🚨🚨Big news forecast for 2030🚨🚨
-Shib $8
-Pepe $ 5
-XRP $ 55
-HOLE $184
-DOZH $ 255
Disclaimer: Of course, it is important to exercise caution when considering investment decisions based on speculative forecasts, especially those that lack reliable analysis. Relying on unfounded forecasts, akin to guessing from inexperienced people, can lead to incorrect investment strategies. Before committing funds, it is necessary to conduct thorough research and analysis to reduce risks and make informed choices in the cryptocurrency market. Novice investors are often tempted by underperforming assets, seeking confirmation from external sources due to a lack of understanding of market dynamics.
Therefore, it is imperative to prioritize education and comprehensive understanding before engaging in cryptocurrency investments. If you've come across this kind of speculative content, I'm willing to discuss it further.

Lookonchain data shows that the whale made a profit of SOL 18,986 ($3.6 million) in just 15 minutes by trading SMOLE. Keith spent 18,460 soles ($3.5 million) to buy 22.21 billion SMOLE within one second of SMOLE trading opening, and then sold it for 37,446 soles ($7.1 million).
#SOL

WeChat for Cryptocurrency: Interview with Backpack Co-Founder Tristan Iver

WeChat for Cryptocurrency: Interview with Backpack Co-Founder Tristan Iver
Ethereum
ETH

NFT
NFT

Solana
SOL

Anchor
ANCT

Encrypted RU
By Incrypted EN

•
13 min read
WeChat for Cryptocurrency: Interview with Backpack Co-Founder Tristan Iver
The “renaissance” of the Solana blockchain began at the end of 2023 and is still ongoing. More and more projects are appearing in the ecosystem, some of which offer an innovative approach to products already familiar to the cryptocurrency industry.
One of them is Backpack, which is structured to include a non-custodial wallet, a centralized exchange, and a collection of non-fungible tokens using the new xNFT standard.

The Incrypted team spoke with Backpack co-founder Tristan Iver. We talked about the development of the project, the specifics of attracting funding in the crypto industry, the impact of the FTX collapse on business and the potential possibility of launching a token.

March 17, 2024, 02:53 (UTC). According to Binance Market data, BNB broke through the $590 mark and is now trading at $590.200012, down 4.30% in 24 hours.
#BNB

Earlier this week, Bitcoin's market capitalization exceeded US$1.4 trillion, surpassing the value of silver and making it the eighth most valuable asset in the world.
#BTC #EFT #SOL

#Bitcoin price has fallen below $68,000

On Friday, March 15, quotes of the first cryptocurrency fell to below $68,000. Over the course of a day, the asset fell in price by almost 8%, according to CoinGecko.

BTCUSDT_2024-03-15_09-17-51
BTC/USDT hourly chart of the Binance exchange. Data: TradingView.
With the flagship correction, leading altcoins also found themselves in the red zone. The exception was Solana.

Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-4
Data: CoinGecko.
The total market capitalization fell to $2.7 trillion, losing 6.4% per day. BTC dominance index - 49.2%.

In 24 hours, positions worth $681 million were liquidated on the Bitcoin options market, according to Coinglass.

Greeks.live experts noticed that digital gold fell during the American trading session, while growth was observed during Asian trading hours. In their opinion, bullish sentiment has cooled somewhat after the cryptocurrency reached another high.
#BTC

TOP 3
#ETH #BNB #ADA
1. Ethereum (ETH): Ethereum was created by Vitalik Buterin in 2015 and quickly became one of the most popular cryptocurrencies in the world. It offers the ability to create smart contracts, which allows developers to create decentralized applications on the blockchain. Ethereum is also the basis for many other cryptocurrencies and projects.

2. Binance Coin (BNB): BNB was launched by the Binance exchange in 2017 and was initially used to pay fees on the platform. Over time, it has become widely accepted in the cryptocurrency world and has been used for various purposes such as exchanging assets, participating in Initial Exchange Offerings (IEOs), and participating in DeFi projects.

3. Cardano (ADA): Cardano is a blockchain platform developed by the Input Output Hong Kong (IOHK) team led by Charles Hoskinson, one of the co-founders of Ethereum. It offers a unique Ouroboros consensus mechanism, which ensures the security and efficiency of the network. Cardano also strives to ensure the long-term sustainability and governance of the blockchain.

