Crypto news

The ongoing memecoin frenzy took a dip as the crypto market was bleeding over the weekend. Bitcoin (BTC) along with the broader crypto market fell nearly 10% on Saturday. Despite the current market conditions, markets for top memecoins remain more liquid than earlier this year. New age memecoins have been all the rage this cycle and BEFE, despite being just a few months old, has made a significant mark in this volatile yet competitive space. With a community of...

TL;DR Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon. Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1. VET Price Gearing up for a Peak? Despite plunging significantly in the past week, VeChain’s native cryptocurrency – VET – remains among the best performers on a yearly scale, with its price rising...

[PRESS RELEASE – London, UK, April 17th, 2024] In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase. This contest...

[PRESS RELEASE – Bucharest, Romania, April 17th, 2024] As part of its innovative approach to combining education and technology, Banksters, an EduTech simulator with advanced NFT capabilities, is in the midst of an airdrop campaign that has captured the attention of the gaming and crypto communities. The unique contest, which began on April 3 and is set to conclude on April 17, grants players an opportunity to win exclusive NFTs based on their activity levels within the...

[PRESS RELEASE – Singapore, Singapore, April 17th, 2024] Ontology Network, a leading public blockchain, has announced a $10 million fund, designated in ONT & ONG tokens, to accelerate the adoption, education, and development of decentralized identity (DID) solutions. This initiative is tailored to catalyze innovation across four critical areas: DID Education, ONT ID Technical Tutorials, ONT ID Adoption, and Building with ONT ID, ensuring a robust ecosystem for users,...

While crypto has long been highly affected by the broader financial market, the price of Ethereum (ETH) appears especially impacted by its movements. According to recently published data from IntoTheBlock, the correlation between ETH and several traditional market indexes is now far higher than those between its larger rival, Bitcoin (BTC), and the same markets. Bitcoin, Ethereum, and Stocks The firm’s figures show a correlation coefficient of 0.7 between ETH and the DAX – a...

Bitcoin’s price crashed by over 5% below $60,000 on Wednesday amid a market selloff impacting the broader crypto and stock markets. Bitcoin (BTC) began the day trading for roughly $63,700 per coin. Its price began sinking drastically starting at 1:40 PM UTC, and has plummeted to $59,950 as of 4:45 PM UTC. It trades for $60,475 at press time. Meanwhile, the price of Ethereum (ETH) has slid back under $3000 to just $2950 at writing time. The S&P500 and Nasdaq 100 have...

The cryptocurrency market endured massive volatility this week. Amidst geopolitical instability, this price action triggered billions in liquidation and left many wondering if Bitcoin could be used as a hedge against chaos. However, certain cohorts of Bitcoin holders remained unfazed. This is evident by the fact that Bitcoin appears to be entering an accumulation phase as withdrawals from exchanges surged to levels not seen since January 2023. Bitcoin Investors Prepare for...

Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...

April 16, 2024 – Condo, the world’s first real-world asset (RWA) meme token, was recently launched on the Base chain, heralding a new era in meme token innovation by integrating real-world asset investments. Diverging from conventional meme tokens fixated solely on social media buzz, Condo presents a distinct value proposition: an actively managed treasury investing in tangible assets. The meme token draws its inspiration from Nathan (Nathan Allman), the visionary...