Cryptocurrency

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  • Consensys CEO believes decentralization will lead to a ‘generational paradigm shift’
    by Assad Jafri on 2. March 2024 at 20:43

    Consensys CEO and Ethereum co-founder Joseph Lubin said the world is on the cusp of a generational paradigm shift fueled by decentralization as the current monetary system of the world is failing. He made the statements during a fireside talk at ETHDenver, where he discussed his thoughts on what could drive the next supercycle in The post Consensys CEO believes decentralization will lead to a ‘generational paradigm shift’ appeared first on CryptoSlate.

  • CertiK: Exit Scams and Exploits Led to $160M Losses in Crypto Sector in February
    by Chayanika Deka on 2. March 2024 at 20:21

    Year-to-date losses in crypto have surpassed $343.5 million.

  • Blast: 7 of the Hottest Projects and Airdrops on the Ethereum Scaler
    by Sander Lutz on 2. March 2024 at 19:35

    DeFi protocols, incentivized gaming ecosystems, and meme coins are already dominating the Blast ecosystem in the first days.

  • Indonesia considers easing crypto taxation 
    by Ogwu Osaemezu Emmanuel on 2. March 2024 at 19:15

    Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.

  • Crypto startups lead the charge in February’s $485m VC boom
    by Rony Roy on 2. March 2024 at 19:07

    Venture capital firms have shown a growing interest in cryptocurrency startups, with February witnessing a significant uptick in investments.

  • Hidden Cryptocurrencies That Whales Pursue in a Bullish Market
    by Crypto Daily on 2. March 2024 at 19:00

    Discover the hidden crypto gems that whales are chasing in this bullish market! Ethereum's resurgence and major developments are igniting a frenzy in the altcoin space, making it the perfect time to spot potential winners. Don't miss out on these under-the-radar cryptocurrencies that could be the next big thing in your investment portfolio!

  • SEC ‘Crypto Mum’ Hester Peirce: No regulatory clarity allows fraud to thrive
    by Ogwu Osaemezu Emmanuel on 2. March 2024 at 18:56

    In a recent discussion with CNBC, Pierce called out Congress for not addressing crypto regulations, arguing that inaction stifles innovation and fuels fraud.

  • FTX reaffirms Galaxy Asset Management as exclusive intermediary amid bankruptcy chaos
    by Julius Mutunkei on 2. March 2024 at 18:39

    Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset sales amid bankruptcy proceedings. 

  • Outperforming Solana's Growth: Altcoins to Watch in March
    by Crypto Daily on 2. March 2024 at 18:31

    Don't miss the hottest altcoins set to outperform Solana this March! As the crypto market thrives with Bitcoin surpassing $62,000, these tokens are gearing up for explosive growth. Dive into the dynamic crypto landscape where a few under-the-radar assets are poised to make waves and potentially deliver massive returns.

  • Bitfinex shareholder Christopher Harborne in legal spat with Wall Street Journal
    by Julius Mutunkei on 2. March 2024 at 18:11

    A WSJ piece originally contained damning paragraphs implicating Harborne and AML Global, but those sections were later excised in an apparent acknowledgment of potential inaccuracies.

  • Avalanche (AVAX) & Dogecoin (DOGE) Traders Anticipate 20X Gains in DeeStream (DST) Presale Frenzy
    by Crypto Daily on 2. March 2024 at 18:04

    We delve into the market dynamics surrounding Avalanche (AVAX) and Dogecoin (DOGE), examining their investors' behavior amidst the prevailing bearish market sentiment.

  • Shiba Inu Just Ballooned To 124% – What’s Pushing The Price Up?
    by Christian Encila on 2. March 2024 at 18:00

    Shiba Inu (SHIB) has experienced a remarkable surge in recent times, mirroring the broader optimism sweeping the cryptocurrency market. This uptrend coincides with Bitcoin’s impressive rise above $63,000. Related Reading: Pepe Coin Soars Over 250% – Will March Bring More Surprises? Shiba Inu Explodes On The Weekly Timeframe The memecoin has witnessed significant gains, with a solid 61% jump in a 24-hour timeframe, a more impressive 124% increase over the week, and a stellar 50% growth in the past month. Source: Coingecko Notably, SHIB has finally clawed its way into positive territory for 2023, boasting a 10% gain since February. In addition to this, its market capitalization crossed the $8.5 billion barrier for the first time in a year. This bullish momentum is further bolstered by technical indicators. The recent price climb above $0.000014 has demonstrably reignited investor interest, as evidenced by the substantial 75% surge in trading volume. This suggests a potential breakout from a previous consolidation phase and could signal further upward movement if buying pressure persists. SHIB seven-day price rally. Source: Coingecko Market Strength And Bull Run Potential The total market capitalization of cryptocurrencies is nearing $2.5 trillion, a significant milestone. This uptick has fueled speculation among some analysts for a potential bull run, a period of sustained price increases. While past performance doesn’t guarantee future results, this rising market cap does suggest a return of investor confidence. Bitcoin is now trading at $61.970. Chart: TradingView.com These often highly volatile assets have experienced explosive price jumps, potentially contributing to a positive feedback loop within the broader market. This “meme coin frenzy” could be a sign of increased retail investor participation, which can be a double-edged sword, driving prices up but also increasing volatility. SHIB Investor Sentiment An interesting technical indicator is the improvement in Shiba Inu (SHIB) investor sentiment. Data suggests that over 50% of SHIB holders are currently sitting on profits, compared to a mere 10% in September 2022. This shift reflects the positive impact of the recent price increase and could further fuel buying pressure if the trend continues. Shifting Tides Meanwhile, on-chain data from Lookonchain indicates a sizeable investor, commonly referred to as a “whale,” has made a strategic shift in their holdings. This whale liquidated nearly 2 trillion PEPE tokens, profiting $3.5 million. This divestiture suggests the whale perceived PEPE to be nearing a price peak or no longer aligned with their investment goals. Related Reading: BNB Barrels Past $400, As Binance TVL Nears $5 Billion – Details Following the PEPE sale, the whale reinvested a portion, $893,000, into Shiba Inu (SHIB). This strategic allocation of 76 billion SHIB tokens suggests the whale anticipates potential growth in SHIB’s price. However, it’s important to remember that this is a singular instance. Featured image from Pexels, chart from TradingView

  • Ethereum (ETH) Nears $3,500, Kelexo (KLXO) Presale at $0.028: Solana (SOL) Early Buyers Expect Big...
    by Crypto Daily on 2. March 2024 at 18:00

    Ethereum (ETH) is currently edging close to the massive price of $3,500 attracting investors. This shouldn’t come as a surprise to many, as this is not the first time Ethereum (ETH) has reached this price point.

  • SlowMist founder ‘Mr. Cos’ shares expert insights on wallet signature security
    by Julius Mutunkei on 2. March 2024 at 17:59

    SlowMist founder Yu Xian has shared invaluable insights on identifying wallet signature security, urging users to equip themselves with knowledge and practical skills to navigate the complexities of securing their assets.

  • Whales Target These Stealthy Cryptos in an Ascending Market
    by Crypto Daily on 2. March 2024 at 17:50

    Discover the crypto market's hidden gems as Bitcoin whales target undervalued altcoins for massive gains! Dive into how they are poised to explode in value in this ascending market. Don't miss out on these stealthy cryptos that could be your ticket to unprecedented returns!

