Cryptocurrency news

• Injective’s EVM Layer 2 Targets Ethereum, Cosmos, Solana; AI Crypto Aiming to Surpass Injective

  16-03-2024 17:00 via coinjournal.net
  
  The blockchain space is in fierce competition for developer mindshare, particularly with the rise of Layer 2 solutions and after the recent SEC decision on Bitcoin ETF.
  Injective Labs, the team behind the high-speed Injective Protocol, recently entered the fray with the launch of inEVM, its very own Ethereum Virtual Machine (EVM) Layer 2 roll-up. But Injective isn’t the only emerging crypto project making headlines. A new blockchain ICO contender, InQubeta (QUBE), is generating buzz with i
  
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• r/CryptoCurrency Moons (MOON): Does the Reward Outweigh the Risks? - InvestorsObserver

  16-03-2024 15:43 via news.google.com
  r/CryptoCurrency Moons (MOON): Does the Reward Outweigh the Risks?  InvestorsObserver
  
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• NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn – Markets and Prices Bitcoin News - Bitcoin.com News

  16-03-2024 15:30 via news.google.com
  
  NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn – Markets and Prices Bitcoin News  Bitcoin.com News
  
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• Grayscale Submits Revised Application For Ethereum Spot ETF – What’s New?

  16-03-2024 15:00 via newsbtc.com
  
  Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC).
  Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues
  According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm has revised its 19b-4 form for an Ether spot ETF. Salm claimed that this move was “important” in an effort for Graysc
  
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• Bitcoin: Become a “Certified Cryptocurrency Expert,” or CCE for $229 - Bloomberg

  16-03-2024 15:00 via news.google.com
  
  Bitcoin: Become a “Certified Cryptocurrency Expert,” or CCE for $229  Bloomberg
  
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• Massive Surge in Cryptocurrency Funds and US Stock Inflows - Coinpedia Fintech News

  16-03-2024 14:15 via news.google.com
  Massive Surge in Cryptocurrency Funds and US Stock Inflows  Coinpedia Fintech News
  
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• XRP Records Massive 80% Surge In Trading Volume – Can Price Reach A New ATH?

  16-03-2024 14:00 via newsbtc.com
  
  XRP continues to show strength despite largely underperforming during the ongoing bull market. Interestingly, the crypto witnessed a surge in activity last week, with trading volume surging in tandem. Particularly, the trading volume saw an increase of over 80% recently. 
  However, the boost in activity and trading volume has not necessarily translated into continuous price growth, as XRP is currently on a 13% percent correction from the $0.74 price level on Monday.XRP Trading Volume Surges,
  
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• Crypto Carnage: Over $800 Million Wiped Out In Market Plunge

  16-03-2024 12:00 via newsbtc.com
  
  The recent market plunge has sent shockwaves through the crypto industry, resulting in hundreds of millions in dollars being wiped out in a matter of hours.
  The price of Bitcoin has retreated violently to a weekly low of $67,500 after a few days of showing remarkable advances and setting new all-time highs.
  The altcoins have experienced a significant decline as well, resulting in nearly 200,000 traders making liquidations during the last 24 hours.
  The weekend brought a tremor to the cryptocurren
  
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• The Ultimate Cryptocurrency to Buy With $1,000 Today - Yahoo Finance

  16-03-2024 10:50 via news.google.com
  
  The Ultimate Cryptocurrency to Buy With $1,000 Today  Yahoo Finance
  
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• Analyst Expects Bitcoin Price Correction To Persist, Targets $57,000 Support

  16-03-2024 09:50 via newsbtc.com
  
  Bitcoin (BTC) has drawn much attention in the last few weeks, with a stunning price surge leading to a new all-time high of $73,750. Largely defined as the pre-halving rally, BTC’s bolstering gains have been followed by significant price correction, with the crypto market leader trading as low as $65,630 on March 15. 
  While the cryptocurrency may have picked up some minor gains in the last 12 hours as it attempts a market recovery, popular analyst Michaël van de Poppe has release
  
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• Shiba Inu Is Skyrocketing: Is It a Top Cryptocurrency to Buy Right Now? - Yahoo Finance

  16-03-2024 09:38 via news.google.com
  
  Shiba Inu Is Skyrocketing: Is It a Top Cryptocurrency to Buy Right Now?  Yahoo Finance
  
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• Shiba Inu Is Skyrocketing: Is It a Top Cryptocurrency to Buy Right Now? - The Motley Fool

  16-03-2024 09:38 via news.google.com
  
  Shiba Inu Is Skyrocketing: Is It a Top Cryptocurrency to Buy Right Now?  The Motley Fool
  
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• Sell Sign Ignites Speculation: Solana Fate Hangs In The Balance?

