicts Cardano Recovery After ABC Wave Completion, Here’s The Target appeared first on Crypto Breaking News.

Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

Apr 22, 2024 | 14:42 pm

Camana Bay, Cayman Islands, April 22nd, 2024, Chainwire The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes

Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

Apr 22, 2024 | 14:42 pm

Camana Bay, Cayman Islands, April 22nd, 2024, Chainwire The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes the community in the future. […] The post Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond appeared first on CoinChapter.

Thailand Blocks Unauthorized Crypto Platforms To Combat Cybercrime

Apr 22, 2024 | 14:30 pm

Thai authorities, to enhance law enforcement efficiency and fight cybercrime, have decided to block unauthorized crypto platforms. In congruence with its previous actions of limiting access to exchanges such as Binance and Bybit, this step requires users to withdraw their funds from these platforms. The Securities and Exchange Commission (SEC) of Thailand is working with […]

Ledger Live brings crypto swaps to users via MoonPay partnership

Apr 22, 2024 | 13:59 pm

Ledger and MoonPay have expanded their partnership to offer crypto swaps and buy via Ledger Live. The companies will also offer a custom Nano X for MoonPay. Ledger will offer access to instant crypto purchases to its Ledger Live users in its latest partnership with crypto payments firm MoonPay. The development is part of MoonPay’s […] The post Ledger Live brings crypto swaps to users via MoonPay partnership appeared first on CoinJournal.

ADA at the Crossroads: Analyst’s Dueling Scenarios Around $0.50

Apr 22, 2024 | 13:30 pm

Cardano’s (ADA) recent movement has seen it breach the lower boundary of an upward trending channel over the medium to long term. This suggests a potential deceleration in its ascent or the onset of a phase characterized by more horizontal price action. Notably, key support levels are observed at 0.46, while resistance levels are noted […]

Price Target of $111,000 for Bitcoin (BTC) on the Table, According to Economist Henrik Zeberg – Here’s When

Apr 22, 2024 | 13:00 pm

A widely followed economist says that a $111,000 price tag for Bitcoin (BTC) is in the cards amid the alignment of a technical indicator and a bullish market structure. In a new video update on Trade Gate Hub, economist Henrik Zeberg says that based on a key indicator, it’s possible for the top crypto asset […] The post Price Target of $111,000 for Bitcoin (BTC) on the Table, According to Economist Henrik Zeberg – Here’s When appeared first on The Daily Hodl.

Analyst Doubts Bitcoin’s Return to $50K, Hedera and Filecoin Rival Set for Sky-high Returns

Apr 22, 2024 | 13:00 pm

As the crypto market braces for Bitcoin’s halving, skepticism looms among analysts about the best cryptocurrency returning to the $50,000 mark. While Bitcoin navigates through volatile waters, a new ICO, InQubeta, emerges as a promising investment, challenging established players like Hedera and Filecoin with its innovative approach to the AI and crypto space. Bitcoin’s Volatile […] The post Analyst Doubts Bitcoin’s Return to $50K, Hedera and Filecoin Rival Set for Sky-high Returns appeared first on CoinChapter.

Binance under Fire: Ontario Court Certifies Class Action over Crypto Derivatives

Apr 22, 2024 | 12:56 pm

Ontario's Superior Court of Justice has certified a class action lawsuit against Binance, according to a report by Advisor.ca. The lawsuit alleges that Binance Holdings Limited violated securities law by offering crypto derivative products to retail investors without proper registration. Regulatory ScrutinyThis latest development occurs amid increasing scrutiny from regulatory authorities, including the Ontario Securities Commission (OSC). In 2021, Binance promised to cease operations with Canadian investors in response to the OSC's scrutiny and later agreed to an undertaking with the OSC to halt trading activities in Ontario. However, the OSC's investigation into possible regulatory breaches by the exchange is ongoing, with no formal allegations yet made against the company. The court noted that regulators have previously categorized crypto contracts as securities or derivatives, suggesting that the marketing of such contracts falls under securities law. This classification paves the way for the plaintiffs' claims of violation of securities law against Binance.Moreover, the court dismissed Binance's argument that it was merely a facilitator of trades between users, highlighting evidence that investors traded directly with Binance. Investors who purchased cryptocurrency derivative contracts from Binance starting September 13, 2019, are considered members of the class affected by the lawsuit. The case highlights the importance of regulatory compliance and investor protection in the rapidly evolving cryptocurrency trading landscape.Binance Faces Regulatory Pressure in CanadaLast year, Binance terminated its operations in Canada due to stringent regulations, particularly concerning stablecoins. Canada's regulations regarding cryptocurrencies took a new turn when the Canadian Securities Administrators classified stablecoins as "securities and/or derivatives".This action barred regulated crypto exchanges from offering services involving stablecoins, a significant component of the crypto market. Additionally, the province of Ontario mandated the registration of all cryptocurrency exchanges operating within its jurisdiction.Binance, acknowledging the evolving regulatory landscape, cited the new guidance related to stablecoins and investor limits as the main reason for its exit from the Canadian market. The exchange emphasized that the regulatory environment in Canada had rendered its operations untenable.Binance is not alone in its departure from Canada. Other prominent crypto exchanges, including Paxos and OKX, have opted to end their services for Canadian users due to regulatory pressure. However, exchanges such as Gemini, Coinbase, and Kraken are actively seeking authorization to strengthen their presence in the region. This article was written by Jared Kirui at www.financemagnates.com.

Here Are Three New Altcoins Likely To Rip Over Next Couple of Weeks, According to Crypto Trader

Apr 22, 2024 | 12:55 pm

A closely followed crypto strategist believes three new digital assets are about to soar in the coming weeks. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that three altcoin projects have a lot of upside potential after launching during relatively poor market conditions. The three projects are cross-chain messaging […] The post Here Are Three New Altcoins Likely To Rip Over Next Couple of Weeks, According to Crypto Trader appeared first on The Daily Hodl.

Bitcoin Rockets After Halving, But Is $80K The Ceiling?

Apr 22, 2024 | 12:34 pm

The long-awaited Bitcoin halving event has happened, cutting the mining rewards for the largest cryptocurrency in half. Even as the crypto community examines this market potential, certain analysts are painting a positive picture of Bitcoin’s price direction in the next few months. At the top of the list is Moustache, a widely known crypto analyst […]

Bitcoin is Borderless: How Decentralization and Permissionlessness Grant Autonomy Across Political Jursidictions

Apr 22, 2024 | 12:00 pm

Bitcoin is an ephemeral digital currency. It doesn’t have a physical address, or a specific place you can track it down. It’s everywhere. This is what gives Bitcoin its superpowers, what makes it a truly decentralized and globally accessible monetary network. Your bitcoin isn’t stored in your wallet but at Bitcoin addresses recorded by every [...] The post Bitcoin is Borderless: How Decentralization and Permissionlessness Grant Autonomy Across Political Jursidictions appeared first on Crypto Breaking News.

Why Are Uniswap And Injective Holders Showing Preference For Borroe Finance ($ROE) Presale?

Apr 22, 2024 | 12:00 pm

In a recent turn of events, Uniswap (UNI) and Injective (INJ) investors expressed interest in the ongoing Borroe Finance ($ROE) presale, seeing it as an avenue to pull in significant windfall. The impact of the current market condition on the altcoins market triggered these investors to seek a better alternative. Let’s find out why Borroe […] The post Why Are Uniswap And Injective Holders Showing Preference For Borroe Finance ($ROE) Presale? appeared first on CoinChapter.

Accounting Giant Ernst & Young Rolls Out New Contract Manager on Ethereum To Execute Business Agreements

Apr 22, 2024 | 11:45 am

Big Four accounting firm Ernst & Young (EY) has launched an Ethereum (ETH)-based solution to automate contract management and prevent non-compliant transactions and errors. In a statement, the firm says the EY OpsChain Contract Manager (OCM) runs on the Ethereum public blockchain to facilitate the execution of complex and multi-party business agreements. The contract manager […] The post Accounting Giant Ernst & Young Rolls Out New Contract Manager on Ethereum To Execute Business Agreements appeared first on The Daily Hodl.

New York Stock Exchange Considers 24-Hour Trading, Partially Prompted by Crypto: Report

Apr 22, 2024 | 11:41 am

The largest stock exchange in the world is reportedly gauging interest in becoming an around-the-clock operation. According to the Financial Times, the New York Stock Exchange’s (NYSE) analytics team is surveying interest in after-hours trading. FT says the interest is largely driven by the 24/7 world of crypto trading, which saw huge increases in retail investors […] The post New York Stock Exchange Considers 24-Hour Trading, Partially Prompted by Crypto: Report appeared first on The Daily Hodl.

DODO Launches DODOChain, an Omni-Trading Layer3, Powered by Arbitrum, EigenLayer, and AltLayer

Apr 22, 2024 | 10:32 am

TL;DR DODOchain, the first Omni-Trading Layer3 solution, powered by Arbitrum Orbit, EigenDA and AltLayer. Integration of layers to consolidate liquidity from different blockchains into a unified platform. Strategic collaboration with Arbitrum, Eigenlayer and AltLayer to improve scalability, efficiency and security. DODO, a well-known on-chain liquidity provider, has presented an innovative solution in the blockchain ecosystem: ... Read more

Rebel Satoshi vs. BONK vs. dogwifhat: Which coin will dominate the meme coin sector?

Apr 22, 2024 | 10:30 am

TLDR Rebel Satoshi is a groundbreaking project inspired by Satoshi Nakamoto and Guy Fawkes, challenging financial elites. It features $RBLZ and $RECQ tokens, with $RECQ’s presale showing significant profit potential, expected to surge to $0.0125 from $0.0037. Bonk (BONK) faced a downside trajectory due to the Solana meme coin craze and the mid-April crypto crash, […] The post Rebel Satoshi vs. BONK vs. dogwifhat: Which coin will dominate the meme coin sector? appeared first on CoinJournal.

