Crypto News

Litecoin price reached $110 on Friday, its highest level in over nine months. A popular crypto analyst says the macro downtrend for LTC may be over. Litecoin (LTC) currently trades around $104. But earlier in the day, LTC price hovered just above $110, its highest level since last July. LTC price reached an all-time high of $410 in May 2021. While current prices remain way off that peak, Litecoin’s latest bounce sees analysts predict what could be next. Litecoin touches $110: Is LTC set for vertical gains? Before LTC soared more than 15% on Friday, bulls had found it hard to break the psychological $100 level. Now with price hovering above the mark, a popular crypto analyst says Litecoin price could extend gains if bulls achieve a monthly close at $122.   “$ LTC needs to Monthly Close above the orange resistance ($122) & turn it into support like in 2020/2021 (green circle) to build on its recent Macro Downtrend breakout. Monthly Closing above $122 has historica...

Dogwifhat (WIF) strengthened its position as the top Solana-based meme coin. With a 20% spike on Friday, the popular meme coin hit $4 to reach a new all-time high. This came after WIF price pushed past the previous all-time high reached in mid-March. Chart showing dogwifhat price. Source: TradingView The gains saw dogwifhat flip Pepe in market cap after it reached $4 billion. Pepe, which had weekly gains of just 6% compared to WIF’s 64%, had its market cap at around $3.3 billion at the time of writing. At current prices of $3.63, WIF is way up on its all-time low of $0.001555 in mid-December 2023. Dogecoin breaks above $0.2 Dogwifhat’s recent surge has it poised behind meme coin heavyweights Shiba Inu and Dogecoin . DOGE has had a decent run of its own, with Dogecoin price hitting highs of $0.22. The original dog-meme coin has jumped more than 120% in the past 30 days. This upside has come as bets on DOGE futures rose to a record $2.2 billion amid bullish sentiment around po...

Jito (JTO) price bounced off lows of $2.79 and is eyeing new momentum above $3. A potential cup and handle pattern could see bulls target breakout alongside Bitcoin. With BTC outlook positive, a rally for JTO could bring a 50% upside from current levels. Jito (JTO) is looking to extend gains above $3 after bulls bounced off the support zone on March 29. JTO reached highs of $3.83 on March 16, tracking gains by Bitcoin and top altcoins as BTC reached a new all-time high above $73k and ETH broke above $4,000. Jito price outlook amid bullish Bitcoin sentiment Despite paring gains, Jito looks to have established a fresh support zone at $2.75. The resulting upside to above $3.20 keeps the restaking protocol’s price in an uptrend, which has been in place since JTO/USD bottomed in early January. In this case, the $3.50-$3.75 area looks crucial for bulls. Although Jito remains in an uptrend, there’s potential for a downward flip if bulls fail to consolidate above $3. If price climb...

Potential rebound signals for Arbitrum (ARB) despite the current 18.54% price drop. Algotech utilizes advanced AI for sophisticated trading strategies. Algotech presale raises $3 million, attracting over 8,500 unique ALGT token holders. In the dynamic world of cryptocurrency trading, trends can change rapidly, presenting both challenges and opportunities for investors. Today, we delve into the latest developments surrounding Arbitrum (ARB) and Algotech (ALGT) , two projects making waves in the crypto space. From price predictions to presale success, let’s explore what’s in store for these platforms. Arbitrum (ARB) price prediction Arbitrum (ARB) has recently experienced a notable price drop, declining by 18.54% over the past month to trade at $1.64 at press time. Despite this setback, technical analysis suggests a potential rebound in the near future. The 200-day moving average, trending upwards since February 28, 2024, indicates a robust overall trend. Additionally, the Re...

