Coinatory

Ethereum's co-founder, Vitalik Buterin, recently shared his perspective on the proliferating trend of meme coins, signaling a call for a more conscientious approach within the crypto community. Buterin's commentary, delivered on March 29, underscores his desire for meme coins that not only entertain but also contribute meaningful value to both the ecosystem and society at large. Buterin argues for a nuanced shift away from the proliferation of meme coins, which, in his view, often lack substantial benefit beyond attracting new users. He envisions a future where meme coins serve a greater purpose, suggesting the potential of these digital assets to fund technology and societal causes, such as anti-cancer initiatives or climate change mitigation efforts. Highlighting the saturation of the market, with over 340 meme coins currently Read more about Vitalik Buterin Advocates for Quality Over Quantity in Meme Coin Sector #Buterin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Me...

In an extraordinary display of market dynamics, Bitcoin futures open interest has escalated to a record-setting $38 billion, showcasing a robust 10% enhancement in Bitcoin's price over the preceding week. This remarkable increase underscores a burgeoning interest and speculative investment in the anticipated price trajectories of Bitcoin. Binance, acclaimed as the foremost cryptocurrency exchange globally, has disclosed an unparalleled BTC open interest, amassing to $8.4 billion. This historic peak in Bitcoin futures open interest occurs as the cryptocurrency market braces for the expiration of Bitcoin and Ethereum options valued at $15.1 billion, a scenario poised to potentially catalyze heightened market volatility. The imminent options expiry is anticipated to provoke considerable price adjustments, as traders recalibrate their Read more about Record Surge in Bitcoin Futures Open Interest Precedes Major Options Expiry #Bitcoin, #BitcoinFutures, #BTC, #Cryptocurrency, #Cryptomark...

In a marked shift within the digital currency landscape, the cryptocurrency sector experienced a significant reduction in financial losses due to hacking activities in the first quarter of 2024. A report issued by Immunefi, a leading cybersecurity firm specializing in the crypto realm, details that the industry faced losses amounting to $336.3 million, representing a 23.1% decrease from the previous year's figures. The analysis provided by Immunefi sheds light on the distribution of these financial setbacks, attributing over $321 million of the losses to a combination of 46 hacking incidents and 15 fraudulent activities. These events predominantly targeted decentralized finance (defi) platforms, which bore the brunt of the financial losses, underlining the sector's vulnerability to security breaches, particularly through the Read more about Decline in Crypto Hacking Losses Marks Q1 2024 #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Hacker, #Hacking, #News, #Regulations

In a significant development within the cryptocurrency and legal landscape, Sam Bankman-Fried, the architect of the once-giant cryptocurrency exchange FTX, has been handed a 25-year prison sentence by Judge Lewis Kaplan. The court's decision comes after a detailed examination of Bankman-Fried's involvement in a series of financial misdeeds that contributed to the exchange's dramatic collapse. The sentence comprises a primary term of 20 years, supplemented by an additional 60 months, following Bankman-Fried’s conviction on charges including fraud and conspiracy, which have left an indelible mark on the cryptocurrency industry. Notably, Judge Kaplan explicitly addressed Bankman-Fried’s attempt to obstruct justice through communication intended to tamper with a witness, dismissing his defense regarding the misuse of FTX customer funds a Read more about Sam Bankman-Fried Receives 25-Year Sentence in High-Profile FTX Case #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Fried,...

Circle, the eminent financial technology firm, has officially unveiled the incorporation of its hallmark stablecoin, USDC, into the zkSync ecosystem, paving the way for a new paradigm in financial transactions and developer engagement. This strategic move is poised to bolster both liquidity and usability within zkSync, a cutting-edge layer 2 scaling solution for the Ethereum blockchain, renowned for its utilization of zero-knowledge proofs to enhance transactional efficiency while simultaneously diminishing associated costs. In a recent communiqué through its blog, Circle articulated the vision behind this integration, stating, “The introduction of native USDC within the zkSync environment is poised to inaugurate an unprecedented era of frictionless transactions and expanded integration capabilities for both developers and in Read more about Circle Integrates USDC Stablecoin into zkSync for Enhanced Efficiency #Circle, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, ...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious12:303 pointsCore PCE Price Index (MoM) (Feb)0.3%0.4%12:303 pointsCore PCE Price Index (YoY) (Feb)2.8%2.8%12:302 pointsGoods Trade Balance (Feb)  -90.10B-90.51B12:302 pointsPCE Price index (YoY) (Feb)2.5%2.4%12:302 pointsPCE price index (MoM) (Feb)0.4%0.3%12:302 pointsPersonal Spending (MoM) (Feb)0.5%0.2%12:302 pointsRetail Inventories Ex Auto (Feb)---------0.3%15:202 pointsFOMC Member Daly Speaks  ------------------15:303 pointsFed Chair Powell Speaks  ------------------16:302 pointsAtlanta Fed GDPNow (Q1)  2.1%2.1%19:302 pointsCFTC Crude Oil speculative net positions---------277.8K19:302 pointsCFTC Gold speculative net positions---------201.6K19:302 pointsCFTC Nasdaq 100 speculative net positions---------11.2K19:302 pointsCFTC S&P 500 speculative net positio Read more about Upcoming economic events 29 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

