Dogecoin (DOGE) has finally accomplished what it had been threatening to do for weeks – cleanly break past the $0.20 resistance level. This surge has led to speculation that the world’s largest meme coin could target the $0.30 level next if momentum is sustained. While DOGE makes waves, another token turning heads in the meme coin space is Dogecoin20 (DOGE20) – which recently passed the $10 million mark in its initial coin offering. DOGE Reclaims $0.20 as Calls for $0.30 Rally Intensify DOGE is now trading at $0.204 after a 17% price pump in the past 48 hours. This pump…
Author: Web3 Daily Press Staff
The LRT-backed stablecoin protocol has been paused as the team investigates.Prisma Finance, a DeFi protocol that issues stablecoins backed by Ethereum liquid staking and restaking tokens (LRTs), has been exploited for nearly $12 million.First flagged by blockchain security firm Cyvers, attackers managed to make off with 3,258 ETH before the protocol was paused by the team. Prisma users are advised to revoke approvals for the affected smart contracts.The stolen assets have since been redistributed to three Ethereum addresses, according to an analysis from security firm Peckshield.The protocol’s PRISMA token crashed 30% after the exploit but has since recovered some losses.…
TLDR Following Avalanche’s new partnership, experts predict that AVAX will rise to $62.44 before the end of April. Chainlink’s collaboration with OpenOcean could cause LINK to surge to $20.22 soon. With its presale offering a 525% ROI for early investors, Rebel Satoshi ($RECQ) emerges as the premier cryptocurrency for investment. AVAX and LINK, two top altcoins, have faced challenges amidst the ongoing market correction. However, top ICO investors are now acquiring Rebel Satoshi’s $RECQ, anticipating substantial gains as the year unfolds. Stay tuned as we examine expert predictions for Avalanche, Chainlink, and $RECQ to determine the top crypto coins for…
Forbes questions the viability of Cardano, Ripple, and Bitcoin Cash in its recent article. Hoskinson defends Web3 community against Forbes’ “crypto zombie” allegations. Unlike other cryptocurrencies, Cardano’s ADA is unable to follow a similar trajectory as the broader crypto market. At the time of writing, ADA was trading at $0.6473 after decreasing by 1.45% in just 24 hours. Separately, a recent Forbes article labeling several cryptocurrencies as “crypto zombies” has made news. The list included Cardano [ADA], Ripple [XRP], and Bitcoin Cash [BCH]. Hoskinson’s defensive stance In response to the article, Cardano co-founder Charles Hoskinson took to X and noted,…
Source: Chinnapong / Shutterstock Potential crypto moonshots for investors are warranting attention this year. These coins could be clear winners amid Bitcoin (BTC-USD) going on what could be a historic rally. The valuations of tech stocks in the Nasdaq may be too rich for some investors’ appetites. So, many may pile into the crypto market next month to take advantage of the upcoming halving event. This could be a temporary rotation of capital until Bitcoin too, becomes to overvalued. Yet, this also sets up some ideal conditions for these potential crypto moonshots to soar in value. As always, a good…
In an exciting financial sweep, Binance Coin (BNB) has started to gain momentum from its secure base within the $500 zone. If the digital currency manages to successfully leapfrog over the resistance barriers at $586 and $610, there could be significant bullish acceleration on the horizon. This promising uptrend emerged after the BNB price carved a fresh pathway above the $520 and $540 thresholds. As it currently stands, BNB trades above $575, maintaining its footing above the critical benchmark – the 100 simple moving average over a 4-hour timespan. ⭐ Verified AD ✔️ Support for this bullish trend strategically falls…
Image: AI-generated via Midjourney. The Ethereum network reached a milestone of one million validators Thursday, staking about 32 million Ether, worth an estimated US$114 billion. This number accounts for roughly 26% of Ethereum’s total supply. The transition of the Ethereum blockchain to a proof-of-stake system in September 2022 has been instrumental in attracting this large number of validators, who are rewarded for their contributions to the network’s security. Lido, a leading staking pool, has emerged as a preferred platform, holding about 30% of all staked ETH and allowing individuals with smaller holdings to participate in staking. However, the growing validator…
Former cryptocurrency billionaire Sam Bankman-Fried was sentenced Thursday to 25 years behind bars for his role in perpetrating one of the largest financial crimes in U.S. history.Bankman-Fried, 32, was convicted in November of seven counts of fraud, conspiracy and money laundering, along with other charges of conspiracy to commit commodities and securities fraud. Bankman-Fried had faced up to 110 years under federal sentencing guidelines, but prosecutors had called for Judge Lewis Kaplan to sentence Bankman-Fried to between 40 and 50 years in prison for what they described as a “historic fraud.” Bankman-Fried’s attorneys had argued for a sentence of no more…
Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence – Bitcoin News Bitcoin.com News This news is republished from another source. You can check the original article here
Litecoin receives a strong long-term technical score of 85 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, LTC holds a superior long-term technical analysis score than 85% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed…