Coinbase Taps USDC to Drive Crypto Payments at Compass Coffee
Coinbase has teamed up with veteran-owned coffee chain Compass Coffee to promote the use of cryptocurrencies, specifically the USD Coin (USDC) stablecoin, for everyday transactions.
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Litecoin Surges Past $86 as Futures Listing Fuels Bullish Momentum
Litecoin (LTC) has witnessed a remarkable price surge, climbing 1.46% on March 22 to reach $86.80, driven by the upcoming launch of Litecoin futures contracts on Coinbase and the broader crypto market recovery.
Cardano Price Under Pressure: $500M Trading Signal a Bearish Catalyst?
Cardano’s price has been consolidating around $0.61 to $0.64, with on-chain data indicating a potential bearish reversal as traders closed $500 million in ADA futures contracts over the past month.
Bernstein Raises Bitcoin Price Target to $90K
Unfazed by Bitcoin’s recent slide, investment firm Bernstein has raised its year-end Bitcoin price target to $90,000 and boosted its outlook on cryptocurrency mining stocks, citing strong ETF inflows, aggressive miner capacity expansion, and record miner revenues.
Ethereum Dominates NFT Market with $32.8M Daily Sales
Ethereum has solidified its position as the top blockchain for NFT sales, recording over $32.8 million in sales in the last 24 hours, driven by the $16.38 million sale of CryptoPunk #7804, the second-highest valued CryptoPunk ever.
Estonia Proposes New Regulations for Crypto Service Providers
The Estonian government has approved a bill to regulate cryptocurrency service providers, bringing the country into compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulations.
The £3 Billion Bitcoin Bust
The shocking story of how a Chinese takeaway worker, Jian Wen, became embroiled in the UK’s biggest-ever cryptocurrency seizure, leading police to uncover over £3 billion worth of Bitcoin linked to a massive Chinese fraud scheme.
Bitcoin Hodler Balances Plummet Amid Market Uncertainties
Bitcoin’s hodler net position change metric, a gauge of long-term investor confidence, has plunged to a three-year low, triggering intense speculation about the future actions of staunch supporters and potential shifts in broader market sentiment.
Bitcoin Skyrockets Past $67K as Fed Holds Firm on Rate Cuts
Bitcoin and other major cryptocurrencies experienced a sharp rally, with Bitcoin surging past $67,000, after the U.S. Federal Reserve maintained its outlook for three rate cuts by the end of the year, alleviating market concerns of a more hawkish stance. The Fed’s dovish tone and commitment to its rate cut plans provided a boost to risk appetite among investors.
Crypto Selloff: Bitcoin, Ethereum, Dogecoin Plunge
Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin witnessed sharp declines as capital outflows from the Grayscale Bitcoin ETF raised concerns over waning demand. Investors are closely monitoring the shifting narrative around capital flows into the crypto space.