Day: March 19, 2024

Crypto Presale Frenzy Raises $122M Worth of SOL In A Week

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The crypto market is down as most cryptocurrencies have registered red numbers for the past few days. Expectations of making big profits out of the bullish sentiment are momentarily halted. And while many patiently wait for the prices to rise again, others are seemingly looking for different options to make their bags. Crypto Presale Frenzy Sees Big Numbers The “memecoin mania” has been at the forefront of the market, stealing the spotlight since February. As a result, investors might see a window of opportunity to profit from these tokens. During…

The Bitcoin Halving Really Is Different This Time

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The halving will occur at block height 840,000 (a count of how many blocks have been hashed to the blockchain), and already people are predicting that will be the most valuable block to be mined to date. This is related to the point above: Ordinals works by assigning serial numbers to individual satoshis (or sats, the smallest denomination of BTC), which turns a fungible asset like bitcoin into something with provenance, identity and scarcity. Original

Solana breaks $200 as market fluctuates, Galaxy Fox pre-sale heats up

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amidst market fluctuations, Solana surpasses $200 while Galaxy Fox pre-sale captivates investors with a $4.8 million cap. he crypto market is currently in a bull run, highlighted by significant achievements such as Solana’s breakthrough past the $200 mark and the substantial interest in Galaxy Fox’s ICO. As Bitcoin continues to reach new heights, the market is on edge, anticipating the effects of the upcoming halving event. Despite a general…

Injective Launches Important Token Tool As INJ Bleeds

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Injective Protocol, a decentralized finance-centric platform, has launched TokenStation. In a blog post on March 18, Injective said the solution, deployed on its mainnet, allows users to launch native tokens. With this tool, Injective said it would empower anyone to create their tokens in a low-fee and scalable environment. Injective Launches TokenStation, Strikes Key Partnership The tool was developed by the Injective community and aims to “remove barrier to entry for token creation.” Like the token creation tools on Solana and Ethereum, for example, using TokenStation, part of the blog post…

GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days  

According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves. Record-Breaking Outflow Hits Grayscale Bitcoin Trust Grayscale has continued to face outflows, marking […] Source CryptoX Portal

Crypto Report Says ‘Alameda Gap’ Is Gone After Bitcoin Rally, What This Means

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In its most recent research newsletter, crypto research firm Kaiko alluded to an ‘Alameda Gap,’ which has been massively impacting the Bitcoin and crypto market for some time now. However, that seems to be in the past, as Kaiko stated that the gap no longer exists.  What The Alameda Gap Is About According to the report, the ‘Alameda Gap’ is the gap in liquidity that existed after the collapse of the collapse of the defunct crypto exchange FTX and its sister company Alameda Research. Alameda was one of the most…

Bringing Bitcoin to African Women

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If I can get to a level where I have several other leaders who can take whatever I have taught them and actually use it to help them in whatever way they deem fit, I think that will create more impact than having a huge name like Michael Saylor teaching them. Michael Saylor is going to teach them how he thinks and believes Bitcoin should be used. But if we have leaders who actually understand how Bitcoin works and how it can help them — as maybe Nigerians, as South…