A naukri.com initiative
Cryptocurrency News
Cryptoticker
3w
339
Image Credit: Cryptoticker
Solana Price Ready to Explode or Fakeout Incoming?
- Solana (SOL) is showing early signs of a potential trend shift after a prolonged downtrend.
- The price of SOL has stabilized and reclaimed the 20-day Simple Moving Average (SMA).
- Momentum indicators indicate a mixed picture, with buying pressure remaining tentative.
- Key resistance levels to watch are $145-$155, with a breakout above signaling a possible rally towards $200.
Read Full Article
20 Likes
NullTX
3w
167
Image Credit: NullTX
Michael Egorov Sells 1M CRV for $515K Amidst Recent Token Movement
- Michael Egorov, founder of Curve Finance, sold 1M CRV for $515K, sparking DeFi community's interest.
- Wallet 0x5a8 received 1.997M CRV from Wallet 0x7a1 before selling the 1M CRV.
- Recent sales total 1.469M CRV for 753,229 USDC, possibly indicating a change in strategy.
- CRV's price volatility prompted speculation on Egorov's liquidation motives amid market uncertainty.
- The sales could signal a need for funds, financial engineering, or response to market conditions.
- Selling large amounts of CRV may impact investor sentiment and Curve Finance's ecosystem.
- Questions arise on Curve Finance's future trajectory as Egorov divests holdings, affecting CRV's value.
- Despite downside pressure on CRV, Curve Finance remains a significant DeFi platform with a large liquidity pool.
- Market watchers await signals from Egorov to decipher if the sales are part of a larger trend or strategic reallocation.
- The next few weeks are crucial for developments regarding Curve Finance and the CRV token.
Read Full Article
10 Likes
99Bitcoins
3w
167
Crypto Firms Urge Congress to Challenge DOJ’s Broad Legal Case Against Tornado Cash Developers
- A coalition of 34 crypto firms and advocacy groups is urging Congress to push back against the US Department of Justice's legal interpretation used in the case against Tornado Cash developers.
- The coalition argues that the DOJ's current stance could criminalize nearly all blockchain software developers.
- The DOJ's interpretation of 'money transmitting business' poses a threat to the entire digital asset development ecosystem in the United States.
- Despite the Treasury removing Tornado Cash from the sanctions list, Coinbase insists the legal issues at the core of the case remain unresolved.
Read Full Article
10 Likes
NullTX
3w
61
Image Credit: NullTX
Crypto Market Sentiment Shifts: Traders Return to Mild Greed as Bitcoin Rebounds
- The cryptocurrency market sentiment shifted from extreme fear to mild optimism in March, with Bitcoin rebounding to $88,500.
- Price predictions range from $100,000 to $159,000, signaling caution as a consistent narrative of rapid price increase often precedes market corrections.
- Market sentiment, influenced by social media, can lead to heightened emotions and irrational trading decisions among retail traders.
- The cyclical nature of cryptocurrency markets emphasizes the importance of maintaining a level head and a well-thought-out trading strategy.
- The euphoria and despair displayed by retail traders often indicate market peaks and bottoms, offering insights for more informed trading decisions.
- Price movements in crypto markets often defy popular expectations, with excessive bullish sentiment leading to market downturns and extreme negativity signaling potential reversals.
- Understanding these patterns can help traders navigate the volatile cryptocurrency markets more effectively and avoid falling prey to emotional swings.
- Relying on sound strategies rather than succumbing to price rally hype and bold predictions is crucial for successful cryptocurrency trading.
- Maintaining awareness of market volatility and avoiding herd mentality can lead to better decision-making and risk management in crypto trading.
- It is essential for traders to conduct thorough research and exercise caution before making any cryptocurrency investments or trading decisions.
- The continuous evolution of market sentiment and the influence of social media highlight the need for traders to stay informed and make rational choices amidst market fluctuations.
