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HBAR falls 32% as BlackRock denies any business ties to Hedera
25.4.2024
The recent debunking of the BlackRock-Hedera collaboration speculations, after the misunderstanding caused the brief rise of Hedera’s digital currency value, has fixed the latest updates to the truth. In an official statement, BlackRock, a well-known multinational finance corporation...
Investor settlement releases FTX co-founder Sam Bankman’s Civil Liability
25.4.2024
This new development in the series of lawsuits emerging from the FTX debacle involves a group of investors and customers deciding to withdraw their claims against Sam Bankman-Fried, one of the founders of the crypto exchange. The group reached this decision per a signed agreement allowing...
Amazon’s new rival: Pushd e-commerce, draws Litecoin & XRP investors with promises of massive presale profits
25.4.2024
With the entry of Pushd, an emerging competitor that promises to transform online buying via a decentralized approach, the e-commerce scene is ready for a significant shift. This promising presale has attracted traders from the Litecoin and XRP communities, who are very much interested in this...
Solana (SOL) eyes for support at $170
25.4.2024
Solana will have to jump by a huge margin to make up for where the community wants it to go. SOL is expected to have a great end to this year despite being surrounded by heavy volatility, courtesy of Bitcoin Halving, which has already presented its case with a potential correction in values....
Stellar (XLM) and Solana (SOL) supporters bet big on Kelexo (KLXO), seeing major growth potential in stage 2 lending presale
25.4.2024
April 20th saw the much-awaited Bitcoin halving event. As a highly anticipated cryptocurrency event, the halving majorly influenced developments in many altcoins throughout the industry. Solana (SOL) and Stellar (XLM) represent two projects affected by the halving, positively and negatively. ...
Despite market fluctuations, Koala Coin (KLC) offers stability, outshining Aptos (APT) tumble and Flow (FLOW) dip
25.4.2024
In the whirlwind that is the crypto market of 2024, out of the 5,000+ new players, there’s one that’s not just surviving but thriving, Koala Coin. While the crypto world has been on a wild ride with traditional giants like Aptos (APT) and Flow (FLOW) facing their share of turbulence...
Marketplaces See Surge in Runes-Based DOG Token Trading, Market Cap Now at $319M
25.4.2024
On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24 hours, the token amassed approximately $13.20 million...
Binance and OKX watch out: Fezoo’s presale with Toncoin & BNB holders signals strong market entry
25.4.2024
With the arrival of Fezoo Exchange, the longstanding dominance of established exchanges like Binance and OKX is about to be challenged. This innovative platform is attracting significant interest across the crypto markets, particularly from holders of two prominent cryptocurrencies: Toncoin (TON)...
Ethereum begins to show bearish signs as price faces rejection
25.4.2024
Ethereum has not been bullish since Bitcoin Halving ended. If anything, it could be starting to send fresh bearish signals across the market. This is evident from the fact that it has lost the major resistance mark of ~$3.200. Once closer to $4,000, Ether is now trading lower than the bottom line...
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
25.4.2024
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial...
DeFi bull market confounds expectations with RWAs and ‘recursive airdrops’
25.4.2024
Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected
Dogecoin Price Prediction as DOGE Forms Bearish Head and Shoulders Chart Pattern – 30% Drop Incoming?
25.4.2024
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 post Dogecoin Price Prediction as DOGE Forms Bearish Head and Shoulders Chart Pattern – 30% Drop Incoming? appeared first on Cryptonews
Time to buy Bitcoin? Recent downturn shows off advanced Octoblock features
25.4.2024
The recent Bitcoin price drop has prompted astute investors to consider entering the market while simultaneously displaying the potential of Octoblock’s advanced features. Bitcoin price The Bitcoin price plunged below $60,000 on April 17, reaching levels last seen in February. This decline...
Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event
25.4.2024
Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of Salvadorans is protected, and the security of its data...
Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi Scheme
25.4.2024
Instagram influencer Jebara Igbara, known as "Jay Mazini," has been sentenced to seven years in prison for orchestrating a multi-million dollar cryptocurrency Ponzi scheme.
The post Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi...
Memecoins are like a ‘risky casino’ — Andreessen Horowitz CTO
25.4.2024
The chief technology officer of VC firm a16z said that memecoins are like risky casinos that deter real builders from the crypto ecosystem
Bitget Cites High Adoption Rates in MENA Following 1,400% Surge in Region’s Active Users
25.4.2024
Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to the region’s perceived high adoption rates and...
REZ tokenomics statement on Binance depegs Renzo’s ezETH 18.3%
25.4.2024
The fall of the Renzo restaking token was within minutes before its ultimate recovery, and it trades below ether as of now. This trend is probably due to the user’s intention to exit ezETH after getting an idea about Renzo restaking token’s totally confusing distribution plan. Some crypto experts...
Australian, Indonesian Tax Bodies Sign Agreement to Share Crypto Information
25.4.2024
The tax authorities of Australia and Indonesia have signed a memorandum of understanding to share information on cryptocurrency. Under this agreement, both entities will exchange data on crypto assets and share knowledge to ensure adherence to tax obligations. Agreement Underscores Two Countries’...
EU enacts crypto regulations to combat money laundering
25.4.2024
The new legislation would impact crypto-asset service providers (CASPs), like centralized crypto exchanges under MiCA (Markets in Crypto-Assets Regulation)