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Gryfyn raises $7.5m days after launch by Animoca Brands and Hex Trust
22.3.2023
It is not unlikely for two players to come together from different backgrounds and partner to accelerate the adoption of Web3. Animoca Brands and Hex Trust are recent examples. They have announced the public launch of a joint venture, Gryfyn. It has been tasked with providing innovative custodial...
Holding Bitcoin: A profitable affair 88.5% of the days
21.3.2023
The historical price performance of Bitcoin confirms the notion that a hard limit on total supply combined with seamless global usability is key to becoming a store of value
Conflux Price Prediction as CFX Pumps Up 60% in 7 Days – Are Whales Buying?
20.3.2023
After nearly hitting $0.50 per token over the weekend, Conflux (CFX), the token that powers Conflux’s high throughput, Tree-Graph powered layer-1 blockchain, has fallen back beneath the $0.40 level. According to CoinMarketCap, that means the token is now down around 10% in the last 24 hours....
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
20.3.2023
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial...
Bitcoin Price and Ethereum Prediction: BTC and ETH Experience Over 20% Surge in Seven Days: Can the Rally Continue?
20.3.2023
Bitcoin, the world's largest cryptocurrency, continues its upward rally and attracted more bids around the $28k mark as the total cryptocurrency market capitalization exceeded $1.17 trillion, indicating positive momentum in the crypto market and contributing to BTC gains.
This trend coincides...
Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
19.3.2023
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a...
Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains
18.3.2023
At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time...
Bitcoin Price and Ethereum Prediction: BTC and ETH Surge Over 25% in Seven Days, How High Can They Go?
18.3.2023
Bitcoin (BTC) and Ethereum (ETH) have seen significant price surges in the last seven days, with Bitcoin soaring by more than 35% and Ethereum by more than 25%. This boost in the crypto market has sparked the interest of investors, who want to know how far these cryptocurrencies can go....
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Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...
USDC Stablecoin Sees Massive $3 Billion Outflows in Three Days – What's Going On?
17.3.2023
The popular stablecoin USD Coin (USDC) has seen outflows of around $3 billion over three days this week, issuer Circle said in a blog post on Thursday.
According to the blog post, Circle redeemed $3.8 billion USDC and minted $0.8 billion new USDC tokens between Monday and Wednesday this week...
Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12
16.3.2023
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This...
On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank
16.3.2023
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global...
Buy These Excellent 3DS Games Before The eShop Explodes In 12 Days
15.3.2023
Nintendo is shutting down the 3DS and Wii U eShops at the end of the month. It feels premature and idiotic, but such is the world we live in. Nintendo’s 3D handheld will always live in the shadow of its more popular predecessor, but damn if the 3DS didn’t have a bunch of great and special games....
Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets
15.3.2023
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital...
Agoras Leads the Way in AI-Based User-Controlled Cryptocurrency
15.3.2023
Artificial intelligence (AI) seems to be everywhere these days. With the rise of ChatGPT and other trending AI applications, many cryptocurrencies have been rushing to adopt it as well. However, not all AI is created equal. Logical-AI, an approach adopted by Tau, has been an integral part of Agoras...
Bitcoin Price Outlook for March
10.3.2023
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish sentiment, which now sees bitcoin trading under...
DaoMaker’s Degen Zoo builds abandoned Logan Paul Game in 30 days
10.3.2023
Degen Zoo, an NFT game derived from Logan Paul’s abandoned Crypto Zoo, has been single-handedly developed by Christoph Zaknun in 30 days. The DAO Maker founder took on the challenge of building the shelved concept to disprove Paul’s claim that the development cycle would take years. More than...
DAO Maker founder builds game based on abandoned Logan Paul project in just 30 days
10.3.2023
“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
Brace for BTC price volatility? Bitcoin 'coin days destroyed' metric jumps to 2-month highs
8.3.2023
A large transfer of Bitcoin associated with the U.S. law enforcement likely cased a spike in the on-chain metric