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Cryptocurrency News Articles
A New Dawn Ushered in Modest Winds of Change as Cryptocurrency Investors Leaned into the Weekend's Uptick
Mar 17, 2025 at 12:30 am
Cryptocurrency markets are buzzing with activity, thanks to Bitcoin's strong performance, pushing above $84,000 and exposing a revived optimism in the market.
A new dawn brought modest winds of change as cryptocurrency investors encountered the weekend with a risk-on appetite.
Bitcoin (BTC) Price Today, BTC/USD Chart by TradingView
cruised steadily above the $84,000 mark, and the collective market capitalization of digital coins swelled to an staggering $2.8 trillion, signaling a renewed vigor and widespread optimism.
Two monumental forces stood poised this week to either catalyze further growth or halt the momentum: upcoming policy decisions from pivotal global figures.
President Trump’s potential softening of his trade tariff stance and the Federal Reserve’s impending interest rate decision had investors on the edge of their seats.
Should Trump signal a détente in the trade wars and the Fed deliver a dovish message, the stage could be set for an exhilarating rise in cryptocurrencies and other risk-laden assets.
This signaled an interesting time for three digital assets in particular, with their narratives unfolding against the backdrop of these monetary markets.
Binance Coin (BNB) is preparing for a substantial upgrade with the Pascal hard fork, scheduled for March 20. This marks just one of three planned advancements for the first half of the year.
Also read: Binance Announces Pascal Hard Fork on March 20 as BNB Chain Aims for Ethereum, Solana CompatibilityThe crypto behemoth is aiming to integrate Ethereum’s smart contracts on Binance Smart Chain (BSC) and Solana’s high throughput.
The upcoming upgrades are set to enhance Ethereum compatibility, introduce native smart contract wallets, and elevate security protocols.
As BNB Chain pledges to rival Ethereum, known for high fees, and Solana, often linked to meme coin affiliations, these advancements could significantly realign the competitive landscape within the cryptocurrency industry.
Cronos (CRO) faced a critical vote, concluding on March 17, that will ultimately decide its strategic path forward.
This decision centers around a proposition to reverse a vast 70 billion token burn from 2021, potentially creating a strategic reserve to bolster the Cronos ecosystem.
However, this contentious proposal has nearly divided the Cronos community in half, with a razor-thin margin presenting both opportunities and challenges.
A potential rejection seems likely without substantial voter turnout, leaving the community’s future in the balance.
In another development, ZetaChain (ZETA) is reeling from a significant value tumble, with its price plummeting to a record low of $0.2070.
This decline is part of a broader market trend, but it is also driven by several key factors. A sharp drop in ZetaChain’s ecosystem total value and concerns over its highly dilutive supply are also contributing to the downward pressure on the token’s price.
As macroeconomic headwinds escalate and Bitcoin hovers above the crucial $83,000 threshold, market watchers are keenly anticipating the release of $6.6 million worth of ZETA tokens.
This event is likely to amplify volatility within ZETA’s trading band, which currently ranges from $0.19 to $0.24.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Solana (SOL) Marks Its 5th Anniversary Today with Over 400 Billion Transactions Processed
- Mar 17, 2025 at 11:35 pm
- Though it was founded in 2017 by Anatomy Yakovenko alongwith Raj Gokal under the brand name of Solana Labs, its Mainnet was launched in 2020, pioneering the Proof-of-History (PoH) concept.
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- Bitcoin (BTC) whales gang up to liquidate a massive $430M short position
- Mar 17, 2025 at 11:30 pm
- Notable Bitcoin (BTC) whales have grouped together to hunt down a massive $430 million short position on Hyperliquid (HYPE) this weekend. The account of a supposedly insider trader, self-proclaimed 'Tether FUD', is now Bitcoin's most famous target in the market.