Crypto news

TL;DR Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns. Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate. Where is SHIB Headed? The cryptocurrency market experienced a severe correction on April 12, with the prices of numerous digital assets dropping to multi-week...

Bitcoin’s price took a massive turn to the worse yesterday with a decline that pushed it south by about five grand in hours. The altcoins’ losses were even more significant, which is evident by the rising BTC dominance. Many meme coins dumped by over 20%. BTC’s Crash The business week was actually going relatively well for the primary cryptocurrency. The asset had a strong start on Monday when it pumped to a four-week peak of over $72,500 amid the growing demand for the spot...

With 4 months of 2024 behind us and having emerged from a choppy 2023 – the digital landscape continues to adapt and evolve. Like years prior, many projects and ideas come and go, yet there are still a number of ground-breaking apps keeping it fresh! Founded in 2021, GeoJam is considered an OG in Web3 content space and continues to captivate a global online community of over [45,000] with authentic daily experiences, encouraging its users to experience digital...

Data from CoinMarketCap shows that there are over 9600 cryptocurrencies in existence as of today. Picking an investment-worthy altcoin in this vast crypto market can be a daunting task for crypto investors and traders. Prospective investors need to keep several factors in mind, including backing, tokenomics, roadmap and mission statement.>> Be Among the FIRST! Get the Exclusive Perks From NFTFN Presale << For investors who are looking for a lucrative...

The large-scale сollaboration, featuring a mixture of technology and digital art, boasting a total of 240 square meters of displayed paintings, will be unveiled at Blockchain Life in Dubai next week. The partnership of Uminers, a major international mining company, and a graphic artist Sandra Kowalskii brought to life a fusion of art, crypto, and innovation on an unprecedented scale. The series of digital art pieces enrich the exhibition space at Blockchain Life...

On April 11, Chainlink announced Transporter, which it described as “the next evolution in cross-chain bridging.” The app is powered by Chainlink’s Cross Chain Interoperability Protocol (CCIP), which allows smart contracts to securely access data from external systems and enable trustless data connectivity between blockchains. “Having a secure way to move both value and data across chains is something the blockchain industry has needed for years,” commented Chainlink...

Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, not protocol parameter changes. Pac Finance LTV Change Leads to Liquidation Pac Finance is a platform where crypto holders can earn interest by lending their assets. The app implements a...

The total crypto market saw a massive correction on Friday evening, with more than $200 billion leaving the space within hours. The liquidations have shot up to nearly $1 billion on a daily scale, but some of the most notable losers come from the ever-volatile meme coin niche. CryptoPotato already reported the big Bitcoin retracement that took the primary cryptocurrency from around $71,000 earlier today to a weekly low of $65,000 within minutes. However, that’s just a part...

Bitcoin’s price failed to overcome the $71,000 level decisively today, and the subsequent rejection pushed the asset south hard, dumping to around $65,000. The altcoins have suffered even more, with numerous double-digit losses from the likes of XRP, SOL, DOGE, TON, ADA, and many more. BTCUSD. Source: TradingViewCryptoPotato reported earlier BTC’s attempts to overcome $71,000, which had little success. The bears managed to intercept the moves and pushed the cryptocurrency...

Terraform Labs co-founder Do Kwon has faced a new legal setback after Montenegro’s Supreme Court once again approved the extradition. With this decision, the previous extradition ruling by the High Court has been reversed, thereby resetting the whole process. The final decision now rests in the hands of the Minister of Justice, Andrej Milovic, who had previously expressed willingness towards extradition to the US. Do Kwon’s Extradition According to a local report, the court...