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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...
Hong Kong Securities Regulator Issues Warning Against ‘Unlicensed’ Crypto Platform Bybit
16.3.2024
The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing...
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...
Top Crypto Gainers Today on DEXScreener – MDAI, COCO, TARGET
16.3.2024
On a day that crypto markets succumb to profit-taking, traders are turning to the on-chain shitcoin markets in order to hunt for top crypto gainers today that could deliver quick profits.
The post Top Crypto Gainers Today on DEXScreener – MDAI, COCO, TARGET appeared first on Cryptonews
Best Crypto to Buy Today March 15 – Jupiter, Conflux, Solana
16.3.2024
On a day that crypto markets succumb to profit-taking, investors are hunting for the best crypto to buy in order to benefit from the recent market dip.
The post Best Crypto to Buy Today March 15 – Jupiter, Conflux, Solana appeared first on Cryptonews
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...
5thScape Raises Over $1m For World-First VR/AR Crypto – In Presale Now
16.3.2024
Imagine a world where you can trade with an edge based on the hyper-visualization of a state-of-the-art virtual and augmented reality ecosystem – well that’s just a fraction of what 5thScape ($5SCAPE) is offering, and there’s much more besides.
The post 5thScape Raises Over $1m For World-First...
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...
How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis
15.3.2024
Artificial intelligence could breed a dangerous new category of crypto-based crime in the coming years, according to blockchain intelligence platform Chainalysis.
The post How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis appeared first on Cryptonews
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks
15.3.2024
Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs. The senators claim that further approval of crypto ETFs in the U.S. could pose "significant"...
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,...
Crypto Investor Binance Splits from Venture Capital Arm
15.3.2024
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...
Crypto Whales Are Stacking This Undiscovered Crypto Before it Lists on New Exchanges – Time to Buy?
15.3.2024
Crypto whales are quickly accumulating Sponge token (SPONGE V2) in anticipation of listings on major exchanges. Sponge’s price analysis suggests this could trigger big price moves in the weeks to come. This surge in interest follows the successful migration of the Sponge ecosystem, which...
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
15.3.2024
The Crypto Open Patent Alliance is seeking several court injunctions from Wright
Unraveling the Mystery: Qatar’s Role in the $3.3 Billion Bitcoin Investment Rumors
15.3.2024
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series...
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...
DogWifHat Price Prediction as WIF Plummets 12% Suddenly – Here’s the Next Support to Watch
15.3.2024
Popular meme coin DogWifHat (WIF) plummeted 12% in the space of 24 hours to trade at $2.85 at the time of writing. Broadly speaking, all leading meme coins share the same fate today, with market leaders Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE posting similar losses. Crypto’s novelty coin...