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Despite a strong start to the month, Ethereum's price has not quite lived up to its promise as the month has gone on. While this bearish pressure is spreading across the crypto market, regulatory uncertainty is a further concern for ETH, causing negative sentiment towards the “king of altcoins.”Interestingly, the latest on-chain revelations show that significant amounts of Ethereum have flowed onto exchanges so far in March, leading investors to lose faith in the cryptocurrency's long-term promise. This suggests that there is a possibility thatAre investors losing faith in Ethereum?According to CryptoQuant data, over $913 million in net ETH transfers…
The derivatives arm of Coinbase, the largest US cryptocurrency exchange, plans to launch futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. Coinbase Derivatives plans to begin offering monthly cash-settled and margin futures contracts for cryptocurrencies after April Fools’ Day, according to letters filed with the U.S. Commodity Futures Trading Commission (CFTC) earlier this month. . DOGE, LTC, BCH futures trading According to Coinbase's letter, the company plans to list its futures contracts using a self-certification approach under CFTC Regulation 40.2(a). This route allows companies to launch new products without his CFTC's direct…
Bitcoin's price has fluctuated wildly over the past week, and its unpredictability has baffled the market. On March 14, 2024, the cryptocurrency hit an all-time high of $73,750.07, and bulls were in a mood to celebrate. Nevertheless, the bears were able to outsmart the bulls, and after falling as low as $61,000 at one point, the price stabilized at $64,581, down 12.55% from its all-time high. However, BTC is still showing strong results since last month and the beginning of the year, increasing in value by 26% and 133%, respectively. Due to its performance, experts and analysts predict that the…
At Karate Combat, professional fighters, former UFC champions, and crypto influencers face off in fast-paced battles with minimal rules, and over 40,000 users bet on who will win. The league has been playing games since 2018, but has gradually gained attention over the past year, all of which culminated in the latest match. There, beleaguered influencer Ben “Bitboy” Armstrong faced off against memecoin founder More Right. Harry Potter Obama Sonic 10 Dogs. Karate Combat's founders say they've found a way to avoid the huge upfront costs typically associated with starting a sports league by using lossless gambling, or what they…
BlockDAG is emerging as a beacon for investors in the changing crypto market, with Monero showing resilience after Binance delisting and MATIC coping with a downtrend. Positioned as a premier investment for 2024, BlockDAG’s ongoing presale promises unparalleled returns and is attracting attention from across the cryptocurrency spectrum. Due to the huge success of the previous batch, investors are rushing to buy BDAG in batch 4 at $0.0025. This massive craze meant that the batch sold out quickly within his day. MATIC faces downward pressure despite network upgrade Despite the ambitious Napoli hard fork aimed at reducing transaction fees, Polygon’s…
Last update: March 23, 2024 12:00 EDT | 2 minute read U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has criticized participants in the cryptocurrency industry for circumventing regulatory registration requirements. In the closing remarks, Lecture at Columbia University Law SchoolMr. Gensler emphasized the importance of disclosure obligations to market participants, referring to Supreme Court Justice Louis Brandeis's statement that “sunlight is said to be the best disinfectant.''Mr. Gensler expressed concern that some participants in the virtual currency securities market are attempting to circumvent registration requirements, resulting in a lack of disclosure requirements. He emphasized the need for transparency…
Solana Labs co-founder took a friendly stance on Ethereum volume after Sol DEX reached $50 billion in trade value. According to data released on Saturday, Sol DEX’s trading volume is now on par with Ethereum DEX as a surge in trading spurred trading volume. This is against the backdrop of the recent trend of significant expansion of the cryptocurrency market.SOL DEX trading volume hits record highSolana (SOL) blockchain DEX volume is currently at an all-time high. This increase is in line with the recent trend of the cryptocurrency market expanding significantly in a short period of time. This spike was…
The virtual currency market is experiencing a pullback after the major virtual currency, Bitcoin, hit a new all-time high. However, Ethereum (ETH) is not excluded from this downward movement.After hitting a year-to-date high of $4,094, Ethereum price has been trending lower, with the price trading below the 100-day moving average (MA) on both the 1-hour and 4-hour timeframes, which is Not so with frames. Will prices continue to fall or will they change direction and start rising? At the time of writing, Ethereum price is trading around $3,360, up 0.64% in the past 24 hours.Ethereum indicators and their implicationsLooking at…
(Bloomberg) — About 6,000 old Bitcoin mining machines in the U.S. will soon be idle and sent to a warehouse in Colorado Springs, where they will be refreshed and used by overseas investors looking to profit from mining in a low-cost environment. It will be resold to a buyer.Most Read Articles on BloombergWholesaler SunnySide Digital accepts equipment from mining clients and operates a 35,000 square foot facility. Some of the hundreds of thousands of older machines will be received and refurbished around his major quadrennial update of the Bitcoin blockchain.The event in late April, known as the halving, will reduce…
Metro by Catian Boniello issued March 23, 2024, 9:27 a.m. ET Max Hartman allegedly used hidden cameras to film his sexual encounters and subjected his wife to years of twisted sexual abuse. New York State Supreme Court New York County She alleges in her lawsuit that the cryptocurrency mogul subjected her to years of perverse sexual abuse. According to court documents, Max Hartman allegedly punished his wife in shocking ways when she did not have sex as requested. During one exchange, Hartman allegedly texted her to say she was not allowed to eat food he had bought for Chelsea's home,…