In the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital currency’s market results haven’t captured as much attention as bitcoin and ethereum, […] Source CryptoX Portal
Month: March 2024
Bitcoin Whales Are Cashing Out Amid Push To New All-Time High
As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit. Large Bitcoin Whales Sell-Off Coins Crypto analyst Ali Martinez took to X (formerly Twitter) to share a chart that showed that large Bitcoin whales were selling off some of their coins. These large whales are those that hold at least 1,000…
Ethereum Finalizes ‘Dencun’ Upgrade, in Landmark Move to Reduce Data Fees
“Scalability is the fundamental unlock that enables permissionless collaboration between developers across projects and teams,” said Karl Floersch to CoinDesk, CEO of OP Labs, the developer firm behind the Optimism blockchain. “With EIP-4844 and Dencun, developers across the Ethereum ecosystem can more seamlessly build together. The upgrade will enable a group of loosely coordinated developers to actually build systems that provide overall experiences that will rival the user experiences we’re used to from top-down, centrally planned platforms.” Source
ceτi AI Announces Successful Launch of Revolutionary Decentralized AI Infrastructure Token
ceτi AI, a pioneering decentralized artificial intelligence infrastructure provider, is thrilled to announce the successful launch of its CETI token. Founded by a team of visionaries led by Dennis Jarvis (formerly of Cryptox.trade and Apple), ceτi AI is on a mission to democratize access to AI by building a globally distributed, high-performance, intelligent, and scalable […] Source CryptoX Portal
Is Bitcoin becoming a first-class asset?
As Bitcoin reached an all-time high, discussions at the Web Summit Qatar 2024 spotlighted its journey toward becoming a first-class asset. Bitcoin’s (BTC) volatility has long been a key point for traditional investors to dismiss the largest cryptocurrency as a first-class asset. Investors typically view first-class assets as stable, less risky, and offering consistent returns. Examples include government bonds from stable countries, blue-chip company stocks, and top-rated corporate bonds. However, a recent analysis showed that despite its inherent volatility, BTC has seen annual price declines in only four years since…
PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient
“PancakeSwap v4 code will be released under an open-source license,” head developer Chef Mochi said. “It addresses the shortcomings of current AMMs, including inflexibility in pricing models for all assets, lack of CEX-level execution functions, impermanent loss for liquidity providers, and pricey on-chain gas fees for users.” Source
Toncoin Rises 61% in Two Days as Telegram Eyes Potential IPO
While officially separate, Telegram endorsed Ton Network as its blockchain of choice in September. Source
ceτi AI Announces Successful Launch of Revolutionary Decentralized AI Infrastructure Token – Blockchain News, Opinion, TV and Jobs
Portland, Oregon, March 13th, 2024, Chainwire ceτi AI, a pioneering decentralized artificial intelligence infrastructure provider, is thrilled to announce the successful launch of its CETI token. Founded by a team of visionaries led by Dennis Jarvis (formerly of Bitcoin.com and Apple), ceτi AI is on a mission to democratize access to AI by building a globally distributed, high-performance, intelligent, and scalable infrastructure network that supports innovative decentralized AI networks.Through these efforts ceτi AI fosters innovation and developer engagement across the globe. Launched on March 11th, 2024 on Uniswap, the CETI…
Number Of Ethereum Short-Term Holders Increasing – Is A Bull Rally Next?
Ethereum (ETH) has been showing a solid performance lately, leaving investors both ecstatic and wary. The world’s second-largest cryptocurrency, boasting a market capitalization of nearly $480 billion, recently surpassed the coveted $4,000 mark for the first time since December 2021, igniting a flurry of bullish predictions. But is this a genuine resurgence, or are we witnessing a temporary blip before a potential correction? Let’s dissect the forces at play. Proponents of a sustained uptrend point to a confluence of positive factors. The long-awaited approval of a US-based Ethereum ETF is…
Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal
On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks (23.3%), elevating its market cap to an impressive $1.43 trillion. Bitcoin […] Original