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Slerf Price Rallies 65% As Jupiter, HTX, & Beeple Extend Support
CoinGape (RSS)

The cryptocurrency world is no stranger to twists and turns, and the Solana-based meme coin, Slerf, recently encountered a significant setback. However, despite facing adversity, the coin witnessed a remarkable surge of over 65% in its price today.

Meanwhile, this unexpected rally comes on the heels of crucial support extended by prominent figures within the crypto community, signaling a potential turnaround for the beleaguered project.

Slerf Receives Support Amid Recent Concerns
Following a tumultuous incident that resulted in substantial losses for pre-sale investors, the Slerf project found itself grappling with uncertainty. A developer’s inadvertent action led to the accidental burning of a substantial portion of the token supply, including assets earmarked for liquidity provision and airdrop distribu...

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World’s largest pension fund explores diversifying into Bitcoin
Cointelegraph.com News (RSS)

Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool.
Bitcoin levels to watch next as BTC price risks sub-$60K retest
Cointelegraph.com News (RSS)

Bitcoin bulls face an uphill struggle to stem selling amid worries that BTC price weakness will end up challenging levels below $60,000.
BitMEX whale tanks Bitcoin price to $8.9K during BTC sell-off
Cointelegraph.com News (RSS)

An unknown entity sold over 400 Bitcoin in a short period of time on the BitMEX BTC-USDT spot market, BitMEX began investigating the situation internally.
Bitcoin No Longer Trading at a Premium on Coinbase, Data Show
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The so-called Coinbase premium has evaporated, indicating a weaker stateside buying pressure.
Grab’s Singapore Users Can Now Use Crypto to Make Payments
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users.
Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up.
Justin Sun’s Alleged Role In The $10M Memecoin Burn Slerf
Coincu (RSS)

Rumors suggest TRON's founder, Justin Sun, is behind Slerf, a memecoin that raised $10M in presale only to burn it. Sun pledged to donate Slerf trading revenue.Read more...

Coincu News
Unlocking the mystery: Was the Slerf Memecoin Burn a Calculated Maneuver?
Cryptopolitan (RSS)

Amidst the fervent world of cryptocurrency, the recent launch of the Slerf (SLERF) meme coin has stirred up significant controversy and speculation. The developer’s claim of accidentally burning a substantial pre-sale allocation of Solana (SOL) tokens, valued at $10 million, has raised eyebrows and prompted questions about the true nature of the event.

Controversy surrounding the Slerf launch

The Slerf project gained widespread attention on March 18 when its developer announced the inadvertent burning of 53,000 SOL tokens intended for early investors. The initial reaction from the developer, expressing shock and remorse, was swiftly followed by a surge in trading volume, exceeding $2 billion, leading some to question the authenticity of the mishap.

Despite claims of a genuine mistake, skeptics have cast ...

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Japan’s $1.5T Pension Fund Eyes Bitcoin and Gold for Diversification
CoinGape (RSS)

The GPIF, recognized globally as the largest pension fund, has made a notable stride by announcing its intent to diversify its investment portfolio. In a bid to fortify its financial stance and optimize returns, the fund is now eyeing alternative assets such as Bitcoin and gold, alongside unconventional options like forests and farmland.

This strategic move by GPIF underscores its proactive approach towards modernizing investment strategies and adapting to evolving market dynamics. With assets amounting to a staggering 225 trillion yen by the close of December 2023, GPIF’s decision to explore beyond traditional stocks and bonds signifies a significant shift in its investment philosophy.

By embracing diversification, GPIF aims to mitigate potential risks associated with market volatility and economic uncertainti...

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Arbitrum (ARB) Price Tanks 25% But Market Cap Hits New ATH, Here’s Why
CoinGape (RSS)

Ethereum’s Layer-2 scaling solution Arbitrum has been undergoing some major developments recently after the token unlock last Saturday, March 16. The Arbitrum (ARB) price has corrected 25% since then and is currently trading at $1.51.

Arbitrum (ARB) Price and Market Cap Correlation
Arbitrum initiated a “Cliff Unlock” event on March 16, distributing 1.1 billion ARB tokens to investors, team members, and advisors simultaneously. Such an event typically triggers concerns of a market sell-off, causing a notable drop in the native token’s value.

Arbitrum opted for a simultaneous release of all tokens. Of the total, 673.5 million tokens were allocated to advisors and the team, while the remaining 438.25 million tokens were distributed to investors.

On the other hand, Arbitrum’s market cap has surged by ...

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Bitcoin mining firm Bit Digital reports revenues up nearly 40%
Cointelegraph.com News (RSS)

Bitcoin mining company Bit Digital said that its venture into artificial intelligence had already produced $4 million of revenue in February 2024.
Bitcoin’s Slump Sees Crypto Bulls Staring at $440M in Liquidations
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact.
World's Largest Pension Fund Seeks Information on Bitcoin Under Portfolio Diversification Plan
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.
Fidelity incorporates staking in the Ethereum ETF proposal
Cryptopolitan (RSS)

Financial powerhouse Fidelity has made a significant move in the cryptocurrency market, submitting an amended proposal for an Ethereum (ETH) exchange-traded fund (ETF). 

The amendment introduces a staking feature to the proposed ETF, allowing investors to stake a portion of the fund’s assets through a trusted staking provider.

Fidelity’s Ethereum ETF proposal echoes Bitcoin’s regulatory path

Drawing parallels with the approval of spot Bitcoin ETFs, Fidelity contends that the high correlation between Ethereum and Bitcoin futures issued by the Chicago Mercantile Exchange (CME) justifies the approval of a similar product for Ethereum. 

The company argues that utilizing CME’s surveillance mechanisms for Bitcoin futures could also assist in detecting fraudulent and manipulative practices in Ethereum markets, bolstering the c...

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Tech CEO Clarifies Chief Scientist’s Absence Amid Speculation
Cryptopolitan (RSS)

In a recent appearance on the Lex Fridman Podcast, OpenAI CEO Sam Altman provided insights into the situation surrounding the absence of the company’s chief scientist, Ilya Sutskever. Speculations had arisen following Sutskever’s involvement in an “ill-fated palace coup” in November, prompting questions about his whereabouts and his alleged encounter with artificial general intelligence (AGI).

Altman dismisses hostage speculations

During the podcast, Fridman humorously inquired whether Sutskever was “being held hostage in a secret nuclear facility,” to which Altman promptly dismissed the notion. Altman and Fridman chuckled over the notion, acknowledging its prevalence as a meme on social media platforms.

Despite the turbulence in OpenAI’s leadership dynamics, Altman expressed his fondness and respect for Sutskever, ...

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