Business

23 March

Developer Revives Tornado Cash on MegaETH Testnet After OFAC Sanctions Lift

In a major development for the decentralized finance (DeFi) ecosystem, a developer has successfully ported the Tornado Cash protocol to the MegaETH testnet, following the removal of U.S. Office of Foreign Assets Control (OFAC) sanctions. This move marks a potential revival for the controversial privacy protocol, which had been blacklisted due to alleged illicit activities. A New Chapter for Tornado …

23 March

Pakistan’s Crypto Chief Pushes Bitcoin Mining with Untapped Runoff Energy

In a bold move to harness Pakistan’s unused energy resources, the CEO of the Pakistan Crypto Council has advocated for Bitcoin mining powered by runoff energy. This initiative aims to turn excess energy into economic opportunity while promoting sustainable blockchain adoption in the country. Tapping Into Wasted Energy Pakistan, a country rich in natural resources, often sees large amounts of …

23 March

Bitcoin Nears $85K as Pakistan Embraces Mining, DOJ Recovers $7M from Crypto Scam

Bitcoin’s bullish momentum continues as the leading cryptocurrency edges closer to the $85,000 mark. Meanwhile, Pakistan has signaled support for crypto mining initiatives, and the U.S. Department of Justice (DOJ) has successfully recovered $7 million from a high-profile crypto scam. These developments highlight the growing global impact of digital assets, both in mainstream adoption and regulatory enforcement. Bitcoin’s Surge: A …

23 March

Dogecoin Eyes Continued Uptrend, But a Looming Threat Could Disrupt the Rally

Dogecoin (DOGE) has been consolidating after its recent bullish surge, signaling that an extended uptrend could be on the horizon. However, despite the positive outlook, certain risks threaten to derail the meme coin’s momentum. Dogecoin’s Price Action: A Bullish Setup? After gaining significant traction in recent weeks, Dogecoin has entered a consolidation phase, fluctuating within a tight range. Historically, such …

23 March

Trump’s Crypto Push, Schiff’s Bitcoin Warning, MSTR’s Bold Move & More: This Week in Crypto

The crypto market has seen a whirlwind of events this week, from former U.S. President Donald Trump’s renewed stance on digital assets to gold advocate Peter Schiff’s latest Bitcoin warning. Meanwhile, MicroStrategy (MSTR) continues to make headlines with its innovative Bitcoin strategy. Here’s everything you need to know about the biggest stories in crypto this week. Trump’s Crypto Pivot: A …

23 March

Bitcoin Maximalist Foresees Gold-Backed Stablecoins Overtaking USD-Pegged Rivals

As global trust in fiat currencies wavers, a prominent Bitcoin maximalist has predicted a seismic shift in the stablecoin market—one where gold-backed stablecoins will eventually surpass USD-pegged alternatives. This forecast challenges the dominance of dollar-backed digital assets like USDT and USDC, signaling a potential realignment in the global financial system. The Case Against USD-Pegged Stablecoins Stablecoins have long been the …

23 March

Ethereum Eyes $2.2K Rebound as Whale Accumulation Gains Momentum

Ethereum (ETH) is showing signs of a potential rebound, with analysts pointing to growing whale accumulation as a key driver. As ETH hovers near critical support levels, large investors are increasing their holdings, suggesting confidence in a price recovery toward the $2.2K macro range. Whales Accumulate ETH Amid Market Uncertainty On-chain data reveals a noticeable uptick in Ethereum whale activity, …

23 March

Bitcoin Must Close Above $85K or Risk Dropping to $76K, Analysts Warn

Bitcoin’s recent rally has pushed the flagship cryptocurrency near record highs, but analysts caution that a critical price level must be maintained to prevent a sharp correction. Experts suggest that Bitcoin needs a weekly close above $85,000 to sustain its bullish momentum—failure to do so could trigger a pullback to $76,000 or lower. Bitcoin at a Crossroads: What’s at Stake? …

23 March

API3 Crypto Soars 25% Overnight – What’s Behind the Surge?

API3, a decentralized oracle network, has experienced a 25% surge overnight, sparking interest among crypto traders and analysts. The sudden price jump has raised questions about what’s driving the rally and whether the momentum can be sustained. What Is API3? API3 is a blockchain-based oracle solution that connects smart contracts to real-world data sources without intermediaries. Unlike traditional oracle networks, …

23 March

Fed Holds Rates, Gold Hits Record High, and More – Weekly Market Recap

This week brought significant developments across financial markets, with the U.S. Federal Reserve deciding to pause interest rate hikes, gold reaching an all-time high, and continued volatility in stocks and cryptocurrencies. Here’s a breakdown of the key events shaping the markets. Federal Reserve Pauses Rate Hikes: What It Means for Markets The Federal Reserve has opted to hold interest rates …