Read Full Article
3 Likes
Blockonomi
3w
17
Image Credit: Blockonomi
Analysts Predict Quiet 10x for This Altcoin Before Cardano Recovers To $1
- Cardano (ADA) holders are growing impatient with the market recovery as the price approaches the $1 target.
- Cardano price shows bullish signals with a potential breakout in the coming months, supported by on-chain statistics and technical signals.
- In the meantime, IntelMarkets' (INTL) presale project is gaining attention, with a predicted 10x rally before Cardano reaches $1.
- Investors are showing interest in IntelMarkets' AI-powered tools and performance metrics, positioning it as a potential alternative to Cardano.
Read Full Article
1 Like
NullTX
3w
202
Image Credit: NullTX
$PWEASE Memecoin Surges Over 50%, Hitting $13.5 Million Market Cap: What’s Driving the Hype?
- The Solana-based memecoin $PWEASE has surged over 50% in price today alone, reaching a market capitalization of $13.5 million, drawing attention from traders and memecoin enthusiasts.
- PWEASE thrives on a parody culture associated with U.S. Vice President J.D. Vance and strong grassroots support, appealing to humor and internet culture within the cryptocurrency space.
- As with successful memecoins, $PWEASE uses humor, parody, and cultural relevance to engage communities and generate interest, utilizing meme culture effectively for its growth.
- The recent spike in $PWEASE's value reflects ongoing interest and community involvement, showcasing stability amidst crypto market volatility and maintaining a loyal following.
- The hype around $PWEASE has been fueled by Vice President J.D. Vance's forthcoming diplomatic trip to Greenland, connecting the memecoin to current events and driving visibility and trading volume.
- The future of $PWEASE and memecoin markets remains uncertain and highly speculative, with price fluctuations and community support shaping their trajectory, linked to cultural conversations and political events.
- While $PWEASE's connection to parody culture and contemporary political issues may influence its future growth, caution is advised due to the asset's volatile nature, emphasizing the speculative aspect of memecoins.
- Investors should conduct thorough research before engaging with memecoins like $PWEASE, aware of the risks associated with highly unpredictable assets in the cryptocurrency market.
- It is essential to recognize that memecoins like $PWEASE can yield significant gains but carry inherent risks, demanding a careful approach towards investment decisions in volatile crypto assets.
- This summary is not financial advice but highlights the current trends and dynamics surrounding the Solana-based memecoin $PWEASE and its engagement with parody culture, community support, and political relevance.
- Follow @nulltxnews on Twitter for updates on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news.
Read Full Article
12 Likes
Blockonomi
3w
383
Image Credit: Blockonomi
Best Crypto Presales: Gaming Meets Blockchain Brilliance with Aurel One!!
- Cryptocurrency presales play a crucial role in raising funds during the initial launch stage before listing on exchanges or conducting ICO events.
- This article highlights the top five crypto presales, including Aureal One (DLUME), DexBoss (DEBO), Bitcoin Lithium ($BTCL), Arctic Pablo Coin (APC), and BlockDAG (BDAG).
- Aureal One focuses on blockchain for gaming and metaverse operations, offering DLUME tokens for transactions and in-game assets within its ecosystem.
- Aureal One's presale involves 21 tiers with varying token prices, aiming to raise funds before the public listing at $0.0055.
- DexBoss aims to simplify decentralized finance with $DEBO tokens, providing extensive liquidity pools and various financial tools like margin trading and liquidity farming.
- Bitcoin Lithium ($BTCL) focuses on scalability and improved transaction processing with layer 2 solutions and smart contract support.
- Arctic Pablo Coin (APC) revolutionizes digital art and NFT trading by offering decentralized minting and trading services for creators.
- BlockDAG (BDAG) introduces a next-gen blockchain architecture with parallel transaction processing and rapid transaction speeds suitable for DeFi and supply chain management.
- Investors are advised to exercise caution and perform due diligence before investing in crypto presales like Aureal One, DexBoss, Bitcoin Lithium, Arctic Pablo Coin, and BlockDAG.
