Coinbase boosts its position in the crypto market by elevating DOGE from memes to futures trading Coinbase, a prominent cryptocurrency exchange, has announced plans to enter the futures trading arena with Dogecoin (CRYPTO: DOGE), Litecoin (CRYPTO: LTC), and Bitcoin Cash (CRYPTO: BCH). In a recent series of communications to the United States Commodity Futures Trading Commission (CFTC) on March 7, Coinbase Derivatives unveiled its proposal to introduce cash-settled futures contracts for Dogecoin priced at US$0.15, Litecoin at US$85.20, and Bitcoin Cash at US$413, with a targeted launch date of April 1. The company highlighted Dogecoin’s widespread appeal and robust community…

According to EGRAG, XRP could soon soar to the $27 mark within the current market cycle Cryptocurrency markets are often rife with speculation and anticipation, as investors and analysts alike attempt to decipher the underlying trends and patterns driving crypto price movements. Recently, a notable cryptocurrency analyst, EGRAG Crypto, has captured the attention of the community with a bold prediction regarding the price trajectory of XRP, the native token of the XRP Ledger. According to EGRAG, XRP could soon soar to the $27 mark within the current market cycle, drawing parallels between its current price chart and historical patterns observed…

BlackRock’s BUIDL: Ushering in a new era of investment through tokenization and digital innovation Crypto News: In a landmark move, BlackRock, the world’s largest asset manager, has ushered in a new era of investment with the introduction of its inaugural tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This significant development marks a pivotal moment in BlackRock’s digital assets strategy, signaling a commitment to providing innovative solutions for clients seeking exposure to the burgeoning blockchain and digital asset space. Partnering with Securitize, a leading tokenization platform, BlackRock has crafted BUIDL to offer investors a host of advantages, ranging…

DAMN coin rises 22%, Shibarium claims a startling 1059% increase in user activity Shibarium’s recently introduced meme coin, DAMN, swiftly captured attention as one of the most popular coins on the market tracking platform DEXTools. Referred to as the “Sol Killer,” DAMN commenced trading on March 18 to rival similar tokens on the Solana blockchain that have been gaining momentum. As per DEXScreener data, the meme coin is currently trading 22% higher, boasting liquidity of US$1.2 million and a trading volume of 471,000. In a recent tweet, Lucie, Shiba Inu’s marketing lead, emphasized that DAMN has attracted 44,000 holders. The…

The Indian stock market witnessed a remarkable upswing today, Wed 20th March, driven by a broad-based rally that propelled several sectors to new heights. Market participants attributed the surge to a combination of favorable economic conditions, robust corporate earnings and also the  growing investor confidence. Kalpataru Power Transmission Ltd This prominent player in the power transmission and infrastructure sector has emerged as one of the standout performers today. The company’s shares surged 7.3%, to close at  Rs1,084. One factor behind this is its strong financial performance and promising outlook for the infrastructure industry. Kalpataru Power Transmission Stock Performance Kalpataru’s Engineering,…

BNB Price Surges: Will the rally last despite Binance’s regulatory obstacles? The recent 50% price surge of BNB over the last month has garnered significant interest from investors and cryptocurrency enthusiasts. Despite regulatory hurdles confronting Binance, the platform linked with BNB, concerns emerge regarding the durability of this upward momentum. While Binance maintains robust community backing, the implications for BNB’s valuation spark considerable curiosity. Latest News of BNB:       Binance has implemented measures to restrict access for US investors. Collaborating with reputable brokers like FalconX and Hidden Road, Binance has bolstered its vetting procedures. These brokers, catering to…

The Bitcoin market experienced a significant downturn, marked by a sharp price drop below the $63,000 threshold. This movement is part of a broader sell-off in the cryptocurrency sector, leading to a decrease in Bitcoin’s value below the $61K level. Similarly, Ethereum, the second-largest cryptocurrency by market cap, saw an 8% decline to $3,200. This downward trend winds in the market began around March 14, following a period of bullish growth that saw the total market capitalization reach around $2.72 trillion. The initial signs of a market correction were indicated by bearish divergence signals and an overextended daily Relative Strength…

Immutable and Polygon’s US$100M Fund Paves the Way for Blockchain Gaming Advancements Immutable and Polygon’s agreement to launch a US$100 million Blockchain Gaming Fund is a big step forward in the convergence of blockchain technology and gaming. This strategic project intends to empower game developers and creators while also supporting innovation and growth within the blockchain gaming ecosystem. The fund’s establishment demonstrates a commitment to furthering the use of blockchain technology in gaming and providing new options for developers to explore this dynamic and fast-growing field. Immutable has partnered with Polygon, a popular layer 2 scaling solution for Ethereum, to…

Grayscale Investments plans to cut fees for its flagship bitcoin ETF, Grayscale Bitcoin Trust Grayscale Investments, a prominent player in the cryptocurrency investment space, recently disclosed plans to reduce the management fee on its flagship spot bitcoin ETF, Grayscale Bitcoin Trust (GBTC). The decision comes in response to the fund’s significant single-day outflow, signaling a need for adjustment to stay competitive in the evolving crypto market landscape. Fee Reduction Strategy CEO Michael Sonnenshein revealed in an interview with CNBC that Grayscale intends to gradually decrease the expense ratio on GBTC “over time, as this market matures.” The move aims to…

CEO of Binance shared his bitcoin outlook and price forecast at an event in Bangkok In the world of cryptocurrency, few figures command as much attention as the CEO of Binance, the largest cryptocurrency exchange by trading volume. When Richard Teng, the newly appointed chief executive, shared his bitcoin outlook and price forecast at an event in Bangkok, the crypto community listened intently. Teng’s insights, backed by his years of experience and expertise in the industry, provided a valuable perspective on the future of the world’s most famous digital asset. Teng’s Rise to the Helm of Binance Before delving into…