Crypto news

As Chainlink (LINK) faces selling pressures following a brief surge and Cardano sees an increase in volume that stirs investor optimism and sustainability concerns, BlockDAG emerges as a formidable player in the cryptocurrency realm. With its innovative X1 mobile mining app, BlockDAG transforms everyday smartphones into effective mining tools, enabling users to mine up to 20 BDAG coins daily. Chainlink’s Price Dynamics: 20% Surge and Its Implications Chainlink...

Solana price gained bearish momentum below the $140 level against the US Dollar. The price is now trading below $132 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $130 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 $145 resistance. Solana price is trading in a bearish zone below $140 against the US Dollar, like...

April 30th,2023; Dubai Building on the momentum from a successful first day of the World Blockchain Summit (#WBS), organized by Trescon, Day 2 concluded with thought-provoking discussions, cutting-edge innovations, and actionable insights at the JW Marriott Hotel Marina in Dubai. Held on April 22nd and 23rd, the event gathered leading industry experts, blockchain innovators, government stakeholders, and investors, collectively spotlighting the practical...

The Toncoin (TON) price maintains its steadiness, driven by an expanding web3 ecosystem and strong Telegram integration. Meanwhile, the Litecoin (LTC) price has navigated a volatile path, recently rebounding from a key $70 support. Amidst this landscape, BlockDAG emerges distinctly, having raised $21.7 Million in its presale. With technological advancements and integration with the Ethereum Virtual Machine, BlockDAG sets the stage for a predicted price surge to...

On April 30, Ripple announced a partnership with HashKey Group, furthering its collaboration with financial services giant SBI Group. The joint venture with HashKey DX, a Tokyo-based specialized consulting company of the HashKey Group, aims to introduce XRP Ledger (XRPL) enterprise solutions to the Japanese market. HashKey DX will deploy supply chain finance solutions to Japan through the partnership, which was highlighted by company CEO Brad Garlinghouse in a post on X....

A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over 165,000 blocks, equivalent to three years’ worth of blocks in just one week. The attacker, Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly took credit for the incident, facing backlash from other Bitcoin developers. Lopp Defends Attack as ‘Trivial Exploit’ Speaking on the decentralized social media platform Nostr, Lopp described the...

The trading day continues in an even more painful manner for bitcoin as the primary cryptocurrency took another hit and slumped to its lowest price position in over two months of under $59,300. The altcoins’ situation is worse, with ETH dropping below $3,000, SOL dumping by 8%, and a few double-digit price declines. Bitcoin/Price/Chart. Source: TradingViewIt was just earlier today when the bitcoin bulls had taken charge and initiated an impressive leg up that resulted in the...

BlockDAG Network has unveiled a strategic vesting period in the wake of its remarkable 500% growth during the presale, coinciding with significant updates from BNB Chain and the fluctuating prices of Filecoin. This announcement underscores BlockDAG’s commitment to investor alignment and project sustainability, aiming to solidify its position in the dynamic cryptocurrency market. As BlockDAG continues to navigate through its presale phases, achieving unprecedented...

Changpeng Zhao (aka “CZ”) – the founder and former CEO of crypto exchange giant Binance – has been sentenced to 4 months in prison after a hearing in a Seattle courthouse on Tuesday. The sentencing follows CZ’s guilty plea to running afoul of know-your-customer and anti-money laundering requirements at his exchange in November. During the hearing, Judge Richard Jones acknowledged tht CZ had “accepted responsibility” for his actions, and that his actions at Binance were of a...

Bitcoin miners are beginning to feel the adverse effects of the latest halving, with industry revenues at their lowest point since early 2023. The tighter profit margins raise questions about which industry firms can stay afloat during Bitcoin’s next halving epoch, as well as how Bitcoin’s market price might be impacted. Steep Decline In Miner Revenue According to data shared by on-chain analytics platform CryptoQuant, Bitcoin’s “Puell Multiple” plummeted sharply immediately...