Month: March 2024

Crypto Pundit Says God Candle Is Imminent For This Solana-Based Meme Coin

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The crypto analyst who correctly called Dogwifhat’s (WIF) parabolic run has identified another Solana-based meme coin that could see a significant move to the upside. The analyst further suggested that WIF and this crypto token have striking similarities.  A ‘God Candle’ Incoming For Myro Meme Coin Crypto analyst Bluntz Capital mentioned in an X (formerly Twitter) post that it won’t be long before the Myro (MYRO) token sees a god candle. The analyst added that everyone would wish they had bought the meme coin when it finally breaks its current…

Blockchains Will Upend Economies of Scale

Traditionally, those numbers have been big, and the bigger the required scale of investment, the harder it is for firms to enter and stay competitive. Some industries are still headed in the direction of ever bigger investments and capacity required to achieve scale. Today, building a new state-of-the-art semiconductor facility is so expensive – estimated at up to $30 billion – that only a few companies are left in the business where there were once dozens. Source

Will Ethereum And Solana Bulls Surpass Expectations?

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After a six-week run, altcoins are cooling off, leading some to fear the worst. However, in a post on X, one crypto analyst urges calm, saying the dip is a normal part of any bull market and may even present opportunities for discerning traders and investors. Altcoins bullish wave | Source: Analyst via X Altcoins Drop, Follow Bitcoin After posting solid gains and rallying to as high as $73,800 on March 13, Bitcoin edged lower on March 14 and continues under pressure when writing. Considering the positive correlation between Bitcoin and…

Bitcoin, Ether drop puts crypto market on alert

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According to one options agency, declines in Bitcoin, Ethereum, and the total crypto market cap sparked short-term skepticism among traders.   QCP Capital released a March 15 update pointing to volatility concerns in cryptocurrency markets as Bitcoin (BTC), the leading token, dropped below $66,000 for the first time in nearly two weeks. BTC was down over 5% in the last 24 hours and dipped to $65,565 during trading hours. Ethereum (ETH) also retraced more than 5% to around $3,566 before recovering slightly at press time. The total crypto market fell to $2.6…

Bitcoin Suffers Crash To $65,000 As Spot ETF Inflows Wane

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Bitcoin is closing out the week on a rather bearish note after suffering a massive crash in the early hours of Friday. The crash pushed the price below $66,000, drawing the rest of the crypto market down with it in the process. The reason for this crash could be traced back to what started the bull run in the first place – Spot Bitcoin ETFs. Spot Bitcoin ETF Net Flows Suffer After a long strength of what seemed to be only inflows for Spot Bitcoin ETFs across the space, institutions…

Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site

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The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining […] Original

DeeStream presale ignites Ethereum and Bitcoin markets

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. March is marked by a significant surge in interest as Ethereum (ETH) and Bitcoin (BTC) investors eye potential returns, focusing on the DeeStream (DST) presale amidst a lively month for the cryptocurrency market. Ethereum over $4,000 is underpinned by dynamics in the derivatives market and an upcoming Dencun upgrade promising a range of cost-cutting measures. Bitcoin targets…