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Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries has expanded by more than $20 billion across a period … Read more
On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit. Bitcoin’s Swift Comeback For the first time since March 14, 2024, bitcoin … Read more
Bitcoin and ethereum have recaptured some of their losses from the previous week, but a group of crypto assets have seen their values climb by double digits in the last seven days. About nine cryptocurrencies experienced increases of 20% or more, with ondo (ONDO) leading the charge with a 94% leap this week. The Week’s … Read more
Ethereum presents a mixed bag of signals as of March 25, 2024. Amid fluctuating trading volumes and a contested market direction, ether’s price settled at $3,487 after experiencing an intraday range of $3,335 to $3,503. With a market capitalization of $415 billion and a 24-hour trading volume of $14.14 billion, traders alike are keenly observing … Read more
Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin A close examination of bitcoin’s (BTC) oscillators suggests a predominantly neutral to bullish sentiment among traders. The relative strength index … Read more
Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase out support entirely, aligning with efforts to maintain USDC’s trust, transparency, and safety. Binance users … Read more
Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep price swings. The CEO however concedes that many retail investors have not engaged in hedging because such tools have … Read more
Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living people.” Anthony Scaramucci’s Bitcoin Investing Advice Skybridge Capital founder Anthony Scaramucci offered some … Read more
Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist … Read more
Erroneous early reporting and discussions on X about the European Union’s approach to cryptocurrency anonymity have been clarified by industry expert Patrick Hansen, stating that the EU’s Anti Money Laundering Regulation (AMLR) targets broader anti-money laundering (AML) and counter-terrorism financing (CFT) efforts across various sectors, including crypto, without singling out cryptocurrencies for special regulation. Contrary … Read more