Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs).
Mainstream FOMO, Dogecoin, and Crypto Market
Scott Melker, also…
Ethereum's Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability – Blockchain Bitcoin News
March 15, 2024
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176.
Ethereum’s Leap Forward with Dencun Upgrade
Expected to drastically lower the transaction costs for…
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
March 15, 2024
Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to…
Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel.
Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox
The initiative, spearheaded by the crypto broker Bits of Gold in collaboration with the Israeli Capital Market, Insurance and Savings Authority, represents the…
New AI Crypto Presale Raises $9m: 5 Days Left to Buy Scotty the AI Before Exchange Listings
March 14, 2024
A new meme coin, Scotty the AI (SCOTTY), is turning heads and raking in substantial investment dollars during its limited-time presale.
With $9 million raised already, crypto traders have been scrambling to buy SCOTTY tokens before the presale window ends in five…
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses 'What Matters Most' for BTC Price
March 14, 2024
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to…
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability and accessibility of Tether for millions of people.”
Tether Announces USDT’s Launch on Celo
Tether is making moves to…
Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets…
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at…
The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms.
ETNs Must Adhere to UK Listing Requirements
The Financial Conduct Authority (FCA), the watchdog for the…