Author: Crypto News
In April, the bullish mood continued for crypto markets. The difference is that now, assets are diverging, each charting a different path of technological development and price action. Cardano (ADA) and Polkadot (DOT) aim to expand in 2024 mostly by introducing new features and attempting to add new projects and users. But when it comes to hither potential gains, the Kelexo (KLXO) presale is winning over with a promising discounted presale. Cardano (ADA) Gains Influence with Hwawei PartnershipEmurgo, the founding entity of Cardano (ADA) Network, reached a breakthrough with the potential to boost adoption on the market in Southeast Asia. Cardano…
Pushd is making a splash in the crypto world, and the presale is attracting a lot of attention, especially from Aptos and Cosmos investors. These folks are snapping up Pushd token at only $0.144 each as the presale reaches its end stages. The excitement is all about Pushd’s plan to use blockchain technology to revolutionize e-commerce. If you’re looking to invest in the future of online shopping, Pushd’s presale might be worth checking out.Aptos Seeks Practical ApplicationsAptos is a new blockchain shaking things up with its focus on super-fast transactions and unwavering security. This combination attracts investors looking for a…
Solana is one of the essential blockchain ecosystems that has made remarkable contributions to decentralized finance. In January, SOL experienced a significant wave of price drops, going down 23%. Since Solana’s market crash made investors worried about their capital, Raffle Coin stepped forward to offer relative stability and peace of mind. Among investors, SUSHI and Theta Network holders are not having the best of time. They have seen their investments dwindle in recent weeks with no respite in sight. This is why it is unsurprising that they are eyeing the potential future of the decentralized lottery. With the first presale of…
Given the enormous swings in price of major cryptocurrencies such as Bitcoin amid massive volatility within the cryptocurrency industry, investors and crypto enthusiasts are searching for opportunities that could lead to large profits in a post-halving world. Bitgert, a player in the blockchain space since 2021 has attracted attention because it is poised for immense growth after bitcoin undergoes its halving.What is Bitcoin Halving and How does it Affect the Market?Bitcoin halving is an important event in the cryptocurrency market where miners receive fewer rewards for processing transactions thereby reducing the creation rate for bitcoins. This happens every four years…
Last updated: April 20, 2024 04:30 EDT | 2 min read A group of cryptocurrency users involved in a class-action lawsuit against former FTX CEO Sam “SBF” Bankman-Fried has recently reached a proposed settlement.According to court filings made on April 19, the plaintiffs, who had sued FTX influencers in 2022, have decided to pursue their case against FTX promoters using information presented during Bankman-Fried’s criminal trial, rather than continuing to pursue judgment against him.The filing states that Bankman-Fried possesses knowledge and information that the plaintiffs and their counsel believe will be valuable in their cases against other defendants in the FTX multidistrict litigation. This information relates to the underlying actions,…
As the cryptocurrency market prepares for the Bitcoin halving, which historically triggers significant gains. A new meme coin called $SNUKE is preparing to capitalize on the hype to make its debut on the Solana blockchain.Introducing $SNUKE, the latest meme coin set to make waves on the Solana blockchain, aspiring to become a major player in the meme coin arena.Why $SNUKE and Why Now? Meme coins on Solana aren’t just catching on; they’re booming, quickly raising millions and reaching multi-billion dollar valuations. This vibrant activity underscores Solana’s thriving ecosystem, making it a prime location for innovative projects like $SNUKE.How to Get…
We provide you with the latest bitcoin news available daily. Bitcoin is the first peer-to-peer digital currency, also known as cryptocurrency. It is famous for its decentralized transactions, meaning that there is no central governing body operating it, such as a central bank. Read the full article here
Last updated: April 19, 2024 22:58 EDT | 3 min read Chaos has taken over the cryptocurrency space as we move closer to Bitcoin’s (BTC) April 19 halving event. Investors haven’t seen the considerable growth many analysts predicted would occur leading to its halving event.Instead, BTC’s price has pulled back considerably since traders set an all-time high (ATH) at $73,750 on March 14. Bitcoin’s recent correction lowered prices to the $60,000 support level, leading to a massive decline in investor confidence. Some analysts blamed the recent price drop on miners selling off their tokens before the halving event.While investors are…
Last updated: April 19, 2024 22:45 EDT | 2 min read TLDR: Litecoin’s price has dropped 7.8% in the past month. Uniswap’s price has dropped 38.3% in the past week. The Wells Notice from the US SEC is responsible for the massive price drop. Rebel Satoshi Arcade is adding more value to what a meme coin is. Since the rally that occurred at the start of March, most altcoins have been in a downtrend. Selling pressure has hit top altcoins such as Litecoin and Uniswap, forcing them to lose the gains they picked up last month.At the same time, a…
Last updated: April 19, 2024 19:21 EDT | 1 min read Bitcoin’s latest price dip to under $60,000 has raised questions as to whether the asset’s spectacular bull run this year could be ending earlier than expected.Lead Glassnode analyst James Check, however, says bull have very little to worry about.Bitcoin’s Pullback: Dip Or Doom?In a video analysis posted on Friday, Check reviewed various on-chain metrics concerning short-term Bitcoin holders, who first acquired their coins less than five months prior.Firstly, Bitcoin’s short-term holder MVRV ratio is now re-approaching 1.0, meaning its unrealized profit and loss have reached a break-even point. This…