March 8, 2024

Pantera Capital Eyes $250 Million Opportunity with FTX Estate for SOL: Report

Pantera Capital is reportedly in the process of securing funds from major investors to acquire heavily discounted Solana tokens from the bankruptcy estate of FTX. The company is raising capital for the Pantera Solana Fund, which presents an attractive opportunity to purchase up to $250 million worth of SOL tokens from the FTX estate. Marketing...
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Tom Lee Reveals What Will Drive Bitcoin’s Price to $150,000

Speaking with CNBC’s Brian Sullivan on “Last Call,” Lee said, “It’s a generational issue” for Millennials and Gen Z, who are more open to adopting cryptocurrency. Sullivan told the financial analyst and strategist, “I’ve never met an investment instrument that is so polarizing… There’s people who call it fake, it’s a fraud, it’s a joke,...
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Bitcoin Will Likely Reach $250k This Cycle, Says Lead Glassnode Analyst

Bitcoin (BTC) will blow past $250,000 this cycle thanks to years of HODLer conviction slingshotting its price to the moon, according to lead Glassnode analyst James Check. In an interview with What Bitcoin Did on Thursday, the analyst broke down why the Bitcoin market appears far more robust compared to the last time the asset’s...
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Bitcoin Hits ATH, Is Ethereum Next?

The market leader, Bitcoin, had successfully achieved a new ATH with a high of just over $70,000. However, the rally was short-lived as the market experienced significant short-selling in their respective portfolios. Positively, the elite coins have successfully regained momentum over the past few hours, resulting in a bounce back in the chart. At the...
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These Catalysts Could Push ETH to $10K or Higher This Year: Bitwise Analyst

The price of Ether (ETH), the second largest cryptocurrency by market cap, could soar to $10,000 or even higher this year despite the asset being overshadowed by Bitcoin (BTC) in the past months. These were the words of Juan Leon, crypto research analyst at asset manager Bitwise. According to Leon, ETH, worth $3,950 at the...
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US Government to Fight Do Kwon’s Extradition to South Korea: Report

The United States government is set to continue its fight for the extradition of Terraform Labs co-founder Do Kwon to the country after a Montenegrin court ordered the deportation of the crypto mogul to his home nation, South Korea. According to a Bloomberg report, prosecutors in the U.S. are hellbent on making Kwon face charges...
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Bavarsis Exchange Conquers new Heights

[PRESS RELEASE – Australia, South Australia, March 8th, 2024] Bavarsis: Pioneering Innovation in the Cryptocurrency Market March 2024, Australia – In the dynamic landscape of investment, Bavarsis emerges as a beacon of innovation and opportunity, offering a realm of innovation and potential that transcends mere user-friendliness. Leveraging the capabilities of Artificial Intelligence (AI) and trading...
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Will the Newborn Nine Bitcoin ETFs Surpass GBTC in AUM Today?

The nine new spot Bitcoin exchange-traded funds (ETFs) recently approved in the United States are set to overtake the holdings of the Grayscale Bitcoin Trust today. Excluding Grayscale, these ETFs collectively manage assets worth nearly $27 billion, led by IBIT, with an asset under management (AUM) of almost $13 billion, as reported by BitMEX Research....
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Bitcoin (BTC) Price Has Not Peaked Yet, According to This Metric

A bull market is characterized by a phase in which investor demand surpasses the available supply, leading to heightened market confidence and upward price movements. While the ongoing bull market has shown considerable promise, its peak has yet to be reached, according to some on-chain metrics. Bull Market Still in Full Swing Bitcoin is currently...
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Bitcoin Price Prediction: Explosion Above $69K Incoming or a New Correction First?

Bitcoin (BTC), which saw remarkable gains in the last weeks of February, has been hovering above $67K for the past 48 hours. Behind BTC’s recent market rally are spot Bitcoin ETFs, which are netting substantial inflows into their funds. As the market is gripped with bullish sentiment, miners have earned $75.9 million in daily revenue,...
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Conflux Network Introduces AxHKD, Hong Kong Dollar-Backed Stablecoin

[PRESS RELEASE – Toronto, Canada, March 8th, 2024] Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network initially, followed by Ethereum. Conflux...
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BitMEX Alpha: Cash and Carry with Dated Futures

Note: Anything expressed below is not considered financial advice – they are only suggestions for users to learn more about trading strategies. Users are always encouraged to do as much research as possible before executing any trades. The content below is not intended to express any guaranteed return, and BitMEX does not take responsibility should...
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Coming Soon: Deposit, Buy, and Convert BONK to Win Up to $20,000

In a few days, BONK – the first dog-themed coin on the Solana blockchain – is coming to BitMEX Spot for users to deposit, buy and convert the BONK token.  To celebrate the new listing, we’re launching a BitMEX Goes BONKers campaign – where you can win up to $20,000 in BONK for trading the...
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World’s First ICO on Bitcoin Blockchain Enters Final 7 Day Countdown

[PRESS RELEASE – London, United Kingdom, March 8th, 2024] Bitcoin Dogs, the first ever ICO on the Bitcoin Blockchain, has announced a presale end date of the 15th March, which marks it’s final 7 days remaining. The project has raised over $8.1m in under 23 days, with investors buying 0DOG token. With a community which...
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Will Markets Surge With a $3 Billion Crypto Options Expiry Event?

With the asset tapping an all-time high of over $69,000 this week, will today’s big expiry event push Bitcoin prices higher or initiate a correction? Around 29,000 Bitcoin options contracts will expire on March 8 with a notional value of around $2 billion. This week’s expiry event is slightly less than last week’s, but a...
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Zircuit Staking Program Breaks $500M TVL And Adds Ethena Integration

[PRESS RELEASE – George Town, Grand Cayman, March 7th, 2024] Zircuit, a zk rollup with parallelized circuits and AI-enabled security at the sequencer level, today announced its staking program has surpassed $500M in TVL. Currently in testnet phase, Zircuit is poised to hit a mainnet TVL on day one that surpasses major blockchains such as...
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Dust on Crust Part Deux

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Right on schedule, dust on crust returns to Hokkaido, Japan. It’s sunny and warm by day, but by night,...
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Bitcoin (BTC) $ 98,843.48 0.41%
Ethereum (ETH) $ 3,354.05 0.84%
Tether (USDT) $ 1.00 0.04%
Solana (SOL) $ 260.18 0.09%
BNB (BNB) $ 653.50 3.71%
XRP (XRP) $ 1.55 12.16%
Dogecoin (DOGE) $ 0.466166 18.27%
Cardano (ADA) $ 1.10 24.80%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,354.23 0.70%