The Cardano (ADA) blockchain has experienced a significant uptick in user engagement over the past month. According to data from Danogo, a decentralized exchange (DEX) on Cardano, the number of active wallets on the network surged to 600K, a 40% increase that doubles the lowest amount in the past 30 days. The surge in active...Read More
Nigerian authorities are urging Binance to provide details about its most prominent 100 users within the nation amidst a continued clampdown on the platform. The request is a focal point in discussions between Binance and Nigeria, with the government perceiving the exchange as a key obstacle hindering its attempts to strengthen the national currency, the...Read More
Ethereum’s (ETH) meteoric ascent serves as a propelling force for meme coins like Dogecoin (DOGE) and Furrever Token (FURR), igniting a fervor of optimism and excitement among investors. As ETH blazes a trail of unprecedented highs, DOGE and FURR ride the coattails of its monumental rally, experiencing a surge in demand and market enthusiasm. FURR,...Read More
Crypto custody and trading platform Bakkt has received a warning from the New York Stock Exchange (NYSE) regarding its non-compliance with the stock exchange’s listing rules. According to the NYSE, the platform has not been able to maintain its closing share price above $1 for the past 30 days, hence facing delisting risk. Bakkt Plans...Read More
Diehard gold bug and notorious crypto critic Peter Schiff has finally admitted that he regrets not buying Bitcoin (BTC). “Of course – I’m not an idiot,” said Schiff during an interview published on Tuesday, when asked if he’d have bought the digital currency sooner if he could go back in time. Peter Schiff Regrets Fading...Read More
[PRESS RELEASE – San Francisco, California, March 14th, 2024] In a landmark move for the blockchain industry, Ankr, a pioneer in the development of Decentralized Physical Infrastructure Networks (DePIN), is thrilled to announce an ambitious expansion of its network through strategic partnerships with leading Ultra Sound Infrastructure providers. This expansion is set to redefine the...Read More
Just one day after the spot Bitcoin ETFs achieved a notable milestone with a net inflow of $1.05 billion, BlackRock’s IBIT saw inflows exceeding the total outflows of Grayscale’s GBTC for the first time. According to data compiled by SoSo Value, as of March 13th, IBIT’s cumulative inflow amounted to $12.03 billion, whereas GBTC’s cumulative...Read More
Bitcoin (BTC) whales have been busy this week taking profits, or at least it appears so. According to on-chain tracker Lookonchain, one wealthy trader made a profit of $217 million on BTC after selling a large amount of BTC on Binance. The whale in question had accumulated and held BTC for several months, specifically since...Read More
As Bitcoin notched yet another milestone of $73.6k, meme coins, too, had a “big day.” With the top 100 meme coins posting massive gains over the past week, the on-chain data suggests that profits are swiftly flowing into speculative assets with limited liquidity. Meme Coin Mania Amid Bitcoin Bull Run The OG meme coin –...Read More
According to a decision by Judge James Mellor on March 14, as reported by BitMEX Research, Craig Wright, an Australian computer scientist who has claimed since 2016 to be Satoshi Nakamoto, the enigmatic founder of the Bitcoin network, is not the real Nakamoto. The lawsuit, initiated by the Crypto Open Patent Alliance (COPA) against Wright,...Read More
[PRESS RELEASE – Dubai, UAE, March 14th, 2024] MANTRA has announced a major step towards mainstreaming Real World Asset (RWA) tokenization with its application for its first essential financial licenses. Its expected receipt of licensing in the UAE will allow MANTRA to target a global customer base, and empower businesses to capitalize on RWA asset...Read More
Adam Back, a British cryptographer and co-founder of blockchain tech company Blockstream, believes Bitcoin (BTC) reaching $100,000 is way overdue and a matter of when, not if. According to a Thursday tweet by the famous Bitcoin proponent, there is little market euphoria as the leading digital asset records $1,000-$5,000 green candles because the community expects...Read More
[PRESS RELEASE – New Delhi, India, March 14th, 2024] Following the resounding success of its $MOBCOIN pre-sale on PinkSale, Crypto Gambinos, a project spearheaded by Phantom Labs Pty Ltd, is thrilled to announce two significant developments: a substantial price reduction for its hyper-realistic NFT collection and a generous $MOBCOIN airdrop for NFT holders. These moves...Read More
On March 13, Elon Musk said that Dogecoin might be accepted as a payment method for Tesla “at some point.” The comments came while Musk was addressing the public at a Tesla manufacturing plant in Berlin. Musk was asked by an audience member if the electric vehicles can be bought using DOGE in the near...Read More
DeFi lending protocol MakerDAO announced that the first phase of its highly anticipated ‘Endgame’ is planned for a summer 2024 launch. Phase 1 will involve the back-to-back release of all of Endgame’s major features. MakerDAO emphasized these as the essential drivers of growth. The objective is to rapidly establish a fully functional virtuous cycle where...Read More
ETHFI, the native token of ether.fi, a liquid restaking protocol, is now available to trade on BitMEX via a new Pre-Launch futures listing – ETHFIUSDTH24. Ether.fi is a Binance Launchpool project and is expected to begin trading on 18 March 2024. ETHFIUSDTH24 is Tether-margined and offers up to 2x leverage – marking the first-ever Pre-Launch...Read More