Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining

The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward...

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Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE

This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack...

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Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review

A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark...

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Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design

Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the...

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Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation

This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past...

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Vintage Bitcoin Vaults Awaken — Over $41M in BTC Moves After 11.7 Years of Slumber

On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height...

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Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce

This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not exhibited the same level of brilliance, with its value standing at $24.97 per troy ounce,...

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Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading

On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from...

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‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros

According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture...

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Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit

The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director...

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Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil:...

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Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade

The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently,...

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Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion

Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to...

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House of Streams Presents First-Ever Live Interactive Reality Show With Bitcoin Prize, Global Streamers, and Live Fan Engagement Set to Redefine Reality TV

PRESS RELEASE. MALTA – March 28th, 2024 – At the forefront of entertainment innovation, Stream House Media Productions™, at https://www.shrimp.co/, announces the release date for its reality docuseries, slated to premiere...

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Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals

After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since...

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Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month

On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring...

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GDA Capital (GDA) Ventures Into the Future of Influencer Marketing, Backs Chirpley as a Key Venture Capital Partner with International Distribution Support

PRESS RELEASE. Toronto, March 27th — GDA Capital, a prominent player in the digital innovation landscape, proudly announces its strategic move into the realm of influencer marketing by becoming a strategic backer for Chirpley,...

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Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu

According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media....

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Bitdeer to Boost BTC Mining Capacity With Proprietary Sealminer A1 Rigs, Eyeing 46 EH/S Milestone by 2025

The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional 3.4 exahash per second (EH/s) through the deployment of its proprietary Sealminer...

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Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations

This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology...

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Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining

The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and...

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Vave Launches Exclusive $150,000 Porsche Tournament

PRESS RELEASE. Vave, the premier crypto gambling platform, is set to ignite the gaming scene this spring. With its exciting Porsche Tournament, the company offers players the chance to win big, including the ultimate prize...

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Bitcoin Technical Analysis: Bulls Regain Strength and Rise Toward Upper Resistance Levels

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....

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Zano Blockchain’s Hard Fork Facilitates Privacy Coin Creation, Introduces Confidential Assets

The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet their specific needs. These custom tokenized assets or confidential assets,...

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Binance to Halt Tron USDC Trading Following Circle’s Move Away

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...

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Layer 1 Blockchain Mantra Secures $11 Million from Latest Investment Funding Round

Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the...

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Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash

In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco...

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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash...

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El Salvador Keeps Buying BTC, Top BTC Mining Rigs, Blackrock’s New ‘BUIDL’ Fund, and More — Week in Review

El Salvador continues its daily bitcoin purchases, aiming to keep buying until the cryptocurrency becomes too expensive. The top 10 bitcoin mining rigs of 2024 show significant profit margins due to recent value increases....

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EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for the “prevention of the...

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9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone

In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new...

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NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat

This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop,...

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From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Since...

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UK Court Convicts Woman Found With More Than $4.3 Billion in BTC

A London resident reportedly caught with bitcoins worth over $4.3 billion has been convicted for entering into a money laundering arrangement. The woman specialized in converting digital assets into physical assets, such...

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Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins

As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while...

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Bitcoin Technical Analysis: Oscillators Neutral, Moving Averages Split on Future Direction

Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving...

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Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush

The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate...

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SLERF and LBank Complete First Refund of 3,800 SOL to Presale Supporters

PRESS RELEASE. In a significant move demonstrating the power of Presale support and blockchain transparency, SLERF, in collaboration with LBank, has successfully issued a refund totaling 3,800 SOL to its early, small-scale...

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Bitcoin Price Pumps After Hitting Key Support While Green Bitcoin Presale Passes $7M

Bitcoin (BTC) has staged a sharp recovery rally after finding crucial support, providing relief for crypto bulls. The world’s largest cryptocurrency is back above $67,000 at the time of writing, regaining ground after the...

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Avalanche to Launch Web3 Voucher Program on Alipay

The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more...

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Bitcoin Technical Analysis: Bearish Signals Amid Market Turbulence Put Traders on High Alert

Bitcoin, with its intraday low and high at $60,760 and $66,382 respectively, and currently trading above the $63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist in the lead-up...

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Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round

Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portion of the funds will be allocated to cover costs associated with the trial...

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Understanding the Differences Between a Bitcoin ETF and a Bitcoin IRA – Chris Kline

BitcoinIRA is on a mission to help Americans retire. In 2016, the founders had a vision that changed the American retirement landscape forever. BitcoinIRA brought the first cryptocurrency IRA to the world and has been the...

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Particle Network Releases Modular Layer 1 for Chain Abstraction and Universal Accounts

Particle Network has introduced its modular Layer 1 solution for chain abstraction and universal accounts, aimed at simplifying user interactions across multiple blockchains. The design of this modular Layer 1 makes it an...

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Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale

On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the...

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Crypto Entities That Neglect AI and Machine Learning Investment Will Lag Behind, Warns Binance CTO

Rohit Wad, the chief technology officer (CTO) of Binance said his platform has increased its compliance budget in recent years to ensure it achieves the “highest regulatory compliance standard.” According to Wad, Binance...

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Hong Kong Launches Second Phase of Its CBDC Pilot Program

The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases...

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Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity

As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency...

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Ethereum Technical Analysis: Oscillators and Averages Signal a Tense Equilibrium

Ethereum’s journey through financial markets on March 18, 2024, showcases a complex landscape marked by its recent price movements and technical indicators. Amidst a volatile environment, ether is priced at $3,578 per unit,...

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Bitcoin Technical Analysis: BTC Navigates Volatile Waves of Change

As bitcoin flirts with the boundaries of its recent trading range, its price oscillation reflects a vibrant yet undecided market, standing at a pivotal $68,259 per unit, after testing waters between $64,522 and $68,902 within...

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