In Brief Solana’s new BOME token surges 20x in 3 hours after Darkfarms’ presale to reach a market capitalization of over $80 million. The pre-sale exceeded expectations, drawing in 10,131 SOL instead of the expected 500 to 600, mostly from Sino-British traders. The Book of Meme features a meme creation tool and a comprehensive meme…
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In Brief FTX founder Sam Bankman-Fried faces a potential 50-year sentence for orchestrating a major financial fraud. Convicted for defrauding investors and causing the collapse of FTX, his actions are described as driven by greed. The case highlights the need for stricter regulation in the crypto industry and serves as a cautionary tale. Convicted in…
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Mow’s bullish stance on Bitcoin’s future comes at a time when the crypto market is witnessing an unprecedented level of interest from institutional investors. Jan3 CEO Samson Mow said Bitcoin is on track to hit $1 million per coin this year or the next based on market conditions, the upcoming halving, and broader economic factors. Mow made the statement…
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TRON and Amazon Web Services join forces to democratize blockchain development with easy Full Node deployment. Geneva, Switzerland, March 18, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless…
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The Dencun upgrade is expected to have a significant impact on Ethereum’s ecosystem, with an anticipated reduction in layer2 network fees. The imminent launch of the Ethereum Dencun upgrade at 14.00 UTC today, March 13, has sparked a notable surge in the prices of native tokens for layer-2 protocols, including Arbitrum, Polygon, and Optimism. According to CryptoSlate’s data,…
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Bitcoin’s surge past $72,000 pushed 99.76% of entities and 99.74% of addresses into profit — the highest level ever recorded. In the ever-fluctuating world of Bitcoin, deciphering market sentiment is akin to reading tea leaves. Yet, advanced on-chain metrics offer a clearer vision, particularly the percentage of addresses and entities in profit—a harbinger of market…
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President Nayib Bukele outlined El Salvador’s lucrative journey within the Bitcoin ecosystem. Nayyib Bukele, the President of El Salvador, revealed that the Central American nation generates multiple Bitcoin revenues from various channels alongside its BTC holdings. In a Mar 11. post on social media platform X (formerly Twitter), the president outlined four additional sources of Bitcoin revenue for the…
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In Brief TON Daily Trading Volume reached new all-time highs, surpassing $314 million. TON EMA lines are still drawing a bullish trend and possible price increases despite the recent surge. The percentage of profitable holders is now at 95%, the biggest value since 2021, which could imply a selling pressure ahead. TON’s daily trading volume…
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Retail traders would not be able to trade these investment products. The London Stock Exchange intends to potentially list Bitcoin and Ethereum exchange-traded notes (ETNs) by the second quarter of this year, as revealed in a Mar. 11 market notice. This followed the UK’s Financial Conduct Authority (FCA) approval for Recognised Investment Exchanges (RIEs) to establish a listed market segment dedicated to…
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Industry experts believe the odds of an Ethereum ETF securing approval in May have fallen significantly due to a lack of activity among relevant parties. In a recent shift of perspective, Bloomberg analysts have significantly lowered the forecast for the approval of a spot Ethereum exchange-traded fund (ETF) by May — setting the probability at a mere…
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