Cryptocurrency News Today TheBitTimes.com

Bitcoin’s (BTC) price has weakened again after failing to steady above the $65,000 zone, with the cryptocurrency continuing to be weighed down by rising geopolitical tensions in the Middle East. As Bitcoin remains bearish, the majority of the market is monitoring its direction, particularly given that the price movements are playing out in a monumental week characterized by the upcoming halving. In line with this, crypto analyst  Ali Martinez , in an X (formerly Twitter) post on April 16, pointed out that Bitcoin has established new support and resistance levels investors should watch . Picks for you 1inch Swap API now integrated by Magic Square, with Swap Competition on the way 36 mins ago Saakuru Labs raises $2.4 million as it prepares to expand with 40 projects in 2024 36 mins ago Supply shock alert: ‘9 months’ left of Bitcoin supply on exchanges 48 mins ago Japanese Yen (JPY) struggles at a 34-year low against the U.S. Dollar 1 hour ago ...

Lido Finance, the liquidity staking platform, has stopped its Solana liquid staking service after voters supported the proposal. At the same time, the price of Cardano has dropped, causing panic among investors. A new project has appeared, offering unique rewards for staking. Everlodge will allow holders of its native token, ELDG, to stake for passive income. Everlodge unveils staking program Everlodge is developing a marketplace allowing people to invest in luxury properties like hotels, vacation homes, and villas with little capital.  The Everlodge marketplace merges fractional ownership of vacation homes with non-fungible token (NFT) technology.  You might also like: Everlodge up 80%, OP underperforms despite OP Mainnet raising $160M This enables users to exchange their NFTs on Everlodge’s marketplace or other marketplaces that offer ERC-721 tokens. Additionally, investors can stake the Everlodge token to earn passive income.  In stage 5 of its pr...

On Aug. 30, Binance informed users via its in-app notification about its intended discontinuation of the BUSD stablecoin support in early 2024. Binance intends to cease support for the BUSD stablecoin. The move indicates a shift in Binance’s operations amidst ongoing legal battles. As Paxos has halted minting of new BUSD, #Binance will now gradually remove support for the stablecoin on our platform. BUSD will always remain backed 1:1 by USD, and we continue to support a wide range of other stablecoins. Find more details below. — Binance (@binance) August 31, 2023 In a statement released to the public by Binance on Aug. 31, Binance confirmed its commitment to maintain support for various stablecoins and digital assets within its platform. However, users are advised to convert their BUSD holdings into other assets offered on Binance before February 2024 for a smooth transition. The exchange has also assured users their BUSD balances can be traded for First Digital USD...

BTC, ETH, MATIC, HBAR and EOS are likely to pick up momentum if they cross above their respective overhead resistance levels. The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the government brokered a forced takeover of Credit Suisse by UBS. Still, the United States equities markets and the European stock markets closed the month on a positive note. The cryptocurrency market was also shaken by volatility, but Bitcoin (BTC) gained about 23% in March. Going forward, the picture looks encouraging for Bitcoin bulls in April and data from Coinglass suggests that the month has largely favored the buyers. Crypto market data daily view. Source: Coin360 Although altcoins reacted positively to Bitcoin’s rise, the rally has not been equal across the board. This suggests that market participants have been selective in their purchases. As a result, trad...