As the cryptocurrency market experiences fluctuations, investors are eyeing opportunities across various projects to diversify their portfolios. Amidst the uncertainty, Rebel Satoshi ($RBLZ) and Polkadot emerge as promising candidates, attracting attention for their innovative approaches and potential for growth. Miners Pause Equipment Refresh as Bitcoin Wobbles Amidst the recent fluctuations in Bitcoin’s price, miners have opted to temporarily halt their equipment refresh initiatives, navigating uncertainties in the market. As Bitcoin experiences volatility, miners face decisions regarding the timing of equipment upgrades and refresh cycles. The pause in these efforts reflects a cautious approach as miners assess the impact of price…
Author: Web3 Daily Press Staff
NFT sales volume has dropped by 4% since the beginning of March. The month has also seen a decline in the performance of Blue-Chip NFTs. Leading non-fungible token (NFT) marketplace OpenSea is poised to close March with a decline in its monthly NFT sales volume. According to data from a Dune Analytics dashboard prepared by Rchen8, NFT sales on the marketplace in the past 28 days have totaled $147 million, representing a 4% decline from the $153 million recorded in February. The fall in OpenSea’s sales volume is due to the steady decline in user activity on the marketplace since…
IOTA price shot up from $0.174 to $0.228 in just 60 minutes on Wednesday. The blockchain company announced that its DLT Foundation has become the first of its kind to be registered under the DLT Foundations Regulations of Abu Dhabi Global Market (ADGM). The $100 million seed fund will be used to nurture the IOTA ecosystem and accelerate the growth of the IOTA protocol. IOTA price has rallied unexpectedly in the past 24 hours, becoming the highlight of the week. IOTA is a novel variation of blockchains designed to conduct faster transactions, and it seems to have made a splash…
On Thursday, the price of Dogecoin (DOGE) soared to its peak since December 2021, hitting 22 cents. This surge was fueled by heightened trading volumes and speculation regarding its potential integration into the social media platform X, owned by Elon Musk. Various posts from prominent members of the Dogecoin community on X speculated about the token’s potential adoption on the platform, especially considering a new payment branch acquiring additional licenses in the United States. This speculation contributed to bullish sentiment and trading interest in DOGE. The token’s price tends to react to developments related to payments at companies owned by…
Bad actors have exploited decentralized finance (DeFi) protocol Prisma Finance and stole 3,257.69 Ethereum (ETH) worth $11.6 million, according to PeckShield. The blockchain security and analytics firm flagged the suspicious activity after the hacker initially siphoned $8.1 million worth of funds from the platform. The attacker eventually distributed the stolen assets to three wallets. The team behind Prisma Finance acknowledged the security breach and says it is taking measures to prevent further losses. “Following the exploit affecting a number of users’ individual vaults, Prisma Protocol has been paused by the emergency multisig and remaining funds are safe. mkUSD and ULTRA,…
Chainlink receives an average long-term technical score of 39 from InvestorsObserver’s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LINK currently holds a superior long-term technical analysis score than 39% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate…
The crypto market is currently undergoing a correction, with Bitcoin adjusting to a price of around $70,000, leaving investors bracing for a further downturn. However, the sentiment across the market remains positive, highlighted by the robust performance of most major altcoins. Notably, Cardano (ADA) price prediction is on track for a 4.35% price uptick while Monero (XMR) investors are watching closely as its price settles around $138.28, demonstrating resilience in the face of its recent Binance delisting. BlockDAG (BDAG) is rapidly gaining traction in the presale arena, after raising over $10.4 million. Good News for Monero Investors Even after…
Bitcoin Cash (BCH) has surged by more than 37% in the past seven days ahead of its upcoming halving event. BCH, a Bitcoin hard fork that spun off from BTC in 2017, is trading at $573.39, up from $418.46 one week ago. Bitcoin Cash’s halving date is currently slated for April 3rd, according to the hash rate marketplace NiceHash. BCH’s halvings occur every four years, at intervals of 210,000 blocks, and on April 3rd, Bitcoin Cash’s current block reward of 6.25 BCH will be slashed to 3.125 BCH. The 15th-ranked crypto asset by market cap is also up more than…
Arman Shirinyan After blog post from Vitalik Buterin, we saw massive surge of buying power Read U.TODAY on Google News Binance Coin stands out with a notable surge, breaking through the crucial resistance level at $584. This breach represents a significant bullish signal for the asset, which could usher in further growth.A close analysis of Binance Coin’s recent performance reveals that after hovering below the $584 mark, BNB has displayed considerable strength by not only reaching but also surpassing this threshold.This movement is particularly impressive given the current crypto landscape, which is not witnessing a wide range of assets rallying.…
Ethereum, Bitcoin Price Below $3500 and $70000 After Powell’s Speech FX Leaders This news is republished from another source. You can check the original article here