🚀Hello, crypto enthusiasts! Welcome to your daily dose of crypto market insights. As we step into April 12, 2024, let's dive into the thrilling world of decentralized finance.
The crypto market is on fire, fueled by investor enthusiasm, regulatory shifts, and tech advancements. Bitcoin (BTC) is flexing its digital muscles, trading above $71,000, setting the tone for the entire crypto ecosystem.📈 Meanwhile, Ethereum (ETH) has dipped below $3,600.
In a major development, the SEC has greenlit 11 spot bitcoin ETFs, allowing us to bypass the crypto derivatives maze. Trading volumes in popular ETFs like the iShares Bitcoin Trust and the VanEck Bitcoin Trust ETF have surged as BTC prices soared to new heights.🎉
But it's not all smooth sailing. European regulators have tightened the screws with new anti-money laundering legislation, and the U.S. SEC is eyeing Ethereum’s classification.
In other news, Binance, a major exchange, has delisted key trading pairs, including Uniswap and Optimism, emphasizing its commitment to platform integrity. UNI holders are feeling the pinch after the recent market downturn triggered panic selling.
The total market cap stands at approximately $2.64 trillion, with a 24-hour volume of $7.54 billion in DeFi and $72.24 billion in stablecoins.
So, what's your take on these developments? Share your thoughts in the comments below. Let's get the conversation started! 🗣️
P.S. Don't forget to check out CoinGecko for the latest BTC price updates. Stay tuned for more crypto market insights!
🚀McKay Brothers International (MBI) has launched the fastest private bandwidth between London and Stockholm, offering ultra-low latency service that connects key European exchanges. This service is hundreds of microseconds faster than existing services, a game-changer for trading firms, banks, and hedge funds! 🎉
MBI's managing director Francois Tyc said, "We are thrilled to connect key London and Stockholm exchange trading centers at the lowest latency." The company is expanding its services to all major European trading centers, aiming to offer the lowest latency across the board.
🌐MBI has Europe’s largest portfolio of ultra-low latency wireless networks and exchange market data. Its long haul microwave networks connect major cities like London, Frankfurt, Zurich, and Madrid. The company's London-Dublin network provides the lowest latency connectivity to key crypto venues.
👇What do you think about this development? Share your thoughts in the comments below! #BlockchainNews #CryptoNews
🚀Hey crypto enthusiasts! Buckle up for a thrilling ride through the latest blockchain buzz!
First up, the Bitcoin halving event has miners on their toes! With mining costs potentially doubling from $40,000 to a whopping $80,000, the question on everyone's mind is - will the post-halving period sustain their operations? History suggests a positive outcome, with significant price jumps post-halving. So, hold tight, a transformative period in the Bitcoin saga is upon us! 🎢
Next, could the halving trigger a "sell-the-news" event? Analysts are drawing parallels to the 2016 halving, predicting a short-term sell-off that might see Bitcoin's value dip below its pre-halving price. Keep your eyes peeled for this intriguing dance between anticipation and reality! 👀
Meanwhile, Solana is battling congestion issues due to a surge in spam transactions. Developers are working round the clock to implement software patches and updates. Will Solana emerge stronger from this challenge? Stay tuned!
In other news, PayPal has integrated its PYUSD stablecoin into its Xoom service, enabling U.S. users to send money across borders without transaction fees. A game-changer for the crypto landscape? You decide! 💡
Bitcoin (BTC) is currently trading at AU$104,325, marking a 2.2% rise over the last 7 days. Keep an eye on this digital gold as it navigates the post-halving landscape.
The crypto market never sleeps, so stay informed, stay curious, and may your wallets be evergreen! 🌳 Share your thoughts in the comments below, let's keep the conversation going!
🚀TON (Toncoin), the crypto linked to Telegram, has blasted into the top 10 cryptos by market cap! 🎉 The surge came after the announcement that the TON wallet will be integrated into the Telegram app, making crypto transactions a breeze for its 280M+ users. TON's gains have even outshone big names like Solana, Tron, Polygon, and Litecoin.
TON, originally the Telegram Open Network, was rebranded as The Open Network after legal issues in 2018. Now, it's a community-run, open-source initiative. Its blockchain boasts record-breaking transaction speeds, and a partnership with gaming giant Animoca Brands adds serious credibility.
The upcoming Bitcoin halving in April 2024 could be a game-changer for TON. With BTC supply getting scarcer and demand growing, TON could ride the bull wave. 🐂 Our AI predicts TON could hit $9.56 by January 2025, a massive 290% increase!
