Bitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs amid an elevated interest-rates environment worldwide. Source
Day: March 26, 2024
PEPE’s marketcap soars as KangaMoon presale draws investors
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As PEPE’s market cap aims for $50 billion after a tenfold surge, KangaMoon (KANG) emerges as a formidable contender with its presale results. Pepe (PEPE) has recently pumped 10x and now has its sights on a $50 billion market cap. Meanwhile, it seems like KangaMoon (KANG) is making huge strides as it grows during a presale event of discounted tokens. Pepe surges 968% Pepe the Frog, a popular internet…
Galaxy Digital (GLXY) Reports Full-Year Profit of $296M Following $1B Loss in 2022
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining
The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice, agreed to deal with these crimes swiftly given the damages they cause to the Paraguayan power grid. Paraguay Prepares […] Source
$4k Rebound before Bitcoin Halving?
Ethereum price surged to $3,663 on March 26, up 20% from the monthly low recorded on March 19: market data shows investors have taken on a more optimistic outlook ahead of the Bitcoin halving. Ethereum came within whiskers of dipping below $3,000 last week after the post Dencun Upgrade sell-off. But with the Bitcoin (BTC) halving drawing nearer, on-chain data shows a significant change ETH investors’ disposition. Investors shift 200,000 ETH into long-term storage on 30-day Bitcoin halving countdown After the wholesale sell-offs that heralded the Dencun upgrade, delays around…
Vave Launches Exclusive $150,000 Porsche Tournament
PRESS RELEASE. Vave, the premier crypto gambling platform, is set to ignite the gaming scene this spring. With its exciting Porsche Tournament, the company offers players the chance to win big, including the ultimate prize of a brand-new Porsche 911! And that’s just the beginning – luxury watches, exotic resort escapes, and other amazing rewards […] Source CryptoX Portal
XRP Primed for 90% Rally to $1.2, According to Top Analyst
Renowned XRP analyst EGRAG has ignited a firestorm of excitement and skepticism with his bold prediction for the cryptocurrency. EGRAG, known for his bullish XRP stances, is calling for a potential 90% surge in the near future, with a target price of $1.20. This forecast hinges on a technical pattern identified by EGRAG – a “W” wave formation on XRP’s 3-day chart, which he believes historically precedes bull runs. XRP Long-Term Outlook The prediction has sent ripples through the XRP community. Enthusiasts are buoyed by the prospect of such a…
BadgerDAO partners with Lido to launch Bitcoin-pegged stablecoin
BadgerDAO, a prominent player in the Bitcoin (BTC) decentralized finance (defi) sector, has announced a partnership with Lido, a premier provider of liquid staking solutions on the Ethereum network. According to a press release shared with crypto.news, a new eBTC system has launched offering users the ability to secure loans without encountering any interest, repayment, or initiation fees. Instead, the protocol utilizes the Ethereum collateral by staking it with Lido to generate staking rewards, which potentially offers a more cost-effective borrowing option. The protocol aims to enhance existing wrapped Bitcoin…
Bitcoin won’t trade near $20k in current cycle, Bitfinex forecasts
With long-term holder realized price below $20,000, Bitcoin is unlikely to trade near this level in the current cycle, analysts at Bitfinex say. Bitcoin (BTC) is unlikely to trade below the $20,000 mark in the current cycle, as a cohort of long-term holders has been heavily buying the crypto since early February 2023, when BTC was trading above $24,000, analysts at crypto exchange Bitfinex said in a recent research report. With Bitcoin currently trading around $70,600, analysts highlight the short-term holder realized price standing at $55,834, indicating its critical role…
NFT sales rally 28% with Bitcoin dominating the scene
After recording consecutive declines over the past week, non-fungible token (NFT) sales have gained momentum again, registering impressive gains. According to data provided by CryptoSlam, the global NFT sales volume surged by 28.1% in the past 24 hours and is currently hovering at $38.2 million. The total number of NFT transactions also increased by 26.2%, reaching 249,125. However, the NFT wash volume declined by 15.2%, currently sitting at $10.6 million, per CryptoSlam. Bitcoin is leading the scene with a 44% increase in its daily NFT trading volume, hovering around $15.9…