Crypto News Updates

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According to on-chain data, a Satoshi era wallet has suddenly moved 500 BTC. The Bitcoin wallet last transacted when the BTC price hovered near $8. On-chain data shows a Bitcoin wallet that last transacted nearly 12 years ago has suddenly moved all 500 BTC it held. According to data Lookonchain shared on March 30, the said wallet had been inactive since July 2012. The last transaction that sent the 500 BTC to the wallet was at a time when Bitcoin price was a mere $8, Lookonchain noted. A wallet that had been dormant for 11.7 years transferred all 500 $BTC ($34.78M) to multiple new wallets. This wallet received 500 $BTC ($3,786 at the time) on Jul 14, 2012, when the price of $BTC was only $7.57. Address: 1LUDXsAT6fQypinRbqVKatMiAbv6o9HjBc pic.twitter.com/zP3A3GlQHT — Lookonchain (@lookonchain) March 30, 2024 While the wallet owner’s identity is unknown, the transfer to new addresses comes as Bitcoin price hovers around $70k. The benchmark cryptocurrency reached a new...

Litecoin price reached $110 on Friday, its highest level in over nine months. A popular crypto analyst says the macro downtrend for LTC may be over. Litecoin (LTC) currently trades around $104. But earlier in the day, LTC price hovered just above $110, its highest level since last July. LTC price reached an all-time high of $410 in May 2021. While current prices remain way off that peak, Litecoin’s latest bounce sees analysts predict what could be next. Litecoin touches $110: Is LTC set for vertical gains? Before LTC soared more than 15% on Friday, bulls had found it hard to break the psychological $100 level. Now with price hovering above the mark, a popular crypto analyst says Litecoin price could extend gains if bulls achieve a monthly close at $122.   “$ LTC needs to Monthly Close above the orange resistance ($122) & turn it into support like in 2020/2021 (green circle) to build on its recent Macro Downtrend breakout. Monthly Closing above $122 has historica...

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Tokyo, Japan, March 27th, 2024, Chainwire Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators MyShell , a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of high-profile investors, including Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, OKX Ventures, etc. Prominent angel investors, such as former Coinbase CTO Balaji Srinivasan, NEAR Protocol Co-Founder Illia Polosukhin, former Paradigm Investment Partner Casey K. Caruso, and ex-Parafi partner Santiago R. Santos also joined the round, which brought MyShell’s total amount raised to date to $16.6 million. “MyShell is poised to revolutionize the AI creator ecosystem,” MyShell CEO Ethan Sun said. “With this new funding, we’re not just scaling our operations, we’re catalyzing a movement towards a more open, coll...

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Tallinn, Estonia, March 26th, 2024, Chainwire This first MarketingFi utility token will launch within the Cookie3 ecosystem. $COOKIE represents digital marketing value passed on to users who drive projects forward instead of on advertising giants like Google or Facebook. Cookie3, a MarketingFi Protocol and AI Data Layer , has just announced that $COOKIE—the Cookie DAO-powered token, will launch on ChainGPT Pad and Polkastarter in Q2 2024. Using the Cookie3 technological stack, $COOKIE aims to move $366B digital marketing value from advertising giants onto users who bring quality to projects and help them grow. The project is backed by industry’s top names, including Spartan Group (Lead Investor), GSR, Big Brain Holdings, CMT Digital, Hartmann Capital, Jsquare, Orange DAO, and two top launchpads — Polkastarter and ChainGPT, second of which is also the project’s accelerator. “Cookie3 and its ecosystem token $COOKIE are something the market has not seen yet but has needed for long....

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The trial against Terraform Labs and Do Kwon begins in NYC post-prison release. SEC accuses Kwon of fraud over TerraUSD collapse, sparking $40B loss. As the NYC trial unfolds, the US and South Korea are fighting for his extradition. In a pivotal moment for the cryptocurrency world, the trial against Terraform Labs and its founder, Do Kwon, commences in New York City today. 💥 GM CryptoX – 2 x important dates for the bad boys of crypto 🔸 Today is the start of Do Kwons US 🇺🇸 #SEC trial 🔸 Thursday sees the sentencing of former #FTX CEO Sam Bankman Fried #SBF pic.twitter.com/XhJ0Mv3Rvb — RR2Capital (@RR2Capital) March 25, 2024 Interestingly, the developments follow Kwon’s release from prison in Montenegrin , setting the stage for a legal battle that has captured international attention. Do Kwon’s trial jury selection already underway The trial, spearheaded by the United States Securities and Exchange Commission (SEC), revolves around allegations stemming from the dr...

