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Cryptonica
News
Latest News
$30,000 for Bitcoin in April 2023: Experts Debate Price Predictions
03/30/2023
Amp
Bitcoin
Dash
The end of April is much anticipated by investors, as they hope Bitcoin will regain momentum and reach a higher level. Since 2023 took off, the value of Bitcoin has risen by nearly 65 % alongside other popular crypto assets. Bitcoin's price has spiked over 20% from March 1, when it was trading roughly above $23,000, and briefly passing $29,000 on March 30. This is part of a larger trend toward reclaiming the psychological $30,000 mark.
CFTC Sues Binance: World's Largest Crypto Exchange Accused of Violating U.S. Law
03/28/2023
Dash
Ethereum
Flow
On March 27th, 2023, news broke that the Commodity Futures Trading Commission (CFTC) had filed a lawsuit against Binance, the world's largest cryptocurrency exchange, and its founder, Changpeng Zhao. The regulator claimed that Binance operated a derivatives trading operation that enabled U.S. residents to trade futures, swaps, and options on cryptocurrencies in violation of federal law since at least July 2019
First Citizens BancShares Buys Failed Silicon Valley Bank
03/27/2023
Amp
Dash
ICON
First Citizens BancShares, the 30th largest commercial bank in the United States based in North Carolina, has agreed to acquire the assets of Silicon Valley Bank (SVB), a California lender whose sudden collapse earlier this month sent shock waves across the financial sector
Arbitrum's Highly-Anticipated Airdrop: The Wild Ride of ARB Token
03/24/2023
Arbitrum
KuCoin
ORDI
Arbitrum's highly anticipated token airdrop has finally gone live, but not without causing a stir in the cryptocurrency market. The landing page for the project briefly crashed as the project opened the gates to its ARB token, along with Arbiscan, causing frustration for users. In the first 30 minutes following the opening of the claiming window, the blockchain explorer saw a record number of over 84,000 visitors
Bitcoin's Wild Ride: Highs and Lows as Fed Signals Tightening
03/23/2023
Bitcoin
Dash
JUST
Bitcoin's surge earlier this week was short-lived as it dipped to slightly above $27,000 on Wednesday afternoon following the Federal Reserve's announcement of a quarter-point rate hike
Coinbase Tests ChatGPT. Will AI Change Crypto Industry?
03/21/2023
Core
Ethereum
Coinbase, one of the largest cryptocurrency exchanges in the world, has conducted a test using the artificial intelligence (AI) application, ChatGPT, to assess the security risks of smart contracts. The San Francisco-based exchange tested the AI tool's accuracy by using its ERC-20 token review framework, publishing the results in a blog post on March 20
Arbitrum Launches ARB Token and Boost Decentralization
03/20/2023
Arbitrum
Core
Ethereum
Arbitrum, a major player in Ethereum's layer 2 scaling arena, has announced the introduction of a new token called ARB. The Arbitrum Foundation stated on Thursday that the token will be distributed to community members on March 23rd via airdrop
Stablecoin Imbalance: USDC Sales Cause Tether Trading Madness
03/17/2023
Dai
ICON
ORDI
The on-chain data reveals that trading firms were quick to capitalize on the USDC stablecoin's temporary repeg. While this strategy comes with risks, it shows that high-frequency traders are always on the lookout for arbitrage opportunities that can yield significant profits
The Ethereum Shanghai Upgrade is Coming. What Will Happen to ETH Price?
03/17/2023
Ethereum
IQ
ORDI
The Ethereum Shanghai upgrade, also known as Shapella, is set to go live on April 12, according to a recent announcement by the network's developers. The upgrade includes Ethereum Improvement Proposal (EIP) 4895, which will allow users to withdraw their staked Ether from the Beacon Chain, increasing market liquidity and making it easier for users to access their funds along with three additional improvements aimed at optimizing gas costs for specific activities
Huobi Now Has a $100 000 000 Liquidity Fund: What Does It Mean?