In a recent development that stirred significant concern among its clientele, OKX, a premier cryptocurrency exchange, experienced a critical technical malfunction. This glitch led to pronounced discrepancies in the display of account balances, sowing confusion among users. A subset of accounts erroneously displayed a nil balance, while others exhibited inflated figures, escalating to tens of millions of dollars. This anomaly impacted a vast number of users across multiple jurisdictions, notably Singapore, the United Kingdom, and Japan. In response, OKX has swiftly rectified the anomaly, reinforcing the platform's robustness and the uncompromised security of user assets. The core of the issue traced back to a malfunction within the exchange's Rest API (Representational State Transfer Application Programming Interface). This critical Read more about OKX Navigates Rest API Glitch, Ensuring User Asset Safety #Cryptocurrency, #Cryptoexchange, #Cryptomarket, #Cryptonewstoday, #OKX, #...

In a significant legal development, the U.S. District Court for the Southern District of New York has issued a ruling that stands in stark contrast to the Securities and Exchange Commission's (SEC) allegations against Coinbase Wallet. The court decisively rejected the SEC’s assertion that Coinbase Wallet functions as an unregistered brokerage service. Furthermore, Judge Katherine Polk Failla ruled against the SEC’s request to terminate Coinbase's cryptocurrency staking program, marking a pivotal moment for the digital asset industry. This judicial decision elucidates that Coinbase Inc. has indeed engaged in the sale and offering of securities, complying with U.S. law, thereby countering the SEC’s prior lawsuit which claimed otherwise. Judge Failla’s findings further articulate that Coinbase, under federal securities legislation, oper Read more about SEC vs Coinbase: Court Denies Unregistered Broker Allegation #Coinbase, #Cryptocurrency, #Cryptomarket, #Cryptonews...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsRetail Sales (MoM) (Feb)0.4%1.1%12:302 pointsContinuing Jobless Claims---------1,807K12:303 pointsGDP (QoQ) (Q4)3.2%4.9%12:302 pointsGDP Price Index (QoQ) (Q4)1.6%3.3%12:303 pointsInitial Jobless Claims212K210K13:453 pointsChicago PMI (Mar)45.944.014:002 pointsMichigan 1-Year Inflation Expectations (Mar)3.0%3.0%14:002 pointsMichigan 5-Year Inflation Expectations (Mar)2.9%2.9%14:002 pointsMichigan Consumer Expectations (Mar)74.675.214:002 pointsMichigan Consumer Sentiment (Mar)76.576.914:002 pointsPending Home Sales (MoM) (Feb)1.4%-4.9%17:002 pointsU.S. Baker Hughes Oil Rig Count---------50917:002 pointsU.S. Baker Hughes Total Rig Count---------62420:302 pointsFed's Balance Sheet---------7,514B23:302 pointsTokyo Core CPI (YoY) (Mar)2.4%2.5%23:502 pointsIndustrial Read more about Upcoming economic events 28 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

In a significant legal development, the Securities and Exchange Commission (SEC) of the United States has taken a firm stance against Ripple Labs, proposing a monumental $1.95 billion fine. The action underscores the regulatory body's intent to uphold the sanctity of market laws, addressing what it perceives as a glaring contravention of securities regulations by the digital currency enterprise. This proposition was formally presented to Judge Analisa Torres of a New York district court early this week, encapsulating a breakdown of the penalty to include $876 million in disgorgement, $198 million in prejudgment interest, and an additional $876 million labeled as a civil penalty. Central to the SEC's litigation strategy is its characterization of Ripple Labs' operations as egregiously violative, with the agency emphasizing the Read more about SEC Targets Ripple Labs with $2 Billion Fine for Regulatory Misconduct #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regul...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious12:302 pointsECB's Elderson Speaks------------------14:303 pointsCrude Oil Inventories-1.000M-1.952M14:302 pointsCushing Crude Oil Inventories----------0.018M17:002 points7-Year Note Auction---------4.327%22:002 pointsFed Waller Speaks------------------ Read more about Upcoming economic events 27 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The Curio decentralized finance (DeFi) project recently encountered a formidable security breach, culminating in a substantial financial setback quantified at $16 million by Cyvers Alerts, a reputable entity in cybersecurity analysis. This incident underscores a critical vulnerability in the project's permissioned access protocols, enabling an unauthorized actor to fabricate 1 billion CGT tokens. Consequently, this malefactor commandeered CGT tokens approximating a staggering value of $40 million. This revelation from Cyvers Alerts succeeded an advisory issued by Curio, alerting its community to a smart contract compromise. The experts at Cyvers Alerts pinpointed a MakerDAO-based smart contract, operative within Curio's ecosystem on the Ethereum blockchain, as the exploit's locus. The official statement from the Curio team Read more about Major Security Breach in Curio Ecosystem Results in $40 Million Loss #CGTToken, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Cybers...

