Briefly Riccardo Spagni, the founder of Monero, has denied being an Interpol informant. James Edwards, a crypto influencer, stated in a Twitter thread that Spagni made it clear that he was an Interpol informant. Before being captured in the United States in 2021, “Fluffypony” was trying to avoid fraud charges in South Africa. Riccardo Spagni,…
Read more
Briefly data from the Federal Reserve showed that between March 8 and March 15, banks’ deposits fell significantly. Small US banks’ borrowing rates reached their highest levels during the same time frame. In the meantime, Bitcoin has gained 35% in the past two weeks. Between March 8 and March 15, fears of a banking collapse…
Read more
Briefly Polygon’s price has decreased by 11% in the past seven days. The growth of the network has slowed for three months in a row. MATIC could fall to $1 under the current crypto market conditions. Throughout the downturn in the crypto market, Polygon’s native token has performed poorly. Given the lack of retail interest,…
Read more
Briefly Custodia’s bank application was rejected by the Federal Reserve. Custodia argued that its model stops the kind of bank run that has plagued the banking sector recently. The bank also asserted that the Fed’s statement demonstrated its general antipathy toward digital assets. The Central bank (Took care of) has come out all firearms bursting…
Read more
Briefly the Nansen dashboard indicates that almost 1 billion Arbitrum tokens have been claimed. A fake link was posted on the project’s discord channel. On Uniswap, over $24,000 in trading volume was generated by a fictitious ARB token. On March 23, the Ethereum layer2 scaling solution Arbitrum successfully distributed its tokens to users. Since then,…
Read more
Briefly the price of Solana (SOL) broke through a descending resistance line. It is confronting opposition at $22.90. It’s possible that Solana (SOL) completed an A-B-C correction. The price of Solana (SOL) is attempting to confirm its bullish reversal by breaking out of the $26 area of resistance. After the Bonk meme coin emerged, interest…
Read more
Riley made a mistake and accidentally sent the asset to a burn address while wrapping NFTs, removing the NFT from circulation for good. A nonfungible token (NFT) from the CryptoPunks assortment worth 77 Ether was shipped off a consume address to be forever obliterated. The collector, on the other hand, just wanted to borrow some…
Read more
Briefly following a 50% retracement a few weeks ago, AGIX has returned to the $0.50 area. Smart whales have entered a new wave of accumulation. The SingularityNET ecosystem’s social sentiment indicates a regional low. After rebounding above $0.50, AGIX has maintained hopes of a sustained bull rally. Is it time to buy the dip now…
Read more
To summarize Yuga Labs has purchased approximately two-thirds of all metaverse land since the beginning of 2023. From the $300 million in metaverse sales this year, the collection has made approximately $200 million thus far. Particularly, as younger customers place a higher value on digital worlds than the real world, fashion houses are pushing their…
Read more
Balaji Srinivasan predicts Bitcoin will reach $1 million, but this raises questions about market implications. BTC’s growth potential may be impacted by liquidity, infrastructure, and regulatory challenges. The effects on central banks, governments, and traditional financial institutions would be significant. The valuation of Bitcoin (BTC) has sparked a lot of speculation and discussion as its…
Read more