- Ripple (XRP) is recommended for portfolio diversification due to its track record, alongside exploring potential investments in other presales.
- Thorough research and staying updated on projects are essential for navigating the dynamic cryptocurrency market effectively.
Read Full Article
23 Likes
NullTX
3w
330
Image Credit: NullTX
GameStop Embraces Bitcoin in Strategic Move, Stock Jumps 6.30% After Hours
- In a bold move, GameStop updates its investment policy to include Bitcoin in its treasury reserves, signaling a shift towards digital assets in addition to traditional ones.
- The retailer's filing with the SEC reveals the inclusion of Bitcoin and USD stablecoins, highlighting a strategic step towards a more sustainable business model.
- GameStop's move to invest in both Bitcoin and stablecoins reflects a broader trend of companies diversifying their investment portfolios to incorporate digital assets.
- The decision to embrace digital currencies aims to position GameStop as a progressive player in the digital ecosystem amidst growing institutional interest in cryptocurrencies.
- Following the announcement, GameStop's stock surges by 6.30% in after-hours trading, indicating investor optimism and potential for modernization and diversification.
- The inclusion of digital assets like Bitcoin could attract new investors intrigued by the prospect of business-ready assets bridging traditional and decentralized finance.
- GameStop's strategic move to integrate Bitcoin into its treasury signifies a larger trend in the corporate world toward accepting cryptocurrency as a legitimate asset class.
- The company's shift towards digital assets, including offering crypto wallets and potential blockchain partnerships, demonstrates a proactive stance in adapting to the evolving financial landscape.
- Investor optimism suggests that GameStop's transformation towards embracing digital assets and diversifying revenue streams is viewed positively as it navigates a changing financial landscape.
- GameStop's foray into Bitcoin and digital assets reflects a broader industry trend of companies aligning with the future of money through investments in virtual assets and technology.
Read Full Article
19 Likes
Crypto-News-Flash
3w
114
Image Credit: Crypto-News-Flash
Sonic’s Token S Gets Global Access Via Alchemy Pay
- Sonic Labs enables global access to token S via local currencies through Alchemy Pay.
- Users in over 170 countries can now buy S using everyday payment methods.
- Sonic Labs partners with Alchemy Pay to allow users to purchase S tokens with local currencies, expanding the user base worldwide.
- Sonic Labs focuses on security with a partnership with Arkham Intelligence and integrates Chainlink's technology for advanced data flow.
Read Full Article
6 Likes
Crypto-News-Flash
3w
397
Image Credit: Crypto-News-Flash
DeXe DAO Studio’s Major Update Sets New Standard for Governance Tools
- DeXe DAO Studio has launched a major update to its platform, introducing enhanced tools for governance, analytics, and multi-chain support.
- The update aims to provide a faster, more user-friendly, and scalable platform to meet the evolving needs of communities.
- Key updates include a user-centric interface, advanced analytics dashboard, multi-chain support, integrated governance staking, and real-time community engagement.
- DeXe DAO Studio's vision is to support the future of decentralized governance, driven by automation and blockchain.
Read Full Article
23 Likes
TronWeekly
3w
247
Image Credit: TronWeekly
Crypto tax rule struck down by U.S. Senate bill heads to Trump’s desk
- The U.S. Senate voted 70-28 to repeal a controversial IRS rule imposing strict tax reporting on crypto and DeFi participants, sending the bill to Trump for approval.
- The rule sought to classify DeFi providers as brokers, requiring them to report user trading data and issue tax forms.
- Industry leaders and advocacy groups opposed the measure, arguing it would stifle innovation and push blockchain development offshore.
- The repeal signals a willingness to revisit regulatory architecture in the face of technological advances in the crypto space.
Read Full Article
14 Likes
TheNewsCrypto
3w
22
Image Credit: TheNewsCrypto
DeXe DAO Studio Unveils Major Update, Enhancing Global DAO Management
- DeXe DAO Studio, based on DeXe Protocol, has released a new version to improve DAO creation and management.