$0.001 SHIB Price Earthquake Looks Nigh As Shiba Inu Secures $12 Million For Its New Blockchain

Apr 22, 2024 | 10:05 am

This new blockchain is being built on Shibarium — Shiba Inu’s Ethereum Layer 2 network.

Momentum on $MEDA presale breeds optimism for price recovery on Shiba Inu and FLOKI

Apr 22, 2024 | 10:00 am

TLDR Several analysts have predicted Milei Moneda ($MEDA) could be the best cryptocurrency to buy right now. Shiba Inu (SHIB) could gain massively in the next crypto rally, according to some analysts. A number of experts are predicting that FLOKI could set a new all-time high in 2024. Milei Moneda ($MEDA) hits the ground running […] The post Momentum on $MEDA presale breeds optimism for price recovery on Shiba Inu and FLOKI appeared first on CoinJournal.

Bitcoin Network Fees Stabilize After Unprecedented Chaos On Halving Day

Apr 22, 2024 | 09:58 am

After the highly anticipated fourth halving arrived, Bitcoin transaction fees spiked to as high as $146 for a medium-priority transaction and $179 for a high-priority transaction.

Celo Blockchain Selects Optimism’s OP Stack for Game-Changing Layer-2 Network

Apr 22, 2024 | 09:44 am

TL;DR cLabs proposal to migrate Celo to an Ethereum layer 2 using OP Stack. Special anniversary of the mainnet launch. Invitation to participate in the discussion of the proposal at the forum and in a community call on May 2. Since its launch four years ago, the Celo mainnet has been a space for innovation ... Read more

BC.GAME Obtains Curacao LOK License, Bolstering Legal Compliance and International Expansion

Apr 22, 2024 | 09:44 am

BC.GAME® has secured a new gaming license that fully complies with Curacao’s updated regulatory framework, the National Ordinance for Games of Chance (LOK). This significant milestone underscores BC.GAME’s steadfast in providing a secure and legally compliant online gambling platform for its worldwide user base. Jack Dorsey, the CEO of BC.GAME said: “We are immensely grateful […]

Skynet Trading receives backing from Saxo Bank Co-Founder Lars Seier Christensen and Edessa Capital

Apr 22, 2024 | 09:29 am

HONG KONG, – Skynet Trading Limited, a leading firm in digital assets trading and algorithmic software development, has announced a notable private transaction with Seier Capital and Edessa Capital. As a pioneer in digital asset liquidity and algorithmic trading solutions, Skynet Trading was bootstrapped to profitability and now onboards these new groups as private shareholders in […] The post Skynet Trading receives backing from Saxo Bank Co-Founder Lars Seier Christensen and Edessa Capital appeared first on CoinChapter.

SubQuery Network Building a More Accessible and Robust Digital Future Powered by Decentralized Middleware

Apr 22, 2024 | 08:38 am

To revolutionize the Web3 space, SubQuery Network seeks to offer DApp developers a blend of the efficiency of centralized systems and the security of decentralization with its decentralized Middleware infrastructure. This development comes in response to the growing demand for decentralized applications (DApps), which has necessitated robust middleware solutions to bridge the gap between blockchain […]

io.net and Aethir Team Up to Enhance Decentralized GPU Solutions and Announce Massive Airdrop

Apr 22, 2024 | 08:21 am

TL;DR Aethir and io.net announce strategic collaboration to improve GPU access and performance. They will integrate io.net virtualization technology with Aethir’s distributed GPU cloud. A powerful, low-latency and cost-effective solution is expected for GPU-intensive workloads. Aethir and io.net have unveiled a strategic collaboration aimed at improving the access and performance of graphics processing units (GPUs) ... Read more

Dusk Foundation Straps-Up for Mainnet Launch on April 30, 2024

Apr 22, 2024 | 08:01 am

Notably, Dusk Foundation develops blockchain solutions including the Citadel protocol, which uses zero-knowledge proofs for KYC processes, and the Piecrust VM, designed to support confidential smart contracts while enhancing network efficiency and scalability. Let's delve into the mainnet launch and its implications for investors. The post Dusk Foundation Straps-Up for Mainnet Launch on April 30, 2024 appeared first on CoinChapter.

BSV Blockchain is Green Technology

Apr 22, 2024 | 08:00 am

BSV blockchain is pushing past boundaries in terms of transaction capacity but redefining the standards for energy efficiency in digital transactions, a feat that would bridge the gap to the digital economy. [...] Read More... The post BSV Blockchain is Green Technology appeared first on CoinGeek.

Drift Labs – A Web3 Game Studio

Apr 22, 2024 | 08:00 am

What is Drift and what does it solve? Drift Labs, a Web3 game studio, aims to retell the story of Web3 gaming tokens by introducing its studio token, DRIFT, which distinguishes itself from typical in-game tokens by offering utility outside the game. Players can tailor their gaming experiences with DRIFT tokens, accessing NFT skins and exclusive features. […] The post Drift Labs – A Web3 Game Studio appeared first on CoinChapter.

Bitcoin Miner Hut 8 Gains Momentum: Shares Surge as Coverage Begins

Apr 22, 2024 | 07:57 am

Hut 8, the result of a merger with US Bitcoin Corporation last November, has garnered attention due to its diversified business model, according to a research report by Benchmark released today (Monday).A Close Look at Revenue Streams and Crypto ReservesBenchmark analysts highlighted the company's various revenue streams, including self-mining, managed services, hosting, and involvement in high-performance computing and artificial intelligence sectors. Initiating coverage on Hut 8, Benchmark issued a buy rating with a $12 price target. At the time of publication, Hut 8's shares were trading 5.2% higher at $8.47.The report also noted Hut 8's bitcoin holdings, ranking second among listed miners as of March 31, with 9,102 bitcoins held in reserve. This substantial bitcoin reserve not only provides the company with a substantial liquidity cushion but also positions it to benefit from price rallies in the cryptocurrency market.Broker Benchmark initiated coverage of $BTC miner @Hut8Corp with a buy rating and a $12 price target. It said the company was more diversified following its merger with US Bitcoin Corporation. @willcanny99 reports.https://t.co/fsRstb2FXP— CoinDesk (@CoinDesk) April 22, 2024“Hut trades at a discount to its bitcoin mining peers that we expect to shrink as the company executes on its self-mining expansion plans,” analyst Mark Palmer wrote. “Management has focused on actions aimed at reducing the company’s cost of mining bitcoin and its realized cost of energy and increasing its cash flow.”Hut 8's crypto holdings are valued at approximately $592 million, which accounts for about 82% of its market capitalization.Shutting Down Alberta Facility for Cost SavingsHut 8 recently closed its Bitcoin mining facility in Alberta, Canada, as part of its efforts to optimize operations and improve financial performance, as reported by Finance Magnates. The company has planned to relocate efficient miners to its Medicine Hat site while retiring old and inefficient ones. This move is expected to increase the company's cash flow, reduce mining costs, and boost Bitcoin production by approximately 11% per EH. This article was written by Tareq Sikder at www.financemagnates.com.

Middle East Records 166% Surge in Crypto Adoption, UAE Leads

Apr 22, 2024 | 07:32 am

The Middle East has emerged as a hotspot for cryptocurrency adoption, according to a recent report by Bitget Research. The average daily number of crypto traders in the region soared to 500,000 in 2024. This figure represents an increase of 166% year-over-year. Crypto in the Middle East This surge in crypto adoption is driven by several factors, such as favorable regulatory frameworks, the approval of Bitcoin ETFs, and the overall bullish sentiment in the cryptocurrency market. The United Arab Emirates (UAE) leads, with 72% of crypto users actively investing in Bitcoin.Centralized crypto exchanges globally have experienced an increase in the number of users from the Middle East. According to Bitget Research, these exchanges recorded over 500,000 daily active users on average in February 2024. This figure represents a substantial jump from the previous year. The UAE's crypto-friendly policies and the approval of spot Bitcoin ETFs have played an important role in crypto adoption.Although centralized exchanges dominate, decentralized platforms have gained momentum among Middle Eastern crypto users. Decentralized exchanges built on blockchains like Solana, BSC, and Ethereum are becoming the go-to digital platforms for P2P trading. Trust Wallet, MetaMask, and Bitget Wallet are among the top choices in digital wallets. Bitget Report: Middle East Crypto Market Surges, Daily Traders Up 166% in Year https://t.co/LBVs0UdlxD— Jared Kirui (@JaredLopta79285) April 22, 2024Speaking about the report, Gracy Chen, the Managing Director of Bitget, mentioned: “We are excited about the potential of the Middle East market and anticipate continued growth in both users and market size. The UAE, in particular, holds significant importance as a base within the region.”“It has emerged as a hub for cryptocurrency talents, funds, and enterprises while also steadily gaining global influence in the crypto space. We look forward to contributing to and witnessing the further development of this dynamic market.Steady Rise in Crypto AdoptionGenerally, Bitget Research's report highlighted a positive outlook for the future of cryptocurrency adoption in the Middle East. The report projects that the region's daily active users will continue to rise, reaching an estimated 700,000 by the end of 2024.Recently, Binance secured a full operating virtual-asset service provider license from Dubai's Virtual Assets Regulatory Authority. The exchange's journey began with an Operational MVP license obtained by its local unit, Binance FZE, in mid-2023. This license allowed the exchange to offer broker-dealer services and virtual-asset derivative trading to institutional and individual investors. This article was written by Jared Kirui at www.financemagnates.com.

