Markets

Amidst the market-wide rally, Bitcoin miners appear to be reaping substantial rewards. On March 6th, they earned a staggering $75.9 million in daily revenue marking the second-highest figure in the leading crypto asset’s history. This also represented a notable increase of 30.74% from the previous day and a remarkable surge of 293.1% compared to the same date one year ago. Record-Breaking Day for Bitcoin Miners As updated by Julio Moreno, head of research at CryptoQuant, this...

Fetch.AI’s native token, FET, has witnessed a 360% since 2023, with a notable rise from $0.6 to an all-time high of $2.84, which was partly driven by the v0.17 update in early February. As a result, FET briefly entered the list of the top 50 crypto assets market cap before sliding two positions down. The latest rally was first fueled by the market-wide surge and was later propelled by Fetch.AI securing advanced GPUs following the $100 million infrastructure investment. As a...

[PRESS RELEASE – PARIS, France, March 7th, 2024] Telos today welcomes Jerome de Tychey as the inaugural member of its new Executive Advisor Committee, which will provide guidance, resources and ecosystem support to the project in order to enhance its growth and development. de Tychey is the current President of Ethereum France and CEO of the Web3 development platform, Cometh. de Tychey is also an associate professor at the Conservatoire National des Arts et Métiers, where he...

CoinspeakerSolana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum Solana recorded about $15B in DEX volume in the past seven days, translating to a +153% weekly change. Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum

The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time the central topic of the forum will be making money on Bull Run, which has already begun. Forum speakers and attendees will share analytics and experience: which coins to buy and sell, which coins...

EOS price is eyeing a fresh increase from the $0.920 support against the US Dollar. The price is now trading above $0.980 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $1.10 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $1.100 and $1.145 resistance levels. EOS price is recovering above $0.920 against the US Dollar, like Bitcoin. The...

Litecoin is gaining pace above the $80.00 resistance against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $88.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $86.50 and $88.00 resistance levels. Litecoin price is recovering from the $75 zone against the US Dollar, like Bitcoin....

According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released court documents, Binance.US Chief Operating Officer Christopher Blodgett disclosed that the company has been compelled to terminate over 200 employees, amounting to two-thirds of its workforce, since June. Forced Layoffs and Revenue Plunge This downsizing...

Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs surged to unprecedented levels. Despite Bitcoin’s overall gain of almost 55% in the past month, the sudden drop in its value has left investors uncertain about its future trajectory. However, Santiment suggests that ‘speculative excess’ has been temporarily removed from the markets. Open...

TL;DR Shiba Inu’s team hints at new advancements associated with the meme coin, sparking community speculation. SHIB’s price surged 300% in the past month, highlighting the token’s volatility amidst a broader crypto market rally. What’s Coming Next for SHIB? Shytoshi Kusama, the lead developer of Shiba Inu, said the team behind the popular meme coin has been busy recently, participating in meetings and “talking to the other side of the world” regarding the introduction of a...