Quick Look: The cryptocurrency market experienced a significant loss, shedding $400 value. Bitcoin witnessed its worst performance since the FTX collapse, dropping 8% to below $61,000. Grayscale’s ETF recorded a historic outflow, while the FTX descends sent shockwaves through the industry. In an unsettling turn of events, the cryptocurrency market has drastically declined, erasing $400 …
Quick Look YOUR AI Protocol aims to revolutionize the $8.8 trillion e-commerce industry. Galaxy Digital Asset Management (GAM) reports over $10 billion in assets under management. Integrating with Shopify provides YOUR AI Protocol access to a vast user base. YOUR AI Protocol emerges as a beacon of innovation within the e-commerce realm, valued at an …
AI & Galaxy Digital: Pioneering $8.8T E-Commerce Revolution Read More »
Quick Look Solana (SOL) witnesses a striking 14% increase in 24 hours, reaching a 25-month peak at $173.27. A substantial 51% price surge was observed over 30 days, with forecasts aiming for $250. RSI escalates to 80.50, hinting at potential overbuying amid bullish trends. Introduction of the Israeli Shekel-backed stablecoin, BILS, on SOL spurs optimistic …
Quick Look Ethereum undergoes the Dencun hard fork on March 13, 2024, introducing proto-danksharding with EIP-4844. Proto-danksharding aims to supercharge layer-2 networks by providing cheaper, more efficient data settlement. An anticipated significant drop in transaction costs for layer-2 networks, benefiting both users and developers. Follow-up upgrades like Electra + Prague to further improve scalability and …
Dencun Upgrade Boosts Ethereum: Cheaper, Faster Data Read More »
Quick Look Tether freezes $1.4m USDT to aid U.S. law enforcement in a tech scam crackdown. Ethereum’s price surges as the Dencun upgrade approaches, promising reduced gas fees. Victims, mainly senior citizens, unknowingly got into transferring funds to protect against fake hacking alerts. Tether’s global cooperation led to freezing 800 million USDT tied to illegal …
Tether Halts $1.4M Scam; Cooperation With the FBI Read More »
Quick Look Ethereum’s market value rose by over 4%, reaching nearly $4,000. Ethereum and Bitcoin returns exceeded the S&P 500 by 14.7% and 10.0%, respectively. Weekly fees surpassed $190 million, with an annualized rate of over $10 billion. Supply reduction by about 33,000 ETH due to the fee-burn mechanism. Discussions with the SEC about an …
Quick Look Bitcoin (BTC) concludes its year-long accumulation phase, signalling potential shifts in market dynamics. Glassnode reports a 2.6% decrease in accumulator balances, marking the first decline since Q1 2023. Recent price actions see BTC hitting all-time highs, followed by a significant sell-off and recovery. The introduction of U.S. spot-bitcoin ETFs in January introduces new …
Quick Look MATIC price increases by 3.28% to $1.14, showcasing moderate volatility. Astar zkEVM launch marks a significant step in Polygon’s multi-chain roadmap. Strategic shifts include focusing on aggregated chains and a 19% staff reduction. Faces competition from Arbitrum and Optimism in the multi-chain ecosystem. Bullish market sentiment, with MATIC trading near key resistance at …
MATIC Rises 3.28% to $1.14 Amid Tech Innovations Read More »
Many investors seek the next potential moonshot in the ever-evolving landscape of cryptocurrency investments. The market is exhibiting robust strength, and various cryptocurrencies are vying for attention. Therefore, distinguishing between fleeting trends and enduring opportunities requires a keen understanding of market dynamics, technological advancements, and strategic investment approaches. BlastUP As a Revolutionary Tool for $1B …
Quick Look Solana (SOL) price soared by 13.3% in the last 24 hours, reaching a new yearly high of $124.17. Dogwifhat (WIF) memecoin, a Solana-based asset, witnessed a 55% spike ahead of Solana’s rally. Despite recent gains, Solana remains 52% below its all-time high of $259.62. Bitcoin (BTC) leads the market, with a 21% week-over-week …
Solana Soars 13.3%, Hits $124.17 Amid Market Rally Read More »
Quick Look Bitcoin reached a two-year peak of $57,036, signalling a robust 10% rally. MicroStrategy’s strategic acquisition of 3,000 bitcoins preceded the surge. Ethereum also showcased strength, hitting a peak at $3,275. U.S. Bitcoin ETF approvals have invigorated market optimism. Analysts forecast Bitcoin could soar to between $120,000 and $200,000 by late 2025. In an …
Bitcoin Soars to $57K: Strategic Buys & ETF Optimism Fuel Rally Read More »
Quick Look Short-term forecast suggests Bitcoin’s price could drop to $48,000 – $50,000. The long-term outlook remains positive, driven by steady CPI figures and the potential for federal funds rate drops. Ethereum shows a significant rally, with a 36% increase in February. Market influences include changes in BTC-Spot ETF market flows, and Federal Reserve rate …
Bitcoin’s $48K Drop Alert & Ethereum’s 36% Surge Read More »
Quick Look The SEC sued Kraken in November for operating without proper registration as a broker, exchange, and clearinghouse. Kraken contends that cryptocurrencies are commodities, not securities, challenging the SEC’s jurisdiction. The firm denies co-mingling funds and argues the lawsuit lacks claims of fraud or consumer harm. Kraken’s legal defence highlights the absence of a …
Quick Look Bitcoin’s price dipped to a low of $50,700, with Ether falling just under $2,890 before both currencies made a recovery. Over $200 million in crypto futures liquidations occurred, with a significant Nvidia earnings beat sparking renewed interest in AI tokens. AI tokens’ market cap soared past $15 billion, led by OpenAI’s Sora product …
Quick Look Bitcoin surged early in the month, crossing the $50,000 mark, but has since shown signs of stalling at $52,000. BlackRock is on the way to overtake Microstrategy Inc. The largest holder of bitcoin, driven by high activity in spot bitcoin ETFs. New research deems attacks on Bitcoin and Ethereum consensus mechanisms economically unfeasible, …
Cryptocurrency News: Bitcoin at $52K and $26M Hack Read More »
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