Cryptocurrency news

• 6 Best Cryptocurrency Stocks Of April 2024 - Forbes

  02-04-2024 23:11 via news.google.com
  
  6 Best Cryptocurrency Stocks Of April 2024  Forbes
  
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• MakerDAO Initiates Massive $600 Million DAI Investment In USDe And sUSDe

  02-04-2024 23:00 via newsbtc.com
  
  Decentralized Finance (DeFi) protocol MakerDAO is considering allocating 600 million DAI stablecoins to the USDe and staked USDe (sUSDe) protocols through the DeFi lending platform Morpho Labs. The proposed allocation aims to improve risk management and maximize user incentives in the DeFi landscape.
  MakerDAO Sets Maximum 600 Million DAI Allocation
  The Spark DAI Vault, launched in 2023 as a lending platform, experienced strong demand soon after its launch, according to MakerDAO’s announcem
  
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• Is Ethereum In Danger? Analyst Warns Of Bearish Future If ETH Drops Below This Level

  02-04-2024 22:00 via newsbtc.com
  
  Ethereum (ETH) showed a notable performance throughout March. The second largest cryptocurrency hit $4,000 twice and seemed ready for lift-off to a new all-time high (ATH) while the whole crypto market soared.
  Quarter one (Q1) 2024 closed with important achievements for the crypto community. However, as Q2 started, Bitcoin began a correction that dragged Ethereum and the rest of the crypto market.Are Ethereum Bulls In Problems?
  The king of altcoins has registered red numbers for the past two day
  
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• Bitcoin prices fall more than 7% as cryptocurrency market expected to remain volatile - UPI News

  02-04-2024 21:18 via news.google.com
  Bitcoin prices fall more than 7% as cryptocurrency market expected to remain volatile  UPI News
  
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• Dogecoin Hits Major Roadblock As Whales Go On Massive Selling Spree

  02-04-2024 21:00 via newsbtc.com
  
  The Dogecoin (DOGE) price looks at risk of further declines as on-chain data show that the meme coin’s largest holders are securing profits. This follows DOGE’s recent price surge, which saw the crypto token rise to a new three-year high of $0.22. 
  Dogecoin Witnesses Wave Of Profit-Taking
  Data from the market intelligence platform Santiment shows a drop in the number of Dogecoin holders holding between 10 million and 100 million DOGE tokens. This suggests that some holders have
  
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• Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally

  02-04-2024 20:45
  
  Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.
  
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• Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ

  02-04-2024 20:35
  
  Goldman Sachs, nowadays one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see the value of the asset itself.
  
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• Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg

  02-04-2024 20:13
  
  The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar.
  
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• Are Bitcoin Developers Losing Faith in Lightning?

  02-04-2024 20:02
  
  High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution.
  
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• Ethereum And Altcoins Crash: Why Is This Analyst Super Bullish?

  02-04-2024 19:30 via newsbtc.com
  
  Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge. 
  In a post on X, the analyst says that often, after a period of accumulation and a retest of previous highs, altcoins tend to be volatile. The crypto analyst also notes that Bitcoin has pulled back from its all-time highs and is preparing for a possible retest of
  
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• Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins

  02-04-2024 19:23
  
  The nation unveiled a mandatory registration process for cryptocurrency platforms.
  
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• Cryptocurrency: Top 3 Memecoins To Watch This Week - Watcher Guru

  02-04-2024 18:30 via news.google.com
  
  Cryptocurrency: Top 3 Memecoins To Watch This Week  Watcher Guru
  
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• Owner of Thailand's Largest Cryptocurrency Exchange Set to Go Public in 2025 – Bitcoin News - Bitcoin.com News

  02-04-2024 18:10 via news.google.com
  
  Owner of Thailand's Largest Cryptocurrency Exchange Set to Go Public in 2025 – Bitcoin News  Bitcoin.com News
  
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• Crypto Exchange Figure Markets Has a Plan to Democratize Finance

  02-04-2024 18:00
  
  What appears to be another post-FTX trading and custody play with institutions in mind, is really all about visionary disruption.
  