Dogecoin overtakes Cardano to become the 8th largest crypto. Dogecoin’s surge is fueled by social media buzz & market surge. Bitbot, a new telegram bot project, raises $1,378,018 in its seventh stage of the ongoing token presale. In a dynamic turn of events, Dogecoin (DOGE) has surged ahead, overtaking Cardano (ADA) to become the 8th largest cryptocurrency by market capitalization. This comes amidst intensifying competition in the cryptocurrency market, fueled by the emergence of innovative projects such as Bitbot , a new Telegram bot token. Dogecoin price up 100% in a month Over the past month, Dogecoin’s price has seen remarkable price movements, experiencing a significant surge of over 100.83%. Recent market dynamics suggest that this rise may be attributed to the buzz created by social media influencers. According to data from crypto analysts, Dogecoin’s price surge is closely correlated with increased social media activity. The uptick in the number of interactions...

Polygon zkEVM halted operations following a sequencer issue. MATIC price was poised above $1.00 despite the negative development. Meanwhile, Bitbot reached stage 7 of its presale, with growing interest in Telegram bots pushing the total raised amount to over $1.3 million. Polygon zkEVM mainnet beta is back online after a sequence issue caused an outage, the Polygon team has announced.  MATIC price held strong despite the setback while investors keen on opportunities in the Telegram bots space flocked to Bitbot . The project’s presale has surpassed $1.3 million. Polygon zkEVM resumes operations after outage fix Polygon Labs announced early Monday that the mainnet beta of Polygon zkEVM was back online after facing an extended outage over the weekend. MATIC, the native token of the Ethereum scaling and infrastructure development platform, traded up after holding onto gains despite the sequencer issue that saw Polygon zkEVM mainnet beta go offline for several hours. Per the...

Victoria, Seychelles, March 25th, 2024, Chainwire Bitget , a leading cryptocurrency exchange and Web3 company, is excited to announce the listing of TON Fish (FISH), the first non-foundation social meme coin in the TON ecosystem. TON Fish is making waves in the crypto community, with its token experiencing rapid growth in both volume and price since February. Today, the trading volume has surged to $3.27 million, with 2,232 transactions in the past 24 hours and over 19,000 holders. TON Fish is designed to provide users with a unique opportunity to engage with the TON ecosystem before large-scale liquidity is introduced. As the first meme coin of its kind on the TON public chain, TON Fish is pioneering a new era of social meme coins within the TON ecosystem. Its listing on Bitget opens up exciting opportunities for traders and enthusiasts to participate in the growing TON ecosystem and experience the innovation it has to offer. With the increasing popularity of social meme coins and...

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Some analysts believe $MEDA could be one of the best cryptocurrencies to invest in. Stacks sees green statistics on monthly charts. The OKB price failed to rise even after burning 11.48 million OKB tokens. Stacks is surging, while OKB has been on a downward trend. However, investors are excited after discovering a new coin, Milei Moneda, and its future growth potential. In fact, many analysts are predicting it could be among the top crypto coins for both investors and beginners right now. Economize Like Milei: Invest in $MEDA Some analysts say Milei Moneda could offer investors chance for 10x ROI Milei Moneda is a promising meme coin garnering attention within the crypto world . At the core of this meme-based project is a deflationary token, $MEDA, which enables investors to gain true membership and enjoy the benefits that come with it. The $MEDA token gives hodlers the opportunity to participate in governance activities and major decisions that affect the platform as a wh...

