Once the tiny competitor to Grayscale’s GBTC, Osprey is trading at a discount and ready to take extreme measures for recovery. Osprey Bitcoin Trust announced on March 5 that it is in talks on its sale or merger. If the talks are fruitless, the trust will deregister and be liquidated in 180 days. Osprey said...Continue Reading

Bitcoin surprised investors with a sharp sell-off today, but derivatives metrics are still neutral-to-bearish despite the 14% intraday correction. Bitcoin (BTC) experienced a 14% price correction, dropping to $59,300 after reaching an all-time high of $69,150 on March 5. The challenge now lies in reclaiming the $64,000 support. According to BTC derivatives data, professional traders...Continue Reading

Despite Bitcoin’s sell-off at $69,000, ETH continues to show strength, and bulls appear to be targeting the $4,000 level. Ether (ETH) rallied to a new year-to-date high of $3,822 on March 5 after rallying 8% over the last 24 hours. The second largest cryptocurrency by market capitalization is up 15% over the last seven days...Continue Reading

The incentive program will be available to stakers of the Fetch.ai token starting March 7. Crypto AI project Fetch.ai, built on Cosmos, is allocating $100 million to an infrastructure program, dubbed Fetch Compute, that will expand the tools, computing power, and training capabilities of developers alongside providing GPU credits for its users. According to the...Continue Reading

The price for Meta had just hit an all-time record when its biggest social media was hit with a major outage. Meta’s (META) record-high share price tumbled after a massive outage hit Facebook, Instagram and other Meta apps as the business day began in the United States on March 5.  The timing of the service...Continue Reading

The crypto lending market has largely stagnated since the collapse of FTX. Institutional investors have tokenized a loan on the Avalanche (AVAX) blockchain and sent it to a counterparty. According to the March 5 announcement, venture capital firm Electra, with over $1 billion in assets under management, lent an undercollateralized AVAX loan to a proprietary...Continue Reading

The BTC price has returned to levels last seen in November 2021. After nearly three years, Bitcoin (BTC) briefly recovered to its all-time high above $69,000 on March 5. “This is a truly historic moment for the asset and the crypto industry as a whole,” said Kraken managing director Jonathon Miller in an email to...Continue Reading

BTC briefly crossed its 2021 U.S. dollar all-time-high to reach $69K. The price of a single bitcoin rose to approximately $69,324.58 on March 5 at around 7:00 AM PST. This new all-time-high marked the end of a brilliant saga that began back in 2021 with Icarus-like highs preceding tumultuous lows.  Now, with a new ATH...Continue Reading

Coachella, one of the world’s largest music festivals, revealed a new partnership with OpenSea that will turn NFTs into real-life VIP experiences, exclusive merchandise and digital collectibles. The popular music and arts festival Coachella announced a new collaboration with the nonfungible token (NFT) marketplace OpenSea to launch digital keepsakes that will have real-world utility at...Continue Reading

Bitcoin is making history — but this is not stopping a post-high BTC price comedown. Bitcoin (BTC) fell $5,000 on March 5 after a unique BTC price all-time high sparked mass volatility. Data from Cointelegraph Markets Pro and TradingView tracked snap losses for BTC/USD as the pair shed 6.7% in just over an hour. The...Continue Reading