Bitcoin (BTC), the world’s largest cryptocurrency, maintains its market strength, firmly holding above the $72,000 mark. Investor sentiment remains robust as the Bitcoin price continues its ascent to new highs. Bitcoin Daily Inflows Highest Since 2021 According to Bitcoin analyst Willy Woo, daily capital inflows stored by the Bitcoin network have reached $2 billion per […]
ETH Price Set for $5000 After Ethereum Dencun Upgrade: Derivatives Data
Ethereum’s much-awaited Dencun upgrade is ready to be deployed on the Ethereum mainnet at epoch 269568, after successfully activating the Dencun network upgrade on all testnets. The Dencum upgrade is estimated to happen at around 2 pm UTC, as per the Ethereum Foundation. The sentiment surrounding the Dencun hard fork has caused ETH price to […]
Cerebras Systems Announces Launch of WSE-3 AI Chip
Cerebras Systems has introduced the Wafer Scale Engine 3 (WSE-3), marking a significant milestone in developing chips designed for generative artificial intelligence (AI). The announcement, made on March 13, 2024, positions the WSE-3 as the world’s largest semiconductor, aimed at advancing the capabilities of large language models with tens of trillions of parameters. This development […]
Meme Coin Rise Historical Data Reignites Fears of Crypto Bubble Burst
Meme coins are currently seeing an upward trajectory as the entire crypto market embarks on a bull run. However, Bloomberg highlights that the current level at which meme coins are pacing was similar to that of the crypto bubble that burst two years ago. The market is anyways cautioned for a possible correction. However, a […]
Finder Wallet Ruling Is Landmark Victory for Crypto Market, Here’s Why
In a significant legal development, the Australian Federal Court has ruled in favor of Finder Wallet, a subsidiary of Finder.com, dismissing a lawsuit brought against it by the Australian Securities and Investments Commission (ASIC). Justice Brigitte Markovic delivered the verdict, affirming Finder Wallet’s compliance with financial laws. The court’s decision represents a substantial victory for […]
Aevo Price: Reasons Why AEVO Price is Rising
Aevo, a decentralized exchange built on Ethereum, is trending in the market, where its native token has surged 6% in just a day. The token price has fluctuated a lot in the past few days. So, what is happening with AEVO? Why is it rising? Let’s discuss that in this blog. AEVO Price Analysis AEVO […]
Tron Founder Justin Sun Fuels Ether Fi with Massive $480M ETH Deposit
A wallet that is attributed to Justin Sun, the founder of Tron, deposited a deposit of 120,000 Ethereum (ETH), which is worth around $480 million, into the liquid restaking protocol Ether Fi. This deal constitutes a major occurrence for both Justin Sun and the Ether Fi platform, thus solidifying Sun’s involvement in the decentralized finance […]
Shiba Inu Community Burns 25 Mln Coins, What’s Next For SHIB?
In what comes as a remarkable event witnessed within Shiba Inu’s ecosystem today, March 15, the Shiba crypto community’s colossal transfer to a dead wallet, propelling the SHIB burn upsurge, appears to be gaining noteworthy traction across the global crypto realm. Amid this remarkable upswing witnessed in the burn rate, SHIB’s considerable fall noted today, […]
Digital Chamber CEO Advocates Bitcoin As “Inflation Proof” Amid Hot CPI & PPI
The CEO of Chamber of Digital Commerce, Perianne Boring, has passionately advocated Bitcoin (BTC) as a hedge against inflationary pressures. Boring’s stance comes in the wake of the latest data releases from the U.S. Bureau of Labor Statistics, which revealed a surge in both Consumer Price Index (CPI) and Producer Price Index (PPI) figures for […]
Solana Price: Will SOL Price Hit $200 Soon?
The current state of the crypto market is experiencing a decline. Bitcoin price has plummeted and is now trading below $70,000. This downward trend has also affected other altcoins, such as Ethereum (ETH), which has seen a decrease of approximately 7% and is now trading below $4,000. In comparison to Cardano, XRP, Dogecoin, and Shiba […]