Binance Coin is making significant strides following the recent SEC decision on the Bitcoin ETF, edging closer to its all-time high. Concurrently, savvy investors in Monero and Hedera are rushing to participate in the presale of the emerging crypto project InQubeta. Let’s delve deeper into these developments. BNB Soars Towards All-Time High Binance Coin is witnessing a meteoric rise, with…
Month: March 2024
El Salvador Intensifies Its Bitcoin Commitment
El Salvador is leading the way for other nations to follow, with President Nayib Bukele announcing plans to purchase one bitcoin daily until it becomes unaffordable with fiat currencies. This initiative has boosted the country’s bitcoin holdings to a substantial 5,690 BTC, valued at approximately $400 million. In addition to its cryptocurrency efforts, El Salvador has made a significant statement…
Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares
On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s […] Source: https://news.bitcoin.com/ark-invest-shifts-portfolio-swaps-coinbase-and-robinhood-for-newly-ipod-reddit-shares/
Fantom Leaps 14% Ahead of Sonic Upgrade as Bitcoin, Ethereum Struggle
It would seem Fantom (FTM) hodlers have mastered the Zen mindset and don’t want to know about corrections, market FUD, or any of the scary news filling today’s market analysis. Launched in 2018, Fantom is a Layer 1 meant to compete with Ethereum. It uses a single consensus layer, called Lachesis Protocol, to support the creation of multiple execution chains.…
Revolutionizing Real Estate: Bixos Estate Unleashes Tokenization with UBXS Token, Sparking Rapid Sellout
PRESS RELEASE. RWA, which has recently caught a high hype among blockchain projects, seems to be a strong trend in the upcoming bull season. Bixos Estate offers a revolutionary innovation in the real estate industry using blockchain technology. The UBXS token pioneered by the company is a groundbreaking step in the tokenization of real estate […] Source: https://news.bitcoin.com/revolutionizing-real-estate-bixos-estate-unleashes-tokenization-with-ubxs-token-sparking-rapid-sellout/
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed a 12% increase, and aptos (APT) rose […] Source: https://news.bitcoin.com/crypto-economy-dips-by-4-38-amidst-mixed-fortunes-for-top-coins/
Bitcoin Technical Analysis: Oscillators Neutral, Moving Averages Split on Future Direction
Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving averages, bitcoin traders are navigating through a volatile environment. Bitcoin Oscillators, quintessential for identifying market momentum and potential reversal points, present […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-oscillators-neutral-moving-averages-split-on-future-direction/
Terra Co-Founder Do Kwon’s Extradition to South Korea Is in Limbo
Another week, another twist in the extradition saga for Terraform Labs co-founder Do Kwon. An appellate court in Montenegro has annulled a previous decision for his extradition, citing “significant violations of the provisions of criminal procedure” due to unclear reasoning in the decision, according to a translated version of a press release published on Thursday. This decision comes just a…
Bonded Staking for DYM, SEI and TRX starts now
March 22, 2024 | Staking We’re thrilled to announce the support for bonded on-chain staking strategies for DYM, SEI and TRX starts now in most regions! How can I start staking? Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Clients can now stake crypto assets and earn up to 18% in…
Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases have risen to their highest number in 20 months as Argentines seek better alternatives than the dollar, whose value has been […] Source: https://news.bitcoin.com/argentina-greenback-love-is-being-substituted-by-a-bitcoin-rush/