Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving the CBDC’s Utility Gluwa, a real-world assets platform, has entered into a partnership arrangement […] Source CryptoX Portal
Day: March 9, 2024
Crypto Analyst Says Bitcoin Is Heavily Undervalued Despite ATH, What’s The Fair Value?
Despite Bitcoin recently hitting a new all-time high (ATH) of over $70,000, crypto analyst Michaël van de Poppe believes that there is still more room for significant moves to the upside. Interestingly, he also expects that this bull cycle will be one like no other. Bitcoin Still Heavily Undervalued Michaël van de Poppe mentioned in an X (formerly Twitter) post that Bitcoin was still “heavily undervalued” despite hitting a new ATH. He added that the value is “way higher” and noted how the flagship crypto can help hedge against inflation…
Over 90% Addresses In Profit
Cryptocurrency enthusiasts are celebrating a bullish weekend for Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. With a price surge of 4.31% in the last day, ETH is inching closer to a critical resistance point: $4,000. This climb comes amidst a wave of optimism surrounding the Ethereum network, fueled by a confluence of factors. Ethereum Whale Activity, On-Chain Buying Signal Potential Rally Market analysts are attributing the recent surge to a significant rise in Ethereum accumulation. According to data from blockchain tracking company Spot On Chain, wallets linked to…
Binance faces criticism for ‘Crypto’ perfume launch around international women’s day
Binance is facing major backlash online as users decry its use of a perfume to market to women as a sexist attempt to appeal to women by playing into female stereotypes. It’s not unusual for major cryptocurrency companies like Binance to launch non-crypto accessories to cash in on the market’s enthusiasm, whether it’s Bitcoin t-shirts, meme coin-themed phone covers, or NFT-themed sunglasses. However, Binance made a very unique move yesterday, becoming the industry’s first company to launch a women’s fragrance called “CRYPTO.” Dear @binance this is not going how you…
LINK, DOGE backers eye PUSHD for significant growth as BTC hits $67,000
Amid Bitcoin’s surge to $67K, Chainlink and Dogecoin communities anticipate significant growth for Pushd in the e-commerce sector. Bitcoin’s recent climb to $67K has energized the cryptocurrency market, with Chainlink and Dogecoin supporters predicting substantial gains for the e-commerce platform Pushd. Bitcoin surges to $67K, catalyzing the crypto market Bitcoin (BTC) reaches a monumental $67K mark a pivotal moment in the evolution of the crypto market. This surge in Bitcoin’s value is a testament to its enduring appeal and a catalyst for the broader cryptocurrency ecosystem. As BTC continues to…
Meme coins surge as Smog aims for $1 milestone
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins Pepe and Floki are witnessing significant gains, with increases of 19% and 42%, respectively, signaling a market recovery. Meanwhile, newcomer Smog sees a 36% rise, hinting at potential growth. The meme coin sector is showing signs of revival, highlighted by the performance of Pepe and Floki, with jumps of 19% and 42%. This follows a recent downturn that now seems to be reversing. Pepe and Floki surge…
Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs
The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law is also viewed as an effort to attract blockchain firms to Wyoming. New Law Reinforces Wyoming Crypto-Friendly Reputation Mark Gordon, the Republican governor of Wyoming, […] Source CryptoX Portal
The best cryptocurrency portfolio trackers of 2024
Explore the best crypto portfolio trackers in 2024 that could help investors manage your investments effectively Amid a bullish trend in the cryptocurrency market, many investors may be thinking about how to effectively manage ther investments. Whether you’re a seasoned trader or just stepping into the world of crypto, keeping track of your portfolio is crucial for making informed decisions. As a result, with the evolution of technology, crypto portfolio trackers have emerged as promising tools for investors. Understanding crypto portfolio trackers Crypto portfolio tracker apps monitor transaction history, live…
Gaming Giant Ubisoft Embraces Blockchain Technology As Node Validator In XPLA Ecosystem
Ubisoft, a renowned video game developer and publisher, has announced its participation as a node validator in the XPLA ecosystem, demonstrating its intention to explore blockchain technology. According to the March 7 announcement, Ubisoft’s participation in the ecosystem aligns with its focus on innovation through its Strategic Innovation Lab, which aims to anticipate future trends and capitalize on opportunities presented by “cutting-edge” technologies. Ubisoft Joins XPLA As Validator XPLA, a Tendermint-based Layer 1 blockchain, is a hub for digital media content and embodies the concept of “Explore and Play.” As…
Binance Launchpool Announces Upcoming Support for New Decentralized Derivatives Exchange Altcoin
Binance is planning on rolling out support for a new decentralized derivatives exchange altcoin via its Launchpool platform. The top global crypto exchange platform by volume says its 48th Launchpool project will be Aevo (AEVO), an Ethereum (ETH)-based digital asset exchange that supports options, perpetual futures, and other products within a single margin account. Launchpool allows users to stake coins to farm new assets. Starting on Friday, Binance users will have five days to stake BNB, Binance’s native token, and the stablecoin First Digital USD (FDUSD) in separate pools to farm…