TON has reached a new all-time high. Key technical indicators suggest that TON’s price may continue to rise in the short term. The rise in the trading activity around Toncoin [TON], the cryptocurrency linked to the popular messaging app Telegram, has caused its market capitalization to surpass that of Cardan, CoinMarketCap’s data has shown. As of this writing, TON traded at an all-time high. The altcoin exchanged hands at $7, logging a 36% price growth in the last seven days. In the past 24 hours, TON’s price rallied by 28%, and trading volume climbed by 578% during the same period. …
Author: Web3 Daily Press Staff
Bitcoin Cash (BCH) continues its rapid ascent as crypto markets enter Q2 2024 in excellent health, while Ethereum’s (ETH) price rises steadily. Analysts eagerly seeking the next big crypto project to explode onto the scene are championing Raboo (RBT), a new crypto at just $0.0036 in its presale, aiming to revolutionize the meme coin market with its rapid-selling presale. Bitcoin Cash (BCH): Enhanced capacity driving price increases Bitcoin Cash was the product of a pivotal moment in blockchain history, the block size battle, that aimed to address scalability problems on the Bitcoin network. The result of a hard fork, Bitcoin…
CoindarBinance Coin is set to undergo a significant update with the upcoming BNB Greenfield’s Serengeti hard fork. The testnet for this hardfork is scheduled to go live on April 18th, at 7 AM UTC. Following the testnet, the mainnet is expected to be launched on April 29th at 7 AM UTC. Refer to the official tweet by BNB: Get ready for BNB Greenfield’s Serengeti hardfork bringing UI enhancements!🔸Testnet: Apr 18, 7AM UTC🔸Mainnet: Apr 29, 7AM UTCLearn more below! 👇 https://t.co/4Yh9vX5yQFApr 08, 2024BNB InfoBNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart…
The cryptocurrency market has continued to captivate investors globally, including Wall Street investors, with decentralized projects in a dominant position. Among these projects, DeeStream stands out as a pacesetter in the streaming industry, leveraging blockchain technology to scale online video content creation and consumption to new heights to the satisfaction of users. As DeeStream gets ready for its Stage 2 presale, Bitcoin and Ethereum traders are eagerly eyeing the opportunity, drawn by the potential for substantial returns and the anticipation of DeeStream’s dominance in the streaming sector. Streaming sector overview and DeeStream’s dominance Research has it that 44% of online…
peshkov/iStock via Getty Images Just when bitcoin (BTC-USD) was approaching its record high after Monday’s breakout, the cryptocurrency on Tuesday pared optimism and retreated back to below the psychological threshold of $70K. The largest digital token by market cap slid 4.2% to $68.7K at 3:28 p.m. ET, after reaching as high as $72.5K in the previous session. The slump rippled through the crypto market, with ether (ETH-USD) falling 5.3% to $3.5K, solana (SOL-USD) -3.2%, cardano (ADA-USD) -2% and dogecoin (DOGE-USD) -7.2%. Amid the market weakness, some $248M worth of leveraged derivatives stakes had been liquidated across all cryptos in the…
Metaplanet, a little-known investment firm trading on the Tokyo Stock Exchange, has announced plans to adopt Bitcoin (BTC) as its “core treasury reserve asset”—a move that nearly doubled its stock price. In a Monday tweet, the company confirmed that it had already deployed 1 billion JPY (or $6.56 million) toward the asset, representing nearly half of its total market capitalization at the time. “This strategic pivot is not just about embracing digital assets but also about pioneering a future where finance meets innovation at its core,” the company wrote. Following the announcement, Metaplanet’s stock jumped by 90% from 19 JPY…
Last updated: April 9, 2024 11:25 EDT | 3 min read Solana grapples with the challenges of failed transactions as user activity spikes, whereas Litecoin displays resilience in a bearish crypto market. On the other hand, BlockDAG (BDAG) continues to rise in the presale arena as it redefines efficiency and profitability in the DeFi sector. With an impressive $15.3 million raised in its ongoing presale, BlockDAG stands out among the top altcoins to invest in 2024. Since the launch of BlockDAG’s new technical whitepaper, analysts have predicted a 30,000x ROI potential. This swift success signals BlockDAG’s potential to eclipse competitors, making…
In the sprawling universe of cryptocurrency, where tales of fortunes made and lost overnight abound, the latest buzz comes from a Shiba Inu (SHIB) millionaire who has thrown his hat into the ring of an $888k competition hosted by Option2Trade (O2T). This competition, unlike any other in the crypto space, has garnered attention not only for its hefty prize but also for the intentions of its participants. Among them, the Shiba Inu (SHIB) millionaire stands out for his singular, flamboyant goal: to “Buy a Lamborghini Using Cryptocurrency.” The Backdrop: Shiba Inu’s (SHIB) Meteoric Rise Shiba Inu (SHIB)…
A self-acclaimed VeChain (VET) insider has made a bold claim about the token’s price. The insider suggested that VET’s tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes. VeChain Will “Reach The Finish Line” The self-claimed insider known as ‘VeChain Whale’ admitted in an X (formerly Twitter) post that VET’s price is slow but added that the token will “reach the finish line.” He made this statement while comparing VET to a “snail” in terms of price action. VeChain Whale further revealed that the team could…
Maelstrom data analysis has shown that Tether, the issuer of the popular stablecoin USDT, raked in an astonishing $6.2 billion in net profit in 2023. What’s even more remarkable is that this figure represents a staggering 78% of Goldman Sachs’ earnings and 72% of Morgan Stanley’s, two financial powerhouses renowned for their global dominance. Despite boasting a workforce of merely around 100 employees, Tether has managed to outshine giants like Goldman Sachs, which employs approximately 49,000 individuals, and Morgan Stanley, with a workforce of around 82,000. The rise of Tether’s profitability is a testament to the growing influence and significance…