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Showing posts from April, 2024

Klaytn scores listing on the Philippines’ top crypto exchange

Klaytn token KLAY is now available for trading on Coins.ph, the Philippines’ largest crypto exchange. The exchange has added support for KLAY/PHP. Klaytn (KLAY) is now listed on Coins.ph, the largest crypto exchange in the Philippines. The blockchain network for the metaverse, GameFi and the creator economy announced the major news on Tuesday. It noted that the native Klaytn token KLAY is now available for trading on the Bangko Sentral ng Pilipinas (BSP)-licensed Crypto exchange . BSP is the Philippines’ central bank. 🚀 Exciting news! 🎉 $KLAY lands on the largest exchange in the Philippines, @coinsph🇵🇭 Filipinos and @coinsph users, seize the opportunity to trade now! https://t.co/GfJzR8x46b Join us as #Klaytn expands across Asia and beyond🚀 https://t.co/ESYKZqXLop — Klaytn (@klaytn_official) April 30, 2024 Klaytn launched in 2019 and is one of the leading blockchain platforms in South Korea....

Samourai Wallet co-founder released on $1M bond after pleading not guilty

Samourai Wallet founders have been charged with money laundering and operating an unlicensed business. Keonne Rodriguez, one of the co-founders, was released on a $1M bond after pleading not guilty in NYC court. The legal proceedings raise concerns about the future of non-custodial crypto services in the U.S. During an appearance at the U.S. District Court for the Southern District of New York on Wednesday, Samourai Wallet co -founder Keonne Rodriguez entered a plea of not guilty to the charges brought against him and his associate William Hill and an assistant U.S. Attorneys agreed to the $1 million bond, with travel restrictions. The lawsuit against Rodriguez and his associate William Hill alleges that Samourai Wallet facilitated over $100 million in money laundering transactions from illegal dark web markets. The two were arrested on April 24 in different jurisdictions. Samourai Wallet co-founder bail terms Despite being released on a $1 million bond...

Latest Market Overview 29th April: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

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The Bitcoin market and alternative cryptocurrencies are edging towards robust support levels, which are anticipated to endure in the immediate future. Throughout April, Bitcoin has experienced a decline of approximately 12%. If the current downward trend persists, this month will mark the poorest performance since November 2022, as data from CoinGlass indicates. Additionally, historical data suggests that May presents challenges for Bitcoin bulls, with harmful monthly closures observed over the past three years. The prevailing uncertainty surrounding Bitcoin’s price trajectory has led to consecutive days of net outflows from spot Bitcoin exchange-traded funds since April 24, according to insights from Farside Investors. This trend implies a cautious approach among traders awaiting a resurgence in Bitcoin’s upward momentum before re-entering the market. Daily cryptocurrency market performance. Source:  Coin360 Even as Bitcoin searches for directio...

Solana project CEO says ‘sybil attackers’ gamed metric hoping for airdrop

Following criticisms over data credibility from Martin Shkreli and others, io.net’s founder and CEO Ahmad Shadid has published a ‘post-mortem’ statement, explaining, “We move fast, and sometimes we break things.” Shadid’s post on X (formerly Twitter) describes a ‘game of cat and mouse’ to block spoofed network activity by those looking to game the anticipated IO token airdrop. The approach, known as a ‘sybil attack,’ aims to magnify an individual’s eligibility for rewards such as airdrops. Various techniques were reportedly used to falsify the network’s GPU activity, including virtualized GPUs for sale by ‘bad actors’ and a user ID leak which was exploited to display fake nodes on the project ’s explorer . The number of nodes on the network was recently reported to be over half a million. Shadid explains that after running tests, io.net identified 120,000 verified nodes. However, this number also turned out to have been gamed . The post-mortem settles on a f...

Trump Unveils Plan To Crush BRICS, Boost US Dollar

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Former President Donald Trump revealed that he is aware of the BRICS ideology and has plans to crush the alliance and boost the US dollar. BRICS is threatening to uproot the US dollar from the world’s reserve currency status and replace it with local currencies. The alliance is forging new trade deals with developing countries to settle cross-border transactions without the US dollar. China, Russia, and India have already signed partnerships with other nations to use local currencies for payments. Also Read: BRICS Conducts $260 Billion Worth Trade Without the US Dollar Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Economic advisors to Trump have chalked out plans to tame BRICS and put the US dollar ahead of other currencies. Trump made it clear that he wants the US dollar to remain the global de facto currency. He explained that he would stop developing nations from taking over the world...

Crypto Gains Highlights Rapidly Selling Dog-Themed Presale Nearing $12 Million Mark

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Crypto Gains reviews Dogeverse, which has entered the cryptocurrency scene with a unique proposition. It aims to be the first meme coin built on a multi-chain network. This distinction means that DOGEVERSE tokens can be acquired, held, and traded across various blockchain platforms, unlike conventional meme coins that are confined to a single network. Potential benefits of multi-chain functionality Meme coins have established a unique sector that combines pop culture with blockchain innovation. Within this dynamic field, Dogeverse emerges as a promising addition, capitalizing on the meme coin trend while introducing an innovative concept: multi-chain functionality for a meme-based cryptocurrency. Dogeverse centers on “Cosmo the Doge,” a character inspired by a narrative of supernovas and space travel. The creators designed this cryptocurrency to capitalize on the popularity of dog-themed tokens while introducing innovative cross-chain functionality. Unlike standard mem...

