LINK gained traction after the project disclosed the update with ETH cross-chain transfers. The price of the token might drop below $14 in the short term. The number of new Chainlink [LINK] addresses has been increasing since the 11th of April, AMBCrypto discovered. According to Glassnode, new addresses on the network were 778 on the 10th of April. But as of this writing, that number had increased to 1123. A rise in new entrants into a network is a sign of improved adoption, which could increase demand for the token involved. Source: Glassnode More bridges, more expansion Since hitting a…
Author: Web3 Daily Press Staff
Last updated: April 14, 2024 13:40 EDT | 1 min read Algotech (ALGT) is a new market entrant causing waves in the cryptocurrency market. Meanwhile, Solana (SOL) and Cardano (ADA) investors are looking for the best cryptocurrency to invest in.Algotech (ALGT) Potential Profits Cause Unprecedented Cash InflowsWait-and-see crypto investors have identified Algotech’s (ALGT) ICO as the next big asset in the market. Algotech (ALGT), a decentralized trading platform, provides access to thousands of crypto pairs and integrates artificial intelligence to provide automated trading strategies that enable high profitability.Furthermore, Algotech (ALGT) presents a robust technical infrastructure that enables accurate market analysis,…
In the latest bloodbath, Bitcoin Cash BCH appeared highly bearish weekly and now trades comfortably under the $500 level. It is amongst the biggest losers of the day with a 25% drop in the last 24 hours. The last 48 hours have been a tumultuous period in the crypto space following a significant decrease in the global market cap. In the middle of that, BCH has seen a back-to-back reduction with no signs of stopping yet. This came after marking a local peak at $730 last week. It currently testing March’s flipped resistance as support with a stronger surge towards…
Guest Author Raboo (RABT) many stage release campaign kicking off Read U.TODAY on Google News In the midst of a crypto market frenzy, BNB surges towards record highs, drawing attention from investors and enthusiasts alike. Raboo’s presale potential, with an entry level token price of $0.0036 also tracked by enthusiasts.Supporters of Raboo (RABT) can take part in pre-sale and buy tokens here.BNB enthusiasts explore Its features BNB, the native token of the Binance ecosystem, boasts several standout features that have contributed to its success. Firstly, its utility within the Binance platform offers discounted trading fees and access to various functionalities, driving its demand and…
Aligned Layer, a startup touted as a “universal verification layer for Ethereum,” confirmed Sunday, April 14, that it raised $2.6 million in seed funding. Lemniscap, a seven-year-old firm that has backed multiple companies in the crypto blockchain space, led the effort. The firm previously led the $2.4-million funding round for web3 startup Safary in January. Bankless Ventures and Paper Ventures are also backing Aligned Layer, along with StarkWare, O(1)Labs and Ingonyama CEO Omer Shlomovits. Aligned Layer announced the capital raise via social media. See below. 1. We’re excited to announce that we’ve raised $2.6M in our Seed Round, led by…
Bitcoin (BTC) and Solana (SOL) were two of the leading assets impacted by last week’s crypto market downturn. Meanwhile, Pepe (PEPE) experienced a steeper price drop. This price crash reverberated throughout the entire cryptocurrency market, with the global crypto market cap losing over $280 billion over the last seven days in a massive 10% drop to $2.32 trillion at the time of writing. Here is an overview of how some of the most impacted cryptocurrencies performed over the week: BTC, SOL and PEPE prices – April 14 | Source: Santiment BTC slips to 1-month low Interestingly, Bitcoin began the week…
After Iran’s April 13 drone attack on Israel, the crypto market reacted; Bitcoin (BTC) dropped more than 8% from its value to trade at $61,514. The latest correction marked the continuation of a trend that started on April 12 and worsened the next day. Analysts estimate the crypto market liquidated more than $860 million in assets over two days; the price of Bitcoin initially fell from $71,000 to $65,000 and then dropped even more to the $61,000 level. Bitcoin price chart April 10-13 | Source: CoinGecko Market watchers have suggested the first drop was due to news from the U.S.…
Use Bonus Code: Launch20 to get an additional 20% $SCORP As the market recovers, Toncoin (TON) and Litecoin (LTC) show potential, yet their gradual upturn has investors exploring new options. In this landscape, experts pinpoint Scorpion Casino (SCORP) as a top choice for the bullish market. This GameFi project, captivating the presale market with its impressive growth prospects and return potential, has quickly become a favoured investment. With Scorpion Casino’s presale concluding on April 14th and its launch on exchanges imminent, the urgency to invest is palpable, making Scorpion Casino one of the best cryptos to buy. Scorpion Casino (SCORP):…
Shiba Inu has seen a massive surge in its burn rate metrics, solidifying its deflationary status. According to data from Shibburn, the Shiba Inu burn rate has increased by 25,035.22% within the last 24 hours.Shiba Inu Extends Incinerated TokensAmidst the recent crypto bloodbath and price correction that the broader industry is facing, Shiba Inu appears to be defying the odds in this key deflationary metric. The Ethereum-based memecoin has gained investors’ attention, an optimistic move that is reflected in its burn rate. The meteoric rise of over 25,000% suggests investors may find a key catalyst to hang on to. Markedly, a total…
Are you interested in exploring how to stake VeChain for free using DappRadar? The process of staking your VeChain can be both rewarding and straightforward when utilizing the DappRadar platform. By staking your VeChain, you have the opportunity to earn passive income and actively participate in the cryptocurrency ecosystem.DappRadar serves as a gateway to access VeChain and other cryptocurrencies, providing a user-friendly interface for staking activities. With the guidance of DappRadar, you can navigate the intricacies of staking with confidence and ease. The platform offers a seamless experience for users looking to engage in staking and earn rewards in return.Staking…