The cryptocurrency market remained bullish in Q1 2024. As investors anticipate changes in the market, they are looking at BNB and Cardano (ADA) with renewed interest. Meanwhile, a rising presale token is creating buzz due to its performance. Will BNB, Cardano (ADA), and the new DeFi token fulfill investor expectations? TLDR BNB is likely to reach $700 by July 2024. Cardano (ADA) is bullish and may hit $0.8 in Q3. Algotech (ALGT) promises 87.5% gains for new investors. BNB Investors Optimistic It Will Maintain Uptrend On March 20, 2024, data from Coingecko showed that Binance had regained market leadership despite…
Author: Web3 Daily Press Staff
Bitcoin Cash (BCH) recently completed its second halving event. This milestone in the blockchain’s history saw miner rewards slashed from 6.25 BCH to 3.125 BCH per block, impacting both the ecosystem and investor sentiment. Despite a momentary dip in price just before the halving, BCH quickly regained its footing, experiencing a notable surge of over 10%, reaching a trading value of $673 – its highest level since May 2021. TLDR Bitcoin Cash (BCH) recently completed its halving event, reducing miner rewards from 6.25 BCH to 3.125 BCH per block. Following the halving, BCH experienced a notable price surge, reaching its…
Despite facing regulatory hurdles worldwide, Binance’s BNB coin remains steadfast, showcasing resilience in the face of adversity. Currently under the microscope in Nigeria, the world’s largest cryptocurrency exchange hasn’t faltered, with BNB’s price holding steady and even showing signs of growth lately. While Bitcoin stays around $66,000, BNB has surged past $600, hinting at potential retests of key upper resistance levels soon. Last week saw a resurgence in BNB’s price following some technical trials. What’s to come? Let’s do a deep dive analysis! BNB’s Q1 Growth A recent analysis by Coin98 Analytics zoomed in on BNB Chain, the backbone powered…
In a significant development, the U.S. Securities and Exchange Commission (SEC) has opened the floor for public commentary on spot Ethereum ETF applications, including submissions from major players like Grayscale, Fidelity, and Bitwise. Read on for more about this update below. Looking at Precedents This pivotal move parallels a similar call for public scrutiny on five spot Bitcoin ETF trusts, a precursor to their eventual approval. However, the prevailing optimism surrounding the potential approval of spot Ethereum ETFs in May ’24 has dwindled to a mere 25% positivity. The SEC’s decision to solicit public feedback on Ethereum ETF applications follows…
Cryptocurrency market reacts to Bitcoin’s value drop, but optimism prevails with upcoming events like the Bitcoin Halving. Analysts remain cautiously hopeful. In case you are looking to stay ahead in the crypto game, you will find this text very useful. We came up with a list of potential worldbeaters in terms of growth.ScapesMania: The Big DebutAfter a wildly successful presale that amassed $6.125 million in funding, drew in nearly 18,400 holders, and attracted over 60,000 followers, the eagerly anticipated ScapesMania’s exchange debut finally arrived.$MANIA is stepping into PancakeSwap, a popular DEX on the Binance Smart Chain network known for its…
According to data provided by BTC.com, Bitcoin Cash, the biggest Bitcoin fork, completed its halving earlier this Thursday.The controversial fork, which was launched back in August 2017, increased the block size to 32 megabytes, which was supposed to make it more efficient for payments. The Bitcoin Cash fork experienced early success, with its price peaking at $3,324 in late December 2017. However, the hype surrounding the fork quickly fizzled out due to low adoption and infighting.As of now, Bitcoin Cash is in 14th place by market capitalization, currently benign valued at $12.5 billion. Despite a significant price rally, the Bitcoin fork is still down…
Koala Coin offers financial opportunities and a sense of community and fun through its meme-driven initiatives. In the world of cryptocurrency, there’s a new player catching attention, the Koala Coin (KLC). It’s currently in its first presale stage, priced at $0.014 and there’s a lot of excitement among Avalanche (AVAX) and Solana (SOL) fans. They’re quickly getting involved with the Koala Coin (KLC) project, seeing it as a token that brings people together and offers new financial opportunities.Koala Coin (KLC): Where Finance Meets FunKoala Coin (KLC) stands out with its unique blend of community-driven initiatives and meme magic. It promises…
Shiba Inu’s (SHIB) price has faced a significant correction today. The asset is down 6.4% in the daily charts and 8% in the weekly. However, SHIB is still up by 9.2% in the 14-day charts, 27.6% in the monthly charts, and 140.5% since April 2024. Source: CoinGecko Also Read: Shiba Inu: How To Become A Millionaire With SHIB in April 2024? Moreover, despite the recent correction and strong resistance, there is a possibility that SHIB will break out in the coming days. Bitcoin (BTC) will undergo its next halving cycle, which could trigger a rally in the crypto markets. SHIB…
VeChain (VET) Poised for Growth: Sustainable Solutions and Blockchain Adoption Take Center Stage FX Leaders This news is republished from another source. You can check the original article here
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Tether and Binance Coin traders are turning their attention to the Raffle Coin presale, heralding a new venture in the crypto market with potential for significant growth. With great promise of growth, Tether and Binance Coin traders are keeping an eye on the Raffle Coin presale. A new opportunity arrives in the cryptocurrency market with an expected increase in value. For investors looking to diversify their portfolios and participate in digital raffles, RAFF may have a lot to offer.…