Crypto news

The firm, co-founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is looking to tap into institutional interest in the space following a bear market lull in VC investing. It would be one of the largest new crypto VC funds raised since the market downturn last year, according to an April 3 Bloomberg report citing anonymous sources. The peak for crypto VC fundraising came in May 2022, when venture firm Andreessen Horowitz (a16z) raised a $4.5...

Coinbase’s Layer 2 network – Base – has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant user base engagement, according to IntoTheBlock. ‘Base Spring’ The on-chain intelligence platform also found that Base’s...

TL;DR ChatGPT predicts that well-known cryptocurrencies could lead the meme coin sector in April due to their substantial community support, while also highlighting the rising popularity of new contestants. The chatbot stresses the importance of thorough market research and awareness of the risks involved in investing in such volatile assets. No Surprises? The meme coin sector has made serious waves lately, with numerous assets of that type charting impressive price rallies...

Binance will soon close its Bitcoin NFT marketplace after opening its trading venue to the network’s collectibles less than one year ago. In a blog post on Thursday, the crypto exchange said it will “cease support for trades and deposits of Bitcoin NFTs” starting April 18 at 6:00 UTC. Binance Exits From Ordinals The exchange noted that its support for “any further airdrops, benefits, or utilities” related to Bitcoin NFTs will wrap up on April 10. The decision to cut Bitcoin...

[PRESS RELEASE – Dublin, Ireland, April 4th, 2024] Donk.Meme ($DONKM) presale is officially live and this new donkey themed Solana meme coin is replicating the same method pioneered by Book Of Meme founders and adopted by the likes of $SLERF. Over 1,000 SOL has been raised in the first few days of the presale with over 7 days left to go which is a testament to Donk.meme’s novel presale mechanism. The trend of raising funds through direct transfers was pioneered by Darkfarms,...

The Bitcoin halving event has been scheduled to take place in the next 15 days. Based on historical data, it could trigger a bull run that would last months, setting new price peaks. Crypto data analytics platform Kaiko believes BTC could record a new top within nine to twelve months after the event on April 20. Bitcoin’s Rally Post-Halving Kaiko explained that the short-term price impact of Bitcoin halving events has been mixed in the past, but historical data has clarified...

[unable to retrieve full-text content]CoinspeakerRipple Announces Plan to Launch a Multichain USD-backed Stablecoin The new Ripple-backed stablecoin on the XRPL and Ethereum networks will significantly improve XRP’s liquidity through the recently unveiled AMM. Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum is found in a difficult position. The price fell by 7% this week, and now all the pressure is on the key support at $3,350. If this level fails, then the price might retreat below $3,000. The rally that started in October 2023 has finally found a local top at $4,000, which is a key resistance. For this reason, this correction is significant and may last for quite a...

[unable to retrieve full-text content]CoinspeakerBitcoin Supply Shortage Scare Deepens amid US Bank’s Demand This surge in direct demand from financial institutions on the miners has created a spike in the volume of shortage of Bitcoin on centralized exchanges. Bitcoin Supply Shortage Scare Deepens amid US Bank’s Demand

[unable to retrieve full-text content]CoinspeakerGoogle Sues Crypto Scammers for Fake Apps on Android App Store Google, one of the world's leading technology giants, has filed a lawsuit against a group of crypto scammers for allegedly defrauding over 100,000 individuals on its app store.  Google Sues Crypto Scammers for Fake Apps on Android App Store