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Kyle Davies Says He Is Unapologetic About the Collapse of Three Arrows Capital (3AC)

Kyle Davies, the co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), says he is not sorry that his company collapsed in 2022 and lost billions of investors’ funds in the process. Davies expressed his lack of remorse during an interview with Laura Shin on a March 19 episode of the Unchained Podcast, stating that he intends to avoid jail time in any way possible. Kyle Davies is Not Sorry Recall that Three Arrows collapsed in mid-2022 amid the crypto...

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ChatGPT Gives Meme Coin Price Outlook: Dogecoin, Pepe, Sponge V2

Although the meme coin market has pulled back in the past week, traders are still trying to find the next big thing. As a result, AI chatbot ChatGPT has waded into the action by offering its price analysis on some of the market’s hottest tokens. From established players like Dogecoin (DOGE) and Pepe (PEPE) to emerging stars like Sponge V2 (SPONGEV2), which meme coins does ChatGPT believe could surge next? ChatGPT Unpacks Dogecoin’s Recent Volatility Leading the meme coin...

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Bitcoin Spikes 4% After Federal Reserve Maintains Rates At FOMC

Bitcoin (BTC)’s price spiked on Wednesday following the latest Federal Open Markets Committee (FOMC) meeting, at which the Federal Reserve announced no changes to interest rates. The decision keeps the central bank’s benchmark rate between 5.25% and 5.50%, and pushes back investors’ hopes of a more dovish pivot for markets in the near term. Bitcoin traded for $62,000 one hour before the announcement, before shooting to $64,600 as the updated benchmark rate was revealed. In a...

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These Altcoins Have Entered Opportunity Zone Buys Amid Bitcoin’s Price Corrections

Bitcoin’s recent dip to $60.8K mounted concerns about the sustainability of the rally. It was the biggest single-day decline in a fortnight as a result of a decline in inflows of spot Bitcoin ETFs on the same day. The downturn was widespread, with several altcoins following Bitcoin’s suit. Despite this price correction, the bullish sentiment is still prevalent and is backed by Santiment’s MVRV Opportunity & Danger Zone Model, which signals a shift in altcoins’...

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TunedCoin Marks a New Era of Investment Opportunity in the Music and Blockchain Fusion

In a groundbreaking move that signals a significant shift in the music industry’s future, TunedCoin, managed by the Music Blockchain Research Foundation, is now capturing the attention of savvy investors with its recent launch on the Azbit crypto exchange. Since its debut on March 15, with an initial TUC/BTC pairing at 0.0000025 BTC, the token has seen an impressive ascent to 0.00000268 BTC by 3 PM EDT on March 18. This performance not only highlights the market’s...

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Why Stage 1 of This NFT Presale Is the Investor’s Choice for Massive Gains

NFTFN, a frontrunner in web3 fintech, has launched the presale for its native token, NFTFN. This has generated considerable interest among crypto enthusiasts, who are actively participating in the presale. While future performance is uncertain, the project’s growing popularity suggests potential for growth. NFTFN positions itself as a bridge between decentralized finance (DeFi) and the non-fungible token (NFT) market. Their flagship product, SuperNova (SNV),...

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Solana (SOL) Price Analysis: Rally Takes Breather At $200

Solana price started a downside correction from the $210 zone against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $170 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $170 and $160 support levels to start another increase. Solana price is correcting gains below $180 against the US Dollar, like Bitcoin. SOL is...

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Bitcoin Price Analysis: BTC Dips But Reaches Key Support

Bitcoin price started a downside correction from the new all-time high at $73,835 against the US Dollar. The price is now trading below $65,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $71,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $60,000 support zone. Bitcoin price is correcting lower below $65,000 against...

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Binance Surpasses $100 Billion in User Asset Holdings

Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets’ solid performance. Binance’s User Asset Holdings Surge In a blog post, the company revealed that its user assets under custody have surged, more than doubling from $40 billion as the year began to...

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Altcoins Remain Resilient Amid Bitcoin’s Correction: Bitfinex

Analysts at the Bitfinex crypto exchange say that alternative cryptocurrencies (altcoins) have remained resilient amid Bitcoin’s (BTC) approximately 12.5% correction in the past week. According to the latest Bitfinex Alpha report, the altcoin market’s resilience is demonstrated in the Total3 index, which reached a new cycle-high market capitalization of $788 billion on March 14. Although the index has fallen by 14% due to the broader market correction, its plunge is less than...

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