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Cryptocurrency News
Cryptopotato
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Ethereum’s Pectra Upgrade Goes Live on April 30 – Here’s What to Expect
- The Pectra upgrade on the Ethereum mainnet is set to go live on April 30.
- The upgrade aims to make Ethereum more scalable, user-friendly, and efficient.
- Key features of the Pectra upgrade include smart contract functionality for wallets, enhanced staking capabilities, account abstraction, and the ability to sponsor transaction fees.
- The date for the upgrade is subject to change depending on the performance on the testnet.
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Cryptoninjas
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87
Image Credit: Cryptoninjas
The Evolving Regulatory Landscape for Web3
- The Asia Web3 Alliance urges US-Japan alliance in overcoming regulatory barriers for the Web3 sector.
- Japan has explicit rules on the books for crypto, while the US is stuck in legal limbo due to ongoing skirmishes between the SEC and the CFTC.
- The proposed collaboration calls for legal agility, regulatory uniformity, investment incentives, and stablecoin standardization to advance innovation.
- Both the US and Japan have an opportunity to lead in blockchain technology by harmonizing their regulatory approaches and enabling a stronger measure of confidence in the market.
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Bitcoinist
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284
Image Credit: Bitcoinist
Dogecoin’s Supply Dynamics Shifts – Here Are The Key Levels To Watch Out For
- Dogecoin is facing bearish pressure and struggles to regain upward momentum.
- Over 7% of DOGE's supply is concentrated at the $0.20 level, which could serve as resistance.
- A potential breakout is hinted when volume picks up and resistance levels are breached.
- 15% of DOGE's supply was last moved 6 to 12 months ago, indicating strong conviction among holders.
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TronWeekly
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232
Image Credit: TronWeekly
Robert Kiyosaki Hails Silver as Top Pick Over Bitcoin and Gold Today
- Robert Kiyosaki has shifted his focus from Bitcoin and gold to silver as his top investment choice.
- He predicts that silver will soon reach $70 and climb to $200 within two years.
- Kiyosaki believes silver is currently undervalued and presents an opportunity for small investors.
- According to Kiyosaki, while silver is his current preferred investment, he recognizes the long-term value of Bitcoin.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
XRP Price Glitch To $21,000 on Live TV Sparks Community Buzz
- A live TV broadcast mistakenly showed XRP surging to $21,355, a 961,936% spike.
- XRP price glitch sparks speculation within the community.
- Bitcoin and other assets also displayed incorrect price surges.
- Debate within the Ripple community regarding market manipulation.
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99Bitcoins
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236
Polygon Founder Slams State of Crypto: Time to Escape AOL Era
- Polygon co-founder Sandeep Nailwal criticizes the current state of the crypto industry, comparing it to the AOL dial-up era of the internet.
- Nailwal highlights the barriers faced by average users when interacting with crypto platforms, emphasizing the need for smoother infrastructure.
- Crypto adoption is still in its infancy, with only 4% of the global population owning Bitcoin, according to a recent report.
- Nailwal predicts that it could take another 10 to 15 years for crypto to reach mainstream integration and highlights the importance of regulations and user education.
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99Bitcoins
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Chainlink Crypto and ADGM Partner Up To Shape the Future of Tokenized Assets in the UAE
- Abu Dhabi Global Market (ADGM) has partnered with Chainlink crypto to advance blockchain innovation and regulatory frameworks in the UAE.
- The alliance aims to establish global standards for blockchain practices and develop compliant tokenization frameworks.
- Through a Memorandum of Association signed, ADGM gains access to Chainlink’s blockchain tools and aims to educate on emerging technologies.
- The partnership focuses on maximizing the potential of tokenized assets while ensuring regulatory compliance.
- Chainlink saw positive growth following the alliance, with its market cap exceeding $10.12 billion and gaining over 12%.
- Chainlink expanded its presence in the UAE last year, making significant moves in the region's crypto landscape.
- The UAE has witnessed a surge in crypto adoption, with Dubai and Abu Dhabi becoming crypto hotspots.
- Numerous crypto projects are ongoing in the UAE, including Web3 initiatives, real estate tokenization, and major investments in stablecoins.
- Mastercard has extended its crypto offerings in the UAE, and traditional financial bodies are partnering with crypto exchanges in the Middle East.
- Stablecoins like USDC have been recognized and operationalized in the UAE, reflecting the region's growing interest in crypto.
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Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
BTC Price Stabilizes as ETH & XRP Show Weakness—Market Outlook
- Bitcoin (BTC) stabilized around $87,000, while the RSI reflects uncertainty at 49.
- Ethereum (ETH) lost 4% after hitting $2,081 on Monday, slipping below the $2,000 mark.
- XRP saw a correction after last week’s 7% rally, nearing its 100-day EMA support at $2.31 with an RSI of 46, indicating bearish pressure.
- Bitcoin remains steady at $87,000 as its RSI reflects uncertainty, while ETH and XRP show weakness and face resistance at key levels.
