Mar 13, 2024 at 06:59Contents
- 1 ⌚ Timeless treasures unveiled
- 2 ⤴ Bitcoin has hit another high
- 3 CELO + Tether = 💓
- 4 👜 It seems that AEVO has a serious future
- 5 ⏬ The Dencun update has been successfully deployed on the Ethereum
- 6 📯 Optimism unveils its airdrop #4
- 7 💰 Telegram is $30B worth
- 8 🔑 Key crypto market highlights (March 13-20)
- 9 💲 Ideas
Let’s dive into the latest happenings in the crypto-sphere with us!
⌚ Timeless treasures unveiled
Step into the luxury watch world with Vera Voron, CEO of the marketing and PR agency for Web3 Creators Agency, and Akos Balogh, founder of colle.io.
The brand new newsletter with insights, market analysis and daily opportunities.
Let’s grow together!
This innovative platform by Colle, Inc. has gained traction fast, boasting 7,000+ waitlist sign-ups and $250,000+ in sales in months. Watch the full interview with Akos on YouTube and subscribe to Vera Voron: Web3 marketing channel for more updates from Web3 innovators!
⤴ Bitcoin has hit another high
On March 12, bitcoin hit a new all-time high of $73,000. Then the Consumer Price Index (CPI) report for February came out, and the value fell slightly, causing a liquidation of $67.12M within 4 hours ($53M in long positions and $26.6M in short positions).
The report showed that inflation was still high, which was higher than analysts had predicted.
Bitcoin then leaped and broke above $73,500, a new all-time high.
BTW, more than 20 cryptocurrency companies, including Bitget, Chainalysis, and Hacken, have teamed up for the “Bitcoin Deserves Emoji” project. The project is authored by Nexo.
According to the campaigners, the addition of the ₿ symbol will emphasize the triple identity of the first cryptocurrency as a means of payment, technology, and cultural phenomenon in modern society.
On March 7, 2024, supporters of the movement created a petition on Change.org. At the time of this writing, it has collected 3903 signatures and will be available on the portal for 50 days.
CELO + Tether = 💓
Tether has launched the USDT stablecoin on Celo’s EVM-compliant Layer 1 blockchain.
The CELO token responded with a 40% increase.
One of the main advantages of Tether integration — low transaction fees on the blockchain (~$0.001). This makes it possible to develop micropayment systems for users with any socioeconomic and geographic location, the company said.
Celo’s EVM infrastructure additionally provides connectivity to the Ethereum ecosystem.
👜 It seems that AEVO has a serious future
The AEVO project has given away its drop, with the token already being listed on exchanges (and it trades at around $3.2). Binance also announced that AEVO has been added to Binance Simple Earn and Binance Convert. In addition, the exchange will add AEVO on Binance Margin, Binance Futures, and Binance Auto-Invest.
The claim of the drop is available here. A total of 3% of the total supply is allocated for the giveaway.
⏬ The Dencun update has been successfully deployed on the Ethereum
According to IntoTheBlock, when swapping to DEX, the gas commission for Arbitrum will be reduced from $2.02 to $0.4, Optimism from $1.42 to $0.28, and Base from $0.58 to $0.01.
📯 Optimism unveils its airdrop #4
Optimism allocating 10M+ in OP tokens to over 22K unique addresses (claim here and check eligibility here).
This airdrop is for the artists, creators, and pioneers who have played a role in creating culture across the Superchain and the crypto ecosystem as a whole. A snapshot was taken on January 10, 2024.
💰 Telegram is $30B worth
The potential market valuation of Telegram exceeds $30B, with the messenger’s user base growing by 400M over the past three years, the company’s founder Pavel Durov told the FT. After this interview, the Toncoin (TON) jumped sharply and its market capitalization exceeded $15B.
🔑 Key crypto market highlights (March 13-20)
- Oraichain is set to introduce a significant update to increase transaction speeds by up to 80% (14.03).
- Radix to release Project Ignition (14.03).
- Marblex will release Marblership Lunar Animals (14.03).
- Ocean Protocol has announced that the rewards for Ocean data farming will be doubled to 300,000 OCEAN per week (14.03).
- CyberConnect (CYBER) – 886K coins or 5.98% of the circulating supply to be unlocked (15.03).
- SatoshiVM to launch Alpha Mainnet (15.03).
- Arbitrum (ARB) tokens unlock 1.11B coins or 76.6% of the circulating supply (16.03).
- Zano to roll up Zarcanum hard fork (15.03).
- Cardano is set to launch its fiat-backed stablecoin, USDM (16.03)
- SAND will host the qualifications for The Sandbox Roster challenge (16.03).
- ApeCoin (APE) token unlocks – 15.6M coins, or 2.55% of the circulating supply (17.03).
- Manta Network (MANTA) 6.67M tokens or 2.66% of the circulating supply unlock is coming (18.03).
- Pixels (PIXEL) – 54.38M coins, or 7.05 of the circulating supply to be unlocked (19.03).
- Digital Asset Summit 2024 in London (18-20.03).
💲 Ideas
[1] 🔔 Linea Park – Week 4
The project has launched the fourth week of Linea Park campaign with LXP rewards.
What to do:
- Go to layer3 and connect your wallet if you haven’t done it before.
- Yuliverse: go to the site and connect your wallet. Complete tasks and mint NFT.
- Sarubol: open the site, connect your wallet, and mint NFT.
- Z2048: go to the site, connect your wallet, click on “Start Game”, and play. After using 30 free moves, click “Confirm” and sign the transaction.
- Yooldo / Random Pirate Defense: go to this website and connect your wallet. In the “Events” section go to the bottom of the page and click “Go to Mint”. Or download the game and copy your ID in it. Then click “Join On-Action Events”, paste your ID, and mint NFT.
- Macaw: follow the link and subscribe to the project’s Medium.
[2] 🔔 If XRP could reach $10, so when?
According to Bitgolder’s analysis, it seems like XRP is lagging in this current surge of value. However, this might indicate that it’s gearing up for a big jump. Some people think XRP could reach around $50, although it’s uncertain what exactly will cause this. One possibility is if banks start using XRP more widely since the cryptocurrency has always been closely tied to banking projects.
By May, XRP could reach $10, indicating the rapid pace of growth during this bullish period.
By August, it could reach $20, with a possible pullback in September before surging to anywhere between $50 and $80 by the first quarter of 2025. This could be the breakthrough XRP holders have been waiting for.
Other cryptocurrencies like Litecoin and Bitcoin Cash, which experienced a correction after the highs of 2017, are also seeing significant increases in value this year.
*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.
[3] 🔔 Participating in Inco testnet
Inco is a Layer 1 blockchain focused on privacy for decentralized applications. The team has raised $4.5M in total from funds like Circle Ventures, GSR, Polygon Ventures, and others.
What to do:
- Add a test network to the wallet. Name –Inco Gentry Testnet; RPC URL – https://testnet.inco.org; chain ID: 9090; currency symbol: INCO; block explorer URL: ttps://explorer.testnet.inco.org/.
- Request test tokens from the faucet.
- Deploy the contract using Thirdweb.
- Make several transfers to the wallets.
9
