|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Today’s Crypto News
Gain insight into the latest news in the cryptocurrency industry and make decisions faster and more accurately
Articles Videos-
2024
Mar / 23- Grayscale Bitcoin Trust Outflows Raise Questions about Dominance as BlackRock Gains Ground
- Mar 23, 2024 at 12:36 am
- Following the Bitcoin spot ETF's approval, substantial inflows have been observed in the Bitcoin ecosystem, with Grayscale Bitcoin Trust (GBTC) dominating the ETF market. However, GBTC has recently experienced significant outflows, totaling $358.8 million on March 21, 2024, as well as $642 million on March 18, raising concerns about bearish fund inflows.
- Pepe Price Plummets: Will the Meme Coin Rebound or Sink Deeper?
- Mar 23, 2024 at 12:35 am
- The price of Pepe meme coin has dropped by over 8% in the past 24 hours, trading at $0.000007532 at the time of writing. The downturn is primarily due to the loss of key support at $0.00000802, putting the coin at risk of further correction. Technical indicators suggest a continued downfall in the short term, with the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) signaling bearish momentum.
- Bitcoin Plunges Amidst Soaring Stock Market
- Mar 23, 2024 at 12:34 am
- Amidst record-breaking stock market performances, Bitcoin's value has dropped below $64,000. This divergence highlights the contrasting trajectories of traditional and crypto markets. While major indices surge on optimism surrounding potential rate cuts, Bitcoin experiences a decline, prompting significant liquidations in the crypto market. Despite the downturn, there are signs of long-term confidence as Bitcoin exchange reserves hit multi-week lows, potentially indicating a shift towards cold storage by investors. The market volatility underscores the complex relationship between traditional financial indicators and digital currencies.
- TrueUSD's Market Cap Crashes Amidst Binance Delisting and Reserve Doubts
- Mar 23, 2024 at 12:34 am
- TrueUSD, the stablecoin pegged to the US dollar and associated with Justin Sun, has experienced a significant market cap loss, plummeting from $1.29 billion to $615 million within a week. This decline is attributed to Binance delisting TrueUSD pairs and concerns regarding its reserves, with attestations indicating the absence of US treasury bills. Concurrently, First Digital Trust's FDUSD stablecoin has also faced a market cap reduction, highlighting the impact on TrueUSD's ecosystem.
- Cardano Founder Forecasts Computing Revolution, Ushering in AI's Golden Age
- Mar 23, 2024 at 12:31 am
- Cardano's founder, Charles Hoskinson, predicts a substantial increase in computing power by 2030, potentially revolutionizing the capabilities of technology. This advancement is anticipated to enable standard gaming PCs to surpass current AI models in computational power by a remarkable factor of 1,000, paving the way for significant enhancements in AI efficiency and accessibility.
- Uniswap's Effortless Onboarding Rewrites DeFi Accessibility
- Mar 23, 2024 at 12:30 am
- Uniswap Labs has announced a strategic move to onboard users to its wallet service, reporting that over 50% of new users make their first swap on the platform. Amidst ongoing token launches and volatility, the interface has welcomed almost 35,000 new wallets, highlighting its user-centric approach and seamless onboarding process.
- BlackRock's Bitcoin Move Marks Watershed Moment for Crypto
- Mar 23, 2024 at 12:29 am
- BlackRock, the world's largest asset manager, has boosted its Bitcoin holdings. According to the iShares website, BlackRock's iShares Bitcoin Trust (IBIT) now holds 242,829 BTC, with assets under management reaching $15.5 billion at current market prices.
- Donk.Meme: The Rising Star of Solana's Meme Coin Galaxy
- Mar 23, 2024 at 12:27 am
- As meme coins surge in popularity among Solana enthusiasts, Donk.Meme ($DONKM) emerges as a new entrant, inspired by the iconic Donkey character from Shrek. This deflationary token, launched on the Solana blockchain, seeks to captivate the crypto community with a blend of humor and investment potential, further diversifying the digital currency landscape.
- Government's Spending Spree to Catapult Bitcoin Higher, Predicts Novogratz
- Mar 23, 2024 at 12:25 am
- Due to irresponsible spending by both former President Donald Trump and President Joe Biden, billionaire investor Mike Novogratz predicts that the price of Bitcoin will continue to rise. According to Novogratz, excessive governmental spending shows a lack of fiscal discipline, which has fueled the growth of Bitcoin. He believes that until the government implements austerity measures, Bitcoin's value will continue to increase.
- BlackRock Unveils Ethereum-Based Tokenized Asset Fund
- Mar 23, 2024 at 12:25 am
- BlackRock, the world's largest asset manager, has launched a tokenized assets fund on the Ethereum network, dubbed the BlackRock USD Institutional Digital Liquidity Fund. This fund, powered by Securitize's tokenization and transfer agent services, provides daily yield distribution to token holders through the BUIDL token. Notably, the fund expands BlackRock's involvement in the digital asset space, leveraging Securitize's expertise in tokenizing real-world assets.
- Ethereum Inflows to Exchanges Signal Market Speculation, Potential Volatility
- Mar 23, 2024 at 12:25 am
- Over the past three weeks, nearly $1.47 billion worth of Ethereum (ETH) has been transferred to various crypto exchanges, sparking speculation among investors and analysts. This movement of a substantial amount of ETH, valued at approximately 420,000 ETH, may indicate various strategies by holders, including potential selling intentions or portfolio adjustments by institutional investors or large holders.
