Bitcoin (BTC) is on the brink of a huge surge. This is largely due to the upcoming Bitcoin Halving, which is scheduled to occur next week, April 19. The halving is a significant event in the Bitcoin network where the reward for mining new blocks is halved. This in turn reduces the rate at which new bitcoins are generated. This event occurs approximately every four years and is a key feature of Bitcoin’s economic model, and why it’s remained the top cryptocurrency on the market in terms of price. However, Bitcoin is down today in price, trading at just over…
Author: Web3 Daily Press Staff
Robert Kiyosaki Praises Cathie Wood’s Prediction That Bitcoin Will Hit $2.3 Million And Suggests ‘Living Dangerously’ And Buying MoreBoth Robert Kiyosaki and Cathie Wood are well known in the finance and investing community, although for largely different reasons.In the 1990s, Kiyosaki authored “Rich Dad Poor Dad,” a book about personal finance and building wealth. Wood is known for her role as CEO of Ark Invest, one of the largest asset management companies in the world. Despite their differing paths to fame, they agree on one thing: Bitcoin (BTC) is going to the moon.Don’t Miss:In a post on X, Kiyosaki noted…
Investing.com – Litecoin was trading at $87.484 by 13:30 (17:30 GMT) on the Investing.com Index on Friday, up 10.26% on the day. It was the largest one-day percentage gain since Friday, April 12, 2024. The move upwards pushed Litecoin’s market cap up to $7.013B, or 0.28% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $86.478 to $99.523 in the previous twenty-four hours. Over the past seven days, Litecoin has seen a drop in value, as it lost 3%. The volume of Litecoin traded in the twenty-four hours…
When navigating the endless opportunities offered in the crypto space, investors occasionally consult the expertise of analysts to decide which projects are worth their time and funds. Following their previous successes forecasting the rise of memecoins Shiba Inu(SHIB) and Dogecoin (DOGE) in 2021, top analysts have made yet another prediction, citing Algotech as the 2024 market leader. Why Algotech Gets the Nod Algotech (ALGT) is attracting a lot of interest from investors in its third funding round. Raising over $3.7M, the token shows strong signs of becoming a game changer in the crypto market upon its launch. The high demand…
Bitcoin’s (BTC) recent foray into new all-time highs has seen various cryptocurrencies growing to reach new price levels over multiple-year timeframes. Notable among cryptocurrencies attaining new price levels are VeChain (VET) and Pepe (PEPE), with investors now looking at their feasibility of reaching the $1 mark. At the same time, $ETFS has recently attracted considerable interest, with its utility showing it could eventually reach the coveted price mark first. This article endeavors to examine the complexities of $ETFS, evaluating its usefulness, drawing comparisons with VeChain (VET) and PEPE, and investigating its potential for expansion on the road to reaching the…
Are you looking to maximize the potential of your Tether USD holdings? Stake Tether USD using DappRadar and take advantage of the benefits of decentralized finance (DeFi). DappRadar offers a seamless platform for staking your Tether USD, allowing you to earn rewards while contributing to the security and efficiency of blockchain networks.By staking your Tether USD through DappRadar, you can participate in the growing trend of earning passive income in the crypto space. Whether you’re a seasoned investor or new to the world of cryptocurrency, staking Tether USD on DappRadar provides an opportunity to grow your holdings while supporting the…
On November 1, the U.S. Securities and Exchange Commission (SEC) announced charges against the crypto company SafeMoon and its executive team for “perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon.” In recent years, cryptocurrency fraud, including crypto investment scams, has become a central focus of the SEC’s enforcement efforts. The SEC alleges that in marketing the SafeMoon token, Safemoon creator Kyle Nagy “assured investors that funds were safely locked and could not be withdrawn by anyone, including the Defendants, while held in SafeMoon’s liquidity pool, a collection of investor funds that provides liquidity…
Welcome to Decrypt’s Week in Polkadot, our new regular round-up of the latest developments in the Polkadot ecosystem. It’s been a busy week for Polkadot, as activity on the network surged, while the network’s community voted overwhelmingly in favor of sending a crypto-branded car to the Indy 500. Active addresses hit all-time high March saw Polkadot hit a new all-time high in active addresses on its network, with over 605,000 active addresses on-chain by the end of the month. Per data from DotLake, the majority of those addresses are linked to cross-chain smart contract platform Moonbeam, whose 248,286 active addresses…
While former U.S. President Donald Trump appears to have warmed to crypto and bitcoin since the billionaire entrepreneur dropped his first edition of digital trading card NFTs in late 2022, interest in that original collection has certainly cooled. Trading volume for the initial collection of 45,000 NFTs featuring glorified, cartoonish images of the 45th president has plummeted by 99% in the past 30 days, according to OpenSea data, which also shows there hasn’t been a single transaction in the past week.OpenSea data indicate that the collection has generated more than $50 million in total trading volume since dropping in December 2022.Meanwhile,…
The cryptocurrency ecosystem has been in the red zone in the last week, and now it’s slightly recovering. For this reason, it’s essential to invest in an altcoin. That’s only if the rates are affected by the market forces.This is not the case for IOTA (MIOTA) which in a statement released last week trying to salvage its image. This is as a result of a word broke on agreement among crypto’s project senior members.The disagreement between Serguei Popov and Sergey Ivancheglo (IOTA founders) has brought uncertainty to this blockchain. As of now, the two have talked to the Board of…