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…

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…