A sharp plunge in the price of Bitcoin has caused crypto trader liquidations to top $661 million in the past 24 hours, affecting nearly 200,000 traders. In early trading on March 15, Bitcoin shed 7.5% in just a few hours falling from $72,000 to $66,500. The asset rebounded slightly to reclaim the $68,000 level before getting…
Bitcoin has surged this year thanks to an influx of money from traditional institutional investors via exchange-traded funds (ETFs). Likewise, integrations by traditional retail payments players — Visa and Mastercard — could push the crypto market to dramatically higher valuations in the year ahead. Despite explosive growth, crypto’s daily active users still pale in comparison to…
Entangle omnichain infrastructure introduces a versatile messaging infrastructure, bringing new standards in blockchain interoperability, seamless data access and liquidity enhancement for Web3. As the blockchain landscape evolves into an increasingly complex ecosystem of interconnected networks, seamless communication and integration between networks becomes essential to decentralized applications (DApps) and services that seek to operate across multiple blockchains. Developers…
Ethereum’s much-anticipated Dencun upgrade, which allows for the reduction of gas fees on layer-2 solutions through proto-danksharding, went live on March 13, drawing both applause and doubts from speculators. “I don’t think this upgrade will significantly impact ETH’s price in the short term,” Ruslan Lienkha, chief of markets at crypto wallet provider YouHodler, told Cointegraph. “But we…
Bitcoin witnessed a 2.3% drop after Wall Street opened on March 12, as markets reacted to stubbornly high inflation in the United States and its implications for interest rate cuts in 2024. Inflation still high following hot CPI data Data from Cointelegraph Markets Pro and TradingView shows BTC dropped as much as 6% after setting a higher all-time high at…
Layer-2 scaling protocol Starknet aims to double the impact of lowered costs for rollups after Ethereum’s latest hard fork, Dencun, takes effect on March 13. The Starknet Foundation announced the rollout of additional fee-saving initiatives on its protocol that will coincide with the Dencun upgrade. The hard fork is arguably the most significant upgrade to…
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