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Showing posts from March, 2025

Over 40% of Dogecoin millionaires wiped out since Elon Musk began D.O.G.E.

Elon Musk has become so closely linked with Dogecoin (DOGE) that he decided to embed the joke into the name of his new and semi-government agency: Department of Government Efficiency (D.O.G.E.). Although Musk was once a major bullish catalyst for the meme coin, recent Finbold research suggests he may now be having the opposite effect on the cryptocurrency’s value and sentiment.  Finbold data shows that the number of Dogecoin millionaire addresses plunged by 41.37% between January 21 and March 31, a decrease of 964 addresses in just over two months. Over the same period, DOGE price has crashed nearly 50%, from $0.34 shortly after D.O.G.E. was officially established and President Donald Trump was inaugurated to $0.17 at the end of March. Looking at the wealthiest Dogecoin holders, the proportional drop in the number of addresses with between $1 million and $9.99 million and those with $10 million or more has been massive. Addresses with $1 mi...

Top Global Crypto Exchange Binance To List New Blockchain Gaming Token via the Launchpool Platform

Binance plans to use its Launchpool platform to launch trading support for the new native asset of a gaming blockchain. Binance Launchpool, which lets users stake coins to farm new assets, says its 66th project will be GUN, the official token of the GUNZ blockchain, which was built by developer Gunzilla Games. The chain currently powers Gunzilla’s Extraction Royale game “Off The Grid” and its infiltration game “Technocore.” Gunzilla says in the project’s whitepaper that the chain was “purpose-built for AAA web3 gaming.” “Originally created to support a community-driven economy for Gunzilla’s flagship title, Off The Grid (OTG), GUNZ has evolved into a full-featured platform offering blockchain-native infrastructure essential for modern game development.” Between March 28th and 31st, Binance users can lock their BNB, the crypto exchange platform’s native asset, as well as the stablecoins First Digital USD (FDUSD) and...

Redbelly Network, Achieves the World’s Highest Throughput Blockchain by Chainspect’s Independent Testing

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Redbelly Network sets a new benchmark in blockchain scalability and performance, delivering unmatched throughput and instant finality. Sydney, Australia , March 28 — Coinscribble by Coinbound / Redbelly Network , a purpose-built Layer 1 blockchain for real-world assets, today announced that it has been officially recognized as the world’s highest throughput blockchain by Chainspect’s latest independent benchmarking. This landmark validation reaffirms Redbelly Network’s position as one of the most scalable, secure, and high-performing blockchain infrastructures available today. Redbelly Network Achieves Industry-Leading Performance Chainspect, a respected blockchain performance analytics company, conducts rigorous testing across multiple leading blockchains. Their latest findings reveal that Redbelly Network achieved industry-leading transaction throughput and the lowest latency without compromising security or decentralization. “Our goal has always...

Hyperliquid growth driven by leveraged degeneracy, trade sharing

Although mostly indistinguishable from a regular crypto exchange — it offers derivatives trading and issued its own proprietary coin — Hyperliquid has managed to capture market share through two particularly successful Features . While it debuted with a generous airdrop of its HYPE token, this is nothing out of the ordinary. After all, many other crypto exchanges have tried giving away free money in the hopes of generating a return via media attention. However, the HYPE airdrop did give the token enough momentum to fund its team and allow it to go on to tweak two pages from the conventional exchange playbook. First, Hyperliquid created a platform that allows users to create hedge fund-like Vaults and trade other people’s money . Despite being geo-restricted from the US (that activity is illegal without Securities and Exchange Commission (SEC) registration), these Vaults helped extend momentum from its $1.2 billion airdrop . During the exchange’s early ...

Ben Armstrong arrested a second time after emailing defamation judge

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Crypto influencer Ben Armstrong, formerly known as BitBoy, has been arrested for a second time after sending a number of emails to a judge he has previously branded “corrupt,” and a “future convicted felon.” Armstrong, who has been denied bail, claimed via X last Friday that an arrest warrant was issued for him after he contacted Judge Kimberly Childs, who is presiding over a defamation lawsuit against him.  It’s unknown what the emails say, but around the same time, Armstrong also shared numerous posts criticizing Judge Childs and claiming that she is “ holding my children hostage .” Ben Armstrong’s mugshot Read more: Ben ‘BitBoy’ Armstrong baits media with dramatic YouTube ‘quit’ Judge Childs is presiding over the lawsuit filed by Hit Network and its parent company BJ Investment Holdings on September 28, 2023, which accuses Armstrong of libel and slander .  Armstrong was last arrested in September 2023 after he livestreamed himself driving to the h...