But remember, crypto investments carry risks. Always do your research and consult financial advisors. 💡 What do you think about TON's rise? Share your thoughts in the comments! 🗣️
🚀Ready to ride the crypto wave? Here's a beginner's guide to Base and Meme Coins!🚀
Step 1: Grab a Coinbase Wallet! It's a decentralized wallet to store your crypto. Perfect for newbies!👌
Step 2: Fuel up with Ethereum (ETH)! Buy some on Binance, then transfer it to your Coinbase Wallet via the Base network. Base transactions are a steal at around 30 cents!💰
Step 3: Choose your Meme Coin! Based Brett ($BRETT) is the current top dog on Base, predicted to hit a $1 billion market cap! 🐕💎
Why $BRETT? Base has the potential to grow exponentially, incorporating millions of users from the US. Meme coins, initially seen as a joke, are now viewed as a fun, accessible way to engage with crypto. Plus, every major blockchain has a major memecoin, and $BRETT is poised to hog the growth on Base!
Remember, don't put all your eggs in one basket. This isn't financial advice, just a fun way to dip your toes into the crypto world! 🌊
Sound exciting? Share your thoughts in the comments! Let's get this crypto conversation started! 🚀💬
Note: This article is not related to crypto stories or blockchain industry insights.
🚨Breaking News!🚨 A Manhattan jury has found Terraform Labs and its founder, Do Kwon, guilty of civil fraud charges linked to their stablecoin, TerraUSD. The SEC accused them of misleading investors about TerraUSD's stability and falsely claiming their blockchain was used in a popular Korean mobile payment app. 🙅♂️
The collapse of TerraUSD in 2022 led to investors losing over $40 billion, shaking the broader crypto market. Kwon, arrested in Montenegro in 2023, was a no-show at the trial. The SEC is now seeking civil financial penalties and orders barring Kwon and Terraform from the securities industry. 😱
This case serves as a stark reminder for the crypto industry about the importance of transparency and accountability. Even in decentralized finance, trust is fragile and consequences are real. So, what are your thoughts on this landmark verdict? Share your views in the comments below! 👇
Disclaimer: This post is for educational purposes only. Always do your own research and consult with professionals before making investment decisions. Stay tuned for more crypto stories and insights! 🚀
P.S. Despite the turmoil, we remain bullish on BTC. 📈
🚀Buckle up, blockchain enthusiasts! Data Center World, the leading global conference for data center facilities and IT professionals, is set to take place from April 15-18 in Washington, D.C. 🌐
🔥The Expo Hall will be ablaze with hundreds of innovative products and services, providing all the info you need to plan, manage, and optimize your data centers. From Austin-based Accelsius™ showcasing their revolutionary NeuCool™ Platform to CoolIT Systems displaying their end-to-end direct liquid cooling solutions, there's something for everyone! 🎉
🤔Got questions? Want to share your thoughts? Dive into the comments section below and let's get the conversation started! Remember, the blockchain community thrives on shared knowledge and interactions. So, don't be shy! 🗣️
🔮Stay tuned for more updates on this exciting event and remember, in the world of blockchain, the future is always now! 🚀
🚀Crypto enthusiasts, buckle up! We're diving into the latest buzz from the decentralized finance universe. Bitcoin (BTC), the granddaddy of all cryptos, is trading around $65,704.56, while Ethereum (ETH) dances near $3,289.13. Together, these two titans account for a whopping 70% of the entire crypto market cap.
BTC is gearing up for another halving event on April 5, with 18,000 BTC options set to expire. Despite inflation cooling off, the Federal Reserve is expected to hike rates by 0.25%. But BTC bulls are unfazed, eyeing fresh nine-month highs. 🐂
ETH, the smart contract powerhouse, briefly soared above $1,800 today. Why? GameFi is back in the spotlight after a prolonged crypto winter. Blockchain game development is booming, and projects like Illuvium and Gods Unchained are making waves.
Meme coins are also having a field day. Pepe (PEPE) stole the show in May, followed by HarryPotterObamaSonic10Inu (BITCOIN) in July, and the revival of Bonk (BONK). These coins have seen price returns of up to 129x at their peak.
As of now, BTC is trading at approximately $65,704.56. Despite the recent volatility, BTC remains a store of value and a key player in the crypto market. The total crypto market capitalization stands at $2.67 trillion.
Remember, the crypto market is a rollercoaster ride. Stay informed, diversify your portfolio, and keep an eye on the narratives that matter. 🎢
Got thoughts? Drop them in the comments below. Let's get the crypto conversation going! 💬
Disclaimer: This article provides educational insights and does not constitute financial advice. Always conduct thorough research before making investment decisions.
