Fetch.AI (FET) has demonstrated remarkable performance in the crypto market today, securing its position among the top-three performers. The asset witnessed an impressive 17% gain within the last 24 hours, marking a significant milestone by crossing the $2 threshold for the first time ever. This surge, propelling Fetch.AI to the 64th place among the top cryptocurrencies by market cap, is a testament to the growing investor confidence and market optimism surrounding its technological advancements and future potential. Why Is Fetch.AI Price Up Today? This surge in FET’s price can be…
Month: March 2024
European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore
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…
Can DOGE Avoid A Dive? Sell Pressure Puts It To The Test
Dogecoin (DOGE) has solidified its position as the eighth-largest cryptocurrency by market capitalization, leaving industry observers amused and sparking humor from Cardano’s founder, Charles Hoskinson. The memecoin experienced a substantial upswing, propelling its market cap to approximately $28 billion, surpassing Cardano’s $27 billion valuation. Related Reading: Bitcoin On The Brink, Price Soars Above $68,000 – Will BTC Break Its 2021 Record? DOGE Market Dynamics And Technical Indicators At the time of writing, Dogecoin was trading at $0.16, reflecting a remarkable 103% surge in the past seven days. This increase catapulted…
Bitcoin Rebounds as $150K Target for 2024 Comes in View
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…
Mega Whale Resurfaces: 1,000 Vintage Bitcoins From 2010 Moved as BTC Peaked at $69,210
On March 1, 2024, an infamous and vast bitcoin mega whale moved 2,000 vintage bitcoins from 2010 and now, four days later, on March 5—the day bitcoin hit its peak value of $69,210 per coin—the same entity transferred another 1,000 bitcoins from 2010. 2010 Bitcoin Whale Moves Millions as Prices Peak This prominent whale, known […] Source CryptoX Portal
Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February
Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290 million four days after being attacked. Fixedfloat, a cryptocurrency exchange, also lost […] Source
Binance.US Cut Two-Thirds of Its Workforce as Revenue Plunged After SEC Lawsuit: Court Transcript
“In the immediate aftermath of the TRO, we saw somewhere in the neighborhood of $1 billion of assets flee the platform, crypto, and fiat,” Christopher Blodgett, a Binance.US executive, said during a December 2023 deposition that was recently published as part of a status update on the SEC-Binance lawsuit. Source
Crypto Funding Rates Reset After Bitcoin’s Sharp Pullback From $69K
Exchanges use the funding rate mechanism to keep perpetuals prices aligned with spot prices. A positive funding rate indicates that perpetuals are trading at a premium to the spot price, indicating increased demand for bullish bets. As such, a high funding rate, as seen early this week, is said to reflect over-optimism, often observed at interim market tops. Original
Doge, SHIB surge amid BTC peak; Scotty AI presale nets $2.3M
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin and Shiba Inu skyrocket, while AI token Scotty exceeds $2.3M in presale. The meme coin market continues to take center stage as top dogs Dogecoin and Shiba Inu soar 100% and 281% this week, respectively. However, new tokens are eagerly following behind, with dog-themed Scotty the AI exceeding $2.3 million in its presale. Can this be the next meme coin to explode? Top meme coins take flight as…
Dips Turn Attractive In Near Term As Bulls Lose Control
XRP price started a downside correction from the $0.6700 resistance. The bulls are now active above $0.5400 and might aim for a fresh increase. XRP started a fresh increase above the $0.600 resistance level. The price is now trading above $0.550 and the 100 simple moving average (4 hours). There was a break below a key rising channel with support at $0.610 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh rally if there is a close above the $0.60 resistance…