#

Eric Balchunas, senior exchange-traded fund analyst at Bloomberg, said Bitcoin ETFs could overtake gold ETFs in terms of investment volume. According to him, the only obstacle on this path could be a “black swan” event, writes The Block.

Spot exchange-traded funds continue to accumulate bitcoin at a record pace. The value of assets under management of ten spot ETFs reached $60 billion, which is approximately 4.21% of the volume of all existing coins.

Balciunas compared the rise of Bitcoin ETFs to “big momentum” (The Big Mo). This expression means that something is quickly gaining popularity and this momentum pushes it to further growth.

The expert also compared Bitcoin to an election campaign, where a candidate who has gained an initial “margin of safety” can break away from his rivals due to positive reviews and media attention.

According to Balciunas, the higher the price of the first cryptocurrency and the hype, the more people become interested in Bitcoin. This leads to an increase in the inflow of funds into Bitcoin ETFs, which, in turn, further increases the price of Bitcoin.

#BTC

How Bitcoin’s hike above $72K changed investors like youBTC’s recent price surge has led to a notable change in market sentiment.
LTHs have started distributing their holdings for profit.
Bitcoin’s [BTC] recent rally above the $72,000 price region has pushed market sentiments into the ‘Euphoria Zone,’ Glassnode found in a new report.

Historically, this phase has been accompanied by new highs in the coin’s value and realized price and a shift in investor behavior.

At press time, the leading crypto asset exchanged hands at $72,970. In the last week, its value has rallied by 10%, according to CoinMarket’s data.

Glassnode also took a look at the coin’s realized price, which tracks the average price at which all coins in circulation were last bought or sold.

Notably, the realized price has been growing by $54 billion per month.

According to Glassnode, the recent growth in BTC’s realized price mirrors the surge observed during the general market rally in early 2021. It depicts a considerable inflow of liquidity into the current market.

Glassnode said,

“The Realized Cap is currently increasing at a rate of $54B/month, approaching levels last seen during the run-up in early 2021. This highlights just how significant the capital inflows have been for Bitcoin, driven in part by the tremendous success and demand for the new US ETF products.”

BTC Realized Price

Change in investor behavior
BTC is now trading at its fourth cycle all-time high. Inasmuch, there was an uptick in the amount of wealth that the ‘young coins’ held.

For the uninitiated, these are coins that have changed hands within the last three months.

According to Glassnode, BTC bull cycles are typically marked by a “transfer of wealth from old to young.”

This occurs as investors who acquired their coins at lower prices several months or years ago see the new highs as an opportune moment to distribute for profit.

#BTC

MicroStrategy will issue $500 million in bonds maturing in 2031.
This is the second issue in March 2024.
The company plans to spend the money on investing in Bitcoin.
The firm's unrealized profits reached $8.1 billion.
MicroStrategy announced the issuance of senior convertible notes in the amount of $500 million. This is the second issue recently.
Let us remember that here we are talking about debt securities, the holders of which will receive a certain advantage in the event of liquidation of the company.

According to the official press release, the bonds mature on March 15, 2031. Interest on them will be paid once every six months starting from September 15, 2024. The first redemption date is March 22, 2028.

It is noteworthy that the company noted that it reserves the right to choose the form of repayment of bonds. This could be fiat or MicroStrategy shares.

“We intend to use the net proceeds from the sale of the notes to purchase additional Bitcoin and for general corporate purposes,” the release said.

This is the company's second issue recently. In early March 2024, MicroStrategy announced the issuance of $600 million in bonds maturing in 2030.

Vitalik Buterin shared his visions for the future of Ethereum and the prospects for the cryptocurrency world in an interview:

▪️According to him, the future of Ethereum is related to the creation of an independent open technology stack. This stack should be so powerful that it can compete with giants like Google and Twitter.

▪️Buterin emphasizes the need for continuous development of Ethereum. He doesn't want the network to simply rest on its laurels and calls for a constantly innovative approach to solving new and old problems.

▪️He also mentioned the interesting Farcaster protocol, which is reminiscent of Twitter and is built on the OP mainnet.

▪️Vitalik expressed satisfaction with the development of the DeFi industry and noted that NFT is a relatively new phenomenon that brings novelty to the cryptocurrency world.

▪️He emphasized the importance of more decentralized and secure cryptography-based solutions that should preserve privacy compared to the current Web2 environment.#Etherrum