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Central Banks Kept Purchasing Gold in February; China Continues Gold Run
8.4.2024
Central banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued, purchases fell 58% compared to January’s demand, according to IMF and World Gold Council numbers. China reported the largest gold accumulation, acquiring 12 tonnes...
Las Vegas Sphere Takes BlockDAG to Heights, Analysts Predict 30,000x ROI Amid Solana Price Surge and BNB Smart Chain Upgrade
8.4.2024
Following the latest cryptocurrency events, BlockDAG knows how to run the market with unprecedented presale success. It is nearing $14.7M in its seventh batch, selling over 6.6 billion coins for 0.004, expected to generate 30,000x ROI post-launch. Celebrating the release of the Technical...
Former IRS Criminal Investigations Chief Joins Chainalysis as Global Head of Capacity Building
8.4.2024
Chainalysis revealed that Jim Lee has joined the company as its global head of capacity building. In this capacity, he will focus on collaborating with international agencies to develop effective solutions against cryptocurrency-based crime.
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China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets
8.4.2024
Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments and Southern Fund are seeking approval from Hong Kong’s Securities and Futures...
Shiba Inu warns SHIB army: Beware fake Sheboshis!
8.4.2024
The Shiba Inu project team has raised an alert in their dedicated community, known as the SHIB Army, indicating the possibility of fake Shiboshis in the crypto world. Just after their launch in late February, Sheboshis (SHEB) captured the crypto space. Lately, fake Sheboshis have come into...
Ethereum sees a rise in new users as long-term holders sit tight!
8.4.2024
In recent developments, the Ethereum blockchain, also known for its native cryptocurrency, ether, is seeing a rising number of long-term holders. With new data from The Block indicating that one-year active supply is breaking down recent records, we can see that long-term investors remain...
Meme Coins Surge While NFTs Navigate a Rough Patch
8.4.2024
As the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage, delivering unprecedented gains. Against this backdrop, the NFT market contends with a downturn, setting the stage for a potential comeback fueled by innovative projects and a reinvigorated...
HashKey debuts global trading in 20 currencies
8.4.2024
The major advancement on the global scene for HashKey Group, which has ranked itself among the major players in the virtual asset trading platform sector, is that it just bought the “comprehensive digital asset investor protection system license” from Bermudan authorities. This marks...
Ripple’s CEO foresees crypto boom to $5T by 2024’s end
8.4.2024
Brad Garlinghouse, CEO of Ripple, a cryptocurrency startup company, has projected a $5 trillion market capitalization for cryptocurrencies, which might happen this year. The positive projection is supported by a number of significant events in the crypto industry, including macroeconomic reasons...
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow
8.4.2024
In the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased by 19.3%. Highlighting the Week’s Crypto...
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.
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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...