Bitwise applies for Ethereum ETF emphasizing spot trading but omitting staking features. Bitbot presale raises over $1.6 million, BITBOT tokens currently going at $0.0134. Next Bitbot presale stage expects BITBOT price to rise to $0.0141. Bitwise Asset Management has taken a bold step forward in the cryptocurrency market by applying to an Ethereum Exchange-Traded Fund (ETF), despite facing regulatory challenges. At the same time, Bitbot, a new Telegram bot , is also making waves as its token presale quickly sells out through its presale stages. Bitwise’s application for an Ethereum ETF Bitwise filed its S-1 form with the U.S. SEC for what it is calling the Bitwise Ethereum  ETH ETF with the SEC on Thursday. The application marks a significant milestone in the company’s journey into the cryptocurrency investment space.  The Ethereum ETF application includes a comprehensive correlation analysis between Ethereum and Bitcoin , highlighting similarities in market dynamic...

Ethena Labs has announced that the ENA airdrop is set for April 2, with trading on exchanges also open. Eligible Shard Campaign participants will be airdropped tokens amounting to 750 million, or 5% of ENA supply. Ethena Labs is set to mark the next step in its decentralization with one of the biggest airdrops in the crypto market . The Ethena Labs team announced that the highly anticipated ENA token airdrop happens next week, on April 2. Trading on crypto exchanges also opens on the day. Per the update, the DeFi protocol’s community will receive a distribution of 750 ENA tokens, which represent 5% of the total supply of 15 million ENA tokens. ENA distribution follows Ethena’s mainnet launch in February and marks the end of the project’s “Shard Campaign”. Users’ engagement and accumulation of “shards” ends on April 1, allowing the community to claim ENA tokens from April 2. ENA airdrop: Who’s eligible? According to an announcement from Ethena Labs, airdrop eligibility will ...

BlackRock CEO Larry Fink believes a spot Ethereum ETF is possible even if SEC designates ETH a security. Markets are upbeat amid this outlook despite current weakness. Meanwhile, investors eyeing new gems have identified new token Algotech (ALGT). BlackRock CEO Larry Fink has noted his bullish stance on Bitcoin, with the global asset management behemoth seeing massive uptake for its iShares Bitcoin Trust (IBIT) spot Bitcoin ETF. Fink is also optimistic about a spot Ethereum ETF. What does this mean for Ethereum price? Elsewhere, why is the new decentralized trading platform Algotech (ALGT) attracting so many investors to its presale? Larry Fink on potential spot ETH ETF In comments on Wednesday, BlackRock CEO Larry Fink said that designating ETH a security won’t be “deleterious”, noting that an ETH ETF was still possible. Various analysts have noted that a spot Ethereum ETF nod from the SEC is unlikely in May .  However, Fink’s comments align with the broader anticipati...

Bybit.nl brings more crypto services and products to Dutch users. The launch follows Bybit’s partnership with SATOS, a crypto platform with operations in the Netherlands and Belgium since 2013. Bybit has announced the launch of Bybit.nl, a regulated digital asset platform for users in the Netherlands. The crypto news comes as more people look into crypto trading and investing amid Bitcoin’s surged to above $70k. According to Bybit, expansion into Netherlands via Bybit.nl is part of the mission to bring crypto to more users across the globe. The new digital asset platform allows for this within the regulatory guidelines of the Netherlands. “ We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance ,” said Ben Zhou, co-founder and CEO of Bybit. Bybit taps SATOS to expand in the Netherlands Bybit is partnering with SATOS, a crypto service provider that has operated in the ...

Judge rules SEC vs. Coinbase case to proceed. US District Judge Kathrine Failla however granted Coinbase’s motion on its wallet. A federal judge has ruled that the US Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase will move forward. US District Judge Kathrine Failla gave the ruling on Wednesday, with the court’s order denying Coinbase’s motion to dismiss the case. Judge denies Coinbase motion The SEC sued Coinbase in June 2023 , alleging that the US-based company operated an unregistered crypto exchange and offered unregistered securities. Judge Failla allowed the SEC’s case noting that the regulator had “sufficiently pleaded that Coinbase operates as an exchange, as a broker, and as a clearing agency under the federal securities laws, and, through its Staking Program, engages in the unregistered offer and sale of securities.” The court however, granted Coinbase’s motion to dismiss SEC’s claims against Coinbase Wallet. “ Today, the Court de...