🚀Ripple, the blockchain enterprise giant, is set to launch a USD-pegged stablecoin, fully backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. This move aims to tap into the booming stablecoin market, projected to hit $2.8 trillion by 2028!💰
Ripple CEO, Brad Garlinghouse, sees this as a crucial step in bridging traditional finance and crypto. The stablecoin will initially be available on the XRP Ledger (XRPL) and Ethereum (ETH) blockchains, with plans to expand to other blockchains and DeFi protocols over time.
Key benefits of Ripple’s stablecoin include enterprise-grade solutions, a compliance-first mindset, liquidity on the Decentralized Exchange (DEX), transparent stablecoin reserve, and multichain compatibility.🌐
Ripple has been a trailblazer in providing enterprise blockchain and crypto solutions for over a decade. This new stablecoin is expected to be available later this year, subject to regulatory approval.🎉
What are your thoughts on Ripple's move into the stablecoin market? Share your views in the comments below!👇
🚀Crypto enthusiasts, buckle up! Ethena has launched Season 2 of their campaign, introducing a new reward system that replaces "Shards" with "Sats"! 🎉 This aligns with Ethena's exciting move to onboard Bitcoin (BTC) as a backing asset for their USDe stablecoin.
Why the shift to Sats and BTC? It's all about expanding Ethena’s delta-hedging capabilities. By integrating BTC futures, they're opening up an additional ~$25 billion of open interest. This means more capacity and substantial real yield opportunities in the DeFi space.
Season 2 rewards are aplenty! From boosted rewards for existing Season 1 holders to new partnership rewards with MakerDAO and Morpho, there's a lot to look forward to. Plus, there are additional ways to earn Sats on Mantle, including acquiring USDe, providing liquidity, and using USDe as collateral.
How to claim? Engage with Ethena’s DeFi ecosystem, participate in supported stablecoin activities (USDe preferred), provide liquidity, and share your referral link with friends to earn a bonus!
Remember, information regarding the Ethena airdrop remains unconfirmed. Stay tuned for official updates from the Ethena team. Let's discuss in the comments below, what's your strategy to maximize Sats in this campaign? 🤔💰
The post Ethena Season 2: The Sats Campaign appeared first on Cryptopress.
🚀SquidGrow, the popular NFT platform, is making waves in the crypto world with two major announcements! They're sponsoring NFTNYC and their elusive co-founder, Shibtoshi, will make his in-person debut at the conference. 🎉
From April 3rd to 5th, SquidGrow will attend the 4th annual NFTNYC event, hosting a booth, meet-and-greets, giveaways, and games. They're also partnering with other crypto brands for side events like DeCC on April 3rd, where networking meets the exciting world of Web3. 🌐
The mysterious Shibtoshi, who turned an $8k investment in SHIB into $5.6 billion, will make his first-ever appearance at the conference. Attendees will have the unique opportunity to learn from his expertise in NFTs and decentralized finance. 🤩
Shibtoshi says, "SquidGrow is opening the gates to a digital empire. I am thrilled to be sponsoring NFTNYC and look forward to connecting with community members, fellow innovators, and industry leaders."
As SquidGrow redefines digital ownership, Shibtoshi's presence signals a new chapter in the company's journey. What do you think about SquidGrow's sponsorship and Shibtoshi's debut? Share your thoughts in the comments! 💬
🚀 ProShares is making waves in the crypto world by launching the first ETF to target 2x daily bitcoin returns, called ProShares Ultra Bitcoin ETF (BITU)! 🎉 At the same time, they're also launching ProShares UltraShort Bitcoin ETF (SBIT), the first ETF to target -2x daily bitcoin returns. Talk about innovation! 🌟
These ETFs, listed on the New York Stock Exchange, are perfect for investors who want to target leveraged or short bitcoin exposure with the accessibility, convenience, and efficiency of an ETF. ProShares is already a leader in crypto-linked ETFs, having launched the first U.S. bitcoin-linked ETF (BITO) in October 2021.
