Blogs

12
Mar

Starknet to settle on Bitcoin and Ethereum to unify the chains

Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it’s aiming for Starknet to become Bitcoin’s execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and...
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12
Mar

Lone Bitcoin miner wins block using tiny, cheap rig — ‘1 in a million chance’

A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain’s blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin (BTC) mining pool, its developer, Con Kolivas, said in a March 10 X post.He added...
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12
Mar

Senator Lummis’ new BITCOIN Act allows US reserve to exceed 1M Bitcoin

US Senator Cynthia Lummis’ newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million Bitcoin as part of its newly established reserve.The bill, first introduced in July, directs the US government to buy 200,000 Bitcoin (BTC) a year over five years for a total acquisition of 1 million Bitcoin, which...
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11
Mar

Why is Cardano price down today?

Cardano (ADA) price displays weakness on March 11, down 2.5% over the last 24 hours to trade at $0.7250. A weakening technical setup and several onchain signals suggest that ADA could see a deeper correction in the coming days.ADA/USD daily chart. Source: Cointelegraph/TradingViewLet’s take a closer look at why ADA price is underperforming today.ADA falls...
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11
Mar

Bitcoin $70K retracement part of ‘macro correction’ in bull market — Analysts

Bitcoin’s potential retracement to $70,000 may be an organic part of the current bull market, despite crypto investor concerns of an early arrival of a bear market cycle.Bitcoin (BTC) fell more than 14% during the past week to close around $80,708 after investors were disappointed with the lack of direct federal Bitcoin investments in President...
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11
Mar

Why is Ethereum (ETH) price down today?

Ether (ETH) price declined by over 11.75% in the last 24 hours to around $1,900. At its intraday low, the cryptocurrency was trading for $1,755, its lowest price since October 2023.ETH/USD four-hour price chart. Source: TradingViewSeveral factors appear to be contributing to ETH price losses, including:US recession fears and its overall impact on risk-on markets.Massive...
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11
Mar

Why is Dogecoin price down today?

Dogecoin (DOGE) is underperforming its top-ranking rivals, having fallen over 8% in the last 24 hours to trade at $0.158.What to know:Dogecoin lost 41% of its value between March 3 and March 11.The top memecoin established its lowest price in four months at $0.142 on March 11.DOGE/USD daily price chart. Source: Cointelegraph/TradingViewDogecoin’s downturn today and...
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11
Mar

Is altseason dead? Bitcoin ETFs rewrite crypto investment playbook

Bitcoin exchange-traded products may have fundamentally altered the concept of a crypto “altseason.”For years, the crypto market followed a familiar rhythm, a near-predictable dance of capital rotation. Bitcoin (BTC) surged, bringing mainstream attention and liquidity, and then the floodgates opened to altcoins. Speculative capital rushed into lower-cap assets, inflating their values in what traders euphorically...
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11
Mar

Ether risks correction to $1.8K as ETF outflows, tariff fears continue

Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment.Ether (ETH) has fallen by more than 53% since it began its downtrend on Dec. 16, 2024, after it had peaked above $4,100, TradingView data shows.The downtrend has been fueled...
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11
Mar

Yuga exec warns about ‘true bear market’ Ether price as whales scramble

Yuga Labs’ vice president of blockchain warned that Ether could drop as low as $200 in a prolonged bear market, a 90% decline from its current price.In a March 11 post on X, the executive, known as “Quit,” pushed back against analysts who suggested $1,500 as the possible bottom for Ether (ETH). Instead, Quit argued...
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11
Mar

3 reasons XRP might drop to $1.60 in March

The XRP (XRP) daily chart registered its lowest candle close in 99 days on March 10. The altcoin dropped below the $2 support level but registered a short-term recovery of 12% on March 11. XRP 1-hour chart. Source: Cointelegraph/TradingViewOn the high time frame (HTF) charts, XRP must hold above its psychological level at $2, but...
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11
Mar

Paxos CEO urges US lawmakers to set cross-border stablecoin regulation

US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, where he will urge lawmakers to establish “cross-jurisdictional reciprocity” in...
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