Furrever Token Presale ROI Soars, Catching Attention of Bitcoin (BTC) and Ethereum (ETH) Enthusiasts

Apr 22, 2024 | 07:25 am

As Bitcoin (BTC) and Ethereum (ETH) continue to ride the wave of excitement surrounding their recent halving events, cryptocurrency enthusiasts are eagerly anticipating whether Furrever Token (FURR) will seize the momentum and catch the presale hype train. With BTC and ETH experiencing slight climbs post-halving, investors are speculating whether FURR, with its unique approach to infusing cuteness into […] The post Furrever Token Presale ROI Soars, Catching Attention of Bitcoin (BTC) and Ethereum (ETH) Enthusiasts appeared first on CoinChapter.

Warning! ZKasino’s Shady Practices with User Ether Funds Exposed

Apr 22, 2024 | 07:22 am

ZKasino, a blockchain gambling platform, has rattled its user base by redirecting $33 million worth of bridged Ethereum (ETH) to the staking protocol Lido. Originally, these funds were earmarked for a refund, promised to thousands of hopeful users. The post Warning! ZKasino’s Shady Practices with User Ether Funds Exposed appeared first on CoinChapter.

Kava Chain Will Move to BNB Smart Chain This Week

Apr 22, 2024 | 06:54 am

In a move to redefine its operational dynamics, Kava, the decentralized finance (DeFi) platform, is gearing up for a significant transition. The platform plans to migrate all BEP3 assets to the Binance Smart Chain (BSC) around April 30th. So, let's explore this upcoming transition and what Kava Chain wants to achieve. The post Kava Chain Will Move to BNB Smart Chain This Week appeared first on CoinChapter.

Thailand Cracks Down on Unregistered Crypto Services to Tackle Cyber Crime

Apr 22, 2024 | 06:18 am

Thailand is planning to block unauthorized cryptocurrency service providers to fight online crimes. The Office of the Securities and Exchange Commission (SEC) is partnering with Thai government agencies to prevent criminals from utilizing crypto exchanges for illicit activities, including money laundering.Thailand Warns about Unregistered Crypto PlatformsAccording to the press release, Pornanong Busaratrakul, the Secretary General of the SEC, recently disclosed plans to submit information about unauthorized crypto service providers to the Ministry of Digital Economy and Society.The regulator's decision reflects similar actions taken by other countries like India and the Philippines. The SEC is strengthening its commitment to protecting investors and safeguarding the financial system by taking action against unregistered crypto service providers in Thailand. In light of this development, the SEC has urged users of unauthorized platforms to promptly withdraw their assets. Additionally, the commission has cautioned investors against using services offered by unauthorized digital asset operators, as they may not be protected by law. Besides that, the Thai securities watchdog has encouraged crypto traders to verify the legitimacy of digital asset operators by consulting its list of licensed businesses or using the "SEC Check First" application. Any suspicious activities can be reported to the SEC's Complaint and Whistleblower Center for further investigation.Global Crypto Regulation ShiftsWhile Thailand reinforces its regulations on crypto exchanges, digital asset platforms in Europe are also facing regulatory scrutiny. For instance, the recently adopted Markets in Crypto-Assets Regulation mandates the European Commission to assess the feasibility of decentralized finance for specific regulations by the end of the year.In South Korea, the country's financial regulator is preparing to adopt significant laws for virtual asset service providers (VASP), targeting the employment of executives in the sector. Specifically, these regulations would necessitate the vetting of executives before they assume roles within the VASP firms. This action is aimed at granting the Financial Services Commission authority over personnel matters within the crypto industry.Should these proposals be enacted, companies seeking to renew their VASP licenses would face heightened scrutiny regarding their personnel decisions. The FSC will have the mandate to suspend the VASP licenses if there is an ongoing investigation targeting the executives. This article was written by Jared Kirui at www.financemagnates.com.

Sui Overflow Hackathon Funding Pool Balloons to $1,000,000 as New Sponsors Join

Apr 22, 2024 | 06:10 am

Grand Cayman, Cayman Islands, April 22nd, 2024, Chainwire Alibaba Cloud, AngelHack and dWallet are among the latest supporters for the global event. Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, has seen funding for Sui Overflow, the first-ever global virtual hackathon focused on creating exciting products on Sui, double in […] The post Sui Overflow Hackathon Funding Pool Balloons to $1,000,000 as New Sponsors Join appeared first on CoinChapter.

SEC sets Justin Sun straight; Mango Market exploiter Avi Eisenberg convicted

Apr 22, 2024 | 06:00 am

While Tron's legal team attempt to steer clear from accusations that Justin Sun was behind entities promoting an illegal money-making scheme, the SEC was quick to poke holes in the argument. [...] Read More... The post SEC sets Justin Sun straight; Mango Market exploiter Avi Eisenberg convicted appeared first on CoinGeek.

Dogecoin’s Price Action Hints At ‘$1 DOGE’ Milestone Amidst Consolidation

Apr 22, 2024 | 05:37 am

Despite facing challenges in recent weeks, Dogecoin (DOGE) demonstrated resilience, joining other cryptocurrencies on Monday in a modest surge led by Bitcoin.

Algotech Presale Jumps Ahead of Aptos and Uniswap With New H100 GPU Investment Announcement

Apr 22, 2024 | 05:33 am

Algotech has become the talk of the town after the recent announcement that it will invest $1.2 million in H100 GPUs. Uniswap price trends upwards, and Aptos gains momentum during this eventful roundup. Algotech’s latest presale achievement has dominated industry leaders Aptos and Uniswap. The decentralized algorithmic trading platform has piqued interest by revealing intentions […]

Satoshi Nakamoto’s Partner Reveals Bitcoin’s True Purpose

Apr 22, 2024 | 05:24 am

Martti Malmi, also known as Sirius, an early student of pseudonymous Bitcoin creator Satoshi Nakamoto, recently disclosed over 250 emails with Satoshi.

Top 5 Crypto News Of The Day: Bitcoin Fees, Ether ETF, And More

Apr 22, 2024 | 05:21 am

Here are the top crypto news of the day curated by CoinChapter.com. Bitcoin Fees Soar to Record Highs of $128 on Halving Day Bitcoin transaction fees experienced extreme volatility around the latest halving event on April 20th. On halving day, average fees spiked to a record $128 as the new Runes protocol for minting tokens […] The post Top 5 Crypto News Of The Day: Bitcoin Fees, Ether ETF, And More appeared first on CoinChapter.

Binance BNB Memecoin Traders Join 100X New Cryptocurrency On Uniswap

Apr 22, 2024 | 05:10 am

The memecoin market is buzzing with a new sensation that’s drawing attention from Binance (BNB) traders: Shiba Budz (BUDZ). As the cryptocurrency landscape continues to evolve, Binance (BNB) traders are increasingly diversifying their portfolios by venturing into promising new tokens like Shiba Budz (BUDZ), which has recently made a splash on Uniswap. This new cryptocurrency is not […] The post Binance BNB Memecoin Traders Join 100X New Cryptocurrency On Uniswap appeared first on CoinChapter.

Over 2.52-Million Of New Bitcoin Rival, Mollars Bought As Token Presale Ends

Apr 22, 2024 | 05:10 am

The final days of the Initial Coin Offering for the new Bitcoin alternative on the Ethereum blockchain have come. The Mollars token presale momentum continues to surge, signalling a remarkable journey for this groundbreaking project as it’s raised 2% more in funding in the last 48 hours. Over 2.52 million tokens have been presold, with […]

Beyond Inscriptions: Runes Protocol Opportunity Analysis

Apr 22, 2024 | 04:36 am

As the Bitcoin halving passes, the Runes protocol is also gearing up for launch, generating widespread market attention amid the booming concept of inscription projects. Runes, conceived by Ordinals founder Casey as a token issuance protocol built upon Ordinals aims to provide a streamlined approach to creating and managing fungible tokens. Participating in the Runes […]

Bitget’s Presence Shines at Token2049 Dubai with Insightful Panels and Key Side Events

Apr 22, 2024 | 04:12 am

Bitget, renowned as one of the world’s top cryptocurrency exchanges and Web3 companies, has made a significant impression during the Token2049 week in Dubai. Vugar Usi Zade, Bitget’s COO, took centre stage by leading a panel discussion on tokenising real-world assets. The session, titled “Practical DeFi, Tokenization of Real World Assets for Real World Problems,” […]

MetaPets and Boximon: Take your NFTs for a walk in the real world

Apr 22, 2024 | 04:00 am

Omniscape has created MetaPets and launched the "Boximon" character series, combining location-based AR with blockchain transactions in a game that experiments with virtual spaces. [...] Read More... The post MetaPets and Boximon: Take your NFTs for a walk in the real world appeared first on CoinGeek.

Breaking: Bitcoin Halving is Sealed after Mining of Block 840,000

Apr 19, 2024 | 17:14 pm

The Bitcoin halving just took place at block number 840,000. This event today reduced the mining reward for each block to 3.125 Bitcoins from 6.25 Bitcoins. New Bitcoins are introduced into circulation through these mining rewards.Another Bitcoin HalvingHalving is one of the most significant events in the cryptocurrency world and occurs approximately every four years, specifically after every 210,000 blocks. It greatly reduces the supply of Bitcoin, thus helping to control inflation by maintaining scarcity.Bitcoin was created on 3 January 2009. Initially, the reward for mining each block was 50 Bitcoins. The mining reward was first halved on 28 November 2012 in the first halving event. The next halving event took place on 9 July 2016, reducing the mining reward to 12.5 Bitcoins per block, while the third halving on 11 May 2020 reduced it further to 6.25 Bitcoins.Now, the reward for mining each Bitcoin block is 3.125 Bitcoins.The Cap of 21 Million BitcoinsBitcoin operates on a proof-of-work consensus mechanism, and according to the algorithm, a halving must occur every 210,000 blocks until all 21 million Bitcoins are mined. It is estimated that the next Bitcoin halving will happen in 2028.To alter this pre-set algorithm, a majority of Bitcoin miners, more than 50 percent, must agree, which is nearly impossible given Bitcoin's decentralized and extensive network.Currently, around 19 million Bitcoins have already been mined, leaving only 2 million more to be mined.The halving of Bitcoin supply has a significant impact on the cryptocurrency's price. Historically, it has been one of the major price drivers, with Bitcoin prices surging around the event. The event affects Bitcoin miners' operations, as a reduction in the reward by half without a corresponding significant price increase, affects the cash flow of the mining operations. This article was written by Arnab Shome at www.financemagnates.com.

Bitcoin Halving and Geopolitics: The Liquidity Conundrum

Apr 19, 2024 | 10:54 am

The long-awaited day of the 4th phase of Bitcoin's halving is looming in the cryptocurrency sector. The countdown to this event shows that it could happen around the final hours of Friday evening if you are located in the Americas or Saturday morning if you are in Asia or Europe.According to the market metrics, the event is much anticipated and should be discounted well in advance of its actual occurrence. In contrast to unpredictable overnight barrages of rockets in the heat of the Middle East, the halving event has a clear outcome—the amount of BTC rewards that miners get for completing a block will be reduced in half to 3.125 BTC from the current 6.25.This will inevitably lead to less supply from miners, but does it change the liquidity of the overall market? We will attempt to answer that question in the coming paragraphs, and while at it, we will also highlight some challenges related to the current geopolitical landscape and the resulting jittery market conditions we have recently observed.Are Previous Halvings Linked to Liquidity Squeezes?Every time 210,000 blocks are mined, the Bitcoin network's protocol cuts in half the amount of new rewards. As highlighted by the institutional research team at Coinbase, this means that the newly minted supply will drop from 900 Bitcoins per day to 450 Bitcoins per day. At current market prices ($65,000 per BTC), this equates to roughly $30,000,000 worth of new supply per day or $900,000,000 per month.These figures are rather low compared to the average daily trading volumes across crypto exchanges, especially since the launch of BTC ETF trading, which triggered increased interest in the asset class.The amount of tradable Bitcoin has also been on the rise during the recent bull run that accelerated since early Q4 2023. According to the team at Coinbase Institutional Research, active BTC supply, defined as Bitcoin moved in the past three months, rose to 1.3 million. This figure is in comparison to 150,000, which was mined during that time.In a statement shared with Finance Magnates, Coinbase's Research Analyst, David Han, mentioned that the decline in BTC mining issuance could create new supply-side dynamics that are constructive in the longer term.Han expressed his doubts as to whether that can result in an imminent supply crunch: “We find that the largest contributors to increased BTC supply during bull markets come from long-term wallets beginning to activate instead of from newly mined BTC.”Crypto and Fiat Liquidity Cycles – the Signal and the NoiseA widely held belief in the cryptocurrency community is that halving events are usually followed by a significant rally in the value of their digital assets. While there is some historical correlation to corroborate this notion, science has long established - correlation does not imply causation.The logical fallacy where two events that occur at a similar time have a cause-effect relationship is at the center of spurious relationships - two events can be correlated, but that connection may not be causal.With only three halving events behind us and a fourth one brewing, one can observe correlations, but not necessarily cause-effect relationships. Halving events don’t perfectly coincide with central bank liquifying cycles, but as the chart below shows, there is some food for thought for risk-management teams and traders alike.Around the first halving in 2012, the Fed launched the third chapter of its post-financial crisis quantitative easing program (QE3), shortly followed by the first US debt ceiling crisis and the loss of the reserve currency issuer’s AAA rating.The second one, in 2016, was followed by the Bank of England’s post-Brexit ramp-up of bond buying in tandem with the ECB’s asset purchase program. Fast-forward to 2020, and we all remember the central bank and fiscal policy bazookas firing left and right with fiat liquidity so ample that it ultimately caused the sharpest spike in inflationary pressures globally since the 1970s. Geopolitical BlocksIt was an early morning in the Middle East, as a well-telegraphed attack by Iran had been unleashed upon Israel. With all other financial markets closed, it was up to crypto to reflect the current state of mind (or compute).The old Wall Street saying, “up the stairs, down the elevator,” came to mind as BTC and ETH dropped in tandem in rapidly dwindling liquidity conditions. That night, Coinbase registered about $2 billion worth of liquidations, the company’s institutional research team highlighted in a recent weekly market call.In contrast to the rather gradual price action that unfolded in the aftermath of the October 7th attack on Israel by Hamas, the Iranian attack, despite being well-telegraphed before the weekend, did result in material price action across the crypto market.At one point, Pax Gold, a crypto token supposed to be fully backed by gold, spiked about $1000 at a time when the physical gold market, which is underpinning the coin's value, wasn’t open. The magnitude of the attack certainly surprised market participants, while some automatic “stop trading” commands must have been unleashed across algorithmic trading strategies.Events centered around geopolitical stress have certainly caused some leveraged players to rethink, not only in the crypto market. Fed chair Powell’s higher rates for a longer period re-pivot raise questions about a widely expected easing of monetary policy.Speech by Chair Powell on the economic outlook @StanfordGSB: https://t.co/y6oLUN0LYwWatch live: https://t.co/a0ApMRHum2— Federal Reserve (@federalreserve) April 3, 2024To Bid, or Not to BidAs the halving cycles come and go, the impact of these events could lessen in time. Since most bitcoins have already been mined, the current market liquidity state is much more about the existing supply of BTC on the market than newly mined coins.A supply crunch overnight is the least likely event, and if very recent history is any guide, geopolitical tensions can create more volatility or liquidity waves on cryptocurrency and traditional financial markets.Guided by risk-on and risk-off flows, cryptocurrencies have been defying the trend occasionally, but at their core they remain a high-risk asset with a digital store of value component behind it. Only time will tell whether or not that narrative has become a well-established[…]

What is Nibiru chain (NIBI)?

Apr 19, 2024 | 08:33 am

Nibiru Chain (NIBI) is a blockchain platform that aims to revolutionize the gaming industry by providing a decentralized ecosystem for gamers, developers, and content creators. By utilizing blockchain technology, Nibiru Chain offers transparency, security, and fair distribution of rewards to its users. Let’s delve deeper into Nibiru Chain with this article What is Nibiru chain? ... Read more

Mango Markets’ Manipulator Faces up to 20 Years in Jail after Jury Conviction

Apr 18, 2024 | 23:22 pm

A federal jury in New York yesterday (Thursday) convicted Avraham 'Avi' Eisenberg, a crypto trader, for fraud and market manipulation in carrying out a $110 million heist from the decentralized cryptocurrency exchange Mango Markets. It was the first conviction in a cryptocurrency market manipulation case.Jail Time AheadHe is now facing substantial prison time: the commodities fraud count and the commodities manipulation count against him each carry a maximum imprisonment of 10 years, while the count of wire fraud carries a maximum sentence of up to 20 years. His sentencing is scheduled for July 29.“This ground-breaking prosecution epitomizes this office’s ability to employ innovative methods and cutting-edge law enforcement tools to continue to protect all financial markets,” US Attorney Damian Williams said.A $110 Million HeistIn October 2022, Eisenberg used two accounts to sell a large number of perpetual contracts of Mango’s crypto token MNGO from one of his accounts to the other, thus artificially inflating the price by 1,300 percent in under an hour. He then used the token as collateral to borrow $110 million in other cryptocurrencies from Mango Markets and quickly withdrew the funds. In doing so, he essentially withdrew all the cryptocurrencies deposited on the DeFi platform.Later, he negotiated a settlement with Mango Markets and agreed to return $67 million to the decentralized autonomous organization governing the protocol. He was arrested in December 2022 in Puerto Rico.In court, the defense lawyers tried to convince the jury that Eisenberg’s trades on Mango Markets were “successful and legal” and “fully complied” with the decentralized protocol’s scant rules. However, the jury sided with the prosecutors' portrayal of it as a “brazen” fraud and manipulation.The US Commodity Futures Trading Commission also brought civil fraud and market manipulation charges against Eisenberg.“Manipulative trading puts our financial markets and investors at risk,” the Principal Deputy Assistant Attorney General, Nicole Argentieri, said. “This prosecution, the first involving the manipulation of cryptocurrency through open-market trades, demonstrates the Criminal Division’s commitment to protecting U.S. financial markets and holding wrongdoers accountable, no matter what mechanism they use to commit manipulation and fraud.” This article was written by Arnab Shome at www.financemagnates.com.

How to Add SatoshiVM to MetaMask

Apr 18, 2024 | 22:26 pm

Looking to expand your MetaMask capabilities and dive further into the world of decentralized finance? Adding SatoshiVM to your MetaMask account can open up new opportunities for utilizing decentralized applications and interacting with the blockchain. Learn how to integrate SatoshiVM into your MetaMask wallet with ease. Can I Add SatoshiVM to MetaMask? Certainly, connecting SatoshiVM ... Read more

Kraken Acquires TradeStation Crypto

Apr 18, 2024 | 22:23 pm

The crypto exchange Kraken has acquired TradeStation Crypto, the digital asset-focused division of online brokerage TradeStation, to support its expansion efforts in the United States, Coindesk reported.However, the closing date of the acquisition and other details remain unclear as neither company has announced anything officially. The financials of the deal have not been revealed.Kraken’s Push in the US“We can confirm Kraken has recently purchased TradeStation's crypto business,” a Kraken spokesperson wrote in an email confirming the acquisition to the crypto-focused publication. “This transaction is part of our efforts to accelerate our US presence and will support further growth and new product opportunities for Kraken in the US.”Indeed, Florida-based TradeStation Crypto holds money transmitter licenses in 47 states in the US, Washington DC, and Puerto Rico, according to the Financial Crimes Enforcement Center’s database. These licenses are necessary for running crypto exchange operations and registrar businesses in compliance with federal laws in the US.A Global Expansion PlanHeadquartered in San Francisco, Kraken is focused on its expansion, both domestically and internationally. In Europe, the exchange recently obtained multiple licenses, including regulatory approval in Spain and Ireland. Furthermore, the American exchange acquired BCM, a Dutch crypto exchange, late last year to expand its presence in continental Europe.Recently, Kraken expanded its services with the launch of a self-custodial cryptocurrency wallet. The exchange also offers a dedicated platform to its institutional clients, along with custodial solutions.Meanwhile, Kraken is facing regulatory backlash. The US securities regulator has charged the exchange with illegally operating an unregistered securities exchange, broker, dealer, and clearing agency, and with mixing customers’ money and crypto assets with its own.Interestingly, TradeStation Crypto settled with the Securities and Exchange Commission earlier this year by paying $1.5 million for offering crypto lending products, which were categorised as unregistered securities. This article was written by Arnab Shome at www.financemagnates.com.