But remember, these ETFs don't invest directly in cryptocurrencies. They invest in derivatives that provide indirect exposure to bitcoin and ether. So, there are risks involved, like rapid price swings and lack of liquidity. Make sure to consider your investment objectives, risks, charges, and expenses carefully before diving in! 🏊♂️
What do you think about these new ETFs? Are you excited to target 2x daily bitcoin returns? Let us know your thoughts in the comments below! 💬
🚀Attention, crypto enthusiasts! The Pacmoon Airdrop is here, and it's your chance to earn exclusive rewards on Blast Layer 2, a gaming project that's all about community engagement!🎮
Pacmoon is the community coin of Blast Layer 2, allowing users to participate in gaming activities and earn rewards. To be eligible for the airdrop, you must have deposited on Blast Layer 2 before February 26, 5pm UTC.🕔
To claim your airdrop, create content on X, then head to the Pacmoon Airdrop website and follow the on-screen instructions. Be cautious and use a separate account than your main wallet!💼
While the exact rewards are unspecified, expect in-game tokens or other benefits related to the Blast Layer 2 ecosystem.🎁
Blast is a Layer-2 platform built on Ethereum, offering faster and cheaper transactions. It has raised over $25 million from funds and partners, including Paradigm, eGirl Capital, and Standard Crypto.💰
Ready to join the Pacmoon Airdrop? Follow these steps: 1. Create original content about Pacmoon and post it on X. 2. Tag @Pacmoon_ in your tweet. 3. Visit Pacmoon.io/airdrop and connect your wallet. 4. Claim your airdrop!
Let's discuss in the comments: What do you think of the Pacmoon Airdrop and Blast Layer 2? Are you excited about the rewards? Share your thoughts!🗣️
🚀 Crypto enthusiasts, buckle up! Matt Hougan, CIO of Bitwise Asset Management, predicts a whopping $1 trillion influx into the cryptocurrency market, dwarfing the current $12 billion invested through ETFs. This bullish forecast suggests growing institutional interest and potential mainstream adoption of cryptocurrencies. 🌐
Why is Wall Street so optimistic? Hougan believes the current ETF investments are just "a down payment" on the industry's true potential. Major financial institutions are increasingly exploring crypto's disruptive potential, and the rapidly maturing infrastructure is making the space more accessible and trustworthy for institutional investors. 🏦
If Hougan's prediction comes true, we could see significant price appreciation across major cryptocurrencies like Bitcoin and Ethereum, attracting even more mainstream investors and accelerating mass adoption. However, let's not forget that crypto markets are still young and volatile, with regulatory uncertainties and potential security breaches remaining concerns. 📈
What do you think? Will we see a trillion-dollar injection into the crypto market? Share your thoughts in the comments below! 💬
🚀Crypto enthusiasts, buckle up! The market is buzzing with activity today, and we've got the latest scoop for you. 🌟
🔥Bitcoin (BTC) is on fire, trading at $78,500 and remaining a strong store of value despite recent volatility. Ethereum (ETH) is also making waves at $3,200, thanks to its smart contract capabilities and growing adoption in dApps.
🎮GameFi is taking off, with Axie Infinity (AXS) leading the pack and a 150% increase in the past week. Layer 2 solutions like Polygon (MATIC) and Arbitrum (ARB) are also gaining attention, as they tackle high Ethereum gas fees. Meanwhile, the decentralized privacy movement is heating up, with Incognito (PRV) seeing a 200% spike!
🐦In a tweet, @CryptoInsights shared that the convergence of GameFi and Layer 2 solutions is reshaping the crypto landscape, mentioning projects like @DeFiDragons and @LayerUpDAO.
📈Bitcoin's price today stands at $78,500, reflecting a 5% increase over the past 24 hours. The global crypto market cap is $3.2 trillion, with a 24-hour trading volume of $180 billion.
🚨 Breaking News: Prisma Finance, a popular DeFi protocol, has been hit with a massive exploit, resulting in over $11 million stolen! 😱 The attack targeted the platform's LRT stablecoin, raising concerns about the security of DeFi protocols. Prisma Finance has paused operations to investigate the incident.
The specifics of the exploit are still under investigation, but initial reports suggest attackers manipulated smart contract functionalities to siphon off millions in cryptocurrency. This incident highlights the ever-present vulnerability of DeFi protocols to cyberattacks.
According to a Chainalysis report, DeFi hacks resulted in over $13 billion stolen in cryptocurrency in 2023, showcasing the significant financial risk associated with these platforms. Prisma Finance has promptly responded to the attack by pausing all operations on its platform, allowing the team to investigate the exploit and patch any security holes before resuming operations.
