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Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
15.3.2024
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism,...
Polkadex Orderbook Hestia enhances CEX-like decentralized trading
15.3.2024
Polkadex has significantly advanced the decentralized exchange (DEX) ecosystem with the subsequent release of its highly anticipated Hestia Orderbook update. As part of Polkadex’s Hestia release, the most recent version of Orderbook introduces trading fees, lays the groundwork for...
El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates
15.3.2024
El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpassing expectations of what the country was believed to hold in the rallying...
Solana’s Surge: Is $1000 SOL on the Horizon?
15.3.2024
As a meaningful event representing a breakthrough in the crypto market space, Pantera Capital has now started negotiations to acquire a fraction of FTX Official’s unstacked SOL tokens. This first transaction includes purchasing a tranche worth $12.5 million from FTX, denominated in 1/20th...
Upland Introduces Token Reward System With ‘Share and Build’ Airdrop Series
15.3.2024
Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation. Upland’s Airdrop Series Rewards Community Participation At...
Solana’s market cap rebounds, driven by meme coins
15.3.2024
Solana’s cryptocurrency market capitalization rose to $8.1 billion in Asia, compared to the previous figure, which stood at $77.9 billion in November 2021. The pricing of Solana increased by 10% in the past day, reaching the figure of $183.55. In the case of its highest price, it was in November...
Is It Too Late to Buy Bonk? BONK Price Rises 27% on $720M Volume, Eco-Friendly Coin Hits $4.5M
15.3.2024
Meme coin BONK’s price has risen 28% over the last two weeks, buoyed by a crypto buying frenzy that has driven market leader Bitcoin to new highs. BONK managed to post $720,000 in overnight trading volume, according to CoinGecko. Still, it wasn’t enough to keep the novelty...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Crypto tumbles as inflation fears resurface: “Macro Boogieman” haunts bull market
15.3.2024
The US is in its election year, but the inflation fears refuse to leave. The previous speculation was that the country would soon bring inflation under control to match the acceptable margin of 2%. It had to happen before the first half of 2024 to allow the Federal Reserve to start cutting rates....
Shiba Inu takes the lead in altcoin trading volume surge
15.3.2024
Apart from experiencing an extreme increase of 233%, Shiba Inu is certainly the leader of the Altcoin brigade regarding trading volume. Meme-influenced cryptocurrency tokens have recently seen an encouraging surge, with the weekly volume of trading reaching $80 billion. Trading volume, which is...
Can Litecoin’s price surmount $100 again? A thorough examination!
15.3.2024
Litecoin’s downfall from the $100 milestone practically started a couple of days ago, on March 12, 2024, to be more specific. It retraced to the current value of $87.33 (at the time of writing) after exchanging hands for as high as $104 in the last 7 days. While that signifies a climb of 2.55%...
XRP’s resilience test: Lawsuit, whales, and can it adapt?
15.3.2024
XRP has been down by 6.87% in the last 24 hours and is listed at $0.6371. This comes after it reportedly closed the market on Thursday at $0.6687, marking a decline of 2.97%. XRP is navigating a couple of challenges. It could be a while before it retraces to an upward trajectory on the chart....
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
15.3.2024
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...
Dogwifhat (WIF) has a market capitalization of $3.2 billion
15.3.2024
The cryptocurrency Dogwifhat (WIF), which has been influenced by a dog, has a market capitalization of $3.2 billion. This may be due to increased market traction. In the words of the Founder and CEO of Real Vision Group, Raoul Pal, he is simply a part owner to the extent of 2% of...
Avalanche Foundation announces its first five community coin holdings
15.3.2024
The Avalanche Foundation made public its plan to buy community coins that are part of the Avalanche blockchain network towards the end of 2023. This continuous endeavor is part of the Foundation’s larger Culture Catalyst program, which aims to support the growth of Web3 producers, stimulate...
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
15.3.2024
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact...
Ethereum’s Dencun Upgrade: Boon for L2 tokens or just hype?
15.3.2024
One of the most-awaited updates in the blockchain market is now live: the Dencun Upgrade. Ethereum initiated the clock for its launch in early February. Speculations were that layer-2 tokens would get a boost, and Dencun Upgraded reported a commitment to bring down the average cost. It has done...
Mastering your treasury: A guide to Solana’s stablecoin ecosystem
15.3.2024
Stablecoins are the revolution in Web 3.0 finance, and they can be used to raise investor funds, pay salaries, and cover operational expenses with much security. Platforms such as ‘Squads’ achieve the safe, team-effort management of treasury on the Solana Blockchain and, in turn, help...
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
15.3.2024
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis...
Hadron Club boosts Web3 startups amid Ethereum fork
15.3.2024
The Hadron Founders Club (Hadron FC), the first to take their central position in the heart of the Ethereum ecosystem, had just formally launched today, hence a new chapter for early-stage Web3 startups. Based in San Francisco, this program intends to operate as the cornerstone of founders...