April 2024 – Page 32 – Coins Cap News
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Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana

Cryptocurrency Market News

Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, aims…

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Shiba Inu Sees Bullish Reversal In On-Chain Metrics, Can SHIB Price Recover?

Shiba Inu

Shiba Inu (SHIB) could be on the brink of a price recovery following a bullish reversal in critical on-chain metrics. This also includes the burn rate, with a recent development showing a sustained increase in the number of SHIB tokens burned.  Shiba Inu Demand Looks To Be On The Rise There has been an increase…

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Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC’s Future

Bitcoin News

As the Bitcoin (BTC) “Halving” approaches, expectations increase about how the flagship cryptocurrency will perform. Bitcoin (BTC) is recovering momentum after facing a significant correction in the first few days of Q2, and some analysts are forecasting new heights for the number one cryptocurrency soon. Are The Odds In The Bulls Or Bears Favor? Bitcoin…

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Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible?

Solana

Amid the issues that continue to plague the network, the Solana open interest has seen a drop in the last week. This drop coincides with a decline in the cryptocurrency’s price, suggesting that investors may be getting wary of waiting for a fix to come through. Solana Open Interest Drops By $370 Million Solana saw…

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Bitcoin To $150,000 Is “Programmed” With Halving Approaching: Analyst

Bitcoin News

With Bitcoin ripping higher and closing in on breaking all-time highs, one analyst on X thinks $150,000 post-halving is “programmed.” The analyst remains upbeat in a post, highlighting several fundamental developments that could drive the world’s most valuable coin to new valuation and more than 2X from spot rates.  Currently, the path of least resistance remains northward.…

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Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend

Bitcoin

Investors in the cryptocurrency space are eagerly awaiting the halving of Bitcoin in order to fuel future market growth. However, top cryptocurrency expert and trader Benjamin Cowen cautions that if the price of BTC follows a previous pattern, there may be a correction. Bitcoin Halving Could Impact Price Negatively Cowen has highlighted a trend that…

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Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means

Bitcoin

BitMEX has released another blog post, predicting a major fire sale and a potential price decline for Bitcoin, the world’s largest cryptocurrency.  Bitcoin Fire Sale Imminent In his affect the price of the cryptocurrency.  The Bitcoin halving is an occurrence that takes place every four years which reduces Bitcoin miner block rewards by half. This,…

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SUI Slips After Hitting All-Time High: TVL Tumbles 12% – Token Price In The Gutter?

Altcoin

The burgeoning world of Decentralized Finance (DeFi) has witnessed a rollercoaster ride for newcomer Sui, a Layer 1 blockchain designed to scale DeFi applications. After a stellar start to 2024, Sui’s Total Value Locked (TVL) – a metric reflecting the total value of crypto assets deposited in its DeFi protocols – surged to a record…

SUI Slips After Hitting All-Time High: TVL Tumbles 12% – Token Price In The Gutter? Read More »

VeChain On The Edge: Insider Says VET Will Reach The Finish Line

Altcoin

A self-acclaimed VeChain (VET) insider has made a bold claim about the token’s price. The insider suggested that VET’s tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes.  VeChain Will “Reach The Finish Line” The self-claimed insider known as ‘VeChain Whale’…

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Filecoin Bull Run On The Horizon? Analyst Sees 250% Surge

Cryptocurrency Market News

Filecoin (FIL), a decentralized data storage network, has experienced a recent surge in value, grabbing the attention of cryptocurrency analysts. The price increase, coupled with bullish analyst predictions, has ignited optimism for FIL’s future. At the time of writing, FIL was trading at $8.99, down 0.8% in the last 24 hours, but managed to sustain…

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