TL;DR Record-Breaking Volume: Solana’s DEX trading volume surged to a record $2.85 billion on March 5, with a weekly total of $14.966 billion, indicating a 152.63% increase and reflecting growing trader confidence in the Solana ecosystem. SOL Price Spike: The SOL token reached a 20-month high of $141.96, marking significant gains over various time frames and securing […]
TL;DR Projects related to artificial intelligence (AI) and technology are experiencing growth in their value in the crypto market. Wallets containing digital coins focused on AI, such as Delysium (AGI), SingularityNET (AGIX), and Artificial Liquid Intelligence (ALI), have experienced a significant increase in their value. Michael Saylor suggests that AI projects could help mitigate concerns […]
Embarking on the thrilling journey of cryptocurrency investment, enthusiasts eagerly seek out unique opportunities that promise lucrative returns.
IBIT has become a notable player in the exchange-traded products arena, recently reaching USD $11bn in AUM. The fund recorded an impressive USD $788 million in AUM yesterday, positioning it with the second largest daily, weekly, and monthly flows across all ETFs. Despite the ETFs’ recent inception and Bitcoin’s significant price increase, the comparison of […]
In the bustling world of cryptocurrency, the launch of a new tech token often sends waves of anticipation and speculation across the investor community. Such is the case with the strategic introduction of Option2Trade (O2T), a new entrant in the cryptocurrency market that has rolled out an enticing incentive: a 15% discount via the promo […]
As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will probably not fall under $30,000 again, is of the opinion that the latest surge is […]
Bitcoin’s rise to record high on Tuesday was part of larger rally in 2024
Investors from the traditional finance sector are gobbling up Bitcoin (BTC) at “unprecedented” levels, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju tells his 335,600 followers on the social media platform X that traditional finance investors are dollar-cost averaging 6,896 BTC per day. “They accumulated 103,726 BTC over the […]
New data reveals that two companies owned by billionaire Elon Musk hold over $1.3 billion worth of Bitcoin (BTC) across multiple addresses. According to blockchain analytics firm Arkham Intelligence, Tesla and SpaceX currently hold $1.34 billion worth of the top crypto asset by market cap across 96 combined wallet addresses. “Arkham has identified the BTC […]
With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin halving? This is a common question among those wanting to learn more about the Bitcoin protocol. Expected to be the most important event in Bitcoin’s […]
Popular crypto analyst on X, cyclop (@nobrainflip) with 346,000 followers made a compelling argument for investors looking to maximize their returns through strategic altcoin investing. With Bitcoin (BTC) making a new all-time high, the focus has shifted to altcoins, which are poised for significant growth in the current bull cycle. According to the analyst, the […]
Bankrupt firms BlockFi and FTX have announced an agreement “in principle” to settle their disputes. According to a March 6 court filing, FTX has committed to paying up to $874.5 million to BlockFi, marking a potential resolution to a long-standing legal battle between the two entities. $874 Million Settlement Under the agreement terms, subject to […]
TL;DR Rug Pull Allegations: LENA Network faced accusations of a ‘rug pull’ after its Candy token value dropped by 87%, with 753 Ether transferred to an exchange-linked address, causing panic among investors. LENA’s Response: The network denied any malicious intent, renounced ownership of the Candy token contract for community safety, and admitted to inexperience with handling the […]
TL;DR Layer 2 solutions for Ethereum are experiencing exponential growth, with a total locked value (TVL) exceeding $36.7 billion. Arbitrum One leads the Layer 2 space with a TVL of $15.7 billion, almost double that of its closest competitor, Optimism, thanks to its pioneering position and perceived greater security. The increase suggests a growing demand […]
POGORICA, Montenegro — (AP) — A Montenegrin court on Thursday ruled that cryptocurrency mogul Do Kwon should be handed over to his native South …
A widely followed crypto analyst and trader is expressing bullish sentiment on an altcoin in the Solana (SOL) ecosystem that has skyrocketed by triple digits in four weeks. The analyst pseudonymously known as Bluntz tells his 244,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is primed for a “monster” surge […]
When Bitcoin set a new all-time high earlier this week, it pushed Solana—and most other major digital assets—to the highest price it’s been for a long time. The $139.96 it saw on Tuesday, March 5 was the highest SOL has been since January 2022. But now, even though Bitcoin has slipped below $67,000, the Solana […]
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, refused to be drawn on whether the regulator considers Ethereum to be a security—even as the SEC considers multiple applications for spot Ethereum ETFs. Speaking on Bloomberg TV, Gensler said he would “defer on that question,” when pressed on whether the regulator viewed […]
Excitement is building in the cryptocurrency community as Algotech (ALGT) steps onto the scene, poised to potentially redefine the market. An investor known for their spot-on forecast of Chainlink’s impressive ascent to $20 is now turning their attention to Algotech. Chainlink’s (LINK) Journey Chainlink has transformed the blockchain ecosystem by delivering secure and immutable data […]
In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition to the United States, marking a pivotal moment in the ongoing legal battle surrounding the […]
Does SHIB still have energy to keep its bull run going?
