An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling key aspects of market behavior. Glassnode Report Sheds Light on ETF Net Inflows and Long-Term Bitcoin Holder Gains In its analysis, Glassnode emphasizes the notable […] Original
Day: March 10, 2024
Top cryptocurrencies to watch this week: BTC, ETH, WLD
Top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) propelled market cap growth by $270 billion within the last week. An 11.3% increase saw the sector’s market cap appreciate to $2.64 trillion. This commendable growth was also driven by a significant contribution from Worldcoin (WLD). BTC, ETH and WLD prices -March 10 | Source: Santiment BTC records new ATH The crypto market uptrend spilled into this week, allowing several assets to clinch new heights. Being the leading cryptocurrency, Bitcoin was not left out in this trend, as the token saw massive…
Worldcoin Introduces Complaint Against Operations Ban in Spain
Worldcoin, the biometric iris scanning project, has introduced a complaint against the actions of the AEPD, the personal data protection agency in Spain. Tools For Humanity, the company behind Worldcoin, argues that the agency circumvented the General Data Protection Regulation (GDPR) established procedures when taking the ban actions against the project. Worldcoin to Fight Operations […] Source CryptoX Portal
Is Dogecoin About To Ditch The Hype? Top Traders Predict $1 Price
In a daring proclamation, cryptocurrency trader KALEO and two other top analysts, are shaking the foundations of the market with a bold assertion – the journey of Dogecoin to $1 is not a mere speculative venture but a palpable prospect within the current market cycle. Amidst the noise of market volatility, their confidence adds a fresh perspective to Dogecoin’s narrative. $doge to a dollar isn’t going to be just a meme this cycle — K A L E O (@CryptoKaleo) March 8, 2024 Dogecoin’s Dance With Bitcoin In The Market…
BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than the largest corporate holder, MicroStrategy (MSTR). Source
Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More — Week in Review
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of its halving event and a major 2024 upgrade. Additionally, rumors circulated about a Qatari billionaire’s […] Original
Crypto Whales Bet Big On LINK
The momentum of Chainlink (LINK) in February has largely subsided and the current performance of the crypto seems lackluster when compared with other large crypto assets. However, it would appear that the cryptocurrency is gearing up for some action in the coming weeks. Interestingly, new on-chain data has revealed a fresh accumulation pattern by LINK whales which could set up the resumption of a price uptrend. According to blockchain tracker Lookonchain, there’s been an outflow of 831,160 LINK worth $16.72 million from crypto exchange Binance in the past two days…
DeeStream (DST) gains traction as TRX, Ethereum, Shiba Inu surge
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The market surge that the crypto industry is experiencing has had ripple effects on web3 projects such as DeeStream (DST). Investor whales in projects such as Tron (TRX) and Ethereum (ETH) want to expand their portfolio. The up-and-down trend of Tron (TRX) Tron (TRX) is a blockchain platform for creators to own and monetize their content. Tron can adapt various content formats and platforms, including streaming, video hosting, and…
Blockchain projects in MENA region depend on its fusion with RWA
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Blockchain technology is almost synonymous with cryptocurrencies. It’s undeniable that blockchain adoption would’ve never reached its current state without Satoshi’s Bitcoin (BTC), even though the blockchain concept is almost three decades old. While cryptocurrencies like Bitcoin dominate headlines, the broader potential of blockchain in facilitating secure, decentralized data processing in real-world scenarios is equally groundbreaking. Imagine a supply chain operating with unparalleled transparency and efficiency or a…
JPMorgan Says ‘Unrealistic’ to Expect Bitcoin to Match Gold Within Investors’ Portfolios
JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within investors’ portfolios in notional amounts,” a JPMorgan strategist stressed, adding: “Most investors take risk and volatility into […] Original