Month: March 2024

Strategies for Investing in Cryptocurrencies Beyond Bitcoin in the Evolving Crypto Market

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Diversification: While bitcoin remains the cryptocurrency pioneer, the market now boasts thousands of alternative digital assets. Investors seek exposure to a broader spectrum of cryptocurrencies, recognizing the importance of diversification in managing risk. With the recent introduction of a spot Bitcoin ETF in the US markets, investors are now looking for more diverse investments to add to their portfolios, including spot Ether (ETH), liquid-staked crypto assets like stETH, and other innovative crypto indexes. Original

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, March 28th, 2024, Chainwire Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed. CEO, Russell Bennett, forecasts a series of landmark announcements across Q2 and Q3, 2024. Commencing with the appointment of an advisory board. Jamie King, Dan Hibell, Elly Bradbury, and Anders Christiansen combine premium Web2-Web3 commercial nous to spearhead Metacade’s expansion across Talent, Product, Utility, and Engagement. As blockchain games gear up to embrace one billion players, Metacade…

Spot Bitcoin Inflows Surge With New Records

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Bitcoin bulls look to be firmly back in the driver’s seat following weeks of seeing BTC suffer a bearish sentiment with its price dips. The current bullish outlook for the flagship crypto is evident in the fact that the Spot Bitcoin ETFs are again recording an impressive amount of inflows.  Spot Bitcoin ETFs Record $243 Million In Inflows Farside Investors revealed in an X (formerly Twitter) post that the Spot Bitcoin ETFs recorded $243 million in inflows on March 27. This record was primarily thanks to BlackRock’s iShares Bitcoin Trust…

Bitcoin Cash price surges; could Bitcoin Minetrix pump next?

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin Cash’s surge mirrors broader market trends, while Bitcoin Minetrix gathers momentum amidst pre-halving anticipation. Despite a broader market chop, Bitcoin Cash has enjoyed significant bullish momentum, pumping 11% to $548 today. Meanwhile, the new presale Bitcoin Minetrix surges past $12.6 million as experts anticipate spectacular gains following its exchange launch. Bitcoin Cash soars as traders eye halving event Bitcoin is less than four weeks away from its four-yearly…

What will happen after the Bitcoin halving? Experts weigh in on historic moment

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Experts contribute their opinions to predict and decipher what will happen after the Bitcoin halving next month. As the 2024 Bitcoin halving approaches, crypto.news asked Kurt Wuckert Jr., Chief Bitcoin Historian at CoinGeek, and Joshua Petty, CEO of Ordinals Wallet, what they believe will occur post-halving. How does the Bitcoin halving event affect the Ordinals market? Wuckert Jr.: It doesn’t. In fact, Ordinals volume, value, and trading are completely separated from the halving, and makes any chain with an Ordinals market fundamentally stronger because it brings commerce onto the chain…

Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent Thursday, blockchain surveillance and safety squads from Peckshield and Cyvers reported the […] Source CryptoX Portal

Dogecoin Soars 17% To Break $0.21 As Volume Explodes

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Dogecoin has jumped 17% in the past 24 hours to break past the $0.21 barrier as on-chain data shows a significant increase in volume for the memecoin. Dogecoin Beats Market With 17% Rally In The Last Day Most of the top cryptocurrencies have seen flat returns in the last 24 hours, but Dogecoin has gone its own way as the original meme coin has enjoyed a strong rally. The below chart shows what the asset’s performance has looked like during the last few days: The price of the coin appears…

Dogecoin (DOGE) Surges to $0.21, Bullish Bets Rise to $2B on Twitter Payments Speculation

“Dear #Dogecoin, with X’s new payment branch being awarded more licenses in the U.S., many are speculating about the implementation of crypto payments in the platform,” Dogecoin developer @@mishaboar said in an X post Thursday. “Early this month, Elon said X is very close to landing a money transmitter license in California. Getting the license in NY will still take a few months,” he added. Source

Bitcoin mining difficulty drops following historical maximum

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As a result of the next recalculation, the difficulty of Bitcoin mining decreased by 0.97%, with an indicator of 83.13 T. The average hashrate for the period since the previous value change was 599.71 EH/s. The range between blocks is 10 minutes and 7 seconds. Mining difficulty determines the required total hardware capacity for mining Bitcoin (BTC). An increase in this indicator brings the halving date of the first cryptocurrency closer. Under certain conditions, it may occur in April 2024. Source: Btc.com According to Glassnode, the seven-day moving average peaked…