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SHIB token burn rate skyrockets 300%, fueling price surge and optimism
9.4.2024
Previous days witnessed a massive increase in token burns daily, and it happened at a time when an increase in the meme coin’s price was reported. Shiba Inu, the world’s biggest meme coin, was subjected to a large burn rate the previous week. This resulted in almost 100 million SHIB...
Ethereum eyes $4580 if it sustains above $3500: Trader’s Opinion
9.4.2024
The price of Ethereum, the second-largest cryptocurrency, increased significantly in March 2024, much like that of Bitcoin. From March 7 to March 13, it increased to $4,044, a significant weekly gain of 7.75%. This occurred due to Bitcoin’s increased value and increased demand. The number...
Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market
9.4.2024
After holding a leading spot among the top cryptocurrencies for years, cardano (ADA) has recently been relegated to the tenth position. This shift occurred as toncoin (TON) ascended, surpassing the market capitalization of cardano. Toncoin Overtakes Cardano in Market Cap Over the past year, bitcoin...
Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000
9.4.2024
According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued at $27,900. Similarly, Blackrock’s IBIT...
What does the future hold for sports empowerment through Ethereum?
9.4.2024
A critical player in the cryptocurrency industry, Ethereum is emerging as a game-changer, revolutionizing various aspects of the sector. As a blockchain-based platform with decentralization features, Ethereum provides secured and auditable transactions that foster innovative solutions for sports...
Cardano (ADA) breakout signals: Brace for 32% rally ahead
9.4.2024
The price of Cardano is really at the limit of the escape level from the downward trend, with a target of jumping by 32%. This makes Cardano very attractive for big investors, who, in the last ten days, have reached a quantity worth more than $30 million. This often results in a signal to sell...
Bitcoin’s “Digital Gold” concept doesn’t generate growth in like Octoblock
9.4.2024
By referencing the Bitcoin ETF, Bitcoin may offer stability and store of value properties like gold but lacks the growth potential that innovative projects like Octoblock present. While Bitcoin has been compared to gold, and many investors see it as a hedge against inflation and economic...
New technological innovations in the Cardano blockchain
9.4.2024
The Cardano blockchain platform is a secure, scalable platform that helps achieve those goals. It stands out by adopting a scientifically based development model incorporating the most recent research findings to build a strong foundation. Such a focus on academic rigor ensures that the platform...
Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment
9.4.2024
The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa...
BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme
9.4.2024
Ben Delo, co-founder of cryptocurrency exchange BitMEX, will face a class-action lawsuit brought forth by exchange users, a United States federal judge has ruled.
The post BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme appeared first on Cryptonews
Cardano dApps: Building a more secure and scalable future!
9.4.2024
Cardano, the blockchain known for its security focus, is rapidly emerging as a hub for innovative Decentralized Applications (dApps). These dApps promise a more secure and scalable future, empowering users and transforming industries. Let’s Dive in to explore the potential of Cardano dApps!...
Brazilian BV Bank Tests Tokenized Model for Vehicle Sales
9.4.2024
BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to manage vehicle financing and sales operations. The first phase of the tests involves automating consumer-to-consumer vehicle sales processes, including the delivery of tokenized money in exchange for...
Dogecoin (DOGE) gains dwindle compared to this licensed AI exchange cryptocurrency, already raised $4.2M
9.4.2024
In the kaleidoscope of cryptocurrency markets, where fortunes fluctuate with the whims of investor sentiment and technological advancements, Dogecoin (DOGE) has long stood as a symbol of the power of community and meme culture in driving value. However, as the crypto landscape matures,...
Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers
9.4.2024
ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be available for them after receiving a license from the Hong Kong...
Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance
9.4.2024
Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry’s problem is that it allows “carnival barkers...
Kevin O’Leary Reveals Crypto Now Makes up 11% of His Portfolio
9.4.2024
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?”...
Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
9.4.2024
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional...
Coinbase Anticipates Bitcoin Dips to Be ‘More Aggressively Bought’ Than Previous Cycles
8.4.2024
Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow...
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
8.4.2024
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to...
Cardano Founder Says Crypto and AI Have Similar Competition and Sustainability Issues
8.4.2024
Charles Hoskinson, the creator of Cardano, spoke on April 7 on the criticism levelled against his network and its native coin, ADA. He focused on the concerns of competition and viability in both AI and cryptocurrency industries, drawing comparisons between their respective struggles.
The post...