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Web3 Watch – 22 Mar 24
Web3 Watch – 22 Mar 24

QCP Capital·2024/03/22 05:40
Bitcoin halving will be a litmus test for inefficient ops: Mining execs
Bitcoin halving will be a litmus test for inefficient ops: Mining execs

Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners.

Cointelegraph·2024/03/21 23:47
Why is Dogecoin price up today?
Why is Dogecoin price up today?

DOGE price is up today as an uptick in whale activity aligns with Coinbase plans to launch futures trading for Dogecoin.

Cointelegraph·2024/03/21 20:13
The Bottom Is In On Bitcoin’s Latest Pullback, Says Willy Woo
The Bottom Is In On Bitcoin’s Latest Pullback, Says Willy Woo

A look at Bitcoin’s fundamentals suggests Bitcoin is due for a choppy trading period over the next two months, one popular analyst says.

Cryptopotato·2024/03/21 19:19
Vitalik Buterin talks ‘Rainbow Staking’ at ETHTaipei to combat centralization risks
Vitalik Buterin talks ‘Rainbow Staking’ at ETHTaipei to combat centralization risks

There needs to be more solo stakers on Ethereum today; could Rainbow Staking be the solution?

Blockworks·2024/03/21 18:31
JPMorgan says bitcoin remains in 'overbought territory' despite recent correction
JPMorgan says bitcoin remains in 'overbought territory' despite recent correction

Bitcoin remains in ‘overbought territory’ despite the past week’s correction, according to JPMorgan analysts.Last month, the analysts said the bitcoin price would likely drop to around $42,000 after the upcoming halving event.

The Block·2024/03/21 18:13
Flash
17:14
According to market sources, Russia will impose an 8% export tariff on diamonds starting from September 1.
As one of the world's major diamond-producing countries, Russia's latest tariff adjustment may have an impact on the international diamond supply chain and market pricing of related categories. Relevant industry trade enterprises and consumers are advised to monitor these developments.
17:09
First Quantum's Panama copper mine is deemed generally compliant
The audit found that the project had basically fulfilled its environmental, legal, financial, and operational obligations. According to a statement released by the Panamanian government on Friday, the review conducted by the Swiss company SGS SA pointed out areas for improvement in administrative processes, biodiversity management, and ecological restoration. However, the auditors stated that these shortcomings did not constitute structural defects that would undermine the overall conclusion. Read more
16:57
The cryptocurrency market surged and then pulled back in the past seven days.
MarketVectorTM Digital Asset 100 Mid-Cap Index rose 0.32% to 2,632.43 points, with a cumulative increase of 0.88% during the period. In the early U.S. stock market session on June 15, it once reached 2,830.19 points. The MarketVector Digital Asset 100 Index climbed 0.72% to 12,529.08 points, with a cumulative decrease of 0.90% during the period. At noon in New York on June 16, it had reached 13,421.74 points. Currently, Solana is down 0.10%, with a cumulative increase of 3.49% over the past seven days; Dogecoin is up 0.54%, with a cumulative decrease of 5.02% over the past seven days, continuing its decline since June 15; XRP is down 0.74%, with a cumulative decrease of 0.13% over the past seven days. Bitcoin is up 0.43%, currently at $63,072.05, with a cumulative decrease of 0.64% over the past seven days, and once reached $67,258.03 at 00:00 on June 16. Ethereum is up 0.17%, currently at $1,699.42, with a cumulative increase of 2% over the past seven days, and once reached $1,848.325 at 23:30 on June 15.
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