  • Pushd (PUSHD) Presale Ignites Hype, Attracting Ethereum (ETH) and Litecoin (LTC) Investors Globally
    by Crypto Daily on 2. March 2024 at 17:47

    The potential for returns in cryptocurrency investing is closely tied to innovation. Projects that introduce novel solutions or improvements to blockchain technology, financial services or digital applications can experience rapid appreciation. Investors focused on identifying these innovation-driven opportunities can achieve significant gains as the market recognizes and adopts these advancements.

  • Pepe is up over 250% this week but still trails Shiba Inu, Dogecoin
    by Ogwu Osaemezu Emmanuel on 2. March 2024 at 17:38

    Pepe Coin has rallied by more than 250% this week, displaying a remarkable bullish momentum across the global crypto market.

  • Protocol Village: Ankr to Create Liquid Staking Tokens for Bitcoin Staked via Babylon
    by Bradley Keoun on 2. March 2024 at 17:37

    The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.

  • The 5 Best Altcoins That Can Enhance Anyone’s Crypto Portfolio This March – Learn About the Top...
    by Crypto Daily on 2. March 2024 at 17:37

    There are thousands of altcoins for traders and investors to pick from, but not all of them will perform in a bullish way throughout the upcoming trading sessions. Looking at innovative and high-growth projects is essential, and throughout March of 2024, five projects can see a notable upswing.

  • Bitcoin (BTC) Price Approaches ATH, While KangaMoon (KANG) and Kaspa (KAS) Attract Whales
    by Crypto Daily on 2. March 2024 at 17:22

    Once more, Bitcoin price has surged, nearing the $60,000 mark for the first time since November 2021. This recent uptick in price follows closely on the heels of Bitcoin surpassing the $50,000 milestone just a fortnight ago.

  • Hong Kong’s CSOP Bitcoin Futures ETF Sees 5-Fold Surge in Assets Amid BTC Rally
    by Wayne Jones on 2. March 2024 at 17:17

    Hong Kong's top futures Bitcoin ETF sees assets surge 500%, hitting $100M milestone since October 2023.

  • Pullix (PLX) Presale Hooks Solana (SOL) and Cardano (ADA) Investors Amid 250% Surge
    by Crypto Daily on 2. March 2024 at 17:03

    New market entrant, Pullix (PLX) has generated significant buzz through its presale, attracting considerable interest from investors in both communities of Solana (SOL) and Cardano (ADA). With an impressive surge of 250% in value

  • Analysts: next frontier of decentralization is AI and spatial computing
    by Dalmas Ngetich on 2. March 2024 at 17:00

    Analysts are convinced that the next era of decentralization will be driven by AI and spatial computing, a sphere spearheaded by Posemesh

  • Next-Gen Crypto Boom: Coins Set for a 1,000% Upswing
    by Crypto Daily on 2. March 2024 at 16:52

    Get ready for the next big crypto revolution! Ethereum (ETH) leads the charge with a potential 1,000% upswing, setting the stage for an explosive altcoin season. Discover how other promising coins are gearing up to potentially outperform even ETH's success, mirroring a massive growth trend in the ever-evolving crypto market.

  • Ethereum (ETH) and Ripple (XRP) Holders Flock to Raffle Coin (RAFF) Presale Unveiling 50X Potential
    by Crypto Daily on 2. March 2024 at 16:45

    Ethereum (ETH) has broken past $3,400 as of this writing, riding the wave of Bitcoin (BTC) surpassing $62,000 within the day’s trading session. However, one altcoin in the top 10 hsa continued to underwhelm even as most altcoins turned in double-digit gains in the past week. Care to take a guess? It’s perennial underperformer Ripple (XRP).

  • IOTA, BEFE Coin, and Osmosis Navigate the Path to $312,000 in Profits from a $150 Crypto Trade
    by Crypto Daily on 2. March 2024 at 16:38

    The crypto market sees new projects come up all the time as well as already established coins looking to become dominant. In this paper, the price of IOTA, BEFE Coin and Osmosis will be analyzed, revealing their potential pathways for profitability and showing how an amount of $150 can produce remarkable gains.

  • Game On: The Hottest Upcoming Gaming Token Airdrops
    by Andrew Hayward on 2. March 2024 at 16:36

    UPDATED: The Portal and Pixels airdrops have taken place, but there are still several gaming token airdrops on the horizon. Here's the latest.

  • Is BTC Overdue a Correction Following Epic Rally Above $60K? (Bitcoin Price Analysis)
    by CryptoVizArt on 2. March 2024 at 16:28

    Bitcoin’s price has been on an almost vertical rise in the last few days, approaching its all-time high of $69K. Yet, the cryptocurrency might not make a new record right away, as some warning signals are pointing to a short-term correction. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, it is evident

  • Top 5 Crypto Picks for Immediate Diversification: Buy Before They Skyrocket
    by Crypto Daily on 2. March 2024 at 16:26

    Uncover the top 5 crypto picks primed for immediate diversification and poised for explosive growth! Ethereum's resurgence and major developments are igniting a potential altcoin season, where selected cryptocurrencies could skyrocket. Don't miss the chance to buy these hidden gems before their value soars to new heights!

  • Shiba Inu (SHIB) Burn Rate Skyrockets by 30,000%
    by Dimitar Dzhondzhorov on 2. March 2024 at 16:25

    Almost 4 million SHIB tokens have been removed from circulation in the last 24 hours.

  • Shiba Inu Price Predictions as SHIB Explodes 100% Weekly
    by Dimitar Dzhondzhorov on 2. March 2024 at 16:22

    SHIB’s price recently hit a one-year high; check out if the rally could continue.

  • Tokenized Real Estate Platform Blocksquare Lists BST Token on Gate.io Exchange
    by Chainwire on 2. March 2024 at 16:19

    [PRESS RELEASE – Ljubljana, Slovenia, March 2nd, 2024] Blocksquare, a pioneering force in real estate tokenization, has confirmed that its native Blocksquare Token (BST) will be available for trading on leading cryptocurrency exchange Gate.io from March 4. The news marks a major milestone in Blocksquare’s journey to transform the property investment landscape, enabling investors to

  • Laxmi M – Presenting A Decentralized Spiritual Ecosystem
    by Chainwire on 2. March 2024 at 16:16

    [PRESS RELEASE – Delhi, India, March 2nd, 2024] Introducing an old soul with a new spirit. For a long time, people have been unaware of the fact that there is a simpler way to immerse themselves in spirituality without physically attending. This concept gained significant attention after the lockdown when people were unable to visit

  • Analysts Say This Token Could Knock Out Shiba Inu (SHIB) From Top 20 Crypto List in 2024
    by Crypto Daily on 2. March 2024 at 16:08

    Retik Finance (RETIK), an innovative multi-chain decentralized finance (DeFi) platform, is making waves in the crypto space with its futuristic offerings. Analysts predict that Retik Finance could displace meme coin Shiba Inu (SHIB) from the top 20 cryptocurrency list by market capitalization in 2024.

  • Pushd (PUSHD) Presale Emerges as a Formidable Contender Amidst Avalanche (AVAX) Struggles
    by Crypto Daily on 2. March 2024 at 16:00

    Pushd (PUSHD) is disrupting the crypto space. As the crypto world prepares for a possible market boom, investors are searching for the best projects to jump on in the hope of significant gains. The volatility of the crypto market means that investors would need to know when to abandon one ship for the next.

  • Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M
    by Bradley Keoun on 2. March 2024 at 16:00

    The Taiko project, distinguished for its "based sequencing" architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.

  • Explosive Launch: Decentralized Raffle Coin (RAFF) Presale Hits, Over $3,300 ETH & $60K BTC
    by Crypto Daily on 2. March 2024 at 15:56

    In the dynamic market of cryptocurrency, the launch of Decentralized Raffle Coin (RAFF) has made a significant impact, attracting attention alongside the impressive performance of Ethereum (ETH) and Bitcoin (BTC).

  • Demand Soars: Experts Predict 50X for Awaited Raffle Coin (RAFF) Presale, Ethereum (ETH) & Bitcoin...
    by Crypto Daily on 2. March 2024 at 15:50

    With anticipation soaring and experts predicting substantial gains, the awaited Raffle Coin (RAFF) presale has captured the attention of the cryptocurrency community. As demand surges for this innovative decentralized platform which promises to revolutionize the world of online raffles, investors are eagerly awaiting the opportunity to participate.

  • Cardano (ADA), Tron (TRX) and Solana (SOL) Holders Rush to Buy Pushd (PUSHD) Presale as 30x Rumors...
    by Crypto Daily on 2. March 2024 at 15:42

    After a downturn in the market last year, holders and crypto users have begun to go in search of crypto coins with a promising future to avert losing too much than they can hold. Unfortunately, the likes of Cardano (ADA), Tron (TRX) and Solana (SOL) used to be the center of attraction but have now become the top crypto coins that should be avoided like a plague.

  • Meme coin mania: Shiba Inu, Floki, Dogwifhat surge
    by Julius Mutunkei on 2. March 2024 at 15:39

    Shiba Inu, the dog-themed meme coin, witnessed a surge in its burn rate, with a staggering 3,0187% increase on March 1. Meanwhile, Floki is up nearly 80% from 24 hours ago.

  • From Rags to Riches, understanding the profitable journey of Axelar, BEFE coin and Terra Luna
    by Crypto Daily on 2. March 2024 at 15:36

    Imagine investing $200, which turns into a whopping windfall of $400,000. Cryptocurrencies have created stories of immense success, and certain digital assets are at the centre of this financial revolution, such as Axelar, Terra Luna and others. This article covers the captivating journey these cryptocurrencies have taken, tracking their meteoric price rise as well as exploring how price dynamics played a pivotal role in their profitable journey.

  • Crypto Analyst Predicts Parabolic Rally For Cardano – Here’s The Timeline
    by Christian Encila on 2. March 2024 at 15:30

    Several analysts have expressed optimism, suggesting that Cardano (ADA) is poised for a bullish market surge in the near term. ADA recently went on an impressive spike on the last day of February, registering a 14% gain to push its price above $0.7 for the first time since May 2022.  Related Reading: BNB Barrels Past $400, As Binance TVL Nears $5 Billion – Details Despite these gains, there have been concerns from some investors of ADA potentially falling behind in its performance relative to Bitcoin in the last bull cycle. Popular crypto analyst Dan Gambardello addressed some of these concerns in a recent video posted on X. He mentioned that Cardano is currently within a typical trend and that a bull indicator which is expected to welcome a parabolic price spike would soon be triggered. Parabolic Rally For Cardano Gambardello’s recent video analysis came mostly to address concerns about ADA’s underperformance in this bull cycle. Particularly, parallels were made to the last time Bitcoin reached $60,000 in March and ADA was trading around $1.30 to $1.98. However, this hasn’t repeated itself and traders are beginning to wonder if ADA will attract the same bullish sentiment. Bitcoin has now broken past the $60,000 mark again and ADA finds itself in the $0.66 to $0.7 region.  Gambardello emphasized Ethereum’s past action as a comparison, noting that the cryptocurrency is one cycle ahead of Cardano. In that context, when Bitcoin neared its former all-time high of $17,000 in the last cycle in 2021, Ethereum was at $500. This seemingly underperformed its previous performance without raising a cause for concern from investors, as ETH was at $700 when BTC reached an all-time high of $17,000 in 2017.  He remarked that since ADA is currently mirroring Ethereum’s last cycle, the current price movement is normal. He also noted that most altcoins are getting ready to power through.  Ultimately, the analyst noted that a bullish break of structure just occurred on ADA’s weekly chart. The last time this happened in 2021, ADA went on a price surge from $0.15 to $1.5.     Bitcoin is now trading at $61.777. Chart: TradingView.com Current State Of Cardano Gambardello noted in his analysis that while the break of structure indicator got triggered above $0.7, ADA saw a minor correction shortly after. In light of this, he made the observation that a significant disruption of structure might take place within the next three days. Remarkably, ADA has in fact broken out of the $0.7 price level since the analyst posted his video online. At the time of writing, ADA is trading at $0.74, up by 10% in the past 24 hours. Particularly, ADA reached above $0.76 in the past 24 hours.  Related Reading: Dogwifhat What? Memecoin Barges Into 86th Spot With 320% Rally – What’s Going On? The Cardano blockchain recently crossed over 10 million blocks. ADA is now on its way to continue on massive gains along with the rest of the crypto market.  Featured image from Pexels, chart from TradingView

  • Apecoin, BEFE Coin, and Axelar: How $300 Grew to $500,290 through Strategic Crypto Trading
    by Crypto Daily on 2. March 2024 at 15:22

    The cryptocurrency market can be volatile but also very rewarding. By trading strategically and carefully analyzing it, one can achieve substantial returns. This article will concentrate on three cryptocurrencies; Apecoin, BEFE Coin and Axelar.

  • Solana NFT market picks momentum, Rebel Satoshi prepares to launch
    by Guest Post on 2. March 2024 at 14:30

    Aside from Ethereum, Solana is a popular NFTs platform. NFTs also form part of the soon-to-be-launched Rebel Satoshi

  • Got Bitcoin? Another US Bank Shows Signs of Weakness After Acquiring Signature
    by Andrew Throuvalas on 2. March 2024 at 14:28

    NYCB’s stock is crashing following a disastrous Q4 earnings report and multiple executive departures.

  • Ideogram Is A New AI Image Generator That Obliterates the Competition, Outperforming MidJourney and...
    by Jose Antonio Lanz on 2. March 2024 at 14:01

    This relatively unknown challenger is ready to take the crown, excelling where the most popular image generators fail.

  • SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins
    by Shaurya Malwa on 2. March 2024 at 13:55

    Pepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs.

  • Bitcoin Cash and Bitcoin bullish; NuggetRush set for gains
    by Guest Post on 2. March 2024 at 13:40

    Bitcoin Cash and Bitcoin are bullish. The NuggetRush presale has already distributed 203 million NUGX

  • SocialFi is the antidote to social media’s advertising problem | Opinion
    by Guest Post on 2. March 2024 at 13:36

    The promise of decentralized social media is clear—more control for creators, better compensation models, and stronger digital communities.

