Ride the Crypto Wave
On March 4, 2024, the trading volume of spot bitcoin-ETFs exceeded $5.5 billion. Bloomberg Intelligence analyst Eric Balchunas noted that this is the second largest value since the launch of this class of funds. Confirmed: today was the second largest volume day for the Ten at about $5.5b. $IBIT alone…
On March 5, 2024, the Fear and Greed Index reached a value of 90 points, indicating that traders are “extremely greedy.” This is a new high since February 2021. Over the past 24 hours, the index rose by eight points, and since the beginning of the month – by 10…
In February 2024, 114 Web3 and blockchain projects raised a total of $642.1 million in funding. Incrypted’s editorial team broke down this month’s investments in detail. EigenLayer, a restacking protocol, raised the most funds in February. The funding was provided by venture capital firm Andreessen Horowitz. EigenLayer founder Sriram Kannan…
Squid is an Axelar-based bridge that connects Cosmos and EVM networks. With it, project teams can easily integrate crosschain infrastructure into their dApps. The team has raised $7.5 million from Polychain Capital, Fabric Ventures, Distributed Globall and other investors. The article goes on to show how to interact with the…
DFlow is a protocol of concentrated liquidity on Solana, which allows you to reduce slippages, improve the quality of transactions and much more. More detailed information can be found on the project website. The team has attracted investments worth $7.5 million from Coinbase Ventures, The Spartan Group, Framework Ventures and…
On March 1, 2024, the Snapshot portal started voting on the proposal to redistribute commissions in favor of those users who delegate or steak UNI tokens. An absolute majority supported the initiative. At the time of writing, more than 10 million UNIs are registered in the vote. There are 15…
Cryptocurrency exchange Binance has not received any notice from the authorities in Nigeria and does not plan to pay a $10 billion fine, Peoples Gazette reported, citing sources in the company. “We recently discussed ways to solve problems with Nigeria, but no one talked about a $10 billion fine,” the…
On March 1, 2024, the Texas Blockchain Council (TBC) and Riot Platform notified the court that they had reached an agreement with the U.S. Department of Energy. As part of that, the Energy Information Administration (EIA) will stop collecting data and destroy all bitcoin miner records. What’s the deal here?…
From February 26 to March 1, 2024, the trading volume of spot bitcoin-ETFs amounted to $22 billion, Bloomberg Intelligence expert Eric Balchunas said. Volume still elevated, altho not insane, for bitcoin ETFs…. today was third biggest day ever after Wed and Thur. All told $22b traded this week, about a…
In the last 24 hours, from March 1 to March 2, 2024, the exchange rate of some memcoins, including Dogecoin (DOGE) and Pepe (PEPE), rose between 18% and 50%. Experts have stated that there are signs that the altcoin season is approaching. Over the past 24 hours, Dogecoin (DOGE) has…