Cardano’s ADA token performed impressively in the first quarter of 2024. According to sources, the coin surged from $0.59 at the start of the year to $0.80 in March. The last time the coin reached this level was in May 2022, two years ago, and it has caught attention. But, since the start of Q2, things seem to be going bad as bears display strong momentum. After many battles between the bulls and bears, ADA’s price is now below $0.59, representing a 6.7% price decrease in the past 24 hours. Also, ADA is down by over 13% in the last…
Author: Web3 Daily Press Staff
The crypto world stands on the brink of a major shift with BlockDAG’s (BDAG) entry, predicted to dominate the crypto market not just in April 2024 but throughout the year. As BlockDAG’s presale continues to soar, Bitcoin demonstrates its enduring value, and the price movements of MANA showcase the unpredictable yet optimistic future of virtual reality platforms. With its innovative Directed Acyclic Graph (DAG) technology, BlockDAG is poised to revolutionize the cryptocurrency sector, offering unparalleled returns that could surpass the records set by Bitcoin and MANA. Through its technical whitepaper launch, the network has manifested its ambitions. This comparison underscores…
Tether USDT and Binance Coin BNB holders are ditching their usual investments and swarming the Fezoo FEZ presale like bees to a honey pot. Why the buzz? Fezoo’s FEZ trading platform is generating serious hype and investors are smelling a chance for massive growth. With the presale heating up, the crypto world is buzzing with anticipation of outsized returns. The presale might just be the golden egg these investors have been searching for! Tether USDT Investors Seek Stable Growth Tether USDT is a widely used stablecoin designed to offer stability in the often-volatile cryptocurrency market. Unlike Bitcoin BTC or Ethereum…
Last updated: April 2, 2024 23:12 EDT | 2 min read Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native decentralized finance (DeFi) Ethereum token OGN.The OGN protocol is backed by Reddit co-founder and VC investor Alexis Ohanian, Taiwanese-born American YouTube co-founder Steve Chen, and Y Combinator president Garry Tan.In an announcement, Origin Protocol said the move to integrate the tokens will improve Ethereum liquid staking. This allows anyone to share in the rewards of staking without having to maintain complex staking infrastructure.“The proposal aims to unify Origin Protocol…
The current cryptocurrency market is thriving. With bullish signals across the board, the sector has been rejuvenated and is awaiting a new influx of users. With Bitcoin Halving scheduled to take place soon, users are now anticipating an altcoin and meme coin surge that can elevate their prices to new highs. The event of Bitcoin halving is crucial, as it may end up catapulting the prices of leading altcoins to new highs. The increased user interest in the sector may help these coins find a new identity and status, bringing them back to life. Here’s the list of three altcoins…
The cryptocurrency market has witnessed a significant surge after a prolonged bear market and the intensified crypto winter caused by the collapse of crypto exchanges and firms during 2022 and part of 2023. Notably, Bitcoin and other major cryptocurrencies have experienced substantial price surges, accompanied by renewed interest from institutional investors entering the market through recently approved spot Bitcoin exchange-traded funds (ETFs). Adding to the industry’s positive outlook, asset manager and Bitcoin ETF issuer, Grayscale, believes that the current state of the market indicates that the industry is in the “middle” stages of a crypto bull run. Grayscale recently released…
Last updated: April 2, 2024 17:21 EDT | 3 min read Cryptocurrencies like ENA, LTC, BGB compete for best crypto to buy today Image by cryptonews.com On a day where blue-chip crypto markets are trading with a bearish bias, investors are scouring altcoin markets for strong performers that could be the best crypto to buy today.Bitcoin (BTC) and Ether (ETH) are both down around 5% in 24 hours, as markets swoon amid macro headwinds.Strong US manufacturing data on Monday has been interpreted by the market as likely to delay Fed rate cuts.The US dollar and US bond yields have since…
At present, Shiba Inu (SHIB) is trading at $0.00002675, experiencing a slight decrease of 6.5% over the past 24 hours. However, this marginal shift stands in stark contrast to SHIB’s remarkable surge in recent months. With a trading volume soaring by 22% to $915 million and a market capitalization hitting $16 billion, Shiba Inu now occupies the 12th spot in the CoinMarketCap ranking. This significant climb underscores the rising prominence of meme coins and the fervent support from their dedicated communities. Source Astounding Returns for Early Investors The truly remarkable aspect of Shiba Inu’s journey lies in the exceptional profits…
The race is on to see which crypto token will ascend to the top this year. As bullish forces lend the market a much-needed lift, many tokens are resultingly rallying. But knowing which ones will make it out as top gainers by the end of the year is imperative for investors looking to walk away with winning strategies. Two tokens are expected to outpace others as clear winners. Experts suggest that VET and NFTFN will be trending assets in 2024. Let’s examine why they have that potential and which token will grow beyond the other. VET Crypto investors may already…
Lugano was a success once again, and Tether (USDt) revealed they just became the seventh largest BTC holder. The use of stablecoins is also gaining popularity through Tether casinos and these updates.Tether is making sure if it fails, we all fail. On March 31, Tether, the titan behind the USDT stablecoin, made a splash that rippled through the crypto market, acquiring a further 8,888 Bitcoins, showing confidence in current pricing and deep pockets at the firm. This investment, valued at $618 million, cranked Tether’s Bitcoin holdings up to 75,354, locking in at a coveted average buy-in rate of $30,305. 🚨BREAKING:…