Tether has added native USDT on Celo blockchain. Celo ecosystem partners across P2P payments, lending, and remittances will leverage the stablecoin in their operations. Tether’s USDT is now live on Celo , a mobile-first and EVM-compatible blockchain. USDT integration on the Celo mainnet bolsters the blockchain platform’s stablecoin adoption and real-world assets (RWAs). “ This expansion introduces USDT to Celo’s robust ecosystem with over 1,000 partners in 150 countries, including Opera MiniPay’s ultralight stablecoin wallet in Kenya and Ghana, among other countries ,” the Celo Foundation said in a blog post . Tether and Celo initially announced their partnership on March 11. At the time, Tether CEO Paolo Ardoino commented that USDT integration on Celo was a “significant step forward” in the company’s mission to bring crypto to millions of people around the world. Ardoino noted Tether would leverage Celo’s unique capabilities to enhance Tether’s usability and accessibility. ...

Valkyrie co-founder and CIO Steven McClurg says a spot Ethereum ETF approval is unlikely in May. He says its likely a Litecoin or XRP spot ETF is approved before that of ETH. Steven McClurg, the co-founder and CIO of asset management firm Valkyrie, believes the US Securities and Exchange Commission (SEC) will not approve a spot Ethereum ETF approval in May. The Valkyrie CIO shared his remarks during a fireside chat at the Digital Wildcatters Empower Conference. Fox Business’ Eleanor Terrett shared McClurg’s opinion via her official X account on Wednesday, March 27. 🚨NEW: Some key takeaways from my fireside chat at @DWildcatters Empower Conference with @ValkyrieFunds CIO @stevenmcclurg : 📌He believes $ETH could be a security and the spot ETF will not get approved in May. 📌He thinks it’s more likely a $LTC or $XRP spot ETF gets approved… pic.twitter.com/6VjaBEXubL — Eleanor Terrett (@EleanorTerrett) March 27, 2024 What are analysts saying about spot Ethereum ETF? ...

Solana tokens Shadow Token and Neon rose sharply on Wednesday, hitting highs of $2.49 and $1.96 respectively. Coinbase announced it will list SHDW and NEON tokens. Solana tokens Shadow Token (SHDW) and Neon (NEON) are among those to post huge upside moves in the past 24 hours. SHDW has spiked more than 50% while NEON added more than 21% as the Solana ecosystem continues to experience greater growth. At the time of writing, Shadow Token price was at $2.09, slightly lower from the intraday high of $2.49 reached earlier. Meanwhile, NEON changed hands at $1.78. The token had earlier jumped to highs of $1.96 as the market reacted to Coinbase related news . Coinbase to list SHDW and NEON Leading US-based crypto exchange has announced that two Solana-based tokens – Shadow Token and NEON EVM are now added to its listing roadmap. This is a formal communication from the Coinbase team that they will be listing the given token(s). Assets added to the roadmap today: Shadow Token (SHDW) ...

Portugal data regulator CNPD has asked Worldcoin to halt activities for 90 days. Worldcoin also recently received a similar order in Spain. Worldcoin is in the news again, this time due to regulatory orders in Portugal. On March 26, Reuters reported that Portugal’s data regulator CNPD had ordered Worldcoin to halt all activity related to collection of biometric data in the country. The AI related project, co-founded by OpenAI CEO Sam Altman , should not collect any data for the next 90 days, CNPD ordered, with the move pegged on privacy concerns that have plagued Worldcoin’s operations in several countries since its launch in July 2023. Worldcoin data collection raises concerns According to Reuters, the crackdown on Worldcoin in Portugal relates to concerns over high risk to collected data, which stands at over 300,000 people across the country. Amid the need for data protection, the regulator also cited multiple complaints filed in February alleging unauthorised data collecti...

