Author: News Room

Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66 per coin. Wormhole’s New Airdrop W […] Read the full article here

A crypto strategist is issuing a warning on Ethereum, saying that ETH is now in the midst of a major correction. Pseudonymous analyst Ali Martinez tells his 56,500 followers on the social media platform X that Ethereum is now bearish after breaking below support at $3,400. The trader shares a chart suggesting that ETH may witness an over 14% decline from current levels after confirming a bear pennant breakdown. “The most brutal scenario for Ethereum right now is breaching the $3,400 support level. Such a move could confirm a bear pennant formation on the daily chart, potentially triggering a major…

Investor Dan Tapiero says that traditional financial asset classes are experiencing a mass slow bleed as they devalue against digital assets. Speaking at the Bitcoin Investor Day event in New York, Dan Tapiero, the CEO of crypto investment firm 10T Holdings, says that even the obscure, low market cap crypto assets have grown exponentially against the old financial world. “It’s even true with some of these crappier cryptocurrencies that you [would] never invest a dollar in – or a Bitcoin in – and I think even they have gone up exponentially against all the assets in the old world. So…

On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT project called ‘NuddiesNFT,’ ZachXBT found a disturbing narrative of lies and deception. However, the popular on-chain sleuth uncovered a different story. Within hours of the purported hack, 94 SOL tokens worth around $12,000 were traced to an exchange deposit…

Bitcoin price extended its decline below the $65,000 support zone. BTC is now consolidating losses and might attempt a recovery wave toward $67,000. Bitcoin price declined further below the $65,500 and $65,000 levels. The price is trading below $67,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover but the bears might remain active near $67,000. Bitcoin Price Drops Further Bitcoin price turned red after it broke the $68,000 support zone. BTC extended its…

Solana has been dominating the Layer 1 blockchain market for some time now, distinguished by its lightning-fast transaction speeds and burgeoning ecosystem. —As of late March 2024, the decentralized exchanges (DEXs) built on Solana have seen an unprecedented influx of activity, with over $50 billion in trading volume this month alone. This figure not only sets a new monthly record since the blockchain’s inception but also signifies a remarkable 126% increase from the previous month’s $28.62 billion.Solana Reaching ATH in DEX Trading VolumeAccording to the data analytics platform DeFiLlama, over $50 billion worth of digital assets were traded on Solana…

Bitcoin maintained its position as the top-ranking blockchain in non-fungible token (NFT) sales over the past 24 hours to 12 p.m. ET Wednesday, with a slight decrease of 3.17% in sales, totaling approximately US$8.25 million. There were no networks that recorded at least US$10 million in sales, CryptoSlam data shows. Ethereum, the day’s second-ranking platform, experienced a more significant decline of 13.59% in sales, amounting to roughly US$8.15 million. Solana, holding the third position, saw a 2.22% increase in sales over the last day, reaching nearly US$7.40 million. Two of the day’s top collections, Tensorians and Mad Lads, are linked…

Linear Finance, a leading cross-chain compatible asset protocol, has announced its integration of Chainlink CCIP (Cross-Chain Interoperability Protocol) to facilitate secure cross-chain transfers of $LINA tokens. This integration spans the BNB Chain and Ethereum mainnets, enabling users to stake $LINA from multiple chains seamlessly. .@LinearFinance is integrating #Chainlink CCIP across @BNBChain and @ethereum as its exclusive solution to secure cross-chain LINA transfers. Why Linear Finance is upgrading to the industry-standard CCIP ⬇️https://t.co/ZywRJXRQHj — Chainlink (@chainlink) April 3, 2024 Linear Selects Chainlink CCIP for Seamless and Secure Cross-Chain Integration Chainlink CCIP was chosen as the preferred interoperability solution due to its…

A member of the XRP community under the pseudonym “Crypto Value Hunter” recently reported that FedNow processed XRP funds sent to his bank account from crypto platform Uphold. A member of the XRP community reported this in a post on X. He also said that he withdrew funds from his Uphold XRP account to the bank and the funds were instantly deposited into the target account. In addition, he expressed surprise at the organization that carried out the transaction based on the information in the payment description. According to the disclosure, the XRP funds were processed by FedNow, the US…

Lightspark, led by CEO David Marcus, former President of PayPal, has been selected by Coinbase, the largest US cryptocurrency exchange, to integrate the Bitcoin Lightning Network onto its platform. This integration is set to enable Coinbase customers to conduct instant and cost-effective bitcoin transactions. Thrilled to announce that @Coinbase has selected @Lightspark to enable the #Bitcoin Lightning Network across its platform and services. Yet another significant milestone for Lightning! ⚡to many millions of new people and 100+ countries coming soon! https://t.co/Dj5JDqdmOl — David Marcus (@davidmarcus) April 3, 2024 “Coinbase is committed to making the global financial system faster and more…