The London Stock Exchange (LSE) is poised to commence the trading of Bitcoin and Ethereum exchange-traded notes (ETNs) starting May 28, contingent on the approval of the Financial Conduct Authority (FCA). This development is preceded by the LSE's announcement to accept listing applications for cryptocurrency ETNs from April 8, representing a pivotal integration of digital currencies into the United Kingdom's financial marketscape. This innovative initiative aims to draw a broad spectrum of issuers and investors, mirroring the success Bitcoin ETFs have garnered in the United States since their inception in January. The LSE has delineated clear guidelines for potential issuers, stipulating an April 15 deadline for the submission of requisite documentation, including a base prospectus for FCA evaluation. ETNs and ETFs, while both Read more about London Bourse to Debut Bitcoin and Ethereum ETNs in May #Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #London, #...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious05:002 pointsBoJ Core CPI (YoY)2.5%2.6%12:302 pointsCore Durable Goods Orders (MoM) (Feb)0.4%-0.3%12:303 pointsDurable Goods Orders (MoM) (Feb)1.2%-6.1%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Jan)6.6%6.1%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Jan)----------0.3%14:003 pointsCB Consumer Confidence (Mar)106.9106.716:302 pointsAtlanta Fed GDPNow (Q1)  2.1%2.1%17:002 points5-Year Note Auction---------4.320%19:002 pointsECB's Lane Speaks  ------------------20:302 pointsAPI Weekly Crude Oil Stock----------1.519M Read more about Upcoming economic events 26 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

RippleX, the developmental arm behind the XRP Ledger (XRPL), has identified a critical technical anomaly affecting certain Automated Market Maker (AMM) pools within the XRPL ecosystem. This glitch has led to significant disruptions in transaction processing, compelling the RippleX team to issue a cautionary note to its user base. Via a communique on the social platform X, RippleX has strongly recommended against further fund allocations into the affected AMM pools and encouraged liquidity providers holding LP tokens to retrieve their investments until a remedy is deployed. Automated Market Maker pools are pivotal in the mechanics of decentralized exchanges (DEXs), eliminating the need for conventional order books by facilitating direct asset swaps within the pool, thus serving as a cornerstone for asset liquidity. The glitch in Read more about RippleX Detects Issue in XRP Ledger, Advises Pause on AMM Pool Deposits #AMMPools, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Reg...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsECB President Lagarde Speaks------------------12:002 pointsBuilding Permits1.518M1.489M12:252 pointsFOMC Member Bostic Speaks ------------------14:003 pointsNew Home Sales (Feb)675K661K14:002 pointsNew Home Sales (MoM) (Feb)---------1.5%17:002 points2-Year Note Auction---------4.691% Read more about Upcoming economic events 25 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The European Union has unveiled a groundbreaking regulation that prohibits all transactions via anonymous, private cryptocurrency wallets, regardless of the transaction's value. A spokesperson for the European Parliament disclosed that this directive garnered the endorsement of a significant majority within the EU Parliament's leading committee last Thursday. This novel regulation, designed to thwart money laundering activities, introduces stringent restrictions on cash transactions and entirely forbids anonymous dealings in cryptocurrencies. It specifically criminalizes any cash transactions exceeding €10,000 and any anonymous cash transactions above €3,000. EU Legislation The measure focuses on curtailing transactions between private, unregistered crypto wallets and regulated financial entities, significantly restricting their uti Read more about EU Cracks Down on Anonymous Crypto Transactions with Landmark Directive #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #EU, #...

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Grayscale Ethereum (ETH) Futures Trust exchange-traded fund (ETF) once more. This latest delay, revealed in a SEC document on March 22, moves the decision deadline from March 31 to May 30. This announcement has ignited considerable intrigue and conjecture within the digital currency community, as it impacts the future of Grayscale’s Ethereum Futures Trust ETF. The postponement occurs amidst a wider regulatory examination of cryptocurrency-related financial offerings, following the earlier sanctioning of Bitcoin ETFs this year. Grayscale's Ethereum ETF proposal has encountered numerous delays, with the SEC requiring more time to review the suggested rule modification and address concerns. The initial decision, set for December 2023, was deferred Read more about SEC Delays Decision on Grayscale Ethereum ETF #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF, #EthEtf, #Ethereum, #EthereumETF, #New...

Floki's strategic blueprint unveils initiatives to debut digital banking solutions, enabling users to recharge their accounts with FLOKI tokens. These innovative accounts are designed to support transactions in prominent currencies, including dollars, euros, and pounds, paving the way for Floki's evolution into a holistic provider of cryptocurrency financial services by integrating debit cards and staking opportunities into its growth plan. The introduction of digital banking accounts is set to revolutionize how debit cards are linked and used, offering flawless connectivity with major global payment infrastructures such as the SWIFT network and SEPA IBANs, thus facilitating global transactions and fund transfers. The company's roadmap, disclosed today, indicates that these debit cards will align with leading payment conduits like Read more about Floki Unveils Revolutionary Digital Banking and Education Platform #Banking, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #F...

Sam Altman's Worldcoin has introduced a novel feature for personal data management and has made the essential software of its iris-scanning technology, known as the Orb, freely available as open source. The Orb by Worldcoin leverages iris scans to generate World IDs, which are unique biometric profiles designed to facilitate a worldwide basic income initiative via its WLD cryptocurrency distribution. In response to growing skepticism and regulatory examination, especially concerning its management of sensitive biometric information, Worldcoin has embarked on enhancing transparency and user empowerment. It has opened the source code of the Orb's essential software, inviting public engagement and contributions towards its enhancement. The value of Worldcoin's WLD token has seen a 24% increase over the previous month, as reported by Read more about Worldcoin Revolutionizes Privacy with User-Controlled Biometric Data #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Reg...