- DeXe Protocol is becoming a key part of DAO infrastructure with a TVL of over $1.5 billion and new strategic alliances forming.
- The updated DeXe DAO Studio offers a unified and streamlined experience for planning, fundraising, and expanding DAOs.
- Notable enhancements include a simplified interface, real-time analytics dashboard, multi-chain compatibility, and integrated governance staking.
Read Full Article
1 Like
99Bitcoins
3w
321
Majority of Argentinians Lose Trust in President Milei Amid $4.6B Libra Crypto Scandal
- A recent poll reveals that nearly 58% of Argentinians distrust President Javier Milei following the LIBRA crypto scandal.
- Milei's La Libertad Avanza party leads with 36.7% support ahead of the upcoming election.
- Authorities are now seeking a global arrest warrant for Libra co-creator Hayden Davis amid mounting legal pressure.
- Public trust in Argentina for President Milei has dropped sharply, with 57.6% expressing distrust following the $4.6B Libra crypto scandal.
Read Full Article
19 Likes
NullTX
3w
251
Image Credit: NullTX
Nillion ($NIL) Gains Traction Among CEX Smart Money Wallets Amid Privacy and AI Innovations
- The $NIL token from Nillion network has gained significant traction among CEX smart money wallets in the cryptocurrency realm.
- Priced at $0.62, Nillion has become one of the most sought-after tokens in the past 24 hours due to recent innovations.
- Blind Compute technology introduced by Nillion offers a secure way to process data without exposing it, addressing privacy concerns in the AI landscape.
- The AI research at Nillion combines Blind Computation with AI, offering unique solutions for secure data processing and protection of user data.
- The Nucleus Program focuses on building a robust developer ecosystem, incentivizing app development to enhance the network's functionality.
- Investor interest in Nillion is growing due to its promising tech edge, privacy innovations, and potential AI breakthroughs.
- Smart money investors are bullish on Nillion due to its focus on privacy, AI advancements, and a thriving developer community.
- Nillion's emphasis on private innovation, AI research, and developer community positions it as a leader in privacy and AI spaces.
- The Nillion token price surge and interest from CEX wallets indicate its potential in the cryptocurrency market.
- Nillion is becoming a noteworthy player addressing high-demand issues like privacy, scalability, innovation, and AI development.
Read Full Article
15 Likes
NullTX
3w
299
Image Credit: NullTX
Arbitrum ($ARB) Struggles with Price Drop as Ethereum’s Layer 2 Ecosystem Flourishes
- Arbitrum, a major project in Ethereum’s Layer 2 ecosystem, is currently facing a sharp decline in price, with 98% of holders underwater and only 1% in profit.
- Market sentiment suggests a possible capitulation as holders sell off their positions, but the project's fundamentals and adoption levels indicate potential for a recovery.
- Despite the price drop, Arbitrum remains a vital part of Ethereum's ecosystem, with a total value locked of $2.58 billion, positioning it at the forefront of Ethereum's scaling efforts.
- While ARB's price has been falling, other Layer 2 chains like Base are experiencing growth, with Base leading in total value locked at $3.19 billion.
- Competition among Layer 2 ecosystems is intensifying, with projects like Mantle and Soneium also showing significant gains, adding to Ethereum's scaling solutions.
- Arbitrum, despite its price struggles, remains active with substantial trading volume, indicating ongoing network activity.
- The future for Arbitrum is uncertain, with the majority of holders facing losses, but its pivotal role in Ethereum's scaling efforts and continued development may lead to long-term growth prospects.
- Although facing challenges, the broader Ethereum Layer 2 ecosystem is expanding rapidly, with potential for Arbitrum to rebound, supported by ongoing technological advancements.
- Investors are advised to stay informed and monitor both price action and technological progress in Arbitrum and its competitors in the evolving Layer 2 landscape.
- This is not trading or investment advice; always conduct thorough research before investing in cryptocurrencies or related services.
Read Full Article
18 Likes
For uninterrupted reading, download the app