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Movement Labs has raised $38 million in a Series A round led by Polychain Capital. The funding will be used to bring Facebook’s Move Virtual Machine to Ethereum.
A16z crypto’s CTO Eddy Lazzarin lambasted memecoins, saying they undermine crypto’s “long-term vision,” tarnish “how the public, regulators, and entrepreneurs” view the industry and serve as a casino “to a relatively small population.”6th Man Ventures co-founder Mike Dudas came to the defense of memecoins, which collectively have a market cap worth tens of billions of dollars.
Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.
Industry professionals are increasingly doubtful about the chances of approval for ether spot ETFs by the SEC in May, according to Reuters.The price of ether has fallen by over 5.5% in the past 24 hours, according to The Block’s Price Page.
Bitcoin mining difficulty rose 2% to reach a record 88.1 trillion on Wednesday in the first adjustment after last week’s halving event. It is the first time Bitcoin mining difficulty has increased immediately following a halving amid increased transaction fee rewards related to the hype surrounding Runes.
- 19:29CRV price reaches $0.5341 per coin, up 3.03 per cent during the dayCRV latest price: $0.5341, up 4.85% in 24 hours, trading volume $210 million Analysed by the k-chart, it is currently in an uptrend. It is down sharply from 15:00, up from 07:00 and down from 13:00. A simultaneous rise in price and volume usually points to strong buying support in the market.The fact that buyers are trading in large volumes at higher price levels indicates an optimistic and bullish market sentiment. Against this backdrop, prices are likely to continue to rise in the future as the momentum in the market remains strong and buying continues to pour in.Investors should focus on the breakout of key resistance levels, which would signal a continuation of the uptrend if the price is able to sustain the breakout and solidify at higher levels. Trading activity has increased significantly and the market has strong upward momentum.The Williams indicator shows that it is currently classified as not overbought or oversold. There has been a recent increase in trading volume, the volume of trades has increased compared to the previous hours, and both price and volume have risen at the same time: trading activity is active and there is strong upward momentum.The market is bullish, you can add positions moderately, pay attention to the breakout of resistance levels and be alert to sudden changes in trading volume.
- 19:28BTC Bitcoin Price Falls Below $97,000, Up 0.45% in 24 HoursBitcoin bitcoin today's market news, the latest price of BTC bitcoin: $96,980, up 0.45% in 24 hours, trading volume of $52.412 billion
- 19:27ADA Ada Coin price reaches $1.0514 per coin, down -2.02% on the dayADA Coin ADA latest price news, ADA Ada Coin real time price fell -2.02% to $1.0514, trading volume $2.103 billion According to the k-chart analysis, it is currently in an oscillator trend. It fell sharply compared to 15:00, penetrated the low of 13:00 and is down from 10:00. Market heat is low and trading volume has decreased. The Williams Indicator suggests that it is now in a state where it is not overbought or oversold.Trading volume has decreased recently, trading volume is down from the previous hours, price and trading volume are down at the same time: the market is cold and trading is inactive.The market is cold and the downtrend is clear, so it is advisable to remain on the sidelines and wait for the market to pick up.
