Latest Crypto & Bitcoin News

The trader who made a significant investment in Book of Meme (BOME) before the listing on the world’s largest cryptocurrency exchange Binance shared his story. The on-chain data and analysis account Lookonchain shared the story of the trader who invested in BOME before the Binance listing in a tweet on March 28th. The investor had withdrawn $2.3 million from Binance before the listing and made the investment. He expressed optimistic thoughts about BOME, believing that the meme coin will be the next Shib Inu (SHIB). In his post, the investor stated: “On March 15th, the market was falling, and I was very tense. I was worried that the money I had taken from $1 million to $5 million through difficult earnings would disappear. That night, I made a critical decision and transferred $2.3 million from my money, bought BOME.” In its initial post, Lookonchain had raised doubts about the investor’s […]

WIF, the star of the Solana network recently, with a market cap of 4 billion dollars, surpassed Pepe and became the 3rd largest meme coin. WIF, which played a key role in the meme coin craze on the Solana network, surpassed $4, reaching a market cap of 4 billion dollars. Following this surge, it left behind the 3rd largest meme coin, Pepe, which had started another meme coin craze in 2023 and had become one of the fastest-rising coins. Currently, the meme coin ranking is as follows; Dogecoin (DOGE), Shiba Inu (SHIB), WIF, and PEPE. According to CoinGecko data at the time of writing, DOGE has a market cap of $31 billion, Shiba Inu $18.2 billion, WIF $3.7 billion, and PEPE $3.3 billion. Behind them, the meme coin that has been the showstopper of the year, FLOKI, stands out with a value of $2.39 billion. The biggest whale for WIF […]

Google has provided data integration for 6 different blockchains including Ethereum and Bitcoin. Recently, Ethereum Name Service (ENS) domains were integrated into Google searches. Following this integration, Google made the decision to expand the number of blockchains by offering data for Bitcoin (BTC), Arbitrum (ARB), Avalanche (AVAX), Optimism (OP), Polygon (MATIC), and Fantom (FTM). With the integration provided, users can access token balances and transaction information on these networks by typing in their wallet addresses into Google. A note attached by Google indicates that the data does not display the assets on the wallet in real time, and it is based on the most recent external transaction: Balances only show the native token for each network. The timestamp for the last update shows the balance as of the last external transaction. Updates are not instantaneous. Google’s integration has been interpreted as an important step for the mass adoption of cryptocurrencies. […]

The statements made by investment firm Kerrisdale Capital led to a decrease in MicroStrategy’s shares. The Bitcoin-focused investment company MicroStrategy was shaken by the statements of Kerrisdale Capital. In a statement made by Kerrisdale Capital on Thursday, March 28th, it was stated that MicroStrategy is no longer one of the critical companies exposed to Bitcoin and that spot Bitcoin ETFs offer a good alternative to many investors. Moreover, it was stated that MicroStrategy has a price for Bitcoin that is 2.5 times higher than the normal market value for Bitcoin and that the $177,000 valuation is unacceptable. Kerrisdale Capital said that “things have gone off the rails” for MicroStrategy and emphasized that they have taken a short position in MicroStrategy shares in relation to long positions in Bitcoin: The days when MicroStrategy shares represented a rare and unique way to access Bitcoin are long gone. MicroStrategy shares rose in the […]

Crypto exchange FTX’s founder Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison. The Southern District of New York US District Court announced its final decision on Thursday, March 28, concerning Sam Bankman-Fried. The court sentenced SBF to 24.5 years in prison for seven counts of fraud and conspiracy. In addition, he was fined $11 billion. In tandem with the sentence, Judge Lewis Kaplan stated in the announcement that SBF was aware of what would happen before the collapse: He knew what he was doing was wrong. He knew it was illegal. According to court documents, the prison term was below the 15 years suggested by the prosecutors. Some factions of the crypto community found the punishment lenient for SBF, who caused losses totaling billions of dollars to millions of people. Judge Kaplan requested SBF to serve his sentence in a medium or low-security prison near the California […]

