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BNB WILL CROSS $ 1000 ? https://x.com/binance_kz/status/1795094308476928178
Babylon Bitcoin Staking Testnet-4 goes live tomorrow! We are excited to announce the launch of Babylon Bitcoin Staking Testnet-4 on Tuesday, May 28, 2024. Dashboard: http://btcstaking.testnet.babylonchain.io Galxe: https://app.galxe.com/quest/Babylon/GCyyntz73L… Here's everything there is to know about the launch https://babylonchain.io/blog/babylon-bitcoin-staking-testnet-4-launch https://x.com/babylon_chain/status/1795007631980937241
#Gateio New Listing: $MON @Pixelmon Trading Starts: 10:00 AM on May 27th (UTC), 2024 Trade Here: http://gate.io/trade/MON_USDT #NewListing #GateioStartup #Launchpad https://x.com/Gateio_Startup/status/1794986956822134823
For those of you who are new to #dmail, here is a short overview of @Dmailofficial and how it promises to utilize #web3 and #AI to empower uses through tokenized engagement. #Mail2Earn https://x.com/Dmail_Community/status/1794991702698246332
#Tilted is humbled to join the @BNBChain Airdrop Alliance! As a young and ambitious project, we are gearing up for our TGE in mid-August. Stay tuned for more rewards distribution news in August, and be sure to follow our X account for the latest updates on 6 MIL $TILT Airdrop! >> https://tiltedapp.com/tilted-joins-the-bnbchain-airdrop-alliance-get-ready-for-6mil-tilt-airdrop/… Our Rewards are: Level 1 Equal share of 300,000 Tilted tokens for qualified BNBChain users. Level 2 Equal share of 300,000 Tilted tokens for qualified BNBChain users. Check your eligibility by wallet address here: https://dappbay.bnbchain.org/campaign/bnb-chain-airdrop-alliance-program… We will airdrop the token reward 2 weeks after TGE to your wallet address. Level 3 Commencing on June 14th! 5,400,000 Tokens to be Dropped! More campaign details will be released on 27th May.Don’t miss out on this exciting opportunity to be part of our journey! Stay tuned for more updates!
Fellow Grindery community today we are thrilled to announce the long-awaited claiming feature and important new updates for our ongoing reward program. Remember 28% {280M $GX Tokens} worth over $ 18M are reserved for community distribution! Find out more 🧵 https://x.com/grindery_io/status/1794063956610318586
Dear users, #AveSniperBot has been updated to the latest version v3.11.0! Trade Now👉 https://t.me/AveSniperBot?start=ref_OTg0ODkzNDAw 🎯Version v3.11.0 updates - #Solana trading adds thunder mode, which improves the transaction speed without anti-MEV 🚀🚀🚀 - Supports thunder mode and anti-MEV mode to set gas priority fee by yourself - Commission-based viewing of transaction volume statistics have been changed to statistics for the current month https://x.com/aveaiofficial/status/1794515641984331875
Join our upcoming X Space with @MichaelSlogget1 , @EmpireCryptoAU & @usithetalk to find out how to WIN BIG in #KCGI2024! 🎁 1,000 USDT Giveaway (20 winners) 🔹Follow @bitgetglobal 🔹RT & tag your pals 🔹Join the space: https://twitter.com/i/spaces/1vAxRvrzkQXxl 🔹Fill out: https://forms.gle/yMfThBxKq5CF9SVb8 https://x.com/bitgetglobal/status/1794271586704642371
Koii's 30 Days of Airdrops: Day 24 - $KOII! 🪂 Thrilling news! Koii will be airdropping $KOII tokens to users running the free Koii node! Qualified users will be able to claim their tokens in just 48 hours! Did you know?! Projects building on Koii can launch protocols and dApps quickly, at scale, with lower costs and instant token utility. Be sure to take part before it's too late! This airdrop opportunity will end in 24 hours. To become eligible, run version 0.6.9 of the Koii node. Refer friends to the network to receive bonus points! 🎏 http://koii.foundation/node?utm_camaign=genzio&utm_medium=social
ALIENX HAL TESTNET DROP NOW ██████████ 100% https://hal.alienxchain.io/quest - Mint your HAL Pioneer Badge - A 3-weeks journey to earn $ALIEN - Grab the free $AIX Airdrop! Read more🧵 https://medium.com/@ALIENXchain/alienx-hal-testnet-launch-earn-alien-and-hal-badge-drop-9af68b33dbee https://x.com/ALIENXchain/status/1793886706510499909
Partnership Giveaway 🎉 To celebrate our new partnership with @RubyLabs_xyz , we're hosting a $ 250 USDT Giveaway! 🎁 To enter: 🔹 Follow @nexaastore & @RubyLabs_xyz 🔹 Join Nexaa Telegram: https://t.me/nexaachat 🔹 Retweet this tweet 🔹 Tag 3 friends 5 lucky winners will each receive $ 50 USDT. #Nexaa #RubyProtocol #Giveaway #Cryptogiveaway #Airdrop #Partnership https://x.com/nexaastore/status/1793635558952259702
Join the $HLG Airdrop frenzy and stand a chance to win from the 75M $HLG prize pool. Complete social tasks for your chance to win big. 💫 Join Event: https://i.bybit.com/1sIabVHK #TheCryptoArk #BybitListing Quote Bybit @Bybit_Official https://x.com/Bybit_Official/status/1793794038077784122
Welcome on board @CamelotLayer3 🔥 Camelot Protocol is a Layer3 blockchain that harnesses idle GPU power for AI model training on mobile and wearable devices within the Bitcoin ecosystem. We hope with this partnership we could enrich the web3 ecosystem🚀 Stay tuned for our collaboration ahead 🤝 https://x.com/aveaiofficial/status/1793493380527444369
