Author: driver789
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Sam Altman’s World Foundation has raised $65 million through an over-the-counter (OTC) sale of its WLD token, which has hit new record lows. In a Saturday post on X, the foundation said its token issuance arm, World Assets, completed the sale to four counterparties over the past week, with the first tranche settling on March 20. The transactions were priced at an average of roughly $0.27 per token, suggesting that around 239 million Worldcoin (WLD) changed hands.“This sale funds the project’s core operations and activities, R&D, orb manufacturing, ecosystem development, and more,” World Foundation wrote on X. Of the total,…
Bitcoin held above $66,000 through most of the weekend, even as some traders expected sharper moves. Summary Bitcoin stayed above $66,000 for 36 hours after rebounding from Friday’s four-week low near $65,500. Major altcoins showed limited movement, while Bitcoin dominance slipped to 56% and market cap stalled. SIREN surged 13% to $1.80, while PI rebounded above $0.18 after recent weakness. The steady action followed a volatile week that pushed the asset from near $72,000 to a four-week low before it recovered. Most large-cap altcoins tracked Bitcoin’s calmer pace. Ethereum, XRP, Solana, and BNB posted only small moves, while a few…
Bittensor’s TAO has rallied 90% so far this month, and the tokens in its ecosystem are running up even harder.The network’s subnet token category reached a combined market cap of $1.47 billion on Monday, with $118 million in 24-hour trading volume, according to CoinGecko data. The surge follows TAO’s own run from $180 to above $332 in March, but the subnet tokens are where the real action is. Templar, the token for Subnet 3, gained 444% in 30 days. OMEGA Labs rose 440%. Level 114 added 280%. BitQuant gained 230%. Even the larger subnet tokens posted significant returns, with Chutes…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Onchain commodity trading is proving it’s more than a short-term spike, but limited liquidity continues to hold the market back from competing with traditional venues.Hyperliquid’s HIP-3 market recorded a new all-time high on March 23, with roughly $5.4 billion in perpetual futures volume across commodities and macro assets. Silver led the activity at $1.3 billion, followed by WTI crude oil at $1.2 billion, Brent crude at $940 million and gold at $558 million. Equity indices, including the Nasdaq and S&P 500, also saw notable volumes.HIP-3 per volume. Source: ArtemisIndustry participants say the spike shows growing demand for macro exposure onchain.…
Onchain commodity trading is proving it’s more than a short-term spike, but limited liquidity continues to hold the market back from competing with traditional venues.Hyperliquid’s HIP-3 market recorded a new all-time high on March 23, with roughly $5.4 billion in perpetual futures volume across commodities and macro assets. Silver led the activity at $1.3 billion, followed by WTI crude oil at $1.2 billion, Brent crude at $940 million and gold at $558 million. Equity indices, including the Nasdaq and S&P 500, also saw notable volumes.HIP-3 per volume. Source: ArtemisIndustry participants say the spike shows growing demand for macro exposure onchain.…
Jordi Visser, a 30-Year Veteran Analyst: “Bitcoin Will Set a New Record This Year, But the Situation Is Different for Altcoins” – BitRss
Jordi Visser, a well-known figure in the financial world, emphasized in a broadcast that global markets have entered a “capacity” phase and that investors must now accept that the era of low inflation and abundant liquidity is over. According to Visser, Bitcoin retains the potential to be the strongest performing asset in this new economic regime. Visser stated that we are in a process similar to the inflationary fluctuations of the 1970s, reminding that stock market returns have historically been negative during periods when inflation (CPI) has been at or above 4%. The renowned investor stated that the structural increase…
Crypto’s future is bright in the context of AI’s assault on SaaS, says Kraken-backed SPAC
Don’t be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than traditional software as a service (SaaS) operations, according to Ravi Tanuku, CEO of KRAKacquisition Corp. (KRAKU), a blank check company backed by U.S. crypto exchange Kraken.The company, a Nasdaq-listed special purpose acquisition company (SPAC) sponsored by Kraken with venture firms Natural Capital and Tribe Capital, closed its $345 million IPO in January, and is now ready to explore deals with crypto-native firms valued between $2 billion and $10 billion, Tanuku said in an interview.This might sound…
Cardano has been stuck below 30 cents for weeks, and its ranking among global cryptocurrencies has slipped to 12th place. Against that backdrop, a trader is now arguing the coin could still reach $2 — and sooner than most people think. The Math Behind The Claim The argument comes from Yesreel, a crypto trader with six years of experience, who posted the projection on social media. Based on his analysis, ADA would only need to string together five to six days of 40–50% daily gains to close the gap between its current price and the $2 target. At roughly $0.25…