Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum. In a “base case”…
India’s Central Bank Digital Currency Will Act as Alternative to Cryptocurrency, Says RBI Official
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an alternative to cryptocurrency. He stressed…
Coinbase Acquires One River Digital to Expand Institutional Access to Crypto Assets
Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered investment adviser with the Securities and Exchange Commission (SEC). This acquisition allows Coinbase…
C+Charge Token Now Raised $2,000,000 – Best Sustainable Crypto in 2023?
The popularity of C+Charge has grown among cryptocurrency investors, and the initiative has raised over $2 million in its token presale. Electric vehicles are becoming Go to Source
ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum
ConsenSys will release its zkEVM rollup to its public testnet on March 28, paving the way for an eventual mainnet integration later in 2023. ConsenSys has announced the upcoming release…
Binance launches anti-scam campaign after Hong Kong pilot run
The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers. Binance, in cooperation with law enforcement agencies, is launching a campaign…
US legislators renew call for EPA investigation of crypto mining emissions data
Senator Edward Markey and Representative Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact. United States Senator Edward Markey and Representative…
Uniswap wants to launch mobile wallet, but Apple won’t greenlight its launch
Despite having its first build approved in October, Uniswap Labs is facing issues with Apple’s App Store regarding its mobile wallet. Uniswap Labs has announced plans to release a new…
DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
French police arrested two individuals in connection with the Platypus exploit in the month of February. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights —…
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as…
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data…
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m.…
Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market…
Solana faces ‘lack of appetite’ from US regulators, says Austin Federa
The Solana Foundation’s head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions. Austin Federa, head…
Price analysis 3/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Concerning news from Silvergate Bank and FTX may have influenced investors’ decision to press the sell button, but the potential for further downside could be limited. Bitcoin (BTC) is leading…