Happy Bitcoin Pizza Day! To celebrate, we’re dishing out a delicious $ 100 in #BTC to three lucky winners. Here's how to enter: ♥️ Like the post 🍕 Snap the four pizzas 👇 Reply with the screenshot below ⌛️ Hurry, game ends tonight at 23:59 UTC. https://x.com/Nexo/status/1793183896651157934
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FOREX Dollar firm as Fed officials urge patience on rate cuts up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central bank to wait several more months to ensure that inflation really is back on a path to the 2% target before commencing interest rate cuts. Against other currencies, the greenback was mostly flat ahead of the U.S. Memorial Day holiday next week. "Amid a paucity of economic data catalysts this week, trading ranges have narrowed across currency markets. The dollar remains on a solid footing however, bolstered by a drumbeat of high for long messages from Fed officials," said Karl Schamotta, chief market strategist, at Corpay in Toronto. Fed Governor Christopher Waller told the Peterson Institute for International Economics in Washington, on Tuesday, he would need to see several more months of good inflation data before he would be comfortable supporting an easing in the stance of monetary policy. Waller, however, did put a pin in any speculation that interest rates may need to rise again for demand to soften enough .... https://www.reuters.com/markets/currencies/dollar-steady-ether-fuels-crypto-rally-2024-05-21/
Cryptocurrencies gain as investors turn optimistic on ether ETFs LONDON, May 21 (Reuters) - Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world's second-biggest cryptocurrency, while bitcoin also approached a record high. Ether , which underpins the ethereum blockchain network, was 8% higher on the day at $ 3,775, its highest in two months, after jumping 13.8% on Monday.
Join #HOTFI in ushering in a new era with the launch of our #Rune forging feature, coinciding with #BTC's halving!🪙 🗼To show our appreciation to the #Rune lovers, #HOTFI will keep transaction service fees at zero! ⛅️Start forging your newest #Runes now: https://app.hotfi.io/etch 🚀 #HOTFI #BTC #Runes #NoFees $HOTX #BRC20 https://x.com/HOTFI_/status/1782741318785290355
B² Network Mainnet is LIVE for Users Now! 🎉 🟧 Bridge your BTC from Bitcoin to B² Mainnet, and transfer assets between the EVM address and BTC address on B² Mainnet via Account Abstraction by @ParticleNtwrk : https://bsquared.network/bridge/ 🟧 Bridge you assets from EVM-Compatible Chains to B² Mainnet: https://meson.fi/b2 🟧 Explorer: https://explorer.bsquared.network https://bsquared.network/bridge/
NEAR Token's 10% Gain Tops CoinDesk 20 Last Week: CoinDesk Indices Market Update All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally. CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI). All but two members of the CoinDesk 20 closed Thursday at levels higher than last Friday, including Bitcoin (BTC), which advanced 7.6%, and Ether (ETH), which added 1.6%.
Tether mints another $ 1B — Last time, it helped Bitcoin climb to $ 73K Bitcoin has flipped its old resistance into support as USDT’s market cap continues to grow rapidly in 2024. Tether’s USDT USDT tickers down $ 1.00 , the world’s largest stablecoin, has minted another $ 1 billion, bringing its market capitalization above $ 110 billion, which could catalyze Bitcoin’s BTC tickers down $ 67,253 next move to new all-time highs. Will more USDT boost Bitcoin’s price? Tether’s treasury has minted $ 1 billion worth of USDT during the past 24 hours, bringing its yearly total to $ 31 billion. The newly minted USDT was a big reason why Bitcoin price climbed from $ 27,000 to $ 73,000, according to a May 17 post from Lookonchain: Bitcoin chart with newly-minted USDT. Source: Lookonchain Tether could also directly contribute to Bitcoin’s rally. The company said it would invest 15% of its net profit in Bitcoin to diversify the stablecoin’s backing assets. https://cointelegraph.com/news/tether-1b-usdt-mint-bitcoin-price-73k
We're practically ancient in #crypto! 👀 New Year, New Giveaway! We've never dropped our merch before, so why not now? 👕 Join to win exclusive merch: 1️⃣ Follow @BitgetWallet 2️⃣ RT + Comment #BitgetWallet6Years 3️⃣ Growth and change is important every birthday, give us insightful feedback about Bitget Wallet and stand a chance to win: https://bit.ly/3V5xcsT 📅 May 18th, 16:00 - May 21st, 18:00 (UTC+8) 🎸 Can't wait to see you guys in our fits!
Today is the official launch of Nesa Testnet. Due to high demand, we are inviting whitelisted registrants in phases over the next two weeks. 1) Each day, check your email for an invitation. 2) When you receive your invite, register your account on http://beta.nesa.ai using the same email address. 3) Then claim your testnet tokens from the faucet and start using Nesa for AI inference! For any questions or if you need help, reach out to us here or at support@nesa.ai.