03/14/2023
Bitcoin
Dai
Gate
Not so long ago, Huobi launched a 20 000 BTC investor protection fund to help users out in case of force majeure. As if that wasn’t cool enough, now there’s a $100 000 000 liquidity pool to protect the token from dropping. Cuteness overload!
SVB Crash: USDC is Back!
03/13/2023
Gate
ICON
JUST
Thanks to machinations by the one who shall not be named, USDC’s price has recently dropped to an all-time low of 88% thanks to SVB’s fail. But it’s back!
Attack On Titan’s 4th and final season is in full swing. Will AoT NFTs be the next big thing?
03/12/2023
Amp
ECOMI
Flow
Attack On Titan is a Japanese manga series written by Hajime Isayama. Since its debut in 2009, the series has become a global phenomenon, with a dedicated fan base worldwide
CryptoGPT's GPT Token Takes Off. Will it Fuel Decentralized AI?
03/10/2023
Amp
Dash
Ethereum
Today marks a significant milestone for CryptoGPT as its native GPT token has been listed on major cryptocurrency exchanges such as Bitfinex, PancakeSwap, Bybit, Gate, Uniswap, MEXC, and Bitget
Yuga Labs’ TwelveFold: zero or hero?
03/10/2023
Amp
Bitcoin
Dash
Everyone’s heard of Yuga Labs’ Bored Apes. Four friends + a dream of a community + boredom = overnight billionairedom. Behold TwelveFold! Will their new project be as successful?
The Rise of Gyroscope: a New Path for Stablecoins?
03/10/2023
Balancer
Dash
Ethereum
Gyroscope has raised $4.5 million in seed funding to create a stablecoin called Gyro Dollars (GYD) with an innovative, all-weather reserve design. The funding round was co-led by Placeholder VC and Galaxy Ventures and included several renowned investors
Bitcoin Dips Below $20,000 Amidst a Flurry of Worrisome News
03/10/2023
Amp
Bitcoin
Dash
Bitcoin has been on a roller coaster ride in recent months, with the cryptocurrency slipping under $20,000 for the first time in nearly two months on March 10. BTC is trading at 19 931,71 $, according to Coingecko, as of the time of this writing. This has been a sharp decline from its record high of over $64,000 in April 2021, indicating a significant downturn for the cryptocurrency market.
Amazon Enters the NFT Arena. Will it be a Game-Changer for the Industry?
03/08/2023
EOS
IQ
Amazon, the largest online retailer in the world, is getting ready to launch its marketplace for non-fungible tokens (NFTs), which will signal the company's entry into the dynamic and rapidly expanding digital art industry. According to the most up-to-date information that was made accessible by The Big Whale, it appears that the NFT marketplace on Amazon will go live on April 24th
Crypto Market Update. USDT Takes the Lead in the Stablecoin Race
03/08/2023
Binance USD
Bitcoin
Sui
Tether's USDT stablecoin has reached its highest market share among stablecoins in 15 months, surpassing 54% on Monday, according to data from CoinGecko. Despite the market shakeup, Tether's position as the dominant stablecoin is strengthening
What is Blur Marketplace? NFT Sales Seem to Return to The Peak
03/02/2023
Blur
Core
ORDI
In 2021, NFTs became a global phenomenon, and OpenSea quickly established itself as the leading NFT marketplace. However, a new contender, Blur.io, has recently emerged and is challenging OpenSea's historical dominance. Blur has surpassed OpenSea in several key metrics, including daily and weekly trading volume, causing excitement during a prolonged bear market for crypto and NFTs
The Value of AI Cryptocurrencies Continues to See Steady Growth
03/01/2023
Fetch.ai
Flow
SingularityNET
Over the past 30 days, AI-focused crypto assets have continued to see gains following a brief downturn in mid-February 2023. With 74 listed AI-focused cryptocurrencies, the net value of all these tokens has surpassed $4 billion, accounting for 0.37% of the entire crypto economy's value
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