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TLDR SUI shows resilience and maintains optimism amidst market fluctuations.  Bittensor (TAO) surges 140% in 30 days, promising continued growth in a volatile market. Milei Moneda ($MEDA) shows early profits, with a presale offering the potential of a 100% ROI . Amidst the market’s downward spiral, stability shines through, with SUI and Bittensor (TAO) holding their ground. Adding to the optimistic move is the emergence of Milei Moneda ($MEDA) , a new token that some analysts are predicting could have huge profit potential. Let’s dive into the details of these trends to discover the future outlook of these coins.  Economize Like Milei: Invest in $MEDA SUI holds strong against market fluctuations, eyes bullish future Amidst the crypto market’s rollercoaster ride , SUI has proven its resilience despite the market’s recent peak of $1.71 trillion, and drop to $1.54 trillion. This altcoin has been able to maintain an optimistic trading level thanks to several devel...

Cryptocurrencies have had a difficult performance this week as many investors started to take profits.  Bitcoin price retreated to a low of $62,000, down from last week’s high of $73,500. Other coins like Ethereum, Render, Solana, and Near Protocol also dipped.  This decline also happened as many Grayscale Bitcoin Trust (GBTC) holders liquidated their positions because of the significant fee. GBTC has an expense ratio of 1.50%, higher than the iShares Bitcoin Trust’s (IBTC) 0.25%. This article looks at some of the top cryptocurrencies to watch like  Bitcoin Dogs (ODOG), Ribbon Finance (RBN), and Sui. Ribbon Finance price forecast Ribbon Finance is a  Decentralized Finance (DeFi) platform that enables users to earn sustainable yield through decentralized options and lending. The platform has over  $34 million in total value locked (TVL). Its Ribbon Earn and Ribbon Lend also have millions in assets. RBN price has done well in the past few weeks as it jumpe...

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Paradigm leads a $55 million round for zero-knowledge proofs startup Succinct. The funding was for the platform’s Seed and Series A rounds. It attracted venture firms Robot Ventures and Bankless Ventures and angels Sreeram Kannan and Sandeep Nailwal from Eigenlayer and Polygon respectively. Succinct, a crypto startup that wants to make zero-knowledge (ZK) proofs accessible to any developer, has secured $55 million funding from top venture investment firms. According to a blog announcement the startup published on Thursday, tech investment firm Paradigm led the financing across Succinct’s Seed and Series A round. The financing attracted participation from among others, Robot Ventures, Bankless Ventures, and Geometry. Angel investors included Eigenlayer’s Sreeram Kannan, Polygon co-founder Sandeep Nailwal, Dev Ojha from Osmosis and Celestia co-founder John Adler. Making ZK proofs accessible to developers The Succinct team noted that ZK proofs are gaining traction across the b...

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The Montenegro Appellate Court rejected Do Kwon’s appeal on impending extradition to South Korea. Kwon was arrested last year following the collapse of Terra Luna and its stablecoin UST in 2022. Do Kwon, wanted for prosecution over his role in the implosion that sank Terra, will now be extradited to South Korea. Montenegro court rejects Kwon’s appeal Today, the Appellate Court of Montenegro declined Kwon’s appeal that sought orders quashing his extradition to South Korea. The appeals court noted, according to an announcement on March 20, that its decision was final. He will not go to the United States or stay in Montenegro, where he was arrested in 2023. Rather, Kwon will now be deported to South Korea where he faces criminal charges in connection to the collapse of Terra LUNA and the algorithmic stablecoin Terra USD (UST).  The $40 billion implosion resulted in a massive contagion across crypto, with crypto hedge fund Three Arrows Capital. 3AC was a big casualty that mea...

Key takeaways The Bitcoin Dogs presale has ended and the project has raised nearly $13.5 million. The team is now working to list $0DOG on exchanges while allowing investors to claim their tokens.  What is Bitcoin Dogs? The cryptocurrency market has been bearish over the last few days but that hasn’t stopped new projects from raising funds.  Bitcoin Dogs is one of the projects on the Bitcoin blockchain that is attracting interest from investors.  It is a unique project as it is the first BRC-20 ICO on the Blockchain network. Bitcoin Dogs is offering investors an exciting value proposition by combining the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture.  The Bitcoin Dogs presale lasted for only a month and it raised more than $13 million. The team is now preparing to list the $0DOG token on decentralised and centralised exchanges.  The presale launched right after the US SEC approved 11 s...