Bitcoin Enters ‘Danger Zone’ Post-Halving, Analyst Warns Of Potential Downside

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Following the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly 10% to trade as high as $67,020 on April 24. However, in the last two days,  the digital asset’s price has declined by 6.49%, falling below the $63,000 price mark.  As expected, such negative performance has drawn attention from investors and market speculators. In particular, renowned analyst with X handle Rekt Capital has provided a theory on Bitcoin’s price fall and perhaps an insight into the future price movements of the crypto market leader. Related Reading: Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation? BTC Potential Price Decline Ahead? In an X post on April 26, Rekt Capital stated that Bitcoin has now entered the Post-Halving “Danger Zone.” The analyst described this phenomenon as a period during which Bitcoin has historically experienced price corrections after the halving event. Rekt C...

Best Crypto to Buy Now April 26 – Bonk, Render, MultiversX 

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This Analysis offers traders valuable insights for evaluating the growth potential of different tokens. Several tokens are currently showing upward trends, indicating promising investment opportunities. As the crypto market continues its upward trajectory, investors are actively seeking the best opportunity within the market. Altcoins have a competitive advantage in terms of potential returns due to their lower market capitalization and ability to generate market optimism. As a result, altcoins are experiencing increased demand due to their higher profit potential. This article highlights some tokens that have emerged as noteworthy contenders, each boasting distinctive Features that could lead to substantial gains. Exploring these avenues is essential for investors aiming to optimize their investment strategies. Best Crypto to Buy Now MultiversX has partnered with Bware Labs to launch a grant program to support startups by offering resources to develop projects on the MultiversX ...

Gold Mania Hits China: Trading Volume Skyrockets 400%

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China is experiencing a GOLD -buying frenzy in April 2024 as its trading volume surged by 400% this month. The accumulation of the precious metal reached remarkable heights at a time when its Central Bank was massively accumulating the asset. Retail investors, institutional funds, China’s central bank, The People’s Bank of China (PBOC) have been largely buying the metal. Also Read: Historical Average Gold Price From 1849 to 2024 The latest data from the World Gold Council shows that China’s central bank purchased 515 tonnes of GOLD in the last 17 months and is worth $35.7 billion. The Communist country has purchased GOLD for 17 months straight from 2022 to April 2024. Among all the central banks in the world, China’s accumulation of the precious metal is the largest. Also Read: Local Currencies Bow to the Mighty US Dollar in 2024 China Experiences a 400% Surge in Gold Trading Volume Source: th...

Bitcoin Price Recovery Is Halted At $68,000 As It Continues To Fall

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Apr 25, 2024 at 12:26 // Price Author Coin Idol The price of Bitcoin (BTC) is falling again as buyers have failed to keep the price above the moving average lines. Price Analysis by Coinidol.com. Bitcoin price long-term forecast: bearish On April 22, 2024, the positive momentum surpassed the 21-day SMA but was halted by the 50-day SMA or the $68,500 resistance level. If the buyers had prevailed, Bitcoin would have reached its all-time high of $73,666. Bitcoin is in a downtrend after failing to break above the moving averages. The cryptocurrency is bearish as...

US economist warns Bitcoin ETF ‘newbies’ about a ‘rude awakening’

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As the cryptocurrency sector starts another day with the majority of its assets in the red, American economist and gold bug Peter Schiff has taken it as a sign that Bitcoin (BTC) is going down the drain, voicing a particularly dire warning for owners of spot BTC exchange-traded funds (ETFs). Specifically, Schiff has observed the current price action of the flagship decentralized finance (DeFi) asset, asserting “it’s not looking good” and telling ‘HODLers’ to better hope that Bitcoin can hold $60,000 or “it’s a long way down,” according to his X post on April 25. Bitcoin price action analysis. Source: Peter Schiff At the same time, he argued that the drop might not be a major shock for investors who have been in the field for a long time, but that spot Bitcoin ETF owners or “ newbies ,” as he called them, would face an unpleasant surprise. As he pointed out: Picks for you AI tool takes Bitcoin payments to access ChatGPT-4 and Claude Opus 14 hours ago Solana price ...

OpenSea Makes Shift To Optional Royalty Model – A Deal-Breaker For Yuga Labs?

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Yuga Labs – creators of the popular Bored Ape Yacht Club (BAYC) NFT collection – has unveiled its plans to cut ties with NFT marketplace OpenSea. This comes as a response to the platform’s proposed shift to an optional royalty system. On Thursday, August 17, OpenSea announced that it is changing its creator fees framework, making royalties optional for new collections after August 31, 2023. The NFT marketplace also disclosed that it would disable the Operator Filter, a feature that enforces creator royalties. According to the announcement, NFT collections that utilized the Operator Filter up until August 31 will have their creator royalties enforced till February 29, 2024, when the fees will become optional.  In the blog post, OpenSea explained the rationale behind its decision, saying the Operator Filt...

Bitcoin Price Prediction: A BTC Technical Event May Signal A New Bull Market As This Crypto Education Platform Surges Towards $1M

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The Bitcoin price rose over 1% in the past 24 hours to trade at $66,652.81 as of 8:15 a.m. EST as investors slowly start to accumulate the largest crypto by market cap. BTC’s lackluster 24-hour performance does not tell the full story, however, as a major bullish technical event is on the cusp of taking place. BTC and the rest of the crypto market might be close to entering the next highly-anticipated bull market as BTC’s 200-day Simple Moving Average (SMA) tries to rise to new heights. The Bitcoin Price Has The Support Of A Long-Term Technical Indicator Daily chart for BTC/USDT (Source: TradingView ) The 200 SMA on BTC’s daily chart is approaching the peak that it set on Feb. 24, 2022. Back then, the technical indicator reached a high of $49,452.  After rising above this technical barrier in October 2023, BTC soared to unprecedented heights. Now, the Bitcoin price has the support of this key long-term technical indicator. This could provide BTC with a s...