- IOTA's March Outlook: Mixed Signals or Promising Prospects?
- Mar 23, 2024 at 12:22 am
- The dynamic cryptocurrency market presents a tapestry of forecasts for various tokens. IOTA faces varied predictions, ranging from cautious optimism to notable growth. BlockDAG, a rising player entering its fourth presale batch, sparks excitement with a 50% ROI, innovative revenue models, and mining solutions. Celestia's TIA token surges post-Polygon partnership, highlighting its groundbreaking scalability solutions. Amid these developments, BlockDAG Network's compelling strategy and investor interest signal a potentially transformative presence in the blockchain realm.
- Donk.Meme Presale Launches: Deflationary Meme Token Powers Solana Ecosystem with Game-Changing Utilities
- Mar 23, 2024 at 12:21 am
- Donk.Meme, a pioneering meme coin project inspired by the beloved Donkey from the "Shrek" series, has launched its presale on the Solana blockchain. The presale offers 70% of the total 1 billion $DONKM tokens, with a fair allocation structure and no minimum or maximum cap. Donk.Meme aims to establish itself as the premier Donkey mascot in the Solana meme ecosystem, providing a blend of humor and utility to users. The project's presale page allows users with Solana wallets to contribute SOL in exchange for $DONKM tokens.
- Iconic Solana Memecoin Dog Hat NFT Fetches $4.3 Million
- Mar 23, 2024 at 12:18 am
- The owner of "Achi," the dog behind the popular Solana-based meme coin Dogwifhat, sold the iconic photo of the dog wearing a hat as a non-fungible token (NFT) for $4.3 million. The three-day auction, launched on the NFT Foundation marketplace, saw crypto trader Gigantic Rebirth Ventures (@GCR) emerge as the winner with a bid of 1,210.8 ETH.
- Bitcoin's Wild Rollercoaster Ride: Volatility Shakes Crypto Market
- Mar 23, 2024 at 12:18 am
- The cryptocurrency market has taken a significant downturn, with Bitcoin losing over 10% of its value and $300 billion wiped from the combined crypto market. Despite volatility, the Federal Reserve's upcoming interest rate decision and the potential of meme coins like Dogecoin20, Green Bitcoin, Sponge V2, and Smog Coin to provide 100x gains in the near future are catching the attention of traders.
- Novotel Manila Unveils 'Egg-stravaganza' Easter Carnival for Family Fun
- Mar 23, 2024 at 12:18 am
- Step into a whimsical paradise at Novotel Manila's Egg-stravaganza Family Easter Carnival, a vibrant celebration on March 31st. Immerse yourself in thrilling egg hunts, delightful snacks, engaging games, and a captivating atmosphere. Children of all ages will find joy in face painting, balloon twisting, and movie screenings, while adults savor aromatic coffee amidst the festive ambiance. Treat your little ones to special loot bags and embark on an unforgettable stay at Novotel Manila Araneta City from March 25th to 31st, 2024, complete with complimentary carnival passes.
- Nvidia CEO Predicts Human-Level AI in Five Years, Unveils Solution to AI Hallucinations
- Mar 23, 2024 at 12:12 am
- Nvidia CEO Jensen Huang predicts that human-level artificial intelligence (AI) could be achieved within the next five years. He suggests that defining AGI through specific tests, where software outperforms humans by a significant margin, could lead to its realization. Huang also addresses the issue of "hallucinations" in AI, proposing a solution that requires AI to verify answers by conducting research before providing responses. Resolving this problem could have profound implications for industries like finance and cryptocurrency, where accuracy is paramount and generative AI systems are currently limited.
- Bitcoin Halving Cycles: Unveiling the Future's Potential
- Mar 23, 2024 at 12:10 am
- Bitcoin's current behavior resembles its path during the previous halving cycle, where it experienced a surge leading up to the event followed by a correction before ascending to new highs post-halving. While the 2020 halving occurred amidst the COVID-19 pandemic, its price pattern adhered to the established cycle, demonstrating resilience in the face of external challenges. As Bitcoin approaches its next halving, experts predict similar market patterns, with the potential for unprecedented market highs driven by technological advancements and institutional investments.
- Chainlink Dominates Crypto Development League, Surpassing Tech Titans
- Mar 23, 2024 at 12:10 am
- Chainlink (LINK), the leading crypto oracle, has surpassed major blockchains in development activity, emerging as the most actively developed project in March 2024. This explosive growth, driven by Chainlink's key role in connecting real-world data to public blockchains, has fueled a +147% gain in LINK's price over the past year.
- Dogecoin Plummets, Signaling Cryptocurrency Market Volatility
- Mar 23, 2024 at 12:10 am
- Despite the recent rise in price, DOGE has fallen 1.77% over the last 24 hours, indicating a reversal in the upward trend. On the hourly chart, DOGE has broken below a support level, suggesting a potential decline to $0.14. Daily and weekly charts show a more stable trend, with buyers and sellers in a standoff, leading to a possible consolidation period between $0.14 and $0.16.