“In the NBA, the presence of crypto is definitely growing, especially with the partnership now between Coinbase and the NBA, just the brand being there I think that’s caused more conversations to come about as of late,” Haliburton said. “It’s not just the players. It’s coaches, security staff, it’s talked out throughout everybody.” Source
Day: March 20, 2024
Bitcoin’s price could fall to $66k as Uniswap lists new meme coin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin faces a potential correction, projecting a drop to $66,000 amidst market speculation. Meanwhile, Uniswap’s addition of the memecoin Rebel Satoshi (RBLZ) stirs investor excitement. Bitcoin’s price trajectory is again under scrutiny, with concerns looming over a potential correction. Despite recent surges, there are whispers of a downturn, with projections suggesting a drop to $66,000. Let’s explore this alongside the latest developments in the cryptocurrency space, including the listing…
Bitcoin (BTC) Price at $64K as Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year
Bitcoin (BTC) was trading around $64,000 before the meeting from its overnight low of $60,700, then spiked to $64,700 in the immediate aftermath of the decision. The CoinDesk Bitcoin Index (XBX) was up 0.5% over the past 24 hours, while the broad-market CoinDesk 20 Index (CD20) declined over 2% during the same period. Original
Santiment Reveals Best Altcoins Currently In “Opportunity Zone”
The on-chain analytics firm Santiment has revealed the altcoins that have recently surged into the mid-term “opportunity zone.” These Altcoins May Be More Likely To See Rebounds In a new post on X, Santiment has discussed what the various altcoins in the market are looking like from the perspective of the MVRV. The “Market Value To Realized Value” (MVRV) refers to an indicator that keeps track of the ratio between the Bitcoin market cap and the realized cap. The realized cap here is a capitalization model for BTC that measures…
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that […] Source CryptoX Portal
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security. Source
Shiba Inu May Rise 250% Pre-Bitcoin Halving, Predicts SHIB Team
In a bold forecast that is stirring considerable attention within the SHIB community, a prominent official from the Shiba Inu ecosystem has projected a staggering 250% surge in the token’s value leading up to the upcoming Bitcoin halving. Lucie, the marketing lead for Shiba Inu, expressed her confidence in a significant rebound for SHIB, predicting that the meme coin could surpass its 2021 all-time high (ATH) in the weeks ahead. This optimistic outlook comes despite the token’s recent 43% decline to $0.000026 from its recent yearly high at $0.000045. Lucie…
Solama to Get Listed on HTX Crypto Exchange
PRESS RELEASE. Solama, a new meme coin developed on the Solana network, will soon get listed on one more centralized crypto exchange: HTX (formerly known as Huobi Global). The announcement was made on March 18, 2024, on Solama’s official X (Twitter) account. Growth Has No Boundaries Solama, one of the most promising Solana-based meme coins […] Source
London Jury Finds Jian Wen Guilty of Laundering Bitcoin Tied to Alleged China Investment Fraud: Bloomberg
Jian Wen, who denied the allegations, helped her former employer launder the funds between 2017 and 2022, a London jury found. The jury couldn’t reach a decision on two other charges. The 42-year-old had previously been acquitted of other money laundering charges at a separate trial. Source
Web3 Base Layer – Mystiko.Network Completed a 18 Million USD Seed Funding Round – Blockchain News, Opinion, TV and Jobs
BVI, BVI, March 20th, 2024, Chainwire Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc. In less than a year, Mystiko V1 mainnets have supported over 134 Million USD transaction volume, 214K+ transactions on 5 different layer1/layer2 blockchains, with 54K+ unique active onchain users. Previously, Mystiko.Network has also been selected to participate…