April 6, 2024

DApp Activity Sees Surge Amid Bitcoin’s All-Time High in Q1 2024

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...
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3 Suspects Arrested as Hong Kong Police Rescue Teen in Crypto-Related Attack (Report)

Hong Kong authorities captured three teenagers and rescued a 19-year-old who had fallen victim to a harrowing ordeal involving assault and unlawful detention last month. The police are actively hunting the remaining six individuals – comprising four males and two females – suspected to be involved. Hong Kong Teen Assaulted Over Crypto Profits According to...
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Dogecoin (DOGE)’s 20% Dip, Shiba Inu (SHIB)’s 170% YTD Surge, and Furrever Token (FURR)’s with High ROI Potential

The cryptocurrency market has recently put the spotlight on three distinctive tokens: Dogecoin (DOGE), with its path to recovery after a notable dip; Shiba Inu (SHIB), presenting a bold long-term surge prediction; and Furrever Token (FURR), making strides in its presale phase. Dogecoin’s 20% correction has been a talking point among investors and analysts alike,...
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Bithumb Korea’s Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

Bithumb Korea’s fiscal performance for the year 2023 took a significant hit as it remained unfazed by the improvement in the trading volume that the platform witnessed throughout the year. With a more than 57% decline in annual revenue, dropping from 3.201 billion Korean won in 2022 to 1.358 billion won in 2023, Bithumb’s disappointing...
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Restaking Emerges as Ethereum’s Second Largest DeFi Sector: Report

A recent report by Coinbase Research uncovered that restaking has emerged as the second-largest sector in decentralized finance (DeFi) on Ethereum. The study highlights EigenLayer’s restaking protocol as an important component for new services and middleware on the Ethereum network, potentially offering significant ETH rewards for validators in the future. EigenLayer’s Restaking Protocol Ethereum’s proof-of-stake...
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DOGE at $1, XRP to $5.25, BTC Close to $200,000: Outrageous Price Predictions for 2025

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...
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Bitcoin Miners Compete for Profitability Ahead of Halving: CryptoQuant

With the fourth Bitcoin halving approximately 15 days away, miners are focused on increasing their profitability before their block rewards are significantly reduced. Although some Bitcoin mining companies have increased their selling activity, they still face challenges like lower transaction fees, increasing mining competition, and the need for higher computing power to produce the same...
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World’s First Bitcoin ETF Has Lost 20% of Assets Since BlackRock Approval

The Purpose Bitcoin ETF (BTCC) – the world’s first Bitcoin exchange-traded fund – has struggled to compete with its U.S. counterparts since its January debut. The Canadian fund has lost 20% of its Bitcoin (BTC) under management over the past three months, despite rising demand and record-high prices for the asset during that time. Purpose...
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Will Ethereum Survive IF Spot Ethereum ETF Denied Here’s 3 Key Possible Scenarios

Ethereum (ETH), the second largest cryptocurrency by market cap is grappling with shifting market sentiments, as investor attention remains focused on the possibility of a spot ETF approval by May 2024. With probabilities fluctuating and market sentiments evolving, Daan Crypto Trades highlights key scenarios that could impact ETH’s performance in the coming months. Ethereum ETF...
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SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report

Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against the fallen former crypto mogul in a legal case launched by the Securities and Exchange Commission. Do Kwon and his crypto brainchild – Terraform Labs – were found guilty of misleading...
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SimpleSwap Updates its Loyalty Program With BTC Cashback

[PRESS RELEASE – George Town, Cayman Islands, April 5th, 2024] SimpleSwap is a user-friendly exchange platform, designed specifically to make crypto trading smooth and hassle-free. This service has been on the market for more than 5 years now and it continues to surprise its customers with clear and profitable crypto solutions. One of such tools...
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Bitcoin (BTC) $ 98,627.43 0.83%
Ethereum (ETH) $ 3,343.80 0.96%
Tether (USDT) $ 1.00 0.02%
Solana (SOL) $ 258.75 0.53%
BNB (BNB) $ 662.53 5.23%
XRP (XRP) $ 1.55 12.48%
Dogecoin (DOGE) $ 0.45942 16.73%
Cardano (ADA) $ 1.09 26.52%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,342.25 0.92%