Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability – Bitcoin News Bitcoin.com News This news is republished from another source. You can check the original article here
Author: Web3 Daily Press Staff
After recovering from a near-death experience during the most recent crypto winter, Bitcoin miners are back in survival mode — spending billions of dollars on equipment and drawing energy at a record pace ahead of an update in the digital currency’s code that threatens revenue streams. The surge in activity is sparked by a runup in the world’s largest cryptocurrency, fueled by newly launched spot Bitcoin exchange-traded funds, and a quadrennial event called the halving that is slated to take place in April. Bitcoin has surged more than fourfold since plunging by 64% in 2022 amid a series of crypto…
Love it, hate it, or hodl it, there’s no denying that Bitcoin is back. After a “crypto winter” that saw a series of scandals, bankruptcies, and a price drop of nearly 77%, Bitcoin finally scaled a new peak on March 5, hitting $69,191.95. It briefly jumped north of $70,000 for the first time Friday and the surge has buoyed other cryptocurrencies, with Ether and even Dogecoin increasing in value. This news is republished from another source. You can check the original article here
Litecoin has emerged as a standout performer in the cryptocurrency payments sector, overtaking prominent digital currencies such as Dogecoin, Bitcoin, and Ethereum as the top choice for crypto payments on leading Bitcoin payment service provider, Bitpay. Litecoin At The Forefront Of Crypto Payments In a recent announcement on X (formerly Twitter), the Litecoin team revealed that LTC has claimed the top spot as the most preferred cryptocurrency for payments on Bitpay. Sharing a chart of Bitpay’s payment count by cryptocurrency, the team disclosed that Litecoin has hit a recent milestone, scoring approximately 41.76% of the platform’s total transaction count. Bitpay’s…
In a bid to boost optimism in the Shiba Inu (SHIB) ecosystem, lead developer Shytoshi Kusama has warmly welcomed the introduction of Shiba AI, also known as S.A.R.A.H. The Shiba AI’s launch marks an iconic collaboration between the Shiba Inu network and Bad Idea AI. Moreover, Kusama’s post has sent the SHIB community into a frenzy.Shytoshi Kusama Is Optimistic About Shiba AIShytoshi Kusama’s endorsement was conveyed with evident excitement and underscored the community’s anticipation for the innovative addition. “Happy about this. Just wait for what’s coming frens,” Kusama remarked, hinting at potential developments on Shiba AI.Shiba AI, affectionately dubbed as…
VeChain partners with renowned sportswear brand Venum to introduce a limited collection of t-shirts featuring legendary MMA figures. The integration of NFC chips into apparel ensures product traceability, establishes a direct channel for brand communication, and transforms each item into a unique digital asset through VeChain’s technology. VeChain, a leading blockchain platform, is reshaping the integration of blockchain technology with Near Field Communication (NFC) chips to bolster data authenticity and unlock new market opportunities. In a groundbreaking collaboration, VeChain has joined forces with renowned sportswear brand Venum to unveil a limited collection of t-shirts featuring legendary MMA figures. This partnership…
Tether USDt (USDT) gets a neutral rating from InvestorsObserver Saturday. The crypto is up 0.13% to $1 while the broader crypto market is up 0.94%. Tether USDt has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Tether USDt! 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. Tether USDt price is well positioned between support and resistance. With support set around $0.997734964691047 and resistance…
Dive into the dynamic world of cryptocurrency with Polkadot (DOT), Poodl Inu ($POODL), and BlockDAG, each offering unique opportunities for growth and investment. Polkadot’s recent surge beyond $11.00 signifies its robust performance. In contrast, Poodl Inu steps into the limelight with its dog-themed meme coin, catching eyes. BlockDAG revolutionises passive income opportunities in the blockchain space, making mining accessible to all and introducing innovative ways to enhance investments with a promising presale and the vision to dominate the 2024 bull run. Polkadot (DOT) Crypto News Today – A Look Beyond $11.00 The DOT price recently stabilised above $8.00 and initiated…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Alex Taub, CEO and co-founder of Truth Arts, explains how his company is helping turn non-fungible tokens into something that could generate value for NFT holders in the future.11:59Thu, Mar 7 20243:00 PM EST This news is republished from another source. You can check the original article here
Shiba Inu is edging closer to Dogecoin’s market cap following a significant rally, stirring up discussions about a possible shift in rankings.What Happened: Memecoins have seen a substantial surge in the past week. Shiba Inu, the meme cryptocurrency proclaimed as the ‘Dogecoin Killer,’ has ascended several positions in the top 100 rankings, positioning itself just below its rival, DOGE.Shiba Inu’s price has skyrocketed by 57% on the weekly charts and 304% in the past month.On the other hand, Dogecoin has rallied 19.5% in the last week and 117% monthly.At present, SHIB’s market cap is at $18.7 billion, just 17% shy…