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Solana DEX Phoenix secures $20 Million for Ellipsis
8.4.2024
Phoenix, software developers who created the Solana-powered DEX (decentralized exchange), recently secured around $20 million in the Series A funding round for Ellipsis, one of their start-ups. Paradigm initiated the funding round in partnership with Electric Capital and many other industry...
Ethereum Technical Analysis: ETH Rides a Bullish Surge Amidst Cautionary Signals
8.4.2024
In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $3,372 and highs of $3,644. This uptrend is underpinned by a strong trade volume of $13.40 billion and a market...
AAVE price surges with discussions about new fee switch approach
8.4.2024
Aave’s founder recently shared an interest in redefining the protocol’s fee structure. Marc Zeller intends to redistribute the token fees among holders and stakers. According to Zeller, Aave’s DAO is generating enough profits to cover its operational expenses for at least 5 years. Meanwhile...
Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor
8.4.2024
On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to $1.41 trillion, the cryptocurrency showcases strong market growth. Bitcoin Analyzing the daily chart...
NEAR & INJ challenge ETH’s dominance; Bullish outlook for 2024
8.4.2024
An analyst who goes by the name The Crypto Dog has hinted that layer-1 altcoins are likely to gain more attention than Ethereum, also terming them as its rivals. Altcoins in conversation are NEAR and INJ. The heavier weight is on NEAR by the smart contract protocol Near. The analyst has said that...
Analysts suggest Solana could reach $500 by year end, why Octoblock may benefit
8.4.2024
Decentralized Finance (DeFi) enthusiasts suggest Solana’s predicted surge to $500 could be a boon for the trending Octoblock crypto (OCTO). Solana price prediction Looking at the weekly chart, Solana (SOL) appears to be trading within a bull flag pattern. This pattern emerges after a sharp...
Filecoin (FIL) and Litecoin (LTC) backers cozy up to the ICO potential of Koala Coin (KLC)
8.4.2024
Imagine a future where digital transactions inspire universal joy. That future is now closer with the Koala Coin (KLC) ICO turning heads. With its stage one presale happening at just $0.014, even Filecoin (FIL) and Litecoin (LTC) supporters are feeling the FOMO. Don’t miss this unique...
Beijing Police Uncovers Illegal Sale of Citizen Information Involving $282M Worth of Crypto
8.4.2024
The Beijing police, in collaboration with the Beijing Branch of the State Administration of Foreign Exchange, has uncovered a series of cases involving the illegal sale of citizen information using cryptocurrency.
The post Beijing Police Uncovers Illegal Sale of Citizen Information Involving $282M...
Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC
8.4.2024
According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...
Dogecoin defies expectations: A look at 2024’s most surprising stats and trends
8.4.2024
Dogecoin, introduced as a joke in 2013, is a cryptocurrency that has become very popular among digital currency users. Initially, it was made to imitate the many real cryptocurrency projects, using the Shiba Inu dog as its logo. Despite its cheeky genesis, Dogecoin has a significant...
High hopes for DeeStream with 40x surge forecasted as XRP & Ethereum Classic investors flock to stage 2
8.4.2024
The DeeStream decentralized streaming platform, akin to a blend of YouTube and Twitch but with a unique twist, has attracted significant attention from investors amidst forecasts of a 40x surge. DeeStream is different because it uses blockchain technology to make a place where people who make...
MATIC shows little impact on Polygon’s Q1 milestones
8.4.2024
Over the past few weeks, Polygon [MATIC] has seen a sharp increase in network usage. There is a surge in daily active addresses; however, Polygon’s revenue plummeted considerably in the first quarter of the year. Also, there is speculation that MATIC could soon hit price correction....
Bitcoin Cash investors double BCH profits in new gaming cryptocurrency
8.4.2024
Recently, Bitcoin Cash investors have found a promising avenue to double their profits by venturing into a new gaming cryptocurrency. This article delves into how BCH investors are leveraging their Bitcoin Cash (BCH) profits to invest in the gaming sector, with a particular focus on the potential...
Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm
8.4.2024
The latest mergers and acquisitions (M&A) and financing activities in the cryptocurrency sector through the first quarter of 2024 are up 22%, according to a new research note from Architect Partners.
The post Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm...
Dogecoin & Filecoin investors zero in on Fezoo spurred by stage 1 presale success
8.4.2024
Excitement is sweeping across the cryptocurrency industry and Fezoo is at the center of this new wave. The new decentralized exchange has been a massive hit among investors since it launched the first stage of its presale. Many crypto experts have begun diversifying their portfolios with the...
Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics
8.4.2024
Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across forums and social media platforms like X. Some anticipate that a rally among altcoins is on the horizon, even though the Altcoin...
SkyBridge’s Anthony Scaramucci Says Bitcoin Still Has Room to Run
8.4.2024
Anthony Scaramucci, the founder and managing partner of hedge fund SkyBridge, remains bullish on Bitcoin saying the cryptocurrency has room to run.
The post SkyBridge’s Anthony Scaramucci Says Bitcoin Still Has Room to Run appeared first on Cryptonews
Latam Insights: Paraguay Targets Bitcoin Miners, Brazil Mulls Crypto Taxation Changes
8.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce a bill to ban cryptocurrency mining, Brazil to change crypto taxation framework, and a poll finds that Latam believes CBDCs...
BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements
8.4.2024
The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks...
Cronje’s tease ignites Fantom memecoin frenzy
8.4.2024
Andre Cronje, a founding father and core subsistence hacker in Fantom, suddenly caused an outburst of social mass within the crypto community, projecting that memecoins could have a decent room on the Fantom blockchain. This mention is a forward-looking signal that suggests the emergence of a...