THE DAILY ENCRYPT

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Glassnode’s New Bitcoin Indicator Reveals Little Accumulation Took Place Recently

Glassnode’s new Bitcoin indicator, the “accumulation trend score,” shows the market has leaned towards distribution recently. Bitcoin Accumulation Trend Score Has Shown Values Of 0.2 To 0.5 Recently As per the latest weekly report from Glassnode, the latest addition to the on-chain market intelligence company’s indicators suggests the trend has been that of distribution in

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Crypto.com Launches US Exchange — Institutional Investors Granted Access First

The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive events, rewards, and cutting-edge market insights.” Crypto.com Launches US Exchange Platform — Waitlist Open

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Decentralized Identifiers To Disrupt The Monopoly Of Centralized Institutions Across The Internet

The world wide web was originally designed to be transparent, inclusive, and open to all. However, as technology progressed, the original vision was largely abandoned, leading to an overly centralized online ecosystem. Web 2.0, the version of the internet that we are currently living and most familiar with, has several drawbacks that we rarely discuss. …

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GARI Emerges As Second-Biggest Project On The Solana Blockchain

Just six months after its launch, the GARI cryptocurrency launched by Chingari has staked its claim as the second-most popular token on the Solana blockchain with more than a quarter of a million holders. That’s according to data from GenX Analytics, which shows there are now 238,000 individual GARI token holders, putting it behind only …

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Solana Metaverse Project Dragon War Reveals IDO Plans

Dragon War, a turn-based strategy game built on the Solana blockchain, has revealed details about its highly-anticipated public sale. Between March 20 and 23, the project will list its native $DRAW token via three separate launchpads – Solanium, Red Kite and Starpunk. The sale will give investors the opportunity to purchase an asset (sale price: …

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Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend?

Bitcoin continues to move sideways as the week progresses. The benchmark cryptocurrency was pushed back from $40,000 levels and has been unable to bounce back to previous highs. However, BTC has been showing resilience as the traditional market seems to trend lower. Related Reading | Where Ethereum and Bitcoin Headed After Musk’s Tweet At the …

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Timechain Joins The Fireblocks Network To Push Institutional Adoption of DeFi And Crypto Higher

Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and …

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