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Dogecoin Price Prediction as $3 Billion Floods In – $10 DOGE Incoming?
15.4.2024
DOGE has gained by 5% in the past 24 hours, with the Dogecoin price reaching $0.1651 as the cryptocurrency market also rises by 5% today.
The post Dogecoin Price Prediction as $3 Billion Floods In – $10 DOGE Incoming? appeared first on Cryptonews
Ethereum Technical Analysis: ETH Teeters Between Bullish Breakout and Bearish Continuation
15.4.2024
As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent oscillator and moving average signals point towards...
Ethereum-based loans witness increased liquidation in April
15.4.2024
In the initial two weeks of April, Ethereum-based loans witnessed growing liquidation, whereas crypto prices made a reasonable comeback after a very recent selling-off. In the case of Ethereum, it seemingly encompasses almost the entire lending scenario. As per The Block’s data dashboard, almost...
Bitcoin Technical Analysis: Indicators Suggest a Potential Shift in Market Momentum
15.4.2024
As of April 15, 2024, bitcoin presents a mixed landscape of consolidation and subtle recovery hints, reflecting a crucial moment for potential bullish or bearish trends. Bitcoin Despite the current market indecisiveness indicated by the 1-hour chart, the 4-hour and daily charts suggest underlying...
HTX Ventures invests in COREx for BTCFi and next-gen DEX experience
15.4.2024
HTX Ventures, the global investment division of cryptocurrency exchange HTX, has strategically invested in COREx, a decentralized exchange (DEX) that utilizes CoreDAO. COREx, a prominent product within the Core Ecosystem, is anticipated to revolutionize the domain in the era of decentralized...
Cryptocurrencies Not Banned, Vietnam Requires Legal Framework for Regulation — Govt Official
15.4.2024
A government official from Vietnam has stated that cryptocurrencies are not prohibited. However, the country urgently needs to establish a legal framework to regulate their use, the official said. The Finance Ministry has been tasked with drafting a framework to govern crypto assets, which is...
Mixed reactions to Hong Kong’s certification mechanism on OTC trading
15.4.2024
According to the Hong Kong Economic Journal, the related industry has absolutely mixed reactions to Hong Kong’s certification mechanism for OTC trading of virtual assets. The companies are concerned about Hong Kong’s over-the-counter (OTC) certification mechanism, which stipulates that the virtual...
Uniswap raises its trading fees from 0.15% to 0.25%
15.4.2024
Uniswap, a decentralized exchange, intends to raise its trading fees from 0.15% to 0.25% to adequately stand up to certain legal matters pertaining to BitClout from the Securities and Exchange Commission (SEC). The raised amount accrued will go towards offering future funding for the continuing...
XRP nears price drop, ETH loses $3000, and BTC’s future looks bleak
15.4.2024
The current trajectory is highly detrimental for XRP, which is renowned for its low volatility and represents a precarious decline. However, market reports indicate that there is a chance that XRP will return to its flourishing days. It has been reported that Ethereum will dip below the $3000...
South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services
15.4.2024
South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA), has granted approval to 59 license applications from cryptocurrency platforms seeking to offer services to residents.
The post South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services...
Altcoins to watch during the crypto market’s rebound
15.4.2024
Recently, Paul Barron from ‘The Paul Barron Network’ held a live event where he discussed the current affairs in cryptocurrency. Markets have plummeted, and the value of Bitcoin, compared to other tokens, has risen by around 56%. That is why people came to think that there will be such...
Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
15.4.2024
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way...
Hong Kong Approves First Spot Bitcoin and Ethereum ETFs
15.4.2024
The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the region’s crypto market, with approvals awarded to China Asset Management, Bosera Capital,...
How did Binance extend its reach into the gaming industry?
15.4.2024
BNB, Binance Coin’s recognizable ticker, stands out as the main currency of the exchange. Functioning on Ethereum’s blockchain as an ERC-20 token, BNB upholds established standards, with its supply capped at 200 million tokens. Serving pivotal roles within the Binance ecosystem,...
Latam Insights: Bitcoin Hurts El Salvador Credit Opportunities, Paraguay Supports Selling Power to Crypto Miners
15.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Bitcoin hinders El Salvador’s credit talks with the IMF, the Paraguayan Senate issues a statement supporting bitcoin miners, and Venezuela unveils...
Mining Litecoin in 2024: is it still profitable?
15.4.2024
Litecoin, sometimes known as the “silver of Bitcoin’s gold,” was designed as a lighter and faster alternative to Bitcoin. Its blockchain uses an alternative hashing method called Scrypt, allowing faster transaction confirmations. With an active development community and acceptance by numerous...
Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions
15.4.2024
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital...
JPMorgan Warns of Downside Risk in Crypto Markets
15.4.2024
JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds (ETFs) in May. Crypto...
Goldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors
15.4.2024
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors, the bank expects gold to reach $2,700 per ounce by year’s end, pushed by non-traditional factors....
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic
14.4.2024
Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion that the network has been experiencing. The new version of Solana, now being tried in testnet, includes a feature called stake-weighted quality of service (SWQOS), that...