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...
Read More »Binance Has Matured Since DOJ $4.3B Settlement: CEO Richard Teng
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...
Read More »Godlenfish: A New Meme Token Launching on Solana Blockchain
[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...
Read More »AI and Big Data, Liquid Staking, DeFi Capture Biggest Weekly Gains
Several sectors within the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking, and DeFi projects managed to secure the most gains in the past week. According to their weekly returns, artificial intelligence (AI) and Big Data, which comprised 100 projects, topped the chart with a strong performance and a notable increase of 8.65%, as noted by blockchain intelligence platform Santiment’s latest analysis. The collective market cap of AI and Big Data currently...
Read More »India’s Web3 Ecosystem Expands to 1,000 Startups with 35 Million Traders
CoinspeakerIndia’s Web3 Ecosystem Expands to 1,000 Startups with 35 Million Traders A report shows that India is the largest emerging Web3 market, with 35 million accounts on exchanges, and a 300% rise in developer share. India’s Web3 Ecosystem Expands to 1,000 Startups with 35 Million Traders
Read More »Coinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation
CoinspeakerCoinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation Despite delays from the SEC, US lawmakers have introduced two proposed bills aimed at regulating stablecoin issuers and the entire crypto market. Coinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation
Read More »Cardano (ADA) Price Analysis: Can Bulls Clear This Hurdle?
ADA price is attempting a fresh increase from the $0.5600 zone against the US Dollar. The price is now trading above $0.600 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.620 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.620 and $0.650 levels. Cardano price is holding the $0.580 support against the US Dollar, like Bitcoin. ADA price could gain...
Read More »Ethereum Price Analysis: ETH Restarts Rally As Bulls Aim For $4K
Ethereum price is moving higher above the $3,500 resistance against the US Dollar. ETH price is now trading above $3,550 and the 55 simple moving average (4 hours). There was a break above a key rising channel with resistance at $3,440 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,500 support zone. Ethereum price is rising above the $3,550 level against the US Dollar. ETH/USD could rise further if it clears...
Read More »Stellar Lumen (XLM) Price Faces Uphill Task and $0.138 Holds The Key
Stellar lumen price is attempting a fresh increase from the $0.1240 zone against the US Dollar. XLM price is now trading above $0.1300 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1285 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.1380 resistance zone. Stellar lumen price is trading in a positive zone above $0.1300 against the...
Read More »XRP Price Analysis: Bulls Aim For Rally To $0.75
XRP price is attempting a fresh increase from the $0.5650 support against the US dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.60 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.6250 resistance. XRP price is consolidating above $0.60 against the US Dollar, like Bitcoin. It must stay...
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