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Ether Hits $4K for First Time in More Than Two Years
8.3.2024
The second-largest cryptocurrency last surpassed that level in December 2021
Best Crypto Meme Coins to Buy Now – Smog, Scotty AI, Sponge
8.3.2024
As Bitcoin (BTC) pushes back above $68,000 and eyes a retest of the record highs it printed last week, major meme coins continue to pump, but as their valuations become more bloated, traders are hunting for lesser-known alternatives that could be the best crypto meme coins to buy now.
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Ethena’s USDE Yield Hits 67%, Outpacing Most Stablecoin Returns
8.3.2024
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in...
FDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth
8.3.2024
Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD...
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion
8.3.2024
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently...
U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%
8.3.2024
So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs
Trump Token on SOL Skyrockets 590x in a Day, Eyes on Next Low Cap Gem for Big Move
8.3.2024
As Solana meme coin markets remain supercharged, Trump token on SOL has mounted an incredible 590x price climb in less than 24 hours. This article will provide an analysis of TRUMP’s current price trends and look to see whether a newer Bitcoin alternative, GBTC, represents a more promising...
US Continues Efforts to Extradite Terra Founder Do Kwon
8.3.2024
Despite Montenegro’s High Court ruling for Do Kwon’s extradition to South Korea, the U.S. is not backing down. “The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law,” the Justice...
First Mover Americas: Ether Approaches $4K
8.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 Million
8.3.2024
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage...
Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
8.3.2024
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said
Sony Files ‘Super-Fungible Token’ NFT Patent
8.3.2024
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one...
Optimism Foundation Executes $89 Million OP Private Token Transaction
8.3.2024
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...
Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert NGN Balances
8.3.2024
Binance, one of the leading crypto exchanges, has said it will discontinue all Nigerian naira services on March 8. The crypto exchange’s decision to drop trading pairs that feature the naira follows weeks of attacks and an official crackdown on its Nigerian operations. Crypto experts like...
Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
8.3.2024
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years
Bitcoin Price Prediction: BTC to Target $70,000? ETF Surge & Tesla Buys Fuel Rally
8.3.2024
Amidst a surge in Bitcoin ETF investments and innovative cashback programs, Bitcoin eyes a potential leap towards $70,000, stirring market excitement.
The post Bitcoin Price Prediction: BTC to Target $70,000? ETF Surge & Tesla Buys Fuel Rally appeared first on Cryptonews
Short-Term Correction Brewing as BTC Price Increased Too Fast: CryptoQuant
8.3.2024
Bitcoin price hit an all-time-high of $69,000 on Tuesday, the price is continuing to hover around the $67,000 mark but a short-term pause or correction may be brewing as prices have increased too fast, according to crypto market data, on-chain data provider CryptoQuant.
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SEC Delays Decision on Options Trading on Spot Bitcoin ETFs
8.3.2024
The United States Securities and Exchange Commission (SEC) has delayed the decision to approve options trading on spot Bitcoin exchange-traded funds (ETFs).
The post SEC Delays Decision on Options Trading on Spot Bitcoin ETFs appeared first on Cryptonews
Worldcoin Ordered to Stop Operations in Spain
8.3.2024
Worldcoin, the biometric identity project, has been banned from operating in Spain for up to three months, according to a press release from the Spanish data agency, the AEPD. The agency will also require Worldcoin to stop using the already collected data from Spanish citizens, utilizing...
Tesla and SpaceX Hold Over $1.3 Billion Worth of Bitcoins: Arkham
8.3.2024
Arkham Intelligence claims to have identified Tesla and SpaceX's Bitcoin addresses of over $1.3 billion in crypto holdings matching financial statements, revealing detailed transaction histories.
The post Tesla and SpaceX Hold Over $1.3 Billion Worth of Bitcoins: Arkham appeared first on Cryptonews