Month: March 2024

NEAR To Rise Higher According To These Analysts, Can It Hit $10?

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NEAR, the native token of the Layer 1 (L1) public blockchain NEAR Protocol, has substantially risen during this bull run after registering remarkable gains since the end of 2023. As the price of Bitcoin continues to soar, NEAR has recorded an over 130% price surge in the past month, and analysts forecast that the bullish momentum isn’t over yet.  Analyst Foresees NEAR’s Next Leg Up Coming Soon At the end of 2023, the NEAR token showed a remarkable performance by doubling its price in mid-December. Since then, the crypto market…

7 cryptocurrencies to watch as market growth surges

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amidst a dynamic market, seven cryptocurrencies are noteworthy for their innovative utilities and promising market performance, revealing investment opportunities beyond Bitcoin. The cryptocurrency market is witnessing significant growth, with Bitcoin now exceeding $70,000, marking a pivotal moment for investors to explore potential opportunities. As the market expands, this piece delves into seven cryptocurrencies that stand out based on their utility, market performance, and innovative features, tokenomics, narratives, expert opinions…

DeFi Platform Algotech Raises $250,000 in a Single Day to Cross $2M Presale Milestone – Blockchain News, Opinion, TV and Jobs

San Fransisco, California, March 12th, 2024, Chainwire DeFi trading platforms are starting to offer advanced utilities that are challenging conventional financial systems. These emerging platforms feature cutting-edge technology and offer decentralised alternatives to legacy systems.  Especially in the context of asset trading, users can leverage the potential of blockchain technology to have access to unparalleled insights. New DeFi platform Algotech (ALGT) is spearheading this change by bringing together artificial intelligence (AI) and blockchain technology.  The platform aims to transform the global asset trading landscape by providing traders with advanced performance…

Bitcoin Fog founder convicted in $400m crypto laundering case

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The founder of crypto mixing service Bitcoin Fog has been found guilty by a federal court of laundering money linked to illicit drug sales on the dark web. On Tuesday, a deliberation that lasted approximately two days led the jury to find Roman Sterlingov responsible for obscuring the origins of crypto transactions, thereby complicating efforts to trace the financial proceeds from criminal endeavors. The prosecution argued that Bitcoin Fog had been instrumental in masking over $400 million in transactions, with $78 million directly tied to notorious dark web marketplaces. Sterlingov’s…

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs The launch of bitcoin (BTC) and ethereum (ETH) ETNs on the LSE platform marks a […] Source CryptoX Portal

Solana NFT Marketplace Tensor to Issue TNSR Governance Token

Since December a spate of crypto finance projects in the Solana blockchain ecosystem have released tokens in attempts to “decentralize” their governance. Holders of these tokens get to vote on the directions of their protocols. Oftentimes those who have used the protocol heavily – by, say, trading hundreds of NFTS – get bigger allocations of the token. Source

Bitcoin Fog Founder Convicted of Money Laundering

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Two other crypto criminals, including Larry Harmon, the former CEO of bitcoin mixer Helix, and Ilya Lichtenstein, who, along with his wife Heather “Razzlekhan” Morgan, laundered $3.6 billion in bitcoins from the 2016 Bitfinex hack, testified against Sterlingov during his trial. Lichtenstein pleaded guilty last August and has not yet been sentenced while Harmon pleaded guilty in 2021, agreeing to forfeit over 4,400 bitcoins and pay a fine of $60 million. Original

These are the stocks most correlated to moves in bitcoin

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Some expected — and unexpected — names are joining the bitcoin frenzy. As bitcoin has rallied to all-time highs in recent weeks, turbulent crypto currencies have regained some relevance among traditional investors. These actions have also had a ripple effect among some stocks tied to trading digital currencies — as well as a handful of names some may not have anticipated. CNBC Pro screened to find the stocks that have moved most in line with bitcoin over the last 50 trading days. We looked at the relationship between the stocks…