Author: News Room
Numerous top-tier traders are eyeing the $1 mark for Dogecoin. The question arises though: why? Some say it’s just a matter of time, with big traders like the Tree of Alpha hinting that those who do not grab DOGE at 7 cents or 16 cents might regret it when it hits $1. Currently, DOGE is hovering around $0.17. That is a good jump from where it was just a while back. The chart shows us that DOGE has been dancing above the support level near $0.11, which acts as a safety net for the asset right now. If it stays…
The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank. According to the media outlet RBC, Finance Minister Anton Siluanov said he was “sure” his ministry and the bank would soon “come to an agreement” on crypto regulation-related matters. Russian Central Bank Eager to Break Crypto Impasse? Speaking at an event held at a state-run financial university, Siluanov said: “I am sure that [the ministry] and the Central Bank will come to an agreement. This issue has been discussed for several years. We cannot prohibit the circulation of cryptocurrencies. Therefore,…
The Saga network’s airdrop campaign is coming to a close. The layer-1 chain, which has a substantial gaming presence, is set to end its airdrop claim process at 12:00 UTC on Wednesday, March 27, giving eligible users precious few hours left to secure their bag. Saga conducted a “play-to-airdrop” campaign from December 2023 into early 2024—the first part of a three-phase airdrop campaign to reward players, DeFi stakers, and NFT holders. The campaign incentivized players who competed in certain games by making them eligible for an airdrop of the native token, SAGA, of the soon-to-launch Saga blockchain mainnet. In addition…
The price of the flagship cryptocurrency Bitcoin ($BTC) appears to have established a temporary price floor of around $56,000 after experiencing a 17.5% decline from a new all-time high above the $73,000 mark earlier this month. According to a recently published Bitfinex Alpha report, the cryptocurrency’s price stabilized over a slowdown in inflows to spot Bitcoin exchange-traded funds (ETFs). The price floor Bitfinex found is “just above the Realised Price for the short-term holder cohort,” which is currently at around $58,000, while also being the estimated cost basis for those who invested through spot ETFs. The report details that a…
Polkadot price is witnessing the bullish impact of the positive interest it has received from institutional investors. The altcoin seems to be heading towards a previously failed high. However, it might face multiple resistances in its path, which could subdue the bullishness noted presently. Polkadot Outperforms Solana and Cardano Polkadot price recovered by 12% this week and part of the credit for this goes to institutions along with retail investors. Their interest in DOT surged in the week ending March 23, so much so that they picked this altcoin over the likes of Solana and Cardano. Polkadot recorded inflows worth…
Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring that he is a bitcoin bull, the famous author said the cryptocurrency “is the perfect asset at the right time.” While acknowledging the possibility of bitcoin “going to zero,” he countered by suggesting that fiat currencies like […] Read the full article here
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›Connected to AlphaWelcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.Important: You must lock a minimum of 20,000 ACSIf you don’t have enough, buy ACS on the following exchanges:Connect via Access ProtocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more › Read the full article here
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›Connected to AlphaWelcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.Important: You must lock a minimum of 20,000 ACSIf you don’t have enough, buy ACS on the following exchanges:Connect via Access ProtocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more › Read the full article here
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity. Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in development activity, emerging as the leading DeFi project over the past month. Osmosis Leads DeFi Development According to the data shared by Santiment, Osmosis recorded more than 169 GitHub commits within the previous 30 days. The crypto analytic platform’s latest compilation of “developer activity” was based on aggregating all unique GitHub activity documented in the records of each project and then calculating the average number of these actions to provide a…
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 evolving into an exchange-traded fund (ETF) listed on public exchanges, GBTC has shed billions in bitcoin over the preceding 71 days. ‘Inside the House’ In recent developments, the Grayscale Bitcoin Trust (NYSE: GBTC) has seen a substantial decrease in its bitcoin reserves, now holding 350,252 BTC. This reduction, amounting to 27,917.37 BTC or about $1.7 billion, occurred over the past three days. The significant outflows from…