Recent findings from Eric Balchunas, a seasoned ETF analyst at Bloomberg, propose that Bitcoin's price movements are influenced by more than just the activities of spot Bitcoin Exchange Traded Funds (ETFs). Balchunas suggests that larger, overarching factors play a significant role in determining the value of the leading cryptocurrency. This implies that the connection between spot ETF flows and Bitcoin's price fluctuations isn't as straightforward as some might assume. The Influence of ETFs on Market TrendsThis assessment emerges during a period of notable financial activity for Grayscale, which has witnessed substantial outflows recently, described by Balchunas as a "second wind" of departures. Yesterday, Grayscale reported outflows totaling $281.57 million, leading to a significant reduction in its Bitcoin holdings by over Read more about Bitcoin's Journey: From ETFs to Powell's Pronouncements #Adoption, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cry...

On March 21, for the first time in 18 months, the total value of all stablecoins in the cryptocurrency market reached a landmark $150 billion. This notable achievement was highlighted in a report by CoinGecko, which also pointed out that the daily trading volume for this category of digital assets neared an impressive $122 billion. Leading the charge in this surge is Tether (USDT), which holds a dominant 70% of the market share. Following closely is USD Coin (USDC) with a market capitalization of $31.8 billion, securing for Circle's stablecoin a significant chunk of over 20% of the market. Ranking third is DAI, with a valuation of $4.7 billion, representing 3% of the market share at the time of reporting. The cryptocurrency community interprets this significant increase in the market capitalization of stablecoins as a positive Read more about Stablecoins Surge to $150 Billion in Market Capitalization #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations, #Stablecoin...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsRBA Financial Stability Review------------------10:002 pointsEuro Summit  ------------------13:003 pointsFed Chair Powell Speaks  ------------------16:002 pointsFed Vice Chair for Supervision Barr Speaks  ------------------17:002 pointsU.S. Baker Hughes Oil Rig Count---------51017:002 pointsU.S. Baker Hughes Total Rig Count---------62917:002 pointsECB's Lane Speaks  ------------------20:002 pointsFOMC Member Bostic Speaks------------------20:302 pointsCFTC Crude Oil speculative net positions---------233.8K20:302 pointsCFTC Gold speculative net positions---------201.6K20:302 pointsCFTC Nasdaq 100 speculative net positions---------1.4K20:302 pointsCFTC S&P 500 speculative net positions----------239.8K20:302 pointsCFTC AUD speculative net positions----------90.8K20:302 p Read more about Upcoming economic events 22 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The U.S. Securities and Exchange Commission (SEC) has once more deferred its verdict on an Ethereum-based Exchange-Traded Fund (ETF), specifically affecting the application by VanEck for an Ethereum ETF by assigning a new decision date. The regulatory body has now scheduled May 23 as the new deadline for its decision, simultaneously opening the floor for public commentary on this subject. This move underscores the regulator's prudence when dealing with cryptocurrencies. In a recent document, the SEC articulated its decision to allocate additional time for a thorough review of the proposed ETF, incorporating considerations from Amendment No. 1 and various concerns presented. This delay is consistent with prior postponements experienced by other Ethereum ETF proposals, such as those by Hashdex Nasdaq and ARK 21Shares, reflecting the Read more about SEC Postpones Ethereum ETF Decision Again #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #News, #Reg...

In March 2024, the U.S. Securities and Exchange Commission (SEC) requested Congress for an additional allocation of $158 million in federal funds. This request, detailed in the Congressional Budget Justification, aims to address a range of challenges, including the regulation of the cryptocurrency markets. A portion of these funds is earmarked for hiring new staff and supporting legal battles the SEC is currently engaged in. SEC Chairman Gary Gensler has famously described the cryptocurrency sector as the "wild west," highlighting the dramatic shift in how investors communicate, from Reddit forums to endorsements by celebrities. He noted, "We're witnessing the untamed frontiers of the crypto markets, teeming with noncompliance, where investors gamble their hard-earned money on a highly speculative asset class." For 2024, the Read more about SEC Seeks $158 Million Boost for Crypto Oversight Amid Market Challenges #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, ...

