Author: Web3 Daily Press Staff

Read U.TODAY on Google News The last day of the week is about to be bearish for most of the coins, according to CoinMarketCap.Top coins by CoinMarketCapBNB/USDThe rate of Binance Coin (BNB) has fallen by 5.13% since yesterday. Over the last week, the price has risen by 7%.Image by TradingViewOn the hourly chart, the price of BNB is in the middle of the local channel between the support at $548.6 and the resistance at $590.4. As most of the ATR has been passed, any sharp moves are unlikely to happen today.Image by TradingViewOn the bigger time frame, the situation is also unclear…

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Solana network activity surpassed Ethereum over the weekend amid a scramble for Solana-based memecoins — causing the network to struggle to keep up.On March 16, Solana’s total trading volume soared past Ethereum, reaching $3.52 billion and beating out the daily volume on the Ethereum network by more than $1.1 billion, per DefiLlama. CointelegraphHowever, the Solana network struggled to keep up with the influx of activity, with many users across X complaining about frequent instances of failed or missing transactions. According to Solana Validator data, cited by pseudonymous user “Dagnum” on X, Solana’s ping time ran between 20 and 40 seconds…

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Last week, Ethereum welcomed the Dencun upgrade, leading to a reduction in transaction fees across several layer-2 protocols. Bitcoin (BTC) slipped below the $65,000 mark while spot Bitcoin ETFs continued to hit new records, clinching a peak trade volume. Ethereum welcomes Dencun The Dencun upgrade finally went live on the Ethereum network, marking the start of “The Spurge.” Notably, the update went live on March 13, exactly as scheduled by developers. Shortly after Ethereum witnessed the implementation of the upgrade, crypto.news reported a massive reduction in average transaction fees across multiple Ethereum layer-2 protocols. Zora saw a 99% drop in…

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid whispers of an Amazon acquisition, DeeStream (DST) entices ADA and LTC holders, showcasing strong interest as it advances into the second stage of its presale. DeeStream (DST) has entered stage 2 of its presale, getting over 2,500 investors on board. And yet, DeeStream token holders are looking to double down on their investment. The ongoing price surge in the crypto industry could be the cue to such optimistic behavior from DeeStream investors. Some experts say that the unique…

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VeChain (VET) is one of the most promising altcoins with bullish price projections that could present opportunities for investors to rake in up to $10 million on the coin. While making massive profits from digital currencies is possible, investors need to adopt the right strategies. The hype is currently surrounding VeChain, considering the parabolic run of the coin over the past week. Per the latest market data, VET is worth $0.04396, down by 7.9% in 24 hours. This price outlook marks a major correction after VET jumped as high as $0.05119 on the back of a 48.25% weekly run. VET…

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InvestorsObserver analysis gives Tether EURt a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving Tether EURt a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Tether EURt! This news is republished from another…

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Join the most important conversation in crypto and web3! Secure your seat todayThe Safemoon token liquidity pool (LP) was drained of nearly $9 million worth of tokens on Wednesday after attackers manipulated a faulty feature on its smart contracts.Blockchain data shows several tokens were exchanged in the wee hours on Wednesday in a single transaction, with the attacker ultimately stealing billions of Safemoon’s SFM tokens locked on an LP.A liquidity pool is a basket of tokens locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending, and borrowing between users without relying on third parties.Safemoon’s SFM…

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Amidst a market pause affecting cryptocurrencies like Solana (SOL) and Polkadot (DOT), Furrever Token (FURR) stands out as a beacon of success, capturing the spotlight with its remarkable performance in the presale phase.  While SOL and DOT navigate through a temporary slowdown, FURR’s presale progress continues to defy market expectations, attracting significant attention and investment amidst the broader turbulence. This unique resilience displayed by FURR amid market uncertainties underscores its growing popularity and investor confidence, positioning it as a promising contender in the evolving landscape of cryptocurrency investments.  As SOL and DOT encounter hurdles in their ascent, FURR’s momentum remains…

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