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• Buying Opportunity: Crypto Institutional Investors Pump $862 Million Into The Market

  02-04-2024 18:00 via newsbtc.com
  
  Crypto investment products are up again in terms of inflows, giving the crypto industry a much-needed breather. Recent market dynamics have seen Bitcoin leading the surge of inflows into crypto investment products, signaling a possible resumption of bullish sentiment.
  James Butterfill, head of research at Coinshares, reported this inflow in a social media post. The statistics indicate that crypto investment products received inflows of $862 million over the timeframe spanning from March 23 to Ma
  
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• Ethereum Could Face 'Hidden Risks' From Ballooning Restaking Market: Coinbase

  02-04-2024 17:41
  
  Restaking has grown into the second-largest DeFi sector on the Ethereum blockchain and is likely to become a core part of the network’s infrastructure, the report said.
  
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• Cryptocurrency Price Prediction: Bitcoin $110,000, Ethereum - GlobeNewswire

  02-04-2024 17:03 via news.google.com
  Cryptocurrency Price Prediction: Bitcoin $110,000, Ethereum  GlobeNewswire
  
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• Bitcoin Traders Spread “Buy The Dip” As BTC Plunges Below $66,000

  02-04-2024 17:00 via newsbtc.com
  
  Data shows “buy the dip” calls for Bitcoin have spiked around social media following the plummet the asset has seen below the $66,000 level.
  Bitcoin Social Volume For Terms Related To Buy The Dip Has Shot Up
  According to data from the analytics firm Santiment, Bitcoin investors have more heavily reacted with bullish calls than bearish ones despite the sharp decline the asset has observed.
  The indicator of relevance here is the “Social Volume,” which tells us about the amo
  
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• Bitcoin Traders Spread “Buy The Dip” As Bitcoin Plunges Below $66,000

  02-04-2024 17:00 via newsbtc.com
  
  Data shows “buy the dip” calls for Bitcoin have spiked around social media following the plummet the asset has seen below the $66,000 level.
  Bitcoin Social Volume For Terms Related To Buy The Dip Has Shot Up
  According to data from the analytics firm Santiment, Bitcoin investors have more heavily reacted with bullish calls than bearish ones despite the sharp decline the asset has observed.
  The indicator of relevance here is the “Social Volume,” which tells us about the amo
  
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• Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence

  02-04-2024 16:44
  
  FTX founder and former CEO Sam Bankman-Fried has said "of course" he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last week.
  
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• Telegram's Pivot to TON Payments for Ads Boosts Toncoin

  02-04-2024 16:24
  
  The messaging app's switch to TON creates a circular economy for the closely-linked crypto.
  
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• Bitcoin Final Dance: Analyst Eyes Final Peak Ahead Of Halving

  02-04-2024 16:00 via newsbtc.com
  
  Once again, there is hope for Bitcoin (BTC) as Michael Van De Poppe, a cryptocurrency expert, has spotlighted the potential for the crypto asset’s price to reach a new all-time high before the highly anticipated Halving event commences.
  One Final All-Time High For Bitcoin Before Halving
  The price of Bitcoin is presently exhibiting new bearish activity, which might trigger negative sentiments in the market over the next few days. Despite the notable decline, Michael Van De Poppe is optimist
  
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• How the Bitcoin Halving Could Affect Network Security

  02-04-2024 15:49
  
  After the block reward drops to 3.125 bitcoins, miners could power down their less efficient machines.
  
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• Best 3 Cryptos To Conquer The Bull Market: Cardano, Monero & Scorpion Casino

  02-04-2024 15:34 via newsbtc.com
  
  In the midst of a booming bull market, investors are eagerly seeking the next big opportunity to capitalize on the surging cryptocurrency landscape. Among the many options, three standout cryptocurrencies have emerged as top contenders: Cardano, Monero, and the innovative newcomer, Scorpion Casino.
  Let’s delve into the strengths of each and how they position themselves to thrive in the bullish market, with a special spotlight on Scorpion Casino’s unique approach to crypto presales.Sc
  
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• Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?

