Illustration by TradingViewOG token has been moving mostly sideways since peaking at a record high above $73,000 on March 13. Until Tuesday when it dipped big time. Bitcoin jumps to pare back some losses. Bitcoin halving to happen in 2 weeks’ time. Broad market added $900B in value in Q1. Bitcoin BTCUSD drifted lower on Tuesday and was trying to stage a rebound early Wednesday. The leading crypto asset fell more than 7% during yesterday’s session, dropping about $5,000 to a 10-day low of $64,500 per coin. Devoted buyers, however, pushed prices above the $66,000 threshold earlier today, trying to…
Author: Web3 Daily Press Staff
In the recent downturn across the cryptocurrency market, Litecoin has emerged as a beacon of hope for investors amidst the gloom. While other major cryptocurrencies like Bitcoin, Ethereum, Cardano, XRP, and Solana have been experiencing a downward trend, Litecoin has been defying the odds with an impressive surge of over 8% in the past twenty-four hours, now valued at $105. New Developments & Updates This remarkable performance isn’t merely coincidental. Just two days ago, the Commodity Futures Trading Commission acknowledged both Ethereum (ETH) and Litecoin (LTC) as commodities amid a legal tussle involving KuCoin. For Litecoin, this recognition signifies a…
Shiba Inu (SHIB) has turned many early investors into multi-millionaires and, in some cases, even billionaires. While SHIB’s price has been on a downward trend after its October 2021 highs, the asset may hit a new peak next month. According to CoinCodex, SHIB could delete another zero in April 2024. According to the platform, the dog-themed crypto could surge to $0.0001 on Apr. 24, 2024. Source: CoinCodex Also Read: Shiba Inu (SHIB) Predicted to Hit All-Time High Soon: Here is When To have one million dollars worth of SHIB at $0.0001, you will need 10,000,000,000 (10 billion) tokens. The price…
VeChain (VET) has been experiencing a notable resurgence, characterized by significant uptrends and downtrends in its market value. As of the time of writing, VET is trading at $0.04072, accompanied by a robust 24-hour trading volume of $142.52 million and a market capitalization of approximately $3.02 billion. Despite a recent 2% drop in value, there remains substantial momentum behind its rebound. Source VeChain’s recent performance reflects the broader trends within the cryptocurrency market. Like many other digital assets, VET has been subject to fluctuations influenced by various factors including market sentiment, technological developments, and macroeconomic trends. The recent drop in…
In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation could impact USDT and other stablecoins in the EU. OKX, one of the largest global crypto exchanges, has recently delisted all USDT trading pairs to ensure compliance with the forthcoming Markets in Crypto-Assets Regulation (MiCA). This has led to significant speculation regarding how other major exchanges will react, as MiCA is set to take effect in June. MiCA introduces licensing for crypto-asset service providers (CASPs), issuers of asset-referenced tokens (ARTs), and issuers of electronic money tokens (EMTs), along with detailed regulatory obligations applicable to these…
Are you interested in exploring how to stake Polkadot for free using DappRadar? The process of staking your Polkadot can be both rewarding and straightforward when utilizing the DappRadar platform. By staking your Polkadot, you have the opportunity to earn passive income and actively participate in the cryptocurrency ecosystem.DappRadar serves as a gateway to access Polkadot 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…
NFT Airdrop Unveiled: Best Crypto Airdrop to Claim in 2024An NFT airdrop is a distribution event where free tokens or NFTs are sent to wallet addresses. It’s often used as a promotional tool or reward for loyal community members.NFT airdrops have become a popular strategy employed by blockchain projects to enhance visibility and drive engagement. By gifting unique digital assets to the wallets of users, creators and developers not only reward early supporters but also encourage a wider adoption of their tokens or NFT collections.These events can create a buzz in the community, attracting new potential investors and increasing the…
Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has declined 10.85% to $0.1840219739. InvestorsObserver is giving Dogecoin a 45 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dogecoin! The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility. DOGE’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is…
In the fast-paced world of decentralized finance (DeFi), being competitive requires innovative solutions that improve operational efficiency, offer higher-quality services, and better manage risks in the ecosystem. One of the newest solutions is the integration of artificial intelligence into decentralized finance protocols, a concept known as DeFi AI. DeFi AI improves various aspects of the FeFi system. By leveraging AI algorithms and machine learning capabilities, the new AI technology increases operational efficiency, automates processes, and provides more personalized and responsive services to users. AI-Integrated Wallets: Enhancing User Experience and Security At the core of Defi-AI’s mission lies the integration of…
In the dynamic world of cryptocurrency, Chainlink’s recent milestone surpassing $20 and IOTA’s unveiling of a new $10 million investment fund have captured investors’ attention. However, the spotlight is increasingly on BlockDAG Network, a burgeoning force that has raised an astounding $12 million in its latest presale phase. BlockDAG is redefining expectations with promises of exponential returns and making crypto mining universally accessible. The project has launched its technical whitepaper in which it underlines its roadmap to deliver 20,000x ROIs. Chainlink Achieves a New High Beyond $20 Chainlink’s (LINK) recent ascendancy beyond the $20 mark showcases its robust market presence…