Crypto News

BTC Lightning Network April 2022 stat invokes the aid of bulls
Bitcoin might be the coin that defined the crypto industry as we know it today, but the Bitcoin Lightning Network could be the solution that brings Bitcoin micro-payments to those outside the crypto sector. But with multiple market crashes since early December 2021, what is the state of the Lightning Network (LN), really?

Top Reasons Why Bitcoin (BTC) Will Not Drop below $30k !
According to new research, Bitcoin’s collapse to $25,000 or below is unlikely due to hodlers searching for all-time highs rather than speculative traders.

ApeCoin (APE) Rallies Over 20% To Near Record High, Here’s Why
ApeCoin (APE), the native token on the Bored Ape NFT collection, rallied to near record highs on Wednesday. A bulk of its rally in the past 24 hours can be attributed to speculation over an announcement by founder Yuga Labs on its upcoming metaverse.

Australia’s first Bitcoin ETF could attract $1 billion after launch next week
Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows.

How Are DeFi Protocols Revolutionizing Passive Income Earning?
It is no surprise that the decentralized finance (DeFi) ecosystem is as large as today. With over $75 billion locked in DeFi protocols, the ecosystem has shown explosive growth, and innovation is at an all-time high in the space. DeFi is building and creating solutions more than the mere swapping, yield farming, and liquidity mining on which the space has built its reputation.

NFTY Labs striving to change the NFT landscape
Non-fungible tokens (NFTs) are tokens that can only be transferred through ownership rights. Later on, when the demand for NFTs grew, marketplaces based on NFTs exploded. However, marketplaces are not the only ingredient accompanying the NFT boom. NFTY Labs has managed to sell shovels to the gold miners.

ApeCoin Price Up Over 30%, Surpassing Decentraland in Market Cap
ApeCoin’s Price is up over 30% today, peaking at $15.80 and surpassing Decentraland as the highest-valued Metaverse crypto coin on the market, according to CoinMarketCap.

US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases
The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said the assistant director of the Secret Service’s Office of Investigations. “What we want to do is to track that as quickly as we can, aggressively as we can, in a linear fashion.”