SolvBTC will catalyse further growth for the burgeoning Bitcoin DeFi ecosystem, Solv said in a press release. Initial launch will be across Ethereum, Arbitrum, BNB Chain and Merlin Chain. Solv, an on-chain fund platform that offers native yield strategies across the blockchain ecosystem, has launched the first yield-bearing BTC token . SolvBTC is an omnichain yield-bearing token that benefits from a diverse delta-neutral portfolio and will provide BTC-based yield of between 5-10%. Solv, which provides asset-yield for over 35,000 DeFi users, shared the news in a press release shared with CoinJournal on Tuesday. SolvBTC to boost Bitcoin DeFi ecosystem The new BTC-based token provides both exposure to Bitcoin as well as the benefits of holding a yield-bearing asset. How does this work? According to Solv , the omnichain token taps into a secure Trading Strategy Vault, with delta-neutral strategies executed across top DeFi protocols like GMX, Curve, and Aave. SolvBTC integrates ...

Bitcoin (BTC) price surges to above $71k again as spot Bitcoin ETFs record $15 million in net inflows. Stacks (STX) reached a new all-time high of $3.80 and analysts are bullish on its potential. New NFT and game project Bitcoin Dogs (0DOG) nears market launch; it captivated the community with its first-ever ICO on Bitcoin. Bitcoin has soared to above $71,000 again as spot BTC ETFs see net inflows for the first time in nearly a week. Meanwhile, analysts are bullish on Bitcoin L2 project Stacks (STX) , which hit a new all-time high as BTC broke above $71k. There’s also great anticipation around Bitcoin Dogs (0DOG) , a new project whose ICO on Bitcoin attracted over $13.4 million. Bitcoin price surges as spot ETFs see net inflows The spot Bitcoin ETFs market has witnessed a flip in flows following a streak of net outflows.  On Monday, March 25, the spot Bitcoin ETFs market recorded net inflows of over $15 million, the first positive return for the US-listed ETFs that had ex...

Jasmy has announced a partnership with tech giant Panansonic Following the news, JasmyCoin (JASMY) price soared to above $0.023. On Tuesday, March 26, Jasmy Incorporated announced that it was teaming up with Panasonic Advanced Technology Development Co.,Ltd. The collaboration aims at creating a Web3-based platform that will connect personal information with Interenet of Things (IoT) devices. Jasmy CFO Hara shared the news on X. #JASMY and #Panasonic Advanced Technology begin collaboration to develop #IoT platform. We will spend 3-6 months building a platform that ties a personal data locker, a decentralized DB, to the IoT and allows device information to be attributed to individuals and provided to… — HARA (@HARA_JasmyCFO) March 26, 2024 According to details in a press release , the new platform will integrate information that individuals generate with that of IoT devices to enable a highly secure storage and sharing of personal information. The new platform will tap ...

ONDO is one of the RWA tokens attracting huge attention. Whale activity spikes amid tokenization spree. Data shows whales are buying tokens such as Polymesh, Pendle and TokenFi. Ondo Finance has surged into the top 100 cryptocurrencies by market cap amid upside momentum for its native token ONDO. On Monday, March 25, the price of ONDO rose to a new all-time high of $0.9702. Intraday gains at the time of writing was 15%, while Ondo Finance has surged more than 88% this past week and over 116% in the last 30 days. ONDO price hovered around $0.8997 at the time of writing. ONDO surges amid whale activity The real-world-assets (RWAs) space is one of the hottest crypto segments today, with multiple projects in the sector rallying amid unprecedented surge in interest and investment. Whales or large investors have aggressively looked to add to their positions in RWA related coins. Ondo Finance’s growth in the RWA ecosystem has seen large investors take notice. Data shared by Loo...

