Fri, April 19, 2024

Cryptocurrencies

Bitcoin, bch

BCH Jumps 10% to $660 After Halving, Eyes on BTC

Quick Look: Bitcoin Cash (BCH) surged 10% post-halving, hitting $660. The BCH halving reduced mining rewards from 6.25 to 3.125 BCH. Bitcoin (BTC) is anticipated to have its halving on April 20, sparking bull market speculations. Mixed performances noted across major cryptocurrencies; Ether, BNB, and Solana up by 1%. BCH futures’ open interest soared from …

BCH Jumps 10% to $660 After Halving, Eyes on BTC Read More »

Pendle Crypto Market

Pendle’s DeFi Trading Soars to $10B And TVL Hits $4B

Quick Look: Pendle divides yield-bearing assets for independent trading, reaching a TVL of $4 billion. Record single-day trading volume of $400 million highlights its market influence. Points Trading feature allows loyalty point trading with up to 128x leverage. Pendle token price surged from $1 to $5.55, marking a 1,500% increase this year. Engagement with restaking …

Pendle’s DeFi Trading Soars to $10B And TVL Hits $4B Read More »

Is solana dead? SOL Price Prediction

Solana Outpaces Market with 5.75% Surge to $192

Quick Look: Solana (SOL) sees a 5.75% increase to $192, outperforming the broader crypto market’s 2.2% rise. Memecoins, including Cat in the Dog’s World (MEW), show significant volatility, soaring by 45%. Total Value Locked (TVL) in Solana’s ecosystem will grow by 70% in 2024, reaching 23.78 million SOL. Zeus Network raises $8 million in seed …

Solana Outpaces Market with 5.75% Surge to $192 Read More »

binance coin - BNB

$1M BNB Chain Initiative Boosts Meme Token Market

Quick Look: BNB Chain launches a $1M Meme Innovation Campaign to revitalise meme tokens, focusing on creativity and community impact. With the announcement, Binance Coin (BNB) experienced a significant price surge, peaking above $600. The campaign is expected to drive innovation in the meme token sector. Backed by BNB Chain’s commitment to digital asset evolution. …

$1M BNB Chain Initiative Boosts Meme Token Market Read More »

litecoin

Litecoin’s 46% Surge & 407.6% Grayscale Premium

Quick Look: Grayscale Litecoin Trust’s premium to NAV stands at a remarkable 407.6%, offering an opportunity for premium arbitrage. Litecoin (LTC) boasts a strong user base, exceeding 250,000 daily active users for two years, making it a contrarian pick. LTC has surged past $105, showing resilience after a market downturn, with a potential target price …

Litecoin’s 46% Surge & 407.6% Grayscale Premium Read More »

Ada

ADA Trading Update: Volume Surge Amid Price Declines

Quick Look: ADA’s price fluctuated significantly this year, peaking at $0.80 in March and now at $0.5852. An upcoming Cardano feature promises enhanced dApp usage and security, generating buzz. Bullish forecasts predict Cardano reaching between $7 and $11 by 2025, driven by network developments. Recent trading activity indicates sustained interest despite price declines, with a …

ADA Trading Update: Volume Surge Amid Price Declines Read More »

Crypto - Bitcoin

Crypto Crash: $500M Liquidated, 150K Traders Hit

Quick Look: The crypto market sees a significant downturn, with over $500 million liquidated across 150,000 traders. Bitcoin drops below $66,500; major cryptocurrencies like ETH, DOGE, and SHIB experience sharp declines. The market recalibrates expectations, now foreseeing less aggressive rate cuts by the Federal Reserve. Economic shifts and the monetary policy landscape pose challenges to …

Crypto Crash: $500M Liquidated, 150K Traders Hit Read More »

Bitcoin’s $5B Buy: Reshaping Crypto’s Financial Future

Quick Look: Bitcoin added 8,889 BTC to its portfolio, reaching a total of 75,000 BTC valued at 5 billion USD. Tether became the first stablecoin to hit a 100 billion USD market cap, indicating trust in stable assets. A SOC 2 Type 1 audit for Tether affirmed robust IT controls, setting high-security standards in crypto. …

