Author: News Room

As Bitcoin’s network halving event draws near, Glassnode’s latest report sheds light on the evolving trading strategies in the face of significant demand from ETFs, signaling a pivotal shift in the cryptocurrency market. Glassnode Report Unveils Shift in Bitcoin Trading Strategies Ahead of Halving In the countdown to Bitcoin’s much-anticipated halving, the crypto community is […] Read the full article here

Coinbase-backed Base has the highest transaction fees among Ethereum layer-2 networks due to the current wave of attention it enjoys among crypto traders. Gasfees data shows that Base is the priciest layer-2 protocol among scaling solutions that have implemented the Dencun Upgrade’s Blobs feature. The feature significantly reduces transaction fees and enhances throughput for layer-2 networks by allowing for a more efficient and cost-effective way to post rollup data. Indeed, the average transaction fee on Base hovers between $0.0857 and could reach as high as $0.5582 for an average NFT trade on Seaport compared to the average transaction fee on…

Avalanche Foundation, the non-profit organization behind the Avalanche ecosystem, has launched the first phase of a $1 million liquidity mining incentive program dubbed Meme Coin Rush. According to an announcement seen by CryptoPotato, the first phase has been kicked off with participation from liquidity management and decentralized market-making platform SteakHut and decentralized exchange Trader Joe. Avalanche Begins Memecoin Rush Meme Coin Rush was created to help scale liquidity and drive momentum for the community coin ecosystem on Avalanche. Community coins refer to meme coins, non-fungible tokens (NFTs), and similar cryptocurrencies designed by community members for cultural expression and interaction. The…

Old school commodity trader Peter Brandt has made a point of responding to those traders and crypto holders who believe that, at the moment, flagship cryptocurrency Bitcoin is undergoing a big correction after surging to an all-time high of $73,750 last week. Between March 14, when the historic peak was reached, and March 20, the decline constituted 16.64% as Bitcoin landed at $61,520. Still, Brandt tweeted that he does not believe this to be a big correction. “I don’t see a correction,” Peter Brandt says Brandt stated that he has zoomed out to take a more general look at the…

Vertex Protocol introduces Vertex Edge, a groundbreaking cross-chain liquidity layer and orderbook, aimed at transforming decentralized exchange (DEX) trading. This innovative solution accompanies the launch of Vertex’s cross-chain instance, Blitz, on the Ethereum Layer 2 network Blast, marking a significant leap forward in DeFi technology.—Vertex Protocol, known for its low-latency DEX on Arbitrum offering spot, perpetuals, and money markets with self-custody, has positioned itself as a leading DEX since its debut on Arbitrum Mainnet in April 2023. With the introduction of Vertex Edge, the platform takes a giant leap forward in providing seamless liquidity sharing across different EVM-compatible blockchains.Alwin Peng,…

Toncoin has surged past its peers amidst a market downturn, showcasing the potential for entering the top 10 tokens. TON’s market capitalization now exceeds $13 billion with a trading price of $3.90. Metrics analysis reinforces positive sentiments, suggesting continued growth prospects for Toncoin. Toncoin (TON) has emerged as a standout performer, surpassing its counterparts in a remarkable surge. The cryptocurrency’s meteoric rise in value has garnered considerable attention, hinting at its imminent ascension into the coveted ranks of the top 10 tokens. Recent data reveals Toncoin’s exceptional growth trajectory, outshining other leading cryptocurrencies over a 24-hour period. With a current…

Ethereum price started a recovery wave from the $3,050 zone. ETH is up over 10% and is now struggling to clear the $3,550 resistance zone. Ethereum started a decent recovery wave from the $3,050 zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,550 resistance zone. Ethereum Price Starts Recovery Ethereum price extended its decline below the $3,350 and $3,200 levels,…

Grab, Asia’s premier super app, is embarking on a groundbreaking journey in the realm of digital finance through its latest partnership with Triple A, a leading crypto payments provider. This collaboration heralds a new era as Grab ventures into the world of cryptocurrency payments within its extensive ecosystem. The announcement comes with great anticipation as GrabPay users now have the unprecedented ability to seamlessly augment their e-wallet balances using digital tokens. Read the full article here

Terra Luna Classic price has dropped 32% after a rejection from a stiff seller congestion zone. LUNC could extend fall 30% this week amid a bearish market and the ecosystem’s legal tussle. The hearing between Terraform Labs and the SEC will take place on March 25. Terra Luna Classic (LUNC) price is trading with a bearish bias, extending the fall as part of a broader market crash, led by Bitcoin. For LUNC price, however, volatility is expected amid two fundamental events expected early next week. Also Read: Bitcoin price offers late bulls a lower entry as BTC halving nears LUNC…

Coinbase recently launched some U.S.-regulated futures products, but bypassed XRP despite its legal clarity, prompting a reaction from Fox Business journalist Eleanor Terrett. The company filed to launch the products on March 7 through its Coinbase Derivatives division. Despite introducing these offerings earlier in the month, the cryptocurrency platform neglected to effectively publicize the development, resulting in limited visibility. Notably, Coinbase filed with the U.S. Commodity Futures Trading Commission (CFTC) to list futures contracts based on three crypto assets, including Dogecoin (DOGE), Litecoin (LTC) and Bitcoin Cash (BCH). Coinbase Derivatives LLC quietly filed certifications with CFTC to list US regulated…