SBF memecoins pump & dump 🌊, Ethereum reaches 1M validators 🎯, Everyworld reaches 225K users 🌋
📌 Daily Crypto, Blockchain & Web3 Update 2024-03-29
CRYPTOCURRENCY
SBF memecoins pump and dump as FTX founder gets 25-year prison sentence (3 min read)
People interested in meme-themed cryptocurrencies have invested in risky tokens again, coinciding with Sam Bankman-Fried receiving a 25-year prison sentence.
Bitcoin whales copy classic bull market moves as BTC price eyes $72K (3 min read)
Bitcoin sets a positive tone for the U.S. holiday weekend as a Coinbase-induced BTC price dip fails to keep bulls back for long.
Crypto ATMs to resurge once Bitcoin ‘FOMO’ hits full swing, says CEO (5 min read)
Crypto ATM installs declined in 2023, but a post-halving Bitcoin price growth spurt should see the space rebound, says Bitcoin Depot CEO Brandon Mintz.
Nansen integrates blockchain data from SportFi chain Chiliz and Ethereum rollup zkSync (3 min read)
The integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data.
QUICK LINKS
Ethereum reaches 1M validators, community thinks it’s ‘too much’ (2 min read)
While more validators could mean more security, community members think too many could be problematic.
XRP price-to-sales ratio double that of Nvidia (3 min read)
The price-to-sales ratio is used to assess the potential of an investment, with lower ratios signaling more attractive opportunities.
Web3 ad service Everyworld reaches 225K users within a month of launching beta (2 min read)
Web 3 advertising service platform Everyworld has reached a total user base of 225,000 as of March 28. The service is currently available in beta for select markets.
Bitcoin miner CleanSpark plunges 10% after $800M share offering (3 min read)
With a market capitalization of $4.2 billion, an $800 million stock offering would effectively dilute CLSK shares by 19%.
Elon Musk offers users free premium features on X, crypto scammers included (3 min read)
Elon Musk rolled out the paid verification model on X, earlier known as “Twitter Blue,” to fight the scammers and spammers thriving on the platform before his takeover.
Bitcoin to attract $1T from institutions amid ‘raging bull market’, Bitwise exec (2 min read)
Bitwise’s Matthew Hougan said the best advice he could give traders is to “keep calm and take the long view.”