Author: Crypto News

Last updated: May 10, 2024 12:21 EDT | 2 min read Hip Hop is back with a bang in 2024, as industry legends Kendrick Lamar and Drake duke it out for the crown in an increasingly hostile rap battle – and Solana meme coin markets haven’t missed a beat, with new OVHoe (BBL DRIZZY) token skyrocketing.This article will provide an analysis of BBL DRIZZY’s current price trends in the Solana meme coin market and look to see whether an innovative new meme coin, DOGEVERSE, represents a more promising investment opportunity at this time. THAT #BBLDRIZZY 🎶🎶🎶$OVHOE READY TO TAKEOVER ON…

Last updated: May 10, 2024 10:36 EDT | 2 min read BlastUP, the pioneering launchpad within the thriving Blast L2 Ecosystem, is making waves in the crypto world with its groundbreaking and transparent approach to presales. The project’s presale has already raised over $5.5 million, a significant milestone that underscores its commitment to innovation and community engagement. Blast Layer-2 Network: Home to a Rapidly Growing EcosystemAs the sixth-largest chain by dAppTVL (Total Value Locked) and the second-largest L2 by TVL, Blast has been rapidly gaining in popularity since its launch. The Layer 2 solution is built on the Ethereum blockchain and…

Last updated: May 10, 2024 10:23 EDT | 2 min read Franklin Templeton, a powerhouse asset manager overseeing trillions in assets, has spotlighted Base, an Ethereum Layer 2 network incubated by Coinbase, as a frontrunner in the realm of Social Finance (SocialFi) with its prime application, Friend.tech.With its innovative approach and strategic partnerships, Base is poised to capture a significant share of SocialFi activity, marking a pivotal moment dubbed “Base Season” by Franklin Templeton.Base Powering A Big Chunk Of SocialFi with Friend.techAccording to a Franklin Templeton report, a substantial 46% of transactions within the SocialFi sector are now routed through…

Last updated: May 10, 2024 10:13 EDT | 2 min read A Hong Kong businessman and his son have surrendered to police in connection with the abduction of a cryptocurrency investor, according to a local news outlet, the South China Morning Post, citing sources familiar with the matter.The 70-year-old man and his 30-year-old son were arrested on suspicion of false imprisonment and assault, according to police sources. As of Thursday morning, they remained in custody for questioning.Hong Kong Police Arrest Suspects in Connection with Cryptocurrency-Related Abduction CaseAccompanied by their lawyer, the pair turned themselves in at Tai Po Police Station…

Decentralization has led to the emergence of hundreds of new altcoins, NFTs, and stablecoins with varying use cases. Among these new crypto are WAX and MATIC, two exchangeable tokens that are a must-have for anyone looking to invest in blockchain.In this article, we highlight the significance of both tokens in the crypto market. We go on a deep dive into the current market analysis to help you decide if it’s the right time to exchange WAX to MATIC or if you are better off hodling your WAX in 2024.Overview of WAX and MATICBoth WAX and MATIC have played a huge…

With Wisdomise AI’s proprietary AI-driven insights and wealth-management tools, both active and passive crypto investors can optimize their portfolios, reduce risk, and unlock higher yields within the evolving digital assets worldDover, DE, USA, 10 May 2024 — ChainGPT, the AI-powered Web3 infrastructure providing a diverse suite of tools and services, announces the exclusive IDO launch of its latest launchpad project: Wisdomise AI, an all-in-one AI-powered crypto advisor and investment assistant. With the support of ChainGPT Pad’s IDO launch pad, Wisdomise AI is set to launch its $WSDM token on May 13, advancing its vision of bringing AI-powered investment and wealth…

Last updated: May 10, 2024 08:47 EDT | 2 min read Are you on the hunt for the most promising crypto investments for 2024? With the dynamic shifts in the blockchain landscape, pinpointing the best opportunities becomes crucial. BlockDAG, Shiba Inu, and Fantom are three names that have been generating significant buzz. But what makes them stand out in the crowded market?BlockDAG’s innovative technology enhances transaction speed and scalability, setting a new standard in the industry. Shiba Inu, initially seen as a meme coin, has developed a robust ecosystem with real-world utility, while Fantom’s unique consensus mechanism offers unmatched security…

Last updated: May 10, 2024 08:45 EDT | 2 min read One influential trader believes DogWifHat will crash soon. A top crypto influencer on X believes the popular Solana meme coin DogWifHat ($WIF) could tumble all the way down to a dollar from its current price of $3.17. In a recent tweet, Bluntz Capital (@Bluntz_Capital) cautioned, “price action on this bounce over the last 3 weeks has been slow, overlapping, and corrective looking.” Bluntz further argues that WIF’s current gains could be a brief wobble before the token crashes and bottoms out at a dollar.  i thought the abc might be…

Last updated: May 10, 2024 08:45 EDT | 3 min read Crypto exchange Kraken urged the US court to dismiss the SEC claims against it to avoid a “significant reordering” of the US financial regulatory structure.In November 2023, the Securities and Exchange Commission (SEC) initiated a lawsuit against Kraken. The SEC alleging it had been operating an unregistered securities trading platform.This suit came months after settling charges over Kraken’s former staking service.In February 2024, Kraken filed to dismiss the lawsuit, contending that it relied solely on a registration-based argument regarding Kraken’s operation as an unlicensed securities entity.Kraken argued that cryptocurrencies…

Last updated: May 10, 2024 08:03 EDT | 3 min read SOL has jumped by 8% today, with the Solana price reaching $153.37 as the wider crypto market gains by 2.5% in the past 24 hours.The altcoin is also up by 10% in the past week, although it remains down by this percentage in a month, following a bearish period for the market as a whole.Yet it seems that today marks a short-term turning point for SOL, which has seen its 24-hour trading volume reach $2.8 billion today.This level is a sign that it could be ready to make another…