ETH price nears the $4,000 level, but derivatives data points to a slightly overheated market. Ether (ETH) bulls are on a roll after the altcoin’s price surged by 13% in 7 days, reaching the $3,900 level for the first time since December 2021. The current $456 billion market capitalization distances Ether from its competitors. However,...Continue Reading

The pioneering African CBDC has few users, but creating credit histories for them will promote financial inclusion. The Central Bank of Nigeria (CBN) has concluded a memorandum of understanding with Gluwa Nigeria to promote the usage of the eNaira central bank digital currency (CBDC). Gluwa is a blockchain-based financial platform that has been active in...Continue Reading

DEX users’ support of a fee share proposal for Uniswap appears to be backing UNI’s rally to a 2-year price high. UNI, the governance token of the Uniswap decentralized exchange, has rallied 46% to trade above $17, levels last seen in January 2022. UNI’s performance is accompanied by a 120% leap in trading volume over...Continue Reading

Meta says enterprise apps, AI, and messaging will transform the metaverse. Meta, the world’s seventh most valuable company, says that the hype that once surrounded the metaverse has moved on to artificial intelligence (AI). As such, it appears as though the company — formerly known as Facebook — appears to be pivoting away from its...Continue Reading

Bitcoin-based NFTs have flipped Ethereum in weekly sales volume in a rally led by uncategorized Bitcoin Ordinals and the NodeMonkes collection. In this week’s newsletter, Bitcoin-based nonfungible tokens (NFTs) flipped Ethereum in weekly sales, and an Ordinals trader recovered their Bitcoin after a mistaken transaction. Read about Coachella and OpenSea collaborating on three NFT collections,...Continue Reading

A growing number of traders have complained of funds being deducted from their MEXC accounts, but the exchange argues that such complaints are “misinformation.” Crypto exchange MEXC has denied claims that it “steals” customers’ profits back when they have unusually large profits. In a recent X post, the exchange stated that “users engaging in normal...Continue Reading

After reviewing some of its crypto services over the past months, London fintech Revolut announces direct purchases through MetaMask. London-based fintech Revolut has announced a new integration that will enable direct cryptocurrency purchases’ on MetaMask to customers in the United Kingdom and the European Economic Area (EEA).  According to a March 6 announcement, Revolut’s clients...Continue Reading

The Nvidia-backed firm expects higher GPU utilization to lead to more advanced AI use cases. Aethir aims to become the AirBnB of spare graphics processing units (GPUs), Dan Wang, the co-founder and chief business officer of Aethir, told Cointelegraph in an exclusive interview. Backed by Nvidia, Aethir is building a decentralized, enterprise-grade GPU cloud infrastructure...Continue Reading

The firm previously announced a $600 million convertible raise on March 4. Corporate Bitcoin (BTC) investor MicroStrategy is seeking to sell $700 million, up from $600 million announced just days prior, in convertible notes amid an ongoing cryptocurrency bull market. According to details disclosed on March 6, the 2030 MicroStrategy convertible notes will bear an...Continue Reading

Seamless’ first Integrated Liquidity Market will enable stakers on Lido to automatically use a borrowing strategy and compound positions on wstETH. Seamless Protocol is launching an Integrated Liquidity Market (ILM) on Lido for wrapped staked Ethereum (wstETH), offering borrowing strategies for tokenholders seeking an alternative to traditional restaking.  According to Seamless, the ILM will enable...Continue Reading