  • Borroe Finance is in focus, SUI and Solana falls
    by Guest Post on 2. March 2024 at 13:30

    SUI and Solana prices are falling as investors turn to Borroe Finance in the ongoing presale

  • Floki Price Surges 100% as Burn Proposal Passes
    by Shaurya Malwa on 2. March 2024 at 13:18

    As reported last week, the burn removes 2% of the tokens from the circulating supply.

  • Who Is ‘Mr 100’, the Mysterious Bitcoin Whale That Now Holds $3 Billion?
    by Jason Nelson on 2. March 2024 at 13:01

    A shadowy figure has amassed 54,164 BTC, stirring curiosity in the crypto community as the market heats up.

  • Dogwifhat What? Memecoin Barges Into 86th Spot With 320% Rally – What’s Going On?
    by Christian Encila on 2. March 2024 at 13:00

    The strong ascent of Dogwifhat (WIF) has made it stand out among cryptocurrencies and captivated investors. Crypto markets are gearing up for the first weekend of the month, and memecoins in particular are showing strong signs of positive momentum. Related Reading: Bitcoin Ascent To $64,000 Causes Coinbase To Crash – Here’s What Happened Amidst the increased hope, the meme coin based on Solana experienced an incredible 320% rally last week, propelling WIF to the top 100 cryptos from a valuation of $1 billion or more. However, why has this ascent been so rapid? Dogwifhat’s Rise: Bulls In Action At the time of writing, the price of Dogwifhat had increased 35% to $1.20, and its trading volume had surged 75% to $388 million. Over the past day, the value of one WIF token has fluctuated between $0.83 and $1.32. Withstanding sufficient bullish and bearish pressures, WIF has been trading within an ascending parallel channel since its debut. In spite of this, bulls should be prepared to fight fiercely against any bearish pressures that may arise. Bitcoin is now trading at $61.921. Chart: TradingView.com As a result, we anticipate that the WIF price will first reach $1.5 after continuing its upward consolidation along the parallel channel’s upper resistance. If the bulls keep on their momentum, getting to $2 might not be too difficult for dogwifhat pricing. Robinhood Europe’s IPO of the WIF token occurred at the same time as Dogwifhat’s stratospheric ascent in the cryptocurrency hierarchy. European customers of Robinhood can now trade WIF in addition to a plethora of well-established tokens, such as XRP, Cosmos, and Polkadot. The fucking hat stays on. Who is $WIF me? pic.twitter.com/Cq0eNp6JTp — Arthur Hayes (@CryptoHayes) March 1, 2024 The anticipation for the Robinhood listing was reaching a peak, and former BitMEX CEO Arthur Hayes was among the many who took to social media to voice their opinions. X influencer “OSF” has fueled rumors that other major exchanges like Coinbase, Binance, or Gemini may soon join Robinhood in listing Dogwifhat, which is a huge deal for everyone. Honestly mental that $WIF is about to hit $1bn market cap and still isn’t listed by @coinbase, @Gemini or @binance. pic.twitter.com/Jk0gpWy5ME — OSF (@osf_rekt) March 1, 2024 Whale Confidence Boosts Dogwifhat’s Surge Separately, Lookonchain, an on-chain data source, uncovered substantial whale activity in the WIF area. A large investor recently bought more over 673,000 WIF tokens at $1.36 each after withdrawing around $918,000 worth of Solana from Binance. Related Reading: BNB Barrels Past $400, As Binance TVL Nears $5 Billion – Details Also, this whale has clearly seen the potential in WIF; he has spent $2 million to buy 2.82 million tokens at $0.71 each, demonstrating his faith in the project. This whale’s activities, which resulted in an unrealized profit of almost $1.35 million, add to the positive attitude around dogwifhat (WIF) and its prospects for significant gains in the coming months. Featured image from Pexels, chart from TradingView

  • This Week in Coins: Bitcoin Rallies But Dogecoin and Other Memes Steal the Show
    by Mathew Di Salvo on 2. March 2024 at 12:01

    As Bitcoin roared, Ethereum, Solana, and Dogecoin also made big gains.

  • Trump MAGA Meme Coins Are the First Experiment in 'PoliFi'
    by Sam Reynolds on 2. March 2024 at 12:00

    One part community, one part prediction market, the meme coin with the former president's namesake is a troll project that became serious, its marketing director told CoinDesk in an interview.

  • Hungary Issues Draft Law Allowing Banks To Offer Crypto Services
    by Amara Khatri on 2. March 2024 at 11:56

    The bill aims to establish a comprehensive regulatory framework for cryptocurrencies and other digital assets and revolutionize the country’s financial sector.

  • Here’s What to Expect in March After Bitcoin’s Rally to $64K: Santiment
    by Mandy Williams on 2. March 2024 at 11:21

    Historical data shows that super-inflated average trader returns combined with weak whale accumulation likely lead to a short-term correction.

  • Laxmi M - Presenting A Decentralized Spiritual Ecosystem
    by Crypto Daily™ on 2. March 2024 at 10:46

    Laxmi M - Presenting A Decentralized Spiritual Ecosystem

  • Tron founder teases ETF; investors flowing to Arbitrum and InQubeta
    by Guest Post on 2. March 2024 at 10:35

    Investors have been doubling down on Arbitrum (ARB) and InQubeta (QUBE) as Sun hints of a TRX ETF

  • Pepe Coin Soars Over 250% – Will March Bring More Surprises?
    by Christian Encila on 2. March 2024 at 10:31

    There are lots of surprises during the bull season. Occasionally, during a bull run, coins that have been falling or thought to be dead can rise again, and tokens with defective models can self-correct. In the instance of Pepe Coin (PEPE), which was thought to have lost value and utility but has recently gained attention and is amassing a large number, this is the situation. Related Reading: Ethereum Bulls Get Aggressive As Traders Set Sights on $4,000 Amid Market Frenzy With Bitcoin getting close to its peak price and the market rallying, the cryptocurrency space is a flurry of activity. Memes have particularly profited from this renaissance because of their widespread popularity and low cost, which draw in a diverse range of investors. Pepe Coin Climbs Amid Increased Memecoin Interest Pepe Coin has stood out in this surge of interest, coming in third place in the meme coin rankings, only behind Shiba Inu (SHIB) and Dogecoin (DOGE). This rise suggests that investors are becoming more interested. PEPE had a very diverse trajectory and became a billion-dollar asset at periods when there was speculation of a huge trend reversal. The market cap rise of the memecoins was increasing dramatically. Source: Coingecko The weekly and daily chart patterns, when analyzed, show consistent growth that might perhaps reach new heights. February saw the start of Pepe’s value climb, which culminated in a 200% spike in just one week. Today, Pepe reached a top of $0.0000041, and registered an impressive 255% rally in the weekly timeframe. The coin’s performance was equally notable in the 24-hour timescale, with a nearly 50% gain. The weekly chart shows Pepe’s value is still above the critical resistance level, indicating that the market is confident and that there may be further rises ahead. PEPE seven-day sustained price rally. Source: Coingecko The bulls will regain momentum and challenge the price’s upper resistance level of $0.00000315 if the market pushes the price above the barrier level of $0.00000280. Additionally, if the bulls maintain their hold on the market, it will rise further and get ready to test its upper boundary of $0.00000350. Meme Coin Profits Up In the meantime, a scenario of note occurred when six prominent wallets made trades and sold approximately 2 trillion $PEPE coins between them. Sales for the transaction totaled about $4.37 million, while profits came close to an astounding $2 million. Token exchanges of this size demonstrate the extent of market activity around $PEPE during this upswing. Total crypto market cap is currently at $2.262 trillion. Chart: TradingView.com Although lacking the technological sophistication of Ethereum, its merits reside in its active participation by the community and the capacity for social media to go ubiquitous. Similar to other meme coins, Pepe Coin is subject to significant fluctuations in value due to celebrity endorsements and community sentiment. This renders it a potentially lucrative investment opportunity for individuals adept at navigating the tumultuous realm of internet meme culture. With Pepe Coin experiencing a remarkable 250% surge, all eyes are on what March holds for this unpredictable cryptocurrency. As investors eagerly anticipate further developments, the question lingers: Will Pepe Coin continue to defy expectations and unveil more surprises in the coming month? Related Reading: BNB Barrels Past $400, As Binance TVL Nears $5 Billion – Details Featured image from Pexels, chart from TradingView.com