Over the last 24 hours, collateral exceeding the value of $5.4 million has been liquidated on various decentralized finance (DeFi) platforms. Ethereum faced the harshest impact, with its liquidations forming $4.2 million of the aggregate amount. Parsec's analysis suggests a looming risk of further instability, indicating that a dip in Ethereum's price to $3,008 could set off additional liquidations worth $24 million. Central to these liquidation events are on-chain derivatives trading platforms, including GMX, Kwenta, and Polynomial, which have collectively witnessed liquidations surpassing $52 million just within the last day. In the DeFi sector, liquidation implies the forced sale of assets that were put up as loan security. These assets are sold by the platforms or protocols when the market price of the collateral asset plummets, Read more about Ethereum Faces Major Setback as DeFi Platforms Witness Over $5.4 Million in Liquidations Amid Market Turbulence #Blockchain, #Crypt...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:152 pointsChina Loan Prime Rate 5Y (Mar)3.95%3.95%01:152 pointsPBoC Loan Prime Rate3.45%3.45%08:452 pointsECB President Lagarde Speaks------------------09:302 pointsECB's Lane Speaks  ------------------13:452 pointsECB's Schnabel Speaks  ------------------14:302 pointsCrude Oil Inventories-0.025M-1.536M14:302 pointsCushing Crude Oil Inventories----------0.220M18:002 pointsInterest Rate Projection - 1st Yr (Q1)---------4.6%18:002 pointsInterest Rate Projection - 2nd Yr (Q1)---------3.6%18:002 pointsInterest Rate Projection - Current (Q1)---------5.4%18:002 pointsInterest Rate Projection - Longer (Q1)---------2.5%18:002 pointsFOMC Economic Projections------------------18:002 pointsFOMC Statement  ------------------18:002 pointsFed Interest Rate Decision5.50%5.50%18:302 pointsFOMC Pre Read more about Upcoming economic events 20 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The sensational Dogwifhat memecoin, inspired by a photograph that has taken the Solana network by storm, was acquired as an NFT by a prominent trader known for securing a $10 million victory in a wager against Terraform Labs' Do Kwon. This particular NFT, capturing the iconic Dogwifhat (WIF) dog named Achi adorned in a hat, fetched 1,210 Ether (ETH), equivalent to $4.3 million, in a competitive auction over three days on the Foundation digital collectible platform. Achi, the hat-wearing dog, became the muse behind the wildly successful Solana memecoin, which astonishingly reached over a $3 billion market valuation this month. The notable acquisition was made by the well-regarded crypto trading entity, Gigantic Rebirth Ventures, also referred to as GCR. GCR is notably recognized for placing a bold $10 million bet with Terraform Labs' Read more about Iconic Dogwifhat NFT Fetches $4.3 Million, Fueling Solana's Memecoin Mania #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #N...

Worldcoin's representatives assert that their operations are fully lawful, adhering to the legal frameworks of the jurisdictions where the cryptocurrency is available. In a statement dated March 18, they confirmed the project's commitment to aligning with all pertinent laws and regulations regarding data collection and sharing. Specifically, Worldcoin has aligned its practices with the European Union's General Data Protection Regulation (GDPR) and Argentina's Personal Data Protection Law, ensuring legal compliance. The statement emphasizes, "Worldcoin conducts its business legally across all regions where its services are offered." The Worldcoin organization also highlighted its dedication to the transparency of the project and the confidentiality of the biometric data it collects, specifically stating that the iris scans Read more about Worldcoin Ensures Legal Compliance Amid Regulatory Scrutiny #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regula...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious02:302 pointsBoJ Monetary Policy Statement  ------------------03:002 pointsBoJ Interest Rate Decision0.00%-0.10%03:302 pointsRBA Interest Rate Decision (Mar)4.35%4.35%03:302 pointsRBA Rate Statement  ------------------04:302 pointsIndustrial Production (MoM) (Jan)-7.5%1.4%06:302 pointsBoJ Press Conference  ------------------08:302 pointsECB's De Guindos Speaks  ------------------10:002 pointsWages in euro zone (YoY) (Q4)---------5.30%10:002 pointsZEW Economic Sentiment (Mar)25.425.012:302 pointsBuilding Permits (Feb)  ---------1.489M12:302 pointsHousing Starts (MoM) (Feb)----------14.8%12:302 pointsHousing Starts (Feb)1.435M1.331M16:302 pointsAtlanta Fed GDPNow (Q1)2.3%2.3%17:002 points20-Year Bond Auction---------4.595%20:002 pointsTIC Net Long-Term Transactions (Jan)95.5 Read more about Upcoming economic events 19 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

XRP has recently scored a significant spot on Atlantis Exchange, a crypto trading platform fully registered with the U.S. Department of the Treasury. In a recent announcement posted on X, Atlantis Exchange revealed that it has added XRP to its lineup of supported cryptocurrencies. Specifically, XRP trading kicked off on the platform at 5:00 AM UTC on March 17, paired with the USDB. According to the announcement, XRP deposits on Atlantis Exchange are currently facilitated through BNB Chain (BEP20), indicating that the platform hasn't integrated the XRP Ledger (XRPL) just yet. Noteworthy is that the platform started accepting XRP deposits since Wednesday, March 13. While XRP trading began on March 17, users of Atlantis Exchange will be able to initiate withdrawal requests three days later, starting from March 20. The exchange Read more about US-Registered Atlantis Exchange Launches XRP Trading #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #...

Charles Hoskinson, the visionary behind Cardano, recently tackled the misinformation and concerns swirling around Hydra, a pivotal development project aimed at bolstering Cardano's capabilities. Dubbed a layer-two scaling solution, Hydra is meticulously engineered to boost Cardano's transaction throughput while minimizing costs. Despite rumors suggesting its abandonment, Hoskinson's assertion was unequivocal: Hydra's development team has never been more energized or productive. Embedded in the Cardano ecosystem, Hydra emerges as a groundbreaking, open-source framework dedicated to the creation of off-chain ledgers. This initiative is designed to empower developers with the tools to exploit blockchain technology more efficiently. Hydra distinguishes itself by enabling the concurrent processing of transactions through distinct Read more about Cardano's Hydra Ignites Developer Energy: A Leap Towards Scalability Amid Investment Shuffles #ADA, #Bitcoin, #Blockchain, #Car...

