Cryptocurrency Analysis and News Portal
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish sentiment, which now sees bitcoin trading under $20,000. With over
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The unemployment rate fell/rose/held steady to 3.X% .... Source
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The Bored Ape parent company will allow up to 10,000 holders of its Otherdeed NFTs to participate in the second gamified test of its Otherside metaverse platform. Original Source
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In this week’s newsletter, read about how Yuga Labs’ first Bitcoin-based nonfungible tokens (NFTs) earned $16.5 million in 24 hours, and how the Bitcoin NFT market can reach $4.5 billion by 2025. Check out how Binance’s artificial intelligence NFT generator got 10,000 mints 2.5 hours after its launch, and find
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Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing the cost of capital, the Fed boosts the profitability of fixed-income instruments, but this is detrimental to
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Mt. Gox creditors who suffered losses must register their information in an online rehabilitation claim filing system and choose a repayment plan. Creditors from Mt. Gox have been told that they have until Friday, March 10 to register and indicate their preferred repayment method. The announcement, which was shared by Mt.
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Creditors from Mt. Gox have until the end of the week to register and select a repayment method as part of the plan by which they will be compensated for their losses with the defunct crypto exchange.In a March 7 announcement, Mt. Gox trustee Nobuaki Kobayashi reiterated a January notice
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The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices,
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Delay in Silvergate’s financials sparks fears over bankruptcy, FTX reports
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ConsenSys, a top software firm working on the Ethereum blockchain, is rolling out a zero-knowledge Ethereum Virtual Machine (zkEVM) public testnet on March 28, intensifying the race among top crypto firms to be first to go fully live with the fast-emerging technology. Source
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