  • The role of crypto in wartime support for Ukraine | Opinion
    by Guest Post on 2. March 2024 at 10:29

    Inspired by the resilience and innovation of Ukraine’s defenders, I want to show how crypto has made a tangible difference in these historic times.

  • Shiba Inu (SHIB) Explodes 65% Daily, Dogecoin (DOGE) Follows Suit With 20% Surge (Weekend Watch)
    by Jordan Lyanchev on 2. March 2024 at 7:43

    The two-largest meme coins have taken the main stage in the crypto market in terms of daily gains.

  • Cardano rival rockets 2,000% in Q1 2024 to $0.14
    by Guest Post on 2. March 2024 at 7:35

    Pullix (PLX) has caught the attention of crypto investors, challenging Cardano (ADA)

  • Historical Data Signals Bitcoin’s Imminent 25% Plunge – Time To Buy Or Bail?
    by Samuel Edyme on 2. March 2024 at 3:00

    Historical data suggests that no Bitcoin cycle has peaked without experiencing significant double-digit corrections. These downturns, while daunting, have historically presented lucrative ‘buy-the-dip’ opportunities for investors. As Bitcoin continues its ascent, with its price hovering above $62,000, the anticipation of a potential correction looms large, offering a window into the cyclical nature of cryptocurrency markets. Related Reading: JPMorgan Analysts Predict Bitcoin Crash To $42,000 Post-Halving – What You Need To Know Market Maturity And Correction Patterns Seasoned investor CryptoJelleNL recently shared a post on X earlier today pointing towards an imminent correction in the 20-25% range for Bitcoin. Based on cycle analysis, this predicted dip indicates a potential drop to the $46,500 range, earmarking an opportunity for investors to bolster their positions in the leading crypto. Corrections are an essential part of a #Bitcoin bull market — but with each passing cycle, the dips become shallower. This cycle, it looks like ±20-25% will be the sweet spot for dip-buying. Your job is to be ready to take advantage when it comes. pic.twitter.com/xrI7iKfiPR — Jelle (@CryptoJelleNL) March 1, 2024 This perspective gains further credence when examining the diminishing severity of corrections as the market matures; the 2016-2017 Bitcoin cycle was characterized by seven substantial corrections, with an average pullback of 32%, significantly impacting investor sentiment and portfolio values. In the subsequent cycle that propelled BTC to its current all-time high of $69,000, the market conditions were considerably more lenient for bullish investors: experiencing five downturns, the average decline was limited to 24%. Fast forward to the present cycle, and the landscape appears somewhat different. With only four notable corrections recorded so far and an average pullback of 21%, Bitcoin should see a notable pullback, though not as harsh as previous ones. This indicates the market’s growing maturity. Additionally, this evolution suggests that while corrections remain a staple of the Bitcoin experience, their capacity to deter the asset’s long-term trajectory diminishes. Navigating Bitcoin Upcoming Corrections The potential correction for Bitcoin, as indicated by CryptoJelleNL is echoed by other market observers. Galaxy Digital Holdings CEO Michael Novogratz has also highlighted the possibility of a temporary dip, attributing it to factors such as excessive leverage among younger investors. Despite these forecasts, Bitcoin’s current momentum remains strong, with recent price action showing a near 2% increase in the past 24 hours, underscoring the asset’s sturdy appeal. In addition to speculative analysis, real-world examples of investor success stories provide tangible evidence of Bitcoin’s enduring allure. A notable instance is a smart whale who, per lookonchain analytics, invested $1.39 billion in Bitcoin in July 2022 at an average price of $21,629 per BTC. Related Reading: Bullish Forecast: Analyst Predicts Surge To $88,000 As Bitcoin Hits Highest Level In Two Years With BTC price now surging past the $62,000 mark, this investor’s unrealized profit is a testament to the strategic potential of timely market entry and the value of patience in the face of volatility. A smart whale has accumulated 22,670 $BTC($1.39B) at an average price of $21,629 since $BTC entered the bear market in July 2022. He currently has an unrealized profit of more than $900M!https://t.co/gT1kfWq5YF pic.twitter.com/BTcijZB0IA — Lookonchain (@lookonchain) March 1, 2024 Featured image from Unpslah, Chart from TradingView

  • BlackRock Spot Bitcoin ETF Launches In Brazil, ETF Market Secures 4% Of Total BTC Supply
    by Ronaldo Marquez on 2. March 2024 at 2:00

    BlackRock, the world’s largest asset manager, announced the iShares Bitcoin Trust ETF (IBIT39) launch in Brazil on Thursday. Starting today, Friday, March 1, shares of this index fund, which tracks the spot price of Bitcoin (BTC), will be traded on the Brazilian Commodities and Futures Exchange, known as B3. BlackRock Launches IBIT39 Bitcoin ETF In Brazil Karina Saade, president of BlackRock in Brazil, highlighted the company’s commitment to providing high-quality access vehicles to investors in the digital asset market. She stated: IBIT39 is a natural progression of our efforts over many years and builds on the fundamental capabilities we have established so far in the digital asset market. Related Reading: Crypto Analyst Reveals Why Most Realistic XRP Price Lies Between $13 And $39 Felipe Gonçalves, Superintendent of Interest and Currency Products at B3 discussed the growth of the listed crypto market in Brazil. He noted that the market, which started in 2021, now has 13 ETFs with total assets of R$2.5 billion, or about $505 million. While the market experienced fluctuations in its early years, it reached an eye-catching daily trading volume of R$30 million reais ($6.6 million) by the end of last year, according to local media reports in Brazil.  Gonçalves mentioned that investors in crypto ETFs include institutional investors, such as funds, and individual investors, with a current number of 170,000. Liquidity in the market is provided by non-residents investing in B3 as a whole. IBIT39 will reportedly have a management fee of 0.25%, with a one-year waiver that reduces the fee to 0.12% once the fund reaches its first $5 billion in assets under management (AUM). The product will be made available to the general public, allowing broader participation in the Bitcoin market. $7.5B Net Inflow In Bitcoin ETFs Since Launch In The US BlackRock’s IBIT (iShares Bitcoin Trust) ETF has emerged as a notable player in the US ETF race, countering a significant outflow from Grayscale’s Bitcoin Trust (GBTC). BitMEX research data shows that on February 29, 2024, positive flows amounted to $92 million for the day. Notably, BlackRock and GBTC offset each other, experiencing $600 million in opposite directions. The data shows that since the ETFs began trading on January 11, 2024, there has been an impressive net inflow of $7.5 billion. Related Reading: Shiba Inu Could See A 2,100% Run If This Happens The overall holdings of spot funds, which directly hold Bitcoin, stood at 776,464 BTC (equivalent to $47.7 billion) on Friday morning, according to BitMEX Research. It’s essential to consider that the total BTC supply currently in circulation is 19.64 million, with a maximum limit of 21 million.  With this context, the fact that the ETFs have secured 4% of the total BTC supply is a significant milestone. It demonstrates the growing demand for Bitcoin among investors utilizing these index funds to gain exposure to the cryptocurrency. BTC continues to consolidate above the $62,000 mark, rising 1.3% in the past 24 hours. Featured image from Shutterstock, chart from TradingView.com

  • SEC's Hester Peirce Says Regulator's Approach to Crypto Has Been ’Strange’
    by Jason Nelson on 2. March 2024 at 0:33

    Peirce expressed frustration over delayed action on Bitcoin ETFs—but remained mum on the prospects of an Ethereum equivalent.