  02-04-2024 15:00 via newsbtc.com
  
  On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings. The magnitude of the purchase has caused the crypto community to speculate on why Bitcoin’s price has dipped instead when such a development is usually bullish for the crypto token. 
  Tether Acquires 8,888 BTC
  Data from the blockchain analysis platform Arkham Intelligence shows that Tether acquired 8,888 Bitcoin on March 31, and the stablecoin issuer now holds almo
  
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• DeFi Protocol Cega's New Options Product Marries Gold, Ether to Offer Up to 83% Yield

  02-04-2024 14:11
  
  The new offering called "Gold Rush" offers a trifecta of decent return, market exposure and protection from losses.
  
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• Bitcoin Lightning Exchange FixedFloat Sees 'Suspicious' Transfers of $3M to Ethereum, Tron

  02-04-2024 14:11
  
  The website was down for “technical work” as of early European afternoon hours Tuesday.
  
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• First Mover Americas: Bitcoin Drops to $65K to Start the Month

  02-04-2024 14:03
  
  The latest price moves in bitcoin (BTC) and crypto markets in context for April 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
  
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• Solana Price Could Explode By 80% If This Happens: Crypto Analyst

  02-04-2024 14:00 via newsbtc.com
  
  In line with the broader trend in the overall crypto market, the Solana (SOL) price has fallen by 7.5% in the last 24 hours. However, according to renowned analyst Rekt Capital, there is no reason to switch to the bearish side.
  In a recent technical analysis, the crypto analyst highlighted that Solana is currently showing potential for an 80% price rally based on its present consolidation pattern. According to Rekt Capital, Solana is trading within what appears to be a bull flag formation, as de
  
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• Crypto Funds Saw Inflows of $862M Last Week Following $1B of Outflows the Week Before: CoinShares

  02-04-2024 13:38
  
  The recovery from the week before coincided with a recovery in BTC's price which sat at just under $70,000 on March 29, up nearly 10% on a week earlier.
  
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• Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital

  02-04-2024 13:37
  
  U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said.
  
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• Cardano Rides The ETF Wave: Inflows Surge To Over $1 Million – Details

  02-04-2024 12:37 via newsbtc.com
  
  Cardano (ADA) has recently emerged as a focal point of investor attention, experiencing both a surge in inflows and mounting concerns over its performance. According to the latest data from CoinShares, Cardano-centric investment products witnessed a staggering $1.1 million influx over the past week, marking a notable reversal from the $3.7 million outflows recorded just a week prior.Cardano Sees Massive Inflows
  This sudden influx catapults Cardano to the forefront of investor interest in similar
  
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• Cardano Rides The ETF Wave: Inflows Surge To $1.1 Million – Details

  02-04-2024 12:37 via newsbtc.com
  
  Cardano (ADA) has recently emerged as a focal point of investor attention, experiencing both a surge in inflows and mounting concerns over its performance. According to the latest data from CoinShares, Cardano-centric investment products witnessed a staggering $1.1 million influx over the past week, marking a notable reversal from the $3.7 million outflows recorded just a week prior.Cardano Sees Massive Inflows
  This sudden influx catapults Cardano to the forefront of investor interest in similar
  
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• Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents

  02-04-2024 11:26
  
  Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply.
  
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• TRON Foundation, Justin Sun Ask U.S. Court to Dismiss SEC Lawsuit

  02-04-2024 11:16
  
  The TRON Foundation and Justin Sun asked a New York court to dismiss an SEC lawsuit, arguing that the regulator failed to establish that the court has jurisdiction over the foreign defendants.
  
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• Bitcoin Price Tumbles Below $66,000: 4 Major Reasons

  02-04-2024 10:50 via newsbtc.com
  The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation event, a rising US Dollar Index (DXY), profit-taking by investors, and spot Bitcoin ETF outflows.
  #1 Long Liquidations
  The main force leading to today’s downturn in Bitcoin’s price was a significant deleveraging event characterized by an unusually high level of long liquidations. Before the
  
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• Crypto Market Setup Looks Positive for Second Quarter: Coinbase

  02-04-2024 10:36
  
  The bitcoin halving, expected in mid-April, remains the main supply-side event, the report said.
  
