Author: Web3 Daily Press Staff

© Reuters ‘s price action is currently under the influence of US spot Bitcoin Exchange-Traded Funds (ETFs) and the highly-anticipated rewards-halving event. Elitsa Taskova, Chief Product Officer at Nexo, highlighted two contrasting scenarios post-halving.  In an optimistic outlook, if miners can leverage their holdings without direct selling, Bitcoin’s price could soar to $100,000 in 2024, echoing a widespread sentiment among asset managers and industry pundits. On the flip side, a less favorable condition could see Bitcoin retesting support levels around $40,000, particularly if mining facilities are forced to liquidate assets for operational funding. The introduction of ETFs has been a…

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Explore XRP and BCH price forecasts while discovering BlockDAG’s potential as a top crypto asset. Stay informed about the latest trends in the crypto market.BlockDAG (BDAG)  is making waves in cryptocurrency, promising to reshape our understanding of digital currencies. While the crypto market observes the performance of established currencies like  Ripple (XRP)  and Bitcoin Cash (BCH), BlockDAG stands out with its cutting-edge technology, aiming to deliver unparalleled returns to its backers. BDAG boasts a powerful ecosystem powered by a hybrid consensus mechanism. With its recent keynote release that promised a $600 million roadmap, the presale coin has diverted attention from popular…

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Guest Author BlockDAG (BDAG) many-phase pre-sale campaign gains new supporters in March Read U.TODAY on Google News With the ebbs and flows in the crypto market, BlockDAG (BDAG) appears as a novel cryptocurrency in pre-sale phase. BlockDAG promotes itself as a product with remarkable scalability, security, and decentralization.Supporters of BlockDAG (BDAG) can take part in pre-sale and buy tokens here.Shiba Inu (SHIB) price demonstrates resilience The Shiba Inu cryptocurrency is experiencing a notable price correction amidst market turbulence, indicating a potential 10% drop. However, strong investor support and a significant market cap of $16.4 billion maintain its stance as a top cryptocurrency. The…

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VeChain, a leading enterprise-grade L1 public blockchain, has announced the winners of its most recent hackathon hosted at the University of Cambridge in partnership with Web3 educational mobile app, EasyA, and with participation from global consulting firm, Boston Consulting Group (BCG). The hackathon encouraged the development of VeChain-powered VeBetterDAO platform, a sustainable ecosystem designed to incentivize enterprise and individual positive impact with the $B3TR incentive token, and resulted in over 50 X-2-Earn projects. VeChain track winner: Meatless, an application incentivizing consumers for buying sustainable food products. BCG track winner: EcoNex, an application promoting eco-friendly travel by offering incentives to commuters…

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Paolo Ardoino, CEO of Tether. Camilo Freedman/Bloomberg—Getty Images For the better part of a decade, Tether has been one of the most dominant companies in crypto alongside Binance and Coinbase, but is often overlooked. This is mostly by design as the company and its executives have preferred to exist in the shadows even as they’ve pulled in a fortune with Tether’s USDT stablecoin, which is the go-to currency for the crypto economy. But now that’s changing as Tether, sitting on an eye-popping $105 billion in reserves, and its CEO Paolo Ardoino looks to pull the company into the financial mainstream.…

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The U.S. Securities and Exchange Commission (SEC) announced charges against cryptocurrency company SafeMoon, its creator Kyle Nagy and its U.S. counterpart SafeMoon US.The executive team, which included CEO John Karony and Chief Technical Officer Thomas Smith, were accused of orchestrating a grand fraudulent scheme involving the unregistered sale of the crypto asset security, SafeMoon.ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email and you’ll also get Benzinga’s ultimate morning update AND a free $30 gift card and more!The SEC alleged SafeMoon’s promoters made grandiose promises, assuring the token would soar “safely to the moon.”Contrary to these promises, they not only obliterated billions in market capitalization…

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Polkadot receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is giving Polkadot a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Polkadot! This news is republished from…

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Electric Capital, a web3 venture capital firm, is delving into the analytical aspect of the NFT market to address two unresolved issues. In an X thread on Mar. 22, Electric Capital founder Avichal Garg unveiled a new analytical platform designed to address the scarcity of cross-chain data and transparency within the turnover of digital collectibles. 1/ Announcing NFT Pulse!https://t.co/rcIdebM3Q2At @ElectricCapital we kept asking NFT questions but had 2 problems:A. data sources were susB. data was not cross chainWe built a v1 on @AlliumLabs data & are opening the dash publicly. Feedback is appreciated!Fun charts👇— Avichal – Electric ϟ Capital (@avichal)…

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Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.IOTA is down -3.69% today against the US DollarMIOTA/BTC decreased by -2.34% todayMIOTA/ETH decreased by -2.35% todayIOTA is currently trading 9.08% below our prediction on Dec 01, 2023IOTA gained 15.26% in the last month and is down -18.24% since 1 year agoIOTA price$ 0.176009IOTA prediction $ 0.193587 (10.20%)Sentiment…

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After several days of charting new local lows, Bitcoin’s price reversed its trajectory following the latest FOMC meeting and soared by over seven grand at one point. Numerous altcoins have performed even better on a daily scale, and some of the biggest gainers come from the meme coin cohort. BTC’s Recovery The primary cryptocurrency was in a state of a freefall ever since last Thursday, when it actually charted its latest all-time high of almost $74,000. This came after gaining over ten grand within the past week or so. The asset slumped by about eight grand the next day and…

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