Concerning the fate of cryptocurrency entrepreneur Do Kwon, a Montenegrin court has ruled in favor of his extradition to his native South Korea. The decision marks the latest twist in the legal saga that unfolded following Kwon’s arrest in the Balkan nation last year. Appeals Court Reverses Decision: Extradition to US Overturned The High Court’s […]
With the kickoff event ‘Bitcoin im Bundestag,’ Bitcoin has entered the political discourse in Germany. Roman Reher of Blocktrainer, the largest German-speaking Bitcoin YouTube channel, and Kristian Kläger, CEO and founder of terahash.energy GmbH, delivered two formidable introductory presentations in the German Parliament. Since German politicians still mainly associate Bitcoin with criminal activities, money laundering, […]
The Ethereum Dencun upgrade is fast approaching and there have already been notable developments leading up to it. Besides the price of ETH rising to new two-year highs, there has been a significant increase in the amount of ETH that has been burned so far. Over 50,000 ETH Burned The Ethereum burn, which was brought […]
The Spanish data protection regulator, AEPD, has instructed Worldcoin to halt the collection of personal data in the country through scans and to refrain from utilizing any data already obtained. This precautionary action was announced on Wednesday after receiving numerous complaints regarding Worldcoin since last summer. These include concerns about the adequacy of information provided […]
TL;DR SafePal Launch: SafePal has introduced a USDC Visa Card in collaboration with Fiat24, offering an in-app banking gateway and a virtual crypto Visa card to merge crypto with traditional banking. Card Features: The card provides no account fees, crypto-friendly banking, on-chain transaction transparency, and multi-currency support, and is compatible with major payment platforms like PayPal and […]
TL;DR Farcaster loses 60% of its users in one month. Friend.tech is experiencing a significant decline in activity. Lens Protocol shows notable growth and success in monetization. In the world of SocialFi apps, the landscape is changing rapidly, with some giants losing ground while others find innovative ways to stay relevant. One of the most […]
A Montenegro court on Thursday approved the extradition to South Korea of cryptocurrency entrepreneur Do Kwon, wanted over the multi-billion …
On-chain data shows the total number of Dogecoin millionaires has observed a steep increase over the past month, a sign of strong accumulation. Dogecoin Millionaires Have Jumped 76% In Past Month According to data from the market intelligence platform IntoTheBlock, the number of Dogecoin millionaires has been skyrocketing recently. “DOGE millionaires” here refer to the […]
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin The publicly traded Canadian enterprise Mogo (Nasdaq: MOGO) (TSX: MOGO) […]
Michael Novogratz, a leading figure in cryptocurrency, predicts Bitcoin could hit $100,000 in the next year amid market fluctuations
The Arizona State Senate is considering a proposal to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin ETFs in their investment portfolios. JUST IN: 🇺🇸 Arizona State Senate is considering adding #Bitcoin ETFs to its state retirement portfolios. pic.twitter.com/5t6v3Z5UuU — Bitcoin Magazine […]