How to Add Degen Chain to MetaMask

Apr 18, 2024 | 21:16 pm

MetaMask is a popular cryptocurrency wallet and browser extension that allows users to securely store and manage their digital assets. One of the newest and most talked-about additions to MetaMask is Degen Chain, a decentralized finance (DeFi) platform that offers a range of innovative features and opportunities for users to earn passive income. In this ... Read more

JPMorgan's CEO Jamie Dimon Renews Attack on Bitcoin, Calls It "Fraud"

Apr 18, 2024 | 12:52 pm

Jamie Dimon recently affirmed his longstanding stance against Bitcoin. In an interview with Bloomberg TV, the CEO of JPMorgan labeled the leading digital asset a "fraud" and "Ponzi Scheme." According to Dimon, Bitcoin lacks the fundamental qualities necessary to function as a currency. Dimon Labels Bitcoin "Ponzi Scheme""Crypto, if you mean crypto like Bitcoin, I've always said it's a fraud. If they think there is a currency, there's no hope for it. It's a Ponzi scheme, it is a public decentralized Ponzi scheme," Dimon mentioned. He dismissed Bitcoin as merely a speculative asset, saying those who view it as a legitimate form of money are misguided.Despite acknowledging Bitcoin's role in modern financial markets, Dimon does not believe that the token has the potential to function as a currency. Throughout the years, he has consistently expressed skepticism about Bitcoin, citing concerns about volatility and the lack of regulation. Despite the growing acceptance of the asset by mainstream institutions, Dimon's stance has not changed.JUST IN: JPMorgan CEO Jamie Dimon says #Bitcoin is a fraud and a ponzi scheme.JPMorgan is an authorized participant for BlackRock's Spot Bitcoin ETF. pic.twitter.com/4tpjkaZ0TV— Watcher.Guru (@WatcherGuru) April 18, 2024In January, while speaking during the World Economic Forum in Davos, Dimon said that he was officially done discussing Bitcoin. He likened it to a "pet rock," CNBC reported. His comments echoed similar sentiments he expressed in 2021 and the previous year in Davos, terming Bitcoin as "worthless" and a "hyped-up fraud." However, Dimon's remarks highlighted a distinction between blockchain technology and Bitcoin.Perspective on Smart ContractsDimon acknowledged the practical applications of blockchain technology in facilitating efficient transactions and data transfer. He is optimistic about smart contract-enabled blockchains, such as Ethereum, which facilitate the execution of financial transactions without the need for intermediaries.Jamie Dimon on the cryptocurrency industry: "I'd close it down" https://t.co/vimnFywEjk— CBS Mornings (@CBSMornings) December 10, 2023In his latest remarks with Bloomberg TV, Dimon said: "If it's a crypto coin that can do something like, you know, a smart contract that has value, there will be smart contracts and blockchain works."Dimon's latest comments arrived a day before the most important event in the Bitcoin blockchain: Bitcoin halving. This event occurs approximately every four years and cuts the rewards for Bitcoin miners by half. Currently, the cryptocurrency world is excited about the upcoming halving, especially with recent developments like the approval of spot Bitcoin ETFs. This article was written by Jared Kirui at www.financemagnates.com.

Tokenizing Real-World Assets Redefines Financial Inclusivity: A $16 Trillion Outlook

Apr 18, 2024 | 07:26 am

We are standing on the cusp of a new era when digital and traditional finance converge to create social and economic transformation. Where barriers to entry once stood, technological advancements are making it possible for anyone to access wealth-creation opportunities that were once the domain of the elite few. At the forefront of this transformation is the emergence of tokens, specifically those that represent real-world assets, such as stocks, bonds, real estate and others. By reimagining ownership and trading of assets, tokenization is unlocking doors to financial opportunities previously out of reach to many. This shift is not just altering market dynamics, it's laying the foundation for a more equitable and accessible financial future when empowerment and freedom aren't just ideals but tangible realities.Investing in Appreciating Assets - an Economic NecessityThe ability to invest capital into assets, instead of holding cash, is not a luxury but a necessity for every household looking to survive and thrive. Holding cash, often perceived as a safe bet, is a silent thief eroded by the relentless march of inflation. Consider this, $100 in 2004, sitting idly, would have the purchasing power of merely $60 today. Contrast this, with the dynamism of the stock market the same amount invested in the S&P 500 over the same period would have quintupled to an impressive $470.Yet, the landscape of stock ownership reveals a stark imbalance. The wealthiest 10% in the US control an overwhelming 93% of stocks, illustrating a deep-seated inequality in financial opportunity and access. This inequality is magnified when looking at sectors like private equity and private credit, where doors often remain closed to everyday investors. Enter Tokenization, the Great EqualizerWhile a distinctly counter-culture ethos characterized the early days of blockchain, it wasn’t long before traditional financial institutions sought to leverage this technology to improve existing financial pipelines. Thus began the race to tokenize the world and empower traditional assets like stock, bonds, and real estate with the benefits of blockchain, such as 24/7/365 trading, fractional ownership, transparency, and programmability.“The most important first step is to get in there and start to engage in the ecosystem”—Sandy Kaul of @FTI_Global.How banks and asset managers can get started with tokenization ⬇️ pic.twitter.com/kG2MdNrUdv— Chainlink (@chainlink) April 17, 2024Yet, perhaps the greatest advantage of the tokenization of traditional asset classes is the ability to encourage retail participation. Take the Republic Note, for example, a digital asset representing the Republic’s private equity portfolio of over 600 companies, including SpaceX, Maven, and Gumroad. All retail investors have to do to gain exposure to the portfolio is sign up for INX.One, the trading platform where the Republic Note trades 24/7/365. Such a privilege was unthinkable in the pre-tokenization era.The Tokenization Market Is HugeThe total addressable market for tokenization is huge, with hundreds of trillions of dollars worth of real-world assets waiting to come on chain. According to Boston Consulting Group, the tokenized asset market is projected to grow to a staggering $16 trillion by 2030. We are still in the early stages of this transformation, with only about 0.03% of the total market size currently captured. At this low level of market penetration, a golden opportunity presents itself to innovative asset managers, institutions, and investors who wish to position themselves on the cusp of a new financial era. #HSBC to Expand Tokenized Asset Offerings — CEO Says He's 'Very Comfortable' With #Tokenization https://t.co/mjFwfPN7Fw— Bitcoin.com News (@BTCTN) April 16, 2024However, navigating this evolving landscape is not without its challenges. Regulatory frameworks vary significantly across the globe, creating a complex mosaic of compliance requirements for asset managers and investors. This inconsistency in regulations poses a considerable hurdle, as entities must adapt and comply with diverse legal standards in different jurisdictions. Despite these challenges, the opportunity presented in the tokenization of real-world assets is too significant to ignore. Innovative asset managers, institutions, and investors looking to capitalize on this shift should collaborate with tokenization leaders to capitalize on this rare chance to be at the forefront of a financial revolution. Towards a Holistic Tokenized FutureTokenzied real-world assets are not growing in a vacuum. Indeed, no single type of digital asset will monopolize this new financial dawn. Rather, the true power of digital assets is unleashed when different forms of digital assets interface with one another. “The Bank for International Settlements (BIS) has teamed up with the central banks of France, Japan, South Korea, Mexico, Switzerland, the United Kingdom, and the United States Federal Reserve Banks to explore asset tokenization.”https://t.co/IfCuWBVWAt— Securitize (@Securitize) April 17, 2024Cryptocurrencies like Bitcoin, tokenized real-world assets, and Central Bank Digital Currencies (CBDCs) emerge as the foundational pillars of this modernized financial landscape. Each serves a unique role and can empower its peers to reach further than they can on their own. For example, enabling investors to purchase stocks, bonds, and real estate with crypto opens up entirely new investment avenues for crypto investors to diversify their holdings. The coexistence is a testament to the fact that financial inclusivity and progress don't demand the dominance of one over the others, but thrive on their mutual support and integration. As we move forward, this triad of digital assets is poised to redefine not just investment and currency, but the very fabric of economic interaction and empowerment. This article was written by Itai Avneri at www.financemagnates.com.