To view keyboard shortcuts, press question mark View keyboard shortcuts Post See new posts Conversation SynonAI @SynonAI Hello Synoniers 👾 ✨We're excited to unveil the SynonGPT Edit Feature, empowering you to refine and personalize your AI assistant experience. ◾ How to use: 1. Click to "Edit" button under SynonGPT response 2. Refine the response and click "Send" 3. Connect Metamask and click "Sign" We record your feedback to SynonAI LLM on the Synon Network. ◾ How it works: 1. Ask SynonGPT Anything: Just like before, based on the user's prompt, SynonGPT utilizes its vast knowledge and understanding of language to generate a response. 2. Refine the Response (Optional): The magic happens here! This feature allows you to tailor the response to your exact needs. You can: ▪ Correct factual errors for ultimate accuracy. ▪ Adjust the tone or style to match your preference (formal, informal, creative). ▪ Add specific details to make the response even more relevant https://synonai.net/chat
We're thrilled to announce that the @wardenprotocol Kickstarter has concluded and $WARP will be listed on #MEXC! 🔹Deposit: Opened 🔹WARP/USDT Trading: 2024-05-16 09:30 (UTC)
Are you excited about the upcoming Ladybug’s Journey Part 2? Here are some pro-tips for those who are preparing for the Race 🏎️ 1️⃣ Level up your RRS account - Event Race unlocks at Level 7 - Premium Race unlocks at Level 8 - Time Attack unlocks at Level 9 - Tournament unlocks at Level 10 2️⃣ Obtain your Platinum and Golden Tickets through various giveaways https://x.com/delabsOfficial/status/1790236950039015484
Tari is the Proof-of-Work L1 protocol powered by you - while it isn't live yet, we want to tell you what it's all about.... https://x.com/tari/status/1788297881474011545
Are you excited about the upcoming Ladybug’s Journey Part 2? Here are some pro-tips for those who are preparing for the Race 🏎️ 1️⃣ Level up your RRS account - Event Race unlocks at Level 7 - Premium Race unlocks at Level 8 - Time Attack unlocks at Level 9 - Tournament unlocks at Level 10 2️⃣ Obtain your Platinum and Golden Tickets through various giveaways https://x.com/delabsOfficial/status/1790236950039015484
APhones ▶️ @AethirCloud Community We’re excited to announce that we’ll be airdropping all #Aethir Node Operators and the greater Aethir community our decentralized cloud smartphone ☁️ 📱 If you’re a node holder, or an Aethirian, and want to get your hands on an APhone, make sure you: 1⃣ Like and RT this post 2⃣ Follow @aphonelabs 3⃣ Comment #AethirAPhone https://x.com/aphonelabs/status/1790019269998129349
Exciting news! The Bitlayer Lucky Helmet is now officially listed on OKX's NFT marketplace @okxweb3 ! Feel free to trade on OKX NFT marketplace with 0% fee! Check it out now! https://okx.com/web3/marketplace/nft/collection/bitlayer/bitlayer-lucky-helmet #Bitlayer #LuckyHelmet #BeADiverEarnFromBitlayer https://x.com/BitlayerLabs/status/1788768019709399320
Claim now live! Get 20% at claiming. Ensure tokens are locked; eligibility shows May 13th. Rest vests at 3, 6, 12 months. Choose term. Claim on Base Network: https://claim.masa.ai. CA:BASE - 0x944824290CC12F31ae18Ef51216A223Ba4063092. trade on Uniswap. https://claim.masa.ai
Crypto Price Today: Bitcoin has been trading within a narrow range recently Crypto Price Today: Bitcoin, the leading cryptocurrency, plunged to its lowest level in over two months as it faced a drop of 4.23% in the past 24 hours. With its current price standing at $ 57,311, the digital asset experienced a significant decline, testing the support level at $ 56,578. This decline comes amidst a broader economic backdrop shaped by the Federal Reserve’s decision to maintain interest rates, sending ripples across financial markets globally.
Cryptocurrency market sees decline as Bitcoin and Ethereum slip Bitcoin failed to continue the relief rally after it crossed $ 67,000 briefly last week. Bitcoin’s current price momentum could be linked to low demand from Spot ETFs and negative sentiment among investors expecting a potential post-halving crash," said Shivam Thakral, CEO of BuyUcoin. $ 59,600 is an important level bulls need to defend to prevent further downsides. A strong break and close above $ 65,000 could clear the path for a rise to $ 68,000 and then to $ 71,000," said Thakral.
The Key to Reviving Bitcoin Bull Run is the U.S. Treasury’s Refunding Announcement Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $ 750 billion, one observer said. U.S. Treasury’s refinancing announcement, detailing the three-month borrowing needs and the balance to be held in the Treasury General Account, is due on May 1. The gross issuance of bonds is likely to decline for the first in two years, offering relief to markets. Risk assets will likely rally if the TGA target is maintained at or lowered from the current $ 750 billion.
