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2024-03-12 09:00:00 Solana registers all-time high in daily new addresses

The daily number of new addresses on the Solana blockchain has reached an all-time high, according to The Block’s Data Dashboard. The daily count of new addresses on the Solana network, based on a seven-day moving average, now stands at over 691,000. Frizza added that Solana has experienced a surge in transaction volumes on DEXs, consistently surpassing the $2 billion daily trading threshold since early March.

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2024-03-11 21:15:00 Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH

Bitcoin’s price is trading above $71,000 for the first time in its history after increasing by more than 2% during the past day. Over the weekend, Bitcoin largely hovered around the $68,000 mark. However, during the early Asian trading hours today, it surpassed the $70,000 threshold and quickly surged to above $71,500. This rapid ascent places all Bitcoin holders in profit, according to IntoTheBlock data. BTC was trading at $71,551 as of press time, according to CryptoSlate’s data.

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2024-03-10 20:45:30 BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin (BTC) than MicroStrategy (MSTR). According to the fund's latest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held 193,000 tokens.

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2024-03-10 10:10:00 Bitcoin’s road to new ATH was reflected in on-chain data

Bitcoin recently matched its all-time high price of $69,000, only to experience a correction shortly after that. A new ATH marks a significant moment for the crypto market and serves as a critical moment for understanding the driving forces behind crypto rallies. It offers an empirical foundation to analyze the actions and sentiments of users and investors, providing insights into the current state and trends of the Bitcoin market.

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2024-03-09 22:05:28 Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock

The Ethereum network's revenue surged to nearly two year highs this week as the speculative frenzy with meme coins boosted blockchain activity, IntoTheBlock noted in a Friday market report. IntoTheBlock data shows that Ethereum mainnet's revenue from network fees reached $193 million this week, the highest figure since May 2022 and a 78% increase from last week.

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2024-03-09 10:10:11 BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

BlackRock, the $9.1 trillion asset manager, has laid out plans to purchase spot bitcoin exchange traded products (ETPs) for the firm’s Global Allocation Fund, according to an updated filing on Thursday with the the Securities and Exchange Commission (SEC). Spot bitcoin exchange traded funds (ETFs) approved in January of this year have been a big success, relative to the broader ETF market, with BlackRock’s iShares Bitcoin Trust (IBIT) holding the record for the most daily inflows.

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2024-03-08 22:15:30 Crypto exchange daily volume rises to nearly $100 billion for first time since 2021

Daily trading volume on centralized crypto exchanges has reached a high not seen since November 2021. The seven-day moving average for daily trading volume across a wide range of centralized exchanges reached $97.4 billion on March 6, according to The Block’s Data Dashboard. While daily trading volume has rapidly increased over the last few days, monthly trading volume has been on the rise for the last few months.

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2024-03-08 12:25:17 Uzbekistan taps Tether to boost crypto, blockchain development and regulation

Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective Projects (NAPP) to develop a regulatory and legal framework for digital assets in the country, according to a March 7 press release. The agreement signifies a strategic effort to make Uzbekistan a central hub for blockchain and peer-to-peer telecommunication technologies, aiming to spark innovation and economic growth within the region.

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2024-03-07 20:05:00 Bitcoin accumulation phase ends as ETFs fuel new $100K BTC price target

Bitcoin is ending a year-long accumulation spree that began at the end of the 2022 bear market, data suggests. Figures from on-chain analytics firm Glassnode show BTC in accumulation addresses declining for the first time since the first quarter of 2023. Bitcoin hitting all-time highs this week may have sparked an instant sell-off, but behind the scenes, hodlers are already busy taking profits.

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2024-03-07 11:05:17 BlockFi reaches $875 million settlement with FTX, Alameda Research

Bankrupt cryptocurrency lender BlockFi has reached a $874.5 million in-principle settlement with FTX and Alameda Research estates, according to a Wednesday bankruptcy court filing. Upon court approval of the settlement, BlockFi — which was hit by the collapse of FTX in 2022 and filed for Chapter 11 bankruptcy soon after — will receive a customer claim against FTX worth $185.2 million and a claim of $689.3 million from FTX’s sister trading firm Alameda Research, according to the filing.

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