  16-03-2024 07:43 via newsbtc.com
  
  Solana (SOL), the high-speed blockchain darling, has entered a tug-of-war between technical indicators flashing red and a market sentiment surging with exuberance. This paradox leaves investors wondering: is a price correction imminent, or is Solana poised for a major breakout?Solana Faces Technical Headwinds
  Technical analysts are raising red flags. Ali Martinez, a prominent analyst, identified a sell signal on Solana’s daily chart using the TD Sequential indicator. This indicator has a h
  
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• Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000

  16-03-2024 07:00 via newsbtc.com
  
  The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday. 
  Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations to meet the challenges posed by a reduction in revenue due to the upcoming April halving event. 
  Bitcoin Miners Brace For Post-Halving Sha
  
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• Surge Alert: Bitcoin’s Futures Basis Climbs To New Heights, What This Means For BTC

  16-03-2024 06:00 via newsbtc.com
  
  Bitcoin’s futures market is showcasing signs that have historically signalled bullish sentiment. Analysts are turning their attention to the Bitcoin futures basis—a metric representing the differential between the futures price of Bitcoin and its spot price.
  Recent data has revealed that this basis has escalated to unprecedented levels since Bitcoin’s all-time high of $69,000 in November 2021.Bullish Indications From Bitcoin Futures
  Deribit’s Chief Commercial Officer, Luu
  
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• United States Dominates Global Crypto Market With Massive $9.3 Billion In Profits

  16-03-2024 05:00 via newsbtc.com
  
  In a recent report by market intelligence firm Chainalysis, it has been revealed that global crypto gains in 2023 amounted to a staggering $37.6 billion. This profit surge reflects improved asset prices and market sentiment compared to 2022. 
  Although this figure falls short of the $159.7 billion gains witnessed during the 2021 bull market, it signifies a significant recovery from the estimated losses of $127.1 billion experienced in 2022.
  Sharp Surge In Crypto Gains
  The report suggests tha
  
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• Bitcoin FOMO: Over 533,330 Addresses Bought Above $70,180

  16-03-2024 04:00 via newsbtc.com
  
  On-chain data suggests more than 533,330 addresses FOMO’d into Bitcoin above $70,180. Following the latest plunge, these investors would all be in losses.
  Over 500K Bitcoin Addresses Have A Cost Basis Between $70,180 & $71,340
  As pointed out by analyst Ali in a post on X, many investors have bought at the recently high price levels. Below is the chart shared by the analyst that shows how the distribution of the BTC supply looks right now across the various price ranges.
  The data is fro
  
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• Behind The Scenes Of Shiba Inu 12% Plunge: What On-Chain Analysis Tells Us

  16-03-2024 03:00 via newsbtc.com
  
  Shiba Inu (SHIB), a popular memecoin, has experienced a notable decline. It dropped nearly 20% over the past week and continued a 13% fall in just the past 24 hours. This downturn occurs amid a broader bearish trend across the crypto landscape.
  However, detailed on-chain analysis has uncovered specific factors contributing to SHIB’s sharp decline.Whale Movements And Market Influence
  Insights from IntoTheBlock have shed light on large transaction activities, often indicative of “whale
  
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• Key Trend Driving Altcoin Market Toward $425 Billion: Analyst

  16-03-2024 01:30 via newsbtc.com
  
  Amid the bullish sentiment around the crypto landscape, the Altcoin overall market cap has displayed positive strength as many investors and traders are throwing capital into several altcoins ahead of the bull cycle. 
  Altcoin Market To Rally Toward $425 Billion
  Since Bitcoin has surged to a new record high, many cryptocurrency analysts anticipate a surge in the altcoin market cap. Rekt Capital, a cryptocurrency expert and trader, has shared a positive prediction regarding the altcoins marke
  
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• Crypto Analyst Predicts Further Upside For Shiba Inu, Here’s The Target

  16-03-2024 00:00 via newsbtc.com
  
  Shiba Inu is currently on a consolidation path after a strong upswing earlier in the month. Specifically, SHIB is currently down by 13% in the past seven days, although still up by 210% in a wider 30-day time frame. According to crypto analyst Javon Marks, Shiba Inu is on its way to another major breakout after the current consolidation. The analyst sees the meme coin surging to $0.000081, and then a further 90% increase to hit a new all-time high.
  Continued Uptrend For Shiba Inu
  Shiba Inu has s
  
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