John Deaton, an advocate for XRP, recently informed his substantial online audience that he has successfully funded half of his campaign expenses and is now seeking their financial support to cover the remaining costs, either through traditional currency or digital assets. As a staunch opponent of cryptocurrency skeptic, Senator Elizabeth Warren, Deaton is determined to contest her in the upcoming Massachusetts Senate election. He confidently shared with his 324,100 followers on X that a personal investment of $500,000 has been made into his campaign. Deaton believes he stands a chance against Warren, who has been in office for over a decade, stating that the notion of her invincibility in Massachusetts is a misconception. The election, set for September 3, finds Deaton having contributed half of the required campaign funds. He is Read more about XRP Advocate Aims for Senate Victory, Targets $1M in Crypto-Friendly Funding #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regula...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious02:002 pointsFixed Asset Investment (YoY) (Feb)3.2%3.0%02:002 pointsIndustrial Production (YoY) (Feb)5.3%6.8%02:002 pointsChinese Industrial Production YTD (YoY) (Feb)---------4.6%02:002 pointsChinese Unemployment Rate (Jan)5.1%5.1%02:002 pointsNBS Press Conference  ------------------10:002 pointsCore CPI (YoY) (Feb)3.1%3.3%10:003 pointsCPI (YoY) (Feb)2.6%2.8%10:002 pointsCPI (MoM) (Feb)0.6%-0.4%10:002 pointsTrade Balance (Jan)---------16.8B20:002 pointsWestpac Consumer Sentiment---------88.9 Read more about Upcoming economic events 18 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Nigeria's financial regulatory body, the Securities and Exchange Commission (SEC), has put forth a proposal to substantially increase the registration fees for cryptocurrency exchanges within the country. This proposed revision would escalate the fee from its current rate of 30 million naira (around $18,620) to 150 million naira ($93,000), marking a significant uptick as part of an effort to strengthen the oversight of digital asset service providers. In a move towards creating a more transparent and well-defined regulatory landscape for cryptocurrency services, the SEC is looking to incorporate insights from industry participants. This initiative follows recent consultations with the Central Bank of Nigeria (CBN). Originally, the Nigerian SEC laid out its rules and guidelines for entities dealing with crypto and digital assets Read more about Nigeria Proposes Sharp Increase in Crypto Exchange Fees Amid Regulatory Overhaul #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cry...

El Salvador, under the leadership of President Nayib Bukele, has recently enhanced the security of its substantial Bitcoin holdings by transferring them to a cold storage solution. This strategic move involves safeguarding over 5,689.68 BTC, with a market value exceeding $386 million, within a secure offline facility domestically. This initiative, described by President Bukele as establishing the nation's inaugural "bitcoin savings account," illustrates El Salvador's dedication to using digital currency as a tool for economic advancement while mitigating risks of cyber threats. With the pioneering adoption of Bitcoin as an official currency in September 2021, despite skepticism from entities like the International Monetary Fund (IMF), El Salvador has embarked on a transformative journey to reshape its economy. The integration of Read more about El Salvador Bolsters Economic Vision by Securing Bitcoin Holdings in Cold Storage #Bitcoin, #Blockchain, #Cryptocurrency, #Cr...

A captivating image featuring a dog adorned with a hat, iconic to the Dogwifhat meme cryptocurrency, is now available for acquisition as an NFT, priced at $25,000. The canine, which has become emblematic of the Dogwifhat (WIF) meme currency, is represented in a celebrated photograph now up for grabs in the form of a digital collectible. Originally named Chi-Chi, the dog was later renamed Achi. This notable image, serving as the emblem for the Dogwifhat meme currency, was reportedly snapped just two months following Achi's birth on November 17, 2018. The snapshot, showing Achi donning a charming hat, was taken by Achi's owners and swiftly became a viral sensation, endearing itself to millions worldwide as the "wif" meme. This NFT auction has been active on the Foundation platform for several days, drawing significant interest Read more about Iconic Dogwifhat Meme's NFT Auction Ignites Crypto Community Frenzy #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Doge, ...

In a recent study conducted by JPMorgan, it was found that Bitcoin now exceeds gold in its share of investor portfolios, once adjustments for volatility are made. Nikolaos Panigirtzoglou, a top executive at JPMorgan, highlighted that the allocation for Bitcoin (BTC) is now 3.7 times higher than that for gold. This shift is largely attributed to the significant capital inflow into spot Bitcoin Exchange-Traded Funds (ETFs). Following the green light for these ETFs in January, an impressive sum of over $10 billion has been poured into the market, with projections suggesting a potential growth to $62 billion. Forecasts by JPM Securities suggest that the market for spot Bitcoin ETFs could swell to $220 billion in the next 2-3 years, a development that could have a profound effect on Bitcoin's valuation. The positive impact of this Read more about Bitcoin Overtakes Gold in Investor Portfolios #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Bitcoin has recently outshined pop sensation Taylor Swift in Google searches, following a significant surge in interest, as reported by Bloomberg. This spike in attention comes from Google Trends data, highlighting that the cryptocurrency has hit its highest search volume in over a year, even outpacing the search interest for Taylor Swift, known for her hit "Anti-Hero," in the last week. According to U.Today, Bitcoin reached a record-breaking price of $73,737 this past Thursday. While there has been a slight decrease from these highs, the buzz around Bitcoin exchange-traded funds (ETFs) continues to be strong. These ETFs have made it easier for investors to get involved with Bitcoin, allowing them to invest without having to buy and hold the actual cryptocurrency. Since their introduction, these ETFs have attracted nearly $12 Read more about Bitcoin Surpasses Taylor Swift in Google Searches #Adoption, #Altcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #New...