Voucher systems take center stage in crypto-cash conversions The shutdown of LocalBitcoins left a gap in the market for reliable crypto on-ramps and off-ramps, highlighting the need for secure and accessible platforms for converting digital currencies. Wanda Exchange emerges as a licensed crypto exchange, aiming to offer cash-crypto transactions with its innovative voucher system and merchant-friendly approach. Cryptocurrency on-ramps and off-ramps serve as essential gateways in the digital finance world, facilitating the conversion between crypto and fiat currencies. These platforms enable users to either “ramp on” by purchasing digital currencies with traditional money or “ramp off” by converting their digital assets back into fiat, such as euros or dollars. The conversion functionality is pivotal for integrating crypto into everyday financial activities, allowing users to easily access, spend and invest in digital assets. However, the shutdown of LocalBitcoins, a Finland-based crypto platform, has highlighted a significant gap in the market. LocalBitcoins gone: What’s next? LocalBitcoins was renowned for its role in providing users worldwide with a solution for direct, secure crypto on-ramps and off-ramps. Its closure has underscored the growing demand for new and reliable platforms that offer seamless on-ramp and off-ramp services, ensuring the crypto ecosystem remains vibrant and accessible to all. Wanda Exchange, a licensed cryptocurrency exchange, emerges as a noteworthy contender to fill the gap left by LocalBitcoins, aiming to redefine the approach to cash-to-crypto and crypto-to-cash transactions with a focus on simplicity, security and user convenience. Advertisement Trade smart with Markets Pro instant alerts. Claim your 65% discount now! Ad Wanda Exchange looks to position itself as Europe’s premier platform for efficient on-ramp and off-ramp solutions by introducing an innovative system designed to offer customers flexibility and accessibility in managing their crypto transactions. Effortless crypto to cash conversions Wanda Exchange simplifies the process for users looking to purchase crypto through its collaboration with a network of trusted partners. Wanda’s partners facilitate the acquisition of vouchers with cash, which can then be redeemed on the
First Mover Americas: Bitcoin Drops Below $ 64K, Ether Falls The latest price moves in crypto markets in context for April 25, 2024. Bitcoin, the world's largest cryptocurrency by market value, has dropped 4% over the last 24 hours to less than $ 64,000. Ether also saw a significant downside, losing 6%, and the CoinDesk 20 Index, a measure of the broader crypto market, lost 6% as well.18 hours ago
Crypto prices gain to start the week following first Bitcoin halving since 2020 PUBLISHED MON, APR 22 2024 8:49 AM EDT UPDATED MON, APR 22 2024 4:02 PM EDT Tanaya Macheel @TANAYAMACHEEL WATCH LIVE An article image Nicolas Economou | Nurphoto | Getty Images Bitcoin rose slightly to start the week after the network on Friday completed its fourth halving, which reduces the incentives paid to bitcoin miners. The price of the cryptocurrency was last higher by 2.86% at $ 66,560.39, according to Coin Metrics. Ether rose 1.24% to $ 3,187.67 . Shares of public cryptocurrency miners climbed, after rallying into the close Friday before the halving, which took place later that day. The biggest miners, Marathon Digital jumped 6% while Riot Platforms surged 23%. CleanSpark and Iris Energy increased by about 11% each. The Bitcoin halving slashes the incentives rewarded to miners in half and takes place about once every four years, as mandated in the Bitcoin code. It's meant to slow the issuance of bitcoins, creating a scarcity effect and allowing the cryptocurrency to maintain its digital, gold-like quality. Many investors have been expecting little price action in bitcoin around the halving itself, as historically it has taken several months to see its impact reflected in the price of bitcoin. JPMorgan, however, said it sees some near-term, downside risk in bitcoin. infographic Large, publicly listed bitcoin mining operations are largely positioned to absorb the event. They have been preparing for months by making big purchase orders for new and more efficient mining equipment, increasing their electricity capacity and growing their hash rates. Hash rates measure the computational efficiency of crypto miners. Smaller, less efficient operations are at risk of being forced offline, allowing remaining miners to take more market share and opening up M&A opportunities. Don't miss these stories from CNBC PRO: JPMorgan likes these mining stocks to play the upcoming Bitcoin halving Bitcoin miners’
Crypto prices gain to start the week following first Bitcoin halving since 2020 PUBLISHED MON, APR 22 2024 8:49 AM EDT UPDATED MON, APR 22 2024 4:02 PM EDT Tanaya Macheel @TANAYAMACHEEL WATCH LIVE An article image Nicolas Economou | Nurphoto | Getty Images Bitcoin rose slightly to start the week after the network on Friday completed its fourth halving, which reduces the incentives paid to bitcoin miners. The price of the cryptocurrency was last higher by 2.86% at $ 66,560.39, according to Coin Metrics. Ether rose 1.24% to $ 3,187.67 . Shares of public cryptocurrency miners climbed, after rallying into the close Friday before the halving, which took place later that day. The biggest miners, Marathon Digital jumped 6% while Riot Platforms surged 23%. CleanSpark and Iris Energy increased by about 11% each. The Bitcoin halving slashes the incentives rewarded to miners in half and takes place about once every four years, as mandated in the Bitcoin code. It's meant to slow the issuance of bitcoins, creating a scarcity effect and allowing the cryptocurrency to maintain its digital, gold-like quality. Many investors have been expecting little price action in bitcoin around the halving itself, as historically