VanEck Announces NFT Platform Launch
Global asset manager VanEck announced that it is launching an NFT marketplace and digital asset platform called SegMint in collaboration with Nueva.Tech, Delegate.xyz, MINTangible.io, Portals.to and Walletchat.fun. SegMint’s model aims to simplify the self-custody system of digital assets. According to the company, this process is akin to having a secure vault to store digital assets and giving keys to others, providing shared access and ownership to them without compromising security.
Total Assets of Spot Bitcoin ETFs Exceed Half of Total Assets of Gold ETFs
The total assets under management of spot Bitcoin ETFs listed in the United States exceeded the size of Gold ETFs by 51.5% as Bitcoin price surpassed the $63,000 level. According to current data, there is a total of 92.1 billion dollars in 19 gold ETFs in America. There is a total of 746,600 BTC in Spot Bitcoin ETFs, which corresponds to $47.5 billion.
Ark Invest and 21Shares Increase Transparency of Bitcoin ETF with Chainlink Integration
Ark Invest and 21Shares have integrated Chainlink Proof of Reserve into the Ethereum mainnet to increase the transparency of the ARK 21Shares Bitcoin ETF (ARKB), according to an announcement on February 28. This transparency facilitates public accessibility of Bitcoin reserve and historical data held in the ETF through Chainlink Proof of Reserve (PoR).
Dogecoin Reaches Its Highest Level Since November 2022
Dogecoin, the leading memecoin, reached its highest level since November 2022 by testing the $ 0.12 level with a 35% gain in value in the last week. With this strong upward movement, Dogecoin’s market value rose to $16.3 billion, thus becoming the ninth largest cryptocurrency by market value.
Marathon Digital Introduces Two Bitcoin Sidechains as Part of the Anduro Network
Cryptocurrency mining company Marathon Digital is developing Anduro, a multi-chain sidechain network focused on Bitcoin. The first two sidechains on Anduro, Coorder and Alys, are currently in development. Alys is an EVM compatible network designed for asset tokenization. Coorder aims to provide an even more efficient UTXO stack for Ordinals. The statement stated that Anduro is a platform built on the Bitcoin network and opens new possibilities for innovation within the Bitcoin ecosystem by allowing the establishment of various side chains. Marathon also stated that community leadership will be involved in network advancements, which are intended to include decentralized management.
Gemini to Pay $37 Million in Fines and Restitution of Over $1 Billion
Cryptocurrency exchange Gemini has agreed to pay at least $1.1 billion in damages to customers of its Gemini Earn financing program, as well as a large fine for non-compliance with the New York financial regulator. The New York State Department of Financial Services announced the agreement on Wednesday. This was the latest development in the legal history of the Gemini Earn program. Launched in 2021, the Winklevoss twins’ startup Gemini Earn allowed Gemini users to lend their crypto to the now-bankrupt Genesis Global Capital, LLC and earn annual returns of up to 7.4 percent.
Uniswap Offers New Features to Improve the Exchange Experience
‘Uniswap Extension’, ‘Limit Orders’ and ‘Data & Analytics’ are three new features that leading decentralized exchange platform Uniswap has added to improve the switching experience of its consumers. Yesterday saw the launch of the ‘Data & Insights’ and ‘Limit Orders’ pages. Users can expect to gain access to the utility within four to six weeks after obtaining the uni.eth username and joining the Uniswap Extension standby.
Ripple Partnership Axelar Will Increase Tokenization of Real World Assets (RWA) on the XRP Ledger
Ripple has teamed up with the Axelar Foundation to improve interoperability on the XRP Ledger (XRPL) blockchain and further advance the tokenization of real-world assets (RWAs). The purpose of the XRPL and Axelar network integration is to support the Layer-1 DeFi ecosystem by providing the liquidity needed for stablecoins and high-value assets. Meanwhile, developers stand to profit by leveraging XRPL’s built-in features, including native DEX, upcoming AMM, and its well-known, highly secure and effective payment system.
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BITCOIN(BTC)
In today’s morning hours, Bitcoin is trading at $62,770, up 5.2%. Last night, we reached up to $64,000 with a 10% increase. It encountered serious selling pressure from this region and dropped to the level of $ 59,500. $65,000 is now our first resistance zone, breaking it up may take the price to ATH. Our first support zone appears to be $62,000. Since the market is now very volatile, it is useful to pay attention to price movements.
ETHEREUM(ETH)
Ethereum, which gained 2.62% in value as of the morning hours, is priced at $ 3473. When we examine the four-hour chart, we are in a rising trend with strong momentum. It rose to $3490 yesterday evening, but faced a reaction and fell to $3175. Now it has reached these levels again. $3400 is the intermediate support zone, and with the upward reaction it will receive from here, it can move up to $3600. In a pricing below this level, the next support zone appears to be $ 3140.
RIPPLE(XRP)
As of the morning hours, XRP is priced at $0.5979 with a 4% gain in value. When we examine the four-hour chart, it continued to rise after breaking the $0.5750 region. It made a retest of $0.52 after yesterday’s short-term decline. If the upward movement continues, the $0.60 level must be broken upwards and sustained above it. The next resistance level is $0.62, and if there is an upward break, a rise to $0.65 can be seen. The first support level appears to be $0.5750.
AVALANCHE(AVAX)
AVAX is priced at $41.81 with a 3.67% gain in value as of morning hours. When we examined the four-hour chart, persistence above $38 was very important and the rise took place. In yesterday’s volatile movement, the 36 dollar level was retested and a pricing above 40 dollars appears. $43 is the first resistance level, and $40 can be determined as the first support level.
SOLANA(SOL)
SOL is priced at $124.75 with a 4.85% gain in value as of the morning hours. When we examine the daily chart, we see that the resistance area of $120 has been exceeded. If it persists above this area, another resistance area appears as $ 126.36. In case of a daily close above this resistance zone, a move towards the $140 level may be possible. In case of a pullback, the $122 and $120 levels can be followed as support.
CHAINLINK(LINK)
As of the morning hours, LINK is priced at $19,811 with a 2% gain in value. When we examine the four-hour chart, we see that the resistance zone of $ 20,676 was tested with the strong upward movement experienced yesterday. With some withdrawal, we currently see a pricing below the $20 level. If the upward move continues, the $20 and $20.60 levels are important resistance areas. In case of a withdrawal, the levels of 19.50 and 19 dollars can be followed as support.
LTC
LTC is priced at $82.22 with a 10.42% gain in value as of the morning hours. When we examine the daily chart, we see that the $79.30 resistance level has been broken upwards. If this movement continues, a move towards the $85 and then $88 levels may be possible. In case of a withdrawal, the $80 level can be followed as support.
ARB
ARB is priced at $2.0121 with a 5.87% gain in value as of the morning hours. When we examine the four-hour chart, we see that the resistance zone has been broken upwards. If this movement continues, the $2.05 and $2.14 levels can be followed as support. In case of a withdrawal, the $1.95 level can be followed as support.
