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,…
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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…
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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,…
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As the weekend approaches and investor concerns about Deutsche Bank emerge, Bitcoin and other altcoins may see profit-taking and risk-off positioning. Yet again european securities exchanges fell on Walk 24 on restored fears that the financial emergency could show up to wreak havoc. On March 23, Deutsche Bank’s credit default swaps, which provide buyer protection…
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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…
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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…
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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…
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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…
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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…
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Users of Telegram can now send each other the stablecoin for Tether. The messaging app informed its users on Wednesday that the wallet feature now supports USDT-TRON, also known as TRC20. With a market cap of $78 billion, USDT is the third-largest cryptocurrency after Bitcoin and Ethereum. It is also a stablecoin, which means that…
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