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Crypto Price Analysis Mar-8: ETH, XRP, ADA, SOL, and BNB
Crypto Price Analysis Mar-8: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin.

Cryptopotato·2024/03/08 11:58
Is Bitcoin repeating its 2020 breakout? Here’s why $92.5K might be the next target
Is Bitcoin repeating its 2020 breakout? Here’s why $92.5K might be the next target

Rising Bitcoin ETF inflows and increasingly favorable technicals suggest that BTC price might rise above $90,000 in the coming weeks.

Cointelegraph·2024/03/08 08:50
Will Markets Surge With a $3 Billion Crypto Options Expiry Event?
Will Markets Surge With a $3 Billion Crypto Options Expiry Event?

Friday is crypto options contract expiry day and there is a large batch of Bitcoin and Ethereum contracts ready to go today.

Cryptopotato·2024/03/08 08:26
Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer
Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer

Quick Take: Optimism Foundation announced it is privately selling roughly 19.5 million governance tokens. Neither the terms of the private sale nor the identity of the buyer have been disclosed. The tokens will be subject to a lockup period of two years.

The Block·2024/03/08 06:41
AI tokens are more hype than value right now, says Coinbase analyst
AI tokens are more hype than value right now, says Coinbase analyst

While some crypto-AI tokens continue to deliver profitable trades, the long-term sustainability of the ecosystem will require more than just decentralizing AI components.

Cointelegraph·2024/03/08 06:31
Base to support EIP-4844 from day 1 following Dencun upgrade
Base to support EIP-4844 from day 1 following Dencun upgrade

Quick Take: Ethereum Layer 2 Base is expected to support the Dencun upgrade from day one, including EIP-4844, to reduce network fees. The team predicted a reduction of over ten times on the network following the upgrade.

The Block·2024/03/08 05:49
Flash
07:46
Bank of Japan's Ueda: No Proposal for 50 Basis Point Rate Hike at Present
On June 16, Bank of Japan Governor Kazuo Ueda stated that there is currently no proposal for a 50 basis point interest rate hike.
07:43
Thetanuts responds to security incident, stating that the involved Vault is an abandoned contract and has no relation to current products
According to ChainCatcher, the DeFi structured protocol Thetanuts Finance has responded to the Vault security incident. Preliminary investigations indicate that the affected Vault was an old version contract that had been decommissioned and fully migrated years ago, and has no connection to any currently active contracts or products. Further details are still being investigated, and a complete post-incident analysis report will be released once more information is obtained.
07:43
Bank of Japan Deputy Governor: In the long run, there will eventually be a time to consider the appropriate size of the balance sheet, but it is still some time before reaching that stage.
Bank of Japan Deputy Governor: In the long run, there will eventually be a time to consider the appropriate size of the balance sheet, but that stage is still some time away.
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