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TheStartupMag
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17
Image Credit: TheStartupMag
How Former DOJ Prosecutor Katie Haun Emerged as a Leading Voice in Crypto Venture Capital
- Katie Haun transitioned from prosecuting cybercrime and corruption cases to becoming a leading figure in cryptocurrency venture capital.
- Her work in the Department of Justice on cryptocurrency cases provided insights into blockchain technology's potential and limitations.
- Haun's experience in tracking cryptocurrency transactions led to successful prosecutions and demonstrated blockchain's transparency.
- She joined Andreessen Horowitz as a general partner, leveraging her expertise to co-lead crypto investments.
- In 2022, Haun launched Haun Ventures with a $1.5 billion debut fund, focusing on early-stage and acceleration investments in crypto.
- Haun Ventures maintains a small, nimble team to provide tailored support to portfolio companies through its external network.
- The firm evaluates crypto projects based on factors like tokenomics, regulatory considerations, and community alignment.
- Haun emphasizes 'hero moments' where the firm provides critical support to portfolio companies in various challenges.
- Haun's firm focuses on investments in financial services, infrastructure, and distributed computing, seeing crypto's potential beyond finance.
- Haun's perspective on Web3 emphasizes evaluating fundamental technological progress over short-term market trends.
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Cryptoticker
3w
420
Image Credit: Cryptoticker
Will XRP Crash? Here’s What the Chart Is Warning Us About
- XRP price is facing bearish pressure and currently trading below short-term moving averages, indicating a lack of buyer control.
- The Relative Strength Index (RSI) suggests a downward trend with no bullish divergence, increasing the possibility of a quick dip in XRP price.
- The key support zone for XRP is around $2.00, and if it breaks below the 200-day SMA at $1.76, it could lead to a trend reversal into bearish territory.
- While a major crash isn't imminent, caution is warranted as XRP price is under pressure and warning signs are building.
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TronWeekly
3w
214
Image Credit: TronWeekly
BlockDAG Keynote 3 Breaks Down $208 Million Presale Success While Solana Co-Founder Criticizes Layer-2s!
- Solana's co-founder Anatoly Yakovenko criticizes the necessity and effectiveness of Layer-2 solutions, advocating for strong Layer-1 chains like Solana instead.
- BlockDAG, raising over $208 million in presale, highlights the efficacy of a secure and efficient Layer-1 blockchain.
- Yakovenko questions the need for multiple Layer-2 networks, emphasizing the benefits of a fast Layer-1 base.
- BlockDAG's rapid fundraise showcases the potential of a well-designed Layer-1 solution without additional layers.
- Yakovenko stresses simplicity and core-level solutions over added layers to reduce complexity and failure points.
- BlockDAG aims for 2,000 transactions per second at mainnet launch, increasing to 15,000 TPS within two years, eliminating the need for Layer-2 systems.
- BlockDAG prioritizes security at core, utilizing advanced cryptography, multi-node validation, and real-time threat tracking integrated within the platform.
- Yakovenko's standpoint and BlockDAG's approach emphasize the significance of robust Layer-1 designs in blockchain infrastructure.
- With a thriving community and user base, including over 170,000 holders and 750,000 X1 miner app users, BlockDAG demonstrates the strength of a solid base layer.
- The debate on Layer-2 systems continues, but BlockDAG's success in presale and focus on Layer-1 efficiency signals a shift towards streamlined blockchain solutions.
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Cryptoninjas
3w
179
Image Credit: Cryptoninjas
MoonPay’s Zero-Fee Promotion: A Game-Changer for Crypto Transactions
- MoonPay has launched a zero-fee promotion in collaboration with Airtm, providing users with fee-free transactions every 5th transaction through MoonPay on Airtm.
- The promotion aims to make crypto transactions more cost-effective and accessible for users, reducing the burden of exchange fees, network fees, and payment processing fees.
- This initiative is aligned with MoonPay's strategy of enhancing accessibility and user experience by introducing features such as MoonPay Balance for storing funds and Recurring Buys for automatic crypto purchases.
- MoonPay's zero-fee promotion is a significant step towards increasing crypto adoption and making transactions more affordable, encouraging frequent usage of digital assets.
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TheCryptoBasic
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324
Image Credit: TheCryptoBasic
Terraform Labs Opens Portal for Investors to File Loss Claims in Bankruptcy Proceedings
- Terraform Labs is opening its claims portal for creditors to file loss claims in bankruptcy proceedings.
- The claims portal will be available from March 31, and eligible creditors must register their claims by April 30.
- Creditors need to provide evidence of their crypto holdings, including wallet addresses and read-only API keys.
- Terraform Labs plans to repay creditors up to $442 million and will prioritize repayments to creditors over the SEC settlement.
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Coin Telegraph
3w
183
Image Credit: Coin Telegraph
Elon Musk’s ‘government efficiency’ team turns its sights to SEC — Report
- Elon Musk's Department of Government Efficiency (DOGE) is reportedly moving into the United States Securities and Exchange Commission (SEC).
- DOGE team contacted the SEC for access to its systems and data.
- The SEC planned to establish a liaison team to work with DOGE team.
- Some federal officials and lawmakers have expressed concern with Musk's approach to government.
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