Bitcoin has clocked a 7% gain over the past 24 hours despite all of its valuation metrics leaning bearish and US demand recently waning off. “All Bitcoin valuation metrics indicate that we are in bearish territory,” onchain analytics platform CryptoQuant said in a March 11 markets report viewed by Cointelegraph. Demand falling at “fastest pace”…
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Ethereum Layer 2 Starknet está estableciendo las bases para establecerse en Bitcoin y Ethereum para unificar las dos cadenas de bloques más grandes en una sola capa. La Fundación Starknet dijo en su hoja de ruta de Bitcoin del 11 de marzo que está apuntando a que Starknet se convierta en la capa de ejecución…
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,…
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An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO. On March 10, a wallet address deposited 30,098 Ether (ETH), worth about $56 million, into Sky. Crypto intelligence platform Arkham labeled the address “Ethereum…
Key Takeaways Starknet aims to connect Bitcoin and Ethereum networks to expand DeFi opportunities. The protocol seeks to dramatically reduce transaction fees and increase processing speeds. Share this article Starknet announced today its plan to become the first layer 2 network that settles transactions on both Bitcoin and Ethereum. The firm aims to unify the…
El precio de Doge ha bajado un 8% el 11 de marzo, y el rechazo de una zona de resistencia importante apunta a una corrección más profunda a corto plazo. Reloj altcoin Cointelegraph en su feed social Dogecoin (doge) tiene un rendimiento inferior a sus rivales de alto rango, ya que ha caído más del…
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…
