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Polygon ( MATIC ), a popular Layer-2 scaling solution for Ethereum, has been underperforming massively in the cryptocurrency market, according to a recent tweet by prominent crypto analyst Michaël van de Poppe. The analyst described the MATIC chart as “absolutely disgraceful” and suggested that there might be better investment opportunities available in the market. Request 02 – $MATIC Absolutely disgraceful chart on $MATIC. Underperforming massively. Might be interested if it drops another 30% to see whether it rotates from there, but I would suggest there are better opportunities out there. pic.twitter.com/5fRmRj1aOC — Michaël van de Poppe (@CryptoMichNL) April 23, 2024 Van de Poppe stated that he might consider investing in MATIC if it drops another 30%, as this could potentially indicate a price rotation. However, the question remains: Can MATIC hit the $1 mark by the end of April? Also read: Cryptocurrency: Top 3 AI Coins to Watch For Double Digit Gains Factor

Despite a 9% rise in the past week, Ripple XRP has conversely suffered in trading volume, with its TV declining by over $900 Million in 10 days. The cryptocurrency is up over $0.50, but investors still appear concerned about the asset’s future, refusing to process any transactions. The global crypto market crash on April 11 sent XRP prices spiraling to an 11-month low of $0.42. However, the coin has since seen a remarkable rebound. The recent surge follows the Bitcoin halving event, which raised speculation that XRP and other assets would rise tenfold. While this surge hasn’t happened yet, XRP is still performing relatively well. However, market data suggests the upward trend has not been accompanied by a commensurate increase in market liquidity, allaying fears of an imminent bearish reversal. Data from Santiment suggests XRP investors haven’t been as active in the past 10 days. Thus, trading volume has been in decline, with just $550 million worth of XRP traded on April

The cryptocurrency industry is ever buzzing with speculation. This time, the focus is on Dogecoin (DOGE), the OG meme cryptocurrency . While its roots trace back to a lighthearted internet meme, DOGE has managed to capture the attention of several across the globe. Now, in a protracted crypto bull market situation, the most asked question around the asset has yet again surfaced: Will Dogecoin break the elusive $1 mark by the end of April 2024? The latest surge in Bitcoin (BTC) began back in October 2023. It has not only pushed established cryptocurrencies it has also ignited momentum in both new and old meme coins. Currently, DOGE is valued at $0.1591 after experiencing a marginal 1% daily decline. While some experts remain optimistic about DOGE’s outlook for its near future, a few others predict a bearish trend towards the end of the month. Changelly revealed that Dogecoin will encounter a potential decline of 2% from its current price and drop to $0.156570. Source Also Read:

Pandora Finance, the digital asset incubation studio behind the recently launched world’s first-ever ERC-404 non-fungible token collection marketplace, has announced plans to launch a new non-fungible token collection known as the Pandorian Hybrid NFT collection on the Sui network. In this article, we shall discuss the upcoming Sui-based NFT project in detail. Pandora Finance Teases A New NFT Collection In an April 22 blog post, Pandora Finance confirmed plans to launch a new non-fungible token collection in the coming months or weeks. The digital asset firm has teased its new NFT project just a few weeks after launching the world’s first-ever ERC-404 NFT market platform. GM Pandorians 👋. Are you excited for a new week? Who's hyped for our upcoming NFT minting/token launch 🔥? Secure your spot on the whitelist now – there's still time ⏳!#Pandorian #HybridNFTs #Sui404 pic.twitter.com/EkFnhVRTuU — Pandora Finance I Prediction Market on Sui 🔥 (@pandora_finance) April 22, 2

Bitcoin (BTC) is navigating the post-halving phase, facing resistance below the last all-time high. As the crypto continues to find its footing, a section of the market believes that Bitcoin is in line to embark on a post-halving rally , an element backed by several analysts. For instance, crypto trading expert TradingShot acknowledged in a TradingView post on April 22 that Bitcoin is at a critical juncture, struggling to surpass and sustainably close above its record-high resistance. According to the analyst, the pattern has been marked by a period of sideways consolidation, and while it might suggest bearish sentiments, history suggests otherwise. Picks for you The world's richest YouTube boxer – Jake Paul's net worth revealed 34 mins ago Elon Musk’s X Payments ‘end goal’ revealed as a U.S. money transmitter 1 hour ago Short alert: Dogecoin could drop below $0.05 2 hours ago Ripple v. SEC court case update as of April 23, 2024 2 hours ago