The world’s largest cryptocurrency exchange Binance announced which altcoin it has chosen for its 50th Launchpool project. In the announcement released on March 29, Binance revealed that Ethena (ENA), the developer of the USDe stablecoin, has been selected as the 50th Launchpool project. Binance announced that the new altcoin ENA will be listed with “seed label” with ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY trading pairs at 12.00 on April 2, GMT+3. According to the information provided, Launchpool users will be able to farm for 3 days starting from March 30. Users who want to earn ENA will need to stake BNB or FDUSD. Out of the total supply of 15 billion tokens, 300 million ENA will be distributed as rewards in Launchpool. In addition, 1,452 million ENA will be released initially. The reward program will have 2 different pools, with 80% of the reward in BNB pool and 20% in […]

Bitcoin and altcoins: General Market Overview (March 29) During the writing of Bitcoin, it trades at $70,178, with a 0.4% increase, while against the Turkish lira, it trades at 2,280,362 TL. Ethereum (ETH) rises by 0.5% to $3,557, BNB (BNB) increases by 3.9% to $610, Ripple (XRP) rises by 0.5% to $0.616, Dogecoin (DOGE) increases by 8.3% to $0.213, Cardano (ADA) decreases by 0.1% to $0.643, and Solana (SOL) rises by 0.9% to around $185.8. In the last 24-hour period, dogwifhat (WIF) experienced the highest increase with 19.8%, while Gate (GT) was the coin with the highest decrease at 13.7%. dogwifhat (WIF) trades at $3.7, while Gate (GT) trades at $9.74. The Dollar Index (DXY) is at 104.36. While Bitcoin’s market value is around $1.38 trillion, the total value of the cryptocurrency market is at $2.77 trillion. The 24-hour cryptocurrency market volume is around $111 billion. The Dollar/TL increases by […]

The senior analyst of the cryptocurrency market stated that with the halving, there could be a new form of spot Bitcoin ETF wind. Analysts led by Michael Graham at Canaccord Genuity focused on the correlation with Bitcoin halving and spot ETFs. Analysts pointed out that the halving in mid-April could create an interesting correlation with spot Bitcoin ETF flow, bringing up a short-term drop and then a massive rise. The details of the statement highlighted the uncertain atmosphere created in the market by the expected interest rate cut by the US, and emphasized the upward trend in the cryptocurrency market: While the timing of the macro view and potential interest rate cuts remains uncertain, the upcoming halving event could increase the headwinds for Bitcoin ETF. Activity levels for the rest of the ecosystem continue to recover from the lowest level of 2023.

Corporate whales have begun trading in the altcoin that witnessed a large amount of lock opening a short time ago. According to data transmitted by the on-chain analysis platform Spot On Chain, two different corporate whales made large sales parallel to the lock openings experienced specifically in Arbitrum (ARB). The data revealed that one of the largest corporate cryptocurrency investors, GSR, transferred 26 million ARB worth $45 million to the cryptocurrency exchange Binance in the last 1 week. All of these ARB assets came from the large lock opening. Another corporate cryptocurrency whale, Wintermute, made a transfer of 21.2 million ARB worth $35.7 million to Binance. After this transfer, Wintermute was left with 19.9 million ARB worth $33 million. Last week, Arbitrum hosted a lock opening worth $2 billion and then saw significant price drops. Similarly, the whales’ exchange transfers were among the factors that negatively affected the ARB price. […]

Analysts indicate that the cryptocurrency market is at a major turning point and made statements about what may happen during the halving process. The on-chain analysis platform Santiment made a statement on March 28 about the direction of the cryptocurrency market. The statement noted that cryptocurrency investors generally hope that Bitcoin and other assets on the stock market will chart their own paths without relying on stocks or other sectors. But this time, some viewed the fact that the SP500 and gold prices are at their peaks, and that Bitcoin and altcoins can rise due to profit distribution from these sectors as a positive divergence. Analysts, who said that this divergence, just less than 3 weeks before the Bitcoin halving, could propel the cryptocurrency market upwards, included the following statements: Given that Bitcoin whales have accumulated a large amount this week, and that the halving is only three weeks away, […]

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