Author: Web3 Daily Press Staff

Despite the prevailing bearish sentiment across the cryptocurrency market, Litecoin (LTC) has emerged as a standout performer, surging by 8.9% in the past 24 hours.This impressive rally has propelled LTC ahead of its altcoin counterparts, fueled by a notable increase in transaction volume observed over the past month.⚡️📈 #Litecoin (+8.9%) is well ahead of the #altcoin pack in the past 24 hours, powered by significantly higher transaction volume than usual throughout the past month. More importantly, the average of $LTC investments is getting younger, indicating whales are moving more coins… pic.twitter.com/YUBTqi3mXu— Santiment (@santimentfeed) April 2, 2024A key factor driving LTC’s…

Read More

The cryptocurrency market is renowned for its tumultuous nature, characterized by dramatic fluctuations and unforeseeable trends. Amidst this turbulent environment, Shiba Inu (SHIB) has emerged as a prominent contender, defying initial perceptions as a mere meme coin. Instead, SHIB has displayed remarkable resilience and garnered widespread attention from investors across the globe. Recent forecasts hint at a potential surge in SHIB’s value, adding an extra layer of intrigue to its future trajectory. Current Performance and Growth Potential At present, Shiba Inu is trading at $0.0000271, reflecting a modest downturn in its daily and weekly performance. However, taking a step back…

Read More

As April begins, the world of cryptocurrencies opens its gates to a new wave of opportunities for investors seeking to ride the tide of innovation and profit. Among the thousands of options, three stand out as beacons of potential: BNB, VeChain, and the captivating newcomer, Scorpion Casino. Join us as we embark on a journey to explore these top contenders and unveil their promise for the month ahead. Scorpion Casino: Rising As The Top Crypto Presale In the realm of crypto investments, Scorpion Casino emerges as a compelling option, offering a unique blend of gaming excitement and investment potential. With…

Read More

Crackling with intrigue and speculation, a revealing piece of on-chain data has made waves within the bustling crypto community. Tether, the world’s largest stablecoin issuer, has been caught red-handed bolstering its Bitcoin holdings. This exhaustive act appears to have created unexpected ripples predicating a dip in Bitcoin’s trading value, challenging the conventional market logic of bullish advancement under novel acquisitions. In an operation of substantial scale on March 31, Tether procured a grand total of 8,888 Bitcoin, analysis by esteemed blockchain platform Arkham Intelligence verifies. This move swelled Tether’s Bitcoin reserves to just shy of a gargantuan 75,400 BTC, confirming…

Read More

The Polkadot (DOT) price recently failed in its attempt at recovery, with the altcoin experiencing a correction of over 12% in the last two days. This decline has brought DOT close to a potentially bearish event that could further impact its price. Polkadot Seeks a Bullish Turnaround Currently trading under $9, Polkadot is striving for a comeback, though the odds for recovery appear slim. The token’s value remains significantly lower than its October 2023 levels. Despite a recent rally, DOT has not returned to the highs seen in the previous year, which may deter new investors from entering the market,…

Read More

On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT project called ‘NuddiesNFT,’ ZachXBT found a disturbing narrative of lies and deception. However, the popular on-chain sleuth uncovered a different story. Within hours of the purported hack, 94 SOL tokens worth around $12,000 were traced to an exchange deposit…

Read More

Popular cryptocurrency analyst Trader Mayne has expressed a bullish outlook for Dogecoin , suggesting that the meme coin could see significant price increases shortly.What Happened: Trader Mayne, on Wednesday, discussed Dogecoin’s potential trajectory, highlighting its current pivotal position in the market. He indicated that if the crypto manages to sustain its current support levels, it could pave the way for a significant upward move.He remarked, “If we hold and can reclaim that old high the party continues.”Another prominent trader, Trader Tardigrade, drew parallels between Dogecoin’s current cycle and its historical performance, hinting at the possibility of history repeating itself. Reflecting…

Read More

SafeMarsÄngelholm, Sweden, April 03, 2024 (GLOBE NEWSWIRE) –In a bold move towards further decentralization and expansion, SafeMars, the pioneering decentralized finance (DeFi) project, has extended its reach beyond Binance Smart Chain (BSC) to Solana, igniting fresh excitement within the crypto community. With a record-breaking ATH of $1 billion achieved on BSC in 2021, SafeMars has stealthily launched on Solana on March 30, 2024, under the guidance of its original developers who are now determined to replicate their prior success on this new chain.SafeMars emerged on the DeFi scene in 2021, swiftly capturing the attention of investors and enthusiasts alike with…

Read More

Chainlink (LINK) price might encounter obstacles as key indicators point towards potential corrections on the horizon. After a period of relative stability, LINK’s daily active addresses have started to decline, indicating a possible reduction in interest. Additionally, LINK’s Average Directional Index reaching 30 signals a strong and potentially sustained trend for the week ahead. Concerns are further amplified by the formation of a death cross in the EMA lines on April 1, suggesting an impending downtrend that could lead to further corrections in the LINK price. Chainlink Network Activity Declines Examining Chainlink’s daily active addresses provides essential insights into the…

Read More