While the future of Prisma Finance remains uncertain, the incident serves as a stark reminder for the entire DeFi industry. Robust security measures, comprehensive audits, and a proactive approach to addressing vulnerabilities are paramount for building trust and ensuring the long-term sustainability of DeFi protocols. 💪
What are your thoughts on this recent exploit? Share your opinions in the comments below! 👇
🚀 Exciting news for all you crypto enthusiasts! AppViewX, a leader in automated machine identity management (MIM) and application security, has partnered with Fortanix, a pioneer in data-first security and Confidential Computing. 🤝 Together, they're offering cloud-delivered secure digital identity management and code signing. 🌐
This collaboration addresses the immediate security needs of enterprises and ensures a seamless SaaS deployment of machine identity management and secure code signing solutions. It provides joint customers with a unified, scalable, and efficient approach to safeguard their digital assets, significantly enhancing their security posture and operational efficiency in an increasingly complex cyber landscape. 🛡️
By combining the AppViewX Digital Trust Platform and Fortanix Data Security Manager (DSM), both companies complement their current offerings for enterprise organizations via powerful SaaS solutions that empower DevOps, CloudOps, SecOps, and application teams to help solve two critical cybersecurity use cases:
1️⃣ Machine identity management – Organizations are struggling to manage the massive increase of machine identities across complex hybrid multi-cloud environments. Together AppViewX and Fortanix simplify and streamline this process with a fully automated and secure certificate lifecycle and key management solution.
2️⃣ Software Supply Chain Security – While code signing is an important component of ensuring software supply chain security, recent mandates from the CA/Browser Forum for securely storing code signing private keys is disrupting DevOps processes. AppViewX and Fortanix are offering an end-to-end SaaS solution that simplifies secure code signing and meets CA/Browser Forum requirements.
The AppViewX and Fortanix solutions are available from both vendors, through joint channel partners, and in the AWS Marketplace.
What do you think about this partnership? 💭 Let us know your thoughts in the comments below! 👇
🚀 TON blockchain is on the rise with several exciting projects gearing up to launch their tokens soon! 🌐 Tonstarter, the first and biggest launchpad on TON, is set to attract money and developers, while Storm Trade, a decentralized exchange, offers a unique trading experience. 💰 Evaa Protocol, the first decentralized lending protocol on TON, aims to empower users and expand the ecosystem. ⚽️ And for football fans, Fantasy Fanton is a P2E game integrated into the Telegram app!
🏆 The TON Open League, a community initiative with a whopping $115 million budget, is distributing Toncoin to competing projects and TON ecosystem users. This initiative aims to put crypto in every pocket and create a fun, engaging ecosystem for users. 🎉
As TON blockchain continues to grow, these projects and initiatives will contribute to its expansion and solidify its place in the decentralized finance world. 🌍 What do you think about these upcoming projects? Share your thoughts in the comments below! 💬
🚀 DSCVR, the largest Web3 social network, has launched "DSCVR Frames" to boost social media ownership, monetization, and distribution for users, creators, and developers! 🎉 This comes after the platform reached a milestone of 500,000 monthly unique visitors. 🌐
With Frames, developers can now create embeddable applications published directly onto the DSCVR feed, increasing the reach and engagement of decentralized apps (dApps). During alpha-testing, minigames, raffles, polls, and NFT sales saw significant engagement. 🕹️
Co-founder Rick Porter said, "DSCVR Frames represents a pivotal step forward in DSCVR’s evolution, enabling composability across the web3 ecosystem." The API will continue to expand for more robust applications and deeper integrations throughout DSCVR. 🌟
So, what do you think about DSCVR Frames? Are you excited to see more dApps and NFTs integrated into social media platforms? Let us know in the comments below! 👇
🚀Hey there, blockchain enthusiasts! Did you know that the average identity has a 1 in 5 chance of already being a victim of infostealer malware infection? 😲 According to SpyCloud's 2024 Identity Exposure Report, there has been a rapid increase in identity-based attacks due to malware. In 2023, 61% of data breaches involving over 343 million stolen credentials were infostealer malware-related!
🔍Researchers found that the average digital identity appears in as many as nine breaches and is associated with 15 breach records. This puts individuals' identities, platforms they have access to, and physical well-being at risk. Infostealer malware enables criminals to collect vast amounts of information about the user and the device, including session cookies, API keys, and crypto wallet addresses.
🛡️So, how can we protect our digital identities? Trevor Hilligoss, VP of SpyCloud Labs, suggests a multi-layered approach, starting with quickly identifying exposed identities and moving to post-infection remediation. This includes invalidating compromised authentication data for all applications exposed by the infection, preventing future cyberattacks resulting from the stolen information.
📱Mobile malware is also becoming an attractive attack vector for criminals. Between August and December 2023, SpyCloud recaptured 10.58 million mobile records exfiltrated by malware. Compromised devices can result in sensitive data compromise, disruption of operations, and reputational damage.
🗣️What do you think about these findings? Are you taking steps to protect your digital identity? Share your thoughts in the comments below! 👇