Ethereum fees spike as the network prepares for Dencun
The recent rise in price and volume of Ethereum has caused reactions in fees.
Recently, Ethereum’s [ETH] transaction fees have surged. This increase aligns with the ongoing upward trend in the asset’s price and the network’s preparations for an upgrade to reduce fees in the ecosystem. An examination of transaction fees on the Ethereum network indicates a continuous increase since the beginning of March. According to the chart on Glassnode, fees at the start of the month were approximately 6,300 ETH. At the time of this writing, fees have surged to over 9,000 ETH, marking the highest range observed in over ten months. The fee escalation aligns with the observed rise in transaction volume over the past few weeks. It also coincides with the Ethereum developers establishing a date for the latest update. Source: Glassnode The Ethereum ... Full Article 👇 AI Analysis 👇#TrendingTopic #ai #WLD #BTC #Launchpool
Hedera, Optimism, and Pullix see uptick in trading amid volatility
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a shift from typical market reactions, Hedera (HBAR), Optimism (OP), and Pullix (PLX) experience increased trading volumes, highlighting sustained investor interest despite price volatility. Hedera and Optimism showcase significant trading activity, while newly listed DeFi coin Pullix joins the trend with notable momentum, with nearly $3 million in trading volume recorded 48 hours after its listing on Uniswap. Hedera token is currently experiencing a daily trading influx of over 119.65%. This significant increase is attributed to its strong community support, which gives the token an 86% bullish rating. Subsequently, Hedera’s price has increased by over 13.21% in the past 7 days and by... Full Article 👇 AI Analysis 👇#TrendingTopic #HalvingHorizons #BTC #FET #Write2Earn
Polygon (MATIC) Breaks Above the Decessive Phase: Here are the Targets for the Current Bull Run
The MATIC price underwent a strong breakout after consolidating for over a year, indicating the token to be at the foothill of a massive explosion The price experienced excessive compression, which could result in a huge upswing beyond the current ATH close to $3 Polygon is considered one of the strongest tokens in terms of fundamentals, with a quick recovery after a bearish pullback. The token did plunge below $1 during the latest bearish attack but managed quickly to regain the levels above. With this, the price has surged above the pattern that was stuck within a decisive phase, signalling the beginning of a fresh bullish move. The price is rising at times when the volume has plunged by nearly 50% compared to the previous day. Does this indicate a halt in the bearish activity? If yes, will it ... Full Article 👇 AI Analysis 👇#TrendingTopic #HalvingHorizons #BTC #ai #Write2Eam
Did Elon Musk Buy More Bitcoins? Here’s What Data Reveals
Tesla’s Bitcoin wallet shows an increase from 9,720 BTC as reported in its last earnings report, to 11,509 BTC. Reports from Arkham Intelligence suggest that Tesla Incorporation has acquired 1,000 Bitcoins since their last acquisition of BTC in 2021. However, Musk and Tesla have yet to comment on these speculations, as per Arkham Intelligence’s report. Previously, Tesla surged its Bitcoin holdings in January 2021 with a purchase of $1.5 billion. Tesla reportedly held 9,720 BTC in 2023. Tesla’s previous sale of BTC coincided with Bitcoin’s market movements. Looking into the current situation, the crypto community is curious about Musk’s renewed interest in Bitcoin. Additionally, Elon Musk’s involvement in cryptocurrency extends to SpaceX, holding Bitcoin on its balance sheet. Tesla’s Stock Decline Amidst Chinese EV Market Challenges While ... Full Article 👇 AI Analysis 👇#TrendingTopic #HalvingHorizons #BTC #Write2Earnn #Launchpool
Nigeria’s SEC proposes guidelines for crypto firms to fight criminals
The Nigerian securities regulatory authority has introduced new guidelines for crypto service providers. According to local reports, Nigeria’s SEC is moving to block criminals from interacting with the capital markets. New SEC guidance will ensure that criminals are not registered as operators in the capital markets, although it is unclear how criminality will be investigated. The guidance, which includes anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, aims to prevent criminals from accessing the country’s capital market. “The SEC has also developed a new AML/CFT/CPF onboarding manual for licensing/registration and ongoing screening of Digital and VASP Beneficial Owners to ensure that criminals are not registered as operators in the capital market.” The restrictions come amid an ongoing investigation... Full Article 👇 AI Analysis 👇#TrendingTopic #BTC #BTC #HalvingHorizons #Launchpool
Best AI Coins to Buy – MEMEAI Hits Top Trending Cryptos, SCOTTY Presale Raises $3 Million
Another AI boom is arising, presenting massive opportunities for quick-witted traders to harness the trend. Meme AI has been one of the best performers today, benefiting from the market’s appetite for AI and meme coins. Scotty the AI is also gathering pace as it crosses the $3 million mark at presale. Will this be the next AI token to explode? Meme Ai’s position at the intersection of the AI and meme coin markets has enabled it to soar this week. An exponential AI market boom is expected as Nvidia prepares for its Game Developer Conference in March. “AI tokens will pump even harder leading up to the Nvidia AI conference for developers on 18-22 March. Full send!” said analyst Crypto Coach on X. Yet, with countless AI tokens to choose from, the market is favoring AI related meme projects, given the sector’s ... Full Article 👇 AI Analysis 👇
Floki Inu [FLOKI] has been the center of attention for quite some time now, as its price has spiked substantially. In the meantime, the meme coin passed an important proposal that might have a large impact on its price. The last 24 hours were flourishing for FLOKI, as its value surged. According to CoinMarketCap , the meme coin was up by more than 10% over the last day. At the time of writing, FLOKI was trading at $0.0001427 with a market capitalization of over $1.3 billion. While the coin’s price rose, the community voted for an important proposal, which will soon result in a burning episode of a large number of FLOKI tokens.
