Author: Sanketdalvi
Sanketdalvi
Meet Sanket Dalvi, the creative mind behind UnCryptoNote! Since 2013, Sanket has been a guiding light in the complex world of cryptocurrency. Originating from India, his love for staying updated about the crypto industry is awe-inspiring. As an author on UnCryptoNote, he simplifies the tangled web of blockchain for beginners and experts alike. He regularly shares news updates about cryptocurrencies, ensuring everyone is in the loop. Sanket also crafts comprehensive guides, breaking down intricate crypto matters into understandable chunks. His dedication is seen in his consistent efforts to educate people about this exciting technology.
STORY HIGHLIGHTS Bitcoin’s market cap just soared above $1 trillion, a feat unseen since December 2021. This milestone comes as Bitcoin and other cryptocurrencies, like Ether, see significant gains. Here’s a dive into the whirlwind that’s shaking the crypto world. Bitcoin and Friends on a Rally Bitcoin’s price leaped past $51,000, leading to a massive crypto rally. Along with altcoins like Avalanche, Polkadot, and Polygon, Ether also surged. This wave of growth comes despite recent U.S. inflation reports, which failed to dampen the crypto comeback. Also read: Bitcoin’s Big Bounce: Is It Time to Watch the Bollinger Bands? Bitcoin showed…
In an unexpected twist in the political landscape, John Deaton, known for his staunch support of Ripple’s XRP, is eyeing a run against Senator Elizabeth Warren. This news has stirred the pot, introducing a fresh dynamic into what has been a rather calm Senate race. Deaton’s consideration to run as a Republican candidate brings to the forefront the contrasting views on cryptocurrency regulation between him and Democrat Elizabeth Warren. Also read: Coinbase Halts PlayDapp Trading After $31 Million Security Breach: Are Your Tokens Safe? A Battle of Ideologies Deaton’s potential candidacy is making waves, primarily due to his clear stance…
Coinbase swiftly responded to a massive security breach by pausing all trading of PlayDapp tokens. The breach allowed hackers to create 200 million PLA tokens, leading to an estimated loss of $31 million. This action reflects Coinbase’s commitment to security and its proactive measures to protect its users. The platform’s decision affects services across Coinbase.com, Coinbase Prime, Advanced Trade, and Coinbase Exchange. It underscores the gravity of the situation and Coinbase’s dedication to maintaining a secure trading environment. Also read: 3 Coins Stir the Market: PepeFork Soars, Bonk Dips, NuggetRush Hits $2.2M Coinbase Tweet In an attempt to mitigate the…
STORY HIGHLIGHTS The decentralized finance (DeFi) world is buzzing with excitement as the total value locked (TVL) inches closer to the $70 billion milestone. This growth spurt signifies a robust momentum in the market, with Ethereum firmly holding the reins. Also read: Jupiter’s Next Big Move on Solana DeFi TVL Ethereum TVL Ethereum continues to outshine its competitors, boasting a TVL of $40.95 billion. This dominance underscores its pivotal role in the DeFi ecosystem, providing a secure and versatile platform for developers and users alike. A New Contender Rises Amidst the familiar giants, EigenLayer makes a dramatic entrance. From a…
In the bustling world of meme coins, PepeFork, Bonk, and NuggetRush are making headlines. PepeFork’s launch was a hit, reaching a whopping $124 million market cap. Meanwhile, Bonk faced a 9% drop, and NuggetRush’s presale brought in over $2.2 million. PepeFork, known as PORK, skyrocketed by 600%. It’s now a top meme coin, catching eyes with its massive growth. Yet, some worry it might just be a quick rise and fall. PepeFork trades on various platforms and has the backing of the Pikamoon game, sparking more interest. Also read: A Wild Ride in Crypto Land: The $700M Jupiter ($JUP) Airdrop…
In an electrifying display of market foresight, a pseudonymous trader, u/MeLLoN98, turned a bold prediction into a windfall on Polymarket, a decentralized prediction market platform. Betting that Bitcoin would breach the $50,000 mark in February, the trader saw a staggering 550% return on their investment, spotlighting the lucrative potential of prediction markets in the cryptocurrency space. The Bitcoin Prediction Strategy Unfolded u/MeLLoN98 embarked on this venture by converting 110,000 MOON tokens to 14,000 USDC, a stablecoin pegged to the US dollar. With this capital, they purchased 91,409 shares at approximately 15 cents each in the “Will BTC hit $50,000 in…
In a big move, Deutsche Telekom teams up with the Fetch.ai Foundation. They aim to push AI tech forward in the Web3 world. A Partnership for the Future: Deutsche Telekom and Fetch.ai Deutsche Telekom, a giant in telecom, has made a bold step. They’re now the first big partner of the Fetch.ai Foundation. This foundation, born in February 2023, comes from the minds at Bosch and Fetch.ai. Their mission? To find smart AI solutions for mobility, industry, and consumer goods. Deutsche Telekom’s Role: “Deutsche Telekom will become the first corporate partner of the organization” Innovation at the Bosch Connected Experience…
In a thrilling turn of events, the Ethereum NFT scene is buzzing more than ever. The past week saw trading volumes soar to levels not seen since late February last year. This surge is mainly thanks to the adorable Pudgy Penguins. They’re not just cute; they’re about to make a big splash in the NFT world. Pudgy Penguins is eyeing the number two spot, right behind CryptoPunks. This is huge because it means they could soon outdo the Bored Ape Yacht Club (BAYC) in market cap. BAYC has been a top player, owned by Yuga Labs, who also has CryptoPunks…
In a surprising turn of events, the Curve DAO Token (CRV) has fallen below the $0.50 mark. This comes after a week of promising performance. Let’s dive into what’s happening with CRV and how it compares to the rest of the crypto market. Curve Dao’s Rocky Road Just recently, CRV was trading above $0.50. But now, it’s at a new low of $0.48. This is a big drop from its highest price of $60.50. Yes, you read that right. CRV has lost about 99% of its value. This is a huge deal for investors and the DeFi world. CRV’s current…
Franklin Templeton is making big moves! They’ve just filed for a spot Ethereum ETF with the SEC. This puts them in the ring with heavyweights like BlackRock and Fidelity. Here’s What’s Happening Into Ethereum ETF Race Franklin Templeton isn’t new to the game. They already launched a Bitcoin ETF, and now they’re eyeing Ethereum. “In January, the SEC approved eleven spot bitcoin ETFs, including the Franklin Bitcoin ETF trading under ‘EZBC.” Cryptonews. Despite the crowded field, Franklin Templeton is optimistic. Their Bitcoin ETF hasn’t hit big volumes yet, but they’re not worried. They believe it’s only a matter of time…
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