it has taken several months to see its impact reflected in the price of bitcoin. JPMorgan, however, said it sees some near-term, downside risk in bitcoin. infographic Large, publicly listed bitcoin mining operations are largely positioned to absorb the event. They have been preparing for months by making big purchase orders for new and more efficient mining equipment, increasing their electricity capacity and growing their hash rates. Hash rates measure the computational efficiency of crypto miners. Smaller, less efficient operations are at risk of being forced offline, allowing remaining miners to take more market share and opening up M&A opportunities. Don't miss these stories from CNBC PRO: JPMorgan likes these mining stocks to play the upcoming Bitcoin halving Bitcoin miners’ main revenue stream is about to be slashed. Here’s what investors need to know Buy this bitcoin miner that will distinguish itself from rivals after the halving, Rosenblatt says Steve Cohen says he owns a ‘little bit’ of bitcoin because of his son RELATED 1 Bitcoin miners upgrade power centers and get into AI to brace for slashed revenue post halving 2 Crypto prices gain to start the week following first Bitcoin halving since 2020 3 The Bitcoin network completes the fourth-ever ‘halving’ of rewards to miners 4 Next gen bitcoin tokens are here. Inside Silicon Valley dev house helping build new memecoin market 5 Bitcoin just completed its fourth-ever 'halving,' here’s what investors need to watch now View the full site
NYSE Asks Market Participants About 24/7 Trading for Stocks Round-the-clock trading became popular with the rise of cryptocurrencies and an increase in retail investor activity during the Covid-19 pandemic. The New York Stock Exchange is seeking opinions from market participants about shifting the U.S. stock market to a 24/7 operating schedule. Round-the-clock trading became popular during the Covid-19 pandemic, when the trading of cryptocurrencies picked up and retail investor interest blew up. A Steve Cohen-backed trading platform, 24 Exchange, is currently awaiting a decision from the SEC on whether it can launch the first 24/7 exchange.
Bitcoin just completed its fourth-ever 'halving,' here’s what investors need to watch now The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The celebrated event, which takes place about once every four years as mandated in the Bitcoin code, is designed to slow the issuance of bitcoins, thereby creating a scarcity effect and allowing the cryptocurrency to maintain its digital gold-like quality. There may be some speculative trading on the event itself. JPMorgan said it expects to see some downside in bitcoin post-halving and Deutsche Bank said it "does not expect prices to increase significantly." However, the impact may be bigger months from now, even if bitcoin continues its trend of diminishing returns from its halving day to its cycle top. Two key things to watch will be the block reward and the hash rate.
Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs Grayscale said it will contribute 10% of Grayscale Bitcoin Trust (GBTC) assets to the Bitcoin Mini Trust. Grayscale’s new ETF product, the Bitcoin Mini Trust, has set fees at 0.15%. Grayscale said it will contribute 10% of Grayscale Bitcoin Trust (GBTC) assets to the Bitcoin Mini Trust (BTC). Grayscale, which currently offers the highest-cost spot bitcoin ETF, revealed that a planned spinoff version of the fund will have a 0.15% fee, which would be the lowest of them all, according to pro forma financials in its latest filing. The existing Grayscale Bitcoin Trust (GBTC) has a 1.5% fee. When Grayscale's Bitcoin Mini Trust (BTC) is introduced, the filing says the company will contribute 10% of the assets in GBTC to the BTC Trust. Shares of the BTC trust are to be issued and distributed automatically to holders of GBTC shares. (The pro forma financial statements are projections of future expenses and revenues, based on a company's past experience and future plans.)
How Polkadot 2.0 refines blockchain scalability and interoperability Blockchain networks must solve interoperability and scalability issues to reach their potential. With its dynamic core model and the introduction of elastic scaling, Polkadot 2.0 aims to solve major blockchain challenges like scalability and interoperability. Predictions suggest that blockchain will reach 100 million daily users by 2028 as finance giants rapidly adapt to decentralized technologies. Blockchain is expected to penetrate 4.3% of the payment industry by 2025, as per a Cointelegraph Research report, suggesting a 95% growth potential. However, blockchain networks must solve fundamental problems to benefit from their untapped potential. Scalability and interoperability are highlighted as the primary shortcomings in individual blockchain use, and industry experts emphasize the need for blockchains to be interconnected rather than functioning as isolated entities. Polkadot 2.0 to solve blockchain’s inherent problems Polkadot, an open-source multichain protocol, enhances cross-chain transfers of data and assets through a network of specialized blockchains. Polkadot’s structure aims to solve key blockchain issues like interoperability, scalability and security by allowing different blockchains to transfer data and assets.
The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees The launch of Casey Rodarmor's new Runes protocol sent fees surging as users rushed to etch new digital tokens that can be launched atop the Bitcoin blockchain. The Bitcoin halving took place early Saturday, upending the economics of running the pioneering blockchain. Fees soared in the aftermath as a new Bitcoin-based system called Runes launched. Bitcoin completed the fourth halving in its 15-year history, a milestone venerated and anticipated in the blockchain community just like the World Cup and Olympics are in sports.