Trail of Bits conducted an independent assessment of Worldcoin's decentralized identification protocol. This evaluation revealed that on August 14, 2023, the Trail of Bits professionals initiated an examination of the Worldcoin's software and the Orb device, which is designed to perform iris scans of users. Over a six-week period, these experts meticulously analyzed the code to identify any potential security weaknesses. This included the simulation of various cyber-attack scenarios to assess if user data could be compromised. The findings were reassuring, indicating that the code of the device is free from vulnerabilities that could be exploited. Furthermore, the audit highlighted that it would be challenging for potential cybercriminals to intercept iris data from the Orb's network traffic. Such an attempt would require the hacker Read more about Trail of Bits Clears Worldcoin's Identification Protocol of Vulnerabilities, Amid Rising Security Concerns #Cryptocurrency,...

The team behind Arbitrum is poised to revolutionize layer-2 transaction fees, promising a dramatic tenfold decrease effective March 18. This milestone achievement comes courtesy of Offchain Labs, who have successfully rolled out an enhancement to ArbOS, affectionately dubbed Atlas. This update ushers in support for blob transactions, a strategic move aimed at slashing the expenses associated with data transfers from Layer 2 back to the Ethereum main network. Earning widespread acclaim from the Arbitrum community, the Atlas initiative signifies a major leap forward, with many of the upgrade's components activated just a day prior. Offchain Labs anticipates this will lead to a staggering drop in the base fee rate, from 0.1 Gwei down to 0.01 Gwei, translating into a reduction in costs for users from around $0.5 to a mere $0.05 for the Read more about Arbitrum Announces Major Fee Cuts Following Implementation of Dencun #Arbitrum, #ArbitrumOne, #Cryptocurrency, #Cryptomarket, #Cryptonew...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsNew Loans1,540.0B4,920.0B12:302 pointsExport Price Index (MoM) (Feb)0.2%0.8%12:302 pointsImport Price Index (MoM) (Feb)0.3%0.8%12:302 pointsNY Empire State Manufacturing Index (Mar)-7.00-2.4013:152 pointsIndustrial Production (MoM) (Feb)0.0%-0.1%13:152 pointsIndustrial Production (YoY) (Feb)---------0.03%14:002 pointsMichigan 1-Year Inflation Expectations (Mar)  ---------3.0%14:002 pointsMichigan 5-Year Inflation Expectations (Mar)  ---------2.9%14:002 pointsMichigan Consumer Expectations (Mar)  75.175.214:002 pointsMichigan Consumer Sentiment (Mar)  77.176.914:302 pointsECB's Lane Speaks  ------------------17:002 pointsU.S. Baker Hughes Oil Rig Count---------50417:002 pointsU.S. Baker Hughes Total Rig Count---------62220:302 pointsCFTC Crude Oil speculative net positions Read more about Upcoming economic events 15 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENT...

A U.S. judge ruled that a legal case accusing crypto entities Gemini and Genesis of securities infractions holds merit. In a decisive move, District Judge Edgardo Ramos rebuffed attempts by the Gemini crypto exchange and the crypto lending firm Genesis to dismiss a complaint by the U.S. Securities and Exchange Commission (SEC) concerning an Earn program jointly operated by the two companies until the end of 2022. On March 13, within a legal directive, Judge Ramos articulated that the SEC had adequately demonstrated grounds to claim that Gemini and Genesis breached U.S. securities regulations. The judgment, emanating from a courtroom in the Southern District of New York, pointed to the application of the Howey Test and Reves Test by the regulatory body as sufficient grounds to classify the Earn program within the ambit of current Read more about U.S. Court Advances Securities Case Against Crypto Giants Gemini and Genesis #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Gemini, #Genesi...

