Crypto news

Green cryptocurrencies are making waves as sustainable investment avenues in the ever-evolving digital currencies. At the forefront is BlockDAG, acclaimed for its innovative technology and minimal ecological footprint, boasting a presale collection of over $21.7 million. This overview highlights the top five green cryptocurrencies, including Stellar (XLM), Chia (XCH), Hedera (HBAR), and Cardano (ADA), each offering eco-friendly blockchain solutions that benefit...

The largest American cryptocurrency exchange, Coinbase, has added support for the Lightning Network on its platform to enable faster and cheaper payments. According to a blog post, the Lightning Network integration on Coinbase will reduce the cost of sending bitcoin (BTC) globally by 20x compared to the 2% charged on United States credit card transactions and the $30 paid for wire transfers. Coinbase Integrates Lightning Network Coinbase’s Lightning Network integration was...

The crypto market in 2024 presents a plethora of investment opportunities, with BlockDAG leading the charge with its remarkable presale success. BDAG’s surge of $21.7 million sets a bullish precedent in the crypto space, indicating strong investor confidence and robust demand. Let’s delve into the top 9 best crypto investments in 2024, including other pioneering projects like 5thScape, Sponge V2, Meme Kombat, Memeinator, Launchpad XYZ, Green Bitcoin, Scorpion...

BlockDAG distinguishes itself in the competitive blockchain technologies. By leading among the top 5 most eco-friendly cryptocurrencies, this innovative platform offers user-friendly tools designed to minimize ecological footprints. Alongside BlockDAG, other notable cryptos like Solana, Cardano, Algorand, and Nano each contribute uniquely to the sustainable blockchain ecosystem with their energy-efficient solutions. Investing in these technologies means supporting...

TL;DR Shiba Inu’s burn rate soared significantly today, with over two million tokens removed from circulation. However, SHIB’s price remains deep in the red, coinciding with an overall crypto market correction. The Latest Spike Shiba Inu’s burn rate increased substantially today (May 1), jumping 90% compared to the previous day. This resulted in over two million assets being removed from circulation. According to Shibburn, almost 1.7 billion SHIB tokens were burned last...

The United States Department of Justice (DOJ) has charged and arrested Roger Ver, an early BTC investor known as Bitcoin Jesus, for evading taxes of up to $50 million. According to an official release, the DOJ unsealed the indictment against Ver on April 29 and ordered his arrest in Spain during the weekend. U.S. DOJ Charges Ver for Tax Evasion The DOJ’s indictment accused Ver of filing false tax returns, committing mail fraud and tax evasion between 2011 and 2017 through his...

Bitcoin’s price has been consolidating above $60K over the last few months. Yet, the price has broken below the level today, and investors are in a state of panic, wondering if the bull market is over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has created a large descending channel pattern since March. Yet, it has broken it to the downside, and the cryptocurrency is aggressively dropping toward the $52K support level. The 200-day moving...

The crypto market has faced a massive correction over the past month – and new investors are proving incapable of stomaching the volatility. Blockchain data show that 2024 Bitcoin buyers, who entered a raging early-year bull market in which Bitcoin (BTC) surged to a new all-time high, are now panic selling at a loss as the asset’s price reverses course. Paper Hands Bitcoin Buyers According to Glassnode, on-chain “realized losses” have surged over the past two months during...

Polkadot’s price has been dropping rapidly over the last couple of months and is yet to show any sign of slowing down. However, the cryptocurrency might soon begin a bullish rebound. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been on an aggressive decline since a rejection from the $12 resistance level. The market has also broken below the bullish trendline that has been formed since October 2023. The 200-day moving average, located...

The Federal Reserve decided to maintain its benchmark interest rate of 5.25%% to 5.5% at the highly anticipated Federal Open Market Committee Meeting (FOMC) on Wednesday, following a fearsome 6% drawdown in Bitcoin’s price earlier that day. Within five minutes of the announcement, Bitcoin’s price rose from $57,300 to $57,700 Per a press release, the central bank said it also plans to slow down the rate at which it sells US Treasury securities starting in June, reducing its...