Binance Receives Full Operational Approval for Crypto Services in Dubai

Apr 18, 2024 | 02:52 am

Binance has announced that it has received a full virtual-asset services provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). This development follows almost a year after Binance entered the third stage of Dubai's four-stage regulatory process.Binance's Dubai Unit Expands ServicesAccording to a VARA filing, Binance's local unit, Binance FZE, secured an Operational MVP license in mid-2023. This initial license enabled the exchange to cater to institutional and qualified investors, offering broker-dealer services as well as virtual-asset derivatives trading.Binance FZE's General Manager, Alex Chehade, emphasized the significance of the full VASP license, stating that it "underlines Dubai's position as a forward-thinking city, acknowledging and embracing the financial potential that blockchain technology brings.""As we secure the esteemed full market VASP Licence, it notably amplifies our unwavering commitment to advancing the financial landscape through compliance and innovation," the CEO, Richard Teng, said in a statement. "This achievement embodies our dedication to transparency, regulatory compliance, and responsible growth in the dynamic digital assets domain."Binance CEO Richard Tang tells @VonnieQuinn the digital-asset exchange has received its long-sought full crypto license in Dubai https://t.co/eOXTsmr2NV pic.twitter.com/5ShdRw0Hag— Bloomberg (@business) April 18, 2024Reports indicate that one condition attached to the license required Binance's Co-Founder and former CEO, Changpeng "CZ" Zhao, to relinquish voting control within the local unit. CZ currently awaits sentencing in the United States after settling charges with the Department of Justice in November. His sentencing is scheduled for April 30.#Binance is proud to have received a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA).This milestone allows us to extend our services to the retail market alongside qualified and institutional investors.Read more ⤵️— Binance (@binance) April 18, 2024Binance Implements Governance Structure with Seven-Member BoardBinance Holdings has established a seven-member Board of Directors after nearly seven years since its inception, as reported by Finance Magnates. Gabriel Abed, the former Ambassador of Barbados to the UAE, assumes the role of Chair. The Board comprises key figures including the CEO, Teng, the Co-Founder, Heina Chen, Xin Wang of Bayview Acquisition Corp, Arnaud Ventura of Gojo & Company, and the former Binance employees, Lilai Wang and Jinkai. This move, spearheaded by Teng, marks a step for Binance towards accountability, following leadership changes prompted by legal challenges. This article was written by Tareq Sikder at www.financemagnates.com.

Binance Mulls Re-Entering India by Paying $2 Million Fine: Report

Apr 18, 2024 | 01:36 am

Binance is considering re-entering the Indian market after paying a $2 million penalty to local authorities, according to a report from The Economic Times published today (Thursday). The cryptocurrency exchange was ousted from the country last January for failing to comply with local laws.India: A Lucrative Market for Crypto ExchangesThe report emerged just a month after KuCoin, a Seychelles-based cryptocurrency exchange, announced its compliance with Indian regulations. Binance, KuCoin, and seven other global cryptocurrency exchanges were blocked by India’s Financial Intelligence Unit for violating local anti-money laundering laws.Following the order of the Indian authority, the mobile apps of these cryptocurrency exchanges were removed from Google’s Play Store and Apple’s App Store. The domains of their websites were also blocked in the country.Although there is no official confirmation, the local publication cited two anonymous sources regarding the exchange’s planned re-entry into the country.“[It is] unfortunate that it took [Binance] more than two years to realise there is no room for negotiations, and [that] no global powerhouse can command special treatment, especially at the cost of exposing the country’s financial system to vulnerabilities,” an anonymous source told the publication.Binance’s India StrategyBinance is the largest cryptocurrency exchange globally in terms of asset holdings and trading volume. It also dominated the Indian markets when it was operational there. Although there were several local crypto exchanges operating in India, Binance had an advantage due to its vast liquidity pool.India is a massive country with a population of over 1.4 billion. According to a report by the local crypto exchange CoinSwitch, the country has over 19 million cryptocurrency investors, of whom nearly nine percent are women. Further, about 75 percent of cryptocurrency investors in India are aged between 18 and 35.Despite the popularity of cryptocurrencies, the Indian government’s stance towards digital currencies has remained cautious. Currently, all crypto exchanges are required to deduct a 1 percent tax at source for all executed crypto transactions. Hpwever, OKX which was not named in the Indian authorities' banned list, which also exited the country earlier this year, citing harsh local regulations. This article was written by Arnab Shome at www.financemagnates.com.

BlockFills Partners with Centroid Solutions for 24/7 Digital Asset Liquidity

Apr 18, 2024 | 01:16 am

BlockFills, the provider of digital asset trading technology and liquidity solutions, has announced a strategic integration with Centroid Solutions' institutional-grade connectivity platform, Centroid Bridge. This collaboration aims to provide brokers and institutional clients with a centralized environment for price management, execution, comprehensive reporting, and BlockFills' round-the-clock digital asset liquidity access.BlockFills Partners with Centroid Solutions to Enhance Digital Asset TradingThe integration of BlockFills' liquidity offering with Centroid Bridge addresses the needs of brokerages by directly connecting these services to clients' trading platforms. Their partnership eliminates the requirement for multiple verticals to conduct operations, providing a cost-effective and efficient solution for clients who prefer to connect through a bridge platform."Our clients now have access to a panoramic ecosystem that supports their business evolution swiftly and without restrictions or added processing fees,” Nick Hammer, the CEO of BlockFills, commented. “The integration dispenses universal connectivity and execution, as well as 24/7 access to BlockFills' liquidity."BlockFills is fully integrated with Centroid Bridge to provide 24/7 digital asset liquidityBlockFills announced a full integration with Centroid Solutions' Centroid Bridge, providing 24/7 digital asset liquidity.— DexBot (@dexbot) April 18, 2024BlockFills' liquidity provision benefits a diverse clientele, including OTC desks, exchanges, payments firms, proprietary trading firms, and brokerages. The company's multi-asset technology platform addresses liquidity fragmentation issues in the marketplace, providing solutions for institutions in the digital spot, derivatives, and credit markets.Centroid Solutions' CEO, Cristian Vlasceanu, noted that the collaboration enables their clients to gain access to a wide range of digital assets with deep liquidity, unlocking new opportunities in the digital asset space.“Centroid Solutions takes a leap forward into the crypto market with the integration of BlockFills as a new cryptocurrency liquidity provider,” he added.Over the past few years, BlockFills has raised a considerable amount of capital from institutional investors, including a funding round in 2021 in which CME Group participated. Then, in 2022, the company secured an additional $37 million in a Series A funding round, accumulating a total of $44 million since its inception in 2018.Centroid's Recent Strategic PartnershipsThe collaboration with BlockFills is just one of the latest partnerships announced by Centroid Solutions.Two months ago, Finalto Asia bolstered its presence in the Asia-Pacific region by partnering with Centroid Solutions. By leveraging Centroid's Bridge Connectivity Engine and Finalto's liquidity services, this alliance aims to deliver innovative and client-centric solutions that elevate the trading experience for Finalto Asia's clients.Centroid Solutions further expanded its offerings to multi-asset brokers through a partnership with TransactCloud towards the end of last year. This collaboration provides round-the-clock operational support and system interoperability services, significantly enhancing Centroid Solutions' capabilities.In October, Centroid Solutions announced a partnership with Skale, a CRM provider, that is pre-integrated with leading trading platforms, payment service providers, KYC tools, and business intelligence tools in the FX market. This article was written by Damian Chmiel at www.financemagnates.com.

Coinbold Partners with Solak GPT to Shape the AI-Driven Future of Web 3

Apr 17, 2024 | 20:27 pm

[Hanoi/Vietnam] – April 18, 2024 – Coinbold, a crypto news website and investor in transformative blockchain technologies, today announced a strategic partnership with Solak GPT. This collaboration aims to accelerate the development of Web 3.0 through the integration of powerful AI tools within Solak’s groundbreaking decentralized ecosystem. Solak GPT stands at the forefront of innovation ... Read more

From $1 Trillion to $2.5 Trillion: Cryptos Boom in Six Months on Institutional Backing

Apr 17, 2024 | 15:00 pm

The cryptocurrency market surged in value from $1 trillion to $2.5 trillion from October 2023 to March 2024. This boost was driven by institutional interest and venture capital funding in the sector. Bybit and Treehouse Finance recently highlighted these findings in a report dubbed the "2024 Institutional Industry Report." The study covered derivatives, challenger chains, and the resurgence of venture capital.Optimism in the Derivatives MarketAccording to the report, there is a positive sentiment in the derivatives market. Bitcoin (BTC) and Ethereum (ETH) exhibited a notable call premium despite the relatively sideways price movement in March, suggesting a bullish sentiment among investors. This outlook hints at the potential for significant price appreciation for these leading cryptocurrencies by the end of the year. BTC's status as a hedge against traditional finance remains robust, with its correlations to major equity indices below 3%.Noteworthy, BTC's negative correlation with equity returns strengthens its role as a diversification tool for equity-focused portfolios. Besides that, challenger chains have garnered renewed interest since Q4 2023, with native tokens outperforming ETH. In particular, Solana is leading the charge, showcasing substantial growth in total value locked and transaction volume. This trend underscores the growing competitiveness in the blockchain ecosystem.Additionally, venture capital funding in the crypto industry has experienced a remarkable resurgence, with deals reaching new highs in Q1 2024. Notable sectors attracting capital, include hardware wallets, blockchain data providers, and gaming projects. This trend signals the diversity in the investment landscape.Crypto Adoption As BTC approaches its fourth halving event, there is speculation about its potential impact on market dynamics. Historical precedents suggest that halving events often coincide with significant price surges. This event marks a pivotal moment for both opportunities and challenges in the crypto space, with institutional interest on the rise and regulatory landscapes evolving.Besides that, Bybit's report highlighted the status of the adoption of digital assets globally. The epicenter of crypto adoption has shifted towards Central and Southeast Asia, with countries like India leading the charge. Grassroots adoption is evident across diverse regions, highlighting the global reach and impact of cryptocurrencies. Despite fluctuations in adoption rates, countries worldwide are experiencing a resilient recovery, underscoring the enduring appeal and potential of crypto in varied economic landscapes. This article was written by Jared Kirui at www.financemagnates.com.