  • Cardano’s Price Performance In The Current Bull Run – Is ADA Lagging Behind?
    by Samuel Edyme on 2. March 2024 at 0:30

    As Bitcoin (BTC) is currently in a bull run, eclipsing the $60,000 mark once again, the spotlight has turned to ADA performance in comparison. With a history that mirrors Ethereum’s (ETH) early days, ADA’s journey through the market’s ups and downs has prompted a closer examination of its potential trajectory. The eighth-largest cryptocurrency by market cap, ADA has seen its fair share of highs and lows, with a recent uptick in price sparking both interest and speculation about its future. Particularly, Cardano’s current trading level, lingering below the highs of the March-April 2021 bull run, has raised eyebrows, especially when juxtaposed with Bitcoin’s bullish momentum. Related Reading: Bullish Forecast: Analyst Predicts Surge To $88,000 As Bitcoin Hits Highest Level In Two Years During the last peak period when BTC hit $60,000, ADA traded above $1. Yet, as Bitcoin revisits its former glory, ADA’s valuation stands around $0.6, presenting a curious case for analysis. Dan Gambardello, a crypto analyst have drawn parallels between ADA’s price action and Ethereum’s historical performance, suggesting that ADA may be on the cusp of a “significant breakout”, akin to ETH’s journey post-2017. CARDANO Bull Indicator Almost ACTIVATED! (Truth Behind ADA Price!) Intro 00:00 Cardano price concern 00:50 Is Cardano price lagging this cycle? 1:30 Ethereum offers helpful context 2:30 Cardano is within a normal move 8:00 Cardano bull indicator almost triggered! 9:25 pic.twitter.com/8tRlwEj8AO — Dan Gambardello (@cryptorecruitr) March 1, 2024 ADA Historical Echoes With Ethereum Dan Gambardello’s comparison of ADA to Ethereum’s past trajectory sheds light on the developmental parallels and market behavior between the two cryptocurrencies. Gambardello points out that ADA’s entry into the market towards the tail end of the 2017 bull run placed it in a different starting position than ETH. Despite this, both currencies achieved notable highs during that period. The subsequent bear market phases for both ADA and ETH were marked by substantial corrections and periods of foundational development, crucial for their long-term viability, according to Gambardello. The analyst added that the emergence of Decentralized Finance (DeFi) projects on both platforms, with Uniswap for ETH and SundaeSwap for ADA, underscores the parallel paths of “innovation and growth.” This historical perspective suggests that ADA’s current position and 78% dip from its peak might not be as dire as it appears. Instead, it could indicate a maturing phase that precedes significant growth, much like Ethereum experienced after its initial setbacks. Related Reading: ADA Price Breakout: Analyst Predicts New All-Time High As Cardano Surges by 30% The comparison offers a hopeful outlook for ADA, positioning it as a digital asset with the potential to recover and surpass its previous highs as it follows in Ethereum’s footsteps. Cardano’s Potential Unfolding Crypto analysts Trend Rider and Ali’s recent analysis has also amplified the optimism surrounding Cardano’s future. Trend Rider’s alert on a potential new all-time high for ADA, backed by a significant increase in the Trend Strength Indicator, echoes the sentiment of a pending rally reminiscent of ADA’s climb to $3.6. 🚨 $ADA Bull Run loading. Both our Moving Average Ribbon and our Money flow oscillator are bullish again after 200 Weeks! These are undenieable macro facts. Enjoy the ride, I will monitor the chart each week in case there are warning signals PS: Free trading course… pic.twitter.com/sC3fhRZGl0 — Trend Rider (@TrendRidersTR) February 29, 2024 Furthermore, Ali’s projection of ADA hitting $8 in the upcoming bull run, based on a breakout pattern in the weekly price charts, adds to the growing consensus of Cardano’s untapped potential. The #Cardano breakout may come earlier than expected! Still, if history repeats itself, we are anticipating $ADA to rise to $0.80, retrace to $0.60, and then enter a bull run toward $8 by January 2025! pic.twitter.com/HuVAxFEg9Y — Ali (@ali_charts) February 15, 2024 Featured image from Unpslah, Chart from TradingView

  • Biden administration’s notorious Bitcoin mining survey halted after legal backlash
    by Mike Dalton on 1. March 2024 at 23:30

    The US Energy Information Administration (EIA) agreed to stop the emergency survey of Bitcoin miners as part of an agreement to end the lawsuit filed by several industry players, including the Texas Blockchain Council. According to the March 1 court filing, the EIA must destroy any survey information it has already received and information yet The post Biden administration’s notorious Bitcoin mining survey halted after legal backlash appeared first on CryptoSlate.

  • Arbitrum to unlock over $2 billion in tokens this month
    by Vivian Nguyen on 1. March 2024 at 23:10

    Arbitrum is expected to unlock over $2 billion worth of ARB tokens to reward investors, advisors, and its team in the next two weeks.

  • Crypto Exchange Says Cardano Price Can Reach $165, Here’s When
    by Scott Matherson on 1. March 2024 at 23:00

    Cardano (ADA) is currently riding on the back of a 14% gain in the past seven days, allowing the cryptocurrency to break past the $0.70 price level for the first time since May 2022. According to crypto exchange Changelly, Cardano is poised to continue on this price growth and break over $1, $10, and $100 in the coming years and decades. Changelly Predicts Exponential Cardano Price Growth Cardano is one of the biggest cryptocurrencies by market cap with a cap of over $23.5 billion. Although ADA has since retraced some of its gains earlier in the week and is now trading below $0.77, it ended February with a 35% gain amidst a wider inflow of money into the crypto market. Current fundamentals have prompted experts to forecast a continued price surge in March. Related Reading: Crypto Expert Reveals Why Bitcoin Can Rise To $400,000 According to Changelly’s prediction, ADA will continue on this price growth to make a steadfast breakout above $0.70 and end the month at a maximum of $0.751. Notably, analysts at the exchange also looked at future price points for ADA, predicting very bullish prices. In its prediction, the exchange noted ADA would break over $10 in 2030. With the cryptocurrency now trading at $0.66, this would mean a 1,400% growth from the current price level. Looking further into the future, Changelly expects this price growth to continue into the next decade, allowing ADA to eventually break over $165 by 2040 and end the year around $600. How Feasible Is This Bullish Prediction? Cardano has had its fair share of ups and downs in the past few years. Recently, the blockchain network saw a 90% jump in the creation of new wallet addresses, indicating increased network activity and interest in the network. However, the blockchain has also been subjected to negative remarks, with multiple reports hinting that Cardano’s network activity has been nothing but fabrications. Particularly, a recent report termed ADA as a dead coin. Related Reading: Bitwise CEO Says Bitcoin At $250,000 Is Closer Than You Think Despite this, some holders and experts remain optimistic. For ADA to cross over $10 and $100 per coin, mainstream adoption needs to happen. As the crypto industry, which is spearheaded by Bitcoin, becomes more mainstream, Cardano is poised to benefit from greater adoption. While $165 per ADA sounds overly optimistic now, if Cardano can achieve its ambitious goals, gain mainstream interest and adoption, and attract institutional investment from traditional investors, that price target may not be so unrealistic after all. At the same time, this isn’t impossible, as ADA has delivered over 3,000% profit for its holders in the past. ADA price at $0.68 | Source: ADAUSD on Tradingview.com Featured image from Blockchain News, chart from Tradingview.com

