The Block
Standard Chartered Bank has upped its bitcoin price prediction target to $150,000 from the previous $100,000.The price could even reach $250,000 at some point in 2025 if strong spot bitcoin ETF inflows continue and/or forex reserve managers start buying bitcoin this year, the bank said.
Quick Take Base, an Ethereum Layer 2 network incubated by Coinbase, saw a significant increase in transactions and new users. The Dencun upgrade led to reduced transaction fees — setting the stage for increased activity for the network.
As a separate company, Figure Markets will focus on building a blockchain-based trading platform for various assets.It also intends to develop a regulated security alternative to stablecoins.
Weekly net inflows into U.S. spot bitcoin ETFs reached a record $2.57 billion last week.Trading volume also hit a record $35.1 billion for the week ending on March 15.
Quick Take A new Solana-based memecoin presale project called Slerf accidentally burnt funds raised from presale investors, worth $10 million.
Quick Take Stacks co-creator and Trust Machines CEO Muneeb Ali discusses how layer-2 networks on Bitcoin are changing the way people think about BTC.
Users will be able to place bets on crypto prices in U.S. dollars rather than in crypto.Debate over a market bubble emerged following bitcoin’s price drop last week, although it began to recover on Monday in Asia.
Google’s relative search interest data for the Solana blockchain network has reached its peak.Solana’s on-chain volume has been soaring on the back of memecoin popularity.
NodeMonkes’ floor price reached 0.83 BTC ($55,890) on Monday morning Asia time, making it the second-largest NFT collection in terms of market capitalization, CoinGecko data showed.The sales of NodeMonkes jumped 140.8% in the past 24 hours to reach $5.1 million, according to CryptoSlam data.
Quick Take The total supply of ether has declined to its lowest level since August 2022. The ether supply’s rate of decline has been the fastest since May 2023. Various on-chain metrics are near or setting new 12-month highs.
