Bitcoin Technical Analysis: Oscillators and Averages Signal Strong Upward Momentum

Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $67,785 and $71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $1.4 trillion, with a notable 24-hour trading volume of $48.50 billion. Bitcoin Our … Read more

LBank Labs and BlockNews Host Web3 Summit Dubai 2024 with DIFC and DMCC as Official Partners

The highly anticipated “Web3 Summit Dubai 2024” is scheduled to take place on April 16th-17th, 2024, at the prestigious Atlantis, The Palm hotel in Dubai. This summit marks a significant milestone in the realms of cryptocurrency and financial technology, promising a profound exploration of the future of technology and collaborative industry efforts. Situated on the … Read more

Central Bank of the Philippines to Complete Wholesale CBDC Pilot This Year, Hints at Securities Focused Use Case

The Central Bank of the Philippines revealed that it aims to conclude the ongoing wholesale CBDC pilot, Project Agila, later this year. The pilot, which currently includes the participation of six local financial institutions, might be the gate for democratizing access to securities according to Deputy Governor for Payments and Currency Management Sector Mamerto Tangonan. … Read more

Bitcoin Pushes Past $71,000 to Make a New All-Time High

Bitcoin’s price has reached a new all-time high, surpassing the $71,000 mark with the rally still in progress. Over a period of six days, the world’s leading cryptocurrency has seen a more than 40% increase in value, bringing it close to surpassing the $72,000 threshold. The milestone comes approximately 39 days before the anticipated Bitcoin … Read more

Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase

Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance of AI-related tokens can be attributed to AI headline … Read more

PORTAL Surges Over 15% Today Amidst Market Activity

The cryptocurrency $PORTAL has witnessed a significant surge of over 15% in its value today, marking a notable uptrend in its market performance.  Earlier in the day, the market-making address associated with PORTAL, identified as 0x75b…7bB1A, deposited a substantial sum of 2.2 million tokens into Binance and Bybit, amounting to a total value of $4.932 … Read more

CyberConnect (CYBER) Witnesses 20% Price Surge Following Layer 2 Solution Announcement

CyberConnect (CYBER) experienced a remarkable price surge of over 20% yesterday, capturing the attention of both traders and investors within the cryptocurrency market. The surge in CYBER’s value was attributed to the team’s announcement of the release of “Cyber,” a groundbreaking Layer 2 (L2) solution tailored specifically for the social domain. This innovative solution, unveiled … Read more

‘Wolf of All Streets’ Sees Start of Major Bull Run for Bitcoin and Broader Crypto Market — Warns of a ‘Huge Bubble’

Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental value will also skyrocket before it inevitably pops,” he warned, adding that … Read more

US Court of Appeals Reverses Lower Court’s Ruling in Favor of Binance

The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S. securities law. ‘Impermissible Extraterritorial Application’ of Securities Law The U.S. Court of Appeals has revived a … Read more

Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days

The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $54 Billion Milestone In … Read more