Author: News Room
Leading cryptocurrency Bitcoin surged back above $70,000 last night, triggering a broader rise in the market. At this point, while some analysts started to make bullish predictions again, Markus Thielen, CEO of 10x Research, which was successful in finding the bottoms, said that the downward trend in Bitcoin turned into an upward trend and that Bitcoin could break out of consolidation and reach new records. Sharing some signs that the decline in BTC has reversed, Thielen stated that the reversal indicators point to an upward trend and that the upward trend will continue as long as Bitcoin is not traded…
In the current high-speed digital environment, artificial intelligence (AI) has gained a pivotal position, and the power is still in the hands of a few large corporations. With this centralization of AI technology, the troubles that come inherent in a centralized system are set. The role of a transparent, censorship-resistant AI infrastructure is gaining new importance, especially for democratizing AI applications in a trustless atmosphere. The adoption of the decentralized approach has to overcome the biggest obstacle in the existing blockchain models, which are already unable to optimally store and process the large computing models, which are very computationally consuming.…
Dogecoin GigaWallet v1.0 is a back-end service designed to provide easy integration APIs for online businesses and should not be confused with a regular user wallet such as MetaMask or Trust Wallet. Dogecoin (DOGE), the largest meme coin by user base and market capitalization, has received the latest utility feature called Dogecoin GigaWallet v1.0, allowing for seamless mass adoption. According to Tuesday’s announcement, Dogecoin GigaWallet v1.0 is a software development component that provides seamless API integration. As a result, Dogecoin GigaWallet v1.0 is an essential stepping stone for any online store, social media and cryptocurrency exchange to enable Dogecoin payments.…
While the rise in the largest altcoin Ethereum stirred up whales, the latest news came from the whale, who was an early ETH investor. According to Lookonchain’s post, the whale, one of the first investors in Ethereum, sold 17,700 ETH at $ 3,503. He received 62.24 million DAI from this sale. This whale started buying Ethereum in March 2017 and made purchases until April 2021. During this period, Whale accumulated 14,280 ETH from Gemini and Bittrex exchanges at an average price of $182 and a cost of $2.6 million. Selling after 7 years, whalena made a 23-fold profit on its…
Coinbase, the largest cryptocurrency exchange in the USA, continues its altcoin listings and support statements without slowing down. At this point, Coinbase recently stated that it added the altcoins named Shadow Token (SHDW) and Neon EVM (NEON) to its road map. “Assets (SPL tokens) on the Solana blockchain added to the roadmap today: Shadow Token (SHDW) and Neon EVM (NEON) This is not a comprehensive list of the assets we decide to list. Any entities not referenced in the above lists do not preclude the potential listing of such entities.” Coinbase’s roadmap program is used to announce altcoins that are…
BNB price is attempting a fresh increase from the $500 zone. The price could gain bullish momentum if it clears the $588 and $610 resistance levels. BNB price started a fresh increase above the $520 and $540 levels. The price is now trading above $575 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $580 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could attempt a fresh rally if it clears the $610 resistance zone. BNB Price Eyes Fresh Surge After a downside correction…
Ross Ulbricht, the founder of the infamous Silk Road marketplace, turns 40 tomorrow on March 27. He was sentenced to 2 life sentences to serve in prison and has already spent 11 years in prison cells – since he was 29. As his 40th birthday is almost here, the global cryptocurrency community again starts calling to the US authorities to release Ulbricht from imprisonment. ✨ Tomorrow is Ross Ulbricht’s 40th birthday. He’s been in jail since he was 29, serving a 2x life sentence, all for creating a website where people could freely tradeIt’s time to free Ross. #Bitcoin pic.twitter.com/H8ufNKJKhT…
New York — Injective, the blockchain at the forefront of decentralized finance (DeFi), has announced the launch of SA World, a groundbreaking move to fuse GameFi into its industry-leading DeFi framework.—Developed by OneChain Studios and backed by major ventures like Pantera, Coinbase, and Spartan Capital, SA World, formerly a dominant gaming network on Polygon and BNB Chain, emerges as the ultimate Web3 gaming hub, presenting a diverse array of rewarding games alongside streamlined game management tools.The transition to Injective signifies a pivotal moment in elevating the Web3 gaming landscape. With its migration from Binance Smart Chain, SA World introduces players…
Grand Cayman, Cayman Islands, March 28th, 2024, Chainwire March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading. Sui, the fast ascending Layer 1 blockchain offering industry-leading performance and infinite scaling, continued to demonstrate its blistering DeFi growth by cementing its place in the top ten of all chains by weekly DeFi volume, registering over $830M of trading over the most recent seven days of data available on DeFiLlama and $224M in the latest 24 hours. The volume growth comes as the chain has…
Ethena is set to launch a new airdrop, marking the next phase in its expansion following the success of its synthetic stablecoin, USDe. The company announced that April 2, 2024, will commence the decentralization of Ethena Protocol, introducing its native token, ENA, to its community. This move comes on the heels of the Ethena Shard Campaign, an initiative that boosted USDe’s supply, positioning it as a dominant force in the decentralized finance (DeFi) sector. Ethena Unveils Token Airdrop Ethena’s USDe has shattered records, amassing a supply of over $1.38 billion. This milestone positions it as the fastest USD-denominated asset to…