Author: e_cash_top

[ad_1] The government of Estonia has enacted a bill that introduces stringent legal requirements for digital assets service providers, local media reported on March 21. The legislation — approved on March 20 — is part of the country’s efforts to regulate the crypto industry and enhance its reliability. Regulatory supervision on the horizon Estonia has…

[ad_1] Bitcoin (BTC) hit a 24-hour low of $64,760 on March 21 — just 18 hours after hitting a daily high of $68,120. Most of the drop occurred over a shorter period, as BTC fell 3.2% from $66,906 to $64,760 within three hours. Bitcoin had only slightly recovered above the $65,000 mark as of press time,…

[ad_1] Quick Take March has proven to be a tumultuous month for Bitcoin, showcasing fluctuations from an opening at roughly $61,000 to a steady rise above $67,000. Despite this progress, the path was not without its challenges. On March 20, Bitcoin experienced a notable decline to $60,700, marking an 18% fall from its peak above…

[ad_1] A hacker exploited a bug in a newly launched gaming token on Blast network — Super Sushi Samurai — to steal roughly $4.6 million worth of Ethereum on March 21 — less than a month from its launch. The exploit resulted in an approximately 99% slippage in the token’s value following an unauthorized token…

[ad_1] Quick Take Recent data highlights a notable increase in Bitcoin open interest, reaching 500,000 BTC, despite a minor reduction of about 10,000 BTC during the latest dip from peak levels, according to Coinglass. Bitcoin Futures Open Interest: (Source: Coinglass) The total open interest has seen a 25% increase since early March, with a notable…

[ad_1] Coinbase-backed Base has the highest transaction fees among Ethereum layer-2 networks due to the current wave of attention it enjoys among crypto traders. Gasfees data shows that Base is the priciest layer-2 protocol among scaling solutions that have implemented the Dencun Upgrade’s Blobs feature. The feature significantly reduces transaction fees and enhances throughput for…

[ad_1] The realized Bitcoin price represents the average on-chain acquisition cost. It’s a handy metric as it perfectly gauges the market’s valuation baseline at any given point. When dissected through the lens of short-term and long-term holders, it provides insights into the cohorts’ investment horizons and their acute effect on Bitcoin’s price. These cohorts’ 7-day…

[ad_1] Total fees generated from the top 10 DeFi dApps tracks via DefiLlama will amount to $4.8 billion annually based on the past 24 hours of activity. Across staking, dexes, lending, and wallets, $13.15 million in fees were generated in the past day. Name Category 24hr Fees 24hrs Revenue Lido Liquid Staking $3.38m $337,749 Uniswap…

[ad_1] Quick Take The US Federal Reserve’s recent policy stance has had noticeable effects on various financial assets. The Fed maintained the fed funds rate at 5.25 – 5.50% on March 20 and signaled a slowed pace of balance sheet reduction. According to Zerohedge, Jerome Powell said, “We did not make any decisions today. The…

[ad_1] Notable pro-crypto pressure groups in Kenya and the United States have demanded the release of Binance executives held by the Nigerian government since Feb. 26. Last month, two Binance executives—Tigran Gambaryan and Nadeem Anjarwalla—traveled to Nigeria to address the ongoing issues surrounding the exchange’s operations in the African country. However, instead of engaging in constructive…