  • Robinhood taps Arbitrum for lower-cost, faster cross-chain transactions
    by Vivian Nguyen on 1. March 2024 at 23:00

    Robinhood partners with Arbitrum to provide users with efficient and cost-effective ways to engage with cross-chain assets & DeFi protocols.

  • Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs
    by Mike Dalton on 1. March 2024 at 22:44

    Grayscale CEO Michael Sonnenshein said the financial industry has “never seen such insatiable demand for an ETF wrapper” as it has seen with Bitcoin ETFs. Sonnenshein made the statement during a CNBC interview on March 1, where he shared his insights about the performance of spot Bitcoin ETFs and the market’s response to their recent The post Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs appeared first on CryptoSlate.

  • Bitcoin Miners Are Struggling After ETF Launch—Except One
    by Andrew Throuvalas on 1. March 2024 at 22:43

    After outperforming BTC last year, Bitcoin miners now look stagnant against the digital currency.

  • Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article
    by Sam Reynolds on 1. March 2024 at 22:38

    Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of "committing fraud, laundering money, and financing terrorists," according to the lawsuit.

  • Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi
    by Mike Dalton on 1. March 2024 at 22:00

    Crypto industry losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97.54% of funds stolen, according to Immunefi’s latest crypto losses report. Meanwhile, the remaining 2.46% of the funds stolen were lost due to fraud. Despite the significant losses during the month, there was a notable decrease compared to January The post Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi appeared first on CryptoSlate.

  • Minecraft Banned NFTs—So ‘NFT Worlds’ Built Its Own Crypto Game Instead
    by Andrew Hayward on 1. March 2024 at 21:46

    NFT Worlds was forced to pivot away from Minecraft, but now called Hytopia, the project is about to launch the game on its own chain.

  • Dogwifhat hits all-time high as whale accumulates $1.3m 
    by Mohammad Shahidullah on 1. March 2024 at 21:42

    Solana-based memecoin dogwifhat has reached an all-time high for the second time today, surging over 250% in the last week. 

  • Blast layer-2 experiences $1.7b withdrawal post-launch
    by Bralon Hill on 1. March 2024 at 21:37

    The Blast blockchain, a layer-2 network on Ethereum, saw investors withdraw $1.7 billion of initially staked Ether.

  • Bitcoin ETF Breaks Records: BlackRock’s IBIT Joins Elite ‘$10 Billion Club’ Amidst Soaring...
    by Ronaldo Marquez on 1. March 2024 at 21:30

    The demand for spot Bitcoin exchange-traded funds (ETFs) has surged since their recent approval on January 10, with BlackRock’s IBIT Bitcoin ETF leading the way. This ETF has reached impressive milestones in less than two months, attracting significant investor interest and opening doors for various market participants to invest in the largest cryptocurrency directly.  As institutional and retail investors flock to these new investment vehicles, market experts predict a bullish trend and anticipate a potential price surge. Bitcoin ETF Frenzy According to Bloomberg ETF expert Eric Balchunas, BlackRock’s IBIT Bitcoin ETF has quickly joined the esteemed “$10 billion club,” reaching the milestone faster than any other ETF, including Grayscale’s Bitcoin Trust (GBTC), noting that only 152 ETFs out of 3,400 have crossed the threshold. Balchunas notes that IBIT’s ascent to this club was primarily driven by significant inflows, which accounted for 78% of its assets under management (AUM). This reflects the growing appetite for Bitcoin exposure among investors seeking diversified and regulated investment options. In particular, the current trajectory of the ETF market paints a picture of resilience and bullish sentiment in the market. Equity ETF flows, and leveraged trading levels are positive indicators, although they have not yet reached the euphoria seen in 2021, Balchunas notes.  However, Bloomberg’s new BI ETF Greed/Fear Indicator, which incorporates various inputs, highlights the optimistic outlook shared by ETF investors, as seen in the chart below. Related Reading: Fetch.AI (FET) Surges 21%: Why This Rally Is Just Getting Started On this matter, crypto analyst “On-Chain College” went to social media X (formerly Twitter) to emphasize the significant demand for Bitcoin as evidenced by its rapid departure from exchanges.  In its analysis, On-Chain College highlights that Bitcoin ETFs buy approximately ten times the daily amount of BTC mined. At the same time, the upcoming halving event will further reduce the mining supply. The analyst predicts when demand will exceed available supply, leading to potential upward price pressure. Highest Monthly Close Since 2021 Bitcoin’s recent market performance has caught the attention of wealth manager Caleb Franzen, who highlights the significance of the highest monthly close since October 2021.  Franzen further emphasizes the bullish momentum by pointing out that the 36-month Williams%R Oscillator has closed above the overbought level for only the fourth time in history. Historical data reveals impressive returns following such signals, indicating the potential for substantial gains in the coming months.  Additionally, Franzen notes the changing dynamics of the market, with increased institutional participation and the ease of retail onboarding through ETFs. Franzen presents a compelling case for the bullish nature of overbought signals, urging market participants to view them as momentum indicators rather than signals to fade. Previous instances of overbought signals have resulted in significant Bitcoin price appreciation: February 2013: +3,900% in 9 months December 2016: +1,900% in 12 months November 2020: +260% in 12 months While acknowledging diminishing returns in each cycle, Franzen highlights the unprecedented level of institutional participation and the ease of retail access through ETFs.  Related Reading: XRP Poised for Growth: Analyst Forecast Bullish Movement Ahead Even if Bitcoin were to match the +260% gain from the November 2020 signal, it would reach a price of $180,000, surpassing Franzen’s minimum cycle target of $175,000.  Ultimately, Franzen notes that bull markets are typically characterized by a rising ETHBTC ratio and a falling BTC.D (Bitcoin dominance). While these characteristics have yet to manifest fully, Franzen suggests that a multi-quarter rally in the broader cryptocurrency market may be on the horizon. Featured image from Shutterstock, chart from TradingView.com 

  • StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supply
    by Assad Jafri on 1. March 2024 at 21:30

    Standard Chartered head of crypto research Geoffrey Kendrick predicts Bitcoin will continue to rally over the coming 24 months to culminate in a $200,000 price per coin by the end of 2025. Kendrick made the statement during a CNBC interview on Feb. 29. He said that macro and fundamental indicators all point to a sustained rally The post StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supply appeared first on CryptoSlate.

  • Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch
    by Krisztian Sandor on 1. March 2024 at 21:24

    Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said.

  • Crypto criminals snatched $412m in February
    by Naga Avan-Nomayo on 1. March 2024 at 21:22

    Crypto criminals perpetrated nearly half a billion dollars in theft last month as security remains a pain point within the digital asset industry.

  • Floki proposes $11m token burn to improve project security
    by Mohammad Shahidullah on 1. March 2024 at 21:07

    The Floki project has proposed burning 190.9 billion FLOKI tokens, representing about 2% of its total circulating supply.

  • The Catch-22 of U.S. Crypto Regulation
    by Marcelo Prates on 1. March 2024 at 21:05

    The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that.

  • U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal
    by Nikhilesh De on 1. March 2024 at 21:03

    The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.

  • Michael Saylor's Bitcoin Holdings May Now Be Worth Over $1 Billion
    by Mathew Di Salvo on 1. March 2024 at 21:01

    Saylor revealed in 2020 how many digital coins he’d bought for himself, and that stash has since ballooned in value.

  • Texas Blockchain Council challenges controversial Bitcoin mining energy survey
    by Nate Whitehill on 1. March 2024 at 21:00

    In the recent SlateCast episode, Texas Blockchain Council Chairman President Lee Bratcher discussed the controversial emergency survey recently issued by the Energy Information Administration (EIA) regarding Bitcoin mining energy usage. As Bratcher explained: “[The EIA] created this farce of an emergency and rushed it through without the notice and comment period.” He elaborated that the The post Texas Blockchain Council challenges controversial Bitcoin mining energy survey appeared first on CryptoSlate.

  • Deestream presale draws Ethereum and BNB investors
    by Guest Post on 1. March 2024 at 20:45

    Deestream presales draws attention and offers diversification. #partnercontent

  • Bitcoin Miners Halt Government Survey of Energy Use After Court Challenge
    by Andrew Throuvalas on 1. March 2024 at 20:45

    U.S. miners will no longer be forced to disclose energy related data to federal energy officials.

  • What's at the Intersection of Crypto and AI? Perhaps Murder
    by Daniel Kuhn on 1. March 2024 at 20:13
  • Tron and Ethereum investors bullish on Pushd in ongoing presale
    by Guest Post on 1. March 2024 at 20:12

    Pushd presale has attracted ETH and TRX investors

  • Kelexo presale rockets, rides Bitcoin and Ethereum rally
    by Guest Post on 1. March 2024 at 20:03

    Bitcoin and Ethereum is rallying as Kelexo presale gains momentum

  • CEO Of Blockchain-Focused VC Firm Predicts XRP Price Will Reach $10
    by Scott Matherson on 1. March 2024 at 20:00

    Oliver Michel, founder and CEO of German-based venture capitalist firm Tokentus Investment AG, has given a bullish price prediction for the XRP price. According to him, XRP could hit $10 soon enough.  XRP Price To $10 Is Just The Beginning Michel mentioned during an interview with Der Aktionär, a leading German finance magazine, that he expects XRP to rise to between $5 and $10 in the first wave of its parabolic move to the upside. Interestingly, he added that XRP would eventually hit three to four figures and didn’t seem worried about XRP’s current price action.  Related Reading: Dogecoin Rallies 50% To Beat Out Avalanche, BONK Overtakes PEPE Meanwhile, Michel revealed that he is invested in the XRP tokens as he has them both in his family office and with his company, Tokentus. The same applies to Ripple shares, which he stated he purchased through an SPV (Special Purpose Vehicle).  Michel is no stranger to the XRP ecosystem, considering that his company partnered with Ripple last year in an effort to grow and increase the adoption of the XRP Ledger (XRPL). During the interview, Michel also offered his thoughts on Ripple as a “professional company” and sounded so bullish on what the crypto firm was building with its Payment service.  He used the opportunity to elaborate further on how Ripple was simplifying cross-border transactions with the help of the XRPL and XRP tokens. Ripple is known to settle these transactions through its blockchain, with XRP serving as the utility token, and these XRP tokens are then converted to the fiat currency of the recipient’s choice.  XRP To Become The “World Reserve Bridge Currency” Michel stated that XRP could become the “world reserve bridge currency” once countries implement their CBDCs (Central Bank Digital Currency). Ripple’s XRPL is already being touted as the go-to chain for CBDC settlements. The crypto firm had also revealed that they were already actively working with more than 20 Central banks on CBDC initiatives.  Related Reading: Crypto Expert Reveals Why Bitcoin Can Rise To $400,000 The Tokentus founder also believes it won’t be long before other Central banks fall back on Ripple to help them implement their CBDCs. He noted that the pressure was piling up on these banks to act now to avoid an impending economic collapse. XRP is expected to play an integral role when this all happens.  Ripple’s XRPL also looks set to act as the intermediary between all these CBDCs when the time comes. Bitcoinist once reported how the network’s clawback feature boosts the prospects of CBDCs being implemented on it.  At the time of writing, XRP is trading at around $0.58, down over 1% in the last 24 hours, according to data from CoinMarketCap.  XRP at $0.58 | Source: XRPUSD on Tradingview.com Featured image from Analytics Insight, chart from Tradingview.com

  • Clone debuts its mainnet on Solana to offer synthetic tokens trading
    by Gino Matos on 1. March 2024 at 19:55

    clAssets are tokens cloned versions that users are able to trade without leaving Solanas decentralized ecosystem.

  • Final Agreement On EIA Emergency Survey Released
    by Colin Crossman on 1. March 2024 at 19:30

    The details of the agreement between the EIA and Texas Blockchain Council & Riot Platforms has been published. There's some good news and bad news.

  • Crypto startups raise $485 million in February
    by Gino Matos on 1. March 2024 at 19:16

    EtherFi, EigenLayer, and Oobit were the most significant investment rounds in crypto, all of them being infrastructure related projects.

  • UK lawyer claims ‘super villain’ behind $6b Bitcoin laundering case
    by Bralon Hill on 1. March 2024 at 19:01

    Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her.

  • Telegram Game ‘Notcoin’ Will Purge Inactive Accounts Daily Ahead of Token Airdrop
    by Andrew Hayward on 1. March 2024 at 18:52

    Waiting for the on-chain NOT token to launch? Make sure you keep playing, otherwise your mined Notcoins could vanish.

  • Chainlink, Polkadot, and BNB investors exploring DeeStream presale
    by Guest Post on 1. March 2024 at 18:32

    Chainlink, Polkadot, and BNB investors are showing keen interest in the DeeStream presale

  • Chainlink (LINK) & Polkadot (DOT) Surge Amidst Kelexo (KLXO) Presale Frenzy: 30X Growth Predicted
    by Crypto Daily on 1. March 2024 at 18:27

    In the middle of the Kelexo (KLXO) presale frenzy, Chainlink (LINK) and Polkadot (DOT) have grown to remarkable heights, echoing the fervor surrounding decentralized finance (DeFi) and the promise of exponential growth. The rise in interest surrounding emerging altcoins shows enthusiasm among investors, driven by the allure of new opportunities and potential inherent in decentralized technologies.

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