Search
Robert Kiyosaki Highlights ‘Problem’ With Gold, Silver, and Oil — Praises Bitcoin’s Limited Supply
17.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has pointed out “the problem” with gold, silver, and oil, while confirming his ownership of gold, silver mines, and oil wells. Touting bitcoin’s limited supply, the famous author emphasized that no matter how high the price of bitcoin...
‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
16.3.2024
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin...
Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth
16.3.2024
Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value...
Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings
16.3.2024
Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March 16, 2024, the top ten ASIC miners focused on the SHA256...
NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn
16.3.2024
In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from...
Avalanche Foundation Discloses First Batch of Meme Coin Holdings
16.3.2024
The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of...
US Senators Push SEC to Stop Approving Spot Crypto ETFs — Say Other Crypto Markets Risker Than Bitcoin
16.3.2024
Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving additional crypto exchange-traded fund (ETF) applications. The lawmakers cautioned: “However vulnerable bitcoin may be to fraud and manipulation, markets for other...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
El Salvador Moves ‘Big Chunk’ of Its BTC to Cold Wallet — President Bukele Says ‘Call It Our First Bitcoin Piggy Bank’
16.3.2024
El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador...
Binance Says Nigeria Is Not Yet One of Its Top Markets
16.3.2024
Nigeria is not yet among Binance’s top markets despite being a leading global crypto market. However, the crypto exchange said it recognizes the West African country’s “extraordinary potential,” which is one reason why it is eager to invest there. ‘Extraordinary...
Russia Regulates Use of Digital Assets for International Settlements
15.3.2024
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...
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....