Bitcoin Halving Countdown: Why It May Not Guarantee Price Surge

Apr 17, 2024 | 10:35 am

The Bitcoin halving, an important event written into the cryptocurrency's code, is two days away. This event, which occurs roughly every four years, reduces the rewards for Bitcoin miners by half. The cryptocurrency community is abuzz with anticipation ahead of the halving, especially given the recent developments, such as the approval of spot Bitcoin ETFs and improved crypto regulations. Understanding Bitcoin HalvingThe 2024 halving is expected to have an impact throughout the entire financial system as retail investors gain exposure to Bitcoin through ETFs. This could result in increased crypto transactions, trading volume, investment, and speculation in the sector, Finance Magnates reported. According to the countdown by Binance, the Bitcoin halving event will occur in the next two days. Following the halving, miners often experience a significant reduction in revenue. Additionally, the reduction in selling pressure can contribute to increased trading volume and price volatility in the market. Goldman Sachs recently cautioned investors against associating Bitcoin halving with price surges, Coindesk reported. This is because continued price gains rely on strong inflows into spot ETFs and not just the halving.While previous halvings have been followed by price appreciations, Goldman has pointed out that various macroeconomic factors play a significant role. The firm highlighted that the time taken to reach peak values in the past significantly varied. Additionally, the macroeconomic environment during past halvings differed from the current landscape, marked by high inflation and interest rates.Bitcoin ETFs and Market DynamicsSimilarly, Goldman emphasized in a report by Bloomberg the importance of considering other factors, such as the adoption of spot ETFs, in driving Bitcoin's price. The recent rally in BTC prices, fueled by inflows into U.S.-based spot ETFs, indicates that a significant portion of post-halving expectations may have already been priced in.Fred Thiel, the CEO of Marathon Digital Holdings Inc., echoed Goldman's sentiment, suggesting that the success of ETF approvals has accelerated price appreciation typically observed after halvings. However, Thiel acknowledged the potential impact of the halving on Bitcoin's supply dynamics and emphasized miners' optimism towards the event.With #BitcoinHalving just a few hours away, we can expect a volatile market. Best strategy is to either DCA into your favourite coins or just don't touch your bags at all. Things will settle in a couple of days & after some side way action, we will start moving up, especially the… pic.twitter.com/46YEXP57N8— Cryptonic Bull (@Cryptonic_Bull) April 17, 2024Bitcoin CashRecently, Bitcoin Cash (BCH) experienced its own halving. After the event, the cryptocurrency forked from Bitcoin and dropped 15%. According to Coindesk, this has prompted crypto traders to reassess their expectations of an immediate price surge in Bitcoin post-halving.Bitcoin Cash, created in 2017, has historically been viewed as a measure of Bitcoin's market sentiment. Its recent rally, followed by a sharp decline post-halving, conveys caution regarding Bitcoin's upcoming halving.The decline in the price of Bitcoin Cash was accompanied by the collapse in open interest for BCH futures. This trend indicates a shift in market dynamics. Additionally, negative funding rates across major exchanges reportedly underscore a potential unwinding of bullish sentiment. Insights from Analysts and ExpertsThe investment banking giant JPMorgan anticipates a sell-off price of $42,000 once the halving hype subsides. The impending reduction in miners' rewards of 50% could lead to increased selling pressure, potentially impacting Bitcoin's price trajectory in the coming months.Meanwhile, the Grayscale spot Bitcoin ETF (GBTC) recently experienced a significant decline in holdings. According to a report by Cointelegraph, the fund dropped by half from its trading debut in January to 309,871 BTC as of April 16, 2024. Since its inception, GBTC has faced a massive sell-off, significantly impacting Bitcoin prices. The reason attributed to this outflow is the high trading fees, with GBTC initially having the highest fees among US spot Bitcoin ETFs, set at 1.5%. This discrepancy in fees has prompted other ETFs to lower their fees, ranging between 0.2% and 0.4%. In contrast, BlackRock's IBIT offered a competitive fee of 0.25% at launch. Thus, IBIT has experienced an extraordinary surge, increasing holdings by over 10,000% since its debut. Despite the lack of direct correlation, the surge has added to the significant Bitcoin-related events.Bitcoin ETF LandscapeOverall, the collective holdings of the ten spot Bitcoin ETFs approved in the US reached approximately 862,162 BTC, valued at $54.7 billion as of April 16, 2024. While the decline of GBTC and the surge of IBIT dominate headlines, other ETF providers have accumulated significant holdings, contributing to the dynamic landscape of Bitcoin investments.Meanwhile, Bitcoin mining profitability has experienced a significant downturn of 75% over the past three years. According to Stocklytics.com, profitability dropped from March 2021 to March 2024.This trend is attributed to various factors, including the rising costs associated with mining operations and the impact of halving events on miners' rewards. The metric used to measure Bitcoin mining profitability is the hash price, denoted in dollars per terrahash (USD/TH). This metric has been influenced by several factors, including the price of Bitcoin, transaction fees, network complexity, and block subsidies. Despite Bitcoin's price surges in the past, mining profitability has been on a steady decline, with diminishing returns becoming increasingly evident. Bitcoin mining operations face numerous challenges that impact profitability. Energy consumption is a significant concern, with the process consuming vast amounts of electricity annually. This article was written by Jared Kirui at www.financemagnates.com.

Kraken Steps Up the Game with the Introduction of Crypto Wallet

Apr 17, 2024 | 08:25 am

The recent introduction of Kraken Wallet has marked an advancement in cryptocurrency adoption. This self-custodial wallet is engineered to streamline on-chain transactions. Kraken Wallet emphasizes simplicity, security, and functionality, with the overarching goal of broadening accessibility to decentralized finance.Access to Decentralized Finance: Wallet's User-Centric DesignRegardless of whether individuals are Kraken clients or not, the multichain Kraken Wallet serves as a conduit to the decentralized financial ecosystem. Emphasizing privacy and security, it enables users to maintain custody of their digital assets and data, underpinned by Kraken’s security protocols.With an intuitive user experience, Kraken Wallet eliminates the need for complex network switching or the management of multiple seed phrases. Key features include comprehensive portfolio tracking, support for multiple blockchains, WalletConnect integration for access to decentralized applications, and round-the-clock customer support.Meet the brand new Kraken Wallet: simple, secure, powerful.🗝️ Manage multiple wallets🌐 Multi-chain support📊 Manage NFTs & DeFi positions🔒 IP privacy & Encryption📖 No client side trackingDownload now ⤵️https://t.co/EYHweJGDzV pic.twitter.com/jLbldh9j6k— Kraken Exchange (@krakenfx) April 17, 2024The Wallet collects only essential data necessary for its operation. User activity is routed through Kraken’s infrastructure to safeguard IP addresses and shield personal information from external exposure. The wallet does not retain any user sign-in details, email addresses, or KYC information.EXCLUSIVE: Crypto exchange @krakenfx is releasing their own self-custody wallet, Kraken Wallet, to compete in the crypto wallet space with offerings like @coinbase wallet and @MetaMask - @cryptauxmargaux reportshttps://t.co/PTGFT8lxQh— CoinDesk (@CoinDesk) April 17, 2024Entering the Crypto Wallet Market in Alignment with CompetitorsThe security of Kraken Wallet is fortified through various layers of protection, including biometric authentication and encrypted user passwords. To ensure security measures, the wallet underwent a security audit conducted by Trail of Bits, known for its expertise in cybersecurity.The launch of Kraken's new wallet brings it into alignment with competitors like MetaMask, Ledger, and Trezor within the bustling landscape of cryptocurrency wallets. While Coinbase's offering holds sway with its widespread popularity, competitors like Binance and OKX cater to users with their own wallet solutions. This article was written by Tareq Sikder at www.financemagnates.com.

FMA Cracks Down on These Two Companies amid Fraud Concerns in New Zealand

Apr 17, 2024 | 00:12 am

The Financial Markets Authority (FMA) of New Zealand has been actively combating fraudulent activity and scams in the country's financial markets. In a series of recent actions, the regulator has taken steps to protect consumers and maintain market integrity by cancelling one crowdfunding services license and issuing a warning against a cryptocurrency company.FMA Cracks Down on Fraudulent Activity and ScamsAccording to the update on Wednesday, the FMA cancelled the crowdfunding services license of Equitise Pty Ltd, an equity crowdfunding service provider licensed since 2014. The cancellation followed Equitise's significant breach of certain market services licensee obligations and its failure to meet statutory requirements.The company failed to provide its financial reporting and agreed upon procedures reporting, and was deregistered from the Financial Service Providers Register (FSPR) for failing to file its annual confirmation within the required timeframe."Cancelling a provider's licence is one of the strongest regulatory actions we can take and is not a decision the FMA takes lightly,” Peter Taylor, the FMA Director of Specialist Supervision and Response, stated, emphasizing the severity of the action. “Financial service providers must make sure they are able to meet the legislative requirements and act lawfully. The rules are there to protect consumers and to ensure market integrity."In another warning, the FMA cautioned investors about AxonExchange, a suspected cryptocurrency exchange scam. The platform claims to be based in New Zealand but is not an incorporated company in the country and is not authorized or registered on the FSPR to provide financial services.The FMA is concerned that AxonExchange is operating a scam, prompted by an investor's complaint of difficulty withdrawing funds from the platform.Rising Number of Impostors in New ZealandThe regulatory authority in New Zealand has raised concerns about an increase in impostor-related scams, particularly highlighting the rise in fake product disclosure statement frauds. In 2023, there were 82 warnings issued regarding suspected investment scams and impostor websites, as well as 22 warnings concerning unregistered businesses. This marks a significant uptick in efforts to alert the public about these deceptive practices.Additionally, the FMA has reported an emerging trend where scammers impersonate another regulatory body, specifically the UK’s Financial Conduct Authority. These scammers send emails to New Zealand residents claiming they can assist in recovering funds lost in previous scams. According to a report published by the FMA at the end of last year, while the total number of crime warnings decreased to 89 in 2023 from 111 the previous year, there was a noteworthy increase in the number of impostors and imposter websites. The report noted 29 such cases in 2023, a significant rise from previous years when similar cases were isolated and not statistically relevant. This article was written by Damian Chmiel at www.financemagnates.com.

