Crypto news

After two successful L3 Summits at Devconnect Istanbul in November 2023 and at ETH Denver in March 2024, zkLink is thrilled to announce that it’s bringing the third rendition of its L3 Summit to TOKEN2049 Dubai. The L3 Summit is a zkLink-initiated in-person event series that educates, amplifies, and shares research about the current status of Layer 3 development. The L3 Summit brings together the world’s best Ethereum scaling solutions and infrastructure protocols...

Solana price gained bearish momentum below the $185 level against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $176.50 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 $180 resistance. Solana price is trading in a short-term bearish zone below $180 against the US...

U.S. Bitcoin spot ETFs have absorbed $12.3 billion of net inflows since launching three months ago. Just how much have they impacted the broader Bitcoin market? Lead Glassnode analyst James Check provided analysis on Wednesday measuring the effect of Bitcoin ETFs next to the asset’s existing futures and spot markets – using on-chain data. Grayscale And Long Term Holders The analyst began by examining the Grayscale Bitcoin Trust (GBTC) – the sole new Bitcoin ETF that’s...

The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities. Over the past couple of days, there have been unforeseen updates to the protocol, along with funds transfers to different addresses. Mysterious Token Transfers and Upgrades The news came out in a public post by STFIL Protocol on X, revealing that they believe the STFIL core technical team is under investigation by local Chinese police. They mentioned...

TL;DR Ripple’s XRP ranks seventh in discussion volume, likely due to the anticipation around its legal case with the SEC. The outcome of the lawsuit may significantly influence the entire cryptocurrency market. These Cryptocurrencies Lead the Pack The crypto market intelligence platform – Santiment – outlined the top 10 cryptocurrencies that have received the most attention this week.  Somewhat expectedly, the digital asset sitting at the top position is the largest by...

[PRESS RELEASE – London, United Kingdom, April 9th, 2024] The newly emerging Solana-based meme coin Slothana ($SLOTH) continues to gain traction and raises over $10 million in thirteen days, becoming one of the biggest ongoing Solana presale. The milestone was reached while the Solana network experienced congestion issues that reduced the overall activity on the chain. The presale is currently still active and the exchange rate is set at 10,000 $SLOTH token for every SOL...

The cryptocurrency market is currently beaming with bullish momentum and an overall positive sentiment. With investor confidence and market liquidity on the rise, crypto pundits are speculating a bull run over the horizon. Amid the bull season chatter, the projections of a notable trader have been making rounds in the crypto community. This cryptic trader reportedly made a 50x return on his crypto investment back in 2021. With a bull run looming, the trader has...

Richard Teng, CEO of the world’s largest cryptocurrency exchange, Binance, believes the trading giant is past the cultural issues after it settled criminal charges from the United States Department of Justice (DOJ) with a $4.3 billion fine. During an interview with CNBC, Teng said Binance had moved past the early stage of its development, where there were no clear rules, and it had to operate in a certain way to stay relevant. Binance Has Moved Past Cultural Issues In...

[PRESS RELEASE – Vilnius, Lithuania, April 9th, 2024] Godlenfish, also known as $GODLEN, is a new meme token inspired by the themes of luck and positive sentiment. It aims to differentiate itself within the digital currency space by leveraging the technical benefits of the Solana blockchain, which is known for its speed, scalability, and security. Technical Foundation and Market Position Set for launch on the Solana blockchain, Godlenfish intends to offer features...

[PRESS RELEASE – San Fransico, California, April 9th, 2024] Algotech (ALGT) has emerged in the limelight again with the milestone of raising $500,000 in a single day during its ongoing presale. In less than four weeks of the current presale, Algotech has raised over $3.5 million. Algotech’s Journey  Algotech was launched as an initiative by successful traders and technology experts who wanted to democratize access to advanced trading tools for layman users. The team wanted to...