The BNB Smart Chain is excited to announce its forthcoming major update, BEP 336, which draws inspiration from Ethereum's EIP 4844. This innovative step by the BNB Chain promises to dramatically reduce transaction fees while enhancing the overall efficiency of the network. This update is particularly timely, coinciding with the implementation of Ethereum’s Dencun upgrade on its mainnet, signaling a pivotal moment for the advancement of blockchain technology. BEP 336 introduces a novel concept of “Blob-Carrying Transactions” (BlobTx), which allows for the temporary and economical storage of large data packets, up to 128 KB. This method streamlines the transaction verification process across the network, enabling the BNB Smart Chain to improve its efficiency by focusing on the verification of data integrity within these blobs, as oppos Read more about BNB Smart Chain Revolutionizes Blockchain with BEP 336 Upgrade #Altcoin, #Bitcoin, #Blockchain, #BNBSmartChain, #Cryptocu...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious09:002 pointsIEA Monthly Report------------------09:302 pointsECB's Elderson Speaks------------------10:002 pointsNew Loans1,540.0B4,920.0B11:002 pointsECB's Schnabel Speaks------------------12:302 pointsContinuing Jobless Claims1,900K1,906K12:302 pointsCore PPI (MoM) (Feb)0.2%0.5%12:303 pointsCore Retail Sales (MoM) (Feb)0.5%-0.6%12:303 pointsInitial Jobless Claims218K217K12:303 pointsPPI (MoM) (Feb)0.3%0.3%12:302 pointsRetail Control (MoM) (Feb)----------0.4%12:303 pointsRetail Sales (MoM) (Feb)0.8%-0.8%14:002 pointsBusiness Inventories (MoM) (Jan)0.2%0.4%14:002 pointsRetail Inventories Ex Auto (Jan)0.3%0.4%18:002 pointsECB's De Guindos Speaks  ------------------20:302 pointsFed's Balance Sheet---------7,539B21:302 pointsBusiness NZ PMI (Feb)---------47.3 Read more about Upcoming economic events 14 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Nebojsa Urosevic, the co-founder and Senior Vice President of Tenderly, emphasized the need for Ethereum to evolve in response to the surge in transaction volumes without imposing exorbitant fees on users as its global uptake increases rapidly. Ethereum is on the verge of rolling out the widely discussed Dencun upgrade, aimed at enhancing the blockchain's foundational layer. This improvement seeks to increase network capacity and lower transaction costs through the introduction of proto-danksharding, a key technological advancement. This upgrade will provide L2 solutions, such as Optimism, with additional data capacity through blob access. With a decade of software engineering experience and the development of a scalable Ethereum Virtual Machine (EVM) at Tenderly, Urosevic views this upgrade as pivotal for the future of Read more about Ethereum's Evolution: Navigating the Surge in Transactions with the Dencun Upgrade #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Dencun, #D...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious08:002 pointsNew Loans1,510.0B4,920.0B08:002 pointsEuropean Central Bank Non-monetary Policy Meeting  ------------------08:252 pointsECB's Supervisory Board Member Jochnick Speaks  ------------------10:002 pointsIndustrial Production (MoM) (Jan)-1.8%2.6%14:303 pointsCrude Oil Inventories0.875M1.367M14:302 pointsCushing Crude Oil Inventories---------0.701M17:003 points30-Year Bond Auction---------4.360% Read more about Upcoming economic events 13 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The CEO of Nanse AI has hinted that Shiba Inu and Dogecoin might soon overtake Cardano in the top 10 cryptocurrency rankings, sparking renewed debates within the crypto communities. A quick look at the SHIB and DOGE price charts reveals a noticeable uptrend. SHIB, in particular, shows a strong bullish pattern, with its price surging upwards, breaking through resistance levels backed by a significant trading volume. This surge has caught the attention of many, leading to a wave of FOMO that could push prices even higher. Dogecoin's performance is similarly impressive, with its price climbing steadily and holding above its moving averages. The 50-day moving average has acted as a solid foundation, suggesting that Dogecoin's price could continue to rise if the momentum persists. These trends reflect the growing enthusiasm around Read more about Shiba Inu and Dogecoin Set to Challenge Cardano #Adoption, #Altcoin, #Bitcoin, #Blockchain, #Cryptomarket, #Cryptonewstoday, #News, #Regul...

FLOKI has made a significant move by teaming up with DWF Labs Liquid Markets, paving the way for institutional investors to dive into over-the-counter (OTC) trading of FLOKI on a grand scale. This strategic partnership positions FLOKI to tap into the growing interest from institutional circles, marking a pivotal moment in its journey to become a leading global cryptocurrency. In addition to this major leap, FLOKI's crypto locker protocol, FlokiFi Locker, has reached a new peak, boasting a Total Value Locked (TVL) of $148.8 million. This achievement not only sets a new record for the protocol but also eclipses the TVLs of prominent memecoins, highlighting the expanding trust and adoption within the FLOKI ecosystem. FlokiFi Locker, by utilizing FLOKI as its core utility token, plays a vital role in the ecosystem. It allows for the Read more about FLOKI and DWF Labs Forge Strategic Partnership #Altcoin, #Bitcoin, #Blockchain, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

In December 2021, a crowdfunding platform exploring the Kickstarter model caught the attention of investors with a proposition to transition into a web3-oriented entity. Fortune magazine highlighted that this development was unexpected, given that the Kickstarter team had dedicated years to building the company's financial foundation, despite dwindling hopes of finding a buyer. "However, after operating for over a decade, Kickstarter's allure had diminished, and it had seen a series of CEO turnovers. By 2021, Kickstarter seemed to offer potential investors nothing but challenges," reported Fortune. Insiders note that in the summer of 2021, Kickstarter's board members engaged venture capitalist Chris Dixon, suggesting a novel investment in Kickstarter, sweetened by the enticing prospect of shifting towards blockchain technology Read more about Kickstarter's Unexpected Shift to Web3: Ambitions, Challenges, and a Strategic Pivot #Blockchain, #Cryptocurrency, #Cry...