This episode of the podcast is organized by Wormhole & Pyth during the Hong Kong Activity Week. The host is Colin Wu, Founder of Wu Blockchain. Guests include BMAN, Co-Founder of ABCDE; Michael, Investment Lead at Inception Capital; Mia, Head of Ecosystem and Post-Investment at Hashkey Capital; Julia, COO of Caladan. This session mainly discusses some challenges currently faced by Chinese cryptocurrency VCs. The original text of this article is in Chinese. The editing and translation were completed by ChatGPT. There may be errors. What is the most important track you are currently focusing on? Why? Michael: Last year, I mainly invested in several AI projects, such as MyShell and Flock. Recently, I have shifted my focus to the Bitcoin track, especially projects like Merlin and Unisat. Currently, I am particularly interested in a project called UTX Stack or RGB++. I think it brings some innovative technical solutions to the Bitcoin domain. BMAN: Given our decade of experience in the

1. EigenLayer and EigenDA Launch on Ethereum Mainnet, LST Staking to Reopen link On April 10th, EigenLayer and EigenDA officially launched on the Ethereum mainnet. EigenDA, as the first launched AVS (Application-Specific Verifiable Storage), competes with protocols like Celestia to provide data storage services for blockchain protocols. Eigen Labs CEO Sreeram Kannan referred to this release as a “beta version,” with certain functionalities temporarily limited, and plans to fully launch later this year. Eigen Labs raised $100 million from Andreessen Horowitz (a16z) last year. EigenLayer will lift all deposit limits for Liquidity Staking Tokens (LST) at 9:00 AM (PST) on April 16th and reopen the deposit window. 2. Base Chain NFT Trading Volume Approaches $31 Million in April, Reaching Monthly Record High link The data dashboard reveals that despite not even two weeks passing, the April Base NFT trading volume is approaching $31 million, with 43,000 individual buyers and over 280,000 tran

A widely followed trader thinks one gaming project on Ethereum (ETH) will be the Axie Infinity (AXS) of this cycle. In 2021, AXS was one of the best-performing coins, pulling off a 174,900% gain when the gaming altcoin rallied from around $0.10 to $175. Now, pseudonymous trader Criptopaul tells his 107,600 followers on the social media platform X that Heroes of Mavia (MAVIA), another play-to-earn game, may have similar potential as AXS, partially because of its backing by several large seasoned venture capital firms. Says the trader, “Added MAVIA quite heavily here at $3.33. I talked about it on my Twitter before the launch and I still think it is the best Web3 game in the crypto space that is really bringing games and concepts from Web2 to Web3, one of the most adopted and mentioned games from users and on YouTube. I believe it is going to be the AXS of this cycle, with 15-20x potential ROI (return on investment). Basically backed by the top tier 1 funds/ventu

Bitcoin (BTC) miner s have achieved a new revenue milestone from validating transactions, following the 2024 halving. As Bitcoin fees surge, these miner s are making high earnings, sparking discussions about the future dynamics of the network. Following the recent Bitcoin halving on April 20, 2024, miner revenue surged to an all-time high of $106.7 million , with 75.444% of it stemming from network transaction fees. This highlights a pivotal shift in miner compensation strategies post-halving. Percent Miner Revenue from Fees. Source. Glassnode Surge in revenue amidst reduced block rewards The recent halving, which took place on April 20, 2024, drastically reduced the block reward from 6.25 to 3.125 Bitcoin. This strategic adjustment is designed to slow the increase of the total Bitcoin supply, which is capped at 21 million coins. Picks for you SHIB key support and resistance levels to watch this week 3 mins ago Buy signal for two strong cryptocurrencies this

BRICS member India is accused for the third time in a year of dumping US dollars to keep the Rupee from falling. The US dollar hammered the India n Rupee making it fall to an all-time low of 83.61 this week. However, the Rupee managed to reverse course after briefly rising against the US dollar and reached 83.50. Also Read: Where’s De-Dollarization? US Dollar Hammers Other Currencies in 2024 The spike in the rupee, insiders say, is not natural and might have involved ‘players’ to keep it from falling. The players in question might be the Reserve Bank of India (RBI), which helped keep the rupee from crashing against the US dollar. BRICS members India, China, and Russia have previously been called out for interfering in the currency markets. Also Read: BRICS: China & Iran Make Major Announcement BRICS: India Might Have Dumped US Dollars To Stop the Rupee’s Fall Source: compareremit.com BRICS countries have been intervening in the foreign exchange market by se

Halving events occur swiftly, but realizing their benefits takes months most of the time. Bitcoin’s “halving” event halves new coin supply, potentially impacting market dynamics. Experts caution against immediate price rallies, noting historical trends. The recent 12% drop hints at the correction phase post-halving anticipation. Production costs may rise, affecting miner revenue, with estimated yearly losses of $10 billion for the industry. Moreover, consolidation among miners is expected, with smaller players likely to come offline. Larger miners foresee increased market dominance, anticipating long-term profitability amidst structural demand. Biggest Crypto Gainers Today – Top List In today’s market, 22% of cryptocurrencies have climbed the price ladder amidst the significant Bitcoin halving event. Among them are the distinguished Internet Computer, THORChain, Gala, and Immutable X. These top gainers stand out for their impressive projects and price increases. Internet Computer