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Square Enix has made a strategic investment in Web3-native game platform HyperPlay. HyperPlay will use the funding to scale its game store. Square Enix, the gaming giant behind such titles as the Final Fantasy and Kingdom Hearts, has invested in Web3-native game store HyperPlay. HyperPlay shared news of the strategic investment on March 19, 2024. “Today, we’re thrilled to share that HyperPlay has received a strategic investment from none other than Square Enix. This partnership marks the beginning of an exciting journey as we collaborate to revolutionize gaming distribution models,” HyperPlay posted on X. Partnership also brings SYMBIOGENESIS to HyperPlay While it did not disclose the investment amount, HyperPlay said in press release that it will use the funding to expand its game store The partnership also includes the addition of SYMBIOGENESIS®, Square Enix’ first Web3 game title to the HyperPlay game store. This brings a new NFT-based entertainment to the HyperPlay s...

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Shiba Inu’s price has increased 252.6% in the past month. Chainlink whales have dumped over 2 million LINK in the past month. The NuggetRush price has increased 90% since the start of its crypto ICO. The crypto market is witnessing a massive shake-up as altcoins react to market sentiments. Shiba Inu has seen a massive surge, rising by 252.6% over the past month.  At the same time, Chainlink whales have been busy offloading over 2 million LINK tokens. On the other hand, NuggetRush has witnessed a 90% price increase since the beginning of its crypto ICO. NuggetRush (NUGX) gives early investors 90% ROI  Some analysts are indicating that  NuggetRush (NUGX) could be the best ICO right now, as it has achieved various feats despite the changing market conditions. In the last phase of its presale, the token witnessed a rally of 90% from its initial value of $0.010 to its current value of $0.019. That means that investors who joined the presale at the early stage have ...

Bitcoin Dogs presale ended within a month, raising nearly $13.5 million. The token distribution and CEX listings come next. The token carries a 100x potential as post-listing speculations mount. One thing was obvious as the Bitcoin Dogs ($0DOG) presale concluded on March 15. The presale had been one of the most successful ever, as amounts raised surpassed $13.49 million. As expectations build on what is next for the ambitious Bitcoin ICO, speculations arise on the token’s potential. The frenzy cements predictions that $0DOG could rise by up to 100x. Beyond these wild expectations, Bitcoin Dogs reinforces itself as a key player in gaming, metaverse, and NFTs. As such, the investment potential is robust even as the team embarks on the journey to actualise the project. Bitcoin Dogs: A lightening quick presale with 100x potential  Undoubtedly, the next most awaited milestone for Bitcoin Dogs is listing on exchanges . The team has updated that it plans to take the token to pub...

SOL price broke above $200 for the first time since December 2021. Gains came as search for “Solana” on Google Trends hit a 5-year high at 100. Solana price could target its all-time high above $260 in coming weeks. Solana (SOL) traded above $200 for the first time since December 2021, hitting highs of $205 on Monday morning. SOL price has increased double digits in the past 24 hours, with the current price of $202 up 12%. Over the week, the altcoin is up 39% and its 85% over the past month. Solana price up as search on Google Trends hit all-time high As SOL price surged to $200, data on the token’s popularity showed searches for the term ‘Solana’ had increased significantly in recent weeks. The Google Trends data shows the cryptocurrency has experienced the highest popularity levels of 100, surpassing interest levels of 84 recorded in September 2021.  At the time SOL broke to near $200 for the first time, before going on to hit its all-time high above $260 in November 202...

AI tokens were the best performers on Sunday. Nvidia will deliver its AI GTC conference in the US. BitBot has continued its token sale, raising over $1 million. Bittensor (TAO) and Render Token (RNDR) prices bounced back sharply on Sunday as traders refocused on the upcoming Nvidia GTC event in the US. The two tokens surged by more than 20% on Sunday, erasing some of the losses made during the weekend. Meanwhile,  BitBot , the upcoming Telegram bot, continued to gain popularity among investors. Nvidia GTC event ahead This will be an important week for the financial market. From a macro perspective, there will be numerous central bank decisions. The Reserve Bank of Australia (RBA) will deliver its rate decision on Tuesday.  It will be followed by other central banks like the Federal Reserve, Bank of England, Swiss National Bank, and the Bank of Japan. These decisions will likely have an impact on cryptocurrencies and other financial assets. The other big event wi...