Crypto news

XRP price is attempting a fresh increase from the $0.5650 support against the US dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.60 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.6250 resistance. XRP price is consolidating above $0.60 against the US Dollar, like Bitcoin. It must stay...

Following in the footsteps of Michael Saylor, yet another publicly traded company has decided to make Bitcoin its savings vehicle of choice. Metaplanet, an investment and consulting company listed on the Tokyo Stock Exchange, announced on Monday that it has purchased 1 billion JPY ($6.5 million USD) worth of Bitcoin for its corporate treasury. Metaplanet’s Bitcoin Strategy Per a company tweet, Metaplanet has chosen to “embrace Bitcoin as the core treasury asset of the...

DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns through market-making yield, spreading investors’ assets across multiple pre-defined protocols. Yield On Top Of Yield Market making is when DeFi users provide liquidity to decentralized exchanges, allowing fellow crypto buyers to easily find sellers, and vice versa. Market-making yield can...

TL;DR Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving. XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics. Garlinghouse’s Prediction The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC)...

In an effort to protect its decentralized crypto exchange (DEX) against potential security threats, the dYdX community has approved a proposal to stake 20 million DYDX tokens. This decision comes amidst a surge in trading activity experienced by the platform. dYdX Proposes Enhanced Security Measures The proposal presented by dYdX emphasized the necessity of increasing the platform’s security measures in the face of increasing deposits and trading volumes. dYdX stated that it...

An anonymous cryptocurrency investor with the username “Sell When Over” on X has reported a loss of $800,000 due to two allegedly malicious Google Chrome browser extensions. The investor first raised the alarm with a post on X, revealing that they had discovered a loss of $500,000 from multiple wallet applications. Chrome Extension Attack Leads to $800k Loss “Think I got extension attacked, with two suspicious extensions that appeared on my Chrome browser,” they disclosed....

[PRESS RELEASE – London, UK, April 8th, 2024] StakeLayer, a pioneering Restaking platform operating on Bitcoin L2, has marked a significant milestone by successfully concluding two phases of its Presale, securing over $500,000 in funding. During the Presale, early participants have an opportunity to purchase $STAKE – native token of StakeLayer ecosystem. Holders will be able to use their tokens to potentially get additional rewards from vaults and participate in DeFi...

[PRESS RELEASE – London, UK, April 8th, 2024] The world’s first Bitcoin DEX –Satoshi DEX has unlocked a milestone, as the presale has shot up to more than $9 million, as the project continues to grow. Currently, the presale is still LIVE, less than 6% left to distribution. Following the presale, the team plans a Mainnet launch and initial liquidity (Q3 and Q4 2024) Launch of the mainnet: Deployment of SatoshiDEX on the Stacks mainnet, enabling live transactions and...

CoinspeakerTelegram-based Game Hamster Kombat Attains 1M Players in Less than 2 Weeks The Hamster Kombat team intends to release and distribute a token to all active players at the end of the season. Telegram-based Game Hamster Kombat Attains 1M Players in Less than 2 Weeks

CoinspeakerDeFi Aggregator 1inch Announces Web3 Debit Card in Partnership with Mastercard and Baanx 1inch has introduced a new debit card powered by Mastercard, for the average user to easily spend crypto and also make ATM withdrawals. DeFi Aggregator 1inch Announces Web3 Debit Card in Partnership with Mastercard and Baanx