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Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
31.3.2024
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over...
From Dogecoin to O2T: How investors are diversifying for the next big crypto win
31.3.2024
A noticeable trend is emerging: investors are increasingly diversifying their portfolios away from meme coins like Dogecoin (DOGE) and towards more technologically advanced projects such as Option2Trade (O2T). This shift underscores a broader movement towards investments that offer not just...
Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review
31.3.2024
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented....
Harmonizing the crypto symphony as Bitcoin (BTC) and Binance Coin (BNB) traders tune into the Koala Coin (KLC) distinctive beat
31.3.2024
Imagine a future where every digital transaction plants the seed for communal growth and laughter. Amidst this vision, Koala Coin (KLC) emerges, captivating Bitcoin (BTC) and Binance Coin (BNB) traders with its presale stage one at a tempting price of $0.014. The clock’s ticking, and the FOMO...
Tornado Cash Developer Challenges Charges, Files Motion to Dismiss with Legal Arguments
31.3.2024
Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers Act.
The post Tornado Cash Developer...
Detained Binance Executive Sues Nigerian Anti-Graft Agency for ‘Fundamental Rights’ Violation
31.3.2024
The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to declare the seizure of his passport “a violation of his fundamental right to personal...
Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study
31.3.2024
Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites statistics indicating that ownership continuity is disrupted in 91% of cases involving a transition from crypto...
Bitwise Sees ‘Raging’ Bitcoin Bull Market — Expects April Halving to Be ‘the Most Impactful We’ve Seen”
31.3.2024
Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve seen.” The firm’s chief investment officer explained that global wealth managers...
Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
31.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that...
Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand
30.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects...
$10.5M Raised in BlockDAG Presale as Keynote Unveils 10,000x Returns; GALA Crypto Review & Conflux (CFX) Analysis
30.3.2024
BlockDAG‘s presale has made waves, securing a remarkable $10.5 million investment as its keynote unveils the potential for a staggering 10,000x ROI. In a market brimming with possibilities and uncertainties, BlockDAG’s promise captures investor imagination, promising a 10,000-fold...
Market Resilience Tested as NFT Sales Fall for Third Consecutive Week
30.3.2024
Sales of non-fungible tokens (NFTs) have dipped once more, marking the third consecutive week of decline, with a 14.97% decrease compared to the previous week. Leading the charge in this week’s sales from March 23 to March 30, Bitcoin NFT transactions amassed $82.61 million, despite...
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
30.3.2024
Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation
30.3.2024
This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme...
BlockDAG’s Ambitious Bid for $600M: A Revolutionary 100x Crypto Coin Compared to Threshold & Polkadot
30.3.2024
The cryptocurrency sphere is excited with anticipation as the Threshold price prediction scales unprecedented heights, boldly challenging critical resistance thresholds. Simultaneously, Polkadot (DOT) experiences a remarkable resurgence, surpassing competitors and sparking renewed investor...
Vintage Bitcoin Vaults Awaken — Over $41M in BTC Moves After 11.7 Years of Slumber
30.3.2024
On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another individual, or possibly the same entity, relocated...
Judge Rules Against Digital Asset Bank Custodia’s Bid for Federal Reserve Master Account
30.3.2024
Digital asset bank Custodia Bank has been denied a U.S. Federal Reserve master account by the United States District Court for the District of Wyoming.
The post Judge Rules Against Digital Asset Bank Custodia’s Bid for Federal Reserve Master Account appeared first on Cryptonews
Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading
30.3.2024
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and...
Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017
30.3.2024
Crypto-focused hedge fund Multicoin Capital has delivered extraordinary returns to its investors, exceeding 9,000% since its launch in 2017.
The post Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017 appeared first on Cryptonews
Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign
30.3.2024
Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of the total supply) will be airdropped, with...