To be precise, 190,918,585,431.84 FLOKI tokens will be burned. To check the worth of those tokens, we used AMBCrypto’s ... Full Article 👇 AI Analysis 👇#TrendingTopic #pepe #DOGE #BTC #Write2Eam
Robert Kiyosaki Thanks Bitcoin for Challenging US Dollar and Restoring ‘Integrity’ to Money
Rich Dad Poor Dad author Robert Kiyosaki has thanked bitcoin for “kicking the fake U.S. dollar’s butt and bringing integrity back to money.” Kiyosaki has recently been more vocal in urging investors to buy bitcoin. He expects the price of the cryptocurrency to reach $100,000 by June of this year, cautioning that gold may experience a significant price decline. Robert Kiyosaki Thanks Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, made a statement on social media platform X Wednesday regarding bitcoin as an alternative currency to the U.S. dollar. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #WIF #BTC #Write2Eam
Introducing Fountain Radio: A Community Station For Music
In the last year, artists have started publishing their music to bitcoin enabled RSS feeds so that fans can support them directly as they listen on apps like Fountain. Under the value for value system, music is made freely available everywhere and fans can pay as much or as little as they want. This gives independent artists the opportunity to earn much more than the $0.003 they get for every stream on Spotify. This model may well be the answer to the problematic streaming royalties system used today in the music industry. However, the music still needs to be discovered by listeners before they begin to see payments come through. Many of these artists are getting exposure when their tracks are featured in music podcasts, or make their way into the music charts. However we still need more discovery tools to help new releases reach a large ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #WIF #sol #Write2Eam
The Worldcoin (WLD) cryptocurrency token created by Sam Altman sunk 5% after a lawsuit from billionaire Elon Musk against OpenAI. Billionaire Elon Musk filed a lawsuit against OpenAI and its CEO, Sam Altman, on March 1, in what Reuters is reporting as an accusation by the tech mogul that OpenAI has been engaging in unfair business practices, breach of fiduciary duty, and breach of contract. According to CoinMarketCap data, over the past 24 hours, the WorldCoin token, which is backed by Altman, has fallen by almost 5% to $7.53. A reduction in the trading volume of the token accompanied the fall of 40%, indicating that traders may await a price correction. The billionaire is seeking an injunction against OpenAI, Altman, and company co-founder Greg Brockman from profiting from “AGI”, by which Musk means ChatGPT-4. The lawsuit states that previous iterations ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #WIF #sol #Write2Eam
$673,400,000 of Inflows Pour Into Bitcoin ETFs in a Single Day As Financial Titan BlackRock Leads the Pack
New data reveals that spot market Bitcoin (BTC) exchange-traded fund (ETF) inflows have reached a new all-time high as the crypto king pushes near the $64,000 price tag for the first time in years. According to the analytics arm of crypto exchange BitMEX, driven by asset management titan BlackRock, Bitcoin ETFs saw over $673 million worth of net inflow in just a single day – setting a new record. “Bitcoin ETF Flow – 28th Feb 2024. All data in. Today was a record inflow day, with $673.4 million of net inflow. This was driven by Blackrock, which also had a record day, with $612.1 million of inflow.” Other spot market Bitcoin ETFs that saw significant inflows include Fidelity, BitWise, and Cathie Wood’s ARK Invest, according to the data. However, the data shows that Grayscale’s BTC ETF (GBTC) is ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #ETH #Write2Earn
El Salvador’s Bitcoin profits rise 40%, but Bukele says ‘we won’t sell’
El Salvador remains determined in its decision to hold onto the Bitcoin holdings.
