Author: Web3 Daily Press Staff

In a recent groundbreaking development that marks a milestone for the crypto-world, the blockchain platform known as Avalanche (AVAX) announced a confluence with Australia and New Zealand Banking Group (ANZ), and Chainlink (LINK) Labs. This trio collaboration aims to delve into the uncharted territory of digital assets on-chain and explore their potential for worldwide movement and settlement. Their unique strategy leans heavily on Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to establish a bridge between Avalanche and Ethereum (ETH) blockchains. Through this, they are betting on a seamless delivery versus payment (DvP) settlement of tokenized assets, disseminated across networks in an array…

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TL;DR Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest. The surge in SHIB and other meme coins underscores the growing profitability and appeal in the sector. The price of the second-biggest meme coin – Shiba Inu (SHIB) – continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale. Its market capitalization surpassed $18.5 billion for the first time since mid-March. SHIB Price, Source: CoinGecko Shiba Inu trading volume generated in the last 24 hours has also headed north. According to CoinGecko’s data, the figure has jumped…

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Roger Ver, an early Bitcoin investor, has reaffirmed his commitment to Bitcoin Cash (BCH) despite a public invitation from Adam Back, the CEO of Blockstream, to return to the Bitcoin community.In his book “Hijacking Bitcoin: The Hidden History of BTC,” Ver asserts that the original vision of Bitcoin has been corrupted. While Back urged Ver to give layer-2 (L2) solutions a chance, Ver remains skeptical.The debate over L2 solutions highlights a philosophical divide between Bitcoin (BTC) and Bitcoin Cash. Bitcoiners believe that L2 solutions help the chain scale. BCH supporters believe that centralized solutions aren’t ideal, advocating for larger blocks…

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BNB’s DEX volumes outperformed Ethereum, causing a surge in the network’s TVL. The price of BNB reacted positively. The Binance [BNB] network has been one of the most popular protocols in the crypto space in terms of activity. Despite this, in the last few months, other protocols have grabbed the market share from Binance, particularly due to rising DEX (decentralized exchange) volumes on their respective networks. DEX volumes on the rise However, in the last few days, the DEX volumes on the BNB network had surged materially, to the point that they had surpassed the DEX volumes on Ethereum [ETH].…

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The Commodity Futures Trading Commission (CFTC) has called both Ethereum (ETH) and Litecoin (LTC) commodities in its recent KuCoin lawsuit filings. Indeed, the CFTC filed its civil enforcement action amid the recent criminal charges levied against the exchange and two of its founders. The complaint alleges that KuCoin had “illegally dealt off-exchange” commodity transactions without first registering with the CFTC. Moreover, within the complaint, the commission identifies Bitcoin, Ethereum, and Litecoin as commodities that investors were able to trade. JUST IN: CFTC says Ethereum and Litecoin are commodities in Kucoin lawsuit. — Watcher.Guru (@WatcherGuru) March 26, 2024 Also Read: Ethereum…

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LARRY NEUMEISTER, Associated Press 27 mins ago NEW YORK (AP) — A top U.S. prosecutor announced criminal charges Tuesday against a once-ascending company in the cryptocurrency world and two of its founders in a bid to send a message to other players in the industry to follow U.S. laws. U.S. Attorney Damian Williams said conspiracy charges against KuCoin and two executives should warn other crypto exchanges that they cannot serve U.S. customers without following U.S. laws. An indictment in Manhattan federal court said the company and its founders tried to conceal the existence of its U.S. customer base. In December,…

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Short sellers are still betting billions of dollars that the rally in cryptocurrency-linked stocks fueled by a surge in Bitcoin will eventually end. Total short interest, or the amount that contrarian traders have pledged against crypto stocks, has increased to nearly $11 billion this year, according to a report from S3 Partners LLC on Monday. More than 80% of total short interest in the sector are bets against MicroStrategy Inc. and Coinbase Global Inc. This news is republished from another source. You can check the original article here

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Litecoin (LTC) gets a bullish rating from InvestorsObserver Tuesday. The Digital Money asset is up 1.04% to $90.42 while the broader crypto market is up 4.72%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Litecoin price is well positioned between support and resistance. With support set around $88.16 and resistance at $91.38,…

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Shiba BudzDubai, UAE, March 26, 2024 (GLOBE NEWSWIRE) — The quest for the next big investment leads many to explore the depths of the meme coin market, a realm where virality meets value. Amid this search, a new contender has emerged, capturing the attention of Shiba Inu (SHIB) investors: Shiba Budz (BUDZ). This novel memecoin, reminiscent of the Shiba Inu (SHIB) craze, is poised to offer an intriguing opportunity for investors to potentially double their Ethereum (ETH) profits. This article examines the strategies SHIB investors might employ with BUDZ, its allure as a Shiba Inu (SHIB)-like investment, and the potential ramifications…

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Within the cryptocurrency reign, VeChain has seen an impressive surge, recording a 154% increase since September 2023, although it still has a long way to go to surpass its all-time highs. The price of MANA is anticipated to climb, bringing attention to its pivotal role in Decentraland’s digital landscape. BlockDAG is setting the stage for groundbreaking advancements in the cryptocurrency sector. With a robust network of over 4000 miners and 5 billion BDAG coins sold, and an ambitious target of reaching $600 million by the end 2024, BlockDAG is positioned as a top contender for future crypto investments, promising an…

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