A recent Coinbase report notes that the perceived value of numerous AI tokens has been overstated, leading to concerns regarding their sustainability. David Han, a research analyst at Coinbase, highlighted the recent price surges observed in these tokens may be driven more by hype than genuine utility or usage. Surge in AI-Related Crypto Projects Raises...Read More
In today’s markets, navigating the myriad of options can be daunting, but a few standout choices beckon investors seeking promising opportunities. Solana (SOL), Ripple (XRP), and Furrever Token (FURR) emerge as top contenders for March, poised to capitalize on the prevailing bullish sentiment. With each token boasting unique features and solid fundamentals, they offer investors...Read More
[PRESS RELEASE – Abuja, Nigeria, March 9th, 2024] As a part of the move to enhance the adoption of Nigeria’s Central Bank Digital Currency (CBDC), known as eNaira, Gluwa Nigeria Limited (Gluwa) has entered into a strategic partnership with the Central Bank of Nigeria (CBN). This collaboration is formalized through a Memorandum of Understanding, positioning...Read More
Arkham Intelligence has revealed that Tesla currently possesses 11.51K BTC, valued at $780 million, distributed across 68 addresses, while SpaceX holds 8.29K BTC, totaling $560 million, spread across 28 wallets. These findings are substantiated by on-chain fund flows that align with financial disclosures from both companies. Tesla and SpaceX’s Vaults: $1.34B in BTC Holdings Laid...Read More
The forthcoming Ethereum Dencun upgrade scheduled for March 13 offers a chance for near-zero transaction fees for layer 2 (L2) solution users, possibly drawing in more new ones, as per a research report by Fidelity Digital Assets. The forthcoming upgrade marks the initial step in Ethereum’s rollup-focused roadmap. This advancement will empower the network to...Read More
Bitcoin accumulation addresses are witnessing record inflows following Bitcoin’s (BTC) surge to its all-time high of $69,000 and the subsequent retracement. According to a weekly report by CryptoQuant, daily inflows into Bitcoin accumulation addresses have risen to 38,000 BTC, pushing the total holdings of such wallets to record-high levels of 1.5 million BTC. Accumulation Addresses...Read More
The market for cryptocurrencies in 2024 has seen a meteoric shift. With some coins making headlines while others are making their investors millionaires, the market has seen a massive shift from bearish 2023 to bullish 2024. However, the market has not been the same for every coin. Some coins, due to their robust fundamentals, have...Read More
