Author: Crypto News

One of the most notable advancements in the crypto market in recent times has been the emergence of casino gaming. This particular niche has experienced a sudden surge in popularity, with many speculating that it could herald a new era for the casino industry, fundamentally altering its traditional operations. This sentiment is echoed by investors, who appear particularly optimistic about its potential.Enter Insanity Bets (IBET), a new decentralized casino gaming platform that has captured significant attention. This crypto project has made a significant impact, with investors eagerly anticipating the opportunity to acquire the token and immerse themselves in the casino…

Last updated: April 7, 2024 09:25 EDT | 3 min read Bitcoin Price PredictionAs the Bitcoin ‘halving’ event approaches in less than two weeks, speculation about Bitcoin price prediction intensifies, with some analysts eyeing the $100,000 mark.Currently, Bitcoin (BTC) has climbed to $69,395, reflecting a modest uptick.This pivotal event, which cuts the mining reward in half, historically triggers significant market movements, igniting debates on its potential impact on Bitcoin’s valuation.Bitcoin Halving 2024: Impact and Expectations as Countdown BeginsBitcoin halving, set to occur in April 2024, is an event that halves the reward for mining new blocks, reducing miner earnings for…

Last updated: April 7, 2024 17:22 EDT | 2 min read TLDR: Arbitrum price has plunged 27.9% ahead of its April 16th Token unlock.  Egrag Crypto has predicted that the price of Ripple would soar in Q2 2024. NuggetRush is getting set for its listing, promising potential gains. As the date for Arbitrum’s token unlock approaches, its price has experienced a massive decline of 27.9%. This decline has caused panic among investors who are jumping to new projects. Egrag Crypto anticipates a bullish trend for Ripple in the second quarter of 2024. On another front, NuggetRush is gearing up for its…

Last updated: April 7, 2024 06:43 EDT | 2 min read Crypto advocacy groups have come to the support of Roman Storm, the developer of Tornado Cash, in his ongoing legal battle. Storm, who was arrested in August and charged with three counts related to his role as a co-founder of the Ethereum privacy protocol, recently filed a motion to drop the charges against him. He argued that the government’s argument was flawed in its understanding of Tornado Cash’s service and blockchain technology.Three prominent pro-crypto organizations, Coin Center, the Blockchain Association, and the DeFi Education Fund, have filed amicus briefs in support of Storm. While each brief…

Last updated: April 7, 2024 02:41 EDT | 2 min read Solana Price PredictionIn a startling market move, FTX’s estate liquidated approximately $1.9 billion of its Solana (SOL) holdings, significantly below current market rates, sparking widespread speculation on Solana’s price prediction. This massive sell-off, constituting over half of FTX’s Solana assets at a 63% discount, has rippled through the cryptocurrency landscape, impacting Solana’s valuation and investor sentiment. Despite this turmoil, the broader crypto market’s resilience hints at potential recovery, posing the question: could this drastic price drop be an opening for SOL to regain its footing and rally? With Solana…

Last updated: April 5, 2024 19:09 EDT | 2 min read Long-term Shiba Inu (SHIB) price predictions have become increasingly bullish from its insane late-February to early-March pump, which saw it more than 4x within days and reach a market cap above that of Bitcoin Cash (BCH).Last at $0.0000269, SHIB has a market cap in the region of $16 billion. Bitcoin Cash’s market cap, meanwhile, was last just above $13 billion.While it has pulled back 40% from March’s highs at $0.000045, SHIB is still 2.5x up on the year.The catalyst was a sudden surge in meme coin risk appetite as…

Last updated: April 5, 2024 16:10 EDT | 2 min read Hong Kong crypto adoption is taking another leap forward at ZA Bank, where executives are in talks to start providing direct banking services to several stablecoin issuers.As reported by BNN Bloomberg, Alternate Chief Executive Devon Sin said the virtual lending firm would provide fiat reserve accounts to such firms once they’re officially approved access to the Hong Kong Monetary Authority (HKMA)’s regulatory sandbox. The company is already speaking to over five corporate clients who are considering a stablecoin offering.ZA Banks Welcomes Stablecoin Issuers“Stablecoin use cases are very diverse, be…

Last updated: April 5, 2024 15:18 EDT | 3 min read News that Ripple Labs is set to launch its US dollar-pegged stablecoin has failed to give the XRP (XRP) price a lasting lift.XRP, the token of the XRP Ledger launched by Ripple Labs in 2012, was last at $0.587.That leaves it close to -7% for the week, and over -20% since 2024 highs printed in March.Ripple CEO Brad Garlinghouse said the firm’s shift into the $150 billion USD stablecoin market didn’t mean it is giving up on its ambitions to grow its XRP-powered on-demand liquidity product. Rather, Garlinghouse noted…

Last updated: April 5, 2024 14:22 EDT | 2 min read Binance announced on April 4 that it will suspend Bitcoin Ordinals trades and deposits from April 18, 2024. The exchange has then advised the holders of the Bitcoin-based non-fungible tokens (NFTs) to withdraw their assets from the trading platform NFT marketplace before May 18, 2024.Binance did not disclose the reason behind the suspension of Bitcoin Ordinals but added that it sought to “streamline product offerings” on its marketplace. Additionally, the Binance NFT marketplace will no longer offer airdrops, utilities, and benefits related to Bitcoin NFTs after April 10, 2024,…

Last updated: April 5, 2024 14:21 EDT | 3 min read Best Crypto to Buy Today April 5 – NEAR Protocol, Toncoin, Bitcoin Cash / Source: Cryptonews Major crypto prices chop within weekly ranges as traders contend with stronger US economic data and fresh hawkish commentary from Fed policymakers. These factors have combined to push markets to downsize bets on Fed rate cuts in 2024. Investors looking for fast returns continue to comb the altcoin markets for the best crypto to buy today.Bitcoin (BTC) was last trading in the upper $67,000s, close to its 21DMA. Its price dropped more than…