PRESS RELEASE. Geneva, Switzerland, March 4, 2024 – The TRON DAO team attended ETH Denver, one of the leading events in the blockchain space. In conjunction with this, the TRON Builder Tour (TBT) ETH Denver event unfolded, drawing enthusiasts into the dynamic world of the TRON ecosystem with an event packed with insights, networking, and […] Source CryptoX Portal
The Cardano network is showing bullish signs, which suggest that a price surge might be on the horizon for the ADA token. Based on price predictions made by some crypto analysts, the crypto token could rise to as high as $10 when this happens. Cardano Network Is Healthy Crypto analyst Ali Martinez highlighted in an X (formerly Twitter) post that the Cardano network appears healthy. This is based on several metrics in which the network continues to experience significant growth. This includes the notable rise in daily active ADA addresses,…
On-chain data shows Shiba Inu (SHIB) and other memecoins in the sector have observed a sharp boost in their volumes alongside their rallies. These Memecoins Have Enjoyed 3,000% Average Volume Increase According to data from the on-chain analytics firm Santiment, the trading volume of the memecoins has shot up recently. The “trading volume” here refers to the total amount of a given cryptocurrency involved in trading activities on the various spot exchanges in the sector. When the value of this metric is high, it means that the asset in question…
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $34.32 billion, only to soar to $61.59 billion today. From Dogecoin to Shiba Inu: […] Source CryptoX Portal
Bitcoin has seen a significant increase, with prices hitting $67,000 before the halving next month. Bitcoin’s market capitalization has set a new record, reaching $1.32 trillion, surpassing its previous peak in November 2021 of approximately $1.3 trillion. Since the beginning of the year, Bitcoin’s total market capitalization has witnessed an increase of more than 135% The lowest market cap Bitcoin (BTC) has had was around $297.3 billion in November 2022. This calculation comes from the current circulation of 19,644,550 bitcoins, as reported by CoinMarketCap. 24-hour chart of BTC from CoinMarketCap…
Bitcoin could reclaim its all-time high with a 4% surge, and experts believe the crypto will grow at least three times its current price during this bull run. Bitget managing director Gracy Chen said that Bitcoin (BTC) could potentially hit $180,000 to $200,000 in the ongoing cycle thanks to bullish interest in the top cryptocurrency by market cap from institutional stakeholders. At press time, BTC exchanged hands above $67,200, up over 6% in the past 24 hours per CoinGecko. From the recent data on Bitcoin investors, it seems holders are…
Bitcoin (BTC), the leading cryptocurrency, continues its remarkable bullish run, surpassing the $65,000 mark on Monday and inching closer to its all-time high of $69,000. Simultaneously, BTC has achieved a significant milestone against the Euro as economic concerns escalate across Europe. BTC Achieves Record Highs Against 14 G20 Currencies Despite previous skepticism from European authorities, Bitcoin has soared to an all-time high of $60,200 against the official currency of the European Union (EU). This achievement is noteworthy, considering the Euro’s recent depreciation against Bitcoin, as depicted in the chart below.…
The cryptocurrency hit an all-time high against the euro on Monday and is attempting to push for an all-time high in dollar terms. Original
Jake Chervinsky, Chief Legal Officer at Variant Fund, raised doubts about the SEC’s approval of spot Ethereum ETFs in the U.S. by the May deadline. Chervinsky highlighted the complex legal and policy environment in Washington, D.C., as a significant factor that could lead to the SEC denying the applications or requesting their withdrawal despite the successful launch of spot Bitcoin ETFs in January. SEC Chair Gary Gensler has clarified that the approval for Bitcoin ETFs should not be interpreted as a broader acceptance of cryptocurrency ETFs, emphasizing the unique status…
The company has, however, received a fair amount of scrutiny over the years for its opaque reserve management, having at one point risky backing assets like Chinese commercial paper and credit to now-bankrupt crypto lender Celsius, and a lack of independent audits – a deeper financial analysis than attestations. It now says it is backed mainly by more secure investments such as U.S. Treasury bills, repurchase agreements and deposits in money market funds. Source