Author: Crypto News

Last updated: April 26, 2024 08:04 EDT | 1 min read Pantera Capital, the first crypto fund in the U.S., won some of the bids for the 41 million in locked Solana tokens during an FTX estate auction this week.Bloomberg reported today, citing an anonymous person close to the matter, that Pantera added to their winnings among other bidders as 2,000 SOL tokens sold this week.FTX, one of the largest cryptocurrency exchanges of its time, went bankrupt in 2022, leaving its crypto holdings under lock. Solana (SOL) made up a majority of these holdings, with over 41 million tokens to…

Last updated: April 26, 2024 08:42 EDT | 5 min read Get your daily, bite-sized digest of blockchain and crypto news today – investigating the stories flying under the radar of today’s news. In crypto news today: Why is crypto up today? Stablecoins Trading Volume Reaches All-time Highs Immutable Launches the Main Quest with Up to $50 Million in Rewards Already Committed Arbitrum, Optimism, Polygon, StarkWare, and zkSync Integrate with Avail __________Why is crypto up today?Global crypto market capitalization is up 0.4% over the past 24 hours. According to CoinGecko, it stands at $2.494 trillion.In contrast to yesterday’s situation, when…

Last updated: April 26, 2024 07:28 EDT | 3 min read Shiba Inu has risen by 4% today, with its price reaching $0.00002589 as the crypto market as a whole gains by 1% in the past 24 hours.SHIB has now increase by 13.5% in the past week, and while it’s down by 13% in a month, it has posted a 145% return in the past year.It continues to have momentum after its developers announced funding for a new layer-three network this past week, with its gains likely to continue for at least the next few days.And with the wider market…

Memecoins are created on the idea of internet jokes or memes and are hyped by the large community support and social media hype. They don’t have any specific utility but have helped build many rags-to-riches tales. Since the beginning of 2024, a large number of new memecoins have joined the market. Only in March 2024 did the number of new token launches spike to 195,735, setting a new record high. Once more, investors are very optimistic about this ongoing memecoin season. They are finding new coins to participate in the assessment procedure aimed at identifying the most valuable meme coin.Not so long…

Last updated: April 26, 2024 06:34 EDT | 3 min read SOL has slid by 1.5% in the past 24 hours, with the Solana price dropping to $143.91 as the crypto market as a whole gains by a very modest 0.5% today.This move means that SOL is basically flat in the past week, but also down by 22% in a month, amid a difficult period for the market.Yet with the alt also sitting on a 550% gain in a year, and with the coin’s recent decline bottoming out, it’s in a position where it could recover strongly soon.Solana Price Prediction…

The cryptocurrency market is a dynamic landscape, often characterized by its volatility and unpredictability. Within this dynamic environment, meme coins have emerged as a unique and intriguing category, capturing the attention of investors and enthusiasts alike. Recently, a new meme coin has entered the scene on the Solana network, promising to disrupt the status quo and potentially follow in the footsteps of successful predecessors like Dogwifhat (WIF) and Bonk (BONK). In this article, we’ll delve into the insights of top analysts to understand why this new Solana meme coin, $HUMP, with a market cap under $250,000,000, could indeed become the…

The new crypto market holds remarkable potential. However with its complexities and instability, parries traders and investors. This is because most crypto’s assets often rely on hype and trends, then comes the bearish market and these coins go on a decline trend.Most investors look for stability in these coins to diversify their portfolio and increase their earning potential.Bitgert exchange is one asset that has stood the test of time. With its innovative features, you can’t just miss out on this coin. Even the stats prove it, with the potential to become the next “Bitcoin”. With Bitgert, investors and traders can…

Last updated: April 26, 2024 05:33 EDT | 2 min read Taiwan prosecutors charged 32 individuals with fraud and money laundering linked to ACE Exchange, the Taipei Times reported Friday.The Taipei District Prosecutors’ Office indicted key figures involved with the exchange. These include founder David Pan, his business partner Lin Keng-hong, and former chairman Wang Chen-huan.In a staggering fraud, prosecutors estimate over 1,200 people lost a combined total of NT$800m ($24.56m).Prosecutors allege that starting in 2019, the suspects convinced investors to buy NFTC tokens, bitnature coins, mochange (a token created by ACE Exchange), and other tokens. They are also accused of…

Last updated: April 26, 2024 05:02 EDT | 2 min read A group of Armenian officials from various law enforcement agencies have been trained on crypto-asset investigations to combat crypto-related crimes.The training was conducted by the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA), in collaboration with the United Nations Office on Drugs and Crime (UNODC), the OSCE said in a Friday press release. The training, held in Yerevan from April 24 to 26, brought together 27 representatives from various law enforcement agencies.Armenian Officials Learn Techniques for Crypto InvestigationOver the course of three days, participants immersed themselves in learning fundamental…

Last updated: April 26, 2024 04:58 EDT | 2 min read Chainlink Labs’ director of capital markets said traditional finance is not the best use case for tokenization, real-world data is.Real-world asset (RWA) tokenization is one of the largest market opportunities in the blockchain industry, with a potential market size in the hundreds of trillions of dollars. 1/ The tokenized RWA opportunity is measured in trillions of dollars. By tokenizing an asset, blockchain-enabled superpowers are unlocked, from near-instant settlement to enhanced liquidity, fractional ownership, DeFi integration, & more. Breaking down the RWA megatrend 🧵👇 pic.twitter.com/e4WYSB8iAo — Chainlink (@chainlink) April 23,…