Markets

[PRESS RELEASE – Tokyo, Japan, April 7th, 2024] Decentralized payment protocol Slash has announced the launch of a joint marketing event with perp DEX platform dYdX Japan. Aimed at fostering business development in the Asian market, the campaign will run from April 3 until April 17. The campaign offers an exciting opportunity for participants to win exclusive dYdX branded swag. Five lucky winners will be selected by lottery from Campaign OAT (On-chain Achievement Token)...

New stablecoins VCHF and VEUR now on Bitstamp New stablecoins VCHF and VEUR now on Bitstamp: Say Hello to VCHF and VEUR!The popular Bitcoin exchange informs its customers. We’re continuously adapting and growing our offerings to meet the diverse needs of our customers. We’re excited to announce the addition of two new stablecoins: VCHF and VEUR, both issued on Stellar network. This choice reflects our commitment to providing stability and...

Decentralized applications (dApps) saw a rise of 77% in activity in the first quarter of 2024 and a 7 million total daily active user wallet count. This growth comes as Bitcoin hit an all-time high in Q1 2024, reaching above $73,000. DApp Activity Resurges According to DappRadar, the recent increase in new users shows a strong recovery, indicating the end of the longest bear market experienced. The growth has been attributed to the approval of U.S. spot Bitcoin...

NFTFN’s stage 1 presale swiftly reached a significant milestone, selling out over $250k. This milestone is not merely about figures; it’s a testament to the investor confidence in NFTFN’s potential for substantial market impact. Decoding NFTFN’s Market Promise NFTFN presents itself as a visionary in the Web3 fintech domain, crafting a platform that transcends conventional NFT trading barriers. It allows traders to take long and short positions on NFT indexes, a...

The latest bull market in the cryptocurrency industry seems to be underway, given that BTC has already charted a new all-time high, and the total market capitalization is close to its highest figure. Moreover, the fourth halving is anticipated to take place in about two weeks, and history shows that the event tends to serve as a catalyst for future price increases not only for BTC but for many assets as well. As such, it’s no wonder that numerous crypto analysts have outlined...

Bitcoin had a controversial week in terms of price movements, as it slumped to a ten-day low and jumped by nearly five grand a day later but failed to sustain its momentum. The altcoins also suffered on a weekly basis, but most have turned green after yesterday’s retracements. BTC Goes After $68K The volatile week began on Monday after BTC failed to overcome $71,000 on Sunday, which resulted in a price drop of two grand. After it bounced off to $70,000 once more on Tuesday,...

The Solana network has been grappling with a significant surge in transaction failures, with approximately three-quarters of all transactions experiencing issues amidst the frenzy of activity sparked by the recent meme coin craze. Market players believe that the current crisis is an “existential moment as big as the FTX collapse.” Solana’s Failed Transaction Climbs 75% According to the latest data from Dune Analytics on April 4, over 75% of “non-vote” Solana transactions...

TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into the world of crypto. The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends. Most recently, it disclosed that it will open trading and enable Spot Algo Orders Trading Bots services for the USDT/MXN pair. The...

Ethereum’s price has been correcting over the past few weeks after setting a local high around the $4,000 mark. While the price is yet to recover, the bull market may be far from over. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating between $3,000 and $3,600. Following the recent rejection from $3,600, the market is once again targeting the support at $3,000. The Relative Strength Index has also dropped below 50%, as...

Bitcoin’s price is currently consolidating below the $70K level, failing to continue its rally and make a higher all-time high. Yet, investors remain optimistic as no worrying signs are surfacing yet. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been hovering around the $70K mark and is yet to show a prolonged movement to either side. The $68K resistance level is currently being tested, but the price has not been able to break it to the...