Crypto News Update : Weekend Review - How was Weekend For Crypto Traders !

 Hello Crypto Enthusiasts!


It's time for some exciting news from Coinpedia, the global cryptocurrency market cap reached a whopping $1.27 trillion, and Ethereum (ETH) stole the show by surging past the $2,000 mark for the first time since May last year. This incredible feat was fueled by the highly anticipated Shanghai Upgrade, which has been creating a buzz in the crypto community.


But that's not all! Bitcoin (BTC) remained stable around the $30,000 mark, and other popular altcoins like Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) also saw notable gains across the board, indicating a widespread rally in the market. 


In fact, even lesser-known tokens like Arbitrum (ARB) had their moment in the spotlight, with an impressive 24-hour jump of over 27% - talk about unpredictability in the crypto world! As we write this, the global crypto market cap stands at $1.27 trillion, with a 24-hour gain of 0.19%. 


So, buckle up and stay tuned for more thrilling updates on Coinpedia Daily News, as the crypto frenzy continues to unfold. Happy trading, folks!

Latest  News 

Binance Shocker: Shiba Inu, 1INCH, FXS, TWT Delisted from Innovation Zone!

  • 1. Binance has decided to remove Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) from its Innovation Zone.

  • 2. The Innovation Zone is a platform where Binance lists new and innovative tokens for trading, while also providing warnings about potential risks.

  • 3. Users will have full access to these tokens from Tuesday, April 18.

  • 4. Binance periodically reviews projects listed in the Innovation Zone based on factors such as team commitment, development activity, trading volume, stability, safety, and community size, among others.

Crypto Trading Redefined: SEC Review Threatens US Constitutional Integrity

  • 1. U.S. SEC plans to regulate DeFi, including DeFi protocols and DEXs.

  • 2. SEC Commissioner Hester Peirce criticizes the move, stating it stifles innovation.

  • 3. Peirce believes the plan prioritizes protecting incumbents over promoting competition.

  • 4. Peirce raises concerns that the vague plan could potentially undermine First Amendment protections.

Billionaire Ray Dalio's Bold Claim: Why Bitcoin Falls Short of Gold

  • 1. Cryptocurrency market in 2022 faced challenges with $2 trillion loss.

  • 2. Billionaire investor Ray Dalio claims Bitcoin is not a trustworthy store of value or means of exchange.

  • 3. Dalio cites Bitcoin's volatility and lack of correlation with prices as drawbacks.

  • 4. Bitcoin's recent price increase to above $30,000 driven by market momentum and US CPI announcement.

Ethereum's Shanghai Shake-up: 1 Million Ether Withdrawn Post-Hard Fork

  • 1. Over 1 million ether coins have been withdrawn since Ethereum's Shapella upgrade.

  • 2. The price of ether has increased and currently sits around $2,100.

  • 3. The Shanghai hard fork, part of the Shapella upgrade, allowed Ethereum stakers to withdraw their ether rewards for the first time since Beacon-chain deposits began in late 2020.

  • 4. Currently, just under 15% of the total ether supply remains deposited, worth roughly $36.1 billion, while over $1.84 billion worth of ether is queued for withdrawal.

Get Ready for Web3 Berlin: Europe's Premier Crypto & NFT Conference Coming in June!

  • 1. Web3 Berlin: Europe's biggest Crypto & NFT conference happening on June 10th-11th at Estrel Congress Center.

  • 2. Over 80 partners, including top companies like Solana, Dash, IOTA, VeChain, etc., have already signed up for the event.

  • 3. Focus on inclusivity with low ticket prices and onboarding new users, expecting 7,000+ attendees.

  • 4. Featuring keynote presentations, panel discussions, and networking opportunities with industry experts, startups, and established companies. 

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