Author: Web3 Daily Press Staff

PrismaStakeMelbourne, Australia, April 01, 2024 (GLOBE NEWSWIRE) — In an unprecedented move that sets the stage for a new era in decentralized finance (DeFi), PrismaStake is thrilled to announce the closure of a $6 million seed funding round. This substantial investment marks a significant milestone in the DeFi sector, signaling strong confidence from the venture capital community in PrismaStake’s mission to innovate and redefine the cryptocurrency staking landscape.About PrismaStakePrismaStake is pioneering a transformative approach to decentralized finance. With its advanced multi-chain staking platform, PrismaStake is dedicated to democratizing access to cryptocurrency staking, offering users from various backgrounds the opportunity to…

Raffle Coin (RAFF) is the new show in town in the world of decentralized raffles and is being appreciated by the niche in Chainlink (LINK) and Stellar (XLM) communities. These ideas expand to Raffle Coin (RAFF), giving individuals the opportunity to own the future of online raffles by making security and transparency with decentralized governance the essence of their existence. With the presale in process, Raffle Coin (RAFF) offers one of the rare opportunities to get into the early-stage investment game while it is still on the ground floor. Let us dig deeper into this presale and try to analyze…

EMURGO MEA Partners with Encryptus to Boost Cardano Ecosystem through Enhanced Crypto-to-Fiat TransactionsDubai, United Arab Emirates–(Newsfile Corp. – April 1, 2024) – EMURGO MEA, the investment and commercial arm of the global blockchain platform Cardano in Africa and the Middle East, today announced a strategic partnership with Encryptus, a leading Crypto <> Fiat infrastructure provider. This collaboration marks a significant milestone in providing seamless on and off-ramp services to support the Cardano ecosystem, fostering ADA adoption across frontier markets.Figure 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10433/203810_a.jpgEMURGO MEA leverages Cardano’s innovation, security, and sustainability to drive digital transformation,…

Bitcoin Cash, the cryptocurrency born out of a contentious Bitcoin fork in 2017, is making headlines as it surges to its highest price in nearly three years. The coin has seen a 5% increase in the last 24 hours, a nearly 28% jump over the past week, and a sizable 43% rally in the last 30 days, per data from CoinGecko. Today, BCH skyrocketed from just above $600 to a daily high of about $697, before correcting to its current price of $635. Today’s high marks the highest price point for BCH since November 2021, although still significantly below its…

Near Foundation unveils Chain Signatures for multi-chain access. NuggetRush updates its play-to-earn game, while Binance Coin encounters resistance.TLDR:Near Foundation has added support for chain signatures on the Near Protocol. Binance Coin must surpass the resistance at $610 to reach a new high.NuggetRush has added more benefits to its upcoming mining game.Near Foundation has introduced chain signatures on the Near Protocol, increasing users’ multi-chain access. Meanwhile, Binance Coin is facing tough resistance at the $610 price level. In other news, NuggetRush has packed its play-to-earn mining game with exciting features and reward opportunities. Analysts are bullish on its native token, NUGX, to…

Bitcoin (BTC) price is coming out of the weekend with a horizontal consolidation on higher time frames. However, lower time frames show more action as retail markets on Monday position themselves for the pre-halving rally. Tron (TRX) foundation submitted a 62-page document to a New York federal court on March 28, aiming to refute claims made by the Security and Exchange Commission (SEC) in a subpoena earlier issued to Justin Sun, the Tron Foundation, and other affiliated entities.   Ethereum’s (ETH) prices loses some ground on Monday, paring back some of the gains seen during the weekend, as traders continue…

April 1, 2024 2:01 PM | 1 min read | Litecoin (CRYPTO: LTC) is trading lower by 10.9% to $97.91 Monday afternoon. Shares of several altcoins are trading lower amid Bitcoin falling some 3% for the session.Bitcoin is the largest and most dominant cryptocurrency in terms of market capitalization and trading volume. As a result, it often sets the tone for the entire cryptocurrency market. When Bitcoin experiences a significant price drop, it can shake investor confidence in the broader crypto market, leading to a sell-off across various cryptocurrencies, including Litecoin.ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email…

Bitcoin has started out the new week on a rather bearish note after a flash crash sent the price below $69,000 once more. There has since been some recovery in the price of the largest cryptocurrency in the space. However, the damage has already been done as tens of thousands of crypto traders were flushed out of their leveraged positions as a result. 81,000 Crypto Traders Lose $220 Million The Bitcoin flash crash hit support just above $68,800 but crypto traders are already feeling the brunt of the large move. In the last day, more than 81,000 traders have lost…

Explore the BlackRock Tokenized Fund’s entry into crypto, CHZ’s fan token dynamics, and BlockDAG’s presale buzz, which is set for a 10,000x leap.The BlackRock Tokenized Fund’s entry into crypto signals a seismic shift, blending traditional finance with blockchain’s promise. Amidst this, the Chiliz (CHZ) price shapes fan engagement in sports, highlighting the rise of RWA cryptos. Yet, BlockDAG (BDAG) captivates with its presale momentum, hinting at a 10,000x ROI. With $11.6 million raised and prices at $0.0035 poised for growth, BlockDAG stands out as a potential crypto market disruptor, stirring investor interest with its promising outlook.BlackRock Tokenized Fund: Marking a Significant…

Last updated: April 1, 2024 11:04 EDT | 3 min read Shiba Inu (SHIB) has continued its bearish trend and is currently trading around the $0.0000285 level.  The recent sell-off of 533.6 billion SHIB tokens, worth $15.99 million in DAI stablecoin, by a single entity across 11 wallets has raised concerns about market stability and the influence of large holders in the SHIB community.Furthermore, the overall downward trend in the cryptocurrency market has contributed to the pressure on Shiba Inu (SHIB) coin prices.SHIB Token’s Market Dips Following Major Sell-OffA significant sale of SHIB tokens recently impacted its market performance, leading…