Become An Options Master in Today’s Market! Wow! The S&P 500 hit an all-time high. Tech and health sectors are red hot. Now’s the time to learn Nic Chahine’s 411% gains-with-options secret. Grab his free report now. Major cryptocurrencies surged on Wednesday evening driven by massive inflows into U.S.-listed spot Bitcoin ETFs during Tuesday’s drop. This indicates that ETF investors were unfazed by the plunge and saw it as an opportunity to buy the dip.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EST)Bitcoin (CRYPTO: BTC)+4.94%$66,369Ethereum (CRYPTO: ETH)+8.31%$3,820Dogecoin (CRYPTO: DOGE)+8.34%$0.16ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email and you’ll also get Benzinga’s…
Author: Web3 Daily Press Staff
March 7: Burnt Banksy announced the launch of XION’s mainnet, “the first blockchain purpose-built for mainstream adoption and the first to use USDC, a fully-reserved digital dollar, as its primary transactional currency,” according to the team: “The announcement was made as part of Burnt’s exclusive performance in New York, during which the founder lit himself on fire and subsequently set XION aflame, symbolizing a new light for the crypto industry.”DeFi Aggregator Hashflow Launches on ArbitrumMarch 6: Hashflow, a leading decentralized finance (DeFi) trading platform, today announced the launch of its Arbitrum-native aggregator, creating a hub for all Arbitrum ecosystem traders,…
Chainlink 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 token 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 Chainlink a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Chainlink! This news is republished from…
Following a sharp decline in Cardano (ADA) value, which occurred in tandem with Bitcoin’s withdrawal from its latest all-time high (ATH) of $69,328, Dan Gambardello, a crypto analyst, has recently weighed in on the implications of this pullback for the broader bull market.Particularly Gambardello views this development positively, suggesting it mirrors historical patterns that could signal a strengthening market for ADA.Cardano’s Price Action And Bull Market IndicatorsDan Gambardello, a prominent figure in crypto analysis, elaborated on ADA’s recent price action, comparing it to the altcoin’s behavior in previous bull cycles.He pointed out that similar pullbacks have historically preceded significant rallies…
The recent market behavior of Bitcoin Cash (BCH) provides a textbook case study of investor sentiment and whale activity dictating the short-to-mid-term price directions. A stark increase in large transaction volumes and a significant downturn in weighted sentiment present a bearish outlook for BCH. BCH surged 73.53% in the past month. However, whales’ movement and market sentiment could indicate imminent correction. Surge in Bitcoin Cash Large Transactions: A Red Flag? The recent data on Bitcoin Cash (BCH) has highlighted a striking rise in large transactions, those exceeding $100,000, jumping from 418 to 1,004 between March 1 and March 3. This…
In this article, we explore Binance Coin (BNB), a leading cryptocurrency, covering its essentials, current market trends, and future outlook. Understanding the Foundation and Evolution of Binance Coin Binance Coin was launched in 2017 by Changpeng “CZ” Zhao as a utility token for the Binance cryptocurrency exchange. Initially designed to provide trading fee discounts, BNB has significantly expanded its use across various platforms and services. The name “Binance” combines the concepts of binary and finance, highlighting the company’s vision of integrating digital technology into the financial world. Market Overview At present, BNB stands at a price of around $429.20, demonstrating…
Last updated: March 6, 2024 19:54 EST | 3 min read Crypto traders looking to turn a quick profit are hunting for the best meme coins to buy, but they face a dilemma.To they buy meme coins on the Solana (SOL) blockchain, or on the Ethereum (ETH) blockchain?Both blockchains have their pros and cons. Solana has very low fees and fast transactions times.Ethereum, meanwhile, suffers from high fees and slower transactions. However, Ethereum is still the home to the bulk of on-chain liquidity.As per DeFi Llama, its trade value locked (TVL) was last close to $150 billion.Solana’s TVL, meanwhile, was…
Mr-Tigga/iStock Editorial via Getty ImagesMarch 5th, 2024 may have been many traditional investors’ official welcome to the wonderful world of cryptocurrency volatility. With respect to January 12th, 2024 – which resulted in a 7% intraday decline shortly following Bitcoin’s (BTC-USD) spot ETF approval – March 5th, saw a 14.4% intraday swing in BTC from a new all time high of $69.3k down to $59.2k all over the course of a five hour period. If you’re new here, this is classic crypto behavior. The market’s top cryptocurrency ultimately traded back up to $64k following what was the largest flash crash for…
Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in minutes. Those changes are often mysterious to market observers, because of the digital currency’s lack of ties to the real economy. Bitcoin has another quirk, one that was built into the code that gave it birth: Every so often, the formula that governs the rate at which new tokens are created changes. As another such event — called a halving — approaches, Bitcoin supporters and skeptics are debating what kind of impact it may have on the coin’s…
Litecoin price crossed $94 on March 3, its highest since the widespread post-halving sell-off in August 2023, which has seen LTC underperform the market in the last 6-months. A widespread post-halving sell-off saw Litecoin price dip 37% within a fortnight of the critical network event. Since then, Litecoin price has struggled for upward momentum. Bullish moves observed among LTC whale investors this week suggest this is about to change. Post-halving sell-off saw Litecoin price struggle for momentum Litecoin’s most recent halving event went live on August 2, 2023, reducing the block reward from 12.5 LTC to 6.25 LTC. In the…