Author: Crypto News

Last updated: April 26, 2024 21:32 EDT | 3 min read Terra LUNA Classic Price Prediction as Community Revises Burn Tax – Can LUNC Reach $100? / Source: Cryptonews The Terra LUNA Classic (LUNC) price has failed to push to the north of its 21DMA and is reversing lower, despite the community revising the token’s burn tax.LUNC was last trading just below $0.0001050, having spent failed four a fourth successive day to break above its 21DMA.The revision to LUNC’s burn tax failed to lift sentiment, probably because the burn rate itself remains unchanged at 0.5%.The just-passed proposal changed around slightly…

With the Bitcoin halving completed, and all altcoins rallying back to new all-time high pricesSolana just launched a brand new owl-themed meme coin named HOOT.COOLIf you missed out on the recent successful Solana Meme Coin Pre-sale and Launch, this is your chance to do 1.5X in 12 days with Hoot Meme Coin, as they list on Raydium in 12 days.PRE SALE IS LIVE!!! HOOT.COOL OWL THEMED SOLANA MEMECOIN1.5X Listing on Radium Guaranteed. 2.5X listing on exchanges in 18 daysFollow the Below Link to BUY $HOOTPRE SALE PAGE: https://www.hoot.cool/pre-sale.html The message and mission of HOOT heralds the belief of the Japanese, the…

Last updated: April 26, 2024 19:18 EDT | 3 min read Thursday, April 25, 2024 – An enigmatic new presale for crypto’s latest canine sensation, AI meme coin WienerAI ($WAI), has already attracted over $350,000 in its first fortnight, as investors pile in for a tokenized piece of Ethereum’s new cybernetic sausage dog.WienerAI recalls another successful recent token launch, canine meme coin and AI security token Scotty the AI ($SCOTTY), which netted close to $10 million in a recent presale.Combining two hot niches, both $WAI and $SCOTTY have inspired investors with the promise of a new generation of coins that…

Last updated: April 26, 2024 18:01 EDT | 3 min read Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic / Source: Cryptonews With major cryptocurrencies trading with a bearish bias on Friday, investors are scouring altcoins markets for the best crypto to buy now for quick gains.Bitcoin (BTC) was last trading with losses of around 1%, just below $64,000. Ether (ETH), meanwhile, is stuck in the mid-$3,100s.Another US data release pointed to sticky inflation pressures in the country, emphasizing the Fed won’t be cutting rates soon. Here is Powells favourite inflation gauge. PCE Core Service Less…

Last updated: April 26, 2024 17:51 EDT | 3 min read Cardano Investors Swing to This Exciting Virtual Reality ICO, Chasing Potential 2,300% Profits / Source: Cryptonews As the Cardano (ADA) price struggles to gain traction, investors are turning to a new virtual reality ICO called 5thScape (5SCAPE) to chase potential 2,300% profits.Cardano is currently stuck in a downtrend from its 2024 highs above $0.80. The 21DMA is also providing strong resistance. Last at $0.468, ADA is down over 10% from earlier weekly highs.As the Cardano (ADA) price struggles to gain traction, investors are swinging to an exciting virtual reality…

Last updated: April 26, 2024 17:43 EDT | 5 min read Stablecoin adoption is increasing rapidly. Data from research firm rwa.xyz shows the number of addresses holding both dollar and crypto-pegged stablecoins has increased by 15% in 2024, which is the highest to date. New research from blockchain analysis firm Chainalysis further found the growing prominence of stablecoins in overall on-chain transaction activity. Chainalysis’ “Crypto Spring Report” noted that stablecoins are becoming a true, global asset. 4/ Stablecoins offer anyone with an internet connection a gateway to the USD, unlocking new pathways of financial inclusion. The US leads in purchases, but…

Last updated: April 26, 2024 17:24 EDT | 3 min read Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know / Source: Cryptonews The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in the wake of the latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations.A MoM inflation rate of 0.3% translates to an annualized inflation rate of around 3.6%. That’s well above the Fed’s 2% inflation target, pointing to still uncomfortably high…

Last updated: April 26, 2024 16:34 EDT | 1 min read Ki Young Ju, the founder and CEO of CryptoQuant, voiced his support on April 25 for crypto mixing, arguing that such activities were not illegal. His reaction was in response to the arrest of Samourai Wallet’s founders, which sparked concerns in the crypto community over the U.S. government’s aggressive crackdown on the crypto industry.CryptoQuant CEO Voices Out Concerns On DOJ’s Stance on Privacy-Driven TechnologiesThe U.S. Department of Justice (DOJ) arrested Keonne Rodriguez and William Hill, the CEO and chief technology officer of Samourai Wallet on April 24. They each…

Last updated: April 26, 2024 16:19 EDT | 1 min read Over $500 million in Ethereum (ETH) long positions could be liquidated if the price experiences another major drop this weekend. This concern stems from the recent volatility witnessed in the ETH market, with sharp price swings becoming a recurring theme.Price Swings Threaten Ethereum LongsLast weekend, the price of ETH plunged by 2.5%, dropping to $3,036, triggering liquidations for some long positions.An even steeper decline of 9% occurred on April 13, pushing the price down to $2,950 before a rebound.ETH is currently trading at $3,052, down 0.52% in the last 24…

Last updated: April 26, 2024 15:11 EDT | 1 min read Crypto investor Arthur Hayes believes Bitcoin could experience a bull run resurgence if, as he anticipates, liquidity returns to the economy next week stemming from Janet Yellen’s policies.Bitcoin could see renewed momentum due to new United States economic shifts. Hayes believes that while the Federal Reserve’s decision to maintain interest rates may not directly impact Bitcoin and altcoins, Treasury Secretary Janet Yellen is now the key figure to watch.Hayes Insights on “Ignoring the Fed” in Bitcoin Bull RunOn April 29, the United States Treasury plans to release quarterly refunding…