Cardano adds 15,000 smart contracts in 2025

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Cardano (ADA) has etched out a niche as a particularly developer-friendly blockchain ecosystem.  The increasing adoption of its Plutus-based smart contracts remains a key benchmark for evaluating Cardano’s long-term prospects. At the beginning of the year, the ecosystem had 6,877 Plutus V1 scripts, 106,464 Plutus V2 scripts, and 444 Plutus V3 scripts, for a total of 113,786, according to data retrieved by Finbold from Cardano Blockchain Insights . Picks for you If you invested $5k in Bitcoin five years ago; Here’s how much you’d have now 26 mins ago XRP is only $2 billion away from flipping Tether to rank as world's 3rd largest crypto 2 hours ago ...

US President Trump Says He Hopes Fed Chair Powell Will Lower Interest Rates

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During an important cabinet meeting taking place today, US President Trump has reportedly said he hopes that Federal Reserve Chair Jerome Powell will lower interest rates. Indeed, Trump expressed his dissatisfaction with the Central Bank’s decision to keep interest rates unchanged in March. The Federal Reserve has been fighting against inflation for the better part of two years. In a post-COVID economy, it had gotten that figure down closer to its 2% target. However, concerns surrounding the US economy’s trajectory led them to halt those efforts this month. Now, it is beginning to create a clash between Chair Powell and the 47th President. JUST IN: President Trump says he hopes Fed Chair Jerome Powell lowers interest rates. — Watcher.Guru (@WatcherGuru) March 24, 2025 Also Read: UAE Commits to 10-Year, $1.4T Investment in US After Trump Meeting President Trump Reiterates Desire for Federal Reserve to Lower Interest Rates The US economy has been stuck in a rather concerning ...

Shiba Inu: How Much Would $1,000 Turn Into If SHIB Reclaims All-Time High?

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After a rather challenging seven days, Shiba Inu (SHIB) was seen starting the final week of March on a good note. The second largest meme coin showed signs of recovery. March has been a chaotic month for most assets in the cryptocurrency market. Over the past 30 days, SHIB recorded a drop of 16.87%. The asset went from trading at a high of $0.00001578 down to a low of $0.00001095. The community hopes to witness a change in the price of the meme coin. Also Read: Will XRP Rocket 75%? SEC’s Legal Decision Sparks Massive Rally How Is Shiba Inu Trading Today? Source: Watcher Guru Over the past day, SHIB recorded a price rise of 0.02%. Earlier today, the meme coin was priced at $0.00001309 before dipping to $0.00001276. At the time of writing, the asset saw a dainty recovery and was trading at $0.00001286. Source: CoinMarketCap Shiba Inu’s current price is a far cry from its all-time high. Back in 2021, SHIB managed to rise to its peak of $0.00008845. This was attained just a year after...

UAE Commits to 10-Year, $1.4T Investment in US After Trump Meeting

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In what is a major move for both countries, the United Arab Emirates (UAE) has committed to a 10-year investment framework in the United States worth $1.4 trillion after meeting with US President Donald Trump, according to White House officials. Indeed, the financial commitment came after both sides met earlier this week. Moreover, the Trump administration Crypto Czar, David Sacks, met with senior UAE officials Friday to discuss both the digital asset industry and AI. Alternatively, the deal will see financial investments increase in the US and is expected to provide a massive boost to the economy. JUST IN: UAE commits to 10-year, $1.4 trillion investment framework in the United States after meeting with President Trump. — Watcher.Guru (@WatcherGuru) March 21, 2025 Also Read: Ripple Gains DFSA Approval: Crypto Payments Now Legal in UAE UAE Commits $1.4 Trillion US Investment Into AI Infrastructure, Manufacturing, and More Taking to Truth Social earlier this week, Donald Trump announce...

Elon Musk's Role: Key Developments and SHIB’s Future

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Elon Musk’s Shiba Inu connections are making waves in crypto circles, as SHIB evolves beyond its meme status. Recent outreach from the Shiba Inu team to Musk, which happened just this past week, highlights some major developments that could impact the token’s future direction. Various major blockchain initiatives have spearheaded innovative approaches to network scalability while the Shiba Inu burn rate accelerates and also new technology is being implemented at the time of writing. Also Read: ANZ Bank Revises Gold Price Forecast: Check New Target Elon Musk’s Influence on Shiba Inu: Burn Rate, Market Trends, and SHIB’s Future Source: Make Use Of Strategic Outreach to Musk LUCIE, Shiba Inu’s lead marketing strategist, recently reached out to Elon Musk about SHIB’s transformation over the years. Strategic communication initiatives have engineered new pathways for institutional recognition within the cryptocurrency ecosystem. In her X post, she outlined ...

