What’s Happening in Crypto Today? Daily Crypto News Digest

In crypto news today: Crypto market is red today 404-GEN Launches First Decentralized 3D Model Generation Plug-in for Unity STIX and Accomplice Lead Neutrl’s $5M Raise to Launch Synthetic Dollar NUSD Bitget Launches Campaign with LALIGA and FC Barcelona Star Raphinha __________ Crypto market is red today The market continues its red streak. Over the past 24 hours, the global cryptocurrency market capitalization has dropped another 3.9%, currently standing at $2.73 trillion. At the time of writing, the daily crypto trading volume is $82.9 billion, dropping over the past few days. Only six of the top 100 coins per market cap are green today. The best performer is Curve DAO (CRV) , which has increased by 7.1% to the price of $0.631. It’s followed by EOS (EOS) , having appreciated 3.2% to $0.6267, while the remaining four coins rose by 0.6%-2.9%. On the other hand, two coins recorded double-digit increases. Bonk (BONK) and Celestia (TIA) fell 10.5% and 10% to $0.00001166 and $2.28, respectively. In the top 10 coins category, again, only one coin appreciated. Today, it’s TRON (TRX) , which increased by 2.2% to $0.2538. At the same time, Solana (SOL) and Cardano (ADA) fell the most. They’re down 6% and 5.8%, now trading at $125 and $0.606, respectively. Meanwhile, Bitcoin (BTC) decreased by 1.23%, currently changing hands at $84,022, while Ethereum (ETH) fell 2.3%, now trading at $1,579. 404-GEN Launches First Decentralized 3D Model Generation Plug-in for Unity 404-GEN says it has become the first decentralized 3D model generation platform to integrate with the major development platform Unity . The move enables users to generate models directly from the Bittensor mainnet within the Unity environment. Per the press release shared with Cryptonews , the integration is now available as a Verified Solution in the Unity Asset Store . It introduces a new form of 3D representation based on Gaussian Splatting, a technique that brings innovative, decentralized content creation to Unity users. 404—GEN has launched the first decentralized 3D model generation integration for Unity as an official Verified Solution! It is now possible to generate models directly from Bittensor mainnet seamlessly in Unity. Some highlights of the integration pic.twitter.com/wu2zliO6f1 — 404 (@404gen_) April 16, 2025 Furthermore, Unity’s technical team recommended several improvements to 404-Gen technology. This includes flagging redeveloping certain AI dependencies to ensure the commercial viability of the produced models, the team says. Additionally, 404-GEN introduced a ‘digital handshake’ to streamline creative and legal processes for developers. This ensures that models generated by decentralized miners are ready for commercial use. The enhancements enable seamless, one-click integration. The integration also lowers technical barriers and promotes experimentation with 3D modeling techniques, as well as collaboration between established Web2 companies and decentralized subnets on Bittensor. You might also like Crucible to Launch 3D Emergence Marketplace for Interoperable Game Assets STIX and Accomplice Lead Neutrl’s $5M Raise to Launch Synthetic Dollar NUSD DeFi protocol Neutrl has raised $5 million in seed funding, led by STIX and Accomplice , with participation from Amber Group , SCB Limited (SIG) , Figment Capital , Nascent , and a number of angel investors. The team says it’s working to solve key challenges in DeFi , including cyclical yields, capacity constraints, and unreliable short-term yield sources. These leave investors exposed to market volatility, it says. Neutrl is developing a scalable, market-neutral synthetic dollar NUSD , targeting OTC arbitrage strategies, says the announcement shared with Cryptonews . NUSD uses OTC arbitrage, buys major altcoins at a discount in private markets, and delivers crypto-native trading yields. At the same time, it says it minimizes directional risk. Source: Neutrl, press release Per the team, “this is achieved by employing delta-neutral hedging using perpetual futures, through a dual approach balancing long and short positions to minimize exposure to market swings, allowing a higher margin of safety than traditional basis trades and enabling users to access premium returns from strategies presently reserved for institutional players.” Therefore, its single-point yield offering via NUSD enables mainstream investors to access OTC yields without having to manage several positions simultaneously. The model has the potential to connect private OTC markets with DeFi, influencing the crypto-native capital landscape and drawing long-term capital from allocators seeking real trading yield in altcoin markets, the announcement says. You might also like Conor Ryder, Head of Research at Ethena, on Stablecoins, Synthetic Dollars, and Current Market Trends | Ep. 286 Bitget Launches Campaign with LALIGA and FC Barcelona Star Raphinha Crypto exchange Bitget has announced a new campaign with LALIGA , featuring Barcelona’s winger Raphinha. According to the press release, the new collaboration highlights Bitget’s trading products: Copy Trading, Launchpool, and Pre-market. It will draw a “parallel between the precision of elite football and the strategy behind smart crypto trading via a series of videos” that the exchange will launch throughout April. The campaign will include three commercials. Source: Bitget, Twitter Raphinha commented that “football and trading both demand quick thinking and the right tools. Bitget’s platform helps traders stay ahead, just like we do on the pitch.” As part of the campaign, Bitget will roll out user education initiatives and trading challenges. It will give participants a chance to win exclusive LALIGA prizes, including match tickets. “What excites me most about this partnership isn’t just the shared spotlight between crypto and football; it’s how fundamentally alike these worlds are,” says Bitget CEO Gracy Chen . “When Raphinha receives the ball, he’s processing positioning, momentum, and opportunity in real-time, much like a skilled trader reading market movements.” Bitget has previously partnered with Lionel Messi and the Italian football club Juventus. You might also like Bitget Partners with Spain’s La Liga, Becomes Official Crypto Sponsor __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .