The tokens have been sold to an undisclosed buyer and will be vested for two years. Source
Optimism Sells $89M OP Tokens in Private Transaction
Day: March 8, 2024
Binance Labs Wraps Up Incubation Season 6 with Strategic Investments in Seven Blockchain Startups
Binance Labs concludes its sixth incubation season, investing in seven early-stage projects across DeFi, infrastructure, and AI-powered DApps, signaling strong support for innovative Web3 solutions. Binance Labs, the venture capital and strategic incubator arm of the leading cryptocurrency exchange Binance, has officially completed its sixth season of the Incubation Program, announcing investments in seven promising early-stage blockchain projects. This move underlines Binance Labs’ continued commitment to fostering innovation and long-term development within the blockchain and cryptocurrency ecosystem. The Incubation Program, which began in December 2023, is a two-month initiative designed…
Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert NGN Balances
Binance, one of the leading crypto exchanges, has said it will discontinue all Nigerian naira services on March 8. The crypto exchange’s decision to drop trading pairs that feature the naira follows weeks of attacks and an official crackdown on its Nigerian operations. Crypto experts like Oladotun Wilfred Akangbe believe dropping the naira will temporarily […] Source CryptoX Portal
World’s First ICO on Bitcoin Blockchain Enters Final 7 Day Countdown – Blockchain News, Opinion, TV and Jobs
London, United Kingdom, March 8th, 2024, Chainwire 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 has built to 150,000 in just 3 weeks, and over 10,000 buyers so far, the team hopes this momentum and growth continues. Building on Bitcoin Driven by the 0DOG token, Bitcoin Dogs is both a GameFi experience…
Bitcoin Forms Inverse Head & Shoulders Pattern, Eyes $76,000
Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst Josh Olszewicz. Bitcoin Price Rallye To $76,000 Next? An inverse head and shoulders (iH&S) pattern, often seen as a bullish indicator, has formed on the Bitcoin 1-hour chart, suggesting a potential upward price movement. This pattern,…
Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
Deep OTM calls are cheaper than those at strikes closer to and below the going market rate. Thus, outright purchases of deep OTM calls are often considered analogous to lottery tickets. The loss is limited to the extent of the premium paid to purchase the option, but, in theory, profit can be huge if the market exceeds the strike price before expiry. Source
BNB Price Zooms 10%, Here Are Next Possible Barriers For Bulls
BNB price is gaining bullish momentum above the $450 resistance. The price is signaling a strong uptrend and might soon surpass the $500 resistance. BNB price is showing bullish signs above the $450 resistance level. The price is now trading above $465 and the 100 simple moving average (4 hours). There was a break above a connecting trend line with resistance at $430 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could continue to rise toward the $500 resistance zone or even $520. BNB…
Ethereum Price (ETH) On The Path To Rally Past $4K
Ethereum price extended its increase toward $3,950. ETH is now consolidating gains and might aim for a move above the $4,000 resistance. Ethereum traded to a new multi-month high above $3,940. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag pattern with resistance at $3,830 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,940 resistance zone. Ethereum Price Remains In Strong Uptrend Ethereum price extended its…
U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report
The eyes of global authorities, including Interpol, have been on Kwon ever since Terra collapsed in mid-2022. Terra’s collapse wiped out billions of dollars of investor funds, and Kwon fled to Montenegro, where he was arrested for possession of falsified official documents. The courts in Montenegro are deciding the destination of his extradition. Source
Worldcoin Ordered to Stop Operations in Spain
Worldcoin, the biometric identity project, has been banned from operating in Spain for up to three months, according to a press release from the Spanish data agency, the AEPD. The agency will also require Worldcoin to stop using the already collected data from Spanish citizens, utilizing the EU’s General Data Protection Regulation (GDPR) as a […] Source CryptoX Portal