DePIN' Is Venture Capitalists' Latest Crypto Obsession. Can It Match the Hype? DePIN involves taking real-world infrastructure like a wireless network and running it with a blockchain-powered system. VCs are salivating, but there aren't many customers yet. Venture capitalists have pumped billions into the DePIN sector already, with some dedicating entire funds to DePIN protocols. Although DePIN projects currently have a combined market capitalization of tens of billions of dollars, the industry faces one of the oldest challenges in crypto: relatively few customers. Analysts point out that DePIN projects that have serious potential are ones where demand for the underlying service is clearly identifiable, meaning that the customers already exist.
In the last 24 hours, both BTC and ETH experienced a decline of over 4%. The reasons behind this fall could be attributed to geopolitical tensions, as well as the upcoming BTC halving, historically known for inducing high volatility. Negative ETF data also contributed to market sentiment," said CoinDCX Research Team. Following the decline in blue-chip crypto tokens, the global cryptocurrency market cap also fell 3.5% to around $ 2.24 trillion in the last 24 hours.
Bitcoin halving is likely this week — here's what you need to know PUBLISHED TUE, APR 16 2024 7:31 PM EDT UPDATED 5 HOURS AGO Arjun Kharpal @ARJUNKHARPAL WATCH LIVE KEY POINTS The bitcoin halving is imminent. This technical event, written in bitcoin's code, happens every four years. In simple terms, it is when the rewards for bitcoin miners are cut in half. The aim is to reduce the pace at which new bitcoin enter the market. Since there will ever only be 21 million bitcoin, the halving serves to create more bitcoin scarcity. In the past, halving has preceded massive rises in bitcoin prices to new all-time highs. But this time, things are different.
Bitcoin struggles to maintain $ 64,000 amid rising Middle East tensions: CNBC Crypto World CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Crypto World explores how bitcoin miners are preparing for the next halving, the technical event that cuts mining rewards in half every four years.
After staying range bound for a large part of the week, Bitcoin BTC tickers down $ 66,295 plummeted on April 12 and April 13. The fall resulted in cryptocurrency liquidations worth about $ 2.5 billion, with more long than short liquidations. The fall has dealt a severe blow to the short-term leveraged long positions that expected the rally to continue leading up to and after the Bitcoin halving. Bitcoin’s fall has severely affected the altcoins, with some in the top 20 cryptocurrencies by market capitalization falling roughly 20%. That sent Bitcoin’s market cap dominance to 56.3% on April 12, the highest level in three years. Crypto market data daily view. Source: Coin360 Although Bitcoin’s fall has rattled the short-term traders, a positive sign is that the price has not even broken below the crucial $ 60,000 support. This suggests that the fall is a normal pullback in a bull phase. Traders need to remain cautious, but there doesn’t seem to be a reason for panic. What are the important support levels on Bitcoin that need to hold for the relief rally to begin. Let’s study the top 5 cryptocurrencies that look strong on the charts and may lead the recovery higher. Bitcoin price analysis Bitcoin has been volatile but range bound between $ 60,775 and $ 73,777 for many days. This suggests indecision about the next directional move. BTC/USDT daily chart. Source: TradingView The BTC/USDT pair slipped below the 50-day simple moving average ($ 66,743) on April 13 and plunged below the $ 60,775 support. However, the long tail on the candlestick shows the bulls are defending the $ 60,775 level. Any recovery attempt is likely to face selling at the 20-day exponential moving average ($ 67,807). If the price turns down from this resistance, the bears will again attempt to sink the pair below $ 60,775. Alternatively, a break above the 20-day EMA will clear the path for a rally to $ 73,777. BTC/USDT 4-hour chart. Source: TradingView The downsloping 20-EMA and the relative strength index (RSI) in the negative zone indicate that bears are in command. The relief rally is likely to face selling at the 20-EMA. If the price turns down from the 20-EMA, the bears will have another go at the $ 60,775 support. If this level cracks, the pair may start a down move to the 61.8% Fibonacci retracement level of $ 54,298. On the other hand, a rise above the 20-EMA will be the first sign that the pair may oscillate between $ 60,775 and $ 73,777 for some more time. The bulls will have to shove the price above $ 73,777 to indicate the start of the next leg of the uptrend to $ 80,000 and then $ 84,000. Binance Coin price analysis Binance Coin’s BNB tickers down $ 576 price action of the past few days has formed a large range, indicating indecision between the bulls and the bears. BNB/USDT daily chart. Source: TradingView Advertisement Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex Ad The price dropped near the support of the range at $ 495 on April 13, but the long tail on the candlestick shows aggressive buying at lower levels. The bulls will try to sustain the momentum and push the BNB/USDT pair to the overhead resistance of $ 635. Sellers are likely to defend this level with vigor. The crucial support to watch on the downside is $ 495 and then $ 460. Buyers are expected to fiercely defend this support zone because a break below it may start a downtrend toward $ 400. BNB/USDT 4-hour chart. Source: TradingView The 4-hour chart shows that the bears pulled the price below the uptrend line of the developing ascending triangle pattern. That invalidated the bullish setup, which is a negative sign. The price fell to $ 508 but quickly bounced back, indicating solid buying at lower levels. The recovery is likely to face selling at the uptrend line. If the price turns down sharply from the uptrend line, it will suggest that bears have flipped the level into resistance. That could result in a