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Bitcoin long-term holder behavior shift signals ‘unique market dynamic’ — Research
Bitcoin’s recent corrective phase saw a notable low of $76,600 on March 11. Despite this downturn, data indicates that long-term holders of Bitcoin (LTHs) are retaining significant amounts of their assets, hinting at a “unique market dynamic.” According to a report by Glassnode dated March 18, long-term holder activity is subdued, with a marked reduction…
Continue ReadingDavid Sacks Defends Crypto Divestment Against Media Criticism
David Sacks, recently appointed as AI and cryptocurrency czar for the White House, is facing increased scrutiny after announcing his decision to liquidate his digital asset holdings. Many in the media have portrayed this move as a loss of confidence in cryptocurrencies; however, Sacks asserts that it is a necessary compliance measure with government ethics…
Continue ReadingBitcoin Reclaims $85k and Stocks Head Higher Despite Analysts Warning of Pain Ahead
Crypto markets are buoyed by recent developments following the Federal Open Market Committee (FOMC) meeting, during which the U.S. central bank decided to keep interest rates steady at 4.25%-4.50%. This decision has contributed to a positive sentiment in the crypto space, marked by a significant increase in Bitcoin’s price, which has surged 4.5% in just…
Continue ReadingVolatility Shares launching Solana futures ETFs March 20
Volatility Shares is set to introduce two exchange-traded funds (ETFs) focused on Solana (SOL), marking a significant development in the U.S. cryptocurrency investment landscape. The Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT) are expected to launch on March 20. According to a recent filing with the Securities and Exchange…
Continue ReadingRAY Surges 28% as Raydium Unveils Meme Coin Launchpad
The price of Raydium’s RAY token surged by 28% following the announcement of its strategic response to an emerging competitor in the meme coin space. The Solana-based decentralized exchange (DEX) is reportedly set to unveil LaunchLab, a new platform aimed to rival Pump.fun, which has been exploring its own automated market maker (AMM). This move…
Continue ReadingMeet Hoodi, Ethereum’s New Testnet
Network Updates Ethereum Introduces Hoodi Testnet Ethereum developers have unveiled a new test network called Hoodi, designed to facilitate the upcoming “Pectra” blockchain upgrade. Scheduled to go live on March 26, this testnet aims to address issues encountered in previous tests conducted on Holesky and Sepolia, which failed to finalize correctly due to configuration errors.…
Continue ReadingHow Small Businesses Can Accept Bitcoin and Crypto Payments
Embracing Cryptocurrency Payments: A Trend Worth Considering The integration of cryptocurrency payments has emerged as a key trend across various industries, reshaping how businesses engage with their customers. By accepting cryptocurrencies, companies can notably reduce transaction fees, eliminate chargebacks, and facilitate seamless global transactions, making them increasingly attractive in today’s digital economy. It’s not just…
Continue ReadingArda Raises Pre-Seed to Build Real Estate’s Operating System, Led by Ex-Goldman MD & JPMC Crypto Head
Arda, a pioneering technology firm, has taken a significant step forward in the real estate sector by securing $3 million in pre-seed funding led by Lightshift. This investment is poised to facilitate Arda’s mission of streamlining and enhancing the efficiency of the $380 trillion real estate industry, which is often criticized for its fragmented and…
Continue ReadingSEC to Drop Appeal of Ripple Ruling, Ending 4-Year Legal Fight, CEO Says
XRP experienced a notable surge of 10% during the U.S. morning hours on Wednesday, following an announcement from Ripple CEO Brad Garlinghouse indicating the U.S. Securities and Exchange Commission (SEC) might withdraw its appeal against Ripple. “This is it – the moment we’ve been waiting for. The SEC will drop its appeal,” Garlinghouse stated via…
Continue ReadingSophisticated crypto address poisoning scams drain $1.2M in March
Victims falling prey to address poisoning scams have suffered significant financial losses, with over $1.2 million in cryptocurrency reportedly sent to scammers in March alone. Such scams, characterized as address poisoning or wallet poisoning, involve deceiving users into transferring their digital assets to fraudulent addresses that scammers control. According to a March 19 post by…
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