Coinbold Announces Strategic Investment in Mars4 – MARS BATTLE

Apr 13, 2024 | 02:33 am

Coinbold, a leading investment firm in the cryptocurrency space, has announced its strategic investment in Mars4 – MARS BATTLE, a groundbreaking virtual reality gaming platform. Mars4 – MARS BATTLE, developed by the innovative team at Mars4, is an immersive gaming experience that allows players to explore the planet Mars through virtual reality technology. Players will ... Read more

Dubai Web3 Investment Conclave (DWIC) 2024 Announces Inaugural Edition, Driving Innovation and Sustainability in the Blockchain Ecosystem

Apr 8, 2024 | 01:12 am

Dubai, UAE – 06th April 2024 – The Dubai Web3 Investment Conclave (DWIC), organized by Giakaa Capital with co-host Leo Ventures, is set to become the premier gathering for the global Web3 community. Taking place from April 15th to 21st, 2024, at the DIFC Innovation Hub, this transformative event will explore the frontiers of Web3 ... Read more

What is Saga (SAGA)?

Apr 4, 2024 | 00:46 am

Saga is a protocol that provides blockchain development services for decentralized applications. Let’s dive right in and learn more in this article! What is Saga (SAGA)? Saga Protocol is a venture that offers blockchain construction services for applications. Essentially, Saga functions as a blockchain platform designed to introduce additional blockchains, known as “Chainlets,” within the ... Read more

What is Ethena Labs (ENA)?

Apr 2, 2024 | 00:49 am

Ethena is a project developed to address the issues of existing stablecoins in the cryptocurrency market. What is Ethena (ENA)? Ethena is a cutting-edge decentralized finance (DeFi) protocol built on the Ethereum blockchain. It is designed to generate synthetic dollars, which are digital assets that maintain price parity with the US dollar (USDe). The ENA ... Read more

How to add Metis to MetaMask: Metis Andromeda (Mainnet)

Apr 1, 2024 | 09:24 am

This is a detailed guide to adding the Metis network to a MetaMask Web3 wallet.

What is Mystiko.Network?

Mar 31, 2024 | 01:29 am

Maintaining confidentiality has consistently been a major issue, particularly in the cryptocurrency sector where all transactions are recorded on the blockchain and available to the public. As a result, developers have made it a priority to create projects that enhance privacy for users, making it harder to trace their on-chain actions. One of the projects ... Read more

The April Next Bitcoin Halving 2024: What’s Different and What to Expect for the Crypto Market

Mar 30, 2024 | 03:20 am

Get ready for the next Bitcoin (BTC) halving in April 2024; it could send shockwaves through the cryptocurrency market. Here’s everything you need to know about this important event, including what it means and how you might capitalize on potential shifts. What are Halvings? Bitcoin halving is a programmed event where the reward for bitcoin ... Read more

How to Add Core to MetaMask

Mar 25, 2024 | 20:33 pm

In this guide, we outline the safest and easiest way to add Core DAO to your MetaMask Wallet. Get started with the verified RPC and Chain ID to use the Bitcoin EVM chain.

How to Add NEO to MetaMask

Mar 25, 2024 | 08:02 am

In this guide, we outline whether you can add the NEO Layer 1 blockchain to your MetaMask Wallet. Get started quickly with the verified Chain ID and RPC details.

How to Add Shardeum to MetaMask

Mar 25, 2024 | 01:51 am

A safe and simple guide to adding Shardeum to your MetaMask Wallet to test the network and earn airdrop eligibility.

Protected: Folks Finance

Mar 22, 2024 | 04:53 am

There is no excerpt because this is a protected post.

Blockchain Expo North America Returns to Connect Blockchain, Crypto, NFT and Web3 Ecosystems

Mar 10, 2024 | 23:58 pm

Blockchain Expo North America returns for its 8th year, taking place on June 5-6 2024 at the Santa Clara Convention Center in California. The event and conference is tailor-made for the ambitious blockchain enthusiast who is looking to learn the latest advancements and innovations within blockchain, crypto, NFTs, web3 and more. Building upon the success ... Read more

Blockchain Life Forum 2024 in Dubai: find out how to make the most of the current Bull Run

Mar 8, 2024 | 04:25 am

The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time the central topic of the forum will be making money on Bull Run, ... Read more

Singapore Traders Fair and Blockchain Fest: A Day of Triumph and Innovation!

Mar 8, 2024 | 04:14 am

Singapore, March 5, 2024 – A day of triumph unfolded at Marina Bay Sands on March 2nd as two eagerly awaited events, the Singapore Traders Fair and the Blockchain Festival Asia 2024, jointly organised by global fintech event leader FINEXPO, concluded with resounding success. Welcoming a staggering total of over 2,500 attendees, this dynamic convergence ... Read more

DePIN: Is it the Next Big Wave in Blockchain?

Feb 29, 2024 | 21:51 pm

DePIN, short for Decentralized Public Infrastructure Network, is a new blockchain platform designed to address the scalability, security, and privacy issues in decentralized applications (#Dapps ). #DePIN utilizes a unique architecture that combines sharding, sidechain, and #PoS consensus to achieve high performance, strong security, and seamless interoperability between dApps. Here are some of the key ... Read more

Blockchain Life Week in Dubai: we have never seen this before

Feb 27, 2024 | 22:22 pm

The upcoming Blockchain Life 2024 Forum is set to be a game-changer for industry professionals and crypto enthusiasts from all over the world. With a lineup of renowned speakers confirmed, including the Founder of Tron, CEO of Tether, and CEO of Ledger along with many other leaders of the global crypto market. Gathering over 8000 ... Read more

Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland

Feb 26, 2024 | 22:19 pm

Next Block Expo, the Blockchain Festival of Europe, is gearing up for its return to Warsaw, Poland, on May 15-16, 2024. The event will be part of crypto week during which Poland’s capital will become the epicenter of crypto innovation in Europe. The organizers strive to present Poland’s burgeoning potential as the next big crypto ... Read more

Octavia Web3 Assistant Leverages AI for Improved Crypto Insights and Management

Feb 17, 2024 | 22:16 pm

A new Web3 project named Octavia is harnessing the power of artificial intelligence to simplify cryptocurrency research, portfolio management, and potentially streamline trading processes. Octavia distinguishes itself by providing users with access to advanced AI tools and on-chain data analysis. With an increasing number of decentralized applications and complex financial instruments emerging in the Web3 ... Read more

ERC-404: Could This New Token Standard Disrupt the NFT Market?

Feb 17, 2024 | 22:00 pm

Buckle up, crypto enthusiasts, because there’s a new kid on the blockchain that might just shake up the way we think about NFTs. It’s called ERC-404, and it’s aiming to bridge the gap between two of the most popular token types out there. Think of ERC-404 like a hybrid car – it seamlessly blends the ... Read more

What is ERC-404?

Feb 7, 2024 | 23:24 pm

ERC-404 is an experimental token standard introduced to the Ethereum ecosystem, expanding beyond the traditional ERC-20 and ERC-721 standards. This unofficial token standard on the Ethereum blockchain explores the concept of semi-fungible tokens, allowing for fractional ownership of assets like NFTs. The developer community within the Ethereum ecosystem is diving deep into ERC-404 projects, looking to ... Read more

How to Add Nibiru to MetaMask

Feb 1, 2024 | 20:19 pm

Can you Add Nibiru to MetaMask? Unfortunately, Nibiru and MetaMask are not compatible with each other directly because they operate on essentially different technologies. Nibiru utilizes its proprietary Inter-Blockchain Communication (IBC) protocol to function within the Cosmos ecosystem. It doesn’t work on the Ethereum Virtual Machine (EVM), which is MetaMask’s primary infrastructure. How to Add ... Read more

Dubai 2024 Welcomes the Pinnacle of Blockchain Innovation: The Global Blockchain Show

Jan 24, 2024 | 06:32 am

January 24, 2024. – Join the Global Blockchain Show 2024 in Dubai – an innovation hub showcasing pioneering blockchain technology and visionary experts, April 16-17. The Global Blockchain Show 2024 is set to take place in the magnificent city of Dubai, which is popular for its modern architecture and innovative approach. This event is a ... Read more

Coinbold Announces A Strategic Investment in Octavia

Jan 20, 2024 | 01:45 am

[Hanoi, January 20, 2024] – We are pleased to announce a strategic investment in Octavia, a prominent player in the blockchain and decentralized finance (DeFi) sector. This is not just a significant step but also a strategic partnership, marking the alignment between Coinbold and Octavia in shaping the future and development of the blockchain industry. ... Read more

Blockchain Life 2024 in Dubai – Waiting for ToTheMoon

Jan 18, 2024 | 18:19 pm

On April 15-16, the international forum Blockchain Life 2024 will bring together more than 8,000 crypto leaders and thousands of international companies at the main event of the year in Dubai. Official Trailer 2024: https://youtu.be/jSn8TWHV9Lg Buy a ticket: https://blockchain-life.com What to expect: On the 2 stages of the event attendees can anticipate market analysis and ... Read more

What is XFarm (XFA)? A worthy alternative to xPet

Jan 18, 2024 | 17:56 pm

XFarm is a GameFi platform built on the Arbitrum ecosystem, regarded as an upgrade to its predecessor in the same gaming niche, xPet, which has recently gained recognition and established its reputation. What is XFarm? XFarm is a GameFi platform developed on the Arbitrum ecosystem, incorporating a groundbreaking mechanism that combines farming with blockchain technology. ... Read more

Singapore Traders Fair and Blockchain Festival 2024: A Game-Changing Blend of Finance and Blockchain at Marina Bay Sands, Singapore

Jan 16, 2024 | 07:41 am

Singapore – Get ready for an extraordinary event that will reshape the worlds of finance and blockchain technology. On March 2nd, 2024, the renowned Marina Bay Sands Expo and Convention Centre will host the largest-ever Traders Fair and Blockchain Festival, organised by industry trailblazers FINEXPO. This isn’t just another event; it’s a major shift into ... Read more

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