fall to $ 495. Contrarily, a rise above the uptrend line will open the doors for a possible rise to $ 600 and then $ 635. Toncoin price analysis Toncoin (TON) has been rising inside an ascending channel pattern, indicating that bulls continue to buy on dips. TON/USDT daily chart. Source: TradingView The bears tugged the price below the channel on April 12 and 13, but the long tail on the candlesticks shows strong buying near the support line. The failure to sustain the lower levels may have attracted buyers, who are trying to propel the price to the resistance line near $ 7.50. Both moving averages are sloping up, and the RSI is in the positive zone, suggesting that buyers hold the edge. This optimistic view will be negated if the TON/USDT pair turns down sharply and closes below the support line. That could start a descent to the 50-day SMA ($ 4.28). TON/USDT 4-hour chart. Source: TradingView The recovery on the 4-hour chart may face selling at the 20-EMA and again at the downtrend line. If the price turns down from the overhead resistance and breaks below $ 5.71, the pair may tumble to $ 5. On the contrary, if the bulls drive the price above the downtrend line, it will suggest that the correction may be over. The pair could then attempt a rally to the stiff overhead resistance at $ 7.67. Related: Solana open interest sheds nearly $ 440M as price slumps 11% VeChain price analysis VeChain VET $ 0.05 has been consolidating inside a large range between $ 0.036 and $ 0.051 for several days, indicating a balance between supply and demand. VET/USDT daily chart. Source: TradingView Usually, traders buy the dip to the support of the range and sell near the overhead resistance. The long tail on the April 13 candlestick shows that the bulls are trying to protect the $ 0.036 support. If the price continues higher and breaks above the moving averages, it will signal that the range-bound action may extend for a few more days. Instead, if the VET/USDT pair turns down sharply and breaks below $ 0.035, it will indicate that the bears are trying to seize control. That could start a downtrend toward the major support at $ 0.025. VET/USDT 4-hour chart. Source: TradingView The 20-EMA is falling, and the RSI is in the negative territory, indicating an advantage to sellers. If the price turns down from the current level or the 20-EMA, the bears will make another attempt to sink the pair below the $ 0.036 support. If they succeed, the pair may start a new downtrend. On the other hand, if the price rises above the 20-EMA, it will signal strong buying at lower levels. The pair may then remain range-bound between $ 0.036 and $ 0.051 for a while longer. Bitget Token price analysis Bitget Token (BGB) has pulled back in a strong uptrend, indicating profit booking by short-term traders. BGB/USDT daily chart. Source: TradingView The bears yanked the price below the 20-day EMA ($ 1.17) on April 13, but they are struggling to sink the BGB/USDT pair to the 50-day SMA ($ 1.02). This suggests that bulls continue to buy the dips. If buyers drive the price back above the 20-day EMA, it may trap the aggressive bears. The pair could then attempt a rally to the stiff overhead resistance of $ 1.38. If the price turns down from this level, the pair may consolidate between the 20-day EMA and $ 1.38 for a few days. BGB/USDT 4-hour chart. Source: TradingView The 4-hour chart shows that the pair has dipped below the $ 1.20 to $ 1.38 range, signaling the start of a downward move. The downsloping 20-EMA and the RSI in the negative territory suggest that bears have the upper hand. If the price turns down from $ 1.20 and breaks below $ 1.11, the next stop is likely to be $ 1. This negative view will be invalidated in the near term if the price turns up and breaks above the 20-EMA. That could clear the path for a rally to $ 1.28 and then $ 1.35. Exchange or buy VET Disclaimer: The information contained on this widget is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this widget constitutes a solicitation, recommendation, endorsement, or offer by Cointelegraph or any third party service provider to buy or sell any cryptoassets or other financial instruments. 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Every investment and trading move involves risk, and readers should conduct their own research when making a decision. #Bitcoin #Cryptocurrencies #Altcoin #Bitcoin Price #Telegram #Markets #TON #Binance #Price Analysis #VeChain #Binance Coin READ MORE Only 6 altcoins in the top 50 have outperformed Bitcoin this year Only 6 altcoins in the top 50 have outperformed Bitcoin this year Ad Fragmentation hinders adoption: Here’s how crypto can reach mainstream Nigeria’s Binance crackdown threatens Web3 industry Nigeria’s Binance crackdown threatens Web3 industry Ad Ana Paula Pereira ANA PAULA PEREIRA 13 HOURS AGO VC Roundup: Capital flows and alternative funding models fuel crypto startups This edition of Cointelegraph’s VC Roundup highlights Monad, Auradine, Sapien, HYCHAIN, Web3Firewall and Alpen Labs. 4077 6 5:38 VC Roundup: Capital flows and alternative funding models fuel crypto startupsNEWS Own this piece of crypto history Collect this article as NFT Join us on social networks Venture capitalists are back in crypto, bringing with them liquidity for alternative funding methods for startups, such as grants and node sales. Base-native lending platform Seamless, for instance, has announced a co-sponsored initiative with layer-3 Degen Chain and semi-fungible token protocol Pandora that will distribute nearly $ 600,000 in grants to creators and developers building on Base. While Degen focuses on developers interested in building within Farcaster and Degen Chain, Pandora seeks creators interested in ERC-404 technology for their collections and memecoins. “Members of the various communities will be evaluating applications, so it’s important that there’s a clear vision of how the grants will help uplift the relevant ecosystems. Useful and innovative ideas are encouraged,” told Cointelegraph Ras, a pseudonymous member of the Seamless