Under the leadership of President Nayib Bukele, El Salvador’s Bitcoin [BTC] holdings have flourished. From its initial acquisition of 700 BTC, the nation’s holdings surged to 2,798 coins by January, now boasting a remarkable value of $130.5 million. Amidst this financial milestone, President Bukele’s bold move caught attention across the global financial landscape. Taking to X (earlier Twitter), he declared, “We won’t sell, of course; at the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” This proclamation marks a continuation of El Salvador’s strong stance since September 2021, when it captured international attention by integrating Bitcoin into its national strategy. Unfortunately, some doubted El ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #BONK #Write2Eam
Top Reasons Why Polygon (MATIC) is the Best Bet in 2024
Polygon’s native cryptocurrency, MATIC, is poised for a significant surge in 2024, with several factors converging to drive its price higher. As the crypto market is poised for a bull run in 2024, MATIC’s unique positioning as an Ethereum Layer 2 solution and its recent fundamental developments are setting the stage for a potential bull rally. Recent developments showcase Polygon’s fundamental strength. Completing Polygon’s vesting contract, resulting in zero inflation, marks a crucial milestone. The absence of new tokens entering circulation eliminates a potential source of selling pressure and positions MATIC favorably in the market. Additionally, the recent surge in Ethereum ecosystem tokens, fueled by Uniswap’s fee switch announcement, has positively impacted MATIC. As Ethereum’s Layer 2 scaling solution, Polygon is reaping the benefits of... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #BONK #Write2Eam
This Altcoin May go 20x to 200x in the Upcoming Rally Outperforming Many Cryptos in the Market!
With market sentiments varying from being neutral to greedy and now extreme greed, the altcoins are also slowly gearing up to display a strong upswing The Cardano price has just reversed the trend and may soon initiate a fresh upswing to outperform Bitcoin and Ethereum The crypto market surge has become the most trending topic ever since the Bitcoin price reached a high of $64,000. With this, many altcoins within the AI and DeFi sectors have soared, with the memecoins facing tough competition. In the meantime, the altcoins within the top 10 have been trying hard to achieve levels above their respective resistances. Cardano, the third-gen crypto, is about to trigger a 20x rally soon. The price of ADA is still very low compared to BTC, as the latter is poised to hit a new ATH in the coming days while the... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #BONK #Write2Eam
Scotty the AI, SMOG, and Bitcoin Minetrix: Three Interesting Alternatives to Bitcoin, Ethereum, and Other Major Altcoins
The crypto market is full of enthusiasm at the moment, what with the great gains being made by tokens. It really seems like 2024 may be a landmark year for crypto – and not just in terms of price growth, but also new ideas coming to the table. This is why some tokens are proving to be strong choices over major tokens like Bitcoin, Ethereum, and others. Among these tokens are Scotty The AI (SCOTTY), Smog (SMOG), and Bitcoin Minetrix (BTCMTX). We give you the complete rundown on all of these tokens, including their features and general ecosystem. Scotty the AI (SCOTTY) is portrayed as the “Guardian Of The Crypto Universe,” narrating an intriguing tale that delves into the origins and duties of this crypto guardian in the digital domain. This project stands out due to its ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #BONK #Write2Eam
MicroStrategy’s Bitcoin Bet Is Paying Off Big, Delivering 2x Returns
MicroStrategy’s Bitcoin holdings have become a major success, showcasing a strategy that has propelled the company to impressive unrealized gains. Co-founded by Chairman Michael Saylor, the business intelligence firm’s bold move into Bitcoin since 2020 has been a masterclass in foresight and conviction, especially during a time when the asset class was still considered the ‘Wild West of Finance.’ Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #BONK #Write2Eam
Understanding Why Shiba Inu Falls Short Compared to BEFE Coin
After the long, depressing winters of the last two years, crypto is finally on the rise again. The market regained its momentum this year, with investors finally feeling relieved. However, things are gradually taking a negative turn for Shiba Inu, which has previously proved to be one of the most bullish coins with upward price trends since its launch. But, now Shiba Inu is also facing price saturation. With the onset of new coins in the ever-volatile crypto market, Shiba Inu is losing its market grip, leading to a decline in its price. The initial hype-based marketing and bubble phase is now near its end, restoring this crypto to its base level price. Hence, the current reality is that investors are careful while investing in Shiba Inu’s $SHIB and similar doggy coins. After its birth in Aug 2020, Shiba Inu initially gave a 9100,000 % ... Full Article 👇 AI Analysis 👇#TrendingTopic #Portal #BTC #BONK #Write2Eam
The market is continuing an up trend in high time frames. When looking at the 1h chart, there is a big chance to take a small correction and take a dump at 0.04762 and take a support and continue the up trend... Otherwise, if you continue the up trend, if you break the 0.05194 resistance zone, you can get an up movement up to 0.05515... Let's go to a good long 🟢 entry after watching the bullish candle that we have marked by monitoring the support zone.