Crypto news

ADA price started a downside correction from the $0.6840 zone against the US Dollar. The price is now trading below $0.650 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.6480 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.6260 and $0.650 resistance levels. Cardano’s price is struggling below $0.650 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $3,680 resistance against the US Dollar. ETH price is now trading below $3,550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,535 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,550 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...

Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite these setbacks hindering progress in the DeFi sector, the community can find some solace in the recovery of almost $99 million during the same period. In fact, the latest figure also marks a significant 48% decrease from the previous month, February 2024....

[PRESS RELEASE – Vancouver, Canada, April 1st, 2024] JYDS emerges as a new memecoin with innovative tokenomics and a fresh perspective in the meme coin market on the Solana blockchain. JunkYard Dogs Sol (JYDS) is gaining traction as a unique memecoin looking looking to capitalize on the burgeoning meme coin market. Through its ongoing presale, which has already raised an 362.5 SOL, JunkYard Dogs Sol is starting to attract attention amidst the shifting landscape of meme...

Vitalik Buterin – the co-founder of Ethereum – shared insights on the next steps in the protocol’s simplification and easing the burden on node resources, also known as ‘Purge.’ The Purge essentially aims to safeguard the protocol by optimizing data storage. At the same time, it also seeks to address design decisions that were made due to technology constraints in the past. The primary objective is to streamline the protocol, eliminate technical obligations, and reduce...

TL;DR The newly launched Degen Chain and its token DEGEN witnessed substantial growth, with the network registering significant transactional volume and user adoption. DEGEN-related meme coins have also saw the light of day, experiencing substantial price increases. The ever-evolving cryptocurrency sector recently witnessed the emergence of a new layer-3 blockchain network called Degen Chain. The latter is built on top of the L2 solution Base and has DEGEN as its native...

[PRESS RELEASE – Grand Cayman, Cayman Islands, April 1st, 2024] Quick Take BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges. BSX will begin trading on Base L2 Mainnet Alpha on April 1, 2024. Following the...

[PRESS RELEASE – Louis, Singapore, April 1st, 2024] OPZ Token ($OPZ) is an all-in-one solution that combines a wallet on iOS & Android, decentralized exchange, advanced AI trading, and NFC technology. It provides 1,000,000,000 tokens for traders. Using ERC-20, this token employs powerful AI trading technology to handle users’ trades. Traders buy and hold the tokens, and the AI system then takes over, trading continuously on 10,000+ cryptocurrencies, such as Bitcoin,...

The government of Argentina is calling on all local crypto firms to register with its new regulatory body dedicated to the sector – or to cease operating entirely. On March 14, the nation’s senate passed legislation approving the Registry of Virtual Asset Service Providers, in line with recommendations from the Financial Action Task Force. More Regulation In Argentina? Argentina’s National Securities Commission (CNV) announced the registry’s creation on March 26, saying the...

Toincoin (TON) has attracted considerable interest lately, experiencing a 138% surge year-to-date, reaching a new all-time high of $5.69. This development coincides with Telegram’s recent launch of a revenue-sharing initiative, enabling channel owners to earn 50% of advertising revenue through Toncoin. The Reasons Behind TON’s Rapid Rise The Toncoin token (TON) has experienced a notable 101% surge in value over the past month, reaching an all-time high of $5.69 on March 27....