Dogecoin overtakes Cardano to become the 8th largest crypto. Dogecoin’s surge is fueled by social media buzz & market surge. Bitbot, a new telegram bot project, raises $1,378,018 in its seventh stage of the ongoing token presale. In a dynamic turn of events, Dogecoin (DOGE) has surged ahead, overtaking Cardano (ADA) to become the 8th largest cryptocurrency by market capitalization. This comes amidst intensifying competition in the cryptocurrency market, fueled by the emergence of innovative projects such as Bitbot , a new Telegram bot token. Dogecoin price up 100% in a month Over the past month, Dogecoin’s price has seen remarkable price movements, experiencing a significant surge of over 100.83%. Recent market dynamics suggest that this rise may be attributed to the buzz created by social media influencers. According to data from crypto analysts, Dogecoin’s price surge is closely correlated with increased social media activity. The uptick in the number of interactions...

Polygon zkEVM halted operations following a sequencer issue. MATIC price was poised above $1.00 despite the negative development. Meanwhile, Bitbot reached stage 7 of its presale, with growing interest in Telegram bots pushing the total raised amount to over $1.3 million. Polygon zkEVM mainnet beta is back online after a sequence issue caused an outage, the Polygon team has announced.  MATIC price held strong despite the setback while investors keen on opportunities in the Telegram bots space flocked to Bitbot . The project’s presale has surpassed $1.3 million. Polygon zkEVM resumes operations after outage fix Polygon Labs announced early Monday that the mainnet beta of Polygon zkEVM was back online after facing an extended outage over the weekend. MATIC, the native token of the Ethereum scaling and infrastructure development platform, traded up after holding onto gains despite the sequencer issue that saw Polygon zkEVM mainnet beta go offline for several hours. Per the...

BlockDAG has impressed analysts with a $6.8 million presale The Maker token (MKR) has fallen off its recent $3.3k high to test support levels at $2.7k Starknet has had a promising first month of trading A growing number of crypto enthusiasts are making comparisons between the new BlockDAG coin and established tokens like Maker (MKR) and Starknet (STRK). The focus is on how BlockDAG ‘s advanced technology potentially reshapes banking, setting a new benchmark in the industry and challenging the traditional frameworks. Maker (MKR) Price Dynamics The Maker token (MKR) has recently seen a whirlwind of activity with its price experiencing substantial volatility. The MKR price soared to a yearly high of $3.3k, subsequently retracting to $2.7k. This fluctuation reflects market sentiment and strategic movements within the ecosystem, with significant entities and whales capitalising on these shifts. The Maker (MKR) price oscillations are more than mere numbers but signify the continuous ...

Key takeaways Reddit’s stock ends trading at $50.44 per share, up by 48% on its market debut. Sub-Reddit memecoins MOON and BRICK could rally higher on Reddit’s successful IPO.  Reddit shares up by 48% on market debut Social media platform Reddit finally debuted on the New York Stock Exchange (NYSE). The company’s stock, with a ticker symbol RDDT, began trading on the NYSE on Thursday, March 21st. By the end of the trading day, RDDT was up by 48% as investors took the opportunity to buy the company’s shares.  Reddit attracted investors despite the company not turning an annual profit since launching in 2005. However, the company promises investors that its content will be the training ground for artificial intelligence (AI) programs. The company also recently struck a data licensing deal with Google worth about $60 million a year. This move further convinced investors that Reddit could soon turn over its loss-making fortunes.  With Reddit now a publicly tra...

