Author: News Room

Transak, an established platform that provides seamless access to crypto, recently announced its collaboration with Chiliz ($CHZ). It is a popular digital currency for sports and entertainment fans. This collaboration aims to simplify the process of purchasing transactions for its users to delve into Fan Tokens, Chiliz’s ecosystem. We’re happy to share that @Transak, a leading cryptocurrency onboarding solution used by over 4.5 million people worldwide, now supports Chiliz. 🌶️Learn how to use Transak here 👇https://t.co/tnEh9smETI#ChilizChain ⚡ $CHZ — Chiliz ($CHZ) – The Sports Blockchain ⚽🏆 (@Chiliz) April 2, 2024 Chiliz CEO Highlights Seamless Fan Token Purchases This partnership has…

Ethereum price extended its decline below the $3,320 support zone. ETH is now consolidating and might start a fresh increase if it clears $3,320. Ethereum remained in a bearish zone and traded below the $3,320 support zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it settles above the $3,320 resistance zone. Ethereum Price Faces Resistance Ethereum price remained in a bearish zone below on the hourly…

New crypto exchanges have been designed to address the lack of custody that contributed to the FTX collapse, the report said. Spot bitcoin ETFs offer the same investor protections as equities and reduce the incentive to move to unregulated offshore exchanges. There has also been a push for better regulatory frameworks and self-regulatory practices within the industry, Galaxy said. The cryptocurrency market has changed since the collapse of FTX and the conditions that enabled the rise of the exchange’s founder and former CEO, Sam Bankman-Fried, no longer hold, financial services firm Galaxy Digital (GLXY) said in a research report on…

Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening. Why it matters At some point the cases involving the U.S. Securities and Exchange Commission are going to move to appeals courts and maybe even the U.S. Supreme Court, if they’re not settled first. Until that point, these decisions in the district court are shedding light on how judges view the crypto industry. Breaking it down Judge Katherine Polk Failla ruled mostly…

Bitcoin (BTC) continues its price decline into the third day of April. BTC’s value momentarily dipped to $64,673 during the early trading hours in Asia. Nonetheless, a slight recovery was noted, with the cryptocurrency trading at $66,286 at the time of this report. The recent dip also marks Bitcoin’s lowest price point for the past seven days. Spot Bitcoin ETFs Outflows Stir Market Concerns Analysts are linking the recent downturn to outflows from US-traded spot Bitcoin exchange-traded funds (ETFs). According to Farside data, spot Bitcoin ETFs have experienced a cumulative outflow of $110.2 million during the early Asia market. ARK…

CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, the Bull Run dETF, offers investors access to a diversified digital asset portfolio while ensuring the processes remain decentralized and secure. The First DeFi Crypto ETF Ever CrowdSwap’sCrowdSwap’s Bull Run dETF also consists of Polygon (Matic), Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Fetch AI (FET), ChainGPT (CGPT), and its native token CROWD. While BTC and ETH comprise 35% of the fund, large-cap altcoins like MATIC, AVAX,…

Recently, Bitcoin’s price saw a sudden drop of over $3,000 in just about 10 minutes, which was almost a 4.5% fall. Peter Schiff, a known critic of Bitcoin, compares this to a hypothetical $100 drop in the price of gold in the same time frame. Gold, on the contrary, saw a slight increase. Schiff warns that if Bitcoin’s price keeps dropping, investors in Bitcoin ETFs could be in a tough spot because they cannot trade until the New York Stock Exchange (NYSE) opens the next day. That fact traps them and potentially exposes them to losses they will not be…

Viral Telegram-based clicker game Notcoin ended its “mining phase” on Monday, as planned, the simple coin-tapping gameplay ending for the time being ahead of the expected token launch and airdrop. Now there’s a target date for the token rollout—and it’s one you might’ve seen lately if you’re following the latest Bitcoin happenings. Notcoin plans to launch its NOT token on The Open Network (TON) on or around April 20, according to a tweet Tuesday. That’s the same date that the Bitcoin halving is currently set to occur, based on estimates. Open Builders, the Notcoin team, had previously teased a connection…

If Cardano repeats the 3,775% surge of late 2020 and 2021, its price could rise to a substantial double-digit value at the peak of the anticipated altcoin season. The current bull market has been ongoing for approximately six months, during which Bitcoin (BTC) has surpassed its 2021 all-time high. Lower-ranked assets such as Render (RNDR) and Injective (INJ) are also experiencing a price discovery phase, having cracked their previous all-time highs. Despite the ongoing bull market, many altcoins like Cardano (ADA) remain significantly below their 2021 highs. In particular, ADA trades at a staggering 81.04% below its previous peak of…

Shiba Inu (SHIB) is the second biggest meme coin in the market, but despite its stature, it is facing significant competition in one aspect from dogwifhat (WIF). Could this lead to SHIB declining further on the daily chart, or is a recovery likely? Are Shiba Inu Investors Opting for WIF? Shiba Inu price action has been a disappointing affair since the beginning of March. The altcoin has already been struggling, and dogwifhat is adding to the trouble. The meme coin, which became an overnight sensation, is currently the third biggest meme coin in the world. Despite having a market cap…