Bitcoin’s $5B Buy: Reshaping Crypto’s Financial Future Read More »

Ethena

Ethena’s Market Debut: Surging 22%, $500M Cap

Quick Look: ENA token airdrop on April 2 energizes market: ENA/USD futures up by 22.29% in 24 hours, signaling strong anticipation. Binance launch pool for ENA farming adds excitement: Trading begins April 2, offering diverse pair options for investors. Stablecoin’s total market exceeds $150 billion, with USDE supply growing by 194.9%, contributing significantly to expansion. …

Ethena’s Market Debut: Surging 22%, $500M Cap Read More »

Meme Coins peng

Dogwifhat Hits $4, Becomes 3rd Largest Meme Token

Quick Look: Dogwifhat touched the $4 mark early on Friday before showing volatility. On average, meme coins, led by Solana-based Dogwifhat, surged 8%. WIF became the third-largest meme token, surpassing Pepecoin. The cryptocurrency market has once again captured the attention of investors and enthusiasts alike, particularly with the remarkable surge of Dogwifhat, a Solana-based meme …

Dogwifhat Hits $4, Becomes 3rd Largest Meme Token Read More »

Dogecoin Rise 10% - Elon's $3B Shares in Twitter

Dogecoin Soars: Surpasses Deutsche Bank with $31B Market Cap

Quick Look: Dogecoin reaches its highest level since December 2021, trading at $0.22. Market valuation eclipses Deutsche Bank, placing Dogecoin as the eighth-largest cryptocurrency. Speculation around its use on Elon Musk’s social media platform and broader market trends fuel interest. Dogecoin (DOGE) has catapulted to its highest trading level since December 2021, spotlighting the meme …

Dogecoin Soars: Surpasses Deutsche Bank with $31B Market Cap Read More »

FTX Fiasco - Lessons to Be Learned bankman

FTX Founder Gets 25-Year Sentence Amid $8B Loss

Quick Look: Sam Bankman-Fried was sentenced to 25 years for fraud, revealing cryptocurrency sector vulnerabilities. Prosecutors sought 50 years, defense argued for 6½; Judge Kaplan’s sentencing underscores severity. Bankman-Fried’s saga is a cautionary tale with broader implications for accountability and fraud consequences in the crypto industry. The financial world witnessed a landmark sentencing on November …

FTX Founder Gets 25-Year Sentence Amid $8B Loss Read More »

Cryptocurrencies - toncoin, inj

Toncoin Soars: $4.92 Price & 93% Technical Score

Quick Look: Toncoin’s technical score of 93/100 highlights its strength, with its price at $4.92 showing significant growth potential. The launch of the Toncoin Staking ETP on the SIX Exchange signals a pivotal moment, offering a regulated investment avenue. Toncoin’s future outlook is promising, with forecasts suggesting a rise to $6.52 by April 1, 2024, …

Toncoin Soars: $4.92 Price & 93% Technical Score Read More »

Coinbase Shares Surge as it Agrees to a Settlement

Coinbase-SEC Battle: The Crypto Regulation War

Quick Look: The SEC has sued Coinbase for operating as an unregistered entity; the case proceeds as most dismissal attempts fail. Judge Katherine Polk Failla oversees the case, with pivotal decisions already shaping the future of crypto regulation. Coinbase’s readiness to confront SEC views highlights a critical juncture for Wall Street’s crypto integration. The ongoing …

Coinbase-SEC Battle: The Crypto Regulation War Read More »

Cryptocurrencies, bittorrent

Worldcoin: Regulatory Storm Over Biometric Data

Quick Look: Amid concerns over minors’ data collection and consent issues, Portugal’s CNPD imposes a 90-day moratorium on Worldcoin’s biometric data gathering. Citing privacy worries, Spain announces a ban on Worldcoin operations, signalling growing regulatory scrutiny in Europe. With over 4.5 million people scanned globally, Worldcoin navigates legal hurdles amidst a surge in its token …

Worldcoin: Regulatory Storm Over Biometric Data Read More »