Author: Crypto News
Last updated: April 25, 2024 16:08 EDT | 2 min read A depiction of the Capitol Building in D.C. surrounded by blockchain technology symbolizing efforts by U.S. lawmakers such as Reps. Maxine Waters and Cynthia Lummis to advance an effective stablecoin bill. Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the cryptocurrencies be enacted anytime soon?Cody Carbone, Chief Policy Officer at The Digital Chamber, said last week that he would only give the odds of any stablecoin legislation passing before the U.S. presidential election…
Last updated: April 25, 2024 15:42 EDT | 3 min read Best Crypto to Buy Now April 22 – Wormhole, Bonk, Pepe As major cryptos consolidate above earlier session lows, with Bitcoin (BTC) close to $64,000 and Ether (ETH) close to $3,150, traders looking for the best crypto to buy now are scouring altcoin markets for top gainers.Blue-chip cryptocurrency markets are trading down on the week. Spot Bitcoin ETF demand has continued to decelerate, with BlackRock’s IBIT experiencing zero inflows for the first time on Wednesday. ❖ BITCOIN ETFS SEE $120 MILLION OUTFLOWS, BLACKROCK’S IBIT ENDS 71-DAY INFLOW STREAK Per…
Last updated: April 25, 2024 15:35 EDT | 1 min read Ethereum developer firm Consensys, managed by Joe Lubin, filed a lawsuit on April 25 against the U.S. Securities and Exchange Commission (SEC) over its “overzealous regulation” around the Ethereum blockchain.In an announcement on social media platform X, Lubin said Consensys has taken an important step towards “preserving access to ether and, by extension, the Ethereum blockchain in the U.S. We are suing the SEC and fighting back against its overzealous regulatory overreach.” Today, Consensys took an important step towards preserving access to ether and by extension the Ethereum blockchain…
Last updated: April 25, 2024 13:30 EDT | 1 min read Andreessen Horowitz CTO Eddy Lazzarin likened meme coins to ‘Risky Casinos’ on April 25, arguing that they deterred genuine builders from the crypto ecosystem due to the high risk involved.Lazzarin posted to X, stating that meme coins hinder the long-term vision of cryptocurrency, which has kept many of the original builders in the space. Interest in memecoins will come and go, and I’m optimistic that real products/protocols will develop in the end. But we shouldn’t pretend that the casino doesn’t set us back. Deterring great founders and giving ammo…
Last updated: April 25, 2024 12:55 EDT | 2 min read In the most recent meme coin pump, attention has returned to ERC-20 tokens as the Elon Musk-inspired coin, ELON, saw its price skyrocket by an astounding 229x overnight.This article will provide an analysis of ELON’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more promising investment opportunity at this time.ELON Price Analysis: How High Will Latest Elon Musk-Themed Meme Coin Fly?The ELON token recently caught a wave in a typical meme coin rally, riding on the coattails of Elon Musk, who’s…
Last updated: April 25, 2024 12:46 EDT | 2 min read So-called Ethereum killer and blockchain Layer 1 token Algorand (ALGO) is one of the better-performing tokens this week.The price of the ALGO token has appreciated 16% in the last seven days, according to CoinGecko, far outpacing the intra-week performance of market leaders Bitcoin (BTC) and Ethereum (ETH).However, ALGO has since taken a tumble in the last twenty-four hours.ALGO has dropped 8% from its recent peak and currently changes hands at a price of $0.2023.By contrast, Bitcoin remains unchanged in price from seven days ago as it trades for around…
Last updated: April 25, 2024 12:17 EDT | 1 min read The price of the DogWifHat (WIF) coin dropped 10% in 24 hours as investors are flocking to GambleFi.Since the GambleFi project Dicegame’s launch, it has already surged over $500,000 and continues to grow rapidly. WIF Price FluctuatesThe price of WIF has experienced several ups and downs in the past few hours, but it has finally settled at approximately $2.94 for the past five hours. Interestingly, the current market trends suggest that the price may start to rise, indicating a possible bullish trend shortly.There has been a noticeable decline in the market…
Last updated: April 25, 2024 09:12 EDT | 3 min read DOGE has fallen by 8% today, with the Dogecoin price slipping to $0.149 in the past 24 hours, as the cryptocurrency market tumbles by 5%.The meme token is actually up by 2% in a week, although it has fallen by 25% in a fortnight and by 20% in a month.This puts it in danger of completing a classic head-and-shoulders pattern over the past couple of months, a move which would imply a drop to around $0.12.However, it will arguably bottom out well before it completes such a chart pattern,…
The BEFE coin is gradually becoming the most talked about meme coin project in the crypto market right now. Especially now being a time when small crypto projects are in high demand from investors looking to secure a future profit. BEFE coin’s rise to glory lately has been driven primarily by the potential it has been showing as the meme coin to give investors bigger profits. Although It has been living up to the hype in the last 6 weeks, most investors are still confused about what’s driving the BEFE coin price. However, most of this confusion is just to…
The crypto market is primed for a bull run, and investors can’t be more anxious. Especially given how much bullish anticipation surrounded the Bitcoin halving.Now that the Bitcoin halving has been completed, crypto coins are slowly picking up their paces as activities start heating up.One of the coins that’s been popping up in crypto conversations is the Bitgert Coin (BRISE). Bitgert Coin caught the eye in the last bull run in March and sustained its momentum even when other altcoins surrendered to the bearish wave.We’ll take a look at the Bitgert Coin (BRISE) to find out why there’s a lot…