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• Crypto Exchange Deribit's Dubai-Based Unit Wins Conditional VASP License

  02-04-2024 10:35
  
  Obtaining the full VARA spot and derivatives license is an important next step in our efforts to raise the overall quality & governance standards of our platform, exchange's new CEO Luuk Strikers told CoinDesk.
  
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• Investor Alert: Ethereum Q2 Potential Promises Double-Digit Gains – Analyst

  02-04-2024 09:49 via newsbtc.com
  
  Ethereum investors are navigating the second quarter of 2024, cautiously embracing optimism, leveraging insights from historical trends and market data to anticipate potential gains.Santiment’s recent analysis reveals that the number of Ethereum addresses holding coins has reached highs of more than 118,000, with midterm MVRV suggesting a mild bullish signal. These indicators, combined with past data indicating Ethereum’s tendency for robust performance during Q2, fuel hopes for anot
  
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• Crypto Bulls See $400M Liquidations as Solana, Dogecoin Lead Slide in Majors

  02-04-2024 09:27
  
  The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4.5%.
  
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• Cryptocurrency Statistics and Trends 2024 – Forbes Advisor UK - Forbes

  02-04-2024 09:00 via news.google.com
  
  Cryptocurrency Statistics and Trends 2024 – Forbes Advisor UK  Forbes
  
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• Singapore Enacts Licencing Requirements for Crypto Custody Services and Others

  02-04-2024 08:27
  
  Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday.
  
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• Cryptocurrency Price on April 2: Bitcoin falls 6% to $66,400 after release of US March manufacturing data - The Economic Times

  02-04-2024 08:24 via news.google.com
  Cryptocurrency Price on April 2: Bitcoin falls 6% to $66,400 after release of US March manufacturing data  The Economic Times
  
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• Degen Surges As A Key Player in Cryptocurrency Amidst Base Memecoin Boom - NullTX

  02-04-2024 08:07 via news.google.com
  
  Degen Surges As A Key Player in Cryptocurrency Amidst Base Memecoin Boom  NullTX
  
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• Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether - NewsBytes

  02-04-2024 07:53 via news.google.com
  
  Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether  NewsBytes
  
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• Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High

  02-04-2024 07:36
  
  The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.
  
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• XRP And XLM Blast: Analyst’s 20X Rally Projection To ‘Melt Faces’

  02-04-2024 07:23 via newsbtc.com
  
  In the ever-evolving world of cryptocurrency investments, technical analysis continues to play a significant role in shaping investor sentiment and market trends. Amidst the volatile landscape, one analyst, known as Charting Guy, has garnered attention for his bold predictions regarding the future of two prominent digital assets: XRP and Stellar (XLM).
  Will XRP Rally “Melt” Faces?
  Charting Guy’s recent tweet has made waves, declaring that investors in XRP and XLM will soon witn
  
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• Sam Bankman-Fried Now Feels Remorse for His Actions After Getting a 25-Year Prison Sentence

  02-04-2024 07:22
  
  FTX founder and former CEO Sam Bankman-Fried has said "of course" he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last week.
  
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• DOGE Price Prediction – Dogecoin Could Restart Rally If It Holds This Support

  02-04-2024 06:48 via newsbtc.com
  
  Dogecoin is correcting gains from the $0.230 zone against the US Dollar. DOGE must stay above the $0.1750 support zone to start a fresh increase.DOGE struggled to stay above $0.225 and corrected gains against the US dollar.
  The price is trading above the $0.1750 level and the 100 simple moving average (4 hours).
  There was a break below a key bullish trend line with support at $0.2040 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
  The price could restart its increase unless t
  
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• Ethereum Price Drops To Support, Another Chance To Load ETH?

  02-04-2024 06:14 via newsbtc.com
  
  Ethereum price faced rejection and dropped from the $3,650 zone. ETH retested the $3,320 support and might start another increase.Ethereum started another decline and traded below the $3,500 support zone.
  The price is trading below $3,500 and the 100-hourly Simple Moving Average.
  There is a key bearish trend line forming with resistance near $3,420 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair could gain bullish momentum if it settles above the $3,450 resistance zone.Ethereum P
  
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