Author: Crypto News

Last updated: April 19, 2024 13:06 EDT | 1 min read Understanding the implications of the Bitcoin halving on miners and the cryptocurrency market. Bitcoin’s fourth halving event is imminent and will occur just after midnight UTC on April 20 (8 pm ET today), which will reduce the block subsidy reward for miners from 6.25 BTC to 3.125 BTC per block, potentially impacting the cryptocurrency’s price and mining operations.Bitcoin halvings occur automatically every 210,000 blocks or approximately every four years. To understand the importance of this event, let’s examine previous halving events and their historical impact on the industry.A Look…

Last updated: April 19, 2024 12:33 EDT | 1 min read The SEC amends its Tron lawsuit against Justin Sun, alleging he “traveled extensively” to the U.S. for work with his crypto companies. The United States Securities and Exchange Commission (SEC) has edited its Tron lawsuit against Justin Sun and his crypto companies, Tron Foundation, the BitTorrent Foundation, and Rainberry, following his attempted dismissal of the litigation late last month, amended court docs filed on Thursday reveal.Tron Lawsuit Edited After Justin Sun’s Attempted DismissalIn the updated court filings, the SEC claims that the Tron founder “traveled extensively” to the U.S.…

Last updated: April 19, 2024 12:09 EDT | 2 min read A new ICO for Solana GambleFi token Mega Dice (DICE) started this week and it has already raised over $350,000 in just a few days of launching, according to an announcement on Mega Dice’s X account. The ICO began on Wednesday, and within 24 hours it had already netted a whopping $300,000. Early support came strong because Mega Dice has already established itself pretty well in the world of GambleFi, aka crypto casinos.It launched last year as the world’s first licensed crypto casino accessible through the popular messaging app Telegram.This…

Last updated: April 19, 2024 12:07 EDT | 4 min read Pepe Holders Are Moving Their Investments to a New Bitcoin Project – What’s Behind the Shift? / Source: Cryptonews As Pepe (PEPE) consolidates within recent ranges following its ugly sell-off last week, Pepe holders are moving their investments to an exciting new Bitcoin project called 99Bitcoins (99BTC) as they hunt for exponential gains.At current levels around $0.0000052, PEPE is down over 50% from its March highs. The meme coin dumped last week amid a widespread altcoin sell-off that was catalyzed at the time by geopolitical tensions.A bearish break below…

Last updated: April 19, 2024 11:18 EDT | 3 min read Galactic Group to launch AAA Web3 game publisher in the United Arab Emirates (UAE) with the backing of world-class talent from Hollywood and the gaming industry.The recently established business, known as Galactic Entertainment Publishing, is the first division of parent company Galactic Group.It is the brainchild of industry visionary Loren Roosendaal, who intends to redefine the gaming space as one of the world’s first play-to-own publishers, elevating Web3 gaming to Triple-A status.A goal that is not without support, bringing together renowned talent from the gaming and movie industry, including…

Last updated: April 19, 2024 11:03 EDT | 1 min read HashKey Exchange, a licensed exchange based in Hong Kong, has announced the temporary suspension of digital asset deposits and withdrawals to and from Binance.In a Friday announcement, the company said that the decision comes as a result of policy adjustments implemented by HashKey Exchange.Per the announcement, HashKey Exchange will no longer accept any virtual asset deposits from Binance hosted wallet addresses effective from May 10, 2024.Furthermore, starting from May 17, 2024, the exchange will cease to allow any crypto withdrawals to Binance hosted wallet addresses.It’s important to note that deposits from and withdrawals to whitelisted…

Last updated: April 19, 2024 10:52 EDT | 3 min read Amidst the surging prices of Polkadot and Shiba Inu, BlockDAG is capturing the imagination of the cryptocurrency world with its groundbreaking potential for a 30,000x return on investment. As Polkadot advances its community engagement and Shiba Inu rides a wave of investor enthusiasm, BlockDAG distinguishes itself with a novel blend of blockchain security and Directed Acyclic Graph (DAG) scalability. This innovative approach is highlighted by a teaser for an upcoming keynote video shot from the moon, promising to elevate the project to unprecedented heights. As BlockDAG’s presale gathers momentum, it…

Last updated: April 19, 2024 09:37 EDT | 3 min read Source: Ethena The governance token for synthetic dollar protocol Ethena (ENA) has shed 33% over the last week as it begins Friday morning UTC trading at $0.9632.While this is one of the heaviest intra-week losses for a top 100 cryptocurrency, ENA looks set for a quick recovery. In the last 24 hours it has grown in price by about 10%.These figures reflect a more volatile token than the market leaders. Bitcoin (BTC) and Ethereum (ETH) declined by 9% and 12% respectively.The original cryptocurrency and the only coin with a…

Last updated: April 19, 2024 09:30 EDT | 2 min read Singapore-based payments company Triple-A has announced plans to integrate PayPal’s stablecoin into its list of supported tokens for customer payments. As the first licensed crypto payments firm in Singapore, Triple-A aims to introduce support for PayPal’s stablecoin, PYUSD, by the end of June, according to a report from Bloomberg. Currently, the company offers payment services primarily in Bitcoin, Ether, and stablecoins issued by Tether and Circle.PayPal’s PYUSD Continues to Gather MomentumThis expansion marks another significant step for PayPal’s PYUSD, an effort by the fintech giant to challenge its crypto rivals. Tether’s USDT remains the dominant…

Last updated: April 19, 2024 08:12 EDT | 3 min read The FLOKI price has jumped by as much as 8% today, rising to $0.0001418 as the cryptocurrency market as a whole increase by 5% in the past 24 hours.FLOKI is now down by 26% in a week and by 21% in a month, although the popular Ethereum- and BNB-based meme token has gained by an impressive 310% in a year.This sets it up nicely for a strong comeback in the near future, with the wider market preparing for the possibility of a post-Bitcoin halving rally.And with FLOKI outperforming more…