We invite you to another summary of the previous week with EmoneyMax crypto marketing service.
Arthur Hayes, the co-founder of BitMEX, said that altcoin season has arrived, where altcoins are overtaking Bitcoin and reducing its dominance in the cryptocurrency market. Ether, Arbitrum, and Dogecoin all posted significant gains over the last day, while Bitcoin held steady in the $30-$31,000 range.
BTC closes at $30,000 after CPI volatility
Bitcoin’s dominance of the cryptocurrency market has reached a two-year high, accounting for 46% of the total market capitalization. Despite being flat over the weekend, BTC broke above $29,000 on Monday and continued to climb above $30,000 on Tuesday morning. The release of the US CPI data generated the expected volatility, but when the March inflation numbers turned out to be lower than those of January and February, BTC made a profit of $500.
This increase comes after a period of relative stability where Bitcoin hovered around $28,000 for a few days before the recent spike. The market’s focus now will be on whether Bitcoin can sustain this bullish momentum or whether it will find resistance again and pull back.
In general, the last few days have been marked by significant developments in the cryptocurrency market. Bitcoin’s resurgence is just one of many significant developments.
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- Marketing: We promote your product or service to potential customers through advertising, branding, and other techniques.
- Community Management: Build and maintain relationships with your user community to encourage engagement and growth.
- Graphic Design: We can create visual content such as logos, graphics, and layouts.
- Content Creation: Development and production of digital or physical materials such as articles, videos, or podcasts for your audience/product.
- Translation: The conversion of written or spoken language from one language to several others.
- Upvote: Indicates approval or support for your project.
- Trending: <ake your project/product popular or gain popularity.
- Shilling: Promote your cryptocurrency or investment with our professional English speakers.
- Listing: Add your project to a listing, usually for sale or promotion.
ETH returns $1.9k after the Shapella upgrade.
Ethereum’s Shapell upgrade was successfully implemented, leading to a 3.5% increase in the second-largest cryptocurrency and a return of $1,900. The update, dubbed Shanghai,” was released on Wednesday at 22:27 UTC, and the blockchain network is currently processing payment requests.
According to Beaconcha.in times, around 285 withdrawals totaling around 5413 ETH ($10 million) were processed at the time 194408, half an hour after activation, and its successful implementation is important for the Ethereum community.
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The BNB network launched a testnet for data storage solutions
Greenfield is an open-source, decentralized technology chain with $BNB as a token. Greenfield aims to provide the fastest service among decentralized storage solutions with cost-effective features similar to Web2 cloud storage. In particular, BNB Greenfield seeks to mirror traditional Web2 cloud storage services by adding advanced features tailored to Web3 applications.
After the full launch, BNB Greenfield users will be able to enjoy features such as “decentralized data storage, access control, native cross-chain communication, storage provisioning configuration, node verification, and staking.”
Solana will launch its web3 Saga phone on May 8
Solana Labs, Inc., the company behind the Solana blockchain ecosystem, announced that the Saga smartphone will be available for purchase on May 8, with pre-orders on April 20 to modernize the way people interact with their digital assets for better usability and greater security.” The smartphone comes with several pre-installed decentralized applications (dapps) and runs on Android 13. The phone allows users to access web3 applications in real-time and offers enhanced private key security.
FTX return assets grow to $7.3 billion, exchange could relaunch in 2024
During Wednesday’s bankruptcy hearing, Sullivan & Cromwell attorneys representing FTX said the exchange now has $7.3 billion in distributable assets. Including cash and cryptocurrencies. After an extremely “busy and productive” few months since the November 2022 stock market crash, FTX attorney Andy Dietderich said “The situation has stabilized and the container fire has been extinguished.
- Decentralized exchange Uniswap has launched an iOS mobile wallet app to support DeFi wallet adoption and trading on the go.
The Uniswap mobile wallet allows users to buy cryptocurrencies for as little as 2.55%, which is nearly half of what some competing DeFi protocols charge, Uniswap said in a statement.
Users can also exchange money on popular DeFi platforms, including Polygon, Arbitrum, and Optimism. The wallet contains in-app token prices and NFT data, allowing users to assign tokens and wallet addresses to track the business activity that matters most to them.
The app’s creators hope these features will encourage users to store their own cryptocurrencies using DeFi wallets, which traditionally have a higher barrier to entry than more centralized ways of buying and storing cryptocurrencies.
- SushiSwap, a decentralized exchange, suffered around $3.3 million in abuse over the weekend. Since then, DEX has returned $186,000 worth of ETH.
TrueUSD (“TUSD”) was launched on the BNB Chain as a native token. Users can mint and claim TUSD native to the BNB chain via the TUSD website, paving the way for further integration of TUSD into the ecosystem.
Mastercard has launched a free NFT that will allow emerging artists to access its web3 music program. The Mastercard Artist Accelerator program provides artists with resources, including free access to educational materials and unique AI tools.
Dogecoin is looking for $0.1, here’s why DOGE price keeps rising
Dogecoin, along with Ethereum, led gains today as the cryptocurrency broke above $0.09 and is now tracking the key $0.1 level.
DOGE is up, and the price shows no signs of slowing down at the time of this writing.
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