Broadcom (AVGO) Outgains Top 10 as Analysts Say Its Now 'Magnificent 8'

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The US stock market has certainly been struggling in recent weeks. However, that changed slightly Wednesday, with the Federal Reserve expected to leave rates unchanged. The day saw Broadcom (AVGO) outperform the top 10 companies by market cap, as one analyst said it was the newest member of the “Magnificent 8.” The company has emerged as one of the most talked-about stocks on the market throughout March. Indeed, the ongoing sell-off that has afflicted competitors like Nvidia (NVDA) has only strengthened its appeal to traders. Now, all eyes are on whether that downturn can help AVGO bridge the gap in the tech space. Source: Victor J. Blue / Bloomberg Also Read: Broadcom (AVGO) and 2 Other Stocks That May Surge in 2025 Broadcom to Create the Mag 8 Stocks? Why AVGO Has Wall Street’s Attention Like much of the tech sector, Broadcom entered 2025 with tremendous potential. Indeed, back in February, analysts were theorizing that AVGO could end up being the latest member of th...

Cryptocurrency Liquidity: The Key to a Stable and Scalable Digital Economy

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Liquidity refers to how easily an asset can be traded without causing significant price fluctuations. In this context, the efficiency of market operations depends on liquidity levels, influencing both short-term volatility and long-term investor confidence. In cryptocurrency markets, liquidity is critical in determining stability, efficiency and investor confidence. High liquidity enables seamless transactions and reduces price volatility; conversely, low liquidity can lead to price manipulation and increased risks for traders. A lack of liquidity can discourage participation from institutional investors while deep liquidity supports market stability and reduces the cost of large transactions. As the cryptocurrency ecosystem expands, understanding liquidity dynamics becomes essential for assessing market health. Factors Influencing Cryptocurrency Liquidity Multifarious aspects influence the liquidity of digital assets, dictating their market performance and accessibility....

'AI' crypto trading agent, aixbt, hacked for $100K

A cryptocurrency trading account that purports to be an artificial intelligence (AI) agent called ‘aixbt’ has apparently been hacked for approximately 55.5 ether (ETH), worth approximately $100,000. The account seemed to note that it “got baited into sending 55.5 ETH to anon” and described it as a “hard-learned lesson about automating high-value txns.” It’s not clear how this account could remove automations and remain an AI agent. The so-called agent also seemed to falsely claim that the total amount lost was only “30 ETH.” X user “rxbt” who is affiliated with aixbt disagrees with the AI agent and claims that this was “not a widespread vulnerability or a result of our AI agent getting tricked.” rxbt instead blames the attack on “unauthorized access to a part of our infra.” It appears as if @aixbt_agent was tricked by @0xhungusman (account now deleted) into sending 55.50 eth t...

Crypto Analyst Predicts Rapid Rallies for Bitcoin, Says Stage Is Set for Altcoins To Dominate BTC

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A closely followed analyst believes Bitcoin (BTC) and altcoins are about to ignite massive rallies and leave paper-handed investors on the sidelines. Pseudonymous analyst TechDev tells his 516,300 followers on the social media platform X that Bitcoin and altcoins appear to be flashing a technical setup that preceded steep rallies during the 2017 and 2021 bull cycles. The trader shares a chart suggesting that Bitcoin looks poised to shatter the top boundary of its weekly Bollinger Bands as BTC recovers from a 2025 low of $76,000. The Bollinger Bands are a volatility indicator that can signal a bullish breakout if an asset breaches the upper band. At the same time, TechDev notes that the altcoin market appears to be flipping a former resistance level into support amid the correction. According to the analyst, the altcoin market also witnessed similar price action in the last two cycles before sparking a huge burst to the upside. “This has always been the set...

A Powerful Tool for Volatile Markets: An In-depth Analysis of BYDFi's Strategy Trading Features

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Recently, Bitcoin's price plummeted below $80,000, marking its lowest point since November 2024. This triggered widespread panic selling, leading to a sharp market downturn. However, within just a week, market sentiment rebounded, pushing Bitcoin back up to around $96,000 before experiencing another pullback. The unpredictable nature of crypto markets, with Bitcoin , Ethereum , and other digital assets undergoing extreme volatility, leaves investors both excited by opportunities and anxious about risks. In such an uncertain environment, finding a way to achieve consistent profits has become a key focus for traders. BYDFi , a globally recognized crypto exchange, understands these challenges and offers intelligent strategy trading tools designed for automated decision-making and risk management. With a intuitive interface and powerful automation, BYDFi’s tools have become essential for traders looking to seize market opportunities. Grid Trading: A Profit Machine in Volat...