The cryptocurrency market started the week with gains as investors hoped for monetary easing from global central banks. CoinDesk reports this.
#BTC , the world's largest digital asset, rose almost 5% overnight to $67,300, and #etherum rose 4.7% to $3,400.
“Even though the market correction appears to be overdue, the medium-term outlook looks very positive for equities, residential real estate, gold, bitcoin, etc.,” says Blokland Smart Multi-Asset Fund founder Jeron Blokland.

There was a significant number of private key thefts in 2024, resulting in much higher losses compared to 2023.

There have been cases where hackers have stolen millions of dollars from individuals and companies such as Ripple and Wilder World.
This shows us the importance of protecting private keys to prevent financial losses in the Web3 space.

Given the high volatility of Bitcoin, traders are trying to select altcoins, investments in which can bring short-term profit. We invite you to familiarize yourself with the list of three coins costing less than $0.10 that can solve the above problem.

Radix (XRD)
The first of these is Radix (XRD), a layer 1 blockchain cryptoasset that serves as a connecting platform for decentralized finance (DeFi) application developers. His team recently announced the launch of Project Ignition, designed to increase the liquidity of major cryptocurrencies on the platform.

After falling more than 6% over the past 24 hours, the total cryptocurrency market capitalization stabilized at around $2.44 trillion on Wednesday. A healthy correction in the cryptocurrency market has provided investors with several opportunities to buy the dip, led by Bitcoin (BTC) and Ethereum (ETH).

Market leader #BTC has seen significant growth over the past few weeks, significantly increasing the value of its portfolio. In addition, on March 14, the price of BTC successfully reached a new all-time high of $73,750.
Since then, the price has continuously traded under bearish influence, indicating a trend reversal in the market. Bitcoin's price has recorded a loss of about 17% over the past seven days, making it the biggest correction this year.

History Highlights
Selling pressure on #BTC is intensifying as the price hits new intermediate lows below $62,000, recording a drop of over $11,000 in just 5 days. Despite this, market participants remain optimistic about further developments and believe that the BTC price is on the brink large-scale explosion.

Over the past few weeks, Reddit Points tokens have received a lot of attention from the crypto industry. Despite recording a correction of around 20% over the past 24 hours, Reddit-based tokens have seen remarkable gains this month.

r/CryptoCurrency Moons (MOON)
MOON price traded in a closed range between $0.0927 and $0.166 for a short period before the bulls regained momentum and successfully broke through the resistance level. After this, the price traded between $0.166 and $0.257 over the next three weeks.

The cryptocurrency is expected to pick up momentum once the Bitcoin price establishes a solid support level in the coming weeks. The second wave of the altseason is expected to materialize in the near future. In the recent past, the surge in memecoin frenzy has attracted significant attention from new investors

In today's crypto trend, devastation is associated with memories of mining based on #Solana . These coins, associated with internet memes and exchanged on the blockchain, are causing controversy in one mass market. Some see them as a means of fraud, but others see them as opportunities for big profits. However, the current hype around the recently released Slerf and Book of Meme coins appears to be waning as they lose consumer demand due to heavy pumping.

Over $500 million worth of cryptocurrency positions were lost in just 24 hours, sending crypto markets into a tailspin as prices for #BTC plummeted. That has left many investors questioning the future of their investments, wondering whether the correction will be as short-lived as experts say.

The Japan Government Pension Investment Fund (GPIF), one of the world's largest pension providers, has recently expressed interest in exploring Bitcoin. On March 19, GPIF unveiled plans to develop a new long-term investment policy aimed at adapting to rapid technological change and shifts in traditional finance.

On March 18, capital outflows from the Grayscale Bitcoin Trust ETF (GBTC) reached a record level since the derivative's introduction on January 11.
On Monday, the fund created by Grayscale lost $642.5 million, and since February 29, the capitalization of this investment instrument has decreased by $12.4 billion.
At the same time, the volume of funds invested in iShares Bitcoin Trust (IBIT) increased by $451.5 million, but the remaining funds managed to attract a maximum of $17.6 million. That is why the size of investments in all Bitcoin ETFs combined decreased by $154.3 million.

What's happened? At the end of last week, activity on the Ethereum network showed significant growth, with some on-chain indicators setting highs over the past 12 months. Thus, on March 17, the number of active and new addresses #Ethereum jumped to a yearly maximum of 563,550 and 121,800, respectively. Additionally, on the same day, daily transaction volume exceeded $7.2 billion.

Dave Ramsey, author of the bestselling book Show Me the Money, positions himself as an expert in wealth management, calling himself "America's trusted voice with money." On an episode of The Dave Ramsey Show, the author addressed the topic of locking when answering a user's question: Could a queue be a confidential asset that allows him to offer up to 5% of his investment portfolio?

A cryptocurrency trader known as Nick reported that pre-sales of meme tokens on the #Solana network have reached crazy levels.
This is the real height of dementia. Invest $180,000 and $90,000 in meme cryptocurrencies. It's absolutely crazy that we're still at this stage of the market,” Nick wrote.

The sudden drop in Bitcoin's value led to the liquidation of more than $661 million worth of cryptocurrency positions in a single day. With such sharp fluctuations in the market, there may be opportunities to invest in cryptocurrencies with high profit potential. Some tokens cost less than a cup of coffee and can generate significant returns in the long run.

State Duma deputies may approve bills to regulate cryptocurrencies in the country as early as the spring session. Therefore, the authorities thought about the possibility of using the confiscated cryptocurrency. Currently, their storage is organized like the storage of ordinary physical evidence, but with the help of a centralized cryptocurrency platform, the state will be able to manage the entire volume of digital assets. That is, after the confiscation of cryptocurrencies, investigators will transfer them to a new government platform.

The London Stock Exchange plans to accept bids for exchange-traded bonds backed by bitcoin amid growing investor interest.
Amid the recent rise in Bitcoin prices and growing investor interest, the London Stock Exchange (LSE) has announced its plan to begin accepting applications for admission of Bitcoin-backed Exchange Notes (ETNs) in the second quarter of 2024.

Samson Moe emphasized that the “maximum pain theory” is the key factor that pushed Bitcoin to $1 million “within days or weeks.”
Samson Moe, CEO of Jan3 and a prominent proponent of #BTC , recently reiterated his bullish stance on Bitcoin, highlighting his “maximum pain theory” as a key factor supporting his prediction. Moe foresees a meteoric rise in Bitcoin's value, confidently declaring that the digital asset will reach $1 million within "a few days or weeks."

The bill was introduced by a group of deputies led by the chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov. According to the document, the Central Bank will be obliged to assess the risk of questionable transactions of digital ruble clients and classify each user, with the exception of banks, into one of three risk groups.