Polygon PoS implements Napoli hard fork, integrating Dencun upgrades and RIP-7212. RIP-7212 introduces precompile support for secp256r1 curve, enhancing interoperability. The collaborative effort among Layer 2 projects signals a collective push for Ethereum scaling. Polygon PoS sidechain has propelled Ethereum’s scalability efforts with the successful execution of the Napoli hard fork , marking a significant milestone in blockchain technology. This transformative upgrade introduces groundbreaking features from Ethereum’s Dencun upgrade , alongside the activation of RIP-7212, signalling a new era of interoperability and efficiency. Napoli Hard Fork enhancements Polygon’s implementation of the Napoli hard fork brings forth three pivotal upgrades derived from Ethereum’s Dencun upgrade. A standout feature of the Napoli hard fork is the activation of RIP-7212 on the Polygon PoS sidechain, making it the pioneer network to support this advancement. As part of today's Napoli Ha...

Exaion, EDF’s subsidiary, joins Chiliz Chain as validator Exaion joins PSG, an iconic soccer club, in becoming Chiliz Chain validators. The collaboration enhances blockchain security, fan engagement, and revenue generation. In a move signalling a strategic partnership between the energy and blockchain sectors, Exaion, a subsidiary of the French state-owned energy company EDF, has officially become a validator on the Chiliz Chain. This development marks a significant step forward in the convergence of energy expertise and blockchain technology. Exaion’s expertise aligns with Chiliz’s vision Chiliz, renowned for its fan token trading platform Socios.com, has recognized the potential of Exaion’s expertise in energy and technology. With a focus on digital transformation and energy efficiency in data centres, Exaion’s involvement as a validator underscores Chiliz’s commitment to enhancing its blockchain network’s security and resilience. Exaion’s co-founder, Fatih Balyeli, describ...

Dogecoin (DOGE) soars again amid reports Coinbase plans to list DOGE futures. As investors seize on opportunities in the market, attention is firmly on Memeinator (MMTR). Memeinator has raised more than $7.5 million, with just a few tokens remaining in final presale stage. Memeinator, is in its final presale stage, with tokens worth less than $215k to go. Interest in the new meme coin is skyrocketing in these final hours. Meanwhile, Dogecoin , the original meme crypto, could be on the cusp of fresh traction with Coinbase listing of DOGE futures. Read on to find out why investors are excited about Memeinator . Coinbase plans Dogecoin futures The price of Dogecoin rose as altcoins bounced alongside Bitcoin following Wednesday’s FOMC meeting. DOGE price broke above $0.15, spiking more than 18% in 24 hours.  The gains came as crypto and stocks flipped green following Fed’s signal that lower rates are on the cards. However, Dogecoin also received another boost in news related...

Robinhood Wallet is now officially available to Android users globally. Users on public waitlist can download app and access crypto from across the world. Robinhood has officially announced global accessibility for its crypto wallet for eligible Android users. The company confirmed the roll out via a blog post on March 20. Robinhood Wallet brings crypto to millions of Android users With Robinhood Wallet now available to all eligible Android users, Robinhood is fulfilling part of its mission to bring crypto to the masses. Android accounts for 70% of the global market share of mobile OS and Robinhood Wallet’s accessibility on these devices means the company could reach millions of crypto users. “Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life for millions of people around the world,” Johann Kerbrat, Robinhood Crypto general manager, said in a statement. “Whether you’re in A...

As the cryptocurrency market battles downside pain, several altcoins have dipped to levels where they present the greatest opportunity for upside returns. Analysts at Santiment have identified Storj (STORJ) and Synthetix (SNX) as two of these altcoins. Elsewhere, there’s fresh interest in KangaMoon (KANG) , a project whose presale shows increasing confidence from crypto investors. Analysts spotlight buy opportunity for STORJ, SNX As Bitcoin price fell to lows of $61k on Tuesday, a key metric suggested a number of altcoins are largely underbought and currently hover in the buy zone. Analysts at market intelligence and analytics platform Santiment have pointed to its MVRV Opportunity & Danger Zone Model for this prediction. According to Santiment, “ projects with minimal returns compared to the rest of the sector have a higher probability of a more efficient rebound for those who are willing to ‘buy the dip ’”. This is the outlook for tokens such as Bounce, Lido, OMG, Storj and...