The crypto market is witnessing a remarkable rally once again. While meme coins like DOGE, SHIB, PEPE, and BONK have been stealing the spotlight with their massive price pumps, Bitcoin has also put on an impressive performance, surging 5% today and breaking through the crucial $65,000 area ahead of the highly anticipated Bitcoin halving event […] Original
Coinbase users around the globe reported $0 crypto balances once again as Bitcoin rallied over $67,000 for the first time in over two years. As Bitcoin (BTC) set a 28-month high on Mar. 4, crypto exchange Coinbase suffered its second outage amid euphoria in the cryptocurrency market in less than a week. The crypto fear and greed index sat at 82, indicating strong interest from users and traders. Crypto fear and greed index | Source: alternative.me During the first Coinbase outage of the year on Feb. 28, CEO Brian Armstrong…
In comments likely to resonate with crypto fans, Hayden Adams, the founder of Uniswap, a leading decentralized exchange (DEX), predicts that network fees will eventually become a background expense for users, much like server costs are today for top centralized applications running on Amazon Web Service and other platforms. Gas Fees Is A Major Pain Point, Mass Migration To Solana, Layer-2 Platforms Taking to X, Adams envisioned a future where decentralized applications (dapps) seamlessly cover network fees on behalf of users. This approach, the inventor adds, aligns with how server costs are…
Last week, bitcoin-focused exchange-traded products as a group attracted “massive inflows” of $1.73 billion, their second largest week on record, asset manager CoinShares reported Monday. ETH focused funds were also in demand, recording $85 million in net inflows, the report added. Source
What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now. Source
PRESS RELEASE. Geneva, Switzerland, March 4, 2024 – The TRON DAO team attended ETH Denver, one of the leading events in the blockchain space. In conjunction with this, the TRON Builder Tour (TBT) ETH Denver event unfolded, drawing enthusiasts into the dynamic world of the TRON ecosystem with an event packed with insights, networking, and […] Source CryptoX Portal
The Cardano network is showing bullish signs, which suggest that a price surge might be on the horizon for the ADA token. Based on price predictions made by some crypto analysts, the crypto token could rise to as high as $10 when this happens. Cardano Network Is Healthy Crypto analyst Ali Martinez highlighted in an X (formerly Twitter) post that the Cardano network appears healthy. This is based on several metrics in which the network continues to experience significant growth. This includes the notable rise in daily active ADA addresses,…
On-chain data shows Shiba Inu (SHIB) and other memecoins in the sector have observed a sharp boost in their volumes alongside their rallies. These Memecoins Have Enjoyed 3,000% Average Volume Increase According to data from the on-chain analytics firm Santiment, the trading volume of the memecoins has shot up recently. The “trading volume” here refers to the total amount of a given cryptocurrency involved in trading activities on the various spot exchanges in the sector. When the value of this metric is high, it means that the asset in question…
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $34.32 billion, only to soar to $61.59 billion today. From Dogecoin to Shiba Inu: […] Source CryptoX Portal
Bitcoin has seen a significant increase, with prices hitting $67,000 before the halving next month. Bitcoin’s market capitalization has set a new record, reaching $1.32 trillion, surpassing its previous peak in November 2021 of approximately $1.3 trillion. Since the beginning of the year, Bitcoin’s total market capitalization has witnessed an increase of more than 135% The lowest market cap Bitcoin (BTC) has had was around $297.3 billion in November 2022. This calculation comes from the current circulation of 19,644,550 bitcoins, as reported by CoinMarketCap. 24-hour chart of BTC from CoinMarketCap…