We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
On March 11, Israel’s Central Bank announced its intentions to introduce an interest-bearing Central Bank Digital Currency (CBDC) named the “digital shekel.” The Bank of Israel (BoI) detailed this initiative in a recent document, outlining essential aspects including wallet provisions and bank payment services. Israel is gearing up for the introduction of the “digital Israeli…
in brief Jamie Dimon maintains skepticism regarding Bitcoin, even as its price soars to $72,000. He critiques Bitcoin’s volatility and its connection with illicit activities. However, Dimon acknowledges people’s right to purchase Bitcoin. Dimon’s perspective mirrors a wider skepticism among financial figures regarding the fundamental value of cryptocurrencies. In the realm of cryptocurrency, the atmosphere…
summary Bored Ape Yacht Club (BAYC) NFTs, once highly sought-after on Ethereum’s NFT market, are now experiencing value declines. The current floor price for BAYC is approximately 13 ETH or $51,000, marking a significant drop from its previous levels. BAYC’s current value is 91.3% lower than its all-time high floor price of 153.7 ETH, recorded…
During an interview on March 11, FOX Business analyst Eleanor Terrett highlighted the growing influence of the cryptocurrency sector as the 2024 U.S. elections approach. Terrett pointed out the escalating prominence of crypto advocacy groups such as Coinbase’s “Stand With Crypto Alliance,” which has amassed a membership exceeding 310,000 individuals. Speaking with Tony Edward of…
Outline Bitcoin Dogs ($0DOG) is on the cusp of a transformative phase as it gears up for listing on exchanges, marking a pivotal moment in its journey. With just three days remaining in its frenzied presale period, the project has achieved a staggering milestone, amassing over $10 million in funds raised. This impressive feat, accomplished…
Cryptocurrency traders are currently experiencing heightened anticipation as they closely monitor the movements of Ripple’s XRP, poised on the brink of a potentially monumental event: the emergence of a “golden cross.” This term, revered among technical analysts, signifies a bullish turning point in price trends, typically heralded by the crossing of a short-term moving average…
Amidst a backdrop of recent challenges, a sense of optimism envelops the Cardano (ADA) ecosystem. Despite encountering a modest 5% decline in value over the preceding week, ADA remains steadfast, exuding a positive outlook. At its current valuation of $0.75, ADA stands as a beacon of resilience in the cryptocurrency market. The coin’s robust stance…
Shiba Inu (SHIB), the popular cryptocurrency, finds itself amidst a tumultuous period, as it struggles under the considerable weight of downward pressure exerted by bears in the market. The recent trading sessions have witnessed a stark surge in bearish activity, culminating in a notable negative closure on March 11th. At the time of this analysis,…
One analyst suggests that Bitcoin ETFs are absorbing a significant portion of the available BTC for purchase, potentially leading to a critical shift in supply dynamics later this year. According to Ki Young Ju, the founder and CEO of CryptoQuant, if institutional inflows persist, Bitcoin could face a “sell-side liquidity crisis” by September, particularly as…
On Monday, Domo, the developer behind the BRC-20 token standard, unveiled a governance change for the token. The protocol’s token management will now be overseen by the creator’s non-profit organization, the Layer 1 Foundation (L1F). Domo disclosed that L1F will work in conjunction with UniSat and Best in Slot, prominent Bitcoin infrastructure providers, who will…