Community Grants Program (SCGP). New grant submissions are available through the Community Governance forum. Applicants must complete a form detailing their project and specific needs. Another grant round is just around the corner, this time from the SingularityNET ecosystem. The Deep Funding Round 4, which will provide over $ 1 million in capital for decentralized artificial intelligence initiatives, is expected to be unveiled in early May. While grants can be a valuable resource for new projects and developers, a more welcoming funding environment is also emerging for crypto startups. Investment in crypto firms rose by 38% during the first quarter of 2024, and the number of projects receiving funding grew by 49% — the highest since the fourth quarter of 2021. In March alone, over $ 1.1 billion was invested across 180 crypto-related projects, a 52.5% month-on-month increase, with funds primarily directed toward infrastructure and decentralized finance projects. Among April’s highlights to date, Paradigm led a $ 225 million round on layer-1 protocol Monad Labs, while Auradine, a crypto mining hardware provider, completed a Series B funding worth $ 80 million. In this edition of Cointelegraph’s VC Roundup, we feature startups that raised capital during the first weeks of April. AI-blockchain platform Sapien raises $ 5M in seed round The artificial intelligence data labeling startup Sapien has secured a $ 5M seed investment from Primitive Ventures, Animoca, Ravikant Capital, and Yield Guild Games. Founded in 2023 by Trevor Koverko, previously of Polymath, Sapien aims to solve an AI bottleneck: data labeling. The company uses blockchain technology to implement gamification in data labeling and rewards for labelers to produce higher-quality work. The global data labeling market is currently estimated at around $ 3 billion, primarily dominated by labeling farms in developing countries. “This funding will allow us to expand our team, expand our frontend labeling infrastructure, and provide better quality data,” said Koverko in a statement. Ribbit Capital leads $ 10.6M funding round for Alpen Labs’s Bitcoin-based economy Alpen Labs, a Bitcoin layer-2 developer, has successfully raised $ 10.6 million to enhance Bitcoin’s blockchain scalability using zero-knowledge proofs. Emerging from stealth mode, Alpen Labs aims to introduce smart contract functionality to Bitcoin through its rollup infrastructure. The funding round, led by Ribbit Capital, also saw participation from Castle Island Ventures, Robot Ventures, and Axiom Capital. The startup, which began its journey nearly two years ago, focuses on creating a programmable and scalable layer for Bitcoin, supporting various on-chain financial applications, including payments, lending, and stablecoins. The team has veterans from Blockstream Research, Nethermind, Aleo, and Palantir, building an ecosystem that will enable applications to settle transactions via Bitcoin. Source: Alpen Labs Node sales generated $ 8M for Ethereum layer-2 HYCHAIN Layer-2 decentralized network for gaming HYCHAIN has raised 2,098 Ether (ETH), worth over $ 8 million, within 48 hours through a node sale. The protocol employs a business model that allows community members to earn rewards by operating software nodes. Participants receive 25% of transaction fees indefinitely for contributing to network security. According to the platform, 16,876 node keys were created by 3,357 unique holders. The HYCHAIN mainnet launched on March 9, providing several features and bridges for connectivity with Ethereum and Polygon networks. Web3Firewall secures $ 2.5M in pre-seed funding Web3Firewall completed a $ 2.5 million pre-seed funding round led by Laser Digital — Nomura’s digital asset subsidiary, gumi Cryptos Capital, and SPEILLLP, a Susquehanna International Group member. Founded in 2023 by Dr. Samer Fayssal, former chief information security officer at BitGo, the company offers an integrated risk and compliance platform designed for blockchain and digital asset companies, specifically targeting firms working in decentralized finance (DeFi), nonfungible tokens (NFTs), and decentralized autonomous organizations (DAOs). According to the startup, the platform will go live in the second quarter of this year, featuring real-time threat detection, prevention, and response powered by AI and machine learning. Magazine: Creating ‘good’ AGI that won’t kill us all — Crypto’s Artificial Superintelligence Alliance Explore more articles like this Subscribe to our Crypto Biz newsletter Weekly snapshot of key business trends in blockchain and crypto, from startup buzz to regulatory shifts. Gain valuable insights to navigate the market and spot financial opportunities. 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Bitcoin Back in Green as Crypto Market Awaits Hong Kong Spot ETF Decision The market has shaken off concerns of escalations between Iran and Israel as the U.S. appears to have talked Israel out of a counter-attack. BTC is back above $ 65,000 as geopolitical volatility subsides. Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week.
The United States Securities and Exchange Commission (SEC) is contradicting years of its own policy guidelines in the latest action against decentralized crypto exchange Uniswap, said Cinneamhain Ventures’ Adam Cochran. In a legal analysis on X (formerly Twitter), Cochran referred to several previous decisions by the U.S. regulator over the definition of an exchange and what it means for Uniswap’s potential legal battle. Another precedent that contradicts the SEC relates to the classification of front-ends as an exchange. The regulator’s guidance in letters from 1989 and 1990 was that an interface that displays and communicates with an exchange is not in itself an exchange. “The SEC guidance found that because these interfaces, even though they profited from bringing together buyers and sellers to exchange explicit securities the fact that the settlement and payment happened elsewhere meant these interfaces were not exchanges,” explained the venture capitalist.